CHARITY REGISTRATION NUMBER: 1109330
Bethel Presbyterian Church (Reformed)
Unaudited Financial Statements
5 April 2024
GORDON DOWN & COMPANY LIMITED
Accountants and business advisors
144 Walter Road
Swansea
SA1 5RW

Bethel Presbyterian Church (Reformed)
Financial Statements
Year ended 5 April 2024
Page
Trustees, annual report
Independent examinerfs report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements
10
The following pages do not form part of the financial statements
Detailed statement of financial activities
19
Notes to the detailed statement of financial activities
21

Bethel Presbyterian Church (Reformed)
Trustees. Annual Report
Year ended 5 April 2024
The Irustees present their report and the unaudited financial slatemenls of Ihe charily for the year
ended 5 April 2024.
Reference and adminislrative details
RegiSte￿d charily name
Bethel Presbyterian Church (Reformed)
Charily registration number
1109330
Principal office
Michaelston Road
Ely
Cardiff
CF5 4SX
The trustees
Mr l Hepburn (Elder)
Mr A Liddingion (Elder)
Mr J Hepburn {Elderl
Mr P Young (Deacon)
Independent examiner
Philip Harris
144 Walter Road
Swansea
SA15RW

Bethel Presbyterian Church (Reformed)
Trustees. Annual Report (continued)
Year ended 5 April 2024
Structure. governance and management
Governing document
Bethel Presbyterian Church (Reformed) is constituted under a Trust Deed dated 10 April 2005 and a
Conslitulion dated 14 October 2003. The registered charity number is 1109330.
Organisational structure
The Trustees who have served during the year and since the year-end are sel out on page 1 together
with other legal and adminislrative information. The church is ruled by its ordained elders. The
"Trustee" so called, is a custodial Trustee for property only.
Appoinlmenl and induction ol new truslees
The Truslees are elecled by the Elders. session. The Trustees are responsible for the induclion of any
new Trustee. This involves making them aware of a Trustee's responsibilities and of the nature of the
governing document and administrative procedures. A new Trustee would receive a copy of the
charity's Trust Deed together with a copy of the charitys latest Annual Report and Accounts.
Key management remuneration
The board of Trustees and the Elders, session are considered to be the key management personnel of
the charity. Details ol Trustee remuneration or other benefits are disclosed at note 12. Details of
Truslee expenses and related party iransactions are disclosed in notes 12 and 18 respectively.
Payments to other key management personnel are given al note 11.
Risk management
The trustees have conducted a review of the major risks to which Ihe charity is exposed. Where
appropriate, systems or procedures have been established to mitigate the risk the chariiy faces.
These procedures are periodically reviewed lo ensure they continue to meet the needs of the charily.

Bethel Presbyterian Church (Reformed)
Trustees. Annual Report (continued)
Year ended 5 April 2024
Objectives and activities
Objectives and aims
The object ol Bethel Presbyterian Church (Reformed) hereinafter called 'the Church. is to advance the
Chrislian Religion in accordance with the doctrinal slandards of the church.
Aims and powers
In furtherance of the above object the church shall=
lal establish and build up itself as a Christian church in functioning as custodian. disciple of and
witness to the truth of Holy Scripture:
Ibl declare the whole counsel of God as revealed in holy Scripture and summarised in the Subordinate
Standards of the Church-
Icl express Ihe Chrislian life within and oulside the fellowship of the Church-
Idl erect or acquire, maintain and. if necessary. dispose of such land and buildings as are necessary io
accomplish Ihe object. and for no other purposes than those consistenl wilh charitable status,.
lel engage one or more persons in paid employment
If) seek visible union with other churches. having the same. or a closely compatible. confessional basis
and form of government.,
Igl seek association. i.e.. fralernal or sister-church relations, other Reforrned or Presbyterian
churches subscribing to the Westminster Confession of Faith or the Three Forms of Unity li.e.. the
Belgic Confession, the Heidelberg Catechism and the Canons ol Dort) or a compatible Reformed
confession-
Ihl co-operate wherever possible, on a Biblical basis appropriate to each category, with olher Chrislian
churches and organisalions-
li} establish and maintain, according to the providence of God, such institutions and structures as will
provide for.. Christian education., Iheological training: care of the old and infirm., good works to be done
to all men and especially those of Ihe household of faith. and
') undertake the lask of church extension and foundation as the persuasion of Scripiure, providence
and the Holy Spirit direct and constrain.
Volunteers
While emplowng two staff the charity also has numerous volunleer helpers who are responsible for the
supwrt ol many activities in the church. It is not possible to place a monetary value on the
conlributions made by volunteers nor are figures available Ihal show how many hours ol service Ihey
provide.

