Bethel United Church of Jesus Christ Apostolic (Telford)
Financial Report Compiled 2023
For the financial year ending 31[st] December 2023
FINANCIAL REPORT COMPILED 2023
COMPILED BY THE FINANCE TEAM
Bethel United Church of Jesus Christ
Contents
Contents..........................................................................................................1 Independent Examiner Report.........................................................................2 Reference and administrative details of the charity, its trustees and advisers.3 Balance Sheet..................................................................................................5 Statement of Financial Activities.....................................................................6 Direct Costs (Expenditure)...............................................................................7 Closing Bank Balances @ 31[st] December 2023................................................9 Income.............................................................................................................9 TAR DOC........................................................................................................10
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Bethel United Church of Jesus Christ
Independent Examiner Report
I have examined the financial statements of Bethel United Church of Jesus Christ Apostolic (Telford) for the year ended 31[st] December 2023. Which comprise the Statement of financial activities, the Balance Sheet and the related notes. The financial reporting framework that has been applied in their preparation is applicable law. ~~Assign against my will.~~
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Bethel United Church of Jesus Christ
Reference and administrative details of the charity, its trustees and advisers.
For the Year Ended 31[st] December 2023
Trustees Mr. Raymond Narme, (Chairman)
Mrs Lessorn Foster-Brooks
Mrs Joanne Victoria Johnstone
Mr. Billixine Bell
Mrs. Audrey Elsa Graham
Charity registered Number 1164381 Principal Office 39 Tan Bank, Wellington, Shropshire TF1 1HJ
Independent Examiner Richard Simms 32 Chepstow Drive, Leegomery Telford TF1 6UP
Bankers Natwest Bank Pic. 217 Dean Street Telford Town Centre TF3 4BB
TSB
8 Walker Street Wellington, Telford TF1 1BE Shropshire
Solicitors
Lanyon Bowdler Solicitors Telford Shopping Centre Hazeldine House Central Square Telford TFS 4JL
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Bethel United Church of Jesus Christ Page 4 of 23
Bethel United Church of Jesus Christ
Balance Sheet
As of 31[st] December 2023
Fixed Assets £ £ Tangible assets 4,922 Investment property 188 000 Total tangible assets 192,922 192,922 Current Assets Fixtures & Fittings * 2,491 Bank Balances Natwest 22,898 TSB 57,457 82,846
Net current (liabilities)/assets
_
Total assets 275,768
Net assets Charity Funds Creditors: Unrestricted funds 275,768
Total funds 275,768
- F&F takes into account depreciation @ 15%. TSB bank balance to be confirmed
The financial statements were approved by the Trustees on 28[th] January 2024 and signed on their behalf, by:
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Bethel United Church of Jesus Christ
Statement of Financial Activities
| Statement of Financial Activities | Statement of Financial Activities | Statement of Financial Activities | |||||
|---|---|---|---|---|---|---|---|
| For the Year Ended 31st December 2023 | |||||||
| Income from: | |||||||
| Unrestricted | Total | ||||||
| funds | |||||||
| Donations and legacies | 42,075 | ||||||
| 42,075 | |||||||
| Gift Aid (HMRC) | 4,410 | ||||||
| 4,410 | |||||||
| Fundraising Activities | 0 | ||||||
| 0 | |||||||
| Interest Income | 662 |
~~?~~ | |||||
| __ 662 ~~?*~~ |
|||||||
| Total Income 4~~6~~ ~~7~~,147 ~~,485~~ |
4~~6~~ ~~7~~ ~~,485~~ ~~1~~47 |
||||||
| Expenditure on: | |||||||
| Direct Costs | 31,187 | ||||||
| 31,187 ~~26,832~~ |
~~26,832~~ | ||||||
| Total Expenditure | ______ | ||||||
| ______ | |||||||
| 31,187 | |||||||
| 31,187 ~~2~~ ~~6,832~~ |
~~2~~ ~~6,832~~ |
||||||
| Net expenditure before investment gains | 15,960 ~~12,017~~ |
||||||
| 15,960 ~~12,017~~ |
|||||||
| Net income (expenditure) before other | |||||||
| recognized gains and losses | 15,960 | ||||||
| 15,960 | |||||||
| ~~12,017~~ ~~12,017~~ |
|||||||
| Net movement in funds | 15,960 | ||||||
| 15,960 | |||||||
| ~~12,017 12,017~~ | |||||||
| ______ | |||||||
| Reconciliation of funds |
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Bethel United Church of Jesus Christ
Total funds brought forward 256,029 256,029 Total funds carried forward 271,989 ~~256,029~~ 271,989 ~~256,029~~
Notes:-
Petty Cash Balance for 1[st] January 2023 to 31[st] December £ 0.00 Cash Transfer to Petty Cash was £3,900 Bank transfer to TSB of £15,000.00 Interest is an estimate based on the interest received up to December ~~April~~ 2023
Direct Costs (Expenditure)
| £ | £ | |
|---|---|---|
| Stipend | 6,000 | 6,000 |
| Charitable Donations | 8,160 | 8,160 |
| Repairs Maintenance | 5,006 | 5,006 |
| Security & Insurance | 2,010 | 2,010 |
| Utilities | 7,299 | 7,299 |
| Ofce Supplies | 0 | 0 |
| Miscellaneous | 2,712 | 2,712 |
| Equipment (audio/visual) |
0 | 0 |
| Total | 31,187 | 31,187 |
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Bethel United Church of Jesus Christ Page 8 of 23
| Bethel United Church of | Jesus Christ | |
|---|---|---|
| Expenditure | 2023 | 2022 |
| Charitable Donations | 14160.00 | 12731.00 |
| Maintenance | 5006.00 | 3881.00 |
| One-of Expenses | 2712.00 | 3098.00 |
| Heating and Phone (Utilities) | 7299.00 | 5167.00 |
| Church Security and Insurance | 2010.00 | 1955.00 |
| £31,187.0 | ||
| Grand total | 0 | £26,832.00 |
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Bethel United Church of Jesus Christ
Closing Bank Balances @ 31[st] December 2023
NatWest ~~£~~ ~~1~~ 9,297.67 TSB 73, ~~0003~~ 03 ~~. 001~~ 3 ~~approximately~~
~~Total 92,297.67.00~~
Total 92,600.80
All values in GBP
Income
| Cash Deposits (Tithes & Oferings) Direct Debits into NatWest Interest o n Bank Deposit Gift Aid from HMRC (2023) |
23,047.82 19,027.53 662.06 4,410.17 |
23,047.82 19,027.53 662.06 4,410.17 |
|
|---|---|---|---|
| ~~4~~ | ~~64855~~ | ~~7~~,147.58 | |
| ~~,.~~ |
