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2024-03-31-accounts

Registered Charity No:1087995 Registered Company No: 2514040 (England and Wales)

SHAMA WOMEN'S CENTRE (Limited by Guarantee)

FOR THE YEAR ENDED 31 MARCH 2024

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Charity Reference and Administrative Details 1
Report of the Management Committee (Including Directors' Report and Strategic Report) 2 - 5
Independent Examiners Report 6
Statement of Financial Activities (Including Income and Expenditure Account) 7
Balance Sheet 8 - 9
Cashflow Statement 10
Notes to the Accounts 11 - 19
Detailed Income & Expenditure Account for the year ended 31 March 2024 20
Detailed Expenditure for the year ended 31 March 2024 21

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

CHARITY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024

Charity Registration Number: 2514040
Company Registration Number: 1087995
Trustees: Yasmin Nathani MBE (Chairperson)
Mehjabeen Adam Cara (Treasurer)
Aysha Hussain (Secretary)
Vandana Narotamo
Rashida Billimoria
Razia Shaikh
Dollie Unsudimi
Catherine Normington
Secretary: Aysha Hussain
Registered Office: 39/45 Sparkenhoe Street
Leicester
LE2 OTD
Independent Examiners: Celerica Ltd
Certified Accountants
First Floor, The Old Chapel
9 Kempson Road
Leicester
LE2 8AN

Page 1

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

REPORT OF THE MANAGEMENT COMMITTEE (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2024

The members of the management committee present their report and financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS(102) in preparing the annual financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016).

Members of the Management Committee

Members of the management committee, are also the directors of the charitable company and its trustees for the purpose of charitable law. The trustees who have served during the year and since the year end are as follows:

Yasmin Nathani MBE (Chairperson) Mehjabeen Adam Cara (Treasurer) Aysha Hussain (Secretary) Vandana Narotamo Rashida Billimoria Razia Shaikh Dollie Unsudimi Catherine Normington

Objectives and Activities

The charities objectives and principal activities are to provide training, recreational, social, health and well being activities for its members and other users from the local wider community. It provided a range of support to help women make full use of its services such as a good OFSTED registered onsite childcare facility and to widen its appeal to the wider community.

Public Benefit Statement

The Management Committee have considered the general guidance on public benefit issued by the Charities Commission and has taken due regard of that guidance. They consider they are satisfied that the charity's activities do provide a wide public benefit.

Page 2

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

REPORT OF THE MANAGEMENT COMMITTEE (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)

Structure, Governance and Management

The charity is a company limited by guarantee. It's objects are to provide training, recreational, social and cultural activities for its members from the local surrounding community. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

The directors of the company are also charity trustees for the purposes of company law and under the company's articles are known as the Management Committee. The Chair person, Treasurer and Secretary have to be re-elected each year.

New members of the committee must be members of the Centre with due consideration taken by existing members for their suitability before being elected. However, the Management Committee has the power to co-opt individuals onto the committee who are not required to be members but who are committed to the objects of the group and can provide additional skills and professional expertise. Appropriate training and development is provided as required for their roles as Management Committee Members.

The Management Committee are aware of the significant risks to funding and review the situation at every Management Committee meeting. Appropriate plans to deal with this are in place and are continually monitored. Procedures are also in place to monitor the Health and Safety of all of the Centre's staff, members and visitors to the Centre.

The Charity has a Management Committee of up to 12 members who meet regularly and are responsible for the strategic direction of the Centre. The Management Committee work as a team with a scheme of delegation in place to ensure the charity delivers and maintains the services required.

Achievements and Performance

The main areas of the charity's activities is to provide services to help and overcome cultural barriers to training and work; improve health and well-being and overcome isolation. It does this through a menu of activities including skills training, accredited qualifications, language support, confidence building, volunteering, mentoring and helping to find work. It also provides onsite childcare for 2-4 year olds in its "Good" OFSTED registered nursery helping remove barriers to accessing it's services. It's core service include mental health counselling, befriending and domestic abuse support.

Since April 2022 the majority of its services have been delivered at the Centre, with some services giving service users the option for virtual and telephone help, which included befriending through Coronal Comrades, counselling, welfare rights and domestic abuse support. It has provided a range of health and wellbeing programmes raising awareness and capturing insight on health conditions prevalent in Black Asian Minority Ethnic Communities to reduce health inequalities, as part of the Core 20 Plus 5 programme, strengthening partnership working with NHS Integrated Care Board and and University Hospitals Leicester. It extended its provision to include workers and Exploitation Level 1 programme educating women on their rights.

