Charlty reglstratlon number 267322 EMMAUS BIBLE SCHOOL UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023
EMMAUS BIBLE SCHOOL UK LEGAL AND ADMINISTRATIVE INFORMATION Mr M Gill Mr N Hartsmlge Mr J Heron Mr P Jonas Dr C Lancashire M[ARell MT S D Scamrnel (Appnted 31 January 20231 Charlty numb•r Prlnclpal addr 2&30 Larkhill La verpTr L13 9BR IndondnI èxamin•r Mf P J Barton FCCA Ground Floor 11 Manvers Street &41 1JQ Bonker Bardays Bank p 101 Whrtby Ro&1 Ellesmere P(Mt Cheshire CH65 OAD Sollcltor8 Butther & Barknw LLP 3 ROY Mew5 G*lbrook Pwk Northwch 7UD
EMMAUS BIBLE SCHOOL UK CONTENTS Pa Trustees, report Independwrt examinerts reF¥)rt Statement of finan B*n sheet Notes to finanaal StatTrents 7-13
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT FOR THE YEAR ENDED 28 FEBRUARY2023 The trustees prewt their annual rerx¥t finawal stm8nts forthe 28 Fery 2023. The finanrial ststements have been prepared in Ihe accounting Fdiags set out in r 1 to the financial statemerrts and compty the charttys Deed of Trust the Charibes Act 2011 and 'Amnting and Reports"ng by Chanties. Staternerrt of RecLJmmended Pra( ak¥)IicaiAe to thanbes Pparirng their acLOUnts In attordan wth the Finaw ReFth"rffJ Stsn¢lard aFf4tsble in ts UK Rèwblic ol Irèland IFRS 1021 (effective 1 January 20191" obl11¥e$ and athltlÈ¥ To a(fvance the evangelical CM"Sban farth ty •trJLshirvJ and maintsthiing centres to leach the Bible. by preparing Christs'8ns for Christian Se at home and abroad. ty issuing and conducting cA)rspor1n¢e course5 in Biblical and reled subjects either in book form or the interrrt by wlshig and dealing in Christian lrterature by womoty'n9 the Chnstian message and by swh olher mearts being chartsble as Tnjstees shall determine. To do such other things as shall t incadts1 cmJuciv to the atta"nmwrt of Ihe above obi6( and in parb"cular the folknw7ng.' To purthase, take on ltsa8e, fx in exthary. 're otherwise acqui any real OT personal property and any rights or privileges the Charity think necessary or o)rNa)ient for the promth.on of Tts objectives. and to construct, maintain and atsi any building$ or ererons rce5sary or L¥xNennI tDrthe wDrk ofthe Chanty. To sell. let rnortgage, ¢Jispose of or tum to 80x all or any of the property or assets of the Charity 88 may be thlwght èxpedient 8 viewto the promotsyl ofthe 04"e(Jives ol thts Charty. To vndeftske a)d ex&xrte ariy trLts may l&vfulty tt wthrtaken ty the Chaiity and moy be wThJu(ive to its objecbves. To borrow or raise money for the purFQ8e Of CN4rity vdjch lernis grJ on suth security as may be thought fit To invèst thè monies of the Charty Th)t irnmediately rewifed fDr rts wrwses in Ix up)n such investrnents secJJnts"es Of property as may be thought fft, but so that monies wbIt or repre5enb.ng propety subject to the jvrisdi(on of the Charity Gommissionèr5 01 England and Wales shall onty be irNested in SUL serthe$ and wth such sanebon (if any) as may for the time being ts pre8thW ty law. To estsblish and support or aid in estat4ishment arJ SLW)rt of any thar[rae asswation or Instituth"on and to subscribe or guarantee money for cl)arrtable purposes In way nnected tt)e purw)8es of the Chanty or calculated to hjrther rts obj'ecbw. To anCfr the evangdi¢ Chn"stian Fatth to Ihose to fath and tlkxe do not The twstees have paid regard to guKJarr2 isswl by tr* Charity cnmIssion in dldIng vknat activthes the tharity should undertak&
