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2025-03-31-accounts

Registered Charity Number.1149299

Bethel Apostolic Church of Excellence CIO

Trustees Report and Accounts for the year ended

31 March 2025

Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Contents

Page
References and administrative information 2
Trustees Report 3/7
Independent Examiner’s Report 8/9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12/16

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

References and administrative information

Trustees Pastor Thames Sylva (Chair) Evangelist Marcia Woolley-trustee Sister Hazel Samuels-trustee Missionary Nerissa Purkiss-trustee Minister Rebekah Sylva Sister Tracey Grant Minister Andrene McLeod

Principal address 100 Ladywood Road Ladywood Birmingham West Midlands B16BSZ Independent Examiners Modest & Co Financial Services Ltd 189 Greenhill Avenue Sheffield S8 7TJ Bankers TSB Bank PLC Henry Duncan House, 120 George Street Edinburgh EH2 4LH

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Trustees Report

Introduction

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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 (FRS 102) (effective 1 January 2019).

Bethel Apostolic Church of Excellence was incorporated as a charitable Incorporated organisation on 23 February y 2023.

This decision was driven primarily by the desire to take advantage of the separate legal personality and limited legal liability for Trustees.

Bethel Apostolic Church of Excellence 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 services.

Aims and purposes

Bethel Apostolic Church of Excellence has the responsibility of promoting the Oneness Apostolic Faith, primarily but not exclusively within Ladywood, Birmingham and the surrounding area, evangelism, Outreach, social and community.

Bethel Apostolic Church of Excellence worship services are through scriptures, preaching, teaching, prayer, singing and music.

Objectives and Activities

Bethel Apostolic Church of Excellence is committed to ensuring that as many people as possible come to worship at the church and to become part of the community of Birmingham.

Achievements and Performances

Bethel Apostolic Church of Excellence (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 sanctuary and online for the church members and the general public.

Quarterly, Pastor meets with the pastoral team to discuss 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 with the inclusion of a strategic service delivery plan.

The Church financial year begins 1April to the end of March each year. The Church year runs from one national convocation to the next.

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Trustees Report(Continued)

Sunday Services

Sunday Morning is grounded with Christian Education for both children and adults.

Infants, children, young people, new converts and adults gather in their delegated areas for Sunday School. The worship services continue to be vibrant, uplifting with vibrant songs, testimonies and prayerful thanksgiving and petitions. Community members, family members and friends have continued to be in attendance and a valued support.

Midweek Evening Services

Wednesday and Friday evening services involve worship, prayers, Bible study, interactive, discussions, various trainings and workshops designed to address everyday issues. These services are also open to the public. We also carried out activities for the Youth and Young Adults auxiliary (reading online and presentation nights), Women's Department (external speakers invited on Fridays) and the Men's Ministry (every third Fridays) and Treasured Saints leading prayer online (Tuesdays). There is also ongoing participation in Bethel UK National Prayer Call and District 1 meetings.

These combined activities help to train members in leadership roles, public peaking, building their confidence in ministries, and discovering their individual strengths and talents.

Discipleship

Spiritual formation and development occurred on several platforms:

Youth - Planned and executed their first residential retreat and welcomed guests from regional churches and an international speaker who encouraged them for several days in teaching, team building activities, managing finance, and sports activities. Youth visited other youth events together throughout England and Wales. They also attended and contributed to District youth events.

Women - invited health and wellbeing, speakers to empower and encourage women in the church and local community. Spiritual plant growing ongoing activity. Financial aid group to support single mothers. Social dinners designed to build relationships and strengthen community bonding.

Other achievements in 2024-2025:

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Trustees Report (Continued)

We celebrated Christmas 2024 with a fellowship dinner, concert, play and watch night prayer to welcome in the New Year. We celebrated with all our church members, community families and friends. For Easter, we held an evening service, invited the community and the children executed a play called “The Tomb is Empty”.

We welcome 4 water Baptism, 2 Baby Blessings, 1 returnee, and individuals who visit regularly.

Future Plans

The church leadership and Trustees plan to continue to promote spiritual growth and a balanced lifestyle through education and workshops by involvement in the local community and beyond as set out in the objectives.