Page 3

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

REPORT OF THE MANAGEMENT COMMITTEE (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)

Financial Review (including reserves policy)

Although it has been somewhat successful in securing additional Covid-19 grants, it has continued to develop traded services and business engagement activities to generate unrestricted income; in order to build its reserves.

The Centre made a surplus of £145,718 with unrestricted reserves of £94,668.

The Management Committee are aware that the Centre must continually secure funding to be able to deliver its core services.

The Centre has been based at the current address for over 38 years. Several parts of the premises are in real need of repairs and replacement. We are looking to find an alternative premises. These costs have been estimated at £110,000. A separate designated reserve has been set up to carry out this purpose.

Principal Funding Sources

The principal funding sources are currently the Community Fund, Garment and Textiles Workers Trust and Gambleware. The Centre continues to apply for new funding in order to continue to meet the needs of the local community it serves.

Investment Policy

The Charity aims to provide a prudent level of reserves each year. The majority of funds are spent in the short term. Having considered the options available, the Management Committee have kept appropriate funds in interest bearing bank accounts.

Reserve Policy

The reserve policy of the Charity is to try to maintain unrestricted funds of at least 6 months running costs. This is to ensure that it can continue to meet it's obligations for pre-booked courses.

Plans for Future Periods

The Centre will continue to deliver its business engagement activities and traded services to the business sector in order to increase its unrestricted reserves and reduce its reliance on grant funding. It plans to hold a number of fundraising events and identify further sponsorship opportunities.

To ensure long term sustainability of the Centre it will maximise on the use of its facilities and trading services to users who can afford to pay and for other businesses.

Statement of Management Committee

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

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources of the charitable company for the year.

Page 4

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

REPORT OF THE MANAGEMENT COMMITTEE (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)

Statement of Management Committee (continued)

In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities 2019(FRS 102) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by the Management Committee on …............... 2024 and signed on its behalf by:

……………………………………… Yasmin Nathani (MBE)

Page 5

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF SHAMA WOMEN'S CENTRE FOR THE YEAR ENDED 31 MARCH 2024

We report to the trustees on our examination of the accounts of the company for the year ended 31 March 2024 which are set out on pages 7 to 20.

Responsibilities and Basis of Report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

Having satisfied ourselves that the accounts of the company are not required to be audited under Part 6 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of your company's accounts as carried out under section 145 of the Act 2011 ("the 2011 Act"). In carrying out our examination, we have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

We have completed our examination. We can confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:

We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

CELERICA LTD CHARTERED CERTIFIED ACCOUNTANTS FIRST FLOOR THE OLD CHAPEL …………………………………….. 9 KEMPSON ROAD CELERICA LEICESTER Dated : …................... 2024 LE2 8AN

Page 6

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES

(including Income & Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2024

Note
Income and endowments from:
Donations and legacies
2
Activities for generating funds
3
Voluntary income
2
Total income and endowments
Expenditure on:
Charitable activities
5
Cost or generating voluntary income
5
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
Designated
Restricted
Total
Total
Funds
Fund
Funds
Funds
Funds
2024
2024
2024
2024
2023
£
£
£
£
£
3,126
-
-
3,126
10,951
13,639
-
-
13,639
15,675
118,474
-
461,892
580,366
370,722
135,239
-
461,892
597,131
397,348
2,841
-
441,096
443,937
372,967
-
-
7,476
7,476
7,446
2,841
-
448,572
451,413
380,413
132,398
-
13,320
145,718
16,935
(110,000)
110,000
-
-
-
22,398
110,000
13,320
145,718
16,935
72,270
-
3,285
75,555
58,620
94,668
110,000
16,605
221,273
75,555

All income and expenditure derive from continuing activities.

The statement of financial activities include all gains and losses recognised during the year.

