REGISTERED CoMP1V NUMBER: 08819716 (EThglaud and W2lesl REGISTERED CHARITY NUMBER: 1156523 -REPORT OF THL TRLISTEES AND STATEMENr .FtNANCIAL _ FOR THE IT.4R E.NDED 31 DECE.MBER 2020 FOR LL'EL CHURCH B Francis ja[[ & Panner5 LLP Chartered Accounlants 1386 tA)ndon Road Leigh on Se Essex SS9 2UJ
LMMANUEL CHURCH BRENTWOOD COliTE)T% OF THE FIryAI%CI.4L 8TATEMEf4T8 FOR THE YEAR ENDED31 DECEIIBER 2020 Page Report of tbe Trnstees Independent Examiner's Report Ststement of Activitie5 Ba1ce Sheet Notes to the Financi81 Stgtements 7 to 12 Det8ilcd Ststement ofFinaneia] Adil'iti 13
IMMANUEL CHUR_CH BRENI TWOOD REPORT OF THE TRIT.STEES FOR_TH£ YL.. AR ETDED 31 DECEI¥IBER 2020 The truste% who are also directOT5 of the chality for the PUTposes of the Compallies Act 2006. present theii ieport with the fillancial statcmcnts of the charity foi the yar ended 31 DLxcmbcr 2020_ Thc truste¢s have adopted th¢ provisions of Accounting Reporting by C'han"ties.' Siatemeni of RecomTllended Ptactice applicable to ¢haritie5 prepaTing their accounts in acctsrdancc with the Financial Rq)orting Standard applieabl¢ in thc UK and Rq)ublio of Ireland IFRS 102) {effeetive l January 2019). OBJECTIV"ES AND AcfiviTIE8 Objectives alld aims The objects of thc church arc the adi'ancemcnt of the ChrÈstian faith (as mole panicularl), describcd in thc Memorandum and Articles of Association Article ).1) for the benefit of thc public. ill particular but not ¢xclusivcly by.. li) The advancomLnt of Christ's Kingdom by the faithful teaching of the scripturL% Immanu¢l Church Brenhvood and by the recruitsncnt education tiaining and sending of gosp¢l Zni$l¢5 and othcts around thc Lllli Kingdom and abroad to establtsh and rcncw Christian churches and ministries rclaicd thcrelo: (li) The suppon of any person or per50ns experiencing need hardsbip or phj'sical or mental distses5: and (iii) The support of Chtistians who are engaged full-time the missionary work of Proclaiming the gospel and in brioging Othe to believc in Jesus Christ and to jiv¢ in aLcordanL". with his teaehing. Volunteers Durino th¢ ycar thc aciiiitics w'ere dcpcndani thc volullteer hours rcccivc(t Lr has bccn caicuiat¢d that this equatcs to approximately 50 volunteer5 giving benveet] l and 5 bouts per K'ttk. Church Government Imrnanuel Church Brentw'ood is an independcnt refomied cvangclicaI chutch. Its doctrinal stdndard is the Wcstminst Confession of Fasth. It is gO¢med by its Elders and TDJStee5. &55iSted by an exkrnal Coullcil of Reference. ACHIEVEMENT A.YD PERFORMANCE ChaTlt&ble actiTrities Thes¢ are fully detailed in the annual report. FIN.4NCL4L REVIEW Reserves policy The Church policy is to hold resent5 equa] to approximaiely three months fixed overheads. Detsilb of financial perfomianc¢ are outlined in the annual re FLTTURE PLANS Thc.8c arL. full! dotailed in the annual roporL STRucfuRE, GOVERNANCE AfD MLNAGEME.NT Governing document The charity is controlled by its governing documenL a deed of wi. and coDsti¢utes a limited company? Jimited by guaranice, & defined by the Companic5 Aci 2006. Recruitment and Sppointment of trusttts Trusices arc cleLicd by thc Nlembcrs of the Churcb ai th¢ ann1 gencrnl meeting. Pagc I
