Love God Passionately. Build Church Biblically. Serve Community Relevantly.
Emmanuel Community Church International (ECCi) CIO The Greenleaf Centre, 67-69 Greenleaf Road, Walthamstow, London, E17 6QP Charity no: 1188984
Report and Financial Statements
Year ended: 31 August 2022
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2022
| CONTENTS | PAGE |
|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION | 3 |
| REPORT OF THE TRUSTEES | 4-5 |
| INDEPENDENT EXAMINERS REPORT | 6 |
| STATEMENT OF FINANCIAL ACTIVITIES | 7 |
| STATEMENT OF FINANCIAL POSITION | 8 |
| NOTES TO THE FINANCIAL STATEMENTS | 9-12 |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | 13 |
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Trustees
Douglas Williams Chair Anthony Hodgkinson Deputy Chair Debra Duncan-Silvera HR Wane Brockett Health and Safety Anetta Toudji Secretary Paul Butler Treasurer Mark Williams Oluwatoyin Cornwall Deborah Lewis resigned June 2022
Nursery Committee
Mark Williams Chair Hilda Jackson Secretary Sue Pattimore Hon. Treasurer/Administrator Jill Lovell Co-opted member of ECCi Edith White Co-opted member of ECCi
Elders
Rev D Williams Mr D Permale Rev A Ratnaras Rev A Hodgkinson Mr P Bombo Mr D Lovell Mr W Brockett Mr B Greaves Mr J Stephens Mr C Palmer
Independent Examiner
Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ
Bankers
Barclays Bank Plc Leicester LE87 2BB
Triodos Bank Deanery Road Bristol BS1 5AS
CAF Bank Ltd 25 King Hill Avenue West Malling Kent ME19 4JQ
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The Trustees present their annual report and financial statements of the charity for the year ended 31 August 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS102 effective from 1 January 2015.
Objectives and activities for the public benefit
The purposes of the charity are:
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the advancement of the Christian faith by the proclamation and furtherance of the Gospel of God concerning his Son Jesus Christ the Lord. Preaching and teaching of the Word of God by the Church in accordance with the statement of fundamental truths of Assemblies of God in Great Britain and Ireland (as approved by the general council from time to time.)
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furtherance of associated charitable services for the public benefit locally, nationally and world-wide.
The Trustees confirm that they have referred to the Charity Commission’s guidance on public benefit and consider that the activities of the charity meet those objectives and provide a benefit to the public.
Community Impact
• Emmanuel Community Church Nursery
The academic year started with 23 children on register and these numbers progressed well to 42 children at the end of the summer term. Although most nurseries operated below their normal capacity, we managed to get a significant number of children on roll.
We had about 12 to 14 children who were paying fees and were not funded by the Local Authority which is the highest number of fee-paying children we had so far. We were able to buy resources and equipment to replace what we gave to some of the children during the COVID 19 pandemic. Some resources were also purchased to help us support and meet the needs of children who had additional or special educational needs.
Staff worked hard to support the children to meet targets and to close attainment gaps in their learning and development. There was no change in staffing or management team.
We had local outings and our end of year trip to Paradise Wildlife Park, which children and parents enjoyed the experience. Nine children moved on to Reception in various schools.
Financial Review
The Trustees have implemented robust budgetary controls and continue to monitor costs in an effort to continue to deliver a balanced budget for the future. The summary of its financial performance is as follows:
Income - the total income for the twelve months under review was £138,045 (2021:£Nil). Expenditure - total expenditure in the year was £148,218 (2021: £Nil).The Charity recorded an operating deficit for the year of (£10,173) (2021: £Nil). Unrestricted Reserves for the year were £2,722,342; whilst restricted reserves were £1,985 at the end of the financial year.
During the year the Trustees continued to place emphasis on financial management to ensure that the funds within the organisation are properly managed.
