**Charity number: 1149299**
**Bethel Apostolic Church of Excellence**
**Trustees Report and Financial Statements For the Year Ended 30 April 2021**
## **Bethel Apostolic Church of Excellence**
## **Contents**
## **Pages**
|**Pages**|**Pages**||
|---|---|---|
|Reference and administrative details of the charity, Its trustees and advisers
||2|
|Trustees' report|3||
|Independent examiners' report|4||
|Statement of fnancial activities|5||
|Balance sheet|6||
|Cash fow statement|7||
|Notes to the fnancial statements|8-9||
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## **Bethel Apostolic Church of Excellence For the Year Ended 30 April 2021**
**Trustees** Rev Verna Wynter, (Chairman) Mrs Thames Sylva Mrs Nerissa Purkiss Mrs Marcia Woolley Miss Hazel Samuels Mr Prince Nelson
**Registered company number** 08047415 **Charity registered number** 1149299 **Principal office** 100 Ladywood Road, Ladywood, Birmingham, West Midlands, B16 8SZ **Independent examiners** Onestop Management Services Ltd The Big Peg 120 Vyse Street Jewellery Quarter Birmingham B18 6NF **Bankers** TSB Bank plc Henry Duncan House, 120 George Street Edinburgh EH2 4LH
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## **Bethel Apostolic Church of Excellence**
## **Trustees’ Report For the Year Ended 30 April 2021**
## **Structure, Governance and Management**
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 11[th] October 2012.
## **Objects of the Charity**
The principal object of the company is to advance the Christian Faith in accordance with the statement of beliefs, in Birmingham, its surrounding areas and such other parts of the United Kingdom and overseas, as the Trustees may from time to time think fit and other such purposes which are exclusively charitable according to the law of England and Wales and relate to the charitable work of the charity.
## **Main Activities for Public Benefit**
The Trustees consider the wide range of activities provide benefit to those who worship at the Church, the people of Birmingham, its surrounding areas and overseas in line with our objectives. Bethel Apostolic Church of Excellence has continued to retain its commitments to the projects and activities that it has carried out over the last few years. These projects have been identified to ensure that they are:
a) Advancing the Christian faith in the UK and/or overseas
b) Providing a place of worship and community for people in Birmingham and the wider West Midlands
c) Promoting education, employment, economic development and/or social inclusion programmes within Birmingham and surrounding areas.
d) Equipping church members and others in the community to operate in advancing the Christian faith outside of the physical church building, in nursing homes, community centres, hospitals etc.
## **Achievements and performance**
As with all places of worship, we were impacted by the government regulations implemented following the outbreak and ensuing growth of the COVID 19 pandemic. We immediately closed the church for on-site services and initiated an on-line operation, which has permitted us to continue to reach our members and friends, catering for their spiritual needs, via Zoom and WhatsApp.
Our weekly services were conducted live throughout the week, which involved hours of preparation from our dedicated Leaders, whilst still operating under government guidelines. We continued to review and implement our policies in conjunction with existing government regulations to be ready to return to Church during the latter part of 2021.
The Church held a virtual main service every Sunday morning. On Tuesdays there was intercessory prayer in the afternoon with other Bethel churches joining, Bible teaching every evening, Youth Ministry meetings on Wednesday, Quiz night on Thursdays and Youth Group on Friday. Through the time of the COVID restrictions, attendances at the on-line services and bible teaching continued to grow with both members and nonmembers. There were occasional visits to our on-line services from India and USA and a Well Being session held for everyone visiting the ZOOM transmission.
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We operated one-to-one prayer call service, where church members and guests alike could come together by phone, to pray.
We also continued to offer both spiritual and secular counselling services on an appointment basis and maintained one-to-one contact.
During this period of COVID the whole ability of the church to adopt and operate new technology, has meant that by embracing Zoom and other platforms, we have been able to communicate, support and reach out to people not only in the UK, but in the wider world.
Local community organisations discontinued to utilise the meeting facilities available in the building due to COVID 19 and as an organisation we seek to support them in any positive way by continuing to let them have use of the car park.
Our long-standing relationship with the church in India continues with our regular financial support.
Regular meetings are held for all current leaders to ensure continuity and continual improvement in the operation of the organisation.
To provide the outstanding quality and content of service during COVID-19 and beyond, that we as a church aspire to, we are investing in finding ways in upgrading our media equipment. This is to support the delivery of live services, which can both accommodate congregations, whilst at the same time transmitting and broadcasting live to those online.
We are currently dealing with trying to source best consistent internet wi-fi provision across the whole building.
Appreciation is extended to all who have devoted many hours of their time and efforts in enabling the organisation to continue delivering inspirational service content during difficult times and setting us up to continue post-COVID.
The Food Bank is now in its eighth year of operation. This provides food, toiletries and other domestic items to clients who are self-referred or from other community organisations, as well as word of mouth from others in need from the local area. Our foodbank opens once a week on Saturdays and numbers attending have increased and continue to do so. We have also catered to those who knock on our door by chance when the office is open. Donations from supermarkets, FareShare and monetary donations helps to restock the food bank. We offer a delivery service for those unable to get to the church hall due to illness or self-isolation. We ensure the elderly and children are catered for as a priority.
