EMMANUEL CHURCH WIMBLEDON
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT
For the year ended 31 December 2024
Company number- 07904564
Charity number- 1146577

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Contents
Charity information
Trustees, annual report
Independent auditor's report
8-10
Statement of financial activities
Balance sheet
12
Statement of cashflows
13
Notes to financial statements
14-25

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Charity information
Company registration number..
07904564
Charity registration number.,
1146577
Directors l Trustses:
C Stansfield
SK Blows
IP Buchan
EJ Coleridge
JM Grainger
T McGhee
D Poole
(resigned 23 January 20251
(resigned 15 May 2025}
(appointed 25 June 2025)
Registered office:
Emmanuel Church
24 Ridgway
London
SW19 4QL
Bankers:
Bank of Scotland
41 South Gyle Crescent
Edinburgh
EH12 9DR
Independent auditor:
Xeinadin Audit Limited
5 Robin Hood Lane
Sullon
Surrey
SM12SW

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Trustees, annual report
Introduction
The Trustees of Emmanuel Church Wimbledon have pleasure in presenting their report along with the financial statements of
Emmanuel Church. Wimbledon for the year ended 31 December 2024. The annual report serves the purposes of both a Trustees,
Report and a Directors. Report undef company law. These have been prepared in accordance with the Companies Act 2006. the
Charities Slatemenl of Recommended Practice {Charities SORP IFRS 10211, Financial Reporting Standard 102 {FRS 1021 and the
Charities Act 2011.
STRUCTURE GOVERNANCE AND MANAGEMENT
Organisational Structure, governance and management
Emmanuel Church Wimbledon is incorporated in England and Wales and registered with Companie5 House with company number
07904564, and with the Charity Commission with charity number 1146577.
The Trustees are members oflhe company limited by guarantee and the members are also known as the patrons. The Truslees are
all qualified professionals andlor experienced business people. As such they bring their own in-depth knowledge lo the Trustee body.
In addition. the Trustees are regularly updated through circulars on trustee matters and seek expert professional guidance if needed.
The criterion for Emmanuel patrons is that they must be Bible-believing Christians, and affirm in writing their agreement with the
Thirty-Nine Articles of the Church of England. Trustees are appointed to be Trustees by ordinary resolution of the patrons.
Governance at Emmanuel is delivered by the trustees together with elected commillèes with specific areas of responsibility.
Trustees.. compliance with Emmanuel's legal responsibilities as a registered charity, including oversight of finances, HR and
safeguarding. The Iruslees during the year were..
Simon Blows
lan Buchan (Warden)
Ed Colèridge (Treasurer)
Jo Grainger
Tina McGhee
Claire Slansfield (Warden)
The trustees are supported by
UK Mission Committee which sUPPOrts the proclamation of the gospel in the UK.
International Mission Committee which supports the proclamation of the gospel overseas by organisations and individuals
associated wilh Emmanuel Church.
Youth committee which supports and coordinatès the activities of children's and teenagers, groups of the church.
Safeguarding team which handles mallers arising and ensures our DBS and training requirements are in compliance.
Ministry Team.. prioritisation and allocation of resour¢es to progress specific areas of ministry and mission. The Ministry
team during the year were..
Robert Frazer {Operalions manager)
Luke ljaz (Senior minister)
Andrea Mukhtar (Women's worker)
Joanna Svarovsky (Elected)
Steve Wilson (Elecledl
Nick Wooldridge (Associate Minister)
Felicia Wong (Elected)
3. Church Council.. elected advisory board providing feedback from the church family lo the minister and staff team. During the
year these were..
Martin Andrews
Juliet Blows
Trevor Dearham
Michelle King
David Poole
Claire Stone
Rebecca Stone
Liz Watts
Agnes Wilson

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Trustees, annual report (continued)
Elders.. advisory group comprising clergy and elected elders responsible for spirtlual oversight, support of the incumbent
and prayer. During the year these were..
Christopher Berkeley
Donald Clarke
Robin Thomson
Nick Wooldridge
Risk Managem8nt
The Truslees continue lo monitor the risks lo which Emmanuel is exposed and mitigate these risks with appropriate policies and
practices. In particular the Trustees have identified the following areas representing the major risks the church faces..
Safe9uarding risks.. actions are taken lo ensure that the church follows the policies and practices laid down by the Diocese of
Southwark, lo include appropriate training and DBS checks, for all volunteers and staff working with children and vulnerable adults.
The Trustees and the safeguarding officers continue lo monitor and address safeguarding issues that arise. A protocol with
Southward Diocese (signed in December 2023} was introduced in January 2024 at the licensing of our new senior minister. While
this is not a legally binding agreement. it is designed lo promote closer collaboration between Emmanuel and the diocese, particularly
with respect lo safeguarding best praGti¢e.
Financial risks.. appropriate procedures are in place lo ensure correct handling of all income, and the necessary aulhorisation and
approval for all expenditure. In particular, budgets are produced to enSLtre that adequate reserves are held in addition to the annual
income from members of Emmanuel lo meet all running costs. and also lo meet the grant commitments over a maximum of three
years.
Property risks.. the properties owned by the Church are maintained lo a satisfactory and safe level. The main church building is also
maintained lo ensure the safely of all people who allend either regular Sunday services, or smaller gatherings during the week, or
more subslanlial events at key festivals where care is taken lo ensure appropriate stewarding and evacuation processes are in place.
In December 2024 8 significant programme of refurbishmenl was carried out on our 226 Worple Road property, in preparation for the
arrival of our new associate minister, Leon Sim and his family.
OBJECTIVES AND ACTIVITIES
Emmanuel's Mlssion and Prlorltles
At Emmanuel we believe our Mission 1$ to glorify God by..
listening and responding to God's Word obediently.,
loving one another practically., and
proclaiming Christ boldly.
We believe that this Mission will be achieved by focusing on the following priority areas, individually and as a body.
Bible Teaching The study and exposition of the Word of God is the catalyst for the ongoing transformation of
individuals, lives and of the church body as a whole. We are lo apply the Word of God lo every aspect of our lives, both
private and public, individual and community, so that we live and demonslrale the truth of the Gospel.
Prayer and Praise - Nothing can happen in our own strength and we must be a praising and praying church bolh in
our lives and in our meetings, humbly dependent on the sovereign working of our gracious God.
3. Care and Support-we should love, care, and SUPF)0rt each otherwithin and across every part oflhe church fellowship.
We believe small groups provide a helpful environment for support and care and also for growth and life changing
development through the study of God's word. prayer and close friendships.
Reaching out - We are commanded to love our "neighbourf, as ourselves. We are responsible bolh lo demonstrate
God's love and lo share the Good News ofJesus with those who are lost. We are therefore committed to loving seNice
and unceasing witness to our'neighbours. all those around us wilh whom God has given us contact.
Sending out - We are committed lo the sending out of labourers into the worldwide harvest field and our prayer is that
Ihere should be those from Emmanuel serving throughout the world.

