The Gospel Standard Trust
•
2024
ANNUAL REPORT
OF THE EXECUTIVE COMMITTEE AND UNAUDITED
FINANCIAL STATEMENTS
•
The Gospel Standard Trust
Annual Report
2024
Table of contents
Page
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4 Reference and administrative details
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5 Report of the executive committee
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13 Independent examiner's report 15 Statement of financial activities 17 Balance sheet
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18 Notes to the financial statements
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Other information
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29 Assets held in trust
The following pages are for information only and do not form part of the financial statements
The Gospel Standard Baptist Library Fund
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31 Trustees report
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33 Receipts and payments account
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34 Statement of assets
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35 A selection of books
The Gospel Standard Trust
Reference and administrative details
Company registration no. 00884708 (England). Registered charity no. 249781
Registered office
One Bartholomew Close, London, EC1A 7BL
Executive committee since 1 January 2024 D J Christian (Chairman) M J Hyde (Publications) T J Parish E R C Buss S A Hyde P J Pocock A Crowter M J Lee H Sant
Administrative offices
General matters
D J Playfoot (Secretary), Cavepits House, Marle Place Road, Brenchley, Tonbridge, Kent TN12 7HS. Telephone: 01892 722184, email: gstrust@playfoot.net
Trust Publications
M J Hyde (Publications Manager), Ettrick, 98 The Brow, Brighton, BN26 2AH. Telephone: 07729 307433, email: publications.manager@gospelstandardtrust.org.uk
UK subscriptions
Mrs L J Buss, 10 High Street, Oakington, Cambridgeshire, CB24 3AG. Telephone: 01223 237031, email: lydia@thebusses.co.uk
Subscriptions North America
G L TenBroeke, 1725 Plainwood Drive, Sheboygan, Wisconsin, WI 53081, USA.
Website
General, chapels & trusteeships: www.gospelstandard.org.uk/Assistance/Overview Trust Publications: www.gospelstandard.org.uk/Publications/Home
Bankers
General
National Westminster Bank plc, 20 High Street, Ashford, Kent, TN24 8SH
Trust Publications
Lloyds Bank plc, 18 High Street, Harpenden, Herts AL5 2TA
Solicitors
Broadfield Law UK LLP, One Bartholomew Close, London, EC1A 7BL
Independent examiner
David Hoose, Forvis Mazars LLP, Chartered Accountants Two Chamberlain Square, Birmingham, B3 3AX
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The Gospel Standard Trust
Report of the executive committee
for the year ended 31 December 2024
The executive committee has pleasure in presenting the report and the financial statements for the year ended 31 December 2024 which have been prepared in accordance with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Achievements and performance Review of activities
General
We have been honoured of the Lord to continue for another year to help the churches and trustees in the many matters which have arisen. There is much to discourage but thankfully from time to time we are encouraged. During the year the friends at Southery had the opportunity to purchase the former Methodist chapel in the village and the Trust provided a loan for 90% of the purchase price. This chapel was built in 1991, was in good order and provided excellent facilities and parking. We were represented at the Thanksgiving service on 31 August 2024 when Mr Timothy Parish spoke from 1 Samuel 7:12 “Ebenezer”, such a confirmation to the Southery friends who had earlier been persuaded in their hearts to name the chapel Ebenezer. Through the kindness of the trustees of the Zoar Chapel Reading Charity £60,000 of the loan was repaid in 2025 and it is hoped that proceeds from the eventual sale of the old chapel will repay much of the balance.
In 2024 the Trust received a grant of £58,127 out of the proceeds of sale of Ebenezer Chapel, Luton. During 2024 we were able to help the friends at Tenterden and Bodle Street respectively with grants of £13,600 and £10,000 to assist with the renovation of a chapel house and cesspool and drainage works. A grant of £16,000 was provided to the Gospel Standard Library to help with their purchase of the library land.
The Trustees of the Providence Chapel Croydon Charity decided during the year to close the fund and pay out the remaining grants by 31 December 2024. The chapel was sold in May 2019 and the proceeds available with subsequent interest amounted to £1.07m. Of this sum 61% has been granted to help with chapel improvements and maintenance of facilities including chapel houses, parking and graveyards, 29% for the publication and distribution of Bibles, sermons and other sound literature and the remaining 10% covered provision of living accommodation for ministers, support for the Gospel Standard Library and administration. Included in the beneficiaries was the new charity which purchased the Hope Chapel, Rochdale. We were favoured to attend
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the reopening services on 20 December 2024 and share in the exercises of the trustees for making known to the local area the testimony of God’s grace since the commencement of the cause in 1810. May the Lord bless their witness.
Following the implementation of new provisions in the Charities Act 2022 the procedure for making changes to Trust Deeds changed from 7 March 2024. The procedure now is for trustees to formulate the new provisions they wish to introduce into their Trust Deeds. Where these do not affect certain areas, such as the Objects or use of proceeds, the changes do not need Charity Commission approval. On the aspects for which approval is required the draft resolution can be submitted in advance to the Charity Commission. We have four cases ongoing with the Commission. We are indebted to our solicitors for their help and advice in these matters. As a result legal costs have more than doubled but we expect to recover most of these costs from the proceeds of sale or other trust funds.
Otherwise the usual work of the trust has continued in assisting and advising in a variety of cases. Responsibility continues for the management or holding of the funds dealt with on pages 29 and 30. A Trust representative, either a committee member or the secretary, has attended trustee meetings during the year where the Trust is a trustee.
Trust Publications
We are thankful to the Lord for his continued goodness towards our Publications operations. The work has been maintained, sales have improved (in terms of value) and our financial outlook is more promising.
Over the course of the year our collaboration with Jeremy and Lorna Roe, directors of Christian Bookshop, Ossett (CBO) has become established. From October 2023, CBO took over handling all sales and dispatching of our books. All orders are now routed through the CBO website. Our stock is held at a storage facility in Ossett. This has reduced our overheads, particularly staffing, rental, and storage costs. Our contract with CBO pays them a commission on each sale together with a management fee. We are thankful that in part due to these measures, better interest rates on our investments, higher sales, and several significant gifts received during the year, our operating deficit for 2024 was much reduced at £3,986 (2023, £25,848; 2022, £34,451). The financial situation is complex however. We continued to pay rent on the publications office at Harpenden and services for at least part of 2024. Stock depreciation has fallen considerably over the last two years owing to the disposal of excess stock in 2023. The trustees are satisfied that there has been a real reduction in our operating deficit, but only time will tell how the changes will impact the operating deficit in the longer term. We continue to monitor closely our book production methods for ways of further reducing costs.
