2023-08-31-accounts

EMMAUS OXFORD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST, 2023 Company Lyo. 3422350 Charity No. 1066618

EMMAUS OXFORD The trustees presertt tlir rep)rt and the fiDancial statements of th¢ ¢harity for ￿ ytaT¢nded 31 August, 2023. Trustee5' Report AuditOT5' Rcport Statcrncnt of Ftnancial Actiiti&% pageLto5 Pa￿61￿9 page 10 page 11 page 12 8Th113 P98¢ 14 to 22 23 Balanc¢ Sheet Cash Flow Stathent Notes to the Financial Statements Additional Infomiatlon Reference and AdmlAistrallv¢ detall$ The chwity ￿gistratIon nutuber is 1066618 and Ik romppny r¢8islTBlton nurnber 15 J422350. Th¢ wmpany is r¢wt¢r*l tn England. Regtsier¢d Offi¢¢ Eminaus Oxford 171 Oxford Road Cowl¢y Oxfurd OX4 2ES Tnwle¢s ofEmmaiis Oxford The inistees who served durin8 Ib¢ year. and the d8tes of ony appointrnents and ￿57￿8t19ns during lh¢ y¢4r. w¢r¢ gs follo￿. K Brain A Clark M Hallam A Hipkin C.MacFartane F. Mckay B. Moloney A Mor8an-Giles N Ros¢ (resi￿1 12th May 2023) (oppointed I￿h December 2023) (resi8ned I lih Sepr¢mber 2023) (appoinled 25th July 2023) Brtnkers &pmfe5siondl odwe Bankers Barclays Bank PLC PO Box 333 Oxfonj OXI 3HS A￿At Criichleys Audii LLP Bea%Er Hou 23-38 H￿h¢ Brid8e StTeet Oxfonl OXI 2EP

Strncture. Governante and MaAtagement The organisaiion is a ¢haritsblc company limited by Viaranttt. irwrated oft 20 Au8USt. 1997. aDd ￿)Sle￿￿ a C1￿11Y. ThE Cotnpany IWd5 Lncorsx)raicd under a Memordndwn of Association which cstsblish¢d th¢ obj¢cts of th¢ charitabl¢ wmp4ny, and is governed its Articl&% OfAssi￿latIon which were last amended on 1st July 2012. The charity is adrninislcr¢d by th¢ Iruw wilh daY-l￿daY Tf5PDll5ibility dclwtcd to the CEO, Edward Blaze. Th¢ OTgani58(ioo T¢cnJil$ n¢w tnJsi¢¢s from a ¢ombiu*ion of tiatioDal thertisillg through tbe ErntD￿￿ UK website and personal recoo]mendatioD. Tr tntster5 have cotnmitted Ihernselves lo open and inclusive ¢n8a8emeTht poli¢y and all trusiees ar¢ recnjiied and r¢thingJ on the bwsis of the netd5 of the OTganisation and an objective agsessmeni of ihe skills required. This assessment is Carri￿ out annually. arml i5 compired ￿th a teview of the skiljs and competencies of Ihe inL%iees. Resource shortfalls are ￿dressed by the r￿[U11￿Cnl of fiJrth¢r twstee$ and seleclive training provided to exTSting tri1¥1￿. RiskMaNasemenl The trustees have carried out a dctailed rni¢w of ihe chariW$ a￿1¥11¢¢$ 4ThJ w(thcrd a COmp￿hr￿1ve stTatC8ic plan setting Out ih¢ major opportunities avaiiable io the c1￿)ry and the risks to which it is ¢xposcd. The trustees intend to rnonilor pro8re55 annually &BBiLsl the straie8ic objectives sd out in theplan. As part of their review. the tN5tees have implunented Ti$k management strategy which ¢¢mwrw: a ¢oniinuous T¢Vi¢W of lh¢ risk5 which thc charity may face: ¢S18blishing $ystems and PTor¢duT¢5 to miligale Iho% risks idcniÈfLed ID ibe plllD" aihl th¢ impl¢m¢nvdlion of Pfo¢¢dur¢$ d¢signed 10 minimise 8nypot¢ntial im• on the charity should any of OM)se risks ￿terIaliSe. The prirKipal finan¢ial risks io the or8anisation remaiti its ￿e￿nderte on ils main strewns. which coniinue io be 5upplemenTed by 8eMrous donations from Mipporters. The gecottd-hand furniture store is expKted lo incre4s¢ trading revenue $ub5taNially ov¢r (he JThi fcw yeaT5. Particularly thrDugh on-tiDc sale5. The organr5ation's long-lemi Yibbiliry depends ort this being 8¢hieved. The oibeT rnain inco￿￿ 5trc8m 15 Ihe Companions. ho￿51n8 benefit which will be subject to T¢view as part of the govemmtnl's ongoin8 welfare reft)m?$. The trustees are awart of th¢ir rESPDn5ibililit5 to ertSUfE compliarKe with all 4atutory legislation aThl th¢ mjin 8TW ¢¥nsid¢red are as follo￿.. Charity IAW Company12W Trustees, Act Data Protection Act & GDPR Disabiliry DxscriminAlton Act Employmetil alld NalJE)nal Mtnimum Wage laws Working Time Regulatio Human Righis Ael Race relation5 Health & Saf Office. Shop5 and Railway Prcmiscs Act Cotnplian¢¢ with laxalioll regulatiotLS relaliD8 lo cmployees and donors

