Charity reglstrallon number 1044344 Company reglgtratlon number 02855091 (England and Wales) THE ANGELOU CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 THE ANGELOU CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees O Richardsan RF McBrearty S Mapanda T Sikka TM Gunn M Patel (Appointed 2 January 2024) (Appolnted 8 February 2024) (Appointed 8 February 2024) (Appointed 1 May 2025) Charfty numbor 1044344 Company number 02855091 Reglsterod offic• 17 Brighton Grove Fenham Newcastle Upon Trn8 NE4 5NS Audltor Allen Sykes Audit Limited 5 Henson Clos8 South Church Enterprise Park Bl$hop Auckland Co Durham DL14 6WA THE ANGELOU CENTRE CONTENTS Page Chaimian's statement Trustees, report 2-12 Indapendent audltoffs report 13-16 Statement of financial activities 17 Slalement of financial posltlon 18 Statement of cash flows 19 Note8 to the fflnancial statements 20-33 THE ANGELOU CENTRE CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 AUGUST 2024 The Angelou C8ntr8 was astabllshed to provide support to women and girls who experience domestic violence and abuse lust over 30 years ago. Today, we continue to offer those services. As I reflect on the pa8t year, I'm filled with optimism. Vle are seeing tangible diffe￿nCeS in the lives of those ￿10 use our servlces. We have h8d a challenging year with a number of staffing changes, despite this, we have kept our services going. This is due to th8 dedlcatlon and commitment of our staff who continue to 8UPPOrt our service users. Thank you. A8 a °by and for. (Kganisation, we are govèrned 8nd18d by members of the communltl88 we serve. In doing this, W8 ar8 @nsuring that servlces ar8 culturally competent bul deeply rooted in our lived experiences. This model promotes trust, safely and a rn0￿ effective response to the specific barriers and challenges fa¢ed by cur u8w$. Ive would like to thank the women and glrls who use our services for the trust you have placed in us. IN8 continue to feel the impact of the pandemic but we remain optimlstlc that we can contlnue to face th8 challenge8 that are evident within the charlty 8eclor. We have continued to implement changes that wlll make us a stronger, more 8U8tainabl8 organ18ation. I have been heartened to lee the continued passion and commltment of our supporters and 8ponsors. Your dedication and support ensure we can continue to represent those ￿10 use our 8ervice8. Th8 Bo2rd would like to thank those who hava supported, engaged or challengad us for your input. Together, we will contlnué to deliver for rvices Users and l am excited for the year ahead. Odeth Richardson Chalr Date.. EXECUTIVE DIRECTOR'S STATEMENT l Joined the Angelou Centre in Aprll 2024 and took functlon In June, trwo months before the end of our financial year. I stepped into an org8nl8alion already de8ply root8d In a legacy of resllience, reslslance, and transfomiation. I was immedlately struck by th6 strength of the women we senie and the dedication of the team working tirdessly to meet thelr needs. Over the pa8t year, I heve had the priwlege of witnessing th• Angelou Centre's unique, hollstlc approxh to r￿PpOrtIng Black and minoritised women and children, th088 so often excluded from malnstream servlces. From trauma-informed advocacy and refuge provision to immigration support and empowement programme8, tha breadth of our work is both humbling and vital. Our vKaparound mod81 Is not just about safely and swival - it is about voice. agency, and long-term Justic8. Thls year, we have navlgated ongolng financial and systemic challenges, compounded by a cosl-of-livlng crisis and continued thrgats to servica8 for those wlth No Recourse to Publlc Funds (NRPF). Yet, we have continued to grow and r8spond with InnOVa￿On and care, thanks to the incredlble determinatlon of our st8ff, volunteers, and partners. Our work remains grounded in intersectional Black feminlst values, c4ntring the lived experfencès of women whose voitss are often 8ilenc8d. As we reflect on the past year, l am proud of what we have achieved together, aThY committed to the work still to come - ensuring that every woman and child who walks through our doors 18 met wtth thè dignity, support, and 501idarity they de8ep48. Thank you for standlng with u8. Faty Kane Executlve Dlrector THEANGELOU CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2024 The trustees present their annual r8POrt arKI financial statements for the year ended 31 August 2024. The flnancial statements have been prepared in accordance wrth the 8ccounting policies set out in not8 1 to the financial statements and comply with the charity's Igoveming documenti, the Companies Act 2006 arKI 'Ac¢ounting and Reporting by Charities.. Ststement of Recommended Pracirce applicable to charities preparing their accounts in accordance wlth the Flnancial ReportirKJ StarKlard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). ObJectlve8 and actlvltle8 We are 8 safe, conffdential place run by and for women from Black and racially mlnorftised Mmmunities In the North Easl of England. We help women. children and young people recover after experiencing violerKe. abuse or unfalr treatment. Wa118ten, we understand, and we nev8r Judge. Our support Is holistlc. Alongside r8fug6 housing we provlde ¢oun&olling. therapy, skllls courses. gr(￿P trlps, residenkn'als and confidence building programme8. Our professlonal 8XP8rt8 help women under•tand their rights and galn Independence. And we advocat8 on thelr behalf to make sure those rfght8 are upheld. Because we take the time to 8UPPOrt women through all the dlfferent needs and challenges they migm face, we glve them the ¢hanc8 to truly rebuild their lives. Help us shape a society where women and children from dlv8r88 communilles achieve their full pot8ntlal - free from Inequality, discrimination, violerKe and abuse. The Angelou Cantre w88 louts￿ed In 1993, as 8 group of Black and minorltised women In Newcastle recogn18ed that there was a huge polential for us to ￿eate our own services, address barriers and 8UPPOrt other women in slmllar sttuation8. We define ourselvès 86 a Black-le(I feminist organisauon, mana9ed and led by and for Black and mirKJritised women and girls (Including staff, management and trustee8). As a Black-led feminist organlsatlon we are strongly committed to addressing politlcal, economic and social inequallties and discrimination In order to effect structural and Institutsonal change. Our work retains a crib'¢81 eya on the intersecting oppre881on that Black and minoritised women and girls face at personal, community and Institutional levels. The safety, representation and voices of Black and mlnoritlsed women and girls are central to the work w8 do. We provide our holÉstic support tFwh a range of 5 intersecting 8enfiCe areas.. 1. Havens - safe ￿CoMModation 2. Violence Against Vlomen and Glrfs VJAWG) advocacy 8UPPOrt 3. Multi-lingual counselling 4. Ma Slmba - support for children, young people and thelr non-pèrpetrating mothers S. Tralnlng. wellbeing and incluslon. We usa the tem '81ack' and '8la¢k and racially minoritlsed, (rather than BME, BAME. and BAMER) as a way to historfc811y conned the resistance 8ThJ struggle of women of Golour that has been critical to the development of the Black feminist movement, and to create soltdarity amongst Black women and girfs whilst reccgnising diversity within Black and racially minorits'sed communitie8. Public ben6fit The trustees have paid due regard to guidance issued by the Charity Commission In declding what actlvitles the charity should undertake. THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Achlevemgnts and performance For many. the ArKJelou Centre's safe accommodation serylces are the only option for escaping dangerous and life- threatening Sltuations. We have 7 properties that can shelter up to 30 women and 12 children. These havens ar8 arranged by 3 categories ol support.. 1. Emergency accommodatlon Immediate. safe housing for Individuals and famllies fleelng domestic violence or other crises. Our fully secured and confidential locations offer a supportive envlronment wh8r8 residents can begin their joumey toward recovery. Haven $18ff work with women and children to provlde tailored practical 8UPPOrt, Including help filling out forms, Na181ng wlth other professionals Ilke GPS, 801icitors 8nd local 8uihorlty stsff, and providlng lunth for toiletries, food and other e88ential item8. 