Reglstered Number.. 06616666 Charlty number: 1128162 EMMAUS SALFORD (A Company Limited by Guarantee) TRUSTEES REPORT AND FINANCIAL STATEMENTS For the Year Ended 30 JUNE 2025
EMMAUS SALFORD (A Company Limited by Guarantee) CONTENTS Page Trustses, Report Indep8nd8nt Examingrs Report Statement of Flnanclal Actlvltles Balance Sheet Cash flow statement io Notes to the Financial Stat8m8nts 11-24
EMMAUS SALFORD th Rèport of the trustees for the year ended 30 June 2025 The Trustees present their annual directors, report and finanGial stalemenls of the charity for the year ended 30 June 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006. the Memorandum and Articles of Association, and the Accounting and Reporting by Charities-. Slalement 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) Objectives and activities Emmaus's charitable purpose istohelp people move out of homelessness permanently by offering a stable home, meaningful work in social enterprises, training, personal development, and long-term companionship and support, fost8ring independence and self-esleem. Emmaus Salford provides a holistic, community-based solution, focusing on stability and skills to help people rebuild their lives, not just a temporary bed, within the principles ofthe Emmaus Movement Emmaus is different because il provides a stable home in a supportive community, alongside meaningful work and opportunities lo build a better future. This gives people the chance to lake stock of their lives, deal with any issues they might have, and often re-establish relationships with loved ones. "Companion" is how we refer to those who live in an Emmaus communily, where they can access work opportunities, training and the opportunity lo support Ihemselves and one another. Emmaus social enterprises generate revenue that pays for companions, home, food and upkeep. This is key to restoring feelings of seif-worth, showing these individuals that their actions make a real difference, both lo their own life. and the lives of others. Emmaus Salford is a member of Ihe Emmaus Federation, working with other Communities and groups or agencies in the relief of poverty and homelessness, whether in the United Kingdom or elsewhere in the world, and, in particular, by the exchange of resources, information and expertise with other Emmaus projects worldwide. The primary objective is Ihe development of a self-sufficient community providing accornmodalion and a meaningful voluntary work environment, with an appropriate level of support for previously people Icompanionslwho have experienced homelessness, and others who may be socially disadvantaged. 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 historically relinquished welfare benefits, however, Emmaus Salford took the decision that Companions could continue to draw universal credit, which provided financial stability. The majority of Companions have moved on to Universal Credit . This has encouraged them lo explore work placements, training courses and a move to personal and financial independence. Enhanced Housing Benefit is
EMMAUS SALFORD claimed to provide the support tailored to the individual needs of the Companion. The charity's long-tem focus is for each Companion to explore and develop their potential. The charity's business and income generating activities are the key focus for development over the next 5 years. Additionally, the Charity operates two strands of Solidarity work, the broader traditional activity of an Emmaus community, led by companions in supporting those less fortunate than themselves and, since 2017, the charity has also operated and is developing a Solidarity Outreach Programme for the wider Salford community. This includes Lucie's Pantry la social supermarkell. a school uniform recycling hub and the People POD'S that are operated by Salford City Council. Additionally, the Charity operates "Warm Wednesday Welcome" which provides lunch in the local Church Hall for local people in Salford every Wednesday. Since February 2025, Emmaus Salford has worked in partnership with Elevate Salford when we were awarded funding for a Skill ans Employability Support Worker. Public benefit The Trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the charity's aims and objectives, in planning future activities. and setting the policies for the year. A review of our achievements and performance We are proud of successfully moving several of our Companions into their own independenl accommodation and especially when they have found 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 success. We have supported Companions in training courses, developing their skills and gaining in confidence. We have engaged wilh olher agencies, charities, and businesses to ensure the best outcomes for our Companions. Financial review This financial year has presented many challenges. The Gosls incurred in running the Cornmunity Home, particularly gas and electricity, have increased significantly. Nevertheless. because of strict cost managemenl and careful budgeting, we have maintained a secure financial basis on which to build for the future. The transformation in changing lo a universal Credit based organization Caused quite significant strain on the Charities finances initially. Many of the Companions were sanctioned by the DWP because of histori deblsloverpaymenls elc. However, through the perseverance of the Staff Team, those issues were overcome with the result that the Charity is in a far slronger. secure position by the end of the fi'nancial year. The very healthy reserves fund is esserjtial to provide a strong foundation, particularly since a new home for Emmaus Salford must b8 found., Investment powers and pollcy Aside from retaining a prudent amount in resèrvès èach year, most of the charity's funds are spent in the short term so there are few funds for any longer-term investment. Reserves policy and golng concern The balanGe held in reserves at 30 June 2025 was £60.047 ofwhich £37,416 are free reserves, after allowing for funds tied up in fixed assets.
