Chaiity registration number.. 1133758 Emmanuel Baptist Church Annual Report and Financial Statements for the Year Ended 31 Oecember 2024 Peace Accountancy Ltd Independent examiner 4 The Crescent Taunton Somerset TA1 4EA
Emmanu•l Baptl8t Church Contonts Trustees, Report Independeni Examinerfs Report Slatement of Finanual Activrties Balance Sheet Notes to the Financial Statements
Emmanuel Baptist Church Swanage Jan 2024-Dec 2024 Our Purposes and Aims The Church operates under its Articles of Faith and Church Constitution and is a member church of the Old Baptist Union and The Baptist Union of Great Britain. The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. To achieve this purpose, we aim to provide the following services: Christian activities to all age groups, to include people with disabilities and to other charities and voluntary bodies. We endeavour to make 8rants to individuals and other or8anisations. provide buildings. facilities, and open space and to provide services, advocacy, advice, and information. Ensuring our Activities Deliver our Aims We have complied with the duty in section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission when reviewing our aims and objectives and in planning our future activities. Emmanuel Baptist Church was founded in 1905 and moved to l Howard Road, Swanage in 1921. In 2013 it relocated to its new church building in Victoria Avenue. It is the policy of the church to co-operate wherever possible with other Christians in Swana8e and across the Isle of Purbeck in advancin8 Christ's Kingdom in the town and area. Every church member is encouraged to carefully read the churches doctrinal basis and constitution which are set out in detail in the Articles of Faith and Constitution. These were originally drawn up and agreed in 1935, revised bv the Church Membership and agreed by the Old Baptist Union in August 2014. Copies are available on request from either the Minister or the Church Administrator. Included with this Statement are the guidelines for the administration of thc Socal church. Our Objectives The main objectives for the year were: a) To create and/or establish a wide range of events and activities that will serve the needs of the church and wider community. b) To release appropriately gifted people into full-time and part-time roles, to help develop and implement the trust's plans. cl To ensure full use of the building facilities and complete key works for the benefit of both the Church and the wider community. d) Provide ongoing development and trainin8 as appropriate for staff and volunteers a) To steer the church through the appointing of a new minister bl To engage with the wider Baptist Family
c) To work with the wider Church community through "Swanage Churches Together", to meet the needs of the wider community of Swanage and Purbeck avoiding duplication. d) To provide a range of attractive age-specific programmes, to run alongside the Sunday morning servtce el To fully support and engage with the joint churches, initiative in Swanage Yhe Wave Ministrf via "Wave Youth" fl To continue resourcing the "Wave Youth ' initiative in particular with our full-time Youth Minister, taking ownership for developing and delivering a Swanage-wide programme for young people aged 11-18 years along with other 'Wave' team members and Trustees. g) To provide office and administrative support to 7he Wave Ministry,. a) Play a leading role within 'Swanage Churches Together,, helping set the vision and plans and organising and hosting events. bl Support The Wave, youth work in conjunction with other churches in Swanage. c} Training and support for volunteers. equipping them to take their part in the life of the church. d) Engaging with church members and regular attendees to develop a long-term vision for the work of the church. el An ongoing training and support programme is in place for Life Group Leaders. f) Formal appraisal for staff members on a regular 1-2-1 meeting with their line manager. g) The Church Centre hosts a range of regular non-church, public events including Pilates classes, Memory Cafe run by Age UK, two Community Choirs and other musical groups, Knitting Group and Art and Crafts groups. h) The Church Centre hosts regular event5 for children and young people across Swanage, in association with The Wave,, a5 well as our own Sunday groups. There is "Remix where youn8 people can learn to play musical instruments and perform, sing in a band and operate PA equipment and "Rooted" which is a young person's Bible based discussion group. I Continuing to develop two gardens, a safe garden for younger children and parents and a quiet garden for everyone to enjov. The Church reviews its aims, objectives. and activities on a regular basis, through the following ways: Monthly Leadershipnrustee meetings Quarterlv congre£ational meetings. The way the Church normally operates is clearly set out in our Articles of Faith and Church Constitution. Achievements and Performance During the year the Church has made significant progress including: Increase in membership and attendance at Sunday seniices Repaired a long standing issue with leaks in the tower.
