# **Registered Charity Number.1199672** # **Bethel Restoration Church of Jesus Christ CIO** **Trustees Report and Accounts for the year ended** **31 March 2024** Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 |**Contents**|**Contents**||| |---|---|---|---| ||||**Page**| |**Charity Information**|||**2**| |**Trustees Report**|||**3/8**| |||**port**|**9/10**| |**Statement of Financial Activities**|||**11**| |**Balance Sheet**|||**12**| |**Notes to the Accounts**|||**13/16**| 1 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## References and administrative information Trustees Pastor Josephine Lewis (Chair) Marveline Foster-trustee Jennifer Hamilton-Smith-trustee Joy Hume-Brown-trustee Principal address 25 NEWHOME WAY WALSALL WS3 1JH Independent Examiners Modest & Co Financial Services Ltd 189 Greenhill Avenue Sheffield S8 7TJ Bankers Barclays PLC The Bridge Walsall WS1 1LR 2 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **Trustees Report** ## **Introduction** The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions 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 and Republic of Ireland (FRS 102) (effective 1 January 2019). Bethel Restoration Church of Jesus Christ was incorporated as a charitable Incorporated organisation on 15 July 2022. This decision was driven primarily by the desire to take advantage of the separate legal personality and limited legal liability for Trustees. Bethel Restoration Church of Jesus Christ is an Independent Member of the Bethel United Church of Jesus Christ (Apostolic) UK and Europe family of Churches, which pursues similar aims and signposts local beneficiaries to our services. ## Aims and purposes Bethel Restoration Church of Jesus Christ has the responsibility of promoting the Oneness Apostolic Faith, primarily but not exclusively within West Bromwich and the surrounding area, evangelism, Outreach, social and community. Bethel Restoration Church of Jesus Christ worship services are through scriptures, preaching, teaching, prayer, singing and music. ## Objectives and Activities Bethel Restoration Church of Jesus Christ is committed to ensuring that as many people as possible come to worship at the church and to become part of the community of West Bromwich. 3 ## Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## Trustees Report(Continued) ## Achievements and Performances The ministry of the Bethel Restoration Church has grown from strength to strength, in faith, love, numerically and in unity. We have been involved and developed in areas just to name a few such as Fellowship, Community Work, Charity Events, Empowerment Sessions, Prayer Clinic, Bethel United School for Youth, Counselling and Baby Dedication from April 2023 to current. ## Fellowship We have built a network of love, support mechanism and unity by coming together socially and having fellowship meals. Brethren and their family members and friends look forward to such events biannually. People expressed themselves by singing, laughing, talking about issues of life and its challenges, and so forth. This network was linked to the community where members would come in and relax amongst us and be fed and were able to take away meals and talk about issues as they enjoyed the unity of the church. Children and youth were able to perform through singing, roleplay and have fun through outdoor activities such as games, and so forth. ## Community Work It is part of our duty of care to make sure the sick in the hospital are supported, in that they have regular visits, being fed, and ministered to in other areas. We also visited the homes of the sick and anyone who needs support and to give a listening ear to those who want to talk. We went out on the streets and ministered to the spiritual needs of the people. Charity Events Friends and loved ones who have the passing of family members have been shown sympathy and given a purse as a token of our love to help towards their burial. Brethren who are struggling financially are being helped. Empowerment Sessions We have talked about mental health and self-wellbeing. These sessions are geared towards helping to have a healthy diet, get sufficient rest and exercise to have a balanced life and longevity of life. ## Prayer Clinic A prayer clinic has been set up online where prayer and intercession have been made for people everywhere. Members of the church and community joined in every week to have their needs prayed for as well as for their family members and friends. Bethel United School for Youth (BUSY) This is a learning institution for children within the church and community to fellowship and be taught the word of God. Our children are part of and involved in this institution which helps to build their confidence, and self-development and