REGISTERED CHARITY NUMBER: 1191719
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
FOR
PIONEER MISSION
Stewardship Services 1 Lamb's Passage London EC1Y 8AB
PIONEER MISSION
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2023
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 15 |
| Detailed Statement of Financial Activities | 16 |
PIONEER MISSION
REFERENCE AND ADMINISTRATIVE DETAILS for the year ended 31 March 2023
TRUSTEES Mr J Warin Mr J Beardon Mr M Nightingale Dr R M Glover OBE Mr J J Taylor PRINCIPAL ADDRESS The Hope Centre 10 St Margarets Street Ipswich IP4 2AT REGISTERED CHARITY 1191719 NUMBER INDEPENDENT EXAMINER Stewardship Services 1 Lamb's Passage London EC1Y 8AB ACCOUNTANT Marsh Solutions Limited 82 Berechurch Hall Road Colchester Essex CO2 8RF
Page 1
PIONEER MISSION
REPORT OF THE TRUSTEES for the year ended 31 March 2023
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Pioneer Mission is a registered charity. It was originally registered as a Charity on 8 October 2020.
As detailed in its governing documentation the charity has the following charitable objects:
To advance the Christian Faith for the benefit of the public in the United Kingdom and in such other parts of the World as the trustees may from time to time think fit, in particular but not exclusively through:
Raising awareness of the Christian faith and the need for new churches through meetings, conferences, print and online publications;
Providing training, resources, coaching and ongoing support for those involved in planting new churches;
Supporting the establishment of new Christian church plants.
Significant activities
This period has been focused on moving the charity from an 'establishing' phase to a 'normalising' phase where it can effectively put into place an ongoing framework of activity to see 20 churches established in each of the 50 European nations by 2050.
While building good governance foundations has continued, the focus has moved to multiplication, strategically looking at how we can multiply our team and resources to help inspire and train others to fan into flame their leadership gifts and heart to plant churches in Europe.
Much of our activity has been carried out in partnership with other UK and Overseas charities, key partnerships include: Relational Mission, Revelation Church (London), Lighthouse Community and Newfrontiers, to name just a few.
The period up to 31 March 2023 has seen some significant steps taken, with Maurice and Rachel Nightingale continuing to spearhead our work into Europe, enabling much of this activity to take place.
Examples of what has been achieved with reference to our charitable objectives are as follows:
Awareness Raising
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Prayer Initiatives both for specific plants (Zeeland) and for specific languages / Nations (Germany & Netherlands) have been held to both raise awareness, but also to lay important prayer foundations for our pioneering activity.
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Pioneer Europe Conference in partnership with Relational Mission & New Ground Churches was organised and facilitated by the charity. This was an in person event in Malaga, Spain with the aim of inspiring people to church plant into Europe and to encourage / strengthen those already doing so. Over 100+ people attended the event.
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We partnered with the European Leaders Forum (ELF) and Relational Mission to deliver 2 networks on Church Planting and Leadership, with the aim of establishing connections with Christians across Europe to break through into new nations.
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We have continued the process of developing language specific media teams to help translate key resources and messages into local languages. This is critical as overcoming language barriers and restrictions is a key factor for the success of the mission.
All in all (considering the activities detailed below also) awareness of our mission to Europe has been directly raised to 1,500+ individuals, across 17+ Nations in Europe.
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PIONEER MISSION
REPORT OF THE TRUSTEES for the year ended 31 March 2023
OBJECTIVES AND ACTIVITIES
Training, Resourcing and Coaching
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'Called to Go' programme of training (online and in person) has been established to engage those at the beginning of their pioneering journey. This year 30+ pioneers have been helped and supported, with 8 of those moving to mainland Europe to either establish or join a church plant, with another couple looking to relocate in the coming year.
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Eldership Training has been delivered to churches in Germany, Netherlands and Sweden to establish strong eldership teams and enable the churches to become self-governing. An eldership team at Grace Church Stockholm was set into place during this period also.
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Added to the above, many one to one / small coaching sessions have been delivered with existing and emerging leaders across Europe, to help disciple and inspire them in their ministry.
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It is estimated that 225+ individuals have been helped in this way.
