EMMAUS HAMPSHIRE (A Company Limited by Guarantse) Company Reglstered Number: 03783294 Charlty Reglstered Number: 1077264 Annual Report and Account8 For the year ended 30 June 2024 EMMAUS HAMPSHIRE CONTENTS ThE YEAR ENDED 30 JUNE 2024 Tru8tee4 oificeTr and PwfeseionHI Athlsers Ann4Jal Report ofthe TN8tee• Tru8to09' Govem8nc• Statement Ind•p&ndgrt Audltor8 Rewrt 10-12 Slgt•ment of Flnanolgl Adfvities 13 Balance Shè 14 Caeh FIL)w Statement 15 Not•8 tolhe Flnanc4al Stslonwnts 18-24 EMPIIAUS HAPA>SHIRE TRUSTEES. OFFICERS AND pl￿FEsSIoNAL ADVISERS President Aliwn Th)mp6on, MBE Vr• Prnsklents Tony 8￿On Anrta Clafk Kgllh FJkon8r H8zel Ktsrwldr Chalr OlTr￿•S Cathetlno G&r¢lh RO￿rtI Tiea8urer John Conyngham John Mcl¢onna J¢Mathan SutcHff• S•nlor ￿nIg•M•nt T NWI J S•mu•l8. CEO Ct)nyny Socrrtary r•th Rob•rt• R•glslor•d 01￿￿. Bar End Rogd, Wrthe*er, HamF4hlre, S023 98N Th• Charfty 1$ Incorporated In Er￿nd and Walfr• Bankers: NalloMI ￿MIn￿r Bank plc 105 Hlgh StM•t mpshlr• $023 9AW Authtor•: A20ts Awjlt S•rvlc48 so￿re Hou Luwrth Clooe ChaThJl8rn F HIM￿h1r• SOS3 3TL EMMAUS HAMPSHIRE ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 TRUSTEES. REPORT Thè Trustees of Emma￿ (lho Charfty"), who are afso (kndor80fl￿A Charty fr1rl￿ purw*s of the Comwanle$Act. pre8errt thelr annual rèp)rt forthe yoarfjndgd 30 J￿• 2024 undérlh CompanlesAct XAX$ 8r#J tho cha￿￿•• Act 2011, tog•thor wilhlho fln8r￿741 atatements forthat year. Tho finandal *dt&nY4nis comply ￿th the rewlrements of the Comp8thsAct XK13. the Charlty's w￿MOr1ndlIM and articlès ol a8wcialion arml1￿ rel•vant statsm¢nts of RoGcffjm8ndod Pracllc• Ilhe Chath SORP). STATUS AND ADMmllSTRATION The Charfty Is a regl¥tered Charity (No. 107T284} 4nd J cornpuny (No. 03783294) Ilmlted by g￿lante* fvt IrrtoryKJrat•d on nh Juno 1999. Its regl&tered offk? Is on page 2 of this report. Tha pm6nt Tr￿10•& and any p88t Trusta•s who gerved durlng the year ar• $lvJwn on pgge 2, tt)g•th•r th• Mme• ol t￿ 88nlor mnagement &aff and Ihg axt&mal 8dvl8èrB a8 at the date of tho 1Spnlng ollhl8 rwirt. 4#ilon W• •xl& lo 9￿• how and * 9on•o ofhtowlng lo I￿90 who have exwrlenc•d IvJm•lewieu or 8odal txclu￿On. How we do It .. cr•at• commLmltl•8 Ind owrtunWl•• to dw•lop. What ￿ do -: pfovklo a hom• arKI kximmunty for a4 lorvJ people nèed It 8upwrt p¢oplg lo achl•v• thotr a8plrnUon8 •rwJag• p•opl• In M•an1￿[U1 •dfvltl•8 thvDLyh a rang• of 8oclal •n￿￿￿o0• Wt h•lp othèrnthrowh of801Sdorfty use our volce to addro88 the cau88• and corA•qvJrK•• ol homlOSBnM and aodal •Xd￿on We ar• pqrt of an Intemallon81 movèfn8nt hdp our •nvironm•nt and r•qd• INI r•wrp)w dorotbrA) Vlslo To o¢tra•v• lull tyx4•1 •rt•rwlse otalu4 g•nor¥tlng Incom through our •nvtronm•ntal cu*omer whll* wAxlmlthq our pport to tho8• who flnd th•msolv•6 hom•lw or •x¢lud•d. OVERVIEW OF CHARirrs ACTIVITIE8 Tho Trust*88 revlew the purp)88. alms and acifvltles ofttrw Charfty gach yèar. Th[8 rgvknw hJok8 Otth• achlw*ment8 durfng the prev10￿4 y•ar, beyond I￿1 the flnanc•8. and ¢xplaSns tho rwmb8r of bènèfld1￿•ts 868L¥t•d and thè ext•nl o1th8t a8816lanc•. WINryn oarying out the Tevlew and ptsnnlng ftJiur• I￿￿1t19•, th• T1￿1•ea r•f•r to the guld&￿ <>)nt8lned In th& Charlty Conynl•8lon general guidenc* on publk benefit. In partlLNdar the Trustees cOn￿der pljnngd a¢*tvMies wlll ¢crfrtrlbut• to the alms and Ob*Ca￿e0 The Charity ha$ main o¢tlvfÉle8, namèty.. .. Thp Charlty has armmm￿latt0n In Wrthostor lor 37 corn￿nIOnS￿1th further accommodath)n for up to 3 ad(Otlonal CompJnh)ng. Lkn.. The Clpiity manages 3 stores that ￿11 rewled, up cyc4ed and virtag8 furnlture ènd hon￿*re8. In Ilne ￿th othw Emm8LM Q)mmunttles Ouf re$l¢lgnts are rgfvwed 19 as Companions within our organi8atlon 4nd Ihls report. Ccrfnpanions Philosophy .Itsnotj￿$twh&l the commu1￿ty can do ftsryou, irs asnwch whatyou Gan do fovyourcommunity. EMMAUS HAWISHIRE ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 Key Strateglc Aims 20234T Cr•ale 14*Kè Hom•> 1 Alm to a minlmum 0140 Gompanlons and be prnpwr8d to t8¢U¢81 opportunths to I￿$8 fyrther Compenlon4 wthtst ensurln9 oursolid•trtykYQ9r•nyM, Under￿nS ourwFortto rf<*Ke those WIK+ are soNally ￿l￿ded. Maklng our So¢l•l Ent•Trrl•e MOT• Su*alnabl•-2 W$ elm lo &xpAndourrnt￿l8P￿C* (Jware footag•) andlntroduu a $8qm•nt•d tththoo depondnp tsn th8 Indlthallo¢atlon, thch ￿N8￿pport In homplossn•ss SOGlal •xdugon and the pr&•c£iv8p•ffjdp•llon In •nvlftiftm•n¢ chary. sh￿tt LixNl8rl (Build our Brand) . 