WARRINGTON EMMAUS FELLOWSHIP TRUST YEAR ENDED 5TH APRIL 2023 TRUSTEES REPORT
On the 6[th] April 2022 the Assets and Liabilities of the Registered Charity No. 326034 (Warrington Emmaus Fellowship Trust) was transferred to a new Registered Charity No. 11944305 (Warrington Emmaus Fellowship Trust) as a Charitable Incorporated Organisation. Its address is Emmaus Church, Orford Hall, Capesthorne Road, Orford, Warrington WA2 9AP. Meetings and administration are both based there.
The Trustees throughout the Year to 5th April 2023 and to the date of this report are Nigel Cannell, Jim Marklove, Jean Merrifield, Brian Molyneux, Derek Stewart and Ray Wright. Nigel Cannell and Derek Stewart are the Treasurers.
Ian Afflick of 61 Tatton Road North, Heaton Moor, Stockport Cheshire is the Independent Examiner and HSBC Bank of Warrington the bankers.
Mission Statement
Warrington Emmaus Fellowship Trust is a church-based charity created to promote the Christian gospel both at home and overseas. Its aim is to spread the Gospel by all means such as preaching, producing literature and media presentation on our website (www.emmauschurch.org.uk). Provision is made to counsel and help all members of society in any need. The charity proposes to work with all other Christian organisations to promote the public good. Aims and Organisation
The object of the charity is the propagation of the Christian faith including: evangelism, pastoral care and counselling, promoting Christian doctrine; printing and distribution of the Bible and Christian literature; providing meetings, equipment and other means of support for these activities.
The trustees are all church members and meet on a regular basis.
The organisational structure is informal: all major decisions arise from the Church body at business meetings. Elders, Trustees and other Church officers practically carry out such decisions on a day-to-day basis. Other sectional leaders are responsible for Youth and Sunday School and Evangelism.
The Trust exists to spread the Gospel of Jesus Christ by organizing meetings, distributing Christian literature, film, etc. and to support people in times of spiritual need. It also exists to perform charitable acts and services. Reserves Policy
The charity maintains adequate unrestricted funds to cover working capital 'ebbs and flows' of £10,000. Risk Management
The trustees have ensured that there is adequate child protection and insurance cover for property/contents. A personnel and a risk management review is ongoing. The security of our premises included maintaining the CCTV system and the usual regular testing of all fire extinguishers, fire alarm and emergency lighting. We installed a defibrillator at the front of our premises for community use if required. We needed to replace some of the heating boilers in various areas of the building.
Review of Activities and Public Benefit
We try to enable ordinary people to live out their faith as part of our community through: Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus. Provision of pastoral care for people living in the community. Missionary and outreach work.
Although the government guidelines covering the COVID-19 pandemic had subsided some activities continued using video and telephone conferencing. Also part of our regular Sunday morning meeting was streamed online. During this financial year, our partnership with the Eden Project and the Willow Community Project continued with our community outreach and support of Café, Mums and Tots and various other charitable acts in line with our own overall vision. Pathway Community Counselling Service ceased operations on 31[st] October 2022.
Several workers in overseas missions were partially supported financially. Gifts were made to several Christian organisations.
Our Child Protection policy was maintained.
Monthly gifts to Ameva School (Zimbabwe), McRoys (UFM), Warrington Youth for Christ and Kunle Ishola (Emmaus).
Derek Stewart
…………………………………………………………….
4/1/2024
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WARRINGTON EMMAUS FELLOWSHIP TRUST
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDING 5TH APRIL 2023
| Notes Income & Expenditure Income Offerings & Donations Received Investment Income Donated Assets from Charitable Trust Other TOTAL INCOMING RESOURCES Less: RESOURCES EXPENDED Direct Charitable expenditure Missionary & Ministry Meeting & Centre Expenses 12 Poor Relief & Foreign aid Outreach, Donations & Projects Charitable Activity Costs Pathway Counselling Grants Expenditure 13 Administration 10 Governance 11 TOTAL RESOURCES EXPENDED NET INCOMING RESOURCES for the year Interfund Transfers NET INCOMING RESOURCES for the year & as at 5th April 2023 |
Unrestricted Funds £ 45,851 314 2,106,863 0 2,153,028 12,583 46,715 65 371 59,734 0 0 0 10,236 425 70,395 2,082,632 498 2,083,130 |
Restricted Funds £ 22,549 2 16,046 1,154 39,751 13,212 1,419 2,895 4,481 22,007 1,885 4,144 6,029 7,489 0 35,525 4,226 -498 3,728 |
Total £ 68,400 316 2,122,909 1,154 |
|---|---|---|---|
| 2,192,779 | |||
| 25,795 48,134 2,960 4,852 |
|||
| 81,741 | |||
| 1,885 4,144 |
|||
| 6,029 | |||
| 17,725 425 |
|||
| 105,920 | |||
| 2,086,858 0 |
|||
| 2,086,858 |
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WARRINGTON EMMAUS FELLOWSHIP TRUST YEAR ENDED 5TH APRIL 2023
Report on the accounts of the Trust for the Year ended 5th April 2023, which are set out on pages 1 to 9
Respective responsibilities of Trustees and Examiner
As Trustees of the Charity, you are responsible for the preparation of the Accounts; you consider that the Audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43 (7)(b) of the Act, whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was earned out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 41 of the Act: and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
lan AffIick
Accountant 61 Tatton Road North Heaton Moor, STOCKPORT Cheshire ST4 4QX
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WARRINGTON EMMAUS FELLOWSHIP TRUST BALANCE SHEET
AS AT 5TH APRIL 2023
| FIXED ASSETS Notes Freehold Properties inc Improvements 3 Furniture, Fixtures & Fittings Equipment CURRENT ASSETS Debtors & Prepayments 4 Cash at Bank Cash in Hand Less CURRENT LIABILITIES Creditors & accruals 5 NET CURRENT ASSETS Less Creditors Payable after one year NET ASSETS Represented by FUNDS Unrestricted funds Restricted Funds |
£ 2,000,000 3,792 10,474 10,281 64,134 407 74,822 1,980 |
£ 2,014,266 72,842 250 |
|---|---|---|
| 2,086,858 | ||
| 2,083,130 3,728 |
||
| 2,086,858 |
Approved by the Trustees 04/1/2024 and on their behalf
Derek Stewart
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NOTES TO THE FINANCIAL STATEMENTS YEAR ENDING 5TH APRIL 2023
1 ACCOUNTING POLICIES
The Financial Statements are prepared on a historical accounts basis, taking into account accruals and depreciation where relevant, in order to ensure consistency. The restricted gifts are distributed as given.
