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2022-03-31-accounts

Registered number: 03719502 Charity number: 1075433

TREVI WOMEN LTD FORMERLY KNOWN AS TREVI HOUSE LIMITED (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Trustees' Report 2
Trustees' Responsibilities Statement 16
Independent Auditors' Report on the Financial Statements 17 - 20
Statement of Financial Activities 21
Balance Sheet 22
Statement of Cash Flows 23
Notes to the Financial Statements 24 - 42

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022

Trustees Mrs G Connelly, Chair (from 17 June 2022)
Mrs S E Dangar, Chair (from 17 June 2022)
Mrs G Eden, Vice Chair
Ms K Lewis (resigned 14 November 2022)
Mrs J B Rowlands, Chair (to 17 June 2022) (resigned 17 June 2022)
Mrs C Wells
Mrs S Dunn (resigned 3 March 2022)
Mrs L John (resigned 31 May 2021)
Ms J B O'Hara (resigned 21 January 2022)
Mrs B A Watts (resigned 5 May 2022)
Ms D Joce (appointed 1 October 2022)
Ms S Cope (appointed 15 November 2022)
Company registered
number
03719502
Charity registered
number
1075433
Registered office
29 Sutherland Road
Plymouth
Devon
PL4 6BW
Chief executive officer
Hannah Shead
Independent auditors
Bishop Fleming LLP
Chartered Accountants
Salt Quay House
4 North East Quay
Sutton Harbour
Plymouth
PL4 0BN
Bankers
NatWest
14 Old Town Street
Plymouth
Devon
PL1 1DG

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 FOR THE YEAR ENDED 31 MARCH 2022

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The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

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Since 2018 our Charity has experienced significant growth: the number of employees has trebled, and our service provision has grown from one centre to three. Therefore, after such growth, followed by a global pandemic leading to an upsurge in demand, the Board of Trustees took the view that this financial year should be about consolidation, recovering from Covid and strengthening our offer, ensuring that we are offering the very best we can from all our services.

Our CEO, Hannah Shead, again worked tirelessly throughout this financial year to ensure the continued success of our organisation. The Board are hopeful that soon, Ms Shead will be able to move away entirely from the day to day running of the organisation to promote Trevi Women both locally and nationally, to take part in aspirational campaigns and contribute to parliamentary discussions regarding women and children.

± Throughout this financial year, recruitment has proven to remain an urgent issue. This is not unique to Trevi nationally there is a shortage of social care workers. We had several significant posts to fill, including our 5HJLVWHUHG�0DQDJHU�IRU�-DVPLQH�0RWKHU¶V�5HFRYHU\�DQG�LQKRXVH�6RFLDO�:RUNHUV�IRU�'DIIRGLO�)DPLO\�&HQWUH�� As our current Daffodil Registered Manager wishes to retire in the near future, we will need to recruit for this position as well.

Our Daffodil Family Centre has thrived throughout Covid and is building an excellent reputation for the organisation and itself. We received our first OFSTED Report and due to the dedication and commitment of VWDII��'DIIRGLO�UHFHLYHG�D�UDWLQJ�RI�³*RRG´�ZKLFK�LV�H[WUDRUGLQDU\�IRU�D�ILUVW�DXGLW�

-DVPLQH�0RWKHU¶V�5HFRYHU\�KDV�FRQWLQXHG�WR�DWWUDFW�UHVLGHQWV�DQG�DOWKRXJK�WKHUH�KDV�EHHQ�D�FKDQJH�RI� management mid-\HDU��WKLV�LV�QRW�D�FRQFHUQ�IRU�WKH�%RDUG��6XQIORZHU�:RPHQ¶V�&HQWUH�LV�VORZO\� recovering from the effects of the Covid pandemic and will continue to do so into the next financial year.

Our staff have shown huge resilience and tenacity to our organisation, stepping up to work extra hours when needed, taking on board and implementing various new procedures that were brought into effect to ensure we are Covid compliant.

Our Deputy CEO, Mrs. Tracey Campbell, has worked extremely hard, with the support of her team, to carry out viability assessments and answer all queries, albeit remotHO\��WR�ERWK�RXU�-DVPLQH�0RWKHU¶V�5HFRYHU\�DQG� Daffodil Family Centre to ensure that occupancy has remained healthy.

We were extremely fortunate to appoint Mrs Hester Hamley as our new Finance Manager. Mrs Hamley has made an immediate and lasting impact on our organisation. As our service provision has grown over the years, we have been playing catch up. Our recent period of consolidation has allowed us to analyse backoffice infrastructure to start to implement changes and put in the right investment required to ensure the Charity runs smoothly and efficiently. This includes investing in finance, fundraising and HR.

Our Fundraising and marketing team has worked immensely hard throughout this financial year in securing various funds and grants to ensure our services can continue, and that our staff and service users have the necessary funds and equipment needed. Led by Hayley Dann, we have been able to recruit and train volunteers from our courageous peer mentor group to help facilitate fundraising activiWLHV�VXFK�DV�5DLVH�µQ¶� 6KDYH�DQG�3LQN�+DLU�'RQ¶W�&DUH��ZKLFK�KDYH�EHHQ�GLIILFXOW�DW�WLPHV�GXH�WR�UHVWULFWLRQV��0V�'DQQ�KDV�ZRUNHG� hard to support her team to ensure no interruption to any of our services.

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

We were also successful with a Tampon Tax fund bid and were awarded almost £900,000 to fund a partnership assertive outreach project known as Spark. This builds on the work that we have been doing since the summer, working with women who are sexually exploited on the streets. Spark involves collaborating with 7 partners; the project aims to prevent violence against women and girls and improve the quality of life for disadvantaged women across Devon, Cornwall and Dorset.

In November 2021 we unveiled our shoe installation to honour the lives of the women murdered by men in 2020 as part of the campaign known as the 16 days of activism against gender-based violence. This installation secured significant publicity including TV, radio, newspaper and a lot of online traction. Most importantly it opened the door to conversations with men about male violence and we were pleased to welcome Devonport High School for boys to view the installation, who engaged compassionately with the project.

:H�ZHOFRPHG�VRPH�YHU\�VSHFLDO�YLVLWRUV�LQFOXGLQJ�WKH�&KLOGUHQ¶V�&RPPLVVLRner, Dame Rachel de Souza, and our Lord Mayor of Plymouth, Terri Beer. We were also delighted to work with celebrities such as Davina McCall, Helen Monks and Stacey Dooley not to mention our Instagram Army of influencers for our annual Mental Health Awareness week takeover in May.

Equality and diversity have been top of our strategic objectives, and we were pleased to welcome a consultant to assist us in carrying out a Valuing Differences audit and strategy. We look forward to the results being published and starting work on the action plan.

We have been fortunate to have a period of stability in terms of our Board membership, which has enabled the Board to work together seamlessly for the benefit of the organisation.

