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2021-10-31-accounts

Registered number: 03422363 Charity number: 1064473

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2021

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1 - 2
Trustees' Report 3 - 11
Independent Auditors' Report 12 - 16
Consolidated Statement of Financial Activities 17
Consolidated Balance Sheet 18
Charity Balance Sheet 19
Consolidated Statement of Cash Flows 20
Notes to the Financial Statements 21 - 37

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 OCTOBER 2021

Emmaus Cambridge Council (Trustees)

Dr C A Cornish Ms A Davis (appointed 18 October 2021) Mr J Dawson Mr W Erby Mr J Humpston (appointed 5 May 2022) Mr M G Last (resigned 19 May 2022) Ms L E Matheson Ms J May Mr J W Murphy Ms C Nicol (appointed 18 August 2021) Ms H M Renfrew Knight Ms J Rippeth Dr P J F Summerfield (resigned 7 March 2022)

Company registered number

03422363

Charity registered number

1064473

Registered office

Green End Landbeach Cambridge Cambridgeshire CB25 9FD

Community Director (CEO)

Ms D Docherty

Independent auditors

Lakin Rose Limited Chartered Accountants Statutory Auditors Pioneer House Vision Park Histon Cambridge CB24 9NL

Page 1

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Bankers

CAF Bank Limited Kings Hill West Malling Kent ME19 4JQ Cambridge Building Society PO Box 232 51 Newmarket Road Cambridge CB5 8FF

Triodos Bank NV Deanery Road Bristol BS1 5AS

Virgin Money Jubilee House Gosforth Newcastle upon Tyne NE3 4PL

Unity Trust Bank plc Four Brindley Place Birmingham B1 2JB

Page 2

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

TRUSTEES' REPORT FOR THE YEAR ENDED 31 OCTOBER 2021

The Trustees present their Annual Report together with the audited financial statements of the Charity for the year 1 November 2020 to 31 October 2021. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Group and the Charity qualify as small under section 383 of the Companies Act 2006, the Group Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Constitution

The Charity is constituted under a Memorandum of Association dated 20 August 1997 and is a registered charity number 1064473.

Our Vision

A world in which everyone has a home and a sense of belonging.

Our Mission

Emmaus Cambridge is committed to working as a community, sharing a life where everyone is treated equally, and living in harmony with dignity by helping those less fortunate than ourselves.

Our Strategic Priorities (which are set in line with the Emmaus UK Federation Plan) are to:

  1. Help more people by:

  2. Working with companions to help them realise their aspirations and full potential

  3. Delivering a wide range of activities to address social exclusion

  4. Secure sustainability for our community by:

  5. Increasing income and surplus to ensure sustainability

  6. Building an environmentally focused and active organisation

  7. Demonstrating organisational sustainability and ethical practice

  8. Support the Emmaus Federation by:

  9. Demonstrating unity and working together with other Emmaus communities for mutual benefit

  10. Promoting who we are, what we do, why and how we do it as part of the wider Emmaus movement

Page 3

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Objectives and activities

a. Policies and objectives

In setting objectives and planning for activities, the Trustees have given due consideration to guidance published by the Charity Commission relating to public benefit, and in particular to its supplementary public benefit guidance. The objects of the charity are the alleviation of homelessness and relief of poverty, hardship and the distress they cause to those in need. Our strategic plan runs from 2021 to 2026. Our overarching aims are to:

Work with companions to realise their aspirations and potential by:

Deliver a wider range of activities to address social exclusion by:

Operate a range of social enterprises to provide financial sustainability by:

Build an environmentally focused and active organisation by:

Demonstrate organisational sustainability and ethical practice by:

Demonstrate solidarity with the UK Federation and working together for mutual benefit by:

Promote who we are, what we do, why and how we do it by:

Page 4

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Objectives and activities (continued)

b. Solidarity

Previously the trustees had agreed a nominal target for solidarity contributions of the equivalent of 10% of trading income. In line with the strategy above. We have not been able to sustain this during the period, although we have been able to meet significantly increased demand for solidarity (heavily subsidised) packs of furniture for those in most need (see below). The Trustees intend returning to these levels of solidarity once trading activity returns to previous levels and cash reserves are sustainable.

