Charity number: 280104
LANGLEY CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

LANGLEY CHARrrABLE TRUST
CONTENrs
Page
R•lornnco •nd admlnl•tr•dv• d•t•lh of th• Ch4rlty. its Tru•ta•• •nd *dvl8•r•
Trust••J' r•port
Tru8ts0•' r•spon8lbllbtI￿ statsmont
Indopend•nl exomlnerf8 rgport
Statement of financlal actlvftle•
Balance 8h¢et
Notes to tho financial statements
9-17

LANGLEY CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARIry. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Tru8te•$
Sylvia Gilmour
John Gilmoui
Charlty rog18terod
number
280104
Princlpal offlce
Whealmoor Farm
301 Tamworth Road
Sutton ColdfKgld
B75 6JP
Accountsnt•
Crowe U.K. LLP
Chartered Accountsnls
Black Country House
Rounds Gr8en Road
Oldbury
Wesl Midlands
B69 2DG
8ank•rn
Sven$ka Handelsbanken AB
Ground Floor, Suite Billerscote Hou88
Bonehill road, Tamworth B78 3Q
Sollcltorn
Somerfield & Co
26a Bird Street
Lichfield
Slafford8hirg
WS13 SPR
Page 1

LANGLEY CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Tfuslees present Ihgir annual report together with the financial stslemenls of thg Charity for the year 1
January 2023 to 31 De￿mber 2023.
ObJ•ctl¥es and ftctlvltles
. Pollcl•8 and obJe¢tivo8
The prlncipal activity of the tru81 is to advance the gospel of Jesus Christ and Chrislianily and the general weffare
of humanity in ils creation, nurturing and development of Christk4n outreach In varied dimensions. Thè trust does
not support projects that do not directly benefit or help people.
In setting objoclwes and planning for aclivilies, the Trustees have given due consideration lo general guidancè
published by the Charity Commission relating to public benefit. including the guidgnce 'Public benefit.. running a
charity IP821'.
b. Grant4naklng pollcl
The trustegs meet on a regulgr ba818 to review requests for gran18 and to considgr projects under development.
¢. Corrn8pondgn¢o for grnnt •ppllc4tlon•
The tru51e8s only repty where they require furth8r infomalion. No telephone calls or cor￿spOndence will b8
enlored into concerning any proposed or declined applications.
All eorrespondonee Should b6 addre88ed to.. The Tru$lee8. Whoalmoor Farm, 301 Tamworth Rogd, Sutton
Coldfield, We81 Midlonds, B75 6JP.
Achl•v•m•nts and yrfornan¢*
Rovl•w of actlvltl08
The ¥lalemenl of financial activits'8s 18 8hown on p8ge 7.
Grant making in the year lolalled £99,21012022'. £1,616,297> which mainly indudg$ £60,000 to Betèl UK.
The net surplus of funds for the year was £67,574 {2022.. £1,647,977 1088) induding 0 £121,$84 gain on
revaluation of investments {2022'. £285,115 loss}.
Page 2

LANGLEY CHARrrABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Financlal revlew
a. Going concgm
After making appropriate enquirw. the Trustees have a reasonable exFectstKJn that the Charity has adequate
resources to continue in operats.onal existence for the foreseeable ftjture. For this reason, they Continue lo adopt
the going concem basis in preparing the financ￿ statements. Furthèr details regarding the adoption of the going
concern basis can be found in the accounting FOl￿re$.
b. Re8grva• poll¢y
The trustees have accumulate(I reserves with a view to providing ongoing finaneral 8UPP)rt lo new projects gs
well as providing one off grants. The tnjstees have eutrentPy adopted a polw to accumulate re8erv&s as part of a
longer l&nn vision foi a pioject which will require signfficant caprtal investmenl.
Current free reserves (not cumenl a8$9ts) are £1.875,725 {2022.' £1.195.056).
Structurgl go¥•rnanc• and m*nag•m•nt
a. Con•tltutlon
The Langley Charitable Trust ts an unincorporated tody whl¢h wa$ eslablishad a8 a grant making INSI on 24
January 1980 and registe￿d as a charity on 19 March 1980.
The ¢harity was e$tablished under a trust deed that e&tstAished the oblects and power3 of the trust. Mi J P
Gilmour and Mrs S S Gilmour have hekl office as Irusl8es since the creab'on of the trust lo dale and havg
complete discretion ov&r the use of ch•nty'8 fund8 afKI con8Kler allocation of grants and applicalon of funds
for charitable purposes on a iegular basi$.
b. Mèthod• of appolntm•nt or •ledlon of Tru8te¥•
The management of the Charity is the ￿$￿OnSIbI1ty of tha Tru8tses who ar* elect¥d and cwpted undar thè
lem$ of the Trust deed.
c. OryanI84tlonal •tNcturn and docl8lon4naklng Olcl
The chanty is managed by the trust￿.
d. Flnanclal rf*k manag•m•nt
The trustees believe that the charity is not exFosgd to S￿n￿Ka￿l extemal risk. Intemal risk8 are minimised by the
implementation of procedures for authorisation of all transactions and proiects and lo ensure consistent quality of
delivery for all operational aspects of the charity. These proCedu￿S are periodicalty reviewed lo ensure that they
still meet the needs of the charrty.
Page 3

