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2022-03-31-accounts

Company registration number: 04694786 Charity registration number: 1100329

West Cornwall Women's Aid

(A company limited by share capital)

Annual Report and Financial Statements

for the Year Ended 31 March 2022

Walker Moyle Ltd Alverton Pavilion Trewithen Road Penzance Cornwall TR18 4LS

West Cornwall Women's Aid

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 10
Statement of Trustees' Responsibilities 11
Independent Auditors' Report 12 to 15
Statement of Financial Activities 16
Balance Sheet 17
Statement of Cash Flows 18
Notes to the Financial Statements 19 to 36

West Cornwall Women's Aid

Reference and Administrative Details

Trustees

Jenny Wingham Alexandra Lethbridge Rachel Garside Rosalind Norton John Watts Tessa Snellgrove Emily Harrington Rhiannon Jones Mandy Pearce Ellen Rudge

Senior Management / Leadership Cathy Lunt, General Manager Team Elizabeth Matthews, CEO Charity Registration Number 1100329 Company Registration Number 04694786 The charity is incorporated in England and Wales. Registered Office Maura Place 11 Market Place Penzance England TR18 2JB Solicitors: Coodes Solicitors 8 Market Street St Austell Cornwall PL25 4BB Senior Statutory Auditor Paula Thomas BA FCA DChA Auditor Walker Moyle Ltd Alverton Pavilion Trewithen Road Penzance Cornwall TR18 4LS Bankers HSBC Plc Penzance 1 Greenmarket Penzance Cornwall TR18 2SD

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West Cornwall Women's Aid

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2022. The report is a combined annual report containing a directors' report as required by company law. The financial statements have been prepared in accordance with current statutory requirements, the Articles of Association, and the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP FRS 102).

Reference and Administrative information, set out on Page 1, forms part of this report.

Governance

West Cornwall Women’s Aid was incorporated as a Company Limited by Guarantee on 12 March 2003 and is regulated by its Memorandum and Articles of Association.

The Company was registered with the Charity Commission on 27 October 2003. The Company is a Charity with the objects to provide relief of poverty, distress and suffering experienced by women and their children who have been abused in domestic situations.

The organisation is a charitable company limited by guarantee. The Company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the Company being wound up, members are required to contribute an amount not exceeding £10.

The individuals listed on Page 1 served as Directors for the purposes of Company Law and Trustees for the purpose of Charity Law during the year.

The Trustees meet regularly and are responsible for the strategic direction of the Charity. The day to day running of the Charity is overseen by the CEO. Trustees are elected at the Annual General Meeting and one-third shall retire from office by rotation. Decisions are made based on a majority of votes.

The Trustees are an experienced and cohesive group. We seek to recruit Trustees with particular skills and interests. New Trustees complete a training programme.

The major risks to which the Charity is exposed, as identified by the Trustees, have been reviewed and systems or procedures have been established to manage those risks.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

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West Cornwall Women's Aid

Trustees' Report

Charity History

West Cornwall Women’s Aid (WCWA) has been working in the field of Domestic Abuse and Sexual Violence (DASV) and delivering projects in West Cornwall for 34 years. WCWA was established in 1987 by a group of female volunteers who initially ran a Helpline in Penzance. WCWA research established the level of need for safe accommodation for women and children seeking to flee from DASV. A campaign to raise the profile of the project and findings from the research resulted in the acquisition of suitable premises which became an operational refuge in 1992; whilst retaining an office and support services in central Penzance. A second refuge property was acquired in 1995. WCWA can accommodate up to 11 women and 16 children within its refuge provision, which is a UK wide resource.

The Community Service Project was established in 2001, for women and children living in West Cornwall and the Isles of Scilly whose lives have been affected by DASV. WCWA provides Helpline, Outreach, Counselling and Group Work Programmes. It is well documented that where women and children are forced to flee the county this serves to compound their difficulties - loss of family and friends, loss of local connection and disruption to education. The effectiveness of the Community Services Development Project is due to early intervention, prevention and protection; intervention type is defined by the women and children, preventing the breakdown of family structures and sustainable community support. Specifically trained volunteers are the direct workforce for the Community Services Project.

WCWA is women-founded and women-led. Gender based violence against women and girls is a violation of human rights and is rooted in gender inequality. WCWA aims to educate and build individual resilience of women and girls to reduce further abuse and increase life chances for themselves, their children and consequently generations to come. WCWA defines itself as a feminist organisation that strongly believes in empowering women experiencing domestic violence and abuse to take control of their own lives and to make their own choices and decisions.

Mission Statement

Vision

West Cornwall Women’s Aid's vision is of a world where women and children live their lives free from domestic and sexual abuse.

Mission

West Cornwall Women’s Aid exists to bring an end to the harm done through domestic abuse and sexual violence. Our work is holistic and empowering, working alongside survivors to achieve independent lives free from abuse.

