REGISTERED CHARITY NUMBER: 1054405
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2019 TO 31 AUGUST 2020
FOR
EMMANUEL COMMUNITY CHURCH INTERNATIONAL
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
EMMANUEL COMMUNITY CHURCH INTERNATIONAL
CONTENTS OF THE FINANCIAL STATEMENTS for the Period 1 April 2019 to 31 August 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Cash Flow Statement | 10 |
| Notes to the Cash Flow Statement | 11 |
| Notes to the Financial Statements | 12 to 20 |
| Detailed Statement of Financial Activities | 21 to 22 |
EMMANUEL COMMUNITY CHURCH INTERNATIONAL
REPORT OF THE TRUSTEES for the Period 1 April 2019 to 31 August 2020
The trustees present their report with the financial statements of the charity for the period 1 April 2019 to 31 August 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and activities for the public benefit
The purposes of the charity are:
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The advancement of the Christian faith by the proclamation and furtherance of the Gospel of God concerning his Son Jesus Christ the Lord. Preaching and teaching of the Word of God by the Church in accordance with the statement of fundamental truths of Assemblies of God in Great Britain and Ireland (as approved by the general council from time to time.)
-
Furtherance of associated charitable services for the public benefit locally, nationally and world-wide.
The trustees confirm that they have referred to the Charity Commission's guidance on public benefit and consider that the activities of the charity meet those objectives and provide a benefit to the public.
EXTRAORDINARY CIRCUMSTANCES
The year 2020 ushered in unprecedented circumstances caused by a worldwide pandemic, Covid-19. The impact of this affected the whole world in ways never seen before. The UK government ordered a national lockdown at the end of March 2020. Many people went into self-isolation. Public buildings, including churches were ordered to shut. People were falling sick and dying at alarming levels.
The challenge faced by ECCI was to ensure that the congregation remained safe and unified during this time. Emergency measures were adapted to ensure our weekly services continued. With input from an excellent team, virtual fellowship groups were organised, using the Zoom platform and efforts were made to ensure that everyone had access to a group. Our main Sunday services were moved to pre-recorded services via YouTube.
ECCi continued to provide support and services to the local community during the pandemic. Members were encouraged to reach out to those that were living in isolation and those that were struggling with basic needs. Practical help was provided where possible. Working closely with the safeguarding team. Departments within the church found creative ways to function. An example was the youth and children's ministries that kept contact with their members using social media platforms. This was essential as many children were out of school and secluded in their homes. These activities were closely monitored by the safeguarding team.
Prior to the onset of the pandemic, the pastors had started an initiative called ARQ. This was in consultation with Rev Dr Joel Edwards CBE who chaired a series of meetings with various focus groups. The aim was to test the viability of the church for the future. Is the church relevant and informed about the real world outside of its doors? How will the church look 30 years from now?
A series of focus groups and brainstorming sessions were organised. Majority of these utilised the Zoom platform. Creativity was encouraged through Blue Sky thinking; no idea was considered to be too far fetched. The findings were presented to the trustees and elders who collaborated on ways to develop the ideas. This involved a lot of debate about how relevant we as a church are to our local community and the society of the future.
The impact of the lockdown brought a lot of this work into sharp focus. The reality of the need for drastic change became acute.
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
REPORT OF THE TRUSTEES for the Period 1 April 2019 to 31 August 2020
ACHIEVEMENT AND PERFORMANCE COMMUNITY IMPACT
ECCI works closely with the charitable organisations below and through them continue to have a large and effective impact on the local community. The departments below were able to continue to operate through the restrictions imposed nationally:
Emmanuel Community School
The school was impacted by the National lockdown and restrictions in line with Government guidelines.
Emmanuel Community Church Nursery
The nursery was impacted by the national lockdown.
It initially shut at the start of the first lockdown in March 2020 and re-opened in June 2020 to all children, (although not all children returned at this point. June - July the nursery operated with a reduced service with no afternoon sessions. From September 9 - 3 pm. one staff member was off sick for a time, and one had to shield at various points throughout the pandemic, this impacted the staff to child ratio and the ability to provide the afternoon sessions.
Night Shelter
The night shelter was impacted by the pandemic. This did not operate from the partner churches due to the national restrictions and instead, the homeless individuals were accommodated in a hotel in Ilford. The churches, of which we are one, continued to support with food, clothing and overnight personnel.
