Scottish Charity Number: SC049603
Bethesda Christian Fellowship Annual Report and Financial Statements for the year ended 31 March 2025
Bethesda Christian Fellowshi p
Contents
| Page | |
|---|---|
| Report of the Trustees | 1 – 3 |
| Report of the Independent Examiner | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statement | 7 – 12 |
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Bethesda Christian Fellowshi p
Report of the Trustees for the year ended 31 March 2025
The trustees present their annual report and financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and 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 UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and UK Generally Accepted Accounting Practice.
Objectives and Activities
Our objective is to advance the mission of the Christian Church, through worship, service and fellowship. These objectives are carried out through mission and pastoral activities. The principal activities of the Church are public worship and the spiritual development of its members.
The Church continues regular worship, prayer, evangelistic and Bible teaching services for the benefit of the membership and these are also accessed by the wider community. In addition, Mother and Toddler Groups and Youth Groups are held each week. Support for overseas missionary work and charities for the relief of poverty continues.
Grant Making Policy
The policy of giving donations to individuals and charitable organisations that are generally known to the Trustees and the Church has been continued. The beneficiaries are involved in activities or ministries compatible with the church’s objectives.
Review of our Achievement and Performance
An active programme was maintained throughout the year. Membership numbers have been broadly consistent. Attendance at some of the services has increased and the community engagement / outreach projects continue to be popular and effective. A “Christianity Explored” course was effective in introducing a number of people to the gospel and this was followed up by a well-supported “Discipleship Explored” study. The existing pastoral support team was strengthened by an additional part-time member.
Financial Review
The financial statements for the year are set out on pages 5 to 12. The Statement of Financial Activities on page 5 reflects net incoming resources of £24,198 (2024: £13,930).
Risk Management
The Trustees have assessed the major risks to which the charity is exposed on an ongoing basis and have established procedures to mitigate those that are identified as a result of these reviews.
Page 1
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Bethesda Christian Fellowshi p
Report of the Trustees for the year ended 31 March 2025
Reserves Policy
It is the policy of the church to maintain unrestricted funds, ie funds not committed or invested in Fixed Assets, at a level which equates to approximately 3 months unrestricted expenditure. This allows sufficient funds to enable the ongoing work of the church to be maintained. The General Fund on page 5 at 31 March 2025 amounted to £52,608 (2024: £51,993). Reserves held at 31 March 2025 are above the recommended level.
Total reserves, including the net book value of Fixed Assets and balances on restricted funds amounted to £625,285 (2024: £601,087).
Structure, Governance and Management
The Church is a Scottish Charitable Organisation (a SCIO). It was registered in its current legal form on12 September 2019. The Church was previously an unincorporated association but changed its legal form to a SCIO. The assets of the unincorporated association were transferred to the SCIO on the 31 March 2020.
All Bethesda Christian Fellowship members are also the members of the charity. Elders are chiefly responsible for leading the church in spiritual and pastoral matters. The role of a trustee is to be responsible for the good running of the church, in line with SCIO based requirements. A decision regarding appointment of persons to the respective roles to recommend any new elder or trustee will be made by the existing elder and trustee bodies for consultation with membership. The elders are also trustees. The elders and trustees do not have a pre-determined duration of office.
