Re£lstered Number: 06616666 Charity number: 1128162 EMMAUS SALFORD (A Company Limited by Guarantee) TRUSTEES REPORT AND FINANCIAL STATEMENTS For the Year Ended 30 JUNE 2024 EMMAUS SALFORD (A Company Limited by Guarantee) CONTENTS Page Tn￿te09. Report Independent Examiners Report Statement of Financial Actlvllles Balance Sheet Cash flow statement io Notgs to tho Flnan¢lal Statsments 11-24 EMMAUS SALFORD Report of the trustses for the year ended 3￿ June 2024 The trustees present their annual directors, report and financial statements of the charity for the year ended 30, June 2024 which are also prepared to meet the requiremerrts for directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011. the Companies Act 2006, the Memoranduffl and Articles of Association. and the Accounting and Reporting by Charities." Statement of Recommended Practice applicable to charities prepanng their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102}- Objectives and activities The purposes of the chartty are the alleviation and relief of poverty, hardship, and arising therefrom in Conforman￿ wrth the pnnciples of the Emmaus Movement. The provision of accommodation. or assistance in such rnvision, for hcrfneless people on the Salford area and such other places as may see appropriate from time to time (the "beneficianes')- The rehabilitation of the benefiaaries. as appropriate. and the provisions of education. training (including, without limitation, employment training) and work opportunÉties. Satisfaction for the beneficiaries, Vlith the purpose of developing their skills to enable them to gain employment in the future and thereby develop a sense of self-worth and dignity through having a self-supporting lrfe. The work of other Emmaus communrties and groups or other agencies in the relief of poverty and homelessness, whether in the United Kingdom or elsewhere in the world, and, in particular, (without limitation) by the exchange of resour￿$, infomiation and expertise with other Emmaus projects worldwide. The primary objective is the development of a self-sufficient community providing accommodation and a meaningful voluntary work environment. with an appropnate level of support for previousty homeless people, and other who may te soaalty disadvantsged. The community provides a welcoming and supportive place to live and work and for each person to develop within it. On admission to the community, companions (our residents) relirtrquish y￿lfare benefits, however housing benefit is claimed as companions are entrtled to such claims. The community remains reliant on this income stream to provide the support services and homes for companions. The charity's long-temi focus is to increase the income from the social enterprise in such a way as to have a surplus, thus reducing reliance on daims for statutory benefrts. However, trustees acknowledge that. for the foreseeable future, rt is not feasible to set a timescale for achieving this. The charity's business and income generating adivtties are the key focus for development over the next 5 years. Additionally. the charity operates two strands of Solidarity work. the broader traditional Solidartty activity of an Emmaus community, led by companions in supporting those less fortunate than themsefves and, since 2017, the charity has also EMMAUS SALFORD 0￿rated and is developing a Solidarity Outreach Programme for the viider Salford communrty. This includes Lucie's Pantry (a soaal supemiarket). a school unifomi recycling hub and the charrty operates the People's POD'S that are part of the A Bed Every Night programme (ABEN) in Greater Manchester. Public benefit The trustees confimi that they have referred to the Charity Commission's guidance on public benefil when reviewing the charity's aims and obj'ectives, in planning future activities. and setting the policies for the year. A review of our achlevements and perfornianca We are proud of suc￿sSfUl￿ moving several of our Companions