Bethel Presbyterian Church (Reformed)
Trustees. Annual Report (continued)
Year ended 5 April 2024
Achievemenls and performance
Bethel Church promotes the Christian religion primarily bul not exclusively within the districts of
Michaelston and Ely in the City of Cardiff. When considering our activities for the year the Church has
considered the Commission s guidance on public benefit and in particular the specilic guidance on
charities for the advancement of religion.
We seek to enable ordinary people to live out their faith as part of our community through-
Worship and prayer- learning and underslanding the whole counsel of God as found in the Bible and
developing their relationship with and trust in the Lord Jesus Christ
Provision of pastoral care for people within our community
Missionary and outreach work.
To assist Ihis work rt is imF)Ortarrt Ihat we Tnaintain and as funds permtt develop the facilities wilhin the
Church building. Due lo Ihe pressure of increased numbers in the congregalion Ihe need for addilional
space, including parking, remains a matter lor concern. Following the demolition of the adjacent
school, the Church continues lo benefit from the use of the adjacenl children's cenlre car park. In
reports of previous years it was noted that the school site is subject to a comprehensive development
plan involving community facililies, old people's accommodation and a mix of residences. The Council
has embraced the vision of the Church's desire to expand its facilities and has faclored Ihat in as part
of the overall development plan. The final plan has now been submitted for planning approval. Further
progress on the Church's vision is dependenl upon suitable finance becoming available.
The period 6th April 2023 to 5th April 2024 has seen progress in the life of the church as indicated
below.
Development of Christian Life
As part of the church's commilment lo declare the whole counsel of God as revealed in Holy Scripture
and in its commitment to enable as many people as possible to worship at our church and lo become
part of the Christian Communiiy gathered al Bethel. regular public meetings of worship and teaching
have been maintained. The medium of Zoom continues to be used for those people who are nervous
or unable lo attend in person and continues lo reach others further afield.
Our seNices are publicised on a nolice board outside the church building and it is emphasised that all
are welcome lo attend. Sermons are also published freely on the church"s website. This has been
successfully revised during ihe year.
The children's woth both Sunday School and Friday night meetings met during the year and continue lo
attract both Church children and also children from the local community. Meetings lor teenage girls
and boys are held on a monthly basis, and have been lound very uselul both in building relationships
and dealing with the kind of questions teenagers face in this modern World.
The women s work has seen sustained activity this year with a monthly Bible study on Tuesday
evenings and a resumption of Ihe Thursday Lunchtime meeling. The study of particular books lo help
in understanding how to live as Christian women in today s society continues to be a central feature of
these meelings.
A men's meeling has commenced to facilitate closer fellowship through social interaction in an informal
and relaxed almosphere with occasional addresses from the Bible. The inlenlion is also to invile
friends and neighbours to share in Ihese occasions.

