## **Charity Registration No. 229886**
## **ST CHRISTOPHER’S HALL TRUST**
## **UNAUDITED ACCOUNTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **ST CHRISTOPHER’S HALL TRUST**
## **CONTENTS**
__________________________________________________________________________________________
||Page|
|---|---|
|Report of the Trustees|1 - 3|
|Independent Examiner’s Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7 – 11|
## **ST CHRISTOPHER’S HALL TRUST**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2024**
____________________________________________________________________________________________
The Trustees present their report with the financial statements of the charity for the year ended 30 September 2024. The Trustees have adopted the provisions of the Charities SORP (FRS102) (issued in October 2019).
St Christopher’s Hall Trust was formed by Trust Deed on 22 November 1957. It obtained charitable status on 31 March 1959 and is registered as charity number 229886.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number** 229886
**Principal Address** St Christopher’s Hall Trust Admaston House Community Centre Wellington Road Admaston Shropshire TF5 0BN **Trustees** R West P Watkins D Williams D Croker R Denyer
**Independent Examiner** Louise Hallsworth FCA Baxter & Co Lynwood House Orpington BR6 8QE **Solicitors** Andrews Ritson LLP Progress House Churchill Court Faraday Drive Bridgnorth WV15 5BA
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a Deed of Trust, and constitutes an unincorporated charity.
## **Appointment of New Trustees**
The Trustees have the power to appoint new Trustees using their absolute and uncontrolled discretion as they think fit.
## **Induction and Training of New Trustees**
Trustees’ induction and training are determined by the existing Trustees.
## **Risk Management**
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
1
## **ST CHRISTOPHER’S HALL TRUST**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2024**
____________________________________________________________________________________________
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Trust’s principal activity is to use its assets and income for such charitable purposes and objects as the Trustees in their absolute and uncontrolled discretion think fit and are undertaken for the purposes of public benefit. The object of the Charity is to make available the land and building for various community activities and to make grants to various organisations.
The Trustees have referred to, where necessary, the guidance issued by the Charity Commission on public benefit when reviewing the aims and objectives of St Christopher’s Hall Trust and in planning future activities.
## **Activities**
During the year, the Trust employed Mrs S Johnson, Mrs R Watkins and Mrs K Jones.
They organised and coordinated Christian mission activities and community events in Admaston which have given a chance to the community to improve their quality of life and meet the local needs of children and adults. Between them they have run “Pushchair People”, St Christopher’s Café, Toddler Café, Alpha Groups, Admaston Fun Week, Messy Church, Open the Book, Children’s Clubs, and a Youth Cafe.
They have involved a good number of volunteers in their activities and some other activities have been run purely by volunteers. These included Men’s Group, Ladies Group, “Emmaus Fellowship” and some adhoc activities.
The Trust’s investments increased about 10% over the year. However, the income dropped a further 5% and remains below 2019 levels. Current expectation is for a partial recovery in 2024/25.
The Trustees have continued a service contract with Mr R West for administration. During the year, Mr R West received £2,500 in accord with the contract. He remains voluntary in all other capacities. The five Trustees have been pleased to continue and are from a range of local churches.
The Trustees have been satisfied with the financial performance of the investments relative to benchmarks. These enable the work. They are also very pleased with the community engagement with the trust’s activities, the quality of the staff input, the high energy of volunteers and the spiritual advance during the year. We give thanks to the Lord and all involved.
## **FINANCIAL REVIEW**
## **Reserves Policy**
At 30 September 2024, the Trust has unrestricted reserves of £1,331,847 (2023: £1,235,697). The reserves are invested to provide income for expenditure in future years.
## **Principal funding sources**
The Trust’s main source of income is generated from its current asset investment. The majority of the income is applied to paying for mission expenses and wages and salaries.
## **Investments**
Charles Stanley & Company Limited has been appointed by the Trustees to manage the investment portfolio of the Trust.
2
## **FUTURE PLANS**
The aim of the Trust is to continue to make funds available for charitable purposes and to finance mission activities.
## **REVIEW OF ACTIVITIES AND RESULTS**
Financial results for the year are set out in the Statement of Financial Activities on page 5 and the position at the end of the year is shown in the Balance Sheet on page 6.
During the year, there was net income of £96,150 (2023: net income of £40,586).
## **ON BEHALF OF THE BOARD**
…………………………………………..
