2023-03-31-accounts - Emmanuel Baptist Church Thamesmead

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Trustees (Ministers, church Officers and Deacons)	Trustees (Ministers, church Officers and Deacons)
Rev Angela Bacon Mr. Johnson Afari	Chairperson, inducted January 2019 Intedm Church Secretary, elected September 2022 and Interim
Mr. Edc Engmann Mrs. Janet Croucher	Church Secretary December 2023 Treasurer, re-elected September 2022 re-elected September 2022
Ms Bola Esan Mrs. D Xuereb	re-elected September 2022 rewlected September 2022
Mr. Emmanuel Ogunsanwo	elected September 2022
Ms. Dawn Wright	elected September 2022
Mr. Peter Musembi	re-elected September 2022

INCOMING RESOURCES				General Funds	Designated Funds	Restricted Funds	Restricted Funds	Total 2023	Total 2022
Incoming resources for generating			Note	E	E	E		E	E
funds
Voluntary income funds -Activities for generating funds -Investment Income Incoming resources from charitable activities			2 3 4	139,859 291			1,427	141,286 291 0	134,716 0 11
Building								0
Total incoming resources				140,150		1,427		0 141,577	134,727
RESOURCES EXPENDED
Charitable activities
-Activities directly related	to	the
work ofthe church			6	97,681			937	98,618	98,772
Governance costs
Total resources expended			6	97,681			937	98,618	98,772
Net incoming resources before transfer				42,469			490	42,959	35,955
TRANSFER BETWEEN FUNDS
Revaluations
ofRxed assets forthe charhy's		use
Balance brought forward at
01April 2022				35,955		1,551,759		1,587,714	1,551,759
Balance carried forward at
31March 2023				42,959		1,587,714		1,630,673	1,587,714
The notes on page 9to 15form		part ofthese Rnancial		statements.

					2023	2022
					E	E
	Tangible assets				1,600,764	1,600,764
Current		assets
	Debtors
					11,852	11,852
	Cash at bank and in hand				110,538	78,510
Cmditorn		amount falling	due within one		122,390	90,362
year				10	324	1,576
Net Current assets
					122,066	88,786
Total	assets lesscurrent liabilities				1,722,830	1,689,550
Credltora		amount falling due more than
one year
					92,157	101,835
Net assets
					1,630,673	1,587,715
Funds
		Unrestricted Designated Revaluation	Reserve	11 12	131,302 1,749	88,833 1,749
		Restricted		13	12,674	12,184
					145,725	102,766

FOR THE YEAR ENDED 31	March 202	3
2. Voluntary Income		Unrestricted	Designated	Restricted	Total	Total
		Funds f	Funds f	Funds f	2023 f	2022 f
Planned giving:
Gift aided Income tax recovered on Gift Aid Offering Gifts Other giving Building		76,487 19,124 33,758 60 430		1,427	76,487 19,124 33,758 1,487 430	84,545 21.144 28,063 964 0
Conference/Youth trip						0 0
		129,859		1,427	131,286	134,716
3.Activities for generating	funds
Rent on Manse
Rent Young Foundations Church Hall		10,000			10,000	0 9,000
						0
		10,000			10,000	9,000
4.Investment Income
Dividend and interest		291			291	11
5.Incoming resources from	charitable	activities
Church Hall letting
Training Rooms
					0	0

	Unrestricted	Designated	Restricted	Total	Total
Staffcosts	Funds f	Funds f	Funds f	2023 f	2022 f
Minister and manse Church Administrators Employers Nl Employers Pension Cleaner	30,787 12,807 0 2,451			30,787 12,807 0 2,451	30,586 13,575 144 2,474
Total staff costs (see pg 12 below)	46,045			46,045	1,992 48,771
Church running costs
Gas and Electricity Insurance Water rates Building maintenance Conference expenditure Licences and permits Guest Speaker Hospitality Depreciation Evangelism and Publicity Kings Kids Youth work Administrative expenses Bank service charge Building Care fund Subscription and Donations Miscellaneous	7,193 3,339 496 15,546 735 1,785 550 131 0 972 93 627 1,851 72 1,295 1,747			7,193 3,339 496 15,546 735 1,785 550 131 0 972 93 627 1,851 72 0 1,295 1,747	2,985 2,947 7 17,433 225 1,710 100 73 1,154 859 68 155 1,632 96 0 1,000 1,477
Gifts Missions and donations (see pg 12)	765 12,776 49,973		937 937	0 1,702 12,776 soJ910	0 2,229 14,854 49~004
	96,018		937	96,955	97,775

Staffcosts and Trustees Expenses
Salaries	40,575
Social security costs	0
Pension costs	2,451
Ministers Expenses	3.019
	46,045

MissionTithe
	2023	2022
BMSWorld Mission Christian Resources (CRIBS) Evangelical Action Brazil Baptist Together Home Mission Greenwich Street Pastors Evergreen Care Bexley Ascension Trust	E 4,800 420 400 6,000 400 300	E 4,800 420 400 6,000 400 300
Seniors In Touch		1,000
Home for Good		500
		500
	12,320	14,320
Ministry support
Angela Bacon London Baptists PCCStJohns Welling	92 254 50	534
First Aid Training	60
	456	534

8.Fared Assets			Church 85
			Halls	Office
Cost		Buildings f	equipment f	equipment	Total f
As at 1April 2022 Addition		1,310,480	290,283		1,600,763
Revaluation
Disposals
As at31March 2023 Accumulated depreciation As at 1April 2023	(Church RoofSaving)	1,310,480	290,283		1,600,763
Disposal
Charge forthe year
As at31March 2023		1,310,480	290,283		1,600,763
Net book Value
As at31March 2023		1,600,763	29,909		1,630,672

			2023	2022
9.0ebtors			f	f
Young Foundations	Loan
Inland revenue -Tax	rebate		6,325	6,325
			4,675	5,527
			11,000	11,852
10.Creditors
LBPBLoan
Salaries - Young Foundation Inland revenue LBPBBradford Fund LBPBBradford Fund		10 10 10	26,742 -28 352 5,000	31,655 377 637 5,000
Barclays Bank PLC			30,000	30,000
Gift		10	125	125
LBA Loan
Creditors		10	29,715 575	35,055 562
			92,481	103,411

13.Restricted funds	Balance at	Movement	in resources			Balance at
Conference Miscellaneous Building Fund Hampers	01-Apr-22 f 0 0 12,054 130	1427 incoming f		937 outgoing f		31-Iylar-23 E 0 0 12,054 620
	12,184	1,427		937		12,674
Fixed assets funds.
Church Manse Equipment	1,105,045 205,435 290,283 1,600,763					1,105,045 205,435 290,283 1,600,763
14.Analysis ofNet Assets
by Funds
			General	Designated	Restricted	Total
Fixed assets
					1,600,763	1,600,763
Current assets			107,967	1,749	12,674	122,390
Liabilities
			324		92,156	92,480
			107,643	1,749	1,521,281	1,630,673