Registered Charity Number: - 1194339
BETHEL BATH INTERNATIONAL MINISTRIES a Charitable Incorporated Organisation
## TRUSTEES’ REPORT AND
## FINANCIAL STATEMENTS
## FOR THE YEAR END 31 March 2023
**Bethel Bath International Ministries Hillside Hall Hillside Road**
**Bath digollooyis@gmail.com**
## **BETHEL BATH INTERNATIONAL MINISTRIES**
## **CONTENTS**
FOR THE YEAR ENDED 31 March 2023
TRUSTEES' REPORT ....................................................................................................................................................... 3 INDEPENDENT EXAMINER'S REPORT ....................................................................................................................... 4 RECEIPT AND PAYMENT.............................................................................................................................................. 6 STATEMENT OF ASSETS AND LIABILITIES ............................................................................................................. 8 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 9
**BETHEL BATH INTERNATIONAL MINISTRIES**
**INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 31 March 2023
## **IPC BETHEL PENTECOSTAL CHURCH BATH**
## **TRUSTEES’ REPORT FOR 2022/23**
MANAGEMENT, STRUCTURE, & GOVERNANCE
## **MANAGEMENT**
Management is a business function that provides leadership support to organisations, resources to realise strategic goals and objectives. While churches are not precisely business organisations tied with specific management practise as requirement including other complex legal requirement such as filing returns and payment of taxes.
They engage in activities that require adequate planning and execution if they are to be successful and impact to the church’s growth, development and governance.
## **STRUCTURE**
At the top there is the Pastor, they are the head of the church and are responsible for teaching the word of God. Next there are the elders, the congregation elects these men to oversee their spiritual needs of a particular local body.
The committee elected by the congregation help with the day-to-day operations of the church.
## **GOVERNANCE**
Governance means that the organisation of the church must reflect the identity of the church and must facilitate a situation where the way in which the church participates in God’s mission, brings life to all creation.
A church is in the eyes of the law a voluntary, un-incorporated association of people who make the congregation. A church is autonomous body which is self-governed with no outside authority having jurisdiction over them, except that granted by its membership.
Decisions are made and reviewed by either a single Minster, a small group of Pastors or a large group of church members (Committee).
## **OBJECTIVES & ACTIVITIES**
## **OBJECTIVES**
- Proclaiming the gospel by word and deed
- Mobilise for missions, recruit, train, send and care for workers in the fellowship.
- To gain souls for the kingdom of God
- To help and support the local community
- To have a congregation for fellow believers to come and worship God.
**BETHEL BATH INTERNATIONAL MINISTRIES**
**INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 31 March 2023
## **ACTIVITES**
• SUNDAY SCHOOL – Every Sunday morning we begin our activities with a word of prayer and then children are divided into different classes according to their ages.
• YOUTH MEETING – Once every month after the morning worship service, we have a youth meeting. Specifically designed to motivate and encourage young people to showcase their talents and increase their knowledge in the bible.
• LADIES MEETING – The ladies of our church gather once a week in different homes or virtually to pray and encourage each other.
• EVANGELISM – Once a week all the members of the church gather to distribute tracts/leaflets which contain scriptures from the bible.
• INTERCESSORY PRAYER - Every first week of each month, we have an intercessory prayer.
• COTTAGE MEETING – Held every Wednesday, at home or virtually.
## **ACHIEVEMENTS & PERFORMANCE**
• Throughout the Past year, God has helped us to support many Pastors and churches across India, this includes both Financial and spiritual support.
• Our church has grown substantially over the period of 2022, with many new families and members joining our church.
• God has enabled us to grow and expand our ministries from Bath to Salisbury, Wiltshire.
## **FUTURE DEVELOPMENT**
Our Mission is to revitalise the church, so it becomes the centre of the community as it once was and how God intended it to be.
There are four steps to our process; PREPARE, GROW, EXPAND and SUSTAIN.
We have a set target of at least gaining 10 spirits for his Kingdom and for them to have water baptism by the end of 2023.
**BETHEL BATH INTERNATIONAL MINISTRIES**
**INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 31 March 2023
## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS**
We report on the accounts of the charity for the year ended 31st March 2023.
## **Respective responsibilities of Trustees and Examiner:**
The charity’s trustees are responsible for the preparation of the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed. It is our responsibility to examine the accounts (under section 43(3)(a) of the 1993 Act), to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the Act), and to state whether particular matters have come to our attention.
