Trustees, Annual Report and Financial Statements The Parochial Church Council of the Ecclesiastical Parish of Bicester Emmanuel Registered charity no 1146630 Year ended 31 December 2024
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Team Rertor: Revd Peter Wright 6 finkers Lane Bicester, Oxon OX26 6ES Team Vicar: Revd lan Biscoe 8 Pippin Close Bicester, Oxon Cthurch Address: Emmanuel Church 2 Barberry Place Bi¢ester, Oxon OX26 3HA OX27 8AX Bank: The Co-operative Bank Skelmersdale Greater Manchester WN8 3GH Independent Examiner. Andrew Churchill Stone- FCA DChA Joint Treasurer. Mr Brian Hall Mrs Maureen McNally www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 The Parochial Church Counal {PCC) presents its Annual Report for the year ended 31 December 2024_ Reference and administrative information The PCC is a body corporate {PCC Powers Measure 1956, Church RepresenL3tion Rules 2022). The PCC is a charity registered with the Charity Comtnission. The full title of the charity is The Parochial Church Council of the Eccleslallical Parish of Bicester Emmanuel, registered charity number 1146630 (working name Emmanuel Chiirr.h Bicegter PCC). The address of the church office is 2 Barberry Placc, Bure Park, Bicester, Oxford5hire OX26 3HA The trustees, members of the PCC, at the time of this report, were as follows: Appointed ChaTr- Incumbent Pioneer Minister Associate Minister Associate Minister LInced Lay Minister lInCed Lay Minister Temi ! Ba515 of appointment Ex Officio ! Ex Officio COopted copted Ex Officio Deanery Syn1 Revd lan Biscoe Revd Erika Biscoe Revd Carol Hill Revd Peter Hill Philip Wilson Roger Winson 3 year temi Brian Hall Maureen McNallv Frorn May 2024 From May 2024 I I yÈar term l year term Church Warden Church Warden I Cheryl Clark. Café Manaeer Barbara Walton, Finance Manager Alexandra Arthey, Children's Worker Ksenija Jackson. Administrator and PCC Secretary From May 2024 From May 2024 From January 2025 From May 2024 l year term 2 year term l year term 2 year term Elected Elected Elected Deanery Synod & PCC Secretary Debbie Winson Rachel Jolly Tim Howard lan Godfrey Rebekah Moore Elizabeth Winson Phil Croxford Annle Croxford Rachel Williams Sarah Bargrove Darius Smith From May 2024 From May 2024 From May 2022 From May 2023 From May 2024 From May 2023 From May 2023 j From May 2023 From May 2024 From May 2024 From january 2025 3 yearterm 3 year term 3 year term 3 yearterm 3 year terrn 3 year temi 3 year term 3 year term 3 year term l year term l year term Elected Elected Elected Deanery Synod Elected Deanerv Syncxl Elected Elected Elected Elected Elected During the yearthelollowing roles changed.. Therese Adaran February 2024 Debbi Pardoe March 2024 Adrian Stone May 2024 Lesley Wasley July 2024 Helen R0551ter November 2024 Retired Retired Retired Retired Retired Elected Elected Elected Elected PCC Secretsry vdww.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Structure, govprnance and management The Parochial Church Council of the Ecclesiastical Parish of Bister Emmanuel {PCC) is a corporate body. It5 governing documents are the Parochial Church Council (Powers) Measure 1956 as amended and the Church Representstion Rules. PCC members are recruited in a number of ways. The incumbentand churchwardens are members by virtue of their office. Deanery Synod representstives are elected by the annual parochial church meeting (APCM) and hold office for three years. Other members of Ihe PCC are eletted at the APCM and hold office for three years. Additionally, PCC members may on occasion be co-opted. The PCC is responsible for all parish finance, its management and control, including the appointment of a treasurer. It is responsible to keep accounting records, which disc105e with reasonable accuracy the financial P051tion of the PCC thus ensuring that the financial statements comply with the Charities Act 1993 and the Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charitie5. The PCC is also responsible for safeguarding the charity's assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC is to ensure that the financial statements are examined by an independent examiner or auditor prior to their presentstion to the Annual Parochial Church Meeting. The Trustee5 are responsible for preparing the Trustees, Report and the financial ststements in accordan with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the incoming reSoUrS and application of resour5 of the charity for that period. In preparing these financial statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently Make Judgments and estimates that are reasonable and prudent Follow applicable accounting standards and statements of recommended practice, subjert to any material departures disclosed and explained in the financial statements Prepare the financial statements on a "going cOnm. basis unless it is inappropriate to presume that the harity will remain in operation. In addition to the Pccthere are the following committees: St(Inding Coinmittee This committee consists of the Team Vicar, the two churchwardens, treasurer and the PCC secretary with other people being invited to the Standing Committee as guests where desired. At the moment. the Finance Manager is invited to thc Standing Committee a5 there is no dedicaled Ireasurer. The committee has power to transact the business of the PCC between PCC meetings, Subject to any directions given by the council, reporting to the full PCC as appropriate. Other workin,q groiip,s Our team structure 1> btq5ed around the flve-fold minirIeS - Apostolic, Prophetic, Evangelism, Teaching and Pastoral. Incorporated within the teaching team is our