mailes Goldie CHAR TERED ACCOUNTANTS REGISTERED CHARITY NUMBER:01132419 REGISTERED COMPANY NUMBER:06978334 Environmental & Management Solutions Limited Unaudited Financial Statements 31 March 2025 sD022086IP1 ICAEW CHARTERED ACCOUNTANTS
Environmental & Management Solutions Limited Contents of the Financial Statements for the year ended 318t March 2025 Pago Chalrfs Report Chlaf Executlve's Report Raport of the Tru8tee8 Statement of Tru8tse8' Re8pon8lbllltl08 Indapondent Examlnées Report Statement of Financlal Actlvltleg Balance Sheet 10 to 11 Notes to the Flnanclal Statements 12 to 18 Detalled Stat1•nt of Flnanclal Acllvltl•s 19 to 20
Environmental & Management Solutions Limited Chair's Report for the year ended 31st March 2025 Welcome to our annual report for 202412025 Another highly productive year and a year of change for the EMS team. We have continued to provide three affordable food shops to the community with more than 12000 visits. In addition to this, we have provided our ready meals to individuals, families and community groups and provid 'cooking on a budget, teaching sessions throughout the city. Our food-based holiday activity events were also very popular. Towards the end of the year, we had to make the difficult decision to cease our ready meal project. Despite a focussed search, we were unable to find future funding. On a more positive note, WB moved Into our new premises wlth larger shop area. offiS, storage spac8 and garden. We are now working on making this the hub of the community with communal garden and other services, including citizens advice. using our space. Our gardening and growing projects ran smoothly, providing tailored activity for groups at our therapy allotment, plus development of growing space at another site. Looklng to the future, the funding environment remains challenging, however, we are continually looking at ways to increase our positive impact in the community through additional projects and partnerships. We have Vrked hard at developing a loyal group of volunteers, who provide essential support throughout our organisation, and we will seek to expand this as new projects are developed. Our cost base remains low and our controls are solid; with a greatly reduced cashflow deficit of only £800 this year. We are therefore positioned well to seize future opportunities. Lastly, a big thank you to the EMS team, volunteers, local companies and the tnjstee team for another sucSsful year. Diana North Chair, EMS Ltd Page 1
Environmental & Management Solutions Limited Chief Executive's Report for the year ended 31st March 2025 It's been another busy year for the EMS Team. They have worked exceptionally hard to keep all our services fully operational, in addition to some seasonal projects. Our affordable food shop continues to run in three locations, working with thousands of residents who visit per year. Over the course of this financial year, we supported over 92.0(X) residents as part of our food related services. We also continued to work our community gardening projects, developing our outdoor classroom at Orchard Park and engaging with community groups on our therapy allotment, Edensands. We have also started work on our growing space at the front of our offices, which when complete will have raised beds with herbs and vegetables for residents to pick. We continue to deliver our much sought-after cooking on a budget sessions. We have hosted the sessions in 12 of the 21 area wards in Hull. A special thank you to our dedicated volunteers Gary. Kirsti. Julie. Henry and Helen, along with those who have given their time to help at our allotment sites. During 20225 they have amassed over 5400 hours between them, With our ready meals project. we continued to VA)rk wlth partners offering lunch clubs to help residents access warm spaces and socialise during the colder months. Over the last 12 months V cooked and distributed over 9000 meals all over Hull. Finally, I VUld also like to take this opportunity to issue a heartfelt thank you to the EMS Trustees and my Chair Diana for their fantastic support, along with my very hard-VrkIng staff team who rose to every challenge put before them. Jan Boyd CEO EMS Ltd Page 2
Environmental & Management Solutions Limited Report of the Trustees for the year ended 31st March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES a. Policies and objo¢tive8 The principal objectives of the charitable company are to assist, promote, encourage and secure the regeneration of all aspects of the city of Kingston upon Hull, the East Riding of Yorkshire and North East Lincolnshire (The Area) for the benefit of its community by all or any of the following charitable means.. The o)nservation and protection of the physical and natural environment via the promotion of recycling and other waste management issues. To advance the education of the public, particularly young people through schools, in the conservation, protection and improvèment of the physical environment. The promotion of healthy lifestyles and the provision of activities on the same. The promotion of public safety and prevention of crime and anti-social behaviour. The provision of advice on the same. The delivery of houslng support services in cases of charitable need (but not limited to advice on budgeting and debt management). assistance with benefit daims; maintaining the security of dwellings,. assisting with disputes with neighbours and general