Charity Registration No. 267322 EMMAUS BIBLE SCHOOL UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021
EMMAUS BIBLE SCHOOL UK LEGAL AND ADMINISTRATIVE INFORMATION Tr40tees MI W D£yS Mr M Gill (Appointed 20 Decèmber 20201 Mr N Hartridge Mr J Heron Mr P JLThS Di C Lara$li rA Russell Charity number 267322 Prin¢ipal address 28-30 Larkhill Lane LNerpool L139BR Independent examlner Mr P J Bartrm FCCA Ground Floor 11 Manvews Street BA1 1JQ 8ankers Bardays Bank rlc 101 ltbY Roa(1 Ellesmere Port Cheshire CH65 OAD Solicitors Butther & Barltrw LLP 3 Royal Mews Gadbrook Pa Northwich c¥ 7UD
EMMAUS BIBLE SCHOOL UK CONTENTS Trustees. reF Indepewlent exanNnerfs reFN*I Statèment of finanaal acti¥Fb"es Balance sheet Notes lo the fmancial statgments 7-13
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT FOR THE YEAR ENDED 28 FEBRUARY2021 The trustees FKesent their reF¥)rt fina81 slatements for the year ended 28 February 2021. The finanual statefflerts have prepared in accordanr£ wilh thg 8(££sunting tKJlicies sat out in note 1 to the finan(ial statements arKI compty wrth the (thritys Deed of Trust. the charib.es Ad 2011 and 'Ae(x)unting and Rèporting by Charities.. Statement of Recornrrnded Ptsdirx applicable to chariti'es preparing their accounts in accordance with the FIclaI Repvb"ng Standard appl in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019)". Objectlves and activities To advance the evangelical Christian faith by eblishing and mainlainirvJ centres to le8th the Bibla, by preparing Christians for Christian service al hc¥ne and abroad, by issuing and conducting correspondence courses in Bibli1 and reled subjects either in tyjok lorm or via intemet, by wblishing and dealing in Christian lrterature by pmmoth.ng Ihe Christian message by such other means being cFwitable as the Trustees shall deletmine. To do such olher thing8 as 8hall be inudentd or c4Jnducive to the attainment of the alKe object and in particular the followng.. To purchase. take on the, cf in exthange. hire or ¢knrwise aVire any real or pèrsonal propwty atKI 8ny rights or privileges whth the Charity think nece&%ary or convenient for the promtstion of its ObCtIVes, and to conslrud, maintain 8nd 8Ker any buikling$ or erections necessary or o)nvenient for the work of the Chanty. To sell. let, mortgage, di$p03e of or bjm to acrxjunt an any of Ihe property or assets of the Charity as may be thought expedient wth a view to the promob.on of the objecbvÈs of Ihe Charity. During the year we werè gifted with a churdi building on adinI land" thi5 has been indu(led in the baLan sheet. 11 is proposed th81 during this curronl year that both site$ are sohl and new prnIses be purthased. This will be a better use of the assets of Emmaus Bible Schcd. To undertake and exearte any trusts whth may lawfLdty be dertaken by the Charrfy and may bè (x)rMluove lo ils objectives. To borrow or raise money for the purkwjse of the Charty on suth tern on such s8oJrity as may be thought fft. To invest the mons of the Charity not immediatdy rg]uired for its purFoses in w un 3uth investments securities or property as may be thought fft, but so that monies subJ"e( or represenb"n9 propety subjeci to the jurisdiction of the Charty Commiss¢oners of England and Walès shall onty be invested in such seeunb.es and with such san(jI Irf any) as may for the tsme beiThJ be pre by law. To establish and support or aid in the estalshMent arKI suppwt of any chafit8b assooation or institution and to substhbe or guarantee neY for (*wilth purp)ses in any way conneclad vnth the purposes of the Charity or Ca1lated lo further its oty'ectives. To advance evangelical Chrisban Failh to WI belong to thè fath and those who do noL The trustees have due regard to YUKIa issugj by tho Chlty ci¥nmi0n in ¢tsoding what actN the charity should undertake.
