BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
BETHEL CHURCH ASSEMBLIES OF GOD
Report and Accounts
Year ended 30 June 2023
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Trustees
Heather Motee James Mason Angela Wilson (Secretary) Rev. Robert Hurter (Chair) Graham Bristow
Non-trustee Leader Irene Hall Treasurer Faith Lavender Governing Document Constitution and Trust Deed adopted on 14[th] March 2006
Charity Registration Number 1050300 Registered Office 28 Bath Road Stonehouse GL10 2JA Bankers HSBC
Bankers
CONTENTS
Charity Information 2 Trustees' Report 3 – 10 Independent Examiner’s Report 11 Accounts 12 - 17
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
The Trustees have pleasure in submitting the Report and Accounts for the year ending 30[th] June 2023.
Structure, Governance and Management
The trust deed provides for a minimum of 3 trustees which include the church minister(s). However, the number of trustees who receive remuneration for their services to the Church shall not form the majority of the trustees.
The trustees are known as the Church Council. The Church Council are responsible for the appointment of new members of the council as well as their induction training. This training includes making them aware of their responsibilities, the requirements of the governing trust deed, administrative procedures along with the history and philosophical approach to the charity.
The Church Council meets regularly to review risks that the charity faces. These include financial, health & safety, as well as the risks associated with working with children.
Objectives and Activities of the Charity
A summary of the objects of the charity as set out in its governing document
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To advance the Christian faith including missionary activities in the UK and overseas.
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The relief of the poor and needy.
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The relief of the sick and elderly.
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The furtherance of religious or secular public education.
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Such other charitable objects and for the benefit of such other charitable bodies and institutions
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as the trustees shall in their absolute discretion see fit.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Achievements and Performance
Before I start my report let me open with this scripture: Matthew 28: 19 - 20
I am with you always, to the very end of the age.”
his willingness to the vision.
Stonehouse, we preach, teach, and live according to the Word of God.
our Lord Jesus is imminent.
We also have others in our worship team who can lead, which relieves our current worship leader.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
person.
had a great response, with 20 – 30 people attending each time. The numbers do seem to be increasing.
attendees.
meeting currently held on a Wednesday evening at Stroud Baptist.
people.
end.
Outreach Events for the Community
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We have had 20 – 30 regular attendees.
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over 100 bacon baps given away. This was free to the community.
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time. Pastor decided to open this up to partner with 2 other churches, as this is an outreach.
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with around 15 ladies regularly attending, many of whom aren’t part of Bethel or any church.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
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The Men’s Breakfast continue to do well. We have had 8 regular attendees.
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Phonics classes had been held in the church hall on Tuesdays. This has seen an increase in number.
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A Ladies choir has started to hold practices in our church hall on Monday evenings. There are on average 20 ladies who attend the practice.
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We have also had an active tots groups on Wednesday mornings. With assistance from Sportily. However, this has since stopped due to the lack of volunteers. We are praying for it to resume soon.
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Bethel also held several funerals.
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We ran a prayer course over 8 weeks on Friday evenings. This was attended by 8 – 10 people.
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We held our “Bethel Buzz”, an outreach for children and families. We hosted various games, with prizes and had BBQ. This was well attended by the community.
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Several of our members have started putting out tracts in the community, one person has attended church as a result.
Our treasurer has been doing an amazing job behind the scenes. And I would like to send a big thank you to Paul Mallett the external examination of our accounts.
We have continued to financially support five missionaries:
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Andrew Wesley (Top Kids)
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Claire Kinkead (Jamaica)
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Gabriel & Daniela Corradini (Asturias, Spain)
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John & Eliana Whyte (IBTI Bible College)
Compassion UK
We have had feedback as well as visits from Claire Kinkead, the Corradini’s.
We have also supported Food bank and Ukraine by giving material contributions through our members. We were able to deliver a considerable amount of food stuffs to foodbank and groceries and essentials to families in Ukraine.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
For the Future
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heart. God has already given pastor the area to plant.
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testimonies.
preaching of Kingdom principles to help them grow in God.
We continue to promote Jesus Christ (Saviour, Healer, Baptiser, and Coming King), prayer and the Bible.
We encourage extravagant worship in the church, and sharing the love of Jesus with everyone.
that they felt love and belonging the minute they walked through our doors. That is good news.
Budgets
Gift-Aid should do so with the Treasurer.
that we will see the church prosper financially, as we endeavour to do the will of God.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Going Concern
The trustees, having reviewed all financial and other obligations, they expect the charity to continue to operate as normal for the foreseeable future. It is able to meet its obligations as they fall due, and there are no plans to close the charity or to significantly curtail its operations.
Public Benefit
The Trustees/Directors have considered the requirements of the Charities Act to ensure the Charity meets its obligations in respect of public benefit.
In planning activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission.
The Trustees/Directors believe that this annual report helps to demonstrate the Charity’s commitment to the communities in which it is based, as well as its achievements during the year and its future plans.
Grant Making Policy
Gifts to individuals, families and external organizations are considered on the basis of need and the fulfilment of its charitable objectives, in line with its Grant Making Policy.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Financial Review
the previous year, up from £33,449 to £41,492.
