Company registration number: 10598054 Charity registration number: 1171570
## Emmaus Staffordshire
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 30 June 2021
Daryl Denson Dudson Centre Hope Street Stoke-on-Trent ST1 5DD
## **Emmaus Staffordshire**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7 to 8|
|Balance Sheet|9 to 10|
|Notes to the Financial Statements|11 to 26|
## **Emmaus Staffordshire**
|**Reference and Administrative Details**|**Reference and Administrative Details**|
|---|---|
|**Trustees**|Dr C L Ashworth, Chair|
||Mr J B Farrar, Treasurer|
||Mr C W Harris|
||Mr G H Almond|
||Mr R L Speare|
||Mr T M Stephenson|
||Mr P J M McShane|
|**Senior Management / Leadership**|John Webbe, Executive Lead and General Manager|
|**Team**|Alan Cox, Warehouse Manager|
||Paul Moffat, Sales Supervisor|
|**Charity Registration Number**|1171570|
|**Company Registration Number**|10598054|
||The charity is incorporated in England and Wales.|
|**Registered Office**|Unit 9 Hanley Business Park|
||Cooper Street|
||Stoke-On-Trent|
||Staffs|
||ST1 4DW|
|**Independent Examiner**|Daryl Denson|
||Dudson Centre|
||Hope Street|
||Stoke-on-Trent|
||ST1 5DD|
|**Bankers**|Co-operative Bank|
Page 1
## **Emmaus Staffordshire**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 June 2021.
## **Objectives and activities**
## _**Objects and aims**_
The principal objective of the charity is the advancement of alleviation and relief of poverty, hardship and distress to those in need.
Emmaus exists to provide homeless people (known in Emmaus as "Companions") with work, accommodation and the chance to regain their self-respect and to pursue their lives in the community or in the outside world. Emmaus Staffordshire is currently working towards this objective.
The trustees are satisfied that in carrying out its activities Emmaus Staffordshire is providing a clear public benefit and is meeting its objectives.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## _**Public benefit**_
Despite the challenges brought about by the pandemic, Emmaus Staffordshire has continued our work to address furniture poverty and support local people to move towards a more sustainable future:
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
• Over the year we provided essential furniture to over 800 individuals and families who were referred to us through housing associations and the City Council’s housing department. This included meeting 60 requests for furniture during the three month lockdown in early 2021 despite having almost no furniture donations during that period.
• In July 2020 we successfully recruited to a new Volunteer Coordinator post. This has enabled us to increase the number of volunteers supporting the charity to 15-20 volunteers per week , and to provide those volunteers with greater support for their personal and professional development.
• We received a substantial donation of tools and equipment from Stanley in 2020 and, with the help of grant funding from the European Social Fund, we have set up a woodwork workshop to develop the skills and employability of local people.
• In May 2021 we successfully recruited to our first six month Kickstart placement which has enabled us to provide employment and training opportunities within the organisation.
Once again we have been required to close our shop for periods of time as a result of Covid lockdown rules. At the beginning of the 4 week lockdown in November 2020 we set up an eBay shop to enable us to continue to trade online. This has been a successful initiative and in the next financial year we plan to develop this further.
Furniture Mine celebrated its 30th birthday in January 2021, although lockdown prevented any significant celebrations from taking place.
## **Financial review**
The results for the year are shown in pages 7 to 25 of the accounts.
Page 2
## **Emmaus Staffordshire**
## **Trustees' Report (continued)**
## _**Policy on reserves**_
The reserves policy was reviewed during the year, and the board agreed a target of £75,000 in free reserves to achieve the aims of enabling financial stability, meeting the requirements of working capital, and providing a cushion against fluctuations in income. The board will review the level of free reserves annually in line with our activities and commitments.
At the period end the charity had free reserves of £162,219 (2020:£69,818).
