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2023-06-30-accounts

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Company number: 03422341 Charity Number: 1064470

Emmaus UK

Report and financial statements For the year ended 30 June 2023

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Contents

For the year ended 30 June 2023

Reference and administrative information ........................................................................................ 1 Trustees’ annual report................................................................................................................................................ 3 Independent auditor’s report ......................................................................................................... 18 Statement of financial activities (incorporating an income and expenditure account) ..................... 22 Balance sheet ................................................................................................................................. 23 Statement of cash flows ................................................................................................................. 24 Notes to the financial statements ................................................................................................... 25

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Reference and administrative information

For the year ended 30 June 2023

Company number 03422341 Country of incorporation United Kingdom Charity number 1064470 Country of registration England & Wales

Registered office and operational address Emmaus UK Regus Apex House Calthorpe Road Edgbaston Birmingham B15 1TR

Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Jill Garner Appointed as Chair and trustee on 29/03/2023. Katrina Mattock Vice Chair Michele Pietsch Appointed as Treasurer and trustee on 21/06/2023. Hazel Warwick John Harrison Sara Creech Andrew Kilburn Joanne Henney Appointed 01/11/2022 James Foster Appointed 21/06/2023 Matt Simkin Appointed 21/06/2023 Susan Brooksbank-Taylor Chair until 29/03/2023, resigned 21/06/2023 Richard Paterson Treasurer until 21/06/2023, resigned 21/06/2023 Amanda Stekly Resigned 08/02/2023 Tony Ferrier Resigned 08/02/2023

Key management Personnel Charlotte Talbott Chief Executive Robyn Cummins Director of Fundraising & Influence from 30/05/2023 Noel Grace Director of Resources from 03/07/2023 until 22/09/23 Clare Hunter Head of Communications and Fundraising until 31/12/2022 Duncan Gall Head of Federation Support until 04/01/2023 Sanja Kalik Head of Finance, Company Secretary until 31/12/2022

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Emmaus UK

Reference and administrative information

For the year ended 30 June 2023

Bankers CAF Bank Limited United Trust Bank
Kings Hill One Ropemaker Street
West Malling London
Kent EC2Y 9AW
ME19 4TA
National Westminster Bank Plc Hampshire Trust Bank
Cambridge Market St Branch 55 Bishopsgate
23 Market Street London
Cambridge EC2N 3AS
CB2 3PA
Cambridge & Counties Aldermore
Charnwood Court 1st Floor, Block B, Western House
5B New Walk Lynch Wood
Leicester Peterborough
LE1 6TE PE2 6FZ
Auditor Sayer Vincent LLP
Chartered Accountants and Statutory Auditor
Invicta House
110 Golden Lane
LONDON
EC1Y 0TG

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Chair’s introduction

Chair’s Introduction 2022-2023 Accounts

This has been a very positive year for Emmaus UK. The previous year’s strategic review and consultation across the federation has led to clarity, decisions, and action. There is now a much stronger foundation for the ambitious plans for the next few years. We are pleased to report that:

Raising enough income is never going to be easy. This year we started to see some fluctuations in income due to the impact of the cost-of-living crisis. However, crucially, we are pleased that we have been able to increase grants to local communities and groups. This has included:

Looking forward to next year, an updated delivery plan has been prepared and the exciting plans contained within this are set out in the Trustees report. There is more to do and an ever-increasing need for the services and support that Emmaus delivers. We are confident that with the changes we are making at Emmaus UK we will be better placed now and, in the future, to meet that demand.

Finally, I have been Chair since April and want to end by paying tribute to those who have gone before and the many who have welcomed and embraced change. Thanks too to those who have recently joined. It is invidious to name names, but I will. Thank you, Sue, Katrina and Charlotte, and the many more.

Best wishes

Jill Garner, Chair of Trustees, Emmaus UK

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Trustees Report

About Emmaus

Emmaus is an international movement of grassroots organisations set up to fight poverty. There are over 400 local Emmaus groups located in over 40 different countries. All groups run income generating activities with people who have experienced social exclusion. There are education centres, women’s rights groups, farming, agricultural and much more.

In the UK, Emmaus is a homelessness charity with a difference. We don’t just offer a bed for the night, we offer a home for as long as someone needs it, as well as meaningful work in our social enterprises and a sense of belonging.

About Emmaus UK

Emmaus in the UK is a federation which means each local Emmaus group is its own registered charity with its own staff team and trustees. Emmaus UK was set up to unify and support the UK federation and make our impact more than the sum of our individual parts.

At Emmaus UK (EUK), we work alongside the 33 local Emmaus groups to help them support companions and their local communities. We help them to realise their ambitions by providing national, strategic support that amplifies their local impact and supports their staff and trustees. We do this by offering specialist expertise, services, guidance, and financial support. Emmaus UK also acts as the UK representative of Emmaus International.

The EUK team is currently split into three functions:

Emmaus UK also provides financial support to member organisations, through a range of loan and grant funds. These were categorised in the financial year to 30 June 2023 as follows:

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

During the year, a review of funds took place and from 01 July 2023 the revised funds are now as follows:

Our Values

Our values underpin everything that we do:

Respect - for others, ourselves and our environment Sharing – our resources, skills, challenges and successes Openness – to ideas, challenges and to other points of view Solidarity – helping those in greatest need and opposing injustice Welcoming – friendly, approachable and inclusive to all

Our Purpose: We exist to give hope and a sense of belonging to those who have experienced homelessness and poverty

Our Vision: A sustainable world in which everyone has a home and a sense of belonging

Our Mission: To empower people affected by homelessness and poverty to change their lives for the better whilst using our voice to achieve social change

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Our Strategic Objectives 2022-2027

We will:

We will help more people by:

We will work smarter by:

We will shout louder by:

We will work together better by

Our Achievements

Like any federal body, most of Emmaus UK’s work is focused on supporting the federation of Emmaus charities in the UK to realise their potential. This year much of our work has been focused on planning for the future, ensuring Emmaus is in the strongest possible position to handle the challenges that lie ahead.

The team at Emmaus UK has also:

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Fundraised Income

Gifts from individual donors continue to be the largest source of income for Emmaus UK, through donations in response to direct marketing, regular giving via direct debit and gifts in wills. We saw some fluctuations in response to individual appeals as a result of the cost-of-living crisis and competing demands on donor resources, however we are heartened by our supporters commitment to the Emmaus mission and have seen an increase in digital giving. We continue to receive generous support from Trusts and Foundations which enable specific areas of Federation development work, and this year has also seen an increase in corporate giving, thanks to a number of successful multilevel corporate partnerships who have in particular funded a wide range of sustainability and environmental efficiency initiatives at communities through the Environment fund.

The Coming Year

We know the coming year is going to be tough for so many people and Emmaus will not be immune to the continued impact of the cost-of-living crisis, which will not only increase our own costs but is also likely to place increased demand on our services and potentially reduce the donations our

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

generous supporters are able to give. As ever, our priority will be to do everything we can to support those who need it most and we will aim to deliver this through our new strategic plan.

