## **BETHLEHEM CITY OF THE HEROES LTD**
**FINANCIAL STATEMENTS FOR THE PERIOD 1[ST] APRIL 2022 TO 31[st] MARCH 2023**
**Company Number 09520204 Charity No 1172603**
ACCOUNTS AS AT 31 MARCH 2023 1
## **BETHLEHEM CITY OF THE HEROES LTD**
## **DIRECTORS’ REPORT FOR THE PERIOD ENDED 31[ST] MARCH 2023**
We have pleasure in presenting the directors’ Annual Report for the period ended 31[st] March 2023.
## **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_**|Mvinzou Koukouno Judith Salayumbu-Moso|
||**_Secretary_**|
Chancelle Akinga|
||**_Other directors_**|
Hortense M’bissa; Judith Salayumbu-Moso & Solange Musunda|
||**_Registered Office_**|
Unit D2, Marvin Street, Liverpool L6 1NF. Tel: 0151 345 3434 Mob:
07469969385. Email:bethlehemcityoftheheroes@gmail.com|
||**_Bankers_**|Lloyds Bank, Foregate Street,Chester CH1 1XP|
## **BETHLEHEM CITY OF THE HEROES LTD**
## **DIRECTORS’ REPORT FOR THE PERIOD ENDED 31[ST] MARCH 2023**
## **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 2022/2023. 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 2023 2
## **ACHIEVEMENTS AND ACTIVITIES FOR THE YEAR**
|**EVENTS/ACTIVITIES**|**NUMBER**|
|---|---|
|Reference for passports, driving licence, employment, etc|15|
|Social events (meetings, funeral reception, fellowships, conference, training, etc)|52|
|Community groups supported|2|
|Arts and cultural activities (e.g, singing performances, rehearsals, etc)|40|
|Youth meetings (e.g. Sunday school)|35|
|Fundraising activities (e.g. donations, gifts, offering, etc)|52|
|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)|600|
|Other beneficiaries (Online through Facebook, You Tube, Instagram, Twitter, WhatsApp/tel.|6800|
|Other|300|
Overall, about 7700 people benefited from our services in our premises for the year.
## **PLANS FOR THE COMING YEAR**
1. Continue our current activities and enhance our performance
2. Develop BCC TV, a community studio in our building to provide supplementary services through the media.
3. Set up youth projects for their empowerment.
4. Develop our foundation and its work in the DR Congo.
5. Two missionary trips to DR Congo
6. Support local community members with agricultural projects in the DR Congo
ACCOUNTS AS AT 31 MARCH 2023
3
## **TRUSTEES’ REPORT FOR THE PERIOD ENDED 31[ST] MARCH 2023**
## **Financial Review**
Total Income for the period was £ 33,477 comprising primarily of income from donations, offering, grants and gift aid. The charity also brought forward from the previous year £34,899 (£ 329 current assets and £34,399 non-current assets). Total expenditure for charitable activities for the period was £ 33,440 and total liabilities for the period were £ 21,380 (accounts payable). At 31[st] March 2023, the balance stood at £34,477 (£1,607 current assets and £32,870 non-current) and the organisation’s reserves stood at £ 13,097 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: ---31/03/2023 --------------------------------------------
## **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: 31/03/2023
ACCOUNTS AS AT 31 MARCH 2023 4
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31[TH] MARCH 2023**
|**Income and expenditure**||**Unrestricted**|**Restricted**||
|---|---|---|---|---|
||**Notes**|**Funds**|**Funds**
|**Totals Totals**|
|||**2023**|**2023**|**2023 2022**|
|||**£**
|**£**
|**£ £**|
|**INCOMING RESOURCES**|||||
|Charitable activities
|3|23,599|9,878|33,477 23,074|
|Other incoming resources
|4
|-|-|- -|
|**Total incoming resources**
||**23,599**|**9,878**
|**33,477 23,074**|
|**RESOURCES EXPENDED**|5||||
|Costs of charitable activities||28,840|4,600|33,440 22,635|
|Governance costs & Depreciation||2,029|-|2,029 5,420|
|**Total resources expended**||**30,869**|**4,600**|**35,469 28,055**|
|**Net incoming resources**|||||
|**Income for the year**
||**(7,270)**|**5,278**|**(1,022) (4,981)**|
|Fund balances brought forward at|||||
|01stApril 2023||34,477|
|34,477 35,228|
|**Fund balances carried forward at**|||||
|**31st March 2023**
|**8-10**
|||**34,477**|
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 2023 5
## **BALANCE SHEET AS AT 31[st] March 2023**
||Notes March 2023 March 2022|
|---|---|
|**ASSETS**||
|**_Current Assets_**||
|Cash & Cash Equivalents|1,607 329|
|Other Current Assets|- -|
|**_Total Current Assets_**:|1,607 329|
