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||CONTENTS||
|---|---|---|
|||Page|
|Legal and|administrative
information||
|Parochial|Church Council's report|2-6|
|Independent
Examiner's
report|||
|Statement|of Financial Activities||
|Balance Sheet|||
|Notes to|the financial statements|10-21|
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|LEGAL AND A|DMINISTRATIVE
INFORMATION||
|---|---|---|
||1132853(registered
in England
&Wales)||
||Emmanuel
Church Centre||
||Forest Road||
||Loughborough||
||Leicestershire,
LE11 3NW||
|Rev MJ.Broadley|Incumbent
and Chairman||
|Rev 5 Harvey|Associate Rector (seconded to St David's Broom Leys for||
||6months from 15'" November
2020) until|11'"July 2021|
|L Collins|Church Warden||
|E.M. Featonby|Church Warden
(until 27'" April 2021)||
|D. Ninan|Elected Member and (since 27th April 2021)Church||
||Warden||
|J.H. Walker|Representative
on Deanery Synod, elected member of||
||Diocesan Synod and (until 31"July 2021)General Synod||
|S.G Barney|Reader, (tJntil resignation
as reader &trustee|on 23"4|
||November 2021), Chair ofthe Diocesan Board|ofFinance &|
||Representative
on Diocesan and Deanery Synods (until||
||resignation
on 25'" February 2021)||
|CJ.Sheldon|Representative
on Diocesan and Deanery Synods (until 13'"July||
||2021), Elected Member (since 27'" April 2021)and (since 23"||
||November 2021)Treasurer||
|J.M. Burnard|Representative
on Deanery Synod||
|N.J.Revell|Representative
on Deanery Synod||
|Dr C.T.Spencer|Reader,
Lay Chair of Deanery Synod, Lay Canon of||
||Leicester Cathedral
and PCC Safeguarding|Lead|
|A. Howlett|Elected Member and (from 23"January 2021) Reader||
|E.J.Hassall|Elected Member||
|LJ.Howlett|Elected Member (since 27'" April 2021)||
|Dr A.J.Leishman|Elected Member||
|Dr T.l. Marjoribanks|Elected Member||
|F.Monsuur|Elected Member||
|A.J.Overton-Brown|Elected Member||
|S.E.Reynolds|Elected Member||
|M.B.Riddleston|Elected Member||
|S.Ryce|Elected Member (since 27'" April 2021)||
|K.A. Leishman|Co-opted Member and Treasurer
(until 23'" November 2021)||
|S.Crewe|PCC Secretary and Co-opted Member||
||R Buckby FCA||
||Fortus Midlands
Limited||
||Hamilton
Office Park||
||31 High View Close||
||Leicester, LE49LJ||
||CAF Bank Ltd||
||25 Kings
Hill Avenue||
||Kings Hill, West Mailing||
||Kent, ME194JQ||
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||||Unrestricted|Unrestricted|Funds||Restricted|2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||||General|Designated||Total|funds|Total|Total|
||||6||E|E|6|6|6|
|Income from:||Notes||||||||
|Donations and legacies||2|||425|227,045|17,310|244,355|278,256|
|Charitable
activities||3||||46,203|34,487|80,690|56,675|
|Other activities||4||||30,194||30,194|22,903|
|investments||5||||103||103|494|
|Total|||303,120||425|303,545|51,797|355,342|358,328|
|Expenditure
on:||||||||||
|Raising funds||6|31,517||4,132|35,649||35,649|29,139|
|Charitable
activities||7|289,378||30|289,408|49,627|339,035|337,040|
|Total|||320,895|4,162||325,057|49,627|374,684|366,179|
|Net income/
(expenditure)|||(17,775)|(3,737)||(21,512)|2,170|(19,342)|(7,851)|
|Transfers between funds||17|(274,000)|274,000||||||
|Revaluation
gains||16|||||||5,000|
|Net movement|in funds||(291,775)|270,263||(21,512)|2,170|(19,342)|(2,851)|
|Reconciliation offunds:||||||||||
|Total funds||||||||||
|broughtforward|||572,942|83,330||656,272|19,805|676,077|678,928|
|Totalfunds||||||||||
|carded forward||14 &15|281,167|353,593||634,760|21,975|656,735|676,077|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
||||Notes|6|||6|6|
|Fixed assets|||||||||
|Tangible assets||||||281,019||573,262|
|Current assets|||||||||
|Debtors|||10|9,908|||12,107||
|Cash at bank|and in hand||11|405,762|||152,770||
|||||415,670|||164,877||
|Creditors falling due within|||||||||
|one year|||12|f39,954)|||I62,062)||
|Net current|assets|||||375,716||102,815|
|Net assets||||||656,735||676,077|
|Funds ofthe|charity||||||||
|Restricted
funds|||14|||21,975||19,805|
|General fund|||15|141,167|||235,252||
|Designated
funds|||15|353,593|||83,330||
