2021-03-31-accounts

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EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

CHARITY REGISTRATION No: 1069902

COMPANY REGISTRATION No: 03549934

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

----- Start of picture text -----
Page 2 Reference and administrative details of the charity, its trustees and advisors
Pages 3 to 7 Trustees' report
Page 8 Independent examiner's report
Page 9 Statement of financial activities
Page 10 Balance sheet
Pages 11 to 22 Notes to the financial statements
Page 23 Statement of Cashflows
----- End of picture text -----

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE INFORMATION

CHARITY NAME

Emmaus Transformation Trust Limited

WORKING NAMES

The Lighthouse Woking Vineyard Christian Fellowship Woking Vineyard

CHARITY NUMBER

1069902

COMPANY REGISTRATION NUMBER START OF FINANCIAL YEAR

3549934 1st April 2020

END OF FINANCIAL YEAR

31st March 2021

TRUSTEES THAT SERVED DURING THE YEAR TO 31 MARCH 2021

Mr Peter Keynes Chair, Company Secretary Mr Scot Bower Mr Ian Nicholson

COMPANY SECRETARY

Mr Peter Keynes

REGISTERED ADDRESS

The Lighthouse 8-10 High Street Woking Surry GU21 6BG

DATE OF INCORPORATION GOVERNING DOCUMENT

21st April 1998

Memorandum and Articles of Association

BANKERS

HSBC Bank Plc 6 Commercial Road Woking Surrey GU21 6EZ

INDEPENDENT EXAMINERS

Independent Examiners Limited Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT

FOR THE YEAR ENDED 31 MARCH 2021

The trustees present their report and financial statements for the year ended 31 March 2021.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Objectives

Emmaus Transformation Trust Limited has the objects set out here:

1 The furtherance of religious or secular public education.
The advancement of the Christian faith including missionary activities in the United Kingdom.
The relief of the poor and needy.
The relief of the sick and elderly.
Such other charitable objects and for the benefit of such other charitable bodies and institutions.

Achievement and Performance

SUMMARY

Emmaus Transformation Trust (ETT) primarily operates through growing hubs called Lighthouses which serves the community, seeking to transform lives through kindness, belief and hope.

APRIL 2020 – MARCH 2021

During this period The Lighthouse ran 18 projects, via three full-time and 11 part-time staff members, 22 project leaders, and over 300 dedicated volunteers. Throughout the pandemic we worked with 111 referral partners and front-line agencies (doctors, social workers, churches, health visitors etc), serving 8,162 beneficiaries across Woking Borough and beyond.

Spring 2020

In March, The Lighthouse closed its doors for the national lockdown, adapting to home deliveries, and taking our projects online wherever possible.

We launched a 'Love Your Neighbour' campaign with Emmaus Rd Church, to help our community through the pandemic, and we took on tens of volunteers to replace those shielding or home schooling.

Nurture began running Zoom wellbeing workshops, we provided hundreds of care calls, and Foodbank received a visit to its warehouse from the Countess of Wessex.

Summer 2020

In the summer term, Jigsaw distributed hundreds of emergency packs of nappies, wipes and formula, activity packs and newborn bundles.

Jigsaw ran a 'Back to School' initiative in July, providing school shoes/equipment packs for children.

We completed our new Lighthouse on the Barnsbury estate in Woking, and outfitted a Mobile Cafe, to reach isolated communities with ice cream during the warm weather!

Autumn 2020

In October we were able to re-open our doors for (social distanced) 1:1s with the local community. Woking Foodbank moved to a new warehouse, expanding provision as demand increased.

We created a beautiful 'Winterland' experience in November and received a second visit from the Countess of Wessex, who helped us to create care packages and Christmas Kindness parcels.

We also set up a Community Money Advice Centre to support individuals with debt and budgeting advice, as well as 'LaunchPad', a career coaching project.

In December we started delivering Christmas Hampers/supermarket gift cards through Foodbank, delivered Christmas Kindness parcels through Jigsaw, and hundreds of Christmas Dinner Boxes and Bags of Comfort & Cheer to those who were isolated.

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT (continued)

FOR THE YEAR ENDED 31 MARCH 2021

Winter 2021

We continued to work with refugees, and furnished homes for new tenants with Woking Borough Council. We also gave hundreds of care packages to NHS workers and schools.

In January we began providing men’s clothing and helped those in need of clothing with Esteem Ahead.