None of the above would be possible without the considerable expertise, commitment, passion and integrity that all our members, whether Trustees, employed staff, volunteers and supporters, have shown towards our organisation this year. We look forward with excitement and confidence, that we can continue to provide all our services to a platinum standard into the future.

OBJECTS AND ACTIVITIES

Our vision is a society where women can access good quality, psychologically informed gender-based interventions without apology.

We will use our experience, our influence and the expertise of those who we support, to improve the response to women in recovery. We use recovery in its broadest sense, to incorporate recovery from addiction, mental health, criminogenic behaviours and domestic abuse. The stated objectives of Trevi are:

To promote recovery for women and their families by all or any of the following means:

Trevi is now in its 29th year of keeping women and children safe.

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

We run three centres:

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Rated overall Good by CQC and Outstanding in the domains of Responsiveness and Caring, our rehab centre takes referrals from across the UK and can accommodate up to 13 women and their children at any given time. Each mother follows a rehabilitation plan that includes daily counselling, relationship analysis, group therapy, medical examinations and check-ups from social services. The average stay is 12 - 24 weeks.

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2XU�6XQIORZHU�:RPHQ¶V�&HQWUH�RSHQHG�LQ������WR�SURYLGH�PHGLXP�WR�ORQJ-term trauma-informed outreach support to any woman who has support needs. Sunflower is a registered training centre, which runs a menu of nationally accredited therapeutic and vocational programmes that support women in addressing trauma, building resilience and progressing in all areas of their lives. Practical support includes assistance with parenting, benefits, accommodation, exercise, relationships, connecting with the community and employability. This centre also hosts the Pause Plymouth Practice and the Spark project.

Daffodil Family Centre

Daffodil Family Centre is a national parenting assessment centre that provides focused, purposeful, time limited residential assessments. The centre enables parenting capacity to be assessed whilst the child remains in the care of the parent.

Dedicated to ensuring the best outcomes for children, Daffodil places the child at the centre of its work with a trauma informed approach. The safety and welfare of the child is paramount. Whilst our assessment will consider and support the needs of the parents, the focus will be on the child, with a view to facilitate care SODQQLQJ�IRU�WKH�FKLOG¶V�ORQJHU-term future.

Pause Plymouth

Through Pause Plymouth, we offer an intensive, relationship-based service for women who have had children removed from their care and who, should they become pregnant again now, would be very likely to have that child removed too.

Many of our women have had several children removed and often many pregnancies. Their own upbringing will have been difficult and traumatic; almost 57% of them are care-leavers.

The aim of our work is to provide the women under Pause with the opportunity to have time for themselves and to address some of the difficulties which have resulted in the removal of their children.

The Southwest Spark Project

The Southwest Spark Project is a collaboration between seven partners to prevent violence against women and girls. It is funded by the department for digital, culture, media and sport (DCMS) tampon tax fund.

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The project builds on our work with women who are sexually exploited on the streets. It is focused on running an assertive outreach service ± a trauma-responsive provision that enables women to access support and move through the system more easily and with better outcomes. The project includes the NSPCC and the Zone to deliver education in schools to prevent violence against women and girls. The project also involves administering grants to other organisations who are working to (a) prevent violence to women and girls and / or (b) improve the quality of life for marginalised women and girls across Devon, Cornwall and Dorset.

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Our volunteers

The Charity is very involved in the community and relies on voluntary help, with over 46 volunteers assisting with various roles, including 15 supporting our outreach support to vulnerable women.

These activities contribute to the achievement of the CKDULW\¶V�DLPV�DQG�REMHFWLYHV�E\�

The Trustees takes this opportunity to thank all the volunteers for the work they do throughout the year.

PUBLIC BENEFIT STATEMENT

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-DVPLQH�0RWKHU¶V�5HFRYHU\�SURYLGHV�D�VDIH�DQG�VHFXUH�HQYLURQPHQW�ZKHUH�FKLOGUHQ�FDQ�UHPDLQ�LQ�WKH�FDUH�RI� their mother as she undertakes a recovery from drugs or alcohol.

2XWFRPHV�IURP�WUHDWPHQW�DW�-DVPLQH�0RWKHU¶V�5HFRYHU\�LQFOXGH�LPSURYHPHQWV�WR�PDWHUQDO�DQG�LQIDQW�PHQWDO� health, breaking the cycle of forced adoptions and increased life chances for mother and child. The benefits of our intervention are far reaching, with both social and financial gains to wider society from reduced future health and social care costs.

2XU�6XQIORZHU�:RPHQ¶V�&HQWUH�LV�ZRUNLQJ�ZLWK�ZRPHQ�ZLWK�PXOWLSOH�FRPSOH[LWLHV��VXFK�DV�PHQWDO�KHDOWK�� domestic abuse, recovery from trauma and criminality. Our work helps to alleviate the pressure on other local services; our outcomes include supporting women back into education / employment, diverting them away from criminality and helping them to achieve improvements in their physical and mental health.

Our Daffodil Family Centre, our second residential service, is providing focused time limited assessments for families within the court arena. Decisions are being achieved in a timely manner. In cases where the recommendation is for a cKLOG�QRW�WR�UHPDLQ�LQ�WKHLU�SDUHQW¶V�FDUH��D�WLPHO\�GHFLVLRQ�LV�NH\�WR�DFKLHYLQJ�D� positive longer-term outcome for the child.

By being fully included in the assessment process, parents are supported to understand why a child may not remain in their care. Meaningful and compassionate inclusion of parents in the assessment process is vital for their longer-term outcomes, and early feedback from parents reflects that this is overwhelmingly their experience at Daffodil.

For those cases where it is safe for a child to remain with their parent, the assessment at Daffodil has been instrumental at identifying and overcoming potential risks and setting out a longer-term safety plan.

ACHIEVEMENTS AND PERFORMANCE

Demand for all our services continues to be high.

Through keeping children out of care, over a five-\HDU�SHULRG�DORQH��RXU�-DVPLQH�0RWKHU¶V�5HFRYHU\�FHQWUH� represents an ethical and cost-effective saving to local authorities of almost £250,000 per family for the first five years. Almost 9 out of 10 children stayed with their mum following residential rehabilitation in this ± financial year this represents a saving to the public purse of £7.74 million. That figure purely includes the

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

FRVW�RI�FKLOGUHQ�JRLQJ�LQWR�FDUH��LW�GRHVQ¶W�LQFOXGH�DQ\�RWKHU�H[WUD support from the NHS, mental health, future rehabilitation, and other child removal costs.

