emmaus COMPANY NUMBER: 06686196 Suf,folk CIIARITY COMMISSION NUMBER: 1228051 Emmaus Suffolk Limited (A registered Charity 2nd Company Limited by Guarantee) Report and Financial Statements Year ended 30 September 2020
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1WOsr2021 COMPANIES HOUSE A23
Emmaus Suffolk Limited (A company limited by guarantee) Financial Statements Year ended 30 September 2020 CoDtents Page Charity infonnation Truste¢s' report Independent ¢xamin¢rfs rcp)rt Statement of financial activities io Balance sheet Noles to the financial statem¢nts 12
Emmaus Suffolk Limit¢d (A company limited by guarantee) FIanciAl Statements Year ended 30 September 2020 Cbydrity information Regislered Charity name Emmaus Suffolk Limited . Charity number 1228051 Company registration number 06686196 Principal and registered office 216 Dales Road Ipswich Suffolk IPI 4JY Truslees S Bigley H Cadman B Chandler S Cook c tkvlin V Fennell T L Pinter R Quinc¢ A Ruia J Wakelam Chief executive C Staddon Indep¢nd¢nt examiner Kat¢ R05t¢n FCA cfA Jonathan Penn and Company Haughl¢y Stowmarkct Suffolk IP14 3PJ
Emmaus Su(folk Limited (A company limited by guarantee) Trustees, Annual Report Year eDded 30 September 2020 Th¢ trustes are pl¢as¢d to present their annual dire¢iors' report together with the unaudiied financial statements of the charity for the year ending 30 Septemlrr 2020. This report is also a Directors, report required by Section 417 of the Companies Aci as all Trustees are Directors. The fil¢11 statements comply with the Charities Act 2011. the Companie5 Act 2(M)6. th¢ Memorandum and Articles of ASsLation, atml Accounting and Reporting by Charities.. Statement of Recommended Practice applicable tt) charities preparing their accounts in a¢cordanc¢ with the Financial Rwrting Sthndard applicabl¢ in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing from l January 2016). Cbair's Report- 2019n020 The past year has not been what anyone would have expec*d. However. despite the Pandemic, lockdowns and restrictions in what has been a"norni81" year we have continued our core work of offering meaningful activity for homele$4 socially-isolat¢d and otherwise vulnerable peopl¢. The support to our Companions and Volunteers h&s continued but in new and different ways and we have worked directly with 132 individuals= We have seen the successful openin8 of our first Community Hous¢. during the first lockdown, in which we have been strongly supported by The Flagship Housing Group and their Maintenance Contractor RFr. We have wovided 1449 of our ground breaking Mental Health Packs. to vulnerable people in Ipswich. Felixstowe and elsewh¢r¢ in the East of Suffolk. W¢ know from f¢¢dback how much they have meani for people, who have felt so isolated during this most difficult of times. Our hubs at The Dales Ipswich and Great Eastern Square Felixstowe whilst being closed for retail much of th¢ time have continued to provide suptM)rt to companions and volunteers on site in a SiallY dlstanced way. Our support team stayed in touch with self isolating companions and volunteers through regular phone calls. Our Retsil Team have moved our retail offer on line. It has been possible to expand our offer in the centre of Ipswich as Sailmakers have provided another unit. which we are using as an up cycling aftd crnfting workshop. and Ipswich Borough Council has leased a warehouse to Emmaus Suffolk from which fvrniture is sold. something that we had limited capacity to offer before. Th¢ fact that the charity has been able. not only to SUTViVe but thrive in the m05t difficult op¢ratin8 environment is due in large part to the hard worK commitsnent and the innovative approaches taken by our dedicated staff t¢am who have stepd and adapted swiftly to the situation in sensitive caring ways. Whilst income, through our social enterprises has been very limited over the year a number of grants from a range oforganisations including The Suffolk Community Foundation. Ipswich Borough Council and Felixs¢ow¢ Town Council alongside those provided by Government and supw)rt in others ways from other organisation including The East of England Co Op, John Grose. Archway Carpets and Hudson Signs. We are deepty grate1 to all the organisation& which have provided supporL which has ¢nabl¢d us to help more people. broadened our offer and strengthen th¢ Charity's financlal positlon.