We have prepared a comprehensive delivery plan which sets out our ambitions for 2023/24 and beyond. This has been developed with the intention that this build on the progress and achievements being made by Emmaus UK and the Federation. The Key strategic objectives of that plan are:

• Becoming a best practice national body and employer of choice

We will deliver a People and EDI strategy in consultation with colleagues and the Board ensuring our approach reflects best practice and colleagues feel valued and empowered to deliver high quality services across the Federation.

We will remain focused on working with the Board, Committees and colleagues to improve standards, reporting, risk management, financial planning and reserves management, to ensure the support and services provided by Emmaus UK to members are of the highest quality and achieve impact.

• Diversifying our fundraising sources and increase fundraised income.

Developing our cross functional Fundraising and Communications strategy for 2023-2027 to identify key opportunities for improvement and growth across fundraising streams, phased over the strategic cycle and closely linked with digital and communications strategies. This will include tactical plans for new business development in Trusts, Foundations and Corporates, a Federation wide Legacy strategy, a supporter acquisition review and plan and more to be determined through the strategy development process.

• Helping more people

We will continue to explore, test and evaluate new activities/models of delivery to enhance the work of Emmaus, developing new approaches and activities in response to identified needs. There will be an increased focus on external partnership development including ongoing development of potential partnerships identified during 2022/23.

• Working smarter

Continuing to develop a quality framework and assurance process for full roll-out across the Federation along with the Theory of Change, Client Management Systems and Monitoring, Evaluation and Learning systems.

Working with charity retail and social enterprises to develop alternative enterprises.

• Shouting louder

Focusing on the development of Development of National and Regional communications strategy, reflective of federation priorities and raising the profile of Emmaus across the UK.

Evolving the Emmaus Brand including the tone and visuals and developing brand consistency alongside a review of regional communications services.

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

• Work together better

Bringing Emmaus UK and the Federation together with leadership training and developing shared understanding of Emmaus history and principles.

The trustees who are also directors of Emmaus UK (The Charity) for the purposes of the Companies Act, submit their annual report and financial statements of the Charity for the year ended 30 June 2023. The trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document, the requirements of a directors’ report as required under company law, and the Statement of Recommended Practice – Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Financial review

The total income for the year was £2,647,251 (2022: £2,911,596), including restricted income of £286,855 (2022: £294,528). The principal funding sources for the year were donations from direct marketing, legacies, grants from trusts and foundations and funds raised through corporate partnerships.

Total expenditure was £2,980,835 (2022: £2,627,572). This was higher than last year with additional grants to communities following the ending of the various covid support funds.

The community and enterprise investment loan fund received loan repayments from members of £9,400 (2022: £53,200). No new loans were issued (2022: £310,000).

Grants totalling £315,183 (2022: £249,486) were paid out of the Capacity Development Grant Fund with an additional £nil (2022: £165,000) paid from the Companion Room Expansion Grant and Grants made from the environmental fund were £338,193 (2022: £nil).

Emmaus UK also works directly with members of the federation to raise funds and in-kind support, which are given directly to the communities and are therefore not reflected in these financial statements. The cost of this activity is included in the fundraising and publicity resources as detailed in note 5. Emmaus UK offers a range of other services to support the members of the federation, these include IT support, HR advice and support, a regional communications service, provision of a website, referral gateway, access to training and support to develop their business and community.

Principal risks and uncertainties

Risk Management

Risk management is taken very seriously by the Trustees at Emmaus, the risk management register is a standing item on the Audit, Risk & Governance Committee agendas. From 1 July 2023 onwards this will be a standing item on the Audit & Risk Committee agendas.

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

The trustees have a formal risk management policy in place and strategic and operational risk registers to assess risks and implement risk mitigation strategies. These identify the type of risks faced by the Charity, prioritises them in terms of likelihood of occurrence and potential impact, and identifies the means of mitigating those risks. These risks are regularly considered by the Board and its committees and mitigating actions are in place. The registers are regularly updated, with systems being amended as appropriate. A Business Continuity and Disaster Recovery Plan is also in place.

The highest risks currently identified in the Charity’s strategic risk register, are listed below with the control measures:

Risk Control Measures
Failure to raise sufficient funding to
deliver the EUK strategy and
federation strategic plan		 Robust fundraising strategy underpinned by team plan,
KPIs and fundraising protocols.
Regular monitoring of income and expenditure through
management accounts to flag issues
Reviewgoingconcern
Cost of living crisis, volatility of
financial environment and impact on
current income streams in
communities places demands on
Emmaus funds and EUK services that
cannot be me.		 Regular monitoring of financial performance of the
federation
Monitoring market changes
Maintaining adequate level of reserves
Monitoring liquidity
Monitoring demands from Emmaus communities
Monthlymanagement accounts
Inadequate systems for safeguarding,
incident management and reporting.		 Regular reviews of policies and procedures relating to
safeguarding
Safeguarding incidents and responses reviewed by SMT
and the relevant EUK committee.
Regular training for safeguarding, incident
management and reporting.
Failure to ensure compliance with
necessary UK law relevant to
companion status and/or changes to
relevant legislation e.g. national
minimum wage regulation exemption.		 We have updated legal advice on companion status and
will continue to keep this under review.
Failure to effectively monitor and
respond to changes in the external
environment e.g. Supported Housing
RegulatoryOversight Act		 Regular monitoring of external environment including
legislation and policy to the Board and committees as
standing items on the agendas
Links to appropriate networks.
Reputational risk to Emmaus UK
caused by failure of any of its
members e.g., safeguarding or
significant loss of members from the
UK federation.		 Regular discussions on issues affecting members
through SMT and a new regional partnerships structure.
Regular reports to relevant Committees on members
presenting risks including safeguarding or other
serious incidents.

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Reserves policy and going concern.

The present level of funding is adequate to support the Charity’s activities, and the trustees consider the financial position of the Charity to be satisfactory. As set out below, there are no concerns about the charity’s ability to continue on a going concern basis with no deficit on unrestricted funds.

Restricted funds are only used for the purposes of expenditure set out by the donor and any reclassifications can only be made with the express permission of the donor.

The trustees consider that three months operating costs should be held as ‘free reserves’ as a contingency measure in case of unforeseen emergency situations such as disaster recovery or any other large scale adverse events. The target level set is £583,122 (2022: £648,577) which is calculated from 3 months of the operating costs included within the 2023/24 budget. It is our policy that the amount provided in ‘general funds’ within Note 18 reflects this target.

The actual level of free reserves is £571,642 (2022: £640,097) as shown in Note 17. This level of free reserves is consistent with the target level held within general funds.

After providing for our required level of free reserves, the Charity allocates funds to cover amounts paid and committed to the Community and Enterprise Investment Loan Fund (formerly Emmaus Fund) as well as funds in direct support of members of the federation. On 30 June 2023 the Community and Enterprise Investment Loan Fund stood at £997,740 (2022: £1,112,470) of which £669,470 (2022: £678,869) is on loan to communities.

