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2021-06-30-accounts

Company number: 7027521 Charity number: 1132782

Immaanuveel

(A Charity Company Limited by Guarantee, company number 7027521)

Financial Statements and Trustees' Report for the year ended 30 June 2021

Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

Page 1 of 17

AT Immaanuveel

(A Charity Company Limited by Guarantee, company number 7027521)

Index to the Financial Statements for the year ended 30 June 2021

Page
Index to the Financial Statements 2
Charitable company Information 3
Trustees' Report 4 - 5
Statement of Trustees' Responsibilities 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Postion 9
Statement of Cash Flows 10
Accounting Policies 11 - 12
Notes to the Accounts 13 - 16
The following pages do not form part of the statutory accounts.
Appendix 1 - Tamil Church Restricted Funds 17

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

AT Immaanuveel

Charitable company Information for the year ended 30 June 2021

Status: Immaanuveel is a company limited by guarantee and a registered charity governed by its Immaanuveel is a company limited by guarantee and a registered charity governed by its
memorandum and articles of association. The directors of the charity are its trustees for
the purposes of charity law and throughout this report are collectively referred to as the
trustees.
Charity name: Immaanuveel
Company registration number: 7027521
(England & Wales)
Charity registration number: 1132782
Registered office: 66 Marlands Road
Ilford
Essex IG5 0JJ
Operations address: 66 Marlands Road
Ilford
Essex IG5 0JJ
Trustees who held office L D Mahendra
during the year: S D Karunyanesan
D G Sam-Daniel - Resigned 8 September 2020
Chair: L D Mahendra
Secretary: P N Nathan
Independent Examiner: Anthony Armstrong FCA
Armstrong & Co
Chartered Accountants & Statutory Auditor
4a Printing House Yard
Hackney Road
London E2 7PR
Bankers: Reliance Bank Ltd
Faith House
23-24 Lovat Lane
London EC3R 8EB

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

AT Immaanuveel

Trustees' Report, incorporating the Directors' Report

for the year ended 30 June 2021

The Trustees of Immaanuveel present their report together with the financial statements for the year ended 30 June 2021.

Aims of the Church

The main charitable objects of Immaanuveel are to provide opportunities for worship and pastoral care to Tamil speaking Christian immigrants; the presentation of Christianity to Tamil speaking Hindus and to help children of immigrants grow up to be Asian, British and Christian.

Structure, Governance and Management

Governing Document

Immaanuveel is a company limited by guarantee, incorporated on 23 September 2009 and registered as a charity on 18 November 2009. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1 each.

Trustees

The Trustees of the charity who held office during the year are disclosed on page 3.

The Freehold property at 8 Berkeley Road is owned by custodian trustees on behalf of Immaanuveel Limited.

Treasurers and accounting procedures

Our honorary treasurers are T Sriyoheswaran, Sam Karunyanesan and D Duraipandian. They are assisted by several others in the various congregations. All churches manage their own bank accounts separately and report to the group treasurer. Income and expenditure statements are also managed separately by the churches.

Review and Report of the year

The financial result for the year 2020/21 is set out on page 8.

From 1st July 2000 the branch churches ECF-Walthamstow and ECF NP started functioning interdependently hence the financial report only reflects the ECF-MP activity.

Due to covid, we could not meet as a church in our usual place of worship. However, the church continued to function remotely and Sunday services and various other meetings were conducted on zoom.

Although our regular income dropped by 14% due to covid and economic circumstances, but our members continued to support the church and gave generously. Also, since we could not meet at our normal worship place, the church did not have to pay the rent. Therefore, our regular expenses were reduced by 17% which has meant the church made a surplus income of £26,866 for the financial year from its usual church activities.

In addition to this, the church continued the fundraising activities to buy a permanent place of worship and during the year, they raised an additional £164,860 which has meant the special building fund balance has increased to £303,622 as of this financial year end.

As a result of the above, our closing bank balance on the 30th of June 2021 was £474,503.

As required, Trustees re-valued the property at 8 Berkley Road London E12 as of 30th June 2021 and its value has increased from £425,000 to £460,000.

