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|CONTENTS||
|---|---|
||Page|
|Legal and administrative<br>information||
|Parochial<br>Church Council's report|2-5|
|Independent<br>Fxaminer's<br>report||
|Statement of Financial Activities||
|Balance Sheet||
|Notes tothe financial statements|9-19|





## 

||LEGAL AND|ADMINISTRATIVE<br>INFORMATION|ADMINISTRATIVE<br>INFORMATION||
|---|---|---|---|---|
|Charity number||1132853(registered<br>in England|&Wales)||
|Address||Emmanuel<br>Church Centre|||
|||Forest Road|||
|||Loughborough|||
|||I eicestershire,<br>LE113NW|||
|PCC Membership|||||
||Rev MJ. Broadley|Incumbent<br>and Chairman|||
||Rev AWalton|Associate Rector (since 22 March 2022)|||
||Rev K Marjoribanks|Curate (since 3July 2022)|||
||D. Ninan|Church Warden|||
||M.g. Riddleston|Church Warden (since 25 April 2023) +Elected Member|||
|||(9April 2019-25 April 2023)|||
||CJ.Sheldon|Elected Member (since 9 April 2019)and Treasurer|||
||J.M. Burnard|Representative<br>on Deanery Synod|||
||A Guilder|Elected Member (since 29 March|2022)||
||NJ.Revell|Representative<br>on Deanery Synod|||
||S.E.Reynolds|Elected Member (9April 2019)|||
||S.Ryce|Elected Member (27April 2021)|||
||Dr C.T.Spencer|Reader,<br>Lay Chair of Deanery Synod, Lay Canon of|||
|||Leicester Cathedral<br>and PCC Safeguarding||Lead|
||K. Fletcher|PCC Secretary —(since 25 September 2023)|||
||L.Collins|Church Warden —Resigned at end ofterm||ofoffice 25|
|||April 2023|||
||A. Howlett|Elected Member (since 13October 2020) and Reader|||
|||(since 23January 2021) —Resigned 25 April 2023|||
||LJ.Howlett|Elected Member (since 27 April 2021) - Resigned 25 April|||
|||2023|||
||J Killey|Elected Member (since 29 March|2022) Resigned 22||
|||December 2023|||
||S.Crew|PCC Secretary —Resigned 3July 2023|||
|Independent||R Buckby FCA|||
|examiner||TC Group|||
|||Hamilton<br>Office Park|||
|||31 High View Close|||
|||Leicester, LE49LJ|||
|Banks||CAF Bank Ltd|||
|||25 Kings<br>Hill Avenue|||
|||Kings<br>Hill, West Mailing|||
|||Kent, ME194JQ|||
|||Lloyds Bank Pic|||
|||37/38 High St|||
|||Loughborough|||
|||LE112QG|||
|||Page 1|||





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|||||Unrestricted<br>Funds||Restricted|2023|2022|
|---|---|---|---|---|---|---|---|---|
||||General|Designated|Total|funds|Total|Total|
||||E|E|E|E|E|E|
|Income from:||Notes|||||||
|Donations and|legacies|2|246,860|119|246,979|13,940|260,919|234,315|
|Charitable<br>Activities||3|60,061|2,517|62,578|38,850|101,428|103,885|
|Other actwities||4|34,642||34,642||34,642|31,009|
|Investments||5|12406||12,406||12,406|4,386|
|Total||||||52,790|409,395|373,595|
|Expenditure<br>on:|||||||||
|Raising funds||6|39,449||39,449||39,449|37,049|
|Charitable<br>activities||7|312,772|24,062|336,834|53,447|390,281|387,684|
|Total|||352,221|24,062|376,283|53,447|429,730|424,733|
|Net income/ (expenditure)|||1,748|(21,426)|(19,678)|(657)|(20,335)|(51,138)|
|Net movement|in funds||1,748|(21,426)|(19,678)|(657)|(20,335)|(51,138)|
|Reconciliation|offunds:||||||||
|Total funds brought forward|||278,228|303,856|582,084|23,513|605,597|656,735|
|Total funds carried forward||14S15|279,976|282,430|562,406|22,856|585,262|605,597|





## 

## 

|||||2023||2022|
|---|---|---|---|---|---|---|
|||Notes||6||6|
|Fixed assets|||||||
|Tangible assets||||275,000||278,146|
|Current assets|||||||
|Debtors||10|23,710||11,422||
|Cash at bank and in hand||11|324,754||340,552||
||||348,463||351,974||
|Creditors falling due within|||||||
|one year||12|(38,202)||(24,523)||
|Net current assets||||310,261||327,451|
|Net assets||||585,261||605,597|
|Funds ofthe charity|||||||
|Restricted funds||14||22,856||23,513|
|General fund||15|139,976||138,228||
|Designated<br>funds||15|282,430||303,856||
|Revaluation<br>reserve||16|140,000||140,000||
|Total unrestricted|funds|||562,406||582,084|
|Total funds||||585,262||605,597|