preachin& children and youth work. Small groups, relationship5 and families work, are part of the Pastoral team. Worship. dance ministry and prayer link in with www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 the Prophetic team. The Evangelism team oversee our International mission partner links and outre.ach ministries including Forest Church, Foodbank and Christians Against Poverty. Adminlstratl()ii and 5upiiort strijctures Our support team comprises one paid role of Finance Manager. and volunteers as PCC secretary, Child protection officer, Buildings & Utilities Management and IT support, a part-time caretaker and a part-time cleaner. We also have a part tRme administrator helping the Tcam Vicar with Data Prtstection, Safer Recruitin Social Media and other projects as needed. From October she also took on the PCC Secretary role and in January 2025 joined the Finance Team as the Finance Assistant. De(Jnery Bicester Emmanuel is a parish lying within the wider Bicester Benefice, which is itself a part of the Bicester & Islip Deanery• In tlie Divce5e of Oxford. Blcester Emmanuel volunteers lead the Deanery Pilgrim Paths project which is developing small pilgrimage walks between the churches in the Deanery supported by walk leaflets that are being published. Objertives and activitles The objectives of the PCC are defined by the Parochial Church Counal (Powers) Measure 1956 as 'to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and èeumenical,. Statement ofpublic benefit Thc PCC confirms that we have referred to the Cl)<ll ity Cotnmi55ion's guldance on public benefit, in particular the specific guidance on charities for the advancement of religion. when revigwine the Pcc's aims and objectives and in planning future activities. The PCC also confirms that the trustees {i.e. the PCC members} have had due regard to the Charity Commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant. The PCC provides benefit to the public by.. the provision of regular public worship that is open to all. the provision of pastoral work including the visiting of the sick, the elderly and the bereaved. the teaching of the Christian faith through sermons. home groups, children's meetings, and links with the local schools. the promotton of the Cliristtraii f*aiiki ihroush vartQU5 events organlsed by the PCC. the support of other charities involved in Christian outreach and development. The vision of Emmanud Church Bicester {ECB) is to lead people to a Pla where they can experience fullness of life through faith in our Lord Jesus Christ. {John 10.10) and discover healing and wholeness in the power of the Holy Spirit (I Corinthians 12.1-11). We believe God is calling us as a church to be like streams of living water flowing outfrom the building into our local communities. IEzekiel 47.1-12) ECB relies on the voluntary work of about 48 people across its various ministries and the PCC very much appreciates their service to the church and the local community. wWw.emmanuelbi5ter.0Wuk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financi21 Ststements 2024 Achievements and performance Revlew of the year ECB has grown throughout 2024. We have seen the church continue to develop in its multi culture nature. It has been encouraging to see people join the church from across the world including many African nations, Hong Kong and Europe. We have seen a Erowing collaboration across the children. youth and dance ministries with gifted teams working together with our children and young people. Some important decisions and highlights from 2024 were: PCC away day agreeing the church's stance on same sex blessings Start of the Emmanuel dance ministry Pastor Sriyamal Fernando's three month visit to the UK 10-year celebration of the Cherish ministry Appointing a Children, families and school's worker at ECB Securing funding for a Children, families and schools minister on Elmsbrook Appointing a new associate minister to oversee Hope Church Intcrnational meal Electoral roll The overall electoral roll was 169 at the APCM in May 2024 (164 in May 2023). Sunday Services and attendance The avera8e attendance in 2024 for a Sunday morning Servi was 99 (In 2023 they were 991- The weekly average online viewing figures for 2024 were 70 views per week (In 2023 they were 81). Hope Church at Elmsbrook In 2024, Hope was being led by a lay leadership team originallyfrom ECB. however a new part-time vicar has stsrted in January 2025. The ECB Team Vicar has continued in a supervisory capacity throughout 2024. Hope still fdll¥ uiider the ECB PCC for its wider governance. Average sunday attendance is about 22 people (2023: 30). Hope Sunday services arE* in a reeular routine of meetin8 in the Perch Business Centrc where several of the community have become regular members, and a few are on the fringes. There are three home groups meeting regularly every other week and a weekly prayer meeting now attended by a quarter of the congregation. Hope members join togetherfor adhoc'equipping sessions, growing together in areas such as prayer. discipleship and the prophetic, some online led by The Filline Station. Hope f2cilitxtp.d 2 'fnm@ and See, course during L•nt. Hope also runs 'Creative Spa, once a month at the Perch for the church and the local community. A team from Hope runs a cafe on Fridays together with volunteers from the local community for local residents and see around 20 to 30 people each week, including a number from the Ukrainian refugee population here in Bicester. Over the last year the church has run a number of seasonal events for the community including a Quiz night in aid of Tearfund and a pro551ng carol service. as