Charity number: 1051043
BETHESDA EVENTIDE HOMES
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
7 August 2025

BETHESOA EVENTIDE HOMES
CONTENTS
Page
Reference and Admlnlstratlve Detalls of the Charlty, Its Trustees and Advlsers
Trustees. Report
Independent Auditor's Report on the Financial Statements
Statement of Financlal Activities
8-11
12
Balance Sheet
13
Statsment of Cash Flows
14
NotÈs to thè Financial Statements
15-29

BETHESDA EVENTIDE HOMES
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRLISTEES AND ADVISERS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Trustees
Mrs Karen Fairweather. Chalrperson
Mrs Melani8 Armstrong, Secretary
Mr Paul Gooderham, Treasurer
Mr Andrew Wright
Mrs Christine Jaye
Mr Terry Mann
Mis Janet Gunnar
Charity reglstéred
number
1051043
Principal office
59a Henley Road
Ipswich
Suffolk
IP13SN
Independont auditor
Sum8r Auditco Limited
Chartered Accountants
Filzroy House
Crown Street
Ipswich
Suffolk
IP13LG
Bankars
Barclays Bank PIC
Princes Street
Ipswich
Suffolk
IP11PB
Page 1

BETHESDA EVENTIDE HOMES
TRUSTEES. REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2024
The Trustees present their report and the financial statements for the year ended 31 December 2024. The
financial ststements have begn prepared in accordance with the accounting policies specified in the Charitys
trust deed, the Charities Acl 2011 and the Statement of Recomrnended Praclice: Accounting and Reportlng by
Charities (FRS 102) 2015.
ObJe¢tlves and 8Ctlvltles
Legal and Admlnlstratlve Informatlon
B8thesda Eventide Homes, Ipswlch is a trust created by a deed dated 25 October 1995. Th8 Trustees set out
below h61d offlce durlng tha financlal year and to the date of thls report unles5 Otherwlse staled:.
Mrs Karen Falrweather
Mrs Melanie Armslrong
Mr Paul Gooderham
Mr Andrew Wright
Mrs Christine Jaye
Mr Terry Mann
Mr8 Janet Gunner
Chairperson
Secretary
Treasurer
At the end of the financial year {31 December 20241 there were seven Trustees.
The mission of the Homes is an extension of the Care minislry of th8 Bèthesda Baptlst Church, Ipswich but there
is no direct organisational or financial relaiionship between the two charities, except that by tradition all trustees
have been members of the Church.
Object
Bethasda Eventid8 Hom&s (the "Hornes. or the "Charity,) provides high quality residential care to the elderly in
an environm8nt where individuals are encouraged to retain their own identities and the lifestyle of their choice
according lo thelr physlcal and mental capabilities. The activlt188 of the Homes are carrled out at the address of
the Hom8S.
Our obJ6ctlv88 are th8 r611èf of the elderly by providing and malntslnlng a residential or convalescent care wlthln
an environment to ben&fit those eldérly Chrislian persons who are in necessitous circumstances.
Organisation
The Trustees have a collectlve responsibility for all of the Charlty's assets, residents, staff and to satisfy the
requirements of the Trust Deed.
The Trustees maintain an active responsibility for the secretsrial and financial management of the Homes and
oversee the social and maintenance activities, and th6 recruitment of Management staff. During the year
Trustees and thrée sanlor members of staff have met formally on a regular basis to review and address financial
and operalional matters.
The Charlty Is a member of the Suffolk Care Assoclation (SCAI and Communlty Action Suffolk. Contact with the
Care Quality Commission (CQC) and Suffolk County Council Adult Community Services is maintained where
assistance and advice can be sought by the Manager and Trustees if needed.
Page 2

BETHESDA EVENTIDE HOMES
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
Objectives and activitiès (continued)
Publlc benefit
The Trustees have complied with the duly in Section 17 of the Charities Act 2011 to have due regard to public
beneflt gu5danc8 Issued by the Commisslon.
Staff
The Management Structure is under constant review to keep up with Ihe changing requirements of the Home
and tts resld8nts constantly changlng ne8ds.
Senior Staff as at 31 December 2024
Homes Manager
Bu51ness Manager
Deputy Manager
Mr T Horrex
Mrs K Bannister
Mrs C Cates
Care Administrator
Mrs A Youngman
Senior Team Leaders
Mrs D Gladding
Marlola Boratyn
Samantha Bird
Sally Kelleher
Carley Barton
Milan Smith
Patricia Range
On average during the year 72 staff, many of them part timè workers, were ernployed at any one time. The staff
requirement at a particular time Is dependent on th8 overall care needs of our residents but the effect of a stable
workforce is very much to the residents benefit in ensuring a continuity of care and good relationship be￿een
the staff and residents. Staff training is a vitally important aspect in providing good care and with the intake of
resldents Ilving with dernentia. a considerable amount of speclal trainlng contlnues to be provided to staff.
At the end of thè financial year 600kn of our care staff were qualified lo NVQIQCF Level 2 or above, all new care
staff complete th6 Care Certificate.
Staff related Gosts accounted for approxlmately 78Q/o of expenditure.
Pay pollcy for senior staff (Key rnanagement personnel)
Thi5 15 reviewed annually with reference to appropriate indices. The annual appraisal system for senior
managemenl includes performance objectives that are utilised in pay r6VieWS.
P8ge 3

