2021-06-30-accounts - Emmaus Greenwich

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			Page
Reference and administrative		details ofthe Charity, its Trustees and advisers
Trustees' report
Independent auditor's	report	on the financial statements	10 - 13
Statement offinancial	activities		14
Balance sheet
Statement ofcash flows			16
Notes to the financial	statements		17-31

				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
			Note	2021 5	2021 6	2021	2020f
Income from:
Donations and	legacies			9,221	1,180,786	1,190,007	221,100
Charitable activities					706,704	706,704	774,378
Investments					5,615	5,615	282
Total income				9,221	1,893,105	1,902,326	995,750
Expenditure on:
Charitable activities			6,7	9,089	888,524	897,613	845,721
Net income				132	1,004,581	1,004,713	150,039
Transfers between		funds	16	(9,350)	9,350
Net movement	in	funds		(9,218)	1,013,931	1,004,713	150,039
Reconciliation	of	funds:
Total funds brought		forward		16,117	1,338,986	1,355,103	1,205,064
Net movement	in funds			(9,218)	1,013,931	1,004,713	150,039
Total funds carried forward				6,899	2,352,917	2,359,816	1,355,103

					2021		2020
			Note		6
Fixed assets
Tangible assets			10		1,120,810		1,176,341
					1,120,810		1,176,341
Current assets
Stocks			11	1,224		1,967
Debtors			12	288,937		56,219
Investments			13	510,394
Cash at bank and	in hand			802,363		499,821
				1,602,918		560,007
Creditors: amounts	falling	due within one
year			14	(124,887)		(127,716)
Net current assets					1,478,031		432,291
Total assets less	current	liabilities			2,598,841		1,606,632
Creditors: amounts	falling	due after more
than one year					(239,025)		(253,529)
Total net assets					2,359,816		1,355,103
Charity funds
Restricted funds			16		6,899		16,117
Unrestricted funds			16		2,352,917		1,338,986
Total funds					2,359,816		1,355,103

Forthe year ended 30Jun		e 2021
					2021	2020
Cash flows from operating		activities
Net cash used in operating	activities (Note			18)	844,895	250,958
Cash flows from investing		activities
Purchase oftangible fixed assets					(21,387)	(451,259)
Net cash used in investing		activities			(21,387)	(451,259)
Cash flows from financing		activities
Cash inflows from new borrowing						266,000
Repayments of borrowing					(10,572)	(1,863)
Net cash (used in)/provided		by financing		activities	(10,572)	264,137
Change in cash and cash		equivalents	in	the year	812,936	63,836
Cash and cash equivalents		at the beginning		ofthe year	499,821	435,985
Cash and cash equivalents		at the end	of	the year	1,312,757	499,821

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021 F	2020f
Donations			1,071,174	1,071,174	19,520
Grants		9,221	9,162	18,383	139,804
Government	grants		100,450	100,450	61,776
		9,221	1,180,786	1,190,007	221,100
Total 2020		139,804	81,296	221,100

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			F	5
Trading	income		380,757	380,757	473,379
Accomodation		receipts	314,572	314,572	300,999
Other income			11,375	11,375
			706,704	706,704	774,378
Total2020			774,378	774,378

5.	Investment income
	Rental income
	Interest received

Unrestricted	Total	Total
funds	funds	funds
2021f	2021 F	2020
4,900	4,900
715	715	282
5,615	5,615	282
282	282

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2021	2021 F	2021 6	2020f
Charitable	activities	9,089	888,524	897,613	845,721
Total 2020		41,122	804,599	845,721

		Direct	Support	Total	Total
		costs	costs	funds	funds
		2021	2021	2021	2020
		E	6
Charitable	activities	255,786	641,827	897,613	845,721
Total 2020		277,597	568,124	845,721
Analysis ofdirect costs

		Total	Total
		funds	funds
		2021	2020
		6	6
Weekly allowances		71,099	83,511
Food and sundries		14,921	23,034
Direct companion	expenses	44,158	36,749
Counselling		2,215	4,950
Rent, rates and water		64,961	52,900
Diret shop costs		48,528	71,903
Loan interest payable		9,904	4,550
		255,786	277,597

Analysis ofexpenditure	Analysis ofexpenditure	Analysis ofexpenditure	by activities (continued)	by activities (continued)	by activities (continued)
Analysis ofsupport		costs
					Total	Total
					funds	funds
					2021f	2020f
Staff costs					357,953	311,189
Depreciation					46„410	40,665
Management	and administration				50,647	46,274
Premises expenses					67,562	66,115
Solidarity					22,216	30,362
Accounting	fees				5,665	17,452
Auditors' remuneration					2,001	6,100
Legal and professional		fees			2,874	568
Repairs and	Maintenance				86,499	49,399
					641,827	568,124
Staff costs
					2021f	2020 F
Wages and	salaries				321,452	282,410
Social security costs					25,437	18,911
Pension costs					11,064	9,868
					357,953	311,189
The average	number	of	persons	employed	by the Charity during the year was as follows:

	Freehold	Motor	Fixtures and
	property 5	vehicles 5	fittings 6	Totalf
Cost orvaluation
At 1 July 2020	1,540,245	54,542	97,849	1,692,636
Additions	15,963		8,613	24,576
Disposals	(33,607)		(90)	(33,697)
At 30June 2021	1,522,601	54,542	106,372	1,683,615
Depreciation
At 1 July 2020	386,263	43,786	86,246	516,295
Charge for the year	34,113	5,744	6,553	46,410
At 30June 2021	420,376	49,530	92,799	562,705
Net book value
At 30June 2021	1,102,225	5,012	13,573	1,120,810
At 30June 2020	1,153,982	10,756	11,603	1,176,341