Objeetlves of Emmau$ Oxford Th¢ charitys objects are the alleviation of poverty and hardship. and distress arising th¢r¢from. for those in need. without distinction. The principal aim of the organisatlon LS to provide accort]modBtion. suppoo learning and developrt]ent and work activity for homeless persons. atld to achieve the financial sustainability necessary to underpin this by increasing trading revEnues w]d trading surpluses to support this Ernmaus Community in Oxford. The charity has also received mucli-needed donations in support of the Community. Continuing Contr1￿ut]onS in the form of liousing benefit and donations will be required in addition to the trading income. Athievements & Pprform2llce OxfDrd is continuing to develop the Cotntnunity 2nd to establish it oll a sound basis for the futhre. There is gene￿IlY a hll complement ofcompanions, with tnore homeles5 people recruit¢d wh¢n there 4r¢ vacancies. The Chatity has established 169 Oxford Road as a transitlDnal facility for thos¢ Companiotts who are Seeking to 'tnove un, itl the near future. bringing the toral number of Companions that can be accommodated to 28. Plans are in place to develop 167 Oxford Road into an additional transitional facility, providing mor¢ spa¢es for move on, Companions in the fjjttjre. Emmaus Oxford is also continuing to grow its secondhand ￿miture rerail operation, and other social enterprise activities, as a means whereby Companions can work and at the same time geneTat¢ funds to fir￿￿ce the on-going running of the Community. Sales of secondhand fumiture and other goods continue to ww a5 a result of the donations fro￿ individuals aud orgaThisatiQDS. and in recet]t year5 online sales have developed well. The eXtE￿1Ve secondhand fiThiture store, sited close to the Community, opened for trading on 14th May 2016. and marked the n)ajor capital development for Emmaus Oxford Sin￿ the opening of the Community building in 2009. As part of the financial arrdngements for the building and fitting out of the new store the chwitywas required io make a substanthal capital Contrib￿lon to the project. An additional slorage facility ivas sourced 202D, in close proxi￿lty to the store. to Incre￿ the stockholding capacity and provide a'hubl for the oii-line PlatLS for the future Emmaus Oxford will seek to support and encourage all CompaniDlls to move-on to independent living as soon as they are able to, has resources dedicated to as51Sting companions in making this transition. The future strategy is to incr￿¢ the number of CompaniDn5 that can be supported by Effjmaus Oxford. The acquisTtion of167 Oxford Road will be one of the elements whi¢h supports this Strategy. Plons for d¢v¢loping 167 Oxford Road are underway. with construction works planned ahead of opening the new facility. FllndrdlsiDg Emmaus Oxford is registered with the Funthaising Regulator and complies with their Code of FuTKlraisins PraGti¢e. Th¢ cltaTity re￿1v￿ no complaints about its fundraising this year. All fundraising campaigns were run by one rn¢mber of stsff diredly employed by Emmaus Oxford usin(r ¢ommuni¢arions by dire¢t mail. email and social medi& Emmaus Oxford is signed up to the Fundraising Preference Service but this y&v received no requests from this service. Supporters of Emm2us Oxford can elee4 through the web$it< to receive th¢ newsletter and have the opportunity to review and change their communication preferences similarly for all communications. Emmaus Oxford continues to apply ils supporters. privacy policy and its ethical fundraising policy to maintain high standards in our fundraising. Botli are available on the website. The ethica] ￿ndra'ising policy describes the step5 IL tak-e5 if Dffered a donatiotl iioill soIii¢one wlio is poteiitially vulnerable ￿5¢} ¥ive5 details now to make a complaint about our funthaiSi￿ The privacy policy for 5UPPQrters contsins details on the steps the charity takes to protert gUPPDrter5' da In the year 2022-2023, our fundraising continued to be successful and Emmaus Oxford received substantial support in the foml of grants. donatlOll5 and a legacy.

EqMAlity> diversity 8nd inclusion Ernrnaus Oxford wants to offer an environment which invitts and w¢lcowK5 diversity amongm the staff. volUnt￿S and companions. This year Enllnaus Oxford took the fcpllowillg steps towards that goa]: Appointrd an 'Egualiry aDd Jnclusion Champion, fr(Mn amongst the board of trustee Conducted Equaliry Impact Assessments for n￿jOr policy reviews and new policie5 AJTanged for a]1 staff to undertake mandatory training in Equality and Divet5ity Monitored equaliry and diversitv within applicants and cornpanio￿ thmu8h an annual anonyrnou5 survey Encouraged applic&nts wsth lived experience of homelessness to apply for paid atKI volunteerroles Introduced a new Donwlic Abuse Policy and aprx)inted a Dom&%tic Abuse Champion frorn within the staff. S8fegugrding and serious iDcidents Emmaus Oxford are comtnitted t0 5UPPOrting the safety and wellbetng of our companions. rnany of whom have care and 5UPPOrt need5. All staff undertake mandatory irninirjg in Safeguarding Adults (levels l and 2) alld Safeguarding ChildraL with annual refresher cour5&5. A Trustee Lead on Safegwding h&$ b¢¢n appointed. Safeguarding is referenced in recruitment paperwork and test¢d during selection pro¢e&ses. Emmaus Oxford r¢ported no serious incidents to the awity Cotnmission duTing the u)urse of this y Public Benefit Emmaus Oxford is Committ￿ to helping homeless people rnake a llew start. Tlie dwity 0￿[3￿ two communiTr buTldings which allow it to pmvide a for a number of them. Over th¢ past 10 y¢)rs it has awted marty homelas people as fotnpanions. who are living in the Cotnmullity and working there and at the secondhand futniture Sto￿ The chority provides affordable fumiture and household go(Kls in the SecOndh￿d fijrniture sto￿ for the general publi4 mu¢b of which mighi otherwise go inttTr ]andfill. The charity is therefore proiryding o public benefit in accordance wit4 its objeLtives. Th¢ trWSt¢￿ have complied with their duty under Sec4ion 17J5 of the Charities Ael 2011 having regard to the guidance on public benefii issued by ihe Charity Commission. Financial Review The results for the year and the charitys financial position 8t the end of the yearare shown in the attach￿ financiat statemetrts. The trustees have adopted the provisions of the St￿&)￿nI of RecoTnmended Praoti¢¢ (SORP) 'Accounting and Rew)rtillg by Ch8rities- in preparing the 8nnuai report and firwicial staten]ents of the charity. Res¢rYes Policy The trustees have reviewed tbe reserves of the dwity. This review encompassed the natt￿e of the income and eXp￿￿tillre Streams. the need to match variable income with ftxed commitments. attd the llatu￿ of the ￿ServeS. Th¢ review ￿nCluded ihat to allow rhe charlty ￿ be managed efficienily, and to provide a buffer for unint¢rn]pt¢d services, a general reserve of £225.0(hJ j£225.000 for 20£1-22) should De rnaintaingl ior the level of UnTeAriC￿ fijrtds not conllnitted or invested in rangible fixed assets. which equates to appmxifftately three months, expenditure. The charity's totsl unremriaed reserv&% in CiJtTeiit asset5 as of 31 August 2023 are £797.326 (2022.. £560.846). The charity is aiming to pn)vide'move-on' accotnmodation for Companions who are ready for nN)re independence. This 15 estimated to rwuire an investnmt of approximately £O.Sm. The Qu￿t genernl reserve of £572.326 {2022.' £335.846) is i￿sufficient to achieve this while rnaintaining working ¢apita]. Therefore the cbarity is xtively seekll)g fiuther fimding for'tnove-on, accommodatiOTJ while retaining rther unr4StriiXed ￿ndS amounting lo £300.0(M) for working capitaL