Bethel Presbyterian Church (Reformed)
Trustees. Annual Report (continued)
Year ended 5 April 2024
As part of our service lo the community our Easter Egg hunt and Summer funday were held during the
year.
The Church has renamed its regular Wednesday morning meetings as -warm Welcome
Wednesdays" offering people Irom the Church and the Community a place to meet and chal and enjoy
drinks and light refreshments at no cost.
During Ihe summer school vacation Ihe rneetings were held oulside, weather permitting, and a bouncy
caslle hired to encourage children and parents to attend.
During the year it was agreed that the Minister should undertake studies at the Union School of
Theology in order lo gain a Master's degree in Theology.
As part of Ihe Church's desire to serve the local community our Minister has undertaken assemblies in
local school and one of our members seNes as a school governor.
A programme of pastoral visitation and counselling was undertaken particularly by the Minister,
assisted by Ihe Elders of the Church. during the year to help and encourage Ihe Church Communily.
The Minister continued Prison visitalion during the year, meeting prisoners and holding services in the
Prison Chapel.
The Church also became a centre for an initiative called "Grand Avenues" in which the probalion
seNices meets ex offenders in a more informal context. the object of which is to gel them back into the
community and prevent reoffending.
During the year the Minister and his family successfully purchased a residence in close proximity to the
Church building.
The Church building remains available for use as a polling station for elections and has been used for
the public consultation meelings previously mentioned.
The Church building remains available for use by the local branch of the Women's Institute lor their
monthly meetings.
Ely continues to be identified as an area containing a large nurnber of underprivileged people and
within its resources the church continues lo reach out to help families or individuals in their diff iculties.
The church also recommenced its contribution to a local food bank to assist those in need.
The Church's annual business meeting took place on the 15th May 2024 when the budget proposed
for the year was presented, once again made possible by the generosity ol giving in the church.
A number of worthy causes were supported during the year as detailed in the notes of the accounts.
Elders of the church attended the regular meetings of the Presbytery of the Evangelical Presbyterian
Church of England and Wales during the year.

Bethel Presbyterian Church (Reformed)
Trustees. Annual Report {¢oJth*é)
Year ended 5 April 2024
Flnancial rgvièw
Going concem
Having considered bu(*Jet aThY cash llow pro1￿1￿)nS for the nexl iwefve months. the Trustees are
Gonli(kiil Ililil tlie Tiubl ￿[11 continue to rneet liab41tties as they lall due lor the loreseedLAE luLuie ¢atid
consKJer that there are no malwal urtertainties ats)ut Ihe Trust's abilty lo continue as a going
concern. 11 Is Iherefoie consNJergJ aFpropriaie t)y Ihe Tfusiees io Kyepare the financ￿ staiements on a
going concern basis.
Thè aco)unt* mmpty with the ￿￿ent St3hrt￿ ￿UireMentS and charitrfs oovÈmiryJ ￿￿￿1mP.rrtS.
Total incomrng resources for the year 01 £117.228 consist of donations recewed of £94,690,
associated tax refunds of £19.956, £200 for room hire, £699 01 interest arKI other i￿O￿e of £1,683. A
sMJnir￿ant proportion of the totsl eXF￿li1￿re of £125.429 relates to salaries ministry SL4¥N)rL
Incoming resources wefe excee(Jed by resou￿ expended by £8.201 (2023 expen￿1 resources
exceeded incoming resources by £11,8&31.
RoseThes policy
The 8ders have examined the I￿e1 of reserves hekl at the year end in light of the mwn risks facing
the organisation. A wlicy has been egt2btighod to mant￿n Iree resgrv9s gquivalont lo thrao month$,
operating Cosls. This is estimated to ￿ aFvoximalety £12.1)00.
The free reserves ol a chartty represent the funds Ihal 8Te freety avatlable lo spend. In calculating the
tree reseNes the Ekyers have deducted from the lolal of unrestr￿1￿£ funds any funds designated al the
year end and the net b￿k value of all taiYJible fixed assets as detai￿ in the accounts after adjuslillg
for assoc¢ated ￿)rrO￿ng. This ￿aVeS a surplus ol free reserves at 5 ApTiI 2024 01 £71.756 which is
£59.756 atrK>ve the target set by the Ekyers. The wlicy is rewthved by the tnjstees on an an onaoing
basis.
There were no unrestrthd furxls de￿gnated at the year end.
ao2lF
The trustees. annual rewjrt was aFproved on a.3.... . .......... ..... aThl gigned on behall of the board ol
trusiees ty..
A-L/L
Mr l HeFthm ( kleil
TTuslee

