OpenCharities

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

2023-12-31-accounts

BANGOR WORLDWIDE MISSIONARY CONVENTION

RECEIPTS AND PAYMENTS ACCOUNT

31 DECEMBER 2023

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

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 2023 which are set out on pages 3 to 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:

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-

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.

-2-

BANGOR WORLDWIDE MISSIONARY CONVENTION

RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31 December 2023

Note
Balance at 1 January 2023
General
Designated Funds:
Missionary candidates
Still to be allocated by donors
Still to be allocated to missions
RECEIPTS
Gift Aid scheme
Income tax refunds
Donations
Offerings
Legacy
Convention
TOTAL RECEIPTS

PAYMENTS
Donations to missions
Missionary candidates
Use of premises
General expenses
TOTAL PAYMENTS

SURPLUS FOR YEAR
Balance at 31 December 2023
General
Designated funds:
Still to be allocated to missions
2
Missionary candidates
Still to be allocated by donors
2023
£
£
5,757
1,097
1,910
2,920
11,684
108,322
31,372
26,842
11,948
-
7,374
185,858
47,275
-
5,350
37,809

90,434
95,424
20,071
84,065
1,502
1,470
107,108

2022
£
£
8,538
1,847
-
-
10,385
111,994
26,256
21,602
5,211
10,237
7,508
182,808
124,406
1,200
9,170
46,733
181,509
1,299
5,757
2,920
1,097
1,910
11,684

All receipts and payments relate to unrestricted funds.

-3-

BANGOR WORLDWIDE MISSIONARY CONVENTION

STATEMENT OF ASSETS AND LIABILITIES for the year ended 31 December 2023

CASH AT BANK
Danske Bank
Paypal account
Stripe account
Donr account
NET ASSETS
ACCUMULATED SURPLUS
At start of year
Surplus for year

At end of year
All charity funds are unrestricted funds.
2023
£
106,973
-
135
-
107,108
11,684
95,424

107,108
2022
£
11,254
252
121
57
11,684
10,385
1,299
11,684

Approved by:


HONORARY TREASURER

DATE

-4-

BANGOR WORLDWIDE MISSIONARY CONVENTION

NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31 December 2023

1. Basis of Preparation

These accounts have been prepared on a receipts and payments basis.

2. Designated Funds Balances

At the year end the charity held funds of £84,065 that had been designated for specific missions. These funds were paid to the relevant missions in early January 2024.

-5-