Charity re9i$tralion number 1054622 Company regi$tratSon number 03136727 IEngland and Walesl VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ernma 8ush (Chair) Pat Reynokls (VKe Chairl OlubunrniAdèfajo [T￿aSUrer) Hdèn Marshall (Safeguard￿9} Emily Clark Helen Condran BartAra Dutton Clierflhna Jutjge Jat¥ueline Marsh Secr•lary LoNaine Webb Susan Potts Irewgned 1 Aplll 20221 18ppointad 1 Apnl 20221 Chl•l eXocU￿¥• Offie•r Lorraine Webb Susan Potts (resigned 1 April 20221 lappoinl8d 1 April 20221 Charfty num￿1 1054622 Company number 03136727 R•gb•tsrgd offlc• Th8 Venus c￿tra 215 Lina¢r• Lan8 Bootle L20 6AD Audltor 8WM Tempest Suit? 5.1 12 Trthebam Slre¥t LNerpc*)I L2 2DT Bank•r• HSBC Bank PLC 197 Stan* Ro•J Mers•yswJe L20 30X VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE CONTENTS Page Trustees. mp Statèmeni of Irustees, responsibilities 14 Independent audrtorf$ rèp)rt 15.17 Stsl8m•nl offinonryal arAMbeB 18- 19 Balance sl*trt Statement of cash fl￿$ 21 Note$ to the finanLxal slaternenls 22-41 VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The Irusttes present Iheir annual reFQrt and financial $talen￿nts lor the year ended 31 March 2023. The finanrial statam•nls have been prepared in aC￿rdan￿ wilh th8 accounting poliaes set out in note 1 to the financial stalernenls and comply *ith th8 charity's governing docurnent. Ihe Companies Act 2006 and "Accounting and Reporting by Charities". Slalement of Recommended Pradice appluble to charities prepanng their accounts in accordance with the Finantsal Reporbng Standard appltsbb in the UK and Ropublic of I￿19￿d IFRS 1021" leffectbva 1 January 2UIYI. Our Year at a Glane• Vcb(AS hchicvehcbtS Ilha Trrforhdhcc •) f ive = WOOD TRUST VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 OVcb(AS hchicvchcnt5 F(r(oibahCC W• .. t50 40 I￿1￿•1 44 1• ch f i s 101 VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED FOR THE YEAR ENDED 31 AIARCH 2023 About Our aims. objective an¢J overall purpose are set oui in wr Metrn)randum and ArtKles They a￿.. To promote such charitable purposes as the Twsteès shall. in Iheir absdute discrets.￿. Ihink fit, ￿￿￿1n9 in particular but noi so as to limit the generalty of Ihe lor8going'. The advancernenl of educabon and the pre5ervats.on and protection ol health ol those young women residing in the a￿a of Sefton. pa￿0jLIty. not •xdu$ivety. in Matters relatsng ¢0 sexual hoaitn, The pro*i5ion ol faolilies in thè interests of swal wdfare For regea*"on and ￿1$￿￿ tirne ot￿patIOn wrth the object of improwng Ihe condrti¢n of life lof the WL￿n. Wa have made a requ9$1 to The Charity ComMiss￿n thal we change our arti¢10$ to rnllecl the (*angng natur• ol our work lo.. The advancement ol equality. opwrtunity and eduCa￿on aThJ the pres¢r¥ai*on. protectK)n and improbemenl 91 mental and physical health and wellbeing ol those re$￿ing in the Uniled Kingdom. The Pfovision of laa1￿.•$ in the interests ol soual weifaro with the objecl of iMpro￿ng and advocating for thè conditic￿$ of lrfe, hw$ing and ew10m￿ seojnty. ind￿0ndance and enjoymtni lor b)e said peopl¢ 8Nd ¢ornmunitK8s. Thè supply ol non-judg¢rn8nlal seTrice$ Ihat ar8 unreservedty and ur#versalty att•s*bt8, dedicated, salo, indusivo and respectlul lo *1. The Venus Vi¥itsn is to support Ihe eommunrties we s•Ne to have fvlfilling lives and ¢0 ￿ r?$ilient. Our wsion dalivered through our Mission Slatemènl. To work wilh I￿)meTh. chiklren, young people and families in our community. recognisin9 their choices, voic8s and opportu#rti•s to develop their potential, aro a value led organisalion and our work is delivered through cyjr Value Fram•wort'. A¢c••8lble- Wo have an OF￿n-d￿r pOI￿v. Resp8ei- We have ¢onsid8rallon ar￿ resped lor th8 peo￿¥ wè sUp￿rt and for oad) 0th8r. 1ntsg￿fy- Our cxjmrnunity is at the heart olv4hat we do and we to our valu¢$ •t all b.rn￿. . Tru•t- We res￿ ￿n￿denl1alty. arKI lh8 trust peopkn ￿¥¢0 in us. FAlmM8-We work lor a fair deal fty o¥ery￿. Our Benefielarl•• We deliver our work across Ihree location5, each vriih their fijnded sxogr8mrnes of support and tsrget b8nefiaaries. Froffl the Venus Centrè in Booye, we delI￿r.. family supporf programrnes through public sector nlracts and projects supported by trusts and foundalions.. our Slèp Togelher Proje￿ which provides practul, peer and therapeutic 5UPPOrt to women whose children have been removed frorn their eare, open access advice, a daily serwce for community membèrs to pro¥￿e irnmediate support.. monèy managernenl, utilrty and debt advirA, support groups,. fLM)d d1stnbu￿'On'. and our supported housing pwowsion for lom)er horndess indiwduals and refvgèe and asylurn Seekers. Our centre in Hamon 8rook provides family $uppJrt programmes and Intensi￿ Ckaning Education programme5, parenting support and groups. The Star Centre based in Boolle prwdes therapeutic supporl to young people. We are a mèmber ol the Children and Young peop￿ In¢￿aSed Access to Talking Therapy Board. and eath year host Recrurt lo Train trainegships which impro¥e5 Ihe breadth ol available to youThJ people m our aRa. Deliverlng our alms. objectivos, •nd legal purposes The Venus Trustees 5UPPOrt the delivery of our c*arilable aims aThY otiecbves IhroLth ongoiTrJ eh8cks and balances ol managernent infom)alKJn. Pro9￿$$ ￿portS and finanaal statements. We hold bi-monthly board meeting5 and have a number of tM)aTd SU￿rOupS induding a regular finan¢% subjroup meeting. We've conts.nued this year to der[￿nStrate our irnpact through dear Infograph￿ demonstrate Ihe depth and breadth of our work IseclM)n 1 of this rep)rti. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING OIRECTORS. REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Th8 Iru51ees have paid due regard to guidance issued by the Charity Commission in deryding what actiVTlies the charrty should undertake. Aehievefflents and perfomian Our Work and achieving public W• achi•ve our airn#, t*Jjective6 and 1¢901 PU¢POtsCG by d¢li¥(trin9 aeN¢xJ through 4 wllar¥.' Housing and Resettknient Farnily Support Mental Health and Wgllt*ny Hub S8NCèS. Our at**io¥orn•nts Ihia ye•r in ¢•¢h pillar are dese4ibod betow". Houllng and Rgs¢ttlement A5 a rnernber of Sefton Supported Housing group ISSHGI we support thè delNery of Ihe Hornelessnèss Strategy for Sefton. In the last year. the Consortium supported 140 peop￿ lo have ac£ess to supKy)rtad a¢¢ommodabon att¢ss Sefton. Venus manages 20 accommodation unrts. whth provtde a salè spa¢¢ lor people lo rehabililalè frorn an episode of hornelessness. Our se￿iCe provKles emobonal and prathi support. delI￿red through p5ychologiealty inlorm8d 4nviranm#ni%. fin8¢trino mpotal h•A and w•llhpino is al Iho forefrty)t of our wo￿. W• lak• part In hurnan learning syslams lo ensure we refiecl on our practth on a regular basis. and through our rnost r￿ert conlrael, we •n$ure there 13 a greater empha&s on undtfstanding the comploxitses thai anepisode of hom•lessness brings Through the SSHG consortium our dient5 a￿ ab￿ lo ac￿$$ a $pepali5ed psychologist withtyjl waiting on lengthy NHS wailing lists. A$ ¢onsorfiym mernbers we comp*la face to face assessments for the Mainstsy servie•$ enabling homelèss people to be assessed in th￿r community. In the last year we completed 15 aSsess￿n￿ of poièniial rough $￿epIng in Ihe Booll• arna. ￿ attend a ¥￿eklY meeting to assist a swift response to people al risk of rough sleeping in the aroa, and last year Ihi5 was ￿[lected in Sefton's figures of zero rough thepers al th8 annual rough sleeper count. In addilion. Venus provides Floaling support to rough sleepers liwng in housing stock outside ol our control, and wa prowde peer and errKJb"onal supw al our Friday Bacon Butty Club. Venus Is conira¢ied to prov￿ 30 Floating support IFS) places 818ny one tim•. this tm¥ service has enabled us to embed the principles of FS into our housing 5ervic* by supporting peopb in their own horne to sustain and maintain their own tenancy, both a$ horneles5 pre¥enbon, and also on¢¢ Ihey have left SSHG ac£omrnodalion. W¥ have support8d 56 people in total across the year. V8nus Is contra￿ed by Sefton councAI to ￿￿o￿"d9 18 ￿or￿MentS on RRP IRaFid Rets)uwng palhwayl, RRP is funded by central govemrnenl Rough Sleeper Inibalives IRSII to ailempt lo break d¢ywn barriers to rthousing lo th& most complex cases in supported a¢xommodalion. RRP work ensu￿$ that dients havè the trjrrecl propth F¢)ol banding and access lo support workers lo ensure the client has acc6ss lo housing they are èntitled lo. Housing serVi￿S across the country are feeling Ihe pressure of the housing as move on Pfoperties are mora and more ¢ifficult lo aC￿$S sin¢¢ the ￿st-Of.11MThJ issues. 