## Charity no.1152072 

## Bethel Apostolic Church Derby 

Trustees Report and Accounts For the year ended 

31 March 2023 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

|Content|Page|
|---|---|
|Charity Information|2|
|Trustees Report|**3-6**|
|Independent Examiner’s Report|**7**|
|Statement of Financial Activities|**8**|
|Statement of Assets and Liabilities|**9**|
|Notes to the Accounts|**10-14**|



1 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## References and administrative Details 

## **TRUSTEES** 

Deveen Amanda Smith Elgetha Williams Rev David Sydney Livingston Veniece Livingston Norma Livingston Rev Eric Dexter George Bailey Eslyn May Bailey Careen Theresa Livingston **Charity Information** Principal address: Kenilworth Avenue Derby DE238TY Bankers Lloyds Bank Independent Examiners Modest & Co Financial Services Ltd 189 Greenhill Avenue Sheffield S8 7TJ 

2 



## Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Trustees Report** 

The Trustees present their report and financial statement for the year ending 31[st] March 2023. The trustees have adopted the provision 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 UK and Republic of Ireland(FRS 102) (effective 1 January 2019) **.** 

## Introduction 

Bethel Apostolic Derby presents its  report as a Unincorporated Association. 

The church became an Unincorporated Association in 18 March 2013. 

Bethel Apostolic Church Derby was a Branch member of Bethel United Church of Jesus Christ (Apostolic) U.K. up to and until 18 March 2013. 

Bethel Apostolic Church Derby is currently an Independent, autonomous Church. It shall fellowship with Bethel United Church of Jesus Christ U.K and other sister churches within the Bethel Fellowship of Churches which pursues similar aims and signposts local beneficiaries to our services. 

## Aims and purposes 

Bethel Apostolic Church Derby has the responsibility of promoting the Oneness Apostolic Faith, primarily but not exclusively within Derby and Nottingham and the surrounding area, evangelism, social and community. 

Bethel Apostolic Church Derby services and worship are through scriptures, prayer, singing and music. 

## Objectives and Activities 

Bethel Apostolic Church Derby is committed to ensuring that as many people as possible come to worship at the church and to become part of the community of Derby and Nottingham  and the surrounding area. 

3 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Trustees Report (continued)** 

## Achievements and Performance 

We have one weekly service in the sanctuary, which consists of two parts; our Sunday School and Evangelical service. Our Sunday school caters for both children and adults by providing Christian education and life skills. We also offer academic support and help to those seeking employment. Our Evangelical service is made up of prayer, worship. We involve our Youth (under 18s) as much as possible. Our weekly services are open to, and have been supported by our local and wider community. 

We have online prayer meeting twice a week. The local community is encouraged the join our Tuesday evening prayer service. 

As a Charity, we support the community by visiting the sick at home and hospital, assisting the families of the bereaved and offering benevolent donations where the need arises 

We organised held our annual Christmas, New Year and Easter service. 

It is the aim of the charity to be accessible to our Community through Pastoral care. 

## 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: 

- ➢ Select suitable accounting policies and apply them consistently 

- ➢ Observe the methods and principles of the Charities SORP; 

- ➢ Make judgements and accounting estimates that are reasonable and prudent 

- ➢ State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- ➢ Prepare the financial statements on the going concern basis unless it is inappropriate to do so. 

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. 

4 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Trustees Report (continued)** 

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. The Constitution permits decisions to be made at a General Congregational Church meeting by a simple majority; Bethel Apostolic Church Derby seeks to work by consensus wherever possible. 

## 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:-. 

- ➢ Providing regular public worship open to all 

- ➢ Providing sacred space for personal prayer and contemplation 

- ➢ Conducting pastoral work including visiting the sick and the bereaved 

- ➢ Teaching Christianity through sermons and Bible studies. 

- ➢ Promoting the whole mission of the church through activities for senior citizens, parents and toddlers and other special needs groups 

## **Financial Review** 

The Church continues to raise the funds which it needs to carry on its activities from within its own membership and congregation. 

The Church is dependents on its membership working as volunteers in all aspects of the church’s life, A number of these activities and initiatives operate with minimal impact on the church’s finances, but nevertheless contribute substantially to the achievement of the church’s overall charitable objectives. 

