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|||LEGAL AND A|DMINISTRATIVE INFORMATION||||
|---|---|---|---|---|---|---|
|Charity|number||1132853 (registered
in England
8 Wales)||||
|Address|||Emmanuel
Church
Centre||||
||||Forest Road||||
||||Loughborough||||
||||Leicestershire,
LE11 3NW||||
|PCC Membership|||||||
|||Rev M.J.Broadley|incumbent
and Chairman||||
|||RevS Harvey|Associate Rector (seconded toSt David's Broom||Leysfor||
||||6 monthsfrom15'"
November2020)||||
|||Rev BLLGardner|Curate (until resignation
on 26'" February|2020 following|||
||||ordination
as Associate Priest ofthe Benefice of||||
||||Loughborough
The Good Shepherd
(effective from|||15'"|
||||September2019))||||
|||L Collins|Church Warden||||
|||E.M.Featonby|Church Warden||||
|||J.H. Walker|Representative
on Deanery Synod, elected member|||of|
||||Diocesan Synod and, from 21"November2020,||elected||
||||memberof
General Synod||||
|||S.G Barney|Reader, Chair ofthe Diocesan Board ofFinance||||
||||Representative
on Diocesan and Deanery Synod||s||
|||C.J.Sheldon|Representative
on Diocesan and Deanery Synods||||
|||J.M. Burnard|Representative
on Deanery Synod||||
|||N.J.Revell|Representative
on Deanery Synod||||
|||Dr C.T.Spencer|Reader, Lay Chair ofDeanery Synod, Lay Canon of||||
||||LeicesterCathedraland
PCCSafeguarding|Lead|||
|||Dr P.E. Pullan|Representative
on Deanery Synod (until resignation|||from|
||||the PCC 31"May 2020)||||
|||H.R.Smith|Reader (resigned
from the PCC 13'" October 2020)||||
|||A. Howlett|ElectedMember(from13th
October2020)|and (from|||
||||23"January 2021) Reader||||
|||M. Billage|Elected Member(resigned
13'"October2020)||||
|||S.Collins|Elected Member(resigned
13'"October2020)||||
|||B.Crew|Elected Member(resigned
13'"October2020)||||
|||C.Rowles|Elected Member(resigned13'"October2020)||||
|||R.Faulconbridge|Elected Member (resigned 13"October 2020)||||
|||P.Oxbrough|Elected Member(resigned
13'"October 2020)||||
|||M.B.Riddleston|Elected Member||||
|||E.J Hassall|Elected Member||||
|||A.J.Overton-Brown|Elected Member||||
|||S.E.Reynolds|Elected Member||||
|||F.Monsuur|Elected Member (from 13'"October 2020)||||
|||DrT Marjoribanks|ElectedMember(from13'"October2020)||||
|||D. Ninan|Elected Member(from
13'"October2020)||||
|||DrA. Leishman|Elected Member(from
13'"October2020)||||
|||K.A.Leishman|Co-opted Memberand
Treasurer||||
|||C.Threlfall-Rogers|PCC Secretary and Co-opted Member(until|13'"October|||
||||2020)||||
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##
##
##
||||||Unrestricted|Funds||Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|
|||||General|Designated||Total|funds|Total|Total|
|||||E||E|E|E|E|E|
|Income from:|||Notes||||||||
|Donations
and|legacies||2|245,398||904|246,302|31,954|278,256|288,438|
|Charitable
activities|||3|32,637||749|33,386|23,289|56,675|65,560|
|Other activities|||4|22,798|||22,798|105|22,903|36,673|
|Investments|||5|494|||494||494|621|
|Total||||301,327||1,653|302,980|55,348|358,328|391,292|
|Expenditure
on:|||||||||||
|Raising funds|||6|29,139|||29,139||29,139|15,936|
|Charitable
activities|||7|276,682||976|277,658|59,382|337,040|350,064|
|Total||||305,821||976|306,797|59,382|366,179|366,000|
|Net income/
(expenditure)||||(4,494)||677|(3,817)|(4,034)|(7,851)|25,292|
|Transfers between||funds|17|(1,330)|1,330||||||
|Revaluation
gains|||16|5,000|||5,000||5,000||
