Charity number: 1051917
EMMANUEL CHURCH
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31ST JANUARY 2025
EMMANUEL CHURCH
CONTENTS
| Page | |
|---|---|
| Charity information | 1 |
| Trustees report | 2-5 |
| Independent examiner’s report | 6 |
| Statement of financial activities | 7-8 |
| Balance sheet | 9 |
| Kingdom Krafts: Statement of financial activities | 10-11 |
| KingdomKrafts:Balancesheet | 12 |
EMMANUEL CHURCH
CHARITY INFORMATION
CHARITY NUMBER
GOVERNING INSTRUMENT
TRUSTEES
TREASURER
PRINCIPAL ADDRESS
BANKERS
INDEPENDENT EXAMINER
1051917
Trust deed
Mrs Camilla Fisher Mrs Denise Picton Mr Stephen Russell
Mr Mike Picton
Emmanuel Christian Centre Lloyd Street Llandudno LL30 2YA
Natwest 62 Mostyn Street Llandudno LL30 2SN
Mr Richard Nicholas 1 Bryn Asaph Cottages Upper Denbigh Road ST ASAPH LL17 OBH
1
EMMANUEL CHURCH
REPORT OF THE TRUSTEES FOR THE 12 MONTHS ENDING 3ist JANUARY 2025
The Trustees present their report and financial statements of the charity for the 12 months ended 31st January 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 8 and comply with the charity’s trust deed and applicable law.
Objectives and activities of the charity
The church exists for the proclaiming and furtherance of the Gospel of God concerning His Son, Jesus Christ our Lord; and the preaching and teaching of the Word of God, in accordance with the essential doctrines and articles of belief listed in the constitution.
Governance, Management and Trustees
The church is governed by elders elected by the membership, supported by the rest of the Church Council, who are appointed by the elders from among the membership.
All these trustees are shown on page 1.
Pastor at 31st January 2025 is Stephen Russell (voted in May 2024). The constitution sets out the operating procedures of the Church.
Trustees’ responsibilities in relation to the financial statements Law applicable to charities in England and Wales require the trustees to prepare financial statements for each financial year, which give a true and fair view of the charity’s financial activities during the year, and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
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ae select suitable accounting policies and then apply them consistently 7 make judgements and estimates that are reasonable and prudent = state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements
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- prepare the financial statements on the going concerned basis, unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity, and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity, and hence, for taking reasonable steps for the prevention of fraud and other irregularities.
2
EMMANUEL CHURCH
REPORT OF THE TRUSTEES FOR THE 12 MONTHS ENDED 3ist JANUARY 2025 Continued
Reserves policy
No formal policy on reserves is in place.
ACHIEVEMENTS, PERFORMANCE AND FINANCIAL REVIEW
Financial review and investment policy
Full details of the financial transactions are contained in the attached accounts. Total incoming resources for the period were £63,868 (2024 £46,251) After deducting resources expended of £60,920 (2024 £50,337) the excess of expenditure over income amounted to £22,948 compared with an excess of expenditure over income of £-4,086 the previous year. The net unrestricted assets of the charity at 31st January 2025 were £157,740. The above figures reflect the financial position of the charity, which includes Kingdom Krafts as well as Emmanuel Church.
Review of activities
We continued to hold regular prayer meetings on the first Wednesday evening of the month, and bring-&-share meals on the first Sunday of the month after the service until May. From May to August we opted for picnics on West Shore. We did not resume the bring-&-share meals in September.
Margaret Wright organised a prayer rota for Lent so that every day someone was praying for someone else. These were emailed to everyone (those without email were given paper copies). She also organised a continuation of the rota until the end of May.
There was an Easter Crafternoon at the end of March. Unfortunately, we had to cancel the Christmas Crafternoon in November due to circumstances beyond our control.
On Easter Sunday, FoodShare provided a roast chicken dinner for around 55 church members and regulars.
The church was open on the Saturday of the Victorian Extravaganza in May. We had refreshments with cakes, a craft stall, the CHU stall, Litthe Doves had a bric-a-brac stall, and there was a model railway exhibition.
We continued to open the church on Wednesday mornings for Tea & Toast and FoodShare.
We again held Open House at various folks’ homes on Wednesday evenings during August.
Thanks to a very generous donation, we were able to fit new heating and lighting in September.