2YHU�WKH�SDVW����PRQWKV�DORQH��RXU�6XQIORZHU�:RPHQ¶V�&HQWUH�KDV�UHJLVWHUHG�DQRWKHU�����ZRPHQ���� � declared they have been affected by domestic abuse. Our Sunflower practitioners have been working tirelessly to meet the need. At the beginning of the year, we had a waiting list of approximately 200 women however a change in structure and working with a team of trained peer mentors to increase capacity, has ± - made a significant difference to this ZLWK�ZRPHQ�EHLQJ�DEOH�WR�DFFHVV�µZRPHQ¶V�VSDFH�GURS LQV¶�RQ�D�GDLO\� EDVLV�DQG�D�QHZ�FRXUVH��µ7KH�6XQIORZHU�,QWURGXFWLRQ�&RXUVH¶�PXFK�HDUOLHU���

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Following the tragic events that took place in Plymouth last year, a commission was set up to end male violence against women and girls. Our Charit\�FRQWULEXWHG�WR�WKH�FRPPLVVLRQ¶V�FDOO�IRU�HYLGHQFH���:H�RXWOLQHG� our services on offer to support women with complex needs. We provided evidence on trauma, mental health, sexual exploitation, coercion and control, poverty and homelessness. We stressed that providing VHUYLFHV�PXVW�EH�GRQH�WKURXJK�WKH�OHQV�RI�µZRPHQ�RQO\¶�SURYLVLRQ�WR�SURYLGH�D�VDIH�VSDFH�IRU�ZRPHQ�WR�WDON� openly and recover in a positive way. Trevi has been positioned as part of the solution to this commission. Due to this, we are starting to experience more support from other partners in the city.

µ7KH�HQYLURQPHQW�DW�WKH�FHQWUH�LV�ZDUP�DQG�ZHOFRPLQJ��3DUHQWV�VSRNH�KLJKO\�RI�WKH�IDFLOLWLHV�DQG�WKH� support they received. The staff team is highly skilled, with many staff members having a breadth of H[SHULHQFH�LQ�VRFLDO�FDUH�DQG�DVVRFLDWHG�UROHV�¶ OFSTED Inspector 2022

Daffodil Family Centre, our parenting assessment centre, has been busy ever since opening in February 2020. Now that this particular centre has been in operation for 2.5 years, it is really important to mention that 100% of our decisions on families are upheld in court.

In August we commenced a voluntary partnership outreach project working on the streets to support women who are sexually exploited. Alongside this, we have been working with Serio, a research organisation based DW�WKH�8QLYHUVLW\�RI�3O\PRXWK�WR�SURGXFH�D�UHSRUW�DQG�KRVW�D�ZHELQDU�ODWHU�WKLV�\HDU�WLWOHG�µ,Q�2XU�:RUGV�� ,PSURYLQJ�([LW�3DWKZD\V�IRU�3URVWLWXWHG�:RPHQ¶��$OUHDG\�RXU�ZRUN�LV�KLJKOLJKWLQJ�Lssues and service gaps across the city.

Housing is a fundamental problem in Plymouth; although hostels are seen by the women as being valuable emergency accommodation, they feel that the environment is not always appropriate due to being housed with other people engaged in substance misuse and in most cases in mixed hostels amongst high-risk men. What is becoming apparent is that women-only accommodation is now more vital than ever. We believe this will become a key focus for us as we move into our next financial year.

Over the past 12 months we have been cited in the media ± both national and local - on numerous occasions.

In November 2021, we launched an art installation as part of the 16 days of activism against gender-based ± violence. The installation involved 108 pairs of black shoes each pair representing the life of a woman who had been murdered by a man in 2020. It promoted a lot of discussion and has been on tour at various venues ever since.

2XU�-DVPLQH�0RWKHU¶V�5HFRYHU\�ZDV�DOVR�FLWHG�LQ a national report and in many national news articles as an alternative to prisons for pregnant women. Six hundred pregnant women enter a prison every year in the UK and about a hundred babies are born inside despite the fact that the prison environment may pose particular risks for pregnant women and unborn children. It is well established that women rarely commit violent crimes RU�SRVH�DQ\�GDQJHU�WR�VRFLHW\���+RZHYHU��GHVSLWH�WKLV��WKH�ZRPHQ¶V�SULVRQ�SRSXODWLRQ�LQ�(QJODQG�DQG�:DOHV� more than doubled between 1995 and 2010 ± from under 2,000 women to over 4,000. The UK is characterised as having one of the highest rates of imprisonment for women in Western Europe. Our Jasmine

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

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OUR IMPACT

Trevi has supported over 700 women this year with our services.

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Ofsted Good Provider ± our Jasmine Nursery is rated by Ofsted.

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Sunflower has delivered:

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Over the past year, Sunflower Seeds has:

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Daffodil Family Centre

All of our assessment recommendations at Daffodil have been upheld in court, including those where we have made a recommendation for parent and child to remain together and the Local Authority have not agreed.

This means that our assessments success is currently 100%.

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Our Daffodil FamLO\�&HQWUH�KDV�DFKLHYHG�D�µ*22'¶�2IVWHG�UDWLQJ�RQ�LWV�ILUVW�LQVSHFWLRQ�VLQFH�RSHQLQJ�LQ������

Pause Plymouth

In 2020/2021 Pause Plymouth reached 64 women. Combined, the number of children they had removed was 203. The outcomes for women involved with our Pause practice include:

µ:KHQ�,�ILUVW�PHW�3DXVH�,�ZDV�GHVSHUDWH�WR�FKDQJH�P\�OLIH��2QH�RI�WKH�ILUVW�WKLQJV�,�DVNHG�IRU�KHOS�ZLWK�ZDV�WR� get a safe contraceptive, I was too chaotic to sort it myself. Pause has been the support that my family ZDVQ¶W�¶

FUNDRAISING SUPPORT & COMMUNICATIONS

Everything we do here at Trevi is thanks to the wonderful staff, individuals and organisations who support us.

Thank you to every individual who raised funds for Trevi, got involved in social campaigns or who gave their expertise or time to us. Your compassion and generosity in supporting our work is invaluable.

Total raised £1,063,400

Grants & Trusts

Thank you to the trusts and grant-making organisations who have enabled us to expand our services and reach the most isolated women in the South West and do more to support women in recovery over the last \HDU��,W�LV�RQO\�ZLWK�\RXU�JHQHURVLW\�DQG�VXSSRUW�WKDW�ZH¶UH�DEOH�WR�PDNH�WKH�GLIIHUHQFH�WKDW�ZH�GR�

Tampon Tax Fund

We were awarded almRVW����������LQ�IXQGLQJ�DV�D�VKDUH�RI�WKH�*RYHUQPHQW¶V��������PLOOLRQ�7DPSRQ�7D[� Fund to deliver a large partnership project called Spark, that aims to prevent women with multiple disadvantages from being affected by domestic violence and abuse.

