REGISTERED COMPANY NUMBER: 03526335 (England and Wales) REGISTERED CHARITY NUMBER: 1069612 rt of the Trustees and Financial Statements for the Year Ended 31 March 2024 for SAHWR Com Limited Guarantee Hancock and Hastings Chartered Certified Accountants and Registered Audrtors 4 Carfisle Close Dunstable Bedfordshire LU6 3PH SAHWR Com Limited Guarantee Contents of the Financial Statements for the Year Ended 31 March 2024 Page Chairfs Report Report of the Trustees Report of the Independent Auditors 8 to 10 Statement of Financial Activiti•5 11 Balance Sheet 12 to 13 Cash Flow Statement 14 Notes to the Cash Flow Stat•n￿Tht 15 Notes to the Financial Statements 16 to 28 SAHWR Com Limited b Guarantee airfs Re for the Year Ended 31 March 2024 Overview Good news at the start of the yearlll No more Covid 19 res￿tions. staff teams are working normally back in their old routines. Children are now back at school. playgroups etc. Outreach Icommunity have resumed face to fa￿ meets'ngs with dients. although still retaining contact via the internet for working people and those who prefer to have one to one sessions. In total 557 adults and 332 children and young people receNed support from our outreach teams, and a total of 72 women and 97 children were offered safe accomrTvJJatson in our refvges. The Triple R course resumed face to fa￿. This is a program which is a 12-week cOu￿e delivered in 4 modules covering risk, recovery. resilience and the impact of domestic abuse on children. The feedback from participants is very positive and they feel emtx)wered to rTK)ve forward and resume their lives again. We now run regular weekly hubs in St Albans. Dacorum and Hertsmere where anyone can drop in for advi￿, a requirement of our contract with Safer Places. Contract The Gontract for safe acc0mn￿dati0n that ComMen￿d in Juty of last year fomied by Safer Pla￿S and a consortium of others continues. Unfortunately, one member of the group left as they were unable to deliver the service required in the contract and SAHWIR were able to a(xommodate the bed spaces that had been allocated to this group. The contract presented many challenges for the refijge staff teams with all the new monitoring, KPIS, Health and Safety requirements and safeguarding regulations etc. that are required. This has increased the pressure on the day to day running of the refuge seNI￿s. As children were recognized as victims of dornests"c abuse in their own right in the 2021 Domestic Abuse Act, the contract was extended to indude funding for children. This has been a positive step and enabled us to engage a therapist to run sessions in art. drama. relieving distress and stress, support healing and building resilien￿ in moving forward for children affected by domestic abuse. We also provide therapy for parents and to date we have had yoga. mindfulness, singing, sound baths, and self￿efen￿ sessions. We also work with an organization called 'Kids in Mind. which provides group sessions for children on mindfulness and selfosteem. At the beginning of the year there was still no news on the outreach Icommunty service cx)ntract from HCC. We were however able to continue our outreach services with the Reaching Community grant we received from the National Lottery eadier in the year. The County Council did, however, later in the year, invtte tenders for this Servi￿ by drviding the county into sections. Wth the help of Compets'tive Solutions, our fundraisers, we prepared a bid to apply for the St. Albans JDacorum area contract and were suc(*ssful. We also subcontracted with Safer Pla￿S for the Wewn IHertsmere fX)ntract with us covering the Hertsmere section and Safer Places the Wewn area. SAHWR maintains its contract vrflh SADC by completing DASH Risk Assessments and additional assessments to SUPFK)rt the local authority in making their decisions on housing applications made by dients that are suffering from domestic abuse. Finance We have been fortunate to continue the improvement in our finances that started last year. Our resetves are healthier than during Covid and we hope to build on this as we move forward into the next financial year. We renewed our contract with Competitive Solutions, our professional fvnd raisers, who will continue to help us prepare new bids for any future grants for which we wish to apply and also source additional fijnding streams. Page 1 SAHWR Com Limited b Guarant•e Chair's Re for the Year Ended 31 March 2024 Due to the increasing enmplexity and ressyjnsibilib'es of the finan￿ over the last few years, we have expanded the accounts department and employed an accountant on a part time basis to Wotk alongside the treasurer. With the increase in staff numbers. we also hope to outsource the payroll early in the next financial year. In October when the board undertook the annual staff saL8ry review for the coming year, we decided to review the pay scales to refiect the large increase in (x>st of living and inflats.on affecting our staff. We also voted to restructure the staff grades to allow progression within the scales for more responsibilities and hopefully encourage staff to take the opportunity to progress their Car￿rS within SAHWI. Stsff With the expansion of SAHWR over the years and following issues with the implementats.on of pay bands, on call and the ever increasing divKle between refuge and outreath and the complexty of contracts with Safer Pla￿S and HCC, the board contemplated how to ease the pressure on the current managers. After much deliberation, it was decided to employ an overall manager who would manage both our tsvo current senior manager5 and offer support within their respective roles. The role would also involve driving the refuge forward to enable it to grasp new opportunitie5 due to the gtDwing detnand for its ServI￿S and nationwide recognition of domestic