Charity registration number 1080391
Company registration number 03924322 (England and Wales)
EMMAUS BOLTON
ANNUAL REPORT
AND UNAUDITED FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 30 JUNE 2024

EMMAUS BOLTON
LEGALAND ADMINISTRATIVE INFORMATION
Trustses
Mrs J Blunsdon
Mr J R Webbe
Mr D Gornall
Mr G H Almond
Mr C Kelly
Mrs C A Whewell
Mrs C Seaborn
(Appointed 10 Augusl 2023)
(Appointed 1 February 2024)
Chlef Executive Officer
Mr A Stephenson
Charlty number
1080391
Company number
03924322
Registered office
Derby Barracks
Fletcher Street
Botton
BL3 6NF

EMMAUS BOLTON
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent examinerfs report
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial ststements
9-20

EMMAUS BOLTON
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
The trustees present their annual report and financial statements for the year ended 30 June 2024.
The financial statemenls have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's Memorandum and Articles of Association, Ihe Companies Act
2006 and "Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charitiès
preparing their accounls in accordance with the Financial Reporting Slandard applicable in the UK and Republic
of Ireland (FRS 102} (effective 1 January 20191"
Objectives and activities
The principal objective of the Charity is the advancement of alleviation and relief of poverty, hardship and
distress to Ihose in need.
Emmaus exisls to provide homeless people (known in Emmaus as 'Companions") with an opportunity lo
participale in the social enterprise on site, gain new qualifications, a￿0MmOdation and the chance to regain their
self-respect and to pursue their lives in the community or in Ihe outside world.
The truslees are satisfied that in carrying out its activities Emmaus Bolton is providing a clear public benefit and
is meeting its objectives.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activilies the
charity should undertake.
Achievements and perfomiance
This has been a year of change for Emmaus Bolton, with long-serving Chair, Roger Speare, stepping down in
March and incoming Chair, Chantelle Seaborn taking the helm in April. Grateful thanks are e*(ended to Roger for
his service, support, and dedicalion to Emmaus Bollon and the Emmaus movemenl over many years.
We were pleased thal companion numbers were fairly stable during the year, and satisfaction levels high with the
accommodation and support provided at Emmaus Bolton.
Volunteer numbers increased to 32 duryng the year, many volunteering regularly, again wilh high satisfaction
levels evident in our 2024 survey.
Lucie's Pantry was run by companions and volunteers, providing vital ffee-of-charge food for up to 3400 local
people in these difficult times as many struggle Ihrough the cost of living crisis. The café and retail outlets
continue to attract visitors to our sile, encouraged by the warm welcome from companions, volunteers and staff
alike.
It was also a year that saw us achieve increased sales revenue of 11 % to a new record of £436,882, and
successfully raise £300.000+ funding to replace and repair our ageing roof, which had resulted in numerous
leaks and water damage to the building over the last couple of years. July saw the start of works on site, to the
relief of staff, companions and volunteersl We are very gratefLtI to the donors who enabled thi5 essential work lo
take place, not only protecting the building's fabric. companion rooms and meeting rooms. but increasing the roof
insulation making the place noticeably warmer.
Following this Iriumph, we made a successful application for funding for Solar Panels which will reduce both our
carbon footprint and energy bills in the future.
We Continue to enjoy playing a role in the wider world of Emmaus, proactive in our support for the Emmaus North
West Partnership and involvement in the National Federation of Emmaus.

