**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
1
## **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.
2
**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:
- 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.
- b) To preserve and protect the health of the inhabitants of the London Borough of Tower Hamlets and elsewhere.
- 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:
- 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
- Community engagement to raise awareness and educate about the health complications of FGM/C
- Empower women affected by FGM/C to access clinical care to improve their quality of life
- Empower local women volunteering with confidence, knowledge and skills to pursue their goals which often includes employment and further education in healthcare.
3
**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.
4
**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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- 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**
5
**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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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**
6
## **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.
Page | 7
## **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.
Page | 8
**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**|
||||||
Page | 9
**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:
- 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.
- 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.
Page | 10
**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.
Page | 11
**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|
||||||
Page | 12
**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|
|---|---|---|---|
Page | 13
## **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|
|---|---|---|---|
Page | 14
**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
£
-
-
-
-|
|---|---|---|
Page | 16
## **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.
Page | 17
## **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.
Page | 18