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2022-07-31-accounts

J EW I S H WO M E N ’ S A I D

A Company Limited by Guarantee

REPORT AND FINANCIAL STATEMENTS

Year Ended 31st July 2022

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LEGAL AND ADMINISTRATIVE INFORMATION

TRUSTEES

Caroline Ratner – Chair Jo Rosenthal – Treasurer Gabrielle Adlestone Joanna Benarroch

Kate Daniels

Judith Flacks

Tamara Moss Laura Rosefield

Anna Turner – appointed 26 January 2023 Aliza Weinstein

Debby Amias – appointed 20 April 2023 Catherine Becker – appointed 20 April 2023 Rachel Jaysan – appointed 20 April 2023 – Madeleine Abramson resigned 26 January 2023 Rebecca Simon – resigned 7 July 2022

CHIEF EXECUTIVE

Naomi Dickson - resigned 28 December 2022

Charity number 1047045

Company number 3024499

Principal address

PO Box 65550, London, N3 9EG

Registered office

35 Ballards Lane, London, N3 1XW

Independent auditors

BKL Audit LLP 35 Ballards Lane, London, N3 1XW

Bankers

CAF Bank Limited, Kings Hill West Malling, Kent, ME19 4T

TRUSTEES’ REPORT INDEPENDENT AUDITORS’ REPORT ACTIVITIES BALANCE SHEET CASH FLOW NOTES TO THE ACCOUNTS

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INDEPENDENT AUDITORS’ REPORT 25

STATEMENT OF FINANCIAL ACTIVITIES 32

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34

35-51

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2

Jewish Women’s Aid continued to provide core services throughout the Covid-19 pandemic and re-introduced face-to-face meetings with clients as the pandemic eased.

We provided

2,228

counselling sessions to women and supported over 676 women and girls through our advocacy and therapeutic support teams.

We delivered

414

1-2-1 sessions to 35 children who had been exposed to domestic abuse.

We received

376

calls/messages via the free domestic abuse helpline and webchat services.

We reached over

3,111

HIGHLIGHTS OF THE YEAR

young people with 125 healthy relationships and consent education sessions and delivered 27 talks and training sessions to 899 adults across the community.

Jewish Women’s Aid is run by a professional 25 and 150 dedicated volunteers. staff team of

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TRUSTEES’ REPORT

The Trustees present their annual report together with the audited financial statements of the Charity for the year ended 31 July 2022.

OUR OBJECTIVES AND ACTIVITIES

VISION AND MISSION

The Annual Report serves the purposes of both a Trustees’ report and a directors’ report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company’s governing document and the provisions of the Statement of Recommended Practice (SORP) 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.

JWA’s vision is of a world where women and girls live their lives free from all forms of VAWG (violence against women and girls).

The purpose of Jewish Women’s Aid (JWA) is the support and empowerment of Jewish women and girls who are experiencing sexual and domestic violence, in a culturally sensitive way.

Jewish Women’s Aid’s aims are:

The Trustees review the aims, objectives and activities of JWA regularly. This report looks at what JWA has achieved and the outcomes of its work in the reporting period. The Trustees report the success of each key activity against measurable targets. All the work is undertaken against a background of strongly held values.

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (strategic Report and Directors’ Report) Regulations 2013 has been omitted.

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• Freephone domestic and sexual violence helplines and webchat via our website, to enable women to contact us confidentially in a way that best suits them.

SERVICES

2021-22 saw the country emerging slowly from the COVID 19 pandemic and we adapted our services accordingly. Jewish Women’s Aid provides:

• A flexible counselling service for women with a choice of how they would like to access this service, either face-to-face in our London or Manchester offices or via telephone or video link, reaching women across the UK.

CHARITY PUBLIC BENEFIT KEY PERFORMANCE GOVERNANCE CODE STATEMENT INDICATORS

Client Services - numerical

The Trustees have regard for the Charity Governance Code. The Board has reviewed each of the seven principles of effective governance and assessed the charity against recommended practice. These principles will continue to be considered by the Trustees to maintain high standards of governance.

The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities. In particular, the Trustees consider how the planned activities will contribute to the aims and objectives that have been set.

targets are assessed regarding the number of women entering the service and receiving support as well as client feedback.

Outreach and Prevention – metrics include the number of institutions and the number of attendees reached together with feedback from the participants. Business Services - social media interactions and features in both online and offline media; fundraising, number of supporters, nurturing donors and obtaining multi-year commitments.

• Training and Educational programmes in schools, universities and youth settings, aimed at promoting a culture of consent and teaching about healthy relationships.

• Training and educational programmes in synagogues and other community settings to promote understanding of domestic and sexual abuse, including events such as JWA Shabbat.

We work closely with other domestic abuse agencies across the sector and model best practice. We meet the Women’s Aid Quality Standards and work with other organisations across and beyond the Jewish community.

We are proud that our services are provided by a skilled professional team which has sector qualifications, models best practice in its field and participates in ongoing training. This team is supported by a dedicated and well-run team of volunteers.

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ACHIEVEMENTS & ACTIVITIES

CLIENT SERVICES

Jewish Women’s Aid continues its core work of supporting Jewish women and girls and their children, with a holistic and high-quality domestic abuse and sexual violence support service. Outreach and prevention activities are undertaken with the objective of preventing violence against women and girls through increased awareness and understanding across the community.