2. Accommodatlon for tho8a ¥¥lth No Recourse to Publlc Funds (NRPF) The Angelou Centre18 c￿8 of very few organlsallons In the UK provkling refuge accommodati¢)n to those with No Recourse to Public Funds (NRPF). NRPF 18 an Immigration rule, that slops scffie peop18 from accessing rnost put4lc funds from the UK government, including tax credits, benefits or houslng 8UPPOrt. Our haven Staff 8UPPOrt women to apply for Hom8 Office concessions and access Immigratlon advlce and representation for longer-lerm complex ca88s. Wthoul our NRPF dedicated bedspaces, many survivors would be left without oplions, forced to remain in abuslve ar￿ronmentS or face homele88nes$ and further vi￿1M138t10n. 3. Move-on accommodation Move<*n hous88 are about promoting independent Ilvlng. They are de8lgned ft)r women who have alrea developad skllls and sorne level of Independènce whilst living in our em8rg8ncy ac￿mMOdatIOn trjjt are not fully ready to be on thelr own. Women tend to stay in MoVe￿n accommodation for 4-6 month8 before findlng Independent Ilvlng t¥)tions. Haven staff work hard to ensure that women aren't just suMving in safe accommodation thoy're also finding moments of joy and buildlng their confidence arKI skllls. Staff organise f9Stival celebratlons for Ramadan, Black History Month, Diwali, Christmas and Eester, as w811 as outingB to local cinemas, museums and cultural attractions. They bring in heallhcare professiona18 to do moblle cervical, breast and health screenings, and offw session5 on practical ski118 like budgeting for those who aren't used to handling money. In the year to August 2024 Emorg•nGy a¢commodatlon 18 bed spaces (including up to 12 children) 44 new women into our emergency accommodatlon 3 of th8 women we support were pregnant andlor had their bables whi18 Ilvlng In our rofuge 28 wère successfully moved on Of those who SLKcessfully moved on; 15 went into thelr own home 6 went to Ilve with family or friends 9 went to *ay else￿re THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 NRPF 4 bed spaces 12 women YAth Com￿eX immigration cases supported. Of these: 2 of these women h8ve rnoved on to $88k asylum and are now rehoused by the UK refuge6 servlce, 4 are still residing with us 6 have had their immigration issues resolved and now have acces8 to public fund$ and mor6 support Movewon accommodatlon 8 bedspaces 19 wornen supported 14 came from wr emergency accommodation Average stay of 4 months Of those who successfully moved on,, 5 went into their own home 6 went Into supported houslng Th8 housing team at the Angelou Centr8 has provided axceptional 8UPPOrt throughout my lin￿ in the r8fug8. Theli prolessionalism. compassion, and dodic8tion have made 8n immense difference in my joumey to reGOV&ry. They consistently go above and beyond, nor only by helplng with housing matters bul also by organizing lovely trips and 8Ctivltles th8t h8Vg m8de 8 challenging lime much MO￿ bearnble. Going on the tilps has offer8d me moments of peace, Joy, 8nd healing, whth l am Incrédibly gr8t&ful for. Through our Vlolence Against Women and Girls (VAWG) services, the Angelou Centre works wlth bvomen who have experienced domestlc abus8 andlor sexual vK)lence. This is Often In addition to immlgration abuse, harmful practice8 such as fernale genital mutilalion {FGM), Sexu81 exploitation, forced marrlage, transnational marriage abandonment, trafficking and economlc abuse perpetrated through v8rying cultural and 80clal lense5 by intlmate partners, family members and or communlty membern. Delivered thanks to funding from Northumbria Pollc8 and Crime Commision and the Ministry of Justi￿, our Bulldlng Positive Llves program provides advocacy, safety ￿annIng and practical support to women as well as helping them navlgat8 the criminal justice system and report crlmes. Victlms provlde several r8ason8 for not reporting what's happened to them, partlcularly In cases of domestic and sexual violence. Thè most common reasons Include: Fear of reprisal or retaliation Mistrust of the system Shame or stigma Emotional and psychologtcal barriers Th888 barrlers highlight th8 need for culturally sensitive, trauma4nfomed adv¢xacy and support services to help wrvivors f881 saf8. Infomied and empowered when considering whether to report a crime. Alongside supporting the vldim, we work in partnership with external agencies to shpre our speclallst expertlse and help imFxove their understanding of Black and racially minoriti8ed victims survivors. THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 336 Black and minoritised VA)men accessed our VAWG advocacy 8UPPOrt 95% of Setvice users have shared that receNing intensive advocacy support throughout criminal justsce engagement has helped them provid& more confident and detailed evidence. vhlilsl r8duang levals ol anxiety and trauma 88% of women reporte(I Improved health and wellbeing through wellbeing actlvlties and therapeutic ounselling 84% report8d greater financial stability through access to benefit8 or Hardship funds. The counselling ser4lce withln thè Ar¥Je1￿ C8ntre is central to our holistic support- addressing trauma with women, children and yLwng people to Improve psychological and emotional well-being. Many of our cllents suffer from lack of confidence, depression. anxiety and lack of sleep. This lead8 to an Inability to functlon withln thè communlty and Cen lead to Safeguarding i68ues for womèn, includlng childr8n and their mothers. Our multilingual offer recogn18e8 that language barriers can exacerbate Isolation and hlnd8r access to essential 8eniice8. We 8180 practice culturally sensitive coun8811ing that looks at the Impacts of immigratlon ipAue8, cultural practlc8s and soclal rKJwm8, which helps survlvcY8 regain their sense of self, autonomy, and emokn'onal well-b•ing, In the year toAugUSt 2024 Our counselllng 88r¥lce supported 78 adult cl•ents 17 child clients Over the course of 1040 se881ons, an average of 26 counselling 8es8ion8 each week. Of tho88 SeS8lons, we delivered: 72 In Persianl Iranlan- Farsl 30 in P8nlabl 42 In Arablc 54 in Bengall 4 In Triryinya 2 in Yoruba 32 In Hindi 48 in Kurdish-8oranl 15 in Urdu Anna", 8 40-yearryold Iranian woman, was referred to The Angelou Centre's counselling after experiencing domestic vlolence. Initialty lured to the UK by tr*r husband's promises of love and a better Ilfe, she so¢>n fwnd herself trapped in a psythologicalSy abusive merriage. Once a successful bu8inesswoman In her home county. Anna was stripped of her independen￿, forbidden from working, and subje¢ted to constant ridicule and emotional manipulation. This left her wth severe self-doubt, low self4steem, and a loss of identity. Her trauma manifested in emotional distress, memory issu88. and self-hatred, making her qu8stlon hèr worth and ability to move fomard. Billngual ¢oun8elllng played a crucial role in her recovery, allowng her to express complex emotions in her natlve language, fostering deeper trust, and facllitating culturally appropfiate Interventicns. Only through therapy providad by Angelou's bi-lingual counsellors was Anna able to fows on rebuilding her confidence by practiang selfugh Angelou C8ntrg. we h8ve been grfted with a free tablet and we now feel Gonfjiyenl to use lo send text mess8ggS W8 want fmm not belng 8bJe to wrlte and sp88k Engllsh to behg 8ble to now wrRe ournames and flll fomls without needing much support rrom 8 SilPPOrt worker orstaff I did not know Ihal thom are such beaulrful places around here ￿th very nico poople saying hollo lo us Mlh & smile. I was 81w8ys afraid to slep out to newplaces but now I look lonvard lo g￿ng to more new places to enjoy and f881 h8ppy. l am not ar￿Id anymore. THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Chl's Journoy to Safety and Independence Chi. a 52-year-old African woman, was refeired to Th8 Angelou Centre by her eldest son after enduring years of physical, verbal, emotional, psychological, and immigration-based abuse from her husband. The severty of her situation placed her at high risk, prompting immedlate intervention from the centre's VAWG advocates. As Ihe vlo18nce at home escalated, Chi's son had no choice but to call the police. Forced to leave her home, she moved in with hlm, but living In hls on&b8droom flat