Charlty rnglslratkn numbor 267322 EMMAUS BIBLE SCHOOL UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022
EMMAUS BIBLE SCHOOL UK LEGAL AND ADMINISTRATIVE INFORMATION MrWDthb klr Kl GIR IAr N HwtrNJge IAr J Heron Mr P Jonas tk C Lancashir• MrA Russpjl Charity numb•r 287322 PrfnclpAI addy 2&30 LarIthI Lan L1398R Ind•p•nthnt examln•r klr P J Barton FCCA ART A)Ufttants LiThMted Ground Flwr 11 Manvws Street BA1 1JQ B•nkorn 101 Vthiiby Road Cheshi CFW OAD Solicitorn Butrknr & Barbxt LLP 3 Royd Gadlxoc* Park North¥Mch cwa 7UD
EMMAUS BIBLE SCHOOL UK CONTENTS TfUStees' reiwyt Baance sh8at 7-13
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT FOR THE YEAR ENDED 28 FEBRUARY2022 Tha finanoal statements have been in actr)rdar Vilh the ao))unling Fdi905 set out in 1 to the flnanoal tatenTrts an¢J ¢)Jmpty vthh 148 Dgod of Tnjst. the Ch8th"es Ao 2011 and 'Aecounting Repofting by Cttaribe8: Statement of RecoMnded PFathc arplicat4e to caries prgP8ring thr UnIS in acurdan¢a wrth Ihe Finawal RepNtirwJ Standard apF4icth in tr UK arKI Rewtslic of IrelaTrJ (FRS 102) leffec¥e 1 January 2019)". ObJetho8 and aell¥ib•¥ To advance the evarvJelical Christian f1 by estsblishing arwj m8intsiThng centres to teath the Bible, by preparing Christians for Christ'an service at aTrJ atffoad. by iSNng and c¢nduding carreS[denCe rLJurse$ in Biblical and related subi8cts èither in book form ty wa the internrt by publrshing and dealing in Christian literature by To do 8uch other things as shal be iThidental or to the attainrTWrt of the abthffj oLyec and in part)Jlar the followng: To purthase, take on kn7se. or In exdnge, hire ty 058 aL¥uire any real or Pgrwial property and any rights or priwleges which the Charty think ngxssary or rnnvenient for of rts l'ectIVeS, and to cyJnstrucL maintain and att¢rwy IdIngS (Y ty 0)n¥e for thowork ofthe Charity. To sell, t. mortgage, dispx• of w lum to att¢unt all or any of the property assats of the Chanty as m8y be thought exFedient with a Mew to the worwtion ofthe Otle( of thè Charity. To undertake arKI exeth any tts whith may ttuty te uTrllkn by ts Chity and may be conduc¥vo to it8 objectives. To borrtr•V or rai88 forthe Puryboee oflhe Chwity cffl tern and M such security as may be th)ughl fft. or propety as may thought fft, trrt so that monies wtie¢t ¢x representing property subi8Ct to the jurisdiction of thÈ CharTty Commissioner5 of Eand and bltsles thy be inve8ted in SLth 8ecurbtiè# arKI with 8ucth san(aion lrfanyl as may fortr time tieing be pre"tsed by l&¥. To estsblish aThJ or awj in the eslknli8hment KI of any th•itth assouation or instsb)n and to SubsCbe or guarantee n&Y for cwilth wIpc in wth fv wIFseS of tr Charity or calculated to further its objec"v¢& To advanc the evangd1 Chri8ban Faith to both those to th8 faith those r The trustees hava paid due rogard lo guhlan(x by the Chwity deridbro wl)at aLaivibes arty should undertake.