In February, Jigsaw ran our first ever Lockdown Survival Kit parenting sessions. 'Toddler Time’ Zoom mums and toddler groups were launched in March.

Achievements and Performance

Woking Foodbank

6,837 vouchers processed for emergency food supplies during this period

3,894 adults and 2,943 children

95 volunteers

111 referral partners

50+ tonnes of food

1 new, much bigger warehouse

267 Christmas Hampers and supermarket gift cards given out in December 2020

"I have been out of work for a long time now, the Foodbank has been amazing and this really does mean so much"

Jigsaw

1,100 supported

369 families & 744 children supported in 2020, and 59 families supported between January – March 2021 591 home deliveries

671 support packages & 518 emergency packs

129 Back to School packs

30 took part in parenting courses

"The Lighthouse and Jigsaw have been awesome in supporting our whole school community as we are quite a high need area and really couldn't do it without the help we get from you :)"

Nurture

82 wellbeing workshops

100s of care calls Over 50 women supported

1 new prayer group established

48 Bible Study sessions over the year

"The team in Nurture have been instrumental in helping me to move forward."

LaunchPad

39 took part in LaunchPad careers coaching & workshops since launching in November 2020. Includes 1:1 coaching, group workings and weekly CV clinics.

7 took part in Jobs Club courses

"Such projects as Launchpad, coming from the Lighthouse, really changed my whole outlook. It makes me feel part of the Church again, being helped so I can help and add my little candlelight back to the world."

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021

Mobile Café

350 ice cream given out during the pandemic

Chat & Support

500+ visits to Winterland for 1:1s & to pick up parcels 46 individuals supported with 1:1s during lockdown 2.0

163 meals served through GoRendang to raise funds for refugees

Christmas

1,142 people supported at Christmas

25 Christmas Kindness parcels 267 Christmas Hampers through Foodbank 350 Bags of Comfort & Cheer 100 Christmas Dinner Boxes

Royal Visits

4 volunteering visits from the Countess of Wessex during this period!

Community Money Advice

Launched in November 2020 to support individuals with debt relief and budgeting support

21 individuals supported in depth and 1:1 between November 2020 and March 2021.

£23,359 avoidable debt was written off during this period

“Everybody should take these workshops at some point in their life. I could have done with doing these workshops sooner. I’m one who waited too long.”

Homeless Support

59 vulnerable households were refurbished with a bed, table and chairs for new Woking Borough Council tenants between Nov 20 - Mar 21

A team of WBC/LH staff equipped to deliver tenancy training for new vulnerable tenants

Care Packages

90 NHS workers provided with hamper goodies in February 2021

30 workers in Aldershot vaccination hub provided with hamper goodies February 2021

80+ school children given Easter gifts in Aldershot in March 2021

Refugee Support

8 refugees supported during this period, with clothing, driving lessons etc

"Lovely to have met you today and thank you so much for your hospitality. I really enjoyed visiting the Lighthouse and meeting you and your colleagues who were friendly, informative, caring and professional. Prior to my visit, I heard really positive comments about the Lighthouse and the Love Your Neighbour service from some of the service users I work with. I’ve made a few requests for assistance on behalf of service users and my requests have always been fulfilled. The positivity that your service exudes is definitely well received by visitors and vulnerable adults. I felt very valued and cared for whilst I was at the Lighthouse, it was like going to your friend’s house and having a cosy chat and you leave feeling more positive in spirit.

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021

Refugee Support (continued)

A s regards the Love Your Neighbour service, which I am aware is a collaborative project between the Lighthouse and Emmaus Rd Woking Church, I have been so impressed by the response to the Covid-19 crisis. The coming together of charity and church organisations, the generosity, the logistics of organising and ensuring that supplies got to the most vulnerable people, the care and support that staff have provided to those most affected by the Covid crisis, the sense of community and care promoted by all staff is phenomenal to me and I have never seen anything like it. The integrity and compassion that you and your colleagues at the Lighthouse and Love Your Neighbour Project demonstrate towards others is heartfelt. Furthermore, the willingness of you all to inspire, encourage and assist is truly admirable and illustrates the importance of unity, understanding and learning from each other. So, thanks again for your kindness and hospitality. I really do appreciate it.” Tracey, Social Worker, December 2020

Financial Review

The Charity has continued to expand its activities and also support the work at Emmaus Road Church, achieving a net income of £188,708 in this financial year. Free unrestricted general reserves at 31st March 2021 stand at £24,524.

