Charity number: 100111 Company number: N1603820 Bethesda Fellowship (A company limited by guarantee) Directors, report and unaudited fmancial statements for the year ended 31 December 2023
Bethesda Fellowship (A company limited by guarantee) Contents Page Legal and administrative inforn]ation Trustees, report Independent examiners, report Statement of financial activities Statement of Financial Position Notes to the financial statements 8-11
Bethesda Fellowship (A company limited by guarantee) Legal and administrative information Charity number iooiii Company registration number N1603820 Business address 7 Hillside Crescent Portadown Co. Arniagh BT63 5JB Trustees Tom Eakins Thomas Morrison (Appointed 1910312024) Richard Heasley Accountants S.D. Brown & Company CaTnegie building 25-27 Edward Street Portadown Co Arniagh BT62 3NE Bankers Ulster Bank 22 Bridge Street Banbridge Co Down Bt32 3JT Page I
Bethesda Fellowship (A company limited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 December 2023 The trustees present their r¢port and the financial statements for the year eDded 31 December 2023. The ttustees, who are also directors of Bethesda Fellowship for the purposes of company law and who served during the year and up to the date of this report are set out on page l. Strnctiire% governance and management The company is constitued by ivs Memordndum and Articles of Association, and limited by Guardnfre, having no Share Capital. Only peTson5 who subscribe to the objects expressed in the Memorandum of Association of the Company, and appointsd by the company in a General Meeting cao be admitted as Directors. Objectives and activities The objectives and activities of the company are those of spreading the Gospel of the Lord Jesus ChrÈst. Providing support to those witb alcohol and dnig addictions and their families. Achievements and perforniance Many individuals and their families who have been experiencing significant difficulties have received pastoral care at Bethesda Fellowship throughout the year. It is hoped that the income by way of donations from individuals, business and churches will continue at a rate that will allow the company to sustain and develop the ministy of Bethesda Financial review The results of the company for the year are detailed on pages 5 to l l. Plans for future periods We prdy for the continued support of all, who in the past have donated their money and time to this company. Statement of trustees, responsibilities The trustees (who are also directors of Bethesda Fellowship for the pUoSe of company law) are responsible for preparing the Trustees, ADnual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the trustees to prepare financial statements for each financial year which give a trne and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the ttustees are Tequired to.. select suitable accounting policies and then apply them consisfrntly: observe the methods and principles in the Charities SORP" make judgements and estimates that are r&qsonable and prndent. state whether applicable UK Accounting Standards have been followe¢ subject to any material departures disclosed and explained in the fillaucial statements" and prepaTe the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. Page 2
Bethesda Fellowship (A company limited by guarantee) Report of the trustees (incorporating tbe directors, report) for the year ended 31 December 2023 The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the fuiancial position of the cbaritsble cornpany and whicb enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the provisions applicable to companies subject to the small ¢ompaDies' regime. On behalf of the board Tom Eakins Director Date:_12 September 2024 Page 3
Bethesda Fellowship (A company limited by guarantee) Indepelldent 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 2023 set out on pages 2 to I l. Respective responsibilities of trustees and iDdependent examiller As the charity tsvstees (and also the directors of the company for the PUTposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law. and is eligible for independent examination, it is my responsibilty to: l) examine the accounts under section 65 ofthe Charities Act 2) follow tbe procedures laid down in the general Dir¢¢tions given by the Charity Con)mission for Northern Ireland under section 65(9Xb) of the Charities Act 3) state whether particular matters have come to my attentiotL BasAS of iDdependent examiner's statement I have examined your Charity accounts as required under sectton 65 of the Charities Act and my examination was CaTred out in accordance with the general Directions given by the Charity Conllnission for Northern Ireland under section 65(9}(b) of the Charities