COMPANY REGISTRATION NUMBER: 03152590 CHARITY REGISTRATION NUMBER: 1084854 Bawso Limited Company Limited by Guarantee Financial Statements 31 March 2025 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 2025 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members Statement of financial activities (including income and expenditure account) 16 Statement of financial position 17 Statement of cash flows 18 Notes to the financial ststements 19
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 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 2025. Chair's report Bawso continues to respond to both emerging and entrenched forms of Violence Against Women, Domestic Abuse. and Sexual Violence (VAWDASV) through a diverse portfolio of projects delivered across Wales. Each of our initiatives is grounded in partnership. evidence-based practice, and a deep understanding of the unique vulnerabilities faced by Black and Minority Ethnic (BME) individuals and migrant communities. Handled over 2,100 advice calls Responded to almost 1,100 helpline contacts Provided one-to-one support to around 1,600 individuals Delivered training to more than 400 professionals Reached 1,700 community members through outreach and awareness events This year, our focus has been on amplifying survivors, volS and improving their overall well-being. With this in mind, we are proud to announ the launch of our three-year research programme, 'Listening Is a Big Step., delivered in partnership with the University of South Wales and funded by Health and Care Research Wales. This initiative will help us better understand survivors, experiences and shape our services around their needs. We also successfully hosted our flagship awareness events - Forced Marriage Remembrance Day, White Ribbon Day.. Light the Candle, and Zero Tolerance to FGM Day each seeing a growing number of participants and strengthened engagement across communities and partner organisations. Responding to government policy developments that influence our work remains central to our mission. This year, Bawso contributed to consultstions on the Migrant Victims Domestic Abuse Concession Bill, Early Prison Release Policy, and Firewall proposals, ensuring that the voices of BME and migrant victims are represented at the national level. Our Board of Trustees met quarterly, with sub-committees continuing to play an active role in governance and oversight throughout the year. We extend our sincere thanks to our colleagues and board members who moved on from Bawso during the year for their Servi and commitment. As we look ahead, we are excited to begin implementing our new Three-year Strategic Plan under the guidan of our refreshed leadership team. Together, we will continue working towards our vision of a Wales free from all forms of violence and abuse. Mwape Burke Co Chair, Bawso Mutale Merrill OBE Co-chair, Bawso
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 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 Mwape Burke- Co Chair Mutale Merrill OBE- Co Chair Michael Murray - Treasurer Jennifer Fletcher Carol Manguera Harris Tahmina Khan Rachel McDonald Cynthia Ogbono Vimlaben Harilal Patel Giovanni Riva Chetna Sinha Temmy Woolston Pauline Walker (Appointed 12 December 2024) (Resigned 11 December 2024) (Appointed 12 December 2024) (Appointed 27 January 2025} (Appointed 12 December 2024) (Resigned 19 May 2025) Company secretary Pauline Walker (Resigned 19 May 2025) 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 2025 Structure, governance and management The Board of Trustees is an appointed or elected group of individuals with overall responsibility for the management and governance of the organisation. The Board ensures that all decisions are made in the best interests of stakeholders and that the organisation fulfils its mission and strategic objectives. At Bawso, our Board of Trustees comprises a diverse mix of professionals, community leaders, former staff members, and ex-service users. This composition reflects the communities we serve and reinforces our identity as a "by and forf organisation. Each trustee has been carefully selected for their expertise and the unique skills they bring to the organisation. Collectively, they contribute a wealth of experience in areas such as law, finance, international development, management consultancy, health, and the NHS, ensuring that Bawso is guided by strong governance and sound strategic oversight. Our Senior Management Team {SMT) consists of the Chief Executive and seven Senior Heads of Department. They are highly skilled professionals with extensive experience and a deep commitment to Bawso's mission. Their expertise spans leading large teams, managing front-line services, and developing strategic initiatives. The SMT also has proven ability in coalition-building and leading organisational change. For example, Bawso is represented on the Violence Against Women, Domestic Abuse and Sexual Violence IVAWDASV) National Partnership Board, which is responsible for implementing the Welsh Government's VAWDASV Strategy. 2.0 Partnership working Bawso strongly believes in the power of collaboration and has long benefited from working in partnership with other organisations across the sector. While we bring specialist expertise, partnership working enhances our capacity and enables us to deliver a more robust and meaningful response to the needs of our Black, Asian, and Minority Ethnic (BAME) service users. In Cardiff, we deliver all domestic abuse services as part of a consortium through the RISE Project, a seven-year partnership funded by the local authority. The RISE Project is the main service delivery body for victims of VAWDASV in the city. In Newport, we deliver the BME Domestic Abuse Floating Support Service in partnership with Llamau. In Swansea, the Domestic Abuse One Stop Shop is delivered collaboratively with Stori and Swansea Women's Aid. In Merthyr, the Domestic Abuse One Stop Shop operates in partnership with the Merthyr Domestic Abuse Resource Team (DART). In North Wales, our One Stop Shop delivers vital services to scxalled "hard-tcFreach' communities, working closely with key partners such as the Police and other local agencies