Christmas Concert
In December 2019 we delivered a Christmas Concert and invited members of church and our community. It was a great opportunity share the Gospel message with those who came and to connect with the local community.
Friendship Hour
Friendship Hour was impacted by the pandemic. Activities were moved to virtual platforms. a number of our 'seniors' were called by some of the ECCI Pastors. This was a crucial part of Pastoral care, checking on their wellbeing and ensuring that they stayed connected.
Listening Service
This service was provided by telephone and zoom. This was critical as the effects of the pandemic and lockdown started to take its toll on people's mental health.
YouthWave
It was crucial to stay connected with the young people in the church. A new youth Pastor was recruited. Limited, socially distanced face to face meetings were required at times with zoom meetings and telephone calls. These were supervised by the safeguarding team.
Trekkers
This service continued to operate on Zoom throughout the Pandemic with mid-week zoom meetings and kids' clubs during the school holidays.
Explorers
Explorers, ECCI's service to children from 11 - 13 yrs, was held online similarly to the main online services.
Schools Work
During the pandemic and national lockdown, we continued to serve the community connected to our school. Several families were identified considered to be vulnerable due to losing their source of income. Care packages of food were distributed to help these families.
Intern Programme
Impacted by pandemic, our intern continued to work remotely and attended staff meetings and supporting meetings with one of our pastors.
Church Life
During the pandemic the nature of church life evolved. Emphasis was placed on staying connected and helping the congregation stay strong in their Christian walk.
Sunday Worship Services
Each new year we encourage our congregation to take part in a 'Daniel Fast'. The fast involves avoiding meat, animal products and sugar for 21 days. This lifestyle change is accompanied by extra prayer and aims to promote better physical health, spiritual health and emotional health. This has really created a sense of unity amongst our congregation and many of our attendees have adopted a healthier lifestyle because of the fast. All our services are advertised through social media and our website and are open to anyone to attend. We always seek to make our services impacting, life changing and community building.
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
REPORT OF THE TRUSTEES for the Period 1 April 2019 to 31 August 2020
Events, Seminars and Celebrations
We have several departments within ECCi who focus on areas such as: Women, Men, Singles, Young Adults, Family Life, Bereavement and Prayer. Throughout the year these departments run various activities for people inside and outside our Church.
Many of these were impacted by pandemic were unable to operate due to the restrictions.
Christian Life Academy School of Leadership
Students who completed the course graduated this year.
OVERSEAS IMPACT
Haiti Hands and Feet Project
"Hands and Feet" is a non-profit organization dedicated to providing family-style, residential care for children in crisis. We were able to help 5 children access this care by providing financial support monthly.
Compassion
We are supporting ten children in Effiakuma, Ghana through Compassion with a monthly financial gift. One of our Church members has recently moved back to Ghana where he is overseeing the compound that offers support to the local community in Effiakuma.
London City Mission
Exists to serve the church of London in sharing the love of God and the good news of Jesus Christ with the least reached of London. We support LCM monthly, enabling them to employ staff that go into the community connecting with people and sharing the Gospel.
Fountain of Life
We continue to support the hospice in Kyrgyzstan with one of donations for specific requests for projects and purchases.
Panama
The husband of a family we have links within Panama recently passed away unexpectedly. Two members of our Church visited their ministry to offer some practical support and advice and to assess their financial needs. We will be offering personal support to the widow as she plans to stay on and run their community project.
FINANCIAL REVIEW
Financial Review
The Charity's work is entirely reliant on voluntary income from its donors and local authority income to fund the operation of the Nursery. In the current period, ECCi received a total income of £774,422 including a grant of £5,400 for the Nursery. A total of £687,726 was spent on the public benefit of activities of the charity.
The fixed assets of the charity have not been revalued for some years and there may be a need to consider doing this to reflect a more accurate value for these assets. These figures have shown an increase on the last accounts due in part to the extended accounting year and to the reduced spending due to the pandemic restrictions. It is interesting to note though that online giving remained stable throughout.
Reserves policy
The charity aims to maintain free reserves in unrestricted funds at a level sufficient to meet the unrestricted charitable purposes and cover support costs for a minimum of 3 months.
The balance held as unrestricted funds on 31 August 2020 was £1,373,482, of which £361,090 are regarded as free reserves, after allowing for funds tied up in tangible fixed assets. Present assessment indicates a free reserve of £141,627 is required to meet this objective. The current level of reserves is therefore higher than is needed.
