2022-03-31-accounts

Bethel Trust Port Talbot (CIO)

Bethel Trust Port Talbot

CIO

TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31st March 2022

Charity number 1157288

Bethel Trust Port Talbot, Sandfields Road, Aberavon, Port Talbot. SA12 6LR

1

Bethel Trust Port Talbot (CIO)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Dr Elizabeth Hill O’Shea Anthony Hill O’Shea Rev Michele Matthews Mr Wayne Morris Margaret Rose Secretary Rev Shaun O’Keefe Chair Dr Elizabeth Hill O’Shea

Registered Office Bethel Trust Port Talbot, Sandfields Road, Aberavon, Port Talbot. SA12 6LR

Governing Document

Bethel Trust Port Talbot is governed by its Trust Deed dated 3 June 2014 amended on 28 Jan 2016 and as amended on 16 Aug 2019.

Bethel Trust Port Talbot is a CIO incorporated on 3 June 2014.

Bankers Natwest Bank Plc

Independent Examiner Adrian Curtis

Adrian Curtis Limited 157 Parc Bryn Derwen Llanharan Pontyclun Rhondda Cynon Taff CF72 9TX

Registered Charity No. 1157288

Incorporated in England & Wales.

2

Bethel Trust Port Talbot (CIO)

Contents

Cover	1
Legal and administrative information	2
Contents	3
Trustees' Report	4-6
Statement of financial activities	8-9
Statement of assets and liabilities	10-11
Notes to the Accounts	12-13
Independent Examiners Report	14

3

Bethel Trust Port Talbot (CIO)

TRUSTEES' REPORT FOR THE YEAR ENDED 31st MARCH 2022

The Trustees present their report and the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

TRUSTEES OF THE CHARITY

The trustees who have served during the year were as below:

Dr Elizabeth Hill O’Shea Anthony Hill O’Shea Rev Michele Matthews Mr Wayne Morris Margaret Rose

OBJECTIVES AND ACTIVITIES

The objects of the CIO are, for the public benefit, the relief of persons who are in need by reason of financial hardship, ill-health, unemployment, homelessness, education and such other economic or social disadvantage. In addition, for the public benefit, the advancement of the Christian faith in such ways as the charity trustees may from time to time decide.

The charity undertakes this work primarily through Bethel Community Church, which:

• Runs a food community shop for the local community three afternoons a week

• Runs a food bank providing free food to the local three afternoons a week

• Runs a Debt Support Project in partnership with Shelter Cymru

• Runs a Mental Health Hub

• Provides training opportunities for volunteers

• Provides weekly support to people recovering from addiction (Celebrate Recovery)

• Practical assistance to homeless individuals

• Community events such as jumble sales and holiday events

• Runs a leadership training college

• Bible study, prayer, worship and other church activities

• Discipleship courses for new believers

The charity operated from the former Salem Welsh Congregational Church building, which was purchased by the Trust in December 2017.

The work is supported by individuals who volunteer their time and donate their time and resources to help the charity further its objects. The Trustees would like to thank all those who have supported the charity over the year.

PUBLIC BENEFIT STATEMENT

When planning our activities for the year, the trustees have considered the Commission's guidance on public benefit and the specific guidance on charities for the advancement of religion.

4

Bethel Trust Port Talbot (CIO)

CHAIRS’ REPORT 2021-2022 by Dr Elizabeth Hill O’Shea

These past few years have been unlike we’ve ever known in our generation. When Covid hit the world stage, it brought necessary safeguards and changes. In terms of our charity outreach work, we have seen ongoing growth and development. Last year, because of Covid, we had to change how we delivered our food poverty alleviation project. During the peak of Covid, we expanded our Food bank and with funding, were able to provide and deliver free food to between 350 – 400 members of the public every week throughout most of 2020 and early 2021. Thankfully, restrictions have eased and we’ve been able to reopen our doors to the public. Now at Bethel Trust we run a Food bank and Community Food shop side by side, open three afternoons each week. For those clients then who come in and ask for foodbank food, they receive food entirely free. For those who come in to ‘shop’ in our community food shop, do so and donate a suggested fee for a bag of food.

We are grateful to Neath Port Talbot Council who have provided funding for our food poverty alleviation projects. We’re also grateful to local supermarkets who have kindly donated their surplus food items to the work of our charity. These include Lidl Port Talbot, Lidl Cadoxton Road Neath and Aldi Port Talbot. Morrisons in Port Talbot have also been hugely supportive of our work and have donated much free food to our foodbank for which we are grateful.

