**REGISTERED CHARITY NUMBER: 1052555**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
Bethel Christian Centre (The Dream Centre)
Daniel Sam Limited Chartered Accountants
61 Plodder Lane Farnworth Bolton BL4 0BX
Bethel Christian Centre
(The Dream Centre)
## Contents of the Financial Statements for the Year Ended 31 March 2022
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet||5||
|Notes to the Financial Statements|6|to|11|
|Detailed Statement of Financial Activities||12||
Bethel Christian Centre (The Dream Centre)
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The main objectives of the charity remain those of the proclamation and furtherance of the Christian gospel message.
## **Public benefit**
The board of trustees (known as the church council) is satisfied with the performance of the charity during the year and in planning the activities the trustees have had regard to the Charity Commission's guidance on public benefit.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Throughout the year under review, the principal activities have been those of Christian fellowship, the declaration of the Christian gospel and the promotion of Christian mission both nationally and internationally.
Together with other local churches, the charity has supported other Christian initiatives during the year.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The Church raises most of the general funds it needs to carry on its activities from within its own membership and congregation.
## **Reserves policy**
The trustees consider the level of reserves appropriate to the charity's needs.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
The power to appoint or remove a trustee is vested in the trustees.
## **Organisational structure**
The management of the charity is by a church council, which has the power, by simple majority vote, to appoint holding trustees who stand possessed of the property of the trust.
The current holding trustees are as follows: Mr A Duffield Mr D Warrington Mrs D Warrington
## **Wider network**
The charity remains in fellowship and relationship with the churches which form the Assemblies of God in Great Britain whose National Ministry is located in Mattersey, Doncaster, DN10 5HD.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1052555
## **Principal address**
King Street Droylsden Manchester M43 6TR
Page 1
Bethel Christian Centre (The Dream Centre)
Report of the Trustees for the Year Ended 31 March 2022
## **Trustees**
Rev A Higginson P Clark P A K Duffield
## **Independent Examiner**
Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX
Dec 6, 2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
Phil Clark (Dec 6, 2022 21:30 GMT) ........................................................................ P Clark - Trustee
Page 2
Independent Examiner's Report to the Trustees of Bethel Christian Centre
## **Independent examiner's report to the trustees of Bethel Christian Centre**
I report to the charity trustees on my examination of the accounts of Bethel Christian Centre (the Trust) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Gracian Daniel-Sam ACA Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX
Dec 12, 2022 Date: .............................................
Page 3
Bethel Christian Centre (The Dream Centre)
## Statement of Financial Activities
## for the Year Ended 31 March 2022
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
71,688
Investment income
2
38
**Total**
71,726
**EXPENDITURE ON**
**Charitable activities**
Ministry and mission
40,796
Other
31,780
**Total**
72,576
**NET INCOME/(EXPENDITURE)**
(850)
**Transfers between funds**
9
(1,263)
**Net movement in funds**
(2,113)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
304,427
**TOTAL FUNDS CARRIED FORWARD**
302,314|Restricted
fund
£
665
-
665
377
-
377
288
1,263
1,551
900
2,451|31.3.22
Total
funds
£
72,353
38
72,391
41,173
31,780
72,953
(562)
-
(562)
305,327
304,765|31.3.21
Total
funds
£
79,078
91
79,169
31,320
31,617
62,937
16,232
-
16,232
289,095
305,327|
|---|---|---|---|
The notes form part of these financial statements
Page 4
Bethel Christian Centre (The Dream Centre)
## Balance Sheet
## 31 March 2022
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
6
52,918
**CURRENT ASSETS**
Debtors
7
2,469
Prepayments and accrued income
-
Cash at bank and in hand
247,720
250,189
**CREDITORS**
Amounts falling due within one year
8
(793)
**NET CURRENT ASSETS**
249,396
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
302,314
**NET ASSETS**
302,314
**FUNDS**
9
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
-
2,451
2,451
-
2,451
2,451
2,451|31.3.22
Total
funds
£
52,918
2,469
-
250,171
252,640
(793)
251,847
304,765
304,765
302,314
2,451
304,765|31.3.21
Total
funds
£
55,026
7,065
2,327
241,622
251,014
(713)
250,301
305,327
305,327
304,427
900
305,327|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: Dec 6, 2022
## Anthony Higginson
Anthony Higginson (Dec 6, 2022 10:59 GMT)
.............................................