During the year we sold 8,545 books (11,177 in 2023, 6,691 in 2022). Although the number of books sold appears significantly lower than 2023 (that year’s sales included
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2,517 sermon booklets by J C Philpot), the income generated from sales was higher (£41,396 in 2024; £39,298 in 2023). The increase in income is largely due to sales of books with higher profit margins on them and increasing the prices of some of our books to represent inflation over the years since they were printed. A significant proportion of our sales continues to come via our brethren at Gospel Mission in North America. The table below provides an analysis of book sales by title with number sold. We are thankful our books continue to be well received.
| old. We are thankful our books continue to be well received. | ||||
|---|---|---|---|---|
| New Books: Adam & Eve & accompanying Sketches book The Lord Opened their Hearts Gospel Almanac Biblical Notes & John Kershaw of Rochdale Gadsby’s Hymns (green pew) Best Sellers: The Miracles Series (all) Bible Doctrines Simply Explained Gadsby’s Hymns (all editions) Sketches colouring books (all) Faithful Footsteps Series (all) Olney – the Home of Amazing Grace Olney Hymns The Church of Acts 2 Marks of the True Church (Matrunola) Life and Letters of William Boorman A Pillar in the Church Gadsby’s Catechism Desires of a Living Soul Other Titles by category: Biographies and history (71 titles) Portion books (6 titles) Sermons (24 titles)(2023 includes the J C Philpot booklets) Other Children’s books (7 titles) Other books (89 titles, including Bibles) Total numbers of books sold |
2024 361 79 64 39 94 2,106 476 177 798 1,292 240 29 54 23 14 57 48 19 714 294 81 307 1,179 8,545 |
2023 - - - - - 1,208 433 276 1,090 1,991 209 126 139 33 53 76 6 71 807 182 2,659 683 1,135 |
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11,177 |
We are progressing in overhauling the way our regional book agents operate. We have continued to hold regular agents’ meetings. All the efforts of our regional agents is acknowledged with gratitude.
During the year our publication projects have been managed by our Publications Manager, Dr Matthew J. Hyde from his home in Brighton. Our accounts are managed by Miss Heidi Playfoot. They are supported by Mr Malcolm Lee who manages the stock records, and the Publications Sub-committee. Dr Skelton kindly continued to assist us during the course of 2024 overseeing the closure of the Harpenden bookroom.
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We would again like to thank him for his significant contribution to the work of publications over the years.
In 2024 we published eight new books (16 in 2023 (including ten of Philpot’s sermons in booklets); six in 2022). These included Adam and Eve in our Faithful Footsteps Series, and its accompanying Sketches colouring book. This series continues to be well received, and Adam and Eve was no exception. The book has raised considerable interest outside Gospel Standard circles and we pray it will be blessed to the good of our young people. We would like to thank Mark Philpot for his work on this book and his continued partnership with us.
The autobiographical writings of Lydia Walker at Brighton, together with material relating to her family, the Banfields, were published as The Lord Opened their Hearts . This has been appreciated and has already been reprinted. A new portion book by J. C. Philpot, The Gospel Almanack, was issued in a format designed with our older readers in mind. It was based on a portion book originally published in 1859 and not reprinted since. We also reprinted Biblical Notes by Edward Carr. These short meditations present deep Biblical insights in a simple manner. We hope they might be a blessing to readers who struggle to cope with longer books. In December, we reissued the autobiography of John Kershaw. This was published to mark the reopening of Hope Chapel, Rochdale, and to make the book available for sale to visitors to the chapel. New illustrations were included in the reprint, along with appendices including some rare sermons preached by Mr Kershaw and the biography of his second wife, Lydia. It has been well received.
Finally, after public consultation we reissued Gadsby’s Hymns in a new pew edition. This is bound in dark green cloth, chosen for durability, with two silk bookmarks, and includes the original contents page and textual index (updated and enlarged from the Line-by-Line Index). We also reprinted the large print hymnbook. Reprinting Gadsby’s Hymns in a leather bound edition at present does not appear a viable option. We have struggled to find a printer that will print on thin enough paper and bind in leather at a reasonable price. After prayerful consideration the trustees came to the conclusion that however precious the hymnbook may be to its users, as leather is no longer the “durable” option chosen for longevity, it is not right to produce a purely decorative binding for a hymnbook and risk appearing to elevate the hymns of man to the level of the Word of God. The small leather bound hymnbook is still available to purchase. The trustees will continue to keep the options under review. We would like to thank all who took part in our consultation on the future of the hymnbook and who provided valuable comments and suggestions.
During the year we received several significant gifts towards our work. These are encouraging, and especially in their timing. We note that they have come from outside our churches showing there are those that appreciate our distinctive witness in places we may not expect.
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We are grateful to Christian Bookshop Ossett for representing us at a number of events over the course of the year, including at the annual meetings of the Gospel Standard Trust, Gospel Standard Society and the annual Christian Values in Education conference.
We need the Lord’s upholding hand in continuing the work of Publications. In a day when many turn aside from the truth, and publishing houses water down the truth in chasing profits, we need the Lord’s keeping grace.
Financial review
The total income amounted to £200,810 (page 15) which compares with £91,291 in 2023. The increase came mainly from share of proceeds from chapel sales and recovery of expenses. Total expenses were £168,004 compared with £124,424 in 2023. Costs relating to grant-making and advisory were considerably higher due to grants having increased by about £27,000 (page 21) and legal costs, relating mainly to advisory matters and chapel sales, increasing by about £25,000 (page 22). The net inflow of funds on page 15 was £32,806 compared with an outflow of £33,133 in 2023. Total reserves at 31 December 2024 stood at £1,297,725 (page 17) compared with £1,264,919 at 31 December 2023. The major part is held in bank deposits.
Reserves policy . The Trust needs reserves to fund the investments in freehold property and the book stock which are used for the Objects of the Trust and to provide working capital. Otherwise the committee, believing that all power is committed unto the Lord Jesus Christ in heaven and in earth, and that our God will supply all our need according to his riches in glory by Christ Jesus, will seek to lay out the remaining funds for the permitted Objects of the Trust as the needs are brought before the committee and opportunity arises. The level of free reserves at 31 December 2024 was £557,551 (2023: £521,001).
Investment policy and performance . A principal purpose is to meet requests from chapels for financial support and therefore the policy regarding investment is partly to retain funds on deposit. There is concern over equity investments and the receipt of shares in profit from unacceptable activities. The investment policy extends to dated quoted bonds and securities, and to equity investments (subject to companies’ compliance with Scriptural principles), and to direct investment in property and precious metals where appropriate to improve income and to provide some inflation protection especially for funds held on permanent endowment. Allocation between categories and terms are subject to periodic reviews according to circumstances.
