Company re9lstratlon number: 04694786 Charlty re91Stra￿on number.. LL00329 West Cornwall Women's Aid (A company Ilmlted by guarantse) Annual Report and Flnanclal Statements for the Yeèr Ended 31 March 2024 BK Hus Audit Limited Alverton Pavlllon Trewlthen Ro) Penzan Cornwall Tr18 4LS West Cornwall Women's Ald Contents Reference and Admlnlstratyve Detalls Trustses, Report 2tolO ststement of Trustees, Responslbllltles Independent Auditors, Report 12tolS statement of Finèntial Actwitie5 16 Balance Sheet 17 Statement of Cash Flows 18 Notes to the FSnanchl Statements 19to37 West Cornwall Women's Ald Reference and Administratlve Detalls Ch•irm•n Kirsty Arthur Tru*te•* Rathel Gatslde Emlly Ha￿ingtOn Rh5annon Jones Ellen Rudge Gemma Pople Sue Penn Kirsty Arthur Megan Fleld Thalla Wughes Martyn Crouth S¢nlor Manwem•nt / Le•derahlp Ellzabeth Matthew5. CEO and Company secretary Team Ch•th Registrntion 14umber 1100329 Comp•ny Reulstr•¥on Number 04694786 The charfty Is Incorpornted In England and Wales. Maura Hace 11 Market Pla Penzance England TR18 2JB Nalders Sollcltors North Wlng 81ckland House Falrnouth TRII 4SB BK Plus Audif Umited Alverton P3vlllon Trewithen Road Penzance Comwall TR18 4LS HSBC Penzance l Greenmarket Penzance Comwall TR18 25D Reglstsmd Offl¢¢ Soll¢It0￿. Aud5tor ankers Pa9e I West Cornwall Women's Aid Trustees. Report The trustees. who are *Jlrertors for the purposes of Company law, present the annual ￿pOrt wgether wllh the flnanclal statements and audltor¥' report of the eharltable company for the year ended 31 March 2024. The report 1$ a comblned 8nnual ￿port coThtsining a directors. report a5 required by company law. The finanual statements have been prepared in accordance wlth current statutory requlrements, the Artlcles of Assoclatlon, nd the Ststement of Recommended Practlce - Accountlng and Reporting by Ch6ritie5 ISORP FRS 1021. Referwo and Admlnlstradve informatlon, set out on Page I, fom15 part of thi5 report, West Cornwall Women's Ald was Incorporated as a Company Llmlted by Guarantee on 12 March 2003 and Is regulated by Sts Memorandum and A￿deS of •tsso¢lation. The Company was reglstered wlth the Charlty Commlsslon on 27 ¢)ctober 2003. The Company Is a Charlty wlth the objects to provlde rellef of povety, dlstress and surrerfng expedenced by women and thelr chlldren who have been alHJsed In domestlc sltuattons. The or9ani5ation is a tharitable company limited by guarantee. The Cornpany was established under • Mernorandurn of Associatlon whith establlsh8d the obJect5 and power5 of the charftsble cofflp4ny and 15 governed under Its Artlcles of Assodatlon. In the event of the Company belng wound up, membets ère required to contribute an amount not eX￿edINg Elo. The individuals listed cn Page I served a5 Directors for the purposes of Company Law anLS Trustees for the purpose of Charity Law durlng the year. The TnJstees meet regularfy and are ￿SpOnSIble lor the srratsglc dlrettyon of the Charlty. The day to day running of the Charity is overseen by the CEO. Trustees a￿ elected at the Annuèl General Meetlng and one-thlrd shall retlre from Offi￿ by rOta￿on. Dedslons are made based on a malorlty of votes. The Trusrees a￿ an exper￿need an¢J CoheS￿e group. We seek to ￿truIt Trusrees wlth partia¢lar skllls and iftterests. New Trustees complete a trainino prooramme. The major rlsks to whlch the Charfty Is exposed, as Identlfled by the Trustees, have been reviebyed and systems or pr¢xedures have been esiabllshed to manage th05e rlsks. Publ1¢ benefit The trustees conffm that they have complled wlth the requlrements of sectton 17 of the Cha￿tIeS Act 2011 to have due regard to the publ1¢ beneflt guldance publlshed by the Charlfy Commlsslon for England and Wales. Page Z West Cornwall Women's Ald Trustees. Report Ch•rfty H15tory West Cornwall Women's Ald IWCWAID) ha5 been workln9 In the fteld of Dome$l¢ Abuse and Sexual Violence IDASV) and delIve￿r￿j pmjects in West Cornwall for over 35 years. WCWAID estab115hed in 1987 by a group of women In the community who initially ran a helpline in Penzance. A need for somewhere safe tor women to flee to Wès Identlhed, and In 1992 WCWAID acqvlred and opened the htst refuge bulldSng. A secontl refuge property wa5 acquSred In 1995. WCWAID ran accommDtfate up to 11 women and 16 ¢hil¢ren within its refuge provlslon, whlch & a VK-wlde resource. The Communlty serv1￿$ Project was established in 2001 to support women and children Ilvin9 in West Cornwall and the Isle5 of Scllly whose Ilves have been affected by DASV. WCWAID provide5 Helpline. Outreach, Counselling and Gmup Work Progrnmrne5. Volunteers play a cruclal role In delivertng these vltsl cornmunlty servlces. It Is well-documented that where women and thlldren are forced to flee the cwnty this setves to compound thelr difficultles loss of famlly and frfen¢J5, 1055 of local connectlon and dlsruptlon to education. The effectiveness of the Community Servl¢es PmJe¢t Is due to early Interventlon, PreVen￿on and pmtecth?n. WCWAID works wlth women to offer tallored support bas8d on thelr Indlvidual needs, preventlng the breakdown of famlty Structu￿ and provlding sustainable communlty support. In 2018, WCWAID was glfted Maura Place, a bulldlng In the heart of the communlty, Dn the hlgh street in Penz)n¢e. The buildin9 vffets o welcorningi 5Jfe spice for women to acttss OASV servl£es. WCWAID ￿ women-founded and women-led. Gender-based vlolence agalnst women and glrfs Is a vlolatl¢M of hurnars rights and is rooted In gender Inequallty. WCWAID alms to educate and build individual rtsilÈnce of women and to redu￿ fvrther abuse anQ increase life ch2n￿5 for themselves. their children and consequently generatSons to ¢ome. WCWAID define5 itsdf as a femlnlst organlsatlon that strongly belleves In empowering women experieneing DASV to take control of thelr own Ilves and to make thelr own (Motes and declslons. MIBs(on Ststement Vlsl West Cornwall Wornen's Aid's vlslon Is of è world where women and thildren live their live5 free from domestic and sexual abuse. West Cornwall Women's Aid exists to bring an end to the harm done through dtsmestyt abuse and sexual Violence. Our work 15 hollstlc and ern￿WerIng1 worklng alongslde sutvlvors to achieve independent Ilves free from abuse. West Cornwall Women's Ald's core values reflect our hlstory and were developed wlth staff, Setrvl￿ users and trustees. We are: . Women and children focused Empowerlry • Diverse and anti-discriminatory In our pracuce • Cornmitted to 5ervlce user5 belng In the lead and thelr volces belng at the Cent￿ of all that WCWAID does Fernlnlst In our understandlng of domestlc abuse and sexual vlolence Pa9e 3 West Cornwall Women's Atd Trustees. Report Obj•¢tfv•s The Cha￿ty.