CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period from 1 January 2024 to 31 December 2024 Charity name: The Emmanuel Ministry Fund ("Charity") Charity registration number: 1184453 Objectives and Activities SORP ￿fe￿n Para1.17 Summary of the purposes of the Charity as set out in its goveming document The Objed of the Charity is, for the public benefrt. the advancement of the Christian faith in the United Kingdom and overseas by equipping and enabling the people and congregations of the parish of Christ Church, Surbtton Hill with Emmanuel Church, Tolworth ('The Parish'}, and the operation and ministry of Emmanuel Church, Tolworth. Summary ofthe main activities in relation to those purposes for the public benefrt, in particular, the activities, projects or setvices identified in the accounts. Para 1.17 and 1.19 The Charity's main activity in 2024 was the employment of a children's and youth minister, who carried out much of his duties in support of Emmanuel Church Tolworth. From time to time, the Charity may also provide funds to support members of the church family at Emmanuel Church ToEworth in activities which help advance the Christian gospel, such as Christian training and short-term mission trips, bLrt it did not do so in 2024. Statement confirming whether the trustees have had regard to the guidan issued by the Charrty Commission on public benefit Para 1.18 The trustees have had due regard to the public benefft guidance issued by the Chartty Commission, in particular the guidance on charities for the advan￿ment of religion, when exercising any powers or duties to which the guidan￿ is relevant. Additional inforniation (optional) You ma choose to include further statements where relevant about.. SORP referenc* The Charity has a policy on grant-making. Policy on grant making Pala 1.38 The Charrty has not adopted a policy on social investment because its current activities are limited in nature, and it does Para 1.38 Policy on social investment including program related investment not currently anticipate making a social investment beyond the scope of its current limited activities. The trustees are very grateful for the work which was carried out by the volunteer who acted as the treasurer and the Gift Aid secretary. Para 1.38 Contribution made by volunteers None. Other Achievements and Performance SORP reference The Charity's sole employee in 2024 was the Children's and Youth Minister, who carried out his duties supporting the ministry at Emmanuel Church Tolworth. His primary responsibilities were providing leadership and organisation of the Christian ministry for children and young people at the Church, which is open to everyone. This induded leading the all-age slots in the Sunday morning services., overseeing and regularly leading the Sunday fnorning groups for children from age 3 to school year 6 (Jesus and Me, or"JAM°) and young people in school years 7-9 ('Palhfinders"); running Cross Train, a weekly youth outreach programme for children and young people in the last year of primary school and earty years of secondary school- overseeing Kangaroo Club for children under 5 and their parents I Summary of the main achievements of the charity. identifying the difference the charity's work has made to the circumstances of its beneficiaries and any WKler benefits to society as a whole. Para 1.20 organising Emmanuel Church's support for its mission partners., working alongside Insight, a Christian schools work trust, and Christ Church Surb5ton Hill, to organise and deliver the Easter Experience lat Christ Church) and the Christmas Journey lat Emmanuel Church), both aimed at school children in the borough of Kingston. being a leader at one of the summer residential Christian outh conferences organised by Contagious Bible Ministries. which some youth from Emmanuel Church attended. Additional infoTmation {OPtional) You ma choose to include further statements where relevant about.. During the period, the Charity continued to achieve its aim of helping to advan￿ the Christian faith through the employment of the Children's and Youth Minister, who carried OLrt his duties in support of the ministry at Emmanuel Church Tolworth. Achievements against objectives set Para 1.41 The Charity's primary objective for fundraising was to ty to maintain income to be at least on a par with its expendtture, other than for exceptional items. It succeeded in 2024, primarily owing to the receipt of one-off gifts. Perfonnance of fundraising activities against objectives set Para 1.41 The Charity did not set specific objectives in regard to investment performan￿ owing to the relatively low levels of financial reserves. Investment performance against objectives Pard 1.41 Other Financial Review Review of the charity's financial posilion at thè end of the period Par8 1.21 The accounts show Ihat the Charrty received income in the period of £95,843, versus payments of £78,616, resulting in a net increase of cash funds during the period of £17,227. The main outgoings of the Charity were personnel-related expenses for the employee.. primarily the cost of accommodation for him and his family. which the Charity provided for the better performance of his duties, and his salary. At the end of the period, the Charity held cash funds of £67.610, composed of the following amounts-. £58,305 cash in bank accounts,. £6,400 rent deposit., £2,905 tax recovery. The Charity also holds a long-term lease on property at Flal 1, 444 Ewell Road, Surbiton, KT6 7EL which is represented on the balan￿ sheet al its cost of £191.618. This flat is let to tenants to gain rental income. Statement explaining the policy for holding reserves stating why they are held Para 1.22 The Charity's reserves policy directs trustees to deploy its financial resources lo further the Charity's objects and not to hoard cash, whilst also seeking to set aside funds when possible to safeguard the Charity's ability to further its objects in harder financial times. Amount of reserves held Para 1.22 At the end of the period, the charity had £58,305 of cash is the bank. All the available reserves were held in cash owing to the unpredictability of one-off giving, and because the charity's income would have been less than its expenditure had it nol been for this one-off giving, and the trustees wanted to ensure the Charity always had enough financial liquidity to meet expected cash requirements with an appropriate buffer. Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem Para 1.22 NIA Para 1.24 NIA. Para 1 23 In November 2024, a substantial portion of the members of Emmanuel Church Tolworth left to support a new church plant (Hope Church Tolworth). Since several of these eo le were financial donors lo the Charily, the trustees expect the amount of giving in 2025 to be less than in 2024. Nevertheless, owing to the relatively healthy amount of cash held in the Charity's bank account, and an expected reduction in personnel costs during 2025 following the resignation of the employee in January 2025, the trustees do not deem there to be Un￿rtaInty about the Chanty continuing as a going concem for at least the following 12-month period. Additional inforniation (optional) You ma choose to include further statements where relevant about.. 840h of the Charty's funding in 2024 came from charitable giving, and tax refunds from Gift Aid giving. The charity's principal SoUr￿S of funds (including any fundraising) Par8 1.47 There was £29,000 of one-off giving in 2024 (vs £37.122 of regular giving). and thè trustees are mindful that they cannot count on this being repeated in 2025. Most of the other income was rental income from the Charity's property at 444 Ewell Road in Surbiton. Investment policy and objectives including any social investment policy adopted The charity has a reserves policy but not an investment policy because the amount of investsble assets (i.e. cash) has been onsidered by the trustees to be too small to consider investing beyond an instant- access savings account. Paya 1.46 The Charity holds a long-temi lease on the property at Flat 1, 444 Ewell Road in Surbiton. This was originally purchased to provide accommodation to employees of the Charity for the better performance of their duties. The property was too small to accommodate the Charity's employee and his family, so the property is let to tenants to provide a rental income to the Charity. The trustees intend to Continue to hold this property to benefit from the rental income. and to be in a position to provide accommodation to potential future ees. A description of the principal risks facing the charity The Charity's principal risk in 2024 was liquidty risk given tts limited cash reserves, and Un￿rtaInty around the level of financial income going forward. Pafa 1.46 Other Structure. Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 Constitution, dated 10 June 2019, as amended on 1 A ril 2024. Charitable incorporated organisation {ClO). How is the charity constituted? -.Incorporated Para 1.25 srt Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Pafa 1.25 Appointed by existing trustees in accordance with the Charity's constitution and its Statement of Faith. Additional infomiation (optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship wrth any related parties Parn 1.51 On 1 April 2024, the Charity's Constitution was amended by written resolution. The reasons for the changes were to bring the Constitution into line with current best practice, as advised by a solicitor. reduce the minimum number of trustees from five to three. add one point to the Statement of Faith Con￿rning the Biblical view of marria Other Reference and Administrative details Charit name The Emmanuel Minist Fund CIO Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Not applicable. Name and objects of the charity on whose behalfthe assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of suGh assets from the charity's own assets Additional infomiation (optional) Names and addresses of advisers (Optional infomiation) Type of Name Address adviser Solicitor Edward Connor Solicitors 10 The Point, Market Harborough, LE16 7QU Name of chief executive or names of senior stsff members (Optional inforniation) Not applicable Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Not applicable Other o tional information Declarations The trustees declare that thèy have approved the trustees, report above. Signed on behalf of the clarity's trustees Signature(s Full namels) Position (eg Secretary, Chair, etcl Marc Evan je￿ L rJ&w& LL Chair Date Ourkn 20 CHARITY COMMISSION FOR ENGLAND ANO WALES ThE EMPIANUEL MINISTRY FUND Recei tsand ments accounts CC16a For the period from 0lm1r2024 To 31112r2024 Section A Receipts and payments UnrEstri¢ted funds Restn"cied funds Endowment Totsl funds Lastyear A1 Recei 'Gift aKI st3ndiro Lvders 31A45 1,672 4.702 OntrgfFGrft$ f4.534 14.534 14.600 441 14 B,232 Interest inwnE 441 242 164 ross MCOn￿ for AR) see tsble . tota 59.005 #nts S8larie5 24525 745 37.161 1,935 2.398 1,188 6T1 41.897 502 671 41,957 502 A￿0MMr￿30¢no)$ts Empkiyee exKense8 LeitiTry expenses InsuraTh2 1,897 1,897 I.￿5 Surky 211 193 Sub tstal 71616 7&616 74095 TrydI￿of Sub total 78,616 78.￿fj Net ofre¢eipW(paymentsJ A5 TrnnsFers btknveen funds A6 Cash funds last year end Cash lunds this yearend 17,227 17. 20.09ll 70A73 50,383 67,610 67.610 CCXX R1 acojunts ISSI Section B Staternent of assets and liabilities at the end of the period Unrestricted fundB Restricted funds Endovm79nl fijn BI CA8h fvnds Rwrt¢JeptsA' and wepaym8ni Total cash funds 67.610 zrf*ll lunds n••re•t£ Fut￿lOTHh1