2021-03-31-accounts

ontents
					Page
Reference and administrative		details of the Company,		its Trustees and advisers	1
Trustees' report Independent auditors'	report	on the financial	statements		2 - 23 24- 27
Statement of financial	activities				28
Balance sheet					29- 30
Statement of cash flows					31
Notes to the finanaal	statements				32- 51

ussex .emmaus orking together to end homelessness Trustee Report 2020-21

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
		Note				5
Income from:
Donations, legacies and grants			339,788	355,158	694,946	124,974
Charitable activities: shops, cafe and accommodation contributions				592,246	592,246	1,247,721
investments				60,883	60,883	63,658
Total income			339,788	1,008,287	1,348,075	1,436,353
Expenditure on:
Charitable activities: shops, cafe and accommodation contributions			165,754	934,363	1,100,117	1,357,534
Total expenditure			165,754	934,363	1,100,117	1,357,534
Net income			174,034	73,924	247,958	78,819
Transfers between funds		17	(32)	32
Net movement in funds Isurplus	for		174,002	73,956	247,958	78,819
the year
Reconciliation offunds:
Total funds brought forward			95,975	1,154,331	1,250,306	1,171,487
Net movement in funds			174,002	73,956	247,958	78,819
Total funds carried forward			269,977	1,228,287	1,498,264	1,250,306

			Note		2021 6		2020f
Fixed assets
Tangible assets			12		884,753		937,492
					884,753		937,492
Current assets
Stocks			13	1,174		3,424
Debtors			14	98,519		67,294
Cash at bank and	in hand			1,087,372		477,481
				1,187,065		548,199
Creditors: amounts	falling due within one
year			15	(155,475)		(153,936)
Net current assets					1,031,590		394,263
Total assets less	current liabilities				1,916,343		1,331,755
Creditors; amounts	falling due after more
than one year			16		(418,079)		(81,449)
Net assets excluding		pension asset			1,498,264		1,250,306
Total net assets					1,498,264		1,250,306
Charity funds
Restricted funds			17		269,977		95,975
Unrestricted funds			17		1,228,287		1,154,331
Total funds					1,498,264		1,250,306

				2021	2020
				6
Cash flows from operating	activities
Net cash used in operating	activities			201,554	115,969
Cash flows from investing	activities
Dividends, interests and rents from investments				60,883	63,658
Purchase oftangible fixed assets				(5,484)	(81,928)
Net cash provided by/(used in) investing			activities	55,399	(18,270)
Cash flows from financing	activities
Cash inllows from new borrowing				357,200
Repayments ofborrowing				(4,262)	(13,385)
Net cash provided by/(used in) financing			activities	352,938	(13,385)
Change in cash and cash	equivalents	in	the year	609,891	84,314
Cash and cash equivalents	at the beginning		ofthe year	477,481	393,167
Cash and cash equivalents	at the end	of	the year	1,087,372	477,481

		Restricted	Unrestricted	Total
		funds	funds	funds
		2021 f	2021 6	2021 6
Donations	and gifts	158,889	116,703	275,592
Legacies			31,848	31,848
Government	grants	180,899	206,607	387,506
		339,788	355,158	694,946

	Restricted	Unrestricted	Total
	funds	funds	funds
	2020	2020	2020
			6
Donations	87,062	37,912	124,974

					Unrestricted	Total
					funds	funds
					2021	2021
Shops,	Cafe	and	Accommodation	Contributions	592,246	592,246
					Unrestricted	Total
					funds	funds
					2020 6	2020f
Shops,	Cafe	and	Accommodation	Contributions	1,247,721	1,247,721

		Unrestricted	Total
		funds	funds
		2021	2021
			6
Shop income		225,270	225,270
Cafe income		2,361	2,361
Accommodation	contributions	364,615	364,615
		592,246	592,246

year ended 3	1 March 2021
		Unrestricted	Total
		funds	funds
		2020f	2020f
Shop income		727,958	727,958
Cafe income		123,302	123,302
Accommodation	contributions	396,461	396,461
		1,247,721	1,247,721

		Unrestricted	Total
		funds	funds
		2021	2021f
Rental	income	60,167	60,167
Interest	receivable	716	716
		60,883	60,883
		Unrestricted	Total
		funds	funds
		2020f	2020f
Rental	income	62,598	62,598
Interest	receivable	1,060	1,060
		63,658	63,658

					Restricted	Unrestricted	Total
					funds	funds	funds
					2021	2021	2021
Shops,	Cafe	and	Accommodation	Contributions	165,754	934,363	1,100,117

					Unrestricted	Total
					funds	funds
					2020	2020
					6	6
Shops,	Cafe	and	Accommodation	Contributions	1,357,534	1,357,534