EMMAUS SALFORD The Trustees consider that Emmaus Salford should hold SLrfficient reserves to.. Provide for the support ofthe Companions To further the purposes of the Charity 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 the Charity's reserves policy. During the financial years, reserves have improved consistently and the trading figures show a marked improvement. strengthening the general performance. The policy of actively encouraging Companions into employment and independent living, although slow, has worked with a number of SucsS stories. This is due to many factors bul engagement with the Elevate Programme with a designated Support Worker to encourage skills and employability have proved to be very successful. To complement this, new pro¢edures to take on new Companions to fill Ihe gaps" in the community have provided an increasing number, particularly with using the universal cr8dil model, resulting in a constant higher level of occupation. The Trustees are confident that the system is working well and thal 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 during the day-to-day operalion of the Gharily. Staff are alert to the need lo be financially prudent in a difficult financial climate. Financially cautious management is the order of the day, rnindful of the need to ensure that resetves are preserved. Risk management The Charily is risk averse in all its aclivilies. Staff all complete training in all areas of managing risk. Th8 Charity adheres to the standards required by Emmaus UK and takes every step possible to ensure the smooth and efficient running of the organisation. Plans for Future Perlods The plans to redevelop the sile in Fitzwarren Street Salford continue. Our 2 primary challenges are to continue the smooth running of the Charity BUT to find a new site from which we may operate in Ihe future. Structure, governance, and management Emmaus Salford is a company limited by guarantee, number 08616666, governed by its Memorandum and Articles of Association dated 1, June 2008.11 is registered as a charity with the Charity Commission, number 1128162, on 19 February 2009.
EMMAUS SALFORD In the event of being wound up, trustees are required to contribute an amount not exceeding £1. Appointment of trustees As set out in the Articles of Association trustees are elected annually by the members of the haritable company attending the Annual General meeting, The trustees retire by rotation. The board has an agreed procedure for the appoinlmenl of trustees, and all are appointed following open advertisement, Trustee induction and training New Trustees have been introduced with a variety of expertise. Steps are laken to 8nsure a clear introduction to the running of the Charity and their responsibililies as Trustees, Organisation A scheme of delegation is in plac8 and day to day responsibility for the provision of servi$ rest with the senior management team. Related parties and co-operation with other organisations None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any seNice providers must be disclosed to Ihe full board ol trustees in the same way as any other contractual relationship with a related party. Reference and administrative infomiation Company and Charity Name. Emmaus Salford Charity Number. 1128162 Company Reglstration Number.. 06616666 Directors and trustees The directors of the charitable company (the charity) aro its trustees for the purpose of charity law. The trustees and officers serving during the year and siTr the year end were as follows.. Key management personnel." Trustees and Directors lan Coltam Hilary Dunn Marie Griffiths Erin Portsmouth Simon Hindley Janel Davies Louise Carney Lisa Clay Emma Sharples Kirsty Filzsimons Chair (resigned September 2024) {appointed September 2024, resigned September 2025) {appointed July 2024) Senior managers J Smith CEO
EMMAUSSALFORD Registered Office Emmaus House 101 Filzwarren Street Salford M6 5RQ Indepèndent Examiners HiltDn Jones tla Community Accountancy Service Hollinwood Business Centre Albert Street Oldham OL8 3QL Bankers CAF Bank 25 Kings Hill Wesl Malling Kent ME19 4JQ Nal West Prestwich Manchester M8 5NW
EMMAUS SALFORD Trustees, responsibilities in relation to the financial ststements The charity trustees (who are also the directors of Emmaus Salford for the purposes of company law} are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted AGcounting Practice). Company law requires the charity trustees lo prepare financial statements for each year which give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and applicalion of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are r8quired to.. Select suitab18 accounting prinGiples and then apply them ¢onsislently- Observe the methods and principles in the applicable Charities SORP. Make judgments and estimates that are reasonable and prudent., Stale whether applicable accounting standards have been followed, subject lo any material departures that must be disclosed and explained in the financial statements. Prepare the financial statements on a going concern basis unless il is appropriate to presume that the charity will not continue in business. The Iruslees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any time the financial position of the charity and to enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the b02rd of trustees Hilary Dunn Chair Dale.. 17" February 2026
