A company limited by guarantee and a charity
Report and Accounts
For the Year Ended
31 March 2021
Registered Office: The Brady Centre 192-196 Hanbury Street London E1 5HU
Charity Registration No . 1033764 Company Registration No. 2897750
Women's Health & Family Services (WHFS) Trustees’ Report For the year ended 31st March 2021
The Directors, who are also Trustees, present their report and audited accounts for the financial year which ended 31 March 2021.
Directors/Trustees:
Annie Karlin (Chair) Dong Chen (Treasurer) Dr Shoba Poduval Mufeedah Bustin Joanna Fowler Amelia Guilfoyle Katherine Brintworth Camilla Hampton
Myra Garrett became an Honorary member of the Board, stepping away from her formal Trusteeship duties.
Chief Executive: Karen Wint Registered Office: The Brady Centre 192-196 Hanbury Street London E1 5HU Charity Registration No . 1033764 Company Registration No. 2897750
Accountants: Accountability Europe Ltd 39-41 North Road London N7 9DP Independent Examiner: Goldwins Chartered Accountants 75 Maygrove Road London NW6 2EG Bankers: CAF Bank 25 Kings Hill West Malling Kent ME19 4JQ
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Women's Health & Family Services (WHFS) Trustees’ Report For the year ended 31st March 2021
The Board of Trustees, who are also Directors for the purposes of company law, are pleased to be presenting their annual report and financial statements for the year ending March 31st 2021.
Structure, Governance and Management
Governing Document
WHFS is a registered charity and company limited by guarantee, incorporated on 14 February 1999 with a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding one pound.
Recruitment and responsibilities of Trustees
The company is governed by a Board of Directors who are also known as Trustees for the purposes of charity law and under the company’s Articles of Association are known members of Management Committee. General meetings need at least three full Trustees’ for a quorum.
Recruitment is by advertisement through national job websites, and by networking and targeting specific groups to attract a diverse Trustees’ membership. The Trustees have the power to co-opt members to fill specialist roles.
The Trustees are responsible for setting the strategic direction of the organisation, policy development, senior staff recruitment and financial management. There are currently eight Trustees from a variety of professional backgrounds to support the delivery and success of the charity.
Risk Management
A risk register is reviewed at each Board meeting which includes strategies to manage risk, this includes financial reporting. The Board receives written reports as well as presentations made by the Chief Executive and staff to ensure transparency and good governance. Board members are invited to events for direct engagement with our volunteers to hear of their experiences and for further transparency and governance.
Statement on Public Benefit
The Trustees confirm that they have complied with the Charity Commission’s general guidance on public benefit and that the purpose and aims of WHFS are for the greater good. All our charitable activities focus on empowering women with multiple disadvantages with knowledge and confidence to develop social connections, access the health services they need to improve the health and wellbeing for themselves and their family and prevent future harmful practices.
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Women's Health & Family Services (WHFS) Trustees’ Report For the year ended 31st March 2021
Our Objectives
Women’s Health and Family Services is a multi-cultural community health charity with a long history of working closely with the disadvantaged women and their families in East London, to improve their health and wellbeing in a meaningful and sustainable way, by giving them the support and confidence they need to do it for themselves.
One of the key ways we do this, is to train local volunteers to support women through pregnancy or when they have experienced female genital mutilation/cutting. We believe a relationship between one woman and another who is vulnerable can be transforming for both women.
The charity’s objectives are:
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a) To advance education, knowledge and empowerment amongst women residents in Tower Hamlets and other East London boroughs, across all communities, before, during and after pregnancy and survivors of FGM/C.
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b) To preserve and protect the health of the inhabitants of the London Borough of Tower Hamlets and elsewhere.
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c) To promote equality and diversity by challenging discrimination and encouraging services to meet the diverse needs of the local communities; the sharing of experiences in order to bring about equality in health and wellbeing, and good relationships across local communities.
Our three areas work covers prevention, intervention and recovery:
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Continuity of care for pregnant women facing multiple social complexities through a one-to-one tailored relationship with trained volunteers from the local community who enable to navigate maternity, women’s health and social services
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Community engagement to raise awareness and educate about the health complications of FGM/C
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Empower women affected by FGM/C to access clinical care to improve their quality of life
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Empower local women volunteering with confidence, knowledge and skills to pursue their goals which often includes employment and further education in healthcare.