The charity currently maintains a restricted reserve of £9,365 including £141 for spending on Friendship hour mission activity and £2,113 - the net book value of Nursery equipment which is being depreciated over its useful economic life.
Risk Management
ECCi has no investments and therefore, no need a present to manage any such related risks. However, it takes every precaution to minimize the risks that may arise through its charitable activities. ECCi does this by ensuring that there are fully updated and effective policies in place which are actively monitored and reviewed on a regular basis. These include but are not exclusive to: A robust system of financial controls.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Background
Emmanuel Christian Centre was established in 1926 as part of Assemblies of God in Great Britain & Ireland, and subsequently as a separate charity by a Trust Deed dated 16th January 1997. To reflect its current identity more accurately, in 2015 the charity changed its name to Emmanuel Community Church International (ECCi). The year 2020 witnessed plans for the churches transition from an unincorporated association to a CIO.
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
REPORT OF THE TRUSTEES for the Period 1 April 2019 to 31 August 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT Structure, Governance and Management
ECCi is overseen by a board of up to nine Trustees 5 of whom are elected by the Registered Partners of the charity following a vote. They remain in post for 2 years following which they can stand for re-election. The Senior and Senior Associate Pastor are automatically trustees. The Senior Pastor is the Chairman of the board of Trustees and appoints 2 of the 9 trustees from among the Elders. These 4 trustees remain in post indefinitely.
The board meets 6 times a year to oversee the administration of the charity. The day-to-day administration of the charity is delegated to the Administrator and to several teams and committees which operate within policies and procedures laid down by the board. The various sub-committees carry out specific tasks and make recommendations to the wider board for consideration.
To ensure that our organisation operates well, we have membership with various external organisations such as: Assemblies of God UK and Ireland, Evangelical Alliance UK, Association of Church Accountants and Treasurers and the Churches Child Protection Advisory Service.
Trustee Training
Once appointed our new Trustees sign a model Trustee declaration statement committing them to giving of their time and expertise and undergo a process of induction and are presented with a welcome/information pack which outlines the policies, procedures, Church Constitution, Trust Deed, Holding Trustees, current Trustees and The Charity Commission's guidance 'The Essential Trustee; what you need to know' and 'Public Benefit; running a charity'.
Trustees attend ongoing training provided internally and by external providers.
Health and safety management
We have a health and safety policy and a range of risk assessments and procedures in place which are regularly reviewed and updated. There are measures and processes in place to help us to maintain safe environments which are monitored by staff members and overseen by a Trustee.
Safeguarding structures
Two of our Registered Partners help us to maintain good safeguarding structures at ECCi. Our Safeguarding Officer is a Barrister, and our Safeguarding Deputy is a Social Worker, both bring skills and experience to this role that are crucial in helping us run our provision with excellence and care. We have a Safeguarding policy in place which is reviewed on a yearly basis. We also run safeguarding training for our staff and volunteers on a regular basis.
Prospective volunteers at ECCi are expected to be a Registered Partner of our Church, showing that they are willing to follow our structure and leadership. They also complete a DBS check and go through a short interview before being allowed to serve in a Department of ECCi. Some of our departments also obtain references for our volunteers. These structures help us to implement safe standards for all our users and volunteers.
Church Partnership
We currently have 301 Registered Partners and a waiting list of prospective Partners who still need to go through our Partnership Programme.
We are very grateful for the hard work and commitment of all the volunteers at ECCi who help to bring our vision to life through the various programmes we run. We also want to honour those who support the work that we do financially, we are so thankful for the community of believers that have chosen to join with us.
Monitoring Achievement
The activities of ECCi are provided by a number of departments who are allocated a small annual budget. Each department has a leader who is also the budget holder. The department leader is responsible for monitoring the activities of its department and evaluating the effectiveness of its activities in the light of the charity's objectives. We aim to review all departments on a three-year basis to consider its progress, development and viability.
