OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Charity numb•r: 1201273 ethol Unlted Church of J¢sus Christ (Ap05tollc) 2 Glbson Road Trustees, Report ond Flnondol Stotemenls FL* th¢ Period Ended 31 Morch 2024 ID INS UDIT

Belhel Unhd Church of Jesu$ Chr151 (ApD5tolW 2 GlbsoA Ao¢KJ Contents Poge Referen¢e ond admlnlstrutlve detulls of the Chttdtu. ￿ Trustees and odvtsrs Truste￿ r8POrt Ind•penderrt wlmlneffs report stotement of finunclol ocllvltie5 8alunc shoet Notesto the flnondul stutsm•nts 9-10

Bethel un￿ed Church of Jesus Chrlst (Apostoll¢ 2 Glbson Aoud Refergnc8 and Admlnlstratlve Details of the Charlty, tts T￿￿ts•s and A(Ivlsers For the Pèrlod Ended 31 March 2024 Trustee8 Elev D Edmund. Choir R O Murroy P 8Drtiey D Burke-LewlS E Myers (wlgned 9 Moy 20231 Charlty registered number 1201273 Prlndpol offK• 2 Gibson Rood Birmlngha B20 SUE Atcountonts Dolns Audit Llmlted 2 Chomberloin Square Paradise Circus Blrmlnghom B3 SAY Page 1

Bethel Untted Churth of Jesus Chrlst (Apostollc) 2 Glbson Rogd Trustses. R&port For the Perlod Endéd 31 March 2024 The Trustees present thelr annwl report togetFr with the finonciol stutsments ol the Choritu for the perfod 8 D¥ember 2022 to 51 March 2024. The CIO wos IneorpDmted on 8 December 2022 ond is preportng its fftrsr set of statutory flnondol stoternerrts to 31 Morch 2024. Obl8Ctivos ond uctlvltles OblÈctt¥es und Pl￿nIng The w5ng the InctsrprKotion of the CIO. the Trustees ore in the process of flna115iro the transfer of the octlY4ties. ¢ssets and Iiobillti of the BethEI Gibson Aood Churth frcfft ￿he1 Unlted Church of Jesus Chr1￿ Apostollc U.K.to the CIO. This tronsfer Is eKpected to occur cksrlng tExt ￿PortIng pertod ond as a result the CIO ts dormont for tts li￿ occountlng period. Flnanclol rovl o. Golnu concern After moklng oppropytste enqulrtes. the Trustees hove o rÈttsonoble expectotbn thot the Chorftu hos odeouate resowces to Conlin￿ In opertstionol e￿stenCe for the foreseeoble future. For thi5 reason. they contlrTrue to odopt the g(Jng concern b(tsls In preparkng the finonciol State￿rn￿ Further detoils regording the a¢optlon of the gohg concern basls can be Found In the acctsuntiro pdtle b. Reserves polioj The chor]ty's wlicy is to mtsinton ts suFficlefit Jevel OF reseryes tts meet short iÈrm obllgottons ond operotionol needs. the CIO wos domiant for for Its flrst accountlng per1￿, It currently hold5 no reserv Muterfol Investmtrtts Pa￿£¥ Constitutbn permlts the CIO to exercTse powers of Inveslment ond borrowlng which ore consistent wkh Its prfnclpal objects ond octivitles. At the ueor Ènd the choritu only held the investment in the tr￿11￿9 subsldlory The performonce of the Investmenls 1$ mO￿tored on o regLAor basis bu the Trustee Poge 2

