BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
BETHANY INTERNATIONAL HOUSE
FINANCIAL STATEMENT YEAR ENDING AUG 2025
REGISTERED CHARITY NO: 1183255
BETHANY INTERNATIONAL HOUSE FOR CHILDREN
FINANCIAL STATEMENT
YEAR ENDED AUGUST 2025
BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
CONTENTS
| Page | ||
|---|---|---|
| Charity particulars | 1 | |
| Trustees’ report | 2-3 | |
| Independent examiners’ report | 4 | |
| Statement of financial activities | 5 | |
| Balance sheet | 6 | |
| Notes to the financial statements | 7 -11 |
BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
TRUSTEES: Benjamin Gaba Ibironke Giwa PATRON Apostle Mathew A. Oluwajoba FOUNDER Susan Benjamin PRINCIPAL OFFICE & 214 the Headlands CONTACT ADDRESS Northampton NN3 2 NX BANKERS: 2018-2022 Barclays Bank Weston Favell Northampton 2025 National Westminster Bank Weston Favell Northampton
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BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
TRUSTEES’ REPORT AUGUST 2025
Objective
The objective of the charity is to provide relief and assistance to children’s needs and Substitute parenting. To provide the highest education for children within the community who are lacking.
Trustees
The trustees of the charity are listed on page 1 of the financial statement.
Statement of trustees Responsibilities
The trustees are responsible for preparing the Annual Report and financial statements according to the law of the United Kingdom Accounting Standards
The law which applies to charities in England requires the trustees to prepare financial statements for each financial year. This gives a true view of how the charity operates and how we generate and manage the resources of the charity for that period. As the trustees prepare the financial statements, they are required to:
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Select suitable accounting policies and then apply them consistently.
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Observe the methods and principles of the charities SORP (FRSSE).
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Make judgements and estimates that are reasonable and prudent,
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State whether applicable accounting standards have been followed, subject to any material departure disclosed and explain in the financial statements,
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To prepare the financial statements accordingly for each financial year unless we see it in proper ways to continue in business.
It is the trustee’s responsibility to keep correct accounting records that will disclose any reasonable accuracy at any time for the financial position of the charity. This will enable them to be sure that the financial statement complies with the Charities Act 2013, the charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also in charge of safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other miss management.
Bethany International house for children is a charity registered with the charity commissions under number 1183255. This organisation is set up in Sierra Leone to help the underprivileged children in waterloo in due of the aftermath of the last war, the pandemic and current state of the country.
The charity consists of a nursery school to encourage the little children with a good education. We also have an orphanage for children who have lost one or both parents. This is the report on the activities of Bethany International house for the year ending August 2025.
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BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
The board of trustees ensures that the school and orphanage are administered accurately by delegating several staff members to the daily operations needed to run them. All staff, including the finance officer, report to the trustees at their bi-monthly meetings and have immediate access to the founder and trustees with specific areas of responsibility. The teaching staff receive a certain amount of salary each month, as does the maintenance man. Other staff work voluntarily.
Since 2011, Bethany International House has been committed to providing quality education, accommodation, food, and clothing to underprivileged and orphan children. The organisation is committed to providing all these facilities to help the children fulfil a worthy life of destiny and, in turn, change and educate their community. Our staff have also tried to fulfil all the objectives the founder and trustees would recognise and endorse.
This year's operation reflects the commitment of the staff and trustees, strengthening the need for and value of the provision for Waterloo's underprivileged children.
In 2019/20, we started our auto-modern nursery school building from foundation to wall height. This will consist of four classrooms, two offices, a chapel hall and five toilets. Which was completed in 2021/2022, three classrooms finished, one office and three modern bathrooms. We have also built the nursery but want to create a more colorful atmosphere. We are still in construction mode and looking to add more outside playground active grounds, adding swings, etc. We acquired bicycles for children to learn, but we hope to develop more. We understand that the expenses will be more than we expected so we will have to find extra funds to help us complete the building.
In 2023/24, the school wall fell, increasing the cost to rebuild and slowing the full completion of the school building. Due to weather and the craftsmanship of the local builders, it has been a challenging year, but we have successfully mended the broken walls.
In 2024/25, the school-built borehole for water for the school, install toilets, install lights as electricity finally received from government, fixed toilet doors. Plastering the building and to complete rest of the school updates
The trustee's strategy for increasing financial provision is fundraising. This forces the charity to grow stronger and faster as time passes. The trustee has created other types of activities, such as piggery and poultry, and growing crops, which will help to raise more funds and control the amount of expenditure each year to increase funding.