was neither a sustainable nor a safe option. She fell like a burden and remained in constant fear that her husband would find her. With nowhere lo turn and overwhelmed by trauma, Chi wa8 desperate for stability and security. The Angelou Centr8'8 advocates stepped in to provide comprehen8ive, 8urvivor-c8ntred SUPFQrt. Thay worked 8wlftiy to a$$ess th8 r5sks and develop a safety plan tsilored to Chi's needs. R¢cogni8ing h8r imme¢Jal• vulnerability, they helpèd her secure am8rgency accommodation, providing her with a 8afe space away from danger. Legal 8pecla118ts were brought In to guide her Ihrough cornplex immigration issues, ensuring she understood her dghts ond optlons for proiectlon. Th8 emotlonal toll of abuse weighed hoavily on Chi, but through traum8-Infomied counsolllng, She lound th8 st￿ngth to proc8S8 h8r experfences and begin healing. The c8ntre al80 provlded essential financial support, helplng her access hardshlp funds, food provi81ons, and other necessities. As she slowly regaln8d Stability, the acfvocates Introduced her to peer support groups, wh8re she connected with olher wom8n who had walked Similar paths. Through thelr shared exp6denc88, Chl found solidarlty and en¢ouragem8nt, no longer feeling alone in hor Struggle. th the unwavering support of The Angelou Centr8, Chl was 8bi8 to rebuild her Ilfe. She secured Fermanent housing, regained her emotional well-being. and took steps towards flnanclal Ind8p8ndence. The guidance and advocacy She received empowered her with knowledge and a strong 8UPPOrt network, 8llowlng her lo move forward free from abuse. Chl's journey is g testament to the transformatSve powef of The Angelou Centre'8 holistic approach. Imth tr* rfght 8UPPOrt, 8uNlvors can reclalm th8lr Independence, heal from their past, and embrace 8 future filled wth hope and re6illence. ('Name changed to protect identity) Flnanclal rnvlaw The Statement of Financial Activi118s shows total incoming resour￿8 of £1,061,707., (2023 -£1,309,642). Totsl expenditure was £1,293,850., {2023- £1,452,393}, giving rise to a deficit of £232,143',12023 - £142,751). Total reserves of the charity amount to £719,781,. (2023 £951,904) of which unrestricted reserves amounl to £517.708, (2023- £68D,036). At 31 August 2024 the actual "free" re3eNes {i.e. those not tièd up with fixed assets) of the charity amounted to £300,20612023- £445,732). THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Resen/es polKy Our ￿serveS policy aims to ensure that our work Is protected trom the risk of di8ruplion due lo lack of funds and ensures that we do not retain income for longer than required. The trustees believe that the minimum level of reseTve6 should be the equivalent of 6 months runnIn￿Operating costs, 5% redundancy costs plus ongoing propety repair costs. The ￿serveS w8 have set asid& provide financial stability and the mean6 for the d8V81opment of our services in line with our vi6ion and rnisslon and the development of pnncipal aclivity. Reseryes The following consideration has been given in idenlifying the appropriate levels of reserv88.' Analysis of past tren¢Y8 Review of futu￿ income streams and rallablllty Analysis of existing funds and r888rwes Discussion with treasurer and finance sub committee Identiflcation of likely changes lo main sources of income Assessment of rlsks facing the charity Forecasting of planned activitie8 Thè Board regularly reviews the reserves that are required to ensure th@y are adequgte to fulfil any ongoingl continulng obligations. CommllmentslLong term Commltments Commitments and long-term commitments that are not already reflected In budget projections 8re evaluated on 8 regular basis and further provisicn will be made should the need arisa. Target Range for r888rves The target range is set at 6 months. Th8 frea rèservas of the charity (i.e, those not tied up with fix8d assets), amounted to £300.206. Th8 trustees believe the amount of free reserves held 18 adequate and in excess of the level prescribed by the reserves policy (currently estimated at £413,000). The truslees have implemented cost cutting measures in 8n attempt to return the charity to a position whereby it generates surpluses and lo return free reserve5 to the desired level prescribed by the reserves poiicy Thè Board of Trustees consider that Ihis t8rgel maintains enough flexibility in the Context of operational requlrements In Ilne with the organisations size and complexity. THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Plans for future perlods We want to contlnue lo bulld on our holistic offer. centring the volces and need5 of the women, cpildren and young people we help. Specific initiatives we're planning include: Expanding our oijtreach in South Tyneside, Sunderland, Gateshead, Northumberland and North Tyneside. 58% of the women we supported wlth VAWG work last year were based in Newcastle, so we are already rking wlth ag8ncies and Councils in a wider area to tackle ba￿￿er5 including referral pathways and travel costs. Renovating our family counselling and play space, to make it a more welcoming and 8ngaging place for families lo heal Research to understand VAWG referral pathways. 43% of our VAWG clients refer themselves, r8fiecting our pre88nce in the community and the trust we've built. But refe￿al8 from certain agencie8 are lower than we might expect, including the polSce, schoo16 and Vidlm and Witnes8 SUPPOrt. We'll look to unders12nd why thls Is and ensure we'ts addresslng any barriers to acce88 or gaps in service provision. Work lo tackle barders that prevent rnothers from fle8ing domestic abuse - Such as childcare, support for hlldren wlth SEND, moth8r8' rnental health support and financlal support Responding to the long-term Int•r8ecllonal •ffect$ of COVID, the cost of Ilvlng, and domestic abuse on children, Including a worrylng rlse we're seeing in undlagnosed learning disabllrtles, autlsm, and developmenlal delays Supwrt for children's behavloural development, Includlng children displaying aggressive behavlour$ learned from abusiva environments. and supporting chlldren bvho are unfairly punlshed for responding to racial bullylng Improving our offerlng for 16-18-ye8r-olds Hiring and child sexual abuse practitioner, in re$pon5e to a rise we'r8 s8eing in referrals lor child sexual abuse and domestic vlolence 8tructiir•* governance and rnanagoment The Angelou Centre 18 a registered charity {ch8rity number 10443441 and a company limlled by guarantee (company number 28550911. It is governed by a m8nagemenl board of up lo 12 rnember8. The trustees, who are also the directors for the purpose of company18w, and who Served during the year and up to the date of $lgnature of the financial statem8nt8 were.. M Idika (Resigned 9 April 2024) SAA Edusel (Resigned 22 Decembar 2023) O Richardson K Ashfaq P Bw8nye F Kane RF McBreaty S Mapanda T Sikka TM Gunn M Patel (Reslgned 9 April 2024) (Resigned 20 October 2023) (Resign8d 9 February 2024) (Appointed 2 January 20241 (Appointed 8 FebrLtary 2024) (Appointed 8 February 2024) (Appointed 1 May 20251 The Recrultsnent and Appointment of new Trustees Membership of the charity is open 10 8ny woman aged 18 years and over who is Interested In promoting the objects of the organisation. Tmslees are elecled from the membership at tho annual general meeting. The truste8s retire after three years by rotation with one-third standing down every year. A retiring trustee may however be re-elected. Th& Oryanisational Structure of the Charlty The Manag8ment Board is made up of mlnimum of 3 and rnaximum of 12 tTUStees. It meels on a regular basis and is responsible for providing strategic direclion to Ihe Gharity. There are sub committees covering personnel issues, nance and fundraising. general activities and programmes which meet more regularly. An Executive Dirèctor Is appointed by the Board to manage the d8y40-day operations of the charity 10- THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 The Induction and Tralnlng of Trustees N8W trustees undergo an indurtion to brief them on thair legal obligations under charity and (ompany law, the content of the Memorandum and Articles, the Management Board and decision-making processes, the business plan and the recent financlal p8rformanc9 of the charity. During thls inducticn day they rneet staff and other