# ## ## |||||Page| |---|---|---|---|---| |Trustees'
annual
report||||| |Independent
examiner's
report to the trustees||||| |Statement of financial|activities|||| |Statement offinancial|position|||| |Notes to the financial|statements|||| |The following
pages|do not form part of||the financial statements|| |Detailed statement
of|financial activities|||15| |Notes to the detailed|statement|offinancial|activities|16| ## |Reference and administrative|Reference and administrative|Reference and administrative|details||||| |---|---|---|---|---|---|---|---| |Registered|charity|name|Pentecostal|Residences|||Charity| |Charity registration||number|1002396||||| |Principal office|||C/o The Foundry||||| ||||Lugsdale
Road||||| ||||Widnes||||| ||||Cheshire||||| |The trustees|||||||| ||||Mr A Hewitt||||(Retired 2 October 2022)| ||||Mr SSmith||||| ||||Mrs J Hicklin||||| ||||Mrs L Holland||||| ||||Mr
I Aitken||||| |Independent|examiner||Mr
I Jennions||BA|(Hons)|FFA FIPA FFTA| ||||Suite 1, Foundry|||House|| ||||Widnes Business|||Park|| ||||Waterside|Lane|||| ||||Widnes||||| ||||Cheshire||||| ||||WA8 8GT||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2022|2022|2021| |---|---|---|---|---|---|---|---| ||||||Unrestricted||| |||||Note|funds
f|Total funds|Total funds
6| |Income and|endowments||||||| |Donations
and legacies
Investment
income|||||344,543
303|344,543
303|335,988
13| |Total Income|||||344,846|344,846|336,001| |Expenditure
Expenditure|on charitable|activities||6,7|316,431|316,431|297,682| |'Total expenditure|||||316,431|316,431|297,682| |Net income|and net movement||In funds||28,415|28,415|38,319| |Reconciliation
offunds|||||||| |Total funds|brought
forward||||1,516,772|1,516,772|1,478,453| |Total funds|carried forward||||1,545,187|1,545,187|1,516,772| ## ## ## |||||||2022||2021| |---|---|---|---|---|---|---|---|---| ||||||Note|5||E| |Fixed assets||||||||| |Tangible fixed assets
Investments|||||12
13||1,388,372
123|1,387,781
123| ||||||||1,388,495|1,387,904| |Current assets||||||||| |Debtors||||||7,099||7,510| |Cash at bank|and|In|hand|||160,992||131,785| |||||||168,091||139,295| |Creditors: amounts|||falling|due within one year|15|11,399||10,427| |Net current|assets||||||156,692|128,668| |Total assets|less|current||liabilities|||1,545,187|1,516,772| |Net assets|||||||1,545,187|1,516,772| |Funds ofthe charity||||||||| |Unrestricted|funds||||||1,545,187|1,516,772| |Total charity|funds||||16||1,545,187|1,516,772| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations
and legacies||||| |---|---|---|---|---| ||Unrestricted|Total Funds|Unrestricted|Total Funds| ||Funds
E|2022|Funds
8|2021
f| |Donations||||| |Rents and Service Charges||||| |Receivable|344,543|344,543|335,988|335,988| ## ## ## ## |5.|Investment
|Inco|me||||||| |---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Total|Funds|Unrestricted|Total Funds| ||||||Funds||2022|Funds|2021| ||||||f||F.|8|| ||Bank Charges Receivable||||303||303|13|13| |6.|Expenditure|on|charitable|activities|by fund type||||| ||||||Unrestricted|Total|Funds|Unrestricted|Total Funds| ||||||Funds||2022|Funds|2021| ||||||f||8|8|5| ||Direct charitable||activities||313,485|313,485||294,952|294,952| ||Support costs||||2,946||2,946|2,730|2,730| ||||||316,431|316,431||297,682|297,682| ## |7.|Expenditure|on|charitable|activ|ities
by|activity type|||| |---|---|---|---|---|---|---|---|---|---| |||||||Activities|||| |||||||undertaken|Support|Total funds|Total fund| |||||||directly
k|costs
8|2022
f|2021
f| ||Direct charitable||activities|||313,485||313,485|294,952| ||Governance|costs|||||2,946|2,946|2,730| |||||||313,485|2,946|316,431|297,682| |8.|Net income||||||||| ||Net income is stated after|||charging/(crediting):|||||| |||||||||2022|2021| |||||||||8|8| ||Depreciation
of
Operating
lease||tangible fixed assets
rentals|||||992
236|794
473| |9.|Independent|examination||fees|||||| |||||||||2022|2021| |||||||||6|F| ||Fees payable
Independent|to ths independent
examination