This past year also saw the installation of a new mezzanine floor in our rear building. This has been such an asset to our work with the creation of two additional rooms. We now have a conference room form and a large open room from which we can run projects in a private and confidential space, as well as education. We are grateful that we have launched a Debt Support Project in partnership with Shelter Cymru from this venue. Clients who are experiencing financial debt can come and receive confidential help in a private space. We are able to refer clients to our partner who guide them out of debt. We have also facilitated education courses including Chronic Pain and Self Management Courses run by EPP Cymru. Next year we hope to expand our provision of courses and projects.

The opening months of 2022 saw the beginnings of our Baby bank. People from the local community donate to our charity their good quality baby clothing, Moses baskets, blankets, prams, and other items which we sort through and donate freely to families in need. The official launch took place in May 2022, so I’ll write more on that in next year’s accounts. Needless to say, it has been an exciting start with that project.

2022 has also seen the launching of our Mental Health Hub, which has been a much-needed project. Many of our clients, even many of our volunteers, suffer with mental ill health and we’re grateful that we’ve been able to launch a project to meet that need. I will explain more on that too in next year’s report.

Throughout this past year, we have continued to run our weekly Celebrate Recovery programme, supporting individuals out of addiction. Through our church we continue to run weekly Sunday Church services, prayer meetings, and Bible studies. A number of our volunteers come from the church, working alongside volunteers from the local community.

I would like to formally thank everyone who has supported the work of Bethel Trust Port Talbot this past year, especially to the committed team of leaders, Trustees, and especially all our volunteers who work selflessly for the benefit of the charity and local community. Without their assistance, this work simply wouldn’t take place. Our volunteers give selflessly of their time week after week. I would also like to thank Pastor Shaun O’Keefe and Pastor Wayne Morris, who work voluntary at

5

Bethel Trust Port Talbot (CIO)

Bethel Community Church and who provide much appreciated spiritual support to members. Their prayer and support for everyone and all the projects is invaluable.

Finally, we would also like to express our appreciation to our many partners including Fareshare, Neighbourly, NPT Council, social services, Shelter Cymru, Local Area Coordinators and local PSOs, all of whom have either provided practical, advisory or financial support for the work of the charity. I would like to take this opportunity to thank our funders who place their trust in us when they fund our projects. Funders this past year have included NPT Council, Tesco Community Grants, Barclays Bank, Arnold Clark Community Fund, and Community Foundation Wales. We very much appreciate all your wonderful support. Thank you.

Dr. Elizabeth Hill O’Shea

6

Bethel Trust Port Talbot (CIO)

STRUCTURE, GOVERNANCE AND MANAGEMENT

The work of the Trust is led on a day-to-day basis by Dr. Elizabeth Hill O’Shea who is the Founding Director, Mr Anthony Hill O’Shea (Centre Manager) and by two assistant Pastors – Rev. Shaun O’Keefe and Rev. Wayne Morris – and other Ministry Leaders appointed by them and the other trustees.

The Trustees meet regularly to review the work of the Trust, give future direction, oversight and to ensure good governance.

FINANCIAL REVIEW (INCLUDING RESERVES POLICY)

The trustees recognise that a financial reserve would be good practice however, as a small church, finances care not currently enough to build a financial reserve.

RISK STATEMENT

The trustees have conducted their own review of its major risks to which the charity is exposed and systems have been established to mitigate those risks.

TRUSTEES RESPONSIBILITIES

Charity law 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 Trust as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure for the financial year.

In preparing those financial statements the trustees should follow best practice and select suitable accounting policies and apply them consistently, make judgments and estimates that are reasonable and prudent and prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Trust will continue on that basis.

The trustees are responsible for maintaining proper accounting records, which disclose at any time the financial position of the Trust and to enable them to ensure that the financial statements comply with charity legislation. The trustees are also responsible for safeguarding the assets of the Trust and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.

APPROVAL

The report was approved by the trustees and signed on their behalf on 22[nd] January 2023.

