OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-06-30-accounts

Trustees,
Of%cars and Professional		 Advisers
Annual
Report ofthe Trustees		 3 —8
Trustees'
Governance
Statement		 9-10
Report ofthe Independent
Examiners
Statement
of Financial Activities		 12
Balance Sheet 13
Cash Flow Statement 14
Notes to the Financial Statements 15-23

Mission
We exist to give hope and a sense of belonging to those who have experienced homelessness or social exclusion
How we do it -:
We create communities
and opportunities
to develop
What we do -:
We provide a home and community
for as long		 as people need it
We support
people to achieve their aspirations
We engage people
in meaningful
activities through		 a range ofsocial enterprises
We help others through
acts ofsolidarity
We use our voice to address the causes and consequences
of		 homelessness and social exclusion
We are part ofan international
movement
We help our environment
and recycle and repurpose		 donations
Vision
To achieve
full social enterprise
status, generating		 Income through our environmental customer proposition, whi(st maximising our
support to those who find themselves
homeless		 or socially excluded.

As restated
Unrestricted Restricted Tota I Tote I
Note Funds Funds Funds Funds
2022 2022 2022 2021
INCOME E E
Incoming
Resources
Donations
and grants		 85,913 190,000 275,913 202,257
Incoming
resources		 from charitable activities 646.143 646,143 388,233
Investment
income		 142 142 43
TOTAL INCOMING
RESOURCES		 732,198 190,000 922,198 590,533
RESOURCES EXPENDED
Costs ofgenerating voluntary income 22,966 22,966 22,915
Charitable
activities		 713,921 207,129 921,050 665,703
TOTAL RESOURCES EXPENDED 736,887 207,129 944,016 688,618
NET MOVEMENT
IN FUNDS FOR YEAR		 (4,689) (17,129) (21,818) (98,085)
RECONCILIATION
OF		 FUNDS:
TOTAL FUNDS AT 1 JULY 2021 1,201,789 1,782,907 2,984,696 3,082,781
TOTAL FUNDS AT 30 JUNE 2022 1,197,100 1,765,778 2,962,878 2,984,696

As restated
Note 2022 2021
FIXEDASSETS
Tangible assets 2,715,669 2,724,897
CURRENT ASSETS
Debtors 52,911 4,223
Cash at bank and in hand 386,643 472,075
439,554 476,298
LIABILITIES
Amounts
falling due within one year		 8 (120,371) (122,234)
NET CURRENT ASSETS 319,182 354,064
LIABILITIES
Amounts
falling due atter one year		 9 (71,973) (94,265)
NET ASSETS 2,962,878 2,984,696
THE FUNDS OF THE CHARITY
RESTRICTED FUNDS 10 1,765,778 1,782,907
UNRESTRICTED FUNDS
Designated
funds		 12 956,891 989,045
General reserve 240,209 212,744
1,197,100 1,201,789
TOTAL CHARITY FUNDS 2,962,878 2,984,696

CASH FLOW STATEMENT 2022 2021
Note Year Year
Cash flows from operating activities
Net cash provided
by operating
activities		 (24,735) 20,554
Cash flows from investing activities
Interest receivable 142 43
Proceeds ofsale offixed assets
Purchase offixed assets (33,839) (46,451)
(33,697) (46,408)
Cash flows from financing activities
Repayment
ofborrowings		 (27,000) (27,000)
Change
in cash and cash equivalents		 in the year (85,432) (52,854)
Cash and cash equivalents at 1 July 2021 472,075 524,929
Cash and cash equivalents
at 30June		 2022 B 386,643 472,075
A
RECONCILIATION
OF		 NET INCOME TO
CASH FLOW FROM OPERATING ACTIVITIES
Net income as per SOFA (21,818) (98,085)
Depreciation
charges		 43,067 43,844
Interest receivable (142) (43)
(Increase)
/ decrease
in		 debtors (48,688) (91)
(Decrease)
/ increase
in		 creditors 2,845 74,929
(24,735) 20,554
B
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand 386,643 472,075

