CHARITY REGISTRATION NUMBER: 1173683 Bethel United Church of Jesus Christ (Apostolic) Manchester CIO Unaudited Financial Statements 31 March 2024 Thom son Jones Bu iness Solutions Ltd 2 Heap Bridge Bury BL9 7HR
Bethel Unlted Church of Jesus Chrlst (Apostollc) Manchester CIO Financial Statements Year ended 31 March 2024 Page Trustees, annual report Independent examlnerfs report to the trustees Statement of financial activities Statement of flnanclal posilion Notes to the financial statements 10
Bethel United Church of Jesus Chrlst {Apostollc) Manchester CIO Trustees. Annual Report Year ended 31 March 2024 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Thls réport Is prepared in aordanC6 wllh the Charitlas Act 2011 and °A¢counting and Reporting by Chartlle8: Slatement of Recommended Pracllce appllcable lo charlugs preparlng thelr accounts in acrtordance with the Financial Reporting Slandard appllcabl8 In the UK and Republle of Iroland (FRS 102r 16ffectlve 1 January 2019). The Charity Is currently a Charitable Incorporated Organisation. Itwas registered on the Sth,of July 2017 as an affillate of thè 88thel United Church of Jesus Christ (Apostolic) UK. It is Currently an indep&nd8nt member of the Bethel United Church of Jasus Christ (Aposlolic) family of churches, which pursue8 slmllar alms and slgnposts local beneficiaries to our services. Rofernnce and admlnlstratlve dotall$ R•glgt•r•d charfty name Bethol United ChurGh of J68ts8 Chrf8t (Apostolic) Manchestsr CIO Charlty rtylstratlon number 1173683 Prlneipal •>fflce 393 Claremont Road Mancl)ester M14 7PA Th• trusteés David Miller Desmond Miller Iran Beckford Ophella Smith Independent •xamlnar Mrs J. Roach A.C.A. Thompson Jones Business Solutlon Ltd 2 Heap Bridge Bury BL9 7HR
Bethel Unlted Church of Jesus Chrfst (Apostolic) Manchestèr CIO Trustees, Annual Roport {¢ontlnued) Year ended 31 March 2024 Statèmont ot Tru8tees' responslbllttles The Charitles Act 2011 requlres the trustees to prepare finandal statements for each flnancial year which give a true and fair view of tho slato of effairs of the charity and of the incoming resources and appllcation of resources of the charlty for thai pgrlod. In preparfng these ffinanclal 6tatemenls. tha trustees are required to: Select sull8bl8 accounting policies and apply them conslstently Obsorve the Methods and prlnciples of the Ch8rities SORP 2005; Make judgements and accountlng esllmales that are reasonabl8 and prudent Slate wheth8r appllcable 8¢counllng slandards have been followed, sublecl to any rnaterfal departures disclosed and explained in the finan¢i81 Statements; and Prepare the Ilnancial 3tatem8ntS Dn the golng concern basis unless It l¥ Inapproprfate to do so. Tho trusleos are résponsible for kaoplng sufficlent a¢counting records that dlsclose with roason8ble ec¢ur8Cy 8t any time the flnancial positlon of the charily 8nd enable them to ensure Ihat the finan¢S01 $tatomenlB comply with the Charltle8 Act 2011. They are 8180 responsible for safeguarding the assets of the charlty and hence for taking reasonable steps for the preventlon of fraud end other Irregularltles. Stru¢lur•, govornanco, and managomonl The affairs of the chartty are managed by the Trustees. There must b8 at least three trustees. Member8 or Trustees may appoint new Trustees at any time. Declsions are rnade by a simp18 majorfly of votes at a m00ting of Trust89$ or by re601utlon In wrlilng or In electronic form and aged by all Trusl88s. Inductlon of Truste68 Is overseen by tho Chalr. Thè day-to-day management of the charity's 8ffair8 is d8legated to tho Chalr. Dwrfld Mlllef. Th8 members of the charlty are IndivKluals, corporate bodies, or representative$ of an Organ188tlon that are not incorporated. who undertake to 8Ct In good faith to further the purposes of tha ch8r5ty.