We have executed the plan to extend our summer school VBS with a mission director for overseas in the Caribbean sponsoring, support and furnish less fortunate children with educational supplies and a Christian curriculum in Summer 2025. This is ongoing.

Trustees

The Board meets regularly to evaluate and assess relative importance of the charity and ensure the smooth operation thereof.

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Trustees Report(Continued)

Statement of Trustees` responsibilities

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 charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Structure, Governance and Management

The Church is governed by an Approved Governing Document. Members of the Church are accepted in accordance with the Constitution which requires them to be or to have been publicly baptised on the profession of faith in Jesus Christ and following a mode of baptism as per Acts 2v38.

A trustee meeting takes place throughout the year and has responsibility for the overall policy of the church. In accordance with the Constitution, the trustees, who together with 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 charity. All trustees are encouraged to take an appropriate part in the spiritual and practical 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 the Trustees.

Public Benefit

The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided By:-.

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Trustees Report (Continued)

Financial Review

Total receipts on ordinary unrestricted funds were £69,520-2025(£54,546-2024) and are detailed in the financial statements.

£53,081-2025(£50,250-2024) was spent to provide the Christian ministry.

The net result for the year was a surplus of £16,439-2025(£4,296-2024) and adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward on 31 March 2025 for unrestricted funds totalled £292,442 (2024-£276,003).

Reserves Policy

The Trustees review the policy on reserves and set targets at least once per annum with reference to the guidance and terminology published by the Charity Commission. The policy is also reviewed, when warranted by changes in risk assessment or business plans. The review includes unrestricted and designated funds and 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 mitigate exposure to the major risks.

Approved by the trustees and signed on their behalf by:

Thames Sylva Pastor & Chair Trustee September 2025

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Independent examiner’s report to Bethel Apostolic Church of Excellence CIO

I report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 10 to 16.

Respective responsibilities of the Committee and the examiner

The charitys trustees are responsible for the preparation of accounts. The charitys 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 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 Commission.

An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also 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.

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Donovan St H Modest, HND (Business Studies - Accounting), ACG, CIMA Adv Dip MA, CeMAP Modest & Co Financial Services Ltd 189 Greenhill Avenue, Sheffield, S8 7TJ September 2025

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Statement of Financial Activities Statement of Financial Activities
01 April 2024 01 May 2023
to 31 March 2025 to 31 March
2024
Notes Unrestricted Total Total
Fund Funds Funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donation and legacies 2 54,469 54,469 39,502
Other Income 3 14,611 14,611 14,918
Investment income 4 440 440 126
Total 69,520 69,520 54,546
EXPENDED ON
Charitable activities 5 53,081 53,081 50,250
Total 50,250
NET INCOME 16,439 16,439 4,296
RECONCILLIATION OF FUNDS
Total funds brought forward 276,003 276,003 271,707
TOTAL FUNDS CARRIED FORWARD 292,442 292,442 276,003

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

Balance Sheet as at 31 March 2025

Notes 2025 2024
£ £ £
Fixed Assets
Tangible assets 8 284,355 284,355 282,562
Current Assets
Cash at Bank 20,808 20,808 12,238
Debtors 11 4,860 4,860 4,715
Current Liabilities
Amount falling due within
9
1,200 1,200 900
one year
Net current assets 24,468 24,468 16,053
Total Assets less 308,823 308,823 298,615
Current Liabilities
Creditors: amount falling 10 16,381 16,381 22,612
due after one year
Total Net Assets 292,442 292,442 276,003
Funds of the charity
Total Unrestricted Funds 292,442 292,442 276,003

The notes on pages 12 to 16 form part of these financial statements

Accounts approved by the trustees and signed on their behalf by:

Thames Sylva (Pastor & Chair) September 2025

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

N otes to the financial statements for the period 1 April 2024 to 31 March 2025

1 Accounting Policies

a) Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention

b) Income and Expenditure

All income and expenditure is accounted for on an accrual basis.

c) Fund Accounting

The unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity.

There are no restricted funds held by the Charity

d) Tangible fixed assets

Tangible fixed assets costing more than £200 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation.