The church continued its ministries amongst mainly the Tamil speaking communities from India, Sri Lanka and Malaysia. Many people have been blessed by our ministry. We thank God for our workers, both paid and unpaid, who work tirelessly to meet the emotional and physical needs of individuals and families. The work amongst the young people has been a tremendous blessing and it’s really good to see these young people growing in their faith.

We look forward to continue to Bless our community in the coming year. It’s been a great delight to serve the people in the past and we look forward to supporting the weak and needy in the coming year.

Risk assessment and management

We do not own the buildings where we hold Sunday services. The host churches are responsible for health and fire safety.

Members of the company elect new members who are believed to share our aims. Members of the company elect Directors. Rehabilitation of offenders has not yet been an issue.

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

AT Immaanuveel

Trustees' Report, incorporating the Directors' Report

for the year ended 30 June 2021

Public Benefit

Immaanuveel benefits the public by way of: regular worship that is open to all, the provision of sacred space for personal prayer and contemplation, pastoral work (including the visiting of the sick and the bereaved), teaching Christianity through sermons, courses and small groups, taking school assemblies, promoting the whole mission of the church through its assistance to older people, parents and children, and supporting charities in the UK and overseas.

Financial Review

Results for the year

The results of the period and financial position of the charity are shown in the annexed financial statements.

The Statement of Financial Activities shows net income for the year of £166,690 and reserves of £956,516.

Tangible fixed assets for use by the charity.

Fixed assets are set out in Note 9 to the accounts.

Independent Examiner

The Independent Examiner, Anthony Armstrong FCA of Armstrong & Co, Chartered Accountant and Statutory Auditor, has indicated his willingness to be proposed for re-appointment.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Trustees on 21 March 2022 and signed on its behalf by:

L D Mahendra Trustee

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

AT Immaanuveel

Statement of Trustees' Responsibilities for the year ended 30 June 2021

The trustees (who are the directors of Immaanuveel for the purpose of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006 and charity legislation. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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AT Immaanuveel (A Charity Company Limited by Guarantee, company number 7027521)

Independent Examiner's Report to the Trustees of Immaanuveel

I report on the accounts of Immaanuveel for the period from 1 July 2020 to 30 June 2021, which are set out on pages 8 to 16.

This report is made solely to the trustees as a body in accordance with section 145 of the Charities Act 2011 (the Charities Act) and regulations made under section 154 of that Act. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the trustees as a body, for my examination, for this report, or for the opinions I have formed.

Respective responsibilities of trustees and examiner

As described on page 6, the trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the the Charities Act and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention which give me cause to believe that in, any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Anthony Armstrong FCA, Independent Examiner

of Armstrong & Co Chartered Accountants & Statutory Auditor

4a Printing House Yard Hackney Road London E2 7PR

21 March 2022

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

FS Immaanuveel

Statement of Financial Activities

incorporating the income and expenditure account for the year ended 30 June 2021

Notes
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net gains/(losses) on investments
10
Reconciliation of funds:
Total funds brought forward
14
Total funds carried forward
14
Net income/(expenditure) and movement in funds		 2021
2020
Total Funds
Total Funds
£
£
286,971
371,403
1,712
43,267
3,000
3,041
291,683
417,711
159,993
241,282
159,993
241,282
35,000
10,000
166,690
186,429
789,826
603,397
956,516
789,826
Unrestricted
~~Funds~~		 Restricted Funds
£
109,129
1,712
3,000		 £
177,842
-
-
177,842
10,650
10,650
-
167,192
158,243
325,435
113,841
149,343
149,343
35,000
(502)
631,583
631,081

All incoming resources and resources expended are derived from continuing activities. There are no gains and losses other than those noted above and therefore no separate statement of total recognised gains and losses has been prepared.

The statement of financial activities incorporates an income and expenditure account.

The accompanying accounting policies and notes form an integral part of these financial statements.