Reserves Policy

The Trustees have considered the level of reserves that they wish to retain, appropriate to the charity's needs. This is based on the size of the charity and the level of financial commitments held. The Trustees aim to ensure that the charity will be able to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees endeavour not to set aside funds unnecessarily. In terms of the ETT reserves policy, this is 3 months of staff salaries and essential building operating costs. For non-Foodbank activities, a 3-month reserve is around £24k.

Governing document

The organisation is a charitable company limited by guarantee and a registered charity. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association, adopted on 21st April 1998

Recruitment and appointment of new Trustees

The Trustees of the Charity are also Directors for the purposes of company law. New Trustees are sought and appointed by the existing Trustees, and Provided with a copy of CC3 - The Essential Trustee, and other information to help new Trustees understand their role.

Organisational Structure

The Board of Trustees is responsible for the strategic direction of the Charity. They are assisted by a team of dedicated, unpaid, volunteers who enable the level of support provided by the Charity to the local community. Some of the volunteers are reimbursed travel and other expenses incurred in their ministry.

Risk Management

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves shown in the accounts, combined with the annual review of the controls over key financial systems mitigates the financial risk likely to arise in adverse conditions. The Trustees have also examined other operational and business risks and have established systems to mitigate those risks also.

Public Benefit

The Charity acknowledges its requirement to demonstrate clearly that its objectives or aims must be for the public benefit. The Trustees have paid due regard to Charity Commission guidance on public benefit when deciding which activities to undertake. The information in this Trustee Report shows that the public have benefitted from the work of the Charity.

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021

Funds held as custodian trustees on behalf of others

None

Trustees Responsibilities

The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.

The trustees are responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

This Report was approved by the Trustees on 20th December 2021 and signed on their behalf by:

Peter Keynes Trustee

EMMAUS TRANSFORMATION TRUST LIMITED

INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF EMMAUS TRANSFORMATION TRUST

I report to the trustees on my examination of the accounts of Emmaus Transformation Trust for the year ended 31st March 2021.

Responsibilities and basis of report

As the charity’s trustees of the charitable company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the charitable company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

The company’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a member of The Association of Charity Independent Examiners.

Independent examiner's qualified statement

I have completed my examination. I confirm that apart from the matters detailed below, no other material matters have come to my attention which gives me cause to believe that:

accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
the accounts do not accord with such records; or
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other
than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the Charities SORP (FRS102).

The matters that have come to my attention are:

1) The charity uses a system with an automatic bank entries import function. During the examination it became apparent that during this financial year, the system on numerous occasions either failed to fully import or duplicated some transactions. This resulted in the charity bookkeeping expenditure, at times, showing inaccuracies. Upon discovery, the charity immediately remedied their bookkeeping records. The Examiner has recommended that the charity regularly checks the actual bank statement, rather than placing full reliance on the automatic import facility to prevent such a re-occurrence.

2) I was unable to fully verify spending on the charity credit card, as complete statements were unavailable at the time of the examination. The monthly statements are sent directly to the cardholder/s (note the cardholders are key management personnel), and copies are provided to the Finance Manager on request. However, the charity has set up a new facility with cash card for employee use, with full access and visibility given to the Finance Team at all times, and all spending captured in a pre approved budget agreed by the Trustees. The charity intends to close the existing credit card facility imminently.

I have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed J Irvinesmith

Name J Irvinesmith FCIE Date 4th January 2022

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income from:
Donations and legacies
2a
Charitable activities
2b
Investments
2c
Other Trading activities
2d
Total income
Expenditure on:
Charitable activities
3a, 3b
Total Expenditure
Net income/expenditure before
other recognised gains and losses
Transfers between funds
10
Net movement in funds
Reconciliation of funds:
Total Funds Brought Forward
Total Funds Carried Forward

Restated
Unrestricted
Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
Funds
2021
2020
(Foodbank)
£
£
£
£
£
£
111,336
165,462
-
238,245
515,044
135,432
78
-
-
-
78
18,941
18
2
-
14
34
126
-
-
-
-
-
6,017
111,432
165,464
-
238,260
515,156
160,516
85,345
84,214
-
156,889
326,448
158,958
85,345
84,214
-
156,889
326,448
158,958
26,087
81,250
-
81,371
188,708
1,558
(5,237)
-
(3,311)
8,548
-
-
20,850
81,250
(3,311)
89,919
188,708
1,558
3,674
-
3,311
52,390
59,375
57,817
24,524
81,250
-
142,309
248,083
59,375

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 11 to 22 form part of these financial statements.

