| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe Company, | Its Trustees and advisers | 1-2 | |
| Trustees' report |
3-9 | |||
| Independent auditors' |
report | on the financial statements | 10 - 13 | |
| Statement offinancial | activities | 14 | ||
| Balance sheet | 15-16 | |||
| Statement ofcash flows | 17 | |||
| Notes to the financial | statements | 18-32 |
| Trustees | Lucia J Smith | |||||
|---|---|---|---|---|---|---|
| Dean S Bourke | ||||||
| Alistair ETusting | ||||||
| lan F Kavanagh | ||||||
| James W Stewart | ||||||
| Lucy Diyburgh | (appointed | 30 November 2020) | ||||
| Wendy Hind (appointed |
28 September 2021) | |||||
| Martin Clitheroe | (resigned | 28 September 2021) | ||||
| Maria Fordham | (resigned | 29September 2020) | ||||
| William J Lockley (resigned 5 September 2021) | ||||||
| Company | registered | |||||
| number | 03924340 | |||||
| Charity registered | ||||||
| number | 1083113 | |||||
| Registered | office | Emmaus Village |
||||
| School Lane Carlton | ||||||
| Bedford | ||||||
| MK43 7LQ | ||||||
| Company | secretary | Roger D Wansbrough | ||||
| Chair | Lucia J Smith | |||||
| Independent | auditors | MHA Maclntyre | Hudson | |||
| Chartered Accountants |
||||||
| Moorgate House | ||||||
| 201 Silbury Boulevard | ||||||
| Milton Keynes | ||||||
| Buckinghamshire | ||||||
| MK9 1IZ | ||||||
| Bankers | Barclays Bank pic | |||||
| 111High Street | ||||||
| Bedford | ||||||
| MK40 1NJ | ||||||
| CAF Bank Limired | ||||||
| Kings Hill |
||||||
| West Mailings | ||||||
| ME194TA | ||||||
| The Charity Bank Limited | ||||||
| Fosse House | ||||||
| 182 High Street | ||||||
| Tonbridge | ||||||
| TN9 1BE | ||||||
| Treasurer | James WStewar | t |
| Patrons | Mrs Helen Nellie —HM Lord Lieutenant |
Mrs Helen Nellie —HM Lord Lieutenant |
Mrs Helen Nellie —HM Lord Lieutenant |
of Bedfordshire | |
|---|---|---|---|---|---|
| The Rt. | Rev. Richard Atkinson OBE - |
Bishop ofBedford | |||
| The Rt. | Rev. Peter Doyle | - Bishop of | Northampton | ||
| Key management | Angela | Foll (Chief Officer) | |||
| Andrew | Stanley (Finance | and IT Manager) | |||
| Chloe Markevics (Support |
Manager) | ||||
| Lynn Reeves (Operations | Manager) | ||||
| Registered | Company | Emmaus | Turvey Ltd |
||
| Registered | Charity | Emmaus | Village Carlton |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| Note | 6 | |||
| Income from: | ||||
| Grants and donations | 183,373 | 183,373 | 206,184 | |
| Charitable activities |
951,124 | 951,124 | 1,201,533 | |
| Investments | 3,246 | 3,246 | 195 | |
| Total income | 1,137,743 | 1,137,743 | 1,407,912 | |
| Expenditure on: |
||||
| Charitable activities |
7 | 1,240,944 | 1,240,944 | 1,291,814 |
| Other expenditure | 9 | 20,283 | 20,283 | 15,218 |
| Total expenditure | 1,261,227 | 1,261,227 | 1,307,032 | |
| Net movement in funds |
(123,484) | (123,484) | 100,880 | |
| Reconciliation offunds: |
||||
| Total funds brought forward |
848,205 | 848,205 | 747,325 | |
| Net movement in funds |
(123,484) | (123,484) | 100,880 | |
| Total funds carried forward | 724,721 | 724,721 | 848,205 |
| BALANCE SHEET | BALANCE SHEET | BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|---|---|
| AS AT 30JUNE | 2021 | |||||||