EMMAUS BOLTON
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Financial review
The results of the individual charity's activities are shown in the Statement of Financial Acttvities on page 7 of the
accounts, showing net expenditure of £80,089 across all funds. However, taking into acwunt the surplus for that
year of its operating subsidiary. Ecostore Limited, the consolidated net expenditure for the group was much
lower, at £19,300 across all funds. The consolidated total fvnds of the group at year end were just over £568,000.
The reserves poliw is under regular review as the activities of the charity develop and the scale of the operation
grows. The aim is to build up sufficient free rese￿eS to cover 3 to 6 months of operating costs, in the unlikely
event that our income streams should cease. At the year end the consolidated free reserves of the charity and its
operating subsidiary stood at £119,421. Although this remains below target, we are ￿nfident that the charity can
achieve a level of free reserves within the target range over the next few years.
Our funding comes from a variety of sources including accommodation charges, sales of donated goods, grants
and donations from other charities.
Under the Memorandum and Articles of Association, the charity has the power to invest in any way the trustees
wish. The trustees, hawng regard to liquidity requirements of the charity and to the reserves policy, have
operated a policy of keeping available funds in an interest bearing deposit aGwunt with the aim to achieve a rate
of deposit interest which at least matches or exceeds inflation.
The trustees assess on an ongoing basis the major risks to which the charity is exposed, and are satisfied that
systems are in place to mitigate exposure to the major risks. Such systems include Risk Shield, which went live
towards the end of the financial year. Also. the Finance Sub-Group looks at issues specifically relating to our
business and propety, meeting regularly and reporting to the full Board. The state of our ageing roof system was
identified as a major risk and work on repairing and renewing it was begun after the year end (see
'Achievements and performance.).
The future
Facilitated by the incoming Chair, the trustees held a Strategy Day in June 2024 to stsrt to set out our priorities
for the future, infomied by SU￿eY$ of wmpanions, volunteers, staff and tnjstees. Survey results were upbeat and
on the whole consistent across the groups surveyed, with companions feeling safe and supported, volunteers
positive aboLrt companion and communrty involvement, staff and trustees confident about our support for
Companions and in how the business is run.
This day helped us to stsrt to form a vision for the fvture. towards which we have made some progress bLrt have
more to do. Our actions will focus on regular communications- getting more involved in the wider Bolton area-
providing training and personal development opportunities for all. supporting companion move on options;
maintaining our buildings and improwng their 'kerb appeal,. Trustees recruitment and training will be a priority,
with the aim of diversifying the board to be more representative of the local communty. and attract new trustees
with different skills that will stand us in good stead for the future.
We also need to increase our reserves which took a hit during the Covid-19 pandemic when we had to close our
doors, trustees will be working with stsff to maximise income and reduce outgoings to achieve this. As we look
forward to the future, we also look back with pride at our considerable achievements in the last financial year.
Thanks go to our companions. volunteers and staff for their commitment without whi¢h this would not have been
possible.

EMMAUS BOLTON
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Structure, governance and management
Emmaus Bolton is a registered charity and a company limited by guarantee and is governed by its Memorandum
and Arti¢les of Association.
As a registered charity Ihe company is non-profit-making and its directors and Iruslees are volunteers.
The company has been incorporated without share capital and it is limited by guarantee, to a maximum £1 each,
payable by its members. The Memorandum and Articles of Association prohibil distribulion of any surpluses
other than lo Emmaus UK.
The company has a wholly owned SLtbsidiary, Ecostore Limtted, which is in¢orporated in England and Wales.
The subsidiary operates commercial activilies relaled lo the charity and any profrt will be gifted to the parent
company.
The trustees, who are also the direclors for the purpose of company law. and who served during the year and up
to the date of signature of the financial statements were..
Mr R L Speare
(Resigned 31 July 2024)
Mr P M Glanvill
(Resigned 1 October 2024)
Mrs J Blunsdon
Ms N Richardson
Mr J R Webbe
Mr D Gornall
Mr G H Almond
Mr C Kelly
Mrs C Awhewell
Mrs C Seaborn
Mrs S J Green
(Resigned 31 December 2024}
(Appointed 10 August 2023)
(Appointed 1 February 2024)
(Appointed 25 January 2024 and resigned 31 December 2024)
The trustees are appointed by the members of the organisation at the Annual General Meeting. Directorsl
trustees have the power under the governing documents lo co-opt individuals who support the objects of Ihe
organisation to fill vacancies on the Board of Management.
As part of their induction, new trustees are provided with information about the charity, the management
structure, its history and working practices. In addition, they are also provided wilh copies of the Memorandum
and Articles of Association plus information from the Charity Commission and Companies House regarding the
duties and responsibilities of directors and trustees.
This is a local charity which is a member of Emmaus International, a worldwide organisation with over 350
communities, 30 ofwhich are in the UK.
Day to day management responsibilily rests wilh the management team, led by our CEO, Tony Stephenson.
which reports to the Board of Trustees. The Board of Trustees meets on a regular basis.
The truslees, report was approved by the Board of Trustees.
Chantelle Seaborn
Mrs C Seabom
Truslee
Dated.. 23 January 2025

