Registered Charity Number.1149299 Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts for the year ended 31 March 2024
Bethel Apostolic Church of Excellenc• CIO Trustees Report and Accounts For the Perlod from 1 May 2023 to 31 March 2024 Contents Page Charity Inforniation Trustees Report 317 Independent Examiner's Report 819 Statement of Financial Activities 10 Balance Sheet 11 Notes to the Accounts 12116
Bethel Apostolic Church of Excell•nc• CIO Trustees Report and Accounts For the Period from 1 May 2023 to 31 March 2024 References and administrative inforniation Trustees Minister Thames Sylva (Chair) Evangelist Marcia Woolley-trustee Sister Hazel Samuels-trustee Missionary Nerissa Purkiss-trustee Brother Prince Nelson-trustee Principal address 100 Lad(m)d Road Lad}'wood Birn]ingham West Midlands B16BSZ Independent Examiners Modest & Co Financial Services Ltd 189 Greenhill Avenue Sheffield s8j Bankers TSB Bank PLC Henry Duncan House, 120 George Street Edinburgh EH2 4LH
Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Perlod from 1 May 2023 to 31 March 2024 Trustses Report Introduction The trustees present their report with the financial statements of Ihe charty fof the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the and Republic of Ireland IFRS 102) {effective 1 January 2019). Bethel Apostolic Church of Excellence was incorpofated as a charitable Incorporated organisation on 23 February 2023. This decision was driven primarily by the desire to take advantsge of the separate legal personality and limited legal liability for Trustees. Bethel Aposlolic Church of Exllen is an Independent Member of the Bethel United Church of Jesus Christ (Apostolic) UK and Europe family of Churches, which pursues similar aims and signposts local beneficiaries to our Servi$. Alms and purposes Bethel Apostolic Church of Excellen has the responsibility of promoting the Oneness Apostolic Faith, primarily but not exclusively within Ladywood, Bimiingham and the surrounding area. evangelism, Outreach. soctal and community. Bethel Apostolic chUh of Excellence worship servi$ are through scriptures, preaching, teaching, wayer. singing and music. Objoctlvos and Actfvitles Belhel Apostolic Church of Excellence is commrtted to ensuring thal as many people as possible come to worship al the church and to become part of the community of Bimingham.
Bethel Apostollc Church of Excellence CIO Trustees Report and Accounts For th• Period from 1 May 2023 to 31 March 2024 Trust$ Report(Contlnued) Achievements and Perforniances Bethel Apostolic Church of EXllence {Ladywood} is an integral part of the ecclesiastical District 1 of Bethel United Church of Jesus Christ Apostolic UK and Europe, we organise weekly services, both in the sanduary and online for the church members and the general public. The Church financial year begins 1Apnl to the end of March each year. The Church year runs from one national convocation to the next. Quarterly, Pastor meets Wtlh the pastoral team to di5CUSS the calendar. auxiliary departments, projects, initiatives and challenges that arise. This is good practice and needs to be encouraged to keep going on a regular basis wrth the inclusion of a strategic service delivery plan. Sunday Services Sunday Morning is grounded with Christian Edu&Alion for both children and adults. Infants, children. young people. new converts and adults gather in their delegated areas for Sunday School. The worship services corrtinue to be vibrant, uplifting with vibranl songs, testimonies and prayerful thanksgiving and petrtions. Community members. family members and friends have continued to be in attendance. Midweek Evening Services Wednesday and Friday evening services involve worship, prayers, Bible study, interactive, discussions, various trainings and workshops. These services are also open to the general public. We also carried out activities for the Youth and Young Adults auxiliary {reading online and presenlalion nights), Women's Department (extemal speakers invited on Fridays) and the Men's Ministry (online and Fridays) and Treasured Saints leading prayer online (Tuesdays). There is abo ongoiThJ partiry'patth in Bethel UK National Prayer Call. These combined activities help to train members in leadership foles. public peaking and building their confidence in their individual ministrEs. Discipleship Spiritual fomation and development occUed on several plattorms.. Youth - Planned and execLrted their first residential retreat and welcomed guests from regional churches and an intemational speaker who encouraged tttem for several days in teaching. team building adivities, managing finance, and sports activities. Youth visited othèr youth av$nt$ tog•thèr throughout England artd Wal•s. They also attended and Gontributed to District youth events. Women - invited health and wellbein9 StEakers to empower and encourage women in the hurch and local community. Spiritual plant grOVng ongoirvJ activty. Financial aid group to support single mothers.