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 Roview Of •¢tiviiio¥ The sourcing, dwning. iyoduory, winling. ttlisl¥"ng 8rKI of 8lble 8tsKty ThHieri o)ntinue8 to be tho central aCtity of the Charity. accommodation. The offices arn hdyng to fulfil the tharilies obieds. arwj the •Jditsonal Ilats ao]uirod h?Ih the offices, have b88n providing addrbonal rentsl Inc furthe tharity. number availat4e online. as and required. The tharity is benefiong add¢ThI wortKWS suppth'ng the 9rcthv1h of the work, in thè developm1 of addrbonal wJrses. p&t'uJlarty for ththjren teens. and in ifferent (ornats. induding web and audio vi8ual. Our plans to pronK)te the of the Charity courrtry cg>nlinue TAith a view to inc¥Easing Ihe SLPWt for the wth. are a(¥ety lookir¥J ll)tO Way5 of ww¥J the •4¥arerth UK chw(5 and Christian tharitiey. Communlty Bonofft Through the free suppty of Bible sludy rrAl•rral, togeth¥ 7iih a d8thcaW PersOr1 tutor, th• Charity prowdes Students with the means lo access ethical and nKttI ¢crfJes for the indNKlual and socaety, provide guidance in lifv, comfort in times of so. pers1 insFMratI to improve self and help others. The Bi0 Study materi dea13 1 many of th tssues that FeoFle of all ages. nalionditie5. eti and so(xal baogr¢)unds face on a day day basis. Benefits are evidenced in the ¢xmmgnts made by students and the many letters that we receNe from students and eollè¥gue$ old and new. Many prisr5 and famil fiThJ wrpose and mèaning to their lives and a nsw rasolv8 to in aCcOrdar wrth tho requirements of th& l•f on release aTrJ mak¢ reparation and a postb Various prisons arg vi$rted to eoThJuct Bible udIeS ¥nd suth St materials. All study materials used in the pri80n work are sent ¥thrt charge to the user. In aJ¢it a nurthr of UK based Chllstian organi98tions and A88i8tanee has been gNen in tra)11 th ond StsKI to ber thg Eastem European C4)mmunty in the UK Opportunities are being sought to wovJe mtsial fty rtiktren into Sd in UK and so inwsing thaiity btneffts to a new ag& group. Flnancial rgvl Full detail$ of the arn in tho alta(d atxxjurts. T<tsl irts)ming re8ourc•8 for tr year amounted to £182,135. experKknJ amounted to £88,690 g¥ir•J a surplus of £93.445 for the year. The n&t assets ofth8 drIty at 28 Fetsuary 2022 wwe £601.732. Th• Trustee8 have Te¥ivAd tho Cl5 needs tr r¢8eNes in Ine ith issued by tho Chanty Commi881 arKI ha tl)at there is n•8d tr re8eryes do have any eMpk)yS. with wticular relation to the finances ofts Tntst
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 We pkqn to expand the work in prisons by apwjinling a rewe8en can promote ts use of our Ble stuty courw w¢ih Prison Chaplin$ and to seek of the ¢)Jurses so thot kn %bwld qualify as part of a soner's educational requirement an to partrw wrth another thrty, WOVKle support for prisoners wtho have tngagad wrth our g)urse8 in prison. to fiJrlh8r them trttslty on release by 3sstStir¥J wrth rehabiltslirm. aCCa)mnati0n and tsning in Bible siudi&s arKI Irfe skills. Vthin tho general population we want to in(Ye8$e the range of our courses and develcy mat8nal th wll cy)mplèmont our o)ur5es that can b¢ used by those who are 5CCAally isolatsd and unable or to attend mainslream Christian serwcag. ptan to rais8 awareness of the tharity berffts to a Wider chrisb.an aud in the UK by atteThthng Chrislian exhibib'ons and Bible teaching. bawl on our materials, * our offices. Th• charity is esL7blished under a Deed of Trust Mr W Downs Mr M Gill Mr N Hartsidge Mr J Heron Mr P Jonas Dr C LarThshire MrA Ru88dl quarterly eath year with addlticTral m8etirvJ$ a5 rgquired. The trug Mrw TruBtse
