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2021-12-31-accounts

Page 1

EMMANUEL CHURCH, SALISBURY

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

The trustees have pleasure in presenting their report and the Financial Statements of the Church for the year ended 31 December 2021.

Reference and Administrative Details

The Church is a registered Charity, registration no. 1134317. The charity’s address is: Emmanuel Church, 8 Wilton Road, Salisbury, SP2 7EE.

The charity trustees for the purpose of these accounts comprise the Elders and Deacons of the Church. The Elders and Deacons during the year were as follows:

Rev M H Watts (Pastor until 28/2/21) Rev S J Green (until 28/2/21) Mr D Roberts (until 28/1/21) Mr S Storey Mr P E Thick Mr T Gahan (until 11/2/21) Mr P D Bravery Mr J S G Hollick Mr K Grewcock Mr P R Pike Mr C J McDonald Mr A P Woodger Mr R J Ward (Treasurer)

Structure, Governance and Management

The Church is governed by its Constitution. The Elders and Deacons are elected by the Church Meeting, and are responsible for leadership of the church. The Elders and Deacons meet regularly to effect proper control of all arrangements for the running of the church.

Objectives and Activities

The principal object of the Charity is the advancement of the Christian faith, the glory of God, the nurture of God’s professing people and the benefit of the public, according to Evangelical, Reformed and Baptistic principles and in accordance with the Church’s statement of faith contained in the Church Constitution.

Achievements and Performance

The Church’s main work is carried out through its Lord’s Day services and youth classes, mid-week meetings for Bible study and prayer, and evangelistic outreach.

The retirement of Rev. M H Watts at the end of February and the departure of Rev S J Green left the church without consecutive ministry, but we are grateful for the support of other gospel ministers who have provided God-honouring ministry throughout the year. As Covid-19 restrictions eased it has been possible to restart youth meetings, with encouraging attendance.

Page 2 Public Benefit In carying out its a￿1VItieS in the year under review, the trustees have had regard to the public benefit guidance issued by the Chariry Commission, and are satisfied that the activities mentioned above have all been for the public benefit. Financial Review Over the year there was a significant reduction In stipend expenditure which was only partially offset by increased payments made to visiting PTeachers and to the Church's soliators for legal work undertaken. The church also received a legacy of £13,700 to which restrictions apply. Overall, receipts exC￿ded payments by nearly £33,500 (2020: deficit £4,500). The tsustees consider the state of affairs of the charity to be satisfactory. On behalf of the Elde￿ & Deacons Trustee Trnstee Date: 15 m￿[h 2022

Page 3

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF EMMANUEL CHURCH, SALISBURY

I report on the accounts of the Church for the year ended 31 December 2021, which are set out on pages 4 to 7.

Respective responsibilities of trustees and independent examiner

The church's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 44(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

David Cooke MA (Oxon) FCA FCIE David Cooke and Co. Chartered Accountants 5 Briar Close, Banbury, Oxon. OX16 9DS

Date: 15 March 2022

Page 4

EMMANUEL CHURCH, SALISBURY

Charity number 1134317

Accounts for the year ending 31 December 2021

RECEIPTS AND PAYMENTS ACCOUNT

Receipts
Note
Voluntary
2
Other
3
Total receipts
Payments
Cost of Generating Funds
4
Charitable Activities
5
Loan repayment
Total payments
Net of receipts/(payments)
Transfers between funds
Cash funds last year end
Cash funds this year end
Unrestricted
Restricted
2021
Funds
Funds
Total
£
£
£
102,134
14,186
116,320
1,611
14,604
16,215
103,745
28,790
132,534
143
-
143
90,391
3,539
93,931
-
5,000
5,000
90,535
8,539
99,074
Unrestricted
Restricted
2020
Funds
Funds
Total
£
£
£
115,393
1,887
117,280
1,320
13,155
14,475
116,713
15,042
131,755
97
-
97
126,858
4,272
131,130
-
5,000
5,000
126,955
9,272
136,227
13,210
20,251
33,461
-
-
-
61,819
12,626
74,445
75,029
32,877
107,906
(10,242)
5,770
(4,472)
19,900
(19,900)
-
52,161
26,756
78,917
61,819
12,626
74,445

The notes on pages 5 to 7 form part of these financial statements.

