Trustees, Annual Report Bethel Independent Evangelical Church, Clydach (Also known as Bethel Evangelical Church, Clydachl For the period I September 2022 to 31 August 2023 1. Bask detalls Re￿Stered Charlty number: 1142690 Prln¢lp•l Address: Bethel Evangelical Church Heol Y Nant Ctydach ¥ansea SA6 5HB T￿￿te¢s. Mr. Mark Barnes (Elderl Mr. Nigel Paul arfford (Elderl Mr. Nathanael Aylln8 (Elderl 2. Structure and Governan¢e Structure Thè church 1$ 8ovemed ty a constilution adopted on the 22rf June 2011 and amended on the 13th March 2013 and Aprll 2016. The trustees of the churth a￿ those appolnted as Managlng Trustees In accordance wlth the Churth's Members. Har￿boOk. The rlght of nominatlon to tru5teeshlp belongs to the exlstlng trustees, but nominees must be approved ￿ a two-thlrds majority of the Church meetin8. The Managing Trustees have fvll and final responsibility for the general control and management of the administration of the churth. Recrultment and trnlnlnq of new trustees The trustees take formal responslbility forthe effertlve Inductlon of all new trustees as well as ensuring that all potentlal trustees are fulty Informed of thelr legal responslbllnles before they agree to stand for electlon. The Inductlon of truslee5 Intludes-111 the legal responslbl1￿Ies of a trustee- 121 the charM￿S finantial posiiion and an explanatlon of most recent accounts;131 The Church's Constltutlon and Members, Handbook'141 current and future plans and151 a copy of the Charity Commlssion'5 guidance on trusleeship. Rlsk mana8ement The trustee5 have a duty to Identlfy and revlew the rlsks to which the charity Is exkX)sed and to ensure approwiate controls a￿ in Pla￿ to provide ￿aSOnable assurance against fraud and error. The trustees have assessed the mapr risks to which the charity is exposed, and sought to reduce these risks, so far as Is possible. The major elernents of reducin8 our exw)sure to rlsk are: prayer. effective oversight and regular review. The trustees continue to be mindful of the inherent rtsks associated with the Church's work, especially in resF*rt of the work wtth children, young people and vulnerable adults. A Safeguardlng Policy is in pla￿, and all who work regularty or intensivety wrth children are subject to DBS checks. Tralnlng Is provkled to church volunteers. to ensure they have the skills and knowledge required to carry out their work to a high standard. The insurance requlrements of the Churth are regularly revlewed, to e￿U[e that all prospettive Ilabillty situation5 a￿ adequately covered. 3. Objertlves and Actlvltles The Church has the followlng oblectlves: l. The advancement of the Christian falth In accordan￿ with the basis of falth prlmarily but not exclusive￿ wrihin Ctydach and the surroundlng neighbourhood; and 2. Such other charitable purposes as shall, in the oplnlon of the managing trustees further the work of the church. We believe that the work of redemptlon through falth In the Lord Jesus Christ. the only begotten Son of God, is the greatest possib￿ benefrt to manklnd. There Is no 8realer task nor h%her calllng than Its proclamatlon, and that b at the heart of the church's beneftt to the publi Thls Is done throu8h a varlety of actNrties which are for publlc benefrt. includln8: l. The holdlng of weekty Wofshlp servlces. whlch are open to all, free of charge. 2. Re8ular meetlngs and courses th* Introduce the Chrlsth1n falth to Interested members of the publlc, again V•llthout char8e. 3. HoldSn8 regular prayer meetlngs. which Include prayerfor the natlon and bocal communlty. 4, A weekly Play8roup. Chlldren's dub and Youth group. that are free of Cha￿e, and open to all. These meetlngs offer Blble storles, 8ames and qulzzes. and help children to understand the splritual and morèl teachln8 of the Blble, as well as supportinB youn8 fam11￿. 5. Free of chaoe pastoral visits and counsellin8 for rnembers of the church and the general public who request it. 6. Re8ular vlslts to local schools. Io asslst them In provldln8 rellgbous assemblies and In thè teaching ot reli8knus educatlon. These artivities are carrled out both by salarfed stsff. offl￿-bearer5 and by many church members who volunteer their time. It is estimated that church member5 contribute around l.tMX) hours of volunteer tlme annualfy. 4. Brief review of the year Whllst some other charlties may talk atK>ut"achievements" and "perfomiance", neither term is approprlate for a church. Throughout the year we have continued to provide regular opwrtunities for worship, with faithful and relevant Bible teachin& and to provide pastoral care both for church members and others who ￿QLbest it. We have been erKouraged by the many k)cal folk that we have been able to befriend. Most importantty of all. God has been at work in our midst, although we continue to long for an even greater Sense of His Presence. All of this is central to our charitable objectiveslsee above). S. Financial Review The churth had a total cash balance of £215.685.53 at the end of the period, tO8ether with £403,635.37 of fixed assets. The church's polocy ts to have sufficient free reserves to cover worklng capital requirements and the day to day runnire costs and planned deficits without the need for bank borrowing. The trustees have committed to malntalning a cash balan￿ suffbcbent to cover six month's expenditure. The charl￿S principal source of funds are donations receNed from church members and regular attenders. All the church's expendlture ts spent on charitable objectfves. None is spent on 8overnance orfund-ra6in& 6. Oeclaration The trustees declare that they have approved the tnjstees, rew)rt above. Signed on behalf of the charitys trustees: Name: Posltlon". TrtLK&TEE fvJIQEL LLIFFOR Slgnature.. Date: zi/o4lytr Name: Posltlon". T(￿&r£-& Sl8nature'. Date: "VOlfr121 ## **Bethel Evangelical Church** ## **Balance Sheet** _1st Sept 2022 to 31st Aug 2023_ **----- Start of picture text -----**