Tru5tee5' Responsibiiiti¢s The trustees are res￿￿51￿1¢ for preparing the r¢p)n and finattial ststernents ID witlL applicable tawand re8ulatiO￿s. Company law rquires the tnwees to prepare financial 5trkment$ for fiDancil year. Under that law the tnLrfccs h&yee1￿ to prepaTr the financial Statements in Kcordanc¢ Uniied KingdoD] Ge￿rallY Accq>t¢d Ac¢ountiDg Pta¢ti¢¢ (Unired Kingdom Accounittig Stand#rds and applicable law). Under c¢)rnpany law the trust￿5 must not 8pprove the fil￿￿¢121 5tatemcDts ullles5 they are wisfied rb&t they gi￿ a trne and f8iF viewof the 5tat¢ of of il charity aThJ of tl incoming iesour¢es appli¢ation of resources of thecharity for thatp￿lo(L Itl prepariAg thcsc financial statrments tb¢ trustees art required to.. select witable 2ccounling w)]ici￿ and then apply Ihern L￿]￿nI)y. make judgemeLts and a¢¢wrting thai are re&qM*blcaDd ptuthi. prepare the r]nartial thtements on the going ¢onceM Msi$ unless it is ]Dwr￿at¢ to that the ¢hwity will continu¢ in busiDes5. The tnjstees are re5poDsiTrle for keepitig9de￿e actountillg ￿[&5 tbat are sufficielltto show aud explain the charity's trathsxtions atld disclose with any reasonable a¢cur&¢y tti any time the finaD¢i#l position of the charity and io enabLe them to ¢L￿re tbat the finwKial stat¢wits cotllply with the CDrnPVJJi¢5 Act 2006. They ate also respoTLsible for safe8uarding the ets of th¢ tharity and he￿e for taktDg TEa50nable st¢P5 for th¢ pteventiou and dcicction of fraud and other irregularities. So far &$ the (ru5tee5 are av4arA the[¢ is no relevant audit infornuiion oi wh￿b ihE cbariiable cottwally"$ allditots are uDawat¢. and each trusiee has takell all The steps th8t he or she ou8ht to bave taken &$ a director io otd¢r to snake hI￿￿1r or h￿￿1r •vare of allyTrt¢Yaoi audit infonnation alld to e5tabb5h tbai tIK chatiiable COXDpany'5 auditor5 arc aware of that infornjation. This Repori pwared in a￿Orthe with the sinall companies regme the Cthwies Act 2￿6. Approyed by the ￿￿$teeS on the 9th April ?024 aJ¥O l&YTh, Andrew Morgan-Gil¢s Chalr of Emrnau5 Orford

INDEPENDENT AUDITOILS? REPORTTO THE MEMBERS OF EMMAUS OXFORD Oplnlon WE have audit¢d the finbncial ￿ateMellts oFErnmaus Oxfotd (the'fhariwj for ihe year ended 31 August 2023 which comprise th¢ Statemeni of Financial Adiviti¢s. Baian¢e Ske¢t, Casb Flow Statements and notes to the financial sla(et]]enl$, including a surnmary of signifJcaLt accounting polioies. The financial reporting fratnework that bas beell applied in their preparation is opplicabl¢ IAW and United Kingdorn Accounting s18nda￿ls, irKluding Financial Reporting Standard 102= Thc Financial Reporting Standard applicable in the UK and Republic ofJreland {Uniled Kingdom Generally Accepted Accounting Practic¢). tn our opinion, th¢ financial 5tAtements.' 8iv¢ a Irue and fairview of the 5tat¢ of ihe Charity'$ affairs a5 at 31 Au8USt 2023 and of ils income and expendiwre for ihe year then eDded; have bEEn pwperly ptepared ill accordance wilh United KiThsdom Generally Accepted Accounling Practicv, hav¢ been pr¢pared in #ccordallce with the requiren)ents of the CompanLC5 Act 2006. Bas15 for opiRro We cotsducl¢d our oudit in affordance wÈih International Standard5 OD AudTting (UK) (ISAS IUKII and applicabk laiv. Our T¢5ponsibilities under those Mandards are fi]rtber described in the Auditor s respon5ibilitie5 for the audit of the financial statements section of our r¢port. We independent of the Chanty in accord8rKe with the eihical requirements that are relevant to our audtt of the financial statements in the UK: including the FRC'S Eihical Standard. atld we have fjjifilled Dur othereihical rwon5ibiliiies in accordance wth thc5e TequiremeDlS. We believe ib81 tlLe audtt evidence we baye obtained is 5UtTici¢nl and oppropriate to provid¢ a basis forour opinion. C(pnclusions relating to going con¢ern In aiiditing the financial stat¢ments. we have concluded that ibe Misre¢s' use of the going concern b&sis of aCcol￿tIng in th¢ prtporaiion of th¢ fJnan¢ial Statements is appropriate. Based on th¢ workive have perfonned, we bave not identified any malerial uncertainii¢s relating ro ¢v¢nis or ¢onditions that, IDdividually Drcoll¢ctiv¢ly. tnay ca515ignifirant doubt on the chaThty'5 Ic bility to continue as a going roncern for a period of At least 12 monihs from wlicn the financial 5tsteTrKnts ate authorised for issue. Oui r￿ponsIbili1￿￿ and ihe responsibilities ofthe trustees with respect ID going concern thre described in lh¢ relevant se¢¢ions of ihis repori. Other Informatlon The trustees arE responsible for th¢ oib¢r infomwtion. The other infornurion comprises ihe infonnarion included in the annual reporr othet ihthn tb¢ fi[￿ncial 5talcm¢nts and our auditor's report ihereon. Oiir opinion on the fillallcial stut¢m¢nt5 dae5 liot cov¢r th¢ other information and. except to the exieni othenvi$e explicitly Staled in our report, we do not express any form f Jssuranee conclusion thereon.

In connection with our audii of the finaDcial 8tatement5, our Te5ponsibility is to r¢ad the other inforn?alioTr and. in doing so. consider ivhether the other inforniaiion is materially inconsistent with the fjnancial 5taternenlS or ourknowledg¢ obiained in the audit or otherwise appears to be tnalerially misstated. If wc )d￿tify such material inconsistencies orapparenl material mfsstatemeDt$. we are rquired to deterniTne ivhciber there is a matetial misslalement ￿ ihe financial 5talemellts or a wat¢rial misslaicmenl of thc other inlormatioD. If, kncd on tb¢ work we have p¢rfonrKd. we conclude that rhere is 3 materi81 misslatemeDt of thi5 Othcr infollnatioD. ar¢ required 10 r¢port that fact. We hav¢ nothing Lo ryort in thi5 r¢gard. Opilliolls on other matters pre5trlbed by the Cornpanie5 Aei 2006 Ill our opinion, ba5Ed on the work U￿lertaken in the cour5¢ of the audit.. the infornution given in the 1n1st￿, report (incoo)orating ihe director5, r¢porti for the financial y¢ar for whi¢h the financial siatements ate prepared is cortsisrent with the rinancial 5tatemeThls' and th¢ ¢Nstees' report lineoryorating the directors, reponl h&ve been prepared in accordance with appli¢abl¢ legal wu1￿mentS. M2tters on ivhicll iye are required to report b), exeeption In the lighi of the knowledge atLd understanding tsf th¢ ¢Dmpany and its ¢nviroJ]ment obtained ill tbe course of the a￿￿]1. we have not idcntificd mai¢rial rnissiat¢men¢s its the trustees, report. WE have nothing to rcpDrt in re5P¢Ct of the followng maliers in relation to whtch the Companies Act 2006 requir¢s us lo r¢port to you if. in otsr opinion.. suffici¢nt accouDting records ha%e th)t been kept; the fInancial stAlements are noi in agreement iwth ihe accouNting ￿rdS and retums. ertain di5closure5 of ITusle25' TEmulletalion specified by law are not madv. or we have not obtained all the information and explanations necessary for thc purposes of our audil. Il)e irustees were noi entitled to take advantage ofthe sinall compani¢%' exemptions irt pr¢poring the directors, retth and fron] the r¢qUI￿r￿ent lo prepare o stralegic report. Re5P0115ibilitie$ of the trustets As explained more fiilly in the tnis1¢¢5' r¢spon5ibilihe5 5taleTnenl Isei oiii on pa8c Sl- the trustees are responsible for the prepardtion of rhe financial sthtcTn¢￿ts and for b¢ing sa115fied thal Iliey give a tnie and fair Yi¢w, and For such internal conlToI ILS they determin¢ is necessary to cnablc the P￿ParatIon of financial siiteimenrs thai are free frorn material mis5t￿teMent. Ivhether diie 10 fraud or error.