Emmaus Suffolk Limited (A company limited by guarantee) Trustees. Annugl Report Year ended 31) September 2020 Finally, I would like to say thank you all of our companions. custlmners. the staff team. volunteers the local communities and board members for their work and comrnitment to Emmaus Suffolk. In the COTning Y we are aiming tt) extend our offer of supwrt to fomally homeless s¢xially isolated and otherwise vulnerable people as we celebrate our 5th Anniversary in 2021. Stephen Cwk Chair of Tru5tt We would like to thank all our principle funders for all their support this year. Big Lnttery Covid-19 Fund Big Lttery Community Fund DCMS Fundlng School for Social Entrepreneurs Homeless Link Dulverton Tntst Beatrice tAng Trust Funds awarded by Suffolk Foundation Covid-19 Emergency Fund LEP fvnd o Police Crirne Commissioners Fund o Hopkins Homes fund Suffolk FoTrJ and Drink Fund Realising Futures Fund Felixstowe Town Council Covid-19 Fund Kate and Tim Mason Rabble Chorus Crane Fund for Widows and Children IBC Community C&sh Robert Gouch Trust East of England Co-op- In kind funding Hudson Sign$- In kind funding John Gro Ford- In kind funding
Emmaus Suffolk Limited (A company limited by guarantee) Trustees, Annual Rtport Year ended 30 September 2020 Objectives and Activiti The objects of the charity as set out in th¢ compan$ memorandum and articks of assoctation are the alleviation and relief of poverty, hardship and distres& in confomiance with the Ernmaus movement. The principal activity of the company is ihe estsblisthent of a social enterprise to support the horn¢le&s. It conlinued to receive som¢ donations for this aim during the year. Financial Review Going Concern After making appropriate enquiries, the trustees have a reasonable expectation that th¢ ¢harity has ad¢quat¢ resources to continue in operational exist¢n¢¢ for th¢ for¢sttable fvttJr¢. For this rwon. they wntinue to adopt the going concern basis in preparing the financial statements. Results ofiheye4r The results of the yearare set out in the attached financial statements. Emmaus Suffolk receives no core funding and 25.4% (2019- 53.3•/0)of income is gen¢Tatd through social enterprise& the remainder Coming from geneTal donations, grants and fundraising activities. During the year the income from social enterprises decreased to £112,299 {2019 - £143,267). This was as a result of the Covid r¢strictions in place. Th¢ charity has s¢¢n an in¢r¢ase in income from donations and grants to £315.587 (2019- £111,538). This has resulted in a net in¢rtas¢ in funds of £186.984 (2019- £40.453)- The Trustees have agreed ihat the charity should hold 3 months operating expenses in reserve. Structure, Governaoce and Management Emmaus Suffolk Ltd is a company limited by guarantee governed by its Memorandum and Articles of Association. It is registered as a charity with the Charity Comrnission. Meihodofappoinlment or eleetion of Trxstses The Charitable Company is directed by a Board of Trustees who are elected and oFopted under the ternis of the Memorandum and Articles of Association. Trustee norninations must be approved by existing Trustees. TSte¢S giv¢ th¢ir time voluntarily and r¢ttive no benefits from the Clwity. Orgonualion41 ondslructure/deeision kIng The Senior Management Team (SMT) oversee the day to day running of the organisation. The Chief Executive focuses on developing future opportunitt¢s. to meet the Charity's objectives and expand ihe %)cial enterprises. and oversees the running of the core Charity and 5ervice5 delivery. The Community Manager oversees and d¢v¢lops th¢ charitsble support offer¢d to the volunteer body and th¢ R¢tail Manager is responsible for th¢ overall income generaiion of the social enterprises. There are weekly medings ofthe SMT and Retail Team (including members of theNon Residential Companion body) and a quarterly retail practi¢¢5 and best practice m¢¢ting. The Board of Trustees meets bi-monthly to review strategic decisions. financial perfoTmance and risks. The Chief Exe¢ulive and one other member of the l¢ad¢rship team attend th¢s¢ meetings and where possible a volunteer representative. Between board rneetings the Chair and Treasurer meet regularly with the Chief Executive and Tntste¢s are involved in Sub committees as required. There is an Annual Strat¢gi¢ Review Day attended by the full SMT and retail staff t¢am.
