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2025-12-31-accounts

Emmanuel Church,

Of the Parish of Emmanuel with St. Paul

Plymouth

Annual Report and Unaudited Financial Statements of the Parochial Church Council

For the year ended 31 December

2025

Team Rector: The Rev’d Peter Shaw

PCC Treasurer: Mr. John Phillips

Independent Examiner: Mr. Tony Jopson F.C.A.

Charity number: 1137452

Address: 1 Compton Avenue, Mannamead, Plymouth, PL3 5BZ Website: www.emmanuelplymouth.co.uk

Abbreviations in this document explained

AVA Audio Visual Aids
C of E Church of England
DBS Disclosure and Barring Mandatory checks made on people
Service working with children and vulnerable
adults
FRS Financial Reporting Rules that govern our accounts
Standard reporting procedures
IT Information Technology
PCC Parochial Church Council The Governing Body for Emmanuel
POG Premises Oversight Group
QI Quinquennial Inspection The inspection of church premises
that has to be undertaken every five
years.
SORP Statement of The Charity Commission rules for
Recommended Practice setting out accounts

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The Parish Church of Emmanuel with St Paul, Plymouth

Parochial Church Council Trustees Annual Report 2025

CONTENTS

Page

Administrative Information

P a g e | 3

The Parish Church of Emmanuel with St Paul, Plymouth

Parochial Church Council Trustees Annual Report 2025

The Emmanuel and St. Paul churches are situated in the Mannamead, and Efford areas of Plymouth. The Parish is in the Plymouth City Deanery as part of Plymouth Archdeaconry in the Diocese of Exeter, within the Church of England. The Parish Office address is: Emmanuel Church, 1 Compton Road, Mannamead, Plymouth. PL3 5BZ

The Parochial Church Council (PCC) is a charity registered with the Charity Commission. Its charity number is 1137452. The PCC administers the work at Emmanuel Church. St Paul’s Church has its own PCC reporting separately to the diocese.

PCC members who have served for the year from 1 January 2025 are:

Team Rector: Rev’d Peter Shaw Chairman
Team Vicar: Rev’d Tony Williams absent – long term sick leave
Team Vicar (SSM): Rev’d Robin Brown
Deacon (SSM) Rev’d Bev Cree
Licensed Lay Ministers: Mr Tim Lyddon Vice Chairman
Mrs Pam Edwards
Mrs Pippa Brown
Parish Churchwardens: Mr. Don Nuttall until 11th May 2025
Mrs Linda Wheeler
Mrs Pam Edwards from 11th May 2025
Elected Members: Mr Barrie Bannister-Evans
Mr Mark Bullard
Mrs Jane Bullard
Miss Sally Fletcher
Mrs Kathryn McGuinness
Mrs Sarah Nicholson PCC Secretary
Mr John Phillips PCC Treasurer
Mr Luke Portch from 11th May 2025
Mr Gordon Rose
Miss Leetice Taylor from 11th May 2025
Mrs Ruth Yarwood
Deanery Synod rep. Mrs Carol Springett

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The Parish Church of Emmanuel with St Paul, Plymouth

Parochial Church Council Trustees Annual Report 2025

Structure, Governance and Management

The PCC (Parochial Church Council) has the responsibility of cooperating with the Rector (the Rev’d Peter Shaw, who joined in February 2024), the clergy, and the churchwardens in promoting the whole mission of the Church within the ecclesiastical parish—pastoral, evangelistic, social, and ecumenical. It also oversees the maintenance of the church building at Emmanuel and the adjoining hall. St Paul’s remains a Conventional District within the parish, with its own PCC as a separate legal entity, fully responsible for its affairs, including the maintenance of buildings, financial control, and reporting. The PCC is a body corporate (PCC Powers Measure 1956 and the Church Representation Rules 2022).

PCC Constitution: The method of appointment of PCC members follows the Church Representation Rules. Emmanuel PCC oversees the implementation of the new purpose statement: “A Light for the City.” All church attendees are encouraged to register on the Electoral Roll, which confers eligibility to stand for election to the PCC.

