EMMANUEL EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The TnJsteL% present their rLpon and Ihe audilcd financial siatemLnts of ihe Church for the year Lnded I l DecLmber 2024. The financi(Il slatemenis have been prL'pared in accoTdancL' wilh ihe accounling policies on pages 1.3 and 14 and comply with Ihe Church's Conslilution, appliLable law and the Staiemeni of RecommcndLd PraclicL Accc)unling and RLP()fiing by Charities Reterence and administralive information sci oui on pag¢ I fornis pan ()r ihis repon. Board of Trn5tees Throughc)ui this report ihL membcr5 of the B()ard of Tru%iees are collL'clively Tefcrrud lo as Ihe TwsleLS. The Trustee5 arc respc)n%ibl¢ as a body lor gLivernance, policy implLmeniaiion, mc)nitoring of trL'nLral L()nduci. overall pL'rli)rmancL. and lor reporting ic) the membL"rship al general mLL'iings. The TrustL'es del¢gale 0ra110nal man<igemeni of IhL Church lo the SLnior Pi1510r. The TrusteL5 who SLrvLd during the year. who are also Church Council mcm. werL' as follc)ws: Chairman.- Senior Pastor PelLr Yee Kong Loo TrLasurLr- Mr Andy Tham Other CounLiI MembL'rs: m.s France8ca Hammond Mr David Hsu Ms Amanda tawrenLL Ms Olufunmilayo (Ilakithn Miss IAI Kuen TIg (appoinied 3 NovL'mber 2024) Structure? governance and nnagement Governing documenl The Church 15 a rLgisl¢red charity and is governed by ils Constilulic)n adaptL.d on 24 May 1990 and rL'vised nT] 23 March 1997. 21 Au. usi 21K)2, 4 July 201 l and 14 July 201.3. It.% formLr regisiLred nuTnlK'r Xlll(124. ThL Church n()W OPLralL as a Charitable Inci)rporated Oruanisaiion. Ils registered nurnber is now 1154866. Siructure The Church Council con%liluies Ihe governing b(xly of ihL ChUh. Its Voiing mcmbers arc the l¢'gal Trust¢Vs of thL Church, who arL appoinied hy IhL CounLiI and LndDr.d by membL'TS of ihc congregalion LiihL'r ai the Church Annu¥il GLnLral ML'Llints or ai an Exlraordinary Genc'ral M¢L'ling. Their iippoinimenls and end()rsemenis are pr¢scribed in the Church C()nsliiuiion. Goveriianee Thc Council MembLrs are Tesponsible frir ovcrall policies and Lnsure ihL Charily c)pcralLs within li% nhjLcliv¢s. ThLy delegatL' to ihL SLnior Pastor and his slaff iLams ih¢ visic)n of ihL" ChurLh and ihL daily ()ratIOn. A FinanLL and Administration CommiiiL'e (F & A) assists ihc Treasurer in managtng thL finances of ihL church. EEC Trading LimilLd incorporalLd on 12 N()v 2015 with thL' purpc).se of running ihL busincss of Emmanuel Cenlres i)r WLslmin4ler and Edgwarc. EEC Trdding LitnilLd has direclons who are C()uncil MLmbers of EmmanuL'I EvanoL'lical ChurLh (EECI. burihLr rL%PI)nNibilitie% fi)r iliL ()pir<ilic)n (Il" IhL. F.n)iiianiiL I CL'nire¥ Ji W L.41iiiinsier dnd PIkT' Il'LfL Ii"Iin%lLrrLiI fri)iii ELL CII) I() b.EC Trading Lid during ?{117. A Chi¢f l)PLratino ()fiictr (C()()l. wli(i 1% J Cliurcl) rnLnibcr. w(15 aPI)i)inlLd in Jiily 21117 111 l7vLf%LL EEC Tr(ILlino LiniilLd. The C(K) is aLLouniablL t(} Ille direiiors i)f EEC Trading Liiiiiicd. The F & A Committee is responsible fc)r managing ihe finances ol Ihe Chureh and IN directly accouniable to thL Church C()uncil. It seis and rc'views staff salaries in consuliation wilh ihe Trcasurer and Ihc SLnior Pasi()r excepi Ihal of IhL SLnior Pastor whi)%L salary is SLbt by ihL Cc)uncil. Through ihe TrL"&surer who alsi) servLS d5 ils Chairman, il submils thL <innual accounts and budÉiL'ts for IhL approviil of thu Church Council and presentsiion io the members al a general mLLling.