EMMAUS BOLTON
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF EMMAUS BOLTON
I report to the trustees on my examination of the financial ststements of Emmaus Bolton (the charity) for the
year ended 30 June 2024.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for
the preparation of the financial statements in accordance with the requirements of the Companies Act 2006
(the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audtted under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the
charity's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carying
out my examinalion I have followed all the applicable Directions givèn by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examinerfs statement
Since the charity's gross income ex￿eded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of ICAEW, which is one of the listed bodies.
I have cornpleted my examination. I confim that no matters have come to my attention in connection with the
examination gNing me cause to believe that in any material respect=
accounting records were not kept in resped of the charity as required by section 386 of the 2006 Act. or
the financial statements do not accord with those records., or
the financial ststements do not comply with the accounting requirements of sedion 396 of the 2006 Act
other than any requirement that the accounts give a true and fair view which is not a matter Considered as
part of an independent examination., or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard appli(2ble in the UK and
Republic of Ireland (FRS 102).
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial statements to
be reached.
David Kay FCA
Barlow Andrews LLP
Chartered Accountants
Carlyle House, 78 Chorley New Road. Bolton
Dated: 23 January 2025

EMMAUS BOLTON
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 30 JUNE 2024
The trustees, who are also the directors of Emmaus Bolton for the purpose of company law, are responsible for
preparing the Trustees, Report and the finanoial 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.,
stale whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in Ihe financial statements., and
prepare the financial slalements 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 accoLtnting records Ihat disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure thal the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assels of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

EMMAUS BOLTON
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted Restrictsd
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and legacies
Charitable a¢tivities
Investments
75,457
509,762
6,607
52,870
128,327
509,762
6,607
104,032
464,121
1,874
70,001
174,033
464,121
1,874
Total income
591,826
52,870
644,696
570,027
70,001
640,028
enditure on:
Costs of raising funds
325,579
27,570
353.149
301,221
5,741
306,962
Costs of charitable
activities
371,636
371,636
314,952
24,251
339,203
Totsl expenditure
697,215
27,570
724,785
616,173
29,992
646.165
Net (outgoing)fincoming
resources before transfers
{105,389}
25,300
(80,089)
(46,146)
40,009
{6,13n
Gross transfers between
funds
34,147
(34,147)
Net movement in funds
(105,389)
25,300
(80,089)
(11,999)
5,862
(6,137)
Fund balan￿S at 1 July 2023
508,702
50,000
558,702
520,701
44.138
564,839
Fund balances at 30 June
2024
403,313
75,300
478,613
508,702
50,000
558,702
The ststement of finanual a¢tivities indudes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
The statement of financial activities also ¢omplies with the requirements for an income and expenditure account
under the Companies Act 2006.
The figures shown above are those of the charity as an individual entty. However, it also has an operating
subsidiary which had a profit for the year. The consolidated net expenditure ofthe 2 entities as a group was £19.300
for the year across all fvnds.

EMMAUS BOLTON
BALANCE SHEET
AS AT 30 JUNE 2024
2024
2023
Notes
Flxed assets
Tangible assets
Investments
10
11
373,445
422,389
373,447
422,391
Current assets
Slocks
Debtors
Cash at bank and in hand
12
13
19,723
23,719
205,706
14,080
60,495
132,455
249,148
207,030
Creditors: amounts falling due within
one year
14
1143,982}
(70.719)
Net current assets
105.166
136,311
Total assets less Current liabilities
478,613
558,702
Income funds
Restricled funds
Unrestricted funds
15
75,300
403,313
50,000
508,702
478,613
558,702
The company is entitled to the exemplion from the audit requirement contained in section 477 of the Companies Act
2006, forthe year ended 30 June 2024.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with
respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question
in accordance with seclion 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial slatemenls were approved by the Trustees on 23 January 2025
Chantelle Seaborn
Mrs C Seabom
Trustee
Company Registration No. 03924322

