Company registration number: 03451379 Charity registration number.. 1070755 Her Centre Limited IA company limited by guarantee) Annual Report and Flnancial Statements for the Year Ended 31 March 2024 Field Sullivan Limited 9 Hare & Billet Blackheath SE3 ORB
Her Centre Llmited Contents Reference and Administratlve Details Trustees, Report 2to9 Independent Examiner's Report io Statement of Flnancial Activitles li Balance Sheet 12 statement of Cash Flows 13 Notes to the Financial Statements 14to26
Her Centre Limlted Reference and Administrative Details Trustees Tosin Adewunmi Sabrina Clarke Victoria Creed Lade Hephzibah Qlugbemi Cassie Taylor Kathleen Tutton Eleonora Valesl Lisa Wa15h Megan Webster Claire Wheeler Charlty Reglstratlon Number 1070755 Company Reglstratlon Number 03451379 The charity is incorporated in England & Wales. Clockhouse Building Defiance Walk Woolwich Dockyard Estate London SE18 SQL Reglstered Offlce Independent Examiner Field Sullivan Limited 9 Hare & Billet Blackheath SE3 ORB Page I
Her Centre Limited Trustees, Report The trustee5, who are director5 for the purposes of company law, present the annual report together with the rinancial statements and audltors, report of the charitable company for the year ended 31 March 2024. This is a directors, report required by s417 of the Companies Act 2006 and all trustees are directors. The financial statements comply with current statutory requirements and the requirements of the Memorandum &Articles of Association. The trustees report should be read in conjunction with the Annual Report, which is published separately. The Company Is limited by guarantee and ha5 no share capital. It Is also a registered charity. The Members of the Board who served at any time during the period and to date are as set out on page l. Decisions are made by the trustees and the day to day running of the organisation is delegated to the staff team. Appolntment of trustees In accordance with the Articles of Association, Officers and other Trustees may be appointed at General Meetings based on a vote by the members. Nominations for OffScers and other Trustees are made in writing before the meeting. At each Annual General Meetlng one-third of the trustees retire by rotation. All trustees retirlng in this way may be re-elected. In addition. the Trustees have the power to appoSnt additional trustees between Annual General Meetings. Appropriate procedures are in place for the induction and training of new Trustees. Information on Charity Commission guidance has been shared with all trustees. Prlnclpal actlvlty To promote any charltable purposes for the benefit of all female persons Ilvin& working or studying In the Royal Borough of Greenwich and other areas, herein after called "the area of benefiv and in particular the advancement of education, furtherance of health and the relief of poverty and distress. Our vision is,. To eradicate violence against women and girls Our mission statement is: To engage, enable and empower women to move away from abuse, and to move forward with their lives Our value statement is: Her Centre is a woman-focused, women-led organisation. We believe that domestlc and sexual abuse must be tackled both by empowering women and acknowledging the socletal inequality that perpetuates and legitimises violence. We are resilient and inspire resilience in the women we support. Her Centre is a safe place where a woman can be listened to - and belleved - In an environment of trust and respect. Our alms set the premise for our work. These are: To enable women experiencing abuse to make informed choices for thelr future • To engage women of all ages, races and backgrounds, raising awareness of risks of abuse and the services available to them To empower women through training, information, support and counselling to take control of thelr lives, be able to live independently and thrive To develop the training services both for engagement and to empower women when they are out ofcrisi5 . Page 2
Her Centre Limited Trustees, Report Sectlon I: Ongoing Support to Women Experlenclng Abuse Her Centre continues to receive hlgh levels of referrals, with an increase of 31% on cllents engaged from 5 year5 a80. This year we had 1058 referrals which is a slight decrease from last year of just 58 referrals. Our engagements includlng women attending our one stop shop were 749. We afe seeing more women with complex challenges that can be a barrier to leaving abuse, such as mental 111 health, substance misuse problems, and having unsettled status in the country. For these reasons many women need to try leaving a number of times before all the support they need Is in place to succeed. Our recent grant from City Bridge Trust will allow us to employ a complex needs domestic vlolence advocate to better support women facing multiple challenges. We can often help women experiencing abuse who have unsettled status to access advlce on the right