Values

West Cornwall Women’s Aid’s core values reflect our history and were developed with staff, service users and trustees. We are:

Page 3

West Cornwall Women's Aid

Trustees' Report

Objectives

The Charity’s objects are:

• to provide for the relief of poverty, distress and suffering experienced by women or children who have experienced domestic abuse and/or sexual violence irrespective of race, culture, sexual orientation or ability, in particular but not exclusively by:

a) providing short term refuge accommodation to women and their children whose safety is at risk as a result of domestic abuse, sexual violence including exploitation and modern slavery, honour-based violence and female genital mutilation;

b) providing support services to women and their children in refuge accommodation to meet their additional physical, mental and emotional needs, to promote their long-term safety and well-being and to enable them to progress from danger to safety and independence;

c) providing on-going community-based support for the health and well-being of women and their families who are safe to do so and who wish to do so, to stay in their own homes;

d) providing community resettlement services to support women and their children progressing from refuge accommodation to independent living;

e) recruiting, training and supporting paid and unpaid staff to provide a range of community-based services to women and children (in particular but not exclusively one to one support, counselling, helpline, psycho-educational and other well-being activities).

• to inform and educate the public, other service providers and authorities and the media on gender-based abuse and its impacts.

Activities

In determining activities Trustees have given due regard to the Charities Commission guidance on Public Benefit. Our activities deliver public benefit as follows:

• Exchange and analysis of information relating to domestic abuse and sexual violence (DASV) with the agencies represented at the Cornwall Domestic Abuse and Sexual Violence Delivery Group; feeding into Cornwall Domestic Abuse and Sexual Violence Strategic Group, MARAC Steering Group and Domestic Homicide Review Panel

• Work with the Cornwall Community Safety Partnership for Safer Towns to target persistent problem areas and work with communities and partners to develop sustainable solutions

• Operate a Helpline, in West Cornwall, for women who are, or have been, in abusive relationships or households or who have experienced sexual abuse

• Provide and facilitate a rolling group work programme: therapeutic groups, psycho-educational courses, CBT, empowerment workshops and peer led groups for women whose lives have been affected by abuse including historic/childhood abuse

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West Cornwall Women's Aid

Trustees' Report

Achievements and Performance

In this reporting year we have been awarded the following grants/contracts:

Safer Cornwall commissioned refuge provision and resettlement programme for women and children (staff and services) April 2020 - 2023 (potential for 1+1+1 years)

Our funding from Devon & Cornwall Police & Crime Commissioner and Trusthouse ended during the year

Cornwall Community Foundation provided us with 4 small grants, which we used to pilot an expansion in our service delivery model, to great impact

Our National Lottery 5-year grant commenced in September 2021

We continue to be supported by Lloyds Foundation until April 2022

In May 2021 we were awarded a further 3-year grant by Children in Need.

We were awarded an Awards for All grant in February 2022 and on 31 March 2022 we were awarded a Sparks grant by Trevi.

We have received donations from a range of donors both financially and in kind. We have several community groups who have provided year on year support, these include Mother’s Union and local churches. Donations range from holidays to outings and gifts for women and children. Additionally, we received many donated items from members of the public both for refuge families and those living in their own homes locally.

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West Cornwall Women's Aid

Trustees' Report

Who used and benefited from our services

Refuge Services

The provision of a refuge service, to women and children who are at high risk from domestic abuse, is a key component of WCWA’s service provision. Women and children receive intensive support focused on increasing their safety and assisting them in their recovery from abuse. We aim to improve well-being and an understanding of the dynamics of domestic abuse.

We continue to provide Refuge accommodation for up to 11 women and 16 children and a move-on refuge resettlement programme.

Service provision for 2021/22 as follows:

Resettlement

Our resettlement project experienced high levels of demand for support throughout the year, particularly during lockdown periods. Support which was provided included telephone, face to face support - one to one and group support, therapeutic/trauma support, family work, practical support. The service provides more intensive one to one support as women move-on from refuge into the community. Practical assistance is provided to ensure any necessary safety measures are in place as women move into their new homes, and with a variety of issues including help with utilities, arranging the move, budgeting, benefits and if necessary moving children’s schooling. Once women are settled in their homes, group support is provided to encourage social connection, and further assistance in emotional recovery. One to one support can still be provided if a family has a crisis. Family work is undertaken with the Family Worker and Resettlement Worker, working individually and then together with the family to strengthen family bonds and resolve issues.

Community Services - Helpline, Outreach, Counselling and Group Work

These services are provided by specifically trained volunteers to women living in West Cornwall and the Isles of Scilly. Counsellors are at Diploma or Degree level. We introduced a paid post to deliver Well-Being support to women in the community who were facing complex issues as a consequence of the trauma they had experienced. The support was delivered face-to-face and over the telephone.

Community Services are key interventions for the early intervention, prevention and protection of women and children. Sustainable community support is provided to develop safety plans and prevent the breakdown of family structures. Referrals pathways are established with relevant agencies and support services to meet additional needs e.g. Early Help Hub, Multi Agency Referral Unit (MARU), We are With You, Outlook Southwest, Citizen’s Advice Bureau, Colleges and food banks.

Helpline and Outreach

Counselling

Page 6

West Cornwall Women's Aid

Trustees' Report

Group Work Programmes

Number of women accessing a range of group support: 119

Volunteer programme

During the height of the pandemic many of our volunteers 'stood-down'. In this year they were gradually able to return to delivering face-to-face support services and operating the Helpline from our Community Building, Maura Place.

