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**
- a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church.
- b) Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of The Methodist Church.
- c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church.
- d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to 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:
- a) The celebration of public worship;
- b) The teaching of the Christian faith;
- c) Mission and evangelism;
- d) Pastoral work, including visiting the sick and the bereaved;
- e) The provision of facilities with a Christian ethos for the local community, including
- (but not restricted to) the elderly, the young and other groups with special needs.
- f) The support of other charities in the UK and overseas.
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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:
- the care and nurture of, and respectful pastoral ministry with, all children, young people and adults
- the safeguarding and protection of all children, young people and adults when they are vulnerable
- the establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse.
- We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes.
- We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority in any investigation.
- We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care.
- We will seek to challenge any abuse of power, especially by anyone in a position of trust.
- We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult.
- In all these principles we will follow legislation, guidance and recognised good practice.
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%.
Page | 7
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.
Page | 8
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
11**Total 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
22**Total 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
26**Net income/(expenditure)**
27 Transfers between funds
24
28 Other gains/(losses)
25
29**Net 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 Loose**for 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:
- examine the accounts under section 145 of the Charities Act 2011;
- to follow the procedures laid down in the general Directions given by the Charity Commission under Section
- 145(5)(b) of the Charities act; and
- to state whether particular matters have come to my attention.
## _**Actual Signed Document is Kept at Emmanuel Church and External Examiners**_
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## **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:
- (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 Charities Act 2011.
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
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