New Dawn New Day Ltd (A company limited by guarantee) Unaudlted Financial Statements Year ended 31st March 2025 Charity number: 1034869 Company number: 02898859
New Dawn New Day Ltd (a company limited by guarantee) Year ended- 31. March 2025 CONTENTS Contents Report of the Trustees Report of Independent Examiner ststement of Financial Activities Balance Sheet Cash Flow Statements Notes to the Flnanclal Statements PAGE 3-12 13 14 15 16 17-24 Page 2
New Dawn New Day Ltd IA company limited by guarantee) Report of the trustees for the year ended 31. March 2025 The trustees are pleased to present their report together with the unaudited financial statements of the charity for the year ending 31st March 2025. Reference and admlnlstrative details Charity Name: New Dawn New Day Ltd Charity number: 1034869 Company number: 02898859 Registered Offio: 3 Museum Square, Leicester, LEI 6UF Independent Examiners: Celerica Limited, Certified Accountants, First Floor, The Old Chapel 9 Kempson Road. Leicester, LE2 8AN Bankers: Lloyds TSB Ltd, 7 High Street, Leicester, LEI 4FP Dlrertors and trustses The dirertor5 of the charitable company (the charity) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. The trustees serrfing during the year and since the year end were as follows: Peter Jones Thomas Glll Suzanne Hunt lappointed l May 2025} Gemma Dewhurst (appointed l May 2025 Katelyn Rodgers (appointed l May 2025) Sarah Nelson (Appointed 31 July 2025) Alison Weatherley (retired 14 February 20251 Roshni Lad (retired l May 2025) Roohi Mehra (retired l May 2025) Chief Executive Officer: Sara Swire Company Secretary: Sara Swire Structure, Governance and Management Governlng Dlxument The organisation is a charitsble company limited by guarantee, incorporated on 16 February 1994, and registered as a charity on 11 March 1994. The companywas established under a Memorandum of AssocSatlon whlch established the objects and powers of the charitsble company and is governed under its Articles of Association. Recruitment and Appolntment of the Board of Dlrectors The directors of the company are also charity Trustees for the purposes of charity law and under the companvs Articles are known as members of the Board of Direttors. Trustee Inductlon and Tralnlng Trustees are recruited through our networks and through advertising locally and nationally. Each potential trustee is given a brief which includes a role description and infomiation about the organisation and the services, and legal responsibilities of trustees / company directors. Page 3
New Dawn New Day Ltd {A company limlted by guarantee) Report of the trustees for the year ended 31st March 2025 Prospective Trustees are required to complete an appllcation form and are then interviewed by the Board. Each newtrustee receives a Welcome Pack, which includes more detailed information about the role, the services provided and, trustee responsibilities and information about meetings. sub- groups, and relevant pollcydocuments. In-house induction and training are provided. Regularskills audits / training needs analysis are carried out and appropriate training courses identified for trustees to participate in. Related Partles For the period covered by this report New Dawn New Day Ltd held contracts with the following parties: Ministry of Justice The National Lottery Fund Office of the Police and Crime Commissioner for Leicestershire The Cyrenians {Operating as Changing Lives) The Nationwide Foundation The Smallwood Trust There are no related parties associated with any of the trustees with whom the Centre transacts. Organisation The Board of Diree(ors meets quarterly to discuss the business of the charty, agree and review strategic and operational plans and an annual "time our sesslon Is held for long terms plannlng and to review effectivenes5 of governance arrangements. The are Finance, Audit and Risk sub-commlttees, whlch also meets quarterly to review our risk register, review perfomiance against service contracts and to review fundraising, income, expenditure, and financial plans. A Chief Executive is appointed by the Board of Directors to provide leadershlp to charlty and Chief Operating Officer is appointed to oversee the day-to-day quality and delivery of services and activities. An annual review of their work is a150 carried out. The Board of Directors also appoint independent specialists to provide advice in connection with legal matters such as finance. investment and employment law. Risk Management The Board of Directors conducted a review of the major risks to which the charity is exposed. A risk register has been established and is reviewed regularly by the Trustees and updated as necessary. Where appropriate, systems or procedures have been established to mitigate the risks the charty faces. The charity ensures that all appropriate policies and procedures are in place for the effective runnlng of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity and Its ser4tlce users. Page 4
