SaFerPlaces DrxnestK Ak.se Suwrt SerI£s SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Charfty number 1018832 Company numb•r 02789572 Regulator of Social Houslng number 4761 AAEIPDIC 29109r2021 COMPANIES HOUSE ¥207
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 CONTENTS Pag• Legal and administration infcKmalion Trustees annual report 2-15 Audrtors. report 16-18 Slalement of Comprehensive In¢ome 19 Statement of Changes in Reserves 19 ststemenl of Financi Position 20 ststemenl of Cashllows 21 Notes lo the Accounts 22-38
SAFER PLACES IA COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATION INFORMATION Charty number 1018832 Company number 02789572 Governing document The charitable company 15 govemed by its memorandum and arbdes of associat. Known as Safer Pla Registwed office PO Box 2489 16-20 Bush House Bush Fair Hadow Essex CM18 6NS Auditors Knox Cropper LLP 65 Leadenhall Street London EC3A Z4D Bankern Lloyds Bank Billericay C¢mmereial Centre Lloyds Commercial 89 High Street Billericay Essex CM12 9AT Trusteos Douglas Wldey Emma Howarth Erica B¢)wen Chloe Ahmed &ft Kap$ara Loiraine Larman Laila Abraham Helen Marshall 20201 Sian Chambers Clare Amo Kathy Osborne Gary Matthews Iresigned 26 May 2020) lappointe(126 May 2020. retsred 10 September (appointed 2S May 20211 lappoinled 25 May 20211 {appoinled 2S May 20211 lappoinled 25 May 20211 Secretary lison Gardner
SAFER PLACES IA COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2020 Structure Governance and Mana ement Safer Places is a Registered Charty and a Company Limited by Guarantee. The Charitsble Company is also registered with the Regulator of Sc¢ial Housing (Reg No 47611. Our goveming dsxuments are our Memrandum and Artides of AssocialK•n. Our Trustees are elected from our nmOershiP al our Annual General rrttting. Our Trustees serve for a period of three years and then sland down or seek nominatson and relection. In line with good govemance guKlance Trustees do not normally serve for rrKJre than three lemis. However itwas agreed that Douglas Wldey continue as a Trustee since he brings a level of speoalist expertise to the board which is higNy valued and would be difficult lo replace. Our membership is open to anyone who supports the objectpies set out in our MerrK)randum of As50cialion and such other persons as the Trustees shall admit lo membership of Ihe Company. An application for membership may be approved or rejected by the Trustees. The Tnjstees have the right lor good and sufficient reason to terminate the membership of any member provided that the member concemed shall have the right to be heard belore a final decision is made. We welcome nominations from organisabons who are member5 of Safer Places. Safer Places has no prohibits'on on clients becoming Members or Trustees [VIding they are able to meet the eligibility requirements and fulfil the responsibilitbes of these roles. It is the policy of Safer Places to ensu that all Trustees are eligible and have sufficient and appropriate skills lo serve. All members wishing lo become Trustees undergo a competency-based selection process and are required lo complete a Dedafation of Eligitility and a Declaiation of Intefesls annualty. Once appointed Trustees partTcipale in an induction prttess which, includes induction to the company as wen as lo the rol¢ of Trustee. Ongoing training revant to the role of Trustee is prOVed. nt of tru es The trustees (who are also directors of Safer Places for the purposes of company lawl are responsible for weparing the Trustees. Annual Rep3rt and the financial statement5 in accordance with applicable law and United Kingdom Accounllng Standards (Unrted kn"ngdom Generally Accepted Accounting Praclicel. Company law requires the trustees to ppare financial staterr£nts for each financial year, which give a true and fair view of the stsle of affairs ol the ¢hantabk company and of the incoming Tesc>urces arsd appIall¢n of resourees. including the income and expendrture, of the chantatAe MpanY for that period. In prepanng these financial 51alements, the tsuslees are required to.. select suitable accounting polieS and then appty them consistently.. observe the thodS and prin¢iples in the Housing SORP., make jvdgemenls and estimates that are reasonable and pruéenL state whelher applicable UK Accounting Standards have been folk)wed. subject to any Materi departures disclosed and explained in the financial Statements., prepare the financial statements on the going concern basis unless it 15 inappropriate lo presume that the charitable company will continue in operalion. The trustees are responsible for keeping *quate accounting records that disdose with reasonable accuracy al any time the financAI position of the charitable company and enable them to ensure th81 the financial stslements eomply the Companies Act 2006. They are also reSponsie for safeguarding the assets of the charitable company and hence for takiro reasonable steps for the prevention and deleclw of fraud and other irregularilie5.
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 In so far as the trustees are aware". Ihefe is no relevant audrt informatK)n ofwhich the charitable company's auditor is unaware,. and the trustees have tsken all steps that they ought lo have taken lo make themselves aware of any relevant audit infomation and to estsbltsh that the auditor is aware of that information. Our Trustees are also responble for the follow"ng-. Setting the strategic direction of Safer Places, ensuring that it is sofvenl. well run and meeting the nee(l$ forwhieh rt was established. Ensuring Saler Pk%es complies wrth company and charty requirements. Ensuring that Safer Places does not breach the rules set out in ils goveming documents and remains true to its charitable purpose. Making sure Saler Places complies wrth all requiiements ofolher legislation, which govem the aclNilies of the company. Preventing the rnisuse of company funds or assets. Ensuring that company furKls and assets are used reasonalAy and onty in the furtherance of the company's objectives. Avoiding any activity that might a¢e the company's assets or reputat at undue risk. Taking special care In investing the cornpany's fvnds or borrowing fund5 on behalf of the company. Using their Fersonal skills and experience to ensure the Company is well run and efficient. Considering getting extemal professK*nal advice on all matters where there may be material risk lo the company or where Twstees may be in breach of their Outies. Day lo day management of Safer Places is dekgated to the Chief Executive who report5 directly to the Board of Trustees. The Board of Trustees rrts al ast five times per year. Staff attend Board Meetsngs and advise on all matters but do not vote. ststernent on the r istered social housin roviderfs internal control s stfrms The 8oard lakes an actsve interest in all inlem81 control and eorporate govemance mattefs. and aims lo meet the highest standards. The 8oard accepts the principles in the National Housing Federation Code ol Govemance. which go well beyond internal financial control. This statement is confined to inlerna finanoal control. Inlernal ffinancial control means the controls established in order to provide reasonaNe assurance ot. the safeguarding of assets against unauthorised use or dispositions". and the maintenance of proper accovntsng records and the reliab)lity of finanual informatson used with the company or for publication tat•mon The Board acknowledges rts primary resnSibIl for the company's system of internal financial control. for safeguarding the assets of the company and for tsknng reasonabk steps for the prevention and detection of fraud and other irregulafilies. The Board places considetable Importance on maintaining a strong control environment. Howevef such a system can onty provide reasonable and never ab501ule assurance against material misslalement or loss. The Board has estsblished. and intend5 to continue development of, key procedures designed to provide effetlNe intemal financial control. These are the hNJh level procedures and pro¢es$e5 by which the Board reviews tlle effecb"veness of the system of intemai financial control.
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER TH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 The company's intemal financial control arKI monitoring procedures indude.. lear resFonsibilitses on the part of line and financi managemenl for the maintenance of 9o&a financial conlrds and the production of accurate and timety financial management information the control of key anCIal risks through clearty la down authorisabon leve15 and proper se9regalion of dutEs detailed monlhty budgetsng and reporb'ng of income and expenditure, with regukr review by fflanagemenl of variances from budgets reportin9 on compliance with finanaa controls and Procedure Ifor the year endl by external audiiors. These reports are vieWed by the Finance and the Board prior to the use of interim and annual reports Ob"e¢tlves and A¢tivitles The objeclkves of Safer Places are.. "The Charity 1$ established to relieve diTstress and suffering amongst people living wlth or Ileelng Irom, oratrisk ol. Domestic Abuse. including stalking and harassment.- toprovid• •du¢atlon for thgir lutur• benelit," to gducats those who work with victims gf domvsti¢ viol•n¢¢ and to provldo social housln for tho$e suff¢riTn orat risk of domesti¢ viol&n¢• Stalkin and harassment." Vlslon. Mlssl¢n and Valu•$ Vlsion Safer Places vIsn is a soc* where everyone lives a lrfe free from fear and abuse. Mlsslon Safer Places exists lo dTNe d¢)wn the inetdenee and impact of domestic and sexual abuse and to support those who use our services in their joumey to recovery, resilience and independence. Values These are the values we prOMe lo uphold so we never k)se Sht of our mission.. Client L¢d- We empower our clients lo exeruse choKe and control ol Iheir supporL We ensure dienl's voices are heard and that thw Impa our deCisn making and shape our ser¥i¢es Accessible We work in¢lusivety with OUT ClnIS. partners and communitie5. Anyone who is al nsk ol experiencing abuse can a¢cess our seThices when. how and where they need them. Respectful - We adopt a trauma informed. holistic approach to SUPPOTL We h.slen and belEve. are non- judgemental and open aThJ honest about what we can and cannot do. Effectlve- We deliver high qualty services that work for our dient& Our practice is infoimed by our dienls. research. evidence an¢J arning from experts by experience.