Independent examiner'5 report to the trustees of EMMAUS SALFORD I report on the accounts of ili¢ company foi. the year elided 30 ' June 2025, which are set out on pagles 8 to 24. Respective responsibilitie5 of trustees and examiner The trustees (who are also the directQTS of the company for the purposes of company law) ale i'espoiisible foi. the pi'eparatioii of the accounts. The trustees consider that an audit is not i'equired foi. this year under section 144(2) of the Chai-ities Act 2011 (the 2011 Act) and that an independent examination is needed. The chai'ity is requii'ed by company law to prepare acci'ued accounts and l am qualified to undeitake tlie examination by being a qualified member of The Association of Chartered Ceitified Accountants. Having satisfied myself that the charity is not subject to audit under company law and is eligible foi. independent exarnination, it is niy iesponsibility to: examine tlie accounts undei. section 145 of the 2011 Act . lo follow the proceduies laid down in the geiiei-al Directions given by the Chaiyty Commissioii undei. seclioii 145{b) of tlie 2011 Act. and lo slate whethei. particulai. matters have eoine to my attention. BASIS of independent examiner's report My examination was carried out iii accoi'dance with the general Directions given by the Charity Con)niission. An examination includes a i'eview of the a¢counting r¢¢ords kept by lh¢ charity and a compai'ison of the accolints presented with those records. It also includes considei'atioii of any iinusual items oi. disclosui'es in the accounts, and seeking explanations fiom you as trLtstees conceniing any such niatters. The procedui'es undeitaken do not provkde all ihe evidence that would be LEquired in an audit and coiisequently no opinion is given as lo whethei. the accounts present a 'ts'ue and fair view, and the i'¢poit is liinited to tliose malt¢rs set out in tho statenieiit bclow. Independent examiner's statement In connection with my examination, no malter lias conie to my attentioii.. (l } which gives nie reasonable cause to believe that iii any iiiaterial resi?ect the itquirem¢i)ts to keep accoiinting reeoi'ds in accordaiice with sectioii 386 of the Con)panies Act 2006. to prepai'e accounts which accord with the accounting iE¢ords, comply witl) the accountÈiig i'equirements of section 396 of the Conipanies Act 2006, aiid willi the meiliodg aiid priiiciples of die Sialenieiit of Rccommei)ded Practice: Accoiinting and Repoiting by Chai'ities have i)oi beeii met. oi. (2) to wliich, iii iny opinion, attention should be drawn in ol'der to eiiable EL proper undeiBtanding of the accouiits to be reached. James Hilton Jones FCCA Hilton Jones Ila Coiiimiiiiity Accouiitancy Sei'vice Hollinwood Busiiiess Centi'e, Albert Street, Oldham OL8 3QL Date: 17 Febniary 2026
EMMAiF5 514LFORD IA Company Llmited by Guaranteel STATEMENT OF FINANCIAL ACTIVITIES Incor an In¢om• and Ex ndlturo Accoun For ThB Year En gd 30 JvnB 2025 Total Funds Total Fundts UrtrèBlrlcted Rastrl¢ted Fvnds Fvnds 2025 2024 Further Det41 INCOME FROM: Donations and leoacles charitab Aclivilies Invegimeni Incixne olher Incorne TOTAL INGOMING RESOURCES 27,505 299,487 1.719 1,807 330,518 27,505 422.463 1,719 1,807 453.494 46.8B6 414.174 619 122.976 122,976 461.679 EXPENDITURE ON.. Charitable Actlvilles 328,648 160,545 489,193 431134 TOTAL RESOURCES EXPENDED 328,648 160,545 489,193 432,134 MET INCOMEI IEXPENDITLIREI 1,870 137,5691 135.6991 29.545 RECON¢ILIATION OF FUNDS= Brought fotward 170,746 170,746 141,201 Tr3ll5fers been fl11$ 137.5691 37,569 Garrled forward 135,047 135,04? 170,746 The $t4lemwl of llnanclal ac11vil$ Indude$ a11 gains 8nd Ios565 recognlsed In Iht y8ar. All income and expenditure deii¥e from eonlinulno activllles. Tht Mtès on payes 11 10 24 fomi part of Ihese financial stalen*nl&.
EMMAUS SALFORD IA Company Llmited byGuaraDtepl BALANCE SHEET A8 at 30 June 2025 Company Reglstratlon Number.. 06616666 2025 2024 Plote& Flxfrd assets: Tanglble assels Tot81 flx6d Èsséls 22.631 22.831 19.440 19,44D Current assets- Stocks Oeblors Cash at Bank & in Hand Total currenl as5e15 27.152 118.627 145,779 35,995 159.061 19S,056 Crèdilor8." Amounts faHing dup With year 23,683 30,750 Nel current assets or118bilille$ 121,916 1B4,306 Tolal assets le$5 currènt li3bililiE8 144,547 183.746 Credllors.. Amounls falllng due afler more Ihan one year 19.5001 113.0001 Totsl nel ass918 w Il&bllltlo8 135,047 170.746 The funds of thB chovily= Restricted IrKome funds Unrestiltted Income lunds 135,047 170.746 Total eharlty fvrtd$ 135.047 170,746 For the perlod In ouestlon thetompany was entltled to the expmptiDn conferred by SECtion 477 of the Cornpanies Act2(NJ6, 3nd thai no notlce hès bèen deposlted under section 476 In relaUon to It5 ac£ount5 for the financlal year,. a*d the dlrectors acknowled8e their responsibilities for. complying with the requirements of the CompanlesAct26 with re5pecrto accountlng recordsand the prepaiation of 3ccounts. The financhl statemenfs have been prepared accordance yAth thè provlsion5 applic3ble to companie5 subject to the small companie5, regime and in accordancewth thE provision5 Ot FRS 102. The fininclal statemen15were approved auihorf5e(S forsUe by the Trustees on 17th February 2026 and Signed on thelr behalf by.. Hary Dunn Chair The note5 On paye8 11 to 24 form pèrt of these financlal slatemÈnls.
