2023-06-30-accounts - Emmaus Preston

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	Page
Report ofthe Trustees	1to6
Report ofthe Independent Auditors	7 to 10
Statement of Financial Activities
Balance Sheet	12
Cash Flow Statement	13
Notes to the Cash Flow Statement	14
Notes to the Financial Statements	15 Io 24

for the year ended 30June 20	23
					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	6		K
INCOME AND ENDOWMENTS	FROM
Donations and legacies		3	45,101		45,101	23,341
Charitable activities
Emmaus Community			252,414		252,414	138,194
Other trading activities		4	839,679		839,679	508,706
Investment income		5	9,537		9,537	8,385
Total			1 146731		1,146,731	678,626
EXPENDITURE ON
Raising funds		7	566,745		566,745	311,030
Charitable activities		8
Emmaus Community			711,962	8,407	720,369	(106,425)
Emmaus Bumley			8,203		8,203
Friends of Fishwick and St Matthew				20,285	20,285
Other			8726		8726	1,012,198
Total			1,295,636	28,692	1,324,328	1,216,803
Net gains/(losses) on investments			~766)		~796)	~25,992)
NET INCOMEI(EXPENDITURE)			(149,611)	(28,692)	(178,303)	(564,169)
RECONCILIATION OF FUNDS
Total funds brought forward			949,798	381,741	1,331,539	1,895,708
TOTAL FUNDS CARRIED FORWARD			BDD 187	353 D49	1 153236	1 331 539

Balance Shee 30June 2023	t
					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	6		6
FIXEDASSETS
Tangible assets		15	23,589	343,074	366,663	370,251
Investments		16	309922		309,922	310,628
			333,511	343,074	676,585	680,879
CURRENT ASSETS
Stocks		17	107,039		107,039	67,739
Debtors		18	98,450		98,450	134,852
Cash at bank and	in hand		409578	9970	499,553	512,714
			695,067	9,975	705,042	715,305
CREDITORS
Amounts falling due within one year		19	(228,391)		(228,391)	(64,645)
NET CURRENT ASSETS			466676	9975	476,651	650,660
TOTAL ASSETS	LESSCURRENT
LIABILITIES			800,187	353,049	1,153,236	1,331,539
NET ASSETS			800 187	353049	1 153236	1 331 539
FUNDS		20
Unrestricted funds					800,187	949,798
Restricted funds					353049	381,741
TOTAL FUNDS					1 153236	1 331 539

for the year ended 30June	2023
			2023	2022
		Notes	r	t:
Cash flows from operating activities Cash generated from operations Net cash used in operating activities			~)5917) ~)5917)	~)30,233) ~)30,233)
Cash flows from investing	activities
Purchase oftangible fixed assets			(15,282)	(221,530)
Sale oftangible fixed assets			8,501
Amortisation of negative goodwill				503,834
Interest received			9,537	8,385
Net cash provided by investing activities			2,756	290,689
Change In cash and cash	equivalents
In the reporting period			(13,161)	160,456
Cash and cash equivalents	at the
beginning ofthe reporting	period		512,714	352,258
Cash and cash equivalents	at the end
ofthe reporting period			499,553	512,714

RECONCILIATION ACTIVITIES	OF NET EXPE	NDITURE TO NET CASH FLOW FROM	OPERATING
			2023 6	2022f
Net expenditure for	the reporting	period (as per the Statement
of Financial Activities)			(178,303)	(564,169)
Adjustments for:
Depreciation charges			8,736	(492,128)
Losses on investments			706	25,992
Loss on disposal offixed assets			1,633
Interest received			(9,537)	(8,385)
Property Impairment				1,008,898
Increase In stocks			(39,300)	(19,148)
Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash used in operations			36,402 163,746 ~15917)	(68,397) ~12,896) ~130,233)

for th	e year end	ed 30June 2023	ed 30June 2023	ed 30June 2023
6.	INCOME	FROM CHARITABLE			ACTIVITIES
					Activity		2023 6	2022f
	Rents and housing		benefits
	received				Emmaus	Community	~252 414	138194
7.	RAISING	FUNDS
	Other trading activities
							2023	2022
							6	6
	Operating	costs					566,470	311,030
	Bad debts						275
							~566745	311030
8.	CHARITABLE ACTIVITIES COSTS
								Direct
								Costs
								6
	Emmaus	Community						720,369
	Emmaus Burnley Friends of Fishwick		and St Matthew					8,203 ~20 285
								748 857
9.	GRANTS	PAYABLE
							2023	2022
								6
	Emmaus	Community						15,000
10.	SUPPORT COSTS
								Governance
								costs
								6
	Otherresources expended							~8726
11.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated after charging/(crediting):
							2023	2022f
	Depreciation —owned assets						8,736	11,706
	Deficit on	disposal offixed		assets			1,633
	Goodwill	amortisation						(503,834)
	Property	impairment						1 008 898

