2022-12-31-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			12
The following pages do not form part of		the financial statements
Detailed statement offinancial	activities		26
Notes to the detailed statement	offinancial	activities	28

		Year	ended	31 Decemb	er 2022
					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	R	R
Income and endowments
Donations and legacies				91,490	47,132	138,622	325,132
Other trading activities					464,928	464,928	298,868
Investment income							1
Other income				4,236	5,000	9,236
Total income				95,726	517,060	612,786	624,001
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			8	85,042		85,042	75,178
Expenditure on charitable	activities		9,10	—	555,397	555,397	534,402
Total expenditure				85,042	555,397	640,439	609,580
Net (expenditure)/Income				10,684	(38,337)	(27,653)	14,421
Transfers between funds				(29,508)	29,508
Net movement in funds				(18,824)	(8,829)	(27,653)	14,421
Reconciliation offunds
Total funds brought forward				18,824	25,075	43,899	29,478
Total funds carried forward					16,246	16,246	43,899

	',I			2022			2021
							R
Taifgi~e feed assets	:I"f",	16.'					80,052
O~		17	.	'2,674			7„781
Cashmt bank and' in hand				10,661			, 25,888
.-', ,I				13,406			'334B7
Credltrors: imo~untIr&lling	oui.within one year.			4$,771			45,708
Net current tlatrlItles					68,465	.	, 12,I2$1, '
TIo!aJ,sIseta. less;.pqfrent	llabllltles			'I'	' '17r224'	'	""47;811
Ciidlto'is: amountrf+Elng o'ne'jear	due after more. than	20			$70..., ,		I, , 3I912
Net asiets.					16,246I	'	43,899
Funda ofthe char	ty';"
Restrtotad funds					16,246		25,075
Unreatricted. funds							18,824
Total charity funds		24			16,246		43,899

			Note	2022 f	2021
Cash flows from operating	activities
Net (expenditure)/income				(27,653)	14,421
Adjustments for:
Depreciation oftangible fixed assets				6,463	8,595
Government grant income					(148,461)
Other interest receivable and similar income Interest payable and similar charges				4,134	(1) 4,596
Accrued expenses/(income)				2,175	(961)
Changes in:
Trade and other debtors Trade and other creditors				4,906 1,894	(3,346) (4,948)
Cash generated from operations				(8,081)	(130,105)
Interest paid Interest received				(4,134)	(4,596) 1
Net cash used in operating	activities			(12,215)	(134,700)
Cash flows from investing	activities
Purchase oftangible assets					(13,414)
Net cash used in investing activities					(13,414)
Cash flows from financing	activities
Government grant income					148,461
Payments offinance lease liabilities				(4,709)	4,713
Net cash (used in)/from financing activities				(4,709)	153,174
Net (decrease)/increase in Cash and cash equivalents	cash and cash at beginning	equivalents ofyear		(16,924) 21,664	5,060 16,604
Cash and cash equivalents	at end ofyear		18	4,740	21,664

Expenditu	re on charitable	activities by fund	type
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
				F	R
Operation	and administration	ofshops		441,914	441,914
Donations	made by Anne's	Orphans		78,205	78,205
Donations	made by the church			26,394	26,394
Support costs				8,884	8,884
				555,397	555,397
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			F
Operation	and administration	ofshops		383,956	383,956
Donations	made by Annie's	Orphans		116,976	116,976
Donations	made by the church		699	24,021	24,721
Support costs				8,748	8,749
			699	533,701	534,402

					Activities
					undertaken		Total funds	Total fund
					directly Support	costs	2022	2021
								P
	Operation	and administration		ofshops	441,914		441,914	383,956
	Donations	made by Annie's		Orphans	78,205		78,205	116,976
	Donations	made by the church			26,394		26,394	24,721
	Governance		costs			8,884	8,884	8,749
					546,513	8,884	555,397	534,402
11.	Net (expenditure)/income
	Net (expenditure)/income is			stated after	charging/(crediting):
							2022	2021
								F
	Depreciation		oftangible fixed assets				6,463	8,595
12.	Auditors	remuneration
							2022	2021
	Fees payable		for the audit ofthe financial		statements		8,883	8,750