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Trustees, annual report (continued)
Key Activities
The church's key activities are therefore..
The work at Emmanuel itself in teaching God'5 Word in church services and through smaller groups and youth groups.
in encouraging and supporting each other and in evangelism.
Support of gospel work in the UK through prayer, grant-making and other practical help where necessary.
Support of gospel work overseas also through prayer, granl-making and other practical help where necessary.
Al the year end, Emmanuel had three salaried full-time staff and five part-lime staff. Our new senior minister, Luke ljaz, was licensed
in January 2024. Following the departure ol Nick Wooldridge lassociale minister}, our new associate minister, Leon Sim, was
appointed in September 2024 and joined the staff team in March 2025. Apart from this, the majority of Emmanuel's work is carried
out by volunteers, whether working within the church in teaching, youth work, evangelism etc., or involved in caring for the Churches
and missionaries that we support in the UK and Overseas.
The Trustees would like lo thank all those who volunteer their services lo help run and administer Emmanuel. Many people give
subslanlial amount of time lo ensure that Emmanuel runs effectively. These contributions by volunteers help the church to minimise
administration costs with the consequence that Emmanuel is able lo allocate a significant proportion of funds to support Gospel work
away from Wmbledon.
Public Benefit
The Trustees are aware of the Guidance promulgated by the Charity Commission under the Charities Act 2011 in relation lo Public
Benefit and are mindful of their obligations to have regards Iherelo.
Emmanuel advances religion for the public benefit by promulgating the good news of the Christian gospel within Wrnbledon and also
by supporting individuals, churches and organisalions elsewhefe in the UK and around the world with that same end. We believe
that it is lo the eternal benefit of all people to have the opportunity lo hear and respond lo the invitation of salvation from our loving
God and Emmanuel aims lo give a subslanlial proportion of ils income lo supporting work outside the church. The amount given is
regularly reviewed in the light of forecast income levels and the financial needs of the church itself.
Emmanuel also provides a very local public benefit in many ways.
The church is well-maintained and is open to any who wish lo attend the Sunday services, with the building also being used
by local schools on occasion.
The Christian faith is laughl every Sunday and at the many different weekday small group meetings lo ensure the faith is
understood and pul into practice by members of the church.
All children are welcome to join our youth groups which range from preschool through to Acom, our group for 14-18 year
olds. These groups seek lo teach the Christian faith as appropriate for the particular age, along with the moral and ethical
framework that goes with it.
Various evangelistic events are held throughout the year, to explain the Christian faith to those who are not members of the
church and Emmanuel is also involved in the local community.
Various crèches Mums & Tols and Dads & Tols groups are run free a5 a Servi￿ for non-Emmanuel parents and these are
well attended
Our building and garden are made avai18ble for local organisalions and societies such as Arty Party, Monkey Music.
Montessori School and the Wimbledon Society.
Emmanuel supports the Wimbledon community by encouraging members to train and serve as Street Pastors. This national
organisation seeks to provide support from local church volunteers for those present in town centres late on Friday and
Saturday nights.
Emmanuel is also a supporterof Wimbledon Options (Pregnancy Resource Centrel which provides practical help and advice
lo pregnant women in the locality.
There is a monthly Japanese service and other events for the Japanese community.
Emmanuel hosts occasional evenls for local schools.
Senior Management remuneration
Emmanuel works lo a long established principle of employing the minister and associate ministers on the basis that they are
ordained in the Church of England, and as such their remuneration is sel by reference lo an enhanced scale based on the Diocese
of Soulhwark pay scales for clergy. Accommodation is provided for ministers on the basis that they are employed as ministers of
religion and are required lo live in the accommodalion for the furtherance of their pastoral duties in Wimbledon.

