WEST LANCASHIRE WOMEN'S REFUGE LIMITED (A company limited by guarantee) REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IIqARCH 2024 Registered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Contents Page Legal and adminlstrative information Trnstses Report and Statement of Trustees Responsibilities Independent Examiners Report 10 Statement of Financial Activities 11 Balance Sheet 12-13 Cash Flow Statement 14 Notes forming part of the financial statements 15-29 Registered comp(my number.. _ 04824324 (England and Wales) Re'stered charity number." _ 1101025
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Legal and administrative information Dtreetors and Trustees Mrs E Crossley- Chairperson Mr R F H Minto - Treasurer Mrs K M Phillips Mrs G Binns (ReSied 2810712023) Miss L Larsen (Resigned 29102/2024) Chief Officer Miss L Larsen (Appointed 0110312024) Working name The Libety Centre Company registration number 04824324 (England and Wales) Charity registratlon number 1101025 Regtstered office and princlpal ebarity address 132 Sandy Lane Skelmersdale Lancashire WN8 8LH Illdependent Examiner Mr C Sawyer FCCA Sawyer Quine & Co Chartered Certified Accountants 202 Merlin Park Ringtail Road Burscougb Onnskirk Lancashire L40 8JY Bankers The Royal Bank of Scotland plc DnuOnd House (FF) Branch Customer Service Centre Drun]mond House l ReughS Avenue Edinburgh EH12 9JN Registered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025
WEST LANCASHIRE WOMENYS REFUGE LIMITED Trustees Report for the year ended 31 March 2024 The Trustees are pleased to present their annual report together with the financial statements of the chitable C4)mpany for the year ended 31 March 2024. Legal and administrativ¢ inforniation set out on page I forn]s part of this reporL The financial statements comply with current statutory requirements, the Memordndum and Articles of Association of the charitable company and the Statement of Rornmended Practice- Accounting and Reporting by Charities. Governance structhre Governing document The organisation is a charitable company limited by guarantee, incorporated on 7 July 2003 and registered as a charity on 4 December 2003. The company is established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association; both dated 7 July 2003. as amended by Special Rcsolution dated 19 November 2003. 6 October 2005. 1 l November 2009 and 19 August 2014. In the event of th¢ charitable company being wound up the TrUstS are required to contribute an amount not exceeding £1 0.00. Appoinlment of Trustees The Directors of the charitsbl¢ company are its Trustees for the pury)ose of charity law and throughout this report ar¢ collectively referred to as Trustees. Trustees who served during the year and up to the date of this report are detailed on page I, legal and administrative infoTmation. Recruitment takes place both with targeted advertising and n¢tworking. Skills audits are Lx)nducted to identify the target population for recruitsnenL in order to ensure equality and a mixture of the necessary skills to govern th¢ charitable wmpany. In the event of any vacancies new Trustees are elect from the membership of the charitable company at each Annual Meeting. Before standing for election anybody wishing to become a Trustee is interviewed by the Chairperson and the Chief Officer to lsure their suitability. UFx)n appointsnent all new Trustees must provide appropriat¢ identification and sign on to beeAmie a company Director. Trustees must declare any conflicts of interest and are subject to Crimi record checks. All TrUstS ate required to serve for a period of thffe years before either retiring or Off]I]g themselves for re-election to the Board. Trustee induclion and training New Trustees are Support tbrough an induction proc&8s, they are provided with a substantial amount of written nterIal to review, including a review of the Memorandum and Articles of Association and both financial and fimding overviews. Each Tnjstee is issued with a Trnstee Induction Pack that contsins among other infOrn]ati0 guidance on Trustee responsibilities, role desLYiptions. organisational structu, a copy of the Memorandum and Articles of Association and appropriate literatur¢ for Trust¢¢s as published by the Charity Con]mission. All Truste are en£x)uraged to participate in training and developmen( which enhances their understanding and capabiliti¢s in their rol¢ as a Trustee. This may tak¢ the fonn of inforn]al training, Registered company number.. _ 04824324 (England and Fyales) Registered charity number.. _ 1101025
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Trustees Report for the year ended 31 March 2024 Governance structure (contlnued) Tntee induction and training (continued) through discussion with the Chief Officer, other members of staff and other Trustees. The organisation regularly receives infonnation about external training courses arrangeAI by a variety of organisations and details of these are kept in the Chief Officer's office. The Chief Officer may advise Trustees of particularly relevant courses at Board meetings, for example those which cover new or significantly changed areas of responsibility. B0ardfvt10nZng The Board of Trustees meets every other month or as needeAI throughout each financial year. LX)mprises of up to seven elected rncmbers with voting rights and up to seven nominated members without voting rights. In addition to the full CA)mmittee, the Board may set up sub-conunittees for specific purposes, such as a Finance Sub-committee. The full Board of Trustees will r¢view the role and function of these sub-eA)mmittees from time to time. At the beginning of every meeting all Trustees and representatives are reminded of their obligation to declare an interest in any item an(L if necessary, withdraw from further discussion and decision-making on that subj¢d. D¢cisions with implications for the organisation are brougbt to the Board by the Chief Officer, including organisational priorities, risk assessment issues, matters regarding Si11ficant organisational change, rnajor initiatives and major policy changes or development. Membership Membership crit¢ria have been set by the Board in keeping with the Articles of Association and the spirit of the charitable company's work. Any interested paty can become a member. When an