wp.11 as supporting and participating in the community music evenings and social events in the Perch, run bythe resident's association. Hope also facilitated an event for the local Ukrainian community and helped run a couple of stslls at the Gagle Brook school Easter Fair. Forest Church Forest Church gatherings explore ways of understsnding and worshipping an all-powerful. all-seein& perfect Creator God. The vision is: To allow people to enjoy being outdoors, seeing. hearing, smellin& and even tasting, God's creation. To develop a sense of awe and wonder of God's greatness, from the galaxies to the spiral of a snail shell. To have time to reflect as an individual, and to have time to share with the gathering. www.emmanuelblcester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Throughout summer 2024 we gathered in the garden of Emmanuel Church and then in the autumn we trialled using the Muddy Church material on Elmsbrook's Community Forest School. In 2025 we expect to continue both Forest Church In the Garden at Emmanuel Church and Muddy Church for families on Elmsbrook. Space Makers for families Space Makers for families, 15 a family friendly gathering with a nutritious home cooked meal and it was meeting the second Friday of every month until July. The format was kept very simple to be a welcoming spacc where friendships can be developed. As people arrived after light refreshments, the children were invited to play games or craft activities, with parents invited to chat about the joys and challenges of parenting. The structured part of the meeting began with a worship song and families were invited to the dinnertable. Before the meal Was served, the Schools Outreach worker led everyone in a short time of prayer and reflection. After the summer holidays Space Makers forfamilies was relaunched meeting on a Saturday morning On a ¥TTonth between 11am and Ipm. It is Still based around a family friendly gathering with a nutritious home cooked meal. The new Space Makers team invite families to enjoy craftsi games, Bible stories and son85 before enjoying a hot cooked meal together. Cherlsh Cherish .-.made for such a time as this... is a six-week faith journeyforteenage girls and women of all ages in which they discuss contemporary life issues such as low self*steem, depression and eating disorders interwoven with the book of Esther, and where they are also taught a new skill uf performing a baslc manicure. Cherish is redemption through sharing story. There were no in house courses in 2024 as Erika was acpted on a yearfs course with The Lions, a Christian organisation that champions pioneers and entrepreneurs. Erika has been offered another year of mentoring and some seed funding for Cherigh. Cherish celebrated iys tenth anniversary in November with a tea party Style event with stories shared from past and present participants. It a150 applied at this time for independent charitable ststus as Cherish Ministry although for the moment its ministry will continue under ECB'S rnantle. Cherish continues to flourish at Waddesdon Secondary school with the yearlo girls as part of their PHSE programme with three courses planned to run this academic year. Erika has also been asked to go in and meet a couple of pupils on a one-to-one basis. Cherish products continue to be popular and are becotning a helpful source of Income towards running the courses. We had a SUCSSfUl Christmas craftfair in November with gross sales of over £700 where we offered free hand massages. We also sell the products in the café area, and have launched an online Etsy shop. Chaplaincy Wyndham Hall Care Horne: Carol Hill dccided to properly retire from regular chaplaincy dulle5 at Wyndham Hall Care Home (WHCH) from the end of 2024. She had enjoyed manyfriendships overthe years and was always grateful forthe support of the care home staff, who went out of their way to ensure all residents had ac55 to spiritual care. Carol will remain 'on call, for those times residents might request specifically to See a priest and for end-of-life care. Roger Winson and Dorothy Wllliams take a monthly service in the main lounge which includes sung worship, prayers and a brief talkfollowed by a short period of fellowship. They are grateful to the staff who are very supportive in arranging for residents to attend. HMP Grendon and Springhill: Peter Hill provides chaplaincy in Grendon and Springhill prtsons. Since the expiry of his license on reaching age 70 and becoming a PTO, he no longer attends during the week except for Team meetings and security briefings. There 15 curreiilly ¢1 vacancyfor a part tlme Roman Catholic chaplain which management have decided not to fill, this causes extra work forthe rest of the team. As there is a new free church chaplain there is onlythe requirement to attend one Sunday a month expt to cover holidays and sickness. The congregation at Grendon remains quite static due to the length of time men spend there, but at Springhill it fluctuates due to www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 discharges, and day release. Please pray th* the work of sharing the good news of Christ continues 3nd make visitors to Emmanuel welcome as some of the men out forthe dayfrom Springhill have attended our morning worship. Small groups Most of our small groups meet in people's home5 during the week. The number and structure of groups is kept under regular review. Newcomers to the church are encouraged to join a Small Group. Small groups are important in enabling people to stay connected and providing pastoral care and 5upporL Youth ministry This year has been a good one for youth ministry at ECB with