Key management remuneration
The trustees carry out an annual pay review to ensure that the charity's pay levels are fair, competitive and an effective use of charitable funds.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1054405
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
REPORT OF THE TRUSTEES for the Period 1 April 2019 to 31 August 2020
Principal address
The Greenleaf Centre 67-69 Greenleaf Road Walthamstow London E17 6QP
Trustees
Rev Douglas Clarkson Williams Chair Rev Anthony Paul Hodgkinson Deputy Chair Mr Wane Newton Brockett Health and Safety Mrs Debra Duncan-Silvera HR Mrs Shernell Dianne Durrant Treasurer (resigned 8.5.19) Ms Anetta Toudji Secretary Mr Paul Butler Mr Mark Williams (appointed 5.2.20) Ms Oluwatoyin Cornwall (appointed 5.2.20) Ms Deborah Lewis (appointed 7.11.20)
Independent Examiner
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Bankers
Barclays Bank plc Leicester LE87 2BB
CAF Bank Ltd 25 King Hill Avenue West Malling Kent ME19 4JQ
Santander UK plc BBAM Bridle Road Bootle Merseyside L30 4GB
Triodos Bank Deanery Road Bristol BS1 5AS
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
REPORT OF THE TRUSTEES for the Period 1 April 2019 to 31 August 2020
REFERENCE AND ADMINISTRATIVE DETAILS Nursery Committee
Debbie Lewis Chair Jill Lovell Secretary Sue Pattimore Hon. Treasurer / Administrator Michelle Spink Parent Representative Edith White Co-opted member of ECCi Mavis Amponsa Nursery Manager Elders Rev D Williams Mr D Permale Rev A Ratnaras Rev A Hodgkinson Mr P Bombo Dr A Oluwatudimu Mr W Brockett Mr B Greaves Mr D Lovell Mr E Baffour Mr J Stephens Mr C Palmer Rev D Brown
ECCi Holding Trustees Dayarnandan Permale Joyce Lovell David Lovell Kenneth Evans Jun 24, 2021 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
Anthony Hodgkinson (Jun 24, 2021 14:30 GMT+1).............................................................................. Rev Anthony Paul Hodgkinson - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMMANUEL COMMUNITY CHURCH INTERNATIONAL
Independent examiner's report to the trustees of Emmanuel Community Church International
I report to the charity trustees on my examination of the accounts of Emmanuel Community Church International (the Trust) for the period 1 April 2019 to 31 August 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England & Wales which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
mwbrindley
mwbrindley (Jun 25, 2021 11:24 GMT+1)
Maurice Brindley BSc FCA Institute of Chartered Accountants in England & Wales Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Jun 25, 2021 Date: .............................................
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES for the Period 1 April 2019 to 31 August 2020
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Charitable activities 4 Church activities Investment income 3 Other income Total EXPENDITURE ON Charitable activities 5 Church activities NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 568,310 199,553 948 3,059 771,870 679,732 92,138 1,281,344 1,373,482 |
Restricted funds £ 1,241 1,311 - - 2,552 7,994 (5,442) 14,807 9,365 |
Period 1.4.19 to Year ended 31.8.20 31.3.19 Total Total funds funds £ £ 569,551 482,090 200,864 146,185 948 581 3,059 - 774,422 628,856 687,726 525,544 86,696 103,312 1,296,151 1,192,839 1,382,847 1,296,151 |
|---|---|---|---|
The notes form part of these financial statements
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
BALANCE SHEET
31 August 2020
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 10 1,353,867 2,113 CURRENT ASSETS Debtors 11 7,932 - Cash at bank and in hand 388,241 7,252 396,173 7,252 CREDITORS Amounts falling due within one year 12 (35,083) - NET CURRENT ASSETS 361,090 7,252 TOTAL ASSETS LESS CURRENT LIABILITIES 1,714,957 9,365 CREDITORS Amounts falling due after more than one year 13 (341,475) - NET ASSETS 1,373,482 9,365 FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS The financial statements were approved by the Board of Trustees and authorised for issue on .......... signed on its behalf by: Ju |
31.8.20 Total funds £ 1,355,980 7,932 395,493 403,425 (35,083) 368,342 1,724,322 (341,475) 1,382,847 1,373,482 9,365 1,382,847 ............................. n 24, 2021 |
31.3.19 Total funds £ 1,362,300 20,506 340,008 360,514 (41,022) 319,492 1,681,792 (385,641) 1,296,151 1,281,344 14,807 1,296,151 ...... and were |
|---|---|---|
Anthony Hodgkinson (Jun 24, 2021 14:30 GMT+1)
............................................. Rev Anthony Paul Hodgkinson - Trustee
paul butler............................................. paul butler (Jun 24, 2021 15:14 GMT+1) Mr Paul Butler - Trustee
The notes form part of these financial statements
Page 9
EMMANUEL COMMUNITY CHURCH INTERNATIONAL