New Dawn New Day Ltd (A company limited by guarantee) Report of the trustees for the year ended 31" March 2025 Four principal risk areas have been identified as operational, financial, reputational and compliance risks and a comprehensive risk profile and mitigation plan has been developed which is reviewed every 6 months. Objectives and Activities The charity's objects ('objec) are specifically restricted to the followin8: To promote the benefit and improve the life experience of women and their families resident in particular but not exclusively in the city of Leicester and the counties of Leicestershire and Rutland by the provision of education and to provide facilities in the interest of social welfare for recreation and other leisure time occupation: in particular for women who experience disadvantage and inequality in their lives supporting them to overcome poverty and other obstacles including those related to education, employment, health, youth, age, disability, abuse, financial hardship or other disadvantage. New Dawn New Day has worked to promote women's wellbeing for over 40 years years and delivers a range of services designed to meet the needs of women and glrls, partlcularly those who have been impacted by trauma. We are committed to: Improving women's health and wellbein& particularly those who face severe and multiple disadvantage or who are victims and survivors of abuse and trauma. Improving disadvantaged women's social and economic circumstances. Enabling greater social inclusion for women with complex need5. We will do thSs by: Ensuring that women with complex needs have opportunities to enhance their health, wellbein& and personal development as well as their economic and social circumstances. Developing quality early intervention servicesthat work with women who are at risk ofviolence, abuse, exploitation, and Involvement in the criminal justice system. Offerlng holistic, wraparound, gender-responsive support to meet the multiple needs of women. Ensuring our services are trauma informed. Influencing local and national policy and practi to create improvements in service5 for vulnerable women. Being a collaborative. enterprising, sufficiently resourced, and sustainable organisation. Page 5
New Dawn New Day Ltd (A company limited by guarantee) Report of the trustees for the year ended 31. March 2025 How we work We provide holistic, trauma-informed support to women and specialise in working with those who present with multiple unmet needs, including women in contact with the Criminal Justice System and women whose circumstances place them at risk of offending. Currently, women who access our services are referred through the Criminal Justice SeICe5 {Probation, the Police, prison services), social care and safeguarding and other specialist services such as housing and homelessness. mental health. drug and alcohol and domesticand sexual abuse services. Interventions include One-to-one social and emotional support, advice, and advocacy Supported and coordinated referral for specialist services such as domestic abuse, substance misuse, mental health, money advice services etc. Trauma-infomied group and psycho-educational programmes A specialist Independent Domestic Wiolence Adviser {IDVA} service Education and support into volunteering and employment Peer support The followlng principles underpin our work We believe that all women and girls have the right to reach their potential and to live their lives free from trauma and abuse. Women affected by poverty, trauma and abuse have the potential to transform their lives through the provlslon of a safe environment and high quality, gender responsive, trauma- informed and trauma-responsive support. Women have the right to expect accessible. appropriate. and timely support to addre5S thelr individual needs. Women have many needs and no one service can meet the needs of any one woman. We must therefore activety collaborate and work in partnership with other agencies to enable a co- ordinated package of support to be provided. Women using our services have the right to have their Say in how these services are run and become involved in the development and delivery of these services. Public Benefit Statement The Trustees have considered the general guidance on public benefit issued by the Charity Commission and has taken due re8ard of that guidance. The Trustees consider that they are satisfied that the charitvs activities do provide a wide public social benefit and that they are aware of the guidance and have taken it into account when making decisions to which the guidance is relevant. Page 6
New Dawn New Day Ltd IA company limited by guarantee) Report of the trustees for the year ended 31. March 2025 Financial Review We have continued to attract investment in our seNice5 through contracts for services, charitable grants and donations. We have continued to be contracted to provide specialist women's community services for women who are in contactwith the criminal justice system, includingthose on Probation and those referred to New Dawn New Day under an Out of Court Resolution. The Just Women Project is tailored to women who are at risk of repeat offending. Women are referred by the Police following an arrest, or by the Probation Service if they are serving a community sentence or have been released on Licence from pri50n. This approach keeps families together, retain5 jobs and homes and most importantly, gives women the support they deserve to make long lasting changes in their lives. Our trauma-informed approach and specially tailored programmes are so effective that we have retained this contract for over 15 years. In 2021 we went into partnership with national charity Changing Lives to deliver this contract, broadening the range of our services to women across Leicester and Leicestershire. In 2023 we secured funding from the Ministry of Justice Intervention5 Fund to set up the Reach Out project which created a new high intenstty wraparound support team with a focus on supporting women who experience significant barriers