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

Immaanuveel

Statement of Financial Postion as at 30 June 2021

Notes
Fixed assets:
Tangible assets
9
Investments
10
Total fixed assets
Current assets:
Debtors
11
Cash at bank and In hand
12
Total current assets
13
Net current assets/(liabilities)
Total net assets
The funds of the charity:
Restricted income funds
16
Unrestricted funds
14
Revaluation reserve
10
Total charity funds
18
Creditors: amounts falling due within one year		 £
£
£
£
400
542
460,000
425,000
460,400
425,542
-
200
497,317
367,684
497,317
367,884
1,201
3,600
496,116
364,284
956,516
789,826
325,435
158,243
311,761
327,263
319,320
304,320
956,516
789,826
30 June 2021
30 June 2020		 £
£
£
£
400
542
460,000
425,000
460,400
425,542
-
200
497,317
367,684
497,317
367,884
1,201
3,600
496,116
364,284
956,516
789,826
325,435
158,243
311,761
327,263
319,320
304,320
956,516
789,826
30 June 2021
30 June 2020
£
-
497,317
497,317
1,201		 £
542
425,000
425,542
364,284
789,826
158,243
327,263
304,320
789,826

The directors are satisfied that the company is entitled to exemption from audit under Section 477 of the Companies Act 2006 and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

(i) ensuring that the company keeps proper accounting records which comply with Section 386 of the Companies Act 2006; and

(ii) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of the financial year and of its surplus or deficit for the financial year in accordance with the requirements of Section 394 and 395 of the Companies Act 2006, and which otherwise comply with the requirements of this act relating to accounts, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard 102.

The financial statements were approved by the Board of Trustees on 21 March 2022 and signed on its behalf by:

L D Mahendra Trustee

The notes on pages 11 to 16 form part of these accounts.

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

Immaanuveel

Statement of Cash Flows for the year ended 30 June 2021

Notes
Cash flows from operating activities:
Net cash provided by/(used in) operating activities
1
Cash flows from investing activities:
Dividends, interest and rents from investments
Net cash provided by/(used in) investing activities
Cash flows from financing activities:
Repayments of borrowing
Net cash provided by/(used in) financiang activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
2
Cash and cash equivalents at the end of the reporting period
2
Notes to the Cash Flow Statement
1)
Adjustments for:
Depreciation charges
(Gains)/losses on investments
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities
2)
Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents
Reconciliation of net income/(expenditure) to net cash flow from
operating activities
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)		 2021
£
126,633
3,000
3,000
-
-
129,633
367,684
497,317
2021
£
166,690
142
(35,000)
(3,000)
200
(2,399)
126,633
2021
£
497,317
497,317		 2020
£
173,507
3,041
3,041
(6,301)
(6,301)
170,247
197,437
367,684
2020
£
186,429
195
(10,000)
(3,041)
-
(77)
173,507
2020
£
367,684
367,684

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

Immaanuveel

Accounting Policies

for the year ended 30 June 2021

Basis of preparation

The financial statements have been prepared in accordance with:

Public benefit entity

The charitable company meets the defination of a public benefit entity under FRS 102.

Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue to operate and accordingly the accounts have been prepared on a going concern basis.

Income recognition

Income is recognised when the charity has a contractual or other right to its receipt, it is probable that the income will be received and that the amount can be measured reliably. Income with conditions attached to its receipt is recognised when those conditions have been fulfilled.

Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis.

The income from trading activities include rental income from the letting of church premises and freehold land and buildings which is accounted for when earned. It is shown gross, with the associated costs included in fundraising costs.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The charity is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Expenditure included in Raising Funds includes amounts incurred in obtaining grants and other donations and property maintenance costs.

Charitable expenditure includes those costs in fulfilling the charity’s principal objects, as outlined in the Report of the charity. These include grants payable, governance costs and an apportionment of support costs.

Restricted Funds

Restricted funds are to be used for specified purposes as laid down by the funder. Direct and support expenditure which meets these criteria are identified to the fund together with a fair allocation of other costs.

Unrestricted Funds

Unrestricted funds are funds received which have no restrictions placed on their use and are available as general funds.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

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(A Charity Company Limited by Guarantee, company number 7027521)

Immaanuveel

Accounting Policies

for the year ended 30 June 2021

Pensions

The charity operates defined contribution schemes which are administered by outside independent pensions providers. Contributions payable for the year are charged to the Statement of Financial Activities.

