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2025-02-28-accounts

The Immanuel Project Charity number 1152419

Annual Report and Financial Statements for the period 1 January 2024 to 28 February 2025

The Immanuel Project

Annual Report and Financial Statements for the period 1 January 2024 to 28 February 2025

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 9

Prepared by West Yorkshire Community Accountancy Service CIO

1

The Immanuel Project Trustees' report for the period 1 January 2024 to 28 February 2025

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial period 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 Charity number 1152419 Registered in England and Wales

Registered and principal address

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 period 1 January 2024 to 28 February 2025

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

Sadly, the need for our services in Bradford doesn’t stop, or even slow. The cost of basic needs like shelter, food and energy means that more people are coming to The Immanuel Project than ever before. The shortage of accommodation and other daily life effecting issues has hit so many in so many ways. Not least for our guests who are some of the most vulnerable or homeless within the Bradford and surrounding districts.

When we first opened 14 years ago, it was for a couple of hours on a Monday lunch time, with a handful of caring volunteers giving food, safe shelter, a kind word and a listening ear to a few dozen guests. Since then, The Immanuel Project has grown each year and we currently open 5 days a week, Monday to Friday with weekly guest numbers increasing from c.600 in 2023 to over 700 by the end of this financial period.

During the past period our staff and volunteers have continued to provide a first class service. Our guests receive hot food, drinks and treats each day. Help with clothing, household, toiletries and other useful products from our store. Organising many interesting and useful activities to help guests well-being, build their selfesteem and confidence. We do a tremendous amount of work regarding social issues, give practical and pastoral support from our expert team as well as working closely with other Bradford based organisations.

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.

We remain grateful to the National Lottery for their ongoing support but also thrilled to have received a record amount of donations from a wide range of sources in the last 14 months. Many have chosen to contribute towards specific needs, whether it be covering energy costs, supporting wellbeing activities, or funding our milk and breakfast provisions. Both our guests and the entire Immanuel Project team are incredibly thankful for this generous support.

Bradford has been proudly named the UK City of Culture for 2025. As we celebrate this exciting milestone with a culture-led regeneration, we eagerly anticipate the rekindling of passion and pride in both our beloved city and for our guests.

Financial review

The net receipts for the period were £6,941, including net receipts of £6,826 on unrestricted funds and net receipts of £115 on restricted funds after transfers.

The financial year end has been changed from 31 December 2024 to 28 February 2025, resulting in a 14-month reporting period for these accounts.

3

The Immanuel Project

Trustees' report (continued) for the period 1 January 2024 to 28 February 2025

Reserves policy

The charity's free reserves, at the period end were £90,048.

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 6 and 12 months 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; and

The need to fund short-term deficits in a cash budget:

Based on the trustees' calculations and taking the current situation into account, the trustees have decided to set the total reserves target between £84,576 and £100,000.

The Reserves amount will be reviewed and approved by the trustees at least annually.

Approved by the board of trustees on 25/6/2025

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 period 1 January 2024 to 28 February 2025, which are set out on pages 6 to 9.

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

30/6/2025

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

5

The Immanuel Project Receipts and payments account for the period 1 January 2024 to 28 February 2025

Notes
2025
Unrestricted
funds
£
Receipts
Grants and donations
(2)
33,420
Fundraising and online sales
14,277
Total receipts
47,697
Payments
Salaries and NIC
5,250
Food and food consumables
6,165
Rent and rates
7,129
Insurance
1,071
Cleaning, repairs and maintenance
5,775
Other costs
505
Christmas and activity costs
2,206
Independent examination
957
Utilities
7,864
Fund raising costs
744
Volunteer and other staff expenses
3,145
Telephone, internet and IT costs
1,933
Equipment and furniture
112
Total payments
42,856
Net receipts / (payments)
4,841
Transfers between funds
1,985
Net movement in funds
6,826
Fund balances brought forward
83,222
Fund balances carried forward
(3)
90,048
2025
Restricted
funds
£
106,450
-
106,450
86,973
7,532
-
-
-
-
423
-
8,202
-
25
-
1,195
104,350
2,100
(1,985)
115
23,646
23,761
2025
Total
funds
£
139,870
14,277
154,147
92,223
13,697
7,129
1,071
5,775
505
2,629
957
16,066
744
3,170
1,933
1,307
147,206
6,941
-
6,941
106,868
113,809
2023
Total
funds
£
100,003
4,164
104,167
63,359
20,351
6,111
946
4,205
-
2,402
600
10,597
750
1,278
1,397
350
112,346
(8,179)
-
(8,179)
115,047
106,868

6

Statement of assets and liabilities
as at 28 February 2025
2025
Unrestricted
£
Cash funds
Cash at bank
89,854
Cash in hand
194
Total cash funds
90,048
Debtors and prepayments
Debtors - Gift aid
Prepayments
Other debtors
Assets retained for the charity's own use
Kitchen equipment
Computer equipment
Musical equipment
Projector and sound system
Furniture
Liabilities
Creditors
Accruals
Other creditors
The Immanuel Project
2025
Restricted
£
23,761
-
23,761
2025
Total
£
113,615
194
113,809
2025
£
126
1,031
86
1,243
2025
£
1,099
1,056
219
2,374
2023
Total
£
106,841
27
106,868

The financial statements were approved by the board of trustees on 25/6/2025

Anthony Chapman (Trustee)

7

The Immanuel Project

Notes to the accounts for the period 1 January 2024 to 28 February 2025

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

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 period 1 January 2024 to 28 February 2025

2 Grants and donations
Bradford Metropolitan District Council (BMDC)
National Lottery Community Fund (NLCF)
Groundwork UK - Tesco
Skipton Building Society
The Wharfedale Foundation
The Albert Hunt Trust
Yorkshire Building Society
Other donations
3 Restricted funds
Balance b/f
£
NLCF - Spreading the Light
21,870
Groundwork Tesco
-
BMDC - Warm Spaces
-
Yorkshire Building Society
1,776
The Wharfedale Foundation
-
Skipton Building Society
-
23,646
2025
Unrestricted
funds
£
-
-
-
-
-
7,000
-
26,420
33,420
Incoming
£
89,797
3,500
1,653
-
10,000
1,500
106,450
2025
Restricted
funds
£
1,653
89,797
3,500
1,500
10,000
-
-
-
106,450
Outgoing
£
86,998
3,500
1,653
1,776
10,000
423
104,350
2025
Total
funds
£
1,653
89,797
3,500
1,500
10,000
7,000
-
26,420
139,870
Transfers
£
(1,985)
-
-
-
-
-
(1,985)
2023
Total
funds
£
2,738
77,119
2,750
-
-
-
1,776
15,620
100,003
Balance c/f
£
22,684
-
-
-
-
1,077
23,761

Fund name

NLCF - Spreading the Light

Groundwork Tesco BMDC - Warm Spaces

Yorkshire Building Society The Wharfedale Foundation Skipton Building Society

Purpose of restriction

Towards providing a safe space and hot food for those in need and towards salary costs. The transfer relates to allocating food costs, which were originally paid in 2023.

Towards Fun Friday's project costs.

To enable the provision of warm and welcoming spaces from our community hub.

Towards purchasing kitchen equipment. Towards food and energy costs. Towards wellbeing resources.

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 £1,020 (2023: £1,338).

Trustee expenses

No trustee received any expenses during this period or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this period or the previous year.

9