Reglstered number: 02952198 Charity number: 1077863 SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED TRUSTEES, REPORT AND FINANCIAL STATEPaENTS FOR THE YEAR ENDED 31 MARCH 2024 WR Partners Protecting your future.
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantse) CONTENTS Page Referenco and administrative detalls of the Charlty, Its Trustees and advisers Trustees. r•port Independent auditors. report on the financlal statements Statement of financial actlvities 3-17 18-21 Balanc• sheet 23 Statement of cash flows 24 Notss to the financlal statements 25-42
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees E A Hepplewhite, Chair E Amfield (appointed 18 March 2024) E Bednall (resigned 1 July 2024) HABoffy S J M Loates (appointed 18 March 2024) A J Oldroyd (appointed 18 March 2024) S Panesar (resigned 3 January 2024) Company regist•red number 02952198 Charlty reglstered number 1077863 Principal Office and Regi8ter8d offlce Epos Hous8 263 Heage Road Ripley Derbyshire DE5 3GH Chief executlve officer S Goc#Jwin (retired 6 April 2023) R Morris (appointed 3 April 2023) Independent auditors WR Partners Chartered Accountants Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Bank•r5 Virgin Money 11 Smithy Row Nottingh8m NG13EJ CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling ME194JQ Cashplus PO Box 5525 Manchester M61 OQS Charity Bank Ltd Fosse House 182 High Street Tonbridg8 TN9 1BE Page 1
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED {A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Treasurer HABoffy Senlor Management Team R Morris, Chief Executive Officer (appointed 3 April 2023) L Freeman, Head of Operations Page 2
SV2- SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A ¢ompany Ilmltod by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the audited financial statements of the Charity for the year 1 April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees. report and a Directors, report under company law. The Twstees confimi that the Annual Report and financial statements of the charitable company comply with the cuent ststutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practi (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). sin the Charity qualffie5 as small under section 382 of the Cc¥npani88 Act 2006. the Strategic report required of medium and large companie5 under the Companies Act 2(X)6 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectives and actlvltles a. Policles and obJectlve8 The Charity's purpose as set out in the objects Gontsined in the Organisation's MemorarKJum of Assctiation is to.. help relieve the suffering and distress of persons who hwde been raped or sexually abused," and advance the education of the public in the subject of rape and sexual abuse and their effects. In setting objectives and planning for activities. the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefrt, including the guidance 'Public benefit: running charity (PB2)'. b. Strategles for achlevlng objeiveS The aims of the Charity, which fully reflect the purpose that the Charity was set up to further, ara; to reduce the impact of rape and sexual abuse on victims and their famili8S: to encourage reporting of rape and sexual abuse" to support victirns through the legal process," and to redu the incidence of rape and sexual abuse by raising awareness. The Charity's key message, which is promoted throughout SV2's work is that Sexual vlolence Slmply shouldn't exist and no one should deal with it alone. Whilst sexual abuse exists. we will be here to support and empower th8 victims, infomi the public and protect future generations. These are reflected in the Charity's Business Plan. Page 3
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limlted by guarantee) TRUSTEES, REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 Objectives and activities (continued) c. Activities undertaken to achieve objectives and further the Charity's purposes for the public benefit To achieve our objectives and deliver public benefit. the Charity delivers a range of support services to victims and survivors. This includes.. practical and emotional support in the aftemath of a sexual assault, whether or not the crime has been reported, frcm our experienced, independent sexual violence advisors (ISVAS) for both adults and children emotional support to deal with the imp8cts of trauma, whenever the abuse happened. from our accredited therapy service for people of all ages K)listic and alternative theraptes work to prevent sexual abuse and assault and reduce barriers to accessing support through our community and prevention services in education, health and social care and acr05S the private and voluntary sectors SV2 is governed by a Board of Trustees, which oversees the work of the Charity ensuring it is operating within the guidelines set by th8 Charity Commission. The Charity is recognised as an experienced provider of specialist 5eNices to victims of sexual violence across the city and county by ststutory agencies such as Derbyshire Constabulary, the Police & Crime Commissioner. local aLrthorrknes, as well as other charitable organisations. Reflecting our commitment to quality. our services are extemally accredited by Lime Culture (ISVA ChlSVA SeiCe) and the British AsSl8110n for Counselling and Psychotherapy {BACP), including our specialist work with children and young people. In November 2023 SV2 achieved Lime Culture Qualty Stsndards for Services Supporting Male Victims I Survivors of Sexual violen for our adult services and our main Sexual Abuse Awareness presentation also received CPD acueditation in January 2024. d. Social investment and grant-making policies The Charity dces not deliver social financial investment. nor does it make grants. e. Volunteers Currently, the organisation has 5 volunteers on the Board of Trustees. Students have also completed placements as part of a qualification in therapy or counselling. Plans for 2024r25 include progressing with the 'service user forum. who will also act as volunteers on appropriate projects. Page 4
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantse) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevements and performance a. Main achievements of the Charity and Key performance indicators The charity has seen a sustsined increase in activty. In 2023-2024 there yre.. 1,462 (1,461 previous year) open cases as at 1st April 2023. 2,748 (previous year 2,561) new referrals. This includes 476 duplicate referrals whh were allocated to the same case leading to 2,272 new cases created. 3,082 (previous year 2.022) cases closed during the same period. 