ChaTity rngl¥lratlon number 1110220 Company r•glstratlon numbor 5075117 (England and Wales) EMMAUS MERSEYSIDE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
EMMAUS MERSEYSIDE LEGALAND ADMINISTRATIVE INFORMATION Charlty Mr PAdams Mr P Carhart Ms N Cave Ms J Henn8y Ms D Klng Mr L Mccowan Mr N Thompson S•cr•tary Mr P Adams Charlty numbèr 1110220 Company number 5075117 ReglBterod offlco 11th Floor The Plaza 100 Old Hall Street Live001 L3 9QJ Ind•p•ndont •xamln•r Susan Buckley SBAAccounllng Llnlted Gladstone House 2 Church Road Llverpool L15 9EG
EMMAUS MERSEYSIDE CONTENTS Pago Trusl8e8 report Statement of Irustees regponslbllltl6s Independenl axamlnarfs répcMI Stalernenl of Ilnandal a¢lMlles Balance sheet Stalemenl of cash flow8 Notes lo Ihe financlal statements 9-18
EMMAUS MERSEYSIDE TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Gharfty presenl Ih8lr annual r8POrt and financial 61alement8 for the year ended 31 MaTch 2024. Tho flnanclal ststements havg b8en prepared In a¢¢ordance wllh Ihé acCoUntY pollcles set out In noté 1 to Ihe flnanclal slat8m8nls and comply th the charivs mèmorandum and art1¢$ of assoclallon. the Companl8s Act 2006 and "Accounllng and Reportlng by Charlllès: Statem8nl of Recommended Pr8Ctlce appllcablè lo charities preparlno thelr accounts In accordance wilh the Flnanclal Raportlng Standard appncable In the UK and Republ1¢ of Ireland (FRS 102)" <effectlvè 1 January 2019). ObJectlv•8 and 8¢tlvltle$ The Charity have was formed on 15 Mah 2004. The ¢hariV6 objeollve Is lo establlsh an Emmaus Communlty In Mersayslde. The Char6ty18 afflmaled lo tha Emmaus M0ment In the UK. In sefflng oblecllve8 and p18nnlng for aclivitles, Ihe TnFslees have glvèn due conslderatlon fo general guidance publlshed by the Charlty Commlsslon relating lo publlc bengfil, Indudlng ihe guklance 'Publlc benefil.. runnlng charlly (PB2}'. Achl8vem6nt$ and p•rf¢rmane• Throughout th18 y88r, we proudly provlded 8UPPOrt lo 51 companlons through our accommodatlon program. each recelvlng personalized as8lslan¢e to bulld skills, confidence, and stablllty for a brlghtar future, Occupancy rates for the yèar sat al over 96% 8hovAng the growlng naèd for hom81è88 accommodallon. and pressure on servlces Increaslng. Qur CDmmunSly garden h8s seen remarkable growth, Ih8nk8 In part to our newly appolnled Hortlcullure SupeNlsor. wh088 expertlse and dedlcallon have furlher enrl¢hèd our gardenlng program. Th8 g8rden has produced over 150 kllograms of fresh, Drganlc frui18 and v8gelable6, providlng nutrbllous Ingredients for our communlty kltchen and supplylng sutplug produce io local lood bank$. We remgln commltted to acts of solldarlty, offerlng over £8.000 In Ilma, labour. tr8n8POrtatlon mlles, and valuable resources to 8UPPOrt olher organlzallons. Our Sandy Road store h88 also had a suoces8ful yeor, generatlng Incomé 8xc&edlng £300,000, wllh GSft Ald 8ales of £46,500 of whlch £11.500 dlreclly beneflls our ¢hadtablo effort8 from Income. Thè shop's op8ratlons a180 allgn wllh our 8u8lalnablllty goals, havlng dlverlgd a snIfiCant amount of fvmltur6 8nd goods from iandfllls, relnlor¢lng our dedtcatlon lo reduclng waste. Our companlons contlnue lo make InsplAng progress. Several Indlvldu8L8 hgve moved on to Ind8P8ndenl Ilvlng slluallons, 8 teslamenl lo Ihe Skllls ¥nd resillen¢e they've d8veloped wllhln our program. Many have ¢ompl8led valuable tralnlng and workshiws, enhanclng thelr employablily and readlne89 for th& next chapt8r In Ihelr IIv89, We have made numerou5 Inveslmenls In companlon faGllllle8 and wellbeing. by spandlng almost £10,000 on a n8W gym lacillty and getting a personal Irainer who comes twice a week lo Ipach thg companlons In th& banelll ot phy8lcal aollvlty, We have replaced all Ihe bed8 In tho companlon rooms wlth brand n8w beds and Created a nice dnemallc communal room wherè ci)mpanlons can come together to watch TV. as well as b8 used as 8 Iralnlng space. We are Incredlbly grateful lo our supporters whose generosity has been vltal In rnang the80 achl?vements posslblg. Togelher. we arg rreatlng lasung Change and openSng doors lor a sustalnable, SUPPOrtiv8 futuro.