Bethel United Church of Jesus Chrlst (Apostolic) Manchestèr CIO Trustees, Annual Report (contlnu•d) Year ended 31 March 2024 ObJactlv08 and aGts"vitles To advance thè Christian religlon in accordance wllh tha Chrlstlan lalth, primarily b'ut not exclusively with localit1&8 of the Church and the surrounding n8hbOurhood. To provide facilities for educath)n, recreation, and other lelsure-tlme occupation for U)a benafit of the ¢ommunily in the interosts of social welfare and with the Obct of improvlng Ihe condttions of Irfa of thé said community. Enhar¢e th8 r81igious princlple$ in accordance with the Chrfstian bellgf that God may bo exalted, wor8hlpped, and pro¢lalmed in HIS glory and in accordance with the T8nel8 of Worship in relation to dlscipline. rituals, w8ddlng ceremonleg. blesslngs, funerals and othor r6llg10 rltO6. To provlde a place of WOT8hlp for all who wlsh to attend. Engage in missionary work and pastoral work and the tralnlng of workers, bolh men and women, to teach the T8n8ts of Worshlp wherever thera shall be found p8opl8 who wlsh to wor8hip In accordanc6 with those Tenets. Vi81t and comfort the slck and do othor outreach work wlthln the wlder communty. Promate the adv8ncem8nt of tha Christian religlon through teaching, praise, and worshlp ètc. Tha church has a strong Communty ethos and r8cognises it has a role In helping to taGkle sorne of th8 more severe soclal problems wlthin our soclety. We strongly belleve that our mlsslon within ¢ommunltlos Is lo provkle support and help where needed. We are actlve In r81iglous and communlty educatlon, local outreach, and communliy actSvltles such as vlsitatlon$, fellowshlp groups (Men. Women, Adult and Youth rninistrfes). To organis6 retreats for all ages, soc181 events such 88 Chrlstma8 meals, plcnlcs, and barbeques etc that we advertise to th8 whole communlly. To promote soclal cohé8lon, we encourage Inter4ac8llnter-falth exchanges wllhin the communlty. Sgt up a Hardship Fundlwelfare Fund.
Bethel United Church of Jesus Christ (Apostollc) Manchester CIO Trustees. Annual Report (conUnu•dJ Year ended 31 March 2024 Achlevements and perfomiance Church attandanco All are welcome to attend our regular $eNi¢85. We (x)ntinue to function as a hybrld of online and tn- person attendances, our services being hèld in the church with simultaneous online broadcasts. Thls has proved to be Important to Ihose members of the church who cannot for v8rious reasons attend the church In person. Some members continue to access our se5 even though away from Ihe city. Revlew of the year The full Commlttee met durlng the year wlth an average level of attendance of 90 per ¢enL Wor•hlp and Proyor Beth81 Unlted Church of Jesus Chrfst (Apostollc) Manchestsr Is 8nthusla5tlc to offer a range of servlces durlng the week and over lh8 year. These are open to the local communlty, who flnd Ih6m find both beneficial and splrilually fulfilling. W8 also aim to provlde a qulet, Intlrnate. and reflectIve envlronment for worship In our sancluary with people who are unable to atland duè lo illnos6 or other clrcumstsn¢es being able lo log In online, We have monitored and malntained our Systems lo eneble online broadcasts lo continue. Opportunitles are provided for people of all 8ges to engage In Interactlve worshlp. Our adult, young people and children groups continue to provide support. Our natlonal church has a daily prayer call which 18 open to all, we provlde support for thls and lead the call ono day a week. Our dlstrEGt and natlonal meetlngs provlde an opportunity for members lo fellowshlp wlth mèmbers from our $lster churches acro68 1118 UK. We support the church members In rotumlng to attend these evenls. We havè held fallowshlp seTvlces and evenls for our member5 and famllles whlch thls yoar havfj begn funded by the church. A8 well 88 our regular services, we enable the local community lo ¢el8brate and give God thank8 throughoul life's journey. Through water baptism we give God thanks for Ihe glft of Ilfe; In marrlage, publi¢ vows ar6 exchanged with God's blessing and through funeral s6tvlces frId$ and famllles èxpress thelr grfefs and Cèlebrate the Ilfe which Ss now complete In thls world and to Gommend tho peryon into God's k88ping. Tho church bullding sltuated at 393 Clarernont Road. M8nche8ter. M14 7PA, our seryic83 and evonts are open to tho local communlty, The church welcomes and recelv88 requests for prayer from famllles 8nd individuals. These have been a source of much needed wpport and comfort lo lam111. Th8 church clergy ar¥d offlc8rs where requested wlll by arrangernent attend home8 wlthln tho CDmmunMy for prfvate prayer and to glve support. Pastornl Car• We engage with and actlvely support families and Indlvlduals thrvugh confldentlal counsplllng and advice. Where vlslls are rpqulred, the church wlll do its best to facllitate these. We do our best lo support farnlll8s and indlvlduals who n8ed help and advice, Ml$slon and evangellsm Helpin9 thosè in need is a demonstration of our faith. Evangelism is an important part of ow falth. and all m8mbers are encouraged to contribulg in this aa of our mission.