EMMANUEL EVANGELICAL CHURCH REPORT OF THE TRUSTEES, continued FOR THE YEAR ENDED 31 DECEMBER 202A Strncture? governance and Managet, continued Appoinlmenl of Trustees A polLlliial Truslce normally goes ihrough a peri(xl of training as a non-voling observer in the Council. The Ci)uncil Ihen decides his ()r hLr suiiabiliiy io serve in IhL' Council, and his or her appoinimenl to the Council is IhLn cndorsed al a GenLral MLLlino ofihL Church. Trnslee inducliun and iraining NLW Tru4lLLts lake part in an inijuction process. which providL'S them wilh a briefing and informali()n c)n Iheir legal oblioaiions undLr ¢harity and cc)mpany law, Ihe coniLnt of ihe Church consiiiulion. LC)tnmillcL slruclurL ()f ihL B()ard and lis decision making prc)L"¢5s. In addiiion, nLW TrustLes arL givLn ihe opportuniiy io meLi wilh stafi, mcmbLrs {)[ IhL Church and other TrusiLLS as Pdrt of ihe orientsiion. Organtsation ThL Board (if TrusiLes meels at leasi six times per ycar as a full Board. During the year ihLy address ihe following areas.. governance, Strategy and rcsourccs. ThL .Slaff iLam meets weekly for prayer, plannino and implcmcniing the vision of ihc Church. Once a monih, the sldfr dediLate hall- a day in prayer and iniercLSSi()n for Ihe Church. Risk management ThL ChurLh Cc)uncil with the assistance of Ihe COO Consn11Y rcvicws prncLdurL'S fc)r cvalualing the ri4ks assoLidlc.d wilh IhL Church 0ratin plan acliviiiLs, and also reviLWS annually all insurancLs. oific¢. fire and genLral rl[y, and safeguarding. as well as the lerms and conditions of empl()ymcni i)r slaff. Risk managemenl in the Church's minislrie£ is delegalcd to thL Senior P&£lor dnd his .siarr iLam. ThLy havL L%lahli%hLd procedures Ic)r child protLCtion. All w()rkers wilh children and yL)uih are DBS chLLkcd bLforc thLy ¢()tninLnLL IhLir minisiry. M()51 slaff members a also trained in firsi aid. safLguarding. (Ind fire safely pri>cedurL'S. Objectives and activities ThL purp(} of ihe Church is to advancL the Chrislian faiih hy the publicalion and proclamation of ihe Gospel of thL Gr4ice of God as revealcd in Holy Scriplurc in order lo extend ihL Chrislian faiih in London and beyond. The Church ha5 a wholly-owned subsidiary. EEC Trading Limited. whose principal aclivily ]% ihe provision of c()nference facilities and rclated catering servA¢cs. ThL' annual profiis ()r Ihe subsidiary paid [(} Ihe Church whLrc financcs p¢rmil. Mission Sthiemertl EmmanuLI Evanu¥lical Church is a cell_based church. commitd to maiuring believers who obey the Greai CotnmandmLni (Mail 22:37_38) and fulfil the Great Commission (Mail 28=18-20). In line wilh our Mission SiatemL'nl. and our ideniily &s a ' cell-b&sed church" we aivn lo develop a stmng leadLrship ha5e. Achievements and perfOrnnCe ThL year Sthrled oif with a Waichnighi service lollowed by six days or rasiing and prayer. WL coniinutyd in 2024 wilh our vision of 'Enjoying God. Loving People, aL¢ompaniLd by our four values- il Lifeslylc of Wor.4hip. Making DisLipILS. AuihLntic Relalionships and Impaciing the Cc)mmunily. As parl of impleinLniing ihe Great Commis5ic)n, we havL ddoptLd Mali 4: IY, "'Foll()w ML and I will make you fishLrs {)[ men" as a deliniiion of whai d disciple 1%. By the end c)r2024. Ihc Church's mLrnbership was .344, wilh I I tOPle baplised during ihe yLdr. There wer¢ 70 professic)ns of faith, half or which occurred mainly in the Str¢cts ofLondon.