Risk Management (Health and Safety, Disability Discrimination, and Safeguarding): A high priority continues to be given to maintaining a safe environment within the church and grounds. Risks are assessed, stored online, and mitigated with safe practice procedures. Disabled access to the church is facilitated by a ramp and other provisions that ensure that church premises are accessible to staff, the congregation, and visitors. Emmanuel PCC has a nominated Safeguarding Officer, Carol Springett, and adheres to the requirements of safeguarding legislation for children and vulnerable adults. The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to comply with the House of Bishops’ guidance on safeguarding children and vulnerable adults), taking note that this also relates to those projects and programmes the PCC supports locally and overseas as recommended by the Mission Committee.

Objectives and Activities

2025 has been a year of prayerful transition, consolidation, and renewed focus at Emmanuel. During this year the church has sought to listen attentively to the Holy Spirit, to one another, and to the needs of our community, as we have clarified our calling and direction together.

Emmanuel has embraced a renewed vision and set of priorities, placing particular emphasis on growing disciples of Jesus Christ, strengthening pastoral care, and investing intentionally in ministry among children, young people, and young adults. Alongside this, the church has continued to seek the welfare of the city, responding compassionately to local needs while remaining attentive to learning from the global Church and world mission.

Despite challenges arising from staffing changes and organisational restructuring, the church has continued to gather faithfully for worship, prayer, teaching, and fellowship. We give thanks for God’s sustaining grace, for financial stability during a season of change, and for the generosity, resilience, and commitment of the congregation.

Purpose Statement : “ A light to the city”

Values :

Public Benefit: The PCC aligns activities with Charity Commission guidance, advancing religion through prayer, discipleship, pastoral care, missionary outreach, and practical service to the community.

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The Parish Church of Emmanuel with St Paul, Plymouth

Parochial Church Council Trustees Annual Report 2025

Emmanuel Mission Activities

Church Growth and Evangelism

Mission Update

Our overall aim is to enable people to participate in God’s mission by sharing His life with others. At a general level, this happens in daily life with our families and with friends, at work, in the local community and in our wider social responsibilities. Following a year of review, the Mission Committee recommended to the PCC a mission perspective and mission policy in line with Emanuel’s charitable aim of Public Benefit.

In summary the following was recommended and accepted by the PCC:

Mission perspective: Sharing God’s Abundant Life. This resonates with the divine purpose summarised by Jesus himself: ‘I have come that they may have life and have it in abundance’ (John 10:10b). Mission policy: sharing God’s abundant life in four ways:

  1. through the ministry of the church;

  2. with those in care or in education within the local community;

  3. with the people of Plymouth through advocacy and service;

  4. with those of other cultures.

Four grants for 2026 (totalling £6,000), which matched these four aspects, were also agreed by the PCC.

These four aspects are intended to be mutually enriching. In particular, the ‘other cultures’ aspect is a key opportunity for Emmanuel to learn about its own cultural context and its presuppositions about faith and mission. It is hoped that as evangelistic, pastoral and social engagement dimensions of mission enrich each other, a holistic expression of sharing God’s abundant life will emerge as a lived reality within our Plymouth context. There is further work to be done in exploring what this all means in terms of a deeper understanding of the mission of God, and of the social imagination about what the common good looks like in Plymouth.

Following the PCC’s endorsement for the use of legacy money for a Church Army Africa (CAA) project in Nairobi, a significant process of due diligence was carried out on both the project and CAA’s capacity to oversee the work. The conclusion was positive and the update is that there has been a ground-breaking ceremony and that plans for the new Emmanuel Centre have now been finalised.

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The Parish Church of Emmanuel with St Paul, Plymouth

Parochial Church Council Trustees Annual Report 2025

Achievements

Throughout 2025 we give thanks for the many ways in which God has been at work among us, deepening discipleship, strengthening pastoral care, and enabling Emmanuel to serve its community more faithfully. In a year marked by consolidation as well as growth, we have seen clear signs of God’s grace bearing fruit across worship, care, mission, and formation. We recognise these developments not as our own achievements, but as evidence of the faithfulness of God and the work of the Holy Spirit among us. Particular highlights include:

In all of this, we thank God for His presence with us throughout the year and for the quiet, faithful ways in which He has been building His Church. We look ahead with trust and hope, praying that Emmanuel will continue to honour Jesus Christ, grow as a Spirit led community, and serve faithfully as a light to the city.