In May 2022, a restructuring of senior management was implemented with directors of Client Services, Outreach and Prevention & Business Services all reporting to the CEO. Each director line-manages several staff within their department. The directors conduct regular supervision and appraisals for all staff members and maintain staff support and professional development at the heart of their work.

Our free Helpline and Webchat services continues to be the first point of contact for many of our service users and is staffed by over 40 volunteers who are supported and trained regularly by JWA’s volunteer manager. In the year to July 2022 the helplines received 376 calls and chats, equivalent to nearly two contacts every day that the services are open (Monday to Thursday). These avenues of support are a core feature of what we offer Jewish women and girls: a confidential space to tell us what is happening to them and be heard.

Our team of 16 qualified counsellors provided counselling sessions to Jewish women across the UK either in-person, by telephone or video and supported 127 women over the year. All our counsellors are given regular training and supervision and comply with good practice guidelines.

Over the year, our advocacy and therapeutic support teams helped 676 women and girls. This service receives funding from various statutory sources including MOPAC (Mayor’s Office for Policing and Crime), Ministry of Justice and London Councils.

Our professional staff team continues to offer a wide range of services to each woman who reaches out to us, including counselling, children’s therapy, safety planning, risk reduction, emotional support, legal options, benefits and advice.

Our support for young women continued and is funded by MOPAC (Mayor’s Office for Policing and Crime). We supported 51 women and girls aged 14-30, many of whom were helped by our specialist Young Women’s Advocate and counsellor. This is an area of growth for JWA, enabling us to tailor support to younger women and girls who need help for a variety of issues such as sexual violence, stalking and intimate image abuse.

Our specialist children’s service saw our three children’s therapists deliver 414 one-to-one sessions to 35 children. The children in this service have experienced significant trauma through their exposure to domestic abuse in the home, and these weekly sessions are crucial in their recovery process.

Our McKenzie Friend programme continues to lend legal support and this year meant that 13 women were accompanied in the family court for moral and practical support – this is essential given the traumatic experience that court can be for a woman who has experienced domestic abuse.

The Director of Client Services attends the practice meetings for Ascent, Ascent Advice PLUS and CouRAGEous, the quarterly Barnet review meetings, Barnet MARAC (Multi-agency Risk Assessment Conference) Steering Group as well as representing JWA at Imkaan and LVAWGC (London Violence Against Women and Girls Consortium) meetings.

The staff attend a broad range of meetings across the breadth of the community and sector to drive referrals. Our ISVA has given presentations to the police and to domestic abuse services. Our Senior IDVA (Independent Domestic Violence Advisor) trained the rabbinic team at the Federation of Synagogues on recognising and understanding domestic abuse and how to refer to our service as well as presenting to the United Synagogue’s Marriage Enhancement Programme.

JWA’s Designated Safeguarding & Child Protection Officer and Deputy ensure that reporting continues to work well and highlights safeguarding concerns as soon as they arise, enabling early interventions.

Our ISVA team supports an increasing number of women. The service has supported 12 cases, some of whom are going through the criminal justice system. The ISVA attends the quarterly ISVA Forum hosted by the Metropolitan Police. This service has received funding from Comic Relief.

As the cost-of-living crisis unfolds, we are fully committed to meet the inevitable increased need from our community, with support from our generous donors.

We worked with 25 women and girls through our sexual violence service where they received specialist counselling and advocacy, helping them work through trauma and navigate their options for criminal justice should they choose this route.

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OUTREACH & PREVENTION SERVICES

Since the creation of the Outreach & Prevention Directorate in May, work has commenced to bring the various outreach activities across the organisation into alignment and to develop a cohesive strategy with clear objectives and KPIs. We have continued to generate a more open discussion about abuse in our community, shift attitudes about a taboo subject and build a culture that is supportive of and safe for women.

The team launched our refreshed curriculum and continued providing prevention education across youth settings in the Jewish community to promote healthy relationships and help build a culture of consent. We delivered 125 age-appropriate workshops and assemblies to 3,111 young people in 14 schools in London and Manchester. The main topics featured are healthy relationships, identifying red flags in relationships, power dynamics, consent, social and cultural influences, signs of abuse, empathy, communication skills, bystander skills, peer pressure, expectations of relationships, gender stereotypes, image based sexual abuse (IBSA), sexual violence, including sexual harassment and rape culture.

The Schools Manager developed new outline sessions aimed at teachers, parents and student ambassadors, as part of a Whole School Approach for prevention, which will engage multiple stakeholder groups within schools.

Over the academic year, we have provided training to 404 youth leaders/professionals in 25 sessions covering similar topics to those in schools but with a focus on how to create safer settings as leaders. A particular highlight was training 143 youth leaders to prepare them for residential events involving several thousand young Jewish people over the summer. A further 7 educational engagements reached 164 university students and other young people.

In the wider community , we delivered 27 talks and training sessions to 899 attendees in a wide range of settings, including synagogues, religious courts and with Jewish organisations with reach into the community. JWA was also represented at multiple stakeholder events such as sector and community events, panels and workshops.

To align with our annual cross-communal awareness-raising Shabbat in November 2021, we created a Community Toolkit with a wide range of educational resources, freely available on our website. The toolkit was visited 1,400 times in the campaign period and dozens of communities took part in the event, along with a surge of engagement on our social media channels.