in accessing and engaging in support. During this financial year, we completed a 5 year project supported by the the National Lottery Community Fund to deliver the "Our Place" project, to create 3 community in which women feel supported, valued, and safe at New Dawn New Day. This has been actualised by enrolling external volunteers and providing a peer mentor training programme for women we support. By utilising the variety of skills held by volunteers and peer mentors we have been able to provide check in calls, l-l sessions as well support for group programme delivery. We also secured funding until March 2025 to expand our specialist criminal justice IDVA Ilndependent Domestic Violence Adviser) service. Our IDVA supports women both practically and emotionally. They support with court hearings, obtaining non-molestation orders and invoking Clare's Law, as well as finding refuge spaces, supporting homeless declarations and securing safe accommodation. We also continued to receive funding directly from the Ministry of Justice to support the implementation of the governmenvs female offender strategy. This included core funding as well as additional project funding for a new intensive support service for women with multiple unmet needs. Both funds have significantly improved our financial sustainability. During this financial year we were also succe55ful in securing funding from a number of Charitable Trusts and Foundations, including grants from the Smallwood Trust'5 Urgent Support Fund, The Triangle Trust 1949 Fund and The Charles Hayward Foundation. We also secured a much needed 3 year grant for core costs from the AB Charitable Trust. Page 7
New Dawn New Day Ltd IA company limited by guarantee) Report of the trustees for the year ended 31" March 2025 The Smallwood Trust grant will fund additional capacity within our team for 3 years, to provide additional emergency support to women at crisis points in their lives and to address the Impact of the cost of living on the women we support. With the Triangle Trusvs support we will be able to offer a specialist intensive support to young women116 to 25year olds) who are in contact with the criminal justice system and Charles Hayward will enable us to offer a more comprehensive sUPPOrt service to women who are referred under our Out of Court Resolution. Achievements This report focuses on how well we achieved our aims between 1st April 2024- 31st March 2025. Our services and activities reached a total of 545 individual women. To the year ending 31 March 2025: We supported 222 women referred via Probation. 1120 sessions were delivered through I:1 and group support. 241 women received support through our specialist women's Out of Court Resolution, 145 were referred on a Conditional Caution, and 96 on a Community Resolution or Outcome 22. 38 women referred for support from our Specialist Criminal Justice IDVA {Independent Domestic Violence Advocate) team. 78 women received high intensity support from our Intensive support project. On average 54 hours of high intensty support was provided to each woman on our Intensive Support Pathway. 72% of women accessing the serdice experienced an enhancement in their emotional well- being. 58% of women showed improvements in their lrfestyies, contributing to a reduction in reoffending. 66% of women saw improvements Ilving with their families and within their relationships. 61% of these women now feel more useful in their own lives. 63% of women feel more equipped to deal with their problems in more appropriate ways then prior to their engagement with NDND. Page 8
New Dawn New Day Ltd IA company limited by guarantee) Report of the trustees for the year ended 31. March 2025 Reserves Policy The Board of Trustees has consldered the requirement for New Dawn New Day to maintain an appropriate level of free ServeS, being those funds not invested in fixed assets, designated for speclfic purposes, or otherwise committed. Our policy on reserves has been designed to protect the charity from uncertainties in funding from statutory and grant making bodies, and other financial risks. Its aim is to ensure that there are sufficient fund5 to meet ourcontractual obligations. to continue in operation until there has been time to wind down our support safely and ethically to our clients and to allow for time needed to re- organise our operations to meet the contingencv. Due to the nature of the work carried out by New Dawn New Day it is essential that we continue operations for at least 4 months to enable us to meet the ethical requirements of support contracts with women and to wind down our administratNe structures. The Trustees have considered the level of free reserves required to cover the following risks: loss of income because of reductions in contracts or services failure to achieve agreed and necessary fundralslng targets the consequences of an event having a major negative reputational impact on the work of the charity Free Reserve5 Based on this assessment. the Board of Trustees consider it reasonable to hold a minimum financial reserve of £322,000 calculated as follows: 3 months operating costs of £200,000 Redundancy liability for current staff team of £60,0 Dilapidation costs on current premises 3 Museum Square £12,000 Lease liability on 3 Museum Square £50,0(K) CUrnt free reserves are £457.307, which includes unrestrlcted funds of £238W9, designated funds of £15818 for a new women's centre, plus an additional £60.LK)O designated for trustees, strategic priorities {including £10,0 for new chair recruitnient; emergency funds foressential building repairs to ensure safety for clients and staff- and infrastructure support). Restricted carried-for4vard funds include £23,972 from Nationwide. Designatrd funds The £158.818 proceeds from the sale of the freehold of our former premises at 27 Cantrell Road, Leicester, have been specifically designated and ring fend as a contribution towards the future acquisition of an accessible property which will serve a5 the long-term premises for the charity. Investing in a new women's centre is ntral to achieving our strategic aims. In addition, the Trustees have designated a further £60.0 towards strategic priorities. These include recruitment of a newchair (£10,000), emergencyfundsfor urgent bulldlng repalrsto ensure the safety of clients and staff, and infrastrurture support to strengthen the organisation's operational capacity. Page 9
New Dawn New Day Ltd IA company limited by guarantee) Report of the trustees for the year ended 31st March 2025 Management and Investment of Reserves The board of trustees will monitor the expenditure of reserves on a quarterly basis. The financial reserves and designated fund will be invested in interest-bearing bank accounts. Plans for Future Periods As we look ahead. New Dawn New Day remains committed to improving the live5 of women facing multiple disadvantages, particularly those in or at risk of contact with the criminal justice system. Our strategic focus for the coming period is shaped by the need to balance immediate operational demands with work to drive long-term systemic change. By responding strategically to l01vIng policy landscapes. economic pressures, and local opportunities. New Dawn New Day will continue to play an important role in transfomiing outcomes for women in our community and in shaping a more just. compassionate. and effective system of supportfor women. Operating in an increasingly complex and challenging environment, our work must remain grounded in a clear mission, deep expertise, and an unwavering commitment to women's voices and lived experience. To underpln thls work, we have developed a new three-year strategy (2025 to 2028), whlch wlll gulde efforts to diversify and grow our income, support the development of new services, and strengthen our infra5trurture for greater impact and sustainability. To thrive and sustsin our impact, we are focused on three key priorities: Bullding Organlsatlonal Capaclty and Reslllence To ensure we are fit for the future, we will continue to invest in our organisational Infrastructure, prlorltlsing staff wellbeing and professional development, securlng the continuation of current projects and activities, diversifying income, and strengthening our capabilities in areas such as marketing and communications, digital systems, governance and operational efficiency. Promoting Equity and Amplifying Women's Voices We will ensure that women's lived experience, recovery from trauma, and the pursuit of social Justice remain at the heart of all that we do. This includes deepening our commitment to Trauma Informed Practice, Diversity and Equity and Inclusion, and embedding these principles across our culture, practice and partnerships. Influencing Policy. Practice and Systems Change We will leverage national development5, including the establishment of the Women's Justice Board and emerging policy reforms, to inform our own practice, strengthen our voice, and advocate for long-term investment in services for women. We will be an active and valued contributor to local strategic work, shaping the development of a "Whole System Approach" for women and girls in Lelcestershlre through collaboratlon, Innovatlon. and the application of our trauma-infomied, gender-responsive expertise. Acentral priorlty will be preparing forthe recommissioning of our Ministry of Justice-funded contract, delivered in partnership with Changing Lives, which provides community-based rehabilitative support Page 10
New Dawn New Day Ltd (A company limited by guarantee) Report of the trustees for the year ended 31" March 2025 to women on probation. With this contract due to end in March 2027, we will actively engage in the commissioning process to secure its continuation and ensure service continuity for the women we support. In the shorter term, three of our contracts, including our Independent Domestic Violence Advisor (IDVA) seNices funded by the Office of the Police and Crime Commissioner for Leicestershire, and our Ministry of Justice Interventions Fund contract were extended for a furtheryear, ensuring that we are able to continue sustain these vital services and maintain continuity of support for women at critical points in their lives. Ourfuture plans include advancing a long-term trauma recovery programme forwomen who are post- prison. post-probation, or have received a conditional caution. Alongside this, we hope to expand our preventatlve and early intervention work by opening up access to our services for women at risk of entering the criminal justlce system or reoffending. This includes new work with young women, supported by our recent grant from the Triangle Trust. To ensure these developments are shaped by those with lived experience, we are undertaking a six- month service design process invofvlng women, staff, and system partners. The outcomes of this process will inform a multi-year funding application to the Natlonal Lottery Community Fund, supportlng the sustainability and impact of this next phase of our