## _**Principal funding sources**_
Whilst the majority of our income comes from sales of donated goods plus the "bulky waste" service income and furniture referrals income, we have had some external grants during the year. These were mainly associated with the COVID-19 lockdown survival and recovery:
£24,000 from Stoke on Trent City Council
£19,105 from HMRC Job retention scheme.
£10,000 from Lottery Awards for All for volunteer support.
£12,500 from Stafford Community Foundation
£ 2,000 from Severn Trent Community Fund
£ 1,500 from Staffordshire Chamber of Commerce.
£ 1,250 from St Jules Thorn Charitable Trust
£ 500 from Groundwork UK £ 400 from Neighbourly
## _**Investment policy and objectives**_
Under the Memorandum and Articles of Association, the charity has the power to invest in any way the trustees wish. The trustees having regard to liquidity requirements of the charity and to the reserves policy, have operated a policy of keeping available funds in an interest-bearing deposit account with the aim to achieve a rate of deposit interest which at least matches or exceeds inflation.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to miitigate exposure to the major risks.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
Our primary focus in the coming year is to achieve our aim of establishing an Emmaus community in North Staffordshire. Initially we plan to establish a small group of companions in a residential property. Our longer term aim remains to identify a suitable property to house both the income generating aspects of the charity and residential accommodation for a number of companions.
We are also planning to move the location of our current retail operation in the coming months, and are actively engaged in identifying an appropriate venue at the current time.
Alongside these two significant developments, we will continue to support local people to move out of poverty and towards a more sustainable future through the alleviation of furniture poverty, and by providing opportunities for people to develop their skills and enhance their employablility.
In order to support all this we will continue to develop the income generating work of the charity. A key element of this in the coming year will be to further build on the success of the eBay shop with the help of a loan from Emmaus UK to create a paid online retail post.
Page 3
## **Emmaus Staffordshire**
## **Trustees' Report (continued)**
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Dr C L Ashworth, Chair Mr J B Farrar, Treasurer Mr C W Harris Mr G H Almond Mr T Lucas (resigned 10 May 2021) Mr R L Speare Mr T M Stephenson Mr P J M McShane (appointed 10 December 2020) Senior Management / Leadership John Webbe Team: Alan Cox Paul Moffat
## **Structure, governance and management**
## _**Nature of governing document**_
Emmaus Staffordshire is a registered charity and a company limited by guarantee and is governed by its Memorandum and Articles of Association.
As a registered charity the company is non-profit making and its directors and trustees are volunteers.
The company was incorporated on 2 February 2017, without share capital and it is limited by guarantee, to a maximum £1 each, payable by its members. The Memorandum and Articles of Association prohibit distribution of any surpluses other than to Emmaus UK.
## _**Recruitment and appointment of trustees**_
The trustees are appointed by the members of the organisation at the Annual General meeting. Directors/trustees have the power under the governing documents to co-opt individuals who support the objects of the organisation to fill vacancies on the Board of Trustees.
## _**Induction and training of trustees**_
As part of their induction, new trustees are provided with information about the charity, the management structure, its history and working practices. In addition, they are also provided with copies of the Memorandum and Articles of Association plus information from the Charity Commission and Companies House regarding the duties and responsibilities of directors and trustees,
## _**Organisational structure**_
This is a local charity which is a member of Emmaus International, a worldwide organisation with over 350 communities, 29 of which are in the UK.
Day to day management responsibility rests with the management team, which reports to the Board of Trustees. The Board of Trustees meets on a regular basis.
Page 4
## **Emmaus Staffordshire**
## **Trustees' Report (continued)**
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: 21st Jan 2022
......................................... Dr C L Ashworth Trustee
Page 5
## **Emmaus Staffordshire**
## **Independent Examiner's Report to the trustees of Emmaus Staffordshire ("the Company")**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of Emmaus Staffordshire 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 your 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 Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACMA, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of Emmaus Staffordshire as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Daryl Denson ACMA Dudson Centre Hope Street Stoke-on-Trent ST1 5DD
01/02/2022 Date:.............................