We redesigned our awareness poster which tells women about the services we offer and provides our contact details for confidential support. In January and February, 4,000 posters were printed and mailed out to over 800 community venues across the UK, including over 200 synagogues, as well as schools and nurseries, ritual baths, dentists, GPs and hospitals, kosher shops and restaurants and Jewish organisations. We worked with colleagues in Manchester, as well as community leaders in Leeds, to ensure coverage outside London.

In June, JWA had a stall at the Maccabi Fun Run to raise awareness of our services and distribute leaflets about domestic abuse.

The JWA workplace sexual harassment prevention programme has provided training to Mitzvah Day, Tzedek, CST, Kisharon and Langdon, to support them in preventing and responding to sexual harassment in the workplace. The programme comprises a staff survey, training with senior leaders and support with developing policies and procedures and receives funding from the Jewish Leadership Council.

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BUSINESS SERVICES

The Business Services Director reviewed all processes and made a number of improvements to our systems and processes across finance, fundraising and HR.

Our fundraising team continued to develop new streams of income including reaching out to new potential trusts and grant givers as well as developing relationships with individual existing donors with the aim of achieving more multi-year commitments.

A successful match funding campaign took place in March 2022 with the platform Charity Extra. The campaign raised £725,000.

Several of our supporters raised money for JWA through challenge events and by asking friends and family to donate in celebration of a birthday or anniversary.

JWA was featured in online and offline media pieces and had 41 articles featured in all the main Jewish newspapers covering all aspects of our work.

A social media strategy has been put in place so that the JWA reach is growing over a variety of platforms and by building relationships with organisations and individuals to raise our profile.

Over the course of the year our social media interactions have grown across all platforms. We have gained followers, some of whom have public profiles and sharing of our posts has increased.

Newsletters are sent regularly to all stakeholders informing them and updating of JWA news.

Our CEO has promoted a culture of continuous professional development among staff members, who are encouraged to learn through training and teaching during the year.

CEO

Our previous Chief Executive Naomi Dickson continued to play an active role in consulting directly with the Home Office and a cross-party group of peers about the issue of Jewish divorce in relation to the Domestic Abuse Act 2021. Naomi worked as part of the Faith and VAWG Coalition to advise the government on a definition of faith-based abuse, which is included in the Statutory Guidance to the Act.

Naomi continued to benchmark and stay updated across the sector via Women’s Aid, advising on Women’s Aid Quality Assessment Panels, sector calls and the London VAWG network and raised the profile of the organisation significantly across multiple platforms.

After eight years as CEO Naomi Dickson left JWA in December 2022. During her tenure JWA’s profile within and beyond the community vastly improved and there has been a shift in attitudes towards domestic abuse. This was largely due to Naomi’s consistent outreach, publicity, efforts and involvement in the sector and contribution to legislative changes. JWA is well respected across domestic violence sector organisations, within the charity sector and in the political sphere. Naomi has used this platform to achieve systemic change. The Trustees and staff of JWA would like to thank Naomi for everything she has done for the organisation and wish her well for the future.

A recent landmark development was the inclusion of faith-based abuse as part of the definition of domestic abuse in the Statutory Guidance to the Domestic Abuse Act 2021. For the women we support, this means that faith-based abuse and coercion, including Gett refusal, are acknowledged in court and can be treated as part of criminal proceedings – a game changer for many, not only in the legal process but as a deterrent to would-be abusers.

Our community is now more accepting that domestic abuse happens within the Jewish community. We have expanded our sources of funding allowing for growth, vision and ambition.

JWA is proud to work in collaboration with other organisations to ensure the best outcome for women. JWA is a member of representative bodies including the Board of Deputies of British Jews, the Jewish Leadership Council, Women’s Aid Federation of England and IMKAAN (a second-tier organisation supporting specialist domestic abuse service providers), all of which enrich and ensure better understanding of our work.

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FINANCIAL REVIEW

The financial results for the year ended 31 July 2022 are set out in the Statement of Financial Activities, Balance Sheet, Cash Flow and notes on pages 32-51. During the year JWA’s income was £1,313,673 compared with £1,117,726 last year. Total resources expended were £1,180,123 compared with £955,306 last year, leading to a surplus of £133,550. Our main source of income is from gifts and donations. Less than 11% of income is from statutory grants. Expenditure for the year has increased reflecting additional costs in expansion of our frontline services.

RESERVES POLICY

Reserves at 31 July 2022

JWA’s reserves policy is focused on maintaining a balance between holding sufficient reserves to safeguard its financial commitments and continuing to provide services in line with the Charity’s objectives in the event of unforeseen financial problems, for a period of time to allow those issues to be resolved. Reserves are required to provide ongoing services and to finance future plans in line with the aims and strategic vision of JWA. There is a requirement for prudent management of financial commitments and an allowance for future contingencies in the event of unforeseen financial circumstances, such as reduced income streams or increased demand for services. A relatively small percentage of JWA income is from statutory agencies. Therefore, JWA relies heavily on voluntary donations and must ensure that reserves are maintained at a level that, in the event of a significant drop in funding, it will be able to continue its activities until additional funds may be raised. On an annual basis, the Board agrees detailed budgets. Performance against these budgets and forecasts is closely monitored by the Board. The Board maintains oversight of the reserves policy.