Total receipts on ordinary unrestricted funds were £30,026(£40,252:2022) and are detailed in the financial statements. 

£35,654(£8,234:2022) was spent to provide the Christian ministry. 

The net result for the year was a loss of -£5,628(£32,018:2022) and adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward at 31 March 2023 for unrestricted funds totalled £349,802(£355,430:2022). 

## **Reserves policy** 

It is Bethel Apostolic Church Derby  policy to maintain reserve in two forms. The property from which it operates and liquid funds. These are for use in the future projects supporting the charity’s objectives. 

## **Risk Management** 

The Bethel Apostolic Church Derby continues adopt a cautious approach towards its decision making. Whilst looking at risk we also consider the related opportunities. 

5 



## Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Trustees Report (continued)** 

Safeguarding remains a high priority in our church, and we ensure this given appropriate attention e.g., as part of our communications during announcements. 

## Plans for the future 

Bethel Apostolic Church Derby is looking to register as a Charitable Incorporated Organisation in 2024. 

## **Approved by the Trustees and signed on their behalf by:** 

## Deveen  Smith 

Deveen  Smith (Apr 30, 2024 07:35 GMT+1) 

## **Deveen Smith** -Trustee 

**April 2024** 

6 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Independent examiner’s report to Bethel Apostolic  Church Derby** 

I report on the accounts of the charity for the year ended 31 March 2023 which are set out on pages 8 to 14. 

## **Respective responsibilities of the Committee and the examiner** 

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

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to: 

- Examine the accounts under section 145 of the 2011 Act. 

- Follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 act; and 

- State whether particular matters have come to my attention 

## **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. 

## **Independent examiner’s 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 respect the requirements: 

   - to keep accounting records in accordance with section 145 of the 2011 Act; and 

   - to prepare financial statements,, which accord with the accounting records and comply with the requirements of the 2011 Act and with the principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 

have not been met; or 

- (2) 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 Modest ACG Modest & Co Financial Services Ltd 

> 189 Greenhill Avenue, Sheffield, S8 7TJ 

April  2024 

7 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Statement of Financial Activities** 

||**Notes**|**Unrestricted**<br>**Fund**|**Total**<br>**Fund**|**Total Fund**|
|---|---|---|---|---|
|||**31 March**<br>**2023**|**31 March**<br>**2023**|**31 March**<br>**2022**|
|||**£**|**£**|**£**|
|**Income and endowment from:**|||||
|Donation and legacies|**2**|29,816|29,816|40,252|
|Investment income|**3**|210|210|-|
||||||
|**Total incoming resources**||30,026|30,026|40,252|
||||||
|**Expenditure on:**|||||
|Charitable activities|**3**|669|669|-|
|Management & Administrative expenses|**5**|32,521|32,521|8,234|
|Governance Cost|**6**|2,464|2,464|-|
|**Total expenditure**||35,654|35,654|8,234|
||||||
|**Net income/(expenditure)**||**(5628)**|**(5628)**|**32,018**|
||||||
|**Reconciliation of Funds**|||||
||||||
|Total funds brought forward||**355,430**|**355,430**|**323,412**|
||||||
||||||
|**Total Funds carried forward**||**349,802**|**349,802**|**355,430**|



8 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Balance Sheet as at 31 March 2023** 

|||**31 March**<br>**2023**|**31 March**<br>**2023**|**31 March**<br>**2023**|**31 March**<br>**2022**|
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Fixed Assets**||||||
|Freehold property/<br>Building  Improvements|**7**||**210,000**|**210,000**|**210,000**|
|Printing, Video & Catering<br>Equipment|||**276**|**276**|**276**|
|Equipment, Furniture &<br>Fittings|**8**||**10,965**|**10,965**|**10,965**|
|Computer Hardware|||**5,833**|**5,833**|**5,833**|
|Total Fixed Assets|||**227,074**|**227,074**|**227,074**|
|Current Assets||||||
|Cash at Bank and in hand||**123,528**||**123,528**|**121,356**|
|Suspense Account|||||**7,800**|
|Total Current Assets||**123,528**||**123,528**|**129,156**|
|||||||
|Liabilities||||||
|Creditors falling due within<br>one year|**9**|**(800)**||**(800)**|**(800)**|
|Net Current assets|||**122,728**|**122,728**|**128,356**|
|||||||
|Total Assets less<br>Current Liabilities||||**349,802**|**355,430**|
|||||||
|Creditors: falling due after<br>more than 1year||||**-**||
|Total Net assets||||**349,802**|**355,430**|
|||||||
|||||||
|||||||
|**Funds of the charity**||||||
|Restricted and  Unrestricted<br>Funds||||**349,802**|**355,430**|



