OrKu5ln En%*bpe 10.. 6ECU91274E0￿491F4A￿-0g4o7NxcE3D Registered number: 03422363 Charity nUM￿r. 1064473 EMMAUS CAMBRIDGE (A Company Limited by Guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 •AD81KKLC* 3110712024 COMPANIES HOUSE #57 Dorws•Jn En¥elope10". 6e009127-6EOA491F4A￿.o94o7￿ACcE3o EMMAUS CAMBRIDGE IA Company Llmited by Guarantee) CONTENTS Page Reference and Administrative Details irf the Charity. its Trustees and Advisers Trustees. Report 2-11 Independent Auditots. Report on the Flnancial Statements 12-16 Consolidated Statement of Flnan¢lal Aclivilies 17 Consolidated Balance Sheet 18 Charity Balance Sheet 19 Consolidated Statement of Cash Flows 20 Notes to the Flnanclal Statements OocusTr)n En￿c￿ 10.. 6EOD9127*E(k449lF.&49C.094D7A4CCE3D EMMAUS CAMBRIDGE {A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 OCTOBER 2023 Trustees Dr C A Cornish Ms A Davis Mr J Dawson Mr W Erby Mr J Humpslon, Chair Ms L E Matheson MsJMay Mr J W Murphy m$CN￿ Ms H M Renlrew-Knight Company registered number 03422363 Charity registered number 1064473 Registered office Gieen End, Landbeath. Cambridge. Can*)ndgeshire, C825 9FO Chief executive offI￿r Ms D M Talbot (appointed 6 September 20231 Mr5 D Do¢hety Iresgned 31 August 20231 Mr5 C Sladdon lappoinled 1 JanLtary 2023 10 31 Juty 2023 (ffixed temi corrtrattl) Independent auditOf5 Peters E￿orthY & Mc4)re, Salisbury House, Station Ro&J. Cambridge. C812LA Banke CAF Bank Limrted, ￿'ngS Hill. West Malling. Kent. ME19 4JQ Cambridge Buikling Sw"ety, PO Box 232. 51 Newmarket Road. Cambridge, CB5 8FF Triodos Bank NV. Deanery Road. Bristol, BS1 SAS Unrty Trust B￿k plc. Four Brindley PLace. Binninghan. B12J8 Page 1 Docus9n Envdope ID". 6E0D9127ffjE0A491F-e￿09407*£ccE3D EMPAAUS CAMBRIDGE (A Company Llmlted by Guarnntge) TRUSTEES. REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 The Tnjslees present their annual report Icgether with the au¢Jited financkgl statements of the charty for the year 1 November 2022 10 31 October 2023. The Trustees confim that the Annual Report and financial slalements of the company comply wrth the current statutory requirements, the requirements of the company's governing document arKI the provisions of the SL*emenl of Recommended Practice ISORPI, applicable to charrties preparing their accounts in accordance with the Financkgl Rep)rb"rKJ Standard ¥plKable in the UK and Republic of Ireland {FRS 1021 {effeclive 1 January 2019). Since the charity qualifies as small under section 383. the Strateg￿ report required of medium and large companies under The Companies Acl 21Th (Strategic Report and Directorfs Report) ReguL3tions 2013 is not required. Constltullon The charty is constituted under a Memrandum ofAss(xK4lion daled 20 August 1997 and is a ￿l$le￿d charity nLsmber 1064473. Our Vision A world in which everyone has a home and a sense of belonging. Our Mission Emmau5 cambr￿￿ge is committed to w0￿1n9 as a Communty. sharing a lrfe where everyone is treated equally, and living in hamiony %Mth dignrty by helping those less fortunate than ourselves. Our Strategic Priorities (which are set in line wrth the Emmaus UK Feder*ion Plan) are to.. Help more people by.. Working wilh companions to help them realtse th•r aspiratiorts and full Fthntial Delivering a WKle range of actiwtEs to address S￿la1 exclusion Secure sU5tainabilty for our community by. Increasing income and surplus to ensure sustsinability Building an enwronmentalty focused and active org8nisatb)n Dernonstrate organisational sustainabilty and ethical practiee Supw the Emmaus Federation by". Demonstrating unty and working together with c*her Emmaus communrties for mutual benefft Promoting who we a￿, what we do. why and hthv we do it as part of the wider Emmaus movement Objoctives and ktivities In setting obJ"e¢tives and planning for actMh"es. the TnJstees have gNen due consideration to guidance published by the Charity Commission relatirrfJ to public benefft, and in particular to its supplementary public benefit guidance. The objects of the charity are the allewation of h¢)melessness and relie* of povety. hardship and the distress they cause lo those in need. Our Strategic pLan njns from 2021 to 2026. Work with companion5 to realise their aspirations and polential by: DelNering CompanK)n Support and Development Developing a range of em￿0￿ment and movethon housing options Creating more homes Oeliver a wider range of activities lo address S￿la1 exclusion by: Expanding our activrties tse￿nd the Current communty molel Page 2 DowS￿n En¥elcye ID.. 6E009127*ECM91F.8AKO94D7A8CCE3D EMMAUS CAMBRIDGE IA C¢>mpany Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 Operate a range of social enterprises to provide financial sustainability by- Increasing income and surplus to ensure sustainability Improving our processes arKI makin9 beller use of technology Build an environmentalty focused and active oryanisation by: Bewming a beacon known for our envirormental values and practices Demonstrate organisational sustainability and ethical practice by: Developing the Emmaus Cambridge organisation through working staff to achieve their ambitions and potential