ACL The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual iterns or disclosures in the accounts and seeking explanations from you &s charity trustees concerning any such matters. My role is to stste whether any materiaI matters have come to my attention giving me cause to believe: a) that accounting records were not kept in accordance with section 386 of the Companies Act 2006 b) that the accounts do not accord with those accounting recor(Ls c) that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice appIicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK aDd Republic of Ireland d) that there is fiffther inforniation needed for a proper understanding of the accounts to be reached Independent examiner's statement have completed my examination and have no concerns in respect of the matters (a) to (d) listed above and in connection with following the Directions of the Charity Con)n)ission for Northern Irelan(L i have found no matters that require drawing to your attention. Independent examiner S.D. Brown for and on behalf of S.D. Brown & Compally. Chartered Certified Accountants Carnegie Building 25-27 Edward Street Port2down Co. Armagh BT62 3NE Date:_12 September 2024 Page 4
Bethesda Fellowship (A company limited by guarantee) Statement of fancIal activities (incoryorating the income and expenditure aceount) For the year ended 31 December 2023 Unrestricted Restricted fid3 fund5 2023 TotAI 2022 TotAI Notes Incoming resources Voluntary income 51,890 51,890 89,002 Total incoming resources 51,890 51,890 89,002 Resources expended Insurance Accountancy fees Repairs Light and heat Telephone Other office expenses Interest payable and similar charges Speakers General Expenses Gifts 1269 1,140 588 1,113 769 521 193 17,073 896 6,613 1,269 1,140 588 1,113 769 521 209 17,073 896 6,613 1,223 1,336 290 1,659 679 1,182 155 17,968 328 11,581 16 Totsl resources expended 30.175 16 30,191 36,401 Net incomingl(outyoing) resources for tbe year I Net incomel(expense) for the year 21,715 (16) 21,699 52,601 Total ftmds brougbt forward 164,144 9,746 173,890 121,289 Totsl funds carried forward 185.859 9,730 195,589 173,890 The ststement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not beetk prepare All of the above amounts relate to continuing activities. The notes on pages 8 to 11 forni an integral part of tbese financial statements. Page 5
Bethesda Fellowship (A company limited by guarantee) Statement of Financial Position as at 31 December 2023 2023 2022 Notes Fixed Assets Tangible assets Current assets Debtors Cash at bank and in hand 56,075 56,075 14,607 126.660 10,018 108,410 141,267 118,428 Creditors: amounts falling due within one year (1,753) (613) Net current assets 139,514 117,815 Net assets 195.589 173,890 Funds Restricted income fimds Unrestricted income funds 9.730 185,859 9,746 164,144 Total funds 195,589 173,890 The Balance Sheet continues on the following page. The notes on pages 8 to 11 fonn an integral part of these fanCial statements. Page 6
Bethesda Fellowship (A company limited by guarantee) Balajjce sheet (continued) Trustees statements required by the Companies Act 2006 for the year ended 31 December 2023 In approving these financial statements as trustees of the company we hereby confirni that: (a) for the year the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. (b) the members have not required the company to obtain an audit of its accounts fior the year in question in accordance with section 476. (c) the directors acknowledge their responsibiIities for compying with the requirements of the Act with respect to accounting records and the preparation of accounts. (d) these accounts have been prepared in accordance with the provisions applicable to companies subject to the small compani¢s' regime. The financial statements were approved by the board on 12 September 2024 and Sied on its behalf by Tom Eakins Director The notes on pages 8 to 11 forni an integral part of these finantial statements. Page 7
Bethesda Fellowship (A eompany limited by guarantee) Notes to financial statements for the year ended 31 December 2023 Accounting policies The principal accounting polici&8 are suD)nsed below. The accounting policies have been applied consistently throughout the year and the preceding year. 1.1. Basis of accounting The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial reporting Stsndard Applicable in the UK and Republic of Ireland(FRS 102) (effective l January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Bethesda Fellowship meets the definition ora public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 1.2. Cashflow The charity has taken advantage of the exemption in Financial Reporting Standard applicabIe in th¢ UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)), from the requirement to produce a cash flow statement on the grounds that it is a small charitable charity. Fund aeeounting General funds are UDresticted fimds which are available for use at the discretion of the trustees in ftwtherance of the general objectives of the charity and which have not been designated for other Purposes. Restricted funds are funds whÉch are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular pury)oses. The costs of rnising and administering such funds are charged against the specific fimd. the aim and use of each resricted fund is set out in the notes to the financial statements. 