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 Ma￿h 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 I￿0 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_**| |---|---|---|