EMMAUS NORTH EAST (A (x)rnpany limited by guarantee) REPORT AND FINANCIAL STATEMENTS For the year ended 30 June 2024 Charlty Numbor 1131408 Company Numbof 06820441 EMMAUS NORTH EAsr (A company Ilmited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 30 June 2024 The Twstees. who are also the Directors of the Charity for the purposes of the Companies Act. submit their report and financial statements of Emmaus North East (ENE: the Charity) for the year ended 30 June 2024. The financial statsments comply with the Charities Act 2011, the companies Act 2006. the Memorandum and Articles of Association 8nd the requirements of Accounting and Reporting by Charities Ststement of Recomm8nded Practice 8pplicable to charities preparing their accounts in accordance with the financial reporting stsndard applicable to the United Kingdom. Chairs Statement-john Machln 23124 was a positive year for the Charity. Income increased by 63% to £855K compared to the £524K achieved in 22123. This income growth was driven by increased grant and contract funding (£277K, 388%) as many funders strongly supported the work being Carried out by Emmaus North E8St (ENE) and bought into the change initiatives being pursued by the Ch8rity- Income from our Social Enterprises was £41 OK- an increase of 7% from the 22123 level of £385K. A major highlight of the year w8S the Charity belng strongly recognised at the recent North East Charity Awards where itwon an award for the best Social Enterprlse of the year- recognisingthe work the Charity had done with Lucie's Laundry and w8s on a shortlist of three for the best Charity Board of the year. These nominations recognised the strong development of the Charity over the last few years and were an appreciation of the commitment. enthusiasm and tireless work of 8U people associate(J with the Charity. Staff. volunteers, trustees. funders. other outside stakeholders and the Companions who we support. In late 2024. ENE was awarded 8 three-year contract from Durham County Council (DCC) wlth regard to the Council's work in their Single Homelessness Accornmodation Programme (SHAP). As part of this programme. ENE will operate three accommodation homes in Durham holding up to 17 homeless people. and workwith these people using the prograrnmes and pathways used in the CharIt￿S own 8ccommodation premises in South Shields. The total value of this contract is more than £1 Million. This is a major award for the Charity and a recognition both of its growing reputstion and the confidence outside Stskeholders have in ENE. The Charity's SHAP work wlth DCC will be a major tocus in 24125 as will be the further development of ENE'S Social Enterprises. particularly retail. It is hoped to open another large retail outlet in the Tyneside area in 24125. In order to support the Charl￿8 expansion into the Durham area with the DCC SHAP project. the Charity will also investigate the possibility of opening a retsil outlet in the Durham area. Our fundraising work in 23124 was extremely successful. We will continue with this in 24125 and use the monies raised to further develop. expand and consolidate the Charity. EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEESANNUAL REPORT For the year ended 30 June 2024 Gaining financial Sustsinability is still foremost amongst our strategic objectives. To achieve this the Charity in 23124 initiated a major project known as Project Radic8L This project looks at the activities performed within ENE and determines ways to restructure and ie-engineer th8 Charity so thatfin8ncial sustainabilitywill be achieved. The pioject is ongoing. and several initiatives have been successfully undertaken. As part of Project Radical. the ENE board decided to mortgage (via the Charity Bank) one of its properties to the sum of £1 OOK. This cash will be used by the Charity to invest in programmes. assets and activities to strengthen and develop the Chacity. It will not be used for day- dayoperational expenses. Finally. I must again thank all our funders and those people and organisations who donated either money. services, time or goods to Emmaus North East. Without you. It would not be possible to operate our charity arKI help the people that we do. John Machln Ch8lrofBoard of Trustses Emmaus North East CEOts Statement- Ruth Parker Chief Executlve Officer My time in post since 2022 has been both challenging and ￿Warding and it is quite remarkable what the charity has achleved in a relatively short period of time.2024 is the year that Emmaus North East celebrates its 151h Anniversary and l am proud to be at the forefront, leading an excellent team of people who are committed to 8UPPOrting people tscing homelessness. In 2023, the Board set a challenge named Project Radical with a remit to look at the current activities of Ernmaus North East and make suggestions to ensu￿ future growth and sustainability. It was both energising and motiV8fjonal that the Board entrusted me to lead the work with the overau team and the Board were brave in revi8wing the findings and setting 8 newvision and strategy forthe charity. What we were all clear on is that the Companions welfare and progress had to be at the heart of it and to offer more to them. we needed to increase our income and the opportunities available. We know that 94% of homeless people have suffered trauma at some point in their lives and we introduced a trauma informed approach to their support that also included a dedicated counselling service. We revamped the Companions homes and introduced dedicated female only accommodation. We also developed a 3 tiered pathway to ensure that we are able to support homeless people with multiple complexities and those who only need short term support. What is clear from feedback and outcomes is that the rnodel works in supporting people to transform their lives. EMMAUS NORTh EAST (A company limited by guarantee) TRIISTEES ANNUAL REPORT Foi the yeai ended 30 June 2024 In September 2023. we extended our social enterprises with the introduction of our new store Lucies Legacy in Jarrow which has been financially transformativp. we renamed and relaunched our Low Fell store and celebratsd one year of opening of our free cornmunity tsundry. We increased our acts of solidarity. helping the community in South Tyneside. particularly people and families in poverty. Diversifying our income streams resulted in an increase in income of over £300K and this has been used to offer more to more homeless people. Despite this. we still face barriers with the18ck of decent affordable home8 and we continue to Campaign for change. The increase in government funding to support homeless people and the introduction of the Supported Houslng Regulations will hopefvlly improve the landscape ensuring higher quality support that meets the needs of its ￿sIdents. To align with this. Emmaus North East has a new set of Quality Standardswhich is our own internal benchmark to ensure high quality provision. We could not have achieved the above without the grants and don8tion8 from several funders who help us to make 8 difference to the lives of homeless people every single day. We are grateful for this and the relationships developed with them have proved beneficial. We would not be able to delivBr what we do without grants and donation& The support provided