Wider Emmaus

We continue to support other Emmaus communities, particularly Emmaus Suffolk, with van loads of donated goods for them to sell and supporting them with house clearances. We continue to be official mentors to Emmaus Suffolk.

Our Chair, Matthew Last, chairs the quarterly Eastern Region meeting of the Chairs and Chief Executives of the 6 Emmaus Communities.

The staff and companions are encouraged to attend all Emmaus UK peer support groups.

Subscriptions

Emmaus International received 1.5% of trading income: £14,375 Emmaus Europe received a standard contribution of £1,822 Emmaus UK received 0.5% of trading income: £4,792

Helping other organisations (solidarity)

Despite the continuing impact of the Covid 19 pandemic, lockdowns and reduced income, we have been able to continue to offer support to various organisations, including:

Helping families and individuals (solidarity)

Achievements and performance

a. Review of activities (November 2020 to October 2021)

Community

As with other organisations we are still recovering from COVID induced lockdown and new trading conditions. Throughout the year the community has consistently been over 90% full, meaning over 40 companions living and working in the community. Some of our companions are vulnerable but we have managed to organise work so that they can work in the community and others can work in the shop and interface with the public. We continue to work with companions to help them rebuild their lives and have had a number of successful move-on’s, where

Page 5

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Achievements and performance (continued)

companions move into their own accommodation and jobs in the community. As in previous years we have more applicants than places and increased calls on our ‘solidarity’ packages for local people in need. This reflects the wider changes in society. In early 2022 we hope to have 6 Pods installed on site, offering rooms for 6 formerly homeless people.

Business activity

Since lockdown finished, we have experienced unprecedented levels of donations, customers visiting the site and online sales. This means that we have adjusted our activities, reduced the number of days that we are open and take donations and yet managed to get our business and café income back up to pre-pandemic levels. This has involved adding new streams of income to our traditional furniture, clothes and bric-a-brac sales. We now have healthy incomes from the café, eBay and online activity, refurbished computers, market stalls and house clearances. We have also reorganised how we accept, process and move donations, which has helped enormously.

Staff, Volunteers and Trustees

Our staff team has worked incredibly hard during the year, dealing with whatever has been thrown at them. We have had some changes in the team and welcomed new members, which reflects the growth in online activity, business activity, companion increased support needs and complexity of our finances.

We have a committed cohort of volunteers and are active in recruiting more. They make an enormous difference to what we are able to do and we are grateful for their inputs.

The Board has been strengthened this year with 3 new Trustees, who bring great experience, passion and commitment to our activities. They have already had an impact.

PR activity

Our social media presence has increased over the year, we are working closely with the EUK PR service, and we have a member of staff dedicated to PR, promotion and getting our message out. This year has seen an increase in our coverage:

b. Programme related investments

The charity’s main investment is its land and buildings comprising companion and staff accommodation, warehousing and trading premises at the community at Landbeach, near Cambridge.

Page 6

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Achievements and performance (continued)

c. Building works/maintenance

Throughout the year, including during lockdown, our dedicated building team with companion support have continued to upgrade, extend and improve the quality and quantity of our shop space, accommodation and other buildings. Over the past year they have:

During the next year we will:

Financial review

a. Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

b. Reserves policy

The trustees have carried out their annual review of their reserves policy in the year. As part of this process, they have considered both the financial impact of risks facing the charity as well as reserves required for future planned capital projects, commitments and contingent events.

Designated Funds Note Amount
Cessation of operations 1 240,000
Capital projects 2 30,000

  1. The Trustees have agreed that the charity should hold 3 months operating expenses in reserve, and in particular ring fence sufficient funds to meet creditors and obligations to companions and staff should we be forced to cease operations.

  2. We have planned further capital projects as listed above, and we have allocated £30,000 to meet the estimated costs.

Page 7

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

c. Principal funding

The results of the year’s operations are set out in the attached financial statements. The net inflow of funds amounted to £26,978 (2020 - £90,433) after including donations of £74,784 (2020 - £132,407) , grants of £170,640 (2020 - £173,585) and one-off legacies of £nil (2020 - £0) and the total income raised was £1,303,209 (2020 - £1,422,693) .

