Charity re8istration nunrber.. 1201477 Ashgrove Trust Awiual Report and Financial Stat¢m¢nts for th¢ Yoar Ended 5 April 2024
8hgrove Trust Colltellts (contluued) Reference and Administrative D¢tails I'rust¢es' Report Statement of Trustees, Responsibilities 2to5 A¢coiintants' Report Slaiemellt of Financial A¢tivities Balance Sheet Notes to thc Financial Statements Ioto 14
Ashgrove Trust Reference and Administrative Details ChHirman P¢ter James Trusteos Steplien Robins Eddie Swanson Marcus Evans Peterjames 1201477 Charity Registration Number Principill Office 3 Tyn-y-coed Road Penryrch Cardiff CF15 9NP Hinton Abbott Accountants Swindon SN27RR Accountant Page I
Ashgrove Trust Trustees, Report The trustee5 present their report alono with the financial statements of the charity for the year ended 5 April 2024. The fItiaiicial statemeiils have been prepared in accordajice with the accoiinting policies set out oji page 7-8 and Comply witl) the Trust tked and applicable law. Stru¢tur¢i governance And mHn#Eement Governing docuDieni The Charity is an unincorporated trust consiittited by a Deed of Tn15t dated 12 May 1982, mos¢ re¢ently anieiided by Deed of Variation dated 15 August ?014. The Trust was registered with the Charity Cotninis5ion for England and Wales on 3rd Janiiary 20?3 under Charity Registration Number.. 1201477 Recruiimeni aPPOityimenl of trnslées The iiames of the Trusiees who have served during the year and since the y¢ar end are sel out on page l. Noiie of the Tru5tee5, iior any person coiinecied with thein, received any reiiiiijieratton or expettses frojn the Charity iii the year ended 5 April 2Q2412023..£nill. The Trust operates a Gospel Hall and TTUStees are Choseii from amojig the regular ¢otigregation of the hall. New Trusle¢s are nominated by the ¢xistiiig Trustees or by the ¢oiigTegalion and must he appointed by ujianiiiious resolution of the congregation. They are selected according to their skills and e¥peri¢nce alld are expected to use both in fiirthering the objects of the Charity. Checks are tnade to en$ure the Trustees. eligtbility to act and incotning Trustees are made aware of their r¢sponsibilJlies by the ¢XiSliJig Trustees. who ensure that iiew Trustees read tlie Trust Deed ajid relevant Cliariiy Cotnmission guidajice. Wider Nelwork The Tnjstees maintain infomial links wirh siniilar charities with a vi¢w lo pi)oling experien¢e considered useful in pursuing the objects of th¢ Charity. The Charity also maintains particular lijiks with Cardiff Gospel Hall Trust, wilh which it shares metnbeTS of its congregation. Risk The Trustees have identified and reviewed the major risks to which the Charity is exposed and cottfimi that they have estsblished systems or procedures to tnanage and mitigate those risks. Objeetives aetivities Objects, The charitable purposes of the Charity are the 2dvancem¢nt of the Christian religioa for the public benefit, in¢liiding by tlie carrytng on of the service of God In accordance witli tlie Old and New Testaments of the Holy Bible as followed by those Christians forming part ofthe world-wide fellowship known as the Plymouth Brethren Christian Church Ithe"Brethren"l and any other charitable PUTposes ionnected with Brethren. The COTe doctriiie of The Brethren and proper ptaclices in furthei?n¢e of certatn aspects of doctrine are 5ummarised iii two scliedules to the Trust Deed. Ptsblir benefii The Irusiees Lonfirm that they liave complied with tlieir duty under section 4 of ihe Charities Aci 2011 to have due regard to the c.harity Cojninission'sgeiieral guidance tts charitES on publtc benefit. Page 2