BETHESDA EVENTIDE HOMES.
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
Objectivos and activlties (contlnuod)
Volunt88rs
All frustees have specific responsibilities and duties relating to the operation of the Homes. which are carried out
on a volunlary basis. Trustees are usually recruited and appolnted from the fellowship at Bethesda Baptist
Church and ar8 r8crui18d according to their skill set. There should be at least three Trustees and all new
Trustees are appointed by a resolution of the Trustees carried by 75°k votes following a Special M&eting of
Trustees.
Newly appolnted Trustees are subject to an induction process. which includes spending time with the Managers,
so they are aware of the operational policies and procedures adopted within the Homes. They are also advised
of Iheir responsibilities under the Trust Deed in respect of the financial and organisational responsibilities. New
Trustees receive a copy of the Trust Deed and latest Annual Report and have access to other Trust88s for
guidance and advice.
There are many people who are not Trustees, partlcularly from Belhesda Baptist Church, Ipswich and other local
churches, who regularly contribute to social and spiritual activities on a voluntary basis. The substantial number
of hours given by these people continues to have a significant beneficial impact on the Homes financial situation.
All volunteers Involved with the Homes residents. are the subl8Ct of an enhanced level Dlsclosure and Barring
SeNice disclosure. Volunteers are known to the Managers and wher8 necessary will be briefed by thefft
regarding their role and its impact on the Homes generally.
Achl•voments and porft>rman¢e
Resldents
During the year 11 residents passed away. The F4omes are registered to provide care for up to 27 resSdentS 8nd
at the end of the year there were no unoccupied homes and there was a total of 26 residents. One Home is
designated as a double but at the year end the room was occupied by a single residenl. The Hom8s continue to
welcome residents requiring specialist care induding providing increasing support for individuals living with
demanti8.
A programme of social events is or9anised by the staff. As a Christian Charity, the residents, spiritual care is
considered of vital importanc8 and regular devotional times and Holy Communion were organised throughout the
year. The Truslees and other members of Bethesda Baptist Church, Ipswich and other local churches, provides
splrltual support to Indlvldual rèsldents.
The care of our residents continues to be the priority and everything possible is done to provide them with
everythlng they need day by day. A close relatlonshlp exlsts belween Ihe Homes. staff and residents, families
and next of kin to aid this objective.
Bulldlng malntenanco
During the year routine repairs, renewals and decoralions w8rè carried out to maintaln the standard of the
Homes with many homes being decorated and new f]ooring laid. Items that were capitalised amounted to £114k
and included the purchase of a replacemanl mobility adapted vehicle, the replacement of the outdated Nursecall
system to take advantage of new technologies and efficiency improvements, a glass covered pergola for the
terrace to enable residents to sit outsida more often and repairs and upgrades to Ihe pathways in the garden
following the pergola works, including some additional raised beds. Additionally new carpeting through various
individual Homes and common areas was installed and the underfloor heating in the extension required repair
and replacement.
Page 4

BETHESDA EVENTIDE HOMES
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
Flnancial review
Review of the year
The Homes completed the year with a surplus of £97,906. Due to inflation forecasts of over 100/0 and
increasingly higher costs. care fees were increased by 100k in April 2024. Employees were awarded a 100/0 pay
increase in April 2024 to ensure that we were above the National Living wage of £11.44 which increased in April
while still maintaining the differentials be￿88n the various pay grades. Capital expenditure reeched a total of
£114,089. and included a new mobility vehicle costing £13.1k to replace the previous vehicle that had been gifted
to the Homes, a new Nursecall system al £28.1k, tha completion of the pergola at £27.5k, pathway5 and raised
beds at £9.8k. the replacem8nt of the underfioor heating costing £6.5k and various changes to carpeting
throughout the Homes at £15.7k.
Golng concern
The Trustees have considered the financial position of th8 Charity and wilh th8 residents and staff all b8n&fitting
from vaccines and boosters, it has enjoyed a long period without any serlous impact from COVID-19 and other
similar illnesses and expecls thls to continue.
The Trustees are confident that the Charity remains vlable as a going concern. Our going conc8rn ass8ssm8nt Is
further described in the Notes to Ihe Accounts.
Reserves pollcy
At the end ofthe year the total amount of funds held amounted to £1,719.949. This comprised oftangible fixed
assets, free reserve funds, designated funds and restricted funds.
A18vel of reserves is ben@fiGial in order to fund any futurè capital expenditure. to cover planned repairs and
renewals and to give the Charity resilience against unexpected adverse events. The Trustees aim to relain a
Free Reserve fund of 4 months expendilure and as at 31 December 2024, the Free Funds amounled to
£420,023 which represented 3.0 months expenditure.
The amount of designated funds amounted to £79,458. These funds are used for short to medium temi
expendlture and each year consld8ration is given by the Trustees to adding to these funds. This reserve should
be maintained to cover unforeseen emergency expenditure.
The balance of the Charlty's funds is the total value of fixed asset8 which amounted to £1,221,357.
Investment policy
The Charity takes a low-risk approach lo invesiment, preferring to maintain greater security of funds, where
matching ils cash needs are more important than generating profit.
Plans for the future
The Charity aims to conlinue to op8rat8 the Homes, maintaining and improving the faciliti8s whilst being aware
of Ihe ever-increasing living costs.
Page 5

