2025-06-30-accounts

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Charity Registration No. 1077790

Company Registration No. 03785564 (England and Wales)

Emmaus Leeds (A Company Limited By Guarantee) Trustees’ Annual Report and Financial Statements For The Year Ended 30 June 2025

Brown Butler Chartered Accountants Leeds

Emmaus Leeds (A Company Limited By Guarantee)

Legal and Administrative Information

	Trustees	Mark Lister(Chair&Treasurer)	Mark Lister(Chair&Treasurer)
		Simon Croft
		Andrew Smith
		Dr Nicholas Earl
		Anne Chambers
		Mary Ojidu
		John Doran
		Amanda Beresford
		Tracey Jukes
		Peter Hunt (Appointed	4 December 2024)
		Katie Bell (Appointed on 6 December2023) (Resigned4 December2024)
	Senior Staff	Gina Morrison (Executive Lead)
	Secretary	Amanda Beresford
	Charity Number	1077790
	CompanyNumber	03785564
	Registered Office	St Mary's Street
		Leeds
		LS9 7DP
	Auditor	Brown Butler
		Chartered Accountants
		Leigh House
		28-32 St Paul’s Street
		Leeds
		LS1 2JT
:	Bankers	HSBC Bank plc PO Box 105
		33 Park Row
		Leeds
		LS11LD

Emmaus Leeds

(A Company Limited By Guarantee)

	Page
Trustees’ report (including Directors’ report)	1-5
StatementofTrustees’ responsibilities	6
Independentauditor’s report	7-9
Statement offinancial activities	10
Balance sheet	11
Statement ofcash flows	12
Notestothefinancialstatements	13-23

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2025

The Trustees, who are also Directors for the purposes of Company Law, are pleased to present their annual report together with the financial statements of the charity for the year ended 30 June 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102).

The legal and administrative information constitutes part of this report.

Objectives and Activities

Overall Purpose

The charity's overall purpose is to provide individuals, male and female, with a home, companionship and the opportunity to develop improved life and work skills within the security of a self-supporting community with the aim of moving on from homelessness. The Objects defined in our constitution are as follows: -

“The alleviation and relief of poverty, hardship and distress arising therefrom to those in need without distinction by:-

The provision of accommodation or assistance in such provision, for the poor and homeless in the Leeds area and such other places as may seem appropriate from time to time.
The provision of education, training and employment training for such persons with the purpose of developing skills to enable them to gain employment.
The support of the work of other Emmaus communities or other agencies in the relief of poverty and homelessness whether in the United Kingdom or elsewhere in the world and in particular (without limitation) by the exchange of resources, information and expertise with other Emmaus communities worldwide.
The fulfilling of such other purposes as may from time to time be recognised by English Law as being charitable and which the Charity shall from time totime determine.”

When reviewing our aims and objectives and in planning our future activities, the Trustees have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charities Commission. In particular, the Trustees consider how planned activities will contribute to the Aims and Objectives they have set.

The Trustees have paid due regard to guidance issued by the Charities Commission in deciding what activities and Charity should undertake.

Achievements and Performance

| am pleased to report Emmaus Leeds continues to be in good health both as a Community and an Enterprise. The year to 30 June 2025 has seen a number of positive developments both in the trading operations and the running of the Community.

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2025

Throughout the past year Emmaus Leeds has helped 58 previously homeless people by providing them with support, accommodation and a purpose by inviting them to become Companions of the Emmaus Leeds community. We have continued to see a relatively high turnover of companions which is a reflection of the greater challenges facing Companions referred to us. However, this has slowed after the year end resulting in more stability in the Community and we are also seeing more positive outcomes when Companions do leave the Community. Of the 12 individuals who moved on during the year, 7 moved on to other accommodation and4 into full-time employment. There have been5 different training courses offered to Companions anda total of 33 attended those courses. Throughout the year covered by these accounts, occupancy has averaged 65% of our available rooms. As of the time of writing that figure is 60%. The lower occupancy rates during the year are a key area of concern for the Trustees and additional sources of referrals are actively being explored as well as adaptations to our current offering which would make it more attractive to potential Companions.

The biggest developments during the year have been in the provision of move on properties and services with one property sold but replaced by a more suitable property and two apartments kindly donated. As a result we now have 5 external properties in addition to the main St Mary's property, all of which are currently occupied by Companions in various stages of the move-on process. This has been a key development of the strategy pursued by the Trustees in the last few years.

Last year sawa fall of approximately 8% in the trading revenue of the Community, largely due to a dip in trading in the middle of the year. This was offset, however, by a significant increase in donations due to the two property gifts which resulted in an overall surplus for the year of £33,669. Trading stabilised in the last quarter of the year and the social enterprise side of the operations continues to be in a strong position. The Trustees would like to thank both staff and companions for their efforts during the year.

Fundraising Activities

We strive to achieve the highest fundraising standards and we value our supportive funders. We are staying up to date with developments in charity regulation, data protection and the Fundraising Preference Service (FPS) with the help of Emmaus UK to ensure we are legally compliant and adhering to all guidelines. No complaints have been received during the year in connection with fundraising.

Financial Review

The Statement of Financial Activities shows Total Income for the year of £848,805 (2024 £773,623) and a Surplus of £33,669 (2024 Deficit £26,873). The increase in Income was largely due to the donation of two properties, included at a combined value of £120,000 which offset a decline in trading income. Trading income decreased by 8% compared to the prior year. As with most businesses costs have been increasing, particularly with regards to Utilities and Food but these have been well controlled. Staff costs have increased due to annual increases and the filling of vacancies within the staff team. Although a reduction from the prior year the Trustees consider that the main store continues to perform strongly, bolstered by Internet sales and House Clearance income.

The Net Current Assets stood in total at £1,565,584 on 30 June 2025 (2024 £1,535,285). Emmaus Leeds is in a sound financial position and it owns its freehold property in St Mary’s Street, as well as five additional leasehold properties, and it has no significant borrowings.

Principal Funding Sources The total income for the year was £848,805. Enterprise income formed the majority of this at £458,360 (54%) while £235,162 (28%) was Housing Benefit. A further £151,845 (18%) came from Donations and Legacies, including £120,000 of property donations. At 30 June 2025 the Cash Balance stood at £303,462 (2024 £357,823).

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2024

Reserves Policy

Our reserves policy is reviewed each year. Our policy is to hold approximately £160,000 to cover business interruption or exceptional premises maintenance costs. This represents our best estimate of three months’ current operating costs and likely maintenance expenditure. We feel it prudent to add £40,000 to that sum for exceptional winding-up costs, which is shown as a designated reserve. The cash reserves of the Charity at 30 June 2025 were well in excess of the reserves policy figures. The Trustees are currently reviewing this and possible investment including various capital projects and other items of revenue expenditure in line with the main objectives of the Charity.

Volunteers

| am pleased to report that our volunteer numbers have increased since the last report. We hada total of 12 individuals volunteer in the year to 30 June 2025. They gave a total of 3,680 hours of their time. The Trustees, as ever, are immensely grateful for their time, commitment and their overall contribution to the success of the Charity.

Risk management

The Trustees have carried out ongoing assessments of the Charity’s activities, opportunities available to it and the risks to which it is exposed. These risks are identified in the risk register. The Trustees have considered their responsibilities under legislation including health and safety, employment law and safeguarding. Systems and procedures have been implemented to manage specific risks that have been identified, including training for all appropriate persons as necessary. The Trustees are specifically reviewing the likely impact of climate change on our future operations.

Plans for the future

The Trustees have an annual strategy day, alongside key employees. The topics of trading revenue and opportunities; Trustee, volunteer and staff welfare and recruitment and retention as appropriate; and local and central government policies are standing items. Trustees are also looking at property maintenance issues and the vehicle fleet we run as well as its environmental impact.

A key element of recent strategy has been the acquisition of individual residential properties to assist companions to successfully move on from the Community. With the two donated properties and a further acquisition the Charity now has five such properties.

The progress of the proposed Supported Housing (Regulatory Oversight) Act is still being closely monitored. The Act will apply to all forms of Supported Exempt Accommodation and will introduce National Supported Housing Standards and Principles and licensing arrangements, linked to Housing Benefit payments. Consequently it will undoubtedly have implications for Emmaus Leeds and the Trustees continue to closely monitor developments, with the assistance of Emmaus UK and in consultation with Leeds City Council. .

In the longer term the Trustees will continue to look to address its key aim of utilizing the Emmaus model in providing a route out of homelessness in Leeds, whilst ensuring the strong community already built up is not at risk. This will involve the application of any future surplus funds to projects meeting these aims.

Structure, Governance and Management

Governing Document The Charity is a company limited by guarantee, incorporated on 9 June 1999 and registered as a charity. The Company was established under a Memorandum of Association which establishes the objects and powers of the charitable company and is governed under its Articles of Association. The members of the company guarantee to contribute £1 each in the event of a winding up.

