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← Emmaus Staffordshire

2024-06-30-accounts

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 2024

Daryl Denson ACMA 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
Statement of Cash Flows 11
Notes to the Financial Statements 12 to 28

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
Natisha Cooke, Retail Manager
Charity Registration Number 1171570
Company Registration Number 10598054
The charity is incorporated in England and Wales.
Registered Office New Hall Street
Stoke on Trent
ST1 5HQ
Independent Examiner Daryl Denson ACMA
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 2024.

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 through offering training and employment opportunities for which it has obtained additional funding this year.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Public benefit

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 have continued to build on our work to address furniture poverty in the local area. In late 2023 we began a partnership with Zarach to provide beds for children whose families cannot afford them. During this financial year we have provided bed bundles for 209 children in the North Staffordshire area who were referred to us through their school or social worker. We have also provided other essential furniture and appliances to a further 498 individuals or families referred to us through local partners.

We continued to provide employment and training opportunities within the organisation through our Warehouse operative and retail apprentice roles and our woodwork tutor provided hands on training in basic woodworking skills for local people until the funding for this project ceased at the end of 2023. We also provided placements to physiotherapy, pharmacy and medical students from Keele University.

However, we have also faced some significant financial challenges during this financial year which have required us to implement a financial recovery plan.

Financial review

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 total funds of £138,653 (2023:£176,396) Restricted funds were £27,764 (2023:£29,414) Free reserves of £110,889 (2023:£145,678)

Page 2

Emmaus Staffordshire

Trustees' Report (continued)

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 supporting local families:

£61,217 (2023:£44,467) from Stoke on Trent City Council

£20,000 (2023:£10,000) from The National Lottery

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

In the early months of the next financial year we are planning to combine our retail activity into a single venue as part of our financial recovery plan. This is a vital step to provide a sound financial footing from which to continue our work to support local people.

We will continue to address furniture poverty by providing essential furniture and appliances to local people through our links with the local council and housing associations. We particularly want to increase the number of beds provided to local children through our “beds for kids” project and in partnership with Zarach. We are delighted that our “beds for kids” project has been chosen as one of two Lord Mayor of Stoke-on Trent charities for 2023-2024 which will help us to provide beds for more local children.

We are also developing new partnerships with local organisations working to address poverty in different forms, for example a local school uniform bank and baby bank, to further benefit local people.

Use of volunteers

As a charity, we are very reliant on volunteers to help our enterprise operation each day. We have a regular pool of around 40 volunteers from a whole variety of backgrounds and needs who support every part of our charity. In return, we not only cover bus travel, provide free lunches, and deliver an extensive range of free training for all volunteers, we encourage all volunteers to support each other, to create an inclusive working environment for each volunteer to get the most out of their time with us.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Page 3

Emmaus Staffordshire

Trustees' Report (continued)

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 Mr A J Gilbertson (resigned 26 January 2024) Mr P M Francis (resigned 11 September 2023)

Senior Management / Leadership John Webbe, Executive Lead and General Manager Team: Alan Cox, Warehouse Manager Natisha Cooke, Retail Manager (appointed 4 September 2023)

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,

Arrangements for setting key management personnel remuneration

All salaries are reviewed by the Board of Trustees on an annual basis in April.

Page 4

Emmaus Staffordshire

Trustees' Report (continued)

Organisational structure

This is a local charity which is a member of Emmaus International, a worldwide organisation with over 425 communities, 30 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.

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:25/03/25

~~................................~~ Claire L Ashworth (Mar 25, 2025 17:02 GMT) .........

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 2024.

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 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 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

27/03/25 Date:.............................

Page 6

Emmaus Staffordshire

Statement of Financial Activities for the Year Ended 30 June 2024 (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 expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
22		 Unrestricted
funds
£
23,394
402,557
1,282
427,233
(278,583)
(184,743)
(463,326)
(36,093)
(36,093)
146,982
110,889		 Restricted
funds
£
81,217
-
-
81,217
(82,867)
-
(82,867)
(1,650)
(1,650)
29,414
27,764		 Total
2024
£
104,611
402,557
1,282
508,450
(361,450)
(184,743)
(546,193)
(37,743)
(37,743)
176,396
138,653

The notes on pages 12 to 28 form an integral part of these financial statements. Page 7

Emmaus Staffordshire

Statement of Financial Activities for the Year Ended 30 June 2024 (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/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
22		 Unrestricted
funds
£
61,001
395,695
518
457,214
(236,998)
(174,150)
(411,148)
46,066
46,066
100,916
146,982		 Restricted
funds
£
82,782
-
-
82,782
(114,310)
-
(114,310)
(31,528)
(31,528)
60,942
29,414		 Total
2023
£
143,783
395,695
518
539,996
(351,308)
(174,150)
(525,458)
14,538
14,538
161,858
176,396

All of the charity's activities derive from continuing operations during the above two periods.