by Ability Consultants must also be iecognised. l am proud to be leading such a hardworking and committed team of people without whom we could not have achieved what we have. As a result. in 2024 thi8 was publicly recognised with a #Love South Tyneside team award. a North East Charity Aw8rd for Outstsnding Social Enterprise, shortlisting for Trustee Board of the Year and a national Investors in the Environment award. With speclal thanks also to the Companions whose courage and determination continue to drive what we do. to th8 Board of Trustees. South Tyneside Council and to rnycolteagues in Emmaus UK and other Ernmaus comfflunities. The year ahead is exciting with the award of a new contract named SHAP with Durharn County Council and further plansto expand our support to homeless people and our social enterprises. l invite you to follow our journey.1 rfh best wlshe3 Ruth CEO EMMAUS NORTh EAST (A company limited by guarantee) TRUSTEESANNUAL REPORT For the year ended 30 June 2024 Policios and Objectlves In setting the Charity's objectives. plans and activities. the Trustees have given due consideration to guidance published by the Charity Commission relating to public benefit and to its supplementsry public benefit guidance. The medium - long-term objectives for the Charity are: 1. To ensure that the social enterprises are not only self-sufficient but generate income to support other area8 of ourwork 2. To continue to deliver against our income strategy to allow growth and sustainability 3. To increase the size of its community facilitie8 and Companion numbers. either by development of a further residence or the acquisition of "move on" flats for Companions who are transltlonlng between residing In the community and independent living in thelT own accommodation 4. To improve the opportunities for Companions to.move on" from ENE and gain worthwhile employment in the outside world. extending their work experience and training opportunities available to them 5. To have ENE recognised as a major charity in the North East of England. infiuencing positive change for those who have suffered or are suffering from homelessness. 6. Deliver the 3 year Durham County Councll SHAP project meetlng all KPI*. 7. Expand its operdtions and servlces to all areas of the North East. The Charity's short-term objectives are to: 1. Expand it8 retail operations. introducing a second new Superstore and expanding On-Line sales 2. Develop a profitable social enterprise workshop where furniture and other wood-based items are manufactured or upcycted and sold in the retail outlets and online 3. Find and develop other social enterprise income streams and additional projects 4. Improve the training and development pathways ENE offers to Its Companions. 5. Develop the brand image and awareness of ENE in North East England and beyond EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEES ANNUAL REPORT Forthe year ended 30 June 2024 6. Continue to develop the experience and skills of the staff team with an aim of introducing new specialist roles 7. Continue to offer trauma informed counselling to all Companions. Staff and Volunteers. Emmaus North East has a Strategy in place until the end of 2025 that was reviewed at a Board Day in May 2024. The Strategy is focussed on 4 key areas. To be financially secure-we will be financially secure and a sustsin8ble charity. To improve Companion outcornes-we will improve Companion experiences and outcomes. > To Improve our Organisation-we wlll improve our organisation and efficiency. To influence positive change-we will raise our profil8 and influence posftive change. The CEO Board reports are focussed on updates in each of the four strategy areas and the operational plan aligns with It. It is pleasing to report strong progress against each of the areas. Abwt Emmau8 South Tyneside has more homeloss people than some of the larger citles In the North East and is classed as one of the most deprived areas In the region with 1 in 500 people considered homeless. This has been further exacerbated by the cost-of4iving crisis with an estimate that over 3000 households in the area will be threatened with homelessness. Unfortunately. nearly 30% of children are living in povertyand over 40% of people are classed as deprlved. This means that there is a greater need than ever for our seThices. tt Is difficult to say how many people are homeless in England and how to assess this. Homelessness not only includes Tough sleepers but also those sofrd surfing and staying with friends and framilies. There are many issues creating this cent￿d around the lack of social housing and the lack of long-term secure homes that are affordable. Life on the streets can be humiliating and degrading and creates mental health struggles in many. We know that because our companions have told us so. We are going to strengthen and extend our services to more people and make sure that continue with our solidarity. This includes being the VOiGe of our communities and representing vulnerable people and familie& EMMAUS NORTH EAsr (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 30 June 2024 Emmaus is a homelessness charity with a difference. Emmaus does not just giv8 people a bed for the night: it offers a hom& meaninghjl work. and a sense of belonging. For many people who have experienced homelessness. losing their self-esteem can be the most damaging part of their experience. Being on your own can b8 soul destroying. leaving you feeling worthless. Emmaus is different because it provides a home for as long as someone needs it. This gives Companions. as we call our residents. the opportunity to take stock of their live& deal with any issues they might have. and often reestablish relationships with loved one& Emmaus North East also provides immediate access to dedicated trauma informed C￿nSe￿ing and dependency support when needed. Emmaus North East% work impacts on improved public safety. a reduction in victims of crime and savings forthe NHS. The Emmaus movement (Includlng Emmaus IntOfll8tiona The Emmaus movement and Its 425 member org8nisations in Europe. Africa. Asia. and the Americas continue to engage at a local level with people who have experienced social exclusion to access their fundamental rights and. through their collectiVB action. demonstr*e there are credible alternatives to injustice. ThefirstUKEmmaus Communityw88 estsbllshed in 1992. Tod8y30 Emmaus communities are operational, with others in the course of development. An Emmaus UK Community offers homeless people a chance to re88in their self-respect thfough livlng and working in a supportive environment whlch combines residential accommodation with self-supporting social enterprises. These enterprises. mainly retsil. are based largety on the collectlon and sale of donated goods as well as refurbishment and recycling of various goods and scrap materials in line with the principles of a circular. low waste economy. Additionally. Emmaus Communities work with a "solidarity concept" whereby they help sister Communities by donating goods for sale in their retail outlets and financial support if needed. Each Emmaus Community in the UK whilst being an independent legal entity commits to follow the values and ethos of the Emmaus movement as a whole. Emmaus UK (EUK). Emmaus UK is