Charity Number: SC049603 Independent Examiner: Innes & Partners Limited Chartered Certified Accountants 9 Ardross Street Inverness IV3 5NN Bankers: Royal Bank of Scotland 2 Colquhoun Square Helensburgh G84 8SJ
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Bethesda Christian Fellowshi p
Report of the Trustees for the year ended 31 March 2025
Reference and Administrative Information (continued) Solicitors: Jackson Boyd 1st Floor Centenary House 69 Wellington Street Glasgow G2 6HG
Trustees’ Responsibilities in relation to the Financial Statements
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each 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 the financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the applicable Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) Regulations 2006 (as amended), and the provisions of the Trust deed. They are also
responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees on 2 October 2025 and signed on their behalf by:
Chairperson
Page 3
Bethesda Christian Fellowshi p
Report of the Independent Examiner for the year ended 31 March 2025
I report on the accounts of the church for the year ended 31 March 2025 which are set out on pages 5 to 12.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). 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 seeks explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiners’ Statement
In the course of my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in any material respect the requirements: e to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and
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to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended)
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Innes & Partners Limited Chartered Certified Accountants
9 Ardross Street Inverness IV3 5NN
Date: 2 October 2025
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Bethesda Christian Fellowship
Statement of Financial Activities for the year ended 31 March 2025
| Note Unrestricted Funds £ Income Donations and Legacies 3 92,014 Charitable Activities 4 5,821 Investments 5 1,894 Total Income 99,729 Expenditure Charitable Activities 6 82,477 Total Expenditure 82,477 17,252 Transfers between funds (16,637) Net Movement in Funds 615 Reconciliation of Funds Total Funds Brought Forward 51,993 Total Funds Carried Forward 12/14 52,608 Net income/(expenditure) before gains/(losses) on investments |
Note Unrestricted Funds £ Income Donations and Legacies 3 92,014 Charitable Activities 4 5,821 Investments 5 1,894 Total Income 99,729 Expenditure Charitable Activities 6 82,477 Total Expenditure 82,477 17,252 Transfers between funds (16,637) Net Movement in Funds 615 Reconciliation of Funds Total Funds Brought Forward 51,993 Total Funds Carried Forward 12/14 52,608 Net income/(expenditure) before gains/(losses) on investments |
Designated Funds £ - - - |
Restricted Funds £ 7,114 90,998 - |
Total Funds 2025 £ 99,128 96,819 1,894 |
Unrestricted Funds £ 81,881 4,934 1,232 |
Designated Funds £ - - - |
Restricted Funds £ 11,139 80,875 - |
Total Funds 2024 £ 93,020 85,809 1,232 |
|---|---|---|---|---|---|---|---|---|
| 99,729 | - | 98,112 | 197,841 | 88,047 | - | 92,014 | 180,061 | |
| 82,477 | 19,805 | 71,361 | 173,643 | 77,536 | 17,609 | 70,986 | 166,131 | |
| 82,477 | 19,805 | 71,361 | 173,643 | 77,536 | 17,609 | 70,986 | 166,131 | |
| 17,252 (16,637) |
(19,805) 14,710 |
26,751 1,927 |
24,198 - |
10,511 (7,068) |
(17,609) 8,848 |
21,028 (1,780) |
13,930 - |
|
| 615 51,993 |
(5,095) 490,523 |
28,678 58,571 |
24,198 601,087 |
3,443 48,550 |
(8,761) 499,284 |
19,248 39,323 |
13,930 587,157 |
|
| 52,608 | 485,428 | 87,249 | 625,285 | 51,993 | 490,523 | 58,571 | 601,087 |
The notes on pages7 to 12 form part of these accounts.
All income and expenditure derive from continuing activities.
Page 5
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Bethesda Christian Fellowship
Balance Sheet as at 31 March 2025
| Total | Total | |||||
|---|---|---|---|---|---|---|
| **Note ** | Unrestricted | Designated | Restricted | Funds | Funds | |
| Funds | Funds | Funds | 2025 | 2024 | ||
| £ | £ | £ | £ | £ | ||
| Fixed Assets | ||||||
| Tangible assets | 8 | - | 648,428 | - | 648,428 | 657,523 |
| Total Fixed Assets | - | 648,428 | - | 648,428 | 657,523 | |
| Current Assets | ||||||
| Debtors | 9 | 14,806 | - | 1,664 | 16,470 | 16,616 |
| Cash at Bank and in Hand | 40,777 | - | 87,175 | 127,952 | 97,243 | |
| Total Current Assets | 55,583 | - | 88,839 | 144,422 | 113,859 | |
| Liabilities | ||||||
| Creditors falling due within one year | 10 | 2,975 | 54,000 | 1,590 | 58,565 | 7,295 |
| Net Current Assets/(Liabilities) | 52,608 | (54,000) | 87,249 | 85,857 | 106,564 | |
| Total Assets less Current Liabilities | 52,608 | 594,428 | 87,249 | 734,285 | 764,087 | |
| Creditors falling due after more than | ||||||
| one year | 10 | - | 109,000 | - | 109,000 | 163,000 |
| Net Assets | 52,608 | 485,428 | 87,249 | 625,285 | 601,087 | |
| The Funds of the Charity | 12 | |||||
| Restricted Income Funds | - | - | 87,249 | 87,249 | 58,571 | |
| Unrestricted Funds | 52,608 | - | - | 52,608 | 51,993 | |
| Designated Funds | - | 485,428 | - | 485,428 | 490,523 | |
| Total Charity Funds | 52,608 | 485,428 | 87,249 | 625,285 | 601,087 |
The notes at pages 7 to 12 form part of these accounts
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Bethesda Christian Fellowshi p
Notes to the Financial Statements for the year ended 31 March 2025
1. Accounting Policies
Basis of Preparation and Assessment of Going Concern
The charity constitutes a public benefit entity as defined by FRS 102. 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 Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Funds Structure
Unrestricted funds can be used for any purpose which meets the objectives of the Church. Within this category the Trustees may designate funds for specific purposes and these are highlighted in the financial statements as Designated Funds.