1.128 c8 open on 1st April 2024. For those clients preferred in person support or where virtual support YS impossible. including very young children. this resulted in a backlog of cases and much longer waits than usual when we began offering in person support again following Covid. This vras largely resohied, with a return to more usual waits for support, M)wever due to high demand resulb.ng in increased referrals the waiting list was closed at the end of September 2023. In July 2024 we were able to review capacty and start to apt referrals for specifically for the Buxton The Charity's Senior Management Team remains well embedded in local strategic partnopJhip forums and enjoys positsve relationships with a number of statutory and non statutory agencies across the County. The Senior Management Team is active in the partnership structu$ in the County which meet the reqU1MentS of the national reviews and are working more closely with those across the voluntary, community and social enterprise sector. b. Revlew of actlvhles Counsellingrrherapy Services Long term, sustainable funding for therapeutic services, particularly for adutts, has been chall8nging throughout SV2's history. The ICB (Integrated Care Board). now fund SV2 directly to deliver adult therapy seNices. Funding continues from the Ministry of Justi for continuation of therapeutic services for all ages until March 2025. The waiting list grew viith demand. with over 203 adults and 164 children and young peq)le awaiting therapy on 1st April 2023. In Septemb8r 2023 the numbers were so high the waiting list was paused to new referrals. SV2 developed 'self-help' reSoUrS on their website and referred on to other ServIS where available and appropriate. The Charity continues to deliver a National Lottery Community Fund grant supporting people from the age of 14. The excellent work of the team arKI ongoing high levels of demand enabled the senior management team to demonstrate ongoing need for funding for specialist therapies. This will facilitate progres5 towards sustainable. statutory fvnding for these supports. The team were successful in an applrcat1l to Alstom's communty fund for a part time children's therapist to help reduce the waiting list. Therapy seniice5 are delivered remotely and face to face, some therapy clients continued to want to engage virtually. enabling the hybrid model we now work to. We are still able to offer holistic therapies including trauma informed yoga and Reiki. Si12's Children in Need funded art therapy sepiice for 0-13 year olds is always in high demand, and continuation funding was awarded in year. Pag8 5
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance (contlnued) The Charity is a sub contractor to the regional Paediatric SARC service provided by Nottingham Universtty Hospitals and provides up to 10 sessions of therapeutic support to children aged 17 and under. Since April 2023 SV2 have delivered Fast Track Therapy services to clients of the SARC in Derbyshire as a subcontractor. As a result of this successful service we were invited to deliver the same service to Nottingham SARC, the first time the charity has delivered services outside of Derbyshire. The Nottingham seplice started in October 2023 and is proving successful. SV2 vras able to complement all these SeNiS and enable self referrals from 14-17year olds by utilising Ministry of Justice funding. Ind•pendent Sexual Vlolence Advlsors (ISVAS) and Chlldren's Independent S•xual Violence Advtsors (ChlSVAs) The ISVAS and ChlSVAs provide practical and emotional support to anyone who has experienced sexual abuse, whether or not they have reported the crime to the police. The team provide support in person at one of our offices and in the community, especially in schools, alongside remote support. We offer a hybrid service which meets client needs best, the cost of living challenges mean most adults prefer remote support. SVAS continue to experience a slgnificant rise in complex cases and safeguarding with clients struggling to cope with the effects of their sexu81 assault or abuse whh is further impacted by court delays and adjoumments. In addition, Children's ISVAS continue to support a higher number of clients with neurodiversty, which requires a more integrated multi agency approach. SVAS also offer support through complex and demanding criminal Justi prOSeS, at court during a trial and in supporting claims for Criminal Injuries Compensation. The delays reported in our last report relating to the court system have continu8d to worsen, with some victims now waiting several years for their case to be heard. This has had a significant impa¢t on their health and wellbeing. The issue has been raised at local, regional and national level with the Police and Crime Commissioner, Ministry of Justice, Crown Prosecution Service and Her Majesty's Courts and Tribunal Service but no immediate solutions are available. During 2020 the Charity secured funding from the Ministry of Justice to dev81op an ISVA seprfice supporting the prison estate in Derbyshire at HMP Foston and HMP Sudbury. This was a proof of conpt pilot with funding for the post until March 2022 dependent UFon positive outcomes from the pilot, however this was extended to March 2025 due to several challenges around staffing There has since been a review of the pathway following consultation with prison residents and we are able to offer a self-referral pathway which has seen an increase in referrals. Derbyshire's Police and Crime Commissioner {PCC) together with Derbyshire County Council fund the County's ChlSVA and ISVA Se1$ which SV2 will continue to deliver through to March 2026 with th8 Option for further extensions. Prevention and Educatlon Servlces SV2 provides prevention and education work through two part time Learning & Development Officer posts. The Leaming and Development Officers and the Community Development Officer were not funded by the OPCC until 1st September 2022. The Leaming and Development posts have been developing and delivering training and awareness sessions to a range of multi agency professionals as set out in the tsble below. The training continu8S to be d81iv8red both virtually and in person dependant on organisational needs. During September 2023, SV2 started 8 CPD 8ccredrtation process for the main prof&ssional traininglawareness session delivered by the Learning and Development team which was achieved on the 12th January 2024. Page 6
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE UMITED (A company Ilmlted by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 Achlev•ments and perfornianco (continued) The Leaming and Development Officers along with Ihe Community Development Officer are reviewing the e leaming modules SO they can be more openly accessed by all professionals. Their greatest reach in 202>24 has been the delivery of our CONSENT workshops for year 9 and over students. which reached over 3.649 students across 21 schcols, colleges and unNersities 10 of whrch are new to SV2 CONSENT wor*shops. The Learning and Development Officers throughout the year 2023-24. have delivered a total of 184 sessions reaching 5,705 delegates. Of the 184 sessions 570A have been consent VrkShopS interacting with 3,513 students. 38Qh have been awareness sessions interacting with 1.482 delegates with the remaining 5% networking events accounting for 710 delegates. Multi-A en rainin durin 2023-24 Servlce Sesslons Avdlence People reached NH5 Partners 13 Health arml Mentsl Health Profe551onak Pollce Offl¢ers Varlous piofe551onals acr Derbyshlre Police Deybyshlre County Councll and Safegu8rdlng Chlldren's Partner5hl sd01$. Further and Hi8her Education Pr150ns 118 447 12 107 Chddren. young people and educators Prlson offlcers and staff Other rofe55ionals 3.649 L164 In additional to the LeamirKJ and Devebpment Officers, SV2 Community Development Offrcels role is to primarily engage Community groups to better explore and understand the barrlers to accessing SV2 support and improve our services. This also includes taking the lead on our seThice user involvem8nt activities. The Communty Development officer has been active over the last year attending various fowms, networking events and communty groups which has enabled the review of referrals pathways and well as increasing the Leaming and Development officers reach in providing awareness sessions rOsS the country. Six monthly reports are pr(KIuc8d along with an action plan to ensure the learning on accessibility is put into practice and shared viith stakeholders. Who Used SV2's Services? The Charity's seNices are provided to resid8nts of Dert)yshire (including Derby Cty) regardless of where or when the assault 0Urred and to non residents who are assaulted in Derbyshire. With the exception of the SARC Fast Track service which covers Nottingh8mshire. Below is a summary of SV28 clients for 2023-24. Numbers in bkets are for 2022-23. New referrals 8re lower than expected due to the pause on the wsiting list. Female Male Tran nder Non Blnary Nol toiown otal 971 (gga) 131 (1&5) 2192 426 3163 557 g (NIA) 10 33) 1128 18 27 100 3876 2748 Page 7
