Charlty reglstration number 1073677
Company registration number 03643570 (England and Wales)
Emmaus Preston
Annual Report and Unaudited Financial Statements
For The Year Ended 30 June 2024

EMMAUS PRESTON
LEGAL AND ADMINISTRATIVE INFORMATION
Truslees
John J R Dean
Nicholas N J Edwards
James J A Caldwell
Michael M G Conlon
Kathleen K C Derbyshire
Philip P R Leeming
Dorothy D J Mein
Simon S Parker
Jeremy J J Rawkins
John J Swindells
K H Widdick5
S Buchanan
S8cretary
JRDean
N J Edwards
Charity number
1073677
Company number
03643570
Reglstered office
The Birches
165 Ribbleton Lane
Preston
Lancashire
United Kingdom
PR15ST
Independent examiner
Azets
Floor 1, Capital House
8 Pittman Court, Pittman Way
Fulwood
Preston
Lancashire
United Kingdom
PR2 9ZG

EMMAUS PRESTON
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial statements
10-20

EMMAUS PRESTON
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
The trustees present their annual report and financial ststements for the year ended 30 June 2024.
The financial statements have been prepared in accordan￿ with the accounting policies set out in note 1 to the
financial ststements and comply with the charity's governing document, the Companies Act 2006 and '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 2019).
Objectives and activltles
Objectives and alms
Emm8us Preston provides a home, work training and development for people who have been homeless or socially
exduded.
People who become homeless do so for a variety of complex reasons. Many of the communty members have slept
rough. Emmaus offers stability, companionship, support and security for people to rebuild their lives.
Accommodation is available for up to 50 people in the Community Homes in Preston and Bumley.
The Community is fully inclusive. Companions are encouraged to play an active role in the day to day running of the
Communty.
Public benefit
Emmaus Preston works for the public benefit through its work delivering a range of education, enablement and
support services for people who have been homeless or socially exduded.
The Trustees have complied with their duty to note and pay due regard to public benefit guidance published by The
Charity Commission. The Trustees are committed to ensuring the Charity remsins responsive to, and respectful of,
the diverse needs of those they help and the local community, enabling Companions to pursue ordinary lives and
achieve their full potential.
Achievements and performance
Emmaus In Lan¢4shire
No two years in Emmaus are ever the same and this has been a year of highs, lows, change and lots and lots of
hard work by the whole Community.
This was a year of Companion sUc￿$S with the most Companions we have moved on positively since we opened
but coupled with five months of very high energy costs which we were already aware of in our contract and new
shops and changing retail spaces not being able to generate the level of income of the previous shops and spaces,
it has been a challenging year financially.
Companlons
We have up to 50 ensuite rooms, available in our bNo premises in Preston and Bumley for people who were fomietly
homeless. Companions sign off work-based benefits and support the community by selling items in our shops,
collecting and delivering items on our vans, working within the community to keep the building functioning and
answering our phones to customers. The income from the shops supports our communities directly and pays
towards their support and training, food. energy bills and more. The roles Companions play give them a sense of
belonging, training, work experience and most of all structure and a sense of achievement.
This year the Companions and staff have worked harder than ever, not just with the day to day running of their
community and shops but moving shops- three times in under a year!
Training has continued to be a big part of daily life in our communities with Companions having driving lessons,
gaining Cty and Guilds qualifications in house as well as external training and even attending College 8 few days
weekly over the year and into the nexi to do an Electricians course. For some these are the first formal qualifications
they have ever had and for others this is the pathway into employment and move on.

