## Bedford Pentecostal Church Charity Registration No: 1054315 ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2022 ## Index |Item|Page| |---|---| |Trustees Report|
1-5| |Independent Examiner's Report on the Accounts|
6-7| |Independent Examiner's Report to the Trustees|| |and Church Council|8-9| |Statement of Financial Activities|
10| |Balance Sheet|
11| |Notes to the Accounts|
12-15| ## **Bedford Pentecostal Church Roise Street Bedford MK40 1JE** ## **Registered Charity Number 1054315** ## Trustees' Report for the Year Ended 31 March 2022 Reference and administration information: The name of the Charity is Bedford Pentecostal Church; it is registered with the Charity Commission under the charity registration number 1054315. The Church Buildings are situated at: Bedford Pentecostal Church Roise Street Bedford MK40 1JE The 3:16 Charity Shop 2 Roise Street Bedford MK40 1JE The Trustees serving as at the date of this report: Mr. Josiah Masih Mr. Paolo Capoluongo Miss Linda Akran Mr. Simon Gill The Charity employs one full time Pastor- Josiah Masih and three part-time workers as managers in the 3:16 Charity Shop. Page 1 The charity's main agents currently are: Bankers: National Westminster Bank 81 High Street Bedford. MK40 1NY Independent Examiner: Luke Silver Accountancy & Taxation Services 12 Oliver Street Pontypridd Mid Glamorgan CF37 2RD Property/ Liability insurance: Kingdom Bank Ltd Through Brokers: Ansvar Insurance Ansvar House St Leonards House Eastbourne East Sussex. BN21 3UR Shop keeper's Insurance Allianz Insurance Plc 57 Ladymead Guildford Surrey. GU1 1DB ## **Structure and Management:** Page 2 Bedford Pentecostal Church has been affiliated with Assemblies of God in England since 1927, and was registered with the Charity Commission for England and Wales in April 1996. The church operates with model constitution with trust deed, which mentions, management of the Church by the church council, membership, appointment of Church officers, Pastoral office, records and accounts and an Annual General Meeting to be held where reports by Church officers are presented to the Congregation. The Trustees/ Elders meet regularly to make decisions and discuss the general aspects of the management of the Church, they take responsibility to ensure all necessary working procedures and policies are in place with regular reviews to conform to ongoing legal requirements. The Trustees believe that this report and accompanying accounts comply with the current charity law, taking into consideration the implications of SORP 2005, and the Charities Act 2011. ## **Objectives and Activities:** The objectives of the Church are for the benefit of the public: - To advance the Christian faith in accordance with the Statement in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit. - To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the Church Council from time to time think fit. - To advance education in such ways and such parts of the United Kingdom or the world as the Church Council from time to time may think fit. The activities of the Church are based on three pillars: - Church Environment - Local Community - Overseas Ministry **Church Environment:** The church mission statement is to give every man, woman and child the opportunity of understanding the gospel and to provide a church where they can grow and develop in ministry for the glory of God. Page 3 Various meetings in the church take place to provide the following: Worship Service, Kids Club, Youth group, Men's and Ladies Fellowship, Bible study and Prayer meetings. – The Congregation consists of people of different cultures English, Asian, African, West Indian, Italian, Philippines, Hungarian, Romanian, Iranian, and Portuguese that are united together in fellowship because of one faith in the Lord Jesus Christ. To accommodate some of the different cultures - there are house groups that meet for fellowship in the Punjabi and Italian languages. . **Activities:** This year has been largely spent building and putting into place activities that had stopped over the covid period. Slowly most