Page 6
## **Emmaus Staffordshire**
## **Statement of Financial Activities for the Year Ended 30 June 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Investment income
5
Total income
**Expenditure on:**
Raising funds
6
Charitable activities
7
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
22|**Unrestricted**
**funds**
**£**
53,947
306,393
101
360,441
(152,878)
(116,394)
(269,272)
91,169
91,169
74,250
165,419|**Restricted**
**funds**
**£**
18,000
-
-
18,000
(95,198)
-
(95,198)
(77,198)
(77,198)
136,200
59,002|**Total**
**2021**
**£**
71,947
306,393
101|
|---|---|---|---|
||||378,441|
||||(248,076)
(116,394)|
||||(364,470)|
||||13,971|
||||13,971
210,450|
||||224,421|
The notes on pages 11 to 26 form an integral part of these financial statements. Page 7
## **Emmaus Staffordshire**
## **Statement of Financial Activities for the Year Ended 30 June 2021 (continued) (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Investment income
5
Total income
**Expenditure on:**
Raising funds
6
Charitable activities
7
Total expenditure
Net income
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
22|**Unrestricted**
**funds**
**£**
50,009
264,780
351
315,140
(180,676)
(110,615)
(291,291)
23,849
16
23,865
50,385
74,250|**Restricted**
**funds**
**£**
119,796
-
-
119,796
(37,017)
(1,166)
(38,183)
81,613
(16)
81,597
54,603
136,200|**Total**
**2020**
**£**
169,805
264,780
351|
|---|---|---|---|
||||434,936|
||||(217,693)
(111,781)|
||||(329,474)|
||||105,462
-|
||||105,462
104,988|
||||210,450|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 22.
The notes on pages 11 to 26 form an integral part of these financial statements. Page 8
## **Emmaus Staffordshire**
## **(Registration number: 10598054) Balance Sheet as at 30 June 2021**
|**Note**
**Fixed assets**
Tangible assets
14
Investments
15
**Current assets**
Stocks
16
Debtors
17
Cash at bank and in hand
18
**Creditors: Amounts falling due within one year**
19
**Net current assets**
**Total assets less current liabilities**
**Creditors: Amounts falling due after more than one year**
20
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
22
**Unrestricted income funds**
Unrestricted funds
**Total funds**
22|**2021**
**£**
17,343
2
17,345
7,146
41,344
232,240
280,730
(22,686)
258,044
275,389
(50,968)
224,421
59,002
165,419
224,421|**2020**
**£**
23,290
2|
|---|---|---|
|||23,292|
|||9,317
35,142
213,511|
|||257,970
(20,412)|
|||237,558|
|||260,850
(50,400)|
|||210,450|
|||136,200
74,250|
|||210,450|
For the financial year ending 30 June 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The notes on pages 11 to 26 form an integral part of these financial statements. Page 9
## **Emmaus Staffordshire**
## **(Registration number: 10598054) Balance Sheet as at 30 June 2021 (continued)**
The financial statements on pages 7 to 26 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by: 21st Jan 2022
......................................... Dr C L Ashworth Trustee
The notes on pages 11 to 26 form an integral part of these financial statements. Page 10
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021**
## **1 Charity status**
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: Unit 9 Hanley Business Park Cooper Street Stoke-On-Trent Staffs ST1 4DW
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Emmaus Staffordshire meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Page 11
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class** Computers Vehicles
**Depreciation method and rate** 20% straight line 25% reducing balance
Page 12
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **Fixed asset investments**
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
## **Stock**
Stock is stated at the lower of cost or ‘net realisable value’ (NRV) . Items held for distribution at no or normal consideration are measurerd the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Page 13
