Reglsterad charfty number., 1200U65
BETHLEHEM DEVELOPMENT TRUST
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023
Chanter, Browne & Curry
Chartered Accountants
1 Plato Place
72-74 St Dionis Road
London SW6 4TU.

BETHLEHEM DEVELOPMENT TRUST
CONTENTS
Pago
Trust88s' report
Independanl examinerfs r8POrt
Stalement of financial activities
Balance sheet
Notes to the financial statem8nts
9- 11

BETHLEHEM DEVELOPMENT TRUST
TRUSTEES, REPORT
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 2(Y23
trustees present their annu￿ report wlth ing finan0"￿ statemerrts ol th8 charty for the peric4115 August
2022 (dale of r&glslration as a charity) to 31 March 2023. The financial stalemerrts have b8en prepared in
accordance wf(h the accountlng pollclos set c￿t in note 1 to the accounts and comply with the chariws trusl
d￿. Iho Charities Act 2011 and Accountlng aFx1 Reporting by Charities: Statement of Recommended
Practice aWicabl8 to chariti8s preparing their accounts in accordance wlh the Finan¢id Reporting
Standard applicable in the UK and RepUb￿C of Ireland IFRS 102115eGond edits'on - October 20191- (Charity
SORP (FRS 1021 Revlsedl.
Obl8ctlvos and actlvltles lor tho publlc bonellt
Our alms and oblectlves
The aims and ¢2bjeGts of th8 charity are as follows'.-
11 To advance the Chrtstian lalth wodthryd¢ for the benefit of tho pUbr￿ through FKoducing and d8lfverlng
Christian messages at churches, sominars, public celebration ol rellglous fesltvals and any other Chrlstian
galhering and opportunities for nelwotklr¥J (fellowship. discussion and workiwj together) among 88t￿lshed
as well as emerging Churchps and church leadgrs.
21 To advartt the edu¢atlon of the puFils at Bethlehem BiL48 College In Bethlehem, by asststiTh3 in tF
proTrAslon of facilities for education at the College provid&J eithèr in person or online through provish)n of
fund$ aNI grants lo the Collegè for such wrposes.
3) For the public benefit to promote the education li￿lUdIng language atKI leadership trainiTh31 of p￿pIe
wothKle in such wayB as charty trusteos think lit. including by awardlng lo such person's
s¢holarshlps, malnlenance allowances or grants lenatl8 at Bethl8hem Bible Colleoe.
41 The preventlon or reliel of PDvety in Israel and th8 Occupied PalestiThan Territories by provKllng
humanitarian grarrts to Beth￿eM Bible College who wll then distrfbLrte funts io those suffering from
financial har(Iship towards the following:
a) Gener￿lY pawng for items and Serv￿ such as fo(xJ. mediclno. utilty bills or rned￿￿ trealrnent: and
bl For, paymènt of tuition fees, costs ol examinationg or other expenses c￿neCted wlth v¢xailonal training
of S￿dents who face flnanclal thfficuhles and ￿he￿wISe wll not bo able to complete their edu￿t￿n at
BethlBh8m Bit4e College.
The obj*tNe5 of the chartty are set to reffi￿1 ns communty *m5. Each year th8 tr[￿08$ review the
chartys Obl￿[Ve9 and activities to gnsure they conilnue lo refiect the ￿m5 of the charity. In ¢atyng OLrt
this revTr￿ thg trustees have con5Klered the Charity Commlssion's generd guldanco on public benefit and
ts 5uwlem8ntary wblic guidance on the athancement of rdlglon for tho public t¢nèftt.
Pag8 1