R West
> Date: 20 May 2025
3
## **ST CHRISTOPHER’S HALL TRUST**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ST CHRISTOPHER’S HALL TRUST**
____________________________________________________________________________________________
I report to the Trustees on my examination of the financial statements of St Christopher’s Hall Trust for the year ended 30 September 2024 which comprise the Statement of Financial Activities, the Balance Sheet and related notes, as set out on pages 5 to 11.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
## **Responsibilities and basis of report**
As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the financial statements present a “true and fair” view and my report is limited to those specific matters asset out in the independent examiner’s statement.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- The financial statements do not accord with those records; or
- The financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a “true and fair view” which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Louise Hallsworth FCA Baxter & Co Lynwood House Orpington BR6 8QE
Date: `28 May 2025`
4
## **ST CHRISTOPHER’S HALL TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
**FOR THE YEAR ENDED 30 SEPTEMBER 2024**
|__|_______________________________________
Notes
**Incoming Resources**
2
Income and endowments from:
Donations and legacies
Charitable activities
Investments
**Total**
**Resources Expended**
Expenditure on:
3
Charitable activities
Other expenditure
**Total Resources Expended**
**Net income / (expenditure) before**
**investment gains / (losses)**
**Net**
**gains**
**/**
**(losses)**
**on**
**investments**
4
**Net (deficit) / income**
7
Fund balances at 1 October 2023
**Fund balances at 30 September 2024**|______________
Unrestricted
Funds
£
-
6,694
39,799|_______________
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-|___________________
Total
2024
£
-
6,694
39,799
46,493
50,163
10,186
60,349
(13,856)
110,006
96,150
1,235,697
1,331,847|____
Total
2023
£
1,500
4,782
41,663|
|---|---|---|---|---|---|
|||46,493|||47,945|
|||50,163
10,186|||48,642
9,905|
|||60,349|||58,547|
|||(13,856)
110,006|||(10,602)
51,188|
|||96,150
1,235,697|||40,586
1,195,111|
|||1,331,847|||1,235,697|
5
## **ST CHRISTOPHER’S HALL TRUST**
## **BALANCE SHEET**
## **AS AT 30 SEPTEMBER 2024**
**_____________________________________________________________________________________________**
|**Notes**
**Fixed Assets**
Tangible Assets
8
**Current Assets**
Debtors
9
Investments
10
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
11
**Net current assets**
**Total assets less current liabilities**
**Income Funds**
Unrestricted Funds
Restricted Funds
12
12|**£**
705
1,092,240
51,516|**2024**
**£**
190,727
1,141,120
1,331,847
1,331,847
-
1,331,847|**£**
679
992,949
52,787
1,046,415
3,187|**2023**
**£**
192,469
1,043,228|
|---|---|---|---|---|
||1,144,461
3,341||||
||||||
|||||1,235,697|
|||||1,235,697
-|
|||||1,235,697|
The accounts were approved by the Trustees on
## 20 May 2025
……………………………………………. R West
……………………………………………. P Watkins
## David Williams
…………………………………………….
D Williams
7
## **ST CHRISTOPHER’S HALL TRUST**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2024**
**___________________________________________________________________________________________**
## **1 Accounting Policies**
## **1.1 Basis of Preparation**
The accounts have been prepared under the historical cost convention, with investments included at fair value.
The accounts have been prepared in accordance with applicable accounting standards, the Charities SORP (FRS 102), issued in October 2019 and the Charities Act 2011.
## **1.2 Incoming Resources**
Donations, legacies and other forms of voluntary income are recognised as incoming resources when receivable, except insofar as they are incapable of financial measurement.
Income received in relation to the charity’s activities is shown on an accruals basis.
## **1.3 Resources Expended**
Resources expended including irrecoverable VAT are accounted for on an accruals basis.
## **1.4 Tangible Fixed Assets and Depreciation**
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Long leasehold Over the term of the lease Fixtures and fittings 25% on reducing balance
## **1.5 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.
## **1.6 Investments**
Current asset investments are stated at fair value at the balance sheet date.
## **1.7 Fund Accounting**
Funds held by the charity are either:
Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
Designated funds – these are funds set aside by the Trustees out of unrestricted funds for specific future purposes or projects.
Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity.
## **1.8 Taxation**
St Christopher’s Hall Trust is a registered charity and is not subject to corporation tax on its charitable activities.