$ objects are: to provide for the relief of poverty, distress and suffering experieTr￿d by women or thlldren who have o¥perfenced dome5tlc abuse andlor sexual vlolence Irrespertlve of race, cultu￿, sexual orlentstlon or èblllty. In particular but not excluslvely by.. a) provldlng short tem) refuge accommodatyon fo women and the5r thlldren whose safety Is at rf$k as a resulf of domestlc abuse, sexual vlolence Includlng exploitatlon and morSem slaveryi honour-based vlDlence and female genltal rnutllatlon. b) proviéing 5UPPi>rt 5ervlces to wornen thelr thlldren In refuge acc0rnm0da￿on to meet thelr idditk)nal phy51cal, rn￿tal and ern0t￿n31 need5, to promote thelr long-term Safety and well-beln9 and to enable them to progress frorn danger to safety and Independence; cl provldlng on-golng communlty-based support for the health and well-belr*g of women and thdr famS1ies who are Safe to do so and wbD wish to do sts, to stay In thdr own hoTne5,' d} providlng communlty re5etdement servltss to support women and thelr chlldreh progres51ng from refuge attommodation to Independent I￿Ing,. el recruitlngé trolnlng and supporury pald and unpald staff to provlde a range of cornmunlty-based servites to women and chlldren (ln partlcular but not exclusively one to one support Counselllng, helpllne, pSyth0-￿￿Cat{0nal and other well-belng artIvI￿e$1- n to Inform and educate the public, other servltt pmvlders and authcritles and the medla on gender-based abuse and Its Impacts. Page 4 West Cornwall Women's Ald Trustees, Report Activities In determlning actlvrfcles have glven due regard to the Chadtles Commisslon gufjdan￿ on Publlc Beneftt. Our aciivltles dellver public beneflt a5 follow$'. Exchange and analysls ef Informatlon relatlng to domestyc abuse and sexual violence {D￿VI with the agenaes represented at the Comwall Domestic Abuso ènd Sexuol Violence Dellvery Groupi member of Cornwall Community Safety Allian￿,. feedlng Into Cornwall Domes￿( Abuse and Sexual Vlolence Strateglc Group, MARAC Steertng Group and Domestlc Homlclde Revlew Panel • Exchange Infomatlon relating to DASV with Safer Cornwall and Pollce & Crtme Commfj551oner Work wlth the Comwèll Comrnunlty Safety Partnershlp for Safer Town$ to iar9et areas of need and work wlth communI￿e$ and partners to develop sustalnable solutions . Representatlon at Multl Agency Referrnl Conferences If4ARACI • Provide Informailon to ralse awareness of D*iSV and Its Impact5 to the publlc • Provlde Refuge atcommodaiion for up to IL women and 16 children Operate a Helpllne, In West Cornv4all, for women who ore. or have been. in èbu5ive relationships or household$ or who have experfenceil sexual abuse • Provlde on-golng telephone and on-llne support for women In West Comwall and the Isles of Scll Provlde a faCe-tO-fa￿ support for women at rfsk asséssed venues across Wett Comwall Provlde a free cO￿nse111ng 5ervlce • Provlde and facllltate a rolllng group work programme,. therapeutyc groups, psycho-educhtlonol courses. CBT, empowerment workshops and peer led groups for women whose lives have been affected by abuse Includlng historirlchildhooil abuse • Provlde support for women to Increase thelr knowledge and understandlng of mobley Issues, financlal Itter and rebted issutts Co-tsrdinatè and lead an annual vigll and 'Reclaim the Night. event In Pen2an¢e in ¢ollaboratlon wlth partners durlThJ 16 Days of Actlvlsm Oellver support to women In W28t Comw811 who are eXpe￿encINg tlomest*¢ abtJ$e and ère at ￿sk of homelessness vla rhe Krefta setvl a pèthership (via a $ub-¢ontratt} with lead organlsation The Women, entre Cornwall Poge 5 West Cornwall Women's Aid Trustees. Report Wlw us•d •nd b•n•flted from our xrvlc Refvge Service A refvge Serv1￿ for women and children who are at hlgh ￿sk from domesUc abuse Is a key component of WCWAID'S service provision. WCWAfD workers work wlth women to develop tallored support plans that are Individualised and focused on increasing the woman's safety and $upportlng them to ￿CoVer from trautna. We aim to improve well-belng and an understandlng of the dynamits Of domestic abuse. We conilnue to provlde Refuge accommodatlon for up to 11 ¥yomen and 16 chlldren and a resettlernent progrzrnrne for women and chlldren artsrthey leave the refuge. R•s•ttl•m•nt Swvlc•• The resettlement servlte support women and thild￿n to move on from refuge and Into the community through intensive one-to one support and grout>work. Prartlcal a5$1$tano Is provlded to ensure safety r￿easU￿ are In place when women rnove Into thelr new home5, and our workers offer support wSth deallng wlth a varfety of Issues. Indudlng accesslng flnanclal 5UPPOrt. organising utilities, arrangSng the move. budgetlng. and transitioning children into new schools. Once women are setded In thelr homes, group wok* is offered to encourage social connection and to support further emtstional re¢overy. Workers provide spÈ¢lfic sesslons indlvldualty ané together wlth the famlly, supportlng them to strengthen famlly bonds and resolve Issues. Communlty S•rvlc•s Helpllne, Outreach, Counselllngi Well-beSng, Speclallst FlnancSal & Hguslng Support & Athlce, Adv1￿ and Groups. A dedlcaied group of tralned volunieers work alongslde WCWAID staff to dellver our Communty Servlces to women Ilvlng in West Cornwall and the Isles of Scllly. The 5ntroduC￿On last year of helpllne and well-belng speelfle worker roles to support the volunteers to dellver the helpllne Serv1￿ and to strengthen the provl*on of tailored wellbein9 5UPPOrt to women ha5 been a succe55 and we art lookin9 to expand this. Qualified volunteer rounsellor5 ?nd student COUn5ellor5 ltrjininy Jt Diploma or Dryree level) paid counselh)rs provhle ontrto4)ne counselllng and therdpeutlc 9roups. The ¢ounsellln9 team a￿ tralned in several different modallties, Includlng Person Centred, Integrative and Core Process Psychotherapy. they draw upon the9e ¥arySng apptvathes to meet the womèn's needs. Counsellors recelve trauma-lnformed tralning so that ctsunsellors tèn feel more confident when talklng With servlce users about the Impact of trauma, whlle Introduung polyvagal theory and practice where appropriate. Our Communlty Servlces supports women and fhelr chllL1ren wlth early Interyentk*n. prevenyon and protertlon frorn further harm. A wide rnnge of octivities and services are provided to Support women to develop safety plans. io help women and chlldren to recover frem trauma, and to prevent the breakdown of family 5tructure$. The servlo works with women and chlldren who are expedenclng abuse, and wlth those who are impacted by the trauma of historf(al abuse. We have establlshed referrals wlth relevant agencles and support servltrs to rneet addiknonal needs, e.g. Earty Help Hub, Multi Agency Referr81 Unlt IMARU}, We are Wlth You. Outlook Southwest, c￿1Zen,$ Advitr Bureau, Colle9es antl r￿d banks. Our group actlvltle5 thls year Included trauma-infomed yoga, craft 9foupi wlld swlmrningi ceramiu, banner maklngt peer support groups and Power to Change groups. Over 370 women benehtted from WCWAID'S servlce5 and support th15 yeor. number of women recelvlng support from Krefta.. 88 number of women In weekly counselling sesslons and In therapy 9roups.' 36 Tt>tal number of women supported In Communlty Setvlces Ilncludlng women recelvlng 5UPPOrt from Krefta and counsdllng selv1￿).. 