**COMPANY REGISTRATION NUMBER: 03212347 CHARITY REGISTRATION NUMBER: 1057916** ## **Wear Valley Women's Aid Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2023** ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Financial Statements** ## **Year ended 31 March 2023** ||**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|**22**| ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Trustees' Annual Report (Incorporating the Director's Report)** ## **Year ended 31 March 2023** 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 2023. ## **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 2023** ## **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 if 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 2023** ## **Achievements and performance** At the end of this financial year, we have finally been able to run at full capacity with all 8 rooms available. This includes the disabled suite with the wet room and widened doorways. The remodelling and refurbishment work is yet to be completed towards the rear and side exterior (disabled-friendly levelled ground cover and children's play area), but both are on course for next month. The outdoor seating area is finished, and it will be pleasant for residents to be able to sit outside in the summer. Next to that our Sarah Everard rose continues to thrive and is a firm reminder of Sarah, of abused women everywhere, and of the continued staunch support of the service by South Durham Soroptomists. Nearby is our bench in memory of Alma Gale, our much-missed trustee and friend of the Refuge. These two memorials often provoke discussion and keep their memory alive. Feedback from residents has been tremendously positive with comments regarding the improvements made within the building, particularly in regard to personal spaces. We welcomed our first resident with physical challenges into the disabled suite. The wet room and the extra space have been a boon for these clients. We have long needed full disabled access for our clients, and we are so pleased that the Refuge is now completely accessible to all. The Therapy Hub on the first landing has been given an update with the installation of a second door on the landing. This affords much better soundproofing which ensures a higher level of privacy for clients accessing our counselling service. The staff team continues as before. The temporary Drug and Alcohol worker had her contract extended until the end of September when it will be reviewed. The temporary Fundraiser left in November, but it is hoped that existing staff might be able to find the time to cover this aspect of the service, particularly with input from our trustees and their contacts. Managers are currently in the process of undertaking the Domestic Abuse Prevention Advocate Diploma (DAPA). This is an online course run by Women's Aid (WAFE) and offers relevant professional development. A bursary was awarded for this by WAFE. Support staff undertook a variety of courses, including Mental Capacity, Safeguarding, You and Me Mum, types of Injunctions, as well as St. John's Ambulance First Aid. Each week, taking elements from both the Freedom, and You and Me, Mum programmes, staff deliver weekly sessions to residents and outreach clients. These have been extremely popular and very worthwhile. We have also continued to provide our specialist counselling service and are very pleased that this is once more in person. The difference that this highly specialised therapy makes to our clients' wellbeing is immense and we are indebted to the Scotto Trust for facilitating this project. Clients requiring accommodation this year have again come to us from all over the UK but largely from the local area, by self-referral or third party. Demand remains high, and spaces are usually at a premium. However, providing spaces for 8 families as opposed to our previous 6 has meant that from single women to larger families we are much better equipped to cope with the demand for safe accommodation. We continue to offer a drop-in/ outreach service for those not requiring refuge space. Throughout the year we had various events for our residents, including pizza nights, a buffet for International Women's Day, soft play sessions, a trip to Auckland Castle, a Christmas party before Christmas, and we also provided