2022-12-31-accounts - Emmanuel Church (Salisbury)

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Charity number 1134317

EMMANUEL CHURCH, SALISBURY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Contents:

Page 1 - 2 Trustees Report Page 3 Independent Examiners Report Page 4 Receipts & Payments Account Page 5 Statement of Assets and Liabilities Page 6 - 8 Notes to the Accounts

Page 1

EMMANUEL CHURCH, SALISBURY

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees have pleasure in presenting their report and the Financial Statements of the Church for the year ended 31 December 2022.

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 J P Thackway (appointed 20[th] July 2022) Mr P E Thick Mr J S G Hollick Mr P R Pike Mr R J Ward (Treasurer)

Mr S Storey Mr P D Bravery (retired 21[st] March 2022) Mr K Grewcock Mr C J McDonald Mr A P Woodger

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.

We are grateful for the arrival of John Thackway as our new Pastor in July. The church continues to be richly blessed under his ministry. We thank our gracious God for him and also for his dear wife, Margaret, and for the way they have been able to settle very well among us. We are also encouraged by new people regularly meeting with us.

Public Benefit

In carrying out its activities in the year under review, the trustees have had regard to the public benefit guidance issued by the Charity Commission, and are satisfied that the activities mentioned above have all been for the public benefit.

Page 2 EMMANUEL CHURCH, SALISBURY TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Icontinuedl Financial Reviow The voluntary income of the charity during the last three months of the year was 269h higher than during the first three months. During the year our newer minibus was stolen and most of the cost of a replacement provKled by our insurance company". the older minibus was replaced later. The nel cost was £ 13.921. The car park al Grove House was extended and levelled al a total cost of £ 31,290. This exhausted the Grove House Project ftjnd and was partialty paid for from the General fvnd. The Grove House Project fund has therefore been Closed. Overall, payments exceeded receipts by Q6,968. after the pur¢hase of the minibuses mentioned above 12021." funds increased by £ 33,0001. The trustees consKler the state of affairs of the charity to be satisfactory. On behalf of the Elders & Deacons J.f. 7 Trustee j 314 14rt6lLA44 Dale. 14 Mah 2023 Ll Trustee RI6HAkp WftRP

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 2022, which are set out on pages 4 to 8.

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:

Examine the accounts under section 145 of the 2011 Act;
To follow the procedures laid down in the General Directions given by the Charity Commissioners under
section 145 (5) (b) of the 2011 Act; and
To state whether particular matters have come to my attention.

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 –

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true 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 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: 14 March 2023

Page 4

EMMANUEL CHURCH, SALISBURY

Charity number 134317

Accounts for the year ending 31 December 2022

RECEIPTS AND PAYMENTS ACCOUNT

Note Receipts Voluntary 2 Other 3 Total receipts Payments Charitable Activities 4 Loan repayment Total payments Net of receipts/(payments) Purchase of fixed assets Transfers between funds Cash funds last year end Cash funds this year end	Unrestricted Restricted 2022 Funds Funds Total £ £ £ 126,339 38 126,377 21,810 7,735 29,545 148,149 7,773 155,922 120,198 30,941 151,139 5,000 - 5,000 125,198 30,941 156,139 22,951 (23,169) (218) 26,759 - 26,759 (3,808) (23,169) (26,977) (1,663) 1,663 - 77,764 30,531 108,295 72,293 9,025 81,318	Unrestricted Restricted 2021 Funds Funds Total £ £ £ 102,523 14,186 116,709 1,611 14,604 16,215 104,134 28,790 132,924 90,535 3,539 94,074 - 5,000 5,000 90,535 8,539 99,074 13,599 20,251 33,850 - - - 13,599 33,850 2,346 (2,346) - 61,819 12,626 74,445 77,764 30,531 108,295

The notes on pages 6 to 8 form part of these financial statements.

P3ge 5 EMMANUEL CHURCH. SAUS8URY STATEMENT OF ASSETS AJID LIABIUTIES AT 31 DECEMBER 2022 2022 Reslriaed FuThJs Unrestiicted Flbnds 2022 Total Unrestricted Restricted Funds Funds 2021 Totsl Cash funds CAF Bank Kingdom Bank Ctroperative Bank Total 19.614 41,544 11,134 72,293 9,25 45,422 32,342 21.602 8,930 67,024 41,272 41,544 11.134 81.318 9.025 77.764 30,532 108,296 Other monetsry assets Debtor5 3.861 3.881 3,415 79 3,494 Fund to which asset belongs 2022 value Ass&ts retained for the charity's own use Freehold Propety Church minibuses Unrestriclgj Unre5trKae(I 1.250,000 20.069 Fund to which Amount abilrty rdates du• Liabilities Particular Baptist Fund Loan Creditors due within one month Unrestricted Unrestrided 20,000 1.161 Signed by I0 trustees on behaK of all the trust Signature Piint namè Date ol approval Jb TFtAcLurt 14 March 2023 ¢10 RI IMlk4 IVAR) 14 March 2023

Page 6

EMMANUEL CHURCH, SALISBURY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. Accounting Policies

The following accounting policies have been used consistently in dealing with items which are considered material in relation to the charity’s financial statements.

