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2022-08-31-accounts

CHARITY NUMBER 1143847

Emmanuel United Reformed And Methodist Church

Report and Financial Statements

Year ended 31 August 2022

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 2022. 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: Revd James Hamilton

Elders: Ann Gee, Kay Bradley, Janet Chaney, Olive Hall, Jackie Marsh, Tony Pitt, Lyn Renhard, Mike Schofield, Pearl Swanborough, Keith Thomas, Mary Thomas, Ros Williams, Fiona White. From October 2021: Glynn Carr, Helen Carr, Graham Martin, Diane Martin, Rosemarie Davies.

Further information on our Trustees, members and employees is in Appendix A

Aims and organisation

Background

Emmanuel Church Redditch is a ‘Local Ecumenical Partnership’ (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 Service and Mission, Worship, Pastoral and Discipleship, Junior Church (C2C), 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.

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

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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, Badminton Club, Indoor Bowls and Contact Centre.

Review of the Year

Overview

Some normality has been reached through this financial year. COVID restrictions were lifted, and our coffee shop and rooms were back to being used on a regular basis. The staff were no longer furloughed.

However, we are aware we need to reflect on our future and what we can achieve when roughly 75% of our community list are over the age of 60, with around 34% being aged between 71 and 80 and nearly 30% over 80. Our membership back in 2017 was 120; in July 2022 it stood at 97.

Since lockdown, at least two groups using our premises are thriving. Tots and Co, on a Monday morning, has around 30 children attending regularly with their parents and carers. The Sanctuary Gaming Café, meeting on a Friday evening, attracts an average attendance of about 80 people, again mainly families. The challenge for us as a church is how we engage with these groups and others in ways which begin to connect them with our community of Christian worship and discipleship.

Sarah Leeson, our Lay Pasto,r announced her intention to retire from her paid role at Emmanuel at the end of August 2023.

Hospitality

Since September 2021 we have been welcoming people back into the Ecumenical Centre. We have worked with different groups on events that took place in the Sanctuary. The group organisers have commented they have chosen the Ecumenical Centre because of its capacity e and the help and support they receive. Whether it is providing a choir or speaker, help with the audio-visual technology, or refreshments, our hospitality is much appreciated.

As well as one off events, groups such as Churches Together in Redditch run a monthly Church leaders’ breakfast in the coffee shop area and PLUS Group (an NHS social prescribing service) as well as the Alex Hospital Chaplains meet monthly during coffee shop opening times. Healthwatch Worcestershire visit the coffee shop monthly to speak with customers to listen and receive feedback on their experience of healthcare in the County. These visits to the Ecumenical Centre have been referred to in a county wide publication on healthcare in Worcestershire.

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Outreach

The Emmanuel Church coffee shop reopened after lockdown on 20th May 2021 for 2 days a week (Thursday and Friday) and increased to 3 days a week (Tuesday, Thursday and Friday) from 28th September.

Since returning from furlough outreach has restarted with the following activities:

Redditch Churches Together, Faith at Work in Worcestershire, Messy Church, Christmas Tree Festival 2021, Toys for children of Hewell Grange prisoners and Discipleship groups.

The Ecumenical Centre

Re-opening the building safely was a major task. Current health and safety procedures had to be updated in line with changing Covid guidelines. Because the Centre is a multi-purpose space different guidelines applied for different uses: Places of Worship, Community Centres & charities, Essential services, Hospitality, Events, Businesses & offices.

We still have Rooms 1,2,3, 6 and 7 rented out to 3 local charities, Carers’ Careline, Disability Support Project and Victim Support. Our regular hirings are stable and bringing in an income. Regular hirers include Sanctuary Games Café, Age UK T’ai Chi, Redditch Older People’s Forum, Carers Careline Strength and Balance class, Life Drawing Class, Radiate Redditch Community Café, High Strive Club for Adults with learning difficulties. In addition, our counselling rooms are regularly hired by counsellors from West Midlands Rape and Sexual Assault Support Centre.

Health and safety obligations are constantly monitored and reviewed with the help of the Health and Safety Officer for URC West Midlands, including fire safety obligations, water contamination and checks on our integrated water sprinkler system and centre security.