The remainder is available for allocation in the form of financial support to members, subject to receipt of qualifying applications and any future developments of Emmaus UK. The Federation funds are noted above in this report and the funds balance is £1,121,104. Funds made available for future developments across the Federation total £878,211.

Full information on the funds is provided in Note 18 of the accounts.

Investments policy and returns

Under the Articles of Association, the Charity has the power to make any investment which the trustees see fit. The trustees have considered the most appropriate policy for investing funds and have found that savings and deposit accounts meet their requirements that the investments are secure and at the competitive market rates. The trustees consider the return on investments achieved during the year to be satisfactory in the current economic climate and that chosen banks have a good reputation and rating.

The Community and Enterprise Investment loan fund is established to support Emmaus communities to grow, implement change or develop, with a clear focus on reaching financial sustainability.

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

The Investment Committee, replaced by the Funds Allocation Committee in July 2023, is responsible for the governance of the major loan and grant-making funds held by Emmaus UK (‘EUK Funds’), ensuring that decision-making around the distribution of funds and subsequent monitoring is appropriately independent, consistent and transparent. This committee is also responsible for the governance of loans made by Emmaus UK’s social investment partners, providing independent due diligence and appropriate monitoring on their behalf .

Public Benefit

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit, ‘Charities and Public Benefit’.

Trustees and individual liability insurance covers up to £500,000 of liability.

Fundraising

The majority of Emmaus UK’s fundraising income is generated via individual giving. Emmaus UK primarily uses media inserts and direct mail to recruit and maintain a database of individual donors, as well as generating income from sponsored challenge events, regular giving (via direct debits and standing orders) and from gifts left as legacies.

Mutually beneficial and multi-dimensional corporate partnerships provide significant revenue for key projects, but also deliver strategically through non-financial support from corporates for Emmaus UK and federation members. Grants from Trusts and Foundations continue be an important part of Emmaus UK’s income profile.

Third parties including copywriters and commercial printers are used to produce and distribute materials by the most efficient and cost-effective means. Any third parties working with Emmaus UK on its fundraising activities are subject to due diligence before they begin delivering work. This includes ensuring data protection controls are in place, seeking references and conducting tender processes.

Emmaus UK is registered with the Fundraising Regulator and adheres to the Code of Fundraising Practice which the regulator maintains. Emmaus UK also maintains and publishes an Ethical Fundraising Policy which sets out the approach to transparent and honest fundraising practice, including how donors are contacted, how donor data is protected, how vulnerable people are protected and how to feed back or make a complaint. Alongside the Ethical Fundraising Policy, the Vulnerable Persons Policy also details the approach to protecting vulnerable people within Emmaus UK’s fundraising activities.

Emmaus UK received no fundraising-related complaints for year ending 30 June 2023.

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Structure, governance and management

The organisation is a charitable company limited by guarantee, incorporated on 20 August 1997 and registered as a charity on 18 September 1997.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 8 to the accounts.

The Charity is a company limited by guarantee and a registered charity in England and Wales. Its governing documents are its Articles of Association, Rules and Byelaws. The Board and Emmaus UK act as a focus for members of the federation to enable them to work together in pursuit of the movement’s stated aims and objectives, whilst at the same time functioning as independent, selfsupporting and sustaining communities.

The Charity’s principal objectives, as set out in its Articles of Association, are the alleviation and relief of poverty, hardship and distress for those in need, without distinction, by:

The Charity supports the federation, the full members of which elect its Board of Trustees. The Board may co-opt up to four additional trustees. Most of the Charity's elected trustees must be trustees or employees of full members, and, prior to the AGM, all members are invited to make nominations

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

for new trustees. When choosing trustees for co-option, the Board considers the need for any specialist skills. New trustees are provided with an induction pack, the contents of which include the governing documents, the current federation and Emmaus UK plans, recent financial information and other relevant policies. They are also invited to attend an induction day where they are briefed on their obligations under company and charity law as well as the activities of Emmaus UK. Those who have not already done so are encouraged to visit several members of the federation - both communities and groups. Ongoing training is given to trustees in line with the requirements of the Charities SORP.

The trustees are responsible for providing direction, strategy and governance to the charity. Responsibility for the implementation of this guidance is delegated to the Chief Executive. Following a thorough governance review a newly implemented committee structure helps to increase the Board's effectiveness.

Appointment of trustees

The board has, and regularly considers, the mix of skills, knowledge and experience it needs to govern, lead and deliver the charity’s purposes effectively. It reflects this mix in its trustee appointments, balancing the need for continuity with the need to refresh the board. The constitution allows for regular refreshing of the board but also enables the board to retain needed skills. There is a formal, rigorous and transparent procedure to appoint new trustees to the board, which includes advertising vacancies widely. Trustees are appointed for fixed 3 years term and may serve no more than 9 years in total.

Membership of Board and committees (as at 30 June 2023)

In January 2022, the EUK Board commissioned an external governance review. Over the summer of 2022, the EUK Board was provided with several recommendations to ensure our governance arrangements provide maximum benefit. The first set of recommendations looked at strengthening our board with external trustee recruitment, including a new Chair, Treasurer and committee chairs. The next step of recommendations was around developing the governance structure to be more effective and increasing companion and federation member representation. Both these of these recommendations were explored with new arrangements agreed and in place in June 2023.

Emmaus UK Board

The Board of Trustees governs Emmaus UK and is the ambassador for the federation and its members, safeguarding and promoting, both internally and externally, the values, mission, vision and strategic aims of Emmaus in the UK. The Emmaus UK Board is made up of trustees elected by the federation members and those independent to the UK Emmaus Federation, elected by trustees.

The new committee structure took effect from 01 July 2023 and consists of an Audit & Risk Committee, a Companion Committee, a Funds Allocation Committee, a Federation Committee, a

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Finance & Fundraising Committee and a People & EDI Committee. The new structure increases delegated authority and remit and strengthens federation and companion representation.

For the year under review, the following governance structure was in place.

Operations Committee

The role of the Operations Committee was to oversee and review the work of the federation of Emmaus communities and groups in the UK, on behalf of the Emmaus UK Board, to ensure that its members demonstrated strength, quality, operated in line with good practice and were working together to achieve the federation’s strategic objectives. Committee membership consisted of members from the UK Emmaus Federation.

Investment Committee

The role of the Investment Committee was to govern the Emmaus Funds and to ensure that decisionmaking around the distribution of funds and subsequent monitoring was appropriately independent, consistent and transparent. Committee membership consisted of members from the UK Emmaus Federation and those with relevant skills independent to the UK Emmaus Federation.

Resources Committee

The Resources Committee existed to manage and oversee the financial and human resources of Emmaus UK, the Charity, on behalf of the Emmaus UK Board. Within this remit it ensured that the Charity: adopted appropriate and effective human resource policies in the employment of its staff; effectively managed and monitored its financial resources and adopted appropriate strategies in relation to fundraising and finance; and had the capacity to deliver the annual office plan that delivers the federation strategic plan. It also recommended to the board the annual budgets (including the staff and remuneration budgets) and reviewed the annual objectives and performance of the CE. Committee membership consists of members from the Emmaus UK Board.

