## **Bangor Parish Church** **Annual report and financial statements For the year ended 31[st] December 2022** **Charities Number: NIC 102615** **Annual report and financial statements for the year ended 31[st] December 2022** Contents References and administrative details ..................................................................................... 3 Trustees’ Annual Report for the year ended 31st December 2022 .......................................... 4 Statement of Financial Activities ............................................................................................ 10 Balance Sheet ....................................................................................................................... 11 Accounts ................................................................................................................................ 12 Notes to the financial statements for the year ended 31[st] December 2022 ............................ 18 2 ## **References and administrative details** Charity Name: Bangor Parish Church Charity Registration Number: NIC 102615 Contact Address: The Church Office 1, Castle Street Bangor BT20 4SU ## **Trustees / Principal Office-bearers** Clergy: Rector Nigel Parker Church Secretary Alasdair Pears Church Treasurer: Gary Warke Church Warden- Clergy: Sharon Clarke Church Warden - People: Paul Clarke Vestry Member Mark Speers Glebe Warden Johnny Rowe Glebe Warden Ian Thompson Vestry Members Steven Wilson Vestry Member David Thompson Vestry Member Felicity Atwell Vestry Member John Neill Vestry Member Liz Baird Vestry Member Karen McConnell Vestry Member Terry McKee Vestry Member Colin McAlister Vestry Member Paul Bryans ## **Independent Examiner** M Robinson Chartered Accountant 17 Grays Hill Bangor BT20 3BB ## **Bankers** Danske Bank Donegall Square West Belfast BT1 6JS 3 ## **Trustees’ Annual Report for the year ended 31st December 2022** The trustees present the annual report and accounts for Bangor Parish Church for the year ended 31[st] December 2022. ## **Objectives and Activities** The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Bangor Parish Church is to support the advancement of the Christian religion by promoting, through the work of Bangor Parish Church the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging with society as a whole, and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion, Bangor Parish Church has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the select vestry of Bangor Parish Church. ## **Achievements, Performance & Public Benefit** The Parish has given careful consideration to the Charity Commission for Northern Ireland’s guidance on public benefit to ensure that the activities entered into during the year have helped to achieve the Parish’s objectives and activities, as well as providing public benefit. We continue to work for the good of all, with our core values shaping all we do. We have grouped our activities under those five core values, all of which provide numerous benefits to the public: 1. **Give Your All -** _We value an attitude of worship, which desires to serve, honour and glorify our Heavenly Father in every aspect of daily life._ Giving glory to God is good for us. Prayer, silence and singing are highly beneficial to our spiritual, mental, emotional and physical well-being. Each Sunday of the year, we host two or three services, offering a variety of styles. We seek to promote musical excellence among people of all ages in both organ-led choral music and modern music. This includes weekly training of singers and musicians. In addition, many others of all ages are involved in leading our services through reading, leading prayer, welcoming, providing free refreshments and bell-ringing. We also provide a service by which people can access a recording of the talk delivered at the Sunday morning service via podcast or telephone service. We conduct funeral services and support bereaved families, as well as conducting marriage services with prior preparation sessions. During Holy Week we join with four other Bangor City centre churches for evening worship services. **2. Join The Family -** _We value a church community with a deep sense of love, support, and responsibility for one another._ The lonely find belonging among us. Deep friendships are formed and care given. We hosted regular indoor refreshments, which encouraged socialisation. In October, we started our weekly Immerse Book Clubs, (ten clubs with 4 approximately 12 people per club). A pastoral team has kept in touch with those feeling isolated, either in-person or by telephone. **3. Keep On Growing -** _We value an environment of growth in which disciples of Jesus Christ are striving to become increasingly like their Lord in character, word and action._ We actively encourage people to read, (the Bible, from our book library and generally), reflect on spiritual and ethical issues, and prayerfully live according to what is learned. In October, we continued an initiative called Immerse by which we are reading through the entire bible over the course of three years. 