Bethel United Church of Jesus Christ (Apostollc) Manchester CIO Trustses. Annual Reportlcontlnu•d) Year ended 31 March 2024 ChurGhes Together We have good worklng relationship wlth local ¢hur¢h8s and Faith Groups. We are open to tollaboration where th18 is in Ilne with our doctrinal prlnciples. Women's Departm•nt Organised monthly womèn's service for the church and mMunIty. Org8nl$ed women's group meetlng$. Contacting the sick in Ihelr homes and also those hospit81ised. Providing support for elderly brethren who liv8 alone in th8 community. Organised a district meeting led by th8 women and for thg church. Provided leadership support to the church's national women's leam. Provlde a communication and support network for the slsters wlthln tha church, whl¢h18 open lo the wrnmunlty at the dlscretion of our team leaders. Brotherhood D¢partment Organlsed a monthly men's $eThice for thg church and community. Provide a communication and 8UPPOrt network for all brothers within the church. whlch 18 open to the community. Provided leadershlp for th6 church's nalional m9n's department. Also arranged the natlon81 Annual men's conference. Youth Department Organis8d a monthly young people soNice for the church and communlty. Organlsed megtings for the young people ofthe church. Provided support for any students who visit the church and are Studying at unNer8ities In Manchester. Provlded a nehvork for the young people to Interact and engage In actlvltles wlth their pe8r8 In othor natlonal churches. Provided a network for the young people to Interact and engagg In actlvllles wlth thelr poern In other distrlct 3 churches. Organlsed fellowshlp events for the young people. Mu$l¢i8ns Department Org8nrsed 8 praise and worship team. Provided a team of musicians who serve at our 5ervlces and gatherlngs. Provlded opportunities for young men and women to learn new skills on musical Inslruments. Provlded muslcal conl6nt for thé church's meetings. Chrlstlan Educatlon and Tralnlng Th8 church provideg OPPOrtunrtÈe$ for those with approprf8te skllls and ¢81Slng, to be developed as tèachers and department support workeTS wlthln the Chrtstian Edu¢atEon Department. Organi6ed weekly class88 for wlde range of age group8. These classes are open to the membership and ¢ommunlty, Organlsed online activities for the chlldren, these included both soclal and rdlglous actlvilies.
