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2021-08-31-accounts

CHARITY NUMBER 1143847

Emmanuel United Reformed And Methodist Church

Report and Financial Statements

Year ended 31 August 2021

Member of both the Methodist and United Reformed Churches

Bromsgrove and Redditch Methodist Circuit URC West Midlands Synod

No 5/18 Church No 6C19

Emmanuel Church Redditch Ecumenical Centre 6, Evesham Walk Redditch Worcestershire B97 4EX

www.emmanuelredditch.church email:info@emmanuelredditch.church tel. 01527 65952

Emmanuel Church

Trustees Annual Report on Finance and Governance

Basis of preparation and legal framework

The Trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2015).

Full Name of Charity / Church:

Emmanuel United Reformed and Methodist Church Redditch

Registration Charity Number (if a Registered Charity):

1143847

Date of registration (if registered as a Charity)

19 September 2011

Main communication address:

Emmanuel Church, Ecumenical Centre, 6 Evesham Walk, Redditch, Worcestershire B97 4EX

The Elders of Emmanuel Church Redditch are the Charity Trustees, membership being made up of Church office holders, Minister and representatives appointed by the Church at the Annual Church Meeting (ACM).

Treasurer : Mr Keith Thomas

Keith Thomas acted as the principal officer overseeing the day to day financial management and accounting for the Church during the year.

Independent examiner : Mr David Burman ICAEW

Investment Bankers : Central Finance Board of the Methodist Church Trustees for Methodist Church Purposes (TMCP)

Current Account : HSBC PLC Redditch

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Trustees for the period of these accounts

Minister: Rev James Hamilton from July 18[th] 2020

Elders: Ann Gee, Kay Bradley, Janet Chaney, Elaine Cooke (until May 2021), Glenys Hall, Olive Hall, Jackie Marsh, Jason Pearce, Tony Pitt, Lyn Renhard, Mike Schofield, Pearl Swanborough, Stan Taylor (until January 2021), Keith Thomas, Mary Thomas, Ros Williams, Fiona White,

Further information on our Trustees is in Appendix A

Aims and organisation

Background

Emmanuel Church Redditch is a ‘Local Ecumenical Project’ (LEP). Its constitution embodies the aims and organisation of both the Methodist and United Reformed Churches. These are:

The Methodist Church

The United Reformed Church

The provision of public worship in viable congregations through England, Wales and Scotland carried out through faithful ordained and lay ministry in our churches. Our main charitable activities are: ministry, education & learning, youth & children's work and mission. This latter includes: supporting local community service, and fostering ecumenical and interfaith relationships at all levels.

To advance the Christian religion for the benefit of the public in accordance with the doctrines, principles and usages, and the Scheme of Union of the United Reformed Church.

The constitutional aims of Emmanuel Church Redditch are:

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Our commitments and actions arise fundamentally from our convictions as followers of Jesus Christ, and the essential goodness of God made plain in Christ. But we believe and are convinced that the actions, ministries, partnerships and commitments arising from our Christian faith and practice offer significant public benefit, to the local community and wider society, in a time when mutual care, support and respect is so much needed.

The Church exists

To increase awareness of God’s presence and to celebrate God’s love;

To help people to learn and grow as Christians, through mutual support and care; To be a good neighbour to people in need and challenge injustice.

Emmanuel Church Vision Statement

“Emmanuel Church is a part of the Christian presence in Redditch Town Centre and welcomes all irrespective of gender, ethnicity, sexual orientation or disability. Its purpose is to be a worshipping and witnessing community, serving and supporting all, and to be committed to the causes of justice and peace and the care of creation.”

Public Benefit

The Trustees have paid due regard to the guidance issued by the Charity Commission on public benefit.

Structure, Governance and Management

The governing document for the Church is the constitution based on the Model Governing Document for a Single Congregation Local Ecumenical Partnership version 12/01/2010 signed and agreed by the Methodist and United Reformed Churches on the 13/07/2011.

Day to day management of the Church is undertaken by the Church Elders along with the Minister.

The Trustees are appointed at the ACM of the Church.

The Church Meeting is responsible for all decision making, but allows designated sub groups the authority to make decisions within a closely managed remit.

These sub groups are:

Elders, Finance and Property, World Mission and Service, Worship, Pastoral and Discipleship, Junior Church, Social and Catering.

Trustee Training

A range of guidance produced by Methodist Connexion and the United Reformed Church to support the effective running of the Church and the role of Trustees is given to the Church Trustees at various meetings and / or training sessions. New Trustees are assigned a long standing Trustee to take them through their responsibilities and duties. They attend training days for new Trustees run by either the Methodist or URC Church governing bodies. They are provided with a copy of the previous 12 months minutes of Church and Elders Meetings and accounts.

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Related Parties

The Church is a constituent member of the Bromsgrove and Redditch Methodist Circuit (5/18) which is part of the Birmingham Methodist District and is accountable to the Methodist Conference. It is also part of the United Reformed Church West Midlands Synod (6C19) which is accountable to the United Reformed Church.

The Church makes annual donations to 'The Methodist World Mission Fund', 'The Methodist Property Fund', and occasionally to these related parties.

The internal organisations linked to this church are:

Craft Club, Tuesday Fellowship, Guiding including Rainbows and Brownies, Tots & Co, Contact Centre, Indoor Bowls and Scrabble Club.