counselling and advice (either alone or with community and partners to ensure that people living in the area have decent, stable and V11 managed homes}. The holding of exhibitions. meetings, lectures, classes, seminars and courses, either alone or in partnership with community and local partners. to assist with the fulfilment of all or any of the above charitable objectives within the area. The relief of unemployment by providing help and advice, information, technical assistan, business advic£ or consultancy in order to provide training and emplayment opportunities for unemployed people. The provision of advisory and couns811ing services in case of charitable need. b) d) g) h) In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit- running a charity,. b. Actlvltle8 and perfornianco We work with residents, community groups and local businesses to alleviate food and fuel poverty. Our key activitles are.. Growlng: Developing community allotments, growing spaces and edible gardens Eneryy: Offering a range of practical energy saving equipment, support and advi so residents can save money on their fuel bills. Page 3
Environmental & Management Solutlons Limited Report of the Trustees for the year •nded 31st March 2025 b. Actlvltles and perfomiance {contlnued) Food: The Hull Community Shops (HCS) a project turning surplus produce from supermarketslsuppliers into affordable food for residents in food poverty. Cooking on a Budget sessions; vmrking with residents to improve their cooking skills in a social setting. Freedom Food Project: cooking nutritious ready rneals for up to a family of four and delNered to community fridges located around Hull. Naturn: Homes to Roost, building birdlbat boxes and bug hotels with schools. community groups and residential homes. Biodiversity education in schools induding tree planting. We actively recrult and work with volunteers with various abilities on all of our servlces to increase their self- confidence, health and general well-being. We work with partner organisations, residents and community groups to develop effective project8 that bring about change. Performance figures.. 202&2025 9,981 5,433 39 1,952 12,484 92,721 63 Ready meals picked up by residents Volunteer hours donated Organisations engaged wlth Surplus food cotlections Visits to the Hull Communlty Shop Residents supported Surplus food collected (tonnes) Total shop opening hours EMS Ltd Is a member of the following networkslorganisations: Forum Federatlon of Small Businesses Humberside Occupational Health & Safety Forum Chamber of Commerce Directory of Social Change Yorkshire & Humber Regional Forum for Voluntary Oraanlsations Business in the Community Food 4 Hull EVRAS Voice and Irffluence Partnership Sustsinable Food City Hull Independent F(M)d Aid Netvrfork Food Insecurity Network We are working in partnership with: Cranswick PLC Soanes Poultry Limited Hull City Council My Neighbourly Fareshare Supermarkets Community organisations Page 4
Environmental & Management Solutions Limited Report of the Trustees for the year ended 31st March 2025 FINANCIAL REVIEW Going concern After making appropriate enquiries. the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existen for the foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the finanaal statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b) Reserves policy The Trustees, as a commitment to good governance, have established a selVeS policy whereby they wish to see the unrestricted funds not Committed or invested in tangible fixed assets (the free reserves) held by the charity to be at least £108.000. At this level the Trustees feel that they would be able to continue the current activilies of the charity for a minimum of 6 months in the event of any significant drop in funding.Reserves are reviewed at every board meeting. Prlncipal sourc•8 of fundlng Reckitt Ltd Legacy Donation Garfield Western Brelms Trust EMS activities (self generated Income)., Affordable Food Shop Freedom Ready Meals Cooking on a Budget Sesslons Health and Safety Consultancy PLANS FOR THE FUTURE Continue to deliver front-lin8 serVIS to assist residents, partners, charities and businesses. Continue to develop our communlty allotmentslgardens project throughout Hull to Improve residents, access to local produc& and promote healthy livlng, exercise and well-being. Expand the surplus food collection outlets to provide more affordable food to residents via a number of Hull Community Shops operating out of loc21 facilities. Expand our Cooking on a Budget and our school projects throughout Hull and the East Riding. Expand our Freedom Food Ready Meals service by increasing the number of community-based fridges where we deliver and store the meals to be collected by families. Work with staff and external organisations to ensure that newly established relatlonshlps and existing partnerships remain effective and productlve throughout the year. Continue to provide a solid financial base and job security for EMS staff and volunteers, vthilst operating at a high level of resource efficiency. STRUCTURE, GOVERNANCE AND MANAGEMENT a) Constitutlon Environmental & Management Solutions Limited is registered as a charitable company Ilmited by guarantee and was set up by a Trust deed b) M•th¢xl8 of appolntment or election of Trustees The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Page 5