In June of this year our Volunteer Coordinator transferred to an alternative role within the organisation, and we recruited a new Volunteer Coordinator. She reviewed and updated the Volunteer Training programme and a restructured Training Programme commenced towards the end of the year. We sought to recruit new volunteers for our Helpline, Outreach and Refuge services. Our Training Programme is 8 weeks, Understanding and Recognising Domestic Abuse and Sexual Violence, Child Sexual Exploitation, Safeguarding, Equality and Diversity and Family Law.

Total number of volunteers (including trustees): 28

Volunteers also received additional training in the following areas:

Volunteer Activities - number of hours

Total number of volunteer hours: 4,354 Total number of volunteers: 28

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West Cornwall Women's Aid

Trustees' Report

Activities during this reporting year:

The covid-19 pandemic continued to impact our service delivery model. We offered less indoor group work than we had previously done, and our face-to-face work had to be covid assessed, with measures imposed to mitigate covid risk.

Our General Manager, of 17 years, retired in June 2021 and a new Chief Executive Officer was appointed and took up her post in July 2021.

‘Front-line’ safety and support work continued within the refuges, with adaptions to our service delivery model in place, until February 2022, when the government ended all legal restrictions. Women and children, accessing our refuges, reported that the abuse they had experienced was amplified by the impact of government imposed ‘lockdowns.’

Our refuge and resettlement group support activities were delivered with reduced numbers to mitigate covid risk. The summer activities programme, of 2021, was remodeled as we could not utilise mini-bus travel, so we were only able to access local venues.

Community one to one support continued and our programme of group work, in Maura Place, was delivered with numbers limited until February. Whilst on-line counselling and group therapy continued the number of women accessing face to face counselling increased.

We ran a very successful outdoor community event, which included a vigil, in partnership with local groups, to highlight ‘Violence Against Women and Girls’ issues, during ‘16 Days of Activism’. The event attracted a couple of hundred people and was well covered in the media

We networked with other organisations mainly via on-line forums (fora), although we began to hold some meetings in Maura Place.

We continued to work towards strengthening relationships with other commissioned and non-commissioned Domestic Abuse Sexual Violence (DASV) services by attending on-line meetings and networking events, but there were fewer opportunities than in previous years.

Our Community Services Manager resigned during lockdown. We recruited a new Community Services Manager, who came into post, as our Lottery grant commenced, in September 2021. We also took on a new Refuge Manager, as the previous manager was appointed to the chief executive post. In December of 2021 our Chair of Trustees stood down, after 4 years of service, she was replaced by two Co-Chairs, who had been out deputy chairs.

As in the previous year we noted:

We noted a greater awareness from the public, about the issues we work with, and more of a willingness from the community to become involved.

Women continued to tell us that the Covid-19 pandemic had been used as a tool for emotional abuse, coercion and control. This has included failing to return children following access visits, threats to remove children and vexatious reports to social services.

We have continued to see an increase in mental health problems and women experiencing isolation.

WCWA has had significant changes in senior personnel throughout the period. Although this has not been without its challenges it has resulted in the work of the charity becoming more visible. There has been growth and the service delivery model has been reviewed and enhanced.

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West Cornwall Women's Aid

Trustees' Report

WCWA security and long-term funding

Trustees are confident and optimistic in respect of WCWA long term operations and are satisfied that the future of the charity is secure.

The core activity of the charity, the provision of the refuge and community resettlement, is secure under commissioned contract with Safer Cornwall until 2023, with a potential for further 1+1+1 years. This position is strengthened by the Domestic Abuse Act, which received Royal assent on 29 April 2021, as the act includes, for the first time, a statutory duty on councils to provide survivors of domestic abuse with support in safe accommodation.

Applications submitted, during this reporting year, to Lloyds and Garfield Weston have now been awarded.

WCWA worked tirelessly throughout the pandemic and with the government restrictions to ensure we could continue to provide refuge services to enable women to flee, and to deliver a range of support services to meet the needs of women and children in our community. We are particularly grateful to our staff and volunteers for their dedication and hard work. We have also been overwhelmed by the generosity of the local community in their support of us and the work which we do. We have become more visible in our community, with Maura Place now displaying visible signage. As a result, we are supporting more women and children in our community building, and we anticipate that the numbers will continue to grow.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Jenny Wingham Alexandra Lethbridge Rachel Garside Rosalind Norton John Watts Tessa Snellgrove Emily Harrington (appointed 14 March 2022) Rhiannon Jones (appointed 14 March 2022) Mandy Pearce (appointed 14 March 2022) Ellen Rudge (appointed 14 March 2022) Chief Executive Officer: Elizabeth Matthews (appointed 1 July 2021) Senior Management / Leadership Cathy Lunt (resigned 30 June 2021) Team: Elizabeth Matthews (appointed 1 July 2021)

Financial review

Policy on reserves

The Charity Commission recommends an amount not less than the equivalent of 3 months’ expenditure is kept in free reserves and this is also the reserves policy of West Cornwall Women’s Aid. At the year end, the level of free reserves in the charity was £318,475 (2021: £210,572). This is regarded to be satisfactory.