In preparing the financial statements. the ttvsttes are Mponsible for &$5es5ing the Charity's abilityto continue &% a 8OingcrJn¢W￿ dI￿10s11￿ as appli¢abl¢, matters relatd to Eoing concern using the 80in8 concern knis of accounting unless th¢ t[￿$￿¢$ eith¢r inr¢nd to liquidat¢ tk Chatity OT to r Trlistic alternative but to do $0. Audltor's responsibli1ti￿ for the 8lldit oftb¢ fjnan¢l41 slt¢mellts Our obj¢ctiY¢s ar¢ to obtain r¢ysvnabl¢ assu￿K¢ abo￿ wh¢thcr the fllwKial statc[w￿￿ a5 a wtKile are free frorn roaleri&l misststemenL wFLetberdue to fraud or error, and to ISSUE a aLiditor"5 report ihat include5 our opinioEL Reawmble ¥5urance is a high level of ￿vran￿. is not a guarftn￿e tbat an ludit conducted iti accoidance ivith ISA5 (UK) ￿,111 &livays dde¢t a Tnaierial misstatellLent wben li exists. Misstatements Can &ri5¢ from fraud OT error aThJ are corL4idered matsrial if. irdiiduatly or in thc 888rega, could rEawnably be expttted to inflUe￿e the ecouornic decisions of users iaken on the basi5 of th¢sE financial 5tatENKn Irregularities. including frdud. are iTL4aDcts of non-cornpliaKe with laws atjd regulations. We design prcceduffs iD linE wtlh our ￿￿￿sibIlItie4 wt11￿¢￿ a￿Ve, to detECt rnaterial Tn]sstate￿CDts in r¢5pert of itrewlatiti¢5, inrllldi￿g fiau¢L Tr txlerjt to whith 0urwlKtd￿ are rapsble Ordetecti￿ irte8vlarities, includtDg fra￿j is detailed b¢low.' Our approach to identifying and a55es$ing tbeIisks of nyterial misstam¢￿ iu res￿¢1 of irr¢gulariti¢S. Tn¢ludill¥ fiHwJ ￿K1 non-Lwlianfft with law5 reguknions, was &s follows.. the 5eniDf Sta￿tOry audilor WJsU￿d that the engage￿t tearn collectively bad the approwiaie conipth¢¢. ￿pabIlIti¢5 attd skills to identify or re¢ogni5¢ non-cotnpliance with applicable laws and regulations- identified th¢ laws and r¢gulation5 applicable to the charily disLlJ55iOn% With tnLStees and otherrnanagemeol and from our knowledge ind experienc we focus￿ on specific law5 aDd tEgulations wbÈch we considered May have a direci maÉeri81 effe¢t on the financial ststements or the operations of the chatity. we assessed the extent of c¢ympliwKe wttb th¢ law5 and fEgulatioNs ideutified abov¢through Tnaking CTKwirtes of marweni; and id¢ntified laws a￿d regulations weTE communirated within the al￿1t teatn r¢gilaTiyarMI the teafflremaioth alen to instances of non-Q)mplian¢e throughout thc audit. W¢ ￿seSSed th¢ wsc¢ptiTrility of the charity'$ finawial Slments to TllateTial llJissiat¢m¢nl in¢ludiug obtainillg an uuder5tandingof bow fraud ￿Ight occur. by.. rnaking ertquiries of m2nagenttt 8$ to they con5id¢red ihere was susceptibility to their I(nowled￿ of aaual. sUSP¢Cted and alle_etyj hud: and eonsiderittg the ij)ternal contr¢)15 in place to mili￿¢ risks of fraud and non-compliallce witb laws and regulaiions.

To address the risk of fraud througb n￿llage￿I bias and override of cootro]s. %v. r¢rfonlled 808lyti￿1 procedyt¢s to id¢utify 8ny m)wu21 orunexpthl r¢lattODships" tE5ted journal tlltties to identify Un￿$Val ttanwtF &sseskd whdherjudgements aThd asswnptions made ID dd¢rminin8 the accounltng imates were iThlicative ofpoteThtial bia5: and illve5tigatcd the rdtionalc EEbind significath or TEDUS￿l transactiorL In response to tbe risk of irregularities 8iKt noTrcompliatte wilh jaws andre8ulatioo& we designed prottthires which illclude& but were limited to: agreeing fJnaKiaL 5tstement dtscLosures to underlying suP￿￿ting d(Kutnenl3ti rcading the rniDuies ofmcetings of ibose chatgcd with gov￿nanCe. and enquiri￿g of management &8 to aciual and w)tential litifdtion and c181t￿. Th¢re ar¢ inherettt limitatiOffiJS iti our a￿11{ proC￿l￿r¢S des¢riEd aknY¢. Tr tDortra))oied tb laws a￿d T¢gulatiofjs ar¢ from [￿la1 transactions. th¢ less likely it is thbt w¢ would become *ware of non-complianc& Auditin8 standards also limit the audit PTrKedure5 rquired ro identify Tr)nwl1a￿B with laws and rc8ulations to enquiry of the trustees aud other TTrana8ernEnl and the irwection ofTegulalory and le8al cO￿e5￿￿, if any. haaterial misstatments that arise due to f(aud can be barthr to dewkn thos¢ that arise fiojn ernTrras they may involve delil)erate eottealment ortollusion. A fuTther desctiption of our resporsibilitics is availabl¢ on the Ftnaocial Reporti08 Counthl's website at: www.frc.or auditors￿$ onsibilitie5. This d¢s¢ription forms part of our auditor's rep)rL Use of report Thi5 report is made solely to ihe ClwThty"S tnemkr& as a body. ill accordatLC¢ With C10Pter3 of Part 16 of ihe Companies Atr 21X)6. Our a￿lt work has bcell und¢rtaken so that we Tnighi 5131e to the Charity'5 TnEmbers those matters we ate tequited 10 sthte to them in an auditor's retK>rt and fof no otber Pur[￿Se. To the r￿lIest extent perrniiied by law, Iv¢ do not a¢¢epl or assiime TesponsibilÈty to anyolle otber than the Chanty's rnernbers as a Edxly. for our audtl For this rep)n. or fortbe opinion5 we have fomied. Colin ML ills (Seoior SlaÉulory Auditor) For alwj on behalf Df Critchleys Audit LLP (Statuw Aiditor) 23-28 Hylhe Brid%e StreeL Oxford. OXI 2EP 24 April 2024