EMMAUS PRESTON
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
This year we have seen lots of positive Companion move on including people had been with us over two years.
Some of these were reunited with family members, or met a new partner, some into their own supported living,
some into their own homes and many of those into paid employment. In fact in the twelve months seventeen
Companions have moved on into employment and their own home which is fantastic and testament to the work
done by the skilled support team in Preston and Burnley headed by Karen Wallis. We had over 200 hours per week
of support with five paid stsff which meant we could offer far more to our Companions. One Companion moving on
who needed extra daily help was supported, in conjunction with So¢i81 servi￿$, to get funding and employ
personal assistant to help with some daily tasks allowing her to live independently.
A big part of our support offer is basing our Companion Development Workers wtthin our stores and seeing the work
Companions do on a daily basis. Supporting them on the shop floor breaks down barriers and increases trust which
can never be gained sat across a desk in an office typing at a computer. The downside, as we have mentioned
previously, of moving so many people on is low Companion numbers within the two buildings. This impacts on
running stores, income from housing benefit and indeed moral at times when people are covering others roles. The
measure of success is not how full you are in your houses but how many you can support positively see move
on wherever possible. Our levels of support were high but at times we were so low on numbers, after moving people
on, that we could almost offer seven to ten hours a week direct support to each Companion. Vlthilst tlis level
support was fantastic and we made a conscious choice to use some financial reserves to sustain this level of
support this year, our income levels with new shops not reaching the incomes of previous shops and kjw occupancy
due to success of moving people on thus low housing benefrt income, means this level of support will be
unsustainable in the long term.
Business
We left our big 47,000 square foot Megastore, former B and Q, in Preston which had been our home snce July
2016 at the end of June 2023 and began a new retail story in the fomer shoe store in Lowthian House Preston
alongside Iceland. Unfortunately, as we knew last year it did not match our desires for size, locati?n, and car
parking. The issues with the store were compounded when the link alleyway be￿een the main shopping 8rea and
Ringway, where the buses stop, was closed for safety reasons. This closure came in a week before we were due to
open and meant no 8ccess to our side doors for customers and no footfall through the alIe￿aY into town. This
closure will be in place until November 2024 and has impacted both ourselves and Iceland's trading. We had
predicted trading to ￿ tsvo thirds of the old B and Q but in fact it has only been a third. We have searched hard for
more suitable premises and met with Landlords and Agents but due to various factors we haven't secured a better
deal. We have seen a slight increase in trade in our other stores in Preston town centre but nowhere near
enough to meet the shortfall left from our Megastore.
In Rochdale we had even more work to do and genuinely the team performed miraclesl In September we found out
that the ground floor of our three ffloor 63,000 square foot Department store had been sold and that the escalators
between ground and first tloor would need to be removed and we )Nould have to vacate. Fortunately, OLr Landlords
in Rochdale, The M8rtin Propety Group, had kindly offered us a single floor former Boots and whilst not the same
trading size space, still a very large single trading floor and large warehouse unit. The issue we had is we had just
one week to move over and restart in the new store. Thls meant Companions from both Preston and Bumley getting
stuck in daily and nightly till late on two shifts to move a gargantuan amount of fumiture, white goods, small
electricals, and lots of other items. The move was tough but the new store looked great and we started to trade ok
into Christmas, albeit this is always our low trading point as people buy presents not furniture. On return afler
Christmas at the beginning January 2024, we knew the Rochdale Exchange had once again been sold and our new
Landlord gave us notice on this former Boots store, we had just moved into a few months previous. We managed to
negotiste a move back into the middle and upper fioors of our old Department Store, but with ground floor,
warehouse induding vehicle access sold off it meant we had to use the upper floor for warehousing and to get our
deliveries in and out, to make matters worse the only vehicle we could use was a medium high van vthich we didn't
have. So once again for the second time in four months and the third time in under a year we had to move an entire
huge fumiture and white goods store and once again within just a week and buy a suitable van.
Vvhilst we have lost trading weeks with moves. the largest issue is the reduction in floor trading space as we have
moved from 122,000 square feet of trading floor space across all stores in Preston and Rochdale to just 42,000
square feet across all stores. Space means more stock, means more choice and the ability to match customer
needs and more chance of a sale. We need to find additional or larger units, look at other income streams and
ensure vrfe manage our costs to meet our new level of income.

