Emmanuel Church.Aylsham h4WKyT) EMMANUEL CHURCH AYLSHAM Cawston Road Aylsham NR116BX Registered Charity No: 1046629 ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDING DECEMBER 2023 Emmanuel Church. Aylsham TABLEOF coKfENTS................................................................................................................. 2. STRUCTURE, GOVERNANCE AND MANAGEMENT............................................................ GENERAL INFORMATICMJ......................................................................................................... REGISTERED CHAR￿ySTATus.............................................................................................. CoNSTrruMoN....................................................................................................................... STRUCTURE AND MANAGEMENT............................................................................................. TRUSTEES........................................ .................................................................................... ExrERNAL ADvisERS............................................................................................................. 3. CHURCH LEADERSHIP'S REPORT.......................................................................................... 08JECTIVESANO P￿NcIPAL AcTwmES OFTHE CHARrrY..................................................... ACHIEVEMENTS AND PERFORMANCE..................................................................................... FINANCIAL REVIEWAND RESULTS FOR THE YEAR............................................................ FINANCIAL REVIEW................................................................................................................ GRANT MAKING p￿iCy......................................................................................................... RESERVES POLICY................................................................................................................. PENSIONS.............................................................................................................................. REPORT OF THE INDEPENDENT EXAMINER.................................... ........................................ 5. STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31ST DECEMBER 2023 7 6. NOTESTO THE FINANCIALsfATEMEKr............................................................................... 4.4. Emmanuel Church, Aylsham Structure, Governance and Management General Inforn)ation 2.1.1 Emmanuel Church Aylsham- Principal Address Cawston Road Aylsham Norfolk NR116BX 2.2 Registered Charity Status Emmanuel Church AyStham is registered with the Charity Commission Number 1046629. Constitution A Trust Deed made on 141h Fetsw 1995 is d￿ent ￿ Emmanud Church Aylsham. The church was formed as a result of the amalgarnation of the congregation Baptist Chapel. White Hart Stree( Aylsham. The congregatK)n now meets regularly at Cawston Road Chapel and are the trththfYJ Trustees of the 1995 Trust Deed. based upon the Fairbaim Trust m(Klel, for this prowty. The present Church Leadership is shown in section 2.5. the extemal advisers of the Charity are shown in section 2.6. Structure and Management The Church is a charitable trust estat4ished by the Trust Deed dated 14th February 1995. Members of the Church LeadeTrhip as shyNn in section 2.5, with the exception of the Minister(s), are appointed by rnaj￿ty vote taken at a meets'ng of the Church in General Meeting in accordance with the Trust Deed. Tfv are app)inted by the Church Membership annually at the AGM but may resign at any ts'me, or may be removed from office by a two- thirds majorty vote at a meeting of the Church in General Meeting. Elders share with ts Mwn&erfs) in the uveram Spffrtual oversight of trE Church and in particular in the roles of pastoral care. teaching and discipleship. Together with the Minister{s) they oversee and coordinate the vision and ministy of the church. Members of ts Churth Le￿Ier￿, oitEr than the Ministerfs) are aFffxnted by the Church in General Meeting to serrfe as Leaders. wth similar appointrnent for the Treasurer. Church Men7ter* shaH oKEn to trrf)se vtho wofess reFentance before Gcrfl arKS faith in Jesus Christ as Saviour and Lord arKd who irKlicate agreement to our Basis of Belief. Acceptance as a member of the ChU￿h foknrfs agreement wth our Basis of Belief and signing the Church's Membership B(x)k. Trustees The elected rnembers of the Church Leadership, excludirKJ the TrAinister(s), become the Trustees of