Registered number 07891735 Charity number 1150240 Immanuel Christian School (A company limited by guarantee) Report and Accounts For the Period ended 31[st] December 2020 ## **Immanuel Christian School** (A company limited by guarantee) **Company Information** |**Registered number**|07891735| |---|---| |**Charity number**|1150240| |**Registered office**|20 Frampton End Road| ||Frampton Cotterell| ||Bristol| ||BS36 2JZ| |**Trustees**|J R Gulliford| ||J V Gulliford| ||R F Gulliford| ||C A Cruickshank| ||F L Barber| ||G T Williams| |**Bankers**|HSBC Bank PLC| ||2 North Walk| ||Yate| ||Bristol| ||BS37 4AR| ## **Immanuel Christian School** (A company limited by guarantee) ## **Trustees Annual Report** The trustees who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the period ended 31[st] December 2019. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** Immanuel Christian School is a company limited by guarantee governed by its Memorandum and Articles of Association dated 23 December 2011 and registered as a charity with the Charity Commission for England and Wales from 19 December 2012. ## **Appointment of trustees** New trustees are selected and appointed directly by the existing trustees, for an indefinite period of service. ## **Organisational structure** The company is controlled by the governors, all of whom are trustees and directors. ## **Risks** The major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems or procedures have been established to manage those risks. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and activities** The objects and charitable purposes of the Company are to advance for the public benefit education in the United Kingdom, in particular but without prejudice to the generality of the foregoing, by establishing, maintaining, carrying on, managing and developing one or more schools with a religious character offering a broad and balanced curriculum conducted in accordance with the principles, practices and tenants of the Statement of Beliefs both generally and in particular in relation to arranging for religious education and daily acts of worship. ## **Achievements and performance** The school has continued to grow and flourish. Full time pupil numbers have increased to thirty-four (up from thirty the previous year). This included a good intake in the reception class. Further pupils are signed up to join in future years. The school successfully obtained planning permission from South Gloucestershire Council to erect an examination centre on its site. It is anticipated that this work will be carried out in 2021. ## **Public benefit** In planning and undertaking these activities the trustees have taken note of the Charity Commission guidance on public benefit. ## **Immanuel Christian School** (A company limited by guarantee) ## **Trustees Annual Report** ## **Public benefit (continued)** The school aims to educate children to a high standard, in preparation for contemporary society, in a supportive and happy environment which caters for the needs of the individual. The school is non-selective and is committed to small class sizes which enables education to be provided for pupils with a range of educational needs. The school is run as a non-profit making organisation with fees kept to a minimum to ensure widest possible access. The school offers financial assistance to those unable to meet the full fees payable. Further, the school actively seeks ways to establish itself as an integral part of the local community in which it is based. It was involved in a number of community initiatives in the village in which it is situated and nearby town. ## **FINANCIAL REVIEW** Income for the year was by way of voluntary donation and school fees totalling £199,497 (up from £120,112) with expenditure of £154,862 (up from £106,323). The unrestricted operating fund represents the charity’s free reserves. At the end of the year this was £116,450. ## **THE ROLE OF VOLUNTEERS** The school benefits from a high level of parental involvement and volunteer support. This provides a strong support base from which the school can efficiently function. The role of Headteacher in the school is currently undertaken by a volunteer. The value to the school in terms of the cost to fund a replacement is in the region of £46,000 per annum. ## **PLANS FOR FUTURE PERIODS** The charity will focus on extending its premises to facilitate an application to become an exam centre. ## **RESERVES POLICY** The trustees will aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to allow the charity to continue in an orderly manner whilst seeking additional sources of funds. For the period reported the unrestricted funds stand at £116,450. ## **RESPONSIBILITIES OF THE TRUSTEES** The trustees (who are also the directors of Immanuel Christian School Limited for the purpose of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. Company law 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 charitable company and of the incoming resources ## **Immanuel Christian School** ## (A company limited by guarantee) **Trustees Annual Report** ## **Responsibilities of the trustees (continued)** and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements the trustees are required to: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities SORP; - Make judgments and estimates that are reasonable and prudent; - State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity’s transactions and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the board on 30[th] August 2021. J R Gulliford Trustee ## **Immanuel Christian School** ## **Charity Number 1150240** Independent examiner’s report to the trustees for the period ending 31[st] December 2020. ## **Respective responsibilities of trustees and examiner.** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or **2.** to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mrs R Mildred 10 Walshe Avenue Chipping Sodbury South Gloucestershire BS37 6NR Date: 30[th] August 2021 ## **Statement of Financial Affairs** |**Details of own**