EMMAUS BIBLE SCHOOL UK TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 Achievements and pornnce Revlew of a¢t1vIe$ The sourang, designin9. pro(knI"rJ. print¢rrfJ, wtlishiThJ aTh1 wthir¥J of Bible SW MaalS conb"nuÈs to be the central acts'wty ol the Charity. The move to the offices has been o)rnpkte(I sucxtssfulty and the has 1)een a ol setming into the naw a(totnmodats"on. The new offices a helrxro lo Ihe tharibes obj'ects, and the addth.onal ffats acquired with the offices, have teen athJth"on rental irth7)e forlhe chanty. The ProSpeuS and the websrte are oMJtinuaty aTrJ LKIents can view 8rKI order (x)urses. vAth a grwng number av8il8tle online. We have a te8rn of vc4unteer tLrtors in ts Yth(KJl aThJ othèrs. vtho 4w)rk tnjrn home, vhKJrn we egn 1711 on as and when required. The charity is benefiD"ng frorn addtb.onal kner5 SUPWting the growth of the work. in the development ol addth"on81 cxJJ¥ses, paIadY for ChLen arKI teens. arbj in differ&tt ftxmats, induding web and audio visual. Our tyans to prcmotè the wyk of thè Chwity across ts cA)untry OtinUe vith a to intreang Ihe suptKJrt for the work. are athdy locing In ways of rai&rw the awaretws amorgst UK thurchèg #nd chrisb.an charities. Communmy B•nefit Through the free supFty of 8iNe • mati81. tCtyr WTth a ded¥c3ted personal trrtor, the Charity providès students with the means to ac£ess ethi¢zl and moral (xths for the indwidual and swety, provide guidance in lrfe. comfort in brnes ol sorrow. personal inspira1) to improve sell and help others. The Bible stu(Jy material deals with many of the issu&$ that peoF4e of all age5. nablIties, etmic and socyal backgroun¢Js fa on a day-l day ba818. Beneffts are evidenced in Ihè (Miments made by stu¢Jents and the many letters that we r1ve from Stents and IxAleagues old and new. Many w"soners and their tsrnilies find ptUP05e atvj meaning to their lives and a new resolve to ad in accordance ¥th the req15irements ol the I&v rdease and rnake reparatr.cm and 8 p05itr.ve contnbution to the soc4ety that they re¢gnISe thÈy have •. Variryjs prisons 8r# sited to condurt Bible 5tudie$ 8ThJ SUPF4y fvrther siudy materrals. sttYy materials used in the prison wortt are sent without tharge to Ihe user. In addrtiw a numtw of UK based chriskn.an or98nisats.ons and 0r5eaS based missionanes continue to Lwefft frcth the suptAy of &"t4e stLty rnater. Assistsnce Mas been gNen in tr"On and gru sbjdies ¢JyJLth4J to benefft thè Ea5tem Eurwean mmunity in the UK. opportunth.es are being sought to wowde materid tr thihjren irrto scknls in the UK and so increasin9 tharity benefits to 8 new 898 grwp. Financlal rwi•w F1 details of the financial transacbons a eorrtained in the attthd ac(ounts. Total incoming resourc8s for the year amtsunted to £45.860. ReSrS expended amounted to £111.032 gin9 a defvit of £65,172 forthe year. The net a&sets ofthe charity at 28 F8Lwuary 2tr23 were £.5&). The Trustees have re¥ve the Ch8rrty's n1s for reserves in line gLridance i55l by the Charity Commission and have jUd that there is need fc reserves as we do rnt have any ernoYees. The Trustees hav& intrtyje asses8rn wcthjures to the m4cf risks to whi(* the charity 18 expx)s¢d, th p8rticJJlar rati to the finarw of Ihe Tn
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT (coKllNUED) FOR THE YEAR ENDED 28 FEBRUARY2023 study 0)UeS vthh Pris Chat4ins aTh1 to seek ¢Ybfic of the coJrses so Ihat they woukl quality as p8rt of a 50nw's educalional requiremL F4an to pwtw WTth ci8nty, who Fwo¥ide supr)rt for prisoners who have engaged wrth wson, to fvtther SUFWt them r&8se ty assisb.ng wih awaroness of the ch8rity benefits to a Wider Chistian in the UK by attendirvj Christian eKhibths and Christian corrferenL& plan to seek tru*ees to ara extknMvJ ways of FvIding MrWDoM MrMGII MrN Hartrithje Mr J Hèron Mr P Jonas MrA Russell Mr S D Scammell 31 20231 Mr W Tn Dale=....-...
