COMPANY REGISTRATION NUMBER: 03212347 CHARITY REGISTRATION NUMBER: 1057916
Wear Valley Women's Aid Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2022
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 6 |
| Statement of financial activities (including income and | |
| expenditure account) | 7 |
| Statement of financial position | 8 |
| Notes to the financial statements | 9 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 23 |
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
Reference and administrative details
| Registered charity name | Wear Valley Women's Aid Limited |
|---|---|
| Charity registration number | 1057916 |
| Company registration number | 03212347 |
| Principal office and registered | 9 Etherley Lane |
| office | Bishop Auckland |
| County Durham | |
| DL14 7QR | |
| The trustees | |
| A Hope | |
| P Carling | |
| A Savory | |
| A Reed | |
| Independent examiner | Claire Spurrell |
| 58 Durham Road | |
| Birtley | |
| Co Durham | |
| DH3 2QJ | |
| Bankers | Barclays Bank PLC |
| Jenkins House | |
| Bob Hardisty Drive | |
| Bishop Auckland | |
| Co Durham | |
| DL14 7TH | |
| Architects | Box Architectural Services Ltd |
| 6 St Phillips Close | |
| Auckland Park | |
| Co Durham | |
| DL14 8BD |
1
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Structure, governance and management
The legal name of the charity is:- Wear Valley Women's Aid Limited
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1057916.
The charity does not operate in any overseas jurisdictions.
Legal structure of the charity
The charity is constituted as a company limited by guarantee, registered under the Companies Acts. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law, all trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals.
The methods used to recruit and appoint new charity trustees.
Election of directors and trustees is governed by the Memorandum and Articles of Association of the charity. The management committee is authorised to elect new trustees to fill vacancies arising through resignation or death of existing member.
Objectives and activities
The purpose of the charity as set out in its governing document .
To relieve distress and suffering experienced by women and children who have been subjected to domestic abuse. Based in the area of Wear Valley but able to accept nationwide referrals.
The main activities undertaken in relation to those purposes during the year.
To provide accommodation and support to women and their children fleeing domestic violence and others who are temporarily homeless.
The main activities undertaken during the year to further the charity's purpose for the public benefit
The public benefit provided by the Charity is the advancement of health and saving lives together with the relief of those in need who experience domestic abuse. Presentations have been provided to many local groups, to raise both funds and to raise awareness of Domestic Abuse. Again, outreach and drop-in sessions are very popular and effective for those who do not necessarily require refuge accommodation.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
2
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Achievements and performance
The end of this financial year sees the refuge having been open for 11 months in its new incarnation. The building work and refurbishment was finally completed in May 2021 after a longer period of time than expected and we welcomed new residents immediately. Since then all of our clients have given encouraging feedback about the self-contained aspect and the positive impact that this has had on both their mental and physical health. This was a very timely refurbishment as it turned out- with the advent of Covid, now a much more permanent consideration, it is more important than ever that we are able to offer residents their own personal space. The basement area has been used as a space for large families this year and the external areas have been planted up and tidied up with gravelled sections and work done to repair/ make safe guttering, pointing, fencing and steps. Also, since reopening we have had a Christmas party for residents, as well as pizza and pamper nights. These evenings are huge morale boosters for residents and create a more cohesive climate within the Refuge.
The entire property has of necessity been revalued and insured appropriately. The security has been stepped up with the introduction of an electronic door mechanism and external keypad. Covid has continued to be an everyday part of life within the Refuge and throughout the year residents have been happy to comply with regular testing whilst here. The Covid policy we drew up last year worked well in conjunction with the individual space now afforded to residents. All staff are fully vaccinated including the recent booster.
Support staff returned to work in October following the end of the Government's furlough period. Managers carried out the appointment of a temporary part-time Drug and Alcohol worker (28 hours per week) and she commenced employment at the same time. She has strengthened links with Durham Drug and Alcohol Service. The Fundraiser/ Support Worker switched to full-time support work, and a temporary Fundraiser working 12 hours per week was also appointed.
All staff will be attending training courses/ refreshers soon. Many of these are only now becoming available again and are mostly online. Managers will be undertaking the DAPA diploma, and support workers are shortly to attend the Power to Change and Me and You Mum programmes. These courses will be held here in the Refuge for residents and outreach clients and will be in the form of group sessions or individual work.