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Objectives and activities 1.0 Service Delivery Bawso supports people from Black and Minority Ethnic {BME) backgrounds who are affected by domestic abuse and other fomis of violen Against Women, including Female Genital Mutilation (FGM), Forced Marriage (FM), Honour-Based Abuse (HBA). Modern Slavery, and Human Trafficking. Bawso currently delivers 36 projects across Wales through purpose-built refuges, safe houses, and an extensive Outreach, Resettlement. and Floating Support Programme. We provide support, advice, and information from our offices in Cardiff. Merthyr. Newport, Swansea, and Wrexham. In the past year, we handled over 2,100 advice calls, with almost 1,100 helpline users and around 1,600 individuals receiving one-to-one support. We delivered training to over 400 professionals and reached 1,700 community members through various outreach events. Bawso intervenes at the earliest opportunity to protect individuals at risk and supports survivors on their journey towards safety and recovery. We deliver specialist services accessible 2417, 365 days a year, through our Helpline, Advice and Advocacy ntres, refuges, and community-based services. We provide housing advi and support services to victims of violence, helping to prevent re-victimisation by building confidence, assertiveness, and awareness of rights. We support service users to recover from trauma and move forward with their lives. We also work to reduce barriers that BME women fa in accessing statutory services by training practitioners to understand their unique needs and experiences. Additionally, we collaborate with BME communities to challenge harmful traditional praCtIS and to change attitudes that enable abuse to go unreported. 1.1 Protection and Support for Victims of All Fomis of Violence Against Women 1.1.1 Advice and Housing Support We provide practical and emotional support to families at risk of homelessness due to domestic abuse, helping them to manage accommodation and live independently. We offer advice on entitlements, benefits applications. referrals. and signposting, alongside a 2417 Helpline. 2023124.. 4,310 advicelhelpline calls 2024125.. 3,233 advicelhelpline calls (25 1 decrease) The decrease reflects capacity constraints. not reduced demand. We also provided housing-related support to 398 families, down from 724 the previous year {45 % decrease}. This reduction is due to families remaining in Servi longer because of the rising cost of living, which has made it harder for them to sustain tenancies and leading to more financial issues.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Objectives and activities (continued) 1.1.2 Safe Accommodation for Victims of Domestic Abuse Our purpose-built refuges are culturally and religiously sensitive spaces c(Fdesigned with service users, ensuring both choice and control over support arrangements. 2023124.. 98 women accommodated 2024125.. 68 women accommodated (30¥0 decrease) The decline is due to a lack of move-on accommodation, leading to bed blocking, not reduced demand. 1.1.3 Outreach Support in North Wales Specialist outreach workers provide tailored support to high-risk victims in partnership with local agencies, ensuring safety and long-term solutions. 2023124.. 131 victims supported 2024125.. 35 victims supported This decrease reflects the increasing complexity of client needs, resulting in longer engagement periods and not sufficient capacity for new referrals. 1.1.4 Services for Victims of Human Trafficking and Modern Slavery Bawso delivers the Diogel Project across Wales, frjnded by the Home Office and Welsh Government. The project offers practical and emotional support, including legal assistance, access to psychotherapy, pregnancy-related care, integration into the community, and life skills development. 2023124.. 327 individuals supported 2024125.. 299 individuals supported (9 % decrease) The decrease relates to Home Office proSSIng long-temi pending cases and clearing the backlog.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Objectives and activities (continued) 1.1.5 servIs for Victims of FGM, FOrd Marriage, and Honour-Based Violence Bawso is the leading organisation in Wales supporting BME women and families affected by FGM, FM, and HBV. We provide one-t(>one holistic and culturally competent advocacy and support, working closely with Children's Services to safeguard those at risk. We also run peer-support groups for survivors and co-chair the Welsh Government's All Wales HBV Leadership Group. 2023124.. 173 individuals supported 2024125.. 