Bethel Presbyterian Church (Reformed)
Independent Examiner's Report to the Trustees of Bethel Presbyterian Church
(Refomied)
Year ended 5 April 2024
I report to the trustees on my examination of the financial statements of Bethel Presbyterian Church
(Refomied) ('the chariw) for the year ended 5 April 2024.
Respon8ibilttles and basls of report
As the truslees of the charity you are responsible for the preparation of the financial statgments in
aC￿rdance With the requirements of the Charities Act 2011 {'the Act,).
I re￿1 in respect of my examination of the charitys financial statements carried out under section 145
of the 2011 Act and in carrying out my eXaMinat￿n I have fc4lowed all the applicable DirectK)ns given
by the Charty Commission under section 145(5){b) of the Act.
Independent examinerfs sL*ement
I have cornpleted my examination. I confirm that no materlal matters have come to my attention in
connection with the examination glving me cause to believe that in any material respect:
a(xounting recor(Is were not kept in respect of the chartty as required by section 130 of the
Act", or
the financial statements do not accord wtih those records." or
the financial statem&nts do not comply the applicable requirements conceming the form
and content of accounts sel out in the Charit￿5 (Accounts and Reports) Regulations 2008
other Ihan any requ1￿ment that the a(zwnts give a Irue and fairf 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 cyder to enable a proper understandlng of the
accounts to be reached.
Philip HarrL8
Independent Examiner
144 Walter Road
Swansea
SA1 5RW
lots

Bethel Presbyterian Church (Reformed)
Statement of Financial Activities
Year ended 5 April 2024
2024
Unrestricted
funds Tolal funds
2023
Total funds
Note
Income and endowmenls
Donalions and legacies
Investment income
Other income
114,646
899
1,683
114,646
899
1,683
96,638
1,897
Total income
117,228
117,228
98,535
Expenditure
Expenditure on charitable activities
Total expenditure
125.429
125,429
110.418
125.429
125,429
110.418
Net expenditure and net movemenl in funds
{8,201)
18,2011
111,8831
Reconciliation of funds
Total funds brought forward
Total funds carried forward
368,079
368,079
379,962
359,878
359,878
368,079
The statement ol linancial activities includes all gains and losses recognised in the year.
All income and expendilure derive from continuing aclivities.
The notes on pages 10 10 17 fomi part of these financial statements.

Bethel Presbyterian Church (Reformed)
Statement ol Financial Position
5 April 2024
20¥J
Flxed assets
Tangib￿ fixed assets
14
288,120
282,330
Debtors
Cash at bank and in haThJ
15
20.748
12,991
74.139
75,013
88,130
Credilors: amounts falllng due within one ye
16
' 3.255
2,381
71.758
359,878
85.749
368.079
Totrl assels less current liabllllles
Funds ol the charity
Unrestrict&J funds
359.878
368.079
Total charity funds
359,878
368,079
Thes
ial statements were apy0v￿1 by the board ol trustees ￿ aulhoris&J lor issue on
..JS, ar￿ are swned on behaK ol the board br.
Mr A LKldington (Eklerl
Trijslee
The notes on pages 10 to 17 fonn W ofthpse fin￿￿1?1 statwrv

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements
Year ended 5 April 2024
General inforniation
The charity is a public beneff( entity and a registered charity in England and Wales and is
unincorwrated. The address of the principal office is Michaelston Road, Ely, Cardiff. CF5 4SX.
Slalement ol compliance
These financial stalements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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} (Charities
SORP (FRS 102)) and the Charities Act 2011.
Accounling policies
Basis of preparation
The financial slatemenls have been prepared on the historical cosl basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties aboul the charitys ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial
statements are consolidated into the financial statements of lenler narne of group financial
statements) which can be obtained from (enter detail). As such. advanlage has been taken of the
following disclosure exemptions available under paragraph 1.12 01 FRS 102-
(a) No cash flow statement has been presented for the company.
Judgements and key sources ol estimalion uncertainly
The preparation of the financial statements requires managemenl to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other faclors, including expeclalions of
future events that are believed to be reasonable under the circumslances.
Significant judgements There are currently no key judgements that management has
made in Ihe process of applwng the enlivs accounling policies that have a significanl effect
on the amounts recognised in the financial statemenls.
Key sources of estimation uncertainty - There are currently no key assumptions or other
sources of estimation uncertainty ihal have a significant risk of causing a material adjuslment
to the carrying amounts of assels and liabilities within the nexl financial year.
Income tax
The charity is exempt from tax on its charitable activilies.
10