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Others

x Cayzer £6,666

An amazing donation from the Cayzer Trust, we are grateful to the Trust for their ongoing support particularly during the pandemic.

x Segelman £90,000

Segelman are donating £30,000 for 3 years which will be used to fund our 6XQIORZHU�:RPHQ¶V�&HQWUH�

x Heydown Trust £3,000

We are so grateful for the kind-hearted continued support we receive from the Heydown Trust.

x OPCC £5,000

This money will fund a Sunflower Practitioner to work closely with women and local communities to reduce anti-social behaviour.

x Garfield Weston Foundation £30,000

After a capital grant in 2019, we were delighted when the Garfield Weston decided to fund the running costs RI�RXU�6XQIORZHU�:RPHQ¶V�&HQWUH�DW���������SHU�DQQXP�

Social Impact

We significantly increased our social media followers:

Media Impact

We secured significant media attention, including social influencers and mainstream press:

Campaigns & Events

We were aware that many physical events have been halted during the pandemic but we were delighted to be able to run some online events and campaigns which generated success both in terms of fundraising and awareness.

x The Big Give Christmas Campaign

Our Big Give Christmas campaign formed part of a UK initiative to raise funds. We introduced Michelle, an ex-UHVLGHQW�RI�RXU�-DVPLQH�0RWKHU¶V�5HFovery residential centre who shared her emotive story through an amazing video. We raised £10,000 which supported our Life Begins Fund. This vital fund allows sponsored placements at our residential rehabilitation centre for women affected by domestic abuse and substance ± ± misuse and support to access our wrap-around, therapeutic interventions such as counselling and training DW�RXU�6XQIORZHU�:RPHQ¶V�&HQWUH�LQ�WKH�FRPPXQLW\�

x Sheroes

Our Shero campaign focused on recognising and celebrating women for social, economic, cultural and SROLWLFDO�DFKLHYHPHQWV�DV�SDUW�RI�,QWHUQDWLRQDO�:RPHQ¶V�'D\���7KH�FDPSDLJQ�KDV�D�JUHDW�IROORZLQJ�UDLVLQJ over £5,000. The social response was fantastic. The campaign now forms part of our yearly strategy for fundraising.

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

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x Raise n Shave

A brand new Trevi initiative and a very simple concept, we asked for individuals to be brave and shave to raise funds. We collected a total of £5,000 and what fun we had!

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$V�D�ZRPHQ¶V�FKDULW\�ZH�ZDQW�WR�UHSUHVHQW�RXU�ZRPHQ�DQG�WKHLU�LQWHUHVWV��:LWK�WKLV�LQ�PLQG��µ3LQN�+DLU�'RQ¶W &DUH¶�FDPSDLJQ�KDV�EHHQ�FUHDWHG��,W�KDV�GHYHORSHG�IURP�SLQN�KDLU�WR�SLQN�EDNHV�WR�SLQN�SDGGOH�ERDUGLQJ� There really had something for everyone and we raised over £1,000.

x Mental Health Awareness Week

Wow what a week this was! We invited female influential bloggers and influencers to use our Instagram page to raise awareness of how important our mental health is and the practical steps we can take to ensure its wellbeing. This event was a huge success in growing our social media reach to be able to spread our core messages.

Communications & Media

Raising awareness around the work we do is paramount to our success. The campaigns and community events we do are supported by our media and communications strategy and we are delighted at the success over the last year.

Our staff

We remain humbled by our brilliant staff team at Trevi, who continue to step up to the challenge and go above and beyond to ensure our vital services reach those women who most need them. To our Board of Trustees, whose individual skills and professional experience provide invaluable support to both the staff and resident families of Trevi.

FINANCIAL REVIEW

During the year ended 31 March 2022, the Charity received total income of £2,894k (2020/21 £2,407k) and incurred total expenditure of £2,597k (2020/21 £2,018k). The excess of income over expenditure for the year was £296k (2020/21 £389k). This result will help us to reach our target level of reserves and an improved, more secure financial position.

2XU�-DVPLQH�0RWKHU¶V�5HFRYHU\�DQG�'DIIRGLO�)DPLO\�&HQWUH�UHVLGHQWLDO�VHUYLFHV�SHUIRUPHG�ZHOO�DQG exceeded budgeted occupancy despite the ongoing challenges posed by the pandemic. Income for these services is charged to local authorities based on the amount of time spent by each resident family under our care. Consequently, our income is directly dependent on occupancy levels achieved. Our running costs, however, are relatively fixed with our largest cost being staff costs.

2XU�6XQIORZHU�:RPHQ¶V�&HQWUH�LV�IXQGHG�E\�VSHFLILF�JUDQW�IXQGV�DORQJVLGH�UHYHQXH�DFKLHYHG�IRU�WUDLQLQJ� This year we were fortunate to be awarded funding of £897k for the Spark project.

Page 10

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

The CKDULW\¶V�NH\�SHUIRUPDQFH�LQGLFDWRUV�DUH�VXPPDULVHG�EHORZ�

Outcome Target
CY CY
Occupancy±Jasmine 76% 60%
Occupancy - Daffodil 88% 80%

Our liquidity remains healthy with year-end cash reserves of £808k.

Our thanks go to the following organisations who have provided a grant in the past year:

Comic Relief Tudor Trust Children in Need Speedy Fix BD Diagnostics DCMS ± Tampon Tax Fund Cayzer Trust Foot Anstey Albert Casanova Ballard Deceased Trust Arnold Clark Segelman Trust Big Give Heydown Trust Devon Community Foundation St Matthias Church OPCC Garfield Weston Foundation Coop Rank Foundation National Lottery Community Fund Local Councillors 29[th] May 1961 Charitable Trust

Page 11

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Our Fundraising Practices

Trevi has a small fundraising and marketing team of 1.32 FTE.

RESERVES POLICY

At the year end the Charity had total reserves of £1,522k which comprised:

The Trustees aim to hold unrestricted reserves representing three months running costs and based on unrestricted expenditure to March 2022 this amounts to £479k. Unrestricted reserves are currently below the target level, but the Trustees aim to achieve the three month target over the next two years and have an ambition to grow these reserves to six months running costs within the next five years.

The Trustees will continue to regularly monitor and review the effectiveness of this policy and the CKDULW\¶V level of reserves to ensure they are appropriate for the CKDULW\¶V�DFWLYLWLHV��WKH�HFRQRPLF�FOLPDWH��DQG�RWKHU� key risks.

The Trustees are satisfied with the current level of the Charity's unrestricted reserves.

Page 12

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Going concern

The Trustees have reviewed the circumstances of the Charity and consider that adequate resources continue to be available to fund the activities of the Charity for the foreseeable future. The Trustees are of the view that Trevi is a going concern.

Plans for future periods

The Charity has identified the following areas as the key aspects of future plans to be pursued during the next financial year:

1. Supporting & developing our people

Our strongest asset is our team

± Trevi will attract and retain great people at all levels of our organisation especially to business-critical posts.

We will improve the terms and conditions of employment, employee well-being and opportunities for staff recognition.

We will value difference and be proactive in our approach to inclusion.