trustees. Trustees are encouraged to attend appropriate training events whlch will facilitate elficiency and eff8ctlV8nass In unrjertaking Iheir roles. Rlsk Management The trustees have identr'fied the rnajor strategic, business, and operational risk5 which the charity faces and confirrn that systems have been established to enable regular reports to be produced so that essential action is laken lo minimise those risks. A risk managem6nl plan has been introduced as part of the formal risk management process to ass68S organisalional risk and implement approwiale strategies The plan consld&rs the types of risk faced by th8 harity, prloritlslng them in terms of impact and Ilkellhood of occurrence, and Id8ntifying mèans of mitigating the risks. Statement of trustse8' respon8lbllltSes The trustees, who are al80 the directors of Tha Angelou Centre for Ihe purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Klngdom Generally Accepted Accounting Practice) Company Law requires the tru8tees to prepare financial statements for each financial year which gwe a true and falr view of the state of affairs of tha charlty and of the incoming resources and applicatlon of resources, indudlng the income and 8xpenditure, of the charitable company for that year. In preparlng these flnanclal statements, the trustèes are required to.. - select suitable accounting policie8 and then apply them con81￿en￿y', - ob8eThe the melhods and princlples In the Charities SORP,. make ludgamen18 and estimates Ihat are reasonable and prudenl., and prepare the financial statements on the going concern basls unle88 It is Inappropriate to presum that the charity will continue in operatlon. The trustees 8re responslbla for keeping adequale accourrtlng records that disclose with reasonable accuracy at any time the financial position of the charity 8nd enable Ihem to enwre that the fjnancial ststements comply wllh the Companies Act 2006. They 8re al80 responsible for safeguarding the assets of the charity and hen￿ for tsking reasonable steps for th8 prevention and detection of fraud and olher irregularltles. Audftor In accordance vlth the company's artlcles, a resolulion proposing that Allen Sykes Audit Limited Ix reappointed a8 auditor of the comp8ny will be put at a General Meeting. Small company provi8lons This report has been prepared In accordance with the provision5 applicabl8 lo companies enlitled to the small companies exemption. 11 THE ANGELOU CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Dlsclogura of infomiation to auditor Each of the trustees has confimied that there is no infomiation of vthich they are aware which is relévant to the audit, but of ￿lch the auditor18 unaware. They have further confirmed that they hava tsk8n appropriale steps to identify such re18vant infomiakn'on and to establish that the auditor is aware of such information. The trustees. reFX)rt W88 approved by tha Board of Trust88s. O Richardson Trustse -12- THE ANGELOU CENTRE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE ANGELOU CENTRE Oplnlon We have audited the financial statements of The Angelou Centra (the 'ch8rlly') for the year ended 31 August 2024 which comprise Ihe statement of financial activities, the statem8nt of financial positlon, the statement of cash flows and not8S to the financial statements, including significant accounting policies. The financial reporting framework that has baen applied in their pr8paration is applicabte law and United Ksngdom Accounting Standards, including Flnan¢ial Reporting Standard 102 The Financlal Reporting Standard 8ppIic8ble in Ihe UK 8nd Republic of Ireland (United Kingdom Generally Accepted Accounting Practlce). In our oplnlon, the financlal statements: give a trLt8 and fair vlew of the state of the charitable company's affairs as al 31 August 2024 arKI of ils Incoming resources and appllc8tion of re8ource8, including it8 income and expenditure, for the ye8r then ended., have been prop8rly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿. and have been preparéd in 8¢¢0rdance wtth the requirements ol the Compani88 kt 2006. Bas18 for oplnlon We conducted our audlt In accordance with International Standards on Audillng (UK) {ISAs (UK)) appllcable law. Our responsibilities under those standards are further described in the Auditorfs responsibilitias for the 8udit ol Ihe financial statements section of our report. We ar8 indèpendent of the charity in accordance with the ethical requirements that are relevant to our 8LKJit of the financlal statements In the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical re8ponsibllits.es in accordance wlth these r8quiremenls. We believe that th& audll evidence we have obtsined 15 sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financlal statements, we have conciuded that the tru8tee6' Use of the golng concem basis of accounting in the preparation of the flnancial statements is appropriate. Based on the work we have performed, we have not Identlfied any matedal uncertainlies relating to events or conditions that, individually or collectively. may cast Si9nificant doubt on the charity's ebillty to contlnue as a going ¢oncem for g period of at least bNelve months from when the financial statements ara authorised for is8ue. Our respon8ibllitle8 and the re8ponsibllltles of the twstees with respect to golng concern are descrlbed in the relevant sections of thls report. Other Informatlon The other infomiatlon comprises th8 Information i￿luded In the annual report other than th8 finaFKial slalemenis and our auditors report thereon. The trustees are responsiblè for the other Informatlon contain8d withln the annual report. Our oplnlon on the financial st8tements does not cover the other information and, eKcepl to the axtent otherwise explidtly stated in our report, we do not express any form of assurance concluslon thereon. Our respon5iblllty is to read the other information and, in doing so, conslder whether the other inform8tlon is materfally inconslstent with the financlal statements or our knowledge obtained in the course of the audit. or othemse appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are requlred to determine whether this gives rise to a material misstatement in the financial ststements themselves. If. based on the work we have performed, we condude that there is 8 rnat8rial misstatement of this olher information, we are required to report that fact. We have nothing to report In this regard. Opinions on other matters prescrlbed by the Companles Act 2008 In our opinion, based on the work undertaken in the cc)urse of our audit.. the information given in the trustees, report for the financial year for whlch the financlal stataments are prepafftd, which includes the dir8Ctors' report prepared for the purposes of company law, is consistent with the financial statements" and the directors, report Included within the trustees. report has been prepared in accordance with applicable legal requirements. 13- THE ANGELOU CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF THE ANGELOU CENTRE Matters on whlch wè aro requlred to report by exceptlon In the light of the knowledge and understanding of the charity 8nd its environment obtained in the course of the audit, W8 have not identified material misstat8menl8 in the directors, report Included within the trust88s' reptxt. We have nothing to report in respect of the followlng matters in ￿la￿On to which Companies Act 2006 requlres us to report to you if. in our opinion: adequate accounts'ng record$ have not been kept, or retums adequate for our audli have not been received from branches not vlslted by us,. or the finarKi81 statèments are not in agreement with the accounting records and returns", or c8rt8ln disclosuros of trustees, remuneratlon specifléd by law are not mad8. or we have not received all information and expianatlons we require for wr audit, or the trustee$ We￿ not entiued to prepare the financlal 8t8tements in accordance with the small companies regime and take advantage of the small comp8nifts' exemptions in pmparing the tru8t88s' r8POrt and from the requirement to prepare a strategic reporL Responslbllltles of tni8lees As explained moro fully in the statément of iNStees' responsibilitles, the trustees. who are also the directors of the charity for the purpose of company law, are respon81ble