341 • Total number of women aecommolated In refuge.. 29 . Totsl number of children accommodated in refuge- 17 Length of 5tay- The total number of bed nl9hts was 3.240, whlch ?veraged at Ill per wornanlfèmity sample of referrtng agencles.. 5elf-Referrals, Natlonal Women's Ald, Speclallst DASV Provlder5 InGludlng IDVAS nd Krefta, Pollce. Addlctlon Agendes. Housin9 PrO￿derS. Social Care and Health services. Page 6 West Cornwall Women's Ald Trustees, Report Volunte•r Programme Volunteers have always been ¢rucl)I to the dellvery of WCWAID'S seryice$ for women and their th[1d￿n, and this has continued to be the tase thi5 year. The volunteer programff￿ has seen volunteers supporknng many of WCWAID services, staffing the helpllne, delivering outreach sesslons In the community, supportlng at refuge, supportlng groups such as craft group and trauma Infomied yoga, and also speoalitt or bespoke setvices such as the speclallst houslng advlce and support dlnic that is dellvered by a volunteer. Several of the tralnee and trained counsellors also (lo this in a voluntary capacity. Our comprehensive volunteering programme this year induded mentoring* shadowlng and extenslve tralning that Sncludes UnderstandlThJ and Recognlsing Domestic Abuse and Sexval VSolence, Child Sexual ExploStatlon, Safeguardlng. Equallty and Doverslty and Farnlly Law, U5tenlng s￿11$, Reslllence Tralnlng and Trauma Informed dellvery tralnlng. Totsl number of volunteers {In¢ludlng trustee$): 34 Toral number of volunteer hours: 1785 1+ 601 twstees hours) Actlvltles and Achlevements Thls year saw a number of developments across the or9anlsatlon. In response to growlng need and the cost of Ilvlng crfsls, Communlty Servkes expanded to IncI￿]e a Financbl Support Projert. A dedlcated speclallst finan￿ worker supports women wlth budgeting J debt and other flnanclal literary issues. This is a pilot proje¢ and we are evaluating the effe¢bvene$5 of havlng thls type of speciallst support and advice dellvered Inhouse by a worker with eXten￿ve knowled9e and understan(ling of domestlc abuse and se)rual vlolence [￿ueS. Trls year we began dellverfng The Power to Change, a psychD-educ3tk*nal programme developed by international domestic abuse experts and promoted by natK)nal Women's Aid. Two of our team have Pa￿cIPated In extemal trainlng to deliver the programme. whjch builds self-esteem and empowerment, enabllng women to recognise Indivldual strengths, maintaln Independence, and acknowledge thelr rlghts tLI respe¢r, dlgnw, Independence, cholce and control. The programme has been so successhjl that It requlred a waltlng Ilst and additional dates adde¢ to try to meet demand. WCWAID wo5 assessed by Women's Aid FederatiDn of England a[￿ achieved Level l accredltation in the Women'5 Ald Natlonal Quallty Stsndards, whlth ￿cOgnISeS a consistent quality ol delivery for all operauonal aspects of the charlty. These procedures are peritsdlolly revlewed to ensure that they contlnue to meet the needs of the Cha￿ty. Th55 year we contlnued to make progress in term5 of raising tsur profile and local awareness. We were a partner for the thlrd year runnlng In'16 Day5 of AcU()n', o 5erles of evÈnts in Penzance h￿hlIghtIng the Issue of vlolence agaSnst gir& and w¢Jmen. The Inltlatlve has gmwn in Influence and awareness and is now an establlshed event In the town's calendar, wlth support from an Increaslng number of oryanlsauons ?rnd communlty partners. The campaign attracted media attention, including by feature by brth local ITV and local OBC news wlth Intervlews and slgnihcant radle coverage. Internatlonal Women's Day on 8th March was marked by WCWAID wlth an evenl to celebrnte the theme of 'indusion'. Women created a large cvllaborative plece of art and came together to Sha￿ food that makes them happy or Is a celebratlon d15h in their cu￿Ure. Other elements of the day included musical perfornian￿5, jewellery and wreath making and a welcome flag dlsplay representlng the diversSty of the women who have stayed at refuge. Our Community Service5 have been dellvering a wldÈ varlety of group work, an emphasls on naturtrbasgd and creatlve sessions,. for example, we introduced activ￿e5 sueh as wlld swimmlno and cernmlcs. Demand for counselllng remalned hlgh. however, with addiknonal counsellors recruited, more women were able to access thls Servi￿ thls year. Women were alsc able to acce55 Vlell-belng servlces whlle on the waiting Ilst or last-tra¢ked If the need was urgent, through our Support and GuldaDce projeci. Women and thelr chlldren at our refuge and supported by our resetdement servlce partldp8ted In our extenslve holldays programme wlth culturnl, soaèl, tsmily and recreationil acttvlties to develop social networks, strengthen famlly bonds, create happy mernories and have fun. The programme featured vSsits to local places of inrerert and trips further afield, Includlng St Michael's Mount, local Museums, wildlife boat trfps, beache5 and Ildos, parks and v400dland tdp$. Qnslie adlvlties Included communal pizza lunches using the outdoor pizza oven, bakin9 sesslons, plantyng and growlng, and arts 3thv1￿es such as tFe dyelng. Page 7 West Cornwall Women's Aid Trustees. Report The weekly Peer Support GroupN whlch started last year, has gone from strength to strength - the group brings wornen together to Insplre and encourage each other on thelr personal Journeys to Ilve lives free from domestlc abuse. Sesslorts have Included self-esleem and conffiJen¢e bulldlng workshops, creatlve arts ind healthy relat(on$hlps workshops. The group brought women together to inspire and encourage each other on their personal and unlque Journeys to live INe5 free from dorne5tic abuse. The cost of I￿Ing crtsls ha5 had a blg Impact on women affert￿ by dornesuc abuse and sexual vlolence, and we have accessed over £10,¢￿)0 of funds to dlrectly support women to reduce the impact of the cost of Ilving ulsls on thelr Ilves. Wè were part of a partnershlp led by The Women's Centre Comwall that s￿br￿tred a tender to dellver Independent Sexual Vfiolen￿ Advocacy afXOSS the penlnsula. We contlnued to attend meetlngs and networking opportunltles to work towards strengthenlng relatlonshlps w*th other commlssloned and nOn￿MMISSIOned Dornestic Abuse Sexual VK)lence (DASV} servlces. We contlnue to note.. A sustsined Increase In requests for h¢u￿ng/hOmelesSness advl An in¢ye8$e in contart From wornen 5kn11 in abusive relationships • A greater recognitlon of emotlonal abuse, induding coercion and controlllng behavlour • Contlnued requests for support wlth anxlety, mental health Sssues and Isolauon • A continued increase with requests for 5UPPOrt wrth finances and fotyj More onllne enquirles lemall and dlrect message) We have been able to dellver all these actlvltles due to fundSng from a mlx of sources Income, *JOna￿on$ and In-klnd SUgPOIL contracts¢ grant Contrarts include: Saf¥ Cornwall commlssloned our refuge provlslon and a resetuernent programme for women and chlldren. We