areas of change and growth. We have had two main strands of our youth ministrythis year: Flaiiies- Sunday Morning meetings on tst, 2nd and 3rd Sunday of each month. This has consisted of bible studies. prayer and cre.ative artivities. Ignite- From Septernber, we began a Friday youth club on the last Friday of the month. This has provided opportunities for young people to bring their non-christian friends into a safe space where they hear Christian music, play games and have a safe space to be instead of being out on the streets. Chlldren Familles and schools ministry The Schools Worker role has evolved to a Children FamTlies and Schools worker to better facilitate outreach activities beyond the local schools. We run separatc thildren's groups the first three Sundays of each month with all age ser4ices on the fourth Sunday of the month. The groups consist of 'Sparklers' for children up to Reception and 'Fireworks' for School years 1-6. The groups are coordinated by the Children Families and Schools worker and depend on a minimum of 4 volunteers each week. Groups include a short talk, crafts and games. Outreach events for local families include a Light Party as an alternative to Halloween, monthly Space Makers for families and Muddy Church. School outreach is continuing at Southwold Primary School. Music and worship We continue to use Ising and currently have four worship leaders and one overall worship leader, Hannah Tillbrook, with strong vocals who compile a group each week from a bank of other singers and a flautist. We are continuing to pray for musicians. In 2024, a Gospel Choir was formed at ECB under the leadership of Yvonne Smith. This choir has members across the churches in Bicester enabling people to worship the Lord in a different style from what was available. They have performed at a number of special church services induding having a Gospel led Carol Concertfor Christmas at ECB in December. Dance Ministry ECB'S Dan ministry is a new ministry lead by Sarah Bargrove Sarah has developed a foundational handbook including the biblical basis for the ministry as well as how to work within and strengthen and join into the church's existing structures of worship, preaching and children and youth ministries. The team has connected with Moveineril ITI Wur5hip IMIW) to gain training on using flags and banner5 as part of ministry in the church. Miw was also invited to ECB to lead 3 5tsccessful spiritfilled workshop open to any member of the churches in Bicester to attend. Plans are being made for a second workshop in 2025 as well as fortraining Sarah to be an Miw trainer. Flags, ribbons and dan scarves have begun to be used in ECB'S Sunday morning services by both adults and children. More flags will be purchased in the coming year, with a hope that this will enable more people to worship God using dan as a medium during sung worship times. The Bridge Café The cafe has continued well during 2024. Our patrons are ever changing and cover all age ranges. We currently have a thriving baby group on a Tuesday morning, a bible study on a Wednesday, Knit & Natter on a Thursday and the camera club also meet once a month on a Thursday. The school next door have been placing regular www.emmanuelbi¢ester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 orders usually twice a week throughout term time and this continues to help us build relationships with the teachers there. We have had people attending church directly from conversations in the cafe. We also took on a young man from The Cooper school for some long term work experience during the year who has also attÉnded the youth groups here. 2024 has been a SucsSfUl year both in monetary and kingdom building terms. Mlsslon Partners Our Vision is to develop good links with a few carefully chosen Mi55ion Partners and to give away to our Mission Partners, and other charities, a trthe of the money given to ECB. Pastor Sriyamal and Doreen Femando, Negombo. SRI LANKA. Pastor Sriyamal has a passion for reaching people with the message of being saved through Jesus Christ. He is based in a church in the large coastsl city of Negombo, but has oversight of a number of smaller congregations inland. He lead5 a teatn taking services iii Iliv Ivi¢al pri5vns. lan and Erika visited 5rlyamal and Doreen in April 2019, and since lockdown, thev have had regular Zooms. Pastor Sriy3m31 visited the UK in gumme.r 2024, strengthening his links with Emmanuel Church and visiting new supporting churches. Marcelo and Silvana Var8as. La Paz. BOUVIA. Marcelo and Silvana had the vision to set up a Training Centre for Christian Mission in Bolivia about 30 years ago in La Paz. Students came to live on the campus for a week at a time for each module for each of the 10 modules a year. Since the start of the Covid pandetnic, teaching of the misslon tralnlng courses is on-line. This has meant that they can reach more students. Despite the limitations of this kind of learning. they have worked out ways to provide feedback and support each student. It is likely thatthey will continue on-line teaching in the future. Links With the other Churches in Blcester 2024 has been a difficult year for the Churches in Bicester minsterf group. Decisions made by various churches regarding their response to issues of human sexuality and sarne sex blessing has caused division and damage to the long-established unity and fellowship auoss the churches in Bicester. There is a review taking place to decide the future direction of the group but already some churches have left. This has affcctcd the joint projects 50 now only a few remain supported by all the churches in Bicester. The only