Plans for Future Periods General Continue the search for a new Minister, to maintain and support the Church's ongoing vision and ministry. Develop a strategy for supporting childrens and youth work Continue to provide a focus on the communities living in the immediate geographical area of the church. To continue to provide a ministry and place of renewal and encouragement for those who visit the town whilst on holiday. To continually train, develop and equip volunteers and staff members. To continue to develop the use of the café area for the community needs such 35 the Monday Pop-ln for people who live alone or those who care for a family member living with dementia. To continue creating and establishing a wide range of events and activities that will serve the needs of the Church and wider community. To maintain and develop the Church Centre building and facilities to maximise its appropriate use and enable the trust's plans to be delivered. Lonu To serrfe and meet the needs of the church and the wider community to effect significant change across Swanage and Purbeck. To secure and release necessary resources to achieve the Trust's plans To increase awareness, educate and encourage relevant action to be taken, to care for our world and help combat climate change and sustainability of our planet. We have links to Susiainable Swanage Community Group. Sustainability The Church has rnaintained its income from offerings. An up-to-date valuation has been obtained for our land and building assets. The church is valued at £1,000,000 and the manse at £400,1)0. These values are less than the historical valuations shown in previous accounts, so a revaluation charge has been applied to the 2024 accounts. The church is shown as £750,OCKI in the accounts as 25% 15 owned by the Old Baptist Union. We have no plans to Sell either building. our income covers our expenditure, and we have adequate reserves, so the change in value will not affect the ongoing sustainability of Emmanuel Baptist Church. Reserves Policy By nature, the Church relies totally on the generosity of its members to keep the charity financially sound. The trustees airn to maintain a month end bank balance equal to at least three month's ongoing costs {eg salaries, utilities). Structure Govemance and Management The charity is run on the dependency of its Articles of Faith and Church Constitution.
Guidelines for the Administration of the Local Church Org?Djf 4tinnal <trriirtri i The charity is run by the minister and a Leadership Team {Trustees) made up of volunteers. The full Leadership Team meet monthly to discuss and determine ongoing matters and policy. There is a quarterly meeting whereby all members of the Church are invited to attend to discuss and approve matters and policies and an Annual General Meeting. There are ten trustees on the Leadership team. The day-to-day administration of the Church 15 overseen by the Minister, Treasurer, Church Administrator and Leadership Team. Finally, there are teams of volunteer helpers who contribute to the pastoral and administrative work of the Church Rprriijtrrnontr 2pr! Annnin+rt)tsrt nf Triit+•oe The trustees and officers named on the legal and administrative information page have served throughout the year except where otherwise Stated. Api Iriiriliment of Ministerlsl A minister shall be appointed by an 80% majority vote at a Church Meeting but only after having agreed the Article5 of Faith and Constitution of the Church and having gained the unanimous approval of the Leadership Team. The quorum for such a Church Meeting shall be 60% of the membership, not including those hospitalized, housebound and living or working away at the time. During the appointment process a Moderator la Baptist minister who knows the Church and has its confidence) may be invited to take the chair at interviews and Church meetings. Appoinimeni of Ol'i'icers Leadership members are elected by the church members in church meetings. Nominations for the leadership should be submitted to the minister/leadership team for approval and then placed before the church meeting. A 60% majority of the voting members shall ensure their election. The quorurn needed to make such appointments to the leadership shall be 30% of the membership. which will not include members who are living or working away at the time of the meeting. All members, before casting their vote5 are asked to seek earnestly the mind of Christ in prayer. The number of officers may vary according to need but should not normally exceed IO% of the membership. Leaders will serve for a term of three years, after which they may stand for re-election. At the end of a second three-year term of office they cannot be re-elected until a period of one year has elapsed. Otk1fr4f ALipointmen-s All other appointments shall be determined annually by the decision of the Church Meeting. Risk ManaRement The trustees have a risk management Strategy which comprises: An annual review of the risks the charity may face. The establishment of systems and procedures and policies to mitigate those risks identified in the plan.