Unrestricted Restricted Total
Funds Funds Funds
2021 2021 2021
E
Incoming
Resources
Donations 123,507 78,750 202,257
Incoming
resources		 from charitable activities 388,233 388,233
Investment
income		 43 43
Total incoming
resources		 511,783 78,750 590,533
Resources Expended
Costs ofgenerating voluntary income 22,915 22,915
Charitable
activities		 630,801 34,902 665,703
Total resources expended 653,716 34,902 688,618
NET MOVEMENT
IN FUNDS FOR YEAR		 (141,933) 43,848 (98,085)
3. INCOME FROM CHARITABLE ACTIVITIES Unrestricted Restricted Total Total
Funds Funds 2022 2021
Year Year Year Year
Sales ofdonated goods 405,618 405,618 171,444
Income from housing &support 240,525 240 525 216789
646,143 646.143 388,233
4. INVESTMENT INCOME Unrestricted Restricted Total Total
Funds Funds 2022 2021
Year Year Year Year
Interest receivable 142 142 43

As restated
Activities Support Total Total
directly Costs 2022 2021
undertaken
Expenditure on Raising Funds
Fundraising 7,178 15,788 22,966 22,915
Total Cost of Raising Funds 7,178 15,788 22,966 22,915
Charitable Expenditure
Housing
&		 Support 481,400 116,149 597,548 344,687
Social enterprise 229,552 93,950 323,502 321,016
Total Charitable Expenditure 710,952 210,098 921,050 665,703
Total Resources Expended 718,130 225,887 944,016 688,618
The average number ofpaid persons employed by Emmaus Hampshire during the year was as follows:
Staff Numbers
2022 2021
Year Year
The costs ofthese staff were as follows; 2022 2021
Year Year
Wages and Salaries 204,617 206,951
Social Security 16,650 14,058
Pensions 9,744 9,232
231,011 230,241

Cost Opening Closing
Balance Additions Disposals Balance
Long leasehold and other interests in land and buildings 3,297,876 33,839 3,331,715
Furniture, fixtures and equipment 72,640 72,640
Motor vehicles 52,649 52,649
3,423,165 3,457,004
Depreciation Opening Charge for On Closing
Balance Year Disposals Balance
Long leasehold and other interests in land and buildings 596,325 32,745 629,070
Furniture,
fixtures		 and equipment 67,046 4,405 71,451
Motor vehicles 34,897 5,917 40,814
698,268 43,067 741,335
Net Book Value Opening Closing
Balance Balance
Long leasehold and other interests in land and buildings 2,701,551 2,702,645
Motor vehides 17,752 11,835
2,724,897 2,715,669
7. DEBTORS 2022 2021
Other debtors 38,130 1,173
Prepayments 14,780 3,050
52,911 4,223

RESTR ICTED FUNDS Balance Incoming Balance
1 July 2021 Resources Expenditure 30June 2022
E
Building Fund 1,309,664 (28,156) 1,281,508
Extension
Fund		 74,037 (1,256) 72,781
Vehicle Fund
Training Fund
Project 40@20(Incorporating Building fund 2018) 320,456 (2,717) 317,739
Repair shop 78,750 15,000 93,750
Kitchen renovation 175,000 (175,000)
1,782,907 190,000 (207,129) 1,765,778

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
Tangible fixed assets 949,891 1,765,778 2,715,669 2,724,897
Net current assets 319,182 319,182 354,064
Long term liabilities (71,973) (71,973) (94,265)
Total net assets 1,197,100 1,765,778 2,962,878 2,984,696
DESIGNATED FUNDS
Balance at Designated Utillsed Balance at
1 July in in 30June
2021 Year Year 2022
Fixed asset fund 982,045 (32,154) 949,891
IT fund 7,000 7,000
Total designated funds 989,045 (32,154) 956,891

2021
Total 2021 reserves carried forward as previously reported 3,014,020
Less increase in interest balance to bring to correct position (41,159)
Remainder
to		 opening
reserves (841,159interest		 less 629,324 increase in loan balance) 11,835
Adjusted
2021		 reserves carried forward 2,984,696