the federal bodyfor Emmaus in the UK. Each member of Emmaus UK- either a community or group- is an independent charity. governed by a local board of trustees. Emmaus North East (ENE) This year. Emmaus North East ha8 celebrated its 15th Anniversary. ENE is a legally independent charity based in South Tyneside in North East England. It focuses upon EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEESANNUAL REPORT Forthe year ended 30 June 2024 providing support to homeless people and works within the Emmaus movement's ethos and values. ENE is a member of the EUK Federation and the Emmaus International movement. ENE aims to combat homelessness. It provides people with a home. work and encourages solidarity with others in a similar position. It gives Companions a choice and a chance. It welcomes people froffl all backgrounds and all causes of homelessness. ENE is supported by a wide range of funders and partners who provide both financial and in-kind support. This funding both supports the community and helps the ENE social enterprises grow and thrive. ENE'S vision is.to help create a North East England where homelessness and hopelessness have been abolished". ENE* mission Is lo enable homeless people In the North East rebulld their lives through soci81 enterprises which 81so involve and enrich the local community". The core values of the charity are Empowerment. Enablement and Involvement. ENE* operations are centred around its communlty residences at 253. 255 and 257 Stanhope Road, South Shields where ENE is able to offer permanent accommod8tion and support to 21 companions with ambitions to expand further. Referrals a￿ received from across the North East and beyond and ENE is now recognised as an integral part of the community in South Tyneside. The Charity provides safe accommodation. meaningful work and peer and pastoral support to its Companions. This way of working means Companions are able to recover their confidence and self-respect and make a fresh startto rebuild their lives. ENE tries to ensure allcompanions a￿ able to move onto independent living and employment when theyare ready, but there is no time limit for this and Companions are welcome to stsy in the communityfor as long as they like and need wlth several companions making thelr homes at ENE for over 5 years. ENE focuses upon its Companions and seeks to ensure they have a consistsnt core offer outlining the mutual expectstions of both ENE and themselves. All Companions are enabled and encouraged to participate fully in ENE and its activities. There are three criticalfeatures of ENE that make it differentto some of the other support offered to homeless people: ENE provides a home- Companions have a room to call their own and a place to call home alongside other people who understand their situation. The house has cleaf rules. meaning it provides a safe and secure environment for everyone: Safeguarding is of highest priority with annual revlews of processes and policies. ENE gives people focus. meaning and structure- Companions support the social enterprises and this offers them training. activities to improve health and wellbeing and access to an in house trauma informed therapy. This provides the Companions with structure and a focus for each day and productive activity to engage with. The Community Wellness pilot has been of national focus with several communities trying to replicate it. ENE judges people on todays actions not yBSterday's- Companions have EMMAUS NORTH EAST (Acompanylimited by guarantee) TRUSTEES ANNUAL REpoirr Forthe year ended 30 June 2024 the opportunity to change and are given the chance to change. Emmaus North East will not work for everyone. but everyone is given a chance. Emmaus North East has three strands of delivery. Home- providing up to 21 Companions with community living at its South Shields residences. > Work- all Companions support the Charity's business8s and social enterprises that provide CompanSons with a structure. routine and increases their skills and work based experienc& >¥ Solidarity- providing opportunities for Companions to feel part of community groups. givingthem a sense of belonging and pride in the area. In tenns of its social enterprises. ENE operates three (3) retsil outlets in various areas of the North East (Jarrow. Low Fell and Hebburn). 8 fully equipped workshop in South Shields where fvrniture Is upcycled 8nd restored and various items made from wood are designed an(J produced. We also have a house clearlng service. an on-line retail business and open8d Lucie's Laundry in April 2023. offering free services to the community to combat the cost of living crisis. This has atso become a registered community warm space and ENE recently celebrated receiving a national award. Rovlew of Achlevemont8 and P8rfom)anco In 2023 1202 Income in 202312024 increased ty £300K with £754K being unrestricted. There was a slight Increase in expendlture from £651 K to £782K. The increa3e in Income was due to generous grants from several instltutlons (the details of which are shown in the financlal sLgtement attached) and an Increase from the soclal enterprises du8 to the opening of Lucie's Legacy and a renewed focus on e commerc& The appointment of an Area Retail Manager and Supervisor has had a positive impact on trading. The Trustees view the Charity as being in a growth phase where significant investments are required and have been made-with the natural outcome of increased fixed costs. ft is anticipated fixed costs should Stsbilise within the next 12- 18 months together with continued increases in income to support the increased cost base. The community has been at 80% capacityfor most ofthe year and a one of the properties became a dedicated female only residence. supporting females who are homeless and may have been domestically abused.-- Time and money have been spent on refurbishingthe properties to a good standard. improving comfort and living conditions for the Companions ENE continues with several additional grant funded projects. EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEES ANNUAL REPORT Forthe year ended 30 June 2024 Know your Neighbourhood / Community Activator (funded by DCMS)- focusses on supporting people tscing social isolation and Lonelines& offering them volunteering experience and access to tr8ining and counsellinE. This project runs until 2025. > Where there is a Will- supportingcompanions and the communitywith training, education and work experience (funded by the UK Shared Prosperity Fund and South Tyneside Council) > Ride . Walk and Play- providing bikes and activltles to Improve Companion health and wellbeing (funded by Sports England) > Community WeUness- offering dedicated counselling (funded by Newcastle Building Society Revive and thrive- supporting homeless fefflales (funded byThe Albert Gubay Foundation > Lloyds Bank Foundation have provided 3 years of core funding and a menu of support. In 2024. ENE was awarded the bronze accreditation for Investors in the Environment and a national Investors sn the Environment Award. There is a team made up of Staff and Companions working on Going Green and the Better Health at Work Award. In terms of benchmarking the business and operations. ENE has been assessed against B Corp and there is a B Corp Action Plan in ptac& All