2022-12-31-accounts - Bridge Street Pentecostal Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Paya
Report ofthe Trustees.		.
Independent	Auditor's	Report.	...10
Consolidated	Statement	of Financial Activities .	...13
Charity Balance Sheet.
			...14
Consolidated	Balance Sheet.
			15
Consolidated	Statement	of Cash Flows	...16
Notes to the	Financial Statements. ..		...17

Referen	ce and A	ce and A	dministrative	Details
Charity	Number:			1115680
Company		Number:		05855166
Registered		Office:		Bridge Community	Church
				Rider Street
				Leeds
				LS9 7BQ
				Email: InfoObccleeds. org
				Website: www. bccleeds. org
Bankers:				Barclays Bank
				Leicester
				LE87 2BB
Auditor:				Azets Audit Services Limited
				33 Park Place
				Leeds
				LS1 2RY
Company		Secretary:		Currently vacant
Key management			personnel

Incorporating	e and	Expenditure	Account)
	Notes	Unrestricted Funds	Restricted Funds	Designated Funds	Total 2022	Tote I 2021
		E	F.	E	6
Income from:
Donations and legacies Other Charitable Activities		813,100 18,318	3,700		813,100 22,018	704,220 119,198
Other trading activities: Trading activities		215,966			215,966	72,689
Investments:
interest Receivable		65			65	31
Total income		1 047 449	3 700		1051 149	896 138
Expenditure on:
Raising funds:
Trading activities Charitable activities		192,458 890629	3 700	203 589	192,458 1097918	134,917 1 104 178
Total ex enditure		1083087	3 700	203 589	1 290 376	1 239 095
Net ex enditure	6	35638		203 589	239 227	342 957
Taxation		191			191	4 178
Net movement in funds Funds brou ht forward		(35,447) 689930		(203,589) 10521 740	(239,036) 11211670	(347,135) 11558 805
Funds carried forward	13	654 483		10318151	10972 634	11211670

Charity Bal	anc	e Shee	t as at 3	1Decembe	r 2022
			Notes		31December		31December
					2022		2021
					6		6
Fixed assets
Investments			9		1		1
Tangible fixed	assets		10		10,667,931		10,909,140
Current assets
Debtors			11	43,675		22,517
Cash at bank	and	in hand		274 533		281816
Total current	assets			318,208		304,333
Liabilities
Creditors falling due
within one ear			12	33 260		22 850
Net current	assets				284,948		281,483
Net assets					10952 880		11190624
Funds:
Unrestricted	funds
General funds					634,729		668,884
Desi nated fund					10318 151		10521 740
Total charit	funds				10952 880		11190624

			Notes		31December		31December
					2022		2021
							5
Fixed assets
Tangible fixed	assets		10		10,670,988		10,914,710
Current assets
Debtors				56,545		35,673
Cash at bank	and	in hand		296 304		298 928
Total current	assets			352,849		334,601
Liabilities
Creditors falling due within one ear			12	51 203		37 641
Net current	assets				301,646		296,960
Net assets					10972 634		11211670
Funds:
Unrestricted	funds:
General funds			13/14		654,483		689,930
Desi nated Funds			13/14		10318151		10521 740
Total funds					10,972 634		11211,670

				Notes	2022	2021
					6	E
Cash flows from / (used in) operating	activities:			16	11,451	(12,423)
Cash flows from investing activities:
Purchase offixed assets					(15,240)	(50,188)
Proceeds from the sale of fixed assets					1,100
Interest received					65	31
Net cash used in investin activities					14075	50 157
Decrease in cash and cash equivalents Cash and cash e uivalents at the be innin		ofthe	ear		(2,624) 298 928	(62,580) 361 508
Total cash and cash e uivalents at the end		ofthe	ear		296 304	298 928