Supporting Church Plants
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Dedicated time was spent by Maurice and Rachel Nightingale 'on the ground' in the Netherlands, Serbia and Sweden to;
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strengthen local churches and key leaders.
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to work with local leaders to strategise and plan for expansion in their own communities and beyond in terms of new church plants and being 'Hubs' of connection across their nation.
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As part of our goal to establish local-language translocal teams to serve churches in each European nation, we achieved our first milestone, with the first of these teams being formed and legally established in the Netherlands. This will act as a model for further teams to be developed.
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The Netherlands also saw the newest church plant go live, in Nijmegen, which has been supported both financially and practically by the charity.
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Support has also been given to many existing church plants and developing situations across Europe through the Lighthouse Community (in post communist nations) and directly via team days, preaching and coaching
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Overall, including the above 30+ churches/plants have been directly invested in over the year.
Public benefit
In planning and undertaking activity above the Trustees have had due regard to the guidance on public benefit issued by the Charity Commission.
Grantmaking
Pioneer Mission works with churches and charities worldwide and where these contacts are able to fulfil the objectives of the charity more ably, or maintain closer working links with activities or projects, grants are sometimes provided. These are made in line with the charity's grant framework and financial policy.
FINANCIAL REVIEW
Financial position
Pioneer Mission is financially dependent upon the donations made by supporting churches, individuals, grants from charitable trusts and income generated via events.
Pioneer Mission Trustees and team would like to thank all the churches, individuals and organisations that have supported the charity throughout the year.
During the year Pioneer Mission had income of £165,368 (2022: 145,825), £26,764 (2022: 52,236) of which was for restricted purposes.
Expended resources for the period were £147,157 (2022: £45,063) in total of which £38,813 (2022: £nil) were restricted.
At the end of March 2023 Pioneer Mission had a surplus of £18,090 (2022: £100,762) with a deficit of £12,049 (2022: £52,236) restricted.
Investment policy and objectives
Pioneer Mission has no investment policy as it currently does not intend to make any investments. This approach is reviewed yearly.
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PIONEER MISSION
REPORT OF THE TRUSTEES for the year ended 31 March 2023
FINANCIAL REVIEW
Reserves policy
On an ongoing basis the Trustees consider the level of reserves they wish to retain, appropriate to the Charity's needs and circumstances. This is based on the charity's size and level of commitments held. The Trustees endeavour not to set aside funds unnecessarily.
The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. In doing this the Trustees aim to make sure that the current budget forecast and reserves levels allow the charity to continue in operation for a rolling 12 month period. This is reviewed at a minimum at two points within the financial year.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a constitution, and is a Charitable Incorporated Organisation (CIO).
Management structure
Five trustees have run Pioneer Mission over this reporting period, each with differing backgrounds and expertise that can contribute to the delivery of the charity's objectives.
The policy and key operating decisions (i.e. budget setting, risk management) of the charity rest with the trustees who meet regularly to monitor the activities of the charity. Day to day operation has been delegated to the Operations Team.
Over the last year, Pioneer Mission has not directly employed staff, but has delivered its activities through retained consultants and volunteers.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The Trustees have and continue to review the major strategic, business and operational risks, which a small charity with few employees is likely to be exposed to. A framework has been established and procedures are in place to identify, monitor and review these risks on a regular basis.
All major insurable risks have been covered by the charity's insurance coverage. Contracts and associated risks are reviewed before being finalised to ensure they do not significantly impact (negatively) upon the charity's ability to fulfil its objectives.
The Charity has all required policies in place (as per Charity Commission guidelines) and no significant material issues arose during the year in relation to these policies.
TRUSTEES' RESPONSIBILITY STATEMENT
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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PIONEER MISSION
REPORT OF THE TRUSTEES for the year ended 31 March 2023
TRUSTEES' RESPONSIBILITY STATEMENT - continued
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
23.01.2024 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Mr J J Taylor - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PIONEER MISSION
Independent examiner's report to the trustees of Pioneer Mission
I report to the charity trustees on my examination of the accounts of Pioneer Mission (the Charity ) for the year ended 31 March 2023 on pages 7 to 15 following, which have been prepared on the basis of the accounting policies set out on pages 9 to 10.