3
EMMANUEL CHURCH
REPORT OF THE TRUSTEES FOR THE 12 MONTHS ENDED 31st JANUARY 2025 Continued
In November, we started a new initiative on a Friday morning called Craft & Connect. We intend to run this on a fortnightly basis. The first few sessions have been well attended.
We ran a CAP (Christians Against Poverty) Life Skills Course, and Sian, the FoodShare Manager, ran a monthly Cooking with Confidence course.
Foodshare provided a Christmas dinner for around 50 folk after the service on the Sunday before Christmas.
During the year several of us led services at Tan-y-Fron independent living complex.
4
EMMANUEL CHURCH
REPORT OF THE TRUSTEES FOR THE 12 MONTHS ENDED 315t JANUARY 2025 Continued
Members
As at 31% January 2025 our membership stood at 37.
Community benefit
As shown in the financial statements, £10,540 was donated to worthy causes (advancement of religion and education, and relief of those in need), which amounts to 16.50% of our total income. The church provides an opportunity for visitors and local people to worship and develop their Christian faith. Most meetings are open to the public, and the Sunday congregation regularly includes a wide variety of people, including foreign nationals, the employed, self-employed, volunteers, retired, homeless, and those with learning difficulties and mental iliness.
Bible teaching given includes encouragement to follow the example set by Jesus in serving others, reaching out to the marginalised, helping those in need, and encouraging others to seek God and follow Jesus themselves. Children learn the same things, in appropriate ways in their classes.
Approved by the trustees and signed on their behalf by:
Name in capitals: M\cHa€ C1CTom Date: Zo + Z& Signature: ‘
5
Emmanuel Christian Centre
Notes forming part of the financial statements for the year ended 31st January 2025
1.Principal accounting policies
A. Accounting Convention
The financial statements are prepared under the historical convention as modified by the inclusion of investments at market value and in accordance with the Financial Reporting Standard for Smaller Entities. In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice "Accounting and Reporting by Charities”.
B. Incoming Resources
Income is accounted for when it is received.
C.Resources Expended
Expenditure is included on an accruals basis and provision is included in the financial statements for ail known liabilities at the balance sheet date.
| Note | Unrestricted | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|---|
| 31.1.25 | 31.1.25 | 31.1.25 | 31.1.24 | ||
| 2. Resources expended | |||||
| Direct Charitable Expenditure | |||||
| Special Offerings | 0 | 0 | 0 | 0 | |
| Pastoral Ministry& Expenses | 10,540 | 13,152 | |||
| Mission & other Charitible Gifts | 12,950 | 2,550 | |||
| Provision& Insurance | 4,038 | 3,921 | |||
| Administration Costs | 30,592 | 28,914 | |||
| Depreciation | 2,800 | 1,800 | |||
| 60,920 | 50,337 | ||||
| Ft | |||||
| 3. Fixed Assets | Leasehold & | Fixtures& | Total | ||
| Lease Buildings _Fittings | Fittings | ||||
| Cost | |||||
| At istFebruary 2024 | 233,960 | 38,842 | 272,802 | ||
| Additions - heatingsystem | 0 | 21,979 | 21,979 | ||
| At 31stJanuary2025 | Ss | 233,960 60,821 ae |
294,781 Tae |
||
| Depreciation | |||||
| At 1st February2024 | 114,512 | 38,262 | 152,774 | ||
| Charge fortheYear | 800 | 2,000 | 2,800 | ||
| At 31stJanuary2025 | Spear | 115,312 cena |
40,262 om ma |
155,574 reseer marae ocecacy |
|
| WrittenDownValue | _s—“‘CCS | _ | |||
| 31stJanuary2025 | SSS | 118,648 20,559 eee |
139,207 eeernrenaremreccotrentered |
||
| 31stJanuary 2024 | 119,448 580 ae |
120,028 SS |
-
There were no debtors during the financial year.
-
There were no creditors during the financial year.
