**Emmanuel West Wickham United Reformed Church Charity** **Trustees’ Report and Financial Statements** **Year to 30[th] September 2022** ## Minister’s Report ## Worship Through the year 1[st] October 2021 - 30[th] September 2022, public worship continued to be offered on a weekly basis, with a weekly service of a more traditional style and a monthly Messy Church. Through this period the elders continued to monitor and implement measures in response the Covid pandemic, and the evolving level of risk, with many restrictions or precautions being gradually eased from Spring 2022. The worship programme included some themed or additional services including: - In the autumn season a Harvest Festival and Remembrance Sunday service - Special services through Advent to Christmas - Special services in Lent, including Maundy Thursday (with local URCs), Good Friday (ecumenical) and Easter Saturday (Messy Church) - Partnering with our ecumenical churches in other special services - From May holding themed services including, ‘Peter – this is your life’, Queen’s 70[th] Jubilee, Thanksgiving for the Life of the Choir, Dedication of the Quiet Garden, 150[th] Anniversary of the birth of Ralph Vaughan Williams, Songs of Praise/Top of the Hymn Charts, the resumption of Church Parade services and a Reflective Evening service following the death of Her Majesty, The Queen. Emmanuel has also held personal services including a baptism, a wedding and a wedding blessing and a number of funerals. Through the year the church has lost some faithful friends, both from death and geographical moves, but it has also started welcoming visitors again following the Covid lockdown, with some appearing to feel settled in our community. Messy Church continues to thrive, with a steadily growing number of families on the books, and a regular buzz on Messy Church Sundays. The morning session now includes a separate session offered to the older children/teens. Beyond Messy Church Sundays Pat, Colin and their team continue to support the families in a wide variety of encouraging ways. Pastoral Care Pastoral care continues to be offered through Emmanuel. This year the role of Pastoral Assistants, who support Elders, has been re-invigorated, aided by a gathering of PAs. Governance The Elders continue to meet regularly, offering oversight and developing initiatives across our church life. At the AGM Ian Moore, who had served as Church Secretary for 3 ½ years covering the planned vacancy and unplanned Covid pandemic was succeeded by a new arrangement with Rosemary Daniel as Church Secretary/Communications and Sue Carr as Meetings Secretary. Ian Moore took on the role of Property Convenor from Ian Scott, who had acted in this capacity as well as being Church Treasurer for many years. ## **Minister’s Report (continued)** During the year Church Managers, comprising the Church Secretaries, Minister, Treasurer, Property Convenor and Halls Manager re-started meeting. Currently a process is underway to recruit a Halls Administrator. The Gift of Grace A significant development at Emmanuel is the receipt of a significant legacy. News of the anticipated legacy was conveyed to Church Meeting in January, with the value received in late Spring being c. £411,000. The purpose of the legacy is to foster the life and mission of Emmanuel Church, with the wish of the person who made the bequest being that the funds were to be rather than being stored for a rainy day. A Foundational Guide to the legacy was developed and agreed by Church Meeting, and named the Gift of Grace to distinguish it from Emmanuel’s Legacy Fund. A process was initiated to consult on potential uses of the Gift of Grace, including a feedback form for individuals and a gathering facilitated by a Church Related Community Worker. Church Life The elders oversee 5 ‘Habitat’ Groups covering worship, faith nurture, buildings and grounds, communication and church life. Through 2021/22 the buildings and grounds group have focused on refurbishing the vestry and ‘greening’ grounds including the establishment of a Quiet Garden, in addition to regular maintenance and repairs. Emmanuel Fellowship ran a full season of weekly meetings from September 2021 through to July 2021, and the 2022/23 season has just begun. Friday Coffee has run weekly through the year. Emmanuel’s charitable outreach continued through the year supporting Bromley Latch/Homeless at Christmas, the URC’s Commitment for Life Appeal, the New Vine Food Bank, a Toys Appeal as Christmas approached, and the Annual Fair raising significant funds for Hope4Malawi. Expression of Appreciation Behind the above, often uncited and unnamed, lies a huge amount of dedicated work by a range of people, who give of their time and gifts richly, and to who the church owes deep gratitude. **David Pickering Minister** 2 ## **Emmanuel West Wickham United Reformed Church Charity Trustees’ Report and Financial Statements Year to 30[th] September 2022** ## **Trustees’ Report** ## **Charity Name and Address:** Emmanuel West Wickham United Reformed Church Charity The Grove, West Wickham, Kent. BR4 9JS ## **Charity Number:** 1132128 ## **Trustees:** Mr Ian Moore Mr