Charity number 1134317
EMMANUEL CHURCH, SALISBURY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Contents:
Page 1 – 2 Trustees’ Report Page 3 Independent Examiner’s Report Page 4 Receipts & Payments Account Page 5 Statement of Assets and Liabilities Page 6 – 8 Notes to the Accounts
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 2024, 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:
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Examine the accounts under section 145 of the 2011 Act;
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To follow the procedures laid down in the General Directions given by the Charity Commissioners under
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section 145 (5) (b) of the 2011 Act; and
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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 –
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts
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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: 6 May 2025
Page 4
EMMANUEL CHURCH, SALISBURY
Charity number 1134317
Accounts for the year ending 31 December 2024
RECEIPTS AND PAYMENTS ACCOUNT
| Note Receipts Voluntary 2 Other 3 Total receipts Payments Charitable Activities 4 Loan repayment Total payments Net of receipts/(payments) Transfers between funds Cash funds last year end Cash funds this year end |
Unrestricted Restricted 2024 Funds Funds Total £ £ £ 135,499 11,750 147,249 41,681 - 41,681 177,180 11,750 188,930 156,218 13,388 169,606 5,000 - 5,000 161,218 13,388 174,606 15,963 1,638 - 14,324 - - - 87,999 7,245 95,243 103,962 5,606 109,568 |
Unrestricted Restricted 2023 Funds Funds Total £ £ £ 116,905 700 117,605 33,168 - 33,168 |
|---|---|---|
| 150,073 700 150,773 |
||
| 129,367 2,481 131,847 5,000.00 - 5,000 |
||
| 134,367 2,481 136,847 |
||
| 15,706 1,781 - 13,925 - - - 72,293 9,025 81,318 |
||
| 87,999 7,245 95,243 |
The notes on pages 6 to 8 form part of these financial statements.
| STATEMENTOF ASSETSAND LIABIL | ITIES AT 31 | DECEMBER | 2024 | ||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | ||||||
| Unrestricted Funds f |
Restricted Funds ff, |
2024 Total |
Unrestricted Funds t |
Restricted Funds e |
2023 Total c |
||
| Cashfunds | |||||||
| CAF Bank Kingdom Bank Co-OperativeBank Total |
50,274 53,687 103.961 |
3,000 2,606 5.606 |
s3,274 56,293 109.567 |
48,g4; | 3,od | 51,e4; |
|
| Othermonetary assets | |||||||
| Debtors | 13,692 | 13,692 | 5,441 | 5,441 | |||
| Fund towhich | 2024 | ||||||
| asset belongs | value | ||||||
| Assets retained for the charity'sown | use | € | |||||
| Freehold Property | Unrestricted | 1,250,000 | |||||
| Minibuses | Unrestricted | 12,042 | |||||
| Fund to which | Amount | ||||||
| liability relates | due | ||||||
| Liabilities | |||||||
| ParticularBaptist Fund Loan | Unrestricted | 10,000 | |||||
| Creditors duewithinone month | Unrestricted |
| gnedbytwo trusteeson | behalf of all thetrustees | |
|---|---|---|
| Signature | Print name | Date of approval |
| ,{6,#- | ":renf*.Zi<r.trBC,SZc.^l | 6 May2025 |
| o.(. | €op+uT+nucu*1 | 6May2425 |
Page 6
EMMANUEL CHURCH, SALISBURY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
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 2024
| 2. Voluntary receipts Offerings Gift Aided Donations Gift Aid Tax recovered 3. Other receipts Bank interest Youth ministry “Messenger” Audio & book sales Conference Rent Miscellaneous 4. Charitable Activities Employment costs (see note 6) Other ministry Youth work Buildings & Equipment Utilities & insurance Mission (note 5) Gifts and grants (note 8) Conference “Messenger” Website Refreshments Bookstall & Audio costs Office costs Subscriptions Software costs Independent Examination Bank account charges |
Unrestricted Restricted 2024 Funds Funds Total £ £ £ 42,778 11,750 54,528 82,468 - 82,468 10,253 - 10,253 135,499 11,750 147,249 1,329 - 1,329 165 - 165 64 - 64 40 - - 325 - 325 39,659 - 39,659 99 - 99 41,681 - 41,681 59,569 - 59,569 3,962 - 3,962 4,969 1,638 6,607 57,417 - 57,417 10,391 - 10,391 10,538 - 10,538 103 11,750 11,853 2,897 - 2,897 599 - 599 374 - 374 1,036 - 1,036 1,805 - 1,805 1,141 - 1,141 542 - 542 379 - 379 495 - 495 - - - 156,218 13,388 169,606 |
Unrestricted Restricted 2023 Funds Funds Total £ £ £ 31,570 700 32,270 70,753 - 70,753 14,582 - 14,582 |
|---|---|---|
| 116,905 700 117,605 |
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| 1,191 - 1,191 615 - 615 225 - 225 - - - 908 - 908 29,792 - 29,792 437 - 437 |
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| 33,168 - 33,168 |
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| 54,361 - 54,361 3,016 - 3,016 5,553 1,781 7,333 33,973 - 33,973 11,531 - 11,531 13,630 - 13,630 550 700 1,250 825 - 825 697 - 697 92 - 92 665 - 665 1,334 - 1,334 1,832 - 1,832 425 - 425 358 - 358 495 - 495 30 - 30 |
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| 129,367 2,481 131,847 |
Page 8
EMMANUEL CHURCH, SALISBURY
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (Continued)
| 5. Mission Trinitarian Bible Society International Mission to Jewish People Cyprus, Swansons Middle East Reformed Fellowship FAME FGEA Turkey earthquake Churches in UK Farsi 6. Employment costs Gross salaries Employers NIC Pension costs Pastor's expenses Manse rent Manse council tax |
Unrestricted Restricted 2024 Funds Funds Total £ £ £ 2,020 - 2,020 2,020 - 2,020 2,020 - 2,020 2,020 - 2,020 558 - 558 1,000 - 1,000 - - - 500 - 500 400 - 400 10,538 - 10,538 37,418 - 37,418 - - - 315 - 315 1,528 - 1,528 18,000 - 18,000 2,308 - 2,308 59,569 - 59,569 |
Unrestricted Restricted 2023 Funds Funds Total £ £ £ 2,790 - 2,790 2,780 - 2,780 2,780 - 2,780 2,780 - 2,780 - - - - - - 1,000 - 1,000 900 - 900 600 - 600 |
|---|---|---|
| 13,630 - 13,630 |
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| 32,466 - 32,466 - - - 405 - 405 1,167 - 1,167 18,000 - 18,000 2,323 - 2,323 |
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| 54,361 - - 54,361 |
No employee received remuneration in excess of £60,000. £30,708 was paid to a trustee for his work as pastor of the church. [£28,336 in 2023.]
7. Cash Funds
| 7. Cash Funds 2024 Unrestricted Restricted: Donations to be forwarded Youth Legacy Total Cash Funds |
Brought Receipts Payments Transfers Fund balances forward carried forward 87,999 177,180 161,218 - 103,961 - 11,750 11,750 - 7,244 - 1,638 - 5,606 95,243 188,930 174,606 - 109,567 |
|---|---|
8. Gifts
Several church members desired to make anonymous gifts to one of the trustees, to help him move into a house suitable for his family. The gifts transferred to him through the forwarding fund totalled £10,450.