2020-12-31-accounts - Bethel Church Of London

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BETHEL CHURCH OF LONDON

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2020

REGISTERED NO 1167618

BETHEL CHURCH OF LONDON TRUSTEES' REPORT

The trustees present their report and accounts for the year ended 31 December 2020.

The activities of the charity

Bethel Church of London ("the Trust") exists to advance the Christian religion and the worship of God for the public benefit.

Financial

The surplus for the year is £1,797 and has been transferred to the general fund.

Trustees

The Trust was administered by its three trustees:

Jong Hyun Nam Hashin Jung Esther Bong Mi Choi

Trustees' responsibilities

The constitution of the charity and charity law require the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources for that period. In preparing those accounts the trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.

The trustees are responsible for maintaining proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities with an appropriate system of internal controls.

Independent Examiner of the Trust is Yang & Partners Ltd trading as Archbird of Suite 41, Chessington Business Centre, 37 Cox Lane, Chessington, Surrey, KT9 1SD.

This report was approved by the Trustees on 21st July 2021.

………………………………… J H Nam (Chairperson)

BETHEL CHURCH OF LONDON INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

We report on the accounts of Bethel Church of London for the year ended 31 December 2020, which are set out on pages 3 to 5.

Respective Responsibilities of Trustees and Examiner

As the charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit is not required for this year under section of 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act, whether particular matters have come to our attention.

Basis of Independent Examiner's Report

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. The 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 our examination, no matters have come to our attention:

1) which give us reasonable cause to believe that, in any material respect, the requirements:
i ) i) to keep accounting records in accordance with section 130 of the charities Act; and ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or

2) which, in our opinion, attention should be drawn to in order to enable a proper understanding of the accounts to be reached.

………………………………….

Yang & Partners Ltd trading as Archbird

Chartered Certified Accountants Suite 41, Chessington Business Centre 37 Cox Lane Chessington Surrey KT9 1SD

21 July 2021

BETHEL CHURCH OF LONDON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Notes INCOMING RESOURCES Donations TOTAL INCOMING RESOURCES RESOURCES EXPENDED Activities in furthernance of the charity's objects Donations to third parties Administrative expenses 2 TOTAL RESOURCES EXPENDED Net incoming/(outgoing) resources for the year General fund brought forward General fund carried forward	2020 2019 £ £ 50,880 56,172
	50,880 56,172 9,356 22,384 4,550 5,926 35,177 35,430
	49,083 63,740 1,797 (7,568) 11,994 19,562
	13,791 11,994

BETHEL CHURCH OF LONDON BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2020

BETHEL CHURCH OF LONDON BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2020
Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 3 Total assets less current liabilities Funds General fund 4	2020 £ 14,636 (845) 13,791 13,791	2019 £ 12,849 (855)
		11,994
		11,994

Approved by the Trustees on 21st July 2021 and signed on their behalf:

………………………………………………..

J H Nam (Chairperson)

BETHEL CHURCH OF LONDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

The financial statements are prepared in accordance with the Statement of Recommended " Accounting by Charities" and applicable accounting standards.

Accounting convention

The financial statements are prepared under the historical cost convention.

Incoming resources - donations

These represent voluntary donations from members and third parties which are accounted for when received.

2 Administrative expenses Wages and salaries Pension Rent Postage, printing and stationery Repairs and renewals Bank charges General expenses Accountancy fee Advertising 3 Creditors: amounts falling due within one year Other taxes and social security costs Other creditor 4 Movement in general fund At 1 January Net incoming/(outgoing) resources for the year At 31 December	2020 £ 20,586 432 9,900 29 2,428 128 210 1,390 74 35,177 2020 £ 245 600 845 2020 £ 11,994 1,797 13,791	2019 £ 20,604 403 10,500 87 1,689 175 258 1,440 274
		35,430
		2019 £ 255 600
		855
		2019 £ 19,562 (7,568)
		11,994