EMMANUEI. CITY CHURCH
(Charitable Incorporated Organisation)
FINANCIAL STATEMENTS
for the year ended
31 December 2024
Registered Charity No:

EMMANUEL CITY CHURCH
FINANCIAL STATEMENTS
for the year ended
-11 December 2024
CONTENTS
RLtx)n ol'th¢ TrustLc
IndLtKndLni Examiner'% RLrK)rt
.SidlLmeni ulFinanLial AciiviliLS
BalanLI..8heei
Notes io ih¢ AcL()unls
IIP14

EMMANUEL CITY CHURCH
REPORT OF THF. TRUSTEES
ror the year ended
31 December 2024
TIIL ITU%iLL% pfLsLni IhLir repnri i()gcthLr with ihL linancial %laiLment% for the ycar Lndvd _I I DL'LLtnhcr 21124. Thc
rinanci(il %laiemLnis h<lVL ￿.￿n preparL'd in aLL(IrdancL with IhL aLL()uniing tK)IiLjLN bLI ()Ul ()n pabTL% Ifl and I l. and
camply with IhL Irusl dL¥d, <ippli¢4blL law iind the SI￿lILnilllI ul R¥LI)mrnLndLd PrJLtiCL 'ALLI)uniinbi ￿1nd RLP()fiing
by Ch￿Illes,
REFERENCE AND ADMINISTRATIVE DETAILS
tRgAI 5tath$
Th¥ Church wds graniLd regislLr¥'d charity Stat￿$ ()n 17 July 2007. Uniil In June 201 g. its ()pcraiinn% wcre g()wLrncd
by 114 Irusl dLLd adi)PlLd ()n .3 l May 2007 47nlLndLd ()n 5 DL'LLinh¥r 20131. 115 rcgi%iLrLd nunitK'r wa.% 1121)1113.
On l July 21)1¢4 dll and liabiliiiLS ol IhL Churcli previi>u.sly ci)n.S1ilulLd wLrL Iransl¥rrLd ILI l)t>t)k Vdluc 10 a
ChariiablL In¢i)rp(IraiLd (Irgani.Siiti()n ICIOI rcgislLrLd nn 2.3 April 201 g undLr rLgi%iLrLd nun)iK'r 11830711.
Change of name
on 22 NovLmbcr 2022 the Church changcd its name from EmmdnuLI Chinc.%c Church la Emmanyel Ciiy Church.
Trust¢eb and leadership teAm
The tollowing Irus(ees SLrved during the ycar ￿1nd up ti) thc dale i)Iihis rLixiri'.
Chairtnan-.
TrL￿lsUrLr-
8LLrLtary'.
Tru.%lLL'.
Chdn Kwai Fang
Mun YLL Ydu IrL'.dppoinied 2.3 April 211241
JitRJny H()n Chung Kan
Fuk Keun¥T K()ng IrLiifLd fj January 20241
The Icadership iedm mLmbLTS are:
Pasi()r Yuen Kwon Sung ISLni()r Paslur)
Pa%i()r J()nathan Yan Wing Sung
Pa%inr Pui YLL Fnng
Dcacc)n Yau LLung Hung
Dcacc)nL.%s Yvcl YLL Chilll
DeacnnL%s Ch()i Lin Tsen
Registered address
Ctrntunary Hall, C(Iltingii)n.8ireei. KLnningion. Lond()n. SEI 14RZ
Sunday worship venue and Church office
Cenienary Hall. Ci)liinglon sirL￿.1, Kenningion. London. SE I14RZ
Independent Examiner of accounts
Andrcw J GLary. GLary p￿lrtnLr8hlp, ChartLrLd Accountanis, 1 fj9A Ch&%L SidL, EnfiLld. MtddlL%LX. EN2 IIPW
Bankers
BarLlay% Bank plc, 2 Vi¢i()rici.StrLLI. Wcstiiiin%lLr, Lond()n, SW I H IIND
HSBC Bdnk plL, 28 B()ri¥u¥h High Streei, Siiuthwark. London, SEI I YB