staff attended a business planning event and sitting alongside the ENE Strategy is a clear operatlonal plan. We continue to promote our Social Impact aligning it with the 17 International Sustainable Development goals. We contlnue to monitor performance against KPIS and have a new Quallty Assessment tool aligned to the Supported Housing changes. Some key highlights are: > RegiSte￿d 100% of Companions with 8 GP Supported (wer 100 Companions by offering them a home. training and work experience 98% of Companions have a bank account and a form of ID > 185 Volunteers have engaged in the Community Activator project Fwe Companions have entered employment and moved into their own housing. Companions we can help and in turn increase profitable social enterprises. The support provided by EUK is appreciated and demonstrates the benefit of being part of this federation. We continue to work in partnership wlth EUK and other Emmaus's. sharing best practice and committing to various national strategic groups. The CEO of Emaus EMMAUS NORTH EAST (A company limit8d by guarantee) TRUSTEES ANNUAL REPORT For the year ended 30 June 2024 North East continues to Chair the Scotland and North Ea8t Regional Partnership and is a member of the EUK Federation. The primary beneficiaries of the work of ENE are its Companions who live in the community and work in the enterprises ENE operates. ENE, however, also supports a much broader range of people. These include volunteers, who help the running of the shops and workshop, and the wider community, who are supported through other activities. Demand for the sèrvices and opportunities provided bythe ENE offer remains strong. The Charity atso recognises that growing it8 community means commensurately growing the range of bu81nesses on offer to provlde a sustainable income stream and to offer a range of opportunities for Companlons. Homelessness can happen to anyone, and the variety of reasons for which people flnd themselves homeless are wlde and Varied. Thls inevltably means the outcomes people experience will also vary. Outcomes for the Companions are of highest priority and the impact of ENE is Set out below in Tony's case study. Tony- Lrfe before Emmaus My name is Tony, I'm 62years old. I've been here at Emmaus since 2016. I'm from the North Eastbut moved to Manchesterin the 1980s. I'd been married for quite a fewye8rs and I've got kids who 8re allgrown up now. I was working for 8 supermarket and then I st8rtedgoing through depression. Like 8 typical bloke I didn't 8dmit it to myself until it W8S too18te, by this point it had ruined my marriage. I bec8m8 homeless after my m8rri8ge had broken down and I w8s sleepingin my car until itdied on me. Igot to the st8ge where I found myself sitting 8t the edge of a cliff. A dog walker found me 8nd m8n8ged to talk me out of it. I was hom818ss on and off for 8b.out 20 years, sleeping on people's sofas, in host81s, 8nd even on the street. I st8yed in a couple of bedsits but nothing was ever p8rmanent, I was always moving from place to place. Emmaus A friend told me 8bout Emmaus one d8yso I thought I'dgive it a try. At the time Emm8us Bolton was my closest one so l applied8nd moved in around2016. 1 rememberbeingnervous before I moved in because I didntr know what to expect but when I got to knowpeople there, I really enjoyed it. At Bolton. I was driving the van and I was happybecause itgave me somethingto do. I decided to move up to Emmaus North East about 4 years ago because my dad lived up here and I wanted to b8 close to him. Here I've done a couple ofNVQs in manu81 handling, and after a few months of living here18pplied to the companion support fund so I could buy some decent running things. Runningis a 10 EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 30 June 2024 big hobby of mine. Itgets me out of the house andgives me time to think about life. Recently I started volunteering8t the children's park run, it's 8 bit like the 8dult one but its 2km and open to kids 8ged4 to 14. It's free andgives kids the opportunity to get fit and enjoy running. I do a bit of everything, from photography to m8rsh811ing 8nd timekeeping, there's not much I haven't donel I've been doing this since Janu8ry2023 8nd I really enjoyit. It's greatseeing th8 kids h8vingsuch 8 good time out in the fresh air. It's re811ygood for my own well-bein& you know, seeing the kids still smiling even when it's lashing it down. Lasty8ar wasn't a good year for my health, l 8nded up fracturing my ankle which meant I couldn't run for a while. Then In December, I had to do 8 bowel cancer test kit, because of my age. Anyway, It came back that I had bowel cancer. In April they did keyhole surgery and managed to remov8 the cancer. As far as I know. they hav8 got it out but I have to keepgoing back for tests over the next five years to check if everything is okay. It was 8 scary time. ltre been through depression before and I wanted to end my life but then when I found outl had cancerl thought 'No I don't want to die,. Igot lots ofsupport from everyone here, Emm8US Staff were amazing. l18t everyone in the community know8nd they were so supportive, flinging their arms around me. Everyone thinks when a p8rson is homeless, they'r8 either8 drug 8ddict oran alcoholic, but it's not the cas8. For me, it was 8 marriage bre8kdown and that can happen to anyone. If someone w8S thinking 8bout joining Emmaus, I'd say just go for it. There are 108ds of opportunities forpeople to learn things and get training in whatever they want. I'm really happyhare, it's 8 peaceful Ilfe. If I want 81one time I can have it, If I want to soc181ise with the others I can. If someone w8S thinkingaboutjoining Emm8us, I'd sayjust go for it. There 8r8108ds of opportunities forpeople to188rn things and get training in whatever they want. In 2024. ENE introduced a new case management system that tracks a Companions journey. The impact of ENE and the support offered is measured using a Star Outcome. On arrival within the community, Companions wi(l agree an Individual support plan with a dedicated Support Worker. They are reglstered immediately with a GP and referred to appropriate support where this cannot be provided 'in house,. The Companions progress and wellbeing is assessed in many areas, self-esteem, confidence, employability, mental he8lth, financial management and readiness to move on. Progress is assessed carefully and the results of these assessments used to guide future improvements and changes to the pathway of care and support. Progression is a key part of ENE and for many the progression involves securing their own tenancy. ENE does not have a time limit on how long someone can stay, and the turnover of Companions d8pends on many factors. The Charity works with a wide range of partners EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEES ANNUAL REPORT Forthe year ended 30 June 2024 to promote its activities and to reach the people who will benefit most from its work. ENE is involved in a fortnightly multi agency rough sleepers. group and is represented on many str8tegic partnerships. ENE is seen as an essential part of public safety wlthin South Tyneside. Volunteers and Companions also come to us from a wide variety of sources including their own recognition that it Is time for a change. The new