Page 5

EMMANUEL CHURCH, SALISBURY

STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2021

2021
Unrestricted
Restricted
Funds
Funds
Total
Cash funds
£
£
£
CAF Bank
42,687
23,947
Kingdom Bank
32,342
8,930
41,272
Total
75,029
32,877
107,906
Other monetary assets
3,494
Debtors
3,415
79
Fund to which
2021
asset belongs
value
Assets retained for the charity’s own use
£
Freehold Property
Unrestricted
1,250,000
Fund to which Amount
Liabilities
liability
relates
due
25,000
Particular Baptist Fund Loan
Restricted
66,634
2020
Unrestricted
Restricted
2020
Funds
Funds
Total
£
£
£
29,612
3,696
33,308
32,207
8,930
41,137
61,819
12,626
74,445
7,359
118
7,477

Signed by two trustees on behalf of all the trustees

Signature Print name
Date of approval
Print name
Date of approval
Richard Ward 15/03/22
~~Stephen Paul Storey~~ ~~15/03/22~~

Page 6

EMMANUEL CHURCH, SALISBURY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. Voluntary receipts
Offerings
Legacy and memorial
Gift Aided Donations
Gift Aid Tax recovered
3. Other receipts
Crime compensation
Bank interest
Youth ministry
“Messenger”
Audio & book sales
Rent
Vehicle
Miscellaneous
4. Costs of Generating Funds
Advertising & Publicity
5. Charitable Activities
Employment costs (see note 7)
Other ministry
Youth work
Buildings
Grove House
Utilities & insurance
Conferences
Mission (note 6)
Gifts and grants
“Messenger”
Refreshments
Bookstall & Audio costs
Office costs
Accountancy, legal and other fees
Bank account charges
Unrestricted
Restricted
2021
Funds
Funds
Total
£
£
£
26,482
26,482
-
-
13,709
13,709
56,184
302
56,486
19,468
174
19,642
102,134
14,186
116,320
9
9
-
134
-
134
80
-
80
145
-
145
65
-
65
-
14,604
14,604
500
-
500
677
-
677
1,611
14,604
16,215
Unrestricted
Restricted
2020
Funds
Funds
Total
£
£
£
27,049
1,627
28,676
350
-
350
72,647
222
72,869
15,348
38
15,385
115,393
1,887
117,280
330
-
330
303
130
433
242
-
242
60
-
60
384
-
384
-
13,025
13,025
-
-
-
-
-
-
1,320
13,155
14,475
143
-
143
16,327
16,327
-
9,514
-
9,514
3,939
3,075
7,013
21,285
190
21,475
-
168
168
9,915
107
10,022
-
-
-
9,252
-
9,252
4,873
-
4,873
775
-
775
-
-
-
950
-
950
2,065
-
2,065
11,394
-
11,394
102
-
102
90,391
3,539
93,931
97
-
97
73,207
-
73,207
3,446
-
3,446
15,195
100
15,295
10,869
-
10,869
-
2,572
2,572
8,817
-
8,817
147
-
147
6,312
-
6,312
3,200
1,600
4,800
1,125
-
1,125
188
-
188
1,267
-
1,267
2,399
-
2,399
626
-
626
60
-
60
126,858
4,272
131,130

Page 7

EMMANUEL CHURCH, SALISBURY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021 (Continued)

6. Mission
Trinitarian Bible Society
International Mission to Jewish
People
Cyprus, Swansons
Middle East Reformed Fellowship
Churches in UK
Farsi
Unrestricted
Restricted
2021
Funds
Funds
Total
£
£
£
1,963
-
1,963
1,963
-
1,963
1,963
-
1,963
1,963
-
1,963
600
-
600
800
-
800
9,252
-
9,252
Unrestricted
Restricted
2020
Funds
Funds
Total
£
£
£
1428
-
1,428
1428
-
1,428
1428
-
1,428
1428
-
1,428
600
-
600
-
6,312
-
6,312

7. Employee information

No employee received remuneration in excess of £50,000

A total of £12,187 was paid to two trustees for two months’ work as pastors of the church.

8. Cash Funds
2021
Unrestricted
Restricted
Grove House Project
Youth Legacy
Total Restricted
Total Cash Funds
Brought
forward
61,819
12,626
-
12,626
74,445
Receipts
Payments
Transfers
Fund balances
carried forward
103,745
90,535
-
75,029
5,465
15,080
-
22,241
13,710
3,074
-
10,636
28,790
8,539
-
32,877
132,535
99,074
107,906