were awarded a 10-year contrart to dellver these xrvl¢es untll March 2034. A ¢ontrart to deliver an l)ut￿a¢h serv¥¢e, Krefta, for people affected by domestic abuse w40 are homeless or In unsafe accomrnodation. This 15 through the Women's Centre Cornwall who are the lead partner in this Safer Cornwall Controct. We We￿ pleased tr) be supported by a range of grant fvnders Ihroughout the year that induded: Caledonia Investments Charitable Foundation, Brwk Trust, Lloyd5 Foundation, BBC Children in Need. Garfield Weston Founda￿On, Masonlc Charltable Foundauon, Screwflx, Cornv4all Counol Communlty Ches( Cornwall Community Foundation, A5da F¢xtndaYon, People in Mlnd Communlty Wellbelng Fund, Se#el-Collings Foundation, Politt and Crime Commissioner Fund. Donation5 received have been both financial in-knnd. Donations range from holidays, outing5, and gift5 for women and ch51dren to vltal Items such a5 pushchBlrs and wr)men'5 sanltary prvduct5. Members of tb.e pubjlc have supported WCWAJD by donatlng Ilems for use both In our refuge and wlthln the communlty. Several tommunity groups have continued to offer suppor¢ Induding local churche5, Rotsry dub5 and loca5 arts organlsatjons. WCWAID 8•curity and long-term funding Trustses are confident and optlrnlstlc In re5pert of WCWAID'S lon9 term operatlons and are 5at15fled that t future of the chBrlty Is sectsre,. the wlnnlng of a ten-year contract to contlnue to dellver refuge and $etYement servlces and secu￿ng of grants, such as the Henry 5mlth Cha￿ty funding for CO￿ Costs untll 2027, h55 contributed to thi$ strAbllity. We are grèteful tts our staff and volunteers for worklThJ tyrelessty w provlde reluge accommo¢atlon for women nd children fleeing an abuser and specialist Services to women In the communlty who are experlen¢lng or have experienced domestlc abuse ènd or sexual violence. A150, for the inctEdible work whKh hJ5 been done to raSse awareness of the Issues and for the support of the local communlty4 IVS vltsl io all that we do, and we are oveThhelmed by the generoslty we have been sh¢Mn. Page 8 West Cornwall Women's Aid Trustees, Report Rl$k Han4g?ment The board of trustee5 condutts a revlew of the major rtsks to whlch the charlty Is exposed. A rfsk regLster 15 regularly updated. Where approprtate, systems or procedures have been establlshed to mltlgate the rlsks the charty faces. SignlflcaTht external risks to fundlng have led to tme development of a strateglc plan which wlll allow lor the d￿ersIfiCatIOn of funolng 8n4 8rtlvitles. Intern81 control rSsks are mlnlmlsed by the Impl¢rnentsb"on of procedure5 for authori5ation of all tran58cknons and projerts. Procedures are in place to en$￿￿ compllan with heolth and safety of Staff, volunteer5, clients vi5itor5 to the centre. Tru#te•8 and offlcers The tnjstees and officers servln9 durfng the year and slnce the year end were as follows: Trustees: Jenny Wlngham {reslgned 10 October 20231 Alexandra Lethbridge (resigned 10 October 20231 Rachel Garslde Rosalind Norton Ireslgned 17 November 20231 John Watts Iresillned 30 April 20231 Tessa Snelkjrove (resigned 6 June 20231 Emlly Harrlngton Rhlannon Jones Ellen Rud9e Gemma Pople {appolnted 6 June 2023) Sue PEnna {appDiftted 6 June 2023) Kir5ty Arthtjr (ap￿Inted 24 August 20231 Cat Allinson lappointed 21 September 2023 aThJ resigned 24 July 20241 Megan Fleld lappolnted 10 t)rtober 2023) Thalla Hu9he5 lappolnted 21 November 2023) Martyn Crouch (appolnted 21 November 20231 Chalrrnan.. Klr5ty Arthur (appointed 24 August 20231 Chlef Executlve offi￿r. Elizabeth Matthews Fln•nd41 r¢vlew Pollcy on rns•Tves The Charfty Commisslon recommends èn arnount not less than the equivilent of 3 rnonths. expendlture Is kept In tree reserv¢5 and thls Is a150 the reserwes pollcy of West Cornwall Women's Ald. At the year end, the level of free ￿serveS In the charfty was £297,235 {2023.' £Z96,7061. Th15 15 regarded to be sat15factory. Of the total funds of the charity, whith stand at £719,075 (2023: £727.3651. £226.542 (2023: £22B,772) Is consldered deslgn4ted, belng the net book value of the freehold property, held for use by the charity. Principal funding ￿Ur¢¢# The prfnclple fundlng sources are from Safer Cornwall. &9 Lottery and other Grant providers. The correspondlng expeJ)dlture of thls Income Is made In occordance wlth the contract or grant a9reement. Dixlo*ure of inf•rm•tlon to èudltor Each trustee taken steps that they ought to have raken as a trustee In order to rnake thernselve5 awa￿ of any relevant a￿dit informatlon and to establish that the charfty's audltor 15 Ww?￿ of that Inforniatlon. The trustees Confirm that there is no relevant information that they know of and of whl¢h they know the audltor T5 unawart. Page 9 West Cornwall Women's Aid Trustees. Report ReJppolntm•nt of •udltor In ac￿rdanCe with settion 485 of the Companles Att 2006, a re501uUon for the re-appolntment of BK Plu5 Audlt Llmlted a5 audIt￿S of the charlty Is tu be proposed at the forthcotnlTvJ Annual General Meetin9. The annual report was approved by the trust•Es of the chadty on 15 Ottober 2024 and slgned on Its behalf by.. Rachel Garslde Trustee Klr5ty Arthur Chalrman and trustee Pag* 10 West Cornwall Women's Ald Statement of Trustees. ResponsSbilities The trustees (who are also the dlrettors of West Cornwall Women'5 for the pu￿¢$eS of tompany law) are responsIb￿ ft)r p￿parIng the trustees. report and the nnanclal statements In )¢¢ordarKe with applKable law and Unfced Klngdom Accovntlng Standards {Unr£ed Klngdom Generally Accepted A¢rounUrvJ Prnctkel. Includlng FRS 102 Yhe Flnanual Repotfjng Stsndèrd appllcable In the UK and Republic of Irelind" Company law reqLrlres the trustees to Prepa￿ financial statements for Eadi financlal year. Under compèny law the trustees must not approve the finandal st)tements unless they a￿ satlsfied that they give a true and falr vlew of the state of affalrs cf the charitable company arK1 of the Incomlng r￿oUrceS and applicatlon of resources. Includlng Its Income and expendItu￿. of the charltsble company for that period. In preparing these rinandal 5tstements, the tswstees are reqllred to.. select 5ultable accountlng policles and apply them con￿StentI¥. observe the methods and prlndples In the Charltles SORP: make lud9ewnents and estlmate$ thèt are reasonable and prudent. state whether applicable accountlng Standards, ¢omprfslng FRS 102 have been followed, subjert to any materlal departures d15dosed and explained In the flnanclal s¢atements,' and prepare the flnancoal strtements on the going concem ba555 Ltnless ot Is Inapproprtate to presume that the chadtable c¢)fflpany will contlnue In busIn￿. The ¢nJstèÈ5 are respon$b￿ for keeplw proper accountyn9 records that can dlsclose wlih roasonable accuracy at any time the flnandal posltlDn of the charttable company and enable them to ensure that the flnanclal ststernents comply wlth the Companie5 Act 2006. They are also responslble ftr safeguardiTrJ the assets of the charltable company and hence for tsklng ￿¥Sonable