Docusign Envelope ID: 2A8D5B05-4B8C-4317-A04E-AD0983A6282F
Registered number: 1095131
BETTER LIFE ASSEMBLY BIBLEWAY CHURCH TRUSTEES REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2024
Westminster Accountancy Limited 9 Chapel Place Rivington Street London England EC2A 3DQ
Docusign Envelope ID: 2A8D5B05-4B8C-4317-A04E-AD0983A6282F
Better Life Assembly Bibleway Church Contents
| Page | |
|---|---|
| Church Information | 1 |
| Report of the Trustees | 2 |
| Accountants' Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 8 |
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Better Life Assembly Bibleway Church Church Information For The Year Ended 31 May 2024
Charity Number
Head Office
Pastors
Executive Committee (Trustees)
Accountants
1095131 Innovation Centre Medway Maidstone Road Chatham ME5 9FD
Pastor Philip Thomas Rev. Candy Thomas Irene Franchi Majorie Duncan Westminster Accountancy Limited 9 Chapel Place Rivington Street London England EC2A 3DQ
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Better Life Assembly Bibleway Church Church No. 1095131 Trustees’ Report for The Year Ended 31 May 2024
The trustees present their report and the financial statements for the year ended 31 May 2024.
1.Constitution
The constitution was adopted on 28 November 2002and amended on 9 April 2006.
2. Objectives
The church is a Pentecostal assembly based at Chatham to advance the Christian faith.
The Church provides motivational courses, youth conferences to teach people to lead non-believers to Christ and meet other Christians and have fun in the Lord. Women of Destiny courses to equip women and let them know that they are blessed by God, training and development classes to effectively educate and develop individuals, discipleship classes and power session to empower the believer. Better Life Assembly also runs a community Foodbank supporting families and children in the Medway towns.
3.Organisational structure
The Charity governing document stipulates that an executive committee of not less than three members who will meet twice a year with additional meetings when called.
The Church is led by Philip and Candy Thomas who report to the other trustees.
4. Trustees
Those who served during the ear were as follow:
-
Rev. Candy Thomas
-
Irene Franchi
-
Majorie Ducan
Trustees are recruited by personal recommendation and members are elected by majority vote of the members at the annual general meeting of the Church. Members are provided with appropriate training to undertake the role they will occupy within the church council.
5.Review of activities
Better Life Assembly remained a steadfast pillar of faith and community support, navigating a transformative year with unwavering dedication. Driven by a commitment to serve, the ministry deepened its outreach and broadened its impact through a series of impactful community initiatives the church organized workshops tailored for youth, focusing on skills development, personal growth, and spiritual guidance. These sessions aimed to equip young people with the tools needed for successful futures grounded in faith and character.
Ahead of the school year, Better Life Assembly provided backpacks filled with essential supplies to local students. This initiative helped alleviate the burden on families, ensuring that children were well-prepared for the academic year. Recognising the challenges many families face, Better Life Assembly extended its counselling services, offering emotional and spiritual support. Families received guidance and encouragement to navigate personal challenges with faith-cantered resilience. Focusing on spiritual growth and healing, the church organised quarterly prayer and healing services, open to all community members. These gatherings offered a space for renewal, healing, and strengthening in faith.
Through these initiatives, Better Life Assembly demonstrated a steadfast commitment to embodying the teachings of Jesus, striving to uplift and empower every member of the community. As we look toward the future, we remain dedicated to our mission of fostering deeper connections with God and each other, faithfully serving as a beacon of hope and love in all we do.
6.Public Benefit
The trustees believe that the objectives and activities set out above provide public benefit.
Signed on behalf of the Trustees
Candy Thomas 10/7/2025
| CandyDocuSignedThomasby:
Date
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Better Life Assembly Bibleway Church Accountants' Report For The Year Ended 31 May 2024
Report to the trustees on the preparation of the unaudited statutory accounts of Better Life Assembly Bibleway Church for the year ended 31 May 2024
To assist you to fulfil your duties under the Charity Act 2011 (the Act), we have prepared for your approval the accounts of Better Life Assembly Bibleway Church which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the church’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rulesstandards/acca-rulebook.html.
This report is made to the trustees of Better Life Assembly Bibleway Church, as a charity’s accounts carried under section 145 of the Act and following all the applicable Directions given by the Charity Commission under section (5)(b) of the Act, and, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Better Life Assembly Bibleway Church and state those matters that we have agreed to state to the trustees of Better Life Assembly Bibleway Church, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Better Life Assembly Bibleway Church and its trustees as a body for our work or for this report.
It is your duty to ensure that Better Life Assembly Bibleway Church has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Better Life Assembly Bibleway Church. You consider that Better Life Assembly Bibleway Church is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Better Life Assembly Bibleway Church. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Amelie Ngongo 10/8/2025
Date Westminster Accountancy Limited 9 Chapel Place Rivington Street London England EC2A 3DQ
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Better Life Assembly Bibleway Church Income and Expenditure Account For The Year Ended 31 May 2024
| Notes TURNOVER GROSS SURPLUS Distribution costs Administrative expenses OPERATING DEFICIT Other interest receivable and similar income DEFICIT FOR THE FINANCIAL YEAR |
2024 £ 64,332 64,332 (43,149) (25,036) (3,853) 3 (3,850) |
2023 £ 64,908 |
|---|---|---|
| 64,908 (45,794) (22,165) |
||
| (3,051) 1 |
||
| (3,050) |
The notes on pages 6 to 7 form part of these financial statements.