remaining ad(ive and shared ministries are. Bicester Christian Action (BCA) BCA is the charity that runs the Food Bank in Bicester and gives boxes of nutritionally balanced food and support to people experiencing emotional or financial crisis. It continues to be busier than ever. ECB works with BCA and Hope into Action in running a refugee house fortwo Ukrainian families who otherwise would be homeless, to enable them to have affordable housing in the midst of the housing crisis in Bicester. Refugee Support Group The aim of CIBRS {Churches in Bicester Refugee Support) is to show the love of God to those displaced from their homeland through conflict by raising awareness through our nptworks within the d)urch@s, local authorities and local community. assisting with accommodation needs and supporting locally placed refugees through befriending, practical help, advice and signposting. Plans for future perlods a) Continue to look for ways to fulfil the Ezekiel 47 vision of streams of living water flowing from the church into the comiliuriity bring new life and healing. There is a sense from the ECB Prophets team that we are entering a new season as a church. b) Support and encourage the new Associate Minister and the Hope Church leadership team to grow a sustainable ministry on the Elmsbrook estate, exploring future patterns of ministy particularly with children and families. vw.emmanuelbicester.or&uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 cl Support and encourage the multi-cultural natsre of ECB. Enabling a diverse variety of people to step forward into their gifting and callings. d) Improve our IT and communication 5yStem5 including a new website and data base. e) Continue working toward5 a zero-carbon church with plans for electric heating systems, air source heat pumps, solar panels and battery storage. The Financial review Most our income is reiVed through tax efficient giving schemes" thus we have been able to recover an £29,910 from HM Revenue & Customs in 202412023: £30,009). The number of individuals who gave regularly in 2024 is 60 (2023: 72). The average gift given by these individuals not induding one-off gifts was £16412023: £132). Having a regular income is vitsl to enable ECB to continue supporting the vision we have for our congregatinn and community. We are grateful to God for his provision in a year of hardship for many in our congregation. Ourtotal funds, including the capitalised cost of the buildin& decreased by £47,272 from £1,096,952 to £1,049,680. General funds (not including the Fixed Asset Fund) increased from £61,479 to £63,140. The overall unrestricted (general plus designated including fixed assets) has increased from £99,861 to £115,015. Restricted funds have decreased from £997,091 to £934,665 (this includes the capitalised building cost). The main movement relates to depreciation of £61,458 (2023: £29,685). the increase being due to a recalibration of useful lives of certain assets and disP05a15 of lights which have had to be replaced. Grants and Donations The PCC aims to devote not less than IO% of its unrestricted income including donations, rentals and caté to mission and outreach, shared between local, national, and international acttvities. As a part of this, during the year, the PCC made grants of 5.9% of unrestricted donations {2023: 5.5%). In 2024, we have continued assisting individuals and families in hardship including a refug&family but have been able to do this through very generous gifts irito restrirted funds for this purpose. These restricted gtfts are not included in the above percentage. Further details are shown in Note 11. The PCC have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. Maintenan, repair, or replacement of essential installations is carried out periodically so that key operational objectives of the PCC are delivered. Fire, safety and alarm checks and inspections occur on a reRular basis as specified. All building and liability insurances are in place. reducing financial risk The Di0Se of Oxford recommended Safeguarding Policy has been adopted in full by the PCC. Reserves Pollcy The PCC aims to maintain general reserves at such a level that working capital is maintained at a level equivalent to approximately three to six months, general fund expenditure. Current reserves are approximately 4.43 months of general expenditure in a normal year so fall within this banding. The PCC is also aware that with the building getting older it needs to maintain some reserves for large buildTng repairs. Current plans are for the desigii%iled fund5 along with the restricted tnaintenance fund to be set aside for this purpose totalling £41,602. Approved by the PCC on the 18th of Marth 2025 and signed on its behalf by Sic Revd lan Biscoe Chairman 10 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Independent Examlner's Report to Emmanuel Church Bicester Parochial Church Council I report on the accounts of the Parochial Church Council of the Ecclesiastical Parish of Bicester Emmanuel for the year ended 31 December 2024, which are set out on pages 12 to 23. Responslbllltles and basis of reporr As the charity's Trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011{"the Acff I I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying out by examination, I have followed all the applicable Directors given by the Charity Commission under section 145{51{bl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect". The accounting records were not kept in accordance with section 130 of the Act. or the accounts did not accord wrth the accounting record5," or the accounts did not cornp with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be