We have retained the services of our counsellor for a further year. Counselling has continued to be conducted on a telephone basis for now but this has been successful and the take-up has been high. This service will move back to 1:1 sessions next year. We are very proud to be able to offer this particular service to clients (both residential and otherwise) - the feedback from these clients shows that the treatment is enormously beneficial to them.
It has been heartening to have a full complement of staff and to be able once again to admit new residents. Referrals are high; we are working to a much fuller capacity than previously with the two additional rooms we now have, and we are very often full. Clients come to us from all over the UK, but predominantly from the North-East. Outreach /drop-in work is also requested regularly for those requiring advice or advocacy only, and we have found having two support workers to be invaluable.
Our income this year again came chiefly from the contract with the Adult Health Commissioning Service, backed up by rental revenue and grants and donations. DCC (Adult Health Commissioning Service) were very supportive whilst the Refuge was closed and we are very grateful to them for this.
3
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Financial assistance came from a variety of sources, we have been very fortunate. Mrs Jane Ruffer is a good friend to the Refuge and continues to be so supportive of the work we do. Without Jane, and her fellow trustees at the Lempriere Pringle Trust, the remodelling project would not have come to fruition. We are also hugely grateful to The Scotto Trust, Father Dennis Tindall at St. Mary's and St. Wilfrid's, Willington GP Surgery, the Jusaca Trust, the 29/5/61 Trust, Durham Tees Valley Airport, the local Soroptomists, Marley's, the local Inner Wheel, and local schools, colleges and nurseries. This is not an exhaustive list; our benefactors are too numerous to mention, and they include those individuals who have donated to us throughout the year in many different ways. Heartfelt thanks go to all for recognising the need for the service.
The Soroptomists donated a lovely outdoor climbing rose to the Refuge, in memory of Sarah Everard, a very thoughtful gesture. To us, this stands not just as a memorial to Sarah but to women everywhere who suffer violence and abuse. And they are at the heart of what we do.
We welcomed our new trustee, Cllr Anne Reed, to Refuge meetings and she has ably assisted Cllr Anita Savory in suggesting new ideas for fundraising and taking the Refuge forward. Plans are underway for a fundraising evening to be held at Crook Golf Club and we look forward to that.
Wear Valley Women's Aid hopes to be able to provide a domestic abuse service in Bishop Auckland for as long as we possibly can, especially as we are now able to offer accommodation that is much more fit for purpose.
Financial review
The charity's financial position at the end of the year ended 31 March 2022
The financial position of the charity at 31 March 2022 and comparatives for the prior period. as more fully detailed in the accounts, can be summarised as follows:-
| 2022 £ Net income 42,631 Unrestricted Revenue Funds available for the general purposes of the charity 157,539 Designated Fixed Asset Funds 198,916 ───────── 356,455 Restricted Revenue Funds 11,441 ───────── Total Funds 367,896 ═════════ |
2021 £ 151,614 104,177 215,237 ───────── 319,414 5,851 ───────── 325,265 ═════════ |
|---|---|
Financial review of the position at the reporting date, 31 March 2022
The trustees consider the financial performance by the charity during the year to have been satisfactory.