| 2021 | 2020 | |||||||
| Note | 6 | 8 | ||||||
| Fixed assets | ||||||||
| Tangible assets | 12 | 346,763 | 474,809 | |||||
| 346,763 | 474,809 | |||||||
| Current assets | ||||||||
| Stocks | 13 | 4,982 | 6,198 | |||||
| Debtors | 14 | 79,254 | 121,920 | |||||
| Cash at bank and | in hand | 528,531 | 506,950 | |||||
| 612,767 | 635,068 | |||||||
| Creditors: amounts | falling due within one | |||||||
| year | 15 | (174,652) | (153,410) | |||||
| Net current assets | 438,116 | 481,658 | ||||||
| Total assets less | current llabgities | 784,878 | 956,467 | |||||
| Creditors; amounts | falling due after more | |||||||
| than one year | 16 | (60,167) | (108,262) | |||||
| Net assets excluding | pension asset | 724,721 | 848,205 | |||||
| Total net assets | 724,721 | 848,205 | ||||||
| Charity funds | ||||||||
| Restricted funds | ||||||||
| Unrestricted funds |
||||||||
| General funds | 724,721 | 848,205 | ||||||
| Total unrestricted | funds | 724,721 | 848,205 | |||||
| Totalfunds | 724,721 | 848,205 |
| 2021 | 2020f | ||||
|---|---|---|---|---|---|
| Cash flows from operating | activities | ||||
| Net cash used in operating | activities | 18,335 | 42,254 | ||
| Cash flows from investing | activities | ||||
| Dividends, interests and rents from investments |
3,246 | 195 | |||
| Net cash provided by investing activities |
3,246 | 195 | |||
| Cash flows from financing | activities | ||||
| Net cash provided by financing activities |
|||||
| Change in cash and cash |
equivalents | in | the year | 21,58'l | 42,449 |
| Cash and cash equivalents | at the beginning | ofthe year | 506,950 | 464,501 | |
| Cash and cash equivalents | atthe end | of | the year | 628,631 | 506,950 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2021 | 2021f | |
| Donations | 98,815 | 98,816 |
| Grants | 84,558 | 84,558 |
| 183,373 | 183,373 | |
| Unrestricted | Total | |
| funds | funds | |
| 2020 | 2020 | |
| F | ||
| Donations | 32,340 | 32,340 |
| Grants | 173,844 | 173,844 |
| 206,184 | 206,184 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021f | 2021 E |
||
| Sale ofdonated | / recycled goods | 452, 184 | 452,184 |
| Bistro | 115,297 | 115,297 | |
| Other sales | 61,749 | 61,749 | |
| Rent from companions | 321,894 | 321,894 | |
| 951,124 | 951,124 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| 2020f | 2020f | ||
| Sale ofdonated | / recycled goods | 573,400 | 573,400 |
| Bistro | 214,391 | 214,391 | |
| Other sales | 98,013 | 98,013 | |
| Rent from Companions | 315,729 | 315,729 | |
| 1,201,533 | 1,201,533 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021f | 2021 E |
||
| Bank | interest | 3,246 | 3,248 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2020f | 2020f | ||
| Bank | interest | 195 | 195 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2021 | ||||
| 6 | F | ||||
| Repairs and | maintenance | 43,009 | 43,009 | ||
| Retails &Workshop | supplies IServices | 128,077 | 128,077 | ||
| Community | Costs | 55,417 | 55,417 | ||
| Companion's | Allowances | 111,951 | 111,951 | ||
| Volunteer | Costs | 2,820 | 2,820 | ||
| Food | 46,703 | 46,703 | |||
| Employment | 506,675 | 506,676 | |||
| Premises | (Insurance | & Council tax) | 63,238 | 63,238 | |
