Bedford Pentecostal Church
Charity Registration No: 1054315
ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2024
Index
| Item | Page |
|---|---|
| Trustees Report | 1-6 |
| Independent Examiner's Report on the Accounts | 7-8 |
| Independent Examiner's Report to the Trustees | |
| and Church Council | 9-10 |
| Statement of Financial Activities | 11 |
| Balance Sheet | 12 |
| Notes to the Accounts | 13-16 |
Bedford Pentecostal Church Roise Street Bedford MK40 1JE
Registered Charity Number 1054315
Trustees' Report for the Year Ended 31st March
2024
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 Mrs. Sue Horwood Mr. Graham Arnold
Page 1
The Charity employs one full time Pastor- Josiah Masih and two part-time workers as managers in the 3:16 Charity Shop.
The charity's main agents currently are:
Bankers: National Westminster Bank 81 High Street Bedford. MK40 1NY
Independent Examiner: Luke Silver Accountancy & Taxation Services 25 Ellicombe Close, Minehead, Somerset. TA24 6DQ
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
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Structure and Management:
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:
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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.
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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.
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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:
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Church Environment
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Local Community
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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 an environment 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, Sunday School, 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: All Church meetings have been progressing well, and the Sunday Evening service is beginning to increase in attendance. The Tuesday Morning Prayer fellowship which is followed by coffee and chat has been immense blessing to all that attend.
The weekly prayer and Bible study continue to take place on zoom which makes it easier for some of the elderly to be part of the meeting.
The kids in the church have really developed with the new start of the kid’s club and youth club that takes place on a monthly basis. I am pleased to say the church overall is growing in attendance and we are
thankful to God’s blessing upon Bedford Pentecostal Church.
The highlight of year was the 60th celebration of the church building which took place in November 2023. People were invited that had been associated with the church over the past six decades, along with the current congregation and some local church ministers. This event was also attended by the Mayor of Bedford Tom Wootton and his wife.
Some of the things that had taken place over the sixty years of the church where celebrated. The radio work, television broadcast, the purchase of the Haven in Park Avenue ( home for the Elderly retired ministers and missionaries- which is now part of Pilgrims Friend Society as Dorothea Court ). The purchase of the Blarney Stone Pub across the road which is now the 3:16 charity shop. Also, projects that had taken place overseas in Uganda and Montana over the years, and the Italian and Asian fellowships that started from this church.
The whole event was well appreciated by all that attended, and we are so blessed with all that has taken place at the church over the last sixty years. In celebration of this event we produced some memorabilia, mugs and coasters which were given out to all those that attended. We finished the day with a lovely spread of food which was enjoyed by all.
At the Christmas carol service, we had a nativity play which was produced to a very high standard, with sound plus lighting and with the characters that took part presented at the end as if a film had been shown. This was well received by the congregation, and probably the best nativity play that we have had at the Church.
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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 two part- time managers and supported by ten volunteer workers. The opening hours are 10am - 4.00pm, Monday - Saturday. 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.
The coffee area in the rear part of the shop is progressing well and we now have volunteers helping to run this area.
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.
This year we also started serving breakfast every Sunday morning from 7- 8:30am near the local bus station for the homeless.
Christmas Dinner was also served at the Church to eighty people. Some were homeless and others in difficult situations.
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.
One Hundred and nine Christmas Shoe boxes was sent in December to Children round the world.
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:
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Select suitable accounting policies and then apply them consistently.
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Make judgement and estimates that are reasonable and prudent.
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Prepare the financial statements on the 'going concern' basis.
Page 5
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 6
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 2024
Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ
Mobile: 07710 456376
E-mail: luke-silver@puresilver.org.uk
Page 7
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 2024
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
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To keep accounting records in accordance with section 130 of the 2011 Act; and