Bethel Unlted Church of Jesus Christ (Apostolic) Manchester CIO Trustees. Annual Report fcoRllnu Year ended 31 March 2024 Flnanclal r•vlew In the year ended 31 March 2024 tot81 receipts on ordinary unre8trtcted funds were £177.932 (2023 £176,443) and ar8 detalled In th& flnanclal statements. £57.072 {2023 £89.0591 was spent to provide the Christian ministry, giving a not ministry SUTplus of £120,860 {2023 £87.384) forthe year. ReseThes polley The Trust88s revlew the poll¢y on r8S8rves and set targets at least once per annum wlth reference to the guldance and 18rmlnology publi8hed by the Charity Commission. The polley Is also revlewed, when warranted by changes In rfsk assessment or business plans. The review Includ8s unrestrlctad. designated fvnds and tanglble fFxed assets. Transfer to and from funds are authorfsed by thè Trusteeg acllng as a whole. Rlsk managoment The ethos of Bethel United Chur¢h of Je8us Chrlst (Apostolic) Manthestor CIO l¥ never to cary out any aclionlventure whlch will leopardise the assets of tho ¢harily that have been g8therod over many year6. Thè ¢harFty is not risk averse, but docldedly cautious. The trustee5 have examlned the major rfsks whlch tho charlly Is exposed to and are sat5sfied those systems are in place to mltlgate exposure to the major risks. Th8 trustees, annual report was approved on ..and slgned on behalf of the board of Irustee$ by: avld Miller Trustee Ophelia Smlth TrsJstge
Bethel United Church of Jesus Chrlst (Apostolic) Manchester CIO Independent Examiner's Report to the Trustees of Bethel Unltod Church of Jesus Chrlst (Apostollc) ManGhester CIO Year ended 31 March 2024 I report to the trusleas on my examlnation of Ihe financlal statements of Bethel United Church of Jesus Christ {Apostolic} Manchester CIO ('th6 charity'l for the year ended 31 Merch 2024. R•8pon81bllltlo8 and basls of roport AS th8 trust888 of the charity, you are r88ponsible for the preparation of the financial 8tatements in accordance wlth tha requlrem8nts of the Chartties Act 2011 ('the Act,). I report In respect of my examination of the charitys financial statements carried out under sectlon 145 of Ihe 2011 Act and in carrylng out my examination I have followed all the applicablè Dirèdlons glven by the Charity Commission under 8tIOn 145(5}{b) of Ihe Act. Independ•nt examlner'g 8tat6mont I have completed my examination. I confim) that no materlal matters have come to my attentkon In connection with the examlnatlon givlng me cause to believe that in any materfal respect: accounting records w6ro not kept in respe¢l of the charity a3 requlr¢d by section 130 of the Act; or the financlal statements do not accord wlth those records., or the flnanclal gtatements do not comply with the applicable requirement8 conceming the form and content of accounts set oul in the Charitie$ (Accounts and Report81 Regulations 2008 other than any requirement that the accounts give a 'tru8 and falrf view which18 not a mattér considered a8 part of an independent examlnalion. I have no concerns and have come across no other m8tt6rs in connectlon wlth the ex8mination to whl attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr8 J. Roach A.C.A, Thompson Jones Buslness Solution Ltd Indep6ndent Ex8mlner 2 Heap Bridge Bury BL9 7HR
Bethel United Church of Jesus Christ (Apostolic) Manchester CIO Statemènt of Flnanclal Actlvlti8s Year ended 31 March 2024 2024 Unrestrlcted FurMIs 2023 Total FNIS Total Fund8 Notes Incom• and end01ntI Donatbns aThl legacles other charitable ad]vitie$ IThB8tment income 133,328 9,045 35,559 133,328 9,045 3S,559 143,758 6.469 26,216 Total Incom 177,932 177,932 176,443 Expendtturn Expendlture on charltabla actlvltles 57,072 57,072 89,059 Total •xpondltur• 57,072 57,072 89.059 Not in¢omel{axpendlture) and Nat movement In fund8 120,860 120,860 87.384 Reconclllatlon of funds Total funds broffi fonKard 1,674,492 1,674,492 1,587,108 Total funds carrlad forward 1,795,352 1,795,352 1,674,492 The stabment of financlel activities includes all gains and losse8 recognised In tha yaar. All Income and expendfture derlve from ¢ontlnulng 8Ctlvlties. Th• notgs on p•go9 10 10 17 fom) part of the Iln•n¢l41 stat•m•nts.
Bethel Unlted Church of Jesus Christ (Apostolic) Manchester CIO statement of Flnancial Posltlon 31 March 2024 Notes 2024 2023 Flxed assets Targlbb fixed assets 802,160 805.627 Curront asséts Cash at bank In harKI 994,418 870.261 Creditors: amounts f811ir@ due with In on8 y88r 14 (1,226) (1,398) Not Current as59t• 993,192 868,865 Total aa8et8 currenl Ilabllhle8 1,795,352 1,874,492 Net assets 1,795,352 1,674.492 Funds of th• charlty Unrestricted fdS 1,795,352 1,874,492 Total charity funds 1,795,352 1,874,492 Thes6 financiel statements were approved by the board of tnjstees and avthorlsèd for i¥suo on and are signed on bel)alf of the board by: Desmond Miller Trustee Th• nol•8 on p*gg$ 10 to 17 fomi part of Ih•$e flnin¢lal $t•t•m•nts.