## **Basis of independent examiner’s report:**
Our 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 charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeking explanations from the 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 statements below.
## **Independent examiner’s statement:**
In connection with our examination, no matter has come to our attention:
which gives us reasonable cause to believe that, in any material aspect, the requirements to keep accounting records in accordance with section 41 of the 1993 Act; and to prepare accounts which record with the accounting records and to comply with the accounting records of the 1993 Act have not been met; or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jaison Varghese Zachariah Vectra Management Consultancy Date: 14/06/2024
**BETHEL BATH INTERNATIONAL MINISTRIES**
**RECEIPT AND PAYMENT**
FOR THE YEAR ENDED 31 March 2023
|**Categories**
**Receipts**
Donation and gifts
Offering
Other
Tithe
Subtotal(Gross income for AR)
**Total receipts**
**Payments**
Depreciation Charge for the Year -
Plant & Machinery
Depreciation Charge for the Year -
Computer Equipment
Bank charges
Charity management &
administration
Charity running cost
Cost of services
Donations
Printing and stationery
Rent
Refreshments
Software & IT
Events
Sub total|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Last**
**year**
7,602.50
-
-
7,602.50
-
14,777.32
-
-
14,777.32
-
967.00
-
-
967.00
-
15,360.00
-
-
15,360.00
-
38,706.82
-
-
38,706.82
-|
|---|---|
||38,706.82
-
-
38,706.82
-|
||11.35
-
-
11.35
-
15.52
-
-
15.52
-
74.80
-
-
74.80
-
149.42
-
-
149.42
-
6,313.42
-
-
6,313.42
-
910.00
-
-
910.00
-
11,740.00
-
-
11,740.00
-
350.00
-
-
350.00
-
2,859.00
-
-
2,859.00
-
1,131.69
-
-
1,131.69
-
173.88
-
-
173.88
-
3,213.54
-
-
3,213.54
-
26,942.62
-
-
26,942.62
-|
## **BETHEL BATH INTERNATIONAL MINISTRIES**
## **RECEIPT AND PAYMENT**
## FOR THE YEAR ENDED 31 March 2023
|Asset and investment purchases
Plant & Machinery - Additions - Cost
Computer Equipment - Additions -
Cost
Sub total
**Total Payments**
Net of receipts/(payments)
**Cash funds this year end**|550.00
-
-
550.00
-
340.32
-
-
340.32
-
890.32
-
-
890.32
-|
|---|---|
||27,832.94
-
-
27,832.94
-|
||10,873.88
-
-
10,873.88
-|
||10,873.88
-
-
10,873.88
-|
Bl,-I'III,-I. B.II'II INI'IRN.ITI()N.11. IIINISTRIES
STATEIIENT C)F AS.SETS IIND LI.IBILITIES
OIi'I'IIL YLAR LNI)LI) 31 MarLh ?O?_I
Categories
Details
UDre5tricted funds
Restricted
ineome funds
Endoivment
funds
Cash funds
Bethel Pentecostal
Church Bath
19,834.02
Total Cash Funds
19.834.02
Detsils
Fund to which asset
belongs
Cost (optional)
cuent value
{optiona])
Assets retained for tbe
charity's own use
Plant & Machinery -
Adth'tions - Cost
Unrestricted Funds
550.00
Computer Equipment -
Additions - Cost
Unrestricted Funds
340.32
The fmancial statements were approved by the Board on 14- June -2024 and signed on Tts behalf by:
Digol Lo
Renownd Ebenezer
Rony Mathew Kavumkal
Chairperson
TnLStee
Trustee
**BETHEL BATH INTERNATIONAL MINISTRIES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 March 2023
## **1 Accounting Policies**
## 1.1 Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## 1.2 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## 1.3 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, 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 in preparing the accounts.
## 1.4 Expenditure
Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably. It is inclusive of VAT which cannot be recovered.
Direct costs are those costs which directly attribute to its activities. Wages and salaries are allocated to direct costs based on an estimate of time spent on charitable activities by staff members.
Support costs include staff costs and are those which do not produce a direct output. Staff costs relate to specific activities, and this is reflected in the allocation of payroll costs based on the percentage of time spent.
All costs, including governance costs, are allocated between the expenditure categories of the charity on a basis designed to reflect the use of the resource. Costs relating to a particular activity are charged directly; others are apportioned on an appropriate basis.
