2023-04-05-accounts - Wyken Gospel Hall Trust

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				Page
Reference	and administrative		Information
Report of	the Trustees			3-6
Report of	the Independent Examiner
Statement	offinancial	activities
Balance sheet
Notes to the financial		statements		10-13

CHARITY NAME:	CHARITY NAME:	Wyken Gospel	Wyken Gospel	Hall Trust	Hall Trust
REGISTERED	CHARITY NUMBER:	515835
TRUSTEES;		Mr L Holmes			(Chair)
		Mr MP Brewer
		Mr R Maiden
		Mr TJenkin
		Mr L Taylor
TREASURER:		Mr L Holmes
PRINCIPAL ADDRESS:		782 Broad Lane
		Coventry
		West Midlands
		CV5 7BA
ACCOUNTANT:		Oldfield Advisory			LLP
		Santis House
		Cunters Close
		Coventry
		CV4 SAW
INDEPENDENT	EXAMINER:	Kerry Matthews
		51 Offchurch	Road
		Cubbington
		Leamington	Spa
		CV32 7NG
BANKERS:		Lloyds Bank
		30 High Street
		Coventry
		CV1 5RA
SOLICITORS:		Ellis-Fermor	5	Negus
		2 Devonshire	Avenue
		Beeston
		Nottlngham
		NG9 1BS

			Unrestricted	Restricted	Total funds	Total funds
			Funds	Funds	2023	2022
		Notes	6	8	8	6
Income and endowments	from;
Donallons snd legsclesi
Donated services		4	25,897		25,897	39,706
Total			25,897		25,897	39,706
Expenditure on:
Charitable activities
Running meeting rooms		5	45,538		45,538	54,396
Other charitable activities		5	459		459	765
Total			45,997		45997	55 161
Net Income/(expenditure)			(20,100)		(20,100)	(15,455)
Gains/(losses) on revaluation	offixed assets
Nst movement in funds			(20,100)		(20,100)	(15 455)
Reconciliation offunds
Total funds bought fonvard			1,421,010		1,421,010	1,436,465
Total funds carried forward		7	1,400910		1 400910	1 421 010


Fixed Assets
Tangible assets					1,400,910	1,421,010
Current Assets
Cash at bank and In hand
Current liabilities
Creditors: amounts		felling		due vdthin one
year:
Accruals and deferred			Income
Net current assets
Total assets less	current			liabilities	1,400,910	1,421,010
Creditors: amounts	felling			due after
more than one year:
Loan
Net assets					1,400,910	1,421,010
Funds
Restricted funds
Unrestricted Income		fund			1,400,910	1,421,010
Total unrestricted	funds				1,400,910	1,421,010


