Charity no. 1182775
Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO
Trustees Report and Accounts For the year ended
31 March 2024
Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
| Content | Page |
|---|---|
| Charity Information | 2 |
| Trustees Report | 3/7 |
| Independent Examiner’s Report | 8/9 |
| Statement of Financial Activities | 10 |
| Statement of Assets and Liabilities | 11 |
| Notes to the Accounts | 12/16 |
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
References and administrative Details
Trustees
Bishop Lansford Dinnall (Chair) Minister Genevive Dinnall (Secretary) Minister Kerry Jones (Treasurer) Deacon Clarence Barnes
Charity Information
Principal address: 33 North Road Cardiff CF10 3DX Bankers Lloyds Bank Barry 140B Holton Road Barry Cardiff CF63 4TZ Independent Examiners Modest & Co Financial Services Ltd 189 Greenhill Avenue Sheffield S8 7TJ
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
Trustees Report
The Trustees present their report and financial statement for the year ending 31[st] March 2024. The trustees have adopted the provision of 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) (effective 1 January 2019) .
Introduction
Bethel United Church of Jesus Christ (Apostolic) Cardiff presents its first report as a charitable incorporated Organisation (CIO.
The church became charitable incorporated Organisation (CIO) in 3 April 2019.
Bethel United Church of Jesus Christ (Apostolic) Cardiff was a Branch member of Bethel United Church of Jesus Christ (Apostolic) UK up to and until 3 April 2019.
Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO is currently an Independent, autonomous Church. It shall fellowship with Bethel United Church of Jesus Christ U.K and other sister churches within the Bethel Fellowship of Churches which pursues similar aims and signposts local beneficiaries to our services.
Aims and purposes
Bethel United Church of Jesus Christ (Apostolic) Cardiff has the responsibility of promoting the Oneness Apostolic Faith, primarily but not exclusively within Cardiff and the surrounding area, evangelism, social and community.
Bethel United Church of Jesus Christ (Apostolic) Cardiff services and worship are through scriptures, prayer, singing and music.
Objectives and Activities
Bethel United Church of Jesus Christ (Apostolic) Cardiff is committed to ensuring that as many people as possible come to worship at the church and to become part of the community of Cardiff the surrounding area.
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
Trustees Report (continued)
Achievements and Performance
Bethel Cardiff Church continues to promote its strategic credo the planning and delivery of its activities and meetings “Meeting the Needs of Today’s World” (Phil.4:19).
Outreach
The Gospel outreach strategies included personal invitations to church and a witnessing day. The church has been blessed with visitors to the church. The programmes, events and meetings have an evangelistic focus.
Meetings
The following activities / events were conducted: Sacraments:
1)Church services
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2) Prayer & Fasting meetings
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3) Pastoral Bible study
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4) Lord’s Supper / Holy Communion
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5) Seminars / Symposium:
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a) Food for thought session on mental health session
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b) My Fathers Children programme; Young People and Young Adults Leading Services
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c) A Menopause symposium
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d) MacMillan cancer fund raising
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e) Church day out f) Women2Women
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g) Man To Man h) Money management
Sunday School & Youth Department
My Fathers children programme involves the Bible readings, drawings, recitals and signing. The children made periodic presentations to the congregation. The children and young people had singing practice sessions & presentations.
Baptisms
We have seen visitors attending our services. It was also pleasing to note the we have had baptisms in and souls were filled with the Holy Spirit of God during our national convocation.
Infant Blessings
There were child blessings in this reporting period.
Help & Support
In line with our constitution, Bethel Cardiff church has helped and supported challenged and vulnerable people with food and assistance to attend church meetings e.g. local, district and national meetings e.g., convocation etc.
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
Trustees Report (continued)
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 SORP;
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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.
Structure, Governance And Management
The Church is governed by an Approved Governing Document. Members of the Church are accepted in accordance with the Constitution which requires them to be or to have been publicly baptised on the profession of faith in Jesus Christ and following a mode of baptism as per Acts 2v38.