EMMALIS SALFORD IA Company Llmited byGuaranteel 10 ¢ASH FLOW STATEPJIE14T FOR THE YEAR ENDED 30 JUNE 2026 2025 2024 Cash flows from operatlng a¢flvlll88 124,3261 119.4041 N8t ¢a8h prDvld•d by opgratlng actlvlllpi Cash flows from invèsimenl acknvitres.. lTrlerest friKn Inve51mEnls Purch&se ol property. planl equlpmtrnl f,719 117,8271 619 14.2201 N•1 Cash appllpd to lrtvestlng a¢tlvltlfys 2,6011 Ch9nge in cash and cash equivints thJrfng the ye&r 140,4341 123.W51 Cash 8rKI cash equwalènt8 Bl Ihe beginniw of the year 159.1 182.( Cash and Cash equlvalenls at the end of thfy ye•r 118.627 159,081 NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 NetOUfEoin8 resourcès Depreciation of tan8lblÈ fixed assets Investmentlncome Oecre4se1l*ncre3sel In stocks Decreaselllncreasel IF) debtois Increaselldecreèsel In Credltors 135.6991 14,636 29.545 12.40Q 2,720 1921 163.3671 8,843 110,3871 Net Cash provwed byoperatlDE a¢tlvltles 24,326 119.4041 Thè rthas on pages 1110 24 form pari of fin8nGi?I slalemenl5.
EMMAUS SALFORD IA Q)mpapyilm5ted byGuarante¢l NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 3Q Jvne 2020 I. GENERAL INFORMATIOM Emmaus Salford is a fÈgiStsred chafily opèraiing liom EmmÈus House, Salford 10 pl0¥e a Comtnunily ?nd support under the orldwide Emm8us rnodel. The charllyls 8 company lknlled by 9uaranlee end 15 incorpor?led sn England and Wales. addrass of Its regtslered is EmmBU8 House, 101 FilL¥Ydrten SlrBel, Salford M6 5RQ. Th8 IrusleES Gon5iderthp charity lo be a benefil entity. 2. ACCOUNTING POLICIES 2.1 BASIS OF PREPARATION OF FINANCIAISTATEMENTS The finantial statèments have been prepared in accord8nce wilh the Statement of Retommended pr•ttltÈ ISORPI,'Atcountin8 and Reporting bycharlties. publlsled In 2019, the CompaniÉ5Act 2006 Bnd Finincial Reporting Stsndard 102 (FR5 1021. the trustees have reviewed the level of reserves 3vai13ble to the charity and consider Itappropilate for the charlty to prepare Ils accounts on the 80inB concern basls. The current level of reserves takes into account the risk posed by fallln8 levels of Houn8 Benefit and the potèntlal f1[el05S of thèt Income stream wlth thÈ Bovernment chanBE5to Ihe welfare systern. 2.2 TANGIBLE FIXEDASSETS AND DEPRECIATION All assets costing more than £S(M) ère capiialised. TatsgiblÈ fixed assÈts arè StratÈd at cost less dep¥e£lètlon. Depreciation Is piovided at rates c31culated to write off the cost of fixed assets, less their estimated sidUal value, over their expected v5efvl INe5 on the followlng base5'. Leaseheld Alterattons MotorVÈhidÈs Fixture58nd FittinBS 12.5'A siraighl line 20% Strighl Iln8 2.3 COMPANY STATUS The charify 1$ a company Ilmlled by gu8ranlee. The members of Ihe company are Ihe Tmsi•8s nam8d on pag8 1.1Th Ihè èvent of the charity b8ing rtd up, the liability in re$tt01th9 guar8nl* is limiled to £1 per rnember of Ihe ch8ri1y. 2.4 FUND A¢COUNTING General funds 8re LIn5111Cted funds which are availae for use al Ihe di8crelion of the Trustees In furth6rance of the general tstiectives of the charfly 8nd whlch havè not beer) deslgnaled for olh¢r purposes. Desiynaied funds u)mprl$e unrÈsiiicted funds th21 have been gel aslde by Ihe Trusieas for particular purposÈs. The aim and use of eaGh designaled fund is set out in the notes lo the finartial slalements. Restricted funds ale fundswhich are to be used In accardance with specific restrictions imposed by donors orwhlch have been ralsed by the charlty for paitlcular purposes. The costs of ralslnE ond adminlsterlnE such funds are tharÈed aBainst the specific fund. The alm and Ljse of each restricted fund is Set Llut in the notes to the flnanclal statemènts. There 8re 18 rÈ5tricted funds. Investment incotne. 8ain5 and105ses are allocated 10 the appropriatt fund.