to remain and benefits, as well as to leave abuse. but many don't realise we can offer this, To get thls message out we have expanded our outreach to both Eltham and Thamesmead. We contlnue to run our 3 basic English classes for 12 weeks 3 times a year, and inform the student5 of our range of services, which can also lead to some women seeking help with domestic abuse. Section 2: Performance and Outcomes Below are the outcomes we gathered from our exit survey with women we support. They show lower levels than last year reflecting the increase in complex cases where women are less sure that they are safe and so less confidence and feeling of self-control. We hope our new post and our Joint work with the council's Domestic Abuse Perpetrator Programme will improve this, Fortunately. women Still Show strong awareness of where to access help. Aprll- Mar Uslng a Survey of Servlce Users: Services users that are confident that they can stay safe. Service users that are aware of where to access help and support if needed. Service users that feel more in control of their lives. 78 Service users that have Increased levels of confidence. 74 Sectlon 3: Training Programme for GPS on Recognlslng Abuse Our Health programme has been renewed again for 2024/25. Thls is a training and support programme where Her Centre provide Greenwich GP practices with specialist tralning and then takes referrals from the surgerie5 to support women into safety. We have amended the training to be done as open training for all GPS run 6 to 8 times a year, rather than runnlng for each surgery, as this will better allow new GP staff to get trained. We trained 73 GPS last year and had 50 referrals. Sectlon 4: Support for Women In Accesslng Houslng Our Housing Independent Domestic Violence Advocate {IDVAI p05t is based in the council Houslng Options team two days a week supporting women who present as homeless due to abuse. This post has built strong links with housing and given addltional support to women to understand where they can stay safe. We have worked to improve the types of temporary housing clients find themselves in, but recognise the lack of housing available, and press to keep families out of hotels wlth no cooking facilities. Last year we supported 176 women referred through housing or with housing as their primary need. Page 3
Her Centre Limited Trustees, Report Sectlon 5: Support for Children of Familles where there has been Abuse Our Children's IDVA continues to work with children and famllles affected by abuse. taking referrals from Children's Soclal Services and once chlldren are engaged referrlng to counselling provided by Deborah Ubee Trust. This service focuses on the child's experience of living with abuse in the family and works to help chlldren come to terms with the changes In thelr lives, to understand what a healthy relatlonshlp Is and to build better relationships with their non-abusive parent. SECTION 6: SUPPORT FOR GIRLS WHO EXPERIENCE ABUSE. Our project for teenage glrls continues and has helped girls facing a range of challenges includlng bullying as well as abuse by their peers. We have had hlgh levels of engagement by working wlth other support providers to best meet girls on their own terms and then provlde one to one sessions on consent, healthy relatlonships and look at buildlng up their resillence. Girls and young women face huge challenge5 where boys are not challenged for thelr abuse. We are fortunate that the Violence Reductlon Unit are funding us to work with teachers in secondary schools this year to glve them the tools to discuss misogyny in a way that boys and girls can respond to positively, This work starts from September 2024. Sectlon 7: Sexual Abuse Support Our Sexual Vlolence advocate supported 60 women who experienced sexual abuse either from within a relationship or from casual acquaintances or strangers and 14 cases of stalking. We also SUPPOrted 14 women experiencing honour-based violence, 6 women whose children were at risk of female genital mutilation, 5 women who were trafflcked, and 3 fleelng a forced marri8ge. Henry Smith continues to fund our Sexual Violence Advocacy work. Sectlon 8: Group and Indlvldual Counsellln8 Our weekly support group continues to run with a counsellor facllitator but as a peer led group, and we refer clients to partners Deborah Ubee Trust for individual long-term counselling. In all 103 women attended group and indlvldual counselling. Sectlon 9: Basic Engllsh Classes Our basic English ran 3 courses 3 times a year with 54 attending over the year. We 3150 ran our confldence building course for 10 women and our parenting workshop5 for 22 women. Page 4
