2021-08-31-accounts - Bethany Community Church Harpenden

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CHARITY COMMISSION	CHARITY COMMISSION	Bethen	Church	Harpenden		Charity
FOR FNGLAND	AND WALFS					ifat
			rinual	accourits	for the	eriod
		Period start (tate	04I09I2020		To	Period end date	31IOSI2021

				O
						Restricted
Recommencfed catlgoriea		by			Unrestricted	income	Entfowment		Prioi'oaf
activity					funds	funds	funds	Total francis	funds
						E
Incoming resources {Note	3)				F01	F02	F03	F04	F05
Income and endowments from:
Donations and legacies				801	202,856	35,573		238428	204 063
Charitable activities				M2	S39				3,933
Other trading activities				S03
Investments				804	785			785	1 229
Separate materisl item of income				SOS
Other				SO6
Toter				so&	204 179	35573		239752	209225
Resources expended {Note6)
Expenditure an:
Raising funds
Charitable activities				S09	158,297	25,480		183777	208,984
Separete material item ofexpense
Other
TotaI				S12	158297	25480		183,777	208984
Net income/(expenditure) gains/(losses)	before investment			813	46,8S2	10,093		55,975	241
Net gairis/(lossesjl on Investments Net income/(expenditure)				814 Si5	45,882	10,093		55,975		241
Extraordinary items				O'IB
Transfers between funds				S17	91
Other recognised gains/(losses):
Gains and losses on revllvation offixed		assets for the cheNy's	own use	S18
Other gain@(losses)				S19
Net movement rn funds				S20	45,791	10184				241
RecoociIiatiarr effvpds: Total funds bmvght forward TotaI funds carvied forward				S22	314039 159,810	112064 122248		226,083 282,058	225 226	842 083

	I OZ
				Restricted
	X7 6'	Unrestricted fUnds		locome Leds	Endowment funds	'fetal this year	Tohal Slsi jf88I'
Fixed assets Intangible assets (Note 15}	soi	F03		K F02	F03		F05
Tangible assets (Note 14)	802
Heritage assets (Note 16)	ao3
Investments (Note 17)	ao4
Totsf fixed assets	i05
Current assets
Stocks (Note 18)
Debtors (Note 19) investments {Note17.4} Cash at bank and in hand {Note24} Tata!cvrr'ent assets	B08 809 81a	39,422 35, 'to		2,706 ,54 12,24		42,'I28	5,490 223,804 229,294
Creditors: amounts falling due within
one year (Note 20)	e&1						3,211
Net current asseta'(liabnities)	s12	59;81		,248			22e,O83
TOtal aSSets leSS Current NabIlitieS	B13						228,083
Creditors: amounts falling due after
one year (Note 20)
Provisions for liabilities	815
Total net assets or liabilities		159,810		122,248		282,058	226,083
Funds ofthe Charity
Endowment funds (Note 27}	B17
Restricted income funds {Nate27}				122,248		122,248	112,064
Unrestricted funds	B19	159,810				159,810	114,019
Revaluation reserve	820
TOPI fundS	e21	15,	0	122,248
SIgned by one ar two trustees oo behalf of all							Olte of
the trustees		Signature			Print Name		approval
							dd!m
					Richard Pa ne

