REGISTERED COMPANY NUMBER: 03159029 (England and Wales)
REGISTERED CHARITY NUMBER: 1065427
Report of th• TNstee8 and
Flnanclal Statements for the Year Ended 31 March 2024
Th• Havèn Wolverhampton
Haines Watts Wolverhampton Limited
Statutory Auditors
Keepers Lane
The Wergs
Wolverhampton
West Midlands
WV6 8UA

The Haven Wolverhampton
Contents of the Flnanclal Statements
for the Year Ended 31 March 2024
Page
Report of the Trustee8
1 to 10
Report of the Independent Audltor8
11 to 14
Statement of Flnanclal Actlvltle8
15
Balance Sheet
16
Cash Flow Statement
17
Note8 to the Ca8h Flow Statement
18
Not•8 to the F5nanclal Statements
19 to 31
Detalled Statement of Flnanclal Actlvltl•8
32 to 33

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
ObJe¢tlve8 and aims - Charitable Purpose8
The Haven's Values- To provide safe, high-quality support, in an environment of dignity and respect. To listen
and respond with understanding and compassion. Act with responsibility and dil￿en￿.
The Haven's Vision - For all women and children to live in a society free from oppression, homelessness,
Violen￿ and abuse, and to promote and uphold human rights.
The Haven's Mission - To provide support to women and dependent children who are vulnerable to domestic
abuse and homelessness.
The Haven achieves this by providing safe, temporary, emergency accommodation and community-based
support seplices. The Haven provides direct one-to-one support in a safe environment, telephone advice, and
24-hour helpline.
The Haven's activities are consistent with the Charitable Purposes and Continues to focus on provision of
"relief to those in need, by reason of youth, age, illness, disabilty, financial hardship or other disadvantage"
and to work towards the advancement of health andlor the saving of lives of those women and children at risk
of violence and abuse.
The Focu8 of our Work - 2023124
Our strategic priorities:
1) Haven Identity - The Haven's history and ethos are acknowledged, celebrated and guide what we do
2) Haven Focus- Issues affecting vrfornan and children are understood and acted upon
3) People and Community- Continuously developing and enhancing relationships with our communities
4) Communication and Access Women and children can access places of safety and routes to support
wherever they are
5) Participation and Inclusion - Support is available to all woman and children who need it
6) Innovation, Sep4ice Growth and Impact - Connecting with organisations and Government agencies to
improve and sustain our sep4ices
Key 8eneflts - Achlevom•nt8 and Performance Durlng 2023124
In 2023124 Th8 Haven Wolverhampton delivered on its strategic objectives, achieving several notable
benefits to the public. The following section provldes an overview.
Page 1

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Public benefit
The Haven Wolverhampton remains committed to offering essential support to women and children subjected
to domests"c abuse and homelessness. Throughout 2023124, we supported more than 1.600 women and
children to make them physically and emotionally safer. helping them to heal, feel empowered, and rebuild
their lives.
In 2023, The Haven marked its 50th year. Our organisation is consKlered a key centre of expertise for
domestic abuse and homelessness in the community, holding a major contract with the City of
Wolverhampton Council to offer vital services.
Our support this year included a 2417 helpline, secure housing, community outreach, wellbeing and
counselling services, specialised support for children and young people, and financial and legal advocacy.
As essential first points of contact, we reswnded to more than 8,500 helpline calls. Live Chat and WhatsApp
messages, demonstrating the demand for our services. Feedback from Anita., a supported woman. illustrates
the impact of our helpline-.
.I'm grateful for your support for taking your time to listen to me and you stayed
professional during the whole process. Thank you so much... you are all doing valuable work for women in the
community."
We consistently enhance our digital platforms
such as our website and social media
to improve
accessibility. reach more people. and provide resources to those affected by domestic abuse and
homelessness.
We conts'nued to offer safe and supportive accommodation and this year, have housed approximately 190
women and 176 children.
The Haven frequently organises activities to improve women and chlldren's wellbeing and nurture a sense of
belonging. Jodie. who sought refuge three days before Christmas Day, said. I was wondering how I would
make my children's Christmas better after all the confusion of moving them from their family home. This
made me feel even more sad, but due to the kind support I have received from The Haven... I was able to
make my children's Christmas wonderful."
To assist women transitioning to independent living, we provided small grants that enabled them to buy
essential items such as microwaves and fridge freezers. This support eases the financial strain victims often
experience when leaving an abusive relationship. Kemi. who received a grant to buy a microwave, said:
can freeze and re-heat leftovers now. saving me money!" Mel. a young mother who was able to buy a fridge
freezer and stock it with food when she moved to her own home. told her key worker that the grant made
big difference.
When leaving the accommodation servlce, Sara. highlighted its impact. ' ..Thank you to all stsff members of
The Haven who helped me when nobody was with me and I had nothing at that time. You always gave me
physical, mental, and financial support. . . Now l am feeling at ease because I got everything which is needed
for sutvival."
Our community sep4ices play a vital role in supporting women and children, regardless of their living
arrangements, to reduce domestic abuse-related risks and enhance safety and wellbeing. In 2023124 the
community team supported rn0￿ than 1.200 women.
Dee. was supported through the communty ISVA (Independent Sexual Violence Advisor) after suffering
years of abuse in her marriage. She attended support groups, offering emotional support and informats'on on
various topics from healthy relationships to court support. Dee" left her husband and thanked The Haven for
our support. saying she would never have left the marriage without it, saying: "l am free and happy."
Our Sexual violen￿ team offers a safe space and personalised care for survivors. Our ISVA team supported
60 women, while our Children's Independent Sexual Violence Advisors (ChlSVA) and Children's Independent
Domestic violen￿ Advisors (ChlDVA) who manage high-risk CYP cases provided critical support to 63
children collectively. Our support, combined with broader advocacy efforts, aims to drive societal change
while combatting sexual violence.
Page 2

