**Registered number: 06686196 Charity number: 1228051**
**EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 9|
|**Independent examiner's report**|10 - 11|
|**Statement of financial activities**|12|
|**Balance sheet**|13 - 14|
|**Statement of cash flows**|15|
|**Notes to the financial statements**|16 - 33|
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
|**Trustees**|S K Bigley (resigned 12 December 2021)|
|---|---|
||H Cadman|
||B H Chandler (resigned 30 November 2022)|
||S C Cook (resigned 12 December 2021)|
||C L Devlin (resigned 24 January 2022)|
||T L Pinter|
||A Ruia|
||J Wakelam (resigned 24 January 2022)|
||S Raychaudhuri (appointed 24 January 2022)|
|**Company registered**
**number**
06686196
**Charity registered**
**number**
1228051
**Registered office**
216 Dales Road
Ipswich
Suffolk
IP1 4JY
**Chief executive officer**
Claire Staddon
**Accountants**
Larking Gowen LLP
Chartered Accountants
1 Claydon Business Park
Great Blakenham
Ipswich
IP6 0NL
**Bankers**
HSBC UK
12 Tavern Street
Ipswich
IP1 3AZ
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ||
Page 1
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022**
The Trustees present their annual report together with the financial statements of the Charity for the year 1 October 2021 to 30 September 2022. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Chair's Report**
Starting this year with further threats of Covid restrictions has been a challenge. However, despite this and with great local support we have opened a whole new site in Ipswich at The Royal Oak. This opportunity has enriched our core work of offering a wider variety of meaningful activity for homeless, socially-isolated and otherwise vulnerable people and enabled us to open a second supported accommodation offer. This year we have had 3 people successfully move on into employment and independent living from our housing.
The range of support to our Companions and Volunteers has evolved in new and different ways in response to the needs we have been working with. We have worked directly with 260 individuals throughout the past year, more than double last year. This work has involved 1920 separate interventions on issues which is over 300 active 1:1 hours of support.
The need for Community Hubs is only growing and our key focus this year has been to increase our sessions and sites in both Ipswich and Felixstowe. Whilst our retail trading arm continued to provide meaningful activities to companions and volunteers on site at all 4 social enterprises and we have been able to grow our house clearance offer to complement this. The Royal Oak community café has nearly completed its first year of trading in a complex fiscal environment. It has yet to break even financially but we as a Board are confident in both its social value and its ability to generate a surplus in the long term. This site has enabled us to broaden our outreach by supporting those at risk of food poverty. We provide a free Kids and Carers lunch club and offer a One Pot Wonder once a week. Our ambition is to grow this offer on an ongoing bases.
The fact that the charity has been able to stabilise in the most difficult operating environment, is due in large part to the hard work, commitment and the innovative approaches taken by our dedicated and hard working team, who have stepped and adapted swiftly to the situation in sensitive ways, going above and beyond in their duty of care.
Whilst income, through our social enterprises has been very limited over the year, a number of grants from a range of organisations including; The Suffolk Community Foundation and the Big Lottery Reaching Community Fund has enabled us to both grow our reach and our offer across the East of Suffolk.
We are deeply grateful to all the local businesses and organisations, which have provided support, enabling us to help more people, broadened our offer and strengthen our financial position. In particular Axter Ltd for being our first Corporate sponsor.
Finally I would like to say thank you all of our companions, customers, the staff team, volunteers, local communities, local business owners and Trustee board members for their work and commitment to Emmaus Suffolk. In the coming year we are aiming to extend and continue to strengthen our offer of support to formally homeless, socially isolated and otherwise vulnerable people within our local community.
## **Harriet Cadman – Chair of Trustees**
Page 2
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **Objectives and activities**
## **a. Policies and objectives**
The objects of the charity as set out in the company's memorandum and articles of association are the alleviation and relief of poverty, hardship and distress, in conformance with the Emmaus movement. The principal activity of the company is the establishment of social enterprises to offer a work framework for meaningful activities to support vulnerable people and the most poor. It continued to receive some donations for this aim during the year.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **b. Our vision:**
A world in which everyone has a home and a sense of belonging.
## **Our Mission:**
Emmaus Suffolk is committed to working as a community, sharing a life where everyone is treated equally, and living in harmony with dignity by helping those less fortunate than ourselves.