Review of the Year

So much has changed since our last Annual Church Meeting in July 2019 when we said farewell to Revd Steve Levett and reflected on what we, as a congregation, were grateful for. In September 2019, we welcomed Revd Ian Ring as our interim minister and in January 2020, after prayerfully following the United Reformed Church procedure for seeking a new minister, we issued a call to Revd James Hamilton. When the COVID19 pandemic struck in March 2020, the decision was made to close the Ecumenical Centre and so began a period of challenge for us all – ministers, staff, elders, and congregation.

How we as a church coped, adapted, and survived during this financial year will be touched on in the following reports.

As reported last year, once the lockdown began our community building, the Ecumenical Centre, was closed to the general public. This stopped our income streams from the coffee bar (£500 per month) and the hiring of rooms (£900 per month). From September 2020 we partially opened the building, coffee bar for 2 mornings per week and only one group meeting in the Centre at a time. By July 2021 Government guidelines had removed all Covid-19 restrictions. However, guidelines from the Methodist Church and the URC encouraged us to continue with the measures for minimising the spread of the virus, like facemasks still to be worn when moving about in the centre, and keeping physical distance from each other outside our known ‘bubbles’. Income from room hire did improve, but nowhere near ‘normal’ and the coffee bar covered its costs and provided a service to the general public, and was not expected to generate previous years income.

During this financial year, we continued to furlough our staff, but the rules were much more flexible and our staff could work part time, rather than all or nothing. As such we were able to claim £23,544 in government furlough grants, which went a long way to minimise the losses.

Worship returned to the Sanctuary for a short time in the Autumn, but went back to digital worship from November 2020 to May 2021, this time using recorded video and also ‘broadcasting’ it on our YouTube channel.

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Membership

Membership at 31[st] August 2021 was 102, down by 3 for 31[st] August 2020. There have been 5 losses from death, one ‘ceased to meet’ but also the addition of 3 new members.

Activities, Hospitality & Outreach

The last 12 months have been stop and start for Hospitality and Outreach. Safety from Covid19 through the measures put in place by the Centre Manager and Elders has become part of our hospitality and very much welcomed by customers and volunteers,

Activities

The Centre has seen many of the community groups return. The What’s On Guide is regularly updated and is available around the Centre to pick up and take away or for download from the Emmanuel Church website. There continues to be something on offer around the national 5 ways to wellbeing; connect, be active, give, keep learning and take notice.

The Church run activities of bowls, Bible book club, Craft Club and coffee shop are up and running.

Outreach - Ecumenical and community partnerships

Ecumenical work through Faith at Work in Worcestershire has restarted with Chaplaincy to the Kingfisher Shopping Centre shop workers. We visit people in their work place and listen to their concerns. For some years we have provided shop workers with cards, mince pies and other refreshments which are well received, free of charge and this is often a talking point as we get nearer to Christmas.

Messy Church for families that has been available online over lockdown restarted in person over the summer. There are plans for a Messy light party Sunday 31[st] October at Stephens 4- 6pm continuing monthly thereafter. Promotion of these events takes place on Facebook or through church bulletins. We work with church members from the Holy Trinity Parish and Mount Carmel and thanks go to Jan, Chris and Julie at Emmanuel for their continued support of this activity.

Within the Joint Ministries role for Churches Together in Redditch, contact has been made with the 19 churches who make up the membership of this group. The aim of Joint Ministries is to foster good relationships amongst churches and to represent Churches Together in the voluntary and community sector. As part of this we attend the Redditch Wellness Partnership, a group of community, voluntary and public sector organisations with an interest in health and wellbeing.

Coffee Shop

The Narthex is used 3 times a week to run a coffee shop selling Fair Trade refreshments and small items of prepacked sundries. Groups such as a charity Onside Advocacy, chaplains from the Alex Hospital and a group from the local Connect service also meet up in the coffee shop. Thank you to the many volunteers who continue to provide customers with a welcome space and great service, it is very much appreciated.

Narthex Redevelopment

This was on hold through out the year while waiting for the financial situation of the church to stabilise.

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Environment

Our solar panels and roof insulation continue to reduce the building’s carbon footprint. The Covid lockdowns saved energy through the usually expensive winter period.

The Ecumenical Centre

To open the building safely has been a task. We have had to update current health and safety procedures and write COVID 19 procedures, spend hours reading through every Government update. At one point all the relevant government paperwork for the building amounted to two lever arch files! Because our building came under the relevant guidelines for Places of Worship, Community Centres & charities, Essential services, Hospitality, Events Businesses & offices, we have had to adhere to all the rules for all these areas. Each area has had different expectations and reopening timelines.

The way we hire our spaces has had to change. There have been many i’s to dot and t’s to cross. We have arrived at a workable place to keep everyone as safe as we can. It is much more work than 18 months ago, but we believe it is well worth it

Risk Management

The major risks have been identified and recorded by the Trustees with professional advice taken as required. This is normally from the Methodist Birmingham District or the United Reformed Church West Midlands Synod. An annual review process is undertaken and recorded. Income and Expenditure is monitored and is compared with the approved annual budget at the bi-monthly Finance and Property Meeting, in order to detect trends as part of the risk management process to avoid unforeseen calls on reserves.