EMMAUS MERSEYSIDE TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnan¢lal revlow Gn9 concem After making appropriate enqulrles, Ihe Tfuslees have a rea8on8bl8 expectallon that th& Company has ad6quale resources lo contlnue in operational existence for the foreseeable fulure. For Ihis rea8on, they conllnue10 adopt Ihe golng concorn ba61$ In preparlng Ihe financial slalements. Further delall8 rngarding the adopllon of th8 golng concern basls can be found in Iho accounting pollcle& Ro4erves pollcy It Is the pollcy of the charlly to malnlain sufficlent funds lo meel 3-6 months of operating costs wlthoul Income, In common vlth many olhor chariknes the company must generate significant Income from their trading aclivilios lo sustain Ihelr on90ing oporatlon$. Tho cash SLJrplus held by Ihe Gompany 81 the dele of signing the arKounls sallsfle8 the pollcy's requlrement of holdlng suffldent cash to Cover at least 6 months of operatlng cost8. stru¢tur•. gov•rnanc• and managem•nt Emm8Ug Meiseyslde is registèred a8 a charltsble ¢ompany Ilmiled by guarantee and was 8et up by a Memorandum of As$ocl811on. The charlly, who ere also Ihe dlre¢lors for lh6 purpose ol company law, and who setV8d durln9 the year 8nd up lo the date ol slgnature ol the financl81 slo1gment8 were: Mr PAd8ms Mr P Carhart Ms N Cave Ms J Henn9y Ms D Klng Mr L Mccowan Mr N Thompson R8Gniltm8nt and appolntment of In188$ Tho managemenl of the Company Ss the responslblltly ol the Twstee$ who are elected and co-oplgd under the term8 of the Memorandum ofA880Gtailon. None of Ihe charity has any beneficial inleresl in Ihe Company. All of Ihe charlly Ore memb8r3 of thè company and guorantfje to contribute £1 In tho event of a windlng up, The companvs current policy eoncemlng the payment of Irade Credltors Is to follow th8 CBI'S Prompt P8y8rs Code {copié8 are ava118ble from Ihe CBI. Cenlre Polnt, 103 New OxtOTd Street. London WC1A I DU). The companys current pollcy concernlng the paymenl of Iradè credilc>rs16 to.. settle the terms of payment th suppllers when agreelng Ihe teTm8 of each Iransactlon. ensure that suppliers are made aware of the terms of paym8nl by Incluslon of the relevant 19rms kn conlfacls., and pay In accordanc8 wlth the comp8nls contraclual and other18gal obllgations.
EMMAUS MERSEYSIDE TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Tho ustegs report was appioved by thè Board of ChaTIty. Mr PAdamg Trusteo Ms J Henn8y Trust¢? 9 December 2024
EMMAUS MERSEYSIDE STATEMENT OF TRUSTEES RESPONSIBIUTIES FOR THE YEAR ENDED 31 MARCH 2024 Thé ehBrlly, who aTO also the dlreciors ol Ernmaus Mers8y81d8 for the PUTpv$e of company law, are responslble for preparlng the Trustees Report and Iha flnanclal stalemenl$ In a(xord8nce wilh applicablo law and Uniled Klngdom Accountlng Slandards (Unlled Klngdom Gènerally Ac¢eptedAccounling Pradlce). Company Law requlre8 tho Gharity to prepare finan¢lal statements for each financlal year whlch 9lve a tru8 and falr vlèw of thè state of affalrs of th8 charfty and of th& Incomlng resources and 8pplcatlon of resources, Includlng the Income and expendlture, of thè charllable company for thot yéar. In preparlng those fln8n¢l81 ststern8nts. the charlty are requSred lo: - select sullable a¢countlng potl¢les and then oppty Ihém conslstenlly. - observe Ihe methods and prfnclpl88 In tho Charftles SORP. - make Judgements and esllmèles that aro reasonable ond wd8nt: and prepare Ihe flD8nclal statements on the golng ¢oJrn bas18 unl888 It Is knappropTiate to presum8 that th6 ¢h8rlly wlll conllnue In operallon. The ¢harlty 8re reGpon8lble for keeplng 8dequatg a¢countlng rècords Ihal dl$clo89 with reasonable a¢curacy at any Ilmè the fSnondal poslllon of the charlty and enable them to ensure thal the Iln8nclal slalem8nls comply wlth the Companles Act 2006. They are also ra$ponslble for safeguardlng the assets of tho Gharlly and hènce for taklng rèa80nable slap8 lor tha pievéntlon and detection of fraLKI end olher Irregul8rllles.
