## **HOPE CHURCH BEDWAS**
## **______________________________**
**REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2023**
**_____________________________________**
**C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF**
## **HOPE CHURCH BEDWAS**
## **FOR THE YEAR ENDED 31[ST] MARCH 2023**
## **CHARITY INFORMATION**
**Trustees:** Bryan Elliott Cameron Muir-Jones Michael Screen **Charitable position:** Registered Charity number 1175336 **Governing Document:** CIO Foundation Constitution dated 24[th] October 2017
**Address for correspondence:** Hope Church Bedwas The Crescent Bedwas Caerphilly CF83 8AG
**Independent Examiner:** Paul Burnell ACMI C Management Services 69 Velindre Road Whitchurch CARDIFF CF14 2TF **Bankers:** Co-operative Bank 16-17 High Street Cardiff CF10 1AX
||**CONTENTS**||
|---|---|---|
|||Page|
|Charity Information||2|
|Trustee Report||3-5|
|Independent Examiners Report||6|
|Statement of Financial Activities||7|
|Statement of Assets and Liabilities||8|
|Notes to the Accounts||9|
2
## **Hope Church Trustees Report**
## **RFEPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31[st] MARCH 2023**
The Trustees have pleasure in submitting the Report and Accounts for the year to 31at March 2022.
## **Objects of the Charity**
Objects
The objects of the Church (“the Objects”) are for the benefit of the public:
(a) to advance the Christian faith in accordance with the Statement in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit;
(b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, good or services of any kind including the provision of counselling and support in such parts of the United Kingdom or the world as the Church Council from time to time think fit;
(c) to advance education in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit.
## **Structure, Governance and Management**
Bedwas Pentecostal Church (aka Hope Church), a Charitable Incorporated Organisation, is governed by a board of trustees, appointed for a period of no more than three years by a properly convened meeting of the board of trustees. Trustees will meet at least four times per year to make decisions regarding the structure, governance, financial operations, and other relevant business.
The income of Hope Church is comprised of charitable giving by individuals and organisations, either by monthly standing order, regular donations at weekly worship services, or individual, “one off” donations, and grants from interested entities (be they government, lottery, business, or otherwise).
## **Responsibilities of the Trustees**
Charity law requires the Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.
We are required to:
1. Select suitable accounting policies and apply them consistently
2. Make judgements and estimates that are reasonable and prudent
3. State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts
4. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business
3
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **Our Aims and Objectives**
Hope Church seeks to promote and establish community education, welfare, service and strength through the preaching and teaching of the Christian faith. Hope Church desires that all people hear the message of Jesus Christ and have the opportunity to engage with God. The church also aims to serve its local community through education, service projects, and initiatives made available to all, regardless of faith background.
## **Activities this last year**
Pastor Elliott and his family are still in the United States and will be returning in 2023. In their absence, Pastor Jenes Samuel and his wife Lydia have been leading the church with the help of Mike and Anita James, who have joined the team as childrens' outreach directors.
We continued community outreach events, with a Back to School event in the park, childrens' holiday club, and a community christmas carol event (sponsored as a joint effort with other churches in the village). Hope Church also hosted men's breakfast events and a women's ministry breakaway. A weekly kids club is now on, and we have built partnerships with the schools through reading and mentoring initiatives. We have also begun work on youth outreach. Overall, the church is growing, with new families added over the last year.
## **Public Benefit requirement**
In planning the activities the Trustees have applied the guidance issued by the Charity Commission on public benefit in December 2008.
## **Financial Review**
Finances are reviewed at each trustee meeting, with an annual review of accounts to be carried out at the end of year and submitted to the Charities Commission.
## **Plans for Future Periods**
Hope Church is continuing to provide worship services and community programs, and we will continue supporting missions work at home and abroad.
## **Independent Examiner**
Paul Burnell of C Management Services was appointed as the organisation’s independent examiner during the year.
4
This Report was approved by the Trustees on 30[th] January 2024 and is signed on their behalf by
Bryan Elliott
………………………………………………………………………………………
5
## **INDEPENDENT EXAMINERS REPORT**
## **TO THE TRUSTEES OF**
## **HOPE CHURCH BEDWAS**
I report on the accounts of the Trust for the year ended 31[st] March 2023, which are set out on pages 4 to 7.
## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the 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 you as 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.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Paul Burnell
Paul Burnell ACMI For and on behalf of:
30[th] January 2024
C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road
Cardiff CF14 2TF
6
## **HOPE CHURCH BEDWAS**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31[st] MARCH 2023**
|Note
**RECEIPTS**
_Receipts from generated funds_
2
_Receipts from charitable_
_activities_
3
_Other receipts_
4
Interest received
Total Receipts
**PAYMENTS**
Charitable activities
5
Total payments
**Net Receipts/(Payments)**
Transfers between funds
Fund balances at 1st April 2022
Fund balances at 31stMarch
2023|Unrestricted
Funds
£
Restricted
Funds
£
Total Funds
2023
£
Total Funds
2022
£
30,499
385
30,884
25,305
-
-
-
-
-
-
-
5,000
3
-
3
-|
|---|---|
||30,502
385
30,887
30,305|
||21,734
-
21,734
23,995|
||21,734
-
21,734
23,995|
||8,768
385
9,153
6,310
-
-
-
17,555
-
17,555
11,245|
||26,323
385
26,708
17,555|
The notes on page 6 form part of these accounts.
7
## **HOPE CHURCH BEDWAS**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 31[ST] MARCH 2023**
## **1. Fixed Assets**
|The value of assets owned are:
Buildings
Equipment
**2. Bank & Cash Balances**
Cash at bank and in hand
**3. Other Assets and Liabilities**
_Assets_
Gift aid tax recovery not yet received
_Liabilities_
Unbilled fee for Independent Examination|Insurance Value
2023
2022
£
£
315,852
288,127
38,961
35,483
354,813
323,610
2023
2022
£
£
26,708 17,555
26,708 17,555
2023
2022
£
£
7,567
3,868
7,567
3,868
120
120
120
120|
|---|---|
The accounts were approved by the Trustees and signed on their behalf on 30[th] January 2024
Bryan Elliott
The notes on page 9 form part of these accounts.
8
## **HOPE CHURCH BEDWAS**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2023**
## **1. Accounting Policies**
The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities
|**2. Voluntary receipts**
Gift Aid donations
Other donations
Tax recovered
**3. Receipts from charitable**
**activities**
Income
**4. Other Receipts**
Grants
**5. Charitable activities**
**a. Direct Charitable Costs**
Salaries
MInistry costs
Bean House
**b. Support and Administration**
Premises running costs
Premises development costs
Administration and general
expenses
Miscellaneous expenses
**c. Grants**
Hardship support|Unrestricted
Funds
£
Restricted
Funds
£
Total
2023
£
Total
2022
£
14,798
-
14,798
9,690
15,701
385
16,086
15,565
-
-
50|
|---|---|
||30,499
385
30,884
25,305|
||-
-
-
-|
||-
-
-
-|
||-
-
-
5,000|
||-
-
-
5,000|
||Unrestricted
Funds
£
Restricted
Funds
£
Total
2023
£
Total
2022
£
5,720
10,202
-
-
5,360
8,433
-
-
985|
||15,922
-
14,778|
||3,361
-
-
-
8,076
-
2,451
-
-
-
1,141
-|
||5,812
-
9,217|
||-
-
-
-|
||-
-
-
-|
## **6. Staff and Trustees**
The charity has one part-time employed member of staff. Its activities are mainly carried out by volunteers
No remuneration or trustee expenses were paid to any trustee during the year, nor to any person connected to them.
9