EMMANUEL EVANGELICAL CHURCH REPORT OF THF. TRUSTEES, continued FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and perfOrnnce, continlled We are v¢ry pleased that Richard Hindley ha.s joinLd Ihe Church slarr a% Chief Operaiing ()fficcr. overseeing thc operation r IhL CenirL and managino Ihc Church's assLls, while rVIng in Edoware as a bi_v()cation(Il Paslor. assisling P.s Di)rLLn who is Lxpecied lo retire hy early 2025. In March. Ps Richard altendLd a Pastors. ConferenLC al Trinity Christian CLnirL' in .%ingyapnrL. 21 LifL Grc)ups, spread acrc)ss thL ciiy, coniinued io operaie mainly meeling in PLrson, with a few mecling online. We gaihcr ic) nuriure and huild up believLrs through mutual cncouragLmL"nt and applying whai was prL'ached in i)ur pulpii. ThL Life Gr(IUPS iilsn partiLipaiL in rL'tiLhing oul Iii prL'_Chrisiiiin friL'nd.s dnd new visiiors lo our Church. ThLy rLmdin vital building bl()cks for a healihy church. We havc rL'vised ihe Spiritual Pen1]ng cour.sc t(} inLlude mLnloring as Pdfi ()f IhL programme afiLr Ihe formal iraining conclude.5. Th¢ Life Group.% also c)rganisL'd a few inler-Life Group social gaihLringFs. The Covid 19 fund eslablishLd in 2020 continuL's lo be ulilised lo a5sisI our members or friends of our mcmber.s who are expericncing linancial hardship. EEC 18 a church ihal invests in young lives. ThL Church employs iwo siarr members dLdicaled ic) caring for IhL Children's ministry {aÉvL's 4-12) ai both l(Kaiic)ns. HowevLr. duL lo hLr husband's joh reloLalion. Ura Leonard had io $4idly leave hLr role. Josh Lee joined Ihe Church as an intern in auiumn and as.si.%lLd wilh the yuuth mini.slry. Through ()ur TREE (Truih RLslI)ralion ExchdngL Encounicr), WL nunurL' the inncr spirilual IIVLS of metnbers, wilh a siaff mLmber leading a ILam c)l- vc)lunlLLrs lo pray and offLr inner healing lo Ih()se who identify a nLLd f()r prayer in vari()us aspects of thLir livcs. Addiiii)nally. we suppori ihosL' who have %igned up for ihe onlin¢ Hcalinu Room5 ihr()ugh Ihc minis(ry of prayLr. Ministry aclivilies also take plaLe ihri)ughoul the year, Including a WLLkLnd rLlrLal. C()urses arL ()rgani5ed lo hLlp individuals undL'rsland their identities in Chrisi. EEC demon4lralLs a strong commitmeni io the local communities in WestTninsier and Edgware. In WLstminslLr. a .51aff member is dedicated to oro¢inising comTnunity activities. including Coffee Mi)rning I r()r loddlers and their pdrLnls) and Homew()rk Club (for childrtyn aged 8 10 12 years). We also ran a tea party for a local old folks, homl. WL al%() run a programme on Friday afiLrnoon5 aimed ai brinoing IhL communily y()uih t()geihLr. While in EdgW¢. an(>ihc'r pari-lime staft mLmbLr run5 a loddlLrs' group and a knillino class tn Eduware. Addiiiunally. a lige iablc ILnnis group mLets twice weekly in EdgwarL' lo fo%iLr communily spirit. The Young Adulis WLnt on a weekend relreai alono ihe South Co&sl. slrengihening relaiion5hips and studying IhL' W()rd. They also hcisled a Young Adulis Alpha Ic)r seekLT friLnds. To reach nul In thosL whci havL yel [() know Chrisi, P.s Brucc launLhL'd a Gospel Calc ihat runs al()ngsid¢ Ihe Sir¢LI Outrea¢h Iwice a month. This Cafi aims to inviie our friL'nds or those we mLcl on thL' 4lrLeis io comL fnr refrL"%hmLni dnd slay for w()rship, testimoniL'.s, and a short gc)spt-I mL'ssaoL. tai¢r in th¢ year, Life Group5 w¢rL (Ilso inviled to h()sl IhL. Gospel Cafés. John Boardman, al()ng with a Lore team. led an Alpha course s¢paralely throughout ihc year. The allLndcLs had grcaily benLfilLd. We also havc a DL4f Ministry ihal provides gigning for ihL' hard of h&ing during our Sunday s¢rviccs. WL organi5ed Chrisltnas evenls and a SummLr Music concert in boih EdgwarL and Weslminsier lo bring Ihe community logeiher. During Easter, wv participaicd in ihc Edgware and District Churches. Palm Sunday Walk of Wiln¢.ss. A tcam visit5 the homL'less in WLSlminsiLr monthly. Additionally. we also havL mLmhers involved in thc .SirLLI Pasiors who minisiur twice a m()nth in the Wesiminsler area. hLlpintr Ih()se who may neLd spiritual praLlical a%%ist¢ince. Wc werL able io hosi a tLa party in a nearby Old Folks. HOML. Over Chrisimas. Ihe Wc'slmin%ter Communily Gospel Choir h(1sled an evening of sinoing wilh a largyL lurni)ui from the IoLal comffluntly and Londoners. WhilL' in Edivware. we did a Chrislmas ouirLaLh in the Broadwalk Shopping CenlrL.
