## **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
1
## **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: 0151 345 3434 Mob:
07469969385. Email:bethlehemcityoftheheroes@gmail.com|
||**_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
ACCOUNTS AS AT 31 MARCH 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
ACCOUNTS AS AT 31 MARCH 2021 14