Ashgrove Trust Trustees, Report (continued) acliviiies ¢cliievem¥nts The Trust provides and matjilains gospel hall where religious meetijigs are held by tILe local Brethren community. Derails of the orisins, teachings and ivay of life of the Bi'eihren cali be found oji tlie website www. plymoutlibreihrtnchrisiiancliurcli. org and in the schedules to ilie Trust Deed. As a charttable Christian organisatloll, C3Try Out a number of tasks to assist mankind in various ways. Both ttme and money are oiven to provide a benefit to those around us in iieed. Charitable Benefit Report for Ashgrove Gosp¢l Hall Trust Ov¢rvi¢w The Ashgrove Gospel Hall Trust has proudly supported the Rapid Relief Teatn IRR Tl Ihroughoui the past year, facililatiijg nuineTOL15 charitable a¢tivilies aimed at uplifting our local comtnuiiities. This report highli8lits key initiative5 undertaken by the RRT, showcasing our commitment to serving those in need in Cardiff. key Activities l. Meal for the Homeless in Cardiff Date.. Saturday 21st January 2023 Localion.. Huggard Homeless Shelt¢r Cardiff Details.. On a Satiirday Jnvrnin& the RRT hosted another meal for homeless indivEduals at one of Cardiffs key shelters. This initiative aimed to ensure that vulnerable cit12¢ns reccived a wami nieal and compassionate care. 2. Doddie Weir 555 Foundation Sponsored Btke Ride Breakfast Date.. 9th Febritary 2023 Location.. Principality Stadium. Cardiff Details." In a testanient to our commitineiit lo health and coiiimunity spirit. the RRT organized a breakf45r evejit for particJpant5 of the Doddie Weir 555 Foundation sponsored bike ride. Serving an impressive 400 breakfasts at the i¢oni¢ Principality stadium, this initiative aiin¢d lo fuel the riders while raising awareness for the vital work ot. the Doddye Weir Foundation, which support5 research into tnotor neurone disease. This event not only provided nourishment but also fostered Camaraderie among participants, showcasitjg our dedication to health-related causes. 3. Meal for the Homeless in Newport Date." Saturday 26th Aii¥usi 2023 Location.. High Street, Neiyport Details" The RRT orgaiiized a community meal fot homeless citizens, successfully serving 190 meals. This event tIOl only provided llourishmeiit but also foster¢d a seRs¢ of community and support for those facing challenging citcumstances. 4. Support for Emergency Service5 TTaintng Date.. Sepiember and October )023 Locttion.. Cardiff Iniemattonal White Water Centre Details.. The RRT ¢ollaboraled with local emergency service5 to support their two key Ireining exer¢ises. Thi5 parthership not oiily Strenhen community relalitsns but also ensured that Qlir emergen¢y respoiiders are well-prepared for JEal-lift $¢enarios. 5. Support Durjng Live SiatIons Date.. 13th December 2023 Location.. Near Abetdare Details.. The RRT provided vital support to emtrgen¢y services during live fjre situations. This assistance was crncial in managing the safety of the community and ensllring effective re5ponse5 to einergencies. Impact
Ashgrove Trust Trustees, Report (eontinued) The activities undertaken by the A5hgrove Gospel Hall Trust have 5ignificanily impacted the lives of many individuals withtn our coininujiity. By provjditig ineals aiid support lo ihe homeles5, we have helped alleviate some of the iTnniediate liardsliips tliey face. Addiiiontlly, our collaboration witli emergeiicy services enliances cotniiiunity safety aiid preparediiess. showtasiiig our dedication to the welfare of all Citizens. Acknowledgmenis We would IIke to extend our heartfelt gratitude to all voliinleers, and cominiiiiity tnember5 who contributed their trme and resour¢es to make ihese iijitiatives possible. Your support Is invaluable in helpiiig us acliieve our mission. Plgns for Future Periods Tlie Asligrove Gospel Hall Trust remains committed to supporting th¢ Rapid Relief Team in its charitable endtavolirs. Together, we will continlle to make a positive impact on our local conimuniries. offeriiJ¥ assistance and hope to those who need il most. Despite tlie iiicreased cost of energy. the trustees feel that these increased costs aTe not signifjcantly impacting on the ability of tlie chariry to continiie as 2 going ¢oiic¢rn. Meeting.