EMMAUS MERSEYSIDE INDEPENDENT EXAMINER'S REPORT TO THE CHARITY OF EMMAUS MERSEYSIDE I report to the charlty on my 8xaminalk)n of th8 financlal slatement8 of Emmaus Mergeyslde {Ih8 charlty) for the yegr endad 31 March 2024. Rospon$lbllltles and bagls ol t•port AS the Trust888 of the company land also Its dlr8clor8 for the purposes of company law) you are re3ponslble for the preparalion of the financial statèment8 In accordanc6 wlth the requirements of Ihe Companiès Act 2006 (thè 2006 Act). HavSng satlsfied myself that Ihg flnancial slalemon15 of the ¢harfly are not requlred to be audSled under Part 16 of the 2006 Act and are 61iglble for Independent exemlnalion. I report In respect of my examlnalion of Ihè chfirlly's fln8ncial stalemenls carrled oul undeT seclion 145 of the Charllles Acl 2011 {Ihe 2011 Act). In corrylng oul my examlnallon I have followed 011 the applicabl8 Dlrecllons given by the Charlly Commb881on under seclion 14515)(b) ol Ihe 2011 Act. Indopendont examlnerf8 Statement Slnce thé eharlty's gross In¢om8 exceed8d £250,000 your exarnlner must be a memb8r ol a body Ilsted In 6ectlon 145 of the 2011 Act. I conflmi Ihal l am qu8lllied to underlake tho examlnallon because l 8M a memb8r of Instltut8 of Chartered Accountant8 of Eroland and Walès. which Is on6 of Ihe Ilsted bodies. I have completed my ex8mlnatton. I nfIrM that no matter$ havo come lo my attenllon in conno¢llon wlth the examlnalion giving mg cause to belleve Ihat In any malerlal respect: a¢counllng records were nol k8pI In respect ol Ihe charlly as r8qulred by secllon 386 of the 2006 Acl., or the financlal slatem&nis do nol accord wlth Ihose records; or thé linanclal slolements do not comply wlih the accountlng requlrem8nts of sectlon 398 of lh8 2006 Act othor than 8ny requlremenl that the a¢Munts g8 a Irue and fair vlew whlch l? nol a mattér conslder8d as part of an Independenl examlnallon., or the financlal slalemenl$ have not been pr8pared In a¢cordance with the molhods and principl88 of the statement of Recommended Pracllce for accounllng 8nd reporting by chArille8 appllcable lo ¢haillles preparlng Ihelr accounts in accordan¢e wilh tha Finan¢lal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102). I have no concems and have come across no olh8r matters In nneCtIOn wllh Ihe examlnallon to whl¢h attentlon should be drawn In Ihls report In order to enabl8 a proper underslandlng of the flnanclal stalemcnls lo be reached. Susan Buckley 8BAAccountlng Llmlted Chortered Acc<Junlanls Glad8tt)ne House 2 Church Road Llverpool L169EG Dated: g December 2024
EMMAUS MERSEYSIDE STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 UnrestrlGted Restrlcled fund5 funds 2024 2024 Total Llnrestrlct•d Rèstrltted funds funds 2023 2023 Total 2024 2023 Note Incomo from: Donallons and18g8cle8 Charllablg Acllvi1185 Investment8 323,366 114.386 226.567 437,752 226,567 2,303 273,663 86,934 185,377 340,597 185,377 170 2.303 170 Total Income 325.669 340.953 666.622 273,833 252,311 526,144 Expondlturo on: Raising funds Ch8rllable activStles 1.491 223,555 1.491 512,947 543 235,532 543 383.075 289,392 147,543 Total expéndlture 225.046 289.392 514.438 236.075 147.543 383.618 Nel Ineomo and mov•monl In funds 100,623 51.581 152.184 37,758 104,768 142,526 Reconclllatlon of funds: Fund balances at 1 April 2023 64,038 318.114 382.150 26,278 213.346 239.624 Fund bal4nGgs al 31 March 2D24 164.659 369.675 S34.334 64,036 318,114 382.150 The slat8menl of ffinanclal acliv511es Includes all galns and losses recognlsed In lh8 year. All Income and expendltufè der1 from conllnulng acllvltles.