54 individuals supported The reduction reflects short-term fvnding cycles and the loss of funding in two of five regions during the year. 1.1.6 Support for Migrant Victims with No Recourse to Public Funds Bawso partners with Southall Black Sisters under the Support ft)r Migrant Victims (SMV) Scheme, funded by the Home Office and match-funded by the Welsh Government. Following the introduction of the Migrant Victims Domestic Abuse Concession (MVDAC) in February 2024, eligibility expanded to include victims on visitor. work, and student visas. Number of victims supported.. Increased from 65 to 149 - more than double. 1.1.7 Wales Sanctuary Service Through the Welsh Government's Inclusion Fund. administered by the Welsh Refugee Council, Bawso raises awareness about Violence Against Women among asylum seekers and refugees across Wales. 2023124.. 84 individuals supported 2024125.. 276 individuals supported (tripled) The increase reflects growing demand, particularly in North Wales, a key dispersal area. 1.2 Prevention of Re-victimisation.. Recovery and Empowerment Services Recovery and empowerment are vital for women from minority ethnic and migrant backgrounds who often have limited support networks and face stigma in accessing services such as mental health care. Bawso provides both individual and group-based interventions, including peer-support and empowerment groups, helping women process trauma, rebuild confidence, and understand their rights. This year, 103 women participated in recovery and empowerment activities.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Objectives and activities (continued) Primary Prevention of violen Against Women Bawso actively develops prevention initiatives to challenge attitudes and stop violence before it occurs. This includes training. awareness campaigns in schools and communities, and counselling services where resources permit. We aim to transform cultural norms and attitudes that perpetuate abuse and to reduce reliance on crisis support services by addressing root causes. Through our awareness campaigns and community engagement, we reached 1,699 people this year. 1.2.1 Changing Attitudes Within BAME Communities We work within communities that practi FGM. Forced Marriage, and HBV to promote non-divisive dialogue and community-led change. Our approach helps communities preserve cultural values while rejecting harmful practices. We train community advocates and young leaders to champion safety and equality, increasing awareness of the law and empowering people to speak out against abuse. 1.2.2 Training for Frontline Workers People from minority ethnic backgrounds often fa Prejudi and a lack of understanding from statutory and voluntary services. Bawso addresses this by providing training and advi to practitioners in health, education, police, social services, local authorities, and the third sector. 434 practitioners trained this year. Through the IRIS Programme in Cardiff and the Vale of Glamorgan, we train primary care practitioners to identify and refer victims of domestic abuse to appropriate support services. 2023124.. 315 women reached 2024125.. 239 women reached (240A decrease)
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Achievements and performance 2.0 Achievements Bawso has continued to deliver high-quality. safe ServIS to individuals affected by violen Against Women, Domestic Abuse, and Sexual Violence (VAWDASV) from BME communities across Wales. This year focused on consolidating existing seNices and strengthening organisational resilience. Key achievements include.. Development of a new Three-year Strategic Plan Securing funding for research on BME victims, experiences within the healthcare system Attainment of the National Quality Seniice Standards (NQSS) Financial review 3.0 Financial Review Bawso continues to take a proactive approach to financial management, anticipating changes in the external environment and responding effectively. The organisation has undertaken several internal reviews in preparation for sustained growth in both activity and size. These measures have strengthened the organisational structure and ensured that key management and financial processes remain robust, transparent, and responsive to future challenges. Bawso continues to face significant financial challenges due to the rising cost of living and increased operational expenses. To remain compliant with the uplift in the National Living Wage, we have undertaken a comprehensive review of staff salaries. In addition, the increase in Employer National Insuran Contributions has created an added payroll burden of £82,500. Most of our service contracts are fixed-term and do not allow for inflationary adjustments, leaving us with limited flexibility to absorb these escalating costs. During the year, we also experienced a substantial reduction in funding under our Salvation Army Modern Slavery Contract. This contract is directly linked to the number of clients supported, many of whom are subject to immigration control. As decisions have been made regarding their immigration status, a significant number have exited the seniice, leading to a reduction in client numbers. To mitigate the current financial situation, Bawso's Board has implemented several measures to reduce costs and diversify income streams. The key lesson learned from this experience is the need to reduce our reliance on project-based funding and place a stronger focus on income generation. The coming year represents a period of consolidation. With renewed core funding and improved financial planning tools in place, we are confident in the organisation's long-term sustsinability. In 202412025 we report a deficit of £137,421. As at 31 March 2025 the charity reports retained reserves of £1,630,107 represented by £685,286 of unrestricted funds and £944,821 of restricted funds.
