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2023-03-31-accounts

Company registration number: 04694786 Charity registration number: 1100329

West Cornwall Women's Aid

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 March 2023

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 12
Statement of Trustees' Responsibilities 13
Independent Auditors' Report 14 to 17
Statement of Financial Activities 18
Balance Sheet 19
Statement of Cash Flows 20
Notes to the Financial Statements 21 to 38

West Cornwall Women's Aid

Reference and Administrative Details

Trustees

Jenny Wingham Alexandra Lethbridge Rachel Garside Rosalind Norton Irene Sampson (resigned 20 April 2022) John Watts (resigned 30 April 2023) Tessa Snellgrove (resigned 6 June 2023) Emily Harrington Rhiannon Jones Mandy Pearce (resigned 31 March 2023) Ellen Rudge Gemma Pople Sue Penna Kirsty Arthur

Senior Management / Leadership Elizabeth Matthews, CEO and Company Secretary Team

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

Page 1

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 2023. 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.

Page 2

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.

Page 4

West Cornwall Women's Aid

Trustees' Report

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

• In collaboration with partners co-ordinate and lead an annual vigil and 'Reclaim the Night' event in Penzance during 16 Days of Action

• Through an informal partnership (via a sub-contract) with lead organisation, The Women's Centre Cornwall, and Konnect Communities WCWA now delivers support to women in West Cornwall who are experiencing domestic abuse and are at risk of homelessness through the Krefta service. The service commenced in September 2022

Page 5

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, and this was extended to March 2024

Our National Lottery 5-year grant commenced its second year in September 2022

In August 2022, The Women's Centre Cornwall were awarded the contract to provide an outreach service, Krefta, for people fleeing domestic abuse who could not access specialist accommodation. In an informal partnership WCWA agreed, via a 2-year sub-contracting arrangement, to deliver the service to eligible women in West Cornwall. Krefta: Year 1 £81,611, Year 2 £83,243

We were pleased to be supported by a range of grant funders throughout the year. These included: Morrisons, Caledonia Charitable Trust, Brook Trust, Lloyds Foundation.

Our existing funders include:

Donations received have been both financial and in kind. Donations range from holidays, outings, and gifts for women and children to vital items such as pushchairs and women's sanitary products. Members of the public have supported WCWA by donating items for use both in our refuge and within the community. Several community groups have continued to offer support, including local churches, Rotary clubs and local arts organisations

Page 6

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 resettlement programme for women and children after they leave the refuge.

Service provision for 2022/23 as follows:

Resettlement Services

Our Resettlement Services experienced a shift in the type of support women required, with less demand for urgent support than the previous year when the service was significantly impacted by women’s trauma and isolation because of the COVID-19 pandemic. We have been able to resume delivery of more group work and activities, including the introduction of a new peer support group.

The service continues to provide intensive one-to-one support as women move on from refuge and into the community. Practical assistance is provided to ensure safety measures are in place when women move into their new homes, and our workers offer support with dealing with a variety of issues, including accessing financial support, organising utilities, arranging the move, budgeting, and transitioning children into new schools.

Once women are settled in their homes, group work is offered to encourage social connection and to support further emotional recovery. Women are supported by a Family Worker and Resettlement Worker who provide sessions individually and together with the family, helping to strengthen family bonds and resolve issues.

Community Services - Helpline, Outreach, Counselling and Group Work

A dedicated group of trained volunteers works alongside WCWA staff to deliver our Community Services to women living in West Cornwall and the Isles of Scilly. We introduced two part-time Helpline and Wellbeing roles to support the volunteers to deliver our helpline service and to strengthen our provision of tailored wellbeing support to women accessing our Community Services.

We have qualified volunteer counsellors and student counsellors (training at Diploma or Degree level) who provide one-to-one counselling. Our Clinical Lead oversees the counselling service and is also responsible for delivering group therapy supported by a counsellor.

Our Community Services aim to support women and their children with early intervention, as well as prevention and protection from further harm. A wide range of activities and services are provided to support women to develop safety plans, to help women and children to recover from trauma, and to prevent the breakdown of family structures. The service works with women and children who are experiencing abuse, and with those who are impacted by the trauma of historical abuse.

