2024-03-31-accounts

COMPANY REGISTRATION NUMBER: 03212347 CHARITY REGISTRATION NUMBER: 1057916

Wear Valley Women's Aid Limited Company Limited by Guarantee

Unaudited Financial Statements

31 March 2024

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2024

	Page
Trustees' annual report (incorporating the director's report)	1
Independent examiner's report to the trustees	7
Statement of financial activities (including income and
expenditure account)	8
Statement of financial position	9
Notes to the financial statements	10
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 2024

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 2024.

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	Jane Freeman
	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 2024

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 Act. 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 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 2024

Achievements and performance

This has been a successful year in the Refuge- we have been running at full capacity utilising all 8 rooms including the basement flat, which has been used both for those with mobility issues as well as larger families. The rear exterior is finally completed, all thanks to the generosity of the Ex-Pat Project, and the play area and outdoor seating area have been well-used by our residents. This year also heralded the start of a more positive period for us, as Wear Valley Women’s Aid was awarded a two-year contract without actually having to bid to retain the service. Durham County Council (DCC) had planned to put refuge services county-wide out to tender but this was shelved. In addition to the retention of the current service, we have also been awarded a boost of £70,000 starting in April 2024 to bolster what we offer in terms of support for work with children and young people (CYP), and for those with mental health issues. This money will be used to employ a part time CYP worker, and to strengthen our mental health provision with weekly workshops provided by our counsellor. We also intend to employ a part-time office worker. The staff team has seen a few internal changes over the past year, but we have now settled upon a model that we think will more than cover all requirements utilising the additional grant mentioned. This is alongside the specialist counselling offered to current and ex-residents from our in-house counsellor, and once again we thank the Scotto Trust for believing in us and continuing to fund this invaluable work. The difference it makes to our clients cannot be underestimated.

So once more our main source of funding is via DCC’s Adult Health Commissioning Service (formerly Supporting People), as well as rental income which is invariably claimed from Housing Benefit again via DCC.

Training continued for all staff; this again included the You and Me mum programme, and support staff undertook training in the new DASH risk assessment and Helping Hands amongst other programmes.

Currently support staff are continuing to deliver weekly sessions based around the Freedom Programme, the Power of Change, as well as You and Me Mum, to both residents and outreach clients.

Clients requiring accommodation again came to us from both the local region as well as from various parts of the country, but predominantly from the North-East. We are usually either full or with 1 or occasionally 2 rooms to spare, as referrals continue to be high. We are now able to offer more bed spaces to larger families as in the New Year we have incorporated bunk beds and sofa beds into more rooms. We have been able to accommodate more children because of this, and this has coincided well with our appointment of a CYP worker for 2024/25. We have also adapted unused space in the basement to create a large communal kitchen and that will have a large table for both family cooking and for children’s activities with the CYP worker.

We continue to offer a drop-in, outreach and telephone helpline service for those looking for advice and guidance, rather than accommodation. Many women have continued to access this service over the year, which demonstrates that the extent of DV is not indicated by refuge numbers alone, but is much more prevalent.

This year we were again very lucky to receive donations from wide and varied sources, from small to much larger amounts, and whilst all are not named here (in fact some donors like to remain anonymous) we are hugely grateful to them all.

Mrs Ruffer gave us two family tickets for the Auckland Project and many of our residents have benefited from these. In addition to this we had trips to local soft play areas, pizza nights, a fantastic Halloween party and a trip to Auckland Castle for lunch.

3

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2024

Durham Soroptimists are a continuous support to us throughout the year providing ever-useful donations, as is Father Dennis of St. Mary’s and St. Wilfrid’s RC Churches. We wish Fr Dennis a long and healthy retirement; he has been a staunch supporter of the Refuge for many years.

For the disabled suite, our PCC Joy Allen donated £500 for a sofa bed, and we also received £500 from Believe Housing for household items for this new accommodation. Busy Bees, DULOG Theatre Group, the Dunelm Foundation, the Jusaca Trust and Busy Fingers were all very generous to us. HMP Low Newton held a fundraiser for us on International Women’s Day, and the Conservative Club in Coundon held a karaoke night to raise funds for us.