of the meetings have all started again. The weekly prayer and Bible study continue to take place on zoom. In addition, two special worship/prayer evenings took place during the year. A visit also took place from Compassion Uk -and the Church made further commitment in sponsoring children in third world countries. Also Dr. Andrew Fox, a Bible teacher visited us from USA. Sadly, the Israel tour from the Church had to be postponed due to additional restrictions and requirements still in place for travel. We are hoping and looking forward for this to take place next year. The Church continues to support the activities in the community and also working along with Hope in Bedfordshire. Further maintenance work was carried out to the Church building. New energy sufficient lighting has been installed, new chairs purchased for the minor hall and window blinds replaced in the main sanctuary. ## **Local Community:** Every Wednesday morning, we are involved in Christian witness in the town centre and good relationships have been developed with the market stores and the general public. The 3:16 Charity shop: The shop is managed by three part- time managers and supported by volunteer workers. The opening hours are 10am - 4.00pm, Monday - Saturday. Previously located at 1 North Parade, Greyfriars. The current premises is on Roise Street was bought in 2012. This was a closed down Public House which has been completely gutted out and refurbished. It was opened in May 2014, by Richard Fuller, M.P. for Bedford and Kempston. In addition to sale of items, the shop provides support to the local Community, and items are at times given free to the less fortunate. In January 2016 we opened a coffee area in the rear part of the shop for customers and the public and we are hoping that this will add an additional asset to the work of the shop. Page 4 From time to time, financial support is given to local charities, as well as for projects overseas . The shop continues to serve the local community. ## **Overseas Ministry** Pakistan, India and Africa are countries where the Church have made connections over the years and continue to do so with ministry support. ## **Statement of Trustees' Responsibilities:** The financial statements have been prepared in accordance with applicable accounting standards and with current charity law in the form of ' Accounting by Charities ‘, the Statement of Recommended Practice (SORP), in order to give a true and fair view of the state of affairs of the charity and its financial results for the year. In preparing those financial statements, the trustees are required: - Select suitable accounting policies and then apply them consistently. - Make judgement and estimates that are reasonable and prudent. - Prepare the financial statements on the 'going concern' basis. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with relevant law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or any other irregularities. By order of the Trustees Josiah Masih (Trustee/ Chairman of the Church Council) Page 5 ## **BEDFORD PENTECOSTAL CHURCH** ## **ROISE STREET** ## **BEDFORD** ## **MK40 1JE** **Registered Charity: 1054315** ## **STATEMENT OF ACCOUNT** ## **AND** **INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] MARCH 2022** **Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ** **Mobile: 07710 456376** **E-mail: luke-silver@puresilver.org.uk** Page 6 ## **Independent Examiner’s Report on the Accounts** ## **Accrual Accounts** ## **Report to the trustees/members of Bedford Pentecostal Church** ## **Registered Charity Number 1054315** ## **On the accounts for the year ended 31[st] March 2022** ## **Set out on the following pages** ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and state whether particular matters have come to my attention. ## **Basis of independent examiner’s report** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements - To keep accounting records in accordance with section 130 of the 2011 Act; and - • To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act Have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Signed** _L