Ensuring that we have the staff. fftfrastruclure and bcal supiN)rt needed to sustain ourselves Grwing through partnefships Demonstrate 501idarity with the UK Federation and working together for mutual benefit by: Supporting other Emmaus Communities in UK. Europe and intemationally, through solidarty xtivities. Facilitating companion involvement in the WKler movem8nt Pfomole who we are. what we do. why and how we do it by: Enhance brand credibilty through greater understanding by those who engage with us Solidarity As we navigate the cost-of-living crisis. Solidarity remain$ an important element of our strategy. The Trustees. Staff. Volunteef5 and Companions are ￿rnm￿ed to our ￿nMItment to SoFidarrty. Wider Emmaus Emmaus Cambridge is a member of the Emmaus UK Federati(yn. working abngside other communrties and 9roups. We conlirbue lo work closely with Emmaus Suffdk and other ¢crfnmun*ies. The appointment of Charloite Talbott. * Emmaus UK in the prevKJus financial year. has seen many developments within the Federation and we wdccme Ihe CfJPOrtunrtie$ this brings to QLlf Community. Whether this is lo raise awarerhes5, 5UPPOrt with effective and effi¢ient pro¢esses or lo enhance the support we offer lo the people involved with Emrnaus CambrKlge_ We are acttvely ¢ontribuiing to these discussions and providing feedback which will help lo fvrther our wo￿. indwhdualty and colwively. We are involved in the Emmaus Quality Standards work and will be pilotirKJ the newty fom)ed Supwt. Devek)pmenl and Safety Toolkit. Posrtive devel¢)pments have included the inlroductK)n of severnl natK)nal committees. Bringing nehvorks of Trustees. Exec Leads and Departmental Leads together. This supports gcod goveman¢e whilst also enabling the views of all those contributing to the Federat￿￿ to be recorded and considered. For companions. this has 81s0 seen the successful roll OLrt of Companion vo￿, a nat￿n81 publication which shares the views of companions across the UK a￿1 in some cases beyond. and a Companion Committee on wh￿h we have repfesentstson. We were thril￿d that of c￿r companions wanted to attend the European Assembty in Romania. The tsvo individuals ltsvdled together and spent lime with other companions an¢J ￿PresentatIVeS from caffjmunities from around the continent. An Emmaus International col￿agUe who is an interpreter for the Federation returned wth our companions to leam more about how Cambrhlge. the first Emmaus UK community operates and what the similarities and drfferences a￿ befv￿n this and the international communty. Subs¢riptions19rants) Subscriptions are provided by Emmaus CambThlge. as detaikd belcw, to continue the valuable national and inleinalional WO￿ undertaken by the Federation.. Page 3 QocJJsbgn En¥elok* ID". fjE009127-6EW91F449GD94D7AACCE3D EMMAUS CAAIBRIDGE (A Company Limrfed by Guarantee} TRUSTEES, REPORT {CONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 Emmaus Inlemational.. £5,905 {£13.615 - 2022) Emmaus Europe.. £3,021 {£1.891- 20221 Emmaus UK.. £5.558.'1£5,038 - 2022) Helping other oryanisations (solidarity We are commrtted to helping other organisatK￿$. In this financh?l year. we have worked ahJng5ide or to SUPFKJrt sevwal other organisations At least one. and on occasions up to three, students from the cast￿ School join u5 once a week with their teaching assistant to help with tasks in our gardens, and relail areas. Alongside providing practical opportunities they enjoy lurtch and refreshment5 in our shared dining re<)m and the company of staff. voILtnteers and companions. During the year, we also wekrtheil 5tudent$ frcffi Netherhall School. Cottenham School, Comberton Vil*e College for their work experience and got invofved wlh the PeT5e School with their sleepout. We remain engaged wth Jimmy's and Wintercomfort, providing dothing and sleeping bags. Towards the end of this financial year we also began working vthh CamCRAG, a local charity who supFk)rts refvgees. Further infomi*ion wll fealure in OLtr 2023-2024 report. We collected prescription glasses and sunglasses and donated these to Spec5avers lo benefrt people in other countries. Volunteers also requested supwrt for clher local charrties. One example being a wish to secure goc*Js, which ￿Uld be transfoimed in to hampers for fundraising raifies held by Ihe RNIB. We are delighted vthen our volunteers make suggestions of this type and help us lo exlend our solidarty even further. We continue lo engage v4rth New Meaning a k)cal sccial enterprise by advertising one of their modular garden rooms on our grounds and discussions are Unde￿aY relaling lo rt5 frjlure use And finally, we began to pkn ￿ a container of fumrture and bric-a-brac lo be prepared and sent lo Emmaus Satu Mare- a c(Mnmunity in Romania. who supports younger people frorn disadvantaged backgrounds. Earlier in the year. we held a solklarity day to support with the cosls of a ieplacement roof following storm damage. Our continl￿d support will see EmmaLts Cambridge provide donated goods and fund the Iravd of the ￿ntaIner to enabk the rnmmunfy to Taise vrtal funds to support their companions less fortunate Iharh us and