Christmas was an especially festive time in the Refuge this year. Thanks to both MKM and to Hathaway Roofing we were able to stage something special for our residents. Hathaway’s paid for an amazing Christmas party complete with Santa himself (who bore a remarkable resemblance to our handyman!), gifts and party food for all residents, children and grown-ups alike. MKM provided Christmas Day food, a huge amount of Christmas toys and gifts for all ages, as well as a major refill of our own in-refuge “food bank”. This really did make a huge difference to everyone staying with us this Christmas- we were able to give giant Santa sacks and Christmas pyjamas to all, as well as Christmas dinner and tea. We were so grateful for this wonderful boost for all our residents, and everyone really got into the spirit of the occasion.

At the heart of all we do, is improving and maintaining the wellbeing and safety of our clients. And not just whilst they are in Refuge, but afterwards in the wider community. Our aim is to help women to reach a stage where they are able to live stable, secure and fulfilled lives, free from abuse, back in the community. Those who help us to help them achieve this, we thank from the bottom of our hearts.

4

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2024

Financial review

The charity's financial position at the end of the year ended 31 March 2024

The financial position of the charity at 31 March 2024 and comparatives for the prior period. as more fully detailed in the accounts, can be summarised as follows:-

detailed in the accounts, can be summarised as follows:-
	2024	2023
	£	£
Net income	40,069	66,437
Unrestricted Revenue Funds available for the general
purposes of the charity	228,707	163,647
Designated Fixed Asset Funds	237,875	255,193
	─────────	─────────
	466,582	418,840
Restricted Revenue Funds	7,820	15,493
	─────────	─────────
Total Funds	474,402	434,333
	═════════	═════════

Financial review of the position at the reporting date, 31 March 2024

The trustees consider the financial performance by the charity during the year to have been satisfactory.

Policies on reserves.

The Charity's policy with respect to income reserves, is to maintain these at a level to meet its staffing cost needs within the next 9 months. At 31st March 2024 the unrestricted income fund was sufficient to comply with this policy.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Plans for future periods

We always plan for the future sensibly, trying to be cost-effective and always working towards what is best for the service in the long-term. For example, our plan to appoint an extra pair of hands in the office, will free up managers to be able to devote more time to updating policies, implementing change, overseeing the client cohort, keeping up to date with ever evolving legislation around domestic abuse issues, undertaking further training, and more effectively train and supervise staff.

We have also recently instructed CDS Security and Fire Services, based in Durham, to improve and extend our CCTV coverage, and also to provide an additional monitor in a second office. This work will begin shortly and will provide extra security within the Refuge.

5

Wear Valley Women's Aid Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {ct)ntinu8d) Year ended 31 March 2024 Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees. annual report was approved on 3111012024 and signed on behalf of the board of trustees by.. A Hope Trustee

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Wear Valley Women's Aid Limited

Year ended 31 March 2024

I report to the trustees on my examination of the financial statements of Wear Valley Women's Aid Limited ('the charity') for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

31/10/2024

Jane Freeman FCCA Independent Examiner 58 Durham Road Birtley Co Durham DH3 2QJ

7

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2024

			2024		2023
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	7	40,380	125,248	165,628	240,867
Charitable activities	8	119,656	–	119,656	52,948
Other trading activities	9	206	–	206	104
Investment income	10	78	–	78	37
		─────────	─────────	─────────	─────────
Total income		160,320	125,248	285,568	293,956
		═════════	═════════	═════════	═════════
Expenditure
Expenditure on raising funds:
Costs of raising funds	11	12,125	–	12,125	17,427
Expenditure on charitable activities	12	53,614	81,496	135,110	148,381
Governance costs	13	3,354	94,910	98,264	61,711
		─────────	─────────	─────────	─────────
Total expenditure		69,093	176,406	245,499	227,519
		═════════	═════════	═════════	═════════
		─────────	─────────	─────────	─────────
Net income		91,227	(51,158)	40,069	66,437
		═════════	═════════	═════════	═════════
Transfers between funds		(43,485)	43,485	–	–
		─────────	─────────	─────────	─────────
Net movement in funds		47,742	(7,673)	40,069	66,437
Reconciliation of funds
Total funds brought forward		418,840	15,493	434,333	367,896
		─────────	─────────	─────────	─────────
Total funds carried forward		466,582	7,820	474,402	434,333
		═════════	═════════	═════════	═════════

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 10 to 21 form part of these financial statements.

