_**Company number: 7027521 Charity number: 1132782**_
**----- Start of picture text -----**
Immaanuveel
(A Charity Company Limited by Guarantee, company number 7027521)
Financial Statements
and
Trustees' Report
for the year ended 30 June 2024
**----- End of picture text -----**
> AT **Immaanuveel**
**(A Charity Company Limited by Guarantee, company number 7027521)**
**Index to the Financial Statements for the year ended 30 June 2024**
||**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**|
Page 2
**(A Charity Company Limited by Guarantee, company number 7027521)**
## AT **Immaanuveel**
## **Charitable company Information**
## **for the year ended 30 June 2024**
|**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|- Resigned 29 September 2023|
|**during the year:**|S D Karunyanesan|- Resigned 29 September 2023|
||S R Solomon|- Appointed 29 September 2023|
||M Johnson|- Appointed 29 September 2023|
||D Duraipandian|- Appointed 29 September 2023|
|**Chair:**|S R Solomon||
|**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||
Page 3
Immaanuveel
IA Charity Company Limited by Guarnntee. company number 7027521
Trustees. Report, incorporating the Directors. Report
for the year ended 30 June 2024
The Trustees of Immaanuveel present their report together wth the finanryal statements for the year ended 30 June 2024.
Aims of the Church
The main charitable objects of Immaanuveel are to provide opportunities for worship and pastoral Ca to Tamil speaking Christ18n
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 Mana
ement
Goveming 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 Assoaation which established the objects and powers of the
company and is governed under its Articles of Assoaabon. In the event of the company being wound up members are required to
contribute an amount not exedIng £1 each.
Trustees
The Trustees of the charity who held Offi 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 lo the group treasurer. Income and
expenditure statements are also managed separately by the churches.
Review and Report of the year
The result of the period and the financial position of the charity are presented financial attached statement
During the finanaal year, Sunday offerings continued to increase, and the regular envelope scheme grew by 680/0 vthich has meant
the over811 income for the charity has increased by 13Yts.
However, the expenditure compared to the previous year has increased by 421AJ due to higher staff cost and one-off expenses, as
a result the surplus for the year reduced to £10.017 {last year £21.8081.
The closing bank balan has increased to £528.489 primarily due to interest received from the building fund deposit accounL
We thank God for our members, continued generosity.
The church has continued its activib'es and ministries amongst mainly the Tamil -speaking communities from India and Sri Lanka.
The work among the young people has been a tremendous blessing, and it is truly encouraging to see them growng in their faith.
We thank God for our workets, both paid and unpaid, for their tireless work in meeting the emotional and physical needs of
individu81 and families.
We look forward to continuing to Bless our communty in the coming year.
It has been a great joy lo serve the people in the past. and we eagerly antiapale doing the same in the year ahead.
Post Balance Sheet Event
In January 2025, the charity purchased a property kno% as Salvab'on Amy Building located at 42 Wakefield Street London E6 for
the church as a pemianent pla of worship for the pricE of £880.OCM). The church is currently undertaking some refurt)ishment
work and wll move into the new building in June.
We thank God for His gra and faithfulness for enabling the charity to acquire its own pemianent place of worship.
Risk assessment and management
The church continues to hold services and ath'vities at St Pauls Burges Road, and all health and safety relating to the building are
managed by Sl Paul's church.
The church follows its own safeguarding guidance and policies. which are overseen by trained volunteers.
Page 4
**(A Charity Company Limited by Guarantee, company number 7027521)**
## AT **Immaanuveel**
## **Trustees' Report, incorporating the Directors' Report**
## **for the year ended 30 June 2024**
## **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 £10,017 and reserves of £1,017,448.
## **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 4 April 2025 and signed on its behalf by:
## **S R Solomon Trustee**
Page 5
**(A Charity Company Limited by Guarantee, company number 7027521)**
## AT **Immaanuveel**
## **Statement of Trustees' Responsibilities**
## **for the year ended 30 June 2024**
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:
- a) Select suitable accounting policies and apply them consistently;
- b) Observe the methods and principles in the Charities SORP;
- c) Make judgements and estimates that are reasonable and prudent;
- d) Follow applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the accounts;
- e) Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charitable company will continue in operation.
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.
Page 6
**(A Charity Company Limited by Guarantee, company number 7027521)**
## AT **Immaanuveel**
## **Independent Examiner's Report to the Trustees of Immaanuveel**
I report on the accounts of Immaanuveel for the period from 1 July 2023 to 30 June 2024, 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.
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:
- a) examine the accounts under section 145 of the Charities Act;
- b) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
- c) to state whether particular matters have come to my attention.