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Plans for future periods 1.0 Plans for the future Diversification of funding Expansion of Advice and Information Project across Develop a Volunteer Project Increase Wellbeing and development program for Servi users 2.0 Acknowledgements Cardiff and Vale Universty Health Board Cardiff Counly Council City and County of Swansea Home Office Merthyr Tydfil County Borough Council Ministry of Justi Newport City Council Welsh Govemment Wrexham County Borough Council Dyfed Powys PCC Gwent Police North Wales PCC South Wales PCC South Wales Poli Gwent VAlnJUASV Mid and West Wales VAWDASV Swansea VAWDASV Cardiff Women's Aid Comic Relief Esmee Fairbaim Foundation Llamau National Heritage Lottery Fund Salvation Amiy Welsh Refugee Council
Bawso Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 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 accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally ACpted 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 inft)rmation. 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 12 December 2025 and signed on behalf of the board of trustees by= Mutale Merrill OBE- Co Chair Michael Murray - Treasurer Trustee Trii*tp.p. Mwape Burke- Co Chair Trustee 10
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited Year ended 31 March 2025 Opinion We have audited the financial statements of Bawso Limited (the 'charity') for the year ended 31 March 2025 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 2025 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 ft)r 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 concern 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 UnrtaIntieS 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(MJ 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. 11
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited (continued) Year ended 31 March 2025 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 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 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. 12
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited (continued) Year ended 31 March 2025 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 altemative but to do so. Auditorfs responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assuran about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an 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 InStanS 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<ompliance 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. 13
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited (continued) Year ended 31 March 2025 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 misstatement 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 intemal 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 statements represent the underlying transactions and events in a manner that achieves fair presentation. 14
Bawso Limited Company Limited by Guarantee Independent Auditor's Report to the Members of Bawso Limited (continued) Year ended 31 March 2025 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 auditor's 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 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 12 Dember 2025 15
Bawso Limited Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities other trading activities Investment income 34,633 2,067,176 15,427 7,575 34,633 4.586,058 15,427 7,575 12,746 4,438,641 14,897 11,425 2,518,882 Total income 2,124,811 2,518,882 4,643,693 4,477,709 Expenditure Expenditure on charitable activities Total expenditure 9,10 2.296.195 2,484.919 4,781,114 4,671,849 2,296,195 2,484,919 4.781,114 4,671,849 Net expenditure (171,384) 33,963 (137,421) (194,140) Transfers beeen funds 31,532 (31,532) Net movement in funds (139,852) 2,431 (137,421) (194,140) Reconciliation of funds Total funds brought forward Total funds carried forward 825,138 942,390 1,767,528 1,961,668 685,286 944,821 1.630,107 1,767,528 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 19 to 39 forni part of these financial statements. 16
Bawso Limited Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets Investments 16 17 833,850 856,562 833,851 856,563 Current assets Debtors Cash at bank and in hand 19 822.020 451.582 694,631 898,959 1,273,602 1,593,590 Creditors: amounts falling due within one year Net current assets 20 473.557 668,238 800,042 925,352 Total assets less current liabilities 1,633,896 1,781,915 Creditors: amounts falling due after more than one year 21 3,789 14,387 Net assets 1,630,107 1,767,528 Funds of the charity Restricted funds Unrestricted funds 944,821 685,286 1,630,107 942,390 825,138 Total charity funds 24 1,767,528 These financial ststements were approved by the board of trustees and authorised for issue on 12 December 2025, and are signed on behalf of the board by.. Mutale Merrill OBE- Co Chair Trustee Michael Murray - Treasurer Trustee Mwape Burke- Co Chair Trustee The notes on pages 19 to 39 forni part of these financial statements. 17