EMMAUS BOLTON
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated froml(absorbed by)
operations
20
68,799
(21.340)
Investing activities
Purchase of tangible fixed assets
Investment income received
(2,155)
6,607
(3,933)
1,874
Net cash generated froml(used in)
investing activities
4,452
(2,059)
Net cash used in financing activities
Net increasel(decrease) in Cash and cash
equivalents
73,251
(23.399)
Cash and cash equivalents at beginning of year
132,455
155,854
Cash and cash equivalents at end of year
205,7(
132,455

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Accounting poll¢ies
Charity infomiation
Emmaus Bolton is a private company limited by guarantee incorporaled in England and Wales. The reglstered
office is Derby Barracks, Fletcher Street, Bolton.
1.1 Accountlng convention
The financial statements have been prepared in accordance with the charily's goveming document. the
Companies Act 2006 and 'Accounting and Reporting by Charities.. Slatement of Recommended Praclice
applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) {effective 1 January 2019)" The charity is a Public
Benefit Entily as defined by FRS 102.
The financial statements are prepared in slerling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention, the principal accounting
policies adopted are set out below.
1.2 Going concem
At the time of approving the financial statemenls, the trustees have a reasonable expectation Ihat the charty
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Irustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discrelion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject lo 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. Where such funds are used to
acquire fixed assets, the expenditure is capitalised and depreciation is charged annually against the fund
balance in accordance with the rates noted below.
1.4 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 Ihat income will be received.
Cash donalions are recognised on receipt. Other donations arè recognised once the charity has béen notffjied
of the donation, unless perfomance conditions require deferral of the amount. Income lax recoverable in
relation to donations received under Gift Aid or deeds of ¢ovenanl is recognised at the time of the donation.
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 Ireated as a
contingent asset.
It would be impractical to try to value donated items when they are received, in order to recognise the value of
the donation as both income from donations and a malching cost of goods for resale. Therefore. donated
goods are only accounted for when they are sold, the sales income being recognised at that point.

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic beneffts will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by a¢tivity. The costs of each aGtivity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributsble to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activty are apportioned befween those activities on a basis
consistent with the use of resources. Central stsff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs related to that category. Expenditure is recognised once there is a legal or constructtve obligation to
make a payment to a third party, it is probable that setdement will be required and the amount of the
obligation can be measured reliabty.
Costs of raising funds comprise the costs of trading and similar activities and the associated support costs of
those activities. Charitable expenditure comprises those costs dIre￿[Y incurred by the charity in the deltvery to
beneficiaries of its core activities and Servi￿S. The support costs associated with delivery of these activities
and servi￿$ is also induded. All costs are allocated be￿een the expenditure categories on bases designed
to reflect the use of the resource. Costs relating to a particular activty are allocated directly. whilst others are
apportioned on an appropriate basis.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequendy measured at cost or valuation, net of
depreciation and any impaimient 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 land and buildings
Leasehold improvements
Fixtures and ffttings
Vehicles
Office equipment
20/0 Straight line
50/0 straight line
10 % straight line
25 % reducing balance
33Oh reduang balance
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 the statemenl of financial activities.
1.7 Fixed asset investments
The f￿ed asset investment in the subsidiary company. Ecostore Limtted. is measured at cost less any
accumulated impairment losses. should they arise. The investment is assessed for impaimient at each
reporting date and any impairment losses or reversals of impaimient losses applicable would be recognised in
the Statement of Financial Activities for the relevant year.
A subsidiary is an entty controlled by the chartty- Control is the power to govem the financial and operating
policies of the entity so as to obtain benefits from its activities.
1.8 Stocks
Stock is stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises
direct materials and, where applicable, direct labour costs and those overheads that have been incurred in
bringing the stock to its present location and condition. Items held for distribution at no or nominal
consideration are measured the lower of replacement cost and cost.
10-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accountlng policies
(Continued)
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand.
1.10 Flnancial instruments
The charity has elected to apply the provisions of Seclion 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments IssL¢es' of FRS 102 to all of its financial instruments.
Financial inslruments are recognised in the charity's balance sheet when the charily becomes party to the
contractual provisions of the instrument.
Financial assels and liabilities are offset, with Ihe net amounts presented in Ihe financial statements, when
Ihere is a legally enforceable right to sel off the recognised amounts and there is an intention lo settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financlal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
Iransaction price including transaction costs and are subsequently carried al 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 inlerest. Financial assets
classified as receivable wilhin one year are not amortised.
Basi¢ linancial Ilabilities
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 al the present
value of the future payments, discounted al a market rate of interest. Financial liabilities classified as payable
within one year are not amotised.
1.11 Taxation
The company has charitable status and is thus exempt from taxation of its income and gains falling within
section 505 of The Taxes Act 1988 or section 256 of the Taxalion of Chargeable Gains Act 1992 to the extent
Ihal they are applied to its charitable objeclives.
1.12 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's seNices are
received.
Termination benefils 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 Government grants
Government grants are recognised when there is reasonable assurance that the grant conditions will be met
and the grants will be received.
11

