**REGISTERED COMPANY NUMBER: 3294852 (England and Wales) REGISTERED CHARITY NUMBER: 1081032**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
**FOR WHAG (A COMPANY LIMITED BY GUARANTEE)**
Wyatt Morris Golland Ltd Statutory Auditors Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
**WHAG**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
**Page Reference and Administrative Details** 1 **Chair's Report** 2 **Report of the Trustees** 3 to 7 **Report of the Independent Auditors** 8 to 10 **Statement of Financial Activities** 11 **Balance Sheet** 12 to 13 **Cash Flow Statement** 14 **Notes to the Cash Flow Statement** 15 **Notes to the Financial Statements** 16 to 27 **Detailed Statement of Financial Activities** 28 to 29
**WHAG**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2023**
**TRUSTEES** Ms S Nugent Ms H Waddington Ms A B Rothwell (resigned 18.5.22) Mrs A Havens (resigned 18.5.22) Ms L V Bell Ms S Amidar A K Rhodes-Dawson J C Michaels (appointed 24.5.22) (resigned 23.5.23) L A Drabble L Dabula (appointed 24.5.22) C Aspin (appointed 24.5.22) L Merlo (appointed 23.5.23) N Large (appointed 23.5.23) J Kovacs (appointed 23.5.23) **COMPANY SECRETARY** Ms C Carberry **REGISTERED OFFICE** 185 Drake Street ROCHDALE Lancashire OL11 1EF **REGISTERED COMPANY NUMBER** 3294852 (England and Wales) **REGISTERED CHARITY NUMBER** 1081032 **AUDITORS** Wyatt Morris Golland Ltd Statutory Auditors Park House 200 Drake Street Rochdale Lancashire OL16 1PJ **BANKERS** Unity Trust Bank Plc Four Brindleyplace Birmingham B1 2JB **CHIEF EXECUTIVE OFFICER** A K Rhodes-Dawson
Page 1
**WHAG**
## **CHAIR'S REPORT FOR THE YEAR ENDED 31 MARCH 2023**
This year saw the expansion of WHAG's own property portfolio following investment from our partner SASC, Social and Sustainable Capital. WHAG aspires for growth so we can provide suitable supported accommodation in the right locations for those that need it. Growing our own portfolio has been exciting and my thanks goes to the WHAG team for their hard work making this happen.
One of our key focuses has been quality and consistency across our projects. Quality standards and measures are in place to ensure people receive high quality accommodation and support whenever they access our services.
Our contract in Halton ended this year. We continue to serve Rochdale, Cheshire West and Chester as well as providing Domestic Abuse services for men, and training and resources for organisations and schools
In February, the government announced tougher measures for domestic abusers. Controlling and coercive behaviour will be considered in line with physical violence. This includes perpetrators being added to the violent and sex offender register if they are sentenced to a year or more. Tighter controls to protect people from control and coercion are appreciated. The impact can be huge. Everyone has the right to feel both physically and psychologically safe.
I also welcome the ask of police forces in England and Wales to treat violence against women and girls as a national threat alongside other crisis such as organised crime and child sexual abuse. WHAG's Board of Non-Executive Directors has changed. Big thanks goes to Angela Havens who left us this year. Angela's contribution to the board has been fantastic and we will miss her high support and constructive challenge. I am pleased to be joined by new colleagues on the board. Jenny Kovac, a former housing professional with a background in property services and development. Natalie Large, a civil servant who specialises in change delivery. Lucy Merlo who is a Specialist assessor and Teacher of special needs students and Olivia Drabble a Coach and NLP EFT Therapist. I am thrilled to work with such talented women. Finally I want to acknowledge the women and men who live in our accommodation and access our services. You can read some of their stories on our website. Their personal accounts and letters to WHAG staff are humbling and I am always moved by their personal resilience. My gratitude goes to them and all WHAG staff and partners who provide Domestic Abuse services. We won't rest until everyone feels empowered and safe.
- Directors has changed. Big thanks goes to Angela Havens who and we will miss her high support and constructive challenge.
- Jenny Kovac, a former housing professional with a background
- servant who specialises in change delivery. Lucy Merlo and men who live in our accommodation and access our
- personal accounts and letters to WHAG staff are humbling and I to them and all WHAG staff and partners who provide Domestic
Page 2
**WHAG**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objects of the charity, principle activities and organisation of our work**
WHAG is constituted as a Company Limited by Guarantee, and is, therefore, governed by a Memorandum and Articles of Association. The charity's purpose as set out in the objectives in the Memorandum of Association are to:
Provide high quality temporary accommodation support and information to women, their children and men and women experiencing or fleeing domestic abuse who are vulnerable or in housing need.
The Trustees meet every quarter and attend 2 away days per annum plus any additional training. The Senior Leadership Team is made up of the Chief Executive Officer (CEO), Head of Operations (HO) Finance Manager (FM), Business and Development Manager (BDM) and the HR Manager . Three Service Managers (SM) manage the day to day operations and services. Project staff are employed to support clients with a further team providing administration and financial support to the whole organisation.
. Three Service Managers (SM) manage the day to day operations referred to the Charity Commission's guidance on public benefit support and information to women, their children and for planning, problem solving and decision making which will priority to local people and we currently work with over 170 and we are proud to have bilingual staff able to give support to is an important focus of our work, helping to give clients abuse and homelessness strategies in the boroughs as our clients to maintain their own tenancies
## **Public benefit**
How our activities deliver public benefit
The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Charity's aims and objectives, planning future activities and setting policies for the year as can be seen below.
The charity's purpose as set out in the objectives in the company's Memorandum of Association are to:
Provide high quality temporary accommodation support and information to women, their children and men and women experiencing or fleeing domestic abuse who are vulnerable or in housing need.
Enable clients to take responsibility for planning, problem solving and decision making which will eventually lead them to live independently and make a positive contribution to the community appropriate to their individual needs and preferences.
Encourage clients to take responsibility for their own learning and development in line with their potential and opportunities. Some of our funding restricts us to give priority to local people and we currently work with over 170 women over 5 services on a weekly basis.
Equal opportunity is important to us and we are proud to have bilingual staff able to give support to clients whose first language is not English.