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fte5er¥e Poll The trustees have stated that unrestrlcted funds held by the CIO should be at least three months of annual expendrture. At thls level the trustees feel that they would be able to continue the current level of actfvltles of the CIO should there be a slgnificant drop in funding. StATEMEKf OF TRUSTEE RESPONSIBIUTIES The trustees ère responsible for preparing the Report of the Trustees and the flnanclal ststements in accordance with applicable law an(1 United Klngdom Accountlng Standard5 Iunited Kingdom General Accepted Accountin8 Practice). Company law applicable to charlties in England and Wales, the Charities Act 2011, Charity Re8ulations2¢X)8 and the provisions of the trust deed requires the trustees to prepare financial statements for each IAccounts and Reportsl financlal year which glve a true and fair view of the state of affairs of the charity and of the incoming resources and applicatlon of resource5, includlng the inwme and expendlture of the charity for that perlod. In preparln8 those financSal statements, the trustees are required to: select suitsble accountlng pollcles and then apply them consistently: observe the methods and principles in the Chartty SORP; make judgments and estlmates that are reasonable and prudent: prepare the flnancial statements on the golng conrn basls unless It Is inappropriate to presume that the Charity will continue in busines5. The tru5tee5 are respon51ble for keeping proper accounting records which disclose wlth re050nable accuracy at any tlme the flnancial position of the charity and to enable them to ensure that the flnancial statements comply wlth the Companles Act 2C6. They are also responsible for Safeguarding the a55ets of the charlty ané hence for taklng reasonable steps for the prevention and deteclion of fraud and other Irregularities. This report 15 prepared in accordance with the special provi51on of Part 15 of the Companies Act 2006 relalin8 to small companies. Approved by order of the Board of Trustees on . -and signed: ON BEHALF OF THE BOARD: Rev Douglas Wllllams [Trueel
REPORT OF THE INDEPENDENT EXAMINER EMMANUEL COMMUNITY CHURCH INfERNATIONAL YEAR ENDED 31sr AUGusf 2022 I report to the trustees on my examlnatlon of the accounts of the above charlty for the year ended 31st August 2022, which is set out on pa8es 6 to 13 of thls report. Responslbllltles and ba515 of report As the charity trustees. you are responslble for the preparatlon of the accounts In accordan wlth the Charitles Art 20111.the Acv). I report in respect of my examlnation of the Tnjsvs acc¢>unts carried out under sectlon 145 of the 2011 Act and In carrylng out my examlnatlon, I have followed all the appllcable Dlrectlons glven by the Charlty Commlsslon under sectlon 14515llbl of the Act. Independent examlnerfs ststement I have completed my emInatIOn. I conflmi that no materlal matters have come to my attentlon in connection wlth the examination whlch 8lves me cause to belleve that In. any materfal respert,: the accountlng records were not kept In accordance wtth sertlon 130 of the Art; or the accounts dld not attord wlth the accountlng rerords: or the accounts dld not comply wlth the appllcable requlremenls concemlng the form and ¢ontent of actounts set out In the Charitles (Accounts and Reports) Regulatlons 2008 other than any that the accounts glve a 'true and fairf view whlch Is not a matter consldered a5 part of an independent examirhitlon. I have no COnrn5 and have come across rM> Other matters In connectlon wlth the examlnatlon to whlch attention should be drawn In thls report In order to enable a proper un erstandlng of the accounts to be reached. Rolston Al Allen Robyn & A550ciates Ltd Charted Certlfled Accountsnts 367 Caledonian Road London N79DQ Date: z¥.É.ED23
EMMANUEL COMMUNITY CHURCH INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31ST AUGUST 2022
| Unrestricted Restricted INCOMING RESOURCES Notes Funds Funds Incoming resources from generated funds Voluntary Income 2 136,060 1,985 RESOURCES EXPENDED Charitable Activities 3 142,091 - Support Costs 5 6,127 - TOTAL RESOURCES EXPENDED 148,218 - NET INCOME/EXPENDITURE FOR THE YEAR (£12,158) £1,985 OTHER RECOGNISED GAINS/(LOSSES) Transfer to CIO 9 2,734,500 - TOTAL FUNDS CARRIED FORWARD £2,722,342 £1,985 |
Total 2022 138,045 142,091 6,127 148,218 (£10,173) 2,734,500 £2,724,327 |
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None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2022 other than those included in the statement of financial activities.
The notes on pages 9 to 12 form part of these accounts.
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL ATEMENT OF FINANCIAL POSITION YEAR ENDED 31sr AUGUST 2022 TANGIBLE ASSETS Tangible fixed assets CURRENT ASSETS Cash at bank and in hand 2.623.208 101,149 CREDITORS: due within one year Net CurrentAssets TOTAL ASSETS LESS CURRENT LIABILITIES Net Assets FUNDS: Unrestricted funds Restrlcted Funds 2,722,342 The flnancial statements were approved by the Board of Trustees on signed on its behalfby: nd were Rev Douglas Wllllams (Trustee) The notes on pages 9 to 12 forni part of these accounts.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL NOTES TO THE ACCOUNTS
YEAR ENDED 31ST AUGUST 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
These financial statements have been prepared under the historical cost convention and in accordance with FRS 102 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard Section 1A applicable in the UK and Republic of Ireland and the Companies Act 2006.
Emmanuel Community Church International meets the definition of a public benefit entity under FRS 102.
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue operation for the foreseeable future. The Charity has adopted the Going Concern basis for the preparation of the financial statement.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Donations and other incoming resources - Represents income from tithes and offerings from members and visitors of the Church recorded when they are receivable.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs.