structured volunteering program will result in more positive outcomes for volunteers and the Charity as a whole. ENE is pleased to report that its partnerships further developed over the year and these partnerships became a key part of the work th8 Charity's operation. The Ch8rity has a wide range of partners who contribute to dlfferent elements of ENE 8nd ENE is a member of the South Tyneside Pledge. We 8re grateful to our funders, without whom, we could not offer the extensive support we doto people who are homeless. In addition toverygenerous donationsfrom our supporters, in 2024, we receivéd much needed grants from: Lloyds 8ank Foundatlon EUK Newcastle Building Society Department of Culture. Media and Sports The Barbour Foundation The Platten Family Trust The Albert Gubay Foundation The UK Shared Prosperity Trust 8nd South Tyneside Council Sports England The Albert Hunt Trust Bernicia Foundation Community Foundation- South Tyneslde Council (KYN) The National Lottery- Community Cost of Li ving Fund Th8 Hobson Charity Keith Pattinson Estate Agents Ringtons The Rothley Trust 2025 looks positive with the award of 8 3 year contract worth over £1 million from Durham County Council to run its SHAP project. This enables ENE to expand its worth significantly and help more homeless people. There are plans in the near future to add further social enterprises to the operations, not only to offer more work experience but 12 EMMAUS NORTH EAST (A company limited by guar8ntee) TRUSTEES ANNUAL REPORT For the year ended 30 June 2024 also to increase income. The staff team will be expanding by 8 staff members and by April 2025, ENE wlll be supporting 38 homeless people. Reference and Admln18trative Details Trustees: John Machin (Chair), Gemma Trainor, Jessica Cook, Debbie Hamilton, Shelley Armstrong, Jake Hanmore Jonathan Rook (Treasurer) and Jane Playle Key Personnel: CEO Ruth Parker Finance Manager Sandy Lambrou Company Secretary Davld Knox Company Registered Number 6820441 Charity Register8d Number: 1131408 Registered Office: 257 Stanhope Road, South Shields, NE33 4RT. Ex8miners: Jlm Dodds 33 The Glebe Morpeth, NE616HW Bankers: HSBC Bank pLc 110, Grey Street Newcastle upon Tyne. NE16JG Emmaus North East (ENE) is a member of the Emmaus Federation in the UK (EUK) and 8 full member of Emmaus Europe and Emmaus International. Structura, Governance, and Management The Charity Is a limited Ilability company being limited by guarantee and not h8ving a share capital. It was registered in England and Wales under the Companies Act 2006 on 6 February 2009 and its gov8rnlng documents are its Memorandum and Articles of As8OCi8tion. Th8 Charlty was registered as 8 Charitywith the Charity Commission for England and Wal8s on 27 August 2009. The Ch8rlty Is a member of the Emmaus Fed8r8tlon in the UK and a full member of Emmaus International and Emmaus Europe. Emmaus UK organis8s and operates two important groups in whlch the Ch8rity participates. The firstgroup is the"Chairs PeerGroup". Here, all Chairs of Emmaus communities in the UK can get together in the pr8sence of senior Emmaus UK personnelto discuss issues relatingto Emmaus in the UK in general and their own community. The second group is the "Executive Leads Peer Group". Her8, all Chlef Executives of Emmaus communities in the UK can get together in the presence of senior Emmaus UK personnel to discuss issues relating to Emmaus In the UK in general and their own community. The direction and governance of the Charity is the responsibility of Its Board of Trustees who are elected and co-opted under the terms of the Artlcles of Association. Trustees who served during the periocl under r8view are shown on page 1 . 13 EMMAUS NORTH EAST (A company limited by guarant8e) TRUSTEES ANNUAL REPORT Forthe year ended 30 June 2024 The Charity is committed to ensuring a proper balance between paying our staff fairly, so that we attract and retain the best people for the job, and careful management of our Charityfunds. The Board presently operates one additional committee which is a Finance Committee, there are plans to develop other lead groups 8tt8ched to the new Strategic Plan for 202312025. Recrultment of Trustee8 The management of the Charity is the responsibility ofthe Trustees, who are elécted and co-opted under the terms of the Artlcles ofAssociation. Trustee nominations either come from other Truste88 Wlthln the Charlty and its supporters or vla open advertisement and must be approved by 8xlstlng Trustees, in accordance with the Articles of Association. When specific skill8 are required, approaches are made to people with relevant expertise who are sympathetic to the eth03 of the Charity. If necessary. a Trustee would be co-opted specifically to cover the requirementfunction. Each newTrust8e is r8quired 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 ENE. It is intended to introduce annual appraisals of Trustees to measure their collective and individual performance and suitable training is offered In line with the NCVO Code of Governance. The main Board meets bi-monthlywith monthlyfinance committee meetings. There ar8 standing agenda items on 8genda with specific mention to Safeguarding and Health and Safety with additional areas regarding policy reviews and governance. A plan is in plac8 to carry out a Board effectlveness review, reviewing the 8kllls 8nd expertlse of Board members. Flnanclal Revlew Income from charitable activities in the period of £389K (2023: £112K) was due to generous grants from several institutions, the detail3 of which are shown in the financial statement attached. The Charity's social enterprises (shops in Low Fell, Hebburn and South Shields), the workshop in South Shields and other activities such as house clearances and On-Line retail achieved combined sales for the y8ar of £202K- an increase of £36K on the sales achieved in 2023. The figure achieved was well below the expected level based on normal trading. 14 EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEES ANNUAL REPORT Forthe year ended 30 June 2024 Housing Benefit received in the yearwas £195K (2023: 217KI this is from Companions residing in the Stanhope R08d residence. Overall, for the year, the Charity incurred a surplus of 72K (2023: deficit of -£127K). Of this surplus £66K (2023: deficit-£33K) came from restricted funds and a surplus of £6K (2023: deficit-£93K) from unrestricted funds. Carried forw8rd reserves of £858K (2023.. £786K) is represented by £80K (2023: £14K) of restricted funds and a balance of £778K (2023: £772K) in unrestricted funds, most of which is in relation to the propety owned by the Charity, Capital Expenditur8 for the year was £12K (2023: £1 K), which was funded from the Charity's own resources. Flxed costs for the year were £783K {2023: 651 K) an Increase of £132K over the prevlous year. Trustees are fully aw8re of the increasing cost base of the Charity. Expenditure is tightly controlled and monitored, However. the Trustees view the Charity as being in a grovrth phase where signific8nt investments are requir8d- with the natural outcome of increased fix8d costs. It is anticlpated fixed costs should stabilis8 Wlthin the next 12- 18 months. Re8erves Policy The Re8erves Policy has been reviewed bythe Trustees. The objective of havlng an operational raserve equivalentto 