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The Parish Church of Emmanuel with St Paul, Plymouth

Parochial Church Council Trustees Annual Report 2025

Church Premises

Ongoing Maintenance and Minor Works

Under the chairmanship of Don Nuttall, the Premises Oversight Group (POG) has continually sought to monitor the condition of the church buildings and the Halls throughout the year. A large and varied number of repairs have been completed. This has consumed an immense amount of time and effort by the volunteer members of POG who faithfully carry out their work behind the scenes. In particular we wish to put on record our grateful thanks to Fred Hill who has been heavily involved in almost every piece of work.

Thanks almost entirely to a number of legacies being received, it has also been possible to undertake a large number of Major Works.

Re-ordering Project

In the early months of the year, the 3[rd] and final phase of the re-ordering project was carried out. (Last done in 1990.) The aisles were raised to the level of the pew platforms. The dais was lifted and widened and a disabled access ramp introduced to provide access to the upper level. Works were carried out to upgrade and replace the audio-visual system. The opportunity was taken to replace the carpet throughout most of the sanctuary and the north transept. An air source heat pump was introduced into the south yard, feeding heating pipes which were laid in cement, under the new dais.

Halls Toilets Project

In the summer months, under the leadership of Mark Bullard, the Halls toilets were completely replaced and refurbished. (Last done about 40 years ago) At the same time, the opportunity was taken to upgrade the lighting, decorative finishes, the carpet and the matting in the entrance vestibule.

As part of the desire to become more energy efficient and to reduce the church’s carbon footprint, new LED lighting was installed throughout the Halls and the Church Annexe.

Halls Kitchen Project

In the autumn months, under the leadership of Rev Peter Shaw, the Halls Kitchen was completely replaced. (Last done about 40 years ago.) Regrettably, it was found that the extra equipment made it necessary to introduce a new 3-phase electricity supply into the Halls. Don Nuttall took the lead on this side of things, liaising with National grid and other interested parties and Gordon Rose liaised with EDF. Also, the opportunity was taken to replace some of the wiring in the halls and to install two new distribution boards. This work should stand the church in good stead for many years to come.

We give thanks and praise to God for providing us with the resources and the manpower, indeed everything we needed to carry out this work, within the year.

Contribution of Volunteers

Much of the mission and ministry of the church would be impossible to achieve without the countless hours and energy devoted by many members of our congregation, many of whom exercise their gifts with little recognition. It is, without question, a privilege to be able to thank all those who have given of their time, often sacrificially, in furthering the work of the church across our parish. Activities range from service organisation, church cleaning and decoration, supporting the many events, through to visiting the elderly or infirm and offering pastoral support. To all concerned, very many thanks – you are greatly appreciated.

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The Parish Church of Emmanuel with St Paul, Plymouth

Parochial Church Council Trustees Annual Report 2025

Independent Examiner’s Report

to the Parish Church of Emmanuel with St Paul, Plymouth

This report on the financial statements of the PCC to the year ended 31 December 2025, which are set out in the following pages, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘the Regulations’) and s.145 of the Charities Act 2011 (‘the Act’).

Respective responsibilities of the PCC and the Examiner

As members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of the Regulations and section 144(2) of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.

Basis of this Report

My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and can be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In connection with my examination no matter came to my attention:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Dated:

A P Jopson FCA Tony Jopson & Co Ltd 246 Peverell Park Road, Plymouth, PL3 4QG

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The Parish Church of Emmanuel with St Paul, Plymouth

Financial Statements for the year ended 31 December 2025

Financial Review

Total receipts of ordinary unrestricted funds for Emmanuel Church in 2025 were £302,000. It has been encouraging to see a continued increase in free-will giving by the congregation, which, including gift aid recovered, amounted to £186,000 in 2025, compared with £175,000 in 2024. Overall income in 2025, which includes money raised by hiring the Halls, fees for weddings and funerals, and some special one-off donations, came to £323,000. The larger income of £385,000 in 2024 included part of a large legacy to the church, which is being used as described below.