BETHLEHEM DEVELOPMENT TRUST
TRUSTEES. REPORT (COtrnNUED)
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 20fJ
Achlevements and performance
Adivlues uTr*rtak9n thring the period have induded the lollowiro..
1) To advance the Christlan faSth wodolvide.
a) Vislts to church. colleges. and the community throughout UK to share and d$¢u$s about our work.
b) Regular prayer meelings al our office.
cl UK SUFV)rteTS can receive newsletters from Bethlehem Bble College and the Shepherd Soaety.
21 To advanc8 the edUCa￿On of the wpils at Bethlehem Bible College.
al Funds are Msed in the UK for the supp)rt ol the running of the Bethlehem Bib18 College and for the
students attendlng.
bl A UK donor provides funds. to support a Masterf8 Student at the collfjge.
31 To promote education ol people worldwlde. inclLpJing maintenance allowanc85 or grants al Beihlehem Bible
College.
a} Operational costs provlded lo the college facllltate the education￿ a¢tlvltt8s of Iho collegg.
bl ol the aCtiv￿e5 of the colleoe 15 online courses such a8 language (Engllsh and Arabic) whith tenefil
peoplg in vartOU5 parts of the world.
41 The prevenJon or rellef of povety in Israel and the Occupiad Palestrnian Terrflorfes.
al The soryal outreach arm of the Bethlehem Bil￿8 CDllege is the Sheph8rd Society who Ihen dlsmbuto the
funds to those 8ullering from linanctal hardship.
b) We raise funds for the Shepherd Society. The funds are used for food par￿ls, uUIIty bllls, medical costs lie
mediane5 and surgery costs) and help vlth tuluon fees ar)d other expenses conne¢t¢d with vocaoonal
training of students who are facing financial difficulties whilst attendlng the Bethlehem Bibl8 College.
Pag8 2

BETHLEHEM DEVELOPMENT TRUST
TRUSTEES. REPORT (coKfiNUED)
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 2023
Flnanclal revlew
The attached finamal statements summarlse the charity's transaGtlons for the period end8d 31 Marth 2023.
Totat incxsme for year is £87.052 (which included a transfer of funds from another ¢harfty, Hopo Christian Trust).
Total expendilure Is £5.234. The net profil Is £81.818. Totals lur*Js at the year-end was £81,818. made up ol
unr981rf¢ted funds of £6.450 and restricted funds of £75,868.
Prlnclpal fundlng sources
The charitys prfndpal sources of funding are from gifts and donations.
Reserves pollcy
It ss Ihe pollcy of the to malnknn unrosiricted funds al a ievei wlilc* ￿Uate$ to approximdtety Iwelve
morrths unreslricled expendffture. Tlis provid98 sufficaent fuNJs to ￿ver marKgemerrt. administration, and
support costs.
Rlsk managemenl
The trustees actively miew th8 major risks whith the charlty faces on a regular basls and believe that
MaInt￿ning unrestricted reserves al currgnl levels, comblned y￿th an annual revlew of the conlrols over key
tinanclal system4 will provide sufficlent resources in the event of adverse conditions. The truste88 have alsD
examined olher operallonal and business rfsks faced by the ¢harlty arKI conllm that they have establlshed
systems to mitigate the signrfl￿N rfsks.
Slructurei governance and management
Governlng document
B&thlehem Developm8nt Trust is an unincorporated pukllc bonelit enttty and was established In England undgr a
trust deed daled 28 May 2021, as amerKl8d by a resolution dated 1 August 2022.11 beeAme a regislered ch￿lty
on 15 August 2022.
Recrultrnent and appolntment of Iruste89
The trust deed of the charity requires that there must be at least 3 trustees. Apart from the lir5t trustees every
trustee must be aFwirrted for a term of 3 yèars by a resolulion of the trustees passed al a speclal mething {h81d
ore or after an ordinary meeltng). The b)ard of trustees is authorised lo apwinl new trustees to fill vacandes
arlsing through resignalon or dealh of an existing trustee. Twslees have the right to co-opt members to 38rve as
trust88S tetween special meetings.
Trustee Inductlon
The trustees recèive d￿Uments relalng lo the wles arKI obllgations of trustoes as set out by the Charity
Commlsslon and are supported appropriately.
organl8atlo￿I Structure
There is a thairperson and other tW8tee8. These offiL*rs and the othgr trustees w8r8 apFx)inted on 15 August
2022 and sorvo for 3 years at a time.
Page 3