(a) Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)”, except that, as a charity with gross income of less than £250,000, the accounts have been prepared on a receipts and payments basis.

(b) Going concern

At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

(c) Incoming Resources

Voluntary receipts represent cash received during the year, including tax repayments received. Other receipts comprise income from various activities such as the youth ministry and book sales, and also rental income and bank interest.

(d) Resources Expended

Charitable Activities Expenditure comprises all expenditure directly related to the Church's objects. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them, including support and governance costs.

(f) Tangible Fixed Assets and Depreciation

The Chapel building is a historic asset. No valuation statement is included in the accounts as significant costs are involved in obtaining such a valuation, which are onerous compared with the additional benefit derived by the users of the accounts in assessing the trustees' stewardship of the assets. The figure shown on the statement of assets and liabilities is the insurance valuation.

Other assets costing over £1,000 are listed in the statement of assets and liabilities at their cost less accumulated depreciation which is charged at 25% on a reducing balance basis.

Page 7

EMMANUEL CHURCH, SALISBURY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

2. Voluntary receipts Offerings Legacy Gift Aided Donations Gift Aid Tax recovered Gifts towards legal costs 3. Other receipts Crime compensation Bank interest Youth ministry “Messenger” Audio & book sales Rent Vehicle Insurance claim and sale Miscellaneous 4. Charitable Activities Employment costs (see note 6) Other ministry Youth work Buildings Grove House Utilities & insurance Mission (note 5) Gifts and grants “Messenger” Website Refreshments Bookstall & Audio costs Office costs Accountancy costs Legal Fees Other professional fees Bank account charges	Unrestricted Restricted 2022 Funds Funds Total £ £ £ 29,178 - 29,178 - - - 60,867 - 60,867 15,804 38 15,842 20,490 - 20,490 126,339 38 126,377 - - - 334 - 334 355 492 847 85 - 85 190 - 190 7,947 6,924 14,872 12,450 - 12,450 449 319 767 21,810 7,735 29,545 46,274 - 46,274 8,487 - 8,487 3,439 2,102 5,541 13,882 - 13,882 - 28,839 28,839 10,474 - 10,474 6,828 - 6,828 285 - 285 906 - 906 138 - 138 1,398 - 1,398 1,201 - 1,201 2,526 - 2,526 942 - 942 22,971 - 22,971 365 - 365 82 - 82 120,198 30,941 151,139	Unrestricted Restricted 2021 Funds Funds Total £ £ £ 26,871 - 26,871 - 13,709 13,709 56,184 302 56,486 19,468 174 19,642 - - - 102,523 14,186 116,709 9 - 9 134 - 134 80 - 80 145 - 145 65 - 65 - 14,604 14,604 500 - 500 677 - 677 1,611 14,604 16,215 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 - 775 143 - 143 - - - 950 - 950 2,065 - 2,065 898 - 898 10,496 - 10,496 - - - 102 - 102 90,535 3,539 94,074

Page 8

EMMANUEL CHURCH, SALISBURY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 (Continued)

5. Mission Trinitarian Bible Society International Mission to Jewish People Cyprus, Swansons Middle East Reformed Fellowship Churches in UK Farsi	Unrestricted Restricted 2022 Funds Funds Total £ £ £ 1,457 - 1,457 1,457 - 1,457 1,457 - 1,457 1,457 - 1,457 600 - 600 400 - 400 6,828 - 6,828	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 - 9,252 - 9,252

6. Employee information

No employee received remuneration in excess of £50,000 £15,289 was paid to a trustee for work as pastor of the church.

7. Cash Funds 2022 Unrestricted Restricted Grove House Project Youth Legacy Total Restricted Total Cash Funds	Brought forward 77,764 19,896 10,636 30,532 108,296	Receipts Payments Transfers Fund balances carried forward 148,149 151,958 (1,663) 72,293 7,281 28,839 1,663 - 492 2,102 - 9,025 7,772 30,941 1,663 *9,025* 155,921 182,899 - *81,318*