REGISTERED CHARITY NUMBER- 1121927 ort ofthe Trust Unau ited Financlal Statements forth Y ded 31st March 2024 Emer OCG AccDuntsntS Ltd Biz Hub Tees Valley Belasis Hall Technology Park Coxwold Wav Billingham Co. Durham T523 4EA
Emer Contents of the Fln8n ements fortheyear Ended 1st March 2024 Page Report of the Trustees I to 3 Independent Examinerfs R@PDrt Ststement of Flnancial Activiti 8alance Sheet Notesto the Fin8nt1815tatsrnents 7 to 11 Detsiled Statetnent of Financial Attivities 12 to 13
Eme of the Trustees h Year En Mèrch 2024 for The trustees present their report wlth the financial 5tstements of the charityforthe year ertded 31st March 2024. The truttees have adopted the provision5 0* Accounting and Reporting by crities.. Statemènt of Recommended Pr8Cti¢e pplicable to th8ritie5 preparing their accounts in acccirdance with the FIrncIal Reporting standard applicablÈ in the UK and Republlc of Ireland (FR5 1021 leffective l January 20191. OBJECTIVE5AND AcfiviTIES The charity's objeciiv& are the relief of poverty hardshlp 8nd distress and the relief of sicknÈss èrnong per50n5 suffering the eftects of substance 8buse ordependency. ACHIEVEM£NT5AND PERFORWINCE Charitablè è¢tiwties The main actiwties undertaken bythe charity are thÈ provision of accommodation and hdp for individuals with a wide range of issues. including homelessness, alrohol and substsnce misuse and addiction by encour8ging them to progress towards Independen. FINANCIAL REVIEW Going concern The Trustee5 have 8cknowledged that Since the de4th of Mr Phillips in 2024. the Charity h35 struggled to meet its contractual requirernents both In tèrms of In repayment5 and income. Other challenges havÈ arisen during the pasttwo ye3rs thich were unforeseen 3tthe tlme of Mr Phillips, de8th. With this in rnind. Mr Phillips, Estate h45 Put in platr a policy of liquidating several prDpert1 that he owned, including some of the ones used by the Charity. This will lead to loans that are owed to the Charity being repaid as well as le pressure on £hIlW goingforward. The completion of these sales is experted In QI of 2026 and further update5 wll be Eiven in the 2026 accounts. 5rRUURE. GOVERNANCEAND MANAGEMENT Governing document The charity 15 coritrolled by its 8overnin8 document, a deed of trust and constitutes 4n unincorporated ¢harity. Xey martagemÈnt reMneralOn No employees have received remuneration greaterth8n £60,000. REFERENCE AND ADMINISTRATtVE DETAILS Re8iStered Charity number 1121927 Prlnthpal addrèss 37 Grove Avenue Coombe Dingle BS9 2RP Page I
Emer thÈ Trustees ded 31 for the YÈar 2024 Trustees G Phillips Idetea5ed 9.6.231 CLLias Trustees, Report For ihe year Ènded 31 MÈrch 2024 ReferÈn¢e and Administrative Details Ch3rity Name.. Emerge Charity Governing Document.. Trust Deed Trustees durlng the period.. o Christina Lias (Trusteel o Adam Rutherford IActing /TernporaryTrustee during the pÈriDdl Structure, GovÈrnance and ManagÈment Emerge Charity is governed by its Trust Dee(J and managed by the Trustees, who are responslble for the sir3teglc directlon. govern3ntr, 3nd financial oversight ofthe tharity. During thefinancial ye3r 202>2024, Chrlstina Lias Served as Trustee, with Adam Rutherford acting Ès B temporary stand-in trustee to Ènsure coniinuity of gtsvÈrnance. During the ye3r, the Twstees Identrfi&d thÈ nÈed to strengthen govemance arrangements and agreed that the ClrIty would seek to recruit thoe additional trustees during 2024 to broèden skills, experience. and resilience within