£10,625 (2020 - £9,965) has been spent on governance costs, whilst other expenditure has focused on supporting companions, their accommodation and welfare, the business activities including administration, the running of the workshops, the retail shop and the collection of donated goods, all of which create the important platform for supporting and developing companions’ personal skills and self-esteem.

Motor vehicles depreciation has been adjusted for a change in estimation in respect of the residual values of motor vehicles. A negative depreciation charge has been recorded for the year which increases the value of motor vehicles by £46,000 and the surplus by £46,000.

Fixtures and fittings includes an adjustment for a change in accounting estimate in respect of the useful economic lives of certain assets. The fixtures and fittings depreciation charge for the year has been reduced by £34,467 and the surplus has been increased by £34,467.

Demand for collections continues to be strong and we make about 47 collections each week of donated goods. The number of items offered continues to rise and although not all items offered are suitable, which has increased our disposal costs, we work hard to minimise what we send to landfill.

Structure, governance and management

a. Methods of appointment or election of Trustees

The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the Articles of Association.

Trustee nominations either come from other trustees within the charity and its supporters or via open advertisement and must be approved by existing trustees, in accordance with the Articles of Association.

When specific skills are required, approaches are made to people with relevant expertise who are sympathetic to the ethos of the charity. If necessary, a trustee would be co-opted specifically to cover the required function.

The current Trustees and those who served during the year are shown on page 1.

b. Policies adopted for the induction and training of Trustees

Each new trustee is required to undertake an induction programme which includes briefings on their legal and ethical responsibilities as trustees, the ethos and values of the Emmaus movement together with the governance, history and operation of Emmaus Cambridge.

Annual appraisals of trustees are undertaken to measure their collective and individual performance and suitable training is offered in line with the NCVO Code of Good Governance.

Page 8

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Structure, governance and management (continued)

c. Organisational structure and decision-making policies

In order to work effectively towards the alleviation of homelessness and relief of poverty and hardship and the distress they cause to those in need, the board of trustees and the leadership team believe that companions must be at the centre of the organisation, and this is reflected in the structure of the charity.

Weekly meetings of the whole community take place to discuss and agree decisions which affect it. Two volunteer companions, acting as observers are also invited to attend and participate in board meetings.

Companions are also engaged extensively in decisions through the committees, the solidarity subcommittee and working groups and daily meetings. Full consultations with companions are also undertaken on strategic issues and major projects.

d. Related party relationships

Emmaus Cambridge is a member of the Emmaus UK federation, working alongside other communities and groups.

e. Financial risk management

Trustees have introduced risk management policies and a risk register which aims to manage and mitigate risks that the charity might face, and this is reviewed regularly.

A nominated trustee oversees health and safety issues throughout the community with nominated personnel having day to day responsibility for ensuring compliance.

Plans for future periods

The board met in September 2021 to review our strategic plan which was developed in line with the Emmaus UK strategic plan, our agreed Strategic priorities are:

We will help more people by:

We will work smarter by:

Page 9

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Members' liability

The Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up.

Statement of Trustees' responsibilities

The Trustees (who are also the Directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' 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. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and the Charity and of their incoming resources and application of resources, including their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Group and the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Group and the Charity 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 Group and the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' Report is approved has confirmed that:

Page 10

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2021

Auditors

The trustees have decided, for reasons of good governance, to appoint new auditors in due course.

Approved by order of the members of the board of Trustees on and signed on their behalf by:

Ms L E Matheson

Trustee

Page 11

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE

Opinion

We have audited the financial statements of Emmaus Cambridge (the 'parent charitable company') and its subsidiaries (the 'group') for the year ended 31 October 2021 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Charity Balance Sheet, the Consolidated Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council'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 the Group's or the parent charitable company'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.

Page 12

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for 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.

Opinion 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 our knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Page 13

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE (CONTINUED)

Responsibilities of Trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the Directors of the Charity 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.