Audit, Risk and Governance Committee

The main role of the Audit, Risk and Governance Committee was to ensure that the charity adopted appropriate and effective frameworks for robust internal control, audit and risk management, as well as maintaining high levels of good governance and scrutinising performance in these key areas. Committee membership consisted of members from the UK Emmaus Federation and those with relevant skills independent to the UK Emmaus Federation.

Related parties and relationships with other organisations

As listed above and as stated in articles many Emmaus UK’s Trustees are also members of staff or Trustees of Emmaus communities or groups. There are no additional relationships between the charity and related parties including its subsidiary undertakings, and with any other charities and organisations with which it cooperates in the pursuit of its charitable objectives.

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

Funds held as custodian trustee on behalf of others

Emmaus UK did not act as a custodian trustee during this accounting period.

Statement of responsibilities of the trustees

The trustees (who are also directors of Emmaus UK for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees on 30 June 2023 was 9

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Emmaus UK

Trustees’ annual report

For the year ended 30 June 2023

(2022: 9). The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Auditor

Sayer Vincent LLP has expressed its willingness to continue in that capacity.

The trustees’ annual report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The trustees’ annual report has been approved by the trustees on Thursday 14 December 2023 and signed on their behalf by

Jill Garner Chair of Trustees

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Independent auditor’s report

To the members of

Emmaus UK

Opinion

We have audited the financial statements of Emmaus UK (the ‘charitable company’) for the year ended 30 June 2023 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Emmaus UK's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for

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Independent auditor’s report

To the members of

Emmaus UK

the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

19

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Independent auditor’s report

To the members of

Emmaus UK

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

20

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Independent auditor’s report

To the members of

Emmaus UK

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Fleur Holden (Senior statutory auditor)

5 February 2024

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 110 Golden Lane, LONDON, EC1Y 0TG

21

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 30 June 2023

Total expenditure
2,692,431
Net income / (expenditure) for the year
7
(332,035)
Transfers between funds
Unrestricted
and
Designated
Note
£
Income from:
Donations and legacies
2
1,963,881
Charitable activities
Support to Federation and communities
3
286,921
Interest receivable
4
59,860
Other
49,733
Total income
2,360,396
Expenditure on:
Raising funds
5
460,418
Charitable activities
Support to Federation and communities
5
2,232,013
40,000
(292,035)
3,872,213
3,580,178
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Total expenditure
2,692,431
Net income / (expenditure) for the year
7
(332,035)
Transfers between funds
Unrestricted
and
Designated
Note
£
Income from:
Donations and legacies
2
1,963,881
Charitable activities
Support to Federation and communities
3
286,921
Interest receivable
4
59,860
Other
49,733
Total income
2,360,396
Expenditure on:
Raising funds
5
460,418
Charitable activities
Support to Federation and communities
5
2,232,013
40,000
(292,035)
3,872,213
3,580,178
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 249,355





Restricted
£
2,213,236


2023
Total
£		 2,393,889



Unrestricted
and
Designated
£
239,528




Restricted
£
2,633,416


2022
Total
£
286,921
59,860
49,733


37,500
-
-


324,421
59,860
49,733


175,603
26,422
21,155


55,000
-
-


230,603
26,422
21,155
2,360,396
460,418
2,232,013		 -
288,404



286,855
460,418

2,520,417

2,647,251		 331,211
2,054,596

2,617,069
-

241,765

294,528
331,211

2,296,361

2,911,596
2,692,431 288,404 2,980,835 2,385,807 241,765 2,627,572
(332,035)
40,000		 (1,549)

(40,000)		 (333,584)

-		 231,261

-		 52,763

-		 284,023

-
(292,035)
3,872,213
(41,549)

62,416
(333,584)

3,934,629
231,261

3,640,952

9,653
52,763
3,650,605
284,023
3,580,178
20,867
3,601,045
3,872,213
62,416
3,934,629

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 18a to the financial statements.

22

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Company no. 03422341

Balance sheet

As at 30 June 2023

Fixed assets:
Tangible assets
Social investments: Emmaus Fund
Note
12
13
Net current assets
Total net assets
Total unrestricted funds
Total charity funds
Current assets:
Debtors
14
Short term deposits
Cash at bank and in hand
Liabilities:
Creditors: amounts falling due within one year
15
The funds of the charity:
18a
Restricted income funds
Unrestricted income funds:
Designated funds
General funds
£
134,477
2,805,331
569,807		 2023
£
11,480
669,470		 £
144,207
3,090,541
691,891



 8,479
678,870
2022
£
680,950
2,920,095		 687,349
3,247,281
3,509,615
(589,520)		 3,926,640
(679,359)
2,997,056
583,122		 3,223,637
648,576
3,601,045 3,934,629
20,867
3,580,178		 62,416
3,872,213
3,601,045 3,934,629

Approved by the trustees on Thursday 14 December 2023 and signed on their behalf by

Jill Garner

Chair of Trustees, Emmaus UK

23

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Statement of cash flows

For the year ended 30 June 2023

Net cash (used in) / provided by operating activities
Cash flows from investing activities:
Purchase of fixed assets
Bank and investment interest
Social investment loan
Net cash provided by / (used in) investing activities
Cash flows from financing activities:
Receipt of Emmaus Fund loan repayments
Net cash provided by financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Analysis of cash and cash equivalents
Short term deposits
Cash at bank and in hand
Total cash and cash equivalents
Cash flows from operating activities
Net (expenditure)/income for the reporting period
(as per the statement of financial activities)
Bank and investment interest
Depreciation charges
Increase / (decrease) in debtors
(Increase) / decrease in creditors		 (333,584)
(466,949)
50,255
9,400
9,400
(407,294)
3,782,432
3,375,138
At 1 July 2022
£
3,090,541
691,891
3,782,432
(9,605)
59,860
-
2023
£
£
(59,860)
6,604
9,730
(89,839)		 284,024
395,443
(289,419)
53,200
53,200
159,225
3,623,207
3,782,432
Cash flows
At 30 June
2023
£
£
(285,210)
2,805,331
(122,084)
569,807
(407,294)
3,375,138
(5,840)
26,422
(310,000)
2022
£
£
(26,422)
6,918
(23,373)
154,296
(466,949)
50,255
9,400		 395,443
(289,419)
53,200
9,400 53,200
Cash flows
£
(285,210)
(122,084)
(407,294)
3,782,432		 159,225
3,623,207
3,375,138 3,782,432
At 1 July 2022
£
3,090,541
691,891		 At 30 June
2023
£
2,805,331
569,807
3,782,432 (407,294) 3,375,138

24

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

Emmaus UK is a charitable company limited by guarantee and is incorporated in England and Wales. The registered office address (and principal place of business) is Unit 302 Scott House, The Custard Factory, Gibb Street, Birmingham, B9 4AA.

b) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

The accounts are prepared as full values however are presented to the nearest £1. This may cause small discrepancies in the financial statements.

The charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. This is discussed in the trustees' annual report.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Solidarity grant income is the repayment of grants given to groups and communities when they are in the process of developing. The income is paid into the Emmaus Fund to be re- distributed to groups and communities as a grant or loan.

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

g) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. In exceptional circumstances when a loan is converted to a grant, any outstanding interest will be written of at conversion date.

25

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

The designated Emmaus Fund is held for payments to be made in the future to Emmaus groups and communities, to support Emmaus International movement and development projects at Emmaus UK. The trustees have the power to reallocate such funds within unrestricted funds. Note 18 provides detail on the balances of the designated funds.

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Grants payable

Grants payable are made to third parties in furtherance of the charity's objects. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and that any condition attaching to the grant is outside of the control of the charity. Emmaus UK operates three grants funds: Companion room expansion grants, formerly known as 25th Anniversary Grants, used to increase number of bed spaces across Emmaus communities. Capacity Development Grant, former Legacy fund, used to expand business opportunities. Grants may be funded over varying periods of time, therefore cost and progress is monitored on continuous bases by the Investment Committee. The companion training fund is direct support for companions request for learning and necessary tools to move on.

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

All support and governance costs are allocated to the charitable activity.

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

Rental charges are charged on a straight line basis over the term of the lease.

Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. Major components are treated as a separate asset where they have significantly different patterns of consumption of economic benefits and are depreciated separately over its useful life.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

 Leasehold improvements 4 years straight line

 Office furniture and equipment 4/5 years straight line

 Computers 3 years straight line  Motor vehicles 4 years straight line

26

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

n) Social investments

The Community Investment and Enterprise Loan fund, previously called The Emmaus Fund, is a loan-making fund with the intention of providing funds to support communities to change, grow or survive. Priority is given to communities that are expressly working towards financial self-sustainability. The Investment Committee ensures that decision-making around the distribution of funds and subsequent monitoring is appropriately independent, consistent and transparent. The committee overseas that the governance of loans made by Emmaus UK's social investment partners, providing independent due diligence and appropriate monitoring including quarterly risk review for each investment. In exceptional circumstances The Emmaus Board could convert loans to grants.

o) Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.

p) Short term deposits

Short term deposits includes cash balances that are invested in accounts with a maturity date of between 3 and 24 months.

q) Cash at bank and in hand

Cash at the current bank account, PayPal account and cash in hand are included as cash at bank and in hand.

r) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

s) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

t) Pensions

The company operates a money purchase pension scheme under which the amount charged to the statement of financial activities is the contributions payable in the year. Differences between contributions payable in the year and the contributions paid are shown as either creditors, accruals or prepayments in the balance sheet.

u) Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the statement of financial activities.

Income from donations and legacies
2023 2022
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Donations to Emmaus UK for federation
members - 249,355 249,355 - 239,528 239,528
Donations for Emmaus UK 1,608,374 - 1,608,374 1,546,402 - 1,546,402
Legacies 355,508 - 355,508 847,486 - 847,486
1,963,881 249,355 2,213,236 2,393,889 239,528 2,633,416

27

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

Total income from charitable activities
Bank interest
Loan interest
3
Income from charitable activities
4
Interest receivable
Regional Communication Services
Grants from trusts and foundations
Subscription income from federation
members
Repayment of solidarity grants		 Unrestricted
£
53,125
178,849
54,948
-
Restricted

£




-
37,500
-
-		 2023

Total

£




53,125
216,349
54,948
-

Unrestricted

£




37,500
64,655
54,100
19,348
Restricted

£
-
55,000
-
-

2022
Total
£




37,500
119,655
54,100
19,348
286,921 37,500 324,421 175,603 55,000 230,603
Unrestricted
£
46,642
13,217		 -
-

Restricted

£		 2023

Total

£
46,642
13,217

Unrestricted

£
26,416
6		 -
-

Restricted

£

 2022
Total
£


26,416
6
59,860 - 59,860 26,422 - 26,422

Loan interest includes interest receivable from Social investment in Emmaus communities. Emmaus UK Board decided not to charge the interest on loans during the Covid pandemic in the previous financial year.

28

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

5a Analysis of expenditure (current year)

Support costs
Governance costs
Total expenditure 2023
Staff costs (Note 8)
Agency costs
Marketing costs
Major donor event
Emmaus International participation
Website development
Transfer of donations received on behalf of federation members
Support to federation members
Grants paid out of Companion Room Expansion Grant (Note 6)
Grants paid out of Community development Grant (Note 6)
Grant paid out of Community and Enterprise Loan Fund (Note 6)
Grants paid out of Environmental Fund (Note 6)
Transfer of trust income received on behalf of federation members
Other direct costs
National Assembly, Travel, Mobile phones and data cost
Trustee meetings, expenses, training and insurance
Premises and office administration
Financial processing and insurance, including audit fee
Recruitment
Other
Depreciation
Professional fees		 229,195
-
167,654
10,273
-
-
-
-
-
-
-
-
-
-
967
-
-
23,706
15,959
-
-
1,674
Raising
funds
£		 Charitable
activities		 83,050
-
-
-
-
-
-
-
-
-
-
-
-
4,424
967
3,089
-
-
31,534
2,578
-
-
Governance
costs
£		 165,040
32,694
-
-
-
-
-
-
-
-
-
-
-
-
3,452
-
104,081
37,891
16,571
-
6,604
-
Support
costs
£		 87,104
32,694
83,900
10,273
12,000
43,967
56,943
21,731
-
15,183
-
38,193
-
52,190
62,615
3,089
04,081
61,597
64,064
14,040
6,604
10,567
1,1
1
2
2
3
3
1
2023
Total
£
709,819
-
16,246
-
12,000
43,967
256,943
221,731
-
315,183
-
338,193
-
47,766
57,229
-
-
-
-
11,462
-
8,893
Support to
federation
and
communities
£
449,428
10,990
-		 2,039,432
355,343
125,642		 125,642
-
(125,642)		 366,333
(366,333)
-		 2,980,835
-
-
460,418 2,520,417 - - 2,980,835

29

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK Notes to the financial statements

For the year ended 30 June 2023 6 Grant making (current year)

e year ended 30 June 2023
Grant making (current year)
Cost
Grants made from Community and Enterprise Investment Loan Fund (formerly Emmaus Fund)
Emmaus Bradford
The Emmaus UK Board issued the loan to Emmaus Bradford at 4% interest payable after March 2023.
Grants made from Companion room expansion grants (formerly 25th Anniversary Fund)
Emmaus Bradford
Emmaus Suffolk
Emmaus Leeds
Grants made from Environmental Fund
Emmaus Glasgow
Emmaus Lambeth
Emmaus Village Carlton (Turvey)
Emmaus North East
Emmaus Mossley
Emmaus Suffolk
Emmaus Merseyside
Emmaus Cambridge
Emmaus Hertfordshire (St Albans)
Emmaus Salford
Emmaus Brighton
Emmaus Bolton
Emmaus Hastings and Rother
Emmaus Bradford
Emmaus Dover
Emmaus Coventry & Warwickshire
Emmaus Bristol
At the end of the year
Grants made from Capacity Development Grants (formerly Legacy Fund)
Emmaus Leicester and Rutland
Emmaus North East
Emmaus Oxford
Emmaus Suffolk
Emmaus Merseyside
Emmaus Brighton
Emmaus South Manchester
Emmaus Bradford
Emmaus Glasgow
Emmaus Norfolk
Emmaus North Staffordshire
Emmaus Salford		 2023
£
-
2022
£