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

Reg.company no.03549934

BALANCE SHEET

AS AT 31 MARCH 2021

							Restated
		Unrestricted	Unrestricted	Designated	Restricted	31.3.21	31.3.20
		Funds	Funds	Funds	Funds	Total	Total
			(Foodbank)
	Note	£	£	£	£	£	£
Fixed Assets:
Tangible assets	5	-	-	-	2,751	2,751	-
Current Assets:
Debtors	6	-	-	-	-	-	1,769
Cash at bank and in hand		25,323	84,549	-	139,558	249,430	77,045
Total Current Assets		25,323	84,549	-	139,558	249,430	78,814
Creditors: amounts falling	7	(799)	(3,299)	-	-	(4,098)	(19,439)
due within one year
NET CURRENT ASSETS		24,524	81,250	-	139,558	- 245,332 -	- 59,375 -
TOTAL ASSETS less current liabilitie		24,524	81,250	-	142,309	248,083	59,375
NET ASSETS		24,524	81,250	-	142,309	248,083	59,375
Funds of the Charity:
General Unrestricted Funds		24,524	-	-	-	24,524	3,674
General Unrestricted Funds (Foodbank)			81,250	-	-	81,250	-
General Designated Funds		-	-	-	-	-	3,311
Restricted Funds	8	-	-	-	142,309	142,309	52,390
Total Funds		24,524	81,250	-	142,309	248,083	59,375

Directors' Responsibilities:

The charitable company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The Directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 8.

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

Approved by the Directors on the 20th December 2021

Signed on their behalf by Director Peter Keynes

Print Name:

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

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

1. Accounting policies

a) Basis of preparation

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Emmaus Transformation Trust Limited 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 financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1. There may be minor discrepancies as pence are not being shown.

b) Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period

c) Material prior period errors and changes to previous accounts

No material prior period errors have been identified in this accounting period and there have been no changes to previous accounts, apart from the matter disclosed below:

The charity changed the way it allocates and reports income and expenditure within its bookkeeping system, therefore some items of income and expenditure in the previous year have been reallocated where possible, to provide more meaningful comparisons.

d) Preparation of accounts on a going concern basis

Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.

f) Income

Income is included in the Statement of Financial Activities (SOFA) when:

the charity becomes entitled to the income;
it is more likely than not that the trustees will receive the resources; and
the monetary value can be measured with sufficient reliability.

c) Interest receivable

Interest on funds held on deposit is included when receipt is probable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

d) Grants and Donations

Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).

e) Tax Reclaims on Donations and Gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

f) Government Grants

The charity has received government grants in the reporting period.

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

g) Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

h) Expenditure

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

i) Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

j) Operating leases

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.

k) Taxation

The charity is exempt from tax on its charitable activities.

l) Legal status of the charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

m) Redundancy payments

The charity made no redundancy payments during the period.

n) Pensions

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

o) Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

p) Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

q) Tangible Fixed Assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. They are capitalised if they can be used for more than one year and cost over £1,500.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Plant and equipment 25% on reducing balance Fixtures and fittings 25% on reducing balance

General equipment 25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2021

2. INCOME FROM: Note a) Donations and legacies Gifts, Tithes & Donations Gift Aid Tax Recoverable Grants 2ai) b) Charitable activities Cosy Café c) Investments Interest receivable d) Other Trading activities Venue Hire	Unrestricted Unrestricted Restricted TOTAL TOTAL Funds Funds Funds 2021 2020 (Foodbank) £ £ £ £ £ 39,065 159,999 35,197 234,261 85,460 1,551 5,463 2,155 9,168 4,666 70,721 - 200,894 271,615 45,306 111,336 165,462 238,245 515,044 135,432 78 - - 78 18,941 78 - - 78 18,941 18 2 14 34 126 18 2 14 34 126 - - - - 6,017 - - - - 6,017

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2021

2a) i Analysis of receipt of grants

Asda
CAF
Clothworkers
Community Foundation
Community Foundation (Jigsaw)
Community Foundation (Nurture for Women)
Co-Op Local Community Fund
Emmaus Road Community Church
GroundWorks
GroundWorks
HMRC Job Retention Scheme
Leathersellers Company
Lichfield Trust
Morrisons Foundation
National Lottery Community Fund
Neighbourly Community
Nurture TT20
Orbis
Surrey County Council
Surrey County Council
Tesco
Woking Borough Council

