Cbaritv R¢gistrntIo￿ 1156523 C•mp*n)' Rol$tratlon No. 08819716 (En2land and Wale5) IMMAIYUEL CHL'RCH BRENTWOOD ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 IMMANUEL CHLRCH BRENTWOOD LEGAL AND ADMINISTRATIVE INFORMATION Tru$1¢ Mrss A J Dntmmond MrsLEEFenn Mr5 D J CJtldeAin Rty AJ GtLy Mr D RA Pa￿OnS Mr M R SmitheTS Mr W. R Trutllp Mr G L Wtjght Secretary MrDRAPatso Charity. llllmber 1156523 cO￿panY number 08819716 Registered orrite The Bays AshM'el]s Road Pilgrtms Halctl BTtntW(KMI CM15 9SE Ind¢p¢ndent ¢x•mlJ)¢r Francis James & Pallnets LLP 1386 1A>ndots Road Leigh on Sta Essex England SS9 2UJ Banke CAF Bank LTD 25 Kings IIillAictnJc Kings Hill West MalliDg Kent England ME194JQ IMMANUEL CHURCH BRENTWOOD CONTENTS Page Trustees. rewi Independent exaD]inerfs report Statemeni orr]Dancial actiYitie5 Balanct shect Notes to the fitjancial sratemerlts 7-12 IMMANUEL CHURCH BRENTWOOD TRUSTEES, REPORT {LNCLUDllYG DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2021 The Irustee$ pffsent their 8￿nY21 TEw>M and rjw]ti￿ s&tements for the yearethled 31 Detember 2021. The fitwicial statements have been prepard in accorda￿% with the accowiting ￿liCIeS ￿ out in no￿ I to the fittancial stalements and comply with tbe ch2rity's Memordndum and Anielcs. the Companies Acl 2006 2nd "Accounting and Rcporting by Clwitics.. statCDK￿t of Rccomn￿i{￿é Practicc applicabic to charitics prcparing thcir accounts in aecordance with ihc binancial Rcportlng Standard applicablc iD the LTK and Rcpublic of Irclalld {FRS IG21" Icffective l January 20191. Objectives alldActiirylies Objectives and aims The objects ofthc tburch are the advatt¢emttst of thc Cbrilliati faith (as mOTt parti¢u]orly dcs¢ribcd iTJ the Mcn]ordndurn and Articlcs of Association Attirle 3.11 for Thc bcncfit of the public. in particular but not exclusively by= li) The adi7ncetnent of Chrisvs Kingdom by the faithful te£chiDg of the ￿rIp)IreS at ImmaDuel Church Brentwood and by the recruiment education trdining and sendiDg of 005pel ministers and oihers around the Lnited Kingdom and abroad to establish and renew c.hristian churchcs and ministries relatcd therao; {ii) The support of any person or pcrsons cxtKYiencit)g Deed hardsknp or physical or mcntal distrc5s- and lili) Thc support of Chrisrians who arc cngaged full-timc in thc missionary work of proclaiming thc 05pel and Én bringinu others to believe in Jesus Christ and to live in accordance with his teachin Thc tNstccs haic paid duc rcgard to gwdat)cc issucd by thc ch￿lty Commission itt d¢¢iding what attiyities the charity shouldundertake. Church Government Inunanuel Cburch Brentwo(Ki is all independent reformed e3'aDgelical Church. its doctrinal sratmlard is the Westmin%ier Confession of Faith. It is govemed by its Elders Trustees, assistrd by an extrrnal Council of RefeJrn(x. Volllttteers During the year the activities were dependant upon the voluntttT hours reeeive4L It h&$ been calculated that this equat¢s to approximately 50 volunteers ￿VIllg bdween l and 5 houys per w(*L AChieve￿ents and Performante Charitable *divities These are fully (ktailed in the annual rq Ftnanela] Reilevl ReserYe5 polity The CTrurch wlicy is to hold reserves equal ￿ apprnxin￿t￿Y three months fftxed overheads. Details of financial ￿rformanCe are outlined in the annual INL IWULL CHURCH BRENTWOOD TRUSTEES, REPORT (INCLUDI7IG DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR EIYDLD 31 DECEMBER 2021 Structur4 Go%'¢rtt•tt¢c M*n#gemellt Governing document The charity is a company limited by gwrdnree. Tr chariry is colltrolled bv its .uoverDin£ d(Kummi a dccd of trllsl and constituies a limited compally, I]mated by guaralttee. &s defined by the C'ompanies Acl 21M)6. Recruitment and appointmetht of new trustees Trustees are elected by the members of the Church ele¢tOTal Tole at the annual gaKral meeting. The trustees. wbo are also the directors for the pwpose of Company law, and who sen'ed durints the year and up to the date of siiynature of the fmancial statements wete.. Miss A JDrummond MrsLEEF¢nn Mts D J Gilde￿￿ MrJRGree Rei. A J Grey Mr D RA Par50n5 Mr M R Smithtts Mr W R Trump Mr G L Wright (ResigDed 11 January 2022) Nolle of th¢ trusiees has any beneficia] interest in the company. All of the tr￿sterS ate membe[5 of the compally alld guar&ntee to ci)ntril)ute £1 in the evenl ora winding up. Oreanis4tiollal strnctsre Trnstees are either ex officio or elec*d by tbe auDuai church meeting in accordance with the Mernordndum and Articles of As5(Kiation. DuriDg the year the follovéing Se￿ed mellthers of the Board of tr￿stces.' Mitiisier in charge.. R¢vdAJ Grcy Idets= MrCJ L Wright (Associatc Mtjjisicrl Mr M R SmithcES Mr W R Tnjmp Trusttes.. MrsLEEFenll Mr D R A PaT50NS ITrea5urer) D J th"Id¢rs(In Mi&sAJ DrullLTnond Induetion and traitting Of nesv trustees Trnsiees are provided with a Copy of the Chariry commi￿70￿ guidance"Charity Trustee- whaes involved.. IMMANUEL CHURCH BRENTWOOD TRUSTEES, REPORT (LNCLUDING DIRECTORS, REPORT) (CO_NTINUED) FOR THE YEAJI ENDED 31 DECE_MBER 2021 The tswtees, rew1 was appmved by the Bclard of TnLStees. Mr D RAP3rsoDs Trustee 14 March 2022 IMIIIAI¥UEL CHURCH BRENTWOOD INDEPENDENT EXAMThER'S REPORT TO THE TRbSTEES OF IMMANLEL CHURCH BRENTWOOD I report to the twstees on tny examination of the fllkanciai statements of Imllwnuel Chur¢h Brenhvood (the chaTity) for th¢ ytrdr cndixl 31 D¢cerTLber 2021. Re5pon$5bilities and basi5 of report As Éhe trustees of the charitv12nd 4150 its directlJES for the pwses of compaDy law) you are responsible for tbe preparation ofthe r]Danciai statements in a¢¢ordallce with the requirements of the Compalli¢sAci 2(KK) (the 2006A¢tl. Ilaving satisfted myself that the financial stalements of the charity are llot ￿ired to be alldit￿ uthder Part 16 of the 2006 Act and ar¢ eligible for indepelldeni examinaiii)tt, I rLVQrt In ￿spe￿ ofmy cxatllinaiion ofthe ¢harity's financial statcments Carried out under 5ectiotL 145 of the Charities Act 2011 (the 2011 Aetl. In carying out n)y examiDation I have followed all the applicable Directions gil'e￿ by the Cbarity Commission under %ction 145(5)(b) of the 2011 ACL llldependent examiner's statement Since the charity s gross income exceeded £250,(MM) yow examinLY must be a mcBJlKr of a }￿Y listed iri section 145 of tbe 2011 Act. I confimi that l aTn qualified to undertakc thc oxarni￿ti¢M because I a mctllber of , ￿hleh i5 onc of the listed bLKJie5. I havc complct¢d Tny examination. I confjrn that no matt￿S bave come to rn) attention in cotjnettion the exarninatio gik'ing me cause to beliei'e that in any material respc¢i= a¢counting record5 were not kcpt iti tEwl of the Lhatity as rcguircd by seaion 386 of thc 2006 Act. or the financial statements do not accord ￿'1th thfyse re¢ords: or the fJnan¢ial slatemcllts. do complv with thc ac¢ounting requiTemcnts of seaion 396 of thc 2006 Att other thaD ally requirement that the aceounts give a true and fair view wllich is llot a matter considered as part of an independent Kami]￿tion. or the financial Stat¢￿ents bave not F*cn prcpared in accordanee with thc ￿cthOdS and principles of the S￿te￿ellt of ReCOn￿ended Prdcticc for a¢¢owiting and rcporting by chariiies applicablc io ¢hJrities preparing thcir aCCo￿ts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FR5 102)- I h2ve no ¢on¢ems a]]d have come acro&s no other matters in ¢o]me¢tion ￿7th the exam5nation 10 whi¢h attentioo should be drawn in this report in order to enable a proper understanding olthe financial statements to be rea¢bed. Fr%n¢i$ J*rne5 & Partners LLP 1386 LoniloD Road Leigh on Sea Essex SS9 2UJ England Dated.. IMMANUEL CHURCH BRENTWOOD STATEmE￿T OF FINLICLILACTIVITIES INCLUDING 1￿COllIE AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 Unrestricted funds 2021 Re5trictcd fuDds 2021 Tol41 Lnrc5trictcd Restricted IKnds funds 2020 2020 Total 2021 2020 Income from". Donatsons and legacie5 Charitablt xctivities InvcsLments 347.089 347.989 292.(A)4 11.144 303.748 21 831 4(b9 831 Total income 3482￿2 293.456 11.144 304.600 enditsre on: ChaTitsblc activitiL 213.897 7,483 221 J80 181,740 16,527 198267 Gross trall5fers ltheeD funds et inr0￿¢1(exp¢￿dlthre) for th¢ y¢*rl Triet moi'ement in funds {7,000) 7,(K)O 134J05 (65831 127.722 l(H.716 1,617 106,333 Fulld balances ai l January 2021 429.177 6583 4)5.760 324.460 4.965 329.425 Fund balan¢e$ at 31 December 21121 563,482 563,482 429,176 6,582 435.75S The ststement of flnancial activities inclth all gains a￿1 losses reCo￿Al$ed in the year. All incom¢ and eX￿ndI￿re duive frotn rontinuing activitic5. The statrment of fjnanctal activities also complies with the reqllimeDts for an income and expendill￿e account under the Cornpanies A¢t 2006. IMMANUEL CHURCH BRENTWOOD BALLNCE SHEET AS AT 31 DECEMBER 2021 2021 2020 Flxed 2$sets Tangible assets 709,937 Current assets Debtots Lash at bat)k and iti haDd io 11.768 444,782 138.387 142205 456,550 Creditors: amounts falling due Thithkn oll¢ ye*r 12 118.865) 120.792) Nct curretst assets 123340 435,758 Total a&sets les5 cllrr¢nt liabilitles 833277 435,758 Credltors: amounts falling due after more than ODe year 13 (269.795) et asset$ 563.482 435.758 Income funds Resttieted lunds UJJrestri¢ted funds 6.582 429,176 563.482 563,482 4J5.758 The tompany is entitled to the exemption from the audii requiremeni contsined in seciion 477 of the CompanKes A¢t 21M)6. foi the year cnded 31 December 2021. Thc directors acktiowl¢dg¢ th¢ir Tesp)nsibililie5 for cornplyiDg with the tequirements of th¢ Co￿LpaniC5 Act 2006 with respect tn aCcO￿tillg worijs and the prepar￿lon of finaucial Statements. The members have not required the compally io obtain an audit of its finan¢ia] ststrmeDts foE thc year in qucstion in accordallce with se¢tion 476. These flnancial statements have been prepared ill a¢¢ordan¢e tbe provisions applicable to companies subject to the small companies regmie. The fJnan¢ial stateInents were approved by theTnstees on 14 MaTch 2022 MT D R A Parsons Trustee CompaLy Reglstration No. 08819716 IMMANUEL CHURCH BRENTWOOD NOTES TO THE FItYLNClAL STATEMEINTS FOR THE YEAR ENDED 31 DECE_MBER 2021 AceouDtiDg policies Charity information ImTnanuel Church Br¢DtW(KKI is a private rompany livnit￿ by guarantee inCOTporattd in England and Wale5. The re￿stered offi¢e is The Bays Ashw¢lls Roal Pilgri]ns Haith LsseL CM15 9S 1.1 Accoumtimg Cortventio The financial sthtements have been p￿pared in xconlance with the charity's Metnorandum and Articles, CompaDics 21M)6, FRS 102 -Thc Finaneial Rcwting StaDdaTd applicablc sn the UK and Rcpub]ie of frcland" ("FRS 102,? and the Cbaritics SORP '.4ccouDtillo and RcrK>rtiDO by ch￿lties.. Ststemcnt of Recommcnded Prartice applicable to charities prq)ating thetr accouuLS iu accordallce with the Ftnallciai Reponing Standard applicable in the UK and Republic of Ireland IFRS 102)" lelTective l January 20191. Thc cbarity is a Public Bcnefjl Entity as defined by FRS 102. The charity h&s taken advantsge of the provisioTLS in the SORP for chariti&s not to prepare a Statement of Cash Flows. The fi[W￿la1 stateD]ents ate prepar￿1 Rn sterling, which is fut￿tiOnal currency of the clwity. Monetary amounts it) these financial SLqtements arc rounded to the nearcst £. The financial ststements havc bcen prep￿ed under the historica] wst CODvcntion, modificd to in¢lud¢ the r￿.0]UatIOn of fr¢¢h(>ld pn)p¢]tie$ 2nd to include in￿'eS￿lent propenies and cenain fJnall¢ial insts￿]nellts at fair value. The principal attountirtg policies adoyed 3re set out below. la Goillg concern At ihe lime of approving the financial 5ts*TlleDts. the have a reasonable expectation (hai the cllarity has adcquatc rcsourccs to continue to 0[￿lI0n￿l cxistcnec for thc forcsccablc ￿t￿re. Thus thc lrnstCCS CODtinlle to adopt thc going concern basis of at£ourttin£ prti￿￿g the fjnathcial sthtctnents. IJ Chxrltsble fund$ Unrestricied funds are available for use at the discrdion ofthe thjstees in furthera￿Ce of theireharit2ble objeetives. Rc5tricted fimd5 are subjtct to s￿ifiC condition5 by th>noT5 ￿ to how they may be userrowings in Cvrrent liabilities. B￿1¢ fillancial liabililies, inc]￿]llg cffditors and baDk 108D5 are itjittslly te¢ogw5ed at txaosaction price unless the alrallgcmcnt CODstitute5 a financing tW5artiO]L where the debt instnmK-nt is mea5urcd at the present value of th¢ fiitllre payments discounted at a tlwkd rdte of ittteresL Finaocia] liabiliues cI￿lfied &s payable ￿￿thIn one Jear are ni)t amortise(L Debt iDstnLments are subscquclltly catried at amorti5ed cos¢ u5illg th¢ ¢ff￿lIve iNerest rdte metho(L Trnde crtdiiors are obligattons lo pay for g(xth or seTh￿tes thai have F*et) acqutred in the ordinary cour5c of operntiorts from suppliers. Amounts pavable are classified as cutrellt liabilities if payment is dlle within one yeat 01 I¢s5. Iluot, thcy 3rc PlCSCDted as nOJL-currcni liabili¢ies. Trdde c￿dItorS are recognJs¢d initia]Ry at transactÉon price and sub5equ¢nt]y mca$￿ed at amortised c05t using thc effectii'e interest meth(Kt Finan¢i21112bilities are derecognised wben th¢ charity's ¢onW¢u2J obligatioDs expire or are discbarged or¢an¢elle IMMANUEL CHURCH BRENTWOOD I%OTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECE.MBER 2021 DoRatioDS aDd legaeies UDrestyi¢ted Restiirted funds Total Unrestyi¢ted Restricted fimds Total 21121 2021 2021 2020 2020 2020 Donations and gifL% 347,089 347,989 292,604 11.144 303.748 Charitable #etivities Charitable Illco￿e Hcadillu I 2021 Charitable come Hcadinv I 2020 Bookstall sales 21 Investments Unrestricted Unrestricted rund$ funds 2021 2020 ]nierest receivable 469 831 IMMANUEL CHURCH BRENTWOOD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE.4R ENDED 31 DECEMI BER 2021 Charitable attiTrities Charitable Cb*rit#ble Expenditure Expenditure Heading I He*dlng I 2021 2020 Staff costs Rent and accomodation Church rt]nning Costs Church serntes and a¢tiNTrties Developmeni fimo Lyl fee5 Indepelldallt examinatson 110,264 45,797 15,932 17.854 28,699 1214 1.620 102.159 40.034 7.006 24,537 21.716 1,195 1,620 221,380 198.267 221,380 198267 Analysi$ by fund Unrcstrictcd fimits Restticted fi￿dS 213,897 7,483 181,740 16,527 221,380 198.267 Truste¢s Trnstee expenses Expenses totalling £793 (2020: £796) wete paid io trusiets dunn¥ the year. Trn$tee remunervltion Rernuneration paid to trus¢¢¢s wholly in the c&pacity employees tots11￿ £55.549 { 2020.. £54,557). No remunerdtion wa5 paid to indivi(tuals in the c4M¢ity as I￿￿t￿S (2020.. Dil ). EmplDyee5 The ayerdge monthly number ofeEnployee5 durillg the yearwds.. 2021 Tr4umber 2020 10- IMMANUEL CHLTRCH BRENTWOOD NOTES TO THE FIIYANCIAL STATEMEIYTS (CONTINULD) FOR THE YEAR ENDED 31 DECEMBER 2021 Emplo)'tts (Continued) Emplo)rnent costs 2021 2020 Wages aijd sa]arie5 110264 102,159 There were no employees wh￿e an￿￿21 remuneration w&s mofe than £OO,(KXJ. Movement fuDds As at 0iioir2021 Net Nloi'ement in Tratsfers behN'een runds A5 at 3110112021 Unrestrfcted funds Gcncial fund D¢Treloprnent fund Hardship fund £4928£ £36i,17i £14.71- £429,177 £18.305 £117.500 l£l.i(X)I £134J05 £416.938 {£416,9381 £484,528 £65,737 £L3,217 £463.482 R¢strided funds Word alive Cornerstonc church grays {£6.i821 {£6082) £6.582 Total fuE]ds £435,759 £127,723 63,482 IncoTning rcsour Resourcc5 cypcndcd Moycrncnt Èn fund5 Lnre51ricted fuDds General fund Dekeloprnent fimd Ilsrdship futtd £230.702 {£212,3971 £18,305 £117.500 £1 l i.i(MJ I£l.5L￿) (£213.897) 1£1.500) £134J05 £348,?02 Restricted funds Word alive Corncrstone church grays 1£9001 1£6.-82) (£7,482) 1£6.582) (£6,582) Total fun(ts £349,102 (£221 J79) £127.723 11 IMMANUEL CHURCH BRE￿TWOoD NOTES TO THE FINANCIAL sTATEME￿Ts (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Tangible r￿ed assets Freehold lattd atyd b￿lIdINg5 Cost Additions 709.937 At 31 December 2021 709,937 Carrying At 31 December 2021 709,937 No depreciation Is PTOI'idcd in resrrtt of the Frechold Property &s ill the opinion of the twstee5 the property is Tegularly maintained ￿ a hi¥h standard aDd is unlikely to fall ID value. 10 Debtors 2021 2020 Amownt$ f￿ling due ￿'￿thin one )e#r- Other debtors 3,818 11,768 li [rt)￿S and overdrafts 2021 2020 (hher loalls 269,795 Payable after one year 269,795 12 Creditors: faUin% due witbill ODt year 2021 2020 Other¢reditors 18.865 20,792 13 Creditors: amounts fau]D￿ due after mort than ODe Trear 21121 2020 Born)wings 269.79) 14 Related party traTrsA¢tions There were no disc105able relatcd paty ttaTtsartioDs durÉng thcyear {2020- nonc). 12-