REGISTCI RED COMPANY NUMBEI R,, 06421374 (fi i)glAiid Wales) REI GISTERED CHARITY NUTrIBEI R: 1122138 TRusfiLEs' RKPOR'f AND UNAUDTTFD IPINANCIAL &fATEMENTS riOR THE YILAR ENDJID 31 MARCH 2024 FOR IJESSACARR EVANGELICAL CHURCH Smlll) Cinv¢n (yo￿5b]i￿) Ui)Illed Sidiiigs Hoiise Sidiiigs Coui'l R￿ke￿ide Doii&isler Soiiih Yovksl)ir¢ DN4 SNU BESSACARR KVANCILLICAL CIIURCH COIII'ENTS 011 THE FINANCIAL STATfMENTS OR THE YCI AR llNDED 31 MARCH 2024 Rof¢i'tii¢e Adiiiliilsti'nllve DetAIIg Ti'iisteeBI Repoi'l lJidoi)￿7d￿1É IIxAiiilii¢i.18 R¢poi.I SfAleiiient of FIIiAii¢IAI A¢tlvltl 8tateiiieiit of Illiiftiltlftl Po81110 Nolo5 to tlio IlliiAiielAI StAtenitii(s 9 10 14 UESSACARII EVANGEtACAL CHURCH R&fERILNCB AND ADMINAsfRATIVE DrfAUS FOR THE YEAR ENDlllJ 31 MARCH 2024 'RUSTEI its H V AYth¢ti CN Axelby J A E(InK)nds A R Gooika'l]aiii (re8iw*d 10.5.23) M A H￿.¢￿v00d SJMair LaAPott PTan Co￿[PANy SECRETARY C N Axelby REGISTLtIlCi D ofi filCE Bes￿￿￿. Ilvangclical Cl)Iii'ch Bessncftrl Bes5a¢arr Doi)cThslei' &)iiili Yoi'kslii DN4 7PT RE(ylS'fERLD COMPANY NUMIILI R 06421374 (En8lnnd Wale8) nEcisTERE£D CHARITY NUMIICIR 1122138 INDEPENDENT EXAMINER Siiilili Crnveii (YOrkslii￿) Liiiiiled Sl(liiig6 House Sldiiigs Covrt Lak¢sld¢ Don¢nslei' Soulli Yoi'k8hliE DN4 5NU SOLlCI'ruH8 Aiillloiiy Colliiis Soli¢11￿$, Bi¥i)iii)gliai)i. BANIICRS Natioithl Wealnili)xlei', 12 Hlgli Street, DolicaAt￿., DN I I ED BESSACARR CI VANGELICAL CHURCH TRU￿£11￿4 REPOJiT IIOR'fHE YIGAR ENDIID 31 MARCH 2024 Tlie Ii'tssleos ivlio Are lllso directoiy of Ili¢ chorily foi. Ilte piirpose8 of Ilie Colnp￿nIC5 Act 2006, pr¢s¢t)I Ilieii. repoi'l iyilli Ilio fiiioiiciftl slat¢iiKii¢6 of t1￿ cliai'iiy foi. the yeai. ￿lded J l Mar¢li 2024. The Iriistecs liave n(Iopied Ili¢ i)rovisi0115 01, Accoiiiillng 8iid Ilepoiting by Cliaiiiles: Sialemenl of IieC￿l￿ne￿dt￿l Practice ai)pllcabl¢ lo cliarilies i)i'epai'li)g (heir ccoiithts in A¢¢orilAncc iviih Ili¢ Fil￿￿1¥1] R¢porlin8 Slaiidard appllcftbls itt th¢ UK attd R¢piibll¢ of lirlRiid (FRS 102) (¢ff¢¢tivo L JI￿li&1'Y 2019). OBJCI CTIVES AND AcfIviillS ObJ¢¢llvt$ thiiil nlii)s Tlie Coii)paiiy's Object is Ilio udvaii¢eiii¢iit nil￿V￿c[¢ iii tli¢ iVOFld of the Clwistian failli in a¢¢ord&ii¢o ivilli Ili¢ Slateiiielll of Failli. Piibllc beiicflt Tlic In181ees coilfiiii) Ibllt Iliey liav8 coiiwlied iviili Ilie diity lil tli¢ 8e¢tloii 4 of the Cliaritles Acl 2006 10 liave du¢ i'egoi'd lo Ili¢ C'liorlly Caiiii))Is￿O1I,S g¢i)eixl Biild8iice oji piibli¢ bejielll, Tli¢ purpose of Ilie Cliailty Is ¢Jislirliied lii118 objec18 as outlli￿￿ 8bove. Tli¢ l¥ustc¢s ei18111'e Ili&l Ilils As cArried 4)ul for tllo publlc buKfil. Bri C AiiiiuAI Rei)ovi 2023A4 We conlliiiie lo prllisc Qo¢l for l?18 goodness and faiihthlnu8 over Ihe pil81 yeoi.. 48und8y i1￿1"nIng Èervlces CODlliiiie lo niii lit Hall CLilSS Iilojig ivlili vai'ioiis Siiiiday 8¢hool groiips (Crknli¢, S¢A Advuilutrr8 Rnd Axis). Tli¢ Blble le&elilll8 l)08 iiicluded s¢ri¢s In Fs11￿. 