The implempntation of procedure5 designed to rninimise any potential impact on the charity should those risks materialise. The financial perforrnance of the charity is regularly reviewed by a financial team and the trustees at its monthly meetings. Responsibilities of the TrustevS The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable laws and regulations. The trustees are required under the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and: select suitable accounting policies and apply them consistently. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disc105ed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue. put in place safeguarding policies, procedure, and training. The trustees have Complied with the duty in Section 4 of the Charitie5 Act 2011 to have due regard to public benefit guidance published by the Charity Commission when reviewing our aims and objectives and in planning our future activities. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with applicable laws and regulations. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Legal and Administrative information Church Trustees and Officer5 The trustees and officers who served during the year were as follows: Richard Docherty - (Youth Minister) lan Snell - (Buildings. Information Technology) Peter Collins- (Secretary. World Mission) Helen Rochelle - (Safeguarding and Discipleship) Richard Penny- (Finance) Douglas Clutterbuck Graham Holiday- (Preaching and Teachin8) appointed March 2024 Janet Norley- (Administrator) appointed March 2024 Alison Snell - (Worship) appointed March 2024 Pamela Sealey- (Prayer} appointed March 2024 Church Administrator - Janet Norley
Treasurer- Richard Penny Legal Information Emmanuel Baptist Church is a registered charity. number 1133758. Address 160 Victoria Avenue Swanage BH19 IAZ
Emmanuel Baptl8t Church Indep•ndent Examlnarfs Rèport to the tru8t•e8 ol Emmanuèl Baptl•t Church I report to the charity trustees on my examinats'on of the a¢counts of the charity lor the year ended 31 Decernber 2024 ttIch are set OLrt on pages 8 to 20. Respoctlvè re8ponslblllti88 of tru8toe8 and oxamlmr As the Charity's trustees of Emmanuel Bapts"$t Church you are responsible for the preparation of the account8 in accordance with the requirements of the Chants'es Ad 20111.the Act.). I report in respect of my examination of the Emmanuel Baptist Church .8 accounts Carried out under section 145 of the 2011 Act and in carrying out my examinalion I have fdlowed all the ap1¢able Directions given by the Charity commison under section 145{5)Ib) of the Act. Independent examln•rf8 staloment I have completed my examination. I confimi that no material matters have come lo my attention in connection ¥*ith the examination giving me cause to believe that in any material respect.. 1. accounting records were not kept in re8pecl of Emmanuel Baptigt Church as required by section 130 of the Act, 2. the accounts do not accord vthh those records: cy 3. the accounts do not comply wth the accounting requirements conceming the fomi and content ol accounts set out in the Charibes {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'twe and fair view, which is not a matter considered as part of an independent examination. I have no Concerns and have come across no other matters in connection the exarnination to which attention should be drawn in this report in order to enable a proper understanding of the account5 to be reached. Helen Hubbard FCA PFP Independent examiner ICAEW 4 The Crescent Taunton Somerset TA1 4EA Date.. 13" May 2025 P•3e 7
Emmanuel Baptlst Church Statement of Flnanclal Activitles for the Year Endod 31 DeMber 2024 Unrestrlcted lunds Restrlctod funds Total 2024 Total 2023 Income and Endowmants Donations and legacAes Charitsble actiwties 140.955 26.709 167,665 21,079 1.356 152,839 19,421 1,030 173,090 21,079 1,356 Investment income Total income 163,390 26.709 190,100 Exp8ndlture on: Charitable activities {139.313) {615.903) {755,2161 {149,717) Total expenditure {139.313) {615.9031 1755,216) {149,717) Net incomellexpenditure) 24,077 1589.1941 (565,116} 23.373 Gross transfers been funds Net movement in funds 24,077 1589.194> 1565,116} 23,373 Roc011¢allOn of fund8 Totsl fijnds brought forward Total funds carried forward 792,395 1.074.609 1,887,004 1,843.631 15 816.472 485,415 1.301.887 1,819,062 All of the charity's adivities derive from conts'nuing operation8 during the above two period3. The funds breakdown for 2024 is shr)wn in note 15. The notes on pages 10 to 20 form an integral part ofthese financial sL*ements. P4e8
Emmanu•l 8aptl•t Church IR•gl•Iiatn numb•r. 1133768) 8alanu She•t a• at 31 D•c•mb•r 2024 2024 2023 Tonglblg assets 11 1201.066 1.772,227 Debtorn 12 17,375 11,909 C88h 01 bank In haTh 13 85,295 86,854 102.670 98,763 14 (1.849) 13.986) l(K).821 94.777 1,301.887 1,867,004 R•strl¢t•d fvnd& 15 485,415 1.074,6LAI Unreitrktad furKI• 816.472 792,395 Total 15 1,301,887 1,867.004 Thefln 1.3.. nd l Sypments on pag•$ 8 to 20 wer• approved by the trLffjtoM, and authortsed for 188u• Rlchard P•nny TnJ¥t•• Thè not8$ on pages 10 to 20 form an Inlew81 part of th880 IlnarK4al stalennts.