3 Ctyuble brand rn¢0gnlUon (0 20% sman•ous 17w•r•ness, thmuqh the promtsuoii oflowJ wag£SCek12023- £474.ek). a180 r￿*￿•￿ £330.8k (2023- £307.6k) In houdng In￿M8. Chqrltsbh ￿lIv￿ expendltur• wa8 £948.7k{￿23- £8e4k}. Furt￿[ d•taN8 on chaFltat40 adfvlly &x￿ndRUrQ are 8hown In tho Ml•8 to the flMrLo1 &*tthnént• ond und•rthe r•l•vanl &tlvty headng• In the TnMte•o report. Th¢ overnll r•8u# w40 a wrplu8 of £12k (2023 •urpl(M E48k). The TnLstee8 keliève Ihe Statémonl of Flnanclal Affalr8(SOFAI pmld66 a $olld Flotlom lo Support tho fijture aolfvllle8 and expar*l(m of the Communlty. RESERVES R•stric*ed R88er¥•$ arè fund8 vtherè tho drA￿r hag $peclffi•d lo t￿ Chartty the PLffpoGe for which they would Ilk• thdr wd. Fre• Resery•* Free Re￿Ne5 avallable lor use by the are dègmed to Lw ttThe Ihat arn readily mli8abk, less fund¥ whose use is re8tfktsd or dÈs￿n0tod for partlcular purp98es. Thus, Il* Cal￿1all0￿ of Freè ReseNes oxeludÈ8 flxed As8et8 th81 ¢onllnuo to Ix u88d In thè day-to- day opgralion olthe Charity. EMMAUS HAMPSHIRE ANNUAL REPORTOF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 21124 Asa matterofpollcy. Ih) TN8teesreaularfy rovlewthè valu• ofth re8•Nos r•qulr4dlD bg held InGa8h aNI ca8h fjqulval•ntsrM)I rè8tricted lo or dosigro18d for any p3rtl¢ulaf purpose. Th8 Tmiets ￿v￿ a mlnlmum laroel level of re8eNe8 of£2(Ki,rTh. Th18 WAI enable th Charity to me•t it• oprating exF*n￿• for a pertod of at l•a8t 4 montr* ¥h￿￿d t1￿ b• a (l￿ntuM in incom• forlhe charty. A$atthe 30 June20241he Geneyal Re8eFVg wa$£33Ck (2023_ £29Tr). Runnlng costs6n¢lude all &aff 8alarlesand olhwc08tsasgcdated wllh admlnlsterfng Ihe charfty and ts funds. Thè Flxed A•*t FUNI r*v￿rtS the n•t I￿trk vèlu• of li¥ed a￿lts whlch have been Purcha8￿ vllh unr•#trfcl•d fund& Th1* re••rye Is lockfjd Into the valu• off1x￿ a88ot8 ar￿ tho valu• b¢ r•lè#wd only fllhoy are *Jld. RISK MANAGEMENT Emmaus Hampshio'8 JFprofjch to rf8k manJggThrt18 de8Wèd to engure that It r8melns akrt to thos• 8xt•m81 and Intem81 faetorsthot )uld aff&t It8 abllty lo op8rgte eff8Ctivety. or evén at all. The work of 8aabllsfraro rSsks faclng Emma￿4 HamF*hl￿ and enourlng #ultable mlllgallng atAton18 Ixlw tskon Is r•vlvw•d r¢gularly by the Manyment and Trth•s. Further Infom*tlon on mnag8ment (xn be found In Ih? TrU¥te￿. Statement on Gov•m•nc*. FUTURE PLANS & DEVELOPMENTS To WPFQrtth8 deuvfyry of our Mw•tr8tegk plan ￿1¢h wa8 d•v•bp•d ft>r 202>3327, we ilm In th• n•xt 12 morths to-, M•lnt4ln our c*h gon•ritknn fO￿j￿1nd corAolldale our activStlèo ao that we can tre rea0¥ lo •xpand our a¢tlvftle MaxlmlEo OUT 0￿uP￿T￿l0v•lb, utlll8lng our Mw •tudk) fl•t• lo ljll •ff•c* LAunch tho ￿lboInll C•nlr• Monltorth• r•tall maFk•t p14r¥ 4rbJ b8 r￿dY to rnSFond lo any Wèntlal stte8 a8 fvy materfalkn. Contlnu• to Idontlfy 4nd •ppty for grnnt8 that s￿11 h•lp ourc0m￿nIOn8, dw•h)pm•rrt qnd l•adthèm to an Irdepend•nt li*￿. DI1￿•r, 4t lèast, a furth•r 20 wlld9rfty projec18 In t￿ local communty thI8￿ar. AND FINALLY. Th• Board of Tru•t•es of Emma￿1 Hamp8hlre would I1￿ to congralulal• al th• Comp•nlon8 for Ih•Sr remirkabl• $uc¢e88 Sn 2024 and for the fortitthlo and ffoKltr4ltythat Ihgy havé •Khlbll•d. Th•ir comp4•on ard empathy fortholr fellow ComFenlorts ha8 bo8n out8tandlrwJ and th•lr d•8lr•to ••• Ih?Ir Jcthl enterprf8• flour1th lJ8omlhlrvJ to b•PK*Id. Th• TrLLqt•48 valu• thg •mazlng contrlbutlon mad• by all our Volunteern conlknue to glve thdr Ilme and eyport1￿ to Support tro o)mmurthy an¢J our fvndralBtrw I￿1 SUFP)rt FAaM. Th• alw wlsh tQ few￿lse thè lead#rthlp of the management team •tKI •xprn88 thfrlr appreclatbn for the dedbatlon •Tr prole8dorAllsm ol I¢Aren Kay. Lynn Unsted, Jak• Paln•, Trnvor EdwaTds, Ben Pathin and John Stroulg•r. Thoy hav• guithd and 8UPWrtoil tho ComrAn10￿ to wch remarkabk8 sl￿￿$& In 2024, malntalnlTrJ a po*tlve can.do aPPToach, ie8p)ndlng lo ev•ry now challenge ￿ a 811PPOrtlv• team ar4)roa¢h. Thi¥ reFOrt, trwrporallng thè Str8teglc Report, •pkYov•d by the Boavd ctf Tru*8es In thelf capjdty 8¥ ComFAny dir•c*ors on th• 12th Mar¢h 2025 aThJ signed Dn thelr behalf by air ofTnth•s EMMAVS HAITrSHIIE TRUSTEES. STATEMENT ON GOVERNANCE FOR THE YEAR ENDED 30 JUNE 2024 Qo%*mthce The Chgrty18 oovèn*d by Its ￿*Mor8ndUM and Arttdes rjf A880C￿￿On adopted on nh June 1999. In orfer lo more dosefy allgn th& oWe8 of Emrnaus Plampshlre wth the wlder ELIK EmmaLB communty the Trktheg amended the rnemorandum and 8rtklg* 01 A8￿cIatIon ty spedal re801ution on 23tO Jun• 2tr22. The6e amendments ￿re approved ty the Chartty Commiwon and reglstered by Companifj¥ House on 1 P S•O•mber 2022. Tr Board of Trustee&18 resptsrtylble for the overall govornanca oftho Churtty and meets at teast fout tlmgo • ygar. The Chlel Exooutlve (CEO) l& respo￿ble for the daY-l￿daY manAg8ment ol th• Ctrwrty's atrdlrs and for Implemontlng PDlkteg 8ore•d by lh• Tna•t••4. TNsts8 s￿*¢t10n. Induction and Appr•l#al Uftd&r the Charity's ArU¢los and Mgmorandum of AsBoclgllon th¢ TNstee8 may at ary Ilme co-opt iny pIr￿n duly qualrfied lo bg appolnt•d QJ a