The Church Meeting agrees to the signatures for the current account and investment accounts. Our building is part of the Kingfisher Shopping Centre and benefits from the 24 hour monitoring of our Fire Detection equipment as well as being included in the Shopping Centre Sprinkler system.

Full insurance is taken out to cover the Trustees and Volunteers as well as the building and its contents.

Organisations not belonging to the Church who are hiring any of our facilities must have their own indemnity insurance. This is stipulated in our conditions of room hire.

Our Fire and Health and Safety procedures are updated for any changes and reviewed each year.

We have training in hygiene for the kitchen users and at least one member of staff in first aid. Our staff and Trustees have attended safeguarding training run by the Methodist Church.

Reserves Policy

The Reserves Policy for the Church is to hold a minimum sum equivalent to 6 months’ average expenditure of the General Fund, plus the accumulated value of the Mary Gatecliff Legacy. This is considered to meet any unforeseen item of major expenditure on the Church building and to be able to continue funding planned activities including the assessment payable to the Bromsgrove and Redditch Circuit and to the United Reformed Church West Midlands Synod. In addition, the Church from time to time designates reserves for specific purposes allied to its aims and objectives. Current designated reserves are outlined in the financial statements.

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Safeguarding

Every person has a value and dignity which comes directly from the creation of male and female in God’s own image and likeness. Christians see this potential as fulfilled by God’s recreation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.

Methodist Connexional practice outlines commitment to the following principles:

Emmanuel Church Redditch commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practice in the circuit and in the churches.

Emmanuel Church Redditch commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. The Church meeting has appointed two safeguarding officers, one with responsibility for children and the other for vulnerable adults. The Church Safeguarding Policy is reviewed and approved annually at the Annual Church Meeting.

Finance Review

Statement of Financial Activities (SOFA)

On the 31[st] August 2021 our overall assets totalled £2,062,258 with £662,944 in the General Fund and £1,399,315 in the Reserve Fund. This is a large increase from last year, but all due to investment gains totalling £209,001 and revaluation of our properties of £90,500 as they were reflecting 2017 valuations. However, investment income did not recover, and was still only 1.8% return rather than 3%.

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We held a special church meeting on Sunday 25[th] July 2021 to discuss the ongoing losses we are experiencing. It was agreed that we can sell up to £48,000 of our stocks and shares (realising the investment gains over the last few years). This would cover 2 years of predicted losses. This will enable us to carry on with the current expenditure and not have to change the employment contracts of our staff. As such £12,000 was sold and this added to a further £12,000 from TMCP previous income, was transferred to our Reserve Fund CFB account, where it was used to create a ‘Pandemic Recovery Fund’ to cover expected losses for next financial year.

Our final year deficit in the General Fund was £19,593, in the Reserve Fund we had a small deficit of £197. Total incoming funds were £178,227 with total expenditure of £197,724.

Balance Sheet

No changes have been made to the investments or fixed assets.

Looking forward to next year .

We are expecting a long continuation of losses of around £2,000 a month. A review will take place every 6 months (from September 2021) to assess the situation.

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Name of Church

Church No 5/18

Emmanuel Methodist / URC Redditch

Statement of Financial Activities (SOFA) for the year ended 31 August 2021

Notes to the
accounts
Income
1 Offerings
4
2 Gift aid
5
3 Donations and Legacies
6
4 Interest and investment income
7
6 Income from investment properties
8
7 Grants
9 & 37
8 Room Hire
10
9 Internal organisations
11
10 Other charitable income
12 & 36
11Total income
Expenditure
12 Circuit assessment or share
13
13 URC Ministry Fund
13
14 Grants and donations
14
15 Employment Expenses, Incl Tax and Pension
15
16 Property maintenance
16
17 Insurance,utilities etc
17
18 Depreciation
18
19 Office expenses
19
20 Other expenditure
20
21 Internal organisations
21
22Total charitable expenditure
General Fund
(Unrestricted)
Designated
Funds
(unrestricted)
Restricted
Funds
Endowment
Funds
Total
2020-21
£
£
£
£
£
47,258
47,258
8,003
8,003
66
66
6,864
2
18,142
25,008
10,636
10,636
46,071
7,483
53,554
18,515
18,515
540
540
9,404
5,245
14,649
146,815
5,787
25,625
-
178,227
15,000
15,000
41,501
41,501
-
-
61,863
23,780
85,644
16,387
2,042
18,429
8,473
8,473
-
10,095
10,095
13,088
5,245
18,333
250
250
166,408
5,495
25,822
-
197,724
23 Net Loss/Gain Income Expenditure ( 19,593)
292
( 197)
0
( 19,497)
24 Gains/(losses) on monetary investments
22
25 Gains/(losses) on investment properties
23
26Net income/(expenditure)
27 Transfers between funds
24
28 Other gains/(losses)
25
29Net movement in funds
30 Total funds brought forward
31 Total funds carried forward		 806
51,314
156,881
209,001
45,000
45,500
90,500
26,213
51,606
202,185
0
280,004
-
-
26,213
51,606
202,185
0
280,004
210,334
374,791
1,197,130
1,782,255
236,547
426,396
1,399,315
-
2,062,258