Emmanuel Baptlst Church Not•s to th• Flnanclal Stat•monts for tho Year Ended 31 D•c•mr 2024 1 Accounllng pollclos Ststsmont of compllance The finanoal statements have been prepared in accordance wth Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Finanoal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effe¢tive 1 January 2015) - ICharibe3 SORP IFRS 102}), the Financial Reporbng Standard applicable in the UK and Republic of Ireland {FRS 102) and the Chankn'es Act 2011. Emmanucl Bapbst Chur¢h me¢t¥ the definition of a public b¢n¢fit entity under FRS 102. A$sets and liabilities are initially Tecognised at historical rnst or transath.on value unless Otherwise stated in the relevant accounting policy notes. Exemptlon from prnparing a $h flow slatornnt The charity opted to eaTly adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow slatement in these financial statements. Golng concorn The Iruslees consider that there are no rnaterial uncertainiies about the charity's ability to continue as a going concern. Income and •ndowmonts Voluntary income including donations. gift5, legacies and grants that provide core funding or are of a general nature is recognised when the chanty has enb"Ilement to the income. it is probable that the income wll be received and the amount can be measured wlh sufficient reliability. Donatlons and lryael•s Donab'ons and lega68 are recognised on a receivable ba818 when receipt is probable and the amount can be reliably measurtsd. Investment Income Investment income is induded in the accounts in the year in which it is receivable. P*Je 10
Emmanu•l Bapti8t Church Not08 to the Flnanclal Statsments for the Year End•d 31 Decembor 2024 Expendlture Ail expenditure is recognised once there is a legal or constructive obligation to that expenditure, il is probable settlement is required and the amount can be measured reliably. Al costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Charltable acdvttlos Charitable expendilure comprises those costs incurred by the charrty in the delivery of its activities and services for its beneficiaries. 11 indudes both costs that can be allocated directly to such activities and those cost5 of an indiTect nature necessary to support them. Govemon¢e coo1• These include the costs attributable to the charity's complianrx ¢onslitLrtional and statutory requirements. induding audit. strategic management and trustees's meetings and reimbursed expenses. Governmont grants Government grant5 are recognised based on the accrual model and are measured at the fair value of the asset received or receivae. Grants are dassified as relats.ng either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recogni$ed. Grants relating to assets are recognised over the expected useful life of the asset. Vthere part of a grant relating to an asset 1$ def8rred. it is recognised as defeed income Taxatlon The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a chantale company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received wFthin categones covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Se¢tion 256 of the Taxation of Chargeable Gains Act 1992, to Ihe extent that such income or gains are applied exclusively to charitable purposes. Tanglble flxed a••rt• Individual fixed assets costing £1,000.00 or more are initially reGtyded at cost. P•3811