## **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:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006 Act, or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination, or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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**
**4 April 2025**
Page 7
## FS **Immaanuveel**
## **(A Charity Company Limited by Guarantee, company number 7027521)**
## **Statement of Financial Activities**
## _**incorporating the income and expenditure account**_
## **for the year ended 30 June 2024**
|**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
12
**Total funds carried forward**
12
**Net income/(expenditure) and movement in funds**|||**2024**
**Total Funds**
£
96,825
4,864
8,410
**110,099**
120,082
**120,082**
20,000
10,017
1,007,431
**1,017,448**|**2023**|
|---|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted Funds**||**Total Funds**|
||£
94,193
4,864
8,410|£
2,632
-
-
**2,632**
5,726
**5,726**
-
(3,094)
326,718
**323,624**||£
94,681
4,018
1,812|
||**107,467**|||**100,511**|
||114,356|||88,703|
||**114,356**|||**88,703**|
||20,000|||10,000|
||13,111
680,713|||21,808
985,623|
||**693,824**|||**1,007,431**|
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.
Page 8
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Statement of Financial Postion**
## **as at 30 June 2024**
||**30 June 2024**|**30 June 2024**|**30 June 2023**|**30 June 2023**|
|---|---|---|---|---|
|**Notes**
**Fixed assets:**
Tangible assets
9
Investments
10|£|£
161
490,000|£|£
218
470,000|
|**Total fixed assets**
**Current assets:**
Cash at bank and In hand
11|528,489|490,161|538,415|470,218|
|**Total current assets**
11
**Creditors: amounts falling due within one year**|528,489
1,202||538,415
1,202||
|**Net current assets/(liabilities)**||527,287||537,213|
|**Total net assets**||1,017,448||1,007,431|
|**The funds of the charity:**
Restricted income funds
14
Unrestricted funds
12
Revaluation reserve
10||323,624
329,504
364,320||326,718
336,393
344,320|
|**Total charity funds**
16||1,017,448||1,007,431|
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 4 April 2025 and signed on its behalf by:**
**S R Solomon Trustee**
_**The notes on pages 11 to 16 form part of these accounts.**_
Page 9
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Statement of Cash Flows**
## **for the year ended 30 June 2024**
|**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**
**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 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)|**2024**
£
(18,336)
8,410
8,410
(9,926)
538,415
**528,489**
**2024**
£
10,017
57
(20,000)
(8,410)
(1)
**(18,336)**
**2024**
£
528,489
**528,489**|**2023**
£
10,075|
|---|---|---|
|||1,812|
|||1,812|
|||11,887
526,528|
|||**538,415**
**2023**
£
21,808
77
(10,000)
(1,812)
(1)|
|||**10,075**|
|||**2023**
£
538,415|
|||**538,415**|
Page 10
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Accounting Policies for the year ended 30 June 2024**
## **Basis of preparation**
The financial statements have been prepared in accordance with:
- a) Applicable UK accounting standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)'.
- b) 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 (FRS 102) (effective 1 January 2015) - (Charities SORP FRS 102);
- c) the Companies Act 2006.
- d) the Charities Act 2011.
## **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.
charity. These include grants payable, governance costs and an apportionment of support costs.
- unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the charity.
- Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.
- Rentals under operating leases are charged as incurred over the term of the lease.
## **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.
Page 11
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Accounting Policies**
**for the year ended 30 June 2024**
## **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.
Page 12
> F **Immaanuveel**
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Notes to the Accounts**
## **for the year ended 30 June 2024**
## **1 Incoming resources**
The incoming resources and surplus are attributable to the principal activities of the charity.
|**2**
**Net incoming resources**
_Net incoming resources are stated after charging:_
Independent Examiner's fees - reporting service
Depreciation - owned assets
**Trustees' emoluments**|**2024**
£
1,200
57
-|**2023**
£
1,200
77
-|
|---|---|---|
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.