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 Rwiew 012020121 Safer Places has been providing accomrThJdalion and community based sUPPOrt to victims of domesti¢ abuse and their children for almost 50 years. During this time so much has changed- and as we have learned further, had more measures at our disposal and embraced a multkagency approach to tsckling domestic abuse, our praCte and services have changed. Most of our clients to¢Jay are supported in the community although there is still a substantial demand for refuge and sale supported accommodabon. We have a better understanding of the nature and impact of domestic and sexual violence on adults and children, about trauma and how best to support recovery. As we undersland MO aut risk and perpètrator tylOgY and have a wide range of evidence based tools and measures which. in conjuncts.on with police and other members of the mulb'-agency partnership. can deploy lo reduce risk and harm and bnng perpetrators to Justsce. At the lime ofwriling we await the implgmentats'on ofthe Domestic Abuse Bill which holds the prorni5e of Iransfom)ing the way Domestr'c Abuse is dealt with in this county. Wnen we were first eslablished the world wa5 very diffe¥enl and fge was the only option available lo women exFeriencing domestic abuse. Today we I09n1se the diversity of experience arnongsl victim5. that can affect all age5. genders, sexual entits"es. cultural and reluious background5. SOCI economic groups, able bodied and those with physical or mental d15abilrties. We need lo reach and respond to every victim ofdomestic abuse in a trauma informe(J manner, supporting them and providing the range ofoptions now available lo assist Ihem in being and feeling safe and recovering from their experience. The role of the praclits.oner has Iherefofe developed and now requires excellent training and supervision. Today we provide that training as one of a small number of organisations accredited to delwer the natnal sector qualifications and we train hund$ of peop across the UK every year, ploughing back the income we generate lo ensure the conkn'nuous improvement and responsiveness of the services we offer lo our clients. though do511¢ abuse is an age old problem abusers today have many more tools al their disposal than perhaps they in the pasL Social Media and other technological Innovations have enabled perpetrators to abuse and stalk victims in ways prevKJusly nol known and stalking and harassment have increased dramatically. We Iherefofe run a specialist stalking service in Herifordshire whth is the Lgrgest stalking support service in the country and, working with the University of Hertfordshire department of law. we have developed the only Level 4 Stalking Specialist training in the UK and this is accredited by the University. Sialking is a very imp)rtanl fealure in domestic abuse today and is a high risk factor foT serious hami or death. Where there has also been sexual violence the risk to victims is very high indeed and we need to wotk very closely with the police and other agencies to ensure that the victim is fully protected. We have now trained many professionals from across the UK including those who work in our sector as well as many other profes%ons including police. lawyers and NHS workers The difficulties we faced were however offset by the commitixent of our staff, our success in securing additional nding from central govemment, national and local funders and the overwhelming kindness of strangers who came fOard and offered financial and other support. We entered 2021122 kn¢ing that eenlral government had placed a duty on all Local Avthoritses to fund the support of vicb.ms and their families living in safe accommodation from April 1d 2021. Central Govemment provided Essex County Council wrth almost £2.8m to do so, and Hertfordshire County Council with around £2.1 m from April 1st even though the Domestic Abuse Bill which led lo this change did not receive Royal Assent until April 29th 2021. However we still face uncertainty around the fijnding of our Essex services as funding ha5 not been yel forthcoming. At the lime of writs'ng the country is just beginning to emerge from the measures to manage the COV1019 panéemic. It goes wilhoul saying that this has had an enormous impact on everybody and especially those thal we support. Dame Vera Baird. The Victims Commissioner described the pandernic and the impact of the Iwk down on victims as 'lhe perfect storm" and we certainly fett the impact as we saw an In¢aSe in demand ol 40% in term5 01 referrals during 2020121. Al the same time, although provider ol the rnajority of reluge spaces in Essex, we were not in reeeipl of any funding from the County Council having declined a eontracl the previous year. The funding mechanism of that conlrael woukl not have alktrwed us to provide the level of safe accommodation needed or delNer the level and range of community support required. So we had the triple challenge ol dealing with the impact ol the increase in demand which requiret1 us to bring on stream addItnal accommodation, to manage all of our servi$ In such a way as lo ensure safety from COVID 19 transmissTron and then lo find the resouices quIred lo bridge the funding gap.
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 Rovie Our Hertfordshire services have continued to thrbve over the penod and our work with partnèrs and commissioners has onty been strengthened ty the challenges of the pandemic. We have been able lo make headway an4 further extend and develop our services in Hertfordshire. During the coming year we will be delivering enhanced seThices to better reach and support all victims of domestic abuse and stalking in Hertfordshire. This is as a resuEt of the additional funds being provided to Hertfordshire by central government and we look forward lo what we wll be able to achieve for victims and their ehildren wrth this additional fun¢Jing. One of the major succes5e5 this year has been the development of our training services which have gone from strength to 51renglh. InilBIty disheartene<J by the need lo cancel liaining planned to take place in various parts of the country we adapted our trabning and. thank5 to an unexpe¢ted but welcome donation. were able to purchase an excellent system that enabled us lo delwer high quality training to professiona15 and therapeutic programmes lo victims with all the necessary measu9 built in to prolecl anonymity as well as manage a larger group than is easily managed on Zoom. We now provide OLtrr aredited professionals training for Independent Domeslic Violence and Sexual Violence Advocates and Stalking Spec¢alisls plus other training for a wide range of associated pfolesska1S such as Police. NHS. Socral Care and third sèctor organisations across the UK. This has contributed to our ability to sustain refuge accommodation ¢Juring this diffieull year. We prlde ourselves on being a leaming organisation but this year the learning curve has been exceptional -as a result we have grown yet again as an organisation finding new and innovative ways to deliver our services. We understand our priorities better, and have seen the stren9lh of our partne15hips within the communsty and the resili8nce of our t8ams achieve together. Sadly, we have also Come lo realise just how many women. and children were INing"undemeath the rada suffering violence and abuse lor many years for whom the lockdown was the tipping p)inl Ihal finally led lo them choosing lo take actson. Thi5 has On strengthened our delerminabon to ensure that our seryices are as accessible as possible lo all who need them, enabling peopk to seek support earlr an¢J more easity thereby reducing the harm they and their childTen suffer. We would like to thank all those who have supported us and our stsff a1 volunleers for their generosity and commitment in 2020121 which has proven to us what we can enae and empower our clients to see~ that out of the worst of circumslarKes g¢)od things can devdop. We woukj also like lo thank everyone has used our services for suppth.ng us in keeping our stsff and each other safe. A special thank you to all our workfrjrce for their consistent comm"rtmenL HI hl- hts of 2020121- a $na hol of our ear 'Your Covid 19 arrangements have been exlIent and we are amazed there has been no cross infection in your reftjges" Public Health Dtxtor We extended our 24 hour helpline to include 'live char which enabled some of the women al highest rBk tJuring kdown to reach us on line (Juring the night whilst their abuser slept 436 women and 728 chIldn stayed in our refuges safe accommodation 918 peopk from other cvganisats.ons attended our master¢lasses and other training 98% said the training helped them do their ob We implemented a new website . increased our Facebook reach by over 70% in the year and were foFbwed on Twitter by 1186 "I have had 3 of my seiwce users doing the WEWSAR PfDgramnte and have had nolljing buf gth)d things com8 back from them. Th8y have all Sa th8y have found rt ban8ficial. 8sp8ciallytl8 who *ave felt very iso18tetr.over Ih8- last ar. "Pfobation Officer
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHERWITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 We supported 40 women with. multiple needs and their chikdren through the Rosie Centre in Harfcm durin9 the pandemic '¥u-pport; needs and"..1"56-..chiidren-' Social'"Care:':for.'.sa!eguarding.-: .ovgr¢offFiè". by.. tftie..sieneroslty.: ,kiTndness" Residenl.-:on". the-.'kindriess-":"of.E ...,.:>.'j.""slrarigers.-a"t-:Chnslrnas 202"1-: I'we becaMe:pre1erred_pr0VIder5.' ,for:. 'Ihe::: 'MinislryP lol '".Jusiieè ,,j.Worrien.'.offendersl:' and-: were i.'.part"' of ."a successfvl-'bKI. .wilh: AOVANCE."lo-'deliver'support_._It%-: women.:in, Ès:sex."and Her15=.ani. to.'.provide".-both-: premisès-:.an'f ff,Staff_for;-.the new teams":: People from many different oryanisalions across the UK parbopated in our modular professional$ training with 60 qualifying as IDVAS and Stalknng Specialists "I love living here - everything is so convenient and lovely and il is all helping us lo heal" Mother who moved into one of our new properties acquired this year Io&r. stsff-:'suNey,?>alF'of...our:.Istaff. said":4hey.:.weie salisfied..Lor..: vèry:.i, ?S81isfied wilh'!heir..job'.'.T.he".suriiey.. vias.:overwhelmin9ly-:'-p.ositive.%vilh staff". eKpressing.-iiery.::'high" levels- oft.;pnde::iii-.:: Safér'.LP,laces-. and.':.a.- senSeI="belOnging.'.": ""On'::.aveFBge."'ei?ery.,ts.IveekvWe.- espo'ied":l(>.',3111. people'".riew:": -Ao.:'the-service'.seek1ng..- help-or-: women.s". .doinesl+¢ abuse,ap"d.otherllaclors ,' -vulneraL?leo.: disadv.anlag"ed:.";:. .'rnulb'pty. ..1, havo enjoyed working..wilh-yoiJ.. . ari"d.. Ihe4organisalion-: -"b"ecause." .-yOU pW8ré,-vèry.."suppoitiv& al,: '.albvays'"look"Ing'.afteryLiur.staff.-. You 'a..good. Inanager:.and a", '.mentor."..with".'.amazirig coachiiu. were selected by local fvnders to anonymous establish aThY run a residential service for women involved with or at risk of involvement with the criminaljusb.ce system. This place opening in the next 12 months is a place they caft INe with their children and receive the support they need lo build a better lrfe and avoi(J prison or retuming lo prison prevenb.ng the trauma of se aTab"on clierifs rogrammes '. Replaced:';a:-.large".'.sharéd facility.:: reiuge':..wilh-'-:a...clu51er.".of.-".:TTiore. Covid-:.1'9-.secure.-propertièf-:'_" "Agency.':worker:" letter.. lo.: the:. '.service4inanager'oniCOin"p.leiing,, ssigriment l just finished the Triple R Gouf5e and had a 12 session with jade. She is vgry prOfessn81 and paSsnate aboutthe couffde and helped me with overall understanding the whole process. The quality of seThice was 1st class.l am pleased you guys have given me the opportunty to move ff08rd .We' weré,. overwhelmed.-" by< thé.. kindness,.,. ol:., member5J.'..offf..Ihe .. public'and',organi5aiioris'dur,in-g 5": diffic(Jlt.'.year..arid..:esp.ecially,'.fv/o ncluded-:_z<_our -.farMilies'..viho'.liadJhad:a,,daughler..:: ManageEMerit ' murdered..as"a resull.of domestic..: r.,ogramffle'Made' Of&-OneY.?,.abUse'.. .'generosily "inerriory.,--'ot"' Grace=': and '.Siobhan':I our.¥"artrier5£at*Danoneatjd="job-" .rneaNt.'¥.greai,'deal'"to'.iis'":all,':_ "rkshops -&,.the.¢omajority C-&Tty.bassd rogramrrE>.
