The Charity Commission PO Box 1268 Liverpool L69 3AR F.A.O. Head of Information Compliance. 18 January 2024 ## **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 2023 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 Community 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** ## **Bethel Community Church (Newport)** ## **Financial Accounts** **For the year ended 31 March 2023** **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 2023 ## **Registered Charity Number - 1172841** - Charity Information - Independent Examiners Report - Profit and Loss Account - Balance Sheet - Notes to the Accounts ## **Charity information** Bethel Community Church (Newport) For the year ended 31 March 2023 ## **Registered Charity Number - 1172841** ## **The trustees in office at 31st March 2022 were:** Mr Andrew Cleverly Mr Robert Burton 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 2023 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: - 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:** S Lewis Date : 7th December 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 2023 ||**Restricted**|**Unrestricted**|**Total**|**Restricted**|**Unrestricted**|**Total**| |---|---|---|---|---|---|---| ||**31st March**|**31st March**|**31st March**|**31st March**|**31st March**|**31st March**| ||**2023**|**2023**|**2023**|**2022**|**2022**|**2022**| |**INCOME**||||||| |Tithes and Offerings||10965|10965||18101|18101| |Gift Aid Giving||57947|57947||58370|58370| |Gift Aid Claimed||25689|25689||16879|16879| |Grant and Funding Income|||0|252365||252365| |Donations||9700|9700||7823|7823| |Chair Scheme||2975|2975||4325|4325| |Other Revenue||5344|5344||2478|2478| ||**0**|**112620**|**112620**|**252365**|**107976**|**360341**| |**Other Income**||||||| |||||||| |Insurance Claim|25105||25105|17204|0|17204| |Bank Interest||484|484||18|18| |Sundry Income||325|325||2202|2202| ||**25105**|**809**|**25914**|**17204**|**2220**|**19424**| |**Total Income**|**25105**|**113429**|**138534**|**269569**|**110196**|**379765**| |**Church Expenses**||||||| |Audit & Accountancy fees||550|550||500|500| |Bank Fees||204|204||181|181| |Books & Leaflets||187|187||252|252| |Charitable Donations||1440|1440||1740|1740| |Church Insurance||9549|9549||13329|13329| |Cleaning||1602|1602||1352|1352| |Conference Expenses||1751|1751||463|463| |Development & Chair Scheme||17955|17955|||| |Fire Protection||691|691||1442|1442| |Gifts||0|0||1157|1157| |Insurance Monies expend|43309||43309|24733|5654|30387| |IT Software & Consumables||0|0||8|8| |Light and Heat||5229|5229||2886|2886| |Management Services||700|700|||| |Ministry Expenses||1853|1853||929|929| |Missions||0|0||6625|6625| |Pastoral Care||553|553||794|794| |Pensions Costs||2021|2021||1618|1618| |Printing & Stationery||564|564||0|0| |Professional services||660|660||980|980| |Rates||507|507||593|593| |Refreshments||1103|1103||1598|1598| |Repairs & Maintenance||3908|3908|6960|6967|13927| |Salaries||35195|35195||34170|34170| |Subscriptions & licences||8012|8012||5371|5371| |Sundry Expenses||2042|2042||1358|2122| |Telephone & Internet||1973|1973||812|812| |Welsh Government Funding|160249||160249|||| |Worship Team & Equipment||4728|4728||2761|2761| |Youth & Childrens Work||4207|4207||1968|705| |**Total Administrative Costs**|**203558**|**107184**|**310742**|**31693**|**95508**|**126702**| |**Profit**|**-178453**|**6245**|**-172208**|**237876**|**14688**|**253063**| ## **Balance Sheet** ## Bethel Community Church (Newport) As at 31 March 2023 |**Balance Sheet**
As at 31 March 2023
Bethel Community Church|(Newport)| |---|---| |**Fixed Assets**
Computer Equipment
Furniture & Equipment
**Total Fixed Assets**
**Current Assets**|**Restricted**
**Unrestricted**
**Total**
**Restricted**
**Unrestricted**
**Total**
**31 March 2023**
**31 March 2023**
**31 March 2023 31 March 2022 31 March 2022**
**31 March 2022**
1628