Designated reserves were £126,557 (2021: £240,000), representing amounts allocated for the continuation of the Sexual Harassment Project; the leadership and management restructuring of JWA and expansion of the outreach and prevention services. The funds should be fully utilised in the next year.

Unrestricted reserves, which are not designated, were £1,340,868 (2021: £1,005,943). This is broadly in line with the target level of reserves.

Based on the above policy and the current growth of the charity, it is considered that the current level of reserves is appropriate.

The JWA policy is that unrestricted funds not committed or invested in tangible fixed assets should equate to approximately nine months of costs. The calculation is based on the 2022-2023 budget figures. The calculation at 31 July 2022 gives a target reserves level of £1.2m.

“I felt that the service was about looking for solutions. I felt very comforted by all that was offered. I felt safe. I have a sense of value. As a mother it is very important. It was fabulous to talk about what I needed.”

SEXUAL ABUSE CLIENT

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RISK MANAGEMENT & PRINCIPAL RISKS

The Trustees have responsibility for setting up and reviewing the risk management system at JWA. A risk register is maintained which is used to monitor the key risks and is reviewed by the Trustees at Board meetings.

Financial

JWA operates in a challenging and demanding area where there are very few certainties over funding and limited local authority or other governmental funding. Therefore, each year fundraising and events are required to raise the necessary funds to run the charity. Management time is allocated to managing donor relationships and striving to obtain multi-year funding commitments. To mitigate these risks, JWA operates strict financial controls and continually monitors its financial position, including regular forecasting. The annual budgets, reforecasts and management accounts are regularly reviewed. JWA also has a risk assessment policy to identify, evaluate and prioritise risks to the organisation.

Some of the key controls used by the charity to mitigate these risks are:

Operational

The nature of our services where we support women and children suffering from domestic violence increases our operational risks. These are managed through the implementation of suitable policies, procedures and processes including case management, continual staff training, supervision and reporting structures. Through these procedures, the Board of Trustees is satisfied that major risks have been identified and procedures implemented so that key risks are adequately minimised.

Safeguarding is essential to our client facing services. All volunteers and staff receive safeguarding training as part of their induction and then updates are provided. Training on all aspects of compliance, including data protection, is provided to all staff and volunteers.

IT systems, data and cyber security risks are mitigated through the employment of professional IT support and secure cloud based servers. JWA staff are trained on IT risks, security and induction training is provided to all new staff members.

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ORGANISATIONAL STRUCTURE

JWA is run by a Board of Trustees whose principal responsibility is overseeing the long-term strategy, planning and significant operational decisions of the organisation, and the governance thereof. Trustees meet on average every three months for progress and planning meetings, and annually for strategic review meetings.

All new Trustees are subject to a recruitment induction process and are selected with a view to ensuring that the Board has an appropriate balance of experience relevant to Jewish Women’s Aid’s strategic and operational requirements. A list of current Trustees who are also directors for the purposes of Company law, who served during the year is as follows:

Caroline Ratner - Chair Jo Rosenthal - Treasurer Gabrielle Adlestone

Joanna Benarroch Kate Daniels Judith Flacks Tamara Moss Laura Rosefield Aliza Weinstein Madeleine Abramson – resigned 26 January 2023 Rebecca Simon – resigned 7 July 2022

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

“I felt that I deserved the abuse. After I spoke to my counsellor who was so understanding, she helped me to understand that what I was going through was abuse. She explained it was part of the cycle of abuse. This helped me to understand that it was him with the problem and not me.”

DOMESTIC ABUSE CLIENT

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Volunteers

STAFF AND VOLUNTEERS

The Trustees are extremely grateful for time donated by 150 active volunteers to JWA. It would not have been possible to achieve what has been achieved without their help and support. We aim to ensure that all people with whom we work are valued for their contributions. All potential volunteers are recruited on the basis of their skills and experience and according to the requirements of the role.

Employees

The Trustees recognise the huge contribution by salaried staff and extend their thanks to these staff for their ongoing energy and commitment.

PLANS FOR 2022-23

Senior Management Team

Our plans for 2022-23 include:

As of May 2022, a revised staffing structure was implemented with the directors as follows, reporting to the CEO:

• The creation and implementation of a strategy for JWA over the next five years, enabling development, consolidation and growth across our frontline and outreach services.

The CEO and directors form the senior management team.

Staff within these departments are line managed by the relevant director or by a manager within the department.

Pay policy for key management personnel

RELATED PARTIES

The salary structure is benchmarked against similar roles in the VAWG sector and/ or in the charity sector as appropriate.

Related parties are presented in Note 24 to the accounts.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The Trustees (who are also the directors of the Charity for the 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 Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the organisation and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company’s transactions and disclose with reasonable accuracy at any time the financial position of the Company 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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DISCLOSURE OF INFORMATION TO AUDITORS

Each of the persons who are Trustees at the time when this Trustees’ Report is approved has confirmed that:

AUDITORS

BKL Audit LLP will be deemed to have been reappointed as auditors 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.