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Trustees, annual report (continued)
ACHIEVEMENTS AND PERFORMANCE
Review of activities
Key themes in 2024
This was a year of healing and fesloralion under the leadership of our new senior minister, Luke ljaz. He spent much of his firsl
year getting to know the church family and discerning where relationships needed lo be restored.
Luke also invested time lo evaluate the reasons for Emmanuel's complex governance structure, seeking lo understand what
worked well and what was unhelpful. By the year-end he was able to share his vision of how a simplified slruclure, a new chufch
council, would provide a more transparent and effective way lo lead our church forward.
Thanks to the a generous contribution from a membef of the church family, we were able lo sustain missionary giving al £140,000
for 2024 and 2025. However, the treasurer highlighted the need, at church family meetings, lo recalibrale our missionary giving
in order to make it sustainable in the longer term. This direction of travel will likely become evident in future church budgets.
Youth numbers had been falling in recent years, bul in 2024 attendance slabilised and started to grow. This was especially
evident and encouraging amongst our teenage youth groups.
A focus on outreach during Advent demonstrated our revived commitment lo reaching Wimbledon Village after several years in
which we were preoccupied by internal changes. We have rejoiced in a growing number of visitor5 and newcomers durin9 the
course of 2024.
Support for Gospel Work In the UK
During the year Emmanuel has helped fund associate ministers and youth workers at a number of different churches across the UK,
many of which operate in difficult areas or are in early growth mode. The UK Mission Commillee has kept in contact with the vafiOUS
churches and individuals, reviewing their needs and helping the members al Emmanuel to be involved in carin9 for and praying for
them.
Support for Gospel Work Overseas
Emmanuel has continued lo fund missionary workers and organisations in many different parts of the world, including Mozambique,
India, and several different areas of Africa, as well as giving towards the general funds of several mission agencies which support
overseas workers. We have also sought lo provide help and advice to those from Emmanuel who are considering going overseas.
The Inlemalional Mission Committee has worked closely with those we support lo ensure that their needs are mel and that they are
supported in prayer,
FINANCIAL REVIEW
Income
About 709/0 of the Church's income is received from standing orders and other planned giving. however people do also give to the
work on a 'one off basis as well. Over the course ofthe year, income was lower than 2023 al £568,08712023.' £698,231). Last yearfs
giving included one very large 'one off gift of over £100,000.
The Trustees are very grateful lo everyone who conlribules to Emmanuel, particularly those who give by monthly standing order or
other regular planned giving.
Costs
Operating costs of £798,858 were lower than 20231£873,6581, mainly due to last year's costs including work required to refresh the
parsonage.
Grants
Emmanuel provides grants in accordance with ils Mission and Priorities, outlined above. In particular, the church supports UK and
overseas missionaries and those training for ordination or studying fof Gospel work. The UK and International Mission Committees
work to agreed budgets, and select and commit to any grant on the basis of clearly defined criteria. Grants were in line with budgets
al £220,000.
Cash and Resenies
The policy of the Truslees is to endeavour lo maintain free cash reserves amounting lo 2-3 months of operational expenditure, of
around £1 OOk-£150k
By the end of the year, cash in our bank account was al £172,539. Total funds were £7,310,491, of which £241,465 are endowed
and none are restricted.

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Trustees, annual report (continued)
Investmentpolicy andperformance
Surplus funds are held in a Bank of Scotland feserve accounl in order to generate interest income while being readily available,
Other investments are in units in the M&G Charifund {endowment fund), according lo the restrictions over it.
Investment performance was in line with our expectations for the year.
Related party transactions
Related party transactions are disclosed in note 6 in relation to the salaries and pension costs of staff who are a150 on the Church
Council. Further Related Party disclosure is in note 17.
Multi-employerpension scheme
Emmanuel participates in the Church of England Funded Pensions Scheme. This is a defined benefit pension scheme. Emmanuel is
unable to identify ils share of the undeflying asse15 and liabilities, therèfore as required under FRS 102 the present value of the deficit
contributions has been recognised as a liability and has been included in the financial slalements. See further information in note 15
of these financial statements.
Emmanuel has sel up a workplace pension scheme with NEST for all employees who are not eligible lo join the Church of England
scheme, and all employees who qualify are automatically enrolled.
Plans for future
eriod8
Work at Emmanuel in 2025
We expeGI out new church council lo b8 elected and implemented by mid-2025. The council will support the senior minister as he
sets future pnorilies for Emmanuel Church.
Support lor Gospel Work in the UK and overseas In 2025
The church expects lo continue funding workers in churches aroLtnd the country and overseas and building relationships with those
we support.
The budget for grants in 2025 is £140.00012024'. £140.000).
Fundraisin
The Church does not employ outside or commercial fund-raisers, and does not make appeals for funds beyond ils members. The
Church has not subscribed lo any fund-raisin9 regulator and has received no complaints about ils fundraising aclivilies. We do not
enga9e in persislenl fundraising or intrusive fundraising practices with any of our donors, including vulnerable people. and we never
have privaté or ¢oercive discussions with individuals about their giving.

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Trustees, annual report (continued)
RESPONSIBILITIES OF THE TRUSTEES
The trustees (who are also directors of Emmanuel Church Wimbledon for the purposes of company lawl are responsible for preparing
the Trustees, Report lincorporaling the strategic report and directors, report) and Ihe financial statement5 in ac¢ordance with
applicable law and United Kingdom Accounting Standard5, including Financial Reporting Standard 102.. The Financial Reporting
Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Iruslees to prepare financial slalements for each financial year which give a true and fair view of the state
of affairs of the charitable company and of the income and expenditure. of the charitable company for that period. In preparing these
financial stalemenls, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Chanties SORP..
make judgments and a¢¢ounting estimates thal are reasonable and prudent.,
stale whether applicable UK Accounting Standards have been followed, subje¢t to any material departures disclosed and
explained in the financial slatemenls, and
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the ¢harilable company
will continue in business.
The Ifuslees are responsible foi maintaining proper accounting records which disclose with reasonable accuracy al any lime the
financial position of the charitable company and enable them lo ensure that the financial statements comply with the Companies Act
2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
In so far as the trustees are aware..
there is no relèvant audit information of which thè charitable company's auditors are unaware., and
the trustees have laken all steps that they ought lo have taken lo make themselves aware of any relevant audit information
and to establish that the auditors are aware of that information.
Statement of disclosure to the auditors
The directors confinn that..
So far as the directors are aware, there is no relevant audit information of which the company's auditors are unaware., and
The directors have taken all steps they ought lo have taken as a director in orcler lo be aware of any information needed by
the company's auditor in connection with preparing their reports and lo establish that the company's auditor is aware of that
information.
Small company provislons
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small
companies regime.
Auditors
Emmanuel Church Wimbledon will continue lo use Xeinadin Audit Limited as our auditors in 2026.
On behalf of the Church Council
ZJ CJL
Edward Coleridge
Trustee
Dale 21 July 2025