Her Centre Limited Trustees, Report Picture from Training & Info Day. Sectlon 10: Events Her Centre held 3 open event5 in 2023-24, with a range of themes. The first In June looked at the Housing Crisis and how it was impacting women. Several women raised their own pain at having to live in hotels with their children with no cooking facilities, and both the cabinet lead for Housing and the assistant dlrector of housing were there to take questions and hear people's concerns and experiences. Our October event focused on Young People and situationships, which included an workshop from a Little Fish and talks from our own Young women's Advocate a5 well as a talk from the cabinet lead for Community Safety and had a really positive response from both students and the wider audience. The final Open Forum on International women's day was on Mothers and Others and had talks from our own Children's Advocate as well as Young Mums, East Chlldrens, Centre Director, Pause service that supports mothers with children in care and Amour Destine that supports care leavers. In all we had 173 people attend and had good feedback from all 3 open forums. We also ran two Training and Information days to help women access further educations, accredited courses for work qualifications and job placement opportunities. In all 75 women attended our two drop-in days and spoke with our wide range of stall holders, including DWP, Twin Employment, GCDA, Grip, Volunteer Centre Greenwich, First Step, Greenwich Local Labour and Business, Southeast London Community Energy and Live Well. Page 5
Her Centre Limited Trustees, Report Hei Cenltts 41ofl ijt tlio Hoiislng Crl$15, Op¢A FontJiJ Eveni- juli 2023 Sectlon 11: One Stop Shop and the Advice Hub Though we are no longer directly involved in food d15tribution, we are still helping families who need it access the weekly Clockhouse food as well as covering the advlce hub with other key advice agencles. Our One Stop Shop has seen numbers increase by 22°A from last year as we come out of restrictions, with 289 women attending our weekly drop-in sessions at Clockhouse, St Mary's in Eltham and the Moorings in Thamesmead. All three sessions are linked to the advice hubs that run in the same locations on the same day and time. Sectlon 12: Tralnlng for professionals Her Centre has run training for our stakeholders this year including Stand by Me, teachlng men and women how to be active bystanders where they see sexual harassment and abuse In public, as well as our GP training, our training for councll staff and other volunteer sector agencies on our work. We ran our 3 levels of basic English courses, parenting courses and confidence building for women we work with, and for our staff ran refreshers in our data base and safeguarding children, wellbeing session, and in substance misuse, equalities awareness and motivational Interviewing. We have run awareness training for women champions from diverse local communities, to ensure they know what services are available and encourage women to support other women. Our champions have also attended safeguarding training and brought a wide group of women together for health training. This is funded from the new increase in our Equallties grant from Greenwich council. Sectlon 13: Fundralslng Her Centre wa5 looking at a large deficit In November for the current financial year but now have a much smaller gap to fill. Our fundraising with the Big Glve match funding programme was much smaller last year due to only one round rather than two, so we hope to increase our donations in the current year. While we are managing, short term grants from central government often limits the depth of seNice we can provide to the most complex cases. who need numerous calls and appointments to stay engaged. We are grateful to City Bridge for funding for 5 years for our complex needs Post. Page 6
Her Centre Limited Trustees, Report Section 14: The Comlng Year Our work with women experlencing abuse continues with phone and face to face support depending on what works best for the client. Our One Stop Shop expansion will be promoted, to Increase the take up In Eltham and Thamesmead. Our English classes are stlll hugely popular and give us a platform to inform women of our wider services. We continue to develop prevention work and will develop and run training for teachers from September, working in partnershlp with Little Fish Theatre. We continue to work closely with the Violence against Women and Glrls Strategic Partnership group and with our user steering group who actively voice their views, at both local level through council meetings and events and at national level such as when speaking with the Ministry of Justlce on family courts. The team continue to work extremely hard and face high numbers of clients to support, but they stay focused on supporting women to make their own choices. We face another year that starts in deficit but are confident we will find enough money to meet our service commitments. as we did last year. Our board of trustees continue to provide support with their range of skills and experiences and will help us to keep the service meeting women's needs in Greenwich. Sectlon 15: Funders Her