2 C￿.1￿1h1￿￿6 and Luk¢. Tli4 Suiidny evei)i118 8ervlc8 alxo ¢oiiliiiue4 at BEC. Parl of 8ervleK in¢lud¢s a niliii¥liy ui)dit8 8lot ivliei'e ive lieni, t]Diii o Ilii&810111)ftrliiei' oi. sonKone iii Ilie ¢liweli foniily ivho is ljivolyed iii a spe¢ifi¢ cliiii'cli iiiii)i81iy. We Also sel a8ldc servlce5 froiii Iliii¢ 10 Ilillo lo look fil a 'Bi8 Issue, ThlKI s¢¢ lioiv Ili¢ Bible spe8ks into 11; lopi¢$ iiiolud¢ Pollil¢s ¥¢i)d Foi'giveiies8, PIByei' i)ieeilii8x ¢oiiliiiuc oil Wedi)e8day liiiiclitini¢, Friday li￿1.￿1118 YIA ZOOI)) aiid Ilie IA&i Thti)8day of every i)M)iilli foi. Allogellier Pray¢i'. BEC coiili1111¢8 lo prAyeYfylly fiiiancllllly $iipporl a vnyicly of lili581￿1 ivork bolli At lioii)¢ Aiid Rbi'oid, Sii)nll groiips cotiiliiiie lo In¢¢1 Iii N v8rlety of dltr¢Yen( lo¢alioi18 Ihrou8lioiit IliB wc¢k. Over Ilie i)Asl ycilt, Iv¢'v¢ studied I TIIcsstslonIAi￿, Proveybs nnd Toiiy Mci'ldv4'6 book'Lvv¢ Yoiir Chur¢li.' Tl)¢ ¢liiiKcl) coiilliii￿s lo se¢k lo coiineel ivilli ftiid seivo tlie coll￿)1V71ty, Tlie Opeii Ilio Book t¢Aiii dellvers n8soillblte& nl fouy I￿￿1 i)rii))aiy Rchools. Xcli¢, Igiiile aiid Crossover, ts￿r chil¢Ji'eii'$ aiid yoiiib ¢liib, coiiilnu¢ ivilh a good iiuiiib¢r of yoiill8 peopl¢ ftDii) Ilie coiiiiiiiiility niid cl)Iii'cl) fai)1Sly. W¢di)esdAy F¢lloiYsl)Ip ii)eoi8 1)ioiillIly lo siipi)oi'l goiiior8 iyillilii Ilie clhlll'eli foiiiiSy hiid eoiiiitiiittlty. Tlie iveekly Cothi)IUlllty Coffe¢ Morjiliw eoi)Ilnu¢s to iiieel ev¢ry Wednesday niid Is allia¢lliig iiioi¢ folks fioiii Ilie vlcinlty. Tlie 81arr te&i)I, Blders llnd De&coi)s reiiwill uiicliuiiged froin year. Tlie cliiircli coiitiihiies lo thke its sRf¢8iiRrdlng 1'&81)niisibilliley vci'y 8ei.l0iisly. TIIIS illLliides iiiiiniiiy feAiiardliiE IY•ii1ii)g scssi0118 for r¢l¢vaiit i)iei)Iboit of Ili¢ diuiEII rniiilly, Tlie oliiii'cS1% fii)fiii¢lAI posilioii coiiliiiiies lo b¢ lie4111)y due lo Ilie 8eiioi.osity of Ilie coiiw'cgnlioii. lil nll 11)11188 ive conliniie lo look lo God for 811idnn¢o al￿ 8e¢k lo lioiioiii. Iili)I lil all we do. IrJNANCIAL RfiVIEW Ros¢i'Yes volley 11 is Ilie I'iwslees, i)ollcy lo ii)Thliil#iii N geiTr¢tYI eqiiivftlent to at lefi816 IiKJllllis of aiilicii)&l¢d g¢iiei'o16xpeiidlluir. At 3 1st M#i'cli 2024.111¢ 8¢n¢r&l fiindg stood al £199,798 (exeliidiiig fixed assets). Tliis ￿PIeS01)IS llpiJi'oxln)Alely10 iiioiillK4 of ￿lI1¢1p￿ted ge1￿1.