Page 9

Name of Church

Church No 5/18

Emmanuel Methodist / URC Redditch

Statement of Financial Activities (SOFA) for the year ended 31 August 2020

Statement of Financial Activities (SOFA) for the year ended 31 August 2020
Notes to the
accounts
Income
1 Offerings
4
2 Gift aid
4
3 Donations and Legacies
4
4 Interest and investment income
5
5 Income from investment properties
5
6 Grants
6 & 34
7 Room Hire
7
8 Other charitable income
8
9 Internal organisations
9
10 Total income
Expenditure
11 Circuit assessment or share
10
12 URC Ministry Fund
10
13 Grants and donations
11
14 Employment Costs
12
15 Property maintenance
13
16 Utilities etc
14
17 Depreciation
15
18 Office expenses
16
19 Other expenditure
17
20 Internal organisations
18
21 Total charitable expenditure
General Fund
(Unrestricted)
Designated
Funds
(unrestricted)
Restricted
Funds
Endowment
Funds
Total
2019-20
£
£
£
£
£
39,061
39,061
13,530
13,530
593
10,000
10,593
7,599
-
20,875
28,474
10,294
10,294
30,400
30,400
23,460
23,460
12,519
5,192
17,711
860
860
137,456
16,052
20,875
-
174,384
15,000
15,000
35,835
35,835
134
134
58,581
23,442
82,023
22,212
-
22,212
5,794
5,794
-
-
11,178
11,178
7,910
5,192
12,918
26,020
415
415
156,644
5,607
36,360
0
198,610
22 Net Loss/Gain Income Expenditure ( 19,187)
10,445
( 15,484)
0
( 24,227)
23 Gains/(losses) on monetary investments
19
24 Gains/(losses) on investment properties
20
25 Net income/(expenditure)
26 Transfers between funds
21
27 Other gains/(losses)
22
28 Net movement in funds
29 Total funds brought forward
30 Total funds carried forward
( 79)
( 6,950)
( 20,600)
( 27,629)
0
( 19,266)
3,495
( 36,084)
0
( 51,855)
0
0
( 19,266)
3,495
( 36,084)
0
( 51,855)
229,600
371,296
1,233,214
0
1,834,110
210,334
374,791
1,197,130
0
1,782,255

Page 10

Name of Church

Church No 5/18

Emmanuel Methodist / URC Redditch

Balance Sheet as at 31 August 2021

Fixed Assets Notes to the
Accounts		 General Fund
(Unrestricted)
£		 Designated
Funds
(Unrestricted)
£		 Restricted
Funds
£		 Endowment
Funds
£		 Totals 2021
£		 Totals 2021
£		 Totals 2020
£
Churchbuilding and otherproperty 27 0
Investment properties 28 225,000 230,500 455,500 365,000
Investments 29 0
Total fixed assets 225,000 0 230,500 0 455,500 365,000
Current Assets
Debtors and prepayments 30 3,878 13,202 17,080 10,921
Loans by the Churches 31 0
Investmentswith TMCP 32 7,373 357,518 1,071,681 1,436,572 1,251,571
Central Finance Board Deposits 33 11,634 68,878 83,932 164,444 156,482
Cash at Bank and in hand 34 12,880 0 12,880 9,871
Total current assets 35,765 426,396 1,168,815 0 1,630,976 1,428,845
Current liabilities
Creditors (due in under 1 year) 35 24,217 24,217 11,590
Grantspayable within 2021-22 36 0
Total current liabilities 24,217 0 0 0 24,217 11,590
Net current assets/liabilities 11,547 426,396 1,168,815 0 1,606,758 1,417,255
Total assets less current liabilities 236,547 426,396 1,399,315 0 2,062,258 1,782,255
662,944
0
0
0
236,547
426,396
1,399,315
0
2,062,258
236,547
236,547
426,396
426,396
662,944
1,399,315
1,399,315
0
0
236,547
426,396
1,399,315
0
2,062,258
Long term liabilities
(due after more than one year)
Grants payable after 2021-22 0
Loans to the Church 0
0
Net assets 236,547 426,396 1,399,315 0 2,062,258 1,782,255
Funds of the Church
General Fund (Unrestricted) 236,547 426,396
1,399,315
0		 236,547
DesignatedFunds (Unrestricted) 426,396 426,396
Total Unrestricted Funds 662,944 0
RestrictedFunds 1,399,315 1,399,315
Endowment Funds 0 0
Total Funds 236,547 426,396 1,399,315 0 2,062,258 0

Signed

Church Treasurer

Page 11

Emmanuel Methodist / URC Redditch

Notes to the Accounts

1. Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investment property and other investments which are included at market value, as modified by the revaluation of certain assets.

2. Funds

The funds held constitute: General Funds held for any purpose of the Church which are Unrestricted and Restricted funds which are held for a narrower purpose including those for internal organisations. There are no Endowment funds. Details of each material fund are disclosed in notes 28 and 29 . Any funds may be represented by more than just cash.

Investments

The funds that support the various funds are held by TMCP (Trustees for Methodist Church Purposes) in Trustees Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and long term investments.

TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust property, including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference.

Capital commitments and contingent liabilities

With the continuing reduction in income from investement dividends, room hire and coffee bar we have sold £24,000 of shares in the reserve fund and created a Pandemic Recovery Fund to give our General Fund enough cash to sustain expected losses next financial year. We also have insurance cover for loss in income and we have already had an interim payment of £6,000. When we will get the rest is unkown, but being handled by Williams Pitt Chartered Loss Adjusters, George House, 84 Richardshaw Lane, Pudsey, Leeds, LS28 6BN

3. Accounting policies

Basis These accounts have been prepared on the basis of historical cost, except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Church's financial position and activities.