Bawso Limited Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operating activities Net expenditure (137,421) (194,140) Adjustments for." Depreciation of tangible fixed assets Other interest receivable and similar income Interest payable and similar charges Accrued (income)lexpenses 87,186 (219,076) 4,415 (82,604) 87,278 4,381 13,264 Changes in.. Trade and other debtors Trade and other creditors (127,389) (89,395) (586,966) 112,268 134,254 Cash generated from operations 157,305 Interest paid Interest received (4,415) 219,076 {4,381) Net cash (used in)Ifrom operating activities (372,305) 152,924 Cash flows from investing activities Purchase of tangible assets Net cash used in investing activities (64,474) (118,737) (64,474) (118,737) Cash flows from financing activities Proceeds from borrowings Net cash used in financing activities {10.598) (10,598) {9,901) {9,901) Net Idecreasellincrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (447,377) 898,959 24,286 874,673 451,582 898,959 The notes on pages 19 to 39 forni part of these financial statements. 18
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 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 To mitigate the current financial situation, Bawso's Board and senior management team have implemented several measures to reduce costs and diversify income streams. These measures include careful monitoring of expenditure, prioritising essential activities, and actively seeking new funding opportunities and partnerships to strengthen financial sustainability. The Board and Senior Management Team are confident that these actions will ensure Bawso can continue to operate effectively and meet its obligations as a going concern. 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 contained 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. 19
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 Accounting policies (continued) 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 finance 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. Incoming resources All incoming resources are included in the statement of financial 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 services 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 directly to that activity. Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consistent basis. 20
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 Accounting policies (continued) Tangible assets All fixed assets are initially recorded at cost. 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 offi furniture and computer equipment 2Yo p.a. Straight line 330/0 p.a. Straight line 330/0 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. Where 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 tsx 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. 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. 21
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 Accounting policies (continued) 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 28 members of the company (2024: 22 members). Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2025 Donations from Bawso Training and Interpreting servIs Limited (note 29) Donations Membership 22,800 11,023 810 22.800 11.023 810 34,633 34,633 Unrestricted Funds Restricted Total Funds Funds 2024 Donations from Bawso Training and Interpreting servIs Limited (note 29) Donations Membership 1,794 10,557 395 1,794 10,557 395 12,746 12,746 22
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 Charitable Activities Unrestricted Funds Restricted Total Funds Funds 2025 Cardiff and Vale University Health Board IRIS Project Comic Relief - Community Experiencing Racial Inequality Coutts Foundation Cwm Taff VAWDASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist Worker Esmee Fairbairn - VAWDASV Policy Gwent Regional VAWDASV BME Specialist project HCRW Research project HSG Direct Access HSG Floating Support Lottery Heritage North Wales PCC BAME Engagement PCC - South Wales BME Group Worker PCC - South Wales BME Youth Worker PCC South Wales Rise BME Group Worker Rental income Salvation Army - Diogel Project South Wales Police Tarian ROCU Swansea VAWDASV Additional capital funding 2024-2025 Swansea VAWDASV BME Specialist The Eaton fund grant The Home Office via Southhall Black Sisters- Support for migrant victims 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 Sep4ice Welsh Government- NRPF Welsh Government- Wales and Africa Grant Windrush grant income 128,648 92,074 128,648 92.074 17,066 28,822 17,066 28,822 74,124 74,124 10,602 751,301 329,306 73,274 38,958 10,602 751,301 329,306 73,274 38,958 35,000 27,500 35,000 27,500 474,365 1,518,687 35.467 14.000 474,365 1.518,687 35,467 14,000 11,000 11,000 211,501 18,750 211,501 18,750 14,879 311,914 65,996 16,565 142,218 120,000 22,191 1,850 14,879 311,914 65,996 16,565 142,218 120,000 22,191 1,850 2,067.176 2.518,882 4,586,058 23
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 Charitable activities (continued) Unrestricted Funds Restricted Total Funds Funds 2024 Cardiff and Vale University Health Board IRIS Project Comic Relief - Community Experiencing Racial Inequality Coutts Foundation Cwm Taff VAWDASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist Worker Esmee Fairbairn - VAWDASV Policy Gwent Regional VAWDASV BME Specialist project HCRW Research project HSG Direct Access HSG Floating Support Lottery Heritage North Wales PCC BAME Engagement PCC - South Wales BME Group Worker PCC - South Wales BME Youth Worker PCC South Wales Rise BME Group Worker Rental income Salvation Army - Diogel Project South Wales Police Tarian ROCU Swansea VAWDASV Additional capital funding 2024-2025 Swansea VAWDASV BME Specialist The Eaton fund grant The Home Office via Southhall Black Sisters- Support for migrant victims 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 Sep4ice Welsh Government- NRPF Welsh Government- Wales and Africa Grant Windrush grant income 72,000 37,403 72,000 37,403 60,000 10,510 {4,958) 15,881 34,169 8,552 60,000 10,510 (4,958) 15,881 34,169 8,552 698,012 317,280 43,037 21,000 27,500 39,538 698,012 317,280 43,037 21,000 27,500 39,538 544,532 1.543,368 544,532 1,543,368 33,497 33,497 36,832 10,000 36,832 10,000 174,560 174,560 21,000 10,566 28,175 324,806 73,819 13,661 131,098 110,803 21,000 10,566 28,175 324,806 73,819 13,661 131,098 110,803 2,000 2,000 2,203.069 2.235,572 4,438,641 24-