IML*NuEL CHURCH BRLITWOOD REPORT OF THE TRITSTELS FOR THE YE.4R EED 31 DECEIIBER 2020 STRUCTUR4 GOVERf4ANCE ND MAYAGEMEf4T Organisational structure Tmstees are eitber ex officio or elttted by the a]la1 church meeting in accordance with the MeAnoraJLdum alld Articles of AoCiation. t>urtng the vear the following ser as m¢mtrtrs of th¢ Board of tl¢e5. Minister in charge= Rcvd A J Cyrcy Elders.. Mr CJ L Wright Mr M R SIther$ Mr J R Grea] Mr W R Trump (Associate Minister) Tnt£es'. MrsLEEFcnn MrSTGBSearner Mr D R A PatSOnS Mrs D J Gilderson Miss A J Dnunmond (Resi-.eil- 17J0512020} (rreasurer) {Apw)inied- 1710512020) {App)iTrtcd- 1710512020) IDduction alld training of De. trustee5 Trnsiees are provided M'lth a copy of the Ctwity ComlssIon.0Idance. Char5ty Tnlet - whavs involi?ed. REFERENCE AND ADMINISTRATIVE DETAILS Reuistered Compan}. number 08819716 (England Wales) Registered Cbarity Nvmber 1156523 Registered orriee The Bays Ashwells Road Pilgnm5 Hatch Brenhvood Essex CM15 9SE Trustees Rev A J Grey Minister of Religi( Mr G L Wright AssoCie Minister Of Relig]on Mrs L E E Fenn Execuiive Assistant Mr S T G B Seamer Insurdn¢e Underwriter {r¢5iglled 17..'5llOI Mr D R A Parsons C.harteied Accountant I r M R SmitheTS Asst Principal FuTther EducLlion College hfr J R Gr¢cll C,ollsultant c.linical Scienu5t Mr W R Trnlnp Insurance Consultant Mrs D J Gilderson Retired Drii'ing Instructor (apw)inted 1715120) Miss A J Drummond Seitlements Analyst (appointed 1715r20) Company Secretars. MrDRAPOnS
IMMANUEL_C_HURCH_BRENTWOOD REPO.RT OF THE TRIISTEES FOR THE YEAR ENDED_31 DECEIIIBER 2020 REFEREE)CE.thD ADMINISTRATIVE DET.4ILS Independent Examiner Fran¢is Jamcs & Panners LLP Chartered Accountants 1386 London Road Leigh on Sea Esscx SS9 2UJ Bankers CAF Bank Ltd 25 Kingb Hill Avenue Kings Hill We* Mallillg Kent ME194JQ PL'BLIC BENEFIT The annual rcpon dcscnkn the activitics undcrtsken by the Church during thc pcriod to further. in the opinion of the trust¢e5. lis chaTitsble PUTposes for public benefit. The trustees are of the opinion that th¢v have COp]icd with the duty in swtion 17 of the Charlties Act 2011 to b2v¢ due rcg2td to tne public benefit guidancc published b) thc Charity Cornmission. Approvcd by order of the board of trustecs OD 14 May 2021 and signed on its bchalf by.. Mr D R A Parson5- Trustee Pagc 3
INDEPENDENT EXAI¥IINER'S REPORT TO THE TRUSTEES OF
IMMANUEL CHURCH BRENTWOOD
Independent exarniner'$ report to the trustees of Church Brenhs'ood ('tbe Company,)
I report to th¢ charity trust¢C5 on my examinatson of the aounts of tht Company for th¢ Y endeAJ 31 December 2020.
Responsibilities and basis of report
As the charity's irnstecs of thc c.ompany (and also its dinxtors for thc purposcs of company lawl you ate rcsponsiblc for
the preparation of the accounts in accordance with the requirements of the C'ompanies Act 2006 ('the 2006 Act,).
Having satisfied myself thai the accounts of the Company are noi required to be audited under Part 16 of the 2006 Act
and arc cligibl¢ for indcp¢nd¢nt examination. I r¢tKJrt in rcspcct of mv cxamination of your charity's accounts as carried
out under section 145 of the chltieS Act 2011 Ilhe 2011 Acfl. In carying out my exarnination I have follow the
Directions given by the Charity Commission und¢r 5¢ctiou 145(5) (bl of thc 2011 Ad.
Independent examiner's statement
Since your charity's OsS tncome exceeded £250:000 }(Mtr examiner M$1 be a membcr of a listed body. l ¢8n ¢onfinn
tbat l am qua]sfied io undertake the examination because l a a estered rnernbei of BA {Honsl FCCA ACA which is
onc of th¢ listcd bodi¢s.
I havc cornplct¢d tny ¢xamination. l ¢onfinn that no mattcrs havc comc to my attcntion in conncction with the
exaTninatioll g]ving Ene cAuse to klieve..
accounting reconls were not kept in respect of the C4)mpany as TequiEed by sectioll 386 of the 2006 ACL or
th¢ accounts do not accord with thos¢ rccords: or
the accounts do not coutply with the acc(Truntiug reqvitements of section 396 of the 2006 Act other iban any
requirement tha¢ thc accounts a truc and farr vicw which is not a TTratter considered as part of an indepcnd¢nt
examinatio or
the accounts h&vc t¢ bccn prepared in a
LMMANi'EL CHt'RCH BRENTWOOD STATEi¥IEIT OF m.INC.I.4L AC.TTrITtES FOR THE YEAR EThiDED 31 DEC.ENIBER 2020 2020 Total funds 2019 Total funds GeneTat DesigDated Restrieted funds fi]nds fuJ)ds INCOME ATr4 ENDOWMENTS FROM Donations and legacies Charitable Activities OtheT tradiDg actiwiue5 229.730 61875 11.144 303.749 237.076 21 21 190 Oth¢r in¢oTn¢ 8il 230.i82 831 304,601 1,008 238,274 62,875 EXPENDITURE O Charitable activities Religious activities 180_216 1_524 16.527 198.267 233,949 Net iTLCOTne before transfers to designated 50_366 61351 (5.3831 106,334 4.325 TraJJsfeTS 50.000 43.000 7.000 PIET INCOME 366 104.351 1.617 106.334 4.325 RECONCILIATION OF FUNDS Total funds brought fonva 48.919 275.540 4.965 329,424 325.099 TOTAL FuDs CARIUED FORWARD 49ll8i 379.891 6.582 435.758 329.424 cONTINuG OPERATIONS AII iTLcorne and ¢xp¢nditur¢ ha5 ari5eD from corJtiDuing aaiviti¢& The tlotes foryn part of theK firsanciaj Pag¢ 5
IhlllAINIIEL CHtJRC.H BRENn00D B.4L.ANC.E SHEET AS AT 31 DEC-E.%IBTr.R 2020 2020 Totsj funds 2019 Total fi]nds Gener21 De5i£nated Resrricted funds funds fimds CURRENT ASSETS Debtors Cash at bank and in hand 1.768 i8.308 11,768 444.781 9.363 352.869 379.891 6J82 70.076 )79.891 6.582 456.i49 362,232 CREDITORS Amounts falling due 'ithin one l'ear 120.7911 ?0,7911 {32.8081 NET CURRENT ASSETS 4928) 379.891 6J82 43i.7i8 329,424 TOTAL ASSETS LESS CURRENT LIABILITIES 379.891 6.582 435,758 329.424 F4ET ASSETS 49.18) 379.891 6,582 4J5.7i8 i29,424 TOTAL FUIIDS i79.891 6.582 4Ji.7i8 )29.424 The charitable eompan). is entitled io ex¢mption frotn audit under Section of the Comp8nÈes Act 2006 for the s'ear ended 31 De¢embeT 2020. The members hai'e not required the charitsble companN' to obtain am audit of its faCiaL statements for the yEar ended J l December 2020 in accordance ivith Sectton 476 of the Companies Act 2006. The in(eeS acknom'ledge their reswnsibilithe5 for {a) ensurinov th the clmritable ¢ornp8n}' keeps accounting records that compl!" M'ith sections J86 and 387 of the Companies Act ?006 and preparing financial statements ii'hieh aj3'¢ a true and lair i'iem. of the state of aft[S of the charitable eompan)" a5 at the ertd of tseh financial and of its surplus or deficit for each financial i.ear in accordante iiiih ihe requirements of Se¢tions J94 and 395 and ii'hich other¥i'ise cotnpl!. ii'ith the requirernents of the Companies Act ?006 r¢ling to fiDanciaJ 5tstrments, so far &5 applithle to the charitable compan),. Ibl The f]nancial statements h&Tr¢ been prepared in at(x)rdance iiith the proTrisions applieable to charitsble companies subject to the small compauie5 retsime. The financial sthtemeTrts li.e approN'ed . the Board of Tn on .... and iiere signed on its behalf b!.: Mr D R A Parsons - tnjsttt The notes fottn part of these fmall¢ia] slatements PLLe 6
I.MMAP*UEL CHURCH BRF.NTWOOD NOTF.S TO THE FINNCIAl. ST.4TE.IIEhTS FOR T.HL YEAR_EN_D_ED_3I DECEIJBER 2020 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statcJn¢nts of thc cltaritsble compally. whi¢h is a publie nefit cntlty und¢r FRS 102, have bccn pre.pared in accordance the ChitIeS SORP {FRS 102) 'Accounting and Reporting by Chartties: Ststement of Recommendcd Practice applicablc to ¢harities preparing their accounts in accordan¢c with thc Financial R¢porting StanddTd applicable in the UK and Republic of Ireland IFRS 102} {effeCtie l January 2019),, Financial R¢pofting St2nilard 10? Thc Financial Re[rtIll. Standard applicable in the UK and Rcpublic of Irelalld, and thc Companies Act 2(M)6. The financial statements hai'c ell preparcd vndcr the bistorical cosi onvention. Financial reporting standard 102- reduced disclosure exemptioDS The charitable LmpanY has thken ad'atage of the follow'iniy d]"sclosure eXtptionS in preparints these financial SL2ternents. as t[nitted by FRS 102 The Financial Rqrting Srandard applicable in the UK and Republic of the requirements of Section 7 Ststfflnent of Cash Flows. Income All income is Ttcogntsed in thc Stratcent of Financia] Activitics once the charÈty has entitlernent to the fitnds, it is probable that the income will be received and the amoun( call be measured reliably. Expenditure Liabilities are recognised as expendiDJre as soon as there is a legal or constnkctive obligation con]mitting the ehatity to that cxpenditurc, it is probablc tbat a transfcr of economie EncritS i¥'ill be requircd in scttlcjnent and the aTnount of the obligatign can be Muled reliablv. ExpenditUTe is accounted for on an accruals basis and has bccn classificd llnder hcadings that aggrcgale all cost rclat¢d to the categorv. Whcre costs cannot bc directly attributed to panicular headings they have been allocaied to acEiiiiies on a basis consi51ent with the use of rG8our¢es. Also sncludcd is foresccablc cxpcnditule COmltent ini'olvcd in devcloping the church. Taxatioll The charity is exem from cortK>ratioTJ tsx on its dwitsble acliiities. Fund accountlME UJ)restricied fuDd5 can be used in accordance tb the charitable objectii'es at the discLetioll of the tnjstees. Restricted funds Can only be US for particular restricted purpos within the objects of tbe Lharity. Restrictions arise when spe¢ifJcd by thc donor or ivhen funds arc raised for parttcular restricicd purposcs. Further explaT]ation of the nature and purposc of each fimd is included in the notes to thc financial statements. OTHER TRADING ACflVITIES 2020 2019 Bookstall sa]es 21 190 Page 7 continue&..
IMMANI bEL CHtTrr CH BREhryWOOD NOTES TO THE FPILICIAL STATEMEP(rs- continued FOR THE YEèlR ENDED 31 DECENIBER 20ZO TRUSTEES, RELMUJI ERATIO,Y AND BENEFITS R£muneration paid tnLStecs wholly in the capacity a5 employees tothlled £85.459 { 2019.. £84.6041. No remuneration was paid to indiYidua]s in the capacity a5 tn]stce512020.' nil ). Trn5tee5' expenses Expenses totalling £796 (2019 .' £1636) were paid to ttlLsiees durincff the yw. STAFF COSTS The average monthly numbd of employeei duriug tbe year wts &$ follows.. 2020 2019 Staff No ernployets received evn0luents in excess of £60,(KKI. COMPARATIVES FOR THE STATEME.NT OF FINAf4CIAL ACTIVITIES Unrcstsicted fimds Restricted funds Total nds ]FiCOME AM) ENDOWI4IEPaS FROII Donations and legacies 231.111 5,965 237.076 Other trading activities Other incomc 190 l.(K)8 190 I,(M)8 Total 232,309 5,965 238,274 EXPENDITURE OF*, Charitable aetiiities Religious actii'itlC5 232.949 i.o(K) 233.949 NET IICOMEI(EXPENDITLRE) (640) 4.965 4,325 RECONCILIATION OF FufiDS Total funds brought lorn'xrd 325.099 325.099 TOTAL FUNDS CARED FORWARD i24.459 4.965 3?9,424 Page 8 continued...
IMMuEL CH.URCH BREJTWOOD NOTES TO THE FICIAL STATEIIENI T.S- continued FOR T_HE_YEAR EPIDED 31 DEC.EIIBER 2020 DEBTORS: AfOUNTs FALLJNG DUE W'ITHIN O)1 E YEAR 2020 2019 Other debtors 11,768 9,363 CREDITORS: AMOUFIYS FALLlTr*G DUE 147THtN OYE YEAR 2020 2019 Othcr ¢rcditors 20,791 32,808 MOVEMENT IN Tr-UIYDS Net moiement in fvnds TTan5feTS between funds Ai 31112120 At i/ir20 LTnrestricted funds Generdl fllnd Dcvelopmcnt fund- Designated Hardsbip fid 48.919 271.799 3.741 50.366 50,i75 10.976 (50,00(k) 43,000 49285 365.174 14,717 324.459 Restricted fullds Word Alive C'otnerstone c.hurch Grays 111,717 (7,000) 429,176 1265 3.700 (4.118) 7.000 6,582 4.965 (5.383) 7.IM)O 6.582 TOTAL FLNDS 329.424 106.334 435,758 Net movem¢nt in fijnds, included in the alK)we aTe as follows.. IncOlg Re50ur¢es exnded Movemcnl in funds Unrestricted funds Generdl fund Development fimd- Designat¢d Hardship fund 230.582 50,i7i 12.500 (180a16} 50,366 50.375 10.976 {1.524) 29),457 Restricted funds Word Alive ComLrsionc Church CJfdyS {181.740} 111,717 19.4091 17.1181 (1,265) {4.118) 3.0(X) 11,144 (16.527) (5,3831 TOTAL FU)DS i04.601 (198.2671 106.334 Page 9 Continue..
ILmANUEL CHURCH BRENryWOO NOTES TO THE FIYANCIAL STAT£MENTS- continued FOR THE IAR ElSmED 31 DECEhlBER ?020 MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movemeDt in fi]nds At 31111119 At 111119 UDrestricted ftthds Generdl fut)d Developmcnt fi- Designated Hardship fund 411,440 271.799 4,860 479 48,919 271,799 3,741 325.099 16401 324,459 Rtstrieted fund$ Word Alive Corncrstone Church Grays .265 3.70 1.265 3.700 4.965 TOTAL FUNDS 325,099 4325 329,424 Comparative net rnovemeut itl fid5, i¢]U1 in the aboi'e are as follows.. Incoming resource5 Resources expended Movement iTk fijnds Unrestricted fullds Gelleral fulld Hardship fimd 232J09 (231,830) (1.119) 479 (1,1191 232309 (232,949) {6401 Restricted funds Word Alive Cornerstone Church Grays 2265 3,700 (1,000) 1,265 3.700 5,96) {i.000) 4.965 TOTAL FUYDS 238,274 123).9491 4.325 Page 10 continued...