We have established referrals 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.

Page 7

West Cornwall Women's Aid

Trustees' Report

Helpline and Outreach

Counselling

Group Work Programmes and Clinics

Number of women accessing a range of group support: 80

Volunteer programme

Our volunteers were delighted to be able to return to delivering a fully operational community service at Maura Place. The helpline was once again staffed by volunteers, who were also able to begin outreach sessions in community venues. We also re-introduced a number of groups, including trauma-informed yoga, craft group and walking group. Several counsellors had left the organisation during the COVID-19 pandemic, and we identified a need to recruit student counsellors, who we attracted through placement provision.

We began an 8-week volunteer training programme in April 2022, with six women starting the training, of which four completed. We found it challenging to recruit new volunteers, which we attribute to the 'fall-out' from the pandemic as some people continued to be reluctant to meet in groups. A second volunteer training programme began in September 2022, with six women starting and all completing the programme.

One of our volunteers came to us with knowledge and experience of housing, benefits, financial and legal related issues, and she has completed specialist training to be able to offer support and guidance to women.

Our volunteer training programme was reviewed and updated, with implementation of the new programme beginning towards the end of the year. Our 8-week training programme includes: Understanding and Recognising Domestic Abuse and Sexual Violence, Child Sexual Exploitation, Safeguarding, Equality and Diversity and Family Law.

Total number of volunteers (including trustees): 36 (10 trustees)

Volunteers also received additional training in the following areas:

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West Cornwall Women's Aid

Trustees' Report

Volunteer Activities - number of hours

Total number of volunteer hours: 4,162

Risk Management

The board of trustees conducts a review of the major risks to which the charity is exposed. A risk register is being completed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre. The charity is currently in the process of being assessed by Women’s Aid Federation of England for their National Quality Standards level 1 to ensure a consistent quality of delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

Page 9

West Cornwall Women's Aid

Trustees' Report

Activities during this reporting year:

In November 2022, West Cornwall Women’s Aid marked 35 years since the charity was established. WCWA began in 1987 when a group of local women came together to launch a domestic abuse helpline after identifying a need in the community. We celebrated our 35th anniversary and achievements with a community event at Maura Place attended by a range of stakeholders, grant funders, women who use or who have used our services, past and current staff and volunteers. As part of this event, women who had been participating in the trauma-informed creative writing project performed and shared some of their powerful work on the topic of freedom. This group has gone onto work with a professional theatre company to create work to be performed at the Minack Theatre in Cornwall.

This year we continued to make progress in terms of raising our profile and local awareness. We were a lead partner for the second year running in ‘16 Days of Action’, a series of events in Penzance highlighting the issue of violence against girls and women. We saw the initiative grow in influence and awareness and it is now becoming an established event in the town’s calendar, with support from an increasing number of organisations and community partners. The campaign attracted media attention, including a feature by local ITV news with interviews.

WCWA celebrated International Women’s Day on 8th March with an event to bring the women we support together. As part of our celebrations, we created a wellbeing room - a space designed to comfort and encourage feelings of peace and security. Other activities on the day included a Laughter Workshop, Trauma Informed Yoga workshop, Community Choir session and Cornish language workshop.

Our Community Services have been delivering a wide variety of group work, including trauma-informed yoga, walking group, craft and art groups and a legal clinic, which saw women able to access specialised advice free of charge. Demand for counselling remained high, with more women being able to access wellbeing services while on the waiting list, or being fast-tracked if the need was urgent, due to our newly developed Support and Guidance project.

Women and their children at our refuge and supported by our resettlement service were invited to attend our extensive summer holiday programme, with outings to local beaches and attractions including an outdoor sculpture park, wildlife sanctuary, castle and lido. We also offered communal lunches onsite at the refuge, making use of our new gas BBQ and pizza oven to provide opportunities for the women to socialise and build support networks. Due to the cost-of-living rises, most of the children would not have had the opportunity to go on trips over the summer without our programme. It remains a fundamental way of engaging women and children with our service and supports family cohesion.