In preparing the financial statements, the Trustees are responsible for assessing the Group's and the Parent Charity'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 Group or the Parent Charity or to cease operations, or have no realistic alternative but to do so.

Auditors' 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 Auditors' 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 is detailed below:

Extent to which the audit was considered capable of detecting irregularities, including fraud

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non compliance with laws and regulations, we considered the following:

Page 14

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE (CONTINUED)

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in relation to revenue recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Charities Act.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the charity's ability to operate or to avoid a material penalty. We identified no such laws and regulations applicable to the charity.

Audit response to risks identified

As a result of performing the above, we identified revenue recognition as a key audit risk related to the potential risk of fraud. Our procedures to respond to risks identified included the following:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members including internal specialists, and remained alert to any indications of fraud or non compliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 15

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE (CONTINUED)

Use of our report

This report is made solely to the Charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the Charity's members, as a body, Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charity's members those matters we are required to state to them in an Auditors' 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 Charity and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Christopher Dougherty (Senior Statutory Auditor)

for and on behalf of

Lakin Rose Limited

Chartered Accountants Statutory Auditors

Pioneer House Vision Park Histon Cambridge CB24 9NL

Date: 13 June 2022

Page 16

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2021

Note
Income from:
Donations and legacies
3
Social enterprise
Interest income
Housing benefit
Total income
Expenditure on:
Charitable activities:
4
Community operations
Grants payable to other communities
Other grants and donations
Other charitable activities
Total expenditure
Net income/(expenditure)
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2021
£
61,000
-
-
-
61,000
26,569
-
-
-
26,569
34,431
(29,032)
5,399
137,855
5,399
143,254		 Unrestricted
funds
2021
£
184,424
702,597
305
354,883
1,242,209
1,215,548
23,489
-
10,625
1,249,662
(7,453)
29,032
21,579
2,309,674
21,579
2,331,253		 Total
funds
2021
£
245,424
702,597
305
354,883
1,303,209
1,242,117
23,489
-
10,625
1,276,231
26,978
-
26,978
2,447,529
26,978
2,474,507		 Total
funds
2020
£
306,057
753,288
882
362,466
1,422,693
1,294,620
25,138
2,537
9,965
1,332,260
90,433
-
90,433
2,357,096
90,433
2,447,529

The notes on pages 21 to 37 form part of these financial statements.

Page 17

EMMAUS CAMBRIDGE (A Company Limited by Guarantee) REGISTERED NUMBER: 03422363

CONSOLIDATED BALANCE SHEET AS AT 31 OCTOBER 2021

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
Net current assets
Creditors: amounts falling due after more
than one year
12
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds		 66,832
394,359
461,191
(112,899)		 2021
£
2,165,746
348,292
(39,531)
2,474,507
143,254
2,331,253
2,474,507		 24,957
438,768
463,725
(77,682)		 2020
£
2,061,486
386,043
-
2,447,529
137,855
2,309,674
2,447,529

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by:

Ms L E Matheson

Trustee

The notes on pages 21 to 37 form part of these financial statements.

Page 18

EMMAUS CAMBRIDGE (A Company Limited by Guarantee) REGISTERED NUMBER: 03422363

CHARITY BALANCE SHEET AS AT 31 OCTOBER 2021

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
Net current assets
Creditors: amounts falling due after more
than one year
12
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds		 59,168
393,057
452,225
(112,899)		 2021
£
2,165,746
339,326
(39,531)
2,465,541
143,254
2,322,287
2,465,541		 31,222
410,240
441,462
(77,682)		 2020
£
2,061,486
363,780
-
2,425,266
137,855
2,287,411
2,425,266

The Charity's net movement in funds for the year was £ 40,275 (2020 - £89,255) .

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by:

Ms L E Matheson Trustee

The notes on pages 21 to 37 form part of these financial statements.