Bethèl Unlted Church of Je5U5 Chdtst (Apostolldj 2 Gth￿￿n Road Truste¢s' Report Icontlnuedl For the Perfod Endgd 31 Mareh 2024 Strudurè. gr)vernonc¢ und mgnugement o. COr￿t￿ul10n Bethel United Church of Jesus Christ (Al￿St011c} 2 Gib5vn Rood 15 0 reglster8d chorlty, nuryiber 1201273. ond ts c¢>nstituted vndero Con9titullon (Ass￿70t￿On Structure) doted 8 December 202?. b. Methods of apprjlntment or Èl•cdon of TrusieES The mlwagement OS the Char￿U Is the responslbllttu of Ihe TrLJStes who ore elected tsnd ¢o-OPted vnder the terns of the Consir(utlon (Associotion Stwctvrej Polldes odopted forthe InductloTr und trob)Ing ot Trustees New TrLEtees ore provlded w￿h copies of the con￿t￿lorn. the most receni annuul reFOrt. iecent mlnLts5 oncl o copy of the ChorSty Commlsslon guklono'The Esntiol Trustee. os port of thelr fomlllorwfjon ond inductlort. d. A8lated F>Ortu rèlotlonships The ao L8 oFfilKJted with Bethel Unlled Churth ol Jesus Chr$t ApoSI￿le iJ.K. e. FIn0￿la1 rLsk monagement The Trustees hove 05sessed the rnojor rfsks to which th8 Chortty 15 exposed, In porticU￿rhOSe ￿l0ed to the optrrtlons ond flThJnces of the Chorfrty. ond ore sat15fied thot systems ond pro￿￿vre$ a￿ in ploce to mitigote e¥posure to the mojor risk M•mbers' lioblllty The Member5 of the Chority ouorom8e to contrlbutÈ an omount not exTredlng £nil fo the ossets of the ChorYLy lrt the event of wlndlng up. Poge 3

Betbel unltèd Chvrth of Jesus Chrfst (Apostollc) 2 Glbson Roud Trustee5' Report (contlnu?dl For the Perlod Ended 31 March 21124 Statem•nt of re5ponsIbl￿tE0S of the Trustees The Ttustees ore responsSble for preporlng the Trustees, report and the Flmnool •otements In o¢¢oréontr wlth appllcoble law ond Un¢ted Kingdom Account1￿ Stondords Iunlted Klngdom Generolly Accepted Accounllng Proaicey The ltsw oppl1c0b￿ to thorIt￿$ In Englond & requlres the Trustees to prepore finonclol State￿EntS for eoth flnonciol perlod whlch ghfe a true ond falr ￿eW of stote of offairs of the Charrtu ¢Jnd C>f Ms Incomlng resource5 (Jnd opplicorbn of re%yJrces. inclvdlng Its Income ond expendY(ure. for thot perbd. In preparing these flnonciol st(rtements. the Trustees ore reouired to. sdett surcoble accounUng polldes ontj then opply them conslstenlly- observe the methods prindples of the Charftles SQRP (FRS 1021. mtskejudgements and occounlng estimates thot ore reasonoble ond prudent,. stote whether opplicoble UK Accounllng siondards IFRS 102) hove been folltswed. S￿leCt to any Mote￿01 deportures disclosed ond eXpl￿n￿ in the flnonuol 8totements'. prepore the fI￿neral stotements on the goino concem bosis ¢Jnless it is 1n0ppr¢)pri￿e to presumè thot th2 Charity wilt cOntIn￿ In busin￿ The Trustees ore responslble f¢r keeplftg odeouote account1￿j rtcords that ore svffldefit to show ond exploln the Chorlty's tronsuctions ond disclose with reosonoble occuracy ut ony tlme the tinonool posillon of the Chorlty ond entsble theTN to ensure thot thE fimndol stotements comply with the Choritles Att 2011. the Churftu (Accounts and Reports) Aegultst5ons 200B ond the provlsions of the Constitution (ASS￿l￿tIOn Structu￿). They ore olso ￿SponsIble tor safeguording the a￿ets of the Chortty and hence for toklng reo5moble steps lor preventbn ond detectlon of frovd other irregularl￿eS. Approved bu tsrder of th¢ members of the board of Trustees on 8 June 2024 tsnd ￿gned on thelr beholf by". Rev D Edmund Chalrol Tfvstees P¢ge 4