This is entirely due to the continued generosity of our members towards outworking of the vision of the church. Again, a heart-felt “thank you” doesn’t do justice to acknowledge the continued sacrifices that we know have been made over the last 12 months.
Our total income from all sources for the year also increased by 15.7% from ££44,731 to £51,735.
If we now look at expenditure. Total expenditure saw a small reduction of 1.6% down from £36,098 to £35,537. A full breakdown of expenditure is shown on page 17 of this report.
The year-end position shows an increased surplus of £16,197 against the £8,633 seen in the previous year.
As a result, our cash reserves have increased to £98,959 (2022: £82,761) and are considered to be more than adequate to see us through the next season.
Reserves Policy
The charity’s current levels of unrestricted reserves are more than acceptable. £35,000 of the total had previously been designated as a contingency and there are no current plans to change this.
Risk Assessment
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate these. All major insurance risks are subject to normal volunteer insurance.
Contractual risks are reviewed before being entered into to assess their impact on the charity’s ability to fulfil its objectives. An annual review of all areas of risk is undertaken by the Trustees in conjunction with volunteers responsible for the area of activity.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Trustee Responsibilities
The Trustees are responsible for preparing the Trustees’ Report and the Financial Statements in accordance with applicable law and UK Accounting Standards. The law applicable to charities in England and Wales requires that trustees provide financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and;
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping financial records which disclose with reasonable accuracy the financial position of the charity and enable them to ascertain to ensure that the financial statements comply with the Charities Act and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website.
Approved by the trustees on …………………….. 2023 and signed on their behalf by:
………………………………………..
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BETHEL CHURCH ASSEMBLIES OF GOD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023 Independent examlner's report on the accounts FOR ENGLAND AND WALES X+'- JUNE 2023 •nyJ 12-17 08 09.23 Ibl any)". Lh'sdoswe rffi here Lyief dolai15 ( ry iteffls that # Èxaminef ishes k* th'5c105e. Page 11
BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Statement of Financial Activities
| Unrestricted Restricted Endowment Total Prior year funds funds funds funds total funds |
|
|---|---|
| Income and endowments from: Donations and legacies Income from charitable activities Investments Other income Total income Expenditure on: Expenditure on charitable activities Other expenditure Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Contingency Fixed Assets Restricted Building Fund Children's Work |
45,165 2,673 — 47,839 39,549 601 — — 601 2,223 344 — — 344 109 2,950 — — 2,950 2,849 |
| 49,061 2,673 — 51,735 44,731 32,501 2,876 — 35,377 36,035 159 — — 159 62 |
|
| 32,661 2,876 — 35,537 36,098 |
|
| 16,400 (202) — 16,197 8,633 — 722 — 722 2,256 (722) — — (722) (2,256) |
|
| 15,677 520 — 16,197 8,633 |
|
| 282,179 582 — 282,761 274,128 |
|
| 297,857 1,102 — 298,959 282,761 62,857 — — 62,857 47,179 35,000 — — 35,000 35,000 200,000 — — 200,000 200,000 — 309 — 309 289 — 793 — 793 293 |
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Balance sheet
| Class and code Description |
This year Last year |
|---|---|
| Fixed assets FA001 Freehold Property Total Fixed assets Current assets CA001 HSBC - Current Account CA003 HSBC - Deposit Account CA004 Virgin Money CA005 Kingdom Bank - Deposit Account CA007 Kingdom Bank - Sub. Deposit CA008 PettyCash CA009 Kingdom Bank - Reserve Account Z05 Accounts Receivable Total Current assets Reserves Excess / (deficit) to date Z01 Starting balances Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
200,000 200,000 |
| 200,000 200,000 25,980 16,012 27,923 24,909 — 37,406 1,628 612 — 1,000 — — 40,589 — 2,837 2,819 |
|
| 98,959 82,761 16,197 8,633 282,761 274,128 |
|
| 298,959 282,761 62,857 47,179 235,000 235,000 1,102 582 — — |
|
| 298,959 282,761 |
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
1. Accounting Policies
The accounts have been prepared under the historic cost convention, in accordance with applicable accounting standards and follow the FRS 102 Statement of Recommended Practice: Accounting for Charities 2015. The following are the accounting policies which have been applied in dealing with material items:-
The accounts have been prepared on the going concern basis, as there are no material uncertainties about the charity’s ability to continue. Based on the adequacy of the charity’s reserves as at the balance sheet date, along with their knowledge of the charity’s ability to meet bills, payments and other liabilities as they fall due, the trustees have a reasonable expectation that the charity has sufficient resources to continue in operational existence for the foreseeable future.
a) Donated and grant income:
Donated income and grants receivable are taken into account when received by the charity. Income received in circumstances where a claim for repayment of tax has been or will be made to HM Revenues and Customs is grossed up for the tax recoverable. Any amount of tax reclaimed from HM Revenues and Customs but not yet received is shown within the charity’s debtors.
b) Other income and expenditure
Investment income is taken into account when receivable and expenditure, including irrecoverable VAT, when incurred by the charity, regardless on when payment is made. Grants payable are taken into account at the earlier of when they are paid or become constructive obligations.
c) Funds:
Unrestricted funds are donations and other income received or generated for the objects of the charity without specific purpose and are available for purposes directed by the trustees. Restricted funds are amounts received where the donor has specified the purpose for which they are used.
d). Fixed assets and depreciation:
Fixed assets acquired for use by the charity are capitalised and depreciated over their estimated useful life unless they cost less than £2,500 when they are written off on purchase.
