## **REGISTERED CHARITY NUMBER: 1199487** Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2022 For **NEW BETHEL REVIVAL MINISTRY** |**NEW BETHEL REVIVAL MINISTRY**|| |---|---| |Contents of the Financial Statements|| |For the year ended 31 December 2022|| ||**Page**| |Report of the Trustees|2-5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Financial Statements|9-10| |Detailed Statement of Financial Activities|11| 1 ## **NEW BETHEL REVIVAL MINISTRY** ## **Report of the Trustees** ## **For the year ended 31 December 2022** The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1199487 ## **Principal address** New Bethel Revival Ministry Unit 9-10, 4 Crown Close Business Centre Bow London E3 2JQ ## **Trustees** Mr. Nana Banyin Danel Abban Mr. Edward Edusei Bonsu Mrs. Grace Acheampong Mr. Nana Kwame Odame Mr. Padmore Minkah -Appoint – 31.12.2022 ## **Bankers** Barclays Bank Plc ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a Foundation Model Constitution by trustees, and constitutes an unincorporated charity. The Foundation Model Constitution is dated 01[st] of December 2021 and the Charity registered on 29[th] of June 2022. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 2 ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and Activities:** _**The overall objective of the charity is:**_ - 1) To advance the Christian faith, the Word of God, and the full gospel of our Lord Jesus Christ in accordance with the statement of Faith in such ways or as the trustees may, from time to time, deem fit. - 2) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods, and services of any kind, including the provision of pastoral support and counselling in such parts of the England and Wales as the trustees deem fit. - 3) And addition to the above, the organisation also provides the following. - a. Making our building for available community use - b. Provision of help to other charities in the community and beyond by making donations. - c. Provision of youth activities every Saturday from 12:30 – 14:30 which is open to the public and Holiday club. - d. Provision of children naming and christening services to members and the public - e. The operation of the church increased awareness of God’s presence to helped grows as Christians through sermons and bible study sessions, alleviated poverty and supported the provision of religious education. - f. Providing burial services to the community and comforting the bereaved. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable Activities** As we continue to recover from the pandemic, the Church has been very active both to the congregants and the community. The church was able to organises its regular Sunday worship service for its members and these services are open to the public. These activities include weekly Sunday school for adults and children, Bible study, and midweek prayer meetings. Other activities include organising an away day to Margate seafront for the members, youth and the children which was fully participated by all the parents. The youth wing of the church was able to meet on Saturdays for music teachings (vocal and Instrument) for interested children. The church opens these programs to the public especially the community where it operates. The church offers its building for community use (by arrangement) for programmes such as seminars, English lessons, and events for the benefits of the community. ## **ACHIEVEMENTS IN 2022** New Bethel Revival Ministry Achievements in 2022 The year 2022 has been a very productive year as all our services were well attended despite the COVID 19 impact. 3 Many of the groups arrange extra meetings and have their committees’ meetings during the week. Ministers and Leaders of Departments meet monthly, Sunday school Teachers meets monthly for preparation. Once again, we have been able to welcome new members into the church with many of them coming with talents nurtured in their home churches, which they have used here. The Choir had weekly rehearsals and arranged two concerts. They were also in demand to take part in concerts arranged by other churches. The junior choir has flourished, increased in numbers, and taking part in the service. Lessons in music and keyboard have been held regularly and for a short time. Trumpet lessons were also given. The children’s ministry met in the lower part of the building every Sunday morning with the teachers meeting regularly for preparation and the teenagers met in the partition of the lower part for their own service except for special occasion when they joined the main congregation. We were able to engaged in caring for the poor and homeless in our community by distributing food stuff and relief materials. Those who were sick and bereaved were visited and prayed for. Despite the economic hardship occasioned by the Covid 19 pandemic, we were able to carry out some major projects: We did a complete overhaul of the roof of the building, double glazing our church windows, washing the entire brickworks of the building and painting of the entire building. We were also able to organise the crossover night on 31[st] December 2022 which was fully participated by members and the community. Other maintenance and refurbishing works done including the doors and windows shutters of the building. 