2021
2020
£
£
5,295
-
10,000
5,000
1,810
-
9,766
-
5,000
6,615
5,000
-
341
-
148,419
-
2,500
-
2,000
-
9,721
-
2,000
-
-
9,000
4,780
-
9,990
-
400
-
8,893
4,945
10,000
-
7,500
-
10,000
-
-
1,546
18,200
18,200
271,615
45,306

3. EXPENDITURE ON

Charitable activities

a) Direct Costs Administrative Expenses Advertising & Publicity Bank Charges Cleaning Costs Cost of Goods Sold Covid-19 Expenses Depreciation Expense Equipment Costs Foodbank and Food Provision Costs Gifts & Donations Health and Safety and DBS Checks Hospitality and Events SUB-TOTAL	Unrestricted Unrestricted Restricted TOTAL TOTAL Funds Funds Funds 2021 2020 (Foodbank) £ £ £ £ £ 219 500 1,896 2,615 867 261 847 414 1,522 2,825 637 84 - 721 254 561 427 - 988 4,266 280 - - 280 10,214 4,172 3,294 1,744 9,210 72 - - 249 249 - 214 - 4,132 4,346 2,044 - 8,642 10,008 18,650 16,176 850 1,006 1,059 2,915 579 534 - - 534 3,280 506 - - 506 1,548 8,233 14,800 19,502 42,535 42,125

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) NOTES TO THE FINANCIAL STATEMENTS

3. EXPENDITURE ON

Charitable activities

SUB-TOTAL brought forward
Affiliations, Licences and Subscriptions
IT and Website
Kitchen Development
Materials and Essential Supplies
Outreach
Prayer & Worship
Printing, Postage and Stationery and Telephone
Projects, Events and Activities
Repairs & Maintenance
Speakers Fees
Staff and Volunteer Training and Development
Staff Costs
Storage
Sundry Expenses
Supplies and Supply Packs incl Back to School Costs
Travel & Subsistence
Utility Costs
b) Governance costs
Insurance
Independent Examiners Fees
Legal and Professional Fees

Unrestricted
Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2021
2020
(Foodbank)
£
£
£
£
£
8,233
14,800
19,502
42,535
42,125
289
395
1,090
1,774
-
1,487
244
1,824
3,555
2,124
500
-
-
500
-
1,362
1,084
3,813
6,259
-
111
-
-
111
624
-
-
-
-
84
1,606
2,099
2,203
5,909
2,063
5,087
13,562
92,143
110,792
28,781
6,150
3,765
457
10,372
18,877
-
-
-
-
500
640
-
33
673
857
43,714
38,878
24,838
107,430
48,972
10
6,556
2,243
8,809
2,758
1,102
35
18
1,154
574
-
-
7,116
7,116
-
443
501
488
1,431
685
5,300
800
27
6,127
5,592
76,035
82,718
155,795
314,548
154,616
2,073
865
556
3,494
1,996
630
630
-
1,260
1,140
6,608
-
538
7,146
1,206
9,311
1,495
1,094
11,900
4,342

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2021

4. NET INCOME/(EXPENDITURE)

This is stated after charging:

Independent Examiners Fees 5. TANGIBLE FIXED ASSETS Cost 01-Apr-20 Additions Cost at 31-Mar-21 Depreciation 01-Apr-20 Charge Depreciation at 31-Mar-21 Net Book Value 31-Mar-21 Net Book Value 31-Mar-20 6. DEBTORS AND PREPAYMENTS Other debtors	Unrestricted Unrestricted Unrestricted Fund Fund Fund General Plant and Fixtures and Equipment Equipment Fittings £ £ £ 11,588 12,930 5,514 - - - 11,588 12,930 5,514 11,588 12,930 5,514 - - - 11,588 12,930 5,514 - - - - - - Unrestricted Unrestricted Restricted Fund Fund Fund (Foodbank) £ £ £ - - - - - -	TOTAL TOTAL 2021 2020 £ £ 1,260 1,140 Restricted Fund Fixtures and Total Fittings £ £ - 30,032 3,000 3,000 3,000 33,032 - 30,032 249 249 249 30,281 2,751 2,751 - - Total Total 31.3.21 31.3.20 £ £ - 1,769 - 1,769

CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accounts Payable Accruals and deferred income Credit Card Independent Examiners Fees Payroll Liabilities	Unrestricted Unrestricted Restricted Total Total Fund Fund Fund 31.3.21 31.3.20 (Foodbank) £ £ £ £ £ 159 - - 159 - - - - - 18,299 10 - - 10 - 630 630 - 1,260 1,140 - 2,669 - 2,669 - 799 3,299 - 4,098 19,439