B•thel Apostollc Church of Excellence CIO Trustees Report and Accounts For the Perlod from 1 May 2023 to 31 March 2024 Trustees Report(Continued Other achievèments in 2023-2024: Became coop union - encouraging savings and future finance goals Leadership Training Celebration Meal February 2024 End of year fund raising Concert Community Outreach Meal Evangelism & Outreach Annual BBQ visrts to Care homes visits to the shut ins Prison ministry training January 2024 Street Ministry Spring and Summer 2024 Collective efforts to reduce Church klan Collaboration with BBC and Foodbank (INest Midlands) Foodbank service We celebrated Christmas 2023 with a fellowship dinner (January 2024) and a private photographer to welcome the New Year. We celebrated with all our church members, community families and friends. For Easter. we joined with our Distnct 1 to celebrate Easter wrth 'First Sayings of Jesus.. We honoured and celebrated the lrfe of the late Reverend Vema JOY Wnter. Naming and dedicated phase Iwo to her and naming it the Vema Joyce Room. We celebrated 3 water Baptism., 3 Baby Blessings.. 1 Homegoing seThIs,. and a total of 11 people becoming members of the church. Indusive of 8 people. Apostolic believers requested to join BACE. Future Plans The church leadership and Trustees plan to continue to promote spiritual growth through education and workshops by involvement in the local community and beyond as set out in the objectives. We also plan to extend our summer sch¢x)I VBS with a mission director overseas in the Caribbean to 8pon$or. support and fumish less fortunate children with educational supplies and a Christian curriculum in Summer 2025.
Bethel Apostollc Church of Excellence CIO Trustees Report and Accounts For th• P•riod from 1 May 2023 to 31 March 2024 Trust••s Reportlcontlnued) Statement of Trustees responslbllltles The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the chanty for thal period. In preparing these financial statements, the trustees are required lo.. Select suitable accounting policies and apply them consistently Observe the methods and pnnciples of the Charities SORP 2005., Make jLbdgements and accounting estimates that are reasonable and prudent State whether applicable accounting standards have been followed, Sublt to any material departures disclosed and explained in the financial statements; and Prepare the financial statemenls on the going conrn basis unless it is inappropriate to do so. The trustees are respJnsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial posrtion of the charty and enable them lo ensure that the financial statements comply wrth the Charities Act 2011. They are also responsible for safeguarding the assets of the charty and hen for taking reasonable steps for the prevention of fraud and other irregularrties. structure, Governance And Management The Church is govemed by an Approved Goveming Documenl. Members of the Churth are accepted in accordance with the Constitution which requires them to be or to have been publicly baplised on the profession of faith in Jesus Chnst and following a mode of baptism as per Acts 2v38. A trustee meeting takes place throughoul the year and has responsibility for the overall policy of the church. In accordance wrth the Constitution, the trustees, who together wtth the Pastor, Church Secretary and Treasurer, are responsible for the day to day running of the church's work, and the financial and legal aspects of the chanty All trustees are encouraged lo take an appropriate part In the spiritual and pradical tasks involved in the furtherance of the charitable objective. Relevant matters may be submitted to the General Congregational Church meeting by the Trustees for guidance or may be raised by members in General Congregational Church meeting for further consideration by Trustees. Publlc Benefit The trustees have considered the guidance produced by the Charty Commission on the provision of publhG benefit and they Gonfim that public benefit has been provided Providing regular public worship open to all Providing sacred space for personal prayer and contemplation Conduding pastoral work including visiting the sick and the bereaved Teaching Christianity thfovgh semons and Bible studies. Promoting the whole mission of the church through activtties for senior itizens, parents and toddlers and other special needs groups
Bethel Apostolic Church of Excellenc• CIO Trustees Report and Accounts For the Perlod from 1 May 2023 to 31 March 2024 Trustees Report Icontlnuod) Flnanclal R•vlew Total receipts on ordinary unrestricted funds were £54.546-2024{202&£49.4411 and are detailed in the financial statements. £50,2W20241202>£45,949) was spent to provKle the Christian ministy. The net result for the year was a surplus of £4.22024{202£3.492) and adding bank and deposit balances brought forward at the beginning of the year. Ihe balances carried forward at 31 March 2024 for unrestricted funds totalled £276,3 (2023-£271.707). Reserves Pollcy The Trustees review the policy on reserves and set targets at least once per annum with reference lo the gUan and terminology published by the Charity Commission. The policy is also reviewed, when warranted by changes in risk assessmenl or business plans. The review includes unrestricted and designated fvrbds arKI tangible fixed assets. Transfer to and from funds are authorised by the Trustees acting as a whole. Risk Management The trustees have examined the major risks which the charity is exposed, and are satisfied that systems are in place to mf(igate exposure to the major risks. Approved by the trustees and slgn•d ¢)n tholr b•half by. Thames Sylva Pastor & Chair of trustee
Bethel Apostolic Church of Excell•nc• CIO Trustees Report and Accounts For the Period from 1 May 2023 to 31 March 2024 Independent examinerfs report to Bethel Apostolic Church of Excèllence CIO I report on the accounts of the charity for the year ended 31 March 2024 which are set out on pages 10 to 16. Re$etIve responsibilities of the Committee and the examiner The charity's trustees are responsible for Ihe preparation of accounts. The chanty's trustees Consider that an audit is not required for this year section 144{2) of the charities Act 2011 (the 2011 Act) and that an independent examinatson is needed. It is my responsibility to.. Examine the accounts under seclion 145 of the 2011 Act. To follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5}(b) of the 2011 act., and To state whether particular matters have come to my attention Basis of indopendent examiner's report My examination was carried out in accordance with the General Dirertions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wilh those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees Conrning any such matters. The procedures undertaken do nol 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 lo those matters set out in the statement telow.