Responsibilities and basis of report
As the charity trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charitys accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable D irections given by the Charity Commission under section 45(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sarah Crispin ACA
Stewardship Services 1 Lamb's Passage London EC1Y 8AB
Date: 24 January 2024
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PIONEER MISSION
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 124,089 Charitable activities 2 Advancement of Christian Faith 14,514 Total 138,603 EXPENDITURE ON Charitable activities Advancement of Christian Faith 108,344 Net gains/(losses) on investments (120) NET INCOME/(EXPENDITURE) 30,139 Transfers between funds 8 13,220 Net movement in funds 43,359 RECONCILIATION OF FUNDS Total funds brought forward 48,526 TOTAL FUNDS CARRIED FORWARD 91,885 |
Year Ended 31.3.23 Restricted Total funds funds £ £ 26,764 150,853 - 14,514 26,764 165,367 38,813 147,157 - (120) (12,049) 18,090 (13,220) - (25,269) 18,090 52,236 100,762 26,967 118,852 |
Period 8.10.20 to 31.3.22 Total funds £ 144,998 827 145,825 45,063 - 100,762 - 100,762 - 100,762 |
|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
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PIONEER MISSION
BALANCE SHEET 31 March 2023
| Unrestricted funds Notes £ CURRENT ASSETS Debtors 5 4,400 Cash at bank 98,898 103,298 CREDITORS Amounts falling due within one year 6 (11,413) NET CURRENT ASSETS 91,885 TOTAL ASSETS LESS CURRENT LIABILITIES 91,885 NET ASSETS 91,885 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - 27,024 27,024 (57) 26,967 26,967 26,967 |
31.3.23 Total funds £ 4,400 125,922 130,322 (11,470) 118,852 118,852 118,852 91,885 26,967 118,852 |
31.3.22 Total funds £ 10,946 95,068 106,014 (5,252) 100,762 100,762 100,762 48,526 52,236 100,762 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 23.01.2024
............................................. Mr J J Taylor - Trustee ............................................. Mr J Warin - Trustee
The notes form part of these financial statements
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PIONEER MISSION
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements and assessment of going concern
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. Therefore the financial statements are prepared on a going concern basis.
The financial statements are presented in sterling (£).
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
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the requirements of Section 7 Statement of Cash Flows;
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the requirement of paragraph 3.17(d);
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the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
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the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;
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the requirement of paragraph 33.7;
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the requirement of paragraph 24(b) of IFRS 6.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from support for pioneering situations, reimbursement of expenditure incurred and amounts received toward future pioneering costs.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Details of individual grants and payments made are not included in the financial statements in accordance with Charity SORP 16.21. The trustees confirm that appropriate due diligence is carried out on all payments to third parties and that a full list of recipients can be obtained upon request.
Taxation
The charity is exempt from tax on its charitable activities.
continued...
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PIONEER MISSION
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
1. ACCOUNTING POLICIES - continued
Debtors
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.
Creditors
Creditors are recognised where then charity has a present obligation resulting from a past event that will 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 are recognised at their settlement amount.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds 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 restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Donated goods
Donated services and facilities donated for the charity's own use are recognised as income when receivable at their value to the charity.
During the year there were no donated goods & services (2022: £1,000 for accountancy)
2. INCOME FROM CHARITABLE ACTIVITIES
| Period | |||
|---|---|---|---|
| 8.10.20 | |||
| Year Ended | to | ||
| 31.3.23 | 31.3.22 | ||
| Activity | £ | £ | |
| Pioneering Activities | Advancement of Christian Faith | - | 827 |
| Ticket Sales | Advancement of Christian Faith | 14,514 | - |
| 14,514 | 827 | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.3.2 3 | 31.3.2 | ||
| 2 | |||
| £ | £ | ||
| Independent Examination | 1,200 | 975 |
Net income/(expenditure) is stated after charging/(crediting):
continued...