Our dedicated foodbank volunteers have continued to work tirelessly as an essential service throughout the period of the pandemic and beyond. We recognise their support and commitment to the work of this ministry during this period
## **Policy on Reserves**
The aim of the reserves policy is to maintain a healthy liquid position to cover any decline in income in any material shape or form. The board consider that three months recurring expenditure is reasonable (@ approximately £3,500p.m.). The purpose of any reserves will be clearly stated. It is not the intention of the board to build undue reserves where such can be used otherwise to advance further the aims and
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objectives of the organisation. The current general reserve (being unrestricted funds excluding fixed assets and the loans relating to fixed assets) amounts to £5,586.16 as of end of this financial year.
## **Verna J Wynter Chair of Trustees Board**
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## **Bethel Apostolic Church of Excellence**
## **Independent Examiners' Report to the Trustees of Bethel United Church of Jesus Christ Apostolic (Telford)**
We have examined the financial statements of Bethel United Church of Jesus Christ Apostolic (Telford) for the year ended 30 April 2021 which comprise the Statement of financial activities, the Balance sheet, the Cash flow statement and the related notes. The financial reporting framework that has been applied in their preparation is applicable law.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011. Our examination work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Examiners' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our examiners work, for this report, or for the opinion we have formed.
## **Respective responsibilities of Trustees and examiners**
As explained more fully in the Trustees' responsibilities statement, the Trustees are responsible for the preparation of financial statements which give a true and fair view. We have been appointed as examiners and have reviewed this report in accordance with expected norms.
## **Andrew Thompson Onestop Management Services Ltd**
The Big Peg 120 Vyse Street Jewellery Quarter Birmingham B18 6NF
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## **Bethel Apostolic Church of Excellence**
## **Statement of Financial Activities (Incorporating Income and Expenditure Account) For the Year Ended 30 April 2021**
## **Income from:**
|**Note**
Donations and legacies
Activities for generated funds
Investment Income
**Total Income**
**Expenditure on:**
Fundraising trading
Charitable activities
Support costs
Governance costs
**Total expenditure**
**Net expenditure before investment gains**
Net gains on investments
**Net Income I (expenditure) before other**
**recognised gains and losses**
Gains from changes in provisions
**Net movement in funds**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**|**30.04.21**
**30.04.2**
**0**
**£**
**£**
41,334
63,575
58
430
31
1,650|
|---|---|
||41,423
65,655|
||762
680
22,178
9,868
850
34,358
129
1,365|
||23,919
46,271|
||17,504
19,384|
||17,504
19,384
1,051
18,555
19,384|
||241,328
221,944|
||**259,883**
**241,328**|
All activities relate to continuing operations.
The Statement of Financial Activities includes all gains and losses recognised in the year
The notes on pages 8 to 9 form part of these financial statements.
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## **Bethel Apostolic Church of Excellence**
## **Balance Sheet As at 30 April 2021**
|**Note**
**Fixed assets**
Tangible assets
Investment property
**Total tangible assets**
**Current assets**
Debtors
Cash at bank and in hand
**Creditors:**amounts falling due within one year
**Net current (liabilities)/assets**
**Total assets less current liabilities**
**Creditors**: amounts falling due after more than
one year
**Net assets**
**Charity Funds**
Unrestricted funds
**Total funds**|30.04.21
30.04.20
**£**
**£**
281,650
281,650
**281,650**
**281.650**
3,555
10,800
28,173
23,015
**31,728**
**33,815**
4,636
4,150
**27,092**
**29,665**|
|---|---|
||**308,743**
**311,315**
48,860
69,987
**259,883**
**241,328**|
||259,883
241,328|
||**259,883**
**241,328**|
The financial statements were approved by the Trustees on 24 February 2022 and signed on their behalf, by:
## **Thames Margaret Sylva Trustee**
The notes on pages 8 to 9 form part of these financial statements
Net Income/(expenditure) before other recognised gains and losses
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## **Bethel Apostolic Church of Excellence**
## **Cash Flow Statement For the Year Ended 30 April 2021**
|**Note**
**£**
**Cash fows from operating activities**
Net cash provided by operating activities
**Cash fows from investing activities**:
Interest on deposits
**Net cash used in investing activities**
**Cash fows from fnancing activities:**
Repayments of borrowings
Cash infows from new borrowing
**Net cash used in fnancing activities**
**Change In cash and cash equivalents in the**
**year**
Cash and cash equivalents brought forward
Prior year cash adjustment
**Cash and cash equivalents carried forward**|**£**
**17,473**|
|---|---|
||**31**|
||**31**|
||**(1,342)**|
||**1,342**
16,162
23,015
(11,004)|
||**28,173**|
## **Bethel Apostolic Church of Excellence**
**Notes to the Financial Statements For the Year Ended 30 April 2021**
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## Accounting Policies
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.
Bethel Apostolic Church of Excellence constitutes a public benefit entity as defined by FRS 102.
## **1.2 Going concern**
The charity has reported a surplus for the year of £17,504 and has net current liabilities of £27,092. The trustees' consider that the outlook provides positive forecasts in terms of cash flows. The trustees have instituted measures to preserve cash and maintain fundraising activities and these circumstances create material certainties over future cash flows.
## **1.3 Incoming recsources**
Voluntary Income Donations and offerings Tithed income Unrestricted funds totalled £41,423 and NIL was to restricted funds.
## **1.4 Fundraising**
Unrestricted funds In 2022, of the total fundraising income, £762 was to unrestricted funds and NIL was to restricted funds.
## **1.5 Tangible fixed assets and depreciation**
Assets are carried at cost, net of depreciation and any provision for impairment . Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold land - not depreciated Fixtures, fittings 25% straight line Computer equipment - 25% straight line
## **1.6 Debtors**
The debtor amount of £3,555 includes loans to members of the charity and are due to be paid back within a period of two years.
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