Christmas Day dinner and tea. The Adult Health Commissioning Service at Durham County Council continues to be our main source of funding each month, in conjunction with rental income. Once again, we have been very fortunate to **3** ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ ## **Year ended 31 March 2023** receive funding from various benefactors and these again included Mrs. Jane Ruffer who via Lempriere Pringle donated £55,000 in this year to our disabled suite/ play area programme. The Ex-Pat Foundation contributed £45,000 to the same. These wonderfully kind major donors have made an enormous difference to the Refuge. The physical aspect looks so much better, the new areas and rooms are much more fit for purpose, and we get very positive feedback from clients. Other donors have included the Jusaca Trust, Spectrum Health, Busy Fingers, the Ship Inn, the local Inner Wheel, Willington Surgery, Neighbourly, Contego, Brewer's Decorating, the Christadelphian Samaritan Trust and many others- this list is not exhaustive, and we are so grateful for all who recognise the need for our project and support us in whatever way they can. We were very sad to hear about the death of Mr. Percy Golledge, a long-time supporter of the Refuge. Mr Golledge bequeathed £1181.20 to the service, after having supported us as far back as we can remember. Each year Mr and Mrs. Golledge sent the Refuge a cheque in a Christmas card and the generosity shown to us here will be remembered with great fondness. As always Wear Valley Women's Aid hopes to be able to provide a quality domestic abuse service in Bishop Auckland for as long as we possibly can, with support from Durham County Council, our trustees and our friends and sponsors in the wider public. Our heartfelt thanks go to all. ## **Financial review** The charity's financial position at the end of the year ended 31 March 2023. The financial position of the charity at 31 March 2023 and comparatives for the prior period. as more fully detailed in the accounts, can be summarised as follows:- ||2023|2022| |---|---|---| ||**£**|£| |Net income|66,437|42,631| |Unrestricted Revenue Funds available for the general||| |purposes of the charity|163,647|157,539| |Designated Fixed Asset Funds|255,193|198,916| ||─────────|─────────| ||418,840|356,455| |Restricted Revenue Funds|15,493|11,441| ||─────────|─────────| |Total Funds|434,333|367,896| ||═════════|═════════| Financial review of the position at the reporting date, 31 March 2023 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 Tru3tees' Annual Report (Incorporaling the Directorfs Report) (contthu8dJ Year ended 31 March 2023 Pollcle8 on reservo8 The Charity's policy with ￿Spect to income reserves, is to maintain these at a level to meet its staffing cost needs within the next 9 months. At 31 st March 2023 the unrestricted incx)me fund was sufficient to comply with this policy. Avallabilty and adequxy of assets of each of the fijnds Th6 board of trustees is satisfied that Ihe charitys assets in exh fund are avalabkg a￿1 adequate lo fulfil its oblig*iMs in respect of each fund. Plans for future perlods For 2023124, plan lo continue personal development for staff and hope to attract bursaries for relevant WAFE training programmes in the new year. For residents. we will be pianning summer activities, as well as Halloween and Christmas parties. We will also be repurposing part of the basement $lorage area lo provide a communal kitchen diner. In the midst of this, staff wll be working hard lo retain the contract with DCC for refuge prOvis￿n in south-west Durham. County-wide the seryice prowsion will be put out to tender by DCC bLrt we hope to maintsin the staius quo for the sake of residents and staff. Small company PTovision8 ThL8 report has been prepared in accordan¢e wth the provisions applicable to companies entrtled to the small companies exemption. The trustees, annual report approved on ...2o.:.j.1...