Group work and service user participation is an important focus of our work, helping to give clients confidence, social and life skills to enable them to maintain their own tenancies and to integrate fully in their communities.
The impact of our work feeds into the domestic abuse and homelessness strategies in the boroughs in which WHAG works helping to reduce domestic abuse and homelessness as our clients are empowered to maintain their own tenancies with less and less support. As our clients take more responsibility for their own lives, there is less impact on emergency and statutory provisions, as individuals and families they are able to manage their own affairs and are less likely to enter the cycle of homelessness or abusive relationships again.
WHAG actively support training of social work students by accepting them on placement and have partnerships with three universities.
By providing high quality support and advocacy within key areas such as personal safety, budgeting, training, employment, social skills and community participation our clients move towards participation in their communities, maintaining tenancies and building in confidence in day to day independent living.
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**WHAG**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **OBJECTIVES AND ACTIVITIES**
## **Social investments**
WHAG continues to explore how it can make social investment contribute to its aims and objectives. WHAG works towards adding social value and reducing carbon footprint throughout its services by reducing waste and energy consumptions. WHAG is partnered with fare share and receives weekly food donations from Aldi, Greggs and Marks and Spencers reducing food waste across the areas that we work.
This year WHAG brought it's sister organisation UP back into the charity to support WHAG's prevention work and training delivery of Healthy relationships. Supporting clients and the wider community to understand the effects of domestic abuse and homelessness has on individuals and families. Organisationally we visit schools and colleges and input into the community to raise awareness and promote healthy relationships and reduce homelessness. We continue to look at how we can expand WHAG owned self contained accommodation to give those we work with more choice and quicker access to safer housing options.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Investor in People quality mark. The organisation has also expanded SASC, Social and Sustainable Capital. WHAG aspires for growth right locations for those that need it. Growing our own portfolio to come from the contracts that it holds with local authorities. We have Council and Burdens fund to expand our service provision and consistency across our projects. Quality standards and this year. However, we continue to provide services in Rochdale homeless women, Domestic Abuse support and Young announced tougher measures for perpetrators of domestic abuse be considered in line with the statutory definition of domestic abuse. register if they are sentenced to a year or more. Tighter controls impact can be huge. Everyone has the right to feel both physically to 1011 clients with 992 linked children. We have completed 4 WHAG continue to provide services on limited budgets and income. and local unions
This year saw the charity retain its Investor in People quality mark. The organisation has also expanded its own property portfolio following investment from our partner SASC, Social and Sustainable Capital. WHAG aspires for growth so we can provide suitable safe, supported accommodation in the right locations for those that need it. Growing our own portfolio has been exciting and the difference that it is making to our offer is plain to see when individuals and families move into these properties
Most of WHAG's income continues to come from the contracts that it holds with local authorities. We have also this year had grants from Changing Futures, Rochdale Borough Council and Burdens fund to expand our service provision and provide additional safe accommodation.
## We also continue to look at how we can build fundraising and sponsorship opportunities.
One of our key focuses has been quality and consistency across our projects. Quality standards and measures are in place to ensure people receive high quality accommodation and support whenever they access our services.
Our support contract in Halton ended this year. However, we continue to provide services in Rochdale and Cheshire West and Chester and these services include vulnerable homeless women, Domestic Abuse support and Young parents and complex case work, all of which involve accommodation provision.
In February 2023, the government announced tougher measures for perpetrators of domestic abuse to include controlling and coercive behaviour and this will now be considered in line with the statutory definition of domestic abuse. Perpetrators will now be added to the violent and sex offender register if they are sentenced to a year or more. Tighter controls to protect people from control and coercion are appreciated, as the impact can be huge. Everyone has the right to feel both physically and psychologically safe and we aim to raise awareness of these changes to our client group and the wider community.
This year WHAG has provided support to 1011 clients with 992 linked children. We have completed 4 social work placements and have 4 apprentice placements ongoing. WHAG continue to provide services on limited budgets and income. We ensure all spending is prudent and best value for money whilst meeting the needs of all the service areas.
## **Fundraising activities**
WHAG received several donations from local partner agencies and local unions in the boroughs we work in. We have been involved in bucket collections at local football clubs, the Bury 10k run, Marks and Spencer donations, as well as receiving several donations of furniture and toiletries for clients. WHAG will continue to increase the networking and fundraising stance throughout the local communities and social media to raise awareness around our services and increase our fundraising efforts.
## **FINANCIAL REVIEW**
## **Transactions and financial position**
During the year there was an excess of income over expenditure which has been rolled into the reserves brought forward, in accordance with the charity's reserves policy.
The financial position of the charity as at 31st March 2023 was:
£
Unrestricted funds - General 1,241,663 Unrestricted funds - Designated 310,310 Restricted funds 72,137 ---------------Total funds 1,624,110
=========
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**WHAG**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **FINANCIAL REVIEW**
## **Investment policy and objectives**
WHAG recognise that as a charity, monies should be spent to further charitable aims. We believe that there is scope for some investment that will support us to increase and improve service and provide income to the organisation. At the year-end we have some funds in high interest bank accounts.
WHAG has also purchased 12 properties over the year. These properties are let to provide accommodation to our client group. WHAG also own one property that is currently rented on a commercial rent that will be used as part of our support offer when it next becomes vacant. WHAG also own a property which serves as a head office and training centre, and is an investment for WHAG's future and provides an income to the organisation through rental.
## **Reserves policy**
The present level of funding is adequate to support the work of the charity for the medium term and the Trustees consider the financial position of the charity to be satisfactory. The Trustees acknowledge their responsibility as an employer to provide a stable financial footing for the organisation to operate and develop from, and to be prudent in its financial management. It is with this in mind that the organisation tries to maintain general reserves of £400,000, should any of our contract funding cease unexpectedly.
tries to maintain general reserves of £400,000, should any of for Property Maintenance Contingency of £10,000, IT of £15,000, the social investment properties bought in the year which are offset If the net book value of the new investment properties of free reserves would be £853,940. This is not a financial going funded via a mortgage through a social investment philanthropic company through the loan funding, and if sold would viability in uncertain times, the Trustees retain their confidence continuing as a going concern. The charity reserves remain this year to ensure that is continues to provide excellent support will be reviewed and standards for the and
In addition we have designated funds for Property Maintenance Contingency of £10,000, IT of £15,000, Head Office Running Costs (includes underfunded posts) of £220,000, and a Building fund of £65,310.