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2024

Constitution Under the requirement of the Memorandum and Articles of Association the Trustees are elected to service for a period of three years after which they must be re-elected at the next Annual General Meeting.

The Board recruits new Trustees through a number of routes including personal relationship or recommendation, through the Government agency REACH and private agencies if required. All are required to be familiar with and committed to the work of Emmaus Leeds and receive an induction pack prepared and updated by Emmaus UK detailing both the global and local aspects of the Charity’s work as well as clear guidance as to the responsibilities of a Trustee. This is largely based on the Charities Commission publication “The Essential Trustee”. Thereafter, opportunities are offered for Trustees to engage in specific aspects of relevant training and visits to other communities to share experiences and ideas

Organisational Structure

The Board of Trustees meets quarterly to review activity and is responsible for determining required governance and the setting of strategy. The Trustees also hold annual strategy discussions to set the future programme for Emmaus Leeds. There are currently three sub-committees of the Board: Finance and Business; Human Resources; and Property.

The Executive Lead is charged with the implementation of policy as directed by the Board, through staff and volunteers. The Community Manager and support team are focused on Companion recruitment, wellbeing and onward progression. The Executive Lead is responsible for the building, the business and the staff, supported by a team of managers covering each of these areas.

Management Structure

Gina Morrison, the Executive Lead, has continued to lead the Charity supported by her management team. Whilst there have been some changes of personnel and some small changes to the structure the principle of a second tier of managers reporting to her remains and, in the view of the Trustees is the best way to serve the needs of the Community and the Social Enterprise. There are currently 11 members of staff in total, an increase from 10 in the previous year, as vacancies were filled. The Trustees would like to thank Gina Morrison and her staff for their efforts in ensuring these changes were processed efficiently.

The pay of the staff is reviewed annually and normally increased in line with inflation. Also it is reviewed with reference to management responsibilities. Remuneration is bench-marked with charities of similar size and activities, and the other Emmaus communities. This aims to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles.

External Relationships

Emmaus Leeds is one of 32 Emmaus Communities and Groups within the UK which form the UK Federation as part of the International Emmaus Movement. Emmaus UK provides valuable support in the form of national representation, it is a custodian of good practice, fundraising and guidance particularly for emerging groups. the Chair of Emmaus Leeds, is a member of the Board of Emmaus UK as a Trustee representing the interests of the Communities.

Locally Emmaus Leeds works with a range of referral agencies and charities which are also engaged in the provision of support for the homeless as well as the Furniture Reuse Group which works to enhance this aspect of environmental impact.

Statement of Trustees’ Responsibilities

The Trustees, who are also directors of Emmaus Leeds for the purposes of Company Law, are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice). Company Law requires the Trustees to prepare financial statements for each financial year

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report)

For the year ended 30 June 2024

which give a true and fair view of the state of affairs of the Charity and the incoming resources and application of resources, including the income and expenditure of the charitable company for that year.

In preparing these financial statements the Trustees are required to:-

¢ Select suitable accounting policies and then apply them consistently.
° Observe the methods and principles in the Charities SORP. ° Make judgements and estimates that are reasonable and prudent, and
e Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.

Auditor

In accordance with the company’s articles, a resolution proposing Brown Butler be re-appointed as auditor of the company will be approved at the Annual General Meeting. Disclosure of information to the auditor The Board of Trustees who are Directors for the purpose of company law and Trustees for the purpose of charity law, who served during the year and up to the date of this report, are set out in the Charity Information section of this report in accordance with company law, as the Company's Directors, we certify that :-

¢ So far as we are aware, there is no relevant information of which the company’s auditors are unaware
e As the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The Trustees’ Report was approved by the Board of Trustees.

Mr J M Lister Chair of Trustees Dated: Lt pecen5 Weale Zou

Emmaus Leeds (A Company Limited By Guarantee) Statement of Trustees’ Responsibilities For the year ended 30 June 2025

pg

The Trustees, who are also the directors of Emmaus Leeds for the purpose of company law, are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and. enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Emmaus Leeds ‘ (A Company Limited By Guarantee)

Independent Auditor's Report to the Members of Emmaus Leeds

We have audited the financial statements of Emmaus Leeds (the ‘Charity’) for the year ended 30 June 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

give a true and fair view of the state of the charitable company’s affairs as at 30 June 2025 and of its income resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusion relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Trustees’ Annual Report, other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Continued on next page

Emmaus Leeds (A Company Limited By Guarantee)

Independent Auditor's Report to the Members of Emmaus Leeds

Continued from previous page

Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit:

the information given in the Trustees’ Report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the directors’ report included within the Trustees’ Report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the Trustees’ Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate and proper accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees’ remuneration specified by law are not made.
We have not received all the information and explanations we require for our audit.

Responsibilities of Trustees

As explained more fully in the Statement of Trustees’ responsibilities, the Trustees (who are also the directors of the charitable company for the purpose of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: hittp://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Continued on next page

Emmaus Leeds (A Company Limited By Guarantee)

Independent Auditor's Report to the Members of Emmaus Leeds

Continued from previous page

Capability of the audit in detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to deter material misstatements in respect of irregularities, including fraud. The key laws and regulations we have considered in this context included The Homelessness Reduction Act 2017, Companies Act 2006, the Charities Act 2011, pension and tax legislation together with the Charities SORP FRS102 (2024). In addition, we have considered provisions of other laws and regulations that do not havea direct effect on the financial statements but compliance with which may be fundamental to the charitable company’s ability to operate or to avoid a material penalty. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

e Using our general commercial and sector experience and through discussions with the trustees and other management, we identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements as well as those arising from management's own assessment of the risks that irregularities may occur either as a result of fraud or error.
© We examined the charitable company’s regulatory and legal correspondence and discussed with the trustees and other management any known or suspected instances of fraud or non-compliance with laws and regulations.
e Wecommunicated identified laws and regulations and potential fraud risks of all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
e In addressing the risk of management override of controls, we tested the appropriateness of journal entries. We also challenged assumptions and judgements made by management in their significant accounting estimates and judgements. We also discussed related party relationships and transactions involving them.

There are inherent limitations in the audit procedures described above and the further removed noncompliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Nicola Taylor FCA (Senior Statutory Auditor) Brown Butler Chartered Accountants Leigh House 28-32 St Paul’s Street Leeds LS1 2JT

Emmaus Leeds (A Company Limited By Guarantee)

Statement of Financial Activities including Income and Expenditure Account For the year ended 30 June 2025

		Unrestricted	Restricted
		funds	funds	Total	Total
	Notes	2025	2025	2025	2024
		£	£	£	£
Income from:
Donations and legacies	2	151,845	-	151,845	22,496
Charitable activities:
Grants, fees, contracts	3	235,162	-	235,162	250,440
Trading income Investment income	3	458,360 3,438	- -	458,360 3,438	496,730 3,433
Otherincome		-	-	~	164
Total income		848,805	-	848,805	773,263
Expenditure on: Charitable activities	4	(818,506)	-	(818,506)	(800,136)
Net income/(expenditure) before transfers		30,299	-	30,299	(26,873)
Gross transfers between funds		3,370	(3,370)	-	-
Net income/(expenditure) and netmovement in funds		33,669	(3,370)	30,299	(26,873)
Fund balances at 1 July2024		1,531,915	3,370	1,535,285	1,562,158
Fundbalancesat30June2025		1,565,584	-	1,565,584	1,535,285

The statement of financial activities includes all 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.

The notes on pages 13 to 23 form part of these financial statements.

Emmaus Leeds (A Company Limited By Guarantee) Registered number 03785564 Balance Sheet As at 30 June 2025

		2025		2024
	Notes	£		£
Fixed assets
Tangible assets	8		1,258,368		1,203,876
Current assets
Debtors Cash at bankand in hand	9	40,400 303,462		26,770 357,823
		343,862		384,593
Creditors: amounts falling due
withinoneyear	10	(36,646)		(53,184)
Net current assets			307,216		331,409
Total assets less current liabilities			1,565,584		1,535,285
Funds:	11
Unrestricted funds:
General Designated Designated capital		512,404 40,000 1,013,180		559,358 40,000 932,557
			1,565,584		1,531,915
Restricted funds			-		3,370
			1,565,584		1,535,285

The financial statements, which have been prepared in accordance with the special provisions relating to small companies within Pat 15 of the Companies Act 2006, were approved by the board of Trustees and authorised for issue on‘®.?¢¢=6€49095 and are signed on its behalf by:

Trustee

The notes on pages 13 to 23 form part of these financial statements.