The trustees extend their sincere thanks to all our partners, staff, and subcontractors for their generosity to the charity and to the children of Waterloo in Sierra Leone.
The annual report was approved by the management committee and signed.
Susan Benjamin
Minister Susan Benjamin (Founder)
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BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
Independent Examiners Report
Independent Examiners report: We report on the accounts of Bethany International House for Children for the year ending 30 August 2025.
Respective responsibilities of the trustees and the examiner
As the Charity’s management committee, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993(the Act) does not apply. It is our state responsibility, based on procedures specified in the General Directions given by the Charity Commissioners under section 43(b) of the Act, whether matters have come to our attention.
Basis Independent Examiners' report
Our examination was carried out by the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity, a comparison of the accounts, and seeking explanations from you as the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, we do not express an audit opinion on the view given by the accounts.
Independent examiners statement
In connection with our examination, no matter has come to our attention:
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1) Which gives us reasonable cause to believe that in any material respect the requirements (i) to keep accounting records by section 41 of the Act; and (ii) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Cat have not been met; or
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2) To which, in our opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
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BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
INCOMING AND EXPENDITURE REPORT FOR THE YEAR ENDED 30[TH ] AUGUST 2025
| Unrestricted | Unrestricted | Restricted | ||||
|---|---|---|---|---|---|---|
| NOTES | funds | Funds | Total 2025 | Total 2024 | ||
| INCOMING RESOURCES | ||||||
| Incoming resources from generated | ||||||
| funds | ||||||
| Funds invested by Founder | 3 | £5,280.28 | £0.00 | £5,280.28 | £4,892.25 | |
| Donation funds | 2a | £ | 615.00 | £0.00 | £615.00 | £2,272.00 |
| School Fees Donations | 4 | £2,408.82 | £0.00 | £2,408.82 | £1,591.93 | |
| Total Incoming resources | £8,304.10 | £0.00 | £8,304.10 | £8,756.18 | ||
| ________ | ||||||
| Resources Expended | ||||||
| Building Costs 5 |
(£3,952.56) | 0.00 | (£3,952.56) | (£5,144.91) | ||
| Travel Costs | 6 | (£832.77) | 0.00 | (£832.77) | (£849.00) | |
| Expenses of School running Day to Day | 7 | (2,408.82) | 0.00 | (2,408.82) | (£1,430.78) | |
| Salary for Teachers | 8 | (1,016.95) | 0.00 | (1,016.95) |
(1,007.55) | |
| Total ___________ | (£8,211.10) | 0.00 | (£8,211.10) | (£8,434.24) | ||
| Net Income/ (expenditure) and net | ||||||
| movements in funds for the year | £93 | £324.94 | ||||
| (17,949) | (12,358) | |||||
| Total Funds Brought Forward | ||||||
| Total Funds Carried forward Continuing Operations |
(17,856) | (12,034) |
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BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
BALANCE SHEET AS AT 30[TH ] AUGUST 2025
| Notes Fixed Assets Tangible assets 11&12 Current assets Cash at Bank and in hand Net Current assets Total assets less current liabilities 10 Creditors: amount falling due after more than one year 13 Net Assets Capital and reserves Net deficit) |
Notes Fixed Assets Tangible assets 11&12 Current assets Cash at Bank and in hand Net Current assets Total assets less current liabilities 10 Creditors: amount falling due after more than one year 13 Net Assets Capital and reserves Net deficit) |
TOTAL 2025 £ £47,179 93 47,272 (65,128) |
TOTAL 2025 £ £47,179 93 47,272 (65,128) |
TOTAL 2025 £ £47,179 93 47,272 (65,128) |
TOTAL 2025 £ £47,179 93 47,272 (65,128) |
TOTAL 2024 £ 47,489 _324 47,813 (59,847) |
TOTAL 2024 £ 47,489 _324 47,813 (59,847) |
TOTAL 2024 £ 47,489 _324 47,813 (59,847) |
|
|---|---|---|---|---|---|---|---|---|---|
| (17,856) (17,856) |
(12,034) | ||||||||
| (12,034) |
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BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
1 ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared under the historical cost convention, except for investments, which are included at market value and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2016). They have also been prepared in accordance with the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities published in March 2005 and applicable standards.
Funding Accounting
General funds are unrestricted funds that are available for use at the discretion of the Trustees in furtherance of the charity's general objectives and that have not been designated for others.
The cost of raising and administering such funds is charged against specific funds.