LANGLEY CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Plans forfuturg pèrfods
The trust continues to support a number of initiatives and proje¢ls in line with the charity's principal objective of
Christian outreach lo benefit and help people. The Iruslees are continuing to follow Adventure Plus and NAYC in
their purposes . The trustees are prayerfully considering the diTection that thè Lord would have them tske in
deciding upon further Pfojects lo support.
Approved by order of the membgTS of the board of Trustees and signed on their behalf by:
Syfvla Gllmour
Date. Iql 10 la*
Page 4

LANGLEY CHARITABLE TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
rhe Trustees are responsible for preparing the Trustees. report and the financial statements in accordance with
applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Aceounling
Praclicel.
The law applicable lo charities in England & Wales requires the Trustees lo prepare financial statements for
each financial which give a true and fair view of the slal8 of affairs of th8 Charity and of its incoming resources
and application of resources, including ils income and expenditufe, for that pwiod. In preparing Ihe¥e financtal
slalemenls, the Trustees are rèquired lo..
solect suitable a￿oUnting policies and then apply them consistently,.
observe the m8lhods and principles of the Ch8rilie8 SORP IFRS 1021.,
make judgments and accounting eslimales that are reason8bl8 and prudent.,
Stale whether applicable UK Accountrng Standards IFRS 1021 have been followed, subje¢t lo any material
departures disclosed and explained in the financial statements..
prépare the financial slalemenls on the going ￿n¢￿rn basis unless h 18 inappropriate to pre8ume that the
Charity will continue in business.
The Trustees are rgsponsiblg for k¢eping adequate 8¢counling records that are sufficient lo show and explain
the Charit18 transactions and disclose with reasonable accuracy al any lim8 the financial position of the Charity
and enable them to ensure that the financial slalemenls comply with the Charities Act 2011, the Chartty
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed, They are also r88ponsible for
safeguarding the assets of thè Charity and hen¢e for18king reasonable slaps for the prevention and detection of
fraud and other irregularities.
Apploved by order of the mambers of the board of Trusle8s and $igned on its behalf by..
Sylvla Gllmour
Dalg. lQl16 IJ*
Page 5