Iheic wKler c(Knmunty. It is expect th* a support worker and a youngster (the allernalive name for companion) from Salu Mare. wll also spend time in Cambridge meeting ccxnpansons and experiencing the simiL4rities and dhffeiences of Ihe two Eirwnaus offers. Further inlomialion will be shared in the new financial yew. Helping families and individuals Isolidarityl Our solidarty packages, which are delivered with support ffom Cambridge Aid. see indwidu815 or families in South and East Cambs and CambrKlge City receive up lo £400 of produc15 frorn the charity. £100 of which funded by Cambridge Aid and the balance by Emmaus Cambridge. The charity has the capacity to provide four of these packages by week (208 per yearl and in this financral year. 194 were awarded1203 2021-20221. which equates to gI￿)dS to the value of £32.705. In addition to this the charity also offers smaller occasional donalions, one-off donations or discounts such as free delivery to support people in need. And finally, across the year the charity funded up to 3 solidarty beds per month, a total of 28 across the year, whieh equated to a value of £26,932. Page 4 DrKuslJn En%*￿pe ID." fjE0D9127.6EoA491F-e￿D91D7•aCcE3o EMMAUS CAMBRIDGE IA Company Limited by Guarantee TRUSTEES. REPORT {CONnNUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 Achievements and perforniance Reviow of activities (November 2022 to Oclober 2023) Communlty The community CL￿1t1nueS to exceed occupancy levels of 92% (￿% 2021-20221 consistentty. Due lo the unlimited time frame of support provKrfed, there is a continual unmet need for people to access the unique proviston offered by Emmaus m(yJel. Il's innovative combination of safe, secure accommodation, support and work expertence is attractive to pecple keen to ￿bUIld their lives or retrain in other sectors. During the year, the number of companions being SUPFK)rted ha$ flexed tetsveen 39 and 48. Companions undertake tasks ￿￿thIn the communrty and ￿131 enterprise to the best of their abilty. Eath Ferson is assessed and their needs, whth can range from low lo high considered in a thorough support plan. For some. their aim is lo become independent. and this can be ￿hieVed in a ￿latIvelY short period however lor many their Iwed experiences have been instnjmental in the ¢hallen9es they face. In this situation getting through each day is an illuslralion of positive progoss being m* ano over this time. we work together lo help build confidence and regain purpose. We have encouraged companions to tske part in xKial activitts lo enhance their wellbeing. This has ir￿lUded securing funding and gtft irt kind support to enable a group to go fishing. We also successfvlly sought funding lo host a Mobi￿ gym fo¥ a 12-week PfC*Jramme. so compan40ns and staff could exercise together al the community. Sorne Compart￿n$ for whorn English isn't their ffirst language a￿ also tsking English classes. In our commrtment to enable companions to gain skilts alongside corrfK1en￿. we have seen a number of companions successfully obtain their PAT (Portable Applk8nce Test) qualfficatiorbs lo help in our eledrieal department. We have been de1￿hled 10 See ecxnpanic￿s also undertake Ihw"r fotry hygiene. first apJ and fire awareness ￿rt￿iCate5. We have worted with the probation servtt and inteNiewed. arKI in some eases welcomed pecple who need direction and were keen lo explore the Emmaus model of aceommodation along work experience. We Iwk forward lo developing thi5 rdalionship lurther. We have welcomed a local GP to site lo administer COVID and Flu vaccinations and achieved a good lake up. Access lo dental care however Temains a grave concem for our compankjns. we are forging new relalKJnships to help address this but recognise our companions, having been formerfy homeless or living in povety are group wh¢h for many years has not accessed care and the complexity of the serV￿eS they now require is significant. We will continue to fight for access and a solution in the new financial year. We also offer more specialised support lo specific companions. this includes a trauma counsellof, a dynamic therapist and dtetfcian. We have seen ￿asSuring pr¢>aress being made by the indivrduals xcessing these services. Social Enl•rprise Adivity The preloved market continues lo witness growih and Emmaus Cambridge has benefited from the I￿n￿ to reuse, repair or rec￿le. Wrth people passionate aboLrt reducing landfill. we have seen interest in both donating goods and buwng g(X#Js rkse. Following a brief pause, due to the pandemic, a decision was a150 reached lo resume the house clearance operation, and this has also been well received by the Communty. This has helped ensure our shop is conlinualty stocked and we have sufficient g¢)ods to prowde thr(K￿h $olKlarity. The introduction of a dedicated emporium for the Sa￿ of b￿C-a￿￿ has also attrxted good levels of support. Whilst the greatest proportion of our social enterprise operates from our srte on the A10, we also offer items for Page 5 DtKU5iJn ID". 