**analysis**
Note
**Incoming resources**
**Incoming resources from**
**generated funds**
Voluntary income
Activities for generating funds
Investment income
**Incoming resources from**
**charitable activities**
**Other incoming resources**
**Resources expended (Notes 3-4)**
Wages, salaries, pensions,
contractors
Insurance
Repairs, maintenance, light,
heat, water and telephone
Stationary, supplies and
marketing
Charitable giving
Legal and professional fees
**_Total resources expended_**
**_Total incoming resources_**
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**|**Details of own**
**analysis**
Note|**Details of own**
**analysis**
Note|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---|---|---| ||||-|-|-|-|-| ||||34,912|5,835|-|40,747|29,402| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||158,750|-|-|158,750|90,710| ||||-|-|-|-|-| ||||193,662|5,835|-|199,497|120,112| ||||||||| ||||118,684|3,863|-|122,547|86,894| ||||1,967|-|-|1,967|1,998| ||||18,472|-|-|18,472|5,809| ||||7,916|-|-|7,916|6,952| ||||-|-|-|-|562| ||||3,960|-|-|3,960|4,107| ||||150,999|3,863|-|154,862|106,322| ||||42,663|1,972|-|44,635|13,790| ||||-|-|-|-|-| ||||42,663|1,972|-|44,635|13,790| ||||||||| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||42,663|1,972|-|44,635|13,790| ||||75,329||-|75,329|61,540| ||||117,992|1,972|-|119,964|41,583| ## **Balance Sheet** |**Fixed assets**
**Tangible assets (Note 5)**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 6)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds**
**Endowment funds**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |---|---|---|---|---|---| ||120,000|-|-|120,000|120,000| ||-|-|-|-|-| ||120,000|-|-|120,000|120,000| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||116,450|3,514|-|119,964|75,330| ||116,450|3,514|-|119,964|75,330| ||||||| ||-|-|-|-|-| ||||||| ||116,450|3,514|-|119,964|75,330| ||||||| ||236,450|3,514|**-**|239,964|195,330| ||||||| ||104,500|-|-|104,500|104,500| ||-|-|-|-|-| ||||||| ||131,950|3,514|-|135,464|90,830| ||||||| ||116,450|||116,450|61,540| |||3,514||3,514|-| ||||-|-|-| ||||||| ||116,450|3,514|-|119,964|61,540| ||Signature||Print|Date of
approval
Name|| ||||Jonathan Gulliford||30/08/2021| ||||||| ## **Notes to the accounts** ## **Note 1 Basis of preparation** ## **1.1 Basis of accounting** The company was incorporated on 23 December 2011 and registered as a charity with the Charity Commission for England and Wales from 19 December 2012. These financial statements are presented for the period from 1 January 2020 to 31 December 2020. These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with* ✓ Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE); - and with the Charities Act. ## **1.2 Change in basis of accounting** N/a ## **1.3 Changes to previous accounts** N/a ## **Note 2 Accounting policies** ## **INCOMING RESOURCES** |**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:| |---|---| |**resources**|• the charity becomes entitled to the resources;| ||• the trustees are virtually certain they will receive the resources; and| ||• the monetary value can be measured with sufficient reliability.| |**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)| |**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.| |**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional| ||entitlement to the resources.| |**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to| |**and gifts**|which they relate.| |**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.| |**performance related grants**|| |**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.| ||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or| ||distributed by the charity.| ||Gifts in kind for use by the charity are included in the SoFA as incoming resources when| ||receivable.| |**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources| |**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._| ||The value placed on these resources is the estimated value to the charity of the service or| ||facility received.| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.| |**Investment income**|This is included in the accounts when receivable.| |**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from| ||revaluing investments to market value at the end of the year.| |**EXPENDITURE AND**|**LIABILITIES**| |**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the| ||charity to pay out resources.| |**Governance costs**|Include costs of the preparation and examination of statutory accounts, the costs of trustee| ||meetings and cost of any legal advice to trustees on governance or constitutional matters.| |**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service| |**conditions**|or output to be provided, such grants are only recognised in the SoFA once the recipient of the| ||grant has provided the specified service or output.| |**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are| |**performance conditions**|no conditions to be met relating to the grant which remain in the control of the charity.| |**Support Costs**|Support costs include central functions and have been allocated to activity cost categories on a| ||basis consistent with the use of resources, eg allocating property costs by floor areas, or per| ||capita, staff costs by the time spent and other costs by their usage.| |**ASSETS**|| |**Tangible fixed assets for use**|