into their own independent accommodation and especially because they have a¢hieved employment. We strive to support our Companions to develop independence. It takes time and no one is forced to move on unless they feel they are ready. The fact that several have moved on is a measure of our suc￿Ss. We have supported Companions in training courses, developing their skills and gaining in confidence. We have engaged Y￿th olher agenries, charities, and businesses to ensure the best outcomes for our Companions. Financlal revlew This financial year has presented many challenges. The costs incurred in running the Communrty Home, particulady gas and electricrty, have increased signrficantly. Nevertheless, because of strid cost fflanagement and carefvl budgeting, we have maintained a secure financial basis on which to build for the future. The very healthy reserves fund is essential because we do need to find new premises which is proving a real challenge. Investment powers and policy Aside from retaining a prudent amount in reserves each year, most of the charity's funds are to be spent in the short tem so there are few funds for any longer-tem investmenL Reserves policy and going concem The balance held in reserves at 30Tr June 2024 was £170.746 of whith £151,306 are free resetves, after allowng for funds tied up in fixed assets. The Iruslees consider that Emmaus Salford should hold suffiaent reseNes to.. Support the welfare of companions Maintain Emmaus House and surrounding buildings Support Lucie's Pantry The charity's reserves will help to ensure that we can continue to provide accommodation and work for our beneficiaries. The trustees regularly review th8 charrty's rese￿e$ policy. During the financial years. reserves have improved consistently and, although the figures have not necessarily remained at the target level. the trading figures show a marked improvement, strengthening the general perfonnance. EMMAUS SALFORD The policy of actively encouraging companions into employment and independent living, although slow, has worked with a number of success stories. To complement this. new procedures lo take on new companions to Yill the gaps. in the community have provided an increasing number. resuhing in a constant occupation level and people able lo actively engage in the work of the charty. The trustees are confident that the system is working V￿11 and that the reserves are at a safe operational level. The trustees are aware of the need to maintain a strong reserves policy. A rigorous review of expenditure has been undertaken and is maintained dunng the day-104ay operation of the charity. Staff are alert to the need to be financially prudent in a diffiGult financial climate. Financially caLAious management is the order of the day. mindful of the need to ensure that reserves are Pfeserved. Risk management The Charrty is risk averse in all its activrties. Staff all complete training in all areas of managing risk. The Chanty adheres to the standards required by Emmaus UK and takes every step possible to ensure the sm¢X)th and efficient running of the organisalion. Plans for Future Periods The plans to redevelop the stte in Ftlzwarren Street Salford continue. Our 2 primary challenges are to continue the smooth running of the Charity BUT to find a new site from vthich we may operate in the future. Structure, governance, and management Emmaus Salford is a company limited by guarantee, number 06616666, govemed by its Memorandum and Articles of Association dated 15tJune 2008. It is registered as a charity with the Charity Commission. number 1128162. on 19 February 2009. In the event of being wound up, trustees are required to contribute an amount not exceeding £1. Appointment of trustees As set oul in the Articles of Assoaation trustees are elected annually by the members of the charitable company attending the Annual General meeling. The trustees retire by rotation. The board has an agreed pro￿dure for the