Page 19

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2021

Note
Cash flows from operating activities
Net cash used in operating activities
16
Cash flows from investing activities
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
Net cash used in investing 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
17
The notes on pages 21 to 37 form part of these financial statements		 2021
£
60,090
2,165
(106,664)
(104,499)
(44,409)
438,768
394,359		 2020
£
52,262
-
(184,925)
(184,925)
(132,663)
571,431
438,768

Page 20

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

1. General information

Emmaus Cambridge is a private charitable company limited by guarantee and is incorporated in England and Wales. The address of the registered office is Green End, Landbeach, Cambridge, CB25 9FD.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Emmaus Cambridge meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The Consolidated Statement of Financial Activities (SOFA) and Consolidated Balance Sheet consolidate the financial statements of the Charity and its subsidiary undertaking, Emmaus Cambridge (Homes) Limited. The results of the subsidiary are consolidated on a line by line basis.

The Charity has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial statements.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Consolidated Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Sales of donated goods are recognised at the time of sale.

Housing benefit income is recognised in the period to which the housing benefit relates.

Page 21

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

2. Accounting policies (continued)

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Support costs are those costs incurred directly in support of expenditure on the objects of the Group. Governance costs are those incurred in connection with administration of the Group and compliance with constitutional and statutory requirements.

Charitable activities and Governance costs are costs incurred on the Group's operations, including support costs and costs relating to the governance of the Group apportioned to charitable activities.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

2.4 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Consolidated Statement of Financial Activities over the expected useful lives of the assets concerned. Other grants are credited to the Consolidated Statement of Financial Activities as the related expenditure is incurred.

2.5 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 22

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

2. Accounting policies (continued)

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated Statement of Financial Activities as a finance cost.

2.8 Pensions

The Group operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Group to the fund in respect of the year.

Page 23

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

3. Income from donations and legacies

Donations
Legacies
Grants
Government grants
Total 2020		 Restricted
funds
2021
Unrestricted
funds
2021
£
£
-
74,784
-
-
61,000
22,324
-
87,316
61,000
184,424
100,000
206,057		 Total
funds
2021
£
74,784
-
83,324
87,316
245,424
306,057		 Total
funds
2020
£
132,407
65
133,900
39,685
306,057

4. Analysis of expenditure on charitable activities Summary by fund type

Community operations
Total 2020
Summary by expenditure type
Community operations
Total 2020		 Restricted
funds
2021
Unrestricted
funds
2021
£
£
26,569
1,249,662
111,133
1,221,127
Staff costs
2021
Depreciation
2021
Other costs
2021
£
£
£
593,173
489
682,569
575,103
92,970
664,187		 Total
funds
2021
£
1,276,231
1,332,260
Total
funds
2021
£
1,276,231
1,332,260		 Total
funds
2020
£
1,332,260
Total
funds
2020
£
1,332,260

Page 24

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

5. Analysis of expenditure by activities

Charitable activities
Total 2020		 Activities
undertaken
directly
2021
£
1,207,836
1,260,022		 Grant
funding of
activities
2021
£
23,489
27,598		 Support
costs
2021
£
44,906
44,640		 Total
funds
2021
£
1,276,231
1,332,260		 Total
funds
2020
£
1,332,260

Analysis of direct costs

Staff costs
Companions' weekly allowances
Companions' leaving and holiday allowances
Social enterprise direct costs
Coffee shop costs
Food and sundries
Travel and vehicle costs
Clothing and health expenses
Sundry expenses
Light and heat
Rates and water
Repairs and low cost assets
Insurance
Administration expenses
Depreciation		 Total
funds
2021
£
576,570
99,966
26,242
223,514
37,959
92,483
20,125
3,235
23,159
28,999
12,642
54,606
7,750
97
489
1,207,836		 Total
funds
2020
£
553,369
85,872
25,238
225,633
37,826
92,867
21,532
4,278
22,293
35,116
14,206
42,145
6,595
82
92,970
1,260,022

