Charlty registratlon nurnber 267322 (England and Wales) EMMAUS BIBLE SCHOOL UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
EMMAUS BIBLE SCHOOL UK LEGAL AND ADMINISTRATIVE INFORMATION Mrw Drhvns MrlAGi Mr N Hartridge Mr J Heron Mr P Jonas Dr C Lanh1 Mr S D Scammell Mr T J Mr A B Grffiths IAkvThnted 11 March 20241 IApw"ntèd 3 June 225) CharFty number 267322 PrSnclpal addr 2) LJkhill La L13 9BR Independent •xamln•r Mr P J Barton FCCA ART Antants rnited GUnd Flo 11 M8nver8 Street BA1 1JQ Bankers Bardays Bank 101 Road Ellesrnere Pcrft Cheshire Solicltors 3 Royal Mews Gadbrook Park 7UD
EMMAUS BIBLE SCHOOL UK CONTENTS Page Trustee3' report Independent examintrs rewt Stslement of finan(aal activibes Balan sheet Notes to the finaniial sL*ements 7-13
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT FOR THE YEAR ENDED 28 FEBRUARY2025 The trustees present their annual report and financial statements for the year ended 28 February 2025. The finanaal ststements have been prepared in accordance with the accounting policies set out In note 1 to the finanaal statements and comply wth the charitys Deed of Trust. the Charities Act 2011 and 'Accounling and Reporting by Charities: Statemenl of Recommended Poth"ce applicable to charities preparing their accounts in accordance wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) leffe¢ttve 1 January 20191.. ObJeetlv8s and actlvlties To advance the evangelical Christian faith by establi$hing and maintaining centres lo teach the Bth)le, by preparing Christians for Christian service at home and abroad, by issuing and conducting correspondence courses in Biblical and related subjects either in book form C wa the internet. by publishing and dealing in Christian Ir(eralure by womoting the Christsan message and by such other means being tharitatAe as the Trustees shall determine. To do such other things as shall be incadentsl or (¢)TrJucive to attainment of the above object and in particular the followtng.. To purchase. tske on lease, or in exchange, hire or otherwise acquire any real or personal propety and any rights or privile$ which the Charity think neSSary or convenient for the promotion of its objectives, and to construct. malntsin and alter any buildings or erections rcessary or clVenient for the work of the Charity. To sell. kt, mortgage, dispose of or tum to ac(>)unt all or any of the propety or assets of the Charrty as may be thought expedienl with a view to the promotion of the obJeth've$ of the Chanty. To undertake and execut8 any trusts Vthich may lawfrJlty b8 undertaken by the Charity and may be conducive lo its objectives. To borrow or raise money for the puw ofthg Charity on such temis and on such srity as may be thought fit. To invest the monies of the Charity not immedialely required for its purposes in or upon such investments securities or propety as may be thought fit. but so that monie$ subject or repsenting propety subject to the jurisdiction of the Charity Commissioners of England and Wales shall only be invested in such SerIbeS and wth such sanction lif any) as may for the lime being be presuibed by law. To establlsh and support or aid in the establishment and support of any charitable asswation or institution and to subscribe or guarantee money for eharitable purposes in any way connected wth the purposes of the Charity or calculated to further its objectives. To advance the evangelicd Chrislian Faith to toth those vtho belong to the failh and those who do not. Public bener The tru*ees have paid due regard to guldance issued by the Charity CcAnmission in deading %that activities the charity should undertake.