|Revaluation|reserve||16|140,000|||337,690||
|Total unrestricted||funds||||634,760||656,272|
|Total funds||||||656,735||676,077|
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|Income from donations|and legacies|||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Funds||Restricted|2021|2020|
||General|Designated||Total|funds|Total|Total|
||||E|E||E|E|
|Planned
giving|160,895||350|161,245|10,861|172,106|177,149|
|Gift aid|41,217||75|41,292|2,749|44,041|49,537|
|Plate collections|1,732|||1,732||1,732|1,844|
|Sundry donations|22,773|||22,773|1,534|24,307|41,439|
|Interest from HMRC||||3||3|6|
|Legacies|||||||5,000|
|Project 5000|||||2,166|2,166|3,281|
||226,620||425|227,045|17,310|244,355|278,256|
|Income from donations|and legacies in the|prior year included 6904to designated|||funds income and F31954to restricted|||
|funds income.||||||||
|Income from charitable|activities|||||||
|||Unrestricted|Funds||Restdicted|2021|2020|
||General|Designated||Total|funds|Total|Total|
||||E|E||E|E|
|Fees|2,655|||2,655||2,655|801|
|Kitchen|156|||156||156|256|
|Grants|42,284|||42,284|6,608|48,892|35,289|
|Concerts|653|||653||653|2,090|
|Bookstall|||||||72|
|Social events|||||||589|
|Youth work|315|||315||315|496|
|Youth football team|||||27,879|27,879|16,020|
|Sundry mcome|140|||140||140|1,062|
||46,203|||46,203|34,487|80,690|56,675|
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|||||Unrestricted|Funds||Restricted|2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||||General|Designated||Total|funds|Total|Total|
||||||E||||E|
|Church|Centre|lettings|8,530|||8,530||8,530|4,345|
|Church|Hall lettings||16,197|||16,197||16,197|8,816|
|Otherlettings|||||||||7,279|
|Office|&other|income|5,467|||5,467||5,467|2,463|
||||30,194|||30,194||30,194|22,903|
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|Incom|e from|investments||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Funds||Restricted|2021|2020|
||||General|Designated||Total|funds|Total|Total|
||||E||E|E||E|E|
|Bank|interest|receivable|103|||103||103|494|
|||||Unrestricted|Funds||Restricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||General|Designated||Total|funds||Total|Total|
||||E||E|E||E|||
|Stewardship
and appeal|||||||||||
|costs|||118|||118|||118|89|
|Church
Hall running||costs|7,855|||7,855|||7,855|4,923|
|Church
Hall maintenance|||85|||85|||85|573|
|Office and management|||||||||||
|cost's|||23,459|||23,459|||23,459|23,554|
|Legal &professional||fees|||4,132|4,132|||4,132||
||||31,517||4,132|35,649|||35,649|29,139|
|All expenditure|on|raising funds|in the prior|year was unrestricted||and undesignated.|||||
|Expenditure
on|charitable activities||||||||||
|||||Unrestricted|Funds||Restricted||2021|2020|
||||General|Designated||Total|funds||Total|Total|
||||E||E||||||
|Missionary
and|charitable||||||||||
|giving (note 7a)|||22,669|||22,669|5,048||27,717|27,696|
|Parish gift|||114,900|||114,900|||114,900|117,096|
|Clergy expenses|||3,328|||3,328||787|4,115|4,675|
|Clergy houses|||685|||685|||685|467|
|Church
running|(light, heat,||||||||||
|insurance etc)|||26,591|||26,591|5,318||31,909|35,184|
|Repairs and other costs|||3,838|||3,838|||3,838|4,308|
|Church
Hall running||costs|7,855|||7,855|||7,855|5,249|
|Church
Hall maintenance|||84|||84||||574|
|Youth and children's||work|37,054|||37,054||26|37,080|29,019|
|Youth football team|||||||22,311||22,311|18,382|
|Music team|||19,073|||19,073||172|19,245|22,539|
|Outreach
&Alpha|||13,215|||13,215||657|13,872|1,642|
|Internship
costs||||||||||900|
|Project 5000|||||||1,166||1,166|782|
|Social||||||||303|303|220|
|Concerts|||231|||231|||231|1,604|
|Publicity|||750|||750||274|1,024|1,923|
|C/fwd to next page|||250,273|||250,273|36,062||286,335|272,260|
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|Expenditure
on|ch|arit|abl|e activiti|es (|contin|ued)|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Funds||Restricted|2021||2020|
||||||General||Designated||Total|funds|Total||Total|
|||||||E||E||||||
|8/fwd from previous|||page||250,273||||250,273|36,062|286,335||272,260|
