2023-08-31-accounts - Emmanuel Church London

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		Unrestricted	Designated	Restricted	TOTAL	TOTAL
	Notes	Funds	Funds	Funds	2022/23	2021/22
		£	£	£	£	£
Income
Donationsandlegacies	2a	305,019		80,691	385,710	354,290
InvestmentIncome	2b	294	465	611	1,370	37
Incomefromcharitableactivities	2c	17,322			17,322	7,221
OtherIncome	2d	869			869	7,180
Totalincome		323,504	465	81,302	405,271	368,728
Expenditure
Expenditureoncharitableactivities	3a	299,631	1,853	13,304	314,788	353,487
TotalExpenditure		299,631	1,853	13,304	314,788	353,487
Netincome/expenditurebefore		23,873	(1,388)	67,998	90,483	15,241
investmentgains/(losses)
Netgains/(losses)oninvestments
Netincome/(expenditure)		23,873	(1,388)	67,998	90,483	15,241
Transfersbetweenfunds	9	14		(14)
Netmovementinfunds		23,887	(1,388)	67,984	90,483	15,241
Reconciliationoffunds:
TotalFundsBroughtForward		103,217	113,587	116,224	333,028	317,787
TotalFundsCarriedForward		127,104	112,199	184,208	423,511	333,028

		Unrestricted	Designated	Restricted	31.8.23	31.8.22
		Funds	Funds	Funds	Total	Total
	Note	£	£	£	£	£
FixedAssets:
Tangibleassets	4		3,708		3,708	3,643
CurrentAssets:
Debtors	5	8,808	-	1,567	10,375	6,714
Cashatbankandinhand		123,187	108,491	182,641	414,319	327,868
TotalCurrentAssets		131,995	108,491	184,208	424,694	334,582
Creditors:amountsfallingduewithinoneyear	6	(4,891)			(4,891)	(5,197)
NETCURRENTASSETS		127,104	108,491	184,208	419,803	329,385
TOTALASSETSlesscurrentliabilities		127,104	112,199	184,208	423,511	333,028
Creditors:amountsfallingdueinmorethan
oneyear	7
NETASSETS		127,104	112,199	184,208	423,511	333,028
FundsoftheCharity
GeneralFunds		127,104			127,104	103,217
DesignatedFunds	8		112,199		112,199	113,587
RestrictedFunds	9			184,208	184,208	116,224
TotalFunds		127,104	112,199	184,208	423,511	333,028


2.INCOME	Unrestricted	Designated	Restricted	TOTAL	TOTAL
	Funds	Funds	Funds	2022/23	2021/22
	£	£	£	£	£
a) Donationsandlegacies
Gifts&donations	255,169		65,151	320,320	291,391
GiftAidtaxrecoverable	49,850		15,540	65,390	62,899
	305,019	-	80,691	385,710	354,290
b) Investmentincome
BankInterest	294	465	611	1,370	37
	294	465	611	1,370	37
c) Incomefromcharitableactivities
EventandActivityIncome	17,322			17,322	7,221
	17,322			17,322	7,221
d) OtherIncome
SundryIncome	869		-	869	7,180
	869			869	7,180

3.EXPENDITURE
		Unrestricted	Designated	Restricted	TOTAL	TOTAL
		Funds	Funds	Funds	2022/23	2021/22
	Notes	£	£	£	£	£
a)Expenditureoncharitableactivities
Directcharitablecosts
Salaries,travelandexpenses	10	186,740			186,740	188,116
Venuehire		48,679	-		48,679	49,521
Depreciationexpense		3,643	1,853		5,496	3,643
Books,equipment&resources			-
Consultancy&professionalfees					-	-
Developmentcosts					-	-
Othermeetingcosts		5,080	-		5,080	4,350
Evangelismandactivities		29,693			29,693	32,939
Conferences,trainingandtravel		10,862	-		10,862	9,451
Miscellaneousexpenses					-	-
Charitablegiving		2,658	-	11,754	14,412	30,112
Grantspayable	a)i)	3,000		550	3,550	26,480
Supportcosts					-
Governancecosts	a)ii)	1,350	-		1,350	1,590
OfficeandAdministrationcosts		7,926	-		7,926	7,286
LegalandProfessionalfees				1,000	1,000	-
		299,631	1,853	13,304	314,788	353,488
a)i)Analysisofgrantspayable
			Institutions	Individuals	2022/23	2021/22
					`£`	`£`
Missionsupport
Institutions-ClarendonTrust						22,880
Reliefofpovertyandneed
Institutions-GreenwichFoodbank			550		550	600
Individuals				3,000	3,000	3,000
Socialactiongrants
			550	3,000	3,550	26,480