Restricted funds are those which can be disbursed only for purposes set by the donor or the terms of the appeal under which they were raised.
Income Recognition
All voluntary income and bank interest is accounted for when received apart from income tax recoveries on Gift Aid which are accounted for on an accruals basis.
Expenditure Recognition and Irrecoverable VAT
Expenditure is recognised on an accruals basis when a liability is incurred. Expenditure includes any VAT which cannot be 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 beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those incurred in the governance of the charity and its assets are primarily associated with constitutional and statutory requirements.
Tangible Fixed Assets and Deprecation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the asset as follows:
Church Building Nil Building Fixtures and Fittings 25% straight line Church Furniture and Equipment 25% straight line Café Furniture and Equipment 25% straight line
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Bethesda Christian Fellowshi p
Notes to the Financial Statements for the year ended 31 March 2025
1. Accounting Policies (continued)
Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains / (losses) on investments’ in the SoFA if the shares are publicly traded or their fair value can otherwise be measured reliably.
Debtors
Debtors are valued at cost at the year-end and adjusted for any amounts considered to be irrecoverable.
Creditors
Creditors are valued at cost at the year-end and split between amounts due in less than one year and amounts due in more than one year.
Pensions
The church contributes to defined contribution pension schemes of its employees.
2. Related Party Transactions and Trustees’ Expenses and Remuneration
Trustee as a paid employee of the SCIO and worked mainly in pastoral support and leadersh y matter relating to emuneration and employment matters,
he was absent from trustee discussions and votes and thereby an independent and objective decision was made.
During the year received renumeration of £6,999.96 (2024: £nil) and employer pension contributions of £nil (2024: £nil). received remuneration of £nil (2024: £2,499) and employer pension contributions of £nil (2024: £1,375) having resigned as at 30/06/2023.
The other trustees did not receive any remuneration or expenses during the year.
During the year to 31 March 2021 loans of £180,000 were provided to the church from two Trustees towards the funding of the extension of the Church Building, Café, halls and two flats. These loans are unsecured and interest free and are repayable as follows:
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£80,000 repayable in monthly instalments over 20 years
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£100,000 repayment was due in full in three years’ time from receipt of loan (2024), the repayment terms for this loan have been revised and £50,000 is due for repayment in November 2025 and the remaining £50,000 due for repayment in November 2026.
At 31 March 2025 the balance of these loans outstanding was £163,000 (2024: £167,000).