Income and expenditure
Income, which mainly consists of donations, school fees and contributions from the charity's founder, is accounted for when received, except interest receivable, which is accounted for on an accrual basis. Expenditure is accounted for on an accrual basis.
Legacies
Legacies are credited on receipt to the relevant funds as indicated by the testator's wishes. Where no such wishes have been expressed, the receipts are credited to unrestricted funds.
Donations
Donations were received in response to appeals for the charity's building, to support the staff, and to improve its overall operation.
Grants
The charity does not receive any grants.
Resources Expended
All expenditure is accounted for on an accrual basis, and it has been allocated to the development and running of charity.
Fundraising costs are incurred in seeking voluntary contributions. Governance costs are those incurred in connection with administering the charity and complying with constitutional and statutory requirements.
Depreciation
Depreciation is provided at a rate to write off the cost of fixed assets over their effective working lives. Hence, computer equipment and software are depreciated straight-line over three years. 25% applied to Motor vehicles.
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BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
Taxation
The Charity’s surpluses are derived from and applied toward maintaining charitable activities and are not subject to taxation.
Allocation of Costs
Costs are allocated to the specific project to which they relate. Where costs cannot be directly attributed to a particular heading, they have been allocated on a basis consistent with the use of the resources.
2. INCOME RECEIVED
2a. In 2025, £ 615.00 of donations income was unrestricted funds.
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Contribution of funds by the founder of - £5,280.28
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School Fees donations by parents, school events and Villagers' support LE 74,139– £2,408.82 (rate
30.7782SLL/1 Pound-average rate from
(www.tradetariff.service.gov.uk/exchange_rates/view/2025-8)
EXPENDITURE COSTS
The costs are all those allocated to running, maintaining, and building Bethany, including the cost of the founder’s flight and living expenses to oversee the charity.
5. The building costs Phase 5, adding windows, construction of doors for the toilets and renovation of the inside walls
| Description | 2025 |
|---|---|
| Buildingfoundations(PHASE 5) | £3,952.56 |
| Total | £3,952.56 |
- Travel costs of the members of the trustees to manage and review the charity and running of the school.
| Description | 2025 |
|---|---|
| Flight Cost | £832.77 |
| Total | £832.77 |
- Expenses of School running Day to Day costs
| Expenses | SLL | POUNDS | Rate2025 |
|---|---|---|---|
| Stationary Expenses for Construction works Cleaning Miscellaneous Expenses |
12,805 | 416.14 | 30.7782 |
| 42,525 | 1,381.66 | ||
| 5,620 | 182.60 | ||
| 13,186 | 428.42 | ||
| Total Expenses | 74,139 | 2,408.82 |
BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
8. Staff Salary paid £1,016.95 . - Le. 31,300
9. Statement OF Assets on 30th August 2025
Fixed Assets
Land & Building £46,250.00 Motor Vehicle £928.98 Total Fixed Assets £47,178.98
Currents Assets
Cash at Bank Total Assets
£93.00
£47,271.98
10. Land & Building
| 10. Land & Building | ||
|---|---|---|
| Cost of acquisition of land | £10,000.00 | |
| Site Preparation | £300.00 | |
| Surveyor | £400.00 | |
| Planning and Building | £1,125.00 | |
| Architects drawing | £1,000.00 | |
| Conveyance fees | £425.00 | |
| Solicitor | £425.00 | |
| Registration of Deeds | £425.00 | |
| Housing and Planning Permit | £600.00 | |
| National Revenue Authority | £100.00 | |
| Value of Building on land | £31,450.00 | |
| £46,250.00 | ||
| 11. Motor Vehicle |
2025 | 2024 |
| Cost | 1,238.66 | 1,651.55 |
| Additions | 0.00 | 0.00 |
| Depreciation | 309.68 | 412.89 |
| Total | 928.98 | 1,238.66 |
- Creditors: amount falling due after more than one year: £65,127.71 (Funds owed to Founder Susan Benjamin, personal contribution to Charity adjusted to include 2025 contribution 5,280.28)
BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
Off 555, Mabureh/Waterloo Western Area Rural Sierra Leone
West Africa
Annual School Report for 2024-2025
It is with great pleasure that I present the annual school report for the 2024-2025 academic year for the Bethany International House for Children, detailing the school's significant accomplishments and activities over the past year. I thank everyone for their continued support and dedication.