Other Charitable A	ctivities
	unrestricted	Restricted			2022	Unrestricted Restricted		2021
	Funds		Funds		Totai	Funds	Funds	Total
Coronavirus job retention scheme						48,454		48,454
LCC Covid-19 Grant
(BSPCTrading Limited)						16,572		16,572
LCC Covid-19 Grant (BCC Leeds Ltd)						17,431		17,431
LCC Jubilee Grant			3,500		3,500
LCC Bonfire Grant				200	200
Covid-19 testing centre						30,201		30,201
Other income Room rental	2,155 16163				2,155 16 163	6 540		6 540
	18318		3	700	22 018	119198		119198
4. Investment income
						2022		2021
						Totai		Total
Interest receivable:
Bank interest						65		31
S. Expenditure		Basis of		Cost	of raising	Ministry and		2022
		allocation			funds	missions		Total
					E	E		E
Costs directly allocated	to activities:
Direct staff costs		Direct			58,478	243,919	302,397
Home and foreign missions Other ministry expenses Light and heat Rent, rates and water		Direct Direct Direct Direct			985 718	67,270 12,391 66,642 17,237		67,270 12,391 67,627 17,955
Insurance		Direct			296	20,040		20,336
Repairs and security Catering expenses Training and development Telephone Travel and parking Motor expenses Cleaning and incidentals De reciation		Direct Direct Direct Direct Direct Direct Direct Direct			6,898 24 442 6 587	73,005 9,343 15,633 7,184 234 330 24,024 252 375	79,903 9,343 15,657 7,626 234 330 24,024 258 962
					74 428	809 627	884 055
Support costs allocated	to activities:
Support staff costs Legal and professional Administration expenses Audit and accountancy Miscellaneous urchases		Staff time Direct Usage Direct Direct			884 76,600 1,540 39006	236,683 22,336 8,730 20 542	236,683 884 98,936 10,270 59 548
					118030	288 291	406 321
					192458	1 097918	1 290 376

Notes to the Financial S.Expenditure (Continued)	Statements for t	he year ended	31December	2022
	Basis of	Cost of raising	Ministry and	2021
	allocation	funds	missions	Total
		E	E	E
Costs directly allocated to	activities:
Direct staff costs	Direct	53,019	206,813	259,832
Home and foreign missions	Direct		100,283	100,283
Other ministry expenses Light and heat Rent, rates and water Insurance	Direct Direct Direct Direct	971 1,483 430	15,644 39,217 15,159 21,915	15,644 40,188 16,642 22,345
Repairs and security Catering expenses Training and development Telephone	Direct Direct Direct Direct	10,435 240	78,944 2,260 9,157 8,371	89,379 2,260 9,157 8,611
Travel and parking Motor expenses Cleaning and incidentals De reciation	Direct Direct Direct Direct	341 11451	56 1,190 15,899 284 331	56 1,190 16,240 295 782
		78 370	799239	877 609
Support costs allocated to	activities:
Support staff costs Legal and professional Administration expenses	Staff time Direct Usage	548 41,104	246,984 32,590	246,984 548 73,694
Audit and accountancy	Direct	1,500	8,880	10,380
Miscellaneous urchases	Direct	13,395	16485	29 880
		56 547	304939	361486
		134917	1 104 178	1 239 095

All other expenditure is unr	estricted.
6. Net (expenditure)	for the year
This is stated after charging:		2022 Total	2021 Total
		E	E
Auditors' remuneration:
Audit		5,700	4,550
Accountancy		1,900	1,640
De reciation of owned assets		258 962	295 782
7. Trustee information

Staff c	osts
			2022	2021
			E	E
Staff costs Wages and Employer's	in the year amounted salaries social security costs	to:	544,672 30,941	486,329 26,874
Pension costs			32 250	33 562
			607 863	546 765

2022	2021
E	E

and limited by shares. Trading Ltd.	and limited by shares. Trading Ltd.	and limited by shares. Trading Ltd.	Bridge St	Bridge St	reet Pente	reet Pente	costal Church owns the entire sh	costal Church owns the entire sh	costal Church owns the entire sh	are capital in	BCC Leeds
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 BSPCTrading Company				Limited.
The trading results	ofthe subsidiaries					are summarised below:
							BCC Leeds Trading 2022 2021		BSPCTrading 2022		Company 2021
							E	E		E
Operating income							217,725	110,233		4,727	1,239
C)RS grant Other rants								10,003 17431			16572
Total income							217 725	137,667		4,727	17811
Cost of sales							39006	13395
Gross profit Administrative ex		enses					178,719 149882 124,272 109471			4,727 3 570	17,811 12051
Operating profit Tax							28,837	14,801 3 139		1,157 191	5,760 1 039
Gift Aid donations		to	arent charit				30 128	5 092		1 348
Retained I oss	/	rofit		for the	ear		1,291	6 570			4 721
The assets and liabilities ofthe subsidiaries							were:
							BCC Leeds Trading 2022 2021		BSPCTrading 2022		Company 2021
							E	E			E
Fixed assets Current assets							3,057 50,164	5,570 29,209		6,654	6,151
Current liabilities							38231	18498		1888	1 385
Total net assets							14990	16281		4 766	4 766
A re ate share	ca		ital	and reserves			14990	16281		4 766	4 766

