Charity registration number 1194864 EMERGE HUB CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 ## EMERGE HUB CIO ## LEGAL AND ADMINISTRATIVE INFORMATION |Trustees|K
Taylor|||| |---|---|---|---|---| ||Reverend
K
S|
Jones||| ||B
H
Miles|||| ||Sister
B
H
McGowan-Rooney|||| ||C
Jackson|||| |Charity
number|1194864|||| |Principal
address|2a
Albion
Street|||| ||Grimsby|||| ||DN32
7DY|||| |Independent
examiner|Fawley
Judge||
&|
Easton| ||Chartered
Certified
Accountants|||| ||1
Parliament|Street||| ||Hull|||| ||East
Yorkshire|||| ||HUI
2AS|||| ## EMERGE HUB CIO ## CONTENTS |||||Page| |---|---|---|---|---| |Trustees'
report||||1-5| |Independent
examiner's|||
report|6| |||||7| |Statement
of
financial||
activities||| |Balance
sheet||||8| |Notes
to
the
financial||
statements||9-15| ## EMERGE HUB CIO ## TRUSTEES' REPORT ## FOR THE YEAR ENDED 31 JANUARY 2025 The trustees present their annual report and financial statements for the year ended 31 January 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Charities Act 2011 and "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 I January 2019). ## Objectives and activities The charity's objects are the relief of women who are, may become or have engaged in prostitution and who are in need by reason of age, ill health, disability, financial hardship or other disadvantage or social circumstances, in particular but not exclusively by providing counselling and support, pastoral and practical care and educating the public in the issues surrounding prostitution. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Our work has been consistently underpinned by a triplicate model of: - Practical support - Therapeutic intervention - Building community Our activities all incorporated this triplicate model. including: ## Outreach: TO support women through night outreach on the streets and contacts through parlours. We have worked collaboratively with the local Sexual health team, Women's Aid. YMCA, Substance misuse teams and the Police. We aim to provide a safe presence, condoms, personal alarms, and goody bags with information about The Hub and other relevant services. ## Hub: To welcome women and their family members regularly into the Hub from the connections made during Outreach. It has been open four afternoons per week with an external sign giving contact details for emergencies. ## Hub facilities: - Therapy room. Two therapists worked With the women individually and as groups. Office. For administration work and to keep documentation private. - Lounge area. A selection of games, puzzles and reading material available (all with therapeutic value and content) - Craft/Dinning area. A selection of different activities available to the women, all with therapeutic value. An area for group meals. - Kitchen. A fully functional kitchen available to the women to learn cooking skills and to make group meals. - Shower room. A fully functioning shower facility for women to access when they are homeless. - Washing room. A fully functioning washroom with machine and drying facilities. - Storeroom. Shelf lined room for storage of outreach products, toiletries, clothing, donated items. household items and small items of furniture. - Dressing room. Rails with donated clothing for a change of clothes and shoes. - Yard. An outside garden yard area with benches and plants for therapeutic purposes and smoking area. ## EMERGE HUB CIO ## TRUSTEES' REPORT (CONTINUED) ## FOR THE YEAR ENDED 31 JANUARY 2025 ## Phone/Media support: Each team member supports the women during out of hours opening times of the Hub. A private Facebook page (monitored) includes the women and the volunteers/staff to enable increased access to our services, to supply relevant information about events and health and safety issues and to encourage the building of a support network. ## Outside support: To accompany and provide intensive support for women to include transport to doctor's appointments, job centre appointments, court appearances, sexual health clinics, hospital appointments, prescription collections, job interviews, food banks, walking therapy. To work with organisations to support the rehousing of women. To provide a start-up grant to supply furniture and white goods. To support with budgeting, cleaning, and managing a home. To source and provide other training to include self-defence, box fit, and hiking. To support women at job interviews, medical appointments, court appearances, food banks, re-housing, and emergency housing. One day per week we have the use of an allotment which we will use to assist women to team how to grow their own food from seed to table whilst building healthy relationships and memories which are not drug or sex-work related. ## Collaborative working: Local police (regular meetings to discuss safety and information sharing) Local GP with a team of substance misuse