Bethel Apostollc Church of Excellenc• CIO Trustees Report and Accounts For the Period from 1 May 2023 to 31 March 2024 Independent examine8 statement In connection with my examination, no matter has come to my attention.. {1) Which gives me reasonable cause to believe that in any material spect the requirements.. to keep accounting records in accordance wrih section 130 of the 2011 Act.. and to prepare accounts, which accord with the accounting records and comply with the requirements of the 2011 Act have not been met.. or 12) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Donovan St H ModesL HND (Business Siudies- Accouniing). ACG. CIMA Adv Dip MA. CeMAP Modesi & Co Financial Services Ltd 189 Greenhill Avenue. Sheffield. S8 7TJ January 2025
Bethol Apostolic Church of Excellenc• CIO Trustees Report and Accounts For the Period from 1 May 2023 to 31 March 2024 Statement of Financial Activities 01 May 2023 to 31 March 2024 Unrestrlcted Total Fund Fund8 1 May 2022 to 30 Aprll 2023 Total Fund¥ INCOME AND ENDOWMENTS FROM l)onation and leg¥¢ie8 Other Incomg Investrngnt incom• 39.502 14.918 126 39.502 14.918 126 48,602 802 37 Total 49,441 EXPENDED ON Charitablo •ctlvltles 50,250 50,250 45.949 Total 50.250 50,250 45,949 NET INCOME 4,296 4,296 3,492 RECONCILLIATION OF FiINDS Total funds brought forward 271.707 271.707 268.215 TOTAL FUNDS CARRIED FORWARD 276,003 276.503 271.707 io
Both•1 Apostolic Church of Excellence CIO Trustees Report and Accounts For the Perlod from 1 May 2023 to 31 March 2024 Balance Sheet as at 31 March 2024 .Notts 21124 2023 Flx•d Assets Tangible assets 281650 912 281.650 Current Assets Cash al Bank Debtors 12338 4.715 28.621 2.742 Current Llabllltlos Amount falling due within one year et current s8•t• 16.053 31.363 Total Agsots les Curr•nt Llatsilitl•s 298.615 313,013 Creditors.. amount falllng du• after ono year 22.612 41J06 Totsl Net A¥$•ts 276.003 271,7117 Funds of th• charity Total Unrestricted Funds 276.003 271.707 The notes on pages 12 to 16 form part of these financial statements Accounts approved by the trustees and slgned on thelr behalf by: Thames Sylva (Pastor & Chair)
Bethel Apostollc Church of Excellence CIO Trustees Report and Accounts For the P•rlod from 1 May 2023 to 31 March 2024 Not•s to th• Ilnanclal statMionts for th• p•rlod 1 May 2023 to 31 March 2024 Accountlng Pollcl 8•sis of proparation ol financial statements The finan¢ial statents have been prepared under the historical cost convention b) Income and Expenditure All income and expenditure is accounted for on an accnjal basis. Fund Accountlng The unrestn.cted funds are available for use at the diSCretn of the Trustees in furtherance of the general objects.ves ol the Charity. There are no restricted funds held by the Charty dl Tangibl8 fixed assots Tangible fixed assets eosbng rrKJre than £200 are capitslised and at historic wst. Fixed assets are stated al cost less accumulated depreciation Depreciation Depreciation is provided at rales calculated to write off the cost of the fixed assets, less their estimated residual value. over their expected usefvl Iwes on the following bases.. Freehold propety Buikling improvement Plant & Machinery Fixtures & Ffftings Office Equipment Audio Visuals Laptops & Computers Motor Vehicle not provbjed 4% straight line 10% straight line 20Qk straight line 200kn straight line 100A straight line 20% straight line 20% straight line Donatlon and L•gcl 0110512023 to 3110312024 Unresiricied Toil FvDds Total Funds Funds 0110512022 to 3010412023 Donations & Offering 39J02 39J02 4&002 Total 392 39J02 12