Emmaus Leeds (A Company Limited By Guarantee)

Statement of Cash Flows

For the year ended 30 June 2025

==> picture [475 x 352] intentionally omitted <==

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Cash|generated|from|operations| |Surplus|/|(Deficit)|for the year|30,299|(26,873)| |Adjustments|for:| |Investment income|(3,438)|(3,433)| |Depreciation|57,409|58,631| |Gifted|properties|(120,000)|-| |(Profit)|on|disposal|(51,609)|-| |(Increase)|in|debtors|(13,630)|(1,353)| |(Decrease)|/|Increase|in|creditors|(16,538)|30,554| |(147,806)|84,399| |Cash flows from|operating|activities|(117,507)|57,526| |Investing|activities| |Purchase|of tangible|fixed|assets|(83,292)|(83,030)| |Proceeds from|sale|of tangible|fixed|assets|143,000|-| |Interest|received|3,438|3,433| |Net cash|generated from/ (used|in)|investing|63,146|(79,597)| |activities| |Net (decrease)|in|cash and|cash|equivalents|(54,361)|(22,071)| |Cash|and|cash|equivalents|at beginning|of year|357,823|379,894| |Cash|and|cash|equivalents|at end|of year|303,462|357,823|

----- End of picture text -----

The Charity had no debt during this or the prior year.

The notes on pages 13 to 23 form part of these financial statements.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

1 Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Charity information

Emmaus Leeds is a private company limited by guarantee incorporated in England and Wales. The registered office is St Mary’s Street, Leeds, LS9 7DP.

1.1 Accounting convention The financial statements have been prepared in accordance with 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)” (as amended for accounting periods commencing from 1 January 2024).

The Charity is a Public Benefit Entity as defined by FRS 102.

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 £1.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic climate and its potential impact on the sources of income and planned expenditure. They have a reasonable expectation that adequate financial resources are available to enable the charity to continue in operational existence for at least the next 12 months from the date of approval of the financial statements, and have adequate contingency plans in the event that income streams are reduced. Consequently, the financial statements have therefore been prepared on the basis that the charity is a going concern.

1.3 Critical accounting estimates 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 experience 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 only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The Trustees are of the opinion that there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025 agER a

1 Accounting policies - continued

1.4 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions 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.

In accordance with the Charities SORP (FRS102 revised 2024) fixed assets acquired using restricted incoming resources are classified as unrestricted when this is consistent with their use. The designated capital funds reflect the book value of such assets, which will be reduced over the useful life of the assets in line with their depreciation.

1.5 Income Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts 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 received under Gift Aid is recognised at the time of the donation.

Income from goods donated for sale by the charity are recognised at point of sale. As a result of the high volume of donated goods received by the charity, the cost of recognising these items at fair value on receipt would outweigh the benefit of recognising them in the financial statements.

Legacies are recognised on receipt or otherwise if 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 a contingent asset.

Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

1.6 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure includes attributable VAT which cannot be recovered,

Expenditure is classified under the following activity headings:

e Charitable activity comprises those costs incurred by the charity in the deliverance of its activities and services for its beneficiaries. It includes both costs that can be directly allocated to such activities and those costs of an indirect nature necessary to support them.
e Support costs include those costs which cannot be directly attributed to a particular heading, and include the governance costs of the charity. These are allocated to the relevant activity based on usage and staff time associated with each activity.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements

For the year ended 30 June 2025

1 Accounting policies - continued

1.7 Tangible fixed assets

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 write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold buildings 2% straight line Fixtures and fittings 33% straight line Computers 33% straight line Motor vehicles 25% straight line

Freehold land is not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.8 Impairment of fixed assets At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment 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 Cash and cash equivalents

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.

1.10 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.

If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in net income/(expenditure) for the year.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in net income/(expenditure) for the year.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements

For the year ended 30 June 2025

1 Accounting policies - continued

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the Charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled.

1.11 Taxation
Emmaus Leeds is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising.

1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.14 Leases Rentals payable under operating leases, including any lease incentives received, are charged as an expense ona straight line basis over the term of the relevant lease.

==> picture [455 x 55] intentionally omitted <==

----- Start of picture text -----
2 Donations and legacies 2025 2024
£ £
Donations and legacies 151,845 22,496
----- End of picture text -----

Included in the donations is £120,000 (2024: £Nil) for the donation of two properties.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

Charitable activities
	Grants, fees,	Trading		Grants, fees,	Trading
	contracts 2025	income 2025	Total 2025	contracts 2024	income 2024	Total 2024
	£	£	£	£	£	£
Housing benefit	231,146	-	231,146	243,522	-	243,522
Enterprise income	-	458,360	458,360	-	496,730	496,730
Grant income	4,016	-	4,016	6,918	-	6,918
	235,162	458,360	693,522	250,440	496,730	747,170

Of the total grant income of £4,016 (2024: £6,918), ENil (2024: £4,500) relates to restricted grant income.

4 Charitable activities

Charitable activities	Charitable activities
Community costs 2025		Enterprise costs 2025	Total 2025	Community costs 2024	Enterprise costs 2024	Total 2024
	£	£	£	£	£	£
Staffcosts Otheremployment costs Recruitment	136,640 6,238 -	204,960 4,816 1,972	341,600 11,054 1,972	171,503 4,233 558	130,850 3,230 426	302,353 7,463 984
Small equipmentand tools Marketing and publicity Community costs Volunteerexpenses Vehicle costs	- - 147,974 - -	6,059 5,995 - 798 33,953	6,059 5,995 147,974 798 33,953	- - 137,030 270 -	6,234 2,921 - 211 26,253	6,234 2,921 137,030 481 26,253
Enterprise costs Officeexpenses Premises costs	- - 39,030	17,081 4,270 58,544	17,081 4,270 97,574	- 1,669 45,804	16,682 1,273 51,969	16,682 2,942 97,773
Grant repayment	55,334	-	55,334	-	-	-
	385,216	338,448	723,664	361,067	240,049	601,116
Share ofsupport costs (see note 5)	48,422	36,963	85,385	107,857	82,333	190,190
Share ofgovernance costs (see note 5)	5,363	4,094	9,457	5,007	3,823	8,830
	702,505	116,001	818,506	473,931	326,205	800,136
Analysis offund Unrestricted funds	702,505	116,001	818,506	472,801	326,027	798,828
Restricted funds	-	~	-	1,130	178	1,308
	702,505	116,001	818,506	473,931	326,205	800,136

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements

For the year ended 30 June 2025

5 Support costs

Support costscosts
	Support	Governance
	costs £	costs £	2025 £	2024 £
Legal and professional	~	9,457	9,457	58,553
Depreciation Other running costs	57,409 79,589	- -	57,409 79,589	58,631 73,006
(Profit) /Losson disposal	(51,613)	-	(51,613)	8,830
	85,385	9,457	94,842	199,020

Governance costs includes audit fees of £4,500 (2024: £3,695) and fees for non-audit services of £4,000 (2024: £3,480).

6 Employees

Number of employees

The average monthly number of employees during the year was:

Theaveragemonthlynumberof employeesemployeesduring	theyear was:was:
	2025	2024
	Number	Number
	11	12
Employmentcosts	2025	2024
	E	£
Wages and salaries Social security costs Otherpension costs	307,656 21,594 12,350	322,512 23,585 14,809
	341,600	360,906

There were no employees whose annual remuneration was £60,000 or more (2024: no employees).

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

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7 Comparatives for the Statement of Financial Activities

	Unrestricted funds	Restricted funds	Total
	2024	2024	2024
	£	£	£
Income and endowments from:
Donations and legacies	22,496	~	22,496
Charitable activities:
Grants, fees, contracts Trading income Investment income	245,940 496,730 3,433	4,500 - ~	250,440 496,730 3,433
Otherincome	164	-	164
Total income	768,763	4,500	773,263
Expenditure on: Charitable activities	798,828	1,308	800,136
Net (expenditure)/income beforetransfers	(30,065)	3,192	(26,873)
Gross transfers between funds	-	-	-
Net (expenditure)/income and netmovement infunds	(30,065)	3,192	(26,873)
Fund balances at 1 July2023	1,561,980	178	1,562,158
Fundbalancesat30June2024	1,531,915	3,370	1,535,285

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

eeeoe ee ee ee

Tangiblefixedassets	Freehold buildings	Fixtures andfittings	Computers	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 July2024 Additions Disposals	1,788,504 203,292 (101,175)	138,542 - -	56,810 - -	125,720 - -	2,109,576 203,292 (101,175)
At 30 June 2025	1,890,621	138,542	56,810	125,720	2,211,693
Depreciation At 1 July2024 Charge fortheyear Disposals	639,497 33,525 (9,784)	131,699 3,718 -	56,660 150 -	77,844 20,016 -	905,700 57,409 (9,784)
At30June 2025	663,238	135,417	56,810	97,860	953,325
Net book value
At30 June 2025	1,227,383	3,125	-	27,860	1,258,368
At30 June2024	1,149,007	6,843	150	47,876	1,203,876

Freehold land with an estimated cost of £100,000 (2024: £100,000) is not depreciated.

