## Emmanuel Trust Norreys Church
Report and Accounts Year ended 5 April 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **Emmanuel Trust Norreys Church**
## **LEGAL & ADMINISTRATIVE DETAILS**
## **FOR THE YEAR ENDED 05 April 2022**
|ADDRESS FOR CORRESPONDENCE|ADDRESS FOR CORRESPONDENCE|Norreys Avenue|
|---|---|---|
|||Wokingham|
|||RG40 1UU|
|GOVERNING DOCUMENT||Declaration of Trust dated 3 December 1954|
|CHARITY REGISTRATION NUMBER||1043662|
|TRUSTEES RESPONSIBLE FOR||Stephen Neil Revie - Chair|
|MANAGING THE CHARITY||Colin Kennedy - Secretary (appointed June 2021)|
|||Simon Richard Carter|
|||Peter John Jackman|
|||Richard Bailey (stood down May 2021)|
|BANKERS||HSBC Bank|
|||1 - 2 Market Place|
|||Wokingham RG40 1AL|
|INDEPENDENT EXAMINER||Lourens du Plessis|
|||Stewardship|
|||1 Lamb's Passage|
|||LONDON|
|||EC1Y 8AB|
|||**INDEX**|
|Page 1|Legal & Administrative Details||
|Pages 2-3|Trustees' Report||
|Page 4|Independent Examiner's Report||
|Page 5|Receipts|and Payments Account|
|Page 6|Statement of Assets & Liabilities||
|Pages 7-8|Notes to|the Accounts|
Page 1
## **Emmanuel Trust Norreys Church**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 05 April 2022**
The Trustees have pleasure in submitting the Report and Accounts for the year ended 05 April 2022.
## **Objects of the charity**
The charity, which is a church, is governed by a Declaration of Trust dated 3 December 1954. The charity's principal objects are to demonstrate the Christian faith in action by such means that are charitable.
## **Summary of the charity's main activities and achievements**
To further the above objects and vision, the charity's main activities and achievements were as follows:
The Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. We therefore seek to show in practical ways the love of Jesus in our community.
We are open to the community and provide a variety of church services including a monthly family service with crafts, singing and a short message.
We host and run groups for mothers and toddlers, women’s get together groups and coffee mornings. During the Summer months we ran the Grub Club. This catered for the families of school aged children who would normally receive free school meals. In addition, there was some teaching of cooking skills to equip those who attended. We continue to support SHARE Wokingham, an independent registered charity which operates from the Church premises.
We support the local community to show them God’s love at what for some has been a very difficult time – offering practical and emotional support where we can.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
## **Financial review**
During the year income decreased by £2,980, to £61,848, and expenditure decreased by £23,225, to £54,098. As a result the cash held by the charity increased by £7,750, to £167,328 of which £145,512 is unrestricted and can be used for any charitable purpose.
Page 2
## **Reserves policy**
Due to past legacies the church has significant cash funds. The Trustees have designated monies received from legacies to be kept in a separate project fund to be available for larger projects the church may wish to carry out in the future.
Sufficient funds are maintained in the general fund to cover the operating costs of the Church for up to six months.
Since March 2020 the charity has taken steps (in line with government advice) to help contain the outbreak of COVID-19. This included for a time, the temporary suspension of all physical gatherings. The charity has had to change how it operates. Although many services are now back to physical gatherings, the charity also provides an online link for those who would prefer not to attend in person. The trustees have continued to monitor income and expenditure and have taken measures to mitigate the impact of COVID-19 on the charity’s free reserves.
## **Governance**
Responsibility for setting policy and for determining the parameters within which the charity should operate rest with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited and appointed by the existing trustees, by a majority vote.
We welcomed Colin Kennedy as a new trustee in June 2021. Colin is a former member of the church and has agreed to fill the role of secretary of the trustees.
Richard Bailey who has served the church as a member, trustee and chair of trustees stood down in May 2021. We thank him for his support and hard work over his many years of involvement with the trustees.
The trustees have appointed Stephen Revie as the new chair of the trustees.
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
## **Responsibilities of trustees**
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## **Approval**
This report was approved by the trustees and signed on their behalf by:
## **Stephen Revie**
Stephen Revie
Date: 14 July 2022
Page 3
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **Emmanuel Trust Norreys Church**
I report to the trustees on my examination of the accounts of Emmanuel Trust Norreys Church ('the charity') for the year ended 05 April 2022 on pages 5 to 8 following.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 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: 1. accounting records were not kept in accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Lourens du Plessis**
Lourens du Plessis ACA CA(SA)
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 22 July 2022
Page 4
## **Emmanuel Trust Norreys Church**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 05 April 2022**
|Notes
**_Income receipts_**
Grants and gifts received
Tax refunds under Gift Aid
Interest received
Other
**_Total receipts_**
**_Payments_**
2
3
**_Total payments_**
Transfers between funds
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Net of receipts / (payments) before
transfers
Grants paid in relation to charitable
activities undertaken by others
Payments
in
relation
to
charitable
activities undertaken directly||General
Designated
Funds
Funds
£
£
30,767
-
13,136
-
354
-
596
-
44,853
-
33,141
-
3,190
-
36,331
-
8,522
-
5,574
(7,271)
14,096
(7,271)
49,860
88,827
63,956
81,556
Unrestricted Funds|Restricted
Funds
£
16,995
-
-
-
16,995
243
17,524
17,767
(772)
1,697
925
20,891
21,816|2022
£
47,762
13,136
354
596
61,848
33,384
20,714
54,098
7,750
-
7,750
159,578
167,328|2021
£|
|---|---|---|---|---|---|
|||General
Funds
£
30,767
13,136
354
596
44,853
33,141
3,190
36,331
8,522
5,574
14,096
49,860
63,956||||
||||||48,437
13,645
763
1,983|
||||||64,828|
||||||60,363
16,960|
||||||77,323|
||||||(12,494)
-|
||||||(12,494)
172,073|
||||||159,578|
The notes on pages 7 - 8 form part of these accounts.