Centre would like to thank all our funders, especially Greenwich council who now fund us through 5 different fundlng streams. We would also like to thank Henry Smith, CSty Brldge and Lloyds Foundatlon. who have all funded us over multiple years and projects. and Brook Trust and Charles Hayward for funding our outreach and drop in work and our work with teenage glrls. We continue to recelve a grant from Health for our Health Independent Domestlc Abuse Advocate, and also had funding from Garfield Weston and Sara Charlton, Goldsmiths, Peabody and TUUT charity. The Home Office funded our stalking project that ended in October. Thank you all for keeping our work alive. And a special thanks to Llnda Moylan and Louise Hatch for running the Her Voice event during Internatlonal Women's Week, that raised £1,000 for u5, and to Mycenae House for giving them free room and support for the event. Louise and her band at the Her Volce Evenl, at Mycenae House in March 2024 Page 7
Her Centre Limited Trustees, Report Trustees and offlcers The trustee5 and officers servlng during the year and slnce the year end were as follows.. Trustees.. Tosln Adewunmi lappointed 23 May 20231 Sabrina Clarke (appointed 4 June 20241 Victoria Creed Lade Hephzibah Olugbemi lappolnted 23 May 20231 Cassie Taylor Kathleen Tutton Eleonora Valesi lappointed 4 June 20241 Lisa Walsh Megan Webster Claire Wheeler Zainab Hassan (resigned 3 September 20231 Emilie West {reslgned 3 October 2023} Reserves pollcy At 31 March 2024, Her Centre had £270,89012023'. £310,978) of funds brought forward, made up of £6,464 12023: £59,842} of restricted funds and £264,426 (2023.. £251,136) of unrestricted funds. At 31 March 2024, Her Centre had £281,241 {2023: £270,890) of funds carried forward, made up of £2,21812023; £6,464) of restricted funds and £279,113 12023: £264,426) of unrestricted funds. The trustees have examined the requirement for free reserves which are those unrestricted funds not Invested in fixed assets, designated for specific purposes or otherwise committed and have set a reserve target equal to 3 months, turnover, as recommended by the Charity Commisslon. We continue to explore opportunlties to generate sustainable funding Into the charitv. Rlsk management The trustees have carried out a review of the major risks whlch the charity faees on a regular basis and implemented procedures and controls where necessary to mitigate any risks identified. An annual review of the controls over the financial systems and the operational and business risks which they may face is carried out. Publlc beneflt The alms of the Her Centre are to provide services to all women who live, work or study in the Royal Borough of Greenwich. This we do through our weekly drop-in advlce sessions, our one to one specialist domestic and sexual abuse advocacy services, our counselling, weekly motivational group and regular training courses, and through our quarterly open forums. All our services are free to particlpants. We also provide trainlng to statutory and voluntary agencies at low costs that help subsldise our work for women in the community. Page 8
Her Centre Limited Trustees, Report Statement of Responslbillties The trustees (who are also the directors of Her Centre Limited for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United KSngdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practicel, includlng FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requlres the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financlal statements unless they are satisfied that they give a true and fair view of the state of affairs of the charltable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: select suitable accountlng policies and apply them consi5tently' observe the methods and principles in the Charitles SORP; make judgements and estimates that are reasonable and prudent; state whether appllcable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained In the financial statements; and 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 that can disclose wlth reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companles Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrlty of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financlal statements may dlffer from leglslation in other jurisdiction5. The annual report was approved by the trustees of the charity on 30 September 2024 and slgned on Its behalf by: Eleonora Valesi Trustee Page 9