The notes on pages 12 to 28 form an integral part of these financial statements. Page 8

Emmaus Staffordshire

(Registration number: 10598054) Balance Sheet as at 30 June 2024

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		 2024
£
7,184
2
7,186
15,241
55,561
148,615
219,417
(55,533)
163,884
171,070
(32,417)
138,653
27,764
110,889
138,653		 2023
£
9,257
2
9,259
19,139
73,837
175,172
268,148
(62,294)
205,854
215,113
(38,717)
176,396
29,414
146,982
176,396

For the financial year ending 30 June 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The notes on pages 12 to 28 form an integral part of these financial statements. Page 9

Emmaus Staffordshire

(Registration number: 10598054) Balance Sheet as at 30 June 2024 (continued)

The financial statements on pages 7 to 28 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:25/03/25

~~.............................~~ Claire L Ashworth (Mar 25, 2025 17:02 GMT) ............ Dr C L Ashworth Trustee

The notes on pages 12 to 28 form an integral part of these financial statements. Page 10

Emmaus Staffordshire

Statement of Cash Flows for the Year Ended 30 June 2024

Note
Cash flows from operating activities
Net cash (expenditure)/income
Adjustments to cash flows from non-cash items
Depreciation
6
Investment income
5
Working capital adjustments
Decrease/(increase) in stocks
16
Decrease/(increase) in debtors
17
Increase/(decrease) in creditors
19
(Decrease)/increase in deferred income
20
Net cash flows from operating activities
Cash flows from investing activities
Interest receivable and similar income
5
Purchase of tangible fixed assets
14
Net cash flows from investing activities
Cash flows from financing activities
Repayment of loans and borrowings
19
Net (decrease)/increase in cash and cash equivalents
Cash and cash equivalents at 1 July
Cash and cash equivalents at 30 June		 2024
£
(37,743)
2,796
(1,282)
(36,229)
3,898
18,276
6,244
(13,005)
(20,816)
1,282
(723)
559
(6,300)
(26,557)
175,172
148,615		 2023
£
14,538
3,574
(518)
17,594
(8,441)
(2,726)
(1,827)
27,313
31,913
518
(510)
8
(12,819)
19,102
156,070
175,172

All of the cash flows are derived from continuing operations during the above two periods.

The notes on pages 12 to 28 form an integral part of these financial statements. Page 11

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024

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: New Hall Street Stoke on Trent ST1 5HQ

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 12

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

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 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.

Page 13

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

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

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.

Page 14

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

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.

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.

Page 15

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

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.

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Grants from other charities		 Unrestricted
funds
General
£
19,119
4,275
23,394
Unrestricted
funds
General
£
24,354
-
36,647
61,001		 Restricted
funds
£
-
81,217
81,217
Restricted
funds
£
-
47,467
35,315
82,782		 Total
2024
£
19,119
85,492
104,611
Total
2023
£
24,354
47,467
71,962
143,783

Page 16

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (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
£
402,557
Unrestricted
funds
General
£
396,257
Unrestricted
funds
General
£
1,282
1,282
Unrestricted
funds
General
£
518
518		 Total
2024
£
402,557
Total
2023
£
396,257
Total
2024
£
1,282
1,282
Total
2023
£
518
518

Page 17

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (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
£
105,001
63,109
8,637
7,038
337
94,461
278,583
Unrestricted
funds
General
£
108,678
68,841
4,663
8,656
-
46,160
236,998		 Restricted
funds
£
-
43,005
-
-
1,652
38,210
82,867
Restricted
funds
£
-
39,500
4,663
-
2,652
67,495
114,310		 Total
2024
£
105,001
106,114
8,637
7,038
1,989
132,671
361,450
Total
2023
£
108,678
108,341
9,326
8,656
2,652
113,655
351,308