BETHESDA EVENTIDE HOMES
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
Information on fundraising praeticés
The Charity do@s not und8rtaka fundraising activiti8s. Additionally..
The Charity does not have any third-party fundraisers aGtlng on sts behalf.
It is not bound by any voluntary scheme or standard for regulating fundraising.
It has not r&ceived any complaints about its fundraising aclivily over the last year.
Th8 Charlty has a complaints procedure and would revlew and learn from any complalnts Sf they were
received.
Risk assessment
Th& Trustees continue to monitor the factors which can have a serious detrimental effect on the future viability of
the Charity. The Care Act 2014 continues to have a significant impact cn the provision of all Health and Social
Care and the Truslees will be closely monitoring any future developments whlch may Impact on the future
viability of th6 Homes.
It has been the Charily's experience that the average age at which people are taking up residency continues lo
Increase along with the health complications that accompany advancing y@ars. The pressure on staff resourcas
continues to rise along with the cost of funding the care required. Income from residents who qualify for social
funding from Suffolk County Council continues to be unrealistically low, despite continuing representations to
Suffolk County Councll. Thls Is why the Charlty Is no longer able to lake councll funded residents without a thlrd
party top up to full fees.
As a Christian Charity we beli8Vè W8 should providè care for all in need and not just ihose who have Ihe financlal
means to pay th6 normal f&8 rates, however new residents upon acceptance inlo the Homes are now advised
that should council funding be required they will be required to have a third party top up in place in order to
continue to pay the care fees in full. This is now required to ensure that the total care fee income remains at a
level which enables us to remain financlally viable.
During 2022, the Home undertook a complele review of the cat6gories of care in light of the increasing
differences in the level of care required for residents who live with dementia, as opposed to those who do not.
Full account has been taken of the physlcal support needs and as a result the Homes now have slx categories of
care, three for residential care and three for dementia care residence, during 2024 these new categorles were
working well and represented a truer refleclion of the cost of providing such care.
Transactlons wlth related partles
There were no transactions with r8lat8d parti6s in the year.12023: £Nil)
Page 6

BETHESDA EVENTIDE HOMES
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
statement of Trustees. responsibllltles
The Trustees are responsible for preparing the Trustees, Report and th& financial stalements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting
Practice).
The law appliGable to charities in England & Wales requires the Trust&es to prepare financial statements for
each financial year which give a true 8nd fair view of the state of affairs of the Charily and of its incoming
resources and application of resources, including its income and expenditure, for that period. In preparing these
financial statements, the Trustees are required to:
select suilable accounting policies and then apply them consistently.
observe the methods and principles of the Charities SORP (FRS 102).,
make judgm8nts and accounting estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards {FRS 102) have been followed, subject to any materlal
departures disclosed and explalned In the financlal statements;
prepare the financial statements on the going concern basis unless 5t is Snappropriate to presume that the
Charity will conlinue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
Ihe Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity
and ènabl8 them lo ensure that the financlal statement5 comply wlth the Charllles Act 2011, the Charity
(Accounts and Réports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding tho assels of the Charity and hence for taking re8sonable steps for the prevention and detection of
fraud and other Irregularlties.
Disclosura of informatlon to auditor
Each of the persons who are Trustees at the tlme when thls Trustees, Report Is approved has confimied that:
so far as that Trustee Is aware, there is no relevant audit information of which the charlvs audltor Is
unaware, and
that Trustee has taken all the steps that ought to hav6 beèn taken as a Trustee In order to be aware of
any Felevant audil information and to eslablish that the charity's auditor is aware of that infomiation.
Audltor
The auditor, Sumer Auditco Limited, has indicated his wlllingness to continue in office. The designated Trustees
wlll propose a motion reappointing the auditor at a meeting of the Trustees.
Approved by order of the members of th8 board of Trustees on 21 July 2025
and signed on their behalf by:
Mrs Karen FairNeather
Page 7