Her Centre Limlted Independent Examiner's Report to the trustees of Her Centre Limlted ('the Company,) I report to the charity trustees on my examinatlon of the accounts of the Her Centre Limlted for the year ended 31 March 2024 whlch are set out on pages 11 to 26. Re5ponslbllltles and basls of report As the charlty's trustees of Her Centre Limited you are responsible for the preparation of the accounts In accordance wlth the requirements of the Companies Act 20061.the 2006 ACVI. Having satisfied myself that the accounts of Her Centre Limited are not requlred to be audited under Part 16 of the 2006 Act and are ellgible for Independent examlnation, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charitles Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act, Independent examlnerfs statement Slnce Her Centre Limited's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am member of ICAEW, whlch is one of the listed bodies. I have completed my examlnation. I conflrm that no matters have come to my attention in connection with the examination giving me cause to believe: accountlng records were not kept In respect of Her Centre Llmited a5 required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an Independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charlties applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection wlth the examlnation to which attention should be drawn In this report in order to enable a proper understanding of the accounts to be reached. Tim Sullivan FCA Field Sullivan Llmlted 9 Hare & Billet Blackheath SE3 ORB ' 2024 Page 10
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Her Centre Limited (Registratlon number; 03451379) Balance Sheet as at 31 March 2024 2024 2023 Note Flxed assets Tangible assets 12 11,091 3.504 Current assets Debtors Cash at bank and in hand 13 29,527 272,245 18.126 359,816 301.772 377,942 Creditors: Amounts falllng due wlthin one year Net current assets 14 131,6221 1110,5561 270.150 267,386 Net assets 281,241 270,890 Funds of the charlty: Restrlcted Income funds Restricted funds 2,128 6,464 Unrestricted Income funds Unrestrlcted funds 279,113 264,426 Total funds 15 281,241 270,890 For the financial year endlng 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relatlng to small companies. Director5, responslbllities.. The members have not required the charity to obtain an audit of its accounts for the year In question In accordance with section 476; and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 11 to 26 were approved by the trustees, and authorised for issue on 30 September 2024 and signed on their behalf by: Eleonora Valesi Trustee The notes on pages 14 to 26 form an integral part of these flnancial statements. Page 12
Her Centre Limlted Statement of Cash Flows for the Year Ended 31 March 2024 2024 2023 Note Cash flows from operatinB actlvltles Net cash income/lexpendlturel 10.351 140,0881 Adjustment5 to cash flows from non-cash Items Depreciation Investment income 5,919 13,1631 2,888 11,1801 13,107 138,3801 Worklng capltal adjustments Ilncreasel/decrease in debtor5 Decrease In creditors IDecreasel/increase in deferred income 13 111,4011 154,0711 124,8631 46,293 16.7251 14,864 14 Net cash flows from operating activities 177,2281 16,052 Cash flows from Investlng actlvltles Interest receivable and similar income Purchase of tanglble fixed assets Sale of tangible fixed assets 3,163 113.9661 460 1,180 12 Net cash flows from investing activities 110,3431 1,180 Net Idecreasel/increase in cash and cash equivalents 187,5711 17,232 Cash and cash equivalents at l April 359,816 342,584 Cash and cash equivalents at 31 March 272,245 359,816 All of the cash flows are derived from continuing operations durlng the above two perlods. The notes on pages 14 to 26 form an integral part of these financial statements. Page 13
Her Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2024 I Charity Status The charity is limited by guarantee. incorporated in England & Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. The address of its registered office is: Clockhouse Building Defiance Walk Woolwich Dockyard Estate London SE18 SQL These financlal statements were authorised for issue by the trustees on 30 September 2024. 2 Accountlng pollcles Summary of slgnlflcant accountlng policles and key accountlng estimates The princlpal accounting policies applied In the preparation of these financial statements are set out below. These pollcies have been consistently applied to all the years presented. unless otherwlse stated. Statement of compliance The financial statements have been prepared in accordance wlth Accounting and Reportlng by Charities: Statement of Recommended Practice appllcable to charitles preparing thelr accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} {effective l January 2019) - (Charities SORP IFRS 1021 Second edltion October 20191, the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. They also comply wlth the Companie5 Act 2006 and Charities Act 2011. Basls of preparatlon Her Centre Limited meets the deflnition of a publlc benefit entlty under FRS 102. Assets and Ilabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accountlng policy notes. Golng concern The trustees consider that there are no material uncertainties about the charity's abllSty to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charlty. Page 14