$ Ikleeijngs held at the Gospel halls ijiclude the Lord'5 sUpr ICon?munionl, Gospel pteachings, Bible readings and Bible address¢s. Tliere is a Striictured weekly schedule of m¢eliiigs and. depciidiiig oli Ilie panitular me¢tin¥. between 40 and 600 people norm211y attend these occasions. The meetings are attended bv the regular congregation and m05t aTe open lo other properly disposed visitors. The notice board outside the Hall welcomes vi51tors and displays the tymes of Gospel preachings. along with a telephone nurnber for those seeking further tJ]fom)ation or help. Gospel tracts, which are distributed by siitet preachers, a150 display this inforniation. Bibles ajid an extensive rdnge of ollier Christian reading material are on display at the ha115 and visitOTS are free to help theinselves. Spreoding ihe Gospelmessage andihe life of a ChrE.¥lia The Gospel halls are a base from which tli¢ regulaT coiigregatIon and others who attend the m¢etiiigs are encoui?g¢d to spread tlie Christian Gospel, in word at)d deed. Members of the congregation participate in a programme of strEet preaching and Gospel tracts are provided free of charge by the Cliarity to 5u¢h preachers to be handed out to interested members of the public. In carrying out this work, the congr¢gaiion considers itself to be living oiit its faith in practice, as partiLiilarly ex¢mplifJed in the following extract from the schedule to the Trust Deed on living a Christian life.. We scek ajid are encouraged lo live exemplary lives iIi all our rclatioiiships witli others in the wider community lin¢liiding former Brethrenl. in accordance with the teacliings of Holy Scripture11 Tim 2..21. We regularly 80 Out from our homes to preach on the streets, to distribute Christian literatUTe aiid eiigage with the wider comniunity liiicludtng former Breihrenl in order to PTesenl eiemal salvation. available to all Inen by faith in Jesiis Christ.12 Tim 4..21. We seek as member5 of the piiblic lo lead Chrtstian live5 as husbands aiid wives, parents, Children, employers, employee5 and Jieighbours. (Col 3..22-25, Col 4..11. Pag¢ 4
Ashgrove Trust Trustees, Report (continued) The preservatton and protection of the faJnily unit is fiindam¢ntal and children ai¢ prized as a blessing fiom God. (Psalm 127..3-51. The elderly are valued members of the community. for whom both their family ajid ihe Ivider cotllmuiiiry are exptcled to ¢are. Holy Sci'iptiire commands Ils to be good neighboiirs to others, and deal with all other people (including formcr Brethren) openly, honestly and fairly aiid consistent wtth these principle$. w¢ should give our time, talents and moiiey to assi5r those iii need in the wider LoinmunTty, In so far as r¢asoiiable given our abilities ajjd our available resources. Iman 7..12. Matt 22..39. Epli 4..?81. Fuiidiiig Fllndin¥ is sought through gifts from the ¢ongregation and Gift Aid is claimed on eligible donations. Fiinding is sometiEnes received from other charitable trLlSts with complemeniajy objectives. Financial review Financiolposiiio In the year ended 5 April 2024 the Trust has a surplus of £9.170 12023.. £77,4401 of incomiiig resources over resources expended. Total voluntary income received this year was £47.406 compared lo £110,520 in tlie previous year. Reservespolin, The Trusrees liave considered the level of reserves they wish to retain, 2ppropriaie to the charity's needs. Thi5 IS based on the chaTlty's size and the level of financial conimitments. The Trustees considei" that no res¢rve5 poIi¢y is needed as exp¢nditiire is very, minimal aiid infrequent. The Trustees aim to ensure that the charity will be able to ¢ontiiiue to fulfil its charitable objectives eveti if there is a temporary shortfall iii income or unexpected expenditure. by raising a funds appeal. Free reserves at the yeAr end were £Nil1202J- £Nill The annual report was approved by the trustee5 of the charity on and signed on it5 behalf by.. Stephen Robins Trustee Page 5