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Independent auditor's report to the members of Emmanuel Church Wimbledon
Opinion
We have audited the financial statements of Emmanuel Church Wimbledon {the 'charity I for the year ended 31 December 2024
which comprise the Statement of Financial Aclivilies. the Balance Sheet. the Statement of Cash Flows and the notes lo the financial
statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Slandard 102 The Financial
Reporting Stand8Arl applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as al 31 December 2024 and of its incoming resources
and application of resources for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and
have been prepared in arxordance with the requirements of the Companies Act 20Cfj.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing {UK) (ISAS IUKI) and applicable law. Our
responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial slalemenls
section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant lo
our audit of the financial slalemenls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidenGe we have obtained is suffiGient and
appropnate lo provide a basis for our opinion,
Concluslons relatlng to golng concern
In auditing the financial slalemenls, we have concluded that the trustees, use of the going concern basis of accounting in the
preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that.
individually or collectively, may cast significanl doubl on the Charity's ability lo conlinLJe as a going concern for a period of al leasl 12
months Irom when the financial statèments arè authorised for issue.
Our responsibilities and the responsibilities of the trustèes with respect to going concern are described in the relevant sections of this
report.
Other information
The other information comprises the information included in the annual report, including the trustees, report, other than the financial
slalemenls and our auditor's report thereon. The Iruslees are fesponsible for the other information contained within the annual report.
Our opinion on the financial statements does not Cover the other information and, except lo the exlenl othefwise explicitly slated in
our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the othèr information is materially in¢onsislenl
with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated.
If we identify such material inconsislencie5 or apparent material misstalemenls, we are required lo determine whether this gives rise
to a material misstatement in the financial slalemenls themselves. If, based on the work we have performed, we conclude that there
is a material misstatement of thi5 Other information, we are required to report that fact.
We have nothing to report in thi5 regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the Gourse of our audit..
the information given in the trustees, report, which includes the directors. report Pfepared for the purposes of company law,
for the financial year for which the financial slalements are prepared is consistent with the financial stalemenls., and
the directors, report included within the trustees, report has been prepared in accordance with applicable legal requirements.

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Independent auditor's report to the members of Emmanuel Church Wimbledon
(continued)
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not
identified material misstatements in the directors, report included with the Iruslees, report.
We have nothing lo report in respect of the following matters in relation lo which the Companies Act 2006 requires us to report lo
you if, in our opinion..
adequate and proper accounting records have not been kept, or returns adequate for Our audit have not been received from
branches not visited by us.. or
the financial slatemenls are not in agreement with the accounting record5 and returns., or
certain disclosures of trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit,, or
the trustees were not entilled to prepare the financial statements in accordance with the small companies regime and take
advantage of the small companies exemptions in preparing the trustees, report and from the requirement lo prepare a
strategic rèport.
Responsibilities of tru8tee8
As explained more fully in the Iruslees, responsibilities statement, the Iruslees, (who are also the directors of the charitable company
for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give
a true and fair view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial
stalemenls that are free from material misstatement, whether due lo fraud or error.
In preparing the financial statements. the Iruslees are responsible for assessing the charity's ability lo continue as a going concern,
disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless thè Iruslees either
intend to liquidate the company or lo cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material
misslatemenl, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a
high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a material
misslatemenl when il exists. Misstalemenls can arise fiom fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial
slalements.
The extent to which our procèdures are capable of detecting irregularities, including fraud is detailed below..
Based on our understanding of the charily, we identified that the principal risks of non-compliance with laws and fegulalions related
to employment, financial reporting legislation and health and safely regulations and we considered the extent to which non-
compliance mighl have a material effect on the financial slatemenls. We also considered those laws and regulations that have a
direct impact on the preparation of the financial statements such as the Charities Act 2011.
We assessed the susceptibility of the charity's financial slalemenls lo material misslatemenl, including obtaining an understanding
of how fraud mighl occur, by making enquirie5 of management, considering the internal controls in place and discussion amongsl the
engagement team.
We determined that the principal risks were related lo managemenl bias in accounting eslimales, presentation of separately disclosed
items, income and expenditure categorisalion and management override of controls.
In response lo the risks identified we designed procedures which included, bul were not limited lo challenging significant accounting
estimates such as depreciation of tangible fixed assets, agreeing financial statement disclosures lo underlying supporting
documentation. reviewing income and expenditure codes for accurate recording, identifying and testing journal entries, reviewing
trustee meeling minutes and evaluating the charity's internal controls.

