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2024-03-31-accounts

Bethesda Free Church – Registered Charity No 1148620 Receipts and Payments Accounts Year Ended 31st March 2024

Chapel General Fund Receipts and Payments Account

Chapel General Fund Receipts and Payments Account Chapel General Fund Receipts and Payments Account
Receipts
Chapel Boxes (including Gift Aid)
Refunds and Rentals
Designated from Thankoffering Fund - Student Support
Bank Interest
Miscellaneous income
Rent - Holgarth
Rent - Hoardings
Other Income
Total Receipts
Payments
Grants and designations
Gifts
1,090.00
Ministry
Pulpit Ministry
1,272.79
Pastors Travel Expenses
885.00
Pastors Salaries & Pensions
45,156.00
Pastors Telephone
311.00
Manse Expenses
600.00
Running Costs
Electricity
973.00
Gas
7,938.00
Water
925.00
Ford Estate Mission
1,078.00
Consumables
746.00
Printing/postage/stationery
109.00
Photocopying
1,389.00
Telecoms
894.00
-
Repairs/maintenance
-
Insurance
2,152.00
Support Services
1,396.00
Reach Programme
-
Petty Cash Payments
165.00
Caretaking
6,086.00
Equipment
1,387.00
Surplus / (Deficit) for the year
Transfers from other funds
Transfers to other funds
Fund balance start of period
Fund balance at end of period
2024
£
60,477.00
3,711.00
116.00
166.00 2023
£
63,174.00
-
-
59.00
250.00
500.00
450.00
-
64,304.00 64,433.00
1,090.00
48,224.79
23,851.00
1,387.00
166.00
35,373.00
30,208.00
76.00
1,272.79
885.00
45,156.00
311.00
600.00
1,246.00
590.00
33,154.00
275.00
108.00
973.00
7,938.00
925.00
1,078.00
746.00
109.00
1,389.00
894.00
-
-
2,152.00
1,396.00
-
165.00
6,086.00
1,173.00
4,995.00
667.00
8,699.00
282.00
145.00
1,239.00
614.00
142.00
-
2,448.00
1,935.00
724.00
699.00
6,446.00
1,387.00 76.00
74,552.79 65,823.00
-10,249.00
-
-
-1,390.00
4,318.00
-8,766.00
37,535.00 43,373.00
27,286.00 37,535.00

Bethesda Free Church – Registered Charity No 1148620 Receipts and Payments Accounts Year Ended 31st March 2024

BES Fund Receipts and Payments Account
Receipts
Gift
Payments
Insurance
Surplus / (Deficit) for the year
Transfer from General Fund
Fund balance start of period
Fund balance at end of period
BHOMS Fund
Receipts
Offerings
Offerings (Missionary Societies)
Payments
Missionary Societies
Surplus / (Deficit) for the year
Transfer from General Fund
Transfer to General Fund
Fund balance start of period
Fund balance at end of period
2024
£
-
-
2,152
2,152
(2,152)
-
-
(2,152)
2024
£
415
115
530
6,250
6,250
(5,720)
-
-
-
(5,720)
2023
£
-
-
2,448
2,448
(2,448)
5,429
(2,981)
-
2023
£
2,141
864
3,005
6,342
6,342
(3,337)
3,337
-
-
-

Bethesda Free Church – Registered Charity No 1148620 Receipts and Payments Accounts Year Ended 31st March 2024

Capital Reserve Fund
Receipts
Bank interest
Payments
Surplus/Deficit for the year
Transfer from General Fund
Fund balance start of period
Fund balance at end of period
2024
£
-
-
-
-
-
-
31,748
31,748
2023
£
76
76
-
-
76
-
31,672
31,748

Bethesda Free Church – Registered Charity No 1148620 Receipts and Payments Accounts Year Ended 31st March 2024

Building Fund Receipts and Payments Account
Receipts
Donations
Payments
Repairs/maintenance
Surplus/Deficit for the year
Transfer to Renovations Fund
Transfer from General Fund
Designated from Thankoffering
Fund balance start of period
Fund balance at end of period
Future Ministry Fund
Receipts
Donations
Payments
Surplus/Deficit for the year
Fund balance start of period
Fund balance at end of period
Hallgarth Fund
Receipts
Sale of Hallgarth
Payments
Surplus/Deficit for the year
Transfer from General Fund
Fund balance start of period
Fund balance at end of period
2024
£
165
8,195
(8,030)
-
-
-
1,545
(6,485)
2024
£
2,352
-
-
2,352
-
2,352
2024
£
-
-
-
-
-
-
130,954
130,954
2023
£
-
4,985
(4,985)
-
-
-
6,530
1,545
2023
£
-
-
-
-
-
-
2023
£
130,954
130,954
-
-
130,954
-
-
130,954

Bethesda Free Church – Registered Charity No 1148620 Receipts and Payments Accounts Year Ended 31st March 2024

Cash and Bank balances
Chapel Accounts
Cash
Virgin Money Current account
Barclays Bank Current Account
Yorkshire Bank
Fund Balances
Chapel Funds
Chapel General Fund
BEF FUND
BHOMS Fund
Building Fund
Future Ministry Fund
Hallgarth Fund
Capital Reserve Fund
-
639
145,672
32,020
2024
£
178,331
-
170,110
-
31,672
2023
£
201,782
37,535
-
-
1,545
-
130,954
31,748
178,331 201,782
201,782
177,984 201,782

The Chapel also has an investment in 81, Hill Crest worth approximately £98,000.

R. Whiteman 8th May 2024 Treasurer

Independent Examiner's Report to the Trustees of Bethesda Free Church

I report on the accounts of the charity for the year ended 31 March 2024 , which are set out on the pages 1 to 6.

Respective Responsibilities of the Trustees and the Independent Examiner

The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

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 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:

Adam James MAAT

Eric Southwick & Co Accountants Ltd 51 The Avenue Seaham, Co Durham SR78NS Date: 08th May 2024