SAFER PLACES {A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 Value for Money {VFM) Each year the Charity used a range of data lo measure VFM progress against the housing sector. The results help influence investment deci5ion5 and provide the regulators and other stakehokjers with information on the progress ol the Charity. whilst also ensuring compliance with the regulatory VFM stsndard. The charity has measured itself against the Sector Scorecard. Metric 2021 2020 Sector Score Commenta Reinveslmnt 11.68% 53.26% 6.10% Safer Places hokls its housing stock on operating leases. Fixed assets represent the valuo gf improvements carried out and. addib'ons therefore represent a grealer proportion of bogk value. New suwy % Isociall o.i)o% 0.00% 1.30% Safer Pla¢e$ has nol developed any new properties during the year. New suwy % {non-so¢iall 0.00% 0.00% Gearing 0.00% 0.00% 33.80% Safer Place5 borrowings. has no EBITDA MRI 1,332% {1.3381% 196.10% Safer Places does not have any trx)rr¢)wings. The interest charge on the SOCI represents nel interesl on the pension (Jeficil. Social HousirvJ Cost Per Unit £13.689 £16.411 £4.023 nature of Safer Places, properties and the associated services provided means that there is a 5ignificanUy higher C051 base. Operating Margin {social housing) 128.56)% {29.481% 23.60% The nature of Safer Places, properties means there is high resident turnover using subslanlial loss of rent Ihrr>ugh vacaneies, reducing the operating rnargin. Operating Margin {overall 5.18% {15.24}% 21.50% Retum on CapilaS Empbyed 9.11% (24.681% 2.80% The ROCE reflects the low operating margin on Ih? Charty's acb'viti'es.
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 Reserves It is the pdicy of the board lo provide suffiuent reseThes to: Ensure continuty of provis for a limited period in the event of a laf9e variatitsn in income in Ofder that further income can be sourced or a reduction in service planned and implemented so a5 to rninimise risk to our clients Pay the annual sums assouated wtlh reducing the deficil for whith wg are responsible related lo our membership of the Local Govemmenl Pension Scheme Provide a refurbishmentfund so that we can sustain our continuous planned upgrade and refvrbishmenl programme Reserves will therefore be h 1. Working Cap¢td - wrth suffnt unre5tn.cted funds to ntinue operating al Current service level for a period ol three months 2. Refurtsshment- lo undekfr a rolling prograff4re to sustain the quality of our 0mModatIOn and services. 3. Propety acquisrtion- Ihe Trustee5 are currenlty reviewing refw requirements across operational areas and are considering investrnent to improve Provision of services in key areas. Idèntlfièd rl The major risks facing Safer Places are.. Failing to secure sufkient funding to sustsin Essex based refi4e5 to the year end and laGk of rtairtty about how the new funding dukn.es on local authoiilies Irom MaTch 2021 will be implemented 2. Securing fijnding lo be able to rrEel the additional cost pressures ass(xsated wrth the pandemic whilst facing an increasing demand for servKes for victims 3. Failure to 9enerale suffoent income from training sales as a result of the pandemic Safer Pl4c•s Investment Pollc It is the policy ol Safer Places to achieve the best Possible retum on investment and therefore properties were purchased in 2012. The rentsl retum on these properties far exceeds any ralg that could be achieved currentty through the financial institutions. Cash fiJnds on reserve will be placèd on fixed term deposits according lo best Tales al thfr lime and the need f£ funds to be availatAe.
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 ¥1 of Financial sitlon Safer Place5. ifbeome made a positwe recovery during the year fc4lowing the cessation of the Essex IDVA conlra¢l. and this can largety be attributed to the success of our training services whh have gone from strenylh lo strength. Costs conbnue lo be closety mnitored despite the addrtional safety measures tsken in the face of the pandemic. This resulted in an operating surplus of £164.024 {2020.' a deficit of £378,224). Safer Pla5 intend lo conttnue lo provide Domesti¢ Abuse Services in Essex unb"l the upcoming commissioning changes are implemented as a result of the domestic abuse bill_ Social housing income remained stsble compared to the prior year as the charty managed lo maintain occupancy and reduced losses from voids. desp.rte Covid restrictions. The cash posity.on of the charty ha5 increased by £118,524. again as 8 result of the succes$ oftraining servi and reduced arrears. The charity therefore maintained suffiaent cash balances lo fulfil ils SeNe5 policy at the year end. Investment Propertie5 were determined lo be heid at fair v81ue ano renlal income from the properties also remains relative stsble. 8eneliciarles of Safer Places In the ear- ubllc beneflt statement The Trustees are aware and mindful of Ihe Ch*ities CommissK)n guidarKe. Safer Places has deh'vered public benefft in line with the objects and activibes of the organisatn through the delivery of OUT core services. Activitie$, a¢hiev¢ments and publlc benefrt During 2021122 we delivered a WKle range of direct client services in Essex and Hertfordshire and support for women offenders in Suffol Our objectiv8$ coming inlo 2020r21, in line th our strategic business plan lo 2022, were.. Ob'ects've Making sure that the services we delNgr in Essex and HertfOrdshI ale judged as excellent by our clients and our commissioners Delivering an excellent ISAC (stalking support) service in HertfOrdshI which is evaluated externally as delivering better outcomes for vi¢tim5 and is seen as 8 critsc81 and specialist element of the skill and quaIrfli0D set required lo provide besl practice services to clients at high risk Measure All of the performance targe15 delivered within our mmissioned contracts The ISAS service recewed 275 referrals. considerable In¢aSe on the previous year with the rale of referral increasing during lockdowns Funding was Secu to continue the servtce in 2021r22 Learning and development of the hybrid "SuperlDVA" ro an IDVA qualifEd addits"onally as a sexual violence and stalking practitioner 32 ProfesSnal$ from 15 different organisations trained as ISACS We decommissioned èn style large refuge with shared facilitses which was not COVID safe and out ol date and recommissioned new units lo replace those lost Diversifying our aecommodation stock and eveloping new models ol the provision of safe accommodation that meet people'5 need5, provide choice and su orts better kjn er term outcomes 10-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES ANNUAL REPORT TOGETHER WITH AUDITED FINANCIAL STATEMENTS FOR THE YEAR END 31 MARCH 2021 Achieving the gokl slandard as a Trauma Informed organisation and lor our Trauma Inf0md pracli by the end of 2022 Staff have received training and all managers and sentors have had trainirbg by One Small Thing. Work has begun to secure Qualty Mark as a Trauma Infomied $eThice provider Seniors and managers have also been trained in COURRAGE whi¢h is an accrediled nNJdel for the delivery of culturalty sensitive trauma inforrned support lo victims who ma have ex rienced multi le trauma In addition lo our Iraining our own staff we have Irained 918 profe5sv)na15 who work lor other oTganisalitsn5 Maintsining and improving the skills. qualifKation and professional expertise of our staff and marketing our training lo other wofessionals and services across the UK Improving our reach lo hidden victims and minorty groups including those female vicb"m5 who are or have been invofved with the criminal justice system We have provided services lo w¢)men involved in the Criminal Justice 5y$tem acr055 three counties and during the pandemic extended reach through Ihe provision of 2417 live chat. our awareness training campaign amngsl shops and businesses lask for J) an¢J sustsining our women's cenlre. The Rosie. which ts used by around 40 women. We reached 40.kn more vth.ms than in the same period the year before and a greater proportion came from minority ethnic groups. We also ran our pro9rammes on line ané were able lo reach more disabled victtms than we had in the ast We worked wrth the Children's Social Care services across Hertfordshire as part of their Triage panels provKling early acce5S to our ser¥ices for those idenbfied lo social care. We provided training in whole family safeguafding based on the Safe and Together Approach lo our staff and to professionals from a range of agenues. We secured ftjnding to provide support lo children within our Harf¢)w Serv$. We raised funds and made provision for children during lorkdown assisting mothers in ensuring they did not miss out when schoo15 were closed Improving the services we offer lo children and young people, developing practi and seNce5 that are effective for them, including workirbg in partnership with other agencies. taking a whde family perspective including the perpetrator. with the safety and wellbein9 of Children at Ihe centre From the start of the year as the pandemic twk hoPJ as well as f¢xussing on the objeth'ves above which we had sel we needed to sustain the organisation and extend our a¢h lo meet the inueasing demand for services arising from the lockdowns. Keeping all of our residents in safe accommodats.on and our conNnunity clients and staff safe was at all tirres the highest prionty in pursurt of our Mission and Purposes.