A Higginson - Trustee
Phil Clark (Dec 6, 2022 21:30 GMT) ............................................. P Clark - Trustee
Paul Duffield (Dec 9, 2022 18:53 GMT)
............................................. P A K Duffield - Trustee
The notes form part of these financial statements
Page 5
Bethel Christian Centre (The Dream Centre)
Notes to the Financial Statements for the Year Ended 31 March 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 6
Bethel Christian Centre (The Dream Centre)
## Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **2. INVESTMENT INCOME**
|**2.**|**INVESTMENT INCOME**|||
|---|---|---|---|
|||31.3.22|31.3.21|
|||£|£|
||Deposit account interest|38|91|
|**3.**|**TRUSTEES' REMUNERATION AND BENEFITS**|||
||Trustees' salaries|31.3.22
£
22,506|31.3.21
£
21,357|
||Trustees' pension contributions to money purchase schemes|492|502|
|||22,998|21,859|
The above remuneration is in respect of Rev A Higginson in his role as minister of the church and not in his role as a member of the church council.
Rev A Higginson is not part of any meetings involving discussions or decisions regarding his remuneration or terms of employment.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Ministry|31.3.22
31.3.21
1
1|
|---|---|
|Administration|2
2|
||3
3|
No employees received emoluments in excess of £60,000.
## **5. INDEPENDENT EXAMINER'S REMUNERATION**
The following amounts were payable to the Independent Examiner during the year:
- £540 to prepare the accounts in their final format and carry out the independent examination.
- £180 for payroll services.
continued...
Page 7
Bethel Christian Centre (The Dream Centre)
## Notes to the Financial Statements - continued
## for the Year Ended 31 March 2022
## **6. TANGIBLE FIXED ASSETS**
|Fixtures
Freehold
and
property
fittings
£
£
**COST**
At 1 April 2021
18,011
30,363
Additions
-
2,787
At 31 March 2022
18,011
33,150
**DEPRECIATION**
At 1 April 2021
-
25,222
Charge for year
-
1,586
At 31 March 2022
-
26,808
**NET BOOK VALUE**
At 31 March 2022
18,011
6,342
At 31 March 2021
18,011
5,141
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Tax
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**9.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.4.21
in funds
£
£
**Unrestricted funds**
General fund
304,427
(850)
**Restricted funds**
Restricted fund
900
288
**TOTAL FUNDS**
305,327
(562)|Computer
equipment
£
99,249
3,833
103,082
67,375
7,142
74,517
28,565
31,874
31.3.22
£
2,469
-
2,469
31.3.22
£
793
Transfers
between
funds
£
(1,263)
1,263
-|Totals
£
147,623
6,620
154,243
92,597
8,728
101,325
52,918
55,026
31.3.21
£
4,323
2,742
7,065
31.3.21
£
713
At
31.3.22
£
302,314
2,451
304,765|
|---|---|---|
continued...
Page 8
Bethel Christian Centre (The Dream Centre)
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **9. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
71,726
**Restricted funds**
Restricted fund
665
**TOTAL FUNDS**
72,391
**Comparatives for movement in funds**
Net
movement
At 1.4.20
in funds
£
£
**Unrestricted funds**
General fund
287,751
15,332
**Restricted funds**
Restricted fund
1,344
900
**TOTAL FUNDS**
289,095
16,232
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
78,069
**Restricted funds**
Restricted fund
1,100
**TOTAL FUNDS**
79,169|Resources
Movement
expended
in funds
£
£
(72,576)
(850)
(377)
288
(72,953)
(562)
Transfers
between
At
funds
31.3.21
£
£
1,344
304,427
(1,344)
900
-
305,327
Resources
Movement
expended
in funds
£
£
(62,737)
15,332
(200)
900
(62,937)
16,232|
|---|---|
continued...
