2021-03-31-accounts

BETHLEHEM CITY OF THE HEROES LTD

FINANCIAL STATEMENTS FOR THE PERIOD 1[ST] APRIL 2020 TO 31[st] MARCH 2021

Company Number 09520204

Charity No 1172603

ACCOUNTS AS AT 31 MARCH 2021

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BETHLEHEM CITY OF THE HEROES LTD

DIRECTORS’ REPORT FOR THE PERIOD ENDED 31[ST] MARCH 2021

We have pleasure in presenting the directors’ Annual Report for the period ended 31[st] March 2021.

REFERENCE AND ADMINISTRATIVE DETAILS OF THE ORGANISATION, ITS DIRECTORS AND ADVISORS.

	Status	Bethlehem City of the Heroes Ltd is a charitable organisation that was established on the 31stMarch 2015 under a Memorandum of Association, which established the objects and powers of the organisation and is governed by its articles of Association.
	Boards of Trustees	The organisation’s Board of Trustees are also its Directors. Members of the Board are appointed by unanimous agreement of existing Board members.
	Chair	Pitshou Louis Bwaka
	Treasurer-Shared role	MvinzouKoukouno JudithSalayumbu-Moso
	Secretary	Chancelle Akinga
	Other directors	HortenseM’bissa; JudithSalayumbu-Moso & SolangeMusunda
	Registered Office	Unit D2, Marvin Street, Liverpool L6 1NF. Tel: [phone] Mob: 07469969385. Email:[e-mail]
	Bankers	LloydsBank,Foregate Street, Chester CH1 1XP

BETHLEHEM CITY OF THE HEROES LTD

DIRECTORS’ REPORT FOR THE PERIOD ENDED 31[ST] MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

The organisation is managed by the Directors who are its Committee Management and Governing Body, and have power to make rules and bye-laws for regulating the use by Members and others of any property of the company. Nominations were invited for the Committee Management 2020/2021. Membership of the group is made up of local people who are interested in the organisation’s objects, have taken part in some of Bethlehem City of the Heroes Ltd activities or attended some the organisation’s training and are interested in promoting the aims of the organisation.

OBJECTIVES AND ACTIVITIES FOR THE YEAR

The organisation’s objects are specifically restricted to the following:

• ➢ To provide educational support services for the unemployed and excluded communities within, but not exclusively, the Black and minority Ethnic communities in the United Kingdom or the World as the trustees may from time to time think fit.

• ➢ To promote well-being of the local community in the UK or the World through counselling/advice, recreational activities and other amusements.

• ➢ To advance the Christian faith through the preaching of the gospel in the United Kingdom or the World as the trustees may from time to time think fit.

ACCOUNTS AS AT 31 MARCH 2021 2

ACHIEVEMENTS AND ACTIVITIES FOR THE YEAR

EVENTS/ACTIVITIES	NUMBER
Reference for passports, driving licence, employment, etc	10
Social events (meetings, funeral reception, fellowships, conference, training, etc)	15
Community groups supported	1
Arts and cultural activities (e.g, singing performances, rehearsals, etc)	12
Youth meetings (e.g. Sunday school)	0
Fundraising activities (e.g. donations, gifts, offering, etc)	15
Local community projects in DR Congo	2
Other Community projects (BME Health project, BCC TV Project, etc	2

OVERALL IMPACT

Direct beneficiaries (in our premises)	480
Other beneficiaries (Online through Facebook, You Tube, Instagram, Twitter, WhatsApp/tel.	6500
Other	200

Overall, about 7200 people benefited from our services in our premises for the year.

PLANS FOR THE COMING YEAR

1. Continue our current activities and enhance our productivity

2. Purchase our current building or renew our lease

3. Launch BCC TV, a community studio in our building to provide supplementary services through the media.

4. Support two other local community groups with space for their activities (as potential tenants)

5. Set up our foundation, charity shop and office in the DR Congo.

6. Two missionary trips to DR Congo

7. Support local community members with agricultural projects in the DR Congo

ACCOUNTS AS AT 31 MARCH 2021 3

TRUSTEES’ REPORT FOR THE PERIOD ENDED 31[ST] MARCH 2021

Financial Review

Total Income for the period was £ 55,641 comprising primarily of income from donations, offering, grants and loans. The charity also brought forward from the previous year £61,263 (£1,520 current assets and £59,743 non-current assets). Total expenditure for charitable activities for the period was £ 62,708 and total liabilities for the period were £ 40,000 (accounts payable). At 31[st] March 2021, the balance stood at £54,196 (£8,545 current assets and £45,651 non-current) and the organisation’s reserves stood at £ 14,196 as unrestricted funds.