Plans for the future
If the Lord will, the Trust will continue to produce Christian publications in accordance with the Truth in the Scriptures which we love and in accordance with the Articles of Faith of the Gospel Standard Baptists and distribute within the United Kingdom and overseas for the benefit of our congregations and the church of Christ at large of all ages. The Trust will further seek to use its funds amongst the Gospel
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Standard chapels as opportunity arises for the repair and improvement of buildings and otherwise. The provision of guidance and help to churches and trustees on legal and compliance responsibilities does feature prominently in our activities and this will continue as we are enabled. Brethren, pray for us.
Structure, governance and management
Legal status
The Gospel Standard Trust (“the Trust”) is a company limited by guarantee and not having a share capital which was founded in 1966. Its governing document is its articles of association. The Trust acts as a trust corporation under a certificate granted in 2006 by the Department for Constitutional Affairs (now the Ministry of Justice) and the Trust can therefore act as a sole trustee. It is also a registered charity. The members of the executive committee are the directors for Companies Act purposes and trustees under charity legislation.
Executive committee
The maximum number permitted by the articles of association is 12 and those who have acted as members of the committee during the year are shown on page 4. In accordance with the articles of association only male members of a Gospel Standard Baptist Church who subscribe to the Articles of Faith of the Gospel Standard Strict and Particular Baptists are eligible to hold office as a member of the executive committee. The committee has power to appoint a new committee member but the appointment is subject to confirmation at the following annual general meeting. Three members of the committee retire in rotation at the annual general meeting each year but are eligible for re-election. Messrs Buss, S A Hyde and Lee retire in rotation this year. They have all expressed their willingness to stand for re-election.
Organisational structure
The activities of the Trust are managed by the executive committee which meets at least three times a year. These meetings deal with all aspects of the Trust’s activities. Further meetings are held as necessary to deal with Publications matters. The activities and the funds are divided between General matters and Publications. Online sales are handled by Christian Bookshop at Ossett with Dr Matthew Hyde handling other Publications’ aspects. Subscriptions are dealt with by Mrs Lydia J Buss and by Mr G L TenBroeke who is responsible for those who are resident in North America. Other matters are dealt with by the Trust secretary, whose resignation has been deferred for the time being, and the committee members. May the Lord lay the burden of this work in the heart of one or another with a desire to help the churches in this way.
Remuneration
Remuneration for key management personnel is negotiated with the individuals concerned and is set at the National Living Wage or higher depending on the activities undertaken. Dr Matthew Hyde is remunerated for his services as an author and editor.
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Trustees’ induction and training
New executive committee members (trustees) with the appropriate knowledge, experience and abilities for the Trust’s activities are selected from the male members of Gospel Standard churches as required by article of association number 21. The appointment of a new trustee (executive committee member), who will be provided with an induction pack, will be subject to the prospective trustee attending a mutually satisfactory induction meeting with executive committee members and the secretary. Continuing briefing and support is provided as necessary.
Risk management
The committee regularly considers the major risks to which the Trust is exposed and updates the risk register and the policy for mitigating those risks. A major risk is anything that could have an adverse impact on achieving the Trust’s objects or could bring the Trust into disrepute or is illegal advice or action or could bring financial or property loss. Such risks are addressed either by, if possible, eliminating the risk by ceasing the related activity, or transferring the risk to a third party or by taking action to reduce or control the risk. The two key concerns to the committee are the risks as a chapel trustee and the risks from advice given. The committee’s strategy for managing those risks is to make regular contact with the churches and review their own compliance and wherever possible to ensure that advice given is supported by professional advice or other authority or covered by disclaimer.
Objectives and activities
The objects for which the Trust was established are set out in the objects clauses of its articles of association. Primarily these are to assist Gospel Standard churches and congregations in the furtherance of their religion and charitable work, to assist with the appointment of trustees, legal advice, repairs and maintenance of church property and to support denominational charities and any other charitable trust or fund approved by the executive committee. In the furtherance of these objects the Trust has ancillary powers which include acting as trustee or co-trustee (including as custodian trustee) of denominational property and charitable funds, making grants and loans, assisting pastors (including former and prospective pastors) of Gospel Standard churches in the provision of living accommodation and to print and publish literature approved by the committee.
Public Benefit
The executive committee has considered the public benefit guidance issued by the Charity Commission. The work carried out by the Trust in fulfilling the Objects summarised in the preceding paragraph assists churches and trustees to continue with the regular provision of services for the public worship of God in accordance with the Holy Scriptures and the Articles of Faith of The Gospel Standard Baptists. Further, under the blessing of Almighty God, Father, Son and Holy Spirit, this work together with the publication of good books will bring sinners from darkness to light and establish them in the truth with the consequent benefits to themselves and others. Man’s first responsibility is to God, to worship and to serve Him. Further, as it is
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recorded in New Testament teaching, for example Galatians Chapter 6, the result for the benefit of all should be “Let us not be weary in well doing: for in due season we shall reap, if we faint not. As we have therefore opportunity, let us do good unto all men, especially unto them who are of the household of faith.”
Membership
The recorded membership stood at 239 at 31 December 2024, a decrease of three on the previous year. A warm welcome is extended to the two new members who joined in 2024. Five members passed away. The continuing loyal support of the members and the churches is greatly appreciated. New members will be welcomed and application forms are available on request.
Statement of executive committee responsibilities
Company law requires the executive committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing those financial statements, the executive committee is required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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comply with applicable accounting standards subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The executive committee is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable it to ensure that the financial statements comply with the Companies Act 2006. The financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 relating to small companies. The executive committee is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent examiners
Forvis Mazars LLP were re-appointed at the annual general meeting on 18 May 2024 as independent examiners. The executive committee has continued to take advantage of Section 480 of the Companies Act 2006 which entitles the Trust to be exempted from having an audit.
On behalf of the executive committee D J Playfoot Date: 3 April 2025 Secretary
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Independent Examiner’s Report to the Trustees of The Gospel Standard Trust
I report on the financial statements of the charity for the year ended 31 December 2024, which are set out on pages 15 to 28.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(b) of the 2011 Act.