A Silver_ ## **Date: 25 November 2022** Luke Silver, HNC Business & Finance Accountancy Practitioner Accountancy & Taxation Services 25 Ellicombe Close, Minehead, Somerset. TA24 6DQ Page 7 ## **Independent Examiners Report to the Trustees & Church Council** ## **Introduction** Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work. Therefore I will keep my comments to a minimum. ## **Charity Law and Financial Regulations** The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP). ## **Signing of Accounts** I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council. A spare copy is enclosed. ## **Conclusion** There are no other matters I feel need to be brought to your attention. Please do not hesitate to contact me for further clarification or for further assistance. ## **Luke Silver** ## **Date: 25 November 2022** Page 8 ## **BEDFORD PENTECOSTAL CHURCH** ## **REPORT OF THE CHURCH COUNCIL FOR THE YEAR ENDED 31[ST] MARCH 2022** ## **ACTIVITIES REVIEW** The financial results are set out in the enclosed accounts. The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God. ## **CHURCH COUNCIL MEMBERS** **Josiah Masih** 6 Harrington Drive, Bedford MK41 8DB Tel: 01234 325446 **Linda Akran** Flat 44 Oliver Court, Union Street, Bedford. MK40 2UU **Simon Gill** 2 St Paul Road, Bedford. MK40 4NT Tel: 07838 377263 **Paolo Capoluongo** , 40 Putnoe Street, Bedford Mk41 8HN. Tel 07443 008010 ## **STATEMENT** We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief. ## SIGNED ON BEHALF OF THE TRUSTEES > Please print name: JOSIAH MASIH Date: 30/11/22 Page 9 ## **Bedford Pentecostal Church** ## **Statement of Financial Activities for the year ended 31st March 2022** |Notes
**Incoming Resources**
Incoming Resources from donors
2
Other Income
3
3 - 16 Charity Shop
4
Investment Income
5
**Total Incoming Resources**
**Resources Expended**
**Charitable Activities**
Pastoral & Ministry Costs
6
Church Family Costs
7
Departments
8
3 - 16 Charity Shop
9
**Total Charitable Activities**
**Support Costs**
Establishment Costs
10
Administrative Costs
11
**Total Support Costs**
**Total Expenditure**
**Net Movement in Funds**
**Fund Balances b/fwd at 01.04.21**
**Fixed Assets**
**Transfers**
**Fund Balances c/fwd at 31.03.22**|Unrestricted Restricted
Total
Total
2022
2022
31.03.22
31.03.21
£
£
£
£
133,154
40,634
173,788
86,638
22,364
0
22,364
10,507
23,643
0
23,643
13,816
6
0
6
15| |---|---| ||**179,167**
**40,634**
**219,801**
**110,976**| ||54,559
0
54,559
51,841
4,734
0
4,734
3,519
250
0
250
123
20,103
0
20,103
26,025| ||**79,646**
**0**
**79,646**
**81,508**| ||50,275
0
50,275
21,493
6,242
0
6,242
4,645| ||**56,517**
**0**
**56,517**
**26,138**| ||| ||**136,163**
**0**
**136,163**
**107,646**| ||| ||**43,004**
**40,634**
**83,638**
**3,330**| ||**426,017**
**27,331**
**453,348**
**450,018**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**| ||**469,021**
**67,965**
**536,986**
**453,348**| Page 10 ## **Bedford Pentecostal Church** |**Balance Sheet**
**Notes**
**Fixed Assets**
Building Premises
Contents
Building Purchase
**Current Assets**
Debtors
Cash at Bank
12
**Current Liabilities**
Kingdom Bank Mortgage
**Net Current Assets**
**Net Assets**
**Accumulated Fund**
Balance brought forward
Funds Generated by Operations
**Balance Carried Forward**|**£**
**£**
**£**
**£**
270,000
270,000
52,000
52,000
110,000
110,000
0
0
118,221
59,725
0
25,142
**118,221**
**34,583**
**550,221**
**466,583**
Unrestricted Restricted
Total
£
£
£
439,252
27,331
466,583
43,004
40,634
83,638
**482,256**
**67,965**
**550,221**
**2021 / 22**
**2020 / 21**| |---|---| Page 11 ## **Bedford Pentecostal Church** ## **Notes to the Accounts for the year ended 31st March 2022** ## **1.Accounting Policies** (a) These accounts have been prepared on a accruals basis and include income which has been received or that is receivable at the year end. (b) The recommendations of charities SORP have been followed in the preparation of these accounts. |**2. Income - Church Giving**
Offerings
Tithes (Standing Order)
CAF / GA Donations
HMRC: Gift Aid Rebate
Donations