The Haven Wolverhampton
Report of the Truste•s
for the Year Ended 31 Ma￿h 2024
OBJECTIVES AND ACTIVITIES
We advocated for migrant women's r￿hts and our collaboration through strategic partnerships and resource
sharing has had positive results. We were able to facilitate the repatriation of Sia" who had no recourse to
public funds and wanted to return to the safety of her family after escaping abuse. In 2023124 we supported
12 vrfomen who, like Sia. had no recourse to public funding.
Our Wellbeing Service remains a comerstone of our support framework. We've helped over 220 women
through counselling, available in seven languages., our Life Skills Programme empowered individuals
transitioning to independent living, equipping them with skills and resources for long-term stability and
resilience., our Freedom To Transform Programme helps women to understand what domestic abuse is and
gives them the tools to take control of their life. and The Dolphin Programme helps parents to understand the
impact of abuse on their children and with professional guidance, equips them with the skills to support their
children through it too.
Mia", a stroke survivor with multiple needs, completed the Life Skills Programme to help her with better
budgeting and improved living to support her move to her own home. Commenting on her improved wellbeing
and independence, Mia. said..
-Knowing that all my bills are being taken care of and having the extra
support has significantly improved my mental health. I feel financially comfortable and in control of my money.
If asked to rate the support out of 10,1'd give it 11.
Our children and young people service offers support to younger victims and includes 1-2-1 therapeutic
support and play therapy. A supported child, Abi. struggled to make eye contact with others but her sessions
helped her to grow in confidence and she now makes eye contact when she talks. She told a key worker that
she feels happier. Based on data of 73 children who were being supported at the time of the supley, 900/0 said
they had made progress in terms of their wellbeing.
As part of our preventive work, our MENgage and EmpowHER programme continued to challenge harmful
stereotypes and promote gender equality with the view to build healthier, more respectful relationships among
young individuals. In 2023124, approximately 700 Year 9 pupils from various Wolverhampton schools
participated.
This year, more than 2,200 people have benefitted from The Haven's accredited training (an incr8ase of 390
compared with the previous year), maintsining our commitment to raising awareness and promoting positive
change within the community. Our courses cover many topics including Domestic Abuse Awareness and
Female Genital Mutilation, and some courses are available as e-learning as a flexible and cost-effective
option. Our heritage makes us well placed to educate and share best practice with others.
Our work to engage employers and encourage the implementation of domestic abuse policies has been
instrumental in creating safer and supportive work environments. We organised the 'Purple Pledge
Domestic Abuse and Employment Conference, in October 2023 to bring together employers and other
stakeholders to address the complexities of domestic abuse and advocate for change within the workplace.
Our training, domestic abuse policy, and conference are efforts to promote prevention and encourage early
intervention of domestic abuse, while seeking to create a more empathetic and well-informed society that is
better equipped to address these issues.
This year, a key challenge we've recognised is our current Case Management System (CMS) and its ability to
record meaningful data that enables us to innovate and report on our impact. We have invested in our
technology and data function with a new CMS and a Data and Systems Officer to support the Strategic Lead..
Data and Technology. Work has been underway on The Haven's digital transformation and to implement the
new CMS so that we can innovate, map the journey of those we support, measure impact, refine services,
improve effi'ciency. inform strategic decisions, and identfy areas to upskill staff.
Another challenge we have fa￿d is recruitment of staff and trustees. Our priority with any new appointment
is that the person has the correct and complementary skillset to drive our organisation forward and ensure
that we conts'nue to deliver the best possible servi￿.
Page 3

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
As we reflect on the past yearfs achievements and challenges, our dedication to provKling public benefit
through our charitable activities remains steadfast. The tangible impact on the lives of v4￿men and children
served by The Haven Wolverhampton illustrates our commitment to creating a safer and more inclusive
society for all. Moving fop4vard, we will continue to deliver on our mission, and work towards achieving our
vision, ensuring that our collective efforts continue to drive meaningful and lasting change.
"Names have been changed to protect identities.
Page 4

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE
Fundraising actlvltles
Fundraising at The Haven has continued to grow during 2023124, despite the ongoing cost of living crisis.
The fundraising team organised a range of activities in celebration of The Haven Wolverhampton's 50th year
and made many new connections across the West Midlands. The team successfully brought in a total of
£385,040
The Haven has paid the Fundraising Levy for 2023124 and has continued its organisational membership with
the Fundraising Regulator., the body responsible for the Fundraising Codes of Practice. We have also
contributed to the 2023 Consultation of the Codes, offering organisational feedback to the national review.
This continues our commitment to ethical and best practice fundraising and demonstrates our continued
commitment to the Fundraising Promise. There have been no investigations into The Haven via the Regulator
this year. Our Fundraising Manager is also an Individual member of the Chartered Institute of Fundraising
(CloF) and a board member on the National CloF Convention team, demonstrating a further commitment to
best practice.
Our main public-facing fundraising income is generated through The Haven's organised events, as well as
challenges taken on by the public 'in aid of The Haven. for which we are very grateful. This occurs alongside
corporate partnerships and both regular and one-off donations made by individuals and businesses. All
fundraising is managed by The Haven's Fundraising team and adthoc volunteer support; we do not utilise
professional fundraisers. This year, we have continued to work with a third-paty consultant to continue to
provide external knowledge where we do not have the expertise in-house. We have not worked with any
commercial participators.
The Haven has a robust and supportive process for managing fundraising undertaken by others. Our
'Fundraise For Us, section on the website provides a host of useful documents including how to keep
fundraising safe and legal. Links to relevant guidan￿ is also shared with all supporters who undertake any
fundraising activity for The Haven via their letter of authority andlor the most relevant agreement; this is
applicable for both 'in aid of supporters and 'on behalf of supporters.
We have had many key successes during our 50th year; we were thrilled to secure 56 skydivers for our Jump
50 challenge,. registering at least one skydiver to represent each year in The Haven's history. The event
raised £30,000 profit and is making a return in 2024. Another key success was our 50th Anniversary Ball held
at Grand Station where we welcomed 400 guests to toast 50 years of our vital services. Guests were
entertained with a live singer, casino tables, and a flashmob performance. The event raised over £20,000
profit which will ensure vltal services at The Haven can continue.
The Haven has not received any formal complaints this year in relation to fundraising. We have policies and
systems in place to record and report any complaints we do receive. We display the Fundraising Regulator
promise on our website and ensure that should a supporter wish to make a complaint., they have a clear
process available. Our pro￿dure states that we acknowledge written complaints within five working days, and
we aim to resolve them within 28 days. Complaints are dealt with in the first instance by the Fundraising
Manager and escalated where necessary to the Chief Executive and would be reported to the Fundraising
Regulator.
The Haven has a vulnerable person policy that is accessible on our website to supporters and is consistsntly
reviewed against the Regulator. This is also shared with the fundraising team as part of induction and on an
on-going basis through refresher training to ensure an ongoing awareness of the importance of protecting
vulnerable people fundraising or donating to The Haven. Internal policies are reviewed regularly to ensure
relevance and the fundraising team continue to demonstrate vigilance at events and through donations to
ensu￿ high leve15 of support for vulnerable persons.
Our intemal database records information on consent and our fundraising team ensures this is regularly
updated in line with each donors, preferences. We are also signed up to the Fundraising Preference Service
to enable individuals to opt out from receiving fundraising communications from us. We have not received any
requests via the service.
Page 5