|**Income from donations and legacies**
Offerings
Envelope scheme
Stewardship (primary gift)
Donations|**Unrestricted**
£
31,765
27,258
35,170
-
94,193|**Restricted**
£
-
-
-
2,632
2,632|**2024**
**Total**
£
31,765
27,258
35,170
2,632
96,825|**2023**
**Total**
£
25,762
16,584
44,366
7,969|
|---|---|---|---|---|
|||||94,681|
- **3 Income from donations and legacies**
|**Income from charitable activities**
Special offerings
Sunday school
Bibles & books|**Unrestricted**
£
1,640
3,224
-
4,864|**Restricted**
£
-
-
-
-|**2024**
**Total**
£
1,640
3,224
-
4,864|**2023**
**Total**
£
1,662
2,056
300|
|---|---|---|---|---|
|||||4,018|
- **4 Income from charitable activities**
|**5**
**Income from investments**
Interest earned
`|**Unrestricted**
£
8,410
8,410|**Restricted**
£
-
-|**2024**
**Total**
£
8,410
8,410|**2023**
**Total**
£
1,812|
|---|---|---|---|---|
|||||1,812|
|**Expenditure on charitable activities**
Stipends
Special fellowship activities
Donations & gifts
Evangelism
Sunday school & outreach activities
Bible school & training
Outing & refreshments
Youth activities
Special Events
Premises & other running costs
Depreciation
Support costs (see note 7 below)|**Unrestricted**
£
30,549
21,862
750
439
277
561
2,987
833
-
38,846
57
17,195
114,356|**Restricted**
£
-
-
5,726
-
-
-
-
-
-
-
-
-
5,726|**2024**
**2023**
**Total**
**Total**
£
£
30,549
18,526
21,862
15,065
6,476
11,489
439
144
277
406
561
269
2,987
1,116
833
144
-
1,650
38,846
28,786
57
77
17,195
11,031
120,082
88,703|
|---|---|---|---|
- **6 Expenditure on charitable activities**
Page 13
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Notes to the Accounts**
## **for the year ended 30 June 2024**
|**7**
**8**
**9**
**10 **|**2024**
**Support costs**
**Unrestricted**
**Restricted**
**Total**
£
£
£
Motor & travelling expenses
9,371
-
9,371
Telephone
317
-
317
Administrative charges
6,307
-
6,307
Independent examiner's fees
1,200
-
1,200
17,195
-
17,195
**Remuneration of the Leadership Team**
**2024**
Members of the Leadership Team received stipends during the year as follows:
£
Stipends:
Salaries (Including Ni contributions and pensions)
30,549
30,549
Employees paid in excess of £60,000 during the current year and previous year:
None
**Tangible fixed assets**
**Tangible 1**
**Tangible 2**
**Tangible 3**
**Tangible 4**
**Furniture &**
**fixtures**
£
£
£
£
£
**Cost**
As at 1 July 2023
-
-
-
-
11,058
As at 30 June 2024
-
-
-
-
11,058
**Depreciation**
As at 1 July 2023
-
-
-
-
10,840
Charge for the year
-
-
-
-
57
As at 30 June 2024
-
-
-
-
10,897
**Net book value**
As at 30 June 2024
-
-
-
-
161
As at 30 June 2023
-
-
-
-
218
**Investments**
**#N/A**
**Investment**
**property**
£
£
**Market value**
As at 1 July 2023
-
470,000
Revaluations
-
20,000
As at 30 June 2024
-
490,000
No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 30 June|**2024**
**Support costs**
**Unrestricted**
**Restricted**
**Total**
£
£
£
Motor & travelling expenses
9,371
-
9,371
Telephone
317
-
317
Administrative charges
6,307
-
6,307
Independent examiner's fees
1,200
-
1,200
17,195
-
17,195
**Remuneration of the Leadership Team**
**2024**
Members of the Leadership Team received stipends during the year as follows:
£
Stipends:
Salaries (Including Ni contributions and pensions)
30,549
30,549
Employees paid in excess of £60,000 during the current year and previous year:
None
**Tangible fixed assets**
**Tangible 1**
**Tangible 2**
**Tangible 3**
**Tangible 4**
**Furniture &**
**fixtures**
£
£
£
£
£
**Cost**
As at 1 July 2023
-
-
-
-
11,058
As at 30 June 2024
-
-
-
-
11,058
**Depreciation**
As at 1 July 2023
-
-
-
-
10,840
Charge for the year
-
-
-
-
57
As at 30 June 2024
-
-
-
-
10,897
**Net book value**
As at 30 June 2024
-
-
-
-
161
As at 30 June 2023
-
-
-
-
218
**Investments**
**#N/A**
**Investment**
**property**
£
£
**Market value**
As at 1 July 2023
-
470,000
Revaluations
-
20,000
As at 30 June 2024
-
490,000
No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 30 June|**2023**
**Total**
£
6,410
262
3,159
1,200|
|---|---|---|---|
||||11,031
**2023**
£
18,256|
||||18,256
None
**Total**
£
11,058
2024 nor to|
||||11,058
10,840
57|
||||10,897
161
218
**Total**
£
470,000
20,000|
||||490,000|
||**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 2022. The valuation made by