Ashgrove Trust Statement of Trustees, Respollsibilitie5 The trustees arc responsible for preparing the triisiees. report and the financial statements in accordance with the United Kiiigdotn Accounting Stai)dards (United Kingdom Generally Accepted Accollnting Practitel and applicable laiv and regulation5. The law appli¢able to charities reqiiires th¢ trustees to prepare fiiiancial slaitinents for each financial year which give a (rue 2tid fair view of the state of affairs of the charity and of the incoming resources and application of resource5 01.the charity for tlial period. In preparing th¢5e flnancial ststenients, the twslees are required to., selecr suitable accounting policies aiid then apply them consl$tently.' obs¢Tve rhe mcthods aiid principles in the ChaTltie5 SORP.. make judgements and estitnaies that are reasoijable and prudeiit., state whether applicable accoiinting standard5 have been followed. subject to aJ]y material departures disclosed and e.%plaind in the financial statements., and prepare the financial Statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are rcsponsible for keeping proper accounting records that disc105e witli reasonable atciiracy at any time the fjnancial posItOn of the charity and enable thetn to ensiire that the financial Statements comply with the Charities A¢t ?0 I I, the Charities (Account5 alld Reports) Regulations 2008, and the provisions of the constitLltion. Tlie trustee5 are also respotisible for safeguardjng Its¢ assers of the charity aiid lience for rakiiig reasonable steps for the prevejilion and detection of fraud and other irregularities. The trustees are responsible for the maintenaiice and integrity of the corporate aRd financial informatioii iiicluded on the charitable ¢ompaiiy's website. Legislation governing the preparatioii and dissemination of fjnancial statements niay diffei. frotn legislatioii in other jurisdictions. All transactions have beeji revi¢wed aiid approved by two trustees. Approved by the trustees of the charity on .... oi !( and signed on its behalf by.. Stèphe Trustee obins Page 6
Accountxnts, Report to the Trvstees on the Preparation of the Unaudited Statutory Accounts of Ashgrove Trust for the Year Ended 5 April 2024 In order lo a5SlSI YOU to fulfil yOilT diities under the Coinpanies Act 2006. we have prepared for your approv21 the accoiints of Ashw'ove Trust foi. the year ended 5 April 20?4 a5 set our on pages 8 to 14 from the company's accounting records and from information attd explanaliotts yoii have given lis. Tliis report is made solely to the Trllste¢5 of Ashgrove Trust. as a body, in a¢cordance with the temjs of our ¢ngagemeiit leiter. Our work has been iindertaken 501ely to prepare for yOLir approval the accounts of AshgTrov¢ Trust aiid state those matters that we have agreed to state to the Trustee5 of Ashgrove Trust. as a body, in tliis report. To the fullest extent permitted by law, we do not accept or assume resp0115ibility lo attyoiie other than A5h8rove Trust and its Trusttes as a body for our work or for th15 report. It is your duty to ensure thai Ashgrove Trust has kept adequate accouiiting records and to prepare ststutory accounts thai give a Irue and fair vithv of tlie assets. liabtlities, fiiiancial positioii aiid of Ashgrove Trust. You c0115ider that A5hgrove Tiusl is extmpi fiDm the statutory audit requirenient for rlie yeaT. We have not been instructed to carry out an audit or a review of the atcounts of Ashgrove Trust. For this rea50Ji we liave not verified rhe accuracy ot roinpleteness of the a¢counling records or infomiaiion and explajiaiioiis you have given to u5 and ive do not. therefore. expr¢ss any opinion on the statutory accounts. ittock_ Setjior Partner Hinton .4bbott Accouiitants 2 Kingsdown Orchard Hyde Road Swindon SN2 7RR Date.. Page 7
