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|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|
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ussex
.emmaus
orking together to end homelessness
Trustee Report 2020-21
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||||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|
##
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||||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|
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|||||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|
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|||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|
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||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|
##
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|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|
##
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||||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2021|2021|2021|
|Shops,|Cafe|and|Accommodation|Contributions|165,754|934,363|1,100,117|
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||||||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|
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|||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|
##
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##
|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|
##
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##
||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|
##
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##
|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|
##
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##
|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|
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|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|
##
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##
##
|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|
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