EMMAUS OXFORD STATKMENf OF FINANCIAL ACTivrrIES For the year et]ded 31 AugusL 2023 Totsl Total Note Unrtstrieted R¢stri¢trd 2023 Unrestricted Rutricted 2022 Income DonatioLs & Legaciey Othertrading activities Investsnent income 597,975 93.915 691,890 201.891 121.766 323.657 34.559 34J59 821 Charitabl¢ activities- Furniture store 668J21 668.521 576,455 57A455 Housing Ixnefit for Companions O¢lw incom¢- Gift Aid 257Jir2 257.302 237.363 237.363 54,342 54.342 49.089 49,089 Total Sncojlle 1.612.699 93.915 1.706.613 1.065,619 121,766 1,187.385 ExpeDdiknre Raising fu]KLs 67.1 67.187 63,722 63.722 Events costs 2.926 2.545 2.545 Charitable activitie5 88Q235 94.939 975.173 8,225 93200 921,424 Totsl expellditure 950.347 94939 1,045.286 894,492 93.21M> 987,692 Net gaInsl(los￿) on investments Net income (eXpendI￿re) for the year before transfers 1092 2,092 663,420 (1.024) 171,127 28,566 199.693 Transfer of fijnds from restricted to unrestrictd fi￿d 17 18.670 (18.670) Fund balauces Net movement ill funds 664,444 (1,024) 663.420 189,797 9,896 199.693 Brought foThvard at I September. 2022 1.828.791 13.686 1,842.477 1,638,994 3,790 1,fv12,784 Carried fonvard at 31 AugusE 2023 1493234 11662 2505,897 1.828,791 13.686 1,842.477 io

EMIIIAUS OXFORD (CD nujnber 3422350) BALANCE SIIEET 31st August 2023 otes 2023 2022 Fixed Assets Leas¢hold Prop¢rty Freehold Property Equipu]¢nl Motor Vehicles 10 511,856 690,948 2,674 28.253 546.448 690,948 io 10 10 44,235 TangTble assets Invesimenl$ In1&n￿ble ￿$$¢13 1,263,731 432.178 1,281,631 3&11 10 Totnl flxed Asset5 1.695,909 1.281,631 Curr•nt H$s¢t5 Cayh #i Bank Debiors 820,161 53,164 381,U12 31,142 12 873,326 632.154 Credltor8 du¢ within QDe y¢ar 13 {63,338) (71,308) Net cyrrcnt •ss¢ts 809.988 560.846 Tollll Assels less current11obllltle¥ 2,505,897 1,842,477 Credltors due aller more thats one year.. (see ntsie 12) r4tt #$$ets 2.505.897 1,842,477 Funds Restri¢ied fiinds 16 12,662 1.232,8( 1,260,430 13,686 ,237,396 591.395 Unrestricled funds (designated) Unrc5tiicted fiind5 (other) 16,17 & 18 16 Totlll ehllritv funds 7hexrrf¢0Un￿w¢r¢app[0v￿￿d1￿fv￿*dff￿r15v￿ebY1￿edrt￿Ot￿Qrttk￿￿ A￿111￿4 2.505.897 1,842,477 JA4(￿,.

EMMAUS OXFORD CASH TrI.OW' STATTr'MLNT For ttle ye4r ended 31 Augu5L 2023 2023 2022 Cash flows from optrating 4rt&vides: Nei cash provided by (used in) ¢)perdtingactivities 207.471 172,455 CA$h flow5 from Inv￿lIng getlvltl Dividends. inierest 8thJ trnis fiDm inves11￿1$ Proceth from the salc of Pr￿￿rtY PrOce￿ts from the sale of plant znd equ1pll￿nt Purchase of propery Purchase of plant aDd cquipmcnt Proce¢ds from sal¢ of inycslmcnts Purcha5¢ of iTrvcstmcnt5 Nei Cath provided by (used in) illvesiin8 ￿tiVitieS 34J53 821 (490,0001 (20,6671 (2.675) 31.678 (509,846) Cash flows from l]nancln% attlyltles: Cash ithflDws ftom n¢w boTrowing Rcpayincnts of borrowing Rweipt of endowmwnts Nei ¢Ash providcd by luged in) finincing activili¢s 125,000) 125.000) RegultAnt cash now 239,149 1362J91) Re¢on¢lllatlon of net In¢om¢ll¢%p¢ndlture) tll Det t*Jb fioY4' Cash und ca¥h eqiiivalenis al the beginnin¥ ofihe Re￿Irting Period CJsh and cash ¢quivaleni$ ai th¢ end of the Reportin8 Period Net ¢a5h iThflow31(¢)uiflows) 581.012 820,161 239.149 943,4Q3 581,012 (362,391) Re¢ondlli¢ion of IneoDW to twh flows Uperaiing cash llow illtertst deprecialion ch￿8t$ donated inveslments g8inslllosses) on inveslmcnt5 profitlllossl on the sale of fixed 85sets Increasel(decreog) in stocks It)cre&sel(decrease} in deixors (1ncrea5eyd￿r￿dse in crediloT5 Ino)Tn¢ gtv¢n in Siaternent of Finantial Acti￿11¢$ 207.471 34J53 (20574) 430.086 172.455 821 (18,224) 2.022 7.970 663.420 8,186 36,456 199,694 12

EMMAUS OXFORD CASH FLOW STATEMI ENT con't Forthe year ended 31 Augusl 2023 Aualy51s of¢a5h alld cash equivalents Cash in hand Notice deposits (less than 3 rtw)nths) Overdraft facility Tepaydble on demand Total cash and cash 4uival¢uts 820,161 581,012 8211,161 581,012 Anglysis of challg￿ in net debt

t start

tash flovs other nOn￿aSh rhange5 at end of year of year 581.012 239,149 820,161 Loans fallin8 di￿ aft¢r on¢ y¢ar Total 581W12 239J49 820,161 These ¥counts ere Approved aDd authorised for ¥s<ue by tbedirecTorg on ibe 9th April 202¢1 Alldrew MorganGII¢s Chair olEmmus Oxford 13