Emmanuel Christian Centre Statement of Financial Activities
for the Year Ended 31st January 2025
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|||||
|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|31.1.25|31.1.25|31.1.25|31.1.24|
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Note
Incoming Reseources
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|||||||||
|---|---|---|---|---|---|---|---|
|Offerings|&|Direct|Giving|40,095|20,000|60,095|38,112|
|Foodshare|-|rental|income|2,500|2,500|7,500|
|Tea|&|Toast|0|0|89|
|Bank|interest|352|352|334|
|Gift|Aid|Tax|Refund|20,741|20,741|0|
|Carpet fund|0|0|216|
|Room|hire|180|180|0|
|Total|for the|Year|63,868|20,000|83,868|46,251|
|Fn|
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Resources Expended
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|||||||||
|---|---|---|---|---|---|---|---|
|Direct|Charitable|Expenditure|2|60,920|50,337|
|Net|Incoming|Resources|2,948|20,000|22,948|~4,086|
|Transfers|0|fe)|0|
|Net|Movement|in|Funds|2,948|2,948|-4,086|
|Balance|at|1st|February|2024|154,792|154,792|158,878|
|Balance|at|31st January|2025|157,740|20,000|177,740|154,792|
|SSSCTSAares|me evan|
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4
Emmanuel Christian Centre Profit And Loss Account
2025
2024
For the year ended 31 January 2025
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| Income | Offerings & direct giving | £60,095.00 | |||||
| Interest | £352.00 | ||||||
| GiftAid tax refund | £20,741.00 | ||||||
| Rental income - Foodshare | £2,500.00 | ||||||
| Room hire | £180.00 | ||||||
| Carpet fund | £0.00 | ||||||
| £83,868.00 | £46,251.00 | ||||||
| Expenses | Accountants fees | -£400.00 | -£400.00 | ||||
| Arch decorations | -£48.00 | £0.00 | |||||
| Catering | -£195.00 | £0.00 | |||||
| Christmas decorations | £0.00 | -£104.00 | |||||
| CHU UK | -£11,025.00 | -£1,800.00 | |||||
| Cleaning | ~£2,103.00 | -£2,303.00 | |||||
| Cleaning materials | -£177.00 | ~£218.00 | |||||
| Coffee | -£195.00 | -£29.00 | |||||
| Communion wine | -£55.00 | £0.00 | |||||
| Contractor | £0.00 | ~£1,440.00 | |||||
| Craft& Connect | -£78.00 | £0.00 | |||||
| DBS | -£194.00 | -£157.00 | |||||
| Electric | -£15,224.00 | -£6,113.00 | |||||
| Ewan McGregor | -£1,200.00 | -£1,336.00 | |||||
| Flowers | -£50.00 | £0.00 | |||||
| Funeral costs | -£157.00 | £0.00 | |||||
| Gas | -£2,493.00 | -£4,067.00 | |||||
| Gifts | -£375.00 | -£200.00 | |||||
| Healingthe Nation | £0.00 | -£100.00 | |||||
| insurance | -£4,038.00 | -£3,921.00 | |||||
| Lanyards | £0.00 | -£126.00 | |||||
| Music licence | -£194.00 | £0.00 | |||||
| Pest control | £0.00 | -£768.00 | |||||
| Postage & stationery | -£102.00 | -£18.00 | |||||
| Preaching | -£410.00 | -£862.00 | |||||
| Property maintenance | -£2,713.00 | -£5,171.00 | |||||
| Publications | £0.00 | -£23.00 | |||||
| Purchase of blade flags | -£62.00 | -£183.00 | |||||
| Purchase ofdishwasher | £0.00 | -£154.00 | |||||
| Purchase of printer | -£215.00 | £0.00 | |||||
| Purchase oftoaster | -£116.00 | £0.00 | |||||
| Purchase of hot water boiler | -£235.00 | £0.00 | |||||
| Purchase of lectern | £0.00 | -£60.00 | |||||
| Refreshments | -£166.00 | -£227.00 | |||||
| Rent | -£3,001.00 | -£3,001.00 | |||||
| Resources | -£176.00 | -£342.00 | |||||
| Shevet Achim | -£600.00 | -£650.00 | |||||
| Steve Russell | -£10,130.00 | -£12,290.00 | |||||
| Subscription | -£70.00 | £0.00 | |||||
| Sundry | -£236.00 | £0.00 | |||||
| Telephone | -£648.00 | -£616.00 | |||||
| Training course | -£470.00 | -£403.00 | |||||
| Waste disposal | -£640.00 | -£756.00 | |||||
| Water rates (Refund) | £143.00 | -£536.00 | |||||
| Website | -£72.00 | -£163.00 | |||||
| Depreciation | -£2,800.00 | -£1,800.00 | |||||
| -£60,920.00 | -£50,337.00 | ||||||
| NETINCOME/(LOSS) | £22,948.00 | -£4,086.00 |
.