work. Looking beyond individual contracts, we are committed to worklng with strategic partners to develop a more coherent and coordinated response to the needs of women and girls in contact with the criminal Just1 system. We recognise the importance of a Whole System Approach, which has been successfully implemented in other parts of England and Wales. Following the launch of Leicestershire's new Whole System Approach strategy in March 2025, we wlll collaborate closely with System leaders to support its development and implementation locally. Our contribution will be rooted in trauma-informed, gender-responsive practice and informed by the lived experience of the women we support. Through active engagement, innovation, and partnership. we aim to help create a more integrated and holistic system. one that addresses the underlying causes of women's involvement in the criminal justice system and reduces the risk of future harm. In parallel. we will continue to grow our training and consultancy offer in trauma-informed practice and deepen our organisational commitment to becoming trauma-informed and anti-racist. Flnally, to strengthen governance, In May2025 our board recruited three new Trustees and appolnted a new Chair who wlll be taking up their position in August 2025. Strengthening our board will ensure we are well-positioned to lead the organisation confidently and sustainably into the future. Page 11
New Dawn New Day Ltd (A company limited by guarantee} Report of the trustees for the year ended 31. March 2025 Trustees, Responsiblllties in Relation to the Unaudited Financial Statements The trustees are responsible for preparing the Trustees, Report and financial statements in accordance with applicable law and United Kingdom Accounting Standard5 {United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources of the charitable company for the year. In preparing those unaudited financial ststements, the trustees are required to: Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP 2019 {FRS102); Make judgments and estimates that are reasonable and prudent; State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statement; Prepare the unaudited financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disc105e with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and otherirregularities. The trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and otherirregularities. This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities 2019 {FRS1021 and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by the Board of Trustees on, and signed on its behalf by: Sarah Nelson {Chair} Page 12
NEW DAWN NEW DAY LTD ILIMITED BY GUARANTEE) INDEPENDENf EXAMINERS, REPORT TO THE TRUSTEES OF NEW DAWN NEW DAY LTD FOR THE YEAR ENDED 31 MARCH 2025 We report to the charlty trustees on our examination of the accounts of the company for the year ended 3tst March 2025 which are set out on pages 14 to 24. Responslbllltles and basls of report As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparatlon of the accounts In accordance with requirements of the Companies Act 20061"the 2006 Act ). Having satisfied ourselves 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, we report in respect of our examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act l. In carrying out our examination we have followed the Direttions given by the Charity Commlsslon under sectlon 145(5){b) of the 2011 Act. Independent Examlner's Statement Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. We confirm that we are qualified to undetake the examination because we and the examiner are member of the Association of Chartered Certifed Accountants which is one of the listed bodies. We have completed our examination. We can confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or the accounts do not accord with those records: or the accounts do not comply with the accounting requlrements of sectlon 396 of the 2006 Act other than any requirement that the accounts give a true and fair view" which is not matter considered as part of an independent examination; or 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 preparing their accounts in accordance with the Financial Reporting Standard applicable to UK and Republic of Ireland (FRS 102) We have no concerns and have come across no other matters in connection with examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Celorl CELERICA LTD CHARTERED CERTIFIED ACCOUNTANTS FIRST FLOOR THE OLD CHAPEL 9 KEMPSON ROAD LEICESTER LE2 8AN Dated . 11 l.&J £oZS Page 13
NEW DAWN NEW DAY LTD ILIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (Including Income & Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Note Income and endowments from: Donatlons and legacies Charitable artivitie5 Investments Other income: 2,208 41,294 6,757 2,208 708,761 6,757 667,467 660,624 1.356 Total income and endowments 50.259 667.467 717.726 661.980 Expendfture on: Raising funds Charitable activities Other 24 742,610 742.634 665,125 Total expendlture 24 742.610 742.634 665.125 Net income 50.235 175.143) (24.908) (6,248) (3,1451 Transfers between fund5 6,248 Net movement In funds 56,483 {81.391) (24.908) (3.145) Reconaliation of funds: Total funds brought forward 15 400.824 105.363 506.187 509.332 Total funds carrled forward Is 457,307 23,972 481,279 506,187 All income and expenditure derive from continuing activities. The statement of financial activities include all gains and 50sses recognised during the year. Page 14