6EOD9127-6Eo￿48lF-8A￿-O94Q7￿ccE3D EMMAUS CAMBRIDGE IA Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 sale through eBay and a weekty market stall at Ihe Ety Market. These avenues further extend ovr reach whilst also enabling us to pmvide affordab￿ goods to people in other Ic¢ations. Joan's Coffee Shop has proved lo be a pcpular destination welwning people passing by, pgpping in to donate of simply shopping. The atmosphere is often buzzing as a selecltsn of small groups have chosen our coffee shop as a regular fealufe in their S￿la1 cakndar_ The social enterprise is essential in keeping ccffipanions occupied whils¢ also helping to fund the more specific elements of our support and maintaining our high levels of solidarity. Environmental Red 2 Green collected electrical items not feasible lor s*. this &3ain helped send less to landfill. We accepted over six tonnes of Clothing from OSB events further to the Cambridge Half Marathon - these items were either s(Id in our shop, distribuled or recyded. We b￿athed new lrfe into donated goc4Js. s(￿ are w)cycted and sold in our shop. ak)ng with excess materials such as timber being repurposed. One of the areas which wntinue to see 9rcMfry demand and cyportunrty is ReBoot. A servsce %thich reconoittons laptops and IT equipment before makiThJ them walkable al affordable prices lo the public or through our s￿Ida￿tY pa¢kw3es. Solar panels help to keep our electricty costs as as possible with any exira provided back to the gTId. And lastly, we were delighted to r￿ve the financial support of Emmaus UK who agreed to fund 10 new windows. The new wndows offer gr&iter insulation. reduce the noise pollLrtion from the A10 and improve the visual appearance of our companion house. Staff. Volunteefs and Trustees We have invested in our team wilh the appointment of a Ch￿ operating offi￿r. The new role introduced to recognise the growing appetile of prebved and the opportunty this presents in generating income and proviL1ing our compan￿$ wi(h meaningfvl work experience. We also welcomed a replacement catering manager and later in the year finance manager. This was followed by the arrival of a new chief executive, to replace the long serving retiring chief executive and the subsequenl suppc¥t of Emmaus Suffolk chief executNe who helped to bridge the gap and wc*ked also in a part-time capacty. The S￿la1 enterprise and support offer are interdependent. 11 15 necessary to have 51reamlined efficient pr¢xesses alongside positive, supportive and empowering leadership for companions to see their potential and engage with Ihe public through a host of mthni5ms. The volunteer team comprises of btheen 16 and 26 people in the year and this group have been essential largely in helping lo process our high levds of stock and representing us al events or working in our kitchens and supporting on our shop counters. We are delighled that corpoole volunleefs from Cadenl and A2traZeneca also joined u5 in this perKKI wrth a 9roup also c(¥ning fr(￿n another Ictal voluntary organisalion called Red Balloon. And finalty. we are keen to suptort pecple leaving prison or who ha* been invotved in committing offences. We have accornrnodaled several pecple from the probation service or via the community payback ini(iative providing a combination of vdunteering and work experience opmunrties. We remain hugely grateful lo each of Ihem fof Iheir Valuab￿ and imrneasur8ble conth"bulK)n to our chanty through Iheir endeavoufs. Page 6 Drthspan En￿￿0Ve10.. 6EOD9127*EQ4491F.&49C.DYD7A8CCE3D EMMAUS CAMBRIDGE IA Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 OCTOBER 2023 The Board explO￿d some opw)rtunil*s for trustees in this period, and one appoinlmenl was made which will be detailed in Ihe next financial rewjrt 2023-2024, however there were no departures or arrivals in this finanaal year. The Boar¢J meet quartedy with the committee meeting fwuency bi-monthly or quarterly. 11 was also wrthin this financkryl year that Matthew Last, our Chair foc six year5, died. The community keen lo rnark his Passing, created a bee shed where Malthew's passion for bees and honey can live on and his incredible life and impact on Emmaus Cambridge can continue lo be celebrated. Public Relations activity As part of the Federation, we benefft frcrfn the expertise of a Regional CcAnmunications Officer weekly for half a day. This support is funded by Emmaus UK and helps our small charity lo ¢e￿brate our successes. raise our profile arKI engage 8 larger aLbJience. Key achievwnents include.. 