EMMAUS BIBLE SCHOOL UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMMAUS BIBLE SCHOOL UK I report to the trustee5 my exwbNnatfion c¢ the sfnwts of Enwnau5 BiÈ48 Sthool UK Ilhe carityl the year ended 28 Febnry 2022. Ro¥ponsibllltlgJ and buls of rowt with the requirements ofts ch88A 2011 (the 2011 . I r•port in respeoa of my examinali(Jn of the ¢knty's finarKi atements carried out under seoyion 145 of lh• 2011 ACL In cafrying cArt my examination I fwe fDloAed au the aFvIic4ble Direthons gv¢n by the Chaiity ComFfM88ion under secjion 145151{b) ofthe 2011 AL Indwndent examln•rfs ¥tat•m Your attention is drawn to the faL# that the [rity has prepa1 finan(a stat8nts in accordanc8 With AuTrting and Reporting by Chariiies weparing Iheir ao>)urts in awdance vAth ts Finanaal RwbtvJ Slandard apICable in tho UK and Repub¢ of {FRS 11Y2} in prsf¢rence lo the Aw>ynting R8portit¥J by Charities.. statem0 of Re)mthI Prkx i5y C 1 hwil 2{)5 vthith is refeffed to in the extant regulations but has ncm baen witrKlrawn. January 2015. I have ¢Orneted my examination. l o)nfKm that no matters ha¥8 ctrfne to my attention in corfftction wilh the examinalion giwng me cause to bthve that in ary material respe acntIng rocords vArè not kept in Tesped ofth• d as reqLired by sedi¢)n 130 dlhe 2011 Art or the finarrial statemants do not acwd with those rgoyds: trb& finanoal statements &) r)t tsjmpty 7•ith the applicati1• corKerThTra th• form arKI content of accounts set c4Jt in th8 chanb.es IAo))unts aThJ Rep8} ReguEations 2008 other than any requirement 41 the accounts give a and fair vivw is noi a rA)ndered as part of an indent examination. attention should be d[4n in this rewt in (der to 1)18 a yoper urMlef51r9 ofthe finantial statements to pli Mr P J Barton FCCA ART Aco)untsnts Linited GrourKI Floor 11 Marbv8f8 Stre•t Bath BAI 1JQ l £oLt
EMMAUS BIBLE SCHOOL UK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITUREACCOUNT FOR THE YEAR ENDED 28 FEBRUARY2022 Total fund8 2021 2022 2021 2021 como an DatiOnS and legaaes Charitable a(viiies 173.556 174.053 14 167 178.587 12.000 188,053 14 167 178.587 8.579 Other income Totsl incom• 182.135 352.821 12.lJ(M) 364.821 Ex ndi Charita• a¢live8 129,179 12.000 141,179 Other 11 Total •xpgndilurn 88.6 129,179 12.000 141.179 N•t incom• for th• yearf N•1 mov•m•nt In fvrKI 93.445 223.842 223,642 Fund balances at 1 PAarch 2021 508,287 284,645 284,645 Fund balanc•8 at 28 Fobnw 2022 601,732 508.287 508.287 Atl income and eXdire darive frtyn rxyrtintmry a(¥ib8&
EMMAUS BIBLE SCHOOL UK BALANCE SHEEr AS AT28 FEBRUARY2022 2022 2021 T8ng1b assets 12 178.oc 176,000 Stocks DobtOf8 Cash al bank and in hand 13 14 7.403 301 418,028 9.6( 322,681 425,732 332.287 Net rrent assets 425.732 332.287 Total assets IM• cuyrnnt Ilablllllg¥ 801.732 508.287 601,732 508.287 601.732 508.287 Th¥ financ4al statnts 4wo¥ed by th• Tru*ees I. II,,ILL Mr Trust•• Alr IYJona8
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY2022 Aetountlng poli¢1 Charfty Infonnation Emmaus Bible S¢htsol UK is on go¥wrirvJ is a Trust D4.. 1.1 Accountlng ¢onvgntlon The fin#wal stst8m8nts have been wepared li ilh Ihe tarits Iw¥eming d0mentI. the Charities 2011, FRS 102 "The FinaTrial Rep(w11rvJ SlaThJard 4plKatJle in the UK arKJ RepublK of Irelan rFRS 102.) arld the Charilie8 SORP -AntIng and ReFx)rt¢ng by Charibès.. Statèment of Rewnmend•d Practio applieabl• to charTbes preprin9 Iheir actimjnts in accordanc wrth the Finanual Reporting St8nd8id applie¥iYe in the UK and RepLtlic of Iiel8ThJ (FRS 102)- {effeth'¥e 1 January 20191. The tharity is a Public Benefit Entity as defined by FRS 11Y2. The finanaal sLft hav8 departe•J frcrfn the Chwiii•s {ACnIS and Reports) Regulalions 2008 onty to the extent requirgd to Pro& a true and fair ¥1. This drtUr& has invofved follThv7ng the Stat8m•nt of Recommended Pr¥c"( for tharrbes apptyirYJ FRS 102 rather than the Yeon of the Statement of The finanual stateThS