EMMAUS BIBLE SCHOOL UK TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2021 AGhievement5 and Frtormance Review of activiti• The sourung. designing. prTrYwng, winting. puNishiThJ and swpptying of Bible sbJ(ty materiaL8 fJM)tinues to be the central acbvty ol thg Ch8rty. In the past year we have (xjrnpleted Ihe sale of Cadett Churth and the main Offi building of Emmaus Bible School UK and purchased 2&30 Larkhill Lane and moved the operation successful. This move has provided appropriate accommodation for the work of the thaity so as to asstst in furthering our charitablè aims. have also acquired Iwo fi8ts located above the OffeS of the thawity which provide fental income. The Prospe(Ju$ and the website are continualty )da xnd Stlents can and ordèr 26 available online. We have a team of volunteèr tut(ws WIK) work in the Schocl aThJ Lrthers. wFb) work from home, whom we can call on as and when required. Our plans lo promote the woth ofthe Charity aryoss the cnty oMtinue wrth a to irK¥easing the supwjrt lor the work. Community Benefft Through the free supply of Biblè study material, together wth a deth"coted personal bjtor. the Charity provides students wth the means to a(tsss and moral codes lor th8 Indldual and society, which provide guidance in lrfe, ry)mfort in times of sorrow. and personal InSratIOn to improve self 8nd help others. The Bible study material deals with rn8ny of the issues that people of 811 age8, naiionalitses, ethn and SOCAal ba(grounds face on a day-ttsday bay"s. Bènefits are evidentxd in the comments made by and the many letterts that we receive from students and colleaguès old and new. Many prisoners and their families find purpose and meaning to their lives and a new resofve to in ac4)rdance with the requiremènls of the on release and make reparation and a positNe contribulion lo the society t Ihey recognise they have wronpj. Various prisons are tted to FVcl Bille studies and Sukwty stuty materias. All Sttjdy materials used in the prison work ale sent withoui charge to the user. In addition a number of UK based Christian organisations and overseas based MIOnarieS continue to frr4n the suppty of &"ble study material. Financial reviéw Full details of the finan(a tr*sactions are containad in the 8ttached accounts. Total incoming resourcLs for the year amounted lo £364.821. Resources exnded 8mountgJ to £141,179 giving 8 profft 01 £223,642 for the year. Th& net as8ets ofthe charity at 28 February 2021 re £508.287. The Trustees have revied the CharlS neejjs reseryes in line wth guidance issued by the Charrty Commission and havè that there is no need for reserves as wè onty have one fijll lime paid emptoyee wtth 7 yeats Ser. The Trusteés have introduced assessment prowlures to identify the major ri8ks to the Charity is expos8d, with p8rticular relation to the financAs of the Trust.
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 Plans for the Future Vve plan to expand the WO in w.sons by pInting a tharity rewesentatNe who (xn promote the use of our Bible study courses with Pris Cha1n$ and to seek (trbfication of the UlSeS so that they woukl qualfy as part of a prisoner's edu¢ational requirement. We are exploring ways of provhying support for prisoners who have engaged with our courses in wson to fvrther support them Wacalty on release by assisting with rehabililalion, accommodation and training in Bible studies and lrfe skills. an to promote the use ol smartphone app Bible study tod whith wll be attractive to a yourwJer audience arvj hopefvlly encourage interest in our paper based courses. a kKtyk"trng into providing an aUdiVisal VeOn of our Bible study courses as well as exploll.ng the use of the (x)urses in schocls. Mhin the general population we want to Increase the range of our Courses and develop material that wll complement our o)urses that Gqn be used by those who are socially isolated and unawe or unWling lo attend mainstream Christsan Servi$. Structure, govemance artd management The charity is éstsbltshed under a Deed ofTrusL Thé trustees servad during the year aThJ up to thè date of signature of thè finanaal statements were.. Mr W Downs Mr M Gill Mr N Hartridge Mr J Heron Mr P Jonas Dr C Lancashire MTA Russell {Apw"nted 20 December 2020} The day to day aLliveS ofthe tharty ¥e managed by the Tmstèes and ils eM0Ye&. Al Ihe end ofthe year the charity employed one fijll time of staff. The Trust8ès meet quarterty each year vith additional meetings as require(l. The tNstees' report wa¥ approved by the Bootd of Tnmtees. Mr W Downs Trustee