BETHLEHEM DEVELOPMENT TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 2023
R8feren¢e and admlnlslrative Infonnallon
Chwr p8rson
Tanas Alqassis
Truslees
Tanas Alqassis
Jacob Sara
Andrew Paget
Mojisola OIu-Oyeyemi
Johrb Angle I￿sIgned Jun8 20231
Anno Plested
Registered charity number
1200065
Registered officg
Post Otrice HoL￿e
Hambr*e
London
Lanoport
Somerset TA10 OAU
Independent Examinér
Chanter. Browne & Curry
Chartered Acwuntants
1 Plalo Place
72-74 St Dionis Road
London SW8 4TU.
Accountants
Elizabgth Sanders Ltmited
25 Gordon Road
Windsor
Berkshire SL4 3RG.
Bankers
Uoyds Bank PLC
24-26 Hlgh Street
Wells
Somerset BA5 2SJ.
Pag8 4

BETHLEHEM DEVELOPMENT TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 2023
Trustees. ￿SpOnsIbIlItIeS In relatlon to the Ilnanclal slatemenl8
The charity trustees are responsible for pr8paring a trustees, annual report and financial statements in
accordance with applicab19 law and Unitsd Kingdom Acc4)untSng Standards {United Kingdom Generally AccqAad
AC￿UntIng Practice).
The law applioable to Char￿e$ In England and Wales requlres the charity trustees to prepare finandal statements
for each year which give a trne and f￿r view of Ihe stale of affairs of the charity ar￿ of ihe incoming rosourrA8S
and application of resources, of the charity for that Feriod. In preparing the financial statements. the trustees are
required lo..
select suitable a(xountirMJ Dolicles and Ihon apply them ConsSsten￿y.'
ob59rve th8 methods and principles in the applicablg Charities SORP.,
make jLKfvJements and esumates that are reasonable and prLthnl,'
Slate whether applicablg accounting standards have been lollowed, subject to any malerial dePa￿reS
rfisclosed and &xplained In the financlat statem8nts',
prepare the financlal statem8nts on th8 going concern basi8 unless it 15 inawopriate to presume that the
Charity will Con￿nUe in busine5S.
The trustees are responslbl8 for keeF4ng proper accounlno records that dsdose reasonable accuracy at
any tlm8 the finanad posiion of Ihe charity and to Or￿ble them lo ensure that the linanGial slatements comply
wtth the char￿aS Act 201 I, the applicable Charities (Accounts and Reports) Regulations. and the provislons ol
the Trust deed. They are also ￿sponSible for safeguarding assets of Iho charity and tthng reasonthle steps
for the prevention and detection of traud and other irregulariles.
The truslees arg rgsp)nsible lorlhe maintenance and integrfty of the charity and flnancial information indud&l on
the chariws webslte. LegISla￿On in thg United lfjngdom govemlng the preparalion and dlssemination of Ilnancial
statements may dlllèr from19glslation in olherjurisdiction5.
Thls rewrt was approved by the trustses on 16 May 2024 and is signed on their behalf.
Tanas Alqassis
Chair Person
Page 5

