Company number 05855166
Charity number 1115680
Bridge Street Pentecostal Church
Operating as Bridge Community Church
(A Company Limited by Guarantee)
Annual Report and Financial Statements
For the year ending 31 December 2021

Contents
Page
Report ofthe Trustees........................................................................................................
Independent Auditors, Report.... ......................................................................................... li
Consolidated Statement of Financial Attlvities.........................-..-.......................................... 15
Charity Balance 5heet........................................................................................................16
Consolidated Balance Sheet......
.17
Consolldated Statement of Cash Flows
.18
Notes to the Finanaal Statements........................................................................................19

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees for the year ended 31 December 2021
The Trustees are pleased to present their annual report together with the consolidated financial
statements of the charity and its subsidiaries for the year ending 31 De￿mber 2021 which are also
prepared to meet the requirements for a Directors. report and accounts for Companies Art purposes.
The finanoal statements comply with the Charit￿ Act 2011. the Companies Act 2006. the Articles
of Association, and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standards
applicable in the UK and Republic of Ireland (FRS102) (effertive l January 2019).
Reference and Adminlstrative Detslls
Charity Number:
1115680
Company Number:
05855166
Registered Office:
Bridge Community Church
Rider Street
Leeds
Burmantofts
L59 7BQ
Email: 1nfo@bcdeeds.org
Website: www.bcdeeds.org
Bankers:
Barclays Bank
Guiseley
Leeds
LS20 8AE
Auditors-
Azets Audit Services
Triune Court
Monks Cross Drive
York
Y032 9GZ
Company Secretary:
Matthew Dransfield (resigned 31 October 2021)
Currently vacant
Key management personnel
The Dirertors of the charitable company are also its Trustees for the purposes of charity law.
The Trustees and officers Serving during the year and since the year end were as follows:
Mr. A J Jarvis
Dr R Lasseko
Mr. O Osarollor
Dr l Jones
Mr. C C Inwood
Dr O Rotimi
Mrs. C Roberts
Mr. C Olowosuko
(Resigned 8 February 2021)
(Appointed 8 March 2021}
Prlnclpal staff
Pastoral tearn..
Rev. S Reilly (Senior Pastor)
Rev. A Lancaster
Rev. A Lenton
Rev B Leo
{Resigned 31 January 2021)
{Appointed I September 2021)

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees for the year ended 31 December 2021
Structurei governance and management
Bridge Street Pentecostal Church Ltd (operating as Bridge Community Church) is a charity registered
in England and Wales and is constituted as a company* limited by guarantee, and is therefore
governed by a memorandum and artide5 of association. The company was established under
memorandum of association, which established the objeLts and powers of the charitable company
and is govemed under its articles of association.
In the event of the company being wound up. members are required to contribute an amount not
exceeding £1.
Introduction
The obj.erts of the charitable company are primarily worked out through the ministries of Bridge
Community Church, its congregation. and volunteers, as diretted and supported by the employees
and reSoUr￿S of the company.
Bridge Community Church fThe Church? has been operating at its new site since J¢Jne 2016. It
has a regular attendance of around 1.200 people at its Sunday setvices including 300-400 children
and young people.
Management and administration
The Trustees oversee the legal and financial responsibilities of the Church.
The spiritual oversight of The Church is vested in the elders. who. together with the Twstees are
company members.
The day-to-day management of The Church is vested in the Ministries Leadership Team (for spiritual
matters) and the Operations Team (for company matters)-
Recruitment and appolntment of T￿￿ees.
The Directors of the company are also Trustees of the charity. The Trustees who served during the
period urbder review and to date are set out on page 3. In accordance with the Articles of Association,
Trustees stand for a period of three years after which they can, if they choose, stand for re-election.
All Trustees give their time voluntarily. Any expense5 redaimed by Trustees from the charity are set
out in note 7 to the financial statements.
Conflicts of Interest
The charity maintains a conflirt of interest register which is reviewed at regular Intervals. All conflicts
of interest a￿ assessed at each board meeting according to agenda and controls exercised
appropriately.
Indurtlon and training of Trustees
Policies are subject to ongoing review for the induction and training of Trustees.
Remuneration policy for senior staff '
The charlty follows the annual pay guidance issued by the Elim Pentecostal Church Charity for the
payment of Pastors.
Fundraising
We strive to achieve the highest fundraising standards and we value the support we receive
financially from supporters. We are staying up to date with developments in charity regulation, dats
protection and the Fundraising Prefeience Service (FPS) to make sure we are legally compliant and
adhering to all guidelines.
No complaints were received in the year 2021 in connection WTth fundraising and any queries are
managed with due diligen￿.

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees for the year ended 31 December 2021
Risk management
The Trustees have carried out ongoing assessments of the charity's activities setting out the major
opportunities available to the charity and the risks to which it Is exposed.
The prinopal risks and uncertainties fa￿d by the charity at the time of writing are as follows:
Finanaal risks Congregational giving has remained consistent with the giving profile
witnessed during the Covid-19 pandemic and reflects the congregation's personal
circumstances and the pressure of the current economic squeeze on household income. The
Board continues to use financial controls put in place around giving and expendtture.
Conferencing and parking income are starting to recover with a healthy set of bookings for
the year. however, income has been set at a low level to reflect recovery from the pandemic
and a slow retum to office working. There is optimism that as we continue to "open-up,""
business income will increase towards the latter end of the year. Controls a￿ in place to
ensure budgets are adhered to.
Operational risks - The Church has written policies in pla￿ for child protection Including
Systems for training of new and existing volunteers as well as employees, health & safety
and data protertion and many other activities (including an annual risk assessment ￿vIew).
Property risk - The Church facility has full security measure5 against theft, vandalism, and
fi￿ with full ingjrances in place including a 2417 CCTV system. All required equipment and
fixtures are maintained at prescribed intervals via service contracts.
Employment (human resource) risk - The church employs pastors and staff for the delivery
and management of its objertives. It has policies in place for Pensions, Equal Opportunities,
Dispute Resolution and Public & Employer Liability Insurance. The Trustees have considered
their responsibilities under Legislation including Health & Safety, Employment Law, and Child
Protects'on. The church is supported by an extemal company Sentient specialising in HR.
Building and Estate
Facilitates are monttored and any risk are ￿ported to senior
management if found. Remedial work planned to service the gutter5 on the Stewart Building
has been undertaken with a 25 year warranty on the produrt and workmanship.
COVID-19 CORONA VIRUS
In March 2020 Covid-19 afflicted the UK and the government took deosive action. During the Cov4d-
19 epidemic the Charity took the decision to adhere to all government advi￿ and guidelines as
advised. During this period, the following attiofts were taken
As the pandemic ebbed and flowed, the site was closed and opened as per govemment
instructions in agreement with local tiering.
All Confe￿nang activity was cancelled or postponed. apart from when restrittion allowed
trading to take place under controlled work environments.
Non-essential staff were furloughed following an operational review and an extraordinary
meeting of Trustees. This supported the charities operational costs and prevented the 10s5
of staff. Operational reqU1￿ments were reviewed monthly.
Enhanced financial controls were put in pla￿. suspension of all budgetary activity apart from
key operating costs, salarie5. and key missionary giving.
The pandemic imparted fundraising (congregational giving) and income from conferenong.
The financial position Is monttored on a month-by-rnonth basis. The charity has rnet its
budget for 2021. The charity has set a pessimistic budget for 2022 in light of a year of
recovery.

