The Immanuel Project
Charity number 1152419
Annual Report and Financial Statements
for the year ended 31 December 2022
The Immanuel Project
Annual Report and Financial Statements for the year ended 31 December 2022
| Contents | Page |
|---|---|
| Trustees' report | 2 to 4 |
| Examiner's report | 5 |
| Receipts and payments account | 6 |
| Statement of assets and liabilities | 7 |
| Notes to the accounts | 8 to 10 |
Prepared by West Yorkshire Community Accountancy Service CIO
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The Immanuel Project
Trustees' report for the year ended 31 December 2022
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Janet Bannister Chair Brian Noble John Bottomley Anthony Chapman Sarah Hutchinson Appointed 7 February 2023 Charity number 1152419 Registered in England and Wales Registered and principal address Bankers Middleton House Virgin Money 16 Middleton Avenue 10 Kirkgate Ilkley Otley West Yorkshire LS21 3HJ LS29 0AH
Independent examiner
Rhys North ACA West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is governed by a deed of governance adopted on 15 April 2013 as amended on the 15 September 2014.
Method of recruitment and appointment of trustees
New trustees are appointed by a resolution of the trustees passed at a special meeting.
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The Immanuel Project
Trustees' report (continued) for the year ended 31 December 2022
Objectives and activities
The charity's objects
The relief of those in need by running a Christian faith based drop in centre to provide meals, care and support, in particular but not exclusively for the homeless or others suffering loss, pain, addiction and abuse.
The charity's main activities
Based in our Community Hub in the Bradford city centre, we offer a safe and secure environment to those in our community who are most in need. We provide meals, clothing, physical, health, emotional and pastoral care. In addition our Outreach support, includes outdoor activities and experiences, home and hospital visits. All our activities are designed to improve the confidence and wellbeing of the most vulnerable in our community.
Public benefit statement
In setting our objectives and planning our activities, the trustees have given serious consideration to the Charity Commission's general guidance on public benefit and in particular the help and support of vulnerable members of our community including the homeless, those with life controlling issues, fallen on hard times, requiring help with mental illness or with substance and alcohol dependencies.
Achievements and performance
The Immanuel Project continued to help support the needs of our guests in 2022. We were able to return to a more normal operation following Covid-19, which allowed our guests to make more use of our building, providing breakfast, hot lunches, snacks, teas and coffee, plus practical and pastoral support to those in our community who are in most need. Guest numbers using our services have risen from c.275 a week in 2021 to c.400 a week by the end of 2022.
Our team of dedicated and caring volunteers plus our strong links with local government agencies and other likeminded charities enables us to help or signpost our guests to the most appropriate place for their needs. Our volunteers are supported by four experienced part time staff to help with the practical cooking, serving and running of the charity. Between them they provide excellent in house and outreach support with their administrative, organisational and mental health training, benefiting all involved with the charity.
Our aim as always is to continue to serve and support the homeless and vulnerable members of our community. To be there for them at all times, no matter how tough - and in many cases when no one else is.
As we look ahead, we are really excited to have learnt in February 2023 that the National Lottery has chosen to financially support The Immanuel Project for a further five years. This brings great stability to the charity, but more importantly to our guests in Bradford. The Immanuel Project has now employed a full time Operations Manager, whose focus will be to extend our offering and be available to serve our guests for more days each week.
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The Immanuel Project
Trustees' report (continued) for the year ended 31 December 2022
Financial review
The charity's net receipts for the year was £24,447. Unrestricted funds saw net receipts of £48,421 whereas restricted funds had net payments of £23,974.
Like many individuals, charities and businesses up and down the country, the Covid-19 pandemic has adversely affected the work of The Immanuel Project particularly during 2020 and 2021. However, by the end of March 2022, all restrictions had been lifted which allowed The Immanuel Project to open up our building more for the use of our guests whilst still ensuring we continue to operate safely.
At the time of signing these accounts, whilst recognising the challenge of the pandemic which now look behind us, the trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity's ability to meet its liabilities as they fall due.
Reserves policy
The charity's free reserves, at the year end were £102,513.
Reserves comprise The Immanuel Project’s unrestricted funds that are freely available to spend on any of our charity’s purposes.
The Immanuel Project seeks to maintain between 6 and 12 months expenditure in reserves at all times, made up of the following items:
Unforeseen emergency costs
Unforeseen day-to-day operational costs
Provision for non renewal of a source of income
The need to fund short-term deficits in a cash budget
The reserves amount will be reviewed and approved by the Trustees at least annually.
Based on budgeted 2023 expenditure the target level of unrestricted reserves is between £37,000 and £74,000.
The trustees have agreed that whilst actual reserves exceed the upper reserves target the charity should continue to act with caution, particularly given it is anticipated that costs not covered by National Lottery funding are forecast to exceed other donated income for the next 1-2 years. As a result the trustees are comfortable holding a higher amount of reserves although will continue to monitor this position.