Page 7

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE) Registered Company No: 2514040

BALANCE SHEET AS AT 31 MARCH 2024

FIXED ASSETS
Note
Tangible assets
13
CURRENT ASSETS
Debtors
14
Cash at bank and in hand
CREDITORS:amounts falling due
within one year
15
NET CURRENT ASSETS
NET ASSETS
16
FUNDS
Unrestricted Funds
General Fund
Property Fund
Restricted Funds
Miscellaneous
20		 £
£
4
34,676
367,835
402,511
181,242
221,269
221,273
94,668
110,000
204,668
16,605
16,605
221,273
2024		 £
£
4
5,753
195,747
201,500
125,949
75,551
75,555
72,270
-
72,270
3,285
3,285
75,555
2023

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act for the year ended 31 March 2024.

The members have not required the charitable company to obtain an audit of the financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2016.

Page 8

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE) Registered Company No: 2514040

BALANCE SHEET AS AT 31 MARCH 2024 (CONTINUED)

The trustees acknowledge their responsibilities for:

b) preparing financial statements which give a true and fair view of the state of the

charitable company as at the end of the financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been approved in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.

The financial statements were approved by the Board of Trustees on …..................... 2024

………………………………… YASMIN NATHANI MBE

Chairperson

The notes on pages 11 to 19 form part of these accounts

Page 9

SHAMA WOMEN'S CENTRE

(LIMITED BY GUARANTEE)

Registered Company No: 2514040

CASHFLOW STATEMENT AS AT 31 MARCH 2024

Cash flow from operating activities
Net movement in funds
Depreciation of tangible fixed assets
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Bank interest received
Bank interest paid
Net cash flow from operating activities
Cash flow from investing activities
Purchase of tangible fixed assets
Interest received
Net cash flow from investing activities
Cash flow from financing activities
Receipts from issue of new long term loans
Repayment of long term loans
Interest paid
Net cash flow from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 April 2023
Cash and cash equivalents at 31 March 2024
Cash and cash equivalents consists of:
Cash at bank and in hand
Cash and cash equivalents at 31 March 2024		 2024
£
145,718
-
(28,923)
55,293
-
-
172,088
-
-
-
-
-
-
-
172,088
195,747
367,835
367,835
367,835		 2023
£
16,935
2,663
7,703
60,806
-
-
88,107
-
-
-
-
-
-
-
88,107
107,640
195,747
195,747
195,747

Page 10

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024

1 Accounting Policies

1. Summary of significant accounting policies

a General information and basis of preparation

Shama Women's Centre is a registered charity in England and Wales and also a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. The address of the charity's head office is given on page 1 of these financial statements. The nature of the charity's operations and principal activities detailed on page 2 of these financial statements.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016, the Financial issued on Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.

The financial statements have been prepared to give a "true and fair" view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and fair" view. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value where considered necessary. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound.

b Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

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

Page 11

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

1 Accounting Policies (Continued)

1. Summary of significant accounting policies (Continued)

c Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance of conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. A corresponding amount is recognised in expenditure.

No amount of time is included in the financial statements for volunteer time in line with SORP FRS (102). Further detail is given in the Trustees Annual Report.

Investment income is earned through holding assets for investment purposes such as interest. Interest income is recognised using the effective interest method. Any dividend and rent income is recognised as the charity's right to receive payment is established.

d Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

e Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative costs. They are incurred directly in support of expenditure on the objects of the charity.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Page 12

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

1 Accounting Policies (Continued)

1. Summary of significant accounting policies (Continued)

f Tangible fixed assets and depreciation

Depreciation is provided on tangible fixed assets costing more than £1,000 which are capitalised and include incidental expenses of acquisition.

Depreciation is provided on all tangible fixed assets at a rate calculated to write off the cost on a straight line basis over the expected useful economic life as follows

Leasehold Property Period of lease Machinery, Equipment and Utensils 10 years Furniture, Fixtures and Fittings 10 years Library 10 years Computer Equipment written off in year of purchase

g Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

h Provisions

Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, It is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

i Leases

Rentals payable or receivable under operating leases are charged to the SoFA on a straight line basis over the period of the lease.

j Pension costs

The pension cost charged in the financial statements represents the contribution payable by the charity during the year. Work place pension costs are allocated to the activity to which the wages costs relate. All other pension costs are excluded from restricted reserves.

k Taxation

No provision has been made for taxation as the charity's charitable status renders it exempt from UK direct taxation.

l Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

Page 13

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

2 Voluntary Income
Nursery-FEEE
LCC Adult Education
Healthy Minds Healthy Lives
Imkaan
The Lloyds Bank Foundation
Community Org Cost of Living
Positive Communities
Randal Charitable Foundation
Getting Help in Neighbourhood (LLRICB)
Gambleware
Core 20 Plus 5
Stand with Us Fund / Rosa
Phillips Centre Prevent
Garment Textiles
UHL
MacMillan Charity
CAF
Independent Age
NGED
Miscellaneous Grants (Page 20)
Miscellaneous Income
Donations
Smallwood Women's Urgent Support
Fund		 Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
19,935
-
19,935
9,237
-
7,965
7,965
-
-
78,311
78,311
114,710
-
-
-
27,852
25,000
-
25,000
27,500
-
70,146
70,146
-
-
16,397
16,397
37,332
-
12,636
12,636
4,000
-
41,662
41,662
49,995
-
61,338
61,338
7,633
14,021
-
14,021
27,690
-
10,000
10,000
23,720
-
18,450
18,450
6,150
-
7,423
7,423
14,077
-
88,494
88,494
-
34,802
-
34,802
-
-
13,820
13,820
-
11,666
-
11,666
-
-
35,250
35,250
5,000
10,000
-
10,000
-
-
-
15,826
3,050
-
3,050
-
3,126
-
3,126
10,951
121,600
461,892
583,492
381,673

3 Income resources from activities to further the Charity's Objects

Other Activities
Rental		 Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
7,016
-
7,016
6,853
6,623
-
6,623
8,822
13,639
-
13,639
15,675

Page 14

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

4 Investment income

Bank Interest Received
5 Analysis of expenditure on charitable activities		 2024
2023
£
£
-
-
Direct charitable
Salaries and national insurance
Staff pension scheme
Sessional workers and cleaning
Staff training
People's Partnership payment
Support Costs
Telephone
Computer costs
Printing and stationery
Transport and travelling expenses
Bank charges
Sundries
Volunteer's expenses
Advertising
Rent, rates and refuse collection
Insurance
Light and heat
Equipment and fixtures depreciation
Cleaning expenses
Repairs and maintenance
Leasehold depreciation
Governance costs
Accountancy
Payroll services
Legal and professional fees		 Unrestricted
Property
Restricted
2024
2023
Fund
Fund
Funds
Total
Total
£
£
£
£
£
-
-
333,058
333,058
277,880
-
-
624
624
4,919
-
-
11,257
11,257
4,953
-
-
64
64
3,122
-
-
13,756
13,756
-
-
-
3,717
3,717
4,972
-
-
1,432
1,432
2,945
-
-
5,781
5,781
3,890
-
-
17
17
752
-
-
735
735
419
-
-
2,419
2,419
4,776
-
-
-
-
-
-
-
-
-
1,324
-
-
39,092
39,092
31,517
-
-
5,200
5,200
3,553
-
-
6,410
6,410
10,338
-
-
-
-
2,663
-
-
4,009
4,009
1,523
-
-
10,124
10,124
3,450
-
-
-
-
-
559
-
2,701
3,260
3,480
-
-
700
700
700
2,282
-
-
2,282
5,791
2,841
-
441,096
443,937
372,967
Cost of generating voluntary income
Materials and equipment
-
-
3,254
3,254
3,244
Nursery expenses
-
-
4,222
4,222
4,202
-
-
7,476
7,476
7,446

Page 15

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

6
Net outgoing resources
This is stated after charging:
Depreciation on owned assets
7
Staff costs
Wages and salaries
Social security costs
Pension contributions
Average Number of Employees
The average number of employees for the year is calculated on actual
8
Committee members expenses
Expenses to a committee member:
Travel and subsistence paid direct to third party		 2024
2023
£
£
-
2,663
-
2,663
2024
2023
£
£
322,876
270,374
15,592
12,459
6,471
4,919
344,939
287,752
22
21
people employed
2024
2023
£
£
-
-

9 Pensions costs

The company operates a defined contribution pension scheme in respect of the employees of the charity, The scheme and its assets are held by independent managers The pension charge represents the contributions due from the charity and amounted to £6,471. (2023: £4,919)

10 Taxation

As a charity, Shama Women's Centre is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or S256 of the Taxation of Chargeable Gains Act 1992 to the extent that these applied to its charitable objects. No tax charge have arisen in the charity.