BETHESDA EVENTIDE HOMES
INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF BETHESDA EVENTIDE HOMES
Oplnion
We have audited the financial statements of Beth8sd8 Eventide Homes (the 'Charit￿} for the year ended 31
December 2024 which comprise the Statement of Financial Activities, th8 Balance Sheet, the Statement of Cash
Flows and the related notes, Including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102'The Financial Reporting Standard applicable in the UK
and Republic of Ireland, (United Klngdom Generally Accepted Accountlng Practice).
The financial statements have been prepared in acwrdance wilh Accounting and Reportlng by Charlties
preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic
of Ireland (FRS 102) in pr8ference to the Accounling and Reporting by Charitles: Stat&ment of Recommended
Praotice issued on 1 April 2005 which is referred to in the extant regulations but has been wbthdrawn.
This has been done in order for the account8 to provide a true and fair view in accordance with the Generally
Accepted Accounting Practlce effective for reporting p8riods beglnning on or after 1 January 2015.
n our opinion the financial statements..
give a true and fair view of the stste of the charity's affairs as al 31 December 2024 and of ils incoming
resources and application of resources for the year then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice. and
have b@en prepared Sn accordance wlth the requiremenis of the Charilles Acl 2011.
Basis for oplnlon
We conducted our audit in accordance wilh International Standards on Auditing (UK) (ISAS (UKI) and applicable
law. Our responslbllStles under those standard5 are further descrlbed in the Audltorfs responsibi1Stles for the audit
of the financSal statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in Ihe United Kingdom. including the
Flnanclal Rèportlng Councll's Ethlcal Standard, and we have fulfilled our other ethlcal responsibilities In
accordan￿ with these requirements. We belleve that the audlt evidencè we have obtained is sufficient and
8ppropriate to provide a basis for our opinion.
Concluslons relating to golng conc•rn
In auditing th8 financial statements. we have concluded that the Twstees, use of th8 going concern basis of
accounting in the preparation of Ihe financial ststements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating lo events or
conditions that, individually or collectively, may cast significant doubt on the charitls ability to continue as a going
concem for a period of at18asl twelve months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the Trustees with respecl to going Conceffl are described in Ihe
relevant sections of this report.
Page 8

BETHESDA EVENTIDE HOMES
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BETHESDA EVENTIDE HOMES
(CONTINUED)
Other information
The other information comprises the information included in the Annual Report other than the financial
statements and our Auditor's Report thereon. The Trustees are responsible for the other information contained
within the Annual ReporL Our opinion on the financial statements does not cover the other information and.
except to the extent othemise explicitly stated in our report, we do not express any form of assurance conclusion
thereon. Our responsibility Is to read the other information and. in doing so, consider whether the other
information is materially inconsistent with the financial stat8ments or our knowledge obtained in the course of the
audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
mat&rial misstatements. we are required to determine whether thls gives rise to a material misstatement in the
financial slalements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of Ihis other information, we are required to report that fact.
We have nothing lo report in this regard.
Matters on which we are required to report by axceptlon
We have nothlng to report In respect of th9 following matters wh6re the Charitles (Accounls and Reports)
Regulatlons 2008 requlres us to report to you if, in our opinion:
the information given in the Trustees, Report is Inconsistent in any material respecl with the ftnanclal
statements: or
sufficient accounting records have not been kept; or
the financial statements are not Sn agreement with the accounting records and returns; or
we have not receivecl all the information and explanalions we require for our audiL
Responsibillties of trustees
As explained more fulSy in the Trustees, Responsibilitl8s Stalement, the Trustees are responsible for the
preparation of the financial statements which give a true and fair view, and for such internal control as the
Truslees determlne Is necessary to enable the preparation of flnanclal statements that are free from material
misstatement, whsther due to fraud or error.
In preparfng the financial statements, the Trustees gre responsible for assesslng the charivs ablllty to continue
as a going concern, disclosing. as applicable. matters related to going concern and using the going concern
basis of accounting unless the Trustees elther Intend to Ilquidate the charity or to cease operations, or have no
realistic alternativ& but to do so.
Page 9

BETHESDA EVENTIDE HOMES
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BETHESDA EVENTIDE HOMES
(CONTINUED)
Auditor's responsibilities for the audlt of Iho flnancial statements
We have been appointed as auditor under s8Ction 144 of the Charities Act 2011 and report in accordance wlth
the Act and relevant regulations made or having effect thereund8r,
Our objectives are to obtain re8sonable assurance about whether the financial statements as a whole are free
from material mi5Statement, whether due to fraud or error, and to issue an Auditovs Report that includes our
oplnion. Reasonable assurance is a high l&vel of assurancè, but is nol a guarantee that an audlt con(lucted in
accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud. ar8 Instances of non-cornpliance wlth laws and regulatlons. We design procedur&s
In line with our responsibilities, outllned above, to detecl material misstatements in respecl of irregularities,
Including fraud. The extent to which our proce(lures are capable of detecting Irregularftles, Including fraud is
detailed below:
We identified areas of laws and regulations that could reasonably b8 expected to have a materlal effect on th8
financial stalements from our general charitable organisation experience and through discussions and enquiries
of Trustees and managemènt. Durlng the engagement team brlefing, th9 Outcomes of Ih8se discusslons were
shared with the team, as well as conslderatlon as to where and how fraud may occur In the Charity.
The following laws and regulatlons were IdentlfEed as being of signlflcance to the Charlty,
Those law￿ and regulations considered to have a direct effect on the financial stalements Including UK
financial reporting standards. taxation regulations and the Charities Act 2011.
The Charfty is subject to many other laws and regulations where the consequences of non-compllance could
have a material effgct on amounts or disclosures in the financial statements, for instance Ihrough the
imposition of fines or litigation. We identffied the following areas as those most likely to have such an effect.,
meeting requirernents implemenled by the Care Quality Commlsslon (CQC), health and safety, human rights
and employment law, food safety and GDPR compliance.
Audit procedures undertaken in response to the potentlal rjsks re181ing to irrégularities (which include fraud and
non-complianc8 with laws and regulations) comprised of.. enquiries of management and those charg8d with
governance as to whether the Charity complies with such regulations,. enquiries of manag8m8nt and those
charged with govemance conceming any actual or potential litigation or claims, inspection of relavant legal
documentation, review of board minutes, testing the appropriateness of entries in the nominal ledger. including
Joumal entries and the perfomiance of analytlcal procedures to identify any unexpected movements in account
balances which may be indicative of fraud.
There are inherent limitations in the audit procedures descrlbed above and the further removed non-compliance
with laws and regulalions Ss from Ihe events and transactions reflected in the financi81 statements, the less likely
we would beGome aware of it. Irregularities that result from fraud might be inherently more difficull to detecl than
irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements
may not be detected, even though the audit has been planned and performed in accordance with ISAS (UK).
A further descrlption of our responsibilities for the audlt of the financial ststements is located on the Financial
Reporting Council's website at: www.frc.or
.uklauditorsres
onsibilities. This description forms part of our
Auditorfs Report.
Page10