The notes on pages 10 to 14 form part of these financial statements 

## Accounts approved by the Trustees and signed on their behalf by: 

## Deveen  Smith 

Deveen  Smith (Apr 30, 2024 07:35 GMT+1) 

## **Deveen Smith-Trustee** 

**April  2024** 

9 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Notes to the financial statements for the year ended 31 March 2023** 

## **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 Management Committee 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 are stated at cost less depreciation. 

Fixed assets are capitalised in the accounts where their initial cost is a value of £200 and greater, items lower than this amount are expended through the Statement of Financial Activities. 

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 not provided Fixtures & Fittings & Office Equipment                         20% straight line Printing, Video & Catering Equipment                          10% straight line Heating System 10% straight line Computer & Laptops                                                     20% straight line Motor Vehicles 25 % Reducing balance 

10 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Notes to the financial statements for the year ended 31 March 2023** 

## **2.** Donation and Legacies 

|**2.**<br>Donation|and Legacies|||
|---|---|---|---|
||**31 March 2023**|**31 March 2023**|**31 March 2022**|
||**Unrestricted**<br>**Funds**|**Total Funds**|**Total Funds**|
||**£**|**£**|**£**|
|Donations &<br>Offering|**29,816**|**29,816**|**40,252**|
|||||
|**Total**|**29,816**|**29,816**|**40,252**|



## **3 .Investment Income** 

||**31 March 2023**|**31 March 2023**|**31 March 2022**|
|---|---|---|---|
||**Unrestricted**<br>**Funds**|**Total Funds**|**Total Funds**|
||**£**|**£**|**£**|
|Interest|**210**|**210**|**-**|
|||||
|**Total**|**210**|**210**|**-**|



## **4. Charitable Activities cost** 

||**31 March**<br>**2023**|**31 March**<br>**2023**|**31 March**<br>**2022**|
|---|---|---|---|
||**Unrestricted**<br>**Funds**|**Total Funds**|**Total Funds**|
||**£**|**£**|**£**|
|Mission & Ministry Cost|669|669|1,312|
|Outreach and Evangelism||||
|Ecclesiastical Support Cost [**Contribution towards**<br>**the** **responsibilities of the National Church**]||||
|**Total**|669|669|1,312|



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Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Notes to the financial statements for the year ended 31 March 2023** 

## **5. Management  & Administrative Expenses** 

||**31 March**<br>**2023**|**31 March**<br>**2022**|
|---|---|---|
|||**£**|
|Administration|-|900|
|Communication expenses|-|432|
|Depreciation on tangible assets: Owned by the<br>Charity|||
|Charity Consultancy fees|-|-|
|Insurance|2,239|1,625|
|Utilities|1,698|1,979|
|Independent Examination|||
|Professional Fees|1,250|-|
|Marketing & Advertising|||
|Training/Short Courses/Conferences|||
|Transportation & Travel|950|-|
|Equipment Purchase/Rental/Repairs|1,180|-|
|Property Expenses|25204|1,186|
|Supplies & Services|-||
||||
|**Total**|**32,521**|**6,122**|



## **6. Governance Cost** 

||**31 March**<br>**2023**|**31 March**<br>**2023**|**31 March**<br>**2022**|
|---|---|---|---|
||**Unrestricted**<br>**Funds**|**Total Funds**|**Total Funds**|
||**£**|**£**|**£**|
|Trustee Remuneration &Expenses|1,519|1,519|-|
|Accountancy & Legal fees|800|800|800|
|DBS|145|145|-|
|**Total  Governance costs**|**2,464**|**2,464**|800|



## 7. **Trustees Remuneration and Benefits** 

One trustee received Honoria for the supply of contracted services for the year ended 31 March 2023, £1,519 (2022-£0) 

## **Trustees` expenses** 

There was no trustee`s expenses paid for the year ended 31 March 2023(2022-£0). 