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 other trading activities Unrestricted Funds Restricted Total Funds Funds 2025 Room hire Other income 9.340 6,087 9,340 6,087 15,427 15,427 Unrestricted Funds Restricted Total Funds Funds 2024 Room hire Other income 9.370 5,527 9,370 5,527 14,897 14,897 Investment income Unrestricted Funds Restricted Total Funds Funds 2025 Bank interest receivable 7,575 7,575 7,575 7,575 Unrestricted Funds Restricted Total Funds Funds 2024 Bank interest receivable 11,425 11,425 11.425 11,425 25
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2025 Comic Relief - Community Experiencing Racial Inequality Core costs Cwm Taff VAW DASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist worker Esmee Fairbairn VAWDASV Floating Support Gwent Regional VAWDASV BME Specialist HCRW Research project Iris project Lottery Heritage Fund North Wales Diogel Project North Wales Outreach Service North Wales PCC CF BME Engagement workers PCC - South Wales BME Youth Project PCC - South Wales RISE BME Group worker Refuge provision South Wales Police Tarian ROCU Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant The Home Office via Southall Black Sisters Support for migrant workers Turn to Us Welsh Government- Children's Funding Welsh Government- Inclusion Fund Welsh Government- Wales and Africa Grant Scheme Support costs 53,799 433,469 53,799 929,616 496,147 17,716 27,023 17,716 27,023 61,771 310,586 61.771 310,586 9,823 111,679 71,561 65,996 127,454 35,793 28,976 29,443 651,109 32,993 9,823 111,679 71,561 65,996 127,454 35,793 28,976 29,443 1,979,091 32.993 1.327,982 11,000 205,500 613 14,879 17,930 25,313 202,264 11.000 205.500 613 14,879 17.930 25,313 612,559 410.295 2,296,195 2,484,919 4,781.114 26
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 Expenditure on charitable activities by fund type (continued) Unrestricted Funds Restricted Total Funds Funds 2024 Comic Relief - Community Experiencing Racial Inequality Core costs Cwm Taff VAW DASV BME Project Dyfed Powys PCC Dyfed Powys VAWDASV BME Specialist worker Esmee Fairbaim VAWDASV Floating Support Gwent Regional VAWDASV BME Specialist HCRW Research project Iris project Lottery Heritage Fund North Wales Diogel Project North Wales Outreach Seryice North Wales PCC CF BME Engagement workers PCC - South Wales BME Youth Project PCC - South Wales RISE BME Group worker Refuge provision South Wales Police Tarian ROCU Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant The Home Office via Southall Black Sisters Support for migrant workers Turn to Us Welsh Government- Children's Funding Welsh Government- Inclusion Fund Welsh Government- Wales and Africa Grant Scheme Support costs 55,407 441,588 10,510 11,887 11,196 55,407 826,193 10,510 11,887 11,196 33,365 304,193 27,409 384,605 33,365 304,193 27,409 72,000 37,390 73,819 131,098 22,314 30,230 27,880 578,917 30,200 29,414 72,000 37,390 73,819 131,098 22,314 30,230 27,880 2,010,097 30,200 29,414 1.431.180 409 409 168,967 168,967 28,175 15,327 28,175 15,327 553,743 160,626 714,369 2,402,893 2,268,956 4,671,849 27
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 10. Expenditure on charitable activities by activity type Activities undertaken directly Support Total funds costs 2025 Total fund 2024 Comic Relief- Community Experiencing Racial Inequality Core costs 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 HCRW Research project Iris project Lottery Heritage Fund North Wales Diogel Project North Wales Outreach SeNice North Wales PCC CF BME Engagement workers PCC - South Wales BME Youth Project PCC - South Wales RISE BME Group worker Refuge provision South Wales Police Tarian ROCU Swansea City Council VAMIDASV BME Specialist project The Eaton Fund Grant The Home Office Via Southall Black Sisters Support for migrant workers Turn to Us Welsh Government- Children's Funding Welsh Government- Inclusion Fund Welsh Government - Wdles and Africa Grant Scheme 53,799 929,616 40,615 303,178 94,414 1.232,794 57,957 1,104,576 10,510 13,765 16,596 34,170 309,793 34,316 17,716 27,023 61,771 310,586 2,651 1,800 12,353 10,333 20,367 28,823 74,124 320,919 9,823 111.679 71.561 65.996 127.454 35.793 28,976 29,443 779 10,602 111,679 72,759 65,996 142,216 38,958 36.255 29,443 2,163,762 36,221 72,000 43,383 73,819 131,098 23,396 35,920 27,880 1.198 14.762 3.165 7,279 1,979,091 32,993 184,671 3,228 2,393,452 33,497 36,914 409 11,000 205,500 11,000 211,500 6,000 174,560 613 18,138 18,751 14,879 18,134 14,879 17,930 28,175 15,663 204 25,313 2,205 27,518 4,168,555 612,559 4.781,114 4,671,849 28
Bawso Limited Company Limited by Guarantee Notes lo the Financial Ststements (¢ondns Year ended 31 March 2025 11. Analysis of support costs Lottery Esmee Heritsoe Fairbaim Fund VAWDASV Tum to Us HCRW Research project Refuge FtIng Cue funthy ow51n suprxyt (rjsts Premise5 Communications and IT General office Finan costs Governan costs Central management costs Depreoation Repairs arKI renewals Establishment costs 8,458 4.283 37.715 156.559 92.861 2.956 184.671 10,333 1,198 12,353 18,138 779 184.671 10.333 303.178 1,198 12,353 18,138 779