Emmanuol 8aptl8t ChUh Nots8 to th• Flnanclal Statemonts for th• Yéar Endad 31 Docember 2024 Depreclallon and amortimtlon Depreciation is provided on tangible fixed assets so as to wnte off the cost or valuation. less any esb'mated residual value. over their expected useful economic lrfe as follows: AM•t cl48• Compuler and technical equipment Fumiture and fittings Camera equIpent D•prnclatlon m•thod and r¥t• 25% pa reduang balance basis 25% pa reducAng balance basis 3 years straight line basis Cash and cash oqulvaknts Cash and cash equivalent5 comprise cash on hand and call deposits, and other short-term highly liquid investments that are readiFy ConVertie to a known amount of cash and are 8uty.ect to an insignificant risk of change in value. Fund #tructurg unreStried income funds are general funds that are avallatyle for use atlhe irustees's dlscretion in furtherance of the objects'ves of the charity. Restricted income funds are those donated for use in a particular area or for ypecsfic purposes, the use of which is restricted to that area or purpo$e. 2 Income from donallons and1ogaci08 Unrestrlcted Totsl General Donation5 and legacie8', Donations from indivaS 117,750 23,205 24,785 1.924 142,536 25.129 Gift aid redwmed Total for 2024 140.955 26,709 167.665 Tot81 for 2023 151.309 1,330 152.639 Pa3e 12
Emmanu•l Baptlst Church Not•• to the Financial Statements for the Year Ended 31 Doc•mb•r 2024 3 Income from charltsble actAvltle8 Unrnstrlcted fund• Generdl Total 2024 Total 2023 Catering Room rental 4,513 11.088 4,513 2,614 11.088 9,335 Manse Rental 5,478 5,478 7,472 21,079 21,079 19,421 4 Inv•stm•nt In¢omo Unre8trlct8d nds G•nernl Total fvnd• Interest receivable and similar income., Interest receivable on bank deposrts 1,356 1.356 Total for 2024 1,356 1.356 Total for 2023 1,030 1,030 P•3e 13
Emmanu•l Baptlst Chureh Nots8 to th• Financlal Stotsments for the Year Ended 31 Docomber 2024 5 Analysis of govemanco and 8UPPOrt costs Charftabl• activlties arnlysls Unrgstrictsd nds General R•strict•d fund8 Tot41 2024 Total 2023 Stsff Salaries 47.027 1.030 2.028 16,742 49.885 47.027 44,103 Ministers, expenses Manse exFen8es Youth manse expenses Church building exFenses Catering expenses Officeladmin expenses Charitable contributsons 1.030 2.028 16.742 49,885 3.91)0 1.1SO 1.543 17,245 38,119 3,575 7.845 7,845 7,022 14.182 2.803 16.038 16.038 Local mission costs 1.755 7.755 1.75S 7.755 Designated expenses and grfls Revaluation of Buildings Depreciation of equipment WKI fumiture 7,817 584.605 584.605 16,606 16,606 12,158 154,S73 600.643 755.216 149,717 Governance to8ts Unre8trictod Total General Independent examiner fees Examination of the finanual statements 610 610 Total for 2024 610 610 Total for 2023 610 610 P¥1 14
Emmanuel Baptl8t Church Not•• to th• Financlal Statèm•nts for th• Year Endod 31 Dècombor 2024 6 Not Incornlngloutgoing resources Net outgoing resources for the year indude: 2024 2023 Depreciation of fixed assets 16.606 12,158 7 Tt06• romuMratlon and oxponso8 During Ihe year the charity made the following transactions viith trustees.. Rlchard Dochorty Richard Docherty reCVe(l remuneration of £19.920 12023.. £18.4501 and £550 12023.. £8571 of expenses were reimbursed to Richard Dochety during the year. Expense reimbursed were for travel. worship rosources and adrrdnistration. Donations made by the trustees viithout any nditiOnS attached totslled £29.403 for the year12023 £16,293). 8 Staff costs The aggregate payroll costs were as fdltr4A". 2024 2023 Staff costs durlng tho year re: Wages and salaries 47,027 44,103 No employee received emoluments of more than £60.000 during the year 9 Independont examlnerfs remuneratlon 2024 2023 Examinalion of the fintcial statements 610 610 P¥15