## When designated funds of £310,310 are excluded, the free reserves of the charity are negative £529,320.
The negative free reserves are due to the social investment properties bought in the year which are offset with a loan, the loan is not included in the free reserves calculation. If the net book value of the new investment properties of £1,383,260 is excluded from the free reserves calculation the adjusted free reserves would be £853,940. This is not a financial going concern issue to WHAG as the recent properties purchased have been funded via a mortgage through a social investment philanthropic company. All the properties are in effect "owned" by the social investment company through the loan funding, and if sold would pay off the loan, leaving WHAG with sufficient free reserves.
Whilst there are always concerns over viability in uncertain times, the Trustees retain their confidence in the Charity's present financial position.
## **Going concern**
There are no current uncertainties of the charity continuing as a going concern. The charity reserves remain at a healthy level and the trustees are confident in the charity's future achievements.
## **FUTURE PLANS**
In the coming year WHAG will continue to look for contract and grant opportunities to extend its services.
The organisation will also restructure this year to ensure that is continues to provide excellent support services and has the correct staffing in place to plan for the future.
How the organisation communicates internally will be reviewed and standards for the organisation and leadership team reviewed and updated
Annual salaries will be reviewed after completion of an external benchmarking exercise to review remuneration and benefits.
WHAG will also continue to increase their property portfolio further.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, its Memorandum & Articles of Association, and constitutes a limited company, limited by guarantee, and registered in England & Wales. The charity is a non-profit making body, which was established to provide good quality temporary accommodation and/or outreach and support to women and men, and their children threatened or fleeing domestic abuse, and women who are experiencing or facing homelessness.
There were 9 members at the year end and their guarantee to the company is £1.
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**WHAG**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure**
The organisational structure of WHAG is as follows:
WHAG board of Trustees with separate Sub Groups
CEO - to provide leadership and strategic management as directed by the Board of Trustees; to ensure that the organisation delivers its services in line with WHAG's core vision and values; Health and safety and human resources lead
Business manager - responsible for business growth, tenders, grants, IT, marketing, social media and fundraising; GDPR lead
Finance manager - responsible for overseeing WHAG finance ; Company secretary; manages the finance team.
HR manager - responsibility for human resources
providing leadership to the operational team and ensuring the Chester/Cheshire; Halton who oversee the Volunteer and sit as a Board of Trustees, these are named on page appointment or to the date of resignation as noted on page 1. The Articles of Association. The directors have authority to appoint a trustee due to her experience and the need for more accountability the accounts. She does not get paid for her duties as a trustee. our board members and have introduced the use of regular board our gaps. New board members have been recruited on this basis networking. All Trustees undertake training through national prospective Trustees attend one or two board meetings prior to by the board, and the strategy and business plan that is agreed risk and present financial information quarterly. There is an basis to look at pay and remuneration, local authority pay
Operations manager - responsible for providing leadership to the operational team and ensuring the delivery of high quality services to all of our clients. Safeguarding lead; Organisational Deputy
Service managers for each area - Rochdale; Chester/Cheshire; Halton who oversee the Volunteer Co-ordinator, administrative team and the team leaders over each service team.
## **Directors and trustees**
All trustees are directors of the company and sit as a Board of Trustees, these are named on page 1, and served as directors throughout the year, from the date of appointment or to the date of resignation as noted on page 1. The directors are appointed in accordance with the Memorandum and Articles of Association. The directors have authority to appoint trustees, but the number of trustees shall not exceed fifteen. The trustees are trained and guided by the other trustees and appropriate courses.
A K Rhodes-Dawson, the CEO is also a trustee due to her experience and the need for more accountability as the charity progresses, additional details are in Note 10 to the accounts. She does not get paid for her duties as a trustee. All trustees give their time voluntarily and receive no benefits from the charity and declare any conflicts of interest at the start of each board meeting.
We aim for diverse experience amongst our board members and have introduced the use of regular board effectiveness reviews to test our skills and knowledge and develop our gaps. New board members have been recruited on this basis and we continue to seek new members through advertisement and networking. All Trustees undertake training through national governance courses and through regular in-house training. New and prospective Trustees attend one or two board meetings prior to election to the board and this is followed by induction and mentoring, normally led by the chair of the Trustees.
The senior lead team (SLT) are guided by the board, and the strategy and business plan that is agreed every 2-3 years and reported on quarterly. The SLT report on organisational risk and present financial information quarterly. There is an ARCI model in place that explains accountabilities. THE SLT are clear of their responsibilities.
Benchmarking takes place on a 5 yearly basis to look at pay and remuneration, local authority pay scales are currently followed broadly and all staff are on a pay scale and all staff receive the real living wage.
## **Related parties**
The charity requires all trustees and employees to declare related party and other interests as they arise.
Other than as shown in the notes to the accounts, no other material related party transactions and interests were identified during the year.
## **Risk management**
WHAG has a risk register which the Trustees review a minimum of quarterly to ensure that the board is taking all the necessary steps to maintain stability for the charity and its projects.
The Board undertakes a quarterly review of business plan progress paying particular interest to any milestones off track or that require further assurance. Golden rules are in place which clearly identify the business critical areas that the charity depends on for stability.
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of WHAG for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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**WHAG**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- they ought to have taken to make themselves aware of any relevant
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **AUDITORS**
The auditors, Wyatt Morris Golland Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting. Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................................................. Trustee
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## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF WHAG**
## **Opinion**
We have audited the financial statements of WHAG (the 'charitable company') for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted 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 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **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 UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
we have concluded that the trustees' use of the going concern we have not identified any material uncertainties relating to doubt on the charitable company's ability to continue of the trustees with respect to going concern are described other information. The other information comprises the information does not cover the other information and, except to the extent financial statements, our responsibility is to read the other information inconsistent with the financial statements or our knowledge If we identify such material inconsistencies or apparent rise to a material misstatement in the financial statements there is a material misstatement of this other information, we are of the following matters where the Charities (Accounts and Reports)
## **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 trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial 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.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or 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.