'Bacon 8utty Club, is a new Serv￿£ that we began in JU￿ 2022. hJThYed by the Community Foundation. Wè have supported 30 people from the local homeless community to have addrtional support to our ojrnmissioned serv￿S, enabling us to provide the dièni wilh a Wel￿mIng warm Spa￿ lof a so(ial intervention. as well as an educational aspect relating lo CO0￿.ng and food prep. Through ARAP we have supported 15 people lo relocate successfulty to the Boolle area in 2022-23. Our familias from Afghan16tan >mvg¢J frorn bad9in9 hotel¢ in th¢ South of Englend, after fleeing Af9hJniJlan from the Taliban regime. All have settled well into Ihe Ictal area. and take part in many of the Venus ath￿be$. SLth as resRYentk4ls and days out. 3 of the last cohort are now in full limè W￿￿. this has a positive effect on their mental and physical wellbeing. they are remaining in the arèa as Ihey feel Weh)jM￿ and safe. We regularfy attend the Sefton Counol asylurn and refugee migration ftjrum. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 International Coffee Moming is our ¢Jrop in held at Boolle library. this cx)Ilatrx)ralion enabled us to help nearfy 300 Sefton benefirianes auoss our drop In 1135 adurts and IheTh thildren of attendees), pètsple continue to attend this session regularly every FrKYay where we have become part of the library communty We collaborated with Rule ol Thrèès to form a separate group Icolour ol Pornegranaiesl Whe￿ the women lake part in art activities enabling thern 10 lèal part of the Sefton community and lo make new friends across drfferenl cultures and langJages. We are part ofth8 Equal VoKe8 Netsvort whth stn¥es to ensu￿ all t4OK8s across the o)mmunity are heard. Family Support Pargnt to Paront Volunteer Support Prnlo¢( Halton Acr05S the Borough of Hallon. we recruit and train parent ¥olunteers to offèr paf8nts and tsmili8s tailored ernolion81 and practical support lo makè positive than￿s. lake control oflheir INes and address any barriers. 90 Families were rèfèrred lo this project ol whth. 70 families received support. also had 10 a￿.¥8 volunteers who have helped to dèliver this programrnè. We also offer support through our Intensive Cleaning Educaticffi programme in Hamon to fomiliasoxperiencin9 issues with htsm• and farnily managernenl, such as de-clultering. applying dèaning and family routines. home deanliness and health and safety Ovr support worker visit5 families inlen¥iv¢ly, an avera99 of 3 times a week lo teac* new skills aid Impro￿ ¢orrtJI￿ns. This ytr•r wa had $5 famili08 referred to thè project and complèted support wnth 47 families. Step Toggth•r, S•fton Step Together is an innovative prograrnme for women whos* d)ilJren ha￿ ￿ManentlY takèn into care of tht local authority. 11 was on9inally lunded via thè Ihttynen and Girfs Fur￿, National Lottery Cornmunrty Fund and subsequentty rèfunded wa Reaching Cornmuniti•s. Venus has wrtnessed arnazing impad from tha programrne which has turned around the lives of many wornen. supwrts.ng Ihem lo keep sub5equènl children in th¢ir eare and to support positive mantal health through this devaslaling sil¢Jalion. This year we have r¢c*v8d 77 referr)l$ for support with 40 wornen iaking up support and Iherapy through this fundinq. $￿Agthen1￿9 FamIlI￿ 1n1t1a￿¥¥ This is a commisgoned service whth wè dalwer on beho11 of S8fton Ctsuncl as part of their Earfy Help for Famili¥$ programme. Our work involvès devekJp¢ng a whole family support plan mald)éd to the indNidual needs of each lamily mernbèr. In this financial yèar we received 86 rale¥raLs to Ihis pmgramme and supported 44 familias. Famlly Support Trfa Our triage $er¥u is a quith tumaround Se￿ts. suppKJrtin9 f4milies lo avert Crisis. work wrth families on a 6- week programmè ol support. tackling Iheir mosi acute problems. This year we re¢w8d 428 ￿ferra1$ to our seNice, rigure much higher than our rejources allow. 94 people ¥eceived support through this s8Nice. Famlly Support Our family support projramrne supportod this year by the Steve Morgan FcNJndalion involv¥s the support of a Key Support Worker for up 19 12 weeks. This yèar we supported 40 families through this seNce. Hub Servlces Adult Counselllng. Halton We devèloped adult counselling for our Hal¢C￿ based d*nts this year. We offer a freè counselling 5eNicè for women, supported by (x)unselling students. This year we supKN)rted 5 counsdlors through this InitsalNe. we had 40 referrals and assisted 24 women wilh mental heaKh protAems. International Drop In, Halton Supported tiy One Halton funding, w8 deli¥er suprAIrt lo Farnilies who are resetued in Harton through a weèkly open access drop In for all refvgees and a$￿uM seekers a(xoss the b(￿gh. This projecl provide5 SUPPOrt. informats"on, advice and guidance to refvgee and asyluftFseeking families. Enabling them to develop English Language skills, adjust to life in the UK. recover frorn trauma aThJ improve Iheir INes. Thi5 year we had 108 partrApants SUp￿rted through this stheme. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Adum Menlal Health 8oorfe Venus hosted 16 trainee counselbrs on our prc4Jrarnme who attend h)cal colleges and need èxperien￿ in cKd•r to qualify as therapists. We host a rarge of m¢ylalities such as integrativè, p8tson centred, and psychodynatnic. We deliver 33 counselling sessions per week for local women. Thi5 year 132 wornen We￿ referred lo the Service. We also look part in Sefton in Mind a local iniliati¥e to 5UPPQrt Sefton reswjents to improve their mèntal wellbeing. We are part ol Sefton CVSS Sèfton Health and Sorjal Care forum. aThJ also part ol S8fton councAls SuicA¢* Prevents'on Board, all of whioh kccp abre0￿1 wtth lo¢ol inforni8bon and issue? rekryting lo rnenlal health and well-being in our community. Open Access Our Open Awss S*M¢e, 5UPPQrted by the John Moor8s F￿￿atsOn. i8 a dasly droTrin service lof the local rnmunty. Comrnunily members can call in lor a chat wilh a suppc*t worker who will address their irnmediate concems Open Access deals with a wK18 rang8 of issues induding housing advice and gU￿anC￿, debt, particularty Iilility dAhl m#nlg1 b#•lth i%%li￿. focxl povorty and pro¥ish?n of adv￿. This yg4T WO $UPPgrt•d 490 p•opl• through our open accèss seTri¢e. Youth Ju8tlc• Progrdmm• For a number of years, we have delivered a Pfogrammè ol support to young people most likely to b8 Involve(Yat risk of becoming involved In crime. This programme imicth5 an IAG worker. who supports thè young person to d8vial¥ gway from criminal activity through a structured support programm*. We 3150 have a dedicaled therap151 for this proqramme. plus additional therapy hC￿rS suooorted by Mefsev5ide Police's Slonehaven Proièd. which addresses county lines activity Through this programme wè supported 49 y¢>ung peop￿. Also. this yèar we rè¢eived funding from Mefseysida Vio￿n¢* Radueiion Partnership and Stre8tgames to de￿loP piloi programrnes Dlusa A¢tive and Dfusè Digital. Botr pro9r8mrnes support emotional regulation In a group setting by offering young people therapeutic lO￿krtS along8ide actiwties whth help to rnafta￿ rwabvg emotK)nB. Montal H•alth and W•llb•lng Whilst wè dèlivèr A(tull rnenlal heatth BupF4)rt al our centras In Halton and 8¢*)tle. the work ol our Star cant￿ 1$ our largosl mental h8alth sèrvicè. During this financial year. we hrt somè funding challenges al the Star Cenlre, with the Ios5 of regular funding streams Children In Need. Winter Surge Funding and a Covid Support Grant. Through the use of some of our ￿serveS we mainlained Itte level olse￿l¢e in our pwicKts finanaal year, befo￿ renegolialing our contract wilm the Integraiad Car8 Board for lundin9 lowards slaffing &)61s in Ihis fIna￿la1 and an uplift grant for 202312024. Despite these challenges. our tearn has continued io deliver rneaningful aThJ vrtal support to those already open lo ¥ uii uui wttiliiiy liblJ. ali￿ w¥ I￿¥# JULt¥sblully triiydgea wr9e numDers ol Senon's cni￿¥*n, young peopl8 and families. Star Ace•8s Flgure8 From April 2022 - March 2023 the Star Centre, induding wr Youlh Justice Thera￿$t$ ha￿ d8lNer&d 4,419 ttended therapy sessions. Th￿ I￿￿]8$ arrangad ¥pp)intmenls. groups and op8n accass. 