Bethel United Church of Jesus Chrlst {Apostolic) Manchester CIO Notes to the Financlal Statements Year ended 31 March 2024 General informatlon The d)arfty is a public benefit entity and a regist8red charlty in England and Wales and Is unincorporalad. The addres8 of the principol office Is 393 Claremont Road. Manchester, M14 7PA. Stat•mont of compllance These financlal statements have been prepared Sn compllan¢o wlth FRS 102. 'The FlnanGial Reporting StsrKlard appllcable in the UK and the Republic of Ireland., the Statement of Recommended Practice applicable to charilies preparing their accounts in a¢cordan¢e w¢th the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities A¢t 2011. Accountlng pollclès Basis of prèparntlon The financial statements have been pTrpared on the hlstorical cost basls, a8 modffied by the revaluatlon of certain financial assets and liabilits'es and investm8nt propertigs measured at falr value through Income or expènditure. The financial statements are prepared in steding, whiGh is the lunctional curren¢y of the entity. Going con¢m There are no mater181 uncertainties about the charity's ability to continua. DlscloBuro exempllons Judgements and kgy sourGo$ of estlmation uncertainty The preparation of the ftsnancial statements requires managemenl to make judgement estimates and assumptlons that affect the amounts reported. These eslimates and judgem8nts are continualty revi8wed and are based on experiencè and othei factors. Includlng expectations of future events that are believed to be reasonable under the ¢lrcumstances. Fund aecountlng Unrestrlcted funds are available for use at the discrelion of the trustees to further any of the harity's purposes. Desnated funds are unrestrfcted fvnds gamiarked by tha trustees for partl¢ular futur8 project or commltment. Restricted funds aré subjected to restrictions on their expendlture dedared by the donor orthrough the terrns of an appeal and fall into one of two sub-classes: restrlcted income funds or endowment funds. 10-
Bethel United Church of Jesus Christ (Apostolic) Manchester CIO Notes to the Financlal Statemgnts (¢&nUnu•d) Year ended 31 March 2024 Accounllng poll¢le8 {¢ofttlnu•d) Incomlng ra8our¢o5 All income Is In¢luded in the statement of fin8ncial activitles when entitlement has passÈd to the charity, it is probable Ihal the economic benefils associated wilh Ihe transactlon wlll flow to the charity and Iho amount can be rellably moasured. The followlng specific poll¢l8s aro applied to particu18r cate9ories of Income: income from donatlons or grants is recognised when there is evidance of entltlemènt to thè glft, recelptls probabl8 and lis amount be m8asured rellably. logacy Income Is recognised when recelpt Is probable and 8ntitl8m•nt 1$ ostabllshed. - Incom8 from donated ooods Is measured at the falr value of the goods unle39 th18 18 impractlcal to measure rellably. In whlch case Ihe value Is derived from the cost to tho donor or the estlmated resale value. Donated facilities end services are recognised in the a¢count8 when received if the value can be raliably measured, No amounis are included for the conlrlbutkjn of gen&ral volunleers. Resources oxpended Expenditure Is recognlsed on an accruals bas1+ as a Ilabllrty18 Incurred. Expendlture Includes any VAT which cannot be fully recovered, and is classified under headings of the statem8nt of financlal acllvltlès to whlch il relates: - expenditure on ralsing funds includes the costs of all fundralslng adlvltles, evenl$. nonrfharltable tradlng activities. and the sale of donotèd goods. oxpenditure on charilablg activllies Inrlud68 all cost8 In¢urred by a charity in und8rtaking activ[83 that further Its Charltable alms for the b8n8fit of Its beneflclaries. includlng those support C0818 and cost8 relating to Ihe govem3n¢e of the charity apportloned to