for the preparation of the finartcial statements and for being Satisfied that they give a true and fair view, and for such internal control as the trustees det8rmine is necessary lo enabl8 th8 preparatkjn of Ilnanclal statements that are free from materlal rnls81atement, whether due to fraud or error. In preparlng the financlal statements, the trustees are respon81ble for asse881ng the charity's ablllty eontlnue as a going concem, disclosing, as applicable, matter8 related to going concem and u8lng the golng concern basis of accounting unle8S the trustees either intend to liquidate the d)8ritable company or to cease operations, or have no realistic alternative but to do SQ. Audllorfs re8ponslbllltl88 for the audlt of tho flnanclal statements Our objectlves are to obtain r8a8onable assurance about whet￿r the financial 8tstements as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditorfs report that Includes our opinion. Reasonable assurance 18 a high level of assurance but 18 not a guar8ntee that an audit conducted In accordance wllh ISAS (UK) will alw8ys detect a materlal mls8tatsment wh8n It exlsts. Mlsstat8ments can arls8 from fraud or error and are considered materlal If, indivldually or In the aggregate, they Could reasonably be expected to Influence the economlc decl8lon8 of u8er8 tsken ¢n the basls of these flnanclal statements. Irregularftias, Induding fraud, arè In3tanc8s of non4ompliance with laws and ragulations. We deslgn procedures in lin8 wlth our responsibilities, wtllned above, to detect material misststemenls in respect of irregularities. including fraud. The extent to which our pro¢e(lures are capable of detectlng Irregularitl8s, Including fraud Is detailed below: 14- THE ANGELOU CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF THE ANGELOU CENTRE Our approach to identifying and assessing the risks of material misstalemenl in ￿ spect of Irregularltles. Includlng fraud and non-compliance with laws and regulations, wa5 as follows,. the engagement p8rtner 8n8ured Ih8t Ihe engagement team collectively had the appropriate competen￿, capabilities and skills to identify or ￿Cognise non-compliance with applicable laws and regulation8' we Id8ntified the law8 and regulation8 applicab￿ to the company through discussions with directors and othar management, and from our commercial knowledge and experience of the sector.. V￿ focused on speclfic laws and regulatlons whlch we ¢onsid8red may have a dlrect material effect on th8 financial stalem8nls or the operatlons of the ￿rnpany, induding the Companies Acl 2006, Charities Act 2011, taxation leglslatlon, data protection. anti-bribery, employment, environmental and hèalth and safety legislation; we assessed the extent of compliance vthh the laws and regulations idenllfled above through maklng enquiries of management and inspecting legal correspondence,. and idontifièd laws and regulations were communicated within the audlt team r8gularly and the team remained alert to Instanc8s of non-com￿lanCe Ihroughout Ihe audit. We assessed the susceptibility of the company'¥ financlal statements to material mijstatement, induding obtaining en Understanding of how fraud might occur, by.. maklng enquides of man8gement as to where they consldered there was 8usceptlbility to fraud, their know18dge of actual, suspected and alleged fraud.. and • wnsiderlng the Internal contrals In place to mitlgate rl$k8 of fraud and non-compllance with laws and regulations. To address the risk of freud through management bias override of controls, we.. performed analytlcal procedures to identify any unusual or unexpected relationships. lested journal entri88 to identify unusual transactions,. • asse8sed whether judgements and assumptions made In determlnlng the 8ccountlng estimate8 were Indicatlve of potentlal bia8,' and Invesllg8ted the rationale behlnd any identffled Significant or unusual transaction8. In re8pon8e to the dsk of irregularltles and non-compliance with laws and regulation8, we designed proceduras vthich Includad. but were not limlted to.. agréeing financial statement disclosurès to underlylTh3 SUPPOrting documentation; enquiring of management as lo actual end potential liligation and claims., and reviewing Correspondence with HMRC. relevant regulators and the company'8 legal advlsors. There are Inherent limitations in audlt procedures described above. Tha more removed that laws and regulations are from financi81 transacllons, the less likely il Is that we would become aware of non-compliance. Auditing standards als0 limit the audit procedur88 requlred to Identify non-compliance with laws and regulations to enqulry of the dlrectors and other management and the inspecb'on of r8gulalory and legal correspondence, if any. Materlal rnls$latements that 8rise due to fraud can be harder to detect than Ihose that arise from error as they may involve deliberate concealment or collusion. 15- THE ANGELOU CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF THE ANGELOU CENTRE As part of an audit In accordanc8 th ISAS (UK). we exerci88 professlonal judgm￿1 and maintain professlonal scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financlal statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtsln audit evidence that is sufficient and appropriat8 to provide a basis for our opinion. The risk of not detecting a material misststement resulting from fraud is hlgher than for one resultiro from error, as fraud may involv8 coilusion, forgery, intentional oml$8lons, misrepresentallons, or the override of internal control. Obtain an understsnding of internal control relevanl to the audit in order to design audii procedures that are appropriate in the circum8tances, but not for the purpose of expresslng an opinion on the effectivere88 01 th8 internal control. Evaluate the appropriateness of acwunting policies us8d and the reasonableness of accounting estimates and related dlsclosures made by the trustées. Conclude on the approprlatenes5 of the trustees, use of the going ¢onGern basis of accountlng and, b8S8d on the audit evidence oblalned, whether a rnal8rial urKertainty exists f8tated to èvents or conditlons that mey cast signlficant doubt on the charity's ablllty to continua as a going Cc￿Cern. If we conclude that material uncertainty exists. We are required to draw attention In our auditor's report lo the relat&1 disclosures in the financial statements or, If such discl0f￿res are Inadequate, to modlty our opinion. Our conclusions are based on the audit evidence obtsined up to the date of our auditor's r8PQrt. However. future ev8nt8 or condits'ons may cause the cherlly to cease to continue as a going concern. Ev81uate the overall presentation, structure 8nd content of the financial statements, induding the disclosures, and whether the financlal statements repre8ent the undertylng transaclkins and events in manner that achieves falr presentstion. We communicate with those charged with governance regarding, among other matters, the planned scope and tlming of the 8udlt and significant audit findings, Includlng any signific8nt deficiencie8 In Internal control th8t we identlfy during our audit. A further descripti<)n of our responsibilities 18 av811able on the Flnanclal Reportlng Councll's V￿b$Ite at.. https'.11 vMw.frc.org.ukJauditorsrasponsibilities. This de8¢riptit)n forms part of our eudltofs report. Us• ol our r&port This report is 8018ly to the charitable ¢ornpanls members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audll work has been undertaken so that we might slate to the charitatle company's members those matters we ar8 required to state to th8m in an auditorf8 report and for no other purpose. To the full8St eknnt permitted by law, we do not accèpt or assumè responsibility lo anyone olher than the charitable company and the ch8rltable company's members as a body, for our audit work, for thls report, or for the opinions we have formed. Phlllp W Lamb FCA {8enlor Statutory Audltor) for and on behalf of Allen Sykes Audlt Llmltsd Chartered Accountants Statutory Audltor 5 Henson Close South Church Enterprise Park Bishop Auckland Co Durtiam DL14 6WA 16- THE ANGELOU CENTRE STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unr8Strfcted Restrlctsd funds fund6 2024 2024 Total Unrestrlctèd Restricted funds funds 2023 2023 Total 2024 2023 Notes Income from: Donations and legacies Charltable actlvlties Inv8Stment8 6,288 560,035 12,037 483,347 489,835 560,035 12.037 49,776 535,788 5,790 718,201 87 767,977 535,875 5,790 Total Income 578,360 483,347 1,061,707 591,354 718,288 1,309,642 Expondlture on: Charltable activitie8 774,437 519,413 1,293,850 752,641 899,752 1,452,393 Totsl expendlture 774,437 519.413 1,293,850 752,641 699.752 1,452,393 Net expendlturo (198,077) (36,068) (232,1431 (161,287) 18,536 (142,7511 Transfers befvleen funds 33,749 (33,749) 411,118 (411,118) Net rnovement In funds (162,3281 (89,81S> (232,143) 249,831 1392,582> (142,751) Reconclllatlon of fund8: Fund balances at 1 September 2023 680,036 271,868 951,904 430,205 664,450 1,094,85S Fund balances at 31 August 2024 517,708 202.053 719.761 880,038 271,868 951,904 The statement of financial activities includes all galns 8nd1088es reco9nised In the y8ar. All income and expenditure derive from continuing actlvities. 