WYKEN GOSPEL HALL TRUST
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 05 APRIL 2025
Oldfield Advisory LLP 1120 Elliott Court Herald Avenue Coventry CV5 6UB
WYKEN GOSPEL HALL TRUST REPORT AND FINANCIAL STATEMENTS CONTENTS
| Page | |
|---|---|
| Reference and administrative information | 2 |
| Report ofthe Trustees | 3-6 |
| Independent examiner's report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notestothefinancialstatements | 10-13 |
Page 1
| WYKEN GOSPEL HALL TRUST | WYKEN GOSPEL HALL TRUST | |
|---|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION | ||
| YEAR ENDED 05 APRIL 2025 | ||
| CHARITY NAME: | Wyken Gospel Hall Trust | |
| REGISTERED CHARITY NUMBER: | 515835 | |
| TRUSTEES: | Mr L Holmes (Chair) | |
| Mr MP Brewer | ||
| Mr R Maiden | ||
| MrT Jenkin | ||
| Mr L Taylor | ||
| TREASURER: | Mr L Holmes | |
| PRINCIPALADDRESS: | 782 Broad Lane | |
| Coventry | ||
| West Midlands | ||
| CV5 7BA | ||
| ACCOUNTANT: | Oldfield Advisory LLP | |
| 1120 Elliott Court | ||
| Herald Avenue | ||
| Coventry | ||
| CV5 6UB | ||
| INDEPENDENT | EXAMINER: | Ashlyn James |
| 21 The Crescent | ||
| Farnborough | ||
| GU14 7AR | ||
| BANKER: | Lloyds Bank | |
| 30 High Street | ||
| Coventry | ||
| CV1 5RA | ||
| SOLICITORS: | Ellis-Fermor& Negus | |
| 2 Devonshire Avenue | ||
| Beeston | ||
| Nottingham | ||
| NG91BS |
Page 2
WYKEN GOSPEL HALL TRUST REPORT OF THE TRUSTEES
YEAR ENDED 05 APRIL 2025
The Trustees present their report along with the financial statements of the Charity for the year ended 05 April 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 10 and comply with the Trust Deed and applicable law.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is an unincorporated trust constituted by a Deed of Trust dated 28 June 1982, most recently amended by Deed of Variation dated 9 January 2015. The trust was registered with the Charity Commission for England and Wales on 14 December 1984 under Charity Registration Number: 515835
Recruitment and appointment of new trustees
The Trustees who have served during the year and since the year end are set out on page 2. None of the Trustees, nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 05 April 2025 (2024: Enil). The Trust operates 6 Gospel halls and Trustees are chosen from among the regular conaranatinn of the halls. New Trustees are nominated by the existing Trustees or by the congregation and must be appointed by unanimous resolution of the congregation. They are selected according to their skills and experience and are expected to use both in furthering the objects of the Charity. Checks are made to ensure the Trustees' eligibility to act and incoming Trustees are made aware of their responsibilities by the existing Trustees, who ensure that new Trustees read the Trust Deed and relevant Charity Commission guidance.
Wider network
The Trustees maintain informal links with similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. The Charity also maintains particular links with Coventry Gospel Hall Trust, with which it shares members of its congregation.
Risk management
The Trustees have identified and reviewed the major risks to which the charity is exposed and confirm that they have established systems to manage and mitigate those risks.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the service of God in accordance with the Old and New Testaments of the Holy Bible as followed by ‘those Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Church (the “Brethren”) and any other charitable purposes connected with Brethren. The core doctrine of the Brethren and proper practices in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed.
Public benefit
The Trustees confirm that they have complied with their duty under section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance to charities on public benefit.
Plans for future periods
Expenses are generally stable and the Trustees feel that there is nothing significantly impacting on the ability of the charity to continue as a going concern. Forthcoming commitments of the Charity are to provide and maintain the gospel halls that it owns.
