Emmanual Pentecostal Church Registered Charity: 1051825
A fellowship within the Assemblies of God of Great Britain
Trustees annual report & financial statement for the year ending 31 December 2022
Emmanual Pentecostal Church
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Trustees' report for the year ended December 2022
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Rev Kam Pul Yip Chair Of Trustees Daniel James Randall Trustee Mark Woodward Trustee
Charity Number
Emmanual Pentecostal Church became a registered Charity, number 1051825 with the Charity Commission for England and Wales on 08 January 1996.
Charity Address:
c/o Life Church, Sycamore Avenue, Burnley, BB12 6QP
Banks
Virgin Money, 30 St Vincent Place, Glasgow, G1 2HL
Kingdom Bank, Media House, Padge Road, Beeston, Nottingham, NG9 2RS
Independent Examiner
Justin M Charlesworth (MAAT) c/o emerge (UK), 51 Kyffin Place, Bradford, BD4 8NB
Structure, governance and management
The Church is in fellowship with the Assemblies of God in Great Britain, whose General Offices are Assemblies Of God Great Britain, Gf/Fl2 No.1-2 The Cottages, Deva Centre, Manchester, England, M3 7BE However the Church retains its independent and autonomous status.
Method of recruitment and appointment of trustees
The Trustees of the charity are appointed by the Church Council.
The Charity's Objectives
The mission statement of the Church guides all the activities of the Church.
Emmanuel Pentecostal Church is a community of believers who are empowered to advance the Kingdom of God in their everyday life.
Emmanual Pentecostal Church
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Objectives & Activities
The Charity's main activities, achievement and performance
During the year, Jan-Dec 2022, the church was continuing to build upon Sunday gatherings post-Covid pandemic. The church community began meeting regularly again at the end of 2021 and this had continued throughout 2022. The church have been involved in supporting overseas work in Serbia, Ukraine and other closed countries. The church have also been involved in mission projects closer to home, such as TLG early intervention coaching and Boxes of Hope (food parcels) in collaboration with local schools. During 2022, the big decision of selling the church building, which was no longer in use, and was falling into disrepair was taken. The sale finalised in July 2022. This has resulted in a large reserve in the finances. The trustees are planning to invest this income until such a time as it could be used to further the work of the church in Accrington.
Public Benefit Statement
Weekly church services are held at a local coffee shop.�
�A life group meets online weekly. This is for adult members of the Church.�
�Continued interest in overseas work. Continues with regular support to workers in Serbia and also various work around the world.
Safeguarding
Emmanuel Pentecostal Church takes its duties under the Children Act 2004 seriously and has appropriate procedures and leaders appointed to meet its duties under the 2004 Act. If a reasonable suspicion is raised about the protection of a child under the age of 18 years or any adult seen as at risk the Church will undertake its duties using its procedures. The Church has a policy to vet all those who have the responsibilities for the care of children and adults at risk within areas of its responsibilities to comply with the Protection of Children Act 1999.
Financial review
During 2022, the big decision of selling the church building, which was no longer in use, and was falling into disrepair was taken. The sale finalised in July 2022. This has resulted in a large reserve in the finances. The trustees are planning to invest this income until such a time as it could be used to further the work of the church in Accrington.
Reserves Policy
The charity is financed mainly through the voluntary offerings and gifts from the congregation. The charity’s free cash reserves at the year end were £162,461 (2021 - £56,567). It is the Trustees policy to maintain a balance of unrestricted funds (if possible), which equates to at least £8,000. The balance of £162,461 held of free cash reserves funds at the year-end exceeded this target.
Signed on behalf of the board of Trustees:
Rev Kam Pul Yip Daniel Randall
Chair of Trustees Trustee Date: 9th October 2023
Emmanual Pentecostal Church
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Independent Examiner's report
Independent examiner’s report to The Trustees of Emmanual Pentecostal Church
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2022, which are set out on pages 5 to 7.