On behalf of the Board of Trustees

Caroline Ratner - Chair

Caroline Ratner

I N D E P E N D E N T A U D I T O R S ’ R E P O R T

Jo Rosenthal - Treasurer

JHRosenthal

Dated: 18/05/2023

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I N D E P E N D E N T A U D I T O R S ’ R E P O R T

I N D E P E N D E N T A U D I T O R S ’ R E P O R T

OPINION

We have audited the financial statements of Jewish Women’s Aid Limited (the ‘charitable company’) for the year ended 31 July 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

OTHER INFORMATION

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors’ Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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I N D E P E N D E N T A U D I T O R S ’ R E P O R T

I N D E P E N D E N T A U D I T O R S ’ R E P O R T

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Trustees’ Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

AUDITORS’ RESPONSIBILITIES FOR

THE AUDIT OF THE FINANCIAL STATEMENTS

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors’ Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc. org.uk/auditorsresponsibilities . This description forms part of our Auditors’ Report.

USE OF OUR REPORT

This report is made solely to the charitable company’s Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company’s Trustees those matters we are required to state to them in an Auditors’ Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

BKL Audit LLP

Chartered Accountants Statutory Auditor London

BKL Audit LLP

Dated: 18/05/2023

BKL Audit LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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“My counsellor has been so kind and positive to talk to and she has really been there for me. I can’t thank her enough. It was so nice to talk to someone. I was in a really bad place. I felt heard. I felt validated. She didn’t judge me and she gave me the options.” DOMESTIC ABUSE CLIENT

F I N A N C I A L S TAT E M E N T S

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31

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2022

BALANCE SHEET AS AT 31 JULY 2022

Income from:
Note
Donations and
legacies
3
Other trading
activities
4
Investments
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net movement in
funds
Reconciliation of
funds:
Total funds brought
forward
Net movement in
funds
Total funds carried
forward
Restricted
funds 2022
£
389,332
-
-
389,332
-
477,264
477,264
(87,932)
181,374
(87,932)
93,442		 Unrestricted
funds 2022
£
489,541
434,186
614
924,341
101,802
601,057
702,859
221,482
1,245,943
221,482
1,467,425		 Total Funds
2022
£
878,873
434,186
614
1,313,673
101,802
1,078,321
1,180,123
133,550
1,427,317
133,550
1,560,867		 As restated
Total Funds
2021
£
864,490
252,599
637
1,117,726
71,955
883,351
955,306
162,420
1,264,897
162,420
1,427,317

All of the above results are derived from continuing activities.

The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 35 to 51 form part of these financial statements.

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Investments
13
Cash at bank and in hand
Creditors: amounts falling
due within one year
14
Net current assets
Total assets less current
liabilities
Total net assets
Charity funds
Restricted funds
16
Unrestricted funds
16
Total funds		 2022
£
169,479
403,256
1,012,975		 £
21,116
1,539,751		 As restated
2021
£
128,131
403,011
918,478		 £
21,138
1,406,179
1,585,710
(45,959)		 1,449,620
(43,441)
1,560,867 1,427,317
1,560,867 1,427,317
93,442
1,467,425		 181,374
1,245,943
1,560,867 1,427,317

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. However, an audit is required in accordance with section 144 of the Charities Act 2011.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Jo Rosenthal - Treasurer Date: 18/05/2023

JHRosenthal

The notes on pages 35 to 51 form part of these financial statements.

32

33

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

Note
Cash fows from operating
activities
Net cash used in operating
activities
19
Cash fows from
investing activities
Interest received
Purchase of tangible
fxed assets
Net cash used in investing
activities
Cash fows from fnancing
activities
Increase in short-term
investments
Net cash provided by/(used
in) fnancing activities
Change in cash and cash
equivalents in the year
Cash and cash equivalents
at the beginning of the year
Cash and cash equivalents
at the end of the year
2022
£
99,138		 As restated
2021
£
152,163
614
(5,500)		 637
(6,634)
(4,886) (5,997)
245 (586)
245 (586)
94,497
918,478		 145,580
772,898
1,012,975 918,478

1 GENERAL INFORMATION

Jewish Women’s Aid Limited is a private company limited by guarantee incorporated in England and Wales, and a Registered Charity.

The principal activity of the company during the year is that of providing support to Jewish women and girls who are experiencing sexual and domestic violence, in a culturally sensitive way.

The registered office is 35 Ballards Lane, London, N3 1XW.

2 ACCOUNTING POLICIES

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102), and the Companies Act 2006. Jewish Women’s Aid Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 General Information

The Charity is a charitable company limited by guarantee, incorporated on 17 February 1995. The members of the company are Trustees named on page 2. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the Company.

2.3 Going concern

The Trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern.

The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

2.4 Incoming resources

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

The notes on pages 35 to 51 form part of these financial statements

34

35

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

2.5 Resources expended

Expenditure is recognised on an accruals basis. Costs of raising funds are those costs incurred in attracting voluntary income and include staff salaries, printing & publicity, telephone etc. Charitable activities include costs associated with frontline community services, for instance: staff salaries, rent, telephone etc. Support costs include central functions and shared overhead costs and have been apportioned to activity cost categories on the basis consistent with the use of resources. Governance costs represent costs incurred by the Charity in respect of management of the Charity’s assets, organisational administration and compliance with constitutional and statutory requirements. All apportionments are made on the basis of time spent on different activities by specific staff responsible for related tasks.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity’s objectives, as well as any associated support costs.

2.6 Government grants

Government grants are credited to the Statement of financial activities as the related expenditure is incurred.

Furlough income is receivable as compensation for salary expenses already incurred and to give immediate financial support to the Company with no future related costs. This income is recognised in the Statement of Financial Activities in the same period as the related expenditure.