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
funds
2024
2023
2023
Total
funds
2023
Donations and grants
75.457
52,870
128.327
104,032
70,001
174,033
Donations and grants
analysis:
Ecostore Ltd
Emmaus UK
The Peter Kershaw Trust
The 29th May 1961
Charitable Trust
Duchy of Lancaster
The Albert Hunt Trust
Manchester Guardian
Society
The National Lottery
W O Street Charitable
Foundation
Bolton CVS
The Dowager Countess
Peel
Phil Gibbs Trust
Other
28.766
28,766
51,842
51,842
9,871
9.871
3.000
3,000
15.000
5,000
10,000
15,000
5,000
10,000
5.000
9,870
5,000
9.870
5.000
5.000
130
130
10,000
50.000
10,000
50,000
52,190
46,691
46,691
52,190
75,457
52,870
128,327
104,032
70,001
174,033
Charitable activities
Total
2024
Total
2023
Sale of goods
Charitable rental income
436,882
72.880
391,241
72,880
509,762
464,121
12-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 30 JUNE 2024
Costs of raislng funds
2024
2023
Bank charges
Office and business supplies
Stock and other trading purchases
Advertising
Staff costs
Depreciation
Utilities and waste
Insurance
Motor and travel expenses
Accountancy, bookkeeping and payroll
Maintenance, repairs and renewals
Telephone
Miscellaneous
2,454
6,066
80,604
14,925
140,942
27,207
8,023
5,141
19,385
2,956
35,034
1,432
8,980
2,088
5,730
80,533
11,347
110,091
29,017
9,170
4,953
19,390
2,540
22,454
1,225
8,424
353,149
306,962
Analysis by fund type
Unrestricled funds
Restricted funds
325,579
27,570
301,221
5,741
353.149
306,962
Expenditure in notes 4 and 5 is allocated directly io the relevant operational activities as far as possible.
Those costs which are not capable of being directly allocated are split between the categories of shop and
other trading activities and companions and their accommodation on a 50.50 basis, with the ex￿ptIOn of
charges for utilities and waste, and costs of maintenance, repairs and renewals, which are allocated based on
approximate usage
13-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Costs of charitable activities
2024
2023
Stsff costs
Depreciation and impaimient
Bank charges
Companion expenses
Office and business supplies
Council tax
Utilities and waste
Maintenance, repairs and renewals
Telephone
Accountancy, bookkeeping and payroll
Miscellaneous
Insurance
140,940
23,892
2.454
148,010
6,066
4.373
24.069
3,322
1,432
2,956
8.980
5,142
120,090
25,118
2,089
121.260
5,730
4,171
27.511
16,091
1,225
2,540
8,425
4,953
371,636
339,203
Analysis by fund type
Unrestricted funds
Restricted funds
371,636
314.952
24,251
Inciuded in expenditure in noles 4 and 5 are govemance costs of £3,707 (2023: £3,187) in relation to the
preparation and examination of the annual statutory accounts.
Expenditure in notes 4 and 5 is allocated directly to the relevant operational activibes as far as possible.
Those costs which are not capable of being directly allocated are split belween the categories of shop and
other trading activities and companions and their accommodation on a 50'.50 basis, with the ex￿pIlon of
charges for utilities and waste, and ￿StS of maintenance, repairs and renewals, which are allocated based on
approximate usage.
Net movement in funds
2024
2023
The net movement in funds is ststed after chargingl(crediting):
Depreciation of owned tangible fixed assets
51,099
54,135
Trnstees