aft Nepa1 In tsbng. i8 the fiJThknal cuThenGy of the tharity. Monetsry Thg financial statements have been prepared thè historical cost convenb"on. Imodffi•d to indude the revaluation of fraehold propertres and to indude in¥e¥tmtt propert and rtain financ4al instruments at f•'r voluel. The prtrKapal aCcatir$ wAicae¥ ad¢)pted arE set bd(M. 12 Golng concorn At the time of approvirffj the financial 3tatern, the Injstees have a rea80nable expethb'oft that the tharity 1.3 Ch•ritsbl• fund• Unrestricted fvnds arn 8v8fib8blg di811 of th8 In in fLwltwarte of tIHr tharOlabl8 obj'eclives. Restrithd ftJnd$ are to speafic coThthtrons by thnors as to they may be us•d. Th• purposes and Use8 ofthe r•strithd funds are out in thè notes to the finantial statemen charity. 1A In¢ome relation to (b)nab"ons receNed under GiftAid or deeds of co¥enanl is r•eognised at the time of the donion. Legaaes are rLwised on rew¥ otheThi8e rf the cwity has been rlfiel of an impenthng distribubon, th& amounl is knrmn. and receipt w ¢xp¢d¢d. If the anThxwrt is not knry•m. thè 1898cy is treated as a
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMEMfs (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 A¢¢ounllng pollGI IContlnu•d) 1J Expèndlturn abilities are rwni8ed as 8rnn as Ihere Is a b8gal or oblalion CLvnmitting thaFity to pay out resources. 1.6 Tanglbh fixed aM•ts Tangible fixed assets ar¢ inrbalty measur•d at cost WKI 8ubs•quth at a>st or vduallon. net of depreliation arKI any los Depat1 is r8¢x¥niséd $0 as to 7hTit• off thÈ or valualion d assets legs th•r residual values ov•r their sefij lives on tho frAknn9 bases.. Freehokl land and Fixtijres and "n9$ The gain or1088 arj Ihe ¢Jispo8al of an asset is detemined as drfference bets¥oen the Sa proco•ds and the TryIng value of the asseL 18 reo)3nised in the statemerrt offinanoal athvities. 1.7 Impalmwit of fix•d •8sats At each repon9 end date, the of Its tsruble assets to delermin8 whether 1$ ¥ny indicabon that those assets 8uffered inwairment kjss. If any suth indi¢atitin 8xists, the reo)verat40 amount of the asset 18 •81imated in to determins extent of th impairment 1098 (rf arryl. 1A Stocks Stocks a stated at the of c4)st a1 estimated price kns $ts to cg)mplete arKI sell. Cost o)mpfWS direct materials and. where applible. 4Jirtt labwr r))sts and bhose overheads that have been irwed in bringirwJ the 8tots to their wesent localion and ¢xndrbon. ltsms hekl for distribution al no or Net realisabk value is the esb"mated sellirwJ w less es11le t>)8ts of £¥)mth and cL)sts to be 1.9 Cash and Gash •quivalerts Ca$h and cash equi8n Ind Lxsh in hand. deposrts trld at ¢21 with bank5, ¢ts short.temi liquid investments vth original matuth"e¥ of three month$ or less, aTrJ overdrafts. Bar overdrafts are sh V•ithin trniry in lthlilies. 1.10 Financial In8trum•nts The thanty has ¢1orted to appty tha Fyovisions of Secc 11 'Basic Finanoaal Instrum, Sectitin 12 'Oiher Finanoal Inthne IssL*8' of FRS 102 to all ofits financwl inStrunts. Finanoal assets and Iraknlibes a offyrt 7hith ts net w8serrted in the fin8nc¥al statem. when there 1$ a legalty errfowt4e right to set off the recognised arT¥)Urts and trwe is an intonllon to setde on a net basis orto realise the asset and selle the liability sirrnltaneow.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 A¢countlng policleB Iconllnuod) Basle financial ass•ts Basic finanaal as8ets. Indude detA and $h and b8nk balartas. 