EMMAUS BIBLE SCHOOL UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMMAUS BIBLE SCHOOL UK I report to the trustees on rny examinalion of the fiCial slateMts of Emmaus Bit $thC¥ UK Ithe charity) for thè year endéd 28 FetKuary 2023. Respon8ibllltits and basls of report As the trustees of the tharty you are respcffisit48 tDr the prepm of the finar¥ial st8tem)ts aoxrdarKe th the requiremwrts ofthe Charities Ad 2011 (the 2011 Act). I report in respecl ol rny examrn8b.on of the tharty's finanaal statements ¢arried out under section 145 of the 2011 A(1 In carrying my exarninab.on I have folkFrtl au the th"recbons given by thè Charity Cornmission under saLon 1445llbl of the 2011 Ac Indgpandent examSn•¢$ stat•mé Your aitention is drawn to the fact that the tharty has prepared finanrial statements in a{rA)rdan with Accounting and Retx)rb'ng by Charities pweparing their a(xJ)unts in 8cr£Jrdancè wilh the Finanaal Reporting Stsndard ap1¢abl& in the UK and RepLknlic of Irdand IFRS 1021 in preferen to the AcJxJunts"ng and Reporb'ng by Charibes.. Statèment of Rrnmended issued on 1 W"12W5 is refefred to in the extant regulations but h8s now been withdravm. understand that this has been dore in order ts financial slatements to twovidè 8 true and frdir view in accordan wih GeneraltyA¢rnpted knNing Prath"ce effecve for rewtiThJ peiKKts beginning on OT aftèr 1 January 2015. I have rAJmpleted my examinab"on. l ¢)Jnfifm Ih81 no rnatters have comè lo my attents.on in connethon ¥Mth the examination giving me cause to llve that in any rnaterial resm". acc(HJnting records were rw)t kept in respeu ofthe tharity as required by se¢bon 130 ofthe 2011 Act,. or the finanaal statements do not a(xx)rd with trK)se records." or the financial ststernents do not coMY the appliCae requirements conMIng the fom) and content of accounts set o(rt in the ChanDes (Accounts and ReFK)rtsi Regulab"ons 2(M)8 other than ary requirernent that the accwnt5 gwo 8 true and fair vA)ith is not a matter considefed as part of an Indepèndent examinabon. I have no concerns and have corne au0&8 other mattw5 in Connec vAth Ihe examinabon to which attention should be drawm in Ihis report in order to enable a proper understanding of finanaal statsments to bè reached. ART Acuvntant5 Limited Ground Floor 11 Manvers Street Bath BA11JQ
EMMAUS BIBLE SCHOOL UK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2023 UnfeSt¢t91 unresteted funds funds 2023 2022 Donats"ons and legaaes Investments 38.939 6.ty21 173.556 8.579 Total income 182.135 Chantable acb'vibes 105.112 85,6CxJ 5.g20 Totsl xpendiiure 111.032 Net lexpenditurelflncom• for Ihe yearl Net movement In lunds 165.1721 93,445 Fund l)alarKe8 at 1 Marth 2022 601.732 508,287 Fund balanc•8 at 28 F¥bru•ry 2023 536,560 601,732 The ststement ol financial a(JMb"es indudes all gains and losses rwnised in year. l in(x)me ar expenditure dw¢ve from a)nbrwiThJ ac"vNies.