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PIONEER MISSION
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023
3. TRUSTEES' REMUNERATION AND BENEFITS
The trustee received the following remuneration occurred during the period for services not relating to those of trusteeship:
Mr J Warin £230 for administration. (2022: £230)
Mr M Nightingale £55,558 (2022: £28,329) for Apostolic fees and £27,294 (2022: £8,879) for the associated travel costs
Mr J Beardon £2,385 (2022: £nil) for travel costs.
Mr J Taylor £455 (2022: £nil) for travel costs.
Trustees' expenses
There were no further trustees' expenses, other than those listed above, paid for the year ended 31 March 2023 nor for the period ended 31 March 2022.
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| £ | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 93,589 | 51,409 | 144,998 | ||
| Charitable activities | |||||
| Advancement of Christian Faith | - | 827 | 827 | ||
| Total | 93,589 | 52,236 | 145,825 | ||
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Advancement of Christian Faith | 45,063 | - | 45,063 | ||
| NET INCOME | 48,526 | 52,236 | 100,762 | ||
| TOTAL FUNDS CARRIED FORWARD | 48,526 | 52,236 | 100,762 | ||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.3.23 | 31.3.22 | ||||
| £ | £ | ||||
| Prepayments | 4,400 | 10,946 |
continued...
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PIONEER MISSION
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.3.23 | 31.3.22 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts (see note 7) | 57 | - |
| Trade creditors | - | 230 |
| Other creditors | 11,413 | 5,022 |
| 11,470 | 5,252 | |
| LOANS | ||
| An analysis of the maturity of loans is given below: | ||
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Amounts falling due within one year on demand: | ||
| Bank overdrafts | 57 | - |
7. LOANS
The £57 of bank overdrafts relates to the amounts spent on funds in advance of receipts.
£57 relates to the Called to Go course which is a continuing activity which will produce a surplus in future years.
8. MOVEMENT IN FUNDS
| Unrestricted funds General fund Development Fund European Leaders Forum Restricted funds Called to Go European Leaders Forum Lille Fund Translation Fund Malmo Fund Netherlands Fund Pioneer Europe Mission Fund Malaga Offering Fund TOTAL FUNDS |
At 1.4.22 £ 48,526 - - 48,526 842 632 1,665 7,500 - 12,789 28,808 - 52,236 100,762 |
Net movement in funds £ 30,139 - - 30,139 (899) (4,675) 1,438 3,268 4,507 (7,064) (21,114) 12,491 (12,048) 18,091 |
Transfers between funds £ (40,368) 52,478 1,110 13,220 - 4,043 - - (3,845) (5,725) (7,694) - (13,221) (1) |
At 31.3.23 £ 38,297 52,478 1,110 91,885 (57) - 3,103 10,768 662 - - 12,491 26,967 118,852 |
|---|---|---|---|---|
continued...
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PIONEER MISSION
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Called to Go European Leaders Forum Lille Fund Translation Fund Malmo Fund Netherlands Fund Pioneer Europe Mission Fund Malaga Offering Fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Called to Go European Leaders Forum Lille Fund Translation Fund Netherlands Fund Pioneer Europe Mission Fund TOTAL FUNDS |
Incoming resources £ 138,603 - 1 1,620 7,500 4,625 - 528 12,491 26,765 165,368 |
Resources expended £ (108,344) (899) (4,676) (182) (4,232) (118) (7,064) (21,642) - (38,813) (147,157) |
Gains and Movement losses in funds £ £ (120) 30,139 - (899) - (4,675) - 1,438 - 3,268 - 4,507 - (7,064) - (21,114) - 12,491 - (12,048) (120) 18,091 Net movement At in funds 31.3.22 £ £ 48,526 48,526 842 842 632 632 1,665 1,665 7,500 7,500 12,789 12,789 28,808 28,808 52,236 52,236 100,762 100,762 |
|---|---|---|---|
continued...
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PIONEER MISSION
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Called to Go European Leaders Forum Lille Fund Translation Fund Netherlands Fund Pioneer Europe Mission Fund TOTAL FUNDS |
Incoming resources £ 93,589 842 632 1,665 7,500 12,789 28,808 52,236 145,825 |
Resources Movement expended in funds £ £ (45,063) 48,526 - 842 - 632 - 1,665 - 7,500 - 12,789 - 28,808 - 52,236 (45,063) 100,762 |
|---|---|---|
Development Fund: Funds put aside by the trustees for Church Development. Called to Go: A fund for those who are exploring a call to mission.