Approved by the board of trustees on 11/7/2023
Anthony Chapman (Trustee)
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The Immanuel Project
Independent examiner's report to the trustees of The Immanuel Project
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022, which are set out on pages 6 to 10.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records.
I have no concerns and 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.
Rhys North ACA
13/7/2023
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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The Immanuel Project
Receipts and payments account for the year ended 31 December 2022
| Notes 2022 Unrestricted funds £ Receipts Grants and donations (2) 15,877 Fundraising 46,124 Total receipts 62,001 Payments Salaries and NIC 1 Food and wellbeing 9,404 Rent and rates 113 Insurance - Equipment and furniture - Repairs and maintenance - Crockery etc. 2,147 Other costs 532 Christmas and activity costs 56 Cleaning costs 440 Independent examination - New building alterations - Utilities 236 Fund raising costs 355 Transport and other staff costs 238 Telephone and internet costs 58 Total payments 13,580 Net movement in funds 48,421 Fund balances brought forward 54,092 Fund balances carried forward (3) 102,513 |
2022 Restricted funds £ 36,934 - 36,934 37,283 3,968 6,558 850 723 - 950 77 340 - 600 - 8,458 - 550 551 60,908 (23,974) 36,508 12,534 |
2022 Total funds £ 52,811 46,124 98,935 37,284 13,372 6,671 850 723 - 3,097 609 396 440 600 - 8,694 355 788 609 74,488 24,447 90,600 115,047 |
2021 Total funds £ 67,833 15,122 82,955 33,607 7,422 6,617 804 5,213 720 1,915 3,171 276 332 450 11,362 4,443 726 681 - 77,739 5,216 85,384 90,600 |
|---|---|---|---|
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The Immanuel Project
Statement of assets and liabilities
| as at 31 December 2022 2022 Unrestricted £ Cash funds Cash at bank 102,115 Cash in hand 398 Total cash funds 102,513 Debtors and prepayments Debtors - Gift Aid Prepayments - rent and insurance Assets retained for the charity's own use Kitchen equipment Computer equipment Musical equipment Projector and sound system Furniture Liabilities Creditors - Utilites, HMRC and pension Accruals - Independent examination |
2022 Restricted £ 12,534 - 12,534 |
2022 Total £ 114,649 398 115,047 2022 £ 4,244 34 4,278 2022 £ 1,611 600 2,211 |
2021 Total £ 90,590 10 90,600 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 11/7/2023
Anthony Chapman (Trustee)
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The Immanuel Project
Notes to the accounts
for the year ended 31 December 2022
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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The Immanuel Project
Notes to the accounts continued
for the year ended 31 December 2022
| 2 Grants and donations Bradford Metropolitan District Council Bradford South Methodist Circuit Co-op Community Fund Tesco Groundwork UK The Arnold Clark Community Fund National Lottery Community Fund Dacre Son & Hartley Ltd The Neighbourly Foundation The Screwfix Foundation Other donations 3 Restricted funds Balance b/f £ Move for Health 2,033 Happiness Group 35 Co-op Community Fund 10 Arnold Clark 620 Bradford Mental Health Fund 2,964 National Lottery Community Fund 30,846 Bradford South Methodist Circuit - Warm Spaces - Tesco Groundwork UK - 36,508 |
2022 Unrestricted funds £ - - - - 1,000 - - - - 14,877 15,877 Incoming £ - - 213 - - 32,921 550 1,000 2,250 36,934 |
2022 Restricted funds £ 1,000 550 213 2,250 - 32,921 - - - - 36,934 Outgoing £ 2,033 35 223 620 2,964 53,483 550 1,000 - 60,908 |
2022 Total funds £ 1,000 550 213 2,250 1,000 32,921 - - - 14,877 52,811 Transfers £ - - - - - - - - - - |
2021 Total funds £ 4,440 - 4,248 - 1,000 31,121 4,820 5,370 5,000 11,834 67,833 Balance c/f £ - - - - - 10,284 - - 2,250 12,534 |
|---|---|---|---|---|
Fund name Purpose of restriction Move for Health
For wellbeing of guests attending the programme, activity costs and staff costs.
Happiness Group
For improving mental health wellbeing through client engagement, trips and activities.
Co-op Community Fund Arnold Clark Bradford Mental Health Fund
Towards operational costs.
Towards operational costs.
Towards staff costs, gym equipment, arts and craft materials, trips out and food costs
National Lottery Community Fund Bradford South Methodist Circuit Warm Spaces Tesco Groundwork UK
For the Stepping into Light project, salaries and running costs. Towards purchasing a washer dryer.
To fund the heating of our community hub for up to two months. Towards feeding the guests at our community hub.
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The Immanuel Project
Notes to the accounts continued
for the year ended 31 December 2022
4 Related party transactions
Donations from trustees and related parties
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £1,000.
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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