Tru8tee lo flll a vauncy In Ihelr numLxr or a8 an addttional TN8t•e. In aee￿n9 p)lenllal appolntè*8, Board look for kndlvkluals wh? aro apprDpriato lo the 8klN8 and exptrr*nca n8adod by th& board and r•fl¢¢t the work of C*erlty In purnuil of its c￿￿tatI? purpose8. At 8•ch Annual Gèrnrnl Meèting ono.thlrd of Ih TnJ•t•es. or th number ne8re& trj onè-lhlrd. mtmt r•tlr• from offkts. Th& Tru•le•J lo rètlr8 by rotallon 8hBII ba thoge hav8 h•n longa81 Sn offlce alr￿ th•li last appokntmenl. Any co.optsd frust•• holds offlcè only unlN th• ￿￿1 AGM whon Ih•y may t• r•.appolthd, Th• mlnlmum number ol Tru8t••$10 3 and Ih•r• * no Ilrnll lo the numb•r of Tru¥t••¥ or to hw many Ilm•s a TN8t•• rnay b• •ppolnt•d. Indu¢tlon •rKI Irllnlng of now TrtMt108 Indud•• provldlNJ tkffjm vlth ¢OFl•• of th• charlty'¥ govemlng th￿MInt8 arttl Tru*90 Manual 48 wall a$'The EMentlAI Trutho.. you t¢ kn￿ (Ctta￿ty Comft*•￿0n pubkitlon CC31. fru•t9•4 •r• hoF•fuNy hmHl•r the work ol the charfty alroaty b(1< any extra Infomo*lon ngc•seary Is yovltaod, arKI Ih•y wlll tyg •hown Around th prlrK*al offK• and Intrc¥Juc•d to 8toff. NewTru*••8 are rewlred to d•darè In wrlllng any •xhtlng of pol•nt>al o)nflcts of Irrt¢ro*. sts1￿￿￿t ol R•ipon*lbllltl•È Ind Corporat• ¢3oNYmo Tho Tru8t••8 4r• Mopon*blo Ic¢r trolr annual r•p)rt and for the yapara￿On ol Ir0ncl•l 8tat¢m•nt8 fr*r oq¢h flnlnthl year In 4(￿ldIn¢* wf(h appk•bl• L9w and Untted ￿ngdOrn A¢¢ountlng St•nd•rdo. Comwy and ¢h4rfty law r•qulr• th• TrLMts•• to pr•kxr• flrnncl•l *at•m•nts for fvwn¢lil year whlch 9￿* a IN• ond lalr vl•w of *le ol affalr8 oflhg Charfty and whloh olve a IN¢ arxl falr vlew olthg Inojnlng r•vL+urc&8 and apF41c*lon of tTro8e raaourc•8 of th• Clty for Ihal y•or, and of tho *1• olaffalro 10 al IM •ntt olth• fin4nol41 y•ir. In Fmpparing the8• ¥taloment8, th• Trutytefj$ are rgqulr¢d to 8elect 8ult4bl• a¢y*untknw pollclg8, •• d•Krtbèd In thé financ4al Blatements. Ihen 8ppty them on a ¢orAlgt•nt ba￿•, rnikttvj judgement8 and e8tlmate8 Ihral 8r• prudtnl 8FvJ reasonable and ¢onlom) to Ihe methods arKJ prtnclpkn ollhe Charltle8 SORP. The Tmtees must ￿$0 prepare the finand41 ¥taternents on a golng wK•rn basS8 un1tt8 It Ig Inapproprlal• to pro8um8 that th8 Charfty ￿11 contlnuè. The Tml••$ have overall rewtylblllty forensu￿￿ that th• Ch•rfty hi*ipwoprlale S￿•M8 and rAnlrol$, flnandal •nd oth0￿8•. They ar• •180 r••ponelbl• for on8u￿n￿ that the Charity ke&ps PTWI acfAwnt4ng r•¢ord8 wNtsh Wlh r¢a•orrdble Aceurw at any ti the flroncial positlon oflhe Charity and enabb the ￿anCIal 8tattmèrt6 lo Com￿Y wtth Cornpjnlej Act 2006. Thay ar• alao re8wrAltle foi safeguarding the asBel$ of the Charfty and for thelr proper application as r?qulred by Chanty kw, and hencè for lakln9 rea￿n￿b Steps forthe prevenlon and dètéctlon of frnLbJ and other IrregulaTrties artl to provlde as9urance that,. Th• Charity ts operallng •fflLY•nlly I￿1 èffedvety; All asy¢ts ar• sategLiarded agalr￿t unautM)ts¢d us8 or d18￿￿￿)n and are properfy applled,. Propor recorts are malntaln8d fln&ndal infotmath)n uwl wlthlnthe CPArfty, or (or publl*ion, 1$ relialAe" The Charfty ¢ornplle$ wllh rekvant laws and Tegulatron& EMMAUS HAMPSHIRE TRUSTeES' STATE&￿NT ON GOVEPAANCE FOR THE IEAR ENDED 30 JUNE 2024 In ￿ far a8 the Tru*e8 are Aware: Tr*re18 no rel•vatt Informatlon olwhlch the Charrty'$ Independent examinets are ur￿wart. and Trustees havetaken all stspsthatthey ought to have14k•nto makethemawaro olany retgvart Infom)alKin and to a*bllsh that the èxamlners ir• awa￿ ofthat infomiah'on. Int8rro1 controlA ovftr •ll (orro of o)mmitm•nt and •xpondlturn ts)ntlnu• to bo reflmd to Improv• •ffid•ncy. Proc•w• are In plac• to •nwr¢ perform4n¢? h monltored and UPWOFflat* Manig•m•nt Infornatlon18 pr•pJr•d and revleNwd r•9ularty by l>)Ihth• •x•Gutlv¢ vJnag?menl and the wsiemsoflntsrnal wnlrol• afe l•¥lyned to provkle ￿a￿nable lyjt not abwlth aBBuran￿ ryalnlt mot•d81 mlgstst•m•nt or1085. Thy Ir￿de. Regular ¢on8kleralon by the Tru*•• of flnanclal and ￿n-fi￿n¢t￿l pgrfom*nco Indkato Deleoatlon of day-tfyday m8nagemenl aUth¢￿ty and 8egr•gallon of dutles,. ar Idenllflcallon and Mana￿meTht of rk8ks. Matters Reserv•d to th• Truste•s The followlng mattor8 are $p•dncolly r•eeN8(I for approval ty th• TnAte•& Any propooal to amend th& mOn￿Yandum and Artld•s ol A•J¢ol•tton; IMlrum•rt¥ •NI Rul•8 ol *&v•mm•nt. A(￿UntIr¥a R•l•r•rrA O&t8 or materfal a¢Muntlng polki Any d¢¢thi to or defgnd l¢gal acllon In a alvll rA8•', R•8pon8e to crlmlnal thargo&4llegatlons ol¢rfnlnal •cll¥ty ￿ve connecllon ￿th the Chathy,. EX￿￿k)rn of iclfvlll•& b•y¢)nd +X)ro ba￿ne&S,, ForM￿lOn ola¥ub*dlary; E¥tabll8hmèrt or grwidmènt to pen8b)n *dwme8'. Approval ofAnnual ReF4)rt, Ac¢ourt8 & fin•rdal *l•mert$ Includlng g•ttlng of