EMMAUS BIBLE SCHOOL UK BALANCE SHEET AS AT 28 FEBRUARY 2023 2023 2022 Flxed assets Tangibte assèts 11 178.(IXI 176,CKJO Current ass•ts Stocks Debtors falling duè 8fter one year Debtors falling due within one year Cash at bank and in hand 12 13 13 7.760 2,(3 301 418,028 152.eiN) 425,732 Net current assets 425.732 Totsl assets current IlabllStlÈ8 536,560 601,732 Income funds Uarestricted fvnds 601.732 536,560 601.732 The na cial ststernents knEre approval by the Trustees 1119113 Mrw Trustèè Mr Jonas Tru#toe
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY2023 A¢coub)tlng poll¢ie8 Chadty infornon Emmau$ Bible SC UK ia un¢atY b(xty whose y)verrMng dor#Jment 1$ a Trust Deed.. 1.1 Accountlng eonvention The finanoal statemènts have been rw8rÈd in accordanr the chanvs Igoveming dooJm8nti, the Charitses Act 2011. FRS 102"The Financial ReFK)rb"r•J Standard appliratAe in the UK and Republic of Iland. CFRS 102.1 and the CharTbes SORP "AccountirrtJ and Reporlin9 by Charibes". Sternent ol Recotnmended Pradice a0ble to ChareS pieparirvJ their accounts tn aco)rdance vAth the Finanual Rep)rb'ng Standard appliCae in the UK and Repu1¢ of IrdaThJ IFRS 1021" leff&the 1 January 20191. Thè charity is a PUN Benefit Enbty as defined by FRS 102. The d)arty has taken thantage of in the SORP for drIti.e9 to prepare a Stemenl ol Cash Fbjws. The finanoal statements have depOrtj frorn the chanb.es (Acccyjnts and Retxytsl Regul8b"ons 2008 only to the exient required to wowide a Inje and lair ew. This departu ha5 invdved fdlMng the Statement of Recommènded Practi for tharibes apth'ng FRS 1ff2 rather than the version tsf the Statement of Recommen(le(I Prth tef[1 to in the Règulations has tsin teen vAthdrown. The financial statements are prepared in sierlirYJ. is the tuncb'onal (rrencY ol the chanty. Monetary amounts in these finanad slatem&)ts are rounded to the [e$l £ 1.2 Going concern Al the b.me of apwovirrtj the finanoal ststements. the trustees have a reas(xpiAe expectab.on that the charity has adequate resources to cJ)ntinue in operational existence ts the foreseeaWe future. Thus the trustees conb.nue to a¢knpt the w.ng Lx)rK¥n tws ofac£Oting in wepariThJ Ihe flnarwl Statemen 1.3 Chatable funds Unrestricted ndS are avaiL8trAe for use at t'Euelion of the trustees in fiJrther8nce of their charitsble objectives. RestrKXed fvThJs are subJ'eL# to spJfic c(Xthi by ¢$)s as to hrhv they may used. The purposès and uses of tha restric fvnds arè sot (Krt in the Th)tes to the finanaal statements. EndThrt fiJK15 are subJ.W to speafic ty dc)ors that the captsl must be maintsined by Ihe charity. 1A Incom• Income is recognised VrI the thanty is entilled to it after ary perfornian nditionS have been met. the amount5 be measured rdi8bty. and it is probable Ihat irome will be recaved. Cash donab.S are rerngnis&J C Other rJ)nats 8Te recojnised onc2 Ihe charity has been nob'fied ol the donatyon. unless perfofmance coThJib"ons require deferral of the amcyjnt. Inctsme tax reCoVerae tn lation to donabons received under Gift)d or deeds of c¢¥enant is recy)gnised at tr time ol the donation. Legaaes are rewgnised on receipt or othewse rf the thwity has rKJtyfi of an irnpendin9 distribubon, the amount is known. arnj pt is exF*dwl. If the amnI Is not kno, Ihè legacy is treated 88 a contingent asset