abuse. In October in consultab'on with the managers a job description and person specification was drawn up and after a robust interviewing prO￿sS a Head of Domestic Abuse servi￿ Manager y￿S appointed and commenced her employment in April 2024. For the first tirre in SAHWR history we had thr￿ members of the staff on matemty leave simultaneous creating additional challenges for the managers tying to rota staff to cover vacancies. Hopefully all three will be returning at different times later in the year. We said farewell to one of our longest serving members of staff in D￿mber when Paula left to take up a new post. We welcomed Lauren to the CSW team and at long last filled the vacant post for an additional Housekeeper when Eleanorjoined. As always, our staff. led by manager5 Liz and Sara are ftjlly ￿mmItted to working together to improve the lives of so many {hundreds of women. men and their families) every year by the first-cla&s service delivered across all aspects of their work. Safer Places We conb'nue the close relattonship we have haj with Safer Pla￿S for several years now, and this is reflected in the new consorbum formed at the start of the new contrdct Properties All properties have had refiA￿lshMents completed throughout the year and are all fully functÈonal again, back to the high stsndard we expect to provide for the comfort of all residents who require acix)mmodation. Training Staff have continued their development by attending training opportunities offered to enable SAHWR to provide Qualified DoTnestic Abuse services to all our clients. Managers and staff continue to offer domesb'c abuse training to outside agencies. All trustees have attended safeguarding courses as required by the new CA)ntact. Trustees We have been Su￿ssful in recruth.ng new members to the board and have a further one observing with a view to bemming a member at the AGM later in the year. One of the new members, Theresa, has vOlUnt￿red to be the Safeguarding Officer and continues to make sure all aspects of safeguarding are maintained throughout the servI￿s. The trustees attended an Away Day in December organized by fijndraisers, Competitive SolutDns, to discuss our Strategic Plan for the next 3 years and we now have a clear plan for tnoving fonvard and key goals for the future. We have also UFMJated the Bu%ness Conts'nuty Policy and made sure all staff are up to date with any changes required. Page 2 SAHWR Com Limited Guarantee Chairfs Re for the Year Ended 31 March 2024 Donations Thank you once again to all the people who donate to the charity Goods, grants and gifts, however small, are very much appreciated, not forgetttng St. Albans Abbey. Nats'onal Lottery, The Soroptimist, HCC, HBC, SADC without whose financial support the charity could not continue. Thanks also to George Arthur. our accountants. In Conclusion I would like to express on behalf of the board our very grateful thanks to Liz and Sara and their teams for the very hard work they continue to provide for all SAHWR clients more and more of which have very complicated issues requiring lots of extra support. Thanks also from me personalty to the Trustees for giving their time freety to keep everything njnning smwthly for the charity throughout the year. Plans for the Future We are aware there are limited suP￿rt services and safe accommodation options to those who are escaping domestic abuse and have other additional 5UPPOrt need5 such as dtug and alwhol dependency. We plan to work with partner agenaes, such as Druglink. to offer SFecialist domestic abuse Servi￿ to this client group. We recognize that there is a need to improve the level of Se￿iCe that we offer to children who are in our safe accommodation. We have Specialist Children's Support Workers at each refuge. We plan to work with other agencies to increase the opportunities available to our children whilst they are in reftjge, this indudes aczess to fun activities. days out, sport activities etc. We recognize there is a barrier to children accessing Suitab￿ education when residing in our refijges we plan to improve our work with the schools in our areas to ensute that children are not experiencing further disruption to their routine. We have a diverse staff team with varying skills and experienc£s. and we aim to fully support our staff team. We have experienced shortages and recognize the need to retain our existing staff team. We will improve the training opwrtunities available to our staff team to ensure their continual professional development. We aim to improve our sep41￿S and work wth a trauma infomied approach, with particular focus on our collaborative work with our clients. We will work at improving our (x)mmunication styles, access translation ServI￿S and ensure that the feedback we receive aims to help us to re(￿J3n1ze the areas of improvement i our services. Page 3 SAHWR Com Limited Guarantee istered number. 03526335 Re rt of the Trusts•s 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 Practi applicable to charities preparing their ac£ounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Irdand (FRS 102) (effective 1 January 2019). The Trustees, Report is a Directors, Report as required by s417 of the Companies Act 2006. The accounts comply with current statutory requirements. OBJECTIVES AND ACTMTIES Objectives and aims The principal aims of the charity are to provide a) private refuges where ffEn. women and their children may have temporary rest and protection from attack and persecution. b} arrangements for medical ￿re, advice and treatment, legal advic£ and counselling for women and their children who have suffered injury or impainnent of physical health or have been seriously threatened with the same. cl and to raise awareness generally of domestic abuse d) provide an outreach service for victs'ms in the o)mmunty