EMMANUEL CHURCH WIMBLEDON
For the year ended 31 December 2024
Independent auditor's report to the members of Emmanuel Church Wimbledon
(continued)
There are inherent limitations in the audit procedures described above and the primary responsibility for the prevention and detection
of irregularities including fraud rests with management. As with any audit, Ihere remained a risk of non-delection of irregularities. as
these may involve collusion, forgery, intentional omissions. misrepresenlalions or the overnde of internal controls.
A further description of our responsibilities for the audit of the financial stalemenls is located on the Financial Reporting Council's
website al.. hltp.'Ilwww.frc.org.uklaudilorsresponsibilities. This description forms part of our audilols report.
Use of the audit report
This report is made solely to the charitable ¢ompany's members, as a body. in accordanGe with Chapter 3 of Part 16 oflhè Companies
Acl 2006 and regulations made under Ihal Act. Our audit work has been undertaken so that we might slate to the charitable company's
members those matters we are required lo stale lo them in an auditors, report and for no other purpose. To the fullest exlenl permitted
by law, we do not accept or assume responsibility lo anyone other than the charitable company and ils members as a body, for our
audit work, for this report, or for the opinions we have fomied.
Miriam Hickson FCA (Senior Statutory Auditor}
for and on behalf of Xeinadin Audit Limited
Statutory Auditor
Chartered Accountants
5 Robin Hood Lane
Sullon
Surrey
SM1 2SW
Dated. 21 July 2025
10

f4
¢9 ¢0
7Jf
> ¢D
co ¢
rain
¢7J
p)0
O) (D
ou)

EMMANUEL CHURCH, WIMBLEDON
Balance Sheet at 31 December 2024
2024
2023
Note
FIXED ASSETS
Property, plant and equipment
Investments
Investment Propety
6,542,842
176,251
420,000
6.662.300
171,773
420,000
10
7,139,093
7,254,073
CURRENT ASSETS
Debtors
Cash al bank
21,020
172,539
46.773
267.471
193,559
314.244
Cfedilors.. amounts falling due within one year
12
{22.161)
131,533)
NET CURRENT ASSETS
171.398
282,711
TOTAL ASSETS LESS CURRENT LIABILITIES
7.310,491
7,536,784
NET ASSETS
7,310,491
7.536,784
FUNDS
General unreslricted fund
Propety fund (unreslricled. including revaluation reserve of £265,000
12023. £265,000)
Rèstricted fund
Endowment fund (including revaluation reserve of £61,307 (2023..
£56,829)
13
114,126
145,957
6,954,900
7,072,570
89,543
13
13
241,465
228,714
TOTAL FUNDS
14
7,310,491
7,536,784
These financial statements have been prepared in accordanc6 Wlth the special provisions of Part 15 of the Companies Act 2006
relating lo small companies.
Signed on behalf of the trustees on 21 July 2025
Edward Coleridge
Trustee
The notes on pages 14 to 25 form part of these financial statements.
12

EMMANUEL CHURCH WIMBLEDON
Statement of Cashflows for the Year Ended 31 December 2024
2024
2023
Cash flows from operating activities
Nel (expenditure)
1226.2931
(179,570)
Adjustmenls for..
Investment in¢ome
{90,880}
119,458
14,478}
25,753
9.372
178,8441
119,566
4,133
{40,8221
12,115
Depreciation
(Gainlnoss on investments
Decreasel{increase) in debtors
{Decrease)lincrease in creditors
Net cash (used in) operating activities
{185,812}
1163,4221
Cash flows from Investing activities
Investment income received
78,844
Net cash generated from investing activities
90,880
78,844
Net (deereaso) in cash
(94,932)
{84,578}
Ca8h and cash equivalents at the start of the year
Cash and cash equivalents at the end of the year
267,471
352.049
172 539
267.471
13

EMMANUEL CHURCH, WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
1, Accounting Policles
Emmanuel Church Wimbledon is a company limited by guarantee incorporated in England and Wales. The registered office is
Emmanuel Church, 24 Ridgway, London SW19 4QL.
1.1 Basis of preparation of financial ststements
The financial statements have been prepared under the Companies Act 2006, the Charities Act 2011 and in accordance with
the Charities Slalement of Recommended Practice (Chanlies SORP {FRS 1021) and Financial Reporting Standard 102 {FRS
102}. The financial slatements are prepared in sterling, rounded lo the nearest pound. The charity is a Public Benefit Entity as
defined by FRS 102.
The financial statements have been prepared on the historical cost convention, modified lo include the revaluation of investment
properties and lo include certain financial instruments al fair value. Thè principal accounting policies adopted are set out below.
1.2 Golng concern
The charity has shown a similar levels of income in 2024 compared lo 2023. Our Budget for 2025 shows that we plan to hold
at a similar level of cash reseNes for the year, which will be over the minimum levels the Trustees like to hold..
The charity does also still relain significant assets that could be liquidated (houses, other funds etc) in the event Ihat cash
reserves fell further. However that is extremely unlikely to be requirecl.
Accordingly, the financial statements have been prepared on a going concern basis and do not include any adjustmènts that would
be required should the charity no longer be a going concern.
1.3 Income
Donations and other income are recognised when received and an estimate of income lax recoverable is recognised when the
related donations are recognised.
Gifts in kind arè a¢¢ounted for when received or when their fair value can be reasonably ascertained whichever is the earlier.
Income from investments is recognised when Emmanuel Church Wmbledon are entitled lo the income.
1.4 Expenditure
All expenditure is accounted for on an accruals basis when the expenditure is incurred. Grants payable are accounted for when
the grant is paid or when awarded if that creates a binding obligation on the Church.
Support costs are minimal due to support roles being performed by volunteers. They consist of the governance costs of the
charity.
1.5 Tangible fixed assets
Property. plant and equipment is held at cost less accumulated depreciation. Property was transferred lo the entity on 1 January
2013. These assets have transferred across at a combination of fair value and insurance value5. The values applied are deemed
lo be the cost of Ihese assets going forward and will be held at cost less accumulated depreciation. Depreciation and amortisalion
is calculated as follows..
Land.,
Freehold buildings..
Leasehold buildings.
Property Plant and Equipment..
30 years slraighl line
125 years straight line
4 or 10 years straight line
1.6 Valuation of investments and investment properties
Investments are held al Ma￿et value at the year end. Realised gains and losses are recognised when assets are sold.
Unrealised gains or losses on investments are accounted for on revaluation of investments al each year end. Investment
properties are held al fair value.
14