EMMANUEL EVANGELICAL CHURCH REPORT OF THE TRUSTEES, continued FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and performance, continued Over Ihe laie May Bank holiday. we ran a l£ad¢rs' Retreat in The Oratory in Reading whcre the vision of EEC was -strLngthLned. For thL Easter ConFerencL'. Rcv Colin Dye wa5 ihe main speaker ()n ihe suhjecl ol. 'Willing on ihe Day i)f His Power.. Ps Amanda Conner and Ps Anioinelle Aiiinson werc the main sake[S ai OUT first women's conferencL wilh ihe thL'mL 'Living an Impaciful Life.. The men gaihcred a Louple of limes for a mcn's bakfaSt, accompanied by a talk Lhallcnging us io bL' G()dly Christian men. Around Light people from a successful privai¢ businLSS in ihe USA came and tsughi a day 8L'minar on Servani L£adership. The Emmanuel School of Minisiry laughi on 'HL'rmeneuli¢s- how 10 handle Ihe W()rd' and 'B(Kly Ministry. lo hLIp Lquip the Church in becoming more effeclive disciple5. The Holy .Spiril evLning coniinues a% a weekly online evenl. fiKusing on praying and prophesying togcihL'r, aLLC)mpanicd by a thlk pritnarily givLn by Ps. BruLL. The Family Minislry ran a course on IhL' topic of 'ffj qualities of a strong Christian family" and a day seminar on Parenling was held ai Emmrfinuel Edgware. The EvLrgreLn minislry hL'lps serve ihose who are reiirLxI with their Sla1 nu'8 and pri)vidL'% QPPOrtunitlCS Ic) show IhL love ol- chri.st lo seekLrs. Prayer plays a Viidl Tole in Church life. The Church organises a Iwicc-yearly 24-hc)ur prayer event starting from Friday evening. EdgwarL Church also hosis a prayc'r service on Thursday evening. WL al.$0 hold an c)nline prayLr mL¢ting every Friday al midnighi for a couple ol hours. In both churches, Healing on the Sireels and outreach conlinued lo be run on a fortnighily basis. WL partnLfL'd wilh many Christian orodni%¢lttons. such as SirL'el Paslors. Thc Gate in Wesiminsler, Cmcf Ilndia), OpLn Doors. UpLralii)n Mc)bilisaiic)n. UkrainL War Reliel. and oiher gmups ihai share the samL vision in rLlicf. evangelism, and prayLr for ihL G()VLrnmL'lli and naLi(In. In 2024. Su Jun wLnt on a weLk's missinn in taos. Cecilia Madlener was wilh Ihe Mercy .Ships and ihe MadlLner5 participai¢d in ihL OM TeLn .Sireet Germany. A new healino syslem wa% inslalled in Weslminsier Ihal w&% more eicIen1 and reliable. oking ahead: Plans for 2025 The Church will continue lo fulfil our Church vision, which is 'Enjoying God. Loving Pcople, wilh Ihe Lmphasi5 on Making Disciples using Maiihcw 4-19 as a definition of what a disciple is. Mentoring and raising leaders will conlinuL wiihin thL Life Groups as well undersianding how lo raisL' up disLiple makers. LifL Gr(iups will continue io he the main focal poini fc)r evangelism and spirtlual nurture. The gospel cafes will conlinuL Ici be run on iwo Sunday afternoons a monih wilh an emphasis on reaching out to the non- bLIiLvcrs eiiher directly fr(Ini thL %lrLL'l% or Irom ()ur IriLnds. Richdrd HindlLy, who been wi)rking full-iime as the chief operaiing c)rriLer of the Church and a bi-vocational pastor, will lake over Ihe role of Paslor fc)LUSing on EE afier Ps Doreen retires in ihL. firsl quarter of 2025. Ps BrucL will bLLoine thc Senior Pastor D¢signaiL, wilh Ihe aim of 5ucceLding Paslor P¢lcr, subjLcl lo AGM 4ipproval, who pliin5 Iv relire by Ihe
