## Bethel Apostolic Church - Leeds
Charity number 1184993
Annual Report and Financial Statements
for the year ended 31 March 2022
## Bethel Apostolic Church - Leeds
Annual Report and Financial Statements for the year ended 31 March 2022
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Examiner's report|5|
|Receipts and payments account|6|
|Statement of assets and liabilities|7|
|Notes to the accounts|8 to 9|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Bethel Apostolic Church - Leeds
## Trustees' report for the year ended 31 March 2022
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates** David Adams Chairman Thelma Stanley Treasurer Calvin Wade Deceased during the year Clinton Creighton Pastor Victor Stanley Brenda Adams Gaynor Weeks-Wade Appointed December 2021
Deceased during the year Appointed December 2021 Registered in England and Wales
**Charity number** 1184993
## **Registered and principal address**
**Registered and principal address Bankers** 43-45 Victoria Road Lloyds Bank Plc Leeds 2 The Headrow LS6 1AS Leeds LS1 6PN
## **Independent examiner**
Simon Bostrom FCIE **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) formed on 21 August 2019.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are the Bishop, Overseer, the Senior Elder, Senior Evangelist, Senior Missionary, the Senior Deacon, the Pastor and the Senior Church Usher.
The charity trustees may appoint new or replacement trustees agreed by a resolution.
## **Objectives and activities**
## **The charity's objects**
To advance the Christian Religion in accordance with the Christian Faith, primarily but not exclusively within Leeds and the surrounding area.
2
## Bethel Apostolic Church - Leeds
## Trustees' report (continued) for the year ended 31 March 2022
## **Objectives and activities (continued)**
## **The charity's main activities**
Bethel Apostolic Church provides facilities for public worship and meeting the spiritual needs of attendees. The key aim is to provide support and services for the benefit of the Leeds community and the surrounding area. Members of the church and other assemblies benefit from the religious education programme that is provided. All church services are opened to the public. There are no restrictions on membership in terms of ethnic groups.
The other activities of Bethel Apostolic Church include:
- Enhancing the religious principle in accordance with the Christian principle that God must be exalted
- Engaging in missionary work, pastoral work and training of men and women to teach the tenets of worship
- Visiting and comforting the sick and undertake other outreach work within the wider community
## Community Intervention
Following overall agreement from the Trustees at Bethel Apostolic Church- Leeds, the church provides funding, as and when required, to the Bethel CYDC Support Initiative project. Bethel CYDC Support Initiative (BCSI) provides a support network to help with community issues. They consist of a team who set up various programs and initiatives aimed at assisting individuals and groups who are facing challenges and obstacles.
Bethel Apostolic Church continues to hold weekly evangelical meetings which includes the following:
- Worship Services
- Children & Young People Sunday School
- Bible Study
- Prayer Meeting
Bethel Apostolic Church have recently hosted a Local District Evangelical Meeting – namely Brotherhood Day – whereby members from the local district joined together in worship.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of religion.
## **Achievements and performance**
## Weekly Meetings
As a result of the above much has been achieved spiritually/emotionally, as detailed below:
Sunday Service – During the process of worshipping, members/visitors become closely connected to God. Similarly due to the teachings of sound doctrines they develop biblical knowledge as well as become deeper in their faith. Also, due to participating in services members have had the opportunity to use their spiritual giftings, which in turn has built up one’s self esteem as well as enhanced one’s spiritual growth.
Bible Studies – This has been a source of learning, discussion about specific topics & development of ones’ faith.
Sunday School – Due to biblical teachings the children and young people have an awareness of biblical principals/precepts. This has afforded them the opportunity to grow spiritually as well as empowered them to develop good morals.
Wednesday Payer Meeting – During the process of individual and corporate prayer, members who attend prayer meeting have gained spiritual strength, spiritual healing & deliverance.
3
## Bethel Apostolic Church - Leeds
## Trustees' report (continued) for the year ended 31 March 2022
## **Financial review**
The net payments for the year were £6,229.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £101,788.
The trustees originally agreed to allocate £20,000 to the reserves, based on historical operational costs of the charity. The main reason being to help manage the risks posed by any unexpected expenditure and unforeseen daily operational costs. Overall, this will provide a level of assurance that the trustees will:
Act in the interests of the charity
Protect and safeguard the assets of the charity Act with reasonable care and skill
The trustees agreed that the reserve would be reviewed on a regular basis, as an integral part of the management of the financial activities of the charity. The review would consider whether it is reasonable to increase or decrease the level of the reserves.