Ian Paul Scott Mr Douglas Clive Carr - Resigned 24[th] April 2022 Mrs Philippa Ann Dowsett- Appointed 24[th] April 2022 Mr James Hughes Lord - Appointed 24[th] April 2022 ## **Independent Person appointed to Review Accounts:** Mr Keith Daniels FCA ## **Structure, Governance and Management:** The Charity comprises all the assets and funds held by and on behalf of Emmanuel United Reformed Church, West Wickham, other than properties held under the trusts declared in Schedule 2 of the United Reformed Church Act 1972 (as amended by the United Reformed Church Acts 1981 and 2002) and those held on other specifically declared trusts. The trustees are those members of the Charity, qualified to serve as trustees, appointed by the Church Meeting of Emmanuel West Wickham, United Reformed Church, to act in accordance with the procedures for the time being laid down by the aforementioned Church Meeting which shall be in conformity with the Scheme of Union of the United Reformed Church. ## **Objectives and Achievements** The object of the Charity is the advancement of the Christian faith for the benefit of the public in accordance with the Scheme of Union of the United Reformed Church, and the Trustees believe this objective is being achieved. The church aims to be at the heart of the local community, open seven days a week for those who come to worship or to share in a variety of activities, including scouting and guiding, youth and children’s activities, Messy Church, and providing an opportunity for people of all ages to meet together. 3 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Financial Review:** The Financial Statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts, with the exception set out in note 1, and comply with the Charities Act 2011 and the “Accounting and Reporting by Charities Statement of Recommended Practice” applicable to charities preparing their accounts in accordance with the Financial Reporting Standard in the United Kingdom and Republic of Ireland issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland, (FRS 102). ## **Reserves Policy:** The Balance Sheet on page 6 shows the disposition of the various Charity Funds totalling £ 622241 as at 30[th] September 2022, (2021 £ 209249). The Trustees review the policy annually and they consider that the Unrestricted Funds which totalled £ 169276, (2021 £ 166093), disclosed in notes 14 and 15 to the accounts, are sufficient for the objectives and activities of the Charity. Restricted Funds which totalled £452965 , (2021 £ 43156), are disclosed in Note 16 to the accounts, and the purpose for which they are held is explained in the note. ## **Trustees’ Expenses and Remuneration:** The Trustees did not receive any expenses or remuneration for their services as Trustees in the year, or in the previous year. This report was approved by the Trustees on and signed on their behalf by: **--------------------- ------------------------------Trustee Trustee** 4 ## **Emmanuel West Wickham United Reformed Church Charity Statement of Financial Activities** ## **For the Year Ended 30[th] September 2022** **Funds -------** Unrestricted ------ Total Total General Legacies Designated Restricted 2022 2021 Note £ £ £ £ £ £ **Income** Voluntary income 2 62507 62507 65468 Legacies 2 2500 2500 1000 Lettings and book sales 3 33128 33128 22665 Investment income 4 2145 378 2523 2571 Manse letting surplus 835 ------- --------- -------- -------- -------- ----- **Total** 97780 2500 378 100658 92539 **------ -------- ---- ---- -------- -----Expenditure** Charitable activities: Ministry and Mission 5 50100 50100 50046 Ministerial costs 6 6896 - 6896 7140 Church activities 7 39373 928 2358 42659 35898 Donations payable 9 100 100 100 Valuation of tangible fixed assets 10 (300) (300) -------- ------- ------ -------- -------- ------- **Total** 96169 928 - 2358 99455 93184 -------- ------- ------ -------- ------- ------ **Net income for the Year** 1611 1572 - (1980) 1203 (645) **Funds at 1[st] October 2021** 54130 76841 35122 43156 209249 209894 -------41176 Gift of Grace Legacy 16.2 - - - 411789 411789 - ------- ------- ------- ---------- ----------- ---------- **Funds at 30[th] Sept. 2022 £** 55741 78413 35122 452965 622241 209249 ------- -------- ------- ------- -------- ------------ 134154 --- Note that on this statement showing the incoming and outgoing resources, the movement on the Legacy Fund has been shown separately, although it remains part of the Unrestricted General Fund. The notes on pages 7 to 13 form part of these financial statements 5 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Balance Sheet as at 30[th] September 2022** Unrestricted Funds Restricted Total Total General Designated Funds 2022 2021 Note £ £ £ £ £ **Fixed Assets** Tangible assets 10 300 - - 300 - Investments 13.1 60309 - - 60309 60309 ------- -------- ------- ------- ------60609 - - 60609 60309 **Current Assets -------- ------- ------- -------- -------** Debtors and prepayments 11 6096 - - 6096 5701 Investments and bank balances 13 113048 35122 452965 601135 179790 -------- --------- -------- -------- -----119144 35122 452965 607231 185491 **-------- -------- -------- --------- ------Current