Our Strategic Priorities (which are set in line with the Emmaus UK Federation Plan) are to:
1. Help more people by:
- Working with companions to help them realise their aspirations and full potential
- Delivering a wide range of activities to address social exclusion
2. Secure sustainability for our community by:
- Increasing income and retained surplus
- Ensuring that we have the staff, infrastructure and local support needed to sustain ourselves
- Building an environmentally focused and active organisation
- Maintaining our ethical standard
- Demonstrate organisational sustainability and ethical practice
3. Support the Emmaus Federation by:
- Demonstrating unity and working together with other Emmaus communities for mutual benefit
- Promoting who we are, what we do, why and how we do it as part of the wider Emmaus movement
Page 3
**(A company limited by guarantee)**
## **EMMAUS SUFFOLK LIMITED**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **Objectives and activities (continued)**
## **c. Policies and objectives**
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. The objects of the Charity are the alleviation of homelessness and relief of poverty, hardship and the distress they cause to those in need. Our current Strategic Plan finished in 2021 and with companions and staff we are developing a new Plan for the period 2022 to 2027.
Our overarching aims are to:
## **Priority Area 1: Beneficiary enrichment:**
- Grow our support offer though Hub outreach and volunteering opportunities in the East of Suffolk
- Increase our housing portfolio to offer a range of solutions to vulnerable people
- Own our own properties to increase tenancy options, currently we have accommodation for 7 individuals.
## **Priority Area 2: Income Generation:**
- Continue to scale up our current social enterprises to increase cash surplus
- Develop and deliver a new social enterprise that focuses on offering supported employment for current service users
- Deploy a fundraising strategy to increase free reserves
## **Priority Area 3: Reputation and Reach**
- Build robust working partnerships with other service providers to increase choices for service users and reducing financial risks
- Secure corporate partnerships with ethical, local business through our ESG value
- Emmaus Suffolk receives no statutory or core funding and generates over 50% of its income through its Retail and Community Café social enterprises. For areas of our work that can’t generate funds we apply for grants and carry out localised fundraising. Our long-term ambition is to generate 85% of our own income through trading.
. This variety offers choice and control to individuals with the purpose of developing their skills to enable them to gain employment in the future and a sense of self-worth and dignity through having a self-supporting life.
Through offering volunteering roles within our social enterprises, we provide business opportunities and experience to give people the chance to rebuild their lives in a supportive enduring environment with related tasks through a work framework.
Over 50% of our workforce has been recruited from our service users. We work in partnership with other local service providers working in the sector; we tend to operate at the “prevention” end of the homelessness spectrum, in that we aim to make interventions to prevent people becoming homeless in the first instance.
## **Wider Emmaus:**
We are an independent local charity and a member of the national Emmaus UK Federation. We work closely with other Emmaus communities, particularly Emmaus Cambridge, whom have helped us with a van load of donated goods for them to sell and by supporting them with house clearances. Our CEO, Claire Staddon, chairs the quarterly Chief Executives meeting for all Emmaus Communities. The staff and companions are encouraged to attend all Emmaus UK peer support groups.
Helping other organisations (solidarity)
- 12 homeless individuals with showers and laundry services from external partner referrals.
- Worked with directly with 8 other partner organisations to support individuals with £50 worth of household goods. Including Syrian Refugee families.
Page 4
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **Objectives and activities (continued)**
- Companions volunteered their time with other organisations, The Hive & Mens Sheds
## **Achievements and performance**
## **a. Review of activities**
Starting this year with further threats of Covid restrictions has been a challenge. However, despite this and with great local support we have opened a whole new site in Ipswich at The Royal Oak. This opportunity has enriched our core work of offering a wider variety of meaningful activity for homeless, socially-isolated and otherwise vulnerable people and enabled us to open a second supported accommodation offer. This year we have had 3 people successfully move on into employment and independent living from our housing.
The range of support to our Companions and Volunteers has evolved in new and different ways in response to the needs we have been working with. We have worked directly with 260 individuals throughout the past year, more than double last year. This work has involved 1920 separate interventions on issues which is over 300 active 1:1 hours of support.
The need for Community Hubs is only growing and our key focus this year has been to increase our sessions and sites in both Ipswich and Felixstowe. Whilst our retail trading arm continued to provide meaningful activities to companions and volunteers on site at all 4 social enterprises and we have been able to grow our house clearance offer to compliment this. The Royal Oak community café has nearly completed its first year of trading in a complex fiscal environment. It has yet to break even financially but we as a Board are confident in both its social value and its ability to generate a surplus in the long term. This site has enabled us to broaden our outreach by supporting those at risk of food poverty. We provide a free Kids and Carers lunch club and offer a One Pot Wonder once a week. Our ambition is to grow this offer on an ongoing bases.
The fact that the charity has been able to stabilise in the most difficult operating environment, is due in large part to the hard work, commitment and the innovative approaches taken by our dedicated and hard working team, who have stepped and adapted swiftly to the situation in sensitive ways, going above and beyond in their duty of care.
Whilst income, through our social enterprises has been very limited over the year, a number of grants from a range of organisations including; The Suffolk Community Foundation and the Big Lottery Reaching Community Fund has enabled us to both grow our reach and our offer across the East of Suffolk.