gain knowledge and understanding of how to deal with life challenges that face them daily. Baby Dedication Babies of the church family and community are brought to the fellowship to be blessed and dedicated unto the Lord. 4 ## Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## Trustees Report(Continued) ## Pastoral Appreciation Our Pastor Josephine was installed as the pastor of Bethel Restoration Church to take on the ministry of the church. She served faithfully and committed herself to the development of the church in the areas mentioned above. The church family and community came together to acknowledge and show appreciation to the assigned task. ## Care home Visits Our children and youth visited the care home of the elderly over the Christmas season, where they served in singing carols and giving of gifts. ## Upcoming events - Prison Ministry ## Josephine Lewis Chair & Pastor 5 ## Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 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: - Select suitable accounting policies and apply them consistently - Observe the methods and principles of the Charities SORP 2005; - Make judgements and accounting estimates that are reasonable and prudent State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - 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. . 6 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **Trustees Report(continued)** ## 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 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. ## 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:-. - Providing regular public worship open to all - Providing sacred space for personal prayer and contemplation - Conducting pastoral work including visiting the sick and the bereaved - Teaching Christianity through sermons and Bible studies. - Promoting the whole mission of the church through activities for senior citizens, parents and toddlers and other special needs groups 7 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **Trustees Report (Continued)** ## Financial Review Total receipts on ordinary unrestricted funds were £20,919-2024(2023-£20,920) and are detailed in the financial statements. £7,406-2024(2023-£6,473) was spent to provide the Christian ministry. The net result for the year was a surplus of £13,513-2024(2023-17,447) 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 £30,960 (2023-17,447). ## Reserves Policy The Trustees review the policy on reserves and set targets at least once per annum with reference to the guidance and terminology published by the Charity Commission. The policy is also reviewed, when warranted by changes in risk assessment or business plans. The review includes unrestricted and, designated funds and tangible fixed assets. Transfer to and from funds are authorised by the Trustees acting as a whole. ## **Risk Management** The trustees have examined the major risks which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## Approved by the trustees and signed on their behalf by: Pastor Josephine Lewis 8 ## Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **Bethel Restoration Church of Jesus Christ CIO** I report on the accounts of the charity for the year ended 31 March 2024 which are set out on pages 11 to 16. ## **Respective responsibilities of the Committee and the examiner** The charity`s trustees are responsible for the preparation of accounts. The charity`s 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. ## 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 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. 9 ## Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 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 comply with the 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. 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 10 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **Statement of Financial Activities** |||01 April 2023|01 April 2023|15thJuly 2022 to| |---|---|---|---|---| |||to 31 March 2024||31 March 2023| ||**Notes**|**Unrestricted**|**Total**|**Total**| |||**Fund**|**Funds**|**Funds**| |||**£**|**£**|**£**| |**INCOME AND ENDOWMENTS FROM**||||| |**Donation and legacies**|**2**|20,919|20,919|23,920| |**Other charitable activities**|**3**|-|-|-| |**Investment income**|**4**|-|-|-| |**Total**||**20,919**|**20,919**|**23,920**| |**EXPENDED ON**||||| |**Charitable activities**|**5**|7,005|7,005|6,473| |**Total**||**7,005**|**7,005**|**6,473**| |**NET INCOME**||**13,914**|**13,914**|**17,447**| |**RECONCILLIATION OF FUNDS**||||| |**Total funds brought forward**||**17,447**|**17,447**|**17,447**| |**TOTAL FUNDS CARRIED FORWARD**||**31,361**|**31,361**|**17,447**| 11 ## Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts ## For the Period from 1 