152.537 {73,737 2021-22) wsrtcKs to the website 2.57212,109 2021-2022) of these have come through sc¢￿1 media Facebook posts reached 171,4LKJ {43.900 2021-20221 51,300143,L%8 2021-20221 reacted to Ouf Fa¢etrxx* posts (shared. link cltks, post likes) 9091329 2021-20221 ne*V Facebook folkmfers 6.5CQ reach on In$lagram 227 new Inslagram loll¢)wers 31 137 2021-20221 pie¢es of press coverage wrth a lotal reach of 6.640.97414.056.771 2021-20221 One si9nrfi¢anl SY￿e$S in the peri(yJ was a TikTok Mdeo by Zoe P￿0¢k best known for her Murk'N'8rass You Tube channel. Zoe also regulady features on numerous upw¢ling televisKJn prcwjrammes. Zoe visrted the 50¢ial enterprise in earty 2023 and subsequenlty posted a video which led lo the preloved offer being dTrscoveced by thousands of new customers. resutting in an increase in traffic lo the sile and sales. The official opening of OUT Sobhaus mcdular homes, organised wth support of Regional Communications of[￿er and Hill Group. saw local and regional media. a selection of stakehohjers. long- term supporters and Emmws UK Patron Tery Warte. attend and share news coverage of this special occasion. We have not been able to share infomBlion relating to T¥￿tter (n(yw known as Xl as the reporting changed during this period Programme related lThvestrnents Other than its paid staff. Emmaus Cambridge's gfealest investmenl is its stte. The communty. located off the A10 at Landbeach comprises of shared accomffKxlalion and modular homes for Companions which access to communal dining, laundry, lelewsw)n and IT areas and gardens, plus a small number of llats for four staff members who TesNle on site. two of which arrived in January 2023. The resident￿1 area is c¢Jmplemented by a series of further buiklirys which are used for warehousing, donation ceipl, felail and catering prernises. workshop plus Off￿S to oversee the operation. Building workslmaintsnance Emmaus Cambridge has Iwo paKI maintenance staff who Wofk wlh a small cohort of companions who have Indicated an interest in this fiekj. The team diligenlty manage a signTfic8nl prcKJramme of activities lo maintain the buildings and 5rte. As we house largety vulnerable adults. our 5UPF*Jrted housing facilities typicalty experience more repair and renewal than found in other tw of socLg1 housing. In this period in addition to furbishmenls of rooms on the departure of a companK)n, we have also needed to remove and replace internal ceilings to be compliant wrth updated buik4ing regulatk)ns. We have embarked on a programme of window replacements in the main house. The mainlenanee team were also involved wth the preparation for and arrival Page 7 Ducus￿n En￿1(￿)e ID.. 6E0o9127*EoA491F4A￿-￿94D7￿CcEXj EMMAUS CAMBRIDGE (A Company Limiled by Guarantee) TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 of six modular homes, and continue to CCQTdinate ongoing maintenance. We also. as hwJhlighted earlier, ajded a bee shed to our growing nLmber of structure5. We moved our emporium building dow to the entrance from our car pa￿. We upgraded lighting in our car parks. We built a new electrical shop. We began work on refurbishing the prevKJus electrical workslw lo make this into a further warehouse (these wcffks will be completed in next financial yearl. Disappointingly al the end of August 2023, we were also the v￿liMS of burglary in our maintenance workshop. Over £6,000 of twls were taken and this delayed some programmes of activities whilst we worked with insurers and sourced repl&ements. During the next year we will" Upgrade our electri¢$ throughLXrt the site. Ccmplele works on new warehouse. Continue with windows repla¢ernenl. Improve the surface of our car park entrance. Improve the surface ouiside our warehouse. Replace our main gates. Financial Review Going concern After making appropriate enquiries. the trustees have a ￿asonable expectation that the charity has adequate resources lo continue in operaliortal existence for the fo￿Seeable lulure. For thi5 reason. they continue lo adopt the going concem basis in preparing the financial sL*emenls. R•sery•s policy Due lo management changes. the annual review of the reserves poh.cy has not b￿n completed. This is stheduled to lake pkce in the nexi financial Designated Funds Cessation of operatK)ns Capital projects Nots Amount 240.000 30,000 Historicalty Trustees have agreed that the charty should hokl three months operating expenses in reserve. and in particular ring fence sUff￿1ent funds to meet ueditors and Obligat￿nS lo Companions and staff should we be forced to cease operations. Trustees have allowed for caprtal prqects and al￿ale(l £30,000 for the cOMp￿tic￿ of these works. At the year end the Chanty had total funds of £3.070.936 of which £2.931.239 are unrestricted. Of these unreslricled funds, £%,242 are held by the subsidrary and £2,495,014 are represented by fixed assets leaving free reserves of £339.983. After the above designatKJn$. free reserves are £69.983. against a target of £NIL. The trustees are s*isfied rese￿¢$ held are nol excessive. with operating expenses expected lo in¢￿aSe in coming year5. Prlncipal fundlDg The results of the yearfs operabons are set ¢xrt in the attached financial slalements. The nel inflow of fLtnds Page 8 txKus¢n En%*lope ID 6E￿9127-6EoA491F4A￿-D94D7MccE3D EMMAUS CAMBRIDGE (A Company Limit•d by Guarantee) TRUSTEES. REPORT {coiillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 amounted to £201.205 12022 £395,224) after 1ndl￿Ing donat￿S of £140,435 (2022 - £W,406), grants of £18.327 (2022 £48,600) and on￿ff legaaes of £15.000 12022 £7,139) and the total income linclLKling housing benefit) raised was £1.787.014 (2022- £1.888.161). £30,264 12022 - £30.4011 has been spent on governan￿ costs. whilst other expenditure has focused on supportin9 companions. their accommcéation and welfare. the business activities