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
FINANCIAL REVIEW
Flnanclal posltion
The year under review has been extremely challenging. as can be seen from our detailed accounts, with
unforeseen expenditure and income levels not being as forecast.
Fundin
sources- During the year, some income levels vRre not as expected or forecast. Income secured
through Housing Benefit for the year was unfortunately lower than expected and The Haven was unable to
fully recover all necessary expenditure on enhanced out of hours security measures implemented across our
refuges and safe accommodation services. Income forecasts within the annual budget through Grants
Re￿Ivable and Enterprise activities were also not fully realised.
These cuts in funding also obliged us to restructure a number of projects which sadly meant that some valued
staff members were made redundant, resulting in further unexpected costs. This restructuring process has
continued into the current year and has resulted in considerable cost savings without significantly reducing
our levels of service.
- The Haven continued to resource and maintain its Refuges and safe accommodation
to a high standard to ensure provision of a safe and Secu￿ environment for the women and children we
support.
However, The Haven did incur substantial additional costs during the year, some of which were covered by
reserves which we were unable to recover through alternative funding streams:
Provision of enhanced out of hours security measures across our refuges and safe accommodation
Upgraded Fire Protection - due to a change in Fire Safety Regulation5
Additional recruitment costs increase in agency staff. difficulty to recruit to specialist roles,
Counselling services - increased demand for survivors.
Essential system upgrades
Investrnent into children services
These major factors have resulted in The Havens reserves being substantially reduced during the year. At
year*nd total unrestricted reseDies stand at £1.841.447, the major part represented in fixed assets.
essents'ally the buildings and refuges from which The Haven's services and support are provided.
mmi
LODI - in light of this, Trustees have taken urgent action to begin to restore
reserves to the desired level and to have a positive impact on the current deficit position. A robust action plan
is in place, ensuring the budget for the forthcoming year is monitored closely by Trustees each month. with
the aim to achieve a breakeven result at March 2025. All costs have been reviewed and substantial savings
and efficiencies have already been made and are on4oing. For the six months to September 2024, we are
pleased to confirm that a surplus has been achieved.
Unrestricted net curren
a ts - At March 2024, Un￿strICted net current assets of The Haven stand at
£245,433 (2022123 £799,824).
Reserves and retalned fund8 poIIcy
Reserves are essential and needed to meet the day to day working capitsl requirements of the charity. to help
provide for unexpected delays with payment or withdrawal of major grants or contracts.
The Board of Trustees established a policy, whereby the unrestricted funds not committed or invested in
tsngible fixed assets (the 'free' reserves) should be assigned to enable The Haven to accumulate three
months running costs to support continuation of services and essential requirements of the Charity. Budgeted
expenditure for 2024125 is forecast to be £3.443.668. This suggests a three-month ￿SerVeS target of
£860,917. As noted in previous paragraphs, the charity ended the year with free resenies of £245,433. It is
acknowledged that this is not in line with the organisation's reserves policy, but we have confidence in our
strategy to improve this and to continue to increase financial resilience.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govemlng document and Constltutlon
The Haven Wolverhampton is a charitable company limited by guarantee, incorporated in 1996 (Company
Limited by Guarantee No. 031590291, registered as a charity in 1995 (Registered Charity No. 1065427). The
company was established under a Memorandum of Associab'on that established the objects and powers of
the charitsble company and is governed under its Ath'cles of Associats'on which was last updated in March
2016.
Page 6

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The directors of the company are also the charity trustees for the purposes of charity law. Under the
companies, artides they are known as members of the board. Under the requirements of the Articles of
Association the members of the board are appointed to serve for a period of three years after which they must
be re*lected at the next annual general meeting for a further period of three years following which they stand
down for a minimum period of 18 months before being able to request to re-join the board.
Recrultmont to the board
Recruitment Is made following an open selection process with the appointment ratified at the Annual General
Meeting. It is important that the skills and competencies reflect the roles and responsibilities required by law
for Charity Trustees and Company Directors and we are able to co￿OPt members to support that.
Development and growth
It is clear from Haven's Board records that Trustee membership has changed considerably between
De￿rnber 2023 and February 2024.
After many years of stability with Board members, the organisation has found it challenging to recruit a
complementary team of expertise to govern and lead the charity forward. Therefore, this resulted in turnover
being higher than expected.
After substantial changes, both structurally, financially and operationally The Board of Trustees role is more
crucial than ever, and remaining members are aware of the key role they play in moving the charity forward
into the next strategic phase. It is essents'al The Haven leams from this period and recruitment reflects the
needs of the Charity.
We are currently advertising for expressions of interest from people who may wish to be a Trustee at the
Haven based upon a specific list of skill-set
Organ18atlonal 8tructuro
In the light of unexpected variances to Income and expenditure during the year, the Board of Trustees now
meet monthly (rather than quarterly) in order to monitor Charity business more closely.
Our Senior Leadership Team, now led by an Interim Chief Executive Officer, brings a breadth of expertise to
the organisation. Board members are informed by leading members of staff who produce papers for
consideration and decision. Access to documents, past and present, is provided through Teams so that
Trustees can readily review and confimi decisions.
Our focus remains to ensure close scrutiny of expenditure, in order to bring about savings and re-negotiate
contracts to secure best value.
The Board of Trustees have taken urgent action to begin to restore reserves to the desired level and to have
a positive impact on the current deficit position.
In addition, stsff and Trustees are absolutely committed to evidencing our best quality stsndards and
establishing valid data in order to secure the local authority contract due to be commissioned next year. and
to reassure other funding bodies.
Page 7