38thl United Church of Jesus Chrlst (Apostollc) 2 fAbson Flood ndependent Examlnerts Reptsrt For thè Period Ended 31 March 2024 Indep8nd•nt Exomlnerfs Report to the Tnlstses of Bethel Unrt•<l Church of J•$￿ thrlst (Apo5tollcl 2 Glbson Flood Cthe ChurStu? I report to the charlty Trustees on my exomiiiotlon ol the accounts of the Chorily for the period ended 31 Morch 2024. ResponstblUtlè$ und Basls of Fl¢POrt As the Iru5tees of the Cl￿rIty you ore responsible for the p￿pOr0t1Qn of the accounts in occordonce wmh the requi￿rnents OS the Chor￿eS Att 2011 Cthe 2011 Act?. I report In respect of my examinotun of the Char￿Y'S occounts carrled out under section 145 of the 2011 Att ond corrying Out my exorninotlon I hove followed the oppllcoble DlreLtlon5 given by the U￿ritY Corffliisslon urxler secNon 145(51(b) of ihe 2011 Act Indep•ndent E¥gmlnees Stotement Your ottentl¢)n 5$ drawn to the fact thot the ChL)ritu hos prepored the tseeounts In tsCCOTKl¢nce wth Accowtlng and Rewrting by Chorfties.. St¢xement of Recommended ProcNc8 opplwble to chofit1￿ prepaffj￿ thèir occounts in ttttordance with the Flrionclol Reptsrtl￿ siondoTd oppllcoble In the UK und Aepubllc uf Ireland (FFIS 102) In preference to the Accounting ond Reporting by Chorftles.. Stotement of Recommended Proctice &sued on 1 April 2005 whlch is refer￿d to In the extant ￿O￿lo￿onS but hos been wlthdrawn. l uTrJerstond that thts hos bew donÈ in order For Ihe oecounts to provide o true ond folr ￿eW in otcordance wlth the Genemllu Ar￿pted Accounln¢J Proctlce effethe lor reportlng perfiods be0￿￿nEr￿ on or ofter l Jofwory 2015. I I￿ve Co￿￿[eted my exominotion i tortHrm thot no motters have tome to mu otteniion in conneL1ion with the exomlnotion givlng tne cause to believe thot In ony moteriol r￿pec￿ occountin9 records we(e t￿t keptln ￿SpeCt o the Chority 0$ reooireLI by sectlon 130 of the 2011 Ad". CY the occounts do not occord with those records.. or Ihe account5 do rnt complu with ihe oppllccble reovlrement5 toncernlng the form und content of occounts Set ovt kn the Choritles (ActCAJnts ond Heports) Re¥ultstitrns 2008 oth&r Ihon ony reouirement that tè* kxcouhls give 0'tr￿ ond foi¢ vSew which ts not a matter considered as port of on Indepeftdent exominotlon. I hove no concerns ond hove come ocross no other motters In connectitsn wlth the exomlnotion to whlch ottentlon shDuld be drown Én thL8 report In orderto enoble a proper Lsnderstoftdtng of the occounts to be ￿0£hed. Page 5

Bethel Unlted ChU￿h of Jèsus Chrsst (Ap¢)stolic) 2 Gttjson Aoad tndependent Examinevs Report (contlnve For the Poriott Ended 31 March 2024 This re￿rt Ls made soldy to the Charlty's Trusteei os o body. In aecordonce with Port 4 of the Chorftles {Accounts and Reports) RegulatlOn5 2¢J)8. My work hos k)een vndertoken $0 that I might #ote to the Chorlty's 7ruslEÈS those rnatters I om ￿qUIred to stote to Ihem in on independènt exomlnerfs ￿port ond for no other purFx)se. To the fullest extent perrnWted by lttw, I do ftot occept or assume r￿ponSIbl[￿ to onyone other than thp Chortty ond the Chorlty's Trusiees QS L) body. lor my work or forthls ￿POrt. grted. Doted.. 8 June 2024 Mork @rney FCCA DChA Doln6 Audft Llmited Blrminghom Pog¢ 6

Bethel Unlted Church of Jesus Chrlst (410stollc) 2 Glbson Road Statement of fthondol attlvk￿S For thÈ Perlod Ended 31 Morth 2024 Total funds 16 Motrth perkjd ended 51 Mor£h 2024 Not• Income from.. Dotwtions und legocles Total In¢ome E%pendlture on: ChorEttsble octivltles Total expendltwe Net movement In fvFKIs Hecon¢lllokn of fvnd Total fi￿d$ ¢{Y￿ed fO￿ord The Stotemeni of Flnonclol Aetlvities Indvdes all goin5 ond losses recognid in the perk notes on p￿￿$ 9 tg 10 fomi port of these finoncKJl stottsmenl& Poge 7