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REPORT OF THE TRUSTEES YEAR ENDED 05 APRIL 2025
WYKEN GOSPEL HALL TRUST
Main activities and achievements
The Trust provided and maintained six Gospel halls where religious meetings were held by the local Brethren community. Details of the origins, teachings and way of life of the Brethren can be found on the website - www.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed.
No significant fundraising activities have been carried out by the Charity during the financial year. The Charity relies on generous support of an affiliated Charity (Coventry Gospel Hall Trust) to provide sufficient funding to cover expenditure.
Meetings
Meetings held at the Gospel halls include the Lord's Supper (Communion), Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, between 30 and 150 people normally attend these occasions.
The meetings are attended by the regular congregation and most are open to other properly disposed visitors. The notice board outside the Hall welcomes visitors and displays the times of Gospel preachings, along with a telephone number for those seeking further information or help. Gospel tracts, which were distributed by street preachers, also displayed this information.
Bibles and an extensive range of other Christian reading material are on display at the halls and visitors are free to help themselves.
Spreading the Gospel message and the life of a Christian
The Gospel halls are a base from which the regular congregation and others who attend the meetings are encouraged to spread the Christian Gospel, in word and deed.
Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers to be handed out to interested members of the public.
In addition to street preaching, members of the congregation have contact with prison chaplains to provide Gospel tracts and Bibles as required. The Trust also operates a programme of providing regular packs of nutritious food and Gospel literature to homeless and needy persons through local charities or homeless societies.
In carrying out this work, the congregation considers itself to be living out its faith in practice, as particularly exemplified in the following extract from the schedule to the Trust Deed on living a Christian life:
-
We seek and are encouraged to live exemplary lives in all our relationships with others in the wider community (including former Brethren), in accordance with the teachings of Holy Scripture (1 Tim 2:2).
-
We regularly go out from our homes to preach on the streets, to distribute Christian literature and engage with the wider community (including former Brethren) in order to present eternal salvation, available to all men by faith in Jesus Christ. (2 Tim 4:2).
-
We seek as members of the public to lead Christian lives as husbands and wives, parents, children, employers, employees and neighbours. (Col 3:22-25, Col 4:1).
-
The preservation and protection of the family unit is fundamental and children are prized as a blessing from God. (Psalm 127:3-5). The elderly are valued members of the community, for whom both their family and the wider community are expected to care.
-
Holy Scripture commands us to be good neighbours to others, and deal with all other people (including former Brethren) openly, honestly and fairly and consistent with these principles, we should give our time, talents and money to assist those in need in the wider community, in so far as reasonable given our abilities and our available resources. (Matt 7:12, Matt 22:39, Eph 4:28).
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WYKEN GOSPEL HALL TRUST
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REPORT OF THE TRUSTEES YEAR ENDED 05 APRIL 2025
Funding
Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donations. sometimes received from other charitable trusts with complementary objectives.
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Funding is
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FINANCIAL REVIEW
Financial position
In the year ended 5 April 2025, the Trust had a deficit of incoming resources over resources expended due to nonmonetary items such as depreciation. Total voluntary income received this year was £26,346 compared to £28,443 in the previous year.
All funds held were unrestricted funds.
Reserves policy
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs, based on its size and the level of its financial commitments. The Charity has no employees and its regular outgoings are not large. At the direction of the Congregation, the Charity’s running costs are recharged to Coventry Gospel Hail Trust and a letter of support is held confirming the arrangement. Accordingly, the trustees believe that the Charity requires no free reserves. The Trustees are of the opinion that in the unlikely event of a temporary shortfall in financial assistance from Coventry Gospel Hall Trust, any needs could be met by a funds appeal
Free reserves ai the year end were £nil (2024: Enil).
Total Charity funds held were £1,360,710
Page 5
WYKEN GOSPEL HALL TRUST REPORT OF THE TRUSTEES YEAR ENDED 05 APRIL 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed require the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing those financial statements, the Trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
~ make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. All transactions have been reviewed and approved by two Trustees.