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND mANAGEmE￿r
Risk management
Our Board of Trustees is committed to effective risk management and a Risk Register is in place, monitored
monthly. for the purpose of identifying, assessing and mitigats'ng risks that may impact upon our ability to
provide outstsnding refuge and community services.
We also recognise the importance of managing risks related to governance, Complian￿ with legal and
regulatory requirements and staffing risks, including the need to attract and retsin a diverse and skilled
workforce.
Due to the extraordinary expenditure. The Board currently scrutinises spending to ensure our financial
prO￿dureS are firmly in place and observed.
Looking ahead, we are renewing our focus on financial resilience. Our Board of Trustees is committed to
overseeing our financial management practs'ces and ensuring that we have the resources we need to continue
making a positive impact in our community. By staying vigilant and proactive in managing external financial
risks. we can continue to fulfil our mission.
Publlc Beneflt Statement
Charits'es and Public Benefit - Trustee Directors of The Haven Wolverhampton confinn due regard to The
Charity Commission's guidance regarding 'Public Benefit,, and Compliance with Section 17 of The Charities
Act2011.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstor?d Company number
03159029 (England and Wales)
Regl8tor•d Charlty nurn￿r
1065427
Regl8tered offlce
Clo The Haven
POBox105
18 Waterloo Road
Wolverhampton
West Midlands
WV14BL
Trustees
Mrs N Hear- resigned 16.2.2024
Mr R H Marris - end of temi 5.6.2024
Mrs C Jones - resigned 3.12.2023
Ms S Parmar- dismissed 05.06.2024
Mrs S Harris - end of term 7.8.2023
Ms R North - resigned 2.1.2024
Mrs P Pringle - resigned 2.10.2023
Ms D Brayshaw - resigned 27.2.2024
Ms A Lawson - resigned 4.4.2024
Ms C Grant
Miss C M Wynne Howells
Mrs L Moran (Chair) - appointed 18.11.2023, Chair 27.02.2024
Co•OPtee'
Mr N Tinsley - Interim Treasurer- From 01.05.2024
Mrs Clare Roberts Maloy- From 20.05.2024
Page 8

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Auditors
Haines Watts Wolverhampton Limited
Statutory Auditors
Keepers Lane
The Wergs
Wolverhampton
West Midlands
WV6 8UA
Bankers
National Westminster Bank
Suite 3, First Floor
Brook Court
Whittington Hall
Whittington Road
Worcester
WR5 2RX
Reg18tered own6r8 of propertles - Nomlnated Trustee8
The title for a refuge property belonging to The Haven Wolverhampton is in the name of four ex trustees of
The Haven Wolverhampton as nominees. When the property was originally purchased, The Haven
Wolverhampton was not operating as a limited company, and so the title deeds had to be put in the name of
the twstees, as nominees. The title deed is currentty being updated.
The Haven Wolverhampton is the registered owner of all of the other properties.
TRUSTEES. RESPONSIBILITY STATEMENT
The trustees (who are also the directors of The Haven Wolverhampton for the purposes of company law) are
responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing those
financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charity SORP.,
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for tsking reasonable steps for the prevention and detection of fraud and
other irregularities.
In so far as the trustee5 are aware..
there is no relevant audit information of which the charitsble company's auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audit informats'on and to establish that the auditors are aware of that information.
Page 9

The Haven Wolverhampton
Report of the Trustees
for the Year Ended 31 March 2024
AUDITORS
A review of the audit service was conducted and completed during 2022.
The auditors, Haines Watts Wolverhampton Limited, were re-appointed by The Board of Trustees. This was
ft)rmally noted at The Haven Wolverhampton's Annual General Meeting in 2022.
At The Haven's Annual General Meeting in 2023, Haines Watts Wolverhampton Limited We￿ appointed for
audit services for 2023-24.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act
20(b ￿lating to small companies.
Approved by order of the board of trustees on
and signed on its behalf by..
L Moran -
Trustee
Page 10

Report of the Independent Audttors to the Members of
The Haven Wolverhampton
Opinlon
We have audited the financial statements of The Haven Wolverhampton (the 'charitable company,) for the
year ended 31 March 2024 which comprise the Statement of Financial Activities. the Balance Sheet, the Cash
Flow Statement and notes to the financial statements, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparats'on is applicable law and United
Kingdom Accounkn'ng Standards (United Kingdom Generally A¢￿pted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its
incoming resources and application of resources, including its income and expenditure, for the year then
ended,.
have been property prepared in accordance with United Kingdom Generally Accepted Accounting practi￿.,
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concem
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any materlal uncertaints'es relating to events or
conditsons that, individually or collectively, may cast significant doubt on the charilable company's ability to
continue as a going concern for a period of at least bNelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilrties of the trustees with respect to going concern are described in the
relevant sections of this report.
Other Infomiatlon
The trustees are responsible for the other information. The other infomation comprises the information
included in the Annual Report, other than the financial statements and our Report of the Independent Auditors
thereon.
Our opinion on the financial ststements does not cover the other information and. except to the extent
othe￿iSe explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the fi'nancial statements, our responsibility is to read the other information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or othetwise appears to be materially misstated. If we identify such
material inconsistencies or appa￿nt material misstatements, we are required to detemine whether this gives
rise to a material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required to
report that fact. We have nothing to report in this regard.
Oplnlons on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Report of the Trustees for the financial year for which the financial statements
are prepared is consistent with the financial ststements: and
the Report of the Trustees has been prepa￿d in accordance with applicable legal requirements.
Page11

Report of the Independent Audltors to the Members of
The Haven Wolverhampton
Matters on whlch we are requlred to report by exceptk)n
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit. we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you if, in our opinion..
adequate accounting records have not been kept or retums adequate for our audit have not been received
from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of trustees, remunerats'on specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to
prepare a Strategic Report or in preparing the Report of the Trustees.
Responslbllltle8 of trustees
As explained more fully in the Trustees, Responsibilities Statement, the trustees (who are also the directors of
the charitable company for the purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the
trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charrtable company's
ability to continue as a going concern. disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate Ihe charitable company or
to cease operations, or have no realistic altemative but to do so.
Page 12

Report of the Independent Audltors to tho Members of
Tho Haven Wolv•rhampton
Our responsibilities for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our opinion. Reasonable assuran￿ is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individualty or in the aggregate,
they could reasonably be expected to Influen￿ the economic decisions of users taken on the basis of these
financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
Irregularities, including fraud, are instances of non-compliance wrth laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below.
To assess the risk of irregularity through non-compliance with laws and regulations..
The audit engagement partner ensured that the audit team collectively had the appropriate experience,
competence and skills to undertake the audit of a charitable company, including having an understanding of
the applicable laws and regulations applying to such organisations.,
We identified the laws and regulations applicable to the charity, through our knowledge of the charity sector
and through discussions with management and the trustees.,
- We have obtained and reviewed minutes of meeting of the trustees.,
- We have reviewed the disclosures made within the financial statements and the trustees, report.
To assess susceptibility to misstatement in the charity's accounts, including how fraud might occur..
The audit team reviewed and documented internal controls.,
- We made enquirie5 of management and those charged with governance to ascertain where they
considered there to be suscepb'bility to fraud and whether they had knowledge or suspicion of fraud.
To address the risk of fraud through management bias and override of internal controls..
- We reviewed transactions with related parties and carried out analytical procedures to identify unusual
transactions or balances.,
- We reviewed and tested adjustments and Journals posted in the charity's financial systems for
appropriateness and approval processes.,
We tested the completeness of income and validity of costs.
- We considered the appropriateness of accounting estimates, where relevant.
We did not identify any key audit matters relating to irregularities, including fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities. including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of
non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as
fraud involves intentional concealment, forgery. collusion, omission or misrepresentation,
A further descripts'on of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at WV4*W.frc.org.uklauditorsresponsibilities. This description forms part of our
Report of the Independent Auditors.
Page 13