BETHLEHEM DEVELOPMENT TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report to thg trustees on my examination of the finanrAal slalgmerts of the above charity for the Ferfod 15
August 2022 to 31 March 2023. w￿ch comprise Ihe Statement of finanoiai acYviti8s, the balance sheel and the
related notes on pages 9 10 11.
Rosponslbllltles and basls of roport
AS the ¢harfty's trustee5, you are responsible lor the preparation of the linanclal statements in a￿OrdanCe with
the requirements of the Charities Act 2011 {The Acfl.
I rep)rt in respect of my examination ot the trust's firsan¢Fal statements carried out under section 145 of the Act
and in catyng out my examinatlon, I have followed all the applicable diredions given by the Charity Commlssion
undor section 145151{b) of the Acl.
Independent axamlnor's statsmeni
I have completed my examination. l o)nlimi that no materfal matters havg come to my attention in Gonnection
wlth Ihe examinatron which gtve me reasonable cal￿& to believe that in. any material resp8¢t:
. the a¢c¥)unllThJ r￿ordS were r￿t kept In accordance with secllon 130 of the Ad. or
. the financial statements did nol accord vlth the actounting rewrds. or
. Ihe flnandd slatsmenls dld not conwy wilh the appllcable requirements conceming the form and corrtent of
financlal statements 591 out In the Charibes IAccounts and R9POrts) Rg3ulations 2008 olher than any
requirement that the Ilnandal slatemgnts glve a Irue and falrf vlew whlch Is rKit a matter consldered as part of an
independ9nt examina￿On.
I have no concem5 arKI have come across no other mattws in connection the examination to whlch attenlton
shoukd be drawn In this rep)rt in OTd8r to enat18 a propgr und8rstarKthng of the finandd slalements to be
reached.
P.G. Browne FCA CTA
Chonler, Browno & Curry
Chart9red Accountants
1 Plalo Place
72-74 St Dionls Road
LorKJon SW6 4TU.
Date.. 16 May 2024.
Page 6

BETHLEHEM DEVELOPMENT TRUST
STATEMEKf OF FINANCIAL AcTIV￿lEs
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 2023
SUMMARY INCOME AND EXPENDrruRE ACCOUNT
Noles Unrestrlcled
Re￿rICted
funds
TrAo1
INCOME
Gifts and donations
11,684
75.368
87,052
Total Incom8
11.684
75.368
87,052
EXPENDftURE
Charftable aL*vilies
5.234
5.234
Total oxpendltura
5,234
5,234
Net Incom•l(expendli(re)
6.450
75,368
81,818
Totsl caffled lorward
6.450
The statement ol linanciaf activities indude5 all g￿n8 and losses in the perlod. All In￿mIng resources and
resources expendgd d8riv8 Irom continuing activiles.
The noles on pages 9 to 11 form an inlegral part of these finar￿[al statements.
Page 7

BETHLEHEM DEVELOPMENT TRUST
BALANCE SHEEr
AT 31 MARCH 2023
Note8
Totsl lunds
Current aS8ets
Debtors
Cash at bank
83,296
Credltors: an￿nts falling the within one year
1,478
Nét assets
81,818
Funds ol the charlty
Restriclgd income lund5
Unr8thcted income fvnds
75.368
6,450
v8d by the trustses and signed on their behall.'_
Tana
Aqassis
Chair Person
Datg: 16 May 2024.
The notes on pages 9 to 11 form an integral part of these financiaf statsments.
Page 8