app￿ntrnent of trustees. and all are appointed following open advertisement. Trustee induction and training New Trustees have been intrOdU￿d with a variety of expertise. Steps are taken to ensure a clear introduction to the running of the Charity and their responsi￿.1111es as Trustees. Organi$ation A scheme of delegation is in pla￿ and day to day responsibility for the provision of services rest wrth the senior management team. EMMAUS SALFORD Related partie$ and CO•operation with other oryanisations None of our trustees re￿1ve remuneration or other benefit from their work wtth the chanty. Any connection between a trustee or senior manager wrth any service prowders must be disclosed to the full board of trustees in the same way as any other contractual relationship wrth a related party. Reference and administrative inforniation Company and Charity Name.. Emmaus Salford Charity Number.. 1128162 Company Registration Number. C6616666 Directors and trustees The directors of the charitable company {the charity) are its trustees for the purpose of harity law. The trustees and Offi￿rS serving during the year and since the year end were as follows.. Key management personnel: Trustees and Directors lan Cottam Hilary Dunn Marie Grrffrths Erin Portsmouth Simon Hindley Janet Davies Louise Carney Marc Stanton Lisa Clay Emma Sharples Kirsty Fitzsimons Chair (resigned October 2023) (appointed April 2024, resigned September 2024) (appointed September 2024) (appointed July 2024) Senlor managers J Smith CEO Registered Office Emmaus House 101 FitzWa￿en Street Salford M6 5RQ Independent Examiners12024) Community Accountancy servi￿ Limited The Grange Pilgrim Drive Beswick Manchester M11 3TQ EMMAUS SALFORD Independent Examiners (2023) Gortons Chartered Ac¢ountants Slanmore House 64-68 Blackburn Street Radcliffe Manchester M26 2JS Bankèrs CAF Bank 25 Kings Hill West Malling Kent ME194JQ Virgin Money 30 Sl Vincent Pla Glasgow G12HL Nat West Prestwich Manchester M8 5NW EMMAUS SALFORD Trustees, responsibilities in relation to the financial statements The charity trustees {who are also the diredors of Emmaus South Manchester Ltd for the purposes of company law) are responsible for preparing a trustees, annual report and financial 5tatemen15 in accordance with applicable law and United Kingdom Accounting Standards (United 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 chantable company and of the incoming resources and application of resources. including the income and exFenditure, of the charitable company for that period In preparing the financial ststements, the trustees are required to.. Select suilable accounling principles and then apply them consistently.. Observe the methods and prin￿pIeS in Ihe applicable Charities SORP" Make judgments and estimates that are reasonab￿ and prudent". State whelher applicable accounting Standards have been followed, subject to any material departures that must be disdosed and explained in the financial statements., Prepare the financial statements on a going GOn￿M basis unless it is appropnate to presurne that the charty will not continue in business. The trustees are responsible for keeping proper accounting records that disdose with reasonable a¢¢uracy al any time the financial position of the tharty and to enable them to ensure that the finanaal statements comply with the Companw Act 2006. They a￿ also responsible for safeguarding the assets of the charity and tsking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the board of trustees Hilary Dunn Chair Date: 4" March 2025 Ind¢p¢ndent examiner's report to the trustees of EMMAUS SALFORD I report on the accounts of the company for the year ended 30 June 2024. which are sel out on pages 8 to 24. Respective responsibilities of trusttts and examiner The trusiees (who are also the directors of the company for th¢ purws¢s of company law) are rcsponsiblc for the preparation of th¢ accounts. Th¢ ts￿le¢S consider that an audit is not requiTed