EMMAUS PRESTON
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Finally
A challenging year but one where everyone has given even more to Emmaus. Thank5 to my fellow Trustees, the
staff team, our Volunteers, and our Companions who make the two houses across Lancashire one Community.
Thanks to our supporters who support us weekly, as you make a huge difference from fundraising within businesses
or individually, to donaling food, donaling furniture and indeed choosing to buy off us. I hope reading this will let you
seejust what a change you make to people who are formerly homeless and help to be part of giving people a home.
I must especially mention Paul Clarke at Cadent Gas who has fundraised with Cadent in many ways including being
on the Turf Sleepout but also brought his team out with us on our Outreach at night supporting rough sleepers and
the team to tidy up the rooms and gardens at Emmaus House. We need Businesses to support us now morethan
ever.
The Companions ARE the community, and whilst we as a Board with the staff have made decisions to reduce our
costs, we will always ensure they are at the forefront of our minds in all decision making.
Financlal revlew
Flnancial position
Income from the retail outlets has decreased to £440,970 (2023: £687.155).
The furnishing scheme assisted a smaller number of companions, and income decreased to £114.399 (2023:
£152.524).
Housing benefit payments increased to £262,490 (2023.. £252,414) which reflects both the increase in Companion
numbers and an increase in the level of housing benefit.
Grants received totalled £1,81212023.' £7,160) and donations and gifts received totalled £30,89012023= £37,941).
The net movement in funds was a reduction of £188,547 (2023: £178,303), and total funds at 30 June 2024 were
£964,689 (2023.. £1,153,236).
Reserves policy
The reserve policy is kept under review by trustees.
In line with advice from Emmaus UK we hold at least the equivalent of three months costs in reseNes to cover
overheads in event of closure.
The free reserves of the charity are £474,402.

EMMAUS PRESTON
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Structure> govomanc8 and management
Governing document
The Charity was incorporated as a company limited by guarantee on 2 October 1998. The cornpany's Memtxandum
of Association estsblished its objectives and powers and it is govemed under its Artides of Association. The
directors of Emmaus Preston a￿ 81s0 the Trustees for the purpose of Charity law. In the event of the cnmpany
being wound up, members are required lo contribute an amount not ex¢eeding £1.
Induction and trainlng of new trustees
Each new Trustee is briefed about the Community, their legal responsibilities and ethical responsibilities and an
indudion programme is in place which indudes visiting other communities and attending an Emmaus UK
Federation induction day. Periodic appraisals are undertaken of trustee's skills and suitable training 15 offered.
Relatedparties
Emmaus Preston is a member of the Emmaus Federation In the UK. Emmaus UK is a federalion of all the Emmaus
Groups and Communities in the UK.
Emmaus Preston's Chair, a Director and the Communty manager participate in Federation peer group meetings
where best practice is shared. Emmaus P￿slon re￿iVeS support from the Federation staff on recruitment, training,
publicity, policy development, best practi¢e and fund raising.
The tw*ees, who are also the directors for the purpose of company law. and who served during the year and up lo
the date of signature of the ffinancial statements were..
JRDean
N J Ethards
J A Caldwell
M G Conlon
K C Derbyshi
P R Leeming
DJMein
S Parker
J J B Rawkins
J Swindells
K H Mfiddid(s
The trustees. report was approved by th8 Board of Trustees.
JRDean
Trusteg

EMMAUS PRESTON
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF EMMAUS PRESTON
I report to the trustees on my examination of the financial statements of Emmaus Preston (the charity) for the year
ended 30 June 2024.
Responslbllltles and basis of report
As the trustees of the charity (and also its directors for the purposes of company lawl you are responsible for the
preparation of the financial statements in accordance viith the requirements of the Companies Act 20(b (the 2006
Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's
financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carying out my
examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b)
of the 2011 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ICAEW,
which is one of the listed bodies.
I have completed my examination. l confirm that no matters have come to my attention in connection with the
examination giving me cause to b81ieve that in any material respect..
accounting records were not kept in respect of the charty as required by section 386 of the 2006 Act; or
the financial statements do not accord with those records. or
the financial statements do not comply wrth the accounting requirements of s8Ction 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view vthich is not a matter considered as part of an
independent examination., or
the financial statements have not been prepared in accordance with the methods and principles of the
statement of Recommended Practice fr)r acLounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK an
Republic of Ireland {FRS 102>.
I have no concems 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 financial statements to be reached.
Julie Flintoff BA (Hons) FCA
Floor 1, Capitsl House
8 Pittman Court, Pittman Way
Fulwood
Preston
Lancashire
PR2 9ZG
United Kingdom
Dated..
(diis