|Office &administrative||||||||||||||
|costs|||||29,691||||29,691|12,385|42,076||53,339|
|Kitchen||||||841|||841|||841|1,050|
|Depreaation|||||6,883||||6,883|822|7,705||8,377|
|Bank charges||||||610||30|640|358||998|994|
|independent
examination||||||||||||||
|fees|||||1,080||||1,080||1,080||1,020|
||||||289,378|||30|289,408|49,627|339,035||337,040|
|All expenditure||on charitable|||activities||in the prior|year was|unrestricted|and undesignated|apart from the||following:|
||||||||||||Designated||Restricted|
|||||||||||||E|E|
|Missionary
&charitable||||giving|||||||||3,156|
|Parish gift|||||||||||||2,196|
|Clergy expenses||||||||||||214|528|
|Church
running|(light,||heat, insurance|||etc)||||||762|5,462|
|Repairs and other||costs|||||||||||39|
|Youth &childrens'||work|||||||||||289|
|Youth football team|||||||||||||18,382|
|Music team|||||||||||||1,035|
|Outreach &Alpha|||||||||||||729|
|Project 5000|||||||||||||782|
|Social|||||||||||||145|
|Publicity|||||||||||||1,078|
|Office &Admmistrative||||costs|||||||||23,821|
|Kitchen|||||||||||||204|
|Depreciation|||||||||||||1,097|
|Bank charges|||||||||||||439|
|||||||||||||976|59,382|
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|Missionary
and cha|ritable
giving|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||General||Designated||Restricted||Total|Total|
||||E||E||E|E|E|
|SOAR Project|||3,600|||||3,600|3,500|
|Church Missionary|Society||4,250|||||4,250|4,252|
|The Bible Society|||1,300|||||1,300|1,300|
|C/fwd to next Page|||9,150|||||9,150|9,052|
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|Include|d
within the expenditure
in|Notes 6and 7are|the follow|ing
employme|nt
costs:|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2021||2020|
|||General||Designated|Restricted|Total||Total||
|Staff costs|||E|E|E||E||E|
|Wages|and salaries||111,854||10,163||122,017||117,533|
|Social security costs|||4,405||387||4,792||2,864|
|Pension|costs (DC scheme)||6,390||610||7,000||6,517|
||||122,649||11,160||133,809||126,914|
|The average
m|onthly
number ofemployees
(full and part time) during th|e year was as follows:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Office||3|3|
|Cleaners||2|2|
|Youth, children|and young families ministries|1|1|
|Other||2|1|
|||8|7|
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||Freehold land|Fixtures and||
|---|---|---|---|
||and Buildings|Equipment|Total|
||E|E||
|Cost or Valuation||||
|At 1stJanuary 2021|560,000|78,431|638,431|
|Additions||9,774|9,774|
|Disposal|(285,000)|(11,511)|(296,511)|
|Revaluation
(Note 16)||||
|At 31st December 2021|275,000|76,694|351,694|
|Depreciation||||
|At 1stJanuary 2021||65,169|65,169|
|Charge for the year||7,705|7,705|
|Depreaation
on disposal||(2,199)|(2,199)|
|At 31stDecember 2021||70,675|70,675|
|Net BookValues||||
|At 1stJanuary 2021|560,000|13,262|573,262|
|At 31stDecember 2021|275,000|6,019|281,019|
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|Debtors||||
|---|---|---|---|
|||2021|2020|
|||E|E|
|Accounts receivable||3,301|2,538|
|Gift aid recoverable||3,285|4,537|
|Prepayments|and accrued income|2,597|4,476|
|Other debtors||725|556|
|||9,908|12,107|
|Cash at bank|and in hand|||
|||2021|2020|
|||E|E|
|PCC reserve fund bank account||373,810|128,707|
|PCC general current bank accounts||26,712|23,858|
|Senior football team cash and bank|||75|
|Junior football|team bank account|5,190||
|Cash balance||50|130|
|||405,762|152,770|
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|Creditors: amounts
falling due within|Creditors: amounts
falling due within|Creditors: amounts
falling due within|one year|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6|E|
|Accounts payable||||2,494|3,063|
|Accruals and deferred
income||||10,534|48,885|
|Unpaid tithe||||711|6,049|
|Taxation and social security||||2,039|2,165|
|Collections to be paid over to||others||444|488|
|Due to St Barnabas Grange|Park|||22,452||
|Sundry creditors||||1,280|1,412|
|||||39,954|62,062|
|Deferred Income||||||
|||||2021|2020|
|Balance brought forward||||43,833|47,495|
|Grants added
in current period||||||