Governance costs
Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support costs.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL
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NOTES TO THE ACCOUNTS YEAR ENDED 31[ST] AUGUST 2022
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property and Investment property 10% on Straight Line Fixtures and fittings 33% on Straight line method
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. VOLUNTARY INCOME
| a) Donations and legacy Unrestricted Restricted Fees and Grant 102,939 933 Other Income 33,098 1,052 Interest 23 - 136,060 1,985 3. CHARITABLE EXPENDITURE Unrestricted Restricted Charitable expense 142,091 - Support cost 6,127 - £148,218 - |
2022 103,872 34,150 23 138,045 2022 142,091 6,127 £148,218 |
2021 105,661 10,645 5 116,311 2021 107,894 10,471 £118,365 |
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4. TRUSTEES REMUNERATION AND BENEFITS
Trustees' salaries
2022 -
There were no trustees' expenses paid for the year ended 31 August 2022 nor for the prior year.
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL NOTES TO THE ACCOUNTS YEAR ENDED 31ST AUGUST 2022
| 5. STAFF COST Wages and salaries Social security costs Other pension costs No employees received emoluments in excess of £60,000. The average monthly number of employees during was as follows: ECCI Nursery 6. FIXED ASSETS COST At 1st September 2021 Additions and CIO Transfer As at 31st August 2022 DEPRECIATION Opening Balance CIO Transfer Charge for the year NET BOOK VALUE As at 31st August 2022 7. CREDITORS : Amounts falling due within one year Other creditors |
the year Freehold Property - 2,900,000 2,900,000 - 249,239 29,000 278,239 £2,621,761 |
Fixture s and fittings 48,454 745 49,199 47,039 - 713 47,752 £1,447 2022 30 £30 |
Fixture s and fittings 48,454 745 49,199 47,039 - 713 47,752 £1,447 2022 30 £30 |
2022 89,717 4,041 2,518 96,276 2022 8 Total 48,454 2,900,745 2,949,199 47,039 249,239 29,713 325,991 £2,623,208 |
2022 89,717 4,041 2,518 96,276 2022 8 Total 48,454 2,900,745 |
2022 89,717 4,041 2,518 96,276 2022 8 Total 48,454 2,900,745 |
2022 89,717 4,041 2,518 96,276 |
2022 |
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2022 |
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| 8 Total |
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2,949,199 |
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47,039 249,239 29,713 325,991 |
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2021 |
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| - - |
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EMMANUEL COMMUNITY CHURCH INTERNATIONAL NOTES TO THE ACCOUNTS YEAR ENDED 31ST AUGUST 2022
| 8. MOVEMENTS IN FUNDS Unrestricted Funds General Restricted Funds Donations and legacies Total Funds 9.FUNDS BALANCES Unrestricted Funds General Freehold Nursery Restricted Funds Donations andlegacies Nursery TOTAL FUNDS |
At.01.09.2021 - - - - - - - - |
Incoming Resources £136,060 1,985 £1,985 £138,045 Transfers - 2,652,177 82,323 £2,734,500 - 1,416 £1,985 £2,735,916 |
Resources Expended £148,218 - - £148,218 Net Movements in Funds (12,158) - - (£12,158) 1,985 - £1,985 (£10,173) |
Movement in Funds (£12,158) 1,985 £1,985 (£10,173) At.31.08.20 22 (12,158) 2,652,177 82,323 £2,722,342 1,985 £1,985 £2,724,327 |
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EMANNUEL COMMUNITY CHURCH INTERNATIONAL NURSERY INCOME AND EXPENDITURE STATEMENT OF FINANCIAL ACTIVITIES
| INCOMING RESOURCES: Designated funds Unrestricted Restricted Fees and Grant 102,939 933 Donations and Legacies - 1,052 Other Income 33,098 - Interest 23 - Total incoming resources £136,060 £1,985 RESOURCES EXPENDED: Charitable activities: Salaries and wages Employer Nic Pensions Rent Insurance Depreciation Meals and refreshments Advertising & promotional Equipment consumables SUPPORT COSTS: MANAGEMENT Administrative and office expenses Payroll cost Repairs & cleaning Telephone Subscriptions Staff Training Total resources expended Total Income over expenditure |
2022 103,872 1,052 33,098 23 £138,045 89,717 4,041 2,518 11,218 1,188 29,713 £763 - 2,933 £142,091 2,220 912 309 737 1,328 621 £6,127 £148,218 (£10,173) |
2021 105,661 701 9,944 5 £116,311 |
2021 105,661 701 9,944 5 £116,311 |
2021 |
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85,767 4,362 2,387 8,759 1,002 - 548 £714 4,355 £107,894 |
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2458 927 5,111 455 1,036 484 £10,471 £118,365 |
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(£2,054) |
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