	2022/23	2021/22
a)ii)Analysisofgovernancecosts	`£`	`£`
Independentexaminer'sfeesforreportingontheaccounts	1,320	1,590
Othergovernancecosts
	1,320	1,590

	2022/23	2021/22
	£	£
Salaries,travelandexpenses
GrossWagesandSalaries	165,075	168,518
EmployersNationalInsurance	10,072	9,624
EmployersPension	12,663	12,987
SMPRecovered	(1,070)	(3,013)
	186,740	188,116
Venuehire
RentandRoomHire	48,679	49,521
Evangelismandactivities
AlphaandEvents	15,329	13,471
Pastoral,Preaching&TrainingResources	2,387	1,716
SocialActionExpenditure	-	11,495
Youth	11,977	6,257
	29,693	32,939
Charitablegiving
CommunityFund	9,354	3,342
Offerings	373	23,785
GiftsandServerThankYou's	2,157	1,985
CAP	2,400	1,000
	14,284	30,112
OfficeandAdministrationcosts
MediaandComputerSoftware	4,067	3,741
BankandCardCharges	164	211
DBS	282	408
Insurance	1,647	917
PayrollandOtherFees	1,246	1,187
TelephoneandWebsite	489	822
	7,895	7,286

4. TANGIBLEFIXEDASSETS
		Equipment	Equipment	Total
		GeneralFunc	FutureFund
		£	£	£
Cost	01-Sep-22	13,360	-	13,360
Additions		-	5,561
Disposals		-	-
Costat	31-Aug-23	13,360	5,561	13,360
Depreciation	01-Sep-22	9,717		9,717
Charge		3,643	1,853	3,643
Disposals		-		-
Depreciationat	31-Aug-23	13,360	1,853	13,360
NetBookValue	31-Aug-23		3,708
NetBookValue	31-Aug-22	3,643		3,643

5. DEBTORSANDPREPAYMENTS
	Unrestricted	Restricted	Total	Total
	Fund	Fund	31,8.23	31.8.22
	£	£	£	£
HMRCGiftAidTaxRecoverable	8,808	1,567	10,375	5,816
Prepayments	-		-	655
RefundsDue	-		-	243
	8,808	1,567	10,375	6,714
6. CASHATBANKANDINHAND
	Unrestricted	Restricted	Total	Total
	Fund	Fund	31.8.23	31.8.22
	£	£	£	£
Currentaccounts	66,934	12,286	79,220	109,054
Depositaccounts	106,924	174,523	281,447	218,814
SoldoPrepaidCard	2,205		2,205	-
	176,063	186,809	362,872	327,868
7. CREDITORSANDACCRUALS:AMOUNTSFALLINGDUEWITHINONEYEAR
	Unrestricted	Restricted	Total	Total
	Fund	Fund	31.8.23	31.8.22
	£	£	£	£
Accruals	1,350		1,350	1,290
TaxandSocialSecurity	3,541		3,541	3,907
	4,891		4,891	5,197

	Balance			Transfer	Balance
	01-Sep-22	Income	Expenditure	Btwfunds	31-Aug-23
	£	£	£	£	£
2022/23
FutureFund	113,587	465	(1,853)		112,199
	113,587	465	(1,853)		112,199
	Balance			Transfer	Balance
	01-Sep-21	Income	Expenditure	Btwfunds	31-Aug-22
	£	£	£	£	£
2021/22
FutureFund	116,866	21	(3,300)		113,587
	116,866	21	(3,300)		113,587