Church members’ data has been inputted into a new programme called Church Suite. One of the most important reasons behind this change of direction towards a technology-based address system is GDPR legislation.

After over 5 years, the cross on the wall outside our entrance has been repaired with help from the Kingfisher Centre.

Our solar panels and roof insulation continue to reduce the building’s carbon footprint.

We are aware that the building is nearly 50 years old and as such is going to need more maintenance and upkeep over the next few years.

Worship

Worship has resumed on Sunday mornings, as has the weekly service on Thursdays. Covid restrictions were gradually lifted over the year. Attendance at morning worship is around 5060 and on Thursdays around 12-15.

C2C (Come To Church – Emmanuel Young People) started meeting again in September 2021 and Godly Play sessions have also recommenced. There 4 children who attend regularly.

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World Service & Mission

Meet 3 times a year and organise retiring collections for local, national and international charities and appeals.

Redditch Child Contact Centre

The Contact Centre re-opened after lockdown in March 2022, fortnightly instead of weekly, because of a reduced number of volunteers.

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 volunteers and in first aid for members of staff. 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

Safeguarding Children and Vulnerable Adults Policy for Emmanuel United Reformed & Methodist Church

This policy was agreed at a Church Meeting held on Sunday 10th July 2022

The Methodist Church, along with the whole Christian community, believes each person has a value and dignity which comes directly from God’s creation in God’s own image and likeness. Christians see this as fulfilled by God’s re-creation 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.

Emmanuel Church is committed to the safeguarding and protection of all children, young people and adults and affirms that the needs of children or of people when they are vulnerable and at risk are paramount.

Emmanuel Church recognises that it has a particular care for all who are vulnerable whether as a result of disabilities or reduction in capacities or by their situation. It is recognised that this increased vulnerability may be temporary or permanent and may be visible or invisible, but that it does not diminish our humanity and our wish to affirm the gifts and graces of all God’s people.

This policy addresses the safeguarding of children, young people and vulnerable adults. It is intended to support the Church in being a safe, supportive and caring community for children, young people, vulnerable adults, for survivors of abuse, for communities and for those affected by abuse.

Emmanuel Church recognises the serious issue of the abuse of children and vulnerable adults and recognises that this may take the form of physical, emotional, sexual, financial, spiritual, discriminatory, domestic or institutional abuse or neglect, abuse using social media, child sexual exploitation or human trafficking (slavery). It acknowledges the effects these may have on people and their development, including spiritual and religious development. It accepts its responsibility for ensuring that all people are safe in its care and that their dignity and right to be heard is maintained. It accepts its responsibility to support, listen to and work for healing with survivors, offenders, communities and those who care about them. It takes seriously the promotion of welfare so that each of us can reach our full potential in God’s grace.

Emmanuel Church commits itself to:

  1. RESPOND without delay to any allegation or cause for concern that a child or vulnerable adult may have been harmed, or may suffer harm, whether in the church or in another context. It commits itself to challenge the abuse of power of anyone in a position of trust.

  2. IMPLEMENT the Methodist Church Safeguarding Policy, government legislation and guidance and safe practice in the circuit and in the churches.

  3. PROVIDE support, advice and training for lay and ordained people to ensure that people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

  4. AFFIRM and give thanks for those who work with children and vulnerable adults and also acknowledge the shared responsibility of all of us for safeguarding children and vulnerable adults who are on our premises.

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Church Meeting

Legal responsibility for safeguarding lies with the Church Meeting. The Safeguarding Officers should be church members and should attend the Church Meeting at least annually to report on the implementation of the Safeguarding Policy. It is not appropriate for the minister in pastoral charge to hold a Church Safeguarding Officer role because of the potential conflict with their own responsibilities.

Emmanuel Church appoints:- Sarah Leeson as Church Safeguarding Officer (Adults) and Jan Channer as Church Safeguarding Officer (Children).

Further details are available in our Church Meeting minutes.

Finance Review

On the 31[st] August 2022 our overall assets totalled £1,975,934 with £643,967 in the General Fund and £1,331,966 in the Reserve Fund. This is a reduction from last year. Investment losses were £59,363 and income loss over expenditure was £26,961 . However, £10,000 was donated to the appeal from the Methodist Church Pension Fund. Investment income did recover, but only to 2.5% return rather than the pre Covid normal of 3%.