organisation applies for membership they are required to provide an outline of their aims and activities. membership would only be deni if the group did not support the aims of the clwitable company and were patently involved in illegal or overtly political activity. Membership of the charitsble company is free. All members have voting rights at Amiual and other general membership meetings. Risk management The Trustees have examined the major strategic, busIneS and operational risks which the charitable company may face and confirn] that systems have been established to enable regular reports to b¢ produced so that the necessary steps can be taken to lessen these risks. Organisational structure Overall Mponsibility for policy and th¢ direction of the charitable company rests with the Board of Trustees. The Trustees have employed a Chief Officer and a team of staff to cany out the day-to-day activities of the Registered company number.. _ 04824324 (England and Wales) ReStered charity number." _ 1101025
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Trustees Report for the year ended 31 March 2024 Governance structure (continued) Organigational structure (continued) charitable Lrnpany. To manage the charitable company effectively the Chief Officer has delegated authority for all operational, financial and human resource matters. Decision5 on the day-to-day operation of the chatitable company are taken by the Chief Officer. The Chief Officer is responsible to ensure that strategic and operational requirements and objectives are met and provides all operational and personnel management. All remaining staff members are employed at the refuge to help and to support and to offer advice and Anforniation to maltreated women and their cbildren either staying at or who contact the refuge. Objectives and activities The key objectives and activities of the Chitable company arc to relieve the distress and suffoing by.. - (i) Providing support for those wornen who hav¢ b¢cn victims or are likely to be victims of violenc¢. including those who havc suffered or are likely to suffer physical. ¢motional, sexual, financial hami or abuse. Providing support for those men who have been victims or are likely to be victims of violen¢¢. including those who have suffered or are likely to suffer physical, emotional, scxual, financial harni or abuse. (iii) Providing support for those children who have been victims or who ar¢ likely to be victims of violenc¢, including those who have suffered or are likely to suffer physical, emotional, sexual harni or abuse. (iv) Providing hostel accommodation only to such women and their children and by any other such means as shall fiwther the objects of the ch&itable company. (v) Assisting and encouraging such women and their children to identify their futur¢ needs, aspirations and intentions and to provide support. and (vi) The Libety Centre will work with those people identified above including vulnerable farnilies, empowering the lives of women, men and children to build confidence, self-esteem to improve and change their lives. (li) Publie benefit The Trustees have Consider the Charity Commission guidance regarding public benefit and are content that the charitable CA)mpany has met the requirements as a result of the objectives and activities described above. Volunteers West Lancashire Women's Refug¢ Limited depends considerdbly on volunt¢¢rs in helping the charitable company mect its objectives and to carry out its activities. Volunteers are supported by staff, with trainin& meetings and discussions held locally. Our thanks as always are given to all our volunteers who so freely giv¢ their time to enhance the work of West Lancashire Women's Refuge Limited. Re'stered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025
WEST LANCASHtRE WOMEN'S REFUGE LIMITED Trustees Report for the year ended 31 March 2024 Achievements and perforniance This year presented a range of interesting and successful challenges for The Libety Centre. This report looks at our services, our organisation and reflects on our targets for the year and outlines opw)rtunities for 2024- 2025. This report outlines in considerable ddail the finances of the organisation and the opinion of our examiners. The Board have continued with support to projecty in addition to those with aCed funding sources and this is reflected in th¢ financial section of this rqrt. We would Iike to thank all our funders, for recognising the importance of the services we provide, enabling us to continue delivering high quality services, benefitting service users, their families and the wider )rnmunity.
Services Suecessfulprovision W¢ a happy to confirn] that all our services ntInued to b¢ made available and were well utilised during the year: . Safe AceAJmmodation - Refuge and Eleanor House ('Move on house,). Men's Outreach; Women's Outreach; Inforniation Centr¢; Counselling. Group work. 24- hour Helpline. and Healthy Relationships Project. Changes Funding nY be given to deliver specific projects which are time limiteAI. Unfortunately> one of our projects came to an end in March 2024. The Lloyds Foundation helped us develop our Board, management structures and detem)ine a new Business Plan. Legaey All continuing projects are being &ssessed with future funding strategies being investigated. The Lloyds legacy has helped us re{x)lSe a new understanding of the organisation and develop a robust and hallenging business plan. organisln The Board The Board continued to meet using both traditional and Teams meetings. The Board chang¢d from five Directors to thre¢ during the year following the appointment of Lisa Larsen to the Chief Officer post and ReStered company number." _ 04824324 (England and Fvales) Restered charity number.. _ 1101025
WEST LANCASHtRE WOMEN'S REFUGE LIIIUTED Trustees Report for the year ended 31 March 2024 Achlevements and perforniance (conthiued) The Board (continued) the rIgnatIOn of Gillian Binns Recruitment initiatives are continuing to further strengthen the Board. Our c¢ntrat office had major changes with the departure of our acting Cl]ief Officer, acting Business Manager and Financial Controller. We would like to thank all our staff who have ensured the continued availability of the service and th¢ir Supp in introducing our revised management TangeMents.