We will ensure development opportunities for staff and volunteers, including Trustees, utilising supervision, training and appraisals.

2. Consolidation after growth

After a period of organisational growth, we will ensure that the infrastructure within Trevi is shored up to withstand any future developments.

We will ensure that we build upon best practice that we have implemented during the pandemic, in terms of digital developments and working practices.

We will keep our values at the heart of our practice and thinking.

We will continue to improve our governance mechanisms.

3. Future Sustainability We will maintain target occupancy within our residential homes.

We will continue to explore opportunities to reduce our reliance upon grants, such as building individual giving.

We will explore alternative income streams and potential trading opportunities.

We will maintain target occupancy within our residential homes.

4. Safe spaces for women and their families We will keep children safe.

We will ensure that our residential homes meet and exceed the requirement of CQC and Ofsted.

:H�ZLOO�FRQWLQXH�WR�H[SORUH�DOWHUQDWLYH�RSSRUWXQLWLHV�IRU�SURYLGLQJ�ZRPHQ¶V�DFFRPPRGDWLRQ��

5. Learning and improving We will learn from the people that we support.

We will ensure the effective use of key systems (Greenshoots / Upshot / Breathe) for monitoring, evaluation and learning and improvement.

We will understand our Impact.

Page 13

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Communication is key

We will continue to develop our external and internal communications, ensuring clear and consistent messaging; we will shine a light on issues affecting women and we will amplify the voices of the women we support.

RISK MANAGEMENT

The principal risks faced by the Charity are:

The Trustees have a risk management strategy which comprises:

INVESTMENT POLICY

The Charity operates a low-risk approach to the investment of funds. Funds are currently held in an interestbearing deposit account. In the future the Trustees aim to split the funds over a variety of bank accounts to keep within the Financial Services Compensation Scheme limit of £85k.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Trevi Women Limited is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 14 November 1998. It is registered as a charity with the Charity Commission.

Trevi Women was previously known as Trevi House until a rebrand was carried out in 2020 to reflect the increased service.

Details of the Trustees who served throughout the year are included in the Reference and Administration Details on page 1.

*0HPEHUV¶�OLDELOLW*

Each member of the Charity undertakes to contribute to the assets of the company. In the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £10, for the debts and liabilities contracted before they cease to be a member.

Method of recruitment and appointment or election of Trustees

As set out in the Articles of Association, the Chair of the trustees can be nominated by any other Board member. New Trustees are appointed by existing Trustees and the members of the Charity.

When appointing new Trustees, the Board will give consideration to the skills and experience mix of existing Trustees in order to ensure that the Board has the necessary skills to contribute fully to the Charity's development. New trustees may be sought by open advertisement or through existing members.

Page 14

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

75867((6¶�5(3257 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

The training and induction provided for new Trustees will depend upon their existing experience but would always include a tour of the Charity and a chance to meet other staff. All Trustees are provided with copies of policies, procedures, minutes, accounts, budgets, plans and other documents that they will need to undertake their role as Trustees. As there are normally only two or three new Trustees a year, induction tends to be done informally and is tailored specifically to the individual. Advantage is taken of specific courses offered by the Local Authority and other bodies.

Organisational Structure

The Board of Trustees normally meets once every two months. The Board establishes an overall framework for the governance of the Charity and determines membership, terms of reference and procedures of Committees and other groups. It receives reports, including policies from its committees for ratification. It monitors the activities of the committees through the minutes of their meetings. The Board may from time to time establish working groups to perform specific tasks over a limited timescale.

There are two committees as follows;

The Trustees are responsible for setting general policy, adopting an annual plan and budget, approving the statutory accounts, monitoring charity by the use of budgets and other data, and making major decisions about the direction of the Charity.

Key management personnel

The Trustees and Board of Trustees have devolved responsibility for day-to-day management of the Charity to the CEO and senior management team. The SMT implement the policies laid down by the Trustees and report back to them on performance.

Related Parties and other Connected Charities and Organisations

None of our Trustees receive remuneration or other benefit from their work with the Charity.

Funds held as custodian trustee on behalf of others

The Charity and its Trustees do not act as the Custodian Trustees of any other charity.

7KH�7UXVWHHV¶�5HSRUW��LQFRUSRUDWLQJ�D�VWUDWHJLF�UHSRUW��ZDV�DSSURYHG�E\�RUGHU�RI�WKH�%RDUG�RI�7UXVWHHV, as the company directors and signed on its behalf by:

Mrs G Connelly

(Chair of Trustees)

Mrs SE Dangar

(Chair of Trustees)

Date:

Page 15

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2022

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the Board of Trustees and signed on its behalf by:

Mrs G Connelly (Chair of Trustees) Date:

Mrs S E Dangar (Chair of Trustees)

Page 16

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF TREVI WOMEN LTD

OPINION

We have audited the financial statements of Trevi Women Ltd (the 'charity') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

OTHER INFORMATION

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, 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 statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 17

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF TREVI WOMEN LTD (CONTINUED)

OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken in the course of the audit:

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

AUDITORS' RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Page 18

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF TREVI WOMEN LTD (CONTINUED)

As a result of these procedures, we have considered the opportunities and incentives that may exist within the Charity for fraud and identified the highest area of risk to be in relation to income recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We have also obtained an understanding of the legal and regulatory frameworks that the Charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the Charities Act 2011, Charity SORP 2019, UK Companies Act, FRS102, Ofsted, safeguarding, Care Quality Commission and the terms and conditions attaching to material grants received by the Charity.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the Charity’s ability to operate or avoid a material penalty. These included fundraising regulations, data protection legislation, health and safety regulations, and employment legislation.

Our procedures to respond to risks identified included the following:

We also communicated identified laws and regulations and potential fraud to all members of the engagement team and remained alert to possible indicators of fraud or non-compliance with laws and regulations throughout the audit.

As a result of the inherent limitations of an audit, there is a risk that not all irregularities, including a material misstatement in the financial statements or non-compliance with regulation, will be detected by us. This risk increases the further removed compliance with a law or regulation is from the events and transactions reflected in the financial statements, given we will be less likely to be aware of it, or should the irregularity occur as a result of fraud rather than a one-off error, as this may involve intentional concealment, forgery, collusion, omissions, or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 19

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF TREVI WOMEN LTD (CONTINUED)

USE OF OUR REPORT

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Pamela Tuckett FCA DChA (Senior Statutory Auditor)

for and on behalf of Bishop Fleming LLP Chartered Accountants Statutory Auditors Salt Quay House 4 North East Quay Sutton Harbour Plymouth PL4 0BN

Date:

Page 20

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

Note
INCOME FROM:
Donations and legacies
4
Charitable activities
5
Investments
6
TOTAL INCOME
EXPENDITURE ON:
Raising funds
7
Charitable activities
8
TOTAL EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
Net movement in funds
TOTAL FUNDS CARRIED FORWARD		 Restricted
funds
2022
£
25,194
604,617
-
629,811
-
680,866
680,866
(51,055)
739,786
(51,055)
688,731		 Unrestricted
funds
2022
£
63,783
2,200,029
43
2,263,855
26,138
1,890,244
1,916,382
347,473
485,829
347,473
833,302		 Total
funds
2022
£
88,977
2,804,646
43
2,893,666
26,138
2,571,110
2,597,248
296,418
1,225,615
296,418
1,522,033		 Total
funds
2021
£
316,209
2,090,967
104
2,407,280
22,413
1,995,861
2,018,274
389,006
836,609
389,006
1,225,615

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 24 to 42 form part of these financial statements.