On behalf of the board: i Ay ___2efor]oo2b Mr MP Brewer (Trustee) Date
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cd390ef8-4c91-4c43-a02d-7330247e6cbb (2550x3507)
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE WYKEN GOSPEL HALL TRUST FOR YEAR ENDED 05 APRIL 2025
;
eee | report to the Trustees on my examination of the accounts of the Wyken Gospel Hall Trust for the year ended 05 April 2025
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER , The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’), | report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of 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 accounts present a ‘true and fair view' and the report is limited to those matters set out in the statements below. :
INDEPENDENT EXAMINER'S STATEMENT
| have completed the examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1, Accounting records were not kept in respect of the Trust as required by section 130 of the Act, or
-
The accounts do not accord with those records; or
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The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination,
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ashlyn James 21 The Cresent Farnborough GU14 7AR
\
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WYKEN GOSPEL HALL TRUST
| STATEMENT | STATEMENT | OF FINANCIAL ACTIVITIES | OF FINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|---|---|---|
| FOR | THE YEAR ENDED 05 APRIL 2025 | ||||||
| Unrestricted | Designated | Restricted | Totalfunds | Total funds | |||
| Funds | Funds | Funds | 2025 | 2024 | |||
| Notes | £ | £ | £ | £ | £ | ||
| Income and endowments from: | |||||||
| Donations and legacies: | |||||||
| Donated services | 4 | 26,346 | - | - | 26,346 | 28,443 | |
| Total | 26,346 | ~ | - | 26,346 | 28,443 | ||
| Expenditure on: | |||||||
| Charitable activities | |||||||
| Running meeting rooms | is | 45,872 | - | - | 45,872 | 48,058 | |
| Other Charitable Activities | 5 | 574 | - | - | 574 | 485 | |
| Total | 46,446 | - | - | 46,446 | 48,543 | ||
| Net income/(expenditure) | (20,100) | - | - | (20,100) | (20,100) | ||
| Gains/(losses) on revaluation offixed | assets | - | - | - | - | - | |
| Netmovement in funds | (20,100) | - | - | (20,100) | (20,100) | ||
| Reconciliation of funds | |||||||
| Total funds boughtforward | 7 | 1,380,810 | - | - | 1,380,810 | 1,400,910 | |
| Totalfundscarriedforward | 1,360,710 | - | - | 1,360,710 | 1,380,810 |
The notes on pages 10 to 13 form part of these financial statements. All of the above activities are classed as continuing and there are no gains and losses other than those included above.
Page 8
WYKEN GOSPEL HALL TRUST BALANCE SHEET AS AT 05 APRIL 2025
| Notes | 2025 | 2024 | |||||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||
| Fixed Assets | |||||||
| Tangible assets | 6 | 4,360,710 | 1,380,810 | ||||
| Current Assets | |||||||
| Cash at bank and in hand | - | - | |||||
| Current liabilities | |||||||
| Creditors: amounts falling due within one | |||||||
| year: | |||||||
| Accruals and deferred income | - | - | |||||
| Net current assets | - | - | |||||
| Total assets less current liabilities | 1,360,710 | 1,380,810 | |||||
| Creditors: amounts falling due after more | |||||||
| than one year: | |||||||
| Loan | - | : | |||||
| Net assets | 1,360,710 | 1,380,810 | |||||
| Funds | |||||||