773 young people èngaged thè semce over the year Of (hese. 656 had or morè rneaningful o)ntacts. Thi5 could ba attènding the open access drop-in. hawThJ an inits.al assessment appointment. r￿1VIng a check-in call or actually receiving therapeulic sessions. We continue lo deliver 5es5ions both in person and ￿Mot￿Y. wrth 39% of altended contacts ddivered ramotely via phone or wdeo call. Access figures have steadity in¢￿ased over the lasl 4 years. a result of a nUM￿r of factors includina.. increased delwety of group Intervenlion. promolk)n of our ¢)Dpn (frr)Trin ngaoAm@nt encouragernenl as outlined a￿Ve. introduction of 8+1 mooet. and sthxessfrjl utsliSat￿n of CYP-IAPT trainees and wellbeing practiboners. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 Star Centre Access Figures ico 656 478 499 )¢x) 20) its) 2011>10 2021>2) 2071.>2 2012.2> R•tsrral• Breakdown ol r•ferra15 received A￿1 22 - Marth 23 below. The Star Centre dosed 10 naw referrals on 9 January 2023 and any reeaived after this dato hav8 been ¥gnposted lo other s¢ry￿S in the area. Ov&rall, th8 Star Certtre roc•ived 734 referrals 2022-23. Star Referrals 22-23 io) 76 65 io Apr.12 MJ¥.22 Iw-22 ￿l-l2 Au8ZI Sepl? 1Tr1.21 P&Tr.22 Oe(.12 JaTh.lJ The table below sh¢Ms ièferral figures loi Ihe last 4 years At rts peak foll¢￿1￿9 COVID-19 we eXpefIen￿d a refeffal increase of 134%. Incoming ￿ferra1$ havè remained al a h•Jh rate throughout 2022 wrth an 112% in(yease from 2019 flgures. Year 2019 2020 2021 2022 Jan 20 69 75 95 Fob 19 58 Apr 43 17 78 76 Jun 51 52 115 Jul 42 52 Au 31 32 Total 457 28 61 95 91 49 62 97 50 78 86 65 16 123 98 105 1(￿9 973 78 89 VENUS WORKING CREATIVELY WITH YOUNG WQMEN COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Referral Sources 22-23 Wly •CAMHS 19 A large proportion of our rolerrals ¢Mlinue to c￿e direclty frc4n famil*s13rAI indicating a posrtivtr reputation for the seNice in th8 community. Farnilies often repo1 that they a￿ advised by iheii GP or school lo refer lo direelly us. It's important lo note that a proportion ol thes& setl-tsferTals rnay also have not direct ¢0 V￿u$ and have been received via the NHS CYP1 referral plattom). The largesl referrer to our s¢w* coniinues to be othar professionals 68%. with Ihe majonty comin9 Irom $ooal care and CAMHS. Rlsk We have continued to witnè$$ high leve15 01 mental heallh risk and o)mplexrty. pathojlarfy with regards lo intentional self-harm. $uiridal idealion, and disorder presenlabons. We prioritrsè ¢as¢$ with identif￿ad risk for urgent as5e5srnenl or assessed cases wrth nsk for priorilised treatrnenl which rèsutls in k)nger warting times for routine appointrnents. For new relerr8ls wilh idenlrfied risk we aim to com￿01e an urgent assessment wthin 6 wèeks. For all assèssments ¢ornpleled in 2022 33% were priontised lor an urgenl appoinlmenl. Fiourès ￿lOW shows percentag? ol urgent aSS8ssments ¢ompleled per month. For exarnple. in D8c8mbw 2022 84% of all COmF4eled a￿sSMentS were urgent.. In lerrn3 of indivKlual referrers. figures bèlow Ihe percentage ol referrals received per ref4rer that had priorilised risk. We have found hvjh levels of risk in referrals made by professionals. For example. 38% of nèw referrals from CAMHS had Identif￿ risk we often find young people are struggling wilh 5elf-harm and suicidal Ideatlon. Additionally, with schrx)I referrals 45% had Identified nsk. With school referrals in parbcular we oftèn find theré is some ernotional-based school refusal. which is assessed as urgent wiihin our intemal risk knls. Car•rls&W. 18% Social care i1￿. èaity h•lp'. 30% CAMHS." 38% School.. 45% Olher ind. internal. voluntary ageno8s 43% Healthcare.. 6% VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Pr•$èntlng Difficulties Anxiety continues to be the rnain rep)rted (x)nc￿￿ for incoming rèferrals. To tackle Ihè large nurntr£fs ol referrals reporting with anxiety. we plan to increasè our offer of CBT-inf¢ymed grvup interyention5 for both parents and young people. Chart bèk)w show5 Ihe 8 most o)mmon feasons for rèfefral. Primary Reason for Refeiwdl h¥fft Whorg anxiety was Il* prirnary reason for releff81, 40% reported addits.onal conwns. The rnost ￿mMOn1Y reported concom with anxiety w¥$ active self.h￿Tr. ¢cArtLat•s with hwh tsk18vels a8 abov•. Other Reasnns for Referral with Anxiety Sèll havm iaknlTy& Anyv vTi•w 2JX Rr14ipvJwpdll¢db•S Pttltd ASO Iv VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT} (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Outcom• measure8 We collect f&edba¢k and track dient progress 1hrough￿t their engagemenl wth cw Ser￿Ce using quest￿nn31reS and sel goals. We aim 10 collect iwo or rnore of the same questionnairè5 in order to have a paired 0￿cOrne with comparative scores. For example, we rnay ask a young petson to cornplele a questionnaire at ass8ssrnenl stagè and then again throughout therapeutic inleThentH)n, w order to track their pro9￿$$ with key presenting issues such as anxiety,. low rnocxj an¢J panK. Thay ara a uselul tod lo ￿fOrn) practitsJn8rs wryk and to in￿'ate o)nvawtion and diB¢ueBion tsboul sp¢cffjG oonccm*. From Apnl 22 Marth 23 Ihere were 367 ￿erra1$ Ihat were d05ed Ihat had at laast Iwo contacts with ono mpleted assessment. 01 these S1% had a paired oulcome rneasure feejth. 59% of trbese pairad showed measurable improvemènt". 32% 001 9%,, 'The methodobgy for oulc(Jrne m•asuw 1$ d￿ernined by the NHS u$ing a R¥liable chang8 Indox IRCII. Where there are muttipla paired s￿re$ for a ￿ThJIe referral". A r•lerral that has ng measurable change across any poir￿ Kore is classed as No M8asurabJe Change A referral that del•r￿rat•S ¥¢Yoss any pawed scor8 is dassod •s Measurable Deteriora￿On A r8f8fral that improv¢$ auoss #ny single paired 8C(Jrn, and d￿$ nol deteriorate on any othefs is dassed as Measurabl• Improvemenl F••dba¢k When a young person reaches lo an agreed ending vthh rwr $￿Ce, we ask Ihem lo c¥)mplete the Expèri•nce of Serwce IESQI questionnairè. This is given lo your4J people and their familie5 to enable them to have their Say and share thèir expariènce of the seNce. including rf they wer* satisfied. In q￿StIonnaIreS gathared sin¢e April 2022." 92% of people woukl suggesl us to a fn.end 95% of people feh th8 ov8rall seme• wa$ grthj As well as being able to rale experience of care aThJ eXp**n￿ of environment questsons Irom'not true, to'rmtainty true., they are able to leave written fee¢Jback. Feedback from young people.. .11091 likg I could open up and 18lk. is ffeatyh8￿ lorrn b do i was gwen 8dwc8 abtsut rny emohons 8nd how to deal with Ihem. I f81t lislened to and understo(41 11 was grgal ' "Tim&, I(K&t￿n. V8nue blight b(rf rfaxed. Friendly anLI calm slaty. Excellent serrice" 'My LYaiolite$3 needs w•r8 put first 81 all ts"mes.' "I was m8de lo leel comforta￿8 durin9 my visil. I was pth al ease and madè to fè011 could talk freely, andmy visit wss tl93tgd ￿&poetI￿1$Y gnd woukl fwl sal•.. 