This report, including my statement, has been prepared for and only for the charity’s trustees as a body. 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 an independent examiner’s 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 examination work, for this report, or for the statements I have made.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:
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accounting records were not kept in respect of The Gospel Standard Trust in accordance with section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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the financial statements have not been prepared in accordance with the methods and principals of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed: D Hoose
David Hoose, Forvis Mazars LLP, Member of the Institute of Chartered Accountants in England and Wales Two Chamberlain Square, Birmingham, B3 3AX
Date: 7 April 2025
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The Gospel Standard Trust
Statement of financial activities
for the year ended 31 December 2024
| Unrestricted Note fund £ Income from 2 25,194 Investments 16,243 Charitable activities Sales of publications 8 41,396 Share in chapel sale proceeds Providence Chapel, Croydon 8,500 Ebenezer Chapel, Luton 58,127 Other 37,867 Total income 187,327 Expenditure Charitable activities Grant-making and advisory 106,966 Cost of publications 61,038 Total expenditure 3 168,004 Transfers between funds 13,098 32,421 904,729 £937,150 Balance brought forward at 1 January 2024 Balance carried forward at 31 December 2024 Subscriptions, legacies chapel collections, etc Net movement in funds for the year |
Unrestricted Note fund £ Income from 2 25,194 Investments 16,243 Charitable activities Sales of publications 8 41,396 Share in chapel sale proceeds Providence Chapel, Croydon 8,500 Ebenezer Chapel, Luton 58,127 Other 37,867 Total income 187,327 Expenditure Charitable activities Grant-making and advisory 106,966 Cost of publications 61,038 Total expenditure 3 168,004 Transfers between funds 13,098 32,421 904,729 £937,150 Balance brought forward at 1 January 2024 Balance carried forward at 31 December 2024 Subscriptions, legacies chapel collections, etc Net movement in funds for the year |
Restricted fund £ 385 - - - |
Endowment fund £ - 13,098 - - |
2024 Total £ 25,579 29,341 41,396 8,500 58,127 37,867 200,810 106,966 61,038 168,004 - 32,806 1,264,919 £1,297,725 |
2023 Total (details see page 16) £ 7,392 22,150 39,298 5,000 - 17,451 |
|---|---|---|---|---|---|
| 187,327 | 385 | 13,098 | 91,291 | ||
| 106,966 61,038 |
- - |
- - |
52,757 71,667 |
||
| 168,004 | - | - | 124,424 | ||
| 13,098 32,421 904,729 |
- 385 68,617 |
(13,098) - 291,573 |
- (33,133) 1,298,052 |
||
| £937,150 | £69,002 | £291,573 | £1,264,919 |
The company’s income and expenses all relate to continuing operations. The company has no recognised gains or losses other than the net movement in funds for the year.
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The Gospel Standard Trust
Statement of financial activities
comparative figures for the year ended 31 December 2023
| Note Income from 2 Investments Charitable activities Sales of publications 8 Share in chapel sale proceeds Providence Chapel, Croydon Other Total income Expenditure Charitable activities Grant-making and advisory Cost of publications Total expenditure 3 Transfers between funds Subscriptions, legacies chapel collections, etc Net movement in funds for the year Balance brought forward at 1 January 2023 Balance carried forward at 31 December 2023 |
Unrestricted fund £ 7,392 13,607 39,298 5,000 17,451 |
Restricted fund £ - - - - - |
Endowment fund £ - 8,543 - - - |
2023 Total £ 7,392 22,150 39,298 5,000 17,451 |
|---|---|---|---|---|
| 82,748 | - | 8,543 | 91,291 | |
| 52,757 71,667 |
- - |
- - |
52,757 71,667 |
|
| 124,424 | - | - | 124,424 | |
| 8,543 (33,133) 937,862 |
- - 68,617 |
(8,543) - 291,573 |
- (33,133) 1,298,052 |
|
| £904,729 | £68,617 | £291,573 | £1,264,919 |
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The Gospel Standard Trust
Balance sheet
as at 31 December 2024
| Note Fixed assets Tangible fixed assets 11 Current assets Stocks 12 Debtors 13 Investments 14 Cash at bank and in hand 15 Creditors:amounts falling due within one year 16 Net current assets Net assets Funds Unrestricted: General 17 General - revaluation reserve 17 Publications Restricted 17 Endowment 17 |
2024 £ 160,678 40,549 506,320 483,326 122,800 1,152,995 15,948 1,137,047 £1,297,725 595,394 122,300 219,456 69,002 291,573 £1,297,725 |
2023 £ 161,356 |
|---|---|---|
| 32,593 333,619 567,100 182,159 |
||
| 1,115,471 11,908 |
||
| 1,103,563 | ||
| £1,264,919 | ||
| 558,987 122,300 223,442 68,617 291,573 |
||
| £1,264,919 |
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006. Members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The executive committee acknowledge their responsibilities for:
(i) ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006, and
(ii) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its surplus for the financial year, in accordance with the requirements of section 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 relating to small companies.
The financial statements were approved by the executive committee and signed on its behalf by:
D J Christian
Date: 3 April 2025
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The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
1 Accounting policies
Basis of accounting
The financial statements have been prepared on a going concern basis in accordance with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (2nd edition effective 1 January 2019). The Gospel Standard Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). Assets held in trust are not included in the balance sheet, but are set out in a separate schedule attached to the financial statements.
Freehold property
This comprises a share in a chapel pastor's house. No depreciation is being provided from 2015 as the property has been revalued and will be revalued each year.
Furniture and office equipment
Depreciation is calculated to write off the cost less estimated residual value of office equipment over three years on a straight line basis.
Stocks
Stocks, which are of publications, are stated at the lower of cost and net realisable value. Cost comprises the direct cost of publications with no addition for overheads. Provision for depreciation has been made in accordance with note 9 in determining net realisable value.
Income
Interest income is accounted for on an accruals basis whilst legacies are accounted for as income either upon receipt or where receipt is probable.
Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
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The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
1 Accounting policies continued
Grants payable
Grants payable are payments made in furtherance of the charitable objectives of the charity. Grants are recognised upon an obligation being created.
Charitable activities
Costs of charitable activities includes grants made and direct costs in relation to publications, and an apportionment of overhead and support costs.
Support costs
Support costs have been allocated as a direct cost or allocated between charitable activities and governance. The analysis of overhead and support costs is shown in note 5.
Governance costs
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to a statutory independent examination together with trustees' expenses and an apportionment of overhead and support costs.
Funds held and their purpose
The General fund is used principally for the support of Gospel Standard chapels by way of grants and loans. The committee considers individually each application for assistance and provides a grant or loan or both depending on circumstances. The Publications fund is used for the publishing and distribution of Christian books. Legacies, donations and proceeds from chapel sales received specifically for either of those two funds are credited accordingly, otherwise such income is allocated under the discretion of the committee. The Endowment fund cannot be spent and the income is to be used for the general purposes of the Trust. The Restricted fund derives principally from chapel sale proceeds which are to be used for repairs and improvements to chapel premises, apart from £385 donated to assist chapels to purchase Gadsby's Hymnals.