￿1 expei)dlture. Pnge 2 JIESSACARR EVANGELICAL CHURCH TRusriLItSl Rct PORT FOR THE YEAR ENDED J I MARCH 2024 FINANCIAL REvl￿w Coliig eoiieei'n T1￿ fiiiaiicial 8lftt¢inellts li&v¢ beeii prepnyed oji a Boii)B ¢on¢u'n bosis. The tritslees ha￿ Co1￿￿dered ilie level or ruiid8 Iield uiid Ilie expected level of incoiiio nlld exi)oiiditui'¢ for 12 iiithiilis rtotti uuilioi'isiilg Ili¥se finaiiclul slolenieftits. Tlie biidgel¢(I tiicoiiie ¢xpoiidiliiYe 18 sU￿1Cl¢ll1 ivilli Ihc level of resorvcs for Il* cli8YiLy lo b¢ able lo coiiliniie ns a goliig eollCeLII. $I'RuCTu￿, COVERNANCE AND MANAGEMfttlY Govei'iiAIicc Tli¢ cliarliy 18 ¢Olltiolled by 118 goyeilling documeiii, a deed of Inist, Aiid ¢￿)StItUteS a liii)tted cojiipitiy, liiiiile(I by guaraiilee, a8 defiiied by ilie Con)paiiie5 A¢t 2006. Tlie Cl)ul￿]1'S gove¥i)li￿ docuii*iils its stftteiii¢iil of Ffiilli and lh¢ Meilioixiidiini )iid Aillcles of Asso¢ialioii of Bessncayr Ev&i)gollcal Cliur¢li. Uiidoi. clthi'iiy laiv, Ilie Rld¢r8 aiKI Mliii81er8 of Ilie cliur¢li ar¢ Thisleeg al￿ ir¢ ele¢l¢d by Ilie cliuirli i1)ei)Ibotslilp, Tl)o eld¢rs coiilliiue Io 8¢iva iii Iliis ¢DI)&cily iiiilil Ihey Irsign by virlito of Rge or illiie8Y. Tli¢ Coiiipaiiy membeiE Rfe Ilie Ti'iislees, Ilie ele¢l¢i118 proper accounting reco1￿* ivliidi disclo80 ivilli YeRsoiiAbl¢ ac¢ui'ftcy At ally linie 11)e fliifiii¢lAI pcJ8111011 of Ilic ¢11o1'il8bl¢ coiiii)w)y &i)d lo eiiable Ilieih to eilsiirc IliAI Ilie fiiiuiiclnl 8lai•iieiils ¢oii)ply ivilh 11)e Coii)i)aiiles Act 2006. Tliey ai'¢ n180 Y&gpoivJlblc foi- yaf¢giwi'diii8 Ilie Asgels of IIK chRrllAbl¢ coii)paiiy liciico roy IAklng ieasoiiabl¢ $l¢ps for Il)e vi￿ve1)ll01) oiid d¢leciloti or rimiid fjnd ollicr inrgiilaritics. 0911212024 Approved by oidei. of11)e boDYd of INstce& oh .....,................ . lid 8L8￿￿ on118 bel)alf by: IDÈtg, 1014 1?,'53 C N Axelby- Tiu&l¢e PAg¢ 4 INDEPENJ)EI NT XAIMU+lERIS R]IPORT TO THLt TRUSTIIES OF BEI SSACARII LI VANGEI LICAL CHURCH Itidei)eiideiil eY*iJiliter's i'epoi't lo tlio lYu&teeK of llemfieai'i. Evfiiig¢lleAI Cliuiili {'Ilio Conii)Ally ) I reyoi't lo Ilio cliai'lty Iwslees iiiy exoiiiiii&lioJi of11)6 accounts ofilie Coii)paiiy for tli¢ ye¢1r ended 31 Marcli 2024, Resyoiislbllllles aiid lithsls of I'eyoyt As Ilie cliarity's Iriislees of Ilie Coi)IPAlly (Aiid also ils direclor8 for Ilic i)un)08es of ¢oiiipally14iv) you nre re&poii%ible eor Ilie I>LeparJlioi) of Ilie accoiii118 in aecottlane¢ ivilh t1￿ requir¢iii¢llts of11)e Conipaiiies Act 2006 ('11)e 2006 Ad,). 