FYLDE COAST WOMEN'S AID ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Company Reglstratlon No. 02806677 {England and Wale8) Charlty Reglslratlon No. 1022548
FYLDE COAST WOMEN'S AID LEGAL AND ADMINISTRATIVE INFORMATION Management Commlttee C Holder D Whalley N Dewhurst S Crouch Ms L Lawler Secretary S Crouch Charlty number 1022548 Company numbor 02806677 Reg18tsred ofllce Unlt 2 Otympic Courl Whllehills Buslness Park Blackpool Lancashire FY4 5GU Audllor Chanwlon Accountants LLP Unll 2 Olymplc Court Whllehllls Buslnass Park Blackpool Lancashlra FY4 5GU FY4 SGU Bankers Royal Bank of Scotland PIC Talbol Squar8 Blackpool Lancashlre FY11LE
FYLDE COAST WOMEN'S AID CONTENTS Page Managemenl Commlltee's report Slatem8nt of Management Commllte8's r8sponslbllllle5 Independenl audllorf8 report stalemenl of financial activities 10 Balance she8t 11 Stalemenl of cash flows 12 Notes (o Ihe flnanclal slalements 13-26
FYLDE COAST WOMEN'S AID MANAGEMENT COMMITTEE'S REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Th8 Managamant Committee presents ils report and accounts for the year ended 31 Mah 2024. The financlal statements have beon prepared In accordan wlth trie accountlng pollcles set out In nol8 1 lo th8 flnanclal st8temenis and comply with the charivs governing document, the Companies Acl 2006, FRS 102 "The Financial Réporting Slandard applicable in the UK and Republic of Ireland" and the Charities SORP 'Accounling and Reporting by Chariti8s". Statemènt of Recommended Praclice applicable lo charities preparing their accounts Sn acrL)rdance wilh Ihe Fln8ncial Reportlng Standard appllcable In the UK and Republic of Ireland {FRS 102)°. ObJoctlve8 and actlvltle3 Tha charitys aim is lo keep families safe from hami and enable Ihem to live their lives free from abuse. It's obJe¢llves are: to provlde for the rellef of women In Blackpool, iNyre and Fylde and adl8cent areas. to relleve dlstrass and sufferlng experienced by women who have been gravely or perslslenlly maltreated or abused and any chlldren of such women by eslablishment of a refuge to provlde shelter and a safa envlronment for such women and where approprfale. their childr8n. to reliove women from Ihe effects of such vlolence by providing and developing 8 SUPPOrt nelwork of people committed to r8lleving lh8 said distress experienced by women who have been, or are belng. sublected to mèntal and physical abus8. - to promole such other charltable purposes as are for the ben8llt of such Vmen. The organlsallon provldes safe temporary accommodallon for up to 12 famlllas at any one Ilme. FCWA provSslon is spread across the whole of the Fylde Coast. To support and facllilate a Complete wraparound seNice for domesllc abuse, FCWA provlslon Includes Independent Domesllc Abuse Advlsors. an Independent Sexual Vlol6nce Advisor: a Male IDVA: Oulfeach Communiiy Support: Children and Young People's Services, Safe Haven and an Internet SafelylCSE Worker. FCWA 8lso hosts lh8 only sp8clallsl domestic abuse helpline on the FWde Coast. strateg1¢ obJectlvo8: - to provlde effectlve emollonal support to women in a uisls slluauon. - to provide support and asslslance to help empower women lo make informed choices aboul th8lr Iiv8S. to provldè practical safely measures. such a8 Safely plans. p8nlc 818rm8 and lock changes, whlch enable women to Stay safely In their own homes. to consult with service useTS using the seprfice lo Inform 811 aspecls of our Serv1 dellvery and future development. to work in partnership with agencies, to inlorm best practice, identify sorvice gaps and address them (worklng strataglcally at regional and national level). - where necessary, to address these needs wth partner agencies by Inillallng educatlon and Iralnlng. The Management Commillee have paid due regard to guidance issued by the Charity Commlsslon In d8cldlng whal activilies the chartiy should undertake. They have grven due conslderallon to Ihe publlc beneflt reqLtlremenls requirements and consider that the provislon of reluge f8cililies fuifils Ihis requlremenl.
FYLDE COAST WOMEN'S AID MANAGEMENT COMMITTEE'S REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 A¢hlovemBnts and perfornianc8 As the demand for domestic abuse services conlinues to grow. wè are commitled to ensuring our resources are robust and acc&ssible lo all who need them. The year ahead will involve a concentrated effort to secure n8W Income slr6ams, Includlng grants, community fundiaisrng. and corporate partnerships, ensuring we can conlinue provldlThJ hlghquallty SUPPOrt to suprfivors. Durlng 2023124 FCWA helped more than 3.500 pe(ple on Fylde Coast remain safely in their own homes and accornmodated families who needed to 8scap8 because of abuse. In 2024125. we aim to enhance our oulfeach inilialives. mainly focusing on underserved communilles. Thls will includ8 inv881in9 In staff training, exploring digilal seNice delivery, and streryth8ning partnerships with local OTg8ni8allons. This year. we successfully re18unched our volunteer hub, a vltal component of our organisation that had ceased due to the pandemic. Volunteers are an exceplional part of our work, providlng invaluabl8 8UPPOrt lo survlvors and helping ext8nd our Services, rèach. The 8nthuslasm and dedlcatlon shown by our new Cohort of volunteers hav8 been both heartenlng and essenllal as we slrlve to meet Increaslng demand. Durlng Ihls reportlng perlod, FCWA Instructed Alan Chapman. an independent consultant, lo develop a new straleglc plan for the organisalion through a development grant