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2024-04-05-accounts

WARRINGTON EMMAUS FELLOWSHIP TRUST

TRUSTEES REPORT FOR YEAR ENDED 5[th] APRIL 2024

Warrington Emmaus Fellowship Trust is registered as a ‘Charitable Incorporated Organisation’ with the Charity Commission.

Name: WARRINGTON EMMAUS FELLOWSHIP TRUST

Registration Number: 11944305 Address: Emmaus Church Orford Hall Capesthorne Road Orford Warrrington WA2 9AP

Names of Trustees: Mr John Nigel Cannell Mr James Marklove (resigned 31/07/2024) Mrs Jean Alice Merrifield Mr Brian Molyneux Mr Derek Edgar Stewart Mr Raymond Wright

Structure:

The Trust is managed by a Board of Trustees who are all church members. and meet on a regular basis.

The Church’s 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.

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.

Activities and Objectives in the Year: The Charity’s Object (“the Object”) which is for the Public Benefit is the advancement of the Christian faith, through (but not exclusively through) :-

(a) supporting such persons who endeavour to propagate or teach the gospel of Jesus Christ;

(b) organising and conducting Christian meetings;

1

Review of Activities and Public Benefit.

The Charity has:-

Throughout all of the above activities the Trustees and Church leadership have ensured that there is adequate child protection and insurance cover for property/contents. The security of our premises includes a CCTV system. Regular testing of all fire extinguishers, fire alarm and emergency lighting was carried out. To maintain the safety of all users of the premises, work was required to repair roof leaks, lift and the 5-yearly test of all mains electric fixed-wire. The defibrillator has been maintained at the front of our premises for community use if required.

Reserves Policy

The charity maintains adequate unrestricted funds to cover working capital 'ebbs and flows' of £10,000.

Raymond Wright

………………………………………………

26/11/2024

2

Statement of Financial Activities

Year Ended 5th April 2024

Income & Expenditure
Notes
Income
Offerings & Donations Received
Investment Income
Donated Assets from Charitable Trust
From Charitable Activities
Tots
Cafe
Other
TOTAL INCOMING RESOURCES
Less: RESOURCES EXPENDED
Direct Charitable expenditure
Missionary & Ministry
Meeting & Centre Expenses
9
Sunday School & Youth
Poor Relief & Foreign aid
Outreach, Donations & Projects
Charitable Activity Costs
Pathway Counselling
Tots
Cafe
Grants Expenditure
Administration
7
Governance
8
TOTAL RESOURCES EXPENDED
NET INCOMING RESOURCES
for the year
FUND BALANCES
as at 6th April 2023
as at 5th April 2024		 Unrestrict-
ed
Funds
£
50,101
857
0
482
602
0
52,042
13595
55679
30
126
14
69444
0
334
22
0
356
5,836
425
76,061
-24,019
2,083,130
2,059,111		 Restricted
Funds
£
19,174
0
0
0
0
780
19,954
13894
651
0
3074
4182
21801
0
0
0
0
0
150
0
21,951
-1,997
3,728
1,731		 05.4.24
Total
£
69,275
857
0
482
602
780
71,996
27489
56330
30
3200
4196
91245
0
334
£22
0
356
5,986
425
98,012
-26,016
2,086,858
2,060,842		 5.4.23
Total
£
68,400
316
2,122,909
0
0
1,154
2,192,779
25,795
48,134
0
2,960
4,852
81,741
£1,885
£0
£0
£4,144
6,029
£17,725
£425
105,920
2,086,858
0
2,086,858

3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WARRINGTON EMMAUS FELLOWSHIP TRUST YEAR ENDED 5TH APRIL 2024

Report on the accounts of the Trust for the Year ended 5th April 2024, 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

(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 Bridge Street Kingston HR5 3DJ

4

BALANCE SHEET AS AT 5TH April 2024

05.4.24
Notes
FIXED ASSETS
3
Freehold Properties inc Improvements
2,000,000
Furniture, Fixtures & Fittings
3,223
Equipment
9,411
Motor Vehicles
0

Current Assets
Debtors & Prepayments
4
9,750
Cash at Bank
39,785
Cash in Hand
191
49,726
Less CURRENT LIABILITIES
Accruals
5
1,268
NET CURRENT ASSETS
Less
Creditors Payable after more than one year
NET ASSETS
Represented by
FUNDS
6
Unrestricted funds
General Fund
Restricted Funds		 2,012,634

48,458
250
2,060,842
2,059,111
1,731
2,060,842		 5.4.23
2,000,000
3,792
10,474
0
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 26/11/2024 and on their behalf

Raymond Wright

5

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDING 5TH APRIL 2024

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%

6

WARRINGTON EMMAUS FELLOWSHIP TRUST YEAR ENDING 5TH APRIL 2024 NOTES TO THE ACCOUNTS

3. Fixed Asset Movements 2023/2024
Cost & Valuation 6/4/23
Improvements/Additions in year
Disposals in year
As at 5/4/24
Depreciation
as at 6/4/23
Less Disposals in year
Charge for year
As at 5/4/24
Net Book Value as at 6th April 2024
Net Book Value as at 6th April 2023		 Freehold
Properties
Improve-
ments
£
2,000,000
0
0
2,000,000
0
0
0
0
2,000,000
2,000,000		 Furniture
Fixtures&
Fittings
£
4,462
0
0
4,462
670
0
569
1,239
3,223
3,792		 Equipment
£
13,616
1,809
-520
14,905
3,142
-491
2,843
5,494
9,411
10,474		 Total
£
2,018,078
1,809
-520
2,019,367
3,812
-491
3,412
6,733
2,012,634
2,014,266

7

WARRINGTON EMMAUS FELLOWSHIP TRUST NOTES TO FINANCIAL ACTIVITIES YEAR ENDING 5TH APRIL 2024

4
Debtors
Gift Aid Tax Reclaim
Prepayments
5
Creditors
Accruals
6
Analysis of net Assets by Fund
Fixed Assets
Current Assets
Less Current Liabilities
Fund balance as at 5th April 2024		 5.04.24
£
8,280
1,470
9,750
5.04.24
£
1,268
1,268
General
Fund
£
2,012,634
47,995
1,518
2,059,111		 Restricted
Funds
£
0
1,731
0
1,731		 5.04.23
£
8376
1905
10281
5.04.23
£
1980
1,980
Total
£
2,012,634
49,726
1,518
2,060,842

7 Trustees & Connected Persons’ Contracts & Expenses

No Pastoral & Outreach travel expenses (Year to 5-4-23 - £136) were reclaimed by any (Year 5-4-23 - 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 (Year to 5-4-23 - £250) and accounts preparation £175 (Year to 5-4-23 £175) .

9 Commitments

Two missionary/ministry families have been assured of indefinite support of £1,250 per month. There

were also commitments to specific works amounting to £300 per month indefinitely

8