1.4. Incomillg resources All incoming resources are included in the staternent of flnancial activities ivhen the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of grants, donations and gilts and is included in full in the statement of fall¢la1 activities ivhen Teceivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charÉty, are rol$ed when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating fiJn¢ls when they are sold. Page 8
Bethesda Fellowship (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2023 1.5. Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expendith includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its b¢neficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 1.6. Tangible red assets and depreciation Tangible f¢d assets are stated at cost less accumulated depreciation. Depreciation 15 provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, a5 follows: Land and buildings No depreciation charged Voluntary income Unrestricted funds 2023 Total 2022 Total Voluntary income 51.890 51,890 89,002 51,890 51,890 89,002 Employees Employment costs No salaries or wages have been paid to employees, including the trustees, during the year. Taxatio The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts. Page 9
Bethesda Fellowship (A company limited by guarantee) Notes to fmancial statements for the year ended 31 December 2023 Tangible red assets Freehold Building Total Cost At l January 2023 and At 31 December 2023 56.075 56,075 Net book values At 31 December 2023 56,075 56,075 At 31 December 2022 56,075 56,075 Creditors: amounts falling due within One year 2023 2022 Accruals and deferred income 1,753 613 Analysis of net assets between funds Unrestricted Restricted fund5 runds Total funds Fund balances at 31 December 2023 as represented by: Tangible fixed &ssets Cuent assets Current liabilities 56,075 131,537 (1,753) 56,075 141267 (1,753) 9,730 185.859 9,730 195,589 Unrestricted funds At At l January Incomillg Outgoing 31 December 2023 resources resources 2023 UJ)restricted Funds 164,144 51,890 (30,175) 185,859 Page 10
Bethesda Fellowship (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2023 Restricted funds At At l January Outgoing 31 December 2023 resourees 2023 Building fund 9,746 (16) 9,730 10. Capital commitments The company had no capital commitments at the balanrK sheet date. 11. Related party transaetions There were no related paty transactions durlng the year. 12. Controlling interest The controlling paty of the company is considered to be the Board of Tne¢s. 13. Company limited by guarantee Bethesda Fellowship is a company limited by guardntee and accordingly does not have a share capitsl. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while be or she is a member, or within one year after he or she ceases to be a member. Page 11
Bethesda Fellowship (A company limited by guarantee) The folIowiDg pages do not form part of the statutory accounts.
Bethesda Fellowship (A company limited by guarantee) Detailed statement of financial activities For the year ended 31 December 2023 2023 2022 Incoming resources Incoming resources froni generating funds: Voluntary income Collections 51,890 89,002 51,890 89,002 Total incomxng resources from generating funds 51,890 89,002 Total incoming resources 51,890 89,002 Page 13
Bethesda Fellowship (A company ]imited by guarantee) Detailed statement of financial activities For the year ended 31 December 2023 2023 2022 Charitable activities Activity I Activities undertaken directty Repairs Speakers General Expenses Gifts 588 17,073 896 6,613 290 17,968 328 11,581 25.170 30,167 Activity I total expenditure Total charitable aetivtty expenditure 25,170 30,167 25,170 30,167 Governance costs AcInYiti undertaken direcily Establisl]ment - Light & heat Estsblishment- Insurance Professional - Accountancy fees Office expenses - Telephone Office expenses - Other Interest - Bank loans & overdraft 1,113 1269 1,140 769 521 209 1,659 1,223 1,336 679 1,181 155 5,021 6,233 Total governance costs 5,021 6,233 Net incomingl(olltgoing) resources for the year 21,699 52,602 Page 14