Depreciation

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property

Freehold property not provided Building improvement 3% straight line Plant & Machinery 10% straight line Fixtures & Fittings 20% straight line Office Equipment 20% straight line Audio Visuals 10% straight line Laptops & Computers 20% straight line Motor Vehicle 20% straight line

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

N otes to the financial statements continued

2 Donation and Legacies

01/04/2024 01/04/2024 01/05/2023
to to
31/03/2025 31/03/2024
Unrestricted Total Funds Total Funds
Funds
£ £ £
Donations & 54,469 54,469 39,502
Offering
Total 54,469 54,469 39,502

3. Other Charitable Activities

01/04/2024 01/04/2024 01/05/2023
to to
31/03/2025 31/03/2024
Unrestricted Total Funds Total Funds
Funds
£ £ £
Gift Aid 8,015 8,015 1,532
Sunday School Books -
National Convocation Fees -
District Convocation Fees -
Fundraising & Sponsorship 328
Grant Income 2,400 2,400 10,000
Other income 4,196 4,196 3,058
Total 14,611 14,611 14,918

4.Investment Income

01/04/2024 01/04/2024 05/2023
to to
31/03/2025 31/03/2024
Unrestricted
Total Funds
Total Funds
Funds
£
£
£
Bank interest 440
440
126
Total 440
440
126

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

N otes to the financial statements continued

5. Charitable Activities Cost

01/04/2024 01/05/2023
to to
31/03/2025 30/04/2024
£ £
Administration cost 1,080 751
Communication cost 1,370 1,021
Financing Cost 1,756 2,516
Governance Cost 185 180
Depreciation on tangible assets owned by the charity 67 38
Consultancy fee 1,300 -
Independent Examination 1,200 900
Insurance 973 959
Property Cost 9,516 2,825
Small Equipment/Furniture/Repairs & Maintenance 303 607
Security 1,461 3,087
Supplies & Services 2,078 645
Transport & Transportation Cost 1,206 1,310
Training/Conferences/Short Courses 555 -
Utilities 6,531 4,427
Stipend/Honorarium 2,400 2,200
Personnel Cost 7,766 6,875
Mission & Ministry Cost 6,086 2,391
Outreach/Advertising/ Evangelism 6,799 15,366
Ecclesiastical Support Cost [Contribution towards 360 510
the responsibilities of the National Church]
Miscellaneous Expenses 89 3,642
Total Expenditure on charitable activities 53,081 50,250

6. Trustees Remuneration and Benefits

One trustee received Honoria for the supply of contracted services for the year ended. 31 March 2025, £2,400 (2024-£2,200)

Trustees` expenses

There was no trustee`s expenses paid for the year ended 31 March 2025(2024-£0).

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

N otes to the financial statements continued

7. Independent Examiner Fee

7. Independent Examiner Fee
01/04/2024 01/05/2023
to to
31/03/2025 31/04/2024
£ £
Accountant`s Invoice 1,200 900

8. Tangible Fixed Assets

Freehold Building Plant & Fixtures/ Office Audio Laptops Motor Total
Property Improvement Machinery fittings Equipment Visuals & Vehicle
Computer
£ £ £ £ £ £ £ £ £
Cost
1 April 2024 281,650 950 282,600
Additions 2,024 - - - - - 2,024
Surplus on - - - - - - - -
revaluation
Disposal
At 31 March 281,650 950 2,024 - - - - - 284,624
2025
Depreciation
At 1 April - 38 - - - - - - 38
2024
Charge for - 29 202 - - - - = 231
the year
On disposals - - - - - - - - -
At 31 March - 67 202 - - - - - 269
2025
Net book
value
At 31 March 281650 883 1,822 - - - - - 284,355
2025
At 30 April 281,650 921 - - - - - - 281,650
2024

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Bethel Apostolic Church of Excellence CIO Trustees Report and Accounts For the Period from 1 April 2024 to 31 March 2025

N otes to the financial statements continued

9. Creditors

01/04/2024 01/05/2023
to to
31/03/2025 31/03/2024
£ £
Creditors: amounts falling due within one year 1,200 900
1,200 900
Creditors
01/04/2024 01/05/2023
to to
31/03/2025 31/03/2024
£ £
Creditors: amounts falling due more than one 16,381 22,612
year
16,381 22,612

10. Creditors

11. Debtors

01/04/2024 01/05/2023
to to
31/03/2025 31/03/2024
£ £
Members Loan 4,860 4,715
4,860 4,715

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