the charity on election to office. Members of the Church Leadership 2.5 pastor in rK)St. At trE Annual Gen￿￿ Meeting 28 May 2023 the Leaders agre9￿ to serve for a f urther 12 months. wilh the proviso that any could slep down or others added as requiredlneeded Lethrshp Team: Mr A BaThYick Emmanuel Church. Aylsham Mrs Y WestWOCKI Miss Helen Daniels Statement of Responsibllities The Church Leadership is responsible for the preparation of the financial statements for each f4nancia year. which gNe a true and fair view of the Church's incoming resources and applicatron of resources during the year and of its state of affairs at the end of the period. In selects suitable accounting policres and then applies them consistenty. makes judgments and ests"mates that are reasonable and wudent. prepares the accounts on the going concem basis unless it is inappropriate to presume that the Church continue in operat4￿. The Church Leadership is res￿nSIble for keeping proper accounting records which discbse with reasonab￿ accuracy at any time the financial p)sition of the Church and enable them to ensure that the financial staterne￿ comply wth Ctw&Es Act 1993. The Leadership is also responsible for safeguardir@ the assets of the Church and hence fcff tsking reasonable steps for the preV￿tKIn and detectK¥) of fraud and breac1￿ of law and regulth. Governance Internal controls over all forms of commitment and expenditure continue to be refined to improve efftcEncy. PrcLesses are in * to etLgJre It￿1 [*rf0mw￿ is monitored. and thal appropriate management inf0m1￿10n is prepared a￿1 reviewed regularly by both the Church Leadersh￿) and the Church Memtrws. The systems of intemal contrd are designed to pTr￿lde reasonable but not absolute assurance against material misstatement or loss. They include.. regular consideration by the Church Leadership arKI Church Members of finances. delegation of daY-t(￿tsY management auth￿ and segregatK)n of duties. Identrfication and management of rtsks. External Advisers Bankers Barclays Bank plc, Market Place, Nijfolk NR116EW This account was closed wrth lrttle notice on 31 October 2023, r￿esSi1allng short teryn arrangements until the Trustee's were able to open a new bank account. The balan￿ of £22285.58 was transferrel by agreement wth the Tru*s of Aylsham Cornmunty Church to their account to hold while application for a new account was processed wth CAF Bank, wh'ch was duly opened in and the monies received into it in February 2024. Indepandent Examinar Mr Mike Garw( 3. Church Leadership's Report Use of Cawston Road Chapel as a place of putAic Worsh￿ for the service of Abnighty G￿J. Emmanuel Church. Aylsham a place for the instruction of chIldT￿ or adults or as a church hall orto further the religious and other charitable work of the congregations fomierfy meeting at those places for relTgious worship and for such othw chantable purposes as mayfrorrt time ID time be endorsed by the Church in General Meeting a place for maintsining and practi&ng the doctrine and rtte of the baptism of believers b) (1) The advancement of the Christian Fatlh, education and any other charitable purposes in the Llnited Kingdom andlor other parts of the worfd Our Activitie5 Gall￿.ng t￿￿ether frequently for worship in prayer and praise. Remembering the Lord Jesus Christ as we cdebrate Communion. LeamirvJ together as we stu(ty the Bible, encouragiThJ each other in the faith. + Proclaiming the Gospel to adutts. young people and children. helping them to understand what li mean& + Baptising belÉevers by total immersion. Dedicating babies and small children to the L￿d. Serving the communty as best we can. S￿￿1ng a concem f￿ the physical and spiritual wellbeing of the whole W￿ld 3.2 Achlevements and Perforniance lft February 2023, refufbishment I￿1￿jIng vffjrf( was completed and the fdlffikn'p was able to return to worship in the chapel on 12 March. The buiSdirvJ which is fully inclusive with a full dIsa￿l changirrfJ facility, VRS also made a4ailatk for commuThty use and was wdl received being used most days. The Church expressed its part in the life of the wider church by making grants lo national and internakn'onal Christian organisations and societies with Christian aims and objectives compatible with the Church's rmn chantable purrx)se. This has included SUPFrfXt. financially and through prayer for the Bible S￿iety, Leprosy Mission, Songs of Hope and Freedom, Barnabas Fund and Trans World Radio. Church meets every Sunday for worstmp and teachiro of the Christian Faith. as VAI as other midweek Bible Study and Prayer fime. The meets'ngs of the Church are open to all in the communty. arKI the Church actively seeks to engage with the wKler community in its acts'vities. The Leadership Team has met monthty the year and members are regulaty infonned and consulted regarding church acts.v￿"es at Members MeetirKJS held 4 ts'mes during the year. ReFy)rts of the a¢tfiiities of the clwrch were provided the Accounts for approval at the AGM hdd on 28 May. The charity trust￿ have compl￿5 wtti in s*tm 17(5) of trE Charities Act 2006 to have due regard to public benefit guidance publish￿ by the Charity Commissicm. 