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
1. Accounting Policies (continued)
1.1 Debtors
Legacies, lax recoverable on donations and other debtors are included al the settlement amount due. Prepayments are valued
81 the amount prepaid.
1.2 Cash and cash equivalents
Cash at bank and in hand includes cash and short term highly liquid investments with a short malurily of three months or less
from the dale of opening of the deposit.
1.3 C￿dItorS and provislon8
Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably
result in the transfer of funds lo a third party and the 8mounl due lo settle the obligation can be measured or estimated reliably.
Creditors and provisions are recognised al their settlement amount.
1.4 Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments
aTe initially recognised at Iransaclion value and subsequently measured at their selllemenl value.
1.$ Pension scheme
The Church participates in Church of England Funded Pensions Scheme and the NEST scheme, as detailed in note 15.
1.6 Funds
Unrestricted funds are general funds that are available for use in furtherance of the objectives of the charity. Designated funds
are unreslricled funds sel aside for specific purposes. Restricted funds are those donated for use in a particular area or for
specific purposes. The endowment fund is an investment only to be used for a critical financial need of Emmanuel Church, as
explained in note 13.
1.7 Foreign exchange
Foreign currencies have been converted into £ sterling at rates of exchange approximating lo those ruling al Ihe Balance Sheet
date.
1,8 Critical accounting judgements and key source8 of e8tlmatlon uncertainty
In the application of the Charity's accounling policies, the Trustees are required to make judgements. estimates and assumptions
about the carrying amount of assets and liabilities that are not readily apparent ffom other sources. The estimates and underlying
assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ
from these estimates.
There were no specific judgements. eslimales and assumptions that were Critical lo the preparation of these financial statemenls.
15

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
2. Income
2024
2023
Unrestricted
funds
Restricted Endowment
fund
funds
Total
Total
Donations, legacies and similar income
Standing orders
Irregular Gift Aid donations
Tax recoverable
Other tax efficient donations
Service collections via Gocardless terminal
Legacies
Other donations
298,479
10,740
82.872
9,963
4,299
302.778
10.740
83,172
9,963
286,914
125,500
100,323
59,351
1,000
300
1,000
14,185
1,000
14,185
20,961
417.239
4.599
421,838
594,049
Investment income
Dividend income
Rental income
Bank interest
10.773
10,773
78.551
1,556
10,235
67,364
1.245
78,551
1,556
80.107
10.773
90,880
78,844
Miscellaneous income
55,369
55.369
25.338
TOTAL INCOME
552,715
4,599
10,773
568,087
698,231
Tax efficient donations are donation5 made by or through organisalions such as the Charities Aid Foundation and
private charitable trusts, which are responsible for recovering income lax paid by the donor. Accordingly, no further
lax is recoverable by the Church.
16

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
3. Expenditure on charitable activities
Note
2024
2023
GENERAL & RESTRICTED FUNDS
Work at Emmanuel
Staff salaries, payroll taxes etc
Staff housing
Staff expenses
Ordinands and trainees
Church mainlenance
Staff house maintenance
Church ulililies and church overheads
Youth work and church groups
Printing
Slalionery and postage
Evangelism expenditure
Houseparties, seminars and conferences
Diocese pledge
Other expenditure
Professional fees
Audit fees
Other fees to auditor
Depreciation
253,195
41,122
14,083
5,361
26,917
14,579
108,738
10,524
5,632
219
9,852
1,704
17.912
10,555
5,756
6,750
4,534
1,788
260,077
38.958
6,063
4,355
30,959
29,967
79,267
14,468
5,866
216
7.411
6.231
17,340
14,906
10,665
7,680
6,480
1,896
Total operating expense of running Emmanuel
539,221
542,805
Support of gospel work in UK
41,833
62,661
Support of gospel work overseas
100,134
150,532
TOTAL GENERAL & RESTRICTED FUNDS EXPENDTURE
681,188
755,998
PROPERTY FUND
Depreciation
117.670
117,670
TOTAL PROPERTY FUND EXPENDTURE
117,670
117,670
TOTAL EXPENDTURE
798,858
873,668
The lolal operating expenditure was £798,85812023.' £873,668) of which £614.23612023'. £747,543) was general..
£117,670 (2023.. £117,670) was from the propety fund., £nil {2023.' £nil} was designated and £66,952 {2023.. £8,455)
Was restricted.
All the support costs for the Work at Emmanuel relate lo finance, administration and property maintenance.
17

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
4. Support of Gospel Work In the UK
Grants from the General Unreslricled Fund were as follows..
2024
2023
UK Grants: Regular Support
St Catherine's, Tranmere
Christchurch, Lowesloft
Spinnaker Trust
Wellfield Trust
Holy Cross. Gleadless Valley
St Nicholas. Tooting
Christian Prison Resources
Oplions, Wimbledon
St Andrew's, Kendray
St George's, Wembdon
South Asia Forum
Merton Street Pastors
5,000
6,583
333
6,000
4,000
7,500
6,417
3,000
6.000
1.336
2.750
5,000
6,000
4,000
1,533
3,000
2,250
4,000
6,000
3,167
2,000
UK Grants: One off payments
Friends International
BeconlTee Church
Sl GeoTge's, Dagenham
Sl Andrews, Slh Wirnbledon
Sl Andrews, Ashton
Holy Trinity Chur¢h London
SASRA
Other
3,000
625
3,750
1.250
4,000
3,000
soo
2,083
417
41,833
62,661