Significant activities Please see chairperson's retx)rt (appended) for details of activrties, achievements and developments for the year. Public benefrt The Trustees have complied wtth the duty in part 1, chapter 1, section 4 of Ihe Charities Act 2011 to have due regard to the public benefit guKJance published by the Charity Commission. The Trustees believe that the projects listed above and the achievements and outcomes recorded in this report. demonstrate that SAHMR meets the principal aims of the charity. Volunt•ers With the eX￿ptiOn of the Trustees the charity does not rety on volunteers to fulfil its obligations. STRATEGIC REPORT A¢hi•vement 2nd perforniance Charitable activities Please see chairperson's report. Fundraislng activities Please see chairperson's report Internal and external factors The trustees have made a full assessment of the intemal and extemal factors that may affect these financial statements and do not deem any factor Tnaterial enough to have an impact. Financial review Prin¢ipal funding sources The charity's main sources of funding are from housing benefits and grants receivable from St Albans Cty & District Council, Hertsmere Borough Council, Dacorum Borough Council, Herts County Council, Watford Borough Council, The National Lottery and funding from Safer Places. We are very grateful for all of those who contribute so generousty. Page 4 SAHWR Limited b Guarant•e ist•r•d number: 03526335 rt of the Trustees for the Year Ended 31 March 2024 STRATEGIC REPORT Finan¢i21 review R¢s¢rvos policy In aC£ordan￿ with guidelines issued by the Charity Commissioners, the Trustees have adopted a policy regarding reserves which aims to ensure that a} Excluding those funds represented by fixed assets. and any designated fijnds, general reserves do not exceed more than 6 months anticipated expenditure; bl There are adequate funds to enable the charity to meet all current and known fijture liabiltbes. The level of reseNes is considered and reviewed at regular intervals throughout the year. Going concern The directors have considered whether the charity is a going con￿rn when preparing these financial statements. We have looked at all available information for at least Ihe next 12 r￿nthS and believe there are Future plans Please see chairperson's rep)rt. STRUCTURE, GOVERNANCE AND MANAGEMEKr Governing document The charity is a CAJmpany. limited by guarant￿, incorporated on 12 March 1998 and registered as a charity on 19 May 1998. The company was created under a memorandum of association which established its objects and powers and is governed by its articles of assctiation. In the event of the company being wound up members may be required to contribute an anK)unt not exceeding £1. Recruitment and appointment of new trustees Trustees are appointed and removed by the Members at the Annual General Meeting. Organisational structure There is a board of trustees of up to 11 members, who meet regularly to administer the charity. There are three sub-committees which cover human resour￿. properttes and finan￿. Three managers are appointed by Ihe trustees to manage the day to day O[￿rationS of the charity. Induction and training of new trustees All trustees are given a copy of tho trusto9 induction pack to familiarise thomsolvg£ with tho organisation of the charity, and may shadow a fellow trustee rf so required. Wider network SAHWR is an autonomous organisation, but works dosety with other Refuges. Related parties The charity works dosely with Hertfordshire Constabulary, St Albans City & Distiict Council, Hertsmere Borough Council, MARAC (multi-agency risk assessment conference). Children's Centres and Hertfordshire County Council, including the Supporting People and Safer Places teams. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Company number 03526335 (England and Wales) Registered Charity number 1069612 Page 5 SAHWR Com Limited b Guarantee istered number: 03626335 Re ort of the Trustees for the Year Ended 31 March 2024 Registered office cjo George Arthur Ltd Suite 6B, Wentworth Lodge Great North Road Welwyn Garden City Hertfordshire AL8 7SR Trustses M Pollard Chairperson HJ Walker F Skene S Benett RC Houlden D L Wllson T A Bradstreet (appointed 21111123) S L Llewellyn-Jones (appointed 1914r24) In aC￿rdance wtth the Articles of Asxriation. M Pollard will fetire at the forthcoming Annual General Meeting and being eligible, will stand for re*lection. Company Secretaries S Benett T A Bradstreet Audltors Hancock and Hastings Chartered Certified Accountants and Registered Auditors 4 Carlisle Close Dunstable 8edfordshire LU6 3PH Banke HSBC 31 Chequer Street St Albans Hertfordshire AL13YN STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees (who are also the directors of SAHW2 {Company Limited by Guarantee) for the purposes of company lawl are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom A(xx)unting Standards {United Kingdom Generally AC￿pted Accounting Practice) including Financial Reportrng Standard 102 'The Financial Reportt'ng Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements foi each financial year which give a true and fair view of the state of affairs of the charttable 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 appty them consistenuy" obseNe the methods and principles in the Chanty SORP; make judgements and estimates that are reasonable and prudent., state whether applicable ac(x)unting standards have been followed, subject to any material departures disclosed and explained in the financial state￿￿ntS. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will conb'nue in business Page 6 SAHWR Com Limited b Guarantee Re istered number: 03626336 Re rt ol the Trustees for the Year Ended 31 March 2024 STATEMENT OF TRUSTEES. RESPONS181LmES - contlnued The trustees are responsible for keeping proper ac£ounting records which disclose with reasonable accuracy at any time the financial position of the charitable ￿rnPany and to enable them to ensure that the financial statements comply with the Companies Act 20C6. They are also resFK)nsible for safeguarding the assets of the charitable company and hen￿ for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no relevant audit information of which the charitable company's auditors are unaware,. and the trustees have taken all steps that they ought to have taken to make the￿￿elVeS aware of any relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditors, Hancock and Hastings. wrll be prowjsed for re-appointment at the forthcoming Annual General Meeting. Report of the trustees, incorporating a strategic rep)rL approv￿1 by order of the board of trustees, as the company directors, on 18 December 2024 and signed on the board's behalf by.. m. P-4LcLLQ.( M Pollard chal￿erSOr1 - Trustee Page 7 rt of the Ind• ndent Auditors to the Trustees ol Limited Guarantee istsred number." O SAHWR 626335 Opinion We have audited the financtal statements of SAHWI (Company Limlted by Guarant￿} {the 'charitable company,) for the year ended 31 March 2024 which (x)mprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the finanaal statements, including a summary of significant accounting policies. The financial reporting frameworf( that has been applied in their preparation is applicable law and United Kingdom AoLounting Standards (United Kingdom Gener211y Accepted Accounting Practice), inciuding Financial Reporting Standard 102 'The Financial Reporting Standard appliGgble in the UK and Republic of Ireland,. In our opinion the financial statements.. - give a true and fair view of the state of the charttable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, induding its income and exFenditure. for the year then ended., - have been properly prepared in accordance with United Kingdom Generally A￿pted Accounting Practi￿, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.; and - have been prepared in accordance with the requirements of the Chanties Act 2011. Basis for opinion We conducted our audit in acE0rdar￿ With Intemational Standards on Auditing (UK) (ISAS (UK)) and appli(2ble law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements sects'on of our reFK)rt. We are independent of the charitable company in accordan￿ with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethic21 Stanijard, and we have fulfilled our other ethi￿1 responsibilities in accordance with these requirements. INe believe that the audtt evidence we have obtained is sufficient and appropriate to provide a basis for our opinK)n. Other Matter We draw attention to the fact that the financial statements for the year ended 31 March 2023, which are presented as comparative infonnation. were not audited. Our opinion is not modified in respect of this matter. Con¢lusions relating to going concern In auditing the financial statements, we have conduded that the trustees. use of the going con￿rn basis of accounting in the preparation of the financaal statements is appropriate. Based on the WOTk we have perfomEd, we have not identifEd any matertal un￿rtaIntieS relating to events or conditions that, Individual￿ or collectively, may cast significant doubt on the charitable company's ability to continue as a going cOn￿M for a pericKI of at least ￿e1ve months from when the financial statements are authorised for issue. Our respK)nsibilities and the responsibilities of the trustees with respect to going con￿rn are descfibed in the relevant sections of this report. Other inforniation The trustees are responsible for the other inforffotion. The other information comprises the inf0m￿tIOn included in the Annual Report, other than the financial slatements and our Report of the Independent Auditors Ihereon. Our opinion on the financial statements does not o)ver the other information and we do not express any form of assuranc£ conclusion thereon. In conneckn'on with our audit of the financtal statements, our respK)nsibilty is to read the other informats'on and, in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audtt or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial State￿￿ntS therttselves. If, based on the woth we have performed, we c£)nclude that there is a material misstatement of this other Informat￿)n, we are required to report that fact. We have nothing to report in this regard. Page 8 Re Ctal 443.923 624,648 1.068,571 882,684 EXPENDITURE ON Charitabl• a¢tivities General Children's Work 162,557 746,706 4,508 909,262 4,608 782.090 Totsl 162,S57 751.213 913,770 782,090 NET INCOMEI{EXPENDITURE) Transfets between funds 281,366 (126,565) 16,664) 164,801 100,594 18 Net movement in funds 287,930 (133,129) 154,801 100,594 RECONCILIATION OF FUNDS Total funds brought forward 455.270 186,245 641.515 540,921 TOTAL FUNDS CARRIED FORWARD 743.200 53,116 796.316 641,515 The notes form part of these financial statements Page11 SAHWR Com Limited Guarantee istered numb•r. 03526335 lance Sheet 31 Mar¢h 2024 2024 Total funds 2023 Total funds as restated Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 13 326.896 328,235 324,768 CURRENT ASSETS Debtors Cash at bank and in hand 14 17.830 466.638 17.830 611,432 14,083 391.374 144,794 484,468 144,794 629,262 405,457 CREDITORS Amounts falling due within one year 15 (61,164) (94,017) (155,181) (38,1621 NET CURRENT ASSETS 423,304 474,081 367,295 TOTAL ASSETS LESS CURRENT LIABILITIES 749,199 63.117 802,316 692,063 CREDITORS Amounts falling due after more than one year 16 16.000) (6,000) {50,548) NET ASSETS 743,199 53.117 796,316 641,515 FUNDS Unrestricted fijnds Restricted funds 18 743,199 53,117 455,270 186,245 TOTAL FUNDS 796.316 641,515 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not deposited nots'￿, pursuant