REGISTERED COMPANY NUMBER: 02668110 (England and Wales) REGISTERED CHARITY NUMBER: 1041937
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
Women for Well Women
Elver Consultancy Limited Chartered Accountant Suite 312 Atlas House Caxton Lane Wigan Greater Manchester WN3 6XU
Women for Well Women
Contents of the Financial Statements for the Year Ended 31 March 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 13 |
| Detailed Statement of Financial Activities | 14 to 15 |
Women for Well Women
Report of the Trustees
for the Year Ended 31 March 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The principal activity of the charity in the period under review were those of providing a unique and free service to women in the borough of Wigan. This had encompassed drop-in facilities, information and courses in a relaxed atmosphere. In addition meeting space is available for selfhelp groups.
Public benefit
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
02668110 (England and Wales)
Registered Charity number
1041937
Registered office
55 Church Street Leigh Lancashire WN7 1AY
Trustees
Ms J Coates-Topping Ms A M Owens Mrs H Spragg Mrs J Loxham Mrs K Ellis A Holbourn (appointed 1.10.20)
Company Secretary
Mrs H Spragg
Page 1
Women for Well Women
Report of the Trustees
for the Year Ended 31 March 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Elver Consultancy Limited Chartered Accountant Suite 312 Atlas House Caxton Lane Wigan Greater Manchester WN36XU
Approved by order of the board of trustees on .. .. . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . .. . . . . . . . . and signed on its behalf by:
Mrs J Loxham - Trustee
Page2
Independent Examiner's Report to the Trustees of Women for Well Women
Independent examiner's report to the trustees of Women for Well Women ('the Company')
I report to 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 Report to the Trustees of Women for Well Women
Page 3
Independent Examiner's Report to the Trustees of Women for Well Women
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England & Wales 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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1 . 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.
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Steven Blackmore Institute of Chartered Accountants in England & Wales Elver Consultancy Limited Chartered Accountant Suite 312 Atlas House Caxton Lane Wigan Greater Manchester WN36XU Date: . !.�.[/] .i.t ....................... . .Z.1[/]
Page4
Women for Well Women
Statement of Financial Activities
for the Year Ended 31 March 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 9,529 EXPENDITURE ON Raising funds - Charitable activities Women's health and well being 18,146 Other 448 Total 18,594 NET INCOME/(EXPENDITURE) (9,065) RECONCILIATION OF FUNDS Total funds brought forward (27,169) TOTAL FUNDS CARRIED FORWARD (36,234) |
Restricted funds £ 390,500 115 295,790 1,618 297,523 92,977 46,547 139,524 |
31.3.21 Total funds £ 400,029 115 313,936 2,066 316,117 83,912 19,378 103,290 |
31.3.20 Total funds £ 215,961 - 208,299 1,764 210,063 5,898 13,480 19,378 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
Women for Well Women
Balance Sheet
31 March 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 6 122 CURRENT ASSETS Debtors 7 - Cash at bank and in hand (30,373) (30,373) CREDITORS Amounts falling due within one year 8 (5,982) NET CURRENT ASSETS/(LIABILITIES) (36,355) TOTAL ASSETS LESS CURRENT LIABILITIES (36,233) NET ASSETS (36,233) FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 15,606 27,580 96,337 123,917 - 123,917 139,523 139,523 |
31.3.21 Total funds £ 15,728 27,580 65,964 167,633 (5,982) 87,562 103,290 103,290 (36,233) 139,523 103,290 |
31.3.20 Total funds £ 1,535 2,978 21,042 24,020 (6,177) 17,843 19,378 19,378 (27,169) 46,547 19,378 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
Women for Well Women Balance Sheet - continued These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on . and were signed on its behalf by: J Loxham - Trustee The notes form part of these financial statements Page 6
Women for Well Women
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost Computer equipment - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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continued...
Women for Well Women
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.3.21 | 31.3.20 |
|
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 3,013 | 1,166 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
Jayne Loxham was awarded on Honorarium of £500 (2019-20: £nil) for services outside her role as Trustee.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Management Support staff |
31.3.21 1 9 10 |
31.3.20 1 6 7 |
|---|---|---|
No employees received emoluments in excess of £60,000.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Women's health and well being Other Total |
Unrestricted fund £ 109,848 127,125 1,560 128,685 |
Restricted funds £ 106,113 81,174 204 81,378 |
Total funds £ 215,961 208,299 1,764 210,063 |
|---|---|---|---|
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Women for Well Women
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| 5. | COMPARATIVES FOR THE STATEMENT OF | COMPARATIVES FOR THE STATEMENT OF | FINANCIAL ACTIVITIES - continued | FINANCIAL ACTIVITIES - continued | FINANCIAL ACTIVITIES - continued | FINANCIAL ACTIVITIES - continued |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| £ | £ | £ | ||||