April 2023 to 31 March 2024 ## **Balance Sheet as at 31 March 2024** ||**Notes**|**2024**||**2023**| |---|---|---|---|---| |||**£**|**£**|**£**| |**Fixed Assets**|**8**|||| |Tangible assets||**-**|**-**|**-**| |**Current Assets**||||| |Cash at Bank||**31,881**||**17,847**| |**Current Liabilities**||||| |Amount falling due within|
**9**|**520**||**400**| |one year||||| |Net current assets|||31,361|17,447| |Total Assets less|||31,361|17,447| |Current Liabilities||||| |**Creditors: amount falling**|||**-**|**-**| |**due after one year**||||| |**Total Net Assets**|||31,361|**17,447**| |**Funds of the charity**||||| |Total Unrestricted Funds|||31,361|**17,447**| The notes on pages 13 to 16 form part of these financial statements ## Accounts approved by the trustees and signed on their behalf by: Pastor Josephine Lewis (Chair) 12 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **N** otes to the financial statements for the period 1 April 2023 to 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 Trustees 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 costing more than £200 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. ## **Depreciation** 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| ## **2** Donation and Legacies ||**2024**|**2024**|**15th July**| |---|---|---|---| ||||**2022 to**| ||||**2023**| ||**Unrestricted**|**Total Funds**|**Total Funds**| ||**Funds**||| ||**£**|**£**|**£**| |Donations &|**20,919**|**20,919**|**23,920**| |Offering|||| |**Total**|**20,919**|**20,919**|**23,920**| 13 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **N** otes to the financial statements continued ## **3. Other Charitable Activites** ||**2024**|**2024**|**15th July**|| |---|---|---|---|---| ||||**2022 to**|| ||||**2023**|| ||**Unrestricted**|**Total Funds**|**Total Funds**|| ||**Funds**|||| ||**£**|**£**|**£**|| |Gift Aid|**-**|**-**|**-**|| |Sunday School Books|**-**|**-**|**-**|| |National Convocation Fees|**-**|**-**|**-**|| |District Convocation Fees|**-**|**-**|**-**|| |Fundraising & Sponsorship|**-**|**-**|**-**|| |Other income||||| |**Total**|**-**|**-**|**-**|| |**4. Investment Income**||||| ||**2024**||**15th July**|| ||||**2022 to**|| ||||**2023**|| ||**Unrestricted**|**Total Funds**|**Total Funds**|| ||**Funds**|||| ||**£**|**£**|**£**|| |Bank interest|**-**|**-**|**-**|| |**Total**|**-**|**-**|**-**|| |5. Expenditure on charitable activities||||| ||||**01/04/2023**|**15th July**| ||||**to**|**2022 to**| ||||**31/03/2024**|**2023**| ||||**£**|**£**| |Administrative expenses|||-|1069| |Communication|||-|250| |Independent examination fee|||520|400| |Chapel Hire|||1,743|990| |Mission & Ministry Cost|||3,434|2,799| |Outreach and Evangelism|||1,065|-| |Ecclesiastical Support Cost|[**Contribution**|**towards the**|243|565| |**responsibilities of the National Church**]||||| |Stipend|||-|-| |**Total expenditure on charitable activites**|||**7,005**|**6,473**| 14 ## Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **N** otes to the financial statements continued ## **6. Trustees Remuneration and Benefits** There was no trustee`s remuneration or benefits for the year ended 31 March 2024 ## **Trustees` expenses** There was no trustee`s expenses paid for the year ended 31 March 2024. ## **7.Independent examination fees** ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |Accountant`s Invoice|520|400| ||**520**|**400**| ## **8. Tangible Fixed Assets** ||**Freehold**|**Building**|**Plant &**|**Fixtures/**|**Office**|**Audio**|**Laptops**|**Motor**||**Total**|| |---|---|---|---|---|---|---|---|---|---|---|---| ||**Property**|**Improvement**|**Machinery**|**fittings**|**Equipment**|**Visuals**|**&**|**Vehicle**|||| ||||||||**Computer**||||| ||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|||**£**| |**Cost**|||||||||||| |1 April 2023|-|-|-|-|-|-|-|-|||-| |Additions|-|-|-|-|-|-|-|-|||-| |Surplus on|-|-|-|-|-|-|-|-|||-| |revaluation|||||||||||| |Disposal|-|-|-|-|-|-|-|-|||-| |At 31 March|-|-|-|-|-|-|-|-|||-| |2024|||||||||||| |**Depreciation**|||||||||||| |At 1 April|-|-|-|-|-|-|-|-|||-| |2023|||||||||||| |**Charge for**|-|-|-|-|-|-|-|-||-|| |**the year**|||||||||||| |**On disposals**|-|-|-|-|-|-|-|-|||-| |At 31 March|-|-|-|-|-|-|-|-|-||| |2024|||||||||||| |**Net book**|-|-|-|-|-|-|-|-|||-| |**value**|||||||||||| |At 31 March|-|-|-|-|-|-|-|-|||-| |2024|||||||||||| |At 31 March|-|-|-|-|-|-|-|-|||-| |2023|||||||||||| 15 Bethel Restoration Church of Jesus Christ CIO Trustees Report and Accounts For the Period from 1 April 2023 to 31 March 2024 ## **N** otes to the financial statements continued **9. Creditors: amounts falling due within one year** ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |Trade Creditors|-|-| |Accruals & differed income|520|400| ||**520**|**400**| 16