BETHESDA EVENTIDE HOMES
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BETHESDAEVENTIDE HOMES
(CONTINUED)
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 01 the Charities
(Accounts and Reports) Regulatlons 2008. Our audit work has been undertaken so that we might state to the
charity's trustees those matters we are required to slate lo them in an Auditorfs Report and for no other purpose.
To the fullesl extent permitted by law, we do not accepl or assume responsibility to anyone other than the charity
and Its trustees. as a body, for our sudtt work, for this report, or for the opinions we have formed.
Sumer Audltco Limited
Statutory Auditor
Fi12roy House
Crown Street
Ipswich
Suffolk
IP13LG
Dale: 7 August 2025
Sumer Audltco Llmlted are eligible to act as auditors In terms of $8ctlon 1212 of th& Companies Act 2006.
Page11

BETHESDA EVENTIDE HOMES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 DECEMBER 2024
Unrestrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Charltable activbtles
Investrnents
1,757.996
6,255
1,757,996
6.255
1.561,566
3.870
Total Income
1,764.251
1,764,2SI
1,565,436
Exponditura on:
Charitable activities
1,666,345
1,666,345
1.454.808
Total expenditure
1,666,345
1.666.345
1,454.808
Net movement in funds
97,906
97,906
110.628
Ro¢onciliation of funds:
Total funds brought forward
Net movement in funds
1,622,043
97,906
1,622,043
97,906
1.511.415
110.628
Total funds carrled forward
1,719,949
1,719,949
1,622,043
The Ststemenl of Financlal Activities includes all gains and losses recognised in the year.
The notes on pages 15 to 29 form part of these financial slatements.
Page 12

BETHESDA EVENTIDE HOMES
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Fixed assets
Tangible assets
10
1,221,357
1,167,250
1.221.357
1.167,250
Current assets
Stocks
Debtors
Investments
Cash at bank and in hand
11
12
13
620
620
27,438
90,324
481.711
26,960
87,044
403,134
600,093
517,758
Creditors: amounts falling due within onè
year
14
(101,501)
{62,965)
Net currenl assets
498,592
454,793
Total assets less current Ilabllltles
1,719,949
1,622.043
Net assets excludlng penslon asset
1,719,949
1.622.043
Total net assets
1,719,949
1,622.043
Charlty funds
Restricted funds
Unrestricled funds
15
15
1,719,949
1.622,043
Total funds
1,719,949
1,622,043
The financial statements were approved and authorisèd for issue by the Truslees on 21 July 2025
and signed on their behalf by:
Mrs Melanie Annstrong
Mr Paul Gooderham
The notes on pages 15 to 29 fomi part of these financial Statements.
Page 13

BETHESDA EVENTIDE HOMES
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 31 DECEMBER 2024
2024
2023
Cash flows from operating activitie5
Net cash used in operaling activities
190,647
148,652
Cash flows from invastlng actlvltSes
Purchasa of tangible fixed assets
Movement in cash investments
Interest received
(114,089) (111,425)
(4,236)
(24,357)
6,255
3,870
Net cash used In Investing activitles
(112,070) (131,912)
Change in Cash and cash equivalents in the year
78,577
16,740
Change In cash and cash equlvalents In the yèar
Cash and cash equivalents at the beginning of the year
78,577
403,134
16,740
386,394
Cash and cash equlvalents at thg end of the year
481,71 1
403,134
The not8s on pages 15 to 29 fomi part of these financlal statements
Page 14

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Accountlng polloles
1.1 Basls of preparation of flnanclal statements
The financial statemenis have been prepared in accordance with the Charities SORP (FRS 102) -
Accounting and Reporting by Charlt16s: Statèmènt of Recommended Practice applicable to charittes
preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) (effective 1 January 2019). the Financial Reporting Standard
8ppIic8ble in the UK and Republic of Irelané (FRS 102) and the Charities Act 2011.
The financial ststements have been prepared to give 8 'true and fairf view and have d&parted from
the Chaflties (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fairf view. This departure has involved following Ihe Charities SORP (FRS 102) published in
October 2019 rather than the Accounting and Reporting by Charities: Ststement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
Bethesda Eventlde Homes meets the definltlon of a publlc benefit entlty under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless othe￿iSe stated in the
relevant accounting policy.
The Chariws funclional and presentalional currency is GBP
1.2 Golng concern
After making appropriate enquiries and based upon the level of assets within the Charily, the
Trustees have a reasonable expectation that Ihe Charity has adequate resources to meet its liabilities
as Ihey fall due and continue in operational existence for the foreseeable fulure, being a period of at
least 12 months from the date of approval of these financi818tat8ments. For thls reason, th8 Trustaes
continue to adopt the going con￿rn basls in preparing the financial statements.
Page 15