EMMAUS MERSEYSIDE BALANCE SHEET ASAT31 MARCH 2024 2023 Notè$ Flx•d a88ets Tanglble assets 61,119 36,577 Currenl afj8•t8 Debtors Cash at bank and In hand 12 10.876 S45,449 6,164 433,805 556.325 439,969 Cr•dltors: amounts falllng due wlthln on8 year 14 83,110 47.896 Nel current ass8ts 473,215 392,073 Total a8sèls les8 eurronl IlobllllS¢s 534,334 428,850 Cr•dllor8: amounts folllng du• after more than one year 15 (46,600) Net a*•?t8 534,334 382,150 Th• funds of the charlty Roslrlcted funds Unre$lrlcted fund8 16 369,676 164,669 318.114 64,036 534,334 382,150 Thè company18 enlltled to the ex9ff11Qn from the audll requlremenl contalned In sedlon 477 of thè Cornpanle8 A¢t 2006, for thé year ended 31 March 2024. The dSr8Ctors acknowledge thelr responslbllRie8 for complying wilh the rnqulr8m8nts of tho Companles Acl 2006 wllh respeot to accounllng records and the preparat]on of flnanclal statemants. The memberg havè nol requlred th8 coryjany to oblaln on audlt of Sts financl81 slalamenls for Ihe year In qu88tlon In accordance wllh se¢llon 476. Thesg finand81 slatemènls have been Prepared In aceordance wilh the provision¥ eppllcable to companles subleel to the srnall ¢ompanies reglme. Tho financlal statem8nts were apwoved by the charlty on 9 December 2024 Mr PAdarn8 Twu8tee Ms J Henney Trusto• Company registration number 5075117 (England arKI Vvales)
EMMAUS MERSEYSIDE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Not•B Cash Ilow8 Irom operallng a¢llv111•8 Cash generated from oparatlons 20 152,397 49,746 Inv8$tlng actlvltle8 Purchas8 of langlb18 flx8d assets Inveslment Incom6 recelved (43.056) 2.303 {33,029) 170 N•t cash used In Inve8tlng actlvllles (40,753) {32,859) Nel cash u89d In flnan¢lng a¢tlvltloJ5 Nel Increase In Cash and ¢ash •qulvalents 111.644 16.887 Cash and cash equlvalents at bèglnnlng of year 433,805 416.918 Cash and cash oqulvalonts at end of y•ar 545.449 433,80S
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounllng pollcl88 Charlty Informatlon Emmaus Merseysida Is a privale company Mited by guarantee Incorporated Sn England and Wales. Emmaus Merseyside is a reglstered chaiity and th& member8 of Ihe company ara the Tru6te88. in th6 event of the company belng wound up, the IlabllSty In respect of th6 guaranlee is limited to £1 p8r member of Iho Company. The r8gisleRd office 18 11 th Floor, The Plaza, 100 Old Hall Street. Liverpool. L3 9QJ. 1.1 Ac¢ountln9 convention The financial st8lefflenls have b8en prépared In attordan¢e with Ihe charitys Igovemlng documentl, the Companles Act 2006, FRS 102 Yhe Fln8ndal Reportlng Standard appllcablg in Iha UK and Republic of Irèland" ('FRS 102.1 and the Charlties SORP "AcGounting and Reportlng by Ch8ritles: Sl8tem8nl of Recommendgd Pfactlce appllcable to charltles preparln9 Ihelr accounis in accordance wllh the Financlal Reporting Standard appllcable in the UK and Republic of Irelgnd (FRS 102>. (effecllve 1 January 2019), The Gharlty Is a Publlc Benefit Enllty as deflned by FRS 102. The flnan¢l81 slatements ar9 prepared kn 81erHng. whlch Is the lunctlonal ¢urr6ncy of Ihe charlty. Monelary amounts In Ihese Itnand818lalèm8n18 ar8 rounded to the nearesl £. The financlal statoments have béen pr8pgred und8r tho hl$torlcal cosl convenllon, [modified lo Include the rev8lu8llon of freehold propertie¥ and to Include Investmenl propgrUe$ and certaln flnanclal Instruments al falr value). The prlncipal accounllng pJbcie3 adopttsd are sel out below. 1.2 Golng concern At Ihe tlme of aPprong tha flnanclal slalemenls, Ihe charlly have a reagonable gxpeclallon Ihal the ch8rlty has adequate r8sources to conilnue In operallonal exlstence for the foTo$e6able future. Thu$ the Gharlty onllnuo to adopt Ihe golng Concern basls of aceounlin9 In preparing the flnancial statèm6nts. 1.3 Charllablg funds Uniestrlctad lunds are 8vallable for use at Ihe <th6cretion of tha ¢harlty In furtheraneè of their ¢harlt8ble objeclives, R6slricled funds are subject lo spednc eondlllons by donors or grantors as to how they may be used. The purpose8 and uses of Ihe reslricled funds are set oul In the notes lo the financlal slalements. Endowmenl funds a subJe¢l 10 6peclllc condllions by donors that tho capSlal nmjst be malnlalned by the Gharity. 1.4 Ineomo Incom8 Is recognised when the Gharlty Is legally enlilled to It afler any performan¢e ¢ondlilon8 have begn mel, the amounts can be measured reliably, and It Is probable that Income will be received. Cash don8tM)n8 are recognlsed on receipt. Other donations are recognlsgd onc8 the charity has been nollfled of the donallon. unless performance condlllons requlre d8f8rral ol Ihe amount, Income lax re¢over8bl& in relation to donallons reIVed under GIftAld or deeds of covenant Is recognrsed al the ilmo of the donatlon. Legacles are recognised on re¢eipl or otheNlse If Ihe charity has been notinad of an Impendlng dlslrlbullon. tha amount is known. and recelpt is expecled. If th9 amount Is not known, the legaGy' Ss Ireated as a conllngent asset.