SeNement clliea	ofInsvrartee Insurance claims are only included in the SoFA when the genera) income reci~ni5on criteria ere met (5.50to 5,f2 FR8102SORP) and are fncfuded a ircome Jn the SoFA, 4 ed s an item ofother	ofInsvrartee Insurance claims are only included in the SoFA when the genera) income reci~ni5on criteria ere met (5.50to 5,f2 FR8102SORP) and are fncfuded a ircome Jn the SoFA, 4 ed s an item ofother				hie
investment Nina and leases The includes Iny realised or unreafbed gains orfosses on the ssle ofinvestments act year. any gae Or loss resulng from revaluing investments to market value t th d fthe a eeh o 2.3 EXPEiMDfTURE AND LlABILtTIES					Yes	No
LIability recognition		Liabilities are re~nised where it is more likely Ran not that there Jsa legal ar ConstrUC5ve obfigatian Committing the Charity to pay out reaourceS and the amount Of obfiga5on can be measvred with reasonabrie Oerta/nty.	the		Yes	No	Wa
6overnance coats	and Iv~d Support costs have been afloolted beMreen governance costs and other suppo Governaree coats comprfse nfl costs involving public aexentabifity Ofthe charity and Coepfianoe with regulatforl and good praNce.		its
		Support Caetm inCJvde cehtrll functkeS and have been atlOCated to 8C5vtty Cost categories on a basis consistent with the uae ofresources, eg aIIocatlng prefer costs by fker areas. or per capita, staff cosh by the IIrne spent and other costs by their usage.
Grlnta~performance coefltlone		Where the Charity give 8grant with COhditfens for ita psyment being a specific level of serviCe cr output tc be provided, such grants are only remgnised In the SoFAence the recipient ofthe grant has provfded the speci5ed service or output.
Grants payable wtthout performance conditions		Where there are no conditions attaching to the grant that enables the donor charity to reafis5caffy avoid the mmmitment, a liability for the full funding obfigaten must be reixlgnlsed.
Redundancy ccet		T'he chaiity made re redundancy payments during the reporting period,		Yes
Deferred Income		NQ %8teAal rterh ofdeferr8d incOme hes been fncfucled )n N8 accounts.		Ye8		No
Creditors		The Charity has Creditors whch are measured atsettlement amounts less ahy trade discounts		Yes			N/a
Provisiona for thbIIftlel		A liability is measured on recegnitfon at its hiatorica5 cast and then sMbsequan5y measured at the best estimate ofthe amount required ta settle the obfiga5ce at the reporting date					N(a
Basic Ananciaf fns~ment3 2.4ASSETS		The charity ICCeunts far base 5naneial inS&ments On initial reXgni5eh as per paragraph 10.7FRS102SORP. SubSequeht meaSurement iSae per paragraphS 1f,t7 to 1$.19.FRS302SORP,		Yes
Tangible fixed use by charity	assets for	These are capitalised ifthey can be used for more than one ~ar, and cost at feast
		They are valued atest,
		The depreciation rates and methods used are disclomd In note 9.2,
intangible fixed esaeta		The Charity has Intangible fixed aSsets, that is, noh-menetary aSsets that do nOt have
		Physical substance but are identifiable and are control fed by the charfty through custody or legal rights, The amortfsatfan rates and methods used are discfOSed in note 9.5
		They BfBvBI404 at cost.		es			N/a
		The charity has herifsge assets, that is, non-rronetlry assets with historic, artfstlc,
		scientific, technofogiCaf, yÃgihysical Or environmentaf qualitieS that ar9 held and maintained p6refpllfy f'or their corttrihAiOn ta knowledge and Culture. The depredate rates and rhetor@ used aSdiscfosed in note 9.B.3.4.
				Yes
		They are vlfued at cost
Inveltments		Fixed asset investments in quoteCI shares, traded bonds and similar investments aie
		valued at ini5ally at cast and subsequently at fair value (their market value) et ths year end, The same treatment is appffed ta uhlisted investments unless fair value cannot be				No
		measured reliably )n which case it is measure&I at cost less impairment,
		Investments hetd for resale or pending their sale and castl and cash equiva/ents with a maturity date ofless than & year are treat&5 as current asset investments				No	N/a
Stacks artd work Iri progf88S		StoCks held far sale as part Of hen-Charitable trmfe are meaSured at the loWer or COSt Or net realisable valve.					N/a
		Goods ar services provided as part OfIcharitable ac5vity are measured at net reafisabIe based on the servtce poteltlal provided by items ofstack.	value	88			N/I
		WOrk ln pragresS is va)ued at cost feSS any foreseeable lOss that is ffkeiy tO OCCur On the contract.		Yes
		OebtorS (Including Wde dat;itcjrs end loans emkrabfe) are measured cN initial nxegnNon at selernent amount after any trade dfscourrts oramount advanced by the charity. Subsequently, they are measured at the CaSh Or Other COnSfdera5on expeCted tO be reCelved.		Yes		Na

				Grants to		rants tc
	Analysle			instltMtlons		individuals	Support costs
Relief af Hardahi					2850	21 228		Nil	24078
Advancement	of	Christian	Faith		4,706	6050		Nil	10755
		Tata/			T,555	27,278			34,833

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27.3 Transfers between	27.3 Transfers between	27.3 Transfers between	funds
			Reason foI' transfer a~@where endowment		is converted to income,	Arnoont
Bebveen restricted	unrestricted funds	and	Transfer between	legal power far its coovemion unrestricted general fvnds to Kings Pantry			91
Behveen	endowment	and
restricted	funds
Between	endowment	and
unrestricted funds

27.4 Desi nated funda	27.4 Desi nated funda
Planned	Use			PU	ose ofthe desi	nation	Amount
Missions Work		Missions
							18,097
Covid Hardship	Fund	Hardship	re Covid				3,360
Worship Fund		Provide	training.				750