COMPANY REGISTRATION NUMBER: 03152590 CHARITY REGISTRATION NUMBER: 1084854 Bawso Limited Company Limited by Guarantee Financial Statements 31 March 2024 WALTER HUNTER & CO LIMITED Chartered accountants & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF
Bawso Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members 10 Statement of financial activities (including income and expenditure account) 14 Statement of financial position 15 Statement of cash flows 16 Notes to the financial ststements 17
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2024. Chair's report Bawso continues to make a difference in the lives of people that access its services, we wouldn't be able to continue doing this without the help of our staff. volunteers and partners and funders. Recovering from Impact of COVID 19, Bawso focussed on increasing funding and keeping service users and staff safe. We adjusted quickly and redirected human and financial resources to realign our governance and our core operations to hybrid working and remodelled services to ensure the delivery of safe, efficient, and effective frontline. Hybrid working has meant culture and structural changes with work across the organisation. This transition is ongoing and we are still learning from it. In financial year 2023 to 2024, we are pleased to report that Bawso handled over 4,000 advice calls, over 1,000 accessed our helpline, around 3,000 received one-to-one support and we reached out to 600 members of the community during the UN Day events. There was a 50/0 decrease in the funding this is due to a capital grant received the year before. In the same year number of staff turnover was 5 % which is well below the national average for the public sector. The new project we had that year was the BME Oral Stories and additional support for victims who have no recourse to public funds. We have successfully hosted our flagship events" Forced Marriage Remembrance Day, Imiite Ribbon Day - Light the candle event and Zero Tolerance to FGM Day. There has been an increase in the number of participations during those events. We were successful in obtaining the ISO 9001. ISO 14001 and ISO 45001accreditation and Cyber Security Essential Plus. Our Board met every quarter and the sub committees also continued to meet! Thank you, colleagues and board members who left Bawso last year. We are looking forward to redefining our intemal and external environment to continuously improve our services and great organisation for the ServIS and staff. .--,11. Mutsle Merrill OBE - Chair
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Reference and administrative details Registered charity name Bawso Limited Charity registration number 1084854 Company registration number 03152590 Principal office and registered Unit 4 Sovereign Quay office Havannah Street Cardiff CF10 5SF Wales The trustees Mutale Merrill OBE- Chair Michael Murray - Treasurer Mwape Burke Jennifer Fletcher Tahmina Khan Rachel McDonald Sian Morgan Shaheen Munsif Cynthia Ogbono Giovanni Riva Pauline Walker Company secretary Pauline Walker Auditor Jonathan Rhodes Bsc BFP FCA (Senior Statutory Auditor) Walter Hunter & Co Limited Chartered accountants & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Structure, governance and management 1.0 Leadership & Management A Board of Trustees is an appointed or elected group of individuals that has overall responsibility for the management of an organization. The board of trustees is typically the governing body of an organization and seeks to ensure the best interest of stakeholders in all types of management decisions. In Bawso, our board of trustees is a mixture of professionals, community leaders and ex-service users and former staff members. They all represent the nature of the people that we support. Bawso, being a for and by organisation, has a board that is reflective of the people that we serve. All these individuals have been selected to suit the skills that are required to run the organisation. They bring a wide range of finance, management and governance skills acquired in different sectors, including law, finance, international development, management consultancy, health board and NHS. Our Senior Management Team comprises the Chief Executive and 8 senior Heads of Department. They are multi-skilled specialists with many years, experience, who have been dedicating their professional lives to Bawso. Their expertise ranges from leading large teams and managing front-line services to developing strategies. They also have proven expertise in building coalitions and leading change. For example, Bawso sits on the violen Against Women Domestic Abuse Sexual Violence (VAWDASV) National Partnership Board who are responsible for implementing the Welsh Government VAVVDASV Strategy. 2.0 Partnership working Bawso has benefitted from collaborative working, where we have worked with other partners in the sector to achieve our goals. As a a single organisation, we may have the expertise but limited resources, but working in partnership has accorded us that extra boost to give a robust and meaning response to our BAME Servi users. In Cardiff we offer all domestic abuse ServIS as part of a consortium with other partners, in a seven-year partnership fijnded by the local authority. The RISE project is the main Servi delivery body for ServIS to all victims of VAWDASV in Cardiff. We bring our unique specialism and expertise to the North Wales One Stop Shop. In Newport with deliver the BME Domestic Abuse Newport Floating Support Service in partnership with Llamau.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Objectives and activities 3.0 Service Delivery BAWSO support people from Black and Ethnic Minority backgrounds who are affected by domestic abuse and other forms of abuse. including Female Genital Mutilation, Forced Marriage, Human Trafficking & Prostitution. BAWSO currently runs 36 projects across Wales through the provision of purpose built refuges, safe houses, and an extensive Outreach & Resettlement Programme and Floating Support Programme. We provide support, advice and information from our offices in Cardiff, Merthyr Tydfil, Newport, Swansea and Wrexham. Last year we handled over 4,000 advi calls, over 1,000 accessed our helpline, around 3,000 received one to one support and we reached out to 600 members of the community during the UN Day events. We intervene at the earliest opportunity to protect people at risk of violence and support those who are affected by it, accompanying them on a journey towards safety and recovery. We do this by delivering specialist ServIS that are accessible 24[7, 365-day a year, via our Helpline, Advice and Advocacy open door centres, purpose-built refuges, and community-based services. We offer housing advice and support services to victims of Violen and contribute to women not becoming repeated victims by building their confidence, assertiveness, and understanding of their rights. We support them to recover from the trauma they have experienced and to move on with their lives. We also reduce the barriers BAME women face in accessing statutory services by training practitioners on the needs and experiences of BAME women. Finally, we work with BAME communities to challenge harmful traditional practices and change attitudes that allow abuse to continue to go unreported. 