We are deeply grateful to all the local businesses and organisations, which have provided support, enabling us to help more people, broadened our offer and strengthen our financial position. In particular Axter Ltd for being our first Corporate sponsor.
## **PR activity**
Our social media presence has increased over the year, we are working closely with the EUK PR service, and we have a member of staff dedicated to PR, promotion and getting our message out. This year has seen an increase in our coverage:
- 14,517 visitors to the website
- 1,398 of these from social media
- 2,656 followers on Facebook at the end of the year
- 1,317 Instagram followers at the end of the year
- Our tweets during this time were seen by 10.8K people
- 40 pieces of print coverage
- Where data is available, media coverage had a reach of 404,140
Page 5
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **Achievements and performance (continued)**
We would like to thank all our principle funders for all their support this year:
- Big Lottery Reaching Communities –
- Hopestead
- Funds awarded by Suffolk Foundation
- LEP Fund – Work it Out
- Mauken Fund/Coop Fund – Cooking Club
- Crane Fund for Widows and Children
- IBC Area Committee – Racecourse Fund – Kids and Carers Lunch Club
- B&Q community Fund – Covered outdoor space at The Royal Oak
- Community Hubs Funded by:
- Garfield Western
- Ridley Godfrey Foundation
- o 29th May 1961 Charitable Trust
- Headley Trust
- Axter Ltd – Sponsor of our One Pot Wonder.
- East of England Co-op – In kind funding
- Attwells Solicitors – In kind funding
- Dave Chapman Motors – In kind funding
- John Gross Ford – In kind funding
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **b. Reserves policy**
The Trustees have carried out their annual review of their reserves policy in the year. As part of this process they have considered both the financial impact of risks facing the Charity as well as reserves required for future planned capital projects, commitments and contingent events.
The Trustees have agreed that the Charity should hold 3 months operating expenses in reserve, and in particular ring fence sufficient funds to meet creditors and obligations to Companions and staff should we be forced to cease operations. The reserves policy is reviewed at each trustee meeting and free reserves target is £132,000. Free reserves at the year end were £131,131.
Page 6
**(A company limited by guarantee)**
## **EMMAUS SUFFOLK LIMITED**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **c. Financial overview**
The results of the year are set out in the attached financial statements.?Emmaus Suffolk receives no core funding and £194,196 (2022 – 36.90% 2021 – 29.29%) of income is generated through social enterprises, the remainder coming from general donations, grants and fundraising activities.
During the year the charity income from social enterprises grew to £194,196 (2021 £98,645) this increase was due to opening our Community Café and new retail sites focusing on furniture and larger item sales. The 2021 social enterprise figures were particularly low, compared to a usual trading year, with the challenges of Covid and changing restrictions. Income from donations and grants increased to £295,092 (2021 - £220,201). Housing income increased to £36,861 (2021 £19,218). However, with the planned building costs at the Royal Oak site, this has resulted in a net decrease in funds of £26,542 (2021 – net increase £3,568). The Trustees have agreed that the charity should hold 3 months operating expenses in reserve.
£41,901 (2021 - £38,300) has been spent on governance costs, whilst other expenditure has focused on supporting companions, their accommodation and welfare, the business activities including administration, the running of the community cafe, the 4 retail shops and the collection of donated goods, all of which create the important platform for supporting and developing companions’ personal skills and self-esteem. Demand for collections continues to be strong. The number of items offered continues to rise and although not all items offered are suitable, which has increased our disposal costs, we work hard to minimise what we send to landfill.
## **d. Risk management**
The Trustees regularly review their policy and procedures to minimise the risks which the Charitable company, its employees, all types of Companions, volunteers and customers might encounter. Where appropriate systems or procedures have been established to mitigate such risks. A risk register is maintained to identify, prioritise and address identified operational and strategic risks.
## **Structure, governance and management**
## **a. Constitution**
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 Commission.
## **b. Methods of appointment or election of Trustees**
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association. Trustee nominations either come from other Trustees within the Charity and its supporters or via open advertisement and must be approved by existing Trustees, in accordance with the Articles of Association. When specific skills are required, approaches are made to people with relevant expertise who are sympathetic to the ethos of the Charity. If necessary, a Trustee would be co-opted specifically to cover the required function. The current Trustees and those who served during the year are shown on page 1.
## **c. Organisational structure and decision-making policies**
In order to work effectively towards the alleviation of homelessness and relief of poverty and hardship and the distress they cause to those in need, the board of Trustees and the leadership team believe that companions must be at the centre of the organisation, and this is reflected in the structure of the Charity. Full consultations with companions are undertaken on strategic issues and major projects. Feedback and reviews with Companions are delivered by an independent assessor quarterly.