|Net movement|in|funds||(824)|2,007||1,183|(4,034)|(2,851)|25,292|
|Reconciliation|of|funds:|||||||||
|Total funds|||||||||||
|brought forward||||573,766|81,323||655,089|23,839|678,928|653,636|
|Total funds|||||||||||
|carried forward|||14 8I15|572,942|83,330||656,272|19,805|676,077|678,928|
##
##
|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets|||||573,262||575,471|
|Current assets||||||||
|Debtors|||10|12,107||37,628||
|Cash at bank|and in hand||11|152,770||128,492||
|||||164,877||166,120||
|Creditors falling due within||||||||
|one year|||12|(62,062)||(62,663)||
|Net current|assets||||102,815||103,457|
|Net assets|||||676,077||678.928|
|Funds ofthe|charity|||||||
|Restricted funds|||14||19,805||23,839|
|General fund|||15|235,252||241,076||
|Designated
funds|||15|83,330||81,323||
|Revaluation|reserve||16|337,690||332,690||
|1otal unrestricted||funds|||656,272||655,089|
|Total funds|||||676,077||678.9 8|
##
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##
|Income|from donations
an|d legacies|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Funds||Restricted|2020|2019|
|||General|Designated||Total|funds|Total|Total|
|||||E|E||E|E|
|Planned|giving|167,729||330|168,059|9,090|177,149|194,627|
|Gift aid||42,947||474|43,421|6,116|49,537|52,098|
|Plate collections||1,844|||1,844||1,844|8,790|
|Sundry donations||28,172||100|28,272|13,167|41,439|24,706|
|Interest|from HMRC|6|||6||6|1|
|Legacies||4,700|||4,700|300|5,000|5,000|
|Project 5000||||||3,281|3,281|3,216|
|||245,398||904|246,302|31,954|278,256|288,438|
##
|Income from charitable
act|ivities|||||||
|---|---|---|---|---|---|---|---|
|||Unrestdicted|Funds||Restricted|2020|2019|
||General|Designated||Total|funds|Total|Total|
||||E|E|||E|
|Fees|801|||801||801|3,633|
|Kitchen|256|||256||256|1,214|
|Grants|27,271||749|28,020|7,269|35,289|21,732|
|Concerts|2,090|||2,090||2,090|6,689|
|Bookstall|72|||72||72|222|
|Church weekend|||||||3,540|
|Social events|589|||589||589|5,401|
|Youth work|496|||496||496|1,928|
|Youth football team|||||16,020|16,020|20,349|
|Sundry income|1,062|||1,062||1,062|852|
||32,637||749|33,386|23,289|56,675|65,560|
|||||Unrestricted|Funds||Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||||General|Designated||Total|funds|Total|Total|
||||||E||||E|
|Church|Centre|lettings|4,265|||4,265|80|4,345|10,208|
|Church|Hall lettings||8,791|||8,791|25|8,816|20,083|
|Other|lettings||7,279|||7,279||7,279|4,250|
|Office|&other|income|2,463|||2,463||2,463|2 132|
||||22,798|||22,798|105|22,903|36,673|
##
##
##
|Incom|e from|investments||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Funds||Restricted|2020|2019|
||||General|Designated||Total|funds|Total|Total|
||||||E|E||E|6|
|Bank|interest|receivable|494|||494||494|621|
||||||Unrestricted|Funds||Restricted|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|
|||||General|Designated||Total|funds|Total|Total|
|||||||E|E|6|||
|Stewardship
and|appeal||||||||||
|costs||||89|||89||89|537|
|Church
Hall running||costs||4,923|||4,923||4,923|5,481|
|Church
Hall maintenance||||573|||573||573|385|
|Office and management|||||||||||
|costs||||23,554|||23,554||23,554|9,533|
|||||29,139|||29,139||29,139|15,936|
|All expenditure|on raising funds|||m the prior|year was unrestricted||and undesignated.||||
|Expenditure
on|charitable||activities||||||||
||||||Unrestricted|Funds||Restricted|2020|2019|