Page 21

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE) REGISTERED NUMBER:03719502

BALANCE SHEET AS AT 31 MARCH 2022

Note
FIXED ASSETS
Tangible assets
13
CURRENT ASSETS
Debtors
14
Cash at bank and in hand
21
Creditors: amounts falling due within one
year
15
NET CURRENT ASSETS
Creditors: amounts falling due after more
than one year
16
TOTAL NET ASSETS
CHARITY FUNDS
Restricted funds
17
Unrestricted funds
17
TOTAL FUNDS		 326,086
808,060
1,134,146
(287,874)		 2022
£
675,761
846,272
-
1,522,033
688,731
833,302
1,522,033		 326,467
581,833
908,300
(215,747)		 2021
£
662,927
692,553
(129,865)
1,225,615
739,786
485,829
1,225,615

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Mrs G Connelly (Chair of Trustees) Date:

Mrs S E Dangar (Chair of Trustees)

The notes on pages 24 to 42 form part of these financial statements.

Page 22

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022

Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash from operating activities
20
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received
Purchase of tangible fixed assets
NET CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of borrowing
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES
CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR
Cash and cash equivalents at the beginning of the year
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR
21
The notes on pages 24 to 42 form part of these financial statements		 2022
£
429,539
43
(63,355)
(63,312)
(140,000)
(140,000)
226,227
581,833
808,060		 2021
£
352,938
104
(65,528)
(65,424)
(657)
(657)
286,857
294,976
581,833

Page 23

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. GENERAL INFORMATION

The Charity is a company limited by guarantee. The members of the Charity are the Trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the Charity.

The Charity was incorporated in the United Kingdom. Details regarding the Charity's information can be seen on the Charity information page.

2. ACCOUNTING POLICIES

2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Trevi Women Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 GOING CONCERN

The Trustees have reviewed the circumstances of the Charity and consider that there are adequate resources to continue its operations for the foreseeable future. As a result, the Trustees have continued to adopt the going concern basis of accounting in preparing the financial statements.

2.3 INCOME

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.4 EXPENDITURE

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Page 24

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES (continued)

2.4 EXPENDITURE (CONTINUED)

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

2.5 GOVERNMENT GRANTS

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of Financial Activities as the related expenditure is incurred.

2.6 INTEREST RECEIVABLE

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.7 TANGIBLE FIXED ASSETS AND DEPRECIATION

Tangible fixed assets costing £600 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following bases:

Freehold property - 50 years
Leasehold improvements - 5 years
Motor vehicles - 4 years
Fixtures and fittings - 3 to 7 years

2.8 DEBTORS

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 25

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES (continued)

2.9 CASH AT BANK AND IN HAND

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 LIABILITIES AND PROVISIONS

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.11 FINANCIAL INSTRUMENTS

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 OPERATING LEASES

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the lease term.

2.13 PENSIONS

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.14 FUND ACCOUNTING

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 26

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

3. CRITICAL ACCOUNTING ESTIMATES AND AREAS OF JUDGEMENT

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

Critical areas of judgement:

The useful life of fixed assets is a key area of judgement for the Charity.

4. INCOME FROM DONATIONS AND LEGACIES

Donations
COVID-19 grants
Donations
COVID-19 grants		 Restricted
funds
2022
Unrestricted
funds
2022
£
£
2,042
63,783
23,152
-
25,194
63,783
Restricted
funds
2021
Unrestricted
funds
2021
£
£
-
43,660
272,549
-
272,549
43,660		 Total
funds
2022
£
65,825
23,152
88,977
Total
funds
2021
£
43,660
272,549
316,209

Page 27

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

5. INCOME FROM CHARITABLE ACTIVITIES

PAUSE services
Charges for residential rehabilitation services
Parenting assessment work
Educational services
Other income
Grant income
PAUSE services
Charges for residential rehabilitation services
Parenting assessment work
Educational services
Other income
Grant income		 Restricted
funds
2022
Unrestricted
funds
2022
£
£
-
348,120
-
888,618
-
831,921
-
49,335
-
22,335
604,617
59,700
604,617
2,200,029
Restricted
funds
2021
Unrestricted
funds
2021
£
£
-
280,614
-
625,014
-
711,575
-
85,146
-
44,259
330,560
13,799
330,560
1,760,407		 Total
funds
2022
£
348,120
888,618
831,921
49,335
22,335
664,317
2,804,646
Total
funds
2021
£
280,614
625,014
711,575
85,146
44,259
344,359
2,090,967

6. INVESTMENT INCOME

Unrestricted Total
funds funds
2022 2022
£ £
Interest received 43 43

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TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

6. INVESTMENT INCOME (CONTINUED)

Unrestricted Total
funds funds
2021 2021
£ £
Interest received 104 104

7. EXPENDITURE ON RAISING FUNDS

FUNDRAISING TRADING EXPENSES

Unrestricted Total
funds funds
2022 2022
£ £
Fundraising 26,138 26,138

Page 29

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

7. EXPENDITURE ON RAISING FUNDS (CONTINUED) FUNDRAISING TRADING EXPENSES (CONTINUED)

Unrestricted Total
funds funds
2021 2021
£ £
Fundraising 22,413 22,413

8. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

SUMMARY BY FUND TYPE

Charitable activities
Charitable activities
ANALYSIS OF EXPENDITURE BY ACTIVITY
Charitable activities		 Restricted
funds
2022
Unrestricted
funds
2022
£
£
680,866
1,890,244
Restricted
funds
2021
Unrestricted
funds
2021
£
£
503,209
1,492,652
Activities
undertaken
directly
2022
Support
costs
2022
£
£
2,338,231
232,879		 Total
funds
2022
£
2,571,110
Total
funds
2021
£
1,995,861
Total
funds
2022
£
2,571,110