Page 7
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **Structure, governance and management (continued)**
## **d. Policies adopted for the induction and training of Trustees**
Each new Trustee is required to undertake an induction programme which includes briefings on their legal and ethical responsibilities as Trustees, the ethos and values of the Emmaus movement together with the governance, history and operation of Emmaus Cambridge. Annual appraisals of Trustees are undertaken to measure their collective and individual performance and suitable training is offered in line with the NCVO Code of Good Governance.
## **e. Pay policy for key management personnel**
The Board of Trustees, CEO, and the department managers comprise the key management personnel of the charity, in charge of directing and controlling its day-to-day operations. The remuneration of the management staff team is reviewed annually by the Trustees. Salary increases consider both inflation rates and affordability and comparison of salaries within the sector.
None of our Trustees receive remuneration or other benefits from their work with the charity.
## **f. Related party relationships**
Emmaus Suffolk is a member of the Emmaus UK Federation, working alongside other communities and groups.
## **g. Financial risk management**
Trustees have introduced risk management policies and a risk register which aim to manage and mitigate risks that the Charity might face. These are both reviewed regularly. A nominated Leadership Team member oversees health and safety issues throughout the community with nominated personnel having day to day responsibility for ensuring compliance.
## **Plans for future periods**
Early in the new financial year we will be holding a Board Strategy Day with an external facilitator provided by PilotLight. We will be reviewing the current strategic plan which is drawing to an end and developing a new Strategic Plan 2022 - 2027 focus on ensuring the sustainability and financial viability of the community. Our vision and mission remain the same, with an emphasis in the new strategic plan of consolidation and improvement in all areas of the Charity and social enterprise.
## **Members' liability**
The Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up.
Page 8
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
................................................ ................................................ **H Cadman T L Pinter**
Date:
Page 9
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
**INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **Independent examiner's report to the Trustees of Emmaus Suffolk Limited ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2022.
## **Responsibilities and basis of report**
As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 10
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
## **INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 19 April 2023
Giles Kerkham FCA DChA
Larking Gowen LLP Chartered Accountants 1 Claydon Business Park Great Blakenham Ipswich IP6 0NL
Page 11
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2022**
|**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Investments
5
**Total income**
**Expenditure on:**
Raising funds
6
Charitable activities
**Total expenditure**
**Net (expenditure)/income**
Transfers between funds
15
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2022**
**£**
**215,447**
**-**
**-**
**215,447**
**-**
**246,266**
**246,266**
**(30,819)**
**6,061**
**(24,758)**
**77,255**
**(24,758)**
**52,497**|**Unrestricted**
**funds**
**2022**
**£**
**79,645**
**231,057**
**104**
**310,806**
**170,690**
**135,839**
**306,529**
**4,277**
**(6,061)**
**(1,784)**
**182,451**
**(1,784)**
**180,667**|**Total**
**funds**
**2022**
**£**
**295,092**
**231,057**
**104**
**526,253**
**170,690**
**382,105**
**552,795**
**(26,542)**
**-**
**(26,542)**
**259,706**
**(26,542)**
**233,164**|_Total_
_funds_
_2021_
_£_
_220,201_
_117,863_
_6_
_338,070_|
|---|---|---|---|---|
|||||_101,250_
_233,252_
_334,502_|
|||||_3,568_
_-_
_3,568_|
|||||_256,138_
_3,568_
_259,706_|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 16 to 33 form part of these financial statements.
Page 12
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee) REGISTERED NUMBER: 06686196**
## **BALANCE SHEET AS AT 30 SEPTEMBER 2022**
|**Note**
**Fixed assets**
Tangible assets
11
**Current assets**
Stocks
12
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Restricted funds
15
Unrestricted funds
15
**Total funds**|**2,370**
**21,811**
**211,851**
**236,032**
**(52,404)**|**2022**
**£**
**49,536**
**49,536**
**183,628**
**233,164**
**233,164**
**52,497**
**180,667**
**233,164**|_1,500_
_20,704_
_246,485_
_268,689_
_(26,481)_|_2021_
_£_
_17,498_|
|---|---|---|---|---|
|||||_17,498_
_242,208_|
|||||_259,706_|
|||||_259,706_|
|||||_77,255_
_182,451_|
|||||_259,706_|
Page 13
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee) REGISTERED NUMBER: 06686196**
## **BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2022**
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................ ................................................ **H Cadman T L Pinter**
Date:
The notes on pages 16 to 33 form part of these financial statements.