Bethel Apostollc Church of Excellenc• CIO Tru5tee5 Report and Accounts For the Period from 1 May 2023 to 31 March 2024 Not•s to the flnaTrclal statomonts contlTru 3. Other Charitable Activites 0110512023 to 3110312024 Uttmtricied Total Fund$ Funds 0110512022 to 3010412023 Total Funds GiftA Sunday School Books National Convocation Fees District Convccalion Fees Fundraising & Sponsorship National Grant I2 lJ32 328 io.( 328 i0 Other income Total 3.058 14.918 3.058 14.918 4.Investm&nt Income 0110512023 lo 3110312024 Uoresiriettd Totsl Funds Funds 0110512022 to 3010412023 Total Funds Bank interest Total 126 126 13
8ethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the P•rlod from 1 May 2023 to 31 March 2024 Notes to tho flnanclal Stat• contlnuod Charltabl• Actlvltl•• Cost 0110512023 0110512022 to to 3110312024 3010412023 Administration cost COmmunation cost 751 1.021 2.516 743 997 1.951 Financing Cost Govemance Cost Depreciation on tangible assets owned by the chanty Consultancy fee Legal fee Accountsncy fee Independent Exarninatn Insurance Property Cost Small EquipmenVFumrturelRepairs & Maintenance Securty Supplies & Services Transport & Transportation Cost Traininglconferenceslshort Courses 180 38 176 1.C65 936 2,760 593 3.015 630 1,279 959 2,825 607 3.087 645 1.310 4,427 2,200 6,875 2,391 15,366 510 4,323 2,400 6,714 2,335 15,006 498 StipendlHonorarium Personnel Cost Mission & Ministry C05t OutreachlAdvertisingl Evangelism Ecclesiastical Support Cost Icontribution towanl8 the responsibilitles of the Natlonal Church) Miscellaneous Expenses 3.642 528 Total Expendhurg on ¢h•rltablè actlvltlos 50.250 46.949 Trnstees Romunoratlon and 8engfft8 One trustee received Honona for the suppty of contracted sefvices for the year ended. 31 March 2024, £2,20012023-£2.4(K)I Trustees expenses There was no trustee s expense5 paKI for the year ended 31 March 202412023-£01. 14
Bethel Apostollc Church of Excellence CIO Trustees Report and Accounts For the Perlod from l May 2023 to 31 March 2024 Not•s to th• flnan¢lal statom•nts contlnu•d 7. Independent Examiner Fee 0110512023 0110512022 to to 3110412024 3110412023 Accountant's Invoice 900 1,065 Tangible Fixed Assets Frttbdd Proptm BuddlD¥ Plil & FiiiMres1 MAchiDtTh tbiti• A¥dio laptops Toll I'thicjt C'vmpultr Cost l Ma) 2023 281,650 Additions Surplus on revalualion Disposal Ai 31 March 2024 281,650 950 950 282.600 Depreei2tion Allmay 2023 Charge for the l'ear On disposals 38 38 Ai 31 March 2024 38 38 Net book value At 31 March 912 282.562 At 30 April 2023 281,650 15
Bethel Apostolic Church of Excellonce CIO Trustees Report and Accounts For the Perlod from 1 May 2023 to 31 March 2024 Not•s lo tho flnanclal statements contlnu•d Credlto 0110512023 0110512022 to to 3110312024 3010412023 Creditors.. amounts falling due wthin one year 900 1,065 1,065 10. Credltors 0110512023 0110512022 to to 3110312024 3010412023 Creditors.. amounts falling due mre than one year 22.612 41,306 22.612 41,306 11. Debtor8 0110512023 0110512022 to to 3110312024 3010412023 Memtefs Loan 4,715 4,715 2,742 2742 16