1628
1629
1629
120
120
120
120
**0**
**1748**
**1748**
**0**
**1749**
**1749**| |**Cash at bank and in hand**|25397
25397
20828
20828
4056
4056
12375
12375
253923
253923
410967
410967| |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**|**257979**
**25397**
**283376**
**423342**
**20828**
**444170**
**1599**
**1599**
0
**7294**
**7294**
**257979**
**28744**
**286723**
**423342**
**29871**
**453213**| |NIC Payable|12968
12968
0
9999
9999
3761
3761
0
1734
1734
3174
3174
0
2786
2786
334
334
0
0
0| |Pensions Payable|| |Wages Payable - Payroll
Other Liabilities|| ||**0**
**20237**
**20237**
**0**
**14519**
**14519**| |**Net Current Assets (Liabilities)**|**257979**
**8507**
**266486**
**423342**
**15352**
**438694**| ||| |**Total Assets less Current Liabilities**|**257979**
**8507**
**266486**
**423342**
**15352**
**438694**| ||| |**Net Assets**|**257979**
**8507**
**266486**
**423342**
**15352**
**438694**| |**Capital and Reserves**|| ||-178453
6245
-172208
237876
14688
252564
13090
-13090
0
97016
-97016
0
423342
15352
438694
88450
97680
186130| |Current Year Profits
Transfers
Retained Profits|| ||**257979**
**8507**
**266486**
**423342**
**15352**
**438694**| ## **Notes to the Accounts** ## Bethel Community Church (Newport) ## For the Year Ended 31st March 2023 ## **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** - 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. ## **Restricted Funds** Bethel Community Church (Newport) For the year ended 31 March 2023 ## **Restricted Funds** Insurance monies received 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. Independent Examlners Report Reportto the trustees I members ol - BETHEL COMMUNITY CHURCH INEWPORT) On accounts for the year ended 31 March 2023 Sel out on paggs 1- 4 RMp•¢tlw* of truBt8e6 and ¢¥amlner The rtharitvs trustees ar• r88pon8ibl& ft*lhè pr8￿￿￿On of ts acwjnts. Th& ¢h8rity8 kn*ees ￿ns￿eT that an audK 59 not r8quwed f tNs year uThJ8r See￿ 144 crf tho Charl￿5 Act 2011 llhe Chadl88 A¢*) and that an ind8Fen($8nl 8xamInal￿ is nethd. 11 ￿ rny responsi￿"Ity to.. e¥qrnlr6 lh8 a¢￿￿ntS uAIBf 8ÈctsDn 145 c41h8 Chaths Act. ttsfrAbw the ycr*durg$ In gène¢BI EkreclK￿ glven by the Cwty Cthnmi88ion 14515llbl LYth8 to stsl8 wtsth8r p8rt4¢u&r matter5 havo como lo my all￿1 Bash ol Ind•p•nd•ni oxamlnoe8 8tatsm•nt ty 8x8minatiM *8s wt in acccfdanc8 with g&nbrdl DirectiDns 9iven by the Ch8rity c(￿mIsSK)n. An 2xamin8bon indud88 rèM&Y of the ￿X￿ntrg records kept by th& tharity a coryartson of Ihtr a￿￿ts presenled with th088 re¢ord$. 11 also in(*Jd•s rAinsKler8tyon of any unusual itgm$ or discbsur8$ in accounts and ￿8k1￿j expkqnalkn8fttyn ts tru818t8 (x)ri1￿1r¥ ony wc* maiiars. Th protsduras un¢Jertak8n do noi wovldè all Ihe •w¢ence IhAt W0￿rt b8 r8quirèd in an audil and Ccn8eq￿nty no wnvJn i giv￿ u to**etherth8 8cwJnts wglerrt H INe fav ¥18w ¥K1 th8 1$ ltrnited to th088 mattern 881 ¢yJt In th8 S￿￿MOnt b81N. In Gonr￿kn th rny8K8minatK)n, no matsrial mattwB hava cameto my YknKh gws me eaugé to bemtrvè that in, ony m8tsri b)e aEwJn￿n9 r￿Ords￿re kept h aru*dar￿a 88th10n 130 of ChthAct'. or unls dkj not ar£erd wlth the r8cuds.' c Ihg 8cc¢)Jnt8 dkl n¢t cirfnFtywth tho epp1K*￿ ra4urements c¥)nCe￿ aThJ ¢￿ts￿l ofscwAJrts set out In Ihe Chari118s IArLwnts and R8pDrtsl Rggubtk)ns 2008 other Ihan 8ny requirerrenl Ihet the ￿cOL￿ts gfv8 8 1w6 and farf a mdttgr Gonwdered 88 part oran Ind&￿￿dent ewingtw. Indop•nd•nt Examlmrn Statemont l c(￿e no Olh8r matt8rs in ¢onnethon wth tha 8xamln8bDn attention St￿￿j dra￿ In IhS8 r8Ptyt ￿ ￿l￿rt0 gnablp a proper underslandlng of the aC￿nts 10 bo roo¢h￿. Slgn•d.. S£•* Dale.. 7th Dec8mb8r2023 Mts Susqn LevAs FCCA A•Mdatkin ol C•rtlA•d •nd ¢h•rt•r•d 6 Ro¥1 N8*bridg8 NP714RF