Our Objeclives 2023 - 2024 As a Board we set the following challenges for the year. - Review financial and organisational policies, significant progress has been made" To finalise funding and legal requirements for the Moving on project, Eleanor House, discussions are ongoing. To review th¢ Refuge Manager role, this is being finalised in the new management arrangements. To dClop new funding streams, this has been significantly affected by staffing chang. and Board recruitmen¢ this is an ongoing objective. Comments Feedback from our weekly wup for women has b¢en positive: . The wup setting is welcome and friendly: I enjoy topics we discuss and activities we do; Staff are supportive and make m¢ feel involved. I enjoy LY)ming along to the groups. This session had a positive impact on me" I find the sessions usefid. You get to socialise with other women, where you can talk freely and honestly; and It gets me out of the house. We have consulted with service users about our group wod( and will look at future delivery. Conclusion From a successful, if challenging, year we retain a finn belief in the value of our services, a detennination to respond to the support of our funders, continuing to maintain stringent financial and quality oversight with an ongoing programme to develop new opportunity to increase our services. Re'stered company number." _ 04824324 (England and Wales) Regtered charity number." _ 1101025
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Trustees Report for the year ended 31 March 2024 Investment powers Under the Memorandum and Articles of Association, the charitabl¢.LYJmpany has the power to make any investment, using the unrestricted"general fund4 which the Trustees see fit. Financi81 revfiew The principal funding sources for the charitable company are currently by way of grant and contract income from The Big Lottery, John Moores Foundation, Lancashire County Council, Lloyds Bank Foundation, Safenet Domestic Abuse Services and West Lancashire Borough Council. Funding was also received from Supporting People contract income, all from IAncashire County Council. together with Housing Benefit from West Lancashire Borough Council to (x)ver thc costs of the people staying at the refuge. The TnEStees would like to presS their thanks to these bodies for their support during the financial year and also for their eA)ntinuing support. However, as a result of increasing constraints on local authority expenditur¢ the Trustees realise that for the charitable company to continue in operation it &qnnot b¢ solely dependent on funding from the local authorities, and that the charitable company has to seek funding from a much broader of agencies. The expenditure in th¢ Y supported the key charitable objectives by enabling the r¢fuge to provide safe and Mfortable crisis accommodation to women and their children and the support and resource they need to make independent decisions about their future. The results for the year are shown in the Statement of Financial Activities on page I l. The charitable company's Balance Sheet as detailed on pages 12 and 13 shows a satisfactory position with net assets amounting to £312,324. This consists of restricted funds of £18,781 relating to specific projects, designateAI funds of £125,655 for specific future purposes as set aside by the Trustees out of unrestricted general funds and unrestricted general funds of £167,888 for the day-to-day general running of the charitable company. Reserves po]icy The Trustees consider it prudent to attempt to Maintai as a n]inimum, unrestricted general funds (that is those fLmds not tied up as designated and restrictcd funds) at a level that equates to approximately twelve months expenditure. At this level the Trustees feel that they would be able to continue the current activities of the charitable company in the event of a significant drop in fundin& and that this would prnvide them with sufficient funds to Ver management and adMiatiOn costs to rwond to emergency applications for grants. At presen¢ unrestricted general funds. which arnount to £167.888 as at 31 March 2024, do not reach this tsrg¢t Icvel. It is the Trustees policy, therefore. to build up funds to twelve months by means of annual surpluses and, Registered company number.. _ 04824324 (England and Wales) Re'stered charity number.. _ 1101025
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Trnstees Report for the year ended 31 March 2024 Reserves policy (conthiued) also. by adopting and nIn1nIng a vigorous fun&aising, publicity and mark¢ting campaign to prornote the objectives and activities of the charitablc company. The Tnee8 consider that the ongoing upkeep and refurbisl)ment of both the exterior and int¢rior of the three properties used by the ckntable company to provide aco)mmodation is of major importance. In view of this th¢ Trustees feel that it is prudent to create and maintain a designated fund to cover these ongoing cA)sts; the Trustees consider that £20,000 would be sufficient and that this fund should be maintained at this level at the end of each year. Th¢ Tnlstees also consider that it is of paramount importance that the walk-in inforniation centr¢ based in Orniskirk remains open even though no funding is currently being received to support this project. In vi¢w of this the Trustees consider that it is prudent to create a desiat¢d fund which identifies the costs of the charitable eA)mpany which r¢late to the walk-in infonnation centre. The Trustees hav¢ also desIated £105,655. this fund identifies those funds that are not free funds as they repr¢s¢nt the net book value of tangible fixe(i assets funded from general fLmds. These policies are to be reviewed amiually. Future developments