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
5. Support of Gospel Work Overseas
Expenditure from the General Unrestricted Fund was as follows..
2024
2023
International grants
Institutions
Elhiopian Orthodox Church
iserve Africa
5.134
1.700
5.800
2,000
1,250
2,350
12,000
OMF
South Asia ¢on¢em
Zion
12,400
19,234
23.400
Individuals
Baldwin A&D
Ballinger J
Ben Williamson
Brown Chris & Lizzy
Clarke J&R
East R
Kenny J
LeachB&R
Lines A&M
Porter S
Townsend
Other
6,000
7,000
15,000
6,000
13,000
13,000
12,000
3.000
25,374
11.458
13,000
8,000
300
11,700
11,700
9,000
2,000
22,400
7,000
11.100
80.900
127,132
Total international grants
100.134
150,532
Grants for the benefit of the organisations listed above include direct payments to ordinands, trainees and missionaries
associated with the relevant organisalions.

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
Staff Costs
2024
2023
Salaries
Social security costs
Pension costs
208,625
13,786
30,804
198,439
12,022
49,616
253,195
260,077
The average numbèr of employees during the year was 9 {2023: 10}.
The salaries paid were the nomial salaries for the posts. There wer@ no emoluments of more than £60,000 paid to any individual
employee in either year.
During the year, members of the Church Council were reimbursed for expenditure incurred on behalf of Ernmanuel Church.
There was no reimbursement of personal expenses nor any other benefits made available to members of the Church Council.
Other than the employed staff, no member of the Church Council received any remuneration from Emmanuel Church.
During the year no Iruslees received any remuneration or were reimbursed for expenses incurred (2023.. £nil).
Emmanuel Church Wimbledon is mana9ed by the trustees, with no senior management team employed. Therefore the
remuneration of key management personnel is £nil12023'. £nil)
Analysis of Expenditure
Actlvlty
Grant
undertaken funding of Governance
directly
activity
costs
2024
Total
2023
Totsl
Work at Emmanuel
Support for gospel work in the UK
Support for gospel work overseas
650.141
6,750
656,891
41,833
100,134
660,475
62,661
150,532
41,833
100,134
650,141
141,967
6,750
798,858
873,688
All staff costs are included as "Activity undertaken dirèctly for the work al Emmanuel. Work at Emmanuèl includes £119,458
(2023.. £119,566) of depreciation of the property, plant and equipment.
20

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
8. Property, plant and equipment
Freehold
property
Leasehold
property
PPE
Totsl
Cost
At 1 January 2024
Additions
Disposals
7,692,669
285,000
55,351
8,033,020
At 31 December 2024
7,692.669
285.000
55,351
8,033,020
Accumulated depreciation
At 1 January 2024
Charge for the year
Released on disposals
1.297,739
115,390
27,360
2,280
45,621
1,788
1,370,720
119.458
At 31 December 2024
1,413,129
29,640
47,409
1,490,178
Net book value at 31 Doc 2024
6,279,540
255,360
7,942
6,542,842
Net book value at 31 Dec 2023
6,394,930
257,640
9,730
6,662,300
9. Investments
These comprise units in the M&G Charifund shown al fair value at year end.
2024
2023
Fair value brought forward
Unrealised gain l {lossl
171,773
4.478
175,906
(4,1331
Fair value carried fomard
176,251
171,773
Historical cost
114,944
114,944
10. Investment Property
2024
2023
Fair value
At 1 January 2024
420,000
420,000
Revaluation gainlllossl recognised in slalement of financial activities
Al 31 December 2024
420,000
420.000
Historical cost
155,000
155.000
The investment propety is a shop on Ridgway, Wmbledon. The property was fomally valued in August 2017 by TSP, on an
open market value for existing use basis, The trustees confirm that the value has not subsequently materially changed as al 31
December 2024.
21

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
11. Debtors
2024
2023
Prepayments and accrued income
21,020
46.773
12. Creditors: amounts falllng due within one year
2024
2023
Accruals and olher creditors
22,161
31,533
13. Funds
Balancè at 1
January 2024
Income
Expenditure
Gains
Tran8fer8
Balancè at 31
December 2024
2024
Endowment
Hennell
AW Churchill
205,917
22.797
9,844
929
4,092
386
{2,5001
217,353
24,112
228,714
10,773
4,478
12,500)
241,465
Restricted
Grace Church New
Malden church plant
89,543
4.599
( 66,9521
{27.190)
Unrestricted
Property
General funds
7,072,570
145,957
{117.6701
{614,2361
6,954,900
114.126
552,715
29.690
7,218,527
552,715
{731.9061
29.690
7,069,026
Total funds
7.536,784
568.087
1798,8581
4,478
7,310,491
22