SAFER PLACES IA COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SAFER PLACES FOR THE YEAR ENDED 31 MARCH 2021 Supporting our Beneficiarles and delivering Public Benefit On average every week we sPOnde lo 311 new clients seeking supwrt an¢J advice as a 5VIl of domestic and Sexual abuse. We provided one lo one IDVA or ISAC comrnunty based support or 5UPWrt in safe accommodation lo 1157 victims and their children. Others who contacted u5 were given advice and guidance, were enrolled onto our group programmes or were signposted or referred into service5 able to meet their needs for example sf they were seekirvJ refuge and we had no space availab or if they were seeking accommodation bul not al risk from domestic abuse. All vicb.ms who made contact had an initial risk assessment undertaken with safety advice given and where necessary referrals we made lo Safeguarding or in emergency case5, to the emergency serveS lo summon immediate help. We provided refuge and safe supported accommodation for victims and Iheir children on 17 sites acTOSS Hertford5hire and Essex. During ltte height of the pandemic we had lo increase the accommodation lo meet demand and at this tirrE we Provided 110 units ol accommodation and, in partnership wrth Homelessne55 agencies, and funding from Central Government and Homele55•link, we were able to suppKJrt single homeless abused women in additional houses providing 8 additional spaces. We accommodated and SUPPDrted 436 aduli victims and 728 children in our accommodatson. A case mix analysis illuslraled the velS of haim lo which the women and children had been exposed prior to admission to our safe accommodat)n showing that they had been expose¢J lo mulb.ple foms of abuse including '. Coercive conlrcrf Stslking Impiisonment Mulliple Rapes Surveillance through in home technok*Jy an(J third partS Emotional abuse Torture- by hamiin9 Childr and pets in order to inflict distress on the adult victim Physical Abuse Financial Abuse Forced marriage °Honourf base(l abL As referrals were so much increased afthough we extended our safe accommodation we still had to priorilise those most at risk of ham and so those living in our accommodation had suffered a gfealer level of trauma than would usually the case. We extended OUT 24 hour telephone helpline addin9 a INe chat servti ensuring that . in line with our values . serye$ wele made as accessible as F(Jssible to those living in lockdown with their abusers We provided 1..1 community support to 506 Hertfordshire wctims to increase their safety and support them lo recover from the abuse and bu their reslience We provided a specialist 5taSking support service lo 275 victims of stalking in Hertfordshire lo reduce the risk of ham they faced and rn.9ate the impact of Iheif experience through supporting their recovery and resilience building We worked closefy th Children's S¢xial Care services in Hertfordshire and Part1pated in their Triage asseSSnt panels helping familie5 to address and deal wrth the risks and impacts of abuse 12-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SAFER PLACES FOR THE YEAR ENDED 31 MARCH 2021 We delivered our 12 week CBT based SpeClIst domestK abuse program and other specialist programs in Essex and Hertfordshire lo 502 women enabling them to recognise and understsnd the impacts of the abuse on themsefves and their children. to assist their re¢overy and prevent the likelihood of them being viclimi5ed in future On behalf of The Community Rehats'litatjon Company in Hertfordshire we delivered the Empower and Embrace programme as part of Ihe communty sentence requirement for women offenders and we invrted this group ofwomen to access our wider services as we recognise the strong correlalion beeen being a victim of domests"c and sexual abuse and women offending and the fact that women offenders have suffered ffre such abuse than any other group in our swety We SUPP¢)rted 40 women who use regularty use the Rosie Women's Centre and sustained this support thrtsjgh the pandem We raised fvnd5 and Fwov*Jed equipmenl and other resourcesto chihjren in refuge whowouhj otheiSe have been disadvantaged dunng the school dosures as they could rt have accessed online learnin9 as a resuli of being in refvge due to domestic abuse We provided trainir¥J to over a thousand people, 918 of those from extemal agencie5 We fulty delivered our staff training plan for the year, mv3rabng all face lo face training lo online with frontline stsff also e4)mpleling Public Healih England fvnded Psychological Fitst Ai(1 training We ¢Jeveloped and delivefed a training programme and materials for businesses and agencie5 that could have contacl with vidims during lockdown so Ihal victims could have more place5 to disclose and seek help We slrenglhened our slaff support arrangements lo enable staff to better cope with the challenges they were facing Ihemselves and to be able to continue lo support our clients and each other We a large 15 unrt ielu9e where facil"e$ were shared and we acquired a cluster of dom¢$t sized properb'es some shad by 2 householtls and some self-contained to place the large facility and ensure thal women could continue lo be safely housed and supported whilst being tter protected from COVID19 infection. We are extremety gralefvl for the funding secured through Essex Community Foundation whth enabled us to tegin this process working with k>cal landlords. We will be sustaining and expanding this provision k>ng tem and are working Soual Investors lo enab the purchase of further property ourselves. In spite ofthe challenges ofthe pandemicwe were delighted Ihal the clientswe supported achieved the folowing OUtme$. Clients physically made safer (use of Enhanced securty to homeloccupabon OrderlNon-Moleslalion IRestraining Ordesafety Plans ela.) 97% Clients who feel safer after using the Serv 91% Clients safety resettled into new homes in the community after their refuge stay 81% Clients who have maintsined or increased their support eOrkS 90% 13-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SAFER PLACES FOR THE YEAR ENDED 31 MARCH 2021 Clients who feel safer after using the seryte 94% Ch'ents who now manage their own or the famty finan *% Ch'ents who have found or maintsined work or study 35% Made progress in addressing Legal Ser¥e Increased 62% Health and Wellbeing improvenEnts 91% Most of all we are delighted Ihat by working together and wth support of gur trustees volunteers and partners we were able lo keep everyone sale. Ihal Iheie was not cross infection wsthin any of our accommodation Or staff groups and that wrth the generosity of the community we were able lo extend our services lo meet the increase demand for services. In dn9 so we kept vicbms not onty from harm from their perpetrator but also from the pandemic. 436 women and 728 children We able lo escape from VK)lence and abuse al a hme when bockdown$ placed most with their abuser. locked down for 24 hours a day. The benefit to our beneficiaries is obvious and sub51anlial. the benefit to the public purse is less obvious but equally 5ub5tantiaS- The Home Office report The onomic a socia costs of domestic abuse Research Re rt 107 Rhys Oliver. Barnaby Alexander. Stephen Roe and Miriam Wasny January 2019 provides a unit cost for domestic abuse, costing in the fvll range of costs to all induding the pole. the ¢ourts. the NHS. laers, Vi¢tim serVS etc. and the total sum per case amounts to £34, 015. Therefofe the impact for victims and the benefrt to the publK we have achieved this year i preventing fvrther harm and keeping victims and their chillren safe ts very ¢OAsiderable not only for our clients but for Ihe publi¢ purse. Goln Con¢em The Board has reasonable eXptatn that the tharty has adequate r850urces lo continue operatsons for the foreseeable fulLtre. For this reason. the going c0M basis has continued lo be used in pfeparing the financial statements. The Trustees agreed to focus on diversifying income streams during 2020121 and generating more income through, lor example. Ihe sale of our training services. Over 2020121 Ihis seNice has developed to rneel this challenge and in spite ol the restrictions resulting from COVID19. has adapted swiftly to put training online which means that the substantial income planned through the delivery of the nabon81 qualifications for the sector in different region5 of the country is still being generated. and enabled a retum to an operating surplus. We thefore consider that the lutUTe prO5cts for funding to be encouraging and that we are well placed lo secure additional income. The Trustees have also considered the impact of Covid-19 on the short and long term health ol the charity. Forecasting of future revenue streams and strong reserves has provhded adequate assurance that the going con¢em basis Is approprtale in preparirkg the financial statements. Future As we enter 2021r22 and rrEasures to limit the spread of COVID 19 are relaxing $omewhal we maIn vigilant and flexible so that we can respond rapidty in the event ofany upsurge in infe¢tson and the need lo tske stronger measures. Howeverwe do not intend lo relum to operating as we were prevpandemic because there have been some advantage5 to the new ways of working that we have found that we wish lo relain. For example although some clients enjoy the social interactn of a kn to tsce therapeut group session many have preferred onlit)e delivery which they have found more convenient and also less daunting. We have run programmes in the evenings and this had made them more accessible to some women who wished to participate when their ehildren wefe in bed. Online delivery has also been very advantageous lor people who are disabled for whom attending in person sessKJns was more diffieuh. Online rreetings have also Saved a great deal ol lime whKh would otherwise been wasted in travelling acT05S counb.es 19 participate. Supporting each other through the pandemic has also brought teams ¢loser together and turther improved latnshipS in the workplace. 