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 ap￿1¢able
Directions given by the Charity commis￿on 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 D￿eMber 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 be￿en funds
Net movement in funds
24,077
1589.194>
1565,116}
23,373
Roc0￿11¢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•Iiat￿n 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 stalen￿nts.

Emmanuel Baptlst Church
Not•s to th• Flnanclal Stat•monts for tho Year Ended 31 D•c•m￿r 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 lega￿68 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 receiva￿e. 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 defe￿ed 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 chantal￿e 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 ChU￿h
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 equIp￿ent
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 ConVerti￿e to a known amount of cash and are 8uty.ect to an insignificant
risk of change in value.
Fund #tructurg
unreStri￿ed 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 indiv￿￿a￿S
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 T￿*t06• romuMratlon and oxponso8
During Ihe year the charity made the following transactions viith trustees..
Rlchard Dochorty
Richard Docherty reC￿Ve(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 fin*tcial 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 r￿trIcted fund8
1.074.609
9.874
(615.903)
485,415
Total fund•
1,867,004
173,265
(738.382)
1.301,887
P*3e 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 a￿ts bet￿￿On 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