Of the total funds of the charity, which stand at £683,480 (2021: £515,902), £223,787 (2021: £174,818) is considered designated, being the net book value of the freehold property, held for use by the charity.

Principal funding sources

The principle funding sources are from Safer Cornwall, Big Lottery and other Grant providers. The corresponding expenditure of this income is made in accordance with the contract or grant agreement.

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West Cornwall Women's Aid

Trustees' Report

Disclosure of information to auditor

Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.

The annual report was approved by the trustees of the charity on 6 December 2022 and signed on its behalf by:

Rosalind Norton Trustee

John Watts Trustee

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West Cornwall Women's Aid

Statement of Trustees' Responsibilities

The trustees (who are also the directors of West Cornwall Women's Aid for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on 6 December 2022 and signed on its behalf by:

Rosalind Norton Trustee

John Watts Trustee

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West Cornwall Women's Aid

Independent Auditor's Report to the Members of West Cornwall Women's Aid

Opinion

We have audited the financial statements of West Cornwall Women's Aid (the 'charitable company') for the year ended 31 March 2022, which comprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether 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.

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West Cornwall Women's Aid

Independent Auditor's Report to the Members of West Cornwall Women's Aid

Opinion on other matters prescribed by the Companies Act 2006

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company 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:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities (set out on page 11), the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

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West Cornwall Women's Aid

Independent Auditor's Report to the Members of West Cornwall Women's Aid

We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity at the planning stage of the audit. The charity is subject to laws and regulations that directly affect the financial statements, specifically the Companies Act 2006, Charities Act 2011 and Charities Statement of Recommended Practice. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items. The charity is also subject to laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation or loss of the charity’s ability to operate. In making this assessment we determined that the most significant elements of legislation include those relating to employment laws and regulations, health and safety standards and social care.

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Our procedures involved the following:

• Making enquiries of management regarding their knowledge of any non-compliance with laws and regulations that could affect the financial statements. As part of these enquiries, we also discussed with management changes in risk assessment relating to fraud, and whether there have been any known instances, allegations or suspicions of fraud, of which there were none.

• Considering the filings made at Companies House and any omissions thereon, of which none were identified.

• Discussing with management compliance with health and safety and social care legislation, including any reforms to these in light of national restrictions imposed during the year.

• Making enquiries of management and reviewing charity expenditure for any evidence of disputes, actual or potential litigation and claims, with regulators or any other such body, of which there were none.

• Audited the risk of management override of controls, including through testing of journal entries and other adjustments for appropriateness, and evaluating the rationale for significant transactions outside the normal course of charitable activities, of which there were none.

• Reviewed estimates and judgements made in the financial statements for any indication of bias and challenged assumptions used by management in making the estimates.

• Reviewed Board minutes and correspondence with regulators to corroborate the findings from the above.

Due to the inherent limitations of an audit, there remains a risk that we may not have detected some material misstatements in the financial statements or non-compliance with laws and regulations. This is despite the fact that we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed irregularities are from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. As with any audit, there remained a high risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. This risk was reduced by a thorough review of all controls in place that monitor items and transactions affecting the financial statements. The primary responsibility for the prevention and detection of irregularities and fraud rests with the trustees of the charity.

All relevant laws, regulations and significant risks of fraud identified have been clearly communicated to each member of the audit engagement team.

We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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West Cornwall Women's Aid

Independent Auditor's Report to the Members of West Cornwall Women's Aid

Use of our report

This report is made solely to the charitable company's trustees, 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 state to the charitable company's trustees 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 charitable company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.

......................................... Paula Thomas BA FCA DChA (Senior Statutory Auditor) For and on behalf of Walker Moyle Ltd, Statutory Auditor

Alverton Pavilion Trewithen Road Penzance Cornwall TR18 4LS

9 December 2022

Page 15

West Cornwall Women's Aid

Statement of Financial Activities for the Year Ended 31 March 2022

(Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
4
Total Income
Expenditure on:
Charitable activities
5
Total Expenditure
Net income/(expenditure)
Transfers between funds
Other recognised gains and losses
Fair value gains/(losses) on
Investment Property
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
20		 Unrestricted
funds
£
113,803
128,288
10,013
252,104
(133,160)
(133,160)
118,944
(13,701)
51,500
156,743
405,008
561,751		 Restricted
funds
£
150,075
271,393
-
421,468
(424,334)
(424,334)
(2,866)
13,701
-
10,835
110,894
121,729		 Total
2022
£
263,878
399,681
10,013
673,572
(557,494)
(557,494)
116,078
-
51,500
167,578
515,902
683,480		 Total
2021
£
179,536
325,221
10,063
514,820
(496,157)
(496,157)
18,663
-
-
18,663
497,239
515,902

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 20.