3 month's operational costs still stands. This means the aim is to have £163K in reserves, currently £28K (2023: £18K) although it will take some time to reach this level on a consistent basis. The Trustees monitor to maintain protection under the FSCS compensatlon schem8. Reserves will be built up using income achieved from the Charity's trading operations. Inv68tment Pollcy The Charity has the power under the Memorandum 8nd Articles of Association to make any investment which the Trustees see fit. Given the level of funds generated to date it is considered appropriate to keep funds in a form that is immediately accessible. Rlsk Management The Board of Trustees regularly review the risks the Charlty mayface and is satisfied that systems are in place to mitigate exposure. However, the Trustees recognise that as the project progresses further factors may arise and will undertake further reviews from time to time. A Strategic Risk Register is in place which is reviewed by the CEO on a monthly basis and presented to the Board, the aim of which is to ensure mitigating action is taken to reduce risks to their lowest possible level. This is further supported by an Operational Risk Register reviewed on a monthly basis. 15 EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEES ANNUAL REPORT Forthe year ended 30 June 2024 Principal Risk8 and Uncertaintles Short term, the principal risk facingthe Charity centres around income. Should our retail outlets fail to develop and grow and should our fund-raising fall b8low expectation then this will put pressure on th8 finances of ENE. Regarding retail, Operational and Finance management closely monitor this on a monthly basis and year-to-date sales through our KUDOS EPOS system which can follow sales on a daily basis from each of our outlets. Fund ralsing is closely targeted on funds which will support activltles required by the Charity. A Fundraising Strategy Is in place for 202312025 with the aim of dlverslfylng income streams to ensure growth and sustainability of ENE. Golng Concern The financial statements hav8 been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future c8sh flows. The Trustees are of the vlew that the immediate future of the charity for the next 12 months is secure and that on this basis the ch8rity is a going concern. Trustees, Respon8lbllltle8 Company and Charity law applicable to charities in England and Wales requires the Trustees to prepare financial stat8ments for each financial period which give a tru8 and fair view of the state of affairs of the Charity and of the Incoming reser¥es and 8pplication of r88erves, including the Income and expendlture of the charitable company for that P8rlod. In preparlng financial statements the Trustees are required to: select suitable accounting policies and apply them consistently, make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements: prepare the financial statements on a going concern basis, unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are respon8ibLe for keeping proper 8ccounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enabl8 them to ensure that the financial statements complywith the Companies Act 2006. 16 EMMAUS NORTH EAST (A company limited by guarantee) TRUSTEES ANNUAL REPORT Forthe year ended 30 June 2024 They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps forthe detection and prevention of fraud and other irregularities. This reportwa8 approved bytheTrustees on: and signed on their behalf by: John Machln Jonathan Rook Ch8irof th8 808rd ofTru8t88S Trustae 17 EMMAUS NORTH EAST (A (XXYV￿ Iwnited by guarantee) wIt￿pENDE￿rr EXAMINERS REPORT TO TrE TrUSTEES Forthe ar ended 30 June 21r24 I repNt on thè financial statsments of Emmgus Norfh East for Ihe year ended 30 June 2024, ￿ are set oul on pages 19 to 32. The ch￿l￿S Trnstees (*tho arn also threclors of the o)nyny for the ￿j￿0$￿S of conwany lthv) are resp)nskn for the preparation of the account& The ChaiiVs Tn6Stees consider that an audit is not reqUi￿d for this year und sedion 144 ofthe Charities Ad 2011 fthe Charilies Acl) and Ihat ￿ independ8Trt examination is needed. Th• chariws grnss income exceeded £250,000 and l am quathfied to undertakn tho eyaminalion Iw boing a Feknv of tho Associalion ol Charity Ind8pgndent Exarrinern. S￿Isfied nyself Ihat the tharity 59 not sutyecl to auolt undor c¢Mrpary low and is eligible for wthpebtht vAmwiation, It b ffry respons1￿11￿ to." ex•nlno th• accounts under 8eclk)n 145 of the Chath> A . lo follow tho wucedures lald dovffl in Ihe ￿ner4 Dirnctwjns gl¥en by the Charity ComNlssion (under 4ec&( 145(5)(b> of th8 Charl￿5 Ad). and B•sls rf inthp8ndent eXan￿ne￿5 slat•rnnt My wrmalion carried out in acubthnce genernl Dirncbon$ tyven by the Charity Cofffflissirm. An exThalion indudos a revi￿ of th8 aC￿unti￿ rncords kept ty the chaiity and a compariwn of the attI￿nIS entsd wlh those raujftjs. It also in￿deS consMlernlKm IA any unusual Items or dlsdosures in the accounls. and seeking explanations from the TNstees concenmng w such matters. The wtyxdures urNJertaken do not ti￿d0 811 the evidenco that ￿￿Id b• required i) an au￿ and oMsawénty no 0&4niDn is giwn as to *th8th8r tho counts present a 'tsv8 and fair view and the report is linmled lo th088 mattarn set oul in th8 slatomgnt befv)w. Inthp•ndent •xamlnorf6 •tat•m&nl In cl￿neCtIon v*th my exarninati¢￿. no material mftttèrn haw com& to nry attention giws me ￿U80 to beli8¥0 Ihal In. any mat￿la1 respecL • ac4xuthino records nol kept In a¢xThl•nc• *lth Seth1￿ 386 of tho Conpani•s A(a 201M: or . the accounts do not attord wlh such Kecords: or the a￿￿Unts do not valh rnlevant aco)unllng requirnments under Aeditin 396 01 the CoN¥>anies ALI 20[￿ other Ihan any requirnment Ihat Ihe accounts Lwe a true and fairf *thicl) is not a nmllor o)nsidwed a8 part of an widependent e￿inall0n. or . have not be•n wepored in acconlance*ilh Ihe Charties SORP (FRS102). I have com? auDSS no other Thwtters in connedion wilh lh• exaTrvththn to YknKh altention should be in this roiyxl in orferto enable a proper understanding of Ihe acc¢wnts to b• rnathed. Jwn D(KhJs FCIE 33 Tho Glebg NE616HW EMAWS NORTH EAST (A rAMry)ary firnwted by guarantee) STATEMENTOF FINANCIAL ACTMTIES (INCLUDING SUMMARY INCOME & EXPENDtruRE ACC(XINT) Forthe ywend8d 30 June 2ty24 Umsbi¢led Reslricted Funds Funds Tol*l 2024 Total t)onalion5 and legac4ei 55249 $5349 Grants and contracls (XherlTrdtiig aclivitifrB 291.108 410.544 97,Y20 389.028 410J44 285.613 756.9)1 97.920 821 524.wag 362.704 251.445 i1￿ of the thaiity 31 420.203 399.781 751.213 31.694 781907 651226 s￿88 66,226 (126,727) Total funds Ixouw foThYard T11.846 14,102 7￿848 912.675 80,328 837.862 785,918 Th8 Stalam•nt of Finanfaal Includes am and rnc¢Jwised wi th• yw. All Inclxne and frnm conlinuSno acti￿5 notes on pap5 22 to 32 fomi an Sntewaj part of the88 *xounl& EMMAUS NORTh EAST (A c(mry￿TrY liYNted by guarantee) BALANCE SHEET As at 30 June 2024 Chwty Nuthr 11314¢ Company Nunthr(W)441 Tolal 2024 Total 2023 assets 19 925.400 925.400 Total ft¥•d48s•ts 954679 130￿81 39215 28.167 48.495 Cash at ts0￿ and in hand 21 Trt•l eunvrt 088•ts 169.796 74,662 Cn¢kn" amwnts falling *ilhin 161A49) (41308) 108.347 1.031747 31354 T4*•lass•ts l•sJ eunwrt114blllde8 arKxints fallry after one year (175185 (202mS ) Tthl not•M•ts orllabllldes 857 