17- THEANGELOU CENTRE STATEMENT OF FINANCIAL POSITION ASAT31 AUGUST2024 2024 2023 as reststed Notss Fixed assets Tangible assets 14 217,502 234,304 Currerrt assets Debtors Investments Cash at bank and In hand 1B 16 69,068 250.591 224,048 98,814 323.402 350,961 543,707 773,177 Credltor8: amounts falllng duo wlthln one yaar 17 {41,448) (55,577) Not current a¥Sgt4 502,259 717,800 Total assets1•s8 currant Ilabllltles 719.781 951,904 Net a888t8 719,761 951,904 Tho funds of the charlty Restricted income funds Unrestricted funds 18 202,053 517,708 271,868 880,036 719,781 951.904 The financlal statements were apwoved by the tru8tee8 On . 25.oC.zS O Richardson Trustee Company reglstration number 02855091 (England and Vlale8) 18- THE ANGELOU CENTRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 as r•stat8d Cash flows from operatlng actlvltl88 Cash absorbed by operations (211,7811 (79.129) Investlng actlvltles Purchase of tangible fixed assets Investment income recelved (8,280) 5,790 12,037 N•t cash g•nerated froml{u86d In) Inv•stlng actlvltlos 12,037 (2,490) Net cash u88d In flnanclng actlvttle8 N•t d￿reasO In cash and cash oqulvalents (199,724) (81,8191 Cash and cash equivalents at beglnning of year 674,383 755,982 Ca8h and ca8h equlvalents al end of year 474,639 674,363 Relatlng to: Cash al bank and In hand Short temi depo8lt8 included In current a8sel investments 224,048 350,961 250,591 323,402 19- THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcle$ Charlty Informatlon The Angelou Centre is a private company limlted by guarantee incorporated in EnglarKI and Wales. The registered office is 17 Brighton Grove. Fenham, Newcastje Upon Tyne, NE4 SNS. 1.1 AGcounllng conventlon Th8 financial Statements have been prepared in accordance with th8 charitys Igoverning dcKument], the Companies Act 2006, FRS 102 'The Financial Reportlng St8ndard applicable in the UK and Republlc of Ireland. (°FRS 102.) and the Ch8ritie8 SORP 'AcCc￿nt1ng and Reportlng by Charities: Ststement of Recommended Pr8Ctlce aprAicable to charities preparing their accounts In accordance with the Financial Reporting Standard ap￿ICable in the UK and Repul￿1¢ of Ireland (FRS 102)" (effective l January 2019). The charity is a Publlc Benefit Entity as d8finad by FRS 102. The flnanclal statements are prepared in sterllng, which is the functional currency of the charlty. Moretary amounts In these finandal 8tatement8 are rounded to the nearest £. The financial 3tstements have been prepared under the hlstorlcal c08t convention, [modified to Include the revaluation of freehold properties and to Include inv8slmenl propertles arKI certaln financial instrLments at falr valuel. The principal accountlng policies adopted are Set out below. 1.2 Golng concern At the time of approving the fin8ncial Statements, the trustees have a reasonable expectation thal the ch8rity has adequate resources to continue in OFerats'onal exlstence for the foreseeable futur8. Thus t￿ trLStees contlnue to adopt th8 going concern basis of accounting in prep8rlng the financial statements. 1.3 Charllable fund8 Unrestricted fijnds are avallable for u80 at the dlscretion Df the tru8tee8 in futherance of thelr charltabla objective8. Reslrfcted fund$ are subject to speclfic conditions by donors or grantors as to how they may be used. Th8 purpDses and uses of the re8tricted funds are set out In the notes to the flnanclal 8iatament$. Endov4fjTrent funds are subject to specific condltlons by donors that the capltal must be maintained by the charity. 1.4 Income Income is recognised when the charty is legally entitled to it after any perforniance corlditlons hava bèen me( the amounts can be measured reliably. arKI It is Probable that income will be received. Cash donaUons are recognised on recelpt Other donations are recognlsed once the charlty has bean notrfi•J of the donation, unless performance conditions require deferral of the amount. IrKome tsx recoverable In relation to donations received under GiftAid or deeds of covenant is re¢cgnised at the tirne of ￿e donatlon. Legacies are recogni8ed on receipt or othernise If the charity has been notlfied of an impending distributlon. th8 amount is known, and receipt 18 expected. If the amount is not known, the legacy 18 treated as contingent asset. THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcles (Contlnued) 1.5 Expendfture Expenditure Is recognised once there is a legal or constructive obligation to transfer ec(￿omIC benefit to third paty. It is probable that a transfer of e￿nOMiC beneffts will be required in settlement. and the amount of the obllgallon can be m8a8ured reliabty. Expendrture is classified by activity. The costs of each activlty are made up of the total of dIr￿t cost8 and shared costs. including 8UPPOrt costs involved in undertaking each activity. Direct costs attrlbutabla to a single activity ar8 allocated directly to thet actlvity. Shared costs vthich contribute to more than one activity and 8UPPQrt cost8 vthich ara not attributable to a single activity are apportioned bebween those actlvities on a basls conslstent w6th tho u86 of rg8ources. Cenlral staff costs are allocated on the basis of tim6 spent, and depreclation charge8 8re allocated on the portion of the asset's use. 1.6 Tanglbl• flxed a88ets Tangible fixed assets are Inltlally measured at cost and subsèquently measured at C08t or valuatlon, net of depreciation and any Impalrment lossès. Dapreciab"on18 recognised so as to V4Tbte off the cost or Valua￿On of assets le88 thelr re8ldual values over thelr uBelul Ilves on the following bases.. Freehold property Fixture8, fitting8 & equlpment 2% stralghl line 200A reduclng balance & 33% straight Ilne The galn or loss arfslng on th8 dlBPO8al of an a8s8t is detemiined as the dlfference behveen the sale proce8dJ and the carying value of the assat. and is recognised in the ststement of financial activities. 1.7 Impalrment of Ilxed a8set8 At each reporting end date, the charlty revlews the carrylng amounts Df its tangible assets to determlne whether there 18 8ny indication that those asset8 have suffered an Impainnent 1058. If any such Indicatlon exists, the reGoverable amounl of tha 4668t 1$ estimated in order to detemin6 the extent of tho impoirment 1088 {ff any). 1.8 Cash and cash equlvalents Cash and cash equiv818nts include cash in hand, deposits held at call wlth banks, other short-term liquid investm8nts wlth original maturrtles of three months or less, and bank overdrafts. Bank overdrafts are shovm within borrowlng8 In currenl Ilabllltles. 1.9 Flnanclal Instruments The charity has elected to apply the provislons of SectirA1 11 'Ba81c Financial Instruments. arKI Section 12 'Olher Flnanclal Instruments Is8u88' of FRS 102 to all of tts financial instruments. Financial Instruments are recognised In the charfty's balance sheet when the charity become8 party to the contractual provisions of the instrument. Flnancial assets and liabilities are offset, with the n8t amounts presentad In the financial statements, when there is a legally enforceable right to set off the recognised amounts arKI there Is an Inlention t0 Settle on a net basls or to reallse the asset and settle the liability simultsneously. Basic financial assets Basic finanoal ass8ts. which indude debtors and cash and bank balances, are initially measured at transaction price Indudlng transaction costs and are subsequently carrled at amortised cost using th8 effective Interest method unless Ihe arrangement constitutes a finandng transaction. Vthe￿ the transaction 1$ measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classlfled a5 receNable within one year are not amortised. 