| Restricted funds | = | E | |||||
| Unrestricted income fund | 1,360,710 | 1,380,810 | |||||
| Totalunrestrictedfunds | v | 1,360,710 | 1,380,810 |
The unaugited financial statements were approved and authorised for issue by the Trustees of Wyken Gospel Hall Trust on we were signed on its behalf by Mr MP Brewer (Trustee)
The notes on pages 10 to 13 form part of these financial statements
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|WYKEN|GOSPEL|HALL TRUST|
|NOTES|FORMING|PART OF THE|FINANCIAL STATEMENTS|
|FOR|THE YEAR|ENDED|05 APRIL|2025|
|4.|ACCOUNTING|POLICIES|
|1.1|Basis|of|financial|statements|
|The|financial|statements|have|been|prepared|in|accordance|with|the|Statement|of|Recommended|Practice:|Accounting|and|Reporting|by|
|Charities|preparing|their accounts|in|accordance|with|the|Financial|Reporting|Standard|applicable|in|the|UK and|Republic|of|Ireland|(FRS|
|402)|issued|on|16|July|2014,|and|incorporating|update|bulletins|1|and|2,|and|the|Financial|Reporting|Standard|applicable|in|the|United|
|Kingdom|and|Republic|of|Ireland|(FRS|102)|and|UK|Generally Accepted|Accounting|Practice.|
|The|functional|currency of|the|charity|is|Sterling|(£).|
|The|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).|
|1.2|Income|
|Donations|are|recognised|in|the|year|in|which|there|is|entitlement|and|probability|of|receipt|and|{he|amount|can|be|measured|with|reasonable|
|certainty.|Income|is|only|deferred|when|the|charity has|to|fulfil|conditions|before|becoming|entitled|to|it|or where|the|donor|has|specified|that|
|the|income|is|to|be expended|in|a|future|year.|Gift|aid|is|added|to|the|value|of the|donation|to|which|it|relates.|
|Donated|services|are|recognised|as|income|and|expenditure|in|the|financial|statements when|organisations|or|individuals|offer|their|services|
|and|support|pro|bono.|The|value|of these donated|services|to Wyken|Gospel|Hall|Trust|is|considered|to be|equal|to|market|value|which|
|would|be|paid|were|the|service|formally|procured.|This|includes|services|paid|for by|other trusts.|
|Investment|income|is|accounted|for on|a|receivable|basis.|
|13|Expenditure|
|Expenditure|is|included|on|an|accruals|basis.|Liabilities|are|recognised|as|soon|as|there|is a legal|or|constructive|obligation committing|the|
|charity|to|pay|out|resources.|
|Charitable|activities|comprise|those|costs|directly|attributable|to|the|fulfilment|of|the|charitable|objects.|
|1.4|Governance and|support|costs|
|Support|costs|have|been|allocated|between|governance|costs|and|other|support|costs.|Governance|costs|comprise|all|costs|invelving|the|
|public|accountability|of|the|charity|and|costs|related|to|statutory|requirements.|Governance|and|support|costs|are|allocated|to charitable|
|activities|on|the|basis|of capacity|used.|
|1.5|Tangible|fixed|assets|and|depreciation|
|Tangible|fixed|assets|(costing|more|than|£100)|are|stated|at|cost|less|depreciation,|Freehold|land|is|not|depreciated,|Depreciation|is|
|provided|at|rates|calculated|to|wrile|off|the|cost,|less|estimated|residual|value,|of|each|asset|over|its|expected|useful|life|as|follows:|
|Freehold|buildings|2%|straight|line|
|1.6|Taxation|
|The|Trust|is|a|registered|charity|and|is|not|liable to|United|Kingdom|income|or|corporation|tax on|charitable|activities,|provided|income|falls|
|within|the|charitable|exemptions|and|is|spent|on|charitable|purposes.|
|1.7|Funds|