r6g•rv• 8llocatlon Inv•6tm*nt mnjgoment p)Ilcl•o', Ca8h managèment Folld•• IlrKludlng approved1181 of vJuntor*artt•sl,' Any cf)nira¢t vllh any TrLMt8• or m•rnbor ofserts minau•m•nt or arry or •ntty conn•ct•d wth Ary of1￿m. OpenlrKJ of • new banklng r•latton8hlp", and R•¢•lpt ofglfts from A wlentlolly und&$lrablo domr. Rlsk M•Mgem•nl S•rfous rl•k¥ ¢an hav• a major lrnpo¢t on th• •bllty of i thartty to Ibjlfill h ¢hifll*W •kn• dlwwlon to th• bu¥ln•8• or, al most exir•me. *gAlflcant lknartcI81 lox Thè Bc*rd of Trust•e8 are r•sp)ndblo for the ov•rall of thg tharlty Jnd ng•d to be Mr• Oft￿ rthto the 4fKI the p￿90•$ Ihat •re In pla(* to mlugate Ih•m. Rl* 48gèiwn•nt provld•# a hm•M)rk for thtr Bogrd of Tnth of EMM•￿ Hampshlr• to Idènllfy potentlal fisks lo whl¢h lh• o￿an188110n l• exposed and how th8w can be and are belng mf(Igatèd. Th& TrLNt•e• Iw• a formal rlgk Manag￿￿￿￿ proc••6 to as£e88 rf¥k8 and to Im*men* rtsk rIn￿gem￿rt *ale*¥. A rfsk Iscarrt8d OLI by the CNef ExerJJlfv• on ￿h￿￿oI the Tru&808, and I￿n revlèmd by th• Tru&tè•& Rlsksar* Idtrnllfi•d and a￿8$ed ft*r Impacl and woteblllty and &n actlon plan to ￿ntrol the major r15k¥ B pr•par•d. rlBk analysh covgrs fow map)r arèa& f*Jmplianco, financi81, oFernlional and ma¢rDeconomlc. Fallure to ¢omply vlth any of t gi9btKJn coverlng the tharity would hgvè 8erws Impl￿t￿or￿. thg Truths have a Qloso working relolionBhlp wkh the ohaiity'sl and proh￿.0￿al athlsors to h¢lp mltlgate Ihh r This statem•nt on govgrrAnc• was apwoved ty th8 Board of TnJ*e8 In tholr eapacty as Company dlr6ctor• on the 1￿ March 2023 onthEir tehalf by EMMAUS HApmsHIRE INDEPENDEKf AUDrroR'S REPORT TO THE T14USTEESOF EMMAUS HAMPSHIRE Oplnlt)n have audlted the flnanclal statem8nts of Emmaus Hamwilre fft 'charilaNe company'l for the year endèd 30 J(￿0 >f24 ￿tch comprise the statemènt Df ffnanryal advrtlos, th• balance Sheet, thè 8tat•m8nt of catkn fi0￿s and notes lo finandal Atslaments, in¢￿dIng I￿nIficant 8ccounting Follcies. The financial r*￿rtIng framework that has teen applled in Iholr preparat￿nI8 appllcable and United lfjngdom Accountlng sta￿ardS. I￿lUdIng Flnanclal Rtsp)rtlny Slandard 102 Tr Flnllndal Reportlng Standard applkable In th• UK8nd Republic ol Ireland IUnlt•d KJngth•m Gomraty Accerted AccounlTrJ Pradkel. In our optnh)n Ihg flnan¢lil •t￿OMent8.. gfve a true and falr vlew ofth• stat• olth• chllrttabl• comp•ny's affalrn asal 3J JUM 2tr24, of It8 Incomlrg rgeoure•sand appllrallon of rwurc¢J, In¢4udlng and oxp6r#11tur•. fr)rth• y•ar then •nd•d,' have b••n pmp•ty pr•pir•d In ac¢ordJn¢e Unf(•d lQngdom G•nor•lly Ace•pt•d knountlng Practlc•' and have been propfimd In &ccordartt wlth r¢qulv6rn•t)ts oftho Chorttles Act 2011. B•g1s for (4)l￿Th W• eonduL*gd our audll In aceordance wrth Int6rnAtbJnil Standard8 on Audrtlng (UK) <1&48 (UK)) and aN)liCa￿• l•w. Our r•wn•6Nllii•B uTraer t￿￿•9 8tandafd• ir• further dO￿rIbed In th eLwJltor re8pon86LIIftI68 ftir tho 4udil ol tho flninck41 slalemènts ••ctlon ol our report. ar• Ir*r#knt ol th• charh4bl• ¢ornpary In accordar￿ wMh th• ethl¢41 rnqulrsm¢rts th•1 4r• r•levant to ow •udtt ofth i1n•￿Il ¥tst•mont8 In th• UK Includlng th• FRC'• Eihl¢al st•rth￿l, 8nd w• h8va fv1fl110(J oth•r •lhlc41 r••pon8lbllttl•• In a¢¢ord•nc• wth r•qulrom•nt$. b•ll•v• IMI lh• iLKJIt •vld•rt• w• have obtslnod18 1(fflol•nl and 8pproprtil• to provld• • b￿lI10r our oplnlon. ConGluoloM r•latlng to golng concern In asjdlllng thè thancl41 st*tem8nts, we h8vg ¢urKlud8d that th• tru3t•è8' ￿ olthg golw ￿n¢9M trA81$ of acCoUn￿ng In tha y•poratk*n ol th• ftrArKlal *atsm•nts l• approprlit•. Baled on tha wrk w• F*rforrn•d, w• ￿v• not Idertlfled ary matorlal urtertllrt￿ r•lallng lo •vènt8 or condltlon• that, Ind￿t￿￿1 or colleGUvety, may rAat dgnlflc•nt doubt on th• ch•rttJbkn rxrfnpary'8 abllNy to i* A golng wnc•m lor a ￿￿tx1 of at l•a*t tw•fv• n￿nth• from wh•n t￿ flnand•l are authoMg•d lor SwJ•. Our ra$pon•lblUtl•¥ ard r•spon•lbll￿l0$ ol th• tnMt•6•￿th r••pJd to qolng conc•m ar• d•4erib•d In th• robv*nt ••ctlon• of th18 Other Inlomiatl)n Th• olh•r thformatltsn the Inlormallon Snduded In the tru*•el annLo1 rowrt2, other than th• flrAnc4al 8t•t•m•nt* our I￿0￿¥ report thereon. The tn*tso8 are f•Bpo￿lI1* lor th• oth•r Infomiitlon. Our oplnlon on the InarK4918talgmerrto doe• not cov•r the ot￿r Irrformatfon and we do rK)t expr•# any form of awrnn¢• Cond[￿On Ih8r•on. C*Jr re8pon8tbllty h lo rèad thè tsthèr Infomiallon and, In dolng so, 0)n￿der whgthgr the other Infomi•tlon b rnat•rlally In¢))n8E8t•nt the ffinanclal *alemer180r our knO￿&dge obtalned wi the of the audk or othethg9 appears lo be maleilalty mi86t8lèd. Ilwe Identify such matsrl•l IrKon￿￿ert1e0 or app&r8nt material ml8thtemènts. we are reqltlrtd to d•tomilne wtrtslhgr th1$ g￿e8 r1￿ lo a mat•rfal ml8*rn•nl In iho flna￿lI1 statarnents them8•lve#. 