14-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SAFER PLACES FOR THE YEAR ENDED 31 MARCH 2021 Howeverwe look forward lo moving to a hybrid modd ofworking and to working with clients face lo face and in groups MO often and to seeing each other mTe often too. We have agreed the fouowing obJ.eeleS for 2021r22.' Increase training tyJsiness securin9 and inereasing customer base by 20% and sales by 20VA from March 31 sl 2021 and extending range of courses and speeialisl trainers building brarid idents'ty. In 2021 extend the accredited training product offer by one additional discrete qualifatiOn and increase the IDVA offer lo diFAoma level IDVA qualiftstKsn. Remodel safe accomrnodab.on services lo provide a range ol options for Sale Accommodation fit for purpose whth meets needs across the whole accommodation pathway. In 202112 close Altham House and re-provide units in smJlerclusters. self 4contsined and specialist facilities. Increase in units by 15%. Expand Ihe range of services provided io women offenders and in 2021122 establish al least one accommodation based serveS as an altematsve to or post discharge from prison lo enable women to receive the Trauma inlormed and community coordinated response required to deliver the outcomes sel out in the ktal w0n offenders. strategy. Devebp an Equahty Diversty and In¢siOn strategy that covers our team. our communication, our service tjelivery an(J our collaboration. In 2021f2 Produce an ouuine strategic framework, and in year 2021r22 and ensure thal language and cornmunicalion are not a barrier lo equal access to our services and Ihat the VO$ ol all are induded in the development and delivery of th*ir own support and the development of our services. Produce an &hievable budgel for the finanerdl year 2021122 that is bk even in terms of profiL Audltors The Auditors, Knox Cropper LLP. have irbdicated that they are wlling lo be re-appointed al the forthcomSng Annual General Meeting. The financial stslemenls have been prepared in aCCordare with the special pffjwSns in Part 15 of the Companies Act 2006 relating lo small companies. By Orfer of the Board Laila Abraham ChalrofTmstsès Dale..27september 2021 15-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SAFER PLACES FOR THE YEAR ENDED 31 MARCH 2021 Opinlon We have audited the financial stslements of Safer Places Ilhe 'chariiabk company'l for the year ended 31 March 2021 which comprise the ststement of comprehensive income, the statement of changes in reseNes, tho slalemenl of financial position. the 51atemenl of cash tlows and notes lo the financial stslemenls. including a summary ot significant accounbng policies. The financial PortIng frarnework that has been applied in their preparation is applicable law and Unrted Kingdorn Accounting Stsndards. including Financial Reporting Standard 102 The Financial Reportlng StandardApp1b1e in Me UK and Republ oflr81and Iuniled Kingdom Generally Accepted Accounting Practice). In our opinion, the finan31 statents. give a Inje and fair view ofthe state ofthe charrtable company's affairs as at 31 March 2021 and ils incoming resources and application of resource5 for the year then ended,. have been property Ppad in accordance wrth Unrted 'ngdoM Generalty Aepted Accounting Practice,, and have been pfepared in a¢cordance with the requirements of the Companies Act 2006, the Housing and Regeneration Act 2008 and the Acccmjnting Direction for Private Registered Providers of Social Hc*u5ing 2019. Basis for oplnion We conducted our audit in accordance with Intemational Standards on Auditing IUKI IISAs IUKI} and applicable law. Our SponSIbl111)eS underthose standards are further described in the Auditorts fesponsibililies for Ihe audit of the financial slalements section of our report We are independenl of the charitable company In accordance with the ethical requirements that are relevant to our audit ol the financia5 statements in the UK, including the FRC'S Ethical Standar(J, and we have fulfilled our other ethical responsibilitS in accordance with these requirements. We believe that the au¢Jil evKJence we have obtained is sufficient and appropriate to provide a basis for OUT opinion. Con¢lu$ions rnlatlng to going ¢on¢•rn In auditing the financial ststemenls, we have concluded that the trustees. use of the going concern basis of accounting in the preparabon of the financial statenwnts is appropriate. Based on the work we have performed. we have not identffied any Materi uncertainties relating to events or conditions that, individualty or collectivety. may cast signifKanl doubt ¢)n the charity's ability lo contrnue as going concem for a period ofat least efve months from when the finanual statements are aulhorised for issue. Our responsibilrties arKI the responsibi&"ties of the trustee5 with respect to going conceTn are described in the relevant sgclions of this re Othef inforniation Thè olher information comprises the inlormatioll included in Ihe annual reporL olher than the financial statements and oyr audi(orfs report Ihereon. The trustees are responsible foi the other infomiabon. Our opinicn on the financial statements doe5 not cover the other informab.on and. except to the extent otherwise expliCY stated in our reporL we do not express any fomi of assurance conclusion thereon. In connection wilh our audit of the finanoal slalemenls, our iesponsibility Is to read the other inforrnalion and, in doing 50, Gonsiderwhether the other inlom)alion is malerialty inconsistent wrth the financial stslements or our knowledge obtainetj in the audit or otheise appears to be MaterllY mi5ststed. If we identify such material inconsistencies or apparent material misstalemenls. we are qUIred to determine whether there is a material misststemenl in the financial slalements or a rnaterial misstatement of the other information. If, based on the work we hove perfomietj, we conclude that there is a material misstslement of thi5 Other infomalion, we are required lo report that fact. We have nothing to report in this regard. 16-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SAFER PLACES FOR THE YEAR ENDEP 31 MARCH 2021 Opinlons on other matters prnscribed by the Companies Act 2006 In our opinion. based on the wod( undertaken in the COUTse of the audit.. ihe information given in the trustees, report. whi¢h includes the direclors. report prepared for th8 purposes of company law, for the finanual year lor which the financial staterrents are prepared is consislenl with the financial statements. and the directors, report irtluded within the trustees. report has been prepared in accordance with applicable legal requirements. Matters on whlch we aye requ11 to report by exceptlon In the light of Ihe knowledge and undefstanding of the ¢haritabl8 company and ts environment obtained in the course of the audit, we have not identsfied material misstatements in the d1CtorS, report included within the trustees, ieport. We have nothing lo POrt in respe¢l of the foNowing matters in relation to which the Companies Act 2006 requires us lo report to you rf, in our opinion". adequate and proper acwunting records have not been kepL or reIn$ adequate for our audit have not been received from branches not visite¢J by us", or the fin8n¢ial stalerrEn15 are not in agreement Ihe a¢untIng records and returns,. or certain disclosures of tnjstees. remuneration specified by law are not made." or we have not received all the information and explanations we require for our audit." or the Iruslees were not entrtled to prepare the financK41 statements in a¢cordance with the small companEs regime and take advantage of the small companies. exemptions in preparing the trustees. report and from Ihe requirement lo prepare a strategic rep)rL Responsibilities of trust••s As explained more lully in the trustee5' responsibli ilies stslemenl sel out on pages 2-3. the Iruslees {who are also the directors of the charilable ¢ompany lorthe purp05esof company law) are responsible for the preparation of the financial slalements and lor being Satisfied that they give a true and fair view, and fr)r such intemal control as the Iruslees delemiine is necessary lo enab the preparation of financial slalemenls that are free from material misstslemenl. whether due lo fraud or error. In preparing Ihe financial statements, the trustees are responsible for assessing the company's ability to continue as a geing concem, disclosing, a5 applicable. matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liqUate the company or to cease operations, or have no realisti¢ alternative bul to do so. Audllof's responslbllltles for the audlt of the financlal slatements Our objeclNes are to obtain asonable assurance about whether the financral slatements as a whole are free from rnaterial misstalemenl. whether due lo fraud or error, and to iSSLte an audilorfs report that includes our opinion. Reasonable assurance is a high level of assurance. bul is not a guaranlee that an audit conducled in accordance with ISAS (UKI will aayS detecl a material misstatement when It exists. M15stslemenls can arise from frauij or error and are n$ered material rf, individually or in the aggregate, they could reasonably be expected to influence the economK t1ecisions of users taken on the basis of these financial ststements. IrTegularilies, including fraud, are instsnces of non-compliance with laws and regulalK)ns. Vve design procedures in line with our responsibilities, outlined above. to detect malerial misslalements in respect of irregularities. includin9 fraud. The extenl to which our Pr¢xedU are pable of detecting iffegulaTities, including fraud is detailed below". The charitsble company is required lo compty with charity law and. based on our knowledge of its aclivilies. we HJenlifieJ that Ihe legal requirement lo accurate account for restricted funds was ol key signsficance. Vve gained an understanding of how the Chantab eompany complied wrth its legal and regulatory framewo, ineluding the requirement to propedy aetount for reStrted funds, Ihrgugh discussions with management and a review of the documented polues, procedures, and controls. 