the Board. Objertives and Attiwties The charity eStS to provide meaningful support, connettian. Ènd stability for indiwduals who are vulnerable or socially isolated. A ¢entr31 focus of Emerge's work is to create a Safe. welcoming environment that promotes wÈllbeinE, community. and recovery. A key weekly activity rÈm&ins the Monday morning Coffee moming, which continues to be well 8ttended by clients and forms the heart of community lifÈ within the service. These sessions PTovide roLrtine, so¢ial connection, and 8 supportive environment where individuals feel safe and valued. The coffee mornlng Is led by Rosie from the Solvation Arrny, whose involvement continues to be hlEhly valued. Feedback frum clients 3nd those involved indirates that the coffee momlng is a positive and Inclusive spice where people feel comfortable and supported. Refiection on the Charity's Development During the year, Trustees and staff reflected on thè lasting impart of the charity's ftrunder, Gerry Phillips. and a£knoedged the signifitsnt change fett slnce his passing. While his absencÈ continue5 to be deeply felt, the charity remains comfflitted to honouring hi5 legary by In1n1ng Emerge's core purpose and vèlues. Emprge continues to operate as an abstTnence-bè5ed charity, with è clear focus on saving lives, promoting recovery, and providing a supportive ¢ommunityfor those who need it m05t. Fulure plan5 Looking ahead, the Tru5tee5' priorities Include.. o Recruiting additional trustee5 to Strengthen governante ènd sustainability o Developing structured fvndr4ising initiatives in collaboration with cllents o Maintaining and strengthening the toffee moming as a cornerstone activity o PrÈsÈrving ihe ¢harity'sfounding ethos whale ensurin$ lon8-tÈrm stability TnJstÈès' Responsibilities The Trustees are responsible for prep8rin8 the Tru5tees' Report and financièl Staments in accordance with pplicablÈ law and regulation5. The Trustee5 conflmi that the report has been prepared in atcord3nce with the Charities Act and relevant accounting 5tandard5. Page 2
Em e Year Ended 3tstMa REFErtEN AND ADMINISTRAllVE DEfAILS IndependerrtExaminer Paul Sparks Chet)ey & Co 310WellingboTough Rpad NDrthampton NN14EP Approved by order of the board of trustees on..... nd 51gned on tts.behèlf bw. C L Lfjas-Tntee Page 3
Inde endent E amlner. Eme ort theTrustees of IndependÈnt examiner's reportto the trustees of Ernerge I report to the charity trustees on rny examination of the accounts of Emerge (the Tru5tl forthe year ended 31st March 2024. Resp0Tr5ibilities and basis of report the ch8rty trustees of the Trust you are sponSIble for the pparation of the Sccounts in accordance with the quireMertts of the Ch3ritie5 Act 20111'the Act'l. I report in respect of rny examination of the Trust's 8¢counts rrIed out under Settion 145 of the Att and in carrying out mv examination I have followed 311 applicable Diroctions gnien bythe Ch8rty Commlssion under Settion 14515llbl of the Act. Independent examineV5 Statement. matters of wncem Fdentified Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undert8ke the examination because l am 3 member of the Institute of Ch3rtered Accountants in England and Wales, which is one of the listed bodies. I have completed my exarninatlDn. Eluring the review of the financial statements there has been sorne confusion of the payment of the PAYE. which due to the death of one of the trustees has not been paid for earlier years. The balance outstènding èt 31tt March 2024 w85 £64,604. The HMRC have tried to chase with regard5 to this. but had been ringing the deceased trustee. This ha5 now been discussed with the remaining trustees, who are now in discussion with the HMRC to resolve the rnatter. These financial st3t@rnents do not refiert 8ny 3dlustment should the charity not be supported with wying the PAYE arrezrs or any interest that might be levled for th outstanding debt. I confirm that no other matters have Come ts my attention that give me cause to believe that in any rnaterial respert- accounting records were not kept in speCt of theTru5t as required by Settion 130 of the Att,. or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Charlties (Accounts and Reports) Regulations 2008 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. I confirm that there are no other matter5 to which your attention should be drawn to enable 8 proper understsndlng of the ccounts to be reached. P A Spark5 The Instfcute of Chartered Accountants in England and Wales Cheney & Co 310 Wellingborough Road Northzmpton NNI 4EP Oate.. Page 4
Statem nt of Finanti ctivi f rthey rEn ed 31 March 2024 2024 Unrestricted fund 2023 Total funds Note5 INCOMEAND ENDOWMENTS FROM Othertrading attivities 369,772 355,551 EXPENDITURE ON Raising funds 238.237 139,100 orher 69,297 283,152 Ttst 307534 422.252 NET INCOMEIIEXPENDITUREI 62.238 166,70LI RECONCtLIATION OF FUNDS Total funds brought forward 1213,2871 1146,5861 TOTAL FUNDS CARRIED FORWARD 151,0491 1213,2871 The notes form part of these fin3nci81 statements Page 5
Qa13n esn 31st Marth 2024 2024 Unrestticted fund 2023 Totsl funds Notes FIXEDA55Ers TaneiblE x%sets 1,547 2.276 CURRENT ASSErs Debtors Cash at bank 12.055 79,998 493.101 2.121 92.053 495.222 CREDrroRS Arncvnts fallln8duewthin one year 1232.2141 1678,3981 cuRRENT AssEYsIIUABILmESI 1140.1611 1183,1761 TOTALASSETS LESSCURRENT LIABILlEs 1138.6141 1180.9001 cREDOR$ Amounts falling due after more than oTre year io 112,4351 132,38?) NET ASSEr¥lUABILITIESI 1151.0491 1213.2871 FUND5 Unr&trtctsd funds 151,0491 1213,2871 TOTALFUNDS 1151,0491 1213,2871 stateTnents were 3pproved by thÈ Bttard of TTUStee5 and authorised for i55ue OD . and were signed on Its bphalf bv.. C L lias-Tru< The notesform partof these fin3na31 statements PaEe 6
mer NotÈs t h Financi ts for th Year Ended 31rt M h 2024 ACCOUNTING POLiaES BASIS OF PREPARING THE PINANUAL STATEMEr5 The fin3nclal ttatÈrnents of the Charity. which is a public benefit entity under FRS 102, have been preparÈd in accordance with the arItieS SORP IFRS 1021 'Accounting and Reporting by CPritIeS.. Statement of Recornmended Practice applicable to charities prep3ring their actounts in accordance with the Financial R&porting Standard applicable in the UK and Republic of Ireland IFRS 1021 lÈffettive l J8nJ3ry 20191,, Financial Reporting StaDd3rd 102'The Financial Reporting Stsndard applicable in the UK and Republic o Ireland, and the Charities Act 2011. The financial statements have been prepared underthe historical cost convention. The financlal statÈment5 are presented in pounds steding (£1, whKh Is the chartty'5 funttional currency. INCOME All income is recogniserj in the Statement of Financial Activities once the tharity has entitlement to the funds, it is probable thatthe income will bÈ retÈived and the amount csn be measured reliably. ExPENDVRE Liabilities are rÈtognised 35 expenditure è5 500n as there is a legal or constructive obligation committing the harity to that expÈnditure, it is probable th8t a