2024-02-29-accounts

Heswall Maranatha Trust Annual Report 2023 -2024.

Introduction.

Our solicitor continues to be Jonathan Aldersley of Butcher & Barlow.

expenditure, where possible, was made from HSBC, and all income was deposited into Barclaysst June 2023 the HSBC account was closed and all funds with them was transferred to Barclays.

Property.

which expires 01/01/2112.

intending to leave.

Birmingham.

by GSW, GB, and GAW.

by GSW, GB, and GAW.	by GSW, GB, and GAW.	by GSW, GB, and GAW.	by GSW, GB, and GAW.
Year of inspection No of jobs identifed No of new jobs No of jobs comple				ted
2023 (63-monitor25) 38 36 34
2022 25 8 14
2021 33 28 10
2020	74	27	24

work before the next inspection as was the case last year.

responsibility.

decorating work that they were required to complete within 6 months.

Expenditure.

cost of £29,705

£1000;

1. £4220 building of a bin store at Maranatha.

2. £2400 replace front door and panel at 3 Maranatha.

Maranatha giving a total cost of £39,420.

Income.

Over the last year the income from rent has increased by 6.3% (24.1% increase last year).

Tenants.

December 2024.

Trustees.

There number of trustees has reduced to 4 this yeast Octobe r . On 202 3 Neil resigned due to poor health afte1 of loyal service. During this year Graham has been Chairman, Neil has been Treasurer/Auditor u took over this responsibility, and Gordon has been Secretary.

GW 20/3/24

HESWALL MARANATHA TRUST - Statement of accounts 01/03/23 - 29/02/24 .

Expenditure	Last year	This year
Insurance	£ 2,645.80	£ 1,235.70
Expenses	£ 1,149.48	£ 2,386.78
Gifts	£ 5,000.00	£ 4,400.08
Maintenance M	£ 2,100.12	£ 6,259.08
Maintenance B	£ 8,481.00	£ 3,737.66
*Garden M	£ 1,976.00	£ 2,958.00
Total Maintenance	£ 12,557.12	£ 9,996.74
Upgrade M	£ 35,702.08	£ 12,332.00
Upgrade B	£ 20,345.00	£ 26,488.20
Other	£ 1,125.97	£ 826.02
Total Expenditure	£ 78,525.45	£ 57,665.52

Income	Last year	This year
Rents M	£ 19,504.00	£20,988.00
Rent B	£ 33,779.00	£35,685.14
		£ -
Refund dup payment	£ 3,435.00
		£ 203.50
*Contributions 18B&1M	£ 255.77
		£ -
Insurance refunds	£ 1,370.53
Total Income	£ 58,344.30	£56,876.64
*1M last yr only.

1. Checklist The Directions and do¢umèntatlon Step done? Working paper reference Oirection 1: Check whether tho ¢harity1s 01igible to have an independèntexamination Checked the charity audit threshold applying to the accounts to be Teviewed Checked an aud6t is not fe uired for an other reason Confirmed the chari ible for inde endent examination Confirmed the amount of the charity's income to figure shown the accounts (including any branches) and confimied that income and assets are below the audit threshold or, if applicable, obtained a copy of the letter from the Commission rovin an audrt dis ensalion If the charity has one or more subsidiaries confirmed that group accounts are not re uired b law If a charitable company checked that the audit exemption statement has been made If applicable, rechecked the threshold calculation during the examination If the charity's income is more than £250,000 confimed that the examiner is a member of one of the listed bodies If applicable, ir¢foThed the trustees that the charity is nol ible for an inde endent examination If receipt5 and payments accounts have been prepared, checked that the charity's gross income is less than £250,000 and that it is not a com an If receipts and payments accounts have been prepaied, check that there is no requirement to prepare accnjals accounts in the chari overnin document or for an other reason If applicable, infomied the trustees that the charity is not ible to re are re￿1 Is and pa ments accotjnls Diroction 2: Check for any ¢onflict of interest that prevents the examiner from carrying out their indepgndent examination Confirmed that there are no close personal felationships with the trustees that compromise independence Confirmed as having no the day to day involvement in the administration of the chari If providing other services to the charity then confimied that all the criteria in Direction 2 ne￿$Sa for inde endence are met Identified that there are no circumstan￿$ in the examiner's judgment that would reasonably lead to the perception that the examiner is not inde ndent IA IA IA IA IA IA IA

The Directions and do¢umentstion Stsp done? Working paper reference Considered whether sufficiently skilled to cary out the examination and, where required, confimied membership of a listed bod If applicable, infomied the trustees that you are not eligible to car out the inde endent examination Direction 3: Record our indepondent examlnation File of working papers prepared to document the work undertaken (see the Direction for guidan￿ on key working ers Evidence of ap ointment on file If issued, letter of en ement si ned b the tDJstees on file Documentation of ste s required by Direction 1 a￿ all done Documentation that sle s required b Direction 2 are all done Anal ical review documented Areas of concern identified and noted whether these were resolved or if unresolved and significant have included them in the examiner's re ort Verfication and vouching procedures undertaken and any checks made are on file Cop of approved accounts on file Co of trustees, annual report on file Copies of infomiation relied upon as part of the examination are on file If a plicable, copies of written assurances iven Recorded the conclusions drawn as an oulcome of the independent eXaminat￿n that support the examinerfs report are on file Recorded any matters of material signfficance about which a re ort must be made direct to the Commission Recorded whether to exercise discretion and report on relevant matters direct to the Commission Direction 4.. Plan our inde endentexamination Obtained an understanding of the charty's constitution, objectives, organisational structure, the funds managed, ils activities and accountin records and s stems Planned specific examination procedures appropriate lo the circumstances of the chari Reviewed whelheT any areas for improvement were advised to the trustees in the previous year's independent examiner's report {or audit report and management letter) and looked to seerfan action taken Considered the financial risks identified and, where accruals accounts prepared, considered whether the trustees have evideTr￿ that shows that the charity is a going concern Noted any implications for the examinerfs report and for se arate re ortin to the Commission IA IA IA JI4A<" )0 JoJa AC *1)

The Direction8 and documentstion Step done? Working paper reference Dirgction 5: Ch8¢k that accounting record8 are keptto the ulred standard Checked that accounting records have been kept are complete and considered if the have been ke ttothere uired standard Asked the trustees about how they ensure the accounting records are complete If corrections made or records created during the examination. the trustee a roval for Ihese has been so ht and obtained Asked the trustees if they carried out a Trview of the charity's internal financial controls in the ear re orted Noted any implications for the examinels report and for se arate re ortin to the Commission Dlrection 6- Check tha the accounts aro consistent with the accountin rocords Com ared the accounts with the underl accountin Checked some entries from the listing of transactior¢s of income and expenditure to vouchers such as invoices, bank statements, and recei Is. If applicable, confimed that the Irustees have taken the necessary steps to ensure that restricted or endowed funds are correctly reported in the accounts If additional checks were necessary, the evidence was found that showed the accour¢ling record was complete, voucher present, and both su orted the ent in the accounts Direction 7: If tho accounts are prèpared on an accruals basls and one or more related party transactions took place the exarniner must check if thèse were properly disclosed in the notes to the accounts Cheeked that the disclosures required by the SORP have been made and are complete Considered whether there are any implications for the examiner's report and re ortin to the Commission If receipts and payments accounts prepared and a relaled party transaction note was provided, then checked the note for an lications for the examiner's re ort Direction 8: Check the reasonableness of tho signifi¢ant estimates and judgments and accounfjng policie8 U8ed in a¢counting lor the types of fund held and in the preparation of the a¢¢ounts Checked with the trustees that the separate funds of the charity have been correctly accounted for and reported correctly in the accounts Checked the reasonableness of any significant estimates or ud ments that have been made in re ann the accounts AGP,Js 13 records rio IA IA IA IA JA Èsrir

The Directions and documentation Stgp don8? Working paper reference Where accruals account$ are prepared, checked that the accounting policies adopted are consistenl with the SORP and area ro riate to the activitie$ of the chari Where accruals accounts are prepared, checked that the accounts were re ared on a oin con￿rn basis Noted any implications for the examinef s report and for arate reportin to the Commission Diroction 9: Th& examiner must check whothor tho trustees have considered th¢ financlal circumstances of the charity at tho ¢nd of the reporting period and. if the accounts are prepared on an accruals basis, check whothgr the trustees have made an assessment of the charity's position as a going ¢on¢•rn when approving the accounts Asked the trustees whether they expect the charity to be able to settle outstanding invoices. bills and commrtments as and when they fall due IA IA Asked the trustees about the reserves policy and the adequacy of the level of reseTves held Where accruals accounts are prepared. ched(ed that the IfU$tee$' hAvè madè an assessment of going concem and that their assessment is reasonable given the infom7ation available IA Where accruals accounts a￿ prepared, ¢hed(ed that the SORP'S disclosures about going concern have been made Noted any implications for the examiner's report and for separate reporting lo the Commission IA Direction 10: Check tho forrn and content of the accounts Where receipts and payments accounts have been prepared, checked that the eharity can lawfully prepare such accounts, that all the accounting statements are present and that the funds of the charity are correctly identified Where accruals accounts are prepared, ched(ed that they com with the SORP and a licable accountin standard If the charity is a company, checked that the accounts also com with the a licable com ar¢ law re uirements Noted any implications for the examiner's report and for se arale re ortin to the Commission Direction 11.. Identify items frorn the analytical review of the accounts that negd to be followed up for further explanation or evidence Carried out an anal ical review 1111 IA JA

The Directions and documgntstion step done7 Working paper reference Following the analytical review, selected material items in the accounts for furthef ex lanation or su portin evidence If the accounts could be materially misstated, additional checks were undertaken and the examiner is satisfied that the itemlsl identified were satisfactorily explained and correctly included in Ihe accounts Noted any implications for the examiner's reF)Ort and for se 8rate re ortin to the Commission Direction 12: Compare thg trusts¢s' annual report wlth the ac¢ounts Checked that any figure for reserves quoted in the trustees. annual report is not materiall inconsistent with the accounts Compared the l¥ustees' annual report wsth the accounts for any material inconsistency Noted any implicalsons for the examiner's report and for separate reportin to the Commission Direction 13: Write and sign the independgnt examination report Reviewed the conclusions from the inde endent examination Considered whether the examination has identified a matter of con￿rn that should be re orted in the examiner's re ort Checked that the examinef s Teport covers all of the matters required If relying on the work of others in undertaking the independent examination, the examiner is fully satiSf￿d with their work and that work has been full documented ned and dated the examinef's report Reported matters of material significance direct to the Commission Exercised discretion and reported relevant matters direct to the Commission 444 J4 IA )Jc ri4-4r .K(iL4gi Signed.. Dale.. .iuzÈ, ExtmffteT'. ThomLS Rankitt fornierowner & MD of T & J Farn¢ll Ltd.