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees for the year ended 31 December 2021
Objectives and activities
l. The advancement of Christian faith.
2. To relieve poverty. hardshipi sickness and disease.
3. To asslst in the treatment of those in need.
4. To promote the interests of soclal welfrdre amongst adults, children and young people
thmugh artivities such as community café, Domaine youth works, children's ministries,
Splash Time. a parent and toddler group. In addition. we partner with Kidz Klub, Teen
challenge and Christians against Poverty, Make Lunch. Missional Generation, Resurgo
(Spear) and Zarach who are all artive within the vicinity of the Church.
5. The church offer5 its facilities for hire by extemal organisations such as the NHS, other
businesses and other Church groups.
When reviewing the aims and objetts of the Charity, and planning future activities. the Trustees are
compliant with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit
guidance published by the Commission.
Achievements and performance
The charity achieved the following objectives in line wlth tts charitable objectives-
l. The Church has continued to deliver its ministry in its facility on Rider Street, Burmantofts
through a combination of online broadcasting and in sltu gatherings. the latter returning as
Covit1-19 restrictions were lifted in 2021 and 2022.
2. Conferenang and room hire continued during the year at considerable reduced levels under
Covid-19 safe working arrangements. Following the lifting of Covid-19 restrictions
conferencing and room hire has started to recover and is showing signs of growth and
5tsbilisation.
3. Core church activities initially ceased in the building during the various lockdown phases for
adult, youth. and children's streams. Delivery of cong￿gatIOnal services was taken online
with a return to making use of the facility with a reduced capacity adhering to gOvern￿ent
guidelines as restriction were lifted by the government.
4. The Discipleship track {the ALPHA course) was taken online and proved to be effettive. The
format was changed to suf£ online delivery and has recently returned to an in-house format.
A new CAP (Christians Against Poverty) debt manager was appointed in the year gone. This
facilitated the return of debt counselling in line with Covid-19 restrittions. Sadlyi the new
manager has taken up a role at C4P Headquarters ￿S￿lting in a review of debt counselling
with the outcome still to be deaded.
5. Locally the Church continues to partner with charities Kidz Klub, Resurgo {Spearl and Zarach
to reach the local community. During the pandemic BCC assisted in the distribution of food
parcels to local residents and has subsequently teamed up with Zarach to offer food aid to
the local community.
6. In line with the core church activity timelines Youth & Children's ministry has re-commenced
and the church has appointed two new youth workers following a restructure of the Youth
and Children's department.

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees for the year ended 31 December 2021
Achievements and Performan￿ (contlnued)
7. During the last year the children and youth ministry have moved from uploading sessions
online and social media to be watched at home, to having 230 places each Sunday for the
children and youth to come back fa￿ to facel This has been a slow process as we have kept
to Governfflent guidelines but now all our pla￿ are fully booked each Sunday.
At the Sunday sessions children meet in departments which cater for 2 years - 18
year5. The activities in the groups varies according to the age but always include5
games, fiJn, worship¢ Bible teaching and small group discussions where we want our
children to leam to Love God. Love Others and Love life. Using multimedia and
teaching from our amazing group of staff and volunteers the children a￿ known,
engageij and very enthusiastic about attending each weekl The weekly sessions are
backed up by social events:
The Youth have held events that include 5portsi golfing, trampolining, games night,
chill and chat, film nights. study and chill events in the school holidays. The children
have had Messy Church Events. Family Film Nights. family days out to the beach,
Family Fun Day on site and so much more.
Each week we also deliver 6 Splashtime sessions (pa￿ nt. carer baby and toddler
group) to families in the community. This is a lifeline to many parents who come
twice each week. He￿ the parents rnake friends, are supported by the team, children
play and socialise with others while learning many skills. From this families are
invited to attend other activities and events that the church provides, such as the
Food Aid servi￿. Messy church, Film nights, ESOL classes etc.
BCC has a growing number of families who we engage with who have a child with
additional needs. To be able to provide a group twi￿ each month for those with
severe needs, supporting those who have needs but who can manage to be in the
larger groups and supporting the family is a growing area of our work.
The Child￿n and Youth Ministry is thriving and as we canl get everyone in who
really wants to come, we are now focusing on developing another service at 4pm
each week, with Children and Youth sessions, to allow more 2-18 years olds to attend
each Sunday. It is a privilege to have $0 many children and young people who want
to come and we are amazed at all that God is providing for us in so many ways. We
are blessed to be a blessing in LS9, Leeds and across the world as we continue to
welcorne families from over 99 nationsl
Splash Time (parent and toddler group) has recommenced. this has seen a return of
families making use of the sessions delivered from the premises of BCC on a weekly
basis. The session runs Tuesday-Friday in the morning and Iy40 aftemoon sessions
are also provided.
8. The ministry to young adults (18-35-year olds) has returned with various activities, including
teaching, soaal aLtivities, and online hangoLts. It has been tremendous to see how this
ministry has grown and is reaching more young adults.
9. Missionary support and activity continue to take place led by the mission's team. A long term
missionary has returned to Leeds from Ghana following years of service with WEC. The
missions team continue to support local community through The Welcome. a shop in the
Lincoln Green shopping precinct.
10. The move to Churchsutte an administrative software platform has especially supported the
activities of the church during Covid-19. by supporting track and trace, ticketing of
gatherings and communication with congregation.
11. Following the establishment of a diversity team, the leadership of the church has engaged
with an outside provider to undertake training and education in Cultural intelligence and
incluslve leadership.