| Depreciation | 176,734 | 176,734 | |||
| Utilities & | Telecoms | 61,765 | 61,765 | ||
| Transport | 29,476 | 29,476 | |||
| Bank charges and loan interest | 15,079 | 15,079 | |||
| 1,240,944 | 1,240,944 |
| Summary by fund t |
ype (co | ntinued) | ||
|---|---|---|---|---|
| Unrestricted | Total | |||
| funds | funds | |||
| 2020f | 2020f | |||
| Repairs and maintenance | 47,976 | 47,976 | ||
| Retails &Workshop | supplies | IServices | 198,569 | 198,569 |
| Community Costs |
59,841 | 59,841 | ||
| Companion's Allowances |
107,299 | 107,299 | ||
| General expenses | 4,034 | 4,034 | ||
| Food | 61,580 | 61,580 | ||
| Employment | 483,123 | 483,123 | ||
| Staff Recruitment | 3,557 | 3,557 | ||
| Premises (Insurance |
& Council tax) | 61,127 | 61,127 | |
| Depreciation | 157,165 | 157,165 | ||
| Utilities &Telecoms | 58,441 | 58,441 | ||
| Transport | 29,582 | 29,582 | ||
| Bank service charge | 19,520 | 19,520 | ||
| 1,291,814 | 1,291,814 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 6 |
2021f | |||
| Audit | 12,800 | 12,800 | ||
| Accountancy | 5,760 | 5,760 | ||
| Trustees | Indemnity | Insurance | 1,723 | 1,723 |
| 20,283 | 20,283 | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2020 | 2020 | |||
| f | f | |||
| Audit | 9,000 | 9,000 | ||
| Accountancy | 4,495 | 4,495 | ||
| Trustees | Indemnity | Insurance | 1,723 | 1,723 |
| 15,218 | 15,218 |
| 2021f | 2020 | |||||
|---|---|---|---|---|---|---|
| Wages and | salaries | 451,407 | 431,303 | |||
| Socialsecurlty | costs | 36,914 | 32,091 | |||
| Contribution | to | defined | contribution | pension schemes | 18,354 | 19,729 |
| 506,675 | 483,123 |
| Building | Plant and | Motor | Fixtures and | Computer | ||
|---|---|---|---|---|---|---|
| improvements f |
machinery f |
vehicles | fittlngs f |
equipment f |
Total f |
|
| Cost | ||||||
| At 1 July 2020 | 1,430,687 | 71,424 | 38,960 | 46,815 | 69,251 | 1,657,137 |
| Additions | 8,346 | 2,760 | 14,948 | 22,644 | 48,688 | |
| Disposais | (24,836) | (14,872) | (3,600) | (27,359) | (70,567) | |
| At 30June 2021 | 1,430,687 | 54,934 | 26,838 | 58,263 | 64,536 | 1,635,258 |
| Depreciation | ||||||
| At 1 July 2020 | 998,422 | 65,313 | 38,960 | 30,235 | 49,398 | 1,182,328 |
| Charge for the | ||||||
| year | 115,119 | 7,734 | 458 | 11,156 | 42,267 | 176,734 |
| On disposals | (24,836) | (14,872) | (3,500) | (27,359) | (70,667) | |
| At 30June 2021 | 1,113,541 | 48,211 | 24,646 | 37,891 | 64,306 | 1,288,495 |
| Net book value | ||||||
| At 30June 2021 | 317,146 | 6,723 | 2,292 | 20,372 | 230 | 346,763 |
| At 30June 2020 | 432,265 | 6,111 | 16,580 | 19,853 | 474,809 |
| 13. | Stocks | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 6 | 6 | |||||
| Finished goods | and goods for resale | 4,982 | 6,198 | |||
| 14. | Debtors | |||||
| 2021 | 2020 | |||||
| 6 | ||||||
| Due within one year | ||||||
| Trade debtors | 6,562 | 984 | ||||
| Other debtors | 10,174 | 12,306 | ||||
| Prepayments | and accrued income | 62,518 | 108,630 | |||
| 79,254 | 121,920 | |||||
| 15. | Creditors: Amounts | falling due within one year | ||||
| 2021 | 2020 | |||||
| 6 | 6 | |||||
| Bankloans | 48,081 | 44,975 | ||||
| Trade creditors | 44,887 | 46,062 | ||||
| Other taxation | and social security | 9,608 | 7,201 | |||