14nviiig salisfied i￿￿]r Il)at t1￿ ￿¢￿11)ts of the Coiiipniiy al'c iiot rcqiii¥cd lo bc Rudilcd iind¢i P8rl 16 of Ilie 2006 A¢1 aiid aTe eligibl¢ foi. independent exllniiiihlion, l i'¢port iii w&pe¢l of iiiy ¢xomiiiAlion of youi. cfrifirills ficcounls ns ¢ai'rl¢d oul iiiid￿. Seclioii 145 tl)¢ Cliai'ilies Aol 2011 cllic 2011 Act,). Iii ￿KAY111g oul my exa1))ii￿{io1l I l)ave folloived Il DiiEctioi￿ giveii by Ilio Clioiity Coiiui)ission under Sectioii 145{5) (b) ot Ilie 2011 Act, liitl¢i)eiideiil exThJiiliiei s slAleiiiei)I I liavo coiiipleled lily exaiiiii)nlioii. l c￿lfiNi) ilial iio i)iall¢rs Imve Con￿ to ii)y alleiilioii ill ¢oi)i)e¢lioJ) Ivilli Ihe ¢xai)Ili)niloii 8lvliig iiie cause lo believe.. accoiiiitiiig rccords ivere nol kept iii respecl ofili¢ CoDipaiiy fi5 required by Scetith1386 of 111¢ 2006 Acl. ui. Ilic uccoiii)Is do iiot uccoi-d iviili Iliose reco1￿8. ur Ilio uccoiiiilu 410 t￿( eoiiiply ivilli Ilio R¢¢ouiiliiig yeqibiroii￿1lls of S¢eAioti J96 of 111¢ 2006 Act oiller I1￿11 niiy Itqiiir¢iiieiil Illal th¢ &ocoiiiil8 8lv¢ A liii¢ aixl fall. vl¢iY wlilcli is nol a niattcr ¢0118id¢r¢d a8 Prtrl ofaii IiMlcpthid¢iil exAii)iiinlion' or its¢ &eeounl8 IIAve iiol be¢D yrepRird ltt aeconlni￿e ivldi die meiliods alld wiii¢lp1¢6 of lh¢ SlotthiKii( or lie¢oiiu)i¢iided Pi'A¢il¢o fai. necouiiluig aiid wepoi-liiig by ¢118Yilies (8pI)licnble to chai'lii¢5 prepiiri118 11)¢ii' llccouiil8 lil n¢eordaiic¢ wlili Ilie fiillnll¢lal Rep￿*1118 sthI￿Ard thpi)li¢oble iii the UK iwid Republ1¢ 0[￿¢1￿1)d (FIIS E02)), I liave no ¢oii¢ei'ii8 niid hftve conie a¢¥4)ss ollier n)filler.8 in ￿litIe¢ll01) Ivllh Ili¢ ¢xAiiilii&lioi) (o ivl)l¢l) altei)Iloii glioiild be droiwi iii Iliis report in oid¢r lo enable a pwoper iJndersl8lldiiig of Il)e 8c¢oiiiil$ lo be I'uolicd. Claire Doclierly IDec 11, 2024 12.. GMT) Claiir Dooherty FCCA 8iiiilli Craven (YoYksliii*) IAiiiiled Sldlii8s Ilouse Sldli)88 Coiirt Lak¢sldo Daiwllsl¢i' Soiiili YoKksliii'e DN4 5NU .1..11..1.212Q24...., Page S BESSACARR EVANGELICAL CHURCH STATEMENT OIT FINANCIAL AcfiviTll(S FOR THE YEAR ENDKD JA ￿lARCH 2024 2024 iltti'osti'leteil fuiid 2023 Total nds Notc5 INCOM￿ AND ENDOIVMLNTS IfROM Doiintlons & offeri 205,972 229.863 Iiivesli)Iciil Iiicoille ,S75 349 TotAI 207,547 230,212 I XPJLNDI'fuRE ON Clifii'ltnble Aellvllle8 Mlnislry> Youll) Ivoi'k & 011￿. 