4. Financial Rvview and Resufts For The Year 1 Financlal Review During the 12 m(xrtts to 31 D&embef 2023 the Church had a total income of £54,824 (2C122: £57,729). Income included Grant fundirNJ of £11,200. G5ving to supwxt the wider work of Mission amounted to £930 (2022 . £1,(YJO). Emmanuel Church. Aylsham Charitable Expenditure was lower than on the previc>us year at £129,054 (2022: £344,881), largeFy The Church receivgj a £65.(KJO l(xn arKI so total furmls only decreased to £22,615 (2022 £31.845). The available funds will be used to complete the final refurb and extension of the Church the purpose of increasing outreath arKI ￿ communty work of the Church. The Church Leadership is COnf￿ent that the current funds together with future income. will be 4.2 Grant Making Policy Grants from the Pastoral Fund The Pastoral Fund exists to the n￿Y a￿1 to emulate the early church in the way it cared for its kKhxer memters. In order that rwwests f(x the Pastoral FuTra can be re¥￿)n￿ to rapidly, the Church Leadership has delegated decision-making on these requests to the Other Grants The Church actively supports the wider work of mI￿10n through the setting aside of a part of its annual income for the support of organisatic¥)s engaged in Mission. The amount and the recipients of grfts are agr￿ annually by Church at a Church Meeting. 4.3 Reserves Policy The Church believes in the grace of G(Kl to provide for ts financial needs as th8y arise through the gving of rts rnembers and others. In princple, the Church belie¥es that rnonies given should be utilised for the furtherance of the work of the Church as soon as is practical and is consistent with an ordety and reS[￿ble stewardship of the furmts arKI the work of the Church. In practice, in the view of the Church Leadership, free reseryes {after setting asKle funds earmarked for At 31 Decemb8r 2023 the Church had three months unrestricted free reserves. 4 Pen8lons Not applicable 4.5 Report of the Independent Examiner J haye ¢ompW my examinatm of ts acc(xwts to 31SI Decemter 20211 confinn that no materia matters have come to my attention in connectN)n with the examination giving me cause to believe that in any rnater￿ respecL 1. accounting records were not kept in resp￿1 of the as required by section 130 of the Act" or 2. the accounts do not accord wrth those records. I have no concerns and have come across no other matters in connectK)n with examination to which attenti￿ shoukl be drawn in this retmxt in order to enable a proper understandirg of the 13th September 2024 Dated.......................... Mike Garwix)d, MAAT, 29 Stevenson Road. Wroxham, NR12 8FE Emmanuel Church. Aylsham EUMANUELCHURCFL AYLSHAII Sts18rn*tit of Flnancial A£dvMe5for %È¢tion A Rcccipts paymon￿s ear end•d 31 December2023 Total T4A*I Fun Fun in02rr 39874 29.3B1 Budthg itètt FL 26.2Y) I1￿) R••¢Jur¢•* ExpDnd•d mir￿ 3372 4.146 113.552 124752 339,736 RI••u￿$ Exp•nd•d NET *XOMNGIIOUTGOWGlt4th .742x1 -74230 -287.152 NET NCOMNGIIWTGOWGI -287,152 31045 31,84S 318.997 Bd8rWCArr￿d fon¥a 31145 R•wici•d To Fw TotAI Fund• 2022 C••h r*XW 22.815 The Notes numbered 1 to 4 fomi part of these a(xounts. 1 kcountlng Pollcle• Basis of Preparation The accounts ar8 prepared on a ,￿Ceipts and payments. basis. Thusall In￿Me is tecognised as received. and payments as made. Restrlcted Funds Designated funds are used for gifL% received for Mission purposes. and forlhe Pasknral Fund of thè Church. Emrnanuel Churth. Aylsham A Fabric Fund also exists as a Designated Fund. for gifts received where Ihe donor has indicaled a de&re for such gifts to be used for the maintenance or enhanc£ment of the Churd) Properties. 2 Misslon UnRestrkted Funds MAF Home ￿ssIons." Tearfund, Leprosy Mi&%ion. The British & Foreign, Releas8 Intemab'onal 200 730 Bamabus 30 3 Mlnltstry Unrostrictsd Fund Salaries and associated costs Subscriptions. stationery, postage and photocopier ￿$ts Imlnlsters) L8ad8rs &xpen88sIMeetings & Events CR81safeguarding Book4