We are still expecting a long continuation of losses of around £2,000 a month. As agreed at last year’s Church Meeting, we will sell up to £24,000 of our stocks and shares to cover this loss. Judgement of how much we need to sell will be made in around Spring 2023.

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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 2022

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 inc insurance
16
17 Utilities
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
2021-22
£
£
£
£
£
45,016
45,016
13,062
13,062
6,944
56
7,000
9,010
7
25,884
34,901
10,315
10,315
31,943
-
-
31,943
29,466
29,466
-
1,230
-
1,230
13,297
4,349
-
17,646
159,053
5,642
25,884
-
190,580
17,750
-
-
17,750
38,444
-
-
38,444
10,000
-
-
10,000
64,895
-
24,327
89,222
19,810
5,999
-
25,810
10,158
-
10,158
-
11,297
-
-
11,297
9,120
4,349
41
13,510
-
1,350
-
1,350
181,474
11,699
24,368
-
217,541
23 Net Loss/Gain Income Expenditure ( 22,421)
( 6,056)
1,516
0
( 26,961)
24 Gains/(losses) on monetary investments
22
25 Gains/(losses) on investment properties
23
26Net income/(expenditure)
27 Transfers between funds-Pandemic Relief
24
28 Other gains/(losses)
25
29Net movement in funds
30 Total funds brought forward
31 Total funds carried forward		 ( 324)
( 14,174)
( 44,865)
( 59,363)
0
( 22,746)
( 20,231)
( 43,348)
0
( 86,325)
24,000
( 24,000)
-
-
1,254
(20,231)
(67,348)
0
(86,325)
236,547
426,396
1,399,315
2,062,258
237,802
406,165
1,331,966
-
1,975,934

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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 10

Name of Church

Church No 5/18

Emmanuel Methodist / URC Redditch

Balance Sheet as at 31 August 2022

Fixed Assets Notes to the
Accounts		 General Fund
(Unrestricted)
£		 Designated
Funds
(Unrestricted)
£		 Restricted
Funds
£		 Endowment
Funds
£		 Totals 2022
£		 Totals 2022
£		 Totals 2021
£
Church buildingand otherproperty 26 0 0
Investmentproperties 27 225,000 230,500 455,500 455,500
Investments 28 0 0
Total fixed assets 225,000 0 230,500 0 455,500 455,500
Current Assets
Debtors andprepayments 29 2,954 0 8,344 11,299 17,080
Loans bythe Churches 30 0 0
Investments with TMCP 31 7,048 343,344 1,026,816 1,377,209 1,436,572
Central FinanceBoardDeposits 32 7,983 62,822 66,305 137,111 164,444
Cash at Bank and in hand 33 6,329 0 6,329 12,880
Total current assets 24,315 406,165 1,101,466 0 1,531,946 1,630,976
Current liabilities
Creditors (dueinunder 1year) 34 11,512 0 0 11,512 24,217
Grantspayable within 2021-22 35 0 0
Total current liabilities 11,512 0 0 0 11,512 24,217
Net current assets/liabilities 12,803 406,165 1,101,466 0 1,520,434 1,606,758
Total assets less current liabilities 237,803 406,165 1,331,966 0 1,975,934 2,062,258
643,968 0
0
0
1,975,934
237,803
406,165
643,968
1,331,966
Long term liabilities (due
after more than one year)
Grantspayable after 2021-22 0
Loans to the Church 0
0
Net assets 237,803 406,165 1,331,966 0 1,975,934 2,062,258
Funds of the Church
General Fund(Unrestricted) 237,803 406,165
1,331,966		 237,803 236,547
Designated Funds(Unrestricted) 406,165 406,165 426,396
Total Unrestricted Funds 643,968 662,944
Restricted Funds 1,331,966 1,331,966 1,399,315
Endowment Funds 0 0
Total Funds 237,803 406,165 1,331,966 0 1,975,934 2,062,258

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

Last year we sold £24,000 of shares in the reserve fund and created a Pandemic Recovery Fund. This year’s accounts include the transfer to the General Fund. We may need to do the same next year, but we will wait to see if the lettings catering, and investment income continue to recover. We also have insurance cover for loss in income and we have already had an interim payment of £6,000. We now have received a further £886.88 as the final settlement, which will be shown in the accounts for 2022-23.