Risk management: The main risks to the organisation is exposed as identified by the Directors have been considered and systems have been established to mitigate those risks.

Reserves Policy: It is not anticipated that the organisation will hold reserves for long term projects. The Committee seeks to obtain funding for activities and directly expend these in furtherance of the objects. At any time, reserves should be sufficient to ensure the ongoing operation of the organisation.

Investment Policy: The Directors have the power to invest any monies not immediately required for the charitable purposes of the company.

Signed on behalf of the Board of Directors

Pitshou L. Bwaka, Chair

Dated: ---31/03/2021 --------------------------------------------

STATEMENT OF DIRECTORS’ RESPONSIBILITIES

The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

By Order of the Board

Chancelle Akinga (acting secretary)

Company Secretary

Date: 31/03/2021

ACCOUNTS AS AT 31 MARCH 2021 4

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31[TH] MARCH 2021

Income and expenditure		Unrestricted	Restricted
	Notes	Funds	Funds	Totals Totals
		2021	2021	2021 2020
		£	£	£ £
INCOMING RESOURCES
Charitable activities	3	30,641	-	30,641 63,258
Other incoming resources	4	25,000	-	25,000 36,827
Total incoming resources		55,641	-	55,641 100,085
RESOURCES EXPENDED	5
Costs of charitable activities		56,734	-	56,734 38,167
Governance costs & Depreciation		5,974	-	5,974 655
Total resources expended		62,708		62,708 38,822
Net incoming resources
Income for the year		(7,067)	-	(7,067) 61,263
Fund balances brought forward at
01stApril 2021		54,196	-	54,196 61,263
Fund balances carried forward at
31st March 2020	8-10			54,196

The notes on page 9 to 13 form part of these accounts. All the above amounts relate to continuing activities of the company.

ACCOUNTS AS AT 31 MARCH 2021 5

BALANCE SHEET AS AT 31[st] March 2021

	Notes March 2021 March 2020
ASSETS
Current Assets
Cash & Cash Equivalents	8,545 1,520
Other Current Assets	- -
Total Current Assets:	8,545 1,520
Non-Current Assets (Fixed assets)
Equipment (tangible fixed assets)	6 45,651 5,896
Intangible Assets	7 - -
Other Assets	-53,847
Total Non-Current Assets	45,651 59,743
Total Assets	54,196 61,263
LIABILITIES
Current Liabilities
Accounts Payable	- -
Other Current Liabilities	--
Total Current Liabilities	- -
Non-Current Liabilities
Long Term Debts	40,00030,000
Other Liabilities	- -
Total Non-Current Liabilities	- -
Total Liabilities	40,000 30,000
Stockholders’ Equity
Plant, equipment, property	45,651 59,743
Retain Earning	8,545 1,520
Other Stockholders’ Equity	(40,000) (30,000)
Total Stockholders’ Equity	14,196 31,263
Total Liabilities and Stockholder Equity	54,196 61,263
Funds:	£
Unrestricted funds	8,9,10 54,196 61,263
Restricted funds	8,9,10 - -
Total	54,196 61,263

ACCOUNTS AS AT 31 MARCH 2021 6

These financial statements have been prepared in accordance with the special provision of Part VII of the companies Act 1985 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2005).

For the period covered by these accounts the company was entitled to exemption under section 249a (1) of the companies Act 1985.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 249b (2) of the Companies Act 1985.

The Trustees, who are the directors of the company, acknowledge their responsibility for ensuring the company keeps accounting records which comply with section 221 of the companies Act 1985 and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial accounting period and of its surplus for the financial period in accordance with section 226, and which otherwise comply with requirements of the companies Act relating to accounts, so far as applicable to the company.

Approved by the Board on: 31[st] March 2021

Pitshou Louis Bwaka, Chairman

Chancelle Akinga, secretary

ACCOUNTS AS AT 31 MARCH 2021 7

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD

1[st] APRIL 2020 TO 31[st] MARCH 2021

Limited Liability

The organisation is a company limited by guarantee. Each member’s liability is limited to £ 1.