Emm4us Suffolk Limited {A company limited by gurntee) Trustees. Annual Report Yelr ended 30 September 2020 Aisk Management The Trustees regularly revi¢w their w>licy and pr(UreS to minimise ih¢ risks which the Charitable company. its employees, Companions. volunt¢ers and cuslomer5 might encounter. Where appropriate systems or procedures have been ¢stablished to mitigate such risks. A risk Tegister is maintsined to identify, prioritise and address identified operdtional and strategic risks. Who benef/rM our work? Emmaus Suffolk (ES) is a local ind¢p¢ndent charity and a m¢mb¢r of the national f¢d¢ration Emmaus UK. Emmaus residents are called Cornpanions. ES is unique within Emmaus UK we run a non-residential ompanion model and therefore call these service users Non-Residential Companions (NRC'S). We have a blended offer of Companions and NRC'S. ES provides meaningful work opportunili¢s for vulnerabl¢ groups including homeless individuals. vulnerably housed individua15. offenders, long-terni UrmplOyed and socially isolated individuals. NRCS engage in a range of different tasks including various roles within the retail enterprise, up-cycling and help in the café and garden. In th¢ last financial year we have d¢liv¢red 883 sUprt Interventio on a range of issues including employment 5upporL mental-health. trainin& money advice. life- skills. accomrnodation and signwisting to specialist providers. The support we offer is differentiated to Sult an individual's support needs and volunteering comTnitment and be structured at a level that is appropriate to them. Supp)rt may be delivered in a variety of ways and is delivered throughout tverything we do. Reyeryes Policy Trustees must ensure that the charitys fvnds are used appropriately, prudently. lawfully and in accordance with the charity's purposes for the public benefit. The generdl principle of tTUSt law is that funds received as income should be spent within a reasonable peri of receipL Tnlee$ are justified in exercising their power to hold incorn¢ r¢s¢rv¢s in the charitys best interest. Restricl¢d funds are all grants awarded for S¢]riC project or service delivery. that must be used as defined in the application for the award. This expenditure is r¢ported on to the fund¢rs and in¢ludes delivery of sp¢cified outcomes. Most restricted fvnds are awarded for a year long period, whlch starts at the point of receiving fund5. Funds therefore carry over from financial year to th¢ next acwrdingly. Reference and Administrative Detsils Charity number 1128051 Company number 06686196 R¢gist¢red oifice 216 Dal¢s Road. Ipswich. Suffolk. IPI 4JY Direclon and Trustscs Th¢ directors of the ¢haritabl¢ wmpany (the charity) are its trustees for the purw)se of charity law. The tTU5tees and officers servin8 during the year and since the year end were &s follows: Directors S Bigley H Cadman B ChandleT (Appoinied 21 January 2020) S Cook C Devlin V Fennell T L Pinter R Quince A Ruia J Wakclam Secretary C Staddon
Emmaus Suffolk Limi¢¢d (A company limited by guarantee) Trustees, Annual Report Year ended 30 September 2020 StstemeDt of Trustees, Resp)n$ibiliti¢8 The charity trustees {who are also the directors of the Emrnaus Suffolk Limited for the purposes of company law) are resp)nsible for preparing a trustees. annual report and financial slatements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resource5 and application of resouwes, including the income and expenditure, of the Clwitsble company for that period. In preparing the financial statements. the trustees are required to: a) select suitsble accounting wlicies and then apply them consistently- b) observe the m¢thods and principles in the Charilies SORP. c) make judgements and estimat¢s that are re&wnable and pruden¢ d) stste whether applicable UK a¢wuntin8 Standards hav¢ b¢en followed, subject to any material departures disclosed and explained in the financial statements" ¢) prepare the financial slat¢ments on the going ncern basis unless it is inappropriate to presume that the charity will c4)ntinue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable aceuracy at any time the financial position of the charity and io enable them to ensure that the financial statements comply with the Companies Aci 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Accounting exemptioths In preparing this report the trustees hav¢ tsken advantage of small companies exemptions provided by section 415A of the Companies Act 26. ON BEHALF OF THE BOARD: Si¢phen Cook Chair Clare Ikvlin Trwurer Date.. 216 Dales Road, Ipswich. Suffolk. JPI 4JY