for ihis N'ear under section 144(2) of the Chartties Act 2011 (the 2011 Act) and that an 1ndL￿nden1 examination is needed. The charity is r¢quir¢d by company law to prepare acLTued accounts and l am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. Having salisfied myself that the charity is not subject to audit under company law and is eligibl¢ for ind¢pend¢nt examination. it is my reswnsibility to: examine the accounts under section 145 of the 2011 Act . lo follow the procedures laid do%vn in the general Directions given by the Charity Commission under scction 145(b) of the 2011 Act. and to stale whether particular matte[5 have come to my attention. Basis of independent examiner's report My examination w&s carried out in accordance with the general Dir¢ctions given by the Charity Commission. An examination includes a reiiew of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanalions frotn you as t￿￿teeS concerning any such matters. Th¢ procedures undertaken do not provide a]1 the evidence ihat would be required in an audit and cons¢quently no opinion is given &$ to .hether the accounls present a "true and fair vi¢w' and th¢ ￿port is limited to th0￿ matters set oul in lh¢ statement below. Independent examiner's statement In Lonnection wilh Tny exaTninalion. no rnatter has come to my attention: ( l ) which gives me reasonable cause to believe that in any material respect th¢ requirements to keep accounting records in accordance with section 386 of the Companies Act 2006. lo prepare accounls which accord with th¢ accounting r¢¢ords. comply with the accounttng requiremenls of section 396 of the Companies Act 2006, . and ith the method5 and principle5 of the Ststement of Recommended Practice: Accounting and Reporting by Chariti¢s have not been meL or (2) lo which, in my Opinio￿ attention should IK drawn in ord¢r to enable a prO￿r understanding of the accounts to be re￿hed. AM King FCCA Communily Accounlancy S¢rvi¢e Ltd The Grange, Pilgrim DrR%'¢. B¢swicL Manchester, Ml13TQ Date: 4" March 2025 EMMAUS SALFORD ¢ACry￿lIMlted lryGu•raiteel Inco ndEx d1￿￿* Accr F•rTh• Y•tr Endad Totsl Tc4ai Fur Fund Fynd• 2024 2023 INCOME FROM= ahons and ￿a￿e& Charilab* ACIN￿e5 Inyesimeffl Incom8 C)thpr Inr￿me TOTAL INCOIING RESOURCES 46.886 414.174 6tg 52.327 424.991 432 4.624 482,374 351.174 619 398.679 63.(L 461,679 EXPENDITURE ON: ChaiitsN& Ath¥l￿s 161 295.705 136.429 432.134 434,723 TOTAL RESOURCES EXPENDED 295,705 136,429 432,134 434,723 MET INCOME I IEXPENDrruREI 102?74 173.4291 29.545 47,651 RECONCILIATION OF FUNDS: Brought f￿rd 67.772 73.429 14L201 93.550 Transfers fiJThJs C*vrlBd fon¥ard 1161 170.746 170.746 141.201 The st8￿ment of￿￿ntIal ackniies uiLaLwJes al gains losses reoyJn*ed in ts year. A• kncome EMMAU55ALFORD BALAPKE SHEET As at 30 June 2024 2023 FIAod ase•i8'. TaryiNe assets TrA* fixeil a$5ets 1101 19.440 19.440 27.629 27.629 Curnènt ts8•t&' Stock5 Debtors Cash ai Bank & in H￿d Total current assets 2,720 35,903 182,066 35.995 159.C61 195.056 LlabHIt*¥: CTedrtors". An¥J￿IS la￿ year 131 30.750 94.117 Net cu￿e￿I3$Sets k"$l*es 164.306 126.572 Total assets w curTeftt liatirf 183.746 154.201 QtdiloTr Arrywrts falw¥J allermre lh￿ one I13.￿) 113.OtM)I Toi•l n8ta880ts or Il•bMIII•¥ 170.746 141.201 The Oft￿ ¢h•rlty: Restricted inceme funds n.429 Unr25tricted in(omefurKIs 1161 170.748 67.772 Totsl th¥lty 170.746 141201 For the pefiod in question the ci)mpanywas entit￿d to the exemptth conferred bysedKsn 477ofthe Compan￿5 *Lt 2￿. and that no nGtice has been deposited under sertA)n 476 In relation to itsxcovnts for rhe financial year., and the director5 acknowledge their responsibilities for." - comptyingwith the requirements of thecompan￿Acr 21Kbwth resFect to acrouming record5and the preparotion of account5. The financgl ststements ha%* been pfepared in accrydancewrththe prowly1￿5￿l￿ablPto compan*s subject tothe smal CL*npanies' regime and in ac¢tydan£e with the woviyonsof FRS 102. The financ*1 statements were apwoved and atrtlvi5ed for bS5ue bytheTru5teÉs on 4th Marth 2025 rMI si8ned on their behaifby.. Ilary fknn Cha 10 CASH FLOWSTATEIAENT FOR THE YEAR ENDED 30 JUNE 2024 2023 119.4041 49.564 Cash flDWS trom mvestrfth)t ac*¥ib8S.' Irtsresi frorn ￿VeStM￿ts Pwthase ol prO￿rtY. pl￿tt and equymetht 619 14.2201 432 13.fA)1 432 Change in cash¥rNJ Gosh ewN*nts durhYJ yt 123.CU51 49,9 Cash a￿1 c45h equNalwts a¢trE ofthè ￿ar 182. 