19
The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
| 2 Subscriptions, legacies, chapel collections, etc Donations Legacies Subscriptions Chapel collections 3 Expenditure Grants & advisory (see note 4) £ Charitable activities Grant-making and advisory 39,600 Cost of publications - (see note 8) Governance - (see notes 5 & 6) £39,600 During the year 11% of the above United Kingdom. |
General Publications fund fund £ £ 2,178 7,938 8,148 - 7,059 - 256 - £17,641 £7,938 |
Total 2024 £ 10,116 8,148 7,059 256 £25,579 |
Total 2023 £ 1,269 - 5,757 366 |
|---|---|---|---|
| £7,392 | |||
| income (2023: 24%) arose from sources outside the | |||
| Direct Support costs costs (see note 5) £ £ - 57,944 30,170 30,868 4,978 4,444 £35,148 £93,256 |
Total 2024 £ 97,544 61,038 9,422 £168,004 |
Total 2023 £ 45,229 71,667 7,528 |
|
| £124,424 |
20
The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
| Notes to the financial statements or the year ended 31 December 2024 |
||
|---|---|---|
| General Restricted fund fund £ £ 4 Grants(all to institutions except as stated) To assist with books and publications: Gospel Standard Library 16,000 - To assist with chapel repairs and improvements: Bodle Street Baptist Chapel 10,000 - Jireh Chapel House, Tenterden 13,600 - Providence Chapel, Shoreham - - Hanover Chapel, Tunbridge Wells - - Grants paid 39,600 - Grants authorised (all to institutions) but unpaid as at: 31 December 2024 1,200 - 31 December 2023 (1,200) - £39,600 £- Allocation between funds for 2023 General (unrestricted) fund Restricted fund |
Total 2024 £ 16,000 10,000 13,600 - - 39,600 1,200 (1,200) £39,600 |
Total 2023 £ - - - 5,000 6,859 |
| 11,859 (200) 1,200 |
||
| £12,859 | ||
| 12,859 - |
||
| £12,859 |
21
The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
| 5 Support costs Staff costs Charitable activities £ Grant-making & advisory - Cost of publications 18,153 Governance - £18,153 Other costs comprise: Advertising Rent, rates, light, heat and insurance Postage and telephone Stationery and printing Travelling Payments to authors and royalties Legal expenses Office services and sundry Depreciation Committee expenses 6 Governance Independent examiner's fees Legal and professional expenses AGM expenses Committee expenses Office services |
Other costs (see below) £ 57,944 12,715 4,444 £75,103 |
Total 2024 £ 57,944 30,868 4,444 £93,256 2024 £ 263 9,564 1,302 955 101 46 42,038 19,685 678 471 £75,103 2024 £ 2,133 2,305 540 471 3,973 £9,422 |
Total 2023 £ 32,370 42,566 3,915 |
|---|---|---|---|
| £78,851 | |||
| 2023 £ 245 15,547 1,276 2,215 709 169 17,290 17,509 1,078 117 |
|||
| £56,155 | |||
| 2023 £ 2,027 850 736 117 3,798 |
|||
| £7,528 |
22
The Gospel Standard Trust
Notes to the financial statements for the year ended 31 December 2024
7 Employees and executive committee
The total remuneration and benefits received by key management personnel amounted to £16,068 (2023: £19,610). These amounts include £15,600 (2023: £16,107) remuneration and £468 (2023: £468) employer pension contributions in respect of Dr M J Hyde, a member of the executive committee, for his employment as a writer and editor. These arrangements had been previously approved by the Charity Commission. Four members of the committee received reimbursement of expenses (2023: three). The details that follow include amounts relating to trustee activities.
| 2024 | 2023 | |||
|---|---|---|---|---|
| Number | £ | Number | £ | |
| Remuneration & benefits | 1 | 16,068 | 1 | 16,575 |
| Travel expenses | 4 | 471 | 3 | 117 |
23
The Gospel Standard Trust
Notes to the financial statements for the year ended 31 December 2024
| Note 8 Publications fund Sales of publications Less: Direct costs Cost of sales 9 Change in stock depreciation 9 Distribution costs Advertising and commissions Balance after direct costs Less: other costs Support costs 5 Governance Add: Donations, legacies, interest etc Investment income Operating deficit Book subsidy fund, no movements in year Net outgoings on Publications Net movement in year for all funds Publications - as above Results from other funds: General - unrestricted General - restricted Net movement in funds for the year - page 15 |
2024 £ 41,396 20,736 (3,865) 10,527 2,772 30,170 £11,226 30,868 - 30,868 (19,642) 7,990 7,666 (3,986) - £(3,986) (3,986) 36,407 385 £32,806 page 16 |
2023 £ 39,298 |
|---|---|---|
| 55,147 (33,496) 6,702 748 |
||
| 29,101 | ||
| £10,197 | ||
| 42,566 - |
||
| 42,566 | ||
| (32,369) 1,104 5,417 |
||
| (25,848) - |
||
| £(25,848) | ||
| (25,848) (7,285) - |
||
| £(33,133) |
24
The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
| Note 2024 £ 9 Publications fund - cost of publications Stock at 1 January at cost 82,284 Purchases 24,827 107,111 Stock at 31 December at cost (86,375) Cost of sales 8 £20,736 Provision for depreciation of stock 1 January 49,691 31 December 45,826 (Decrease)/Increase 8 £(3,865) 10 Book subsidy fund (within the publications fund, page 24) 31 December £19,522 There were no movements during the year. |
2023 £ 127,435 9,996 |
|---|---|
| 137,431 (82,284) |
|
| £55,147 | |
| 83,187 49,691 |
|
| £(33,496) | |
| £19,522 | |
25
The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
| 11 Tangible fixed assets which are all used for charitable purposes Cost or valuation At 1 January 2024 Additions At 31 December 2024 Depreciation At 1 January 2024 Charge for the year At 31 December 2024 Net book value At 31 December 2023 At 31 December 2024 |
Freehold land and buildings £ 160,000 - £160,000 - - £- £160,000 £160,000 |
Furniture and equipment £ 9,732 - £9,732 8,376 678 £9,054 £1,356 £678 |
Total £ 169,732 - |
|---|---|---|---|
| £169,732 | |||
| 8,376 678 |
|||
| £9,054 | |||
| £161,356 | |||
| £160,678 |
Freehold land and buildings relate to a share in a chapel pastor's house. In accordance with Charities SORP (FRS 102) the Trust's one-third share has been valued by the directors at the estimated net realisable value at 31 December 2024 based on sales of other properties in the area. The estimated value relating to the land is £55,000.