310,000
-
-
-
-
310,000
100,000
30,000
35,000
-
7,500
73,617
81,563
57,700
25,000
46,803
23,000
-
-
-
-
-
165,000
-
-
-
-
-
40,000
39,000

10,000
19,000

50,000

51,486

40,000
315,183
9,276
14,573
36,500
8,376
24,000
11,570
35,000
18,327
35,819
1,750
41,302
9,871
24,000
6,000
27,329
5,000
29,500
249,486

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-
338,193
-
653,376 724,486

30

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

This is stated after charging:

This is stated after charging:
2023 2022
£ £
Depreciation 6,606 6,917
Operating lease rentals payable:
Property 40,185 43,704
Auditor's remuneration (excluding VAT):
Audit 10,300 9,275
Other services 950 6,972

8 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Redundancy and termination costs
Social security costs
Employer’s contribution to defined contribution pension schemes
Other forms of employee benefits		 2023
£
983,080
36,227
101,409
45,988
20,400
2022
£
920,378
-
77,126
45,585
24,684
1,187,104 1,067,774

Other forms of employee benefits include travelling, subsistence and personal development costs.

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

£60,000 - £69,999
£90,000 - £99,999		 2023
No.
-
1		 2022
No.
1
-

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £232,823 (2022: £262,298).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2023: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £625 (2022: £1045) incurred by 6 (2022: 8 ) members relating to attendance at meetings of the trustees.

9 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 30 (2022: 34).

Staff are split across the activities of the charity as follows (full time equivalent basis):

Raising funds
Charitable activities
Support and governance		 4.3
16.6
5.8
2023
No.		 6.0
17.0
5.0
2022
No.
26.7 28.0

31

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

10 Related party transactions

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

The repayment of the solidarity grants have been recognised as income from charitable activities (Note 3), rather than as donations, and these have been included within the designated Emmaus Fund.

Grants and Loans were made to the following communities, which have trustees in common with Emmaus UK during this year:

Emmaus Glasgow
Emmaus Hastings and Rother
Emmaus Merseyside
Emmaus Mossley
Emmaus North East
Emmaus Norfolk
Emmaus Bolton		 2023
2022
£
£
9,276
19,000
24,000
-
60,000
-
24,000
-
81,993
-
50,000
9,871
-
209,140
69,000

11 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

Tangible fixed assets
Cost
At the start of the year
Additions in year
Write off of assets no longer in use
At the end of the year
At the end of the year
Net book value
At the end of the year
At the start of the year
Depreciation
At the start of the year
Charge for the year
Eliminated on write off assets no longer in use		 Leasehold
improvements
£
6,245
-
(6,245)		 Fixtures and
fittings

£

49,180

2,896

-

Computer
equipment

£

61,415

6,709

-		 Total

£

116,841

9,605

(6,245)
- 52,076 68,124 120,201
6,245
-
(6,245)


49,180
404
-


52,937
6,200
-


108,362
6,604
(6,245)
-
49,584
59,137
108,721
-
2,492
8,987
11,480
-
-
8,479
8,479

All of the above assets are used for charitable purposes.

Balance at the end of the year
Balance at the beginning of the year
Loans repaid during the year
Reclassification to a grant
Loan issued in the year		 669,470
678,870
2023
£
2022
£
678,870
(9,400)
-
-
422,070
(53,200)
-
310,000

The Investment Committee decides upon the interest rate charged; this can vary from nil, 1% or 4% on case by case basis. No new loans have been issued for 2022/23. In 2021/22 one loan for £310,000 was issued and paid to Emmaus Bradford, secured against the property which was purchased with these funds.

Loans of £300,000 for Emmaus Norfolk and £20,000 for Emmaus Bradford were committed but not drawn down for 2022/23. These loan commitments remain unchanged from the previous financial year.

32

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

14
Debtors
15
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Grants payable
Other creditors
Accruals
Deferred income (note 16)
Trade debtors
Other debtors
Prepayments
Accrued income (including gift aid tax recoverable)		 2023
£
134,477
2023
£
73,806
27,794
416,694
14,725
53,160
3,341
50,879
4,043
46,960
32,596






2022
£
54,385
983
54,404
34,435
144,207
2022
£
103,655
24,776
362,363
110,836
73,081
4,646
589,520 679,359
Balance at the end of the year
Analysis of net assets between funds (current year)
Analysis of net assets between funds (prior year)
Net assets at 30 June 2023
Net assets at 30 June 2022
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Tangible fixed assets
Social investments
Net current assets
Tangible fixed assets
Social investments
Net current assets		 General
unrestricted
£
11,480
-
571,642

Designated

£



-
669,470
2,327,586		 2023
£
4,646
(4,646)
3,341
2022
£
22,500
(22,500)

4,646
3,341 4,646

Restricted

£



-
-
20,867
Total funds

£



11,480
669,470
2,920,095
583,122 2,997,056 20,867
3,601,045
General
unrestricted
£
8,479
-
640,097

Designated

£



-
678,870
2,544,767
Restricted

£



-
-
62,416
Total funds

£



8,479
678,870
3,247,280
648,576 3,223,637 62,416
3,934,629

17a Analysis of net assets between funds (current year)

17b Analysis of net assets between funds (prior year)

33

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

18a Movements in funds (current year)

e year ended 30 June 2023
Movements in funds (current year)
Note
Restricted funds:
Communities
Emmaus Bolton
Emmaus Bristol
Emmaus Burnley
Emmaus Brighton & Hove (Sussex)
Emmaus Cambridge
Emmaus Colchester
Emmaus Coventry & Warwickshire
Emmaus Dover
Emmaus Glasgow
Emmaus Gloucestershire
Emmaus Greenwich
Emmaus Hampshire
Emmaus Hastings and Rother
Emmaus Hertfordshire (St Albans)
Emmaus Hull & East Riding
Emmaus Lambeth
Emmaus Leeds
Emmaus Leicestershire and Rutland
Emmaus Merseyside
Emmaus Medway
Emmaus Mossley
Emmaus Oxford
Emmaus North East
Emmaus Norfolk and Waveney
Emmaus Preston
Emmaus Salford
Emmaus Sheffield
Emmaus South Manchester
Emmaus South Wales (Bridgend)
Emmaus Village Carlton (Turvey)
Other restricted funds
The Broyst Foundation
a
Anon
b
Aldo Trust
c
Smallwood Trust
d
Persula Foundation
e
Alfred and Dorothy Shorney Memorial Trust
f
Barratt Foundation
g
Ukraine appeal
h
Companion training fund
i
Beatrice Laing Trust
j
Covid Appeal
k
Total restricted funds
Affiliated Groups
Emmaus Bradford
Emmaus Cornwall
Emmaus Rugby
Emmaus Staffordshire
Emmaus Suffolk (Ipswich)
Emmaus Manchester		 At 1 July 2022
£
60
84
120
(19)
1,028
5
298
-
60
(60)
40
303
26
36
-
(200)
1,076
20
(25)
1
(40)
750
-
(140)
(175)
13
118
289
653
1
Income &
gains