Page 25

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

5. Analysis of expenditure by activities (continued)

Analysis of support costs

Community
operations
2021
£
Staff costs
16,603
Bank charges
9,113
Sundry expenses
1,115
Interest payable
7,700
(Gain) / loss on disposal of fixed assets
(250)
Governance costs
10,625
44,906
6.
Auditors' remuneration
Fees payable to the Charity's auditors for the audit of the Charity's annual
accounts
Fees payable to the Charity's auditor in respect of:
All non-audit services not included above
7.
Staff costs
Group
Group
2021
2020
£
£
Wages and salaries
524,095
511,331
Social security costs
48,761
43,111
Other pension costs
20,317
20,661
593,173
575,103		 Total
funds
2021
£
16,603
9,113
1,115
7,700
(250)
10,625
44,906
2021
£
3,500
6,025
Charity
2021
£
524,095
48,761
20,317
593,173		 Total
funds
2020
£
21,734
8,176
2,556
-
2,209
9,965
44,640
2020
£
3,500
6,000
Charity
2020
£
511,331
43,111
20,661
575,103

Page 26

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

7. Staff costs (continued)

The average number of persons employed by the Charity during the year was as follows:

Charitable operations
Community operations
Fundraising and administration		 Group
2021
No.
17
3
1
21		 Group
2020
No.
18
3
1
22

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

Group Group
2021 2020
No. No.
In the band £60,001 - £70,000 1 -

8. Trustees' remuneration and expenses

During the year ended 31 October 2021, no Trustees received any remuneration or other benefits (2020 - £NIL) .

During the year ended 31 October 2021, expenses totalling £ 415 were reimbursed or paid directly to 1 Trustee relating to expenses paid personally (2020 - £161 to 1 Trustee) .

Page 27

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

9. Tangible fixed assets

Group and Charity

Cost or valuation
At 1 November 2020
Additions
Disposals
At 31 October 2021
Depreciation
At 1 November 2020
Charge for the year
On disposals
At 31 October 2021
Net book value
At 31 October 2021
At 31 October 2020		 Freehold
property
£
2,781,837
83,135
(1,915)
2,863,057
762,557
66,006
-
828,563
2,034,494
2,019,280		 Motor
vehicles
£
125,308
-
(19,920)
105,388
123,569
(44,261)
(19,920)
59,388
46,000
1,739		 Fixtures and
fittings
£
165,672
23,529
-
189,201
125,205
(21,256)
-
103,949
85,252
40,467		 Total
£
3,072,817
106,664
(21,835)
3,157,646
1,011,331
489
(19,920)
991,900
2,165,746
2,061,486

Motor vehicles depreciation has been adjusted for a change in estimation in respect of the residual values of motor vehicles. A negative depreciation charge has been recorded for the year which increases the value of motor vehicles by £46,000 and the surplus by £46,000.

Fixtures and fittings includes an adjustment for a change in accounting estimate in respect of the useful economic lives of certain assets. The fixtures and fittings depreciation charge for the year has been reduced by £34,467 and the surplus has been increased by £34,467.

Page 28

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

10. Debtors

Group
2021
£
Due within one year
Amounts owed by group undertakings
-
Other debtors
11,234
Prepayments and accrued income
55,598
66,832
Creditors: Amounts falling due within one year
Group
2021
£
Other loans
10,469
Trade creditors
45,980
Other taxation and social security
11,160
Other creditors
-
Accruals and deferred income
45,290
112,899		 Group
2020
£
-
11,757
13,200
24,957
Group
2020
£
-
18,751
11,666
2,597
44,668
77,682		 Charity
2021
£
5,140
11,234
42,794
59,168
Charity
2021
£
10,469
45,980
11,160
-
45,290
112,899		 Charity
2020
£
19,465
11,757
-
31,222
Charity
2020
£
-
18,751
11,666
2,597
44,668
77,682

11. Creditors: Amounts falling due within one year

12. Creditors: Amounts falling due after more than one year Creditors: Amounts falling due after more than one year
Group Group Charity Charity
2021 2020 2021 2020
£ £ £ £
Other loans 39,531 - 39,531 -