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Better Life Assembly Bibleway Church Balance Sheet As At 31 May 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 | 2,649 | 3,532 | ||
| 2,649 | 3,532 | ||||
| CURRENT ASSETS | |||||
| Debtors | 5 | 6,757 | 9,202 | ||
| Cash at bank and in hand | 85 | 30 | |||
| 6,842 | 9,232 | ||||
| Creditors: Amounts Falling Due Within One Year | 6 | (14,349) | (13,772) | ||
| NET CURRENT ASSETS (LIABILITIES) | (7,507) | (4,540) | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | (4,858) | (1,008) | |||
| NET LIABILITIES | (4,850) | (1,008) | |||
| RESERVES | |||||
| Other reserves | (1,008) | 2,042 | |||
| Income and Expenditure Account | (3,850) | (3,050) | |||
| MEMBERS' FUNDS | (4,858) | (1,008) |
On behalf of the Trustees
Candy Thomas | CandyDocuSignedThomasby: 10/7/2025
Date
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Better Life Assembly Bibleway Church Notes to the Financial Statements For The Year Ended 31 May 2024
1. General Information
Better Life Assembly Bibleway Church is a charity incorporated in England & Wales, registered number 1095131. The head office is Innovation Centre Medway, Maidstone Road, Chatham, ME5 9FD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on receipts and payments in accordance with section 133 of the Charities Act 2011.
2.2. Incoming resources
Collections are recognised when received by or behalf of the Church.
2.3 Grants receivable
Grants and donations are only included in the Receipts and Payments account when the Church has received them.
2.4 Resources used
Expenditure is recognised in the period in which it is incurred and allocated to the appropriate cost centre. Expenditure includes irrecoverable VAT
2.5. Debtors
Debtors are recognised at the settlement amount.
2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be reliably.
Provisions are measured at the best estimate of the amounts required to settle the obligation.
2.7 Funds
T he Church only maintains a general fund
2.7 Tangible Fixed Assets and Depreciation
Fixtures, fittings and office equipment. Equipment used within the Church premises is depreciated on straight line basis at 20%.
4. Tangible Assets
| Cost As at 1 June 2023 As at 31 May 2024 Depreciation As at 1 June 2023 Provided during the period As at 31 May 2024 Net Book Value As at 31 May 2024 As at 1 June 2023 5. Debtors 2024 £ Due within one year Other debtors 6,757 |
Fixtures & Fittings £ 60,435 |
|---|---|
| 60,435 | |
| 56,903 883 |
|
| 57,786 | |
| 2,649 | |
| 3,532 | |
| 2023 £ 9,202 |
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Better Life Assembly Bibleway Church Notes to the Financial Statements (continued) For The Year Ended 31 May 2024
6. Creditors: Amounts Falling Due Within One Year
| . Creditors: Amounts Falling Due Within One Year | ||
|---|---|---|
| Trade creditors Bank loans and overdrafts Other creditors Taxation and social security |
2024 £ 1 10,447 2,100 1,802 14,349 |
2023 £ - 10,470 - 1,000 2,302 |
| 13,772 |
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Better Life Assembly Bibleway Church Detailed Income and Expenditure Account For The Year Ended 31 May 2024
| TURNOVER Grants and subsidies received Other trading income GROSS SURPLUS Distribution Costs Storage expenses Hire and leasing of other assets Repairs, renewals and maintenance Marketing and advertising costs Administration and support costs Consumable items Depreciation of fixtures and fittings Administrative Expenses Staff entertaining Travel and subsistence expenses Rent Light and heat Insurance Printing, postage and stationery Telecommunications Website costs Accountancy fees Legal fees Other services Bank charges Charitable donations Entertaining Sundry expenses OPERATING DEFICIT Other interest receivable and similar income Bank interest receivable DEFICIT FOR THE FINANCIAL YEAR |
2024 £ £ 12,488 51,844 64,332 64,332 - 835 - 1,275 16,049 24,107 883 (43,149) 600 3,476 10,316 - 1,216 721 2,014 639 1,100 1,894 1,000 207 1,274 473 106 (25,036) (3,853) 3 3 (3,850) |
2024 £ £ 12,488 51,844 64,332 64,332 - 835 - 1,275 16,049 24,107 883 (43,149) 600 3,476 10,316 - 1,216 721 2,014 639 1,100 1,894 1,000 207 1,274 473 106 (25,036) (3,853) 3 3 (3,850) |
2023 £ £ 13,340 51,568 64,908 64,908 918 6,246 973 8,707 8,893 19,174 883 (45,794) - 4,292 4,790 2,000 949 107 1,379 3,650 2,850 10 450 162 987 73 466 (22,165) (3,051) 1 1 (3,050) |
2023 £ £ 13,340 51,568 64,908 64,908 918 6,246 973 8,707 8,893 19,174 883 (45,794) - 4,292 4,790 2,000 949 107 1,379 3,650 2,850 10 450 162 987 73 466 (22,165) (3,051) 1 1 (3,050) |
|---|---|---|---|---|
| 64,332 64,332 (43,149) (25,036) |
64,908 64,908 (45,794) (22,165) |
|||
| 600 3,476 10,316 - 1,216 721 2,014 639 1,100 1,894 1,000 207 1,274 473 106 |
- 4,292 4,790 2,000 949 107 1,379 3,650 2,850 10 450 162 987 73 466 |
|||
| 3 | 1 |
|||
| (3,853) 3 |
(3,051) 1 |
|||
| (3,850) | (3,050) |
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