Accounting Policies

Basis of Accounting

The accounts have been prepared under the historical cost accounting rules, and are in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2005) and the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005).

Fixed Assets

Capital expenditure is treated as a fixed asset and depreciated on the following bases in order to write off each asset over its estimated useful life:

Computer Equipment 33 % per annum straight line

Musical Instruments & Equipment 10 % per annum straight line Media and other 10 % per annum straight line

No value has been placed in the accounts on volunteer labour provided.

Current Assets

Current Assets are stated at the lower of cost and net receivable value.

Other Accruals and Prepayments

There were no accrual nor prepayment.

Grants Receivable

There were no grants receivable.

Resources Expended

Charitable expenditure comprises services supplied and activities undertaken which are identifiable wholly or mainly in support of the chairity’s objectives. Governance costs relate ensuring the charity is well governed, and run in accordance with constitutional and statutory requirements. Where appropriate, expenditure is apportioned on a reasonable and consistent basis.

Taxation

The income and gains of the funds are exempt from taxation as they are applied for charitable purposes only.

Operating Leases

Commitments under non-cancellable operating leases are charged to the Statement of Financial Activities when payable.

ACCOUNTS AS AT 31 MARCH 2021 8

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1[st] APRIL 2020 TO 31[st ] MARCH 2021

Donations, Grants and other

The organisation relies on the receipt of donations and grants to fund its activities. These are treated as restricted funds whenever specific requirements are attached to awards.

Unrestricted Funds Restricted Funds Total Funds 2021 Total Funds 2020 £ £ £ £ Gifts/donations 9,051 - 9,051 13,708 Offering - - - 9,150 Services provided/grants 21,590 - 21,590 30,000 Income from previous year - - - 6,827 Other income 25,000 - 25,000 30,000 TOTAL 55,641 - 55,641 100,085 Total Resources Expended Staff Depre- Other Total 2021 Total 2020 Costs ciation Costs Direct charitable expenditure £ - £ - £ 56,734 £ 38,822 Governance Costs £ - £ - £ - £ - Depreciation - £ 5,974

There were no paid staff during the period; the Trustees, being also the Directors of the company, all work in a voluntary capacity and are not remunerated for their services.

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD

1[st] APRIL 2020 TO 31[st] MARCH 2021

Tangible Fixed Assets Musical & Media Vehicles & Property & Total Equipment other lands Cost £ £ £ £ Balance at 01st April 2020 1,731 33,012 25,000 59,743 Additions during the period 1,501 2,000 - Balance at 31[st] March 2021 3,058 17,593 25,000 45,651

ACCOUNTS AS AT 31 MARCH 2021 9

Accumulated Depreciation

Balance at 01[st] April 2020 6,551 - - 6,551 Charge for the period 5974 - - 5,974 Balance at 31[st] March 2021 45,651 - - - Net Book Value at 31[st] March 2021 45,651 - - 45,651 Net Book Value at 31[st] March 2020 5,896 - - 5,896

There were no material commitments at the period end. All fixed assets are used in the direct charitable activities of the organisation. Tangible fixed assets are listed below.

Debtors

General debtors 2021 £ 40,000

Creditors

General creditors 2021

ACCOUNTS AS AT 31 MARCH 2021 10

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1[st] APRIL 2020 TO 31[st] MARCH 2021

Analysis of Net Assets between Funds

Other Net Tangible Current Fixed Bank Assets/ Assets Balances (Liabilities) Total Unrestricted Funds £ £ £ £ General Fund 45,651 8,549 (40,000) 14,196 Restricted Funds - - - - Total Funds 45,651 8,549 (40,000) 14,196

PICTURES OF PAST ACTIVITIES

Visit of UK team to Kinshasa DR Congo

ACCOUNTS AS AT 31 MARCH 2021

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Donation to an orphanage in Bukavu in 2021

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Local production in Nsele, Kinshasa

Donation to an orphanage in Goma after the Nyiragongo eruption in 2021

ACCOUNTS AS AT 31 MARCH 2021 13

Social event in Liverpool, UK

Follow us on:

You Tube : bcc tv officielle

Facebook page : bcc tv; Facebook group : bcc group

Website: www.bethlehemch.org / www.davidethan.org

Tik-tok : bcc tv officielle -- Instagram : bcc tv officielle -- Twitter : bcc tv officielle

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