12 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## **Notes to the financial statements for the year ended 31 March 2023** 

## **8. Tangible Fixed Assets** 

||**Freehold**<br>**Property/Building**<br>**Improvements**|**Fixtures,**<br>**fittings &**<br>**Equipment**|**Audio/**<br>**Heating**<br>**System/**<br>**Kitchen**<br>**Equipment**|**Computer**<br>**Hardware**|**Total**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|**Cost**||||||
|1 April  2022|**210,000**|**10,965**|**276**|**5,833**|**227,074**|
|Additions||||||
|Surplus on<br>revaluation|**-**|**-**|**-**|**-**|**-**|
|Disposal||||||
|At 31 March 2023|**210,000**|**10,965**|**276**|**5,833**|**227,074**|
|||||||
|**Depreciation**||||||
|At 1 April 2022|**-**|**-**|**-**|**-**|**-**|
|**Charge for the year**|**-**|**-**|**-**|**-**|**-**|
|**On disposals**|**-**|**-**|**-**|**-**|**-**|
|At 31 March 2023|**-**|**-**|**-**|**-**|**-**|
|||||||
|**Net book value**||||||
|At 31 March 2023|**210,000**|**10,965**|**276**|**5,833**|**227,074**|
|At 31 March 2022|**210,000**|**10,965**|**276**|**5,833**|**227,074**|



## **9. Creditors** 

||**31 March 2023**|**31 March 2022**|
|---|---|---|
||**£**|**£**|
|Creditors: amounts falling due within one<br>year(Accountants Invoice)|**800**|**800**|
||||
|Total|**800**|**800**|



13 



Bethel Apostolic Church Derby Trustees Report and Accounts For the year ended 31 March 2023 

## Detailed Statement of Financial Activities for the Year Ended 31 March 2023 

||**31 March 2023**|**31 March 2022**|
|---|---|---|
|||**£**|
|INCOME AND ENDOWMENTS|||
|DonationandLegacies|||
|Donation and offering|29,816|40,252|
|Interest Income|210|**-**|
|**Sub-Total**|||
||||
|Total Incomingresources|**30,026**|**40,252**|
||||
|EXPENDITURE|||
|Charitable Activities|||
|Mission & Ministry Cost|669|1,312|
|Outreach and Evangelism|-|**-**|
|**Ecclesiastical Support**Cost [Contribution towards<br>the responsibilities of the National Church]|-|**-**|
|**Sub-Total Charitable Activities**|**669**|**1,312**|
||||
|Management & Administration Expenses|||
|Administrationexpenses|**-**|**900**|
|Communication expenses|**-**|**432**|
|Depreciation on tangible assets: Owned by the<br>Charity|**-**|**-**|
|Management Consultancy fees|**-**|**-**|
|Insurance|2,239|**1,625**|
|Utilities|1,698|**1,979**|
|Professional Fees|1,250|**-**|
|Marketing &Advertising|**-**|**-**|
|Training/Short Courses/Conferences|**-**|**-**|
|Transportation & Travel|950|**-**|
|Equipment Purchase/Rental/Repairs|1,180|**-**|
|Property Expenses|25,204|**1,186**|
|Supplies & Services|-|**-**|
|MiscellaneousExpenses|-|**-**|
||||
|**Sub-Total**Management & Administration<br>Expenses|**32,521**|**6,122**|
||||
||||
|**Governance costs**|||
|TrusteeRemuneration&Expenses|1,519|**-**|
|Accountancy & Legal fees|**800**|**800**|
|DBS|145|**-**|
|**Sub-Total  Governance costs**|**2,464**|**-**|
||||
|**Total resources expended**|**35,654**|**8,234**|
||||
|**Net Income**|**(5,628)**|**32,018**|



This page does not form part of the statutory financial statements. 

14