11, bA88d on tho work we have perfomtd, ￿ r￿n￿LKI8 that Ih•re b a materfal ml•8tat•m•nt oflth olh•r informatlon, w• Jr8 requlred to report that fad. We have nothlrwjto rnport InthiB r•gard. TrAattèrs on whlth w• arn r•qulred to rnport byexc•ption h#ve nothlrg to report in rèycl oflhe following matter¥ in relation trs which tho Chgrltles {AccountB Jnd Rewrt$? R•gulallons 2DJ8 r•qulTr uyto rgport to you If. In our OFAnlon'. the Infonnatlon glven In the tru8tee8' reFQrt h IrKon8lsteTrt In ary mtsdal rè8poL* wtth the flnarrial statement4 or FArffictenl accounting rgcords have not been kept., or the fjnarKi81 statgments arg not In apreement wthlhe accounting record$', or we have not ￿eefved all the Informallon andexplanatIo￿ we reqLlre for our audll. 10 EMMALL8 HAfvfflSHIRE INDEPENDENT AUDITOR'S REPORTTOTHE Tru¥fEES QF EMMAUS HAMPSHIRE Re4)¢)nslbllllles of trnstses As oxplaln8d mor• lulty In th• statem•nt of Iruot88s' rèsptsn8lbllttle&. trustee8 (who are alw thè dlrerAor8 of dmrftabte company for the purpos0$ of c(rfllparry law) arg reSpor￿ble for the proparatknn of thg ￿nancIal stal•m•nts and for b•ing satIsf￿d that th8y gwe 8 true and fair view. 8nd for inlemal control as the trustees deternin• h no(yJwry to èrAbh the Pre￿￿tIOn of fina￿181 statemèrts that are free from matwlal miJstat•mant, whether due to fraud or ern¥. In pTrparkng the fironGiJl statements, the tru*ees are r84KSnslble for as$8sBlr¥J th• ¢harKabl8 ¢ompffj'8 atA16ty to tsJntlThJo as • golro concem, diKltxtng, a8gpFIK¥ble, Matte￿ rftlated to golTrJ c4)n¢orn and uslng the golTrJ ¢oncem basis ofacuurrtln9 unl•ss th• tru*fj80 •ither Intond lo IlquW¢ Ih ¢hÈdtablo compory or to c*w operatfjong, or have M mlhtlc attematlve but to do w. Audllor r￿pon￿bIllUfrI kn thè audtt olthe flnanclal thtements W• havo t•on apwlntecl as a￿d￿or undor 80¢tlon 144 of th8 ChAritl61 Act 2011 And mport In attard*r￿ wlth Ad and relwanl rogul&th)ns made or hovlrwJ èffect thweunder. rob18d￿•￿Ire lootknln r•a8orobl8 a88uranc• whoth•rtM flnendal 8tat•ment8 888 vh)le ar• free from matsrfal mle6tatsm•rt, vth•therduo lofrwd orerror, andto 1sts￿ an audnor's r•p)rtthallndude8 tsuropkknn. R￿￿nIb* a￿￿a￿e4 l•a hbh l•vel olagswance, not a gLOMnte• th•1 •n audtt ¢ondwt¢d In ￿1th ISA8 ¥0 shown In tho Slatern•nt of FIMnd•l A¢tlvht•o •1>)v•. The ffigure8 for 'Total Re8ourc48 ExFAJnded' It￿# th) tTh)t Indud• •x￿n￿lurQ on ca¥ltsl tt•wr•. Durkn9 I￿ y¥ar endoej 30 Juno W24 cèpltsl gxp8ndltur• wa8 £44,391 {2023- £21,057) and Ihl• h showi in th• movements In Ikxod ass•ls ￿¢jer nolo 8. Th•r• w•r• no aCquI￿1¢n9 o101￿1 urMl•rtoklng8 durlng thè #cuuntry y•er and all wore claJ8ed a8 contknulng. Th• not•son 18 to 24 fomi p•rt 01th•￿ fin￿￿01 rt&qments. 13 EMMAUS HAPIPSHIRE BALANCE SHEET AS AT Jo JUNE 2024 Note 2024 2023 FIXED ASSETS Tahglble as8ét• 2,683,668 2,695,￿2 CUIIMENfASSErs Debtors 21.296 423,SJ1 Cash at bank and In trAnd 463.818 UAalLITIES Amount8 falllng due YAthln one y•or 1126,643) (1ce,5WI NET CUIIRENT ASSETS 337,175 336,207 LIABILITIES Amounts falllng du¢ aft•r year (22.000} NET A88ET8 3,020,843 3,C￿￿,859 TK FUNOS OF THE CHARrrY RE8TIUCTED FUNDS 10 1,713,109 1,7*,741 UNRESTrICTEO FUNDS O•olgneted fun Cenoral reaerve 12 977.559 330,175 972,044 7,074 1,307,734 I,￿,118 TOTAL CHARITYFUNDS 3,020,843 3.(XJ8.8 For y•ar •nding 30 Jurhi 2W24 tho 0)M￿nY was •nIll￿ lo •x•rytlM from audlt unthr 8•Ctlon 477 of the Compgni48 Act XC6 rnlallng to small componle• but a• th1• company18 a tharty, It Is lo audlt und•r CMrtlle& Act 2011 DIT￿rts r•wMdbllltlw', The rn•mb•r8 hav• not requlred the compiny lo obtaln lnaudt ol ttofinanclal 8t8lem•nl8 for the y•&r In qu•thn In ac¢ordarK vllh 8ectlon 476.. The direelors ackno￿0d9• tholr Tg8P)nsiblNtleg lor comptying wlh th• roqutr•m•nt5 of the Ad vAlh respect to acwunung reo)rts and the preparallon of finanryal glaleThnts. Approved ty tha Tiuè Truste• CoThyany r•glstratlon n b•r.' 037832M The not•5 on pages 16 to 24fomi part ofthesa financlal stat•mttkn. 14 EMMAUS HAMPSHIRE CASH FLOW STATEMENT YEAR ENDED 30 JUNE 2024 CA8H FLOW STATEMENT 2024 2023 Note Yar Year Ca$h Ilows from op•r4llng actl¥ltl•* Net c4sh provlded by operallng octfviti• 35,748 101,113 Cash 110￿ from Inv•sllng actlvlUe• Interesl receNabie 6,081 12,012 (44,3911 Pro¢e•d8 of •al¥ of flxed a$¥ets Purtha8e offlxba I￿•￿ lx.osn (18,1121 Cash Ilows friKn IlnaThang actMIIo$ Rèpaymènt of kyJriowlrrfJs 125,5211 {40,1431 Chang• In cath Ind cegh equ￿￿18ntS In the ygar Cash ond c••h equlvahrth brought forw4rd 118,071) 423,501 Cash and 8qulv•lerts forward 47J,S)1 A RECCINCIUATION OF NET INCOME TO CASH FLOW FROM OPEIIATING AGTMTIE8 N•1 gurplug1(d•llclt) ￿ pèr SOFA Dgw•dallon chi Galn on dIS￿la1 ol fLxed as8•18 Int*rn￿ re¢elvable {IrKrn•¥•} I d￿r+A￿ In d•btor• (D•cr•a•g)I Incr•1￿ In 11.984 49,707 15,7441 10,0811 t36,OV2) 20,974 45,981 41,474 12,945) 31.818 (15,013) ,7 101.113 8 ANALYSIS OF CA￿ AND CASH EIXIIVALENf8 Cash h trond 407,430 4rJ.501 The notes OTr pages 16 to 24 fi)mi part ofthe#• flnanclal •tatements. 