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| ������������������������������������������������������� ## **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 ������������������������������������������������������� ## **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 Page 2 ������������������������������������������������������� ## **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: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - 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 1. 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 - 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 2. 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 Page 4 ������������������������������������������������������� ## **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 ������������������������������������������������������� ## **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 Page 6 ������������������������������������������������������� ## **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 Page 7 ������������������������������������������������������� ## **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: - £80,000 repayable in monthly instalments over 20 years - £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). Page 8 ������������������������������������������������������� ## **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 ������������������������������������������������������� ## **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| Page 10 ������������������������������������������������������� ## **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 ������������������������������������������������������� ## **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. - 4 - Fund transfer from the Mother and Todller fund to contribute towards the running costs of the building. Page 12