## **Matters on which we are required to report by exception**
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 if, in our opinion:
- the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
- the charitable company has not kept adequate accounting records; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, 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.
Page 8
## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF WHAG**
## **Our responsibilities for the audit of the financial statements**
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable 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.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
The extent to which the audit was considered capable of detecting irregularities including fraud.
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:
the engagement team collectively had the appropriate competence, applicable to the company through discussions with directors which we considered may have a direct material with the laws and regulations identified above through making communicated within the audit team regularly and the team charity's financial statements to material misstatement, including where they considered there was susceptibility to fraud, their
-the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
-we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of charities;
-we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charity, including the Charities Act 2011and Companies Act 2006 and
-we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence where necessary,
-identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
-making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud and
-considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
-performed analytical procedures to identify any unusual or unexpected relationships;
-tested journal entries to identify unusual transactions;
-assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and
-investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
-agreeing financial statement disclosures to underlying supporting documentation;
-enquiring of management as to actual and potential litigation and claims; and
-reviewing correspondence with HMRC.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
Page 9
## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF WHAG**
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.
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 Report of the Independent Auditors.
## **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 work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Wyatt Morris Golland Ltd Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Park House
200 Drake Street Rochdale Lancashire OL16 1PJ
Date: .............................................
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## **WHAG**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023**
|**DR**
Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3
**Charitable activities**
5
Charitable Activities
Investment income
4
Other income
**Total**
**EXPENDITURE ON**
Raising funds
6
**Charitable activities**
7
Charitable Activities
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
20
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**AFT**
**2023**
Unrestricted
Restricted
**Total**
funds
funds
**funds**
£
£
**£**
**305,821**
**13,250**
**319,071**
**1,957,968**
**-**
**1,957,968**
**54,532**
**-**
**54,532**
**10,196**
**-**
**10,196**
**2,328,517**
**13,250**
**2,341,767**
**71,823**
**-**
**71,823**
**2,181,324**
**26,413**
**2,207,737**
**2,253,147**
**26,413**
**2,279,560**
**75,370**
**(13,163)**
**62,207**
**(166)**
**166**
**-**
**75,204**
**(12,997)**
**62,207**
**1,476,769**
**85,134**
**1,561,903**
**1,551,973**
**72,137**
**1,624,110**|2022
Total
funds
£
188,545
1,853,225
14,621
19,351|
|---|---|---|
|||2,075,742|
|||864
1,926,189|
|||1,927,053|
|||148,689
-|
|||148,689
1,413,214|
|||1,561,903|
||||
The notes form part of these financial statements
Page 11
## **WHAG**
## **BALANCE SHEET 31 MARCH 2023**
||||||**2023**|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|**Total**|Total|
||||funds|funds|**funds**|funds|
|||Notes|£|£|**£**|£|
|**FIXED ASSETS**|||||||
|Tangible assets||13|**357,243**|**-**|**357,243**|367,011|
|Social investments||14|**1,413,740**|**-**|**1,413,740**|31,102|
||||**1,770,983**|**-**|**1,770,983**|398,113|
|**CURRENT ASSETS**|||||||
|Debtors||15|**77,814**|**-**|**77,814**|124,587|
|Cash at bank and in hand|||**1,554,464**|**72,137**|**1,626,601**|1,527,410|
||||**1,632,278**|**72,137**|**1,704,415**|1,651,997|
|**DRAFT**
**CREDITORS**
Amounts falling due within one year
16
**(201,288)**
**-**
**(201,288)**
(288,207)
**NET CURRENT ASSETS**
**1,430,990**
**72,137**
**1,503,127**
1,363,790
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**3,201,973**
**72,137**
**3,274,110**
1,761,903
**CREDITORS**
Amounts falling due after more than one year
17
**(1,650,000 )**
**-**
**(1,650,000 )**
(200,000)
**NET ASSETS**
**1,551,973**
**72,137**
**1,624,110**
1,561,903
**FUNDS**
20
Unrestricted funds
**1,551,973**
1,476,769
Restricted funds
**72,137**
85,134
**TOTAL FUNDS**
**1,624,110**
1,561,903
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended
31 March 2023.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial
statements.
The trustees acknowledge their responsibilities for|||||||
|(a)
ensuring that the charitable|company keeps accounting||records that comply with Sections 386 and 387 of the Companies Act||||
|2006 and|||||||
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The notes form part of these financial statements
continued...
Page 12
**WHAG**
## **BALANCE SHEET - continued 31 MARCH 2023**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
##
The notes form part of these financial statements
Page 13
## **WHAG**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023**
|**DRA**
Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of mixed motive investments
Interest received
Net cash (used in)/provided by investing activities
**Cash flows from financing activities**
New loans in year
Net cash provided by financing activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning of**
**the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|**FT**
**2023**
**£**
**60,297**
**60,297**
**(1,411,490 )**
**384**
**(1,411,106 )**
**1,450,000**
**1,450,000**
**99,191**
**1,527,410**
**1,626,601**|2022
£
307,641|
|---|---|---|
|||307,641|
|||-
1,043|
|||1,043|
|||200,000|
|||200,000|
||||
|||508,684
1,018,726|
|||1,527,410|
||||
The notes form part of these financial statements
Page 14
## **WHAG**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023**
## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**DRA**
**Net income for the reporting period (as per the Statement of Financial**
**Activities)**
**Adjustments for:**
Depreciation charges
Interest received
Decrease in debtors
(Decrease)/increase in creditors
**Net cash provided by operations**
**ANALYSIS OF CHANGES IN NET FUNDS/(DEBT)**
**Net cash**
Cash at bank and in hand
**Debt**
Debts falling due after 1 year
**Total**|**FT**
At 1.4.22
£
**1,527,410**
**1,527,410**
**(200,000)**
**(200,000)**
**1,327,410**|**2023**
**£**
**62,207**
**38,620**
**(384)**
**46,773**
**(86,919)**
**60,297**
Cash flow
£
**99,191**
**99,191**
**(1,450,000 )**
**(1,450,000 )**
**(1,350,809 )**|2022
£
148,689
10,480
(1,043)
28,802
120,713
307,641
**At 31.3.23**
**£**
**1,626,601**
**1,626,601**
**(1,650,000 )**
**(1,650,000 )**
**(23,399)**|
|---|---|---|---|
**2. ANALYSIS OF CHANGES IN NET FUNDS/(DEBT)**
The notes form part of these financial statements
Page 15
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income:
Voluntary income is received by way grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. When donors impose conditions the income is deferred and not included in incoming resources until the preconditions for use have been met.