9 Debtors

9	Debtors
		2025	2024
	Amounts falling duewithin one year:	£	£
	Otherdebtors	10,450	7,989
	Prepayments and accruedincome	29,950	18,781
		40,400	26,770
10	Creditors: amountsfallingduewithinoneyear	2025	2024
		bE	£
	Other creditors	11,443	14,847
	Accruals	25,203	38,337
		36,646	53,184

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

11 Funds

Currentyear	Balance at				Balance at
	1 July2024	Income	Expenditure	Transfers	30 June 2025
	£	£	£	£	£
Unrestricted funds:
General funds	559,358	871,739	(961,440)	42,747	512,404
Designated fund	40,000	-	-	-	40,000
Designated capital funds:
- St Mary’s Street	852,200	~	-	(26,799)	825,401
- IT / Cybertill	111	-	-	(111)	-
- Move-on accommodation	80,246	-	-	(12,067)	68,179
- Gifted properties	-	120,000	-	(400)	119,600
Total unrestricted funds	1,531,915	991,739	(961,440)	3,370	1,565,584
Restricted funds:
Emmaus UK	1,870	-	-	(1,870)	-
Other restricted funds	1,500	-	-	(1,500)	-
Total restricted funds	3,370	-	~	(3,370)	-
Totalfunds	1,535,285	991,739	(961,440)	-	1,565,584

Designated funds:

The opening designated fund of £40,000 had been designated to enable an orderly closure of the charity if operations ever needed to cease.

Designated capital funds reflect the net book value of assets acquired through restricted capital funding.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

==> picture [455 x 287] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |11|Funds|-|continued| |Prior year|Balance|at|Balance|at| |1|July 2023|Income|Expenditure|Transfers|30 June 2024| |£|£|£|£|£| |Unrestricted|funds:| |General|funds|559,932|768,763|(798,828)|29,491|559,358| |Designated fund|40,000|-|-|-|40,000| |Designated|capital|funds:| |-|St|Mary’s|Street|879,000|-|-|(26,800)|852,200| |-|IT|/|Cybertill|1,013|-|-|(902)|111| |-|Move-on|accommodation|82,035|-|-|(1,789)|80,246| |Total|unrestricted|funds|1,561,980|768,763|(798,828)|-|1,531,915| |Restricted|funds:| |Emmaus|UK|-|3,000|(1,130)|-|1,870| |Other|restricted funds|178|1,500|(178)|-|1,500| |Total|restricted|funds|178|4,500|(1,308)|-|3,370| |Total funds|1,562,158|773,263|(800,136)|-|1,535,285|

----- End of picture text -----

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

12 Analysis of net assets between funds

	Unrestricted funds £	Restricted funds £	Total £
Currentyear
Tangible assets
Designated capital funds:
- Move-on accommodation	68,179	-	68,179
- IT / Cybertill	-	-	-
- St Mary’s Street	825,401	-	825,401
- Gifted properties	119,600	-	119,600
General Funds	245,188	-	245,188
	1,258,368	-	1,258,368
Net currentassets / (liabilities)	307,216	-	307,216
	1,565,584	-	1,565,584
Prioryear
Tangible assets
Designated capital funds:
- Move-on accommodation	80,246	-	80,246
- IT / Cybertill	111	-	111
- St Mary’s Street	852,200	-	852,200
General Funds	271,319	-	271,319
	1,203,876		1,203,876
Net current assets/ (liabilities)	328,039	3,370	331,409
	1,531,915	3,370	1,535,285

13 Operating lease commitments

At the reporting end date the Charity had no (2024: £nil) outstanding commitments for future minimum lease payments under non-cancellable operating leases.

14 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows:

Total employee benefits

==> picture [86 x 45] intentionally omitted <==

----- Start of picture text -----
2025 2024
£ ra
64,769 81,328
----- End of picture text -----

None of the Trustees received any remuneration or benefits during the year (2024: none).

There were no other related party transactions in this or the prior year.

Charity Registration No. 1077790

Company Registration No. 03785564 (England and Wales)

Emmaus Leeds (A Company Limited By Guarantee) Trustees’ Annual Report and Financial Statements For The Year Ended 30 June 2025

Brown Butler Chartered Accountants Leeds

Emmaus Leeds (A Company Limited By Guarantee)

Legal and Administrative Information

	Trustees	Mark Lister(Chair&Treasurer)	Mark Lister(Chair&Treasurer)
		Simon Croft
		Andrew Smith
		Dr Nicholas Earl
		Anne Chambers
		Mary Ojidu
		John Doran
		Amanda Beresford
		Tracey Jukes
		Peter Hunt (Appointed	4 December 2024)
		Katie Bell (Appointed on 6 December2023) (Resigned4 December2024)
	Senior Staff	Gina Morrison (Executive Lead)
	Secretary	Amanda Beresford
	Charity Number	1077790
	CompanyNumber	03785564
	Registered Office	St Mary's Street
		Leeds
		LS9 7DP
	Auditor	Brown Butler
		Chartered Accountants
		Leigh House
		28-32 St Paul’s Street
		Leeds
		LS1 2JT
:	Bankers	HSBC Bank plc PO Box 105
		33 Park Row
		Leeds
		LS11LD

Emmaus Leeds

(A Company Limited By Guarantee)

	Page
Trustees’ report (including Directors’ report)	1-5
StatementofTrustees’ responsibilities	6
Independentauditor’s report	7-9
Statement offinancial activities	10
Balance sheet	11
Statement ofcash flows	12
Notestothefinancialstatements	13-23

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2025

The legal and administrative information constitutes part of this report.

Objectives and Activities

Overall Purpose

“The alleviation and relief of poverty, hardship and distress arising therefrom to those in need without distinction by:-

The provision of accommodation or assistance in such provision, for the poor and homeless in the Leeds area and such other places as may seem appropriate from time to time.
The provision of education, training and employment training for such persons with the purpose of developing skills to enable them to gain employment.
The support of the work of other Emmaus communities or other agencies in the relief of poverty and homelessness whether in the United Kingdom or elsewhere in the world and in particular (without limitation) by the exchange of resources, information and expertise with other Emmaus communities worldwide.
The fulfilling of such other purposes as may from time to time be recognised by English Law as being charitable and which the Charity shall from time totime determine.”

The Trustees have paid due regard to guidance issued by the Charities Commission in deciding what activities and Charity should undertake.

Achievements and Performance

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2025

Fundraising Activities

Financial Review

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2024

Reserves Policy

Volunteers

Risk management

Plans for the future

Structure, Governance and Management

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2024

Organisational Structure

Management Structure

External Relationships

Statement of Trustees’ Responsibilities

Emmaus Leeds (A Company Limited By Guarantee)

Trustees’ Report (including Directors’ Report)

For the year ended 30 June 2024

In preparing these financial statements the Trustees are required to:-

¢ Select suitable accounting policies and then apply them consistently.
° Observe the methods and principles in the Charities SORP. ° Make judgements and estimates that are reasonable and prudent, and
e Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.

Auditor

¢ So far as we are aware, there is no relevant information of which the company’s auditors are unaware
e As the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The Trustees’ Report was approved by the Board of Trustees.

Mr J M Lister Chair of Trustees Dated: Lt pecen5 Weale Zou

Emmaus Leeds (A Company Limited By Guarantee) Statement of Trustees’ Responsibilities For the year ended 30 June 2025

pg

In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.

Emmaus Leeds ‘ (A Company Limited By Guarantee)

Independent Auditor's Report to the Members of Emmaus Leeds

In our opinion, the financial statements:

give a true and fair view of the state of the charitable company’s affairs as at 30 June 2025 and of its income resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

Conclusion relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

We have nothing to report in this regard.

Continued on next page

Emmaus Leeds (A Company Limited By Guarantee)

Independent Auditor's Report to the Members of Emmaus Leeds

Continued from previous page

Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit:

the information given in the Trustees’ Report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the directors’ report included within the Trustees’ Report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate and proper accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees’ remuneration specified by law are not made.
We have not received all the information and explanations we require for our audit.

Responsibilities of Trustees

Auditor’s responsibilities for the audit of the financial statements

Continued on next page

Emmaus Leeds (A Company Limited By Guarantee)

Independent Auditor's Report to the Members of Emmaus Leeds

Continued from previous page

Capability of the audit in detecting irregularities, including fraud

e Using our general commercial and sector experience and through discussions with the trustees and other management, we identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements as well as those arising from management's own assessment of the risks that irregularities may occur either as a result of fraud or error.
© We examined the charitable company’s regulatory and legal correspondence and discussed with the trustees and other management any known or suspected instances of fraud or non-compliance with laws and regulations.
e Wecommunicated identified laws and regulations and potential fraud risks of all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
e In addressing the risk of management override of controls, we tested the appropriateness of journal entries. We also challenged assumptions and judgements made by management in their significant accounting estimates and judgements. We also discussed related party relationships and transactions involving them.