These are capitalised if they can be used for more than one year, and cost at least £500. They| |**by charity**|are valued at cost or a reasonable value on receipt.| |**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year| ||end. Other investment assets are included at trustees' best estimate of market value.| |**Stocks and work in progress**|These are valued at the lower of cost or market value.| ## **Note 3 Details of certain items of expenditure** ## **3.1 Trustee expenses** **Number of trustees who were paid expenses Nature of the expenses Total amount paid** |**This year**|**Last year**| |---|---| |**None**|**None**| |**None**|**None**| |**None**|**None**| ## **3.2 Fees for examination or audit of the accounts** **Independent examiner’s or auditors' fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor** |**This year**
**£**|**Last year**
**£**| |---|---| |**None**|**None**| |**None**|**None**| ## **Note 4 Paid employees** ## **4.1 Staff Costs** |**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**4.2 Average number of full-time equivalent employees in the year**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**4.2 Average number of full-time equivalent employees in the year**|**This year**
**£**|**Last year**
**£**| |---|---|---|---| |||106,271|83,425| |||1,501|1,886| |||2,372|1,583| |||110,144|86,894| ||||| ||**nt employees in the year**|**This year**
**Number**|**Last year**
**Number**| ||**Fundraising**|-|-| ||**Charitable Activities**|6|5| ||**Governance**|-|-| ||**Other**|-|-| ||**Total**|6|5| ## **4.3 Defined contribution pension scheme** ## **Brief details of the scheme** ## **NEST scheme** ||**This year**||**Last year**|| |---|---|---|---|---| ||**£**||**£**|| |**The costs of the scheme to the charity for the year**||0||0| |**The amount of any contributions outstanding at the year end**||0||0| |**The amount of any contributions prepaid at the year end**||0||0| ## **Note 5 Tangible fixed assets** ## **5.1 Cost or valuation** |**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery and**
**motor vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Payments on**
**account and**
**assets under**
**construction**
**Total**
**£**
**£**
**£**
**£**
**£**
**£**
Balance brought
forward
120,000 - - - - 120,000
Additions
- - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers *
- - - - - -
Balance carried
forward
120,000 - - - - 120,000
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
**** Rate**
Balance brought
forward
- - - - - -
Depreciation charge
for year
- - - - - -
Impairment provisions - - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers*
- - - - - -
Balance carried
forward
- - - - - -
Brought forward
120,000 - - - - 120,000
Carried forward
120,000 - - - - 120,000
**5.3 Net book value**
**5.2 Accumulated depreciation and impairment provisions**|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|
**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**| |---|---|---|---|---|---|---| ||120,000|-|-|-|-|120,000| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||120,000|-|-|-|-|120,000| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |||||||| ||120,000|-|-|-|-|120,000| ||120,000|-|-|-|-|120,000| **5.4 Revaluation** _**If any fixed assets have been revalued please give details of the valuer and method of valuation**_ Building valuation conducted by RICS qualified surveyor as a Red Book Valuation. ## **Note 6 Creditors and accruals** ## **6.1 Analysis of creditors** |**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated**
**undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|104,500|104,500| ||-|-|-|-| ||-|-|-|-| |||-|-|-| ||-|-|-|-| ||-|-|104,500|104,500| ## **6.2 Security over assets** _**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_ _**N/A**_ ## **Note 7 Transactions with related parties** ## **7.1 Remuneration and benefits** |**Name of trustee or connected party**|**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---|---| ||||**This year**
**£**|**Last year**
**£**| |||||| |||||| |**Due to trustees and**
**related parties**
**Due from trustees**
**and related parties**
**7.2 Loans**||||| ||**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|| ||||**This year**
**£**|**Last year**
**£**| ||**Jonathan Gulliford**|**Governing document**|**104500**|**104500**| ||**N/a**|**N/a**|**None**|**N/a**| ## **7.3 Other transaction(s) with trustees or related parties** |**Name of the trustee**
**or relatedparty**|**Relationship to**
**charity**|**Description of the**
**transaction(s)**|**This year**
**£**|**Last year**
**£**| |---|---|---|---|---| |**Fiona Barber**|**Trustee**|**Trustee paid fees to school**
**for child's education**|**7221**|**7029**| |**Jonathan Gulliford**|**Trustee**|**Trustee paid fees to school**
**for children's education**|**7,038**|**6789**|