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2021

ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL

----- Start of picture text -----
|||| |---|---|---| |2021|2020| |£|£| |Gross Wages and Salaries|104,008|33,620| |Employers National Insurance Costs|6,271|805| |HMRC Employers Allowance|(4,000)|(805)| |Employer's Pension Costs|1,095|72| |Employer's Pension Costs (prior year)|56|-| |-| |Self employed personnel|15,280| |107,430|48,972|

----- End of picture text -----

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

----- Start of picture text -----
|||| |---|---|---| |2021|2020| |Activities in furtherance of organisation's objectives|10|6|

----- End of picture text -----

In 2021, the charity engaged the services of up to 7 self employed personnel for project work carried out (2020: up to 6 self employed personnel).

No employees received emoluments in excess of £60,000 (2020: Nil)

The key management personnel of the charity comprise the Trustees and Senior Management Team. The total employee benefits (including employer national insurance and employer pension contributions) of the key management personnel of the charity were £0 (2020: £0)

The charity offers a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity, in an independently administered fund. The pension cost charge represents employer contributions payable by the charity to the fund and amounted to £1,095 plus £56 relating to the previous financial year, but paid in this year (2020: £72).

In this financial period the charity has not paid any trustees remuneration or benefits (including Employer NI and Employer Pension contributions).

In the period the charity has paid trustees expenses as follows:

----- Start of picture text -----
||||| |---|---|---|---| |2021|2020| |Number of trustees who were paid expenses|-|1| |Amount Paid| |2021|2020| |Total|Total| |£|£| |Travel and subsistence|-|3,035| |Total amount paid|£|-|3,035|

----- End of picture text -----

Note: the above expenses were paid to Mr E Jespersen, who resigned as a Trustee in December 2019.

One trustee received reimbursement for purchases made on behalf of the charity totalling £13.

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2021

9. RELATED PARTY TRANSACTIONS

In the period the charity has paid remuneration to related parties to trustees and related parties to key management personnel (KMP), for services supplied to the Trust as follows:

Name of related party Mrs D Jespersen (Bookkeeping) Mr T Jespersen (Events Management) Mr Z Jespersen (Casual work) Mrs A Buckland	Related party to Mr E Jespersen (KMP) Mr E Jespersen (KMP) Mr E Jespersen (KMP) Mr A Buckland (KMP)	Amounts paid or benefit value Remuneration Expenses 2021 2020 and benefits Total Total £ £ £ £ 260 130 390 2,421 470 - 470 4,843 200 - 200 - - 3,236 3,236 - 930 3,366 4,296 7,264

Note: Mr E Jespersen resigned as a Trustee in December 2019. Mrs R Jespersen is his spouse and she is Head of Social Transformation. Both are considered to be key management personnel. Mrs A Buckland is the Foodbank Manager. Mr A Buckland is her spouse and he is considered to be key management personnel.

Ian Nicholson is and Peter Keynes are also trustees of Emmaus Road Community Church, registered charity number 1152606 which donated £10,384 and gave grants of £148,419 to Emmaus Transformation Trust in this financial year (2020: donated £4,257).