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Bethesda Christian Fellowship
Notes to the Financial Statements for the year ended 31 March 2025
| 3. Donations and Legacies Gift Aid Donations Non Gift Aid Donations Charity Donations Tax recovered on Gift Aid |
Unrestricted Funds £ 49,217 25,975 4,197 12,625 |
Designated Funds £ - - - - |
Restricted Funds £ 5,660 - - 1,454 |
Total Funds 2025 £ 54,877 25,975 4,197 14,079 |
Unrestricted Funds £ 45,664 23,848 - 12,369 |
Designated Funds £ - - - - |
Restricted Funds £ 5,560 - 4,108 1,471 11,139 |
Total Funds 2024 £ 51,224 23,848 4,108 13,840 |
|---|---|---|---|---|---|---|---|---|
| 92,014 | - | 7,114 | 99,128 | 81,881 | - | 93,020 |
Inlcuded within Non Gift Aid Donations is £nil (2024: £160) for Other Work.
| Unrestricted Funds £ 620 - - 1,689 - 1,518 873 - 1,021 100 |
Designated Funds £ - - - - - - - - - - |
Restricted Funds £ - - 86,162 - 3,551 - - 1,285 - - |
Total Funds 2025 £ 620 - 86,162 1,689 3,551 1,518 873 1,285 1,021 100 |
Unrestricted Funds £ - 87 - 488 - 1,355 375 - 2,629 - |
Designated Funds £ - - - - - - - - - - |
Restricted Funds £ - - 73,842 1,461 4,200 - - 1,372 - - 80,875 |
Total Funds 2024 £ - 87 73,842 1,949 4,200 1,355 375 1,372 2,629 - |
|---|---|---|---|---|---|---|---|
| 5,821 | - | 90,998 | 96,819 | 4,934 | - | 85,809 |
| 5. Investments Unrestricted Funds £ Deposit Interest 1,894 1,894 6. Analysis of Expenditure Note Unrestricted Funds £ Charitable Expenditure Salaries 7 33,786 Publicity 1,476 Donations & Gifts 13 17,419 Stationery & Equipment 2,058 Building Running Costs 9,623 Café Running Costs - Café Cost of Sales - Toddlers - CAP - Youth & Children's Work 2,379 Other Expenses 13,727 Professional Fees 669 Depreciation - Independent Examination 1,340 82,477 Total 82,477 |
Unrestricted Funds £ 1,894 |
Designated Funds £ - |
Restricted Funds £ - |
Total Funds 2025 £ 1,894 |
Unrestricted Funds £ 1,232 |
Designated Funds £ - |
Restricted Funds £ - - Restricted Funds £ 36,607 - 4,108 - 887 6,948 21,779 600 57 - - - - - 70,986 70,986 |
Total Funds 2024 £ 1,232 |
|---|---|---|---|---|---|---|---|---|
| 1,894 | - | - | 1,894 | 1,232 | - | 1,232 | ||
| Designated Funds £ - - - - - - - - - - - - 19,805 - |
Restricted Funds £ 39,805 - - - 926 7,575 22,428 627 - - - - - - |
Total Funds 2025 £ 73,591 1,476 17,419 2,058 10,549 7,575 22,428 627 - 2,379 13,727 669 19,805 1,340 |
Unrestricted Funds £ 38,315 1,799 12,699 1,283 6,828 - - - - 5,155 9,825 543 - 1,089 |
Designated Funds £ - - - - - - - - - - - - 17,609 - |
Total Funds 2024 £ 74,922 1,799 16,807 1,283 7,715 6,948 21,779 600 57 5,155 9,825 543 17,609 1,089 |
|||
| 82,477 | 19,805 | 71,361 | 173,643 | 77,536 | 17,609 | 166,131 | ||
| 82,477 | 19,805 | 71,361 | 173,643 | 77,536 | 17,609 | 166,131 |
Support costs have not been separately identified as the trustees consider that there is only one charitable activity. Therefore support cost related wholly to that activity and have not been separately identified.