Emmanuol Baptist Church Nots8 to tho Financial Statements for th• Yaar Ended 31 D•camber 2024 10 Taxatlon The chanty is a registered charity and is therefore exempt from tax*'on. 11 Tanglble fix•d a8s0ts Land and buildings Furniture and oqulpment Total Cost At 1 January 2024 Additions 1.991.057 203,144 30.050 2,194.201 30,050 Rovaluations 1841.057) <841,057) At 31 December 2024 1.150,000 233,194 1.383.194 Dèpreclallon At 1 January 2024 Charge for the year At 31 December 2024 256,452 185.522 421.974 1256.452) 18,606 182,128 {239.846} 182.128 Net book value At 31 December 2024 1,150,000 51.066 1.201,066 At 31 December 2023 1,734,605 37,622 1.772,227 12 Debtorn 2024 2023 Trade debtors 1153 Prepaymentg Other debtors 5.775 10.953 17,375 5,211 5,545 11.909 13 Cash and Cash oqulvalenl• 2024 2023 Cash at bank 85,295 86.854 Paje 16
Emmanuel Baptlst Church Not• to tho Flnanclal Statsments fortho Year Ended 31 Decambor 2024 14 Credltors: amounts falllng due wlthln one year 2024 2023 Other taxation and social secunty Other creditors 500 739 610 290 3.250 1,849 3.986 15 Fund• Bal•n¢• •t Balance at 1 January 2024 31 t>•cember Incoming RO8OUfce# f08ources •XPonded Transfgrn 2024 Unreslrfctod fund• Genernl Gèneral Funds 792,395 163,391 {122.479) (16,835) 816,472 Restrlctsd funds World Mission 3.513 (15.698) 1584,605) (1.626) (224) 16.835 4.650 Eva 1,060,671 1,611 476,068 Agape Dalton Bible Fund 2.374 2,359 2,340 Building Fund Victoria Avenue 6.250 7,500 (13,750) Total rtrIcted fund8 1.074.609 9.874 (615.903) 485,415 Total fund• 1,867,004 173,265 (738.382) 1.301,887 P3e 17
Emmanuol Bapt18t Church Not•s to th• Flnanclal Ststsments forth• Y•ar End•d 31 December 2024 15 Fund• 8•lance at 31 December 2023 B¥l•n¢o •t 1 January 2023 Incomlng ReJource• Tran•f¢r4 Unre$trlcted furKI• Genernl General Funds 769.292 171,760 1132,221) (16.436) 792,395 Restrlcted fundg Wortd Mission 1.259 1,060.671 999 {14.182) 16,436 3,513 1,060.671 1,611 Eva Agape Camera Equipment Fund Dallon Bible Fund 1.305 1693) (1.5001 {1,0961 1.500 3,660 2.564 Building Fund Victoria Avenue 6.250 6.250 Ukraine Fund 25 1251 Total rèatrlcted fun 1.074,339 1,330 117,4961 1.074,609 Total fund• 1,843.631 173,090 1149.717) 1.867,004 Page 18
Emmanu•l Baptl8t Church Nots• to the Flnanclal Statements for tho Year End 31 Doc•mbar 2024 The $pe¢ifr purpow& for which the funds are to be applied are as folk).. The World Mission Fund is a fund to help promote the beliefs of the Church, both individually and ollectivety into other communities. Eva Project Fund is a fund which was dedtsted to the redevelow+ent of the Church's property in Victoria Avenue. Up until 2019. the fund was being reduced annually by the depreciatM)n charge on the building, this year, that policy has changed and the value will remain as a restricted fund. The Agape fund is distribLrt8d at the Church's dmretion for peopl8 in need and deserving causes. Building Fund - this is monies set aside for any major repairs to the main church buikling. as detemiined by the leadership. Ukraine Fund - these are monies gNen or raised by members for the relief of Ukrainian fUgeeS now resKling in the l¢xal area. Note that this fund was established at the start of the Ukraine crisis, and dissofved once another local charty was established. wrlh all fijnds being forwarded to this charty. 19
Emmanu•l Baptlst Church Not•8 to th• Financlal Statsmants for the Year End•d 31 D•c•mbor 2024 16 Analysls of not ats betOn funds Unrostrlcted fijnds Genernl Total fvnd$ at 31 Dgcembor 2024 R88tr1ctad funds Tangible fixed asset5 Current assets 725.000 476.066 1.201,066 93.321 11.8491 9,349 102.670 (1,8491 Current liabilitr'es Total net assets 816.472 485,415 1.301,887 UnrgsiTlc*d funds Genornl Total funds at R•8trlctod 31 D8combgr funds 2023 Tangible fixed assets Current assets 711,556 1.060,671 13.938 1.772,227 98.763 {3,9861 84.825 Current liabilities 13,986) Total net assets 792.395 1,074,609 1.867,004 P¥20