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## 

|Income from donations|and legacies|||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Funds||Restricted|2023|2022|
||General|Designated||Total|funds|Total|Total|
||E||E|E||E|E|
|Regular donations|162,319||60|162,379|1,155|163,534|154,923|
|Legacy|1,000|||1,000||1,000||
|Other donations|37,610||53|37,663|11,272|48,935|36,527|
|Gift aid|45,931||6|45,937|1,513|47,450|42,865|
||246,860||119|246,979|13,940|260,919|234,315|



## 

|||||Unrestricted|Funds||Restricted|2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||||General|Designated||Total|funds|Total|Total|
||||E||E|E|||E|
|Adults|||771|||771||771|700|
|Seniors|||2,676|||2,676||2,676|1,715|
|Students|||1,365|||1,365||1,365|1,155|
|Children,|Youth|&Families|1,526|||1,526||1,526|1,764|
|Church Weekend|||3,393|||3,393||3,393|4,396|
|Concerts|||6,202|||6,202||6,202|1,924|
|Fees (weddings||&funerals)|3,371|||3,371||3,371|3,633|
|Grants|||40,757|2,517||43,274||43,274|50,890|
|Other Church Activities|||||||||4,553|
|Youth Football|||||||38,850|38,850|33,155|
||||60,061|2,517||62,578|38,850|101,428|103,885|



||||Unrestricted|Funds||Restricted|2023|2022|
|---|---|---|---|---|---|---|---|---|
|||General|Designated||Total|funds|Total|Total|
|||E||E|E||E|E|
|Church|Centre lettings|12,567|||12,567||12,567|8,069|
|Church|Hall lettings|18,925|||18,925||18,925|18,511|
|Other|lettings &income|3,150|||3,150||3,150|4,429|
|||34,642|||34,642||34,642|31,009|



|Inco|me from|investments||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Funds||Restricted|2023|2022|
||||General|Designated||Total|funds|Total|Total|
||||E||E|E||E|E|
|Bank|interest|receivable|12,406|||12,406||12,406|4,386|





|Expend|iture<br>on raising fun|ds|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestdrcted|Funds||Restricted|2023|2022|
|||General|Designated||Total|funds|Total|Total|
|||E||E|E||E||
|Fundraising||408|||408||408||
|Church|Hall running|6,821|||6,821||6,821|8,421|
|Office|and management|32,221|||32,221||32,221|28,628|
|||39,449|||39,449||39,449|37,049|



|7|Expenditure|on charitable|on charitable|activities<br>CURRENT|activities<br>CURRENT|reporting|period|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestdrcted||Funds|||Restricted|2023|2022|
|||||General|Designated|||Total|funds|Total|Total|
|||||E||6||E|||E|
||Missionary|and charitable||||||||||
||giving (note|7a)||23,795||||23,795|6,714|30,509|22,195|
||Parish gift|||109,000||||109,000||109,000|109,000|
||Clergy expenses|||7,806||||7,806||7,806|7,396|
||Training|||2,182||||2,182|3,843|6,025|2,600|
||Adults|||1,607||||1,607||1,607|1,627|
||Seniors|||2,064||||2,064||2,064||
||Students|||21,791||||21,791||21,791|18,763|
||Children,<br>Youth & Families|||37,926||||37,926|225|38,151|35,858|
||Church Weekend|||3,123||||3,123||3,123|4,359|
||Worship|||24,209||||24,209||24,209|22,162|
||Services &|Hospitality||2,869||||2,869||2,869|1,706|
||Lunchtime|Concerts||3,368||||3,368||3,368|966|
||Publicity|||676||||676||676|2,232|
||Church Centre running|||30,760||||30,760||30,760|27,265|
||Repairs and other costs|||3,263||24,062||27,325||27,325|52,540|
||Church<br>Hall|running|costs|6,821||||6,821||6,821|8,421|
||Administration|||25,615||||25,615||25,615|29,568|
||Depreciation|||3,152||||3,152||3,152|2,915|
||Bank charges|||1,005||||1,005|99|1,104|954|
||Independent|examination||||||||||
||fees|||1,740||||1,740||1,740|1,194|
||Project 5000||||||||1,414|1,414|1,140|
||Emmanuel|Football|Club||||||41,152|41,152|34,823|
||Total|||312,772||24,062||336,834|53,447|390,281|387,684|