Report of the Independent Audltors to the Members of
The Haven Wolverhampton
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitsble company's members those matters we are required to state to them in an auditors, report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the charitable company and the charitable company's members as a body, for our audit work, for
this report, or for the opinions we have formed.
Geoffrey Hopwood BCOM FCA (Senior Statutory Auditor)
for and on behalf of Haines Watts Wolverhampton Limited
Statutory Auditors
Keepers Lane
The Wergs
Wolverhampton
West MKllands
V4V6 8UA
Date:
Page 14

The Haven Wolverhampton
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
361,908
23,132
385,040
406,326
Charltabl8 activities
Accommodation charges
Grants and contracts
1,267,114
785,281
1,267,114
1,414.015
1,140.822
1,867,725
628,734
Investment income
other income
14,195
30,652
14,196
48,152
4,085
35,301
17,500
Total
2,459,150
669,366
3,128,516
3.454,259
EXPENDITURE ON
Raising funds
217,560
217,560
159,554
Charltable actlvltles
Refuge costs
Special projects
1,926,743
913,968
903,418
2,830,161
913,968
2,096,064
859,538
Impairment of tangible fixed assets
(177,190)
(177,190)
Total
2,881,081
903,418
3,784,499
3,115,156
NET INCOMEI(EXPENDITURE>
Transfern between fund8
1421,931)
(7,863)
1234,052) 1655,983)
7,853
339,103
19
Net movement In fund8
1429,784)
1226,199) 1655,983)
339,103
RECONCILIATION OF FUNDS
Total funds brought forward
2,271,231
343.558
2,614.789
2,275.686
TOTAL FUNDS CARRIED FORWARD
1,841,447
117,359
1,958.806
2,614,789
The notes form part of these fi'nancial statements
Page 15

The Haven Wolverhampton
Balance Sheet
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
12 2,098,134
2,098.134
1,971,366
CURRENT ASSETS
Debtors
Cash at bank
13
338,029
290,816
1,172
257,793
339,201
548,609
255.959
1,198,306
628,845
258,965
887,810
1,454,265
CREDITORS
Amounts falling due within one year
14
(383.412)
(141,606) (525,018)
(310,883)
NET CURRENT ASSETS
245,433
117,359
362,792
1,143,382
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,343,567
117,359
2.460,926
3.114.748
CREDITORS
Amounts falling due after more than one year 15
1502,1201
(502,120)
{499.959)
NET ASSETS
1,841,447
117,359
1,958,806
2.614,789
FUNDS
Unrestricted funds
Restricted funds
19
1,841,447
117,359
2,271,231
343,558
TOTAL FUNDS
1,958,806
2,614,789
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by..
n - Trustee
The notes form part of these financial statements
Page 16

The Haven Wolverhampton
Cash Flow Statement
for the Year Ended 31 March 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operats'ons
(621,654)
805,897
Net cash (used inyprovided by operating activities
<621,654)
805,897
Cash flows from investing actlvltle8
Purchase of tangible fixed assets
Interest received
{33,649)
14,195
{630,114)
4,085
Net cash used in investing activities
{19,454)
(626,029)
Cash flow8 from financlng actlvltles
New bans in year
Loan repayments in year
385,000
(4.041)
18,589)
Net cash (used in)Iprovided by fi'nancing activities
18,589)
380,959
Change In cash and cash equlvalent8
In th? reportlng perlod
Cash and cash •qulvalent8 at the
beglnnlng of the reportlng perlod
1649,697
560,827
1,198,306
637,479
Cash and cash equlvalent8 at the end
of the reportlng perlod
548,609
1,198,306
The notes form part of these financial ststements
Page 17

The Haven Wolverhampton
Notes to the Cash Flow Statement
for the Year Ended 31 March 2024
RECONCILIATION OF NET {EXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net (expondltureylncome for the reporting period las per the
Statement of Flnanclal Actlvltlesl
Adjustments for..
Depreciation charges
Interest received
Impairment of tangible fixed assets
{Increase)Idecrease in debtors
Increase in creditors
1655,983)
339.103
84,073
114,1951
(177,190>
183,242)
224,883
76,848
(4,085)
239,288
154,743
Net cash (usèd In)Iprovlded by operatlon8
{621,654)
805,897
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net ca8h
Cash at bank
1,198,306
{649,697)
548,609
1,198,306
(649,697)
548,609
Debts falling due within 1 year
Debts falling due after 1 year
(21,000)
1499,959)
10,750
(2,161)
(10,250
(502,1201
1520,959)
8,589
(512,3701
Totsl
677,347
1641,108)
36,239
The notes form part of these financial statements
Page18

The Haven Wolverhampton
Notes to the Flnanclal Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basls of preparlng the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities.. Statement of Recommended Practi￿ applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective 1 January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention, as modified by the revaluation of certain
assets.
The financial statements have been prepared on a going concern basis. The Trustees have reviewed
and considered relevant information. including the annual budget and future cash flovrfs in making their
assessment. Based on these assessments, given the measures that could be undertaken to mitigate
the current adverse conditions, and the cUr￿nt resources available, the Trustees have concluded that
they can continue to adopt the going concern basis in preparing the annual report and accounts.
Crltlcal accountlng Judg8mont8 and key 8ourc88 of e8tlmatlon uncertalnty
The preparation of the financial statements requires management to make judgements. estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
Incomo
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Grants from the government and other agencies have been included as income from activities in
furtherance of the objects of the charty where these amount to a contract for seDiices. but as
donations and similar incoming resources where the money is given with greater freedom of use for
example government core funding.
Accommodation charges are shown net and represent recoverable amounts after making our best
efft)rts to collect all amounts due,
Expendltur•
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expendrture, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resources.
Governance cost8
Governance costs include the cost of governan￿ arrangements which relate to the general running of
the charity as opposed to the direct management function inherent in generating funds, service delivery
and programme or project work. These activities provide the governance infrastructure which allows
us to operate and to generate the information required for public accountability- They include the
Strategy planning process that contributes to our future development.
Allocatlon and apportionment of costs
Staff costs and overhead expenses are allocated to activities on the basis of staff time spent on those
activities.
Support costs are those costs incurred directly in support of expenditure on the objects of the Charity.
They are allocated on a basis consistent with the use of reSoUr￿s.
Page 19