EMMANUEL CITY CHURCH
REPORT OF THE TRUSTEFS, continued
for the year ended
31 December 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
Thc iruslL￿.5 are rLStM)nsihl¥ r()r Ihc mandgLmcni ￿L￿d adminisiTatton vlihL Church'.% pri)PLrly and funds.
The Iru%iLLb ()f th¥ Church arc PPI)iniLd by IhL ¥piritual ILadLr4hip ILam. Th¢ ILTM ()fi)IfJLL of LVLfy Iru%lLc 1% ihrLe
yLars (ind IhLy mdy hL fL'.aPP()inicd I'nr I'urihLr tLrms ()f ollicL.
The tru.%lLL' team SLls and reviLws staff %alarie5.
The IrusieL leam h()Ids regUl￿1r mLciin85 Ihr()ughout thL yLar io rewiLW all aspL'Ll% of ihL Church'.% aLliviltcs.
ThL IrusiLL ILdill is i1w￿. i)I' il% rLSP()n%ihiliiie% fnr risk assessmLlli.% and is dLvLlnping procedures r()r cvaluaiins Ihc
ri%k% a%siLidied wilh (h¥ Church i)PLraling plan aLiiviIiL%, and ￿lI%{) ￿'VILw1n￿ annudlly all in%uriinLL.% and ¥LnLral
salily, a% WLII as IhL tLrms dnd Ll)ndilinn% ()I' Lrnpli)ymeni nt. SI￿111.. Th¥ iniLllti()n 1% Iii dLVLIc)P ¢1 L()mprLh¥nsivL ri%k
as%LSSll)Lni p(Ilicy whiLh will LnsurL Ihat all impnnani rs.sks arL Ly￿1]UalL￿ %() Ihai dppn)prialL aLIIi)n Lan bL IdkLn l()
miiigalL theiL ri%ks whLrL nLLL%%dry. ThL Iru%iLL tLam esiahli%hLd procLLIuTL¥ r()r %alLgTUaTding. All IrusiLLS dnd
stal'l. arL rcquirLd io hL DB% ICRBI ¢heLkcd. The Irus(LL ILdm has al%() L%iahli.shLd pr()cL(luiL.% flir fJLnLf(Il Ddia
Pri)ILLli()n RLbTulaiion IGDPRI.
The slal'f tLam and Church leudcr% mect rcgullirly tor prayLr and implLn)Lniaiion ()f the vi.sion ()I' th¢ Church.
The spiriiual ILadLrship i¢am is re.%p()n5iblL li)r sctiing Ihe vision, V4Lluc.% and diTcciion {)[ (hc Church. Thc (eam
cnnsist% lif IhL 8Lnii¥r Pd4ior, wh() 1% IhL Lhairm(In. IIIL dL<lL()n.% and P￿l￿10r8 of IhL Churlh. ThL Scniar Pas1()I dnd his
SI￿111. Icani ￿irL rL.SP()nsiblc for IhL day-i()-day c)pLiali()n% (?I' thL ChuiLh.
P()ILniial Iru%lL¥S will undLTgi) training and will bL in1li1￿ Ily invilLd i() hL an Iib%Lrv¢r in IhL IrllsiLL TnLLling &$ P<ifl lif
IhLir iraining. ThL %pirjiU￿I7 ILadcrshtp ILam wzll diLi(JL hi% Dr hLr %ui(ahilily l() %LrvL In IhL IrustLL I￿￿1[n.
New Iruslees arL pr(IvidL(J with a tru.%lCL wLlc()InL paLk wilh inf()rmaiion i)f the ChurLh and the trust¢¥ n)IL in
rclaiii)n lil gavLrndncL and IhLir rL%ponsibililtLS undLf Lhari¢y I￿lW.
Apari Irom the Irllstees and spirilual ILadtrrEhip I￿￿1M. the Church has ihrcc full-limL and ()nL P<lTI-liniL slarr. ThL
Scnii?r Pa%i()r IiigLihLr with ihL pa%t(Iral ILatM pri)vidL% IhL pabl()ral carL. vi%ilJii()n ()l- ChurLh mLtnlK'r%. pr¥dching,
tcaching. as WLII IhL Iraining ol. ILadLIs.
OBJECTIVES AND ACTIVITIES
Objeetives
ThL ()bjectives ()I' th¢ Church ore..
lo advancc th¢ Chri.%iian Idith in aLL()rdancL wilh IhL siaiLtnLni nt. he11Lf￿ in suLh way% and in %uLh parL% ol-
Ihc Uniicd King(l()m or IhL w()rld a% thL truste¥% fT()tn tiin¥ Iii limL niay Ihink lji:
lo rclieve sickne.%5 and findnLial hard%hip and i() promnie ￿1nd prty4ervtt good hcalih by Ihc pri¥vi%i(In ()f
lund%, g()(xJ% ()r *'rvicLS nf (iny kind. inLluding IhL pr()vjs11)n i)f ci)llnsLlling and supp()rl in 8u¢h P£ifi% lif IhL
UnilLd Kinbwdotn ()r the world a% ihL tru51LL% I'roin limL IiTr lim¢ may think lit..
l() fulfil %uLh ()Ih¢r purpo%'% whiLh arL LXLlusively LhariiablL according l(1 thc law i)r En¥Tldnd and WalL
and arL Cl)nnLCtLJ wilh IhL Lhdriiahle w()rk ()[ IhL Irusi in such Wdy and sn %ULh p(Irl ()f ihc UnilLd
Kinodom ()r ihL world the Iru.4lLL% from iimL 10 litnL may Ihink fit.