Emmaus Suffolk Limittd (A company limited by guarantee) Independent examiner's report to the trustees of Emrna SutTolk Limited ('the Compgny,) Year ended 30 September 2020 I report to the charity trustees on my examination of the a¢Unts of the Company for th¢ year ended 30 September 2020. Responsibilities"and basis of rep)rt As the charity's trustees of the Company (and aly) its dir1$ for th¢ purpose5 of company law) you are responsible for ihe prepardtion of the accounts in accordance with the requirements of the Companie5 Act 2006 {'the 2(K>6 Act.). Having satisfied myself that ihe accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I rert in r¢5PXt of my examination of your ¢harity'5 acwunts a5 carried out under section 145 of the Charilies Act 2011 ('the 2011 Act')..In carying out my examination I have followed the Directions given by the Charity Commission under section 145{5) 0)) of the 2011 Act. Illdependet examiller's 51*temettt Since the Company's gross income exceeded £250.01I) your examiner must be a rn¢mber of a kndy listed in section 145 of the 2011 Act. I confirni that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirni that no matters have wme to my attention in connection with th¢ examination giving m¢ cause to believe: accounting records were not kept in reSpt of the Company as required by section 386 of the 2006 Ac¢ or 2. the accounts do not accord with those records" or th¢ accounts do not comply with the accounting (lUIrements of section 396 of the 2006 Act oth¢r 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 4. the accounts have not been prepared in accordance with the methods and principles of the Ststement of Recommended Practice for accounting and reporting by charities applicable to Charities preparing their accounts in accordance with the Financial Rewrting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come acro$5 no other matters in connection with the eninatIOn to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. ame: Kale Rosten Fellow of ¢he Institute of Chartered AecouDtsnts ill England and Wales Address: Jonathan Penn and Company> Haughley, Stowmarkei Suffolk, IP14 3PJ Drdte:
Emmaus Suffolk Limited (A MpanY limitsd by guarantee) Statement of Financial Activities Year ended 30 September 2020 Restrieted itseome funds Ullreytricted funds Totsl 2020 Tolal 2019 Incoming rewurces I)onations and grants Charitable activities Other trading activities Investments Other income Tothl incoming moure 137,664 118.538 177,923 315.587 118.538 1.6 111.538 145,096 5.939 18 17 5.876 263.695 17 5.876 177.923 268.996 ResouTees expended Raising funds Charitable activities Governance costs Totale¥pendtiMre 3.316 120.905 1,304 50.250 4,620 171,155 5,490 156.989 254 634 228 543 Net income 93.911 93.073 186.984 40.453 Gro&8 traBsfers between hnds 4.153 (4.153) Net movernent in funds 98,064 88.920 186.984 40.453 Total fulld$ brought fornard 29.853 39.301 69.154 28.701 Total funds earned fonvard 127.917 128.221 256.138 All activiti¢s r¢l8te lo continuing operations. The notes on pages 12 to 23 fonn of these finaNial stst¢ments. IOIPage
EMrnA Suffolk Limited (A company limited by guardntre) Balance Sheet As at 30 September 2020 Reslrieted iD¢ome funds z Unrestricted funds Total 2020 2019 Fixed &ssets Tangible assets Investments 13.668 13.668 11.131 13.668 Current assets Stock Debtors Cash at bank and in hand 1.51x1 18.877 117831 138.208 1,500 18.877 246.052 266,429 24,336 68,934 93,270 128221 128221 Creditors: amiJiiDts falling due within one year io 23.959 23.959 21.804 Net current *ssets 114249 128221 242 470 Creditors: amounts falling dve after one year li 13.444 Net agsets 127917 128 221 256 138 Fund$ of the Charity Unrestricted funds. Restrict incom¢ funds 13 13 127.917 127,917 128.221 29,853 39.301 128.221 Total funds 127.917 128,221 256.138 69.154 11 | Page