NEW DAWN NEW DAY LTD (LIMITED BY GUARANTEE) Reglstered company number 02898859 {En8land & Wales) BALANCE SHEEf AS AT 31 MARCH 2025 2025 2024 Nole FIXED ASSETS CURRENT ASSErs Debtors & prepayments Cash at bank Cash in hand 13 43,770 529,314 123,724 429,559 573,084 553,283 CREDITORS.. amounts fainn8 due wlthln one year Other creditors 91,805 91,805 47,096 47,096 NEf CURRENT ASSETS 481,279 506,187 ASSErs 481.279 506.187 FUND5 Unrestricted Designated Restrlcted 15 238,489 218,818 23,972 242,006 158,818 105,363 15 15 16 481.279 506.187 The charitable Company is entitled to exemption from audit under Section 477 of the Companie5 Actfor the year ended 31 March 2025. The rnembers have not required the charitable company to obtain an audit of the financial Statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2016. The trustees acknowledge their responsibilities for: al ensuring that the charitable company keeps accountlng records that comply with Sections 386 and 387 of the Companie5 Act 2006 and b) preparing financial statements which give a true and fair view of the state of the charltable company as at the end of the flnancial year and of its surplus Dr deficit for each financial year In accordance with the requirements of Sertions 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to charitable company. These financial statements have been approved in accordance with the Special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. The financial statements were approved bythe Board ot Trustees on and signed on their behalf by: Li/12J 2f. Sarah Nelson (Chair) The notes on pages 17 to 24 form part of these accounts Page 15
NEW DAWN NEW DAY LTD (LIMITED BY GUARANTEE) Reglstered company number 02898859 (England & Wales) CASH FLOW STATEMENT AS AT 31 MARCH 2025 2025 2024 Note Cash flow from operatlng actlvltles Depreclatlon of tangible fixed assets (Increasel/decrease In debtors Increase/ldecreasel in credltors Bank interest received Bank Interest paid {24,908} (3,145) 79,954 44,709 16,757} (38,142) 31,157 (1,356) Net cash flow from operating actlvltles 92,998 (11,486) Cash flow from Investment actlvltles Purchase of tanglble fixed assets Interest recelved 6,757 1,356 Net cash flow from Investlng activities 6,757 1,356 Cash flow from financin8 artivitles Receipts from Issue of long term loans Repayment of long term loans Interest paid Net cash flow from flnanclng attlvltles Net increaselldecreasel In cash and cash equlvalents 99,755 110,130) Cash and cash equlvalents at 1st April 2024 429,559 439,689 Cash and cash equivalents at 3tst March 2025 529,314 429,559 Cash and cash equlvalents conslsts of: Cash at bank and In hand 529,314 429,559 Cash and cash equlvalents at 3tst March 2025 529,314 429,559 The notes on pages 17 to 24 form part of these accounts Page 16
NEW DAWN NEW DAY LTD (LIMITED BY GUARAKfEE> Notes to the financial statements for the ear ended 31 March 2025 l Accountlng Pollcles l. Summary of slgnlflcant accounting policies a General Informatlon and basls of preparation New Dawn New Day Ltd is a registered charity in England and Wales and also company limited by guarantee. In the event of the charlty belng wound up, the liability in respect of the guarantee is limited to £10 per member of the Charity. The address of the charity's head office is given on page 3 of these financial statements. The nature of the charity's operations and principal activities detslled on page 5 of these financlal statements. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practlce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 16 July 2014 las updated through Update Bulletin I published on 2 February 2016, the Financial issued on Reportlng Standard applicable in the United Kingdom and Republic of Ireland {FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice. The flnanclal statements have been prepared to give a 'true and fair" view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and fair" view. This departure has Involved followln8 the Accounting and Reportlng 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 issued in October 2019 rather than the Accountlng and Reportlng by Charlties: Statement of Recommended Practice effective from l April 2005 which has since been withdrawn. The financial statements are prepared on a goin8 concern basis under the historical cost convention, modified to include certain items at fair value where considered necessary. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound. b Funds Unrestricted funds are available for use at the discretlon of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Deslgnated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds a fvnds which are to be used In accordance wlth specific restrictions Imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financlal ststements. Page 17