Income £64,980.17
Expenditure £43,693.90
Surplus/Deficit £21,286.27
Cash Balance £215,685.53
**----- End of picture text -----**
**----- Start of picture text -----**
Cash Funds Opening In Out Closing
General Fund £190,749.20 £50,735.85 £33,345.90 £208,139.15
Mission Fund £3,650.06 £6,073.32 £6,701.00 £3,022.38
Aylings Fund £0.00 £647.00 £647.00 £0.00
Paul Daniel Fund £0.00 £2,000.00 £2,000.00 £0.00
Restricted Fund £0.00 £5,524.00 £1,000.00 £4,524.00 Note 1
TOTAL £194,399.26 £64,980.17 £43,693.90 £215,685.53
Cash Balances Opening Balance Closing Balance Difference
Savings Account £112,733.11 £113,366.47 £633.36
Barclays Account £81,651.73 £102,319.06 £20,667.33
Petty Cash £14.42 £0.00 -£14.42
Debtors £0.00 £0.00 £0.00
TOTAL £194,399.26 £215,685.53 £21,286.27
Fixed Assets Opening Balance Closing Balance Difference
Property value £400,000.00 £400,000.00 £0.00
Existing equipment value £6,619.03 £3,635.37 -£2,983.66
Equipment purchases £0.00 £0.00 £0.00
TOTAL £406,619.03 £403,635.37 -£2,983.66
**----- End of picture text -----**
_Equipment means items like chairs, the PA system, pianos, etc. These depreciate (lose value) as they get older._ ## **Bethel Evangelical Church** ## **Income/Expenditure** _1st Sept 2022 to 31st Aug 2023_ |**Income**
Gift Aid Giving (Declared)
Gift Aid Giving (Small Donations)
Income tax recovered
Non Gift-Aided Church Collections
Sundry Donations
Interest received
Miscellaneous Income
Gifts to Aylings (Gift Aid)
Gifts to Aylings (non-Gift Aid)
Income tax recovered for Aylings
Fees(weddings etc)
Paul Daniel Support
Other Restricted Income
**TOTAL**
**Expenditure**
Building Maintenance
Heat/light/water
Other expenses
School's ministry
Children's Club
Youth Group
Playgroup
Evangelistic Camps and Trips
Evangelistic follow-up/Discipleship
Other evangelistic expenses
Website and Audio
Hospitality Expenses
Staff related costs
Household essentials
Support for Aylings' Ministry
Other Mission Partners
Other giving/Miscellaneous gifts
Church relationships
Administrative costs
Stationery/printed material
Compliance fees
Health and Safety
Music
Pulpit supply
Insurances
Miscellaneous Expenses|**2022-2023**
**2021-2022**
**Difference**
£9,340.00
£9,477.50
-£137.50
£5,641.34
£4,333.75
£1,307.59
£3,729.18
£3,069.72
£659.46
£11,760.00
£13,190.00
-£1,430.00
£25,505.29
£22,739.34
£2,765.95
£633.36
£499.33
£134.03
£0.00
£0.00
£0.00
£0.00
£0.00
£0.00
£647.00
£540.00
£107.00
£0.00
£0.00
£0.00
£200.00
£0.00
£200.00
£2,000.00
£0.00
£2,000.00
£5,524.00
£0.00
£5,524.00
Note 1
**£64,980.17**
**£53,849.64**
**£11,130.53**
**2022-2023**
**2021-2022**
**Difference**
£2,035.82
£255.00
£1,780.82
£2,670.22
£2,005.18
£665.04
£711.00
£0.00
£711.00
£1,800.00
£2,400.00
-£600.00
£553.94
£637.61
-£83.67
£250.00
£0.00
£250.00
£590.48
£0.00
£590.48
£350.00
£0.00
£350.00
£45.39
£0.00
£45.39
£1,200.55
£314.08
£886.47
£1,308.34
£1,388.52
-£80.18
£942.23
£546.40
£395.83
£5,105.00
£4,772.35
£332.65
£1,019.41
£774.32
£245.09
£2,400.00
£2,400.00
£0.00
£4,948.00
£4,948.00
£0.00
£5,350.00
£14,725.00
-£9,375.00
£100.00
£0.00
£100.00
£215.99
£74.57
£141.42
£11.32
£110.56
-£99.24
£598.67
£513.89
£84.78
£333.66
£0.00
£333.66
£93.53
£152.89
-£59.36
£9,768.50
£8,396.00
£1,372.50
£1,291.85
£1,154.84
£137.01
£0.00
£60.00
-£60.00| |---|---| **TOTAL £43,693.90 £45,629.21 -£1,935.31** Note 1: Restricted funds can only be used for the purpose specified by the donor. CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts ••• Section A Independent Examiner's Report Report to the trusteesl members of ÉfrtEL ktslfyELICRU CHuR014 On accounts for the year ended Charity no (if any) >033 1142690 Set out on pages ememoer to ::nelude tne yaae nuiMbrJrs of addit1￿￿11al )hepts) I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 ("the Act")- I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent trhe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ") in connection with the examination which gives me cause to believe that in, any material respect,: the accounting records were not kept in accordance with section 130 of the Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, 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 order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 22 3 2* Name: PATi£ic IA ANJrKJE LAHTONJ Relevant professional qualification{s) or body (if any): .s-cd J oThs ANAGÉRIAL AISMIMisTkATlVe s 7(A C)1 E S IER October 2018 Address: Ltr-Lt- M A Esg & K/KJE (Z IKIE F ROAI SAé éLL TorKJ Section B S4:" fj Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here details of any items that the examiner wishes to disclose. IER October 2018