from Lloyds Bank Foundauon's Enhance Programme. Work on Ihe straloglc oblecllves Included Alan conducllng one-tOne Inter¥lew8 wllh Ihe CEO, senlor managers, and Trustees about FCWA and Its future. Thls was followed by 8 m88llng with the Board ol trust88S to conslder Ihem8s from th8 feedback, whlch fomied the oblecllves. The Plan outllnes five strateglc objecllvas covetlng a three-year peri(MJ, each with sub-sectlons (eleven In lolal) and tasks Identifd. It is Intended that this will be a rolling P18n wlth obl8clSves updated annually. Th6 objectives were inforrned by analysls of both Ihe wlder operallng environment and FCWA 88 an organlsalion, Indudlng strengths and weakness88. Flnanclal revlew It Is lh8 pollcy of lh8 charity that unr8slrlcl8d lunds whlch hav8 not been deslgnal8d for a spe¢lfi¢ use should be mainlained al a level equlvalent to between slx and nlne months. expenditure, The Managemenl Comm5tlee conslders that reservos 81 this level will ensure that. in Ihe event of a significant drop In funding, th8y will be able to conllnue the charlly's current acllvllles whlle conslderallon Is glven lo way8 kn whlch addltlonal fund8 may be ral88d. thl81gV81 has b88n malntaln8d durlng th8 year. Dur5ng finan¢lal year 2020121. a property was purchased from which Ihe charity will be able to operate in Ihe long-term. Renovations and improvements to the property have been ongoing. Some of the funds as at 31*1 March 2024 remaln deslgnaled for Ihls purpose and also for upgradlng capital Ilems al the Indlvidual refuges, and the details ofwhich can be found in Nole 20. During financi81 year 2023124. Ihe prlncipal funrfing sources for Ihe charity were as delaSled In Note 18. Fylde Coasl Women's Aid also receives Housing Bengfit re18ting lo its three refuges. The results for Ihe year are sel out on page 10. and Ihe charity generated an overall surplus for lh8 period of £159,715 (2023 £333,018). Thls comprlsed an unr&strlcted surplus of £232.248 and a restrlct8d deficll of £72,533, as a result of spondlng from prlor years hlslorlc restrlcled reservos. Total lund balances carrled forward lo next year comprise unrestricted funds of £1,326,628 (some of which are designated) and reslriGted funds of £214.943. The Commlttee have conllnued to be prudent In lerm8 of necessary expenditure and have monllored Ihls closely Ihroughoul the year. They are mlndful of the ongoing importance of securing funding and constantly seek lo bld for new sources to enabl8 full servlc8 18V81s to continue. Havlng built up reservos In prior years, 11 would b posslble to continue to fund certaln services from exlsling resources when extemal fundlng ends. However. Ihls is monitored regularly on a case by case basis and new fundiw is continually being sought to minimise the likelihood of a drawdown from reserves being required.
FYLDE COAST WOMEN'S AID MANAGEMENT COMMITTEE'S REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT> FOR THE YEAR ENDED 31 MARCH 2024 202412025 Prlorltlos Focus on sustslnlng quallty servlcÈs that aré commltted to preventln9 and tacklln9 domestlc abuse. 2025 has some specific funding challenges. One of our local authorily conlracls ends in August 2025. Therefore. focuslng on the recommissionlng of Ihis service 11 b8 a priorlty. Conlinue to work with FCWAS survlvorfs panel. lisiening to and collaborating with survbVOTS, children, and families that have experienced domestic abuse. Strengthen core servlces and expand FCWA'S outreach provlsion. Ensurlng FCWA'8 volunteer hub conllnu8S to devèlop wlih lh8 n8c8ssary support wlll remaln a key focus for 2024125. structurei governanco and managemont Th8 charlty18 8 company IlmSted by guarante8. The oblecllv8s are: - to provide lor the relief of women In 8lackp(M)l. Wyre and Fylde and adjacent areas. - to rellev8 dlslress and sufferlng experlenced by wom8n who have been gravely or p8rslstenlly maltreated or abused and any children of such women by e$tabllshment of 8 refuge to provlde shelter and a safe envlronmenl for such women and wh6re appiopriale Ihelr chlldren. - lo relleve women from tha effects of sh vlolence by provldlng and developlng a support nelwork of people commilled to relieving the sald distress experienced by VMen who have been. or Bre being. subject to mental and physical abus8. - to promote such olher ¢harltable purp08es as a for Ihe benefit of such Vmen. The Management Committee. who are atso the direclors for the purpose of company law, and who served during Ihe year and up lo Ihe dale of signature of the financial statements were.. C Holder D Whalley N Dewhurst S Crouch J Bradley Ms L Lawler {Resigned 31 March 2024)
FYLDE COAST WOMEN'S AID MANAGEMENT COMMITTEE'S REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 None of the Management Commiltee has any beneficlal Interest in Ihe company. All of the Managemenl Commitle8 are members of the company and guaranlee lo conlfibule £1 in Ihe evenl of a wlnding up. New trustees are encouraged to attend 3 Inducuon m88llngs wSth members of Ihe commllleo to famlllarlse themselves wlth the charlly and Ihe conlexl wilhin which il operales. These meellng5 are Jolnlly led by Ihe Chalr of the Management Committee and Ihe Service Manager and cover:. - th8 obllgatlons of the Management Commltlee - the maln documents whld) set out Ihe operallonal framework for ihe charlty Indudlng lh& Memorandum and Artlcle8 - resourclng and Ihe currenl flnancial position a8 Set out kn (he lalesl published a¢count8 future planB and oblecllves. An Induction pack draws