120 people read through substantial parts of the Old Testament, each person reading for approximately 30 minutes each day. People then met to discuss what they had read in a weekly Immerse Book Club. Education of children, young people and adults is central to all we do. The result is good citizenship, as people encourage each other to be thoughtful and kind neighbours. **4. Serve Each Other -** _We value being equipped to serve fellow members of the church with the gifts given by the Holy Spirit._ There is a high level of volunteerism within the church. People continue to give generously of their time, money and energy in serving others in the Name of Jesus Christ. Some of the areas of service have already been mentioned, others include grounds maintenance, financial management, property maintenance, flower arranging, indoor bowls, Mothers’ Union, audio-visuals, social action ministries (Harbour) and hospitality. We offer guidance and training in all areas of service, which increases confidence and a sense of fulfilment in the person serving as well as enhancing the experience of those being served. 5. **Transform Your World -** _We value the call to reach out to people in need with the love and strength which God supplies._ We run Harbour in the hall, which includes a Clothes Store, Food Ministry and Coffee Drop-in which provides clothes, food and refreshments free of charge to those in need of them. Christmas Services, both traditional and contemporary, were excellent outreach events as well as celebrations. On Sundays, we continued to collect foodstuffs for North Down Storehouse, which distributes food hampers to those in need in Ards and North Down. We continue to support those in need overseas, including our mission partners in Argentina. We hosted three free community barbecues in the summer with live music and games for children, and also a week-long Holiday Club for children. **6.** which encouraged socialisation. In October, we started our weekly Immerse Book Clubs, (ten clubs with approximately 12 people per club). A pastoral team has kept in touch with those feeling isolated, either in-person or by telephone. We also delivered bags of blessing with foodstuffs in October to about 100 homes. **7. Keep On Growing -** _We value an environment of growth in which disciples of Jesus Christ are striving to become increasingly like their Lord in character, word and action._ We actively encourage people to read, (the Bible, from our book library and generally), reflect on spiritual and ethical issues, and prayerfully live according to what is learned. In October, we embarked on an initiative called Immerse by which we plan to read through the entire bible over the course of three years. 130 people read through the New Testament in October and November, each person reading for approximately 30 minutes each day. People then met to discuss what they had read in a weekly Immerse Book Club. Education of children, young people and adults is central to all we do. The result is good citizenship, as people encourage each other to be thoughtful and kind neighbours. 5 **8. Serve Each Other -** _We value being equipped to serve fellow members of the church with the gifts given by the Holy Spirit._ There is a high level of volunteerism within the church. People continue to give generously of their time, money and energy in serving others in the Name of Jesus Christ. Some of the areas of service have already been mentioned, others include grounds maintenance, cleaning, financial management, property maintenance, flower arranging, indoor bowls, Mothers’ Union, Brownies, Scouts, audio-visuals, hospitality and administration. We offer guidance and training in all areas of service, which increases confidence and a sense of fulfilment in the person serving as well as enhancing the experience of those being served. 9. **Transform Your World -** _We value the call to reach out to people in need with the love and strength which God supplies._ We run our Compassion Centre in the Hall, including a Clothes Store and Food Ministry which provides clothes and food free of charge to those in need of them. Christmas Services, both traditional and contemporary, were excellent outreach events as well as celebrations. On Sundays, we continued to collect foodstuffs for North Down Storehouse, which distributes food hampers to those in need in Ards and North Down. We continue to support those in need overseas, including our mission partners in Argentina. During this year, with the challenges of Coronavirus, from May to September we visited 4200 homes across 150 streets in the centre of Bangor, seeking to encourage each household through conversation and a free gift box. Each gift