**Total Income - Church Giving**
**3. Income - Other Income**
Flat Rent
Flat Bills & Expenses
Weddings & Funerals
Miscellaneous
**Total Income - Other Income**
**4. 3 - 16 Charity Shop**
Counter Sales
Miscellaneous Income
HMRC Furlough
Bank Interest
**5. Income - Investment**
Interest
**Total Income**|Unrestricted Restricted
Total
Total
2022
2022
31.03.22
31.03.21
£
£
£
£
37,841
40,634
78,475
28,308
95,313
0
95,313
56,132
0
0
0
0
0
0
0
0
0
0
0
2,198| |---|---| ||**133,154**
**40,634**
**173,788**
**86,638**| ||7,133
0
7,133
7,776
1,726
0
1,726
1,717
0
0
0
0
13,505
0
13,505
1,014| ||**22,364**
**0**
**22,364**
**10,507**| ||18,259
0
18,259
4,361
5,384
0
5,384
495
0
0
0
8,960
0
0
0
0| ||**23,643**
**0**
**23,643**
**13,816**| ||6
0
6
15| ||**179,167**
**40,634**
**219,801**
**110,976**| Page 12 ## **Notes to the Accounts** ## **for the year ended 31st March 2022 (continued)** |**Expenditure**
**6. Pastoral & Ministry Costs**
Ministry Remuneration
Pensions
AoG Subs / Gifts
Ministry Expenses
Ministry Gifts
**Total Pastoral & Ministry Costs**
**7. Church Family Costs**
Books and Study Materials
Sound / Music Equipment
Conferences / Training
Flower Gallery
Evangelism / Outreach
Communion Costs
Missionary Work
Ministry Costs
**Total Church Family Costs**
**8. Departments**
Departmental Expenditure
Mens Activities
Ladies Activities
**Total Departments**|Unrestricted Restricted
Total
Total
2022
2022
31.03.22
31.03.21
£
£
£
£
43,214
0
43,214
41,938
8,175
0
8,175
6,377
1,638
0
1,638
1,688
1,332
0
1,332
1,788
200
0
200
50| |---|---| ||**54,559**
**0**
**54,559**
**51,841**| ||0
0
0
180
130
0
130
0
156
0
156
0
75
0
75
84
3,062
0
3,062
0
0
0
0
755
1,200
0
1,200
2,500
111
0
111
0| ||**4,734**
**0**
**4,734**
**3,519**| ||0
0
0
26
0
0
0
0
250
0
250
97| ||**250**
**0**
**250**
**123**| Page 13 ## **Notes to the Accounts for the year ended 31st March 2022 (continued)** |**9. 3 - 16 Charity Shop**
Rent & Rates
Refuse Collections
Water
Electricity
Gas
Insurances
Telephone
Salaries
HMRC: Tax & National Insurance
Pensions
Licences
Security
Building Repairs / Services
Furniture / Equipment
Bank Charges
Kingdom Bank Mortgage
Sundry Expenses
**Total 3 - 16 Charity Shop**
**10. Establishment Costs**
Electricity
Gas
Water
General Overheads
Insurance
Repairs & Renewals
Furniture & Equipment
Security
Catering Costs
Cleaning Materials
Capital Building Expenditure
Capital Building Purchase
Mortgage Repayment
**Total Establishment Costs**|Unrestricted Restricted
Total
Total
2022
2022
31.03.22
31.03.21
£
£
£
£
216
0
216
77
462
0
462
820
552
0
552
610
2,325
0
2,325
2,178
59
0
59
0
8
0
8
162
784
0
784
741
14,330
0
14,330
13,957
0
0
0
127
797
0
797
782
108
0
108
0
100
0
100
0
0
0
0
0
0
0
0
0
12
0
12
295
0
0
0
6,276
350
0
350
0| |---|---| ||**20,103**
**0**
**20,103**
**26,025**| ||861
0
861
797
1,355
0
1,355
727
215
0
215
470
40
0
40
1,069
2,002
0
2,002
1,872
467
0
467
2,226
0
0
0
355
1,641
0
1,641
1,265
768
0
768
245
450
0
450
36
37,830
0
37,830
6,431
3,103
0
3,103
0
1,543
0
1,543
6,000| ||**50,275**
**0**
**50,275**
**21,493**| Page 14 ## **Notes to the Accounts for the year ended 31st March 2022 (continued)** |**11. Administrative Costs**
Salaries
Stationery / Copying / Printing / Postage
Child Protection Services
Equipment / Software
Copyright Licences
Data Protection
Telephone & Internet
Professional Fees
Miscellaneous
**Total Administrative Costs**
**12. Cash in Hand & Bank**
Natwest Current Account
Natwest Business Reserve Account
Natwest Current Account No: 62139886
Cash in Hand
Mastercard|Unrestricted Restricted
Total
Total
2022
2022
31.03.22
31.03.21
£
£
£
£
1,531
0
1,531
0
606
0
606
78
129
0
129
194
818
0
818
857
1,176
0
1,176
1,454
51
0
51
35
106
0
106
823
580
0
580
784
1,245
0
1,245
420|Unrestricted Restricted
Total
Total
2022
2022
31.03.22
31.03.21
£
£
£
£
1,531
0
1,531
0
606
0
606
78
129
0
129
194
818
0
818
857
1,176
0
1,176
1,454
51
0
51
35
106
0
106
823
580
0
580
784
1,245
0
1,245
420| |---|---|---| ||**6,242**
**0**
**6,242**
**4,645**|| ||£
£
**2022**
**£**
28,943
84,417
4,709
152
0
**118,221**|£
£
**2021**
**£**
16,869
42,051
692
113
0
**59,725**| Page 15