When donors impose conditions the income is deferred and not other LA grants, whether ‘capital’ grants or ‘revenue’ grants, are any performance conditions attached to the grants have been met, activities include rent and housing benefits receivable and are included at the value to the charity where this can be expenditure as soon as there is a legal or constructive obligation that a transfer of economic benefits will be required in settlement Expenditure is accounted for on an accruals basis and has been the category. Where costs cannot be directly attributed to particular consistent with the use of resources. The irrecoverable element costs associated with generating incoming resources from all This currently includes property costs associated with the activities" include all the resources applied by the charity in good quality temporary accommodation and quality support and male victims of domestic who are homeless
Income from government and other LA grants, whether ‘capital’ grants or ‘revenue’ grants, are recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Incoming resources from charitable activities include rent and housing benefits receivable and support charges receivable and are recorded in the Statement of Financial Activities in the year in which they are receivable.
Investment income is included when receivable.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these financial statements.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. The irrecoverable element of VAT is included with the item of expense to which it relates.
" Costs of raising funds" include costs associated with generating incoming resources from all sources other than from undertaking charitable activities. This currently includes property costs associated with the social investment properties owned by WHAG.
" Resources expended on charitable activities" include all the resources applied by the charity in its undertaking to meet the charitable objectives of providing good quality temporary accommodation and quality support services to vulnerable women aged 16 plus and their children and male victims of domestic violence, who are homeless and/or threatened with homelessness or experiencing domestic violence.
" Support costs" include those costs incurred in the governance of the charity's assets and are associated with constitutional requirements.
## **Government grants - covid 19**
Government grants are recognised when there is reasonable assurance that the charity will comply with the conditions attaching to the grant and the grant will be received.
Following the outbreak of the Covid-19 Pandemic the company furloughed members of staff and took advantage of the government job retention scheme. Grant income is accrued for in the period matching the period the wages were due for. The charity also received Covid-19 grants from the local authority to assist their service users and staff to cope with the additional aspects Covid-19 has inflicted.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Freehold property|- 2% on cost|
|---|---|
|Improvements to leasehold property|- Straight line over 5 years|
|Fixtures and fittings|- 20% on reducing balance|
Page 16
continued...
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **1. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
Computer equipment
- 20% on cost
The leasehold property improvements are written off over the period of the lease which is 5 years.
Where assets are purchased for use by a beneficiary they are written off in the year of purchase.
If an asset is valued at less than £1000, it is not capitalised but written off in the year of purchase.
At each balance sheet date, the Charity reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the assets, the Company estimates the recoverable
amount of the cash-generating unit to which the asset belongs.
an asset is estimated to be less that its carrying amount, the subsequently reverses, the carrying amount of the asset is increased to have been determined (net of depreciation) had no impairment investments are used as social housing and as such is treated as a social depreciation is provided over it's expected useful life. The reverses, the carrying amount of the asset is increased to have been determined had no impairment loss be recognised for set aside at the discretion of the directors out of unrestricted for particular restricted purposes within the objects of the
If the recoverable amount of an asset is estimated to be less that its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.
Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount and would have been determined (net of depreciation) had no impairment loss be recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.
## **Social investments**
The properties held under investments are used as social housing and as such is treated as a social investment. It is treated similar to plant and equipment; depreciation is provided over it's expected useful life. The current rate is 2% pa on a reducing balance.
Where an impairment subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount and would have been determined had no impairment loss be recognised for the asset in prior years. A reversal of impairment loss is recognised as income immediately.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds are funds set aside at the discretion of the directors out of unrestricted general funds and intended for specific future purposes or projects.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Operating leasing commitments**
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged as an expense as incurred.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable conmpany's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial instruments**
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## 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.
continued...
Page 17
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **1. ACCOUNTING POLICIES - continued**
## **Financial instruments**
## Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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. The bank loan is disclosed as being due after more than one year and secured by a fixed charge over the social investment properties bought with the loan, and a fixed charge over the Rent bank account used to drawdown the loan.
|**DRAFT**
**CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY**
In the process of applying the entity's accounting policies management have not made any judgements that
significant effect on the amounts recognised in the financial statements. No estimations have been made that
significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the
year.
**DONATIONS AND LEGACIES**
**2023**
**£**
Donations
**12,058**
Grants
**307,013**
**319,071**
Grants received, included in the above, are as follows:
**2023**
**£**
Complex Needs PANNE Cheshire
**63,000**
Other samll grants
**2,113**
St Martins
**-**
Eaton Fund
**5,000**
CWAC Therapy Grant
**36,150**
Action Together Grant
**2,500**
Children in Need
**-**
Glasspool Grant
**-**
GM Chamber
**-**
CWAC Household Support
**70,000**|
would hav
would hav
next finan
2022
£
9,536
179,009
188,545
2022
£
60,997
-
412
1,050
-
-
35,000
200
750
60,000|
|---|---|
|CWAC Winter Poverty Fund
**-**|20,600|
|GMCA Target Hardening
**8,250**|-|
|Burdens Funding
**110,000**|-|
|Westminster Grant
**10,000**|-|
|**307,013**|179,009|
## **2. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY**
In the process of applying the entity's accounting policies management have not made any judgements that would have a significant effect on the amounts recognised in the financial statements. No estimations have been made that would have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
## **3.**
continued...
Page 18
## **WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **4. INVESTMENT INCOME**
|**4.**
**INVESTMENT INCOME**|**4.**
**INVESTMENT INCOME**|**4.**
**INVESTMENT INCOME**|**4.**
**INVESTMENT INCOME**|**4.**
**INVESTMENT INCOME**|
|---|---|---|---|---|
|**DRAFT**
**2023**
2022
**£**
£
Rents received
**11,608**
13,578
Investment rent and housing benefit received
**42,540**
-
Deposit account interest
**384**
1,043
**54,532**
14,621
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
**2023**
2022
Activity
**£**
£
Rent and housing benefit
receivable
Charitable Activities
**1,033,635**
854,076
Support charges
Charitable Activities
**924,333**
999,149
**1,957,968**
1,853,225
**6.**
**RAISING FUNDS**
**Raising donations and legacies**
**2023**
2022
**£**
£
Investment related costs
**71,823**
864
Investment related costs comprise of repairs, maintenance, cleaning and other related costs on the charity's investment
properties.