We are encouraged to have been able to complete a number of major infrastructure projects in 2025 within the church buildings. These were fully paid for by legacy money received in 2023 and 2024, together with some development funds that have been held in our accounts for many years. The projects are described in the premises report above, and the total cost was £260,000. These improvements have greatly enhanced our times of worship, have made our buildings more welcoming to newcomers, and have strengthened our ability to invite people from the local community in to outreach activities by Emmanuel.

The membership and activities of the church at Emmanuel continued to grow during 2025. For operations unrelated to the infrastructure projects, income amounted to £272,000, and expenditure to £267,000, giving a surplus on regular activities for the year of £5,000. We would very much like to employ a youth worker to replace one who left in 2025, and have funds set aside to initiate that post. We also intend to make further enhancements to our buildings when funds allow.

£100,000 has been set aside for a mission project in Nairobi, and is held in the Legacies Fund as shown in section 8 of the notes to the accounts. This money is from the legacy mentioned above, and follows a preference by the donor that some of the legacy be used for overseas mission.

No change has been included for the values of 27 Efford Crescent and Emmanuel Church Halls. As neither of these properties is held for investment purposes, the last valuation is taken as the deemed cost for accounting purposes.

The fixed assets are described in the notes to the financial statements.

Reserves Policy

The current policy, as amended at the September 2024 PCC meeting, is that Emmanuel PCC will hold sufficient unrestricted reserves to maintain running expenditure for at least three months. This policy is currently being achieved.

Going Concern

The financial statements have been prepared on the going concern basis. There are no material uncertainties related to events or conditions that may cast significant doubts upon the PCC’s ability to continue as a going concern.

Approved by the PCC on 26[th] March 2026 and signed on its behalf:

Signed: Signed: Position: Position: Date: Date:

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The Parish Church of Emmanuel with St Paul, Plymouth

Financial Statements for the year ended 31 December 2025

Statement of Financial Activities

Income
Voluntary income
Activities for generating funds
Investment income
Income from charitable activities
Other incoming resources
Total income
Resources used
Cost of generating funds
Charitable activities
Total expenditure		 Unrestricted
Restricted
Total Funds
Funds
Funds
2025
2024
£
£
£
£
238,641
19,918
258,559
320,730
32,631
-
32,631
38,196
8,641
470
9,111
12,833
22,483
-
22,483
12,235
28
-
28
1,334
302,424
20,388
322,812
385,328
1,970
-
1,970
1,262
493,024
14,423
507,447
219,896
494,994
14,423
509,417
221,158
Net income / (expenditure) resources
before transfer		 (192,570)
5,965
(186,605)
164,170
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 123,198
-
123,198
135,163
(111,400)
(11,798)
(123,198)
(135,163)
-
-
-
-
(180,772)
(5,833)
(186,605)
164,170
857,100
28,777
885,877
721,707
676,328
22,944
699,272
885,877

Notes 2 and 3 on the following pages provide further detail on income and expenditure.

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The Parish Church of Emmanuel with St Paul, Plymouth

Financial Statements for the year ended 31 December 2025

Balance Sheet

Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Liabilities
Creditors: Amounts falling due in one year
Net current assets less current liabilities
Total assets less current liabilities
Total net assets
Parish funds
Unrestricted
General fund
Total Designated Funds
Restricted
Total Restricted Funds		 Unrestricted
Restricted
Total Funds
Funds
Funds
2025
2024
£
£
£
£
302,211
-
302,211
281,390
302,211
-
302,211
281,390
9,273
-
9,273
13,427
375,512
24,227
399,739
595,026
384,785
24,227
409,012
608,453
10,668
1,283
11,951
3,966
374,117
22,944
397,061
604,487
676,328
22,944
699,272
885,877
676,328
22,944
699,272
885,877
407,026
-
407,026
388,138
269,302
-
269,302
468,962
-
22,944
22,944
28,777
676,328
22,944
699,272
885,877

Approved by the PCC on 26[th] March 2026 and signed on its behalf:

Signed: Signed: Position: Position: Date: Date:

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The Parish Church of Emmanuel with St Paul, Plymouth

Notes on the Financial Statements for the year ended 31 December 2025

1. ACCOUNTING POLICIES

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP (FRS102).

