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2023-04-30-accounts

BETHEL EVANGELICAL CHURCH, HAVANT

REPORT & ACCOUNTS FOR YEAR END 1 APRIL 2023

441 Dunsbury Way Leigh Park, PO9 5BD Tel. 023920176400 www.bethelleighpark.org.uk email: admin@bethelleighpark.org.uk

LEGAL & ADMINISTRATIVE DETAILS

Charity name: Bethel Evangelical Church, Havant Charity number: 1180734

Trustees:

Reverend Glen Paul Galbraith

Brad Galbraith

Jan Morant

Matthew James Morant

Bankers CAF Bank Ltd

REPORT OF THE TRUSTEES FOR YEAR ENDED 1 APRIL 2023

Objectives and Activities of the Charity

The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Havant and the surrounding neighbourhood. Based at 441 Dunsbury Way, Havant. Such other charitable purposes as shall, in the opinion of the charity Trustees, put into practice the Christian faith in accordance with the Basis of Faith, including but not limited to: the prevention and relief of need, hardship and sickness; the advancement of education; and the provision of facilities in the interests of social welfare for the recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life; provided that the advancement of such purposes must be undertaken in a manner that is consistent with the doctrinal distinctives and ethical statements as may be adopted and amended by the CIO from time to time.

Government

Any substantial policy and operating decisions of the charity are brought to the members of the church by the Trustees in order for a vote to take place. Otherwise the smaller day to day decisions rest with the Trustees.

The Board of Trustees are made up of the Elders, Deacons and church administrator. These positions are filled from within the membership and chosen by the voting members of the church.

Review of Activities

As well as our Sunday Service the church runs a number of other ministries. These include; Mums and Tots, Prayer meeting, Women’s groups, children & youth clubs, Fitness and Wellness classes, Community Cupboard (food and home goods pantry) and an English as Second Language class amongst other activities. These run throughout the week in order to reach the surrounding neighborhood and to minister to our regular members.

Financial Summary

The current cash balance across all funds is £1894.16. Total income for the year was £54855.16.

Liabilities

Monies owed to Glen Galbraith £18,290.00 (Glen Galbraith has made payments to the church for the future purchase of church manse.) Monies owed to Glen Galbraith in unpaid salary £7133 Total Liabilities £25,423 Assets Bank Balance £1894.16 Property at 441 Dunsbury Way (church buildings) value unknown Property at 24 Blackdown Crescent (church manse) value approx. £250,000 Total assets: £251,894.15+

Approval

This report was approved by the Trustees at the Annual General Meeting held on 17 May, 2023 and signed on their behalf by:

Jan Morant

Independent Examinerfs Statement TO TFIE TRUSTEES AND MEMBERS OF BETHEL EVANGELICAL CHURCH, LEIGH PARK- My examination included a review of the record5 kept by the church and a comparison of the account5 presented with these records. In connection with my examination, no matter ha5 come to my attention l. Which gives me reasonable cause to believe that in any material respect the requirements to keeping accounting records, and to prepare a¢count5 which accord with these records, and comply with the requirements of the Constitution have not been met, or 2. To which in my opinion, attention Should be drawn to enable a proper understanding of the account5 to be reached SIGNATURE DATE 05109/ zoz3 fj￿}7 ADDRESS io IOLJ

Bethel Evangelical Church CIO Income and Expense Summary l April 2022 to l April 2023 General Fund mlnlstrator Fund PrÈviov5Balance Income Expenses Building I￿ringspeakerS 6,144.35 22.649.54 33.455.89 518.33 pr￿0￿$￿￿1anCt Income ns Curient ￿ance 10.603.33 313.54 1.601.11 491.63 1.735.01 16,766.74 1.426.20 33.455.89" 4.662.Ibl Officesupplie5 Other Insurance Evanedism and Outreach Salaries Childre Total Expense Current B￿anCe Projerts Fund Pr•¥lou5 Balanc• Irbcomè Expense5 Current B4ance 46.57 518.46 471.89 Missions Fund Pr¥tousU8n¢• 3.957.46 2,515.87 3J3.7S Currertt Balance 6.159.S8 / IO% otall givin£to thegeneral fund isset asideor misslons Incorne. Total Across All Funds ense$ Prev10￿ Balance Yotal IrKome Total Ex nses Curyerrt Balarte 2.96&65 s4￿55.16 55.9Z7.62 1,894.19 Building Fund re￿ou5 Baance 3.732.86 Income Expenses Cyrrent Z2.020.10 19,898.88 5.854.18- CAF Bank Actount Balances l April Cash Act￿rrt Gold AccLw T+*al In accounts £990.59- £903.60. £1.894.19 Pastor's Fund Pwe¥TrousBalance 10.868.02 in¢iMne from the pastorfs fund has Come from Glen's salary not paid to hlm In lieu of equity In the Manse and moneys paid to the church by Glen and Tammy toward the purchase of the Manse. Income Expenses Currevrt Bal¥K¢ 7,622.99 1,740.64 4.98S.67 .