EMMAUS BIBLE SCHOOL UK TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Achlovgments and p•rforn)an¢e actwiligs and achievements 8g81nst obrnes Revlgw of activltles The souicing, designing, prcKlucing, printing. publishing and supp"ng of Bible stuty materials ccffltinues to te the enlral actiwty of the Charity. The move to the rw offices has been completed successfvlly and there has been a period of settling into the new accommodation. The new offiS are helping to fuffil the ¢haritses objec1$, arhd the additsonal fiats acquired wth the offices, have been 0¥1dlng addob'onal rental income ftjr the thanty. The Prospectus and the websrte are continually updated oThJ students can view arKI order courses. a growing number available online. We have a team of volunteer tutors who work in the School and others. who work from home. whom we can call on as and when required. The chartty is benefiting from addthonal workers supporting the growth of the work, in the development of addonal courses. particularty for children and teens. and in different formats, including web and audio visual. Our plans to promote the work of the Charity across the country ntInue wth a view to increasing the sypport for the work. We arg actively looking into ways of raigng the awareness amongst UK churthes and Christian charities. CommunEty 8enefft Through the free suppty of Bible study material. together wilh a dedicated personal tutrK, the Charity provide3 students the means to actess ethical and moral codes for the individual and society, which proifide guidance in life, comfort in times of sorrow, and personal inspiration to improve self and help others. The Bible study material deals with many of the issues that peOe of all ages, nationalthes, ethnic and soaal bad(grounds face on a day-tt> day ba51S. Benefits are evidenced in the comments made by students and the many letters that we receive from students and colleagues old and new. Many prisoners and their families find purpose and meaning lo their lives and a new resolve to act in accordan¢e wilh the requ1ments of the law on release arKI make reparation and a px)siliv8 contribution to the society that Ihey recognise they have wronged. WdriOU5 prisons are visited lo cL)nduct Bible studies and suppty frJrther sludy materials. Al study materia15 used in the prison work are sent thOut charge to the user. In addition a number of UK based Christian organisalions and overseas based missionaries continue to benefft from the Suppty of Bib stuty material. Assistsnce has been given in tranatIon work and group sluds condLKted to benefft the Eastem European community in the UK. OpportLtnilies afe betng sought to provide material for children into scho3 in the UK and 80 increasing chanty benefits lo a new age group. Flnanelal revlew Full details of the financial transactions are contsined in the attached a¢xounts. Total InMIr resources for the year amounted to £61.587. Resources expended amounted to £110,959 giving a deficrt of £49.372 for the year. The nel assets of the charity at 28 FeUary 2025 were £436.817. Reserv8s polity The Trustees havè reviewed the Charity's needs for reserves in line with guidance Issued by the Charity Commission and have ¢onduded that there is need fr)r reserves a$ V* do not hav& any employees. Maiorrisks The Trustees have introduced assessment procedures to identify the map)r risks lo 1¢h the charity is exposed, with particular relation to the finances of the Trusl.
EMMAUS BIBLE SCHOOL UK TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 Plan$ for futurn periods We plan to expand the work in prisons by apwinting a charty representative who can promote the use of our Bible study courses with Prison Chaplins and lo seek cerbficakn.on of the courses so that they would qualify as part of a prisoner's educational requirement. We plan to partner wth another charity, who promde $upport for prisoners who have engaged wlh our courses in prison, to thJrther support them pr8dically on release by assisting with rehabilitation, a0MmOdation and training in Bible studies and life skills. Wthin the general population we w8nl lo increase the range of our courses and develop material that wll complement our courses that can be used by tho$e who are socially isolaled and unable or unwlling to attend mainstream Christsan services. We plan to raise awareness of the charity benefits lo a wider Christian audience in the UK by attending Christian exhibitions and Christsan conferences. We plan to seek new trustees to strengthen the board. We are exploring ways of providing Bible leaching. based on our materials. al our offices. StructUrn* governance and management The charity is established under a Deed of Trust The Irnslees served dunng the year and up to tho date of signature ofthe finanoial Statements were.. W Downs Mr M Gill Mr N Hartridge Mr J Heron Mr P Jonas Dr C Lancashire Mr A Russell Mr S D Scammell Mr T J Mitchell AB Griffiths {Resigned 3 June 2025) {Appoinled 11 March 2024) (Appointed 3 June 20251 Recwftment 8nd appoinlment of InJstses 00anisatnal SIntU The day lo day activkties of the chanty are managed by the Twstees and its $cthI director. The Trustees meet quarterly each year with addition meetings as required. The ees, report was tpprove(I by the Board of Twstees. Trustse Date..