EMMANUEL EVANGELICAL CHURCH CONSOLIDATED STATEMENT OF FINANCIAL ACTIvrrIES {incorporating INCOMF. AND EXPENDITURF. ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 20 Total funds 2024 Tolal funds 2023 Unrestricted Rc5tricted Revaluation funds fun(15 COME AND EXPENDTTURE Income from= Donaiii)ns and legaLiL5 (noiL' 2a} Oth¥r ()PLraiing aciivilies {n()IL 2b) GranLs rLLLiV4ible (n()le 2c) Inveslmcnis (nolL 2d) 7(K).498 964.789 715.481 961.789 -31.149 14.117 7211.413 975.258 14.137 Total Incon 1,71057.3 1.725.5.56 .696.1)76 Expenditure on: Raising funds (noic. la) CharilablL' aclivilies (noie _Ib) 641.88.3 911.118 1.883 992.245 525.628 940.509 80.927 Total Expenditure l Jfj.3,201 80.927 1.6.34,128 1,466.1.37 Net Incomel(Expenditure) before Taxation and Transfer 157,-372 (65.944) 91.428 229.9_39 Taxaii()n (not¢ 4) TranSfL between fund.¥ {noles I l and 12) 14.990 -31.495 14.990 {11,351) (121,495) Net Incon/[EXPendithre) for the year £20.3.857 £24.056 £(121.495) £106,418 £218,.586 Other recognised gainsl(lossos) Net Moven*nt in Funds £203J57 £2A,056 £(121.4951 £10&418 £2185116 RECONCILIATION OF FUNDS Total Funds broughi forward al l January 2024 5.612.519 9.136.188 14.8A7.570 14.628.984 Total Funds carried forward at 31 December 2024 £5016J76 £121919 £9,014.693 £14,953.988 £14347570 io-
EMMANUEL EVANGELICAL CHURCH CONSOLIDATED BALANCE SHEET AT 31 DFCEMBER 2024 2024 2023 Gmup Church Group Church Fixed a&sets Tangible tixed asseis (note 6) Inve5tmenLs (noi¢ 7) 15.022,579 15.IM)5.7_39 14.897.110 14.883,406 15.022539 15.(K)5.741 14.897,130 14.887.408 Current a&sets DebiDrs (noie 8) Cash ai bank and in hand 107.157 457,264 112,799 7&1.970 54,166 506,510 564.621 917,769 5fl),676 Creditors: amounts falling due within one year (notL Y) Crediiors and accrued expenditut (2(K).755) 165.916) (245,146) (65,982) Net Current assets 612.745 498.705 672,623 494,694 Total less current liabilities 15,6.35.284 15.504,446 15.-569.753 1.5.-378.102 Creditors: annts fAlling due after more than one year (ni)(L. l O) (677.IW>) (669.596) (718,752) (701,252) Provisions for liabilities DelerrLd lax (4.2W) (7.4.31) Net assels £14953988 £14340850 £14W7570 £14ffj7650 Funds UnrestrictLd funds= GLneral lund Rev4iluaiion reserve (noie I l) 5.816,176 9.014.691 5.697.238 9.014.69.1 5.612519 9.116,188 5,441,799 9,136.188 14.831.069 14.711,931 14,748.707 14.577.987 Restricted funds (noie 12) 122,919 122,919 £14.953.988 £14834150 £14147570 £14,676850 Approved by the Board OrTntee5 on and si ed on their behalf by: Pastor Peter Y K IA)0 Trustee Mr Andy Tham li
EMMANUEL FVANGELICAL CHURCH CONSOI.IDATED STATEMENf OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Net cash provided by operdting activities 14 456.1)Y2 Cash flows from investing activities: (PurLh&se) of fixlures. fittings and cquipmLni {.119,628) 1421,522) Cash {usL'd in) investing aclivilie5 (319,628) (421.522) Cash flows from financing activities (Repaytnent) ()[ bank borrowings (4.1.(kn2) (44,(rf)7) Cash (USLd in) financing aciivilie (43.062) (44.6071 (Decrease) in cash and cash equivalents in the year (62,436) (10,037) Cash and c&sh wuivalLnls at the gInnIng ofihe year 784,970 795.(X)7 Total cash and cash equivalents at the end of the year £722534 £784,970 12-
EMMANUEL EVANGELICAL CHURCH NOTES TO THF CONSOLIDATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 20 Accounting Policies Basis of accounting Thc Church is a public benLfil Llliily. ThL. financial StslLmL'nL% have Iren prL'pared undcr Ihe hi51oric411 cosl convLnli()n mi)dified by thL' rL'valuJlion ()[ frLi"hold and Iono lea"h()Id pn)perty. in aLc()rdanLC' wilh ihc SidiLmL'nl L)f RLLommended Praciice (SORPI "Accounling and rcw>rting by Charilies ' prL'paring IhLir aLLounts in (COrdancL. wilh Financial Rew)rting .Sianddrd 102 and Ihc Charities Aci 201 l. and c)n a going concLrn hasis. ThL' Tru.Slees have prcparLd group account.s in acconlance wilh wxtion 1.18 nf IhL ChariliLS Act 2011. ThL' gr()up acL'nunl.s ci)nsolidate thi)SL' C)f Emmanuel EvangLlical Church and il% %uhsidiary undLrtaking EEC Trading, LimilLd I%L'L noiL 