transfÈr of economic benefits will be required in settlement and thÈ amount o the obligation tan be measurp.d reliably. Expenditu Is accounted for Dn an atcruals basi5 ènd has been Classified under headings that agegate all cost related to the category. Where costs cannot be directly attributed io p3rticul8r headings they have been 8llo£ated to activlties on a basis consistÈnt with the Use DI resource TANGIBLE FIXEDASSnS Depr2ciation is provided at the following annual rates in orderto write off tyach asset over Its estimÈted useful Comptsterequipment 33% on cott TAXATION The charity is exempt from tax on its tharitable activities. FUND ACCOUNTING Unrestricted funds can be used in accordance with the charitsble objectives atthe dlscretion of the tnJste¥. Restricted funds can only bè used for particular StrICted purposes within the objects of the charity. Restrittions arise when specified by the donor or when funds are raised for partitular re5trirted purposes. Further expl8nètion of the nature and purpose of each fund is induded itt the notes to the financial statemènts. HIRE PURCHASE AND LWING COMMITMENTS Rentsls paid under operatlng leases are charged to the Statement of Financial Artivities on a straight line basis overthe period of the lease. PENSION cosrs AND OTHER POST-RETrREMENT BENEFITS The thèrity operatÈs a defined ¢ontribution pension scheme. Contobutions payable to the charitys pension scheme are charged to the Statement of Financlal AttlvSles in the period to whith they relate. GOING CONCERN The ¢haTty'5 financi415t6tements have been prep4red on the going concern basis, an in the oplnion of the Trustees, the charity will continue to trade for a period of twelve months following the approval of these rinanri31 statements and rontinuingto TecEive the 5UPPOrt vf the creditors. P8gE 7 tDntinued...
Eme NotÈs the Fin8ncsal Statern nts- contin ed 3tst M rch 2024 OTHER TPADING ACTivmES 2024 2023 Income 269,772 355.551 RAISING FUNDS RAISING DONATIONSAND LEGACIES 2024 2023 Support ¢osts 14.5001 TRUSTEES, REMUNERATION AND BENEFrrs There weTe no trustees, remuneiatiDn or other bÈJ)Èfrts for the year ended 31st Mar£h 2024 nor for the year ended 31st March 2023. TRUSTEES, EKPENSES There were no tru5tees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st Mard) 2023. CDMPARAT]VES FOR THESTATEMENTOF HNANCIALACTIvlEs Unrestricted fund INCOME AND ENDOWMENTS FROM OthÈrtradinE activities 355,551 EXPENDrruRE ON Raising funds 139.100 Other 283,152 Total 422,252 NEY INCOMe/iEXPENtsITUREI 166.7011 RECONCILIATION OF FVNDS Total funds brought forward IL46,5861 TOTAL FUNDS CARRIED FORWARD 1213.2871 Page 8 confjnued...
Em& Notes to the Fina al Statements- forthey r Ended 31st March ntlnued 024 TANGIBLE FtXED ASSErs Flxturos and fittings Computer equipment TDtals cogr At IstApril 2023 and 31st Mèrch 2024 5,905 1,718 7,623 DEPIIECIATION At tst April 2023 Charge forye8r 3,971 387 lJ76 342 5.347 729 At 31st March 2024 4,358 1,718 6,076 NETBOOKVAWE At 31st March 2024 1.547 1,547 At 31st March 2023 1.934 342 2,276 DEBTORS: AMOUNTS FALLING DUE WH1N ONEYEAR 2024 2023 Other debtors Prepayments and accrued income 493.101 12,055 12,055 493.101 CJSH AT BANK Cash at bank and in hand comprises cash held on deposit with banks ènd available on dend. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONEYEAR 2024 2023 nk loan5 and overdrafts (see note 111 Taxètion and sotial security Other creditors 10.000 64,604 157,610 37,837 640,561 232,214 678.398 PaEe 9 continued...