Tangible Fixed Assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture & fixtures - 25% WDV Investment property - No depreciation on investment property

Fixed Assets Investments

Fixed assets held for investment purposes are not depreciated. Under SORP 2015 (FRS102), investment properties are measured initially at cost and subsequently at fair value at the reporting date.

Investments are shown in the balance sheet at closing market value. Surpluses or deficits on valuation are credited or charged to the statement of financial activities.

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Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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(A Charity Company Limited by Guarantee, company number 7027521)

Notes to the Accounts for the year ended 30 June 2021

Immaanuveel

1 Incoming resources

The incoming resources and surplus are attributable to the principal activities of the charity.

2 Net incoming resources
Net incoming resources
Net incoming resources are stated after charging:
Independent Examiner's fees - reporting service
Depreciation - owned assets
Trustees' emoluments		 2021
£
960
142
-		 2020
£
1,800
195
-

Trustees' emoluments

Emoluments include salaries, fees, bonuses, expense allowances and estimated non-cash benefits receivable. All trustees serve in a voluntary capacity and do not receive payment for their services.

3
Income from donations and legacies
Offerings
Envelope scheme
Stewardship (primary gift)
Donations
Donations - Building fund
4
Income from charitable activities
Special offerings
Sunday school
Outings & refreshments
5
Income from investments
Interest earned
Rent received
`
6
Expenditure on charitable activities
Stipends
Special fellowship activities
Donations & gifts
Evangelism
Sunday school & outreach activities
Bible school & training
Outing & refreshments
Special Events
Premises & other running costs
Depreciation
Support costs (see note 7 below)		 Unrestricted
£
18,829
25,234
65,066
-
-
109,129
Unrestricted
£
1,137
575
-
1,712
Unrestricted
£
-
3,000
3,000
Unrestricted
£
42,744
-
64,707
697
-
884
727
2,368
9,820
142
27,254
149,343		 Restricted
£
-
-
-
12,982
164,860
177,842
Restricted
£
-
-
-
-
Restricted
£
-
-
-
Restricted
£
-
-
10,650
-
-
-
-
-
-
-
-
10,650		 2021
Total
£
18,829
25,234
65,066
12,982
164,860
286,971
2021
Total
£
1,137
575
-
1,712
2021
Total
£
-
3,000
3,000
2021
Total
£
42,744
-
75,357
697
-
884
727
2,368
9,820
142
27,254
159,993		 2020
Total
£
46,908
54,227
105,481
27,025
137,762
371,403
2020
Total
£
19,780
2,042
21,445
43,267
2020
Total
£
41
3,000
3,041
2020
Total
£
79,072
32,998
44,464
1,708
1,012
3,200
2,495
-
44,326
195
31,812
241,282

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Immaanuveel (A Charity Company Limited by Guarantee, company number 7027521)