Page 9
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Bethesda Christian Fellowship
Notes to the Financial Statements for the year ended 31 March 2025
7. Analysis of Staff Costs
| Analysis of Staff Costs Salaries and wages Pension costs Church workers Café Workers Premises maintenance/Cleaners |
Total 2025 £ 72,656 935 73,591 Total 2025 Number 2 6 1 9 |
Total 2024 £ 71,697 3,225 |
| 74,922 | ||
| Total 2024 Number 2 5 1 |
||
| 8 |
No employee had employee benefits in excess of £60,000 (2024: nil).
| 8. Tangible Fixed Assets Cost As at 1 April 2024 Additions As at 31 March 2025 Depreciation As at 1 April 2024 Charge for the year As at 31 March 2025 Net Book Value As at 31 March 2024 As at 31 March 2025 |
£ 634,489 - Buildings |
£ 61,833 5,819 Building Fixtures & Fittings |
£ 2,881 637 Church Fixtures & Fittings |
£ 7,267 4,254 11,521 5,451 2,485 7,936 1,816 3,585 Café Fixtures & Fittings |
£ 706,470 10,710 Total |
|---|---|---|---|---|---|
| 634,489 | 67,652 | 3,518 | 717,180 | ||
| - - |
42,046 16,557 |
1,450 763 |
48,947 19,805 |
||
| - | 58,603 | 2,213 | 68,752 | ||
| 634,489 | 19,787 | 1,431 | 657,523 | ||
| 634,489 | 9,049 | 1,305 | 648,428 |
9. Analysis of Debtors
| **9. ** | Analysis of Debtors | Total | Total | ||||||
| Unrestricted | Designated | Restricted | Funds | Unrestricted | Designated | Restricted | Funds | ||
| Funds | Funds | Funds | 2025 | Funds | Funds | Funds | 2024 | ||
| £ | £ | £ | £ | £ | £ | £ | £ | ||
| Prepayments and accrued income | 2,502 | - | 249 | 2,751 | 3,223 | - | 587 | 3,810 | |
| Gift Aid Reclaim | 12,304 | - | 1,415 | 13,719 | 11,416 | - | 1,390 | 12,806 | |
| 14,806 | - | 1,664 | 16,470 | 14,639 | - | 1,977 | 16,616 | ||
| **10. ** | Analysis of current liabilities and long term creditors | Total | Total | ||||||
| Unrestricted | Designated | Restricted | Funds | Unrestricted | Designated | Restricted | Funds | ||
| Funds | Funds | Funds | 2025 | Funds | Funds | Funds | 2024 | ||
| Due within 1 year | £ | £ | £ | £ | £ | £ | £ | £ | |
| Accruals and deferred income | 2,975 | - | 1,590 | 4,565 | 2,013 | - | 1,282 | 3,295 | |
| Loans | - | 54,000 | - | 54,000 | - | 4,000 | - | 4,000 | |
| 2,975 | 54,000 | 1,590 | 58,565 | 2,013 | 4,000 | 1,282 | 7,295 | ||
| Unrestricted | Designated | Restricted | Funds | Unrestricted | Designated | Restricted | Funds | ||
| Funds | Funds | Funds | 2025 | Funds | Funds | Funds | 2024 | ||
| £ | £ | £ | £ | £ | £ | £ | £ | ||
| Creditors due after 1 year (including provisions) | |||||||||
| Loans | - | 109,000 | - | 109,000 | - | 163,000 | - | 163,000 | |
| - | 109,000 | - | 109,000 | - | 163,000 | - | 163,000 |
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Bethesda Christian Fellowship
Notes to the Financial Statements for the year ended 31 March 2025
| 11. Analysis of Net Assets Among Funds Fixed Assets Current Assets Current Liabilities Long Term Liabilities Net Assets as at 31 March 2025 Fixed Assets Current Assets Current Liabilities Long Term Liabilities Net Assets as at 31 March 2024 12. Movement in Funds Restricted Funds Building Fund Café Fund CAP Fund Mothers & Toddlers Fund Unrestricted Funds General Asset Fund Total Funds Restricted Funds Building Fund Café Fund CAP Fund Mothers & Toddlers Fund Unrestricted Funds General Asset Fund Total Funds |
As at 01.04.2024 £ 53,883 2,311 1,732 645 |
Unrestricted Funds £ - 55,583 (2,975) - |
Designated Funds £ 648,428 - (54,000) (109,000) |
Restricted Funds £ - 88,839 (1,590) - 87,249 Restricted Funds £ - 59,853 (1,282) - 58,571 Transfers £ 15,881 (13,254) - (700) 1,927 (16,637) 14,710 (1,927) - Transfers £ 8,020 (8,800) - (1,000) (1,780) (7,068) 8,848 1,780 - |