The notes on pages 19 to 36 form an integral part of these financial statements. Page 16

West Cornwall Women's Aid

(Registration number: 04694786) Balance Sheet as at 31 March 2022

Note
Fixed assets
Tangible assets
11
Investments
12
Current assets
Debtors
13
Investments
Cash at bank and in hand
Creditors: Amounts falling due within one year
14
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
20
Unrestricted income funds
Unrestricted funds
Total funds
20		 2022
£
167,552
120,000
287,552
16,595
2,500
468,588
487,683
(91,755)
395,928
683,480
121,729
561,751
683,480		 2021
£
162,111
68,500
230,611
16,618
-
302,744
319,362
(34,071)
285,291
515,902
110,894
405,008
515,902

The financial statements on pages 16 to 36 were approved by the trustees, and authorised for issue on 6 December 2022 and signed on their behalf by:

Rosalind Norton Trustee

John Watts Trustee

The notes on pages 19 to 36 form an integral part of these financial statements. Page 17

West Cornwall Women's Aid

Statement of Cash Flows for the Year Ended 31 March 2022

Note
Cash flows from operating activities
Net cash income
Adjustments to cash flows from non-cash items
Depreciation
Investment income
4
Loss on disposal of fixed assets held for the charity's own use
8
Fair value gain on investments
Working capital adjustments
Decrease/(increase) in debtors
13
Increase in creditors
14
Increase/(decrease) in deferred income
Net cash flows from operating activities
Cash flows from investing activities
Interest receivable and similar income
4
Purchase of tangible fixed assets
11
Purchase of investments
Income from rents
Net cash flows from investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March		 2022
£
167,578
11,285
(10,013)
-
(51,502)
117,348
23
275
57,409
175,055
13
(16,724)
(2,500)
10,000
(9,211)
165,844
302,744
468,588		 2021
£
18,663
9,190
(10,063)
356
-
18,146
(4,419)
3,442
(20,060)
(2,891)
67
(6,924)
-
9,996
3,139
248
302,496
302,744

All of the cash flows are derived from continuing operations during the above two periods.

The notes on pages 19 to 36 form an integral part of these financial statements. Page 18

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

West Cornwall Women's Aid meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis. In preparing and approving these financial statements the trustees have given due consideration to going concern risks, and in particular the impact of the Coronavirus pandemic. The pandemic has not significantly curtailed the operating activities of the Charity and income is expected to remain stable given the fixed nature of major sources of income.

There are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern and the trustees are satisfied that the Charity will be able to operate within the available facilities for the foreseeable future, being a period no less than 12 months from the date of approval of these financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature are recognised when the Charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be measured reliably.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Donated services and facilities

In accordance with the Charities SORP (FRS 102), the time provided by general volunteers is not recognised. More information about volunteers contributions is included in the trustees' report.

Page 19

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

Investment income

Investment income is recognised on a receivable basis.

Charitable activities

Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.

Other income

Material incoming resources from tax reclaims are included in the statement of financial activities at the same time as the gift to which they relate.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the appliable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

Costs of generating funds are the costs associated with attracting voluntary income.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating staff costs by the time spent and other costs by their usage.

Governance costs

Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

Irrecoverable VAT

Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £250 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Page 20

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

Asset class

Depreciation method and rate

20% per annum on a reducing balance basis

Furniture and equipment basis 33% per annum on a reducing balance Computers basis 15% per annum on a reducing balance Building improvements basis Freehold Property Straight line basis over 50 years

Investment properties

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the trustees. The trustees use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the Statement of Financial Activities.

Current asset investments

Current asset investments are included at the lower of cost and net realisable value / market value.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Page 21

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

Financial instruments

Classification

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Recognition and measurement

Basic financial assets and liabilities are initially measured at transaction price (including transaction costs) and subsequently measured at their settlement value.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the Charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the Charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 22

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

2 Income from donations and legacies

Donations and legacies;
Other Donations
Grants;
Childrens Workers (BBC Children
In Need)
Community Services Project (Big
Lottery Fund Grant)
Resettlement Worker (Police and
Crime Commissioners Competed
Fund)
Volunteer Programme (Lloyds
Bank Foundation for England and
Wales)
Awards for All (Big Lottery Fund
Grant)
Volunteer Management
(Trusthouse Charitable
Foundation)
Bishop's Fund
SU Grants
Community Foundation
Community Fund - Covid
Emergency
Covid 19 - PPE grant
CC Resettlement
CCF Headstart Grants
Bolingey Barbarians		 Unrestricted
funds
General
£
113,803
-
-
-
-
-
-
-
-
-
-
-
-
-
-
113,803		 Restricted
funds
£
-
30,010
71,488
-
25,000
15,000
-
500
6,820
-
-
-
-
1,257
-
150,075		 Total
2022
£
113,803
30,010
71,488
-
25,000
15,000
-
500
6,820
-
-
-
-
1,257
-
263,878		 Total
2021
£
27,790
37,671
40,334
10,000
25,000
-
15,000
-
2,958
2,906
4,883
3,000
8,994
-
1,000
179,536