|**_Non-Current Assets (Fixed assets)_**||
|Equipment (tangible fixed assets)|6 32,870 34,899|
|Intangible Assets|7 - -|
|Other Assets|--|
|**_Total Non-Current Assets_**|**32,870 34,899**|
|**Total Assets**|**34,477 35,228**|
|**LIABILITIES**||
|**_Current Liabilities_**||
|Accounts Payable|- -|
|Other Current Liabilities|--|
|**_Total Current Liabilities_**|- -|
|**_Non-Current Liabilities_**||
|Long Term Debts|21,38026,380|
|Other Liabilities|- -|
|**_Total Non-Current Liabilities_**|**_21,380 -_**|
|**Total Liabilities**|**21,380 26,380**|
|Stockholders’ Equity||
|Plant, equipment, property|32,870 34,899|
|Retain Earning|1,607 329|
|Other Stockholders’ Equity|(21,380) (26,380)|
|Total Stockholders’ Equity|13,097 8,848|
|Total Liabilities and Stockholder Equity|34,477 35,228|
|**Funds:**|**£**|
|Unrestricted funds|8,9,10 24,599 35,228|
|Restricted funds|8,9,10 9,878 -|
|**Total**|**34,477 35,228**|
ACCOUNTS AS AT 31 MARCH 2023 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 2023
_Pitshou Louis Bwaka, Chairman_
_Chancelle Akinga, secretary_
ACCOUNTS AS AT 31 MARCH 2023 7
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD**
## **1[st] APRIL 2022 TO 31[st] MARCH 2023**
## **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 2023
8
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD**
## **1[st] APRIL 2022 TO 31[st ] MARCH 2023**
## **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 2023 Total Funds 2022 £ £ £ £** Gifts/donations 8,384 - 8,384 4,216 Offering 5,164 - 5,164 - Services provided/grants 9,878 9,878 8,000 Income from previous year 34,899 - 34,899 54,196 Other income (e.g. Gift Aid) 10,051 - 10,051 10,858 **TOTAL 58,498 9.878 68,376 77,270 Total Resources Expended** Staff Depre- Other Total 2023 Total 2022 Costs ciation Costs Direct charitable expenditure **£ - £ - £ 35,469 £ 23,635** Governance Costs **£ - £ - £ - £ -** Depreciation - **£ 2,029 £ 5,420**
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 2022 TO 31[st] MARCH 2023**
**Tangible Fixed Assets Musical & Media Vehicles & Property & Total Equipment other investment lands Cost £ £ £ £** Balance at 01st April 2022 7,521 1,978 25,000 34,499 Additions during the period - - - Balance at 31[st] March 2023 6,620 **1250 25,000 32,870**
ACCOUNTS AS AT 31 MARCH 2023 9
**Accumulated Depreciation** Balance at 01[st] April 2022 7,521 - - 7,521 Charge for the period 2,029 - - 2,029 Balance at 31[st] March 2023 6,620 **- - -**
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 2022
£ 21,380
## **Creditors**
General creditors 2022
ACCOUNTS AS AT 31 MARCH 2023 10
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1[st] APRIL 2022 TO 31[st] MARCH 2023**
## **Analysis of Net Assets between Funds**
**Other Net Tangible Current Fixed Bank Assets/ Assets Balances (Liabilities) Total Unrestricted Funds £ £ £ £** General Fund 32,870 1,607 (21,380) 13,097 **Restricted Funds** - - - - **Total Funds 32,870 1,607 (21,380) 13,097**
## **SOME OF OUR ACTIVITIES**
## **BETHLEHEM COMMUNITY CHURCH TV**
**----- Start of picture text -----**
BCC TV Studio Culture Shock, a youth TV
programme
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ACCOUNTS AS AT 31 MARCH 2023 11
**WEDDING CELEBRATION OF OUR COMMUNITY MEMBERS IN OUR COMMUNITY CENTRE**
**Wedding’s celebration on hold in our centre**
ACCOUNTS AS AT 31 MARCH 2023 12
**LIVERPOOL CONGOLESE DANCE INITIATIVE** : our youth project by Congolese young people determined to learn and keep their Congolese roots through dance and other performing acts. Below, LCDI live performance at a social gathering in our centre at Unit D2 Marvin Street L6 1NF.
**----- Start of picture text -----**
LCDI performing
**----- End of picture text -----**
**THE BENJAMINS’ CHOIR** by our children: live performance in our centre (31/12/2023)
**LCDI DRAMA PERFORMANCE** @ NEW YEAR NIGHT CELEBRATION (31/12/2023)
## **MONITORING & EVALUATION MISSION ON INTERNATIONAL PROJECTS IN DR CONGO (April 2023)**
Meeting with local partners in DR Congo Monitoring of David Ethan Community Centre project
ACCOUNTS AS AT 31 MARCH 2023 13
## **DEVELOPPEMENT DE LA FERME DAVID ETHAN A NSELE (RD Congo)**
## **Follow us on:**
Bethlehem CH Church Bethlehem CH Church Bethlehem CH hurch Bethlehem CH Church
ACCOUNTS AS AT 31 MARCH 2023 14