Rev. Dr. Elizabeth Hill O’Shea

Founding Director and Trustee

7

Receipts and payments accounts April 2021 to March 2022

For the period To from 01/04/2021

31/03/2022

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ - 15,228 - 3,900 491 - - - 19,619 - - 19,619	Restricted funds to the nearest £ - 3,000 - 23,829 - - - - 26,829 - - - 26,829	Total funds to the nearest £ - 18,228 - 27,729 491 - - - 46,448 - - - 46,448	Last year to the nearest £
Charitable Activities	-			562
Donations and gifts	15,228			8,775
Gift aid tax recovered	-			-
Grants	3,900			69,522
Other income	491			9
	-			-
	-			-
	-			-
Sub total(Gross income)	19,619			78,868
A2 Asset and investment sales
	-			-
Sub total	-			-
Total receipts
	19,619	26,829	46,448	78,868

8

A3 Payments	429 2,283 7,518 743 52 2,880 918 1,301 - 16,124	469 2,210 33,534 3,942 10,000 334 - 1,379 - 51,868	898 4,493 41,052 4,685 10,052 3,214 918 2,680 - 67,992
Church Ministry	429	469	898	1,331
Social Action & Community	2,283	2,210	4,493	17,854
Buildings & Maintenance	7,518	33,534	41,052	14,064
Travel	743	3,942	4,685	2,717
Staff and Volunteers (inc. training and expenses)	52	10,000	10,052	16,002
Running and Support Costs	2,880	334	3,214	7,241
Charitable Donations	918	-	918	1,426
Other expenditure	1,301	1,379	2,680	740
	-	-	-	-
Sub total	16,124	51,868	67,992	61,375

A4 Asset and investment purchases, (see table)

			-			-			-
			-			-			-
	Sub total
			-			-			-		-
	Total payments		16,124			51,868			67,992		61,375
	Net of receipts/(payments)		3,495		-	25,039		-	21,544		17,493
A5	Transfers between funds	-	4,673			4,673			-		**- **
A6	Cash funds last year end		3,761			20,366			24,127		6,634
	Cash funds this year end		2,583			0			2,583		24,127

9

Section B Statement of assets and liabilities at the end of the period

Unrestricted funds Restricted funds

Categories

B1 Cash funds

Endowment funds

Details

Details	Unrestricted funds	Restricted funds	Endowment funds
Cash at bank Total cash funds	to nearest £ 2,583 - - 2,583	to nearest £ - - - -	to nearest £
	2,583	-	-
	-	-	-
	-	-	-
	2,583	-	-

(agree balances with receipts and payments account(s)) Unrestricted funds Restricted funds

Endowment funds

B2 Other monetary assets B4 Assets retained for the charity’s own use	Details Details Building Fittings	to nearest £ - - - - - - Fund to which asset belongs	to nearest £ - - - - - - Cost (optional) - -	to nearest £
				-
				-
				-
				-
				-
				-
				Current value (optional)
	Building		-	90,000
	Fittings		-	10,000

10

----- Start of picture text -----
B5 Liabilities
----- End of picture text -----

	Vehicle				-		1,600
					-		-
					-		-
			Fund to which liability		Amount due (optional)		When due
	Details		relates				(optional)
	Mortgage				25,183
					-
					-
					-
					-

Trustees' responsibilities

• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

• The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements were approved by the Trustees on 31[st] January 2023 and signed on their behalf by Dr Elizabeth Hill O’Shea, Founding Director and Trustee:

11

NOTES TO THE ACCOUNTS -FOR THE YEAR ENDED 31st MARCH 2022

1. Summary of significant accounting policies

General information and basis of preparation

Bethel Trust Port Talbot (CIO) is a CIO Registered in the United Kingdom. The address of the registered office is given in the charity information on page 3 of these financial statements. The nature of the charity’s operations and principal activities are for the public benefit, the relief of persons who are in need by reason of financial hardship, ill-health, unemployment, homelessness, education and such other economic or social disadvantage. In addition, for the public benefit, the advancement of the Christian faith in such ways as the charity trustees may from time to time decide.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement because it is applying FRS 102 Section 1A.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling, which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Voluntary gifts and donations are included in the statement of financial activities when received, gift aid donation and the tax are accounted for when received and provision made for tax unclaimed at the year end.

Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised or designated by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

12

Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) on a payments and receipt basis.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

Expenditure recognition

All expenditure is accounted for on a receipts and payments basis and has been classified under headings that aggregate all costs related to the category.

Tangible fixed assets

The trustees have reviewed the accounting policy for fixed assets and consider that the capitalisation level is set at £5,000. Other assets purchased are taken at cost in the year of acquisition and no provision is made for depreciation.

13

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BETHEL TRUST PORT TALBOT (CIO)

I report on the accounts of the charity for the year ended 31st March 2022, which are set out in the attached statements.

Responsibilities and basis of report

As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the charity’s gross income was below £250,000 I am competent to undertake the examination as a competent person.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.

There are no concerns that I have come across in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Michael Treharne BA, PGCE

UK National Director for Bridges for Peace Ltd 23 Alma Road

Maesteg Bridgend Mid Glamorgan CF34 9AW