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Women's Health & Family Services (WHFS) Trustees’ Report For the year ended 31st March 2021
Overall Financial Review
Funding for overheads continues and the strategies implemented in the previous year saw positive results. At the beginning of March, at the start of the COVID-19 pandemic, we took swift steps to estimate the additional costs to work from home, redesigning our services and the wellbeing of our beneficiaries and volunteers; and switched our fundraising approach to generating income to support these costs.
Our actual income during the year was £567,981 (2020: £451,914) and the actual expenditure was £471,059 (2020: £393,019). £144,866 of our income was raised to fund our COVID-19 Pandemic Response.
The reserves are needed to meet the working revenue requirements of the charity. The current level of reserves available to the charity is £89,262 of which £40,000 are restricted reserves and £49,262 unrestricted.
Reserves policy
The Trustees have examined the charity’s requirements for reserves in light of the main risks to the organisation resulting from shortfall in funding and time expired project, that are not refunded. They have established a policy whereby any surplus and unrestricted funds held should be between 3 and 6 months operating costs. Sufficient reserve is needed to ensure that projects are not hampered by delays in receiving grant income and to fund any revenue shortfall. There is also the need to bear the cost of cover for the likes of maternity leave and redundancies which, in a not-for-profit charity, is never funded.
We would like to be in a position to increase our reserves, in order to weather the unexpected eventualities; and investment in strengthening the organisation’s capacity and capabilities, for expansion to reach more women with our support services.
I ncome, fundraising and COVID-19 Pandemic Recovery
This year our focus during the year was to raise additional income to fund our pandemic response and we are grateful to our funders for their commitment and support. As we begin to enter a new phase of the pandemic and reflect on our learnings from the last twelve months, a new funding strategy will underpin our fundraising efforts for the next 24 months. This will form part of our planned work on our three year business plan in the next financial year.
We would like to take this opportunity to thank our volunteers and staff, who went beyond the call of duty, to ensure we could continue to support vulnerable women in our communities during an extremely frightening and isolating time. Our team worked collaboratively with the midwifery, women’s health teams and other heroic community organisations, to provide women with continued emotional and practical support.
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Women's Health & Family Services (WHFS) Trustees’ Report For the year ended 31st March 2021
Statement of Trustees and Directors Responsibilities
The Trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for the year. In preparing those financial statements the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and accounting estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the board of trustees on 1 December 2021 and signed on their behalf by:
Annie Karlin Chair
Dong Chen Trustee
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Independent examiner’s report to the trustees of Women's Health & Family Services For the year ended 31st March 2021
I report on the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
Since the Company’s gross income exceeded £250,000, I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
14 December 2021
Anthony Epton BA FCA CTA FCIE Goldwins Chartered accountants 75 Maygrove Road West Hampstead London NW6 2EG
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Women's Health and Family Services Statement of financial activities
(incorporating an income and expenditure account) For the year ended 31 March 2021
| Note Income from: Donations 3 Charitable activities: Grants received 4 Investment income 6 Total income Expenditure on: Raising funds 7 Charitable activities: 7 Total expenditure Net income / (expenditure) for the year Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 2,039 60,000 86 62,125 5,294 39,816 45,110 17,015 17,015 72,247 89,262 |
Restricted funds £ - 505,856 - 505,856 - 425,949 425,949 79,907 79,907 160,887 240,794 |
2021 Total funds £ 2,039 565,856 86 567,981 5,294 465,765 471,059 96,922 96,922 233,134 330,056 |
2020 Total funds £ 12,057 439,564 293 |
|---|---|---|---|---|
| 451,914 | ||||
| 22,196 370,823 |
||||
| 393,019 | ||||
| 58,895 | ||||
| 58,895 174,239 |
||||
| 233,134 |
There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.
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Women's Health and Family Services Balance sheet As at 31 March 2021
| Note Fixed assets: 11 Current assets: 12 Liabilities: 13 15 Total unrestricted funds Restricted funds Tangible assets Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total net assets Debtors Funds General funds Total funds Unrestricted funds: Designated funds |
2021 £ 73,476 309,736 |
2021 2020 £ £ 3,661 127,971 118,793 246,764 (16,820) 326,395 330,056 240,794 40,000 32,247 89,262 330,056 |
2020 £ 3,190 229,944 |
|---|---|---|---|
| 383,212 (56,817) |
|||
| 40,000 49,262 |
|||
| 233,134 | |||
| 160,887 72,247 |
|||
| 233,134 |
The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 and members have not required the charitable company to obtain an audit for the year in question in accordance with section 476 of the Act.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2021 and of its net incoming/(outgoing) resources for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
1 December 2021
and signed on their behalf by:
Annie Karlin Chair
Dong Chen Trustee
Company registration no. 02897750
The attached notes form part of the financial statements.