'Th8nk you. I was lerrified to Start c(iunselling. I dttdnl beheve it would bM)fk It has su￿riSed me in a way." .1 dony want il to ènd. Its f911 h.ke Iherapy lo me to be hst8ned to. To feelhke I￿e been g.ven ways to help my daught8r. Justljy being able to talk lo someone WI￿ is lo ltisfen has made mè und8rstandlhArgs that bèforp jusl and mundin conths￿￿ in my h8ad." io- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Flnanclal review This year our accounts show a higher expendI￿re than ircjme rece￿d. This 15 not an overspend but an 8g￿ed draw down on our unrestricled rèsèrves.. Invested in our core functions induding recrurtment of our CEO. a dedicated Fundraising and Developrnènt Ctrordinaior aThJ a regrade ol Finan￿ Worker to Finan¢8 C￿rdInat01. A pay revth wriUuLlwJ iii 2021 cesulted in new pay xaloJ which he￿ oltso b￿rt 6UPPOrted through re5ervas. . A continu8t1 Cowd respons• for our Triagè and somè èlements ol the Star Centre whK* saw dcmnfall in funds against a surge in local need. A strategy lo ensurè our new stsucturè Is sustainable and incorne 1$ suff￿4"ent to withstand our now pay structure has an implernented in 2023. This indudes se￿ring an ongoing unre5trict8d grant frorn The Steve Morgan Foundation which supports the CEO po$1, a significant uplift from the Integratèd Care Board, a strategy to maxirnise Health Education England Studentships to support both corg ttssts al the Siar C8titre and the surge in need from young peopl8. Wo alw $Kured our Triage ￿kar pKJst th[D￿h Ihe Ictal tnjsl P H Hott. As al 31 Mar¢tt 2023, the ¢*arity had reserves of £479.112 12022.. É684.3881. Indudèd wrthin these reseNès ara £134,95012022". t104.8541 of rèstnct8d funds Iseè note 191 and £214.449 12022.. £219,352) of designated funds Isaè note 201, Included In unrestricted funds are fixed assels totalling É89.588 12022.. £65,208). These fvnd$ ¢an onty b8 realised upon sal8 of these a$$ats. The had res¢M$ of £129.713 as at 31 March 202312022.. £360,182) PTlnclpl• Incom•lFund•rn The maiorty of our ir¢om8 coDtinue¥ to c£*m• Irom comNssioners induding Sefton Counul and Hatton Borough Counal Ifor our Housing and Farnity ¥Èrvthsl and Inlegraled Care Board IICBI Ifor our Mental Health and Wellbeing serwcesl and Hèalth Edwation England. Funding from Sefton Counol and the ICB support o cornmissioned Services and a￿ appli￿ within our a￿oUnt$ as ¢Jnrestricled income. ICB hjnding supports our Stsr Cenlr8 and this 1$ an ongoing seNce. nègotiated yearfy depe¢vJing on d¢mand. The funding re(*ivad from Sefton Council covers multiple programrnes. induding our Tumaround prograrnrne, our RaFJd Resettlernenl programme. and our eore family Senri￿. Hatton 8orou9h cou￿1 hjnd wr family support programmes delNered from our centre in Hallon Br¢)ok. Our grant from Heatth EdtKation England crnr5 the costs of trainètships and is a restrietad fund. We received £384,399 in ￿tricted granls from lunders I￿￿dIng The Comrnunity Foundats'on, The R9¥8 Fund, The Steven Morgan F¢￿ndat￿)n ond the Nat￿nal Lottery Cornmunty Fund. These grants SUPPOrt us to deliv8r work Out￿de of our commissioned Ser￿￿$ wrthin the oims and obie(*¥e$ of the funder. V•nu• Rgs8Th•s Pollcy Our reserves policy is rewewed on annual bags by our Trustees who agree the level ol rèsarves Venus need5 to accrue in the coming year Tnt5lees also agree the ltrvels of desgnat8d funds Ireserves wè accrue for specific reasons, such a3 redundancies or spetsal proieclsl and our unrestricled reserves (funds trusteès can allocate within our charitable airns and objectives) Our cutrènl reserve5 policy Is sel al 3 10 6 months wnning cnsts. This includes funds held in a designated cèssation fund which covers Ihe costs of redundancy should we need 10 or derAde to cease trading. Redundanw is set at (he 51atutory mmirnum. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Risk Manag•m8nt Thè Iru5tees have a risk management strategy bw L))mWise5'. An annual review of the principal IFsk5 and uncertain￿$ Ihat Ihe charrty fac8S,' The establishmènt of polries. systems and procedu￿5 lo mth.gata those risks identified in the amual revtew.. ana The implementats'on of proceduies dèsignèd to minimise or manage any potential impa¢t on the charity should those risks malerialise. This work has Identifi￿ thal finanrial suslainabilty is Ihe maiy financial risk for the charity. A kèy dernenl in the management ol financial risk is a regular rèvw ol available liquid funds lo settle debts as they fall due. regular liaison with the bank and active managernent ol debt￿S and ¢redilors ￿an¢￿$ to gnsure 6ufficAenl Y+Y)rking capital by the charity. Attention has also been fcKused on non.finan¢ial ii5k arising f￿ fire. heatth aThJ safety of seNce usars, Stsff and volunteers and eath speafic proje¢1 and area ol work. These risks a￿ managad through regular assessment. actions taken proMp￿Y lo reduce any Issues or'near rnisses,. having rgbusl polioes an¢J pro¢¢dures in pla￿. and regular awareness training for stair working in opwational areas. work Ellis Whittam. whom we hav• contracted lo support us wsth Human Resourc&s and Heatth and Safety lU￿10n8. Structur•, goY•man¢g and man•ym•nt The Charity is a company Iirniled by guafan18e, incorporated on 12 Dwmber 1995 and regiStar¢d a6 a tharrty on 17 April 1996. The charily was establish￿ under a MemoraThJum ofAssocialion which éstablished the objsds and powers ol the company and Is go¥ern¢d under its Artidas ¢*f Assoryalion. The torn ￿he oimpany. indu(Jes r¥ference lo the registered chanty, where appropriaw. Th• Irusiees. who are also the dir•dor5 for the purpos• of oynpany Ivw. and vtt#) sor¥ed during the￿¥r and up to the dale of signaturè ol tho finanryal ststements wère.. Emma Bush Ichairl Pat Reynolds (Vice Chair) Olubunmi Adefajo (Treasurer) Helen Marshall Isafequardtnol Emity Clark Helen Condran Barbara Dutton Cliodhna Judge Jacqueline Marsh Appoln¢ment of Truste08 As sel out In the Articles of As$￿￿atIon. the Trustees a￿ electad by members of the Charrtab￿ ¢ompany attending th6 Annual General Meeting. Organlgatlon The board ol truslees administers the charity The board nom￿lty meet every &x wéèks. When necessary and 8pproprigte, the charity convene5 SU￿￿rnmitIeeS or task and finish gmup% t4) fA>VP.r isqiip.q qiieh as dgvÉ¥loprnent. meTnbership. finance and audit. The Chief Executive is appointed by trustee5 to rnanage the day io day operats.￿S of thè tharity. To facilitate effective operations. the Chief Ex￿Jt1¥e has de￿gated aulhority. within the temis of delegation approved by the trustees. for operatEonal matters ￿K1￿ing finatxe, employrnenl and servicè ddivery actrwty. 12- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Trustee Induc￿On and ¢raining New Injstees undergo an 1ndL￿￿n to brief them ￿. Their legal obligations under tharity and company law The Charity commissi￿ guidan￿ on public benefft Thè conlent of thè Memorandum and Arts'des ofAssoaation The cornmfftee ano ¢e¢ision Ma￿n9 prO￿5S Thè busiTres¥ ￿an and recent financaal ￿rfOm)ance of thè charity During the induction process, they meet ernpkjyees and othar tnjslees. Trustees are encouraged to attèné appropriate extemal training events where these will facslilate the undertaking of Iheir rc4e. Pay polley lor ¥enlor 8taff The tru51è8S consider that Ihe board of trustees and the sen*)r management tearn cornprisè the key rnanagernenl personnel of the charty, in charge ol directing and controllin9, running and operabng the chafty on a day to day basis. All trustees give Ihèir bme fwly and no Irusiee received remuneration in the year. Dotails of trustèès èxpenses and r8laled party transactions arè dlsdoBed in the accounts. Thè pay of the senior slaff is re¥itwed annually and normalty inueased in aco)rdan¢e wrth al least inflation. In wew of Ihè nature of Ihè chanly. the trus18es benthrnark against pay levels ITh glher organisaih)ns of a similar size run on a voluntary basis Tha iemuneralion benchmark is the mi&poinl of the r¥ng• paid lor similar roles adjust8d for weighting ol up lo 30% for any additional responsb1li￿"es. Audltor In accordance wKh the cornpanls artK*8. a WOP05in9 Ihat 8WN te r8apwnted 8$ audltor of tho company will bo put al a General Meeting. Dl•clo•ur• of Inform•llon to audltor Each of truslegs has confirmed that Ihere is no infomialion ol which they are 