Emmaus Suffolk Limiled (A rnpanY limited by guaTante¢} Balance Sbeel Ag at 30 September 2020 Th¢ wrnpany is enlitl¢d ¢0 ¢x¢rnption from audit under Sedion 477 of th¢ Compani¢5 Act 2006 fcff the year ended 30 September 2020. The mernb¢TS hav¢ Dot required ihe company toobtsin an auditof its financial statements for theyearended 30 September 2020 in acrordanc¢ with S¢¢tion 476 of th¢ Companies A¢t 2006. The trusiees acknowledge iheir responsibility for.. a) ensuring that the company keeps accounting reoxds which compty with Seciions 386 and 387 of the Companies Act 2006 b) preparing financial swements which give a true and fair view of the state of affairs of the company as ai the end of each financial year and of its surplus or deficit for each financial year in accordance with the rtqutrernents of Section5 394 and 395 and which otherwise comply with the requiremts of the Companies Aci 2006 relating to financial ststements. so far &8 applicable io the company. Th¢ financial stat¢ments have been pr¢par¢d in aCOydr with th¢ special provisions of Part 15 of the Companies Act 2006 reling to small companies. The financial statements were approved by the truste¢ on behalf of Jll th¢ tru5te¢s on ..and were signed by.. Tibb$ Pinter (Depryty Chair) Clrt Devlin (Trea)surer) 121 Page
Emmau$ Suffolk Limited (A company limited by guarantee) Not¢s to the Fin4Dcial Statements Year ended 30 September 2020 l) Statutory infomAtion Emmaus Suffolk Limited is a private wmpany. lirnited by guarantee. without Share capital registered in England and Wale5. The Comparts registered number and registered office address can bc found on the harity inforniation page. 2) Ac¢ouDling policies Basis of preparatio The financial slatements have be¢n pr¢par¢d in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practiee appltcable to charities preparing their accounts in OrdanCe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ((as amend for a¢counting periods commencin8 from l January 2016) - (Charities SORP (FRS 102)), th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Th¢ financial statements have been pr¢pared under the historical cost convention. Assets and liabililies are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notrfs). The charitable company constitutes a public benefit entity as defined by FRSIO2. The tnjstees consider that there are no material ut)certainties aknut the charitsble company's ability to continue as a going concern. FuDd aeeouuting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furth¢ran¢¢ of the gcneral ObjliveS of th¢ ¢haritabk compafty and which have not been d¢signated for other purposes. Designated fimdscompris¢ unrestricted funds that have been set aside by the Trustees forparticular purposes. Restricted funds are funds which are to be used in accordance with $Er1¢ restrictions imposed by donors which have been rdised by the charitable company for particular purposes. The cost of rdising and administering such fvnds are charged against the sFcific fund. The aim and use of each restricted fvnd is set out in the notes to the financial ststements. Income Income is recognised when the charitabl¢ company h&8 entitlement to funds, any perfornian¢e wnditions attached to the item(s) of income have been rneL It is probable that the income will be received and the amount can be reliably measured. G(M)ds donated for resale are included as income when they are sold. tncome tsx r¢cov¢rable in Telation to donations received under Gift Aid is regniSed at the time of th¢ donation. IDvestment income Interest on funds held on deposit is included when r¢c¢ivabl¢ and the amount can be measured reliably. This is nomlally upon notification of the interesl paid or payable by the bank. 13 IPage