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.

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.

Next year that charge will be £3,924.90 for managing a total value of £1,377,208.58

Page 12

SOFA

Notes to Accounts Income

Emmanuel Methodist / URC Redditch

Notes to Accounts
Income
2022 2021
4. Donations and Offerings Unrestricted Designated Restricted Total Total
£ £ £ £ £
Free will offerings
Collections - Envelopes and Standing Orders 44,403 44,403 46,073
Collections - Loose 613 613 1,185
Total Offerings 45,016 45,016 47,258
5. Gift Aid
Tax credits Envelopes and Standing Orders 13,062 13,062 8,003
Total Gift Aid 13,062 - - 13,062 8,003
6. Donations and Legacies
Uniformed Organisations 393 393 -
Maries Funeral 324
Craft Club - Christian Aid 100
Church of Grace 600 600 -
Anon 5,527 56 5,584
 66
Legacies - -
Total Donations and Legacies 6,944 56 7,000
 66
7. Interest and Investment Income Unrestricted Designated Restricted Total Total
£ £ £ £ £
Interest From CFB Accounts 275 7 293 575
 204
Interest From Bank Account 0 0 -
Dividends From TMCP - -
Dividends From Mary Gatecliff Legacy 8,735 8,735
 6,744
Dividends from Reserve Fund 25,591 25,591
 18,061
Total Interest and Dividend Income 9,010 7 25,884 34,901 25,008
8. House Rents 10,315 10,315 10,636
9. Grants Unrestricted Designated Restricted Total Total
£ £ £ £ £
Government Furlough 1,543 1,543 23,554
Redditch URC Trust 30,400 30,400 30,000
Details of Redditch Trust in note 34 31,943 -
 31,943 53,554
Notes to Accounts
Income 2022 2021
10. Room Lettings Unrestricted Designated Restricted Total Total
£ £ £ £
Offices 18,804 18,804 15,764
Regular Room Hiring 10,459 10,459 2,751
Add Hoc Hiring 203 203 -
29,466 29,466 18,515

Page 13

SOFA Contd.

Emmanuel Methodist / URC Redditch

11. Internal Organisations
Benevolent Fund
Craft Club
Tuesday Fellowship - Interest Account
Godly Play
Flower Fund
Tuesday Fellowship
Social Committee
Flower Fund
12. Other Charitable income
Printing
Special Efforts
Betty Whitaker Teas
Saltmine Panto Surplus
Collections on behalf of others
Misc. Income
Magazine
Funeral Fees
Cross charged for work at Beacon Church
Tots
Insurance Claim - Loss of Income Interim
Bank Charge Refund - past 10 years
Other
Solar Panels
Catering
Catering
Net Catering less expenses
TOTALS		 Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
650
650
100
100
140
-
-
-
-
-
-
480
480
-
-
400
-
-
-
1,230
1,230
540
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
-
-
-
-
-
-
-
-
4,349
4,349
5,245
-
13
91
91
90
-
-
-
-
568
568
-
-
6,000
5,074
5,074
-
1,287
1,287
1,615
1,762
1,762
773
4,515
4,515
913
13,297
4,349
-
17,646
14,649
4,515
4,515
913
2,784
2,784
176
159,053
5,642
25,884
190,579
178,161

Page 14

Emmanuel Methodist / URC Redditch

Notes to Accounts Expenditure

SOFA Contd.