7). A .separdte Stai¢mL'ni of Financial ActlVillL'S for the Church has nol kn.n preseniLd. b). Financial instTun*nts A finanLial or a financial Ilabiliiy is recognirL'd only when the Church becntnes a party to the COnaLlua] provisi()ns i)r Ihe instrumcnl. B£IC financial instrumenLs are inilially r¢L(Ignised * the ansacti()n pricL. unless thL arrangLmL'ni ci)n51iluics a financing tran5aclinn. whLn il is rLcogni%L.d al thL prescni valuL l)r IhL fuiure paymcnis disc()unled al a markLI rale of intere51 for il Stmllar debt inslrumLnl. DL'hi InSInL$ ar¢ subsLquLnily mL&%urLd al amc?rtised cnsl. Incon recognition Tiihtys and offerings acLC)unled lor whcn recLived by the Church. Other incotne is accounted fur On an &cruals b&4is as far as li is prudLnt io do so. d). Grants Granls are recognised as income in the financial %talemenls in Ihe pcricKI in which they become rLLLivable when IherL 1.% reasi)nabl¢ assurance thai ihe grants will be receiv¢d and thL. Church will comply with any conditions allaching to Ihem. Recognition ofiiabiliti Accrued extKndiiure has iren taken up in the accounL% ai ihL' fjnancial year end. Fixed depreciation, aNI anKJrtisation DLpreciaiion is providcd al ihc lollowing annual rat¢s, calculated io duce the tKK)k value of ihe concerned to eslimaiLd residual value ov¢r their useful working lives- FrLL'hold property and improvements- l % on valuation L()ng IL.hOld protLrty- l % (jn valuaiion FixturLs. fTllings and equipnK"ni- Fixiures, fitlings and PA Lquipment - 15%. on cosi Kiichen and catLring appliances- 25% on cost Office and computer Lquip.n1_ k.IWLen 15nh. and l.l% on cusi 13-
EMMANUEL EVANGELICAL CHURCH RFPORT OF THE TRUSTEES, continued FOR THF YEAR ENDED 31 DECEMBER 2024 statennt on public benefit The Trust¢e5 confirm ihal ihey have complied wilh the duly in section 4 of ihe Charitie5 Aci 2006 to have due regard lo the Charity Commission's general guidance on public nefIt. "Chariiies and Public Benefil" The Church's charitable purpose as enshrined in ils objects is to advance Ihe Christian faiih by the publication and proclamation of the Gospel of ihe Grace of God as revealed in Holy Scripture in ordcr In exlLnd ihc Christian faiih in London and beyond. ThL Trusl¢es ensure Ihai ihis purpose is Caled oui for the public benefil through planning and moniioring activities by reference io the Church vision and strategy. The structure of the Annual Report allows the Trustecs tn report an ihe progress of implementing the 8trntegy. explaining acliviiie.s and achievL'menis during ihe year and Ihc Church's plans lor 2024. Responsibilities of the Ttee$ regarding the financial sth1ents The Truslee.4 are responsible for preparing the Tnle. Annual Rew)rt and Ihe financial slalements in accnrdancL with applicable law and United Kingdom Accouniing Sthndards (United Kinudom Generally Accepled Accc)unling PraLIiLL). The law applicable io charÉties in England and Wales requires ihe TnleLs to preparL' financial Siatemenls fur Lach financial ye which give a fftiv and lair view ol- Ihe slate of affairs of Ihe Church and of ILS incomtng resources and appliLaiii?n i)f resources for that peri(Kl. In preparing Ihose financial sLqi¢tnents. the Tru.gle&s are rtyuired 10: selecl suitable accounting policivs and then apply them consisiL'nily; observe the meth(NJs and principles ol Ihe Charilies Si<ilemeni of Recommended Practice 'Accnunling and Rcporlin¥ by Charilie.s'; make judgements and LStimaiLS thal are reasonable and prudeni: .staie whLiher applicable accounting standards have followed. subject to any malerial departu$ di5clo.sed and explained in Ihe financial siatemenls: and prepare the financial Sialemenls on Ihe going concern