EMPrtAUSSALFORD IA Company Llrnlted byGuaranteel 12 NOTES TOTHE FINAMCIAL STATEMENTS Forthe Yèar Ended 30June 202S 2.5 INCOMING RESOURCES Ail Incomlng resDurces are included in the Statcment of Financi81 Activitles when the tharlty LS le8alty to thÈ income and the amounttan be quantlfled wlth reasomèb tcturècy. Donated SErvices 01 hcilitie5, whlih cornprlse donated 5eivlces, 3rÈ included in income ata valuation which Is an estlmate of the rinanclal cosl borne by the donor Whe SL¢ch a cost is quantifiable and measurable. No Income Is recoÈnisEd whprE therE 15 no finèncial cost borne by a third party, Income ttsx recoverablÈ in relatiDn to donatiDns recelved under GiftAid or deed5 of ciwenant15 recognised ?tthe tlme of the donation. Income tax reCoVebIe In relauon to Investment income Is recogn15ed at Lhe ilme the Investment Income 15 retÈivablÈ. 2.6 RESOUR(fS EXPENDED All pxpenditure Is accountÈd for on an aÈcruals basls artd has been inc5uded under expense categories that agEreEate all costs for Illocaiion to activitie5, whe c05t5 cBnnot be dlrectly ittributed to pariicular aciiviiie5 they have been 8llocaied on a basis cons15tent wth the use of the resour5. Fundraising costs are those Incurred In seeklnE voluntary contribution5 and da not include the cu5t5 Df d155eMlnatin8 infDrm3tlon in supportof the tharitable actlvltlek Supportcosts are thosÈ cosis incurred directly in Support of expenditure on the olilects of ihe harity Ind include project m3nagement cirried out at Emmau5 Mossley. Governance cost5 are those incurred in connecth)n wlth 8dmini5tratlon of the charlty and compli?nce with constitutlonal and Statutory requlrements. Grants payable ère charged In theyearwhon rhe offer Is made except in those caseswhere the offer is condltlonal. such grants belng rÈcoBnlsed as expendlture when thè condltlons atièchlng are fulflllÈd. Grants offÈred subiectto conditionswhKh have nor been met at the year end are noted a5 a commitment but not 3ccrued as expendituie. 2.7 DEBTORS Shoit term debtois are measured at transactlon prlce, less any Impallment. Loans receable arÈ Measur initialty atfvirvalve, netof transaction cost5, and Bre rnea5ud 5ub5equently at amort15ed cost U5in8 the effective intprest rate method, less any imp3imient.
EMMAUS SALFORD IA Company Llmlted by Gu8Yanteel ij NOYtSTOTHE FINAN¢IAL 5TATEMEWS FDV thp Year Ended 30)une 2025 Z. ACCOLINTING POUCIES Icontlnuedl 2.8 CASH AND C4SH EqUIVALENTS Cash is represented by cash In hand and depos1ts wlth fit)anclal Insiilutions repayablp wlthout penalty on notice ofnot More than 24 hours. Cash equlvalents are hlghly Ilquld investmentsthat mature In no morÈ than three months Irom the dats of acoulsltlon and are readily CDnvertible lo known 3mount5 of c35h with insignificant r15k of change in value. 2.9 FINANCIAL INSTRUMENTS The chsilly only has flnan¢lal assets and Uabllilies of a klnd Ihal qualify as basic financiHI instruments. Uaslc finanlgat instruments are inilially reGUgnised on a tran53clioTr value and subsequenlty maasuied al their setllemenl vslue wNh the excÉption of bank k)ans whi¢h are 5ubseqvenlly Measured al 8n amorflsed cost uslng ihe èff*clive interest method. 2.10 CREDITORS Shotl 18nn Gredllofs are measured 81 th2 tran5aBtion pl1. otherfinancl Ilablllle5, including b&nk lo&n$. afg measured initially 81 falr value, nel of transaction costs, &nd are measured subsequenlty 81 amorflsed ¢osl uslrtg lh8 effective htere61 rate Elhod. 2.11 JUDGMENTS IN APPIYING ACCOUMTING POLICIES AND KEYSOURCE5 OF ESTIMATK)N UNCERTAINTY Tha ¢omp2ny makets eslimales and assutnplions concerning the fulure. The ie5ulliDg ac¢ounliny eslirtiales will, by def¥)Sllon, seldom equal the related actu31 results. ThE estimates and a55UMPtivns thai have a sSgnlflcant rlsk of causing 3 material djuslment to the carrylng amounts of assets and Ilabllltles wllhln ihe next financial year are addressed below. 111 Useful economic lives of tanglble asstts The annual dÈprÈc1atlon chBr8e fortan8lblÈ assets Is sensitive to chan6PS In the estimated useful economlc Ie5 and residual valup5 of the a55et5. The useful economic lives and residual values are re-assessed Jnnvally. They are amended when nÈcÈssary to reflect current e5timHtes, based on technological 3dv3nttment, future Invèstments. etonomiE Utili5atiOn Bnd the physical condiboTr of the asseis. See note 12 lor the carrying amount of the propeity, plant and Èquipmpntand note 2.2 for the useful economlc Ilves foreach class of assèts. 1111 Impairment Df debtors The company makes an e5tirryate of the recoverable value of trade and otherdebtois. When a55e55ing Impairmentof trade and other debtors. m3nagempntconsiders factors Including thè current crÈdit ralin8 of the debtor, the agelng proflle of debtors and hlstorlca5 experlence. See note 13 for the netc3rryin8 3moutst of the debtors.