CASH FLOW STATEMENT for the Period 1 April 2019 to 31 August 2020
| Notes Cash flows from operating activities Cash generated from operations 1 Interest paid Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash used in investing activities Cash flows from financing activities Loan repayments in year Net cash used in financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
Period 1.4.19 to Year ended 31.8.20 31.3.19 £ £ 148,059 128,596 (13,801) (11,077) 134,258 117,519 (37,915) (6,190) 948 581 (36,967) (5,609) (41,806) (28,544) (41,806) (28,544) 55,485 83,366 340,008 256,642 395,493 340,008 |
|---|---|
The notes form part of these financial statements
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE CASH FLOW STATEMENT for the Period 1 April 2019 to 31 August 2020
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Interest paid Decrease/(increase) in debtors Decrease in creditors Net cash provided by operations |
Period 1.4.19 to Year ended 31.8.20 31.3.19 £ £ 86,696 103,312 44,235 21,581 (948) (581) 13,801 11,077 12,574 (3,985) (8,299) (2,808) 148,059 128,596 |
|---|---|
2. ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS
| At 1.4.19 | Cash flow | At 31.8.20 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 340,008 | 55,485 | 395,493 |
| 340,008 | 55,485 | 395,493 | |
| Debt | |||
| Debts falling due within 1 year | (28,600) | (2,360) | (30,960) |
| Debts falling due after 1 year | (385,641) | 44,166 | (341,475) |
| (414,241) | 41,806 | (372,435) | |
| Total | (74,233) | 97,291 | 23,058 |
The notes form part of these financial statements
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS for the Period 1 April 2019 to 31 August 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements and assessment of going concern
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
The financial statements are presented in sterling (£).
Critical accounting judgements and key sources of estimation uncertainty
In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements. Useful economic life of tangible fixed assets:
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Governance costs
Governance costs comprise auditors' remuneration.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property Fixtures and fittings - 33% on cost and 10% on cost
Only items costing over £500 will be capitalised and depreciated. Fixed assets are for use by the charity in fulfilling its main charitable objects and are capitalised and depreciated.
Taxation
The charity is exempt from tax on its charitable activities.
Debtors
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash and bank accounts with no withdrawal limits.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
Fund accounting
Unrestricted funds are donations and other income received or generated for the objects of the charity, They are given without further specified purpose and are therefore available as general fund.
continued...
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
1. ACCOUNTING POLICIES - continued
Fund accounting
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2. DONATIONS AND LEGACIES
| Voluntary Income Gift aid Grants |
Period 1.4.19 to Year ended 31.8.20 31.3.19 £ £ 489,059 409,754 75,092 62,336 5,400 10,000 569,551 482,090 |
Period 1.4.19 to Year ended 31.8.20 31.3.19 £ £ 489,059 409,754 75,092 62,336 5,400 10,000 569,551 482,090 |
|---|---|---|
| 482,090 |
Grants received, included in the above, are as follows:
| Period | |||
|---|---|---|---|
| 1.4.19 | |||
| to | Year ended | ||
| 31.8.20 | 31.3.19 | ||
| £ | £ | ||
| National Lottery Awards for All | - | 10,000 | |
| Leytonstone Community Preschool | 5,400 | - | |
| 5,400 | 10,000 | ||
| 3. | INVESTMENT INCOME |
| INVESTMENT INCOME | ||
|---|---|---|
| Period | ||
| 1.4.19 | ||
| to | Year ended | |
| 31.8.20 | 31.3.19 | |
| £ | £ | |
| Deposit account interest | 948 | 581 |
continued...
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
4. INCOME FROM CHARITABLE ACTIVITIES
| Activity Income from Charitable Activities Church activities 5. CHARITABLE ACTIVITIES COSTS Church activities 6. SUPPORT COSTS Church activities 7. TRUSTEES' REMUNERATION AND BENEFITS Trustees' salaries Trustees' social security Trustees' pensions paid |
Direct Costs £ 672,601 |
Period 1.4.19 to Year ended 31.8.20 31.3.19 £ £ 200,864 146,185 Support costs (see note 6) Totals £ £ 15,125 687,726 Governance costs £ 15,125 Period 1.4.19 to Year ended 31.8.20 31.3.19 £ £ 57,376 56,689 5,536 5,498 2,439 1,852 65,351 64,039 |
|---|---|---|
In addition to the above, Rev D Williams lives in a property owned by Emmanuel Community Church International. The Trustees estimate that the monthly rent that would be receivable from this would be £1,085 (2019: £1,085) if it were not used by the Pastor.