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Accounling policies (conlinued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricled funds are subjecled to restrictions on their expenditure declared by the donor or
Ihrough the terms of an aweal. and fall into one of Iwo sub-classes.. restricted income lunds or
endowment funds.
Incoming resources
All incoming resources are included in the stalement of financial activities when enlitlement has
passed lo the charity: it is probable thal the economic benefits associaled with the transaction will
Ilow to the charity and Ihe amount can be reliably measured. The lollowing specific policies are
applied lo particular categories of income:
income from donations or granls is recognised when there is evidence of entillement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entillement is eslablished.
income Irom donated goods is measured at the fair value of the goods unless this is
impractical lo measure reliably. in which case the value is derived from the cost to the donor
or the eslimaled resale value. Donated facilities and services are recognised in the accounls
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
conlracted service. This is classilied as unrestricted funds unless there is a contraclual
requirement lor it lo be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricled.
11

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Accounling policies (conlinued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannol be fully recovered, and is classified under headings ol Ihe statemenl of
financial activities to which il relates:
expenditure on raising funds includes the costs of all fundraising activities, events. non-
charitable trading activities, and the sale of donated goods.
expenditure on charilable activilies includes all costs incurred by a charity in undertaking
activities Ihal further its charitable aims for the benefit of its beneficiaries. including those
support costs and costs relaling to the governance of the charity apportioned to charitable
aclivities.
other expenditure includes all expenditure Ihal is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated lo expenditure categories reflecling the use of the resource. Direcl costs
attribulable to a single activity are allocated directly to thal actlvlty. Shared costs are apportioned
between the aclivities they contribute to on a reasonable. justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cosl, and subsequently stated at cosl less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounls are recorded al the fair value at the dale of revaluation less any subsequenl
accumulaled depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairmenl Ihat has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amounl of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the slatemenl of financial activilies.
Depreciation
Deprecialion is calculated so as lo write off the cosl or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows-
Freehold property
Fixtures and fittings
Improvements to property
/0 Straight line
20°/o Straight line
/0 Straight line
Impairment ol lixed assels
A review for indicators of impairment is carried out at each retM)rting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, Ihe asset is impaired accordingly. Prior impairmenls are also reviewed for
possible reversal at each reporting date.
12

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Accounling policies (conlinued)
Impairment of fixed assets (Gontinued)
For the purposes ol impairment testing, when it is not possible to estimate the recoverable
amounl of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit lo which the asset belongs. The cash-generating unit is the smallest idenlifiable
group of assels Ihal includes the assel and generates cash inllows thal largely independent of the
cash inflows from other assets or groups of assets.
For impairment lesting of go¢)dwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated lo each of the cash-generating unils that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Financial inslruments
The Church only has linancial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured al Iheir settlement value with the exception ol bank loans which would be
subsequently measured at the carrying value plus accrued interest less repayments.
Defined contribution plans
Contributions to defined corrtribution plans are recognised as an expense in the period in which
Ihe related service is prowded. Prepaid contributions are recognised as an asset to Ihe extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be setlled wholly v￿thin 12 months of Ihe end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
Ihe period in which it arises.
Donations and legacies
Unreslricled Total Funds Unreslricled Total Funds
Funds
2024
Funds
2023
Donalions
Omerings
Gift Aid
94,690
19,956
94,690
19,956
83.254
13.384
83,254
13,384
114,646
114,646
96,638
96,638
Inveslmenl income
Unreslricled Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
Other interest receivable
Rent receivable
504
195
200
504
195
200
133
1,364
400
133
1.364
400
899
899
1.897
1,897
13