charitable a¢tlvitl88. other expenditure Includes all expenditu Ihat is neither related lo reising funds for th6 charty nor part of its expènditurè on ¢harilable activlties. All costs are allocated to expenditure categories reflectlng the use of the resource. Dlrect costs attributable to a $ingl8 activity are allocated directly to that Bctivity. Shared costs are apportioned between the activlties they conlribule to on a reasonable, ju81iflable and nsIstent basS8. Tangibl• assets Tangible assels S initially recorded at cost, and subsequentty 8tated al cost le$s any accumulated depre¢l81ion and impairment losses. Any tanglble ass61s carrled at revalued amounts are recorded at the fair value al the date of revaluat5on less any subsequent accumu18ted depradatlon and subsequent accumulated Impalmient Ioss8S. An increase in the carrying amount of an asset a5 a resull of a revaluation, is recognlsed in other recognised gains and losses, unless It reverses a charge for Impalmient that has prevlously been recognised as expenditure within the stalement of finan¢lal activitles. A decrease in the carrying mount of an asset as a result of revalualion, is recogni$ed in other recogniséd gains and loss88, oxcept to whlch it offseis 8ny previous revaluation gein. in whiGh ¢888 the1083 ig 3hown wlthln other reccgnlsed galns and105s98 on the statement of financl81 actlvlles. 11
Bethel United Church of Jesus Chrfst (Apostolic) Manchester CIO Notes to the Financlal Statements (¢ontlnu•d) Year ended 31 March 2024 Accounllng policies (conllnu•dJ Depreclatlon Depreclation is calculated BO as to write off the cost or valuallon of an asset, less Its residual value, Over the useful economic lifo of Ihal asset as follows: Flxturos and fittlngs 20°k redu¢lng balance Impalrniont of flx•d a$s•18 A review for Indicators of Impalmient Is carri8d out al each reportlng dato, with th* recoverable amount belng estimated where such indlcators exist. Where the carrying value exceeds tho recoverable amount, the asset is impaired accordingly, Prior impairments are also revlewed for possible reversal at each reporting dale. For the purposes of Impalrment testing, when it Is not posslble io egtlm8te th8 recoverable amount of an Indlvldual asset, an estimate Is made of the recoverable amount of th8 c88h-generatlng unlt to whlch the asset belongs. The cash-generalln9 unltls the srnallest Identlflabl8 group of 8ssets that Includes the asset and generates cash Inflowg that largely Independent of the cash Inflows from olher assets or groups of assets. For Impalment lestlng ol goodwill, the goodwill acquired in 8 buslness combination13. from the acqulsllion dato. allocated to each of the cash-g8nerating unlts that are expected to beneflt from the synergies of the combln8tlon. Irresp9cllve ol whether other assets or Ilabllltles of the charlty are 88slgned to those unlts. Flnanclal Instruments A fin8nclal asset or a financlal Ilablllty Is recognlsod only when the entlty becomes a paty to the contractual provisions of the Instrument. Basle financial instruments are Initl8lly reco9nlsed Ét the amount receivable or payable Includlng any relaled transaction costs, unless the arrangement constitutes a financing tran6actlon, where ft 18 recognised at the presant value of the future payments dlscounled at a market rato ol Int8r08t for a slmllar debt In81rument, Current a8s&Is 8nd currènt Ilablllties are subsequently measured at the cash orother ¢onsideratJon expected to be pald or racelved and not discounted. Donatlon$ andlogacles Utyeslricted FU15 Total Funds 2024 Unrestricted Funds Totaj Fu)J$ 2023 Glfts Gifts from $8rvices m8elSrvJ8 133,328 133,328 143,758 143,758 133,328 133.328 143,758 143,758 12-