NEW DAWN NEW DAY LTD (LIMITED BY GUARANTEE) Notes to the flnanclal statements for the ear ended 31 March 2025 Continued l Accountlng Pollcles {Contlnued) l. Summary of signlficant accountlng pollcfes (Contlnued) c Income recognition All incoming resources are included in the Statement of Flnanclal Activities {SoFA) when the charity is legally entitled to the income after any performance of condrtion5 have been met, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtalned then income is deferred untll those conditions are fully met or the fulfilment of those condition5 is within the control of the charity and it is probable that they will be fulfilled. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control overthe item. Fair value is determined on the basls of the value of the glft to the charity. A corresponding amount is recognised in expenditure. No amount of time is included in the financial statements for volunteer tlme In Ilne wlth SORP. Further detail is given in the Trustees Annual Report. Where practicable, gifts in kind donated for distribution to the beneflciarles of the charlty are Included In stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or rfthe costs to undertake such a valuation outweigh any benefrts then the fair value is recognised as a component of donations when It is dlstrSbuted and an equlvalent amount recognised as charitable expenditure. Gifts in kind donated for resale are included at fair value, being the expected proceeds from sale less the expected cost of the sale. Where estimating the fair value is practicable upon receipt it is recognised in stock and "Income from other trading activities" Upon sale. the the value of stock is charged against"Income from trading activities" and the prOedS are recognised as 'lncome from other trading activities" Where it is impracticable to fair value the items due to the volume of low value items they are not recognised in the financial statements until sold. This income is recognised within 'lncome from other trading activities" The charity receives various grants in respect of providing its aims and objectives. Income from grants are recognised at fair value when the charity has entitlement after any performance condltlons have been met, it is probable that the income will be received and the amount can be measUd reliably. If entitlement is not met then these amounts are deferred. Income from trading actlvltles Includes Income earned from fundraising events and trading activities to raise funds for the charity. Income 15 received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. Investment income is earned through holding assets for investment purposes such as interest. Interest income is recognised using the effective interest method. Any dividend and rent income is recognised as the charity's rSght to recelve payment Is established. Page 18
NEW DAWN NEW DAY LTD (UMITED BY GUARANTEE) Notes to the financial statements for the ar ended 31 March 2025 Contlnued l Accounting Policie5 (Continued) Summary of slgnlflcant accountlng pollcles {Contlnued) d Expenditure recognition All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, It is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings: Cost of raising funds Expenditure on charitable activities Other expenditure represents those items not falling into the above categories. Irrecoverable VAT is charged as an expense agalnst the activlty for which the expenditure arose. Support costs allocatlon Support costs are those that assist the work of the charity but do not directly repsent charitable activities and include office costs, governance costs and administrative costs. They are incurred directly in support of expenditure on the object5 of the charity. Fundraising costs are those incurred in seeking voluntary contributions and do not include the cost5 of disseminating information in support of the charitable activities. The analysls of these costs Is In Included In note 6. Tanglble flxed assets No depreciation is provlded on tanglble fixed assets. Assets are written off at the time of purchase. This is contrary to the requirements of Financial Reporting Standard Number 15 The trustees consider that these assets will have a small residual value at the end of each financial year. Debtors and creditors receivable / payable within one year Debtor5 and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. h Provisions Provlslons are recognlsed when the charity has an obllgatlon at the balance sheet date as a result of a past event, It is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. i Leases Rentals payable or receivable under operating leases are charged to the SOFA on stralght Ilne basls over the perlod of the lease. Taxatlon No provision has been made for tsxation as the charity's charitable status renders it exempt from UKdirect taxation. Page 19
NEW DAWN NEW DAY LTD {UMITED BY GUARANTEE) Notes to the financial statements for the ar ended 31 March 2025 Continued Z Income from donatlons and legacles 2025 2024 Donations 2,208 2,208 3 Income from charitable activities Total 2025 Total 2024 lthr¢strl¢ted Ro$trlrt¢d Procurement arrangements: Procurement arrangements Other charltable artivitles.. Restrl¢ted Funds: Cyrenians Ltd loperating as Changin8 livesl Mlnistry of Justice- InteNentions fund Natlonal Lottery Fund- Our place offl of the PolSce & Crlme Commlssloner for Lelcestershlre . Out of Court Resolutlon Office of the Pollce & Crlme Commlssloner- Speclallst Crlmlnal Justlce IDVA 2 Office of the Police & Crime Commlssioner- Speclalist Crlmlnal Justice IDVA Ministry of Justice- Women's services core costs funding Nationwide Foundatlon Unrestrlcted Fund5: General funds Includlng management 262,619 206,833 262.619 206.833 233,339 175,388 38,267 32,050 32,050 32,050 56,730 56,730 56,730 47,772 47.772 47,772 61,463 61.463 60,220 41,294 41,294 16,858 41294 667,467 708.761 660,624 Income from charitable artivities was £708,7611£660,624 in 2024). £667,46712024:£643,7661 was attributable to restrirted funds and £41,294 (2024: £16,858) was attributed to unrestricted funds. 4 Investment Income Totsl 2025 Total 2024 Bank interest received Income from investments for both years are attributed to unrestricted funds. 6.757 1.356 Page 20