	31-Aug-23	31-Aug-22
	`£`	`£`
FutureFundBankAccount	108,491	113,587
FixedAssets	3,708
	112,199	113,587

Therestrictedfundsareonlyspenton specificpu	rposes.
	Balance			Transfer	Balance
	01-Sep-22	Income	Expenditure	Btwfunds	31-Aug-23
	£	£	£	£	£
2022/23
BuildingFund	105,881	72,042	(3,400)	-	174,523
CommunityFundOffering	9,991	9,260	(9,904)	359	9,706
ZimbabweOffering	352	-		(373)	(21)
	116,224	81,302	(13,304)	(14)	184,208
	Balance			Transfer	Balance
	01-Sep-21	Income	Expenditure	Btwfunds	31-Aug-22
	£	£	£	£	£
2021/22
BuildingFund	48,735	67,728	(11,000)	418	105,881
ChristmasCommunityFund	5,533	-	(5,342)	5,342	5,533
CommunityFundOffering	9,209	5,342	(4,772)	(5,321)	4,458
ZimbabweOffering	352	-			352
	63,829	73,070	(21,114)	439	116,224

Therestrictedfundsarerep	resentedby:
	31-Aug-23	31-Aug-22
	`£`	`£`
BuildingAccount	172,956	105,227
BuildFundGiftAidDebtor	1,567	654
CommunityAccount	9,685	10,343
	184,208	116,224

	2022/23	2021/22
	`£`	`£`
GrossWagesandSalaries(inclSMP)	165,075	168,517
Employer'sNationalInsuranceCosts(netofannualallowance)	10,072	9,625
Employer'sPensionCosts	12,663	12,987
SMPrecovered	(1,070)	(3,013)
	186,740	188,116

			2022/23		2021/22
PaymentstoTrustees
Nonepaid		`£`		`£`
TheTrusteesdiscussedandagreeditwasappropriatetofundasmallthankyougiftasaretiringpresent		forTrusteeTGlass,who
wassteppingdownfromtheirroleasChairofTrustees.Theamountpaidforthepresentwas£114.44.
PaymentstoRelatedParties
KathrynSales(spouseofTrusteeTimSales)	AnnualSalaryforroleasExecutiveAssistant	£	1,521	£	6,140
(employeduntilDecember2022)	EmployerPensionContributions	£	130	£	522

	2022	2022	Difference
	asrestated	asfiled
	£	£	£
CharitableGiving	30,112	33,683	(3,571)
Conferences,TrainingandTravel	9,451	5,880	3,571
	39,563	39,563

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

I report to the trustees on my examination of the accounts of Emmanuel Church London for the year ended 31st August 2023.

Responsibilties and basis of report

As the charity’s trustees (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the charity are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow Member of the Association of Charity Independent Examiners. I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that in any material respect:

accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
the accounts do not accord with such records; or
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006
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; or
the accounts have not been prepared in accordance with the Charities SORP (FRS102).

In carrying out my examination, I noted a minor lapse in the recording of expenditure on a pre-paid company card system that the charity implemented in April 2023 into the underlying records. The underlying bookkeeping software did not fully reflect the nature of each transaction, although it was possible to see the nature of each transaction from the third party statement issued by the card supplier, and the charity was able to provide the Examiner with details of the nature of each transaction, this was not transferred across to the internal charity accounting software at the time of the Examination. The Trustees confirm that the underlying records will be updated, albeit post the balance sheet date. The pre-paid card system unfortunately proved to be an unsuccessful platform for the charity and was terminated in October 2023. Subsequently the Trustees reviewed the expenses and credit card policy and are in the process of implementing a new credit card system which will improve monitoring capability and oversight.

I confirm that I 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.

Signed: FCIE

Date: 9th May 2024

Independent Examiners Ltd Unit 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF