Charfty registrntion numbor 1177439 (Engl•nd and Wales) EMMANUEL CHURCH, EASTBOURNE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Caladine Charlered Cerlified Accounlanls EMMANUEL CHURCH. EASTBOURNE LEGAL AND ADIIIINISTRATIVE INFORMATION C Aupr R Cafyn C Coulos M H(Mwlh C Jewel P Plvwman A Reid q Richards A Sharp Rev M Sh8hbaz {ex￿lI￿O} J Stirmey Rev P Tabraham lex-offidol R Graham Mrs H ￿lsh0 MrA Tuff**r Appolnted 29 January 2025) Appointed 29 January 2025) Charfty number 1177439 Prlnclpal ad(tr• Emm•Nel Church 48A Uppertcffl RoBd E8Jtboume 8N21 1LQ Ind•p•nd•nt •x•mln•r John Caladln• FCCA CTA FCIE Caladlne Llmhed Chanty House 22 Uppthon Road Eagtboume Eagl Su880X BN21 18F Bankor¥ Truthes for Methodl•t Churth Purposes Central FinarKe Board oftho Method￿1 Chur(* CAF LIM￿&￿ 25 Kings HIN Aven Kings Hlll St Malllng Kent ME194JQ HSBC 94 Temiinus Ro*J Ea8ltrA)ume E881 Sussex BN213ND EMMANUEL CHURCH, EASTBOURNE CONTENTS Pago Tru6tee& report statement of TnJgtee8' rneponslbllrt188 Indepgndent •xarNn•¢8 report st•tgnth of finan¢a•l a(thiltie• Sl•lement crf fin8Tri81 ￿lIk)n Notes lo the finandal statements 9-21 EMMANUEL CHURCH. EASTBOURNE TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees presenttheiramual report and frban¢Oal statements for the year endod 31 Auwsl 2025. The finarK¥al statements haw preparBd in aLrc*danc8 with th• affj)unting 88t out in note 1 to the financial ststernnts and cThnply wth the Church's Con8b"lution. the Charities A¢t 2011 and "Accounting and ReForting by Chaths.. Ststenwnt of RecmnmerKled Pra￿1￿ applicable to Charfl￿s preparin￿ thelr account8 in ac£ordanc& with th& FinanrAal ReFuty Stsndard aPpl￿bI? in the UK and Republic of Ireland IFRS 1021 (effective 1 Jarw 20191" Oblectlv85 and activltl•• Th8 purposes oftha Churth are and shall b8 de8med lo hm been sIn￿ the date offom)atScn :_ {al the advancemenl of the c￿stian Faith in ar£cffd￿ the doctring18tandard• and the di8aFdine of t Methodi61 Church arbd Untt8d R8formsd Church.. Ibl any Charilable puw for the time being of ary ￿MeXI0T￿l. dlstrkt. clrcuft, loc￿ or othw ttganlsation of the MethodS8t Churth and United Reformed Church., Icl any Charitabla wrpose for the Ilme being of any eociety or In8tituilon 8uI)gKliary or andllary to the Methodist Chur(* 8rKI United Reformed Church; Idl 8ny purpoge for the I￿ne being of any SOc￿ty l￿n9 a Charity 8uhldiw or ancillary to th• Methodist Church and Unll•d Reformed Churth. In xhlevlrvJ It8 purpm. the Charity ￿11 engage In a range of actNltlo8, etth•r on Ib own or wlth olhwB, IndL¥Jlng (but not re81rficted tol.. il the ￿lebratiOn of publlc worship ii) the leathlng of tho Chr18tlan Faith 1111 mission and evaThJelism iv) pastoral work. induding v18111ng the slrk and the bereaved v) the provosion of facilities a Chvistlan etho8 forth• local comnwn6ty, indudlng (ljut not re8tricted tol th8 elderty, the young and oth&r group8 with special needs 1 th8 8UPPQrt of other charities In the UK and over8e Pvbllc b8n•fft $t•tsmont The Trustees have pakl du• r•gard to gu*J8n(x i8$u•d by Chaiity Gommi88lon In deciding whal a(*lvitb&s tho Church Should undertake. A¢hl•v•ments •nd perlorm•nce Emmgnu•l Church, Easlboume. is a church and tharity that camg inlo being in January 2018 a8 a partnershlp botr￿en four MethcwJi$l aTr3 Unlted RefoTmed Churcha$ in Eastboume. We are • SirvJl&Congregation Local Ecumanlcal P8rtnership. formed from four o)n8tituent thurcho8'. Centr81 and Greenfield Methodist Churche3, St. Andrews and Upperton United Relorm•J Churches. We use the rnodgl Congtitubon arKI Sharing Agreomonl r8quired by both denun[na￿ons. Emmanual Churth exists to celebrate th6 love of God in wornhip and fdlowship, aThJ erbtsuring the pastlyd care of all it8 member8 and adherents. seek to live out our calling through a ministry of ￿re and compassion to the community we serve.. ￿nSequ￿)￿y, a great deal of our aclivty as a thurch involve$ Va￿U$ groups and gatherings. For example, thldren aThJ lanNlies work indudes wnning our Jenny ￿en Nursery. Litt18 Wens Toddlers, Messy Church and varrous everrt8 throughout the year. In additlon. we run gTOUPS and meth"ng$ for older people and tho¥e ¥t rfsk fr(xn social isolation. Wa r8i8e C{￿51derable fund8 for a nurythr of chaiilable re8ourtss Ioc811y and nationally, and we arè an actNe parlner in Churches Togelher for Eastbwmo. During 2025 our o)mmunlty V•Y)tts was enhanced by the aFpJintment in September 2025 of a Communty Engagement Managèrfor 25 per week, a po$t for whith we have secured fNe years funding. This investsnent has enable(l us to inc¥ease ￿Jr communty fwtpdnl. for example through I￿￿81n9 our connection$ with the local Ukrainian Communty, and incwsing the use of our [f￿niseS more for community purposes. Being the Chaplain to the Mayor of Eastboume has also brought Emmanuel ¢Jose to various fi￿¢ events and w￿hip. induding our hosting the Mayor's Harvest SeNc8, sharing in &istL*yJme's CNIC Remembrnnce servi￿ and Paradè, and the E8stbourne Civic Card Sorvice. EMMANUEL CHURCH, EASTBOURNE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 HaviNJ moved irrto the new premises In Sept￿ber 2023, as a Churth we are far establish8d in our new surroundings making good use of them. The Practi￿1 Completion Certific*• was achieved on the premises, ¥nd during 2025 some additi￿)81 works were complètÈd to Imp￿0Ve the building. For example. Cheegmur undertook suppl•m￿tary drainage work8 and redecoraion, and a local building firm o)mpleled th8 J8nny ￿en roof garden covering in order to provide shelter and enhanc8 the OLttdoor play for th8 nursery. During 2025 we also athieved our Bronz8 EcTrChurch Award, and ¥e wothing towards our Silver Awanl to minimise any environmgntsl iryact and to allgn rn￿e do8ely with Melhodi81 and United Refomied pdoribes for thurthe8 In the ¢oming years. The mmiTrJ ye¥r will s88 Emmanuel only b•ca)mir#J more settled into the new premises. and expandlng 8ense ol mis￿on in the communlty In which we Iwe. Emmanuel will continue to benèfit from strong lay leadership across key areas of g)vemance, finance and administration. and will a150 continue lo utili8e the gifts ol its members and communlty in wcfship. mission. and ojmmunty work. This coming year wll alw see a change 89 8 new minister wlll be appointed to lead the church for the years ahead and lo have pastoral re8pon$ibilty for ils peopl•. Thè oThJoing purpo80s ol Emmanuel wlll remain tha 8am8- that we hold to ow calling to love an<1 and serve our neight(*ur In all the ways, to anable UB to be an offxllvg Christian pre8ence In Eastboume. Flnancl•l revl•w Th8 church recoTded a defiul of £134.783 in the year ended 31 AUg￿t 2025 on 811 frjnds a8 it contlnuod work gn Ihe new church buildiThJ project {2024". eU￿1￿S of £563.716). At tho end of th8 year the churd) had overdrawn funds of £106.572 on g¢noral fvnd wth the i$8ue belng 8thrnssed. RuoTh•1 pollcy 1118 the policy of the Chur¢h that unrestricled funds which have not been de$ign4led for a spedfie use Should b8 maintained at a level equivalent to tsvelve monlh's worth of minlstenal c>J8ts1£133,4001 th& Ilkely rnsl of staff redundancy payments1£8.0001 lo a total of £141,400. The Trustses considers th* rèserves at this level will ensure tho1, in the event of a 8ignfficanl drop in fijnding, they will bè 8ble to continue the Chl￿￿,9 ciirrent xtiviues while conBiderafjcfi 1$ given to ways in wfM¢h additional funds may be raiBed. This has not beèn attainable Sn retxnt years becau8e of the constnKti¢)n CA a now thurch bulldlng hao significanlly affo¢tod rn8erves held. The Chufth hcy8s to addresB thls 8ltualh?n now that the building has bètsn ffini8hed. Rljk al￿$m•nt The Trustees has a88eBeed the major rfBks to whld) the ChLwth Is expoBed, and are sati$fi8d that systems are In pl￿ lo nNtigate exposure to the ma￿r rtsk8. Structur•¥ govomanco and man•gom•nt The Churth is governed by ts ConS￿tU110n for a Single Congregation Local EcumeThc81 PathorBhip ISCLEPI adopted 7 January 2018 and registered wth Ihg Chanty Commission on th# 6 March 2018. EMMANUEL CHURCH, EASTBOURNE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees who semd durir¥J the year and up to ts Il* of wgnalure ofthe finanual sta18n￿$ were". CAug T Ba￿n R Caffyn C Coules P Easton M Howarth C Jthvell P Pl¢)wman A Raid Rlchards A Sharp Rev M Shahbaz18x-offi¢io) J Stinney Rev P Tabraham {8x-offldol R Graham J Gray Mrs H Wal$h• MrA Tumer (R•8var•d 29 January 2025) ID8LY88ed 1 June 20251 {R•8ignod 10 0th*8r 20241 {App(Mnted 29 January 20251 {AppdntwJ 29 January 20251 Ex-offido TnAtee8 arn the mlnbstsr8 ollhe LEP. ThoT• C4n bo a maxiThMMn of 16 018Cted Tw8tee8 and 12 Co￿pted Tru8t•es. TnJ8te88 are olethd after b•iThJ nomlnatsd aThJ votsd at a Congr•ggtional Meètiryj. None of tho Twat•￿ ha• any beneffdal int•re•t In the LEP. The day to day opwouon of th8 thurth b8 lead ty Rev P Tabraham 8ThJ Rov M Sh•hb8z together wbth support, pg$tor818nd 8dmlnl8lrative #taff 8uWoct to tha oversvJht of th• Tru$tee8. Trust•• tralDlng Specthc gUPPOrttrainlng and guldAn¢e is giv￿ to Ihe TnJ8teeB by the M&tlwJdl8t and United Refomwd ChurcheB. The TfU8tee6' report was 8ppmved by Ihe Board of TnJ8ts•8. Rev P Tabraham lex-offido) Chalvman ofTrust80• Dale.. 11 EMMANUEL CHURCH, EASTBOURNE STATEMENT OF TRUSTEES. RESPONSIBILrriES FOR THE YEAR ENDED 31 AUGUST 2025 The Tmstees are respon￿ble foT Pf8pariry Ihe Trustees. Report and the financial statemerts in aC￿rdancE with ap￿tible law and United KiTrJdc¥n Ac(yJunting Standards {United lfjngdom Generalty Attepled AcC￿UntIng Practice). The law ap￿1¢able to chaiiti•$ in En￿and and requiras tha Tn￿tets to prnparo fmancial StateM￿ts for each finana31 year vthith give 4 true ènd fair view of the state of affalr8 01the Church 8rKI of the ineomlrvj r980UTce8 and application of resources of the Church for that year. In preparing th￿ firta￿al statements, the Tnrntee3 a￿ require(I to.. - stslect suitable accounling wliries and then apply them u)nsistenUy.' - ob8erve the methods and prinrAples in the Chafitrès SORP., - make judgemènts and eslimales that are reasonable and pnJd8rt - 8ts1è whether applicable accounllng stsnd¥rd$ have been followed, suwact to any matwi•l dyrtures digclosed and explained in the finanraal statements,. and - prepar8 the IOnan¢ial Jtstements on th& wiro corThrn ba818 un￿5$ bt 18 Inappropriate to pr88urrn Ihal th8 ch8dty wlll conllnw In cpernuon. Tho Trustee$ r8gF*Jnsible for keeplng sufficient gcwunling record¥ that dls¢108e with reasonable acruracy al any time the flnanclal P￿ltIOn of the Churth and enable tham to ansure that tho flnanclal $tatements ￿mplY wlh the Chariti'es Act 2011, tho Charfty (Accwnts and R8POrts1 Regulations 2008 and the pr￿lsIonS of the trust deed. They are 0190 responsible for safeguarding the 8$$91s of the Church and hen￿ for taking rè*8onat48 step8 for the prèvention and detectlon of fraud and other irregularib"es. EMMANUEL CHURCH, EASTBOURNE INDEPENDENT EXAMINER'S REPORT TO THETRUSTEES OF EMMANUEL CHURCH, EASTBOURNE I report to the Trustees on my examlnation of the financaal statement8 of ETh￿n￿b￿l Churd). Eastb)ume (the Church) forthe year ended 31 August 2025. ponslbilities and basi¥ of ff•port As the Trustees of the Church you are resp￿sible for th8 w&pa(atl￿ of the financi￿ statements in accordance wth the requirement8 olthe Charrtie8Act 2011. I report in resp•ct of my examThtioTh of th8 Chwch's finaraal 81atem•nts caThied OLrt under 8edlon 145 of the cha￿￿e3 Act 2011. In carryiro out my examination I follovthl the Directron8 given by Charty Commlssion under seCtk￿ 145151(b) of the Charibe$ Acl 2011. Indo￿n￿O￿t exafftinfrrfs slatomont Sinc8 Ihtr Churth's gross i￿om& exceeded £250.000. th8 Indepondent exambner mu¥t be a momber of a bo¢ty listed in Sedit￿ 145 of the Charities Act 2011. 1 confirm Ihal l am quali)led to L￿dertak9 the examinalion becaus8 1 am a member ofACCA. whith 18 on? ofthe118ted bodle8. Your attention 18 drawn to Ihe fact that tho (*arity has prepawd th? finan¢xal statsments in acttyd8nce with the relevant v8r8ion of the Statement of Recommended Pr8(alce ap￿ICable to chaiilios preparing their finanLyal statomonts In a¢o)rdance wlh the Flnandal ReForting Standard applicAble in Ihe UK and Republi¢ of Ireland (FRS 1021 in preferenc£ to the AcLThnb'ng ar￿ Reportin9 by Charities.. Stat•mènt of R￿0Mmenda(1 Pracb"c* issued on I Apn'l 2005 whlch 18 referred to In ￿ ext8nt regulatlons bui has now been withdraY4n. l understand that this ha8 been don8 In Order for the IlnvKI81 statements to ptovldfj a and fair vbvw In accothnca with UK Generally AwtedAcCO￿Iln9 Prathce. I have ¢))mplotsd my èxamlnat5on. I confinn that no matters hav8 com• to my attenlhjn in C￿r￿ction wlth Ihe examin8tion gi￿ng me cau88 to balieve that In any matertal TgSF4cL a¢r￿Untir#j re￿rdS ￿ffj not kept in respect of ts chu￿ a8 req￿red by Sedon 130 of the Charllles AL* 2011. the finan¢ial $t*gmgrrt8 do nol accord ￿th Ihog• re￿rdS., or Ihe financi81 st8tements do not comply wlth the appllc*bl8 requIren￿nts con(￿1n9 thè fom arhj cA>nt8nt ol financlal 8tstements set 0￿ in the Charliies (Accounts and Reports) Regulations 2008 other than any requirement that Ihe financw statements give a true gnd falr Viv*. whi¢h is nol a matter considered aB part an Ind8p•ndent ex8mSnalion. I h8vo no ￿•C*m• and have come acTO88 no other maltsTS in conngcthn wmh the oxamlnation to vhth attentlon sh￿Id bo drawn kn th[8 report In ord•rto engble * propor underntsndlng of the financial 8tatsrr*nts to be reached. John Caladlne FCCA CTA FCIE Caladine Limit8d Chantry House 22 Upperton Road Eastboum& East Sussex BN21 18F Date.. EMMANUEL CHURCH, EASTBOURNE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 Currgnl Ilnancial year UnveBtricted Rostrktsd Endowmgnt fund• funds funds 2026 2025 2025 Totsl Totsl 2025 2024 Incomo from: Oonalions and legad•8 Charitable adv￿.88 Other trading activitie Investments Other in¢xma 105,980 72.544 68.293 178.524 88,293 17.2* 8,394 816.614 48.026 12,129 9,258 3,627 17.298 8,394 Total Incom? 131,670 140.837 272.507 889,654 Expandlturo on: Chaiitable aclivbtle Other costs for the Emmanuel Churth naw building prol8Ct 190.875 80,197 271,072 286,335 11 136.202 136,202 39.683 Tot*1 •xp•ndltu 190,875 216.399 407.274 328,018 Net galn8111088•81 inve8tment8 15 1161 {161 82 Not Incom￿{0XPend1￿r•) (59,2051 175,562) 1134.7831 583.718 Transfers bthe¥n funds (89.7281 89.728 N•t mov•mont in fund• 12 (148,933> 14.166 116) 1134,783) 563,718 Rocon¢lllatlon of fund•'. Fur￿ bal8nca8 al 1 SepteM￿r 2024 42,361 2.802 48.843 1517,0751 Fund ￿1•￿¢0* at 31 Augu•t 2025 (106,572) 16,968 (88,1401 46,643 EMMANUEL CHURCH. EASTBOURNE STATEMEKf OF FINANCIAL ACTiwfiES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Prior finan¢lal yoar Unrn•trlctod R•strfct8d Endomnent lund¥ fvnds 2024 2024 Totsl 2024 Income friKn'. Donab'ons and leg￿4 Charitable activfaes Other trading arANlb'os Invesiment8 Other Income 133,462 683.152 48,028 816.814 48.028 12.129 9.258 3,627 12,129 9.258 3.627 Totsl Inco 158,478 731.178 889.654 Exp•ndknr• on: Charitable act1￿1{99 other costs for the Emmanud Church new bulldlng project 211.900 74,435 288.335 11 39,683 39,683 Totsl •xp•ndltuv• 211,900 114.118 320.018 Net gain￿110•804I ¢Jn In￿stMents 16 82 82 Not Incomgllwendlluv•) 153.424) 617,060 583,718 Tran8ferB batr￿n fimd• (539,070) 539,070 P4•t mov•m•nt In fvndi 12 1592,4941 1,156.130 583,718 Re¢on¢lll•tion of funds: Fund balances at 1 September 2￿23 834.855 (1,153,328) 1.398 1517.0751 Fund b•lan￿ at 31 Augu•t 2024 42.381 2.802 46.843 EMMANUEL CHURCH. EASTBOURNE STATEMENT OF FINANCIAL POSITION ASAT31 AUGUST2025 2026 2024 Flxgd assets Property. plant a￿1 equipment Investments 17 18 1.468 1,484 2,702 1,480 2,932 4,182 Tr8d8 and olh8r receivables Cash at bank and in hand 19 20 22.656 203.641 14,331 335,389 226.297 1317,369) 349,720 1307,2591 Curr•nt Il•bllStiq• 22 Nèt cuThenl (liablllllesllasoets {91.0721 42.461 Totsl •••ets l•s• ¢urr•ni Il•bllttlo8 188.1401 46,643 Capltal fund• End(Y•yment funds- g•n•ral Incomg fvnd• Restricted funds Unrestricted funds 1.484 1,480 18,968 (108,572) 2,802 42,361 (88.1401 46,643 The 8t8temgnts were apyoved by the Trusts86 on ... . R8v P Tabrnham lex-offiuo) Chalrman of Trusto A Reid Tro••ur•r EMMANUEL CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng Wi¢iex Charlty Inforniatlon EmmaThJel Church. Eastboumg 19 8 tharitabk Loc41 Ecurr*nlc41 Partnernhip ILEPI trust govemed by ils Constitution adopted 7 January 2018. 1.1 Bas18 of pr•p•Mtion The finanoyal 3tatements have bgen Prepa￿ In ¥¢tKxdance tha Church'8 Conslitulion, the Charit* Act 2011 and "Accountlng and Reporting by Charities". Ststement of Re(￿nynendeO Pr8clke applicable lo Charities preparing th￿r aC￿U1}ts in a￿Ordan(% With the Financial RoFKYb'ng Slartdard applicable in thg UK and Republic of Irebnd IFRS 1021 (effective 1 January 20191.. The Churth is a pu￿1¢ Benefft En￿tY as defflned by FRS 102. The Chur(* has taken advanta￿ of the proviyion8 in Ihe SORP for charfti•8 apptylng FRS 102 Upd818 Bulletin 1 not to prepare a Slatem*# of Cash Fkyds. The finanraal statem8nl$ have departed from the Charities (A￿OUThts Rep￿ts) R8gul8lion$ 2008 onty lo the extent requlred to provide a true aTrJ fair view. Th58 departure ha8 involved foll(YMng the Statement of Retornmended PradtC8 for charikn'•8 apptying FRS 102 rather than the version of the Stslemenl of Recoff*nended Practice vthlch is rofarr8d to in the Regulation$ but which has sinc4 been ￿draWn. Th& fjnandal staloThnts are prepar•d in 8lerfing, which 13 the functional ojrrency of the Churrh. Monetary amounts in these finanaal $lat•merrts are l￿fided to the neaTg8t £ The finandal slalements hove been prtyared the hl8torical cost o)nv•ntion. ￿nCiPal accounts'ng polici88 8dopted are sel (xrt bdow. 1.2 Golng ¢onwn The Ir￿￿88 aCkr￿ that rnsgTh•8 are ￿Theft￿￿ negativo aNJ ore taking apwopriate 8tsp8 to rebulld the88 re8ervaB over Ihg Co￿ng year. 88sed on the InfOrMa￿On pnwlded In Note 21 and 26 81 tho tiftw of approvirwJ th& finanoal statements. the Truslee8 hav¢ a rea80n8ble.expectation that the Church has adequale re$ources to conlinue in operational *￿StenCE for the foreseeable fvt￿￿. Thus the Trustees o)ntinue to adopt the golng c>Jnc•m ba818 of accountlry In prnp8rir¥J the ffinorKial statements. 1.3 Charltabl• fund• Unre8trlcted fund8 arn av8i18ble for al ts dI￿re100n of th• Tru•lees In furtheran￿ of th•ir ¢hwltsble objectives. Restrlcted fijnds are subiect to spedfic condition5 by donors or grantors a$ lo how they nwy bg used. The purposes and us89 of the restricted fund8 are sg1 OLrt in the note8 to the finanaal statements. Endtrwment fiJrK15 are S￿￿'eCt to yofi¢ (Kndrfions by donm that the capitsl must bg malntaknad by the Church. 1.4 Inwn? Irmme is recognis&J vtsi the Church Is legalty enlived to ft 8ft8r any perfom18nGe ￿ndrtIOnS have been met, the aft￿nts can be m•8￿red reliably. and bt is probable Incom8 will be I￿1ved. Cash don81ions are recognised on recèipt. Oiher donations are reccgnlsed orKe the Church has been nclifitd ofthe donat￿n, Lnlass condibons require defwral ofthe aTh￿. Tax recoverable in relation to donations raceived under GfftAid or deeds of (J)venanl 15 r￿)gnised at th6 ti ofthe donation. It is thè policy that these sum8 are ￿edIted to the General fund then di9burs8d W￿rdInglY. EMMANUEL CHURCH. EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounllng pollcios IContlnu9dl Legac4es r8cognis•d on TO￿￿￿t or otherwise il the Church has been Wffied of an impenithng distrfbution, the amount IB known. ￿lj receipt Is expected. If the amount IB not krthvn, the *acy 18 treated as a ¢x)ntill9ent asset. 1.$ Expenditure abilities are recognised vthen a con8tru¢ti¥* Obli9ati￿ exists, the payment 18 probable and Ihe obligation ran be rw8ur8d or estimate(I feliably. Resource$ expended are atlocated to th• yrtlculor o)st ¢entre to which they relate and IrKlude irrecoverable VAT. 1.6 Prop•rtyi plant and oquipmont Prop8ty, fixbjres and equipment ao InltSally m&8sur•d at cost arwj Bub8equ8nUy mèa8urnd at ￿ or valuation, nel of dep￿idtion and any impaimient losses. D•prec$8tlon18 rerLJgnised so a8 to WTtte off tho c¢st or valuation of a8Bets1858 their rti8idual valu•s over thair Useftjl live$ the folbwin9 ba8i8'. Flxtur88 and equlpmenl 20% on a straght line ba818 Th• gain or1089 arising on the diSF*)sal of an 858et 1$ dotemilned as the difference btheen tho 8ale proLxe. Th18 ffigur8 Includes separately idèntiffiatAe donations and exclud08 amounts given 88 part of offering8, where the Indlviduals Concam￿ cannot be separately identified. 14 Employ004 Th• average Montr￿Y numbar ofemployee8 durlng th? yoèr was.. 2026 Numb•i 2024 Numbfrr Llttle ￿en$ playgroup supervlsor Jonny Wren Nursery School staff rotal Employm•nt C￿t8 2025 2024 Wage8 and galartes Other pan￿on costs 60,454 1,042 86.398 1.075 61,496 67,471 Consultancy fees paid to the Liwe thns playgroup 8Lpervi8or ￿ Induded in ￿ttle VWen8 other costs In Noto 8- Charita￿• activities. Th•re wer• ￿ employees wthose ￿Nal remuneration was moro than £80.000. R9munDrnlion of koy managDment pfjThonn•l The key rn8nagernenl personnel of charity would ￿ the Ministy 5tsff. who are paid by tho overseging IM)digs for the Methodist and United Reformed Churthes- ￿ note 13. 18- EMMANUEL CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 15 Gal￿ and I0￿e5 on lrnie¥trn•nt• fund• fvnd 2024 Gain￿<108￿) arO8kng ￿. Rovaluat￿n of ￿vestMe[￿S (16) 82 16 Taxation The thority 18 oxemptfrom tsxauon on Ils activM85 b8c4u8e all it8 18 applled for tharllable purpo8e8. 17 Proporty. planl •nd aqulwnt Flxturn•Jnd Co•t At 1 Septsrthr 2024 11.170 At 31 August 2025 11.170 Doprncl•llon Ind ImpAlrm•nt At 1 September 2024 Depre¢iatlon th8rge(l in th• year 8,468 1,234 At 31 ￿jgU￿t 2025 9.702 Carrylng amount At 31 Augu812025 At 31 AugLw¢ 2024 2,702 18 Flx•d ￿0t InvMbnvnts Trust P•rn)anonl Endovlment Coyt or valuallon At 1 Septemter 2024 Valuation changes (16) At 31 Augu8t 2025 1.484 Carrylny •mount At 31 August 2W25 At 31 August 2￿4 -17- EMMANUEL CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 19 Trado and othw rKolvablg9 2026 2024 Amounts falling due *Ythin one year. Trado receivables Gift ￿"￿ recelvable pay￿￿13 and acuued Inccffle 393 11,818 10,445 930 13.401 22.656 14,331 20 Cash at bank 2028 2024 Charitl8s Aid Foundation Bank Certral FinarTh Board of the Methodi81 Church Twstee8 Methodist Chjrch pu￿$e5 Jenny Wren HSBC 78,195 117,774 10 7,662 73,362 257,778 10 4,239 203,641 335,389 21 Borrowlng• 2025 2024 Loan from Soulh8m Synod ￿the Unlted Refonned Ch￿Ch 300,000 300.OTrJ P8yobl• wilhln on• yaar 300,000 300.000 The temis of the loan frorn the SoLthem Synod of the Uniled Refonrthj Church are cwrrentty ￿ear. and are ubiect to neg¢)tlallon. Adequate ftjnds arè not ¢urTenlty avallablo lo this balanc• but it IB anti(>pated that this wll be t￿n¥￿ted into a in 2026. 22 Curront liablltti•• 2025 2024 Note# Loan5 Other taxation and ¥ocipl Other payables AeAyuals and deferred inco 21 300,000 157 3,392 13,820 300,000 973 1.8e6 4,820 317.389 307.259 18- EMMANUEL CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 AUGUST 2025 23 Relirement bwxllt ¥chem 2025 2024 D•fin•d ¢ontrilxrtlon •chemg Ch8roe to PTofft or1088 In reBpg* ofd8fined (¥)rrtrfixrtjon ac*eme8 1.042 1.075 The Churth op8rat•8 a d8fin8d contsibuucffl pen8bn 8theme all quglrfying empbyees. The a88ets of th 8theme are hdd separatety from those ofthe Churth in an independenyy administered fijnd. 