£3 .. and signed on behaw of the board of trustees by.. A HoFe Trustee Wear Valley Women's Aid Llmited Company Llmlted by Guarantee Independent ExamIn•￿3 R•port to the Tru8tee8 of Wear Valley Womon's Aid Limited Year end•d 31 March 2023 I report to the ITUStees on my examination of the financial statements of Wear Valley Women's Aid Limited Iyhe charity'l for the year ended 31 March 2023. Rosponslbllltl88 and ba8ls of roport Ag the trustees of the company (and also ils directors for the purposes of company lawl you are r&sponsiblè for the preparatson of the financial statements in accordance with the requirenEnts of the compan￿ Act 20061'the 2006 AcY}. Having $ali$fied myself that the accounts of the company are not requlred to be aud￿¢￿ under Part 16 of the 2006 Act and are eligible for independent examination, I report in ￿SpeCt of my examinallon of the ¢harity's accounts as carried out under section 145 of the Charities Act 2011 Ilhe 2011 ACVI. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5llb} of the 2011 Act Independent examinerfs statem•nt Since the charity's gross income exceeded £250,000 your examiner must be 8 member of a body listed in section 145 of Ihe 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed l)odies. I have completed my examination. I confirm that no matters hava ¢ome to my attention in connection with the examinats'on giving me cause lo believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or the financial statements do not a¢¢ord with those records- or the financial statements do not comply with the ￿luntIng requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter Considered as part of an independent examination., or the fsnan¢ial statements have not been prepared in accordance wilh the m8thods and principles of the Statement of Recommended Practsce for a¢¢ounting and reporting by charities applicable to charits.es preparing their a¢¢ounts in a¢¢ordanee with the Financial Reporting Standard applicable in the UK and Republi¢ 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 to enable a WOFer understanding of the accounts to be reached. Claire FCCA Independent Examlnor 58 Durham Road Birtley Co Durham DH3 2QJ urr•ll ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Trustee Statement of Financial Activities (including income and expenditure account)** ## **Year ended 31 March 2023** ||||**2023**||2022| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|**Total funds**|Total funds| ||**Note**|**£**|**£**|**£**|£| |**Income and endowments**|||||| |Donations and legacies|**7**|112,783|128,084|240,867|205,246| |Charitable activities|**8**|52,948|–|52,948|29,080| |Other trading activities|**9**|104|–|104|–| |Investment income|**10**|37|–|37|2| |||─────────|─────────|─────────|─────────| |**Total income**||165,872|128,084|293,956|234,328| |||═════════|═════════|═════════|═════════| |**Expenditure**|||||| |Expenditure on raising funds:|||||| |Costs of raising funds|**11**|17,427|–|17,427|7,396| |Expenditure on charitable activities|**12**|40,746|107,635|148,381|127,152| |Governance costs|**13**|3,854|57,857|61,711|57,149| |||─────────|─────────|─────────|─────────| |**Total expenditure**||62,027|165,492|227,519|191,697| |||═════════|═════════|═════════|═════════| |||─────────|─────────|─────────|─────────| |**Net income**||103,845|(37,408)|66,437|42,631| |||═════════|═════════|═════════|═════════| |Transfers between funds||(41,460)|41,460|–|–| |||─────────|─────────|─────────|─────────| |**Net movement in funds**||62,385|4,052|66,437|42,631| |**Reconciliation of funds**|||||| |Total funds brought forward||356,455|11,441|367,896|325,265| |||─────────|─────────|─────────|─────────| |**Total funds carried forward**||418,840|15,493|434,333|367,896| |||═════════|═════════|═════════|═════════| 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 20 form part of these financial statements.** **7** Wear Valley Women's Ald Llmlted Company Limited by Guarantee Statement of Financial Position Year ended 31 March 2023 2023 2022 Fixed assets Tangible fixed assets 255,193 198,916 Current assots Debtors Cash at bank and in hand 19 9,854 172,466 9.242 162.858 172.100 182,320 Cr￿lt•￿. amounts falllng duewlthln ono y•ar Nat ¢urrent a8s818 {3,180) 179,140 434,333 13,120) 168,980 367,896 Total ass•ts 18$$ ¢urr¢nt Il•bllltles Net assots 434,333 367,896 Funds of tho charity Restricted funds Unrestricted funds Desi9nated funds Total Ghaiity fvnds 15,493 163,647 255,193 11.441 157,539 198,916 22 434.333 367.896 For the year endiThJ 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companie$ Act 20C6 relating to small companies. Directors, ￿SponsIbl11t[eS". The members have not required the company to obtain an audrt of its financial staiemenls for the year in question in accordance with section 476" The directors acknowledge their responsibilities for ¢omptying with Ihe requirements of the Act with respect to xcounling rècords and the preparation of financial ststements. These financial statements havè been prepared in accordance with the provisions applicable to companies subject to th8 small Companies, regime. These financial $latemÈTils were approved by the board of trustees and authorised for issue on .