Environmental & Management Solutions Limited Report of the Trustees for the year ended 31st March 2025 c) Oryanisational structure The Chief Executive and her staff report to the Trustees at board meetings, held every other month, and via informal discussion. d) Policies adoptsd for tho Inducllon and training of Trustees. New trustees are made aware of their responsibilities and the affairs of the charity. All Trustees are kept aware of updates sent out by the Charity Commission 0> Rlsk management EMS Ltd.'s key operational risks are reviewed by the Trustees on a regular basis during the ongoing monitoring and evaluation of the company's activities. The Trustees are alerted to changing operational circUmstanS and the need to ensure that the composition of the staff team reflects the qUirementS of the charity. REFeRENce AND ADMINISTIIATIVE DrrAIL3 R•gist•rad Company number 06978334 (England and Wales) R•gist•rad Charfty nurnb•r 01132419 Reglstered offlce 1 Endeavour Crescent Hull East Yorkshire HU9 5SZ Tru8toes Ms D L North Retired A J Acum Director Of Client Services F C Ahiakpa Finance Officer Ms C M East Ceo M J Hoggarth Managing Director Dr J Khudnazarov Manager Company Secretsry J Boyd Independent Examlner Smalles Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA Approved by order of the board of trustees on ........ . and signed on its behalf by: Ms D L North - Trustee Page 6
Environmental & Management Solutions Limited Statement of Trustees. Responsibilities for the yoar ended 31st March 2025 The trustees (who are also the directors of Environmental & Management Solutions Limited for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi). Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally ACpted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the ffinancial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements. the trustees are required to select suitable accounting policies and then apply them consistently; obBarvo tho methods and prinoiplas in the Charit188 SORP; make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records vrfhich disclose with reasonable accuracy at any time the financial position of the charttable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for tsking reasonable steps for the prevention and ¢Jetection of fraud and other irregularities. Page 7
Independent Examiner's Report to the Trustees of Environmental & Management Solutions Limited Independent examinerfs report to the trustees of Environmental & Management Solutions Limited {'the Company.) I report to the charty trustees on my examination of the accounts of the Company for the year ended 31 st March 2025. Responslbllltles and basls of report As the charity's trustees of the Company (and also its d1CtOrS for the purposes of company law) you are responsible for the preparation of the accounts in accy)rdance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of yr charity's accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commlsslon under Section 145(5) (b) of the 2011 Act. Independont •xamin•rfs statement I hav• complotgd my oxamination. I confirm that no mati•rs hava como to my attontion in nnetIOn with tha examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts glve a true and falr view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance v4ith the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities {applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connectlon with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Luke Taylor BSC FCA Smalles Goldie Chartered Accountants Regent's Court PrinSS Street Hull East Yorkshire HU2 88A Date: ... 031it lts)LS Page 8
Environmental & Management Solutions Llmited Statement of Financial Activities for tho year ended 31st March 2025 2025 Total funds 2024 Total funds Unrestricted Restricted fijnd fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 208,574 21424 234,998 197,736 Investment income 2.028 Total 210 602 237 026 199 851 EXPENDITURE ON Charitable activltles Project costs 139 033 237 828 215727 NET INCOMEI(EXPENDITURE) 71,569 (72.371) {802) (15,876) RECONCILIATION OF FUNDS Total funds brought forward 128.993 72,371 201,364 217,240 TOTAL FUNDS CARRIED FORWARD 200 562 201364 The notes form part of these financial statements Page 9
Envlronmental & Management Solutions Limited Balance Sheet 31st March 2025 2025 Total funds 2024 Total funds Unrestricted Restricted fund fund Notes FIXED ASSETS Tangible assets 11 6,505 6,505 8,680 CURRENT ASSETS Debtors Cash at bank 12 2,439 2,439 194 868 1,680 193976 197,307 197,307 195,656 CREDITORS Amounts falling due within one year 13 {3.250) (3,250) (2,972) NET CURRENT ASSETS 192,684 TOTAL ASSETS LESS CURRENT LIABILITIES 200,562 200,562 201,364 NET ASSETS 200 562 FUNDS Unrestricted funds Restricted funds 14 200.562 128,993 TOTAL FUNDS The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025. The members have not required the company to obtain an audit of its financial statements for the year ende 31 st March 2025 in accordan with Section 476 of the Companies Act 20C6. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accountlng records that comply with seCons 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the stste of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which other4vise comply with the requirements of the Companies Act 20( relating to financial statements. so far as applicable to the charitable company. The notes form part of these financial statements Page 10 continued..