Bèthel Unlted Churth of Jesus Christ (Apostdlc) 2 fjlbson Rood Balan￿ Shefrt As at 31 March 2024 2024 Cyrrent QS5ets Cosh ot bonk and In hond Total net ossets Chartty tund$ Unrethcted fund5 Totol funds The flnanclol stoteryÉr)ts were opprov£d ond outhorlsed for Issue by thÈ Trustees ¢Jn 08 June 2Q24 ond signed on their beholl by". Rev D Edmund Chglr of Trustees The notes Oh ptsges 9 to )0 IOTM port of these lirtondol stctements. Page 8

Bethel Llnlted Churth of Jesus Chrlsi {Apostoll¢ 2 Glbscn Rood Not$ to the Flnanclol Stgtements Forthe Perlod Ended 31 Morth 2024 Generol Infom0￿90 Bethel United Church of JÈSUS Chtst (Aposiolic) 2 Gibson Rood is o choritobje incorpc>roied tsrgonisotEon (CIO) regknered wtth the Charlty Ctrnmi5510n In England and Woles. The oddress of the CIOS reglstered office Is gtven on the Chorfty InfomotK)ft page. The printtpol OLtlvlty of the thorlty Is thotof o dormant ¢hurllu. Accourtlng pollcle$ 2.1 BosL% of prepttrntlon of finandul stat•ments The finondol stotements hove been prepored In accordonce wfth the Chartbes SQRP (FRS 102)- Accountlng nd Reporting by CharlUe¥. stat￿8￿1 of Recommended Prottits opklEcoble to chortties preparing thelr occounts In occordonce w]th the Finoneiol Reportlno Stondard appr￿ble In the UK ond Republic of I￿10nd (FRS 102) (effettive l Jonuoru 20191. the Financiol Reporting Stondord opplicoble In the UK Republic of Ireland (FR5102) and the Choritks Act 20)1. Ilnandol stotements have been prepored to gwe a 'tnJe ond frtlv vlew and hove deported from the Chorstles (Accfyjnts and Fleports) RegulatIor￿ 2008 only to the extent ￿qUIr￿j to provlde o 'trut fo fjew. Thls departwe hos InvolYeLt follo￿1n9 the Chorifj8s SORP (FFIS 1021 publlshed in October 21x9 rolher thon the Accounlln9 ond Reporting by chart1￿& Stotement of Recommended Proctlce effective from 1 April 2005 whlch hos &nce been WithdrtswrL Bethel Unlted Church of Jesus Christ (Apostollc) 2 Glbson Roo(5 Eneets definltlon of a publlc benefit enuty under FRS 102 Assets ¢d Ilobuttles 0￿ Initlolly recogn15ed ot historlcal co or trun5actbn vtslue unless otherwi* stoted in the ￿[ev￿nt accounta￿ pojicy. 12 Fund accountlng GÈnerttl f￿ndS a￿ unrestricted funth wh￿h ore ovalloble for use at the discretion ol the TrusteP5 In furtheroncÈ of the genwcl obiettives of the (hor￿Y ond whlch knve not been deslon(rted lor other purpose& Tr￿•￿$, remuneratlon and expenses Ourlng the perlod. no Trustees rece￿ed ony rÈrnunerotion or other benefi DuAng the period ended 51 Morth 2024. no Trustee expertses hove been inoJtred£ Stut¢m•nt of funds The CIO wos dormtykt In thè current rwKxl ond there hos been Do movement in funds durfng the perloo. Poge 9

Bethel Unjied Churth of J¢sv5 Chr1# (Apostolk) 2 Glbson Aood Notes to the Fln¢sn¢lol 5totemÈnts For the P•rlod En¢ed 51 Morch 2024 Members, liubllity Eoch member of the charitable componu undertokes to contrlbute to the osset5 of the componu in the ev£nt of rt being wound up wlwle he/she Is o member. or ¥￿thin one yeor ofter he/she ceoses io be a rTh￿￿be[. such omovnt ¢JS moy be requlred. not exceedty)9 £NIL for the debts ond llo￿litieS controcte(J before he/the teases to be o member. Related porty tronsacllon5 There or& no reknted porty trortwclions In elther perlOtI. Page 10