EMMAUS BIBLE SCHOOL UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMMAUS BIBLE SCHOOL UK I report tts the trustees on my examinabon of the financal statgments of Enmnaus Bible &th(xA UK {the d)arityl for the year ended 28 February 2021. Responslbllltles and basis of relrt As the trustees of the charty you are Te5pOtIe for the We310n of the finanaal stslements in accordance wth the requirements ofthe ChariliesAd 2011 (the 2011 Art). I report in respect of my examination of (thri$ finan(ial statements ¢aled J1 under section 145 of the 2011 A¢ In carrying out my examination I have folky•d all applicable DIreCtS given by the Charity Commission under section 14515llbl ofthe 2011 Ad. Ind•p•ndent examinerfs statement Since the charity's gross income ex(wled £250,(KKJ your examiner must be a member of 8 body listed in se(Xion 145 01 the 2011 Ad. I Clpnfimi that l am qualified to undèrtake the examination be(suse l am a member olTheAssooation of Chartered Certrfied Acc¢xJntants. vthK is one ofthe listed trxjdies. Your attentiL)n is dTawn to the fart that the th31ity has prepared finanoal ststements in accordanr£ with Accounting and Reporbng by Charities preparing their accounts in accordan with the Finanaal Reporting Standard applicable in the UK and Reputs1 of Ireland IFRS 11Y21 in weference to the Accounb"ng and Reporting by Ch8rities.' Statement of Recommended Prartice issued on 1 April 2005 whh is referred to in the extant wul8tion$ but has rThv been wilhdrawn. l understand that this has iwi de in order for finanoal ststements to provide a Inje and fair view in ac)rdanCe wlh Generally Accept8(l Accounting Practtt effeclNe ftx rep)orting periods begirhning on or after 1 January 2015. I have comKAetgJ my examinalk)n. I cnfi that matters have (me to my attention in (ThnÈ¢titsn with the examination gNiThJ me cause to bdieve that in any material $lCr.. accounb.ng records were not kept in respert of ts thanty as requir by sedion 130 of the 2011 Aca,. or the finanual ststements (h) rKst accord wth those reo)rds'. or the finanrAal statements do not o)mpty with the applicablè requirernents conceming the form and content of accounts set out in the Chanbes (Accounts and Rewrtsl Regulaih)ns 2008 011[ than any requirement that the accounts give a true and fair view W"th is not a matter consdered as part of an indendent examinabon. I have no concems and have me auoss no other mattérn in conwthon wFth the examination to which attention should be drawn in this reryjrt in order to enable a uThJerstandiThJ oflhe finanrAal statements to be reached. Mr P J Barton FCCA ART Accountants Limited Ground Fk)or 11 Manvers Street Bath BA1 1JQ D8ted.. ..¥.! It l&1
EMMAUS BIBLE SCHOOL UK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY2021 Untricted Restrf¢t•d funds fund 2021 2021 Total unreStted Restriraed furNIs nds 2(r20 2020 Total 2021 2020 en Donation5 and le9JeS Charitable 81#ivities Investments Other inc4)me 174,053 14 167 178,587 12.C 186,053 14 167 178,587 80.394 12,749 93,143 Total incom• 352.821 12.¢J)) 364,821 85.9 12.749 98,655 Charitable adivrties 129.179 12,IlXJ 141.179 68,024 12.749 80,773 Net income for the yearf Net movement in funds 223.642 223.642 17,882 17,882 Fund balance$ * 1 March 2020 284,645 284.645 401,350 401,350 Fund balances at 28 Febwary 2021 508.287 9)8.287 419.232 419.232 The stat¢ment of finanaal actr¥ities indude5 all gains and 1088e8 reo)gnis&J in the year. All inwme arKI expenditure derive frc¥n wrthnuing ac*vrbes.