Her Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2024 Judgements and key sources of estlmatlon uncertainty In the application of the company's accounting pollcles, the directors are requlred to make judgement5, estimates and assumptions about the carrylng amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are consldered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognlsed in the periods in which the estimate is revised where revisions affects only that perlod, or in the period of the revision and future periods where the revisions affects both current and future periods, Income Grant income Is recognised in the year of receipt unle55 the terms of the grant match the funding to a specific time perlod or provision of service. As a result our the recording of our grant income within these financial accounts does not always match wlth the period in which the Her Centre use5 the fundlng. Addltlonal information is provided to funding bodies upon request. Expenditure All expenditure is recognised once there Is a legal or constructive obligation to that expenditure, It is probable settlement is required and the amount can be measured reliably. All costs are allocated to the appllcable expenditure heading that aggregate slmilar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central st3ff costs allocated on the basls of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charltable actlvlties Charltable expenditure comprise5 those costs incurred by the charity in the delivery of its activitles and services for its beneficiaries. It includes both costs that can be allocated directly to such activlties and those costs of an indirect nature necessary to support them. Support costs Support costs include central functlons and have been allocated to activity cost cateEorie5 on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their u5a8e. Governance costs These include the costs attributable to the chariWs compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses. Taxatlon The charity is considered to pa5S the tests set out in Paragraph I Schedule 6 of the Flnance Act 2010 and therefore it meets the definition of a charitable company for UK corporatlon tax purposes. Accordlngly, the charity is potentially exempt from taxation in respect of income or capital gains received wlthln categorles covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Page 15
Her Centre Llmlted Notes to the Flnancial Statements for the Year Ended 31 March 2024 Tanglble flxed assets Individual fixed assets costing £500.00 or more are initially recorded at cost. Depreclatlon and amortlsatlon DepreciatSon is provided on tangible fixed assets so as to write off the cost or valuatlon, less any estimated residual value, over their expected useful economlc life as follows: Asset cla55 Fixtures, fittings and equipment Server licence All other fSxtures, fittings and equipment Depreclation method and rate 25°A straight line method over useful life of 5 years 25% straight line method Trade debtors Trade debtors are amounts due from customers for merchandise sold or Services performed in the ordlnary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity wlll not be able to collect all amounts due according to the original terms of the recelvables. Cash and cash equlvalents Cash and cash equlvalents comprise cash on hand and call deposits, and other short-term highly Ilquid Investments that are readily convertible to a known amount of cash and are subject to an inslgnificant risk of change In value. Trade credltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from supplSers. Accounts payable are classified as current liablllties if the charity does not have an unconditional right. at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reportlng date. If there is an uncondltional rlght to defer settlement for at least twelve months after the reportlng date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortlsed cost using the effective interest method. Penslons and other post retlrement obllgatlons The charity operates a defined contribution pension scheme which is a penslon plan under which lixed contributions are paid into a pension fund and the charity has no legal or constructlve obllgation to pay further contrlbutions even if the fund does not hold sufficient assets to pay all employees the beneflts relatlng to employee service in the current and prior periods. Contribution5 to defined contrlbution plans are recognised in the Statement of Financial Activities when they are due. If contributlon payments exceed the contribution due for servlce, the excess is recognised as a prepayment. Page 16