£

7,204

2,638

8,235

1,678

44,948

6,121

6,046

1,220

4,278

12,056

9,214

4,075

5,531

5,860

9,443

7,588

21,725

2,921

11,821

-

5,174

11,792

4,779

16,094

5,524

6,940

2,615

1,816

6,292

9,000

Expenditure &
losses

£

(7,847)

(2,640)

(6,279)

(1,755)

(44,091)

(6,175)

(6,114)

(1,214)

(3,958)

(12,198)

(9,179)

(4,046)

(5,484)

(6,661)

(9,438)

(7,646)

(21,610)

(2,921)

(11,948)

-

(5,844)

(11,749)

(4,781)

(16,193)

(5,504)

(7,627)

(2,596)

(2,445)

(6,283)

(8,991)

Transfers

£

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-
At 30 June
2023

£

(584)

81

2,076

(97)

1,885

(50)

230

6

380

(203)

75

331

73

(765)

5

(258)

1,191

20

(152)

1

(710)

793

(2)

(239)

(155)

(674)

137

(339)

661

9
4,319
150
-
101
13
(8)
-		 242,625

3,767

2,125

-

637

7,183

2,615		 (243,216)

(3,793)

(2,100)

-

(641)

(7,192)

-		 -

-

-

-

-

-

-		 3,727

123

25

101

9

(17)

2,615
6
500
1,058
2,657
2,000
2,000
40,000
5,843
3,780
-
257
-

-

2,000

-

-

-

-

619

100

25,000
184

16,327
-

-

-

-

-

-

-

(6,462)

-

(25,000)


(13,727)
-

-

-

-

-

-

(40,000)

-

-

-
-

-
6

500

3,058

2,657

2,000

2,000

-

-

3,880

-

184

2,855
57,843 27,903 (31,462) (40,000) 14,285
62,416 286,855 (288,404) (40,000) 20,867

The transfer of £40,000 above is a reclassification of a restricted donation for companion room expansion grants to a donation designated for use in the environment fund. This reallocation was agreed with the Barratt Foundation.

34

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

18a Movements in funds (current year) (continued)

Total designated funds
General funds
ag
Total unrestricted funds
Total funds
Unrestricted funds:
Existing Designated funds:
Community and Enterprise Investment Loan Fund
l
Capacity development grants
m
Companion room expansion grant
n
Business planning and development
o
Safeguarding consultancy
p
Strength based approach
q
Strategic plan
r
Recycling and environmental initiatives
s
Base Grants ( Emmaus UK)
t
Mentoring, evaluation and reasearch
u
Fedration training, development and wellbeing
v
IT infrastructure and digital development
w
EUK Future Developments
IT Infrastructure
x
Fundraising and Brand Development
y
Federation Development
z
People and EDI
aa
Federation-Facing Funds
Companion Training and Wellbeing
ab
Environment fund
ac
Build Your Community
ad
Build Your Companion Offer
ae
Build Your Social Enterprise
af
Note		 1,112,740
640,468
525,990
126,635
18,500
50,000
100,000
19,874
50,591
75,000
90,000
200,000
-
-
-
-
-
213,839
-
-
-
At 1 July 2022
£		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Income &
gains
£
-
292,563
-
-
-		 -
(315,183)
-
(23,400)
-
(10,778)
-
-
(5,000)
(3,802)
-
-
-
-
-



Expenditure &
losses
£
-
(338,193)
-
-
-		 215,000
213,211
340,000
110,000
(115,000)
(325,285)
(525,990)
(103,235)
(18,500)
(39,222)
(100,000)
(19,874)
(45,591)
(75,000)
(86,198)
(200,000)



Transfers
£
50,000
(85,000)
493,948
246,974
246,974		 997,740
-
-
-
-
-
-
-
-
-
-
-
215,000
213,211
340,000
110,000


At 30 June
2023
£
50,000
83,209
493,948
246,974
246,974
3,223,637 292,563 (696,357) 177,213 2,997,056
648,576 2,067,836 (1,996,077) (137,213) 583,122
3,872,213 2,360,399 (2,692,434) 40,000 3,580,178
3,934,629 2,647,254 (2,980,838) () 3,601,045

The transfers shown above are as a result of a review to rationalise and reorganised designated funds. The purpose of this is to:

a) To create 'Federation-Facing Funds' that are fit for purpose and meet the needs of federation members.

b) To create funds fully aligned to strategic objectives and delivery plans for 'EUK Future Developments' and future projects.

35

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

18b Movements in funds (prior year)

e year ended 30 June 2023
Movements in funds (prior year)
Income & Expenditure & At 30 June
Note At 1 July 2021 gains losses Transfers 2022
£ £ £ £ £
Restricted funds:
Communities
Emmaus Bolton - 8,287 (8,227) - 60
Emmaus Bristol 84 4,138 (4,138) - 84
Emmaus Burnley 1 1,807 (1,688) - 120
Emmaus Brighton & Hove (Sussex) 6 3,993 (4,018) - (19)
Emmaus Cambridge 1 38,557 (37,530) - 1,028
Emmaus Colchester - 3,430 (3,425) - 5
Emmaus Coventry & Warwickshire - 9,136 (8,838) - 298
Emmaus Dover - 862 (862) - -
Emmaus Glasgow - 11,089 (11,029) - 60
Emmaus Gloucestershire - 7,583 (7,643) - (60)
Emmaus Greenwich - 4,142 (4,102) - 40
Emmaus Hampshire 103 11,330 (11,130) - 303
Emmaus Hastings and Rother 26 5,271 (5,271) - 26
Emmaus Hertfordshire (St Albans) 166 3,562 (3,692) - 36
Emmaus Hull & East Riding - 6,318 (6,318) - -
Emmaus Lambeth - 5,318 (5,518) - (200)
Emmaus Leeds 1,211 13,703 (13,838) - 1,076
Emmaus Leicestershire and Rutland - 4,662 (4,642) - 20
Emmaus Merseyside - 4,077 (4,102) - (25)
Emmaus Medway 1 - - - 1
Emmaus Mossley - 7,020 (7,060) - (40)
Emmaus Oxford 750 11,452 (11,452) - 750
Emmaus North East - 4,664 (4,664) - -
Emmaus Norfolk and Waveney - 8,912 (9,052) - (140)
Emmaus Preston 10 5,809 (5,994) - (175)
Emmaus Salford 33 6,528 (6,548) - 13
Emmaus Sheffield 88 3,246 (3,216) - 118
Emmaus South Manchester 289 278 (278) - 289
Emmaus South Wales (Bridgend) 453 6,988 (6,788) - 653
Emmaus Village Carlton (Turvey) 1 9,564 (9,564) - 1
3,220 211,727 (210,628) - 4,319
Affiliated Groups
Emmaus Bradford 100 6,852 (6,802) - 150
Emmaus Cornwall - 13,383 (13,383) - -
Emmaus Rugby 101 - - - 101
Emmaus Staffordshire 13 45 (45) - 13
Emmaus Suffolk (Ipswich) - 10,901 (10,908) - (8)
215 31,180 (31,137) - 257
Other restricted funds
The Broyst Foundation a 6 - - - 6
Anon b 500 - - - 500
Aldo Trust c 1,058 - - - 1,058
Smallwood Trust d 2,657 - - - 2,657
Persula Foundation e 2,000 - - - 2,000
Alfred and Dorothy Shorney Memorial Trust f - 2,000 2,000
Barratt Foundation g 2,000 40,000 - - 42,000
Ukraine appeal h - 5,843 - - 5,843
Companion training fund i - 3,780 - - 3,780
8,221 51,622 - - 57,843
Total restricted funds 11,654 294,528 (241,765) - 62,416

