2021-12-31-accounts - Bangor Pentecostal Church

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			Page
Trustees' annual report
Independent auditor's report to	the members
Statement offinancial activities
Statement offinancial position			10
Statement ofcash flows
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement offinancial	activities		26
Notes to the detailed statement	offinancial	activities	28

		Year	ended	31Decemb	er 2021
					2021		2020
				Unrestricted	Restricted
			Note	funds	funds	Total funds f	Total funds
Income and endowments
Donations and legacies			4	104,732	220,400	325,132	348,020
Other trading activities			5		298,868	298,868	242,710
Investment income			6	1		1	5
Other income			7				12,499
Total income				104,733	519,268	624,001	603,234
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			8	71,220	3,960	75,178	70,881
Expenditure on charitable	activities		9,10	699	533,701	534,402	549,524
Total expenditure				71,919	537,661	609,580	620,405
Net income/(expenditure)				32,814	(18,393)	14,421	(17,171)
Transfers between funds				(22,300)	22,300
Net movement in funds				10,514	3,907	14,421	(17,171)
Reconciliation offunds
Total funds brought forward				8,310	21,168	29,478	46,649
Total funds carried forward				18,824	25,075	43,899	29,478

	31 Decem	ber 2021
			2021		2020
		Note
Fixed assets
Tangible fixed assets		16		60,052	55,233
Current assets
Debtors		17	7,781		4,435
Cash at bank and in hand			25,686		16,604
			33,467		21,039
Creditors: amounts	falling due within one year	19	45,708		45,017
Net current liabilities				12,241	23,978
Total assets less current liabilities				47,811	31,255
Creditors: amounts one year	falling due after more than	20		3,912	1,777
Net assets				43,899	29,478
Funds ofthe charity Restricted funds				25,075	21,168
Unrestricted funds				18,824	8,311
Totalcharity funds		24		43,899	29,479

					2021	2020
				Note
Cash flows from operating		activities
Net income/(expenditure)					14,421	(17,171)
Adjustments for:
Depreciation oftangible fixed assets					8,595	7,032
Government grant income					(148,461)	(202,025)
Other interest receivable and similar income					(1)	(5)
Interest payable and similar		charges			4,596	4,601
Accrued (income)/expenses					(961)	8,300
Changesin:
Trade and other debtors					(3,346)	(858)
Trade and other creditors					(4,948)	20,196
Cash generated from operations					(130,105)	(179,930)
Interest paid					(4,596)	(4,601)
Interest received					1	5
Net cash used in operating		activities			(134,700)	(184,526)
Cash flows from investing		activities
Purchase oftangible assets					(13,414)	(6,731)
Net cash used in investing	activities				(13,414)	(6,731)
Cash flows from financing		activities
Government grant income					148,461	202,025
Payments offinance lease	liabilities				4,713	(2,131)
Net cash from financing activities					153,174	199,894
Net increase in cash and	cash equivalents				5,060	8,637
Cash and cash equivalents		at beginning	ofyear		16,604	7,966
Cash and cash equivalents		at end ofyear		18	21,664	16,603

							Unrestricted	Restricted	Total Funds
							Funds	Funds	2021
									E
	Donations
	General donations Specific donations Donations received			received by received by by Annie's	the church the church Orphans		104,732	31,887 40,052	104,732 31,887 40,052
	Grants
	Government		grant	income				148,461	148,461
							104,732	220,400	325,132
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2020
							F		F
	Donations
	General donations Specific donations Donations received			received by received by by Annie's	the church the church Orphans		89,821	17,339 38,835	89,821 17,339 38,835
	Grants
	Government		grant	income				202,025	202,025
							89,821	258,199	348,020
5.	Other trading		activities
						Restricted	Total Funds	Restricted	Total Funds
						Funds	2021	Funds	2020
						F		F	F
	Shop income					298,868	298,868	242,710	242,710
6.	Investment	income
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2021
							F	F	f,
	Bank interest		receivable				1		1
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2020
							F		F
	Bank interest		receivable					5	5

Other inco	me
		Unrestricted	Restricted	Total	Funds
		Funds	Funds		2021
			F
Employer's	allowance
Insurance	claim
		Unrestricted	Restricted	Total	Funds
		Funds	Funds		2020
		F	F
Employer's Insurance	allowance claim	3,691	4,000 4,808		7,691 4,808
		3,691	8,808		12,499

								Unrestricted	Restricted	Total	Funds
								Funds	Funds		2021
									F
Costs 1	of	raising	donations	and	legacies	- Other	type	71,220	3,960		75,178
								Unrestricted	Restricted	Total	Funds
								Funds	Funds		2020
								F	E
Costs 1	of	raising	donations	and	legacies	- Other	type	65,741	5,140		70,881