223,30J 251,144 Ilxc¢ytioiiAI 8,292 Totnl 231,S95 251.144 NET INCQMIU(EXPICNDII'UR (24,048) (20,932) RICCONCILIATION OF IIUNDS Tolol fiiiids biL)iiglit forlvai'd 372,906 39J,838 TOTAL IfuNDS CARRIED ttORWAttD 348,8S8 372,906 Tlie noles forlli part of thes¢ fiiiaiicial sthl¢ii)¢iils PuE¢ 6 13ESSACARII EVANGELICAL CHURCH STATEMEiYf 011 FINANCIAL posrrioN JA MARCH 2024 2024 Total fuiids 2023 Tolal fiiiid$ Notes FIXED ASSKTS Taiiglblts asset8 10 149,060 150,295 CURRENT ASSETS D¢bioi% IIiY¢s1111¢11ts Ct)sli Ml bniik 10,156 96,542 94,885 11,766 94,707 117,923 12 201,583 224,396 c1￿1D1'fO￿S Aiiioiiiits fallliig diie ivlihlii one year 13 <1,785) (1,785) NLI T CURRENT ASSETS 199,798 222,611 TOTAL Ass￿rS LLSS CUEiiiENr LIABILITIVS 348,858 372,906 NET ASSEITS 348,858 372.906 riUNDS Ui)Keslricted fviid8 14 348,858 372,906 TOTALFUNDS 348,8S8 372,906 Tlic cliAI'lliibl¢ coiiipniiy18 ciiillled lo ¢xeJiiplion froiii #iidll iindor S¢¢llon 477 of Ilio CoiMpat)les Acl 2006 foi. t1￿ yeor elided 31 Marcli 2024. Tl)¢ iiieL)Ibeis l)nve iiot irqiili'¢d Iho eoiiwaiiy lo obifiiii llii &udil of ils finAii¢inl $ldl¢niel￿S foi, IIK year elided 31 Mhrdi 2024 iii 4ccordRiice ivllli S¢¢lioii 476 of lkn¢ Coii)paiJies Act 2006. Yli¢ (riisle￿ ncknioivle(Igo Ilieli. i'c$p￿IStbililICS for (o) eiisui'lii& Ilinl tlie Clilliilable eoi)Ipiiiy ke¢ps llceounlli)E re¢ordB Ilint cthiiply iviili Seolloiis 386 lliid 387 of the Coiiipniiles A¢1 2006 fjuid (b) i)I'epfjriJiB fii)fti)cial slolenieiil8 ivlil¢li 8ivo a tNe &iid fail. vieiv of 1110 81ole of &fthlr8 of (lie cliarilablo coiiipuiw 18 at Ili¢ oi)d of eocli fiiilliiclAI yea). arjd of11s 8urpliis oi. doficil for cncli fii)Trii¢ial yeni. li) uccordoiico ivlili (lie Icquli'ciiiciils of Scclions 394 lliid 395 &iid ivliich oilicrivise coi))i)ly ivitl) Ili¢ weqiiireiiieiilx of Ilie Cuiiipaiiies A¥l 2006 Y¢l&lliig lu fiiiuiicial staten￿1)IS. $0 fhi. Npplicnblo lo IIK cliorilllblo ¢OlI1P￿lIY, Tlie iiotcs forni p4rt ofiiiwe Riiinttcial sthlemeiils Page 7 DKSSACARR EVANGELICAL CHURCH STATEMENT OF FINANCIAL POSITION - coJillThuod 31 MARCH 2024 Tl)e88 fii>ai)¢lal slitein¢tLl8 liove been prepaTed in &¢¢ordottc¢ wllh Ili¢ pibvisl()11s oppllcable to clithrlldblo coiiipaiiio8 811bJecl lo Ilie sijiall eoiilpaiiics r¢giiiK. The fiiiAii¢lal $latciMnl8 opproved by Ili¢ Board of TN8lees aiid 8ulliowise(E foi issiio oli 0911212024 aiid ivu'e sigticd on ils belNlf by: ¢lir5$￿PtIeI1XQI ljo£9.2014 II'.53fj C N Axelby- TLiisle¢ The noies fonii pawl of Ihese finaiiclal $￿I￿lie111$ IIF3SACARR EVANGEI LICAL CHURCH NOTES TO THE VtNANCIAL STATfi MENTS FOR'I'HE YEI AR ENDJ£D 31 MARCH 2024 STATUTORY INFORMA'I'ION Ile3sacair EvaiiB¢licJl aiuirh is uii liidey￿}denI cvHng¢li¢AI diurdi. l( Is a priv&le ¢oii)pany lin)Iied by gLiaYui)lee aild ivitlioiil u ¥liafc rapllal, tE818l¢rcd iii Englnlld niid Wnles. Tlie regislered offi¢c is at Bessncai'r Bv4118eli¢al Cliiiicl), Bess8ctsrr