Page 9
Bethel Christian Centre (The Dream Centre)
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **9. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|At 1.4.20
£
287,751
1,344
289,095|Net
movement
in funds
£
14,482
1,188
15,670|Transfers
between
funds
£
81
(81)
-|At
31.3.22
£
302,314
2,451
304,765|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**|Incoming
Resources
resources
expended
£
£|Movement
in funds
£|
|---|---|---|
|General fund|149,795
(135,313)|14,482|
|**Restricted funds**|||
|Restricted fund|1,765
(577)|1,188|
|**TOTAL FUNDS**|151,560
(135,890)|15,670|
## **10. RELATED PARTY DISCLOSURES**
Rev Anthony Higginson, a member of the church council, received wages and pension contributions totalling £22,998 (2021: £21,858) for his employment as minister and not in his role as a member of the church council.
Mrs Carol Higginson, wife of Rev Anthony Higginson, was employed by the church during the year and received wages of £4,160 (2021: £4,160).
During the year, £695 (2021: £2,785) was paid to a building maintenance business for various property repairs which was owned by Mr Ben Higginson, son of Rev Anthony Higginson.
Mrs Emma Duffield, wife of Mr Paul Duffield, was employed by the church during the year in an administrative role and received wages of £2,600 (2021: £2,600).
During the year, £2,125 (2021: £1,695 was paid to a website/graphic design business for goods and services which was owned by Mr Philip Clark, a member of the church council.
Mrs Andrea Clark, wife of Mr Philip Clark, was paid £765 (2021: £1,240) for administrative services in a self-employed capacity.
Mr Daniel Clark, son of Mr Philip Clark, was paid £1,080 (2021: £nil) to carry out property repairs for the church.
continued...
Page 10
Bethel Christian Centre (The Dream Centre)
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **10. RELATED PARTY DISCLOSURES - continued**
Mr Matthew Duffield, brother of Mr Paul Duffield, was paid £250 (2021: £nil) to provide catering services for a church event.
Page 11
Bethel Christian Centre (The Dream Centre)
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|General gifts and donations|736|2,046|
|Offerings and tithes|72,160|62,612|
|Gift aid|-|12,723|
|Conference receipts|(2,400)|-|
|Sundry income|1,857|1,697|
|**Investment income**|72,353|79,078|
|Deposit account interest|38|91|
|**Total incoming resources**|72,391|79,169|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Trustees' salaries|22,506|21,357|
|Trustees' pension contributions|492|502|
|Wages|6,758|6,760|
|Social security|-|(1,819)|
|Worship|2,644|733|
|Training|48|147|
|Gifts to other ministries|3,333|1,370|
|Outreach expenses|1,352|142|
|Youth and children work|535|332|
|Hospitality and pastoral care|3,505|1,796|
|**Other**|41,173|31,320|
|Travel and motor expenses|55|(277)|
|Printing, stationery and adver tising|652|2,189|
|Telephone and internet|2,156|2,528|
|Light and heat|6,090|5,324|
|Repairs and maintenance|8,410|4,466|
|Insurance|3,767|1,929|
|Professional fees|1,396|6,058|
|Sundry expenses|495|84|
|Bank charges|32|62|
|Depreciation of fixtures and f ittings|1,586|1,285|
|Depreciation of equipment|7,141|7,969|
||31,780|31,617|
|Total resources expended|72,953|62,937|
|**Net (expenditure)/income**|(562)|16,232|
||||
This page does not form part of the statutory financial statements
Page 12