8

Wear Valley Women's Aid Limited Company Limited by Guarantee Statement of Financial Position Year ended 31 March 2024 2024 2023 Note Fixed assets Tangible fixed assets 18 237,875 255,193 Current assets Debtors Cash at bank and in hand 49 10.736 228.971 9.854 172,466 239.707 182,320 Creditors: amounts falling due within one year Net current assets 20 (3.180) (3,180) 236.527 179,140 Total assets less current Ilabllltles 474.402 434,333 Net assets 474,402 434,333 Funds of the charity Restricted funds Unrestricted funds Designated funds Total charity funds 7,820 228.707 237,875 15,493 163,647 255,193 434,333 22 474,402 For the year ending 31 March 2024 the charity was entitled to exemption from audii under section 477 of the Companies Act 2006 retating to small companies. Directors. responsibilities.. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilrties for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements vRre approved by the board of trustees and authorised for issue on 3111012024, and are signed on behalf of the board by.. P Carling Trustee The note6 on pages 10 to 21 fo￿ part of thèso financial statsments.

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2024

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 DCC Adult Health Commissioning 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.

10

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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.

11

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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.

12

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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

Donated goods, services and facilities
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Included in Donations and Legacies:
Donated goods and services	2,031	–	2,031
Included in Other Trading Income:
Income from the sale of donated goods	–	–	–
	────────	────────	────────
	2,031	–	2,031
	════════	════════	════════

13

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

6. Donated goods, services and facilities (continued)

	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
	════════	════════	════════

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

Income from donations and legacies
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Donations
Small donations individually less than £1,000	341	–	341
Grants - from public bodies
DCC Adult Health Commissioning	–	125,248	125,248
Believe Housing	500	–	500
Ex-Pat Trust	12,500	–	12,500
National lottery	10,000	–	10,000
Grants - from non public bodies
Small grants individually less than £1,000	4,838	–	4,838
Jasaca Trust	5,000	–	5,000
Dunelm Foundation	2,000	–	2,000
Hathaway Roofing	2,170	–	2,170
MKM	1,000	–	1,000
	────────	─────────	─────────
	38,349	125,248	163,597
	════════	═════════	═════════

14

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

7. Income from donations and legacies (continued)

	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
	═════════	═════════	═════════

8. Income from charitable activities

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Resident charges	119,656	119,656	52,948	52,948
	─────────	─────────	────────	────────
	119,656	119,656	52,948	52,948
	═════════	═════════	════════	════════

9. Other trading activities

Other trading activities
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Laundry	206	206	104	104
	────────	────────	────────	────────
	206	206	104	104
	═════════	═════════	════════	═══════
Investment income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2024	Funds	2023
	£	£	£	£
Bank interest receivable	78	78	37	37
	════	════	════	════

10. Investment income

15

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

11. Costs of raising funds

Costs of raising funds
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2024	2023
	£	£	£	£
Gross wages and salaries	10,386	–	10,386	15,661
Employers NI	726	–	726	679
Pension Contributions	653	–	653	751
Miscellaneous funding costs	360	–	360	336
	────────	────────	────────	────────
	12,125	–	12,125	17,427
	═════════	═════════	═════════	═════════

All costs in the prior year were unrestricted

12. Expenditure on charitable activities

Expenditure on charitable activities
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Gross wages and salaries	–	48,647	48,647
Employers NI	–	3,021	3,021
Pension Contributions	–	2,788	2,788
Counsellor Fees	–	7,673	7,673
Donations to residents	–	3,084	3,084
Trips and Activities	–	1,716	1,716
Rent refunds	14,598	–	14,598
Light, Heat & Water	836	7,528	8,364
Council Tax	227	2,040	2,267
TV Licence and Rental	–	159	159
Cleaning	6	60	66
Household	–	4,780	4,780
Property repairs	5,809	–	5,809
Printing, Stationery & Advertising	1,700	–	1,700
Telephone and postage	2,271	–	2,271
Computer support & software	1,368	–	1,368
Membership fees	–	–	–
Sundries	1,039	–	1,039
Insurance	6,063	–	6,063
Licence fees	220	–	220
Other professional & legal fees	48	–	48
Depreciation	2,206	–	2,206
Amortisation	17,223	–	17,223
	────────	────────	────────
	53,614	81,496	135,110
	═════════	═════════	═════════