together infonnalion from varlous Charity Commission publlcalions as signposled through Ihe Commission's Gulde to the Essenllal TTusle8. TTUStees are encouraged lo undergo relevant Iralnlng to enhance thelr knowledge and legal responsibililles. The organlsation Is managed by a Volunteer Managemenl Committee of up lo 11 members who meet every 2 months and are responslble for Iha Straleglc dlrects'on ol the chafity. In addllion a membor of tho Soroplimisls is co-opted onto Ihp committee bul h85 no voling rights. A syslem of del8gated sponSIbl111Y1$ In pl8c8 and day lo day responslblllty for the provlslon of servlces rests wllh the Chlef Execullve Offlcer, ervlces Manager and Flnance Officer. The senlor staff member wlth overall responslbllity for the day lo day managemenl of Ihe charlly 1$ Tlna Hlbbard. staff remunerallon Is assessed uslng Industry benchmarks and Ihe truslees made all final declslons on salarle8 and pay awards after discussion wilh Ihe CEO. Thè charlty has an ongolng risk assessment policy and Ihls Is dlscu8sed al regular management meellngs. The Commlttee revlews Ihe major rtsks to whlch the tharlly Is exposed malnlalnlng a Rlsk Reglster wllh approprlale syslems and procedur6$ put In place to mitlgate thos8 rlsks. External risks have led to th development of a Straleglc Plan.Internal control risks ar8 mlnlmlsed by Ihe Implemantallon of procedures for aulhorisation of all Iransactlon$, actlvlt18s and prolecis. Procedures are In place to ensure comp118nce wilh h8allh and safety of 8laff, volun(e6r8, seprfice users and bulldings withln whid) the charlty operales. Thè Managemenl Commlttee has approprlal8 quallty assurance 8y8tems In place to ensure that servlces meet specified standards. The charity is working at Level Two of Charltles Evaluallon Servlces PQASSO{Pracli¢al Qualily Assurancè System for Srnall Organlsallons). and Ss meeting the Supporting People quality assurance measures and have mel WAFE(Wom8n's Ald F8d8rallon of England) Nallonal Service Standard5 for Oomesllc and Sexual Vlolence. At a natlonal level the National servi Slandards for Dombslic and Sexual Violence SeICes have b8en developed by Women's Aid Federalion of England and the commli lee adhere lo these stand8rds. Alongsid8 this Ih8r8 is a variely of legislation, policies. guidelines and quality 8ssur8nce framework Ihat hav8 informed Ihe ¢harills response to iJom8stlc abuse . The chailty has continued lo mair)lain a pres8nce and Involvement wllh the Dom851ic Alxjso Forum, Crlme end Dlsorder Partnerships. Communily Safely Partnerships, Local Stralagic Parlnerships. Govemmant Office Norih Wesl. Lancashire Safeguarding Children Board and other volunlary and stalutory initialives. and contlnue lo work alongside partner agenaes lo support Ihe delivery of Ihe National t>omestic Violence Delivery Plan.
FYLDE COAST WOMEN'S AID MANAGEMENT COMMITTEE'S REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Asset cover for funds Notes 16,17 & 19 sel oul an an8lys15 of th8 assets atlrlbulable to the various funds and a description of the funds. Thesa assets ara sufficlenl tr) m88t thè charity& obligations on a fund by fund basis. Audltor The audltors, Champion Accountants LLP, aT8 deemed lo b8 reappolnled under secllon 487(2) of the Companles Act 2006. Dlsclosure of Informatlon to audllor Each of Ihe Management Committee has confirmed Ihal there is no Infomiallon of whEch they are aware which 18 relevant to the audlt. but of whlch the audllor Is unaware. They have further conflrmed that they have taken appropriate steps to Identify such relèvanl Inlormatkon and lo establish Ihat the auditor is aware of such Informatlon. The Manaoemenl Commiltee's report was approved by the Board of Trust8es N D8whurst Trustee Dated,, 17.11. 1014
FYLDE COAST WOMEN'S AID STATEMENT OF MANAGEMENT COmMIEE's RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Management Committee, who aro also tho directors of Fylde Coast Women's Aid for the purpose of company law. are responsible for preparing the Managemenl Committee's Report and Ihe financial stalemenls in accordance wllh appllcable law and United Kingdom Accounting Slandards (Uniled Kingdom Generally Accepted Accounting Practice). Company law requires the Management Commillee lo prepare financial slalements for each financial year which give a l(u8 8nd falr vl8w of Ihe stal8 ol affairs of tha charily and of Ihe incoming resources and applicalion of resources, Includlng the Income and expenditure, of the charfiable company for Ihal year. In preparing these financial slatemenls. the Management Commlllee are required to: select suitable accounting policies and then apply Ihem consistently- obseTve the methods and principles In the Charities SORP; make }udgemenls and eslimales Ihal are Teasonable and prudenl: stale whether applicable UK Accounting Slandards have been followed. subject lo any material departures dlsdosed and explalned In the financlal 8talemenls: and prepare the financlal statements on Ihe going concern basls unless11 Is Inapproprlate to presume that Ihe charlty wlll continue In operation. Th8 Managem8nt Commill8& aTe r&sponslbl8 for keeping ad8quat8 accounting records that disclose wilh reasonable accuracy al any lime the financial poslllon ol the chaflty and enable them to ensur8 Ihat lh8 flnanclal slalemenls comply with Ihe Companies Act 2006, They are also responsible for safeguardlng thg assets of the charity and hence for laklng reasonabl8 8lep8 for th8 prevenlion and delecllon of fraud and othèr Irregularilles.