prescribers ## Women's Aid — two-way referrals Substance support agencies - two-way referrals and information sharing. We work collaboratively by providing outreach support (appointments), counselling and as a training facility for their staff. Stirling sexual health - Hub Sexual health checks — two-way referrals. The local sexual health clinic visit the hub monthly to perform sexual health tests for the women as well as supplying condoms for outreach. Local Authority housing and homelessness team - 2 way referrals Job Centre - referrals and introduction sessions within their offices Probation - connection to beneficiaries within the day centre as well as providing RAR for beneficiaries on probation YMCA — Housing — two-way referrals Salvation Army — Housing — two-way referrals North Bank Forum: have provided impact and evaluation training and support with the business plan and the conversion to charity status in June 2021 Garden project — We have an allotment at a local farm to grow vegetables and work with the beneficiaries using horticulture therapy scheme Local knowledge - umbrella has organisations been researched for organisations against National working sex with work street data sex held workersby Beyond the Streets and Ugly mugs Local fitness centre - movement and music for therapeutic purposes Equine Centre - monthly therapeutic hacks Chiropodist - monthly visits to the day centre to provide much needed care Local churches - Allow us to use a bungalow for the day centre as well as supporting us with fundraising goods (toiletries etc.) Comeback — Local organisation that supports recovering addicts. Wizer — Local organisation supporting ex-offenders and 92Qg culture ## EMERGE HUB CIO ## TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2025 ## Benefits for the individual: The development change their improves therapeutic lives with their and with street rethink basis increased sex of their the workers. self-esteem, options model The in used mainstream therapeutic self-worth, by Emerge society. self-confidence, approach Hub is They believed has regularly all helped leading to be take the the to turns an women foundation increased to volunteer in of their ability ongoing own with to transformus personalpotentialwhich defence, currently box doing fit, opportunities a basic counselling english through level and maths 2 learning training skills, a course. range financial of Several skills. management, Several others are are home in training permanent management, in different employment gardening areas, and including and others growingself-are ## Impact on the community: - • Reduction self-sabotaging. Reduction in in Shame local Increased based and Stigma offendingself-worth leading of community to increase member in self-worth increases and ability community to pursue self-worth opportunities in general.without - Rehabilitation of offenders - Safer streets for the community and greater safety for street sex workers - targeted Building outreachrelationships with those in 'hidden prostitution' - brothels, online active sex workers through Supporting e.g., substance women addiction- out of reducing coercively substance controlling misuse.relationships that promote criminality they are engaged in - Support `homelessness.` into secure more stable accommodation for homeless womenreducing street visible - Greater family cohesion and rebuilding of family connections to reduce isolation, for sex-workers and their families. - Delivering choice of other career paths and training to increase employment Opportunities for volunteering for social good - networking Employment and and fulfilling volunteering needs of opportunities wider community-based for former street service sex provision.workers- with other local agencies. Thus, - Capacity building in the local community - a higher number of actively volunteering citizens trained in basic counselling and trauma recovery techniques. ## How stakeholders have been consulted Our main stakeholders are the women who engage with the therapeutic program and regularly visit the Hub - Steering group. Made up of therapist, project manager, director, and stakeholders. - Meetings. We have regular team meetings where the stakeholder's input is discussed - Volunteers regularly have conversations with stakeholders about impact and improving the service The stakeholders are encouraged to fill in impact forms and offer any improvement suggestions ## Contribution made by volunteers Our Including, volunteers social are worker, from vicar, a wide those section with Of lived the experience, community bringing academics, different probation skills worker, and talents financial and personality types. knowledge etc. It is with thanks that our volunteers give so much of their time, both when they are in the day centre and when responding to phone calls. weekend Our volunteers