ofths|||examiner for:
financial
statements|||2,730|2,730| ## ## ## ## ## ## ## |Tangible fixed assets|||||| |---|---|---|---|---|---| ||Land and|Fixtures and||User defined|| ||buildings
f|fittings
6|Equipment
6|asset|Total| |Cost|||||| |At 1 January 2022
Additions|1,385,403|4,337|38,794|1,691
1,583|1,430,225
1,583| |At 31 December 2022|1,385,403|4,337|38,794|3,274|1,431,808| |Depreciation
At 1 January
2022
Charge for the year||4,231
27|37,790
251|423
714|42,444
992| |At 31 December 2022||4,258|38,041|1,137|43,436| |Carrying
amount
At 31 December 2022|1,385,403|79|753|2,137|1,388,372| |At 31 December 2021|1,385,403|106|1,004|1,268|1,387,781| |Investments|||||| ||||||Listed| ||||||investments| |Cost or valuation|||||| |At 1 January 2022 and 31 December||2022|||123| |Impairment|||||| |At 1 January
2022 and 31 December||2022|||| |Carrying
amount
At 31 December 2022|||||123| |At 31 December 2021|||||123| ## ## ## ## ## ## ## |14.|Debtors||||||| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||||||6|F| ||Trade debtors|||||5,927|5,915| ||Prepayments
Other debtors|and accrued income||||846
326|1,595| |||||||7,099|7,510| |15.|Creditors: amounts|||falling due within one year|||| |||||||2022|2021| ||||||||6| ||Accruals and|deferred|||income|3,619|3,442| ||Social security
Other creditors||and other taxes
- Rent refund due|||1,883
5,897|1,088
5,897| |||||||11,399|10,427| |16.|Analysis of|charitable funds| |---|---|---| ||Unrestricted|funds| |Unrestricted|funds||||||| |---|---|---|---|---|---|---|---| |||||At|||At| |||1|January|20|||31 December| ||||f|22|Income
f|Expenditure
6|2022
6| |Unrestricted|Fund||1,516,772||344,846|(316,431)|1,545,187| |||||At|||At| |||1|January|20|||31 December| ||||6|21|Income
6|Expenditure
F|2021
f| |Unrestricted|Fund||1,478,453||336,001|(297,682)|1,516,772| ## ## ## |Analysis of net as|sets between funds||| |---|---|---|---| |||Unrestricted|Total Funds| |||Funds|2022
f| |Tangible fixed assets
Investments||1,388,372
123|1,388,372
123| |Current assets||168,091|168,091| |Creditors less than|1 year|(11,399)|(11,399)| |Net assets||1,545,187|1,545,187| |||Unrestricted|Total Funds| |||Funds
f|2021
f| |Tangible fixed assets
Investments||1,387,781
123|1,387,781
123| |Current assets||139,295|139,295| |Creditors less than|1 year|(10,427)|(10,427)| |Net assets||1,516,772|1,516,772| ## ## ## ## ## ||Year ended 31 Decemb|er 2022|| |---|---|---|---| |||2022|2021| |||6|| |Income and endowments|||| |Donations
and legacies
Rents and Service Charges|Receivable|344,543|335,988| |Investment
income|||| |Bank Charges Receivable||303|13| |Total income||344,846|336,001| |Expenditure|||| |Expenditure
on charitable
Wages and salaries
Employer's
NIC|activities|104,625
7,283|90,061
4,758| |Operating
leases
Repairs and maintenance
Motor vehide expenses
Other motor/travel
costs||236
651
2,282
46|473
2,230| |Legal and professional
fees
Other office costs||3,404
5,022|5,996
2,507| |Depreciation
Other Interest payable
and
Property Costs
Sundry Expenses
Donations|similar charges|992
846
136,620
2,491
51,465|794
804
138,496
959
50,604| |Staff wellbeing||468|| |||316,431|297,682| |Total expenditure||316,431|297,682| |Net income||28,415|38,319| ## ## ## |||Year ended 31 Decemb|er 2022|| |---|---|---|---|---| ||||2022|2021| ||||E|E| |Expenditure
on charitable||activities||| |Direct charitable
activities||||| |Activltles undertaken|directly|||| |Wages and salaries
Employer's
NIC|||104,625
7,283|90,061
4,758| |Operating
leases|||236|473| |Repairs and maintenance|||651|| |Motor vehicle expenses|||2,282|2,230| |Other motor/travel
costs|||46|| |Legal and professional
Other offic costs|fees||458
5,022|3,266
2,507| |Depreciation|||992|794| |Other interest payable
Property costs
Sundry expenses
Donations|and|similar charges|846
136,620
2,491
51,465|804
138,496
959
50,604| |Staff wellbeing|||468|| ||||313,485|294,952| |Governance costs||||| |Accountancy
fees|||2,946|2,730| |Expenditure
on charitable||activities|316,431|297,682|