FRIENDS OF BETHLEHEM UNIVERSITY, GB CHARrr TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR TO 31 DECEMBER 2020 A Charitble Incorpofated Organisation Registered charity number 1178996 (England arsd Wales) Principal olce.. Keyston House. 61 Putnoe Lane. Bedford. MK419AE
TRUSTEES. REPORT FOR THE YEAR TO 310ECEMBER 2020 The Tnjstees present their report and the fina81 statements for the year to 31 December 2020 1 Reference and Administrotivg Information The registered name of the charity is Friends of Bethhern University, GB Charity (the Charity). The address at which the Charity can be contacted is its registered office. Keyston House, 61 Pulnce Lane, Bedford, MK41 9AE. The trustees who served during the year and up to the date of this report were Paul Donnelly (Chairman from 1 January 20211 Brian Aitken lappointed 17 FebNary 2021) Wendy Bignold Michael Byme David Smith Bernard Waddingham 2 Structure, Governance and Managernent The Charity is a Charitable Incorporated Organisation and on 29 June 2018 it was entered on the Register of Charit'es held by the Charities Cornmission (England and Vvalesl, registered number 1178996. It is governed by ils Constitution which became effectNe on that dale. New Trustees are appointed by exisbng Trustees. The Trustees have given consideration to the risks to which the Charity is exposed and satisf*d themselves that systems or procedures are in place to manage those risks. Within that reVw, the Trustees reviewed the adequacy of cucfs intemal controls. Approprk41e Insuran cover has been purchased. 3 Objects and Activities The object of the Charity is for the publK benefft to advan edu¢atK)n and leaming anywhere in the world, in particular, but not limited lo, among the people of the Holy Land iTrespecb"ve of their religion, gendef, ethnicity, age or sexual orientstKsn. The Charity may not authorise an applution of its assets for purposes which are not charitable. In particular, the Charity has power to support Bethlehem Unwersty and all similar institutions wf(h whh Bethlehem University has formal and infomal relationships for the benefit of humanity. The Charity has 8ethlehem University as its prime beneficiary. The Trustees have complied w¢lh their duty to have due regard to public benefit guidance produced by the Charity Comrnission. Funds are raised by donations from benefactors. 4 Achigvements and Perfonnance Donations during the year included £200.000 from the C]ewer Community Fund. Other donations have been made by standing order, through the Charrty's own page on the Bethlehem University website Iwww.belhlehem.edulFOBUBl or on rlpt of issues of Bethlehem UnNersity News. There is close contact with several members of staff at Bethlehem University. 5 Flnancial Review During the year, donatM)ns of £225.691 12019. £79.205} and grft aid of £2,205 12019: £2,814) were received. Donations of £227,459 12019.. £81.485} were Made io Bethlehem University. After expenses, there was a deficit of £992 {2019." £1,192}. Al the end of the year, the Charity had nel assets of £1,112 {2018. £2,104)-
FRIENDS OF BETHLEHEM UNIVERSITY. GB CHARITY TRUSTEES. REPORT FOR THE YEAR TO 31 DECEMBER 2020 Icontlnuedl 6 ReseThes Policy The Trustees will, in future years, build up reserves so that, at the end of any financial year, there are sufficient reserves lo carry out the proposed activities for the following year. 7 Indepgndent Examlnatlon Richardson Watson & Co has merged with Mcx)rgate Chartered Accountants and has therefore resigned as Independent Examiners of the Chaty. Moorgate is a trading name of Moorgate Accountancy Limited which is a registered ststutory auditor The Trustees have appointed Moorgale Accountancy Limrted as Independent Examiners of the Charity'sTrustees' Report and Financial Statements. Approved by the Trustees on Trustee and Chaimian
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF BETHLEHEM UNIVERSITY, GB CHARtrY I report to the Trustees on my examinalion of the financial statements of Friends of Bethlehem University. GB Charity I'the Charity) for the year to 31 December 2020, which are set oul on pages 5 to 7. Responsibilities and basis of rewrt As the Iruslees of the Charty, you are responsible for the preparation of the financial ststements in accordance with the requirements of the Charities Act 2011 I'the ACYI. l port in respect of my examination of the Chanty's financial statements carrted out under section 145 of the In carrying out my examination, I have followed all the applicable Directions given