Table 1: ENROLLMENT FOR 2024/2025
| Class Level | Total |
|---|---|
| Nursery1&2 | 24 |
| Nursery 3 | 11 |
| Class1 | 16 |
| Class2 | 19 |
| Class 3 | 11 |
| Class 4 | 12 |
| Class 5&6 | 8 |
| Total | 101 |
Table2: Beneficiaries of Half Scholarship
| Pupils Name | Sex | ClassLevel |
|---|---|---|
| Ishmael A. Mansaray | M | 4 |
| SamuellaKoroma | F | 4 |
SCHOOL FEE/CHARGES
In the 2024-2025 academic year, total collected One hundred and Five thousand Four hundred and Thirty-Nine new Leones ( 105,439 ).
Table 3: Staff Enumeration
| Names of Workers | Monthly Enumeration | Months Worked | Annual Enumeration |
|---|---|---|---|
| Gladys Mansaray | 700 | 11 | Le. 7,700 |
| James c Griffin | 500 | 11 | Le. 5,500 |
| IsatuJ. Nyama | 500 | 11 | Le. 5,500 |
| Sao Mattia | 500 | 11 | Le. 5,500 |
| Abdul KarimJusu | 400 | 2 | Le. 800 |
| Micheal S Pessima | 300 | 9 | Le. 2,700 |
| Sarah Kamara | 400 | 8 | Le. 3,200 |
| Steven S Yongai | 200 | 2 | Le. 400 |
| Total | 3,500 | 65 | Le. 31,300 |
BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
Summary of Income and Expenditure
A. Income:
| i. | Fee and charges………………………………………………………………. Le 68,639 | Fee and charges………………………………………………………………. Le 68,639 | Fee and charges………………………………………………………………. Le 68,639 | |
|---|---|---|---|---|
| ii. | Admission Fees ………………………………………………………………… Le 2,000 | |||
| iii. | School Activities………………………………………………………….…… | Le 2,000 | ||
| iv. | Balance brought forward for 2023/24 academic year….…. | Le 1,500 | ||
| v. | Owners Contribution for Construction……………………………. | Le 31,300 | ||
| Total income………………………………………………………………………………. | Le 105,439 | |||
| B. Expenditure: | ||||
| i. | Salaries……………………………………………………………………………. | Le 31,300 | ||
| ii. | Stationeries……………………………………………………………………. Le 12,808 | |||
| iii. | Construction…………………………………………………….……………. Le 42,525 | |||
| iv. | Cleaning…………………………………………………………….……………. Le 5,620 | |||
| v. | Miscellaneous Expenses…………………………………………………. Le 13,186 | |||
| TOTAL…………………………………………………………………………………. Le | 105,439.00 |
Staff : We had 4 new staff, and all seems to be working well for the Year
Activities: As usual, we had our Christmas carol program in December, at the end of the first term. It was educational and entertaining, and all the pupils, parents, and staff participated well.
In the second term, we planned a trip to Lungi Airport, and we organised an inter-house athletic sports meet in the school compound. This was very peaceful and successful.
In the third term, we organized a graduation and Thanksgiving service for nursery and class six pupils who successfully completed the other phase of their basic education program.
BETHANY INTERNATIONAL TRUSTEES’ REPORT YEAR ENDING 2025 HOUSE
Challenges
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The limited number of teachers in the school seriously affected its smooth running.
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The few teachers must sacrifice to cover the other classes, which is very tedious.
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Fee collection is always challenging as some parents often pay late, others will either come to quarrel or hold onto their children long at home, and some even drop out of school.
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Staff enumeration: We often have problems employing and retaining staff because we need quality staff, but the monthly payment seems unattractive to the quality staff we need.
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Security and caring: The school needs two non-teaching staff members, a woman who can serve as a nanny and a man who can serve as security and gardener for the safety of the compound and the nursery pupils.
Achievement: During all challenges, the school ran successfully, and out of the little income we were able to raise, we partly supported some developmental projects in the school area that were undertaken in the academic year.
Recommendations
1. If we can’t get along with the quality teachers we need, let us employ people who are ready to work with us, and we will, in turn, give them our training that requires them to serve efficiently.
2. Let us at least try to improve the conditions of the few classrooms we are using to reduce the poor quality of the classrooms for effective teaching and learning.
3. Frequent engagement by parents/guardians encourages them to pay fees instead of dropping their children out of school, which may lead to some negative implications.
4. Review the enumeration given, considering the country's present economic situation.
We need a security guard and a nanny at the school to help secure the compound and serve as gardeners. The nanny will help care for the younger learners and permit the nursery teachers to serve efficiently.