|- Diocese funding
(restricted|St Baranabas Grange Park)|||4,957||
|-SDF&Growth
Fund funding||(general|fund staff costs)|33,491|25,250|
|-SDF reimbursement
ofexpenditure||||4,368|3,290|
|-QRS &SSP reimbursement||||5,755|3,113|
|Other income invoiced
in advance||||410|520|
|Amounts
transferred
to St Barnabas Grange Park||||(45,062)||
|Amounts
released to income||||(41,461)|(35,835)|
|Balance carried forward||||6,291|43,833|
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|Restricted funds
Analysis ofmovements|duding the CURRENT|reporting
pediod||||
|---|---|---|---|---|---|
|||At|Incoming|Outgoing|At|
|||1stJan 2021|resources|resources|31stDec2021|
|||E||E|6|
|Project 5000||9,563|2,321|(4,166)|7,718|
|Youth football||7,459|27,964|(22,483)|12,940|
|St Barnabas Grange Park||1,219|20,259|(21,478)||
|Student worker training|fund||844|(1,200)|(356)|
|Other restricted donations||1,564|409|(300)|1,673|
|||19,805|51,797|(49,627)|21,975|
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|Analysis ofmov|ements
during the PREVIOU|S reporting
pediod||||
|---|---|---|---|---|---|
|||At|Incoming|Outgoing|At|
|||1stJan 2020|resources|resources|31stDec2020|
|||E|E|E|E|
|Project 5000||6,678|3,667|(7&2)|9,563|
|Youth football||9,153|16,788|(18,482)|7,459|
|St Barnabas 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|
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||||||At|Incoming|Outgoing|At|
|---|---|---|---|---|---|---|---|---|
||||||1stfan 2021|resources|resources|31st Dec2021|
||||||E||6||
|Designated|Reserve fund||||60,000||(12,500)|47,500|
|Designated|Redecoration|fund|||11,874||(11,874)||
|Designated|Redecoration|&Investment||fund||298,374|(4,162)|294,212|
|Designated|Church
planting||fund||11,456|425||11,881|
|Total designated
funds|||||83,330|298,799|(28,536)|353,593|
|General fund|||||235,252|513,310|(607,395)|141,167|
|Revaluation|reserve (note|16)|||337,690||(197,690)|140,000|
|Total unrestricted
funds|||||656,272|812,109|(833,621)|634,760|
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|Analysis of|movements
d|u|ring the PREVIOUS|reporting
period||||
|---|---|---|---|---|---|---|---|
|||||At|Incoming|Outgoing|At|
|||||1stIan 2020|resources|resources|31stDec2020|
||||||E|f|E|
|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)|11456|
|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|
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|Analy|sis|ofmovements
duding the CURR|ENT reporting
period|ENT reporting
period|||
|---|---|---|---|---|---|---|
||||*t1st Disposal||in|At 31st|
||||Jan 2021 year|||Dec2021|
||||E||E||
|Land|and|Buildings|337,690|(197,690)||140,000|
|b.|Analysis ofmovements
du|ring the PR|EVI|OUS reporting|per|iod|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||At 1st|Revaluation|At|31st||
|||||||Jan2020|inyear|Dec|2020||
|||||||E|E||||
||Land and Buildings|||||332,690|5,000|337,690|||
|17|Transfers between funds||||||||||
|||||||Unrestricted|Designated|Restricted||Total|
|||||||E|E||E||
||Transfer from general fund to designated|||redecoration|&||||||
||investment
fund|||||(286,500)|286,500||||
||Transfer from designated|reserves fund||to general fund||12,500|(12,500)||||
||Transfer from designated|redecoration|fund to designated||||||||
||redecoration
&investment|fund|||||||||
||Transfer from revaluation|reserve to general fund|||||||||
|||||||(274,000)|274,000||||
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|Balance sheet analysis
Balance sheet analysis|by fund type (CURRENT YEAR)|||||
|---|---|---|---|---|---|
|||General|Designated|Restricted|Total|
|||E|E|||
|Fixed assets||281,019|||281,019|
|Current assets||9,853||49|9,908|
|Cash at bank||29,416|353,587|22,759|405,762|
|Creditors||(39,121)||(833)|(39,954)|
|Net assets||281,167|353,593|21,975|656,735|
|Balance sheet analysis|by fund type (PREVIOUS YEAR)|||||
|||General|Designated|Restricted|Total|
|||E|E|||
|Fixed assets||568,669||4,593|573,262|
|Current assets||9,527||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|
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