Bethel School of Biblical Studies
Charitable Incorporated Organistation
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
Bethel School of Biblical Studies
| CONTENTS | |
|---|---|
| Page | |
| References and administrative details of the charity and its trustees | 3 |
| Trustees report | 4 - 7 |
| Independent examiner's report | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11 -14 |
Bethel School of Biblical Studies
REFERENCES AND ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS TRUSTEES. FOR THE YEAR ENDED 31 JULY 2025
| Trustees | Sylvia Dean - Vice Secretary |
|---|---|
| Denson Lewin - Chair | |
| David Miller | |
| Tracey Peters - Vice Chair | |
| Clive Roberts | |
| Secretary | Clive Roberts |
| Governing Document | Charitable incorporated organisation |
| Charity Registration Number | 1179314 |
| Principal office | Bethel School of Biblical Studies |
| Bethel Convention Centre | |
| Kelvin Way | |
| West Bromwich | |
| B70 7JW | |
| Registered office | Bethel School of Biblical Studies |
| Bethel Convention Centre | |
| Kelvin Way | |
| West Bromwich | |
| B70 7JW | |
| Independent Examiner | Tunji Ogedengbe FCCA |
| 36 Daffodil Close | |
| Hatfield | |
| AL10 9FF |
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Bethel School of Biblical Studies
TRUSTEES' REPORTS FOR THE YEAR ENDED 31 JULY 2025
From: 01 Aug 2024 to: 31 July 2025
Charity name: Bethel School of Biblical Studies ( BIBS) CIO
Charity registration number: 1179314
Introduction
The Trustees present their report and financial statement of the Charity for the year ending 31[st] July 2025.This report is presented in accordance with the Statement of Recommended Practice (SORP) 1 January 2026. The trustees have adopted the provisions of Accounting and Reporting by Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective September 2024).
Objects of the Charity
The charity is a Charitable Incorporated Organisation objects of the charity as set out in the governing document are:
Faith worldwide, in particular by providing in-depth knowledge of the biblical scriptures and equipping men and women for life and Christian ministry.
The Object is to be carried out as an expression of the beliefs set out in the clause 8 of the governing document.
Summary of Achievements and Performance
In furthering the above objects, main activities and achievements during the financial period were a series of Bible courses and they are as follows:
The continuation of the Taster Day initiative, which entails opening the doors of the school. Equipping those interested in exploring biblical education and with essential tools & techniques involved in the study of the Bible. It is designed to encourage potential student to enrol.
The ten Month BIBS Foundation Course was oversubscribed and a waiting list was devised.
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Bethel School of Biblical Studies
TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 JULY 2025
The Certificate Course , which is run online, over two years, provides a deeper understanding of the Scriptures: This was also oversubscribed.
The BIBS Ignite Scholarship, now in its third year, continues to provide fully funded places to young adults for the Foundation Course, within Bethel UK.
Intake was encouraging, in terms of age and gender of students who attended, from both Bethel and beyond. Constructive feedback was received verbally and in written forms from satisfied students, which also helps BIBS to grow.
BIBS held its first graduation, at Bethel Convention Centre, on 13[th] April 2024, following transition to an online school, which was very uplifting and fruitful.
The Operations staff number increased.
BIBS Delivery of Curriculum
BIBS continues to deliver its curriculum online. The staff have fully embraced the methodologies involved in delivering education on this platform and the courses continue to run well.
BIBS continue working together to address the many challenges involved in running an online Bible school. Systems are in place which encourage feedback from past and present students. The ethos of the school continues to be one of continual improvement.
The focus on student care remains of high priority. Courses and assessment processes have been adapted to an online learning environment. The changes brought in to facilitate online delivery, such as shorter weekend sessions, the introduction of online discussion forums and revision sessions, have been embedded and are proving themselves to be robust and of continuing benefit to the student body.
BIBS ongoing, seeks to recruit new staff this year so as to be able to effectively deliver its curriculum to current students, whilst also being prepared for any future increase in demand. Also to restart short courses, which includes the degree.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
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Bethel School of Biblical Studies
TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 MARCH 2025
Statement of Trustees Responsibilities
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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Select suitable accounting policies and apply them consistently
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Observe the methods and principles of the Charities Statement Of Recommended Practice (SORP) 2026
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Make judgements and accounting estimates that are reasonable and prudent
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to do so.
The trustees are responsible for keeping sufficient accounting records that disclose with 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. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.
Organisational Structure
These consists of the Board of Trustees & Governors
Public Benefit
The trustees have had due regard to the guidance issued by the Charity Commission on public benefit.
Financial Review
Total receipts on ordinary unrestricted funds were £24,386-2025 - (£13,743-2024) and are detailed in the financial statements. Expenditure £6,965-2025 - (£13,808-2024) was spent on objectives.
The net result for the year was a surplus of £17,422 -2025 - (£65.00-2024) and adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward at 5 April 2025 for unrestricted and restricted funds totalled £85,812 -2925 (£68,390-2024).
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Bethel School of Biblical Studies
TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 JULY 2025
Reserves policy
It is BIBS policy to maintain reserve in two forms, intellectual property & cash reserves or liquid funds.
Plans for the future
The charity continues to actively seek to develop the performance of its objectives and to provide benefit in accordance to its objectives. For example, restart the Short Courses/Degree, increase sponsorship, graduation, retreats and excursions.
Approved by the Trustees 28[th] May 2026 and signed on its behalf by the Board:
Denson Lewin, Chair
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Bethel School of Biblical Studies Charitable Incorporated Organistation
INDEPENDENT EXAMINNERS REPORT FOR THE YEAR ENDED 31 JULY 2025
I report to the charity trustees on my examination of the accounts of the CIO - Bethel School of Biblical Studies for the year ended 31st July 2025
Respective responsibilities of trustees and examinar
The CIO trustees are responsible for the preparration 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 examiners report is needed.