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 A¢¢ounllng poII¢i•• (contin1> 1.5 Expendre Liabilities are re161 as sc)n as1 is a legal or ¢£strU¢Ve oblalion oJmmitbtvJ the charity to pay out resour$. 1.6 Tangibl• fixtd assets Tangits fixed assets are inthlty measured * o) 0Th1 subw4Wrtty meawred 31 valuaticn, net of depreaabon and any impaifment ktsses. Depreaation is recDgnised so as to write off the r16t w ¥altion of assets less "1 wdual values over their useftjl live8 on the following b88eB: Freehold k8nd and building8 Fixtures and fftbngs 25% reducirrfJ baLaTh The gain or loss aristng on the di¥x)sal ofan asset is determined as the dfflence between the sale prOJ$ an¢J the carrying value of the asse( and is rwniséd in the Statemtt of finanrAal activiti'es. 1.7 Impalmwnt of fix a890ts At each portirj end date, the charlty wews the carrying amounts of its tsn9lb assets to detemiine whether therè is any 1ndit>b. that thosè awts have suffer&J an impairrnent loss. If any such indirAb"on exists, the recoverable amount of the asset is ests"mated in or(Èr to determine the extent of the impairrnent k)s8 anyl. 1.8 Sto¢ks Stocks are stated at the fcmw tsf tost and ÈSlirn8ted selbng pri less cx)sts to cornete and sell. Cost compnses dirett matellals and. vthere ap1¢able. direca labour o)sts and those overtTreads that have been incAJrred in bringing the stoths to thwr present bcation and conditi. Items held lor disth"bub"on at or norninal consideration are measured the low ol reF4acement (x)st ar¥J )sL Net Tealisable value 1$ Ihe 95b"rn8l sellirg wice kn al estimated costs of o)mtAÈb"w and (x)sts to be incurred in markets'ng, sdliThJ and dislriLyJbon. 1.9 Cash and ea•h 4ulv•l¢nts Cash and cash equivalents induda cash in hand. ¢JeiK)sts hekl at rall wth banks. other short-term liquid investsnents Wh original matunDes of three m¢yrth5 or less. and bank overdrafts. Bank overdrafts are shown thin borrowngs in ojrrent Ikililies. 1.10 Flnanclal Instruments The charity has etecied to apply prowsions of SKtion t1 'BaS Finanaal Instruments. an¢J Ssthon 12 'Other Finan¢ial Instrurnents15sues' of FRS 102 to all of its finatMial instruments. FIn8n(i instruments are recwised in the tharivs bal( slet Wh the ¢Jwity tecomes party to the contra(ual provisions ol the instrum Financ4al assets and l1atsl.eS are offset. wth the amwnts txesented in the finanoal statements, vknen the is a legal enforale right to set off Ihe re(x)gniY arnou¢ts aTrJ tr*re is an Inten1K to 8etUe on a net basis orto reali5e tne asset and setde thè lia"[ simUleOuS.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 Aeeounting poll¢l88 IContlnued} Basic financlal assets 8asic financial assets, ¥th Indje debtors and cash and bank balan. are inth.alty measured at transathon pni% induding transa("on $t5 arky are gjbsequènty ¢2rried at amorb.sed ¢J)st usng the effective interest method unless arraThJement cCSjteS a finaTh)n9 trans8("on, where the transacon is rneasured at the kyesent value ol the ftjlU reiptS discounted at 8 market ratè ol Interest Finanaal assèts daswfted as Tgxvat4e thin one year are amth"sed. 8•si¢ flnanclal liathlifyos Ba&c finanryal liabilities, induding (xethtors and bank loans are initialty renised al tr8nsacaion pn.ce unless the arrangement conth"tutes 8 financAro trantiOn, vknere the ¢Yebt instrument is MeasUd at the present Value ol the future payrnents discourt at a market re of interest Finan0 Ii8tM'ITbe5 dassifi8d as p8y8trAe vAthin one year are not amorb"sed. TTrde credrtNs are ot4igatss to pgy fy wds or Servi have teen aCqred in the ordinary couysè of operations from suppliers. Amounts paYae are da5fied as ojrrent liabile$ rf payment is due wthin one year or . If not. they are presented as rK)rjr¥ent liatA"1.és. Tiade ueditors arè rè¢ognised initially at transacb.on pri( atKI sSeqU measur&J at arnorbsed cost using the effeth've interest rnethod. D•tscognttl¢¥n Offft1al liabllitss Finanoal liabi1th8 are derecc¥Jnised wn the tharity'$ (xMr•knl otAigabons expl or a dischargeA or cancelled. 