Emmaus Suffolk Limited (A company limited by guar4nt¢e) Notes ¢0 the Financial S¢atements Year ended 30 September 2020 2) AccoutttiDg policies (Conlinued) Eipenditure All expenditur¢ is accounted for on an acc1$ basis and is T¢gniSed when ther¢ is a legal or constructive obligation committing the charity to pay out resources. Expenditure has been allocated between cat¢gories on a basis designed to reflect the use of the resourc¢. Cost of raising ndS comprises the expenses incurred by the charity in seeking voluntsry contributions as well as the cost of any activities with a fundraising purpose. Expenditure on charitable activities includes the costs of delivering services undertaken to rther the purwyses of the charity and their asSlated supwrt costs. Gov¢rnance costs are those incurred in cOnnlI0n with the administration of the charitable company and compliance with constitulional and stalory requirements. Manag¢ment Costs reflecting a proportion of the administrativ¢ wsts hav¢ been allocated to each r¢stricd fund on a fund by fvnd basis. Tangible fixed Sets These are capithlised if they can be used for more than one year, and cost at least £100. All fixed assets are initially recorded at cost. Deprecialion is provided as follows in Order to WTite off each a$t over its estimated usefvl life. Plant and Machinery Motor Vehicles Fixtures and Fittings Leasehold Improvements 250/• reducing balance 250/0 reducing balance 330/• reducing balance I/0 5trdight line Investmeuts Investments in subsidiaries are valued at cost less provision for impaimienL Stocks Stock is donated to the charity and as such it is not prdctical to produce a realistic estimation of its value. Stocks Puha5¢d for r¢sal¢ ar¢ vaiu¢d at the lower of cost and net realisable value. Debtors Trade and other debtor5 are recognised at the settl¢m¢nt amount due after any trade discount offered. Prepayments are valued at the amount prepaid. Cash at Bank and ill hand Cash at Bank and in hand includes ¢ash at short terni hIlY liquid inv¢stsn¢nts with a maturity of three months or less from the date of acquisition or the opening of the dep)sit or similar account. Creditors and provisions Creditors and provisions are recognised where the charitable company has a present obligation resulting from a post event that will probably result in the trdn5fer of funds to a third party and the amouni due to settle the obligation can be measured or estimated reliably. Crediiorg and provisions are nomially recognised at their settlement amount after allowing for any tr discounts due. 141Page
EmmYdUS Suffolk Limited (A company limited by guarantee) Notes to tbe Financi•l StatemeDts Ye¥r ended 30 Sep¢ember 2020 2) Accounting policies (Continued) Financial instruments Financial instruments are classifled and 8¢¢ounted for according to th¢ substsnce of the ¢ontractual agr¢emenL as either financial assets or financial liabilities. The charity only has financial assets and financial liabililies of a kind that qualify as basic financial instruments. Basic financial insttimients are initially recognised at transaction value and subs¢qu¢ntly m¢asur¢d at their s¢ttl¢m¢nt value. Pension costs Emmaus Suffolk Limited operntes a defined contribution pension scheme. Contributions payable to the pension scheme are charged to th¢ statement of financial activities in the period to which they relate. Taxation The charity is exempt from TratiOn tax on its ¢haritabl¢ activities. Operating lease commitmettts Rentals paid under operating l¢as¢s are Charged to the statement of financial activitie5 on a Strdight lin¢ basis over the period of the lease. 3) Analysis of incoming r¢so•r¢es Donations and gr¥nts 2020 2019 Total fud5 Totsl fuods Unrestricted Restrieted Donations and gifts Gift aid General grants provided by governmentlother charitie5 107.728 1.128 31.719 139.447 1.128 38.136 1.217 28.808 175012 315587 72.185 111538 177.923 Charitsble activities 2020 2019 Total funds Totsl UATestricted Restricted Retail charity shop Café income Housing ben¢fit r¢ceived 112299 577 112.299 577 143.267 1.829 118538 118538 145.096 Other tradlng adivities 2020 2019 Total funds Totsl funds UDr¢stri¢ted R¢s¢ri¢t¢d Fundraising events- the Big Climb Fundraising events- the Rabble Chorus 5.939 1.61XJ 1.61KI 1.600 151 Page
Emmaus Suffolk Limited (A company limited by guarantee) Notes to the FiDaD¢ial Statements Year ended 30 September 2020 3) Analysts of intorninl resourtes (Continued) Iocome from inveslmtttts 2020 2019 Totsl funds To¢91 fulld$ Unrestrid¢d Rutricted Interesl in¢om¢ 17 17 17 17 18 18 Other income 2020 2019 Totsl fuDd$ Total funds Unrestritted Restritted Other income 5.876 5.876 6.405 4) Anatysis of resourees expended Raising funds 2020 2019 Total funds Totsl fumds Unrestricted Restricted Advertising, marketing. direct mail and publicity Fundraising events - the Big Climb 3.316 1,304 4,620 1.806 3.434 Consultancy fees 250 5.490 16 161 Page