## **1.9 Grants Receivable** Income from government and other grants income is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
7
## **ST CHRISTOPHER’S HALL TRUST**
## **NOTES TO THE ACCOUNTS - continued**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2024**
**___________________________________________________________________________________________**
|**2**
**Analysis of Income**
**Charitable activities**
**Donations and legacies**
Grant for Schools & Youth Work
**Charitable Activities**
Mission income
Café income
**Investment income**
Dividends received
Interest receivable
**Total income**
**3**
**Total Resources Expended**
**Charitable activities**
Mission activity
Schools & Youth Work
Grants payable
**Other expenditure**
Cost of investment management
Accountancy and Independent
examination fees
Sundry expenses|Unrestricted
Funds
£
-
4,726
1,968
6,694
39,240
559
39,799
46,493
Unrestricted
Funds
£
37,901
11,562
700
8,338
1,848
-
60,349|Restricted
Funds
£
-
-
-
-
-
-
-
-
Restricted
Funds
£
**-**
-
-
-
-
-
-|Total
2024
£
-
4,726
1,968
6,694
39,240
559
39,799
46,493
Total
2024
£
37,901
11,562
700
8,338
1,848
-
60,349||Total
2023
£
1,500
3,205
1,577|
|---|---|---|---|---|---|
||||||4,782|
||||||41,411
252|
||||||41,663|
|||||||
||||||47,945|
||||||Total
2023
£
35,412
11,230
2,000
8,195
1,710
-
58,547|
The grants payable were in support of Telford Christians.
Other expenditure includes the Independent Examiner’s fee of £1,416 (2023: £1,350).
8
## **ST CHRISTOPHER’S HALL TRUST**
## **NOTES TO THE ACCOUNTS - continued**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2024**
**___________________________________________________________________________________________**
## **4 Net gains on investments**
|Profit on disposal
(Loss) / Gain on revaluation|Unrestricted
Funds
£
(7,654)
117,660
110,006|Restricted
Funds
£
-
-
-|Total
2024
£
(7,654)
117,660
110,006|Total
2023
£
56,549
(5,361)
51,188|
|---|---|---|---|---|
## **5a Trustees**
No Trustee received remuneration for their work as a Trustee.
No Trustee claimed expenses for their work as a Trustee.
## **5b Related parties**
There were no related party transactions in the year.
## **6 Employees**
## **Number of Employees**
The average monthly number of employees during the year was:
|Mission activity
Schools & Youth worker
**Employment Costs**
Salaries
Pension costs|2024
Number
2
1
3
2024
£
28,630
2,696
31,326|2023
Number
2
1|
|---|---|---|
|||3|
|||2023
£
27,461
3,024|
|||30,485|
No employee received total employee benefits exceeding £60,000 during the year.
## **7 Changes in resources available for charity use**
|Net movement in funds for the year
**Net movement in funds available for future activities**|2024
£
96,150
96,150|2023
£
40,586|
|---|---|---|
|||40,586|
9
## **ST CHRISTOPHER’S HALL TRUST**
## **NOTES TO THE ACCOUNTS - continued**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2024**
**___________________________________________________________________________________________**
|**8**
**Tangible Fixed Assets**
**Cost**
At 1 October 2023 and at 30 September 2024
**Depreciation**
**At 1 October 2023**
Charge for year
**At 30 September 2024**
**Net Book Value**
At 30 September 2024
At 30 September 2023
**9**
**Debtors**
Prepayments
**10**
**Current Asset Investments**
Listed investments at market value
**11**
**Creditors: amounts falling due within one year**
Taxation and social security
Other creditors|Long
Leasehold
£
213,259
20,819
1,735
22,554
190,705
192,440|Fixtures and
Fittings
£
2,663
2,634
7
2,641
22
29
2024
£
705
705
2024
£
1,092,240
2024
£
-
3,341
3,341|Total
£
215,922|
|---|---|---|---|
||||23,453
1,742|
||||25,195|
||||190,727|
||||192,469|
||||2023
£
679|
||||679|
||||2023
£
992,949|
||||2023
£
**-**
3,187|
||||3,187|
10
## **ST CHRISTOPHER’S HALL TRUST**
## **NOTES TO THE ACCOUNTS - continued**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2024**
## **12 Funds**
The income funds of the charity include unrestricted funds comprising the following unexpended balances of donations & grants held on trust for the general purposes of the charity. They also include restricted funds comprising the following unexpended balances of donations and grants held for the specified restricted purposes.
|**Unrestricted funds**
General Purpose
Refurbishment of
Admaston House
**Restricted funds**
Schools & Youth Worker
**Total Funds**
**Unrestricted funds**
General Purpose
**Total Funds**|**30-Sep**
**2023**
**30-Sep**
**2024**
**Income**
**Expenditure**
**Transfers**
£
£
£
£
£
1,235,697
156,499
(60,349)
-
**1,331,847**
-
-
-
-
**-**|
|---|---|
||**1,235,697**
**156,499**
**(60,349)**
**-**
**1,331,847**|
||-
-
-
-
-|
||**1,235,697 **
**156,499**
**(60,349)**
**-**
**1,331,847**|
||**Fixed**
**assets**
**Current**
**assets**
**Creditors**
**Total**
**£**
**£**
**£**
**£**
190,727
1,144,461
(3,341)
**1,331,847**|
||**190,727**
**1,144,461**
**(3,341)**
**1,331,847**|
11