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Accountlng pollcles {contlnued)
1.3 Income
All Income Is recognised once the Charily has entitlement to the income, It Is probable that the
income will be received and the amount of incorne receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probabllity of
receipt and the ability to estimate with sufficient accuracy the amount recelvable. Evidence of
entitlement to a legacy exists when the Charity has sufficlent evidence that a gift has been left to
them (Ihrough knowledge of Ihe existence of a valid will and the death of the benefactor) and the
executor is satisfied that the property in question will not be required lo satisfy claims in the estate.
Receipt of a legaGy must be recognised when it is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Charity, can be reliably measured.
Grants are Included in the Statement of Flnancial Activities on a r8c8ivable basis. The balance of
income received for specific purposes but nol expended during the period is shown in the relevant
funds on th& Ba5ance She6t. Where Incom8 Is received in advance of entitlement of receipl, its
recognition is deferred and included in creditors as deferred income. Where entitl&ment occurs
before income is received, the incorre is accrued.
Gifts in kind donated for distribution are included at valuation and recognised as income when Ihey
are distribut8d to the projects. Gifts donated for rèsale are included as income when they are sold.
Income tax recoverable in relation to donations recelved under Gift Ald or deeds of covenant is
racognlsed at the tlme of the donallon.
Income tax recoverable In relation to Investment income is recognised at the time the investment
Incom8 Is recelvable.
1.4 Expendlture
Expendlture Is recognlsed once there Is a legal or constructive obligation to transfer economic benefit
to a third party. it is probable that a transfer of economi¢ benefits will be required in settlemènt and
the amount of the obligation can be measured reliably. Expenditure is classified by 8Ctivity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking gach activity. Direcl costs attrlbutsb18 to a single activity are allocated dlrectly
to that activity. Shared Costs which conlribule to more than one activity and support costs which are
not altribulable to a single activity are apportioned be￿een those activities on a basis Consistent with
the use of resources. Central staff costs are allocated on the basts of tlme spent. and depreclation
ch8rges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
charIt￿S objectives, as well as any associated support ¢ost5.
All expenditure is inclusive of irrecoverabl8 VAT.
Page 16

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR TF4E PERIOD ENDED 31 DECEMBER 2024
Accountlng pollcles (contlnued)
1.5 Taxatlon
Th8 Charity is considered to pass the t88ts s6t out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains
recelved wlthln categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Sectlon
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
1.6 Tangible fixed assets and depreciation
Tangible fixed 8ssets costing £1,000 or morè 8r8 capitali88d and recognised when future economic
benefits are probable and the cost or value of the asset Gan be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed sssets are rneasured at Cost less accumulated depreciation and any accumulated impairment
losses. All costs Incurred to bring 8 tanglble fixed asset Into Its Intended worklng condltlon should be
Included in the measurement of cost.
Depreciation is charged so as to allocale the cost of tsngible fixed a8S8ts less their residual value
over thelr estlmated useful lives, using the straight-line method.
Depreciation is provided on the followlng bases:
Fr68hold property
Property Improvements
Motor vehicles
Furnlture and fittings
Equipment
1Y.
20D/o
10¥0
20Vo
1.7 Investments
Fixed asset investments ar8 a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value al the Bal8nc& Sheet date, unless Éhé value
cannot be measured reliab5y in which case it is measured at cost less impairrnent. Investm8nt gains
and losses, whether reallsed or unrealised. are combined and presented as 'Gainsl(Losses) on
investments, in the Statement of Financial Activities.
1.8 stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving slocks. Cost includes all direct costs and an appropriate proportion of fixed
and variable overheads.
1.9 Debtors
Trade and olher debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid nel of any trade discounts due.
Page 17

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
AGcountlng pollcles (contlnued}
1.10 Cash at bank and in hand
Cash at bank and In hand includes cash and short-temi hlghly liquid inv8Stments with a short maturity
of Ihree months or less from Ihe date of acquisition or opening of the deposit or similar account.
1.11 Llabllltles and provlslons
Liabilities are recognised when there is an obllgalion at the Balance Sheet date 8s a r&sult of a past
evenl, it is probable that a transfer of economic benefit will be required in settlement, and the 8mount
of the settlement can be estimated reliably.
Li8bilities a￿ ￿cogniSed at the amount thal the Charlty anticlpates it will pay lo settle th6 debt or the
amount it has received as advanced payments for the goods or services It must provide.
1.12 Financial Instruments
The Charity only has financial assets and financlal Ilabilities of a kind that qualify as baslc financlal
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement valuè.
1.13 Operating leases
Rentals paid under operating leases are charged to th8 Statement of Flnanclal Activities on a
straight-line basis over the lease tarm.
1.14 Penslons
Th8 Charlty operat9s a daflned contribution pension scheme and the penslon charge represents the
amounts payable by the Charity to thè fund in respect of the year.
1.15 Fund accounting
General funds are unrestricted funds which ar8 available for use at the discrelion of the Trustees In
furtherance of the general objectives of the Charity and which have not been deslgnated for other
purposes.
Designated funds comprise unrestricted funds that have been sel aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which havé been raised by the Charity for particular purposes. The c05ls of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is s&t out in lh& notes to thg financial statements.
Inveslment Income. galns and losses are allocated to the appropriate fvnd.
Page 18