17-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITORS, REPORT FOR THE YEAR ENDED 31 MARCH 2021 Auditor'$ r•spon$ibilitios for the audit of tho financial $tatem•nts {¢ontinu•d} The audtt team. which 15 experienced in the audil of eharities. considered the charity's svsc8plikn.lity to material misstslernenl and how fraud may cttur. Our cOns5deralns included the risk of managernenl override. Our approach was lo check that all $trIcted incoTh* was PrOpeY identified and separalety &coynteO for and lo ensure that onty valid and appropriate expenditure was tharged to Te51ricled funds. This included reviewing ioumal adjustrnenls and unusual transacticsns. A further description of our responsibililies for Ihe audil of the financial ststemenls is located on the Financial Reporting Council's web511e al.. www.frc.or .ukJauditorsres nsibililies. Thi5 description forms part of our auditorfs reporL Use of OUT report This report is made solety to the charitable company's ffMbers, a5 a body, in accordance with Chapter 3 of Part 16 ofthe Companies Act 2006. Ourauditwofk has been undertaken. so thal we might slate to the charitable company's members those rnattets we are required to state lo them in an audilorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the chantsble company's members as a ivjy, for our audit work, lor this report or for the opinions we have tormed. James Holland-Leader FCA (Senior Slalutory Auditor) For and on behaw of Knox Cropper LLP. Statutory Auditor 65 Leadenhall Street London EC3A 2AD 18-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Turnover 2.980,776 2,481.218 Less: Operating costs other Income 12.818.907) (2,865,526) 2.155 6,084 OperatOn9 surpluslldefi¢RI 164.ff24 1378,2241 Interest ReceNable 343 3,522 Nel Inleresl on Defined Benefit Liabdity 16 {19.000} 128.0001 Gain on revaluation of investment properties 80,000 Surpluslldeficit) for the year 225.367 1402,702) Remeasurement of Defined Benefit Liability 1187.000} 356.580 Total Comprohensive In¢om• for th• Y*ar £38,367 £146,122) All incoming resources and resources expended derNe from continuing activities. STATEMENT OF CHANGES IN RESERVES Restrlcted Unrestrl¢ted Total Balance al 1st April 2020 20,901 614.455 635.356 Total Comprehensive Income 120.901> 59,268 38.367 Transfers ben funds Balance at 31st March 2021 £673,723 £673,723 The notes on pages 22 10 38 torm pwl of Ihese financial slalements. 19-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) COMPANY NUMBER: 02789572 STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2021 2021 2020 Flxed as$•ts Housing property assets Other fixed assets Investrnents 7a 7b 88,095 52,037 915,100 149.419 64,442 835,100 1,055,232 1.048,961 Current assets Debtors Cash al bank and in hand 130,399 870.394 148,501 751,870 1.CQO.793 900.371 Creditors: amounts falling due within one year 10 (356.302) {416,9761 Net currènt assets 644,491 483,395 Net assets •xcludlng penslon scheme abilitIeS 1.699,723 1,532,356 Oefined benefft pensit)n scheme liability {1,026,0001 1897,0001 Net a$s•tsl(liabilitlesl Including penslon scheme Ilab•lities £673,723 £635,356 Rgpr•sented by: ReStrted funds Unrestricted funds Pension reserve 13 14 14 20,901 1,511.455 {897,0001 1.699,723 {1,D26,0001 £673,723 £635,356 The financial stslemenls have been prepared in accordance with the spee*l provisTrons in Part 15 of the Companies Act 2006 relabn9 to small Compan$. Approved by the Board ol Trustees on27september 2021 and SKJned on lis behalf by.. Laila Abrnham- Director Douglas Wildey- Dirnclor The notes on pages 22 10 38 form part of these financial ststemenls. -20-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) COMPANY NUMBER: 02789572 STATEMENT OF CASHFLOWS FOR THE PERIOD ENDED 31 MARCH 2021 Notes 2021 2020 Net cash generated from Operating Aetivltles 143.347 (284,0721 CashftOW5 from Investing activities Purchase of Tangible Fixed Assets Proceeds from disposal of Tangible Fixed Assets Interest Received {25,1661 (87,1511 343 3,522 124,8231 183.6291 Nel Change in Cash and Cash EquNalent 118.524 {367,7011 Cash and Cash Equivalent at beginning of the year 751.870 1,119,571 Cash and Cash Equivaknl at end of the year £870,394 £751.870 Cashflows from Operating Actfvltles Surplu51lDeficill for the Year Depreciation and losses on disposal Ilncrea5ellDecrease in Debtors IncreasellDecreasel in Cdrt0rs Interest Receivable Nel Interest on Pension Liabilty Pension CostslExpense Revalualion of investment properties 225,367 98,895 18,102 160,6741 1343) 19.000 177.0001 180.0001 1402,7021 79,571 78,799 173.7981 13,5221 28,000 9,580 £143.347 £{284,0721 Anaty$l$ of Changes In net funds At 0110412020 Cash flows At 3110312021 Cash £751,870 £118,524 £870,394 21-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 l Ac¢ountlng pollcles lal Basis ol preparation and armssment of going ¢oncem The accounts have been prepared under the histoncal cost convention with iterns recognised al cost or transactr'on value unless otherwise ststed in the relevant notes to the accounts. They have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic ol Ireland IFRS 1021, the Companies Act 2006 the Slatemenl of Recommended Praclise lor Registered Social Housing Providers 2018 and the Accounting Direction for Private Registered Pr¢)viders of Social Housing 2019. The Charitable Company ¢onsbtute5 a public benefit ents.ty a5 defined by FRS 102. The Board has reasonable expectation tt1 the Chanty has adequate resources lo continue operations for the loreseeable fvture. For thi5 reason, the going concern basis has conlinueé lo be used in preparing the financial statements. The Board has considered the impact el Cov119 on the short and long term health of the Charity, and is content that the measures taken by the Charity, together with strong reserves and enhanced prospects due lo Domestic Abuse Bill changes and the implemenlalion of the govemmenl's new domestK abuse strategy, provides adequate forecasting an¢J assurance trbal the going corKem basis is appropriate in preparing the Financial Statements. The presentstion Currency in the financial ststements is the pound stertin9 (£}. {bl Company status The charty is a company limited ty guaranlee incorpord in England and Wales. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability in resFecl of the guarantee is limrted to £1 per member of the charity- Icl Fund accounting Genefal funds are unreslricled lunds which are avalble for use * the discretion of the Iruslees in lurtherance of the general objectives of the ¢harity and which have not been designated lor othei purposes. Designated funds comprise unrestri¢led funds that have been sel aside by the trustees for particulaf purposes. The aim and use of each desunaled fijnd is set out in the notes lo the financial staternents. ReStrted funds are lunds. which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for part[ purposes. The cost of raising and administering suth fvnds is Charged against the spe¢ifi¢ fvnd. (dl Incomlng resources All income is recc3nised once the charity has entitlemenlto the income, il is probable that the income 11 be received and the amount of income can be aSure reliably. Income is deferred whore.. The donor specffies that the grant must be used in the future accounting periods", or The donor has imposed condith"ons. whth musl be mèt before the ehanty has unconditional entitlement For legacies. enlrtlemenl is when the impefKling distribution is probable.
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (dl Incoming r•8our¢es l¢ontinu•dl Gran15 have been included as incorr from charrtabk activities where these amount to a contract for services but as vduntary income where Ihe money is given in response to an appeal or with greater free¢Jom of use, for example monEs for core funding. Gifts in kind donated for dtstn"bution are inchjded at valuakn.on and COgnISed as income when they are distributed lo the projects. Gfts donated for resale are included as income when they are sold. Donated facilib.es are included at Ihe value lo the chafity where this can be quantified and a third party is bearing the cost No amounts are included in the financrdl statements for services donated by volunteers. (•} Resources expended Liabilities are recognised as expenditure as soon as there is a legal and construcb.ve obligalon commrtting the charity to that expendilLrre, it is probable Ihal settlement will be required and the amount of the oblTrgalion can be measured Te1bty. AJI expendi(ure is accounted for on an accwals basis and has been classified under headings that aggregate al costs retated to the category. ere costs eaThnot be directly attributed to partular headings they have been allg¢aled to activities on a basis consistent with the use of the resoJr¢es. Supp¢rt costs are those Costs incurred dire¢dy in support of expèndrture on the objects ofthe charity and include pcoject management camed out at Headquarters. Govemance co$1$ are those incurred in conne¢ti¢n wrth administration of the Chaty and ¢omplian¢e th eonslitub"r>nal and statutory requirements. (Q Tanglblg flx•d assets and deproclation Tangible fixed assets costing than £500 are capitalised and included at cost including any In¢iden1 expenses ol acquisitK>n. Depreciation is provided on all tangible fixed a$ts at rates ¢aSculated lo write off the ¢o$l on slraighl line ba515 over their expectell usefvl economic lives a5 follows". Y•ar6 Leasehcld RefLye Improvements". Fabri¢ Roots Kitchens Doors and Wndows Bathrooms Boilers Refvge Equipment Leasehold Offiee Improvements Fumiture and Equipment Molor Vehides 40 40 20 30 25 15 3.33 6.67 20 20 20 20 -23-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 191 Pension costs The company parttcipates in a group defined benefft pension scheme providing benefits based on final penSnable pay. This is a funde(I scheme and the assets are held separately from those of the charity in separate Irustee administered fvnds. Pension scheme assets are measured at fair value and liabilit$ are wEa5ured on an actuarial basis using the projected unit method and discounted at a rate equivalent lo the cuirent rale of return on a high quality corporate bond of equivalenl term and currency lo the liabilities. The actuarial valuations are obtained at least triennialty and