A trustee meeting takes place throughout the year and has responsibility for the overall policy of the church. In accordance with the Constitution, the trustees, who together with the Pastor, Church Secretary and Treasurer, are responsible for the day to day running of the church’s work, and the financial and legal aspects of the charity. All trustees are encouraged to take an appropriate part in the spiritual and practical tasks involved in the furtherance of the charitable objective.
Relevant matters may be submitted to the General Congregational Church meeting by the Trustees for guidance or may be raised by members’ in General Congregational Church meeting for further consideration by the Trustees. The Constitution permits decisions to be made at a General Congregational Church meeting by a simple majority; Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO seeks to work by consensus wherever possible.
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
Trustees Report (continued)
Public Benefit
The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided By:-.
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➢ Providing regular public worship open to all
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➢ Providing sacred space for personal prayer and contemplation
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➢ Conducting pastoral work including visiting the sick and the bereaved
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➢ Teaching Christianity through sermons and Bible studies.
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➢ Promoting the whole mission of the church through activities for senior citizens, parents and toddlers and other special needs groups
Financial Review
The Church continues to raise the funds which it needs to carry on its activities from within its own membership and congregation.
The Church is dependents on its membership working as volunteers in all aspects of the church’s life, A number of these activities and initiatives operate with minimal impact on the church’s finances but nevertheless contribute substantially to the achievement of the church’s overall charitable objectives.
Total receipts on ordinary unrestricted funds were £40,573(£28,959:2023) and are detailed in the financial statements.
£29,154 (£18,758:2023) was spent to provide the Christian ministry.
The net result for the year was a surplus of £11,419(£10,201:2023) and adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward at 31 March 2024 for unrestricted funds totalled £197,024(£185,605:2023).
Reserves policy
It is Bethel United Church of Jesus Christ (Apostolic) Cardiff policy to maintain reserve in two forms. The property from which it operates and liquid funds. These are for use in the future projects supporting the charity’s objectives.
Risk Management
The Bethel Cardiff continues adopt a cautious approach towards its decision making. Whilst looking at risk we also consider the related opportunities.
Safeguarding remains a high priority in our church, and we ensure this given appropriate attention e.g., as part of our communications during announcements.
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
Trustees Report (continued)
Plans for the future
Ministry
To continue with a Evangelistic programme with aims to win souls for Christ. We will seek to form stronger links with the community and meet the needs of the congregation.
New Build Project
The development of a new church building / facility was a key strategic priority but the plans became cost prohibitive. The project is known as “Project Sanctuary” and the aim of the project is based on the theme “Modest Modernity” will be redefined following meetings to review out strategic direction.
Details relating to the application to the Council, architect’s details may be used for future work. We have agreed to move forward with a strategy that is commensurate with the capacity and capability of the church resources based on the membership size.
Approved by the Trustees and signed on their behalf by:
Bishop Lansford Dinnall -Chair January 2025
Minister Kerry Jones (Treasurer) January 2025
Independent examiner’s report to Bethel United Church of Jesus Christ (Apostolic) Cardiff
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
I report on the accounts of the charity for the year ended 31 March 2024 which are set out on pages 10 to 16.
Respective responsibilities of the Committee and the examiner
The trustees are responsible for the preparation of accounts. The trustees consider that an audit is not required for this year section 144(2) of the charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
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Examine the accounts under section 145 of the 2011 Act.
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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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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
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
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:
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to keep accounting records in accordance with section 145 of the 2011 Act; and
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to prepare financial statements, which accord with the accounting records and comply with the requirements of the 2011 Act and with the principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
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.