15 EMMAUS HAhPStrHRE NOTES TO THE FlhL4MCIAL STATEfvENTS FOR THE YEAR ENDED ￿ JUNE X114 1. ACCOUl+mNG POLICIES f¢Nowing fvcuuntlng pollcles heve been applled con#thr)ty Iri doallng ¥Ath hms whlch ar• eon&ldèred matèrial In relatlon to the financoal statement8. •) Basls of wop•ratlon of fina￿la1 ¥laten*rts Th• flnaKlal •tatom•nt• Df th• charitablo ￿Mpany, whlch l• a publlc t4ngfft 8nllty, havfj ￿fjn pr•piW on • golng ¢1)n￿r￿ ba•f8 and under tho hlgtorfcal ¢￿•t convertion. They compty vAth th• Stat•m•nl of Rgc¢mmènd•d Praclk* (SORPI FRS 101 'Aco)unllng and R•wrtlng by Chlittl￿, l•wed In OGtob•r 2019 tog•th6r b*rth th r•qulr•ment• ol thè FIn•￿Ill Reportlng Standard appllcablg in the UK IFR8 1Q2) Ilwjed In Oaober 20191 and the Compan￿> 2Cth3. Th• trustees cOr￿der that there are no m8lèrl•l uncert•lnUo1 gtrout th& Chartty'$ ablltty to ￿rrtInu4 a6 a wln9 corrt•m nor any nitsnt ai•as of Un￿rtaInty that affoct the carrylng valuè ofalsets held by the c￿rtty. b) Grltl¢al •ccountlng estlrnates and Judgwnents In apF*411on of thè Ch•rty'# acco￿tIng polloles, vthlch are In Ihkn notè, Trugt•e$ arn requlr6d to rnakg ludgamont& 08tlmat68 and a•Èumptlorrt about th• ￿￿Ying Va￿•4 ol IS￿& And liabilllle• that are not Y4adlly ippar•nt from oth•r 0our￿8. The e8tlmale8 and unde￿Y1￿ a68LmPtlon4 arè t•Md on htslorfcal exp0rlen￿ •nd other tsctor8 that •r• conddfrrod relevart. Actual r•8uh may dlffer from th￿• e8thnqte& Th •8Um•t¢$ 8nd undBdylng aBBumptlons ar& revlewed on •n orgolng tasls. Revhlons to accounllng ¢6tlmateM are r•¢ognlaed In th• Po￿0d In Ihts è•llmat• Is r•vh•d K th• r•vWon aff•¢ts only that p•riod, Slgnlflc4nt ai8a8 01 •8tfrm#t• and Ittdg•m•nl In¢lud• th• r•mlnlw uwful Ilfo of a8g•t• and v•luellon of In klnd Th• prlnclpal ￿coUntI￿ wNcl88 idopt•d, and ludJ•ment¥ irè noted b•low. c) Currency The fvnGllonal curronw of the charbty h 6terflrg. dl Incon Income from doMllonB, l•gad•8, *1•4 ￿n9ft ¥r￿ oth•r gour￿1 l• r•coqnl8•d on On ac¢Nlll• t4818 IrKI￿•d tho SOFA wh•n th• Ch￿ty1$ •ntll18d to t￿ Incom•, when r￿1p1 ￿ probablè and whèn11 ¢•n b• m•aBurod r•llabty. Glft• kn klnd are recognl•ed In diifer•nt ￿y8￿￿p•nd0nt on how IW arn used by the choty.. (11 Th04• don4tAd for r68al• produ08 Incorm ￿ th•y 8old. Th•y •r• valued #t th• imount act￿lI1Y r•alh•d. {il) Tro•e dorAted for onward IranwnI•￿0n to k•rnklfyrl•8 ar• Induded In the Statement of Thnoncl•l act1¥￿¢? a• I￿¢￿￿1n9 rI￿ur¢•6 and mK*ur¢a8 exp8r¥Jed when they are dlthbut•d. Tlw aro valued al th• amount the wouKI fAv• had to y lo ocqulyg Ihwm. 1) Th08e donat•d for use ty tho ch•rtty tt8eM aro 5rKluded wh•n reCeIv•￿•. Thoy 4r• valugd at th• anmint th• chaTty VI￿14 ve hod to pay lo acqulre thm. Ilv) Tho cOnt￿bLrtIon of volunteers k fyxdLMled Irom It* SOFA a8 the value of t￿11 contrtbullon lo the Charlty Gjnrscl be rn4sonably quanllfled In flnancl81 tfjm￿. Incornhg re60urces from lax redalm8 Ire IrKluded In the aatemert of fl￿n￿al act￿1￿e¥ •1 the ¥am• Ilm• a8 the gkft to whl¢h Ihey rèlate. Income from charltable a¢tlvttle8 lrtome rtcwlsed as •arned. •) ￿lOCatIOn ol Expenthiure RevoN• and capttal exwndtture bs deè# wth on an ac¢rual basi¥ Indul￿ of Irreo)v•rable VAT, wher• appllc•bl0. Emm8u8 H4mpshlre ￿￿tlY 8ttrlbLrt66 ex￿ndstUr0 In so tsr as Is ￿￿￿18 and on an acuL81 ba818. fjxponded Ltsix'lths are re￿gnISed won a8 there 18 a legal or conthctive obl*fjon cornmitting the charty lo t￿ vAp•nditur•. All experdture ￿ a¢xounted for on an acuual8 basls and has bpen da85ified und¢r hoading8 that a99￿g￿le all ¢03ts rehted lo tho c4tsgory. 18 EMMALKS HAPAISHIRE NOTES TO THE FINANCIAL sTATE￿NTs FOR THE YEAR ENDEIJ 30 JUNE W24 14esourns ￿pend•d (c Co* ofg•neratsnglund C08ts ofgeneratlrvJ fiJrbJ8 arn thè cods a88odated wkh attradlng volunlary incofflo. Charilablo •GIl￿11&S Charflable expttndltu￿ c*mprf8es th088 IrKurred by Il* ehaty In tho déllvèry of tt8 &Ctlv(tl88 8ervlce8 tts b8neficiariti¥. 