We also introduced a weekly Peer Support Group, which has included sessions on self-esteem and confidence building, healthy eating, budgeting and meal planning, CV writing, healthy relationships and boundaries. The group brought women together to inspire and encourage each other on their personal and unique journeys to live lives free from domestic abuse.

We continued to attend meetings and networking opportunities to work towards strengthening relationships with other commissioned and non-commissioned Domestic Abuse Sexual Violence (DASV) services.

As in the previous year we noted:

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. A comprehensive funding plan has been developed to support our 3-year strategy.

We are grateful to our staff and volunteers for working tirelessly to provide refuge accommodation for women and children fleeing an abuser and specialist services to women in the community who are experiencing or have experienced domestic abuse and or sexual violence. Also, for the incredible work which has been done to raise awareness of the issues and for the support of the local community; it's vital to all that we do, and we are overwhelmed by the generosity we have been shown.

Page 10

West Cornwall Women's Aid

Trustees' Report

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 Irene Sampson (resigned 20 April 2022) John Watts (resigned 30 April 2023) Tessa Snellgrove (resigned 6 June 2023) Emily Harrington Rhiannon Jones Mandy Pearce (resigned 31 March 2023) Ellen Rudge Gemma Pople (appointed 6 June 2023) Sue Penna (appointed 6 June 2023) Kirsty Arthur (appointed 24 August 2023) Chief Executive Officer: Elizabeth Matthews

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 £296,706 (2022: £318,475). This is regarded to be satisfactory.

Of the total funds of the charity, which stand at £727,365 (2022: £683,480), £228,772 (2022: £223,787) 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.

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.

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West Cornwall Women's Aid

Trustees' Report

The annual report was approved by the trustees of the charity on 31 August 2023 and signed on its behalf by:

Alexandra Lethbridge Trustee

Rachel Garside 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 31 August 2023 and signed on its behalf by:

Alexandra Lethbridge Trustee

Rachel Garside Trustee

Page 13

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 2023, 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.

Page 14

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 13), 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

4 September 2023

Page 17

West Cornwall Women's Aid

Statement of Financial Activities for the Year Ended 31 March 2023

(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 (expenditure)/income
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
£
48,484
118,606
10,986
178,076
(194,533)
(194,533)
(16,457)
68
-
(16,389)
561,751
545,362		 Restricted
funds
£
233,656
358,122
-
591,778
(531,436)
(531,436)
60,342
(68)
-
60,274
121,729
182,003		 Total
2023
£
282,140
476,728
10,986
769,854
(725,969)
(725,969)
43,885
-
-
43,885
683,480
727,365		 Total
2022
£
263,878
399,681
10,013
673,572
(557,494)
(557,494)
116,078
-
51,500
167,578
515,902
683,480

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 20.

The notes on pages 21 to 38 form an integral part of these financial statements. Page 18

West Cornwall Women's Aid

(Registration number: 04694786) Balance Sheet as at 31 March 2023

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		 2023
£
181,033
127,215
308,248
19,121
2,500
480,198
501,819
(82,702)
419,117
727,365
182,003
545,362
727,365		 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

The financial statements on pages 18 to 38 were approved by the trustees, and authorised for issue on 31 August 2023 and signed on their behalf by:

Alexandra Lethbridge Trustee

Rachel Garside Trustee

The notes on pages 21 to 38 form an integral part of these financial statements. Page 19

West Cornwall Women's Aid

Statement of Cash Flows for the Year Ended 31 March 2023

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
(Increase)/decrease in debtors
13
Increase in creditors
14
(Decrease)/increase 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		 2023
£
43,885
12,385
(10,986)
128
-
45,412
(2,526)
7,389
(16,442)
33,833
986
(25,994)
(7,215)
10,000
(22,223)
11,610
468,588
480,198		 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

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

The notes on pages 21 to 38 form an integral part of these financial statements. Page 20

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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. The figures in the financial statements have been rounded to the nearest pound sterling.