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Critical accounling estlmates and areas of judgment
Estimates and judgments are contlnually eva5uated and ar8 based on historfcal experfence and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and judgements..
The Charity makes estimates 8nd judgements concerning the future. The ￿SultIng accounting esllmates
and judgements will. by definition, seldom equal the related aclual results. The estimates and judgements
that have a slgnSficant risk of causlng a materlal adjustment to the Ca￿ng amounts of assets and
liabilities within Ihe next financial year are discussed below.
Crltlcal areas of judgment..
Valuation of property. The freehold propety is valued at historical cost rather than valuation. This is on the
basis that it is held for long term use as part of the busin8SS.
Income from charilable actlvltleg
Unrestrlcted
funds
2024
Totsl
funds
2024
Income from charitable activities - Residential care fees
Income from charitable activities - Other Income
1,732,683
25,313
1,732,683
25,313
Total 2024
1,757,996
1,757,996
Unrestricled
funds
2023
Total
funds
2023
Income from charitable activities - Residential care fees
Income from charilable activilies - Other Income
1.538,679
22,887
1,538.679
22.887
Tolal 2023
1,561,566
1,561,566
Page 19

BETHESDA EVENTIDE HOMES.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Investment income
Unrestrlcted
funds
2024
Total
funds
2024
Inv8Stm8nt income - Deposit Account
6.255
6,255
Unrestricted
funds
2023
Totsl
funds
2023
Investment income - Deposil Account
3.870
3,870
Analy618 of expendlture on charltsble actlvltles
Summary by fund type
Unrestricted
fund5
2024
Total
2024
Direct costs
1,666,345
1,666,345
Unrestricled
funds
2023
Total
2023
Direcl costs
1.454,808
1,454,808
Page 20

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Analysis of expenditure by actlvitles
Actlvlties
undertaken
directly
2024
Total
funds
2024
Direcl costs
1,666,345
1,666,345
Activities
undertaken
directly
2023
Total
funds
2023
Dlrect costs
1,454,808
1.454.808
Analysis of direct costs
Total
funds
2024
Actlvities
2024
staff costs
Depreciatlon
Energy, water, Gouncil tax
Office fees etc
Facility maintenance
Equipment aXP8nditure
Garden
Food expenditure
Amenity expenditure
General supplies
Insurance
Training
Audit fee
1,305,273
59,982
36,099
30,117
76.837
13,932
5,800
52,482
30,473
22,362
10,914
10.134
11.940
1.305,273
59,982
36,099
30,q17
76,837
13,932
5,800
52,482
30,473
22,362
10,914
10,134
11,940
1,666,345
1,666,345
Page 21

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Analysis of expenditure by actlvltles Icontlnued)
Analysis of dlreGt Gosts (Gontlnued)
Total
funds
2023
Activities
2023
Staff costs
Depr8clatlon
Energy, water, council tax
Office fees etc
Facllity rnalntenance
Equipment expenditure
Garden
Food expendlture
Amenity expendlture
General supplies
Insurance
Training
Audil fee
1,121,359
45,668
32,233
22.417
83,032
20,297
3,439
49,676
27,702
21,202
9,615
9.248
8.920
1,121,359
45,668
32.233
22,417
83.032
20.297
3,439
49,676
27,702
21,202
9,615
9.248
8,920
1.454,808
1,454.808
Audltor's r8muneratlon
2024
2023
Fees payable to the Charitys auditor for the audil of the Charltys annual
accounts
8,500
7.600
Fees payable to the Charitys auditor in resp8Ct of..
The preparation of the accounts for the Charity
1.450
Page 22

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Staff costs
2024
2023
Wages and salaries
Social security costs
1,212,674
92,599
1,053,730
67.629
1,305.273
1,121,3S9
The 8verage number of persons employed by the Charity during the year was as follows:
2024
2023
No.
Charitable activites
Govemance
71
68
72
67
No employee r8celved remuneration amounting to more than £60,000 In elther year.
Key Management Personne
The Key Management Personnel of the Charity comprises the Trustees and Senior Management. Tha
total amount of employe8 b@neflls (including employer pension contrlbutlons and employers nalional
insurance contributions) received by Key Personnel for qualifying services to the Charity was £168,731
(2023- £155,437)
Trusteès. remuneration and expenses
Durlng the year. no Trustees recelved any remuneratlon or other benefits {2023- £NILI.
During the year ènded 31 December 2024, no Trustee expenses hav& bè8n incurred (2023 - £NIL).
No Truslees received any remuneration or olher benefits {2023 - £NIL-).
Page 23