EMMAUS PRESTON
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
Unrestrlctsd Restrlcted
funds
funds
2024
2024
Totsl
Unrestrfcted Restrlcted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and
legacies
Charitable activities
other trading
activities
Investments
25,450
262,490
7,252
32.702
262,490
45,101
252,414
45.101
252,414
555,369
14,524
555.369
14,524
839,679
9,537
839,679
9,537
Totsl income
857,833
7,252
865,085
1.146,731
1.146,731
enditure
Raising funds
397,723
6.042
403,765
566,745
566,745
Charitable activities
675,416
675,415
728,891
28,692
757,583
Total expendltur•
1,073,138
6,042
1,079,180
1,295.636
28,692
1,324,328
Net gainsl(losses> on
investments
11
25.548
25,548
(706)
(706)
Net movement In funds
(189,757)
1,210
(188.547)
{149.611)
(28,692) <178,303)
Fund balances at 1 July
2023
800,187
353,049
1,153.236
949,798
381.741
1,331,539
Fund balances at 30 June
2024
610,430
354,259
964,889
800,187
353,049
1,153,236
The statement of financial activities includes 811 gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

EMMAUS PRESTON
BALANCE SHEET
AS AT 30 JUNE 2024
2024
2023
Notes
Flxed ass•ts
Tangible assets
Investments
14
13
379,102
335,470
366,663
309,922
714,572
676,585
Current assets
Stocks
Debtors
Cash at bank and in hand
15
16
107,611
130,686
218,682
107,039
98,450
499,553
456,979
705,042
Credltors: amounts falllng due wfthln
on• year
17
(206,862)
(228,391)
Net current assets
250,117
476,651
Total assets less current liabllltle$
964,689
1,153,236
Income funds
Restricted funds
dfun
Designated funds
General unrestricted funds
19
354.259
353,049
20
100,000
510,430
800.187
610,430
800,187
964,689
1,153,236

EMMAUS PRESTON
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
The company is entitled to the exemption from the audit requirement contained in Section 477 of the Companies Act
2006, for the year ended 30 June 2024.
The directors acknowledg8 their responsibilities for complying with the requirements of the Companies Act 2006
wFth resped to a¢¢ounting records and the preparation of financial statements.
The members h8ve not required the company to obtain an audit of its financial statements for the year in question in
acwrdance with section 476.
These financi81 statements have been prepared in accordance with the provisions applicable to companies subject
to the small companie5 regime,
The financial statements were approved by the Twstees on .....
JRDean
Trusteo
Company reglstratlon number 03643570

EMMAUS PRESTON
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2024
2024
2023
Notss
Cash flows from operatlng activities
Cash absorbed by operations
24
(265,626)
(15,917)
Investing activitles
Purchase of tangible fixed assets
Prowds from disposal of tangible fixed
assets
Investment income received
(29,770)
(15,282)
8.501
9,537
14,525
Net cash (used in)Igenerated from
Investing activltles
(15,245)
2,756
Net cash used In flnancing actlvlties
Net decrease in cash and cash equivalents
(280,871)
{13,161)
Cash and cash equivalents at beginning of year
499,553
512,714
Cash and cash equlvalents at end of year
218,682
499,553

EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Accounting poll¢tes
Charity Information
Emmau5 Preston is a private company limited by guarantee incorporated in England and Vvales. The
registered office is The Birches, 165 Ribbleton Lane. Preston, Lancashire, PR15ST, United Kingdom.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the
Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland. ('FRS 102°) and the Charities SORP "Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advanta9e of the provisions in the SORP for charities not to prepare a Statwnent of
Cash Flows.
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 £.
The fin8ncial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Golng concèrn
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the IrLBtees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charltsble funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific condrtions 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.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performan￿ conditions have been met.
the amount5 can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations r8ceived under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as
contingent asset.
10-

EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accountlng policias
(Contlnued)
1.6 Expendlture
Expenditure is recognised once there is a legal or constwctive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activty ar8 made up of the total of dIr￿t costs and
shared costs, including support Costs involved in undertaking each activity. Direct costs attributable to a single
adivity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreaation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assots
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to ￿lte off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Freehold Land & Buildings
Plant & Equipment
Fixtures, Fittings & Equipment
Computer Equipment
Motor Vehicles
2% Straight Line
25 % Straight Line
250/0 Straight Line
25 % Straight Line
33 % Straight Line
Freehold land is not depreciated.
The gain or loss arising on the disposal of an asset is detemined as the difference betsyeen the sale proceeds
and the carrying value of the asset, and is recognised in the ststement of financial activities.
1.7 Flxed asset Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs. and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel(expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Impairnient of fixed assets
At each reporting end date, the ch8rty reviews the carying amounts of its tangible and intangible assets to
determine whether there is any indication that those assets have suffered an impaimient loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss (if any}.
1.9 Stocks
Stocks are stated at the lower of cost and net realisable value.
Stocks are comprised of bought in goods. Donated goods are held at nil value.
1.10 Cash and cash equlval8nts
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
11

EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accounting pollcles
(Contlnued)
1.11 Flnancial instruments
The charity only has financial assets (debtors, cash and bank balances) and liabilities (creditors and accruals)
of a kind that qualify as basic financial instruments. They are initially recognised at transaction value and
subsequently measured at their settlement value.
1.12 Taxatlon
The charity is exempt from corporation tax on its charitable activities_
1.13 Employee benefits
The cost of any unused holiday entrtlement is recognised in the period in which the employee's Se￿iCe5 are
re￿ived.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to teminate the employment of an employee or to provide termination benefits.
Critical accounting estlmate8 and Judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experien￿ and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects cnly that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Key sources of estlmation uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carying
amount of assets and liabilities are as follows.
Depreclatlon and resldual valuos
Property. plant and equipment are depreciated over their useful economic lives to their estimated residual
values. Both the estimated useful life and the residual value are reviewed at least at each financial period end.
Donations and legacies
Unrestricted Restricted
funds
funds
Total Unrestricted Restricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Donations and gifts
Grants
25,450
5,440
1,812
30,890
1,812
37,941
7,160
37.941
7,160
25,450
7,252
32,702
45,101
45,101
12-

EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Charitable activltles
Unrestrlcted Unrestricted
funds
funds
2024
2023
Emmaus Community- Rents and housing benefits received
262,490
252,414
Other trading actlvltles
Unrestrlctsd Unrestrlcted
funds
funds
2024
2023
Shop and other sundry income
Furnishing ￿herne
440.970
114,399
687,155
152.524
555,369
839,679
Investments
Unrestrlcted Unrestrfcted
funds
funds
2024
2023
Interest receivable
14,524
9,537
Ralslng funds
Unrestricted Restrlcted
funds
funds
Total Unrestrlcted
funds
2024
2024
2024
2023
Fundraisin and ublicit
Operating costs
Bad debts
397,497
226
6,042
403,539
226
566,470
275
397,723
6,042
403,765
566.745
13-

EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Charitable actlvlties
2024
2023
Staff costs
Companion housekeeping and sundries
Companion allowances
Companion move on funds
maintenan￿ and utility costs
Recruitment expenses
Other overheads
Friends of Fishwick & St Matthew5 costs
Free Street costs
Depreciation
Loss on disposal of tangible fixed assets
315,658
57,887
88,900
17,090
135,973
53
37.524
322,892
63,160
86,362
15,643
194,528
1,085
26,126
20,285
8,407
8,738
1,633
13,513
3,817
670,415
748,857
Governance costs
5,000
8,726
675,415
757,583
Analysls by fund
Unrestricted funds
Restricted funds
675,415
728,891
28,692
Included within governance costs are indepedent examiner fees of £5,000. In the previous year, g0￿ManCe
costs of £8,726 related to auditors remuneration.
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
d)arity during the year.
14-

EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
10 Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
12
14
Employment costs
2024
2023
Wages and salaries
315,658
322,892
There were no employees vthose annual remuneration was more than £60,000.
11 Net gainsl(losses) on investments
Unrestricted Unrestricted
fvnds
funds
2024
2023
Revaluation of investments
25,548
(706)
12 Taxatlon
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
13 Fixed asset Investments
Listsd
Investments
Cost or valuation
At 1 July 2023 & 30 June 2024
336,620
Impairment
At 1 July 2023
Revaluats'on
26,698
(25,548)
At 30 June 2024
1,150
Carrylng amount
At 30 June 2024
335.470
At 30 June 2023
309,922
15-

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EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
15 Stocks
2024
2023
Stock
107,611
107,039
16 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
50,099
28.245
52,342
41,345
14.848
42,257
130,686
98,450
17 Credltors: amounts falllng due within one year
2024
2023
Other laxation and social security
Trade creditors
Other creditors
Accruals and deferred income
11,234
89,766
19,409
86,453
5,641
56,993
21.467
144,290
206,882
228,391
18 Retirement beneflt schemes
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
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EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
20 Deslgnated funds
The income funds of the charity include the following designated funds which have been set aside out of
unrestricted fvnds by the trustees for specific purposes..
Movement
in funds
Incomlng
Balance at
1 July 2023
Translers
Balance at
30 June 2024
Securing premises
100,000
100.000
100,000
100,000
Securing premises - This designated fund represents the amount set aside for securing future retail &
commercial premises for trade.
21 Analysls of net assets between funds
Unrestrlcted Restrlcted
funds
funds
2024
2024
Total Unrestricted Restrlcted
funds
funds
2023
2023
Total
2024
2023
Fund balances at 30
June 2024 are
represented by".
Tangible assets
Investments
Current assetsl(liabilities)
36,028
335,470
238,932
343,074
379,102
335,470
250,117
23,589
309,922
466.676
343,074
366.663
309,922
476,651
11.185
9,975
610,430
354,259
964,689
800,187
353,049
1,153,236
22 Contlngent liabilltles
Grants received from the Emmaus UK Solidarity Fund between 2001 and 2021 totslled £295.000. These
would become repayable in the event that Emmaus Preston ceased to be a member of the Emmaus UK
Federats"on to the extent that donats.ons to Emmaus UK Federation did not equal this sum
On 30 April 2022 Emmaus P￿StOn and Emmaus Burnley merged. The contingent liabilty from Burnley of
£145,000 was added to the contingent liability of Emmaus Preston, along with the £224,000 loan from
Emmaus UK to Bumley.
The total contingent liability in Emmaus Preston now stands at £664,000 (2023.. £664,000).
23 R•latsd party transactlons
There were no disclosable related party transactions during the year {2023 - none).
19-

EMMAUS PRESTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
24 Cash generatad from operations
2024
2023
Deficit for the year
(188,547)
{178,303)
Adjustments for..
Investment income recognised in statement of financial activities
Loss on disposal of tangible fixed assets
Fair value gains and losses on investments
Depreciation and impairment of langible fixed assets
(14,524)
3,817
(25,548)
13,513
<9,537)
1,633
706
8.736
Movements in working capital..
(Increase) in stocks
(Increa5e)Idecrease in debtors
(Decrease)lincrease in creditors
(572)
(32,236)
{21,529)
(39.300)
36,402
163,746
Cash absorbed by operatlons
(265,626)
(15,917)
25 Analysis of changes in net funds
The charity had no debt during the year.
-20-