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 21

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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 22

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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 23

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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 24

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

2 Income from donations and legacies

Donations and legacies;
Other Donations
Grants;
Unrestricted Grants
Childrens Workers (BBC Children
In Need)
The National Lottery Community
Fund
Lloyds Bank Foundation for
England and Wales
Awards for All (Big Lottery Fund
Grant)
Bishop's Fund
SU Grants
Community Foundation
CCF Headstart Grants
The Morrisons Foundation
Covid-19 Relief Fund
Caledonia Charitable Trust
The Brook Trust
Trevi Sparks		 Unrestricted
funds
General
£
18,484
30,000
-
-
-
-
-
-
-
-
-
-
-
-
-
48,484		 Restricted
funds
£
-
-
33,219
89,841
27,250
-
500
3,754
9,962
13,787
16,000
10,000
5,634
9,000
14,709
233,656		 Total
2023
£
18,484
30,000
33,219
89,841
27,250
-
500
3,754
9,962
13,787
16,000
10,000
5,634
9,000
14,709
282,140		 Total
2022
£
113,803
-
30,010
71,488
25,000
15,000
500
6,820
-
1,257
-
-
-
-
-
263,878

Page 25

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

3 Income from charitable activities

Unrestricted
funds
General
£
Safer Cornwall (prev. CSPD
Refuge)
-
Safer Cornwall (prev. CSPD
Children in Refuge)
-
Krefta Foundation
-
Refuge rental income
118,606
118,606
4
Investment income
Income from other investments
Income from rents
5
Expenditure on charitable activities
Activity
undertaken
directly
£
Community Services Project
71,813
Counselling and Advice
398,749
Volunteer Project
17,488
Property costs
76,386
Cost of raising funds
-
Governance
-
564,436		 Restricted
funds
£
264,034
39,681
54,407
-
358,122
Unrestricted
General
£
986
10,000
10,986
Activity
support costs
£
25,795
110,214
2,550
-
5,377
17,597
161,533		 Total
2023
£
264,034
39,681
54,407
118,606
476,728
Total
2023
£
986
10,000
10,986
2023
£
97,608
508,963
20,038
76,386
5,377
17,597
725,969		 Total
2022
£
230,541
40,852
-
128,288
399,681
Total
2022
£
13
10,000
10,013
2022
£
66,225
361,714
47,764
64,321
5,349
12,121
557,494

Page 26

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

5 Expenditure on charitable activities (continued)

Analysis of charitable activities

Direct costs
Establishment costs
Depreciation (and losses on
disposal) of tangible fixed
assets
Employment costs
Sundry and other costs
Support costs
Employment costs
Office expenses
Accountancy fees
Auditors' remuneration
Trustees' expenses		 Cost of
raising
funds
Community
Support
Project
Counselling
and
Advice
-
-
-
-
2,290
7,139
-
64,693
339,435
-
4,830
52,175
-
71,813
398,749
5,377
-
88,094
-
25,795
22,120
-
-
-
-
-
-
-
-
-
5,377
25,795
110,214
5,377
97,608
508,963		 Volunteer
Project
-
596
14,181
2,711
17,488
-
2,550
-
-
-
2,550
20,038		 Property
costs
Governance
Apportionment
of support
costs
Auditors'
Remuneration
Total
73,898
-
-
-
73,898
2,488
-
-
-
12,513
-
-
-
-
418,309
-
-
-
-
59,716
76,386
-
-
-
564,436
-
8,016
-
-
101,487
-
-
-
-
50,465
-
-
3,500
-
3,500
-
-
-
6,000
6,000
-
81
-
81
-
8,097
3,500
6,000
161,533
76,386
8,097
3,500
6,000
725,969		 Property
costs
Governance
Apportionment
of support
costs
Auditors'
Remuneration
Total
73,898
-
-
-
73,898
2,488
-
-
-
12,513
-
-
-
-
418,309
-
-
-
-
59,716
76,386
-
-
-
564,436
-
8,016
-
-
101,487
-
-
-
-
50,465
-
-
3,500
-
3,500
-
-
-
6,000
6,000
-
81
-
81
-
8,097
3,500
6,000
161,533
76,386
8,097
3,500
6,000
725,969
564,436
101,487
50,465
3,500
6,000
81
161,533
725,969

Page 27

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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
£
6,000
3,500
8,054
17,554		 Total
2023
£
6,000
3,500
8,054
17,554		 Total
2022
£
6,500
1,500
4,122
12,122

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 £364,923 (2022 - £271,393).