**7.**
**CHARITABLE ACTIVITIES COSTS**
Support
Direct
costs (see
Costs
note 8)
Totals
£
£
£
Charitable Activities
**2,174,437**
**33,300**
**2,207,737**
**8.**
**SUPPORT COSTS**
Governance
Finance
costs
Totals
£
£
£
Charitable Activities
**7,300**
**26,000**
**33,300**|||||
|**DR**
Charitable Activities
**8.**
**SUPPORT COSTS**
Charitable Activities|Direct
Costs
£
**2,174,437**
Finance
£
**7,300**|Support
costs (see
note 8)
£
**33,300**
Governance
costs
£
**26,000**|Totals
£
**2,207,737**||
|||||Totals
£
**33,300**|
||||||
|**8.**|Charitable Activities
**SUPPORT COSTS**
Charitable Activities|**DR**|Direct
Costs
£
**2,174,437**
Finance
£
**7,300**|Support
costs (see
note 8)
£
**33,300**
Governance
costs
£
**26,000**|Totals
£
**2,207,737**
Totals
£
**33,300**|
|---|---|---|---|---|---|
|||||||
|**9.**|**NET INCOME/(EXPENDITURE)**|||||
||Net income/(expenditure) is|stated after charging/(crediting):||||
|||||**2023**|2022|
|||||**£**|£|
||Depreciation - owned assets|||**9,768**|9,845|
||Auditors remuneration|||**8,520**|8,100|
||Auditors remuneration - Accountancy|||**4,380**|4,920|
||Provision against social investment|||**28,865**|635|
continued...
Page 19
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
One trustee received remuneration for services other than as a trustee. The remuneration including pension amounted to £56,871 (2022 - £21,682). In addition there was a salary scheme loan. The balance outstanding at the year end was £721 repayable by 31 March 2024 (2022 - £600).
No other trustee received remuneration or benefits (2022 - £Nil).
## **Trustees' expenses**
No trustees expenses were paid in the year (2022 - £Nil).
## **11. STAFF COSTS**
|**DRAFT**
**2023**
**£**
Wages and salaries
**1,264,453**
Social security costs
**97,583**
Other pension costs
**22,207**
**1,384,243**
The average monthly number of employees during the year was as follows:
**2023**
Admin and management
**15**
Support
**41**
**56**
No employees received emoluments in excess of £60,000.
The average weekly number of employees during the year is calculated on the basis of full time equivalents.
The combined salaries of the CEO, Administration and Finance Manager, and the Operations Manager wer
the year (2022 - £123,409).
**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
153,545
35,000
**Charitable activities**
Charitable Activities
1,853,225
-
Investment income
14,621
-
Other income
19,351
-
**Total**
2,040,742
35,000
**EXPENDITURE ON**
Raising funds
864
-
**Charitable activities**
Charitable Activities
1,843,012
83,177
**Total**
1,843,876
83,177
**NET INCOME/(EXPENDITURE)**
196,866
(48,177)||2022
£
1,081,975
75,149
15,011
1,172,135
2022
14
37
51
£144,300 f
Total
funds
£
188,545
1,853,225
14,621
19,351|
|---|---|---|
||||
||e||
|||2,075,742|
|||864
1,926,189|
|||1,927,053|
|||148,689|
The combined salaries of the CEO, Administration and Finance Manager, and the Operations Manager were £144,300 for the year (2022 - £123,409).
continued...
Page 20
## **WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**DRA**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**13.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2022 and 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**COST**
At 1 April 2022 and 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022||**FT**
Unrestricted
Restricted
Total
funds
funds
funds
£
£
£
1,279,905
133,309
1,413,214
1,476,771
85,132
1,561,903
Improvements
Improvements
to
to
Freehold
freehold
leasehold
property
property
property
£
£
£
**157,000**
**236,732**
**59,000**
**12,560**
**18,877**
**59,000**
**3,140**
**4,735**
**-**
**15,700**
**23,612**
**59,000**
**141,300**
**213,120**
**-**
144,440
217,855
-
Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
**17,357**
**34,136**
**504,225**
**15,803**
**30,974**
**137,214**
**311**
**1,582**
**9,768**
**16,114**
**32,556**
**146,982**
**1,243**
**1,580**
**357,243**
1,554
3,162
367,011|
|---|---|---|
||||
continued...
Page 21
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **14. SOCIAL INVESTMENTS**
|**14.**|**SOCIAL INVESTMENTS**|||
|---|---|---|---|
||||Other|
||||investments|
||||£|
||**MARKET VALUE**|||
||At 1 April 2022||**35,110**|
||Additions||**1,411,490**|
||At 31 March 2023||**1,446,600**|
||**PROVISIONS**|||
||At 1 April 2022||**4,008**|
||Provision for year||**28,852**|
||At 31 March 2023||**32,860**|
|**15.**
**16.**|**DRAFT**
**NET BOOK VALUE**
At 31 March 2023
**1,413,740**
At 31 March 2022
31,102
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2023**
2022
**£**
£
Trade debtors
**22,427**
56,515
Other debtors
**4,989**
600
Prepayments and accrued income
**50,398**
67,472
**77,814**
124,587
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2023**
2022
**£**
£
Trade creditors
**70,643**
113,562
Social security and other taxes
**16,105**
15,849
Other creditors
**25,000**
25,000
Pension creditor
**3,441**
3,043
Accruals and deferred income
**86,099**
130,753
**201,288**
288,207
Deferred income relates to amounts received for future periods. At the year end it amounted to £20,000 (2022 - £15,606).|||
continued...
Page 22
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **17. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
|||**2023**|2022|
|---|---|---|---|
|||**£**|£|
|Other loans (see note|18)|**1,650,000**|200,000|
## **18. LOANS**
Other loans of £1,650,000 (2022 - £200,000) are secured by a fixed charge on the social investment properties purchased and the Rent bank account.