||||Unrestricted|Funds||Restdrcted|2022|
|---|---|---|---|---|---|---|---|
|||||||funds||
||||General|Designated|Total||Total|
|||||E|E|||
|Missionary<br>and charitable||||||||
|giving (note 7a)|||22,195||22,195||22,195|
|Parish gift|||109,000||109,000||109,000|
|Clergy expenses|||7,396||7,396||7,396|
|Training||||||2,600|2,600|
|Adults|||1,627||1,627||1,627|
|Seniors||||||||
|Students|||18,763||18,763||18,763|
|Children,<br>Youth &|Families||35,673||35,673|185|35,858|
|Church Weekend|||4,359||4,359||4,359|
|Worship|||22,053||22,053|109|22,162|
|Services & Hospitality|||1,706||1,706||1,706|
|Concerts|||966||966||966|
|Publicity|||1,932||1,932|300|2,232|
|Church Centre running|||27,168||27,168|100|27,268|
|Repairs and other costs|||9,003|43,498|52,501|39|52,540|
|Church<br>Hall running|costs||8,421||8,421||8,421|
|Administration|||28,625||28,625|940|29,565|
|Depreciation|||2,915||2,915||2,915|
|Bank charges|||697||697|257|954|
|Independent<br>exammation||||||||
|fees|||1,194||1,194||1,194|
|Project 5000||||||1,140|1,140|
|Emmanuel<br>Football|Club|||||34,823|34,823|
|Total|||303,693|43,498|347,191|40,493|387,684|
|Missionary<br>and charitable||giving||||||
|||||||2023|2022|
||||General|Designated|Restricted|Total|Total|
||||E|6|E|E|E|
|Diocese ofLeicester to send||to Diocese|1,200||6,524|7,724|1,660|
|ofMount<br>Kilimanjaro||||||||
|Church Missionary|Society||4,250|||4,250|4,250|
|SOAR Project|||3,600|||3,600|3,600|
|Crosslinks|||1,500|||1,500|1,500|
|TearFund|||1,300|||1,300|1,300|
|The Bible Society|||1,300|||1,300|1,300|
|Child Contact Centre|||1,000|||1,000|1,000|
|Street Pastors - Loughborough|||1,000|||1,000|1,000|
|Christian<br>Solidarity|Worldwide||||||1,500|
|Grants less than 61,000/not||yet allocated|8,645||190|8,835|5,085|
|Total|||23,795||6,715|30,509|22,195|





|Included<br>within the expenditure<br>in|Notes 6and 7a|re the foll|owing employ|ment<br>costs:|||||
|---|---|---|---|---|---|---|---|---|
|||||||2023||2022|
||General||Designated|Restricted|Total||Total||
|Staff costs||F.|E|||E||E|
|Wages and salaries||126,661||||126,661||120,783|
|Social secudty costs||6,555||||6,555||4,344|
|Pension costs (DCscheme)||6,854||||6,854||6,446|
|||140,070||||140,070||131,573|



|2023|2022|
|---|---|
|Number|Number|



|Office||
|---|---|
|Cleaners||
|Youth, children|and young families ministries|
|Students||
|Worship||





## 

## 

|Tangible fixed assets||||
|---|---|---|---|
||Freehold|||
||Land and|Fixtures and||
||Buildings|Equipment|Total|
||E|6||
|Cost or Valuation||||
|At 1stJanuary 2023|275,000|76,736|351,736|
|Additions||||
|Disposal||||
|Revaluation<br>(Note 16)||||
|At 31st December 2023|275,000|76,736|351,736|
|Depreciation||||
|At 1stJanuary 2023||73,590|73,590|
|Charge for the year||3,146|3,146|
|Depreciation<br>on disposal||||
|At 31st December 2023||76,736|76,736|
|Net BookValues||||
|At 1stJanuary 2023|275,000|3,146|278,146|
|At 31st December 2023|275,000||275,000|
|Debtors||||
|||2023|2022|
|||6|E|
|Accounts receivable||4,762|4,269|
|Gift aid recoverable||3,472|4,291|
|Prepayments<br>and accrued income||15,466|2,862|
|Other debtors||10||
|||23,710|11,422|
|Cash at bank and in hand||||
|||2023|2022|
|||E|E|
|PCC reserve fund bank account||281,872|273,172|
|PCC general current bank accounts||31,355|53,550|
|Junior football team bank account||11,527|13,830|
|||324,754|340,552|





## 

|||||||
|---|---|---|---|---|---|
|12|Creditors: amounts<br>falling due|within one year||||
|||||2023|2022|
|||||E|E|
||Accounts payable|||17,831|974|
||Accruals and deferred<br>income|||8,996|17,501|
||Tithe pending<br>distribution|||6,368|1,196|
||Taxation and social security|||2,138|2,059|
||Collections to be paid over to others||||907|
||Due to St Barnabas Grange Park||||830|
||Sundry creditors|||2,869|1,056|
|||||38,202|24,523|
|13|Deferred Income|||||
|||||2023|2022|
|||||E|E|
||Balance brought forward|||6,264|6,291|
||Grants added<br>in current period|||||
||-SDF&Growth<br>Fund funding|(general fund|staff costs)|28,083|30,935|
||-SDFreimbursement<br>ofexpenditure|||8,000|8,000|
||- CIRS &SSPreimbursement|||||
||Other income invoiced<br>in advance|||||
||Amounts<br>transferred<br>to St Ba ma bas Grange||Park|||
||Amounts<br>released to income|||(37,910)|(38,962)|
||Balance carded forward|||4,437|6,264|