4
Wear Valley Women's Aid Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (tonllnuèdj Year ended 31 March 2022 Policies on reserves The Charity's policy wff(h respect to income reserves, is lo maintain these al a level lo meet ils staffing cost needs within the next 9 months. Al 31st March 2022 the unreslricled income fund was sufficient to comply wrth this poliey. Availabilty and adequacy of assets of each of the funds The board of trustees is satisfied that the charity's assets in each fvnd are available and adequate to fvlfil its obligations in Tespecl of each fund. Plans for future periods Plans are underway lo provide yoga classes to residents., a local yoga teacher will be holding weekly sessions in the Refuge. We plan during the 2022123 financial year lo pursue the second stage of the remodelling project. This will be the adaptation of the basement area space lo create a disabled suite which will fully address the needs of those women who come to us who are unable lo use the stairs and should begin around August 2022. For the first time will be truly available lo all women. The final stage of the project will be the development of the rear and side exterior of the house to Create a smoking area and child-frieridly play area. Small company provisions This report has been prepared in accordance with the provisions appllcable to companies enlilled lo the small companies exemption. The trustees, annu81 report was approved on ...114-1Q:Th....... and signed on behalf of the board of trustees by.. A Hope Trustee
Wear Valley Women's Aid Limited Company Limited by Guarantee Independent Examlnerfs Report to the Trustees of Wear Valley Women's Aid Limited Year ended 31 March 2022 I report to the Iruslees on my examination of the financial slalemenls of Wear Valley Women's Aid Limf(ed I'lhe charity'} for the year ended 31 March 2022. Responsibilities and basis of report As the trustegs of Ihg Company (and also bts directors for the purposes of company lawl you are responsible for the preparation of the financial slalemenls in accordan with the requirements of the Companies A¢t 20061'lhe 2006 Acl'l. Having Satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act ancl are eligible for independent examination, I report in respect of my examination of the charily's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out My examination I have followed the Diredions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's statement I have completed my examination. I confimi that no matters have Cle to my attention in connedion wth the examinalk)n giving me cause to believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act.. or the financial slalemenls do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the 20( Act other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered a5 part of an independent examination.. or the financial slalemenls have not been prepared in ardance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities appli¢able to charrties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Claire Spurrell FCCA Independent Examlner 58 Durham Road Birtley Co Durham DH3 2QJ
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 7 | 72,893 | 132,353 | 205,246 | 246,046 |
| Charitable activities | 8 | 29,080 | – | 29,080 | 12,682 |
| Other trading activities | – | – | – | 137 | |
| Investment income | 9 | 2 | – | 2 | 8 |
| Other | – | – | – | 69,981 | |
| ───────── | ───────── | ───────── | ───────── | ||
| Total income | 101,975 | 132,353 | 234,328 | 328,854 | |
| ═════════ | ═════════ | ═════════ | ═════════ | ||
| Expenditure | |||||
| Expenditure on raising funds: | |||||
| Costs of raising funds | 10 | 7,396 | – | 7,396 | 4,889 |
| Expenditure on charitable activities | 11 | 39,230 | 87,922 | 127,152 | 97,888 |
| Governance costs | 12 | 12,839 | 44,310 | 57,149 | 74,463 |
| ───────── | ───────── | ───────── | ───────── | ||
| Total expenditure | 59,465 | 132,232 | 191,697 | 177,240 | |
| ═════════ | ═════════ | ═════════ | ═════════ | ||
| Net income for the year | 42,510 | 121 | 42,631 | 151,614 | |
| Transfers between funds | (5,469) | 5,469 | - | - | |
| ───────── | ───────── | ───────── | ───────── | ||
| Net movement in funds | 37,041 | 5,590 | 42,631 | 151,614 | |
| ═════════ | ═════════ | ═════════ | ═════════ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 319,414 | 5,851 | 325,265 | 173,651 | |
| ───────── | ───────── | ───────── | ───────── | ||
| Total funds carried forward | 356,455 | 11,441 | 367,896 | 325,265 | |
| ═════════ | ═════════ | ═════════ | ═════════ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 21 form part of these financial statements.
7
Wear Valley Women's Aid Limited Company Limited by Guarantee Statement of Financlal Posltlon 31 March 2022 2022 2021 Fixed assets Tangible fixed assets 17 198,916 215,237 Current assets Debtors Cash al bank and in hand 18 9,242 162,858 172,100 986 117,141 118.107 Creditors: amounts falling duo within one year Net current assets 19 {3,1201 168,980 18,0791 110.028 325.265 Total assets less current liabililles 367.896 Net assets 367,896 325,265 Funds of the charity Restricted funds Unrestricted funds Designated funds Total charity funds 11,441 157,539 198,916 5,851 104,177 215,237 22 367,896 325,265 For the year ending 31 Mah 2022 the charty was entitled to exemption from audi( under 5eclKJn 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of ils financial stslemenls for the year in question in accordance with section 476., The d1ClorS acknowledge their responsibilities for complying with the requirements of the Act with respect lo accountin9 records and the preparation of financial statements. These financial slalemenls have been prepared in accordance with the provisions applicable to companies subject lo the small CoMpans, regime. These financial staterrenls were approved by the board of trustees and aulhorised for issue on 14.- 17.-.2.1., and are signed on behalf of the board by.. P Carling Trustee Th• notès on pagès 9 to 21 fom part of these financial statoments.