13. Circuit and URC Assessments
Bromsgrove and Redditch Methodist Circuit
URC West Midlands Synod
TOTALS
14. Grants and donations
Methodist Pension Fund Appeal
TOTALS
15. Employment Costs
Wages, salaries and benefits in kind
Employees National Tax & Insurance
Pension Contribution
Training
Employee Travel
TOTALS
16. Property Maintenance
Major Repairs/Projects
Building COVID
Kitchen Ventilation
Shading windows in hall
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 )
House Repairs / Improvements
ADT Fire Smoke Detectors
Sprinkler Inspection
Door and CCTV Security
Fire Extinguishers
Lift Maintenance
Lift Insurance Inspections
Miscellaneous items
TOTALS
17. Utilities
Electricity
Gas
Water
TOTALS		 2022
2021
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
17,750
17,750
15,000
38,444
38,444
41,501
56,194
56,194
56,501
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
10,000
10,000
-
-
10,000
-
-
10,000
-
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
48,494
20,310 68,804
71,745
8,040
2,060 10,101
5,481
5,734
1,742 7,476
7,001
414
85 499
2,212
130 2,342
1,417
64,895
-
24,327
89,222
85,644
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
-
3,826
-
3,496
125
5,269
5,394
-
-
-
-
-
-
-
-
3,201
3,201
2,124
1,535
1,535
-
2,892
2,892
2,342
1,391
1,391
-
730
730
1,530
1,530
935
1,794
1,794
-
-
-
185
1,588
1,588
2,388
1,676
1,676
-
4,079
4,079
3,135
-
19,810
5,999
-
25,809
18,429
2022
2021
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
5,251
5,251
2,941
4,709
4,709
4,583
199
199
949
10,158
-
-
10,158
8,473

Page 15

SOFA Contd.

Emmanuel Methodist / URC Redditch

Notes to Accounts Expenditure

SOFA Contd.
Notes to Accounts
Expenditure		 Emmanuel Methodist / URC Redditch
18. Depreciation
NONE
19. Office Expenses
Telephone
IT , Internet Email and Web Site
Magazine
Leaflets
Paper
Printer Toner
Bin Collection BIFFA
Sanitary Bins - Cannon Hygiene
Cleaning Materials - Patersons
Misc. items
TOTALS
20. Other Expenditure
Minister Expenses
Musicians
Preaching
Junior Church
Tots & Co
Bank Charges
Health and Safety - Nick Gray
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
Subscriptions, CTR, BARN
Misc.
Collections on Behalf of others see note 37
Reserve Fund Expenditure - Other
Training
Centre refurbishment fund
Finance / Property and H&S Support
Narthex Improvements
COVID-19 Building Changes
TOTALS
21. Internal Organisations
Craft Club
Tuesday Fellowship
Flower Fund
Godly Play
Social Committee
Harriet Smith - Young people
Benevolent Fund
TOTALS
TOTAL EXPENDITURE		 2022
2021
Unrestricted Designated
Restricted
Total
Total
£
£
£
£
£
-
-
-
-
-
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
1,264
1,264
793
1,846
1,846
710
640
640
582
-
-
536
536
1,757
785
785
1,053
3,317
3,317
3,039
-
780
1,978
1,978
961
931
931
418
11,297
-
-
11,297
10,095
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
-
3,936
75
75
-
-
-
212
212
70
41
41
362
362
414
754
754
2,902
2,902
321
-
532
1,100
1,100
5,160
1,731
1,731
736
-
-
-
754
754
654
159
159
158
650
650
605
-
-
294
294
-
-
80
128
128
424
4,349
4,349
5,245
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9,120
4,349
41
13,510
18,333
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
-
250
56
56
-
92
92
-
-
991
991
-
212
212
-
~~-~~
-
1,350
-
1,350
250
181,474
11,698
24,368
217,540
197,724

Page 16

SOFA Contd.