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees for the year ended 31 December 2021
Alms and objectlves for 2022 onwards
Our vision is to grow as a biblically functioning community throughout the city of Leeds. Our
objectives for the forthcoming year indude-
l. Establish a second servlce to accommodate cOng￿atIOn growth and the need to support
increased numbers in the Child￿n,$ and Youth ministry.
2. Continue to develop and grow the Young Adult ministry.
3. Improve the way we appreaate, care and support volunteers that seNe the BCC church
family.
4. To see Burmantofts and Lincoln Green transformed through our links with local schools (St
Peters and Shakespeare in particular) via the netr40rk of families, the Bumiantofts shop, The
Welcome. and ongoing partnership with Teen Challenge and CAP.
5. Continued development of Splash Time and the reaching out to families in the local
neighbourhood following the lifting of Covid-19 restrictions.
6. Work with our partner organisations to reach and support the local community.
7. Increase the pastoral care team within the thurch communty, to better serve the
congregation.
8. Create and implement an ongoing Leadership Development Programme for stsff and
volunteers.
9. We will continue to develop our employees through training and education.
10. Undertake activity to implement digital ways of working throughout the fflinistries of the
church.
The objects stated above are outworked In the activities set out below
l. The Church has a regular attendance of around 800-1,200 adults and children through a
single service on a Sunday. Each person is developed in their Christian faith by regular
meetings. small groups. prayer meetings, bible stud.y and a variety of artivities to enhance
their christy.an faith.
2. The Charity. through the ministries of The Church aims to bring change to various
communities and provide services in pastoral care and counselling. In addTtion, it supports
overseas workers in India, Holland/Germany. Kenya. and several other countries along WTth
support for organisations financially %yho share the objettives of the charity through our
missions giving-
3. The Church serves a multicultural congregation and gives support to many from across the
Nations. It also serves those disadvantaged within 500ety and alms to increase their social
integration into the church community.
4. The charity promotes the interests of soaal welfare amongst adults, child￿n, and young
people directly or through partnering with other charities that share the same objectives
such as Kidz Klub, Teen Challenge. Christians Against Poverty (CAP). Zarach, Spear and it
offers its facilities for use by extemal organisations.

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees for the year ended 31 December 2021
Financial revlew
The Trustees are satisfied with the charitable group's financial perf0mlan￿ for the year ended 31
December 2021.
During the year totsl income of the charity and its subsidiaries amounted to £896.138 12020 as
restated £1,165, 137) and total expenditljre of the charity and its subsidiaries totalled £1,239.095
(2020 - £1.207,552).
Net expenditure for the yeartotalled É342,957 (2020 as restated - £42.415)- Excluding depreciation
net expenditure totalled £47,175 (2020
net income of £253.367).
At the balance sheet date. the gr￿p had total consolidated fvnds of £11,211,670 (2020 as restated
£11.558,805). The Trustees consider that the financial position of the charity is satisfartory.
The trading subsiiiiary companies, BSPC Trading Limited. and BCC Leeds Trading Ltd. provide
conference facilities. let out rooms, car-parking spaces and provide other Servi￿5.
PTior year adjustment
A prior year adjustment, increasing opening restricted reserves by £77.000 and reducing opening
general reserves by £12.607 has been posted and details of this adjustment is included in note 19
to the financial statements. As this adjustment is to restritted funds the prior year adjustment has
no impact on the free reserves of the charity.
Reserves policy
The charity had free reserve5 of £296,960 at 31 De￿mber 2021 (2020 as restated £321.501).
The Trustees have established a policy whereby the free reseNes hel¢J by the chartty should be
equivalent to 3 months. forecast running costs (approximately £215,000). The free reserves are
currently above this and the Twstees are satisfied with their current level.
Statement of disclosure to the auditor
The Trustees of the company who held office at the date of approval of this annual report confirm
that:
so far as they a￿ aware. there is no relevant audit information, information needed by the
company's auditors in connertion with preparing their report, of which the company's
auditors are unaware- and
they hove taken all the steps that they ought to have taken as Trustees in order to make
themselves aware of afty relevant audit information and to establish that the company's
auditor5 are aware of this information.
Auditors
Azets Audit SeNices Limited were appointed auditor to the Charity following their acquisition of the
trade of Garbutt & Elliott Audit Limited on l December 2021. Azets Audit Services Limited have
indicated their willingness to stand for reappointment at the forthcoming Annual General Meeting.
statement of Trustees responsibilities
Charity law requires the Trustees to prepare finanaal statements for each financial year whlch give
a true and fair view of the state of affairs of the charity as at the end of the financial year and of the
surplus or deficit of the charity for that period. In preparing those financial statements the Trustees
are required to-
select suitable accounting poliaes and then apply them consistently:
obseNe the methods and prinaples in the Charities SORP:
make judgments and estimates that are ￿asonable and prudent-
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
prepa￿ the financial statements on the going concem basis unless it is inappropriate to
presume that the charity will continue in business.

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Report of the Trustees ft•r the year ended 31 December 2021
7he Trustees are responsible for keeping proper accountlng records whlch disdose wlth reasonablè
accuracy at any time the financial posiuon of the charity ènd eftable them to ensu￿ thèt thÈ finanoal
statements comply with the Companies Art 2006. They are a150 responsit¢le for safeguardlng.the
ssets of the charity and hence for takfjng reasonable step5 for the prevention and detettion of fvaud
and other Irregularities.
Small Eornpany rules
Thls report has been prépared In accordance with the spÈcial pmvtsions relabrbg to tompanles subJecL
to the small companies re9ime within Part 15 of the Companies kt 2006.
Approved by the
5 and signed on their behalf by:
Chalr of Trnstees
1.&.19(4
io

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Independent Auditor's Report to the Members of Bridge Street
Pentecostal Church
Opinion
We have audited the financial statements of Bridge Street Pentecostsl Church Y4hich comprise the
statement of financial activity, charity and consolidated balance sheet, consolidated statement of
cash flows and the notes to the finanaal statements. including a summary of significant accounting
policies. (the -parent charityl and its subsidiaries (the "group? for the year ended 31 December
2021. The financial reporting framework that has been applied in their p￿paratIOn is applicable law
and United Kingdom Accounting Standards. including Finanaal Reporting Standard 102.. The
Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Prartice).
In our opinion, the financial statements:
give a true and fair view of the state of the group's and parent tharitable company's affairs
as at 31 December 2021 and of its income and expenditure for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Prartice.
have been prepared in accordan￿ with the reqU1￿ments of the Cornpanie5 Act 2006.
Basis for opinion
We condurted our audit in accordance with 1nternab.onal Standards on Auditing (UK) {ISAs (UK))
and applicable law. Our responsibilities under those standards are fijrther described in the Auditorfs
responsibilities for the audit of the financial ststements section of our report. We are indeper)dent of
the Charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtalned is suffficlent and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have conduded that the Trustees, use of the going concern
basis of accounting in the p￿pa￿tIOn of the finanaal statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively. may cast signifjcant doubt on the charity's and
its subsidiaries, ability to continue as a going concem for a period of at least twelve months from
when the financial statements are authorised for issue. Our responsibilities and the responsibilities
of the Trustees with respect to going concern a￿ described in the ￿levant settions of this report.
other information
The Trustees are responsible for the other infom)ation. The other information compri5e5 the
information included in the annual report other than the financial statements and our auditorfs report
thereon. Our opinion on the financial statements does not cover the other infomation and, except
to the extent otherwise explicitly stated in our ￿pOrt. we do not express any form of assurance
conclusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other
information and, in doing so. consider whether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to detemiine whether there is a material misstatement in the financial statemer)ts or a
material misstatement of the other inforniation. If. based on the work we have performed, we
conclude that there is a material misstatement of thi5 other information, we are required to report
that fact.
We have nothing to report In thls regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the infom)ab"on given in the Tru5tees' report for the financial year for which the financial
statements are prepared is consistent with the financial statements. and
the Trustee5' report has been P￿ pa￿￿ in accordance with applicable legal requirements.
li