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmlted by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevements and perforniance (continued) All open cases in year Multiple incidents data is reflective of the number of clients within recent historical rapelsexual violence and Historical Sexual Abuse with Multiple Incidents. Violen Historical Rty Sexual Violen Historica Child Sexual Abuse Incidents Total 471 19 15 512 277 21 73 1978 1598 422 321 Multi 521 2911 41 435 19 591 Violen Historical R* Sexual Violen Mufti le IncKlents Total 59 63 578 83 18 104 741 10 97 120 870 24 ![ ylli RecenVRapthxual Vlen Historical RaFel Sexual Violei le Incidents Total 18 15 119 61 181 Mu 21 158 28 242 We also supported 42 secondary survivors, WIK) were supporting a friend or relatlV8 who had been sexually abused. This was primarily made up of parents and carers. The remainder of clients supported do not have a specific incident recorded. Page 8
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmlted by guarant••) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance (continued Impact of Activities Safeguarding clients, who often present with complex mental health conditions, is key lo the support the Charity provides. Rapid assessment of client risk and needs is therefore paramount. The Single Point of Access (SPOA) role is well established, with the purpose of undertaking initial assessments for new ISVA and ChlSVA referrals as well as some Therapy referrals. This enables clients to be assess1 8nd, where additional support 18 required before accessing our serrfices, referred directly to appropriate providers, such as IAPT. To understand and demonstrate the differ8nce our support makes. SV2 utilises a RADAR risk and needs assessment tool across all services which is designed to identify any risks and capture a client's needs at three stages: the initial assessment, at a review stage and on ending support. Clients are asked to self assess using a 0-5 scale {0 is the worst and 5 is the best) against the following categories to ensure their support is tsilored to their unique needs: Improved Health and Wellbeing Increased Safety and PerptionS of Safety Reintegration Feeling infomied Improved experience of CJS Mental and Physical Health Shelter and Accommodation Friends, family and Children Education, Skills and Employment Drugs and Alcohol Finan and Benefits Outlook and Attitude Social I nteraction Adult ISVA Outcomes 23-24 140 100 40 Page 9
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED IA company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance {continued} Children and Young People ISVA Outcomes 23-24 40 10 •(XJiC)mé •NoChJyi • 011¢411) In addition, therapy seNices capture wider therapeutic outcomes by using the CORE34 mental heatth assessment tool. sir2's therapy team also use the General Anxiety Disorder (GAD-7) and Patient Health Questionnaire (PHQ-9) tools to enable the identification of improvements in wellbeing over shorter pericKJs of therapy. This has also enabled senior managers to more effectively demonstrate the signifant complexity of the Charity's therapy client base to commissioners and funders. Page 10
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance (continued) Adult Therapy Out¢omes 23-24 40 30 Coplnd Mental Ho•1th1•1 cholc•s Ind ¢huu$and ¢l•¢i•l dxision m#kino A¢¢oa¥ins Rl8kto soll supp •Outcomo •NoCthan¥ • Oai•floratlon P8ge 11
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED IA company limitsd by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance (continued) Children and Young People Therapy Outcomes 23-24 12 10 Cown8 m8chaNsm$ M•mal tr011h aThd Psycholo8i¢al wellbein8 Act& Risk ios811 •trKI Isolation 8UPPCrft othèrs mdlcal Includia8 phy¥iul thoi¢hnd d•ct4on making Ovt¢¢mos • No ¢hgh80 • D•i•ri••tion Assessments are completed with clients within the first or second session of support. A much higher number of assessments are completed than review and ending sessions as support can be provided over a long period. Over this time, clients may disengage from support, be referred to more appropriate service or no longer r8quire support, so it is not always possible to book a planned ending session. c. Factors relevant to achiev• oblectfves As we wod( with a hybrid model in seNice delivery the Trustees continue to be proud of the staff and management team for continuing to provide much ne8ded services to vulnerable people over the whole period and are keen to ensure the health and wellbeing of staff. A number of measures continue to be implemented including regular line management, full team meetings including well-being sessions, clinical supervision access to therapy through an Empbyee Assistsnce Programme providing confidential direct access to therapy and other support 2417, 365 days of the year. d. Fundralslng actlvlties and Income generation The Charity does not proactively seek donations from the public, and is largely funded by statutory grants, grants from grant making twsts and foundations and public sector contracts. No Specif expenditure is linked to the gen8ration of income in year. S112 plan to increase bid writing and grant applications into 2024. Pag8 12
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limlted by guarantse) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and perforniance {contlnued} a. Investment pollcy and perforniance SV2 holds no investments, therefore does not currently hav8 investment policies. Before any are made, the Board will ratify an appropriate wlicy. Financial review a. Flnanclal review including principal risks SV2's financial position in 2023-24 was positive du8 to additional funding secured to deliver additional services. including brand new income streams. In total SV2's income for 2023-2024 reached just over £1million, a situation which looks set to continue into 2024-2025. SV2 therefore now continues in a contract wrth audit partners. SV2's financial position is relatively optimistic, considering th8 inherently short term nature of many sexual abuse related funding streams. Despite the split of the SARC and Adult ISVA contract in April 2023 the charity remained financially stable. Children in Need funding for supporting 0-13 year olds with art therapy was renewed and secured until March 2026. ICB funding for aduft therapy was extended to March 2026. SI12 is a sub contractor to the gIOnal Paediatric SARC provider Nottingham Universty Hospitals {NUH) providing therapeutic support until March 2025 and has already indicated to NUH that it would support an NUH bid for a new contract to continue the same service thereafter. Fast Track Therapy to Derbyshire SARC clients is funded until March 2026. Fast Track Therapy to Nottingham SARC clients is funded until March 2025 with an indication of extension. Alstom Community Fund provided a grant for a part time children's therapist for 12 rrK)nths from March 2024. Prevention funding from the Ministry of Justice is secure to March 2025. The Charity secured years of unrestricted funding from Uoyd's Bank foundation vthich finishal in Dember 2023. due to changing crtteria this will not be repeated. The Charty reiVed direct donations and donations via fundraising to the value of £6,528 in 2023-24. b. Golng con¢em After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason. they conb'nue to £dopt the going concem basis in preparing the financial statements. Further details regarding the adOpt)n of the going concem basis can be found in the accounting policies. Page 13
