## 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**
1
## 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.
2
## 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.
3
## 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)
4
## 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
5
## 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|
|---|---|---|---|
6
## 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)
7
## 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.
8
## 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.
9
## 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.
10