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||
|Balance Sheet|Balance Sheet
6||
|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
8