Use of our report

Nicola Taylor FCA (Senior Statutory Auditor) Brown Butler Chartered Accountants Leigh House 28-32 St Paul’s Street Leeds LS1 2JT

Emmaus Leeds (A Company Limited By Guarantee)

Statement of Financial Activities including Income and Expenditure Account For the year ended 30 June 2025

		Unrestricted	Restricted
		funds	funds	Total	Total
	Notes	2025	2025	2025	2024
		£	£	£	£
Income from:
Donations and legacies	2	151,845	-	151,845	22,496
Charitable activities:
Grants, fees, contracts	3	235,162	-	235,162	250,440
Trading income Investment income	3	458,360 3,438	- -	458,360 3,438	496,730 3,433
Otherincome		-	-	~	164
Total income		848,805	-	848,805	773,263
Expenditure on: Charitable activities	4	(818,506)	-	(818,506)	(800,136)
Net income/(expenditure) before transfers		30,299	-	30,299	(26,873)
Gross transfers between funds		3,370	(3,370)	-	-
Net income/(expenditure) and netmovement in funds		33,669	(3,370)	30,299	(26,873)
Fund balances at 1 July2024		1,531,915	3,370	1,535,285	1,562,158
Fundbalancesat30June2025		1,565,584	-	1,565,584	1,535,285

The statement of financial activities includes all 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.

The notes on pages 13 to 23 form part of these financial statements.

Emmaus Leeds (A Company Limited By Guarantee) Registered number 03785564 Balance Sheet As at 30 June 2025

		2025		2024
	Notes	£		£
Fixed assets
Tangible assets	8		1,258,368		1,203,876
Current assets
Debtors Cash at bankand in hand	9	40,400 303,462		26,770 357,823
		343,862		384,593
Creditors: amounts falling due
withinoneyear	10	(36,646)		(53,184)
Net current assets			307,216		331,409
Total assets less current liabilities			1,565,584		1,535,285
Funds:	11
Unrestricted funds:
General Designated Designated capital		512,404 40,000 1,013,180		559,358 40,000 932,557
			1,565,584		1,531,915
Restricted funds			-		3,370
			1,565,584		1,535,285

Trustee

The notes on pages 13 to 23 form part of these financial statements.

Emmaus Leeds (A Company Limited By Guarantee)

Statement of Cash Flows

For the year ended 30 June 2025

==> picture [475 x 352] intentionally omitted <==

----- End of picture text -----

The Charity had no debt during this or the prior year.

The notes on pages 13 to 23 form part of these financial statements.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

1 Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Charity information

Emmaus Leeds is a private company limited by guarantee incorporated in England and Wales. The registered office is St Mary’s Street, Leeds, LS9 7DP.

The Charity is a Public Benefit Entity as defined by FRS 102.

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 £1.

1.2 Going concern

The Trustees are of the opinion that there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025 agER a

1 Accounting policies - continued

1.4 Charitable 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 conditions 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.

1.5 Income Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

1.6 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure includes attributable VAT which cannot be recovered,

Expenditure is classified under the following activity headings:

e Charitable activity comprises those costs incurred by the charity in the deliverance of its activities and services for its beneficiaries. It includes both costs that can be directly allocated to such activities and those costs of an indirect nature necessary to support them.
e Support costs include those costs which cannot be directly attributed to a particular heading, and include the governance costs of the charity. These are allocated to the relevant activity based on usage and staff time associated with each activity.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements

For the year ended 30 June 2025

1 Accounting policies - continued

1.7 Tangible fixed assets

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 write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold buildings 2% straight line Fixtures and fittings 33% straight line Computers 33% straight line Motor vehicles 25% straight line

Freehold land is not depreciated.

1.9 Cash and cash equivalents

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.

1.10 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Impairment of financial assets

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements

For the year ended 30 June 2025

1 Accounting policies - continued

Derecognition of financial assets

Basic financial liabilities

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled.

1.11 Taxation
Emmaus Leeds is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising.

1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.14 Leases Rentals payable under operating leases, including any lease incentives received, are charged as an expense ona straight line basis over the term of the relevant lease.

==> picture [455 x 55] intentionally omitted <==

----- Start of picture text -----
2 Donations and legacies 2025 2024
£ £
Donations and legacies 151,845 22,496
----- End of picture text -----

Included in the donations is £120,000 (2024: £Nil) for the donation of two properties.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

Charitable activities
	Grants, fees,	Trading		Grants, fees,	Trading
	contracts 2025	income 2025	Total 2025	contracts 2024	income 2024	Total 2024
	£	£	£	£	£	£
Housing benefit	231,146	-	231,146	243,522	-	243,522
Enterprise income	-	458,360	458,360	-	496,730	496,730
Grant income	4,016	-	4,016	6,918	-	6,918
	235,162	458,360	693,522	250,440	496,730	747,170

Of the total grant income of £4,016 (2024: £6,918), ENil (2024: £4,500) relates to restricted grant income.

4 Charitable activities

Charitable activities	Charitable activities
Community costs 2025		Enterprise costs 2025	Total 2025	Community costs 2024	Enterprise costs 2024	Total 2024
	£	£	£	£	£	£
Staffcosts Otheremployment costs Recruitment	136,640 6,238 -	204,960 4,816 1,972	341,600 11,054 1,972	171,503 4,233 558	130,850 3,230 426	302,353 7,463 984
Small equipmentand tools Marketing and publicity Community costs Volunteerexpenses Vehicle costs	- - 147,974 - -	6,059 5,995 - 798 33,953	6,059 5,995 147,974 798 33,953	- - 137,030 270 -	6,234 2,921 - 211 26,253	6,234 2,921 137,030 481 26,253
Enterprise costs Officeexpenses Premises costs	- - 39,030	17,081 4,270 58,544	17,081 4,270 97,574	- 1,669 45,804	16,682 1,273 51,969	16,682 2,942 97,773
Grant repayment	55,334	-	55,334	-	-	-
	385,216	338,448	723,664	361,067	240,049	601,116
Share ofsupport costs (see note 5)	48,422	36,963	85,385	107,857	82,333	190,190
Share ofgovernance costs (see note 5)	5,363	4,094	9,457	5,007	3,823	8,830
	702,505	116,001	818,506	473,931	326,205	800,136
Analysis offund Unrestricted funds	702,505	116,001	818,506	472,801	326,027	798,828
Restricted funds	-	~	-	1,130	178	1,308
	702,505	116,001	818,506	473,931	326,205	800,136

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements

For the year ended 30 June 2025

5 Support costs

Support costscosts
	Support	Governance
	costs £	costs £	2025 £	2024 £
Legal and professional	~	9,457	9,457	58,553
Depreciation Other running costs	57,409 79,589	- -	57,409 79,589	58,631 73,006
(Profit) /Losson disposal	(51,613)	-	(51,613)	8,830
	85,385	9,457	94,842	199,020

Governance costs includes audit fees of £4,500 (2024: £3,695) and fees for non-audit services of £4,000 (2024: £3,480).

6 Employees

Number of employees

The average monthly number of employees during the year was:

Theaveragemonthlynumberof employeesemployeesduring	theyear was:was:
	2025	2024
	Number	Number
	11	12
Employmentcosts	2025	2024
	E	£
Wages and salaries Social security costs Otherpension costs	307,656 21,594 12,350	322,512 23,585 14,809
	341,600	360,906

There were no employees whose annual remuneration was £60,000 or more (2024: no employees).

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

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7 Comparatives for the Statement of Financial Activities

	Unrestricted funds	Restricted funds	Total
	2024	2024	2024
	£	£	£
Income and endowments from:
Donations and legacies	22,496	~	22,496
Charitable activities:
Grants, fees, contracts Trading income Investment income	245,940 496,730 3,433	4,500 - ~	250,440 496,730 3,433
Otherincome	164	-	164
Total income	768,763	4,500	773,263
Expenditure on: Charitable activities	798,828	1,308	800,136
Net (expenditure)/income beforetransfers	(30,065)	3,192	(26,873)
Gross transfers between funds	-	-	-
Net (expenditure)/income and netmovement infunds	(30,065)	3,192	(26,873)
Fund balances at 1 July2023	1,561,980	178	1,562,158
Fundbalancesat30June2024	1,531,915	3,370	1,535,285

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

eeeoe ee ee ee

Tangiblefixedassets	Freehold buildings	Fixtures andfittings	Computers	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 July2024 Additions Disposals	1,788,504 203,292 (101,175)	138,542 - -	56,810 - -	125,720 - -	2,109,576 203,292 (101,175)
At 30 June 2025	1,890,621	138,542	56,810	125,720	2,211,693
Depreciation At 1 July2024 Charge fortheyear Disposals	639,497 33,525 (9,784)	131,699 3,718 -	56,660 150 -	77,844 20,016 -	905,700 57,409 (9,784)
At30June 2025	663,238	135,417	56,810	97,860	953,325
Net book value
At30 June 2025	1,227,383	3,125	-	27,860	1,258,368
At30 June2024	1,149,007	6,843	150	47,876	1,203,876

Freehold land with an estimated cost of £100,000 (2024: £100,000) is not depreciated.