| 12 Stocks Stock at cost Provision for depreciation Goods for resale |
2024 £ 86,375 (45,826) £40,549 |
2023 £ 82,284 (49,691) |
|---|---|---|
| £32,593 |
26
The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
| 13 Debtors Due within one year Trade debtors Other debtors Interest free loans to chapels Interest free loans to Ministers VAT Prepayments Due after more than one year Interest free loans to chapels Interest free loans to Ministers 14 Investments Other Investment accounts 15 Cash at bank and in hand Cash at bank and in hand COIF Fund deposit account 16 Creditors Trade creditors Grants approved Accruals VAT Other creditors |
2024 £ 6,188 45,757 70,200 154,138 - 425 276,708 162,040 67,572 £506,320 £483,326 36,072 86,728 £122,800 4,776 1,200 8,314 1,098 560 £15,948 |
2023 £ 2,630 30,259 15,905 165,138 185 130 |
|---|---|---|
| 214,247 35,000 84,372 |
||
| £333,619 | ||
| £567,100 | ||
| 95,431 86,728 |
||
| £182,159 | ||
| - 1,200 10,307 - 401 |
||
| £11,908 |
27
The Gospel Standard Trust
Notes to the financial statements
for the year ended 31 December 2024
17 Analysis of net assets between funds
| Fixed assets Stock Debtors Investments Cash Creditors |
Unrestricted fund £ 160,678 40,549 506,320 122,751 122,800 (15,948) £937,150 |
Restricted funds £ - - - 69,002 - - £69,002 |
Endowment funds £ - - - 291,573 - - £291,573 |
Total 2024 £ 160,678 40,549 506,320 483,326 122,800 (15,948) |
|---|---|---|---|---|
| £1,297,725 |
Allocation of the Unrestricted fund
| General Revaluation reserve General fund total Publications fund |
595,394 122,300 |
|---|---|
| 717,694 219,456 |
|
| £937,150 |
The balance on the Restricted funds is to be used for repairs and improvements to chapel premises, bar £385 to assist chapels to purchase Gadsby's hymnals.
18 Taxation
The Trust is exempt from corporation tax on its charitable activities only by virtue of Part 11 Corporation Tax Act 2010.
19 Capital commitments
At 31 December 2024 the Trust had authorised capital expenditure of £nil (2023: £nil).
20 Non-adjusting post balance sheet event
The charity has been notified that it is a beneficiary under the Will of Mrs M D Hughes who died on 23 January 2025. No amounts have been included in these accounts in respect of this. The value to be received is currently unknown but is estimated to be more than £800,000.
28
The Gospel Standard Trust
Assets held in trust 31 December 2024
Pages 29 and 30 do not form part of the financial statements
Rent and Balances with Interest Distributions Deposit Takers
1 Bath Chapel charity
| 2024 | 19 | - | 985 |
|---|---|---|---|
| 2023 | 264 | - | 966 |
The chapel is let for £250 per annum. The beneficiary is the Gospel Standard Aid & Poor Relief Society.
2 Mount Zion, Bournemouth
| 2024 | 21,575 | 10,000 | 759,142 |
|---|---|---|---|
| 2023 | 15,978 | 8,900 | 747,567 |
The chapel was sold in 2008 and distributions (which include trustees' expenses) are being made to the church. The balance includes an investment portfolio of £250,000 at cost which, at 31 December 2024 was standing at £270,642.
3 Providence Chapel Croydon Charity
| 2024 | 4,759 | 115,695 | 1,578 |
|---|---|---|---|
| 2023 | 5,039 | 2,600 | 136,163 |
The chapel and chapel house were sold in 2019. Most grants to beneficiaries were being made from the charity's own bank account but in 2024 the balance of funds was transferred to the Trust from which remaining grants of £115,695 were made.
4 Rehoboth Strict Baptist Chapel, Goodshawfold
| 2024 | 3,394 | 1,149 | 73,320 |
|---|---|---|---|
| 2023 | 915 | 932 | 71,075 |
A fund of £70,000 is to be retained to provide the income to maintain the graveyard.
5 Manchester Particular Baptist Charity
| 2024 | 10,744 | 1,024,976 | - |
|---|---|---|---|
| 2023 | 42,443 | - | 1,014,232 |
These funds related to the sale of Rochdale Road Chapel and were held temporarily for the trustees. In 2024 the funds were transferred mainly to the trustees' account with COIF and partly to the church.
29
The Gospel Standard Trust
Assets held in trust 31 December 2024
Pages 29 and 30 do not form part of the financial statements
Rent and Balances with Interest Distributions Deposit Takers
| Rent and Interest |
Distributions | Balances wit Deposit Taker |
||
|---|---|---|---|---|
| **6 ** | Albert | Street Chapel, Oxford | ||
| 2024 | 6,010 | 893 | 34,736 | |
| 2023 | 5,101 | 2,008 | 29,619 |
The chapel is let for £3,500 per annum plus insurance and recoveries of legal costs. Distributions relate to insurance and legal costs.
7 Zion Chapel, Prestwood
| 2024 | 7,004 | 4,948 | 163,485 |
|---|---|---|---|
| 2023 | 3,466 | 8,504 | 161,429 |
The permanent endowment comprises £150,000 from the sale proceeds in 2014 plus an earlier legacy of £8,000. The fund of £158,000 is to provide income for the upkeep of the retained burial ground and surplus income of £3,427 for 2023 was paid to the beneficiary the Gospel Standard Aid & Poor Relief Society.
8 Ebenezer Chapel Luton Charity
| 2024 | 5,945 | 257,297 | 36 |
|---|---|---|---|
| 2023 | 4,608 | 48,017 | 251,388 |
The chapel was sold in 2023 for £300,000 less expenses of sale producing £294,797. Distributions relate to the amounts distributed amongst beneficiary chapels and paid for trustees' legal and other expenses leading up to the sale.
9 The Gospel Standard Library Fund
| 2024 | 3,181 | - | 129,777 |
|---|---|---|---|
| 2023 | 496 | - | 21,596 |
At 31 December 2024 we were holding £126,100 received during 2023 and 2024 for temporary investment with COIF Charities Deposit Fund plus interest received.