Support costs and overheads have been calculated by allocating staff time to the level of involvement in the various activities of the Charity.
**BETHEL BATH INTERNATIONAL MINISTRIES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 March 2023
## 1.5 Taxation
The organisation is a registered charity and has no liability to income tax or corporation tax on its charitable activities during the year.
## 1.6 Tangible fixed assets
Tangible fixed assets, such as computer, mic and projector, are held to provide an on-going economic benefit to a charity through their contribution, directly or indirectly, to the provision of goods or services by the charity.
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|Name
|Rate (%)|Year
|Method|
|---|---|---|---|
|Computer
|25
|2022|Straight line|
|Mic and Projector|20|2022|Straight line|
## **2 Income from Donations and Legacies**
|**Analysis**
Donation and gifts
Offering
Other
Tithe|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**2023**
**Total funds**
**2022**
**£**
**£**
**£**
**£**
**£**
7,602.50
-
-
7,602.50
-
14,777.32
-
-
14,777.32
-
967.00
-
-
967.00
-
15,360.00
-
-
15,360.00
-|
|---|---|
||38,706.82
-
-
38,706.82
-|
**BETHEL BATH INTERNATIONAL MINISTRIES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 March 2023
## **Expenditure on Charitable Activities**
|**Analysis**
Bank charges
Charity management &
administration
Charity running cost
Cost of services
Donations
Printing and stationery
Events
Support Costs
**4 Support Costs**
**Analysis**
**Governance Costs**
Rent|**Total funds 2023**
**Total funds 2022**
**£**
**£**
74.80
-
149.42
-
6,313.42
-
910.00
-
11,740.00
-
350.00
-
3,213.54
-
2,859.00
-|
|---|---|
||25,610.18
-|
||**Total funds 2023**
**Total funds 2022**
**£**
**£**
2,859.00
-|
||**2,859.00**
**-**|
## **4 Support Costs**
## **5 Other Expenditure**
|**Analysis**
Depreciation Charge for
the Year – P & M
Depreciation Charge for
the Year - Computer
Equipment
Refreshments
Software & IT|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**2023**
**Total funds**
**2022**
**£**
**£**
**£**
**£**
**£**
11.35
-
-
11.35
-
15.52
-
-
15.52
-
1,131.69
-
-
1,131.69
-
173.88
-
-
173.88
-|
|---|---|
||1,332.44
-
-
1,332.44
-|
**BETHEL BATH INTERNATIONAL MINISTRIES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 March 2023
## **6 Tangible Fixed Assets**
## **6.1 Cost or valuation**
|At 01 April 2022
Additions
Disposals
Revaluations
Transfers
At 31 March 2023|**Plant & Machinery**
**Computer Equipment**
**£**
**£**
-
-
550.00
340.32
-
-
-
-
-
-|
|---|---|
||550.00
340.32|
## **6.2 Amortisation and impairments**
|At 01 April 2022
Additions
Disposals
Revaluations
Transfers
At 31 March 2023
**6.3 Net book value**
At 01 April 2022
At 31 March 2023|**Plant & Machinery**
**Computer Equipment**
**£**
**£**
-
-
11.35
15.52
-
-
-
-
-
-|
|---|---|
||11.35
15.52|
||**Plant & Machinery**
**Computer Equipment**
**£**
**£**
-
-|
||538.65
324.80|
**BETHEL BATH INTERNATIONAL MINISTRIES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 March 2023
## **7 Cash at bank and in hand**
|Bethel Pentecostal Church Bath|**Total funds 2023**
**Total funds 2022**
**£**
**£**
19,834.02
-|
|---|---|
||19,834.02
-|
## **8 Charity funds**
## **8.1 Details of material funds held and movements during the CURRENT reporting period**
|**Fund names**
**Unrestricted funds**
**General Fund**
**Total**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**|
|---|---|
||-
38,706.82
(26,942.62)
-
-
11,764.20|
||-
38,706.82
(26,942.62)
-
-
11,764.20|
## **8.2 Transfers between funds**
**This Year**
|**This Year**|||
|---|---|---|
||**Amount**||
||**£**||
|Between unrestricted and restricted funds||-|
|Between endowment and restricted funds||-|
|Between endowment and unrestricted funds||-|
|**Last Year**|||
||**Amount**||
||**£**||
|Between unrestricted and restricted funds||-|
|Between endowment and restricted funds||-|
|Between endowment and unrestricted funds||-|