STAFF COSTS
					2023 5	2022f
Wages and salaries					322,892	207,064
					~322 892	207 064
The average monthly number	of employees		during	the year was as follows.
					2023	2022
Staff					14	10
No employees received emoluments		in excess of		f60,000.
INTANGIBLE FIXEDASSETS
						Goodwill
						6
COST
At 1 July 2022 and 30June 2023						~503834)
AMORTISATION
At 1 July 2022 and 30June 2023						~503,834)
NET BOOK VALUE
At 30June 2023
At 30June 2022

TANGIBLE FIXED ASSETS - continued
	Motor	Computer
	vehicles	equipment	Totals
	E	2
COST
At 1 July 2022	71,390		1,908,450
Additions Disposals	~20 115)	14,598	15,282 ~20 115)
At 30June 2023	51 275	14598	1 903617
DEPRECIATION
At 1 July 2022	51,212		1,538,199
Charge for year Eliminated on disposal At 30June 2023	4,740 ~9987) 45 971	2,737 2 737	8,736 ~9907) 1 536954
NET BOOK VALUE
At 30June 2023	5304	11 061	366 663
At 30June 2022	20 170		370251
FIXEDASSET INVESTMENTS
			I isted
			investments
			5
MARKET VALUE
At 1 July 2022 and 30June 2023			~336620
PROVISIONS
At 1 July 2022			25,992
Revaluation adjustments At 30June 2023			706 ~26 698
NET BOOK VALUE
At 30June 2023			309922
At 30June 2022			~310628

for th	e year ended 3	0June 2	0	2	3
17.	STOCKS
							2023f	2022f
	Stocks						~107039	67739
18.	DEBTORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
							2023	2022
	Trade debtors						41,345	11,516
	VAT						6,419	1,616
	Prepayments	and accrued			income		50,686 ~98 450	121,720 134852
19.	CREDITORS:	AMOUNTS			FALLING DUE WITHIN ONE YEAR
							2023	2022f
	Trade creditors						56,993	21,035
	Social secunty	and other		taxes			5,641	8,065
	Accruals and	deferred	income				165,757	35,545
							~228 391	~64 645
20.	MOVEMENT	IN FUNDS
							Net
							movement
						At 1/7/22f	in funds	At 30/6/23f
	Unrestricted	funds
	General fund					949,798	(149,611)	800,187
	Restricted funds
	preston propertY					150,000		150,000
	Friends of Fishwick and Burnley Property Free Streets TOTAL FUNDS			St Matthew		20,285 193,074 18382 301,741 1 331539	(20,285) ~0.4074 ~28,6924 ~778303	193,074 9975 353,049 1 153236

Net movement in funds, includ	ed in the above	are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	lossesf	in fundsf
Unrestricted funds
General fund		1,146,731	(1,295,636)	(706)	(149,611)
Restricted funds
Friends of Fishwick and St Matthew Free Streets TOTAL FUNDS		1146731	(20,285) ~8,407 ~28 692) ~7324328	~706	(20,285) ~8,407) ~28 692) ~778303
Comparatlves for movement	In funds
				Net
				movement
			At 1/7/21f	in funds	At 30/6/22f
Unrestricted funds
General fund			790,956	158,842	949,798
Restricted funds
Preston property			1,084,395	(934,395)	150,000
Fnends of F)shwick and St Matthew			20,357	(72)	20,285
Burnley Property				193,074	193,074
Free Streets TOTAL FUNDS			1 104752 1,895.708	18382 ~723011) ~564,)69)	18 382 381 741 1,331,539

Comparative net movement in funds, include	d in the above are	as follows
	Incoming	Resources	Gains and	Movement
	resourcesf	expendedf	lossesf	in fundsf
Unrestricted funds
General fund	678,626	(493,792)	(25,992)	158,842
Restricted funds
Preston property		(934,395)		(934,395)
Friends of Fishwick and St Matthew		(72)		(72)
Burnley Property Free Streets TOTAL FUNDS	678,626	193,074 18382 ~7230))). ~)2)6803 ~25,992		193,074 18382 ~723,0))) ~564)69