21 THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Ac¢ountlng pollcle8 {Contlnued) Basic finanelal Ilabllltlas Basic financial liabilities, including creditors and bank loans are inits'ally recognlsed at transaction price unless the arrangement constitutes a financlng transaction, wtrere the debt Ir￿trUment is measured at the present value of the future payments discounted at a market rate of interest. Flnanclal liabilities classrfied as payat4e within one year ale not amcrtlsed. Debt instruments are subSequen￿Y carried at amortlsed cos( using the effective interest rate method. Trade credltors are obllgatlons to pay for goods or servlc88 that have been acquired in the ordlnary course of operallons from suppliers. Amounts payabl8 are dassified as current Ilabllltles if payment is due within one year or less. If not, thèy are presented a8 non-current Ilabllities. Trade creditors are recognised Initially at tran8actlon prlco and subsequenlly moasur•d at 8morti8ed cost using the effective Interest method. D•ro¢ognltlon of ftnanclal Ilabllltles Flnanclal Ilabllit165 are derecogniged ￿On the ¢h8rity'8 contractual obllgatlon8 explre or are discharged or cancelled, 1.10 Employee benoflts The cost of any unused hollday entltlemenl is recognised in the pericmj in which the &mployee'8 services are recelved. Temination benefits are recognlsed Immedlately as an expènse vthen the charity 18 demonstrably commltted to terminate the employrnent of an employ88 or to provlde tennlnallon beneffits. Crltkal accountlng 08tlmates and Judgemen18 In the application of the charity's 8ccountin9 policies, the trustees are r8qulred to make Judgements, estimates and assurnplions 8bout the carrying amount ol assets and liabilities that are not readily apparent from other Sources. The estimates and asBoclated assumptions are based on historical exp8rten¢e arKI other faciors that are consldered to be relevant. Aclual resutt¥ rnay differ from the8e estimates. The astlmates and underlying 88sumption8 are revi8wed on an ongolng basS8. Revisions to accountlng estlmate8 are recognl8ad in the perlod In v4hich the estimate 18 revised where the revision affects cnly that perlod. or in the perlod of the revlsion and futur8 perlods where the revi8lon aff8cts both current and future periods. Company Llmlted by Guaranto0 The Angelou Centre is 8 company limlted by guarantee and accordlngly does not have any share capltal. Every member of the charitable company uThJertakes to contribute such amtyjnt as may be required, Tr)t exceeding £1, to the assets of the charilable company in the event of its being wound up vthile he or she Is member, or wllhln one year after he or she ceases to be a mernber. At 31 August 2024 the compary had 5 members (2023 - 7 members). THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Income from donations and legacles Unrostrlcted Restrlcted funds fvnds 2024 2024 Total Unrnstrlctsd R¢strkted funds funds 2023 2023 Total 2024 2023 Donations and gift8 Grants receivable 8,288 1,208 482,141 7.494 482,141 6,778 43,000 1,072 717,129 7.848 760,129 6,288 483,347 489,635 49.776 718,201 767,977 Grants r8c•lvabl• for cor• actlvltle• Coutts Bank Foundation MOJ DAISV Communty Fund NLCF Changing Llves PCC Supporting Victim8 Fund PCC ISVAIIDVA The Global Fund Foundation CAF Re811ience Fund IMIG4AN PCC PVSC CADA Virgin Money Oak Foundation Cost of Living NE Combined Authorlty Enterprise othor 4,000 4,000 40,000 4,000 44,000 51,000 18,803 51.1)00 18,803 76,500 40,808 76,500 40,808 72,358 38,793 72,358 38,793 76,000 36,792 78,000 38,792 200,000 78,031 28.471 86,845 15,000 200,000 78,031 28.471 86,845 15.000 66,970 86,970 95.296 74,976 95,296 74.976 37,253 24,692 37,253 24,692 3,000 94,682 97,882 482,141 482,141 43,000 717,129 780,129 Income from charltable actlvltles Unrestrlcied Rpstrlcted funds funds 2024 2024 Total Unrestrl¢ted Restricted funds funds 2023 2023 Total 2024 2023 Tralning LAIHB Ubele The Phoenix Way Consultancy Other income 1,194 549,908 1,194 549,908 10.673 522.651 1.118 1,175 171 10,673 522,851 1.118 1.175 258 1.645 7,288 1,645 7,288 87 580,035 560.035 635,788 87 535,875 -23- THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Incom• from investnKJnts Unrestrlcted Unrestricted funds funds 2024 2023 Bank interest receivable 12,037 5,790 -24- THEANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Expendlture on charitable aetivltlès Support Sérvices 2024 Support Servlces 2023 Ixrect C08ts Stsff costs General Fund IJJHB ROSA Fund - V*)men Thrive IMKAAN - Margin to the Centre PCCIMOJ ISVAIIVDA MOJ DAISV Communlty Fund PCC Supporting Victims Fund PCC PVSC CADA Tha Phoenix Vitsy NTCA Youth Employment NLCF - Changing Uve8 Comk Relief Projects IMKAAN forAcllvltles VONNE Going G￿en Together PCC ISVNJIDVA Training Oak Foundation CAF Rasil'ence Fund PCC CADA Other Small Project8 Premlses Costs Offlce C08ts Project Costs 601,254 299,498 359,075 10,139 19.824 60,495 65,908 108,305 59,432 30,580 24,810 31.190 10,884 9,909 4,590 7,940 54,164 158,075 10,792 32,715 228,664 17,842 194.416 1,042,178 1,358,325 Sharn of 8UPPOrt and governanco c08t8 (808 note 8) Support Govemance 241,834 9,840 85,688 8,400 1.293,850 1,452,393 Analysls by fund Unrestricted funds Restricted funds 774,437 519,413 752,841 699,752 1,293,850 1,452,393 -25- THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 AUGUST 2024 Support costs allocat8d to actlvltie8 2024 2023 staff ¢03ts Depreciation AccDuntancy fees Insurence Legal & profession81 fees Organl88tional development Premi8e8 C08ts Office Costs Other costs Governance costs 110,842 16,802 26,291 14,797 28,358 3,331 25,162 14,020 19,165 25,252 40,375 3.107 9,840 8,400 251,674 94,088 Analysed botW8•n: Support Services 251,674 94,068 Net mov•mont In fund8 2024 2023 The net movemenl in funds is stated after tharglngl(creditr'ng)'. Fees payable for the audlt of the charity's financlal 8tatèment8 Deprec18tlon of owned tangible flxed assets Loss on disposal of tangible fixed assets 9,840 18,802 8,400 13,208 1.589 10 Audltorfs rémuneratlon Fee8 P8yable t¢ the charty'g audltor and assoclates.. 2024 2023 For audlt 8arvlces Audit of the financial statements of the charty 9,840 8,400 11 Tru8tO08 None of the trustee8 (or any persons connected with them) receiv8d any remuneratson or benefits from the charity during the year. 28- THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 12 Employees The average monthly number of employees durlng the year vms: 2024 Number 2023 Numb8r CharitableActiviti88 Management & 8dminlstr8ts.on 25 28 Totsl 28 32 Employment costs 2024 2023 Wages and Salaries Social securlty costs Other pen8iM COSt8 624,443 48.21x8 31,870 753,381 44,270 64,708 704,519 862.359 The numter of employe88 whosè annual remuneration wa8 more than £60.000 18 a8 follows: 2024 Numbar 2023 Number £60,000 to £69,999 Remungratlon of key manauem•nt pgrnonn81 The remuneratlon of key man8gem8nt personnel was as follows: 2024 2023 Aggrtyate compensation 58,040 130,050 13 Taxatlon The charlty Is exempt from taxation on its athvlties becausé all ts income is applied for charltable purposes. -27- THEANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 14 Tanglble flxéd assets Frn•hold prowty FlxturM. Iltllngs & •qulpment Tt)tal Cost At 1 September 2023 250.321 65,683 315,984 At 31 August 2024 250,321 85,663 315,984 Dapreclatlon and Impalrm•nt At 1 September 2023 Derxeclallon charged in the year 50,050 5,OC 31,630 11,796 81,680 16,802 At 31 August 2024 55,OS6 43,426 98.482 C•rrylng amount At 31 August 2024 195,285 22,237 217.502 At 31 August 2023 200,271 34,033 234.304 15 Debto 2024 2023 Amounts falllng duo wlthln one year: Trade debtor8 Other debtor8 Prepayments and accrued income 21,779 3,472 43,817 11,316 1,401 88,097 69,068 98,814 16 Currnnt a88et Investm•nt8 2024 2023 as rnsiated Flagstone Investments 250,591 323,402 17 Credltors: amounts falllng due wlthln one yoar 2024 2023 Olher taxation and so¢lal security Trade creditors other creditors Accruals and deferred Incomo 11,373 10,602 8,853 10.620 14,209 27,104 5.264 9,000 41,448 