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Aceountlng polltles (Contlnuod) 1.5 Expendlturo Expenditure Is recognlsed once there Is a legal or c(mstrudfve obligation to transfer economlo beneflt to a thlrd parly, It Is probable Ihat a transfer of e¢onoml¢ benefits wil be requlred In settlement, 8nt5 the amount of the obllgallon can be measured iellably. Expendltuie Is dasslfled by acllvlty. The costs of each acllvlty aré mad6 up of the lolal of dlrecl c08ts and shared costs, Includlng SUPPOrt costs involvod In dertakIng each acWvlty. Dlrect Costs attrlbulablg to a slngle acllvlty aro allocated dlrectly lo Ihal acuvlly. Shared costs whlch conlribule lo more than one acllvlty and support costs whlch aro not attrlbulable to a slnglo aclivlty are appoTlloned belween those acllvllles on 8 basls consist8nt wilh the use of re80ur¢es. Cenlral s18ff cost8 are allocated on tho basls of time spent, and depTgciallon ¢h8rges are allocated on the portion of the asset's. use. 1.6 Tanglblfy flxed a$sels Tangible fixed 8886tS are Inlilatly m888ured at cost and 8ubsequ8ndy rn8Bsur8d al cost or valuallon. nel of deprgclation and any Impalimenl losses. Deprfj¢lallon Is ro¢ognl8ed so as to wrlte off the ¢osl or valuatlon of ass6ts1885 thelr resldual values over Ihelr useful livès on lh6 followlng bases.. Flxlures and ffittlng8 Molor vehicle8 20•A.33.3% slfalgt Iln8 25% stralghl lino The gain or loss arising on Ihe disposal of an asset Is determined as the dlfferenG8 between the Sale proceeds 8nd the carrwng value of Ihe asset, and F8 recognlsed In the 8t8lemenl of financial 8cllvitles. 1.7 Impalrment of Ilxqd a$set8 Al each r8porllng end d8te, Ihe ¢harlty r6vlews Ihe ¢aTrylng amounts of Its 1gngSbl& assets to detèrmlne whether there is any Indleallon Ihat those a$sel$ havè suffered dn Impalrment 1088. If any Such Indlcatlon exlsls, the recoverable amounl of the asset Ss esllmeled In ord8r to determlne Ihe extent ol the Impalrmenl Ios8 (If any). 1.8 Cash and cash oqulval•nls Cagh and eash equivalents Indude cash in ha1. deposlis held al call wilh banks, other short-term Ilquld Investrnenl8 wllh orlglnal maludlies of Ihree monlhs or less. and bank oveTdi8ft8. Bank overdrafts gre shown thin borrowlngs In Gurrenl Ilabllllle6. 1.9 Flnanclal Instruments The charlty h88 elècted to apply the provl$lons of Seclion 11 'Baslc Flnan¢181 Inslrument5' and Socilon 12 'Olher Flnanclal Instruments Issues, of FRS 102 to all of Ils llnancial inslrurnents. Flnanclal Instruments are recognlsed In Ihe charl1$ baance sheel when th8 charfty be¢omes party to Ihe contractual provisions of Iho Inslrum8nt, Flnanclal assèts and liabllliles are offs¢t. with Ihe nel amounts presonled In the financlal statamants, when Ihere Is a18gally enforceable right to set off the regnIsed amounts and there Is an Intènlion to setlle on a nel basis or to realls6 the asset and settle the liabilily simultaneousty. Baslc flnantlal assels Baslc flnanclal asset8, which include d8btors and cath and bank balan¢&s. are Inlllally measured at Iransactlon prlce Includin9 Iransactlon cosls and are subsequenlty carried at amortis@d cost using the effecllve Interest method unless the 8riangem8nl conslilules a financlng transaction, where the transactlon Is measured al Ihe present value of the fU1u recelpts discounted at a market rata of Interest. Flnancial assets classified as receivable within one ye8r are not amortlsed. 10-