steps for the prevention ond dete£tlcn of fraud and other lryularibes. The trustees are responsible for the maltr)tenante ènd integrity of thE corporate ond flnanclal Informatlon induded on the charitable company's website. Legi51atlon govemlng the prePara￿On and dissemlnatlon cf financlal ststements may dlffer from leglslation In other Jurf5dlctlons. Approved by the trustees of the charfty on 15 October 2024 and sl9ned on its behalf bv.. Rachel Gor5ide Trustee Klr5ty Arthur Chairnian and trustee Page 11 West Cornwall Women's Ald Independent Audltor's Report to the Members of West Cornwall Women's Aid Opinion We have avdTted the fl￿anc￿l statements ol West Cornwall Women's Ahl (the 'tha￿table company'l for the year ended 31 March 2024, which comprise the Statement of Flnanclal Actwities, Balance Sheet, Statement of Cash Nows, and Notes to the Flnanclal Statements, Includln9 a summary of SKJnificant accountin9 policies. The rinanclal reportlng frarnewotl< that has been applied In thelr preparatlon 15 United Kingdorn Accounung Standards. comprlslng cha￿tIeS SORP - FRS 102 'The Flnancial Reporting Standard applicable in the UK an Republic of Ireland. and appllcable law Iunlted Klngdom Genernlly Accepted Accountinq Prèctitt). In our oplnlon the financlal statements,. 9tve a true and falr vlew of the state of the Charftable Companys affBlrs as at 31 March 2024 and of Its Incoming resources and application of resourtts fDr the year then ended,. have been properfy prepared In accordan￿ wlth Un￿d Klngdorn Genernlly Attepted Accoui)tlng Prathce; and have been prepared In accordan￿ wlth the requlrements of the Companles Art 2006. Ba61$ for oplnl•n We conducted our audr( In accordance Intematlonal Standards on Auditing IUKI {ISAs IUKII and applkable law. Our responsibllities under those standards are further descrlbed In the Auditor's responslkn'llties for the audlt of the nnandal statements section of our report. We are Independent of the charftoble company In accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, Fr￿lUdIng the FRC'S Ethlcal Standard. and we have fulfilled our other ethlc31 responslblllttes In accordance wlth these ￿qUireMents. We believe that the audit evidence we have obtsined 1$ sufficient and Bppropriate to provlde a basls for our oplnlon. C•ncluslon$ r•l•llny to golng ¢?n¢¢rn In aLMSiting the financial statements, we have concluded that the trustees use of the golng concttn basis of accoun￿￿9 In the preparntl¢Jn of the flnanclal ststements 15 approprtate. Based on the work we have performed, we have not Identlffed any rnaterlal uncertalnues relatlng to events or condluons that, Indlvldually or collectlvely. may cast slgnificant doubt on the charltvs ablllty to contlnue as golr¥J concern for a period of at least ￿e1ve months from when the orlginal flnanclal statements were authort5ed for Issue. Our responsibl11￿eS and the responslbllltyes or the trustees wf£h respect to g￿n9 concem are descr6bed in the relevant sectlons of thls report. oth¢r Infovmatlon The trustees are reSponsIb￿ for the other Inforrnatlon. The other Informatlon Com￿$eS the infornalion Induded In the annual report, other than the flnanclal ststements and our audltor's report thereon. Our oplnlon on the finandal statsments does not cover the other Informatyon and. eX￿pt to the extent otherwlse expllcldy stthd In our report we do not express any fomi of assurance concluslon thereon. In connection with our audit of the finanaal statements, our responsibility is to read the other informatlon and, In dolng so. CDnslder whether the other Infomiatlon Is materlally InconslstÈnt wlth the flnandal statements or our knowledge obtsined In the audit or otherwlse appears to be matedally misstated. If we Identify such materfal inconslstencles or appa￿nE material misstatemenrs, we are requI￿d to determlne wherher there Is materfal mi55tstement In the flnancial ststernents or a matsrfal mlsstatement of the other Informatlon. If. based on the work we have performed, we conclude that there is a materlal mlsstatement of thls other inforrnation, we are required to report that fact. We hève nothing to report thls regard. Page 12 West Cornwall Women's Aid Independent Auditor's Report to the Members of West Cornwall Women's Aid Oplnlon on other matter prescrlbed by the Companies 2006 Jn our oplnlon, based on the work undertaken In the course of the audlt.. the Inforniatlon glven In the Tru5tees' Report for the financlal year for whlth the financfjal ststements are prepared Is conslstent wlth the finanual staternents,. and the Trustees. Report has been pfftpartd In accordan￿ wlth appllcable legal requlrements. Matt¢rs on whlch we are requlrod to roPOrt by exceptlon In the li9ht of our knowledge arid understsndin9 of the charitable company and Its envSronment obtsined in the course of the audlt, we have not Identlfleil matedal m155tatetnents In the Trustees, Report. We have nothlng to report In respect of the follov41ng matters In relatlon to whlch the Companies Act 2006 requ5￿ us to report to you 11, In our oplnlon.. adequate and proper accounting records have not been kept, or rÈtums adequate for our audlt have been recelved from branches not VISI￿d by us. or the flnanclal statsments are not In agreement wlth the accountlng records and returns,. or certaln dlsclosures of trustees remuneratiM spe¢ified by law are not made. or we have not recelved all the InfOrMa￿On and explanatlons we requlre for our audit,. or the trustees were not entfjtled to prepare the financlal statements In accordantr with the small companies regime and take advantage of the small componies. exemptions in prepa￿ng the trustees. report and from the requlrement to prepare a strategic report. Responslbllltles 01 trustees A% explalned more fully In the StateM￿t uf Trustees. Re$ponslbllltie$ (Set out on page 11), the trustees {who are also the directors of the chèritable cornpBny for the purposes of company lawl are responsIb￿ for the repara￿on of the financlal statements and for being 5ati5fied that they glve a true and fair view, and for such internal control as the trustees deterTr￿ne Is necessary to enable the preparatw)n of fSnanclal statements that are free from matedal mLsstatement, whether due to fraud or error. In preparlng the flnanclal statements, the trustees are responsible for a5se5sing the charltable company¥ blity ro contlnue as a golng contrrn, d15doslngt as applloble, matters related to wing concern and uslng the golng concern basls of accountln9 unle5S the tnJ5tee5 either Intend to Ilquidate the charltable company or to cease operations, or have no reallstlc alternatyve but to do 50. AudI￿r r¢sponslbllltl¢$ tor the audlt of tho flnanclal 5t•t•m*nts Our obiecbve5 are to obtain reasonable 8ssur3nce about whether the finanual statements as a whole are free from materlal m155t8tement, vihether due to fraud or error. and to issue an audTtor'5 report that includes our opinlon. Reasonable assurance Is a hlgh level of assurance, but Is not a guarontee