Page 23

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

3 Income from charitable activities

Safer Cornwall (prev. CSPD
Refuge)
Safer Cornwall (prev. CSPD
Children in Refuge)
Refuge rental income
4
Investment income
Income from other investments
Income from rents		 Unrestricted
funds
General
£
-
-
128,288
128,288		 Restricted
funds
£
230,541
40,852
-
271,393
Unrestricted
General
£
13
10,000
10,013		 Total
2022
£
230,541
40,852
128,288
399,681
Total
2022
£
13
10,000
10,013		 Total
2021
£
183,577
33,297
108,347
325,221
Total
2021
£
67
9,996
10,063

5 Expenditure on charitable activities

Community Services Project
Safer Cornwall (prev. CSPD)
Volunteer Project
Property costs
Cost of raising funds
Governance		 Activity
undertaken
directly
£
49,038
272,702
35,286
64,321
-
-
421,347		 Activity
support costs
£
17,187
89,012
12,478
-
5,349
12,121
136,147		 2022
£
66,225
361,714
47,764
64,321
5,349
12,121
557,494		 2021
£
45,819
319,580
47,304
64,649
5,520
13,285
496,157

Page 24

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

5 Expenditure on charitable activities (continued)

Analysis of charitable activities

Cost of
raising
funds
Community
Support
Project
Counselling
and
Advice
Direct costs
Establishment costs
-
-
-
Depreciation of tangible fixed
assets
-
2,226
6,813
Employment costs
-
45,318
232,930
Sundry and other costs
-
1,494
32,959
-
49,038
272,702
Support costs
Employment costs
5,349
-
79,060
Office expenses
-
17,187
9,952
Accountancy fees
-
-
-
Auditors' remuneration
-
-
-
Trustees' expenses
-
-
-
5,349
17,187
89,012
5,349
66,225
361,714		 Volunteer
Project
-
524
27,128
7,634
35,286
-
12,478
-
-
-
12,478
47,764		 Property
costs
Governance
Apportionment
of support
costs
Auditors'
Remuneration
Total
62,599
-
-
-
62,599
1,722
-
-
-
11,285
-
-
-
-
305,376
-
-
-
-
42,087
64,321
-
-
-
421,347
-
3,983
-
-
88,392
-
-
-
-
39,617
-
-
1,500
-
1,500
-
-
-
6,500
6,500
-
138
-
138
-
4,121
1,500
6,500
136,147
64,321
4,121
1,500
6,500
557,494		 Property
costs
Governance
Apportionment
of support
costs
Auditors'
Remuneration
Total
62,599
-
-
-
62,599
1,722
-
-
-
11,285
-
-
-
-
305,376
-
-
-
-
42,087
64,321
-
-
-
421,347
-
3,983
-
-
88,392
-
-
-
-
39,617
-
-
1,500
-
1,500
-
-
-
6,500
6,500
-
138
-
138
-
4,121
1,500
6,500
136,147
64,321
4,121
1,500
6,500
557,494
421,347
88,392
39,617
1,500
6,500
138
136,147
557,494

Page 25

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

6 Analysis of governance and support costs

Basis of allocation

Reference

Method of allocation

Employment costs Based on estimate of time spent Office expenses Allocated based on time spent Staff support Based on the employment costs ratios

Governance costs

Governance costs
Audit of the financial statements
Other accountancy costs
Allocated support costs		 Restricted
funds
£
6,500
1,500
4,121
12,121		 Total
2022
£
6,500
1,500
4,121
12,121		 Total
2021
£
6,470
2,142
4,673
13,285

7 Government grants

Government grants recognised in the financial statements are made up of funds from Cornwall Council, funded by the government.

The amount recognised in the financial statements as income from government grants was £271,393 (2021 - £196,832).

8 Net incoming/outgoing resources

Net incoming/outgoing resources for the year include:

Operating lease rentals
Audit fees
Loss on disposal of fixed assets held for the charity's own use
Depreciation of fixed assets		 2022
£
3,099
6,500
-
11,285		 2021
£
1,552
6,470
356
9,190

Page 26

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

9 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

Margaret Warwick

£54 (2021: £85) of expenses were reimbursed to Margaret Warwick during the year.

The amount reimbursed relates to mileage and parking expenses incurred.

Jenny Wingham

£Nil (2021: £25) of expenses were reimbursed to Jenny Wingham during the year.

The amount reimbursed relates to training expenses incurred.

Heather Tucker

£Nil (2021: £25) of expenses were reimbursed to Heather Tucker during the year.

The amount reimbursed relates to training expenses incurred.

Irene Sampson

£Nil (2021: £25) of expenses were reimbursed to Irene Sampson during the year.

The amount reimbursed relates to training expenses incurred.

John Watts

£1,983 (2021: £305) was paid to John Watts for professional services provided on a normal commercial basis.

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any other benefits from the charity during the year.

10 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2022
£
359,096
21,832
4,361
385,289		 2021
£
336,367
19,750
5,907
362,024

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Charitable activities 2022
No
20		 2021
No
19

10 (2021 - 10) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £4,361 (2021 - £5,907).

The charity operates a defined contribution pension plan. The basis for allocating the liability and expenses between activities is in line with the basis of allocation detailed in Note 6 to the accounts.