to ￿K)n 476 of the Companres Act 2006 requiring an audit of these financial statements. The trustees acknowledge their responsibiltties for {al ensuring that the charitable company keeps ac£ounting re(x)rds that compty with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requireTnents of the Companies Act 2006 relating to financial statements, so far as applicable to the charitsble company. (b) These financial ststements have b￿￿ audited under the requirements of Section 145 of the Charities Act 2011. The financial statements vEre approved by Ihe Board of Trustees and authorised for issue on 18 December 2024 and were signed on its behalf by.. The notes fom part of these financial statements Page 12 continued... SAHWR an Limitsd Guarantee Re istered number: 03526335 Balance Sheet - continued 31 March 2024 M Pollard Chairperson - Trustee The notes form part of these financial statements Page 13 SAHWR Com Limited Guarantee Cash Fl¢xv Statement for the Year Ended 31 Mar¢h 2024 2024 2023 as restated Notes Cash flows from operating activit￿5 Cash generated from operabons Interest paid 285,681 (18) 129,057 {669) Net cash provided by operating activilies 285,663 128,388 Cash flows from investing activities Purchase of tangible fixed assets Interest r￿1Ved (21,633) 7,417 (15,840) 814 Net cash used in investing activities (14.216) (15,026) Cash flows from financing activities New loans in year Loan repayments in year 3.259 154,548) (20,085) Net cash used in financing activities (51,289 {20,085) Change in cash 2nd cash equivalents in the reporting period Cash and cash equivalents gt the beginning of the reporting period 220,058 93,277 391,374 298,097 Cash and cash equivgl•nts atth• •nd of the reporting period 611.432 391,374 The notes fonn part of these financial State￿￿nts Page 14 SAHWR Com Limited Guarantee Notes to the ash Flow Ststement for the Year Ended 31 Mar¢h 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 as restated Net income lor the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Interest paid (Increase)Idecrease in debtors Increase in creditors 154,801 100,594 18,166 (7,417) 18 13,747) 123,760 8,550 (814) 669 14,860 5,198 Nét cash provided by operations 285.581 129,057 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash fiow At 31.3.24 Net cash Cash at bank and in hand 391,374 220,058 611,432 391.374 220,058 611,432 Debt Debts falling due within 1 year Debts falling due after 1 year (11,000) (50.548) 6.741 (4,269) {6,000) (61.548) 51,289 (10,269) Total 329,826 271,347 601.173 The notes fonn part of these financial statements Page 15 SAHVVR Com Limited Guarantse Notes to the Financial Statements for the Y•ar Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the finan¢ial statements The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordan￿ with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Pract1￿ applicable to charities preparing their accounts in accx)rdance with the Financial Reporting Standard appluble 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 histoiical cost convention. Judgements and key sources of estimation un¢ertainty In prepanng these financial statements, the trustees have made the following judgements: Tangible fixed assets are depreciated over their usefijl lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. such as their Product lrfe cycles and rna1ntenan￿ programmes. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values. Trade debtors are reviewed for impairment loss on an annual basis and provision is made for any balances where there is uncertainty against the recLJverabilrty of the balance. This methodology is applied on a customer by custorrEr basis. Future events that are believed to be reasonable under the circumstances. Trade debtors Trade debtors are recognised initially at the transactron pri￿. They are subsequently measured at amortised cost using the effective interest methcd. less provision for impairment. A provision for the impairment of trade debtors is established when there is objeth've evKlence that the charity will not be able lo collect all amounts due actording to the original lertns of the receivables. Cash and ¢ash equivalents Cash and cash equivalents comprise cash on harKI and (211 deposits, and other short-term highly liquid investments that are readily (x)nvertible to a knuwn ar￿Unt of cash and are subject to an insignificant risk of change in value. In¢om• All income is recognised in the Statement of Financial Activities On￿ the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Inves*Jnent income Interest income is recLyJnised using the effective interest method except where it relates to a transaction where payment is deferred trEyond nom)al (xedit tenr6. Charitable activities Income from donated goods is measured at the fair value of the go(yJs 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 se￿I￿S are recognised in the accounts when received if the valuo can be reliably measured. No amounts are inctuded for the CLJntributs'on of general volunteers. In￿me from contracts for the supply of seNices is recc¥Jnised with the delivery of the contracted servi￿. This is classified as unrestricted funds unless there is a contractual requiremer)t for it to be spent on a particular purpose and retumed rf unspent, in which (ase it may be regarded as restricted. Page 16 cL)ntinued... SAHWR Limited Guarantee s to the Financial Statements - continued for the Year Ended 31 Aqar¢h 2024 ACCOUNTING POLICIES - continued Expendlture Liabilities are recognbsed as expenditure as soon as there is a legal or constructtve obligation committing the charity to that expenditure, it is probab￿ that a transfer of economic benefits will be required in settlement and the amount of the obligation (2n be measured reliably. Expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all