Depreciation periods are as follows:
Freehold land Not depreciated Freehold buildings Not depreciated Equipment Between 3 and 7 years
e). Taxation:
A registered charity which is exempt from taxation under the Income & Corporation Taxes Acts.
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
2. Voluntary income
| Unrestricted | Restricted | Endowment | Total | Prior year | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | total funds | |
| Donations and Offerings | 38,818.49 | 2,673.90 | --- | 41,492.39 | 33,449.34 |
| Gift Aid Reclaim | 6,346.74 | — | — | 6,346.74 | 6,299.90 |
| Total | 45,165.23 | 2,673.90 | — | 47,839.13 | 39,749.33 |
| 3. Debtors & Prepayments |
2022 | 2021 |
|---|---|---|
| Tax recoverable | 2,837.24 | 2,819.75 |
| Other Debtors | — | — |
| 2,837.24 | 2,819.75 |
4. Creditors: liabilities falling due within one year
Accounts Receivable — —
5. Funds
Fund movement by type
| Opening Incoming Outgoing Transfers Gains/losses Journals Closing | |
|---|---|
| Building - Building Fund Restricted Sub-total for Building Child - Children's Work Restricted Sub-total for Child Conting - Contingency Designated Sub-total for Conting FAssets - Fixed Assets Designated Sub-total for FAssets Missions - Missions Restricted Sub-total for Missions General - General fund Unrestricted Sub-total for General Grand total |
289 20 — — — — 309 |
| 289 20 — — — — 309 293 500 — — — — 793 |
|
| 293 500 — — — — 793 35,000 — — — — — 35,000 |
|
| 35,000 — — — — — 35,000 200,000 — — — — — 200,000 |
|
| 200,000 — — — — — 200,000 — 2,153 2,876 722 — — — |
|
| — 2,153 2,876 722 — — — 47,179 49,061 32,661 (722) — — 62,857 |
|
| 47,179 49,061 32,661 (722) — — 62,857 282,761 51,735 35,537 — — — 298,959 |
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
6. Analysis of income and expenditure
Unrestricted Designated Restricted Endowment This year Last year
INCOME AND ENDOWMENTS
Donations and legacies
| Gifts & Offerings - Auto Gift Aided Gifts & Offerings - Auto Non Gift Aided Gifts & Offerings - Gift Aided Gifts & Offerings - Non Gift Aided HMRC - Gift Aid Reclaimed Missions - Non Gift Aided Children's work Building Fund Total Income from charitable activities Miscellaneous Income Total Investments Credit Interest Total Other income Car Park Income Total |
17,329 — — — 17,329 12,985 5,395 — — — 5,395 2,935 2,326 — — — 2,326 8,445 13,766 — — — 13,766 8,648 6,346 — — — 6,346 6,299 — — 2,153 — 2,153 120 — — 500 — 500 100 — — 20 — 20 15 |
|---|---|
| 45,165 — 2,673 — 47,839 39,549 601 — — — 601 2,223 |
|
| 601 — — — 601 2,223 344 — — — 344 109 |
|
| 344 — — — 344 109 2,950 — — — 2,950 2,849 |
|
| 2,950 — — — 2,950 2,849 |
|
| INCOME TOTAL | 49,061 — 2,673 — 51,735 44,731 |
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BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
EXPENDITURE
Expenditure on charitable activities
| Church Life - General Resources Church Life - Printing Church Life - Website & Software Church Life - Gifts & Donations Church Life - Visiting Speakers Missions - Regular Support Missions - Visiting Ministries Staffing - Payroll Staffing - Expenses Premises - General Maintenance Utilities - Gas/Electric/Broadband/Phone Utilities - Water Utilities - Insurance Regulatory - Licenses Regulatory - AOG Fees Regulatory - subscriptions Regulatory - Payroll Fees Total Other expenditure Regulatory - Bank Charges Total |
2,403 — — — 2,403 1,522 137 — — — 137 — 379 — — — 379 230 1,744 — — — 1,744 219 100 — — — 100 250 — — 2,626 — 2,626 2,276 — — 250 — 250 100 21,797 — — — 21,797 21,748 129 — — — 129 30 1,535 — — — 1,535 3,694 1,401 — — — 1,401 1,365 260 — — — 260 290 901 — — — 901 — — — — — — 2,653 1,279 — — — 1,279 1,080 — — — — — 130 433 — — — 433 446 |
|---|---|
| 32,501 — 2,876 — 35,377 36,035 159 — — — 159 62 |
|
| 159 — — — 159 62 |
|
| EXPENDITURE TOTAL | 32,661 — 2,876 — 35,537 36,098 |
| GRAND TOTAL | 16,400 — (202) — 16,197 8,633 |
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