Bethel United Church of Jesus Chrlst (Apostolic) Manchester CIO Notes to the Flnancial Statements (¢onllnu4dJ Year ended 31 March 2024 Other charltablè aclivltles Unrestrlcted Total Funds Unreslrictéd Total FLMXIS 2024 Fur 2(Y23 Brethren SurKl8y se01 Book payments National Convocatlon F8es Othar Irorne DEstrict Méetlro Fees Fundralsing & scholorsP FUTr 328 1,115 3.734 2,435 1,433 328 1,115 3.734 2,435 1.433 450 898 3,458 1,139 524 450 3,458 1,139 524 9.045 9,045 6,469 6,469 Invo8tment In¢om• Lknrestflcted Total Funds Umstrlctod Furnls 2024 Furds Total Fuyls 2023 Iorne from InvestThrt Prop8rt1ès Itrom8 from Cash Investmenl 24.917 10,642 24,917 10,642 25,224 993 25,224 993 35,559 35,559 26,217 26,217 ExndItre on charltable actlvltles by fund typo Lfvestrlcted Funds 10,026 4,565 42,481 Tolal Fund• 2024 10,026 4,565 42.481 Lknrestrfcted Funds 12,083 3.861 73,115 Tot81 FurKI8 2023 12.083 3,861 73.115 Clvch Costs Property Costs Support Costs 57,072 57.072 89.059 89,059 Exp•ndlture on ¢harltable actlvitles by actlvlty type Adivitie8 L¥Klertaken Support dlrectly ¢ost8 Total Funds 2024 Total Fux18 2023 Clxxch Costs Property Co8t8 Support Costs 10,026 4,565 41,473 51,499 4.566 1.008 84,282 3.861 936 1,008 14.591 42,481 57.072 89,059 -13-
Bethel United Church of Jesus Christ (Apostolic) Manchester CIO Note8 to the Financlal Statements l¢ontlnu•&J Year ended 31 March 2024 Analy•l• of 8upport costs Urtsstricted Funds Total Funds 2024 Total 2023 Premlses CommunlcatlorE arn1 IT General Offlce Governare Costs Slyry National Convocatlon Fees Depreciation Legal & Professional Fe88 12,541 1,243 4.509 1,008 18,260 12.541 1.243 4.509 1,008 18,260 780 4,140 41,254 1,133 1.664 938 20.498 2,478 5,007 145 4,140 42,481 42,481 73,116 10. Ngt InGome 2024 2023 t Income is s1818d after clprgirYdl{creditlry): Depreclalion on Tarolabb Fixed Ass8ts 4,140 6,007 11. Ind•pend•nt examlnatlon fe•s 2024 2023 Foes payable to the Independent •xamlner for: IrKJependerrt examinalion of financlal statements 1,008 936 11 Trustso r•munoratlon and oxpensos Tho charlty tru5te8s were not paid or recelved any other benefits from employment with the Charfty in the year. nelther were they reimbursed expenses during year. 14-
Bethel Unlted Church of Jesus Christ (Apostolic) Manchester CIO Notes to the Flnancial Statements (¢onthu•dJ Year ended 31 March 2024 13. Tanglbl• flx•d assèts Freehold Propèrty Fixture4 an flttln98 Total Co$t Al 01 Aprll 2023 Additions Disposals 785,600 63,607 672 849,207 672 At 31 March 2024 785.600 64,279 849,879 Depreclatlon At 01 ri12023 Cbarge for year 43,579 4,140 43.579 4,140 At 31 March 2024 47,719 47,719 Carrying amount At 31 March 2024 785,600 16,560 802,160 At 31 March 2023 785,600 20.027 805.627 14. Crodlt¢r8: amounts falllng duo wlthln ono year 2024 2023 Trade Creditors AccrLHls and deferrpd IrKome 218 1,008 460 936 1,226 1,396 -15-
Bethel United Church of Jesus Christ (Apostolic) Manchester CIO Notss to the Flnancial Statements (conthu•dJ Year ended 31 March 2024 1S. Analy91• of eharitablo funds Unrwtrktod fund8 1-Apr-2023 Income Expe¢Klltwe Tran8fers 31-Mar-2024 Géneral fLNKIs Glwrch BudEr Mawrtenance FurKI 1,489,880 177,932 (57,072) 1.610,740 184,612 184.612 1.674,492 177,932 (57.072 1,795,352 At 1-Apr-2022 At 31-Mar*2023 Income Expendit8 TraMfer8 General fwKIs Church Buildlr Malntenance FUTh 1,402,496 176.444 (89,059> 1,489.880 184,612 184,812 1.587,108 176,444 89.059 1,674.492 Th18 year the church has allocated monies to a designated fund for the planned future maintenancè of the church building and grounds. 16. Anatysls of n•t a$$•ts b•tw•on fund$ Urrnstrfcled Furds Totsl Fund• 2024 Taf¥Jible fixed assets Current as$ets Credltors less tt¥9n 1 year 802,160 994.418 (1,2261 802.16Q 994.418 (1,226) Not assets 1,795,352 1.795,352 Unrestrtcted Furnls To.tal FLWKIS 2023 Tar¥Jible fbxed assets Current assets Creditors less than 1 year 805.627 870.261 11.396) 805,627 870,261 (1,396) Ne.t ass•ts 1,674,492 1,674,492 16