Page 18

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (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
Business and office supplies
Computer running costs		 Activity
undertaken
directly
£
121,489
807
1,307
3,614
2,178
21,242
13,270
4,781
3,623
3,530
2,826
4,331
825
797
123
184,743		 2024
£
121,489
807
1,307
3,614
2,178
21,242
13,270
4,781
3,623
3,530
2,826
4,331
825
797
123
184,743

Page 19

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

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
£
107,455
922
1,450
14,813
2,086
16,805
7,410
5,820
3,673
4,341
2,984
4,677
898
193
393
230
174,150		 2023
£
107,455
922
1,450
14,813
2,086
16,805
7,410
5,820
3,673
4,341
2,984
4,677
898
193
393
230
174,150

8 Government grants

The charity received £20,000 (2023: £10,000l) from the National Lottery. The charity received £65,492(2023:£ 37,467) from Stoke on Trent City Council.

The amount of grants recognised in the financial statements was £85,492 (2023 - £47,467). There were no unfulfilled conditions at the year end.

9 Net incoming/outgoing resources

Net (outgoing)/incoming resources for the year include:

Depreciation of fixed assets 2024
£
2,796		 2023
£
3,574

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:

Page 20

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2024
£
240,502
9,868
3,790
254,160		 2023
£
207,750
10,145
3,316
221,211

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

2024 2023
No No
12 11

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 £89,243 (2023 - £65,857).

12 Independent examiner's remuneration

Examination of the financial statements

2024 2023
£ £
2,148 2,148

Page 21

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

13 Taxation

The charity is a registered charity and is therefore exempt from taxation.

14 Tangible fixed assets

14 Tangible fixed assets
Cost
At 1 July 2023
Additions
At 30 June 2024
Depreciation
At 1 July 2023
Charge for the year
At 30 June 2024
Net book value
At 30 June 2024
At 30 June 2023		 Motor
vehicles
£
33,529
-
33,529
25,573
1,989
27,562
5,967
7,956		 Computer
equipment
£
8,249
723
8,972
6,948
807
7,755
1,217
1,301		 Total
£
41,778
723
42,501
32,521
2,796
35,317
7,184
9,257

Page 22

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

15 Fixed asset investments

Other investments

Cost or Valuation
At 1 July 2023
At 30 June 2024
Net book value
At 30 June 2024
At 30 June 2023		 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 Senate House, Josiah Wedgwood Street, Stoke on Trent, ST1 5NS. 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		 2024
£
15,241
2024
£
24,244
24,831
3,787
2,699
55,561		 2023
£
19,139
2023
£
46,967
23,651
3,219
-
73,837

18 Cash and cash equivalents

Cash on hand
Cash at bank		 2024
£
2,542
146,073
148,615		 2023
£
2,803
172,369
175,172

Page 23

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

19 Creditors: amounts falling due within one year

Trade creditors
Other loans
Other taxation and social security
Other creditors
Pension scheme creditor
Accruals
Deferred income
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		 2024
£
30,549
6,300
2,268
-
(43)
2,151
14,308
55,533
2024
£
32,417
2024
£
32,500		 2023
£
22,349
6,300
2,196
1,379
606
2,151
27,313
62,294
2023
£
38,717
2023
£
65,000

Page 24

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

22 Funds
Unrestricted funds
General
General
Restricted funds
David and Ruth Lewis Charitable
Trust
Property Fund
Emmaus UK
Stoke on Trent CC
Stoke on Trent CC
National Lottery
Stoke on Trent CC
Total restricted funds
Total funds		 Balance at 1
July 2023
£
146,982
1,652
27,305
457
-
-
-
-
29,414
176,396		 Incoming
resources
£
427,233
-
-
-
18,210
27,315
20,000
15,692
81,217
508,450		 Resources
expended
£
(463,326)
(1,652)
-
-
(18,210)
(27,313)
(20,000)
(15,692)
(82,867)
(546,193)		 Balance at 30
June 2024
£
110,889
-
27,305
457
-
2
-
-
27,764
138,653