3.1 Protection and Support for victims of all forms of Violence Against Women 3.1.1 Advice and housing support We provide practical and emotional support to families at risk of becomirrg homeless due to domestic abuse and to manage their accommodation and live independently and inclusively in the community- We offer advi on their entitlements, applying for benefits, signposting, and making referrals to other agencies. We also provided advice and training and run a 2417 Helpline. In 2022123, we took 6,435 advi calls compared to 4310 in 2023124 a decrease of 33 %. The drop in advice is due to lack of capacity in the project not reduction in demand. We also provided housing-related support to 724 families compared to 551 in the prior year an increase of 31 %. Our intervention is crucially important. 3.1.2 Safe accommodation for victims of domestic abuse Our purpose-built refuges are specially adapted to meet the cultural and religious needs of service users. We deliver all our interventions in collaboration wrth setvice users with the aim of providing both choice and control over arrangements. Creating a safe environment and providing support to children is an integral part of Bawso services. In 202312024 we accommodated 98 women and 70 children and in 2022123 we accommodated 101 women and 54 children which is a decrease of 3 % in the number of women supported. This is not a reflection on the demand but the lack of move on accommodation which is causing bed blocking.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 3.1.3 Outreach Support for women at high risk in rural areas Highly trained, specialist workers provide outreach support to victims who are most at risk. In partnership with a range of agencies they address practical steps to protect victims and their children and identify longer-term solutions. In 2023124 we supported 181 victims compared to 274 the prior year. The decrease is a third which is due to additional projects in North Wales which easing the pressure of the outreach project. 3.1.4 Services for victims of Human Trafficking and Modem Slavery Bawso's Modern Slavery and Human Trafficking support and safe accommodation Services are provided through the Diogel Project. The Welsh Government funds Bawso to carry out this work in North Wales. Traffickers use force, fraud, or coercion to lure their victims and compel them into labour or commercial sexual exploitation. Bawso works closely with the Police and Border Force, and under the auspices of The Salvation Amiy, to support victims who are invariably extremely traumatised, some of whom access the National Referral Mechanism and others who remain outside it. We provide practical and emotional support. This includes support with legal prOedIngS, aCsS psychotherapy ServIS and pregnancy-related support, integration into the local community, and acquiring life skills. In 202312024, we supported 327 menlwomen compared to 336 in 2022123. This is a 30/0 decrease which is due to home office decisions made on long term pending cases. 3.1.5 Services for women and families affected by Female Genital Mutilation (FGM), Forced Marriage (FM) and Honour Based violen (HBV) We are the leading organisation in Wales providing services to BAME women and families affected by FGM, FM and HBV. We provide one-to-one specialist, holistic and culturally competent support and advocacy that meet the physical, emotional and mental health needs of BAME women and girls. We work very closely with Children's Services to protect children at risk. We also run support peer-groups for survivors. Bawso Co-chairs the Welsh Government All Wales HBV Leadership Group. Through our activities during 202212023 we reached out to 575 individuals. In 202312024 we reached out to 173 individuals. These projects usually vary in size and area year on year due to the short term nature of the funding. 3.1.6 Support for Migrant Victims with No Recourse to Public Funds In April 2021, Southall Black Sisters and partners across the UK were awarded funds to operate the Support for Migrant Victims Scheme (SMV)), a one-year project to provide temporary support migrant survivors of abuse and to build a better understanding of their needs. Bawso is a partner in this project, supporting victims of Violence Against Women Domestic Abuse Sexual Violence (VAWDASV) with No recourse to Public Funds (NRPF) in Wales. This project has since been extended for a further o years. Priority is to be given to those survivors who do not currently have an established route to settlement although in some exceptional circumstances bridging support will be available to those who are otherwise eligible for the DDVC concession, asylum support, local authority or other state assistance The number of migrants supported increased from 58 to 65 during the year. The reduction in the number supported is not a reflection of demand.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 3.1.7 Wales Sanctuary Service The Welsh Governments Inclusion Fund funded via the Welsh Refugee Council has provided community based raise awareness about all forms of Violence Against Women to Asylum Seekers and Refugees across Wales. The project supported 84 womenlmen compared to 64 the year before. This is an increase of 310/0. North Wales is a dispersal area so the demand is increasing year As the demand has increased we are negotiating the prospect of expanding the project. 3.2 Prevention of re-victimisation.. Recovery and Empowerment servIs Recovery and empowemient ServIS are critically important for victims from minority ethnic backgrounds and migrant and foreign-born women. This may be the first time in their lives that they have a chance to articulate their needs, manage their own finanS, or live independently from an abusive partner, family or controller. They invariably have very limited support neorkS to reply on. They may not be able to access other vital ServIS such as mental health seNices due to stigma and fear. In order to address these needs we offer individual and group-based services to help women recover from trauma. We also offer peer-support and empowerment groups that help women make sense of their experiences and understand what their human rights are. We provide opportunities for service users to regain or reshape their sense of self and capabilities. For example, by encouraging women to get involved in the running of the organisation, from taking part in recruitment panels and focus groups to design new seNices and evaluate current ones. For those women who do not feel able to take part we offer a range of empowerment courses to build their confidence and assertiveness. 