					Activities
					undertaken	Support	Total
					directly	costs	funds
					2021f	2021	2021
Shops,	Cafe	and	Accommodation	Contributions	496,153	603,965	1,100,118
					Activities
					undertaken	Support	Total
					directly	costs	funds
					2020	2020	2020
					F	6
Shops,	Cafe	and	Accommodation	Contributions	670,893	686,641	1,357,534

		Shops, Cafe
		and	Total
		Companion	funds
		2021	2021
Staff costs		159,013	159,013
Companions	expenses	141,326	141,326
Cafe &shops		89,119	89,119
Other direct	costs	28,601	28,601
Community	expenses	78,094	78,094
		496,153	496,153

		Shops, Cafe
		and	Total
		Companion	funds
		2020	2020
		6	E
Staff costs		167,241	167,241
Companion	expenses	157,944	157,944
Cafe &shops		197,505	197,505
Other direct	costs	44,753	44,753
Community	expenses	103,450	103,450
		670,893	670,893
Analysis of	support costs
		Shops, Cafe
		anil	Total
		Companion	funds
		2021f	2021 6
Staff costs		287,588	287,588
Depreciation		58,223	58,223
Premises costs		143,105	143,105
Management	and administration	54,741	54,741
Solidarity		24,169	24,169
Audit and accountancy fees		7,720	7,720
VAT annual	adjustment	28,419	28,419
		603,965	603,965

Analysis ofsupport costs (co	nti	nued)
				Shops, Cafe
				and	Total
				Companion	funds
				2020f	2020
Staff costs				274,737	274,737
Depreciation				61,398	61,398
Premises costs				196,262	196,262
Management and administration				74,335	74,335
Solidarity				44,499	44,499
Audit and accountancy				6,887	6,887
VAT annual adjustment				28,523	28,523
				686,641	686,641
Auditors' remuneration
				2021	2020
					6
Fees payable to the Company's	auditor		for the audit ofthe Company's
annual accounts				6,400	6,200
Fees payable to the Company's	auditor		in respect of:
All non-audit services not included		above		1,320	487

Staff costs
			2021	2020
Wages and	salaries		405,573	393,076
Social security costs			23,009	29,136
Contribution	to defined contribution	pension schemes	18,019	19,766
			446,601	441,978

	Freehold	Motor	Fixtures and
	property f	vehicles f	fittings	Total
Cost or valuation
At 1 April 2020	1,337,919	113,167	370,673	1,821,759
Additions	3,573		1,911	5,484
At 31 March 2021	1,341,492	113,167	372,584	1,827,243
Depreciation
At 1 April 2020	489,753	102,531	291,983	884,267
Charge for the year	41,378	5,229	11,616	58,223
At 31 March 2021	531,131	107,760	303,599	942,490
Net book value
At 31 March 2021	810,361	5,407	68,985	884,753
At 31 March 2020	848,166	10,636	78,690	937,492

13.	Stocks
					2021	2020f
	Finished goods		and goods for resale		1,174	3,424
14.	Debtors
					2021	2020
					6	E
	Due within one year
	Trade debtors				12,204	2,454
	Other debtors				12,065	21,880
	Prepayments	and accrued income			74,250	42,960
					98,519	67,294
15.	Creditors: Amounts			falling due within one year
					2021	2020
					8	f.
	Bank loans				20,836	7,490
	Otherloans				3,212
	Trade creditors				42,347	77,348
	Other taxation		and social security		20,387	21,857
	Other creditors				39,720	30,182
	Accruals and	deferred		income	28,973	17,059
					155,475	153,936
16.	Creditors: Amounts			falling due after more than one year
					2021	2020
					F	E
	Bankloans				418,079	78,237
	Other loans					3,212
					418,079	81,449

Included within the above are amounts falling due as fo	llows:
	2021f	2020
Between one and two years
Bankloans	8,091	7,736
Other loans		3,212
Between two and five years
Bank loans	370,666	25,399
Over five years
Bank loans	39,322	45,102

					2021f	2020 6
Payable	or	repayable	by	instalments	39,322	45,102
					39,322	45,102

Statement offunds	- current	year
						Balance at
		Balance at 1			Transfers	31 March
		April 2020	Income	Expenditure	in/out	2021
		6		6		6
Unrestricted funds
Designated funds
Fixed asset fund		779,964				779,964
Companions (Peter	Goldsmith)
fund		1,500				1,500
C.Mares Fund		350				350
Electrical work			5,000	(473)		4,527
		781,814	5,000	(473)		786,341
General funds
General Funds - all	funds	372,517	1,003,287	(933,890)	32	441,946
Total Unrestricted	funds	1,154,331	1,008,287	(934,363)	32	1,228,287
Restricted funds
Flint wall fund		333		(333)
Greenhouse fund		5,194				5,194
Sundial fund		100				100
Van livery fund		32			(32)
Manor cottage fund		300		(300)
Boiler fund		12,283		(5,521)		6,762
18Drove Road renovations		59,948	38,919	(9,322)		89,545
IT upgrade		7,185				7,185
Fairmark - new entrance		10,000	2,500			12,500
Defibrillator		600		(300)		300
Companion food			27,969	(27,969)
Utilities			2,500	(2,500)
ICT			3,536	(1,665)		1,871
PPE			1,719	(1,719)
Companion expenses			2,306	(2,306)
Electrical work			10,000	(10,000)
Core costs			97,539	(97,539)
Counselling			5,000	(1,280)		3,720
Supporlcosis			5,000	(5,000)
Electrical works			142,800			142,800