EMMANUEL CITY CHURCH
REPORT OF THF. TRUSTF.F.S, continued
for the year ended
.31 December 2024
OBJECTIVES AND ACTIVITIES, continued
Principal activity
ThL prinLipal activity ()t' IhL Church is 10 sharL IhL Chri.%11￿1￿ t'aiih fi)r IhL bL"nLIIi i)r IhL public. Church sLrviccs are
hLld ai C¥ntLnary Hall, Ci)Itingyl()n .%trLLI, KLniiingi()n. L()ndan, SE I14RL.
Vision sthtement
En)manuLI City ChurLh is an dP()%li)IiL. LcII-h(i%Ld Lhurch, L(?mmitl¥d i() ()tK'ying IhL GrLai CiimniiJndTnLnt and io
lullilling IhL GrLai C()mmis%i()n hy m()¢ivaling. Lquipping and LtnPUWLring L VLry [nLn1￿.r i(? bL an Ll'fL¥IIVL mint51Lr
IifJcsus Chri%t.
Statement on public benefit
In dLciding whai iiLIivi(jLS IhL Church bhnuld undLrtak¢ durinbT thv yLar. IhL IrusiLLS h£lVL paid duL rLgT<iid i() Thc
Chariiy C(Iinmissiiin'% guiJ<inLL l)n publiL bLnvlil. ThL tru%lLL% L()n.%id¥r lh￿11 ihL objLII.% liir whiLh IhL church Wds
registerLd as a chariiy, ￿l￿d th¥ aLliviliLS during ihe ye<if dLscribLd btrl()w. are liir IhL PUt)li¢ tr¥enLfil.
ACHIEVEMENTS AND PERFORMANCE
Community en￿geMent
In ItnL Wlth our Lommi¢mLnl la serve thc community. the Church ai CLnlcnary Hall, C()ttiTrgtnn .SireLI. Lt>nd()n,
8EI14RZ if ()PLllLd li) IhL gLnLral puhli¢ Walk-in CentrL. fr()m TuLsday li) Friday. I l ain li) 3ptn. ThL ChurLh
al%() iillirs a SPdLL tar individllal% lu rLcLjVL pf<lyLr.
Addiii(In42lly. IhL Church i.s pdrt ()I' a nLiwark i)r i(Kal churLhe5, and i)ur pa%t(Ir.% mcei munihly wilh i)Iher pastt>r.% in
thL WLsiininsiLr ￿La li)r prdyLr dnd fLII()w%hip.
Church vision for 2024
ThL ChurLh, in collahiiralii)n wilh IhL Seni(?r Pasior. has idcn(ifiLd prdyLr as the fi)Lal visiL)n tor 2024. Lmpha.%ising
thL imp()rtan¢L i)r SLLking Gud Ihrnugh prayLr.
For iwo wLek.s in March, thL ChurLh panicipalttd in fa%iing prayer.
Church meetings
All Church evLnl% and 5cfvicLS. including Sunday %LrviLL%, monthly prayLr mcciings, BiblL cl&%s¢s and ()IheT %PCCtal
mLLiings. <ifL hLld in IhL Lhurch prLmi%¥4. Our rLgular Sunday sL'rviLL.S, L()n%isitng ()[ IhrLL Cangr¢g￿lII1I￿S. aiifaLI
approxiniaiLly 141) aiiLndLL4 WL¥kly. 8inLL ciur m()Ve l() KLnningion. WL havu %L¥n an inLreasL in al(Lnd￿1￿ce acr()ss
all thre¥ L()ngTrLgaiinns.
Our heuling *rvicLs ar¢ wLII-allLnded. with ChurLh mcmhLrs inviting t'amily and fricnd.%. Num¢r()U5 hLaling
servic¥s h(ivL bc¢n c()nduclcd, wilh P￿LIe1panIS LXPLri¥ncing God in LXIr￿1(?rdiTrarY ways.
Thc p&si()rs havL C()nduLlcd variuu¥ Bihle SludiL% lo hLlp slrcngihLn thL spiritual lifL ()r ()ur mcmhers. LOVLring
II)pic5 suLh 'Expli)rins ihL BLaiiludL%"
'EnLuuniLring Ihv Holy .%pirii"
and ()Ihcr%. ThL avLfdbTL dllLndanLL f()r
IhesL W¢dnLsday BiblL %tudi¢s is ub()ui 2_5-1.S. In addiii()n i() IhL BihlL sludiL¥. the Chur¢h hiild% rniinihly prayLr
meetings LVLry IiTsI Friday ()I' the month frnm 7-8pm.
Children'.% .Sund&y SLh()()l aii¥nd<incL has also incrcasLd. li lakes P]￿L SiTnultanc()usly cvLry .Sunday during the
adult scfvicLS. A monthly y()uth m¥eting 15 dlsn helLI ￿11 IhL Church.