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2022
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 9 Etherley Lane, Bishop Auckland, County Durham, DL14 7QR.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The charitable activities are entirely dependent on continuing grant aid from supporting people and other voluntary donations. As a consequence, the going concern basis is dependent on future flow of these funding streams. Accordingly, the Trustees have reviewed the future position and are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
9
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
10
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
| Freehold property | - | 4% straight line |
|---|---|---|
| Plant and machinery | - | 20% reducing balance |
| Fixtures and fittings | - | 50% reducing balance |
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
11
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
The company is limited by guarantee. If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
5. Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within the categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
6. Donated goods, services and facilities
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Included in Donations and Legacies: | |||
| Donated goods and services | 1,625 | – | 1,625 |
| Included in Other Trading Income: | |||
| Income from the sale of donated goods | – | – | – |
| ──────── | ───────── | ───────── | |
| 1,625 | – | 1,625 | |
| ════════ | ═════════ | ═════════ |
12
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
6. Donated goods, services and facilities (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Included in Donations and Legacies: | |||
| Donated goods and services | 1,656 | – | 1,656 |
| Included in Other Trading Income: | |||
| Income from the sale of donated goods | 137 | – | 137 |
| ───────── | ───────── | ───────── | |
| 1,793 | ,– | 1,793 | |
| ═════════ | ═════════ | ═════════ |
The Charity received donated goods such as food, toiletries, bedding, towels, toys etc. These together with monetary donations, were donated to the residents. The items donated have been valued at what they would have cost to buy.
The charity has also sold donated clothing and this has been recorded as income from the sale of donated goods at the value of money received.
7. Income from donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Small donations individually less than £1,000 | 937 | – | 937 |
| Grants - from public bodies | |||
| Supporting People | – | 122,353 | 122,353 |
| Scotto Trust | – | 10,000 | 10,000 |
| Coronaviros Job Retention Scheme | 8,704 | – | 8,704 |
| Grants - from non public bodies | |||
| Small grants individually less than £1,000 | 2,849 | – | 2,849 |
| Co op | 1,778 | – | 1,778 |
| Jasaca Trust | 5,000 | – | 5,000 |
| Lempriere Pringle Trust | 50,000 | – | 50,000 |
| 29/5/61 Trust | 2,000 | – | 2,000 |
| ───────── | ───────── | ───────── | |
| 71,268 | 132,353 | 203,621 | |
| ═════════ | ═════════ | ═════════ |
13
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
7. Income from donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||
| £ | £ | £ | |||
| Donations | |||||
| Small donations individually less than £1,000 | 2,582 | – | 2,582 | ||
| Grants - from public bodies | |||||
| Supporting People | – | 100,454 | 100,454 | ||
| Department for Communities | 5,894 | – | 5,894 | ||
| Coronaviros Job Retention Scheme | 18,742 | – | 18,742 | ||
| Durham County Council Covid Support | 8,950 | – | 8,950 | ||
| County Durham Community Foundation | 5,000 | – | 5,000 | ||
| Durham Tees Valley | 1,125 | – | 1,125 | ||
| Grants - from non public bodies | |||||
| Small grants individually less than £1,000 | 3,697 | – | 3,697 | ||
| Electrix | 1,500 | – | 1,500 | ||
| Jill Franklin Trust | 16,446 | – | 16,446 | ||
| Lempriere Pringle Trust | 60,000 | – | 60,000 | ||
| P & M Lovell Trust | 5,000 | – | 5,000 | ||
| Sir John Priestman Trust | 5,000 | – | 5,000 | ||
| 29/5/61 Trust | 2,000 | – | 2,000 | ||
| Jusaca Trust | 3,000 | – | 3,000 | ||
