Charity number: XT25970 Company number: N1603820 Bethesda Fellowship (A company limited by guarantee) Directors, report and unaudited fmaneial statements for the year ended 31 December 2021
Bethesda Fellowship (A eompany limited by guarantee) Contents Page Legal and administrative information Trustees, report Independent examiners, report St8t¢]n¢nt of fllJan¢ial activitie5 stsiement of Financial Po$ition Notes to the fJDancial statements 8-11
Bethesda Fellowship (A company ]imited by guarantee) Legal and administrative information Charity number XT25970 Company regSstr2tion number N1603820 Busilless address 7 Hillside Crescent Portadown Co. ArnMgh BT63 5JB Trnstees Tom Eakins Benjamin Richie Stanley Gowdy Richard Heasley Attountants S.D. BrowTr & Company Carnegie building 25-27 Edward Street Portadown Co Amiagh B T62 3NE Bankers Ulster Bank 22 Bridge Street Banbridge Co Dow Bt32 3JT Page J
Bethesda FelIowsbip (A company limited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 Deeember 2021 The trustees present their report and the financial statements for the year ended il December 2021. The tnLStees. who are also directors of Bethesda Fellowship for the purposes of ¢ompany law and who served duritig the year and up to the date of rhis report are set out on page l. Struc¢ure* governance xnd management The CopanY is constitued by it's Memordndum and Article5 of Association, and limited by Guarantee, having no Share Capital. Only persons 5ub5¢rib¢ to the objects expressed in the Memordndum of Asso¢iatiory of th¢ Company, and appointed by the company in a General Meeting can be admitted as Director5. Objectives and activlti The objectives and activities of the company are those of spreading the Gospel of the Lord Je5U5 Christ. Providing support to those with alcohol and drug addictions and their families. Achievements and perforniance Many individuals and their families who have been experiencing significant ditTiculties have received pastoral care at Bethesda Fellowship throughout the year. It is hoped that the incorne by way of donation5 from sndividutls, business and churches will continue at a rate that will allow the company to sustain and develop the ministy of Bethesda Finaneial review Th¢ results of th¢ company for the year are derailed on pages 5 to l l. Plans for future periods We pray for the continued support of all, who in the past have donated their money and time to this company. ststement of trustees, responsibilities The trust¢¢s {who ar¢ also dir¢Gtors of Bethesd& Fellowship foT the purpose of company law) aTe responsible for preparing the Trustees, Annual Report and the financial statements in aecordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the trustees lo prepare fanCIal statements for each financial year which give a true and fair view of the state of affatrs of the charitsble company and of the incoming resources and application of resources. including the io¢ome and ¢xpendttur¢, of the chariiable ¢ompatsy for tha¢ period. In preparing these fuwLcial ststements. th¢ trust¢es are required to.. select suitable accounting policies and then apply them con5iStently,' observe the methods and principles in the Charities SORP. make judgement5 and estimates that are reasonable and prudeni; state whether applicable UK Accounting Standards have been followed, 5ubjwt to ony material departures disclosed aDd explained in the fuClaI StateEnts,. and prepare the financial 5taten]ents on the going collcvn b&8is unless it is inappropriate to presume that the ¢haTitable company will continue in operation. Page 2
Bethesda Fellowship (A company IiLUited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 December 2021 The trustees are re5POn5ible for keeping proper accounting records whAch disclose with reasonable ac¢ura¢y at any time the financial position of the charitable company and which enable them to ensur¢ that the financial statements comply with the Companies Art 2006. They ar¢ 8150 responsible for safeguarding the assets of the charitable company and hen¢e for taking reasonable Steps for the prevention and detection of fraud and other irregularities. Small company provisions This report h&% been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. On behalf of th¢ board Torn Eakins DItOr 26th September 2022 Page 3