16

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

12. Expenditure on charitable activities (continued)

	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
	═════════	═════════	═════════
Expenditure on governance costs
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Legal and professional
Accountancy	3,180	–	3,180
Employee costs
Motor expenses & travel	174	–	174
Conferences and training	–	–	–
Management and administration	–	83,723	83,723
Employers NI	–	5,471	5,471
Pension Contributions	–	5,716	5,716
	────────	────────	────────
	3,354	94,910	98,264
	════════	═════════	═════════

13. Expenditure on governance costs

17

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

13. Expenditure on governance costs (continued)

13.	Expenditure on governance costs(continued)
		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
		════════	═════════	═════════
14.	Net income
	Net income is stated after charging/(crediting):
			2024	2023
			£	£
	Depreciation of tangible fixed assets		19,429	16,519
			════════	════════
15.	Independent examination fees
			2024	2023
			£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial statements		3,180 ═══════	3,180 ═══════

16. Staff costs

Staff costs	Staff costs
The total staff costs and employee benefits for the reporting period are analysed as		follows:
	2024	2023
	£	£
Wages and salaries	51,989	50,392
Social security costs	9,218	8,025
Employer contributions to pension plans	9,157	8,149
Salaries and benefits paid to key management personnel	90,766	82,280
	────────	────────
	161,130	148,846
	════════	════════

The average head count of employees during the year was 6 (2023: 6). The average	The average head count of employees during the year was 6 (2023: 6). The average	number of
full-time equivalent employees during the year is analysed as follows:
	2024	2023
	No.	No.
Engaged on charitable activities	4	4
Engaged on fundraising activities	1	1
Engaged on management and administration	1	1
	────	────
	6	6
	════	════

No employee received employee benefits of more than £60,000 during the year (2023: Nil).

18

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

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

Tangible fixed assets
	Freehold	Plant and	Fixtures and
	property	machinery	fittings	Total
	£	£	£	£
Cost
At 1 April 2023	430,587	8,625	20,127	459,339
Additions	–	456	1,655	2,111
	─────────	─────────	─────────	─────────
At 31 March 2024	430,587	9,081	21,782	461,450
	═════════	═══════	════════	═════════
Depreciation
At 1 April 2023	179,714	5,486	18,946	204,146
Charge for the year	17,223	811	1,395	19,429
	─────────	───────	────────	─────────
At 31 March 2024	196,937	6,297	20,341	223,575
	═════════	═══════	════════	═════════
Carrying amount
At 31 March 2024	233,650	2,784	1,441	237,875
	═════════	═══════	════════	═════════
At 31 March 2023	250,873	3,139	1,181	255,193
	═════════	═══════	════════	═════════
Debtors
			2024	2023
			£	£
Prepayments and accrued income			10,736	9,854
			════════	═══════
Creditors: amounts falling due within	one year
			2024	2023
			£	£
Accruals and deferred income			3,180	3,180
			═══════	═══════

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 £9,157 (2023: £8,149).