L&iie Bes$&C￿[. Doncasler DN4 7Yr. ACCOUNTING POLICIES DH$l$ ofi)i'eiifti'liiE Ilic fliiaii¢lAI stftteiiieuls Tlie fiiiaiicial stAleiiioiil8 of Ilie cliai'ilabl¢ eoiiwany, wlu¢b k n public b•￿(5t eulity ￿￿er FLIS 102, linve becii prepftceil iii ace01￿al￿e ivilli Ilie Cliayllies SORP {fRS 102) 'Ac¢oui)liiig and Repoyliiig by Cbni'llles: Stnlei)i¢nt of R¢¢oiMiiKiided Prft¢li¢c Thppli¢oblo lo cl)orilies yrepnt-ing Ilieii. oc¢oviils iii llceoi'dniic8 iviili Ilw Fli)ai)¢inl ¢i)oiliiig S18i)datxI ftiJpll¢llble iii I1￿ UK aiid Ilci)ul)liG of lYel&iid (FRS 102) (¢ffe¢liv¢ l Jaiiufiry 2019),, Fiiiniicial Rei)orllng Slni)dJtxI 102 'Tlie Fliiftll¢lAI Ilcpoiliiig Siaiidii'd applieAblc iii tlw UK ttlKI Reiiiibllo of li'elai)d' aiid Ili¢ Coi)Ipaiiies Aet 2006. TIK fiiionclal slot¢tneiits liave beeti prtpiiid utidcr Ilie hisloYic41 cost eoiivthilioii. All Iiicoillo is r¢¢ogiilsed iii Ilie SiolciiKlll of Fliifiiieiol A¢llvlties oiice the chArtly ha8 eJilltl¢i)i¢i)I lo Ilits fiind$. 11 Is piLibg1)l¢ Ilidl Ilie iiiconie ivill be Yeceived qiid Illc umouill cai) be iiiettsured i'eliobly, Exi)tiidltiii'¢ LiAbilllleN IIE ircowiis¢d ft8 expeiidiliir¢ 08 soon fts Iliue 18 a legal or coi)s1￿clive obllgAIIoii ¢oJi)J)Jitlliig Ili¢ cliarlly to Ilmt ¢xyeiKlittiip, it is probable Ilill a irniisfer ot ecoiioniic bei￿ri￿ 11411 be ￿quIl%d lil $eltl¢iiieJil ni Ili¢ fti)K)ui)l of Ilie obli8&lioii eaii be Jii¢nsurc(I reliobly. ExpeAidiliire 18 nccouiiled for oil &ii aceiiials ba81s Aiid linA be¢ii clfissified iiiider lieAdiii8s IhAI Iig81'egthle 011 cosl r¢181ed lo Ili¢ ¢aleBOry. Wliere c0515 C3111101 be dittcily olli'ibLiled lo parli¢iilai' li¢adiii8s Iliey liave bewj allo¢aled lo oclivliies oil o bo618 co1￿{SIc￿l Ivilli Ili¢ use of Yesources. TAn8lblo tlxed A6set8 Depi'eelailoi) 18 piDvided al tlie folloiviiig ThiiniMI rnles in ON1￿. lo iyiile off ea¢li lisel over118 e.Iliihthled life, Fireliold i)roycrly Fixliiits uiid fllti1188 iiot provided 25•h on ¢osl Tix&lloii Tli¢ ¢liHI'ily 18 cxeiiii)l froiii coi'ijoinlloll lax on ils clmrilabl¢ ftcilvliies. Fiiiid nccouih¢lii£ Uiiirslri¢led thiids can b¢ used ll) 4ccordfjtice willi the cliai'ilftble objeclives lll t1￿ di8¢r¢lioii of ihe tNslevA, Ruli4cted thiids 01)ly be used for I￿rtiCl11￿1. ￿lTie1C￿ i)Iirpo$es iyilliln Ilie obj¢¢l8 of Ili¢ clilrlty. Reslrlclloii 14.8e IvI)eii Si)￿lfIed by tlie doi)oY oi. Ivlieji thIMls Al'e roiscd for Iiarllciilni. rc811'icled i)ui'i)O8e%. Fiii'llici. cxplniiolioii of11)o Imliim Riid puwose of¢acli fuiid is ii)cliided iii Ilic iiolc81011)¢ finaiicial slaleiiieiil8, Peiisloii co.8t9 niiil otliei, i)oJl-I'etlYeiiiciit