Opportunities for 2024 - 2025 From our Strat¢gi¢ Plan we have identified over twenty-nine opportunities of which nin¢ be thought of &s shorter terni. To reflect changes and the sheer task involved we will initially focus on six areas. These are: _ Obtaining quality assurance accreditation for our servicas; Creating b¢tt¢r links between our services; R¢s¢arching the need and potential of a children's service" Review our management and systems to ensure that they are robust; Ensure that our systems meet legal rquirements; and Build a 'one team, culture that is collaborative and flexible. Statement of Trustees Responsibilities The Trustees, who are also the Directors of West Lanc&shire Women's Refuge Limited for the purposes of company law. are responsible for preparing the Trustees Report and the financial stat¢ments in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). ReStered company number.. _ 04824324 (England and Fyales) RegEstered charity number." _ 1101025
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Trustees Report for the year ended 31 March 2024 Statement of Trustees Responsibilities (continued) Company and charity law requires the Trustees to prq)are financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incorning resourc and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these fmancial statement4 the Trustees are rquired to: _ Select suitable accounting policies and then apply them wnsistently. Observe the methods and principles in th¢ Clwities SORP. Mak¢ judgements and ¢stimat¢s that are reasonable and prudent; State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial stat¢ments' and Prepare the fmancial stat¢ments on th¢ going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for maintaining adequate accounting records which disclose with r¢asonablc 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. The Truste¢s ar¢ also responsible for safeguarding the assets of the charitable company and hence for taking reasonable stq)s for the prevention and detection of fraud and other irregularities. Independent Examiner Mr C Sawyer FCCA of Sawyer Quine & Co, Chartered Certified Accountants, has offered hin]self for r¢- appointment as Independent Examiner to the charitable company. This report has been prepared in accordance with the sp¢cial provisions of Part 15 of the Companies Act 2006 relating to small companies. ON BEHALF OF THE BOARD: _ Mrs E Crossley Chair erson Date: _ 19 Decemb¢r 2024 Registered company number.. _ 04824324 (England and Fvales) Registered charity number." _ 1101025
WEST LANCASHtRE WOMEN?S REFUGE LIMITED Independent Examiners Report to the Trustees of West Lancashire Women's Refuge Lfimited I report to the charity Trustees on my examination of the financial statements of the charitable eJ)mpany for the year ended 31 Marth 2024, which aTe set out on pages I I to .29. Re5ponsibilitses and basis of report As the charity's Trustees of the charitable company (and also its Directors for the pUrpoS of company law) you are responsible for the prq)aration of the financial statements in accordance with the requiren]ents of the Companies Act 2006 ('the 2006 Act.). Having satisfied myself that the accounts of the charitable company are not requir&1 to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my examination I have followed the Directions given by the Clwity Con]mission under section 145(5)(b) of the 2011 ACL Independent Eraminer's Report Since th¢ charitable company's income exceeded £250,000 your examiner must be a member of a body listed in seetion 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered C¢rtified Accountants which is one of the list¢d bodies. I have completed my examination, I confirni that no matters have come to my attention in connection with the examination giving me cause to believe: _ (l) Accounting records were not kept in respect of th¢ company as rquired by section 386 of the 2006 (2) The accounts do not accord with the accounting records. or (3) The accounts do not comply with th¢ accountitig requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. or (4) The accounts have not been prq)ared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to chltieS preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reach. Mr C Saivyer FCCA Sawyer Quine & Co Chartered Certified Accountants 202 Merlin Park Ringtail Road Burscough Orn]skirk Lancashir¢ L40 8JY fcco Date: _ 19 December 2024 Registered company number.. _ 04824324 (England and Iyales) Registered charity number.. _ 1101025 10
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Statement of Financlal Aetivities (including Income and Expendfiture Account) for the year ended 31 March 2024 Total funds . 2024 Total funds 2023 Restrlcted restricted funds funds Income and expenditure Nots Income Donations Income from charitable activities: _ - Grants and contracts for the provision of hostel accommodation, care, advice and infonnation - Residents fees for hostel accommodation and &8re Inc4)me from investments: _ - Interest receivable on bank deposits 22,004 22,004 10,376 259,181 36,025 295.206 584,506 266,248 266,248 229,778 Total income 259 181 327 939 Expenditure Expenditure on charitable activities 266 590 619 499 Total expenditure 266 590 352 909 619 499 743 093 Net (outgoingyincoming resources, net (expendltureylneome and net movement in funds for the year (7,409) (24,970) (32J79) 82,952 Reconciliation of funds Totsl funds at l April 2023 16 318 513 261751 Total funds at 31 March 2024 16 The Statement of Financial Activities contains all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The accompanying accounting policies and notes forni an integral part of these financial statements. Restered company number.. . 04824324 (England and Wales) Registered charity nupnber." _ 1101025 11
