**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
_Page 1_
**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
_Page 2_
**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
- To advance the Christian faith including missionary activities in the UK and overseas.
- The relief of the poor and needy.
- The relief of the sick and elderly.
- The furtherance of religious or secular public education.
- Such other charitable objects and for the benefit of such other charitable bodies and institutions
- as the trustees shall in their absolute discretion see fit.
_Page 3_
**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.
_Page 4_
**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**
- We have had 20 – 30 regular attendees.
- over 100 bacon baps given away. This was free to the community.
- time. Pastor decided to open this up to partner with 2 other churches, as this is an outreach.
- with around 15 ladies regularly attending, many of whom aren’t part of Bethel or any church.
_Page 5_
## **BETHEL CHURCH ASSEMBLIES OF GOD**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 30 JUNE 2023**
- The Men’s Breakfast continue to do well. We have had 8 regular attendees.
- Phonics classes had been held in the church hall on Tuesdays. This has seen an increase in number.
- 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.
- 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.
- Bethel also held several funerals.
- We ran a prayer course over 8 weeks on Friday evenings. This was attended by 8 – 10 people.
- 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.
- 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:**
- Andrew Wesley (Top Kids)
- Claire Kinkead (Jamaica)
- Gabriel & Daniela Corradini (Asturias, Spain)
- 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.
_Page 6_
## **BETHEL CHURCH ASSEMBLIES OF GOD**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 30 JUNE 2023**
## **For the Future**
- heart. God has already given pastor the area to plant.
- 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.
_Page 7_
**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.
_Page 8_
**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.
_Page 9_
## **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:
………………………………………..
_Page 10_
BETHEL CHURCH ASSEMBLIES OF GOD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
Independent examlner's
report on the accounts
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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|
_Page 12_
**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**|
_Page 13_
**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.
_Page 14_
## **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**|
_Page 15_
**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|
_Page 16_
## **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|
_Page 17_