Bethesda Felloivship (A company limited by guarantee) Independent examiner's report to the trustees on the unaudited financial statements of Bethesda Fellowship. I report on the accounts of Bethesda Fellowship for the year ended 31 December 2021 sd out on pages 2 to I l. Respective respollslbilities of trustees and independent examiner As th¢ ¢liarity tnjstees (and algo the directors of the Company forthe pwp05es of company law) you are responsible for the pr¢paration of the accounts in accordance with the requirernents of the Companies Act 2006. Having satisfied Myself that the charity is not subject to audit under company law, and is eligible for independeni examination, it is my respons11)ilty to.. l ) examine the accounts under section 65 of th¢ Charities Act 2) follow the procedures laid in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act 3) state whether parti¢uiar matters have co]ne to my attention. Basis of independent exAminer's ststement I have exarnined your charity accounts as required under wlion 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by tbe Charity Commission for Northern treland under section 65(9)(b) of the Charities Act. The examitiation includ¢d a review of the accounting records kept by the charity and a comparison of the accounts presented with those r¢¢ords. It also included consideration of any unusual iten]s or disclosures in the accounts and seeking explanations from you as ctwity tsutees concerning any such matt¢T3. My role is to state whether any material matters have come to my attenuon giving me callse to believe.. a) that accounting records were not kept in accordance with section 386 of the Companies Act 2006 b) thal the accounts do not accord with th05¢ accounting records c) that the accounts do con]ply with the accounting requirements of section 396 of the Companies Act 2006 and with the method$ and principles of the Charities Statement of Recommended Practice applicable to charities preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland d} thatthere is further infom)ation needed for a proper understanding of the accounts to be reached Independent examiner's ststement I have completed my exalatiOn and have no concerns in respect of the matters (a) to (d) listed above and in ¢OTwe¢tioTh with following th¢ Directions of the Charity Collunission for Northern Ireland, i have found no matters that require dr&wing lo your attention. Independent examiJ)er S.D. Brown for and on bebalf of S.D. Brown & Company. Chartered Certified Accountants Carnegie Building 25-27 Edward Street Portadown Co. Arm#gb BT62 3NE 26th September 2022 Page 4
Bethesda Fellowship (A eompany limited by guarantee) Statement of finauciaE activities (illcoryorating the income and expellditsre account) For the yeAr ended 31 December 2021 Unrestricted Restricted funds fuDds 2021 Total 2020 Total Notes Incoming resources Incoming r¢50urce5 from generating funds.. Voluntary incolne 41,634 41,634 52.286 Total illcomlng resources 41,634 41,634 52.286 Resources expended Establi51unent costs Insurance Ac¢ountancy fees Repairs Ltght and heat Telephone Other offLce expenses Interest payable and similar charges Speaker5 General Expenses Gi 334 1,125 558 13,522 823 608 796 168 14,165 98 11.390 1.130 465 5,898 467 628 558 123 13,705 1.130 465 5.898 467 628 558 139 13.705 16 8,445 8,445 Total resources expended 31,419 16 31,435 43,587 Net ineoming/{outgoillg) resource5 for the year I Net ineomel(eApe)Jse) for the year 10.215 (16) 10,199 8.699 Totsl funds brougbt forward 101,311 9.778 111.089 102,390 Total funds earried forward 111,526 9,762 121.288 111,089 The $ement of financial activities in¢ludes all gains at)d losses in the year and therefore a separdte stateTn¢nt of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing adivities. The notes ott p8ges 8 to 11 form an irttegral part ofthese finallci21 statements. PAge S