WEST LANCASlItRE WOMEN'S REFUGE LIMITED Balance Sheet as at 31 March 2024 Note 2024 2023 Flxed assets Tangible assets 10 105,655 105,655 Current assets Debtors Cash at bauk and in hand 11 20,639 253 357 273 996 15,589 316 563 332 152 Creditors: . amounts falling due within one year 12 Net current assets 206 669 Net assets 17 Funds Restricted funds Unrestricted funds Designat funds General funds 16 18,781 26,190 16 16 125,655 167 888 125,655 192858 293 543 318 513 Total funds 1S16 For the year in qu¢stion, the chitable company was entitled to ex¢mption frorn an audit under section 477 of the Companies Act 2006. The rnembers have not required th¢ charitable company to obtain an audit of its accounts for the year in question in acc4)rdance with section 476 of the Act. The TrnSteeSircCtorS acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of the accounts. Registered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025 12
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Balance Sheet as at 31 March 2024 Approved by the Board of Directors on 19 December 2024 and Sied on their behalf. ON BEHALF OF THE BOARD: _ MrRFHMfinto Treasurer Registered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025 13
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Cash Flow Statement for the year ended 31 March 2024 Note 2024 2023 Cash flows from operating actlvities Operating (loss)/profit for th¢ fmancial year 15 (32,379) 82.952 Adjustments for: . - Inter¢st received - (Increase) in trade and other r¢ceivables - (Decrease) in trade and other payablcs (3,662) (5,050) (1,385) (5,688) 155 796 11 12 Net cash from operating activities 162 869 Cash flows from investing activitles Interest rrf¢iveAI Net cash from investlng activitles Net (decrease) in cash and cash equivalents (63206) (78532) Cash and cash equivalents at the beginning of the year 316 563 395 095 Cash and eash equivalents at the end of the year Analysis of clwiges in net debt At l April 2023 Casbflow At 31 March 2024 Cash at bank and in hand Re"s¢ered company number." _ 04824324 (England and Wales) Restered charity number.. _ 1101025 14
WEST LANCASHIRE WOMEN'S REFUGE LIMTTED Notes forming part of the financlal statements for the year ended 31 March 2024 Stathtory Inforniation West Lancashire Women's Refuge Lirnited is a charitabl¢ company limited by guarantce, registered in England and Wales. The ¢l]aritsble company's registered number and registered office address can be found on page I, legal and administrative inforniatioJL The presentation currency of the financial statements is thc Pound Sterling (£). Aecounthig policies Basls of preparation of accounts The financial statements have been preparcd under the historical Cost convention with items reco)ised at cost or transaction value unless otherwise stated in the rel¢vant note to these financial stat¢ments. The financial statements have been prepared in aceA)rdanc¢ with the Statement of RernMended Practice - Accounting and Reporting by chariti preparing their financial statements in a¢Lx)rdance with the Financial ReEx)rting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 102) (Effective l January 2015) and the Financial Reporting Standard applicable in the Unit¢d Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011, th¢ Companies Act 2(6 and applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below. The charity constitutes a public benefit entity as defined by FRS 102. The Trnstees consid¢r that there are no material uncertainties about the charitable company's ability to continue as a going eA)ncern. Income recognldon All incoming resources are included in the Statement of Financial Activities when the chitable company is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific polici¢s are applied to particular categori¢s of income". - Voluntary income is receiv by way of donations and is Includ in fidl in the Statement of Financial Activities when receivable. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. Income from r¢sidents fees is credited to the Statement of Financial Activities in the year in which they are receivable; Deferred income represents antS and funding received for future periods and is released to incoming resources in the period for which it has been received. and Investment income, comprising of interest on bank deposits, is a¢Unted for on a re1Vable basis. Registered company number.. _ 04824324 (England and Wal) Registered charity number.. _ 1101025 15