by the Char"ty Commission under section 14515){b) of the Act Independent examinerfs statement I have completed my examination. I confim that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material resFecI.' {11 accounting records were not kept in respe¢l of the Charity as required by section 130 of the Act," or121 the financ1 statements do not acwrd with those records", or131 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements sel out in the Charities (Accounts and Reports) Regulalions 2008 other than any requirement that the financial stslements give a 'true and fairf vw which is not a matter considered as part of an indepefident examination. I have no concerns and have come across no other matters in connection with the examination to whh attention should drawn in this report in order to enable a proper understanding of the financial statements lo be reached. Peter Seed FCA Moorgate Accountancy Ltd Chartered Accountants Moorgate House 7b Station Road West Oxted RH8 9EE I i 2021
FRIENDS OF BETHLEHEM UNIVERSITY, GB CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 DECEMBER 2020 2020 2019 Income Donations Gift aid Interest 225.691 2,20S 79,205 2,814 Total Income 227,896 82,020 Expenditure on charitsble aclivities Donations to Bethlehem Universty Insurance Bank charges Website Advertising Total charitable expendlture Governance costs- independent examination Total charitable expenditure 1227,459) {292) {279} 158) {81,4851 12621 11651 14881 182,4001 18121 183,2121 {228.088} 18001 {228.8881 Net Ideficitirin¢ome and Net movement in funds for the year 1992) {1,192} Reconciliatlon of funds Total funds brought forward Total funds carried forward 2,104 1.112 3,296 2,104
FRIENDS OF BETHLEHEAI UNIVERsrrf, GB CHARITY BALANCE SHEET AS AT 31 DECEMBER 2020 2020 2019 Current assets Grft Aid aecrued Bank account- deposrt Bank a¢count- current 20 363 11,644 8.203 8,224 12.371 Liabilities Creditors falling due wthin one year Donations Creditors 16,3121 18001 1,112 19,467} 18001 2,104 Net current assets and net assets The funds of the charity Unrestricted funds 1,112 1.112 2,104 2,104 Totsl charity funds The financial slalements were approved by the Trustees on P Donnelly Trustee and Chairman B. J. Waddingham Trustee and TreasUr
FRIENDS OF BHLEHEm UNIVERsrrY, GB CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31 DECEMBER 2020 1 Trustees. responsibilities The Trustees are responsible for preparing the Trustees, Report and Financial Statements in accordance with applicable 18w and United FQn9dom Acco¥Jnting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to chanb.es in England and Wales requires the Trustees to prepare financial statements for each financial year whh give a true and fair view of the state of affairs of the charity as at the balance sheet date and of the incoming resources and application of resourS. including the income and expenditure, for that year. In preparing the financial statements, the Trustees are required to - select suitsble accounting policies and apply them consistenty.. - obseNe the methods and principles in the Char7ties SORP., make judgements and esbmates that are reasonable and prudent state whether applicable accounting stsndards have been followed, subject tr) any departures disclosed and explained in the financial sl8tements'. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper aoUntIng records that disclose wrth reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the charib.es (Accounts and Reportsl Regulations and the provisions of its constitution. They are also responsible for safeguarding the assets of the company and for tsking reasonable steps for the prevention and detectson of fraud and other irregularities. 2 Accounting policies The principal accounting policies adopted, judgments and key sources of estimab.on of uncertainty in the preparation of these financial statements are as follows. 3 Basis of preparation These Financial Statements have been prepared under the historical cost convention and in accordance with Accounb"ng and Reporting by Charities.. Statement of Recommended Practi aplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102} leffectsve 1 January 20191 (Charitses SORP IFRS 1021} and the Charities Act 2011. 4 Trust89$ None of the trustees or any person connected Iwth them r1Ved any remuneration during the period. 5 Related parties One Iruslee made a donation of £75 to the charity12019.' one trustee, one donation of £1001. 6 Employees There were no employees during the riod.