The Charity Commission PO Box 1268 Liverpool L69 3AR F.A.O. Head of Information Compliance. 14 January 2022 ## **Bethel Community Church (Newport) Charity No 1088725** I write to confirm that a meeting has been held by the Trustees of the above named Charity. The independent examiner’s report for the year ending 31 March 2021 was presented and examined. The report has been accepted by all of the Trustees (the Committee of Management). Yours faithfully, ## **Pastor Andrew Cleverly** Pastor Andrew Cleverly On behalf of the Trustees of the Charity Bethel Community Church Stow Hill Newport South Wales UK NP20 1JG pastor@bethelnewport.co.uk Building People Building Community Bethel Community Church 42 Stow Hill, Newport NP20 1JG T: 01633 221908 E: pastor@bethelnewport.co.uk www.bethelnewport.co.uk **Registered CIO No. 1172841** ## **Bethel Community Church (Newport)** ## **Financial Accounts For the year** # **ended 31 March 2021** **Registered Charity Number – 1172841** **Registered Office** **The Gap Centre 42 Stow Hill Newport NP20 1JG** 1 ## **INDEX** ## **Bethel Community Church (Newport) For the year ended 31 March 2021** Registered Charity Number – 1172841 Charity Information..................................................................................................3 Independent Examiners Report...............................................................................4 Profit and Loss..........................................................................................................5 Balance Sheet...........................................................................................................6 Notes to the Accounts..............................................................................................7 Restricted Funds.......................................................................................................9 2 ## **CHARITY INFORMATION** ## **Bethel Community Church (Newport) For the year ended 31 March 2021** Registered Charity Number – 1172841 The trustees in office at 31st March 2021 were: - Mr Andrew Cleverly - Mr Robert Jones - Mrs Sarah Crof - Mr Jonathan Crof - Mr Steve Armstead - Mrs Pauline Gould The trustees in office at 31st March 2021 were: The Gap Centre 42 Stow Hill Newport NP20 1JG 3 ## **INDEPENDENT EXAMINERS REPORT** Report to the trustees / members of - ## **BETHEL COMMUNITY CHURCH (NEWPORT)** On accounts for the year ended 31[st] March 2021 Set out on pages 1 - 3 ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention ## **Basis of independent examiner's statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An 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 the 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. 4 Profit and Loss Bethel C(xi)munrty Chwch (NevfjKKt) For the year erKled 31 March 2021 Ta¢• I1￿01•E 9Yi 46131 46131 6715 15 21113 21113 Chlrch Ex IL 155 201 Gms 74151 748SI 1313 190 73 20 Yrth Wcrt Balance Sheet Belhel C(Xn￿￿nrtY Chwch (Nwx¥t) As at 31 March 2021 2111J 15114 141462 TT4 617 617 617 OTT A>4 1J• 1.73Jl -v* ILfi.185 12555T 163 ## **NOTES TO THE ACCOUNTS** ## **Bethel Community Church (Newport) For the year ended 31 March 2021** ## **Accounting Policies** The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements. ## **Accounting Convention** The financial statements have been prepared under the historical cost convention other than certain freehold property which is included at valuation. In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice Accounting and Reporting by Charities (revised 2005) and the Charities Act 1993. ## **Incoming Resources** Voluntary income is received by way of donations and gifs and is included in incoming resources when these are receivable. Interest receivable is included when it is received. ## **Resources Expended** Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any Value Added Tax which cannot be recovered. 7 ## **Depreciation** ## **Freehold Land and Buildings** Depreciation is only provided on freehold land and buildings where the Trustees consider that the remaining useful life is less than 50 years. The rate of depreciation is 2%on a straight line basis. ## **Equipment, Furniture, Fixtures and Fittings and Motor Vehicles** Depreciation has been charged at 20% per annum on a straight line basis. ## **Taxation** As a registered charity the Church benefits from rates relief and is generally exempt from Income Tax and Capital Gains Tax but not from Value Added Tax. Irrecoverable Value Added Tax is included in the cost of those items to which it relates. Income tax recovered on deeds of covenants and Gif Aid donations are credited to the general unrestricted funds. ## **Fund Accounting** - Unrestricted funds comprise those funds which the Trustees are free to use in accordance with the charitable objectives. - Designated funds are unrestricted funds earmarked by the trustees for particular purposes - Restricted funds are funds which have been given for particular purposes. The restriction being placed by the donor. 8 ## **RESTRICTED FUNDS** Bethel Community Church (Newport) For the year ended 31 March 2021 ## **Restricted Funds** Insurance monies received during the year are restricted. They are specifically for the rebuild of the church as a result of a fire. The insurance company dealing with this is Ansvar. A proportion of the rebuild costs will be paid by Ansvar to the main contractor Henstaff. Therefore the funds received will not reflect the total cost of the rebuild. ## **Grant Funding Received** |**Grant Funding Received**|| |---|---| |James Pantyfedwyn|£12,000| |Garfeld Western Foundaton|£15,000| |Laing Trust|£5,000| This funding was received to assist with the rebuild of the Church. 9 ## **Independent Examiners Report** Report to the trustees / members of - ## **BETHEL COMMUNITY CHURCH (NEWPORT)** On accounts for the year ended 31[st] March 2021 Set out on pages 1 - 3 ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the - Charities Act, and - to state whether particular matters have come to my attention ## **Basis of independent examiner's statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An 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 the 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. In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. ## **Independent Examiners Statement** I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Signed:** Date : 3rd December 2021 Mrs Susan Lewis FCCA ## **Association of Certified and Chartered Accounts** 6 Park Road Newbridge Newport NP11 4RF