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Women's Health and Family Services Statement of cash flows For the year ended 31 March 2021
| Women's Health and Family Services For theyear ended 31 March 2021 Statement of cash flows |
Women's Health and Family Services For theyear ended 31 March 2021 Statement of cash flows |
|||
|---|---|---|---|---|
| Note 2021 £ Cash flows from operating activities: |
2021 £ |
2020 £ |
2020 £ |
|
| Net cash provided by / (used in) operating activities a |
192,634 | (114,618) | ||
| Cash flows from investing activities: (Purchase) of fixed assets Cash provided by / (used in) investing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year b a) Net (expenditure) for the reporting period (as per the statement of financial activities) Depreciation (Increase)/ decrease in debtors Increase in creditors Net cash provided by/ (used in) operating activities b) Analysis of cash and cash equivalents Cash at bank and in hand Total cash and cash equivalents Reconciliation of net income/(expenditure) to net cash flow from operating activities |
(1,691) | (1,691) | - | - |
| £ 118,793 At 1 April 2020 |
£ - Other changes |
|||
| 190,943 118,793 |
(114,618) 233,410 |
|||
| 309,736 | 118,793 | |||
| 2021 £ 96,922 1,220 54,495 39,997 |
2020 £ 58,895 1,063 (106,324) (68,252) |
|||
| 192,634 | (114,618) | |||
| Cash flows £ 190,943 |
£ 309,736 At 31 March 2021 |
|||
| 118,793 | 190,943 | - | 309,736 | |
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Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention with assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note(s) to these accounts. The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charitable company meets the definition of a public benefit entity under FRS 102.
Going concern
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
Income from government and other grants, whether grants or grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
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Costs of raising funds comprise of trading costs and the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
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Expenditure on charitable activities includes the costs of delivering services undertaken to further the purposes of the charity and their associated support costs. Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
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Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
1 Accounting policies (continued)
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 7.
Tangible fixed assets
Items of equipment are capitalised where the purchase price exceeds £500. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rate in use is as follows:
- ˜ Office equipment 25% reducing balance
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
2 Detailed comparatives for the statement of financial activities
| Income from: Donations Charitable activities: Grants received Other trading activities Investments Total income Expenditure on: Raising funds Charitable activities: Total expenditure Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward 3 Income from donations: Net income / expenditure before gains / (losses) on investments |
£ Unrestricted |
2020 £ 6,017 10,000 293 16,310 22,196 - 22,196 (5,886) - (5,886) 78,133 72,247 £ Restricted Unrestricted |
2020 £ 6,040 429,564 - 435,604 - 370,823 370,823 64,781 - 64,781 96,106 160,887 2021 Total £ Restricted |
2020 Total £ 12,057 439,564 - 293 |
|---|---|---|---|---|
| 451,914 | ||||
| 22,196 370,823 |
||||
| 393,019 | ||||
| 58,895 - |
||||
| 58,895 174,239 |
||||
| 233,134 | ||||
| 2020 Total £ |
||||
| Donations | 2,039 | - | 2,039 | 12,057 |
| 2,039 | - | 2,039 | ||
| 12,057 | ||||
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Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