3
Emmanuel Christian Centre Balance Sheet at 31st January 2025
31.21.25
31.1.24
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Note
Fixed Assets 3 139,207 120,028
Current Assets
Debtors 4 0 0
Bank & Cash in Hand 38,533 34,764
38,533 34,764
ee [i
Current Liabilities
Creditors due within 1 year 5 0 0
Sa SUES
Net Current Assets 38,533 34,764
177,740 154,792
SoMa LS
Funds Employed
Restricted funds 20,000 0
Unrestricted funds 157,740 154,792
177,740 154,792
sae none Sti
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These financial i) atements were approyedby the Trustees on the FiDS* < JUse LOgte Sa and signed Trustee ay{2a 2 a —- Treasurer a \ f SePyen KvsselLu. ve Picts) Lat ce FIECTSS
| KINGDOM KRAFTS | |
|---|---|
| BalanceSheetasat31December2024 (iimonths) Ee a [2449.80] |
Accumulated FundBroughtTorward_ |
| a a es ee ee Trading and Profit& LossAccountthe Year Ended 31 December2024 |
|
| 8 er [~36590.32[ [NonVATSales t085.79[ ES) es EE feos oFsas ee paa567]stocky 0] |
__ 865.70]Café Items {656.35} [aa788.36 |
| pT xpenses |
__6318.00] [Rent |
| 106.16] Caféexpenses |
|
25.00] Donation |
|
| [i557sa] —___ | NETBROFRTLOSS |
| Rentto Mostyn Estates is for 11 months only and does not include£9000 from Beacon Books which was |
|
| paid in inJanuary 2025,whichwould have produceda profit of£137.59 Accounts compliledby |
|
| Pam Kirkham _ |
vo)
2:46 PM 21/01/25 Accrual Basis
Kingdom Krafts Profit & Loss February through December 2024 ;
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|||||
|---|---|---|---|
|Feb - Dec 24|
|Ordinary|Income/Expense|
|Income|
|TRADING|INCOME|
|Sale|of KK Goods|16,385.79|
|Total|TRADING|INCO...|16,385.79|
|Total|lricome|46,385.79|
|Cost|of Goods|Sold|
|Cost|of Goods|Sold|
|Cafe|Items|656.35|
|KK Goods|7,696.31|
|Total Cost of Goods|...|8,352.66|
|Total COGS|8,352.66|
|Gross|Profit|8,033.13|
|Expense|
|Cafe|Expenses|151.74|
|insurance|Expense|580,37|
|Office|Expense|478,24|
|Rent and|Rates|14,043.80|
|Repairs and|Niainten...|15.97|
|Security|105.60|
|Utilities|
|Telephone|1,094.43|
|Water Rates|243.00|
|Total|Utilities|1,837.43|
|Total|Expense|.|16,742.85|
|Net Ordinary Income|“8,679.72|
|Profit for the Year|8,679.72|
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.
nad
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i{ i
4:34 PM 43/04/25
Accrual Basis
Kingdom Krafts UK Balance Sheet - Standard As of 34 December 2024
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|||||||
|---|---|---|---|---|---|
|31|Dec|24|
|ASSETS|
|Fixed|Assets|
|Furniture and|Fixtures|3,058.37|
|Total|Fixed Assets|3,058.37|
|Current Assets|
|Other|Current Assets|
|Stock|4,787.44|
|Total|Other|Current Assets|A,TETAS|
|Cash|at|bank|and|in|hand|
|Cash|Float|50.00|
|Lioyds TSB|6,471.74|
|Petty Cash|50.00|
|Total Cash|at bank and|in hand|6,571.74|
|Total|Current Assets|11,359.18|
|NET CURRENT ASSETS|14 359,18|
|TOTAL ASSETS LESS CURRENT|LIA...|14,417.55|
|NET ASSETS|44,417,55|
|Capital|and|Reserves|—|
|Share|Capital|Account|15,782.87|
|Unrestricted|Net Assets|7,314.40|
|Profit for the Year|8,679.72|
|Shareholder funds|94,417.55|
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Page 7
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