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Other income
Unreslricled Total Funds Unreslricled Total Funds
Funds
2024
Funds
2023
Other income
1,683
1,683
Expenditure on charilable aclivities by fund type
Unreslricled Total Funds Unrestricled Total Funds
Funds
2024
Funds
2023
Ministerial and pastoral activilies
Relationships with other churches
Theological Iraining activities
Bible club and outreach
Support costs
98,120
2,500
2,522
3,506
18,781
98,120
2,500
2,522
3,506
18,781
83,853
2,000
1,560
4,839
18,166
83,853
2.000
1,560
4.839
18,166
125,429
125,429
110,418
110,418
Expenditure on charilable activities by activity type
Activilies
undertaken Grant funding
directly of activities Support costs
Total funds
2024
Total fund
2023
Ministerial and pastoral
activities
Relalionships with other
churches
Theological training
activities
Bible club and outreach
Governance costs
81.737
16,383
17.109
115,229
99.381
2.500
2,500
2,000
2.522
3.506
2,522
3,506
1,672
1,560
4.839
2,638
1,672
90.265
16,383
18,781
125,429
110.418
14

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements (continued)
Year ended 5 April 2024
Analysis of grants
2024
2023
Grants to institutions
Christian Institute
EMF
Barnabas Fund
North East India
Nepal mission cause
Stewardship
Oxford Evangelical Church
OMF
Middle East Relugee Fellowship
Winter crisis appeal
500
500
500
1,500
500
516
10.000
1.000
500
500
500
1,075
500
500
15.016
3,575
Grants to individuals
Grants to individuals
1,367
3,331
Tolal granls
16.383
6,906
10. Net expenditure
Net expenditure is stated after chargingl{crediting):
2024
2023
Depreciation of tangible fixed assets
10.830
8,116
11. Independent examinalion fees
2024
2023
Fees payable to the independent examiner for=
Independent examination of the financial statements
1,524
1,524
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows-
2024
2023
Wages and salaries
Employer contributions to pension plans
60.209
4.960
58,370
4,370
65,169
62,740
The charity employed one person during the year.. the Minister. The total employee benefits of the
charity's key management personnel were £48.816 {2023 - £44,090).
The average head counl of employees during the year was 1 12023: 1).
No employee received employee benefits of more than £60.000 during the year {2023= Nil}.
15

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements (continued)
Year ended 5 April 2024
13. Trustee remuneration and expenses
No truslees received any remuneration or other benefits during the year ended 5 April 2024.
There were no trustees. expenses paid for the year ended 5 April 2024.
14. Tangible fixed assets
Freehold Fixlures and ImproveTnent
property
fittings
lo propety
Total
Cost
At 6 April 2023
Additions
338,718
22,468
14,271
76,701
2,349
437.887
16,620
At 5 April 2024
Depreciation
Al 6 April 2023
Charge for the year
At 5 April 2024
Carrying amount
At 5 April 2024
Al 5 April 2023
338,718
36,739
79,050
454,507
115,367
6,275
21,955
2,974
18,235
1 ,581
155.557
10,830
121,642
24,929
19,816
166,387
217,076
11,810
59,234
288,120
223,351
513
58,466
282,330
15. Debtors
2024
2023
Other debtors
20.748
13,991
16. c￿ditors. amounts lalling due wilhin one year
2024
2023
Other creditors
3.255
2,381
17. Pensions and olher post rel1￿ment benefits
Delined conlribution plans
The amount recognised in income or expenditure as an expense in relalion to delined
contribution plans was £4.960 {2023: £4.370).
16

Bethel Presbyterian Church (Reformed)
Notes to the Financial Statements (continued)
Year ended 5 April 2024
18. Analysis of charilable funds
Unrestricted funds
At
6 April 2023
At
Income Expenditure 5 April 2024
General funds
368,079
117,228
{125,4291
359,878
At
6 April 2022
Al
Income Expenditure 5 April 2023
General funds
379,962
98,535
(110,4181
368.079
19. Analysis of nel assets between funds
Unrestricted Tolal Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Nel assets
288.120
75.013
3,255
288,120
75,013
3,255
366,388
366,388
Unrestricted Tolal Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Nel assets
282.330
88.130
2,381
282,330
88,130
2,381
372,841
372,841
20. Related parties
The aggregate value of unconditional donations made by the Trustees in the year to 5 April 2024
was £22,498 {2023 - £23.605).
17