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
13. Funds (continued
Balanco at 1
January 2023
Income Expenditure
(Losses) Transfers
Balance at 31
December 2023
2023
Endowment
Hennell
AW Churchill
202,841
22,271
9.353
882
13,7771
1 3561
{2,500)
205,917
22.797
225,112
10,235
14.133)
(2,500)
228,714
Restricted
Grace Church New
Malden chLtrch plant
84,998
13,000
{ 8,455)
89,543
Unrestricted
Property
Gerieral funds
7,190,240
216,004
(117,670)
1747,543)
7,072,570
145,957
674,996
2,500
7,406,244
674,996
1865,213)
2,500
7,218,527
Total fund8
7.716,354
698,231
{873,868)
14,1331
7,536.784
Restricted funds
Grace Church New Malden church plant - funds to share the Gospel with the people living in the New Malden area by planning
a new church. During the year, Grace Church sel up their own charity. Donors were asked whether they wanted their donations
given to the new charity and these balances were paid acr05s. The transfer of £27,190 to General Funds are funds where the
donor agreed that this charity could relain those funds.
Endowment funds
The Hennell Endowmenl Fund has been set up from historical donations. 500/0 of the income arising, now capped al £2,500 can
be used for general purposes agreed between the Incumbenl and the Churchwardens. This is the transfer shown in the year.
The remainder of the income is reinvested with the capital only to be used for a critical financial need of Emmanuel Church.
The A W Churchill Fund has been set up lo provide capital for Emmanuel Church to use in a critical financial situalion.
14. Analysis of Net Assets by Fund
General
Unrestricted
Fund
Property
Fund
Restricted
Fund
Endowment
Fund
2024
TOTAL
2024
Fixed assets and investments
Cash
7,942
107,325
21,020
(22,161)
6.954.900
176,251
65,214
7,139.093
172.539
21.020
{22.1611
Current debtors
Current liabilities
Net assets
114,126
6,954,900
241,465
7.310.491
23

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
General
Unrestricted
Fund
Property
Fund
Restricted
Fund
Endowment
Fund
2023
TOTAL
2023
Fixed assets and investments
Cash
Current debtors
Current liabilities
9.730
120,987
46.773
131,533)
7.072,570
171,773
56,941
7,254,073
267.471
46.773
131,5331
89,543
Net assets
145.957
7,072,570
89,543
228,714
7.536.784
The propety fund is a specific fixed asset fund for the a¢quisilion and upkeep of properties, fabric and equipment.
15. Pension schemes
Emmanuel Church Wimbledon participates in the Church of England Funded Pension Scheme for stipendiary clergy, a defined
benefit pension scheme. This scheme is administered by the Church of England Pensions Board. which holds the assets of the
scheme separately from those of the Employer and the other participating employers.
Each participating employer in the scheme pays contributions al a common contribution rale applied to pensionable stipends.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. It is not possible to attribute
the Scheme's assets and liabilities to each specific Responsible Body, and this means contributions are accounted for as if the
Scheme were a defined contribulion scheme. The pensions costs charged lo the SOFA in the year are contributions payable
towards benefits and expenses accrued in that year, which werè £15,160 in 202312023.. £34.7961.
A valuation of the Scheme is carried out once every three years. The most recent Scheme valuation completed was carried out
at as 31 December 2021. The 2021 valuation revealed a surplus of £560m, based on assets of £2.720m and a funding target of
£2,160m, assessed using the following assumptions..
An avera9e discount rate of 2.70/0 pa..
RPI inflation of 3.80/0 pa land pension increases consistent with this);
CPIH inflation in line with RPI less 0.80/0 pa pre 2030 moving to RPI with no adjustment from 2030 onwards.,
Increases in pensionable stipends in line with CPIH.,
Mortality in accordance with 900/0 of the S3NA tables, with allowance for improvements in mortality rates from 2013 in line
with Ihe CM12020 extended model with a long lemi annual rate of improvement of 1.5/0, a smoothing parameter of 7. an
initial addition lo mortality improvements of 0.5 % pa and an allowance for 2020 data of O % {i.e. w2020 ~ 00/0).
Following finalisation of the 31 December 2021 valuation, deficit contributions ceased with effect from 1 January 2023, since the
Scheme was fully funded. The deficit recovery contributions under the recovery plan in force at each 31 December were as
follows..
/0 of pensionable stipends
7.10/0 payable from January 2021 to
December 2022
31 December 2021
31 December 2022
31 December 2023
31 De￿mber 2024
Nil
The legal structure of the scheme is such Ihal if another Responsible Body fails, Emmanuel Church Wimbledon could become
responsible for payin9 a share of that failed Responsible Body's pension liabililies.
NEST
The charity also participates in a defined contribution scheme run by NEST. The pension costs charged to the SOFA in the year
in respect of this scheme are £15,64412023.' £14,820}.
24

EMMANUEL CHURCH WIMBLEDON
Notes to the financial statements for the year ended 31 December 2024
16. Future Grant Commitments
Thé Church has made a commitment to pay grants in future on a rolling 3 year basis. The value ofthis commitment at the year-
end is c£420,000 over the next 3 years. No provision for future grants payable has been made in these accounts as the funding
is dependent on the level of income received by and the budget of the Church for future years as well as an annual review of the
progress against aims of the grant during the previous year. Where finances of the Church do not allow it or the annual review
is unsatisfaGtory, grant funding may be withdrawn.
17. Related Party Transactions
Donations from trustees received during the year amounted lo £21,08012023'. £35,266).
The daughter in law of Simon Blows received remuneration of £20,849 (2023.. £22,367}, employer Nl contributions of £1,622
(2023.. £1,831) and employer pension contributions of £2,31012023. £2,237).
In 2023 E Coleridge, a trustee, paid £12,000 for the rental of a charity property.
There were no other related party transactions.
18. Controlling parties
The company is controlled by ils trustees, Claire Stansfield, Edward Coleridge, lan Buchan, Tina McGhee and Joanna Grainger
whose liability on winding up the Company is limited lo £1.
19. Post balance sheet events
There have been no significant events subsequent lo the balance sheet date that are outside the charity's nomial aclivilies.
25