Environmental & Management Solutions Limited Balance Sheet- continued 31st March 2025 These financial statements have been prepared in ac£ordance with the provisions applicable to charitable companies subject to the small companies regime. The al statements were approved by the Board of Trustees and authorised for issue on and Vre signed on its behalf by: D L North - Trustee The notes form part of these financial statements Page11
Environmental & Management Solutions Llmited Notes to the Financial Statements for the year ended 31st March 2025 ACCOUNTING POLICIES Basis of preparation The financial statements of the charitable company, whith is a public benefit entity under FRS 102. have been prepared in accordan with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iland (FRS 102) (effective 1 January 2019>,, Financial Reporting Standard 102 'The Financial Reporting Standard applic2ble in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Golng concèrn The trustees assess whether the use of golng concern is appropriate l.e. whether there are any materlal unc£rtainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of at least ono yoar from th• dato of authori$ation for isBug of the financial $tatomant8. General Infomiation The charitable company is a company limited by guarantee and registered in England and Wales. The members of the company are the Trustees named on page 1. In the event of the cornpany being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. The charities functional and presentation ujrrency is pndS Income AJI income is recognised In the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Grants ar8 induded in th8 Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is e1Ved in advance of entitlement of receipt. its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Interest receivable Interest on funds held on deposit is induded when re1vable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deF)OSited. Expenditure Expenditure is recognised once there is a legal or constructive oblig8tlon to transfer economlc beneflt to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classrfied under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allccated to activities on a basis consistent with the use of resources. Tanglble fixed assets Tangible fixed assets are initially recognlsed at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accurnulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working cond ition should be included in the measurement of cost. Page 12 continued...
Environmental & Management Solutions Limited Notes to the Financial Statements - continued for the year ended 31st March 2025 ACCOUNTING POLICIES - continued Tanglble fixed assets Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following bases: Motor vehides 250/0 reducing balan. Office equipment 25Vo reducing balance. Dobtor8 Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Liabllltle8 and provi8lon8 Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit wlll be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanc8d payments for the goods or services It must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate Ihat reflects the risks specific to the liability. The unwinding of the discount is recognised in Ihe statement of financial activities as a finance cost. Flnancial Instruments The Company only has financial assets and financial liabilities of a kind that qualify as basic financial Instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost uslng the effective interest method. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the dis(retion of the trustees. Restricted funds are funds vthich are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for partIlar purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Further explanation of the nature and purpose of eath fund is included in the notes to the financial statements. Pension costs and other post-retlr•ment benefits The charitable company operates a defined ntrIbUtiOn pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 13 continued...