8 rnibaNy measured at transathon price incaudiro tsarath0n o)sts and are subseqLnty (3rri8d at anxNti8ed wst using the effective interèst method unless tho arrnngement conslitLrttis a financang tr¥9¢On, where the trantiOn is m8asured at the wet va8 of the lubjre rewpts digoxrted at a market rats of interesL Finawal a88ets Ba&c fiThan Ihibilibes, indudiny Ixedrtors and bank JoanB are inthlty rec(¥Jnised at transaction pn.ce unle88 th8 arrangèment constitutes a finantsry transacaion. the detrt instrument is rreasured at the pr•$¥nt Valuè of the thire payments dlstwny at a ma•t rnle of interest Finarwl Ikibrfities classified as payable thin one year are not arnortised. Trade creditors are Obligan$ to pay for gc)J$ 8e3 that have been aC4red in the ordinary cfjurse of opgrations from supplt•r¥. Arynts payat4e ar• da¥?1 as cawrent liatsles rf payment is ¢Jue Mthin one year or kss. If noL thoy afft wesented as fttsrrrrt abillbes. Tradt ryedrtOW3 are recognised ini11ty at transactn Price and 8ubsequenty maasurnd at amcrtised cy)st usirg the effe¢ve interest method. Derpcogniuon of ffnan¢lalliabililles Finanual lial41tbe3 are dereo)gnise¢J the (tsity's clj)tr oblgakn expire or are di8d)arged or cn¢eMed. 1.11 Employfj• b•n Temiination ben•ffts are recognised imndiatety as an expense the diafity is d8rrstrabty committed 1.12 R1Trt knneffts Payrrts lo defined ci>ntribuliu) rJ'rement benefft schemas ¥e ¢hawged as an 8xp8nge 08 thoy f¥ll due. Crftl¢al ccounllng astlm•to• •ThdJudg In tho appllcalion of the thariS ac£ounliNJ rrtJlKie5. the trust are wuired to mako judMènts, èstimates and assumpts"on¥ abJut the rry1r3 amount of a33ets aTrJ liakn"klies that arE not readity apparent from other are cy)nsi¢Jered to be relevant. Acu resLAts may drffer from Ihese estimates. asb"mates are recognised in thtr perirA in the estim*e is revised where the revision affects onty that periods.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 Don•tl4)n• ond l•gA¢l•• Total funds 2021 2021 2021 Donatiorts and Lega¢ies receiv80 34.24fj 139.807 12.000 46.246 139,807 116.859 173.556 174.053 12,000 188.053 20 2021 c8 fee8 14 Vnrobtrlcted Unreslri¢aed funds nds 2022 2021 Rerrtal in¢))me Interè8t r¢¢wv•ble 8.550 29 167 8.579 167 Total Unrestrided nds 2022 2021 N8t gain on disposal of t4ngil8 ed assets 178,587 10-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 Gharltatsle actlvtlle• 2022 2021 Staff costs Cost of sales 17,277 22,035 19. 16,656 39,770 2.360 5,930 2.054 IT and gquipThnt r))8ts Pnnting, statiorffj pctage Advertising Equiprnt htre Rewrs arKI m8ir)tènarK Insurance Bank charge5 arKI wrteregt Telephono Heat, light and p(yhw Other I gifts Staff travel Legal and professh)rAI fees Genefal expense$ 1.224 2,356 1,782 29,653 2.391 15 2.813 5,132 1.s26 503 2.1SO 1.000 2.034 374 1,055 20,500 1.325 18,358 626 85.000 141.179 Share Of9)¥8m costs {s88 nob 8) 85.600 141.179 An•tysl• ty fimd UnStrided fund$ RtrId funds 85.600 129,179 12,000 SUppt ¢o•ts 2022 600 600 Charitable adi¥iti8S 800 600 11-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 28 FEBRUARY 2022 The trustee5 all give fredy their exwtsse *AilI1 any fomi of remunefation or other benefft in Cash or kind 12021 - £nill. Expenses paid to the trustees in the year totaled £685121)21 - £nil). The8e expgnsgs ID Employ•o• 2022 Number Number 2022 2021 4.351 105 18,980 297 other penon u)8ts 4.456 17,277 11 othgr Total 2022 2021 816 2,274 3,090 12-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 12 T•nglble Ilx•d ouots Totsl At 1 Mw¢h 2021 176,0 52.530 228,530 At 28 February 2022 176,000 52.S30 228,530 Doprn¢i•tion *nd impairnwnt At 1 Marth 2021 52,530 $2.530 Al 28 February 2022 52,530 52.530 C•ftylng •mount At 28 Febfuary 2022 176.0(M) 176,000 At 28 2021 176.0 176,000 13 Stocks 2022 2021 7,403 9.606 2022 20 Amounts faHlng du• vAthth on• yw. 301 16 R••trl¢t•d fvnd• The income fund$ of thg tharity indude restrided funds CaJ)Wsl the fokning urExpended balances of donatiorA and grsnts hekl on trust for sp8ak wrpoges.. lkn•mont in fundB 8•lMK• at Irrt¢mlng Bal•nceat 20 2022 Prlson work 12.000 (12.lJXI 13-