2.7 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives on a reducing balance basis. Depreciation is provided on the following basis: Fixtures and fittings - 25% per annum on reducing balance

2.8 Current asset investments

Investments are initially recognised at cost. Subsequent to initial recognition, current asset investments are revalued to fair value with the movements recognised in the Statement of Comprehensive Income. Where market value or fair value cannot be reliably determined, such investments are stated at historic cost less impairment.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.11 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Operating leases

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term.

2.13 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.14 Accumulated funds

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated 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 are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The aim and use of each restricted fund is set out in the notes to the financial statements.

2.15 Donated gifts, services, facilities

Donated professional services and facilities are recognised as income when the Charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of the economic benefit from the use of the item by the Charity is probable and economic benefit can be measured reliably. In accordance with the Charities SORP(FRS 102) general volunteer time is not recognised so please refer to the Trustee’s annual report for more information about their contribution.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

36

37

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

3 INCOME FROM DONATIONS AND LEGACIES

Statutory income
Grants, gifts & donations
Government grants
Membership donations
Total 2021
Restricted
funds 2022
£
144,319
245,013
-
-
389,332
369,356		 Unrestricted
funds 2022
Total funds
2022
£
£
-
144,319
469,749
714,762
-
-
19,792
19,792
489,541
878,873
495,134
864,490		 As restated
Total funds
2021
£
171,601
668,005
8,602
16,282
878,873 864,490
864,490

5 EXPENDITURE ON RAISING FUNDS

FUNDRAISING EXPENSES

FUNDRAISING EXPENSES
Staging fundraising events
Support costs
Staf costs
Total 2022
Total 2021
Restricted
funds 2022
£
-
-
-
-
9,022		 Unrestricted
funds 2022
Total funds
2022
£
£
40,734
40,734
17,466
17,466
43,602
43,602
101,802
101,802
62,933
71,955		 As restated
Total funds
2021
£
7,962
19,153
44,840
101,802 71,955
71,955

6 ANALYSIS OF EXPENDITURE BY ACTIVITIES

4 INCOME FROM OTHER TRADING ACTIVITIES

INCOME FROM FUNDRAISING EVENTS

INCOME FROM FUNDRAISING EVENTS
Fundraising Events and
Appeals
Total 2021
Unrestricted
funds 2022
£
434,186		 Total funds
2022
Total funds
2021
£
£
434,186
252,599
252,599 252,599

SUMMARY BY FUND TYPE

SUMMARY BY FUND TYPE
Direct costs
Support costs
Grants to individuals
Total 2021
Restricted
funds 2022
£
464,248
-
13,016
477,264
521,800		 Unrestricted
funds 2022
£
379,761
201,166
20,130
601,057
361,551
Total 2022
£
844,009
201,166
33,146		 Total 2021
£
701,267
141,992
40,092
1,078,321 883,351
883,351

39

38

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

7 ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)

Direct costs
Support costs
Grants to individuals
Total 2021
Activities
undertaken
directly 2022
Grants to service
users 2022
£
£
844,009
-
-
-
-
33,146
844,009
33,146
701,267
40,092		 Support
costs 2022
£
-
201,166
-
201,166
141,992		 Total funds
2022
£
844,009
201,166
33,146		 As restated
Total funds
2021
£
701,267
141,992
40,092
1,078,321 883,351
883,351

ANALYSIS OF DIRECT COSTS

ANALYSIS OF DIRECT COSTS
Wages and salaries
Premises costs
Welfare costs
Other staf, volunteer and helpline costs
Advertising & marketing
Counselling, education and children’s workers
Total funds
2022
£
630,206
40,920
5,573
40,284
25,346
101,680
844,009		 As restated
Total funds
2021
£
523,827
44,079
3,305
37,303
25,143
67,610
701,267

7 ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)

ANALYSIS OF SUPPORT COSTS

Staf costs
Premises costs
Consultancy and Independent Contractors
Depreciation
Governance costs		 Total funds
2022
£
47,274
83,629
50,156
7,217
12,890
201,166
Total funds
2021
£
34,693
81,575
12,246
6,140
7,338
Total funds
2021
£
34,693
81,575
12,246
6,140
7,338
141,992

8 AUDITORS’ REMUNERATION

8 AUDITORS’ REMUNERATION
Fees payable to the Charity’s auditor for the audit of the
Charity’s annual accounts
Fees payable to the Charity’s auditor in respect of:
All non-audit services not included above
2022
2021
£
£
6,000
5,250
1,500
1,500

40

41

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

9 STAFF COSTS

9 STAFF COSTS
Wages and salaries
Social security costs
Contribution to defned contribution pension schemes
2022
£
655,224
53,977
11,881
721,082		 2021
£
542,271
49,634
11,455
603,360

The average number of persons employed by the Charity during the year was as follows:

Average number of employees 2022 2022 2021 2021
No.
25		 No.
21

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:


exceeded £60,000 was:
In the band £60,001 - £70,000
In the band £70,001 - £80,000
2022
No.
-
1		 2021
No.
1
-

The key management personnel of the Charity comprise the senior management team as detailed in the Trustees’ report. The total amount of employee remuneration benefits received by the senior management team was £229,311 (2021: £231,345).