are updated at each balance sheel dale. The amounts charged to operating surplus are the current service sts and gains and kjsses on settlements and curtailmen15 together with any change in the nel defined benefit liability orising from employee service. They are included as part of staff costs. Net interest on the defined benefit liability is shown as a eosl in the 51alernenl of mprehenSive in¢orre. The remeasurement of the defined benefit liability is also reported is the ststement of comkYehensNe income, and is shown in more detail in Note 16 to the Aecounl5. Ihl Operatlng Leases Rentals under operating kases a charged on a slraighl-line basis over the kase term. 111 Inv¢stmonts Inveslment propert*s a measured at lair value al each reporting date with changes in fair value recognised in Ihe Ststeffent of ComprehensNe Income. Depreciab"on not provided in respect of investment properties. Inveslments in subsidiaries are ststed at cost less provision for impairmenL lil Debto Trade and other debtors are recognise(J at the settlemenl amount dLte after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. (k) Cash at bank and In hand Cash al bank and cash in hand includes cash and short temi high liquid investments with a short maturity of three months OT less from the date of acqui51tKJn or opening ol the deposrt or similar accounL (11 Cr•ditoTs and provisions Credrtors and provisions are recognised where the th¥ty has a present obligation resuhing from a past event thatwill probably resull in the Iransfrr of funds lo a third paty and the amount due lo settle the obligation can be measured or estimated reliably. Creditors and provision5 are normally recognised al their settlement amount after allowing for any trade dtscounts due. Iml Financial in$trnments The charity onty has financial assets and financial liabilities of a kind that qualify as bas financial instruments. Basic financial instruments are initialty recognised al transaction value and subsequently measured at their settlement value with the exception of bank k)ans which are subsequently measured at amortised cost using the effective interest methc<l. -24-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 (DI Slgnlll¢ant Manag•ment Judgements and Estlmatk•n Uncertalntles The following are the criiical judgemnts and key sources of estimalion uncertainty that the Board has made in the process of apptying the charity's aceounb.ng policies and that have the most significant effect on the amounts reccgnised in the finanual statemenl5.' Fair value of Investment PrDperties Investment properties are measured at fair value at each reporting date with changès in fair value reeognised in the Slalemenl of ComprehensNe Iricome. The Trustees assess the fair value of the investment properties based on recent market v4ues. In determining the fair value on this basis, the valuatn remains sensitNe lo fluctuatsons in the propety markeL Ide)71C3t ofhousing pmperty components The charity accounts for ils expendilure on housing propertie5 Using component a¢countsng. Under omponenl a¢¢ounting. the housing property is ¢Jivided into those major componenis which are considered to have substanbally different useful economtc lives. Judgement is used in allocating property costs befv4een components IlanJ. structure. kilchens, balhroclms elcl and in detefrnining the Useful economic lives of each componenL Housing property deprecialion 15 cakulated on a component by component basis. The idenlificaliu)n ol $u¢h wmponents is a matter of judgement and may have a material impaGt on the depre¢sation charge. The mpOnents $ele¢ted are those which flect how the maior repairs to the propety are managed. Usofullws of depreciable assets Management reviews ils estimate of the useful lives of depreuable assets al each reporting dale based on the expected utility of the assets. uneertainkn.es in these estimates relate lo 'technological obsolescence. with ward to IT equipmenus0are and any chan9es lo de¢enl homes standard requiring frequent placement of components. The accumuLqted deprecialk)n al 31 March 2021 was £728,064. Bad debtprOVn A full line by line review of trade debtors is carr1 out at the end of each month. lIst every attempt is ma(le lo ensure that the bad debt provisions are as a¢curale as possible, there remains a risk that the provisions do not match the level of debts vthich Ultimate prove to be uncollectible. Defined Benefit Pen$rt Schen The Charity has an obligaknon to pay pension benefits to certain employees. The cost of these benefits and the present value ol the obligation depend on a number of factors, including." life e¥peclancy, asset valuations and the discount rate on corporate bonds. Management estimates these factors in determining the net pension asset in the baFan¢e sheeL The assumptsons refled hrslori¢al experience and current trends. A liability of £1.026,000 15 recorded in the State[rt of Financial PositKyn at 31 March 2021 for th8 Essex Pension Fund. See note 16 for the disclosures relating lo the defined benefit scheme. -25-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Incoffl8 Unrnslrlcl•d 2021 Restrlcl•d 2021 Totsl 2021 Total 2020 Oonatign¥ and L•ga¢i Donations Nationwide Chil(ln In Need InfectiL Control Fund Cofonavirus Community Support Coronaviru5 Job Retention Scheme Other grants 33,766 8.528 12.500 42.668 16.000 43.288 42.294 12.500 42.668 16.01]0 43.288 3.997 61.602 34,497 37,500 22.329 3,997 54.524 7.078 13,255 92.287 130.062 222.349 107,581 Charitable Activitie$: Refuge rents receivable Refuge servKe charges Supporbng PeOe Hertfordsh*e Ernergency COVID Funding MOJ Ernergency COVID Funding MHCLG EFDC Essex Worrn$ Refuges Essex COVID Recovery & Response PCC ISAC Serv Homeless Link Uttlesfor(J District Council EDASS CRC Seryices Herts County Counul Sunflower Ministry ol Housing. CLG Training Serviees 1,015.764 69,883 618.000 1.015.764 69,883 618.000 278.527 103,570 16,944 37,000 26.500 80,000 1,023,181 70,060 618,000 278.527 103.570 16,944 31,500 26.5QO 16.940 5,500 80.000 16.000 16,498 88.027 50,226 55.042 357,491 20.412 109.585 10.773 109,585 10,773 286,669 63,452 286,669 63,452 1,972.957 743,710 2,716,667 2.331.877 Investment Properties Renis recewable 41,760 41,760 41.760 Tumover £2,107.004 £873.772 £2,980.776 £2.481,218 -26-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Operatlng costs Total 2021 Total 2020 Services to victims seeking support Direct costs staff costs Professional fees Refuge rents and service tharges Refuge running expenses Refvge depreciatson other operating expenses Bad debts 1,022,560 17,782 386.843 309.119 71,613 435.752 37,318 1,229,588 40,749 286,999 213,269 36,922 315,931 59,818 Support costs Stsff costs Depreciation Insurance Legal and professional fees Audit lee Meeting expenses Other overhead expènses 336,337 27,281 17,480 13,770 14,002 1,323 119,603 430,814 42,649 17,839 14,191 8.938 4.245 148,653 2,810,783 2,850.605 Other activities Investrnent property management costs 8.124 14,921 Total rnsour¢•s exp¢nd•d £2,818.907 £2,865.526 Unrestricted Funds Restricted Funds 1,924.234 894.673 2,418.072 447.454 £2,818.907 £2,865,526 -27-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accommodatlon In managgm•nt Social housing income and expenditu= Rents receNable excluding ser¥e Charges Service charges receivatAe Less.. Social housing operating w5ts 2021 2020 1,015,764 69,883 11.395,700) 1,023,181 70,060 11,415,488) Nel surplus from social hou&ng activities £{310.0531 £1322,2471 Void losses £139,836 £205,8C6 Unlts UThlts Supwrted housing The RP manages properb.es on behalf of Swan. Catalyst. L&Q. Housing Asso¢ialions. registered social housing prOver5 operats.ng in Essex and Herts. Operating surplusldèfieit This is slated after Charging". Trustees emoluments Auditor's remuneration (excluding VAT) Operating lease rentals~ land and buildirwjs Operating lease rentals- office equipment Deprecbation of ¢)wned assets 2021 2020 12,500 413,601 20,756 98.895 10.815 305,820 37,826 79.571 Slaff ¢osl8 2021 2020 Wages and salaries Social security costs Pension cosis Temiinalion payments 1.101.700 99,380 130.178 1,190.888 104.097 232.303 12.707 £1,331,258 £1.539,995 2021 No 2020 No The average weekty numter of lull lime equivalent empknyees during the year was.. The average number of emF4oyees during the year was 40 52 There was one employee whose employee beneffts fell in the banding £60,000 10 £70,000, one in the banding £70,000 to £80,000, and one in the banding £100.000 to £110,000. The empbyee benèlils for the Trustees and Key ManageN*nt Personnel amounted lo £343,309 12020.. £319,892). The highest paid Director received remuneration (excluding pension contributnSI of £83.052 and is an ordinary member of the defined benefrt pension scheme as disdosed in Note 16. Employee benefits comprise salaries, social security contribution5 and pension contn"bukn"ons. No trustee receNed remuneration for their role as a trustee during the year12020'. £nl). -28-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Tanglble flxed assets- Houslng propertles Leasehold Refuge Improvements Refuge Equlpment Total Cost: At 1 April Additions Disposals At 31 March 92,728 4S8.944 10,289 175.7061 393,527 S51.672 10,289 138,116 423,845 62.4101 30.318 Depreclatlon". Al 1 April Charye for the Year Disposals At 31 March 33.924 35.862 162,4101 7,376 368,329 35,751 175,7061 328,374 402.253 71,613 138,116 335,750 Net B¢ok Vae 31 March 2020 £58.804 £90.615 £149.419 Net book Value 31 March 2021 £22,942 £65,153 £88.095 7b Other Fixed A$$ets Leasehold Offic• Improv•m•nts Fumitur• and Equlpment Motor Vehlcles Total Cost: Al 1 April Addth'on$ Disposals At 31 March 63.615 351,765 14,877 14.094 429,474 14,877 63.615 366,642 14.094 444,351 Depre¢latlon: Al 1 April Charge f¢r the Year Disposals At 31 March 25,540 12.723 325,398 14,559 14,094 365,032 27,282 38,263 339,957 14.094 392,314 Net book value 31 March 2020 £38.075 £26,367 £64,442 Net book value 31 March 2021 £25,352 £26,885 £52,037 -29-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Investments Inveslmenl Propertles Group Undertakings Totsl At 1 April 2020 Change in fair value 835.000 80,000 100 835,100 80,000 At 31st March 2021 £915.000 £100 915,100 The investment properbes have been revalued ty the Trustees at 31 March 2021 based on current market ¥ue whieh ha5 been assessed on the basis of historic selling prices of simiLar properties in the location over the course ol the financial year. Safer Properties. a wholty owned SUbdiary did not trade dunng the year under VieW. Snvestmenl at cosl £10012020.. £1001. Debtors 2021 2020 Social housing rent arrears Less provision for doubffiil del)ts 148.632 1102,2111 130,344 171,0301 46.421 59,314 Trade debtors Othef debtors and accrued InMe Prepayments 36,154 5.900 41.924 35,319 7,612 46,256 £130.399 £148,501 10 Creditors: amounts hlling due within one year 2021 2020 Social housing rent paid in advance Trade creditors Taxation & Social Security Aral$ and deferred incon 89.938 51.029 26.764 188.571 27,957 37,179 351,836 £356,302 £416,976 -30-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 11 Deferred Income 2021 2020 Brought forward Released to income Income deferred in the year 206,667 (202,7421 103,066 213,853 {213,8531 206,667 £106,991 £206,667 12 An•lysls of net asiets between fvnds Unrestrl¢tsd Funds Re$lricted Funds Total 2021 Fund balan¢?