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Independent Auditor's Report to the Members of Bridge Street
Pentecostal Church (continued)
Matters on which we are required to report by ex￿ptIOn
In the light of the knowledge and understanding of the group and the parent charity and its
environment obtained in the course of the audit. we have not identified material mi5Statements in
the Trustees, Annual Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion:
adequate accounting records have nol been kept by the parent charity or retums adequate
for our audit have not been received from branches not visited by u5-
the parent charity's financial statements are not in agreement with the accounting ￿e0rdS
and returns:
certabn disclosures of Trustees. remuneration specified by law a￿ not made. or
we have not obtained all the infomiation and explanations necessary for the purposes of our
audit.
Responsibilities of the Trnstees
As explained more fully in the Trustees, responsibilities statement. the Trustees are responsible for
the preparation of the financial statements and for being Satisfied that they give a true and fair view,
and for such internal control as they deterrnine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements. the Trustees a￿ responsible for assessing the group's and the
parent charity's ability to continue as a going concern, disclosing* as applicable, matters related to
going concern and using the going concem basis of accounting unless the Tnjstees etther intend to
liquidate the group or the pa￿nt charity or to cease operations, or have no realistic altemative but
to do so.
Our responsibilities for the audit of the financial statements
Our objertives are to obtain reasonable assuran￿ atx)ut whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error. and to issue an auditorfs report
that includes our opinion. Reasonable assuran￿ is a high level of assurance. but is not a guarantee
that an audit condutted in accordance with ISAS {UK) will always detect a material rnisstaternent
when it exists. Misstatements can arise from fraud or error and are considered material if,
individually or in the agg￿gate. they could reasonably be expected to Influen￿ the economic
decisions of users taken on the basis of these finanaal statements.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Counol's website at: www.frc.org.uklauditorsresponsibilities. This description
forms part of our auditor's report.
Extent to which the audit was capable of identifying irregularitie5, including fraud
We identified areas of laws and regulation5 that could reasonably be expected to have a material
effect on the financial statements from our general commercial and sector experien￿, through
disCUSSlOn Wlth the Directors and other management, and from in5pertion of the charitable
company's regulatory and legal correspondence. We discussed with the Trustees and other
management the policies and procedures regarding compliance with laws and regulations. We
communicated identified laws and regulations throughout our teaFn and remained alert to any
indications of non-compliarbce during the audit.
rhe charitable company and its Subsidiaries are subjert to laws and regulations that directly affect
the financial statements including financial reporting legislation (including related companies and
charities legislation), pensions legislation, taxation legislation and further laws and regulakn'ons that
could indirectly affect the financial statements. comprising environmental, health and safety and
employment legislation, and, in the current climate, Covid-19 regulations. We assessed the extent
of compliance with these laws and regulations as part of our procedures on the related financial
12

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Independent Auditor's Report to the Members of Bridge Street
Pentecostal Church (continued)
statement items. Audrting stsndards limit the required audit prO￿￿￿re5 to identlfy non-complian
with these laws and regulations to enquiry of the Trustees and other management and inspection of
regulatory and legal correspondence, if any. These procedures did not identify any potentialfy
material actual or suspected non-complian￿.
To identify risks of material misstatement due to fraud we considered the opportunities and
incentives and pressures that may exist within the charitable company to commit fraud. Our risk
assessment procedures induded: enquiry of Trustees and other management to understand the high
level policies and procedures in place to prevent and detect fraud, reading Board minutes and
considering performance targets and incentive schemes in Pla￿ for management.
We
communicated idenlified fraud risks throughout our team and remained alert to any indications of
fraud during the audit.
As a result of these procedures we identified the greatest potential for fraud in the following areas:
income recognition and in particular the risk that income is recognised in the wrong reporting
period;
Income given with restriction is not correctly recognised as stjch;
that cash donated at Sunday Services may not have been fully recorded due to
misappropriation: and
5ubjertive accounting estimates such as the valuation of speaalist freehold properties.
Fraud risks arise due to having cash in the charitable company and due to a potential desire to
present differing results to support the strategy of management and Trustees.
As required by auditing standards we also identified and addressed the risk of management override
of controls.
We perfornied the following pmcedures to address the risks of fraud identified:
identifying and testing high risk journal entries through vouching the entries to supportin9
documentation. ond
assessing significant accountlng estimates for bias; and
testing the ￿COgnIts.On of income and in partiojlar that it Was appropriately recognised or
deferred. and
testing tlie control environment around cash takings, including segregation of duties and
daily cash reconciliatlons- and
review of minutes of Trustee meetings.
Owing to the Inhe￿nt limitations of an audit. there is an unavoidable risk that we rnay not have
detected some material misstatements in the financial statements. even though we have properly
planned and perfomied our audit in accordance with audrting standards. For example, the further
removed non-compliance with laws and regulation5 15 from the events and transartions reflected in
the financial statements, the less likely the ]nhe￿ntlY limited procedures required by auditing
standards would identify it.
In addition, as Wlth any audit, there remained a higher risk of non-detection of fraud, as these may
involve collusion, forgeryi intentional omissions. Mis￿presentatIOns, or the override of internal
controls. Our audit procedures are designed to detett material misstatement. We are not
responsible for preventing non-complian￿ or fraud and cannot be expected to detect non-
compliance with all laws and regulations.
13

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Independent Auditor's Report to the Members of Bridge Street
Pentecostal Church {continued)
Use of our report
This report is made solely to the Charity's member5, as a bodys in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
Charity's members those matters we are requI￿d to state to them in an auditor's report and for no
other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to
anyone other than the Charity's members as a body* for our audit work, for this report, or for the
opinions we have formed.
A/Ark6/6
Laura Masheder {Senior Statutory Auditor)
For and on behalf of Azets Audit SeNices Limited
2610912022
Triune Court
Monks Cross Drive
York
Y032 9GZ
14

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Consolidated Statement of Financial Activities
for the year ended 31 December 2021
As
restated
Total
2020
Unrestrlrted Restrlcted Deslgnated
Funds
Fundg
Funds
Total
2021
Income from:
Donztions and legacies
other Charltable A¢tfvtt6es
704,220
119,198
704.220
119,198
860,731
218,483
other trading activAtles."
Trading activities
Invest•nent&'
Interest Re￿[vable
Total Income
72.689
72,689
85,492
31
31
896 138
43L
1 165 137
Expendlture on:
Ralsln9 funds."
Trading artivities
Charitable activlties
Total e
enditure
134,917
795 120
930 037
134.917
239.130 1 104 178
239 130 1 239 095
138,472
1.069 080
1 207 552
Net ex
endlturt
Taxation
Net movement Sn funds
Transfers betheen funds
Fund5 brou
ht forward
Funds carried for4Yard
342 957
(38,077)
{69.928}
{239,130) {347,135)
144,347)
720 935
10 760 870 11 558 ￿15 11 603 152
10521 740 11 211 670 11 558 805
13
The notes on pages 19 to 31 forni part of these Finanoal Statements.
All income and expenditure derive from continuing activities.
A fully detailed Statement of Financial Activities for the year ended 31 December 2020 is shown in note 20
of the financial statements.
There were no recognised gains and losses for the year to 31 December 2021 and for the year to 31
December 2020 other than those in the statement of financial attivities.
The statement of financial activities also complies with the requirements for an income and expenditure
accounts under the Companies Act 2006.
15