10 TRUSTEE REMUNERATION AND EXPENSES

During the year no trustee received any remuneration or other benefits (2021 - £NIL-). During the year no trustee expenses have been incurred (2021 - £NIL).

11 TANGIBLE FIXED ASSETS

11 TANGIBLE FIXED ASSETS
Cost or valuation
At 1 August 2021
Additions
Disposals
At 31 July 2022
Depreciation
At 1 August 2021
Charge for the year
On disposals
At 31 July 2022
Net book value
At 31 July 2022
At 31 July 2021		 Fixtures and
fttings
£
93,920
5,500
(48,251)
51,169
72,782
5,522
(48,251)
30,053
21,116
21,138

43

42

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

12 DEBTORS

12 DEBTORS
Due within one year
Other debtors
Prepayments and accrued income
2022
£
12,250
157,229
169,479		 As restated
2021
£
38,387
89,744
128,131

13 CURRENT ASSET INVESTMENTS

2022
2021
£
£
403,256
403,011		 2022
2021
£
£
403,256
403,011		 2022
2021
£
£
403,256
403,011		 2022
2021
£
£
403,256
403,011
2022
2021
£
£
403,256
403,011

Cash on deposit over 3 months

14 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

WITHIN ONE YEAR
Trade creditors
Other taxation and social security
Pensions payable
Accruals and deferred income
2022
£
18,442
17,164
2,842
7,511
45,959		 2021
£
17,470
13,712
-
12,259
43,441

15 PRIOR YEAR ADJUSTMENTS

A prior year adjustment has been made to increase the donations in the prior year and subsequently increased the debtors by £25,000. The Trustees believe this is a more accurate reflection of the nature of the donation and when the charity was donated the monies. The impact on the financial statements is the stated increase to both income and debtors, as well as an increase in general funds for the year ended 31 July 2021.

16 STATEMENT OF FUNDS

STATEMENT OF FUNDS - CURRENT YEAR


Unrestricted funds
Designated funds
Leadership and management
restructuring
Outreach and prevention expansion
including sexual harassment service
General funds
General Funds - all funds
Total Unrestricted funds
Restricted funds
Welfare grants
Counselling service
Domestic Abuse Support
Children’s worker
Children’s service
Education
Volunteering, Communications
and Training
Sexual Harassment Project
Sexual Violence Service
Client services
Total of funds
As restated
Balance at 1
August 2021
£
125,000
115,000
240,000
1,005,943
1,245,943
7,502
54,971
43,422
3,570
10,528
17,330
16,644
8,144
19,263
-
181,374
1,427,317		 Income
£
-
-
-
924,341
924,341
6,985
80,000
-
34,252
-
3,000
-
20,000
4,000
241,095
389,332
1,313,673		 Expenditure
£
(68,810)
(44,633)
(113,443)
(589,416)
(702,859)
(5,962)
(85,392)
-
(37,609)
(10,528)
(14,000)
(9,172)
(8,144)
(23,263)
(283,194)
(477,264)
(1,180,123		 Transfers
in/out
£
-
-
-
-
-
-
-
(43,422)
-
-
-
-
-
-
43,422
-
-		 Balance at 31
July 2022
£
56,190
70,367
126,557
1,340,868
1,467,425
8,525
49,579
-
213
-
6,330
7,472
20,000
-
1,323
93,442
1,560,867

44

45

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

16 STATEMENT OF FUNDS (CONTINUED)

DESIGNATED FUNDS

Over the past years, demand for JWA’s services has increased consistently which has resulted in expansion of our services and, since the year end, increased our staff numbers. In order to manage our services efficiently, the Board has committed and therefore designated reserves in order to implement:

This expansion has commenced since 31 July 2021. It is expected that the remaining designated reserves of £126,557 will be spent in the next financial year.

RESTRICTED FUNDS

The unspent restricted funds above will be utilised in the next financial year unless otherwise stated below – more details with regard to them are below:

16 STATEMENT OF FUNDS (CONTINUED)

STATEMENT OF FUNDS - PRIOR YEAR


Unrestricted funds
Designated funds
Fixed asset fund
Leadership and management
restructuring
Outreach and prevention expansion
including sexual harassment service
General funds
General Funds - all funds
Total Unrestricted funds
Welfare grants
Counselling service
Domestic Abuse Support
Children’s worker
Children’s service
Education
Fundraising
COVID-19
Volunteering, Communications
and Training
Sexual Harassment Project
Sexual Violence Service
Total of funds		 Balance at
31 July 2021
£
-
125,000
115,000
240,000
1,005,943
1,245,943
7,502
54,971
43,422
3,570
10,528
17,330
-
-
16,644
8,144
19,263
181,374
1,427,317		 Balance at
31 July 2021
£
-
125,000
115,000
240,000
1,005,943
1,245,943
7,502
54,971
43,422
3,570
10,528
17,330
-
-
16,644
8,144
19,263
181,374
1,427,317
Balance at 1
August 2020
£
20,950
-
-
20,950
894,965
915,915
2,734
108,749
81,379
2,629
12,518
60,843
8,413
19,825
21,190
8,144
22,558
348,982
1,264,897		 As
restated
Income
£
-
-
-
-
748,371
748,371
28,297
10,000
248,243
36,816
25,000
1,000
-
-
20,000
-
-
369,356
1,117,727		 Expenditure
£
-
-
-
-
(418,343)
(418,343)
(23,529)
(63,778)
(286,200)
(35,875)
(26,990)
(44,513)
(8,413)
(19,825)
(24,546)
-
(3,295)
(536,964)
(955,307)		 Transfers
in/out
£
(20,950)
125,000
115,000
219,050
(219,050)
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 July 2021
£
-
125,000
115,000
240,000
1,005,943
1,245,943
7,502
54,971
43,422
3,570
10,528
17,330
-
-
16,644
8,144
19,263
181,374
1,427,317