Income Income is included in the Statement of Financial Activities (SOFA) when the Church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability.

Expenditure This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources. Grants

Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.

VAT

Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers.

Tangible fixed assets for use by the Church

The freehold property is shown at most recent valuation, which was 2022

Investment Properties

Investment properties - no property is currently deemed to not be held for the long term purposes of the charity.

Investments

Investments are valued in the balance sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA.

Debtors and Prepayments

Debtors include outstanding bills due. Creditors include outstandings relating to collections and utility bills

Creditors

House Rental Income

All the rental income from the Reserve Fund house, 42 Harport Road, is used to support the General Fund, as is the income from 75 Prospect Hill

TMCP Managemnt Charges

The Trustees for Methodist Church Purpose (TMCP), charge 0.285% of our TMCP assets to cover the work they are doing in mamaging our investments.

This year that charge was £4,094.09 for managing a total value of £1,436,571.86

Page 12

SOFA
Notes to Accounts
Income
4. Donations and Offerings
Free will offerings
Collections - Envelopes and Standing Orders
Collections - Loose
Total Offerings
5. Gift Aid
Tax credits Envelopes and Standing Orgers
Tax Credit Loosefor 2 years
Total Gift Aid
6. Donations
Uniformed Organisations
Church of Grace
Tuesday Fellowship
Craft Club
Anon
6. Legacies
Lynfa Morgan
Total Donations and Legacies
7. Interest and Investment Income
Interest From CFB Accounts
Interest From Bank Account
Dividends From TMCP
Dividends From Mary Gatecliff Legacy
Dividends from Reserve Fund
Total Interest and Dividend Income
8. House Rents
9. Grants
Government Furlough
Redditch URC Trust
Details of Redditch Trust in note 34		 Emmanuel Methodist / URC Redditch
47,258
47,258
39,061
8,003
8,003
8,268
-
5,262
8,003
8,003
13,530
-
78
-
320
-
75
-
-
66
66
120
66
66
593
-
10,000
-
-
-
-
-
10,000

66
-
-
66
10,593
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
120
2
81 204
662
-
5
-
330
6,744
6,744
6,602
18,061 18,061
20,875
6,864
2
18,142
25,008
28,474
10,636
10,636
10,294
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
16,071
7,483 23,554
30,000
30,000
30,400
46,071
7,483
53,554
30,400

Page 13

SOFA Contd.
Notes to Accounts
Income
10. Room Lettings
Offices
Regular Room Hiring
Add Hoc Hiring
11. Internal Organisations
Craft Club
Tuesday Fellowship - Interest Account
Godly Play
Social Committee
Flower Fund
12. Other Charitable income
Printing
Special Efforts
Betty Whitaker Teas
Saltmine Panto Surplus
Collections on behalf of others
Misc. Income
Books
Organ Fun Day
Stretch and Pray
Magazine
Funeral Fees
Cross charged for work at Beacon Church
Tots
Insurance Claim - Loss of Income Interim
Other
Solar Panels
Catering
Catering
Net Catering less expenses
TOTALS		 Emmanuel Methodist / URC Redditch
18,515
18,515
23,460
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
140
140
848
-
12
-
-
-
-
400
400
-
-
-
-
540
540
860
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
-
9
-
-
-
-
-
322
5,245
5,245
5,192
13
13
-
14
-
-
-
60
90
90
53
-
-
-
456
-
403
6,000
6,000
2,848
1,615
1,615
658
773
773
1,471
913
913
6,225
9,404
5,245
-
14,649
17,710
913
913
6,225
176
176
3,427
146,815
5,787
25,625
178,227
174,383

Page 14

Emmanuel Methodist / URC Redditch

SOFA Contd. Notes to Accounts Expenditure

14. Circuit and URC Assessments
Bromsgrove and Redditch Methodist Circuit
URC West Midlands Synod
TOTALS
15. Grants and donations
URC Synod Margret Marshal
People in Need
Faith at Work in Worcestershire
TOTALS
16. Employment Costs
Wages, salaries and benefits in kind
Employees National Insurance
Employers National Insurance
Employees Pension Contribution
Employers Pension Contributions
Employee Travel
TOTALS
17. Property Maintenance
Major Repairs/Projects
Building COVID
Kitchen Ventilation
New MCB switchboard in Boiler Room
Refurbished Office Copier / Printer
Maintenance and Contracts
Building Maintenance - Jeremy Powell
PAT Electrical Appliances and Repairs
Gas Boilers
Building Contents Insurance
House Insurance (42 and 75 )
ADT Fire Smoke Detectors
Door and CCTV Security
Fire Extinguishers
Lift Maintenance
Lift Insurance Inspections
Miscellaneous items
TOTALS
18. Utilities
Electricity
Gas
Water
TOTALS		 2021
2020
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
15,000
15,000
15,000
41,501
41,501
35,835
56,501
56,501
50,835
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
-
50
-
84
-
-
-
-
134
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
50,994
20,751 71,745
64,096
3,411
911 4,322
914
245 1,159
10,031
2,382
645 3,027
2,978
996 3,974
7,001
1,184
233 1,417
896
61,863
-
23,780
85,644
82,023
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
1,784
2,042 3,826
-
3,496
3,496
-
4,091
-
1,650
-
-
-
-
3,535
2,124
2,124
346
-
264
2,342
2,342
2,231
-
656
935
935
1,201
-
-
185
185
-
2,388
2,388
2,590
-
1,464
3,135
3,135
4,183
-
16,387
-
2,042
18,429
22,212
2021
2020
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
2,941
2,941
2,908
4,583
4,583
2,203
949
949
683
8,473
-
-
8,473
5,794

Page 15

SOFA Contd.