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2021

10. STATEMENT OF FUNDS - CURRENT YEAR

Statement of Funds			Current	Year
	Balance	Income	Expenditure	Expenditure	Transfers	Balance
	01-Apr-20			on fixed assets		31-Mar-21
	£	£	£	£	£	£
Unrestricted funds
General Unrestricted Funds	3,674	111,432	(85,345)	-	(5,237)	24,524
General Unrestricted Funds (Foodbank)	-	165,464	(84,214)	-	-	81,250
General Designated Funds	3,311	-	-	-	(3,311)	-
	6,985	276,896	(169,559)	-	(8,548)	105,774
Restricted funds 24/7 Coaching Back to school Barnsbury Breadmaker Fund CAF Grant CFS - Jigsaw CFS Schools - Jigsaw CGS 2122 Clothworks Community Lunch Co Op Local Community Grant DCMS Grant Esteem ahead Food Bank ASDA FoodBank Leathers FoodBank Neighbourly Go Rendang Grace Fund GroundWork - Foodbank GroundWork - Jigsaw Jigsaw Jigsaw Buggy repair Morrisons Street Teams Outside Light National Lottery - Foodbank National Lottery - Jigsaw Nurture Fund Refugee Fund Restricted - ETT projects Shine Fund Surrey CCFB Trussell Trust PPE - Foodbank Woking Foodbank	393 - - 43 - - - - - 2,288 - - - - - - - 6,900 - - 5,264 73 - 3,026 - - - 90 - 307 - - 34,006	- - - - - 5,000 - 9,766 1,810 - 341 125,619 - 5,295 2,000 400 189 - 500 4,000 778 - 4,780 - 4,995 4,995 13,893 - 36,022 - 17,500 - 377	- (861) (514) - (4,938) (5,264) (2,177) - (30) (50) - (84,815) (40) (926) (1,617) (286) (955) (60) (45) (2,826) (147) - (4,830) - (5,369) (4,531) (2,228) - (17,085) - (16,163) - (1,132)	- - - - - - - - - - - (3,000) - - - - - - - - - - - - - - - - - - - - -	- 861 514 - 4,938 264 2,177 - - - - - 40 - - - 766 - - - - - 50 - 374 - (1,656) - - - - 220 -	393 - - 43 - - - 9,766 1,780 2,238 341 40,804 - 4,369 383 114 - 6,840 455 1,174 5,895 73 - 3,026 - 464 10,009 90 18,937 307 1,337 220 33,251
	52,390	238,260	(156,889)	(3,000)	8,548	142,309

TOTAL FUNDS	59,375	515,156	(326,448)	(3,000)	-	248,083

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2021

11. STATEMENT OF FUNDS - PRIOR YEAR

Statement of Funds
Unrestricted funds
General Unrestricted Funds
General Unrestricted Funds (Foodbank)
General Designated Funds
Restricted funds
24/7 Coaching
Back to school
Barnsbury
Breadmaker Fund
Christmas Kindness
Community Lunch
Creative Collective
DJ Grant
Woking foodbank
Grace Fund
Esteem ahead
Jigsaw
Jigsaw Buggy repair
Outside Light
Nurture Fund
Refugee Fund
Screwfix Fund
Shine Fund
TOTAL FUNDS

Balance
Income
Expenditure
Transfers
Balance
01-Apr-19
31-Mar-20
£
£
£
£
£
(532)
38,136
(46,964)
13,034
3,674
-
-
-
-
-
27,949
22,171
(21,882)
(24,927)
3,311
27,417
60,307
(68,846)
(11,893)
6,985
393
-
-
-
393
-
1,568
(2,569)
1,001
-
-
7,000
(15,498)
8,498
-
197
-
(154)
-
43
-
1,527
(2,359)
832
-
-
3,000
(712)
-
2,288
(91)
-
(26)
117
-
(866)
-
-
866
-
20,236
51,898
(38,128)
-
34,006
(147)
12,500
(5,453)
-
6,900
368
66
(865)
431
-
4,067
14,803
(13,606)
-
5,264
1,755
-
(1,682)
-
73
3,389
50
(413)
-
3,026
-
6,945
(6,967)
22
-
918
852
(1,680)
-
90
(126)
-
-
126
-
307
-
-
-
307
30,400
100,209
(90,112)
11,893
52,390
57,817
160,516
(158,958)
-
59,375
Prior Year

Transfers between funds

The transfer out of the Nurture Fund to General Funds of £1,656 in 2020/21 was a monthly contribution of £138 towards rent and utilities, as agreed with the donor.

All transfers into restricted funds in 2020/21 and 2019/20 represent any shortfall top up from general unrestricted funds.

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2021

12. SUMMARY OF FUNDS

Summary of funds
General unrestricted funds
General unrestricted funds (Foodbank)
General designated funds
Restricted funds
General unrestricted funds
General designated funds
Restricted funds

Balance
Income
Expenditure
Transfers
Balance
01-Apr-20
31-Mar-21
£
£
£
£
£
3,674
111,432
(85,345)
(5,237)
24,524
-
165,464
(84,214)
-
81,250
3,311
-
-
(3,311)
-
52,390
238,260
(156,889)
8,548
142,309
59,375
515,156
(326,448)
-
248,083
Balance
Income
Expenditure
Transfers
Balance
01-Apr-19
31-Mar-20
£
£
£
£
£
(532)
38,136
(46,964)
13,034
3,674
27,949
22,171
(21,882)
(24,927)
3,311
30,400
100,209
(90,112)
11,893
52,390
57,817
160,516
(158,958)
-
59,375
Current year
Prior Year

13. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible assets Current assets Creditors due within one year Tangible assets Current assets Creditors due within one year	Unrestricted Unrestricted Restricted Total Fund Fund Fund 2021 (Foodbank) £ £ £ £ - - 2,751 2,751 25,323 84,549 139,558 249,430 (799) (3,299) - (4,098) 24,524 81,250 142,309 248,083 Unrestricted Unrestricted Restricted Total Funds Funds Funds 2020 (Foodbank) £ £ £ £ - - - - 30,055 - 48,759 78,814 (19,439) - - (19,439) 10,616 - 48,759 59,375 Current year Prior year

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2021

14. OTHER DISCLOSURES

The charity does not have any commitments not provided for in the accounts. The charity has not given any guarantees.

The charity has not received any loans secured on any of its assets.

At the year end the charity did not have any contingent liabilities.

15. RISK ASSESSMENT

The trustees are aware of the need to properly manage and mitigate the risks faced by the company. Details of how the charity has achieved this are provided in the Trustees' Report. The trustees confirm that they have paid due regard to the Charity Commission guidance on risk assessment when adopting and implementing policies for the charity

16. PUBLIC BENEFIT

The charity acknowledges its requirements to demonstrate clearly that it must have charitable purposes or "aims" that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees' Report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

17. DECLARATIONS

Sufficient resources are held in appropriate form to enable each fund to be applied in accordance with any restrictions imposed.

The trustees have not changed the year end date nor length of the charity's financial year.

The charity did not make any material ex-gratia payments during the year.

The trustees confirm that there is no relevant information of which the Independent Examiner is unaware.

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2021

Cash used in operating activities
(a)
Cash used from investing activities
Interest income
Purchase of tangible fixed assets
Cash provided by (used in)
investing activities
Cash flows from financing activities
Financing activities
Cash used in financing activities
Increase/(decrease) in cash and
cash equivalents in the year
Cash and cash equivalents at the
start of the year
TOTAL cash and cash equivalents
at the end of the year
(b)
(a) Reconciliation of net movement in funds to net cash flow
Net movement in funds
Add back depreciation charge
Deduct interest income shown
in investing activities
Decrease/(increase) in stocks
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash used in operating activities
(b) Analysis of cash and cash equivalents
Cash at bank and in hand
Fixed Term Bond
Total cash and cash equivalents

2021
2020
£
£
175,351
14,044
34
126
(3,000)
-
(2,966)
126
-
-
-
-
172,385
14,170
77,045
62,875
249,430
77,045
from operating activities
2021
2020
£
£
188,708
1,558
249
-
(34)
(126)
-
-
1,769
1,862
(15,341)
10,750
175,351
14,044
2021
2020
£
£
249,430
77,045
-
-
249,430
77,045

EMMAUS TRANSFORMATION TRUST LIMITED

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

CONTENTS

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE INFORMATION

CHARITY NAME

WORKING NAMES

CHARITY NUMBER

COMPANY SECRETARY

INDEPENDENT EXAMINERS

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT

FOR THE YEAR ENDED 31 MARCH 2021

Objectives

Achievement and Performance

SUMMARY

APRIL 2020 – MARCH 2021

Spring 2020

Summer 2020

Autumn 2020

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT (continued)

FOR THE YEAR ENDED 31 MARCH 2021

Winter 2021

Achievements and Performance

Woking Foodbank

Jigsaw

Nurture

LaunchPad

TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021

Mobile Café

Chat & Support

Christmas

Royal Visits

Community Money Advice

Homeless Support

Care Packages

Refugee Support

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021

Refugee Support (continued)

Financial Review

Reserves Policy

Governing document

Recruitment and appointment of new Trustees

Organisational Structure

Risk Management

Public Benefit

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2021

Funds held as custodian trustees on behalf of others

Trustees Responsibilities

EMMAUS TRANSFORMATION TRUST LIMITED

INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF EMMAUS TRANSFORMATION TRUST

Responsibilities and basis of report

Independent examiner's qualified statement

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

EMMAUS TRANSFORMATION TRUST LIMITED

(A COMPANY LIMITED BY GUARANTEE)

Reg.company no.03549934

BALANCE SHEET

AS AT 31 MARCH 2021

Directors' Responsibilities:

EMMAUS TRANSFORMATION TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE)

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

1. Accounting policies

a) Basis of preparation

b) Changes to accounting estimates

c) Material prior period errors and changes to previous accounts

d) Preparation of accounts on a going concern basis

f) Income