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **Borrowings**
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Page 14
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Grants from other charities
Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Grants from other charities|**Unrestricted**
**funds**
**General**
**£**
692
37,605
15,650
53,947
**Unrestricted**
**funds**
**General**
**£**
7,724
42,285
-
50,009|**Restricted**
**funds**
**£**
-
15,500
2,500
18,000
**Restricted**
**funds**
**£**
-
102,296
17,500
119,796|**Total**
**2021**
**£**
692
53,105
18,150|
|---|---|---|---|
||||71,947|
||||**Total**
**2020**
**£**
7,724
144,581
17,500|
||||169,805|
Page 15
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **4 Income from charitable activities**
|Other trading activities
Other trading activities
**5**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits
Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**funds**
**General**
**£**
306,393
**Unrestricted**
**funds**
**General**
**£**
264,780
**Unrestricted**
**funds**
**General**
**£**
101
101
**Unrestricted**
**funds**
**General**
**£**
351
351|**Total**
**2021**
**£**
306,393|
|---|---|---|
|||**Total**
**2020**
**£**
264,780|
|||**Total**
**2021**
**£**
101|
|||101|
|||**Total**
**2020**
**£**
351|
|||351|
Page 16
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **6 Expenditure on raising funds**
## **a) Costs of trading activities**
|**Note**
Fundraising trading costs;
Fundraising
Costs of goods sold
Legal fees
Marketing and publicity
Depreciation, amortisation and other similar
costs
Staff Costs
**Note**
Fundraising trading costs;
Fundraising
Costs of goods sold
Legal fees
Marketing and publicity
Depreciation, amortisation and other similar
costs
Staff Costs|**Unrestricted**
**funds**
**General**
**£**
37,618
61,805
7,319
9,475
-
36,661
152,878
**Unrestricted**
**funds**
**General**
**£**
51,928
47,655
10,233
9,699
(1,243)
62,404
180,676|**Restricted**
**funds**
**£**
40,136
10,668
-
-
4,715
39,679
95,198
**Restricted**
**funds**
**£**
14,997
6,002
-
-
6,287
9,731
37,017|**Total**
**2021**
**£**
77,754
72,473
7,319
9,475
4,715
76,340|
|---|---|---|---|
||||248,076|
||||**Total**
**2020**
**£**
66,925
53,657
10,233
9,699
5,044
72,135|
||||217,693|
Page 17
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **7 Expenditure on charitable activities**
|Staff costs
Depreciation
Bank Charges
Maintenance, repairs and renewals
Insurance
Rent and rates
Utilities and waste
Motor and travel expenses
Miscellaneous
Marketing and publicity
Accountancy, bookkeeping and payroll
Legal and professional
Telephone
Loan Interest
Business and office supplies
Computer running costs
Staff costs
Depreciation
Bank Charges
Maintenance, repairs and renewals
Insurance
Rent and rates
Utilities and waste
Motor and travel expenses
Miscellaneous
Marketing and publicity
Accountancy, bookkeeping and payroll
Legal and professional
Telephone
Loan Interest
Business and office supplies
Computer running costs|**Activity**
**undertaken**
**directly**
**£**
69,906
1,548
1,596
4,316
2,344
15,391
2,871
4,282
1,444
4,751
2,197
3,671
681
193
464
739
116,394
**Activity**
**undertaken**
**directly**
**£**
65,830
2,522
932
3,685
2,027
14,453
2,556
4,492
1,719
4,849
2,025
5,117
756
209
208
401
111,781|**2021**
**£**
69,906
1,548
1,596
4,316
2,344
15,391
2,871
4,282
1,444
4,751
2,197
3,671
681
193
464
739|
|---|---|---|
|||116,394|
|||**2020**
**£**
65,830
2,522
932
3,685
2,027
14,453
2,556
4,492
1,719
4,849
2,025
5,117
756
209
208
401|
|||111,781|
Page 18
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
£116,394 (2020 - £110,615) of the above expenditure was attributable to unrestricted funds and £Nil (2020 - £1,166) to restricted funds.
## **8 Government grants**
The charity received £19,105 ( 2020: £17,285) from HMRC in respect of the Job Retention Scheme. The charity received £10,000 (2020: £102,296) from the National Lottery.