Liabilities** Creditors payable within one year 12 (18599) - - (18599) (36551) Energy Provision 12.1 (27000) (27000) - -------- --------- --------- --------- ------(45599) 0 0 (45599) (36551) **--------- -------- -------- --------- -------Net Current Assets** 73845 35122 452965 561932 148940 ------- ------- -------- -------- --------- **Total Net Assets** £ 134154 35122 452965 622241 209249 -------- -------- --------- --------- -------- **Total Funds of the Charity** Unrestricted income funds General 14 134154 134154 130971 Designated 15 35122 35122 35122 -------- ------Total 169276 166093 Restricted income funds 16 452965 452965 43156 --------- --------- --------- -------- ------£ 134154 35122 452965 622241 209249 ---------- --------- -------- ------- ---------- 169276 --- ---------------------- ----------------- Date ---------------- Trustee Trustee The notes on pages 7 to 13 form part of these financial statements 6 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Notes to the Statement of Financial Activities For the Year Ended 30[th] September 2022** ## **1. Accounting Policies** ## **(a) Basis of preparation and assessment of going concern** The Trustees confirm that: The Financial Statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The Financial Statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland, (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland,(FRS 102), and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1[st] January 2019, with the following exception: Investments in UK Government securities, which are shown as Fixed Assets in the Balance Sheet are shown at cost of acquisition and have not been restated at market value at the Balance Sheet date. The Trustees consider that these investments are long term investments and that it would be misleading to reflect a change in market value in the annual Financial Statements, as required under FRS 102, when it can be anticipated that, if they are held to maturity, they will revert to a value which is close to the cost of acquisition. Notwithstanding the non-compliance with FRS 102 in respect of the treatment of the Investments in UK Government securities, the Trustees consider that the Financial Statements present a true and fair view of the financial position of the Charity The Charity constitutes a public benefit entity as defined by FRS 102 The Trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. ## **(b) Reconciliation with previous Generally accepted accounting Practice** In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required. ## **(c) Fund Accounting** Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Restricted funds are restricted in their expenditure by the conditions imposed by the donor. ## **(d) Tangible Fixed Assets** It is church policy to write off the cost of fixed assets in the year of purchase. To acknowledge the existence of these fixed assets which are in use they are shown in the Balance Sheet at a nominal value of £ 100 for each asset group. ## **(e) Investments** Fixed asset investments are stated at historical cost of acquisition. These investments are UK based, denominated in Sterling. 7 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Accounting Policies –(continued)** **(f) Income** All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably ## **(g) 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 settlement will be required and the amount of the obligation can be measured reliably. ## **(h) Taxation** The church is an excepted charity within the meaning of the Taxes Acts. Accordingly it is potentially exempt from taxation in respect of income and capital gains received to the extent that such income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these financial statements. ## **(1) Loss of Income Insurance Claim** The church has submitted a claim on its insurance policy in respect of Loss of Income suffered as a result of the Covid 19 Pandemic which caused the closure of the premises at certain times and significantly reduced the level of activity and income received throughout the period when restrictions were in place. The claim was settled in the current financial year and an amount of £ 27222 was received. ## **(j) Energy Provision** The church has established an Energy Provision amounting to £ 27000, which will allow adequate time to increase our voluntary income and our income from halls’ lettings to offset the anticipated increase in the cost of our energy supplies.. 