8ware whlch is relevant to the audit. but of which the auditor is unaware. They have fvrfher w)fimied that they have takèn approprial¢ steps lo Identfy su¢h relevant infom)alion and ￿ establish thai th8 audrtor ￿ &¥are of Sud) Infomiabon. Small Company provlslon• This report has been preparèd in acc4ydanca with the speoal prwsions relabng lo small cornpanies within Port 15 ¢f th8 Companies Act 20C6. The trustees, wport was approvèd by the 8oard ofTNstets. Ernma Bush (Chair) Tru•t•e Date.. 13- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2023 The trustees. who are also the difectors ol Venus Working creats.vely wilh Young Wornen for the pUrpts￿ of company law, arè rèsponsible for praparing the Trustees, Report and the finanoal slatements in accordan￿ with applicable law and United Kj'ngdom Aco)unbng Slandards (United KiThJdom Generally Actspted Ac￿￿nting Practice). Company Law requires the Iru¥tee5 to prepare finan(xal stslernenls lor eac* financial yeaf which givè a true and fair vi•w of th• *lal• of affair* of th• charity 2nd of th• In¢¢min9 r•$our￿ and applieaiion of r960ur￿B. indudin9 thc income and expendilure. of the charitable company for that year. In préparing th¢5¢ finanryal slaternénts, th¢ trustees are required to.. - select surtable accounting poltaes and Ihen apply th•m ¢Msistonty'. - observe the methc#Ys and prinoples in the Chan1￿ SORP: - make judg8rnenls and 8Stimat&s that ar8 reasonabK8 and p￿￿nI,. slate whether applicable UK Accountsng Standafds have betn folltyvsd, subje¢1 lo any material d8parturo8 disclosèd and axplainéd in the financ¢al slat¢m$nts,' and prepare the finanaal slatemenls on Ihe goin9 eon¢om baw unless 13 inappropriate lo preS¢jn￿ that the charity will continue in operatiorn. The twslees are responsible for keepng adequate acxounts"ThJ rec(Kds Ihal disdos• %wth fy8son8ble accuracy al any lirne the finanial posrtion ol the charity and enablè thèm lo ¢n$ur¢ that Ihe financial statements cornply wth the Companias Act 20C6. Thèy are also r8sponsiblt lor safeguarding the assels of the charity and h&nc• for tsking reasonable $lep$ for the preventiryTr and d￿ecIOn of fraud and oihef Irrngu￿rths. 14_ VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF VENUS WORKING CREATIVELY WITH YOUNG WOMEN Oplnlon We have audited the finanoal statements ofvenus Working CreatNety with yO￿g Women lthe'd)arily'l for the year ended 31 March 2023 which comprise the 51alement of financaal activilies. the balance sheet, the siaiemenl of cash flows and notes lo thè finanoal statements. induding signifiGant acwJnling poliries The finan￿31 reporting framework that has been ap￿led In their preparab.on is appluble law ané United Kingdorn Accounting Standards. including Finanoal Reporting Standard 102 The Financ￿1 Repyb"ng Standanl aPphe￿ in the UK and Republ￿ ol IrelaiiLI IuniieU ￿llY{lU111 Gvii¥idlly A￿￿PIe￿ AC(A￿nting Pra￿1¢¢) In our opinion, the finanrAal 5tatemonts-. give a true and fair ¥Aew of the slate ol the chants￿e companys affairs as at 31 March 2023 and of ils incoming resourw and applicalKJn of r9¥ou￿8S. induding ineortw and expenditure, for thè year then ended, have been proparfy prepared in 8crgJrdonc8 with Unrted Kj'nodom G8n•rally A(xepted A¢¢ounbng Prxtice.. and ha￿ prnpared in arxord¥nts vAlh th8 requirernonts of the ComwiesAcl 2CQ6. Ba•1• lor oplnlon We ¢onductèd audit in a¢¢ordancè wth Inlemational Standards on Audib'rtg IUKI {ISAs IUKII and applicabla law. Our responsibilities under those standards a￿ fvrther de5uibod in the Audi10￿8 Trsptsn&thlrtos for the audit ol Ihe finanGi81 slatgments sectK)n ol our r8port. We are indynd•nl of the chanty in acrordane8 Wth the ethical requirements Ihat arè relevant lo ou¥ audit of the finarbrial 51ai•ments In Ihe UK. induding th8 FRC'S Elhical Standard. and we ha￿ fulfilled our other elhieal r8spcnsibillt￿S in accordance v•th these requiremènts. We beI￿ve that the audit ewdencè we have obtained is 5uffiei8nt and appropriate tg provKle a ba￿$ fc¢ our opinion. Con¢luslon• rglatlng to golng Concgm In auditing thè financial slalements. w8 have conduded that Iha trustee5' ustr ol tho going c#)ncem ba51$ ol 9￿ounting in the Pfeparab'on of the han¢Yal $tatsm8nls is apywat•. Based on the Wofk we have perfom8d. we have rK>I idèntthed any material uncartainties relaliro lo ev*nts or conditions that, inéividually or ojlectl￿ly. may cast sWnffi￿nt d￿jbI on the charity's ability lo ￿tinUe as a g￿ng concem for ¥ pariod ol al leasl h¥elvÈ months from when Ihe financbal stalemen¢s aro authoris8d for Issue. Our ￿sponSIbl11￿.eS and the reSpC￿￿1bl1i￿.é5 of tho trustees with rèspect to wng concom af¥ d8scribed in the relevant sections of this r8p)rL (hh•r Inlomiatlon The other inforrnalion r￿mpriseS inlomiation induded in thè annual report olh*r than thè finaryial statements and our auditots report there(￿. The tru518èS are responsible lor the other Inlorrnation containèd wrthin the annual report. Our opinion on the finanrAal slalemenis doès not oJver the other inlormatKJn and. except to the extent olhènvise expliotly stated in our report. we do noi •XFwess any lo￿ ol assuran￿ ojndusion thereon. Our responsibility Is to ￿ad the olh$r InlormatK)n and. in d￿ng so. consider %theihèr the other inforni*'on 15 materially inconsistent with the financial slatemenls or our knowledge obtained In Ihe coutse of the audit. or otherwise appèars to be rnaterially m15slated If we identify such material incons151enoes or apparent material misslalements. W8 ar$ required to determine whether this gives rise lo a material rnisstaiement In the finanoal staternents themselves. If. based on the work we have performed. we Cor￿Ude thal thwe is a material m1ssta1err￿nI ol th15 Other Inforniation. wè a￿ required to report that fact. We have nothing to rewt in Ihis r8ga(d. Opinions on other mattern prnscrfbed by th• Companlgs Act 2006 In our opinion. based on the work Un¢]ertak￿ in Ihe course of our audrt.. the information given in the truslee5' rey)rt for the fina￿al year for whith the finanryal statwnents are prepared, which indudes the dire¢¢ws' report prePa￿d for the purw)se5 01 company law. is ¢fyrsistent wth the finanaal statements.. and the directors, rewrt induded wrfhin Ihe Irusteès, report has prepared in actsydan￿ with appl￿ble legal requ5remenis. 15- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF VENUS WORKING CREATIVELY WITH YOUNG WOMEN Matters on whlch we arg rwuirgd to report by •x¢eptlon In the Iighl ol the knOw￿dge and understandillg of Ihe chanty and its enwronmtnt obtained in the course of the audit, we have not identffied material misslalements in the diredor5' reFK)rt induded within the trustees. report. We have nothing lo i•port in respect of Ihe lollwng matters in reL4tion to the Companies A¢X 21x6 requirès us to report to you if. in our opinion.. adequate acLounling ￿CordS have not been kèpt, or r￿Um$ adequate for our a¢Jdit have not been received from branches not visitèd by us." or the financial slatemants arè not in agreèment wilh the accounts'ng records and retums", or certain disclosures of trustees. remunerabon spèafied bylaw are not made.. or we have not received all the information and explanatK)ns ￿ require for wr audit.. or thè Irust8es were not entitled lo p￿pare the finanoal statements in acts)rdance with the small compani8$ regltne and take advaniage of ine smaii companies. exempuons In prepartng the Irusiees, repon ana Irom th¢ requirernenl lo prepare a stralegK report. Re•pon•lbllltI￿ of tru•te•• As explained rnore lully in the stalemenl of InJsl8es' rnsponsits"lrt*s. the tW51ees, who are also the director$ of the charity lor the purpose ol company law, ar¥ ￿spOnsible for Ihe ￿parall0n ol the finanaal stalefflènls and for being satisfied that they give a true and fair wew. and lor such intemal conlrd as the Irusiees deterrnine is necessary 1¢ •nablè tha preparation oi finanryal stalements Ihat are free from matenal missiaiement. whether due to fraud or error. In preparing the financial