| NET INCOME/(EXPENDITURE) | (18,837) | 24,735 | 5,898 | |||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | (8,332) | 21,812 | 13,480 | |||
| TOTAL FUNDS CARRIED | ||||||
| FORWARD | (27,169) | 46,547 | 19,378 | |||
| 6. | TANGIBLE FIXED ASSETS | |||||
| Improvements | Fixtures | |||||
| to | and | Computer | ||||
| property | fittings | equipment | Totals | |||
| £ | £ | £ | £ | |||
| COST | ||||||
| At 1 April 2020 | 1,122 | 23,053 | 20,128 | 44,303 | ||
| Additions | - | - | 17,206 | 17,206 | ||
| At 31 March 2021 | 1,122 | 23,053 | 37,334 | 61,509 | ||
| DEPRECIATION | ||||||
| At 1 April 2020 | 1,122 | 22,778 | 18,868 | 42,768 | ||
| Charge for year | - | 229 | 2,784 | 3,013 | ||
| At 31 March 2021 | 1,122 | 23,007 | 21,652 | 45,781 | ||
| NET BOOK VALUE | ||||||
| At 31 March 2021 | - | 46 | 15,682 | 15,728 | ||
| At 31 March 2020 | - | 275 | 1,260 | 1,535 |
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Women for Well Women
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||
| £ | £ | ||||
| Trade debtors | 26,866 | - | |||
| Other debtors | - | 2,530 | |||
| Prepayments | 714 | 448 | |||
| 27,580 | 2,978 | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.3.21 | 31.3.20 | ||||
| £ | £ | ||||
| Trade creditors | 587 | 2,015 | |||
| Social security and other taxes | 3,921 | 2,585 | |||
| Other creditors | 845 | 543 | |||
| Accruals and deferred income | 629 | 1,034 | |||
| 5,983 | 6,177 | ||||
| 9. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.4.20 | in funds | 31.3.21 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | (27,169) | (9,064) | (36,233) | ||
| Restricted funds | |||||
| Big Lottery Grant | 46,547 | (6,318) | 40,229 | ||
| Coalfields | - | 754 | 754 | ||
| Criminal Justice | - | 27,753 | 27,753 | ||
| DIAS/WW | - | 44,607 | 44,607 | ||
| Big Lottery DV | - | (3,663) | (3,663) | ||
| WMBC People Services | - | 39,366 | 39,366 | ||
| WMBC The Deal | - | (9,523) | (9,523) | ||
| 46,547 | 92,976 | 139,523 | |||
| TOTAL FUNDS | 19,378 | 83,912 | 103,290 |
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Women for Well Women
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Big Lottery Grant Coalfields Criminal Justice DIAS/WW Big Lottery DV WMBC People Services WMBC The Deal TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Big Lottery Grant TOTAL FUNDS |
Incoming resources £ 9,529 97,744 9,778 48,743 110,174 47,150 49,186 27,725 390,500 400,029 At 1.4.19 £ (8,332) 21,812 13,480 |
Resources expended £ (18,593) (104,062) (9,024) (20,990) (65,567) (50,813) (9,820) (37,248) (297,524) (316,117) Net movement in funds £ (18,837) 24,735 5,898 |
Movement in funds £ (9,064) (6,318) 754 27,753 44,607 (3,663) 39,366 (9,523) 92,976 83,912 At 31.3.20 £ (27,169) 46,547 19,378 |
|---|---|---|---|
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Women for Well Women
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Big Lottery Grant TOTAL FUNDS |
Incoming resources £ 109,848 106,113 215,961 |
Resources expended £ (128,685) (81,378) (210,063) |
Movement in funds £ (18,837) 24,735 5,898 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Big Lottery Grant Coalfields Criminal Justice DIAS/WW Big Lottery DV WMBC People Services WMBC The Deal TOTAL FUNDS |
Net movement At At 1.4.19 in funds 31.3.21 £ £ £ (8,332) (27,901) (36,233) 21,812 18,417 40,229 - 754 754 - 27,753 27,753 - 44,607 44,607 - (3,663) (3,663) - 39,366 39,366 - (9,523) (9,523) 21,812 117,711 139,523 13,480 89,810 103,290 |
|---|---|
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Women for Well Women
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Big Lottery Grant Coalfields Criminal Justice DIAS/WW Big Lottery DV WMBC People Services WMBC The Deal TOTAL FUNDS |
Incoming resources £ 119,377 203,857 9,778 48,743 110,174 47,150 49,186 27,725 496,613 615,990 |
Resources expended £ (147,278) (185,440) (9,024) (20,990) (65,567) (50,813) (9,820) (37,248) (378,902) (526,180) |
Movement in funds £ (27,901) 18,417 754 27,753 44,607 (3,663) 39,366 (9,523) 117,711 89,810 |
|---|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
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Women for Well Women
| Detailed Statement of Financial Activities for the Year Ended 31 March 2021 INCOME AND ENDOWMENTS Donations and legacies Donations Grants Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Rates and water Light and heat Telephone Postage and stationery Sundries Resources client direct costs Cleaning Director honorarium IT software and consumables Rent Refreshments Staff training Subscriptions Travel expenses Volunteer expenses Events & conferences Fixtures and fittings Computer equipment Support costs Finance Payroll services Governance costs Insurance Carried forward |
31.3.21 £ 1,543 398,486 400,029 400,029 211,810 13,147 4,374 - 2,827 6,232 1,174 11,316 37,528 869 500 707 13,750 - 3,249 392 673 2,739 - 229 2,420 313,936 913 764 764 |
31.3.20 £ 1,436 214,525 215,961 215,961 136,886 7,801 2,571 1,364 3,244 3,956 1,167 1,458 22,013 1,748 - 356 15,040 674 2,695 326 2,251 1,792 2,156 358 443 208,299 816 444 444 |
|---|---|---|
This page does not form part of the statutory financial statements
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Women for Well Women
| Detailed Statement of Financial Activities for the Year Ended 31 March 2021 Governance costs Brought forward Accountancy and legal fees Total resources expended Net income |
31.3.21 £ 764 504 1,268 316,117 83,912 |
31.3.20 £ 444 504 948 210,063 5,898 |
|---|---|---|
This page does not form part of the statutory financial statements
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