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
10. Tangible fixed assets
Flxtures,
Original
Buildlng
fittings &
bulldlngs development equipment
Motor
vehicles
Total
Cost or valuation
At 1 January 2024
Additlons
85,113
1,476,951
48,523
259,734
52,371
1.821,798
114,089
13.195
Al 31 December 2024
85,113
1,525.474
312,105
13.195
1.935,887
Depreciation
At 1 January 2024
Charge for the year
36,732
852
406,450
33,533
211,366
22,958
654,548
59,982
2,639
At 31 December 2024
37,584
439,983
234,324
2,639
714,530
Net book value
At 31 Decèmber 2024
47,529
1,085,491
77,781
10,556
1,221,357
At 310ecember 2023
48,381
1,070,501
48,368
1,167,250
11. Stocks
2024
2023
Consumables
620
620
12. Debtors
2024
2023
Due wlthln one year
Trade debtors
other debtors
Prepayments and accrued income
16,167
763
16,468
10,508
10,492
27,438
26,960
Page 24

BEfHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
13. Current asset investments
2024
2023
Listed investments
90,324
87,044
14. Credltors: Amounts falling due within one year
2024
2023
Trade creditors
Other taxation and social security
Other credilors
Accruals and deferred income
13,330
22,522
4,858
60,791
9,580
3.328
50,057
101.501
62,965
Page 25

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
15. Statement of funds
Statement of funds - Current year
Balance at
31
December
2024
Balance at 1
January
2024
Transfers
Inlout
Income Expenditure
Unrestricted funds
Deslgnated funds
Maintenance Fund
Benevolent Fund
Legacy Fund
42,OOS
37,453
5,139
42,005
37,453
(5,139)
84,597
(5,139)
79,458
General funds
Generdl Funds - all funds
1,537,446
1,764,251
(1,666.345)
5,139
1,640,491
Total UnroStrl¢tsd funds
1,622,043
1,764,251 11,666,345)
1,719,949
Unrestricted funds
These funds relate to unrestricted Income to be used to support thè Charity's objectives.
Designated funds
The Maintenance fund was fomed to cater for large items of maintenance related expenditure which is
required from time to lime to maintain and improve the home.
The Benevolent fund was formed to allow the home to 8ssisI residents who may experien￿ particular
financial hardship.
The Legacy fund was formed from gifts left to the home, mainly from former resldents, to enrich the stay
of the residents by purchasing spécific items to enhance their period within the home.
Page 26

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
15. Statement of funds (continued)
statement of funds - prlor year
Balance at
31
December
2023
Balance at
1 January
2023
Income Exp8nditure
Unrestricted funds
Des5gnated funds
Maintenance Fund
Benevolent Fund
Leg8cy Fund
42,005
37,453
13,195
42.005
37.453
5,139
(8,056)
92,653
(8,056)
84,597
General funds
General Funds - all funds
1,418,762
1,565,436 (1,446,752) 1,537,446
Total Unrestricted funds
1,511,415
1,565,436 {1,454,808)
1.622,043
16. Analysis of net asset8 between funds
AnalysSs of net assets between funds - current period
Unréstricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current asseis
Credilors due within one year
1.221,357
1,221,357
600,093
600,093
(101,501) {101,50I )
Total
1.719.949
1,719,949
Page 27

BETHESDA EVENTIDE HOMES .
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
16. Analysis of net assets between funds (contlnued)
Analysls of net assets between funds - prlor perlod
Unrestricted
funds
2023
Totsl
funds
2023
Tangible fixed assets
Current assets
Credilors due wlthln one year
1,167,250
517,758
{62.965)
1,167.250
517,758
(62.965)
Total
1,622,043
1,622,043
17. Reconclllatlon of net movement In funds to net cash flow from operatlng actlvltles
2024
2023
Net income for the pgriod (as per Statement of Financial Activities)
97,906
110,828
Adjustments for:
Deprecialion charges
D8creas8 in debtors
Increasel(decrease) In creditors
Interest receivable
59,982
478
38,536
(6,255)
45.868
3,724
(7,498)
(3,870)
Net cash provided by operatlng aclivili8S
190,647
148,652
18. Analysls of cash and cash equlvalents
2024
2023
Cash in hand
481,711
403,134
Total cash and Cash equivalents
481,711
403,134
Page 28

BETHESDA EVENTIDE HOMES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
19. Analysls of changes in net debt
At1
January
2024 Cash flows
At31
December
2024
Cash at b8nk and in hand
Liquid investments
403.134
87,044
78.577
3,280
481.711
90,324
490.178
81,857
572,035
20. Operatlng lease commltments
At 31 December 2024 the Charity had commitments to make future minimum lease payments under non-
cancellable operating leases as follows:
2024
2023
Within 1 year
withln 2-5 years
Over 5 years
16,929
63.460
12.629
50,515
10,524
80,389
73,668
21. Related party transactlons
There were no related party transactions in the year ended 31 December 2024 (2023 - Nil).
Page 29