FROME VALLEY GOSPEL HALL TRUST
THE TRUST PROVIDES AND MAINTAINS GOSPEL HALLS FOR THE RELIGIOUS ACTIVITIES OF CHRISTIANS OFTEN REFERRED TO AS "BRETHREN" DETAILS OF THE ORIGINS ,TEACHINGS AND WAY OF LIFE CAN BE FOUND ON THEIR WEBSITE WWW.PLYMOUTHBRETHRENSCHRISTIANCHURCH,ORG
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of incoming resources over resources expended for the year ended 5 April 2025, with total voluntary income rising significantly to £547,335. However, the filing notes that free reserves were £Nil because current liabilities exceeded current assets, driven largely by short-term loans. Despite this negative net current asset position, the trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Free Reserves at the year end were £Nil ( 2024: £Nil) due to current liabilities exceeding current assets.” — page 6
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- DOUGLAS LLOYD TURNER
- Glenn Smith
- PETER CHARLES DAVIS
- Richard Horace Smith
- Tristan Warwick Brady
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £561k | £148k |
| 05/04/2024 | £209k | £147k |
| 05/04/2023 | £1.6m | £133k |
| 05/04/2022 | £1.9m | £40k |
| 05/04/2021 | £1.3m | £26k |
Common questions
Is FROME VALLEY GOSPEL HALL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of incoming resources over resources expended for the year ended 5 April 2025, with total voluntary income rising significantly to £547,335. However, the filing notes that free reserves were £Nil because current liabilities exceeded current assets, driven largely by short-term loans. Despite this negative net current asset position, the trustees and auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Saffery LLP.