box included chocolate, tea, coffee and a card offering encouragement and practical assistance, namely, free clothes and food and a confidential prayer telephone line. ## **Financial Review** ## **Going Concern** The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its activities and the financial statements for the year end 2022 can be signed off as a going concern ## **Structure, Governance and Management** ## _**Governing Document and Constitution of the Charity**_ Chapter III of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees ## _**Recruitment and Appointment of Select Vestry**_ All members of the Church of Ireland who are over the age of 18 and are either resident within the parish or live elsewhere but have been accustomed members of the congregation for at least three months, may register as members of the general vestry of the parish, allowing them to attend and vote at meetings of the general vestry and to stand for election to the select vestry. 6 Meetings of the general vestry are held at least once a year. The Select Vestry is elected as part of this General Vestry meeting. The Select Vestry will hold their positions for a period of one year. Select Vestry members may be re-elected annually and there is no limit on the number of terms which may be served ## **Pay and remuneration** The incumbent and curate receive a stipend, office and locomotory allowances in accordance with figures approved by the General Synod of the Church of Ireland. ## _**Organisational Structure**_ The select vestry is responsible for the day to day management of the parish. The select vestry consists of the member of the clergy serving in the parish, any curate assistant (“the curate”), the churchwardens, the glebe wardens and generally not more than twelve other members of the general vestry elected at the Annual General Vestry. The select vestry is chaired by the incumbent or other member of the clergy officiating in the parish. Select vestry members are responsible for making decisions on matters of general concern and importance to the parish including deciding how parish funds are to be applied. The select vestry meets on a monthly basis except July and August. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2022 the Select Vestry meet 8 times during the year and the average attendance was 90%. ## **Statement of Trustees' Responsibilities** The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations. The law applicable to charities in the Northern Ireland requires the trustees to prepare financial statements for each financial year. Under that law the trustees have prepared the financial statements in accordance with Generally Accepted Accounting Practice in the United Kingdom (accounting standards issued by the Financial Reporting Council in the UK , including 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) “and promulgated by the Institute of Chartered Accountants in the United Kingdom and United Kingdom Law) Under that law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs of the charity and of the statement of financial activities of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - make judgments and estimates that are reasonable and prudent; - state whether the financial statements have been prepared in accordance with applicable Accounting Standards and identify the standards in question, subject to any material departures being disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Parish will continue as a going concern. 7 The trustees are responsible for keeping accounting records that are sufficient to show and explain the Parish’s transactions and disclose with reasonable accuracy at any time the financial position of the Parish and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008, the Charity (Accounts and Reports) Regulations (Northern Ireland) 2008 and the provision of the Constitution of the Church of Ireland. They are also responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Statement as to disclosure to our examiner** In so far as the trustees are aware at the timing of approving our trustees’ annual report: - there is no relevant audit information of which the charitable company’s examiner is unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the company’s examiner is aware of that information. ## **Independent Examiner** The examiner, Neil Robinson, has indicated his willingness to continue in office, and a resolution concerning his reappointment will be proposed at the Annual Easter Vestry Meeting. ## **On Behalf of the Trustees** Nigel Parker, Incumbent Gary Warke, Treasurer Dated: 21[st] March 2023 8 ## **INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF BANGOR PARISH CHURCH** I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 10 to 22. ## **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 Charity Act State whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINER'S