##
||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)|
##
|ANALYSIS OF C|HANGES
IN NET FUNDS||||
|---|---|---|---|---|
|||At 1/7/22|Cash flow|At 30/6/23|
||||6|6|
|Net cash|||||
|Cash at bank and
Total|in hand|512,714
~512714
~512714|~13,161)
~13161)
~13161)|499,553
~499553
499 553|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2023f|2022|
|---|---|---|---|---|---|
|Donations
and gifts||||37,941|19,297|
|Grants||||7,160|4,044|
|||||~45 101|23 341|
|Grants received,|included||in the above, are as follows:|||
|||||2023f|2022f|
|Other grants||||~7160|4 044|
|OTHER TRADING ACTIVITIES||||||
|||||2023f|2022f|
|Shop and other|sundry|income||687,155|444,502|
|Welfare scheme||||152,524|64,204|
|||||~839 679|508 706|
|INVESTMENT INCOME||||||
|||||2023|2022f|
|Interest receivable||||~9537|8385|
##
##
|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|||||||
##
##
|Fixed Assets|Fixed Assets|217,594|
|---|---|---|
|Debtors||137,952|
|Cash
Creditors||183,531
~35243)|
|Negative|Goodwill|503 034|
##
##
|TANGIBLE FIXED ASSETS||||
|---|---|---|---|
||||Fixtures,|
||Freehold|Plant and|fittings
&|
||property|machineryf|equipmentf|
|COST||||
|At 1 July 2022|1,761,574|5,223|70,263|
|Additions|||684|
|Disposals||||
|At 30June 2023|1 761574|5.223|7D 947|
|DEPRECIATION||||
|At 1 July 2022|1,418,500|5,222|63,265|
|Charge for year|||1,259|
|Eliminated
on disposal||||
|At 30June 2023|1 418500|5 222|04 524|
|NET BOOK VALUE||||
|At 30June 2023|343 D74|1|6423|
|At 30June 2022|343074||6990|
##
##
##
|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|
##
##
##
##
##