Expenditur	type
	Unrestricted	Restricted	TotalFunds
	Funds	Funds	2021
	F	F	F
Operation and administration ofshops Donations made by Anne's Orphans Donations made by the church Support costs	699	383,956 116,976 24,021 8,748	383,956 116,976 24,721 8,749
	699	533,701	534,402
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	F
Operation and administration ofshops Donations made by Anne's Orphans Donations made by the church Support costs		345,897 170,363 22,863 10,400	345,897 170,363 22,863 10,401
		549,523	549,524

10.	Expenditu	re on charitab	le	activities by	activity type
					Activities
					undertaken	Support	Total funds	Total fund
					directly	costs	2021	2020
								F
	Operation and administration ofshops Donations made by Anne's Orphans Donations made by the church Governance costs				383,956 116,976 24,721	8,749	383,956 116,976 24,721 8,749	345,897 170,363 22,863 10,401
					525,653	8,749	534,402	549,524
11.	Net income/(expenditure)
	Net income/(expenditure)			is stated after charging/(crediting):
							2021	2020
								F
	Depreciation oftangible		fixed assets				8,595	7,032
12.	Auditors	remuneration
							2021	2020
	Fees payable for the audit			ofthe financial	statements		8,750	10,400

Staff cos	ts	ts
The total	staff costs and		employee	benefits for			the reporting	period are	analysed as follows:
									2021	2020
										F
Wages and salaries									238,028	220,675
Social security costs									7,827	13,207
Employer	contributions	to pension		plans					1,421	1,227
									247,276	235,109
The average head count			of einployees			during	the year was	15(2020:	13).The average	number
offull-time	equivalent	employees		during		the year is analysed		as follows:
									2021	2020
									No.	No.
Number ofmanagement			staff						1	1
Number ofstaff employed			by Annie's		Orphans				14	12
									15	13

fund. This was required to Tangible fixed assets	eliminate the	negative balance	on Annie's O	rphan restricted	fund.
	Land and	Fixtures and	Motor
	buildings	fittings	vehicles	Equipment	Total
	F	F	F	F
Cost
At 1 January 2021	59,372	7,311	8,394	7,476	82,553
Additions		2,670	9,995	749	13,414
At 31 December 2021	59,372	9,981	18,389	8,225	95,967
Depreciation
At 1 January 2021	9,954	6,778	3,673	6,915	27,320
Charge for the year	3,854	800	3,679	262	8,595
At 31 December 2021	13,808	7,578	7,352	7,177	35,915
Carrying amount
At 31 December 2021	45,564	2,403	11,037	1,048	60,052
At 31 December 2020	49,418	533	4,721	561	55,233

	assets held under finance	leases or hire purchase	agreements:		g
					Motor
					vehicles
	At 31 December 2021				11,037
	At 31 December 2020				4,721
17.	Debtors
				2021	2020
					F
	Prepayments and accrued	income		915
	Other debtors			6,866	4,435
				7,781	4,435
18.	Cash and cash equivalents
	Cash and cash equivalents	comprise the following:
				2021	2020
					F
	Cash at bank and in hand			25,686	16,604
	Bank overdrafts			(4,022)
				21,664	16,604
19.	Creditors: amounts falling	due within one year
				2021	2020
				F	F
	Bank loans and overdrafts Trade creditors Accruals and deferred income Social security and other taxes Obligations under finance leases and hire purchase Other creditors		contracts	4,022 1,952 16,739 6,048 4,710 12237	2,234 17,700 13,287 2,132 9,664
				45,708	45,017
	Hire purchase liabilities are	secured on the motor vehicle.
20.	Creditors: amounts falling	due after more than	one year
				2021	2020
				F
	Obligations under finance leases and hire purchase		contracts	3,912	1,777

The total f as follows:	utur	e minimum lease payments under finance le	ases and hire purchase co	ntracts are
			2021	2020
				f.
Not later than		1 year	4,711	2,132
Later than	1 year and not later than 5years		3,911	1,777
			8,622	3,909

				At					At
		1	Jan	2021	Income	Expenditure	Transfers	31	Dec 2021
General	funds			8,310	104,733	(71,919)	(22,300)		18,824
				At					At
		1	Jan	2020	Income	Expenditure	Transfers	31	Dec2020
						F
General	funds			540	93,512	(65,741)	(20,000)		8,311

Restrict	ed funds
			At				At
		1 Jan 2021		Income	Expenditure	Transfers	31 Dec 2021
				F	F
Armies	Orphans		42	487,380	(509,681)	22,300	41
Specific	donations
received	by the church		6,352	31,210	(24,125)		13,437
Church	heating system		14,774	678	(3,855)		11,597
			21,168	519,268	(537,661)	22,300	25,075
			At				At
		1	Jan 2020	Income	Expenditure	Transfers	31 Dec 2020
			F				F
Armies Orphans			20,319	492,383	(526,660)	14,000	42
Specific	donations
received Church	by the church heating system		6,534 19,256	16,681 658	(22,863) (5,140)	6,000	6,352 14,774
			46,109	509,722	(554,663)	20,000	21,168