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED IA company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 c. R88erv8s policy The Directors have set a reseNes policy which requires.. Reserves be maintained at a level which ensures that SV2's core activty could continue for 3 to 6 months during a period of unforeseen difficulty. A proportion of reserves be maintsined in a readily realisable form. The calculation of the required level of reseNes is an integral part of the organisation's planning. budget and forecast cycle. It takes into account: Risks associated with each stream of income and expenditure being different from that budgeted Planned activity level The organisation's commitments The amount of restricted funds at 31.03.2024 totalled £192,205 which are allocated to future budget commitments. The amount of unrestricted funds at 31.03.2024 totalled £69,586 which will be held to settle any future outstanding liabilities should any funding be at risk. Total restricted and unrestricted reseNes at 31.03.2024 are £261,791 Free reserrfes at 31.03.2024 was £69,586. d. Flnancial risk management objectives and policies The Charity has adopted robust policies to mitigate financial risk. These are reviewed biennially and ratified by the Board of Trustees. This includes a robust ReseNes policy and a delegation of authority which ensures that the Board of Trustees have appropriate oversight of our finances. As with all risks, financial risks ar8 identified on our organisational Risk Register, which is reviewed regularly by the CEO and shared with Trustees for their oversb3ht. e. Principal fundlng The Charity's principal funders during 2023-24 w8re.' NHS Dert)y & Derbyshire ICB poli and Crime Commissioner for Derbyshire Ministy of Justi Children In Need Nottingham Universty Hospitals Alstom Community Fund Mountain Healthcare Ltd National Lottery Communty Fund Page 14
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company lirnited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structur•, govemance and management . Govemlng document The company is a charitable company limited by guarantee, incorporated and registered as a charity. The company was established under a Memorandum of Association which 8Stablished the objects and powers of the charrtable company and is govemed under its Articles of Association. No changes were made to the articles during 2023-24. b. Recruitjnent and appolntsnent of the management committèe The directors of the company are also charity trustees for the purpose of charity law and under the company's articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members are elected to serve for a period of one year after which they must be re elected at the next Annual General Meeting. All members of the Management Committee give their time voluntarily and reoive no benefits from the Charity. Relevant business and professional skills are generalty well represented on the management committee however numbers are low and a recruitment drive took place following a skills gap analysis. During 2023124 one trustee left the charty after 3 years of service and three new members were appointed. c. Organisational Structure and declslon-making policles The Charity's Msnagement Committee is made up of up to 15 members who meet bi monthly and are responsible for the strategic direction and policy of the Charity, at 31 March 2024 the Committee had six members. A scheme of delegation is in place and day to day responsibilty for the provision of ser¥ices and budget management rests with the Chief Executive 81ong with the managers. The Chief Executive is responsibl8 for ensuring that the Charity delivers the services specified and that key performance indicators are met. The managers have responsibilty for overseeing the day to day operational management of the Charity's business, individual supervision of the staff team and also ensuring that the team continues to develop ts skills and working practices in line with good practice. d. Trustee InductSon and Tralning Trustees are encouraged to attend offices to familiarise themselves with the practical work of the charity. All Trustees are provided with a copy of the Charity Commission's publication 'The Essential Trustee.. Trustees are also invited to participate in training delivered to staff wherever possible, such as safeguarding training. The Chief Executive Officer retains a record of the Trustee's training. e. Pay pollcy for key management personnel The Charity's remuneration policy complies with the Equalty Act 2010 and other relevant legislation. Remuneration for key management personnel is set by a combination of affordabilty 8nd market testing. Pay uplffts are considered separately to those applied to all other staff. Page 15
SV2- SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED IA company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, governance and management (contlnued) f. Related party relationships There are no related party relationships which pertain to key management personnel or any member of the Management Committee. The Chief Executive Officer maintains a register of interests and a Trustee Conflicts of Interest Policy. g. Risk management SV2's Business Plan 2022 2025 was agreed by the Management Committee in March 2022 outlining the future direction of the Charity. A regularly updated risk register is considered by the Twstees together with updates on the progress of the Business Plan. Risks are mitigated as far as possible. The Trustees have assess&J the major risks to which the Charity is exposed. in particular those related to the operations and finances of the Charity and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. Plans for future perlods SV2's Business Plan for 2022-2025 was signed off by the Board of Trustees in March 2022. This outlines The Charity's plans to develop and thrive throughout a period of change. The key priorities of this Business Plan are to establish the organi5ation as: The highest quality. best value provider of services to all victims and survivors of sexual abuse. The go to partner for agencies. companies and organisations across Derbyshire and the wider region vtho want to improve their response to sexual abuse. The best place to work or volunteer for people who want to support those with experience of sexual abuse. An innovator in the sector, developing new services for survivors and victims. prof8ssionals and other partners, which empower people and proactively prevent sexual violence and abuse in the future. Page 16