reached. Andrew Churchill Stone- FCA DChA Merf Lewin 6-7 Citibase, New Barclay House 234 Botley Rd Oxford OX2 OHP 8 April 2025 11 www.effltnanue1blstrr.Qrs,Uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Financial Statements for the Year Ended 31 December 2024 Statement of Financial Activities Notes Unrestricted Funds Designated Funds Restricted Funds Total Funds 2024 Total Funds 2023 * In¢ome and endowment5 f. Donations and Legacies Charitable Activitie5 Other 25,4X¢ IC6.841 2b 27,9 265 27,W 26,631 16.275 r28 17,LL)3 13,757 Investments Total 2d 442 378 L370 967 209,553 Expenditure on: Raising Funds Charitable Activities Other Activities Total 8,(Dl L576 8,238 3b 164822 87,651 251473 .718 3c 171821 214956 Net Incomel{Expenditure) Transfers between Funds (¢4261 147,2n) 003) other recognised pins/llossesTr. Gainsl{losses) on revaluation of fixed assets Gains/llossesl on investments Net Movement in Funds (q426) {47,2r21 (7,403) Reconclliation of funds: Total Funds brought forward Ilstjan) Total Funds carried fonp•ard131st Dec) 33,852 997,(Bl LCB6.952 049,680 L104.355 4(fj495Z "see note 10 forfvll comporatives Approved by the PCC on 18th of March 20Z5 and Signed on thelr behalf by Revd lan Biscoe (PCC chalm*n) Maureen McNally (Acting PCC Treasurer) 12 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Financial Statements forthe Year Ended 31 December 2024 Balance Sheet Notes Total 2024 Total 2023 Fixed Assets Tangible Assets Investments 5(a) 5(b) 902,151 956,509 902,151 956,509 Current Assets Stock Debtors Bank current account Cash 500 1,123 14,222 127.519 186 8,300 140,701 388 Liabilities due in one year Creditors {2,360) {2,6071 Deferred Income Net Current Assets/lLlabllltles) 147.529 140.443 Liabilities due afterone year Total Net Assets 1,049,680 1,096,952 Parish Funds U nrestricted Funds General 80.613 34,402 115.015 66,(9 33.852 99361 Designated Restricted Funds Endowment Funds 934,665 997.091 Total 1,049,680 1,096,952 The attached notes form part of these financial statements Approved by th• PCC on 18th ol March 2024 and 6iBned on their behalf by Revd lan Biscoe ( cNally IArting PCC Treasurer) 13 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended Dernber 2024 l. Accounting Policies The financial statements have been prepared under the Charities Act 2011 and in ac£ordance with the Church Accounting Regulations 21J)6, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable for charities preparing their accounts in accordance with FRS102 leffective l-january 20151- (Cliarities SORP FRS102I. Emmanuel Church PCC ionstilules a publii benefit entity a5 defined by FR5102. Stock Stock consists of Café and Cherish goods for Tesale and is valued at the lower of cost and net realisable value. Fixed assets Consecrated and benefice property is exduded frorn the accounts by &10121(a) & (C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on speaal trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected lét any reasonoble tiniel. Assei> ijwe i¢bpiidlisrd where Ihe Villue 15 greater than £5W and depreaated a5 follows: Freehold property- not depreciated - Plant and Machinery- >20 years - Church Equiprnent-3-5 years Pensions policy The PCC operates a defined contribution stakeholder pension scheme which is offered to all employee5. Assessment of going Conrn Having reviewed the financial position, the Trustees consider that there are no material Unrtaine$ about the hariws abilityto continue as a going Conrn and have a reasonable expectation that the charity has adequate rcsources to continue its acttvities for the foreseeable future. Accordingly, they continue to adopt a going concern ba515 in preparing the financial ststements. Statement of Cash Flows The Charity is dassified as a smaller charity arml is therefore exempt from the requirernent to include a Statement of Cash Flows in its finanaal statements. The trustees have tsken advantage of this exemption in FRS 102 and SORP Update Bulletin l and have not presented a Ststement of Cash Flows in these financial statements. The financial ststernents have been prepared under the historical cost convention. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church member5. Description of Funds Unrestrlcted funds are income funds which are to be spent on the PCCS general purpose. Designated Funds are part of the unrestricted funds eam)arked by the PCC for a particular purpose. Re¥(ricted funds comprise of two elements.. - a) income from trusts or endowrnents which may be expended only on those rcstrictod objects provided in the terrns of the trust or bequest b) donations or grants reiVed for a specific object or invited by the PCC for a specific object. The funds may only be expended on the speafic object for which they were given. Any balance remaining unspent at the end of each year must becarried forward as a balance on thatfund. The PCC does not usually invest separatÈlyfor each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Resources expended Grants and donations are accounted for when paid over. or when awarded, rf that award CTeates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when paid. Expenditure is generally recognised when Tt is incurred and is accounted for gros& 14 W.emmanuelbIee$ter.Org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended December 2024 (continued) 2 Income and Endowments from: Totsl Fund5 lthrestrhed Fu strkttd Fun& 2024 2023 Donations and Legacies Tax eff icient planned giving OthÈr planned glvlng Collertions at servi£es 92.271 14526 i(b,P)7 14,748 95,45 15.9T2 14,748 971 971 L378 2L038 All other non-fecuiringgi¥in& inc S3[ Appeats Gfft Aid Fecovered 6,511 4,143 16,265 29,810 LÈgacie5 recp_Èvpd IcapitAI valupl GraTrts: recurring (paid in more than one finanaal yearl Grants: non-re¢urring 250 4,350.IX) 143,411 .841 (JHiitable Acil¥ili•s ChorolArtfvks -StatutcJry Irp*Ainpd by PCC) Church cafe & events 476 476 53 26.799 265 27.