A5hgrove Trust Statement of Financial Activities for the Year Ended 5 April 2024 Unrestricted funds Note 2024 Income gnd Endow]Dents frorn.. Donaiioiis and legacies Total income 47.406 47.4Q6 Expenditure on.. Charitable activities 47,406 38,236 Total expendittire Nei ijiconie 38,236 38,236 38.2i6 9,170 Nel movetnent in funds ReconeiliAtion of fund$ Total funds brought for%vard Total funds ¢arri¢d fonyard 9,170 9.170 9.170 891.862 891,862 901,032 901,032 Llnrestricted 2023 Note Income And Endowments from: Donarion5 and lega¢its Total income 110,520 110,520 Expenditure on: Charitsble actTvitte$ 110,520 110.520 33,080 Tot21 Expenditure Total expenditure Net movement in fiinds Reeonciliation of funds Total funds brought forward Total ndS ¢arried forward 33,080 33.080 33,080 33,080 77.440 77.440 814,422 814,422 891,86? 891.862 All of th¢ charity's activities derive frojn continuing operation5 during the above two periods. The fujids breakdown fot 2024 and 20?3 is showi in note 6. The iiotes on pages 10 to 14 fomi an integral part of these financtal statements. Page 8
Ashgrove Trust (Registration number: Not registered Balance Sheetas at 5 April 2024 2024 2023 Note Fixed 2ssets Tangible asset5 Creditor5: Amounts falling due within one year Total assets less current ligbilities 902.03? 923.36? I 1,0001 (1,5001 901.032 921.862 Creditors.. AMoUt5 falliMg due after more than one year Net Assels 130,QOOI 891,862 901.032 Fun(ts of the charity- Unrestri¢ted ineome funds Unrestri¢ted funds 901,032 891,862 Total fund5 901,032 891,862 The finaiici21 statements OTr pages 8 to 14 were approved by the trustee5. and authorised for issue on £1. i. If and sigiied on tlieir behalf by.. Stephen Robins Trustee The notes on pages 10 to 14 form an integral part of these financial statements. Page 9
Ashgrove Trust Notes to the Financial Statements for the Year Ended 5 April 2024 l Actounting polieies Basis of preparation financial statements Basis of preparation financial siateineiits The financial slalements have been prepared in accordan¢e with Accoiinting and Reporting by ChaTlties'. Second edition of the Siat¢illeJit trf Rccommended Practice applicable to charities preparin¥ their accounts in acrordance i¥iih tlie Finart¢ial Reportiiig Stajidaid applicable in the UK aiid Repiiblic of Ireland IFRS 1021 issued iii Oclobcr 2019, the Financial Reporting Slaiidard applicable in the United Kingdoni and Republi¢ of Ireland IFRS 1021. and UK Generally Accepted Practice. The functional eurrency of the charity is sterling (£1. The Trust tneets the definition of Y4 publi¢ benefit efttity linder FRS 102. Assets and liabilities are initially recognised at historical cost OT transaction value unless oth¢rwise stated in the relevant accoiinling policy notelsl- In¢ome Donatioiis are recogiiised in the year in which there is entitlemeiit atjd probabtlity of receipt and the amount can be measured with Teasonable certaInty. liJcom¢ 25 only deferred when the charity IS 10 fulfil conditions before becoming entitled io it or where the donor lias specifI¢d that the income is lo b¢ expended iii a future year. Gift aid is added 10 the value of the donation to which il relat¢5. Donated services are reco¥nised as income and expeiiditure IR the financial siatements when organisations or individuals offer tlieir services attd 5uppori pro bono. Tlie value of tliese donated services from Cardiff Gospel Hall Tnist is Considered to be equal to market value which woiild be paid wer¢ the seivice fomiAlly prociired. This includes 5¢rvices paid for by other Irusls. Investment income is accounted for on a receivable basis. Expenditure Expenditure is included on an accrua15 basis. Liabilities are r¢¢ognised as 500n as there is a legal or constructive obligation comtnitting the charity to pay out resourees. Charitable activities ¢otnprise those costs directly attributable to tlie fulfilment of the charitable objects. CovernaNce gnd support costs Support ¢ost5 have been allocated belweEll governance costs and other SUPPOrt costs. Governance costs comprise all costs involving the public Accoiintability of th¢ charity and cosis related to statiiiory requirements. Governance and support costs are allocated to chaiitable activities on the basis of capacity used. Page 10