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Charity Balance Sheet as at 31 December 2021
As rertated
31
Decernber
2020
Notes
31
December
2021
Pixed assets
Inv&tments
Tangible fixed assets
io
10.909,140
11,147,934
Current assets
Debtors
Cash at bank and In hand
Total current assets
li
22.517
281 816
304.333
113,249
314 359
427.608
Llabllities
Credltors falling due
withln one eèr
Nel current assets
12
281,483
401.116
Net assets
11 190624
11 549 051
Ftsnds:
Restrlcted funds
Unrestricted fund$
General funds
Desi
nated fund
Total charl
funds
77,000
668.884
10 521 740
11 190 624
711,181
10 760 870
11 549 051
14
The financlal st4tements whith have been prepared in accordan￿ with the spectal provisrons relating
to companies subjett to the small compan4És regime within Part 15 of the Companies Art 2006 were
approved by the TrU￿ee$ and signed on its bthalf.
Mr Craig Inwood
Chalr of Trustees
The notes on pages 19 to 31 fom part of these finanoal statemen
Company Number: 05855166
16

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Consolldated Balance Sheet as at 31 December 2021
As restat•d .
31 December
2020
Notes
31 December
2021
Fixed assets
Tangible fTxed assets
io
10.914.710
11,160,304
Current assets
Debtors
Cash at bank and in hand
Total current assets
li
35.673
298 928
334,601
81.319
361 $08
442,827
Llabillties
Credltors falling due
within one
ear
Net current assets
Iz
296.960
396,501
Net assets
11 211670
11 558 805
Funds:
Restrlcted funds
13
Unrestrfcted funds:
General fun¢Js
Desi
nated Funds
Total tunds
689,930
10.521 740
11 211 670
720,935
10 760 870
11 558 805
13
The finanoal statements which have been prepared In accordance with the special provisions relating
to companies subjett to the small mrnpanies regime wlthln Part 15 of the Companles Att 20D6 were
approved by the Trustees and *gned on its behalf.
Mr
raig
nwoo
Chalr of Trustees
Dats: .
L61. 9.1 i<....
The note% orh pages 19 tt> 31 form part of these finandal statements.
Company Number. 05855166
17

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Consolidated Statement of Cash Flows
for the year ended 31 December 2021
Restated
2020
Note
2021
Cash flows from operating activities:
16
(12.423)
iio,ooi
Cash flows from investing activities:
Purchase of fixed assets
Loss on disposal of fixed assets
Interest received
Net cash used in investin
(50.188)
(16,382)
2,677
431
31
activities
(Decrease) / Increase in cash and cash equivalents
Cash and cash e
uivalents at the be
innin
of the
Total cash and cash e
uivalents at the end of the
(62,580)
361 508
298 928
96,727
264 781
361 508
ear
ear
18

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
Accounting polldes
The principal accountin9 poliae5 adopted, Judgements and key sources of estimation Un￿rtaInty in the
preparation of the ffinancial statements a￿ as follows-
Company inforniatlon
Bridge Street Pentecostal Church is a Company Limited by Guardntee under ￿giStratIon 05855166 and
is also a registered charity in England and Wales under registration number 1115680. The registered
office is Bridge Community Church, Rider Street, Leeds, LS9 7BQ. The goveming document of the
company is its Memorandum and Articles of A550ciation. The Company is a Registered Charity without
share capital. The liability of members. in the event of winding Upi is limited by guarantee in an amount
not exceeding £1 per meFnber.
Basi5 of preparatlon
The financial statements have been prepared on a going concern basis in accordance with Accounting
and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their
financial statements in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effertÉve l January 2019) (Charities SORP(FRS 102)), the Financial
Reporting Standard applicable in the UK and Ireland (FRS 102) and the Companies Art 2006 and the
Charities Att 2011. The particular accounting poliaes adhered to are described below.
On the grounds that the charitable company's results are con501idated into the charitable company's
group financial statements the charitable company has taken advantage of certain exemptions conferred
by FRS 102 as follows-
Exemption from presenting a statement of cash flows as a primary statement to the financial
statements.
Bridge Street Pentecostal Church meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at cost or transaction value unless Otherwise stated in the
relevant accounting policy notes.
The financial statements are prepared in sterling which is the functional currency of the group.
Monetary amounts in these financial statements are rounded to the nearest £1.
Group financial statements
The financial statements consolidate the results of the charity and its wholly owned subsidiaries BSPC
Trading ￿rnited and BCC Leeds Trading Ltd. on a line by line basis. A separate Statement of Financial
Activities or Income and Expenditure Account for the charity is not presented because the Charity ha5
taken advantage of the exemption afforded by section 408 of the Companies Act 2006. The amount of
the surplus or deficit for the year dealt within the charity's financial statements is disclosed in note 18.
Going COn￿rn
The Trustees have at the trme of approving the financial statements a reasonable expectation that the
charity has adequate resources to conb.nue in operalional existen￿ for the foreseeable future. Whilst
the global economy has been significantly imparted by the COVID-19 virus, the charity still has
considerable reserves, sufficient to meet its immediate requirements. Thus the Trustees have continued
to adopt the going con￿rn basis of accounting in preparing the financial statements.
Income
Income represents all resources which become available to the charity but excludes realised and
unrealised gains on investments.
Grants, legaoes and donations and income tax recoverable on gift ald donations are recognlsed when
the charity becomes entitled to receive the funds, when it is probable that the funds will be re￿iVed
and that they can be measured with sufficient reliability.
19