BETHLEHEM DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH %123
Accwntlng Wlde¥
1.1 Ba815 of accountFng
Th8 charity is unlnCorWra￿ PL*)1￿ bengfft enfjty 9stab￿shed In Englarxl u￿r a trjst deed dat&J 28 May 2021,
a8 am8nd8d by a resolutlon datgd 1 A￿ust 2022.
Thè lInaw￿ stat8rnonts have b08n prepared in aCwrd0n￿ wlth A(wunting atKI Rep)rdno by CharfU88'. Statemènt
ol Re¢ommend8d Practice appllcabl8 to charfdes pr8parlng thalr accounts in accordance vllh th9 ￿nana
Reporting Standard applScable In the UK aFKI Republ￿ of IreLand IFRS 1021 Isacond edliM)n - Octobei 20191-
(Charlty SORP IFRS 1021 Revi88￿. The Fniancld Re￿I￿n9 Standard applica￿e in the UK and Republic ol Irgland
IFRS 1021 and tha Chathes Act 2011.
The fi'na￿￿aF st*eThents havg bgw. pr8pared under the hlstorfcal cost conven￿On Iterns recognls8d al -08t or
tran5&Ction valu8 unl888 L*)oMse stat&J.
1.2 Golng concgm
Thè tru8teès considgr that there are no Materf￿ ur￿ert￿n0vs about the tharity5 abilty lo conllnue as a golng
on¢¢rn.
1.3 In¢om•
Income Is In the Slatsmenl ol FIn￿￿la1 Acttvib•s wh8n:.
- the charity b￿0￿08 8ntiUed to the resources,.
- the trustees are certain Iheywlll r8ceN8 tho rasouri*s,'
. thg monewyvdue can bè m￿$￿Ted vAth 8uffldent relialylity.
Gtrts and donations ar8 recorded a8 In¢ornè in the a￿UnlIng pgrtr)J In wh¢h ihey are rece￿ed. except vthore th8
Ik*trXW speclfies thatttrw Bhould b9 Usgd for a spgdfic pwkA.
1.4 Expendllur?
ndthre Is Indudad in Iho Staternert ol Hnanual Activitiès on an awuals bas1$. Ind￿￿9 of any VAT whlth
carrnt b8 recovered.
Inu>mg from glftl and donatkJn#
UnreBtrfcted
R•8trSct8d
furbd
Tol81
Gifts and O)nalon8 r￿OI¥8d
Gtft weW)le
11.678
75.368
87,046
11,684
87,052
Page 9

BETHLEHEM DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 2023
Expondlture on charfl•ble actlvltles
Unreslrlcted
fundg
Re8tri¢t8d
fund$
Total
Acll¥llla8 undwt•ken dlrectty And #upport
PrindrYJ and stationery
Postagg and courl&r8
Consutting costs
Rent
Travel
129
91
550
91
550
600
299
299
1,669
¢3oveman¢e ¢06t8
ountary febs
Inde￿ndent examlnefs 180
Legal expen$os
Board expen868
398
1.080
1.997
1,997
No staff wgrg omph)ygd by the charty durfng Ihè pèriod endBd 31 March 2023.
Nona of the tru8ts98 Inor any person8 conn¢¢ted wlth thgm) ￿￿1ved any remuneratb)n thrfng thb endGd 31
Marth 2023.
None of the Iw8tee8 Inor any pgtsons GOnn￿ted ¥Ath ttwm} reSmtX4r8ed lor ex￿n8&S duriThJ the perh)d gnded
31 March 2023.
Debto
UnreJlrf¢t•d R••lrlcted
fundg
funds
Total
Gift recefvable
Cr6(Ator8: amounts lalltng wthln one year
Unr￿trIcted
lunds
R•strlctod
funds
Page 10

BETHLEHEM DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMETrrfs (CONTINUED)
FOR THE PERIOD 15 AUGUST 2022 TO 31 MARCH 2023
Stsfom•nl ol Income funds
Unrestrfotgd Re8trlcl8d
funds
lund¥
Inwrnlrq resourc
11,884
Resourcès 04)ended
15.2341
Ai 31 March 2073
6,450
R8iirlct8d fund¥
R8slrl¢t&l funds o)mpisè the lollo￿n9.
11 Fund to SUFVOrt th8 runniryd of the Bethlehem BILl8 Collo98 for the sttJd8nts attending.
21 Fund for thè Shepherds Soclety which is the sodai outreach arm of th8 Béth19hgm ￿ble Cdlege. Thg fund Is
uwl tor pArcal3. uJlity btlls, mtdicd tsJsts11.g. medIcIn￿ eJKJ surgery cosl81 h81p with tultion 18as 8nd
other expenses COnn￿d wlth vocational trainirw of studBnts who are laang ffinan￿￿ dMficU￿e8 whllst attènding
the Beth￿M &bl8 Col*e.
31 FuThl lo sUp￿rt a m88tefs student at fv Bgtrlehom &bl& Golkge.
Page 11