4 Income from charitable activities
| 4 Income from charitable activities |
||||
|---|---|---|---|---|
| Grants received: Big Lottery Fund (Reaching Communities) CCG Tower Hamlets (Maternity Mates) Tower Hamlets Public Health/VAWG Henry Smith Charity CCG Newham (Maternity Mates) Mind (Side by Side) Allen & Overy Royal London Foundation Lloyds Foundation Tampox Tax Garfield Weston Foundation David Ruth Lewis Family Trust LCF & TNL Community Fund City of London - Wave 3 |
Unrestricted £ - - - - - - - - 20,000 - 20,000 20,000 - - |
£ - 64,216 91,101 35,000 50,548 85,716 - - - 26,909 3,500 - - 100,646 24,220 Restricted |
2021 Total £ - 64,216 91,101 35,000 50,548 85,716 - - - 46,909 3,500 20,000 20,000 100,646 24,220 |
2020 Total £ 77,595 65,000 43,038 52,500 70,844 87,680 11,408 5,000 5,000 15,000 6,500 - - - - |
| MM Hub | - | 24,000 | 24,000 | - |
| Total income from charitable activities | 60,000 | 505,856 | 565,856 | 439,564 |
6 Income from investments
| Bank interest | Unrestricted £ 86 86 |
£ - - Restricted |
2021 2020 Total Total £ £ 86 293 86 293 |
|---|---|---|---|
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Women's Health and Family Services Notes to the financial statements
For the year ended 31 March 2021
| 7 Analysis of expenditure Current year Staff costs Staff time Other Direct costs Direct Premises costs Other office costs Legal & professional costs IT costs Marketing costs Depreciation Independent examiner's fee Insurance Support costs allocation Total expenditure 2021 Basis of allocation |
£ - - - - - - - - - - - 5,294 5,294 Cost of raising funds |
£ 231,165 112,492 - - 30,200 - - - - - 373,857 91,908 465,765 Charitable activities |
Support costs £ - 6,588 11,224 19,532 41,664 10,156 3,197 1,220 2,200 1,421 97,202 (97,202) - |
2021 Total 2020 Total £ £ 231,165 208,490 119,080 34,280 11,224 18,508 19,532 17,783 71,864 93,874 10,156 13,001 3,197 3,901 1,220 1,062 2,200 2,120 1,421 - 471,059 393,019 - - 471,059 393,019 |
|---|---|---|---|---|
Of the total expenditure, £45,110 was unrestricted (2020: £22,196) and £425,949 was restricted (2020: £370,823).
| Analysis of expenditure Prior year Staff costs Staff time Other Direct costs Direct Premises costs Other office costs Legal & professional costs IT costs Marketing costs Depreciation Independent examiner's fee Governance costs Support costs Total expenditure 2020 Basis of allocation |
£ - - - - - - - - - - - 22,196 22,196 Cost of raising funds |
£ 205,043 33,384 - - - - - - - - 238,427 132,396 370,823 Charitable activities |
Support costs 2020 Total £ £ 3,447 208,490 896 34,280 18,508 18,508 17,783 17,783 93,874 93,874 13,001 13,001 3,901 3,901 1,062 1,062 2,120 2,120 - - 154,592 393,019 (154,592) - - 393,019 |
|---|---|---|---|
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Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
8 Net income / (expenditure) for the year
| Net income / (expenditure) for the year | ||
|---|---|---|
| This is stated after charging / (crediting): | 2021 | 2020 |
| £ | £ | |
| Depreciation | 1,220 | 1,063 |
| Independent examiner's fee | 2,200 | 2,120 |
9 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel
| Staff costs were as follows: Salaries and wages Social security costs Pension |
2021 £ 215,337 12,754 3,074 231,165 |
2020 £ 194,619 11,148 2,723 |
|---|---|---|
| 208,490 |
There were no employees who received annual emoluments of £60,000 or more (2020: none).
The total employee benefits including pension contributions and employer's national insurance of the key management personnel were £42,984 (2020: £40,008).
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2020: £nil) neither were they reimbursed expenses during the year (2020: £nil). No charity trustee received payment for professional or other services supplied to the charity (2020: £nil).