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• 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: 10 December 2024
Luke Silver, HNC Business & Finance Accountancy Practitioner
Accountancy & Taxation Services
25 Ellicombe Close, Minehead, Somerset. TA24 6DQ
Page 8
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: 10 December 2024
Page 9
BEDFORD PENTECOSTAL CHURCH REPORT OF THE CHURCH COUNCIL ST FOR THE YEAR ENDED 31 MARCH 2024 ACTIVITIES REVIEW The financial results are set out in the enclosed accounts. The principal activity throughout the year under revi8w was that of the advancément of the Christian faith and the extension of the Kingdom of God. CHURCH COUNCIL MEMBERS J081ah Ma81h 6 Harrington Drive. Bedford MK418DB Tel: 01234 325446 Llnda Akran Flat 44 Oliver Court, Union Street. Bedford. MK40 2UU Slmon Glll 2 St Paul Road. Bedford. MK40 4NT Tel: 07838 377263 Paolo Capoluongo. 40 Putnoe Street, Bedford Mk418HN. Tel 07443 008010 Graham Arnold 32 Chiltern Avenue, Bedford MK419EH Susan Horwood 6 Lincoln Road, Shortsown, Bedford, MK42 OUX STATEMENT We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contaln a full and correct record of our flnanclal transactions and activities to the best of our knowledge and bellef. SIGNED ON BEHALF OF THE TRUSTEES ,,.k Fli Please print name: TosiR A MASI H Date: Page 10
Bedford Pentecostal Church
Statement of Financial Activities for the year ended 31st March 2024
| 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 01.04.23 Fixed Assets Transfers Fund Adjustment Fund Balances c/fwd at 31.03.24 |
Unrestricted Restricted Total Total 2024 2024 31.03.24 31.03.23 £ £ £ £ 106,739 0 106,739 115,895 11,713 0 11,713 30,984 29,125 0 29,125 25,632 651 0 651 236 |
|---|---|
| 148,228 0 148,228 172,747 |
|
| 61,650 0 61,650 59,402 12,535 0 12,535 7,837 0 0 0 477 31,344 0 31,344 26,145 |
|
| 105,529 0 105,529 93,861 |
|
| 33,325 0 33,325 120,849 4,341 0 4,341 5,977 |
|
| 37,666 0 37,666 126,826 |
|
| 143,195 0 143,195 220,687 |
|
| 5,033 0 5,033 (47,940) |
|
| 433,213 69,068 502,281 550,221 0 0 0 0 0 0 0 0 0 0 0 0 |
|
| 438,246 69,068 507,314 502,281 |
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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 75,314 70,281 0 0 75,314 70,281 507,314 502,281 Unrestricted Restricted Total £ £ £ 433,213 69,068 502,281 5,033 0 5,033 438,246 69,068 507,314 2023 / 24 2022 / 23 |
|---|---|
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Bedford Pentecostal Church
Notes to the Accounts for the year ended 31st March 2024
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 2024 2024 31.03.24 31.03.23 £ £ £ £ 26,163 26,163 29,598 80,576 80,576 86,297 0 0 0 0 0 0 0 0 0 0 0 0 |
|---|---|
| 106,739 0 106,739 115,895 |
|
| 7,828 0 7,828 7,841 2,572 0 2,572 2,464 100 0 100 0 1,213 0 1,213 20,679 |
|
| 11,713 0 11,713 30,984 |
|
| 29,125 0 29,125 24,845 0 0 0 787 0 0 0 0 0 0 0 0 |
|
| 29,125 0 29,125 25,632 |
|
| 651 0 651 236 |
|
| 148,228 0 148,228 172,747 |
Page 13
Notes to the Accounts
for the year ended 31st March 2024 (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 Youth & Juniors Sunday School Total Church Family Costs 8. Departments Departmental Expenditure Mens Activities Ladies Activities Total Departments |
Unrestricted Restricted Total Total 2024 2024 31.03.24 31.03.23 £ £ £ £ 48,479 0 48,479 47,939 8,800 0 8,800 7,871 1,638 0 1,638 1,638 2,383 0 2,383 1,604 350 0 350 350 |
|---|---|
| 61,650 0 61,650 59,402 |
|
| 528 0 528 87 273 0 273 1,829 4,883 0 4,883 1,751 325 0 325 0 5,504 0 5,504 2,020 494 0 494 353 300 0 300 0 200 0 200 194 0 0 0 1,588 28 0 28 15 |
|
| 12,535 0 12,535 7,837 |
|
| 0 0 0 0 0 0 0 0 0 0 0 477 |
|
| 0 0 0 477 |
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Notes to the Accounts for the year ended 31st March 2024 (continued)
| 9. 3 - 16 Charity Shop Rent & Rates Refuse Collections Water Electricity Gas Shop Overheads Insurances Telephone Salaries Pensions Licences Security Building Repairs / Services Furniture / Equipment Bank Charges Refreshments 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 Salary Cleaner Capital Building Expenditure Capital Building Purchase Total Establishment Costs |
Unrestricted Restricted Total Total 2024 2024 31.03.24 31.03.23 £ £ £ £ 442 0 442 867 673 0 673 431 466 0 466 627 5,073 0 5,073 3,000 0 0 0 0 332 0 332 1,150 0 0 0 0 511 0 511 751 20,012 0 20,012 17,443 2,015 0 2,015 1,010 344 0 344 0 670 0 670 670 0 0 0 0 0 0 0 130 237 0 237 66 169 0 169 0 400 0 400 0 |
|---|---|
| 31,344 0 31,344 26,145 |
|
| 1,941 0 1,941 924 2,571 0 2,571 3,598 488 0 488 309 5,805 0 5,805 7,172 2,461 0 2,461 2,263 641 0 641 1,278 1,627 0 1,627 770 698 0 698 1,861 3,246 0 3,246 3,250 209 0 209 171 1,540 0 1,540 1,120 12,098 0 12,098 98,133 0 0 0 0 |
|
| 33,325 0 33,325 120,849 |
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Notes to the Accounts for the year ended 31st March 2023 (continued)
| 11. Administrative Costs Salaries Stationery / Copying / Printing / Postage Child Protection Services Equipment / Software Copyright Licences Data Protection Telephone & Internet Professional Fees Publicity Bank Charges 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 2024 2024 31.03.24 31.03.23 £ £ £ £ 0 0 0 140 223 0 223 252 247 0 247 331 1,438 0 1,438 2,043 93 0 93 1,566 35 0 35 35 43 0 43 95 632 0 632 632 0 0 0 65 709 0 709 199 921 0 921 619 |
Unrestricted Restricted Total Total 2024 2024 31.03.24 31.03.23 £ £ £ £ 0 0 0 140 223 0 223 252 247 0 247 331 1,438 0 1,438 2,043 93 0 93 1,566 35 0 35 35 43 0 43 95 632 0 632 632 0 0 0 65 709 0 709 199 921 0 921 619 |
|---|---|---|
| 4,341 0 4,341 5,977 |
||
| £ £ 2024 £ 22,943 49,430 2,974 (33) 0 75,314 |
£ £ 2023 £ 7,916 57,912 4,196 257 0 70,281 |
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