ELMWOOD CHURCH
TRUSTEES ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 31 MARCH 2024

ELMWOOD CHURCH
Trustees Report for the year ended 31 March 2024
References and Administrative Detalls
Charity registration number
1156256
Registered Address:
Elmwood Church
240 Eccles Old Road.
Salford
M6 8AG
Trustees
The following were Trustees during the year
Angela Hopper (resigned 30 October 2023)
Richard Bryce
David Mcconnick {Chair)
Daniel Nowland (appointed 26 June 2023)
Paul Sanders
Nicholas Stead (resigned 26 June 2023)
Leadership Team
Chris Mellor (Chair>
Jill Baker
Jim Budd
David Dadzie
Lisa Kwanashie
Mindy Reeves
Daniel Castro
Bankers
HSBC
24 St Ann's Square
Manchester
M2 7HD
Independent Examlners
Dunhams
Chartered Accountants
11 Warwick Road
Manchester
M160QQ

Trustses Report for year ended 31 March 2024
The Trustees present their report along with the financial ststements of the Charity for the
year ended 31 st March 2024. The financial statements have been prepared in accordance
with the provisions of the Statement of Recommended Practice {SORP} 'Accounting and
Reporting by Charities, in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) issued on 16th July 2014
structure, Governance and Management
Governing Document
Elrnwood Church is a Charitable Incorporated Organisation registered with the Charity
Comrnission on 18th Pdaich 2014. It acquiied the assets and liabilities of a previous
unregistered charity of the same name on 1 st April 2014 and began its activities on that date.
Organisational Structure
The Trustees are legally responsible for the affairs of the church as set out in the church
constitution and are accountable to the Charty Commission. They provide oversight in all
matters of church life, particularly ensuring the church functions in accordance with the
Constitution. Statement of Faith and Members Handbook. Areas of accountability include,
but are not limited to. agreeing the mission and vision, financial oversigh( employment of
staff, health and safety matters, safeguarding of children and vulnerable adults and all other
areas of legal compliance.
The Trustees delegate responsibility for the spiritual ministry and day-to-day running of the
church to the Leadership Team. These are outlined in Elmwood's Members Handbook and
include the day-tfrday financial management.
Members of the church are accepted in accordance with the Constitution and the guidelines
of the Members Handbook. Members meetings tske Pla￿ at least 4 times a year, including
an Annual General Meeting, which are open to members and non-members. The members,
meeting is the primary place for the Trustees and Leadership Team to bring important issues
and strategic decisions for discussion with the members.
Appointment of Trustees
The Trustees are appointed from those who are church members and who have the
characteristics of a good church leader, are active in the church and have the ne￿sSary
spiritual and practical experience. Nominations for Trustees ale brought to members
meetings for approval by mernbers only. in accordance with the Constitution and Members
Handt)ook.
Risk Management
All major insurable risks are subject to norrnal church and employers, insuran￿. Contractual
risks are reviewed before being entered into to assess that they could not significantly impact
upon the Church's ability to fulfil its objectives. Risk Assessments are undertaken by staff
and volunteers responsible foi the area of authority involved. The Trustees undertake an
annual review of all areas of risk.
Safeguarding
Appropriate DBS checks are made for all those who work with children or adults at risk and a
safeguarding team is in place, along with relevant policies. There were no evenls of
significance which required reporting.