The Haven Wolverhampton
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - contlnued
Flxed as8et8
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Freehold propety
Fixtures and fittings
Computer equipment
2% on cost
33% on cost
330h on cost
The Freehold propety is reviewed by the trustees on an annual basis and any significant impaimient is
treated as additional depreciation and included in the Statement of Financial Activities. The revised
carrying amount is depreciated in accordance with the above policy.
All fixed assets are initially recorded at cost or deemed cost in the case of certain assets revalued on
transition to SORP (FRS102).
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charltable objectives at the discretion of the
trustees.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Expenditure which meets these criteria is identified to the fund, together with a fair allocation of
management and support costs.
Transfers are made from unrestricted to restricted funds in order that the restricted fund has sufficient
funding to meet its obligations
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Donated goods
Gifts in kind donated for distribution to the beneficiaries of the charity are recognised at fair value and
are included as a component of donations when they are distributed and an equivalent amount
recognised as charitable expenditure.
Hlre purchase and leaslng commltments
Rentals applicable to operating leases where substsntially all of the benefits and risks of ownership
remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Redundancy and termlnatlon payments
Redundancy and termination costs are recognised as an expense in the Statement of Financial
Acts'vities and a liability on the Balance Sheet immediately at the point the Charity is demonstrably
committed to either.. terminate the employment of an employee or group of employees before the
normal retirement date., or provide termination benefits as a result of an offer made in order to
encourage voluntary redundancy. The Charity is considered to be demonstrably committed only when
it has a detailed formal plan for the termination and is without realistic possibility of withdrawal from the
plan.
Ponslon costs and other post-retlrement benoflts
The charity operates a group personal pension scheme for the benefit of its employees. The costs of
contributs'ons a￿ written off against unrestricted funds in the year they are payable.
Page 20

The Haven Wolverhampton
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
DONATIONS AND LEGACIES
2024
2023
Gifts
Donations
Legacies
82,974
302,066
122,560
278,766
5,000
385,040
406, 326
INVESTMENT INCOME
2024
2023
Deposit account interest
14,195
4,085
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Accommodation charges
Grants and contracts
Accommodation charges
Grants
1,267,114
1,414,015
1,140,822
1,867,725
2,681,129
3,008,547
Grants received, included in the above, are as follows..
2024
2023
BBC Children in Need
CWC Housing Related Support Services
CWC - Contract for Housing Related Support 'Services to women
who are victs'ms of domestic violence and abuse,
Severn Trent Community Fund
Police & Crime Commissioner'The Haven IDVA Service,
Nationwide Community Grants
DVPP
The Eveson Charitable Trust
Charles Hayward Foundation
Supported by Norfolk Community Foundation through Bolton Trust
Revenue Fund
CWC - Contract Seplices to women who are victims of domestic
violence and abuse
Police & Crime Commisioner E01 Funding
The WISH Fund Catslytic Grant programme supported by the
Clothworkers, Foundation
The Wolverhampton VCR Partnership - Communty Renewal Fund
National Grid Electricity Distribution Community Matters Fund
Henry Smith Charity
Santander UK Foundation Limited
Sandwell Metropolitan Borough Council
Sandwell Metropolitan Borough Council
Telford & Wrekin Council
Hemraj Goyal Foundation
Other Grants
11,664
36,140
8,000
731,291
31,182
84,131
11,199
710,483
106,101
32,038
11,667
23,500
3,500
4,000
602,012
101.407
105,812
25,000
2,478
5,000
8,431
9,500
25,725
14,795
15,350
15,950
26,639
11,992
110,662
14,458
4S,891
15,900
39,959
26.268
117,765
Carried forward
1,278,165
1,867,725
Page 21

The Haven Wolverhampton
Notes to the Flnancial Statements - continued
for the Year Ended 31 March 2024
INCOME FROM CHARITABLE ACTIVITIES - continued
2024
2023
Brought forward
Deloitte "Digital Grants"
Charles Plater Trust
Energy Industry Voluntary Redress Scheme
National Lottery Community Fund
The Rowlands Trust
The Steele Charitsble Twst
Cadent Gas UK
The Eaton Fund
1,278,165
3.445
15,428
9,293
66,162
7,350
15,492
13,680
5,000
1,867,725
1,414,015
1,867,725
All of the above grants are restricted except for the City of Wolverhampton Council - Contract 'se￿iC@s
to women who are victims of domestic violence and abuse, and £53,990 included in Other Grants,
which are unrestricted.
RAISING FUNDS
Other tradlng actlvlti
2024
2023
Staff costs
Other direct costs
Support costs
109,947
63,704
43,909
93,316
17,409
48,829
217,560
159,554
CHARITABLE ACTIVITIES COSTS
Support
cosis (see
note 7)
Direct
Costs
Totals
Refuge costs
Special projects
2,359,890
631,521
470,271
282,447
2,830,161
913,968
2,991,411
752.718
3,744,129
Page 22

The Haven Wolverhampton
Notes to the Flnanclal Ststements - continued
for the Year Ended 31 March 2024
SUPPORT COSTS
Governance
costs
Other
Totals
Other trading activities
Refuge costs
Special projects
43,909
470,271
239,925
43,909
470,271
282,447
42,522
754,105
42,522
796,627
Support Costs, induded in the above, are as follows..
2024
2023
Other
trading
activities
Refuge
costs
Special
projects
Total
activities
Total
activities
Wages
Premisas related
Office supplies and
seplices
Financial costs
Depreciation of tangible
fixed assets
Wages - Governance
Govemance costs
Sundry costs -
Govemance
30,813
2,835
330,010
30,359
168,366
15,489
529,189
48,683
514,971
14,429
8,951
959
95,870
10.274
48,911
5,242
153,732
16,475
175,167
11,738
351
3,758
1,917
7,379
32,196
6.026
7,379
32,196
17,782
3,708
11,112
2,947
2,947
1,823
43,909
470,271
282,447
796,627
750,730
NET INCOMEIIEXPENDITURE)
Net Incomellexpenditure) is stated after chargingl(crediting)'.
2024
2023
Depreciation - owned assets
Auditors, remuneration
Auditors, remuneration - Non audit services
Operating leases
84,071
10,600
4,383
128,040
76.848
8,400
72,441
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, ￿MUneratIon or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Page 23