Envlronmental & Management Solutions Limited Notes to the Financial Statements - continued for the year ended 31st March 2025 DONATIONS AND LEGACIES 2025 2024 Donations and legacies Contributions towards goods and services provided Donated services and facilities 120,439 99,559 37,346 160,390 234.998 197,736 INVESTMENT INCOME 2025 2024 Interest receivable - tradlng CHARITABLE ACTIVITIES COSTS Support costs (see note 5) Direct Costs Totals Project costs 237 828 SUPPORT COSTS Governance costs Flnan Totals Project costs 284 NET INCOMEI(EXPENDITURE> Net incomel(expenditure) is stated after chargingl(crediting)'. 2025 2024 Depreciation - owned assets Other operating leases Deficit on disposal of fixed assets 2,161 1,307 2,882 939 Page 14 continued...
Environmental & Management Solutions Limited Notes to the Financial Statements - continued for the year ended 31st March 2025 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 st March 2025 nor for the year ended 31 st March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 st March 2025 nor for the year ended 31st March 2024. STAFF COSTS 2025 2024 Wages and salaries Social security costs Other pension costs 156.791 8,807 146.164 7,640 160,379 The average monthly number of employees during the year was as follows. 2025 2024 Employees The average number of employees expressed as full time equivalents is 4.62 (2024.. 4.62) Key management personnel received £55,266 within the year. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 137,721 60,015 197,736 Investment income Total 139 836 199 851 EXPENDITURE ON Charitablo activities Project costs 118,843 96,884 215.727 NET INCOMEI(EXPENDITURE) 20,993 (36,869) (15.876) RECONCILIATION OF FUNDS Total funds brought forward 108,000 109.240 217,240 TOTAL FUNDS CARRIED FORWARD 128 993 72,371 201,364 Page 15 continued...
Environmental & Management Solutions Limited Notes to the Financial Statements - continued for the year ended 31st March 2025 10. INDEPENDENT EXAMINER REMUNERATION 2025 2024 Independent examination remuneration 455 11. TANGIBLE FIXED ASSETS Fixtures and fittings Motor vehicles Totals COST At 1 st Aprll 2024 Additions Disposals 10.296 51 12,254 22,550 51 At 31st March 2025 DEPRECIATION At 1 st April 2024 Charge for year Eliminated on disposal 5,090 1,292 8,780 869 13,870 2,161 At 31st March 2025 NET BOOK VALUE At 31st March 2025 2.6QS At 31 st March 2024 3.474 12. DE8TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments 1,901 538 1,229 451 Pag8 16 continued...
Environmental & Management Solutions Limited Notes to the Financial Statements - continued for the year ended 31st March 2025 13. CREDITORS: AMOUNTS FALLING DUE THIN ONE YEAR 2025 2024 Other creditors Accruals and deferred income 639 582 14. MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestrlcted fund8 General fund 128.993 71,569 200.562 Restrictod funds Restricted Fund 72,371 (72.371) TOTAL FUNDS 802) 200 562 Net movement in funds, Included In the above are as follows: Incoming resources Resources expended Movement in funds Unr•strl¢ted fund$ General fund 210,602 {139,033) 71,569 Restrlctsd funds Restricted Fund 26,424 (98,795) (72,371) TOTAL FUNDS 237 828) 802) Comparatlves for movement in fundg Net movement in funds At 31.3.24 At 1.4.23 Unrestrtcted funds General fund 108,000 20,993 128,993 Restricted funds Restricted Fund 109,240 (36,869) 72,371 TOTAL FUNDS 15.876) 201. Page 17 continued...
Environmental & Management Solutions Llmlted Notes to the Financial Statements - continued for the year ended 31st March 2025 14. MOVEMENT IN FUNDS- contlnued Comparative net movement in funds, included in the above are as follows: Incoming resources ResourS expended Movement in funds Unrestricted funds General fund 139,836 (118,843) 20,993 RtrIcted funds Restrlcted Fund 60,015 (96,884) (36,869) TOTAL FUNDS 199 851 215 727) 15,876) Restrlcted funds are made up of grants received for specific projects, including Cooking on a Budget, The EMS community Garden The Allotment project and the Ready Meals Prdect, These amounts were fully spent down in the year. 15. RELATED PARTY DISCLOSURES There were no lated party transactions for the year ended 31 st Marth 2025 and 31 st Marth 2024. Page 18