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2022-03-31-accounts

The Charity Commission PO Box 1268 Liverpool L69 3AR F.A.O. Head of Information Compliance.

30 January 2022

Bethel Community Church (Newport) Charity No 1172841

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 (Newport) C/o The Gap Centre Stow Hill Newport South Wales UK NP20 1JG pastor@bethelnewport.co.uk

Building People Building

Bethel Community Church (Newport) C/o The Gap Centre Stow Hill, Newport NP20 1JG T: 01633 221908

E:

pastor@bethelnewport.co. uk

www.bethelnewport.co.uk

Registered CIO No. 1172841

Community

Bethel Community Church (Newport)

Financial Accounts For the year ended 31 March 2022

Registered Charity Number - 1172841

Registered Office

The Gap Centre 42 Stow Hill Newport NP20 1JG

INDEX

Bethel Community Church (Newport) For the year ended 31 March 2022

Registered Charity Number - 1172841

Charity information

Bethel Community Church (Newport) For the year ended 31 March 2022

Registered Charity Number - 1172841

The trustees in office at 31st March 2022 were:

Mr Andrew Cleverly Mr Robert Jones Mrs Sarah Croft Mr Jonathan Croft Mr Steve Amstead Mrs Pauline Gould

Charity Registered Office

The Gap Centre 42 Stow Hill Newport NP20 1JG

Independent Examiners Report

Report to the trustees / members of -

BETHEL COMMUNITY CHURCH (NEWPORT)

On accounts for the year ended 31[st] March 2022

Set out on pages 1 - 4

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:

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 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: S Lewis

Date : 25th January 2023

Mrs Susan Lewis FCCA

Association of Certified and Chartered Accounts

6 Park Road Newbridge Newport NP11 4RF

Profit and Loss

Bethel Community Church (Newport)

For the year ended 31 March 2022

Restricted Unrestricted Total Restricted Unrestricted Total
31st March 31st March 31st March 31st March 31st March 31st March
2022 2022 2022 2021 2021 2021
INCOME
Tithes and Offerings 18101 18101 0 9941 9941
Gift Aid Giving 58370 58370 0 66042 66042
Gift Aid Claimed 16879 16879 0 13652 13652
Grant and Funding Income 252365 252365 32000 0 32000
Donations 7823 7823 0 12592 12592
Chair Scheme 4325 4325 0 1359 1359
Other Revenue 2478 2478 0 6215 6215
252365 107976 360341 32000 109801 141801
Other Income
All Churches Trust 0 0 0 0 0
Insurance Claim 17204 0 17204 21113 0 21113
Bank Interest 18 18 0 37 37
Sundry Income 2202 2202 0 1357 1357
17204 2220 19424 21113 1394 22507
Total Income 269569 110196 379765 53113 111195 164308
Church Expenses
Audit & Accountancy fees 500 500 0 1000 1000
Bank Fees 181 181 0 100 100
Books & Leaflets 252 252 0 0 0
Charitable Donations 1740 1740 0 5207 5207
Church Insurance 13329 13329 0 6831 6831
Cleaning 1352 1352 0 508 508
Conference Expenses 463 463 0 0 0
Fire Protection 1442 1442 0 54 54
Gifts 1157 1157 0 1534 1534
Insurance Monies expend 24733 5654 30387 74851 0 74851
IT Software and Consumables 8 8 0 1343 1343
Light and Heat 2886 2886 0 2756 2756
Ministry Expenses 929 929 0 232 232
Missions 6625 6625 0 0 0
Pastoral Care 794 794 0 373 373
Pensions Costs 1618 1618 0 1591 1591
Printing and Stationery 0 0 0 693 693
Professional services 980 980 0 2814 2814
Rates 593 593 0 488 488
Refreshments 1598 1598 0 0 0
Repairs & Maintenance 6960 6967 13927 0 1620 1620
Salaries 34170 34170 0 33500 33500
Subscriptions and licences 5371 5371 0 2208 2208
Sundry Expenses 1358 1358 0 465 2122
Telephone & Internet 812 812 0 956 956
Worship Team & Equipment 2761 2761 0 0 0
Youth & Childrens Work 1968 1968 0 705 705
Total Administrative Costs 31693 95508 127201 74851 64978 141486
Profit 237876 14688 252564 -21738 46217 22822

Balance Sheet

Bethel Community Church (Newport) As at 31 March 2022

Balance Sheet
As at 31 March 2022
Bethel Community Church		 (Newport)
Fixed Assets
Computer Equipment
Furniture & Equipment
Total Fixed Assets
Current Assets		 Restricted
Unrestricted
Total
Restricted
Unrestricted
Total
31 March 2022
31 March 2022
31 March 2022 31 March 2021 31 March 2021
31 March 2021
1629
1629
0
1629
1629
120
120
0
440
440
0
1749
1749
0
2069
2069
Cash at bank and in hand 20828
20828
0
20925
20925
12375
12375
12651
0
12651
410967
410967
75799
78239
154038
Bethel Community Church-Current Account
Bethel Community Church Insurance Account
Bethel Community Church Savings Account
Total Cash at bank and in hand
Other current assets
PAYE Payable
Total Current Assets
Current Liabilities		 423342
20828
444170
88450
99164
187614
7294
7294
0
6941
6941
423342
29871
453213
88450
108174
196624
NIC Payable 9999
9999
0
7046
7046
1734
1734
0
617
617
2786
2786
0
2831
2831
Pensions Payable
Wages Payable - Payroll
0
14519
14519
0
10494
10494
Net Current Assets (Liabilities) 423342
15352
438694
88450
97680
186130
Total Assets less Current Liabilities 423342
15352
438694
88450
97680
186130
Net Assets 423342
15352
438694
88450
97680
186130
Capital and Reserves
Current Year Profits
Transfers
Retained Profits		 237876
14688
252564
-21738
44560
22822
97016
-97016
0
0
0
0
88450
97680
186130
110188
53120
163308
423342
15352
438694
88450
97680
186130

Notes to the Accounts

Bethel Community Church (Newport)

For the Year Ended 31st March 2022

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 gifts 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.

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 Gift Aid donations are credited to the general unrestricted funds.

Fund Accounting

Restricted Funds

Bethel Community Church (Newport) For the year ended 31 March 2022

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.

The Restricted income during this year was the Welsh Government Funding amounting to £249,365. This was in respect of the refurbishment of the Centre and towards the rebuild of the Church.

£3,000 was also received from Umbra Building Services

Independent Examiners Report

Report to the trustees / members of -

BETHEL COMMUNITY CHURCH (NEWPORT)

On accounts for the year ended 31[st] March

2022 Set out on pages 1 - 4

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:

Charities Act, and

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:

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: S Lewis

Date : 25th January 2023

Mrs Susan Lewis FCCA

Association of Certified and Chartered Accounts

6 Park Road Newbridge Newport NPII