862 785.948 777.534 80.328 857,862 T11.846 14.11Y2 Reshicled wio)mo fvnd$ T¢X•l lund• 785.918 The c(ryny was ènlilled to an exerwn fiMI •Mlil wHlor s477 of the Conwanias Act 21XWJ sm The have not requyed Ihe cony4ry lo oblain an au•St in a￿o￿lanCe seclion 476 ofthe ConyThs fv The S(*nO￿8dOe their rnsponsibilities for oxY¥tying wilh th• rewirnTh￿Trts of thg Conpanies knl *ith the res￿ct to ac(x>unting reconls and the weparalion of axounls. These ary￿unts have been wepared in acconIan￿ ￿lIh the wovisms appThcable to srnall companies *ci lo the SMAI ￿leS and in al￿rd￿ wilh FRS1Q SORP. The noios on pages 22 to 32 fomi an integral part of these aco)wts. Theso ffflanaal slatemenl8 apwoved by the Boa￿ (K and arn sgned on ts behalf iy: Jonathan Rook FCA T￿aSurer EMMAUS NORTh EAST (Auryany linNted by wafantee) STATEMENTOF CASH FLOWS F(r the yearenthd 30 June W24 Cha￿Y 11314( 2024 Il¥ities Net Th¥en￿l in funds 71.914 42.250 (128.727) 46.191 {￿) 22.627 Inbvslment iio)ma In(xease in tsade ￿￿1Vable$ Inmse in tsade payables (104.414) 19.141 24891 53.715 Puthse of woperty. th)1 and ewipN*nl Salo of wop8ty. plant and eWjpn￿nt Inierest receifftl (11,971) (809) 11.971 Cash el lThxease li W temi loan (282￿) *200 (82) Decrnze In ush and Cash equiv41onlB Ca•h and •qulvalonis at jtsrt ol Ca•h and u•h •qulvalents at end y••r (9.280 (54250) 102,745 39.215 The notos on paggs 22 to 32 fomi an integral part of those aox>unls. 21 EMMAUS NORTh EAST (A IxKnpany ￿Miled by ￿rantee> For the ear ended 30 June 2024 The arz{￿nI1ng pokles adopted. judgements and key sOw￿S ot estimation Un￿rtaInty in 2 8asl8 (rfaccounll 21 BaslB rf prnparallon Thè 8c(xunt8 have b8en prepored in acrrn1anc￿ wllh A¢￿U￿ting 8nd Reixwting by Charlkn.. Stalement of Recommended Praclice applic* to charities preparry Iheir accounts in a￿(*d￿KO wilh Ihe FinaKial Rep(Kling Slendard applicable in Ihe UK and Republic (rf Ireland (FRS 102) (effe¢*¥e l Januwy 2019) - Ch¥ities SORP (FRS 102). the FinancSal Rep(xtiw Slandwd 9ppkn￿8 in the UK arKI Rep￿liC of lrnland (FRS 102) and the cha￿1185 Ala 2011. Emmaus North East meets lh8 defirMlv)n of a public enw ￿der FRS 102. 2.2 Prnparntlon account8 on a golng conc•m bxsl• The (*Miity reFxxled unrestrthd fftJnd8 at the year end of £7TT,534. have already 8e4xwBd a 8igNficAnt nounl offunding for Ihe year. The trnstees are of Ihe ¥1￿ that Ihe wnmediate fu￿re of Ihe for the next 12 to 18 months is secure arHI Ihat on thi's b08is th8 chanty 18 a gThng conc6m. 3 Incom• 3.1 Recognlll¢)n rf Inc4￿ Lmder the appropriate heading in Ihe SOFA. 3.5 Voluntser h•lp The valu& of volunteer help recei￿ 18 IK>t included tn the accounts but is de8caibed in Ihe Trustees, Annual 3.6 Interest rn¢elvable Interest on fLmd8 held on deposit is induded when re(%ivabl8 and Ihe amount can be measwed reliably by the tharity. this is rK)rm8lly UP￿ nOtifi￿110n of Ihe interest pwd or payable ty Ihe b￿￿. 3.7 Incom8 from n*nknrnhlp subscrfptlon• Memberstwp subscriptions reCei￿d in the natwe of a gfft are rec%￿niSed in donallons arKI legaaes. Membership sub8crfplh)n3 which gives a member the ri￿t to buy 8eTrices or other benefits we recA)gni88d a8 income eamed from the wbision of goods and SeThi￿8 as in(x)me from tharitable actitritie8. 3.8 Inv•8lmnt galn• and loues This indudes reallsad or unrealised geans or losses on Ihe sale of inv8slments and any gain or1088 r¢8ulling from revaluing In￿stsn8ntS lo rna￿et value at tho and of Ihe yw. 3.9 Fund accowthj Unrestrided funds are available to spend on adlvith"e8 that further any of the PU￿885 of the ch*ity. Designated furkjs are ￿n￿StrICted funds of the chty vthith the Tfusiees have de(ided at their ths(¥etion to 8et aside io use for a spe(ific purpos6. Restricied funds are donalion8 whKh the dornr has spe(xfied are to be Solely usod for partic￿ar aws of the dwivs or for swific proieiX3 urthrtaken by the arty. 4 Exp9ndI￿rn and Ilablllllos 4.1 Llabllty rncogrfll Liablilies are rery)gni8ed when li is mofe likely than not thai thwe is a l* ￿ construdive obWK commitlwig the tharity to Pay oui r&8ources and the amThJnt of the oblig8bon be measured with reason*le certainty. EMMAUS NORTH EAST (A Iwthted by guaiantea) Forthe ernled 30 JU￿ 2024 Expendibjre on d￿ritable a(aMlfies incluth the costs of SUpp￿1nG c￿mpanIonS ￿th independent ling ￿d 4.3 Govomanc• and support costs all cosls in￿1¥1￿9 public acco￿ta￿"￿ty of the (hanty WMI its (xxnpth"ance wilh rngulalion and g￿ld pradir*. li¥ibes. Support Costs Indude c*ntral f￿ClA)n8 and have b88n aknted to a￿l￿ty Gosi categories on a basis a)nsi8tent wilh the use of resounx8. 4.4 kncovwalJl• VAT 4.5 Crndknrn The has ¢Yeditorn whith are measured at 8elUem8nt Smo￿ts less any trade d18cO￿tt. 4.6 Pn>vhlonB IlablMU•• A liabilty is mea8urnd on reC￿nitIon at its hi8t(xkal o)8t and then S{￿u￿ ffleasured at the be81 e81imate of Ihe amount requred to 8ettle the obllqation at tho reporting dale. &1 Tanglble fixed 4Mets for u•0 by th• chaf Indiifidu81 fixed a88ets costing £1.ONJ or more are Ca￿ta'Sed at cost and arn deFK8cAaled ovff 11 mated u8efiA a￿)n￿liC lives on a Straitht lkne ba* the does not hava any tangible fixed Freahold woperty Flupety impmvements FD(lures aKI fthirnJs Motor vef#'des Straght line over 50 years str￿￿ over 6 yea Reducing balan￿ 25% pa EAIPAAUS NORTh EAST (A cryny limited by NOTES TO THE FINANCIAL STATEMENTS Fwth8 ar énded 30 June 2￿24 Amtysis ol in¢omg Unrnstiicled Tolal T￿al F￿d$ 6 Donthns and legaei•s Donations Donations- Eninaus UK 9M97 6,497 10.(M12 6.276 6376 Legacy- Olive Routht Norfhem Gas Nel¥wths HMRC Gift Ald 16.144 t6.144 Incom6 fro EnvnAus UK Uoyds Bank Founda11￿ for England a Wakn8 NeKaslle &#'ldiTrg Soci8ty Fwd Fund 25,1 25.000 4887 272S) 2,765 1765 SirJaff¢s Knott Trnst SF￿1 England The Albert Gubay Charilable Foundalion The hjbert H￿ft Trust 10.IJJ) 7.0(A) 9.91)0 12.000 10.IYX) 2.173 1173 75,iJrKJ The Na11￿81 Lottery Tho Rank F￿ndat Tho Ridty Fanily Tnjsl The Palt#ison Estate Agonl Fu￿1 Plalten Fafflily Fw Olhor sm81 grnnts less than £2,1)1)O 75.orM) 15,474 5.1)00 6,520 6J20 Ll TyTrsits Councl ￿Aw Tyne and ￿ar Comnwnty Found•tion l¢Jknv Your Newouthood Fund 17.484 105.453 17.484 105A53 17,891 291108 25 EIAMAUS NORTh EAST (A ciw Iwniteil by guarantee) Y)TES TO THE FINANCIAL STATEMEKTS For the Ye￿ ended 30 June 2024 Analysis of income continued Unrestricted Restricied Funds Funds Total 2024 2023 8 Oll*r trading Bcllvitie8 Charity shop sales Online sales House dearances Housing benefft Rental income 202.(b9 8.926 3.427 195.392 730 202.069 8,926 3,427 195,392 730 106.034 217,469 2.110 9 hKom• from Investments Bank wilerest Income £854,821 (2023: £524,499) of *thich £756,901 *•8 Unf05ts1ctsd or designstod (2023: £433.934) and £97.920 rnsblcted (2023.. £90,565). Analyfjlfj rfexpendlture on ralslng fund8 unrestrict￿ Restsicted F￿K1$ Funds Total 2024 Total 2023 10 Ra181ng thnd8 IncuT(ed seeking grants 17.250 17.230 6,697 staff salaiies 155,135 151.568 24.531 14,220 155.135 151.568 24531 14220 106.169 117,382 Cosl of sales SuppNt costs 14.931 Eynthire on rnising lunds £362,704 (2023: £251.445 ) of ￿1¢h ￿2.701 w•s unTeslKthd or aled (2023: r216,650) and £0 was ￿$￿I*d (2023.. £34.795). EMMAUS NORTh EAST Fwthè Mded 30 June 2024 Unfftstiid￿ Restsiclèd Funds Tolal 2024 2023 11 Charftable actlvluas Slaff salaries Slaff olhor ojsts 107,724 9.614 619 94.448 5.092 14.825 40.059 1.957 11.012 2.209 3,919 29.969 932 3.633 42250 421 119.192 10.139 619 114.078 3.913 215 95.133 7,036 525 A(fverbng and matheling Rert rates 14825 40.059 Olh8ro¥tsbli$h￿nt C08ts Repairs and Trne￿I$ Vehide o)sts Pn)fessional fees Relurned fund8 Smil ewiwrmt 1919 29,969 9200 5,899 2.931 3.71Y2 46,191 4.338 4U50 B￿k (*aryJg5 and internst rt costs 13.539 6,619 Indopendjnl oxam*wff8 faes for roporfinq on the accounts 2.670 1670 399 781 Expenlffiknre on chaiilable acli¥ibe5 £420.203 (2023: £399.781 ) of *knich £388.509 umsti*d or (2￿23. £310,649) and £31.694 was rest￿hd(2023. £89.132). 