10 Other funds
| ther funds | |||
|---|---|---|---|
| 2024 | 713 | 279,743 | 11,554 |
| 2023 | 585 | 3,776 | 12,619 |
These funds were held for the friends at Uckfield and the Ebenezer Chapel Smallfield Charity. During 2024 we received £277,965 net proceeds from the sale of Ramsey Road Chapel, Bristol. After deducting trustees' expenses these proceeds were paid to the beneficiary the Gospel Standard Aid & Poor Relief Society. Otherwise distributions are repayments of funds held with interest allocated.
30
The Gospel Standard Baptist Library Fund
5 Hove Park Gardens, Hove, BN3 6HN
Charity Commission Registered No 247869
Trustees Report for 2024
It has been another busy year for the Library and we would once more acknowledge the Lord's continued goodness to his honour and glory and to the profit and benefit of various people.
New Library Catalogue. Updating the Library catalogue has continued through the year and has taken a lot longer than we anticipated. The main catalogue has now been uploaded except for the volumes of bound tracts and pamphlets (the 'R' book section), the loose pamphlets and the antiquarian books (the Reserved section). We have been very grateful for some additional volunteer assistance in this especially for the careful proofreading of the whole catalogue by Mrs Ruth Parish. The catalogue is now available on the Gospel Standard website for users to browse and search. A newsletter, God willing, will be sent with the Gospel Standard in February and also to those on our mailing list drawing attention to the new system and the changes in the procedure for the loan of books.
The meetings which were held every few weeks are now every 3 months between the four volunteers who work at the Library and the Chairman to discuss practical issues as they arise.
The Library's Collection. 219 new accessions and 23 duplicates were added during the year. A few of these were purchased; some new publications were kindly donated and others have been given although less books were received from personal collections. Sale of surplus books at reasonable prices continues and Geoffrey Main has kindly overseen this work during the year and produced a bi-monthly selection to circulate. The income has helped the Library's financial position and it has been well worth the additional work involved.
Archives. During the year the library has continued to receive records from closed churches (including Hope Chapel, Horsham, and papers from Dartford and Hertford). We have also received for safe keeping the Manchester Church records which are of particular denominational significance. All the Church records in our possession are now scanned for preservation. We are intending to review our archives policy and re-organise our manuscript collection to ensure that they are all available for easy access and hope to draw up a policy to present to the Trustees later in 2025. There have been some preliminary discussions and a visit to the Strict Baptist Historical Society archives at the Evangelical Library.
Scanning . Gordon Dadswell has continued with our ongoing project of scanning rare and fragile resources to help preserve and make them more easily accessible to readers. This includes the unpublished notes of Ralph Chambers continuing his series of histories of Strict Baptist Chapels. The scanner is still working so we intend to keep it while it operates but we are still looking to replace this with a specialist book scanner. The Gospel Standard Trust has kindly agreed to cover the cost.
Newsletters . Only one newsletter has been issued this year. This explained what is involved in computerising the system: some interesting information about Charles Breed, from whose collection a large number of books had come; and a selection of the accessions during the year.
31
The Gospel Standard Baptist Library Fund
5 Hove Park Gardens, Hove, BN3 6HN
Charity Commission Registered No 247869
Trustees Report for 2024 continued
Finances . As reported last year major expenditure was anticipated with the purchase of the land on which the Library stands and an additional strip for its own entrance, should it be needed in the future. Earlier this year at the AGM it was agreed to add an additional piece to the south to allow for any future extension. The agreed value from independent valuations was £105,619 and including professional fees would be around £110,000. This seemed a very large sum for a small charity; however in the Lord's goodness the money has been raised during the year. Through the generosity of trustees of charitable funds and, following the appeal, readers of the Gospel Standard magazine, the princely sum of £107,365.84 was raised including a Gift aid claim in June on some of the donations. We also received a kind legacy of £1,000 from the late Mrs Mary Pont (Tunbridge Wells). We would render thanks to God and for his constraining hand to our liberal supporters.
General running of the Library . During the year the Library has been thankful to the Gospel Standard Bethesda Fund for allowing us to rent a small room in the Brighton Home for storage of books. We are very grateful to David and Miriam Stephens for providing and erecting book shelving for this room. Requests for information on various subjects continue, often related to historical information about chapels or relatives but also providing details for lectures etc. Mr K W Howard's index continues to be an invaluable resource for this and it is hoped that the index will be scanned in due course and made available on line.
We are grateful to 'the Library team' Marion, Gordon, Geoffrey & Matthew for all that they do and pray that the Lord will continue to help in all the concerns and decisions which may be made in the coming year.
Chairman: John H Cottington Date: February 18[th] 2025
The Gospel Standard Baptist Library Fund is governed by Deed of Trust dated 24 May 1949 as amended by the Charity Commission Scheme of 25 November 1971. The trustees for the time being have the power to appoint new trustees who, apart from The Gospel Standard Trust, must be members of a Gospel Standard Church and at least two-thirds of the trustees shall be members of the Committee of The Gospel Standard Aid and Poor Relief Society.
Trustees:
J H Cottington, A J Collins, G W Hyde, M J Hyde, B P Mercer, H Sant, D F Stevens, A F Wilderspin and The Gospel Standard Trust.
32
The Gospel Standard Baptist Library Fund
Receipts and payments account
for the year ended 31 December 2024
| Receipts Library appeal Grants from trusts Donations Gift Aid Receipts on appeal donations Total for appeal Other income Book sales Postage charged on book sales Chapel Collections Legacy Providence Burgess Hill Fund Donations and subscriptions Gift aid receipts Interest received Gross income Payments Book purchases Bookbinding and picture framing Rates and insurance Water, gas & electricity Telephone Postage and carriage Office stationery and sundries Office equipment repairs and renewals Trustees' travel & other expenses Librarians' travel & other expenses Building repairs and renewals Data services Miscellaneous expenses Professional fees Equipment purchases Total payments Surplus for the year Cash balances at 1 January 2024 Cash balances at 31 December 2024 |
2024 £ 77,000 26,770 3,144 106,914 5,515 769 1,923 1,000 - 2,062 451 3,181 121,815 419 324 1,271 2,224 615 853 219 192 256 1,048 - 1,175 236 1,680 - 10,512 111,303 25,523 £136,826 |
2023 £ |
|---|---|---|
| - - - |
||
| - | ||
| 4,021 484 860 - 2,000 2,691 448 517 |
||
| 11,021 | ||
| 456 - 1,156 1,516 532 603 162 201 291 1,053 72 755 750 - 541 |
||
| 8,088 | ||
| 2,933 22,590 |
||
| £25,523 |
33
The Gospel Standard Baptist Library Fund
Statement of assets
As at 31 December 2024
| Assets retained for the Charity's own use Building at cost (1980) Extension at cost (2003) Less: Depreciation to 31 December 2021 Office Equipment HP Desktop Computer (2021) Less: Depreciation to 31 December 2021 Fixed assets at net book value 31 December 2021 |
2024 £ 23,675 24,192 47,867 (36,514) 11,353 700 700 (140) 560 £11,913 |
2023 £ |
|---|---|---|
| 23,675 24,192 |
||
| 47,867 (36,514) |
||
| 11,353 | ||
| 700 | ||
| 700 (140) |
||
| 560 | ||
| £11,913 |
Accounting policy Note: For 2023 the trustees decided to switch to accounting on a receipts and payments basis. The comparative figures for 2022 have therefore been restated on the same basis. Fixed assets have been left at the 2021 book values.