E.MMAUS OXFORD NOTES TO THE FnYANCIAL STATEMEF4TS For the year ended 31 August, 2023 l. Accouf4TING POLICIES ) Bists of ae¢ounting The fJn&ncial stat¢m¢nts have be¢n prepared under th¢ hisiorical ¢ost COTJVElltLOll, and in accotd&n¢e wiih th¢ Financial Rrporting Standard 102, the Cotllpanie5 Act 2006 and follow the recornTnendations ITL Accounlhng and Reporting by Ch￿ltieS= Statement of Recommended Practice IFRS 102)" Em]nau5 Oxford is a tharitable company limited by guarante¢. The chartty is a public benefit eniiry. The regisiexed addytss is 171 Oxford RDad. Cowley. Oxford. OX4 2ES. b) Golllg Coneer The accoLmiS have been drawn up on a going concern basik The charity meets its day to day capital rerLuirements through posttive balances held on deposit. Thcrc are no material uncertainties ielaled to events or EDndiliDllS which casi significant doubt the charli￿5 ability lo continue BS a going conr¢rn. c) Thtnd accounting Unrestiicted firnds comprise aCCU￿ll1ated 5ULpluses and deficit5 on geDerdl fijnds. They are ayailable for use at the discrelion of the ttustees in tsrtheran¢e of th¢ general ¢lJarirable objectives. Restricted fvnds a￿ amounts for specific purposes as defined by the dortor. The charity does not cunEDily have any endowTheDt fvnds or capital fimds ivhich havebeen transferred from Trstricted fvnds. d) In¢omt Incoming r¢souTce8 repr¢5ellt th¢ total income ￿cE1V&ble durinu the year comprising sales from the secondhaTLd furniture store. housing benefit for companiorts living tbe Et))maus Community in Oxford, grattis, donations and gifts, invest]nent income and gifts in kind. All ineoming resources are recognised at the point Df recei￿ of monies except wbere earlier recognition is prndent. for example, invesimenr income and monies from grants made in resp￿1 of the acCOuntingp￿l0(L Incoming resources aTe deferred ivhere the conditions for receipt are not net al the end of the accounting period. Income from donated goods is recoLryJised when t1105¢ goods are 501d because it is impraclical to assess theirvalue on donation. e) Expenditure Those costs which are directly attributable to different fiillctions of the charity are allocated as such. The tTU5tee5 apportion aggregated costs in propottions which they ¢onsider10 be a fair estimate of Ilieir functional dI￿.ISion. SiippDrt ¢osts allocated to the charitable activities of op¢rating the EtnrtLaU5 Cornmunily in Oxford and the secondhand furniture store, based on an estimat¢ of time spent by the staff concerned. r) Depreciation olfixed &55ets all￿rtiSation ofgoodJYill Depreciation is prtsTrided its write off tlie cost of fixed assets over their e51itnattd useful liyes using the following lates.. Freehold land and buildings NIL Leasehold buildings strai8ht line- over Ibe lifetime of Ihe leas¢ Fixttwes. filtings and ¢quipmenl 25Q/o Straight line Motorvehicl¢s 20.kn straight line Assels are not ¢apitalis¢d unl¢ss the purchase c051 or valiie assessed al a¢oui$ition 1$ gr¢at¢r than £l.OlX>. Dq>[￿L8IIOn will be ptovided for th¢ l¢as¢hold slip￿S1Ore irt Batns RO￿ COmTnencing in 2016-17, on o straight linE basis, £574,000 over 125 years. g) Pen51Qll C05t5 EmmaLiS Oxford operates a defilled contribiilion F¢llSiOll scheTne and conlrtbLltions are charged to ttle Statement of Financial Aclivtiies as they becoine payable. 14

EMMAUS OXFORD NOTES TO THE FINANCIAL STATEMENTS- ton't For the year ended 31 AugLJSt, 2023 h)Investments Emm&us Oxford's inv¢5tmThl policy sets oiil the trJst¢ES' 2PPtoach to investin& It is a hmpwoTk for making in￿￿￿ent￿e¢1SioA1 TranagingouT fil￿nciLI ￿5￿Tr£4 aDd m¢¢ting ovrgov¢tnanc¢Tesponsibllittes. Thc t￿SIc￿WIll th¢ uJv¢sim¢ftipoli¢y annUal]Y￿ ¢￿)Sure that itconiitiues 10 aligttwith the cbaritable tnis5ionDnd objective5. Emmaug OKfvid wiu i￿￿tin a divfflsified raDge Df ￿SeE classe5 aDd region5. The In]stees will Consider ittvestment in sio¢k& b¢nd4 propEtty. and Dther inV￿t[Dent v¢hicl¢s thararenol Incon￿5￿niwlth our ch￿l￿blE]nISSloll. Th¢ chariry's investhientobjectives areto acbieve growth llnd income. Thewtees all)) togenetate w5taiLable ietutU5 that allow the chatity to acbieyeits ¢b8ritsbl¢ obJ￿11VeS whilepro1￿nngth¢ ¢apitalvaJue of its ￿￿￿t￿￿￿t5. The ￿St¢t5 re¢oLwtie thai every i￿Vest[t￿nt Gairies risk. ThryUTDana8¢th¢5¢ risks w ¢ll5ureibat th¢y ar¢wmm¢n5uraiewith thtr¢harity's objettives St￿ ihe rasourees llvaitabl¢. Tbe risk appetite is deten￿ned lobem¢detal¢, bill thrtsu51rc5 ￿￿wIll￿gI0 accept fluctuatiDn5 111 the value of the assets inpursuit of thetnveslroent obJ"ectives. The trn5tees will EllutLryU5 OKfDtd's financial resol1￿ in linewth it5 objective4 risk apFtite, and i￿VestMent policy. The amourjl available forinYe51]nentwill be review¢d antLually, and th¢mJsiees will odjust theinvest￿elll stragyas nw¢ssary ¢0 ensure Ihat Ihe charity ¢oniinoe$ 10 meet its obje¢tives. Thelru51ees ensllre that ihe charitybas 5uffi¢i¢lll ￿QUidity lo 115 fill￿cial fQllllllitDwJts.' it will inv¢si ift bquid asset$ andmaintsin an appropriate level of tasb reserves to ensllrethBI it trdn have acces5 to m(wwhen mJed. The ttystees b21'e 3 IEgal ￿b￿￿￿tiOn to securetheb¢st finall¢ial￿1ltZD, Ivithin tlK appropri￿¢ ofrisk. to be$peni ott the ¢lwity'S airtL%. They hai'e ll duty toc0llsidcrijjv￿tsllcnE suitabllity 8nddi¥£t6RfIGatio to tskeadvice unless there ￿ gwd r￿On fornoi doins5D, and to TeTri¢w thBinv¢stments periOdI￿lIY. 15