EMMAUS SALFORD IA Company Llmlted byGuiianteel 14 NOTÉS ro THE FINANCIAL STATEME14TS Forthe Year Ended 30 Jwne 2025 DONATIONSAND LeGACIES UreStcted Funds 2025 R•8trl¢t8d Funds 2025 Totsl Fut)d¥ Total Funds 2025 2024 Don&08 and Gift Ald 27,505 27,505 27.5D5 27,505 46,886 46,886 PVIouS reporting peri(x Unrestrl¢tsd Fund5 2024 Restrlcted Funds 2024 Totsl Fuftds 2024 Donalions gNIE GfftMd 45.886 46,886 46.886 46,886 4. INCOME FROM CHARITABLE ACTIVIMES Unr¢s¢rl¢tsd Funds 2025 Reglrl¢ted Funds 2025 Total FuTtd$ Total Fynds 2026 2024 Sales of Donated GfM)ds Fundra1sing Renlal Incryne Hovsino Benafll UNesiricted grants.. Salford City Councd 162.875 162,875 203,288 2,38) 9.576 134.035 680 131,077 131.077 4,580 275 4,580 275 1,8 Restdcted granls., Emmau$ UK- C8denl Emmaus UK Grant- SalarT Emmaus UK Grani- Companions GMEF ReGyding Fu Saltord CVS- Salaries $8lford CVS- Lucle's P&nlry National Lottery Fund- Companlons National Lottery Fund Salaries 2.375 2,423 9.984 24,794 13,5 16,9(M) 48,0(A) 122.976 2,375 2,423 9,984 24.7g4 13.500 f6.900 48,000 422,463 15,000 48,000 414,174 299,487
EMMAIJS SALFORD IA Company Llmfjted by Guarantee 15 NOTES TOTHE FINANCIAL STATEMENTS For ihe Year Ended 3OJune 2025 4. INCOME FROM ¢HARITABLE ACTIVITIES Previous iep(krting period Unre$trlLted Furtd¥ 2Q24 Restrlcle Fund¥ 2024 Totsl FUd* 2024 Sales of Donaled Goods Fundralsing ftenl Incom6 Housing Benerrf Unreslrieled grants.. $8WorLf City Council Restrlclfyd gr8nls'. Emmaus UK Granl Nalion81 Lollery Fund 203,288 2,385 9576 134,035 203.288 2.365 9.576 134.035 I90 1.890 15,LKIO 48.(D 63,(K) Is.000 411,000 414,174 351,174 5. INVESTMENT INCOME Unrèstrlctsd Fund$ 2026 Restrlciad FUd& 2025 Total Fund8 Tolal F¥nd8 2025 2024 Bank Inl8tesl 1,719 1,719 1,719 1,719 619 619 Prevlous reportlng perlud UnFestslclod FndS 2024 R6strlcted Fund8 2024 Total Funds 2024 Bank Inlerest 619 619 619 619
EMMAYS SAIFORD IA Company Limlted by Guarantee) 16 NOTES TOTIIE FINANCIAL STATEMENTS For ihe Year Ended 30June 2025 6. EKPENtNTLIRE ON CHARITABLE ACTIVITIES Provlsion ol Sèrvlcg& tD Homèlos$ Persons 202$ Toki Furbds Yoial Funds 2026 2C124 Notes Bullding Repalrs & MainiÈnanct Dèpr8Cialn Mlnor Equlpmenl Renl, Rates & InsuraKe COalner siorage R818s Irrecovprable VAT Fundraislng Expenses He811h & Safely 15.638 14,636 1.335 I7,0 183 7,728 19.102 15.638 14.636 1,335 17,0 183 7.728 19,102 50 4,246 63.990 13,689 843 130 17,335 12,409 1,579 131,1721 629 6,412 1,576 2,014 71.424 10,697 13,7801 216 12 5,940 35,258 159,800 81,762 14,292 1,842 3,769 4,281 61 16,169 19.609 432,134 4.246 63,990 13,689 C1è2ning & WaÈie DisPOS81 Subscriptions Sundry Expense5 Comp8n1ong Expenses GovÈrnantÈ Cts81S Trading Costs Wages & S&laries Companlons Co$ls Casu81 W8ge8 Staff TraEniry Travèl IDsur8n¢e Volunteer Expenses Vèhicle RunnTng Costs Support Co$ts 130 IA40 23,633 158.172 77,044 19,111 1,311 2,189 3,239 390 21,990 22,104 489,193 1,440 23,633 158,172 77,044 19.111 1.311 2.189 3,239 390 21.990 22,104 489,193 Reslricled funds Llnreslrf¢led funds 160,545 328,648 489.193 136,429 295,705 432,134
EMMAUS SALFORD IA Compony Llmlted by Gyaranteel 17 NOTESTOTHE FINANCIAL 5TATEPIIENTS For the YLbaT Ended 30Jvne 2025 7. SUPPORT AND GOVERNANCE COSTS Provlslon Df servlces to oMeles& PerBOllS Yotsl 2025 Total 2026 2024 Support costs 82nk Ch2rgÈs Printin& postage 3nd StatTrery Advertising Computer & Software Legal & profÈsslonal Fees Licence5 & Permits B44 844 1.849 5.821 4,398 68F 1.666 1.792 1,600 446 3,030 1.688 270 1,849 5,621 4,398 687 1,668 688 6,344 22,104 Telephone TOTALSUPPORT COSTS 6,344 22,104 9.902 19,609 Govf rn?nce costs Accountancy fees TOTALGOVERNANCE COSTS 1.440 1,440 1,440 1,440 5,940 5,940
EMMAUS SALFORD IA Cotnpany Llmitpd by Guar4nteel NOTES TOTHE FINANCIALSTATEMENTS For the Year EndÈd IDJune 2025 8. NET INCOMING RESOURCEs/IRESOURCES EXPENIDEDI Th15 IS 5t3ted after charBing'. 2025 2024 Depreciation ol tan8iblE fixed B55ets ownEd by the charity AccountancyfeÈ5 prioi years Independentexèmlnation fee5 14,636 12,409 4.140 1,800 12,409 1.440 14.636 Durin8 the year, tru5tee5 ieceived any remuneration or bEnEfits in kind. Expen5e5 reimbursed are disclosed In note 20. 9. STAFF NUMBERS AND COSTS The averaBe monthly number of employees during the year wès as follows.. 2V25 2024 No. Management and admlnlsiratlon siaff Dl¥ectcharitÈble staff Previousyear, not disclosed 2025 2024 W8ge5 and $3laraes Hollday Pay Accrual Social Securily Cosis Pentslon Cosis 144,110 145,084 7,610 6.552 IS8,172 7.492 7,224 159,800 Ch8ri18bFe 8clivitie3 Support costs 158.172 159.800 158,172 59.800 The ¢h8rKy con5ider511s key ManeMent pefSDnnel compiises the Executive Qfrir. The lolal employmeni benefiis, includlng employer penslon conirlbuilon5 of rhe key management personnel were £65,797 Ipiavlous yéai.. £65,797). No tsmploy&• has benefits In e&$$ of £60.000 (previous ar.. thon&l.