9. ANALYSIS OF EXPENDITURE BY ACTIVITY

Page 30

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

9. ANALYSIS OF EXPENDITURE BY ACTIVITY (CONTINUED)

Activities
undertaken
directly
2021
£
Charitable activities
1,840,024
Analysis of support costs
Staff costs
Depreciation
Other staff costs
Administration costs
Legal and professional fees
Insurance costs
Maintenance costs
Financial costs
Accountancy and payroll fees
Governance costs
10.
AUDITORS' REMUNERATION
Fees payable to the Charity's auditor for the audit of the Charity's annual
accounts
Fees payable to the Charity's auditor in respect of:
Preparation of the statutory financial statements		 Support
costs
2021
£
155,837
Total
funds
2022
£
168,328
477
13,175
8,911
7,787
13,780
653
1,734
5,794
12,240
232,879
2022
£
10,404
1,836		 Total
funds
2021
£
1,995,861
Total
funds
2021
£
117,174
-
-
8,780
9,408
11,316
-
1,934
2,245
4,980
155,837
2021
£
4,980
-

Page 31

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

11. STAFF COSTS

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2022
£
1,592,632
117,593
23,082
1,733,307		 2021
£
1,288,128
98,327
19,946
1,406,401

The average number of persons employed by the Charity during the year was as follows:

Management & Admin
Jasmine
Daffodil
Sunflower
Pause		 2022
No.
6
30
17
17
7
77		 2021
No.
6
27
14
14
6
67

No employee received remuneration amounting to more than £60,000 in either year.

The total amount of employee benefits (including employer pension contributions) received by the key management personnel was £367,185 (2021: £279,525).

12. TRUSTEES' REMUNERATION AND EXPENSES

During the year, no Trustees received any remuneration or other benefits (2021: £Nil).

During the year ended 31 March 2022, expenses totalling £50 were reimbursed or paid directly to 1 Trustee (2021: £Nil to 0 Trustees). This was for reimbursement of costs incurred where a purchase was made on behalf of the Charity.

Page 32

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

13. TANGIBLE FIXED ASSETS

COST
At 1 April 2021
Additions
Disposals
At 31 March 2022
DEPRECIATION
At 1 April 2021
Charge for the year
On disposals
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021		 Freehold
property
£
566,824
-
-
566,824
16,642
7,850
-
24,492
542,332
550,182		 Leasehold
improvements
£
23,558
16,133
-
39,691
4,510
3,869
-
8,379
31,312
19,048		 Motor
vehicles
£
19,969
14,995
(19,969)
14,995
19,876
695
(19,946)
625
14,370
93		 Fixtures and
fittings
£
188,366
32,227
-
220,593
94,762
38,084
-
132,846
87,747
93,604		 Total
£
798,717
63,355
(19,969)
842,103
135,790
50,498
(19,946)
166,342
675,761
662,927

The motor vehicle is used for direct charitable purposes in the operation of the Charity.

Within freehold property is a property funded by restricted grant income from the Ministry of Justice (MOJ). As part of the terms and conditions of this grant income, if the Charity sell the property within 10 years of receipt of the grant, a proportion of sale proceeds will be payable to the MOJ.

Page 33

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

14. DEBTORS

DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income		 2022
£
259,296
1,650
65,140
326,086		 2021
£
292,097
162
34,208
326,467

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other loans
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 2022
£
-
129,277
34,113
50,093
74,391
287,874		 2021
£
10,135
63,936
29,843
92,376
19,457
215,747

16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022 2021
£ £
Other loans - 129,865

Page 34

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

17. STATEMENT OF FUNDS

STATEMENT OF FUNDS - CURRENT YEAR

UNRESTRICTED FUNDS
DESIGNATED FUNDS
Income reserve
Staff reserve
Capital reserve
Vehicle reserve
Segelman fund
GENERAL FUNDS
General funds
TOTAL UNRESTRICTED
FUNDS		 Balance at 1
April 2021
£
100,000
20,000
30,000
-
-
150,000
335,829
485,829		 Income
£
-
-
-
-
-
-
2,263,855
2,263,855		 Expenditure
£
-
-
-
-
-
-
(1,916,382)
(1,916,382)		 Transfers
in/out
£
100,000
80,000
90,000
20,000
30,000
320,000
(320,000)
-		 Balance at
31 March
2022
£
200,000
100,000
120,000
20,000
30,000
470,000
363,302
833,302

Page 35

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

17. Statement of funds (continued)

RESTRICTED FUNDS
Discovery Lodge
29 Sutherland Road
Restricted Fixed Asset Funds
Garfield Weston
BBC Children in Need
Homeless Link
Rank Foundation
Comic Relief & the Masonic
Charitable Fund
Various COVID Recovery
Domestic Abuse Leadership
Morrisons Sensory Room
Daffodil Access
DIY SOS Project
Petroc
Tampon Tax
Ministry of Justice
Safer Streets
Tudor Trust
Other Restricted Funds
TOTAL OF FUNDS		 Balance at 1
April 2021
£
4,108
550,182
48,201
-
1,650
4,218
7,627
7,516
67,409
6,000
1,772
11,200
8,661
6,131
-
-
-
15,111
-
739,786
1,225,615		 Income
£
-
-
-
30,000
9,650
-
34,894
61,353
25,194
-
-
(10,000)
-
19,941
306,621
74,973
36,185
-
41,000
629,811
2,893,666		 Expenditure
£
(1,698)
(7,849)
(10,461)
-
(11,300)
(4,218)
(15,469)
(65,867)
(79,665)
-
-
-
(6,258)
(28,905)
(306,621)
(74,973)
(36,185)
(15,111)
(16,286)
(680,866)
(2,597,248)		 Transfers
in/out
£
-
-
1,772
-
-
-
-
-
-
-
(1,772)
-
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2022
£
2,410
542,333
39,512
30,000
-
-
27,052
3,002
12,938
6,000
-
1,200
2,403
(2,833)
-
-
-
-
24,714
688,731
1,522,033

Page 36

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

17. Statement of funds (continued)

DESIGNATED FUNDS

Income reserve - funds to cover expenditure commitments should there be fluctuations in income.

Staff reserve - funds to cover staff training and potential redundancy costs.

Capital reserve - funds to cover the replacement of capital items and significant building costs.

Vehicle reserve - funds to cover the costs of an additional vehicle at the Jasmine site.

Segelman fund - funds donated which have been designated for Sunflower's core running costs to be carried forward to the financial year 2022/23.

RESTRICTED FUNDS

Capital Restricted Funds

Discovery Lodge - funds to site a wooden lodge on the Charity's premises for use in delivering the Charity's services.

29 Sutherland Road - funds provided as capital grants towards the purchase of new premises for the Charity.

Restricted Fixed Asset Fund - funds representing restricted fixed assets held by the Charity, with a net book value of £58,010 at the year end.

Revenue Restricted Funds

Garfield Weston - funds received to support Sunflower's general running costs.

BBC Children in Need - funds to cover specific specific attachment staff costs and minor equipment purchases.

Homeless Link - funds towards work that aims to end women's' homelessness.

Rank Foundation - funds for a fundraising intern.

Comic Relief & the Masonic Charitable Fund - funds received for the Sunflower Seeds project.