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
Accounting Policies (Cont.)
Income
Investment income is recognised on an accruals basis and comprises interest receivable during the
accounting period.
In accordance with the Charity SORP and FRS 102 the value of seN1￿$ provided by general volunteers
Is not included.
Expenditure
Expenditure represents all costs Incur￿ In the course of the charity's activities but excludes losses on
investments. It is included in the Statement of Financial Artivities fsoFA? on an accruals basis inclusive
of any VAT that cannot be recOVe￿d and has been classified under headings that aggregate all costs
related to the category.
All dirett costs have been allocated across the functional categories of resources expended in the
Statement of Financial Activities.
Charitable activity
Charitable activity costs comprise those directly attributable to the delivery of the charitable artivities
of the church.
Support costs
Support costs comprise of all non-attributable costs induding Finance. Human Resources, and
Information Technology. These costs have been allocated across charitable attivities on the basis of
time spent.
staff costs
The costs of short-temi employee benefits are recogni5ed as a liability and an expense where settlement
of obligations does not fall within the same period.
Fund accountln9
Funds held by the charitable group are either:
Unrestricted fvnds - these fijnds can be used in accordance with the charitable objects at the discretion
of the Trustees.
Restrlcted funds - these fvnds can only be used for particular restricted purposes within the objects of
the Charity. Restrictions arise when specified by the donor or when funds are raised for particular
stricted purposes.
Designated fund - these frJnds have been set aside by the Trustees for specific purposed.
Tangible fixed assets
Individual assets costing more than £200 are capitalised and induded at cost, or in cases where fixed
assets have been donated to the Church. at valuation at the time of acquisltion. In cases where the
historic cost has been unable to be obtained a pool value has been ascribed.
Depreciation is calculated to write off the Cost of fixed assets (less expetted residual value) by equal
instalments over their expetted useful economic lives as follows..
Motor vehicles
Fixtures, fittings and equipment
25% straight line
20% - 50Wo Straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sales
proceeds and the carrying value of the a55et and is credited/charged to the SOFA.
Specialist freehold land and buildings used in the course of meeting the objects of the charity are
included at depreciated replacement based on a valuation provided by an independent qualified
suNeyor.
20

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
Accountlng Policies (Cont.)
Tangible flxed assets {continued)
Other freehold land and buildings are held at depreciated costs.
Freehold land is not depreciated.
Financlal Instruments
The group has elected to apply the provislons of Section 11 'Basic Finanoal Instruments, and Section
12 '0ther Financial Instruments Issues. of FRS 102 to all of its finanoal instruments. The Charity only
has financial assets and liabilities of a kind that qualify as basic financial instruments in accordance with
section 11 of FRS 102. Basic financial instnjments are initially recognised at transaction value and a
subsequently measured at their settlement value.
Cash at bank and in hand
Cash at bank and cash in hand indudes cash and short temi highly liquid investments with a short
maturity held for working capital. Any bank overdrafts are shown within borrowing in current liabilities.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid.
Financial assets, other than those held at fair value through profit and loss, are assessed for Sndicators
of impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that, a5 a result of one or more events
that occurred after the initial recognition of the financial asset. the estimated future cash flows have
been affected. Any impaim)ent loss is recognised in the Income and expenditure account.
Creditors. loans and provlsions
Creditors, loans and provisions are recognised where the charitable group has a present obligation
resulting from a past event that will probably result in the transfer of funds to a third party and the
amount due to settle the obligation can be measured or estimated reliably. Creditors, loans and
provisions are nomially recognised at their settlement amount after allowing for any trade discounts
due.
Financial liabilities are only derecognised when. and only when, the charity's obligations are discharged,
cancelled or they expire.
Amounts recognised as provisions are best estimates of the consideration required to settle the present
obligation at the repK>rting erbd date. taking into account the risks and uncertainties surrounding the
obligation.
Pension costs
Principal staff are eligible for membership of the Elim Ministers. Pension Fund which is a defined benefit
scheme adminiSte￿d on behalf of Elim Pentecostal Churches. It is not possible to identify the Church's
share of the underlying assets and liabilities. the scheme is therefore accounted for as a defined
contribution scheme, pension costs charged in the Statement of Financial Attivities rep￿sent the
contributions paid by the church during the year.
Other defined contribution pension schemes are made available to all other staff.
One employee is a member of The Pensions Trust Growth Plan Series 4, a multi-employer money
purchase defined contribution stheme, which replaced The Pensions Trust Growth Plan Series 3 defined
benefit scheme that the employee had previously paid into. The employer contributions to the Series 4
scheme are charged to the Statement of Financial Activities each year.
21

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
Accounting Policies (Cont.)
Operating leases
Rentals payable under operating leases, including any lease incentives ￿Ceived. are charyed to the
Statement of Financial Activities on a straight-line basis over the lease term.
Taxation
Bridge Street Pentecostal Church is a ￿gIStered charity and as such is a charity within the meaning of
schedule 6 of the Finance Act 2010. Accordingly. it is potentially entitled to tax exemption under part
11 of the Corporation Tax Art 2010 or settion 256 of the Taxation of Chargeable Gains Act 1992 in
respect of income and gains arising.
Its trading subsidiarie5 are liable to corporation tax on its thargeèble profits. Current tax, including UK
Corporation and foreign tax, is provided at amounts expected to be paid (or ￿Covered) using the tax
rates and laws that have been enarted or sub5tanlially enacted at the balance sheet date. As all profits
arising in the subsidiaries were gift aided to Bridge Street Pentecostal Church in both the CUr￿At and
prior financial year. no corporation tax arises.
Crltical accountin9 estimates and Judgements
In the application of the gmup's accounb.ng polioes. the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabillties that are not readily
apparent from other sources. The estimates and associated assumptions a￿ based on historical
experience and other fartors that are considered to be relevant. Actual results rnay differ from these
estimates.
The estimates and undedying assumptiorTrs are reviewed on an ongoing basis. Revisions to accounting
estimates are ￿CogniSed in the ￿rIOd in which the estimate is revised, if the revision affects only that
period, or in the period of the revision and future periods if the revision affects both current and future
periods.
The estimates and assurnptions that have a significant risk of causing a material adjustment to the
carrying amount of a55ets and liabilities are outlined below.
Critical judgements
Depreciation of Tangible Assets."
Depreciation polioes have been set according to management's eXperIen￿ of the useful Ilves of the
assets in each categoryi something that is reviewed annually.
The Trustees have revalued the freehold land and buildings which are utÉlised operationally by the churdi
on a depreciated replacement cost basis. Given the specialist nature ofthe operational land and buildings
this is considered the most appropriate basis of valuation. Depreciated replacement cost represents the
cost to the charity lo replace the undedying assets in their current condibon. Depreciated replacement
costs may not equate to fair market value.