24 Endowm•ntfund8 Endowmerrt kndB represent assets which must hekl permanenty by the Churth. Incom6 arising on the gndowm8nt lundB can be u8ed ￿ aCc￿danCe with the objects ofthe Church and 1$ Induded as unTestrfcted income. Any cBpital gain8 or lo$ws artslng on the a880ts forni part ofthe fvrKI. At1 S•plwib•r 2024 G•ln• •nd At 31 AUll￿1 2026 1.480 181 Prevlous yur: At1 S•pt•fft￿r 2023 Galn8 •nd At 31 August 2024 Pormanont 0nd0￿1n0nI8 1,398 82 1.480 26 R••trktsd fund• Th8 rastrictod ftAnd8 of tha charlty ￿mprIse the unexpended balancos of donatlon$ and grants hdd on trust 8ubSed to specific conditions by donors a$ to how they may be u8ed. At1 8eptsmbor 2024 Incomlng Resource8 rn$ourc oxpgndgd Tran8f8Y• At 31 August 2026 Jenny ￿tren New Building Benevolent and Appeals Fund 2.530 79.024 51.950 9.883 {86.514) 1136.202) {13.683) 15,040 84.252 5.476 1,928 2.802 140.837 1216,3991 89,728 16.968 19- EMMANUEL CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 25 Rwlrkted ￿ndS Iconlinuodl Prnvious y•ar: At1 InMming Rmources Ttan•f•r8 At 31 August 2024 2023 Jenny Wren New Building Benevolent and Aopeals Fund 5.125 11,158.602) 149 69,282 659,216 2.680 (r1.877) 139.6841 12.5571 2,530 539,070 272 11.153,3281 731,178 1114,1181 539,070 2.802 1. The Jenny ￿ fvnd is a Nurnery School not registered a6 0 chartty bul ￿￿ned and uKlmatoly g)vemed by Emmanuel Churth Ifomerty Greenfield Methodist Church). Separate accoLmtin9 record5 are malntslned by the fund And sèp8r8te financial statements prepared whith are con801idaled Into thi8 r8POrt. The separate rn8tricted lund8 of Jenny V*•n are Shown ao ueditorn due to th• immatorial figures involved. 2. The Bulldlng fund originally represented mon￿3 from the original 4 churche8 1090ther wth lurther grants and dOna￿on8 received towards the new building projec*. The overdrawn fund has been covered by a transfor from the General Fund. J. The 8ene¥ol8nt and Appe81$ Fund repre8enl8 gffts gi¥•n for 8peufic prolects and then dl8tributed by th• churth. The tran8f8r in the ygar covers defidls on fund balances. 26 Unr••trlGt•d funds Th& unrn8trk*ed ￿ndS ofthe c￿rity comprt88 th• unexpended balance6 of donallons and gr8nt8 vthich a not subject to speofic cOnd￿onS by donors gr8ntor8 to how they may be used. These ind[￿9 dg$ignated funds wh¢ch have been set a8id8 out of unrestricted fijrth by the busl8e$ for Speclfic pu￿se$. In¢oming Septwnbor rnyources 2024 Re8ourc8• exp8nd•d Trnn•lern At 31 August 2025 General fvnds 42.361 131.670 1190.875) {89.7281 {106,5721 Prevlou• yo•r: At1 Incomlng Resource8 SDptombor mources •xpndod 2023 Transforn At 31 August 2024 General fvThJs 634,855 158.478 (211.900) (539,070) 42,361 The Officers and Tmstees are taking steps to dear the overdrawn General Fund balano as detsi18(l in nota 21 or by raisiThJ other fvnd8 through ￿ngregatIonal giving. -20- EMMANUEL CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 AUGUST 2025 27 Anal￿1• of notag￿th bel%w•n ￿Thd* Total ndy 2025 fund• 2025 2025 2025 At 31 August 2028: Propoty, plant aThJ lyu1pTh￿nI Investments Current aB&dsl{liabillties) 1,488 1,464 191,072 1,464 1108.040) 16,968 1106,572) 16.968 188,140) unr￿l¢trd Rtttrfct￿ Endomngnt fund• funds fund• 2024 2024 2024 Total 2024 At 31 August 2024: Property, plant and equiFYn8rrt Investments Current as88tslllbobilili881 2,702 2,702 1,480 42,461 1.480 39,659 2.802 42,381 2.802 1,480 46.643 Relat•d party tranMctlon• Thwo were no dledc•abl• relatsd paty tran8adtcffl8 durk¥J the year12024'. None). 21