EMMAUS BIBLE SCHOOL UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMMAUS BIBLE SCHOOL UK I report lo the trustees on my examination of the ffinanc4al stslements of Emmaus Bible School UK ¢he charity) for the year ended 28 February 2025. Responslbllltles and basls of report As the trustees of the charity you are responsible for tho preparation of the financyal Statements in ardance wth the requirements of the CharitsesAct 2011. I report in respect of my examination of the charl$ financial ststements Carried out under section 145 of the Chanties Act 2011. In carrying out my examinatson I have foll¢)wed the Directions Ven by the Chanty Commission under section 14515}Ib} of the Charitses Act 2011. Independent examlnets statement Your attention is drawn lo the fact that the charity has prepared the financaal statements in 8CLordance with the relevant version of the Statement of Recommertded Praciice applicable to charities preparing their financial slalements in accordarbce wth the Finanaal Reports"ng Stsndard applicable in the UK and Republic of Ireland IFRS 1021 in preferen to the Accounting and Reporting by Chanties.. Statement of Recommendefj Prath'ce issued on 1 April 2005 which is referred to in the extsnt regulations but has now been wtihdrawn. l understand that this h88 been done in order for the financial statement5 to a true and fair vlew in accordance ¥Yith UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no Matte have come to my attention In eonnection wth thè examination giving me cause to believe that in ary materid respe(#'. accounting records were not kept in respect of the charity as required by section 130 of the Charibes Act 2011. the financial statements do not accord wilh those re¢ords'. or the finanaal ststements do not comply wth the applicable requirement5 conceming the forni and content of finanaal statements sel out in the Chartties (Accounts and Reports) Regulations 2008 other than any requirement that the finanoal statements give a true and f&"r vivw. is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection Yth the examination lo which attention should be drawn in this report in order to enalle a propèr understanding of the financial statements to be reached. Mr P J Barton FCCA ART Accountants Llmltsd Charter•d Certm¢d Accountants Ground Floor 11 Manvers Street Bath BA1 1JQ Dale..
EMMAUS BIBLE SCHOOL UK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2025 Unrestrlctod Unrnstrlcted funds funds 2025 2024 NotOS Income fn>m: Donations and legaues Investments 52,167 9,420 39,575 9.523 Total Incom• 61,587 49.098 Expendlture on: Charitable activities other expenditure 109,499 1.460 97,916 1,753 Total expendlture 110,959 99,669 Not expendlturo and mov8m?nt In funds (49,372) 150,571) Reconciliatlon of funds: Fund balan at 29 February 2W24 485,989 536,560 Fund balancès at 28 Fobruary 2026 436.617 485,989 The statement of finanual actr'vitses indude5 dl gains arKI h)sses recognised in the year. All income and expenditure derive from eontinuing activthes.
EMMAUS BIBLE SCHOOL UK BALANCE SHEET AS AT 28 FE8RUARY2025 2025 2024 Flxod a$s•ts Tangible assets 11 176.000 176,000 Current assets Stocks Debtois falling due after one year Cash at bank and in hand 12 13 6.501 200,¢XIO 54,116 7,91 S 200,000 102,074 260.617 309,989 Net current assets 280.617 309.989 Total aets less current Ilablllties 436,617 485,989 The fund$ of the charlty Unrestricted funds 14 436.617 485,989 436.617 485,989 io {* Its The financAal statements were approved by the trustees on ......................... W Downs Trustse Mr P Jonas
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Accountlng pollcles Charlty Infomiatlon Emmaus Bible Sehool UK is an unIncLvp(ed body whose gM)veming document is a Trust Deed.. 1.1 Accountlng conventlon The financAal statements have been prepared n accordan wilh the charivs goveming document, the Charities Act 2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. fFRS 102? and the Charttses SORP 'Accounting and Reporb'ng by Charities.. Stslement of Recommended PractieÈ applicable to charitses preparing their accounts in accordance with the Financial Roporting Standard applicable in the UK and Republic of Ireland (FRS 102)- {effective 1 January 20191. The charity is a PUtlC Benefft Entsty as defined by FRS 102. The charity has taken advanlage of the [wvion5 in Ihe SORP for chttie$ not to prepare a Stathent of Cash Flows. The financial statements have departed from ts Charibes (Accounts and Reports) Regulation$ 2008 only to the extent required to provide a true and fair wew. This departure has involved followng the Slalemenl of Recommended Practice for charities applying FRS 102 rather than the version of the Ststemenl of Recommended Practice which is releed to in the Regulations but which has sine£ been &thdraWn. The finandal statements are prepared in sterling, vthich is the TurLi0nal ojrrency of the chanty. Monetary amounts in these financAal statements are rourKled lo the nearest £. 