PORTSWOOD GOSPEL HALL TRUST
The Trust provides and maintains gospel halls for the religious activities of Christians often referred to as 'Brethren' for the advancement of the Christian religion for the public benefit including by the carrying on of the service of God in accordance with the Holy Bible. We support local charities for disadvantaged people such as The Society of St James, Two Saints, Southampton City Mission.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of incoming resources over resources expended for the year ended 5 April 2025, primarily due to expenses for building a new hall for a related trust and depreciation charges. Free reserves at the year-end were £Nil, having decreased from £196,250 in the previous year, though the trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Contributions from the congregation” — page 9
“Free reserves at the year-end were £Nil (2024: £196,250). This is after taking into consideration other loans.” — page 7
“At the year end there was a loan outstanding to the Trust of £50,000 (2024: £50,000) from Armorguard, a business related to Reuben Mitchell, trustee. The loan is interest free.” — page 17
“During the year there were donations of £131,780 (2024: £20,540) from persons connected to the Trustees and businesses controlled by them.” — page 17
“At the year end there was a loan outstanding to the Trust of £50,000 (2024: £50,000) from Armorguard, a business related to Reuben Mitchell, trustee. The loan is interest free.” — page 17
“During the year there were donations of £131,780 (2024: £20,540) from persons connected to the Trustees and businesses controlled by them.” — page 17
“At the year end there was a loan outstanding to the Trust of £50,000 (2024: £50,000) from Armorguard, a business related to Reuben Mitchell, trustee. The loan is interest free.” — page 17
“During the year there were donations of £131,780 (2024: £20,540) from persons connected to the Trustees and businesses controlled by them.” — page 17
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- MARK STEPHEN FIDLER
- ROBIN EDWARD MORTON
- Reuben Mitchell
- Rick Wakeford
- SAMUEL BROWNING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £564k | £827k |
| 05/04/2024 | £99k | £181k |
| 05/04/2023 | £269k | £130k |
| 05/04/2022 | £59k | £101k |
| 05/04/2021 | £61k | £98k |
Common questions
Is PORTSWOOD GOSPEL HALL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of incoming resources over resources expended for the year ended 5 April 2025, primarily due to expenses for building a new hall for a related trust and depreciation charges. Free reserves at the year-end were £Nil, having decreased from £196,250 in the previous year, though the trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.