11 Include¥ both costs that can bg allocalfjd di￿tlY to $u¢h actfvft(es and Iho8e ￿￿tI ol an IndlrKt nalu ct8gary to 8￿￿)rt Ih•rn. Supportcosts Supprt Coth l￿ludè eertral tunclton& ènd havè boan allcthtsd ID acllvty celt catogorl88 on a basls rA)r4l*ert wwh thè u8fr of 8our¢•4 for examph. alltt4llng kYop•rty cods by floor ar•a6, gtsff co•ts by tFm• 4pont otPor colts by th•lr uwè. Gov0mm￿ costs Govefnance t(￿81nClUdts costs olth8 PrnP8r8tton end oxamlnallon of the statutory attounts, the costs oflru*eg m•wtlng6 and the ¢08t olany legal aa41rx lo trLAts•$ on 9ovenwnc• or GorÈ&titL*lonal matte gTr Flx•d As••t• The ￿•t of tarKJt* fixed ass￿9 Indud•8 1hoeeco•ts￿lch are dlrtdty atirfbutable to purchadng th• asg•ts and brlnglng them knto VK*rklro cordttlon. Th• refurblohmgnt c>J8ts and any #b￿￿•t•d capNal exwrdltur• whère wokk provid•8 n•w fadlS11•0 {or£• bro￿h1 Into M)mil r8Or8 and makntènence cog18 8r• taken to fev•nu• In th• y•ar of •xwtyJttur•. D•pr•dallon l• w0v1d￿ at the bllowlng rats8 to writ• off lh• of Emm*￿ H•mp*hlrn'* I￿•d agMt8 ov•r th•lr ••thnat•d elul eo)nomk I1￿- Lea8•hold Property R•patr fI￿P 10% 8tralght IIM t•918 Furntture, FLthresand Equlwmnt, Includlng wmpulèr ¢Jqul￿￿WTrt 33%*lralght Ilne and 25% roduclrg ￿larIc• Motorvèhldel 25% redLthg bJl4nc• Ernffla￿ HIM￿h1r¢,$ ￿pItalISatIOn pollw18to Iran8f•rtothe balance8h•et onty cepltal I•￿￿W￿h aYalu• In •x¢••• of£1,Cp)). hl Fund A¢CO￿￿1n9 Fund8 h•￿ by th are.. Unr85trtcled funds- corrflst¥ ofthe 98n•ral fijnd and any do*nat8d fvnd8. Thè general fund rnpre8ent8 fundg h•ld by t charity thlth can h u¥ed in accffd8ne• vlth tho charttable Obj￿ at t￿ dlxrntlon oflhe trIMtees ond whl¢h have not b￿r¢ dedgngtsd for otr*r purp)￿* Deslgroled furth r8presènt fiJnd8 th8t have been tamiarked ty the Tru8teè8 for wrpo•os and therefor• held Se￿1?1&1Y from g•noral unr•4trfGl•d fiJnd8. R•sfrfc18d fynd$-t￿9• are ftmdg that Can onty be ￿sed for the partkllar re*rl#ed wrpov•s whlch b••n Impov•d dofy)r or whl¢h have been ra180d by thè ehartty for pa￿Cular purwJ8e ITr Flnancial Instn￿entS Tho charity ha8 Tinar￿mI a8aets ar￿lIabIlItIe¥ ola kiTrJ Ihal qualify as basic flnancial instruments. Bask Inthments arè Inmaty WDgn15ed at Iransadlon va￿e aYKI suLwquentty meawJred at amort18ed cost U8irvJ the effecttve wrtere* methcd. Flnandal awls mèawred at atr•)rti#•d ￿61 (XthF￿* of (*ah at bank In hand wlth lrndè and othèr deL*ord exclLtrJItYJ prepayments. Finar*ial liatxlilie8 mèasured at amortl¥ed cost comprHe all ￿editOrS VAcluding deferred income aTrJ t￿ 4nd ￿18[ 8eGurty balar￿5 outstandlng at year end. 17 EMPIAUS HA￿sHIRE ¥)TES TO ThE FINANCIALSTA7EVENTS FOR IHE YEAR ENDED > JUNE 2024 2. COl+llARATIVE FIOURES unr8￿r￿￿ Rti&tricted Funds Funds 2023 Tot*1 Funds 2ty23 IncoTrlrvJ Reswce8 OoMtlon6 Incomlry resou￿• from cl4rltatA8 aCt￿lI1￿m Inve8bnent Income 110,(hJ2 782,147 135,929 782,147 1945 Totsl Incomlng r8wurce• 896W94 26,127 921,011 Re8ourL*s &rended Costs of 9enefallng vol￿tary i￿• Charttable ectfvttJe$ 31,098 791.978 31,COS 51 $64 843,9<2 Total nJBouK*sexpeTra•J 823,076 870,040 NET MOVEMENT IN F￿D8 FOR YEAR 72,018 126,03YI 45,081 INCOME FROM CHARrrABLE ACTIVITIES Unro4trf¢lod R••trl¢tqd Funds Fun Total T¢rt•l 2023 2024 YMr Ywr Year Sqle• of donit•d good8 lTrxm• from houdw & •upp 505,Ee1 330,778 Eth.961 474,590 330,T16 3)7.557 836,737 838,737 782,147 4. INVESTMeNf INCOME Unrnstslct•d Re￿1￿Cted Funds Funds rotal 2024 2023 Y•ar Yur Y•or Year Int#r•* re¢efvabf• 18 eMMAUS HAWSHIRE NOTES TO THE FINANCIAL sTATE￿￿￿rs FOR THE YEAR ENDED 30 JUNE 2024 TOTAL RESOURCES EXPENDED A¢thAtles Supp Total Total dlr•ctly undortak 2023 Exp•ndlthr• on RaI￿ry Funds Fundfal¥ng 21,627 31.(98 Tdal Cost ol RalGlng Furth 21,027 31,(98 Charftabl• Expend5ture Hou8lng & Suppjrt Soolal gnt8rprfÈè 439,563 112,0￿ 551,597 469,254 ),620 104,4184 395,084 374,888 TeA•l Charttatlo Expendture 730,183 216,498 946,681 843,942 Totsl Ruourco8 Expwthd 762,243 2J8,126 990,388 876,040 Thg av•rag• number ol p•ld p•r8ono •n¥loy•d by EmmAUg HamF4hlre durfng the yeor was •• b110￿.. 814ft Numb•rn 2024 2023 Year Yojr The coth oflh•80 8taff w•re aa follovh: 2024 2023 Y￿1 Year Ige) and Sol•rt•s Sochl Swwrfly Pgn•ion8 2e8.o71 24,554 27,ee6 250,380 21,078 18,718 338,291 2W,154 The numtxrofeTrployeetswho w•M paid •alary and emolumenl8 btheen £60,¢￿0- £70,&)O In t￿ yeAf w88 1 <2￿3- 1). The Trustees raCe￿•d no romunfrmiion SJrth•lr sorvtC88 88 Tru81••8 durfng t￿ y¢ar. IIIA*JJ8 HAllp•￿Ill IIDTE4 TO THERNA￿AlK￿lsm￿NT• FOR THIVIAR EIIOED Jo￿Ne 2QI4 TOTfvI RUOUACEI IXPINfiD f¢ryth￿) HOU￿n￿l •wptyn TrA•l •ntsrprfi• 2,170 077 •,J03 11.BB9 27,96D 21.786 21.011 p*wts9•GfUm•ipwlgn •4th ￿￿￿ty FIMnc• & F4dlldl 68,al8 4th1ty 417 CQ,412 129295 21.127 112.034 104.464 ,126 21.414 94,3S2 gS,399 211.1e Y#r Y•Br 1J,e 20 EMMAUS HAf4¥isHIRE NOTES TO The FINANCIAL STATE￿ FOR THE YEAR ENDED 30 JUNE 2D24 8. TANGIBLE FIXED ASSETS Oponing Balance Closlng Addliltsn$ Dl$posals Balance Long te￿￿￿oId and otMr lrt•r•8ts In and b￿ld11 Fwnilum, fixtur￿ and 8qulpmgnt Motor vehlde• 3,331,715 22,184 52,649 3,331.715 28,454 6,270 38,121 136,841) 3,4C6,$48 44,391 136,841) 3,414,C08 D•prKlatlon Op•nlng Charye IOT Bala￿¢ Y•ar DI5p￿all Closlng Bal•nc• Long1•4*•trK)Id and other Intèr￿18 In