11 Independent Examiners remuneration

The independent examiner's fees amounts to £2,500 (2023: £2,500). There were no other services.

Page 16

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

12 Trustees and key management personnel remuneration and expenses

The trustees received no remuneration during the year. (2023: Nil) The trustees did not have any expenses reimbursed during the year. (2023: Nil)

13
Tangible fixed assets
Leasehold
property
alterations
£
Cost
At 1st April 2023
70,102
Additions
-
Disposals
-
At 31st March 2024
70,102
Depreciation
At 1st April 2023
70,101
Charge for the year
-
Disposals
-
At 31st March 2024
70,101
Net book value
At 31st March 2024
1
At 31st March 2023
1
14
Debtors
Resources and activities debtors
Other debtors		 Machinery,
equipment
& utensils
£
75,795
-
-
75,795
75,794
-
-
75,794
1
1		 Furniture,
fixtures
fittings
£
36,145
-
-
36,145
36,144
-
-
36,144
1
1		 Computer
equipment
Total
£
£
15,089
197,131
-
-
-
-
15,089
197,131
15,088
197,127
-
-
-
-
15,088
197,127
1
4
1
4
2024
2023
£
£
-
-
34,676
5,753
34,676
5,753

Page 17

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

15
Creditors: Amounts falling due within one year
Other creditors
Deferred income
16
Analysis of net assets between funds
Restricted
funds
£
Funds balances at 31st March 2024
represented by:
Tangible fixed assets
-
Net current assets
-
-		 Capital
funds
£
-
-
-		 2024
£
3,600
177,642
181,242
General
funds
£
4
221,269
221,273		 2023
£
3,600
122,349
125,949
2024
Total
£
4
221,269
221,273

17 Operating lease

At 31st March 2024 the charity has annual commitments under non-cancellable operating leases as follows:

Due within one year 2024
2023
£
£
30,000
30,000
Land &
Buildings

18 Related Party Transactions

There were no related party transactions during the year. (2023: None)

19 Control

The charity is run by the Committee members who are guided by the Chair person Yasmin Nathani MBE. The day to day running of the charity is co-ordinated by Khudeja Amer-Shariff who is also the funding officer of the charity and is supported by Sajeeda Badat. They have to report to the Committee Members on a regular basis to ensure the safeguarding of the charity assets.

Page 18

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Notes to the accounts for the year ended 31 March 2024 (Continued)

20 Movement in funds
Restricted funds
LCC Adult Education
Healthy Minds Healthy Lives
Community Org Cost of Living
Positive Communities
Randal Charitable Foundation
Getting Help in Neighbourhood (LLRICB)
Gambleware
Smallwood Women's Urgent Support Fund
Stand with Us Fund / Rosa
Phillips Centre Prevent
Garment Textiles
MacMillan Charity
Independent Age
Total restricted funds
Unrestricted funds
General fund
Designated Fund
Property fund
Total unrestricted funds
Total funds		 At 31 March
2023
£
3,285
-
-
-
-
-
-
-
-
-
-
-
-
3,285
72,270
-
72,270
75,555		 Incoming
Resources
£
7,965
78,311
70,146
16,397
12,636
41,662
61,338
10,000
18,450
7,423
88,494
13,820
35,250
461,892
-
135,239
-
135,239		 Outgoing
Resources
Transfer
£
£
(7,965)
-
(78,311)
-
(70,146)
-
(16,397)
-
(12,636)
-
(41,662)
-
(61,338)
-
(10,000)
-
(18,450)
-
(7,423)
-
(88,494)
-
(500)
-
(35,250)
-
(448,572)
-
(2,841) (110,000)
-
110,000
(2,841)
-		 At 31 March
2024
£
3,285
-
-
-
-
-
-
-
-
-
-
13,320
-
16,605
94,668
110,000
204,668
221,273

21 Designated Fund

The Centre has been based at the current address for over 38 years. Several parts of the premises are in real need of repairs and replacement. We are looking to find an alternative premises. These costs have been estimated at £110,000. A much needed unrestricted designated reserve has been set up to carry out this work.