EMMAUS BIBLE SCHOOL UK BALANCE SHEET AS AT 28 FEBRUARY 2021 2021 2020 Fixed assets Tangible assets 10 176.IXN) 266,OCKI Curr•nt assèts Stocks Debtors Cash at bank and in hand 11 8.228 15,0(X) 130,IK)4 322.681 332.287 153,232 332.287 153.232 Total assets less current liabilitie¥ .287 419.232 Income funds Unr General unrestricted fttnds Revaluth'on SerVe 508.287 284,645 134,587 508.287 419,232 508.287 419,232 The finanaal statements were apprDved bythe Trustees .. gliLIt, Mr W Downs Mr P Jor48S
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021 Accounting policies Charfty Infrmation Emwnaus Bible SC)0$ UK is an unInrated 7knse wveming drnent is a Trust Deed.. 1.1 Accounting convention The finanaal statements have been ppal in acwrdance wth the tharivs Igoveming dctumentl, the Charvties Act 2011 and "Accounting and ReFMxb"ng by Charit$.. Statement of Recommended Pradic applicable to carities prepaiing thwr cL)untS in e0rdan with the Finanaal Reporting Stsndard applicable in the UK and Republic of IreJarKI IFRS 1021 leffeclwe 1 January 20191" The charity is a Publlc Benefft Entity as defined by FRS 1W2. The Charity ha5 taken advantsge of the provison5 in the SORP for charilie5 apF4ying FRS 102 Update Bulletin I not to prepare a Statemènt of CaBh Fkws. The finanaal statements have departed from the Chaiitie5 (Accounts and Reports) Regulations 28 only to the extent feqLIid to provKl8 a true arky fair view. This departure has involved folkjwing the Ststement ol Recommendeil Pracl% for charilies app"ng FRS 102 rather than the version of the Statement of Recomrnended practi whK is referred to in the Regu"9n$ but which has $ce been withdrawn. The financial slalernents are prepad in sterling. is the JtiOnal cxJrrÈrry of the tharity. Monetsry amounts in these finanaal stalements are rounded to the Irest £. The finanoal statWrts have been prepared urKler the hisknical cost convention. modffjed to it)dude the revaluation of freehold propefbes and lo indude investm8nt properties and certain fingwal instruments at fair value. The principal accountiThJ wh"oe$ awed are set out bakxt. 1.2 Going cort¢em At the b.me of approving the fina3a1 statement8. the tnjstees have a reasonable expectation th the charity has adequate resources to continue in operational existence for the loreseeable future. Thu5 thg trustees continue to thpt the gryng (Cern basts of acxxmjnts'ng in preparing the finanaal statements. 1.3 Charotable funds Unrestricted funds aR avalble for use at the Ls(Yetion of Ih8 trustees in fvjrtherance of their charitable objecbves. Restricted funds are subiefx to speofic (ndn$ by as to how thty may Ltsed. Thè purpose6 and uses of the reslrirted fund3 are set out in the notes to the finarKial statements. Endowment funds are gjbiect to speofi¢ o)Jnditsons by donors that the pital must be m8int8ined by the charity. 1.4 Ineome Ineome is recognised when the drty is legaty entilled to it after any performance conditions have been met. the amounts can be measured relk8bty. and li is probab that inc4)me wll be receiv6d. Cash donations are recognised on receipt Othèr donations are TecognisÈd Or the charity has been notified of the donation. unless perfommnce wndrtions require deferral of the amount. Income t8X recoverable relab.on lo donat#)ns received uniler Gift or theds ol covgnanl is recognised at Ihe timp of the donatK)n. Legacles are recogni8ed on receipt or oth8Th¥ rf Ihe tharity has b8•n nobfied of an impendirvJ distribkjtion. the amount is known, 8nd recwpt is expecaed. If the amount is not known, Ihe legacy is treated as 3 coniinytsnt &sset.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 Accounting poli¢i•8 (Continued) 1.5 ExpgnditUTe Liabilities are recognised as as there is a l&Jal or $tKl obL411c committing the th8tity lo pay out resources. 