| Cash balances Cash in deposit accounts (GS Trust Cash in hand and at bank |
129,777 7,049 £136,826 |
|
|---|---|---|
| 21,596 3,927 |
||
| £25,523 |
34
Gospel Standard Trust Publications
A SELECTION OF BOOKS
Price excluding postage
| Doctrinal and Devotional | £ | ||
|---|---|---|---|
| Contemplations on the God of Isreal……………………..… | W Huntington | ……… | 8.00 |
| Biblical Notes……………………..……………………….… | E Carr | ……… | 7.00 |
| The Gospel Pointing to the Person of Christ………………… | A Bonar | ……… | 4.75 |
| Magazine Collection (GS, FC & Perception on USB flash drive) | ……… | 45.00 | |
| The Desires of a Living Soul………………………………… | C Jefferys | ……… | 5.00 |
| Servants of the Living God………………………………… | G Chewter | ……… | 11.00 |
| Baptism……………………………………………………… | J Norcott | ……… | 5.75 |
| John Kershaw of Rochdale…………………………………… | J Kershaw | ……… | 9.95 |
| A Pillar in the Church - Sydney F. Paul……………………… | M J Hyde | ……… | 16.95 |
| The Church of Acts 2………………………………………… | M J Hyde | ……… | 5.50 |
| The Doctrines of Grace……………………………………… | K Matrunola | ……… | 4.50 |
| The Gospel Almanack……………………………………… | J C Philpot | ……… | 18.00 |
| The Lord Opened Their Hearts: Lydia Walker……………… | M J Hyde | ……… | 8.00 |
| Gadsby's Hymns (New pew edition, in green cloth)………… | W Gadsby | ……… | 15.00 |
| Gadsby's Catechism………………………………………… | W Gadsby | ……… | 2.50 |
| Glimpses of Grace (daily readings selected by J North)…… | J K Popham | ……… | 18.95 |
| Children and Young People | |||
| David, Shephed, Soldier, King……………………………… | B A Ramsbottom | ……… | 7.50 |
| Adam and Eve, In the Beginning…………………………… | M Philpott | ……… | 7.50 |
| Bible Doctrines Simply Explained | B A Ramsbottom | ……… | 4.00 |
| The King who would not Listen | B A Ramsbottom | ……… | 4.50 |
| Mordecai, the Man with the Secret………………………… | B A Ramsbottom | ……… | 7.50 |
| Joshua, Man of Courage……………………………………… | M Philpott | ……… | 7.50 |
| Bible Birds…………………………………………………… | G Campbell | ……… | 6.00 |
| Miracles of Jesus Series:Miracles, Parables, People Jesus Met, | |||
| Birth of Jesus, Resurrection of Jesus, Crucifixion of Jesus, | |||
| Paul Follower of Jesus, Peter Disciple of Jesus…………..…… | B A Ramsbottom | ……… | 7.50 |
| Sketches - Adam and Eve…………………………………… | M Philpott | ……… | 3.50 |
| Sketches - Joshua…………………………………………… | M Philpott | ……… | 3.50 |
| When God Made the World…………………………..……… | D & N Sayers | ……… | 2.50 |
35
Gospel Standard Trust Publications
| A SELECTION OF BOOKS CONTINUED | Price | ||
|---|---|---|---|
| excluding | postage | ||
| Sketches - David…………………………………………… | M Philpott | ……… | 3.00 |
| Sketches - Mordecai……………………………………………… | M Philpott | ……… | 3.00 |
| History and Biography | |||
| Sing Aloud in Jesus’ Name(Lesser Known Hymnwriters)………… | B A Ramsbottom | ……… | 3.50 |
| Tell it to the Generation Following………………………… | J E Pack | ……… | 6.95 |
| Some Welsh Ministers……………………………………… | J R Broome | ……… | 5.00 |
| Some Scots Worthies………………………………………… | J R Broome | ……… | 4.50 |
| By Faith: The Life and Ministry of John Kemp of Biddenden | ……… | 14.00 | |
| The Life and Ministry of Clement Wood…………………… | ……… | 16.00 | |
| History of the Gospel Standard Magazine…………………… | B A Ramsbottom | ……… | 6.50 |
| William Gadsby……………………………………………… | B A Ramsbottom | ……… | 12.00 |
| With Mercy & With Judgement (Strict Baptists and WW1)…… | M Hyde | ……… | 13.00 |
| The Hidden Pathway(Elsie Dawson)………………………… | G D Buss | ……… | 6.95 |
| Remembered Mercies Recorded……………………………… | George Rose | ……… | 16.00 |
| Forty Years in the Wilderness……………………………… | John Chandler | ……… | 12.00 |
| A Bruised Reed - Anne Steele……………………………… | J R Broome | ……… | 17.50 |
| When God Works (Thomas Bradbury)………………………… | Ed. J Kingham | ……… | 9.50 |
| Servants of the Living God………………………………… | G Chewter | ……… | 11.00 |
| Olney - The Home of Amazing Grace……………………… | G Chewter | ……… | 15.00 |
| Sermons | |||
| Expositions of Holy Scripture…………...………….……… | J C Philpot | ……… | 13.00 |
| William Gadsby……………………………………………… | ……… | 9.95 | |
| John Kershaw………………………………………………… | ……… | 7.95 | |
| John Green…………………………………………………… | ……… | 7.50 | |
| Sermons of a Seceder………………………………………… | William Tiptaft | ……… | 9.00 |
| Ernest Roe, Volumes 1 & 2(both volumes purchased together £28.00) | (per volume)…… | 16.00 |
All obtainable from: Christian Bookshop, 21 Queen Street, Ossett, WF5 8AS; on-line at www.christianbookshopossett.co.uk; Tel: 01924 260502 or from Gospel Standard Trust Publications Book Agents (see Gospel Standard magazine for details). Books collected from Agents are charged at the normal retail prices as listed above, except for a 10% discount on books for Sunday Schools.
36