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Notes forming part of the fanCIal statements for the year ended 31 March 2024 Aecounthig polic]ies (continued) Expendlture recognition Expenditure is recognised on an accn]als basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is report as part of the exp¢nditure to which it relates. All LX)sts are allocated between thc pendIture categories of the Statement of Financial Activities on a basis designed to reflect the use of the r¢source. Costs relating to a particular activity are allocated directly; others are apportioned on an appropriate basis. These estimates are based on staff timc. Operating leases Rentsls payable under operating leas¢s are charged to the Statement of Financial Activities as incurred over the terni of the lease. Tangible f]xed assets and depreciation Apart from land and buildings, all fixed ass¢ts for use by the charitable company are fully written off to resources expended in the year of purchase. Land and buildings are capitalised at cost, including any incidental expenses of acquisition. It is the charitable company's policy to ensure that its land and buildings are maintained to a high standard by an ongoing maintenance pmgramme, ¢nsuring that estimated residual value exceeds net book amounts. As a LX)nsequence any ¢lement of depreciation would, in the opinion of the Trustees, b¢ immaterial. No provision for deprlation of land and buildings has therefore been included in the accounts. Fund aecountlng Funds held by th¢ charitable Lx)mpany are either. - Restrictedfunds - thes¢ are funds that can only be used for particular restrACted purposes within the objects of the charitable company. Restrictions arise when specified by th¢ donor or when fLmds are raised for particular restricted puryoses; Designatedfunds - these are funds set aside by the Trustees out of unrestrict¢d general funds for specific future purposes or projects; and Unrestricted generalfunds - these are f(mds which can be used in accordance with the Chitable objects at the discretion of th¢ Tntees. Furth¢r explanation of the natLJre and pUOSe of each fund is included in the notcs to the fmancial statements. ReStered company number.. _ 04824324 (England and Wales) Rewtered charity number.. _ 1101025 16
WEST LANCASIIIRE WOMEN'S REFUGE LIMITED Notes forming part of the financial ststements for the year ended 31 March 2024 Aeeountlng pollcies (conthiued) Pension c.osts. The clwitable company operates a defined contribution pension scheme. Contributions payable for the year are charged in the Ststement of Financial Activities. Income from dollatlons Total funds 2024 Total funds 2023 Restricted restricted funds funds Donations - Individuals and organisations Registered company number.. _ 04824324 (England and Wales) Regi3tered charity number." _ 1101025 17
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Notes forming part of the financial statements for the year ended 31 March 2024 Income from charitable actlvities Total funds 2024 Total funds 2023 Restricted restricted funds funds Grants and contracts for the provislon of hostel accommodatio car4 advice and information: _ The Albert Hunt Trust BBC Children in Need The Big Lottery The Clothworkers Council for Voluntary Service West Lancashir¢ Jol]n Moores Foundation Lancashire Community Foundation Lancashire Contract Management Fund Lancashire County Council Lidl Community Fund Lloyds Bank Foundation Ministy of Housing, Communities and Local Government The Morrisons Foundation Nationwide Charities Trust Police and Crime Commi&sioner Fund Safenet Domestic Abuse Services Sainsbury's Helping Everyone Eat Better The Toy Trust West Lanvashire Borough Council West Lancashire Borough Council Household Support i 0.000 44,155 136,668 30,000 1,700 10,000 78 2,397 157,528 5,000 52,250 150.014 150,014 6,667 6,667 112,413 112,413 25,000 25,000 45,000 24.800 30,960 8.344 75,378 1,5(K) 1,500 11,230 34,758 34,758 4,358 4,358 297,185 36,025 333,210 Less: Def¢rred income 653,488 Registered company number." _ 04824324 (England and Wales) Registered charity number." _ 1101025 18
WEST LANCASHIRE WOMEN)S REFUGE LIMITED Notes forming part of the fanCial statements for the year ended 31 March 2024. Income from charitable activities (continued) Total funds 2024 Total funds 2023 Restrieted restrlcted funds Residents fees for hostel accommodation and care: _ Housing Benefit Residents service charges Supporting People contract income 168,159 7,901 168,159 7,901 158202 5,018 266,248 266.248 Les5: Defeffed inrA)me 230,143 365 Registered company number.. _ 04824324 (England and Wales) Registered charity number." _ 1101025 19
WEST LANCASIIIRE WOMENgS REFUGE LIMITED Notes forming part of the financial statements for.the year ended 31 March 2024 Expendfithre on charltable aetivities Total funds 2024 Total fimds 2023 Restrieted restrieted funds funds Provision of hostel acconunodation, care, advice and information: . Staff salaries and costs Staff travel expellS Rent Rates (including water) Heat and ligbt Insurance Tel¢vision costs Telephones and internet costs Printin& postage and stationery Advertising Computer and office equipment Client and children's activities and welfare Room bire Sundry expenses Repairs, renewals and refurbisl]ment Cleaning and waste disposal costs Training and seminars Counselling costs Course delivery and raising awareness Staff wellbeing event Volunteer expenses Subscriptions and donations 228,551 1,676 6,078 170,353 202 31.515 6,834 40,145 6,161 53 5,650 4,638 398,904 1,878 37,593 6.834 40,145 6.161 53 6,850 5,130 359 28,432 19,096 390.188 3,022 42,006 3,982 18,990 5,908 477 1,200 492 359 3,764 401 4,926 229 48,099 15,960 162 8223 138,956 4,041 4,025 4,800 24,668 18,695 152 13,413 2,173 2,325 13,413 3,597 8,890 6,430 332 3,597 8,080 6,430 332 810 700 681 240 257 136 332 793 589 929 704 055 Registered company number." _ 04824324 (England and IYaleJ) Registered charity number.. _ 1101025 20