EMMANUEL crry CHURCH
REPORT OF THE TRUSTEES, continued
for the ycar ended
31 December 2024
ACHIEVEMENTS AND PERFORMANCE, continued
Other church activities
The Church h(15 ()rgani￿d sLvcral aciiviliLS 10 SUPP()rt the grnwih and ncLd% i)r ()ur Liimtnunity..
In MarLh. WL condu¢iL£I a 14-day f(1s1in¥T dnd prayer.
W¥ h()sl¥d an E(1%ILr CnnlirLnLL in RLadingT. which 114 pL'oplL atlLn(ILd.
A waiLr h￿iptisin SLfviLL wa% hLld, rLsulting in ILn individu¢ils k'ing hap11￿￿ (Ind ILn ncw cnnvLfi% in 2024.
In Au8U%I. li1￿1ny ChurLh membLrs ￿ng￿l￿Ld in LVOn¥Llism. -%haring ihL guspLI in ihL EILphanl and CLsile
and Chinaiown ￿lfLaS.
All ihc.%L mini¥lries and ilLtiVili¢S (ire tnad¥ ￿)65]hIC by IhL dLdiLalian nl'.30 10 15 valuniLLr% Ir()m (hL L()ng7￿.￿vIlll1)n.
ThLiT L()InmLndablL inv()IvLmLlli span5 variou% Lhurch ¥venis. and iw() addili()nal v()luntLLf.% ihL .%Lnic)r P<i%li)r
wilh ()ffice work and churLh mainivnance.
Leadership development
ThL .Senioi Pa%ior menior% key leddcrs regularly. t*a(J¢r%hip Iraining Loursc% are Li)nduclLd as and whLn nLcdcd
Ihri)U¥Th IhL Church's ttquippinb dLpantneni. KLY IcadLrs arL' al%0 inviiLd i() allLnd a m()nihly jLadLr￿, niLLiing i)n
TuL%day ai IhL ChurLh.
Nurturing new Christians
ThL Churih Ll)ndu¢iS regular Bible coursus Ihri)ughaui IhL yLar tn lacililalL (hL gri)w¢h (ind maiuriiy nf DLW
IiLVLr% in Ih¢ir faith..
Church Connect Groups
The Church Conncci Gr()up% meet wLLkly in mttmbLr%' hnmes to huild rL.laiiiinships. engagL in LV<ingclisJn, and
1051er spiritU<il r()rJnaii()n. ThL%L gr()UP.S dfL viial f(Ir Church gri)wih and spiritual tnaturiiy. and IhLfL ￿lfL Icn connLCt
gri)up5 %pfLad dLros% dillirLnt arLa% i)I' L()ndon.
Fellowship with other Chris¢i4n ehurch¢$
In FLbruary, Ihe P&%tiir IL(J 32 ChurLh tnLmhLrs 10 B￿lfLLI0na, .Spain. la paniLipalL ill u Eurnp¥an rLvival LiinfLrLnCe.
In NovLinh¥r, tiur ChU￿h, al()ng wilh IhrLL ()thLr ¢hurLhLS in Liverp()Lil. condllLl¢d 41 rtvival mLciing. wilh 15
member% Jiilndins al()ngsidL IIUT Pasti)r.
Mission outrtach
To enL()uragc Church mLmbLrs to fulfil IhL GrLal Commi.%%i()n, WL invilLd variiill% mi55i()n i)rgLinisalions ti) share
IhLir Lxp¢rienLL% in thL liLld. Th¥ ChuiLh providLd Iinan¢ial supp()Tl l() IhL%C [?r￿T￿Ini5￿tl1()n.￿.
Special events
Chri.sltna.% ]% dn excellLni ()p￿)[lunIiY Ic)r ()ulrLach. This yLar. thc English, Cdnli)nLsL dnd Mandarin congrLgaii()n%
camL ti?gTLihLr Ic) LLILbrLIIL a Chri%lma.% Lv¥lli £11 IhL Lhurch. ThL LvLni included lunLh ILII()w%hip itliLF the S¢TViLL.
wilh Loniribuiiun% t'ram vliriiius niLmhLr¥.