REPORT** I have examined your charity accounts are required under section 65 of 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 Charity 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 Charity Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting records of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. ## **INDEPENDENT EXAMINER'S STATEMENT** Since your charity's gross income exceeded £250,000, your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Association of Chartered Certified Accountants which is one of the listed bodies. I have completed my examination and have no concerns in respect of 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. Michelle Robinson FCCA Chartered Certified Accountant 17 Grays Hill, Bangor, Co Down, Date: 1[st] March 2023 9 Statement of Financial Activities Bangor Parish Church _ NIC 102615 Stalement of Financial Activities For the period from 01 January 2022 to 31 December 2022 nds to￿ tsn Donatr"ons and *garie5 Inccrfrn chantatAe aclr¥i Othef Iradw¥J actsvihes Inveslmer)ts Othu inc 281.986 13,135 672 295.121 10.238 227.127 1.146 8.081 1,146 8.081 1,151 Total inccrfne 314587 22&829 R￿￿r￿j fur Experwjrture on chanlalJlB acts 3,415 304.970 6,471 224.357 16. Tatal expe￿ItuTe Gains I ￿￿¢$ ￿ Ib￿1n￿nt assets 1&996 JK618 231299 Net Inc￿ I lexpendiiurel ruourcu lth tran•fer 9,157 13,1891 (2,4691 154,800) (S4.8￿) {5,0951 Gins ￿ revaluakn. r￿e0 asxts, chWs Loe 1,610 12,4691 R•concillalh￿ of funds Tatal lund• 1x￿g￿ I0￿￿d 617 11815 67&433 677,*)2 Totsl lund• cwried for￿1￿ 975 681,401 67&433 10 Balance Sheet F*i*h Chwch . NIC 102615 a&at 31M2f202Z 31112r2021 Fixed assets 4010" ts￿1￿￿5 450.IXh).00 450.OCrfI (KI TO￿ Fix•d a•••t• 4SO.OO•.00 4M.•OO.00 6110" C•th I12,4￿ 09 5115 Oe¥*lwff• 128.$5a ao 11j),0￿ (KI 13.715 5J I2.0￿1 53 5125 B4*lir4 •ccowrt 5126 Bell ￿"r￿Je￿ b•r* $150 Pew c4th •¢£￿￿ 334 98 334 98 389.54 389 54 9.J3 129 T*31•1 C¥mnt ••••t• 231.41S.35 225.433.14 Liabililies 6110 Lo•r• 1 099 ZO4.. AcrAunts PayaL* Tot•1 L*MII•• M•1 A•••t •wp*• io•ne* 1.41£.35 G75.43J.14 Éxcem I IdelbEllI d*1• G.MJ.21 •75A3J. 14 12.460.121 677,902.96 Totsl Il•••m• 681.416.35 675,433.14 Accounts General Account Chwch . IIIC 102615 •nao*m•fit• Weekly 4n¥el¥e• Other genora doM¥2n• 29.152 iJ.o 10D.801 92.952 6.82J 129,900 1A56 41.522 4.972 G￿. l*M rncrhYred. w W*Ybg INI 45.lj Gfft x¢* & Log*Ci s.i* 1 159 734 otsknL*II 2.707 SS0 3502 S76 $50 574 140 5210 2.$21 Total li¢om• •Trdo*Tr•Th 2rJ,889 221,435 ExpM4Thir• Ra￿1￿j Iw St•t IT 41) 1,256 Pho*wy•wJ 2J4 187 Sur**y 5034 C*ryy s:¥en Vknltffjg & Retd Cleryy 45.•J9 370 102 10.829 9,951 17,148 72.052 4.248 46.2Q6 Jjo Nat•Jnal In1Ln￿e.IPRSI 9.819 9.682 17.592 83.￿7 4A42 258 9.slj L*y s**iles 8,872 5,147 Ith IW ￿ p¢y* e293 1.728 731 Ctwirh Clwich dErryatton 477 Clwjirh *Ji¥*y ¥wpl 12J 2.571 2.144 1.636 4.576 921 446 2,071 1,554 1249 70 1.572 W•ier cfvaiwl i rnl•g Vpknep ol IMw•rKe 178 8.233 rteath & S*kty 728 816 72 *e¥¥ty GfftJ on T•'.Mrnenl I r••y*kn Le•¥h¥ GIR Other GIIA 12,eI4 7J 29) 22 4.41S 3.654 1,022 IT SthrE 1.7ee 1.4J7 239 54P 14 472 Oihw t￿*1¥11￿Jr* CIEryy *rrfl >J2 32 4CD Totsi •xp•fiats• 220.876 54.fth)I 582.817 538,616 15,0951 587,1SJ 562,617 Totsl c•M•o lor*wd b•l•n¢• 13 Restoration Bangof Parish Church _ NIC 102615 Receipts and payments Selected period: 01 January 2022 10 31 December 2022 From 01 January 2022 To 31 December 2022 01 January 2021 31 December 20X Ro*otAtio. Restoration Fund (Restricted) Fund Oonations and begaues 1.180 1.745 ()n •d lax reco￿￿J. tgqW*YWJ {M) 2013 2,013 Brought b*JK* 12,090 13,595 10.076 14 Property Bangoi Parish Church _ NIC 102615 Receipts and payments Selected period: 01 January 2022 to 31 December 2022 From 01 January 2022 To 31 Decwthr 2022 01 January 2021 31 Decembef 2021 Property . Property Develownent (Desionatedl Fund Donati(Th and kgacies VAT RefLVKI 26,890 Expendilure Church repM3 and manl2nawJ 34,731 13,800 48,531 Totsl expe￿Ill￿re 48,531 11XI,i)00 ,000 100,000 TTansfws1(4lfrom> 15 Missions Bangor Parish Church _ NIC 102615 Receipts and payments Selected period: 01 January 2022 to 31 December 2022 From 01 January 2022 To 31 Decem￿ 2022 01 January 2021 31 December 2021 Misslon - Mlssion Fund (Restrlcted) Fund Donats.