9 Debtors

9	Debtors
		2025	2024
	Amounts falling duewithin one year:	£	£
	Otherdebtors	10,450	7,989
	Prepayments and accruedincome	29,950	18,781
		40,400	26,770
10	Creditors: amountsfallingduewithinoneyear	2025	2024
		bE	£
	Other creditors	11,443	14,847
	Accruals	25,203	38,337
		36,646	53,184

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

11 Funds

Currentyear	Balance at				Balance at
	1 July2024	Income	Expenditure	Transfers	30 June 2025
	£	£	£	£	£
Unrestricted funds:
General funds	559,358	871,739	(961,440)	42,747	512,404
Designated fund	40,000	-	-	-	40,000
Designated capital funds:
- St Mary’s Street	852,200	~	-	(26,799)	825,401
- IT / Cybertill	111	-	-	(111)	-
- Move-on accommodation	80,246	-	-	(12,067)	68,179
- Gifted properties	-	120,000	-	(400)	119,600
Total unrestricted funds	1,531,915	991,739	(961,440)	3,370	1,565,584
Restricted funds:
Emmaus UK	1,870	-	-	(1,870)	-
Other restricted funds	1,500	-	-	(1,500)	-
Total restricted funds	3,370	-	~	(3,370)	-
Totalfunds	1,535,285	991,739	(961,440)	-	1,565,584

Designated funds:

The opening designated fund of £40,000 had been designated to enable an orderly closure of the charity if operations ever needed to cease.

Designated capital funds reflect the net book value of assets acquired through restricted capital funding.

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

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Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements For the year ended 30 June 2025

12 Analysis of net assets between funds

	Unrestricted funds £	Restricted funds £	Total £
Currentyear
Tangible assets
Designated capital funds:
- Move-on accommodation	68,179	-	68,179
- IT / Cybertill	-	-	-
- St Mary’s Street	825,401	-	825,401
- Gifted properties	119,600	-	119,600
General Funds	245,188	-	245,188
	1,258,368	-	1,258,368
Net currentassets / (liabilities)	307,216	-	307,216
	1,565,584	-	1,565,584
Prioryear
Tangible assets
Designated capital funds:
- Move-on accommodation	80,246	-	80,246
- IT / Cybertill	111	-	111
- St Mary’s Street	852,200	-	852,200
General Funds	271,319	-	271,319
	1,203,876		1,203,876
Net current assets/ (liabilities)	328,039	3,370	331,409
	1,531,915	3,370	1,535,285

13 Operating lease commitments

At the reporting end date the Charity had no (2024: £nil) outstanding commitments for future minimum lease payments under non-cancellable operating leases.

14 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows:

Total employee benefits

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----- Start of picture text -----
2025 2024
£ ra
64,769 81,328
----- End of picture text -----

None of the Trustees received any remuneration or benefits during the year (2024: none).

There were no other related party transactions in this or the prior year.

==> picture [66 x 281] intentionally omitted <==

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Audit Highlights Report for the year ended 30 June 2025

Date of issue: 25 November 2025

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

CONTENTS AND INTRODUCTION

The contacts at Brown Butler in connection with this report are:

CONTENTS with this report are: Nicola Taylor 1 AUDIT SCOPE AND OBJECTIVES Audit Director Tel: 0113 394 0762 2 AUDIT OPINION NicolaTaylor@brownbutler.com 3 MANAGEMENT LETTER 4 SIGNIFICANT AUDIT RISKS AND OTHER PARTICULAR AREAS OF AUDIT FOCUS APPENDICES A1 MATERIAL MISSTATEMENTS A2 UNCORRECTED MISSTATEMENTS A3 AUDIT ADJUSTMENTS A4 INDEPENDENCE A5 MATERIALITY A6 DRAFT REPRESENTATION LETTER

We present our report to the directors of Emmaus Leeds which details the key findings arising from the audit that we believe will be relevant as required by International Standard on Auditing (UK) 260. It forms a key part of our communication strategy with you, a strategy which is designed to promote effective two-way communication throughout the audit process. Its content has been discussed with management. The appendices also include other important information that we are required to communicate to those charged with governance.

As auditors we are responsible for performing our audit in accordance with International Standards on Auditing (UK) which are directed towards forming and expressing an opinion on the financial statements that have been prepared by management with the oversight of those charged with governance. The audit of the financial statements does not relieve management nor those charged with governance of their responsibilities for the preparation of the financial statements.

As the purpose of the audit is for us to express an opinion on the financial statements, you will appreciate that our audit cannot necessarily be expected to disclose all matters that may be of interest to you and, as a result, the matters reported may not be the only ones which exist. As part of our work, we considered internal control relevant to the preparation of the financial statements such that we were able to design appropriate audit procedures. This work was not for the purpose of expressing an opinion on the effectiveness of internal control.

The matters raised in our report, prepared in connection with the audit, are those we believe should be brought to your attention. They do not purport to be a complete record of all matters arising. This report is prepared solely for the use of the Emmaus Leeds and may not be quoted nor copied without our prior written consent. No responsibility to any third party is accepted.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

1. AUDIT SCOPE AND OBJECTIVES

The scope of our work as agreed in our engagement letter dated 1 July 2025 is to carry out an audit in accordance with International Standards on Auditing (UK), and to provide assistance in preparing the financial statements in appropriate statutory format.

Emmaus Leeds is required to prepare financial statements for the year ended 30 June 2025. The charity prepares its financial statements in accordance with Charities SORP applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Our audit scope covers an audit in accordance with International Standards on Auditing (UK) of the statutory financial statements, to form an opinion on whether:

1 The financial statements give a true and fair view of the state of the charities affairs as at 30 June 2025 and deficit for the year then ended.
2 The financial statements have been properly prepared in accordance with Charities SORP and UK and Republic of Ireland (FRS 102).
3 The financial statements have been prepared in accordance with Companies Act 2006.
4 The information given in the Trustees’ Report is consistent with the financial statements.
We are required to make a positive statement that there are no material uncertainties giving rise to the
5 charity not being a going concern for a period of at least twelve months from the date of approval of the financial statements.
6

We give an assessment of the capability of the audit in detecting irregularities, including fraud.

The legislation under which we report also requires us to consider by exception whether:

1 Adequate accounting records have not been kept by the charity, or returns adequate for our audit have not been received from branches not visited by us.
2 The charity’s financial statements are not in agreement with the accounting records and returns.
3 Certain disclosures of trustees’ remuneration specified by law are not made.
4
We have not received all the information and explanations we require for an audit.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

2. AUDIT OPINION

We have substantially completed our audit work in respect of the financial statements for the year ended 30 June 2025 and anticipate issuing an unqualified opinion on the financial statements.

Summary of outcomes

We have completed our audit procedures in accordance with the planned scope and our objectives have been achieved.
There were no significant changes to our planned audit approach nor were any restrictions placed on our work.
No additional significant audit risks were identified during the course of our audit procedures subsequent to our audit planning report to you. We report our findings in the key areas we previously identified in section 4 of our report.

Outstanding matters

The following matters are outstanding at the date of this report.

1 Final assessment of going concern to the date of approval of financial statements, reflecting any post year end developments.

2 Management representation letter, draft as attached in Appendix A6, to be approved and signed.

3 Formal approval and signature of the financial statements on behalf of the board, and our subsequent formal approval and signature of our audit report.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

3. MANAGEMENT LETTER

We are required to report to you, in writing, significant deficiencies in internal control that we have identified during the audit. These matters are limited to those which we have concluded are of sufficient importance to merit being reported to you.

As the purpose of the audit is for us to express an opinion on the charities financial statements, you will appreciate that our audit cannot necessarily be expected to disclose all matters that may be of interest to you and, as a result, the matters reported may not be the only ones which exist. As part of our work, we considered internal control relevant to the preparation of the financial statements such that we were able to design appropriate audit procedures. This work was not for the purpose of expressing an opinion on the effectiveness of internal control.

We have noted the following deficiencies in internal controls, which require strengthening:

During the course of our audit, we noted that there were items posted as exempt for VAT rather than zero rated and visa versa. While there is no VAT adjustment as a result of this, the disclosures made to HMRC on the VAT returns may be incorrect. This may also have an impact on the partial exemption calculation.

We recommend that a check of the VAT treatment per the invoices is made to the entry on to QuickBooks when posting the invoices. A more detailed review will also be undertaken as part of the management account process.

Where we have identified minor accounting or calculation errors, we have discussed these with your finance team and have made reference to them in section 4, but do not consider there to be any matters of sufficient importance to specifically bring these to your attention.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

4. SIGNIFICANT AUDIT RISKS AND OTHER PARTICULAR AREAS OF AUDIT FOCUS

The significant risks and other particular areas of audit focus identified at the planning stage of the audit, as communicated to you in our ‘Audit Approach’ letter of 15 September 2025, are set our below together with an overview of the work undertaken and audit outcome. No additional risks have been identified through our audit procedures.