$ at 31 2021 are representgd by: Investments Tangible fixed assets Nel current assèts Pension liablitses 915.100 140,132 644.491 11.036.000) 915,100 140.132 644.491 {1,026.0001 £673.723 £673,723 Unrestricted Funds Restrl¢ted Funds Total 2020 Fund balances at 31 March 2020 are represented by: Investments Tan9ible fixed asset$ Nel eurrenl asse15 Pension liabilities 835.100 213,861 462.494 1897.0001 835.100 213.861 483.395 1897.0001 20.901 £614,455 £20.901 635,356 31
SAFER PLACES IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEME1$ FOR THE YEAR ENDED 31 MARCH 2021 13 R•knctsd Fund At1Awl At 31 2021 Extrthinary COlnD Fry ISAC ser¥Ke MHCLG Enr9ency COVID Funthng Coronavitus Comrwnty FL¥wJ E5Sex CotDnavIrusR£c atKI RE5oxW Nationide In Need 278.527 127B.S27) 126.500) {103,570) 143,2 I31.) 112.5 14Z.6681 {307,570} 116,944) 11)3.570 43.2 31.5 12.5 42.E68 MFFGLG Epwry Fwe¥l Fund Infcbtsn Contrd Fut nm'sTru5tSafe Propd other0atilS &Gi/nts 20.9)1 16.944 16.0 12.394) 13.212 É20.4)1 E873.n2 B94.673) t3 Althd Fund# At1Awl 201• At 31 IAar¢h Oonathlln5 Natonwde ¢hiktren In Need MHCLG E?ng Forest Fund 14.3421 I37.> 122.Y291 I336.> {33.4361 11325$> 37.50D 22.329 3S7.491 33.43 13.25$ 20.9]1 È469,355 447.454) O,Wl
SAFER PLACES {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 MOJ Extraordinary COVID FundSng Additional funding to provide staffing capacty to sustain servKe levels through the pandemic- p1ularfY rdated to increased referrals and out of hours supporL ISAC SeThilce Speeialisl support Serv supporting the victims of stalking. MHCLG EmoTgtrn¢y COVID Fundlng Funding by the Ministry of Housing, Communrties and Lctal government to provide sustainability funding and Service enhancements. Coronavirus Community Support Fund The Charity received a grant from the Coronavirus Communty Support Fund administered by the National Lottery CommLtnity Fund. (v} Essex CoYonaYlrus Response and Recovery Progr•mme Funding by the Essex Community Foundation to provide sustainabilty funding and serv enhancements. {vil Nationwid• The Charity feceived a grant frorn the Nationwide Community Grants programme during the 2019120 finanrjal year lo coverthe costs of employing a Housing Support Officer for one year. This remaining portion of this grant was recognised and expended during the current financial year. (vll) Chlldren In Need The Charity was awarded a MUltyear grant from Chitdren in Need during 2019120 to cover the costs of empbying h¥0 Children's Workers for a thretryear period. {vllll MHCLG These are lunds received frcrfn the Ministry of Housing, Communities & Local Government which ar reslricled to the provision of a Complex Needs Refuge and Independent Stalking Advocacy Caseworker service. Epp5ng Forest Fund These are funds received from Epping Outreaeh and are restricted to Epping Forest victims onty. The funds are used within that Community for managing risk. developing independent living sknlls lfinance. social and domestic lifel, menlal and physi1 health i$s(res, emotional wellbeing and support with children and parenting. Other Donatlons & Grants This consists of donations received at the Charity's refuges and is utiknsed on providing support activibes to those housed in efflergency accommodalion. -33-
SAFER PLACES {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 14 Ufflrnslwlcted Fun T¢)tsl Fthd Fwwj Tolal 750.IOJ 175.tyM) 921W .455 1.511,4SS 1697.IXX)I s(Defi> toitheyear 265.266 119.(¥JOI 246.268 Remea5urementoIdefrfd 1187.WOI 1187,fthl Transfer betweeD Fwd5 In.0001 £774,723 177,C*JOI 77.0 £1.699.723 £11.028.OL¥)I 50.Q £175.LXQ E925.r £673.723 Bu4diry Fund Thi5 fyJnd is to
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 15 TaxatSon The nature of the ineome rec*ved and the company's chariiable activities means that no corporation lax liabilty arises on the results for the year and no VAT is recoverable on inputs or payable on oulpuls. 16 D•fin•d b•n•frt p•nsion Scheme Safer Place$ participates in a defined benefft pension heffle- Essex Pension Fund operated by Essex County Council. At 31 March 2019. Safer Places had 11 actNe. 64 deferred pensioners and 19 pensH)ners in the fund. The Employer pays contribubons of 24.5% plus an additional monetary amount each year. The assets allocation of the fiJnd is as follows.. 2021 £OOO's 2020 £OOO's Equities Gills other Bonds Property Cash Altemative Assets Olher Managed Funds 4,627 186 356 515 63 3,293 242 341 506 234 648 362 £5,626 59 12 605 £7.314 100% 100% Demograph As$umplion$ include the following life expectancy from age 65 2021 2020 Retiring t¢)day- Males Females 21.6 23.6 21.8 23.7 Retiring in 20 years- Ma Females 23.2 25.2 25.1 The Financial Assumptions are as folk)ws'. RPI Increases CPI IneaSeS Salary Increases Pension Increase5 Discounl Rale 3.2% 2.85% 3.85% 2.85% 2.00% 2.7% 1.9% 2.9% 1.9% 2.35% The pension cost and provision for the year ending 31 March 2021 are based on the advice of a professionalty qualified actuary. The most recent forrnal FRS102 valuation is dated 31 March 2021. The results of these valuations are set out below. -35-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 16 Defined benefft penslon scheme {contlnued ststwnent of Flnancial Position as at 31 M•i¢h 2021 2021 2020 2019 psent VahJe of Defined Benefft Obligati Fair Vue of Fund Assets 8,340.CKJO I7.314,)0 6.523.000 {5,626,000} 7.058,000 15,842,000) Net defined benefit liatH'lity 1.026,000) £897,000 £1,216,000 (b) Amounts recognised In Incom? and Expendlture 2021 2020 Service Costs Nel Interest on defined liability Administration Expense5 94,OC 19,000 4.000 £117.000 189.000 28,OOLI 2.OOJ £219.OOfl Re¢on¢iliation of Opening and Closing Balances of present Value of the defined benefil obllgation 2021 2020 Opening defined benefft 0blpJ8tn Current Service Cost Past Service Cost Interest Cost Changes in Denwraphic Assumpth"ons Experienced Gains on Deferred Beneffil As5urrptions Change in Financkal Assumpth"ons Estimated Benefits Paid Contributions by Stheme pacIpants Closing defined benefit obligation 6.523.000 94,000 7.OS8,000 113,000 76,000 169,000 175,0001 132,0001 1667,0001 1142,0001 23,QOO £6.523,000 152.000 {71.000} {91,0001 1.869.000 1157,000) 21,000 £8.340.000 Idl Reconciliation of Opening and Closing Balan¢e of Fair Value of Funds Assets 2021 2020 Opening Fair Value of Fixed Assets Interest on Assets Returns on Assets less Interest Other Actuarial Gains Administration Expenses Contributions by Employer Contributions by Scheme Participants Eslirnated Benefits Paid Closing Fair Value of Fund Assets 5.626,000 133.000 1,520,000 5.842,000 141,000 1445,0001 29,000 12,0001 180,000 23,000 1142,0001 £5,626,000 14,0001 175.000 21.000 1157.000 £7.314,000
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 16 Defln•d b•no111 nsIOn $¢hem¢ lcontlnuedl (el Sonsltlvlty Anatysls £OOO's +0.1% 8,169 136 £OOO's 0.0% 8,340 140 £DOO's Adjustmenl to Discounl Rate Present Value of Total OblylK)n$ Projected Service Costs 8.515 144 Adjustment lo Long Tern) Salary Increas• Present Value of Total Obligabons Projected Service Costs +0.1% ,350 140 0.0% 8.340 140 41.1% 8.330 140 Adju8tmont to Pension Increases and dolerred revaluation Present Value of Total Oblbjalions Projected Service Costs +0.1% 8.503 144 0.0% 8,340 140 41.1% 8.180 Adjustment to Life ExpecLincy Assumptions Present Value of Total Obligations Proiecled Service Costs +1Y•ar 8.703 147 Non• 8.340 140 -1 Y•ar 7,992 134 R•measurem?nts in Other Compreh¥nsiv* In¢ome 2021 2020 Return5 on Fund a55e15 in excess of interest Other Actuarial Gains on Asse15 Changes In Dem¢>araphic Assumpb"ons Experience gain5 in deferred benefft obligations Change In Financial Assumpts"ons Remeasurement of the net asse1s1ldefed liablty) 1,520,000 1445,0001 29,O¢JO 75.0(10 32,0¢]0 667.000 £358.000 71,000 91,DOO 11.869,000 £1187,0001 Ig) Proiected pension expense for the ytarto 31 March 2022 Service Cost Nel Interest on deferred h'abilty Administration Expenses Totsl Loss 140.(XXI 18,000 6,000 £164,OlXJ Employer Conlribulw)n £173.000 17 Related party transacllons During the year the charity made purchase$ of Piofessional Services £14.49012020'.1£13,5441 from D.Wildey. a Iruslee of the charty. No balance was due al the year end. No trustee received reimbursement of expenses 12020". travel exFense5 reimbursed to two trustees £5501. 18 Uttlmate control The charity is under no overall control. bul is administered by the trustees. -37-
SAFER PLACES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 19 Financlal commllments Al 31 March 2021 the charity was commitled to maknng foll(ywing payments under nonarbcellable operating leases. Land and Buildin 2021 2020 Other Operating teases whth expire 2021 2020 Within one year Betseen Nvo and five yea In mole than five year5 241.109 135.223 360.043 162.823 8,927 16,875 8,659 £376,332 £522.866 £8.927 £25,534 20 Capltal commitments At 31 March 2021 Safer Places had no cawtal MmItnts. 38-