The Haven Wolverhampton
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2024
TRUSTEES. REMUNERATION AND BENEFITS - contlnued
Tru8te88' expen8e8
2024
2023
Subscriptions
Recruitment
Training
Trustee indemnty insurance for all trustees
239
199
12
4,646
2,126
1,154
The number of trustees who were pa￿ expenses were nil (2023: nil)
10. STAFF COSTS
2024
2023
Salarie8 and wages
Agency
Termination payments
Social security
Pension costs
Health care
1,954,187
100,820
116,605
149,781
113,060
5,356
1,647,280
22,487
134,841
101,675
4,389
2,439,809
1,910,672
During 2023-2024, the key Senior Management personnel of the charity comprise, the Chief Executive,
Senior Lead Finance, Senior Lead Development, Senior Lead Services, Central Services Manager,
Senior Lead Dats Intelligence, and Senior Lead People & Culture. The total employee benefits of the
key senior management personnel of the charity were £294,430 (2023 - £220,366).
Terminats'on payments were funded out of general un￿Stricted reserves and consists of salary,
pension and additional discretionary payments approved by the Trustees.
The average monthly number of employees during the year was as follows..
2024
62
2023
63
Charitable activities
Fundraising
Support
74
73
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was..
2024
2023
£60.001- £70,000
Page 24

The Haven Wolverhampton
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
368,105
38,221
406,326
Charltable activities
Accommodation charges
Grants and contracts
1,140,822
770,933
1,140,822
1,867,725
1.096,792
Investment income
Other income
4.085
35,301
4.085
35,301
Total
2.319,246
1,135,013
3,454,259
EXPENDITURE ON
Raising funds
159,554
159,554
Charltable actlvltle8
Refuge costs
Special projects
1,017,818
859,538
1,078,246
2,096,064
859,538
Total
2,036,910
1,078,246
3,115,156
NET INCOME
Tran8fern between funds
282,336
{2,000)
56,767
2,000
339,103
Net movement In funds
280,336
58,767
339,103
RECONCILIATION OF FUNDS
Total funds brought foDNard
1,990,895
284,791
2.275.686
TOTAL FUNDS CARRIED FORWARD
2,271,231
343,558
2,614,789
Page 25

The Haven Wolverhampton
Notes to the Flnanclal Statements - continued
for the Year Ended 31 March 2024
12. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
F￿ehOld
property
Computer
equipment
Totals
COST
At 1 April 2023
Additions
2,358,192
223,756
18,500
213,605
15,149
2.795,553
33,649
At 31 March 2024
2,358,192
242,256
228,754
2,829,202
DEPRECIATION
At 1 April 2023
Charge for year
Reversal of impairments
434,168
47,152
1177,190)
176,414
31,869
213,605
5,050
824,187
84,071
1177,190)
At 31 March 2024
304,130
208,283
218,655
731,068
NET 800K VALUE
At 31 March 2024
2,054,062
33,973
10,099
2,098,134
At 31 March 2023
1,924,024
47,342
1,971,366
Certain freehold land and buildings included above were recognised using a valuation by Michael
Tromans & Co. at 9 D￿ember 2016, adjusted to give a valuation on 1 April 2015. This was the value
used as a deemed cost on the date of transition to SORP (FRS 102). These assets are being
depreciated from their valuation date of 1 April 2015 and have a net book value of £832,451 (2023
£852,686).
The historical cost equivalent of these assets is..
2024
2023
Cost
Depreciation
Net Book Value
1,248,865
1,248,865
Offlces at Waterloo Road
The above property was subject to an impairment review in 2017 and its valued was reduced by
£177,190. The property was subject to a further valuation during 2024 and this provision was reversed
in full and included in the Statement of Financial Activities.
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
Less reserves for bad debts
Prepayments and accrued income
299,416
17,028
46,813
233,645
19,293)
31.607
339,201
255.959
Page 26

The Haven Wolverhampton
Notes to the Flnanclal Statements - continued
for the Year Ended 31 March 2024
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see note 16)
Social security and other tsxes
Other creditors
Accruals and deferred income
Deferred income
10,250
47,319
83,943
241,899
141,607
21.000
29.743
58,402
59,488
142,250
525,018
310,883
15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Bank loans (see note 16)
602,120
499,959
16. LOANS
An analysis of the maturity of loans is given below..
2024
2023
Amounts falling due within one year on damand:
Bank loans
10,250
21,000
Amounts falling due between two and five years:
Bank loans - 2-5 years
20,877
84,000
Amounts falling due in more than five years.,
Repayable by instslments,.
Bank loans more S yr by instal
481,243
415,959
17. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating bases fall due as follows..
2024
2023
Within one year
BebNeen one and five years
114,128
42,398
104.048
94.628
156,526
198,676
Page 27

The Haven Wolverhampton
Notes to the Flnanclal Statements - continued
for the Year Ended 31 March 2024
18. SECURED DEBTS
The following secured debts are included within creditors:
2024
2023
Bank loans
512,370
520.959
The bank loans are secured by a first legal charge on bNO freehold properties owned by the charity.
19. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
be￿een
funds
At
31.3.24
At 1.4.23
Unr88trlcted fund8
General fund
2,271,231
{421,931)
(7,853)
1,841,447
Ro8trl¢t•d funds
Propety Renovation - grants and
donations
Family and Chlldren's Projects
Advi￿ and Support Projects
Core ProvisionlServi￿S
Counselling
Staff Grants
43.310
40,204
227,375
6,133
19,995
6,541
7,806
6,604
(221,926)
51,116
39,660
20,450
6,133
(7,148)
15,001
(19,995)
16,541)
343,558
1234,052)
7.853
117,359
TOTAL FUNDS
2,614,789
(655,983)
1,958,806
Net movement in funds, included in the above are as follows,.
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted fund8
General fund
2,459.150 (2,881,081> {421,931)
Re8trlcted fund8
Property Renovation - grants and
donations
Family and Children's Projects
Advice and Support Projects
Counselling
Staff Grants
38,532
227,854
330,125
12,018
60,837
(30,726)
(221.250)
(552,051)
(32,013)
(67,378)
7,806
6,604
(221,926)
119,995)
(6,541)
669,366
(903,418> (234,052)
TOTAL FUNDS
3,128.516
(3,784,499)
(655,983)
Page 28