. Gifts in kind are only recorded and included if material, and then are included as income in the year given. Rents and Grants are recorded as income only when received. Income Tax recoverable from Gift Aid donations is included at the date net donations are received, and where appropriate included as a debtor at the Balance Sheet date.
Only reimbursements of expenditure are netted off against such and not counted as income. In certain cases, a charge is indicated for events, but not enforced on full-time workers or their families or other hardship cases, causing a net expense. Unpaid services would more than outweigh any benefit provided to such members.
Unrestricted Funds are incoming resources, which can be used in accordance with the charitable objects at the" discretion of the trustees.
Designated Funds are unrestricted funds set aside by the trustees for particular purposes. Restricted Funds are to be used for specific purposes. Restrictions arise when specified by the donor or when funds, are raised for particular restricted purposes.
Centre expenses (on Orford Hall) are not wholly directly charitable in nature; certain administrative functions are performed there. However, accommodation provided for Christian workers and their families is considered to be both an integral part of the Direct Charitable activity of the Church to its members and the local community and the major use of the buildings.
Unless Hired pure and simple, Assets are Capitalised, irrespective of finance sources and methods, provided such are permanently intended to be used by the Trust and over £250 in value. Properties are not annually revalued unless, in the opinion of the Trustees, previous valuations are misleading. No depreciation is provided on such, since this would be misleading. Current Assets are shown at the lower of cost and net realisable value. Current Liabilities are shown at settlement value.
2. DEPRECIATION OF FIXED ASSETS
This is provided, other than on Properties, on the reducing balance method (unless otherwise shown), based on expected useful lives, at the following rates:.
Furniture, Fixtures & Fittings 15% General Equipment 15% Electronic Equipment 25%
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WARRINGTON EMMAUS FELLOWSHIP TRUST
YEAR ENDING 5TH APRIL 2023 NOTES TO THE ACCOUNTS
| 3. Fixed Asset Movements Cost & Valuation Transfer of Assets 6/4/22 Improvements/Additions in year Disposals in year As at 5/4/23 Depreciation Charge for year As at 5/4/23 Net Book Value as at 6th April 2023 |
Freehold Properties Improvements £ 2,000,000 0 0 2,000,000 2,000,000 |
Furniture Fixtures& Fittings £ 4,093 |
Equipment £ 10,786 4,056 1,225 13,617 3,142 3,142 10,474 |
Motor Vehicles £ 334 0 334 0 0 0 0 |
Total £ 2,015,213 |
|---|---|---|---|---|---|
| 432 | 4,488 | ||||
| 64 4,461 670 670 3,792 |
1,623 | ||||
| 2,018,078 | |||||
| 3,812 | |||||
| 3,812 | |||||
| 2,014,266 |
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WARRINGTON EMMAUS FELLOWSHIP TRUST
NOTES TO FINANCIAL ACTIVITIES
YEAR ENDING 5TH APRIL 2023
| 4 Debtors Gift Aid Tax Reclaim Prepayments |
£ 8,376 1,906 10,281 |
|---|---|
| 5 Creditors Accruals 6 Analysis of net Assets by Fund Fixed Assets Current Assets Less Current Liabilities Fund balance as at 5th April 2023 |
£ 1,980 1,980 General Fund £ 2,014,266 71,094 2,230 2,083,130 |
Restricted Funds £ 0 3,728 0 3,728 |
Total £ 2,014,266 74,822 2,230 2,086,858 |
|---|---|---|---|
7 Trustees & Connected Persons’ Contracts & Expenses
Pastoral & Outreach travel expenses of £136 was reclaimed by One Trustee in the year. All of these were ‘arm length transactions’. Other than these, no contracts were entered into or other expenses reimbursed to Trustees or Connected persons.
8 Independent Examiner’s Fee
The Independent Examiner’s fee for examination of accounts £250 and for accounts preparation £175.
9 Commitments
Two missionary/ministry families have also been assured of indefinite support of £1,250 per month .There were also commitments to specific works amounting to £300 per month indefinitely
.
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