3.3 Primary Prevention of Violence Against INomen Bawso is always seeking reSoUrS to strengthen and extend its prevention services designed to increase awareness and challenge attitudes of Violen against women, domestic abuse, and sexual violence across the population. Bawso seeks to avert violence before it occurs through training, awareness campaigns in schools and the community, and interventions designed to stop further acts of Violen and re-victimisation. Where resources allow, counselling services are available. Bawso seeks to use every means possible to change attitudes within black and minoritised communities to harmful cultural praCtiS. Incidences of Violen against women, domestic violence, and sexual abuse continue to increase year on year. Prevention programmes designed to inhibit and thwart this behaviour are crucial if a perpetual increase in support services is to be avoided. We strive to contribute to ending all forms of violence and abuse. To this end we raise awareness of all forms of Violence Against Women through a range of events and campaigns. We also work to change attitudes amongst communities and build the capacity of other service providers to respond to the needs of BAME victims.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 3.3.1 Changing attitudes within BAME Communities We work to change attitudes within communities that traditionally practice Female Genital Mutilation, Forced Marriage, and Honour Based Violence. Our non4ivisive engagement strategies help communities understand that they can preserve positive aspects of their culture while discarding harmful practices. We train community members to become advocates for change and equip young people with tools to keep safe from violen. As a result communities are more aware of relevant legislation and of the risks of harmful traditional practices and more confident to reject them as part of their identity and speak out against them. 3.3.2 Training for frontline workers in public ServIS People from minority ethnic backgrounds often report a lack of understanding of their needs by statutory and voluntary services. They also experience prejudice and judgmental attitudes. At the same time professionals tell us that they need to understand the specific needs of BAME clients and have appropriate tools to support them. We offer training and advi to practitioners in the Health and Education sector, Police, Social Services, Local Authorities and third sector organisations. One example is the IRIS Project. IRIS is a training, support and referral programme in Cardiff and the Vale of Glamorgan, bringing primary care practitioners together to increase their awareness of the circumstances surrounding victims of domestic abuse, to identify victims, and enable them to disclose their circumstances. IRIS refers individuals to those statutory and third sector support services best equipped to help them. In 2022123, we have reached 121 women and this year in has increased to 315. This is an increase of 160/. 4.0 Achievements Bawso has continued to provide quality and safe serVIS to those affected by Violence Against Women Domestic Abuse Sexual Violence (VAWDASV) from BME communities in Wales. This year has been a year of consolidation to sustain existing services. We have launched a Forced Marriage Research. We have also secured funding to capture women's voice as part of a National Heritage Project. 5.0 Financial Review Bawso has always been proactive in ensuring that it actively foresees change and addresses it effectively when it arrives. The organisation has undertaken several organisational reviews in the past in anticipation of very significant growth in the activity and size of the organisation. This has strengthened the organisational structure of the charity and ensured that key management processes are robust and effective. However, this year Bawso faced a different challenge - Rising cost of living. The rise in utility cost has increased our cost of running offIS and refuge accommodations. The increase in cost of living has affected our staff which led to losing staff to higher paid jobs. It has been a difficult year for recruitment due to the low salary we offer. We have negotiated with the commissioners to acknowledge the rising cost of living and therefore the need to increase staff salary. Some funders increased the funding for the following year and others allowed us to vere the budget to increase the salary of staff. Following a benchmarking exercise with similar organisations, the salary review proposal was approved. In 202312024 we report a deficit of £194,140. As at 31 March 2024 the charity reports retained reseNes of £1,767,528 represented by £825,138 of unrestricted funds and £942,390 of restricted funds.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 6.0 Plans for the future Diversification of fvnding for non - stalutory work Expansion of Advi and Information Project across Wales Develop a Volunteer Project Increase Wellbeing and development program for service users 7.0 Acknowledgements Home Office Welsh Government Cardiff County Council Newport City Council City and County of Swansea Wrexham County Borough Council Merthyr Tydfil County Borough Council Bridgend County Borough Council Rhondda Cynon Taf County Borough Council Cardiff and Vale University Health Board South Wales Police Gwent Police South Wales PCC North Wales PCC Dyfed Powys PCC Swansea VAVVDASV Gwent VAWDASV Mid and West Wales VAWDASV Salvation Army Esmee Fairbairn Foundation Welsh Refugee Council Coutts Foundation National Heritage Lottery Fund Comic Relief Cardiff Women's Aid Llamau
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 Trustees. responsibilities statement The trustees, who are also directors for the purposes of company law. are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements. the trustees are required to- select suitable accounting policies and then apply them consistently- observe the methods and principles in the applicable Charities SORP- make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor Each of the persons who is a trustee at the date of approval of this report confirms that.. so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware., and they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. A resolution to reappoint Walter Hunter & Co Limited as auditors will be proposed at the forthcoming Annual General Meeting. The trustees. annual report and the strategic report were approved on 11 December 2024 and signed on behalf of the board of trustees by= rri Mutale Merrill OBE - Chair Trustee Michael Murray - Treasurer Trustee