132,070 C￿h and •4uiv41oni8 altr• ollh8 YW 189.061 182.066 Net oUtE￿ng resource5 DeprecIat￿n of unEible fixed assets lThvestment iniome Decre35e/lincrea5el sn Stocks Decreose/lir￿re3se> in debtors Increa5e/ldpcrea5el in Iredttors 29.545 12.409 16191 47.651 12.379 1432 18001 12.4461 16.9681 192 f63.36 119.4041 49.$64 rth5 ￿ p•Jes 11 to 24 fr*m part ofthese ￿ 5tatwwrt5. EMM*iISSAiFORD lAC￿￿T Limited Iw Guarnnttel Forth• Y•w End*1 30 Ju•0 2024 I. GENEIiAL ty4FORMAmON Emmaus Sallord 1$ a registered chatty tr¢xn EmmaL* sal￿ to supwt Lmdei W￿￿￿￿KS& Emmaus mdel The chwity ks a cOMp￿Y limiied by aTrJ B irK)w8tsJ in arK1 W*s. Thè athyress of ts regthrgJ otfic£ 15 Emmaus H￿Se. 101 Fiknarren Streei SaKLYd K16 5RQ. Theintst*s th8 CW lo be a p￿1Gb￿rrfft entity. 2. ACCOUKnNG POUCJES 2.18ASIS OF PREPAAATIOP4 OF FINANaAL￿ATEmEiirS The financial 5tatemeTrts have been prepared m accordance with theststementof Retcthmended Pratti ISORPI,'At¢ountinÉ and Reporting by Chariiies, pth1￿hed in 2019.ihe Companie5 Act and FinanckAI Rewtin8 Standard 102 IFRS 1021. the trustees ￿Ve reviewed the level of reserves avaiL3tAe tothe tharity and conyderit appropriate forthe charity to prepare tts actountsofi the ÉoinB ¢on¢ern basis. The turrent le¥el of reservestakes into a￿Unt the rist posed by falling ¢e¥els of Hou￿n8 8enefrt and the potential future loss of that income stream wth ihe Eovernrnerit changes to thè wÈKa*e system. 12 TANGIBLE FIXED ASSETS ANO DEPREQAIKIN All a55ets costirw more than £5CK) are taprtalised. Tangible fixed a55ets are stated atc05tl￿dep￿eClatth Deyecithn is prthlded at rates cakulated to ￿lle off the cost of fixed assets. less their estimated residual value. ove{￿reXPeCted usefi￿ INeson the following bases.. Leasehold ￿￿erat￿5 Motor Vehicle5 Fixwres and FittJnE5 12.5% 2￿ strym Ir 5travJht Iiie 2.3 COMPANY STATUS The chanly Is a c(Knpany IMr¥l&Y by guthee. wniv5 of Tr￿18￿$ narned on pap 1. In the e¥8nl of Ihe tr￿[1ty beirKJ w)urwJ up. the in ￿the guarartee 15 lo £1 d•. 2.4 FUND ACCOUNTING GerEral funds afe unfestricled finls a￿ avaiL4ble for atthe th$£¥e￿ oftr* Trw*es ￿ fL￿t￿ra1￿8 ofthe g￿ra1 04'èCtives ofthe ch¥ity art have nc4 W sjeswnated for otyv purposes. vjnated funds c(Knprtse L￿re￿nded fundsthat have set a5*Ye by TnJ5tee6 tr pWty¢￿r tmwses Tr am and Ltsa ofeaGh desvJnated fiJtKi is Set wt in tr* Mtes 10 financ•al statenwts. Restrittèd fun(È are funds which are to be used in accordance wrth speofK re5trKtions imp05e(I by dDTh)ts or whith have been raised by the charityfor ￿rt￿￿lar purpose5. Thec05ts of ¥ai51ng and admini5teringsuch funds arethw a8a¢nst rhe spetif fund. The aim and u5eol each restritted fund Is set ¢)ut Ihe notes to the finawal statementy There are 10 re5tricied fund5. Investment income. gain53nd k)$5e5 are al￿ated to the apF¥wviatelund. EMMAUS WORD IACompawiimitedbyGuwdrteel 12 ForthE Ytar Efided 30Jw* 2024 15 INCQMING AESOUACES All incominÉ resources are Included iThthe Staierrenr of FinarKial Act￿￿eS the(haiityis legally entiiled to ihe incorr* and the amount can be quanirfied wtth ￿asonableat1u[3¢Y. O¢nated servKes ￿ facilities. whKh comprise donated ser¥ices, are included in in(orne ata vahJatI￿ whith isan estimate of the rifiènoal c1>5t bume by the dor¥)rwhere such a rost is quan¢thatye and rr•&isurable. Noir￿[￿ne 15 recogni5ed where there 15 no financial c05t bome by a third parry. Incorne tax recoverable in resabon to dty)ationsre￿￿*d under GrIt￿l wdeedsofcovenant is retO8nised ètthetime of the donation. Income tax recoverable in reL7tyon w in￿ent KK(Kne 15 rLYrenised