Bethesda Fellowship (A company limited by guarantee) Statement of Financial Position as at 31 December 2021 2021 2020 Notss Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 56,075 52,835 5,540 60.138 8.833 49,421 65,678 58,254 Credilors: #mounts falling due within one year (465) Net current assets 65,213 58,254 Net assets 121,288 111,089 Fmllds Restricted income funds Unrestricted income funds 9,762 111.526 9,778 101,Jll Totsl funds 121,288 111,089 The Balance Sheet contittues on the following page. The notes on pages 8 to J I form an Integral part of these financial statements. Pa¥e O
Betbesda FellowshÉp (A company limited by guarantee) Balanee sheet (continued) Trustees statements required by the CoJllpaDies Act 2006 for the year ended 31 December 2021 In appIoving th¢se fitian¢ial statements as tnLStees of the company we hereby confirni that.. (a) for the year the company was enti¢led to exemption from audit under section 477 of the Companies Act 2006 relating to s11 ¢ompani¢s. (b) the members have Dot required the company to obtain an audtt of its accounts fior the year in question tn acrord8mce with section 476. (c} the directors acknowledge their responsibilities for Compying with the requir¢ments of the Art with respect to accounting records and the preporntion of a¢¢ounts. (d) thes¢ accounts have been PTepared in accordance with the provisions applicable to companies subject to the sn)all companies, regime. The financial stateTnents were roved by the board on 26th Septemb 2022 $ign¢d on its behalf by Tom Eakins Director Benjamin Richie Director The notes on p$g¢s 8 to 11 form art integral part of these fiDaneial statements. Page 7
Bethesda Fellowship (A eompany limited by guarantee) Y4ote8 to fillancial statements for the year ended 31 December 2021 Aecounting policfies The principal a¢counting poli¢ies are summarised below. The accounting polici¢5 hav¢ b¢en applied ¢oNsistently throughout the year and the preceding year. 1.1. Basis of aceounting The f]nancial stateTn¢nts have been prepared in accordance with Ac¢ouTrring and Reporting by Chgrities.. Stat¢ment of Reconunended Practice applieable to charities preparing their accounts in accordance with the Financial reporting Standard Applicable in the UK 2nd Republic of Ireland(FRS 102) (effective l January 2015)- (Chgrities SORP (FRS 102), the Financial Reporting Srandard applicable in the UK aod Republi¢ of Ireland IFRS 102) and the Companie5 Act 2006. Bethesda Fellowship meets the definition of a public benefit entity under FRS 102. Assets and liabilitieg are initEally recognised at historical cost or transaction value unless othenvise stated in the relevant accounting policy. 1.2. Cashflow The charity h&$ taken advantsge of the exemption in Financial Reporting Stanthd applicable in the UK and Republie of Ireland (FRS 102) (effective l January 2015)- (Charities SORP {FRS 102)), from the requirementlo produce a cash flow ststement on the grounds that it is a small charitsble chsrity. IJ. Fund accounting General funds are unresticted funds which are av2ilable for use ai the discretion of the trustees in furtberance of the general objectives of the charity and which have not been designated for other purpos¢S. Restricted fimdg are filnds whith are to be used in accordance with speclfic restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such fi]nds are charged against the specific ftmd. the aim and use of each resricted nd is set out in the notes to the f]nan¢ial staternents. 1.4. Illcoming resources All incoming resources are included in the statement of financial activitie$ when the eh8rity is entitled to the in¢ome and the amount ¢#n be quantifi¢d with reasonable aceuraey. The following specific policies are applied to particular categories of inoome.. Voluntsry income is received by way of wts, donations and gifts and is included in fvll in the staterneDt of finan¢ial a¢tivilies when r¢¢eivable. Oront$ where entitlement is not conditional on the delivery of a specifi perfom)an¢e by the charity. are recognised when the Charity be¢om¢s unconditionally entiiled to the grant Donated services and facilities are iticluded at the value to the charity wh¢r¢ this can be quantified. The value of setTrices provided by VolteerS has not been included. Gifts donated for resale are included as incoming resouw¢5 Within activities for generating fimds when they are sold. P8ge 8
