## Bethel United Church of Jesus Christ Apostolic (Telford) ## Financial Report Compiled 2024 For the financial year ending 31[st] December 2024 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.............................................................................................4 Statement of Financial Activities.................................................................5 Direct Costs (Expenditure)..........................................................................6 Closing Bank Balances @ 31[st] December 2024...........................................8 Income.........................................................................................................8 TAR DOC......................................................................................................9 Page 1 of **21** 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 2024. 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. Page 2 of **21** Bethel United Church of Jesus Christ ## **Reference and administrative details of the charity, its trustees and advisers.** ## For the Year Ended 31[st] December 2024 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 Kendal Court, Ironmasters Way Telford TF3 4DT Page 3 of **21** Bethel United Church of Jesus Christ ## **Balance Sheet** As of 31[st] December 2024 **Fixed Assets** £ £ Tangible assets 4,184 Investment property 188 000 Total tangible assets 192,184 192,184 **Current Assets** Fixtures & Fittings * 4,491 Bank Balances Natwest 21,115 TSB 57,457 ? **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 2025 and signed on their behalf, by: Page 4 of **21** Bethel United Church of Jesus Christ ## **Statement of Financial Activities** ## **For the Year Ended 31[st] December 2024** **Income from:** ||**Unrestricted Total**| |---|---| |**funds**|| |Donations and legacies|43,691| |43,691|| |Fundraising Activities|0| |0|| |Interest Income|480| |__480|| |Total Income|44,171| |44,171|| |**Expenditure on:**|| |Direct Costs|82,567| |82,567|| |Total Expenditure|______| |______|| ||82,567| |82,567|| |Net expenditure before investment gains|39,396| |39,396|| |Net income (expenditure) before other|| |recognized gains and losses|39,396| |39,396|| |Net movement in funds|39,396| |39,396|| ||**________________________**| |Reconciliation of funds|| |Total funds brought forward|271,989| |271,989|| |Total funds carried forward|233.593| |233,593|| Page 5 of **21** Bethel United Church of Jesus Christ ## Notes:- Petty Cash Balance for 1[st] January 2024 to 31[st] December £ 150.00 Cash Transfer to Petty Cash was £7,352.00 Bank transfer to TSB of £0 Interest is an estimate based on the interest received up to December 2024 ## **Direct Costs (Expenditure)** ||£|£| |---|---|---| |Stipend|6,000|6,000| |Charitable Donations|6,875|6,875| |Repairs Maintenance|48,997|48,997| |Security & Insurance|3,500|2,010| |Utilities|6,596|6,596| |top-up for the foat|7,352|7,352| |Miscellaneous|3,247|2,712| |Equipment
(audio/visual)|0|0| |Total|82,567|82,567| Page 6 of **21** Bethel United Church of Jesus Christ |**Expenditure**
Charitable Donatons*
Maintenance
One-of Expenses
Heatng and Phone (Utlites)
Church Security and Insurance
**Grand total**|**2024**
**2023**
6,875
14,160
54,250
5,006
3,331
2,712
6,596
7,299
3,500
2,010| |---|---| ||**£74,552**
**£31,187**| ## n.b. - The maintenance costs include £50,000 for the replacement of the roof, this is a result of storm damage as well as general wear and tear. The final cost is yet to be finalized. - £4,250 of this total has yet to be paid. - There are also costs to be incurred for the repairs and decorating to the ceiling and the replacement of carpets to all areas of the church. - * There is a total of £7,352 of expenses paid out of the cash float, which is not included in the 2024 total. Page 7 of **21** Bethel United Church of Jesus Christ |**Closing Bank Balances @ 31st December 2024**|**Closing Bank Balances @ 31st December 2024**| |---|---| |NatWest
|21,115.00| |TSB
|31,309.24| |Total|52,424.24| |All values in GBP|| |**Income**|| |Cash Deposits (Tithes &|| |Oferings)|20,427.42| |Direct Debits into NatWest|23,263.71| |Interest on Bank Deposit|
480.00| ||44,171.13| ||All values in GBP| Page 8 of **21** Bethel United Church of Jesus Christ TAR DOC Page 9 of 21 Bethel United Church of Jesus Christ ## **Trustees’ Annual Report for the period** **From 1 January 2024 Period start date To 31 December 2024 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.**
**Youth activities which includes,**
**singing, craft work. To re-start**
**Coffee mornings provide an**
**opportunity to provide a meal or light**
**refreshments; arts and crafts and**
**blood pressure monitoring.**| Page 10 of **21** |Bethel United Church ofJesus Christ
**Day trips for the members and wider**
**community, friends and family.**
Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit
Para 1.18
**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
**Cleaning of the sanctuary**
**Landscaping**
**General labouring**
Other|Bethel United Church ofJesus Christ
**Day trips for the members and wider**
**community, friends and family.**
Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit
Para 1.18
**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
**Cleaning of the sanctuary**
**Landscaping**
**General labouring**
Other|Bethel United Church ofJesus Christ
**Day trips for the members and wider**
**community, friends and family.**
Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit
Para 1.18
**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
**Cleaning of the sanctuary**
**Landscaping**
**General labouring**
Other| |---|---|---| ||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|**Cleaning of the sanctuary**
**Landscaping**
**General labouring**| |Other||| ## **Achievements and Performance** SORP reference Page 11 of **21** |Bethel United Church ofJesus Christ|Bethel United Church ofJesus Christ|Bethel United Church ofJesus Christ| |---|---|---| |Summary of the main
achievements of the
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.|Para 1.20|**1.**
**Worship services**
**2.**
**Bible studies**
**3.**
**Prayer meetings**
**4.**
**Baby blessings**
**5.**
**Holy communion**
**6.**
**Hospital visits**
**7.**
**Home visits**
**8.**
**Funerals**
**9.**
**Weddings**
**10. Baptisms**
**11. Christmas community meal**
**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.**| ## **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.**| |---|---|---| |Performance of
fundraising activities
against objectives set|Para 1.41|**Youth fund raising concert**| |Investment performance
against objectives|Para 1.41|| |Other||| Page 12 of **21** 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|**Expenditure has exceed forecast due**
**to ongoing necessary roof repairs.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**N/A**| |Amount of reserves held|Para 1.22|**N/A**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |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|**None**| |**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||| Page 13 of **21** 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) Page 14 of **21** |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| ||| Page 15 of **21** ## Bethel United Church of Jesus Christ ## **Names of the charity trustees who manage the charity** |1
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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 Page 16 of **21** Bethel United Church of Jesus Christ **Trustee name Dates acted if not for whole year** Page 17 of **21** 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** Page 18 of **21** Bethel United Church of Jesus Christ Reason for non-disclosure of key personnel details ## **Other optional information** Page 19 of **21** 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 2025 Page 20 of **21**