per year and together staff are on important a team building to us, retreat.we ensure they have regular monthly supervision and spend one -3- ## EMERGE HUB CIO ## TRUSTEES' REPORT (CONTINUED) ## FOR THE YEAR ENDED 31 JANUARY 2025 ## Achievements and performance Outreach: We have supported 46 different women through night outreach on the streets and contacts through parlours. We have worked collaboratively with the local sexual health team, Womens Aid, YMCA, Salvation Army, substance misuse teams and the police. We have provided a safe presence, condoms, personal alarms, and goody bags with information about The Hub and other relevant services. We have welcomed 60 women and their family members regularly into the hub from the connections made during Outreach. We have been open 4 afternoons per week with an external sign giving contact details for emergencies. 44 of the women have engaged with individual counselling sessions and 30 of them engaged in family therapy. We provided in house training for personal development, counselling level 2, mindfulness, parenting skills, home management, budgeting, cooking and other life skills for 20 women. ## Hub: We have welcomed 44 women and their family members regularly into the Hub from the connections made during Outreach. It has been open four afternoons per week with an external sign giving contact details for emergencies. 30 of the women have engaged with individual counselling sessions and 20 of them engaged in family therapy. We provided in house training for personal development, counselling level 2, mindfulness, parenting skills, home management, budgeting, cooking, and other life skills for 30 women. ## Outside support: We accompanied and provided intensive support for 27 women to include transport to doctor's appointments, job centre appointments, court appearances, sexual health clinics, hospital appointments, prescription collections, job interviews, food banks, walking therapy. We worked with organisations to support rehousing of 18 women. We provided a start-up grant to supply furniture and white goods. We visited regularly to support with budgeting, cleaning and managing a home. We have sourced and provided other training and days out to include food hygiene, box fit and hiking for 13 women. We have collaboratively supported 52 women at job interviews, medical appointments, court appearances, food banks, re-housing and emergency housing. One day per week we have the use of an allotment which we have taken 6 women to and who have learned to grow their own food from seed to table whilst building healthy relationships and memories which are not drug or sex-work related. ## Financial review The financial statements are set out elsewhere in this report. During the year under review the Company has a deficit of expenditure over income of 215,307 leaving the company with net surplus of Ell ,894. It is the policy of the charity that unrestncted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. ## Structure, governance and management The charity is a charitable incorporated organisation. -4- ## EMERGE HUB CIO ## TRUSTEES' REPORT (CONTINUED) ## FOR THE YEAR ENDED 31 JANUARY 2025 The trustees who served during the year and up to the date of signature of the financial statements were. K Taylor Reverend K S Jones B H Miles Sister B H McGowan-Rooney C Jackson Trustee selection method: Recommendation by project manager and approved by the CIO Board Trustees — through vote None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute El in the event of a winding up. Chair of trustees: Accountable to charity board Trustees: Accountable to chair of trustees Project manager/Lead therapist: Accountable to trustees Support therapist: Accountable to Project manager Outreach support/Finance admin/Support admin: Accountable to Project manager Volunteers: Accountable to Project manager/Support therapist The trustees' report was approved by the Board of Trustees. Reverend K S Jones Trustee 5 March 2025 -5- ## EMERGE HUB CIO ## INDEPENDENT EXAMINER'S REPORT ## TO THE TRUSTEES OF EMERGE HUB CIO I report to the trustees on my examination of the financial statements of Emerge HUB CIO (the charity) for the year ended 31 January 2025. ## Responsibilities and basis of report As the trustees Of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## Independent examiner's statement Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after I January 2015. 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 that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act, or 2 the financial statements do not accord with those records; or 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. I have no concerns and have come across no other matters in connection with the examination to which attention should drawn in this report in order to enable a proper understanding of the financial statements to be reached. nathan Leathley, FC Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull East Yorkshire HUI 2AS Dated: 5 March 2025 -6- ## EMERGE HUB CIO ## STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT ## FOR THE YEAR ENDED 31 JANUARY 2025 ||||||Unrestricted|Restricted|Restricted|Total|Total|Unrestricted|Restricted|Restricted||Total| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||funds|funds||||funds|funds|||| ||||||2025|2025||2025||2024|2024|||2024| |||||Notes||||||||||| |Income
