Looking at the Charity Commission website in the UK, there is a charity 275946 - THE KINGDOM HALL TRUST.
Its activity is:
ACTING AS CUSTODIAN TRUSTEE HOLDING TITLE TO FREEHOLD AND LEASEHOLD PROPERTIES ACQUIRED AS PLACES OF WORSHIP FOR CONGREGATIONS OF JEHOVAH'S WITNESSES IN ENGLAND AND WALES.
What does it mean to "ACT AS CUSTODIAN TRUSTEE HOLDING TITLE TO FREEHOLD AND LEASEHOLD PROPERTIES"?
Is this the fabled mechanism for IBSA to take ownership of the KHalls land and buildings, or is it much simpler in that they are merely having the title deeds lodged with them for safe keeping?
The other perplexing thing is the yearly accounts for this fund: Income £1, outgoings £16??
Splash.