FYLDE COAST WOMEN'S AID INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FYLDE COAST WOMEN'S AID Oplnlon We have audiled the financial statements of Fylde Coast W0nn'S Ald (the 'charity') lor the year ended 31 March 2024 which comprise the stat8m8nl ol fin8ncial activities. the balance sheet. Ihe sl8lement of cash flows and not88 lo the flnanclal statements, Including slgnificant 8ccounling pollcies. The financlal reporting framework that has been applled In Ihelr preparallon 15 appllcable law and United Klngdom Accounling Standard5, Including Flnanc5al Reporting S18nd8rd 102 The Financial Reporting Sl8ndard applicable in Ihe UK 8nd Rgpubllc of Ireland (Unlted Klngdom G6ner8lly Accepted Accountlng Pra¢tl¢è). In our oplnlon. the financlal stalement8'. give a true and fair view of the state of the chariiable companvs affairs as at 31 March 2024 and of its incomlng resourc8S 8nd application of resources, including its incom8 and exp8ndllure, for th8 y88r Ih8n ended., have been properly prepared in accordance with United Kingdom Generally ACpted Accounting Praclice. and have been prepared in accordance the requiremenls of the Companl8s Act 2006, Ba81s for oplnlon We conduct8d our audlt In accordance with Inlernatlonal Standards rjn Audltlng (UK) (ISAS (UK)) and appllcable law. Our responslbilitles under those standards are furlher dasctlbed In the Audllorfs responslbllllles for Ihe audlt of Ihe financial stat8mentS S8cllon of our report. We are independent of the charity in accordance with the elhlcal requlrements that are relevant to our audll of the Ilnanclal slalements In Ihe UK, Includlng the FRC'S Ethlcal Standard. and we have fulfilled our olher ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have ob18ined Is sufficient and 8ppropriat8 to provide a basls for our oplnlon. Concluslons relallng to golng concern In audltlng the financlal slat6menls, we have concluded that the Management Committee's use of Ihe golng concem basls of accounllng In (he preparatlon of financ181 slat8m8nt818 approprfate. Based on the work we have performed. we have not klenlified any material uncertalnties relating to events or conditions that. individually or collectively. may cast significanl doubl on the charily'8 ability to continue as a going concern for a perlod of al least twelve monlhs from when the financial stalem8nts are aulhorised for issue. Our responsibillties and the responsibililies of the Management Commltlee wllh r8specl lo golng concern are descrlbed In the relevant socllons of this reporL Other Informatlon The other information comprlses the Infomiatlon included in the annual report other than the financial slalements and our audilorfs report Ihereon. The Management Commlllee are responslble for the other 5nformallon contalned wllhln Iha annual report. Our oplnion on tha financlal stat8mgnls do8s nol cover th8 olh&r information and, except to the extent olhorwlse expli¢ltly stalgd In our report, we do not express any form of assurance conduslon Ihereon, Our responsiblllly Is to read Ihe other information and, In doing so, conslder whether the olher lnfom7allon Is malerlally inconsistent with the financial slatemenls or our knowledge obtained in Ihe course of the audit, or oth8rnls8 appaars to b8 malerlally mlsslaled. If we id8nUfy such malerlal inconslslendes or apparent matorlal mlsstglemgnls, we are requlred lo delemlne whether Ihls gives rlse to a materlal mlsstatement In Ihe flnanclal stalemenls Ihoms8lv6s. If. based on the work we have perfomied, we conclude that there is a material mlsstatament of thls olhgr Informallon, are r8qulr8d to report that fact. We have nolhlng to report In Ihls Tegard. Oplnlons on other matters prescrlbed by Ihe Companves Act 2006 In our opinion, based on the WOTk undertaken in the course of our audil: the information given in the Management Committee's report for the financlal year for whl¢h the flnancial statements are prepared, which includes Ihe directors, report prepared for the purposes of ¢ompany18W. is consislenl wilh the financial statements- and the directors, report included within the Management Commiltee's report has been prepared in accordance wlth applicable legal requirements.
FYLDE COAST WOMEN'S AID INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FYLDE COAST WOMEN'SAID Matters on whlch we are requlred to report by exceptlon In the light of Ihe knowledge and underslanding of the charily and it5 environment obtained in Ihe course of Ihe audit, we have not idenlified material misslatements in Ihe diieclors, reporl included wiihin the Management Commlllee's report. We have nolhlng lo report In respect of the lollowlng malters In ielation to whlch the Companles Aot 2006 requlres us lo report to you If. In our oplnlon.. adequate accounting records have not been kept, or relums adequale for our audil havo not been recelved from branches not visited by us; or Ihe financlal slat8m8nts are not In agregrn8nt wlth the accounllng records and retums: or cerlain disclosures of truslees. remunerallon specified by law 8re nol made- or we havg not rec8ivpd all th8 information and explanations we require for our audlt: or thè Management CommSltee were not entitled to prepare Ihe financial statements In accord8nce wlth the small ompanies regime and take advantage of the small companles, exemptions In preparlng the Management Commiltee's report and from th8 rewlrement to prepare a stralegic report. Re8ponslbllltle8 of Management Commlllee As explalned mre fully in the statement of Managèmènt Commlttee's resp)nslbllllles. the Managemenl Commltle8. who are also Ihe dlraclors of Ihe charity for Ihe purpose of company law. are responsible for the preparalion of the flnan(aal sl818ments and for being sati5fled that they give a true and fair view. and for such Snlernal control a8 the Management Committee détermine Is necessary to enable Ihe preparallon of financlal slalements Ihat are free from materSal mlsstalement, whelher due lo fr8ud or èrror. In prep8rlng the financlal stalemenls. the Managemenl Commllte8 arè responslble for assesslng the ¢harily's abilily to conllnue as a going concern, dlsclosSng, as appll¢able, matters related to golng concern and uslng the golng concem basls of accountlng unless Ihe Management Commllle6 èllhèr Intend to Ilquldale Ihe charitable company or to cease operallons, or have no reallsllc alternatlve bul to do so. Audltorf8 responsibllltles for the audlt of the Ilnanclal statements Our obl8cllves ar& lo oblaln rèasonablè assuran¢8 about bvhelher Ihe financial slalernents a5 a whole are free from malerlal mi5slalgmenl. whether due lo fraud or error, and lo Issue an audllorfs report Ihat Sncludes our oplnlon. Raasonable assurance Is a hlgh lèvel of assurance but is nol a guarantee Ihal an audlt conducled in accordance with ISAS (UK} will always delect a material misstatement when it exisls. Misstal8ments can arise from fraud or error and are considered material if. individually or in the aggregate. they could reasonably be expected to Influence the 8conomlc déclslon5 of users taken on the basls of Ihese financSal statements. Irregularilles, Includlng fraud, are Instances of nonacompliance wllh laws and regulalions. We design procedures In Ilne with our responsibillties, oullined above, to d81ect material mlsstalem8nts In respect of Irregularllles, Includlng fraud. The extent lo whlch our procedures are capable of detectlng Irregularlllès, Includlng fraud, Is delalled below. As part ofour planning process: we enquired of management tho systems and controls the charity has in place. the areas of the Ilnanclal statemenls that are most susceptibl8 lo lh8 flsk of Irregularities and fraud. and whelher there was any known. suspacted or alleged fraud. Management dld not Inform us of any krWn. suspected or alleged fraud. we obtalned an understanding of the legal and regulatory fr8mework applicable lo the charity. We determlned Ihat Ihe following were mosl relevant . Charilies SORP FRS 102. Companles Act 2006. we considered Ihe Incenlives and opportunities Ihal exist In Iho charity. Including Ihè 8Xtent of management blas. whlch prosent a polentlal for irregularltles and fraud to be perpelraled, and tailored our risk assessment accordingly. uslng our knowledge of lh8 charlty, together with the discussions held with manag8ment at the planning Stage. we form8d a concluslon on lh8 risk of missts18m8nt due to Irrégularitlas Includlng fraud and tallored our procedures according to this risk assessment.
