The Imman�el Projec�
Charit� n�mber 1152419
Ann�al Repor� and Financial S�a�emen�� for �he �ear ended 31 December 2023
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The Imman�el Projec�
Ann�al Repor� and Financial S�a�emen�� for �he �ear ended 31 December 2023
| C���e��� | Page |
|---|---|
| Tr�stees' report | 2 to 4 |
| E�aminer's report | 5 |
| Receipts and pa�ments acco�nt | 6 |
| Statement of assets and liabilities | 7 |
| Notes to the acco�nts | 8 to 9 |
P�e�a�ed b� We�� Y����h��e C�������� Acc����a�c� Se���ce CIO
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The Imman�el Projec�
Tr���ee�' repor� for �he �ear ended 31 December 2023
Refe�e�ce a�d ad�������a���e de�a��� �f �he cha����, ��� �����ee� a�d ad������
The tr�stees d�ring the financial �ear and �p to and incl�ding the date the report �as appro�ed �ere: Na�e P������� Da�e� Janet Bannister Chair Brian Noble John Bottomle� Anthon� Chapman Sarah H�tchinson Appointed 7 Febr�ar� 2023 Cha���� ���be� 1152419 Registered in England and Wales Reg���e�ed a�d ����c��a� add�e�� Ba��e�� Middleton Ho�se Virgin Mone� 16 Middleton A�en�e 10 Kirkgate Ilkle� Otle� West Yorkshire LS21 3HJ LS29 0AH
I�de�e�de�� e�a���e�
Rh�s North ACA We�� Y����h��e C�������� Acc����a�c� Se���ce CIO Stringer Ho�se 34 L�pton Street Leeds LS10 2QW
S���c���e, g��e��a�ce a�d �a�age�e��
The charit� is go�erned b� a deed of go�ernance adopted on 15 April 2013 as amended on the 15 September 2014.
Me�h�d �f �ec�����e�� a�d a�������e�� �f �����ee�
Ne� tr�stees are appointed b� a resol�tion of the tr�stees passed at a special meeting.
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The Imman�el Projec�
Tr���ee�' repor� (con�in�ed) for �he �ear ended 31 December 2023
Ob�ec���e� a�d ac������e�
The cha����'� �b�ec��
The relief of those in need b� r�nning a Christian faith based drop in centre to pro�ide meals, care and s�pport, in partic�lar b�t not e�cl�si�el� for the homeless or others s�ffering loss, pain, addiction and ab�se.
The cha����'� �a�� ac������e�
Based in o�r Comm�nit� H�b in the Bradford cit� centre, �e offer a safe and sec�re en�ironment to those in o�r comm�nit� �ho are most in need. We pro�ide meals, clothing, ph�sical, health, emotional and pastoral care. In addition o�r O�treach s�pport, incl�des o�tdoor acti�ities and e�periences, home and hospital �isits. All o�r acti�ities are designed to impro�e the confidence and �ellbeing of the most ��lnerable in o�r comm�nit�.
P�b��c be�ef�� ��a�e�e��
In setting o�r objecti�es and planning o�r acti�ities, the Tr�stees ha�e gi�en serio�s consideration to the Charit� Commission's general g�idance on p�blic benefit and in partic�lar the help and s�pport of ��lnerable members of o�r comm�nit� incl�ding the homeless, those �ith life controlling iss�es, fallen on hard times, req�iring help �ith mental illness or �ith s�bstance and alcohol dependencies.
Ach�e�e�e��� a�d �e�f���a�ce
2023 has been a to�gh time for so man�. The soaring cost of li�ing, high food and energ� inflation, the shortage of accommodation and other dail� life effecting iss�es has hit so man� in so man� �a�s. Not least for o�r g�ests �ho are some of the most ��lnerable or homeless �ithin the Bradford and s�rro�nding districts.
When �e first opened 13 �ears ago, it �as for a co�ple of ho�rs on a Monda� l�nch time, �ith a handf�l of caring �ol�nteers gi�ing food, safe shelter, a kind �ord and a listening ear to a fe� do�en g�ests. Since then, The Imman�el Project has gro�n each �ear and in 2023 �e opened 5 da�s a �eek, Monda� to Frida� �ith g�est n�mbers increasing from aro�nd 400 per �eek in 2022 to o�er 600 per �eek b� the end of the �ear.
D�ring the past �ear o�r staff and �ol�nteers ha�e contin�ed to pro�ide a first class ser�ice. O�r g�ests recei�e hot food, drinks and treats each da�. Help �ith clothing, ho�sehold, toiletries and other �sef�l prod�cts from o�r store. Organising man� interesting and �sef�l acti�ities to help g�ests �ell-being, b�ild their selfesteem and confidence. We do a tremendo�s amo�nt of �ork regarding social iss�es, gi�e practical and pastoral s�pport from o�r e�pert team as �ell as �orking closel� �ith other Bradford based organisations.