( 24.728 Other 24 24 1372 OtherTradln¥ A¢tl¥Stle$ ChuFch and room hire 16.275 135 16,410 12.03 Cherish Income 593 593 L72 Other 16.275 17.LK13 11751 Bank Interest 992 378 1,370 96 1370 Total 214,778 209.553 15 www.emmanuelbieester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended December 2024 (continued) 3 Expenditure on: Lknrestrkted Funds Total Funds 2024 Total Ful$ 2023 Funds sing Funds C•Jts fjlGeneT¢rtffng thcole Church cafe & Chèrish Produrt Sal•s 7.6d3 L531 9.174 Other Charltable Acttvities Jldlvftks Mlsslon giving and donations li 10.958 I8.3 Diocesan Parish Share Contribution .551 FJ).551 Salaries/Wages Clergy and Staff Expensès Chwth Expense5 Church Expenses tEan9 li 53.169 53.169 X1,fj78 5.770 li 4,817 5,898 Big Church Day Out Churth running expenses Church uttlity bills Cost of trading 18,426 ,529 26.463 .670 IQ670 hfllr Copttol£¥p¢ndtttsrn Major Repairs to the Church PCCGoswntTKce Costs 6X) D•predotlD 6L4S8 63.897 26,102 Asset DhpOl 5.325 5.3 $7,651 251473 ,718 16 www.emmanuelbicester.or8.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended December 2024 (continued) 41a) staff Costs Salaries and stlpend5 Employer pension eontributiors 51.441 48,975 L72) 5&170 50A Durin8 the yearthe PCC employed 7 people on a part-time basis120. 6 people). Please see notes Iland 12 for additional information. No employee'5 remuneration exceeded £fQ,C(M) 11)23.' nill. A stakeholder pension scheme 15 Trn operation and Whe appropriate the PCC LX)nlrtbute5 4% of gros5 Salary foreach employee. There were no outstanding contributior owing to the pension scheme at 31 Decernber 3J2411123: nill. The Churth consider5 Rev lan Biscoe Ichair of Trustees) along with the Standing Committee to be part uf the key management pet50nnel. Rev laft 8i5coe 15 paid by the Diocèse of Oxford. Therefore the amount of employee benefits received by key management personnel fortheir servi5 duringthe year£nil {2023- £nill. See note 12forfurther details. 41b) PCC Costs Otherthan as di5d05ed in Note Ilthefe were no othertransaitions made Tn re5pert of PCC Member5, no otherPCC Memberreceived remuneration, benefitorrelmbur5ement of travelling or otherexpen5es relating to their role as tees. 51al TanEible Fixed Assets Freehold Chur Ildlngs machinery Equipmont At Costorvaluallon A5atlJan 2 743,Cn4 554,251 29,690 1.326,945 Addltions In the Year 14145 719 14,864 Disposal itt the Year Revaluation (if any) As at 31 D¢¢ 66.668 741(M )472B Accumulatsd Dopr•elatl¢) As*lJan 2024 347,244 23,192 370,436 Charge forthe Year Disposals 6L167 1730 63.897 6L343 61.343 As at 31 Doc X>24 347,068 Adjusted Net Botsk V4ue 2Q4 N•t Book Value at 31 Doc 21)24 9.)9 741• 9(,1 5{b) Investments- none 17 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements foryear Ended December 2024 (continued) 6 Debtors Gift aid redaims 3.(62 Loan Recelvable Prepayments Other Debtors L341 7 Liabilities Amountsfvlllng due in oneyear TTrde creditor5 Amountsfvlling dueofteroneyear Loans and overdrafts At the yearend. the amount due to the pension stheme was Nil12023- Nil) 8 Analysls of Net Assets - 2024 General Unrn5trirted Funds [SIgnated Funds Restrlctsd Funds Fixed A$5ets 949 Current Assets 617 5L7 149.889 Liabilitles- Amounts fallin¥ due within onè year {2,XBI 152) I2.3f) 934 ¥Cl49, Analysis of Net Assets - 2023 GeneTrl De51gn*ed Funds Restri¢ted Funds T•)tal 3)23 Vnrestrlcted Funds Fixed Assets 949,7 47. 9%.xe 143, Current Assets 6L Liabilit105- Amounts falling due within one year 11330) {277] {2.6071 997.LB LC96.95 18 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended December 2024 (continued) 9 Funds Reconciliation Aded ReseTve5 at iJ*24 TTrn5fers etVEeD Fund5 Reserves at 31 Dec 24 ResoUrS TEd Unrèstrithd Funds General fund IfQ6 147.5d {ll.3101 6Z639 General fixed asset fund 1.92 23.3 14,8 13.5541 17.473 Cafe 61 26.799 Total GeneTrl and Cafe Funds 17 DÈsl¥n4ted Funds PCCReserve Fund Total Deslgn•ted Funds Total Unrestricted tund$ 187,977 ll5,0 Restrfrted Funds Building Fund Maintenance Fund 944.98 646 vestreaming Fund Hope Church 47 iii 1639 IL82 Hardship Fund Kin85 Word MinistryTntst Cherfsh Ministry Youth Ministry Refugee Fund 8{ster Food Bank Z823 3,419 151 John Williams Fund 4.41 3.11 Other re5trirted funds iioi Totsl Restrlrted Funds 934.665 Total Funds Cafe Fund relates to the operatlon of the Café and includes all income from sales and purchase of food and related salary cost5. PCC Reserve Fund represents funds for whlch the PCC have discretion on how they are used. Building Fund represents the net book value of the church building and the bulk of its plant fixtures and other equipment: in prior years the Diocese Loan was included in this fund. A number of assets IvRter tank. light fittings and boiler) were being amortised at rates that were incompattble with their actual useful life This ha5 now been corrected in the current year. Livestreaming Fund represents the net book value of the VeStrePin8 Equipment purchased during COVID 19 lockdowns. Maintenance Fund comprises funds 5peafically donated forfuture major repairs of the Church buildlng Hope Church funds mission artrvities on the Elmsbrook estste for which funds are beirE donated. 19 bvww.