Emmanuel Church Morecambe 

Charity Commission CC16-Compliant Accounts 

Year Ended 31 December 2024 

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Trustees’ Annual Report (Summary) 

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The trustees present the financial statements for the year ending 31 December 2024. The charity continued regular ministry activities, Living Hope Community Store operations, and community outreach. Normal operations produced a modest surplus; however, unauthorised payments resulted in a net deficit for the year. 

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Statement of Financial Activities (SOFA) 

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## Income: 

- Cash Donations (Plate): £5,109.71 

- Standing Orders & Regular Giving: approx. £13,000 

- JustGiving Contributions: approx. £4,300 

- Living Hope (Square Reader): approx. £8,000–£10,000 

- Grants Received (incl. Konsileo & Charities Trust): approx. £1,300 

- Bank Interest: £60 

TOTAL INCOME: £36,773 

## Expenditure (Authorised): 

- Utilities (Gas, Electric, Water): £4,734.07 

- Insurance (Konsileo): £297.92 

- General Running Costs: £27,523.93 

TOTAL AUTHORISED EXPENDITURE: £32,555.92 

## Exceptional / Unauthorised Payments: 

- Total Unauthorised Expenditure: £24,299.45 

## Net Movement in Funds: 

- Surplus from Authorised Activities: approx. +£4,217 

- Net Deficit After Unauthorised Payments: –£20,082 

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Balance Sheet as at 31 December 2024 

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Assets: 

- NatWest Current Account: £2,764.96 

- NatWest Reserve Account: £12,799.39 

TOTAL FUNDS: £15,564.35 

Liabilities: 

- The charity had no outstanding liabilities as at year-end. 

Net Assets: 

TOTAL: £15,564.35 

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Notes to the Accounts 

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## 1. Accounting Policies 

The charity prepares its accounts on an accruals basis in accordance with Charities Act 2011, Charity Commission guidance CC16, and applicable accounting standards for small charities. 

## 2. Income Recognition 

Income is recognised when received into the bank unless related to a specific restricted fund. No restricted funds were held during 2024. 

## 3. Expenditure Recognition 

Expenditure is recognised when incurred. Utilities, insurance, and general running costs are reported as unrestricted charitable expenditure. 

## 4. Exceptional Items 

The trustees identified unauthorised payments totalling £24,299.45 during 2024. These were not related to charitable activities and are therefore disclosed separately in the accounts. 

## 5. Funds 

All funds are unrestricted general funds. 

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Trustee Approval 

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These accounts were approved by the trustees on _____________. 



Signed on behalf of the Board of Trustees: Michael Sheriff Trustee Chair