EMMAUSSALFORD IA Cornpiny Limlted by Guaranteel 19 NOTES TO THE FINANCIAL STATEMENT8 For ¢he Year Ended 30 June 2025 10. TANGIBLE FIXED ASSETS Loaseho14J Alterations Motor VehlcleÈ Fl¥tures Cost Al 1 Juty 2024 Addltlons At 30 June 2025 196,481 17,827 214,308 61,4 22,018 279,503 17,827 297,330 61,(X)4 22,018 Depreclatlon At 1 July 2024 Ch8ige foryear At 30Jvne 2025 196,481 2,228 198,709 47,913 8,588 56,501 15.669 3,820 19,489 260,063 14,636 274,699 NET 800K VALUE At 30June 2025 15,599 4,503 13,091 2,529 6,349 22,631 19,440 At 30 Junè 2024 11. STOCKS 2025 2024 Donated Goods 12. DEBTORS 2026 2024 Trade Debtar5 oiher Debiors Accrued Income PrepayrnÈnts 3,438 676 5,360 17.678 27.152 6,650 3,079 9,139 17.127 35,995 Debtors and prepayments related 10 restrlcted funds £nll12024.' £1,650) and unresirlcted funds £27.15212024'. £34,345).
EMMAUSSALFORD IA Company Llmlled by Gvar4nteel 20 NOTES TOTHE FINANCIAL WATEMENTS For iheyear Ended 30Jun2 2025 13. CREDITORS: AMOUN7S FALLING DUE WITHIN ONE YEAR 2025 2024 Tr8de Credllors Emmaus UK Loan Other CrÉdilors Soc131 Serurily and Olher T8XPS Holi¢8y Pay Acuu81 Oefeired INom8 Accruals 10.756 2,50D 2,797 2,282 10.911 1,500 2.004 5,628 23,863 5,167 3D,750 14. DEFERRED INCOME 2025 Deferred income comwlses oranls and other iwome that Govers a period beyond the yesrend Bglance as al 1 July 2024 Amount released Io inCDtne earned Gharilabl6 act5118S Amount defprrèd in yea[ Bolen 9130 June 2025 15. CREDITORS: AMOUNTS FALLING AFTER MORETHAN ONE YEAR 2025 2024 Emmaus UK Loan 9.500 9,5QO 13.QLM) 13.QIMJ
EMMAUSSALFORD IA Company Ilmlted byGuaranteel 21 NOTES TO THE FINAPICIAL STATEfvJENTS For tho Yèar Endèd 30 Junè 2025 16. STATEMENT OF FUNDS Analy81È of movomèrkts In unr8trf¢ted fund8 Incomlt7U R990Uf¢ Rgsourco$ Expo5)d•d Balanco at 30 Jung 2026 Juty 2024 Tran$foT8 General Funds Design31ed Fund5 Total Ltnreslricled Funds 170.746 330,518 1328,6481 60.047 75.(K)O 135.047 75,000 137.5691 170,746 330.518 1328,6481 Prevlou5 reportlns perfod Anaty818 of movemoni¥ In unrostrlctod fund¥ Balance at 1 July 2023 Incotnlng RosoJvctr8 Re5DUTC95 EXtte Balance at 20 June 2024 Transférs GeDeial Funds To131 UNesiricled FUlS 67.772 67,772 398,679 398,679 1295,7051 1295,7051 170.748 170.746 ATrutysls of movemBnfs In restrlcted fundb alan¢0 1 July 2Q21 In¢omlng Re8OUIC8S Ro8our¢e$ EXnd*d Balin¢g at 30 2026 TranBfer8 EmmiuE UK Grant- Salaries Emmau5 UK Giant- Cotnpanlon& Emmaus UK- Cadenl Emmaus UK- Hampers Garden Fundlno Charity Service Guiness Parlnership Watm WednBsd3y Food & P8lr IT Equipmenl RHS- Planls L1- IT Equiptnenl GMEF RewGling Fund Sallord CVS- Salaries Saiford CVS- Luciè'$ Pantry Saiford CVS- POD'S Nati31 Lollery Fvnd- Compgrions Nati81 Lollery FUl- Salarres 2,375 2,423 5,000 12,3751 12,4551 15.0001 15941 11,5541 13,4321 11.9331 17241 12881 594 1,554 3,432 1,933 724 288 15.0001 5,000 1,410 9.964 24.794 13,500 19.9B41 124.7941 124,8601 11,360 16.goD 48.000 122,976 116.9001 148.0001 1180,5451 37,569
