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BETLEEM ROMANIAN PENTECOSTAL CHURCH

Registered charity 1204538 · accounts filings on the Charity Commission register

Latest income
£253k
Latest spending
£259k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds total £1,533,507, which significantly exceed short-term liabilities, indicating strong liquidity. The trustees consider the security and liquidity of assets as a primary objective to ensure funds are available to meet charitable activities as they fall due. There are no borrowings, and the charity reports no material exposure to financial risks such as interest rates or foreign currency fluctuations.

What the accounts disclose

Reserves policy: sufficient unrestricted funds to meet operational needs (held: £1.5m)
“The trustees' policy is to maintain sufficient unrestricted funds to meet operational needs and ensure the charity can continue its activities.”
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Rev Corneliu Nistor received £9,736 for pastoral ministry services.
“One trustee, Rev Corneliu Nistor, is employed by the charity under a separate contract for their services as Pastor and spiritual leader. The remuneration disclosed above of £9,736 was paid solely for their services in this employed capacity and relates entirely to pastoral duties.” — page 52
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration
“One trustee, Rev Corneliu Nistor, is employed by the charity under a separate contract for their services as Pastor and spiritual leader. The remuneration disclosed above of £9,736 was paid solely for their services in this employed capacity and relates entirely to pastoral duties. No part of this remuneration was paid for their services as a trustee, which were provided on a voluntary basis. The disclosure is made in accordance with the SORP's requirement for transparency regarding all payments to individuals who serve as trustees.” — page 52
“Cornelia Nistor Daughter of Trustee, Rev Corneliu Nistor; Volunteer Biblical School teacher Reimbursement of expense for purchase of Biblical school supplies for the charity's use 101”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of expense for purchase of Biblical school supplies for the charity's use
“One trustee, Rev Corneliu Nistor, is employed by the charity under a separate contract for their services as Pastor and spiritual leader. The remuneration disclosed above of £9,736 was paid solely for their services in this employed capacity and relates entirely to pastoral duties. No part of this remuneration was paid for their services as a trustee, which were provided on a voluntary basis. The disclosure is made in accordance with the SORP's requirement for transparency regarding all payments to individuals who serve as trustees.” — page 52
“Cornelia Nistor Daughter of Trustee, Rev Corneliu Nistor; Volunteer Biblical School teacher Reimbursement of expense for purchase of Biblical school supplies for the charity's use 101”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of expense for purchase of audio supplies for the charity's use
“One trustee, Rev Corneliu Nistor, is employed by the charity under a separate contract for their services as Pastor and spiritual leader. The remuneration disclosed above of £9,736 was paid solely for their services in this employed capacity and relates entirely to pastoral duties. No part of this remuneration was paid for their services as a trustee, which were provided on a voluntary basis. The disclosure is made in accordance with the SORP's requirement for transparency regarding all payments to individuals who serve as trustees.” — page 52
“Cornelia Nistor Daughter of Trustee, Rev Corneliu Nistor; Volunteer Biblical School teacher Reimbursement of expense for purchase of Biblical school supplies for the charity's use 101”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£253k£259k

Common questions

Is BETLEEM ROMANIAN PENTECOSTAL CHURCH financially healthy?

The accounts state that unrestricted funds total £1,533,507, which significantly exceed short-term liabilities, indicating strong liquidity. The trustees consider the security and liquidity of assets as a primary objective to ensure funds are available to meet charitable activities as they fall due. There are no borrowings, and the charity reports no material exposure to financial risks such as interest rates or foreign currency fluctuations. Its FY2024 accounts were independently examined.

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