Page 14
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
|**Cash flows from operating activities**
Net cash used in operating activities
**Cash flows from investing activities**
Dividends, interests and rents from investments
Purchase of tangible fixed assets
**Net cash used in investing activities**
**Cash flows from financing activities**
**Net cash provided by financing activities**
**Change in cash and cash equivalents in the year**
Cash and cash equivalents at the beginning of the year
**Cash and cash equivalents at the end of the year**
The notes on pages 16 to 33 form part of these financial statements|**2022**
**£**
**5,741**
**104**
**(40,479)**
**(40,375)**
**-**
**(34,634)**
**246,485**
**211,851**|_2021_
_£_
_8,467_
_6_
_(8,040)_
**(8,034)**
**-**
**433**
_246,052_
_246,485_|
|---|---|---|
Page 15
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **1. General information**
The company is a company limited by guarantee (company no. 06686196, registered England & Wales). The members of the company are the Trustees named on page 1.
The registered office is 216 Dales Road, Ipswich, Suffolk, IP1 4JY.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The financial statements are presented in Sterling (£) and rounded to the nearest £.
Emmaus Suffolk Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Page 16
**(A company limited by guarantee)**
## **EMMAUS SUFFOLK LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **2. Accounting policies (continued)**
## **2.3 Expenditure (continued)**
All expenditure is inclusive of irrecoverable VAT.
## **2.4 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.5 Tangible fixed assets and depreciation**
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.
Depreciation is provided on the following basis:
Plant, machinery and motor - 25% reducing balance vehicles Fixtures, fittings and equipment - 33% reducing balance Leasehold improvements - 10% straight line
## **2.6 Stocks**
Stock is donated to the charity and as such it is not practical to provide a realistic estimation of its value.
Stock purchased for resale are valued at the lower of cost and net realisable value.
## **2.7 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.8 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Page 17
**(A company limited by guarantee)**
## **EMMAUS SUFFOLK LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **2. Accounting policies (continued)**
## **2.9 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **2.10 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.11 Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## **2.12 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 18
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **3. Income from donations and legacies**
|Donations
Grants
Donations
Grants
Government grants
**Income from charitable activities**
Retail charity shop
Cafe income
Housing benefit received|**Restricted**
**funds**
**2022**
**Unrestricted**
**funds**
**2022**
**£**
**£**
6,800
34,732
208,647
44,913
215,447
79,645
_Restricted_
_funds_
_2021_
_Unrestricted_
_funds_
_2021_
_£_
_£_
_-_
_22,890_
_126,355_
_53,196_
_-_
_17,760_
_126,355_
_93,846_
**Unrestricted**
**funds**
**2022**
**£**
177,427
16,769
36,861
231,057|**Total**
**funds**
**2022**
**£**
**41,532**
**253,560**
**295,092**|
|---|---|---|
|||_Total_
_funds_
_2021_
_£_
_22,890_
_179,551_
_17,760_
_220,201_|
|||**Total**
**funds**
**2022**
**£**
**177,427**
**16,769**
**36,861**
**231,057**|
## **4. Income from charitable activities**
Page 19
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **4. Income from charitable activities (continued)**
|_Unrestricted_
_funds_
_2021_
_£_
Retail charity shop
_98,645_
Housing benefit received
_19,218_
_117,863_
**5.**
**Investment income**
**Unrestricted**
**funds**
**2022**
**£**
Interest receivable
104
_Unrestricted_
_funds_
_2021_
_£_
Interest receivable
_6_
**6.**
**Expenditure on raising funds**
**Costs of raising voluntary income**
**Unrestricted**
**funds**
**2022**
**£**
Advertising, marketing, direct mail and publicity
6,327|_Total_
_funds_
_2021_
_£_
_98,645_
_19,218_
_117,863_|
|---|---|
||**Total**
**funds**
**2022**
**£**
**104**|
||_Total_
_funds_
_2021_
_£_
_6_|
||**Total**
**funds**
**2022**
**£**
**6,327**|
Page 20