1.2 Golng concern Al the lime of approving the finonaal Statements, the trustees have a reasonatye expeciation that the charity has adequate resources to continue in operab.onal estenCe for the foreseeable future. Thus the tntslees continue to adopl the going concem basis of aecountiThJ in kyeparing the financial statements. 1.3 Charltable funds Unreslrict9d funds are available for use at the disu&icffl of thè trustees In fvrtherare of their charitable objectives. Restricted fvnds are subject to speofic corKlrtions by donor5 or grantors as to how they may be used. Tho purposes and use5 of the restricted fijnds a set in the notes to the financial statements. ErKlovmient lurKl$ are subjec to SFeufic ccnjrtsons by that the eapital mu81 be maintained by the charity. 1.4 Income Income Is recognised when the charity is legalty entiued to il after any perforynance nditionS have been met. tho amount5 can be measured reliably. and it is probable that income thryll be received. Cash donations are recognised on receipL Other donations are recognised once the charity has been notified of the donation. unless performance condthons requi deferral of the amount. Income lax recoverable in relation to donats.ons reiVed under Gfftd or deeds of venant is recognised al the time of the donation. LegacSe8 are recogni8ed on reipt or otherwise rf the charity has been notified of an impending dtslribulion, the amount is known, and reipl is expected. If the amount is not known, the legacy is treated as a contingent asset.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Accounting pollGles {Contlnued) 1.6 Expendlture Liabilibes are recognised as won as there is a 1ggJ or eonstrudive oblation committing the charity to pay out resources. 1.6 Tanglble flxed assets Tangible fixed assets are InallY measured al cost and subsequenty measured at cost or valuation, nel of depreciation and any imp&rnienl losses. DeprecAation is recL%Jnised 80 as lo wiite off ts cost or Valuation of assets less thgir re8Idual values over their usefvl l¢ves on the followng bases: Freehold land and buildings Fixtures and ffttings Not depreaated 25% reduang balance The gain or loss arising on the disposal of an asset is detemiined as the differen betsveen the sale proceed5 and the carrying value of the asset. and is recognised in the statement of finanaal activitie5. 1.7 Impalrnient of flxed assets At eath reporb.ng end date. the charity reviews the caThying amounts of its tsngible assets to detemine whether there is any indication that those assets have suffered an impairrnent loss. If any such IndatIOn exists. the recovorable amount of the asset 1$ estimated in order to dotemiine the extent of the impaimient loss lif any). 1.8 Stocks Stocks are st*ed at the lower of cost aTrJ esbmaled Selling price 1088 costs lo complete and 11. C081 comprises direct materials and. where applicable. direct la)ur eosts and those overheads that havo been ineurred in bringing the stocks to their present location and CondOn. Items held for distributs.on at no or nominal con&deration are meafdJred the k)wer of re[lament cost and cosL Net realisable value is the estimated selling price less all e5timaled costs of Completion and costs to be InrTed in marketing. selling arNI distribuiiLN). 1.9 Cash and cash equlvalents Cash and $h equivalents indude cash in hand, deposits held al call banks. other short-tem liquid investments wth original maturitres of three months or less. and bank overdrafts. Bank overdrafts are shown thin borrongS in current liabilbties. 1.10 FlnanGlal Instruments The charity has elected to apply the provisions of Secti¢)n 11 'Basic Finawal Instruments. and Section 12 'Olher Finanual Instruments 1s5u8s' of FRS 102 to all of its finaal instruments. Finanaal instruments are recognised in the ¢thariiYs balan sheet the tharity becomes party to the contractual provisions of the instrument Finanaal assets and liabilities are offset, Iwth the net amounts presented in the financial ststements. en the 18 a legally enforceable right lo sel off the recognised amounts ar there is an intention lo settle on a net basis or to realise the asset and settle thelsability wmultaneousty.
