## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted
funds
f|Restricted
income funds
f|Restricted
income funds
f|Total funds
f|Prior year
funda
f| |---|---|---|---|---|---|---|---|---|---| |Incoming resources|||||||||| |income and endowments
from:|||||||||| |Donations
and legacies
Grants
Charitable
activities|||||195,962
500
3,427||8,933
4,938|204,895
500
8,365|170,961
3,587
18,768| ||||||199,889|13.871||213,760|193,316| |Resources expended|||||||||| |Expenditure
on:|||||||||| |Raising Funds|||||407|||407|359| |Charitable
activtges:||Youth|||10,368||587|10,955|11,425| |Community|Oubeach|&Support|||39,397||1,082|40,479|63,370| |||Church|Life||94,515|||94,918|69,488| ||Emrnanuel||West||34491||687|35178|32,063| |||Mission|||2,473|||2,473|2,519| |Total|||||181,650||2,760|184,410|179,224| |Net income/(expenditure)|before||||||||| |investment
gains/(losses)|||||18,239||11,111|29,350|14,092| |Net income/(expenditure)|||||18,23S||11,111|29,350|14,092| |Transfers between funds|||||||||| |Gains on revaluation,
fixed|||||||||| |assets, oharlty's
own use|||||65,936|||65,936|1/ 000| |Net movement
in funds|||||84,175||11,111|95,286|31,092| |Reconcigatlon
offunds:|||||||||| |Total funds brought
forward||||13|553,890||36,273|590,163|559,071| |Total funds carried forward||||13|638,065|47,384||685,449|590,163| ## ## ## ## ## ## ## ## |1.3Change ofaccounting
policy|1.3Change ofaccounting
policy|| |---|---|---| |The accounts present a|true and fair view and the accounbng
policies adopted are those outlined
in note 2.|| |1.4Changes to accounting
estimates||| |No changes to accounting
estimates
have occurred
in the reporting
period||| |Note 2
Accounting|policies|| |Recopnltton
ofincome|These are included
in the Statement of Financial
ActiVities (SoFA)when:
~
the charity becomes entitled to the resources;|| ||~
it is more likely than not that ths trustees
will receive the resources;
and|| ||~
ths monetary value can bs measured
with sufficient
reliability.|| ||There has been no offsetting ofassets and liabilities, or income and expenses,
unless required or
permittedby
Ihe FRS 102SORP orFRS102.|| |Grants and donations|Grants and donations
are only included
in the SoFA when the general income recognition
criteria are
met|| |Legacies|Legacies are included
in Ihe SOFA when receipt is probable,
that Is, when there has been grant of
probate, the executors have established
that there are sufficient assets in the estate and any
conditions
attached to the legacy are either within the conk olofthe charity or have been meL|| |Tax reclainis on
donations
and gifts|Gift Aid receivable
is included
in income when there is a valid declaration
from the donor.
Any Gift Aid
amount recovered on a donation is considered
to bs part ofthat gift and is treated as an addiTion to the
same fund as the initial donation
unless ths donor or the terms ofthe appeal have specified otherwise.|| |Contractual
income||| |and performance
related grants|This is only included
in ths SoFAonce the charity has provided
the relaled goods or services or met
the performance
rslaied conditions.|| |Donated goods|Donated goods are measured
at fair value (the amount for which the asset could be exchanged)
unless
impractical
to do so.|| ||The cost of any stock ofgoods donated for distribution
to beneficiaries
ls deemed to be the fair value
ofthose gifts at ths time oftheir receipt and they are recognised
on receipt.
In the reporUng
period in
which the stocks are distributed,
they are recognised as an expense at Ihe canying
amount ofthe
stocks at distribution.|| ||Donated goods for resale srs reassured
at fair value on initial recognition,
which is the expected
proceeds from sale less ths expected costs ofsale, and recognised
in 'Income from other trading
activities'
with the corresponding
stock recognised
in the balance sheet.