None of the trustees (or any persons connected wtth them) received any remuneration or beneffts from the
charity during the year. Expenses relating to the trustees are generally met by the charity directly.
14-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Employees
2024
2023
Wages and salaries
Social securily cosls
Other pension costs
254,251
19,236
8,395
210,590
15,245
4,346
281,882
230,181
The average number of employees during the year, excluding trustees and volunteers, was 9 (2023.. 8). No
employee received salary and benefits (excluding employer pension costs) of more than £60,000. The
charity considers ils key management personnel to include its board of Irustees (all unpaid) and 3 of its
employees. The total employment benefits of key management personnel (including employer's pension
contributions and employe¢s national insurance cost) was £131.293 (2023.. £117,303).
Taxation
The charity is exempt from tsxation on ils activities because all its income is applied for charitable purposes,
10 Tangible flxed assets
Fwhold land
L￿Sehold Flxtures and
and bulldlngs improv•monts
flttlngs
Vehi¢l¢s
Total
Cost
At 1 July 2023
Additions
339,697
626,930
139,934
2,155
72,414 1,178,975
2.155
AI 30 June 2024
339,697
626,930
142,089
72,414 1,181,130
Depreciation and impaimient
At 1 July 2023
Depreciation charged in the year
114,578
6,294
482,212
33,068
109,480
8,422
50,316
3,315
756,586
51,099
At 30 June 2024
120,872
515,280
117,902
53,631
807,685
Carrying amount
AI 30 June 2024
218.825
111.650
24,187
18,783
373,445
At 30 June 2023
225,119
144,718
30,454
22.098
422,389
15-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
11 Fixed asset investments
other
investments
Cost or valuation
At 1 July 2023 & 30 June 2024
Carying amount
At 30 June 2024
At 30 June 2023
The investment represents 1000A of the issued ordinary share capital of Ewstore Limited. registered office
address Derby Barracks, Fletcher Street. Bolton. Ecostore Limited prepares its own individual company
accounts and consolidated accounts are not prepared for the group. It had a profft of £60,789 for year ended
30 June 2024 and had capital and reseNes of £89,557 at that date.
12 Stocks
2024
2023
Finished good5 and goods for resale
19.723
14,080
13 Debtors
2024
2023
Amounts falling due within one year.
Trade debtors
Other debtors
Prepayments and accwed income
10,280
9.615
3.824
210
4,750
55,535
23.719
60,495
14 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Trade creditors
Amounts owed to Ecostore Limited
Other credttors
Accruals and deferred income
4,555
25,555
97,246
1.517
15,109
3,211
16,738
34,309
857
15,604
143,982
70,719
16-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
15 R06trf¢ted funds
Mov￿ent in funds
In¢tym*
Exp•nsE
Mov6m8nt In funds
Exp•n
B#l•n¢•4t
30 Juno 2024
l July 2012
1 July 2032
The P&ier KershawTrust
The 29th Moy 1961 Charitabk Twst
Duchy of L8n¢ast¢r
ManthesttrGuardian SoGiety
The National Lottery
Re¢y¢ling Cantre
W O Street Ch8t4tabl& Foundation
Suez R4GM Community Fund
Great Place5 Housing Group
TheAlbert Hunt TNst
B¢Ron CVS
Emmaus UK Environrnental Fund
The D¢%vager Covntess Peel
Phil Gibbs Estate
3.000
15.000
3,LK)O
15.000
5.000
5.000
9,870
9,870
38.638
14.4911
134,1471
5.000
s.frjo
2,500
3,000
12,50DI
13.0001
10,Lh>)
10.OLh)
120
9.871
10,C¥
50.000