Various COVID Recovery - funds received to help the Charity recover from the impact of COVID-19.

Domestic Abuse Leadership - funds received from Plymouth City Council for the Charity's domestic abuse leadership work.

Clothworkers Foundation - funds towards the Sunflower digitisation.

Morrisons Sensory Room - funds received for a sensory room for Jasmine.

Daffodil Access - funds to improve disabled people's access to the Daffodil site.

DIY SOS Project - funds received for work on Jasmine.

Petroc - funds received for the Grow Project. The fund is in deficit due to the timing of receipts.

Tampon Tax - funds received for the Sparks project to prevent violence and abuse against women.

Page 37

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

17. Statement of funds (continued)

Ministry of Justice - funds received to support Sunflower's core running costs.

Safer Streets - funds received for outreach support with sex workers.

Tudor Trust - funds to support the development of sustainable sources of funding throughout the organisation, primarily by appointing a Business Support Officer.

Other restricted grants - cumulative pot of restricted funds received.

STATEMENT OF FUNDS - PRIOR YEAR

UNRESTRICTED FUNDS
DESIGNATED FUNDS
Income reserve
Staff reserve
Capital reserve
GENERAL FUNDS
General funds
TOTAL UNRESTRICTED
FUNDS		 Balance at
1 April 2020
£
-
-
-
-
181,047
181,047		 Income
£
-
-
-
-
1,804,171
1,804,171		 Expenditure
£
-
-
-
-
(1,515,065)
(1,515,065)		 Transfers
in/out
£
100,000
20,000
30,000
150,000
(134,324)
15,676		 Balance at
31 March
2021
£
100,000
20,000
30,000
150,000
335,829
485,829

Page 38

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

17. Statement of funds (continued)

RESTRICTED FUNDS
Discovery Lodge
29 Sutherland Road
Restricted Fixed Asset Funds
BBC Children in Need
Homeless Link
Rank Foundation
Comic Relief & the Masonic
Charitable Fund
Various COVID Recovery
Domestic Abuse Leadership
Clothworkers Equipment
Morrisons Sensory Room
Daffodil Access
DIY SOS Project
Petroc
Tudor Trust
TOTAL OF FUNDS		 Balance at
1 April 2020
£
4,832
573,707
-
1,600
23,206
6,783
29,856
-
-
-
-
-
-
-
15,578
655,562
836,609		 Income
£
-
-
-
19,250
-
20,885
52,288
419,794
6,000
3,800
10,000
11,200
28,051
9,991
21,850
603,109
2,407,280		 Expenditure
£
(724)
(7,849)
(2,950)
(19,200)
(18,988)
(20,041)
(61,507)
(343,497)
-
(861)
-
-
(2,853)
(2,422)
(22,317)
(503,209)
(2,018,274)		 Transfers
in/out
£
-
(15,676)
51,151
-
-
-
(13,121)
(8,888)
-
(2,939)
(8,228)
-
(16,537)
(1,438)
-
(15,676)
-		 Balance at
31 March
2021
£
4,108
550,182
48,201
1,650
4,218
7,627
7,516
67,409
6,000
-
1,772
11,200
8,661
6,131
15,111
739,786
1,225,615

18. SUMMARY OF FUNDS SUMMARY OF FUNDS - CURRENT YEAR

Designated funds
General funds
Restricted funds		 Balance at 1
April 2021
£
150,000
335,829
739,786
1,225,615		 Income
£
-
2,263,855
629,811
2,893,666		 Expenditure
£
-
(1,916,382)
(680,866)
(2,597,248)		 Transfers
in/out
£
320,000
(320,000)
-
-		 Balance at
31 March
2022
£
470,000
363,302
688,731
1,522,033

Page 39

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

18. Summary of funds (continued)

SUMMARY OF FUNDS - PRIOR YEAR

Designated funds
General funds
Restricted funds		 Balance at
1 April 2020
£
-
181,047
655,562
836,609		 Income
£
-
1,804,171
603,109
2,407,280		 Expenditure
£
-
(1,515,065)
(503,209)
(2,018,274)		 Transfers
in/out
£
150,000
(134,324)
(15,676)
-		 Balance at
31 March
2021
£
150,000
335,829
739,786
1,225,615

19. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Tangible fixed assets
Current assets
Creditors due within one year
TOTAL		 Restricted
funds
2022
Unrestricted
funds
2022
£
£
584,255
91,506
119,580
1,014,566
(15,104)
(272,770)
688,731
833,302		 Total
funds
2022
£
675,761
1,134,146
(287,874)
1,522,033

ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
TOTAL		 Restricted
funds
2021
£
602,488
137,298
-
-
739,786		 Unrestricted
funds
2021
£
60,439
771,002
(215,747)
(129,865)
485,829		 Total
funds
2021
£
662,927
908,300
(215,747)
(129,865)
1,225,615

Page 40

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

20.
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW
ACTIVITIES
Net income for the year (as per Statement of Financial Activities)
ADJUSTMENTS FOR:
Depreciation charges
Dividends, interests and rents from investments
Loss on the sale of fixed assets
Decrease/(increase) in debtors
Increase in creditors
NET CASH PROVIDED BY OPERATING ACTIVITIES		 FROM OPERATING
2022
2021
£
£
296,418
389,006
50,498
22,680
(43)
(104)
23
-
381
(107,056)
82,262
48,412
429,539
352,938		 FROM OPERATING
2022
2021
£
£
296,418
389,006
50,498
22,680
(43)
(104)
23
-
381
(107,056)
82,262
48,412
429,539
352,938
22,680
(104)
-
(107,056)
48,412
352,938

21. ANALYSIS OF CASH AND CASH EQUIVALENTS

2022 2021
£ £
Cash in hand 808,060 581,833

22. ANALYSIS OF CHANGES IN DEBT

Cash at bank and in hand
Debt due within 1 year
Debt due after 1 year		 At 1 April
2021
£
581,833
(10,135)
(129,865)
441,833		 Cash flows
£
226,227
10,135
129,865
366,227		 At 31 March
2022
£
808,060
-
-
808,060

23. PENSION COMMITMENTS

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £23,082 (2021: £19,946) in the year. Contributions totalling £10,114 (2021: £8,871) were payable to the fund at the balance sheet date and are included in creditors.

Page 41

TREVI WOMEN LTD (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

24. OPERATING LEASE COMMITMENTS

At 31 March 2022 the Charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years		 2022
£
45,734
179,187
114,032
338,953		 2021
£
44,055
174,604
156,794
375,453

The following lease payments have been recognised as an expense in the Statement of Financial Activities:

2022 2021
£ £
Operating lease rentals 45,734 44,055

25. RELATED PARTY TRANSACTIONS

The Charity has not entered into any related party transactions during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 March 2022.

26. CONTROLLING PARTY

The Charity is controlled by the Trustees.

Page 42