On its sale the value ofstock
is charged against 'Income from other trading
activities' and the proceeds from
sale are also
recognised as 'Income
from other trading
activltiesh|| ||Goods donated for on-going use by ths charity are recognised as tangible
lixed assets snd Included
the SoFAas incoming resources when receivable.|in| ||Gifts in kind for use by the charity sre included
in the SoFAas income from donagons
when|| ## |Emmanuel
Church Fl|eetttrood
clerily xo,".u54595| |---|---| ||Notes to Accounts (continued)| |Donated services and
facilities|Donated services and facilGes are induded
in the SOFA when received st the value ofthe gyi to ths
charity provided ths value ofthe gift can be measured
reliably.| ||Donated services and facililies that srs consumed
immediately
are recognised as iricome with an
equivalent
amount recognised as an expense under the appmpriate
heading
In ths SOFA.| ||The essential
voluntary
help of unpaid
church members,
without which most churoh activities would
not be possible are not evaluated
or incudsd
in ihe SOFA.| |Support costs|The charily has incurred
expenditure
on support costs.| |Volunteer help|The value ofany voluntary
help received is not included
in the accounts but is described
in the| ||trustees'
annual report.| |Income from interest,
royalties snd dividends|This is inctuded
in the accounts when receipt is probabls and the amount
receivable can be measured
reliably| |Liability recognltlon|Liabiligss are recognised
where
itis more likely than not that there isa legal or constructive
obligation
committing
the charity to pay out resources
and Ihe amount ofIhe obligation can be measured
with
reasonable
ceriainly| |Governance
and
support costa|Support costs have been allocated between
governance
casts and other support.
Governance
coals
comprise
all costs invoiving
public accountability
ofthe charity and its compliance
with regulation
and
good pracgce.| ||Support costs include central functions and have been allocated to activity cost categories on a basis
consistent
with the use ofresources, eg allocating
properly costs by floor areas, or per capita, staff
costs by the time spent and other costs by Stair usage.| |Grants with
performance
condlgons|Where the charity gives a grant with conditions
for its payment
being a spectre level of service or
output to be provided,
such grants are only recognised
in the SoFA once the recipient ofthe grant has
provided the specified service or output.| |Grants payable without
performance
conditions|Where there are no conditions
attaching
to ths grant that enables the donor charity to realistically
avoid the commitmsnt,
a liability forthe full funding
obligation
must be recognised.| |Redundsncycost|The charity made no redundanoy
paylnents
during the reporting
period.| |Deferred income|No material
item ofdefaced Income hss been included
in the accounts.| |Creditors|The charity has crsditom which sre measured
at settlement
amounts
less any trade discounts| |Provisions for
Ilablliges|A liability is measured
on recognition
at its hisiorical cost and then subsequently
measured
at the best
estimate ofthe amount
required
to settle the obligation at the reporitng
date| |Tangible fixed assets
for use by charity'|These are capilallsed
Ifthey can be used for more than cne year, and cost at least g1,000
They are valued at cost or in case offreehold
land and buildings
the current| ||market value as esgmated
by the trustees.| ||Freehold
land and buildings ars not deprediatsd,
as tmstees consider the asset value is maintained
by
appropriate
maintenance.
Fixtures S Fittings ars depreciated
on a straight
line basis over 10years or
estimaled
life iflower from ths month
after installagonl
usage commences.
Equipmment
is
depreciated
over 5years or estimated
life if lower.| |Stocks and work In
progress|Stocks held forsale ss part ofncnwharitable
trade are measured
at the lower orcost or
net realisabie value.| ||Goods or services provided as part ofa charitable
activity are measured
at net| ||realisable
value based on the service potential
provided
by items ofstock.| ||Work in progress
ls valued at cost less any forsseeabls
loss that is likely to occur on
ths contract.| |Debtors|Debtors (including
trade debtors and loans receivable) are measured
on Initial recognition at
settlement
amount aRsr any trade discounts or amount
advanced
by the charity.
Subsequently,
they
are measured atthe cash or other consideration
expected to be received.| ## ## ## ## ## ## ## ## ## ## ## ## ##