Notes to Accounts

Emmanuel Methodist / URC Redditch

22. Gains/(losses) on monetary investments
TMCP Interest Fund
TMCP Mixed Managed Fund
TMCP Mary Gatecliff
TMCP Reserve Fund
23. Gains/(losses) on investment properties
75 Prospect Hill
42 Harport Road
2 Acres Land Arrow Valley
24. Transfers between funds
Pandemic Relief Fund
25. Other Gains/(losses)		 22. Gains/(losses) on monetary investments
TMCP Interest Fund
TMCP Mixed Managed Fund
TMCP Mary Gatecliff
TMCP Reserve Fund
23. Gains/(losses) on investment properties
75 Prospect Hill
42 Harport Road
2 Acres Land Arrow Valley
24. Transfers between funds
Pandemic Relief Fund
25. Other Gains/(losses)		 2022
2021
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
( 324)
( 324)
806
( 960)
( 960)
2,372
( 13,214)
( 13,214)
48,942
(44,865)
( 44,865)
156,881
( 324)
( 14,174)
( 44,865)
( 59,363)
209,001
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
45,000
0
43,000
0
2,500
0
0
0
0
90,500
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
24,000
0
(24,000)
0
0
24,000
0
( 24,000)
0
0
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0
BALANCE SHEET
Notes to Accounts
Fixed Assets
26. Church Buildings
None
Total
27. Investment Properties
Houses for Lay Workers
75 Prospect Hill
42 Harport Road
2 Acres Land Arrow Valley
Total
28. Investments
None
Total
29. Debtors and prepayments
Methodist Circuit pre-paid monthly assessment
Room Hire Invoices not yet paid (but were in Sept)
Prepayments
Owed by General Fund to Reserve Fund see note 34
Total
30. 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
225,000
218,000
218,000
218,000
12,500
12,500
12,500
225,000
0
230,500
455,500
455,500
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0
1,500
1,500
1,250
472
472
2,628
982
982
8,344
8,344
13,202
2,954
0
8,344
11,299
17,080
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
0
0
0
0
0
0
0
0
0

Page 17

BALANCE SHEET contd.
Notes to Accounts
31. Investments with TMCP
Charles Terry 10235
Caroline Hayes 5856
Various Bequests 7688
Various Bequests 312
Mary Gatecliff - TMCP Mixed Managed
Mary Gatecliff - TMCP Property
Mary Gatecliff - TMCP Interest Fund
Proceeds of Sale Bates Hill 12324
TMCP Reserve Fund Mixed Managed
TMCP Reserve Fund Property
TMCP Interest Fund
TMCP Unpaid Income
None
Total
32. Central Finance Board Deposits
CFB Reserve Fund
CFB General Fund
GFB Women's Fellowship
CFB Govier
Total
33. Cash at Bank and in hand
HSBC Current
HSBC Deposit
Debit Card
Cash in Hand
Total
Current Liabilities
34. Creditors (due in under 1 year)
Vaccine Appeal
Primrose Hospice - Margaret Maries Memorial
Harvest Appeal
Shelia Woodcock Memorial
MHA
Mary's Meals
Touchstone
DEC CAID Ukraine Appeal
Gas Quarter Bill not paid till September
Room 3 Hire 10 months paid in advance
Accruals - External Examiners Fees
Owed to Reserve Fund - see note 29
Total
35. Grants payable within 2021-22
None
Total		 Emmanuel Methodist /URC Redditch
7,048
343,344
1,026,816
1,377,209
1,436,572
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
64,041
64,041
81,672
7,983
62,079
70,063
79,777
743
1,000
1,743
1,735
1,264
1,264
1,259
7,983
62,822
66,305
137,111
164,444
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
5,945
5,945
8,378
509
509
4,729
-157
-157
-294
31
31
67
6,329
0
0
6,329
12,880
Unrestricted
Designated
Restricted
Total
Total
£
£
£
£
£
0
220
177
177
0
0
171
93
93
0
173
173
0
365
365
0
183
183
0
1,076
1,076
0
0
1,525
0
3,940
1,100
1,100
5,160
8,345
0
8,344
13,202
11,512
0
0
11,512
24,217
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
Pandemic Relief Fund - 24,000 24,000
General Fund not designated 236,547 159,053 181,474 (324) 213,802
Totals 236,547 183,053 181,474 - ( 324) 237,802
GENERAL FUND DESIGNATED
Description Opening
Balance		 Income Expenditure Transfers Revaluation
gains/losses		 Closing Balance
Legacy Investments TMCP 357,518 (14,175) 343,344
Legacy Investments CFB 36,484 36,484
Centre Refurbishment 5,269 5,269 0
-
Ipsely Housing Trust 23,032 730 22,302
Sanctuary Development - -
Social Committee 47 480 991 464
-
Central Maintenance Fund - -
Godly Play 461 - - 461
Choir Accounts 385 385
Craft Club 778 100 - 878
Flower Fund 460 - 92 368
H. Smith 941 - 941
Women's (Tuesday) Fellowship 735 63 56 743
Benevolent Fund 286 650 212 724
Collections on behalf of others 0 4,349 4,349 0
- -
Totals 426,396 5,642 11,698 - ( 14,175) 406,166
RESTRICTED FUNDS
Description Opening
Balance		 Income Expenditure Transfers Revaluation
gains/losses		 Closing Balance
Emmanuel Reserve Fund 1,373,055 25,879 24,368 (44,865) 1,329,701
Women's (Tuesday) Fellowship 1,000 1,000
Govier Fund 1,259 5 1,264
Pandemic Recovery Fund 24,000 24,000 -
- -
Totals 1,399,314 25,884 48,368 - ( 44,865) 1,331,966
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 218,000 218,000
2 acres Arrow Valley land 12,500 12,500
75 Prospect Hill 225,000 225,000
Totals 455,500 - - - 455,500
TMCP Funds
Legacy Fund un-designated 7,373 (324) 7,048
Legacy Fund designated 357,518 (14,174) 343,344
Reserve Fund 1,095,681 (24,000) (44,865) 1,026,816
Totals 1,460,572 - ( 24,000) ( 59,363) 1,377,209