Page 29

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

13. Statement of funds

Statement of funds - current year


Designated funds
Cessation of operations
Capital projects
ARM donation
Nationwide grant
General funds
General Funds
Total Unrestricted funds
Restricted funds
National Lottery Building Fund
Waterson Bursary
Companion Training Fund
ReBoot Fund
E-commerce and Delivery Bays
Fund
Lift Fund
Total of funds		 Balance at 1
November
2020
£
240,000
30,000
20,000
22,234
312,234
1,997,440
2,309,674
126,196
3,114
8,545
-
-
-
137,855
2,447,529		 Income
£

-
-
-
-
-
1,242,209
1,242,209
-
-
-
6,000
50,000
5,000
61,000
1,303,209		 Expenditure
£
-
-
-
-
-
(1,249,662)
(1,249,662)
(4,601)
-
-
(1,000)
(20,968)
-
(26,569)
(1,276,231)		 Transfers
in/out
£
-
-
(20,000)
(22,234)
(42,234)
71,266
29,032
-
-
-
-
(29,032)
-
(29,032)
-		 Balance at
31 October
2021
£
240,000
30,000
-
-
270,000
2,061,253
2,331,253
121,595
3,114
8,545
5,000
-
5,000
143,254
2,474,507

Page 30

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

13. Statement of funds (continued)

The National Lottery Building Fund represents capital grants from the National Lottery Charities Board to fund building works at the community in previous years. Expenditure on this fund represents depreciation charged for the year. The National Lottery Charities Board require capital grants to be accounted for as restricted funds and to be charged with the depreciation of the underlying assets. There are various grant conditions that require the Trustees to obtain The National Lottery Board's permission to sell the building for a period of 80 years from the date of the grant.

The Waterson Bursary represents a fund from which companions can apply for funding to carry out projects that will be of benefit both to themselves and to others.

The Companion Training Fund represents donations towards the costs of companion training.

ReBoot Fund - Funds towards recycling and refurbishing computer equipment for resale.

E-commerce and delivery bay fund - Funds towards the costs of new delivery bays and towards salary costs of an e-commerce co-ordinator.

Lift fund - Funds towards the costs of a new lift for mezzanine.

Page 31

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

13. Statement of funds (continued)

Statement of funds - prior year

Designated funds
Cessation of operations
Capital projects
Sewage treatment plant
ARM donation
Nationwide grant
General funds
General Funds
Total Unrestricted funds
Restricted funds
National Lottery Building Fund
Waterson Bursary
Local Solidarity Fund
Building Fund
Companion Training Fund
Homeless Link Grant Fund
Total of funds		 Balance at
1 November
2019
£
240,000
30,000
287,000
-
-
557,000
1,651,108
2,208,108
130,797
3,114
77
5,000
10,000
-
148,988
2,357,096		 Income
£
-
-
-
-
-
-
1,322,693
1,322,693
-
-
-
-
-
100,000
100,000
1,422,693		 Expenditure
£
-
-
-
-
-
-
(1,221,127)
(1,221,127)
(4,601)
-
(77)
(5,000)
(1,455)
(100,000)
(111,133)
(1,332,260)		 Transfers
in/out
£
-
-
(287,000)
20,000
22,234
(244,766)
244,766
-
-
-
-
-
-
-
-
-		 Balance at
31 October
2020
£
240,000
30,000
-
20,000
22,234
312,234
1,997,440
2,309,674
126,196
3,114
-
-
8,545
-
137,855
2,447,529

Page 32

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

13. Statement of funds (continued)

The National Lottery Building Fund represents capital grants from the National Lottery Charities Board to fund building works at the community in previous years. Expenditure on this fund represents depreciation charged for the year. The National Lottery Charities Board require capital grants to be accounted for as restricted funds and to be charged with the depreciation of the underlying assets. There are various grant conditions that require the Trustees to obtain The National Lottery Board's permission to sell the building for a period of 80 years from the date of the grant.

The Waterson Bursary represents a fund from which companions can apply for funding to carry out projects that will be of benefit both to themselves and to others.

The Local Solidarity Fund represents a fund from which a committee of staff, companions and Trustees can make grants to help various local groups.

The Building Fund represents grant funds towards the costs of improving and expanding the Charity premises at Landbeach.

The Companion Training Fund represents donations towards the costs of companion training.

