## **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_|
P a g e | **2**
**The Parish Church of Emmanuel with St Paul, Plymouth**
## **Parochial Church Council Trustees Annual Report 2025**
## **CONTENTS**
## **Page**
- **3 Table of Contents**
- **4 Administrative Information**
- **Structure, Governance and Management**
- **5 Objectives and Activities**
- **6 Emmanuel Mission Activities**
- **7 Achievements**
- **8**
- **Emmanuel Church Premises Contribution of Volunteers**
- **9 Independent Examiner’s Report**
- **Financial Review**
- **10 Reserves Policy**
- **11 Statement of Financial Activities**
- **12 Balance Sheet**
- **13 Accounting Policies**
- **14 Note 2: Incoming Resources**
- **15 Note 3: Resources Expended**
- **16**
- **Trustee Remuneration and Staff Costs**
- **Fixed Assets**
- **17 Debtors and Liabilities**
- **17 & 18 Fund Details**
- **19 Fund Movements**
**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||
P a g e | **4**
## **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**_ **:**
- **Hungry:** Pursuing God with expectancy, prayer, and a desire to know His will.
- **Hopeful:** Rooted in the resurrection hope of Christ, living with confidence in God’s future.
- **Holy:** Seeking to reflect the character of Jesus in our lives together.
- **Humble:** Depending on God’s grace, valuing one another, and remaining teachable as we follow Christ together.
_**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.
P a g e | **5**
**The Parish Church of Emmanuel with St Paul, Plymouth**
## **Parochial Church Council Trustees Annual Report 2025**
## **Emmanuel Mission Activities**
## _**Church Growth and Evangelism**_
- **Sunday services** remain central, with weekly morning and evening services as well as a midweek service on Wednesdays. Age-specific teaching activities for children and young people run concurrently with Sunday morning services. Services are also livestreamed, averaging 17 online participants per week.
- **Alpha** - 30 guests have engaged with our two adult Alpha courses in 2025. Three Alpha guests were amongst those baptised by full immersion on Easter morning by Bishop James. In total 16 people were either baptised or confirmed that day.
- **Leadership Conference from Alpha -** Two of our clergy attended this 2-day leadership training event in London in May
- **Electoral Roll** – In December 2025, there were 114 people on the Emmanuel Church Electoral Roll. Average weekly attendance figures are as follows:
- Adults: 148 • Children: 25 • Online: 17
- **Homegroups** – There are 11 weekly home Bible study groups. A new 18-30s group has started this year.
- **Monthly prayer** gatherings for Parish Prayer
- **Prayer room** - 50 people engaged with our prayer room _The Well_ in November, booking individual hourly slots and worshipping up to midnight on the final evening. This occasional new venture is inspired by the 24-7 prayer movement. Four people from Emmanuel attended 24-7's international gathering in Germany in October.
- Baptisms, weddings, and funerals
- Fellowship events, including men’s breakfasts and women’s groups
## _**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.
P a g e | **6**
**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:
- The embedding of a pastoral core care team, now working effectively and providing more consistent, supported, and coordinated care across the church.
- The continued flourishing of the care homes ministry, offering faithful presence, worship, and prayer among some of the most vulnerable members of our community.
- A highly successful Trauma Informed Church Conference, with learning now becoming embedded within pastoral practice and shaping how pastoral teams care for individuals and families.
- Growth across children’s ministry, including increasing attendance in weekly children’s groups, the launch of a new toddler group with particularly strong and encouraging numbers, and the development of new and strengthening connections with local schools.
- A Holiday Club welcoming around 100 children supported by approximately 60 volunteers, and a wellattended Light Party drawing over 100 people, many with little or no prior connection to church.
- The re embedding of the Child Contact Centre as an integral part of Emmanuel’s life and witness, contributing to the church’s compassionate presence in the city.
- The development and strengthening of mission partnerships, including a growing link with St Monica’s Theika and with Church Army in Nairobi, Kenya.
- Significant fabric improvements at Emmanuel to enable worship and mission, including a new dais/stage area, an upgraded sound system, and renewed hall facilities with new toilets and kitchen.
- The clarification and embedding of a renewed vision, priorities, and values, bringing greater unity, focus, and shared sense of direction.
- Increased Sunday attendance, with a regular worshipping community now numbering over 200, alongside many new people coming through the doors seeking to explore the Christian faith.
- Alpha becoming increasingly embedded within the culture of the church, with clear stories of lives being changed, and baptisms and confirmations on Easter Sunday standing out as a particular moment of thanksgiving and celebration.
- Growth in home group engagement, increasing from 90 to 120 participants, alongside the continued development of a growing missional fringe engaging with the life of the church.
- Seven people currently participating in the Diocese Foundations Course, reflecting a growing culture of discipleship, vocation, and formation.
- Ongoing engagement with local schools, including the continuation of weekly assemblies and lunchtime clubs at Compton Primary School, alongside emerging relationships with King’s School, Plymouth College, and Lipson Co-operative Academy. We were particularly encouraged to welcome the band from Lipson Co-operative Academy to contribute to both our Summer Fair and Carols Round the Lamp community event, deepening our connections with young people and the wider community.
- The Bereavement Journey was offered during the early part of the year and was attended by 11 participants, the majority of whom have little or no contact with any church. The programme material is provided by the charity Ataloss and offers holistic support, including guided discussion, signposting to further help and an optional final session exploring faith questions that often arise in bereavement from a Christian perspective.
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.
P a g e | **7**
**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.
P a g e | **8**
**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:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare financial statements, which accord with the accounting records and comply with the requirements of the Act and Regulations
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
P a g e | **9**
**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:
P a g e | **10**
**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.**
P a g e | **11**
**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:
P a g e | **12**
**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.
P a g e | **13**
**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**|
P a g e | **14**
**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**|
P a g e | **15**
**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.
P a g e | **16**
**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**|
|||||
P a g e | **17**
**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
P a g e | **18**
**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.
P a g e | **19**