1.11 Employee beneffts The cost of any unused hc4iday kn1¢nI is recOlSed in Ihè [XI in the emrAoyee's serwces are eived. Temiin"on beneffts we recognised imm• as an expense when the tharity is d&nonstrabty Crnrtte to terminate the emoyment ofan employee C to FThl"de termination benefits. 1.12 Retlrement b8n•fits Payments to defined contrtbub.on l'rement t*nefft s(kn are tharpj as an expew as they fall due. CrStlcal accountlng ostimates and Judgonts In the 8ppIi(3tion ofthe thatrty's Wiues. the tsustee5 are required to make jLJdgernents. estimates and assumpt.ons 8tx)ut Ihe caryirrfJ amount of assets 3r¥Y 1kabilth.es that are not readily apparent frtsm other sources. The estirnates and asswated assuMpb"3 are based on histoftcal exrRrience and other fathts that are cored lo be relevant Aclual results may drffer from th ésts"m8tes. The esb'rnates and undetying assumptscS ae revieAEd on an orKJorng b8Si5. Revisions to accounting estimatès are recogrrised in Ihe pen1 in which the esbmate is mised vknere the rewsion affects only that peri¢yJ, or In wricKI of the revisiC and ftstu(e Ihe remsion affects l)oth ojrrent and frjture periods.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 Donatlons and kga¢ie¥ Unrestrlcted Unrn¥tri¢ted funds fund¥ 2023 2022 DonatH)ns and gifts Legaaes receivat4e 58,697 116,859 38,939 173,556 Unre5tricte(l UnrtrICted funds funds 2023 2022 Rental i)rne Interest reCeiVae 6.775 146 8.550 29 6,921 8.579 10-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2022 Charllablo activiti 2023 2022 Staff costs Cost ol sales Labour costs IT arKJ equipmÈnt sts Printing. stsb.8ry and p05tag8 AdverDsing Repairs aThY maintenan Insurance Telephone Heat, light arKI Frf)wer otherl gifts staff travel Legal and prOfe"on81 fees General expenses 15,166 63,682 1,704 6,041 16,856 39,TlO 5,930 2,054 5,132 1,526 503 2.150 1,000 2,034 374 1,055 2,320 1,352 442 1,701 3.019 249 104.512 Share of veMan ts[See Thjte 61 105.112 85.600 Support costs Support Go¥eman¢e costs 2023 2022 Aco)untsw arKI IrbJepeTh1&rt Examination Analysed betsv Charrtae 8(XMts"es Governan cots indth payments to the ir¥jep examiner of £flXI. The trustees all give treety 11)w'r time and exrtsse WTthoLrt any fonn of remuneralw OT Other banefft in cash or kind 12022 - £nill. Expenses paid to thè trustees in the year totslkd £4412022 - £6851. These expenses were for 1 trustees and we lor Ihe feimtrtjrsernent oftravd expenses. 11
EMMAUS BIBLE SCHOOL UK NOTE S TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 Employeea The average monthty number of emoYeeS duriThJ the wa8.. 2023 Number 2022 Nurnber Total Employment ¢06ts 2023 2022 es and salaries Other pen cosis 4,351 105 4,456 There here no anoYeeS whose anrwjal remuneration was moTe than £60.(£¥J. Unrnstrlet•d unrestn.cted nds 2023 2022 Rental seThice charyes Renial maintenano expenses 816 2,274 5,056 5.920 10 Taxation The tharrty is eXnpt from tax on aThY gwns falirrfJ wlhin 8ecbon 505 ol the Taxes Ad 1988 or 8ection 252 ofthe Taxth"(ml Chargeat4e GainsAct 1992 to Ihe exiwtt that these are aF¥ll to rts charitae objects. 12-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2023 11 Tanglblg flx•d a580ts FraAhohJ Fthrets and and bulldin rrttings Tgtsl Cost At 1 Marth 2 176,CO) 52.530 228,530 Al 28 February 2023 176.LXXI 228.530 Dopreclatlon #nd Impalmwrt At 1 M8rch 2022 52,530 52.530 At 28 FetNuary 2023 52.530 Canylng amount At 28 February 2023 176.IMI 176,000 At 28 February 2022 176,(1 176,CKIO 12 Stoe 2023 2022 Raw materials maLleS 7,760 7,403 13 Debtorn 2023 2022 Amounts lallin9 due *lthln one year. Other debtors 301 2023 2022 Amounts falllng aft•r more than on• y•ar. Total debtors 301 14 Relat•d party trdn8aetlon¥ 13-