| Screwfix | 5,000 | – | 5,000 | ||
| ───────── | ───────── | ───────── | |||
| 143,936 | 100,454 | 244,390 | |||
| ═════════ | ═════════ | ═════════ | |||
| 8. | Income from charitable activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Resident charges | 29,080 | 29,080 | 12,682 | 12,682 | |
| ════ | ════ | ════ | ════ | ||
| 9. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 2 | 2 | 8 | 8 | |
| ════ | ════ | ════ | ════ |
14
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
10. Costs of raising funds
| Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| Gross wages and salaries | 12,081 | – | 12,081 | 4,096 | |
| Employers NI | 574 | – | 574 | 249 | |
| Pension Contributions | 614 | – | 614 | 272 | |
| Miscellaneous funding costs | 417 | – | 417 | 272 | |
| ───────── | ───────── | ───────── | ───────── | ||
| 13,686 | – | 13,686 | 4,889 | ||
| ═════════ | ═════════ | ═════════ | ═════════ | ||
| All costs in the prior year were unrestricted | |||||
| 11. | Expenditure on charitable activities | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| £ | £ | £ | |||
| Gross wages and salaries | – | 56,090 | 56,090 | ||
| Employers NI | – | 3,345 | 3,345 | ||
| Pension Contributions | – | 3,449 | 3,449 | ||
| Counsellor Fees | – | 4,410 | 4,410 | ||
| Donations to residents | – | 1,580 | 1,580 | ||
| Rent refunds | 720 | – | 720 | ||
| Light, Heat & Water | 579 | 5,210 | 5,789 | ||
| Council Tax | 209 | 1,884 | 2,093 | ||
| TV License and Rental | – | 159 | 159 | ||
| Cleaning | 50 | 455 | 505 | ||
| Household | – | 4,112 | 4,112 | ||
| Property repairs | 15,422 | – | 15,422 | ||
| Printing, Stationery & Advertising | 1,151 | 438 | 1,589 | ||
| Info and Publications | – | 285 | 285 | ||
| Telephone and postage | 228 | 2,051 | 2,279 | ||
| Computer support & software | 935 | – | 935 | ||
| Membership fees | 222 | – | 222 | ||
| Sundries | 687 | – | 687 | ||
| Insurance | 495 | 4,454 | 4,949 | ||
| Other professional & legal fees | 979 | – | 979 | ||
| Depreciation | 3,241 | – | 3,241 | ||
| Amortisation | 14,312 | – | 14,312 | ||
| ───────── | ───────── | ───────── | |||
| 39,230 | 87,922 | 127,152 | |||
| ═════════ | ═════════ | ═════════ |
15
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
11. Expenditure on charitable activities (continued)
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Gross wages and salaries | – | 34,811 | 34,811 | |
| Employers NI | – | 2,150 | 2,150 | |
| Pension Contributions | – | 2,313 | 2,313 | |
| Counsellor Fees | – | 3,487 | 3,487 | |
| Trips and Activities | – | 183 | 183 | |
| Donations to residents | 1,496 | 1,364 | 2,860 | |
| Rent refunds | 1,213 | – | 1,213 | |
| Light, Heat & Water | 519 | 4,673 | 5,192 | |
| Council Tax | 203 | 1,824 | 2,027 | |
| TV License and Rental | – | 158 | 158 | |
| Cleaning | 152 | 1,368 | 1,520 | |
| Household | – | 2,448 | 2,448 | |
| Property repairs | 11,507 | – | 11,507 | |
| Printing, Stationery & Advertising | 864 | – | 864 | |
| Telephone and postage | 177 | 1,597 | 1,774 | |
| Repairs and renewals | 4,072 | – | 4,072 | |
| Computer support & software | 963 | – | 963 | |
| Bank charges | 42 | – | 42 | |
| Membership fees | 220 | – | 220 | |
| Sundries | 1,186 | – | 1,186 | |
| Insurance | 358 | 3,219 | 3,577 | |
| Licence fees | 20 | 750 | 770 | |
| Other professional & legal fees | 2,447 | – | 2,447 | |
| Depreciation | 1,967 | – | 1,967 | |
| Amortisation | 10,137 | – | 10,137 | |
| ───────── | ───────── | ───────── | ||
| 37,543 | 60,345 | 97,888 | ||
| ═════════ | ═════════ | ═════════ | ||
| 12. | Expenditure on Governance Costs | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Legal and professional | ||||
| Accountancy | 3,120 | – | 3,120 | |
| Employee costs | ||||
| Motor expenses & travel | 98 | – | 98 | |
| Management and administration | 8,704 | 39,330 | 48,034 | |
| Employers NI | 448 | 2,395 | 2,843 | |
| Pension Contributions | 469 | 2,585 | 3,054 | |
| ───────── | ───────── | ───────── | ||
| 12,839 | 44,310 | 57,149 | ||
| ═════════ | ═════════ | ═════════ |
16
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