Page 5
## **Emmanuel Trust Norreys Church**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 05 April 2022**
|General
Designated
funds
funds
£
£
**A Cash funds**
Cash at bank with immediate access
63,956
81,556
**63,956**
**81,556**
**B Other monetary assets**
Gift aid due to charity
10,910
-
**10,910**
**-**
**C Liabilities**
Gift Aid 2021 over claim
1,026
-
Fee for Independent Examination
900
-
**1,926**
**-**
**D Assets retained for charity's own use**
Land and buildings Church building at Norreys Avenue
Equipment
Unrestricted Funds|Restricted
funds
£
21,816
**21,816**
-
**-**
-
-
**-**|2022
£
167,328
**167,328**
10,910
**10,910**
1,026
900
**1,926**
Fund to
which asset
belongs
General Fund
General Fund|2021
£|
|---|---|---|---|
||||159,578|
||||**159,578**|
||||12,109|
||||**12,109**|
||||-
1,350|
||||**1,350**|
||||Current
value
£|
||||1,498,698
129,258|
||||1,627,956|
The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
The accounts were approved by the trustees and signed on their behalf
**Stephen Revie** by date Stephen Revie 14 July 2022
The notes on pages 7 - 8 form part of these accounts.
Page 6
## **Emmanuel Trust Norreys Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 05 April 2022**
## **1 Accounting policies**
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
|**2**
**Payments in relation to charitable activities undertaken directly**
Employment costs
Property costs
Gas, Electricity, Water
Insurance
Telephone
Catering
Licences Fees & Subscriptions
Support for individuals
Outreach activities
Speakers' Expenses
Maintenance of equipment
Work among the young
Property refurbishment and improvement
Independent examination
Admin
Covid 19
Other costs (incl. Cleaning Materials)
**3**
**Grants paid in relation to charitable activities undertaken by others**
Grants for:
Missionary and Charity Institutions
Individuals
The grants to institutions in the year were
Yeldhall Manor
Moldovan Mission
Mid-Wessex Christian Camps
GNFE (Gideons UK)
Rwanda Orphans
Medical Missionaries
JAC
Africare
Childs Trust|Unrestricted Fu
General
funds
£
2,922
5,312
6,031
1,493
1,102
1,347
1,491
298
2,523
6,614
1,302
1,063
-
1,350
111
-
182
33,141
3,190
-
3,190
£2,218
£2,663
£1,646
£1,214
£1,250
£1,179
£1,157
£1,000
£750
£13,077|nds
Designated
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Restricted
Funds
£
-
-
-
-
-
-
-
240
-
-
-
-
-
-
-
3
-
243
9,887
7,637
17,524|Total
2022
£
2,922
5,312
6,031
1,493
1,102
1,347
1,491
538
2,523
6,614
1,302
1,063
-
1,350
111
3
182
33,384
13,077
7,637
20,714|Total
2021
£|
|---|---|---|---|---|---|
||||||3,847
2,190
3,825
1,406
1,173
96
1,526
750
982
5,325
792
350
31,644
2,760
742
2,372
584|
||||||60,364|
||||||9,205
7,755|
||||||16,960|
|||||||
Page 7
## **Emmanuel Trust Norreys Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 05 April 2022**
## **4 Movement of funds**
|General funds
Designated funds
Reserve
Legacy
Restricted funds
Missionary General Fund
Mid-Wessex Christian Camps support
Worker Fund
Support for those in need
Covid 19
Total funds|Balance
at 06.04.21
£
49,860
7,271
81,556
138,687
-
300
20,468
120
3
20,891
159,578|Receipts
£
44,853
-
-
44,853
16,875
-
-
120
-
16,995
61,848|Payments
£
(36,331)
-
-
(36,331)
(17,524)
-
(240)
(3)
(17,767)
(54,098)|Transfers
£
5,574
(7,271)
-
(1,697)
1,697
-
-
-
-
1,697
-|Balance
at 05.04.22
£
63,956
-
81,556|
|---|---|---|---|---|---|
||||||145,512|
||||||1,048
300
20,468
-
-|
||||||21,816|
|||||||
||||||167,328|
The Missionary Fund is for the support of Mission institutions and individual missionaries based both in the UK and overseas.
The worker support fund is for the support of a Community Worker at some point in the future.
Page 8