th3t on audit conducted In accordance with ISAS IUKI wlll always detect a materfal m15Statement when It exlsts. MIs5tatements can aAse from fraud or error and are censidered materfal If, Indlvldually or In the aggregate, they could reasonably be experted to Influence the economic decisions of user5 token on the basis of these flnanclal ststements. The extent to whith ¢Jur proeen governènce or ￿NStitUtiOnal mattet5. Jrrecovernbje VAT Irrecoverabk VAT Is charged agalnst the category of resource5 expqnded for whlch It Wa5 Incurred. T4x*t5on The charity Is consldered to pass the tests set out In Paragraph I Sthedule 6 of the Flnance Act 2010 and therefore it meets the deflnltlon of a cha￿table company for UK corporatlon tsx purposes. Accordlngly. the chirity 15 Potentially exernpt frorn taxation in respert of income or capital g8ifts reteived wlthln categorles covered by Chopter 3 Part 11 of the Corporatlon Tax Act 2010 or Secuon 256 of the Taxation of Chargeable fjaln5 Aci 1992, tg the extent that such Incom8 or galn5 are applled exclu51vely to charitable purposes. Tanglble flxed assets Individual frxed assets c0s￿n0 £250 or more ère Initlally recorded at cost, less any subsequent accumulated éepreciadon and Subsequent accumulatsd irnpairment losse5. Depr•datloTh and amortlsatlon Dep￿Cl#tIOn 15 provided on tanglble fixed assets $0 a5 to wrlte off the cost or valuath)n, les5 any est1mated residual value, over fhelr expetted useful economk 16ft as lollows.. ABset da D•pr•clatlon m•thod •nd rat• 20% per &nnum Ix) a redudng balance basis FurnItU￿ and equlpment Page 20 West Cornwall Women's Ald Notes to the Financial Statements for the Year Ended 31 March 2024 Computers 33% per annum on a reduclng balance ba515 15% per annum on ? reduclng balance basis Straight Ilne basls over 50 years Bulldlng Improvements Freehokl Property Investm•ttt pr•wrtl¢s Investment property is carrled at falr value, derlved from the ¢urrent mBrket prices for cDrnparable real estat• deternilned annually by the trustees. The trustees use Dbservable market prlces, adjusted If ￿e￿sary for any dlfference In the nature, locatlon or condltlon of the speclnc asset. Changes In falr value are recognlsed In the ststement of Flnantlal Activ￿leS. Current afjset In¥¢stment• Current a55et investments ore Induded at the lower of cost and net rea15sable value / market value. Cosh at bank and In hand Cash at bank and cash in hand Indudes cash and short term hlghly Ilquld Snvestrnent5 that are readlly convertlble to a known amount of cash and are subJect to an Inslgnlflcant ￿sk of change In value. Tr•d• cr•dltors Trade creilltors are obIlga￿0ns to pay for goods or servltes that have been atguired in the ordinèry course of buslness from suppliers. Ateounts pay¥ble are classified a5 current liabllitles If the Charfty does not have an unconditional right, at the end of the reportlng perlod, to defer settlement of the creditor for at least twelve months after the reportlng date. If there Is an uncoThdltlonal rfght to defer settlement for at least tsvelve months after the reportlng date, they are presented as non-cutTent Ilabllittes. Trade credltors are recogThlsed Inltlalty at the transactlon prlce. unreS￿£ted Income funds are general lunds that are avallable for use * the trusteeg 11K￿li0n In lurtheran of the objethves of the Cha￿ty. Deslgnated funds are unrestrlctgj funds set aslde for spedflc purposes at the dlscretyon of the trustee5. Reth¢red Income funds are those donatsd for use in a partleular a￿a or for speclflc purposes, the use of whl¢h Is restricted to that area or purpose. p•n￿o￿ •nd oth•r post r•tlr•m•nt obllg•tlons The charity operates a defined eontTibution pension stheme which is a pension plan under which frxed contributions are paid into a pension fund and the charity has no le9al or constructive obligatlon to pay further c0ntrfbu￿OnS even if the fund does not hold sufflclent assets to pay all employees the beneflts relating to employee servlce In the wrrent and prlor perfods. Contrlbution$ tts defin*J ¢ontrlbutlon plans are recognised in the Ststement of Financial A¢tryiti&s when they are due. If contribution p8yments exceed the rontributTron due for Service, the excess 15 ￿t09Th1$ed a$ a prepayment. Page 21 West Cornwall Women's Aid Notes to the Flnancial Statements for the Year Ended 31 March 2024 Financial Instrnments class111￿n The Charfty only ha$ financlal ￿et$ and finandal Ilabllitles of a klnd that quallfy a5 baslc flnondal InstNrnents. Récognltlon and measurement Basic financial o5sets ond liobiliknes are Inldally measured at transacth)n prfce {Incltsding transaction CDSts) an $ubsequen￿Y measured at thelr settlement value. nanclal assets and l5ablll￿es are only offset In the ststement of flnanclal posltlon when, and only when there exists a legally enfO￿ats1e rfght to set uff the recognlsed amounts and the Charity intends either to settle on ner basls, or to wlise the asset and settle the liability simultaneously. Finanaal assets are derecognlsed when and only when al the contrn¢tual rfghts t¢ the flows fr¢m the financlal asset explre or are settled, bl the Chadty transfers to another party substantlally all of the rlsks and rewards of ownershlp of the financlal asset, or ¢1 the Charity, ijesplte havin9 re¢alned some, but not all, slgnlflcartt rlsks and rewards of ownershlp, has trnnsferred control of the asset to another party. Flnanclal l￿bIlItIeS are derecognised only when the oblvJation specified ia the Gontract 15 discharged, cancelled or expires. Page 22 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 2 Incom• from don*tlon$ and lty•d Unr••trlcted funds R¢rtrl£t•d fund# Total 20Z4 Total 1025 G•n•ral DonatrDnS and l•gacl•s" other DTrnations 19,632 720 20,352 16,484 Unrestrlrted Grants Chlklrens Workers (BBC Chlldre In Needl The National Lottery Community Fund Uoyds Bank Foundatlon for EThJland and Wales Blshop's Fund Community Foundation CCF Grants Bollngey Barbadans The Morrlsons Foundatbn Covld-19 Rellef Fund Caledonla Charttable Trust The Brook Trust Trevl Sparts Utilities Grant Penian(E Council Masonlc Charftable Foundatlon Screwfix SWPA Srnall Grant Sackler Trust St Aubyn Foundatlon 5V Grants- 2023 SU Grants - 2024 30,000 30.000 30,000 33,162 33.162 33.219 79,707 79,707 89,841 24,988 24,988 27,250 500 9,962 13,787 24,023 1,000 24,023 1,000 16,000 10.000 5,634 9,000 14,709 8.848 9,000 8,848 9,000 1,560 2,950 10,455 5,000 L,000 1,560 2.9SO 10,455 5,000 1,000 5,000 7,500 5.000 7,500 3,754 184 925 265 605 282 140 Pa9e 23 West Cornwall Women's Ald Notes to the Financial Statements for the Year Ended 31 March 2024 J Income from charfiabl• actlvltles Unre$trl¢tod funds General Restricted funds Totsi 2024 Total 2023 Safer Comwall (prev. CSPO Refu9el Safer Cornwall Iprev. CSPD Chiklren in Refugé) Krefta Foundation Refuge rental Income 303.514 303,514 264.034 39.681 54,407 JIB 606 83,044 83,044 131 189 131 189 131 189 517 747 476 728 4 Inv•slment income Total 2024 Genernl 2023 Income from other