Notes to the Accounts

for the year ended 30 June 2021

7
8
9
**10 **		 2021
2020
Support costs
Unrestricted
Restricted
Total
Total
£
£
£
£
Motor & travelling expenses
12,073
-
12,073
18,391
Telephone
1,620
-
1,620
2,809
Administrative charges
12,601
-
12,601
8,710
Independent examiner's fees
960
-
960
1,800
Mortgage interest
-
-
-
102
27,254
-
27,254
31,812
Remuneration of the Leadership Team
2021
2020
Members of the Leadership Team received stipends during the year as follows:
£
£
Stipends:
Salaries (Including Ni contributions and pensions)
42,744
79,072
42,744
79,072
Employees paid in excess of £60,000 during the current year and previous year:
None
None
Tangible fixed assets
Tangible 1
Tangible 2
Tangible 3
Tangible 4
Furniture &
Total
£
£
£
£
£
£
Cost
As at 1 July 2020
-
-
-
-
11,058
11,058
As at 30 June 2021
-
-
-
-
11,058
11,058
Depreciation
As at 1 July 2020
-
-
-
-
10,516
10,516
Charge for the year
-
-
-
-
142
142
As at 30 June 2021
-
-
-
-
10,658
10,658
Net book value
As at 30 June 2021
-
-
-
-
400
400
As at 30 June 2020
-
-
-
-
542
542
Investments
#N/A
Investment
property
Total
£
£
£
Market value
As at 1 July 2020
-
425,000
425,000
Revaluations
-
35,000
35,000
As at 30 June 2021
-
460,000
460,000
No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 30 June 2021 nor to		 2021
2020
Support costs
Unrestricted
Restricted
Total
Total
£
£
£
£
Motor & travelling expenses
12,073
-
12,073
18,391
Telephone
1,620
-
1,620
2,809
Administrative charges
12,601
-
12,601
8,710
Independent examiner's fees
960
-
960
1,800
Mortgage interest
-
-
-
102
27,254
-
27,254
31,812
Remuneration of the Leadership Team
2021
2020
Members of the Leadership Team received stipends during the year as follows:
£
£
Stipends:
Salaries (Including Ni contributions and pensions)
42,744
79,072
42,744
79,072
Employees paid in excess of £60,000 during the current year and previous year:
None
None
Tangible fixed assets
Tangible 1
Tangible 2
Tangible 3
Tangible 4
Furniture &
Total
£
£
£
£
£
£
Cost
As at 1 July 2020
-
-
-
-
11,058
11,058
As at 30 June 2021
-
-
-
-
11,058
11,058
Depreciation
As at 1 July 2020
-
-
-
-
10,516
10,516
Charge for the year
-
-
-
-
142
142
As at 30 June 2021
-
-
-
-
10,658
10,658
Net book value
As at 30 June 2021
-
-
-
-
400
400
As at 30 June 2020
-
-
-
-
542
542
Investments
#N/A
Investment
property
Total
£
£
£
Market value
As at 1 July 2020
-
425,000
425,000
Revaluations
-
35,000
35,000
As at 30 June 2021
-
460,000
460,000
No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 30 June 2021 nor to		 2020
Total
£
18,391
2,809
8,710
1,800
102
31,812
2020
£
79,072
79,072
Total
£
11,058
11,058
10,516
142
10,658
400
542
Total
£
425,000
35,000
460,000
Investment property The investment property is situated in Berkeley Road, London E12. It was transferred from
functional fixed assets in May 2014 as it is now used as a rental property to generate
investment income. As required by the Charity SORP 2015 (FRS102), as an investment
property it was revalued at the balance sheet date on 30 June 2021. The valuation made by
the Trustees was based on the value of similar properties in Berkeley Road that had been
sold in the recent past and the indicative value obtained from other online research. There
are no known restrictions on the ability to realise the investment property, nor on the right to
the rental income or the proceeds on any sale.

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(A Charity Company Limited by Guarantee, company number 7027521)

Immaanuveel

Notes to the Accounts

for the year ended 30 June 2021

11 Debtors: amounts falling due within one year

11
12
13
14
15
16
**17 **		 Debtors: amounts falling due within one year
Hardship loan
Bank and cash in hand
Reliance bank a/c *7802
Reliance bank a/c 6325
Reliance bank a/c 6666
Barclays bank a/c 7115
Reliance Bank ECF Manor Park
Reliance Bank ECF Walthamstow
Barclays bank a/c 5959
*Creditors: amounts falling due within one year
Accruals
The funds of the charity: current year
Restricted funds
Restricted income funds
Unrestricted funds
General funds
Revaluation reserve
Total unrestricted funds
The funds of the charity: prior year
Restricted funds
Restricted income funds
Unrestricted funds
General funds
Revaluation reserve
Total unrestricted funds
Restricted funds: current period
Building fund
Tamil Church
Restricted funds: prior period
Building fund
Tamil Church		 Opening
balance
£
158,243
327,263
304,320
631,583
789,826
Opening
balance
£
20,384
293,692
289,320
583,012
603,396
Opening
balance
£
137,762
20,481
158,243
Opening
balance
£
-
20,384
20,384		 Resources
arising
£
177,842
113,841
-
113,841
291,683
Resources
arising
£
148,862
268,848
-
268,848
417,710
Incoming
resources
£
164,860
12,982
177,842
Incoming
resources
£
137,762
11,100
148,862		 Resources
utilised
£
(10,650)
(149,343)
-
(149,343)
(159,993)
Resources
utilised
£
(11,003)
(230,278)
-
(230,278)
(241,281)
Resources
expended
£
-
10,650
10,650
Resources
expended
£
-
11,003
11,003		 2021
£
-
-
2021
£
7,894
91
22,814
-
466,518
-
-
497,317
2021
£
1,201
1,201
Other
movements
£
-
20,000
15,000
35,000
35,000
Other
movements
£
-
(5,000)
15,000
10,000
10,000
Transfers &
gains/(losse
£
-
-
-
Transfers &
gains/(losse
£
-
-
-		 2020
£
200
200
2020
£
7,603
101
20,483
27,057
280,847
13,943
17,650
367,684
2020
£
3,600
3,600
Closing
balance
£
325,435
311,761
319,320
631,081
956,516
Closing
balance
£
158,243
327,262
304,320
631,582
789,825
Closing
balance
£
302,622
22,813
325,435
Closing
balance
£
137,762
20,481
158,243