WEST LANCASHtRE WOMEN'S REFUGE LIMITED Notes forming part of the financial statemellts for the year ellded 31 March 2024 Expenditure on charitable activltles (continued) Total funds 2024 TotAI funds 2023 Restricted restrIcted funds funds Managlng and admlnistering the charity: _ Staff salaries and costs Staff travel expenses Accountancy fees Bookkeeping fe¢s Professional and legal fees Staff pension charges Bank charges Credit card charges Bank loan interest 7.766 88 2(Kl 1,400 8,966 16,732 99 2,640 1,400 7,680 518 441 60 20,536 159 2,640 2,440 7,680 518 441 60 15,435 518 (301) 30 21 Total expenditure on charitable activltfies Net movement In funds The net movement in fLmds for the y¢ar is stated after tharging.. - 2024 2023 Directors emoluments and other benefits etc (Note 7.0) Staff salaries and costs (Note 7.0) Accountancy fees Independent examination Other services Hir¢ of land and buildings 415,636 410,724 2,640 720 37,593 2,640 540 42,006 Registered company number." _ 04824324 (England and Wales) Registered charity number." _ 1101025 21
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Notes forming part of the financial statements for the year ended 31 March 2024 7.0 Staff costs and numbers The stsff costs during the year were as follows.. - 2024 2023 Staff salaries Social security cA)sts Staff pensions 383,763 24,805 379,616 24,218 No employee received emoluments. as defined for taxation pury)oses, amounting to more than £60,000 in either period. The average number of full-time equivalent employees employeAI by the charitable company during the year was up as follows.. - 2024 2023 Hostel acwmmodation and care Advice and infonnation Management and administration 14 15 Related party transaetions and Trustees, remuneration and expenses The Trustees all give freely their tim¢ and expertise and did not receÉve any fonn of remuneration or other benefit in cash or kin4 nor reimbursed expenses in either period. Taxation West Lancashire Women's Refuge Limited has charitable status, registered number 1101025, and is not subject to taxation by HM Revenue and Customs. Re'stered company number." _ 04824324 (England and Wales) Registered charity number.. _ IJ01025 22
WEST LANCASHIRE WOMEN'S REFUGE Lll[TED Notes forming part of the financial statements for the year ended 31 March 2024 l 0.0 Tangfble fixed assets Land buildings Total Cost As at l April 2023 and as at 31 March 2024 105 655 105 655 Net book value As at 31 March 2024 As at 31 March 2023 The charitable company had capital commitments at 31 Marth 2024 amounting to £Nil (2023: _ £Nil). I 1.0 Debtors 2024 2023 Other debtors Prepayments 18,019 13,004 12.0 Creditors: _ amounts falling due within one year 2024 2023 Other creditors Other taxes and PAYE Accru¢d expenses Deferred income (Note 13.0) 13,870 5.459 9,994 10,194 6.212 7,351 Re'Stered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025 23
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Notes fornjing part of the financlal statements for the year ended 31 March 2024 13.0 Deferred income 2024 2023 Balance at l April 2023 Amount defeed in year Released to Statement of Financial Activities 69,347 38,004 221.596 69,347 221596 Balance at 31 March 2024 Deferred income Lx)mprises funding which the donor has spccifie41 must be used in future accounting periods. 14.0 Legal staths of the charitsble company The charitsble company is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £10.00. 15.0 Reserves Total funds 2024 Total funds 2023 Balance at l April 2023 Net (outgoing)/incoming r¢sources for th¢ year 344,703 261,751 Balance at 31 March 2024 Registered company number." _ 04824324 (England and Wales) Registered charity number." _ 1101025 24
WEST LANCASHlllE WOMEN'S REFUGE LIMITED Notes forming part of the financial statements for the year ended 31 March 2024 16.0 Statement of funds Analysis of movements fin fimds - current year At l April 2023 Incomlng Outgoing Transfers At 31 March 2024 Restricted funds 161 Adaption andRefvge Refvrbighmentfvld Big Lotteryfynd Client Welfare and Supportfv Healthy RelatiokIPsfynd Ouireach Fvorkerfynd Staffsalariesfvnd 26,190 (12,613) 112246 (107,042) 368 (368) 5,812 (5,812) 28,710 (28,710) 13,577 5,204 Total restricted funds 259 181 266 590 Designated funds Fixed Assetsfynd Infomation Centrefynd Refvrbishmentfv General funds 105,655 105,655 (21,840) 21,840 20,000 192 858 20,(M)O 167 888 327 939 Total unrestricted funds 318 513 327 939 352 909 293 Total funds Registered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025 25
WEST LANCASHtRE WOMEN'S REFUGE LIMITED Notes forming part of the financial statements for the year ended 31 March 2024 16.0 Statement of funds (continued) Analysls of movements in funds - prevlous year At l Aprll 2022 Incoming Outgoing Transfers At 31 March 2023 Restricted funds 161 Adaption and Refvge Refyrbishmentfynd BigLotseryfynd Children's Activities and Toyfynd Children and Young People's Advocatefvnd Client Iyelfare and Supportfynd Complex Needsfynd Counselling Programmefvnd Garden Refvrhhrnentfynd Healthy Eatingfynd Healthy Relationshipsfyyk4 Houyehold Supportfynd Outreach Workerfvnd Sofe Housefynd SiaffSalariesfyF 161,510 (135.320) 99,957 (102,325) 1,500 (1,615) 26,190 2,368 115 6,244 44,155 4,900 71,746 8,344 78 1,500 26,084 12,054 37.003 936 (50,399) (4,900) (71,746) (8,344) (78) (1,500) (26,084) (12,054) (37,003) (936) Total restrleted funds 520 401 115 Deslgnated funds FiredAssetsfynd Inforniation Centrefynd Refyrbishmentfynd General funds 105,655 105,655 (19,727) 19,727 (9,33 8) 9,338 20,000 193 627 288 181 192 858 20,000 127 484 Total unrestricted funds 253 139 288 181 222 692 11 318 513 Total funds 161 Adaption and Refvge Refurblshment fund - This represents funding received from The Albert Hunt Trust, The Clothwork¢rs, Lancashire County Council, Lidl Community Fund, Ministy of Housing, Communities and Local Governm¢nL The Morrisons Foundation and Nationwide Charities Trust. Funding has been US to allow work on refurbishing th¢ propety ownol by the charitable company and to convert this into a 'halfway house,, therefore allowing the Chlble Registered company number.. _ 04824324 (England and Wales) Registered charity number." _ 1101025 26