55,577 -28- THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 18 Restrlcted funds The restrfcted funds of the d)arity compris8 the unexpended balances of donations and grants held on trust subject to specffic conditions by donors as to how they may be used. At1 September 2023 Incomlng resovrces Resources expended Transfern Galns and At 31 August 2024 PCCIMOJ ISVAI r￿DA PCC Supp)rting Vlctlms Fund Domestic fjolence Survlvor8 Natlonal Lottery - Changing Lives Lottary Heritage Fund Oak Foundatton MOJ DAISV Community Fund pcc pvsc CADA VONNE Going Green Together The Ph￿niX Way Cost of Living NE Combined Authority Enterprise ASEP Agbero Roadshow Peer Research Gateshead 2,350 36.793 (34.931) (1.862) 2,350 5,836 72.358 (68,514) 9,680 55,798 14,449 (32,845) 37,402 3,729 18,803 {13,842) (8,890) 2,261 5,298 (2,261) {45,122) 95,298 {4,7501 50,722 4,250 51,000 {48,5241 (4,476} 4,250 5,580 66,970 (84,9721 (2,000) 5,578 (500) 500 187,266 (88,591) (74,976) (12,242) 88,433 74,976 37,253 10,649 (31,262) (13,446) {2,099) 2,797 3,892 2,000 (1,573) (427) 2.300 (554) 1,746 271.868 483,347 (519,413) (33,749) 202,053 -29- THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 18 Restrlcted funds (Continuod) Previous year: At1 September 2022 Incoming resources Resourcas exponded Transfers Galns and At 31 August 108se$ 2023 PCCIMOJ ISV IVDA PCC Supportlng Mctims Fund IMKA4N Margin to the Centre Domestic IAolenc SuFvivors No Recourse to Fund Arts CAF Resillence Fund LAIHB PCC CADA Tuw8Z8she (FORWARD) Glrl8 Speak Good Things Foundation NTCA Youth Employment Natlonal Lottèry Changing Llves Lottery Herltage Fund Comlc Rellef Change Makers Comlc Relief Rise Project ROSA- VVom8n Thrlve Oak Foundation Communily Cycle Club MOJ DAISV Cornmunity Fund pcc pvsc CAOA VONNE Going Green Togèther IMWN- Activitie8 PCC ISVAJIDVA Training The Phoenlx 30,763 38,792 (80,495) (4,710) 2,350 38,141 76,000 <108,305) 5,838 3,093 18,582 (19,824) (1.831) 38,000 33,299 (24,338) 8,837 55,798 8,337 (8,337) 94,177 355,612 78,030 (158,075) <14,132) (355,612) 10,792 (10,792) 1.232 700 (1,232) (700) 1.870 1.270 (2,9401 23,998 5,953 (24,810) (5,141) 4,032 40,808 (31,190) (9,9211 3,729 4,421 (2,1601 2,261 (2,082) 12,494 {10,864) 452 110,964) 10,984 120) 10,889 64,004 (10,139) (54,164) {7501 (4,5421 5,298 427 2,150 (2,5771 76,500 (65,908) (8,3421 4,250 66,845 (59,432) (1.833) 5,580 4,500 (4,590) (410) (5001 9,909 (9.K19) 8,400 17,940) {460} 225,000 (30,580) (7,154) 187,266 THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 18 Restrfcted funds {Contlnu¢d) 664,450 718.288 (699.752) (411,118} 271,868 Purp088 of r•slrlcted funds PCCIMOJ ISVAJIDVA - To support black and mlnoritised v￿rnen survivors of dometh'c abuse and sexual vlolence; PCC Supporbng Victims Fund - Ta fund advocacy and 8UPPOrt to women fleeing domestic violence., IMKAAN Margin to tha Centre - To fund r8sid8ntials and trip8 for women and children survivors of domestic and sexual violence., Domestic Violence Subvivors - To fund accommodation, sustenance and actlvlties for survlvors of vlolence in hard8hlp especially those with no recourse to public fiJnd8," Na Recourse to Fund Arts . To provide activities for woman wlth no recourse to public funds. CAF Reslllencé Fund - To fund holistic 88rvices, trainlng and skills development, health and wellbeing group8 and activities and therapeutlc coungalllng In addition to Inclusivè groups and activities for elders and young women,. L4JHB - Local Authority Houslng Benefit Claims: PCC CADA- To fijnd servlces for children and young suryivors ol domestlc 8bu$e,' Tuwezeshe (FORWARD) - To deliver a 80¢ial action project for young women., Glrts Speak- To lund a consultsncy M alliance f¢x women and g1rf8 at rlsk., Good Things F0UTrJati￿ - To furKJ purchase of digltal gadgets, SIM cards & women's engagement to Improve digltal skills., NTCA Youth Employment - To fund tralning and skills development for 18-25 year olds., National Lottery - Changing LIV88 - To support women experiencing Sexual exploit8lk)n and sexual abuse; Lottery Herilage Fund - To fund a network and activities for black and mInOr￿ls&d women'8 groups across the North East: Comic Rallef Change Makers - To fund campaigning re No Recourse to Public Funds and the added Joclal value provlded by black-led organisations., Comlc Rellef Rise Prolect- To deliver ser4ka8 and 8UPPOrt to migrant women experlencing dom88tlc vlolence. ROSA - Women Thrive - To provide support to women for developing tools and gkllls for resilience, Self confid8nce and managlng health., Oak Foundatson - To redre88 Ineffedlve risk ass888ments for black and mlnorltlsed 8uMvors of VAWG. Comrnunity Cycle Club - To fund weekly bicycle rides for women and tralnlng for cyding champlons,. MOJ DAJSV Communlty FurKI - Ta fund advocacy and support for black and minorltised children vla KIDVA and therapeullc play work., PCC PVSC CADA- To fund servlces for children and young Survivors of domestic abu88 including Ih8rapeutic 8UPPOrt', VONNE Going Green Together - Funding for black and minoritl8ed women to co4eslgn a dlmate action project: IMKAAN Activilies - To further fund work with survivors of domeslic and saxual violence; PCC ISVA IDVA Training - To fund staff obtalning IDVA qualifiCa￿On9' The Pho8nlx IP¥*- To establish and develop The Phoenix Way project In the North East and Cumbria; Cost of Living - To fund accommodation, $ubsi8tenc£, resources and activities for survivors of domestic abuse in hardship., NE Combined Authority Enterprf$e - To support economlcally Inactive women into tralnlng ar¢d employment., ASEP - To support black and 18cialised fernale survivors of sexual abuse and violence; Agbero Roashow- To fund the hosting of an event., Peer Research Gateshead - To fund the costs for young survivors to becom6 péar researchers. 31 THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 19 Unrestricted fvnds The unrestrlcted funds of the charity comprise the unexpended balan￿S of donatv)ns and grants which are not Subj￿ to speclfic conditions by d￿or6 and grantors as to how they may be used. These indude designated funds whlch have been set aside out of unrestricted funds by the trustees for specific purpose8. Incomlng rebou￿e$ Resourceg exponded September 2023 Transfer8 At 31 August 2024 General funds 680,036 578,380 (774,437) 33,749 517,708 Prnvlous yéar: InGomlng R•sources resourc•s expendod 8eptembor 2022 Transf8r8 Al 31 August 2023 General funds 430,205 591,354 (752,641) 411,118 680,036 20 Analy818 of net a888ts between lund8 Unrn8trlcted funds 2024 Restrlcted fund8 2024 Totsl 2024 At 31 August 2024: Tangible assets Current assetsl(Ilabilities) 217,502 300,206 217,502 502.259 202,053 517,708 202,053 719,781 Unro8trl¢tOd funds 2023 Restrlcted funds 2023 2023 At 31 August 2023: Tanglbl8 assets Current assetsl(liabilits'e8) 234,304 445,732 234,304 717,6C#J 271.868 680,036 271.868 951,904 -32- THE ANGELOU CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 21 Oporatlng laasè commitiiients Le38oe At the reFqJtlng end date the charity had outStandlng commltsnents lor future minimum lease payments under non-cancellable opeiatiNJ leases, which fall due as follows.. 2024 2023 thin one year Betwe8n bNo and five years 56,371 5.900 53,112 8,045 62,271 61,157 22 Ralated party transactlons There were no disclosable related paty transadlons durlng the year (2023 - none). 23 Prlor perlod adJu81ment A prlor year adjustrnent has been made to recla8sIfy bank balan¢es held on deposlt wth an access ￿rIOd of le88 than 90 days totalling £82.649 as bank and cash rather than current asset investments. This adjustment Is presentatlonol and has no gffect on retained eoming6 brought forward. Reconclllatlon of changM In qqulty The prior period adjustments do not glve rlse to any effect upon equity. 24 Cash generat•d from op•ratlong 2024 2023 Deficit for the year (232,143) (142,751) Adjustments for.. Investment Income recognised In statement of financial activities (Gainylo¥s on dlsposal of tangible fixed assets Depreciation and Impairnient of tangible fixed a8set8 <12,0371 (5.790) 1,589 13,208 16,802 Movements in v￿rking ¢apital-. Decrease in debtors (Decreaseylncr8a8e in (xethiors 29,748 (14.129) 34,933 19,682 Ca8h absorbed by oporatlons <211.761) (79.129) 25 Analys18 of Changes In net funds Thè charity had Th) material debt during the year