Page 15

Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

Page 15 of 17

(A Charity Company Limited by Guarantee, company number 7027521)

Immaanuveel

Notes to the Accounts

for the year ended 30 June 2021

Restricted funds (continued)

Projects financed by restricted funds are supported by unrestricted funding where necessary. This occurs where the funding is in arrears or the incidence of expenditure on the project occurs disproportionately at the beginning of the project compared to the income flows. Where restricted projects end the year with a deficit, this is met by after year-end restricted income or transfers from unrestricted funds.

from unrestricted funds.
Building fund Funds raised towardspurcahse of new buildingfor the church.
Tamil Church Various restricted funds. See Appendix 1 for full details.
18 Net assets attributable to funds: current period
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds
19 Net assets attributable to funds: prior period
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds		 General
funds
460,400
171,882
(1,201)
631,081
General
funds
425,542
209,641
(3,600)
631,583		 Designated
funds
£
-
-
-
-
Designated
funds
£
-
-
-
-		 Restricted
funds
£
-
325,435
-
325,435
Restricted
funds
£
-
158,243
-
158,243		 Endowment
funds
£
-
-
-
-
Endowment
funds
£
-
-
-
-		 Total
£
460,400
497,317
(1,201)
956,516
Total
£
425,542
367,884
(3,600)
789,826

20 Taxation

The company is a registered charity. Accordingly, it is exempt from taxation in respect of income and capital gains to the extent that these are applied to its charitable objects.

21 Post balance sheet events

There were no significant post balance sheet events.

22 Contingent liabilities

Except as disclosed elsewhere in the Pensions accounting policy note, the charitable company had no material contingent liabilities at 30 June 2021 nor at 30 June 2020.

23 Related parties

There were no disclosable related party transactions during the year.

24 Transactions with trustees

There were no material transactions with the trustees during the year.

25 Gifts in kind and volunteers

During the year the charitable company benefited from unpaid work performed by volunteers.

26 Company status

The company is limited by guarantee and has no share capital. The guarantors liability in the event the company is wound up is restricted to a maximum of £1 each.

Page 16

Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

Page 16 of 17

(A Charity Company Limited by Guarantee, company number 7027521)

Immaanuveel

Appendix 1 - Tamil Church Restricted Funds for the year ended 30 June 2021

Fund Names B/fwd
1 Jul 20		 Incoming
Resources
Outgoing
Resources
Transfers		 C/fwd
30 Jun 21
Total Total Total
Camps:
Girls' camp 95 - - - 95
Young Adults' camp 1,411 - - - 1,411
Ministries - -
Indian 2,008 1,453 - - 3,461
Sis Joyce ministries 7 - - - 7
David Ministries 4 - - 4
Individual in need :
Students' Support Fund 46 - 10 - 36
General fund 437 - - - 437
Monthly gift 11,237 5,086 2,224 - 14,100
Special Fund :
P.A. Desk (Manor Park) 339 - - - 339
One-off payment gifts 1,996 5,456 6,750 - 702
Sis Rani- Project 1 - - - 1
Br Ebbi - 866 866 -
Other Church funds:
llford 200 120 - - 320
Walthamstow 1,200 - 800 400
ECF-MP 1,500 - - - 1,500
Total 20,481 12,982 10,650 - 22,813

Page 17

Document Ref: ABQB8-WKY9T-GQFXL-LUQCY

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