36

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

18b Movements in funds (prior year) (continued)

Total designated funds
General funds
ag
Total unrestricted funds
Total funds
Unrestricted funds:
Note
Designated funds:
Community and Enterprise Investment Loan Fund
l
Capacity development grants
m
HR project
ah
IT project
ai
Business planning and development
o
Safeguarding consultancy
p
Strength based approach
q
Environment fund (Enviroment audit)
ac
Strategic plan
r
IT tender
aj
Women's Group
ak
Recycling and environmental initiatives
s
Base Grants ( Emmaus UK)
t
Companion training fund
x
Companion room expansion grant
n
Emergency fund
al
Equipment for companions
am
Federation Health and safety
an
Mentoring, evaluation and research
u
Fedration training, development and wellbeing
v
IT infrastructure and digital development
w		 At 1 July 2021
£
1,093,385
389,954
-
45,852
215,000
50,000
30,000
75,000
100,000
50,000
15,000
19,874
50,591
15,740
621,836
500,000
25,000
14,200
-
-
-		 19,355
-
-
-
-
-
-
-
-
-
-
-
-
-
157,993
-
-
-
-
-
-























Income &
gains
£




















-
(249,486)
-
(45,852)
(136,722)
(31,500)
(14,603)
-
-
-
-
-
-
(15,740)
(165,000)
-
-
(14,200)
-
-
-



Expenditure &
losses
£




















-
500,000
-
-
48,357
-
34,602
138,839
-
(50,000)
(15,000)
-
-
-
(88,839)
(500,000)
(25,000)
-
75,000
90,000
200,000



Transfers
£




















1,112,740
640,468
-
-
126,635
18,500
50,000
213,839
100,000
-
-
19,874
50,591
-
525,990
-
-
-
75,000
90,000
200,000


At 30 June
2022
£
3,311,433 177,348
(673,103)
407,959
3,223,637
329,519 2,439,720
(1,712,704)
(407,959)
648,576
3,640,951 2,617,068
(2,385,807)
-
3,872,213
3,652,605 2,911,596 (2,627,572) - 3,934,629

Purposes of restricted funds

The Broyst Foundation contributed to the training fund for companions. Campaign specific online donations launched to help Emmaus companions in communities with training and development

Campaign specific online donations launched to help Emmaus companions in communities with training and development

Smallwood Trust contributed to research and analyse provision for homeless women.

Restricted fund towards companion training.

Restricted fund towards companion training.

Corporate donation made for use in the environment fund. Restricted donations made for appeal to help those affected by the war in Ukraine

Donations made for the training fund for companions.

Beatrice Laing fund contributed towards salary of business development team. Restricted donation made for to help those affected by Covid.

37

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023
Purposes of designated funds
l Community and enterprise investment loan fund
(Emmaus Fund)		 See note 6
m Capacity development grants Provides grants to support communities aand groups with specific capacity
development needs. See note 6
n Companion room expansion grant Funding to increase number of companion rooms that are available within
communities
o Business planning and development This project is created as part of strategic planning, gender equality research
p Safeguarding consultancy Research into safeguarding policies and implementation
q Strength based approach Monitoring and availabition project based on companion strengths.
r Strategic plan Monitoring, coordination and evaluation of the strategic plan 2020-2025
s Recycling and environmental initiatives Funding initiatives towards recycling and environmental improvements. In
memory of Colleague
t Base Grants ( Emmaus UK) Funding for new models of social enterprises.
u Mentoring, evaluation and reasearch Support the impact of development framework and participation in research
projects outside Emmaus.
v Fedration training, development and wellbeing Funds costs for externally provided federation wide training.
w IT infrastructure and digital development This fund is for IT systems projects that support advancements of key strategic
priorities for the federation.
x IT Infrastructure This fund is for IT systems projects that support advancements of key strategic
priorities for the federation.
This fund is to expand the resourcing and scope of fundraising activities in
y Fundraising and Brand Development order to generate long term sustainable revenue growth and to review and
refresh the Emmaus Brand.
This fund is to enable delivery of key cross-federation projects to enhance
z Federation Development collaboration, develop service quality provided to companions and drive growth
and diversification.
aa People and EDI This fund is for investment in EUK staff wellbeing and development and
embedding of people and EDI strategy.
ab Companion Training and Wellbeing Designated fund to support training and development opportunities for
This fund seeks to improve the federation’s environmental impact by funding
ac Environment fund energy saving initiatives that help communities to lower the bills as the effects
of the cost-of-living crisis are felt. It is funded with corporate donations.
This funds grants for capital projects relating to companion accommodation
ad Build Your Community that add, repurpose or significantly alter accommodation for companions, or
improve their living experience within the community
ae Build Your Companion Offer This funding stream offers grants towards salary and equipment projects to
develop companion facing work.
af Build Your Social Enterprise This funding stream offers grants towards salary and equipment projects to
develop, strengthen or trial new social enterprise work.
The general fund incorporates a reserve being approximately equivalent to 3
ag General fund months' operating costs.
ah HR project Project now closed. In 2019/20 it was used to strengthen and maximise the
potential of our existing staff teams and to streamline our recruitment process.
Emmaus UK funded communities IT equipment and network development and
ai IT project maintenance.Will contribute towards development of CRM system and
improving our IT infrastructure.
aj IT tender Consultancy support for tendering for IT services
ak Women's Group Project to explore female access to services
al Emergency fund Designated to support communities through Covid-19 pandemic
am Equipment for companions Designated for IT equipment to support companions engagement with training
and the peer group
an Federation Health and safety Designated to support communities with Health and Safety advice and

38

DocuSign Envelope ID: 2D76DE76-9CC2-4E34-8984-EBAFD52E779D

Emmaus UK

Notes to the financial statements

For the year ended 30 June 2023

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods

Less than one year Property
2023
2022
£
£
28,014
35,471		 Property
2023
2022
£
£
28,014
35,471
28,014 35,471

At the balance sheet date, the charity had no capital commitments (2022: none).

21 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

39