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Notes forming part of the financial statements for the year ended 31 March 2024 16.0 Statement of funds (continued) rA)mpany to offer morc supported accommodation to families staying at the refuge. In additio funding has been used to refurbish the properties used by the charitable rnpanY to provide safe and secure refug¢ for women and their children seeking refuge and support. The balan¢¢ on the fund will be used to fund future refijrbishment works. Big Lottery fund - This repr¢s¢nts funding received from the Big Lottery to fLmd the 'West Lancashire Domestic Abuse Service funding has been used to fund staff salaries and associated costs together with related running LM)Sts. The balance on the fund will be used to fund the futur¢ costs of the projecL Client Welfare and Support fund - This repres¢nts funding received from Lancashire County Council. funding has been used for the purchase of groceries and food vouchers and othw day-tO- day neK8sities to help and provide support for women and their children staying at the refuge. Healthy Relats'onships fvnd - This represents funding recelved from Safenet Domestic Abuse Services" funding has been used to fund staff salaries and &ssociated costs togeth¢r with related running costs. Working with local schools thts has added to the provision of services to children and young people whilst raisAng awareness of the many aspects of domestic abuse. Outreach Workerfund- This represents funding r¢ceived from Safenet Domestic Abuse Services. funding has been used to fimd stsff salaries and associat costs together with related nllll]ing eAPSts and to provide specialist ServIL to victims of domestic abuse in the community. Staff Salarlesfund - This represents funding received from Lancashire County Council. funding has been useAI to fund staff salaries and associat¢d costs. Fired assetsfund- This fund identifies those funds that are not free funds as th¢y represent the net book value of tangibl¢ fixed assets funded from gffleral funds. Inform¢th'on Centrefund- The Trustees consider that it is of paramount importance that the walk- in infornution centre based in Orn]skirk remains open even thougb no funding is currently being received to support this projecL This fund identifi¢s the costs of the charitable company which relate to the walk-in centre. The deficlt incurred on this fimd has been transf¢rred to unrestricted general funds at the year end. Refurbishment fund - The Tn]stees consider that the ongoing and long-terni upkeep and refiwbishment of both the exterior and interior of th¢ three properties used by the charitsble company to provide accomrnodation is of major importance. In view of this the Trust¢es feel that it is prudent to create a designated fund to Ver these ongoing costs. the Trustees consider that £20.000 would be sufficienL Generalfunds - These repr¢sent the free funds of the charitabl¢ company and are not deSIated for any particular purpose. Re'stered company number.. _ 04824324 (England and Wales) Registered charity number.. _ 1101025 27
WEST LANCASHIRE WOMEN'S REFUGE LIMITED Notes forming part of the financial statements for the year ellded 31 March 2024 17.0 Analysis of net assets betTrveen funds Current yéar Restrlcted Designated funds funds General funds Totsl funds Fund balances at 31 March 2024 are represented by: _ Fixed assets Current assets CreAitors 105,655 20.000 105,655 273,996 61,415 192,581 Total net assets Previous year Restrleted Designated funds funds General funds Totsl funds Fund balances at 31 March 2023 are represented by: . Fixed assets Currfflt &ssets CreAlitors 105,655 20,000 105,655 332,152 76,989 235,163 Total net assets 18.0 Guarantees and other finaneial cornntMents The amounts payable in the next year in respect of operating leases ar¢ shown below. analysed according to th¢ expiry dat¢ of the leases: . 2024 2023 Land And buildings Land and Other buildings Other Expiring: _ Within one y¢ar Regislered company number." _ 04824324 (England and Wales) Registered charity number.. . 1101025 28
WEST LANCASHtRE WOMEN'S REFUGE LIMITED Notes forming part of the financial statements for the year ended 31. March 2024 19.0 Pension commitments The charitable company operatcs a defined contribution pension scheme for the members of staff. The assets of the scheme are held sq)arately from those of the charitable company, being invested with insurance companies. P¢nsion costs charged in the Statement of Financial Activities r¢pr¢sent the contributions payable by the charitable company in the year. At th¢ balance sh¢et date unpaid LX)ntiibutions of £2.335 (2023". - £1,142) were due to the fund. They are included in other creditors. 20.0 Ulthnate controlling party The charitabl¢ company was Controll throughout the year by the Directors and Trustecs holding office. Regstered company number.. _ 04824324 (England and Wal) Registered charity number." _ 1101025 29