Pension liabilities and expenses are allocated to unrestricted funds and restricted funds on the same basis as other employee-related costs unless the terms of a restriction prohibit the allocation of such costs to a restricted fund.

Page 27

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

No employee received emoluments of more than £60,000 during the year.

The total employee benefits of the key management personnel of the charity were £33,344 (2021 - £37,708).

11 Tangible fixed assets

11 Tangible fixed assets
Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 Freehold
Property
£
148,942
2,609
151,551
6,965
3,031
9,996
141,555
141,977		 Short
leasehold land
and buildings
£
20,009
-
20,009
18,431
237
18,668
1,341
1,578		 Furniture and
equipment
£
84,284
14,115
98,399
65,726
8,017
73,743
24,656
18,558		 Total
£
253,235
16,724
269,959
91,122
11,285
102,407
167,552
162,113

Page 28

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

12 Fixed asset investments

12 Fixed asset investments
Investment properties
Investment properties
Cost or Valuation
At 1 April 2021
Fair value adjustment
At 31 March 2022
Provision
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 2022
£
120,000		 2021
£
68,500
Investment
properties
£
68,500
51,500
120,000
-
120,000
68,500

The fair value of the proportion of the freehold property held as investment property was detemined by way of an Independent Valuation upon its acquisition in 2019.

There was a valuation on the split use property by a professional independent valuer in the current year, the trustees have determined an appropriate amount to have been apportioned to Investment Property, and consider Investment Properties are shown at their fair value.

13 Debtors

13 Debtors
Trade debtors
Prepayments
Accrued income		 2022
£
11,169
2,926
2,500
16,595		 2021
£
11,904
3,047
1,667
16,618

Page 29

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

14 Creditors: amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals
Deferred income
Deferred income at 1 April 2021
Resources deferred in the period
Amounts released from previous periods
Deferred income at year end		 2022
£
934
7,964
2,500
15,615
64,742
91,755
2022
£
7,333
64,742
(7,333)
64,742		 2021
£
4,810
5,746
2,500
13,682
7,333
34,071
2021
£
27,393
7,333
(27,393)
7,333

15 Obligations under leases and hire purchase contracts

Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

Other
Within one year
Between one and five years		 2022
£
1,824
5,155
6,979		 2021
£
899
450
1,349

Page 30

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

16 Income under lease arrangements

Operating lease income

Total future minimum lease payments receivable under non-cancellable operating leases as lessor are as follows:

follows:
Other
Within one year
Between one and five years		 2022
£
10,000
2,500
12,500		 2021
£
2,500
-
2,500

The charity has an operating lease arrangement with a tenant in respect of a shop on the ground floor of its freehold property. This proportion of the property is held on the balance sheet as investment property and income is recognised in the Statement of Financial Activities as Investment Income. A rent review was carried out by the charity in the year and the annual rent was revised to £10,000 per annum. The lease runs to June 2023, however it had an original break clause in June 2021.

17 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £4,361 (2021 - £5,907).

18 Charity status

The Charity is a private company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the Charity in the event of liquidation.

The Charity is incorporated in England and Wales. The address of its registered office is:

Maura Place 11 Market Place Penzance England TR18 2JB

Page 31

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

19 Contingent assets

The Lottery Reaching Communities grant is multi-year grant that provides expenditure of the grant to be for future periods. The income in respect of future periods has therefore not been included in the current year accounts. The grant is a 5 year grant to August 2026 to receive the following per year - £92,058, £83,170, £79,012, £75,061, £71,308.

The Safer Cornwall – Refuge project is a multi-year grant that provides for the expenditure of the grant to be for future periods. The income in respect of future periods has therefore not been included in the current year accounts. The grant is a 3-year grant to March 2023 to receive around £183,000 per year.

The Safer Cornwall – CYP project is a multi-year grant that provides for the expenditure of the grant to be for future periods. The income in respect of future periods has therefore not been included in the current year accounts. The grant is a 3-year grant to March 2023 to receive around £37,000 per year.

The BBC Children in Need grant is a multi-year grant that provides for the expenditure of the grant to be for future periods. The income in respect of future periods has therefore not been included in the current year accounts. The grant is a 3-year grant to June 2024 to receive the following per year - £32,230, £32,668, £33,110.

Page 32

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

20 Funds

Unrestricted
General
General Fund
Designated
Building Reserve
Total Unrestricted
Restricted
Safer Cornwall (prev. CSPD)
BBC Children in Need:
Outreach/Children Workers
Safer Cornwall (prev. CSPD
Children in Refuge)
Volunteer Project: Big Lottery
Fund Grant
Community Services Project:
Big Lottery Fund Grant
Resettlement Worker: Police
and Crime Commissioners
Competed Fund
Volunteer Programme: Lloyds
Bank Foundation
Bishops Fund
Big Lottery Awards for All Grant
The Trusthouse Charitable
Foundation
SU Grants
CC Resettlement
CCF Headstart Grants
Bolingey Barbarians
Total restricted
Total funds		 Balance at
1 April
2021
£
230,190
174,818
405,008
29,693
3,105
11,915
344
32,122
877
6,399
178
5,298
10,508
461
8,994
-
1,000
110,894
515,902		 Incoming
resources
£
252,104
51,500
303,604
230,541
30,010
40,852
-
71,488
-
25,000
500
15,000
-
6,820
-
1,257
-
421,468
725,072		 Resources
expended
£
(130,930)
(2,230)
(133,160)
(234,615)
(30,758)
(22,926)
(94)
(51,418)
314
(36,423)
(472)
(16,676)
(12,172)
(6,600)
(11,494)
-
(1,000)
(424,334)
(557,494)		 Transfers
£
(13,400)
(301)
(13,701)
-
-
-
1,126
-
(1,191)
9,001
-
601
1,664
-
2,500
-
-
13,701
-		 Balance at
31 March
2022
£
337,964
223,787
561,751
25,619
2,357
29,841
1,376
52,192
-
3,977
206
4,223
-
681
-
1,257
-
121,729
683,480