including administration. the running of the workshops. the retail shop and the colleclK)n of donated goDJs. all of wh￿h create the important platform for supporbng and devekjping companions. per$￿al skdls and selfosteem. Governance and management Method of appoinlment or ekction of Trustees The management of Ihe ch￿ty is the respL￿sIbl[rtY of trustees ￿ are elected and co-opted V￿lef the temis of the Artides of AssOc￿tion. Trustee nominalions either come Irom other trustees within the charrty and its supporters or via open adveth'semenl and must be approved by existing trustees. in xcordance with the Art￿e5 ofAssocialion. When specrfic skills are required, approaches are made to people wf(h relevant expertise who are sympathetic to the ethos of the charty. If necessary, a trustee would be cwpted specificalty to cover the required function. The current Trustees and those who served during the year are shcmn on page 1. Policie$ adopted for the induction and training of Trustees Each new Iruslee is required to undertake an inductKJn prcgramme which inclLKles brEfings on their legal and ethical responsibilities as trustees. the ethos and values of the Emmau5 movement together with the governance. history and operation of Emrnaus Cambndge. Due to management changes in the period. annual appraisals did not take place. however these will be reinstated in the next financial year. Any training is provided in line with the NCVO Code of G¢)￿1 Govemance and Ma Emmaus UK. Organisational stru¢lure and decision making In order to wor11 effectivety towards the al￿waI￿n of homelessness and relief of poverty and hardship and the distress they cause lo those in need. the board ol Irustees and Ihe leadership team beI￿ve that companions must be al the centre of the ofganisalion. and this is rellected in the $tfu¢ture of the charty. Daity morning meetings tske pkce to discuss feedback, raise concems and agree decisions. The community also has a fortnighlty companion forum, wlh feedback presented to staff for commenuaction. The community also elects a represents14ve who attends meetings at a national levd organtsed by Emmaus UK. The communty committee which meets quarterly, is chaired by a trustee. and a150 wekomes companvjns. Dye to the change of staff in this period tnjstees have been reviewing the way in which companions engage with the board and companions have indicated an appetrte for this. An important element of Emmaus Cambridge is companion solldarity and whilst solldarrty has continued in the S￿la1 enterprise, there is a desire for the solidanty committee lo be refomed. A poly will be produced and infomiation relating to address all of the aspect raised above will be shared in the ne￿ f￿￿n¢la1 yea¢s report. Related party relatbonships Emmaus Cambridge also operates Emmaus Cambridge {Homes). a separate entity introduced further to the construction of 10 new companion rooms in 2018. Page 9 DorJJssan EnVe￿Fel0. 6EOD91274EOA491F.8A9C-D91D7PXCE30 EMMAUS CAMBRIDGE IA Company Limiled by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 Risk manag•rnont Trustees comment on and contribute to a risk register. The register akds discussion reLating lo risks the charity may fa¢e in order lo manage and where possible mitNJate them. This is presented at the qLFarterty board meetings. The principal risks are health and safety and safeguarding. Mitigalb)ns are outlined below.. A nominated trustee oversees health and safety issues throughout the ￿n￿m￿nty vAth nominated personnel having day to day ￿pOnsIbl1ty for ensuring ctyi¥Jliance. A norninaled Iruslee also supp)rts in a safeguarding capacty. Future developments Strategic Plan 2021-2026 The 51ralegic plan was developed in h'ne vAh the Emmaus UK Str*eg￿ pl￿. Ouf agreed strategic priorities ao.. We will help more people by". Enhanung our support offer ￿ we ean work with r￿re complex people. Devel¢)ping our companion offer. Increase the profile of solidanty lo hdp MO￿ people. Fundraise where we need Ico. We will work smarter by". ImprO￿ng our process and make better use of technolc#3y. Improve our environmental impact Review govemance and suC￿Ssion planning for staff and tM)ard. Support the Ernmaus UK Transformat*Jn process We will shoul louder about". Who we are and how we make a drfference. Celebrate what we achieve. Work closer wrth the Iccal authm and other hJ¢xl partners As hKJhlighled on page one. we appointed a new chief executive al the end of this financial year, who will be working with the tnjstees. staff. slakeholders and companions to devdop a new strategy to supersede the strategy, this is expected to in November 2024. Page 10 DOCU5ron En%Ek)pe10'. 