from:||||||||||||||| |Donations
and
legacies||||3|3,843|148,676|152,519|||10,000|151,170||161,170|| |Total
income|||||3,843|148,676||152,519||10,000|151,170||161,170|| |Expenditure
on:||||||||||||||| |Charitable
activities||||4|19,150|148,676||167,826|||133,281||133,281|| |Total
expenditure|||||19,150|148,676||167,826|||133,281|||133,281| |Net
income/(expenditure)|||||(15,307)|||(15,307)||10,000|17,889|||27,889| |Transfers
between||||||||||||||| |funds||||||||||17,201|(17,201)|||| |Net
movement
in
funds||||6|(15,307)|||(15,307)||27,201||688||27,889| |Reconciliation
of|
funds:|||||||||||||| |Fund
balances
at
1
2024||February|||27.201|||27
,201|||(688)|||(688)| |Fund
balances
at|
31||
January|||||||||||| |2025|||||11,894|||11,894||27,201||||27,201| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. ## EMERGE HUB CIO ## BALANCE SHEET ## AS AT 31 JANUARY 2025 |||||||||||||||||||||2025||2024|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Fixed
assets||||||||||||Notes||||||||||| ||Tangible
assets|||||||||||||10|||||||8||38| ||Current
assets||||||||||||||||||||||| ||Debtors
Cash
at
bank
and|
in|
hand|||||||||||11|||4,844
60,943|||||12,844
67,519|| |Creditors:
amounts
one
year||||
falling||||
due|||
within|||12|||65,787
(53,901)|||||80,363
(53,200)|| |Net
current
assets|||||||||||||||||||||11,886||27,163| |Total
assets
less||current|||||
liabilities||||||||||||||11,894||27,201| |Net
assets
excluding|||||
pension|||||liability|||||||||||11,894||27,201| |The
funds
of
the
charity|||||||||||||||||||||||| |Unrestricted
funds|||||||||||||||||||||11,894||27,201| ||||||||||||||||||||||111894||27,201| |The
financial
statements||||||were|||approved|||by|the|
trustees|
on|
5|March
2025||||||| |K|
Taylor|||||||||||||Reverend
K||||
S
Jones|||||| |Trustee||||||||||||||Trustee|||||||||| -8- ## EMERGE HUB CIO ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 JANUARY 2025 - 1 Accounting policies - 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest E. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value). The principal accounting policies adopted are set out below. ## 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and Uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. the Legacies amount are is recognised known, and on receipt receipt or is otherwise expected. if If the the charity amount has is been not notified known, of the an legacy impending is treated distribution,as a contingent asset. -9- ## EMERGE HUB CIO ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2025 I Accounting policies (Continued) ## 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. ## 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases. Fixtures and fittings 25% on a straight line basis The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## 1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## Basic financial assets transaction interest measured classified Basic financial method as at price receivable the assets. including present unless within which value the transaction one arrangement of include the year costs future are debtors not and constitutes receipts amortised.are and subsequently discounted cash a financing and at bank carried a market transaction, balances, at amortised rate of where are interest. cost initially the using Financial transaction measured the effectiveassetsatis -10- ## EMERGE HUB CIO ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2025 Accounting policies (Continued) ## Basic financial liabilities value within the Basic arrangement of financial one the year future liabilities, are constitutes payments not amoråised.including a discounted financing creditors at transaction, a and market bank rate where loans of are interest. the initially debt Financial instrument recognised liabilities is at measured transaction classified at price the as payablepresentunless Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. year transaction Trade operations or creditors less. from price If are not, suppliers. and obligations they subsequently are Amounts presented to pay measured payable for as goods non-current are at or amortised classified services liabilities. cost as that current using have Trade the been liabilities effective creditors acquired if interest payment are in the recognised method.ordinary is due within initially course oneatof Derecognition of financial liabilities cancelled.Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or ## 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## 2 Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and Other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## 3 Income from donations and legacies ||||Unrestricted