## 

|Restricted funds||||||
|---|---|---|---|---|---|
|Analysis of movements|during the CURRENT reporting|period||||
|||At|Incoming|Outgoing|At|
|||1stian 2023|resources|resources|31stDec 2023|
|||E|E|E|E|
|Project 5000||8,359|2,851|(1,433)|9,777|
|Youth football||13,829|38,850|(41,152)|11,527|
|Student worker training|fund|1,100|4,375|(3,923)|1,552|
|Other restricted donations||225|6,714|(6,939)||
|||23,513|52,790|(53,447)|22,856|





## 

|||At|Incoming|Outgoing|At|
|---|---|---|---|---|---|
|||1stJan 2022|resources|resources|31stDec2022|
|||E|E|E|E|
|Project 5000||7,718|1,787|(1,146)|8,359|
|Youth football||12,940|35,895|(35,006)|13,829|
|Student worker training|fund|(356)|4,124|(2,668)|1,100|
|Other restricted donations||1,673|225|(1,673)|225|
|||21,975|42,031|(40,492)|23,513|



## 

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||||||At|Incoming|Outgoing|At|
|---|---|---|---|---|---|---|---|---|
||||||1stJan 2023|resources|resources|31st Dec2023|
||||||E||E|E|
|Designated|Reserve fund||||33,500|||33,500|
|Designated|Redecoration|&Investment||fund|258,153|2,517|(24,062)|236,608|
|Designated|Church planting||fund||12,203|119||12,322|
|Total designated<br>funds|||||303,856|2,636|(24,062)|282,430|
|General fund|||||138,228|353,969|(352,221)|139,976|
|Revaluation|reserve (note|16)|||140,000|||140,000|
|Total unrestricted<br>funds|||||582,084|356,605|(376,283)|562,406|





|Analysis of|movements|during the PREVIOUS|during the PREVIOUS|reporting<br>period||||||
|---|---|---|---|---|---|---|---|---|---|
|||||At|Incoming|Outgoing|Transfer||At|
|||||1stJan 2022|resources|resources|Between|Fund82st|Dec2022|
||||||E|E||E|6|
|Designated|Reserve fund|||47,500|||(14,000)||33,500|
|Designated|Redecoration|lk Investment|fr|294,212|7,439|(43,498)|||258,153|
|Designated|Church<br>planting<br>fund|||11,881|322||||12,203|
|Total designated<br>funds||||353,593|7,761|(43,498)|(14,000)||303,856|
|General fund||||141,167|323,803|(340,742)|14,000||138,228|
|Revaluation|reserve (note 16)|||140,000|||||140,000|
|Total unrestricted<br>funds||||634,760|331,564|(384,240)|||582,084|



## 

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|16|Revaluation<br>Reserve (u|Revaluation<br>Reserve (u|nrestric|ted)||||||
|---|---|---|---|---|---|---|---|---|---|
||Analysis ofmovements||during|the CURRENT reporting|period|||||
||||||At 1st|Disposal|in|At 31st||
||||||Jan 2023|year||Dec 2023||
||||||E||E|||
||Land and Buildings||||140,000|||140,000||
||Analysis ofmovements||during|the PREVIOUS reporting|period|||||
||||||At 1st|Revaluation||At 31st||
||||||Jan 2022|in year||Dec2022||
||||||E||E|E||
||Land and Buildings||||140,000|||140,000||
|17|Transfers between|funds||||||||
||||||Unrestricted|Designated||Restricted|Total|
||||||E||6|E||
||Transfer from other|restricted||funds to unrestricted||||||





## 

|Balance sheet analysis<br>Balance sheet analysis|by fund type (CURRENT YEAR)||||||
|---|---|---|---|---|---|---|
|||General|Designated|Restricted||Total|
|||E|E|||E|
|Fixed assets||275,000||||275,000|
|Current assets||23,710||||23,710|
|Cash at bank||19,467|282,430|22,856||324,754|
|Creditors||(38,202)||||(38,202)|
|Net assets||279,975|282,430|22,856||585,261|
|Balance sheet analysis|by fund type (PREVIOUS YEAR)||||||
|||General|Designated|Restricted||Total|
|||E|E||E|E|
|Fixed assets||278,146||||278,146|
|Current assets||11,422||||11,422|
|Cash at bank||13,183|303,856|23,513||340,552|
|Creditors||(24,523)||||(24,523)|
|Net assets||278,228|303,856|23,513||605,597|