&21Iz/.3.3...... and are signed on behalf of the board by. P Carling Trustee The n¢>te8 on 9 to 20 form rt of th0$0 flnanclal statements. ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** ## **Year ended 31 March 2023** ## **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 2023** ## **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 2023** ## **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 2023** ## **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|**2023**| ||£|£|**£**| |**Included in Donations and Legacies:**|||| |Donated goods and services|815|–|815| |**Included in Other Trading Income:**|||| |Income from the sale of donated goods|–|–|–| ||────────|────────|────────| ||815|–|815| ||════════|════════|════════| **12** ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **6. Donated goods, services and facilities** _**(continued)**_ ||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| ||═════════|═════════|═════════| 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. ## **7. Income from donations and legacies** ||Unrestricted|Restricted|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2023**| ||£|£|**£**| |**Donations**|||| |Small donations individually less than £1,000|507|–|507| |**Grants - from public bodies**|||| |Supporting People|–|118,084|118,084| |Scotto Trust|–|10,000|10,000| |Ex-Pat Trust|45,000|–|45,000| |DCC|750|-|750| |**Grants - from non public bodies**|||| |Small grants individually less than £1,000|2,270|–|2,270| |Jasaca Trust|5,000|–|5,000| |Lempriere Pringle Trust|55,000|–|55,000| |Mr P Golledge|1,181|–|1,181| |Spectrum Health|1,260|–|1,260| |Neighbourly|1,000|–|1,000| ||────────|────────|────────| ||111,968|128,084|240,052| ||═════════|═════════|═════════| **13** ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **7. Income from donations and legacies** _**(continued)**_ ||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| |Coronavirus 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| ||═════════|═════════|═════════| ## **8. Income from charitable activities** ||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |---|---|---|---|---| ||Funds|**2023**|Funds|2022| ||£|**£**|£|£| |Resident charges|52,948|52,948|29,080|29,080| ||────────|────────|────────|────────| ||53,052|53,052|29,080|29,080| ||════════|════════|════════|════════| ## **9. Other trading activities** ||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |---|---|---|---|---| ||Funds|**2023**|Funds|2022| ||£|**£**|£|£| |Laundry|104|104|–|–| ||────────|────────|────────|────────| ||104|104|–|–| ||═════════|═════════|════════|═══════| ## **10. Investment income** ||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |---|---|---|---|---| ||Funds|**2023**|Funds|2022| ||£|**£**|£|£| |Bank interest receivable|37|37|2|2| ||════|════|════|════| **14** ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **11. Costs of raising funds** ||Unrestricted|Restricted|**Total Funds**|Total Funds| |---|---|---|---|---| ||Funds|Funds|**2023**|2022| ||£|£|**£**|£| |Gross wages and salaries|15,661|–|15,661|6,431| |Employers NI|679|–|679|261| |Pension Contributions|751|–|751|287| |Miscellaneous funding costs|336|–|336|417| ||────────|────────|────────|────────| ||17,427|–|17,427|7,396| ||═════════|═════════|═════════|═════════| All costs in the prior year were unrestricted ## **12. Expenditure on charitable activities** ||Unrestricted|Restricted|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2023**| ||£|£|**£**| |Gross wages and salaries|–|65,902|65,902| |Employers NI|–|3,966|3,966| |Pension Contributions|–|4,030|4,030| |Counsellor Fees|–|5,948|5,948| |Donations to residents|–|945|945| |Trips and Activities|–|448|448| |Rent refunds|8,883|–|8,883| |Light, Heat & Water|1,648|14,837|16,485| |Council Tax|200|1,807|2,007| |TV