Registered Charity No. 1049009 Financial Statements for the year ended 31" December 2024 Molly Langston MAAT Kings Norton
| Trustee Information | 2 | |
|---|---|---|
| 7-8 Report of the Trustees |
7-8 Report of the Trustees 3-4 |
7-8 |
| Statement of Financial Activities | Statement of Financial Activities 5 |
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| Balance Sheet | Balance Sheet 6 |
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| Notes to the Financial Statements | 7 | |
| Independent Examiners Report | 8 |
BeanNood Chapel Trust Trust Information For the year ended 31" December 2024 Trustees Julian Harms Jane Linton Zoe Rippengal Dagmar Sharples Elders Julian Harms lan Millership (until 31 Dec 2024) Bob Sharples Stephen Sturman Operating Address Bearwood Chapel Bearwood Road Smethwick Warley West Midlands B66 4DH Bankers Natwest Bank Plc Sort Code: 600210 Account No.: 93032498 Examiner Molly Langston MAAT 20 Marburyclose Kings Norton Birmingham B38 8YX Reg. Charity No. 1049009
Bearwood Chapel Trust Report of the Trustees For the year ended 31" December 2024 The Trustees are pleased to present their report on the activities of Bearwood Chapel Trust during 2024 and to confirm that the Trust's main aims, the advancement of the Christian faith and the relief of suffering and hardship, remain unchanged. To enable it to achieve these aims, Bearwood Chapel strives to continue to provide a wide range of services to the community- for which there is unrestricted access. These activities and events were aimed at engaging and supporting the local community and were seen as stepping-stones in the growth and development of the Chapel's work and also in spreadingthe gospel message in the Bearwood Area. The Elders continued providing teaching forthe congregation with occasional guest speakers. The Chapel was open on Sunday mornings and the service was available for people to jokn on Zoom from the local area orfurther afield. Four Members. Meetings were held at the Chapel for prayer and updates throughout the year., with some joining the meetings on Zoom. ESOL classes continued using the Chapel premises. Weekly Life Groups met online or in people's homes and were available for all to join on eitherTuesday, Wednesday or Thursday evenings. Chapel Café was open fortnightlywith Knit & Natter social gatherings throughout the year, encouraging local residents. ESOL class attendees and chapel members to drop in for friendship and with drinks and food available. This also supported those newto the UK. The opening times were extended from September with good take-up. There were special activities including crafts at Easter and Christrnas. Environmental Health carried out an unannounced inspection, which resulted in a good report. A new monthly social group. Men @ Bearwood. was started, , with food being offered followed by a topical discussion. First Aid day courses were available for church members. particularly for those involved in children's and youth activities. and as a service for other local Christian groups. Various social events were organised including two Senior Specials and a summer day trip to Barmouth. Work parties were held on two or three occasions for general maintenance and cleaning. Throughout the year various chapel members were involved in keeping in touch by phone. offering assistance with shopping, giving lifts, visiting in homes and running errands for those who were housebound.
Bearwood Chapel Trust Report of the Trustees For the year ended 31" December 2024 The Elders and Leadership Team continued to provide spiritual and pastoral support. A Council of Reference was appointed and held their first meeting. with each member also being invited to preach. The work to transferto a Charitable Incorporated Organisation {CIO) was ongoing through the year. A private tenant continues to rent the first floorflat above the Café. Emergency work was undertaken to repairthe Café shutters. Various other maintenance works were actioned throughout the year on both properties. The Trust continues with its policy of only supporting monetariky those people or organisations that are personally known to them and who are usually involved in overseas or local mission. Those supported by the trust are listed in the accounts. The Trust does not respond to general appeals or requests for financiaL support. The Trust acknowledges with thanks the encouragement. support and involvement that it has received from the members of Bearwood Chapel. The financial and practical generosity of members facilitated the upkeep and maintenance of the Chapel buildings. The Trustees would again like to thank all those who participated in the work of the Trust duringthe year and also to thank God for the many blessings that have been received. Order of the Trustees Date 2 (R1E/zs-