Ashgrove Trust Notes to the Financial Statements for the Year Ended S April 2024 (continued) Taxation The Tiusl 15 a registered charity and is not liable to United Kingdom in¢oTne or corporation tax on ¢h3ritable activities. provided incoine falls witliin tlie charitable ex¢mptions aiid 15 spent on charitable purposes. Tlngiblc fixed #sset5 Tangible fixed assets and depreciation Tangible fixed assets l¢ostin¥ tnore than £l,0001 are stated at cost less depreciation. Freehold land is not depreciated. D¢preciation is provided at rates calculated to write off the cost. 1¢55 estimated residual value, of each a55et over its expected useful life as follows.. Freehold biiilding5 20/¢ straight lin¢ lexcept where we have been uoable to difftrcntiate between land and building costl Temporary buildings 2Q /0 siraighi line Fixtures and Fittings IOO/o straighi line Fund structure The general unrestricted fuiid is free for the Trustees to use for any PUTposes iii furtherance of tlie trust's charitable objects. Restricted funds arise from don31ions lo ihe trust, ithich are tllade for a specific purwse. Restyicted fvllds can only be used for tlie purp05¢ for which fund5 Te given. Going Concern The Trustees consider that there are no material uncertainties About the charity's ability to wntinue as a going concern. Significant e$tim*te$ #nd judgements Tht tru5te¢s do iiot coiisider tliat there are aiiy sources of eslimalion uiicertainty at tlie reportin8 date thai have a Slgnificant risk of causing a material adjustmettt lo the caTrying amounts of assets and liabilities within the Jiexi reporting period. Trustees, remunergtlon 2nd ¢xpensts No TrLlStees received any remuneration or other benefils from an etnployment with the charity and no Trustees were reimbursed for expert$e$12023". None). Wage5 and sAlaries There are no etnployee51?02J'. none). Pagell
Ashgrove Trust Trlotes to the Financial Statemenls for the Year Ended 5 April 2024 (continued) 2 Income from donations and lega£ie5 Unrestricted fund5 GenerAI Total funds Donatioiis and legacies., Doiiations from individuals Donated services from Cardiff GHT TotAI for 2024 30,000 17,4Q6 30.000 17,406 47,406 47,406 TotHI for 2023 110,520 I I [1,520 3 Analysis of governgnce support costs Governance c05t$ Unre$tYieted funds General Total 2024 Total 2023 Accoiintancy fees Fees paid to Accountants Leg21 fees 400 400 900 1.434 400 41>0 2,334 4 Re$ourte5 expended 2024 2023 Insiirance Water Rates Electricity Repairs & Maintenance Legal Fees Accouiitancy Rent for Car park Sundry Depirciaiion Total 1,647 287 7,706 6,366 2.654 855 3,272 ,750 1.434 900 500 56 21,660 33.080 400 500 21,330 38,?36 Page 12
Ashgrove Trust Notes to the Financial Statements for the Year Ended 5 April 2024 (continued} S Tangible flxed assets Land gnd buildings Furniture equipment Total Cost Al 6 April 2023 1.066,491 1.650 1,068,141 At 5 April 2024 1,066.491 1.650 1,068,141 Depreciation Al 6 April 2023 Charge for the year 143,129 21,330 1,650 144.779 21,330 At 5 April 20?4 164,459 1,650 166.109 Net book value At 5 ApTiI 2024 902,032 902.032 At 5 ApTiI 2023 923,362 923,36? Title Numbers.. CYM439440 £345.000, WA513224 £394.964, CYMi06?97 £326.527 Page 13
Ashgrove Trust Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) 6 Tr1ovement in Funds Bgl#nte at 6 April 2023 Incoming resources R¢sour¢¢s expended Balance 4t 5 .4pril 2024 Unrestricted funds General 891,862 47,406 138.?i61 901.Q3? Balance Rt 6 April 2022 Incoming resource5 Resource5 expended Balance 14 t S April 2023 Unrestricted fthS GeneTal 814,422 110,520 133,0801 891,862 7 Analysis of net 115sets between funds Unrestricted funds General Total funds at 5 April 2024 Tangible fjxed a55ets 902,032 I 1,0001 902.03? 11.tx>oi Total net assets 901,032 901.032 Unrestricted funds General Total funds at 5 April 2023 Tangible fixed assets Current liabilities Creditois over l year 923,i62 1 1,5001 (30,0001 923,i62 11.5001 {30,0001 Total net assets 891,862 891.862 8 Relgted party trgnsactions There werE no related paty transactions in the yeaT. 9. Volunteer5 Ashgrove Gospel Hall Trust relies entirely on volunteers to carry okit the management, administraiion and getieral mainteiiance ivork. The Trust has no paid staff or paid Trusiees. Page 14