O�r aim as al�a�s is to contin�e to ser�e and s�pport the homeless and ��lnerable members of o�r comm�nit�. To be there for them at all times, no matter ho� to�gh - and in man� cases �hen no one else is.
At the beginning of 2023, �e �ere thrilled to learn that the National Lotter� had chosen to financiall� s�pport The Imman�el Project for another fi�e �ears. This has bo�ght great stabilit� to the charit�, b�t more importantl� to o�r g�ests in Bradford. The Imman�el Project no� emplo�s a f�ll time Operations Manager, fo�r part time colleag�es �ho are s�pported b� a team of �ol�nteers, �hose foc�s is to e�tend o�r offering as �e contin�e to meet the gro�ing needs of o�r g�ests.
F��a�c�a� �e��e�
The net e�pendit�re for the �ear �as �8,179, incl�ding net e�pendit�re of �19,291 on �nrestricted f�nds and net receipts of �11,112 on restricted f�nds.
At the time of signing these acco�nts, the tr�stees ha�e reassessed the charit��s abilit� to contin�e for at least 12 months from the date that the acco�nts are appro�ed and concl�de that no material �ncertainties e�ist that cast significant do�bt on the charit�'s abilit� to meet its liabilities as the� fall d�e.
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The Imman�el Projec�
Tr���ee�' repor� (con�in�ed) for �he �ear ended 31 December 2023
Re�e��e� ����c�
The charit�'s free reser�es, at the �ear end �ere �83,222.
Reser�es comprise The Imman�el Project�s �nrestricted f�nds that are freel� a�ailable to spend on an� of o�r charit��s p�rposes.
The Imman�el Project seeks to maintain 6 and 12 months in reser�es at all times, made �p of the follo�ing items:
Unforeseen emergenc� costs; Unforeseen da�-to-da� operational costs;
Pro�ision for non rene�al of a so�rce of income; and The need to f�nd short-term deficits in a cash b�dget
The Reser�es amo�nt �ill be re�ie�ed and appro�ed b� the tr�stees at least ann�all�.
Based on b�dgeted 2024 e�pendit�re the target le�el of �nrestricted reser�es is bet�een �66,680 and �100,000.
Appro�ed b� the board of tr�stees on 21/05/2024
Anthon� Chapman (Tr�stee)
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The Imman�el Projec�
Independen� e�aminer'� repor� �o �he �r���ee� of The Imman�el Projec�
I report to the charit� tr�stees on m� e�amination of the acco�nts of the charit� for the �ear ended 31 December 2023, �hich are set o�t on pages 6 to 9.
Re������b�����e� a�d ba��� �f �e����
As the charit� tr�stees �o� are responsible for the preparation of the acco�nts in accordance �ith the req�irements of the Charities Act 2011 ('the Act').
I report in respect of m� e�amination of the charit�'s acco�nts as carried o�t �nder section 145 of the 2011 Act. In carr�ing o�t m� e�amination I ha�e follo�ed all the applicable Directions gi�en b� the Charit� Commission �nder section 145(5)(b) of the Act.
I�de�e�de�� e�a���e�'� ��a�e�e��
I ha�e completed m� e�amination. I confirm that no material matters ha�e come to m� attention in connection �ith the e�amination gi�ing me ca�se to belie�e that in an� material respect:
1 acco�nting records �ere not kept in respect of the charit� as req�ired b� section 130 of the Charities Act; 2 the acco�nts do not accord �ith those records.
I ha�e no concerns and ha�e come across no other matters in connection �ith the e�amination to �hich attention sho�ld be dra�n in this report in order to enable a proper �nderstanding of the acco�nts to be reached.