46

47

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

17 SUMMARY OF FUNDS

SUMMARY OF FUNDS - CURRENT YEAR

Designated funds
General funds
Restricted funds
As restated
Balance at 1
August 2021
£
240,000
1,005,943
181,374		 Income
£
-
924,341
389,332		 Expenditure
£
(113,443)
(589,416)
(477,264)		 Transfers
in/out
£
-
-
-		 Balance at 31
July 2022
£
126,557
1,340,868
93,442
1,427,317 1,313,673 (1,180,123) - 1,560,867

SUMMARY OF FUNDS - PRIOR YEAR

Designated funds
General funds
Restricted funds		 Balance at 1
August 2020
As restated
Income
Expenditure
Transfers
in/out
Balance at 31
July 2021
£
£
£
£
£
20,950
-
-
219,050
240,000
894,965
748,371
(418,343))
(219,050)
1,005,943
348,982
369,356
(536,964)
-
181,374		 Balance at 1
August 2020
As restated
Income
Expenditure
Transfers
in/out
Balance at 31
July 2021
£
£
£
£
£
20,950
-
-
219,050
240,000
894,965
748,371
(418,343))
(219,050)
1,005,943
348,982
369,356
(536,964)
-
181,374		 Balance at 1
August 2020
As restated
Income
Expenditure
Transfers
in/out
Balance at 31
July 2021
£
£
£
£
£
20,950
-
-
219,050
240,000
894,965
748,371
(418,343))
(219,050)
1,005,943
348,982
369,356
(536,964)
-
181,374		 Balance at 1
August 2020
As restated
Income
Expenditure
Transfers
in/out
Balance at 31
July 2021
£
£
£
£
£
20,950
-
-
219,050
240,000
894,965
748,371
(418,343))
(219,050)
1,005,943
348,982
369,356
(536,964)
-
181,374		 Balance at 1
August 2020
As restated
Income
Expenditure
Transfers
in/out
Balance at 31
July 2021
£
£
£
£
£
20,950
-
-
219,050
240,000
894,965
748,371
(418,343))
(219,050)
1,005,943
348,982
369,356
(536,964)
-
181,374
1,264,897 1,117,727 (955,307) - 1,427,317

18 ANALYSIS OF NET ASSETS BETWEEN FUNDS

BETWEEN FUNDS
Tangible fxed assets
Current assets
Creditors due within one year
Total
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Restricted
Funds 2022
Unrestricted
Funds 2022
£
£
-
21,116
93,442
1,492,268
-
(45,959)
- CURRENT YEAR		 Total funds
2022
£
21,116
1,585,710
(45,959)
93,442 1,467,425 1,560,867
Tangible fxed assets
Current assets
Creditors due within one year
Total
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Restricted
Funds 2021
£
-
181,374
-
- PRIOR YEAR		 As restated
Unrestricted
Funds 2021
£
21,138
1,268,246
(43,441)		 As restated
Total funds
2021
£
21,138
1,449,620
(43,441)
181,374 1,245,943 1,427,317

49

48

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

19 RECONCILIATION OF NET

MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the year
(as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest
Loss/(proft) on the sale of fxed assets
Increase in debtors
Increase in creditors
Net cash provided by operating activities
2022
£
133,550		 As restated
2021
£
162,420
5,522
(614)
(490)
(41,348)
2,518		 6,139
(637)
310
(20,583)
4,514
99,138 152,163

20 ANALYSIS OF CASH AND CASH

EQUIVALENTS

EQUIVALENTS
Cash in hand
Total cash and cash equivalents
2022
£
1,012,975		 2021
£
918,478
1,012,975 918,478

21 ANALYSIS OF CHANGES IN NET DEBT

Cash at bank and in hand
Liquid investments		 At 1 August
2021
Cash fows
At 31 July 2022
£
£		 At 1 August
2021
Cash fows
At 31 July 2022
£
£		 At 1 August
2021
Cash fows
At 31 July 2022
£
£
918,478
403,011		 94,497
245		 1,012,975
403,256
1,321,489 94,742 1,416,231

22 PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions paid by the company to the fund and amounted to £11,881 (2021: £11,455). Contributions totalling £2,842 (2021 - £Nil) were payable to the fund at the reporting date and are included in creditors.

23 OPERATING LEASE COMMITMENTS

At 31 July 2022 the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

Within 1 year
Within 2-5 years		 2022
£
57,528
126,175		 2021
£
52,456
75,703
183,703 128,159

The piror year commitment was based on the London office rent having a break clause in place at December 2023. The Charity no longer intends to utilise this clause, therefore the commitment has increased for the full length of the lease which ceases in August 2025.

24 RELATED PARTY TRANSACTIONS

During the year, the Charity received £17,480 in personal donations from Trustees and related parties (2021: £4,800).

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Company Registration No. 3024499 (England and Wales) Charity Registration No. 1047045

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