19

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

22. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	At					At
	1 April 2023	Income	Expenditure	Transfers	31 March 2024
	£	£	£	£		£
General Fund	163,647	160,320	(69,093)	(26,167)		228,707
Designated Fund	255,193	–	–	(17,318)		237,875
	─────────	─────────	────────	────────		─────────
	418,840	160,320	(69,093)	(43,485)		466,582
	═════════	═════════	════════	════════		═════════
	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
	═════════	═════════	════════	════════		═════════
Restricted funds
	At					At
	1 April 2023	Income	Expenditure	Transfers		31 March 2024
	£	£	£	£		£
Supporting People	–	125,248	(168,733)	43,485		–
Counsellor Funding	15,493	–	(7,673)	–		7,820
	────────	────────	────────	────────		────────
	15,493	125,248	(165,492)	43,485		7,820
	════════	═════════	═════════	═════════		════════
						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 ═════════

23. Analysis of net assets between funds

Analysis of net assets between	funds
	Unrestricted	Restricted	Endowment	Total Funds
	Funds	Funds	Funds	2024
	£	£	£	£
Tangible fixed assets	–	–	237,875	237,875
Current assets	231,887	7,820	–	239,707
Creditors less than 1 year	(3,180)	–	–	(3,180)
	─────────	───────	─────────	─────────
Net assets	228,707	7,820	237,875	474,402
	═════════	═══════	═════════	═════════

20

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2024

23. Analysis of net assets between funds (continued)

Analysis of net assets betwe	en funds(continued)
	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
	═════════	════════	═════════	═════════

21

Wear Valley Women's Aid Limited

Company Limited by Guarantee

Management Information

Year ended 31 March 2024

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 2024 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 Premises costs: Light, Heat & Water Council Tax TV License and Rental Cleaning Household Property repairs General administration expenses: Printing / Stat/Advertising Telephone and postage Computer support & software Membership fees Sundries Insurance Licence fees Other professional & legal fees Depreciation: Furniture depreciation Office equipment depreciation Amortisation of building Governance costs Legal and professional: Accountancy Employee costs Motor expenses & travel Conferences and training Management and administration Employers NI Pension contributions Total resources expended Net Incoming/(Outgoing) Resources Transfer between funds Reserves brought forward at 1 April 2023 Reserves at 31 March 2024	General Funds Designated Funds Total Unrestricted Funds 40,380 - 40,380 78 - 78 - - - 119,656 - 119,656 206 - 206 160,320 0 160,320 10,386 - 10,386 726 - 726 653 - 653 360 - 360 - - - - - - - - - - - - - - - - - - - 14,598 - 14,598 836 - 836 227 - 227 - - - 6 - 6 - - - 5,809 - 5,809 1,700 - 1,700 2,271 - 2,271 1,368 - 1,368 0 - 0 1,039 - 1,039 6,063 - 6,063 220 - 220 48 - 48 1,394 - 1,394 812 - 812 17,223 - 17,223 3,180 - 3,180 174 - 174 - - - - - - - - - - - 69,093 - 69,093 91,227 - 91,227 (26,167) (17,318) (43,485) 163,647 255,193 418,840 228,707 237,875 466,582 Unrestricted	DCC Adult Health Commissioning Counsellor funding Total Restricted Funds 125,248 125,248 - - - - - - - - - - - - 125,248 0 125,248 - - - - - - - - - - - - 48,647 - 48,647 3,021 - 3,021 2,788 - 2,788 - 7,673 7,673 - - - 1,716 - 1,716 3,084 - 3,084 - - - 7,528 - 7,528 2,040 - 2,040 159 - 159 60 - 60 4,780 - 4,780 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 83,723 - 83,723 5,471 - 5,471 5,716 - 5,716 168,733 7,673 176,406 (43,485) (7,673) (51,158) 43,485 - 43,485 - 15,493 15,493 - 7,820 7,820 Restricted funds	Total Total 2024 2023 £ £ 165,628 240,867 78 37 0 - 119,656 52,948 206 104 285,568 293,956 10,386 15,661 726 679 653 751 360 336 48,647 65,902 3,021 3,966 2,788 4,030 7,673 5,948 0 - 1,716 448 3,084 945 14,598 8,883 8,364 16,485 2,267 2,007 159 159 66 59 4,780 2,959 5,809 7,293 1,700 2,368 2,271 1,528 1,368 860 0 1,030 1,039 1,123 6,063 5,784 220 20 48 65 1,394 1,180 812 785 17,223 14,554 3,180 3,180 174 284 0 390 83,723 51,109 5,471 3,380 5,716 3,368 245,499 227,519 40,069 66,437 0 - 434,333 367,896 474,402 434,333

23