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited Year ended 31 March 2024 Opinion We have audited the financial statements of Bawso Limited (the 'charity') for the year ended 31 March 2024 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally ACpted Accounting Practice). In our opinion the financial statements= give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resources and application of reSoUrs, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally ACpted Accounting Practice., have been prepared in accordan with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordan with International Standards on Auditing (UK) (ISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity 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 accordan with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concem In auditing the financial statements, we have concluded that the trustees, use of the going conrn basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a going concern for a peri(KJ of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going conrn are described in the relevant sections of this report. 10-
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited (continued) Year ended 31 March 2024 Other infomiation The other information comprises the information included in the annual report, other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, expt to the extent otherwise explic1Y 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 misststed. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements" and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustees, remuneration specified by law are not made.. or we have not received all the information and explanations we require for our audit. 11
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited (continued) Year ended 31 March 2024 Responsibilities of trustees As explained more frjlly in the trustees, responsibilities statement, the trustees (who are also the directors 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 charity'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 charity or to cease operations, or have no realistic alternative but to do so. Auditorfs responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonabty be expected to Influen the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below= By enquiring with senior management and those charged with governance all area of risk identified were considered and any potential litigation or claim, if any, were noted Ensuring by enquiry that there were no issues of non-compliance with laws and regulations relating to tax and compliance By obtaining an understanding of the company's policies and procedures on compliance with laws and regulations, and with best accounting practice Noting issues discussed with Directors and the Senior Management Team as this relates to risks faced by the company Reviewing information received from the company's solicitors, if any and discussing their contents with the Directors Reviewing disclosures in the financial statements and testing to supporting documentation to assess compliance with applicable laws and regulations Auditing the risk of management overrides of controls including testing journal entries and other adjustments for appropriateness and evaluating the business rationale of significant transactions outside the normal course of business Through these procedures, we did not become aware of actual or suspected non-compliance. 12-
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited (continued) Year ended 31 March 2024 As part of an audit in accordance with ISAS (UK}, we exercise professional judgment and maintain professional scepticism throughout the audit. We also- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misststement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understsnding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained. whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtsined up to the date of our auditor's report. However, future events or conditions may cause the charity to ase to continue as a going COnM. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial ststements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stste to the charity's members those matters we are required to state to them in an auditorfs 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 charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. JONATHAN RHODES BSC BFP FCA (Senior Statutory Auditor) For and on behalf of Walter Hunter & Co Limited Chartered accountants & statutory auditor 24 Bridge Street Newport South Wales NP20 4SF 11 Dember 2024 13-
Bawso Limited Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities other trading activities Investment income 12,746 2,203,069 14,897 11,425 12,746 4.438,641 14,897 11,425 14,258 4,666,495 24,264 3,336 2,235,572 Total income 2,242,137 2,235,572 4,477,709 4,708,353 Expenditure Expenditure on charitable activities Total expenditure 9,10 2.402.893 2,268.956 4,671,849 4,167,851 2,402,893 2,268,956 4.671,849 4,167,851 Net lexpenditure)lincome (160,756) (33,384) (194,140) 540,502 Transfers beeen funds (33,492) 33,492 Net movement in funds (194,248) 108 (194,410) 540,502 Reconciliation of funds Total funds brought forward Total funds carried forward 1,019,386 942,282 1,961,668 1,421,166 825,138 942,390 1.767,528 1,961,668 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 17 to 37 forni part of these financial statements. 14-
Bawso Limited Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Note Fixed assets Tangible fixed assets Investments 16 17 856,562 825,103 856,563 825,104 Current assets Debtors Cash at bank and in hand 18 694.631 898.959 806,899 874,673 1,593,590 1,681,572 Creditors: amounts falling due within one year Net current assets 19 668.238 520,720 925,352 1,160,852 Total assets less current liabilities 1,781,915 1,985,956 Creditors: amounts falling due after more than one year 20 14,387 24,288 Net assets 1,767,528 1,961,668 Funds of the charity Restricted funds Unrestricted funds 942,390 825,138 1,767,528 942,282 1,019,386 Total charity funds 23 1,961,668 These financial ststements were approved by the board of trustees and authorised for issue on 11 December 2024, and are signed on behalf of the board by.. erri Mutale Merrill OBE - Chair Trustee Michael Murray - Treasurer Trustee The notes on pages 17 to 37 forni part of these financial statements. 15-