4 ## **NEW BETHEL REVIVAL MINISTRY** Report of the Trustees For the Year Ended 31 December 2022 ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to. - select suitable accounting policies and then apply them consistently. - observe the methods and principles in the Charity SORP. - make judgements and estimates that are reasonable and prudent. - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ## **ON BEHALF OF THE BOARD OF TRUSTEES** ## **Nana Banyin Danel Abban** Date: 31/03/2023 5 ## **Independent Examiner's Report to the Trustees of New Bethel Revival Ministry** I report on the accounts for the year ended 31 December 2022 set out on pages three to six. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - To state whether particular matters have come to my attention. ## **Basis of the 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 statements below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - **1)** which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act 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. ## **Independent Examiner** ## **Rexford Oppong C/O Asknath Services Ltd** Date: 31/03/2023 6 ## **NEW BETHEL REVIVAL MINISTRY** ||**Statement of Financial Activities**|**Statement of Financial Activities**| |---|---|---| ||**For the year ended**|**31 December 2022**| |**INCOMING RESOURCES**|**Notes**|**2022**| |||**Unrestricted**| |||**£**| |Tithes & offering|**1**|41,044| |EDF Refund||86| |**Total**||**41,130**| |**RESOURCES EXPENDED**|**1**|| |**_Charitable Activities_**||38,529| |**Total**||**38,529**| |||| |**Surplus (deficit) for the**||| |**Year**||**2,601**| 7 |**NEW BETHEL REVIVAL MINISTRY**
**Balance Sheet**
**At 31 December 2022**
**Notes**
**FIXED ASSETS**
**£**
Tangible Fixed Assets
**5**
**CURRENT ASSETS**
Debtors
Cash in hand & Bank
**6**
34,853
**34,853**
**LESS CREDITORS:**
**Amounts falling due within one**
**year**
**7**
1,608
**Net Current Assets (Liabilities)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**TOTAL NET ASSETS**
**Total Charity Fund**
**Total Unrestricted Charity Funds**|
**2022**
**£**
640,308
33,245| |---|---| ||**673,554**| ||**673,554**| ||673,554| ||**673,554**| The financial statements were approved by the Board of Trustees on the 31[st] of March 2022; and were signed on its behalf by: ## **Nana Banyin Danel Abban** 31/03/2023 8 ## **NEW BETHEL REVIVAL MINISTRY** Notes to the financial statements. For the year ended 31 December 2022 ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended.** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Freehold property|- 2% on cost| |---|---| |Fixtures and fittings|- 10% on cost| |Motor vehicles|- 25% on cost| |Equipment|-10% on cost| ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2022. ## **Trustees' expenses** There were no trustees’ expenses paid for the year ended 31 December 2022 9 ## **3. STAFF COSTS** There was no staff cost during the year under review. ## **4. PRIOR YEAR ADJUSTMENT** There are no prior year adjustments made during the year. ## **5. TANGIBLE FIXED ASSETS** |**Cost**
As at 1st December 2022
Additions
As at 31st Dec.2022
**Depreciation**
As at 1st December 2022
**_charge for the Period_**
As at 31st Dec. 2022
**Net Book Value**
As at 31st Dec. 2022
As at 1st December 2022|**Freehold**
**Building**
**Equipment**
**Motor**
**Vehicle**
**Fixtures &**
**Fittings**
**£**
**£**
**£**
**£**
600,000
13,000
15,000
15,000
3,333
**600,000**
**16,333**
**15,000**
**15,000**
0.00
0.00
0.00
0.00
0.00
817
1,875
750
**0.00**
**817**
**1,875**
**750**
**600,000**
**15,516**
**13,125**
**14,250**
600,000
16,333
15,000
15,000|**TOTALS**
**£**
643,000| |---|---|---| |||**643,000**| |||0.00
2,692| |||**2,692**| |||| |||**640,308**| |||643,000| ## **6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** There are no debtors during the year under review. **7.** CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR **Professional Fees £1,560 Others £ 48.00 Total £1,608** 10 ## **NEW BETHEL REVIVAL MINISTRY Notes to the Financial Statements - continued For the year ended 31 December 2022** |**RESOURCES EXPENDED**
Building maintenance & Repairs
Church Expenses
Electricity
Gas
Motor Expenses
Motor Running maintenance
Premises Insurance
Premises Security
Road Tax
Telephone
Travelling
Water
Motor Insurance
Gift & Hospitality
Depreciation
**Totals**|**2022**
**£**
20,885
281
1,703
1,747
1,028
634
3,198
1,042
165
1,733
1,070
589
1,552
210
2,692| |---|---| ||**38,529**| 11