Licence and Rental|–|159|159| |Cleaning|6|53|59| |Household|–|2,959|2,959| |Property repairs|7,293|–|7,293| |Printing, Stationery & Advertising|2,368|–|2,368| |Telephone and postage|153|1,375|1,528| |Computer support & software|860|–|860| |Membership fees|1,030|–|1,030| |Sundries|1,123|–|1,123| |Insurance|578|5,206|5,784| |Licence fees|20|–|20| |Other professional & legal fees|65|–|65| |Depreciation|1,965|–|1,965| |Amortisation|14,554|–|14,554| ||────────|────────|────────| ||40,746|107,635|148,381| ||═════════|═════════|═════════| **15** ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **12. Expenditure on charitable activities** _**(continued)**_ ||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 Licence 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| ||═════════|═════════|═════════| ## **13. Expenditure on governance costs** ||Unrestricted|Restricted|Total Funds| |---|---|---|---| ||Funds|Funds|2023| ||£|£|£| |**Legal and professional**|||| |Accountancy|3,180|–|3,180| |**Employee costs**|||| |Motor expenses & travel|284|–|284| |Conferences and training|390|–|390| |Management and administration|–|51,109|51,109| |Employers NI|–|3,380|3,380| |Pension Contributions|–|3,368|3,368| ||────────|────────|────────| ||3,854|57,857|61,711| ||════════|═════════|═════════| 16 ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **13. Expenditure on governance costs** _**(continued)**_ |||Unrestricted|Restricted|Total Funds| |---|---|---|---|---| |||Funds|Funds|2023| |||£|£|£| ||**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| |||════════|═════════|════════| |**14.**|**Net income**|||| ||Net income is stated after charging/(crediting):|||| ||||**2023**|2022| ||||**£**|£| ||Depreciation of tangible fixed assets||16,519|17,553| ||||═════════|═════════| |**15.**|**Independent examination fees**|||| ||||**2023**|2022| ||||**£**|£| ||Fees payable to the independent examiner for:|||| ||Independent examination of the financial statements||3,180
═══════|3,120
═══════| ## **16. Staff costs** The total staff costs and employee benefits for the reporting period are analysed as follows: ||**2023**|2022| |---|---|---| ||**£**|£| |Wages and salaries|50,392|34,555| |Social security costs|8,025|6,449| |Employer contributions to pension plans|8,149|6,790| |Salaries and benefits paid to key management personnel|82,280|76,000| ||────────|────────| ||148,846|123,794| ||═════════|═════════| The average head count of employees during the year was 6 (2022: 5). The average number of full-time equivalent employees during the year is analysed as follows: ||**2023**|2022| |---|---|---| ||**No.**|No.| |Engaged on charitable activities|4|3| |Engaged on fundraising activities|1|1| |Engaged on management and administration|1|1| ||────|────| ||6|5| ||════|════| No employee received employee benefits of more than £60,000 during the year (2022: Nil). 17 ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **17. 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. ## **18. Tangible fixed assets** ||Freehold|Plant and|Fixtures and|| |---|---|---|---|---| ||property|machinery|fittings|**Total**| ||£|£|£|**£**| |**Cost**||||| |At 1 April 2022|357,791|8,625|20,127|386,543| |Additions|72,796|–|–|72,796| ||─────────|───────|────────|─────────| |**At 31 March 2023**|430,587|8,625|20,127|459,339| ||═════════|═══════|════════|═════════| |**Depreciation**||||| |At 1 April 2022|165,160|4,701|17,766|187,627| |Charge for the year|14,554|785|1,180|16,519| ||─────────|───────|────────|─────────| |**At 31 March 2023**|179,714|5,486|18,946|204,146| ||═════════|═══════|════════|═════════| |**Carrying amount**||||| |**At 31 March 2023**|250,873|3,139|1,181|255,193| ||═════════|═══════|════════|═════════| |At 31 March 2022|192,631|3,924|2,361|198,916| ||═════════|═══════|════════|═════════| |**Debtors**||||| ||||**2023**|2022| ||||**£**|£| |Prepayments and accrued income|||9,854|9,242| ||||═══════|═══════| |**Creditors:** **amounts falling due within**|**one year**|||| ||||**2023**|2022| ||||**£**|£| |Accruals|||3,180|3,120| ||||═══════|═══════| ## **19. Debtors** ## **20. Creditors: amounts falling due within one year** ## **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 £8,149 (2022: £6,790). 