Bawso Limited Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2024 2024 2023 Cash flows from operating activities Net (expenditure)lincome (194,140) 540,502 Adjustments for." Depreciation of tangible fixed assets Interest payable and similar charges Accrued expenses 87,278 4,381 13,264 91,286 100 64,865 Changes in." Trade and other debtors Trade and other creditors 112,268 134,254 (17,0281 (92,1731 587,552 Cash generated from operations 157,305 Interest paid 14.381) (100) Net cash from operating activities 152,924 587,452 Cash flows from investing activities Purchase of tsngible assets Proceeds from sale of tangible assets Net cash used in investing activities (118,737) (284,252) 21,377 (118,737) 324,577 Cash flows from financing activities Proceeds from borrowings Proceeds from loans from group undertakings Net cash used in financing activities 19,901) {9,681) {1,142) (10,8231 19,901) Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 24,286 874,673 313,754 560,919 898,959 874,673 The notes on pages 17 to 37 forni part of these financial statements. 16-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General information The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered Offi is Unit 4 Sovereign Quay, Havannah Street, Cardiff, CF10 5SF, Wales. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. The financial ststements are prepared in sterling, which is the functional currency of the entity, rounded to the nearest pound. Going concem There are no material uncertainties about the charity's ability to continue. Consolidation The charity is not required to prepare consolidated accounts in accordance with the Charities Act 2011 and has taken advantage of the option not to prepare consolidated financial statements contsined in Section 398 of the Companies Act 2006 on the basis that the charity and its subsidiary undertakings comprise a small group. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity- Such funds may be held in order to finan both working capital and capital investment. Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them. Any proposed transfer beeen funds would be considered on the particular circumstances. 17-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Accounting policies (continued) Incoming resources All incoming resources are included in the statement of f nancial activities when entitlement has passed to the charity- it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. Legacy income is recognised when receipt is probable and entitlement is established. Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. Income from contracts for the supply of seniices is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. Expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resour. Direct costs attributable to a single activity are allocated directty to that activity. Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets All fixed assets are initially recorded at cost. 18-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Accounting policies (continued) Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Freehold propety Refuge furniture Motor Vehicles offi furniture and computer equipment 2 % p.a. Straight line 330/0 p.a. Straight line 250/0 p.a. Straight line 33 % p-a. Straight line Investments Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment. Impairnient of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. INhere the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. Income tax As a registered charity, the charity is exempt from income tax to the extent that its income and gains are applicable to charitable purposes only. Value added tax is not recoverable by the charity and is therefore included in the relevant costs in the Statement of Financial Activities. Operating leases Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis. 19-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Accounting policies (continued) Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrumenL Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. Limited by guarantee The charity is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter. There are 22 members of the company (2023: 45 members). Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations from Bawso Training and Interpreting servIs Limited (note 28) Donations Membership 1,794 10,557 395 1,794 10.557 395 12,746 12,746 Unrestricted Funds Restricted Total Funds Funds 2023 Donations from Bawso Training and Interpreting servIs Limited (note 28) Donations Membership 7,081 6,827 350 7,081 6,827 350 14,258 14,258 -20-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2024 Cardiff and Vale University Health Board IRIS Project Cardiff County Council Period Poverty Grant 2022- 2023 Comic Relief - Community Experiencing Racial Inequality Coutts Foundation Covid - 19 Big Lottery Bridge to Safety Covid - 19 Comic Relief - Global Majority Cwm Taff HSG BME Project Cwm Taff VAWDASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist INorker Eaton fund grant Esmee Fairbairn - VAWDASV Policy Gwent Regional VAWDASV BME Specialist project Gwent Regional VAWDASV BME Specialist project HSG Direct AcsS HSG Floating Support Lottery Heritage North Wales PCC BAME Engagement NWREN Consult 15-20 NW Group PCC - South Wales BME Group Worker PCC - South Wales BME Youth Worker Rental income Salvation Army - Diogel Project South Vvales Police Tarian ROCU Southhall Black Sisters- Support for migrant victims Swansea VAVVDASV BME Specialist Turn to Us Welsh Government- Capital grant Welsh Government- Children's Funding Welsh Government- Core Funding Welsh Government- Diogel project Welsh Government- Inclusion Fund Welsh Government- North Wales Outreach Servi Welsh Government HBA Training Contract Welsh Government NRPF Welsh Government Wales and Africa Grant Scheme Windrush grant income WWA Period Dignity 72,000 72,000 37,403 37,403 60,000 60,000 10,510 {4,9581 15,881 10,000 10,510 (4,958) 15,881 10,000 34,169 8,552 34,169 8,552 698,012 317,280 43,037 21,000 698,012 317.280 43,037 21.000 27,500 39,538 27.500 39,538 544,532 1,543,368 33,497 174,560 36,832 21,000 10,566 28,175 324,806 73,819 13,661 131,098 544,532 1,543,368 33,497 174,560 36,832 21,000 10,566 28,175 324,806 73,819 13,661 131,098 110,803 110,803 2,000 2,000 2,203.069 2,235,572 4,438,641 21