Rh�s North ACA
3/06/2024
We�� Y����h��e C�������� Acc����a�c� Se���ce CIO
Stringer Ho�se 34 L�pton Street Leeds LS10 2QW
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The Imman�el Projec� Receip�� and pa�men�� acco�n� for �he �ear ended 31 December 2023
| Notes 2023 Unrestricted f�nds � Rece���� Grants and donations (2) 15,620 F�ndraising 4,164 T��a� �ece���� 19,784 Pa��e��� Salaries and NIC - Food and food cons�mables 15,351 Rent and rates 6,111 Ins�rance 946 Cleaning, repairs and maintenance 4,385 Other costs - Christmas and acti�it� costs 2,373 Independent e�amination 600 Utilities 5,991 F�nd raising costs 750 Vol�nteer and other staff e�penses 1,278 Telephone and internet costs 1,290 T��a� �a��e��� 39,075 Ne� ���e�e�� �� f��d� (19,291) F��d ba�a�ce� b���gh� f���a�d 102,513 F��d ba�a�ce� ca���ed f���a�d (3) 83,222 |
2023 Restricted f�nds � 84,383 - 84,383 63,359 5,000 - - 170 - 29 - 4,606 - - 107 73,271 11,112 12,534 23,646 |
2023 Total f�nds � 100,003 4,164 104,167 63,359 20,351 6,111 946 4,555 - 2,402 600 10,597 750 1,278 1,397 112,346 (8,179) 115,047 106,868 |
2022 Total f�nds � 52,811 46,124 98,935 37,284 15,404 6,671 850 1,671 38 1,524 600 8,694 355 788 609 74,488 24,447 90,600 115,047 |
|---|---|---|---|
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The Imman�el Projec� S�a�emen� of a��e�� and liabili�ie�
| a� a� 31 December 2023 2023 Unrestricted � Ca�h f��d� Cash at bank 83,195 Cash in hand 27 T��a� ca�h f��d� 83,222 Deb���� a�d ��e�a��e��� Debtors - Gift Aid Prepa�ments A��e�� �e�a��ed f�� �he cha����'� ��� ��e Kitchen eq�ipment Comp�ter eq�ipment M�sical eq�ipment Projector and so�nd s�stem F�rnit�re L�ab�����e� Creditors Accr�als Other creditors - Pension |
2023 Restricted � 23,646 - 23,646 |
2023 Total � 106,841 27 106,868 2023 � 5,901 2,001 7,902 2023 � 1,085 957 217 2,259 |
2022 Total � 114,649 398 115,047 |
|---|---|---|---|
The financial statements �ere appro�ed b� the board of tr�stees on 21/05/2024
Anthon� Chapman (Tr�stee)
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The Imman�el Projec�
No�e� �o �he acco�n�� for �he �ear ended 31 December 2023
1 Acc������g ����c�e�
Ba��� �f acc������g
The tr�stees ha�e taken ad�antage of section 133 of the Charities Act 2011 and ha�e prepared the acco�nts on a receipts and pa�ments basis.
There has been no change to the acco�nting policies since last �ear.
No changes ha�e been made to the acco�nts for pre�io�s �ears.
Ta�a����
As a charit� the organisation benefits from rates relief and is generall� e�empt from income ta� and capital gains ta� b�t not from VAT. Irreco�erable VAT is incl�ded in the cost of those items to �hich it
F��d acc������g
Unrestricted f�nds are a�ailable for �se at the discretion of the tr�stees in f�rtherance of the general objecti�es of the charit�.
Restricted f�nds are s�bjected to restrictions on their e�pendit�re imposed b� the donor or thro�gh the terms of an appeal.
F�rther e�planation of the nat�re and p�rpose of each f�nd is incl�ded in the notes to the acco�nts.
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The Imman�el Projec� No�e� �o �he acco�n�� con�in�ed
for �he �ear ended 31 December 2023
| 2 G�a��� a�d d��a����� Bradford Metropolitan District Co�ncil (BDMC) National Lotter� Comm�nit� F�nd (NLCF) Tesco Gro�nd�ork UK Yorkshire B�ilding Societ� Bradford So�th Methodist Circ�it Co-op Comm�nit� F�nd The Arnold Clark Comm�nit� F�nd Other donations 3 Re����c�ed f��d� Balance b/f � NLCF Stepping into the Light 10,284 NLCF Spreading the Light - Tesco Gro�nd�ork UK 2,250 BDMC Warm Spaces - Yorkshire B�ilding Societ� - 12,534 |
2023 Unrestricted f�nds � - - - - - - - 15,620 15,620 Incoming � - 77,119 2,750 2,738 1,776 84,383 |
2023 Restricted f�nds � 2,738 77,119 2,750 1,776 - - - - 84,383 O�tgoing � 10,284 55,249 5,000 2,738 - 73,271 |
2023 Total f�nds � 2,738 77,119 2,750 1,776 - - - 15,620 100,003 Transfers � - - - - - - |
2022 Total f�nds � 1,000 32,921 2,250 - 550 213 1,000 14,877 52,811 Balance c/f � - 21,870 - - 1,776 23,646 |
|---|---|---|---|---|
F��d �a�e
NLCF Stepping into the Light NLCF Spreading the Light
Tesco Gro�nd�ork UK BDMC Warm Spaces Yorkshire B�ilding Societ�
P�����e �f �e����c����
For the Stepping into Light project, salaries and r�nning costs. To�ards pro�iding a safe space and hot food for those in need and to�ards salar�.
To�ards feeding the g�ests at o�r comm�nit� h�b. To f�nd the heating of o�r comm�nit� h�b. To�ards p�rchasing kitchen eq�ipment.
4 Re�a�ed �a��� ��a��ac�����
D��a����� f��� �����ee� a�d �e�a�ed �a���e�
The total aggregate �al�e of �nconditional donations to the charit� from the tr�stees or related parties �as �1,338. (2022: �1,000).
T����ee e��e��e�
No tr�stee recei�ed an� e�penses d�ring this �ear or the pre�io�s �ear.
T����ee �e���e�a���� a�d be�ef���
No tr�stee recei�ed an� rem�neration or benefit d�ring this or the pre�io�s �ear.
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