EMMANUEL CITY CHURCH
REPORT OF THF. TRUSTEF.S, continued
for the year ended
31 Deeember 2024
ACHIEVEMENTS AND PERFORMANCE, continued
Future plans
WL plan io cnniinuL ia rcaLh ()ul to (hL I(IL<il Lojnmunily.
WL plan i() rai.%L UP tniirL ILddLrN as IhL Church L()niinyLs Iii grow.
WL plan tn Lmpl(iy i)n¥ (Iddili()ndl lull-litnc pasicir￿1I wiirkcr.
W¥ plan io w()rk ai ()ur regular .%und41y Wl)rshJp %LTVlCCS ID In¢iLa.%c ihc nunihtyi uf wor%hippLr.%,
Lsiahlishinu a pcrsi)nal ILldll()n4hip with ()ur I.i)Td JLSUS Chri%1.
FINANCIAL REVIEW
Finaneial overview
The resulis f()r ihc year £ifc.%ci nul in Ihc acLI)unl8 whiLh liill()w this rLp()rl. ThL churih h￿Id nLI surplu% liir IhL yLdr
01. £106,012 IyLar cndLJ .41 DLLLmbLr 21123 £1 IX.Y211. AI 71 DLLLmbcr 21124, unrL%lriLt¢d fund¥ l()lallLd
£3.116,818 {.31 Dcc 2112.3 £_3,111)4,4.361; rL%iriLILd lund% l()lallLd £11,291 13 l DeL 21)23 _ £17.661 l. The prinLipal
ollrcLS ()f inci)mL and rL'I(iILd cxpLnditurL arL' shown in IhL SidtLmcni i)I' Fin4Lncial ActlVlliL%.
Reserv￿ policy
ThL p()licy i)I' IhL IrusiLL.S 1% In mliinldin sulliLiLni liquid r¥%LrvL% l() Iinance angi)ing L()mmitm¥ntS .%ULh rLni ond
saldriL5. and i() build 8uffiLiLni resLfvL5 (() en<iblL IhL Iu¢ure dcvLI()pmLni and Lxpansii)n ()I' Ihc minislriLS ()f ihL
church.
RESPONSIBILITIES OF THE TRUSTF.ES
ThL irll%i¢trs are re5P()nsihlL fur prLparing ihc TrusleLs' Annu(Il RLpon and IhL financittl SlalLtnLni% in aL¢I)ril<tnLe
wilh appliLdblc law ￿1nd UniiLd Kingdom Accounting Siandards IUniiLd Kin¥d()m GLnLrally ALLLplcd AL¢iiuniing
Pr(tLliLLI.
The law ￿IpPIlCa￿1L Iii chariiieb in Engl(Ind and Wdl¢s rcquirL% IhL Irll8teLs it) pILparL finanLi(il %lalLniLni% ti)r each
linancial yLar whiLh bTiVC a iruL dnd l'air VILW af ihL sldlL nf arr￿11[5 af the churLh tind t>f lis inL(itning rLSI)urce.s and
applicaiiiitl of re%i)urLLs for Ihdt yLJr. In prLparingi Iho%c finanLial 51a(etn¥nis IhL Iru8iee% arc rL4uirLd i()..
SLILCI SUildblL accouniing txiliLi¥s and apply Ihem c()nsisltrnily',
Ohs¢rvL IhL in¥Sthiids and principlLS l)r IhL ChariiiL% SialLn)Lnt c)r R¢Lommend¥(I Pr<iLlicL. 'AcLiiuniing and
Rcpnriin¥ by Chdrilies
MakL.judgemLnis and tystimalL% ihai arc rcasonttble and prlldlni:
siaie wheiher ￿ipPI1¢ah1e uccauniinbl %tandardb h<lVC tK'cn f()Ili)wcd. subJLLI l() any maierial dLp￿[urcs
disLIosLd and Lxploined in IhL fin(InLidl staiLm¥nls; and
PTLparL Ihe aLLoun15 ()n ihL bl()ing canLLrn unl¥s% il is inapproprialL lu prLsume (hal Ihc chllrLh will
L()niinue in ()PLraiii)n.
The IrusieLS arL rcspnnsiblc I'or mainlaining pn)per ac¢i)uniÈng rccords whiLh disclase wilh rcalianablty aLLurdLy 111
any lime thL lindncial p()%ili()n of IhL LhurLh. nd In L041hlL ihcin li) LnsurL thai the aLL()unl.% ci)mply wilh IhL
ChariiiL¥ Aci 2(1 I l. IhL Ch<lfity IAcc()unis and RLpiirtsl RLgul<ili()ns 201)8. and IhL pr()vt.%inns i)I' IhL Lhurch Irll%t
deed. I'hL tiustces arL also re%p()n4ihlL lor .%dl'Lguarding the ()f ihc church and hLnc¢ for iaking rLas()nahlL
lep5 for lh¢ prL'vLlllI()n dnd dei¢Llion ol- fraud and oihLr irre8ulari(jL.%.
The IrustLL% (irL re%pnn.%iblL for IhL tn2intLn(Inc¢ and iniLbTiily Of ihL churLh and tinanLldl inliirmaiian includLd (In
Ihc Lhurch's WLb.%ite in dLcnrdanLL with legisldli()n in the UniiLd Kingdnm gowertling Ihc preparaii()n and
disseminaiion ()I' fJnanLial %ldiLment%.

EMMANUEL CITY CHURCH
REPORT OF THE TRUSTE4 IS, continued
for the year ended
31 December 2024
Independent Examintr
A res()lulion (O TLappoini AndrLW Gcary (?I' Geary Pdrtnvrship indLpLndLnl cxaminLr ()f EmmanuLI City Church
will bL' pui l() IhL b()(ird nf Iru4lLLS.
Approved by the Iloard of Trustees and signed on their bthalf by:
Chan Kwsi Fong
Chairman of the Board of trnstee5
Date".

INDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF
EMMANUEL CITY CHURCH
rL.￿rt on ihe accounts Df Emmanuel City Church for the yLatr Lndcd 31 DL'cLmbL'r 2024, whiLh ￿. K'l ()ut an pagL% 8 ia
14.
Respective responsibilities of Trustees and Examiner
ThL church's Tru.%lcL% arL fL%P()nsiblL lar Ihe pr¥'p<￿￿tiOn i)[ IhL acCL)￿nis. ThL Trn%iLL¥ LonsidLr Ihdl an a￿111 ]% not
r¥quirLd llir ihi8 pLrI￿ undLf SLLli()n 144121 (?r th¢ Ch￿l[l￿$ ALI 21111 1(hL 2(11 l Acil and ihal an 1ndL￿ndLn1
Lxdminaiii?n is nLuILxl. I qutilifiL(I Ic) undLnak¢ IhL LX£iffiinaiinn by IL'inb <1 qualiliid tnLmFL'r i?f IhL In%iilulL (Trf
ChartL'red AcLouniani.s in England and WalLs.
li i.s my rLsp()nsihilily'.
tl) Lxaminc IhL acLiiuni% undLr %L'Lli()n 14.5 ()fihL 2n1 i ALI;
ti) r()Ilow IhL pfciLLdurL'S laid dnwn in ihL GLnLrdl DirLLlI()ns giv¥n by ihL ch￿￿llY Cnmmission undcr %cciic)n
14.515llhl i)I' IhL 2011 Aci- <ind
Io whL'ihLf Pdrticu1￿ n)aitL'rs have LOML to tny aitL'niion.
Basis of Independent Examiner's report
My Lxaminaiii>n wa% c(irriLd iiul in acL(YdanL¢ wilh IhL GLnLral Dir¢Lli()ns givLn by IhL Chariiy Ciimrnissi()n. An
cxaminaiithn includL% a rL'viLw i)I' IhL aCLI)uniing rLL()rd% kLpI hy IhL Lhllrch <ind a ci)mpdri%nn ill IhL a¢L()uni% prL￿'nILd
wilh Ih()%L rLLI)rds. It al41) InL]￿lIL￿ Lan%idLrJ(i()n i)I' any UllUSUdl ilLn)% i)r di5closurL¥ in ih¥ ￿iLLI)UniS. (Ind %LLking
explanations Iri)m IhL TruslLe% cnnLLrning any suLh rnatlLr.s. ThL pn)LcdllrL's undLriakLn di) nni pr()vidL all IhL LvidLnLL
Ihai wi)uld IK. rL4uired in dtt <iudii. 4ind consLqULnily I d() ni)1 LxpfL%S (in audii ()piniDn on IhL vicw givLn hy Ihe £iccounis.
My rL'piin is litniiLd l() Ih()4c' mdll¥r.% *t ()ui in IhL %iaiLrnLni b¥l()w.
Independent Examiner'5 Statement
In L(InoLLli()n with my Lxamin(Llion. no tnaiiLr hd% ¢omL to my allcniion:
I l} which givL% nie rLLSI?nablL LausL 10 ￿lILV¢ th￿11 in any malLfi(il rcspe¢i IhL rcqllirLtnLnts
10 kLLP a¢L()unting rLcords in rLS￿lI at. IhL church rn ac¢nrilanLL wilh ￿ctiOn l.BO ol IhL 2011 A¢i,'
and
li) prLparL dLC()uni.% whiLh a¢ci)rd wilh IhL acc(iunling records and comply with IhL aLcouniin
rLquirL'nk'nLs ol. IhL 21)1 I Aci
have not tr￿L.￿ inLI: ()r
12) 1() whiih, in Iny ()pinion, allLnii()Tr should bc drawn in ordLr li) Lnablc a prt)pcr undLr.slanding ()I' IhL accounts lo
reached.
rew
rtered Accountant
Ch
GLary P2rtnLr%hip
Chari¥rLxJ A¢LI)un(anis
159a ChasL..%idL
EnliLld
EN21)PW
Da*..
3Q ao24

EMMANUEL crry CHURCH
STA TEMF.NT OF FINANCIAL AcfiviTIES
for the year ended
31 December 2024
Total
Totsl
funds
Unrestricted Restricted Year endcd
Year ended
funds
fttnd5 31 De¢ 21124 31 D¢¢ 21)23
INCOME AND EXPENDITURE
Income from:
D(Inations and Leg£lLICS'.
TiihL% and (?IhLr ol'lering5
-326,147
-129.977
-350523
InvLSimcnis'.
Bank iniLrcsi ￿LLIvabll
8,240
8,2411
16.61.5
10,615
19.120
Total Income
-351,202
-154.¥.32
173,693
Expenditure on:
Charii(iblL A¢iiviliL% Ini)ie 2)
1218.8201
I iu,o(x)) {248,8201
{254,7721
Totsl Expenditure
12.18,820}
(lo.￿))
1248,82111
1254.7721
Net Incon
112J82
16J70)
I1￿,012
118.921
Tidn%f¢rs ￿lwe￿n Funds
Net Movement in Funds
112J82
{6.17UI
11kn.012
11¥,921
RECONCILIATION OF FUNDS
NLt Mnvetncni in Funds. &5 Shown ab()vc
112.7182
16.1701
IIX),012
118.921
T()lal Fund% brnughi f()rwar
ai U l JanuGUy 21124
.3.IKH,4.36
17.6rf) I
3.022,1197
2,Yl)3,176
Total Fiinds carried forward
at 31 December 2Q24
3.116J18
3,128.10
3W22.097

F.MMANUEL CITY CHURCH
BALANCE SHEF.T
at 31 December 2024
31 Dec 2024
31 Dee 2023
Fixed assets
TangiblL Fixed A&%LlS InDl¥ 11
2.565,626
2,614,-162
Current assets
.%i(Lks
DLtIli?TS Ini)IL 41
Cash dt Bank and in Hand
I,IXM)
17,672
549.267
I.IXM)
23.71KI
39f>,Y9.f
Creditors: a[￿unt$ falling due
within one y￿r
-f 67.919
421.595
Cr￿1(ar% dnd AccruLxI Ex￿ndi[￿rL. Inole 51
15.4.f61
Net Current assets
562,481
407,71.5
Net assets
3,125,109
3.022.1197
Fund5
GLn¥ral Fund
R¥striLIL%i Fund% Inoie 61
-3.116.818
-I.IKH.4_16
17.(*FI
3,12¥,109
3,022,1197
Apprnved hy th¥ B(iard nfTruEILLS l)n
and si¥nLd ()n ihLir IL'haif by..
Chan Kwai F()ng
TrJ.4lLL
Jimtny Hon Chung Kdn
Tru.%lLL