Her Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2024 3 Income from donatlons and legacles Total 2024 Total 2023 Unre5trlcted Restricted Donations and legacies; Donations from individuals 17,659 17,659 45,816 Grants, including capital grants,. The City Bridge Trust Lloyds TSB Foundation RBG - Public Health Charles Hayward Foundatlon The Brook Trust 63.840 27,250 28.000 52,000 25,000 25,000 30,000 52,000 25,000 25,000 30,000 15,000 25,000 Garfield Weston Sara Charlton 15,000 The Goldsmiths, Company Betsy Foundation C05ARAF Charity Foundation Home Office Safer Streets 13,000 25,000 300 70,000 70,000 I,soo 13,599 13,500 5,333 60,000 55,100 70,000 London Catalyst Clothworkers 1,500 13,599 13,500 5,333 Hyde Charitable Trust Maximus The Henry Smith Charity DV RBG - Housing 60,000 55,100 45,000 55,100 66,591 317,100 383,691 398,306 Page 17
Her Centre Limited Notes to the Flnancial Statements for the Year Ended 31 March 2024 4 Income from charltable activities Total 2024 Total 2023 Unrestrlcted Restrlcted Clockhouse Community Peabody SHG 10,000 4,911 5,000 10,578 10,578 University of Greenwich Ilnternshipl RBG- Independent DV Advocacy RBG - Community Support- Strategic Equalities RBG Support for Children and Young People Training 2,000 137,700 102,000 102,000 43.750 43,750 28.000 51.000 51,000 236 64,911 900 236 10,814 196,750 207,564 253,422 5 Investment income Unrestrlcted funds General Total 2024 Total 2023 Interest receivable and similar income. Interest receivable on bank deposit5 3,163 3,163 1,180 Page 18
Her Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2024 6 Expendlture on charltable actlvltles Total 2024 Tota 2023 Internship Wages and salaries Social security Pension 4,194 456,472 42,725 35,057 6.000 740 446,584 39,458 31.062 Compensation payments Volunteer costs 518 Project expenses Training and recruitment Cost of trustee meetings Allocated support costs 22,272 2,396 304 19,668 8,076 55 19,238 52,212 561,832 625,199 7 Other expendlture Unrestrl¢ted Total 2024 Total 2023 General Note Partnership payment.. Gllab Partnership payment: D Ubee Trust Partnership payment: IRISI Partnership payment: Little Fish Paftnershlp payment: Tramshed Arts Partnership payment- Communities Inc 18,345 22,500 6,057 9,300 8,995 2,600 10,500 135 10,500 135 9,000 9,000 2,600 2,600 22,235 22,235 67,797 Page 19
Her Centre Limited Notes to the Flnancial Statements for the Year Ended 31 March 2024 8 Analysis of governance and support costs Support costs Unrestrltted Total 2024 Total 2023 General Rent 20,472 5,135 1,930 9,628 3,078 2.816 378 20,472 5,135 1,930 9,628 3,078 2,816 378 20,472 5,140 1,535 8,166 3,074 2,546 361 Telephone and fax Insurance IT and database Statlonary and postage Subscriptlons Staff travel Advertising Bookkeeping Independant examination Professional Bank charges Depreclation IProfitl/loss on disposal of tangible fixed assets Release of project cost accrual 643 643 365 625 625 576 2,814 1,328 18 2,814 1,328 18 2,730 4,342 18 5,919 461 136,0071 5,919 461 136,0071 2,887 19,238 19,238 52,212 9 Trustees remuneratlon and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity durlng the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year, 10 Taxatlon The charity is a registered charity and is therefore exempt from taxation. Page 20
Her Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2024 li staff costs The aggregate payroll costs were as follows: 2024 2023 staff costs durlng the year were: Wages and salaries Social security costs Pension costs 446,584 39,458 31,062 456,472 42,725 35,057 6,000 CompensatSon payments 517,104 540,254 The number of persons (including senior management team) employed by the charity during the year was as follows: 2024 No 2023 Charitable activities 18 19 DurSng the year, the charity made redundancy andlor termination payments which totalled £Nil 12023 £6,000). No employee received emoluments of more than £60,000 during the year. Page 21
Her Centre Limited Notes to the Flnancial Statements for the Year Ended 31 March 2024 12 Tanglble flxed assets Computer equlpment Total Cost At l April 2023 Additlons 11,549 13,966 11,8381 11,549 13,966 11,8381 Disposals At 31 March 2024 23,677 23,677 Depreclatlon At l April 2023 Charge for the year Eliminated on disposals 8,045 5,919 11,3781 8,045 5,919 11,3781 At 31 March 2024 12,586 12,586 Net book value At 31 March 2024 11,091 11,091 At 31 March 2023 3,504 3,504 13 Debtors 2024 2023 Trade debtors 2,779 1,748 25,000 113 Prepayments Accrued income 1,785 16.228 29,527 18,126 14 Credltors: amounts falling due wlthln one year 2024 2023 Trade credltors Other taxation and social security other creditors Accrua15 Deferred Income 20,387 10,772 796 10,338 918 5,365 15,001 38,737 39,864 31,622 110,556 Page 22
Her Centre Limited Notes to the Financial Statements for the Year Ended 31 March 2024 15 Funds Balance at l April 2023 Balance at 31 March 2024 Incomlng Resource5 resources expended Transfers Unrestrlcted General General Funds 264,426 80,568 147,872) 118,0091 279,113 Restrlcted RBG - Independent DV Advocacy RBG- Community Support Lloyds TSB Foundation Garfield Weston 1,610 128.000 43,750 1134,6971 143.750) 12,8861 130.0001 160,0001 155,1001 11,6031 125,000) {25.000} 5,087 2,886 30,000 60,000 55,100 The Henry Smith Charity DV RBG- Houslng London Community Foundation Charles Hayward Foundation The Brook Trust 1,603 25.000 25,000 RBG Support for Children and Young People Safelives 51.000 {51,0001 13551 iioi 167,8721 138,9221 1536.1951 355 COSARAF Charity FoundatSon Home Office Safer Streets io 70,000 26,000 2,128 Health 12,922 6,464 513,850 18,009 2,128 Total funds 270,890 594,418 1584,0671 281,241 Page 23