Page 25

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

Unrestricted funds
General
General
Restricted
David and Ruth Lewis Charitable
Trust
Property Fund
Stoke on Trent City Council
National Lottery Community
Fund
Stoke on Trent City Council
Chambers of Commerce
Staffs Community Foundation
SOT CC Community Grant
Emmaus UK
SOT CC
Keele University
Total restricted funds
Total funds		 Balance at 1
July 2022
£
100,916
24,376
27,305
-
-
-
8,804
-
-
457
-
-
60,942
161,858		 Incoming
resources
£
457,214
-
-
7,687
10,000
24,280
-
11,275
4,500
21,940
1,000
2,100
82,782
539,996		 Resources
expended
£
(411,148)
(22,724)
-
(7,687)
(10,000)
(24,280)
(8,804)
(11,275)
(4,500)
(21,940)
(1,000)
(2,100)
(114,310)
(525,458)		 Balance at 30
June 2023
£
146,982
1,652
27,305
-
-
-
-
-
-
457
-
-
29,414
176,396

Page 26

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (continued)

The specific purposes for which the funds are to be applied are as follows:

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 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.

Stoke on Trent City Council gave us a grant for £4,500 to provide emergency cases with new white goods in 2022/23

Staffs Community Foundation £6,125 ESF funding to cover the salary of woodwork studio lead (2022) and a further £11,275 in 2022/23.

Emmaus UK £14.629.92 funding to cover the salary & associated costs of a new role of eBay online sales lead and a further £21,940 in 2022/23 to create a new retail manager position in the team

Stoke on Trent City Council gave £1,000 for traineeships 2022/23.

Keele University gave £2,100 for 4 medical student placements 2022/2023

Stoke on Trent City Council £27,313 grants towards white goods and packages, previous year £7,687.

The National Lottery Community Fund gave us a grant of £20,000 towards our volunteer costs, previous year £10,000.

Stoke on Trent City Council gave £18,210 for a changing futures grant, previous year £24,280

Stoke on Trent City Council gave £1,000 for traineeships 2022/23.

Keele University gave £2,100 for 4 medical student placements.

Stoke on Trent City council gave £15,692 for a support package,

Page 27

Emmaus Staffordshire

Notes to the Financial Statements for the Year Ended 30 June 2024 (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
£
7,184
2
188,954
(52,834)
(32,417)
110,889
Unrestricted
funds
General
£
1,302
2
246,689
(62,294)
(38,717)
146,982		 Restricted
funds
£
-
-
27,764
-
-
27,764
Restricted
funds
£
7,955
-
21,459
-
-
29,414		 Total funds at
30 June
2024
£
7,184
2
216,718
(52,834)
(32,417)
138,653
Total funds at
30 June
2023
£
9,257
2
268,148
(62,294)
(38,717)
176,396

24 Related party transactions

There were no related party transactions in the year.

Page 28

2025-03-27

Final Audit Report

Emmaus Accounts 2024

Created: 2025-03-25 By: VAST Accounts (accounts@vast.org.uk) Status: Signed Transaction ID: CBJCHBCAABAAxwbr_pEO229XUlq3iW7H5_olfQNghTil

"Emmaus Accounts 2024" History

Document created by VAST Accounts (accounts@vast.org.uk)

2025-03-25 - 8:32:32 AM GMT- IP address: 195.62.193.126

Document emailed to clairelsherlock23@gmail.com for signature

2025-03-25 - 8:32:37 AM GMT

Document emailed to Daryl Denson (daryl.denson@vast.org.uk) for signature

2025-03-25 - 8:32:37 AM GMT

2025-03-25 - 9:23:49 AM GMT- IP address: 31.94.6.117

Email viewed by clairelsherlock23@gmail.com

2025-03-25 - 4:58:31 PM GMT- IP address: 66.249.93.34

Signer clairelsherlock23@gmail.com entered name at signing as Claire L Ashworth 2025-03-25 - 5:02:21 PM GMT- IP address: 92.40.183.58

Document e-signed by Claire L Ashworth (clairelsherlock23@gmail.com)

Signature Date: 2025-03-25 - 5:02:23 PM GMT - Time Source: server- IP address: 92.40.183.58

Document e-signed by Daryl Denson (daryl.denson@vast.org.uk)

Signature Date: 2025-03-27 - 10:36:45 AM GMT - Time Source: server- IP address: 82.31.1.14

Agreement completed.

2025-03-27 - 10:36:45 AM GMT