EMMANUEL CITY CHURCH
NOTES TO THE ACCOUNTS
for the year ended
31 December 2024
Afcounting Policies
B￿15 of accounting
The financi￿1] slaiLmLnls htivL IL'Ln prL'piVLd undLr the hi¥l()rical Liisl L()nvLnii()n. dnd in rflLL()rdanLL with
ALCC)uniing and RLtx)riinbT by Ch<uiIiLS'. si￿lIL[nLlll ul. RLLI)mmLnded Pr(icliLL appliLdblL Iii chariiiL% pfLp￿lng
IhLir acLiJuni% in accordanLL with IhL FinanLiul RLpofiing 8ianLl4￿d applic<iblL in the UK IFRS 11)21 ILtfL*IivL I
Janlldry 201YI.
bl.
Incorne recognition
TiihLs dnd olliring% ￿lfL. acc()unlLd lor whcn reLLived hy the church. OthLr inL()tnc i% acL(?unlLd for i)n <in
accrudl.% hasLS &8 far it 1% prudLni ii) d().%().
Reeognition of expendithre and liahilities
ExpLndilurL 1% r¢L()gnisc'd in the Si￿lILn￿n( ()r Financial Aclivi¢iLS a5 ti is inLurrcd. ExpLn%L% incurrL.d whiilly in
pur%uanLe af IhL Lhur¢h's LhariiahlL LiCtiViliL%. including %alariL¥ ul. Pa%li)rdl %laff. aru LldN5ifiLd rL'%()UlLLS
expLndLJ ()n Ch￿lIabIL ALIiviiiL%. ExpLn%LS InLurrLd in mLLiing ihL Iing()ing rLquirLmLni% ()1" s1(ilulL and Ihe
churLh'% ii)n51iiuiii)n classifiLd &5 GovcrnanLL Cosis. ￿hcr managLtncni and ddmini%iraiiiin L().%l.% arL'
classIfiLd as OihLr RLs()urcLs ExE￿ndLd.
AcLruL.d ex￿.nd1lU[¢ has taken up in ihL aLL()unLS ai IhL financilil yLar cnd.
dl.
Fixed awts. depreeiation, a￿] amortisation
FixLd a55cls arL' sldied ai Lust Ilss aLLumulaiLd dLpreciatiDn ()r am()rii.%alinn.
Deptrciaiion and am()rti%aii()n i.% providLd at Ihe l()Ilnwing <innual raiL%. calculaiLxl iii rLduce IhL b(xTrk value ()[
Ihc &S%LI.s Lanc¥rnLd 10 ¥%litnaiLd residiial valuL ()vcr IhLir u%Lful wi)rking IivL%'.
FrcchiilJ ptrmi.SL%- 2% on Lost
Fixiurc%. fiiiings and LqUiPIiiLni- 25% 1)n Lo%1
Stocks
Si￿ks consis1 nf bL)()k% hcld lur rcsale and arL' valuLd al the IuwLr nfci)s1 and nLI fL'ali%dhle valuc.
pe￿s1O￿ rontributions
ThL church makL.% fL"gular L(Inirihuiion5 1()ward.% IhL pcNin£il pen%inn pliins ()f ccnain LrRpl()y¢Ls in LlltnplianLL
wilh IhL W(?rkpldLV tk'nsian rLbTuldlion%. C()nirihuiii)ns arL Lh￿ged io sialy L().%l.% &$ tn¢utrLd. Thcre WL'TL
()UISldnding Ll)niribuiinn4 al IhL haI￿inLL.￿heLI d￿lIL.
gl.
Taxation
As a rL'gislLrLd lh￿￿lIY, IhL Lhurch is gLnLrally eKLmpi frc)m incomL lax and capiial gY41in% lax. hui n()I friim
valu¢ dddLd lax. 1￿LL()vLrd￿1L V(IluL addL￿ i(iK 1% inclu(Icd itl thL LC)41 ()f iho4L itL'ms 1(1 wliicli li TLldlLS.
io.

EMMANUEL CITY CHURCH
NOTES TO THE ACCOUNTS, continued
ror the year ended
31 December 2024
Aceounting Polici£% Continued
h).
Funds strneture
UnrL'.%tricied fur￿% c()mprise th0￿ fund% which IhL truslLc% are frcL I() U.SL fi>r any purtKi8L in furthLrdnLL ()r Ihe
Lh£iriiat)IL (IhjLLI.s. UnrL%iriLILd I'unds inLludL dL%ignaiLd I'unds whLfL' IhL iru%lLLS, ai IhLir di*TLljI)n, havL
crL'Qled a fund fi)r d %PL'cifiL purpo%¥.
RLstri¢lLxJ fund.s ar¥ I'unds whiLh <)rL 10 Ik. USLII in acci)rdan¥e wilh speciliL rLslricii()ns imtX)%L'd hy thL' d()n()r iii
tru.%1 dLLd. ThLrL is i)nL' rLsifiLILd lund.. IhL Mi%5ion and ReliLf Fun(t. &sidL fnr IhL purp()%ti% dLSLlitLd in
noie 6 11) IhL ￿lX)unt.5.
Expenditure on Charitahle Activities
Totsl
Total
Total
flinds
funds
Unroqtricted Restricted Year ended Year endcd
funds
funds 31 Dec 21)24 31 Ilec 2023
Direct expenditure
Mi5%inn iind reliLf
pl￿({)raI slan'L()%is
EvLnis ￿ind nihLr aciivitics
Gifi% ￿1nd hc)n(Iraria
Training and rLSIIUILLS
10,(NX)
10,IMMI
127.1178
I I.(XMI
136.168
17,8112
127,(178
15.88.3
1,050
1.1174
1.874
145
i&,voo
155I¥5
167A97
Supwrt Costs
EstablishmLnt nverhLads
E5tdhlishnL'ni staff L(?.%l%
l)thLr ()v¥rhLdd.
tkpr¢Liaiic)n am()nisaiion
111,Y75
4,21X)
10.Y7.f
4,21K)
9.461
-357U
2,424
fi9,7711
71),997
711.1)y7
90835
Y0135
225
Governance Costs
Acei)uttianLy fces
2,1(K)
2,IlX)
2.051)
2,1011
2.1
2.050
Total
238W20
iu.0
20
2S4,772
li