State	ment offunds - c	urrent year (continued)
						Balance at
		Balance at 1			Transfers	31 March
		April 2020f	Income	Expendituref	In/out	2021
		95,975	339,788	(165,754)	(32)	269,977
Total	offunds	1,250,306	1,348,075	(1,100,117)		1,498,264

Statement offunds	- prior yea	r
						Balance at
			Balance at			31 March
			1 April 2019	Income	Expenditure	2020
			F
Unrestricted funds
Designated funds
Fixed asset fund			779,964			779,964
Companions (Peter	Goldsmith)	fund		1,500		1,500
C.Mares Fund				350		350
			779,964	1,850		781,814
Generalfunds
General Funds —all	funds		353,134	1,347,441	(1,328,058)	372,517
Total Unrestricted	funds		1,133,098	1,349,291	(1,328,058)	1,154,331
Restricted funds
Flint wall fund			333			333
Greenhouse fund			3,250	2,000	(56)	5,194
Sundial fund			100			100
Van livery fund			32			32
Manor cottage fund			16,545		(16,245)	300
Boiler fund			18,000		(5,717)	12,283
18Drove Road renovations				63,381	(3,433)	59,948
IT upgrade				10,336	(3,151)	7,185
Fairmark - new entrance				10,000		10,000
Defibrillaior				900	(300)	600
Geo Borg / Rob M				445	(445)
Washing machine -	Fixed asset	fund		129	(129)
			38,260	87,191	(29,476)	95,975
Total offunds			1,171,358	1,436,482	(1,357,534)	1,250,306

Summary	offunds - cur	rent year
						Balance at
		Balance at 1			Transfers	31 March
		April 2020 E	Income	Expenditure	in/out f	2021 6
Designated	funds	781,814	5,000	(473)		786,341
General funds		372,517	1,003,287	(933,890)	32	441,946
Restricted	funds	95,975	339,788	(165,754)	(32)	269,977
		1,250,306	1,348,075	(1,100,117)		1,498,264

Summary	offunds - prior year
					Balance at
		Balance at			31 March
		1 April 2019 6	Income	Expendituref	2020 6
Designated	funds	779,964	1,850		781,814
General funds		353,134	1,347,441	(1,328,058)	372,517
Restricted	funds	38,260	87,191	(29,476)	95,975
		1,171,358	1,436,482	(1,357,534)	1,250,306

Analysis Analysis	of net assets between funds ofnet assets between funds - current	year
		Restricted	Unrestricted	Total
		funds	funds	funds
		2021	2021	2021
			6	6
Tangible	fixed assets		884,753	884,753
Current	assets		1,187,065	1,187,065
Creditors	due within one year		(155,474)	(155,474)
Creditors	due in more than one year		(418,079)	(418,079)
Difference		269,977	(269,978)	1
Total		269,977	1,228,287	1,498,264

Analysis	ofn	et assets between funds - prior ye	ar
			Restricted	Unrestricted	Total
			funds	funds	funds
			2020	2020 E	2020f
Tangible	fixed	assets	90,316	847,176	937,492
Current	assets		5,709	542,490	548,199
Creditors	due	within one year		(153,936)	(153,936)
Creditors	due	in more than one year		(81,449)	(81,449)
			96,025	1,154,281	1,250,306

20.	Reconciliation of	ne	t movement	in fund	s to net cash flow fro	m operating	activities
							2021	2020f
	Net income for the	year (as per Statement			of Financial Activities)		247,958	78,819
	Adjustments for:
	Depreciation charges						58,223	61,398
	Dividends, interests and rents from			investments			(60,883)	(63,658)
	Decrease/(increase)		in stocks				2,250	(1,174)
	Decrease/(increase)		in debtors				(31,225)	1,717
	Increase/(decrease)	in creditors					(14,769)	38,867
	Net cash provided	by operating		activities			201,554	115,969
21.	Analysis ofcash	and cash equivalents
							2021f	2020f
	Cash in hand						1,087,372	477,481
	Total cash and cash equivalents						1,087,372	477,481
22.	Analysis ofchanges		in net debt
						At 1 April		At 31 March
						2020	Cash flows	2021
						6
	Cash at bank and	in	hand			477,481	609,891	1,087,372
	Debt due within 1 year					(7,490)	(16,558)	(24,048)
	Debt due after 1 year					(81,449)	(336,630)	(418,079)
						388,542	256,703	645,245