Emmaus Suffolk IAmited (A company limit¢d by guarantee) Notes ¢0 the Finaneial Statements Year ended 30 Sep*ember 2020 4) Analyw of resources expettded (Coniinued) Charitable a¢tivities 2020 2019 Total funds Total funds Unrestricted Restrided Operating charity shops - DIrt running costs - Motor expenses - Wages. f$ & M contriFArtion$ - Pension costs Rent - Property running expenses IT. printing & stationery - Repairs and maintenanc¢ - G¢n¢ral expenses - Finance charges 3.275 288 6,728 6,339 2,071 62.701 2,070 17.971 10.309 5.553 1.701 69,741 1.625 19,049 9,424 877 12,167 2,082 432 123,651 375 1.783 55,973 2.070 1.776 10,309 1.131 1.064 2,330 6.195 227 1,255 1,291 3,585 1.664 109.132 402 3.298 1.162 44.656 892 4.014 91,164 194 3.298 1.162 19.859 892 4.014 17.968 208 Cafe running expenses House costs Warehouse . Wage4 fees &,Nt ntributIOnS Pension costs": Insurance Travel and subsistence Companion expenses Subscriptions Community activities 24.797 21.023 500 3,614 2.279 4,310 743 494 156.989 112 210 7,277 7.389 210 120.905 50,250 171.155 171Page
Emmgus Suffolk Limited (A company limited by guarnntee) Notes to tbe Financi41 Statements Year ended 30 September 2020 4) Analysis of resources expended (Continued) Governance costs 2020 2019 Total funds Totsl funds Unresirided Restricted Wages. fees & Nl contributions Pension costs Staff training A¢countancy fees IT software Legal and professional fees Telephone and internet Office expenses Charitable donations Bad debts Bank charges Interest paid Depreciation and loss on disposal Managemeni charge all¢xated to restricted funds 50,363 1.082 339 16.189 238 2,682 53.045 1.082 339 16,189 238 1.750 2,199 266 48.361 1,083 5.611 265 2.430 1,803 194 40 .750 2.199 266 1.318 177 244 2.012 1.318 177 244 2.012 82 78 6,117 28,864 78.859 66.064 All costs relate to ndJ$Ing trading adivity of the charity. 5) Net income / (expeDditure) for the year This is stated after cbarging: 2020 2019 Independent examiners fee Operating lease rentals: other tkpr¢¢iation 1.750 17.971 2.012 1,750 19.049 6,117 6) Staff ¢0gts 2020 Total fuDds 2019 Total funds Salaries and wages Social security costs Pension costs 153,770 6.632 4,044 164.446 133.640 5.485 3.208 142.333 181 Page
Emm2us SulTolk Limited (A company limited by guarantee) otu to the Financial Statements Year ended 30 September 2020 6) stsff ¢wts (Continued) Average xumber of employees 2020 Numb¢r 2019 Number Fundraising Charitsble activities Governance No ¢mploy¢es had b¢n¢fits in excess of £60.000 (2019: nil). Pension costs are allocated to aclivities in proportion to the related staffmg wsts incurred and are wholly charged io unrestricted funds. No Truslce r¢¢eiv¢d any Temuneration or IXner in kind. The chartty considers its key management sOnnel comprises the Trustees onty. The totsl employee benefits of the key managem¢nt rSOnnel of the Charity were £nil (2019: £nil). 7) Tangible fixed ats Fixtures, rittings and equipment machinery and motor vehicl Improvements Total Ct As at l October 2019 Additions at 30 September 2020 22.212 577 22.789 3,493 22212 1,633 27J38 Depreciation As at l October 2019 Charge for the y As al 30 Septewb¢r 2020 11.187 675 12062 471 12 459 11,658 2.012 13,670 349 349 Net B(K•k Value at 30 September 2020 3.144 9J50 13,668 Net Book Value at 30 SeptemiKr 2019 1.025 106 11.131 191Page
Emmaus Suffolk Limited (A company limited by guardntee) Notes to tbe FiDancial Stattments Year ended 30 September 2020 8) Investments Sbares in group IIDdertakiDg8 Cost As at l October 2019 Additions Impairment A5 at 30 September 2020 The investment of £1 represents l ordinary £1 share in Emmaus Suffolk Homes Limited. a company incorporated in England and Wales. The investsnent represents IOOYO of the issued sh8re capital of that cornpany. Emmaus Suffolk Homes Limited has not traded since IncorratIon. On 8 D¢¢ember 2020, Emmaus Suffolk Homes Limited was dissolved. Therefore, the inveslment has been impaired to nil value in these fmancial statements. 9) Debtors 2020 2019 Trade debtors Prepayments and accrued in¢omc VAT 1.615 1>,531 3.731 18.877 3.005 14,130 7.201 24.336 io) Creditors: Amounts falling due wiihin one year 2020 2019 Loan from Emmaus UK Other loans and financing Trade ¢reditors Accruals and deferred income Taxation and Sla1 security Pensions payable Other creditors 2.500 7,200 5.580 4.462 1.263 717 82 21.804 14.023 6.464 2.626 799 47 23.959 20IPage