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Charitable activities (continue Unrestricted Funds Restricted Total Funds Funds 2023 Cardiff and Vale University Health Board IRIS Project Cardiff County Council Period Povety Grant 2022- 2023 Comic Relief - Community Experiencing Racial Inequality Coutts Foundation Covid - 19 Big Lottery Bridge to Safety Covid - 19 Comic Relief - Global Majority Cwm Taff HSG BME Project Cwm Taff VAWDASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist Worker Eaton fund grant Esmee Fairbairn - VAVVDASV Policy Gwent Regional VAWDASV BME Specialist project Gwent Regional VAWDASV BME Specialist project HSG Direct Access HSG Floating Support Lottery Heritage North Wales PCC BAME Engagement NVVREN Consult 15-20 NW Group PCC - South Wales BME Group Worker PCC - South Wales BME Youth Worker Rental income Salvation Army - Diogel Project South Wales Police Tarian ROCU Southhall Black Sisters- Support for migrant victims Swansea VAWDASV BME Specialist Turn to Us Welsh Government- Capital grant Welsh Government- Children's Funding Welsh Government- Core Funding Welsh Government- Diogel project Welsh Government- Inclusion Fund Welsh Government- North Vwdles Outreach Seprfice Welsh Government HBA Training Contract Welsh Government NRPF Welsh Government Wales and Africa Grant Scheme Windrush grant income WWA Period Dignity 72,000 72,000 1,999 1,999 1,675 1,675 50,000 15,356 2,667 29,086 50,000 15,356 2,667 29,086 4,266 22,024 4,266 22,024 44,624 44,624 46,091 694,700 354,785 46,091 694,700 354,785 30,000 2,400 27,500 17,500 30,000 2,400 27,500 17,500 545,147 1,561,741 30,000 203,469 28,892 545,147 1,561,741 30,000 203,469 28,892 265,000 26,650 320,180 90,755 22,735 134,803 12,000 265,000 26,650 320,180 90,755 22,735 134,803 12,000 4,863 4,863 3,587 3,587 2,201,512 2,464,983 4,666,495 -22-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Other trading activities Unrestricted Funds Restricted Total Funds Funds 2024 Room hire Other income 9,370 5,527 9,370 5,527 14,897 14,897 Unrestricted Funds Restricted Total Funds Funds 2023 Room hire Other income 9,340 14,924 9,340 14,924 24,264 24,264 Investment income Unrestricted Funds Restricted Total Funds Funds 2024 Bank interest receivable 11,425 11,425 11,425 11,425 Unrestricted Funds Restricted Total Funds Funds 2023 Bank interest receivable 3,336 3,336 3,336 3,336 -23-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Cardiff City Council - Period Poverty Grant Children's project Comic Relief MOJ Improve safety of victims of abuse Core costs Covid - 19 Projects Cwm Taff VAW DASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist worker Esmee Fairbairn Racialised communities Esmee Fairbairn VAWDASV Floating Support Gwent Regional VAWDASV BME Specialist Iris project Lottery Heritage Fund North Wales Diogel Project North Wales Outreach Service North Wales PCC CF BME Engagement workers North Wales Regional Equalities Network PCC - South Wales BME Youth Project PCC - South Wales RISE BME Group worker Refuge provision South Wales Police Tarian ROCU Southall Black Sisters Support for migrant workers Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant Welsh Government Inclusion Fund Welsh Government VAWDASV HBA Training Welsh Government Wales and Africa Grant Scheme Support costs 28,175 55,407 441,588 28,175 55,407 826,193 384,605 10,510 11,887 11,196 10,510 11,887 11,196 33.365 33,365 304,193 27,409 72,000 37,390 73,819 131,098 22,314 304,193 27,409 72,000 37,390 73,819 131,098 22,314 30,230 27,880 578,917 30,200 168,967 30,230 27,880 2,010,097 30,200 168.967 1.431,180 29,414 409 15,327 29,414 409 15,327 553.743 160,626 714,369 2,402,893 2,268,956 4,671.849 -24-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 Expenditure on charitable activities by fund type {ContinuedJ Unrestricted Funds Restricted Total Funds Funds 2023 Cardiff City Council - Period Poverty Grant Children's project Comic Relief MOJ Improve safety of victims of abuse Core costs Covid - 19 Projects Cwm Taff HSG BME Project Cwm Taff VAW DASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist worker Esmee Fairbairn Racialised Communities Esmee Fairbairn VAWDASV Floating Support Gwent Regional VAWDASV BME Specialist Iris project Lottery Heritage Fund North Wales Diogel Project North Wales Outreach Service North Wales PCC CF BME Engagement workers North Wales Regional Equalities Network PCC - South Wales BME Youth Project PCC - South Wales RISE BME Group worker Refuge provision South Wales Police Tarian ROCU Southall Black Sisters Support for migrant workers Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant Welsh Government Inclusion Fund Welsh Government VAWDASV HBA Training Welsh Government Wales and Africa Grant Scheme Support costs 1,999 26,650 1,675 320,257 18,023 22,608 1,999 26,650 1,675 618,027 18,023 22,608 297,770 2,840 16,923 3,587 2,840 16,923 3,587 44,024 274,148 46,092 64,421 44,024 274,148 46,092 64,421 90,754 134,803 30,000 2,400 21,378 27,500 548,405 29,223 203,468 25,892 90,754 134,803 30,000 2,400 21,378 27,500 1,869,680 29,223 203,468 25,892 1,321,275 27,250 12,000 4,726 145,386 27,250 12,000 4,726 547,760 402,374 2,065,443 2,102,408 4,167,851 -25-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 10. Expenditure on charitable activities by activity type Activities undertaken directly Support Totsl funds costs 2024 Total fund 2023 Cardiff City Council - Period Poverty Grant Children's project Comic Relief MOJ Improve safety of victims of abuse Core costs Covid - 19 Projects Cwm Taff HSG BME Project Cwm Taff VAW DASV BME Project Dyfed Powys PCC Dyfed Powys VAVVDASV BME Specialist worker Esmee Fairbairn VAVVDASV Floating Support Gwent Regional VAWDASV BME Specialist Iris project Lottery Heritage Fund North Wales Diogel Project North Wales Outreach Service North Wales PCC CF BME Engagement workers North Wales Regional Equalities Nelwork PCC - South Wales BME Youth Project PCC - South Wales RISE BME Group worker Refuge provision South Wales Poli Tarian ROCU Southall Black Sisters Support for migrant workers Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant Turn to Us Welsh Government Inclusion Fund Welsh Government Wales and Africa Grant Scheme 1,999 26,650 1,675 28,175 55,407 28,175 57,957 2,550 826,193 278,383 1.104,576 823,848 18,023 29,008 10,510 11,887 11,196 10,510 13,765 16,596 1,878 5,400 4,266 22,024 33,365 304.193 805 5,600 34,170 309,793 34,316 72,000 43,383 73,819 131,098 23,396 44,624 316,394 46,092 71,621 27.409 72.000 37.390 73.819 131,098 22,314 6,907 5,993 90,754 134,803 30,000 1,082 2,400 21,378 30,230 5,690 35,920 27,880 2.393,452 33,497 174,560 27,880 2,010,097 30,200 168,967 27,500 2,144,732 30,000 203,468 383,355 3,297 5,593 29,414 409 7,500 36,914 409 28,892 12,000 3,587 27,250 4,863 15,327 336 15,663 3,957,480 714,369 4.671,849 4,167,851 -26-