The financial statements have been prepared under the historical cost convention, except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

Funds

Endowment funds are funds, the capital of which must be maintained; but no such funds are held by the PCC.

Restricted funds represent (a) income from trusts which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. Where there is no separate investment, interest received on restricted funds is apportioned to those funds.

Unrestricted funds are general funds which can be used by the PCC for ordinary purposes.

Designated funds are general funds which have been designated by the PCC for a specific purpose. A change to this purpose is in the purview of the PCC.

Details of the funds controlled by the PCC in addition to the unrestricted general fund can be found at note 8 to these accounts.

Incoming Resources

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable interest is accrued. All other income is recognised when it is receivable.

Income resources are accounted for gross.

Resources Expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Other expenditure is generally recognised when it is incurred and is accounted for gross.

Fixed Assets

Consecrated and benefice property is not included in the accounts in accordance with s.96(2) (a) of the Charities Act 1993.

Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at a reasonable time). For anything acquired prior to 2004 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently, expenditure on individual items costing up to £2,000 has been written off when incurred.

No cost information is available for either 27 Efford Crescent or Emmanuel Church Hall which have been included at their 31 December 2008 revaluations. These assets are shown at values equivalent to those revaluations. As neither property is held for investment purposes the Trustees have decided not to revalue them but to keep them in the balance sheet at the 2008 valuation.

Tangible fixed assets costing more than £2,000 are capitalised and valued at cost including any incidental costs of acquisition. Equipment used within the church premises is depreciated on a straight-line basis over three years. Fixtures and fittings in the church premises are depreciated over ten years. Buildings work is not capitalised. A full year’s depreciation is charged in the year of purchase.

Investments are valued at market value at 31 December.

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The Parish Church of Emmanuel with St Paul, Plymouth

Notes on the Financial Statements for the year ended 31 December 2025

2. INCOMING RESOURCES

Voluntary income
Bank Orders
Envelopes
Gift aid recovered
Open plate collections at services
Sundry donations, legacies
Grants
Activities for generating funds
Fundraising
Church Hall and other property
income
Investment income
Interest and dividends
Incoming resources from charitable
activities
Parish magazine advertising, sale
of books, Bible notes and
magazine
Fees for weddings and funerals
Activities and Holiday Club
Other incoming resources
Total incoming resources		 General
Designated
Restricted
TOTAL FUNDS
Fund
Funds
Funds
2025
2024
£
£
£
£
£
136,794
-
-
136,794
125,280
2,960
-
-
2,960
4,835
36,311
3,222
-
39,533
37,168
8,234
-
-
8,234
7,676
7,195
26,871
9,918
43,984
145,004
3,750
13,304
10,000
27,054
767
195,244
43,397
19,918
258,559
320,730
10,172
-
-
10,172
13,627
8,485
13,974
-
22,459
24,569
18,657
13,974
-
32,631
38,196
8,641
-
470
9,111
12,833
161
-
-
161
170
3,212
-
-
3,212
4,397
19,110
-
-
19,110
7,668
22,483
-
-
22,483
12,235
28
-
-
28
1,334
245,053
57,371
20,388
322,812
385,328

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The Parish Church of Emmanuel with St Paul, Plymouth