Total Funds 2025 £ 648,428 144,422 (58,565) (109,000) |
|---|---|---|---|---|---|
| 52,608 | 485,428 | 625,285 | |||
| Unrestricted Funds £ - 54,006 (2,013) - |
Designated Funds £ 657,523 - (4,000) (163,000) |
Total Funds 2024 £ 657,523 113,859 (7,295) (163,000) |
|||
| 51,993 | 490,523 | 601,087 | |||
| Incoming Resources £ 10,665 86,162 - 1,285 |
Outgoing Resources £ (926) (69,808) - (627) |
As at 31.03.2025 £ 79,503 5,411 1,732 603 |
|||
| 58,571 | 98,112 | (71,361) | 87,249 | ||
| 51,993 490,523 |
99,729 - |
(82,477) (19,805) |
52,608 485,428 |
||
| 542,516 | 99,729 | (102,282) | 538,036 | ||
| 601,087 | 197,841 | (173,643) | 625,285 | ||
| As at 01.04.2023 £ 35,519 1,142 1,789 873 |
Incoming Resources £ 11,231 79,411 - 1,372 |
Outgoing Resources £ (887) (69,442) (57) (600) |
As at 31.03.2024 £ 53,883 2,311 1,732 645 |
||
| 39,323 | 92,014 | (70,986) | 58,571 | ||
| 48,550 499,284 |
88,047 - |
(77,536) (17,609) |
51,993 490,523 |
||
| 547,834 | 88,047 | (95,145) | 542,516 | ||
| 587,157 | 180,061 | (166,131) | 601,087 |
Page 11
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Bethesda Christian Fellowship
Notes to the Financial Statements for the year ended 31 March 2025
12. Movement in Funds (continued) Fund Purposes: Restricted Funds:
The Building Fund represents monies received for building costs, repayment of the loan and maintenance of the building.
The Café Fund represents income received from the café for the continued running of the facility and expenses associated with the running costs.
The CAP Fund represents funds for Christian Against Poverty work.
The Mothers & Toddlers Fund represents funds received towards the running of the group.
Unrestricted Funds:
The General Fund represents all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is restricted.
The Fixed Assets Fund represents the net book vlaue of the church's property, fittings and equipment, net of all loans.
| 13. Donations & Gifts David & Brigitte Sutherland Support of other work/workers H'boro Christian Youth Project "Contraflow" Contribution towards Moshi Trip Donations (less than £500) Monthly donations to various charities from General (less than £500) Monthly donations to various charities from Café collections (less than £500) GLO (contribution for Video project) |
Total 2025 £ 5,004 3,230 2,000 1,458 1,530 4,197 - - 17,419 |
Total 2024 £ 5,004 3,765 1,000 500 1,650 - 4,108 780 |
|---|---|---|
| 16,807 |
| 14. Fund Transfers 1 - From General Fund to Fixed Asset Fund 1 - From Café Fund to Fixed Asset Fund 1 - From Building Fund to Fixed Asset Fund 1 - From Building Fund to Fixed Asset Fund 2 - From General Fund to Building Fund 3 - From Café Fund to Building Fund 3 - From Café Fund to Building Fund 4 - From Mother and Toddler Fund to Building Fund 4 - From Mother and Toddler Fund to Building Fund |
Unrestricted Funds £ (637) - - (16,000) - - - - |
Designated Funds £ 637 4,254 5,819 4,000 - - - - - |
Restricted Funds £ - (4,254) (5,819) (4,000) 16,000 9,000 (9,000) 700 (700) 1,927 |
Total Funds 2025 £ - - - - - 9,000 (9,000) 700 (700) |
|---|---|---|---|---|
| (16,637) | 14,710 | - |
-
1 - Fund transfers in relation to the movement in fixed assets.
-
2 - Fund transfers from the general fund to contribute towards the running costs of the building.
-
3 - Fund transfer from the café fund to contribute towards the running costs of the building.
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4 - Fund transfer from the Mother and Todller fund to contribute towards the running costs of the building.
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