|||||General|Designated||Total|funds|Total|Total|
|||||E||E|||||
|Misnonary
and|charitable||||||||||
|giving (note 7a)||||24,540|||24,540|3,156|27,696|30,453|
|Parish gift||||114,900|||114,900|2,196|117,096|123,048|
|Church weekend||||||||||3,494|
|Clergy expenses||||3933||214|4,147|528|4,675|6,462|
|Clergy houses||||467|||467||467|1,904|
|Church running(light,||heat,|||||||||
|insurance
etc)||||28,960||762|29,722|5,462|35,184|38,615|
|Repairs and other costs||||4,269|||4,269|39|4,308|2,260|
|Church
Hall running||costs||5,249|||5,249||5,249|5,481|
|Church
Hall maintenance||||574|||574||574|384|
|Youth and children's||work||28,730|||28,730|289|29,019|25,044|
|Youth football team||||||||18,382|18,382|1&,022|
|Music team||||21,504|||21,504|1,035|22,539|20,745|
|Outreach
&Alpha||||913|||913|729|1,642|3,198|
|Internship
costs||||900|||900||900|2,410|
|Project 5000||||||||782|782|3,163|
|Social||||75|||75|145|220|4,954|
|Concerts||||1,604|||1,604||1,604|5,250|
|Publicity||||845|||845|1,078|1,923|3,575|
|C/fwd to next page||||237,463||976|238,439|33,821|272,260|298,462|
##
##
##
|NO|TE|S TO THE FINANCIAL STATEM|S TO THE FINANCIAL STATEM|S TO THE FINANCIAL STATEM|S TO THE FINANCIAL STATEM|S TO THE FINANCIAL STATEM|S TO THE FINANCIAL STATEM|ENTS F|OR THE Y|EAR ENDED|31 DEC|EMB|ER 2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Expenditure|on|charitable activities (continued)||||||||||||
||||||||Unrestricted|Funds||Restricted||2020|2019|
|||||||General|Designated||Total|funds|Total||Total|
|||||||E||E|E|E||E||
|8/fwd from|previous|||page||237,463||976|238,439|33,821|272,260||298,462|
|Office &administrative||||||||||||||
|costs||||||29,518|||29,518|23,821|53,339||37,788|
|Kitchen||||||846|||846|204|1,050||4,564|
|Depreaation||||||7,280|||7,280|1,097|8,377||7,560|
|Bank charges||||||555|||555|439||994|670|
|independent|examination|||||||||||||
|fees||||||1,020|||1,020||1,020||1,020|
|||||||276,682||976|277,658|59,382|337,040||350,064|
|AB expenditure|||on||charitable|activities|in the prior|year was|unrestricted|and undesignated|apart from the||following:|
||||||||||||Designated||Restricted|
|||||||||||||E|E|
|Missionary|&charitable||||giving||||||2,072||2,338|
|Clergy expenses||||||||||||691|482|
|Clergy houses|||||||||||||380|
|Church
running||(light,||heat, msurance etc(|||||||1,150||4,893|
|Youth &childrens'|||work||||||||||130|
|Youth football team|||||||||||||18,022|
|Music team|||||||||||||1,866|
|Outreach &|Alpha||||||||||||107|
|Project 5000|||||||||||||3,163|
|Social|||||||||||||70|
|Publicity||||||||||||144|2,321|
|Office &Administrative|||||costs||||||||8,760|
|Kitchen||||||||||||62|1,463|
|Depreciation|||||||||||||280|
|Bank charges||||||||||||144|101|
||||||||||||4,263||44,376|
|Missionary
and ch|aritable
giving|||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||General||Designated|Restricted|Total|Total|
||||E|E||E|E|
|SOAR Project|||3,500|||3,500|3,543|
|Church Missionary|Society||4,252|||4,252|4,252|
|The Bible Society|||1,300|||1,300|1,418|
|TearFund|||1,300|||1,300|1,418|
|Diocese ofKiteto|||1,200|||1,200|1,200|
|C/fwd to next page|||11,552|||11,552|11,831|
##
##
##
|NOTES TO THE|FINANCIAL STA|TEMENTS FOR TH|E YEAR ENDED 31|DECEMBER|2020|
|---|---|---|---|---|---|
|Missionary and charitable|giving (continued)|||||
|8/fwd from previous
page||11,552||11,552|11,831|
|Diocese ofMount