There were transfers where specific expenditure exceeded the funds received on projects for which restricted funds were provided. These were covered by General reserves. There were also transfers to General reserves that were permitted following the end of a specific project for which restricted funding was provided.

Page 33

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

Unrestricted funds
General
General Fund
Designated
Building Reserve
Total unrestricted funds
Restricted
Safer Cornwall (prev. CSPD)
BBC Children in Need:
Outreach/Children Workers
Safer Cornwall (prev. CSPD
Children in Refuge)
Volunteer Project: Big
Lottery Fund Grant
Community Services
Project: Big Lottery Fund
Grant
Resettlement Worker: Police
and Crime Commissioners
Competed Fund
Volunteer Programme:
Lloyds Bank Foundation
Bishops Fund
Big Lottery Awards for All
Grant
The Trusthouse Charitable
Foundation
Community Foundation
Community Fund Covid-19
Emergency
SU Grants
CC Resettlement
COVID 19 PPE Grant
Bolingey Barbarians
Total restricted funds
Total funds		 Balance at
1 April
2020
£
223,559
177,048
400,607
20,610
603
4,474
449
35,223
1,191
16,348
577
6,529
10,628
-
-
-
-
-
-
96,632
497,239		 Incoming
resources
£
146,200
-
146,200
183,578
37,671
33,297
-
40,333
10,000
25,000
-
-
15,000
2,906
4,883
2,958
8,994
3,000
1,000
368,620
514,820		 Resources
expended
£
(145,895)
-
(145,895)
(173,777)
(35,169)
(25,856)
(105)
(43,434)
(10,314)
(32,636)
(399)
(1,231)
(15,120)
(3,041)
(4,883)
(2,497)
-
(1,800)
-
(350,262)
(496,157)		 Transfers
£
6,326
(2,230)
4,096
(718)
-
-
-
-
-
(2,313)
-
-
-
135
-
-
-
(1,200)
-
(4,096)
-		 Balance at
31 March
2021
£
230,190
174,818
405,008
29,693
3,105
11,915
344
32,122
877
6,399
178
5,298
10,508
-
-
461
8,994
-
1,000
110,894
515,902

Page 34

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

The specific purposes for which the funds are to be applied are as follows:

Unrestricted funds:

These are funds that can be spent freely. The purpose of the designated reserves, as set by the Trustees, is as follows:

The Building Reserve is to be held for use by the charity, and is wholly represented by fixed assets.

Restricted funds:

The Safer Cornwall Contract (previously CSPD) is to cover refuge provision, support and resettlement costs.

BBC Children in Need has funded Children's Workers In Refuge, including outreach.

Safer Cornwall (previously CSPD) provides funds for supporting children in the refuge.

The Big Lottery Fund grant has provided funds for the Community Services Project - Helpline, Outreach, Counselling and Group Work.

The Lloyds Bank Foundation England and Wales has provided funds for the volunteer programme, with the funding for the supervision and management of volunteers.

The Trusthouse Charitable Foundation grant provides funds for the volunteer co-ordinator's salary.

All other grants were given for specific activities and projects.

Balances were sufficient to enable each fund to be applied in accordance with any restrictions.

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West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2022

21 Analysis of net assets between funds

Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets		 Unrestricted funds
General
£
Designated
£
19,489
103,787
-
120,000
345,489
-
(27,014)
-
337,964
223,787
Unrestricted funds
General
£
Designated
£
19,618
106,318
-
68,500
237,310
-
(26,738)
-
230,190
174,818		 Restricted
funds
£
44,276
-
142,195
(64,742)
121,729
Restricted
funds
£
36,175
-
82,052
(7,333)
110,894		 Total funds at
31 March
2022
£
167,552
120,000
487,684
(91,756)
683,480
Total funds at
31 March
2021
£
162,111
68,500
319,362
(34,071)
515,902

22 Related party transactions

John Watts, a trustee, was paid £1,983 (2021: £305) in the year for professional services provided on a normal commercial basis.

G Allen, the partner of Lizzie Matthews, the CEO, was paid £20 (2021: £nil) in the year for repair works carried out on behalf of the charity, these services were provided on a normal commercial basis.

Controlling entity

The charity is controlled by the Trustees who are all Directors of the company.

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