The trustees agreed to increase the reserves to £40,000 at the meeting held on 24 September 2019 and this is reviewed annually. A key factor was the level and cost of maintenance still required. The level of maintenance was reviewed by the trustees during the year. To keep the reserves at the agreed level, the trustees will:
- The plans to use reserves in excess of this are to:
- Identify and complete any urgent and essential maintenance work
- Provide support to special needs request from members
- Provide donations to other charities
- Provide gifts to members
Signed on behalf of the board of trustees on …………..……...…….
Signed: ………………..…………. (Trustee)
Name: ……………..…..………….
4
## Bethel Apostolic Church - Leeds
## Independent examiner's report to the trustees of Bethel Apostolic Church
## - Leeds
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2022, which are set out on pages 6 to 9.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the CIO as required by section 130 of the Act; or 2 the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: …………………………………… Name: Simon Bostrom FCIE
Date: …………………….
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
5
## Bethel Apostolic Church - Leeds
## Receipts and payments account for the year ended 31 March 2022
|Notes
2022
Unrestricted
funds
£
**Receipts**
Offerings and donations
(2)
39,059
Fees and charges
7,148
Loan repayments
970
**Total receipts**
47,177
**Payments**
Donations and finanical support for members
6,086
Donations to other charities
1,236
Loans to members
969
Insurance
4,191
Vehicle running costs
2,840
Utilities
3,760
Stationery
471
Telephone
331
Other administration costs
591
Fuel
218
Repairs and maintenance
29,482
Cleaning
389
Catering
452
Bookkeeping
330
Accountancy and independent examination
390
Material and resources
482
Instruments
1,188
**Total payments**
53,406
**Net income / (expenditure)**
(6,229)
**Fund balances brought forward**
108,017
**Fund balances carried forward**
(3)
101,788|2022
Restricted
funds
£
3,675
-
-
3,675
3,675
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,675
-
-
-|2022
Total
funds
£
42,734
7,148
970
50,852
9,761
1,236
969
4,191
2,840
3,760
471
331
591
218
29,482
389
452
330
390
482
1,188
57,081
(6,229)
108,017
101,788|2021
Total
funds
£
33,022
5,506
-
38,528
582
1,150
-
3,813
5,704
4,001
84
304
780
82
6,941
597
194
-
390
70
-
24,692
13,836
94,181
108,017|
|---|---|---|---|
6
## Bethel Apostolic Church - Leeds
## Statement of assets and liabilities
|as at 31 March 2022
2022
2022
Unrestricted
Restricted
£
£
**Cash funds**
Cash at bank
101,757
-
Cash in hand
31
-
**Total cash funds**
101,788
-
**Amounts owed to the charity**
Loans to members
**Assets retained for the charity's own use**
43-45 Victoria Road, Hyde Park LS6 1AS currently valued at £275,000.
Ford Transit minibus (subject to hire purchase agreement)
Computer
Digital Stage Piano
**Liabilities**
Independent examination
The financial statements were approved by the board of trustees on …………..……..|2022
Total
£
101,757
31
101,788
969
969
£
390
390
.…….|2021
Total
£
107,979
38
108,017|
|---|---|---|
Signed: ……………...………….…. (Trustee)
Name: ……………..…..………….
7
## Bethel Apostolic Church - Leeds
## Notes to the accounts continued
for the year ended 31 March 2022
## **1 Accounting policies**
## **Basis of accounting**
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
8
## Bethel Apostolic Church - Leeds
## Notes to the accounts continued
## for the year ended 31 March 2022
|**2 Grants and donations**
General donations and offerings
Bethel United Manchester
Bethel United Sheffield
Donations from trustees
Gift aid claims
**3 Restricted funds**
Funeral fund
**Fund name**
Funeral fund|2022
2022
2022
2021
Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
£
£
£
£
28,214
-
28,214
27,247
-
2,325
2,325
-
-
1,350
1,350
-
7,589
-
7,589
5,775
3,256
-
3,256
-
39,059
3,675
42,734
33,022
Balance b/f
Incoming
Outgoing
Transfers
Balance c/f
£
£
£
£
£
-
3,675
3,675
-
-
-
3,675
3,675
-
-
**Purpose of restriction**
During the year donations were received to contribute towards the cost of
the funeral for Calvin Wade who passed away during the year.|
|---|---|
## **4 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Donations from trustees**
During the year 5 trustees made unrestricted donations to the charity totalling £7,589 (2021: 3 trustees and £5,775).
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this year (2021: one trustee was paid £4,225 in respect of repairs and maintenance.
## **Other related party transactions**
Included within the donations and financial support for members is a payment to Gaynor Weeks-Wade who is the wife of Calvin Wade, one of the charity trustees, who sadly passed away during the year. A payment of £5,640 was made to contribute to the costs of the funeral. Donations totalling £3,675 were received from Bethel United Manchester and Sheffield to contribute to that cost.
9