Investments Income from rents 3.638 3,638 986 S Expendlture on tharltable a¢tlvltles A¢ti¥ity und*rt•k*n dlrt¢tly Grant fundlny of a¢iivlty Artivity support 2024 2023 ommunlty Serv1￿ Projecr ounselllng and Advl¢e Volunteer Project Property costs Cost of raislng funds (k*vemance 66,696 401,621 29,966 90,027 22,419 161,874 237 89,115 563,495 30.203 90,027 5,509 97,608 508.963 20,038 76,386 5,377 5,509 588 310 204 166 797 985 725 969 Page 24 U% rri li i West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 6 Analys1• of 9ov•rnance and $upport costs Basls of alloeatlon R•l•r•n M•thod oe •llo¢•tlon Employment costs Based on esdmate of tlme spent offi￿ expenses Allocated based on time spent Stsff support Based on the employment costs ratlos Governanc• corts Rortrl¢tod nds Total 2024 Total 2023 A￿tsit of the finanaal statements Other accountancy costs Allocated support costs 7,350 3,990 7,350 3,990 6.000 3,500 7 Government grants Govemment gras)ts recognlsed in the flnandd ststements are made up of lunds from Cornwall Councll, funded by the govemmenr. The amount of grants recognlsed In the financlal ststements was £386.558 12023 - £358,122). 8 Net in<•minglout•olng resour Net loutgoingifincorningloutgoing resources for the year Indude.. 2024 2023 Operating lease reThta15 Audit Fe L055 on disposal of fixed a55ets held for the rharity'5 own use D*prttlatlon ol fTxed a$$ets 2,7l8 7,350 398 2,718 6,000 128 Pa9e 26 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 9 Tru*t4￿ romunwthtion and •xp•nJ Ouring the year the chartty made the followlng transactlons wlth twstees: Ellon Rudg• £6012023.. £NII) of expensts were relmbursed to Ellen Rudge durln9 the year. The an￿U￿t relmbursed relates to trnvel expenses Incurred. No trustees, nor any person$ connected wlth them, have recelved any remunerauon from the tharfty durlnll the year. No trustees have recelved any other benefits from the chartty durfng the year. 10 Staff cojts The aggregate payroll costs were as follows: 2024 2023 st•ff durlng tho year were: Wages and salades Soclal securlty costs Pensk)n costs 522,967 33,507 7.544 482,638 30,815 564 018 The rnonthly average number of persons linclvdlng 5enlor management team) empl¢>yed by the charlty dur6ng the year wa5 as follDWS= 2024 rio 2023 Choritsble activities 29 2B 25 12023 - 191 of the above employees partlclpate¢ In the Pefinetl Contrlbution Pen$iDn 5cheme5. Contributions to the employee pen$lon schemes for the year totslled £7.544 12023 E6.343). The Cha￿tY operates a defined contrlbuuon pen51on plan. The basls for allocatlno the Ilablllty and expens&s be￿leen attivities 15 in line with the basi5 of allocation detailed in Note 5 to the accounts. Penslon Ilabllltles and expenses are alltxated to unrestrfcted funds and restdtted funds on the sarne basls as other emplDyee-related cosrs unless the terms of a ￿$t￿rtIon prohlblt the ?Iloca¥on of such costs to a restritted fund. No employee recelved em01￿ments of more than £60,000 durfng the year. The total emplgyee beneflts of the key rnanagement personnel of the charlty were É33,377 12023 - E32,8621. Page 27 West Cornwall Women's Ald Notes to the Financial Statements for the Year Ended 31 March 2024 11 Tanglbl• flx•d a89•ts Short leasehold lJnd Furnltur• and •nd bulldlngs •qulpm•nt Freehold Property Toi¥Jl At l April 2023 AddSUons Dlsposals 155.045 3,000 28,044 111,008 11.289 294.097 14,289 At 31 March 2024 158 045 119 916 306 005 D¢preel•Yon At L April 2023 Charye for the year EllmlnatÈd on dlsposals 13.097 3,109 L9.732 1,247 80.235 ,403 113,064 12,759 At 31 March 2024 Net book ￿luE At 31 March 2024 141 839 182 165 At 31 Marth 2023 l81033 Page 28 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 12 Flxad asBet Inve8tm•nts 2024 2023 Investment properties 127 215 127 215 Inv¢stment propertles Invertment propertSes Cost or Valuation At l April 2023 127 215 Provl•lon At 31 Marth 2024 Net book v*lu• At 31 March 2024 127 215 At 31 March 2023 127215 The falr value of the proportion of the freehold propety hdd as Investment property wa5 detemlned by way of an Independent Valuation upon its ocquisition in 2019. There was a valuatlon on the splrt use property by a professlonal Independent valuer In the p￿vIouS year, the trustees have determlned an appropriate amount to have been apportioned to Investment Propety, and ¢on51der Investment PrDperties are shown at thelr falr value. 13 l>ebtors 2024 2023 Trade debtors Prepayments Accrued Income 10,879 3,900 10.879 3.242 Page 29 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 14 Cr•ditors: •mount• f•llin9 du• wlthln on• y•4r 2024 2023 Trade credltors Other tsxat5on and soclal securlty Other credltor5 Accruals Defe￿d Income 2,380 8,832 994 8,749 4,810 19,849 15,522 2024 2023 L)efe￿ed Income at l Aprll 2023 ReSoUr￿S defetTed In the perlod Amounts released frorn prevlous peAods 48,300 36.687 64,742 48.300 Deftrred Income at year end 15 Obllg¥tl•ns under l¢•w$ and hire purthase ¢ohtr&tt* Qperatlfftg lease tommltments Total future rnlnlmum lease payments under n￿-can￿lIable operatyng leases are as follows: 2024 zo other withln one year Between one and five years 2,634 2,634 Page 30 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 16 Incorne under lease arrangements Op*r•ting l••¥e Inrome Total fijture mlnlmum lease payments recelvable under Trjn-cancellable operatlThJ leases as ￿ssor are a5 follows: 2024 2023 Wlthln one year The tharty had an operatlng lease arrangement wlth a tenant In respett of a shop on the ground floor of its rreehold propettr. Thls proportlon of the property Is held on the balance sheet as Investrnent property and Incorne is recognLsed In the Ststement of Fln4nckl Artlvltyes as Investment Income. A rent revlew was carried out by the charity in the prior year and the annual rent was rev1$￿ to EIO,000 per annum. The lease ceased on June 2023. 17 Pen$lon other xheme• Dellned contrlbutlon penslon sch¢m• The charty operates a defined contribuDOtt penslon $¢heme. The penslon cost charge for the year represents contrlbutlon5 payable by the charity to the scheme and amountsd to £7.544 12023 - E6,343). 