FYLDE COAST WOMEN'S AID INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FYLDE COAST WOMEN'S AID The key procedures we und8rtook to d8t8ct irregularitles Including fraud during tha course of thg audit Included.. Identifying and tesllng joumal entries In the overau accountlng records, In partlcular those that were unusual or slgnificant. reviewing the finanal staternenl disclosures and determining whether accounling policie8 have been approprlately applied. reviewing and challenging the assumption and judgement used by managem8nt in Iheir significant accounting 8Stimales, in particular in 181ation to restricted fund movements and grant incom8 r8cognltion. - assesslng th8 8Xtenl of compl1Ce, or lack of. wllh relevanl laws and regulallons. - obtaining Ihird party confirrnalion of material bank balances. docum8nting and vorifying all significanl r8laled party balances and transactlons. There are Inherent limllalions In our audit procedures described above. Th8 mor8 removed that laws and regulations are from financial transactions. the less likely il Is that we would becom8 aware of non-compliance. Audlting standards 81so limit the audil procedures required to Identify non-compliance with laws and regulations to enqulry of Ihe trustees and olh8r management and the inspection of regulatory and legal correspondence, If any. Materlal rnlsslalements that arlse due lo fraud can be harder to delect than Ihose that arl$8 from error as they may involve dellberate concealment or colluslon. A further dgscrlpllon of our responsibllitles Is available on the Flnanclal Reportlng Coundl's webslle at: htlps:11 www,frc.org.uklaudltorsresponslbllill8s. This d8scrlpts.on forms p8rt of our auditorfs report. Use of our r•port Thls r8POrt18 mad8 8018ly lo th8 charitabl8 company's members, as a body. In accordance wlth Ch8Pter 3 of P8rt 18 of the Companles Acl 2006. Our audlt work has been undertak8n so that we might state to Ihe charitable company's members those mallers we are required lo stale to them in an audilor's report and for no other purpose. To the full6s1 oxlent P8rmllled by law, we do not accept or assume responslbSllty to anyone other than Ihe charllable company and th8 charllable company's members as a body, for our audit work, for thls report. or for the oplnlons we have formed. Deborah Thorn FCA (Senlor Statutory Audltor) for and on behalf of Champlon Accountants LLP Iq ZO Z Charterod Accountants statutory Audltor Unlt 2 Olymplc Court Whitehills Business Park Blackpool Lancashlre FY4 5GU Lancashiro FY4 5GU
FYLDE COAST WOMEN'S AID STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcled Reslrlcled funds fund3 2024 2024 Total Unrestrlcled Reslrletod funds funds 2023 2023 Total 2024 2023 Notes In¢ome and ondowment8 from: Donations and legacles Charitabl8 aclivitl88 Inveslmants Other Income 25.450 200.486 17.763 4,722 25,450 992.977 1,193.463 17.763 4,722 48,402 229,841 4.601 3,144 48.402 1,025,171 1,255,012 4.601 3,144 Total Income 248,421 992,977 1,241,398 285,988 1,026,171 1.311.159 Expendlturè on: Charitable aGtlviti8S 10 106,672 975,011 1,081.683 59,030 919,111 978,141 Total expendllure 106.672 975.011 1.081.683 59,030 919,111 978,141 Net Incomo 141,749 17,966 159.715 226.958 106,060 333,018 TranBlers between funds 90,499 {90,499) Nèt movement In funds 232,248 (72.533) 159.715 226,958 106,060 333,018 Reconclllatlon of funds: Fund balances al 1 April 2023 1.094.380 287.476 1.381,856 867,422 181,418 1,048,838 Fund balancos at 31 March 2024 1,326.628 214.943 1.541,571 1.094,380 287.476 1,381,856 Th8 slatem8nt of financial 8clivilies indudes all gains and losses r8cognlsed in the yoar. All income 8nd expendllure derive from wntlnulng actNltles. 10-
FYLDE COASTWOMEN'S AID BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Flxed assels Tangible assols 13 236.893 243,883 Current assets Debtors Cash al bank and in hand 14 87.796 1.270.583 141.521 1,057,502 1.358,379 1,199.023 Credltors: amounts falllng duo wlthln one yoar 15 (53,701) <61.050) Net currènt a8SgIs 1,304,678 1,137,973 Total asset8 le88 current Ilabllltles 1.541.571 1,381,856 The funds of the ¢harily Reslricled income funds Unreslricled funds 18 21 214,943 1.326.628 287,476 1,094,380 1.541.571 1,381,856 17.ia.J4 Thè financl81 Slalements were approved by1he M8nag8m8nt Commitlee on ........,........,....... N Dewhurst Trustee Company reglstrallon numb8r 02806677 (England and Wales) 11
FYLDE COASTWOMEN'S AID STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from operatlng a¢tlvltles Cash generated from operations 199,484 121,768 Investlng acllvStles Purchase of tangible fixed assets Investment Incoffle recelved (4.166) 17.763 (23,917) 4,601 Net cash generated froml(us8d Inl Investlng actlvltiès 13,597 (19,316) Net cash generated from flnancing aetlvltlès Not Incro08e In cash and cash equlvalents 213,081 102,450 Cash and cash equlvalents at beginnlng of year 1,057,502 955,052 Ca8h and cash equivalent8 at end of year 1,270,583 1,057,502 12-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng poll¢l8s Charlty Informatlon Fyldo Coast Women's Ald Is a privat8 company Ilmit8d by guarantee incorporated in England and Wale8. The r8glstered office Is . 1.1 Accounllng ¢onvènllon The financial slatemenls have been prepared in accordance with the charity's governing documant, Ihe Companlas Act 2006, FRS 102 'The Financial Reporting Standard applicab18 in Ihe UK and Republlc of Ireland" and th9 Charllles SORP "Accountlng and Reporting by Charities.. Statement of Recommondod Pra¢ll¢e appllcable to charili65 preparing thoir accounts in accordance with th8 Flnanclal Reportlng Standard 8ppllcable In the UK and Republlc of Ireland (FRS 102)" The charity Is a Publlc Beneflt Entlty as defined by FRS 102. The financlal 81alemenls are prep8red kn sterllng, whlch Is the funcllonal Currency of Ihe charity. Monetary amounts In those flnand81 stalements are rounded to the neare8t £. The flnanctal statemen18 have been prepared under the hlslorlcal cost convenllon. The princlp81 accounllng policles adopted are set out below. 