Staff numbers
The average number of employees (head count based on number of staff employed) during the year was as follows:
| Direct charitable activities Support |
2021 No. 11 2 13 |
2020 No. 12 2 |
|---|---|---|
| 14 |
10 Taxation
The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
Page | 15
Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
| 11 Cost At the start of the year Additions in year At the end of the year Depreciation At the start of the year Charge for the year At the end of the year Net book value At the end of the year At the start of the year All of the above assets are used for charitable purposes. 12 Debtors Grants and other income receivable Prepayments Accrued income 13 Trade creditors Taxation and social security Accrued expenses Deferred income - Grants received in advance Other creditors Balance at the beginning of the year Amount released to income in the year Amount deferred in the year Balance at the end of the year Deferred income Creditors: amounts falling due within one year Tangible fixed assets |
£ 35,474 1,691 37,165 32,284 1,220 33,504 3,661 3,190 2021 £ 70,308 3,168 - 73,476 2021 £ 17,164 1,367 15,000 19,362 3,924 56,817 2021 £ - - 19,362 19,362 Office equipment |
Total £ 35,474 1,691 37,165 32,284 1,220 33,504 3,661 3,190 2020 £ 89,484 3,168 35,319 127,971 2020 £ 7,450 739 3,500 - 5,131 16,820 2020 £ - - - - |
|---|---|---|
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Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
| 14 Analysis of net assets between funds Current year Tangible fixed assets Net current assets Net assets at the end of the year Analysis of net assets between funds Prior year Tangible fixed assets Net current assets Net assets at the end of the year 15 Movements in funds Current year Unrestricted funds: General funds Designated funds Total unrestricted funds Restricted funds: CCG Tower Hamlets (Maternity Mates) Henry Smith Charity CCG Newham (Maternity Mates) Lloyds Foundation Tampox Tax LCF & TNL Community Fund City of London - Wave 3 MM Hub Total restricted funds Total funds Tower Hamlets Public Health/VAWG (MOPAC) |
£ 32,247 40,000 72,247 25,966 33,407 20,705 36,686 22,623 15,000 6,500 - - - 160,887 233,134 At the start of the year |
General unrestricted £ 3,661 45,601 49,262 General unrestricted £ 3,190 29,057 32,247 £ 62,125 - 62,125 64,216 91,101 35,000 50,548 85,716 26,909 3,500 100,646 24,220 24,000 505,856 567,981 Income |
Designated £ - 40,000 40,000 Designated £ - 40,000 40,000 £ 45,110 - 45,110 58,685 84,647 35,563 45,292 63,047 33,383 - 100,646 4,686 - 425,949 471,059 Expenditure |
Restricted £ - 240,794 240,794 Restricted £ - 160,887 160,887 Transfers £ - - - - - - - - - - - - - |
Total funds £ 3,661 326,395 |
|---|---|---|---|---|---|
| 330,056 | |||||
| Total funds £ 3,190 229,944 |
|||||
| 233,134 | |||||
| £ 49,262 40,000 At the end of the year |
|||||
| 89,262 | |||||
| 31,497 39,861 20,142 41,942 45,292 8,526 10,000 - 19,534 24,000 |
|||||
| 240,794 | |||||
| 330,056 |
Purposes of restricted funds
The income of the charity includes grants received for specific restricted projects. The trustees' report includes a brief description of the activities of each project.
The financial movements on the restricted funds are summarised above. On completion of a project, any small funding surplus or deficit is cleared by a transfer to or from unrestricted funds.
Purposes of designated funds
During the previous years, the trustees agreed that it would be prudent to set up a designated fund to finance any future liabilities that would be incurred on the closure of the organisation. In this financial year, the initial £40,000 transferred is considered sufficient for this purpose.
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Women's Health and Family Services Notes to the financial statements For the year ended 31 March 2021
Movements in funds (continued)
| Movements in funds -Prior year Unrestricted funds: General funds Designated funds Total unrestricted funds Movements in funds (continued) Prior year Restricted funds: CCG Tower Hamlets (Maternity Mates) Tower Hamlets Public Health/VAWG CCG Newham (Maternity Mates) Lloyds Bank Foundation Tampox Tax Fund Big Lottery Fund (Reaching Communities) Mind (Side by Side) Total restricted funds Total funds Henry Smith Charity |
£ 38,133 40,000 78,133 £ 4,098 47,273 - - 517 - - 33,279 10,940 96,106 174,239 At the start of the year At the start of the year |
£ 16,310 - 16,310 £ 66,643 43,038 52,500 72,487 89,323 15,000 6,500 78,555 11,558 435,604 451,914 Income Income |
£ 22,196 - 22,196 £ 44,775 56,904 31,795 35,801 67,217 - - 111,834 22,498 370,823 393,019 Expenditure Expenditure |
Transfers £ - - - Transfers £ - - - - - - - - - - - |
£ 32,247 40,000 At the end of the year |
|---|---|---|---|---|---|
| 72,247 | |||||
| £ 25,966 33,407 20,705 36,686 22,623 15,000 6,500 - - At the end of the year |
|||||
| 160,887 | |||||
| 233,134 |
16 Legal status of the charity
The charity is a company limited by guarantee and has no share capital. Each member is liable to contribute a sum not exceeding £1 in the event of the charity being wound up.
17 Related party transactions
There are no related party transactions to disclose for 2021 (2020: none). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
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