Emmaus Suffolk Limited (A company limit¢d by guarantee) Notes to the Financial Statements Year ended 30 September 2020 Creditors: Amounts falling dlle after more than One year 2020 2019 Loan from Emmau5 UK Other loans and financing 9.844 3.600 13,444 There were two loans in place with Emmaus UK. These have both been fully repaid during the year. Interest is payable on one of the loans at 4Yo APR and Iyo APR on the other. Interest is payable quarterly. 12) Finall¢ial instruments 2020 2019 Financial asgets Financial wets m¢asuTed at amortis¢d wsl 264.929 93.270 FiDancial liabilities Financial liabilities measured at amortised cost 23.959 Financial assets measured at amortised $1 wmprise cash. ¢ash equivalents. trade debtQTS. aru¢d income and other debtors. Financial liabilities measured at amortised cost cornprise loan4 trade creditors and other creditors. 211 Page
Emmaus Suffolk Limited (A company limit by guardntee) Notes to ib¢ Fin2D¢ial Statements Year ended 30 September 2020 13) Analysis of movement in funds Current y¢ar: Fund balances brought forward Fllnd balaDc&s carried forward Income Expenditure TransfeTS Fund names Type Support Worker tKJss workshop Companion dev fund Enterprise growth fund Rural fund 7.0 .524 616 (7.000) (1.524) (616) 7J15 2.360 1.793 1.750 1.758 20.000 2,500 (7.675) (1.793) (1.750) (4.258) {6,539) (2,000) Strategic review Online prOjt Workshop Digital hubs Felixstowe Big Lottery Felixstowe Hub 2.5(Ki (1,605) (2,500) 13.856 9,950 23,650 10.1 (750) (1.541) (6.814) (2.0) (985) (880) 9.200 22.109 3,186 IBC travel fund F(rf)d and Drink H&S 1.719 3.ocl 4.0 19.630 26.000 734 IBC comm cash 2.120 4.000 18.418 8,919 Business advisor PCC Fund Homeless Link Covid (1,212) (17,081) Big Lottery Covid 5UPPQrt Warehouse 31.935 25.71 1.63Q 261.347 439 270 (11.966) 19,969 25.710 COVID-19 UnTestrKtedfvnd% (11.082) 171.284 256.134 <548) 4.153 29.853 69.154 124.069 252.290 Total Funds as per bajanee sheet 22 |Page
Emmaus Suffolk IAmited (A company limited by guarantee) Not&¥ to the Fin4neial Statements Year ended 30 September 2020 13) Analysis of movement funds (Conlinued) Prior year. Fund balances brought forward Fund balfdllces Carried forward Income ExptDdithTe Transfers Fund names Type Creative Workshops Support Worker Support Worker- Emmaus 1.260 7.295 (1.260) (12.295) 12.000 7.(M)O 3,071 (3.071) {8,748) {1.476) (154) (14.785) {1.557) {8.100) (742) Executive Lead 17,504 (8.756) Loss workshop Companion dev fund Enterprise growth fimd Rural fund 3.000 770 1.524 616 21.945 3.350 9.850 2.500 1 20.1)00 2.500 (4.800) 2.360 1.793 1.750 1.758 20.000 2,500 Strategic review Online project Workshop Digital hubs Unr¢stri¢tedfvidf 2.642 28.701 176.355 228.543 13.556 Total Fullds as per b*te sheet 69.154 14) Related party tr4D$tiOnS The related parties of Emmaus Suffolk Limited are the Trustees of the charttable company and the subsidiary Emmaus Suffolk Homes Limited. which 15 a dorniant company. The charitsble company is controlled by the Trustees. There wer¢ no related party transa¢ti¢)ns identifKd which should be disclosed under Financial Reporting Standard 102. 15) Company limited by guarantee The charitsble company is a company limited by guarantee. The members of the wmpany are the Trust¢es named on page three. In the event of the charitable company being wound up. the liability in respect of th¢ guarantee is limited to £1 per manber of the ¢haritable company. 231Page
Emmaw Suffolk Liml¢ed (A company limited by guardntee) Notes to the Finan¢ial Statements Year ended 30 September 2020 16) Operating lease Commitments At 30 September 2020 th¢ charitabk company had th¢ following future minimum lease payments under non- cancellable operating leases as set out below-. 2020 2019 Payment due: ss than one year Between two to five years Over five years 33.661 66.964 3.333 103 958 28,OIXI 58.OlXI 99.333 241 Page