Bearwood Chapel Trust Statement of Financial Activities For the year ended 31" December 2024 Restricted Designated General Funds Funds Funds Totalfor year Total for year Donations. legacies and Other Slmilar Receipts: Weekly Offerings & Donations Tax Recovered Operating Activlties to further charitable objects= Community Café Event Income Investment income receipts: 12,860 1.101 4.022 565 34.812 5.757 51.694 7.423 36.696 5.870 1.916 1.916 1.118 443 210 44,337 187 40,756 187 61220 13,961 6,503 Payments for generating funds: Charitable Payments: Grants & Gifts payable Charitable activities: Community café expenses Speakers expenses Outreach and Events Support Costs: High Street Presence Project Church Light. Heat &Water Maintenance, Renovations & Upkeep Major Repairs Fund Sundry Expenses Management & Administration= Printing, Stationery & Postage Subscriptions and Professional Fees Bank Charges Insurance Premiums 7.347 7,347 7,230 2.173 2,173 250 1,189 955 600 1,097 250 1,189 4.894 4.894 6.425 12,444 10.711 5,709 7,720 22.985 785 6,425 12,444 143 143 1,480 1,480 1,251 1.818 18 1,877 62.756 3,282 27.057 3,282 41.470 12.240 2.173 Transfer between funds 11,628 (11.628} Net RecelptslPayments 1,721 15,958 2,071 19.750 118.419) Balance broughtforward as at 1"January 2024 7.606 10.866 7.441 25.913 44.332 Balance carried fonvard at 31" December 2024 9.327 26.824 9.512 45.663 25.913
Bearwood Chapel Trust Statement of Assets and Liabilities For the year ended 31" December 2024 2024 2023 CURRENT ASSErs Current Asset Investments Kingdom Bank Cash at Bank and in Hand National Westminster Current Account Community Café National Westminster Account Community Café Cash 11.125 10.939 34.231 277 30 14.410 510 34.538 45.663 14.974 25.913 Representlng Balances on the following Accounts: Unrestricted and Designated Funds: General Fund 9.512 7.441 Designated Funds: Community Café Major Repair Fund 306 26,518 563 10,303 26.824 10.866 Restrlcted Funds: General Missionary Fund (including Rachel Newby Fund) High Street Presence Project Reserve Fund TOTAL FUNDS 5.111 4.003 2.216 2.000 1.603 2.000 9.327 45,663 7.606 25,913 Non-monetary Assets: Propety (including shop and flat) at 44514458 Bearwood Road. Smethwick. B66 4DH - Purchase price £115.000 Fixtures, furniture & equipment at the Church premises is currently insured for 276,873. Further fixtures. furniture &equipment is insured for £106,623 atthe Community Café. The church building is held bythe trustees. There are no outstanding iiabilitses. These accounts were approved bytheTrustees on: Signed on their behalf by: Position: Date: 2 Y(42J
Bearwood Chapel Trust Notes to the Financial Statements For the year ended 31" December 2024 1) Accountlng Poiicles These accounts have been prepared on the receipts and payrnents basis. 2) Trading The Church has not had a trading acttvity in pursuit ot its charitable objects. 3) Status Bearwood ChapelTrust is an unincorporated charity registered viiththe Charitycommission {number 1049009.1 The trust atso has two subsidiary charities which were registered on 12th August 2004. These are The Swaine Boume Bequestand Trust PropertyAdministered ICW Bearwood Gospel Hall. 4) Donations 2024 6.193 500 500 154 2023 5,680 500 500 400 150 7,230 Rachel Newby Birmingham City Mission A&J Farahat P Willmot Other Individuals 7,347 Charged to General Fund Charged to General Missionary Fund inc R Newby(Restricted Fund) 7.347 7,347 7,230 7,230 5) Restrlcted Funds The balances on restricted funds consisted of the following funds: Opening Income Expense Transfer Closlng Balance Balance 4,003 5.111 General Missionary Fund inc. Rachel Newby High Street Presence Project ReseNe Fund 8.454 7.347 1,603 2,000 7.606 5.507 4,894 2.216 2,000 9,327 13.961 12,240 6) Trustees Remuneration and Expenses None of theTrusteeswere remunerated. Two trustees (or members of theirfamilyl were reimbursed £2.801 for expenses incurred bythem. 71 Designated Funds The balances on restricted funds consisted of the following funds: Opening Income Expense Balance 563 10.303 10.866 Transfer Closing Balance 306 26,518 26.824 Community Café Major Repair Fund 1,916 4.587 6.503 2.173 11.628 11.628 2.173
Bearwood Chapel Trust
Independent Examiners Report For the year ended 31[st] December 2024
I report on the accounts of the charity for the year ended 31[st] December 2024.
Basis of independent examiner’s statement
that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
reasonable cause to believe that in, any material respect:
of the accounts to be reached.
Signed:
MAAT AAT Licensed Accountant
20 Marbury Close, B38 8YX
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