cost related to the category Wiere costs cannot be diredly attributed to particular headings they have been allocated to activities on a basis ￿nSIstent with the use of resources. Allocation and apportionment of costs All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attn'buted to particular headings they have been allocated on a basis consistent with the use of resour￿. with ￿ntral staff costs allocated on the basis of time spent, and depreciation charges all￿ated on the portK)n of the asset's use. Other support costs are allocated based on the spread of staff costs Tangibl¢ fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Long leasehold House ftjrnrture & ffttings Computer & office equipment 2% on cost 250A on cost and 250A on reducing balance 250￿ on reducing balan Tangible assets are inrtially recorded at cost and are subsequently stated at cost less any accumulated depreciation and any aixumulated impairment losses. The assets, residual values. useftjl lives and deprec4ation methods are ￿vieWed and adjusted prospectively if appropriate, or if there is an indication of sgnifi(3nt change Sin￿ the last reporting date.Tangible assets are initially recorded at cost and are subsequentty stated at cost less any accumulated depreciation and any accumulated impairment losses. The assets. residual values. useful lives and deprecaation methods are reviewed and adjusted prospectively if appropriate, or if there is an indicakn'on of significant change Sin￿ the last reporting date. Taxation The charity is exempt from corFx)ration tax on its chantable actwibes. Fund 2¢¢0unting Unrestricted funds can used in accordance ¥￿th the charitable objectives at the discretion of the trustees. Restricted funds can only be used for parbcular restricled purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are unrestricted funds eamwrked by the trustees for particular purFoses. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benerts The charitable company operates a defined contribution pension scherne. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the perrod to which they relate. Page 17 continued... SAHWR Com Limited b Guarantee Notes to the Financial Statements - continued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - ¢L>ntinued Going concern The twstees consider that there are no material un￿rtaIntleS about the charty's ability to contirlue as a going con￿rn nor any signifunt areas of un￿rtainty that affect the carying value of assets held by the charity. DONATIONS AND LEGACIES 2024 2023 as restated Donations 47,095 138,027 INVESTMENT INCOME 2024 2023 as restated Deposit a(Lount interest 7N17 814 INCOME FROM CHARITABLE AcnvmES 2024 2023 as restated Activty House accommodation charge Housing beneffts Grants Sundry incxjme Safer Places Grants General General General General General Chiklren's 24.677 339,071 260,130 700 389,481 22,922 321,027 27,309 700 348,079 23,806 1,014,059 743,843 Grants re￿ived, included in the above, are as follows.. 2024 2Q23 as restated st Albans City & Distrtct Council Hertsmere Borough Council Hertfordshire County Council BBC children in need St Albans Abbey National Lottery Cost of living fund National Lottery - Reaching communities 35,294 7,400 110,141 26,309 23.806 1,000 66,734 41,561 260.130 51,115 Page 18 rA)ntinued... SAHWR Com Limited Guarantee Notes to the Financial Statements - continu for the Year Ended 31 March 2024 CHARITABLE ACTIVITIES COSTS Support (x)sts (see note 6) Direct Costs Totals General Children's Work 825,085 4,304 84,177 204 909,262 4,S08 829,389 84.381 913.770 SUPPORT COSTS Goveman costs Management Finan Other Totals General Children's Work 17.615 890 18 65,654 84,177 204 17,819 890 18 65,654 84,381 NET INCOMEI{EXPENDITURE) Net incomel(expenditure) is stated after chargingl(crediting)'. 2024 2023 as restated Auditors, remuneration Depreciation - owned assets 5,000 18,166 8,550 TRUSTEES. REMUNERATION AND BENEFITS Mrs S Benett recetved £545 (2023.. £495) in respect of ixx)k keeping SeN1￿ and Mrs H Walker received £22512023.. £525) for administrative work provided to the Charity. STAFF COSTS 2024 2023 as restated Wages and saL8ries Social security costs Other pension costs 423,605 30,029 9,979 374,099 27,756 8,166 463,613 410,021 Page 19 continued... SAHWR Com Limitsd Guarantee Notes to the Financial Statsments - continued for the Year Ended 31 March 2024 STAFF COSTS - continued The average monthly number of employees during the year was as folk)ws'. 2024 2023 as restated Refuge Managers Child Workers Refuge & Outreach Workers Administrator Housek&pers 13 23 No employees re￿IVed enK)luments in excess of £60,000. 10. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds as restated INCOME ANO ENDOWMENTS FROM Donations and legacies 27.925 110,102 138,027 Charitable activities General Children's Work 371,958 348,079 23,806 720,037 23,806 Investment income 814 814 Total 400,697 481.987 882,684 EXPENDITURE ON Charitable activities General 447,762 334,328 782,090 NET INCOMEI(EXPENDITURE) Transfers between funds (47,(￿5) {1,321) 147,659 1,321 100,594 Net movement in funds (48,386) 148,980 100,594 RECONCILIATION OF FUNDS Totsl fvnds brought forbyard 503.654 37,267 540,921 TOTAL FUNDS CARRIED FORWARD 455.268 186.247 641,515 Page 20 continued... SAHWR Com Limited b Guarantee Notes to the Financial Statements - continued for the Year Ended 31 Mar¢h 2024 11. PRIOR YEARADJUSTMENT The following adjustments have been made retrosp￿CtIve1Y to correct the reclassification of a property and the treatment of related restricted donations.. Propety RedaSSifi￿IIOn. The propety previously categorized as Freehold Property has been reclassified as Leasehold Propety. This correction did not impact the carrying value but has been updated to reflect the appropriate classffi&8tion in the Statement of Financial Posib'on. Release of Restricted Donations: Donations received for the purchase of this property, initi'ally recorded as restricted fijnds, should have been released to unrestricted funds at the b.me of the purchase. The impact of this adjustment has been reflected in the StatenEnt of Financial Acb"vities and Movement in Funds. Impact of Adjustments on Comparative Figures (2023): Original 2023 Adjustme nt Restated 2023 Freehold Propety Leasehold Propety Restricted Funds Unrestricted Funds 299.137 -299.137 299,137 -291,152 299.137 186,245 641,515 477,397 641,515 12. INDEPENDENT EXAMINERS, FEES The independent examiners were paid fees arT¥)unting to £nil (2023.. £3,288) in respect of work connected with their examination and produth'on of the statutory accounts. 