Kilimanjaro||1,350||1,350|1,350|
|Child Contact Centre|||||1,418|
|Project 5000||1,400||1,400|1,418|
|Christian
Solidarity Worldwide||1,418||1,418|1,418|
|Belgian Evangelical
Mission|||||1,418|
|Street Pastors - Loughborough||1,000||1,000|1,000|
|Loughborough
Churches
Partnership|||||1,750|
|Crosslinks||1,400||1,400||
|STBGrange Park|||||2,072|
|Give to Give Away|||486|486|1,571|
|Grants less than E1,000/not|yet allocated|6,420|2,670|9,090|5,207|
|||24,540|3,156|27,696|30,453|
##
##
|Included
within the expenditure
in|Notes 6and 7 are|the follow|ing emplo|yme|nt
costs:|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2020||2019|
||General||Designated||Restricted|Total||Total||
|Staff costs||E||E|E||E|||
|Wages and salanes||98,131|||19,402||117,533||79,598|
|Social security costs||2,107|||757||2,864||1,368|
|Pension costs (DCscheme)||5,337|||1,180||6,517||5,206|
|||105,575|||21,339||126,914||86,172|
|The average
m|onthly
number ofemployees
(full and part time) during t|he year was as follows:||
|---|---|---|---|
|||2020|2019|
|||Number|Number|
|Office||4|2|
|Cleaners||2|2|
|Youth, children|and young families ministries|||
|||7|6|
##
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##
##
||Freehold|Land|Fixtures and||
|---|---|---|---|---|
||and Buildings||Equipment|Total|
|||E|E||
|Cost or Valuation|||||
|At 1stJanuary 2020|555,000||77,263|632,263|
|Additions|||1,168|1,168|
|Revaluation
(Note 16)||5,000||5,000|
|At 31st December 2020|560,000||78,431|638,431|
|Depreciation|||||
|At 1stJanuary 2020|||56,792|56,792|
|Charge for the year|||8,377|8,377|
|At 31stDecember 2020|||65,169|65,169|
|Net Book Values|||||
|At 1stJanuary 2020|555,000||20,471|575,471|
|At 31st December 2020|560,000||13,262|573,262|
##
|Debtors||||
|---|---|---|---|
|||2020|2019|
|||E|E|
|Accounts receivable||2,538|5,450|
|Gift aid recoverable||4,537|22,009|
|Prepayments
and accrued income||4,476|7,496|
|Other debtors||556|2,673|
|||12,107|37,628|
|Cash at bank and in|hand|||
|||2020|2019|
|||E|E|
|PCC reserve fund bank account||128,707|113,213|
|PCC general current|bank accounts|23,858|15,048|
|Senior football team|cash and bank|75|75|
|Cash balance||130|156|
|||152,770|128,492|
##
##
|||2020|2019|
|---|---|---|---|
|||E|E|
|Accounts payable||3,063|1,648|
|Accrua Is and deferred|income|48,885|58,960|
|Unpaid tithe||6,049|2,480|
|Taxation and social security||2,165|(1,652)|
|Collections to be paid|over to others|488|80|
|Sundry creditors||1,412|1,147|
|||62,062|62,663|
##
|addition,
reimbursement
oftraining,
develo
been reimbursed
by the Diocese.|pment
and clergy expenses relating|to us being a Resource Church
|has also|
|---|---|---|---|
|||2020|2019|
|Balance brought
forward||47,495|1,200|
|Grants added
in current period||||
|- SDFfunding
(restricted St Barnabas Grange Park)|||50,000|
|-Other grant funding
(restricted St Baranabas Grange Park)|||16,088|
|- SDF &Growth
Fund funding
(general fund|staff costs)|25,250||
|- SDFreimbursement
ofexpenditure||3,290||
|-QRS reimbursement||3,113||
|Other income invoiced
in advance||520|660|
|Amounts
released to income from previous|¤t periods|(35,835)|(20,453)|
|Balance carried forward||43,833|47,495|
##
||At|Incoming|Outgoing|At|
|---|---|---|---|---|
||1stJan 2020|resources|resources|31stDec2020|
||||E|E|
|Project 5000|6,678|3,667|(782)|9,563|
|Youth football|9,153|16,788|(18,482)|7,459|