Homeless Link Grant Fund represents grants received to provide support for companions.

Page 33

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

14. Summary of funds

Summary of funds - current year


Designated funds
General funds
Restricted funds
Summary of funds - prior year
Designated funds
General funds
Restricted funds		 Balance at 1
November
2020
£
312,234
1,997,440
137,855
2,447,529
Balance at
1 November
2019
£
557,000
1,651,108
148,988
2,357,096		 Income
£

-
1,242,209
61,000
1,303,209
Income
£
-
1,322,693
100,000
1,422,693		 Expenditure
£
-
(1,249,662)
(26,569)
(1,276,231)
Expenditure
£
-
(1,221,127)
(111,133)
(1,332,260)		 Transfers
in/out
£
(42,234)
71,266
(29,032)
-
Transfers
in/out
£
(244,766)
244,766
-
-		 Balance at
31 October
2021
£
270,000
2,061,253
143,254
2,474,507
Balance at
31 October
2020
£
312,234
1,997,440
137,855
2,447,529

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Restricted
funds
2021
Unrestricted
funds
2021
£
£
121,595
2,044,151
21,659
439,532
-
(112,899)
-
(39,531)
143,254
2,331,253		 Total
funds
2021
£
2,165,746
461,191
(112,899)
(39,531)
2,474,507

Page 34

EMMAUS CAMBRIDGE

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

15. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2020
£
126,196
11,659
-
137,855		 Unrestricted
funds
2020
£
1,935,290
452,066
(77,682)
2,309,674		 Total
funds
2020
£
2,061,486
463,725
(77,682)
2,447,529

16. Reconciliation of net movement in funds to net cash flow from operating activities

Net income for the year (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss/(profit) on the sale of fixed assets
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by operating activities		 Group
2021
£
26,978
489
(250)
(41,875)
74,748
60,090		 Group
2020
£
90,433
92,970
2,209
26,727
(160,077)
52,262

17. Analysis of cash and cash equivalents

Cash in hand
Total cash and cash equivalents		 Group
2021
£
394,359
394,359		 Group
2020
£
438,768
438,768

Page 35

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

18. Analysis of changes in net debt

Cash at bank and in hand
Debt due within 1 year
Debt due after 1 year		 At 1
November
2020
£
438,768
-
-
438,768		 Cash flows
£
(44,409)
(10,469)
(39,531)
(94,409)		 At 31
October
2021
£
394,359
(10,469)
(39,531)
344,359

19. Pension commitments

The Charity makes contributions to its employees' personal pension schemes. The pension cost charge represents contributions payable by the Charity which amounted to £20,317 (2020 - £20,660) . Contributions totalling £nil (2020 - £2,597) were payable at the balance sheet date and are included in creditors.

20. Operating lease commitments

At 31 October 2021 the Group and the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years		 Charity
2021
£
19,159
25,974
45,133		 Charity
2020
£
15,057
3,138
18,195

21. Related party transactions

During the year I Docherty, spouse of D Docherty, a member of key management, was paid salary of £26,133 (2020 - £21,427) and pension contributions of £2,389 (2020 - £1,071) .

During the year G Docherty, daughter of D Docherty, a member of key management, was paid £nil (2020 - £1,407) in respect of administration assistance.

Page 36

(A Company Limited by Guarantee)

EMMAUS CAMBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

22. Principal subsidiaries

Emmaus Cambridge (Homes) Limited

Subsidiary name Emmaus Cambridge (Homes) Limited Company registration number 11470806 Basis of control Sole membership Total assets as at 31 October 2021 £14,106 Total liabilities as at 31 October 2021 £5,140 Total equity as at 31 October 2021 £8,966 Turnover for the year ended 31 October 2021 £347,608 Expenditure for the year ended 31 October 2021 £97 Profit for the year ended 31 October 2021 £347,511

Emmaus Cambridge (Homes) Limited distributes its profits to Emmaus Cambridge.

During the year Emmaus Cambridge (Homes) Limited made distributions of £360,808 to Emmaus Cambridge.

Page 37