lorrfl bulldkng• Furrature, I￿r•S and •qulpmgnl Molorvehkl•• 669,007 39,997 5,783 3,927 709,064 41,628 130,574) 14.979 711,296 49,707 I￿,574) 730,429 Not Book Valu• Op•nln 3*l•nc• Cioslng Balance Long 1&a￿￿K)Id and othor Int•ri¥ts In l•nd ind tyJlldkng• FLYnttur•, fixtur￿ and •qulpm•nt Motor v•hkl•8 2,862,848 21,$81 11,023 2,6r2,8S1 2,W,252 2.683.669 7. DEBTORS 2024 2023 C*h•r d•btor8 Pryymènt8 5,611 ),777 14,478 21,296 21 EMPi4US HATrIPSHIRE NOTES TO THE FINANGIAL STATEMENTS FOR THE YEAR ENDEIJ 30 JUNE 2024 CREDITORS lamountsdue within one Iparl 2024 202J Tradè uedbrs 24,901 3,819 35,979 Taxalon and Sod81 Secuflty otrw Cr￿tt0[B 28.978 57.029 Accrual¥ and def•n•tJ irt¢rn• 12S843 108, g. CREDITORS lilllTrg •ft•r ¢)n• yearl 2024 2023 Othei ttèattorg Included In other cr•dAors OB • t41•ne• 01 £22,KQ I￿3 - £48,122} rfjpay4￿ ty IrAtakn•nt8 of £27,000 Induthro Intsre8t per 8nnum. balarK•18 OA due for r•poym¢nt In I￿￿thIn one y•ar. lrt•r8•t l• chorged +)n the loan al 7% wr anNm. 10. RESTRIC7ED FUNDS Balancè 8alanc• 1 July 2023 Re•owc•s Exp•ndliur• Tr4n•f•r* ao Jun* 2024 Bulldlnu Fur*1 Ext¢n•lon Fund Trnlnlng Fund Project 40@￿ {In￿r￿)ratIng Bu1￿1r0 fund 20181 ReFdr Sfrnp 1,253,352 71,525 8,092 315,022 93,750 128,156) (1,2581 1,225,198 70.289 (2,7171 (7,2521 332,305 79,247 (7,251) 1,739,741 20,000 39,381 (1,251 1,713.109 er¥ don4llong ar• r•c8fved forpartlcular ltsm8 tsf ¥AF*ndlkne. wjch 4mvuntB ar• credM•d t¢ Errmaue HamF4hlr•'• r¢*d¢ fund8. Expendrtur• p4ld dlrgdy (xrt ofthe rn1trlct￿ fundo ir• ¥hown under E¥pendrtur•, Bulldlng F￿d Emm4￿ HamFthlr• roCe￿od vartOU8 donatknns that l1ng.fenc￿ fortho congtructkJn oflh• building. In 3J%110 £19),CIJO wa¥ raeelv•d from Wnch•8ter Clty Coundl In th18 rtsyct. Depre¢lAllon18 oharged jgainot thb fiJThJ. Extwslon Fund Emma￿ Hamp8hh r•c•lv•d varfoug donallorts that ￿￿1•r￿•d for tho 8Xtondon of th• bulldlng. Depredallon 18 charged agaln•t thig fuThl. TiaSnlng Fund Emmaus HampBNra roGefv8d varkjus donalions Ih&l wer• dng ferKed lo providv trainlng lor componbnB. 22 EMMAUS HAWPSHIRE NOTES TO THE FINANCIAL STAIEVENTS FOR THE YEAR ENDED 30 JUNE ￿24 project40￿0 Ilncorp)ralirMJ Buildlng fuNI 2018) EFfffiJu8 H*npshir• roc•iv•d vath$ dtsn•tton$ Ihal w&re rfrwj-tsnwd t)r thg developm•nt of addltional aowmmodatlon for mpanlon& Repalr $hop Ernrna￿ Hompthire r¢￿1¥*d Varkn￿ donatlonslhat were rin*f¢n¢¢d for ts dsveh)wn•nt ol a r•pair•W. D•w•GT•tion l• charged agalnstthkg lund and the tran¥fer TrPr￿ents 20ZJ dèpr•olatbn wag proc•wd Ihrwgh th¢ Unr86trf(aed Fund. 11. ANALYSIS OF NET Ass￿ BEfwEEN FUND8 Unr•slrlctad RMlrtct•d Total Fum1• Fund$ FuNI8 21123 2024 2024 T•nglbl& ft<•d 8st•t1 Nel cuTr•nta8e8t8 970,559 1,713,1CQ 2.6&8.868 2.695,252 337,175 337.175 336,X)7 122.PJ))I Long lerm Ilabllttlts Total n•t ass•ts 1,307,734 1,712.1119 3,1120.943 3,OOB,160 12. DESI(JNATED FUNDS Bal*nc• at 048lgnthd 1 July In 2023 utlll•ed Balanc• at 30 June Y••r 2024 Flxed •￿t furKJ 965,044 7,000 5,515 970,559 ITfvnd Total d•$lgnated funds 972,044 Th* ftsed amet fund Npr•8•ntJthe nel book v•lLW of th• tangLblo fi¥ed a81•ts h•ld for charltable purpegs l•ss any rn•td¢l•d fur&l• h•ld for a8•ets. SlrK• Ihls lund r•pr•wnts •xl*ln9 48$0ts It cgnnot be coN•rtod ia81ty Into ¢a8h and If*r¢for• ¢annol t&l to fvr%l olher athll•8. Th& IT fund rgpres•nts money 8et a$lde ty tho Tru*e6towardB the flnorK• of p￿nned malor Improv•rn•rt8to Inft*rmallon and c4mmunloatton sygtem8 to enwjre the ChaTIty'# sy*èm8 remain up to date arKI frt ror purpo80. 13. CONTINGENT UABILMES In the event ofthe WrKhe*r buildkng no k)ng8r ts8lng u8•d by Ernrnul HamF¢hlm forthe charftable puw was corthKtsd A2 5)tlh Llnited have the okrtlon to purthase bwlding 41 ts rnJrf(¢l Yalue. 14. FUTURE COMMTVENTS Emmaus Hampshire onl•red into a 125 year lease on the land In whl¢h the ts)mmunty bulkiirolo Situated on whth a pep￿ffc rent is payable. A2 SoL*h Limtted hold a eo year urKl•rfgaso fr￿thè reddentlal part of the bulldlng lorwhlch no rent Isduo to Emmau8 Hamp8hlro lor the fjjll tèrm of the ￿age. EMMAUS HAhPSHIRE ¥)TES TO THE FINANCIAL STATEVENTS FOR THE YEAR ENOEO 30 JUNE 2024 10. TAXATION STATUS Emmaus Hampshlre ly a reglsterwj charfty and no CoTror8th)n Tax18 payable on tts chamtablè Incom•. Emmius Hampthlrè Its witored for VAT and expendthm i¥ shown eXcI￿1Ve of VAT whoro rgclalmablo, 18. SHARE CAPITAL Emmaus Hwnpshlre hal no •hare cApttal and 1$ Ilmf(•d by guarants•. The Ilabilly of •ach memtr•r In th• ev&rt 018 windlng up. •8 *l•d in th• M•rrDrandum and Artldes of A•soGlglion, Is Ilmrted to £1. 17. COIrnIOLUNG PARTY Emmaus Hampshire 18 controllod by th& Tr￿8& 11. RELATED PARTY IRANSA¢TION8 Dtthng th• y•ar Ihore w•r• tN•t••s exwn••8tot•Mlng £nil12023. £203) loron• tr￿1*¢ duriryj th• wrlod. 24