RISK AND AREA OF WORK WORK UNDERTAKEN AND CONCLUSIONS REACHED	RISK AND AREA OF WORK WORK UNDERTAKEN AND CONCLUSIONS REACHED
Management override of controls	The ISAs presume that a risk of management override of controls is
	present in all entities.
	We respond to this risk by reviewing and testing the appropriateness
	of journal entries recorded in the nominal ledger and other
	adjustments made in the preparation of the financial statements,
	reviewing accounting estimates for possible bias and where
	necessary obtaining an understanding of the business rationale of
	significant transactions outside the normal course of the business.
	We identified no issues in the course of our work which suggest the
	inappropriate management override of controls.
Revenue recognition	The correct recognition of income in line with FR102 was considered
	in detail.
	Our testing of income included detailed transactional testing of a
	sample of sales, fees and donations with comparison of income and
	assessment of sales completeness. We also reviewed cut-off around
	the year end and the recoverability of trade debtors.
	Fees income recognised in Quick-books was confirmed to grant
	funding agreements and to the claims made in the year, calculations
	of fees applied for has also been verified and audited.
	We are satisfied that income has been properly recognised in the
	financial statements. The debtors ledger has also been reviewed.
Compliance with Laws & Regulations	This was identified as an area of particular focus given that the charity
	operates in such a heavily regulated sector.
	We discussed compliance matters with management and
	documented how potential compliance exposure is controlled and
	mitigated within the organisation.
	We read minutes of board meetings in the year, and reviewed legal
	and professional expenditure to identify any potential compliance
	issues.
	We identified no matters of concern in respect of compliance with
	Laws and Regulation in the course of our audit work.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

4. SIGNIFICANT AUDIT RISKS AND OTHER PARTICULAR AREAS OF AUDIT FOCUS continued

RISK AND AREA OF WORK WORK UNDERTAKEN AND CONCLUSION	RISK AND AREA OF WORK WORK UNDERTAKEN AND CONCLUSION
Going concern	Under the revised ISA700 we need to make a positive statement
	within our audit report, rather than just confirming managements’
	assessment, that going concern is appropriate.
	As part of our work, we considered the financial position of the charity
	at the balance sheet date. We reviewed the budget for the
	forthcoming year and the management accounts for the first quarter
	of the year.
	We are satisfied from our work that the financial statements have
	been properly prepared on a going concern basis, with appropriate
	disclosures made in the financial statements.
Charity overheads and controls	Our testing of overheads, invoices and payments, included detailed
	transactional testing, across various charity costs and overheads.
	Our testing included reviewing payment authorisation and
	documentation through to processing within the finance function.
	We are satisfied that the overheads and expenses have been
	recognised within the financial statements to give a true and fair view.
Fixed Assets	We performed a physical verification of assets from the fixed asset
	register (selected on a haphazard sample basis) during our site visit
	in September 2025.
	Reviewed the register for any potential disposals and tested the
	profit on disposal calculation.
	Fixed asset register was cross cast and agreed to the
	management accounts, to make sure they agreed.
	We acquired all title deeds relating to properties held by the charity,
	agreed the new donated properties to the transfer documentation
	and agreed to previously audited financial statements.
Wages & Pensions	We selected five employees at random from payroll information to
	make sure appropriate documentation was being maintained on file.
	We have found appropriate documents on each employee on file and
	historic records as required.
	Payroll summaries were reconciled back to the financial statements.
	Payroll expense bank transfers made to the bureau were checked
	via the bank account to the payroll bureau summaries supplied by
	them.
	Checks on calculations for deductions made for taxation purpose and
	pension contributions, were carried out and found to be correct.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

Bank & Cash Account

We have checked reconciliations of all bank accounts to statements received from the appropriate financial institutions and confirmed reconciliations to the Quick-books software used when the reconciliation process took place - bank accounts have been reconciled on a frequent basis.

Unusual bank transactions checked to appropriate documentation.

brownbutler.com

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APPENDICES

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A1. MATERIAL MISSTATEMENTS

We are required to bring to your attention details of all material misstatements, whether caused by fraud or error, and ensure these are corrected in the final financial statements.

We confirm that no material misstatements were identified during the course of our audit work. We did however make the following adjustments as part of the preparation of the financial statements:

A2. UNCORRECTED MISSTATEMENTS

We are required to bring to your attention details of all uncorrected errors, other than those considered as clearly trivial, and obtain your explanations for not adjusting for these items within the financial statements.

There were no uncorrected misstatements and any other misstatements identified during the course of our audit work have been trivial in nature, and that we therefore consider there to be no further items to bring to your attention.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A3. ADJUSTED ITEMS IN PREPARATION OF FINANCIAL STATEMENTS

Nature of misstatement & circumstances of its occurrence	P&L	B/S
	effect	effect
Being overstatement of insurance prepayments
Prepayments		2,885
Insurance	2,885
Being understatement of audit accrual
Accruals		(1,000)
Audit & Accountancy	(1,000)
Being adjustment for post year end invoices
Accruals		(10,248)
Small equipment & tools	(25)
Training - Companions	(59)
Room maintenance	(2,594)
Subscriptions	(47)
Bank Charges & interest	(493)
Postage	(573)
Electricity	(2,305)
Gas	(4,152)
Net impact	(8,363)	(8,363)

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A4. INDEPENDENCE

Under Auditing and Ethical Standards, we are required as auditors to confirm our independence to ‘those charged with governance’. In our opinion, and as confirmed by you, we consider that for these purposes it is appropriate to designate the board of trustees as those charged with governance.

Our internal procedures are designed to ensure that all trustees and professional staff are aware of relationships that may be considered to bear on our objectivity and independence as auditors. The principal statements of policies are set out in our firm guidance. In addition, we have embedded the requirements of the Standards in our methodologies, tools and internal training programmes.

The procedures require that audit engagement directors are made aware of any matters which may reasonably be thought to bear on the firm’s independence and the objectivity of the audit engagement director and the audit staff. This document considers such matters in the context of our audit for the year ended 30 June 2025.

We have assisted management in the preparation of the statutory financial statements, which have been prepared on the basis of the management accounts and information required to complete the notes to the accounts which were prepared by the Emmaus Leeds management team. We consider this non-audit service to be purely of a technical and mechanical nature, not involving the exercise of judgement, and with all relevant matters discussed and agreed by management.

We have been engaged previously to provide VAT advice to the charity, however we have assessed there is no potential threat to our independence arising from the level of fees charged for non-audit services.

We confirm that the firm complies with the Financial Reporting Council’s Ethical Standards for Auditors and, in our professional judgement, is independent and objective within the meaning of those Standards.

In our professional judgement the policies and safeguards in place ensure that we are independent within the meanings of all regulatory and professional requirements and that the objectivity of the audit engagement director and audit staff is not impaired.

Should you have any comments or queries regarding this confirmation we would welcome their discussion in more detail.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A5. MATERIALITY

We set out below the levels of materiality that we have set for the purposes of our audit:

ENTITY	BASIS OF
	CALCULATION			CLEARLY
	FOR FINANCIAL	OVERALL	PERFORMANCE	PERFORMANCE TRIVIAL
	STATEMENT	MATERIALITY	MATERIALITY MATERIALITY	THRESHOLD
	MATERIALITY	£	£	£
Emmaus Leeds	Income	17,000	12,750	850

The materiality levels were set at the planning stage and no change to materiality levels was considered to be necessary for the purposes of our audit.

CONCEPT AND DEFINITION

The concept of materiality is fundamental to the preparation of the financial statements and the audit process and applies not only to monetary misstatements but also to disclosure requirements and adherence to appropriate accounting principles and statutory requirements.
International Standard on Auditing (UK) 320 ‘Audit Materiality’ addresses the concept of materiality and explains it as ‘misstatements, including omissions that could influence the economic decisions of users taken on the basis of the financial statements. Materiality depends on the size of the item or error judged in the particular circumstances of its own omission or misstatement. Materiality provides a threshold or benchmark against which any errors or differences of opinion between management and ourselves can be evaluated.’
It is important to understand that an item may be considered material for reasons other than size, if for example, it had an impact on:
Narrative disclosure e.g. accounting policies, going concern.
Compliance with loan covenants.
Instances when greater precision is required (e.g. trustee’ emoluments).
Materiality for Emmaus Leeds has been set on the basis of income, as this is considered the most appropriate indicator for a performance to meet the needs of the charity.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A5. MATERIALITY continued

CALCULATION AND DETERMINATION

We have determined materiality based on professional judgement in the context of our knowledge of the charity, and reporting requirements for the financial statements.
We determine materiality in order to:
Assist in establishing the scope of our audit engagement and audit tests.
Calculate sample sizes.
Assist in evaluating the effect of known and likely misstatements on the group financial statements.
Performance materiality is calculated as a percentage of overall materiality and is used to calculate our sample sizes to enable any material misstatements to be more easily identified. The usual percentages applied are between 75% (low risk) to 50% (high risk).