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		 2023
£
2,718
6,000
128
12,385		 2022
£
3,099
6,500
-
11,285

Page 28

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

9 Trustees remuneration and expenses

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

Margaret Warwick

£Nil (2022: £54) of expenses were reimbursed to Margaret Warwick during the year.

The amount reimbursed relates to mileage and parking expenses incurred.

John Watts (resigned 30 April 2023)

£nil (2022: £1,983) 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		 2023
£
482,638
30,815
6,343
519,796		 2022
£
359,096
21,832
4,361
385,289

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

Charitable activities

2023
No
28		 2022
No
20

19 (2022 - 10) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £6,343 (2022 - £4,361).

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.

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 £32,862 (2022 - £33,344).

Page 29

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

11 Tangible fixed assets

11 Tangible fixed assets
Cost
At 1 April 2022
Additions
Disposals
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
Eliminated on disposals
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022		 Freehold
Property
£
151,551
3,494
-
155,045
9,996
3,101
-
13,097
141,948
141,555		 Short
leasehold land
and buildings
£
20,009
8,035
-
28,044
18,667
1,065
-
19,732
8,312
1,342		 Furniture and
equipment
£
98,399
14,465
(1,856)
111,008
73,744
8,219
(1,728)
80,235
30,773
24,655		 Total
£
269,959
25,994
(1,856)
294,097
102,407
12,385
(1,728)
113,064
181,033
167,552

Page 30

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

12 Fixed asset investments

12 Fixed asset investments
Investment properties
Investment properties
Cost or Valuation
At 1 April 2022
Additions
At 31 March 2023
Provision
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022		 2023
£
127,215		 2022
£
120,000
Investment
properties
£
120,000
7,215
127,215
-
127,215
120,000

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 previous 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		 2023
£
10,879
3,242
5,000
19,121		 2022
£
11,169
2,926
2,500
16,595

Page 31

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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 2022
Resources deferred in the period
Amounts released from previous periods
Deferred income at year end		 2023
£
994
8,749
4,810
19,849
48,300
82,702
2023
£
64,742
48,300
(64,742)
48,300		 2022
£
934
7,964
2,500
15,615
64,742
91,755
2022
£
7,333
64,742
(7,333)
64,742

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		 2023
£
2,634
7,873
10,507		 2022
£
1,824
5,155
6,979

Page 32

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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		 2023
£
2,500
-
2,500		 2022
£
10,000
2,500
12,500

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 was due to run to June 2023.

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 £6,343 (2022 - £4,361).

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 33

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

19 Contingent assets

The National Lottery Community Fund 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 & CYP projects are covered by 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 was a 3-year grant to March 2023 with a one-year extension granted, receiving around £300,000 per year in total.

The Krefta 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 2-year grant to July 2024 to receive around £82,000 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 May 2024 to receive the following per year - £32,230, £32,668, £33,110.

The Lloyds Bank Foundation for England and Wales 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 2-year grant to June 2024 to receive £25,000 per year.

The Garfield Weston Foundation 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 2-year grant to March 2024 to receive £30,000 per year.