|The|general|unrestricted|fund|is|free|for the|Trustees|to use|for|any|purposes|in|furtherance|of the trust's|charitable|objects,|
|Restricted|funds|arise from|donations|to|the|Trust,|which|are|made|for a|specific|purpose.|Restricted|funds|can|only|be|used|for|the|purpose|
|for which|funds|were|given.|
|1.8|Preparation|of consolidated|financial|statements|
|The|Charity does|not|have a|trading|subsidiary and|there|is|no|requirement|to|prepare|consolidated|accounts.|
|1.92|Going|concern|
|The|Trustees|consider that there|are|no|material|uncertainties|about|the|charity's|ability|to|continue|as|a|going|concern.|
|Ze|TRUSTEES'|REMUNERATION|AND|EXPENSES|
|No|Trustees|received|any|remuneration|or other|benefits|from|an|employment|with|the|charity|and no Trustees were|reimbursed|for|
|expenses.|(2024:|None).|
|3.|WAGES AND|SALARIES|
|There|are|no employees|(2024:|none).|
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| WYKEN GOSPEL HALL TRUST | WYKEN GOSPEL HALL TRUST | WYKEN GOSPEL HALL TRUST | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NOTES FORMING PART OF THE FINANCIALSTATEMENTS | ||||||||||||||
| FORTHE YEAR | ENDED 05APRIL2025 | |||||||||||||
| 4. | DONATED SERVICES | |||||||||||||
| Received from: | Year ended | Yearended | ||||||||||||
| 05 April2025 | 2025 | 05 April | 2024 | |||||||||||
| = | E | |||||||||||||
| CoventryGospel Hall Trust | 26,346 | 28.443 | ||||||||||||
| 5. | RESOURCES EXPENDED | Meeting rooms £ |
Othercharitable activities £ |
Yearended 05 April 2025 £ |
Yearended 05April2024 & |
|||||||||
| Direct costs | ||||||||||||||
| Premises Costs: Light, heat and | water | 8,569 | - | 8,569 | 11,324 | |||||||||
| Premises Costs: Repairs and maintenance | 13,929 | - | 13,929 | 13,221 | ||||||||||
| Insurance Telephone and broadband costs |
2,176 1,098 |
: - |
2,176 1,098 |
3,149 264 |
||||||||||
| Public outreach work | : | 574 | 674 | 485 | ||||||||||
| Depreciation | 20,100 | . | 20,100 | 20,100 | ||||||||||
| 45,872 | 574 | 46.446 | 48,543 | |||||||||||
| Governance costs include £nil (2024: £nil) in | respect of independent examiner's fees. | |||||||||||||
| 6 | TANGIBLE FIXED ASSETS | |||||||||||||
| Freehold land | & | Freehold | land & | Freehold | land & | Freehold | land & | |||||||
| buildings - | buildings - | buildings | - | buildings | - | Mount | ||||||||
| BinleyWoods | Whoberley | Cheylesmore | Nod | |||||||||||
| £ | £ | £ | £ | |||||||||||
| Cost | ||||||||||||||
| At 06 April 2024 Additions Disposals |
242,593 - - |
160,000 - - |
175,000 - - |
225,000 - - |
||||||||||
| At 05 April 2025 | 242,593 | 150,000 | 475,000 | 225,000 | ||||||||||
| Depreciation | ||||||||||||||
| At 06 April 2024 | 77,633 | 7,000 | 8,050 | 10,500 | ||||||||||
| Charge for the year | 3,200 | 2,000 | 2,300 | 3,000 | ||||||||||
| Depreciation on disposals | - | : | - | - | ||||||||||
| At 05 April2025 | 80,833 | 9,000 | 10,350 | 13,500 | ||||||||||
| Net book value | ||||||||||||||
| At 05 April 2025 | 161,760 | 141,000 | 164,650 | 211,500 | ||||||||||
| AtO5 April2024 | 164,960 | 143,000 | 166,950 | 214,500 | ||||||||||
| Freehold land | & | Freehold | land& | |||||||||||
| buildings - | buildings - Burton | |||||||||||||
| Eastern Green | Green | Totals | ||||||||||||
| £ | £ | £ | ||||||||||||
| Cost | ||||||||||||||
| AtO6 April 2024 | 225,000 | $00,000 | 1,517,593 | |||||||||||
| . | Additions Disposals At 05April2025 |
- a 225,000 |
- aia 500.000 |