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
Donations and legacie5
Unrestricted Restrirted
Funds
Funds
2021 Unrestricted Restri¢ted
Total
Funds
Funds
2020
Total
Church offerings
Legacies
Other donations
Gift-Aid on
donations
Other
585,188
762
585,188
762
605,498
124,200
5,000
605,498
124,200
5,000
106,815
106,815
115.202
115.202
704 220
704 220
860 731
860.731
The charity benefits greatty from the involvement of its many volunteers, and in accordance with FRS
102, the economic benefit of volunteer5 is not recognised in the financial statements.
Other Charitable Activities
restated restated reststed
2021 Unrestrithd Restricted
2020
Total
Funds
Funds
Total
Unrestrlrted Restrlcted
Funds
Funds
Coronavinjs job
retention scheme
LCC Covid-19 Grant
(BSPC Trading Limited)
LCC Covid-19 Grant
(BCC Leeds Itd)
Church Revitslisatlon
LCC Covid-19 Grant
Covid-19 testing centre
Room ￿ntaI
48,454
48,454
92.146
92,146
16,572
16,572
25.000
25,000
17,431
17,431
70,000
70,000
10.000
11.171
10.000
11.171
30.201
30,201
119 198
119 198
148 483
70.000
218 483
Investment income
Unrestrlrted
Funds
2021
Total
Ilnrestrlrted
Funds
2020
Total
Interest receivable:
Bank interest
31
31
431
431
23

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
Expendlture
Basls of
allocation
Cost ol ralslng
fvnds
Mlnistry and
missions
2021
Total
Costs directly allocated to activities:
Dirett staff costs
Home and foreign missions
Other ministry expenses
Light and heat
Rent, rates and water
Insurance
Repairs and security
Caterlng expenses
Training and development
Telephone
Travel and parking
Motor expenses
Cleaning and incidentals
De reetation
Direct
Direct
Direct
Direct
Direct
Dirert
Dirert
Dlrert
Dlrert
Direct
Direct
Direct
Direct
Direct
53,019
206,813
100,283
15,644
39,217
15,159
21,915
78,944
2,260
9,157
8,371
56
1,190
15,899
284,331
799 239
259,832
100,283
15,644
40,188
16,642
22,345
89,379
2,260
9,157
8,611
56
1, 190
16.240
295 782
877 609
971
1.483
430
10.435
240
341
Support Costs allocated to activitles:
Support staff costs
Legal and professional
Administration expenses
Audit and accountancy
Miscellaneous
urchases
Staff time
Direct
Usage
Direct
Direct
246,984
246,984
548
73,694
10,380
548
41.104
1,500
32,590
8,880
304 939
1 104 178
361 486
1 239 095
134 917
Included within home and foreign mlssjons expenditure of £100.283 is restrirted expenditure of £69.928. All
other expenditure is unrestrirted.
24

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
5. Expenditure (Continued)
Basis Qt
allocation
Cost of rnising
funds
Ministry and
Isslons
2020
Total
Costs directly allocated to actlvlties:
Direct staff costs
Dirert
Home and foreign missions
Direct
Other ministry expenses
Direct
Light and heat
Dirett
Rent, rates and water
Dirett
Insurance
Direct
Repairs and security
Direct
Catering expenses
Dirert
Training and development
Dirert
Telephone
Direct
Travel and parking
Direct
Motor expenses
Direct
Cleaning and incidentals
Direct
De
reciation
Dirert
64.650
233,516
74,819
io,ioi
298,166
74,819
11,151
21,363
28,258
21,765
71,586
3,109
6,270
3.677
359
1,832
16,248
292 545
851 148
1,050
21,765
62,454
3,109
6,270
3,420
359
1,832
16,248
282 256
765 770
9,132
257
10,289
85.378
Support costs allocated to activities:
Support staff costs
Legal and professional
Administration expenses
Audit and accountancy
Miscellaneous
urchases
staff time
Direct
Usage
Dirert
Dlrect
266,668
266,668
1,104
40,463
9,558
1,104
25,792
1,500
24,698
14,671
8,058
303 310
1 069 080
356 404
1 2D7 552
138 472
All expenditure in the prior year was unrestricted.
Net Income/{expenditure) for the year
This is stated after tharging:
2021
Total
2020
Total
Audltors. remuneration:
Audit
Accountancy
4,550
1,640
4,000
1.560
De
reciation of owned assets
295 782
292 545
Trustee infomiation
The charity Trustees were not paid, reimbursed for expenses and did not re￿1ve any employee benefits
from the charity or its 5ub5idiaries in the year (2020 - £nil). No charity Tnjstee received payment for
professional or other services supplied to the charity (2020 £nil).
Staff costs
2021
2020
Staff costs in the year amounted to:
Wages and salaries
Employer's social security costs
Pension costs
486,329
26,874
33,562
546 765
559,987
29,717
625 065
25

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
Staff costs {continued}
The average number of employees during the year and analysed by function was as folloY4s.'
2021
2020
Subsidiary
Minist
Total
22
25
23
29
No employee earned In eX￿sS of £60.000 per annum during the year. (2020: No employee eamed in
excess of £60,000 per annum during the year).
The key management personnel of the parent charity and the group cornprise the Tnjstees. Stephen
Reilly, Andrew Lancaster, Andrew Lenton (until February 2021) and Bawa Leo (from September 2021).
The total employee benefits of the key management personnel of the charity were £104,560 (2020
£129,042).
9. Investments
2021
2020
Investments in subsidiaries
The consolidated Financial Statements include the reyjlts of the charitable company's wholly owned
trading subsidiaries:
BCC Leeds Trading Ltd (company number 10282646), a company incorporated in England and Wales
and limited by shares. Bridge Street Pentecostal Church owns the entire share capital in BCC Leeds
Trading Ltd.
BSPC Trading Company Limited (company number 07355760). a company incorporated in England and
Wales and limited by guarantee. Bridge Street Pentecostal Church is the sole corporate member of
BSPC Trading Company Limited.
The trading results of the subsidiaries are summarised below-
BCC Leeds Trading
2021
2020
BSPC Trading Company
2021
2020
Operating income
CJRS grant
Other
rants
Total income
Cost of sales
Gross profit
Administrative ex
Operating profit
Tax
Gift Aid donations to arent chari
Retained Profit
loss
for the
ear
110.233
10.003
107,869
16,298
1,239
11,870
137 667
124 167
9.047
115.120
107 369
7.751
124,272
114 563
9,709
17,811
21,219
enses
5,760
14,814
829
557
The assets and liabilities of the subsidiaries were-
BCC Leeds Trading
2021
2020
BSPC Trading Company
2021
2020
Fixed assets
Current assets
Current liabilities
Total net assets
5,570
29,209
18,498
16,281
12.371
27. 173
6,151
20.756
45
re
ate Sha￿ ca
ital and reserves
45
26