The loan is repayable in full by September 2033. Interest is paid quarterly based on the net of income, repairs, insurance and management costs of the social investment properties purchased.
## **19. LEASING AGREEMENTS**
|**DRAFT**
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years
In more than five years
Some of the leasing agreements are on a rolling term and either the lessee or the lessor ca
giving a months notice, therefore the commitment at the year end is a monthly rent payment.|**2023**
2022
**£**
£
**21,308**
119,036
**647,409**
255,000
**-**
155,550
**668,717**
529,586
n cancel the rental agreem|2022
£
119,036
255,000
155,550|
|---|---|---|
|||529,586|
Some of the leasing agreements are on a rolling term and either the lessee or the lessor can cancel the rental agreement giving a months notice, therefore the commitment at the year end is a monthly rent payment.
continued...
Page 23
## **WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **20. MOVEMENT IN FUNDS**
|**DRA**
At 1.4.22
£
**Unrestricted funds**
General fund
**1,172,659**
IT Replacement fund
**15,000**
Property maintenance fund
**10,000**
Building fund
**65,310**
Head office running costs
**135,800**
Business development post
**38,000**
Voluntary Co-ordinator post
**40,000**
**1,476,769**
**Restricted funds**
White ribbon
**355**
CWaC Play Therapy
**1,325**
GMP Rochdale Strive funding
**3,505**
Knitting Nans - Children
**386**
Festival Church - Beautiful Project
**250**
Womens Aid - Trauma
**275**
CCF Grant
**1,464**
Windfall grant
**35,425**
MHCLG
**11,196**
Sports England Fund
**650**
CCF/S Morgan Fund
**610**
L Michie Fund
**756**
DEFRA
**16,930**
Womens Activities
**12,007**
GMCA Target Hardening
**-**
Eaton Fund
**-**
**85,134**
**TOTAL FUNDS**
**1,561,903**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
CWaC Play Therapy
CCF Grant
MHCLG
CCF/S Morgan Fund
L Michie Fund
DEFRA
GMCA Target Hardening
Eaton Fund
**TOTAL FUNDS**|**FT**
Net
movement
in funds
£
**75,370**
**-**
**-**
**-**
**-**
**-**
**-**
**75,370**
**-**
**(1,325)**
**-**
**-**
**-**
**-**
**(1,065)**
**-**
**(2,283)**
**-**
**(776)**
**(756)**
**(16,930)**
**-**
**8,250**
**1,722**
**(13,163)**
**62,207**
Incoming
resources
£
**2,328,517**
**-**
**-**
**-**
**-**
**-**
**-**
**8,250**
**5,000**
**13,250**
**2,341,767**|Transfers
between
funds
£
**(6,366)**
**-**
**-**
**-**
**84,200**
**(38,000)**
**(40,000)**
**(166)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**166**
**-**
**-**
**-**
**-**
**-**
**166**
**-**
Resources
expended
£
**(2,253,147 )**
**(1,325)**
**(1,065)**
**(2,283)**
**(776)**
**(756)**
**(16,930)**
**-**
**(3,278)**
**(26,413)**
**(2,279,560 )**|At
31.3.23
£
**1,241,663**
**15,000**
**10,000**
**65,310**
**220,000**
**-**
**-**
**1,551,973**
**355**
**-**
**3,505**
**386**
**250**
**275**
**399**
**35,425**
**8,913**
**650**
**-**
**-**
**-**
**12,007**
**8,250**
**1,722**
**72,137**
**1,624,110**
Movement
in funds
£
**75,370**
**(1,325)**
**(1,065)**
**(2,283)**
**(776)**
**(756)**
**(16,930)**
**8,250**
**1,722**
**(13,163)**
**62,207**|
|---|---|---|---|
continued...
Page 24
## **WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **20. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**DRA**
**Unrestricted funds**
General fund
IT Replacement fund
Property maintenance fund
Building fund
Head office running costs
Business development post
Voluntary Co-ordinator post
**Restricted funds**
White ribbon
CWaC Play Therapy
GMP Rochdale Strive funding
Knitting Nans - Children
Festival Church - Beautiful Project
Womens Aid - Trauma
CCF Grant
Womens Group work
Windfall grant
MHCLG
PCC Halton MHCLG
Sports England Fund
CCF/S Morgan Fund
L Michie Fund
DEFRA
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Building fund
**Restricted funds**
CWaC Play Therapy
Womens Group work
Windfall grant
MHCLG
PCC Halton MHCLG
CCF/S Morgan Fund
L Michie Fund
DEFRA
Children In Need
**TOTAL FUNDS**|**FT**
At 1.4.21
£
979,431
15,000
10,000
61,674
135,800
38,000
40,000
1,279,905
355
1,550
3,505
386
250
275
1,464
12,143
47,500
30,641
10,650
650
2,614
1,326
20,000
133,309
1,413,214
Incoming
resources
£
2,036,242
4,500
2,040,742
-
-
-
-
-
-
-
-
35,000
35,000
2,075,742|Net
movement
in funds
£
193,228
-
-
3,636
-
-
-
196,864
-
(225)
-
-
-
-
-
(136)
(12,075)
(19,445)
(10,650)
-
(2,004)
(570)
(3,070)
(48,175)
148,689
Resources
expended
£
(1,843,014 )
(864)
(1,843,878 )
(225)
(136)
(12,075)
(19,445)
(10,650)
(2,004)
(570)
(3,070)
(35,000)
(83,175)
(1,927,053 )|At
31.3.22
£
1,172,659
15,000
10,000
65,310
135,800
38,000
40,000
1,476,769
355
1,325
3,505
386
250
275
1,464
12,007
35,425
11,196
-
650
610
756
16,930
85,134
1,561,903
Movement
in funds
£
193,228
3,636
196,864
(225)
(136)
(12,075)
(19,445)
(10,650)
(2,004)
(570)
(3,070)
-
(48,175)
148,689|
|---|---|---|---|
Page 25
continued...
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **20. MOVEMENT IN FUNDS - continued**
## **Transfers between funds**
The transfers between funds mainly relate to movements on designated funds following the designation by the trustees. There were three transfers on restricted funds, these were to cover a restricted deficit which was covered by unrestricted funds in the same geographical area.