basis unle&s il is inappropriate ic) presume Ihai Ihe Church will continue in existence. The Trustee5 ar¢ reswnsible lor keeping proper accounting records which are Su1c1l.nt to show and explain ihe Church, transactions and lo disclose with re&wnable accuracy at any lime ihe financial position of Ihe Church and tD enablL IhLm lo en.sure that any sialemenis of accouni c()mply with ihe requireEnents of ihe chUh Consiitution, the Charilies ALI 2() I l. and the Charity {AccounL% and Reports) Regulaiions 2(M)8. The TrusiLCS are also reswnsible for saleguarding ihe assel.s of the Church and hence for laking reasonable %teps io prcveni and deicci fraud and other irregUl111es. Disclosure of information to auditors So far as the Trustees are aware, Ihere is no levani audii informaiion nf which the audilors arc unaware. The Truslees have iaken all necessary steps lo ensure ihai Ihey ihemsclves arc awarL' of all relevanl audil intnrmaiiDn and ihai Ihis informaiion has been communicaled io the audilors. Auditors A resolution lo rLllppoini Geary Partnership &s audilors of Emmanuel Evangelical Church will be pui io members dl the forthcoming Annual General MLeiing. Approved by the Board of Trustees and signed on Iheir behalf by: Pastor Peter Y K Loo Chairman of the Council Date:
INDEPENDENf AUDITOR'S REPORT TO THE TRUSTEES OF
EMMANUEL EVANGELICAL CHURCH
Opinion
We have audited Ihe financial slalemenis of Emmanucl EvangLlical Church ('Ihe parLnl charily, ) and il.s subsidiari¢¥ Iihe
'group') for ihL year cndLd I I DL"cLmbcr 2024 which compri%¢' Ihc Consolidaied .£i¥ilcmLnl of Financial ALtivilies. Ihe
Balance ShLLI, Ihe Cons()lidaled .SiaiL'menl of Cash Flows. notes to Ihc fin(Incial stalemenls. inLluding Significant
accouniints policics. The financial reporting framework ihal has b¢¢n applied in Iheir prcparaiion 15 applicable law and
United KInd0M Accnunling Standards, inLluding Financial RLPOrting .Siandard 102 Tlie Fiiiaiicial Reporling Siaiidard
applic'uble iii ihe UK aiid Repiiblic of Ireland (UnilLd Kingd()fft GLnL'rally A¢LLpted Accouniing PrilLticL).
In our ()pinion Ihe Iinancial siaiLin¥'nls'.
givL a IruL and fair viLw of the Slalc of thu group's and parLni lhIly'S affairs as ai .1 l December 2024, and i)r ihL
group % incomino rL%()urcLS and applicaiion of resourcLs fc)r thL yLar ihLn Lnded.
havL IK"Ln pri)perly prepad in accordancc with United Kingdc)m Generally ALL¢PILd Acc()unling PraLliu¢: and
have bLcn prepar¢d in accordance wilh the TequiremLnis of ihL Charilies Act 2011.
Basis for opinion
We conduLled our audit in acLordance with Inlernallonal Siandard% ()n Auditing IUK) (ISAs(UK)) and applic¢ible law. Our
respon.%ibililiL8 undLr thc)SL Standard% are funh¢r describL'd in Ihe Auditor's rL'%ponsibililies for ihL (iudit of Ihc financial
slaiLmL'nls SLClion of our repori. We are ind¢pcndLni i)f Ihc group and paTent chariiy in acc(IrdancL with IhL LihiL
INDEPENDEiYf AUDITOR'S REPORT TO THE TRUSTEES OF EMMANUEL EVANGFLICAL CHURCIL continued Responsibilities of Trustees As LxplainLd more fully in ihe Tru5tees' Responsibilities Statcmeni sel oul on pag¢ 7, IhL. TrusiLL.s are rL%P()nsiblL r()r IhL prepar¢ilion nt fin¢incial %lalLments and r()r beinu sali.sfied Ihilt IhLy give a irue and fair vicw. and for such inlLrnal LL)nlr()I as Ihc Tru%tees delLrTnine is nLcessary lo enable ihe prL'paraiion or financial slalLmLnls Ihat arc frLL Irom malLfiiil mi.sslalement, whether duL lo fraud or eOr. In preparing the financial slatemenls, Ihe TrusleL% are rL'.sponsihle for assessing Ihe IYTOUP and parLni charily's ability lo coniinue (IS a going LoncLrn, dl10.