Donovan St H Modest, HND (Business Studies - Accounting), ACG, CIMA Adv Dip MA, CeMAP
Modest & Co Financial Services Ltd 189 Greenhill Avenue, Sheffield, S8 7TJ January 2025
Statement of Financial Activities
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
| Notes | Unrestricted | Total | Total Fund | |
|---|---|---|---|---|
| Fund | Fund | |||
| 31 March | 31 March | 31 March | ||
| 2024 | 2024 | 2023 | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donation and legacies | 2 | 40,368 | 40,368 | 28,959 |
| Investment Income | 3 | - | - | - |
| Other Income | 4 | 205 | 205 | - |
| Total | 40,573 | 40,573 | 28,959 | |
| EXPENDED ON | ||||
| Charitable activities | 5 | 29,154 | 29,154 | 18,758 |
| Total | 29,154 | 29,154 | 18,758 | |
| NET INCOME | 11,419 | 11,419 | 10,201 | |
| RECONCILLIATION OF FUNDS | ||||
| Total funds brought forward | 185,605 | 185,605 | 175,404 | |
| TOTAL FUNDS CARRIED FORWARD | 197,024 | 195,435 | 185,605 |
Balance Sheet as at 31 March 2024
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
| 31 March | 31 March | 31 March | ||
|---|---|---|---|---|
| 2024 | 2024 | 2023 | ||
| Notes | £ | £ | £ | |
| Fixed Assets | ||||
| Tangible Assets | 7 | 109,905 | 111,143 | |
| Total Fixed Assets | ||||
| Current Assets | ||||
| Cash at Bank and in hand | 87,819 | 74,462 | ||
| Total Current Assets | ||||
| Liabilities | ||||
| Creditors falling due within | 8 | 700 | - | |
| one year | ||||
| Net Current assets | 87119 | 74,462 | ||
| Total Assets less | 197,024 | 185,605 | ||
| Current Liabilities | ||||
| Creditors: falling due after | 9 | - | ||
| more than 1year | ||||
| Total Net assets | 197,024 | 185,605 | ||
| Funds of the charity | ||||
| Restricted and Unrestricted | 197,024 | 185,605 | ||
| Funds |
The notes on pages 12 to 16 form part of these financial statements
Accounts approved by the Trustees and signed on their behalf by:
Bishop Lansford Dinnall -Chair Minister Kerry Jones (Treasurer) January 2025 January 2025
Notes to the financial statements for the year ended 31 March 2024
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
1 Accounting Policies
a) Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention
b) Income and Expenditure
All income and expenditure is accounted for on an accrual basis.
c) Fund Accounting
The unrestricted funds are available for use at the discretion of the
Management Committee in furtherance of the general objectives of the Charity.
There are no restricted funds held by the Charity
d) Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation.
Fixed assets are capitalised in the accounts where their initial cost is a value of £200 and greater, items lower than this amount are expended through the Statement of Financial Activities.
Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold property not provided Building improvement 10% straight line Plant & Machinery 10% straight line Fixtures & Fittings 20% straight line Office Equipment 20% straight line Audio Visuals 10% straight line Laptops & Computers 20% straight line Motor Vehicle 20% straight line
Notes to the financial statements for the year ended 31 March 2024
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
| 2 | Donation | and Legacies | ||
|---|---|---|---|---|
| 31 March | 31 March | |||
| 2024 | 2023 | |||
| Unrestricted | Total | Total | ||
| Funds | Funds | Funds | ||
| £ | £ | £ | ||
| Donations & | 40,368 | 40,368 | 28,959 | |
| Offering | ||||
| - | ||||
| Total | 40,368 | 40,368 | 28,959 |
3. Other Charitable activities
| 31 March | 31 March | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Unrestricted | Total | Total | |
| Funds | Funds | Funds | |
| £ | £ | £ | |
| Gift Aid | - | - | - |
| Sunday School Books | - | - | - |
| National Convocation Fees | 205 | 205 | - |
| District Convocation Fees | - | - | - |
| Fundraising & Sponsorship | - | - | - |
