## Emmanuel Trust Norreys Church
Report and Accounts Year ended 5 April 2024
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **Emmanuel Trust Norreys Church**
## **LEGAL & ADMINISTRATIVE DETAILS**
## **FOR THE YEAR ENDED 05 April 2024**
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 Peter John Jackman Ian Alexander Stewart BANKERS HSBC Bank 1 - 2 Market Place Wokingham RG40 1AL INDEPENDENT EXAMINER Lourens du Plessis ACA CA(SA) Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
## **INDEX**
Page 1 Legal & Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts
Page 1
## **Emmanuel Trust Norreys Church**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 05 April 2024**
The Trustees have pleasure in submitting the Report and Accounts for the year ended 05 April 2024.
## **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 singing and a short message.
We host and run groups for the community including toddlers, bowls club, keep fit class, ladies coffee morning and a men's breakfast. We continue to support SHARE Wokingham, an independent registered charity which operates from the Church premises supporting over 700 households with access to fresh fruit, vegetables and other items. We also support the Roots Community Pantry, a partnership between SHARE Wokingham, First Days Children's charity and Wokingham foodbank. This project provides an alternative source for low cost food for clients who would ordinarily access the foodbank on a referral and offers additional advice and support for those accessing this project. This also 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.
Page 2
## **Financial review**
During the year income increased by £11,566, to £69,034, and expenditure increased by £6,497 to £81,534. As a result the cash held by the charity decreased by £12,500, to £137,260 of which £116,792 is unrestricted. £50,479 held in the general reserves which can be used for any charitable purpose and £66,313 held in a designated account for future projects. Over the past two years the charity has made refurbishments to the interior of the church building, including repairing the damage following a water leak and fixing more secure doors after a break in. A total of £35,551 has been spent, partly offest against an insurance claim of £15,308 received and a donation last year of £5,000 from SHARE Wokingham.The remainder of the costs were funded from monies held in the designated project fund.
## **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.
The trustees continue to monitor income and expenditure and the affect 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.
Stephen Revie continues as chair of the trustees supported by the other three 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.
Page 3
## **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: 23 August 2024
Page 4
## **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 2024 on pages 6 to 9 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: 27 August 2024
Page 5
## **Emmanuel Trust Norreys Church**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 05 April 2024**
|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
£
£
34,213
-
9,024
-
2,302
-
8,187
15,308
53,726
15,308
44,995
25,039
11,500
-
56,495
25,039
(2,769)
(9,731)
-
-
(2,769)
(9,731)
53,248
76,044
50,479
66,313
Unrestricted Funds|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
20,468
20,468|2024
£
34,213
9,024
2,302
23,496
69,034
70,034
11,500
81,534
(12,500)
-
(12,500)
149,760
137,260|2023
£|
|---|---|---|---|---|---|
|||General
Funds
£
34,213
9,024
2,302
8,187
53,726
44,995
11,500
56,495
(2,769)
-
(2,769)
53,248
50,479||||
||||||45,378
9,943
457
1,691|
||||||57,469|
||||||55,206
19,831|
||||||75,037|
||||||(17,568)
-|
||||||(17,568)
167,328|
||||||149,760|
The notes on pages 8 - 9 form part of these accounts.
Page 6
## **Emmanuel Trust Norreys Church**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 05 April 2024**
|**A Cash funds**
Cash at bank with immediate access
**B Other monetary assets**
Gift aid due to charity
Other debtors
**C**
**Liabilities**
Fee for Independent Examination
Accrued expenses
**D Assets retained for charity's own use**|General
Designated
funds
funds
£
£
50,479
66,313
**50,479**
**66,313**
7,635
-
-
-
**7,635**
**-**
990
-
-
-
**990**
**-**
Unrestricted Funds|Restricted
funds
£
20,468
**20,468**
-
-
**-**
-
-
**-**|2024
£
137,260
**137,260**
7,635
-
**7,635**
990
-
**990**|2023
£|
|---|---|---|---|---|
|||||149,760|
|||||**149,760**|
|||||8,939
12,359|
|||||**21,298**|
|||||930
16,968|
|||||**17,898**|
||||||
|Land and buildings Church building at Norreys Avenue
Equipment|Fund to
which asset
belongs
General Fund
General Fund|Current
value
£|
|---|---|---|
|||1,820,918
155,756|
|||1,976,674|
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
## by Stephen Revie
date: 23 August 2024
--------------------------------------------
Stephen Revie
The notes on pages 8 - 9 form part of these accounts.
Page 7
## **Emmanuel Trust Norreys Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 05 April 2024**
## **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
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 of £1,000 or more were:
Yeldhall Manor
Mid-Wessex Christian Camps
JAC
Rwanda Orphans
Africare
Childs Trust||Unrestric|Designated
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
25,039
-
-
25,039
-
-
-
ted Funds|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Total
2024
£
2,944
6,115
8,556
1,857
1,371
1,692
2,060
17
1,386
5,940
1,445
230
25,039
930
10,114
338
70,034
7,500
4,000
11,500|Total
2023
£|
|---|---|---|---|---|---|---|
|||General
funds
£
2,944
6,115
8,556
1,857
1,371
1,692
2,060
17
1,386
5,940
1,445
230
-
930
10,114
338
44,995
7,500
4,000
11,500
£
1,000
1,000
1,000
1,000
1,000
1,000
6,000|||||
|||||||2,945
6,757
8,118
1,627
1,214
1,185
2,540
335
2,378
6,048
1,690
1,185
10,512
900
7,288
484|
|||||||55,206|
|||||||12,574
7,257|
|||||||19,831|
||||||||
||||||||
Page 8
## **Emmanuel Trust Norreys Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 05 April 2024**
## **4 Movement of funds**
|General funds
Designated funds
Project fund (legacies)
Restricted funds
Worker Fund
Total funds|Balance
at 06.04.23
£
53,248
76,044
129,292
20,468
20,468
149,760|Receipts
£
53,726
15,308
69,034
-
-
69,034|Payments
£
(56,495)
(25,039)
(81,534)
-
-
(81,534)|Transfers
£
-
-
-
-
-
-|Balance
at 05.04.24
£
50,479
66,313|
|---|---|---|---|---|---|
||||||116,792|
||||||20,468|
||||||20,468|
|||||||
||||||137,260|
The worker support fund is for the support of a Community Worker at some point in the future.
## **5 Transactions with related parties**
Income of £3,060 (2023: £5,000) was received from SHARE Wokingham, Registered Charity 1195620. One of the trustees of SHARE Wokingham, Claire Revie, is related to the Chair of Trustees, Stephen Revie.
Page 9