Bawso Limited Company Limited by Guarantee Notes lo the Financial Ststements (¢ondns Year ended 31 March 2025 11. Analysis of support costs (¢ontiM¢ The Ho the Southall sh Black Govemment Sisters PCC South - Wales and Supwrt for North Wales Wale5 BME Afri(x Grant tnigrant Outreach YoLrth Dyfedd Scheme wotke SeN Project Powy5 PCC South Wales Pdi Tarian ROCU Premises Communications aThY IT General office Finan costs Governan costs Central management o)sts Depreciation Repairs arvJ renewJs Establi8hment o)sts 2.205 6.000 14,762 7,279 2,651 3.228 2.205 6.000 14.762 7,279 2.651 3.228
Bawso Limited Company Limited by Guarantee Notes lo the Financial Ststements (¢ondns Year ended 31 March 2025 11. Analysis of support costs (¢ontiM¢ Dyfe¢J North Wales Powys PCC CF VAWDASV BME BME Ccmnic rdief Community Welsh EXrienng Govemrnent Raual Indu5ion Engagernent Specialist ItEqualty Fund worker5 worker Total 2025 Totsl 2024 Premise5 Communications and IT General office Finan Costs G0Veman costs Central management costs Depreoation Repairs and renewals EstablL8hment costs 8.458 30,113 3,116 517 4.381 35.428 549.426 87.279 1.306 2.803 346 4,283 37,715 465,940 92,861 2,956 40.615 3,165 1,800 40.615 204 3,165 1,800 612,559 714.369 31
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 12. Net expenditure Net expenditure is stated after chargingl(crediting)= 2025 2024 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 87,186 333,322 87,278 333,322 12,855 6,206 12,361 5,520 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2025 2024 Wages and salaries Social security costs Employer contributions to pension plans 2.644,300 239,579 66,028 2,503,493 222,392 62,205 2.949,907 2,788,090 The average head count of employees during the year was 114 (2024.. 113). The average number of full-time equivalent employees during the year is analysed as follows= 2025 No. 2024 No. Service delivery staff Administrative staff 76 12 87 12 88 99 No employee reiVed employee benefits of more than £60.000 during the year (2024.. Nil). Key Management Personnel Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity- The total compensation paid to key management personnel for services provided to the charity was £459,047 {2024..£400,290). 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 £4,025 were reimbursed to eight trustees during the year in respect of travel and subsistence {2024= £1,689). 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. 32
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 16. Tangible fixed assets Land and Fixtures and buildings fittings Equipment Total Cost At 1 April 2024 Additions 893,335 60,539 10,462 329,942 54,012 1,283,816 64,474 At 31 March 2025 893,335 71,001 383,954 1,348,290 Depreciation At 1 April 2024 Charge ft)r the year At 31 March 2025 157.451 15,982 43.466 7,435 226,337 63,769 427,254 87,186 173,433 50,901 290,106 514,440 Carrying amount At 31 March 2025 719,902 20,100 93,848 833.850 At 31 March 2024 735,884 17,073 103,605 856,562 17. Investments Shares in group undertakings Cost At 1 April 2024 and 31 March 2025 Impairment At 1 April 2024 and 31 March 2025 Carrying amount At 31 March 2025 At 31 March 2024 All investments shown above are held at cost. 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 4 June 2008. The surpluses of that company have been transferred to Bawso Limited by guarantee. The company owns 100 % of the issued ordinary share capital of Bawso Training and Interpreting Services Limited a company registered in England & Vkpdles company number.'06611138. Registered office address.. Unit 4, Sovereign Quay. Havannah Street. Cardiff, Wales. CF10 5SF. 2025 2024 Aggregate and Reserves Profit for the financial year 33
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 19. Debtors 2025 2024 Trade debtors Amounts owed by group undertakings Prepayments and accrued income 689,373 891 131,756 822,020 615,695 2,918 76,018 694,631 20. Creditors: amounts falling due within one year 2025 2024 Bank loans Trade creditors Accruals and deferred income Social security and other taxes 9,810 64,729 347,310 51,708 9,810 102,791 509,638 45,999 473,557 668,238 21. Creditors: amounts falling due after more than one year 2025 2024 Bank loans 3,789 14,387 22. Deferred income 2025 2024 At 1 April 2024 Amount released to income Amount deferred in year At 31 March 2025 169,274 (74,172) 5,789 169,274 100,891 169,274 23. 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 £66,028 (2024= £62,205).
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 24. Anatysis of charitable funds (continued) Unrestricted funds At 1 April 2024 At 31 March 2025 Income Expenditure Transfers General funds 825,138 2.124.811 (2.296.195) 2,124,811 (2,296,195) 31,532 685,286 825,138 31,532 685,286 At 1 April 2023 At 31 March 2024 Income Expenditure Transfers General funds 1,019,386 2,242,137 (2,402,893) 2,242,137 (2,402,893) (33,492} (33,492) 825.138 1,019,386 825,138 35
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 24. Analysis of charitable funds (continued) Restricted funds At 1 April 2024 At 31 March 2025 Income Expenditure Transfers Comic Relief - Community Experiencing Racial Inequality Cwm Taff VAWDASV BME Project Dyfed PCC Dyfed Powys VAWDASV BME Specialist worker Fixed Asset- Freehold Property Fixed Asset - Swansea VAWDASV Additional capital funding 2024-2025 Fixed Asset- Welsh Government Capital Grant Fixed Asset- Welsh Government Capital Grant 3 - Newport, Swansea, Flintshire Gwent Regional VAWDASV BME Specialist HCRW Research Project Housing Support Grant IRIS Project Lottery Heritage Funds North Wales PCC CF BME Engagement workers PCC - South Wales BME Youth Project PCC - South Wales RISE BME Youth Worker Rocu Tarian MARAC Co-ordinator Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant The Home Office via Southall Black Sisters - Support for migrant workers Turn to Us Welsh Government- Children's Funding Welsh Government- Diogel Project Welsh Government- North Vvales Outreach Service Welsh Government Core Funding Welsh Government Inclusion fund Welsh Government Wales and Africa grant Windrush Event 2,340 92,077 (94,417) 3,301 17,066 (20,367) 28,822 (28,822) 735.884 (15,982} 719,902 14,000 {4,620) 9,380 66,451 {21,929} 44,522 6,974 (2,990) 3,984 10.602 (10,602) 1.080.607 (1.060.086) 128.648 (111,679) 73.274 (72,759) 118,195 7.083 145,799 16,969 (346) (169) 38,958 35,000 (38,958) (36,253) 1,253 27,500 35,467 (29,442) (36,221) 1,942 754 9.591 11,000 (11,000) 9,591 211,501 18,750 (211,501) (18,751) 14,879 65,996 (14,879) {65,996) 142,218 431,914 16.562 (142,218) (433,469) (18,132) 1,555 1.570 22.191 1.850 (27,517) (1,850) 2,518,882 (2,484,919) (5,326) 942,390 (31,532) 944.821 36
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 24. Anatysis of charitable funds (continued) At 1 April 2023 At 31 March 2024 Income Expenditure Transfers Comic Relief - Community Experiencing Racial Inequality Cwm Taff VAWDASV BME Project Dyfed PCC Dyfed Powys VAWDASV BME Specialist worker Fixed Asset- Freehold Property Fixed Asset- Welsh Government Capital Grant Fixed Asset - Swansea VAWDASV Additional capital funding 2024-2025 Fixed Asset- Welsh Government Capital Grant 3 - Newport, Swansea, Flintshire Gwent Regional VAWDASV BME Specialist HCRW Research Project Housing Support Grant IRIS Project Lottery Heritage Funds North Wales PCC CF BME Engagement workers PCC - South Wales BME Youth Project PCC - South Wales RISE BME Youth Worker Rocu Tarian MARAC Co-ordinator Swansea City Council VAWDASV BME Specialist project The Eaton Fund Grant The Home Office via Southall Black Sisters - Support for migrant workers Turn to Us 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 Wales and Africa grant Windrush Event 22.895 37.403 10,510 (4,958) (57,958) (10,510) (13,765) 2,340 22,024 3,301 15,881 (16,596) 715 (15,082) 750,966 735,884 50.470 10,565 5,416 66,451 9.964 (2,990) 6,974 8,552 (34,316) 25,764 105,587 1,015,292 (1,002,684) 72,000 (72,000) 43.037 (43,383) 118,195 (3461 2.400 21.000 39.538 {23,396) (35,920) (4} (3,618) 27.500 33,497 (27,880) (33,497) 380 36,832 10,000 (36,914) (409) 82 9,591 174,560 {174,560) 28,175 73,820 (28,175) (73,820) 131,098 435,609 13,661 (131,098) (441,830) {13,661) 6,221 2,000 (2,000) 942,282 2,235,572 (2,268,956) 33,492 942,390 37
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 24. Anatysis of charitable funds (continued) Identification and Referral to Improve Safety Project (IRIS) In June 2024, Bawso won the 3 year contract to deliver the IRIS project across Cardiff and the Vale University Health Board. 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 Cardiff and Vale of Glamorgan. This project is delivered by 3 FTE staff members. Human Trafficking & Modem Slavery MARAC Coordinator South Wales Police, Gwent Police and Dyfed Powys Police in partnership funded the project - Tarian ROCU. The project funds 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 traffickinglmodem 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 The Home Office via the Southall Black Sisters 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 (VAINDASV} with No recourse to Public Funds (NRPF) in Wales. This fund primarily covers the cost of accommodation and subsisten. During 2024125 the Welsh Government awarded Bawso fvnding for 2 support workers in this project. This funding will ensure that the victims support needs are met. BME Specialist Project South Wales PCC, North Wales PCC. Dyfed Powys PCC and the Mid and West Wales Regional VAWDASV Team 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. BME Victims Health Research In partnership with University of South Wales, Bawso was awarded funding from Health and Care Research Wales Welsh Government to are delivering a 30th months research program. The aim of the research is to explore the needs and experiences of Black and Minority Ethnic women affected by Violence Against Women, Domestic Abuse and Sexual Violence. These experiences will be used to C(Fdevelop a framework for different services to best work together with Black and Minority Ethnic Women. 38
Bawso Limited Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 25. Anatysis of changes in net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash at bank and in hand Debt due within one year Debt due after one year 898,959 (9,810) (14,387) 874,762 (447,377) 451,582 19,810) 13,789) 437.983 10,598 (436,779) 26. Operating lease commitments The total future minimum lease payments under non-cancellable operating leases are as follows" 2025 2024 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. Anatysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Net Current assets 56,062 629,224 777,788 167,033 833,850 796,257 Net assets 685,286 944,821 1,630,107 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Net Current assets 45,163 779,975 811,400 130,990 856,563 910,965 Net assets 825,138 942,390 1,767,528 28. Limitation of auditors liability By way of a members, resolution dated 15th December 2021, 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. 29. 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 SeNices Limited. As at 31 st March 2024 £891 (2024.. £2,918) was owed from Bawso Training and Interpreting Services Limited. As at 31st March 2025 Bawso Training and Interpreting SeNices Limited made a donation of £22.800 (2024" £1,794) to Bawso Limited by guarantee. 39