Page 19

SHAMA WOMEN'S CENTRE

(LIMITED BY GUARANTEE)

----- Start of picture text -----
Detailed Income & Expenditure Statement for the year ended 31 March 2024
Randal Community
Healthy Minds Getting Help in the Independent Positive Charitable Organisations Smallwood
Unrestricted Miscellaneous MacMillan Healthy Lives Neighbourhood Age Communities Foundation Cost of Living Trust Garment Textiles Gambleware
2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2023
General Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Total Total
Income £ £ £ £ £ £ £ £ £ £ £ £ £ £
Leicester City Council :
Nursery-FEEE 19,935 - - - - - - - - - - - 19,935 9,237
Healthy Minds Healthy Lives - - - 78,311 - - - - - - - - 78,311 114,710
Adult Education - 7,965 - - - - - - - - - - 7,965 -
Other;
Imkaan - - - - - - - - - - - - - 27,852
The Lloyds Bank Foundation 25,000 - - - - - - - - - - - 25,000 27,500
Community Org Cost of Living - - - - - - - - 70,146 - - - 70,146 15,826
Positive Communities - - - - - - 16,397 - - - - - 16,397 37,332
Randal Charitable Foundation - - - - - - - 12,636 - - - - 12,636 4,000
Getting Help in Neighbourhood (LLRICB) - - - - 41,662 - - - - - - - 41,662 49,995
Gambleware - - - - - - - - - - - 61,338 61,338 7,633
Core 20 Plus 5 14,021 - - - - - - - - - - - 14,021 27,690
Smallwood Women's Urgent Support Fund - - - - - - - - - 10,000 - - 10,000 23,720
Stand with Us Fund / Rosa - 18,450 - - - - - - - - - - 18,450 6,150
Phillips Centre Prevent - 7,423 - - - - - - - - - - 7,423 14,077
Garment Textiles - - - - - - - - - - 88,494 - 88,494 -
UHL 34,802 - - - - - - - - - - - 34,802 -
MacMillan Charity - - 13,820 - - - - - - - - - 13,820 -
Independent Age - - - - - 35,250 - - - - - - 35,250 5,000
NGED 10,000 - - - - - - - - - - 10,000 -
CAF 11,666 - - - - - - - - - - - 11,666 -
Income from recreational activities:
Other activities 7,016 - - - - - - - - - - - 7,016 6,853
Donations 3,126 - - - - - - - - - - - 3,126 10,951
Miscellaneous income 3,050 - - - - - - - - - - - 3,050 -
Rental 6,623 - - - - - - - - - - - 6,623 8,822
135,239 33,838 13,820 78,311 41,662 35,250 16,397 12,636 70,146 10,000 88,494 61,338 597,131 397,348
Expenditure
Allocation 2,841 33,838 500 78,311 41,662 35,250 16,397 12,636 70,146 10,000 88,494 61,338 451,413 380,413
Surplus / (deficit) before taxation 132,398 - 13,320 - - - - - - - - - 145,718 16,935
Funds Brought Forward 72,270 - - 3,285 - - - - - - - - 75,555 58,620
204,668 - 13,320 3,285 - - - - - - - - 221,273 75,555
----- End of picture text -----

This page does not form part of the statutory financial statements

Page 20

SHAMA WOMEN'S CENTRE (LIMITED BY GUARANTEE)

Detailed Income & Expenditure Statement for the year ended 31 March 2024

Expenditure
Establishment Expenses
Rent, rates and refuse collection
Insurance
Light and heat
Equipment and fixture depreciation
Cleaning expenses
Repairs and maintenance
Leasehold depreciation
Administration expenses
Salaries and national insurance
Staff pension scheme
Sessional workers and cleaning
Staff training
Telephone
Computer costs
Printing and stationery
Transport and travelling expenses
Bank charges
Accountancy
Payroll services
Sundries
Legal and professional fees
Advertising
People's Partnership payment
Activity Expenses
Materials and equipment
Nursery expenses
Total		 2024
Total
£
39,092
5,200
6,410
-
4,009
10,124
-
64,835
333,058
624
11,257
64
3,717
1,432
5,781
17
735
3,260
700
2,419
2,282
-
13,756
379,102
3,254
4,222
7,476
451,413		 2023
Total
£
31,517
3,553
10,338
2,663
1,523
3,450
-
53,044
277,880
4,919
4,953
3,122
4,972
2,945
3,890
752
419
3,480
700
4,776
5,791
1,324
-
319,923
3,244
4,202
7,446
380,413

This page does not form part of the statutory financial statements

Page 21