1.2 Golng concern At the tim& of approving th8 financial stat8m8nl8, th8 Manag8m8nt Commllteè have 8 r8ason8b18 exp8Ct811on that the charlty h8S 8dequal8 resourcas to conllnue In operallonal exlstence for Ihe foreseeable future. Thus the Management Commlllee conlhue to adopt the golng concern basis of a¢¢ountlng In preparlng the flnanclal statemenls. 1.3 Charltable funds Unrestricted funds are available for use at Ihe dlscretlon of the Management Commltte8 In furtherance of thalr ch8rltabl8 objectives. Designated funds comprise funds which havo been sel asld8 at lh8 dlscr811on of lh8 Managem8nl Commlllee for specifEc purpose8. The purposes and uses of the d881gnated funds are sel oul in th8 notes lo the flnancSal stalements. Restricted funds are subjecl to specific condilions by donor8 or grantors as to how they may be used. The purposes and uses of Ihe reslrfcted funds are set out in the notes to the financlal statements. Endowment funds are subject lo specfflc condilions by dorK)rs thal the.capital must be mainlained by the ¢harlty- 1.4 Incom8 Income Is recognlsed when the diarity is legally enlitled to it after any performance condltions have been mel, the amounts Can be measured reliably, and it is probable that income will be received. Cash donailons are recognlsed on recelpl. Other donatlons are rerognlsed once the charity ha5 been nolified of the donation, unless perfoimance condilions require deferral of the gmounl. IncomB t8x recoverable in relation to donations received under Gift Aid or deeds of covenant is recognlsed al tho Ilm8 of Ihe donation. Legacies are recognised on reIpt or olhenvlse If the charlty has been nolllled of an Impendlng dlslrlbulion, the amount is known, and receipt is expected. If the amount is nol Imown, the legacy Is Ireated as a contingent asset. 13-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Contlnued) Income from govemment and other grants is recognlsed when the charity has entitlement to the funds. any performance condilions attached to lh8 granls have been mel, it Is probable Ihat the income will be recelved and thè 8mounl can be measured reliably and is not deferred. Houslng benefil income Is recognlsed when recelvable. 1.5 Expendltur8 Expenditure is recognlsed once there Is a legal or conslruclive obligalion lo make a paymenl to a third party. il is probable that selllomgnt will bg requId and tha amounl of the obligalion can be measured reliably. Reslricled funds are to be used for Ihe speciflc purposes as laid down by Ihe donoi. Expenditure whl¢h meels Ih18 ¢rlterla18 Identiried to Ihe fund. together wilh 8 fair allocation of managem8nl and supporl c08ts. Expendlture Ihal Is not covered by restrlct8d funds Is mel out of unrestrlcl8d lund8. Manag8m8nt and admlnislrallon 81$ of the cornpany relaie io the cenlfal costs of management Includlng costs of meellngs. audit and slalutory ¢ompllan¢8. 1.8 Tanglble flxed a8so1s Tangible fixed assets are Inillally measured at cost and Subsequenlly measured at CO81 or valuatlon, nel of depreciallon and any impairment1088es. Oepreclalion is recognised so as lo wrlle off the cosl or valuation of assels less thek resldual values over their US8ful lives on the followlng base5: Land and bulldlngs Property Improvement Plant and machinery Flxtures and fitting8 2% on cosl of buildlngs - no d8preclatlon on land 2Y• on cost 20% on cost 20% on cost The g8ln or loss arislng on Ihe d18posal of an ass81 Is determined as the difference b8lween the Sale proceeds and Ihe carrying value of the asset, and Is recognls8d In the statement of financlal acllvllies. 1.7 Impalrment of flxed assets At each reportlng end dale. the charity revlews Ihe carrylng amounts of Ils tangible assels to delermlne wholhor IheTe is any IndScalion Ihal those assals have suffered an Impairrnent loss. If any such indicallon exlsls, Ihe recoverable amount of Ihe asset is estimated in order lo d8termlna the 8Xtont of Ihe impalrment loss {rf any). 1.8 Cash and cash equlvalenls Cash and cash equivalents Include cash in hand, deposlls held al call wllh banks, other short-lerm liquld Investments wilh original malurilies of thre8 months or less, and bank overdrafts. Bank overdrafts are shown wllhln borrowlngs in currenl liabllilies. 14-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollclès (Conllnued) 1.9 Flnanclal Instruments The charity has elected lo apply the provlsions of Seclion 11 'Baslc Flnanclal Instruments, and Sectlon 12 'Olher Financial Instruments Issues. of FRS 102 to all of lis financlal Instruments. Financial inslrumenls are recognised In the charivs balance sheet when the charily becomes party lo the contractual provlsions of the instrumont. Flnanclal assets and Ilabllltles ar6 offset, with the net amounis presenled In the financlal statemenls, wh&n there Is a legally enforceable righl lo sel off th8 recognised amounts and there Is an Intentlon to setlle on a net basls or to iealise the asset and sellle the Ilablllty slmultanaousty. Baslc Ilnanclal assets Baslc financlal assats. whl¢h Include debtors and cash and bank balances, ara Inltlally measured at Iransacllon price in¢ludlng Iransa¢llon Costs and ao subsequently carried at amortised cost uslng the effecllve Interest method unless the arrangement constilutes 8 financlng Iransacllon, where Ihe Iransacllon is measured at th8 present value of thè future receipts dlscounted at a market ral8 of inlerest. Financial asse18 classlfied as racelvable wlthln one year ale not amortised. Bas1¢ Ilnanclal Ilabllltlos 888lc flnanelal Ilabllllles, Includlng ciedllots and bank loans are Inillally recognlsed at Iransacllon prlce unless Ihe arrangement constilules a financing transactlon, where the debl Instrument Is measured al the present value of the fulure payments dlscounted al a market rate of interest. Financial liabilities Classified as payable wilhSn one year are not amort18eil. Debt instruments are Subsequenlly carried at amortlsed cost, uslng the effecllve Interest rate method. Trad6 credllors are obll9allons to pay for goods or Se$C8S Ihal hav8 bean acquir8d Sn lh8 ordSnary course of operalions from suppllers. Amounls payable are classified as current Ilabililies If payment Is due wllhln one year or less. If not. they are presented as nonwcurrent liabilities. Trado creditors are recognlsed Ini118lly al Iransacllon price and subsequenlly measured at amortised cosl uslng th8 8ffecllv8 Inl&resl melhod. D8recognltlon of flnanclal Ilabllltles Flnanclal Ilabilitles are derecognlsed whan Ihe charlly's contractual obllgalions explre or are dlscharged or cancelled. 1.10 Employee benents Th8 Cosl of any unused Iv)Ilday entillemenl Is Tecognised in the perlod In whlch Ihe employee's servlces are re¢elved. Terminallon beneflts are recognised Immedi8tely as an expense when the charity is demonstrably commilled to lermlnalg the empk)ymenl of an employee or to provide lermination benefits. 1.11 Rètlrament beneflts The charity operates a defned conlributlon penslon scheme for its employees. Contribulions are charged In the accounts as they become payablg In actt)rdance with the rules of the scheme. 15-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Crltl¢al accountlng asllmatés and Judgements In the applicallon of the charfly's accounllng pollcles. the Management Commlllee are requlred lo make ludgemenls, estimates and assumptions about the carying amount of assets and Ilabllllles Ihat are not readlly apparent from other sources. The estimates and associated assumplions are based on hlstorlcal experience and other factors Ihat are conslder8d to be felevanl. Aclual re8uII8 may differ from these e8tlm8lBs. The estlmates and underlying assumptions 8re reviewed on an ongolng basls. Revislons to accountlng 8Stlmat8s are fecognlsed in the p8riod in which the estimate is revised where the revislon affects only Ihal perlod, or In tha p8rlod of Iha rovlslon and fulure periods where the revislon affects both current and lulure periods. Crltlcal ludgomenls Usaful economlc Ilfe of langlble flx8d assets Tho useful economlc 1Sfe of tanglble flxed assets Is judged al the poinl of purchase and revlewed at ea¢h Ilnanclal reportlng date. This ludgemenl is based upon Ihe trustee's exlenslve knowledge of the industry in which the company opèratès and of the Indivldual assels. As slandard buildings and property Improvèmanls have a useful Ilfe of 50 years and fixiurès and fittings 5 years. Impalrm8nt of tanglble flxed agsets Al e8ch balance sheel dale, the Iruslees undertake an assessrnenl of thè carrylng amounls of Ianglble flxed assets, b8sed upon their knowledge of each Item. lo determine whether Ihere Is any indicallon Ihal the assels hav8 suffar8d an impalnnenl108s. Whefe necessary. an impalmient chafge Is recognlsed within the financial statements, Incom8 from donallons and leg8¢les Unre8trlcted Unre8trlcled funds funds 2024 2023 Donatlons and gSfts Legacles 25,450 25,939 22,463 25,450 48,402 Incom8 from Inv8stment8 Unrestrlcted Unrestrlcted funds funds 2024 2023 Interest receivable 17,763 4,601 16-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Other Income Unrestrlcted Unrestrlcted funds funds 2024 2023 Other income 4,722 3,144 Chailtable actlvitles 2024 2023 S8rvlc8 charges Performance related grants Charltabl8 rental Income Granls received from Supportlng Peopte 8.744 922,605 140,756 121.358 1,339 1,011,563 127,252 114,858 1.193.463 1,255,012 Analysis by fund Unreslrlcted funds Reslrlct9d funds 200.486 992,977 1.193,483 For th8 yèar endéd 31 March 2023 Unreslrlcled funds Reslricled funds 229,841 1.025,171 1,255,012 Nel movement In funds 2024 2023 The net movement In funds Is staled after ¢hargin91{crediting): Fees payable for the audit ol the charitS financial slatemenls Depreciation of owned tangible fixod assots Loss on dlsposal of tangible fixed assets 3.600 10.595 557 2,600 9,989 17-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Mana9oment Commlttee No remuneratlon was paid to any of the Iruslees during Ihe year. Support C03ts allocated to actlvltlès 2024 2023 Depreciallon Governance co8t8 557 17,794 17,222 18.351 17,222 Analysed betwe8n; Charit8blo acllvilies 18,352 17,222 WAR NING DOE NOT AGR EE <1) 18-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 1 Ocharltable actlvltle8 Dlrect Dlrect charltable charltable expendlture expendlture 2024 2023 Staff costs Rent Rates Insurance Heal & light Repalrs and malntenanca Postage. stationery and advertising Telephone Travelllng expenses Children's aclivilie8 Training and hospStality Sundry Subscriptions Bank charges 844.054 26,574 6,499 16,946 20,268 72,889 5,188 27,059 5.439 532 11,547 23.531 1,818 987 780.637 24,568 4.862 13.902 18.361 49.044 6,224 24,687 4,578 741 12,268 18.072 2,139 836 1,063,331 960,919 Share of govern8nca (x)sls (See nole 9) 18,352 17,222 1,081,683 978,141 Analy313 by fund UnrestfS¢ted funds Rèslrlcled funds 106,672 975,011 59,030 919.111 1.081.683 978,141 The management ¢omtnitl88 are of the opinlon Ihat the majority of expendllure in¢luding waggs. is directly ralaled lo charilable activities. 