EMMANUEL CITY CHURCH
NOTES TO THE AccouKfs, continued
fur the year ended
-11 Deeember 2024
Expenditure on Charitable Attivities. continued
Year ended Year ended
31 Dtt 2(124 31 Dct 2U23
Stsfl
The avLrage numk.r (?fLmplnyLL% during ihL yLar was..
ManaBLmLni and adminiblralion ()r Ihc Chariiy
NumlL'r ol'slarr lor wh()m rLlirLmcni t￿mLfil￿ are <lLLTuing
undLr tn()nLy pufLha%ty tL'n5ion %LhLmL
Staff Costs
Sidfi. %al(iriL5
EJnpl()yLr'% Nl cantribulion
Pensi()n cnniribulirins
122.44_fi
7.6.39
lJ.&fj4
6.518
9.810
131278
139,738
No LmpliiyeLS Larned £6(I.IMX) p.a. or mLirL.
Tangible Fixed Assets
Fixthres
rittings and
equIp￿nI
Frei.1￿]d
premises
Total
Cost or valuation
BalilllLL JI11 l.111.2n24
Addili()ns
2.753,fj21
18,862
I Ixl,gg4
2.¥.fj4,515
22,261
Balantt at 31.112(124
2.772J¥3
2J176.776
Depreciation
BdlanLL ai 01.111.2024
ch￿g¢ lur IhL yLar
169.178
-$5,448
70,975
15,549
241).151
711,9Y7
Balance at 31.12.2024
224.626
¥652A
311.150
Net I1￿k Value 4t 31.122024
2547.757
17,869
2565.626
Net Book Value at 31.12.2011
25154.M3
2.614J62
12-

EMMANUEL CITY CHURCH
NOTES TO THE ACCOUNT5, continued
ror the year ended
31 December 2024
Debto
31 Dec 2Q24
31 Dec 2011
Gill Aid lax rLt)a* TLLLivablL
OIliLr dchiors. PTLpaymLni.% and accru￿ incamL
12.076
9,371
17,672
23,70
Creditors: anxbunts falling due within one year
31 Dec 202A
31 Dec 2023
ALLfu2L Is and dLfLrrLd inLI)mL
TL￿all£?￿ L2nd s(Kial %LLuri(y
()Ihcr LrLditors
2.1(Kl
2,617
2,n40
4.1).f.B
7.767
5,456
13160
Restrieted Funds
Mission
And
Relief
Fund
Total
Restricted
Funds
BalanLL di 01.01.21124
Incojning rL'%C)ufLL%
l)UlgT()ing rL%()ufcL
Translir.s Ilolllr()m unresiTiCiLd lund
17,661
17,(kn1
I10,(KKJI
{111.(KK)}
1Salance at 31.112V24
11291
11291
ThL Mi%sion and Relicf Fund exisis (() provi¢JL I'unds l()r tni&sionary actlvllies and di%a%tcr and p()VLny rLlirr.
A￿alYSIS of net assets behveen fllnd5
General
Fund
Restricted
FuA)ds
Total
Tan,,'blc IIxLd assLI
Cash al hank and in hand
(AhLr nLI Lurrcni as￿l¢JIll<7b]Iil1lS}
2..56.5.626
537.Y76
2.5&S.626
-549,267
1.3.216
3,116J118
11291
3,128.1119
iJ-

EMMANUEL CITY CHURCH
NOTKS TO THE ACCOUNTS, continued
for the year ended
31 December 2024
Transactioms involving trusttts and connvied perso
l. During IhL yLar end¥d I I IkL'Lmbcr 2024. Rev Y K Sung. a lortncr Iru%lLL, reLLivcd rL'munLrali()n including
p¥nsr()n in IhL sum u1£29,210121)2.1 £40.4&)l in hi.% ¢apdLily Scnior Pdslor.
2. During IhL yLar Lndcd.3 I Ik'L¢mlL'r 21124, Mr J Y Sung, san ()r ihL l()rmer RLV Y K .Sung, ILLLivcd
remunLrulion including pLnsi(In of£46.4621202.1. £47.9a91 as an employLL ()f Ihc churLh.
14-