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmlted by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Statement of Truste88' re8ponsibilitle8 The Trustees (who are also the directors of the Chaiity for the purposes of company law) are responsible for preparing the Trustees, report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards (Unlted Kingdom Generally Accepted Accounting Practice). Cwipany 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 satisf18d that they give a true and fair view of the state of affairs of the Charity and of its incoming resour and application of resources, including its income and expendiiure, for that period. In preparing these financial statements. the Trustees are required to: select suitable accounting policies and then appty them conslstently; observe the methods and principles of the Charits'es SORP {FRS 102)., make judgments and accounting estimates that are reasonable and prudent. state whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any material departures disclosed and explained in the financial stat8ments', prepare the financial statements on the going cOnM basis unless it is inappropriate to presume that the Charity will continue in busin&ss. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and discbse 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 Charty and hence for taking reasonable steps for the prevention and detection of fraud and other irr8gulariiies. Dl8c108ure of Information to audltors Each of the persons who are Trustees at the time when this Trustees. report is approved has confirmed that.. so far as that Trustee is aware, there is no relevant audit infomation of which the charity's auditors are unaw8re, and that Trustee has taken all the steps that ought to hw4e been tsken as a Trustee in <)rder to be aware of any relevant audit information and to establish that the charity's auditors are awa of that information. Auditors The auditors, WR Partn8r8, have been appointed as auditors for the year ended 31 March 2024. This is the Charity's third audit in 10 years. Approved by order of the members of the board of Trustees and signed on their behalf by: HABoffy Trust& and Treasurer Date". 18 lol Page 17
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmlted by guarantee) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED Opinion We have audited the financial statements of SV2 - Supporting Victim5 Of Sexual Violence Limited (the 'charitable company,) for the year ended 31 March 2024 which comprise the Statement of financial activities, the Balan sheet. the Statement of cash flows and the related notes, including a summary of significant counting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accountiro Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. (United Kingdom Generally Acc8Pted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure for the year then ended., have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Practice", and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilitES 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 chsritable 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 SLrffici8nt and appropriate to provide a basis for our opinion. Conclusions relatlng to going concern In auditing the financial statements, we have concluded that the Trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast siqnificant doubt on the charitable company's ability to continue as a going concern for a pericKI 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. Page 18
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE UMITED (A Company Ilmlted by guarante•) INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (CONTINUED) Other information The other infomiation 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 infomation contained within the Annual report. Our opinion on the financial statements does not cover the other infonnation and, except to the extent othenvise explicitly stated in our report. we do not express any fonn of assuran conclusion thereon. Our responsibilty is to read the other information and. in doing so, consider whether the other information i5 materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or othemise appears to be materially misstated. If we identify such material inconsistencres or apparent material misstatements, we are required to detemiine wtEther 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 infonration, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exceptlon We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you rf. in our opinion.. the infomiation given in the Trustees, report is inconsistent in any material respect with the financial statements,. or sufficient accounting records have not been kept: or the financial statements are not in agreement with the accounting records and returns: or we have not received all the infornation and explanations y require for our audit. Responslblllties of tn As explained more fully in the Trustees, responsibilities statement. the Twstee5 (who are also the directors of the charitable ccrfnpany 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 detennine 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 concem, disclosing. as applicable, matters related to going COnM and using the going concem 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. Page 19
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmlted by guarants8) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (CONTINUED) Auditors. rèsponsibillties for the audit of the financial statements We have been appointed as auditor under section 144 of the Charsties Act 2011 and report in accordan with the Act and relevant regulations made or having effect thereunder. Our obJ"ectives are to obtain reasonable assuran 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 opinicffi. Reasonable aSSUrar is a high level of assuran, but is not a guarantee that an audit conducted in accordance Vifjth ISAS (UIQ will aknys detect a material misstatement when it exists. Misstatements can arise from fraud or emr and are considered material if, individually or in the aggregate, they could reasonably b8 expected to Influen the economic decision5 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 reswt of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below: The audit team obtained an undetstsnding of the legal and regulatory frameworks that are applicable to the charttable company and detennined that the most signifant are those whh relate to the reporting framework rhe Charity SORP 2019), the relevant tax compliance regulations and the General Dats Protection Regulation (GDPR). We understood how the charitable company complies with ttrEse frameworks by making enquiries of management and those responsible for legal and Compliance procedures. We al so reviewed board minLrtes to identify any recorded InStanS of irregularity or non4ompliance that might have a material impact on the financial statements. We assessed the susceptibilty of the charitable company's financial statements to material misstatement including how fraud may occur by meeting wlth key management to und8rstand where the considered there was a susceptibility to fraud. Based on our understanding our procedures involved enquiries of management and those charged with governance, manual joumal entry testing, cashbook vIewS for large and unusual items and the challenge of significant estimates using in preparing the financial statements. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that Complian with a Lqw or regulation is removed from the events and transactions reflected in the financial statements. as we will be less likely to become aware of instances of non-complian. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment. forgery, collusion. omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: w.frc.O .uldauditorsres onsibilities. This description fomis part of our Auditors, report. Page 20
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company1Smited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (CONTINUED) Use of our report This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit vnrk has been undertaken so that we might state to the charitable company's trustees those matters vrfe 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 w8 have formed. WR Partners Chartered Accountants Statutory Auditors Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Date: l O IL 2oL WR Partners are eligible to act as auditors in terms of section 1212 of the Companies Act 2006. Pag8 21