2021	2020
6	6
1,224	1,967

Notes	tothe financial statements	tothe financial statements	tothe financial statements
Forthe year ended		30June 2021
12.	Debtors
					2021	2020
						F
	Due within one year
	Trade debtors				7,080	4,077
	Other debtors				240,275	9,034
	Prepayments	and accrued income			34,943	33,345
	Tax recoverable				6,639	4,475
	Grants receivable					7,288
					288,937	58,219
13.	Current asset investments
					2021	2020
					6	6
	Unlisted investments				510,394
14.	Creditors: Amounts		falling due within one year
					2021f	2020 F
	Bank loans				14,540	10,608
	Trade creditors				53,527	64,515
	Other taxation	and social security			10,889	6,065
	Other creditors				21,971	19,200
	Accruals and deferred		income		23,960	27,028
					124,887	127,716
15.	Creditors: Amounts		falling due after more than one year
					2021	2020
						6
	Bank loans				239,025	253,529
	The bank loan	is secured against one ofthe Charity's		freehold properties.

Statement offund	s	- current	year
							Balance at
			Balance at 1			Transfers	30June
			July 2020 F	Income	Expenditure 6	inlout 6	2021 6
Unrestricted funds
Designated funds
Community Premises		and
Expansion Repairs		Fund	100,000			300,000	400,000
General funds
General Funds			1,238,986	1,893,105	(888,524)	(1,411,460)	832,107
Fixed Asset Fund						1,120,810	1,120,810
			1,238,986	1,893,105	{888,524)	(290,650)	1,952,917
Total Unrestricted	funds		1,338,986	1,893,105	(888,524)	9,350	2,352,917
Restricted funds
Barbon 'SOFA Carry'		Event	4,931				4,931
Emmaus UK Companion
Training Fund			4,716	5,957	(5,044)	(3,661)	1,968
Social Investment	Business
Fund				3,264	(3,264)
eBay Charity Connect		Fund	5,689			{5,689)
Other Restricted Funds			781		(781)
			16,117	9,221	(9,089)	(9,350)	6,899
Total offunds			1,355,103	1,902,326	(897,613)		2,359,816

							Balance at
			Balance at			Transfers	30June
			1 July 2019	Income	Expenditure	in/out	2020
			6			6	F
Unrestricted funds
Designated funds
Community Premises	and
Expansion Repairs	Fund		100,000				100,000
General funds
General Funds			1,097,629	855,956	(804,599)	90,000	1,238,986
Total Unrestricted funds			1,197,629	855,956	(804,599)	90,000	1,338,986
Restricted funds
Barbon 'SOFA Carry'	Event		4,931				4,931
Emmaus UK Companion
Training Fund			2,504	4,154	(1,942)		4,716
Residential Property	Fund			90,000		(90,000)
Building Redevelopment		Fund		23,029	(23,029)
Social investment Business
Fund				4,325	(4,325)
eBay Charity Connect Fund				5,689			5,689
Other Restricted Funds				12,607	(11,826)		781
			7,435	139,804	(41,122)	(90,000)	16,117
Total offunds			1,205,064	995,760	(845,721)		1,355,103

Summary	offunds - cur	rent year
						Balance at
		Balance at 1			Transfers	30June
		July 2020	Income	Expenditure	in/out	2021
		K	6	5	5	E
Designated	funds	1OO„OOO			300,000	400,000
General funds		1,238.986	1,893,105	(888,524)	(290,650)	1,952,917
Restricted	funds	16,117	9,221	(9,089)	(9,350)	6,899
		1,355,103	1,902,326	(897,613)		2,359,816

						Balance at
		Balance at			Transfers	30June
		1 July 2019	Income	Expenditure	in/out	2020
			F	F
Designated	funds	100,000				100,000
General funds		1,097,629	855,956	(804,599)	90,000	1,238,986
Restricted	funds	7,435	139,804	(41,122)	(90,000)	16,117
		1,205,064	995,760	(845,721)		1,355,103

			Restricted	Unrestricted	Total
			funds	funds	funds
			2021	2021	2021
			F	F.	F
Tangible	fixed	assets		1,120,810	1,120,810
Current	assets		6,899	1,596,019	1,602,918
Creditors	due	within one year		(124,887)	(124,887)
Creditors	due	in more than one year		(239,025)	(239,025)
Total			6,899	2,352,917	2,359,816

Analysis	of n	et assets between funds - prior ye	ar
			Restricted	Unrestricted	Total
			funds	funds	funds
			2020	2020	2020
			F	5	5
Tangible	fixed	assets		1,176,341	1,176,341
Current	assets		16,117	543,890	560,007
Creditors	due	within one year		(127,716)	(127,716)
Creditors	due	in more than one year		(253,529)	(253,529)
Total			16,117	1,338,986	1,355,103

						2021	2020
	Net income	for the year (as per Statement			of Financial Activities)	1,004,713	150,039
	Adjustments	for:
	Depreciation	charges				46,410	40,665
	Loss on the	sale offixed assets				34,597
	Decrease in	stocks				743	1,068
	Decrease/(increase)		in debtors			(234,379)	9,272
	Increase/(decrease)		in creditors			(2,940)	49,914
	Net cash provided		by operating	activities		849,144	250,958
20.	Analysis of	cash and cash equivalents

		2021	2020
			6
Cash	in hand	1,312,757	499,821
Total	cash and cash equivalents	1,312,757	499,821

cancellable	o	perating leases as follows:
			2021	2020
			F.	5
Not later than		1 year	25,000	25,000
Later than	1 year and not later than 5years		75,000	100,000
			100,000	125,000