Notes on the Financial Statements for the year ended 31 December 2025

3. RESOURCES EXPENDED

Cost of generating funds
Charitable activities
Missionary and charitable giving
Ministry:
Diocesan parish share
Clergy and staff expenses
Materials for ministry (homegroup
etc)
Church running expenses:
Insurance
Electric and gas
Repairs and supplies inc IT & AVA
Major projects
New building work
Church Halls running costs:
Insurance and caretaking
Fuel, water and waste
Repairs and supplies
Music and organ expenses
Leaders training
Youth and children's work
Parish administration:
Salary, photocopier, licences and
other office expenses
Other expenditure
Professional fees and DBS checks
Total resources used		 General
Designated
Restricted
TOTAL FUNDS
Fund
Funds
Funds
2025
2024
£
£
£
£
£
1,970
-
-
1,970
1,262
2,102
5,316
-
7,418
15,633
92,808
-
-
92,808
92,681
1,136
-
-
1,136
1,022
20,023
-
-
20,023
6,734
7,828
-
7,828
7,612
10,152
-
-
10,152
11,218
5,374
17,200
89
22,663
16,470
-
35,608
625
36,233
9,389
-
187,141
13,638
200,779
60
-
1,433
-
1,433
1,515
-
4,698
-
4,698
4,760
-
11,438
-
11,438
6,887
147
-
-
147
1,263
6,709
-
-
6,709
3,198
36,722
-
-
36,722
16,974
37,967
128
-
38,095
20,043
3,156
5,266
71
8,493
3,845
672
-
-
672
592
224,796
268,228
14,423
507,447
219,896
226,766
268,228
14,423
509,417
221,158

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The Parish Church of Emmanuel with St Paul, Plymouth

Notes on the Financial Statements for the year ended 31 December 2025

4. TRUSTEE REMUNERATION, STAFF COSTS and OTHER RELATED PARTY TRANSACTIONS

During the year the PCC employed a part-time Children’s Worker, a part-time parish secretary and a full-time Children and Youth Assistant, none of whom earned more than £60,000 per annum.

The total gross wage for the three employees was £45,347. In addition, £1,811 was paid in employer contributions to a defined contribution pension scheme.

Gross costs were paid in respect to members of PCC whilst in office, as follows:

Tim Lyddon received £143 in fees for duties as a verger or minister at weddings and funerals, inter alia. Pam Edwards received £81 in fees for duties as minister at funerals.

These fees were paid by the client not the church.

No other remuneration was received by trustees, except that expenses totalling £1,007 was received by two members of clergy in the discharge of their duties.

During the year to 31 December 2025, the charity received £60,422 in donations from the PCC members, key management personnel and persons closely connected to them. The donors did not attach any conditions to their gifts which required the charity to significantly alter the nature of its existing activities.

5. FIXED ASSETS

(a) Tangible (Unrestricted) (a) Tangible (Unrestricted) Freehold land Church Fixtures and
Total
and buildings equipment Fittings
£ £ £ £
ACTUAL/DEEMED At 1 January 2025 270,000 43,981 8,750 322,731
COST Additions - 7,090 21,261 28,351
Disposals - - - -
at 31 December 2025 270,000 51,071 30,011 351,082
DEPRECIATION At 1 January 2025 - 39,531 1,810 41,341
Charged for the year - 4,655 2,875 7,530
Disposals - - - -
At 31 December 2025 - 44,186 4,685 48,871
NET BOOK VALUE At 31 December 2025 270,000 6,885 25,326 302,211
At 31 December 2024 270,000 4,450 6,940 281,390

Note – The additions are £4,600 for two new audio amplifiers, £2,490 for an electronic drum kit, £12,905 for an air source heat pump driving new underfloor heating in the main building stage area, and £8,356 for a large cooker and hood in the refurbished Halls kitchen.

Freehold land and buildings
Property at 27 Efford Crescent, Higher Compton, Plymouth
Valuation 31 December 2008		 £ 150,000
Church halls adjoining Emmanuel Church at Compton Avenue,
Mannamead, Plymouth £ 120,000
Valuation 31 December 2008
Total net book value based on 2008 valuation £ 270,000

(b) Investment fixed assets

No investment trust funds were held during 2025.

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The Parish Church of Emmanuel with St Paul, Plymouth

Notes on the Financial Statements for the year ended 31 December 2025

6.
DEBTORS AND PREPAYMENTS		 6.
DEBTORS AND PREPAYMENTS		 6.
DEBTORS AND PREPAYMENTS		 6.
DEBTORS AND PREPAYMENTS
Unrestricted
Restricted
TOTAL FUNDS
Funds
Funds
2025
2024
£
£
£
£
Income tax recoverable 8,662
-
8,662
12,363
Prepayments and other debtors 611
-
611
1,064
9,273
-
9,273
13,427
7.
LIABILITIES
Unrestricted
Restricted
TOTAL FUNDS
Funds
Funds
2025
2024
£
£
£
£
a. Amounts falling due within one year:

Accrualsforutilities and othercosts		 10,668
1,283
11,951
3,966
10,668
1,283
11,951
3,966
8.
FUND DETAILS
The restricted funds comprise the following:
Ministry Training
Youth
Hospitality
Bellringers
Outreach Bequest
Kerswell
Hardship Fund
Eco Projects
The designated funds comprise the following:
Emmanuel Church Halls
Legacies
Families' Minister
Emmanuel Development
Emmanuel Buildings Maintenance
Church Halls Long Term Maintenance
Vicar & Church Wardens-Emmanuel
The General Fund, including £270,000 fixed assets
held in buildings:		 2025
2024
£
£
4,221
4,132
2,594
2,541
517
673
8,744
8,560
4,176
4,091
-
6,142
2,692
2,638
-
-
22,944
28,777
504
4,226
147,840
153,156
45,000
50,000
28,940
209,176
33,137
33,256
12,000
12,000
1,881
7,148
269,302
468,962
407,026
388,138
699,272
885,877

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The Parish Church of Emmanuel with St Paul, Plymouth

Notes on the Financial Statements for the year ended 31 December 2025

8. FUND DETAILS (Continued)

Restricted funds are held for the following purposes:

Ministry Training for activities within the parish for training and development of clergy and lay
people in furthering the aims of the church
Youth Money donated specifically for youth and children’s activities
Hospitality Funds to provide hospitality
Bellringers Funds raised by the Bellringers for maintenance of the church bells
Outreach bequest A legacy with the restriction that it be used to fund new outreach initiatives at
Emmanuel
Kerswell Special repairs or alterations to the church of Emmanuel
Hardship To assist with cases of hardship in Emmanuel Church
Eco Projects Money specifically given for ecological projects

Designated funds are held for the following purposes:

Emmanuel Church Halls A funds which holds the income from letting the Halls, and is used to service
and maintain them. Surplus money is transferred to the General Fund.
Legacies Currently holds a legacy designated for an overseas missionary project.
Families’ Minister Funds designated for the employment of a Youth Assistant.
Emmanuel Development Funds set aside for development of the premises at Emmanuel.
Buildings Maintenance Holds budgeted money for the maintenance of the main church building and
grounds.
Halls Long Term Maint A reserve held against a major maintenance requirement.

Vicar and Church Wardens For discretionary use by the vicar and church wardens at Emmanuel

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The Parish Church of Emmanuel with St Paul, Plymouth

Notes on the Financial Statements for the year ended 31 December 2025

9. FUND MOVEMENTS

Balance
Incoming
Outgoing
Transfers
Balance
01/01/2025
Resources
Resources
31/12/2025
£
£
£
£
£
Restricted:
Ministry Training
Youth
Hospitality
Bellringers
Outreach Bequest
Kerswell
Hardship Fund
Eco Projects
4,132
89
-
-
4,221
2,541
53
-
-
2,594
673
4
160
-
517
8,560
184
-
-
8,744
4,091
85
-
-
4,176
6,142
-
-
(6,142)
-
2,638
54
-
-
2,692
-
19,919
14,263
(5,656)
-
28,777
20,388
14,423
(11,798)
22,944
4,226
13,974
17,696
-
504
153,156
-
5,316
-
147,840
50,000
12,000
-
(17,000)
45,000
209,176
30,715
222,749
11,798
28,940
33,256
681
17,200
16,400
33,137
12,000
-
-
-
12,000
7,148
-
5,267
-
1,881
Designated
Emmanuel Church Halls
Legacies
Families' Minister
Emmanuel Development Fund
Buildings Maintenance
Church Halls Long Term Maintenance
Vicar & Church Wardens
General fund 468,962
57,370
268,228
11,198
269,302
388,138
245,054
226,766
600
407,026
885,877
322,812
509,417
-
699,272

Note – The Eco Projects fund was set up in 2025 to receive a Give-to-go-Green grant and its matched funding. The fund was used to pay for led lighting, and the excess transferred to the Emmanuel Development Fund where it part-paid for a heat pump. The Kerswell fund was transferred to the Emmanuel Development Fund to go towards the cost of the re-ordering work in the sanctuary.

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