8 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Notes to the Statement of Financial Activities – continued For the Year Ended 30[th] September 2022** Unrestricted Funds Restricted Total Total General Legacy Fund Funds 2021 2020 £ £ £ £ £ **2. Income** Freewill Offering and Mission Donations 44975 44975 50557 General donations 5966 5966 2267 Donation to Memorial Fund - 500 500 500 Income Tax recovered under Gift Aid 11566 11566 12144 Legacies - 2000 2000 1000 -------- ---------- ---------- --------- -------£ 62507 2500 65007 66468 -------- ---------- --------- --------- -------- **3. Letting and Sales Income** Letting of premises 33128 33128 22665 Church bookstall - -------- ----------- ---------- --------- ------£ 33128 - - 33128 22665 -------- ---------- ---------- --------- ------- **4. Investment Income** Interest on Government Stock, deposits with bankers and with Southern Province 2145 - 378 2523 2571 --------- --------- -------- ------ ----£ 2145 - 378 2523 2571 -------- -------- -------- ------- ------ ## **5. Ministry and Mission** This is the contribution to the central URC costs of training and providing ministers, and engaging in the mission of the church. £ 50100 50100 50046 -------- -------- ------- **6. Ministerial Costs** Ministers’ Expenses 3187 3187 3559 Running and maintaining the Manse 3709 3709 3581 ------- ------ ------ ------ -----* £ 6896 6896 7140 ------- ------- ------- ------- ------- - Includes the agreed share of the Elmers End Free Church Ministerial Costs of £ 690. 9 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Notes to the Statement of Financial Activities – continued For the Year Ended 30[th] September 2022** Unrestricted Funds Total Total Genera Designated Restricted 2022 2021 £ £ £ £ £ **7. Church Activities** Caretaking of Premises see 8.1 17850 17850 11735 Lighting heating and water 6171 6171 4575 Insurance 4740 4740 4700 Premises maintenance 2852 928 2262 6042 2740 Music in worship 4768 4768 4597 Youth Activities 174 174 175 Communications and broadcasting 2006 2006 4992 Sundry expenses, 812 812 793 Minister’s expenses 26 26 26 Benevolence 70 70 Book allowance for worship leaders 750 Minister’s vestry equipt. 815 ------- ------ ------ -------- ------£ 39373 928 2358 42659 35898 ------ ------ ------- ------- ------ **Note:** Messy Church which forms the major part of our Youth Activities is largely self-funding ## **8. Church Employees** The church employed one person as a custodian of the premises. In the year to 30[th] September 2022 total remuneration was £ 17850, (2021 £ 11735). ## **9. Donations Payable** Elmers End URC - - - Churches together 100 100 100 ------ ------ ------- ----- ----£ 100 - 100 100 ------- ------- ------- ------- ------- **10. Tangible Fixed Assets Furniture Kitchen Audio Visual Total and equipt** £ £ £ £ Written down value brought forward and carried forward 100 100 100 300 ## **10.1 Manse** The church holds the deed to the Manse which was purchased at a cost of £ 6750. This property is not included on the Balance Sheet because the URC Southern Province has sole responsibility for the provision of manses in the Province. In the event of the sale of the Manse, the realised value must be remitted to the Provincial Manse fund. ## **10.2 Church Building** The Trustees of the Church premises are the URC Southern Synod Trust who hold the property for use by Emmanuel West Wickham United Reformed Church Charity. 10 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Notes to the Statement of Financial Activities – continued For the Year Ended 30[th] September 2022** Unrestricted Funds Restricted Total Total General Designated Funds 2022 2021 £ £ £ £ £ **11. Debtors** Owing by hirers of premises 2200 2200 2713 Prepaid utility expenses 341 341 343 Removal expenses 1552 - 1552 2072 Sundry 2003 2003 573 ------ ------ ------ ------ ---£ 6096 - - 6096 5701 ------ ------ ------ ------ ---- **12. Creditors payable within one year** Sum received as an advance on Loss of Income claim - - 16000 Inland Revenue for PAYE/NIC 425 425 413 Kitchen equipment renewal fund 3812 3812 3812 Premises maintenance 1400 1400 1300 Lettings income received in advance 271 271 1447 Offertories received in advance 762 762 627 Commitment for Life 803 803 2392 Deposits for church organisations 5366 5366 5940 Sundry accruals 5760 5760 4620 ------- -------- -------- -------- ----£ 18599 - - 18599 36551 ------- --------- -------- -------- ----- **12.1 Energy Provision** £ 27000 - - 27000 - **-------- --------- --------- ------- -------13. a) Fixed Asset Investments** **13.1** The church holds the following fixed asset investments in UK Government Stock: 30.9.22 30.9.22 30.9.21 Market Value £ £ £ 25400 Treasury 4.25% Stock 2032 at cost £ 25344 25000 25000 Acquired February 2009 £ 35000 Treasury 4.25% Stock 2036 at cost £ 35388 35309 35309 Acquired June 2010 **------- -------- --------** £ 60732 60309 60309 ------ --------- --------b) **Current Asset Bank Balances 13.2** Balances held with Nat West Bank 107515 90312 13.2.1 Cash balances 153 294 **13.3** Balances held with CAF Bank Current Account 16356 23862 Balance held with CAF Bank Deposit Account 411789 - Balance deposited with URC Southern Province 65322 65322 --------- -------Total £ 601135 179790 **------- -------** 11 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Notes to the Statement of Financial Activities – continued For the Year Ended 30[th] September 2022** ## **14. Unrestricted Funds** The church operates three unrestricted funds: Revenue Reserve – this holds the accumulated surplus of the church in respect of its unrestricted income and expenditure. There is no restriction on use. Anniversary Fund – this was established in order to celebrate the 75[th] Anniversary of the church and it remains open for further donations and fundraising initiatives. There