The charity received £24,000 (2020:£ 25,000) from Stoke on Trent City Council.
The amount of grants recognised in the financial statements was £53,105 (2020 - £145,081). There were no unfulfilled conditions at the year end.
## **9 Net incoming/outgoing resources**
Net incoming resources for the year include:
Depreciation of fixed assets
|**2021**|**2020**|
|---|---|
|**£**|**£**|
|6,263|7,566|
## **10 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
## **11 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2021**
**£**
139,815
3,785
2,646
146,246|**2020**
**£**
127,095
8,268
2,602|
|---|---|---|
|||137,965|
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
## Employees
|**2021**|**2020**|
|---|---|
|**No**|**No**|
|6|7|
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £82,850 (2020 - £79,855).
Page 19
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **12 Independent examiner's remuneration**
|**12 Independent examiner's remuneration**|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|Examination of the financial statements|1,950|3,630|
## **13 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **14 Tangible fixed assets**
|**Cost**
At 1 July 2020
Additions
At 30 June 2021
**Depreciation**
At 1 July 2020
Charge for the year
At 30 June 2021
**Net book value**
At 30 June 2021
At 30 June 2020|**Motor**
**vehicles**
**£**
33,529
-
33,529
14,669
4,715
19,384
14,145
18,860|**Computer**
**equipment**
**£**
7,423
316
7,739
2,993
1,548
4,541
3,198
4,430|**Total**
**£**
40,952
316|
|---|---|---|---|
||||41,268|
||||17,662
6,263|
||||23,925|
||||17,343|
||||23,290|
Page 20
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **15 Fixed asset investments**
## **Other investments**
|**Cost or Valuation**
At 1 July 2020
At 30 June 2021
**Net book value**
At 30 June 2021
At 30 June 2020|**Unlisted**
**investments**
**£**
2
2
2
2|**Total**
**£**
2|
|---|---|---|
|||2|
|||2|
|||2|
The investment represents 100% of the ordinary share capital of Ecostore (Staffordshire) Ltd, a dormant company whose registered office address is Unit 9 Hanley Business Park, Cooper Street, Stoke on Trent, ST1 4DW. The company prepares its own individual accounts which are not consolidated into the accounts of Emmaus Staffordshire.
## **16 Stock**
|Finished goods
**17 Debtors**
Trade debtors
Prepayments
VAT recoverable
Other debtors|**2021**
**£**
7,146
**2021**
**£**
22,245
13,496
3,410
2,193
41,344|**2020**
**£**
9,317|
|---|---|---|
|||**2020**
**£**
11,220
16,988
2,566
4,368|
|||35,142|
## **18 Cash and cash equivalents**
|Cash on hand
Cash at bank|**2021**
**£**
1,739
230,501
232,240|**2020**
**£**
1,038
212,473|
|---|---|---|
|||213,511|
Page 21
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **19 Creditors: amounts falling due within one year**
|**19 Creditors: amounts falling due within one year**|||
|---|---|---|
|Trade creditors
Other loans
Other taxation and social security
Other creditors
Accruals|**2021**
**£**
11,614
6,300
1,445
1,377
1,950
22,686|**2020**
**£**
8,375
6,300
2,310
2
3,425|
|||20,412|
## **20 Creditors: amounts falling due after one year**
|**20 Creditors: amounts falling due after one year**|||
|---|---|---|
|Other loans
**21 Obligations under leases and hire purchase contracts**
The total value of future minimum lease payments was as follows:
Within one year
In two to five years|**2021**
**£**
50,968
**2021**
**£**
37,898
-
37,898|**2020**
**£**
50,400|
|||**2020**
**£**
43,312
108,282|
|||151,594|
Page 22
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
|**22 Funds**
**Unrestricted funds**
**_General_**
General
**Restricted funds**
David and Ruth Lewis Charitable
Trust
Property Fund
National Lottery Community
Fund