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **6. Expenditure on raising funds (continued)**
|Advertising, marketing, direct mail and publicity
**Fundraising trading expenses**|_Unrestricted_
_funds_
_2021_
_£_
_3,387_|_Total_
_funds_
_2021_
_£_
_3,387_|
|---|---|---|
||||
|**Unrestricted**
**funds**
**2022**
**£**
Warehouse
195
Insurance
4,204
Subscriptions
2,812
Companion expenses
15,055
Wages and salaries
135,394
Employer NI
5,794
Pension costs
909
164,363
_Unrestricted_
_funds_
_2021_
_£_
Warehouse
_2,850_
Insurance
_4,012_
Subscriptions
_798_
Companion expenses
_3,615_
Wages and salaries
_84,274_
Pension costs
_2,314_
_97,863_|**Total**
**funds**
**2022**
**£**
**195**
**4,204**
**2,812**
**15,055**
**135,394**
**5,794**
**909**
**164,363**|
|---|---|
||_Total_
_funds_
_2021_
_£_
_2,850_
_4,012_
_798_
_3,615_
_84,274_
_2,314_
_97,863_|
Page 21
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **7. Analysis of expenditure by activities**
|Retail charity shop
Cafe
Head office
Retail charity shop
Housing benefit received
Cafe
Head office|**Activities**
**undertaken**
**directly**
**2022**
**£**
189,783
31,450
41,901
263,134
_Activities_
_undertaken_
_directly_
_2021_
_£_
_108,904_
_3,286_
_256_
_38,300_
_150,746_|**Support**
**costs**
**2022**
**£**
25,005
-
93,966
118,971
_Support_
_costs_
_2021_
_£_
_19,236_
_-_
_-_
_63,270_
_82,506_|**Total**
**funds**
**2022**
**£**
**214,788**
**31,450**
**135,867**
**382,105**|
|---|---|---|---|
||||_Total_
_funds_
_2021_
_£_
_128,140_
_3,286_
_256_
_101,570_
_233,252_|
Page 22
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Staff costs
Rent, rates and insurance
Direct running costs
Motor expenses
Property running expenses
IT, printing and stationery
Repairs and maintenance
General expenses
Cafe running expenses
House costs
The Royal Oak Building Expenses
Therapeutic offers
Stipends|**Total**
**funds**
**2022**
**£**
**75,002**
**58,242**
**6,776**
**4,659**
**19,394**
**15,277**
**12,145**
**1,290**
**19,048**
**-**
**41,901**
**2,871**
**6,529**
**263,134**|_Total_
_funds_
_2021_
_£_
_56,043_
_35,602_
_14,015_
_2,151_
_11,085_
_10,522_
_7,719_
_1,333_
_-_
_3,286_
_8,990_
_-_
_-_
_150,746_|
|---|---|---|
## **Analysis of support costs**
|Staff costs
Depreciation
Staff training
Telephone and internet
Office expenses
Accountancy fees
Legal and professional fees|**Total**
**funds**
**2022**
**£**
**95,328**
**8,441**
**3,384**
**4,772**
**690**
**3,309**
**3,047**
**118,971**|_Total_
_funds_
_2021_
_£_
_64,430_
_4,210_
_1,845_
_2,338_
_45_
_4,657_
_4,981_
_82,506_|
|---|---|---|
Page 23
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **8. Independent examiner's remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £2,600 ( _2021_ - _£2,400_ ).
## **9. Staff costs**
|Wages and salaries
Social security costs
Contribution to defined contribution pension schemes|**2022**
**£**
**292,115**
**15,485**
**4,827**
**312,427**|_2021_
_£_
_192,330_
_9,713_
_5,018_|
|---|---|---|
|||_207,061_|
The average number of persons employed by the Charity during the year was as follows:
|Charitable activities
Governance|**2022**
**No.**
**17**
**1**
**18**|_2021_
_No._
_11_
_1_|
|---|---|---|
|||_12_|
No employee received remuneration amounting to more than £60,000 in either year.
The remuneration of key management personnel for the year totalled £127,625.
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2021 - £NIL)_ .
During the year ended 30 September 2022, no Trustee expenses have been incurred _(2021 - £NIL)_ .
Page 24
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **11. Tangible fixed assets**
|**Cost or valuation**
At 1 October 2021
Additions
At 30 September 2022
**Depreciation**
At 1 October 2021
Charge for the year
At 30 September 2022
**Net book value**
At 30 September 2022
_At 30 September 2021_|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**
**30,252**
**-**
**30,252**
**16,335**
**3,479**
**19,814**
**10,438**
_13,917_|**Fixtures,**
**fittings and**
**equipment**
**£**
**1,633**
**6,222**
**7,855**
**847**
**2,313**
**3,160**
**4,695**
_786_|**Leasehold**
**improvemen**
**ts**
**£**
**3,493**
**34,257**
**37,750**
**698**
**2,649**
**3,347**
**34,403**
_2,795_|**Total**
**£**
**35,378**
**40,479**
**75,857**|
|---|---|---|---|---|
|||||**17,880**