slalements. the trustees aré w$ponsible for assessing the charity's ability to continue as a going concem. disdosing, as applicabl?. matters related to going CLIn￿rn and using the going concem basis ol accounting unlèss thè tru51ees ether intend to liqU￿ats Ihe Cha￿tabl¢ o)npony or to caa OP8r8tion$, or hav¥ no realistic allemalive but to do so. Audltorfj rg•pon•lblllt1￿ lorth• •udlt olth• Ilnanclal •tat•m•nts Our objectives are lo obiain reasonable assurance about whelher the finanoal statements as a are free from malenal misstatement. whether due ¢0 fraud or error. and lo issu• an audrtofs rèport that includes our opinion. Rèasonable assurance is a high level of assurance but is not a guaranièe that an audit conducted in accordance with ISAS IUKI will aways delea a rnatenal misstatement when rt exisls. Misslaternents can arisè from fraud or error and are Considèr￿ maisnal rf. individually gr in Ihe agg￿gate. they could reasonabty be èxpected to influenee th• economi d￿s1￿$ of users i•ken on Ihe basis of Ihese fina￿* stst8m8nts. Irregularitie$, indudin9 Iraud. are instances ol non-cornplianc• laws and regulations We design proc6dure$ in line with our responsibilities, outlined above, to d•t•La material rnisstslements in ￿SpeCt of irTegularit*a5, including fraud. The extenl to which our procedures af* tspable ol detecting irreguL4rities, induding fraud. is detailed below. Extent to whl¢h the ¥udli was ¢on•klered ¢apabl• of d•tsctlng Irr•gularSlb•#, Includlng fraud Our approach to identrfying and a$5es5in9 the risks of rnaterial misstatement in r•sr¢< Of irre9uiqrities, induding fraud and non-cornplian¢g with and regulalKJns. was as follv*YS". the engagement partner ensured that tha èngagernenl team c￿l￿b¥elY had th8 approysat• compelence, capabilities and skills lo thntsfy or recognise non-cornpliance wth applicab￿ law5 and regulations.. • we identified the laws and regulalions applicable to Ihe company through discussions with d1￿CtOrS and other Management". we focused on speafic laws atKJ regulations whKh we cOns￿e￿ may have a direct rnaterial effect on the financial statements or the operations of the o)moany, induding the Cornpanies Act 2￿6. taxation I￿lSIatIo[l and data prote1x1(￿. anli-bribery. employment and heath and safety ￿gISlatiOn.. we assessed the extent ol Complian￿ with the laws and regulabons identified above thfough making enquiries of management and inspe(*ng legal mrTespOndeTh￿.' and identified law5 and regulalions were rA)mmunicaled wrthin the audit lèam ragularty and the tearn ￿maIned alert to inslance5 of non{>Jmplian￿ thmugfv)ut the audrt. 16- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF VENUS WORKING CREATIVELY WITH YOUNG WOMEN Wo assessed the susc8Ptibility of the company's financial statements to rnaterial missiatement. induding obtsining an understanding of h(yw frau¢J myhl 0￿Ur, by-. making enquiries Df management as to where they ojnsidefed Ihere was susceptibilty to fraud, th knowledgè of actual, suspecteJm•ntation', reading the minutes of mèetings ol Ihose tharged with governa￿." and • enquirin9 01 rnanagernent as to actual and potenbal $rt￿allOn and daims. Thar8 are Inh¢ffjnt limitations in our audrt procedure¥ dascribed above. Th• more removed Ih31 laws and r￿ulationS are frorn finanual transa¢aitins. Ihe ￿$S li%ely it is that we would beeomè aware ol non-Q)mplianc•. Auditing stsndard5 a150 limit the audit proc￿ul￿ required to idèntify non+￿Mp￿nC+ wrth taws and regulations to *nquiry ofthe direcm and other rnana9emént and the inspedW of regulat￿ and l¢g81 correspondence, rf any. Malerlal rn15518tem8ntS Ihat aii¥e due lo fraud can ￿ harder tts dtste￿ than thoa• th*t orise from error as thèy may involve deliberatè eoncealmenl or ojlusion. A further descriplion ol our re5pOn$ibilit￿S Is available on thè Financaal Reporting Counal's websrto 81.. https'.11 wvn¥.frc.org.UkJaudrtors￿sponSIb.Iitle8. Thi$ d8scriptvJn lorn¥ part ol cwjr auditorfs rew1. U•0 of our rnport This report is made solely to the charitable cy)mpany's members. as a body. in acxordance wrth Chapter 3 of Part 16 of the Compan￿$ Act 2￿￿. Our audit work has beèn uThJertaken so that W8 might stste lo the chantatle company's member5 those matters we ar• required lo slate lo thém in an auditorfs r$pK)rt and for no other purpose. To the fullest extent pèrmrtted by law. we do not accepl w assume ￿Sponsib.11ty to anyone other than tha olarilable eompany and the charitsble cornpany's members as a l>th. for our audit work. for this report. or for the opinions we have forrned. Louise Casey ACA (Senlor Staiutory Audltor) for and on behalf of 81WThI Chartsred Accountants statutory Auditor Tempest Surte 5.1 12 Trthebam Street Liverpwl L2 2DT 17_ VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIARCH 2023 Currgnt financial year Unre¥tricted Restricted funds lund• 2023 2D23 Total Totsl 2023 2022 Not•s Donations and legaca&s Charitable activities Investments Other income 20.262 1.085.649 857 27,116 20.262 384,399 1,470.048 857 27,116 13.429 1,643,917 42 13,191 Total Incom• 1.133,884 384,399 1,518,283 1,670,579 Charita￿e activities 1.326.543 397.018 1,723,559 1.629.827 Net (ex￿nd11￿￿￿1n¢om9 b•lorn trnn8f•rn 1192.6591 112,61n 005,2781 40,752 Gross tran$l*r$ t¢Wn funds {42,7131 42,713 Not l?xpendlturelllncom• lorth• y•*rl Nèt movernont In funds (235.3721 120S,2781 40,752 Fund balances •1 t April 2022 579.534 104,854 884.388 643.836 Fund balanc￿ at 31 March 2023 344.182 134.950 479,112 684.388 The statement of financial actMti&s I￿ud8S an gain$ and losses recognised in the year. All Incom• and expenditurè de¢ive from ¢onbnuing acknties. The stalernent of finandal athwtses also com￿1#S wNh the requirernents for an inc(*Th aThJ •xpanditure account under th• Companiès Act 2￿fj. 18- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIALACTIVITIES {CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Prfor financlal year Unr•8tricied Restricted funds funds 2022 2022 Totsl 2022 Notety Donations and legari¥s Charitable actsvities Inve5trnènts Other incorne 13.429 1.227.733 42 13.191 13.429 1,643.917 42 13.191 416,184 Total Ineom• 1.254.395 416.184 1,670,579 Charitable actiwiio$ 1,239.349 3￿.478 1,629.827 Nèt l•xp•ndlturglllncom• b•lor• tranjforn 15,046 25.708 40.752 Gro￿ IranslerB betr￿Th funds 1• 27,019 127.0191 Ngt {ex￿ndItuTe¥llnCQrn¢ for th• y•arf Not movgfflent In fund• 42,C65 11,3131 40.752 Fund balanc•s at 1 Aprt 2021 537.469 IC6,187 643,836 Fund bol#n¢•• at 31 Ma￿h 2022 S79,534 104,854 684,388 19- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT31 MARCH 2023 2023 2022 Notes Flxed assèts Intangible assèts Txnaihlp aiqp.*q 12 13 78,221 11.36S 54.421 10,787 89,586 65.208 Current a>••ts D&blors Cash al bank and in hand 15 209.6&9 2S2.931 296,657 480.710 462.587 777.367 Cr9dltor•'. afflounts falllng duè wlthin one year {73.￿1) {158.1871 Net current assets 389.526 819.180 Total 48a*ts l••• Gurr•nt Il•blllU•4 479,112 Income lundg Reslricled fund$ 19 134,9 104,8S4 Designated funds General unrèstr?cléd lund$ 20 214.449 129.713 219.352 360.182 344.162 579,524 479,112 684,388 These finaKAal stat8mènts have teen wepared in accc¥dan¢¢ wth the proVis￿S app]￿bItt io ￿)rnPan￿aS subject lo the small companies regime. Th8 frn8n¢ial stslernents were approved by th• Trustees on ...... Emrna Bush Ichairl Trustee Company reglstratlon nUm￿r 03136727 VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Nots• Ca¥h flows from operating a¢￿¥1119$ Cash absorbed by operatsons 25 1197.6981 1134,3881 Inv•stlng actsvities Purchase ol Intangible assèts Purchasè ol tangible fixed assets Investment incorne raceived (23.8C#)I 17,1381 857 154.4211 42 Not eaih u￿d In Inv•$tlng a¢tlvlll8• (30,081 165.4951 Ngt ealh u••d In financlng a¢tl¥lV4• N?t d?crna8• In ¢a•h 4nd Cash •qul¥abènts (227.7791 1199,8831 Cash and ¢ash 8quivalefit$ at b8ginnin9 01 year 480.710 880,S93 Cash and ca$h •qulY•lonts It •nd of year 252.931 480,710 21 VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting polici8• Charity ln10mM￿on Venus Working Crealivdy with Young Women is a pnvale company Iimrted by guarantee incorporated In England and Wales. The r8gistèrsd gffice is The Venus Cenlre, 215 ￿naCr9 Lane. Booue. L20 6AD. 1.1 Accoundng cOnv•n￿on The finanaal slalements have b88n wepared in xwdanch wrfh thè ¢haritls goveming dooJm8nl. the Companias Act 20C6. FRS 102 "The Financ4al Reporting Standard appluble in the UK and Republic ol Irèland" fFRS 102.1 and the Charities SORP 'Accwnts'rrtJ and Reporbng by Charilits" Statement ol Recommended Practice applubla to tharitses preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Rewblic of Ireland IFRS 1021" leffects've l January 20191. Th8 eharity ID a Public Bcncfrt En￿'ty 0¢ dcfincd by Ffts 102. The finanaal slat•m8nts are preparod in sierfiThJ. whth is th8 fun¢l]onal ￿rren￿ of the L*arity. Monetary amount$ in Ihese financaal slalwnents are rounded to th& neafysi £. The finanoal staiemènls havè been prepared undef the ts$￿1¢91 o)$1 t>)nventk)n. The prinapal a¢¢ounting poll¢i¥$ adopied are sel bekny. 