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Icontlnued) Baslc Ilnan¢lal Ilatsllltks Bas1¢ financlal Ilabililies, Indudlng ¢reditwJ and bank loans are Inlllally reco9nlsed al trans8Ctlon PTlco unless the arrangefflent conslilules a financlng transaction. where Ihe debl instrument Is measured at the presenl value ol Ihe futur8 paym8nls discounied al a markgl rat8 of Interest. Flnandal liabilities classified as payable wlthln one year are not amortlsed. Debl inBlrumènts ar8 subsequenlly carrfod at amortlsed cost, uslng the effecuve Intorèst ral8 method. Trade credltors are oblSgatlon8 lo pay for goods or servlc6s Ihal have been a¢qulred in th9 ordlnary course of opeTallon3 from suppller$, Amounts payable are classllled as curr&nl liabllitles If p8ym8nl is duo wllhin on& year or less. 11 not, they are presented as non-current liabi1S1198. Trade creditors are re¢oDnlsed Inltlally al transaclion prlc9 and subsequenlty moasured at 8mortl8ed cost using the effecllvè Int8résl metllod. D•r•cognl¢lon of flnanclal Ilabllltles Flnanclal Ilablllts are derecognlsed when the charlty'8 contractual obligallon8 oxplre or are dlsch8rg8d or C8nc6lled. 1.10 Employe• benofl18 The c08t of any unused hdlday entlllemenl18 recogn18ed In the perlod In whlch thg employe8'8 servlces are received. Tèrmln81Son benefits are recognlsed ImmedlateEy as an expens6 when Ihe ch8rlly Is demnstrably commltted tolormlnate the employment of an employee or to provldelorminalion benefits. 1.11 Retlremenl benollts Payments lo deflned contrlbulion retlrement bonefit 8ch8mes are charged as an expen89 as thgy fall due. CrfÈl¢oJl a¢¢ountlng esllmate8 andJudgement8 In the applicallon of Ihe charlty'8 accountlng policles, Ihe ¢harlty are requlred to make Judgem8nts, eslimales 8nd asAiJrnplions about the carrying amount of assels and Uabilitles Ihal are not readlly apparenl frorn othar sources. Thè osumates and associalÉd assumpllons are based on hlstorfcal 8xperl8nce and other faclors that arè conslderèd to b8 relevant. Actual resuls may dlffer from Ihese esllmates. The esllmales and urKleTtying assumptions are revlewed on an ongolNd ba81$. Revlslon$ to accounllng e$llm8tes are recognlsed In the perfod In whkh the estimate Is rovised whero the revlsion affecis only that perlod. or In the period of the revision and fulure perlod6 where iho revlslon affeols both current and future perlods. Income Irom donatlons and kgacles Unro8trlcted Restrlct funds lunds 2024 2024 Total Unrestrlcted Restrlcted ftsnds funds 2023 2023 Tolal 2024 2023 Donallons and glfts 323.366 114,386 437,752 273,663 86,934 340.597 323.366 114.386 437.752 273,663 66,934 340.597 11
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Incomo from donatlons and legacl•s Icontlnuad) Unr•strlcled Rèstrlctsd funds funds 2024 2024 Total Unrastrlcléd Restrlcled fundfj lund$ 2023 2023 Total 2024 2023 Donallon8 and elfts The S18V8 Morgan Foundallon The National Lottery Emmaus UK r.8 Solar Prolect Garden grinls Gym Equlpment and coachlng Sales of donated furnllura Olher 12,500 12.500 4,000 10.000 4,000 10,000 13,588 57,300 13.588 57.31X) 35.000 17,934 35,000 17,934 10.220 10,220 305,586 38,558 305.586 17,780 266,424 7,239 266,424 7.239 20.778 323,366 114.386 437,752 273,e63 86,934 340.597 Ineoma from ¢harltable actlvlllos R••trlct•d fund• 2024 R•81rl¢tod funds 2023 Ac¢ommodatlon Hou8lng benefft 228.587 185,377 Income from Invoitmgnts Unr¢strlct8d Unrestrl¢tod funds funds 2024 2023 Interest Tecehabl8 2,303 170 12-