at the timethe investment income is re￿1¥able. 2.6 RESOUACÉSEXPENDED All expenditure 15 aciounted for on an accruals basis and hè5 been ￿defexpen5e cBte8oriE5 tt￿ta8¥re83te all costs for allttatiorl to actw1t￿s. Where costs cannot bed1r￿t￿ attributed to particul* ￿lM￿e$theY hove been allocated on 4 ba515 consistent ￿th the use of the resour￿ Fundtsising costs are those incurred in seeking vduntary ryffitnb¢rtKJft5 and do not indude the c05t5 of disstminatinÉ information in support of the thantable x(]￿les. Supky)rt costs are those costs Ir￿￿re￿ dirertly in SUPPDrt of expenditure on the objetts of the tharity and Include prqect management carried out at Emmaus ma5￿ty. Governa￿ costsare those iThCLfftd in connection with adTr¥nistration of the charity and compliancewith constituDfyvl and 5ts1Utory requirement5. Giant5 Payab￿ are char8ed in the year whentheoffer is rnade except in thDSE ￿Se5 where the offer is condityonèl, wth grants being recognised as expendtture when the conditions atLathin8 are fU￿11$ed. Grdnts offered subiKtto coniliti￿SwhICb ha¥e not been tnet at the year end are noted asa commthnt t•Jt nOt￿m￿o3$exPenth[￿. 2.7 OEBTORS Short term debtors3re rreasured attran5Kr￿n p￿￿. le55 aThyimpairment. Loafis rece￿￿ble are initiamy at fair¥alue, netof trèn5aCtion tosts, and art measLWtd subse4uentty at cost usir4theeffetti¥E inteTell rate method, lessany impairmefit. EMMAiISSALFORD 13 Forth¢Year Endtd joj￿e 2024 l AccouiifiNG PQLICIES (Corth￿dI 18 CASH ANDCASH EQUIVALE14TS Cash 15 represented by cash in hartd and depoyts *ith financi* rÈp3yab* Witho￿ penatyon notKe of not more than 24 houts. C3sh equivalent5 are high￿ liquid inve5tmentsthat mature in no morethan three months from the date of xou￿tiOn and that are lÈadity£￿5*rtlbleto krM)wn aftwJsJThts ofrath with ti5k of In ¥ab*. 2.9 FINANCIAL INSTRUMENT5 TkE tharily onty has finanoal assets 8TrJ &Jts"ht*s ofa kn1 IM qu*fy as f**K3al wisiith*rts. Basic fmancial instruments are In￿allY recogr•sed a trar6a¢Aw ¥a￿e atwj subsequenly rI*su￿d at Iher ￿ltlement %Yth the ex¢¥h)n ofbank loa￿ al￿ amthtsed ojsi us4vJ effecb"%% inlwE5t mettKxJ. 2.10 CREDITORS init￿81￿ al lair v8lue. net of Irawthn costs. Jrhy ￿ me*wed subse(p• at *nortised cost usty the effecbve irterest rth method. LII JUDGMENT5 IN APPLYING ACCQUPfflNG POUCIES AND KEYSOUACES OF EsnMATION VIKERT￿N cryany makes esiimaies aTrJ assumpiithis concemKo the fthure. r8sWbry e￿￿aleS ￿￿•. by derMit￿n. seldom equ￿ ihe reLAted actual results. The e5tymates and assumptions that have a ￿¥￿th(ant riskof causing a n¥terial adjustment to the carryin8 afT￿v￿lS of assets and liabkn.es *irhin the fvnoalyear are addre55ed bEI(wi. lil Useful econtynic li¥es of tangib￿ a55et5 The annual depreu4tiM charEe f¢￿ ranEible assets issensi1￿* io ch•nge5inthe e5tirrbated useful economic li¥*s and residual v3lues of the èsset5. The useful economic lives and residu31 valuesare Ttrèssessed annually. They are amended when nece55ary to reflert current estrmates. based on tethnologKal a(fvancerrenL future in}￿rn￿nts, ÈconoThic utilisatlon and the physical condition of the assets. See note 12 for ihe ofthe property. plantand equiprnent aThJ note 2.2 for the usefvl econornic live5for each ck55 of a55eES. lill lrnpairmeni of debtors The cornpany make5 an estimate of the ￿0ver8￿eVa￿e0f irade andotherdebtor5. Whenassesgng impairment oftrade and other debtors. rnanagementc0ns1der5f￿tors indudiwthe wrrent uedit tstlnE of the debtor, the ageing prDfiIE ofdebtor5 hi5torital evperience. See note 13 forthe net¢arry￿E amwnt of the debtor5. (A Comp￿7 14 NOTESTOThE AIIANCIALSTATEMEPll5 For the Year E￿e4 Wjune 2024 3. t>OllATrONS AND LEGACIES Fundffs Toial Fund6 Tolal Funts 2023 24 Donab"M5 and Gfftfv 46.886 46.886 52.327 52,327 46,886 Previousreporting period Fund• 2023 Total Fund¥ 2023 rxThtion$ and Grft 52.327 52.327 S2.327 52,327 4. INCOME FROAI CTrIAPJTABLE AcnvinES Funds Totsl Fwid¥ Totsl 2023 Sa￿3 of Donakd GocrfJ5 Fwdrai5ing Rental &)comÈ Housing Berefl Lknrtsinfaed yiants." Sall￿d Qty Countil Restricted grants Emmaus UK Granl Te5co. Saword CVS. B&Q Charity S8ryice Booth, Ernmajs UK 8rn1 L(Atery FuThJ NatiL￿1 Lottery F￿0 JH Rausing Tr￿{ Safford CVS Salford CVS VO￿nteerS. Tickei Sa￿s di Nab(xMKle Bu1￿1￿￿ Soc*ty 2Q3,288 188.125 9.576 .035 $.576 134.035 142.564 15.fr)0 410 3.750 8.250 1.877 32.750 424.991 351.174 63,LKQ 414.174 (A Camp*iy Lknlltd h lknranteel IS 140TESTOTHE FIIW4aALSTATEMENIS For the Year Ended 30JunÈ 2024 INCOME FROM CHARITABLE ACTMTIES Fund• T•tsl Fun X*23 Sales of Donotsd GorKts Hou¥ArrtJ 8enefft Resiri(ied grants Emmaus UK Tesco, SalfoRI CVS. 8&0 Th& Chanty Seryre Boolh. Emmaus UK afvj Tr Lottery Fthj JH Rau￿￿vj T1￿1 Salford CVS Salfry(I CVS 188,125 142,564 188.125 142. 410 3,750 410 3.750 4.5[ 8250 I￿77 8.250 1.877 Nation￿lde Soc*ty 32,750 94.302 32.750 424,9)1 330.689 5. INVESTMENT INCIY*lE Fur Total Fundl TL*I Fun 2023 Bank Int*est 619 619 619 619 432 432 Previou5 reporrin8 perir#l F¥r 2023 Fund• Totsl Funds Bank lrtwesl 432 432 432 432 16 NOTESTOThE FINANaAiSTATEMEN15 Year Ended 30June 2024 6. EXPENDfTURE ON CHNRrrABiEAcllviTIES P•r8ob* T4Its1 Fund8 Toial Funds ¥J24 2024 Buikling Repair5 & M•irrten¥Ke cwre¢Aation Minor Eq￿prnert Rent. Rates 8 Ii)&LYan Coniair*i St￿age Rats5 Bad f*bts FLxidraising ExFenses ath & Sakty UbIrt￿$ aeanirg & Waste Lhsposal SubScnp￿.￿S Surmlry Expenses CompatMon$ Expertses Go¥emance Cost$ Tfadin9 Costs W*Jes & Saiaits Companions Cost5 Casual Wage5 st8ff Training TTavel 17.335 17,335 33*36 12,379 L579 131.1721 629 6.412 1,579 131.1721 629 6.412 37,550 1,978 1,576 2.014 71,424 10.697 13,79)1 216 12 1.576 2.014 71,424 10.697 13.7801 216 Iz 1,4% 43,955 9￿31 7Z,125 5,293 22,875 144,968 35,258 159,8C 81,762 14.292 1,842 3.769 4281 61 16.169 19.6(P) 432,134 35.258 Is9.￿0 8L762 14.292 1.842 3,769 4,28J 61 16,169 19.609 4a2.134 vO￿ntee( Expwws Vehide Runnirfj Cc6is &Jpp(xt Costs 13.310 25.228 434,n3 ReslriL*ed l￿d5 Un￿stric1ed finjs ia6.429 295.705 432.134 55.830 378.893 434.723 EMMAUS SALFORD 17 NOIESTOIHE FINAN(IAL STATEMENTS Forthe YearEThled XIJLTh2024 7. SUPPORT APID GOVERNANCE COSTS Ttrtal 2024 Tol•l 2024 Support Costs 8ank Charges PrintinE. posi¢e and 5tatiorery Adverti￿n8 C(¥nputer & Software Le831 & PrOfe5*on￿ Fees cences & Permit& 1,7W 1.902 3.030 1.688 270 13 11,940 270 13 Telephone TOTAL SUPPORT cosrs 9.W2 19.609 11.386 25.228 19.609 Accountancy fees Tru5tee5' Indemntty Insurance 5,050 243 5.293 TOTAL GOVERNANCE COSTS 140TES TOThEF114A1IC￿lsTATEMENIs FLYthe Year Ended >lJunÈ 2024 8. NET IT4COMING RESOuRCEyIRESOUR￿s EXPENDED) Thi5 15 stated after tharginB'. 23 Depreciation oftangiblefixed a55ets owmed by thp charit¥ Atcountancy fees pr￿r years Accountanry fees 2024 12.409 12,379 5,050 12,379 During the ¥ear, no tyustees retrNed ony remureratsw or benefft5 in kn"nd. Expenses r*1mbL￿d are disdosed in Mte 20. 9. STAFF NLIMBERS AND COSTS The average rnonthly numberof ern￿0vee5 duvin8the yearwd5a5fdk)*%' 2023 Management and administratwi staff Direct chanrable staff Pr￿￿u$ year, not disclosed 24 Wag8s aTrJ S8￿r HDkrtlay PayAw'. Tr)r*l. 19 IIOTE5 TOThE FI¥WI¢W STATE*NTS Fortho Yvar End•d 30 Jur•• 2D24 10. TANGIBLE FIXED ASSErs Fithr•• Frtlin Vghw Total Cost At 1 July 2023 Additions AI YO Jure 21Y24 196.481 61.LX)4 17.798 4,220 22.018 275,283 4.220 279,503 196,481 61.ClJ4 At 1 2023 Charge fof Year At 30June 2024 6.481 39.325 8588 47,913 11.848 3,821 15,669 247,654 12.418 2￿,(￿3 196.481 NEf BOOK VAWE At 30 lune 2024 13,091 21.679 6,349 5.95D 19,440 27.629 At 30 Jwe 2023 11. 5focKS 2024 23 Donated Goods 2.720 11 DEBTORS 2023 Trade Oebtors Other Debtor5 Acciued IrKome 6,650 3￿79 9.139 17,127 35,995 5.491 11974 Prepayments 13,232 35,903 Debtors at)d prep3Vff￿nts re￿Ied to restrKted fufyJs£i.650 and uNestrkied funds £34345. Comparative information foryearend 2023 i5n* aVal￿ble. 20 Fortheyear ENled 2014 13. tR£￿ToRs. AMOUNTS FALLING DVEwrrHIN ONEYEAR Tr*1? Cieditors Emma￿ IM L( Cxher Creditors Soryal Secutity aThJ Other Taxes HoHLlay Pay Ac(wil Delerred Inctyne Acuuals 10.911 5.797 11.16B 14.321 1,453 5.167 30.75 71.046 94.117 14 oeFeRREO INcoMe Balance as al 1 July 2023 Armunt rÈ*asÈd 10 income eamad fri*n i*ariiat* aciNit*s lunt yeai BaLqrts al 30 June 2024 Is. cAeDITORS: ￿m￿lF11s FAIUNG AFTER MOAETHAN OIIÉ YEAR Emmaus UK Loan 13. 