Objectlves and Activities
The Objects of the charity are to advance the Christian faith in aGcordance with the
Statement of Faith in such ways and in such parts of the United Kingdom or the world as the
Trustees from tirne to time may Ihink fft. We aim to do this to by growing deeper in devotion,
closer in community and further in fruitfulness.
For the perlod 19t April 2023 - 31st March 2024 the Objects of the charity have been
achleved by the following:
Worshlp and Servlces
In-person worship. prayer and bible teaching on Sundays is back to pre-pandemic. Live
Streaming via You Tube of the sermon only has continued for those not yet able to come to
chat and for the wider on-line audience that has built up from the UK and b8yond.
We have continued to see an increase in new people coming on Sundays, especially
families.
Disclpleship
Life Groups are meeting in-person to study the bible, pray together and encourage one
another in the Christian faith. There are opportunities for people to access their Life Group
virtually via Zoom as well.
Prayer
Regular corporate prayer events have been held once a month - both in-person and a Zoom
group. to which all are welcome. Prayer support is available for those who requesl it.
Pastoral Care
Pastoral support is provided through the Staff Team, Volunteers and Life Groups.
Chlldren & Young People
Elmwood church caters for all ages from O- 18 years. Activities during Sunday Moming
Service provide Christian teaching for children and young people from 3 - 18 years. Mid-
week there are activities open to the local community including a thriving Toddler Group, a
Mums and Baby group and clubs for Junior School children and Senior School young people.
Elmwood Church employs an Early Years Manager and a Youth Worker to oversee this
work.
Outreach & Communlty.
The church regularly runs courses for anyone who wants to find out more about the Christian
faith. The church has a café one morning a week, which is open to everyone and is well
attended by the local community. This has become a vital link for the community post-
pandemic. A Baby Signing group and indoor kurling group meet on Fridays. The premises is
also being used regularly for a Dementia Café twice a month.
Misslons - UK & World
Elmwood Church supports a number of Christian organisations active in the UK and abroad.

Activities for the community
Elmwood Actlvltles
Frequency
Mums and Baby Group Tuesday mornings term-time
Toddlers
Wednesday momings tenn-time
Friday evenings term-time
Friday evenings tenn-time
Weekly te￿n-time
Age
Numbers
14
65
Kids Club
7-11
25
n:counter
11-14
20
Cafe
60
The Trustees have read the Charity Commission guidance on public benefit and is satisfied
that the activities outlined above clearly demonstrate that the charity is providing a benefit to
the public.
Achlevement and Performance
Summary of main achievements in the year April 2023 - March 2024
The Senior Leader, along with the Leadership Team and Trustees. have continued to
develop the vision for Elmwood to grow: Deeper in Devotion, Closer in Community and
Further in Fruiffulness. The Staff Team has grown as part of the vision.
Growing Deeper in Devotion
Values
Elmwood Leadership have identified six key Values which describe how we want to be as a
church in fulfilling our Vision.. Spirit Led, Courageous, Compassionate, Connected,
Empowering, Joyful
Servlces
In-person services take place at 10.30 on Sundays with occasional evening services and
courses.
Worshlp
A part-time Worship Team Leader to develop the music team was appointed on 30th May
2023 vA)o unfortunately resigned in March 2024 due to re-location. The position is currently
being advertised.
Prayer
Monthly prayer meetings online and a weekly Prayer Email to encourage prayer.
Pastoral
A part-time Assistant Pastor was appointed on 1 st May 2023
Closer in Community
Membership
New people have started to come, and membership is steadily increasing.
Llfe Groups
There are twelve groups that meet regularfy together but more leaders and groups are
needed.
Children and Young People
Mums and Babies Group and Toddlers is running regularty during term time and is proving
very popular.

The mid-week children's club (now re-named Kids Club) started on 5th May 2023 and is
steadily increasing in numbers,
The Youth Group went on a weekend away in March 2024.
Support
A Hardship Fund is in place to help individuals in need as many faced job cuts and changes
plus energy crisis.
Further in Fruitfulness
20 % of the budget was distributed to mission and local charities.
Friday Morning Café extended the opening hours. It continues to grow and is well
attended by all ages from the local area.
Using building to support local groups- Dementia Café, indoor kurling.
Developing links with Lancaster House - a local not-for-profit organisation providing
support and housing for homeless young men - and supporting where able.
Supporting Early Essentials - a charity which provides starter packs for vulnerable mums
and babies.
Financial Review
The principal Sour￿ of funding is regular gifts to the church, mainly re￿iVed from members
and regular worshippers. The gifts have proved sufficient to pay the salaries of the church's
employees, maintain the church owned building, pay servicelutility bills, and support various
activities undertaken by the church and support mission work.
Total income for the year was £312,065 (2023 - £241,791) and total expenditure was
£308,474 (2023 - £242,445).
Reserves at 31 st March 2024 amounted to £2,780.389 (2023- £2,776,798) of which £6,195
(2023 - £11,044) is restricted and £3,577 is designated {2023 - £3,694)
Reserves Policy
The Trustees policy is to retain minimum cash-backed unrestricted reserves sufficient to
meet the foreseeable needs of the Church. This is estimated to be around £30,000.
At 31 March 2024, the charity had total unrestricted fvnds of £2,774,194 (2023 - £2,765.754)
of which £65,930 (2023 - £55,426) was in cash or cash equivalents. This included £3,577
{2023 - £3,694) of designated funds.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ELMWOOD
CHURCH
Independent examiner's report to the trustees of Elmwood Church
I report to the charity trustees on my examination of the accounts of the Company for the
year ended 31 March 2024.
Responsibilities and basls of report
As the charity's trustees you are responsible for the preparation of the accounts in
accordan￿ with the requirements of the Chariti'es Act 2011 ('the Act,).
I report in respect of my examination of the charity's accounts carried out under section 145
of the Act and in carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity's gross income exceeded £250.000 your examiner must be a member of a
body listed in section 145 of the Act. I confirm that l am qualified to undertake the
examination because l am a member of Institute of Chartered Accountants in England and
Wales which is one of the listed bodies.
I have completed my examination. I confinn that no material matters have come to my
attention in connection with the examination giving me cause to believe that in any material
respect:
accounting records were not kept in respecl of the charty as required by section 130
of the Act; or
the aGcounts do not accord with those records; or
the accounts do not comply with the applicAble requirements concerning the form and
content of accounls set OLrt in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fair view, which is not a
matter considered as part of an independent examination.
I have no concerns and have come across no other mattefs in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
Mr A Edwards ACA ACCA
Institute of Chartered Accountants in England and Wales
Dunhams Chartered Accountants
11 Warwick Road
Old Trafford
Manchester
M160QQ