funds
2025|Restricted
funds
2025|Total
2025|Unrestricted
funds
2024|Restricted
funds
2024|Restricted
funds
2024|Tota
2024| |---|---|---|---|---|---|---|---|---|---| |Donations|and|gifts|3,843|148,676|152,519|10,000||151,170|161,170| -11- ## EMERGE HUB CIO ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) ## FOR THE YEAR ENDED 31 JANUARY 2025 ## 4 Expenditure on charitable activities ||||||||Core|Core|Core|Core||Core|Core|Core|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||activities|||||activities|||| ||||||||2025|||||2024|||| |Direct
costs
Staff
costs
Depreciation
and
impairment
Outreach
Craft
therapy
Life
coaching|||||||117,790
30
497
930
3,126|||||100,232
204
306
1
,373
1,599
174|||| |Clothing
Emergency
housing
start-up|||||||2,461
11445|||||3,341
904|||| |Emergency
housing
costs
Training
for
ladies
Emergency
supplies
Emergency
housing
clothing/lD
changes
Emergency
housing
covid
bikes
&
phones
Staff
training
Other
charitable
expenditure|||||||3,030
`1.43g`
379
130
9,233
120|||||12
548
875
40
2,825
685|||| ||||||||140,610|||||113,118|||| |Share
of
support
and
governance|||costs|(see|note|
5)||||||16,975|||| |Support|||||||27,216|||||3,188|||| |Governance|||||||||||||||| ||||||||167,826|||||133.281|||| |Analysis
by
fund
Unrestricted
funds
Restricted
funds|||||||19,150
148,676|||||133,281|||| ||||||||167,826|||||133,281|||| -12- ## EMERGE HUB CIO ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2025 - 5 Support costs allocated to activities |||||||||2025|2024| |---|---|---|---|---|---|---|---|---|---| ||Hub
Rent
Hub
Runnning
Costs
Power,
light
&
heat
Repairs
&
renewals
Motor
&
travel
costs|||||||5,113
6,996
2,356
6,921
1
,464|3,720
5.400
2,128
166
2,454| ||`Office`
`costs`|||||||1,105|1
,655| ||Insurance
Bank
charges
Sundry
Governance
costs|||||||150
627
85
1,579
820|532
73
847
3,188| |||||||||27,216|20,163| ||Analysed
between:||||||||| ||Core
activities|||||||27.216|20.163| |6|Net
movement
in
funds|||||||2025|2024| ||The
net
movement
in|
funds|is|stated
after|||
charging/(crediting):||| ||Depreciation
of
owned
tangible||||
fixed|
assets||30|204| ## 7 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## 8 Employees The average monthly number of employees during the year was: |||2025|2024| |---|---|---|---| |||Number|Number| ||||5| |Employment
costs||2025|2024| |Wages|and
salaries|117,790|100,232| There were no employees whose annual remuneration was more than E60,OOO. -13- ## EMERGE HUB CIO ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) ## FOR THE YEAR ENDED 31 JANUARY 2025 ## 8 Employees (Continued) ## Remuneration of key management personnel The remuneration of key management personnel was as follows: ## 9 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. |10|Tangible
fixed
assets||||||||||||Fixtures
and| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||fittings| ||Cost||||||||||||873| ||At
1
February
2024||||||||||||| ||||||||||||||873| ||At
31
January
2025||||||||||||| ||Depreciation
and
impairment||||||||||||835| ||At
1
February
2024||||||||||||30| ||Depreciation
charged|in||
the||
year|||||||| ||||||||||||||865| ||At
31
January
2025||||||||||||| ||Carrying
amount||||||||||||8| ||At
31
January
2025||||||||||||| ||||||||||||||38| ||At
31
January
2024||||||||||||| |11|Debtors||||||||||2025||2024| ||Amounts
falling
due||
within||||
one|
year:|||||| ||||||||||||||8,000| ||Trade
debtors||||||||||4,844||4,844| ||Other
debtors||||||||||||| ||||||||||||4,844||12,844| |12|Creditors:
amounts||falling
due
within|||||||
one|
year|2025|2024| ||||||||||||2,148||214| ||Trade
creditors||||||||||51,093||52,326| ||Other
creditors
Accruals
and
deferred||||
income|||||||660|660| ||||||||||||53,901||53,200| -14- ## EMERGE HUB CIO ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2025 ## 13 Unrestricted funds The not subject unrestricted to specific funds conditions of the charity by donors comprise and the grantors unexpended as to how balances they may of donations be used. and These grants includewhich are designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. |||At|1|February|February|Incoming|Resources|Transfers|
At|
31|
January| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||2024|resources|expended||||2025| |General|funds|||27,201||3,843|(19,150)||||11,894| |Previous
year:||At|1|
February
2023||Incoming
resources|Resources
expended|Transfers|
At|31|
January
2024| |General|funds|||||10,000||17,201|||27,201| ## 14 Related party transactions There were no disclosable related party transactions during the year (2024 - none). -15-