|St gama has Grange Park|6,348|34,593|(39,722)|1,219|
|Other restricted donations|1,660|300|(396)|1,564|
||23,839|55,348|(59,382)|19,805|
##
##
##
##
|Restricted funds (contin|ued)|||||
|---|---|---|---|---|---|
|Analysis ofmovements|during the PREVIOUS reporting|period||||
|||At|incoming|Outgoing|At|
|||1stIan 2019|resources|resources|31stDec2019|
|||E||E|E|
|Project 5000||6,428|3,421|(3,171)|6,678|
|Youth football||6,016|21,224|(18,087)|9,153|
|St Barnabas Grange Park|||28,208|(21,860)|6,348|
|Other restricted donations||2,043|875|(1,258)|1,660|
|||14,487|53,728|(44,376)|23,839|
##
##
##
|Analysis of|movem|ents
d|u|ring the CURRENT r|eporting
pediod||||
|---|---|---|---|---|---|---|---|---|
||||||At|Irlcomiiig|Outgoing|At|
||||||1stfan 2020|resources|resources|31stDec2020|
|Designated|Reserve fund||||60,000|||60,000|
|Designated|Appeal|fund|||544||(544)||
|Designated|Books|fund|||364||(364)||
|Designated|Redecoration||fund||10,000|1,874||11,874|
|Designated|Church|planting||fund|10,415|1,653|(612)|11,456|
|Total designated
funds|||||81,323|3,527|(1,520)|83,330|
|General fund|||||241,076|301,327|(307,151)|235,252|
|Revaluation|reserve (note|||16)|332,690|5,000||337,690|
|Total unrestricted||funds|||655,089|309,854|(308,671)|656,272|
##
##
##
|Analysis of|movem|ents
d|u|ring the PREVIOUS r|eporting period||||
|---|---|---|---|---|---|---|---|---|
||||||At|Incoming|Outgoing|At|
||||||1stfan 2019|resources|resources|31stDec 2019|
||||||||E|E|
|Designated|Reserve fund||||60,000|||60,000|
|Designated|Appeal|fund|||544|||544|
|Designated|Books|fund|||514||(150)|364|
|Designated|Redecoration||fund||5,000|5,000||10,000|
|Designated|Church|planting||fund|37|14,491|(4,113)|10,415|
|Total designated
funds|||||66,095|19,491|(4,263)|81,323|
|Generalfund|||||240,364|323,073|(322,361)|241,076|
|Revaluation|reserve (note|||16)|332,690|||332,690|
|Total unrestricted||funds|||639,149|342,564|(326,624)|655,089|
##
##
||||At»t|Revaluation|in|At 31st|
|---|---|---|---|---|---|---|
||||ian 2020|year||Dec2020|
||||E||E||
|Land|and|Buildings|332,690|5,000||337,690|
##
##
##
||||||At»t|Revaluation|in|At|31st||
|---|---|---|---|---|---|---|---|---|---|---|
||||||ian 2019|year||Dec|2019||
||||||E||6||||
|Land and Buildings|||||332,690|||332,690|||
|Transfers between||funds|||||||||
||||||Unrestricted|Designated||Restricted||Total|
||||||6||E||E||
|Transfer from|general fund to designated|||redecoration|||||||
|fund|||||(1,330)|1,330|||||
|Transfer from|designated||appeal fund to|designated|||||||
|redecoration|fund||||||||||
|Transfer from|general fund to revaluation|||reserve|||||||
||||||(1,330)|1,330|||||
##
||Balance sheet analysis||||||
|---|---|---|---|---|---|---|
|a.|Balance sheet analysis|by fund type (CURRENT YEAR)|||||
||||General|Designated|Restricted|Total|
||||E|E||E|
||Fixed assets||568,669||4,593|573,262|
||Current assets||9,527|6|2,574|12,107|
||Cash at bank||11,008|83,324|58,438|152,770|
||Creditors||(16,262)||(45,800)|(62,062)|
||Net assets||572,942|83,330|19,805|676,077|
|b.|Balance sheet analysis|by fund type (PREVIOUS YEAR)|||||
||||General|Designated|Restricted|Total|
||||E|E|E|E|
||Fixed assets||570,949||4,522|575,471|
||Current assets||31,868|2,007|3,753|37,628|
||Cash at bank||(15,375)|79,316|64,551|128,492|
||Creditors||(13,676)||(48,987)|(62,663)|
||Net assets||573,766|81,323|23,839|678,928|
##
##