ELMWOOD CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024
NOTE UNRESTRICTED
FUNDS
RESTRICTED TOTAL
FUNDS
FUNDS
TOTAL
FUNDS
2024
2023
INCOME AND
ENDOWMENTS
FROM:
Donations and
legacies
Charitable adivities
260,136
37,209
297.345
226,326
14,639
81
14,639
11,549
Other income
81
Total incoming
resources
274,856
37,209
312,065 241,791
EXPENDITURE ON=
Charitable activities
265,726
690
42,058
307,784 241,815
690
630
Other
Total resources
expended
266 416
308 474 242 445
Net income
(expenditure)
7.750
{4,849)
2,902
1654)
RECONCILIATION
OF FUNDS
Total fvnds
at 31 March 2023
2 765 754
11044 2776798
Total funds
at 31 March 2024
2774 194
6 195 2 780 389
The notes on pages 10 to 14 form part of these accounls.
There were no recognised gains and losses other than those included in the income and
expenditure accounts.

ELMWOOD CHURCH
BALANCE SHEET AT AS 31ST MARCH 2024
NOTE UNRESTRICTED RESTRICTED TOTAL
FUNDS
FUNDS
FUNDS
TOTAL
FUNDS
2024
2023
FIXED ASSETS
Tangible assets
2,708,264
0 2,708,264 2,710,328
CURRENT
ASSETS
Debtors
8,750
25
8.775
11,564
Cash at bank
and in hand
73,416
6,195
79,611
73,903
Creditors:
Amounts falling
due within one
year
NET CURRENT
ASSETS
10
65,930
6,195
72,125
66,470
NET ASSErs
FUNDS
Unrestricted
2,774,194
2,774,194 2,765.754
Restricted
12
TOTAL FUNDS
Approved by the Trustees and signed on their behalf by:
David Mccomiick
Sally Prentice

ELMWOOD CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024
Accountlng Policies
The principal accounting policies are summarised below. The accounting poliaes have been
applied consistently throughout the year and the preceding period.
Basis of Accounting
These accounts have been prepared under the historical cost convention with items
recognised at cost or transaction value unless othetwise stated in the relevant note(s) to
these accounts.
The accounts have been prepared in accordan￿ with the Statement of Recommended
Practice: Accounting and Reporting by Charities preparing their accounts in accordan
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) issued on 16 July 2014
The presentational currency is pound sterling, and the accounts are rounded to the nearest
pound.
Recognition of income
All incoming resources are included in the stalement of financial activities when the charity
is entitled to the income and the amount can be quantified with reasonable accuracy.
Income from investménts is included in the year in which it is received.
Tax reclaims on donatlons received.
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gfft and is
treated as an addition to the same fund as the initial donation unless the donor or the temis
of the appeal have specified otheTrvise.
Resources expended
Liabilities are recognised where it is more likely than not that there is a legal or constructNe
obligation committing the charity to pay out Tesources and the amount of the obligation can
be measured with ieasonable ￿rtainty.
Charitable expenditure
Comprises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature ne￿SSary to support them.
1. Tangible Fixed Assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.
Depreciation is provided at rates calculated to write off the cost residual value of each
asset over its expected useful life, as follows:
Fixtures. Fittings & Equipment - 200/0 reducing balance
io