LANGLEY CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Independent •xaminerf8 report to the Trustoes of Langley Charitable Trust I'tht Charlty'l
Teport to the tharity Trustees on my examination of the accounts of the Charity for the year ended 31
December 2023.
R8spon81bllltlo8 ond ba81$ of report
As the TTUStees of the Charity you are responsible for the preparation of the accotJnt$ in accordance with the
requirèments of the Charities Act 2011 Ilh& 2011 Acti.
I report in respect of my examination of the Charity's account$ Carr￿ed out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Direolions given by the Charity Commission under
section 1451511bl of th8 2011 Act.
Thè Charity should be subj8et lo audrt urbder the Chariti89 Act 2011 but, the Charity has bean gTanted an audit
dispensation by thè Charity Commission, dated 29 June 2023, under Regulation 3413llbl of the Charitiès
(Accounts and Reports) Regulations 2008, and the Charity 18 entitled to an independent examination.
Indepondont examlnorfs Btatomont
Your attention 18 drawn Ic the fad that the Charity ha8 prepared the a￿Ounts in acwrdance wrth Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo Gharilies preparing Ihoir accounts in
accordance with the Financial Reporting Standard applicable in the UK and Rgpublic of Irgland IFRS 1021 in
preference to the A¢￿UntIng and Reporting by Chari118s'. Statement of Re¢ommendod Pr8clice i$su8d on 1 Aprll
2005 which is rgferred lo in the 6Xtant regulallons but ha8 been withdrawn.
l understsnd that th18 h88 been done in order for the a￿ount8 lo provide a Ifue and fair view in accordance with
the Ggnerally Accepted Accounting Practice 8ffeGliv$ for roporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have coma lo my ottenlion in connection wrth the
examination giving me cause to believe that in any maleiial respect..
1. accounting records were not kopt in respect of the Charity as required by section 130 of the 2011 A¢t', or
2. the accounts do not accord with those words,. or
3. the accounts do not cornply with the applicable requirements Gon¢eming th8 fom and ¢ontenl of ac¢ounlg Sel
out in the Charili¢s {Accounls and Reports) Regulations 2008 other than any rgquirèment that the 8ccounls give
a Irue and fair, view which 18 not a matter considered as part of an independent examination.
I h8ve no ¢oncerns and have come a¢ro88 no other matters in connection with the examination lo which
attention shoukl be drawn in this report in order to enablg a proper undorslanding of the accounts to be reached.
This report is madè solely lo the Charitys Trustees, as a l)ody, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stste to the Charity's
Trustees those matters l am required to slate to them in an Independent examiner's report and for no other
purpose. To the fullest 8Xtenl pemitted by law, I do not 8ccepl or assume responsibility to anyone other than the
Charity and the Charitys Trusloes as a body. foi my work or for this TePQrt.
Signed..
Halen Blundell LLB FCA FCIE DChA
Crowe U.K. LLP
Chartered Accountsnls
Black County House
Rounds Green Road
Oldbury
West Midlands
B89 2DG
Dated.. 22 October 2024
Page 6

LANGLEY CHARrrABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrlcted
funds
2023
Total
funds
2023
Tolal
funds
2022
Note
Incomfy from:
Donations and legacies
Investments
250.320
30,405
69,981
69.981
Totol Incomè
69,981
69,981
280, 725
Expenditure on:
Raising funds
Charitable activities
17,324
106,667
17.324
106.667
18.811
7,624, 776
Total oxpenditurg
123.991
123.991
1.643,587
Net expenditure before not gainsl(losses) on
investments
Net gainslllossesl on investments
154.010)
121,584
{54,010} (1,362,862)
121,584
(285, 115)
Net Movement in funds
67.574
67,574
(1,647.977)
Rocon¢lllation of fund8:
Totsl funds brought forward
Nel movement in funds
4,035,056
67,574
4,035.056
67.574
5,683,033
(1,647,977)
Totsl funds carried forward
4.102,630
4.102,630
4.035,056
The Slalemenl of Financial Aclivrties includes all gains and losses recognised in the year.
The notes on pages g to 17 fonn part of these financial slatemenls.
Page 7

LANGLEY CHAR￿ABLE TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Fix•d as88ts
Investments
Social investrnenls
1.632.531
694.374
2. 122,904
71 T,096
10
2,226,905
2,840,000
Curr•nt a880ts
Debtors
Cash at bank and in hand
11
10,249
1.868.950
3,314
1,195,042
1.879.199
1, 198.356
Creditors.. amounts falling due wthin ono
year
12
13N74)
(3,300J
Not curronl a8¥0ts
1,87S,725
1,195,056
Total not 18#•ts
4.102.630
4,035,056
Charlty fund•
Unrestricted funds
4,102,630
4,035,056
Total tund8
4102,630
4,035,056
The financsal statements were approved and authorlsed for i85ug by thg Trustees and signed on their behalf by..
Sylvla Gllmour
Date. Iilio Ilkl
Thg notes on page5 9 to 17 fomi part of these financial Statem￿ts.
Page 8

LANGLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Gongral Informatlon
Langley Charitable Trust is a charitable trust registered in England and Wales. The address of its
registered office is Whealmoor Fann, 301 Tamworth Road. Sutton Coldfield, B75 6JP. which is also the
address of ils principal place of business. The principal activity of the trust is supporting organisation8
which are aligned with the Trust's objectives.
A¢¢ounttng pollcle•
2.1 8a81$ of pr8parntlon of Ilnanelal •t•tom•nts
The financi81 slatsmenls have begn prepared in accordance with the Chariti63 SORP IFRS 1021
Accounting ond Reporting by Charities.. Statement of Recommended Practice applicable lo charitie8
preparing their accounts in 8ccord8nce with the Financial Reporting Stsndard applicable in the UK
and Republic of Ireland IFRS 1021 (gffeclive 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charitie$ Act 2011.
The financial stslem8nts h8ve beèn prepared lo give a 'true and fairf view and have departed from
the Charities IAccounl8 and Reports) Regulations 2008 only lo the extent required to provid8 a 'lrue
and fail view. This departure has involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Rocommended
Practice èffective from 1 April 2005 which has sinc8 been withdrawn.
Langkryy Charitsble Trust meg18 the deflnilion of 8 publlc benafit en￿ty under FRS 102. Assets and
liabilities are initially recognised al historical cost or transaction valug unless olhorwise stated in the
relevant accounting policy.
2.2 Incom•
All income is recognised once th8 Charity ha8 enlrtlemenl lo the incoma, it 1$ probable that thè
income will be received and the amount of income reco1vab￿ can bo measured roliably.
In¢ome tax recoverable in relalion lo Investment Income 1$ recognised at the time the investment
income is rgceivable.
2.3 Expondlturo
Expenditure is recognised once there is 8 legal or constructive obligation to tTansfer economic benefit
lo a third party, it is probable that a transfer of economie benefits will be required in settlgmenl and
the amount of th& obligation can be mea$ur9d reliably. Expenditure is classified by activity. The costs
of each activity are made up of the lolal of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs allributable lo a singl8 activity a￿ allocated dirgctly
to that activity. Shared costs which ￿ntrIbUte to more than one activity and support costs which are
not attributable to a single activity are apportioned be￿een th08e activities on a b8815 consistent with
the use of resources.
Support Costs are those costs incurred directty in support of expenditure on the objects of the charity
Govemance costs are those incurred in connection with administration of the charity and compliance
with conslttutional and 8talulory requirements.
Expenditure on raising funds includes all expenditure incurred by th8 Charity to raise funds for its
charitablé purposes and includas costs of all fundraising ath"vilies events and non-charitable trading.
Page 9

LANGLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollclos (contlnuod)
2.3 Exponditurn Icontlnuod)
Expénditure on ¢haritsblg acliviti8s is incurred on directly undertaking the activities which further th8
Charitys objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered Subjeel to conditions which have not been mel at the year end are noted as a
commitment. but not accrued #s expenditure.
All exp8nditur8 is inclusive of iirecov8rable VAT.
2.4 Int•ro8t rne•lv•blo
Inl$resl on funds held on dgposit 18 included when receivable and the amount can be measured
reli8bly by the Charity,. this is normally upon nolfficalion of the interest paid or payable by the
institution with whom the fund6 are depo#iled.
2.5 Invgstmont•
Fixéd asset invgslments arg a fomi of financial in$trument and are initially recognised al their
transaction co$1 and subsequently measured at fair value at the Balance sheet date, unless the value
cannot be measurèd feli8bly in which case il is mg08ured at cost less impaiment. Investment gains
and losse8. whgther reali8gd or unreali$ed, are combined and pre8enled as 'GainsllLtssse81 on
Investments. in the Ststemenl of financial acts'vTtie8.
2.6 Programm• relatod InvMtm•nt8
Programme related inve8trmenls held as fixed a88ets fepresenl long term loans and advance8.
sometimes on lems that arg interest free, to assist in the acquisition and dévelopment of property
and projects for charitable purposes by third partie$.
The loans 8re initially measured at fair value, being the amount adv8nc6d, and subsequenty
measurod at amortised cost Using the effeclivfj interest rate method, loss impairment.
2.7 Debtorn
Trade and olh$r debtors are recognised at the settlement amount after any trade diseount offergd.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.8 Ca•h at bank and In hand
Cash at bank and in hand includes cash and short-tem highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or simitar account.
Page 10

LANGLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng poll¢lo8 (contlnuod)
2.9 Liablllties and provlslon8
Liabilities ar8 reeognised when there is an obligation al the Balanee sheet date as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated relthly.
Liabilities are recognised at the amount that the Charity antscipat8S it wiil pay to Séttle the debt or the
amount il has received as athanc*d payments for the gcKMls or servus Il musl provide.
Provisrons are measured at the best estimate of th8 amounts required to settie the obligation. Where
the effect of the lime value of money ig material, the provision 15 based on th8 p￿Sent value of those
amounts. discounted al the pre-tsx dis￿Unt ralo that reflects the risks specific lo the liability. The
unwinding of the discount 18 recognised in Ihe Stalemenl of financ￿1 activiti.es as a finanGe c08t.
2.10 Fln•nclAI In•trum•nts
The Charity onty has ffinanc¢al assets and financial liabilitbgs of a kind that qualfy a8 basic financi81
instruments. Basic financial instruments are initially recognised al transadion value and sub$8quenlly
measured at their settlement valug with the exception of bank loans whth are sub8equently
measured al amortised c081 using the effectwe interest method.
2.11 Fund ae¢ountlng
General funds are unTe8tri¢ted furKls which are availabl8 for u8e at the di$cretK>n of the Trustee$ in
further8nce of the general oty'ectives of the Chanty and which have not been dg3ign8led for other
purposes.
Income from donatlon8 and l•gacl8•
Unre8trtct
funds
2023
Total
funds
2023
Donation$
un￿$t￿cted
funds
2022
Tot?1
funds
2022
Donations
250,320
250,320
Page 11

LANGLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Invèstmont in¢omo
Unro$tricted
funds
2023
Total
funds
2023
Rental income
Loan interest on programme related investrnents
Bank interest
876
34,934
34,171
876
34.934
34.171
69,981
69.981
Unrestilcted
funds
2022
Total
funds
2022
Rental income
Loan interest on programme related investrnenls
Bank interest
238
238
23,308
6.859
23,308
6,859
30,405
30,405
Page 12

LANGLEf CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees. remuneration and •xpon8es
During the year, no Trustees received any remuneration or other benefits (2022- £NILJ.
During the year ended 31 December 2023, no Trustee expenses have been incurred (2022- £NIL).
The trust does not have any em￿YeeS and therefore there 15 no one eaming more than £60,000 per
annum.
Tangible fixed assets
Office
equipment
Cost or valuation
Al l January 2023
1,075
At 31 December 2023
1,075
Depreciation
Al l January 2023
1.075
Al 31 December 2023
1,075
Net book value
At 31 December 2023
At 31 December 2022
The land and buildings have been gffted during the prev￿)US year.
Pa9e 15

LANGLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Fixed assgt in¥6stment6
Unlisted
investments
Cost or valuatlon
At 1 January 2023
Disposals
Revaluations
2.122,904
1611,9571
121.S84
Al 31 December 2023
1,632.531
10. Sooial investments
Programmo
rolated
invè8tm&nts
Total
Cost or valuation
Al 1 January 2023
Repayments
717,096
1122,7221
717,096
(122, 722)
At 31 December 2023
594,374
594,374
In 2019 the loans lo NAYC were ren￿Ollated to amalgamate the iwo existing loans into one loan with an
interest rate of 2.85Vo above base repayable in monthly instalments. A temporary loan repayment holiday
was agreed for part of 2020. In accordance with the terms of the loan agreement the interest accrued
durin9 the repayment holiday can be capitalised and was therefore added to the loan. This deferrrnenl
was added onlo the final completion date. The loan is now repayable by 2 October 2027.
11. Debtors
2023
2022
Due withln one year
Accfued income
10,249
3,314
Page 16

LANGLEY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
12. Crodltors.. Amounts falllng duo withln ono year
2023
2022
Accruals
3,474
3,300
13.
Rglat•d party tran8aCtionb
The Charity has not entered into any related paty Iran$aclion during the year, nor are there any
outstanding balan¢es owing betwgen related parties and the Charity 8131 December 2023.
Page17