Em o thÈ Financial S forthe Y tements- contln 31st March 2024 io. CREDITORS.. AMOUNfs FALUNG DLIEAFfER MORE THAN ONEYEAR 2024 2023 Bank loon5 Isee note 111 11435 32.387 ii. LOAN5 An analysis of the trity of loan5 15 given below.. 2024 2023 Amountsf811ing due within one year on demand.. Bank loans 10,000 Amounts falllng between one and two yeaTS'. Bank103ns- 1-2 YÈaTS 12,435 32,387 12. MOVEME IN FUNDS Net movement in fund5 At 31.3.24 At 1.4.23 Unrestricted fitnds GÈn@ral fund 1213.2871 62,238 1151,0491 TOTAL FUNDS 1213,2871 62.238 115J.0491 Net movement ID funds. included in the abDVÈ are as follow5.. Inc)ming r¥ourre5 Resources expended ovÈment in funds Unrestrlcted funds General fund 369,772 1307.5341 62,238 TOTAL FVNDS 369,772 1307,5341 62.238 Comparativesfor movÈme#t in funds Net Movement In funds At 31.3.23 At 1.4.22 Unrestricted funds Generèl fund 1146,5861 166,7011 1213,2871 TOTALFUNDS 1146,5861 166.7011 1213,2B71 Page 10 ContirTru...
Emer tes to he Finan 15t8tem forthe Year Ended 31st March 2 inued mOVEmEh IN FiJNDS- contlnued ComparatNe net movement in funds, IncludÈd in the above are a5 follows: Incoming rèsour5 Resources expended Movement in funds Vnrestricted funds General fund 355,551 1422.2521 166,7011 TOTAL FUNOS 355,551 1422,2521 166,7011 A current year 12 months and prioryear 12 months tombined position is a5 follow5.. Net movement in funds At 31.3.24 At 1.4.22 Unre5trlrted fvnds General fund 1146,5861 14.4631 1151,0491 TOTAL FUNDS 1146,5861 14,4631 1151,0491 A turnt year 12 months and PriDr ¥Èar 12 rnonths combined net movement in funds, Included in the 8bove are asfollows.. Incoming re5Durces Resources Èxpended Movernent in funds Unrestricted funds General fund 725,323 1729.7861 14.4631 TOTAL FUNOS 725.323 1729.7861 14.4631 13. RELATED PARTY DISCLOSURES At the year end the Charity owed £128,763 12023.. £233,1561 to Acorn Qre Providers Ltd, a company that one of the Trustees is a director. At the year end the clkrity owed £8.154 12023,. £173.93n to Top Drawer Propertles Ltd, 8 Company that trne of the TrusteÈs Is a direttor. At the veèr end the (rity owed £11,000 12023.. £145,850) to Cherry Orchards Care Ltd, a company th8t one of the Trustees is a direttor. Since the death of Mr G Phillips terms are yet to be agreed on the above loans. There arÈ no security or guarontee5 on these loaD5. Page 11
Emer iled 5t3t he Year Ended nantl81 Activiti st Mèrch 2024 2023 INCOMEAND ENDOWMENTS Othertradingactivitles Income 369,772 3S5,551 Total Incomitt£ resources 369.772 355,551 ExPENDURE Othertrading actiuities Pensions OthÈr operatin8 lease5 58 36,300 139.100 36,358 139,100 Other Repèirs and renewals Professional fees Bank loan interest Interest payablè SO,461 1,374 749 12,849 57,858 930 863 2.510 65,433 62,161 Support Costs Management Wages Social security Pensions Rates 3nd water Insurance ght and heat TelephonÈ Postage and statiDnery Sundrie5 104,886 5,648 2.095 23.062 3,983 47,224 9,164 L41,206 1,307 7.647 39,562 4,511 17 1,289 572 120 14,074 120 Cofflputer costs 198.043 208,444 Fjnance Bank charges 432 Other subscriptions xtures and fittings Cotnputer equipment 875 387 342 5.112 This page does not form part ofthestarutoryflnanci81 ststements P3Ee 12
Emer Det il d Statement f FirAntial A for the Year End 31st March 2 2024 2023 other GovernantÈ tty5ts Acctsuntancy 5,6&T 5,725 Total resources expended 307,534 422,252 Net Int0mè/lpenditur¢j 62,238 166,7011 Thls page do@s not form part of the ttatuttyry tinancial statements Pège 13