It is my responsibility to:
Secretary
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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
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to state whether particular matters have come to my attention
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of accounting records kept by the charity and a comparison of the accounts presented with these 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 proceedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts
Independent examiners' statement
In connection with my examination, no matter has come to my attention: :-
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements to
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keep accounting records in accordance with s130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to 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.
........................................................... Tunji Ogedengbe 31st May 2026 36 Daffodil Close Hatfield AL10 9FF
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Bethel School of Biblical Studies
STATEMENT OF FINANCIAL ACTIVIES (incorporating income and expenditure) FOR THE YEAR ENDED 31 JULY 2025
| Unrestricted Restricted Total Funds Funds Funds 2025 2025 2025 Notes £ £ £ INCOME AND ENDOWMENTS FROM: Donations and legacies - - - Charitable activities 23,430 23,430 Investment 956 - 956 Total Income and Endowmwent 24,386 - 24,386 Secretary 6 Charitable activities - Support Cost 6,965 6,965 Governance costs - Total Expenditure 6,965 - 6,965 Net movement in funds 17,422 - 17,422 - Total funds brought forward 68,390 68,390 - Prior Year Adjustment - - TOTAL FUNDS CARRIED FORWARD 10 85,812 - 85,812 |
Total Funds 2024 £ 4,794 8,949 - 13,743 11,061 2,747 - 13,808 65 - - 68,896 - 441 - - 68,390 |
|---|---|
The Notes on pages 11 to 14 formed part of these financial statements.
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Bethel School of Biblical Studies
Balance Sheet At 31 JULY 2025
| Notes FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank CREDITORS: Amounts falling due after more than one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS:Amounts falling due after more than one year NET ASSETS FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 £ - 86,562 86,562 750 - - |
2025 £ 85,812 85,812 - 85,812 85,812 85,812 |
2024 £ - 68,765 68,765 375 - - |
2024 £ 68,390 68,390 - 68,390 68,390 68,390 |
|---|---|---|---|---|
The financial statements have been prepared in accordance with the Charities Act 2011, "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland" (Charities SORP FRS 102), and applicable accounting standards.
The charity meets the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention or at fair value for assets where applicable.
The financial statements were approved by the Trustees on 31st May 2026 and signed on their behalf, by
Denson Lewin Name of Approving Trustee
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Bethel School of Biblical Studies
Notes to the Financial Statements For the year ended 31 July 2025
1. ACCOUNTING POLICIES
a) Basis of preparation
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)', the Charities Act 2011, and UK Generally Accepted Practice.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.
b) Going Concern
The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from the date of approving these financial statements. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, thus they continue to adopt the going concern basis of accounting.
c) Fund Accounting
Unrestricted Funds: These are funds that can be used in accordance with the charitable objects at the discretion of the trustees.
Secretary
d) Income Recognition
All income is recognised once the charity has entitlement to the income, there is probability of receipt, and the amount can be measured reliably.
e) Expenditure and Liabilities
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Liabilities are recognized at their settlement amount.
f) Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles -25% on reducing balance Fixtures and fittings -12.5% straight line Computer Equipment -33.33% straight line
f) Taxation
The charity is exempt from corporation tax on its charitable activities.
2. VOLUNTARY INCOME
| 3. Donations Donations of cash and similar 4. Income from Charitable Activities Course fees Graduation Accreditation fees Pre-payment Pre-payment Paypal charges 5. Investment Income Bank Interest |
2025 2024 £ £ - 4,794 - 4,794 2025 2024 19,092 5,658 - 1,398 760 - 223 - 3,356 992 6 - 23,430 8,949 2025 2024 956 902 956 902 |
|---|---|
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Bethel School of Biblical Studies
Notes to the Financial Statements - continued For the year ended 31 July 2025
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2025
Trustees' Expenses
There were no trustees' expenses paid neither for the year ended 31 July 2025
7. Debtors
| Trade debtors Total debtors 8. Cash Cash at bank with immediate access Total cash 9. Creditors: liabilities falling due within one year Trade creditors Accruals and deferred income |
2025 £ - - 2025 £ 86,562 86,562 2025 £ - 750 750 |
2024 £ - - 2024 £ 68,764 68,764 2024 £ - 375 375 |
|---|---|---|
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Bethel School of Biblical Studies
Notes to the Financial Statements - continued For the year ended 31 July 2025
MOVEMENT IN FUNDS
During the year the movements in the charity's funds were as follows:
| During the year the movements in the charity's funds were as follows: Unrestricted funds Unrestricted funds TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds TOTAL FUNDS |
Net movement in At 1/08/24 funds At 31/07/25 £ £ £ 68,390 17,422 - 85,812 - - - - - - Incoming Resources Net movement resources expended £ £ £ 24,386 6,965 17,422 24,386 6,965 17,422 |
|---|---|
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Bethel School of Biblical Studies
Detailed Statement of Financial Activities for the year ended 31 July 2025
| 6. Charitable Expenditure Costs incurred directly on specific activities Accreditation fees Telephone and utilities Graduation Costs incurred on support & administration Secretary Independent Examination Other Sub total- Goverance Cost Other cost Professional Fees Paypal charges Computer hardware General maintenance Telecommunication Insurance Marketing Other Expenses Sub total- Other Cost Total expenditure |
Unrestricted Restricted 2025 2025 £ £ - - - - - - - - 375 - - 375 - 880 - 306 - 1,881 - - 487 - 496 - 592 - 1,948 6,590 - 6,965 - 6,965 - |
2024 £ 330 502 10,229 11,061 375 76 451 - 99 1,430 252 - 514 - 2,296 2,747 13,808 |
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