All values in GBP
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Bethel United Church of Jesus Christ TAR DOC Page 11 of 23
Bethel United Church of Jesus Christ
Trustees’ Annual Report for the period
From 1 January 2023 Period start date To 31 December 2023 Period end date
Charity name: Bethel Unite Church of Jesus Christ Apostolic (Telford)
Charity registration number: 1164381
Objectives and Activities
| SORP reference | |||
|---|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The primary objective of the charity is to advance the Christian faith. For the furtherance of religious education through teaching and preaching: assisting those in need and providing relief to the poor and those in need, the sick and elderly. The church provides activities throughout the year for the community for the benefit of the public. Our aim and mission statement is to: Break all racial and social barriers Have an impact in our community by presenting a welcoming environment which meets spiritual, social and emotional needs by demonstrating the love of God. |
|
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Bible studies and teaching of the Christian faith. To be restarted: Youth activities which includes, singing, craft work~~,~~ ~~film club~~ ~~.~~Coffee mornings provide an opportunity to provide a meal or light refreshments; arts and crafts~~;~~ and blood pressure monitoring. |
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Bethel United Church of Jesus Christ Day trips for the members and wider community, friends and family. Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference |
||||
|---|---|---|---|---|
| Policy on grant making | Para 1.38 | In order to accomplish our activities and duties, the board of trustees meet to discuss and review our own guidelines ensuring that we adhere to them. |
||
| Policy on social investment including program related investment |
Para 1.38 | Consideration is given to the charity commission’s guidance on public benefits and guidance on charities for the advancement of religion. We continue to provide a public service to the community which includes the provision of a place for worship towards God which is accessible to the general public. |
||
| Contribution made by volunteers |
Para 1.38 | |||
| Other | ||||
| Achievements and Performance | ||||
| SORP reference | ||||
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the |
Para 1.20 | 1. 2. ~~3~~ |
Worship services ~~Youth activities~~ ~~Coffee mornings~~ ~~Day trips~~ ~~B~~ible studies Prayer meetings Baby blessings Holy communion ~~Choir rehearsals~~ Hospital visits |
|
| ~~.~~ ~~4~~ |
||||
| ~~.~~ ~~5~~ |
||||
| ~~.~~ 6. 7. 8. 9. ~~10~~ |
||||
| ~~.~~ |
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| Bethel United Church ofJesus Christ | ||||
|---|---|---|---|---|
| circumstances of its beneficiaries and any wider benefits to society as a whole. |
11. Home visits 12. Funerals 13. Weddings 14. Baptisms 15. Christmas community meal 16. ~~Christmas performances~~ The Charity completed registration for Gift Aid purposes with HMRC and are claiming; The above services are open and inclusive to members of the church, friends, families and the general public. |
11. 12. 13. 14. 15. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|---|
| Achievements against objectives set |
Para 1.41 | To restart Community Coffee mornings. Restart youth activities |
|
| Performance of fundraising activities against objectives set |
Para 1.41 | ||
| Investment performance against objectives |
Para 1.41 | ||
| Other |
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Bethel United Church of Jesus Christ
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | The charity’s principal sources of funds (including any fund raising) are, tithes from the church members and offerings also from church members and visitors All revenue supports our outgoings Gift Aid return for claims submitted |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
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Bethel United Church of Jesus Christ
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Articles of Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed as stated in the governing document (constitution) and trustees do not receive any remuneration for the performance of their duties. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s Para 1.51 organisational structure and any wider network with which the charity works Relationship with any Para 1.51 related parties Other
Reference and Administrative details
Charity name Bethel United Church of Jesus Christ Apostolic (Telford)
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| Bethel United Church ofJesus Christ | Bethel United Church ofJesus Christ |
|---|---|
| Other name the charity uses |
Bethel United Church Telford |
| Registered charity number | 1164381 |
| Charity’s principal address | 39 Tan Bank Wellington Telford TF1 1HJ |
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Bethel United Church of Jesus Christ
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Raymond Narme | Chair | |||
| Leesorn Foster- Brooks |
Secretary | |||
| Joanne Johnstone | Treasurer | |||
| Billixtine Bell | Assistant Secretary |
|||
| AudreyGraham | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
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Bethel United Church of Jesus Christ
Trustee name Dates acted if not for whole year
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Bethel United Church of Jesus Christ
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of adviser |
Name Address |
Name Address |
|---|---|---|
| HMRC OFFICER |
Richard Simms | 32 Chepstow Drive, Telford TF1 6UP |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
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Bethel United Church of Jesus Christ
Reason for non-disclosure of key personnel details
Other optional information
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Bethel United Church of Jesus Christ
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Leesorn Foster-Brooks Full name(s) Leesorn Foster-Brooks Position (eg Secretary Secretary, Chair, etc) Date 30[th] January 2024
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