12 Faes for •xamlrnllon of th• accounts 2024 2023 EMMAUS NORTh EAST F(*thè ar 30 21r24 13 Arn￿1￿ of slaff costs and thè ¢ost of key pusorn 20 2023 197,887 18.724 Pension costs {d￿ned conlribulion pension plan) 4629 220247 The key nwnapnxnt Per¥￿n91 ￿ the cha￿, c4Mnxise the Tnths and the CEO. The lots1 benefits of Ihg key managmrf per¥onnel of Ihe cha￿Y Mfe £71205 (2W23:£55.625). 14 SI￿ nunthr• Thè fftxthly h•ad coqltt Mis 9 slaff (2023: 7 stall) and thg average nUrt￿r of fulmlm 2024 2023 b•r Nuthr The ofthe chwity in th• fjrytyee's Nono of the Truste•s have boon pald ary re￿￿ne￿lian or any other benofjls from an •M￿yn￿l h Iheir chanty ty a related entity. No Tnmtae éxpnses havo b8on incurnd in Iho y•ar. math r•lat•d Prfl•s There have be•n no rnknted party trdnsadions ffj th8 The ¢haiity operales a deffined a)ntribJlion pension 8d￿m?. Tho assets olthe s(thmD are hekl sq)arntety those ofthe Cha￿ in an in*ond8nty adminisieThl pension fX)sts rewesent contrfixAwJns payalle ty the tharly to the fund aff￿Unt to £4.629 (2023: £3,636). Thorn *5 £1.190 as al 30 kn 2024 (2023: £0). The chwity is exenwt trom tsx on incom& and gains fallwy sedi)n 505 of Ihe Taxes Ad 1988 or secl 252 of lh• Taxaliffj of Chargeablo Gains Ad 1992 &> the exlenl that thos• aKO apw to dwi EMMAUS NORTH EAST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMEMf8 For Ihe ar ended 30 June 2024 18 Volunteer timo The Charity placés a great value on the contributions that voluntsers made to the organisation. 0￿r the course of the year, benefitted greaty not only from thè considerable time, energy and expertise giv8n by thé Board of Trustèès and the companions but other volunteers as well. Companions for at lèast 40 hours each ￿eek within thè Charity's corrffieraal and social ènterprises, mainty retall. Th8 av8rag8 numbér of companlons with thé Charity during the year 15. Other volunteers spend tlme on specific projects and event8. Volunteers tlmg wa8 donated by 7 indlbiduals during 2022123 , offering in Ihe region of4,500 hours. Molor Propety Flxture• vohlcle• Improvem8nts flttlngs and •qulpm@nt Freehold Property Total 19 Tanglbl• flx•d a•••ts Co•t Balance bmught ft>Trvard Addilion8 Disposals Balance carrled fofward 42,149 9e.750 60,873 11,971 970,918 1,170,690 11,971 970 918 1182 661 Deprnelallon 888iS RB 25% SL 17% SL 170h SL 20 Balanca brought fomard Depreciation charge for year Disposals Balaneé earrf•d forward 24,387 19,418 38,187 11,397 48,113 104,324 4,441 215,011 42,250 108 765 Net book vll Brought ft+rward 866 594 955 679 Carrl•d forward 925 400 20 D•btors and prnpayments (rncefvable wlthln 1 y•ar) 2024 2023 Trade debtor$ Prepayments other debtors 93,466 24,716 12,409 5.641 15,527 4,999 26.167 21 Cash al bank and In hand 2024 2023 Cash at bank and in hand 39.215 39.215 48.495 29 EMMAUS NORTH EAST (A company limited by guaranteè) NOTES TO THE FINANCIAL 8TATEIIIENTS For Ihe year ended 30 Juna 2024 22 Creditors and accruals (￿Yable within 1 year 2024 2023 Trade creditors Other creditors Loan Accruals Independent examination of accounts 27,747 4.832 26,200 10.831 2,372 26,525 2,670 2,580 23 Crodltorn and ac¢rual• Ipayablo aftér more than 1 year) 2024 2023 Long term loan 175,885 175.885 202,085 202.085 The loan Is subiect to interesl at 49h and 18 Secu￿d on the companvs propoty at Stanhope Road. Included V•ithrn the loan is an amount of £210,000 repayable by in8t8lments over 25 yoars commencing 30 June 2018 and an amount of £79,093 r8p8y8ble by instalments over 5 years commencing January 2019. 2024 2023 Betv￿n 2 and 5 year8 After 5 yéars 69,800 106,085 175 885 55.230 146,855 Wthln 1 year 26.200 202,085 28,525 228,610 24 Operatlng hase commltmants At 30 June 2022 th8 ch81ity had annual commitments under non-canc8llable operating leases as follov*S: 2024 2023 Expiry dale Wthin one year Betr￿Pen one and five yearn Greater than five years 14,250 28,500 14,250 42,750 25 E￿nts after the end of the reporting perfod No events (not requiring adjustment to Ihe accounts) have occurred after the end of the reporiing period but bèfore the accounts are authorised Nthich relale lo eonithtions that arose after the end of the reporting period. 30 EMMAUS NORTH EAST (A coffpany knmted by gumtee) Forthe vear en(knd 30 June 2024 26 Amlysls of ch•rilabh funds Amlysls rf mowrnents In ￿10$1￿¢1&d fund• Fund balance• brouw IncomlbVJ Resources forward re8our¢•s expond•d Trnnslers fomrd Fund balanc•s General unrestrithd ￿nd 771.846 756,SX)I (751.213) 751213 Ti*als Pwpofje of unfe8trlcted fund• Gonernl uM•stii(aed fund The reservgrf ofth6 chaiity. An•1Y￿ rf m•>v•m•nt In Mstrlcthd fvnd• Fund balanc brwihl Incomlry R•sour forn•nl mourc•• •XP•￿ Tran¥ferJ 10Th￿ Fw balanMs NNraslle Building Society ConThunty Fund Rrfwns Fund Sport England The Albert Gubay Chwii Foundalion The BemKia Foundallf The Hobson Chaftty Tho Goslling Foundath The Patiinson Estate Ag8rt Fund The Platten Famlly Fund The Ra* Fwndo1*)n The Soulh Tynesmle KJThvYour NO1￿u￿00d Fund Olher sm811 grnnts less than 4.887 (250) (857> 4143 (9.698 > 50,304 (3.166) (2,173) (78) (1,lJXb) {450) {8268) 47J4 2,173 1.000 5,OIN) 4.856 (4.856) (900) 31.694 31 EMPAAUS NORTH EAST (A liffliled by warantse) NOTES TO RNANCIAL STATEMENTS For Ihe vear ended 30 J￿e 2024 26 Analysis of charitablo funds contffiued Pwpoae af r•Sts1¢l￿ lunds Restriclod funds reprnsgnl inc and £980 for Fyofesjional fees of oAing instruclo(s. To wovide safe housww for6 wvivorn of thmèslc violenc•. Fuffliture, alann and se• fèalures, staff costs, moving on starter path and personal support fvnd. To exter￿ the c¢Jmmnty activatorT4ts1)rf( inlo NofllttKnberfand and recnjikng a retsil assistanL The Hobson Charity R8furbishnwnl of vmnen only aporknonts. The Edwa￿ GostknvJ FI￿nda￿On Revive and Thri￿ prowamnp cost The Pattinson Estate Agent Fund To suN)ort former conyanions. The Plalten Famty Fund To enat4& companlons lo gain fomwl Cty and Guikts type acuethlatmm. The Rank Foundation Conlribulon to salary Costs for the M*ketiig Officer. The ANy8rt Gubay Chafitable Foundation Tho 8•micia Foundation Neighbouthl￿d Fund ¢knwed to enhance collal)oralion bets•en C￿lDn8 and th8 Soulh Tyn68id8 comnwJnily. Its wimwy goals are io wovKle peer-ttrP8er support, fostér skill devek)pnwnt, and mityats chronic lonelwieu and Jocial isolalion. 27 Analy81• rf n•t auets b•lwwn fuftdts 2024 Unrestrfcied Rmtricted FthKIs F￿d8 Tolal 2024 Twible fixed assets Cash at bank and in hand Olher nel current assotsl0iablf￿"es) Long lemi assetsl{liabliti85) 925.400 18.887 9.132 (175,885) 20.328 39.215 69.132 (175.8851 UNeslKiCted Restiicled Funds F￿d8 Tolal 2023 955.679 Cash al bank and in hand Othernet cunènt assetgoiabillies) Lry tenn a$setsl{￿ab￿I1les) 955.679 48A95 1111411 (202.085 14.102 (16.141) (202.085)