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Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 12. Net {expenditurellincome Net {expenditure)lincome is stated after chargingl(crediting).' 2024 2023 Depreciation of tangible fixed assets Operating Leases Fees paid to the auditor (Incl. VAT)= For the audit of the financial statements For non-audit services 87,278 333,322 91,286 288,453 12,361 5,520 11,886 5,040 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2024 2023 Wages and salaries Social security costs Employer contributions to pension plans 2,503,493 222,392 62,205 2,260,225 201,175 55,160 2,788,090 2,516,560 The average head count of employees during the year was 113 (2023.. 109). The average number of full-time equivalent employees during the year is analysed as follows.. 2024 No. 2023 No. Service delivery staff Administrative staff 87 12 84 12 99 96 The number of employees whose remuneration for the year fell within the following bands, were.. 2024 2023 No. No. £60,000 to £69,999 Key Management Personnel The key management personnel of the Charity are those persons having authority and responsibility for planning, directing and controlling the activities of the Charity, directly or indirectly. including any Trustee of the Charity. In addition to the Trustees, key management personnel includes the senior management team. Aggregate remuneration and benefits paid to key management personnel during the year amounted to £400,290 (2023. £375,549). -28-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 14. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. Trustee expenses of £1,689 were reimbursed to bNO trustees during the year in respect of travel and subsistence and accommodation (2023: £nil). 15. Transfers between funds As at 31 March a transfer of restricted funds was made to unrestricted funds this related to projects which were partially funded by unrestricted funds in earlier years. 16. Tangible fixed assets Land and Fixtures and buildings fittings Equipment Total Cost At 1 April 2023 Additions Disposals At 31 March 2024 892,435 900 42,282 19,768 (1,511) 60,539 252,137 98,069 (20,264) 329,942 1,186,854 118,737 (21.775) 1,283,816 893,335 Depreciation At 1 April 2023 Charge for the year Disposals At 31 March 2024 141,469 15.982 28,814 16.163 (1,511) 43,466 191,468 55,133 (20,2641 226,337 361,751 87,278 (21,775 427,254 157,451 Carrying amount At 31 March 2024 735,884 17,073 103,605 856,562 825,103 At 31 March 2023 750.966 13.468 60,669 -29-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 17. Investments Shares in group undertaking Cost At 1 April 2023 and 31 March 2024 Impairnient At 1 April 2023 and 31 March 2024 Carrying amount At 31 March 2024 At 31 March 2023 All investments shown above are held at valuation. Investment entities Subsidiaries and other investments Investments represent the shares held in the trading subsidiary Bawso Training and Interpreting Services Limited. The company was incorporated in England and Wales under the Companies Act 2006 on 4th June 2008. The surpluses of that company have been transferred to Bawso Limited. The company owns 100 % of the issued ordinary share capital of Bawso Training and Interpreting SeNices Limited a company registered in England & Wales company number'.06611138 Registered office address" Unit 4 Sovereign Quay. Havannah Street, Cardiff, CF10 5SF, Wales 2024 2023 Aggregate and Reserves 2024 2023 Profit for the financial year -30-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 18. Debtors 2024 2023 Trade debtors Amounts owed by group undertakings Prepayments and accrued income 615,695 2,918 76,018 694,631 749,098 1,797 56,004 806,899 19. Creditors: amounts falling due within one year 2024 2023 Bank loans and overdrafts Trade creditors Accruals and deferred income Social security and other taxes 9,810 102,791 509,638 45,999 9,810 142,561 327,100 41,249 668,238 520,720 20. Creditors: amounts falling due after more than one year 2024 2023 Bank loans and overdrafts 14,387 24,288 21. Deferred income 2024 2023 Amount deferred in year 169,274 221,679 31
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 22. Pensions and other post-retirement benefrts Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £62.205 (2023: £55.160). 23. Anatysis of charitable funds Unrestricted funds At 1 April 2023 At 31 March 2024 Income Expenditure Transfers General funds 1,019,386 2,242,137 (2.402,893) (33,492} 825.138 1,019,386 2,242,137 (2,402,893) (33,492) 825,138 At 1 April 2022 At 31 March 2023 Income Expenditure Transfers General funds 797,590 2,243,370 (2,065,443) 2,243,370 (2,065,443) 43,869 1,019,386 797,590 43,869 1,019,386 -32-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 23. Anatysis of charitable funds (continued) Restricted funds At 1 April 2023 At 31 March 2024 Income Expenditure Transfers Cardiff City Council - Period Poverty Grant Comic Relief- Community Experiencing Racial Inequality Covid - 19 Big Lottery A bridge to Safety for Black and Ethnic Minority Women Covid 19 Comic Relief Global Majority Cwm Taff HSG BME project Cwm Taff VAWDASV BME Project Dyfed PCC Dyfedd Powys VAWDASV BME Specialist Worker Esmee Fairbairn Racialised communities Gwent Regional VAWDASV BME Specialist Housing Support Grant I RIS Project Lottery Heritage Funds North Wales Freehold Propety North Wales PCC CF BME Engagement workers NVVREN Consult 15-20 NW groups OR PCC- South Wales BME Youth Worker PCC - South Wales Rise BME Group Worker Rocu Tarian MARAC Co ordinator Southall Black Sisters - Support for Migrant Victim Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant Turn to Us Welsh Capital Grant Welsh Government- Children's Funding Welsh Government- Diogel Project Welsh Government- North Wales Outreach Service Welsh Government Core Funding Welsh Government Inclusion fund Welsh Government VAWDASV HBA Training Welsh Government Wales and Africa grant WG Capital Grant 3 - Newport, Swansea, Flintshire Windrush Event 22.895 37,403 (57,958) 2.340 10.510 {4.958) (10,510) (13,765) 22,024 3,301 15.881 (16,596) 715 8,552 {34,316) 1,015,292 (1,002,684) 72,000 (72,000) 43,037 (43,383) 25,764 105,587 118,195 {346) 735.884 750.966 (15,082} 2,400 21,000 (23,396) (4) 39,538 (35,920) (3,618) 27,500 33,497 {27,880) (33,497) 380 174,560 (174,560) 36.832 10.000 (36,914) (409) 82 9,591 50.470 10.565 28.175 73,820 5.416 {28,175) (73,820) 66,451 131,098 435,609 13,661 (131,098) (441,830) (13,661) 6,221 9,964 {2,990) 6,974 2,000 (2,000) 2,235,572 (2,268,956) 942,282 33,492 942,390 -33-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 23. Anatysis of charitable funds (continued) At 1 April 2022 At 31 March 2023 Income Expenditure Transfers Cardiff City Council- Period Poverty Grant Comic Relief- Community Experiencing Racial Inequality Covid - 19 Big Lottery A bridge to Safety for Black and Ethnic Minority Vvomen Covid 19 Comic Relief Global Majority Cwm Taff HSG BME project Cwm Taff VAWDASV BME Project Dyfed PCC Dyfed Powys VAWDASV BME Specialist worker Esmee Fairbairn Racialised communities Gwent Regional VAWDASV BME Specialist