BANGOR WORLDWIDE MISSIONARY CONVENTION
RECEIPTS AND PAYMENTS ACCOUNT
31 DECEMBER 2022
INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
INDEPENDENT EXAMINER’S REPORT TO THE CHARITY TRUSTEES OF BANGOR WORLDWIDE MISSIONARY CONVENTION
I report on the accounts of the Trust for the year ended 31 December 2022 which are set out on pages 3 and 5.
RESPECTIVE RESPONSIBILITIES OF CHARITY TRUSTEES AND EXAMINER
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities act (Northern Ireland) 2008.
It is my responsibility to:
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Examine the accounts under section 65 of the Charities act;
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Follow the procedures laid down in the general directions given by the Commission under section 65 (9) (b) of the Charities Act;
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State whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S REPORT
I have examined your charity accounts as required under section 65 if the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65 (9) (b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
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(1) That accounting records were not kept in accordance with section 63 of the Charities Act.
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(2) That the accounts do not accord with those accounting records.
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(3) That the accounts do not comply with the accounting requirements of the Charities Act.
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(4) That there is no further information needed for a proper understanding of the accounts to be reached.
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Alfred House Century House 17 Mandeville Street 19 Alfred Street 40 Crescent Business Park PORTADOWN BELFAST LISBURN Craigavon BT2 8EQ BT28 2GN BT62 3PB Tel: +44(0)28 9031 1113 Tel: +44(0)28 9260 7355 Tel: +44(0)28 3833 2801 Fax: +44(0)28 9031 0777 Fax: +44(0)28 9260 1656 Fax: +44(0)28 3835 0293
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INDEPENDENT EXAMINER’S STATEMENT
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
MR NIGEL MOORE
9 OCTOBER 2023
GMcG Chartered Accountants
Alfred House 19 Alfred Street Belfast BT2 8EQ
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BANGOR WORLDWIDE MISSIONARY CONVENTION
RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31 December 2022
| Balance at 1 January 2022 General Designated Funds: Missionary candidates Still to be allocated by donors RECEIPTS Gift Aid Scheme Income tax refunds Donations Offerings Interest Legacy Convention TOTAL RECEIPTS PAYMENTS Donations to missions Missionary candidates Use of premises General expenses TOTAL PAYMENTS SURPLUS FOR YEAR Balance at 31 December 2022 General Designated Funds: Still to be allocated to missions Missionary candidates Still to be allocated by donors |
2022 £ 111,994 26,256 21,602 5,211 - 10,237 7,508 182,808 124,406 1,200 9,170 46,733 181,509 |
£ 8,538 1,847 - 10,385 1,299 5,757 2,920 1,097 1,910 11,684 |
2021 £ £ 7,482 549 42 8,073 110,442 27,666 37,005 1,482 27 - - 176,622 143,425 300 4,200 26,385 174,310 2,312 8,538 - 1,847 - 10,385 |
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All receipts and payments relate to unrestricted funds.
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BANGOR WORLDWIDE MISSIONARY CONVENTION
STATEMENT OF ASSETS AND LIABILITIES for the year ended 31 December 2022
| 2022 £ CASH AT BANK Danske Bank 11,254 Paypal account 252 Stripe account 121 Donr account 57 NET ASSETS 11,684 ACCUMULATED SURPLUS At start of year 10,385 Surplus for year 1,299 At end of year 11,684 All charity funds are unrestricted funds. Approved by: C McWILLIAMS 9 OCTOBER 2023 _____ __ HONORARY TREASURER DATE |
2021 £ 9,857 252 135 141 10,385 8,073 2,312 10,385 _ |
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BANGOR WORLDWIDE MISSIONARY CONVENTION
NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31 December 2022
1. Conduit Funding
During the year, the charity was responsible for receiving and distributing funds received from legacies. These funds included £953,024 that was received and distributed in accordance with the instructions of the relevant wills. The charity did not have any control over how this money was to be distributed and, as such, it has been treated as conduit funding and has not been recognised as income or expenditure of the charity. The charity did not hold any balances in relation to conduit funding at the year end.
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