12. Expenditure on Governance Costs (continued)
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Legal and professional | ||||
| Accountancy | 3,120 | – | 3,120 | |
| Architects fees | 1,902 | – | 1,902 | |
| Building regs & engineers fees | 2,535 | – | 2,535 | |
| Fees re land sale | 1,974 | – | 1,974 | |
| Employee costs | ||||
| Motor expenses & travel | 274 | – | 274 | |
| Conferences and training | 70 | – | 70 | |
| Management and administration | 18,506 | 39,438 | 57,944 | |
| Employers NI | 821 | 2,287 | 3,108 | |
| Pension Contributions | 978 | 2,558 | 3,536 | |
| ───────── | ───────── | ───────── | ||
| 30,180 | 44,283 | 74,463 | ||
| ═════════ | ═════════ | ═════════ | ||
| 13. | Net income | |||
| Net income is stated after charging/(crediting): | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 17,553 | 12,105 | ||
| ════════ | ════════ | |||
| 14. | Independent examination fees | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 3,120 | 3,120 | ||
| ═══════ | ═══════ |
17
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
15. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Gross salaries exluding trustees and key management personnel | 34,555 | 23,133 |
| Social security costs | 6,449 | 5,507 |
| Employer contributions to pension plans | 6,790 | 6,121 |
| Salaries and benefits paid to key management personnel | 76,000 | 73,718 |
| ──────── | ──────── | |
| 123,794 | 108,479 | |
| ════════ | ════════ |
The average head count of employees during the year was 5 (2021: 4). The average number of full-time equivalent employees during the year is analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Engaged on charitable activities | 3 | 2 |
| Engaged on fundraising activities | 1 | 1 |
| Engaged on management and administration | 1 | 1 |
| ──── | ──── | |
| 5 | 4 | |
| ════ | ════ |
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
16. Trustee remuneration and expenses
With the exception of the salaries paid to P Carling and A Hope as workers and key personnel of the charity, no trustees or persons connected with them received any renumeration or expenses from the charity, or any related entity.
17. Tangible fixed assets
| Freehold | Plant and | Fixtures and | ||
|---|---|---|---|---|
| property | machinery | fittings | Total | |
| £ | £ | £ | £ | |
| Cost | ||||
| At 1 April 2021 | 357,791 | 7,394 | 20,127 | 385,312 |
| Additions | – | 1,231 | – | 1,231 |
| ───────── | ─────── | ──────── | ───────── | |
| At 31 March 2022 | 357,791 | 8,625 | 20,127 | 386,543 |
| ═════════ | ═══════ | ════════ | ═════════ | |
| Depreciation | ||||
| At 1 April 2021 | 150,848 | 3,821 | 15,405 | 170,074 |
| Charge for the year | 14,312 | 880 | 2,361 | 17,553 |
| ───────── | ─────── | ──────── | ───────── | |
| At 31 March 2022 | 165,160 | 4,701 | 17,766 | 187,627 |
| ═════════ | ═══════ | ════════ | ═════════ | |
| Carrying amount | ||||
| At 31 March 2022 | 192,631 | 3,924 | 2,361 | 198,916 |
| ═════════ | ═══════ | ════════ | ═════════ | |
| At 31 March 2021 | 206,943 | 3,573 | 4,722 | 215,238 |
| ═════════ | ═══════ | ════════ | ═════════ |
18
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
18. Debtors
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Prepayments and accrued income | 9,242 | 966 | |
| ═══════ | ════ | ||
| 19. | Creditors: amounts falling due within one year | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Trade creditors | – | 2,147 | |
| Accruals | 3,120 | 3,120 | |
| Deferred income - Restricted funds | – | 2,812 | |
| ─────── | ─────── | ||
| 3,120 | 8,079 | ||
| ═══════ | ═══════ | ||
| 20. | Deferred income | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Amount deferred in year | – ════ |
2,812 ═══════ |
The deferrals included in creditors relate to funding specified by the funders as relating to specific periods and represent those parts of restricted funds which relate to periods subsequent to the accounting year end and are treated as grants in advance, or, alternatively, where there are conditions which must be fulfilled prior to entitlement or use of the restricted funds by the charity.
21. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £6,790 (2021: £6,121).
19
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
22. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | ||||||
| At 1 April 2021 | Income | Expenditure | Transfers | 31 March 2022 | ||
| £ | £ | £ | £ | £ | ||
| General Fund | 104,177 | 101,975 | (59,465) | 10,852 | 157,539 | |
| Designated Fund | 215,237 | – | – | (16,321) | 198,916 | |
| ───────── | ───────── | ──────── | ──────── | ───────── | ||
| 319,414 | 101,975 | (59,645) | (5,469) | 356,455 | ||
| ═════════ | ═════════ | ════════ | ════════ | ═════════ | ||
| At | ||||||
| At 1 April 2020 | Income | Expenditure | Transfers | 31 March 2021 | ||
| £ | £ | £ | £ | £ | ||
| General Fund | 118,622 | 228,400 | (72,612) | (170,233) | 104,177 | |
| Designated Fund | 45,691 | – | – | 169,546 | 215,237 | |
| ───────── | ───────── | ─────── | ─────── | ───────── | ||
| 164,313 | 228,400 | (72,612) | (687) | 319,414 | ||
| ═════════ | ═════════ | ═══════ | ═══════ | ═════════ | ||
| Restricted funds | ||||||
| At | ||||||
| At 1 April 2021 | Income | Expenditure | Transfers | 31 March 2022 | ||
| £ | £ | £ | £ | £ | ||
| Supporting People | – | 122,353 | (127,822) | 5,469 | - |
|
| Counsellor Funding | 5,851 | 10,000 | (4,410) | – | 11,441 |
|
| ───────── | ───────── | ───────── | ───────── | ───────── | ||
| 5,851 | 132,353 | (132,232) | 5,469 | 11,441 |
||
| ═════════ | ═════════ | ═════════ | ═════════ | ═════════ |
||
| At | ||||||
| At 1 April 2020 | Income | Expenditure | Transfers | 31 March 2021 |
||
| £ | £ | £ | £ | £ | ||
| Supporting People | – | 100,454 | (101,141) | 687 | – |
|
| Counsellor Funding | 9,338 | – | (3,487) | – | 5,851 |
|
| ───────── | ───────── | ───────── | ───────── | ───────── | ||
| 9,338 | 100,454 | (104,628) | 687 | 5,851 |
||
| ═══════ | ═════════ | ═════════ | ═════════ | ═══════ |
20
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2022
23. Analysis of net assets between funds
| Unrestricted | Designated | Restricted | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | |
| £ | £ | £ | £ | |
| Tangible fixed assets | – | 198,916 | – | 198,916 |
| Current assets | 160,659 | – | 11,441 | 172,100 |
| Creditors less than 1 year | (3,120) | – | – | (3,120) |
| ───────── | ──────── | ───────── | ───────── | |
| Net assets | 157,539 | 198,916 | 11,441 | 367,896 |
| ═════════ | ════════ | ═════════ | ═════════ | |
| Unrestricted | Designated | Restricted | Total Funds | |
| Funds | Funds | Funds | 2021 | |
| £ | £ | £ | £ | |
| Tangible fixed assets | – | 215,237 | – | 215,237 |
| Current assets | 109,444 | – | 8,663 | 118,107 |
| Creditors less than 1 year | (5,267) | – | (2,812) | (8,079) |
| ───────── | ─────── | ───────── | ───────── | |
| Net assets | 104,177 | 215,237 | 5,851 | 325,265 |
| ═════════ | ═══════ | ═════════ | ═════════ |
21
Wear Valley Women's Aid Limited
Company Limited by Guarantee
Management Information
Year ended 31 March 2022
The following pages do not form part of the financial statements.