| Other income | - | - | - |
| Total | 205 | 205 | - |
4.Investment Income
| 2023/2024 | 2022/2023 | ||
|---|---|---|---|
| Unrestricted | Total | Total | |
| Funds | Funds | Funds | |
| £ | £ | £ | |
| Bank interest | - | - | - |
| Total | - | - | - |
Notes to the financial statements for the year ended 31 March 2024
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
5 Expenditure on charitable activities
| 31 March | 31 March | |
|---|---|---|
| 2024 | 2023 | |
| £ | ||
| Administration | 48 | 8 |
| Communication expenses | 516 | 114 |
| Financing Cost | - | - |
| Depreciation | 1,238 | 1,896 |
| Mission & Ministry Cost | 4,486 | 3,885 |
| Outreach and Evangelism | 200 | - |
| Ecclesiastical Support Cost [Contribution | 840 | 1,990 |
| towards the responsibilities of the | ||
| National Church] | ||
| Trustee Remuneration &Expenses | 1,600 | 2,820 |
| Independent Examination | 520 | 400 |
| Charity Consultancy fees | 500 | - |
| Professional Fees | 5,169 | 2,431 |
| Marketing & Advertising | - | - |
| Insurance | 696 | 660 |
| Equipment/Furniture-Non-Capital | 35 | |
| Property Expenses | 1,078 | 840 |
| Utilities | 10,663 | 2,079 |
| Supplies & Services | 116 | 461 |
| Training/Short Courses/Conferences | 278 | 128 |
| Transportation & Travel | 753 | 757 |
| Miscellaneous Expenses-202 | 418 | 289 |
| Total | 29,154 | 18,758 |
Notes to the financial statements for the year ended 31 March 2024
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
6. Trustees Remuneration and Benefits
Two trustees received Honoria for the supply of contracted services for the year ended 31 March 2024 £ 2,070 (2023-£2,820)
Trustees` expenses
There was no trustee`s expenses paid for the year ended 31 March 2024.
for these additional roles Undertaken on behalf of Bethel United Church of Jesus Christ (Apostolic) Cardiff and not in his capacity as trustees. The details of this remuneration are shown in note 5 of the Financial Statements on page 14. Authority to pay has been given by the Charity Commission.
Trustees` expenses
There was no trustee`s expenses paid for the year ended 31 March 2024(2023-£0).
7 Tangible Fixed Assets
| Freehold | Building | Plant & | Fixtures/ | Office | Audio | Laptops | Total | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Property | Improvements | Machinery | Fittings | Equipment | Visuals | & | ||||
| Computer | ||||||||||
| £ | £ | £ | £ | £ | ||||||
| Cost | ||||||||||
| 1 April 2023 | 105000 | - | 2,550 | 4,701 | - | 7,945 | 239 | 120435 | ||
| Additions | - | - | - | - | - | - | - | - | ||
| Surplus on | - | - | - | - | - | - | - | - | ||
| revaluation | ||||||||||
| Disposal | - | - | - | - | - | - | - | - | ||
| At 31 March | 105,000 | - | 2,550 | 4,701 | - | 7,945 | 239 | 120435 | ||
| 2024 | ||||||||||
| Depreciation | ||||||||||
| At 1 April | - | - | 1,275 | 3853 | - | 3,970 | 192 | 9,290 | ||
| 2023 | ||||||||||
| Charge for | - | - | 255 | 799 | 794 | 48 | 1,896 | |||
| the year | ||||||||||
| On | - | - | - | - | - | - | - | - | ||
| disposals | ||||||||||
| At 31 March | - | - | 1,530 | 3,995 | - | 4,764 | 239 | 10,528 | ||
| 2024 | ||||||||||
| Net book | ||||||||||
| value | ||||||||||
| At 31 March | 105,000 | 1,020 | 705 | - | 3,180 | - | 109,905 | |||
| 2024 | ||||||||||
| At 31 March | 105,000 | 1,275 | 847 | - | 3,974 | 47 | 111,143 | |||
| 2023 |
8.Creditors: amounts falling due within one year
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Bethel United Church of Jesus Christ (Apostolic) Cardiff CIO Trustees Report and Accounts For the year ended 31 March 2024
31 March 2024 31 March 2023 Accountant`s Invoice 520 - Other Creditor 180 - Total 700 - 9.Creditors: amounts falling due after one year 31 March 2024 31 March 2023 £ £ - - Total - - 10. Debtors 31 March 2024 31 March 2023 £ £ Members Loan - - Total - -
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