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limitsd by guarantee) STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Restrlctsd Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Note Income from: Contrxts, grants and donations Investments 1,143,782 6,528 3,392 1,150,310 3,392 1,2.560 Total Income 1.143,782 9,920 1,153,702 1,281, 163 Expenditur• on: Charitable activities 1,120,267 12,331 1,132,598 1, 786,8qO Totsl ¢xponditur• 1,120,267 12,331 1,132,598 1, 186,810 Net Incomel(expendlture) Transfers beeen funds 23,515 (440} 12,411) 21,104 94, 353 14 Net movement In funds 23,075 (1,971) 21,104 94,353 Reconciliation of funds: Total funds brought fOard Net movement in funds 169,130 23.075 71,557 240,687 21,104 146,334 94,353 Totsl funds carrled forward 192.205 69,586 261,791 240,687 The Statement of Financial Activities includes all gains and losses recognised in the year. The not88 on pages 25 to 42 fonn part of these financial statements. Page 22
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limlted by guarantee) REGISTERED NUMBER: 02952198 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Flxed assets Tangible assets 11 Current 8888ts Debtors Cash at bank and in hand 12 31.701 291,35S 28,894 371.945 323,056 4LX), 839 Creditors.. amounts falling due within one y8ar 13 {61,265) (160, 152) Net current a8S8t8 261,791 240,687 Total net assets 261,791 240, 687 Charlty funds Restricted funds Unrestricted funds 14 14 192.205 69,586 169. 130 71,557 Total funds 261,791 240, 687 The entity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the entity to obtain an audit for the year in question in accordance wilh section 476 of the Companies Act 2006. However. an audit is required in accordance with section 144 of the Charities Act 2011. The Trustees aCknOwdge their responsibilities for compFying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in sccordance with the provisions applicable to entities subject to the small companies regime. The financ1 statements We approved and authorised ft)r issue by the Twstees and signed on their behalf by.. HABoffy Trustee and Treasurer Date.. The notes on pages 25 to 42 fomi part of these financial statements. Page 23
SV2- SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmlted by guarantee STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Note Cash flows from operatlng actlvltles Net cash used In operating 8Ctivities 16 183,982) 222,314 Cash flows from investing actlvltles Dividends. interests and rents from investments 3,392 603 Net cash provided by investing activities 3,392 603 Cash flows from flnanclng actlvltles Net cash provlded by flnanclng actlvltles Change in cash and cash equivalents in thè year Cash and cash equivalents at the beginning of the year {80,590) 371,945 222,917 149,028 Cash and cash aquivalants at the end of the year 17 291,355 371,945 The notes on pages 25 to 42 form part of these financial st8tements Page 24
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guardntee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Gonaral infomiation The charity is a private company limited by guarantee incorporated in England and Wales. The registered office and principal place of business is Epos House, 263 H88ge Road, Ripley, Derbyshire, DE5 3GH. The financial ststements are presented in sterling (£) and are rounded to the nearest £1. Accountlng policies 2.1 Basis of preparation of financial statemonts The financial statements have been prepared in accordance wf(h the Charltles 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 applicab18 in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. SV2 - Supporting Victims Of Sexu81 Violence Limited m88ts tha definition of a public benefrt entity under FRS 102. Assets and liabilities are initislly recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Golng concern After making enquire8, Ihe Trustees have a reasonable expectation that the Charitable Company has adequate resources to continue in operational existence for the foreseeable future. The Charitable Company therefore continues to adopt the going con¢em basis in preparing its financial statements. 2.3 Income All income is recognised On the Charity has entitlement to the income, it 19 probable that the income will be received and th8 amount of inc(Jne receivable can be measured reliably. Donations are recognlsed when the Charity has been notified in writing of both the amunt and settlement date. In the event that a donation is subject to conditions that require a level of performance by the Charity beofre the Charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within th8 control of th8 Charity and it is probable that these conditions will be fulfilled in the reporting period. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sokl. Income tax r8coverable in relation to donations received under Gift Aid is recognised at the time of the donation. Interest received is recognised once the interest is declared and notified as being receNable. Other income is recognised in the period in which it is receivable and to the extent the gwds have been provided or on completion of the serrfice. Page 25
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Icontlnued) 2A 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 exh activity are made up of the total of direct costs and shared costs, including supwrt costs involved in undertaking each activity. Direct costs attributable to a single activty are allocated directly to that activty. 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 resour$. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. 2.5 Taxation The Charity is considered to pass the tests set out In Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes. 2.6 Tangible fixed assets and depreciation Tangible fixed assets are initially recognised at cost. After recognition, under the cost model. tangible fixed assets are measured at cost less accumulated depreciation snd any accumulated impainnent 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. Office equipment Fully depreciated 2.7 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. 2.8 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 the months or less from the date of acquisition or opening of the deposit or similar account. Page 26
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A Company Ilmlted by guarantse NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued) 2.9 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 estimat 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 seNices 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 V8lue of those amounts, discounted at the p-taX discount rate that reflects the risks specific to the liability. The unwinding of the discount ig recognised in the Stat8ment of financial activities as finance cost. 2.10 Financlal 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. 2.11 Pensions The Charity operate5 a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.12 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the generdl 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 statem8nts. Restricted funds are funds which are to be used in accordance with specrfic 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 e8ch restricted fund is set out in the notes to the financial statements. Page 27
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Crltlcal accounting 8Stimates and areas of Judgmènt Estimates and judgments 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. There are no estimates and assumptions that have a srgnificant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. Income from contracts, grants and donatlons Restrlcted Unrestrictod funds funds 2024 2024 Total fund8 2024 Total funds 2023 Contracts. grants and donations NHS England NHS Derby & Derbyshire ICB Nottingham University Hospitals Children in Need Police and Crime Commissioner Ministy of Justice Lloyds Bank National Lottery Community Fund Mountain Healthcare Ltd Alstom 454.691 170,000 53.274 25.948 211,222 170, 060 27.250 163.920 130,000 58,875 26.248 454,096 168,502 130.000 58,875 26,248 454,096 168,502 166,275 136,551 3,235 166,275 136.551 3,235 1,143,782 1,143.782 1,276,365 Other income from donations and legacies 6,528 6,528 4, 195 Total 2024 1,143,782 6,528 1,150,310 1,280,560 Total 2023 1,249, 115 31,445 1,280, 560 Page 28