EMMAUS OXFORD NOTES TO THE FIf4ANCIAL STATEMENfs. ¢Oll't For the year t￿led 31 AugusL 2023 2. CIUTICAL ACCOUEifiNG ESTIMATES In the prottss of th¢ Gharity5 acrountiDg policie5. tbetnT5tees Jnake judgettDts estimates. These judgemeDts and estiojaics ate evaluated regularly and aTe based on histotical expezience and Olher factors including exwtations of evcllts. Thc ￿ll￿tt5 c4)Lsider there are no si￿lfir￿n[ acrowLtingiTyJgtLeDts ￿ estitoates to report in this period. 3. INVEgfMEP4T INCOME 2023 2022 Bank thrast re¢¢ivable Dimdellds 7286 27.273 821 Inv¢stment in¢ome totsl 34,559 821 Interest receivable has b¢¢n eaTrd ou bank a¢counts held within th¢ United KIngdO￿L 4. CHARtTABLE ACTivfTIES Emmaws Fllrnlture Store Totsl 2023 Emrn8115 FuTlliture Totsl 2022 Community Store Cosls of4¢tivtties uudertraken dfrectty Indirect 5UPPOrt cost5 175,851 390.456 237,915 170.951 4J3.767 561,407 161.565 369,303 228,652 161.904 390.217 531.2(J7 Totsl$ 56A307 408.866 975,173 530,868 390 J56 921,424 FuTDiture Stt>r¢ Total 2023 Ellun8US Cottlmunity Furnlture Store Total 20•2 A¢tii'itie$ UJLdertaken direttty represent: Salarits & wa8es-Nolc 8 Materials Vebicle rutlljing costs Expenses fDr CotDpaThiDDS 185,203 13,233 32,934 6546 185203 13.233 34.830 180.501 167.777 14,327 40J43 6,205 167,777 14.327 40,343 167,770 1,897 173.955 161.565 Totals 175.851 237,915 413.767 161.565 228,652 390,217 16

EMMAUS OXFORD NOTES TO THE FINANCIAL STATEMENTS- con't For ¢h¢ y¢arended 31 All￿$t. 2023 5. SUPPORT COSTS Emmau5 Furniture Total Emn)aus Cornmunity Fyrnlture Store Totol 2022 CommuJLIty Store 2023 Salaries & wag¢s-Nole 8 Expenses for volunteer5 Recniiltnent Advertisin Marketing IT Travelling expenses Telephone Rent, rates & ival¢r Light & heat Prinlin& posluge & stslionery other offic¢ Costs M8intenance and repairs OtherpreTniS¢S ¢OSts Insurdnce 201.560 61.734 120 396 9.218 4.619 642 4,380 6,525 10.094 3,549 22,054 1,699 12,738 13,242 1,265 2,250 442 15,982 263294 127 2,574 11,718 6,077 2,682 8,212 104,683 33,246 7.426 39,271 2,202 2&153 15,496 10511 4.5 657 20.574 191.167 30 1,368 2,513 5,037 1,6S3 4.676 88.292 23,391 3.421 10,924 930 2D.302 4,304 4.341 1,750 598 4.592 55.926 396 247.093 426 2.012 23.193 7,502 2.517 8,70D 94,852 32,070 7,280 30,944 3,063 28,618 15,133 4,721 3,500 1,346 18.224 2.178 2.500 1,458 2,040 3,832 98.158 23,152 3,877 17.216 503 15,416 2,253 9246 2,250 215 20,680 2,465 4,024 6,560 8.679 3.859 20,020 2,533 8,316 10,829 380 1.750 748 13.632 Profe8%ional Fees Govcrnance costs- Note 6 Bank charges Depreciation Amonisatioft Miscellanegus 4.592 13 15 Totals 390,456 170,951 561.407 369,303 161,904 531.207 & COVERNANCE COSTS Auditors. remuneratio AudiloJE' accountanGy [￿5 4,5( 3,500 4,5( 3.500 17

EMMAUS OXFORD NOTES TO THE FINAf4CIAL STATEMENTS- eoL't For the yearended 31 August. 2023 2023 2022 7. NET MOVEMENf IN FUNDS Th¢ n¢t movement in funds 15 Staled aftercbarging.. depreciation of tanwble fixed assets owned by the chaTity 20.574 18,224 EMPLOYEES AND STAFF COSTS No. 14 The aggre￿Ie FTE number of full and part time petsons eTnployed durrng tbe yearwas". 14 Staff costs werc as follows: Cost of Gener2ting Funds Dlrect costs FurniturE Store Support Costs FurThlture store Total 2023 Total 2022 Salati¢s & Wages National InsuTance Ptn5ion conthbution5 59,514 5,187 2,486 170,126 9,626 5,451 178,542 15,560 7,458 56,7D9 3209 1.817 464,891 33,582 17,212 432,656 30.436 15,500 Totals.. 2023 67,187 185,203 201,560 61,734 515,684 478.592 Totsls.. 2022 63.722 167.777 191.167 55.926 No employee earned n￿re than £60,000 in the year. 9. REMUNERATtON OF TRUSTEES AND KEY MANAGE1￿￿ENT In aggregate the trustees and key rnan8gement rettived remuneration of £58,104 for theirservices (£52,840 in 2021-22). 18

EMMAUS OXFORD NOTES TO THE FINANCIAL STATEMENTS-ton For the year ertded 31 Aygust, 2023 10. FLXED ASSETS TaDgible assets Lasehold Motor Vehicks Freehobj Flttlng$ & Total As at I September. 2022 Addition$ Disposals 574.iMI 918 8,313 2.674 88.827 1.362,088 2,674 As at 31 AugusL 2023 574.(KKI ,948 10.987 88.￿7 1.364.762 DepreriJtiOII at I S¢ptember. 2022 Charge for ihc year Disposals 27552 4592 8313 44592 15.982 80.457 20,574 As al 31 AUEW, 2023 32.144 8,313 (4>.574 101,031 Net BDok Valu¢ As &t 31 Auguu. 2023 541,856 .948 2.674 28253 1.263.731 A5 at 31 Aus￿51. 2022 546,448 691948 44235 1281,631 Jntangibk assets Goodwill ArK>rtisation 15.800 15.800 Net b￿k value a5 at )1 August, 2023 Net buok velue as at 31 Augusi. 20?? E￿￿ou$ Oxford ha5 graTLted a leasehold Inte￿$1 in the wopety at 171 Oxford RO￿ ￿ Dominion Housin8Group foT I?5 years. Itl Rturn, Dominion Housing GTOUP 355i5ted iry fvnding construction of the Communitypropertyon the STk. 19