1.6 Tangible fix 88$8ts Tangible fixed assets are inthalty measured al cost arHI sub5eqL• nwaswpd al cost or valuation, nel of dèw8(i8b"on 8nd any impairment losses. Oepreciatson is recognised 50 8$ lo write off the cost or ¥aatIon of assets less their residual v8lues over their useful Iwes on the follving ba". Freehold Land at)d buildings Fixtures and fftb.ngs Not dèpre(i8ted 25% reduong bakr The gain or k)ss arising on the thspjsal of an asset i8 fjetermined as the drfference between the sale proceeds and the catrying value ofthe asset, and is retryni%ed in net incomellexpendituiel for the year. 1.7 Impainnent of fixed assèts Al each reporting end date. th8 rh8nty reviews the carrying amounts of its tangible assets lo detemiine whether there is any indication that those assets have SUffed èn impaÈmient loss. If any suth indiGqtion exists. the recoverable amount of the asset estimated in er to d8t8fmine the extent ol Ihe impaimenl loss Irf any). 1.8 Stocks Stocks are stated at the I0r of eAJst and estimated selling pr less o)sts to complete and sell. Cost comprises dire(X materials and, where apFS1(xb. direcl Labour costs and those overheads that have bÉen incurred in bringing the 8tocs to th&r present kyxlion and C¥JtYJ0n. Items hekj for distribution al no or nominal consideration are measured the Ier of replacement o)st and cosL Net reali98ble value is the estimated selling price less 1 estimated f£J8ts of complet)n and costs lo be incxjrred in marketing. seling and distritmjbon. 1.9 Cash ¥rKI cash equivalents Cash and cash equivalents indude rash in haThJ. dek¥)srts hekl at ¢xll with banks, other $hort-tem liquid investmènt5 with original maturiiies of thiee morths and bk overdrafts. Bank ov¥rdrafts 8re shown within borro)$ in ojrrent liabilibes. 1.10 Fin•n¢ial in¥truments The charity has elected to app4y the provisKJns of Sectw)n 11 'B8C Financial Instnjments. 8nd Section 12 'Olher FinanrAal Instrltments Issues, of FRS 102 to all of ils finanrAal SDJments. Finanaal instruments are rec4vJnised in Ihe chariVs bolance slel when the charity bÉeomes paty to the contractual prowsions of Ihe instrumenL Financi81 a88ets and liaknlilies are offset, wrth the rEt arrnts pres*nlwl in the finanaal statements. when there is 8 leg811y enforceable right to Set off Ihe reo)gnised amounts and there 13 an intention to settle on net "$ or Its wlise the asset and set#e the IKqlJ"lty LM11ane0usIy.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 28 FEBRUARY 2021 Aeeounting poli¢i•# Icontinugdl 8asle fiFwncial assèts Basic finanual assèts. whith indude debtors and cash and bank baiantss. are initially measured 8t transaction price induding transaCtH costs and a subsequentty carried at 8rnorbsed cost using tho effe(Xive inlerest meih¢xl unless the arrangement Cwstrtutes a transacaion, where the transaction is measured at the present value of the future lecpts dIsunted at a mawket 18le ol interest. Financial asstrts das5ffied as receivable wrthin one year are not amorb"sed. Basie financial liatslilles Basic finanual SiabilitEs, induding Ixeditors and bank k)ans a initi'ally recogni5ed at Iransaction pnce unless the arrangement conststlrtes a finanL?ng transactKJn. where the d8bt instrument is measured 8t the present value of the future payments discounted at a market rate of interest. Finanaal liabilitiès dassified as payablewithin one year are r¥)t arTK)rtwl. Debt inslnjments are SLsequenty carnie¢l at cost. u&ng th# effe(Iwe interest rate method. Trade CTeditots are obligakn.ons to pay for go(xls or seN(%s that have been ac4uired in the ordinary courge of operations from suppliers. Amounts Payab are dassrfied as oJrrent liabilrties rf payment is due within one year or less. If not, they are PTesenled as norrfurrent liab51rties. Trade creditors are recognised initialty at tr8nsadion wice and SLsbseouantty m8asured at anK¥lised ¢)1 uwng the effedive interest method. Derecognition of finaneial liabilities Financial liabilitses are derecognised when the thari$ cfjntrSdu 0atrO$ expirè or 8re discharged or (xncelled. 