| Other creditors | 5,905 | 4,612 | ||||
| Accruals and | deferred | income | 66,171 | 50,560 | ||
| 174,652 | 153,410 | |||||
| 16. | Creditors: Amounts | falling due after more than one year | ||||
| 2021 | 2020 | |||||
| 6 | ||||||
| Bankloan | 60167 | 108262 |
| 17. | Financial | instruments | ||||
|---|---|---|---|---|---|---|
| 2021 6 |
2020f | |||||
| Financial | assets | |||||
| Financial | assets measured | at fair value through | income and expenditure | 628,531 | 506,950 | |
| 18. | Summary | offunds | ||||
| Summary | offunds - current year |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | 30June | |||||
| July 2020 6 |
Income 6 |
Expenditure | f | 2021 f. |
||
| General | funds | 848,205 | 1,137,743 | (1,261,227) | 724,721 |
| 19. | Analysis | ofnet | assets | between | funds | ||
|---|---|---|---|---|---|---|---|
| Analysis | ofnet | assets | between | funds | - current | year |
| Analysis | ofn | et assets between funds - current year |
||
|---|---|---|---|---|
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021 | |||
| 6 | ||||
| Tangible | fixed | assets | 346,763 | 346,763 |
| Current | assets | 612,767 | 612,767 | |
| Creditors | due | within one year | (174,652) | (174,652) |
| Creditors | due | in more than one year | (60,157) | (60,157) |
| Total | 724,721 | 724,721 |
| Analysis | of net assets between funds - prior year | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2020f | 2020 8 |
||
| Tangible | fixed assets | 474,809 | 474,809 |
| Current | assets | 635,068 | 635,068 |
| Creditors | due within one year | (153,410) | (153,410) |
| Creditors | due in more than one year | (108,262) | (108,262) |
| Tots I | 848,205 | 848,205 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| E | ||||
| Not later than | 1 year | 11,920 | 5,968 | |
| Later than | 1 year and not later than 5years | 30,122 | 7,402 | |
| 42,042 | 13,370 |
| 26. | Reconcilia | tion of net |
movem | ent | ln fun | ds to | net | cash flow | from | operating | activities | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021f | 2020 | |||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | ||||
| Activities) | (123,484) | 100,880 | ||||||||||
| Adjustments for. |
||||||||||||
| Dividends, | interests and rents | from | investments | (3,246) | (195) | |||||||
| Decrease/(increase) in |
stocks | 1,216 | (1,068) | |||||||||
| Decrease/(increase) in |
debtors | 42,667 | (64,249) | |||||||||
| Decrease | in creditors | (26,863) | (91,784) | |||||||||
| Movement | on fixed assets | 128,045 | 98,670 | |||||||||
| Net cash | provided by |
operating | activities | 18,335 | 42,254 | |||||||
| 27. | Analysis | ofcash and | cash equivalents | |||||||||
| 2021f | 2020f | |||||||||||
| Cash in hand | 528,531 | 506,950 | ||||||||||
| Total cash and cash equivalents | 528,531 | 506,950 | ||||||||||
| 28. | Analysis | ofchanges | in net debt | |||||||||
| At1 July | At 30June | |||||||||||
| 2020 | Cash flows | 2021f | ||||||||||
| 8 | ||||||||||||
| Cash at bank and in hand |
506,950 | 21,681 | 528,531 | |||||||||
| Debt due | within 1 year |
(44,976) | (3,106) | (48,081) | ||||||||
| Debt due | afler 1 year | (108,262) | 48,105 | (60,157) | ||||||||
| 353,713 | 66,580 | 420,293 |