Staffordshire Community
Foundation
Stoke on Trent City Council
National Lottery Community
Fund
Stoke on Trent City Council
**Total restricted funds**
**Total funds**|**Balance at 1**
**July 2020**
**£**
74,250
32,627
32,205
71,368
-
-
-
-
136,200
210,450|**Incoming**
**resources**
**£**
360,441
-
-
-
2,500
3,000
10,000
2,500
18,000
378,441|**Resources**
**expended**
**£**
(269,272)
(4,715)
(4,947)
(71,368)
-
(1,668)
(10,000)
(2,500)
(95,198)
(364,470)|**Balance at 30**
**June 2021**
**£**
165,419
27,912
27,258
-
2,500
1,332
-
-|
|---|---|---|---|---|
|||||59,002|
|||||224,421|
Page 23
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
|**Unrestricted funds**
**_General_**
General
**Restricted**
Emmaus UK
David and Ruth Lewis
Charitable Trust
Property Fund
Big Lottery Fund Awards
For All
National Lottery Community
Fund
Staffordshire Community
Foundation
**Total restricted funds**
**Total funds**|**Balance at**
**1 July 2019**
**£**
50,385
3,404
38,914
5,037
7,248
-
-
54,603
104,988|**Incoming**
**resources**
**£**
315,140
-
-
27,168
-
88,128
4,500
119,796
434,936|**Resources**
**expended**
**£**
(291,291)
(3,404)
(6,287)
-
(7,248)
(16,760)
(4,484)
(38,183)
(329,474)|**Transfers**
**£**
16
-
-
-
-
-
(16)
(16)
-|**Balance at**
**30 June**
**2020**
**£**
74,250
-
32,627
32,205
-
71,368
-|
|---|---|---|---|---|---|
||||||136,200|
||||||210,450|
Page 24
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
The specific purposes for which the funds are to be applied are as follows:
The donation received from Emmaus UK was towards the wage costs of a van driver.
The David and Ruth Lewis Charitable Trust funding is a grant issued towards the purchase of three vans. The vehicles in question are depreciated annually and the fund balance is reduced by an amount equivalent to the year's charge.
The Big Lottery Fund Awards for All moneywas a donation to match against the apprentice's salary and to contribute towards volunteer costs.
The Property Fund is set up to raise money towards the purchase of a property suitable for a new Emmaus Community. It includes donations from Emmaus organisations in St Albans, Preston and Mossley, along with funding from The National Lottery Community Fund.
The Staffordshire Community Foundation money was a grant towards the cost of mattresses and fuel costs.
The National Lottery Community Fund money is to be used to deliver activities specifically aimed to support communities through the COVID-19 crisis and will be spent over a 12 month period.
Staffordshire Community Foundation gave us a grant for £2,500 for volunteer support.
Stoke on Trent City Council gave us a grant for £3,000 to provide emergency cases with new white goods.
The National Lottery Community Fund gave us a grant of £10,000 towards our volunteer costs.
Stoke on Trent City Council gave us a grant of £2,500 for new appliances.
Page 25
## **Emmaus Staffordshire**
## **Notes to the Financial Statements for the Year Ended 30 June 2021 (continued)**
## **23 Analysis of net assets between funds**
|Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Creditors over 1 year
Total net assets|**Unrestricted**
**funds**
**General**
**£**
3,198
2
235,873
(22,686)
(50,968)
165,419
**Unrestricted**
**funds**
**General**
**£**
4,430
2
140,630
(20,412)
(50,400)
74,250|**Restricted**
**funds**
**£**
14,145
-
44,857
-
-
59,002
**Restricted**
**funds**
**£**
18,860
-
117,340
-
-
136,200|**Total funds at**
**30 June**
**2021**
**£**
17,343
2
280,730
(22,686)
(50,968)|
|---|---|---|---|
||||224,421|
||||**Total funds at**
**30 June**
**2020**
**£**
23,290
2
257,970
(20,412)
(50,400)|
||||210,450|
## **24 Related party transactions**
There were no related party transactions in the year.
Page 26