We have considered 75% of overall materiality to be an appropriate level of performance materiality on the basis of our initial risk assessment.

REASSESSMENT OF MATERIALITY

We reconsider materiality, during the course of our audit engagement if we become aware of facts and circumstances that caused us to make a different determination of planning materiality.
Further, when we have performed all our tests and are ready to evaluate the results of those tests (including any misstatements we detected) we will consider whether materially combined with the nature, timing and extent of our auditing procedures, provided a sufficient audit scope. If we conclude that our audit scope was sufficient, we will use materiality to evaluate whether uncorrected misstatements (individually or in aggregate) are material.

‘CLEARLY TRIVIAL’ AND UNADJUSTED ERRORS

In accordance with auditing standards, we will communicate to board all uncorrected misstatements identified during our audit, other than those which we believe are ‘clearly trivial’.
Clearly trivial is defined as matters which will be of a wholly different (smaller) order by magnitude than the materiality thresholds used in the audit, and will be matters that are clearly inconsequential, whether taken individually or in aggregate. We have set this level at 5% of total materiality.
There are a number of areas where we would strongly recommend/request any misstatements identified during the audit process being adjusted. These include:
Clear cut errors whose correction would cause non-compliance with loan covenants, management compensation agreements, other contractual obligations or governmental regulations that we consider are significant.
Other misstatements that we believe are material or clearly wrong.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A6. DRAFT REPRESENTATION LETTER

Dear Sirs

LETTER OF REPRESENTATION FOR THE YEAR ENDED 30 JUNE 2025

This representation letter is provided in connection with your statutory audit of the financial statements of Emmaus Leeds (the charitable company) for the year ended 30 June 2025 for the purpose of expressing an opinion as to whether the financial statements give a true and fair view of the results and financial position of the charitable company in accordance with the Companies Act 2006, the Charities Act 2011 and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Financial Statements

We have fulfilled our responsibilities as directors/trustees under your engagement letter dated 1 July 2025, under the Companies Act 2006 and the Charities Act 2011 for preparing financial statements in accordance with the Companies Act 2006 and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) which give a true and fair view of the financial position of the charity as at 30 June 2025 and of the results of its operation for the year then ended and for making accurate representations to you.
Significant assumptions used by us in making accounting estimates, including those measured at fair value, are reasonable.
There are no plans or intentions that may materially alter the carrying value and where relevant the fair value measurements or classification of assets and liabilities reflected in the financial statements.
We have disclosed all known actual or possible litigation and claims whose effects should be considered when preparing the financial statements and these have been disclosed in accordance with the requirements of accounting standards.
Related party relationships and transactions have been appropriately accounted for and disclosed in accordance with accounting standards.
All events since the balance sheet date which require disclosure or which would materially affect the amounts in the financial statements have been adjusted or disclosed in the financial statements.
We confirm the adjustments made to the financial statements during the audit as set out in A3 of the highlights report and appendix A of this letter.
We confirm the financial statements are free of material misstatements, including omissions. We are not aware of any non-trivial uncorrected misstatements identified during the year.
We confirm that, having considered our expectations and intentions for at least the next twelve months, and the availability of working capital, the charity is a going concern. We confirm that the disclosures in the accounting policies are an accurate reflection of the reasons for our consideration that the financial statements should be drawn up on a going concern basis.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A6. DRAFT REPRESENTATION LETTER continued

Information Provided

All accounting records and relevant information have been made available to you for the purpose of your audit. We have provided to you all other information requested and given unrestricted access to persons within the entity from whom you have deemed it necessary to request information. All other records and related information, including minutes of all management and shareholders meetings, have been made available to you.
All transactions undertaken by the charity have been properly reflected in the accounting records and are reflected in the financial statements.
We acknowledge responsibility for the design, implementation and maintenance of controls to prevent and detect fraud. We have disclosed to you the results of our assessment of the risk that the financial statements may be materially misstated as a result of fraud.
We have disclosed to you all information in relation to fraud or suspected fraud that we are aware of and that affects the entity and involves management, employees who have a significant role in internal control, or others, where fraud could have a material effect on the financial statements.
We have disclosed to you all information in relation to allegations of fraud, or suspected fraud affecting the entity’s financial statements communicated by employees, former employees, analysts, regulators or others.
We confirm that we are not aware of any possible or actual instance of non-compliance with those laws and regulations which provide a legal framework within which the company conducts its business and which could affect the financial statements. The company has complied with all aspects of contractual agreements that could have a material effect on the financial statements in the event of non-compliance.
We confirm that we have disclosed to you the identity of the entity’s related parties and all related party relationships and transactions relevant to the company that we are aware of.
The company has satisfactory title to all assets, and there are no liens or encumbrances on the assets except for those disclosed in the financial statements.
There are no liabilities, contingent liabilities or guarantees to third parties other than those disclosed in the financial statements.
The charity has at no time during the year entered into any agreement, transaction or agreement to provide credit facilities (including loans, quasi loans or credit transactions) for trustees, nor to guarantee or provide security for such matters, except as disclosed in the financial statements.
We acknowledge our legal responsibilities regarding disclosure of information to you as auditors and confirm that so far as we aware, there is no relevant audit information needed by you in connection with preparing your audit report of which you are unaware. We have taken all the steps that we ought to have taken as trustees in order to make ourself aware of any relevant audit information and to establish that you are aware of that information.

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A6. DRAFT REPRESENTATION LETTER continued

We confirm to the best of our knowledge and belief that the above representations are made on the basis of enquiries of management and staff with relevant knowledge and experience and, where appropriate, of inspection of supporting documentation sufficient to satisfy ourself that we can properly make each of the above representations to you.

Yours faithfully

…………………………………………. Trustee

Date:……………………………………

Charity names: Emmaus Leeds Charity number 1077790 Registered offices St Mary’s Street Leeds LS9 7DP

brownbutler.com

Year ended 30 June 2025

Emmaus Leeds

Audit Highlights Report

A6. DRAFT REPRESENTATION LETTER continued

Appendix A

Deficit/Surplus Reconciliation	£
Surplus per Management Accounts	38,660
Movement in accruals	(11,246)
Movement in prepayments	2,885
Deficit per Statutory Financial Statements	30,299

brownbutler.com

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The matters raised in our report prepared in connection with the audit are those we believe should be brought to your attention. They do not purport to be a complete record of all matters arising. This report is prepared solely for the use of the association and may not be quoted nor copied without our prior written consent. No responsibility to any third party is accepted.

Brown Butler Limited is a corporate entity.

Legal and Administrative Information

Emmaus Leeds

(A Company Limited By Guarantee)

Contents

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2025

Objectives and Activities

Overall Purpose

Achievements and Performance

Fundraising Activities

Financial Review

Reserves Policy

Volunteers

Risk management

Plans for the future

Structure, Governance and Management

Organisational Structure

Management Structure

External Relationships

Statement of Trustees’ Responsibilities

Trustees’ Report (including Directors’ Report)

For the year ended 30 June 2024

In preparing these financial statements the Trustees are required to:-

Auditor

Small Company Rules

pg

Independent Auditor's Report to the Members of Emmaus Leeds

In our opinion, the financial statements:

Basis for opinion

Conclusion relating to going concern

Other information

Independent Auditor's Report to the Members of Emmaus Leeds

Continued from previous page

Matters on which we are required to report by exception

Responsibilities of Trustees

Auditor’s responsibilities for the audit of the financial statements

Continued on next page

Independent Auditor's Report to the Members of Emmaus Leeds

Continued from previous page

Capability of the audit in detecting irregularities, including fraud

Use of our report

Emmaus Leeds (A Company Limited By Guarantee)

Statement of Cash Flows

For the year ended 30 June 2025

Charity information

The Charity is a Public Benefit Entity as defined by FRS 102.

1.2 Going concern

1.6 Expenditure

Emmaus Leeds (A Company Limited By Guarantee)

Notes to the Financial Statements

1 Accounting policies - continued

1.7 Tangible fixed assets

Freehold land is not depreciated.

1.9 Cash and cash equivalents

1.10 Financial instruments

Basic financial assets

Impairment of financial assets

Derecognition of financial assets

Basic financial liabilities

Derecognition of financial liabilities

1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Notes to the Financial Statements

5 Support costs

6 Employees

Number of employees

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7 Comparatives for the Statement of Financial Activities

9 Debtors

11 Funds

Designated funds:

12 Analysis of net assets between funds

13 Operating lease commitments

14 Related party transactions

Total employee benefits

Legal and Administrative Information

Emmaus Leeds

(A Company Limited By Guarantee)

Contents

Trustees’ Report (including Directors’ Report) For the year ended 30 June 2025

Objectives and Activities