**8,441**
**26,321**|
|||||**49,536**|
|||||_17,498_|
## **12. Stocks**
|Cafe stock
Goods for resale|**2022**
**£**
**870**
**1,500**
**2,370**|_2021_
_£_
_-_
_1,500_
_1,500_|
|---|---|---|
Page 25
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **13. Debtors**
|**Due within one year**
Trade debtors
Other debtors
Prepayments and accrued income
Tax recoverable|**2022**
**£**
**-**
**1,045**
**15,667**
**5,099**
**21,811**|_2021_
_£_
_174_
_5,454_
_11,287_
_3,789_|
|---|---|---|
|||_20,704_|
## **14. Creditors: Amounts falling due within one year**
|Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income|**2022**
**£**
**33,267**
**8,920**
**2,096**
**8,121**
**52,404**|_2021_
_£_
_14,048_
_4,486_
_1,507_
_6,440_|
|---|---|---|
|||_26,481_|
Page 26
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **15. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
**Designated funds**
Community cafe
**General funds**
General Funds
**Total Unrestricted funds**|**Balance at 1**
**October**
**2021**
**£**
**-**
**182,451**
**182,451**|**Income**
**£**
**17,000**
**293,806**
**310,806**|**Expenditure**
**£**
**(17,000)**
**(289,529)**
**(306,529)**|**Transfers**
**in/out**
**£**
**-**
**(6,061)**
**(6,061)**|**Balance at 30**
**September**
**2022**
**£**
**-**|
|---|---|---|---|---|---|
||||||**180,667**|
||||||**180,667**|
Page 27
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **15. Statement of funds (continued)**
|
**Restricted funds**
IBC travel fund
PCC fund
Warehouse
Community cafe
Masonic charitable
Reaching communities
Emmaus UK
Felixstowe Hub
Music Hub
LEP fund
B&Q foundation
SSE
Kids & Carers
Community fridge
Cook club
Garfield Weston
Hopestead
One Pot Wonder (Axter)
**Total of funds**|**Balance at 1**
**October**
**2021**
**£**
**1,850**
**5,770**
**5,832**
**18,279**
**32,000**
**13,524**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**77,255**
**259,706**|**Income**
**£**
**-**
**-**
**-**
**-**
**-**
**86,500**
**29,959**
**20,325**
**2,620**
**19,156**
**5,000**
**12,087**
**5,000**
**3,000**
**5,000**
**15,500**
**10,000**
**1,300**
**215,447**
**526,253**|**Expenditure**
**£**
**(1,875)**
**(5,770)**
**-**
**(20,012)**
**(31,538)**
**(103,337)**
**(30,860)**
**(20,414)**
**(2,618)**
**(8,648)**
**(5,000)**
**(2,500)**
**(1,028)**
**(3,000)**
**(357)**
**(1,893)**
**(7,416)**
**-**
**(246,266)**
**(552,795)**|**Transfers**
**in/out**
**£**
**25**
**-**
**-**
**1,733**
**-**
**3,313**
**901**
**89**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**6,061**
**-**|**Balance at 30**
**September**
**2022**
**£**
**-**
**-**
**5,832**
**-**
**462**
**-**
**-**
**-**
**2**
**10,508**
**-**
**9,587**
**3,972**
**-**
**4,643**
**13,607**
**2,584**
**1,300**
**52,497**
**233,164**|
|---|---|---|---|---|---|
Page 28
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **15. Statement of funds (continued)**
The purpose of each restricted fund is as follows:
IBC travel fund - To refund volunteers' travel costs to and from sites and providing fresh food for packed lunches.
PCC fund - To increase the variety of activities at both Ipswich and Felixstowe hubs.
Warehouse - To fund rent and business rates for the Warehouse
Community Cafe - To cover core costs of the community cafe project
Masonic Charitable - To fund a specific service with the hub supporting those at risk of homelessness
Reaching Communities - To fund a third hub and a second community house, this is funding for three years
Emmaus UK - Reimbursement of specific costs
Felixstowe Hub - To help fund staffing and activities at the Felixstowe hub
Music Hub - To fund a music club within the Ipswich hub
LEP fund - Funding to employ a support worker for the workshop and to develop the workshop service to a cost neutral service
B&Q Foundation - Monies towards the refurbishment of the garden at Royal Oak
SSE - Assistance towards core costs at Royal Oak
Kids & Carers - To provide a kids and carers lunch club at Royal Oak
Cook Club - To provide a cooking club at the community cafe
Garfield Weston - Funding towards the hubs and co-ordinators
Hopestead - Funding for core costs of the community cafe project
## **Transfers**
The transfers from unrestricted funds to restricted funds is to support projects where the costs are not fully covered by restricted income. .