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-2022		 Amount on 31-Aug-
2021
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

2022 2021
37 Collections
Action for Children 267
All We Can (MRDF) 267
Bible Society 221
Bromsgrove and Redditch Circuit Welcomes Refugees 520
Child Contact Centre 404
Centre Users ( Victim Support and Carers Care Line )
Christian Aid 267
Commitment For Life
Dharpur Hospital 267
Disaster Emergency - Afganistan 739
Disaster Emergency - Christian Aid - Ukraine 1,076
Disaster Emergency Appeal 760
Easter Offerings - Methodist World Mission 244 592
Food Bank 668
Give thanks for Vaccine 848
Mary's Meals 365
Methodist Homes for the Aged 327
Primrose Hospice -Margaret Maries Memorial 177
Shelter at Christmas 673
Touchstone 183 134
Toys for Prisoners 505
Woodcock Memorial 93
Total Collections 4,349 5,245
Craft Club Giving
DEC Ukraine 100
Emmanuel Church 100 150
Teams 4 U - Shoe Box Transport
Disaster Emergency Committee 100
200 250

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
2022
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
2022		 Unrestricted
449,351
42,668
-
7,677
1,243		 Restricted
1,547,285
225,683
-
40,607
31,200
6,551		 Total
1,996,636
268,351
-
48,284
31,200
-
-
-
-
-
7,794		 Last Year
1,785,427
206,192
45,227
30,000
-
-
2,394
-
7,816
1,243 37,752 38,994 40,210
6,434 2,855 9,290 5,017
413,117 1,324,457 1,737,574 1,996,636

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 Jackie Marsh Pearl Swanborough Kay Bradley Ros Williams Lyn Renhard Tony Pitt Mary Thomas Janet Chaney Keith Thomas As from October 2021 Helen Carr Glynn Carr Diane Martin Graham Martin Rosemarie Davies Children and Young People Jan Channer Vulnerable Adults Sarah Leeson

CHURCH SAFEGUARDING CO-ORDINATOR

GDPR CO-ORDINATOR

Mike Schofield

CHURCH REPRESENTATIVES TO OTHER BODIES

1 Methodist Circuit Meeting

Keith Thomas Fiona White 2 URC West Midlands Synod Jackie Marsh and Olive Hall

3 Churches Together in Redditch 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
K Thomas 15-Jun-23
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 14-Jun-23
----- End of picture text -----

and were approved.

Signature of the Chair of the Rev J Hamilton meeting Name of the Chair of the meeting Rev James Hamilton

Date

Independent Examiner’s Report to the Trustees of the

Emmanuel Methodist / URC Redditch Church
ccounts for the year ended 31stAugust
2022

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:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

• 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.

Name D.R.BURMAN Signature D. R. Burman Relevant Professional qualification or body ICAEW Address BRUNSWICK HOUSE BIRMINGHAM ROAD REDDITCH B97 6DY Date 15-Jun-23

Actual Signed Document is Kept at Emmanuel Church and External Examiners

Page 25