13. TANGIBLE FIXED ASSErs House tumiture & fitbngs Computer &offi equipment Long leasehold Totals COST At 1 April 2023 Additions 299,137 231,689 15,308 73A30 6,325 604,256 21,633 At 31 March 2024 299,137 246,997 79.755 625,889 DEPRECIATION At 1 April 2023 Charge for year 213,356 8,587 66,132 3,597 279.488 18,166 5,982 At 31 March 2024 5.982 221.943 69,729 297,654 NET BOOK VALUE At 31 March 2024 293,156 25,054 10,026 328,235 At 31 March 2023 299,137 18,333 7,298 324,768 It was discovered during the year that the propetty treated as a Freehold Property should have been Ireated as Leasehold Propety and therefore has been reallolxted ac£ordingty. In addition, the donations received to purchase this propety should have been released from the restricted fijnds On￿ the purchase had been made and this has now been CO￿eCted. Page 21 continued... SAHWR Com Limited Guarantee Notss to the Financial Statements - continued for the Year Ended 31 Mar¢h 2024 14. DEBTORS.. APIOUNTS FALUNG DUE wrrHIN ONE YEAR 2024 2023 as restated Trade debtors Other debtors 6.292 11,538 3,597 10,486 17,830 14,083 16. CREDITORS." AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 as restated Other loans (see note 17) Trade creditors Social security and other taxes other creditors Accruals and deferred incr)me 4,259 14,006 8,675 2,639 125,602 11,000 15,930 4,858 1.658 4,716 155,181 38,162 16. CREDITORS: AMOUNTS FALLING DUE AFfER PIORE THAN ONE YEAR 2024 2023 as restated Other loans (see note 17) 6.000 50,548 17. LOANS An analysis of the maturty of loans is given below: 2024 2023 as restated Amounts falling due within one year on demand.. Other loans 4.259 11,000 Amounts falling belween one and bNo years: other loans - 1-2 years 2,000 18,748 Amounts falling due between two and five years.. Other loans - 2-5 years 2,000 2,000 Amounts falling due in more than five years: Repayable by instalments: Other loans more 5yrs instal Repayable othe￿ise than by instalFnents: Other loans more 5yrs non-inst 2.IXIO 3.000 26,800 Page 22 continued... SAHWR Limited b Guarantee Notes to the Financial Statements - continued for the Year End•d 31 Pdlarch 2024 18. MOVEMENT IN FUNDS Net movement in funds Transfers beiween funds At 31.3.24 At 1.4.23 Unr•stricted funds Refuge Work 465,270 281,365 6,564 743,199 Restricted funds HCC re Outreach Support workers BBC Children in Need Access to Work Safer Places Children's Fund Christmas Fund for dients and their families Interpreting services Macklers Farm Cottage Reaching Communities SADC for client vouchers HCC additional funding National Lottery cost of living fund Herts Counfy Council Community Outreach Contract - Lot 5 (636) 11,162 2.781 170 80,138 1,286 22 247 (2.755) 614 11,409 (26 {170) 557 180,695) 1,292 (3,450) 6,622 4,269 34,839 12,095 4,527 (4,269) 138) 34,801 1480 41,684 (41,583) {660) 101 660 987 186,245 (126,$64) {6,564) 53,117 TOTAL FUNDS 641.515 154,801 796.316 Net movement in fijnds, included in the above are as follows" Incoming resouroEs Resources expended Movement in funds Unrestricted funds Refuge Work 443.922 1162,557 281,365 Restricted funds HCC re Outreach Support workers BBC Children in Need Safer Places Children's Fund Inlerpreting ServI￿S Reaching Communities HCC additional funding National Lottery cost of living fijnd Jaspar Foundation Hertfordshire County Council Voucher Scheme Herts County Council Community Outreach Contract - Lot 5 32,549 20,010 (1) 349.941 1.760 (32.527) (19,763 (2,754) 1430,636) (1.754) (2,095) (41,599) 141,584) (66,392) 12,953) 22 247 12,755) (80,695 (2,096) (38) 141,583) (660) 41,561 65.732 2,953 4.000 (4,000 106,143 1105,156) 987 624.649 1751,213) (126,564 TOTAL FUNDS 1,068.571 (913.770) 164,801 Page 23 continued... SAHWR Limited Guarantee Notes to the Financial Statements - continued for the Year Ended 31 March 2024 18. MOVEMENT IN FUNDS - ￿ntInued Comparatives lor movement in funds Net movement in fijnds Transfer5 between funds At 31.3.23 At 1.4.22 Unrestri¢ted funds Refuge Work 503,654 (47,063) (1,321) 455,270 Restricted funds HCC re Outreach BBC Children in Need Access to Wor Safer Places Children's Fund Decorating fund Computer equipment fund Christmas Fund for clients and their families Interpreting servi￿5 Macklers FarTn Cottage Reaching Communrties SADC for client vouchers SADC Support Worker HCC additional funding {636) 1,481 156) 124,612 1,213 {10,885) {26) {6361 2,781 170 80,138 1,286 1,300 226 (44,474) 73 1.321 26 1,450 8.570 4,270 2,000 {1,948) 3,450 6,622 4,270 34,839 480 11,161 41,684 34,839 (1.000) (86) {1,851) 1.480 11,247 43,535 37.267 147,657 1,321 186,245 TOTAL FUNDS 540,921 100,594 641,515 Page 24 ntinued... Limited Guarantee Notes to the Financlal Statements - continued for the Year Ended 31 March 2024 18. MOVEMENT IN FUNDS - continued Comparative net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestri¢ted funds Refuge Work 400,697 (447,760) (47,063) Restricted funds HCC re Outreach BBC Children in Need Access to Work Safer Pla￿S Children's Fund Decorating fund Computer equipment fund Christmas Fund for clients and their families Interpreting servi￿S Reaching Communities SADC for client vouchers SADC Support Worker HCC additÈonal funding 97,650 23,806 (98,286) (22,325) (56) {125,814) (6361 1,481 {56) 124,612 1,213 (10,8851 (26) 250,426 1,213 1,000 (11,885) (26) 2,000 {1,948) 34,839 11,000) (86> 11,851) {1,948> (41,037) {1,000) (30,101) (1,852) 75.876 30.015 481.987 (334,330) 147,657 TOTAL FUNDS 882,684 1782,0901 100,594 Page 25 continued... SAHWR Com Limited Guarantee Notes to the Financial Statements - conlinued for the Year Ended 31 Mar¢h 2024 18. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 rrL)nths combined position is as follows". Net movement in fvnds Transfers be￿een nds At 31.3.24 At 1.4.22 Unrestricted funds Refuge Work 503,654 234,302 5.243 743,199 Restrictsd funds HCC re Outreach Support workers BBC Children in Need Access to Work Safer Places Children's Fund Decorakn'ng fund Computer equipment fund Christmas Fund for clients and their families Interpreting serVI￿S Macklers Farm Cottage Reaching Communib'es SADC for client vouchers SADC Support Worker HCC additional funding National Lottery cost of living fijnd Herts County Council Community Outreach Contract - Lot 5 (614) 247 {1,274) 156) 43,917 1.219 (10,885) {26) 614 247 1,300 226 {44,474) 73 (26) (170) 557 1,292 1,321 26 1,450 8.570 4,270 2,000 (4,043) (3,450) 4,527 (4,269) 34,801 (1,000) {86) (43.434) (660) 34,801 1,480 11.247 43.535 (480) 11,161 101 660 987 987 37.267 21,093 {5,243) 53,117 TOTAL FUNDS 540.921 255,395 796,316 Page 26 continued... Limited Guarantee Notes to the Financial Stat•ments - ¢¢>ntinued for the Year Ended 31 March 2024 18. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows". Incoming reSoUr￿S Resources expended Movement in funds Unrestricted funds Refuge Work 844,619 (610,317) 234,302 Restricted funds HCC re Outreach Support workers BBC Children in Need Access to Work Safer Places Children's Fund Decorating fund Computer equipment fund Christmas Fund for clients and their families Interpreting ServI￿S Reaching Communrties SADC for client vouchers SADC Support Worker HCC additional funding National Lottery cost of living fund Jaspar Foundab'on Hertfordshire County Council Voucher Scheme Herts County Council Community Outreach Contract - Lot 5 130.199 20,010 23,805 (130,813) (19,763) {25,079) (56) (556,450) (1,754) (11,885) 126> (614) 247 {1,2741 {56) 43,917 1,219 (10,885) (26) 600,367 2,973 1,000 2,000 2,000 14,043) 34,801 11,000) (86) (43,434) (660) 14,043) (82,6361 {1.000) (30,101) 143,436) (66,392) (2,953} 117,437 30,015 65,732 2.953 4.000 {4,000) 1(￿.143 (105,156) 987 1,11￿,636 (1.085,543} 21,093 TOTAL FUNDS 1,951.255 (1.695,860 > 255,395 19. CONTINGENT LIABILITIES There are no known (x)ntingent liabilities, other than those arising in the usual course of activities. 20. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. Page 27 continued.. SAHWR Com Limit Guarante• Notes to the Financial Statsments - continued for the Year Ended 31 March 2024 21. DESCRIPTION OF FUNDS Refuge Work All income and expenditure not allcthted to a S￿ffic fvnd is included in this unrestricted fund. Safer Places Safer Places covers some of the housing support given to individual clients. It also partly covers community work {Outreach seN1￿} in all 5 areas covered by SAHWR and to facilitate Triple R programmes quarterly sessions around emKM)wering domestic abuse clients. Children'5 Fund SAHWR has dedicated chitd support worke[5 who support children and young people aged 0-16 years, both in accomm(Idation and within the community. All children and young people we work with have suffered the trauma of living in households where there is domestic abuse and are often hidden victims. Our role with children and young people is to start the process of recovery,. our work is about allowing chidden to be children and helping them make positive memoties through play, outings and activities, developing safe, consistent relationships with adults and supporting the resident parent in providing consistent care and support. This WO￿ is a vital part of the servI￿S we provide stopping the cycle of domestic abuse experienced. Herts Community Foundation The donation partly covers the costs of one support workar and IT wuipment GMSP Foundation (Interpretlng servlces) The donation is for interpreting and translab'on Serv￿ for our dients. both resmlential and outreach. There was a balance of £4.526 left on the grant at the year end to be carried fopward against future (xjsts. National Lottery - Reaching Communities This grant is for Outreach staff salaries and as￿￿lated costs for training, travel and IT equipment covering the period from 31 August 2022 to 13 February 2025. National Lottery - Cost of living This grant was received in 2 instalments to cover costs towards family supplies, refuge utilities, premises, repairs arKI maintenance and Insuran￿ for the period from 24 July 2023 to 31 March 2024. Herts County Council Grant This grant is for Outreach staff and associated ServI￿S and to fijnd a child support worker and related training and expenses. HCC Outreach Contract- Lot 5 This is a 2 year grant to cover staff costs, specialist advisers and professional support services, telephones & mobiles, staff travelling. energy bills. insurance and other charges. HCC Voucher Scheme This £4,000 grant went towards foThY provI￿onS for our refuge residents. HCF This £10,000 Hertfordshire Community Foundation donats'on was r￿1Ved in January 2024 to be spent after 31 March 2024. The donation is to suprK)rt families and victims of dotnestic abuse with purchasing fuel, food, dothing and household items. SADC Support Worker The St Albans City & District Council provided a grant to cover the salary of a Specialist Domestic Worker for the period from 1 August 2023 to 31 Juty 2024. Page 28