beiitllls Tl)e difti'illlbl¢ coiiwiy O￿L.01cS A dcfiiird ¢ottli'lbiilioll i)cii%ioi) Conli'ibiili011s l>flyRble lo 11)B cl)Thi'illlble ¢OIIIPnlly'S l)¢Usioii d)arEed lo S¢al¢iiwit of fhllliiclal Acilvi11¢5111 Ili¢ p¢rio(I to ivl)i¢li Iliey welal¥. Poge 9 ¢(Hiiliiiied... BESSACARR EVANGELI&IL CHURCH L OTIIS TO THEE FINANCIAL STATCMEI NTS. eoiilliiued IIOR THC YCAR ENDED 31 hlARCH 2024 IPIVESTMiINf INCOM 2024 2023 D¢i)0811 ficcoiiiit Iiile¥est 1,575 349 NET INCOMEIIEXPENDITURE) Net illconid(¢M)eThliitui¢) is sthled aftcr ¢hArgin￿{CredItImg). 2024 2023 AiidilorN' iuiiiiiwr81ioii Dwir¢iJlioii~ oivtied as￿$ 1,140 1,735 1,160 1,565 'rRUSI'IZFSI RI£MUNEItA'I'ION AND IIENEFITS 1024 2023 Tiwlees, 8fi1ni.le Thwslee8' yeiisioii coiill'lbulions to n￿lleY wircliaBc S¢1￿1)eS 06J90 2,696 104,183 J,791 69,086 107,974 Two dlreelors &r6 also tiiiploye¢s and iveK reii)unerftid iiiider i)oivers Iii ilie goverAilii8 d￿ll171￿)ts. Tt'ust¢es' expen811 Tyiistee ¢xp¢n8¢& dwi1￿ Ilw financlal )r8r lolall¢d £NlL (2023: £450). No oilict r¢la￿ parly IMIEAcllons Iveye idoDilflcd. si'Ar¢iY cosrs 2024 2023 J07J08 5,193 4,265 136,300 8,326 5,251 Sociol secuiity cosi8 Olliei. p¢iislon costs l A6,766 149,877 Tli¢ averago i1￿11¢111Y iiuji)ber of cniployess diirliig Ilic year ivns fts folloivs: 2024 2023 Staff No ciiiployc¢s ￿￿tI¥¢d wiioliMiioN18 In exc¢g8 of£60.QOO. Puge 10 eoiiiliiiied... BFSSACARR EVANGELICAL CHURCH NOTES TO THC FINANCIAL sTATI￿ENTs- ¢olltliiued IroR THIQ YEAR ENDKD 31 MARCH 2024 COMPARA￿￿(8 f¢OR THL sfATEMENT 011 FINANCIAL ACTIVITIES Ut)itslricled ruikd INCOMK AND ENDOWhlLNTS FROM Doiiatiolls & offerliigs 229,863 InvG41iiie1￿ ineoi) 349 Totnl 230.212 I XPENDITURE ON Cliai'llfible Attlvlll¢s Miiiisliyj Youlli I￿1* & olh¢r 251,144 NLT INCOMW{JIXPILNDYfuRE) (20,9J2) IU£CONCILIATION OF FUNDS I'otal All￿ ix'oii8hi fonvaixl 393.%38 TOTAL FUNDS CARRIED foiiwARD J72,906 TRANsfiCR AGRCILMEKr A le8nlly bindiiis rtgre¢JI￿It bcliveeii Il)e elioi'ity {Ilie lrnnsferee) 4nd Ilie tru8teeÈ of iiiiiiieorpoj'oled aiso¢lailon (Ilie Ii'o118f¢rai'8) Ivos enlered Into, Ivliereby oil 1118"effecllve dftle" beS118 Ilk close of biigliioss oil J I Mllirli 2008, all Ilie pi'opeiiy Hssels aiid i'lglil8 lield on beliaifofil?e 11i1iiicori)01?led a%$n¢l811oii by Ili¢ Iilli)sferoi8 Iv¢r¢ dilly Iroiisf¢ri'¢d lo (lie ¢118rily. Tlie agieeimenl pi'ovided foi. Ilii81o iiiclii(k Ilie IiAI)ilili¢s, bill lu be oillei'ivixe fr￿ fi'oii) all Il¢ii$, cliai8es, en¢Lin)brni)ces, eqiiilies aiid clniiiis ofoiiy kil￿ ivlMl8ocver. GRACE CHURCH lil Ili¢ fiiianolal yc&i' ended 31 M&irli 2023 Ilie cknaiily iii¢o4)outled Be￿ne￿ir