Housing Support Grant I RIS Project Lottery Heritage Funds North Vvales Freehold Property North Vvales PCC CF BME Engagement workers NWREN Consult 15-20 NW groups OR PCC - South Wales BME Youth Project PCC - South Wales RISE BME Youth Worker Rocu Tarian MARAC Co ordinator Southall Black Sisters- Support for migrant workers Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant Turn to Us Welsh Capital Grant Welsh Government- Children's Funding Welsh Government- Diogel Project Welsh Government- North Wales Outreach Service Welsh Government Core Funding Welsh Government Inclusion fund Welsh Government VAWDASV H BA Training Welsh Government Wales and Africa grant WG Capital Grant 3 - Newport, Swansea, Flintshire Windrush Event 1,999 (1,999) 34,172 1,675 (1,675) (11,277) 22,895 15,356 2,667 29.086 (15,356) (2,667) (29,086) 4.266 (4.266) 22.024 (22,024) 46,091 1,049,486 72,000 (46,091) (943,899) (71,620) 105,587 (380) 488.793 265,000 {2,827) 750,966 2,400 30,000 2,400 17,500 (30,000) (2,400) (21,378) 2,400 3.878 27,500 30,000 {27,500) (30,000) 203,468 (203,468) 28,892 {28,892) 3.587 (3,587) 75.328 (24,858} 50,470 26.650 90.755 (26,650) {90,755) 134,803 320,180 22,735 (134,803) (320,180) (27,249) 4,514 12,000 (12,000) 4,863 (4,863) 14.871 {4,907) 9,964 623,576 2,464,983 (2,102,408) (43,869) 942,282
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 23. Anatysis of charitable funds (continued) Identification and Referral to Improve Safety Project (IRIS) The IRIS project is in partnership with Cardiff and the Vale University Health Board and Cardiff Women Aid. IRIS provides domestic abuse training, support and referral programme for GP surgeries. The training is delivered by Advocatorsl Educators (AE) and Clinical Leads. Bawso is responsible for managing and overseeing AE'S work and deliver IRIS Programme across surgeries in selected cluster in Cardiff and Vale of Glamorgan. This project was recommissioned in March arch 2024 and Bawso won the tender for another 3 years. We are now responsible for the whole of Cardiff and the Vale Health Board area. Human Trafficking & Modern Slavery MARAC Coordinator South Wales Police, Gwent Police and Dyfed Powys Police in partnership funded the project - Tarian ROCU. The project funded a full-time coordinator. The aim of the Human Trafficking & Modern Slavery MARAC is to provide a structure where professionals can refer known or suspected victims of human traffickinglmodern slavery and share information where there may be suspicious activity- This project is renewed annually. Wales Sanctuary Service The Welsh Governments Inclusion Fund has granted funding via Welsh Refugee Council to provide community-based raise awareness about all forms of Violence Against Women to Asylum Seekers and Refugees across Wales. The project funds a part time support worker and is currently renewed annually. No recourse to public fund Project Southall Black Sisters and partners across the UK were awarded funds to operate the Support for Migrant Victims Scheme (SMV)), to provide temporary support migrant survivors of abuse and to build a better understanding of their needs. Bawso is a partner in this project, supporting victims of Violence Against Women Domestic Abuse Sexual Violence IVAWDASV) with No recourse to Public Funds (NRPF) in Wales. Bawso expected to support 75 victims in Wales a year. During 2023124 the Welsh Government awarded Bawso top up funding for this project to meet the ever increasing demand for the project. BME Specialist Project 6South Wales PCC, North Wales PCC. Dyfed Powys PCC and the Regional VAWDASV Teams(Gwent. Swansea INeath Port Talbot and Mid and West Wales) funded the BME Specialist Projects in their regions. The funding enabled us to reach out to some of the most vulnerable and isolated victims in the rural areas of Wales. The project focused on BME victims of FGM, Forced Marriage and Honour Based Abuse. Windrush Event Race Council Cymru awarded Bawso a grant to host an event to lebrate the contribution of the Windrush generation in Wales. We brought together the Windrush communities to hear their struggles, celebrate their achievements and acknowledge their contribution. Core to the celebration was the screening of a film on Wndrush. Three Elders who appeared in the film attended the event and shared their stories. A hearty lunch of Caribbean, Asian and vegetarian food was served. Activities included three different young singers, followed by a poetry recital, all of which continued the key theme of Windrush resilience, perseveran and overcoming struggle in the face of adversity. -35-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 23. Anatysis of charitable funds (continued) BME Oral Stories National Heritage Lottery Fund supported this project to capture the stories of our victims of Violence Against women. The project enabled the victims to visit the heritage sites of Wales i.e. the Museum across Wales. The aim was for them to recollect a memory from their past after coming across an artefact that they can relate to. Their stories have now been captured on video. This is a wellbeing project to improve the mental health of the victims of abuse. 24. Anatysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Net Current assets 47,254 777,884 809,309 133,081 856,563 910,965 Net assets 825,138 942,390 1,767,528 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Net Current Assets 782 1,018,604 824,321 117,961 825,103 1,136,565 Net assets 1,019,386 942,282 1,961,668 25. Analysis of changes in net debt At At 1 Apr 2023 Cash flows 31 Mar 2024 Cash at bank and in hand Debt due within one year Debt due after one year 874,673 (9,810) (24,288) 840.575 24,286 898,959 19,810) (14,387 874,762 9,901 34,187 26. Operating lease commitments The total future minimum lease payments under non-cancellable operating leases are as follows= 2024 2023 Later than 1 year and not later than 5 years Later than 5 years 3,687 329,635 3,687 329,635 333.322 333,322 27. Limitation of auditors liability By way of a members, resolution dated 12th December 2023, the company has agreed to enter into a limited liability agreement with its auditors whereby their exposure to legal claims is limited to £50,000 per claim. -36-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 28. Related parties The company was under the control of the trustees throughout the current and previous year. During the year the trustee Mrs C Sinha was also a director of Bawso Training and Interpreting Services Limited. As at 31st March 2024 £2,918 {2023: £1,797) was owed from Bawso Training and Interpreting servIs Limited. As at 31st March 2024 Bawso Training and Interpreting Services Limited made a donation of £1,794 (2023.. £7,081) to Bawso Limited by guarantee. -37-