18 Charlty gtatu• The Chatlty Is a prtvate cornpany Ilmired by guarantee and consequentEy does not have share capltsl. Each of the twstees Is liable to contrlbute an arnount not extteding £10 toward5 the a55ets of the Charity In the event of liquldarton. The ChaHty Is 5ncorporated In England ané Wales. The address of Its reglstered office is: Maura Place 11 Market Aa Penzance England TR18 2JB Page 31 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 19 Contln9•nt aw•ts The Nadonal Lottery Communlty Fund srnnt Is multl-ye8r grant that provltles expendlture of the grant to be for fubjre perlods, The Income respect of future perfods has therefo￿ not been Included In the current year accounts. The grant 15 a 5-year grant to August 2026 to rece(ve the fdlowing per year £92,058. £83,170, £79.012. £75,061, £71.308. The Safer Cornwall Refuge & CYP projects are ¢overtd by a m¥ltI-year grant that provldes for the expendlture of the grant to be for future periods. The Income Sn respett of fuwre perfods has therefore not been Included In the ojrrent year accounts. The grant was a 3-year grint to March 2023 wlth a one-yezr extension grnnted, recelvSng around £300,000 per year in total. The Krefta proJett is a multl-year grant that provldes for the expendlture of the grant to be for future perlods. The Income In respert of fuojre perlods 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 gr6nt is a multi-year grant that provide5 for the e¥penditure of the grant to be for future pedods. The Income In respeLt of futu￿ pedods has therefore rnt been Included In the current year accounts. The grant Is a 3-year grnnt to May 2D24 to recelve the foljowlng per year É32,230, £32,668, £33,110. The Uoyds Bank Foundation for England and Wales Is è multl-year grant that provides for the expendlture of the grant to be for future perlods. The IrfDme in ￿pect of future perlods has therefore not been Induded In the ojrrent year accounts. The grant Is a 2-year grant to June 2024 to recelve £25.000 per year. The Masonlc Charltable Foundation is a multi-year gront Ihat provides for the expendlture of the grant to be for future periods. The income in respect of future perfod5 has therefore not been included In the currert year accounts. The grant 1$ 0 3-year grant to August 2026 to receive £18,QOO per year. Page 32 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 20 Fub)d• 8al•rKe at l Aprfl 2023 Bal*Ate •t 31 March 2024 In￿mIng Yesour¢es R¢sourfes •xpended Tr4nsleJ¥ Unresblcted fundB General General Fund 316.590 218.212 1222.445) 11,307 323,664 D•s19nat•d Building Reserwe 226 542 Total unrestriL*￿ funds 545 362 218 212 224 675 550 206 R•S￿rted t￿ndS Safer Comwall (prev. CSPD) Krefta Foundatlon BBC Chlldren In Need.. Outreachlchlldren Workers The Brook Tru# Safer Comwall CYP (prev. CSPD Children in Refuge) Volunteer Project.. Lottery Fund Grant The National Lottery Community Fund Uoyd5 Bank Foundation for England and Wales Blshops Fund ig Lottery Awards for All Grant C¥ledonia Ch)ritsble Trust The Morrlsons Foundation Ct7 Grants Asda Uulltles Grant Penzènce Coun¢ll SWPA Small Grant BolSngey Batbarlans Counsellor's Communty 76,229 12,666 303,514 83,D44 1311,0741 {77,162} 984 69,653 L8,548 1,679 33.162 9,000 (32.651} 19,0001 2,190 {984) 1,293 1671 11,2261 55,141 79,707 189,0991 45,749 11,272 470 (7,288) 3.984 (4701 3,429 5,224 13,126 490 16361 113,437) (5,784) 117,6701 IL,560) {2.9501 (2.793} 8,84B 635 7,342 fj,843 24,023 1,560 2.950 1,000 1.000 I,(N)o 1,000 720 7.500 720 7,500 st Aubyn Fgundawon Masonlc Charftable Foundauon SoEwfix Grnnt 10.455 16,750} 3,705 Total restrlcted funds 573 310 168 869 Total funds 727 365 789 695 719 075 Page 33 West Cornwall Women's Ald Notes to the Flnanclal Statements for the Year Ended 31 March 2024 There has been a fund transfer between the two Safer Cornwall funds, followino the renewal of tem)s. whlch represents the net book value of flxed assets purchased with the Safer Cornwall CYP funds. There were also transfetrs to the General Fund that were perniitted followln9 the end of spedfi¢ prolerts, for hich restrirted fundlng w05 provsded- these balances represented the net book value of fixed assets purchased wlth these funds but for which there is no longer an obllgatlon to repay. Page 34 West Cornwall Women's Aid Notes to the Flnanclal Statements for the Year Ended 31 March 2024 B#lan¢e at i Aprtj 2021 Balance Jt 31 March 2023 Incomlng resourcas expanded TraTr5fgV5 Vnr¢strfd¢d fvods G¢J¥•rnl General Fund 337,964 178,076 (192.3021 (7.146) 316,590 BulldlTh9 Reserve 223 787 228 772 Total unr¢•trlrt•d fvnO• 561751 178 076 194 53Z 67 545 362 Re$trirted Safer Comwall {prev. C5PDI Krefto Foundatlon BBC Chlldren in NeeL1.. Outreach/a)IId￿n Worke The Brook Trust Sofer ComwJll CYP (prev. CSPD Children In Refuge) Volunteer Project- Bi9 Lottery Fund Grant The National Lottery Community FuThd Uoyds Bank Foundation for England and Wales 815hops Fun Blg LDttery Awards for All Grant Caledonla Charltable Trust SV Gr)nts The Morrisons Foundatlon CCF Grants Trevl Sparks CovSd-19 Rellef Fund 25,619 268,704 54,407 (232,1651 {4L,741) 14,071 76,229 12,666 2,357 33.219 9,000 (33,8971 19,000) 1,679 29,841 35,011 (49,797} (14,071} 984 1,376 1831 1,293 52,192 99,802 {96,8531 55,141 3,977 206 27,250 500 (19,9551 11201 11,272 470 1116) 4.223 {794 {4101 112,226} 12.8741 16,8121 114,7091 3,429 5,224 5,634 11,496 16,000 6,045 14,709 681 49 13,126 490 1,257 T4)tal rnstrf¢t•d fvnds 121 729 531436 67 182 003 T¢btal fund8 725 968 727 365 Pa9e 35 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 The spedflc purposes for whlch the fvnds are to be applled are as follows: Llnrestrirted funds: These are funds that can be spent freely. The putpose gf the deslgnated resetves. as set by the Trustees, Is as folk)ws: The Buildlng Reserve Is to be held for use by the charfty. and Is wholly represented by Itxwj assets. Restrlcted funds: Safer Cornwall {prevlou51y CSPDI Is to cover refvge pr¢)vlslon, 5UPPOrt fvr women and ¢hlldren In the refvge, and re5etdement Costs. 8C Chlldren in Need has funded Children's Wtsrkers In Refuge, indudino outrtach. The Natyonal Lottery Communlty Fund grant has provhded funds for the Communlty Servlce5 ProJ•¢t- Helpline, OUt￿ath, Counselllng and Group Work. The Lloyds Bank Foundation for England and Wale5 hos provided funds fvr the charity'5 Dn9olng cgsts. The Krets Foundatlon has prgvlded funds for the admlnlstratlon of 'The Dome5Uc Abuse Outwch seN1￿., oiferlng support to people fleelng 00mes￿ abuse but who are unable to access speCial￿t safe accommodaUon for domest4c abuse. The ffjgrrlsons Foundatlon has funded creattng a hub for lool women and famllles. All other grants were glven for speafic acb"vities and ptDject5. Balanees were suftkient to enable exh fund to be applled In accordarKe wlth any restrfthons. Page 36 West Cornwall Women's Aid Notes to the Financial Statements for the Year Ended 31 March 2024 21 An•Wl* of net •M¢ts between lund$ T4rtal funds at 31 Mar¢h 2024 Unr•5tr1ded funds General Deslgnat•d Restrlrted funds Tan9lble flxed as$et$ F(xed asset Investmenrs Current assets Current Ilabllltles 26,429 99,327 127,215 56,409 182,165 137,215 473,IL6 323,969 149.147 Total net assets 168 869 719 075 Tolal fund* •t 31 Marth 202> UnrestricW fund¥ General D•519n•tod Re¥tri¢ted fvnds Tanglble flxed assets xed asset Investments Current assets Cvrrent Ilabilltles 19,864 101,557 127.215 59,592 IBI,033 127,215 501,820 328.799 173.021 Total net assets 316 590 228 772 182 003 7Z7 365 22 R¢l•t¢d p•rty tr•n$•¢tlons Lizzie Matthews, the CEO and company setretary, hod travelllng expenses of £NII {2023: £211 relmbursed In the year. No balince was owlng as at the year-end. The a99￿98￿ amount of donatsons re¢elv¢d w6thout cond5ttons frorn trustees wa5 £NII {2023.. £4701. CtsnlJollirtg •ntity The cha￿ty Is conirolled by the Trustees who are all Dlrectws of the company, Page 37