1.2 Go5ng ¢on¢?rn Al thè time of apprown9 the finanaal slat8ments. lhg Iwstses have a reasonab￿ 8XP8Ctabon that Ihe charity has adequate ￿SOUr￿$ lo continue in wrational existence for the I0￿seeable lulure. Thus the tr￿t8•S continue lo adopt the going concem ba$1$ of accounts'ng In preparing the finanrial siaternents. 1.3 Charltable fund• All incoffle and exp8nditufè togalher wilh gains and lossas ar• anocated to a sfftfic C*arItab￿ fvnd. Un￿9¢rIcted funds are availab￿ to spend on aclmtos that further any ol the pufwJs•s of the thafity. DeSIgnat￿ fvnds are uTrresth'ded hjnds of the chanty whKh the Irustee5 have deadod at their d*cretion lo set aside lo use for a speufic PUfPOS•. Furthèr delails of designaled funds. logèthef wilh Iheir purpose. a out in note 20. Reslricled funds are donal'ons which Ihe doTh)f has speofied are lo be used solely for parti(%lar areas of th8 charity's work or for speufic projeds being Undertaken by the tharity. Further delails ol restn.cted funds, together wrth thali purpos¢, s￿ ¥et out in note 19. 1.4 Incom• Incorne is recognised when the thanty has enirtlèmenl lo the hjnds. any perfomiance conditions attached to Ihe itemlsl of income have mèl, it is prObat￿e that Ihe irthne will be received and the amount can tse rneasurèd reliabty. Income from g0￿Mmartt and othw grants. whelher'caprtal. grants or'rèvenue, grants. is recognised when Ihe charrty ha5 entrtlefflent lo Ihe fvnds. any perfomiance conditions allached to the itemlsl of inctsme have been mp.l it iq prnhAhlp. IhAt the in(fjm• will bg rgceiv@d and the arnount can b9 rn93sur•d rgliably and is not deferre(l. Interest on funds held on deposit is Tnduded when receivable and the arnount can rneasured reliably by the charity., this Is nom)ally upon notifixbon of the inlerest paMI or payaNè by the bank. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 A¢counting poll¢l•s l¢ontinuedl 1.S Expenditure Expenditure is recognised once there is a *al or constnJthve obligabon to transfer ecL)nornic benèfit lo a third party. It is probable that a transfer of 8t￿0M1¢ beneffts will be wuired in settlement, and the amount ol th• obligation c2n bg mpaJnised at cost and are sub3¢qu•nUy measured al cost1g$$ occumulated arngthsaiion an¢J K￿M￿lat•d Impainnent1tssso$. Amortisation is recognis8d so as lo off th8 CQSt or vall￿10￿ ol assets less Ihèir rèsklual values ov¢r Ih•lr uselul lives on the follcming bases.. Web8ile- und¢r consthxtsc Not d*preaated The websh6 Is ￿rro￿ttY under con6trucbon and therefcKe Mi us• so Tr) amorbsation has bean charged. 1.7 T¥ngSbl• flx•d a•¥•t• Tangible assets ar• slated at cost lèss ac￿MU￿?ted (lepracialion and ￿￿mUlated irnpairrnenl lossas. The cost indudes the original purchase wic8. costs diredy altn"t￿Ne to bringing tha asset into it$ worklng c4)nditlon for rts inlend•d use. disrnantling and restoralion cosls and IKmW¢'ng costs eapitalised. Plant 8nd machinery ané fixtures. fittings, t(￿lS and equifftnt ar8 stated ai ¢ost ￿ a¢)xmulated deprery4ti¢rt and acturnulated impaimient losses. D8pr8ciation is prowdtd at the lonowing annual Tales in ord8r lo wrrte each asset off over ils anliipalÉd us•ful economic life. A full yeals ¢Jepreriatiofi d)arge is charged in yèar of acx]uisititin and no depreriation is tharged in the year of disposal. Short Leasehold land and buiklings Fixture5 and ￿uipMent Moior vehides Strai9hl linè basis over 5 years StraKJhl line ba$1$ over 4 years stra￿h¢ lir￿ basis over 4 year5 Subsequent cosis a￿ indu¢Jed in the assels carrwThJ arnwnt or r•ttrfJnised as a separat• asset. as appropriate, only when It is prOba￿e Ihai ewnomic benefrts assocaaled with the item will flow to charitable eompany and the cost can be rnea￿red relKably. Repairs. maintenance and minor inspection o)sts are expew¥ses as ir￿1￿. The gain or loss all51llg On the disposal of an asset is deieffliined as the difference between the 3alè proc•eds and ltte carrying value of the assel. and 15 recognised in the 51atemenl of finanual activities. -23- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounting pollclgs l¢ontlnu•dl 1.8 Impairment of fixed assets At 8ach reporting end date. the charrty thè carryin9 amounts ol its tangible and intangible assets to delerrnine whether there Is any indicats.on Ihal those assets have suffered an irnpaitmenl loss. If any such intl1r￿1inn P¥iJ]niqHrl Al tranqartiM prit• unl•$$ the arrangement constitutès a finawry transaction, where thè dèbt insirumenl is measured al the P￿Sent valua ol thè luturè payment5 discounted al a ma(kel rat¥ of Enigiesl. Finanaal 1rd￿'ll￿aS dassifvad as payabla within one year a￿ nol amortised. Debt instrumants arè subsewénty ￿rrIed at amoth'sed eost. using the effeclr¥e interest rale m8th0d. Trade credrtors are oblsgatsons lo pay lof gL￿d$ or services that have been a(y4uired in Ihe Ordin￿ cA)urse ol operations frorn suppliers. Amounts payablè are da$5ffied as current liabilrties if payment 1$ due within one year or ￿ss. If not, they arè prèsented as nOn-f￿rrenl liabilitRs. Trade (xeditors are rewgnised initially at transaction pricè and $ub8equenUy measured at arnorbsed cost u$ing the eifethve interest methL¥J. De￿ognition of flnanclal Ilabllltl•$ Finanoal liabili￿.eS are derecognised when thè charitys cxyTrtractual ot4vJations expir8 or ar¢ di5tharged or cancelled. 1.11 Taxatlon The charity us exernpl fvorn lax on incorne and gains falling wrthin section 505 of the Taxes Act 1988 or section 252 of the TaXal￿n of Chaigeable Gains Act 1992 to thè èxtant thal these a￿ appl￿ lo its th8rrtable objects. -24_ VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 AccounUn9 policios Icontinuedl 1.12 Employe? benefits The cost ol any unused holiday enlitkn￿nI is recogntsed in Ihe ￿riod in whth thè ampk)yee's seNce8 arè received. Terrnination benefits are reeognised imrnediatety as an expense when the charity is dèmonstrably commrtted to lerminaia thè employment of an employee ￿ lo prowde tennination beneffts. 1.13 R•tlr•mont bengfits Paymants to defined conlribution re11rem￿l benefit sthemes 8r¢ ¢harged as ￿ expensa as they lall due. 1.14 L•a•?• Rentals payable under operating leases, induding any lease inc•nlThi8s rocewed, aro c*arged as an expen on a straight line basis over thè temi ol the relevant lèase. Crltlcol aeeountlng ¢1￿m•￿8 And ludgoments In the application ol the charily s accounting polKAes. the tnjslees are rèqulred to rnake judgèments, estimates and as5Urnpl￿ns about the carrying amtyjnt of assel5 and l￿bIlitIeS that ar8 nol readily apparoni from other Soufces. The estimates and assogatèd assumptions art bas8d on hislori¢al *xperi8nce and othor faCt￿S that are considered lo be rtl•vant. Actual rèsutts may dffler from these estimates. Tha 8stimales and undètyiThJ assumwions are revi￿9d on an Ong￿￿9 ba*8. Re￿￿on$ to artounting estimates are recognised in the period in the eslimat? is rewsed where thé rewson affects (nly that period, or In the period of ¢h¢ revision and future periods where th8 rewsion 8ffe¢ts both current and futurè padods. Th¥rè were considered to b8 no ats))unliTrg esbmaw or judgements applied In the prepaffjtion of thestr finawal stalemenls. Oonallon¥ •nd l•ga¢l•• Vnmtrlct•d Unre4trtctgd lund$ fund* 2023 2022 [k)nat￿n$ and grfls 20.282 13,429 -25- LO ¢ t7& !