4 isan aestes 1,517,593 |
||||||||||
| Depreciation | ||||||||||||||
| At 06 April2024 | 10,500 | 23,100 | 136,783 | |||||||||||
| Charge forthe year | 3,000 | 6,600 | 20,100 | |||||||||||
| Depreciation on disposals | - | - | - | |||||||||||
| AtO5 April2025 | 13,500 | 29,700 | 156 | 883 | ||||||||||
| Net book value | ||||||||||||||
| At 05 April2025 | 211,500 | 470,300 | 1,360,710 | |||||||||||
| At 05 April 2024 | 214,500 | 476,900 | 1,380,810 | |||||||||||
| Property Details | ||||||||||||||
| Land registry tile ofthe above | prapertyheld are: | |||||||||||||
| BinleyWoods | WK331433 | |||||||||||||
| Whoberley Cheylesmore |
WM134460 WK198671 |
|||||||||||||
| Mount Nod | WK206453 | |||||||||||||
| Easter Green | WM462509 | |||||||||||||
| BurtonGreen | WKS04646 |
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WYKEN GOSPEL HALL TRUST
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 05 APRIL 2025
7 ANALYSIS OF NET ASSET BETWEEN FUNDS
b 2s | Current year Unrestricted Restricted Total
Funds Funds funds
£ £ £
Tangible fixed assets 1,360,710 . 1,360,710
Current assets + ” 2
Current liabilities , . -
Non-current liabilities * : °.
Total funds 1,360,710 : 1,360,710
7.2 Prior year
Unrestricted Restricted Total
funds funds funds
£ £ 3
Tangible fixed assets 1,380,810 - 1,380,810
Current assets - - -
Current liabilities > * -
Non-current liabilities rd S
Total funds 1,380,810 E 1,380,810
8. MOVEMENT IN FUNDS
8.1 Current year
Realised/
Fund balance Resources unrealised gains Fund balance
AtOBApril2024 Incoming resources expended and losses At 05 April 2025
£ £ £ £ £
Restricted funds - - - ie €
Unrestricted funds 1,380,810 26.346 46,446) oS 1,360,710
Total funds LTROC17| FF 0
B.2 Prior year
Realised/
Fund balance Resources unrealised gains Fund balance
AtO6 April 2023 Incoming resources expended and losses At 05 April 2024
£ £ £ £ £
Restricted funds - . - - -
Unrestricted funds 4,400,910 28,443 (48,543) - 1,380,810
Total funds 1,400,910 28,443 (48,543 - 7,380,510
9. TRANSACTIONS WITH RELATED PARTIES
There are no related party transactions during the period that require disclosure
10. VOLUNTEERS
Wyken Gospel Hall Trust relies entirely on volunteers to carry out the management, administration and general maintenance work.
The Trust has no paid staff or paid Trustees.
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WYKEN GOSPEL HALL TRUST
COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES EOR THE YEAR ENDED 05 APRIL 2025
| Unrestricted | Designated | Restricted | Total funds | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | ||
| Notes | £ | £ | £ | £ | |
| ; | |||||
| Income and endowments from: | |||||
| Donations andlegacies: | |||||
| Donated services | 4 | 28,443 | - | - | 28,443 |
| Total | 28,443 | - | - | 28,443 | |
| Expenditure on: | |||||
| Charitable activities | |||||
| Running meeting rooms | 5 | 48,058 | - | - | 48 058 |
| Other charitable activities | 5 | 485 | - | - | 485 |
| Total | 48,543 | - | - | 48,543 | |
| Net income/(expenditure) | (20,100) | - | - | (20,100) | |
| Gains/(losses) on revaluation of fixed assets | - | - | - | - | |
| Netmovement in funds | (20,100) | - | - | (20,100) | |
| Reconciliation offunds | |||||
| Total funds bought forward | 7 | 1,400,910 | - | - | 1,400,910 |
| Totalfundscarriedforward | 1,380,810 | - | - | 1,380,810 |
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