￿s and kgaaes 270 2.805 1.000 standry ￿de Gift lax rttOVe￿d. tgary•wwJ INI) 1,522 126 ii.jio 11,510 4,555 16,310 16,310 9,650 Totsl expeN*tu 16,310 9,650 {4. IcthTarf balarte Tr￿sle￿ lrffrc•m) 5.0 16 Bells Bangor Parish Church _ NIC 102615 Receipts and payments Selecte(I perlod: 01 January 2022 to 31 December 2022 From 01 January 2022 To 31 2022 01 January 20 31 Decwnbw 2021 Bell _ Bell Rinoefs (Restricted) Fund Don*"ons aThJ begac>e8 Donations for specilc pwp(x¥ 205 205 205 Expendityre zjs 235 Totsl expenthture 235 $39 97 419 38 Bowls Bangor Parish Church _ NIC 102615 Receipts and payments Selected peiiod: 01 January 2022 to 31 December 2022 From 01 January 2022 To 31 Decemb￿ 2022 01 January 2021 31 December 20X Bowlina _ Bowling Club Fund (Restricted) Fund Oonations and kgacies Donthons kn speuk 620 665 665 620 Expendilure RaisiNJ fundg 106 537 537 Donation510 other Tol•l expeNlitsJre 537 11 Brought I￿an1 bal 252 334 13 18 ## **Notes to the financial statements for the year ended 31st December 2022** ## **1. Accounting policies** The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: ## **a) Basis of preparation** The financial statements have been prepared on a going concern basis in accordance with 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) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost and transaction value unless otherwise stated in the relevant accounting policy note(s). ## **b) Preparation of accounts on a going concern basis** The Parish generally meets its day to day working capital requirements from its annual income. The Trustees are satisfied that the Parish has resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore, these financial statements have been prepared on a going concern basis ## **c) Income** Plate Collections, Weekly Envelopes are accounted for on a cash receipts basis as the amount is collected. Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Legacies are included within Income under either unrestricted or restricted funds according to the terms under which the donation is made and when the amount can be quantified with reasonable certainty. Donations and gifts in kind are brought into the accounts at their fair value to the Parish. 19 ## **d) Expenditure** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. ## **e) Tangible assets** The assets of the Parish comprise: - - Church Building - Parish Centre - Glebe House The Church Building is deemed to be a Heritage asset as defined by the Charities SORP (FRS102). These Heritage assets are not included on the balance sheet as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Parish Centre was built in 1905. There are no reliable records of the cost of this acquisition and valuation approach for such a building lacks sufficient reliability. As a result, this building is not recognised in the parish balance sheet. The Glebe House is recognised at cost, being the estimated fair value of the property at £450,000. No depreciation has been provided on the glebe house as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. ## **f) Investments** Fixed asset investments comprising investment properties, investments in equities and investment in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each balance sheet date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment. Unrealised gains and losses represent the difference between the fair value at the beginning and end of the financial year or, if purchased in the year, the difference between cost and fair value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the fair value at the start of the year or cost if purchased in the year. Both realised and unrealised gains and losses in investments are reported within “Net Gains / (Losses) on Investments” within the Statement of Financial Activities. 20 ## **g) Cash and cash equivalents** Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within Creditors Amounts falling due within 1 year. ## **h) Financial instruments** The Parish only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction price and subsequently measured at their settlement value. ## **i) Funds** Funds are classified as either restricted funds or unrestricted funds, defined as follows. Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the Parish. Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the objects of the Parish. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees’ discretion to apply the fund. ## **2. Critical accounting judgements and estimation uncertainty** Estimates and judgments made in the process of preparing the financial statements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judgments made in applying the Parish’s accounting policies or that there are any critical accounting estimates or assumptions which may have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next financial year. ## **3. Taxation** Bangor Parish Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. 21 ## **4. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** There are no employees in receipt of employee benefits in excess of £60,000 ## **5** . |**PAYMENTS MADE TO**||| |---|---|---| |**MISSIONS**|**2022**|**2021**| |Diocese Advent Gift Day||200| |Scripture Union|1250|500| |DEC Ukraine|3300|| |Evangelical Alliance|300|300| |Summer madness|500|500| |Storehouse|1000|1000| |Bangor Convention||200| |Salvation Army Christmas|100|100| |Open Doors|500|500| |Samaritan’s Purse|440|| |Frontiers|500|| |Tear Fund|4100|3600| |South American||| |Missionary Society|2820|2000| |Bangor Christians Against||| |Poverty|1500|500| |Exodus Spain mission||250| ||**16310**|**9650**| 22