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 AGGountlng pollcles (Conllnuedl Baslc financlal assets Bassc financial assets, whith indude debtors and cash and bank ban, are initially measured at transaction price including transaction costs and are SLtbsequenlly carrbed al amorti5ed cost using the effective interest method unless the arrangemenl tnStitUteS a finanang transacts'on, where the transaction is measured al the present value of the ftrture receipts discounted at a mart(et rate of interest. Finanaal assets classified as receivalAe thIn one year are Tr)t amortt"sed. Basic financlal Ilabllfti•s Basic financAal liabllhies, induding creditors and bank loans are initially recognised at transaction price unless the arrangernenl constitutes a finanung transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of inlerest. Finanual liabilities dassified as payable within one year are not amortised. Debt instwments are subsequenty carried al amortisèd cos( Un5 the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin ¢ourse of operations from suppliers. Amounts payable a dassified as current liabile$ if paymenl is due within one year or less. If not, they are presented a$ non<urrent liabiltties. Trade CrlIOrS are recognised initially at transaction price and Jbseq¢nUY measured at amorts.sed cost using the effectlvo interest method. Derecognltion of financlal liabilities Financial liabilities are deregnised when the chari$ contra(lual obllgations expire or are discharged or cancelled. 1.11 Ernployee beneffts The cost of any unused holiday entiuement is recognised in the period in vthieh the employee's services are received. Temiination benefits are recognised immediately as an expense when the charity 18 demonstrably committed to temiinate the employment (rf an employee or provide terminat benefits. Crltlcal accountlng estlmat8s and Judgements In the application of the charivs accounting poliaes. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabileS thal are not readily apparent from other sources. The estimates and assoryated assumptions are based on historical experience and other factus that are considered to be relwant. Actual results may differ from these estimates. The estimates and underfying assumptions are reviewed on an ongoing basis. Revislons to accounting eslimales are recognised in the period in 1¢h the estimate is revised where the revision affects lY that period, or in the period of the rovision and firture periods vthere the revision affects both current and future peri¢)ds. Income from donatlons and lega¢l6s Unrestrlcted Unrestr]¢ted funds funds 2025 2024 Donations and grRs 52,167 39.575
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 In¢om• from Investments Unre$trlcted Vnrestrlcted funds funds 2025 2024 Rental income 9,420 9,523 Exp*ndlture on charftabl• adlvltl8s Charftsble actlvltie5 2025 Charltable actlvltles 2024 Dlrect costs Cost of sales Labo¢Jr ttjsls IT and equipment costs Printing. ststionery and postage Advertising Repairs and maintenance Insurance Telephone Heal, light and power Other I gifts Staff Travel Legal antj prOfeSonal foes General expenses 23,878 64,449 152 8,578 3,502 1,480 1,423 455 2,100 15.929 61.256 1,818 6.324 3.636 1.881 1.424 446 1,456 725 2.326 2,178 530 144 65 108,869 97,286 Sharo of support and govemance costs {$ee note 61 Govemanco 630 630 109,499 97,916 Anatysls by fund Unreslricled funds 109,499 97,916 Support costs allocated to •ctlvltles 2025 2024 Govemance costs 630 630 Anatysed botvfftn: Charitable activities 630 630 10-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 Trustees The trustees all grve freety their tlme and expern.se *rythoul any form of remuneration or other benefit in cash or kind12024- £nil). Expenses paid to the trustees in the year totalled £nil {2024- £nil}. Employ The average monthty number of employees during the year was.. 2025 Numbèr 2024 Number Total There were no employees whose annual remunerati was more than £60.000. Other Unrestrlctsd Unrestricted funds funds 2025 2024 Rental semce charges Rental mainlenarKe expenses 1.460 1.568 185 1.460 1,7S3 10 Taxatlon The charity is exempt from taxalion on its activitw because all its income Is awlied for charitable purposes. 11
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 28 FEBRUARY2025 11 Tanglble fftx assots Froohold land Flxtur05 and and bulldlng8 ttin95 Total Cost Al 29 February 2024 176.0¢]0 52.530 228.530 Al 28 February 2025 176.000 52.530 228.530 DeprlatIon and Impalrnient Al 29 February 2024 52.530 52,530 At 28 February 2025 52,530 52.530 Carryln9 amount At 28 February 2025 178.OlXI 176,000 At 28 February 2024 176.000 176.000 12 Stocks 2025 2024 Raw materials and consumables 6,501 7.915 13 Debtorn 2025 2024 Amounts falllng due aftèr morg than one year. Other debtors 200,000 200.000 14 Unrestrlcted funds The unrestrtct8d funds of the charrty comprise the un8XP8ndgd balances of donations ar grant$ which arg not subject lo specific conditions by donor5 and granlors as lo how they may be used. These include designated funds whid) have been set aside out of unreslricted funds by the tnJstee5 for speufic purposes. At29 February 2024 Incomlng rosources Resources At28 expended February 2026 General ffiJnd$ 485.989 61,587 {110.959} 436.617 Provlous year: At28 February 2023 In¢omlng Resources At28 resources gxp•ndod February 2024 General frJrKI$ 536.560 49,098 {99,669) 485,989 12-
EMMAUS BIBLE SCHOOL UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 15 Related party transactlons There were no disdosable rdated party transactions during the year {2024- none). 13-