## **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:
- Examine the accounts under section 65 of the Charities act;
- Follow the procedures laid down in the general directions given by the Commission under section 65 (9) (b) of the Charities Act;
- 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:
- (1) That accounting records were not kept in accordance with section 63 of the Charities Act.
- (2) That the accounts do not accord with those accounting records.
- (3) That the accounts do not comply with the accounting requirements of the Charities Act.
- (4) That there is no further information needed for a proper understanding of the accounts to be reached.
-1-
**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
Chartered Accountants | Registered Auditors | Chartered Tax Advisors | Forensic Accountants | Corporate Finance Advisors
GMcG is a trading name of GMcG Group Limited. Reg No NI059660. List of Directors available at registered office Registered to conduct audit work by the Institute of Chartered Accountants in Ireland A member of TIAG® - A Worldwide Alliance of Independent Accounting Firms
www.gmcgca.com
## **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
-2-
## **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|
|---|---|---|---|
All receipts and payments relate to unrestricted funds.
-3-
## **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
_______|
|---|---|
-4-
## **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.
-5-