11 Employees Thè average monthly number of employees during the year was: 2024 Number 2023 Number Women's refuge workers 38 34 19-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Employees (Contlnued) Employmont cost8 2024 2023 Wages and salarles Olhei penslon cosls 790,508 53,546 733.580 47,057 844,054 780.637 The full Ilme equivalent 8laff numbers for Ihe year being 29 (2023 .27). There w8re no 8mploye8s whos8 annual renwneration vms mor8 Ihan £60,000. Remunoratlon of key managèment pèrsonnel The remuneration of key manag9ment personnel was as follows: 2024 2023 Aggregate compens811on 90,657 90,711 12 Taxatlon The charlty Is exempt from laxallon on Ils ac15vlll8s because all Ils Income Ss applled for charltable purposes. 13 Tanglble flxed a88018 Land and Prop•rty bulldlng5 Improvemènt Plant and Flxluro8 and machlnery Ilttlnga Total Cost At 1 Aprfl 2023 Additions Dlsposals 209.862 57,271 39,173 57,245 363.551 4,166 4,166 (8,896) (18,124) (9,228) At 31 Mar¢h 2024 209,862 57,271 29.945 52,515 349,593 Depreclatlon and Impalrment At 1 April 2023 Depre¢lallon Charged In the year Elimlnaled in resp8Ct of disposals 7.988 4.197 27,879 1,145 39.148 44,654 119.669 5,253 10.595 (8,343) (17.564) (9,221) At 31 March 2024 12.185 29,024 29,927 41,564 112,700 Carrylng amount At 31 March 2024 197,677 28,247 18 10,951 236,893 At 31 March 2023 201,874 29,393 25 12,591 243,883 -20-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Tanglbl8 flxsd assets (Contlnued) 14 Debtors 2024 2023 Amount8 falling due within one year: Trade debtors Prepayments and accrued Income 74,005 13.789 126.969 14.552 87.794 141,521 15 Credllors: amounls falllng due wlthln ono ygar 2024 2023 Not09 Olher taxallon and soclal 8ecvrlty Governmenl grants Accruals and deferred Income 11.626 25.000 17,075 16 45,000 16,050 53,701 61,050 16 Governmenl grants Deferred Income Is Included In tha flnanclal slatemenls as follows: 2024 2023 Deferred income is inclLKl8d wSthln: Current Ilabllllles 25,000 45.000 Movements Sn the year.. Def8rred Income at 1 Aprtl 2023 R816aséd from prevlous perlods R050urces deferred in the year 45.000 (45.000> 25,000 140.162 (140,162) 45,000 Deferred incomg at 31 March 2024 25,000 45,000 -21-
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Analy818 of not assels belw8en funds Unr•8trlcted funds 2024 Rostrlcted funds 2024 Total 2024 At 31 March 2024: Tangib18 assets Currènl asselsl(Ilabilltiès) 165,986 1.160.642 70,907 144.036 236,893 1,304,678 1.326.628 214.943 1.541.571 Unrestrlcted funds 2023 Restrlcted fund8 2023 Total 2023 At 31 March 2023: Tanglbl8 assets Current as6elsl(liabllllies) 166,284 928,096 77,599 209,877 243.883 1,137,973 1.094.380 287.476 1.381.856 The level of unre$lilGled funds has Incr8ased In 2023124 and, as d81a518d In Note 21, an element of these funds has b@en deslgnated for renovations 8nd Improvements to both Ihe new premlses al Monlague Slreet and the refuges Ihat the charlly Is responsible for malnlalnlng. Allowlng for Ihls. the level of unreslrlcled r888nfe818 equlvalent lo botween 6 and 9 monlhs. oxpendilura. In accordanc8 with the financlal policy. Tha Management Committee wlll conslder ullllslng some of Ihe unreslricted funds for one-off prolecls durlng 20241 25, wilh a particular focus on the impact that the curfent cost of living crisis may be havlng on familles, and wlll utlllse some funds to conllnu8 C8rtaln prolecls vthen ihB reslrlcled grant fundlng comos to an ond during lh6 year. -22-
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FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Rotlroment bgneflt Schemes 2024 2023 Doflned conlrlbutlon schemes Charge to profit or loss in resped of defined ¢(y)lribullon schemes 53,546 47,057 The charlty operates a deflned conlrlbullon penslon scheme for all quallfySng employees. The assets of the schemo are held sepaiately from those of the charity In an Independently admlnlslered fund. 20 Rolatod party transacllons There were no di8c10s8ble relaled party tfansacllons during th8 y8ar (2023 - non8). 21 Unrostrlcted funds The unrestrlcted funds of the charily comprise Ihe unexpended balances of donatlons and grants whl¢h are not sublect to specific conditions by donors and grantors as lo how thèy may be used. These include d8slgnal8d funds which have been set aside out of unrestricted funds by the trustees for speclfic purposès. At 1 Aprll 2023 Incomlng Resources resour¢•s oxpanded Tran8fers At 31 March 2024 Property renovation General funds 64,600 1.029,780 64.600 1,262,028 248,421 (106,672) 90,499 1,094.380 248,421 (106,672) 90,499 1,328,628 Prevlous year: At 1 Aprll 2022 Incomlng Resourcos resource8 expended Transfers At 31 March 2023 Prop8rty renovation General funds 68,967 798,455 (20,685) (38,345) 16.318 (16.318) 64,600 1.029,780 285,98B 867,422 285.988 {59.030) 1,094.380 The Management Commllte8 have deslgnated the funds shown for the ongolng renov8llon works at Monlague Slreet. tho charity's new operalional base. and for capilal WOTks at the refuges for which 11 Is responsible. 22 Analysls of changes In nel funds The charity had no rnaterial debt durlng th8 year. 23 Operallng lease commlfments At the reporting end dale Ihe charity had oulslanding commilments for fijlure minimum lease payments under non-cancallable operating leases. which fall due as follows=
FYLDE COAST WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Wllhln one year Belween Iwo and flve yeafs 31,282 39,466 744 31,282 40,210 24 Cash generated from operatlons 2024 2023 Surplus for tha year 159,715 333,018 Adjustments for: Inveslmenl Income recognised In slalemonl of financial aclivilies Loss on dlsposal of tanglble fixed assets Depreclatlon and Impalrmenl of tanglble fixed assels (17,763) 557 10.598 <4,601) 9,9go Movemgnts In worklng capltal: Decreasel{Increase) In debtors Incre88elldecrea8e) In creditors (Decrease) In deferred Income 53,730 12.649 (20.000) (96.405) (25,074} (95,1621 Cash generated frorn operallons 199.484 121,766