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
10. Tanglble flxed assets
Freehold land
& bulldlngs
Speclalrst
freehold land
& buildingg
Motor
vehlcfes
Furnlture
fittings &
equipment
Group
Total
Cost or valuation..
At l January 2021
Additions
At 31 December 2021
120,000
11.000,000
12,009
489.584 11,621,593
11 032631
507 141 11 671 781
Depreciation:
At l January 2021
Ch
e for the
ear
At 31 December 2021
239.130
239 130
478 260
12,009
210.150
461,289
295,782
757 071
Net l>ook value:
At 31 December 2021
At 31 December 2020
117.600
120 000
10,554 371
10 760 870
242 739 10 914 710
279 434 11 160 304
Freehold land
bulldings
Specialist
freehold land
& buildings
Motor
vehlcles
FUrnI￿re
fittlngs &
equipment
Charity
Total
Cost or valuatlon:
At I lanuary 2021
Additions
At 31 December 2021
120.000
11.000,000
12.009
444,857 11,576,866
11 032 631
457 764 11 622 404
Depreciation:
At l January 2021
Ch
e for the
ear
At 31 De￿rnber 2021
239.130
239 130
478 260
12.009
177,793
428,932
284 332
220 595
Net book value:
At 31 December 2021
At 31 De￿mber 2020
117,600
120 000
10 554 371
10 760 870
237 169 10 909 140
267 064 11 147 934
The freehold land and buildings at Rider Street Leeds which comprise the propeity collertively known
as Bridge Community Church, were ￿valued professionally in 2019. Due to the specialrst nature of the
assets depreciateiE replacement cost was considered to be the most appropriate basis of valuation.
Freehold land of £545,000 (2020 - £545,000) is not depreciated.
27

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
11. Debtors
Group
Charity
stated
2020
restated
2020
2021
2021
other debtors
ments
27,769
74,634
14,613
106,564
35,673
22,517
113 249
12. Creditors: amounts falling due within one year
Group
2021
Charity
2021
2020
2020
Trade c￿ditorS
Other creditors
Taxation and social security
Accruals
315
13,051
13.189
11,086
37,641
6.593
12,185
21,477
4,071
44,326
524
11.240
2,827
10,360
9,234
4,071
26,492
11,086
22,850
13. Movement in funds
Balance
l January Income Expenditure Transfers
2021
Balance
31 Decernber
2021
As at 31 December 2021
(Group)
Unrestricted funds".
Designated fund5
General funds
Total unrestricted fund5
Restricted funds
10.760,870
720 935 896 138
11 481 805 896 138
{239.130)
934 215
1 173 345
10,521,740
689 930
11 211 670
Grou
11 558 805 896 138
1.243 273
11 211 670
Designated fund relates to the fixed assets utilised by the church. The value of the freehold land and
buildings which ￿p￿sent £ll,000,000 of thi5 fund was revalued in 2019 on a depreciated replacement
costs basis as disclosed in note 10 to the Finanaal Statements.
Restricted funds relate to fvnds recelved from Church Revitalisation Trust to respond to the needs of
the most vulnerable and rnarginalised people afferted by the COVID-19 crisis in the communities within
England.
As at 31 December 2020
(Group) (as Re-stated)
Balance
l January
2020
Balance
Transfets 31 December
2020
Income Expenditure
Unrestricted funds:
Designated funds
General funds
11,000.000
603 152 1 095 137
{239,130)
970 354
10,760,870
720 935
Restrlcted funds
Grou
11 603 152 1 165 137
1 209 484
11 558 805
28

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Ststements for the year ended 31 December 2021
14. Analysls of net assets by fund
Tangible Net current
fixed assets
assets
As at 31 December 2021 (Group)
Total
Unrestricted Funds
General
Designated
Total funds
392.970
10,521,740
10 914 710
296,960
669,930
10,521,740
11 211 670
296 960
Tangible
fixed assets
Net current
assets
As at 31 December 2020 (Group)
As Restated
Unrestricted Funds
General
Designated
Restricted Funds
Total funds
Total
399,434
10.760.870
321.501
720,935
10,760,870
77,000
11 558 805
77.000
398 501
11 160 304
Within designated funds is a revaluation reserve of £2,141,938 (2020 £2,381,068) from the 2019
revaluation of the freehold land and buildings at Rider Street Leeds.
15. Related party transactions {¢harity and group)
Steve Rellly (Senior Pastor) is a Twstee of Kidz Klub, Teen Challenge UK Life Connertions and Horizon
Llfe Training. The charity made donations to these four independent charities as follows-
2021
2020
Kidz Klub
Teen Challenge UK
Horizon Life Training
Life Connections
834
500
4,170
2,000
500
Rebecca Lasseko is a Trustee of Leeds Mind. During the year BCC Leeds Trading Limited charged Leeds
Mind £180 for seryices {2020 £nil). There was £180 owed from Leeds Mind to BCC Leeds Trading
Limited al the year end (2020 - £nil).
There are no other transactions in the C￿r￿nt or previous year which requlre disclosure in the financial
statements.
15. Related party transactions (charity only)
BCC Leeds Trading Limited is the subsidiary undertaking of the charity. The Charity wharged BCC
Leeds Trading Limited £29,278 (2020 - £46,154) for staff costs and £7,992 (2020 £2,609) for
recharged expenses. All amounts recharged were done so at the cost incurred to the charity. BCC Leeds
Trading Lirnited made a covenanted donation of £5.092 (2020 - £16,510) to the church. The Church
paid 8CC Leeds Trading Limited £22.273 (2020 - £19,418) for recharged expenses.
BSPC Trading Lirnited is the subsidiary undertaking of the charity. The Charity recharged BSPC Leeds
Trading Limited £2,69412020 - E300) for recharged expenses. All amounts recharged were done so at
the cost incurred to the charity. BSPC Trading knmited made a covenanted donation of £nil (2020
£16,200) to the church.
There are no other transactions in the current or previous year which require disclosure in the financial
statements.
29

Bridge Street Pentecostal Church
Operating as Bridge Community Church
Notes to the Financial Statements for the year ended 31 December 2021
16. Reconoliation of net movement In funds to net cash flow from operating actlvltles
As re-stated
2020
2021
Net movement in fund5
(342,957)
{42,415)
AdJustments for:
Interest received
Taxation charged
Dep￿ciatIOn
Non cash fixed asset additions (legacy gift)
Decrease / (Increase) in debtors
Decrease in creditors and
rovisions
Net cash
rovided b
eratin
attivities
(31)
(4,178)
295,782
{431)
{1,932}
292.546
(120,000}
(14,312)
45,646
iio ooi
17. Reconoliation of net debt
All cashflows in the Current year originated from cash held at bank and in hand. The charity has not
used or held any extemal debt facilities in this period or the prior period.
18. Surplus/(defJcit) of the parent charitable company
As required to be disclosed by Sertion 408 of the Companies Act 2006 the deficit of the parent charitable
company for the year was £358.426 (2020 - £2,239 (deficit))
19. Prior year adjustment
Adjustments have been made to prior year figures in relation to income due from the ChLJrch
Revitalisation Fund and although not received until 2021 should have been classified as accrued
restricted income in the 2020 accounts.
This adjustment has had the effect of increasing closing funds and debtors by £64,393.
Restricted
Funds
General Designated
Funds
Funds
Total
Opening reserves as previously reported
733,542
10.760.870 11,494.412
Prlor year adjustment:
Accrued Church Revitalisation Grant {"CRG
Reclasssficats"on of CRG ￿ceiVed
ReclassÈfication of CRG 'match' funding
Restated o
enin
reserves
64.393
5,607
7,000
64,393
(5,607)
(7,000)
720 935 10 760 870 11 558 805
30