NEW DAWN NEW DAY LTD (LIMITED BY GUARANTEE) Notes to the finaKlal statements forthe ear ended 31 Mar¢h 2025 Continued 5 Analysis of expendlture on charltable artlvltlos fundl costs T(rtal General funds includ¢ng rnanagernent ft¢$trfct¢d Funds: Cyrenlans Ltd loperatln8 as ChanÉlng [e$l N?tlon?l Lottery Fund- Cr Place Mlnlstry of Justlce- InteNÈntlons fund Office of the poll & Crlme Commlssloner for Leicestèrshire- Out of CDUrt Re501ution Office tsfthe poll & Qlme Commlssloner- SpecLgllstCrhnlnal Justice IDVA Offke of the Pollce & Crlme Commlssloner- Spe¢ialLst Criminal Justlce IDVA 2 MlnlstryofJustlce- Women'5 5ervlces core costs fundin8 Natlonwlde FndatIon 24 24 262.620 68.546 206,833 262,620 68546 206,833 32,049 32,049 50,372 50,372 60,727 60,727 61,463 61,463 742,634 742,634 £2412024:1-£60311 of the above ¢osts were related to unrestrkted funds. £742,61012024= £665,728) of these costs were related to restricted funds. 6 Allocatlon of support costs Informatldn Premtses Totsl Sala costs incl HMRC Pe G¢ivemance Technolo Other Total Unrtstfitted Fuftds: General funds Includln8 management Restslct•d Funds: Cyrenlans Ltd loperatln8 as Chan81n81?$I Natlonal Lottery Fund- Our Place 24 24 489 174 6,741 1,574 21,131 2,850 212,822 54,729 21.437 9.219 262,620 68,546 Mlnlstry of Iu5tlce- Interventlons fund Offite of the Ponce & Crlme Comrn155loner for Le1ce5tershl- Out of Court Resolutlon OFfite of the Police & Crime Comrni55ioner- Spectslist CrlmlnalJustlce IDVA Offlee of the Polke & Crlme Commlssloner- Speclaltst Crlmlnal ju5tlce IDVA 2 Mlnlstryof Justice- Women's services Corè costs fundlng Nationwide FouThJation 759 3,408 7,126 148,710 46,830 206,833 29,319 2.730 32.049 76 3,618 5,888 37,823 2,967 50,372 76 3.394 2.850 39,281 15,126 60,727 61,343 120 61,463 1,574 18,735 39,845 584,027 98,453 742,634 P4e 21
NEW DAWN NEW DAY LTD (LIMITED BY GUARANTEE) Notes to the flnanclal statements for the ear ended 31 March 2025 Continued 7 Governance costs 2025 2024 Independent examlnation fees Other I,iio 1,574 I,iio 1.872 2,982 8 Net Income / (expendlture) for the year 2025 2024 This is stated after charging: Independent Examiners Fees I,iio I,iio 9 Independent Examlners remuneratlon The independent examiner's fees amounts to £1,110 {2024: £1,100). 10 Trustees and key management personnel remuneration and expenses The trustees received no remuneration, or expenses reimbursed during the year. (2024: Nil) 11 Staff costs and employee beneflts 2025 2025 Full Tlme Equivalent 2024 2024 Full Time Equivalent Number Number Charitable activities Management and administration 13 12 13 12 16 16 15 The total staff costs and employee benefrts were as follows: 2025 2024 Wages and salaries Penslon contrlbutlons - defined contrlbutlon scheme Social security costs 505,966 30,085 47,976 584,027 405,630 24,081 45,787 475,498 No employee received benefits exceeding £60,OIX) per annum. 12 Flxed assets Freehold land Computer equlpment fixtures & & buildlngs fittings Total COST: As at 31st March 2024 and 2025 10.954 24,608 35,562 DEPRECIATION: As at 31st March 2024 and 2025 110.954) (24,6081 135.562) NEf BOOK VALUE: As at 31st March 2024 and 2025 Page 22
NEW DAWN NEW DAY LTD (LIMITED BY GUARANTEE) Note8 to the financlal ststements for the ear ended 31 March 2025 Contlnued 13 Debtor8 2025 2024 Trade debtors Prepayments 43,770 123,724 43,770 123,724 14 Creditor8: Amounts falllng due wlthln one year 2025 2024 Trade txedltors Ac¢ruals and deferr8d income other tax and social securfty other creditors 91,805 6,750 10,488 29,858 91.805 15 Fund reconclllatlon Bal 01. Balance at 31.03.25 Income Transfers Ex nditure General fund$ including management D8signated Fund•: Future property fund Strateglc development & re8ilience fund Rostricl•d Fund8: Cyrenians Ltd loperatir¥J as Changlng1fv98) Mnstry of JusJG&. Inteon8 fijnd National Lottgry Fund - Our Place Office of ihe PolirA & Crime Commlwlongr for Lelc8tèrshire- Out of Court Resoluuon offi ofthe Pclice & Crfme Comml8sloner- sIst Crfmlnal Jusdc IDVA Office of the Pollce & Crime Cornrnissioner- Specialist Crirninal Jusoco IDVA 2 Mlnisty of JuSt- Women s sgrvlces c£Jre costs fvndiThJ Nallorwhye Foundadon Offlc oflhe Police & Crime Commis51oner- th¥8peulic 8ervlcs 242,006 50.259 (53,752} (24) 238,489 158,818 158,818 60,000 60,000 262,619 206.833 (262,820) (206,833) (68,546> {2) 68,545 32.050 (1) (32.049) (1} 47.772 2,601 (50,372) 6,599 56,730 (2,602) (60,727) 81,463 {61,463) 23.972 23,972 6,250 (6,250> 506,187 717,72 1742,634 481,279 Page 23
NEW DAWN NEW DAY LTD (LIMITED BY GUARANTEE) Notss to the financial ststements for the ar ended 31 March 2025 Contlnued 16 Analysis of net assets between funds Unrestricted DeSIated funds fund5 Restrlcted funds Total Fixed assets Cash and current Investments Creditors more than one year 238,489 218,818 23,972 481,279 238,489 218,818 23,972 481,279 17 Leases Operatlng leases - lessee Finance leases primarily relate to the rental of treatment rooms and office space. Total future minimum finance lease payments are as follows: 2025 2024 Not laterthan one year Later than one and not later than five years Later than five years 6,459 25,836 2,153 6.459 27,989 18 Penslon and other post-retlrement benefits The charity operates a defined contribution pension plan for its employees. The amount recognised as an expense in the year was £30,085. 19 Flnanclal commltments Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £6,459 (2024: £27,989). 20 Related party transactlons There are no related party transactions during the year Page 24