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Exp•ndlturè on rolslfig funds Vnrestrlct•d Unre$lrlcted funds funds 2024 2023 Fundralslng and publlclty Advertislng 1,491 543 Expendltura on charltobb aCtitIO8 TiadlngA¢¢ornmodo tlon 2024 Total TradlngA¢¢ommoda tlon 2023 Total 2024 2024 2023 2023 Dlroct C08ts Staff costs D8preolalion 8nd Imp8lrment Gengral expanses Renl and rales Companlon AIIow8nc8s Bank charge8 Repalrs and renewals Computer gnd lelephong Insurance Llghl and heal PrSnllng, p081age and statlonery Intere61 payable Cosl of sales Advertl$lng and promolSon Motor 8nd travel exp8nsè8 Food G8rdgnlng 60.566 106,461 167.027 8,009 140,077 146,086 18,514 1.672 26.500 76.301 570 7.613 7.960 4,683 11,164 18,514 3.343 107,014 81.027 1.140 14.350 15,920 9.328 39.160 10,370 4,283 27.588 10,370 6,637 104,501 31.588 499 7.972 17.407 6,935 {731) 1,671 80.514 4,728 570 6.737 7.960 4.663 27.996 2,354 76.913 31,688 249 25Q 7,972 17.407 6.935 (11,341) 10,610 2,822 1.478 1.115 2,807 1,478 5,829 2.956 1.115 3,346 942 4,646 292 942 3,638 1,884 4,648 338 338 2,685 2,585 14,887 2,008 22.406 16,693 22,406 5,223 12.785 12.785 14,889 8.832 14,889 5,223 8,832 241,186 269,995 511,181 102,609 277,912 380.521 Share of support and governance $ts (see noto ) Govemance 883 1,766 2.554 2,554 242.069 270.878 512.947 102,609 280.466 383,075 Analy$15 by fund Unrestrlcted funds Rg¥lricted funds 223,555 18,514 223.555 289,392 94.513 8.096 141,019 139,447 235,532 147,543 270,878 242,069 270.878 512.947 102,609 280,466 383,075 13-
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charlty Nong ol Ihe charlty (or any person8 connecl8d Mryth them) received any remunoralion or b8nenls from Ihg charity durlng lh& year. Employaès The av8rag• monthty number of 8mploye88 dUrIa the year wa& 2024 Numb•r 2023 Number Employment cost• 2024 2023 $18ff costs 167,027 148.086 There w6r8 no 8mploy88s whose annual remunerallon was rnoré Ihan £60,0(M). Remunerallon of k•y managomént personnol Durtng the year, no Truslees re¢8lvod any remunerallon or olher benofi1812023'. £NIL}. Durtng the year ended 31 March 2024. r Tru8teo expense6 have been Incurred {2023.' £NIL) 10 Tax•llon Thg charlty18 exempt from taxatlon on its aclivlties because all Its In¢om8 is applled for charitable puTpose3. 11 Tanglbh flxed assets Flxtur•# and flttlngs MotOT v•hl¢lè• Tot•1 Cost Al 1 Aprll 2023 Addillons 156.924 36.555 52.428 6.51JO 209,352 43,055 Al 31 March 2024 193.479 58,928 252,407 Doproclallon and Impaimient Al 1 Aprll 2023 Dèpredalion charged In the year 142.951 11,3T8 29,824 7,135 172,775 18,613 Al 31 March 2024 154,329 36,959 191,288 Corrylng amount At 31 Mar¢h 2024 39,150 21.969 61.119 At 31 March 2023 13,973 22.604 36.577 14-
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Dèbtors 2024 2023 Amounts falllng due wlthln ¢)ne year: Olhgr dèbtors Prepayment8 and accrued Income 3,154 7,722 3,065 3.099 10,878 6,164 13 Loans and C*v•rdraft8 2024 2023 Bank knans 48,000 48,000 Payable thIn one year Payable after one y8ar 48,000 1,500 46.500 Thg loan Is repayable In full In 2024. 14 Crodltors: amounts falllng due wlthln one yoar 2024 2023 Not•8 Bank108n8 Olh8r taxallon and soclal 8ecwlty Trade créditors Other credllora Accruals and deferr6d In¢omè 13 48.000 1,500 1,110 1.135 44,144 1.198 33,904 83.110 47,896 16 Cr6dltors: amounts falllng due after morn than one year 2024 2023 NotOS Bank loans 13 46,500 15-