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Ststements for Year Ended December 2024 (continued) Hardshlp Fund Is used to pay grants to individuals. Kings Word Ministry Trust is restrirted donations are given to the Kingsword Ministry Trust in Sri Lanka Cherish Ministry fund is to the Chèrish ministry. Youth Minlstry are funds that have been &Ven to gJPPOrt ECBS youth mlnlstry. Refugee Fund represents funds Ven speiifically for work with refugees in the Bicester area. Bank represents funds glven to be used for the workof the Bicestsr Food Bank. John Williams Fund represents fijnds r1ved to encourage those in varioustyts of ministry trainin& Other restricted funds includes smaller restrirted funds gIn for specific ministries of the thurch. 10 SOFA Comparatives Unre5trlrted Funds Notes Desnated Funds Restrkted Funds Total Funds 2023 Income and endowments from: Donations and Legacies Charitable Activities other 148,]92 168.198 2b 26,C86 26.631 2c IL037 i.T20 11757 Investments 2d 967 Total ZTI 209.$53 Expenditure on: Raising Funds Charitable Activities 7.771 8.238 3b 166.613 41105 2C4718 Other Activities Total 174.384 214956 Net Incomel(Expenditure) Tran5fer5 between Funds 11511 I20,) (536) 17,4031 536 Other recognised gainsl(losses): Gains/(losses) on revaluation of fixed assets Gains/{losses) on investments Net Movement in Funds 13.017 I2047) (7.&13) Reconciliation of funds: Total Funds brought fopward (1st Janl Total Funds carried fonpjard (31st Dec) 52.962 L017.928 1.104.355 997,0&1 I,(W952 20 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended December 2024 (continued) 11 Misslon gl¥lng, donations and outreach Unrestricted FuTrds Restrict•d Funds Totsl Funds Total Fund$ Mission giving and donations Blcester Chrlstl8n Action- Food Bank L4 L9 Christians Against Povertv King5 World Ministry Trusr- Srl Lanka Latin Link- ministry support in Bolivia Retugee Fund Children's Society Colledions Ben Biscoe L789 Jeremy Wild-smith Gill Gifford Movement In Worship The GardenTomb British and Foreign Bible Soaety Joel Davids-Austin IYWAM studies) Church Mission Soaety Scott and Hillary Dalton- Speakef5 gift 4Cg 16. 14217 Hardshlp and healing grants J:J Mission and evangelism chUh outreath events 416 Cherfsh Mlnlstry Hope Church (Elmsbrook Outreach) Schools OLrtreath Project Work L3 LO 5.562 17. Pioneer minister & School Outreach Worker Salaries/Wages 247 2023 comprises £20,101 unrestricted and £16,722 re5trictr(L in 2024 this was gFven direcuy Into tt Chlldren's SociWie5 ballkac£ovnt 21 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended December 2024 (continued) IZ Transactions with Related Parties RenwneYlon and beneftts Narn• of trustee tx Mnnert•d party logal authoffty Sal Emplopr Pension Emplopr Pension Sal¥y 21Y23Total Rev Erika Biscoe (Pioneer Minister. Wifè of Chairof Trustees and Ex Offiao PCC mèmb•rl Cheryl Clark IPCC mÈmber from November 20201 BarbaTr Walton IPCC mgrnberfrom November 3)1)I Ksenija Jackson IPCC Secretary from Octob4r 20241 Lesley Wasley IPCC memberuntil July 2024 Contr3Ct of employment 16.39 148 114 ContraLt of Èmployment Contrart of 13. 14. employment Contract of err¢ployment Contract of employment 6.228 9,391 Othertrang4¢lioTr{J) wlth tnlstees QT related plIeS Name of the trustse or related partv Relationshipts the ch Oes(¥lpilon of the Iran&10{s) Joe 15 a plumber by trade and did some work for the thurth relatlng to Inxalllng new hot water heers, a baptistry shower and repla¢in£ a broken h05e in the kitchen. The Buildings and Utilities Team is rèsponsible forthe contract without involvementfrom thè Rèvs Biscoe Son of Rev lan 8iscoe (Chair of Trustees) and Rtv Erika Blscoe Joe Bi5coe 11 L535 Emmanuèl Churth has an arrangement with the Bicester & Islip Deaneryto employ an administrative a55iStant on their behalf. Although this contract is wlth Emmanuel Churd7 Bicester. the Deanery ac£epts full responsibility forall these costs andtherefore the costs do not appear in the salary note a5they are fully reimbursed. The employee is also an employee of the thurth in other roles IKsenija Jackson). These costs arealso not induded in the salary amounts above. No memberof ECB 15 On the Bieestèr &151tp Deanery Board. Emmanuèl Churthsits wrthin the Bicéster & Islip Deanery 81$tr & Islip D@an8ry li Staff memberof ECB, on Intemshlpforlyear. Hiring and line management uJmpletel¥ independent of his fatherPhil Austin who resigned as a trustee in March 23. Joel Davids-Au5tin Son of a Trustee Trustee Donations The aggregate value of don*ions made to the churth byTrustees who sepied as PCC members and their related parties duringthe year was £36,80212023: £41780 l of which £S2312ry23.. £0) to rp5trirted funds. 22 www.emmanuelbicester.org.uk
Emmanuel Church Bicester PCC Trustees, Annual Report & Financial Statements 2024 Notes to Financial Statements for Year Ended December 2024 (continued) 13 Agent for Hope into Action Investor Group As part of the Hope into Action IHIAI initiative which is run together with Bicester Christian Action. Emmanuel Church Bicester holds the agency of funds held on behalf of the Trustees for the 22 investors who own the HIA house. These funds are maintained to cover any capital expenditure during the S year life of the projecL The funds for the previous project were held by Orchard Baptist Church as the lead church and changed hands as the project leadership changed hands. These funds are managed by the Investor Trustees on behalf of the investors. Related party transactions are already disclosed above. A balance of £5,173.75 was remaining in the fund at 31 December 2023, of this £1,763.40was spent in 2024 at the instruction of the Inve5tui TIu5tves. leaving a balance of £3,508.78 in a separate bank account in ECB'S name at the 2024 year end. This account is not induded in the accounts of ECB. 23 www.emmanuelblcester.or&uk