the Trustees was based on a professional valuation carried out in November 2024. 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.||
Page 14
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Notes to the Accounts**
**for the year ended 30 June 2024**
## **11 Creditors: amounts falling due within one year**
|**11 **
**12 **
**13 **
**14 **
**15 **|**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**
£
326,718
336,393
344,320
680,713
1,007,431
**Opening**
**balance**
£
329,588
321,715
334,320
656,035
985,623
**Opening**
**balance**
£
302,622
24,096
326,718
**Opening**
**balance**
£
302,622
26,966
329,588|**Resources**
**arising**
£
2,632
107,467
-
107,467
110,099
**Resources**
**arising**
£
7,969
92,542
-
92,542
100,511
**Incoming**
**resources**
£
-
2,632
2,632
**Incoming**
**resources**
£
-
7,969
7,969|**Resources**
**utilised**
£
(5,726)
(114,356)
-
(114,356)
(120,082)
**Resources**
**utilised**
£
(10,839)
(77,864)
-
(77,864)
(88,703)
**Resources**
**expended**
£
-
5,726
5,726
**Resources**
**expended**
£
-
10,839
10,839|**2024**
£
1,202
1,202
**Other**
**movements**
£
-
-
20,000
20,000
20,000
**Other**
**movements**
£
-
-
10,000
10,000
10,000
**Transfers &**
**gains/(losse**
£
-
-
-
**Transfers &**
**gains/(losse**
£
-
-
-|**2023**
£
1,202|
|---|---|---|---|---|---|---|
|||||||1,202
**Closing**
**balance**
£
323,624
329,504
364,320|
|||||||693,824|
||||||||
|||||||1,017,448
**Closing**
**balance**
£
326,718
336,393
344,320|
|||||||680,713|
||||||||
|||||||1,007,431
**Closing**
**balance**
£
302,622
21,002|
|||||||323,624
**Closing**
**balance**
£
302,622
24,096|
|||||||326,718|
## **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.
**Building fund** Funds raised towards purcahse of new building for the church. **Tamil Church** Various restricted funds. See Appendix 1 for full details.
Page 15
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Notes to the Accounts**
**for the year ended 30 June 2024**
|**16 Net assets attributable to funds: current period**
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds
**17 Net assets attributable to funds: prior period**
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds|**General**
**funds**
490,162
204,865
(1,203)
693,824
**General**
**funds**
470,218
211,697
(1,202)
680,713|**Designated**
**funds**
£
-
-
-
-
**Designated**
**funds**
£
-
-
-
-|**Restricted**
**funds**
£
-
323,624
-
323,624
**Restricted**
**funds**
£
-
326,718
-
326,718|**Endowment**
**funds**
£
-
-
-
-
**Endowment**
**funds**
£
-
-
-
-|**Total**
£
490,162
528,489
(1,203)|
|---|---|---|---|---|---|
||||||1,017,448
**Total**
£
470,218
538,415
(1,202)|
||||||1,007,431|
## **18 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.
## **19 Contingent liabilities**
Except as disclosed elsewhere in the Pensions accounting policy note, the charitable company had no material contingent liabilities at 30 June 2024 nor at 30 June 2023.
## **20 Related parties**
There were no disclosable related party transactions during the year.
## **21 Transactions with trustees**
There were no material transactions with the trustees during the year.
## **22 Gifts in kind and volunteers**
During the year the charitable company benefited from unpaid work performed by volunteers.
## **23 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
**(A Charity Company Limited by Guarantee, company number 7027521)**
## **Immaanuveel**
## **Appendix 1 - Tamil Church Restricted Funds**
## **for the year ended 30 June 2024**
**----- Start of picture text -----**
Incoming Outgoing
B/fwd Transfers C/fwd
Resources Resources
Fund Names 1 Jul 23 Total Total Total 30 Jun 24
Camps:
Girls' camp 95 - 95 - -
Young Adults' camp 1,411 - 1,411 - -
Ministries - -
Indian 4,073 483 - - 4,557
Sis Joyce ministries - - - - -
David Ministries - - - -
Individual in need :
Students' Support Fund 36 - - - 36
General fund 437 - - - 437
Monthly gift 14,641 2,149 1,980 - 14,809
Special Fund :
P.A. Desk (Manor Park) 339 - 339 - -
One-off payment gifts 684 - - - 684
Sis Rani- Project - - - - -
Br Ebbi - - - -
Other Church funds:
Ilford- Nehemiah Mission 480 - - - 480
JRPO- Funds 400 - 400 -
ECF-MP 1,500 - 1,500 - -
Total 24,096 2,632 5,726 - 21,002
**----- End of picture text -----**
Page 17