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Re8trlcted fund8 The re8lrlcted funds of thg tharlty compr1$8 the un8xpend9d balancas of d¢)nallons ond grants h8ld trust $ublecl to specific condillons by donors 8s lo how they may b8 used, At 1 Aprll 2023 Incomlng resources Resources expgnded Tran¥forg At 31 March 2024 Resid8nll81 Income The Sleve Morgan Foundallon The Nallonal Lottery R8sld8nllal Income Clolhworker8 Olher granls and donallons Albert Hunt- garden Emmaus UK Solar Prolocl Flxed a8s61 fund Sport England Alb8rt Gubay 199,429 228,667 12,500 (197,7891 {12.5001 {10.000> 12.653 240,860 10.000 44.305 44,305 {6,5001 27,366 7.300 27.366 7.000 {7.300) (6,500) (7.000) {27,803) 27,803 36.577 {25.910) 24.541 14.784) (25,9101 61.118 (1,5641 30,000 10.220 50,000 (7,000) {20,OOQ) 318,114 340,953 {289,392) 369,675 Pr•vlouJ year: At 1 Aprll 2022 Incomlng rèsources R¢$ources •xpendod Transfers At 31 March 2023 Resldenll81 Income The Steve Morgan Foundation Th8 Nallonal Lotiery Re8ldenll81 incom8 Garden grants Emmaus UK Solar ProJe¢l Flxed asset fund 199.429 199,429 4,000 10,(KIO 185,377 17,934 35.000 (4.000) 10,000 44,305 (125,609) (17.934) (1 5,463) (7,1971 22,660 27,803 36,577 13.917 213.346 252.311 (147,543) 318,114 Th9 Sports England gr8nl was for the purchase of Gym Equlpm@nL Tho Clothworkérs grant for nBW lavmmow8r equlpment. The Albert Hunt grant w88 to go towards Horticultural projects. Th9 Stèv8 Morgan grant was to pay a yeats 8818ry for an enwloyee. ThaAb8rt Gubay Grant was towards lh6 d6v8lopm8nt of the tralnlng and Cornmlty bulldlrKJ. 16-
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Unrestrlcted funds Tho unreslrlcled funds of the ch8TIty coryrlse the un8xpend8d balances of donatlon8 and grants whl¢h ar8 not sublect to spe¢lfic condlllon$ by donors and grantors as to how they may be used. These include deslgna18d funds whlch have been sel aslde out of (mreslrtcled funds by Ihe trustees for 5peclfi¢ purposes. Al 1 Aprll 2023 Ineomlng Resourcès Al 31 March rogourcets QXPonded 2024 Gener81 Fundg- all lund8 Glft Aid Income Sales of donal8d Iterns other revenu8 8,576 6,022 11,758 305,586 2.303 14,598 {11,768) {210.9851 {2.303) 55,460 150,061 64.038 325.669 {225.046) 164,659 Prwlous year: Al 1 Aprll 2022 Incomlng R080ur¢es At 31 March ro$our¢o6 expended 2023 General Fund8. all lunds Glft Ald Incomo Sel&$ of donated Items Intèr6s1 rèeelved 8.576 8,578 7,239 286,424 170 {7.239) {228.666> (170) 17,702 55,460 26.278 273,833 <236.075) 64.036 18 Analy$l$ of net 43Sg1$ belwe•n funds Unro$trfcted funds 2024 Rostrlctod funds 2024 Total 2024 Fund balances at 31 March 2024 ai• represenled by: Tengible 855els Currènl asselsl{Ilabllllles) 61,119 308,566 61,119 473,215 164.659 164,659 369,675 534,334 17-
EMMAUS MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Analys18 of n•1 assets between funds (Contlnued) Unr88trlctéd funds 2023 Rostrlcled funds 2023 Total 2023 Fund balan¢es al 31 March 2023 are r•pres?nled by: Tanglblo assets Curronl a6selsl{Ilabilllies) Long tèrm Ilabllllles 36.577 328,037 {46.500) 36,577 392.073 {46.500) 64,036 64,036 318.114 382.150 19 R•lat•d party transactlon8 Thar8 ware no d18¢1osable relatod party transa¢llon8 durlng the year (2023- none). 20 Cash genoraied from operatlon8 2024 2023 Surplu$ for the year 152,184 142,526 Adju81menls for.. Inveslment Income recognlsed ID slalemont of flnandal aGt+vities Dgpreclalion and Impalrmenl of tanglble fixed asse18 (2,303) 18.614 (170) 10,370 Movements in worklng ¢apltal." (Increase) Sn dabtOTS (Décreaseyin¢rea88 In credllors <4.712> 111.288) (6,164) 46,396 Cash g•nerat¢d from operatlons 152,397 192,958 21 Analysls of changes In nèt lund8 AI 1 ApTII 2023 C••h flow•AI 31 March 2024 Ca6h at bank and in hand 433,805 111,644 545.449 Loan8 falllng dua wllhln onb year Loan8 falllng due after morn than one year (1,500) (46,500) (46.500) 46.500 (48,000) 3B5,805 111.644 497,449 18-