$1ng. &$ ttpplicahle, matlers relalLd to golng concern and u4ing ihL g()ing LC)ncern bJ%i5 of acL()unling unlL5s Ihc Tru%lees either iniend 10 liquidate ihe group or thc pareni chariiy or to CC¢ise 0rilli{)n5, c)r have no realisiic aliLrnaiivL bui iu do so. Auditor's responsibilities for the audit of the financial Statents We have been appointed as audiior under section 151 of ihe Charities Acl 201 l and rcport in accordance with rLgulati(Ins made under 'Cl10n 154 ()f thai Acl. ()ur objLclive% arc to obiain rL'&S()nahle assurancc abc)Ul whLther ihc findnLial slatLmenis &5 a whc?le are free from malL'ridl mi%slalLtneni, whLiher due lo Iraud nr LOr. and Ic) issue an audit()r s rcpori Ihal includL% C?ur opini()n. Rea%cinablL assur(Ince is a high ILvel of assurancc.. bul 15 noi a guaranlcL' that an audit conducled in iiccordance wilh ISAS (UK) will always detLCl a maleri(Il misslalLmenl when il exisis. Misstaiemenls can arise fr()m fraud or Lrr()r and arL ci)nsidLfLd malcrial if, individually or in thL ag.trregaie. they could re&sonably be expccied io influLnce Ihe cL()nomic decisions ()[ u.sLr% iaken nn th¢ basis of ihL5L" financlal slaicmenis. Irregularilies, including fraud, insiancLS of non-compliance wilh laws and rcgulations. We design proL"Ldures in line with nur rLsponsibililiLs. ()uilinLd al)ove. t() dLILLI maiLrial misslaiLmcnts in respcci of irrLgulariiiLS. including fraud. Prc)Ledures LapablL (If dLtecling such irregulariiiLS pcrfc)rmed during c)ur audit included- IL%ls io ensurL' all bank transaLli()ns h4ive bL'en aL¢I)uniLd for; examinaiion of offerings rL'cords. invoices and donor corrL'SpondLnce to ensurc Ihal incc)me is fully recorded- VLrifi¢alion of ILujlimacy of c'xpendilure by ref¢Tencc io invoices. stalemLnt%, and cc)rrLSP(IndcncL: ¢xaminalion of liilL reLC)rds io ensurL' assL'l% havL Ilot 'cn mIpprOprIated. te%ls of (InalyNi.5 10 t15rY our.sulves ihal leducr balances are rea%(Inabl¢ 4ind in line with LXPL"ciaii()ns. Becau.se ol the inhLrc'nl limilalic)ns of an audil, (hLre is il risk ihal WL will n()1 deiLci all irrcgulariiiL%, including Ihi)se leading 10 a material missialemenl in the financial slatc'menis or non-compliance wilh regulalion. This risk incrLa8L¥ Ihe mc)rL thal c(>mplianLL wilh a law or reoulation is removed from ihe evL'lli% and Iransa¢lions rcflccled in Ihe financial SlalcmLnts, as WL. will be less likely lo iK'comL awarL' of insiances ()f non-L()mpliance. The risk is als() grc(Iter rLgdrding irrLgularilies (Kcurring due to fraud raiher ihan erri?r. as Iraud involvL's iniLlliional Loncealmcnl. forgery. collusion, omission or misr¢prL'senialion. A I'urther descripiion of our responsihiltlics for ihe audil of ihe financial statcmL'ni% is provided Dn thc Financial RLP(Irling Council's w¢bsiiL al www.Irc.org.uk/audiiorslaudil-as%uranLLlaudiic)r-s-rLSP()n.£ibililies-for-Ihe-audil-c)l-_Ihe-fildescripli()n- of-Ihe-audilor%E2%80%99s-responsAbilities-for. This descriptii)n forms part of c)ur auditnr's rLP(?rt. Use of our report This r¢'porl is madc. solely lo the chariiy's Tru51ees. as a EKKIY, in &cordancc with Part 4 of the Charities (Accounls and Rewrts) Regulalions 2(X)8. Our dudit wnrk has k"Ln undertsken %() Ihal we mighi slalc lo Ihe charily's Tru51ees those maiiLPi we arL' requircd lo %latL Ic) IhLm in an audilc)r's rLP()rt and fc)r no oihL"r PUryM)se. T(} IhL fullcsl LXILni nl[ld by law. we di) n()1 accepi or &s%ume rc'stK)nsibilily lo anyc)nL oiher ihdn Ihe charily and thL Lhariiy'.¥ TrusicL's a b(xly. lor our a11[ work, liir Ihi.% report. ()r for the opinion.s we have romd. artnership Statutory Audiior Chartered Accountants 15ga Chase Side Enfield EN2 OPW 8 0(knSp 2ff25 Geary Partner.ship is eligible lo acl as an audiior in i¢rms of section 1212 of the CoTnpani¢s Acl 2006.