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2024 Investment Income Unrestrlcted funds 2024 Total funds 2024 Total funds 2023 Interest re1vable on bank deposts 3,392 3.392 Total 2024 3,392 3,392 603 Total 2023 603 603 Analysis of expenditure on charitable activities Summary by fund type Restrlcted Unrestri¢tsd funds funds 2024 2024 Total 2024 Total 2023 Charitable activities 1,120,267 12,331 1,132,598 1. 186,810 Total 2024 1,120,267 12,331 1,132,598 1,186,810 Tot812023 1. 151,499 35,311 1, 186,810 Page 29
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure by activities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Total funds 2023 Charit8ble activities 762,082 370,516 1.132,598 1. 186.810 Total 2024 762,082 370,516 1.132,598 1, 186,810 Total 2023 737. 767 449,043 I, q86,810 Analysis of direct costs Charitable activities 2024 Total funds 2024 Total funds 2023 Staff costs Sub-contractor costs 643,034 119,048 643,034 119,048 641,042 96, 725 Totsl 2024 762,082 762,082 737, 767 Total 2023 737, 767 737, 767 Page 30
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2024 Analysls of expendlture by activities (contlnued) Analysis of support costs Charitsble aGtivitles 2024 Total funds 2024 Total furnys 2023 Staff costs Professional and HR fees Rent and rates Insuran Utilities Training and supervision Staff travel and expenses Intem8t and communications Postage and stationary Other staff costs Advertising and promotion Subscriptions and membership Equipment and room hire Repairs and maintenance Cleaning and canteen IT fees and equipment Accountancy and bookeeping Bank charges Other costs 103,866 17,052 57,400 6,569 10,472 33,357 9,705 15.925 4.327 3,527 4,857 3,007 2,488 11,687 7.063 52,640 26,201 397 178 103,666 17,052 57,400 6,569 10,472 33,357 9,705 15,925 4,327 3,527 4,857 3,007 2,488 11,687 7,063 62,640 26,201 397 178 147,429 23,449 25.059 5.320 28, 737 16.919 6.375 28.278 3.906 3.237 6.812 46,814 8.887 54.899 26,462 358 954 Total 2024 370,516 370,516 449.043 Total 2023 449, 043 449.043 Page 31
SV2- SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED IA company limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Audltors. remuneratlon 2024 2023 Fees payable to the Charty's auditor for the audit of the Charity's annual accounts Fees payable to the Charty's auditor in respect of.. All non-audit services not included above 2,200 2, 150 Staff costs 2024 2023 Wages and salaries Social security costs Contribution to defined contribution pension schemes 672,768 58,992 14,940 715,621 58,927 13,923 746,700 788,471 Included within the above Stsff costs. there a termination payments of £Nil (2023.. £21,366> paid to no employees (2023: one employee). The average number of persons employed by the Charity during the year was as follows: 2024 No. 2023 No. Average employees 34 The average headcount expressed as full-time equivalents was.. 2024 No. 2023 No. FTE employees 22 24 No employee received remuneration amounting to more than £60.000 in either year. The total remuneration of the key management personnel during the ye8r was £102,370 (2023: £152,250).The key management personnel comprise the senior manag8m8nt team a5 li5t8d on page 2. Page 32
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Trustees. remuneration and •xpenses During the year, no Trustees received any remuneration or other benefrts (2023- £NIU. DuriTrJ the year ended 31 March 2024, no Tnjstee expenses have been incurred (2023- £NIL). 11. Tanglble fixed assets Office equlpment Cost or valuation At 1 April 2023 40.200 At 31 March 2024 40.200 Depraciation At 1 ApTiI 2023 40.200 At 31 March 2024 40,200 Net book value At 31 March 2024 At 31 March 2023 Page 33
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 12. Debtors 2024 2023 Due wlthln one year Trade debtors Other debtors Prepayments and accrued income 4,525 106 27,070 4,439 24,455 31,701 28, 894 13. Creditors: Amounts falling due within one year 2024 2023 Trade creditors Other taxation and social securty Other creditors Accruals and deferred income 32,283 15,898 37,420 12,334 2,334 108.064 12.799 61,265 160, 152 Page 34
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Statement of funds Statement of funds- current year Balance at 1 April 2023 Trdnsfer3 Balance at 31 Inlout March 2024 Income Expenditure Unrestricted funds Designatsd funds Designated FurKIs 10,755 (10.766) General funds General Funds 60.802 9,920 (1,576) 69,686 Total Unrestricted funds 71.557 9,920 {12,331) 69.586 Restrictsd funds NHS ErYJland (SARC) NHS England {SARC) 1 Cosmopolitan Children in Need Police & Crime Commissioner- ChlSVA Nottingham University Hospitals (Therapy 0-17) Ministry of Justice Police & Crime Commissioner- ChlSVAIISVA Police & Crime Commi8sioner- ChlSVA Police & Crime Commissioner - ISVA Police & Crime Commissioner- Prison ISVA National Lottery Community Fund NHS Derby & Detbyshire ICB Police & Crime ComrnissK>ner (Males ISVA) poli & Crime Commissioner (LDICD) Mountain Healthcare Ltd - Notts SARC 20A70 31,454 20A70 31 h54 (440) 8,221 26,248 (33,823) 7,088 7.088 11,382 58,875 168,602 {61,977) <168,502} 8,280 36,764 (35,754) 100.463 (100,463) 150.000 (150.000) 39,105 166,275 130.000 (39.105) 1180.153) 1130.000) 90,075 76.197 50.774 (50.774) 78,000 178.000) 69,551 {24,736} 34,815 Page 35
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE UMITED (A company limited by guarantee) NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Statsment of funds (contlnued) ststement of funds - current year (continued) Balance at 1 April 2023 Transfers Balance at 31 Inlout March 2024 Income Expendlture Mountsin Healthcare Ltd - Derbys SARC Alstom 77,000 3,235 163.745) 13.235) 13,255 169,130 1,143,782 {1,120,267) 1440} 192.205 Total of funds 240,687 1,153.702 (1,132,598) 261,791 Page.36
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Statsment of funds (contlnued) Statement of funds . prior year Balance at 31 March 2023 Balance at l Apnl 2022 Income Expenditu Unrestrlcted funds Deslgnated funds Designated FurKls - all funds 18,750 27,250 (35,245) 10, 755 General funds General Funds - all funds 56,070 4. 798 (66) 60.802 Totsl Unrestrlcted funds 74,820 32.048 {35,371) 71.557 Restrlctsd funds NHS England (SARC) NHS England (SARC) 1 Cosmopolitan Children in Need Police & Crime Commissioner - ChlSVA Nottingham University Hospitals (Therapy 0-17) Ministry of Justice Police & Crime Commissioner- PrlSVA Police & Crime Commrssioner- ChlSVAIISVA National Lottery Community Fund NHS Derby & Derbyshire ICB Police & Crime Commissioner (Males ISVA) Police & Crime Commissioner (LDICD) 20.470 30,985 454, 691 (454,222) 733 (293) 5, 180 25,948 (22.907) 7,486 60,075 (60,473) 6, 660 53,274 (48,552) 170,060 (170,060) 39, 105 (39, 105) 35,754 (35, 754) 163,920 (73.845) 170,OCQ (170,000) 32, 139 (32, 139) 44, 149 (44, 149) 20,470 31.454 440 8,221 7,088 11,382 90,075 71.514 1,249, 115 (1, 151,499) 169, 130 Total of funds 146,334 1,281, 163 '1, 186,810) 240, 687 Page 37
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14. Statement of funds Icontinued)
AII SV2's services are provided in line with the charity's objectives, to relieve the suffering and distress
of people who have been raped or sexually abused and to advanc8 the 8ducation of the public in the
subject of rape and sexual abuse and its effects.