The charity consider its key management personnel to comprise the trustees and eldership of the church. Remuneration paid to key personnel is shown under trustees remuneration above.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 August 2020 nor for the year ended 31 March 2019.
8. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
Period 1.4.19 to Year ended 31.8.20 31.3.19 £ £ 317,909 238,400 17,592 14,761 14,861 8,850 350,362 262,011 |
|---|---|
continued...
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
8. STAFF COSTS - continued
The average monthly number of employees during the period was as follows:
| Period | ||
|---|---|---|
| 1.4.19 | ||
| to | Year ended | |
| 31.8.20 | 31.3.19 | |
| Church | 6 | 5 |
| ECCI Nursery | 3 | 3 |
| Interns | 1 | 5 |
| 10 | 13 |
No employees received emoluments in excess of £60,000.
9.
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 439,451 Charitable activities Church activities 134,072 Investment income 581 Total 574,104 EXPENDITURE ON Charitable activities Church activities 465,304 NET INCOME/(EXPENDITURE) 108,800 Transfers between funds (8,209) Net movement in funds 100,591 RECONCILIATION OF FUNDS Total funds brought forward 1,180,753 TOTAL FUNDS CARRIED FORWARD 1,281,344 |
Restricted funds £ 42,639 12,113 - 54,752 60,240 (5,488) 8,209 2,721 12,086 14,807 |
Total funds £ 482,090 146,185 581 628,856 525,544 103,312 - 103,312 1,192,839 1,296,151 |
|---|---|---|
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
10. TANGIBLE FIXED ASSETS
| COST At 1 April 2019 Additions At 31 August 2020 DEPRECIATION At 1 April 2019 Charge for year At 31 August 2020 NET BOOK VALUE At 31 August 2020 At 31 March 2019 |
Freehold property £ 1,601,879 - 1,601,879 255,484 19,074 274,558 1,327,321 1,346,395 |
Fixtures and fittings £ 315,365 37,915 353,280 299,460 25,161 324,621 28,659 15,905 |
Totals £ 1,917,244 37,915 1,955,159 554,944 44,235 599,179 1,355,980 1,362,300 |
|---|---|---|---|
The Trustees are of the opinion that the three freehold properties held (Greenleaf Centre, ECC Erskine Road and 23 Hillcrest Road) are worth more than is shown in the accounts. The Trustees have estimated that the three properties are cumulatively worth £2,001,879 which is £674,558 more than the net book value shown in the accounts. The Charity does not have a policy of revaluing its freehold assets.
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 31.8.20 | 31.3.19 | ||
| £ | £ | ||
| Sundry debtors | - | 6,086 | |
| Gift aid recoverable | 7,846 | 11,823 | |
| Accrued income | 21 | 135 | |
| Prepayments | 65 | 2,462 | |
| 7,932 | 20,506 | ||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.8.20 | 31.3.19 | ||
| £ | £ | ||
| Bank loans and overdrafts (see note 14) | 30,960 | 28,600 | |
| Other creditors | 4,123 | 12,422 | |
| 35,083 | 41,022 |
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
| 13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank loans (see note 14) 14. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank loans Amounts falling between one and two years: Bank loans - 1-2 years Amounts falling due between two and five years: Bank loans - 2-5 years Amounts falling due in more than five years: Repayable by instalments: Bank loans more 5 yr by instal 15. SECURED DEBTS The following secured debts are included within creditors: Bank loans The mortgage arranged with Triodos Bank is secured against the Greenleaf Centre. 16. MOVEMENT IN FUNDS Net movement At 1.4.19 in funds £ £ Unrestricted funds General fund 132,817 78,798 Freehold Fund 932,155 (30,593) Missionary fund 77,317 3,821 Nursery 74,996 23,668 New Building Fund 42,584 - School of Leadership 12,174 - School of Worship 5,688 16,444 Sisters in Unity 3,613 - 1,281,344 92,138 Restricted funds Friendship Hour / Missions 39 102 Restricted New Building Fund 800 - Nicodemus Trust 10,000 (5,000) Nursery 3,968 (1,855) Kids Camp 2020 - 1,311 14,807 (5,442) TOTAL FUNDS 1,296,151 86,696 |
31.8.20 £ 341,475 31.8.20 £ 30,960 30,960 92,880 217,635 31.8.20 £ 372,435 Transfers between funds £ (33,482) 53,324 - (13,655) 9,600 (12,174) - (3,613) - - - - - - - - |