Analysis ofnet as	ts between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			F
Tangible fixed assets		36,468	23,584	60,052
Current assets Creditors less than 1 Creditors greater than	year 1 year	25,413 (43,057)	8,054 (2,651) (3,912)	33,467 (45,708) (3,912)
Net assets		18,824	25,075	43,899
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
			F
Tangible fixed assets		28,229	27,004	55,233
Current assets		17,432	3,607	21,039
Creditors less than 1 Creditors greater than	year 1 year	(37,351)	(7,666) (1,777)	(45,017) (1,777)
Net assets		8,310	21,168	29,478

Anal	ysis ofchang	es in net debt
			At		At
			1 Jan 2021	Cash flows E	31 Dec 2021 f
Cash	at bank and	in hand	16,604	9,082	25,686
Bank Debt Debt	overdrafts due within one year due after one year		(2,132) (1,777)	(4,022) (2,578) (2,135)	(4,022) (4,710) (3,912)
			12,695	347	13,042

Operating	leas	e commit	ments
The total	future	minimum	lease payments	under non-cancellable	operating	leases are as follows:
						2021	2020
							E
Not later than 1		year				9,982	41,579
Later than	1 year and not		later than 5years				79,937
Later than	5years						40,824
						9,982	162,340

		Year ended 31 Decemb	er 2021
			2021f	2020 F
Income and endowments
Donations and legacies
General donations	received	by the church	104,732	89,821
Specific donations	received	by the church	31,887	17,339
Donations received	by Annie's Orphans		40,052	38,835
Government grant	income		148,461	202,025
			325,132	348,020
Other trading activities
Shop income			298,868	242,710
Investment income
Bank interest receivable
Other income
Employer's allowance				7,691
Insurance claim				4,808
				12,499
Total income			624,001	603,234

	Year ended 31 Decem	ber 2021
		2021f	2020
Expenditure
Costs ofraising donations	and legacies
Wages and salaries		45,000	44,649
Employer's NIC Rates and water		940 7,707	4,601 1,546
Insurance		1,267	1,160
Motor vehicle expenses Other motor/travel costs		3,981 5,617	3,762 805
Legal and professional fees		293	48
Telephone Other office costs		989 664	1,079 1,755
Depreciation		4,541	5,164
Advertising		120	314
Books and literature Bank charges and interest		604 432	1,319 293
Repairs and maintenance		3,023	4,103
			283
		75,178	70,881
Expenditure on charitable	activities
Wages and salaries		193,028	176,026
Employer's NIC Pension costs		6,887 1,421	8,606 1,227
Rent Rates and water Light and heat Repairs and maintenance Insurance Motor vehicle expenses Other motor/travel costs Legal and professional fees Telephone Other office costs Depreciation Interest on HP and finance leases		106,375 6,885 16,764 8,831 6,432 (32) 18,689 10,950 5,156 1,517 4,055 842	100,568 5,504 16,371 6,348 6,449 4,995 3,857 12,242 1,117 2,410 1,868 424
Other interest payable and similar charges Donations		3,754 141,697	4,177 193,226
Postage and stationery		1,151	1,007
Cleaning and disposals			3,102
		534,402	549,524
Total expenditure		609,580	620,405
Net income/(expenditure)		14,421	(17,171)

				2021	2020f
Costs ofraising	donations		and legacies
Costs of raising	donations		and legacies - Other type 1
Wages and salaries				45,000	44,649
Employer's NIC Light 8 heat 8 water				940 7,707	4,601 1,546
Insurance				1,267	1,160
Motor vehicle expenses				3,981	3,762
Travel costs				5,617	805
Legal and professional		fees		293	48
Telephone				989	1,079
Sundry expenses				664	1,755
Depreciation				4,541	5,164
Advertising				120	314
Books, literature and licences Bank charges and interest				604 432	1,319 293
Repairs and maintenance				3,023	4,103
Other interest					283
				75,178	70,881
Costs of raising	donations		and legacies	75,178	70,881

			Year ended 31Decem	ber 2021
				2021	2020
Expenditure on charitable		activities
Operation and administration			ofshops
Activities undertaken	directly
wages/salaries				193,028	176,026
employer's NIC				6,887	8,606
pension costs				1,421	1,227
rent				106,375	100,568
rates 8 water				6,885	5,504
light &heat				16,764	16,371
repairs &maintenance				8,831	6,348
insurance				6,432	6,449
motor vehicle expenses other motor/travel costs				(32) 18,689	4,995 3,857
legal and professional	fees			2,201	1,841
telephone				5,156	1,117
other shop costs				1,517	2,410
depreciation				4,055	1,868
Hire purchase interest				842	424
bank charges and interest				3,754	4,177
postage and stationery				1,151	1,007
cleaning and disposal					3,102
				383,956	345,897
Donations made by Anne's		Orphans
Activities undertaken	directly
Donations				116,976	170,363
Donations made by the church
Activities undertaken	directly
Donations made by the	church			24,721	22,863
Governance costs
Governance costs - audit fees				8,749	10,401
Expenditure on charitable		activities		534,402	549,524