6ECQ9127-6E0A491F-8AgC-09407￿cE3D EMMAUS CAMBRIDGE (A Company Limited by Guarnntee) TRUSTEES. REPORT ICONllNUEDI FOR THE YEAR ENDED 31 OCTOBER 2023 Trustees, responsibilities statement The Trustees Iwho are also dir￿10[$ of Emmaus Cambridge for the purposes of company lawl are responsible for preparing the Tiuslees, report and the financial slalemenls in accordan￿ wth applicable law and United Kingdom Accounting Standards (Unrted Kingdom Generalty Accepted Accounting Pra¢ti¢el. Cc*npany law requires the Trustees to P￿Pa￿ ffinancial statements for each financial year. Under ￿rnpanY law the Trustees must not approve the financial statements unless they a￿ satisfied that they give a true and fair view of the state of affair5 of the charity and of the incorning resources arHI appli¢alb)n of resources, including the income and expenditure, of the charity that pericd. In prepariry these financial statements, the Trustees are required lo.. select suitable accounting policies and then apply thern Consistently. observe the methods and principles in the CharitEs SORP". make iudgrnenls and accounting estimates that are reasonable ar￿ prudent", state whether applicable UK A¢counling Standards have been fo11tr￿d, sub￿Ct to any matenal departures disc105ed and explained in Ihe financial slalemenls". prepare the financial 51atemenls on the going con￿rn ba515 unless rt is inappropriate to presuff that Ihe charity will continue in operation. The TTUStees are responsible for keeping adequ*e accounliry reccKds that are suftient to show and explain the charity's transactions and disc105e with ￿asonable accuracy at any time the financial posrtion of the charity and enabk them lo ensure that the financial slalemenls comply wlh the Companies Act 2006. They are also Tesponsible for safeguarding the assets of the charty and hence for taking reasonable sleps f￿ Ihe prevention and detection of fraud and other if￿vI￿1￿8$. The Tiustees are responsible for the maintenance and iwstegrty of the corporate and financial information induded on the chariws website. LegIsl*ir￿ in the United Kingdryn governing the preparation and dissemination of financial stslemenls may drfler from legislatNJn in other juris(lidions. Disclosure of inlormation lo audrto Each ol the persons who are Twstees at the time when this Twstees, report is approved has confimed that.. so far as that Trustee is aware. there is M relevant audit information of %thich the chantys auditors are unaware. and that Trustee has taken all the steps that ought to have been taken as a Trustee in order lo be aware of any relevant audrt informatpJn and lo eslalAish Ihat the chantys audito￿ are awafe of that infomiation. Approved by order of the members of the board of Trustee5 and svJned on their behaff by. r¢ MrJ Humpston Chair of Tru$lee5 Dale 29 July 2024 Page 11 Docusftjn En￿ope 10.. 6EOD91274EQA491F.8A9CQ94D7AaccE30 EMMAUS CAMBRIDGE IA Company Limited by Guarants•l INDEPENDENT AUOITORS. REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE OPINION We have audited the financial state￿nIS of Emmaus Cambridge {the 'parent charitable company} and its subsidiaries Ilhe 'group'l for the year ended 31 October 2023 vthich comprise the Consolidaled Statement of Financial Aclivrties. the Consolidaled 8aL4nce Sheet. the Chanty Balance Sheet. the consol￿ated Statement of Cash Fk)ws and the related notes. includiThJ a summary of signfficant accoLtnting policies. The financial reporting framework that has been applied in their prePar*￿n is applicable law and Unrted Kingdom Accounting Standards, including Financkal Reponing Stsndard 102 The Financial Repo￿.n9 Standard applicable in the UK and Republic of Irelarwj. (United Kin￿J￿ Generalty Ac¢epted Accwnting Pra¢ts'cel. In our opinK)n the financial stalemenls.. give a true and fair vw of the stale of the Group's and of the pa￿nI chantable ¢ompanls affairs as at 31 October 2023 and of the Group's incoming resources and appli¢atw)n of resources. including its income and expenditure lor the year then ended.. have been property prepared in accordance wth United Kingdom Genets1￿ Accepted Acwunling Practice.. and have been Prepa￿ in accordance with the requirements of the Coffyanies Act 2C￿ and the Chaiilies Act2011. 8ASIS FOR OPINION We conducted our audrt in attordance wilh International Standards on Auditing IUKI IISAS {UKII and applicable law. Our responsibilities under Ih05e standards are further described in the Auditors, responsibilities for the audit of the financ￿1 statements section ol our report. We are independent of the Group in accordance with the ethical requirements that are ￿leVant lo our audrt of the financkAI statements in the United Kingdom. ineluding the Financial Reporting Council's Ethical Standard. and we have fu￿illed our other ethical responsibilities in acwrdance with these requirements. We believe that Il* audit ewider￿e we have obtained is sufficient and appropriate to provide a basis for our opinion. CONCLUSIONS RELATING TO GOING CONCERN In auditing the financpl ststements. ￿ have concluded that the Trustees. use of the going concern basis of accounting In the preparation of the financial slalements is appropriate. Based on the work we have perfom*d. we have not identffied any material uncertainties rel*ing lo events Of conditions that. individualty or colWNety. may cast significant doubt ￿ the Group's or the parent charitable company's abilrty to continue as a going ¢￿￿eM for a periiyj of * least twelve months Irom when the financial stalemenls are authotised foi issue. Our responsibilrties and the responsknilrties of the