Tho Haven Wolverhampton
Note8 to the Flnanclal Statements - contlnued
for the Year Ended 31 March 2024
19. MOVENIENT IN FUNDS - continued
Comparatives for movement in fund8
Net
movement
in funds
Transfers
befvleen
funds
At
31.3.23
At 1.4.22
Unre8trlcted fund8
General fund
1,990,895
282,336
(2,000)
2,271,231
Restrictsd funds
Property Renovation - grants and
donations
Family and Children's Projects
Advice and Support Projects
Core Provisionlservices
Counselling
Staff Grants
43,310
34,220
191,277
6,133
9,851
43,310
40,204
227,375
6,133
19,995
6,541
3,984
36,098
2,000
10,144
6,541
284,791
56,767
2,000
343,558
TOTAL FUNDS
2,275,686
339,103
2,614,789
Comparative net movement in funds, included in the above are as folk)ws:
Incoming
resources
Resources
expended
Movement
in funds
Unr•8trl¢ted fund8
General fund
2,319,246 (2,036,910)
282,336
Restrlctsd funds
Family and Children's Projects
Advice and Support Projects
Counselling
Staff Grants
755,129
298,800
20,667
60,417
(751,145)
(262,702)
(10,523)
(53,876)
3,984
36,098
10,144
6,541
1,135,013
(1,078,246)
56,767
TOTAL FUNDS
3,454,259
(3,115.156)
339,103
Page 29

The Haven Wolverhampton
Notes to the Flnancial Statements - contlnued
for the Year Ended 31 March 2024
19. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
belween
funds
At
31.3.24
At 1.4.22
Unrestrlcted funds
General fund
1,990,895
(139,595)
(9,853)
1,841.447
R88tricted funds
Propety Renovation - grants and
donations
Family and Children's Projects
Advice and Support Projects
Core Provisionlservices
Counselling
43,310
34,220
191,277
6,133
9,851
7,806
10,588
(185,828)
51,116
39,660
20,450
6,133
(5.148)
15.001
{9,851)
284,791
(177,285)
9,853
117,359
TOTAL FUNDS
2,275,686
(316,880)
1,958,806
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows:
Incoming
resources
Resources
expended
Movement
n funds
Unr•8trlctod fund8
General fund
4,778,396
(4,917,991)
1139,595)
Re8trlct8d funds
Property Renovation - grants and
donations
Family and Children's Projects
Advice and Support Projects
Counselling
Staff Grants
38,532
982,983
628,925
32,685
121,254
(30,726)
(972,395)
(814,753)
(42,536)
(121,254)
7,8C6
10,588
1185,828)
(9,851)
1,804,379
(1,981,664)
1177,285)
TOTAL FUNDS
6,582,775
<6,899.655)
{316,880)
Transfers between funds
Transfer from Unrestricted fund to Restricted fund
Transfers were made out of general funds so that individual restricted funds were not in deficit.
Transfer beiween Famil
and
hildren's F
and Su
ort fund
Transfers were made to realbcate past expenditure bebween the funds.
Page 30

The Haven Wolverhampton
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
20. CAPITAL COMMITMENTS
2024
2023
Contracted but not provided for in the financial statements
972.000
The Trustees had approved a capitsl project at one of the refuges last year and a contractor was
selected. Due to the high cost of finan￿, and other financial constraints, this project was abandoned
during the year.
21. RELATED PARTY DISCLOSURES
The Haven Enterprlse Company C.l.C
The Haven Wolverhampton and The Haven Enterprise company C.l.C share some trustees in
common.
This entity has not traded since September 2015 and was dissolved on 28 May 2024.
22. ULTIMATE CONTROLLING PARTY
The ultimate controlling paty is The Board of Trustee Directors.
23. UNRESTRICTED FUNDS
At the year end there is one general fund.
It should be noted that, of unrestricted funds of £1841,447 (2023 £2.271,231> the major part is
rep￿sented in fixed assets £2,098,13412023 £1,971,366), essentially buildings or refuges from which
the charity's seNices and support are provided.
These assets cannot readily be utilised to cover working capital requirements of the charlty.
Unrestricted net current assets at 31 st March 2024 stand at £245.433 {2023 £799,824).
RESTRICTED FUNDS
The Property Renovation fund represents monies received for the purchase of capitsl equipment and
renovation of the refuges.
The other funds are restricted due to specific terms of the grants and mainly relate to the employment
of workers to provide specifi'c services.
Page 31

Th• Haven Wolverhampton
Detalled Statement of Financial Activltles
for the Year Ended 31 March 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legaclos
Gifts
Donations
Legacies
82,974
302,066
122,560
278,766
5,000
385,040
406.326
Inv08tment Income
Deposit account interest
14,195
4,085
Charltablo actlvlt108
Accommodation charges
Grants
1,267,114
1.414,015
1,140,822
1,867.725
2,681,129
3,008,547
Other Income
Management and training fees
Other income
33,677
1,624
48,152
48,182
35,301
Total Incomlng re8ource8
3.128,516
3,454,259
EXPENDITURE
Other tradlng actlvltle8
Wages
Other direct costs
109,947
63,704
93,316
17,409
173.651
110,725
Charltable actfvltlo8
Wages
other direct costs
1,825,753
1,165,658
1,375,823
877,878
2,991,411
2,253,701
Impalrment of tanglble flxed a880ts
Reversal of impairment
(177,190
Support Costs
Other
Wages
Premises related
Office supplies and services
Carried forward
529,189
48,683
153,732
731,604
514,971
14,429
175,167
704,567
This page does not form part of the statutory financial statements
Page 32

The Haven Wolverhampton
Detailed Statement of Financlal Activlties
for the Year Ended 31 March 2024
2024
2023
Other
Brought foD4vard
Financial costs
Freehold property
731,604
16,475
6,026
704,567
11,738
17,782
754,105
734,087
Governance costs
Wages - Governance
Governance costs
Sundry costs - Governance
7,379
32,196
2,947
3.708
11,112
1,823
42.522
16,643
Total resources expended
3,784,499
3,115,156
Net (expendltureVlncom8
1655,983
339,103
This page does not form part of the statutory financial statements
Page 33