2. Donations and Legacies
Unrestricted Restricted
Total
2024
Total
2023
Donations - gift aided
Donations - not gift aided
Gift Aid tax recovered
158,458
64,854
610 159,068
36,440 101,294
159 36982
125,951
68,549
260 135
37 209 297 344
224 765
3. Income from charitable activities
Unrestricted
Restricted
Total
2024
Total
2023
Early Years Groups
Events & use of facilities
6,097
4,669
6,097
4,669
5,304
4,535
Other income
4. Interest
Unrestrictsd
Restricted Total
2024
Total
2023
HMRC - GA interest
81
81
81
81
5. Charitsble activities c¢)sts
Unrestricted Restricted
Total
2024
Totsl 2023
Insurance. light & heat
Catering & cleaning
Repairs & renewals
Premises costs
13.017
6.308
13,017
6,308
22,6
1.780
12,413
5,418
33.313
22.665
1.780
1,397
Salaries & staff costs
137,418
10,513
1,790
137,418
107,241
9,942
1,310
3,207
6,770
Youth & children's work
10,513
1,790
Speakers expenses
IT costs
Miscellaneous
4,239
34,738
38,977
li

Rebranding
Events
2,407
2,407
107
2,304
2,085
4,159
2,246
47.786
2,304
2,085
4,159
2.246
6.014
1,157
Music and worship
Telephone, office and stationery
Training
Donations to mission organisations
Depreciation
Total
4,536
686
7.320
55.106
45.724
265 726
42 058 307 784
234 588
6. Support costs
Unrestrictsd
Restricted
Total Total
2024
2023
Independent examination
690
690
630
690
690
630
7. Stsff costs
2024
2023
Salaries and wages
Social Security costs
Employers NIC rebate
Pension contributions
125,910 99,168
8,580
7,592
(5,000) {5,000)
5,630
4,310
95
103
Death in Service
Reimbursed expenses
137 418 107 241
No employee received remuneration which would amount to more than £60,000 in any one
year.
The average number of employees during the year was:
Pastoral
Youth & Children, work
Administration & building maintenance
12

8. Transaction with Trustees
None of the trustees have been paid any remuneration or received any other beneffts from
an employment with their charity or a related entity (2023 - nil)
No trust￿ expenses have been incurred (2023 - nil)
9. Debtors
2024
2023
Gift Aid lax recoverable
3,476
5,224
75
3,026
Prepayments
other debtors
8,228
310
10. Creditors
Accruals
5,261
2,225
4,801
1,678
954
Tax and Social Security
Other creditors
11. Tangible Fixed Assets
Freehold Fixtures,
Property
Fittings &
Equipment
50,742
Total
Cost at 1 April 2023
Additions
2.700,000
2,750,742
Disposals
Cost at 31 March 2024
2 700 000
2 750 742
Depreciation at 1 April 2023
Charged for the year
Total at 31 March 2024
40,414
40,414
Net Book Value
at 1 April 2023
at 31 March 2024
2 700 000
2710328
2 700 000
2 708 264
13

12. Restrictsd Funds
Brought
forward
Incoming Outgoing
Carrfed
forward
Mission support
Sound & Music
2,939
668
6,607
7,320
491
2,226
177
Building
Hardship
Internal Ministries
1.000
1.000
5,667
846
4.641
1,872
770
290
140
920
Conduit gifts
Name of restricted fund
Description, nature and purpose of the funds
Support of individuals and organisations working in the
UK and elsewhere to further Christian Faith and to
support the needs of others
Provision of sound and vision equipment for Elmwood
Church
Mission support
Sound & Music
Building
Hardship
Improvements to the building
Provision of assistance both to the fellowship and to the
wider community
Support of internal ministries of Elmwood Church
Gifts given for specific support
Internal Ministries
Conduit gifts
14