Trvstees with res￿ to g￿Tr9 concem are described in the relevanl sectKJns of this report. Page 12 DooJ$lJn En¥elope ID.. eEOD91274EOA491F4Asf￿94o7AeCcE3D EMMAUS CAMBRIDGE IA Cornpany Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE {CONTINUEDI OTHER INFORMATION The other irtfomiation cc%nprises the information induded in the Annual Report other than the financial ststemenls and our Audtiors. Report thereon. The Trustees are responsible for the other information contained wrthin the Annual Report Our opinKin on the financol statements does not cover the other Information and. except lo the extent otherwise expliutty stated in our report. we do not express any form of assurance conelusion the￿On. Our ￿ponsibIl￿ ts to read the other infonnat￿n and. in doing so. consider whether the other infomalion is materially inconsistent with the financial slalements or our knOw￿dge obtained in the course of the audrt, or otheN4ise appears to be materialty misstated. If we identify SLsch material inconsistencies or apparent m81efo1 misstatements. V￿ are required to detemiine whether this gives rise to a material mi5slalement In the financial sl*ements themselves. 11. based on the woth we have performed. we conclude that there is a material mi￿￿tement of this other inf0M￿tiOn. we are required to report that fact. We hav8 nothing lo report in this regard. OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006 In our opinion, based on the work undertaken in the owrse of the audil.. the infomialion grven in the Trustees. ReFM)rt for the financial year for wh￿h the financol slalements are prepared is consistent with the financial slalemenls. the Trustees, Report has been prepared in xcordance with applicable legal requirements. MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION In the light of our kncmledge arKI undertandiry of the charitable company and ils envirorffienl cthined in the course of the audit, we have not identified material misstatements in Ihe Trustees, Report. We have nothing to report in respect of the folSyMng matter5 in relation lo which Companies Act 2006 requires us to report to you rf. in our opinion.. the Pa￿nI charitsble company has not kept adequate and sufficient accountiThJ records. or fetums adequate for our audrt have not been received from branches not visited by us,. or the parent Charitab￿ company financial statements are not in agreement with the aecounling rttords and returns., or ertain disc105ures of Tnjslees. remunerabon specrfled by law are not made", or we have not received all the Infom￿tIon and explanations we require for our audrt,. or the Trustees wefe not entitled to prepare the financol Slalemenls in xcordance with the small companies ￿1rne and take advantage of the small companies, exemption$ in preparing the Trustees, Report and from the requiremenl lo piepare a Str*egic Report. Page 13 DoLMJ$iyn En¥dow ID.. 6E0D9127*E0A491F-8A￿g4D7p￿CEJo EMMAUS CAMBRIDGE IA Company Limited by Guarantee INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF EMMAUS CAMBRIDGE ICONTINUEDI RESPONSIBILITIES OF TRUSTEES As explained more fvlly in the Trustees. Responsiblif(￿S Si*emenl, the Trustees Ivtho are also the directors of the charitable company for the purwses of company law) are responsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view. and for such internal control as the Trustees detemiine is necessary lo enable the prepatation of finanaal statements that are free from material misstatement. whether due to fraud or error. In preparing the finanoal slalements, the Trustees a￿ responsible for assessing the Group's and the parent charitable company's abilty to continue as a going concem. disckjsing. as appluble. matters ￿lated to going coneern and using the going coneeTn basis of accounting Unless the Trustees erther intend to liquidate the Group or the parent charitable company or lo cease operalhons. w have no realislic allernalive bul to do so. AUDITORS. RESPONSI8IUTIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS Our objectNes are to obtain wsonable assurance about whether the financ￿1 statements as a whole are Ire8 from material misstatement, whether due to fraud or error, and to issue an Audf(ors' Report that includes our opinion_ Reasonable assuran￿ is a high ￿ve1 of assurance. bul trs nol a guarantee that an audit ¢onducted in accordance wth ISAS IUKI wll a￿vaYS detecl a mater￿1 misststement when it exists Misstatements can arise from fraud or error and are considere(I malefial rf. ind￿￿￿￿aIfy or in the aggregate. they could reasonably bg expecled to influence the economic decisions of users laken on the basis of these financial slalements Irregularrtie$, including fraud, are instances of rton-compliance wrth and regulalions. We design procedu￿$ in line wrth our respongbilities. oudined above. to detect material misstatements in respect of irregularrties, including fraud. The extenl to which our proc&Jures are capabk of dete¢tirYJ irregularities, including fraud is detailed bek)w'. Our approach to hyent￿"fig and assessing the risks of material misstalement in respecl of i￿￿lanties, including fou(J and non