Page 29
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **15. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
General Funds
**Restricted funds**
IBC travel fund
PCC fund
Warehouse
Community cafe
Masonic charitable
Reaching communities
Emmaus UK
Felixstowe Hub
Workshop
Felixstowe big lottery
Health & Safety
IBC Comm Cash
Business Advisor
Homeless link Covid
Big lottery Covid support
Craft online
DCMS Lloyds
**Total of funds**|_Balance at_
_1 October_
_2020_
_£_
_127,917_
_3,186_
_18,418_
_25,710_
_-_
_-_
_-_
_-_
_22,109_
_13,856_
_9,200_
_734_
_2,120_
_4,000_
_8,919_
_19,969_
_-_
_-_
_128,221_
_256,138_|_Income_
_£_
_211,715_
_-_
_-_
_-_
_20,000_
_32,000_
_45,250_
_4,909_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_7,000_
_17,196_
_126,355_
_338,070_|_Expenditure_
_£_
_(156,906)_
_(1,336)_
_(12,652)_
_(19,878)_
_(1,721)_
_-_
_(31,726)_
_(4,909)_
_(22,248)_
_(13,856)_
_(9,200)_
_(752)_
_(2,120)_
_(4,000)_
_(8,919)_
_(19,969)_
_(7,000)_
_(17,310)_
_(177,596)_
_(334,502)_|_Transfers_
_in/out_
_£_
_(275)_
_-_
_4_
_-_
_-_
_-_
_-_
_-_
_139_
_-_
_-_
_18_
_-_
_-_
_-_
_-_
_-_
_114_
_275_
_-_|_Balance at_
_30_
_September_
_2021_
_£_
_182,451_|
|---|---|---|---|---|---|
||||||_1,850_
_5,770_
_5,832_
_18,279_
_32,000_
_13,524_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_77,255_|
||||||_259,706_|
Page 30
## **EMMAUS SUFFOLK LIMITED (A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **16. Summary of funds**
## **Summary of funds - current year**
|Designated funds
General funds
Restricted funds|**Balance at 1**
**October**
**2021**
**£**
**-**
**182,451**
**77,255**
**259,706**
_Balance at_
_1 October_
_2020_
_£_
_127,917_
_128,221_
_256,138_|**Income**
**£**
**17,000**
**293,806**
**215,447**
**526,253**
_Income_
_£_
_211,715_
_126,355_
_338,070_|**Expenditure**
**£**
**(17,000)**
**(289,529)**
**(246,266)**
**(552,795)**
_Expenditure_
_£_
_(156,906)_
_(177,596)_
_(334,502)_|**Transfers**
**in/out**
**£**
**-**
**(6,061)**
**6,061**
**-**
_Transfers_
_in/out_
_£_
_(275)_
_275_
_-_|**Balance at**
**30**
**September**
**2022**
**£**
**-**
**180,667**
**52,497**
**233,164**|
|---|---|---|---|---|---|
||||||_Balance at_
_30_
_September_
_2021_
_£_
_182,451_
_77,255_
_259,706_|
|**Summary of funds - prior year**||||||
|General funds
Restricted funds||||||
## **17. Analysis of net assets between funds**
**Analysis of net assets between funds - current year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Restricted**
**funds**
**2022**
**Unrestricted**
**funds**
**2022**
**£**
**£**
-
49,536
52,497
183,535
-
(52,404)
52,497
180,667|**Total**
**funds**
**2022**
**£**
**49,536**
**236,032**
**(52,404)**
**233,164**|
|---|---|---|
Page 31
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **17. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|_Restricted_
_funds_
_2021_
_£_
_-_
_77,255_
_-_
_77,255_|_Unrestricted_
_funds_
_2021_
_£_
_17,498_
_191,434_
_(26,481)_
_182,451_|_Total_
_funds_
_2021_
_£_
_17,498_
_268,689_
_(26,481)_
_259,706_|
|---|---|---|---|
## **18. Reconciliation of net movement in funds to net cash flow from operating activities**
|Net income/expenditure for the year (as per Statement of Financial
Activities)
**Adjustments for:**
Depreciation charges
Dividends, interests and rents from investments
Decrease/(increase) in stocks
Increase in debtors
Increase in creditors
**Net cash provided by operating activities**
**19.**
**Analysis of cash and cash equivalents**
Cash in hand
**Total cash and cash equivalents**|**2022**
**£**
**(26,542)**
**8,441**
**(104)**
**(870)**
**(1,107)**
**25,923**
**5,741**
**2022**
**£**
**211,851**
**211,851**|_2021_
_£_
_3,568_
_4,210_
_(6)_
_-_
_(1,822)_
_2,517_
_8,467_
_2021_
_£_
_246,485_
_246,485_|
|---|---|---|
Page 32
## **EMMAUS SUFFOLK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022**
## **20. Analysis of changes in net debt**
|Cash at bank and in hand|**At 1**
**October**
**2021**
**£**
**246,485**
**246,485**|**Cash flows**
**£**
**(34,634)**
**(34,634)**|**At 30**
**September**
**2022**
**£**
**211,851**
**211,851**|
|---|---|---|---|
## **21. Pension commitments**
The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £4,827 (2021 - £5,018). £841 (2021: £1,232) were payable to the fund at the balance sheet date and are included in creditors.
## **22. Operating lease commitments**
At 30 September 2022 the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows:
|Not later than 1 year
Later than 1 year and not later than 5 years|**2022**
**£**
**56,503**
**101,319**
**157,822**|_2021_
_£_
_39,211_
_58,698_|
|---|---|---|
|||_97,909_|
## **23. Related party transactions**
The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 30 September 2022.
Page 33