Bvniig¢lic&l Cliiirch aiid (Iixc¢ Cl)Iii'¢li lil Doi)cw8l¢r. FIDiii 1st Apiil 2023 Grft¢¢ Clliurli is r¢8i8ler¢d ni]d ￿l￿erIokes its oliAiilllbl¢ ￿lIVIlI¢S liidep￿ide1]1ly, Qi'ac¢ CliiiYcli* fviids (olnlliiig £8,292 iveye Ii'aiisfenrd ns nl l Ai)rll 2023. Tlic In￿le¢S do iiol ¢oi)yide¥ 11)Is lo linve aiiy iithlerlnl ftffecl oli 11]0 Clillyily COI)Iii)uii18 as A Boiiig Coiic¢iii. Pngell coi)Iltiued.. BFSSACARIi VANGELICAL CHURCH NOTES TO TIIE FINANCIAL sfATEMCNTS - coiitliiued IIOR THE YEI AR ENDED 31 Tr1ARCH 2024 10. TANGIBLIL IIIXIGD Asswrs Fixlures aikl rilliiigs Prcchold pmp¢rty Totsls cosi. Al l Ai)iil 2023 AddliioiJ8 147,216 47,184 500 194NOO 500 At 31 Marcli 2024 147,216 47.684 194,5100 DLI PREI CIATION Al l April 2023 C'li&r8¢ for year 44,105 ,735 44,105 1,735 At 31 Marcli 2024 45040 45,IMO NLII, IIOOII VALUE At 31 Mnirh 2024 A47,216 I,844 149,060 At J l Mftycli 2023 147,216 3.079 150,295 DEI BTORS: AMOUNTS IfALLING DUE ivrrHIN ONE YEAR 2024 2023 OtILef Il¢bloi% 10,156 11,766 12. CURRENT ASSIIT INVESI'MIINTS 2024 2023 Ui)118led iiive81nieiitN 96,542 94,707 13. CREDITORS: Al￿10￿￿Ts IIALLING Dub WITHIN ONE YEAR 2024 202J Acciwed expeiis¢8 1,785 1.785 P￿e 12 ¢onlti)iied... IJItSSACARR EVANCEI.ICAL CHURCH NOTES TO THE FINANCLIL STATJLMENTS- toiitliiued FOR THE YEAR ENDED 31 MARCH 2024 14. MOVEMILPIT IN FUNDS Nel li￿ve11)ellI it) ￿lld8 Al 31,3,24 At1.4.23 Uiii'esti'lel¢d Thiiid$ G￿l¢i'll1 fiind J72,906 (24,048) J48,85B TOTAL FUNDS 372,906 (24,048) 348,858 N¢1 Inoveiiieiil iii fuiid8, iiicluded iii Ilie aboY¢ pre RS folloiv8: li)coi))ii) rt8oureo$ R¢80uI'ces ¢xi)eiided Mov¢iii¥i)I Uiii'eitvlcted fuiidi G¢iierol fuiid 207,547 (231,595) {24,048) TOTAL IIUNDS 207,547 {131,S95) (24,048) eoiiii)ni'ntli'u foi. li￿vel￿e￿il lil lkniid8 moY¢ill¢nt Ai 31,3.23 At 1.4.22 Uiii'e&li'l¢ted hiiid8 Goiwrnl ftjiid 393,8J8 (20,932) 372,906 'roTAL FUNDS 393,838 (20,932) 372,906 co1￿1)RrAtIVe Iwl iiioveiiiciil in Iliiids, bi¢luded in I1￿ Above nre as folloiv8: Iiwtruires oxpellded Moveiiicnl il) fiiiivohi¢nt lil ftiiids At 1.4.22 31,3.24 Uiii'e8ti'lete(I fiindi Ge1￿¥01 fviid 393.838 (44,980) 318,858 TOTALFUNDS 393,838 (44,980) J48,8S8 A curreiil year12 iiv)iitlis ft1￿ prior year 12 nioi)Ihs collibli￿d iiiuveiikiil iii fviKI8, In¢luded in Ilie Nbov¢ aye folloivs: Inconiiiig ittoiir¢¢s R¢8ouir expciidcd Move)ii¢nt Uiii'tstrletod fuiid¥ Gejieral thiid 437,759 (482.739) (44,980) TOTAL fiJNDS 437,759 (4R2,719) (44,980) 15. i1￿LATED PARTY DISCLOSURK8 TliCi￿ ivcrn JM) rol&lcd pfjrly trailsftciions for t1￿ ye8r eJ]ded 31 Mairli 2024. 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