Emmanuel Methodist / URC Redditch

Notes to Accounts Expenditure

SOFA Contd.
Notes to Accounts
Expenditure		 Emmanuel Methodist / URC Redditch
19. Depreciation
NONE
20. Office Expenses
Telephone
Internet Email and Web Site
Magazine
Leaflets
Paper
Printer Toner
Bin Collection BIFFA
Sanatory Bins - Cannon Hygiene
Cleaning Materials - Patterson's
Misc. items
TOTALS
21. Other Expenditure
Minister Expenses
Musicians
Preaching
Junior Church
Bank Charges
Misc.
Credit card transactions in last 2 weeks Aug 2020
Accruals - Accounts examination costs backdated
Catering Expenses
Church Expenses
Music and Words Licence
TV Licence
St Stephens (OASIS) Parking for Staff and Minister
Flowers and Bulbs from Where Next
Books
Church Offering Envelopes
Subscriptions, CTR, BARN
Misc.
Collections on Behalf of others see note 33
Reserve Fund Expenditure - Other
Training
Centre refurbishment fund
Finance / Property and H&S Support
Narthex Improvements
COVID-19 Building Changes
TOTALS
22. Internal Organisations
Craft Club
Tuesday Fellowship
Godly Play
Social Committee
Harriet Smith - Young people
Benevolent Fund
TOTALS
TOTAL EXPENDITURE		 2021
2020
Unrestricted Designated
Restricted
Total
Total
£
£
£
£
£
-
-
-
-
-
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
793
793
972
710
710
635
582
582
579
-
225
1,757
1,757
573
1,053
1,053
867
3,039
3,039
2,771
780
780
1,791
961
961
2,249
418
418
516
10,095
-
-
10,095
11,179
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
3,936
3,936
491
-
129
-
88
70
70
285
414
414
563
321
321
1,092
532
532
5,160
5,160
736
736
2,797
-
-
-
654
654
737
158
158
155
605
605
275
-
245
-
170
-
184
80
80
80
424
424
500
5,245
5,245
5,192
-
-
-
-
120
-
-
-
3,779
-
5,511
-
3,627
13,088
5,245
-
18,333
26,019
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
250
250
415
-
-
-
-
-
-
-
-
-
250
-
250
415
166,408
5,495
25,822
197,724
198,610

Page 16

SOFA Contd.

Notes to Accounts

Emmanuel Methodist / URC Redditch

23. Gains/(losses) on monetary investments
TMCP Interest Fund
TMCP Mixed Managed Fund
TMCP Mary Gatecliff
TMCP Reserve Fund
24. Gains/(losses) on investment properties
75 Prospect Hill
42 Harport Road
2 Acres Land Arrow Valley
25. Transfers between funds
26. Other Gains/(losses)		 23. Gains/(losses) on monetary investments
TMCP Interest Fund
TMCP Mixed Managed Fund
TMCP Mary Gatecliff
TMCP Reserve Fund
24. Gains/(losses) on investment properties
75 Prospect Hill
42 Harport Road
2 Acres Land Arrow Valley
25. Transfers between funds
26. Other Gains/(losses)		 2021
2020
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
806
806
( 79)
2,372
2,372
( 232)
48,942
48,942
( 6,718)
156,881
156,881
( 20,600)
806
51,314
156,881
209,001
( 27,629)
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
45,000
45,000
43,000
43,000
2,500
2,500
45,000
0
45,500
90,500
0
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0
BALANCE SHEET
Notes to Accounts
Fixed Assets
27. Church Buildings
None
Total
28. Investment Properties
Houses for Lay Workers
75 Prospect Hill
42 Harport Road
2 Acres Land Arrow Valley
Total
29. Investments
None
Total
30. Debtors and prepayments
Methodist Circuit pre-paid monthly assessment
Room Hire Invoices not yet paid (but were in Sept)
Owed by General Fund to Reserve Fund see note 35
Total
31. Loans by the Church
None
Total		 Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
225,000
225,000
180,000
218,000
218,000
175,000
12,500
12,500
10,000
225,000
0
230,500
455,500
365,000
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0
1,250
1,250
1,250
2,628
2,628
0
13,202
13,202
9,671
3,878
0
13,202
17,080
10,921
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0