NHS England.
SV2's contract with NHS England ended on 31.03.23. SV2 had managed Derbyshire's Sexual Assault
Referral Centre SARC since its opening in the early 2000's.
Children in Need
This seNice provides therapy for clients aged 0-13yrs. Children in Need have been providing ongoing
financial support to SV2 for many years, they provide funding for a therapist including oncosts.
Natlonal Lottery Communlty Fund
NLCF provides therapy for clients aged 14-17yrs, and 18yrs plus by funding staff and core costs. This is
SV2's 6th successful National Lottery Community Fund grant, the funding started 1 st April 2022 and will
carry through to March 2025.
Pollce & Crlme Commlssloner IPCC) - ISVA
A direct contract with Derbyshire's PCC. This is a new contract for 2023r24 and provides Independent
Sexual Violence Advocacy SUPPOrt to adutts by funding staff and core costs. The seNice started 1st
April 2023 to March 2026 with an option to extend to 2028.
Pollce & Crfme Commlssloner
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company Ilmfted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Statement of funds (continued) Police & Crime Commlsslonor- ISVA dedlcatsd to Supportlng Maleg An MOJ grant secured via Derbyshire's PCC. Thie fund stsrted in August 2022. The funding provides a dedicated ISVA to work with Male clients together with staff and business overheads. Police & Crim8 Commissloner- Learnlng & Communlty Development An MOJ grant secured via Derfoyshire's PCC. This fund started in September 2022 provides part time Learning and Development Officers who cover the county delivering consent training to schools, and training about sexual assault and available seNices to professionals. The contract also funds a Community Development Officer who covers the county working specifically on improving accessibility to those underrepresented in SV2's client base. Alstom A new funding stream for 2023124 which provides a childrens therapist and their direct costs. Mountain Healthcare Ltd A new funding stream for 2023124. SV2 have secured a contract to provide therapy to clients 18+ who have attended the Sexual Assault Referral Centre {SARC) in Derbyshire from 1 st April 2023. This is a 3 year contract with an option to extend a further 2 years. It provides therapists including some support staff and business costs. SV2 were also successful in securing a contract for the Nottinghamshire SARC providing the same service from 1st November 2023 to 31 st March 2025. 16. Anaty818 of net assets between funds Anaty8is of nat a889ts between funds - current period Restrlcted Unrestricted funds funds 2024 2024 Total funds 2024 Current assets Creditors due within one year 192,205 130,851 (61,265) 323.056 (61.265) Total 192.205 69,586 261,791 Page 39
SV2- SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED {A colnpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. Analysis of net assets between funds (continued) Analysis of net assets between funds - prior period Restricted Unrestricted funds funds 2023 2023 Total funds 2023 Current assets Creditors due within one year 169, 130 231. 709 400,839 (160, 152) (160, 152) Total 169. 130 71,557 240. 687 16. Reconciliation of net movement in funds to net cash flow from operating activities 2024 2023 Net income for the period (as per Stat8m8nt of Financial Activities) 21,104 94,353 Adjustments for: Dividends, interests and rents from investments Decreasel{increase) in debtors Increasel{decrease) in creditors (3,392) (2,807) (98,887) (603) 17,067 111,497 Net cash provided byl(used in) operatlng actlvltles (83,982} 222.314 17. Analysis of cash and cash equivalents 2024 2023 Cash in hand 291,355 371,945 Total cash and cash equivalents 291,355 371,945 Page 40
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. Analysis of changes in net d•bt At 1 Aprfl 2023 At 31 March 2024 Cash flows Cash at bank and in hand 371,945 {80.590) 291,35S 371,945 (80,590 291,355 19. Contlngent liabllltles The charity has vacated its premises post year end. No dilapidations provision has been included as negotiations with the landlord are ongoing and there is no certainly in relation to the final cost. Pension commitments The Charity operates a defined contributK)n pension scheme. The assets of the scheme 8re 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 £14,940 (2023 . £13,923). Page 41
SV2 - SUPPORTING VICTIMS OF SEXUAL VIOLENCE LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 21. Operatlng lease commitments At 31 March 2024 the Charity had commitments to make future minimum lease payments under non- cancellable operating leases as follows: 2024 2023 Land and buildings Not later than 1 year Later than 1 year and not later than 5 year5 53,243 72,000 50,460 125,243 53,460 Other Not later than 1 year Laterthan 1 year and not later than 5 years 1,492 2,495 1.406 3, 769 129,230 58,635 The following lease payments have been recognised as an expense in the Statement of financial activities.. 2024 2023 Operating lease rentals 56,468 27,735 22. Relatsd party transactlons The Charity has not entered into any related party transaction during the year, nor are there any outstsnding balances owing between related parties and the Charty at 31 March 2024. Page 42