EMMAUS OXFORD NOTES TO THE FINANCIAL SfATEMETrrrs-con't For tbe yeareoded 31 Aligust. 2023 11. JNVEsfMENTS InTrestwtnt Portfolio M & G Equities Irtveskncnt FutKI forCTharities vthiwioD on TW(19.10.2?) £430.086 Jnyestment Summary Brwghi fo Additions Disposaii Val￿1¥)￿ rcc¢iN(19.I022) £430.086 £2.092 £432.178 c￿lEd forW￿d 12. DEBTORS 2023 2022 AC¢n￿l inteTest on depo$ilS VAT Tepa>qn¢nl Gift aid rwlarmrd from IIM Revenue & CustorrLs Siindry debt0￿ &nd pr¢payn*nls Housing ben¢fit from Oxford City Couneil DonElion$ 7,618 545 7.265 25,924 209 4,449 7,162 26,849 12.473 53,164 51.142 13. CREDITOKS DUE WITHIN ONE YEAR T&K¢s aod 50cial security Companion holiday & leavin¥ filnd Loan frvTn ETTunau5 UK Other creditors and accnjals 25,751 34,695 37,587 36.613 63,)38 71,308 14. CREDITORS DUE AFTER ONE YEAR None 20

EMMAUS OXFORD NOTES TO THE FINANCJAL STATEMEt¥fS- ron't For the year cnded 31 AugusL. 2023 15. SHARE CAPITAL En￿&V5 Oxford Is a compatly limitEd by guarnntee wrytb Do skate capitsl. The liabilityof is limitd to £1. 16. ANALYSIS OF NET ASSETS BETWEEN Fu￿Ds UArtstriet¢d Resfricled Total Fixed assets Net Current assets 1.695.YJ9 797.325 1,695,909 809.988 12.662 2,493234 12.662 2J05.897 Creditors due after more than on¢ yvdr Net assets: 2023 2.493.234 12.662 2505,897 Net a￿ts. 2022 .¥28.791 13,686 .841.477 In the year 2022-23, Testricled donations were giv¢n to Emmavs Oxford to th¢ valu¢ of£93.915. A fith £13.686 has been ￿Thied forward lo )Ear20?￿_23 from 2021-22. Restrieted nds amounting to a total of £12,662 were catried forwatd at th¢¢nd of2022-23 (sce note 17) In the year 2013-14, £289,000 patd to GreerLwuare Group forthc putchaK and ConStr￿tIon of thc ncw furnitu￿ Sto￿ and a furthcr £285.￿0 was paid in 2015-16, amounting to £574.OQO in total. 17. ANALYSIS OF CHARITABLE FUIYDS Analysis ofmovement ill Reslricted Fund5 Balance I Se 2022 Funds 31 August 2023 Expendltute T￿￿fr¢S Facilitie5 fi￿d 3,790 25.401 23.691 5.5(X) Cotnpanion wellbeing fimd 9.896 68514 7.162 13686 93915 94939 12662 21

EMMAUS OXFORD PIOTES TO THE FINANCIAL ￿ATEmENTS- Co￿'t For the year eoded 31 A￿gUS( 2023 18. DESI￿ATED FUNDS Desi8nated fyllds UDresttic¢ed fijods which tr trustees have Set &fide for particulaT PUryW)5r5. Th¢ ttu#e¢5 haveset up a d¢5i8nat¢d fuod eqyal to the net boDk Wdlue ofthe charity'$ f￿h0]d and Icaschold prort. 19. COMMITKE.YTS On215t Febnthry, 2008 ED￿JauS Oxford Cr￿[&1 into a rr￿￿geMent with DthniDiOU Housing GrwTr in relation fora 125 year le&s¢ of 171 Oxford R¢)ad Ell]ll2aus Oxford has to for thc use of the buiidiD8. The amount curtenrly payabk is £86.7)8 per aDllUllL The lease can be tEnllinWted by OKford by giving two yeats. notic¢. On 15 April, 2013 Emmaus Oxford enterd into all for Leas¢ with Oxford Ciry Hou5iD8 A$5(KiatlOD Limited atKI Gwuare Group Limited forthe grJt of a lease to Ernmaus Oxford of property at Bams Road, Oxford fora terni of125 )raw5 in con5iLthiion of? pr¢Tllium of £574,(rfX).15e¢ L¢asehold Asset in n¢Me 9). 20. TRUSTEES Trustees ivere not reimbJgsed for exrrL5es during the period T￿cly¢￿ ￿ mwrmlio DoDations to the value of £120 were ￿e1Ved ftom tnthes arKI Rlated patiir5 iu2022_23 (£170 ID 2021-22). No telatcd tAty ttansactiorstook place in tbe year. 21. OTHER YOTES- PRIOR YEARS GTrnts from EmThu5 UK io Emmau5 Oxfw¢ rE¢¢ived in Fyeviovs year& which amount to£1401¥￿ in t(aL will bt unTnethat¢ly 1¢Au￿ab]e if Emnww Oxford c￿e5. forivhatever reason. to be a Member oFthe Federation of Em￿a￿S in the UK. The putchaseof the freellold property at 167, Oxbxd Rood iva5 cornpl￿ed on 3rd February 2022 foratotal con51de￿I0￿ of£490.000. 22. OTHER NOTES- CURREwf YEAR A donation received from The Forbes TTUSt ou 19ib Ociotr 2022 in the form of quity iAYe5t￿￿Lty Yalued * £430,086 oo r¢¢eipt.

EMMAUS OXFORD ADDrrJoF4AL INFORMATION Por the yeDr ended 31 Augus¢ 2023 2023 2022 Charltable a¢dvltks OYerol1 ¢05t5 Wages, salarie5. ETnployer's Nl & PEnsion Contributions 448,497 13.233 34,830 180.501 127 2,574 414,870 14.327 40.343 167.770 426 2.012 23,193 7,502 2,517 8,700 94,852 32,070 7,280 30,944 3,063 28,618 15,133 4.721 1.346 18.224 Vehicle nJnnin8 COSt5 Companions, Allowances & food eosts Volunteer expens¢s & training Rectuilm¢nl Advertising MpTk¢lin8 ST Tr7dvelling ¢xpen5¢¥ Telephone Rertl, rdles & wlll¥r Lighi & hiAI Piiniln& postaBe & utation¢ry h¢r 0￿1¢¢ costs Maintcuancc and zepairs Oihcrpremi5es ¢0515 Insurance Prof&s$ional FeEs Bank charBc$ Depreci&lion Amortislliion MitsL¢llunevLL8 6.Q77 2,682 8,212 104,683 33,246 7,426 39,271 2,202 28,153 15,496 10,511 657 20.574 15 970,673 917.924 Cost of generAting funds Fund-r#ising ¢osts SalaTie5 and Employer's N&tional InsuTan¢e Eveni char￿5 67,187 2.926 63,723 2,545 70.112 66.268 Govern4￿Ce cost$ Audii and accDunloncy fee5 4.500 3.500 23