EMMALIS SALFORD IA Company Llmlted by Guarantee) NOTE5TO THE FIPIANCIAI STATEMENTS Forthe Year Ended 30 Jvne 2015 Prèvlou5 reportlng perlod Anoty51s of movgrnonts In r89trlciod fufid¥ Balanco 8t I July 2023 Incomlng ROUr¢6$ Re80urté Expendèd Balance at 3D June 2024 Tranifèrs RBS Ch9rllable Trust, PendleloD Toy91her. o-operalfve. LUSH and Semble Emmaus UK Emmaus UK Granl Nalionwde Building socty N8IK)nal Lollery Fvnd Tesco, Salford CVS. B&Q Salford CVS, Yorkshlrè Bulldlng Sot*ly Guinnes5 Partnership The Charity Service Neighbourfy Boc4h, Emmaus UK and Th& Lollery Fund Salford CVS Volunleets Ticket sa5 AIUI 1,730 516 11,7301 15.000 115,OWI 11,129 45.000 148,0001 113.5391 13,539 211 433 3,649 1,410 30,8S3 8,250 924 775 14331 13.fj491 18.2501 19241 17751 1136,429 73.429 63,000
EMMAUS SALFORD IA Company Limbted by Guaranteel NOTESTOTHE FINANCIAL STATEMENTS Fortheyear Ended 30JunÈ 2025 17. STATEMENT OF FUNDS Icontlnuedl Purposes of restricted fund5'. Emmaus UK Grant- Salarles Emm3U5 UK Grant-CDmpanlons Emm?us UK- Cadent Emmaus UK- Hampers Gttrden FundlnÈ Iharity SÈrvitÈ 6ulne55 P8rtner5hip Warm Wednesdav Food & Petrol EquipmÈnt RHS- Plint5 Lldl IT Equipment GMEF Recyclln8 Fund Salford CVS- Sal3rle5 Salford CVS- Lucie'5 Pantry Salford CVS- POD'S National Loiiery Fund- Companlons Natlonèl Lottery Fund- Salarle5 lor salarEs for IkE costs of tmploylng a keywoth8r for mof iepalrs for hampers lorlhe 9arden lor Luclets P8nlry lor LtscS9'8 P8nlry foi Church food and drink roi food and pphol loi IT equlprneml for IT equiprneml ror drivef& costs lor $818rYdS lor Lucle's Psnlry for Ihe PODS outslde for companions lor Purposes of unrestricted funds.. General Funds e51gnated Fur¢d5 forgan&r81 expendllure fOrfulu suslalnabillty 3nd fundlng blds 18. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestvlcted funds 2028 Deslgnated funds 2028 Re5trlctèd funds 2026 Tatal 2028 Tangible fixed assels Cash al b8nk and In hand Oiaer nel ¢urrenl asse1111111lsI Total 22.631 43.627 22,631 118,827 6,211 135.047 75.000 60.047 75,000 Previous ieportiry perl(¥l Unrestrloted De$lgnatgd fund¥ 2024 Re$trlctBd funds 2024 Totol 2024 2024 T8tig¢ble fixed asgels Cash at bank and Sn hand Olher nÈi curieni ass&tsiiisablliltesl Total 19,440 159,061 17.7551 170,746 19,440 159,061 7,75S 170,746
EMMAUS SALFORD IACompaY Llmlted byGuaranteel 24 NOTES TO THE FINANaAL5TATEMENT5 Forthe Year Ended 30June 2025 18. ANALYSIS OF NET ASSETS BETWEEN FUNDS contlnued FREE RESERVES 2025 2024 Unrestricted funds Held 35 Fixe(S A55et5 Available funds 135,047 122,6311 112,416 170.746 119.4401 151,308 Deslunated funds Free Resee5 75.000 37.416 151,308 19. TRUSTEES, EXPENSES Trustees wèrÈ reimbursed in the period fDrtraYel and sub5i5tence costs Incurred on behalf of the Chariiy 2025.. £nil12024'. £nlll, 20. RELATED PARTYTRANSACTION5 There were no transèction5 wlth related partles that regulre d15closure In the financlal statements. 21. OPERATING LEASE COMMITMENTS At 31 March 2025 the charlty had fvtufe mlnlmum lease paymenis under non-c8ncellable operoNon leases, as follows,. 2025 2024 Not later than l yetr ter than l year Hnd Dot laterthaD 5years After 5 years 7.632 30.532 9.646 3B.164 38.164 47.810