Notes to the Financial Stat	Notes to the Financial Stat	ements	for the year	ended 3	1December	2022
10. Tangible fixed assets Freehold		land	Specialist	Motor'	Furniture
Group	a buildings		freehold land a buildings	vehicles	fittings a equipment	Total
			6
Cost or valuation:
At 1 )anuary 2022 Additions	120,000		11,032,631	12,009	507,141 15,240	11,671,781 15,240
Dis osals				12,009	19,226	31235
At 31 December 2022	120 000		11032 631		503 155	11655 786
Depreciation: At 1)anuary 2022		2,400	478,260	12,009	264,402	757,071
Disposals Char e for the ear		2 400	205,220	(12,009) -	(19,226) 51 342	(31,235) 258 962
At 31 December 2022		4 800	683480		296 518	984 798
Net book value:
At 31 December 2022	115200		10349,151		206 637	10670 988
At 31 December 2021	117600		10 554 371		242 739	10914710
	Freehold land		Specialist	Motor	Furniture
Charity	a buildings 6		freehold land ik buildings E	vehicles	fittings a equipment 6	Total E
Cost or valuation:
At 1)anuary 2022 Additions		120,000	11,032,631	12,009	457,764 11,166	11,622,404 11,166
Dis osals				12 009	19226	31 235
At 31December 2022		120000	11032,631		449 704	11602,335
Depreciation: At 1 )anuary 2022 Disposals Char e for the ear		2,400 2 400	478,260 205 220	12,009 (12,009)	220,595 (19,226) 44 755	713,264 (31,235) 252,375
At 31December 2022		4 800	683480		246 124	934404
Net book value:
At 31December 2022		115200	10349 151		203 580	10667 931
At 31December 2021		117600	10554 371		237 169	10909 140

Notes to the 11. Debtors	Financia	l Stat	ements for	the year	ended 31D	ecember 2	ecember 2	022
				Group		Charity
				2022	2021	2022		2021
				E	E	E			E
Other debtors				45,536	27,769	32,666		14,613
Pre a ments				11009	7 904	11009		7	904
				56 545	35 673	43 675		22	517
12. Creditors: amounts		falling	due within one year
				Group		Charity
				2022	2021	2022		2021
				E	E				E
Trade creditors				7,610	315	7,465			524
Other creditors				11,830	13,051	10,120		11,240
Taxation and social security				14,549	13,189
Accruals				17,214	11,086	15,675		11,086
				51,203	37,641	33,260		22,850
13. Movement	in funds
			Balance				Balance
As at 31December 2022 (Group)			13anuary 2022	Income	Expenditure	31December 2022
			E					E
Unrestricted funds:
Designated funds			10,521,740		(203,589)	10,318,151
General funds			689930	1 047 449	1 082 896		654	483
Total unrestricted	funds		11211670	1 047 449	1 286 485	10	972	634
Restricted funds				3 700	3 700
Grou			11211670	1 051 149	1 290 185	10	972	634

in the communities	within England	.
		Balance			Balance
As at 31December (Group)	2021	13anuary 2021	Income	Expenditure	31December 2021
					E
Unrestricted funds:
Designated funds		10,760,870		(239,130)	10,521,740
General funds		733 542	896 138	939750	689930
Total unrestricted	funds	11494 412	896 138	1 178880	11211670
Restricted funds			64 393	64 393
Grou		11494 412	960,531	1 243 273	11,211670

					2022	2021
					E	E
Net movement in funds					(239,227)	(342,957)
Adjustments for: Interest recewed					(65)	(31)
Taxation charged					191	(4,178)
Depreciation					258,962	295,782
Profit on the sale of fixed assets (Increase) / decrease in debtors					(1,100) (20,872)	45,646
Increase/ Decrease	in creditors		and	rovisions	13562	6 685
Net cash rovided b	0 eratin	activities			11451	12423

		Unrestricted Funds	Restricted Funds	Designated Funds	Total 2021
		E	E	E	E
Income from:
Donations and legacies Other Charitable Activities		704,220 119,198			704,220 119,198
Other trading activitiesr Trading activities		72,689			72,689
Investments:
Interest Receivable		31			31
Total income		896 138			896 138
Expenditure on:
Raising funds:
Trading activities		134,917			134,917
Charitable activities		795 120	69928	239 130	1 104 178
Total ex enditure		935 572	69928	239 130	1 239 095
Net ex enditure		33899	69928	239 130	342 957
Taxation		4 178			4 178
Net movement in	funds	(38,077)	(69,928	(239,130)	(347,135)
Transfers between	funds	7 072	7 072
Funds brou ht forward		720 935	77 000	10760 870	11558 805
Funds carried forward		689930		10521 740	11211670