Respective responsibilities of The Trustees and examiner
As the charity trustees you are responsible for the preparation of the accounts in accordance with the
I report in respect of my examination of the Trust's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 respect of the charity as required by section 130 of the Charities Act; or
2 - the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Justin Charlesworth
Date: 9th October 2023
Emmanual Pentecostal Church
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Receipts and Payments Account for the year ended 31 December 2022
| Notes Receipts Voluntary Receipts Regular Donations Fundraising Activities Missional Activities Asset and Investment sales Sale of Fixed Assets 3 Interest from Deposit Accounts Bank charges refund Total Receipts Payments Cost of Generating Funds Fundraising Costs Charitable activities Activity Costs Wages 4 Pension Contributions Running Costs Rent & Room Hire 5 Building Running Costs 6 Other Running costs Utilities 7 Insurance Telephone, Internet & Postage Asset and Investment Purchases Legal Fees Total payments Net receipts (payments) Transfers between Funds Net receipts (Payment) after transfers Cash Funds at 1 January 2022 8 Cash Funds at 31 December 2022 |
Unrestricted £ 5,617 - 180 5,797 104,101 4 - 104,105 109,902 277 7,798 - - 7,798 4,670 902 - 652 608 10 6,842 480 15,397 94,505 - 94,505 67,956 162,461 |
Restricted £ - 255 1,513 1,768 11,389 - - 11,389 13,157 - 1,762 - - 1,762 - - - - - - - - 1,762 11,395 - 11,395 (11,389) 6 |
2022 £ 5,617 255 1,693 7,565 115,490 4 - 115,494 123,059 277 9,560 - - 9,560 4,670 902 - 652 608 10 6,842 480 17,159 105,900 - 105,900 56,567 162,467 |
2021 £ 7,256 130 1,020 |
|---|---|---|---|---|
| 8,406 - - - |
||||
| - | ||||
| 8,406 | ||||
| - 6,282 - - |
||||
| 6,282 1,445 1,040 - (1,519) 872 36 |
||||
| 1,874 931 |
||||
| 9,087 | ||||
| (681) | ||||
| - | ||||
| (681) 57,248 |
||||
| 56,567 |
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Statement of Assets and Liabilities for the year ended 31 December 2022
| Note Monetary assets Bank and cash accounts Deposit accounts Total monetary assets Other assets Gift aid recoverable 9 Liabilities Independent examiners Fee |
Unrestricted £ 159,225 3,236 162,461 - 250 |
Restricted £ 6 - 6 - |
2022 £ 159,231 3,236 162,467 - 250 |
2021 £ 53,334 3,233 |
|---|---|---|---|---|
| 56,567 | ||||
| - - |
Signed on behalf of the board of Trustees:
Rev Kam Pul Yip Daniel Randall
Chair of Trustees Trustee
Date: 9th October 2023
Emmanual Pentecostal Church
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Notes to support accounts
- 1 Accounting policies The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years. Taxation As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it Unrestricted funds may be used by the church for any of its ordinary purposes.
Restricted funds represent income which may be expended only on those restricted objects provided in the terms of a trust or bequest, or donations or grants received or invited for a specific purpose. These funds can only be spent on the specific purpose for which they were given. Any balance remaining unspent must be carried forward as a balance on that fund for future expenditure on that specific
Fixed assets
Consecrated property and movable church furnishings
Consecrated and benefice property of any kind is not included in the Accounts in accordance with the Charities Act 2011.
| 2 Fund Accounting Notes B/Fwd. Restricted funds £ Building 11 (11,389) Local Mission - Mission - Total for restricted funds (11,389) Designated funds Building 851 Total for designated funds 851 Unrestricted funds 67,105 Total overall Funds 56,567 |
Receipts £ 11,389 255 1,512 13,156 - - 109,903 123,059 |
Payments £ - 249 1,512 1,761 851 851 14,551 17,163 |
Transfers £ - - - - - - - - |
C/Fwd. - 6 - |
|---|---|---|---|---|
| 6 | ||||
| - | ||||
| - | ||||
| 162,457 | ||||
| 162,463 |
Fund details
Building - Restricted - These funds were used to support the previous Church building, which has now been sold Building - Designated - These funds were used to support the previous Church building, which has now been sold Local Mission- Restricted - These funds were a grant to support the delivery of food parcels within the local community Mission - Restricted - These funds are used to support Mission in its widest sense within the work of the Church.
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3 Sale of Assets The Church building was sold during 2022 and the funds shown are deposited in the Current account. The trustees are reviewing Investment options for the future.
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4 Wages The Church does not employee anyone at this time. 5 Rent & Room hire reflects the close of the Church building and using other spaces to meet for activities.
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6 Building Running Costs has reduced after the sale of the Church building.
7 Utilities the figure last year reflects a refund the Church received after Covid Estimated bills.
-
8 Cash Funds at 1 January 2022 is showing a negative balance related to building costs. Some of the Building sale value has ben used to zero this Fund and no further funds are expected.
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9 Gift Aid Recoverable At the moment Gift Aid has not been claimed for a number of years. This is resolved due to the new contact address for the Church.