Her Centre Llmlted Notes to the Financlal Statements for the Year Ended 31 March 2024 Balance at 31 March 2023 Balance at I Aprll 2022 Incoming resources Resources expended Transfers Unrestrlcted General General Funds 251,136 141.097 1152,807) 25,000 264,426 Restricted RBG - Independent DV Advocacy RBG- Community Support Lloyds TSB Foundation The City Bridge Trust The Henry Smith Charity ILM Programme MOPAC 15.519 3,550 27,886 137,700 28,000 1151,6091 131,5501 1,610 125,0001 2,886 60,800 45,000 55,100 {60,800} 145,0001 155,1001 13,9001 3,900 London Community Foundation The Brook Trust 4,670 2,875 13,0671 127,8751 1,603 25,000 RBG - Support for Children and Young People Safelives COSARAF Charity Foundation 64,911 164,911} 11,0871 1,442 355 300 12901 170,0001 125,000) io Home Office Safer Streets 70,000 25,000 Bet5y Foundation 59,842 511,811 {540.189) 125,0001 6,464 Total funds 310,978 652,908 1692,9961 270,890 Page 24
Her Centre Llmited Notes to the Financial Statements for the Year Ended 31 March 2024 Royal Borough of Greenwich IRBGI.. Independent DV Advocacy.. to provide services to women affected by domestic violence. Community Support - Strategic Equalities.. to provide advice services to tackle inequality and promote social Inclusion in respect of women's equality. Lloyds TSB foundatlon .' contribution to salarles, office costs, staff travel. volunteer tralning and volunteer espenses. The City Bridge Trust Support Worker. contribution towards the Follow Up Support Prolect, including one FfE Follow Up Nationwide- Funding to support women who need help with housing who have experienced abuse to ensure they are Safe. The Henry Smith Charity - contribution towards the salary and on costs of the Independent Domestic & Sexual Violence Advocate providing crisls intervention, support & outreach to women affected by domestlc abuse in the London Borough of Greenwich. Big Lottery- Reaching Communities.. funding for New Leaf Project. MOPAC Victims Fund: to improve organisational infrastructure to support Her Centre'5 services to women experiencing Domestic Violence IDVI in Greenwlch. London Communlty Foundation - COVID funding for laptops and any other IT related software and equipment. Charles Hayward Foundation- funding towards the Independent Domestlc Violence Advocate for the One-stop Shop service. The Brooks Trust- fundlng to support the employment of a part-time IDVA at the One-stop Shop. Royal Borough of Greenwich IRBGI.. Children Services Support for Children and Young People to deliver child/family centred support and counselling servlce for children and families affected by domestic abuse, Pilot Project is the same as RBG Capacity Building and Poverty Advice - This is funding to address the needs of local people particularly women and families who will struggle with the new benefit System. Safelives - Funding to provide grants to victims of economic abuse and help survivors move forward and promote recovery and resilience. Royal Borough of Greenwich COVID ~ Infectlon Control Expenditure - to support women isolated and less likely to go into the community or access food banks. Arts Council - (Thriving Community Partnership), working in partnership with other local agencies such as Tramshed, Live Well Greenwich and Little Fish Theatre to develop and enhance the Young Persons Social Prescribing programme. The Blg Glve - Fundra151ng Campalgn to raise funds to continue to provide free Basic English classe5 for women. 8etsy Foundation Grant to support girls and young women who have experlenced abuse, to stay safe. understand consent and build their confiden. Page 25
Her Centre Llmlted Notes to the Financial Statements for the Year Ended 31 March 2024 COSARAF - Hardshlp grant awarded by COSARAF Charitable Foundatlon to support a servlce user in need. Home Offlce (Safer Streets) - Fundlng towards reduclng and preventing Violence Against Women and Glrls IVAWGI in public spaces and to increase the feeling of safety. 16 Related party transactlons 17 Analysls of net assets between funds 2021 net assets between funds Unrestricted funds General Total funds at 31 March 2024 Restrl¢ted funds Tangible fixed asset5 Current assets Current liabilities 11,091 299,644 131,6221 11.091 301,772 131,6221 2,128 Total net assets 279,113 2,128 281,241 2020 net assets between funds Unrestrlcted funds General Total funds at 31 March 2023 Restrlcted funds Tangible fixed assets Current assets Current liabilities 3,504 371,478 {110,5561 3.504 377,942 {110,5561 6,464 Total net assets 264,426 6,464 270,890 Page 26