## **21. RELATED PARTY DISCLOSURES**
A CIC Company called "UP", but registered as "WHAG Community Enterprises CIC" (WHAG CIC) is closely linked to WHAG charity, this ceased in November 2022. During the year WHAG invoiced £90 to "UP". At 31st March 2023 included in Debtors was £57 relating to "UP".
Ms Hazel Waddington is a trustee for both WHAG and a director of WHAG CIC.
Office is also a director on the board in 2005, as funds set aside for the replacement equipment replaced in 2017. Due to the purchase of the new head in 2012 with a view to the charity investing in rental property. intention to purchase another if a suitable investment is available.
K Rhodes-Dawson, who is the Chief Executive Office is also a director on the board of WHAG CIC and a Trustee of WHAG during the year. More related party details in Note 10.
## **22. UNRESTRICTED FUNDS**
IT Replacement fund
This was originally designated in 2005, as funds set aside for the replacement of IT systems and maintenance. The server was replaced during 2014 and IT equipment replaced in 2017. Due to the purchase of the new head office and equipment, this funding was allocated, but the trustees have considered it prudent to designate £15,000 going forward.
Property Maintenance fund
The Trustees consider it prudent to designate £10,000 per annum on a 3 year property maintenance fund.
Building fund
The building fund was established in 2012 with a view to the charity investing in rental property. In 2013 a property was purchased and it is the Trustees intention to purchase another if a suitable investment is available. The property purchased is currently classified as a social investment. Movement on the fund reflects rental income and costs for the year.
Head office running costs
The trustees have designated £220,000 towards future running costs of the new head office.
## **23. RESTRICTED FUNDS**
White Ribbon
Funding received from Bury Council to buy emergency bags (packs) for women fleeing / experiencing domestic violence.
CWaC Play Therapy £5,000 was provided to help with the play therapy scheme at Ellesmere Port Refuge Project.
GMP Rochdale STRIVE
£4,498 was provided by Greater Manchester Police in relation to Rochdale STRIVE victims for Women's Housing Action Group to provide "peer to peer" sessions.
## Knitting Nans- Children
£263 was provided by "Knitting Nans" in respect of children in previous years, and an additional £123 was provided this year.
## Festival Church
Restricted to provide beauty therapy sessions for the residents in CWaC refuge.
## Womens Aid - Trauma
Restricted to provide a safe space and improve quality of life for residents in CWaC refuge.
## Cheshire Community Foundation (CCF)
Restricted funding towards play therapy in the CWaC refuge, dispersed properties and in resettlement.
Womens Group Work
Restricted to fund specific womens group work
Page 26
continued...
**WHAG**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **23. RESTRICTED FUNDS - continued**
Windfall Fund
The Windfall grant received is to support a Play Worker at CWaC premises over a three year period from when the position is filled.
MHCLG Grant
Restricted funding from Cheshire West and Chester authority to support WHAG's additional expenditure for client wellbeing, and also for safe working and living environments for all staff and service users during Covid-19.
Sports England Fund
Funding received in Rochdale to purchase bikes and accessories for service users to promote active life and mental wellbeing during Covid-19.
CCF/S Morgan Fund
These combined funding streams are to provide wifi availability and any additional Covid-19 expenditure across all WHAG's properties throughout CWaC. L Michie Fund
- victims of Domestic abuse in the Chester area for items such
- to increase security measures on properties to ensure clients feel
Donation to renovate an area for teenagers within the current playroom for service users in CWaC.
DEFRA
Funding from CWaC to support victims of Domestic abuse in the Chester area for items such as food and essential items when needed.
GMCA Target Hardening Fund
This fund is to be utilised to increase security measures on properties to ensure clients feel safe in their own houses, purchasing items such as window locks, bolts, window alarms and safety bars.
Eaton Fund
Grant received to improve client quality of life, and making home life safer and enable independent living.
Page 27
## **WHAG**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
|**DRAFT**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Investment income**
Rents received
Investment rent and housing benefit received
Deposit account interest
**Charitable activities**
Rent and housing benefit receivable
Support charges
**Other income**
Training fees receivable
Sundry income
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Investment related costs
**Charitable activities**
Wages
Social security
Pensions
Rent, rates and service charges
Insurance
Heat, light and water
Telephone
Printing, postage and stationery
Staff travel and subsistence
Sundries
Healthcare
Recruitment, training and related costs
Repairs, maintenance and cleaning
Tenants' activities and support
Grant repaid
Bad debts
Freehold property
Long leasehold
Fixtures and fittings
Carried forward|2023
£
**12,058**
**307,013**
**319,071**
**11,608**
**42,540**
**384**
**54,532**
**1,033,635**
**924,333**
**1,957,968**
**7,502**
**2,694**
**10,196**
**2,341,767**
**71,823**
**1,264,453**
**97,583**
**22,207**
**335,179**
**12,055**
**71,162**
**20,208**
**15,053**
**11,133**
**6,370**
**3,119**
**33,824**
**216,119**
**25,984**
**429**
**939**
**3,140**
**33,587**
**311**
**2,172,855**|2022
£
9,536
179,009|
|---|---|---|
|||188,545
13,578
-
1,043|
|||14,621
854,076
999,149|
|||1,853,225
2,488
16,863|
|||19,351|
|||2,075,742
864
1,081,975
75,149
15,011
301,868
8,762
77,445
24,310
8,081
9,618
7,198
2,850
28,815
215,632
27,707
9,239
-
3,140
5,370
388
1,902,558|
This page does not form part of the statutory financial statements
Page 28
## **WHAG**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2023**|||
|---|---|---|
|**T**
**Charitable activities**
Brought forward
Computer equipment
**Support costs**
**Finance**
Bank charges
**Governance costs**
Accountancy fees
Audit fee
Legal and professional fees
Total resources expended
**Net income**|2023
£
**2,172,855**
**1,582**
**2,174,437**
**7,300**
**4,380**
**8,520**
**13,100**
**26,000**
**2,279,560**
**62,207**|2022
£
1,902,558
1,582|
|||1,904,140
507
4,920
8,100
8,522|
|||21,542|
|||1,927,053|
|||148,689|
This page does not form part of the statutory financial statements
Page 29