1.	ACCOUNTINO POLICIES
1.1	Seals offinancial statements
	The gnandal statements lieve been prepared In accordance tiilh the Statement of Recommended Practice: Accounbng end Reporbng by Charities prepenng their accounts In accords neo tiith the Flnandel Reporting Standard eppllcab!e In the UK end Repubgc of Ireland (FRS 102)lmuad on 10 dirty 2014,end lncorporabng update bugebns I and 2, and Ihe Flnendal Reporgng Standard applicable In Iho United Iong dom and Republic of Ireland (FRS 102)end UK Gene re 0y Accepted Accounbng Pramtca.
	The functional cunencv ofthe chanty is stergnq (2).
	The Trust stasis Ihe definition ofe puMlc benefit enbty under FRS 102.Amets and I ebbitlas ere lnitlegy recognised tran as dion value unless olhenrise stated In the relevant eccountlrtg pegcy note(s)	et historical cost or
	Income
	Donagons sre recognised In Ihe yea In spick Ihere Is enbtlemenl end probabgity of receipt end the amount can be measured			vrilh
	ressonablo cerialnty Incomo Is only deferred vhen the chanly has to fulal conditions before becoming enblled to it orvttere spsdfled that Ihe Income la lo be expended tn e Iul reyear Ggt std Is added lo the value ofthe donet on to nhlch 0 relates			the donor	has
	Donated seirices ere recognised as Income end expenditure in the f n and el statements vhen org ant as gona or Indivkf us le offer their senices end support pro bono The value ofthese donated services to Wyken Gospel Hell Trust la considered lo be equal lo market value ehlch vxmld be paid imre the serves formegy propped This indudss senrices pakl for by other trusts.
	Donated assets are recognised es other Income In the period in st Ich the assets vera donated The value ofthese assets		Is considered
	to be equal to their macket value
	Investment Income Isaccounted for on s recelvab!e baste.
1.3	Expenditure
	Expendture is Induded on en eccmals basta LlaMhbes are reoognlssd es soon as Ihare ls e legal or construcgve che ity to pai' oui rasoulces	obllgagon		comnitbng	the
	Chsnleble ectVgss comprise those costs d reedy agributeblo to the fulalmsnt ofIhe charitable ob)eds
1.4	Governance and support costs
	Support costs have been egocated belvsen governance costs end other support costs. Governance coals comprise eg costs involving the public eccountebggyof lie charily end costs related to stelutory requlrements Governance end support costs ere ellootted to cheritaMe acbvltles on the basis ofcepadly used
1.5	Tsnglblegxed assets anddspreclagon
	Tango'e fixsd assets (cosgng more than L100)sre elated et cost (or deemed coal) less accumulated depredagon depred sled. Depredsbon Is provided et rates calculated to vmle offthe cost, less estimated residual value, ofeach useful life ss (ogoi,s'	Freehold fend Is not asset over gs expemed
	Freehold bugdlngs 2R straight hne
1.6	TexaUon
	The Trust Isa registered charily end fa not liable to Ur 'ted Kingdom income or corporabon texan chanleb'e acbvttlas, provided iilthln ths charitable exemptions and ls spent on charitable Fucposss.			income	fags
1.7	Funds
	The general unrestricted fund Isfree for the Trustees lo use for any purposes in furtherance ofthe trust's chargeMe	ob)arne
	Restricted funds arise from don shone to the trust, iihlch ere made for a spsdfic purpose. Resbtded funds can only (or vririch funds tiers given	be used for Ihe purpose
1.8	Preparagon ofconsogdeted financial statements
	The Charity does nol have s trad rO subsidiary snd there Is no requirement to prepare consolidated accounts
1.0	Going concern
	The Trustees consider Ihat there are no material uncertelnges about the chanty'e ebgity to congnus ss e going concern
1.10	SlgnMcant estimates and)udgemonts
	The trustees do not consider that Ihore are any sources ofestimation uncertainly et ths reporgng dele that have a significant risk ofcausing a matsrfel adjustment lo the carrving anxmnts ofassets end liablktles iiitMn the next reporting penod
	TRUSTEES' REMUNERATION AND EXPEIISES
	No Trustees received eny rmnuneratkm or other benefits from an emtrioyiient ugh the charity and no Trustees vers exoenses. f2022. Nonel.	reimbursed for
	WAGES AND SALARIES
	Tfere ere no emp'oyees (2022 none).

Currertt veer	Currertt veer	Currertt veer
				Unrestdcted			Restricted	Total
				funds			funds	funds
					6		6	6
Tang lb!e fixed assets					1,400,910			1,400,910
Current assets
Cun ant fiebihbas
Noncurrent		fiebgides
Total funds					I 400910			1400910
Prior veer
				Unrestricted			Restricted	Total
				funds			funds	furtde
					6		6	E
Tenglb'e fixed assets					1,421,010			1,421,010
Current assets
Cun ant fiabibbes
Non-current		geb0 ties
Total funds					I 421 010			I 421 010
MOVEMENT		IN FUNDS
Current veer
								Reegsedl
			Fund balance				Resources	unreagsed	gttns	Fund balance
			At 08Aprg 2022 6	incoming	resources 6		expended 6	and losses t		At 05 AprD 2023
Restricted	funds
Unrsstrlrxed		funds	1 421 010			25 897	46 997			1 400 910
Total fund»			I 421 010			25897	45 997			I 400910
Prior veer
								ReaDsedl
			Fund balance				Resources	unmag sad	gains	Fund balance
			At 06 Aprg 2021	Incoming	rr	sources	expanded	and fosses		At 05Aprg 2022
			6		L			6		6
Resnlcted	funds
Unrasmrxad		furids	I 436465			39706	65 161			I 421 010
Total funds			I 438465			39706	65 181			I 421 010

	OR THE YEA	R ENDED PRI	L 2 2
		Unrestricted	Designated	Restricted	Total funds
		Funds	Funds	Funds	2022
		6	6	6	f
Income and endowments	from:
Donations snd legaclesr
Donated services		39,706			39,706
Total		39,706			39,706
Expenditure on:
Charitable setlvltles
Running meeting rooms		54,396			54,396
Other charitable activities		765			765
Total		55 161			55 161
Net Income/(expenditure)		(15,455)			(15,455)
Gains/(losses) on revaluation	offixed assets
Net movement ln funds		(15,455)			(15,455)
Reconciliation offunds
Total funds bought fonvard		1,436,465			1,436,465
Total funds carried forward		1 421 010			1 421,010