18 ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **22. Analysis of charitable funds** ## **Unrestricted funds** |**Unrestricted funds**||||||| |---|---|---|---|---|---|---| ||At|||||**At**| ||1 April 2022|Income|Expenditure|Transfers|**31 March 2023**|| ||£|£|£|£||**£**| |General Fund|157,539|165,872|(62,027)|(97,737)||**163,647**| |Designated Fund|198,916|–|–|56,277||**255,193**| ||─────────|─────────|────────|────────||**─────────**| ||356,455|165,872|(62,027)|(41,460)||**418,840**| ||═════════|═════════|════════|════════||═════════| ||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| ||─────────|─────────|────────|────||─────────| ||110,028|101,975|(59,465)|(5,469)||356,455| ||═════════|═════════|════════|════||═════════| |**Restricted funds**||||||| ||At|||||**At**| ||1 April 2022|Income|Expenditure|Transfers|**31 March 2023**|| ||£|£|£|£||£| |Supporting People|–|118,084|(159,544)|41,460||–| |Counsellor Funding|11,441|10,000|(5,948)|||15,493| ||────────|────────|────────|────────||────────| ||11,441|128,084|(165,492)|41,460||15,493| ||════════|═════════|═════════|═════════||════════| |||||||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
═════════| **19** ## **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2023** ## **23. Analysis of net assets between funds** ||Unrestricted|Restricted|Designated|**Total Funds**| |---|---|---|---|---| ||Funds|Funds|Funds|**2023**| ||£|£|£|**£**| |Tangible fixed assets|–|–|255,193|255,193| |Current assets|166,827|15,493|–|182,320| |Creditors less than 1 year|(3,180)|–|–|(3,180)| ||─────────|────────|─────────|─────────| |**Net assets**|163,647|15,493|255,193|434,333| ||═════════|════════|═════════|═════════| ||Unrestricted|Restricted|Designated|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|11,441|198,916|367,896| ||═════════|════════|═════════|═════════| **20** **Wear Valley Women's Aid Limited** ## **Company Limited by Guarantee** ## **Management Information** ## **Year ended 31 March 2023** **The following pages do not form part of the financial statements.** **21** ## **Wear Valley Women's Aid Limited Detailed Statement of Financial Activities for the year ended 31 March 2023 Management 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 2022**
**Reserves at 31 March 2023**|**General**
**Funds**
**Designated**
**Funds**
**Total**
**Unrestricted**
**Funds**
112,783
-
112,783
37
-
37
-
-
-
52,948
-
52,948
104
-
104
**165,872**
**0**
**165,872**
15,661
-
15,661
679
-
679
751
-
751
336
-
336
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8,883
-
8,883
-
-
-
1,648
-
1,648
200
-
200
-
-
-
-
-
-
6
-
6
-
-
-
-
-
-
7,293
-
7,293
2,368
-
2,368
-
-
-
153
-
153
-
-
-
860
-
860
-
-
-
1,030
-
1,030
1,123
-
1,123
-
-
-
-
-
-
578
-
578
20
-
20
65
-
65
1,180
-
1,180
785
-
785
14,554
-
14,554
-
-
-
3,180
-
3,180
-
-
-
-
-
-
-
-
-
284
-
284
390
-
390
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**62,027**
**-**
**62,027**
103,845
-
103,845
(97,737)
56,277
(41,460)
157,539
198,916
356,455
**163,647**
**255,193**
**418,840**
**Unrestricted**|**Supporting**
**People**
**Counsellor**
**funding**
**Total**
**Restricted**
**Funds**
118,084
10,000
128,084
-
-
-
-
-
-
-
-
-
-
-
-
**118,084**
**10,000**
**128,084**
-
-
-
-
-
-
-
-
-
-
-
-
65,902
-
65,902
3,966
-
3,966
4,030
-
4,030
-
5,948
5,948
-
-
-
448
-
448
945
-
945
-
-
-
-
-
-
14,837
-
14,837
1,807
-
1,807
159
-
159
-
-
-
53
-
53
-
-
2,959
-
2,959
-
-
-
-
-
-
-
1,375
-
1,375
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,206
-
5,206
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
51,109
-
51,109
3,380
-
3,380
3,368
-
3,368
**159,544**
**5,948**
**165,492**
(41,460)
4,052
(37,408)
41,460
-
41,460
-
11,441
11,441
**-**
**15,493**
**15,493**
**Restricted funds**|**Total**
**Total**
**2023**
**2022**
**£**
**£**
240,867
205,246
37
2
-
-
52,948
29,080
104
-| |---|---|---|---| ||||**293,956**
**234,328**| ||||15,661
6,431
679
261
751
287
336
417
65,902
56,090
3,966
3,345
4,030
3,449
5,948
4,410
-
-
448
-
945
1,580
8,883
720
-
-
16,485
5,789
2,007
2,093
159
159
-
-
59
505
-
-
2,959
4,112
7,293
15,422
2,368
1,589
-
285
1,528
2,279
-
-
860
935
-
-
1,030
222
1,123
687
-
-
-
-
5,784
4,949
20
-
65
979
1,180
2,361
785
880
14,554
14,312
-
-
3,180
3,120
-
-
-
-
-
-
284
98
390
-
-
-
-
-
-
-
51,109
48,034
3,380
2,843
3,368
3,054| ||||**227,519**
**191,697**| ||||66,437
42,631
-
-
367,896
325,265| ||||**434,333**
**367,896**| 22