is no restriction on use. Legacy Fund – this was established to receive and hold legacies, and substantial donations designated to the Legacy Fund, given to the church by members and adherents which carry no restrictions as to their use. ## **14.1** The movements on the Unrestricted Funds during the year were: Revenue Anniversary Legacy Total Total Reserve Fund Fund 2022 2021 £ £ £ £ £ Balance at 1[st] October 2021 51064 3066 76841 130971 129356 Income 97780 500 2000 100280 89415 Expenditure (96169) - (928) (97097) (87800) Transfer to Maintenance Fund - - - - - Transfer from Maintenance Fund - - - - - Transfer from Legacy Fund - - - - - --------- ------- --------- -------- ------Balance at 30[th] September 2022 £ 52675 3566 77913 134154 130971 ---------- ------- -------- ------- -------- ## **15. Designated Funds** The church operates two designated funds: Building Maintenance Fund – this is established to fund maintenance of the church and associated buildings. The maintenance is supervised by a Fabric Committee reporting to the Elders. Major maintenance decisions are approved by members at Church Meeting. Manse Maintenance Fund – this is established to fund maintenance of the Manse. The maintenance is supervised by a Fabric Committee reporting to the Elders. Major maintenance decisions are approved by members at Church Meeting, and in consultation where appropriate with the URC Southern Synod. **15.** The movements on the Designated Funds during the year were: Building Manse Total Total Maintenance Maintenance 2022 2021 £ £ £ £ Balance at 1[st] October 2021 33827 1295 35122 34287 Surplus letting income - - - 835 Manse maintenance costs - - - ------ ------ ------- -------Balance at 30[th] ------- ------ ------- ------- 12 ## **Emmanuel West Wickham United Reformed Church Charity** ## **Notes to the Statement of Financial Activities –continued For the Year Ended 30[th] September 2022** ## **16. Restricted Funds:** The church operates four restricted funds: Benevolent Fund – this is established to provide benevolence to those in need, in confidence at the discretion of the minister. It is funded by retiring collections after communion services and by other donations. Memorial Fund – this is established to provide for the comfort, wellbeing, and care, of members and adherents of the church and users of the premises from the community. Interest is added to the Fund and the Fund is open for further donations. Hibbert Memorial Fund – this was established by a former member to provide for the supply of books and literature for use by the minister in his work. Interest is added to the Fund and currently the provision of books and literature for the minister is being met from general funds. Organ Fund – this is established to provide for major renovation of the church organ when required. Interest is added to the Fund and the Fund is open for further donations. ## **16.1** The movements on the Restricted Funds during the year were: Benevolent Memorial Hibbert Organ Total Total 2022 2021 £ £ £ £ £ £ Balance at 1[st] October 2021 3995 22895 2609 13657 43156 46251 Gifts and donations in the year - - - - - 500 Income Tax recovered - - - - - 1375 Interest earned - 216 26 136 378 414 ------ ------ ----- ----- ------ -----3995 23111 2635 13793 43534 48540 Expenditure in the year (70) (2262) (26) - (2358) (5384) ------- ------ ------ ------ ------- -------Balance at 30[th] September 2022 £ 3925 20849 2609 13793 41176 43156 ------ ------- ------ ------- ------- ------- ## **16.2** **The Gift of Grace Legacy has been given to the church for the advancement of the Christian Faith in the Community of West Wickham** Gift of Grace Legacy £ Balance at 1[st] October 2021 0 Legacy received in the year 411268 Interest earned 521 ---------411789 Expenditure in the year - --------Balance at 30[th] September 2022 £ 411789 -------- 13 ## **Financial Statements for the Year Ended 30[th] September 2022** ## **Independent Examiner’s Report** I report to the Trustees on my examination of the Financial Statements of Emmanuel West Wickham United Reformed Church Charity, (“the Trust”), Charity number 1132128, for the year ended 30[th] September 2022, as set out on pages 3 to 13. ## **Responsibilities and Basis of Report** As the Charity’s Trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the 2011 Act). Having satisfied myself that the Accounts are eligible for Independent Examination, I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent Examiner’s Statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: - the accounting records were not kept in accordance with Section 130 of the Charities Act, or - the accounts do not accord with the accounting records, or - the accounts do not comply with the accounting requirements concerning the form and content of the 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, or - the accounts have not been prepared in accordance with the method and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland, (FRS 102) ). 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 by the Independent Examiner Dated Independent Examiner Mr K.Daniels FCA 20 The Avenue West Wickham, BR4 0DY 14