Page 34

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

20 Funds

Unrestricted
General
General Fund
Designated
Building Reserve
Total Unrestricted
Restricted
Safer Cornwall (prev. CSPD)
Krefta Foundation
BBC Children in Need:
Outreach/Children Workers
The Brook Trust
Safer Cornwall CYP (prev. CSPD
Children in Refuge)
Volunteer Project: Big Lottery
Fund Grant
The National Lottery Community
Fund
Lloyds Bank Foundation for
England and Wales
Bishops Fund
Big Lottery Awards for All Grant
Covid-19 Relief Fund
Caledonia Charitable Trust
SU Grants
The Morrisons Foundation
CCF Headstart Grants
Trevi Sparks
Total restricted
Total funds		 Balance at
1 April
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		 Incoming
resources
£
178,076
-
178,076
268,704
54,407
33,219
9,000
35,011
-
99,802
27,250
500
-
10,000
5,634
11,496
16,000
6,045
14,709
591,777
769,853		 Resources
expended
£
(192,302)
(2,230)
(194,532)
(232,165)
(41,741)
(33,897)
(9,000)
(49,797)
(83)
(96,853)
(19,955)
(120)
(794)
(10,000)
(410)
(12,226)
(2,874)
(6,812)
(14,709)
(531,436)
(725,968)		 Transfers
£
(7,148)
7,215
67
14,071
-
-
-
(14,071)
-
-
-
(116)
-
-
-
49
-
-
-
(67)
-		 Balance at
31 March
2023
£
316,590
228,772
545,362
76,229
12,666
1,679
-
984
1,293
55,141
11,272
470
3,429
-
5,224
-
13,126
490
-
182,003
727,365

There has been a transfer between the two Safer Cornwall funds. Following the renewal of terms with Safer Cornwall from 1 April 2023, there was no longer a split between funds provided by Cornwall Council for the services carried out, with all services being consolidated into one fund. The remaining balance in the CYP fund relates to the value of fixed assets purchased up to 31 March 2023. There has been a transfer between the General reserve and Designated Fund for expenses that relate specifically to the Investment Property element of the freehold property owned by the business. There were also transfers to General reserves that were permitted following the end of a specific project for which restricted funding was provided.

Page 35

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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 CYP (prev.
CSPD Children in Refuge)
Volunteer Project: Big
Lottery Fund Grant
The National Lottery
Community Fund
Resettlement Worker: Police
and Crime Commissioners
Competed Fund
Lloyds Bank Foundation for
England and Wales
Bishops Fund
The Trusthouse Charitable
Foundation
Big Lottery Awards for All
Grant
SU Grants
CC Resettlement
CCF Headstart Grants
Bolingey Barbarians
Total restricted funds
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
10,508
5,298
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)
(12,172)
(16,676)
(6,600)
(11,494)
-
(1,000)
(424,334)
(557,494)		 Transfers
£
(13,400)
(301)
(13,701)
-
-
-
1,126
-
(1,191)
9,001
-
1,664
601
-
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

Page 36

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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:

Safer Cornwall (previously CSPD) is to cover refuge provision, support for women and children in the refuge, and resettlement costs.

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

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

The Lloyds Bank Foundation for England and Wales has provided funds for the charity's ongoing costs.

The Krefta Foundation has provided funds for the administration of "The Domestic Abuse Outreach Service", offering support to people fleeing domestic abuse but who are unable to access specialist safe accommodation for domestic abuse.

The Morrisons Foundation has funded creating a hub for local and women and families.

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.

Page 37

West Cornwall Women's Aid

Notes to the Financial Statements for the Year Ended 31 March 2023

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
£
19,884
101,557
-
127,215
328,799
-
(32,093)
-
316,590
228,772
Unrestricted funds
General
£
Designated
£
19,489
103,787
-
120,000
345,489
-
(27,014)
-
337,964
223,787		 Restricted
funds
£
59,592
-
173,021
(50,610)
182,003
Restricted
funds
£
44,276
-
142,195
(64,742)
121,729		 Total funds at
31 March
2023
£
181,033
127,215
501,820
(82,703)
727,365
Total funds at
31 March
2022
£
167,552
120,000
487,684
(91,756)
683,480

22 Related party transactions

John Watts, a trustee, was paid £nil (2022: £1,983) in the year for professional services provided on a normal commercial basis.

G Allen, the partner of Lizzie Matthews, the CEO and company secretary, was paid £nil (2022: £20) in the year for repair works carried out on behalf of the charity, these services were provided on a normal commercial basis.

Lizzie Matthews also had travelling expenses of £21 (2022: £20) reimbursed in the year. No balance was owing as at the year-end.

The aggregate amount of donations received without conditions from trustees was £470 (2022: £nil).

Controlling entity

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

Page 38