Bethesda Fellowship (A company limited by guarantee) Notes to finaneial statements for the year ended 31 December 2021 1.5. Resources expended Expenditure is recogllised on an acwial basis a5 a liability is IncUed. Expenditure includes any VAT whicb CaT9t be llY recovere and is reported as part of the expenditsjre to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its benefici8rries. It includes both costs that can be allocated directly to su¢h activities and those costs of an indirect nature necessary to Support them. 1.6. TAngible red assets and depreciation Tangible fixed assets are stated at cost less aCcuUlated d¢pr¢ciation. Depreciation is provided at rates calculated to write off the cost less residual valu¢ of each asset over kts expected life, 0$ follows- Land and buildings No depre¢iation chged Voluntsry income Unrestrlcted funds 21121 Total 2020 Totsl Voluntary income 41,634 41.634 52.286 41,634 41,634 52.286 Employees mployment costs No SaIleS or Wdges have been paid to employees. including the trustees, durtng the year. Taxmlion The ¢haritys activities fall witbin th¢ exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Aeeordingly, there is no t&xation charge in these accounts. Pag¢ 9
Bethesda Fellowship (A company limited by guarantee) Notes to financial statements for the year ended 31 Decemb¢r 2021 Tangible fixed assets Freebold Building Total Cost At l January 2021 Additions 52,835 3,240 52,835 3,240 At 3 1 Decemb¢r 2021 56,075 56,075 Net book values At 31 December 2021 56,075 56,075 At 31 December 2020 52,835 52,835 Crediton." amounts falliDg due within one year 2021 2020 Accruals and defeThed income 465 Analysi5 of net assets between funds Unrestricted Restricted funds funds Total funds Fund balances at 31 Decernber 2021 u r¢pr¢sented by: Tangible fixed assets CtllTent assets Cu¢llt liabilities 56,075 55.916 (465) 56.075 65,678 {465) 9,762 111,526 9,762 121,288 Unrestricted funds At At I January Ineonthig Outgolng 31 Deeember 2021 rewurces resources 2021 Unrestricted Funds 101,311 41,634 (31,419) 111,526 PAge I
Bethesda Fellowship (A eompAlly limited by guarantee) Notes to financial statements for the year ended 31 December 2021 Restricted funds At At l J8nllary Outgolng 31 Deeember 2021 resources 2021 Building fid 9,778 (16) 9,762 io. Capital commitmeuts The ¢ompany had no capital commitments at the balance sheet date. ii. Related party transactiolls There were no related paty transactions in the ye. 12. Cojjlrolllng luterest Th¢ wntrolling paty of the company is considered to be the Board of Trustees. 13. Company Ilmlted by gllarAlltee Bethesda Fellowship is a company limited by guarantee and a¢cordingly does not have a share capitsl. Every member of the ¢ompaTry undertakes to contribute such amount as rnay be required not exceeding £1 to the &ssets of the ¢haritsble company in the event of its being wound up while he or she is a member. or within one year after he or she ceases to be a member. Pagell
Bethesda Fellowship (A company limited by guarantee) The following pages do not form part of the statutory 2teounts.
Bethesda Fellowship (A company IiDJited by guaraDtee) Detailed statement of financial activities For the ye2r ended 31 December 2021 2021 2020 Ineoming resour Incoming resources from generatlng fullds: Volunl(ry income Collections 41,634 52,286 41,634 52,286 Totsl iDcomlng resources from generating funds 41.634 52286 Total Incoming resources 41,634 52286 Page 13
Bethesda Fellowship (A conipany limited by guarantee) Detailed statement of financial activities For the year ended 31 December 2021 2021 2020 Charitable actlvfittes Acttyity I Ac¢iviiies ndertaken dc11Y Electric Repairs Speakers General ExpeDse5 Gifts 334 13.522 14.165 98 11.390 5.898 13,705 8,445 28,048 39,509 Activity I total expendlture 28,048 39,509 Total charitable aetivity expendlture Governance costs Acliviiies underiaken dtreetly Establis1JCllt- Ligbl & h¢ai Estsblishment- InsuraM¢e Profe55i(Trnal - Accountancy fees Office expenses- Telephon¢ Office expenses- Other Int¢rest- Bank loans & overdTaft 28,048 39.509 467 1,130 465 628 558 139 823 1,125 558 608 797 168 3,386 4,078 Total governan¢e ¢osts 3,386 4.078 Net illcomingl{outgoillg) resources for the year 10,200 8,699 Page 14