1.11 Em0Y boneffl3 The cost of any unus&J holhlay entiknent reynised in the peri(xl in which the employeè's services are receNed. Termination beneffts arg wni5ed as an expense when the charity is demonstrabty cxjmmffted to teminate the employmert of an employee or lo provide teThination benefits. 1.12 Retlrem•nt b•n•fits Payments to defined O)ntritMJIK retirernent benefft sthemes * drged as an exponse 8$ they fall due. Critical aceountlng estimates and judgomwts n Ihe application of the Chariils accounthig pcAKies. the trustees are required to make judgements. Stimates and assumpts.ons about the carrying amount of assels and Ila.11eS that are not adity appant from gthei sources. The estimates and 8sxKiat&J asSumptiS ale b8sed on histOriCAI experien and other factors that are cOndered to be rele¥8nl. Actual resuhs may from these estimates. Thè esbmales and undertying assumpt1$ are revie1d an wirs basis. Revisions to a(XXMJnting estimates are recAll15ed in the pericJ in the estimate is revised where the revision affects onty th8t period. or in the period of the revision and fuiure periods Whe the revision affects both ¢urrent and future P8ricyJs.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 Donations and le9acSeg Total unres1rlc Restrideil fijnds Total 2021 2021 2021 2020 2020 2020 Donations and gffts L8gaciÈs re1¥able 34.246 139,807 12.¢X#) 46,246 139.807 12,749 93,143 174,053 12,OCiI 186.053 80,394 12.749 93.143 Charitablg a¢tivities 2021 2020 Course faes 14 1n¥tsnents Unrestrlcted UnrestriLled funds fvnds 2021 2020 Rental incom Interest receivable 4.800 167 167 Other Incomè Unrtstrlctod Total 2021 220 Net gain on diskwl of tangible red assets 178.587 10-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2021 Charitabh athiii 2021 2020 Staff costs DeprecAation and impairnwrt Cost of sales Labwr cosis Conference I travel Printing, stationery and Kthtsge Advertising Equipment hire Repairs and maintenanc Insurance Bank char99¥ and interest Telephone Heat. light and Fowef Other I gffts Stsff travel Legal and profwional fees Gera1 expenses 17,2T7 16,089 3.042 20,250 15.366 2,367 1.451 2.009 370 3.588 2,057 10 1.476 2.353 9,980 124 22,035 19. 1,224 2.3 1,782 29,653 2.391 15 2,813 2,864 20.500 1,325 16.358 241 141.179 80,773 141.179 80,773 Analysis by fund Unrestricted fvnds Restricted furKI$ 129.179 12,( 68,024 12,749 141.179 80,773 TruJtee¥ The trustees all give fredy their time and experb.se WIthrt any fomi of Temunaration or other benefft in cash or kind12020 - £niry. Eypenses paid to the Injstees in the year tolalled £nil12020 - £2,36n. These expenses were for 2 trustees and We for the reimbursemenl oftravel expenses.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 Employees The average m¢MtFty nLwnbar ofempw duriThJ thg wag.. 2021 Number 2020 Numbèr Employment costs 2021 2020 Wès and salaries Social security costs Other nSIOn (xjsls 16.980 14.321 Y97 771 297 17,277 16.089 10 Tangible fixed awts Fr*•hohJ IwrKI Ffixtsres and and buildlngs Totsi Cost At 1 Marth 2020 Addthons Disposals 2e6.m) 52,530 176.000 I266.¢}) 318.530 178,(Krt) {266.CMJO) At 28 February 2ff21 176,(KYJ 228,530 Depreciation and impalmi•nt At 1 Marth 2020 52,530 52,530 At 28 Fèbwary 2021 52,530 Carrylng •nt)unt At 28 February 221 176.1XK) 176.(KJO At 29 Febnjary 2020 266.CYJO 11 Stock¥ 2021 2020 Flaw materials and <xJrMimables 8,228 12-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 28 FEBRUARY2021 12 Restriet•d funds The in(x)me fijnds of thè (arity indudè rèstricted knds ts)mprising the fr11n9 unexTrded balances of donations arHI grants on trust for specth putposes". Movement Sn fund Movemènt in funds Incomlng Res¢Jurce5 olance at OXknded 2B Fobwary 2021 Other Prison WLYk 749 12.lJXI (7491 (12.(ml 12,(XK> {12.CXX)I 12,749 112.749) (12.(IXJI 13 Relatsd party tr¥n8actlons There were no disdosablè related party trans8dions dumg the year (2020- nono). 13-