European Leaders Forum: We receive money to send leaders to ELF conferences. The conference tickets are paid in advance of receiving the money and so has an overdrawn balance which clears in the following year. The conference happened in May 23.
Lille Fund: Funds received for the support of the Lille Church plant.
Translation Fund: Funds received to support the translation of material to local languages.
Malmo Fund: Funds received to support a Church plant in Malmo.
Netherlands Fund: Funds received for the support and development of the church in Netherlands
Pioneer Europe Mission Fund: Funds received for the support and development of the church in Europe Malaga Offering Fund: Funds received at the Malaga conference for third parties.
Transfers between funds
During the year ending 31 March 2023 the following transfers between funds occurred:
Netherlands Fund, £5,725 was a release of restriction by the donor, this was allocated into the Development Fund.
Pioner Europe Mission Fund, £7,694 was a release of the restriction by the donor, this was allocated into the Development Fund.
European Leaders Forum, £4,043 was allocated to the restricted fund from General Funds as Pioneer Mission's contribution to the ELF event in 2022.
European Leaders Forum, £1,110 was to put aside the funds for the tickets bought in advance of the ELF event in 2023.
Development Fund, £52,478 this is funds put aside by the trustees for Church Development.
Malmo Find, £3,845 was allocated to the General Fund to cover costs already paid in relation to this restriction.
continued...
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PIONEER MISSION
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023
9. RELATED PARTY DISCLOSURES
Pioneer Mission received sums in the year from the following registered charities which are connected by virtue of having a trustee sitting on the donor charity board:
Relational Mission £14,000 (2022: £118,158) Donation & Grants (JR Beardon) Christ Community Church Attleborough £2,942 (2022: £11,008) Donation (JR Beardon) Wellspring Family Church Dereham £6,750 (2022: £1,125 Donation), £nil (2022: £316) reimbursed expense (JR Beardon)
Redeemer Church Colchester, £4,500 (2022: £1,500) Donation (M Nightingale)
Pioneer Mission made payment in the year to the following individuals who are connected to a trustee:
Mrs R Nightingale £5,000 (2022: £nil) Honorarium (spouse of M Nightingale) Ursa Products £2,100 (2022: £nil) Website content and communication (D Nightingale, related to M Nightingale)
Pioneer Mission made payment in the year to the following businesses who are connected to a trustee: Fruitful Being £5,225 (2022: £nil) consultancy costs (J Taylor - Director)
There are no further Related Party Transactions
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PIONEER MISSION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023 |
||
|---|---|---|
| Period | ||
| 8.10.20 | ||
| Year Ended | to | |
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 150,854 | 143,998 |
| Donated services and facilities | - | 1,000 |
| 150,854 | 144,998 | |
| Charitable activities | ||
| Pioneering Activities | - | 827 |
| Ticket Sales | 14,514 | - |
| 14,514 | 827 | |
| Total incoming resources | 165,368 | 145,825 |
| EXPENDITURE | ||
| Charitable activities | ||
| Insurance | 614 | 617 |
| Sundries | - | 344 |
| Admin & Operations | 14,089 | 4,836 |
| Apostolic Fees | 52,776 | 28,329 |
| Software & Website | 4,835 | 78 |
| Conferences & Courses | 18,736 | - |
| Travel | 40,427 | 8,878 |
| Grants to institutions | 13,098 | - |
| Grants to individuals | 1,239 | - |
| 145,814 | 43,082 | |
| Support costs | ||
| Finance | ||
| Bank charges | 8 | 6 |
| Governance costs | ||
| Accountancy and legal fees | 1,335 | 1,975 |
| Total resources expended | 147,157 | 45,063 |
| Net income before gains and losses | 18,211 | 100,762 |
| Realised recognised gains and losses | ||
| Realised gains/(losses) on fixed asset investments | (120) | - |
| Net income | 18,091 | 100,762 |
This page does not form part of the statutory financial statements
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