22
Wear Valley Women's Aid Limited Detailed Statement of Financial Activities for the year ended 31 March 2022 Mamagement Information
| Incoming resources Voluntary Income Investment Income Incoming resources from activities for generating funds Training & awareness programmes Incoming resourses from charitable activities Resident's Charges Misc income Total Incoming Resourses Resources Expended Support costs for generating voluntary income Gross wages and salaries Employers NI Pension contributions Miscellaneous fundraising costs Costs of charitable activities Support costs - Advice and support: Gross wages and salaries Employers NI Pension contributions Counsellor Fees Management & trustee expenses Trips and Activities Donations to residents Rent refunds Volunteer expenses Premises costs: Light, Heat & Water Council Tax TV License and Rental Communal telephone Cleaning Servicing Household Property repairs General administration expenses: Printing / Stat/Advertising Info and Publications Telephone and postage Repairs and renewals Computer support & software Bank charges Membership fees Sundries Gifts Donations Insurance Licence fees Other professional & legal fees Depreciation: Furniture depreciation Office equipment depreciation Amortisation of building (Profit)/Loss on sale of fixed asset Governance costs Legal and professional: Accountancy Architects fees Building regs & engineers fees Fees re land sale Employee costs Motor expenses & travel Conferences and training Workers expenses Staff welfare Redundancy Management and administration Employers NI Pension contributions Total resources expended Net Incoming/(Outgoing) Resources Transfer between funds Reserves brought forward at 1 April 2021 Reserves at 31 March 2022 |
General Funds Designated Funds Total Unrestricted Funds 72,893 - 72,893 2 - 2 - - - 29,080 - 29,080 - 0 101,975 0 101,975 6,431 - 6,431 261 - 261 287 - 287 417 - 417 - - - - - - - - - - - - - - - - - - 0 - 0 720 - 720 - - - 579 - 579 209 - 209 - - - - - - 50 - 50 - - - - - - 15,422 - 15,422 1,151 - 1,151 - - - 228 - 228 - - 935 - 935 - - 222 - 222 687 - 687 - - - - - - 495 - 495 - - 979 - 979 2,361 - 2,361 880 - 880 14,312 - 14,312 - - 3,120 - 3,120 - 0 - 0 - 0 98 - 98 - - - - - - - - - 8,704 - 8,704 448 - 448 469 - 469 59,465 - 59,465 42,510 - 42,510 10,852 (16,321) (5,469) 104,177 215,237 319,414 157,539 198,916 356,455 Unrestricted |
Supporting People Counsellor funding Total Restricted Funds 122,353 10,000 132,353 - - - - - - - - - - - - 122,353 10,000 132,353 - - - - - - - - - - - - 56,090 - 56,090 3,345 - 3,345 3,449 - 3,449 - 4,410 4,410 - - - - - 1,580 - 1,580 - - - - - - 5,210 - 5,210 1,884 - 1,884 159 - 159 - - - 455 - 455 - - 4,112 - 4,112 - - - 438 - 438 285 - 285 2,051 - 2,051 - - - - - - - - - - - - - - - - - - - - - 4,454 - 4,454 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 39,330 - 39,330 2,395 - 2,395 2,585 - 2,585 127,822 4,410 132,232 (5,469) 5,590 121 5,469 - 5,469 - 5,851 5,851 - 11,441 11,441 Restricted funds |
Total Total 2022 2021 £ £ 205,246 246,046 2 8 - - 29,080 12,682 0 137 |
|---|---|---|---|
| 234,328 258,873 |
|||
| 6,431 4,096 261 249 287 272 417 272 56,090 34,811 3,345 2,150 3,449 2,313 4,410 3,487 - - - 183 1,580 2,860 720 1,213 - - 5,789 5,192 2,093 2,027 159 158 - - 505 1,520 0 0 4,112 2,448 15,422 11,507 1,589 864 285 - 2,279 1,774 - 4,072 935 963 - 42 222 220 687 1,186 - - - - 4,949 3,577 0 770 979 2,447 2,361 1,367 880 600 14,312 10,137 - (69,981) 3,120 3,120 0 1,902 0 2,535 0 1,974 98 274 - 70 - - - - - - 48,034 57,944 2,843 3,108 3,054 3,536 |
|||
| 191,697 107,259 |
|||
| 42,631 151,614 - - 325,265 173,651 |
|||
| 367,896 325,265 |
23