Page 17

BALANCE SHEET contd.
Notes to Accounts
32. Investments with TMCP
Charles Terry
Caroline Hayes
Various Bequests
Smith & Fair
Mary Gatecliff - TMCP Mixed Managed
Proceeds of Sale Bates Hill
TMCP Reserve Fund Mixed Managed
TMCP Reserve Fund Property
TMCP Interest Fund
None
Total
33. Central Finance Board Deposits
CFB Reserve Fund
CFB General Fund
GFB Women's Fellowship
CFB Govier
Total
34. Cash at Bank and in hand
HSBC Current
HSBC Deposit
Credit Card
Cash in Hand
Total
Current Liabilities
35. Creditors (due in under 1 year)
Vaccine Appeal
Methodist Mission Overseas
Methodist Property
Harvest Appeal
Ian Ring Farewell
Nixon Collection
Samaritans
Food Parcels
Gas Quarter Bill not paid till September
Room 3 Hire 10 months paid in advance
Accruals - bills to be paid next year for 6 years
Owed to Reserve Fund - see note 30
Total
36. Grants payable within 2021-22
None
Total		 Emmanuel Methodist /URC Redditch
7,372
357,518
1,071,681
1,436,572
1,251,571
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
81,672
81,672
61,402
11,634
68,143
79,777
92,089
735
1,000
1,735
1,733
1,259
1,259
1,257
11,634
68,878
83,931
164,444
156,482
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
8,378
8,378
5,697
4,729
4,729
4,048
-294
-294
0
67
67
125
12,880
0
0
12,880
9,871
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
220
220
0
800
0
200
171
171
0
400
0
308
0
110
0
101
1,525
1,525
3,940
3,940
5,160
5,160
13,202
13,202
9,671
24,217
0
0
24,217
11,590
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0

Page 18

Emmanuel Methodist / URC Redditch

Detailed analysis of individual fund movements

GENERAL FUND
Description Opening
Balance		 Income Expenditure Transfers Revaluation
gains/losses		 Closing Balance
General Fund not designated 210,334 146,815 166,408 45,806 236,547
GENERAL FUND DESIGNATED
Description Opening
Balance		 Income Expenditure Transfers Revaluation
gains/losses		 Closing Balance
Legacy Investments TMCP 306,205 51,314 357,518
Legacy Investments CFB 36,484 36,484
Centre Refurbishment 5,269 5,269
Ipsely Housing Trust 23,032 23,032
Sanctuary Development - -
Social Committee 47 47
Central Maintenance Fund - -
Godly Play 461 461
Choir Accounts 385 385
Craft Club 888 140 250 778
Flower Fund 60 400 460
H. Smith 941 941
Women's (Tuesday) Fellowship 733 2 735
Benevolent Fund 286 286
Collections on behalf of others 0 5,245 5,245 0
-
Totals 374,791 5,787 5,495 - 51,314 426,396
RESTRICTED FUNDS
Description Opening
Balance		 Income Expenditure Transfers Revaluation
gains/losses		 Closing Balance
Emmanuel Reserve Fund 1,194,873 25,623 25,822 24,000
-		 202,381 1,373,055
Women's (Tuesday) Fellowship 1,000 1,000
Govier Fund 1,257 2 1,259
Pandemic Recovery Fund - 24,000 24,000
-
Totals 1,197,130 25,625 25,822 - 202,381 1,399,314
Endowment Funds
Restricted Fund Name Opening
Balance		 Income Expenditure Transfers Revaluation
gains/losses		 Closing Balance
-
-
-
Totals - -

Fund purposes

Page 19

Emmanuel Methodist / URC Redditch

Analysis of Investment Movements

Description Carrying market
value at beginning
of year		 Additions to
Investment		 Disposals at
carrying value		 Net gain/loss
on revaluation		 Carrying market
value at end of
year
Houses
42 Harport Road 175,000 43,000 218,000
2 acres Arrow Valley land 10,000 2,500 12,500
75 Prospect Hill 180,000 45,000 225,000
Totals 365,000 - - 90,500 455,500
TMCP Funds
Legacy Fund un-designated 6,567 806 7,373
Legacy Fund designated 306,205 51,314 357,518
Reserve Fund 938,800 156,881 1,095,681
Totals 1,251,571 - - 209,001 1,460,572

Loans and creditors due after one year

Loans and creditors due after one year and creditors due after one year and creditors due after one year and creditors due after one year and creditors due after one year
Loans
Source Amount brought
forward £		 New borrowings
£
Loan interest £		 Repayable in
the year
£		 Balance at year
end
£
NONE
Repayment due Totals
Due within 12 months
Due after more than 12 months
Total

Purpose of loans

Creditors due after one year

Creditors due after oneyear
Name of creditor Amount on 31-
Aug-2021		 Amount on 31-Aug-
2020
NONE -
-
Total

Payment to Trustees

£
Number of trustees who were paid
expenses
Nature of the expenses
If there are no payments to Trustees, please record no expenses were paid.
Payments made to trustees for additional services provided
to the Church by agreement with the Church Council
Meeting		 Thisyear
Nil
None		 Lastyear
Nil
None