lilfM_A)[IEL_CHURCH BRENTWOOD ,NOTF.S_T_O TIIE FI)ANCIAL_STATENIENT8- continued FOR THE YEAR ENDED 31_DECEhJBER 2020 MOVF.IIENT IP4 FUNDS- cotined A currcnt 12 months and prior year 12 months combincd SitIon is as follows= ct Transfcrs beim'een nds ]noi'ement in f[lts At 31112t2n Ai [11119 Unrestricted funds Gcneral fimd Dcl'clopmcni fund- Designated Hardship fund 50.845 150.000) 43.000 49.28) 365.174 14.717 271,799 4,860 9.857 325.099 R¢strictcd thnds Cornersione Church Grays 111,077 {7.0001 429,176 {418) 6,582 TOTAL FUTr4DS 32i.099 110,659 435.758 A currcnt s'car 12 months and wior yrar 12 months combined nct movemcnt in fijrjds. itJ¢ludcd in the above are as follows.. lttcoming [curceS Resollrces cxpendcd Movement in funds LTNrestricted funds CJenLYal fund Development fund- DesigTJat¢d Hardship nd 462.891 50,37) 12,5(N) (412.0461 50,845 50,375 9,857 12,6431 Rcstrietod funds Word Alive Corncrstonc Church Grays 525.766 (414,689) 111,077 10,409 6.700 (10,4091 {7,1181 (418} 17.109 (17.527} (4181 TOTAL FUNDS 542.875 143?,2161 110,659 The Development fund is a designated fund Set &stde for the likely purchase of a maN%, hoW,er it may be used for oth¢r purposes. The Hardship fijnd is a designated filnd set aside to 1St chwch eMberS who have fallen upon hard times financially. The Word Alive fid is monev teLeii'ed specifically for the cost of altending the Word Alii'e conference. Cornerstone Church Grdys is a new cbutch whiLh started in January 2020. Betrau5e it did not havt a bank account frorn the starl ICB to a¢1 as its bauker, Tecciving gifts io Corncrstolle and kecping them in a rebtricted fund account from which any bi115 We paid on cornerse'S behalf. Commione finaily opened their bank account carly in 2021 and the balance on thc restricied fimd was tsznsfcrred to that account on 19 February 2021. Pa.tre I I continued...
IMMANUEL CHURCH BRENTWOOD NOTES TO THE FINATr4CI.4L STATEMENfs- continued FOR THE YEAR ENDED 31 DECEI¥IBER 2020 RELATED PARTY DISCLOSURES Thcre w¢re no rtlatcd paty transaction5 for year ended 31 Decembcr 2020. Page 12
IMMAf+lUEL CHURC.H_BRENTWOOD D_ETAI.LED STATEMENT OF FIN.4TC.IAL AcfiviTIES FOR THE YEAR_ENDED 31 DECENIBER 2020 2020 2019 INCOME APD Ef4DOW'MENTS Donations and legacies Cjifts Gift aid 268,651 35.098 200.707 36.369 303,749 237.076 Other trading actiiitie5 Bookstall sale5 21 190 Other ineome InteTCSt rec¢ivcd 831 1,008 TotsI inetsming resourees 304.601 238,274 EXPE.IDITURE Charitable actiiities S<ilaTies and stipends Rcnt and accommodation Church njnning Costs Church sLrvices and E¢tivitie% Mission Tithe 102,159 40,034 7,006 24,537 21.716 108.487 60,383 6,452 10,897 43,098 195.452 229.317 Support costs Management Legal fces Indcpcndent cxaminet5 fccs 1,195 1,620 3.052 1,580 2.815 4,632 Total rosourccs CKpendcd 198.267 233,949 Net intome 106,334 This page does noi forni part of the Sthwiory finallcial ststetllellts Page 13