19,8711
110.OCIJI
,ooo
127,5701
22,430
U,138
70.001
129,9921
134.1471
50,orJJ
52.870
127,5701
75.3Qk)
17-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1S Restrieted funds
l¢ontlnuedl
Fund￿9 towards the ReLyding Centre project was from a combtriabon of Emmaus UK. Bottons Furjd. Landmark UK. Benefwx Trust. The Be*iee Lain9 Trust and
hlnwell Trtjst in prevths years. This has been fuJ¥i utslised on qualfyng rtems, n Ine funding S￿￿latiOnS and IherefoTe a tr8nsfer to unrestrfcted l￿d$ was
made in the prforyear.
Money recelved Emmau$ UK Environment Fund h 2W23 VRS to lund the reptacemerrt of %trfndows to upgrade 5rn9￿ to double gjaang. Tht D¢M7ger
Cwntess Peel gr8nt w05 to fund the tX)5t of empkiwng an addrfional drivw. Funding from the estate of the Lgte Phil Gbi bs Is tO*drds the cost of empbying an
corM￿ree stair member.
Funding recenied frcth The Peter Kershaw Tru< The 29th May 1961 charitab￿ TNst, Duthy of Lancaster, Manchester Guardian Socty, W O Street Charitabk
Foundation andTheAlbert Hunt Trustwa5 provTrJ8d to fvnd roofing repanwhich are planned to begh in the 24125finanoJ year.
FUnd￿1g towardsthe ¢05t of running the panty was re¢ewed from The National Lottery.
FwaN re¢enied ab)ve, althe perfc*Thantx obfi9ations have been met andlhe full incclwd amwnl has been receNed', therefore Ihe Charity is ￿allY entrfkd tothe
Énd has recognised it in fvll.
18-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
16 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
Transfers
At 30 June
2024
Currentyear:
At 1 July 2023
Incoming
resources
Resources
expended
General funds
508,702
591,826
(697,215)
403,313
Prevlous year:
At 1 July 2022
Incoming
resources
Resources
expended
Transfers
At 30 June
2023
General funds
520,701
570.027
{616,173)
34,147
508,702
17 Contingent liabilitles
A grant of £140,000 was received from EmmaL¢S UK la national charity which provides guidance and support
for individual Emmaus communities such as Emmaus Bolton) in 2004 and has been used to help purchase
Derby Barracks, Fletcher Street, Bolton as the community accommodation. This grant becomes repayable if
the building is sold or if Emmaus Bolton ceases to be a member of Emmaus UK. At the year end the balance
was £49,976 (2023.. £58,656).
18 Analysis of net assets between funds
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Fund balances are
represented by:
Tangible assets
Investments
Net current assets
373,445
373,445
422,389
422,389
29,866
75,300
105,166
86.311
50.000
136,311
403,313
75.300
478.613
508.702
50,000
558,702
19 Relatsd party transactlons
The charity has taken advantage of the exemption available in FRS8 °Related party disclosures" whereby it
has not disclosed Iransactions with any wholly owned subsidiary undertaking.
19-

EMMAUS BOLTON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
20 Cash generated from operations
2024
2023
Deficit for the year
(80.089)
(6,13n
Adjustments for..
Investment income recognised in ststemènt of financial activities
Depreciation and impaiment of tangible fixed assets
(6.607)
51,099
(1,874)
54,135
Movements in working capital:
(Increase) in stocks
Decreasel(increasè) in debtors
Increasel(de¢rease) in creditors
(5,643)
36,776
73,263
(564)
(46,613)
(20,28n
Cash generated froml{absorf)ed by) operations
68,799
(21,340)
-20-