Page 20

Emmanuel Methodist / URC Redditch

2021 2020
37 Collections
3 Generate 219
Action for Children 267
All We Can (MRDF) 267 262
Bible Society 120
Bromsgrove and Redditch Circuit Lay Preacher Training
Camphill Family
Centre Users ( Victim Support and Carers Care Line ) 513
Christian Aid 267 1,202
Churches Together in Redditch
Commitment For Life 245
Dharpur Hospital 267
Disaster Emergency - Hurricane Mozambique
Disaster Emergency Appeal 760
Easter Offerings - Methodist World Mission 592
Food Bank 668
Food Parcels 100
Give thanks for Vaccine 848
Methodist Fund for Human Need 195
Methodist Homes for the Aged - include Keith Bradley Memorial
Mustard Seed
Nixon Memorial Hospital 308
Primrose Hospice -Graham Mosley memorial Concert
RADIATE - Redditch Winter Shelter 400
Rev Ian Ring Farewell Gift 400
Samaritans 111
Save the Children - Girl Guide Service 78
Shelter at Christmas 673
Touchstone 134 211
Toys for Prisoners 505
Water Aid - Lynfa Morgan memorial service 827
Total Collections 5,245 5,192

Craft Club Giving

Frances Watson
REACHIC Period Poverty
Emmanuel Church
Teams 4 U - Shoe Box Transport
Disaster Emergency Committee		 200
150
215
100
250
415

Page 21

Emmanuel Methodist / URC Redditch

This report is for information only and does not form any part of these accounts other than an explanation of where the URC Redditch Trust Grants come from and the state of that fund.

38 URC Trust Fund - Last Published Accounts

Balance 1st January
2021
Income Re-valuation
Interest and Dividends
Expenditure Emmanuel Monthly
Fire Doors
Other projects
Admin Costs to Trust
Sub Total
Income Less Expenditure
(excluding revaluation)
Balance 31st Dec
2021		 Unrestricted
409,983
32,784
7,827
1,243		 Restricted
1,375,444
173,408
41,400
30,000
2,394
6,573		 Total
1,785,427
206,192
49,227
30,000
-
-
2,394
-
7,816		 Last Year
1,555,723
244,783
49,482
28,620
17,737
-
-
-
7,305
1,243 38,967 40,210 53,662
6,584 2,434 9,017 4,180
-
449,351 1,551,285 2,000,636 1,796,326

This Trust is managed by the Trustees of the URC West Midlands Synod It was established from legacies in 1825

The purpose being the support of the cost of a Minister and payment of major building projects Emmanuel Church Redditch has first claim on the income from the fund, but other churches in the West Midlands Synod can ask for grants.

Page 22

Emmanuel Methodist / URC Redditch Appendix A

CHURCH COUNCIL MEMBERSHIP & Direct Employees

MINISTER

Rev Ian Ring followed by Rev James Hamilton

Employees

Per Week Hospitality and Outreach Sharon Forrest 25 hours Lay Pastor Sarah Leeson 37.5 hours Centre Manager Nicki Farnes 20 hours Tots Laura Darby 4 hours House Keeper Caren Price Hunt 20 hours Finance assistant Lucy West 5 hours

CHURCH ELDERS

Ann Gee Mike Schofield Fiona White Olive Hall Glenys Hall Pearl Swanborough Jackie Marsh Ros Williams Kay Bradley Tony Pitt Lyn Renhard Janet Chaney Mary Thomas Keith Thomas

CHURCH SAFEGUARDING CO-ORDINATOR

Children and Young People Jan Channer Vulnerable Adults Sarah Leeson

GDPR CO-ORDINATOR

Mike Schofield

CHURCH REPRESENTATIVES TO OTHER BODIES

1 Methodist Circuit Meeting Keith Thomas Lyn Renhard Fiona White Chris Allured

2 URC West Midlands Synod

Jackie Marsh and Olive Hall

3 Churches Together in Redditch

Jackie Marsh Tony Pitt

4 Radiate Redditch (formerly Redditch Winter Shelter)

Sharon Forrest Sarah Leeson

5 Redditch Town Centre Churches

Tony Pitt

6 Women's World Day of Prayer

Margaret Lockwood

7 Christian Aid Week

Jackie Marsh

8 Carers Careline Angela Vaughan 9 DSP Nicki Farnes

Page 23

Emmanuel Methodist / URC Redditch

DECLARATIONS

Treasurer

I confirm that I have prepared the accounts from the records of the Church and that they include all funds under the control of the Church Council.

----- Start of picture text -----
Signature of Treasurer Date
Name Mr K Thomas
Address
2 Ashperton Close, Redditch, B98 7NG
Presentation to the Church Council Meeting for approval.
I confirm that the Accounts were, or will be, presented to the Church Council Meeting on
and were approved.
Signature of the Chair of the
meeting
Name of the Chair of the meeting
Rev James Hamilton
----- End of picture text -----

Date

Independent Examiner’s Report to the Trustees of the

----- Start of picture text -----
Emmanuel Methodist / URC Redditch Church
[[st]] August 2021
----- End of picture text -----

This Report is on the Church Accounts for the year ended 31[[st]] August

Respective responsibilities of Trustees and Examiner

The Church's trustees are responsible for the preparation of the accounts. The Church's Trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011(the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Actual Signed Document is Kept at Emmanuel Church and External Examiners

Page 24

Emmanuel Methodist / URC Redditch

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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

In connection with my examination, no matter has come 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.

----- Start of picture text -----
Name D.R.BURMAN
Signature
D. R. Burman
Relevant Professional qualification or body
ICAEW
Address BRUNSWICK HOUSE
BIRMINGHAM ROAD
REDDITCH B97 6DY
Date
----- End of picture text -----

Actual Signed Document is Kept at Emmanuel Church and External Examiners

Page 25