13.￿ 13.( 13.( EMMAU55ALFORD IIOTE5 TOThE FIIUNCLALSTATEMENTS Fwllwywr EDd•d Xs Jung 2024 16. STATEAIENT OF FUNDS Balanc• at 30 GeneAI F￿dS t￿Pa￿ated Fu￿5 Totsl Unre5trKled Furn1$ 398.679 1295.7051 170.746 67.772 398.879 1295.7051 170.746 PreviLWts rel￿rtM￿￿10d Analy91¥ of nw)vgrnents In uwgslrld•d fvryl• 2022 Jun• 2023 GerEro1 F￿d$ Oe&gnaied Fw¢Js T￿al Unresirictsd FuThJ5 388.072 1378.893} 67.772 58.593 38B.072 (378.8931 67,772 •lane• •t 1 Bzlznce at 30 RBS Charilatde Trust, Pend*lon Ti#Jellw. Co.opefatwe. LUSH arKI Emmaus UK Emmau5 UK Grant NaIN)n¥￿de Buiklw So Nat￿n3• Lottery FuTrJ Tesco. Samord CVS, B&Q Saiftra cvs. Yorkshwt Bu'klHVJ Soc*ty GuinrEss Pathersh¥> The Charity Sem No￿￿b￿rty Booth. Emm*J$ UK arxl Lottery Fu￿1 SaWc*d CVS voluntee￿ Tic*et Sa di 11.noi 15161 I15.(￿0) 516 15.( 11.129 148.(M)01 113.5391 13.539 2f1 1433) (3.6491 11.4101 (30.8631 18.2501 19241 17751 I1￿.429) 3.649 1.410 8.250 924 775 73.429 EMMAUS ￿tFoRD IACLXWty iAnMted For theythy Endod 30JunE 2024 Previous ￿p￿tr￿j perir Analys16 of ftb)vom•nts In re8itl¢tsd Iw 8*lahc• ot30 Jum 2023 Juty 2022 R8S ch&trta￿e Tnjsi. Pe￿let￿n T£v￿r. Co.operabve. LW arKI Semt Emmaus UK Edwawd Hdt Tr￿1 Nat￿n￿e Buklw Sor*ty Martin Lws. Hwjh &eriff5. Sarfwl CVS. ESF. NeBJhboL¥ty. MGS. t￿ChY of Lancas Tes(x>. Sawotd CVS, B&Q saw(￿ CVS. yorts14￿ BwbJir4J ScKEty CVS Guinr*ss Parknetshp The Charity NevJthoJrly En￿auS UK Booth, Ernmaus UK 0￿j The Lottery FurNI JH Rausing Trust ord CVS SaNord CVS Vobjnteets Ticket S*s di 15581 18491 15.2901 122.4891 1.7%) 516 32.79) 11.129 8.¥27 13.417 211 18.92n (2881 410 13.539 271 19311 433 3.619 1.410 3,750 (6231 1.410 11.3WI (2.9371 >J.863 15.W)I 8.250 1.8n 8.250 924 775 19531 12251 155,8301 34.957 94.202 73.429 EMMAUS ￿lF0RD Year Ended 30Jw 20Z4 17. STATEMENT OF FUNDS Iconllnuedl Purposes of resmrted luThd& R8SChantable Trust. Pend￿10￿ TLwther. Ctroperative, LUSH and Sernbte Emmaus UK Emmau5 UK Grant Naiionwde Building Sooety Natio•al Lottery Fund Te510, Salford CVS, B&Q S3lford CVS, Yorkshire Buildi￿Society Guinne55 Partnership The Chartty Se￿1(￿ Neighbourly Booth. Emmaus UK and The Loriery Fu Samord CVS Volunreersftcket Sale5 a gre￿￿. gthirwJ wwerrt and lo ts gaFde IN cwpan￿)ft trauwr for$8￿rIeS &ysabries fu Th equipment fty tts sch>)I hub f￿ ￿ wuiPrr￿lo be ty thÈ tsotial Wa￿81 frrfforwj aThY to W cost of Wg fooo lorwam) W&jnè￿aY Purp05e5 of unrestricted funds.. Free reserves- £151.*A 18. ANALYS19 OF NET ASSEfs BETWEEN FLIIDS d& Totsl 2024 T￿gitye fix￿1 assets Cash al bart and ￿ har*J Oiher Cufieni asset￿11￿•bilfiie5 Total 19.440 159.Cfj1 17.755) 170.746 19.440 159,C61 17.7551 170.748 PrevkiL6 repth.ng pÈri(xl Totsl 2023 2023 2023 T8Wt4e fixed assets Cash al bank aThl n haThl Other￿ c￿rrent assetsUIW￿"lit￿I Totsl 27.629 1e2.1 168.4941 141.201 108.637 168,4941 67.772 73.429 73,429 IA iknlthd by fywantqol NOTES TOTHE FIPW4CIAL STATEMEP415 the Ye¥ Ended >lJuthe 2024 18. AWALYSIS OF NET ASSETS 8thYEEN FUIIDS eontlnwd FREE RESERVES zozJ Llnrestncted Funds Held a5 Fixed Assets Avalable funds 170.746 119.4401 151.J)6 127,6291 40.143 t}es￿nated fund5 Free Reserves 151.306 40.143 19. TRUSTEES. ÉXPÉP45ES Trustee5 were reimbursed &n the per￿ lor trawel aThJ yJbsisterKemsts ifKwred on behallol Ihe tharityfor 20Z4.. Enil12023- £nill- 20. RELATED PARTYTRAI4SAcnoNS There were no transactions w1th ielated partiesthat reQu￿e disdogjre n the statements. 21. OPERAnNG LEASE COMMITMEIITS At ai Marth 2024 rhe charity had futvre Mimum ￿aSe payments wder nc￿￿8n￿lIab￿operaI￿JTh lease4 as folbws.. Nor laterthan I year Later than l year and not Literthan 5year5 After 5 years 29.770 6.630 42.9)8 3B.164 47,810