} i" Iliii I, <3tr VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Charitsblo actlvltles Icontlnuedl For the yeor onded 31 March 2022 F•rnlty HO￿Ing Hub M•*t•l H••tth and Youth Justlc• Cor• Ip[￿ 2022 Traineeships and Sacondrnenls Comrnission8d Serwces Performance relat￿ grants Housing Benefits Othw incom8 294.646 388.938 1C6.529 39,085 21,341 107,830 335.095 689.178 453.048 151.938 14,658 186.1rx) 118.070 120,619 151.938 4,467 180 9.051 310,QJ1 245.197 123.119 788.293 177.307 1.643,917 Anaty81s by fund UnrestrKi8d funds R•stricled funds 221,931 88.070 245,197 6.180 116.939 687.169 101,124 87.258 1,227,733 110,051 418,184 310,(Q1 245.197 123.119 788,293 177,307 1,e43,917 Imiutmgnts Unrgstrlet•d Unmtrictad fvnd• funds 2023 2022 Inlwèsl rec*ivabl* 857 Oth•r Incom• Unrestrlcted UnMtrl¢¢ed funt1s funds 2023 2022 Insurance daims 27.116 13,191 Tr-o ¢JJ •p)W a00￿00￿) VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 Charitabl• a¢tivities leon￿￿￿ed) For th• ygar ¢nded 31 March 2022 Famlly Siipphrt Houslng Support Hub Mental Servic•¥ Health and Youth Justice Total 2022 Staff costs DepreciatK)n and impairment Provisions lor service users 0￿rheadS R8nt Other Other staff co6t8 272.188 118.458 80,454 598.651 141,875 1,211.626 4,814 14,244 33,208 4.814 93,136 210.391 61.314 1.76S 38.059 5.518 33,199 29.403 9,787 61.314 43.758 34.374 213 99,823 1,699 59 38.059 312.604 218. 158,se6 898,687 232.259 1,621.105 Shaw ol govem8n¢¢ ¢osts (see notè 81 8.722 8,722 312,804 218.989 158,586 898.687 240.981 1,829,827 Anaty818 by fund Unreslrrled lunds Restrict8d lunds 223.599 89.COS 218.989 58.764 556,244 142.443 181,773 1,239.349 59.206 390.478 312.604 218. 158.586 698.687 240.981 1,629.827 Sypport co•ts Support Governan¢• costs costs 2023 2022 Audit f8es Aecounlancy Legal and professional Governan￿ o)51s 6,355 4.745 29.228 8.355 4,74S 29.228 463 4,240 4.482 40,791 40,791 8,722 Analysed between Charitable aL1ivits-es 40.791 40,791 8,722 -29- VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Auditorf$ remunerntSon Fo•s payable to the charitys audltor and a*JociatsJ: 2023 2022 ALrflit ol thg chantyg annual xts)unts 6.355 4.240 Non-oudit ••rvSc All other nI￿audI1 services 4.745 10 Trusts•• Non• ol th¥ trustees lor any persons cenn¢ded wilh Iheml receNed any remunerats'on or b8n¢fits from thè tharily during the year. 11 Employ99• 1¥ ￿¥¥I<*Y¥ iiiviillily siurnter ol ompwees ¢JJnng TTh8 year was.. 2023 Numb•r 2022 Numbar Admini¥tration and finan Managtm&nt Supwrt 45 48 Total 57 58 Employment costs 2023 2022 Wages and sal8riè$ Sou'al seojrily costs Olher pension costs 1.223.970 91.893 41,997 1.098.881 84.825 27,920 1,3S7,8 1.211,626 Thère w•r8 no employees whose ann(Fal remun•raDw was more than £60,COJ. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 12 Intsngibla flx•d assets W•bsrto- und•r¢onqtruciion Cost Al 1 April 2022 54.421 23.800 Addition3- ¥eparotcty acquired Al 31 Marth 2023 78.221 Amortlsatlon and Impaim•nt At 1 April 2022 and 31 March 2023 Carylng omount At 31 March 2023 78,221 At 31 M?r¢h 2022 54,421 13 T•nglbl• flxod •¥**ts Sthort Fl¥lurnB indlArth¥•hW L•#•hold •qulwY* T4)1•l Iwlldln Co•t Al 1 Aprtl 2022 Additions 80,271 28,159 7,138 10.418 98.848 7,138 At 31 Ma￿h 2023 PJ).271 35,297 10.418 105,988 Dopr•clallon and Impalrment At 1 Awil 2022 Deprèoalion char9ed in the year S3.473 1.699 24,170 4.861 10,418 88,[61 6,560 At 31 March 2023 55.172 29.031 10,418 94,821 Caryln9 amount At 31 March 2023 6,2 11.386 At 31 March 2022 3.988 10,787 14 Flnaneial instruments 2023 2022 Carrying amount of financial assets Debt instruments measured at arno￿$ed cost 349,431 430.384 Carrying amount of financlal Ilabilitios Measured al amorti5ed cosl 87.271 157.656 31 VENUS WORKING GREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 15 Dèbtors 2023 2022 Amounts falllng du• wrthin on• year. Trade dèbtors Olhor é•btor$ PrspayTTrents and ac%rued income 94.109 2.391 113.1 215,192 81.46S 209,656 298,657 16 Cr*ditorn.' amounts falllno due wlthln on• y••r 2023 2022 Nots¥ Other taxation and SOU￿ se¢urity Deferred incom8 rrade Creditors Vlher creditors Ac¥yuals 3.573 22.580 15.050 5.658 28.220 531 63.391 41.834 7,525 17 73,061 158,187 17 D•l•rY•d In¢ome 2023 2022 Other deferred incorne 22.580 63.391 Deferred in¢om? is inc4uded in th• financial 5talemenis as folbJvs.' 2023 2022 DèlèfTed incorne is induded wrthin.. Currenl liath'lities 22.580 63.391 Movements in Ihe year". Deferrèd income at 1 April 2022 Released from previous teriods Resources deferred in the year 63.391 163,3911 33,051 133,0511 63,391 Defer￿d incomè at 31 Marth 2023 63,391 VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 18 Rèoroment benefft schm Dgfintd contrfbutlon s¢hemg9 The charity operates a defined (xjntribution pension stherne fof all qualifying 8fflph)yees. The assats ol the schème are held separately from those ol Ihe charty in an inderRndently administered fund. The c*arge to profft or k)8s in fèspect of defined contribubon 5L*8mes was £41,99712022- £27,920). roroo oj o (o ro ¢TJ o gg tyn P4 Vi ¢c* UJ oqioi - Vi Ui O z Éru C *) *811111211111135lsl WW?(ti(nILO)￿v￿ZlL￿￿J￿￿I Jco E85 Jiu c cc uja VJO (9th U ILO Cick do Uv VENUS WORKING CREATIVELY WITH YOUNG WQMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 20 Deslgnated funds Thè income funds ol the charty Ir￿Udg the follcMiThJ designated fvnds whh* have b8èn s8t aside out of unreslricted funds by th8 truslees for speak purposes". 8al•n¢o at 1 Aprll 2022 Tr•nthrn 84lan¢• at J1 Il•rth 2023 l Aprtl 2021 Fixed Asset Fund Cessation Conts'ngency Fund Ullllly Fun 4,485 109.616 60.723 19,528 85.208 129,144 24,378 14,2811 125.UWI 89,586 124,863 105.251 219,352 14.9)31 214,449 The Fixed Asset Fund rewe88nts Iho ring lenar￿ ol ass&ts ore not avaitable as port of the g•naro1 liquid res8ws of thè ehartly Tho Cassat￿n Contrnggncy Fund is de￿gned lo provide for ￿$ts likely to bo In￿rred shoul¢J the charity cèasè lo tsperate. The Utility Fund has be•n ￿¥ted lo rneel a potenl*l liability lo Sefton MBC for th* undortharging of utility supplies. ro q> >¢Jz VENUS WORKING CREATIVELY WITH YOUNG WQMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 22 Operating 18as• ¢ommitrnents At the ropo￿n9 end date the charty had outstanding commrtments lor fijlU￿ minimurn lease payments under non-cancellablé operabng leases. which fall due as follrAVS". 2023 2022 Wrthin one year Betsveen tsvo and fiv& y$afs 5.858 15.923 9,451 14.837 21.781 23 R•la¢•d party tran8a¢tlon8 Rofflunoratlon ol k•y managernent PgrJonn•l The remuneration of key rnana9ernenl wrsonngl is as fdhyws. 2023 2022 Aggregalo ¢0rnp8nsa￿0n 2￿.033 268,S72 Th$ K•y Managernenl Pernonnel ar• as f￿k￿S.. Chlo1 Executive Officer". Family Support Lead.. Independence Support Lgad.. Housing and Rèseltlernent Support Leod.. Childron and Young P•¢)pl4 L*ad.. Executive Ajsistanl to CEO.. Finance Officer.. Finance Officer.. Finance Officw". Susan Polls lappint•d l April 20221 Clare Kavanagh N￿L9 Thomas Carfie Machell J•an HodgkinBon Louise Boynton Lyn Robinson J8nny Long I￿$19ned 23August 20221 Seelan Mantharam (appointed 17Apnl 20231 During the financial year t10.13712022. £26.8701 was paid lo Ruse of Three Arts Lld of which Susan Potts is a diredor. Rule ol Th￿e Arts Lld aLs0 ga¥• a donatK)n of £846 12022." £nill towards the International Coffee Morning. 24 Company Llmitsd By Guarnnts• Venus Working Creab¥dy wilh Young Women is 1ncg)rpOrat￿ under Ihe Cornpan￿ Act as a c4Mnpany IiftNted by gtsarantee. The liabilty ol the rnembers is lirnrted to £10. VENUS WORKING CREATIVELY WITH YOUNG WOMEN COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 25 Cash gen•rdted from op•rntlons 2023 2022 (D•r￿lt}ISurpIuS lor the year 1205,2761 40,752 Adjii