||
|---|---|---|---|
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
16. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Freehold Fund Missionary fund Nursery School of Worship Restricted funds Friendship Hour / Missions Nicodemus Trust Nursery Kids Camp 2020 TOTAL FUNDS |
Incoming resources £ 535,715 - 52,117 159,456 24,582 771,870 102 - 1,139 1,311 2,552 774,422 |
Resources Movement expended in funds £ £ (456,917) 78,798 (30,593) (30,593) (48,296) 3,821 (135,788) 23,668 (8,138) 16,444 (679,732) 92,138 - 102 (5,000) (5,000) (2,994) (1,855) - 1,311 (7,994) (5,442) (687,726) 86,696 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Freehold Fund Missionary fund Nursery New Building Fund School of Leadership School of Worship Sisters in Unity Restricted funds Friendship Hour / Missions Restricted New Building Fund Nicodemus Trust Nursery TOTAL FUNDS |
At 1.4.18 £ 75,694 917,210 65,609 70,626 32,984 6,518 10,000 2,112 1,180,753 39 800 5,325 5,922 12,086 1,192,839 |
Net movement in funds £ 151,072 (22,855) (23,509) 14,677 - 6 (9,442) (1,149) 108,800 - - (3,534) (1,954) (5,488) 103,312 |
Transfers between funds £ (93,949) 37,800 35,217 (10,307) 9,600 5,650 5,130 2,650 (8,209) - - 8,209 - 8,209 - |
At 31.3.19 £ 132,817 932,155 77,317 74,996 42,584 12,174 5,688 3,613 1,281,344 39 800 10,000 3,968 14,807 1,296,151 |
|---|---|---|---|---|
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Freehold Fund Missionary fund Nursery School of Leadership School of Worship Sisters in Unity Restricted funds Nicodemus Trust Nursery TOTAL FUNDS |
Incoming resources £ 467,151 1 1,315 104,003 200 1,434 - 574,104 53,753 999 54,752 628,856 |
Resources Movement expended in funds £ £ (316,079) 151,072 (22,856) (22,855) (24,824) (23,509) (89,326) 14,677 (194) 6 (10,876) (9,442) (1,149) (1,149) (465,304) 108,800 (57,287) (3,534) (2,953) (1,954) (60,240) (5,488) (525,544) 103,312 |
|---|---|---|
Freehold fund represents the net book value of buildings, less the mortgage still outstanding against the properties.
Missionary fund represents monies being set aside (currently 10% of general income including Gift Aid recovered) to be given in support of other Christian organisations, including missions and missionaries.
Friendship hours / Missions fund represents donations made by our Senior Citizens group. These donations are given for the express purpose of being donated on to any specifically Christian Missionary organisation or individual as and when a need is recognised when a link with the Friendship Hour, such as a guest speaker, is established.
School of Leadership fund represents the income and expenditure relating to this ministry.
School of Worship fund represents the income and expenditure relating to this ministry.
Sisters in Unity fund represents the income and expenditure relating to this ministry.
New Building fund represents the funds put aside by the trustees should they decide to invest in a new or additional property.
Nursery - This fund represents the income and expenses of running the ECC Nursery. All funds carried forward are to be spent on running costs.
Transfers between funds
There is a transfer from the Nursery Fund to the General Fund for £13,655. This represents a recharge of rental and other costs.
There is a transfer from the General Fund to the Freehold fund for £53,324, this represents the mortgage payments made in the year.
During the year the balances from both School of Leadership and Sisters in Unity were transferred back to the General fund as the trustees do not consider there a continuing need for these unrestricted operating funds to be accounted for separately. Income and expenditure for both funds have been shown within General funds in the year.
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 April 2019 to 31 August 2020
17. RELATED PARTY DISCLOSURES
During 2019 the sum of £1,924 was paid to Diwood Services for bookkeeping, a company which, trustee S Durrant is a director of. This transaction was done at normal market value. Mrs Durrant resigned as a trustee in May 2019.
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