**IMECE Women's Centre** (Private Company Limited by Guarantee)
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
COMPANY REG NO. 04262910
CHARITY NO. 1101882
**IMECE Women's Centre (Private Company Limited by Guarantee) Contents**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Report of the trustees|2-3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Accounting policies|7-8|
|Notes forming part of the financial statements|9-14|
|Detailed income & expenditure account|15|
_**Pages 4 and 15 does not form part of the statutory accounts.**_
**IMECE Women's Centre (Private Company Limited by Guarantee) Legal and Administrative Information**
|**Trustees and directors**|**Trustees and directors**||A Baylav** (resigned 8 March 2021)|
|---|---|---|---|
||||S Cavcav** (resigned 8 March 2021)|
||||U Heptinstall**|
||||Y S Kayikci** (appointed 21 April 2021)|
||||O Lumley**|
||||C Salih** (appointed 8 March 2021)|
||||R Yaprak** (appointed 3 November 2020)|
|_** - Management committee members are also, for the purpose of the Companies Act 2006,_||||
|_company directors._||||
|**Company secretary:**|||S Dur|
|**Key management & personnel**|||S Dur Executive Officer|
|**Administration**|**and**|**registered**||
|**office:**|||2 Newington Green Road|
||||London|
||||N1 4RX|
|**Charity registration no.:**|||1101882|
|**Company registration no.:**|||04262910 (England & Wales)|
|**Reporting Accountants**|||Akademi Accountancy|
||||Certified Public Accountants|
||||59-60 Market Square|
||||London|
||||N9 0TZ|
|**Bankers:**|||Co Operative Bank|
|**Funding authorities:**|||L B Islington|
||||L B Camden|
||||London Councils|
||||MOPAC|
||||MHCLG|
||||LCF|
||||L B Hackney|
||||L B Haringey|
||||Henry Smith|
||||Big Lottery|
||||CCLORS|
||||L B Islington VCS|
||||L B Islington Healthwatch|
**Page 1**
**IMECE Women's Centre**
## **(Private Company Limited by Guarantee) Directors' & Trustees' Report for the Year Ended 31 March 2021**
The trustees are pleased to present their annual directors' report for the year ended 31 March 2021 which is also prepared to meet the requirements for a directors report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
## **Structure, Governance and Management**
## Governing Document
IMECE Women's Centre Limited is a company limited by guarantee and is a registered charity. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
## Recruitment & Appointment of Trustees
The trustees and directors who have served throughout the year are shown on page 1. Appointment of directors/trustees is governed by the Memorandum & Articles of Association.
New Trustees undergo training on their legal obligations as under Charity Law, the decision making process, the business plan and recent performance of the charity.
## Organisational Structure
The charity is organized so that the trustees meet regularly to manage its affairs. The Chief Executive Officer manages the day to day administration of the charity and report to the Trustees at monthly Trustee meetings.
## Risk Management
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions.
The trustees have had regard to the guidance issued by the Charity Commission on public benefit.
The trustees also review non-financial risks and these risks are managed by ensuring compliance with all health and safety regulations for children, staff and parents.
## Related parties
None of the trustees receive remuneration or other benefit in their capacity as trustees of the charity. Any connection between a trustee of the charity and organisations providing services to the charity must be disclosed to the full board of trustees in the same way as any contractual relationship with a related party. In the current year no such related party transactions were reported.
## Pay policy for senior staff
The directors consider that the board of directors, who are the Charity's trustees, and senior management team comprise the key management personnel of the charity in charge of directing, controlling, running and operating the charity on a day to day basis.
The pay of senior staff is reviewed annually and normally increased in with Local Authority pay scales.
## **Main Activities, Purposes and Objectives**
The charity's objects and its principal activities are the provision of educational, social and welfare services for the benefit of the Turkish speaking community in Greater London, particularly the Islington and Hackney areas of London.
## **Main Achievements**
The charity produces a separate Annual Report detailing the main achievements of the charity, identifying the difference the charity's work made to the circumstances of its beneficiaries.
**Page 2**
**IMECE Women's Centre (Private Company Limited by Guarantee) Directors' & Trustees' Report for the Year Ended 31 March 2021 (Continued)**
## **Financial review**
Total income for the year amounted to £664,163 with total expenditure amounting to £652,548 leaving a surplus in the year of £11,615.
Accumulated reserves at the balance sheet date amounted to £348,890, of which £341,607 represent income reserves.
## **Investment powers and policy**
The trustees, having regard to the liquidity requirements of operating the charity's activities, have kept a proportion of available liquid funds in an interest bearing account to maximise the rate of return, although given current rates of interest the rate of return is minimal. The trustees will review the position and consider alternative investments to maximise returns but will continue with a risk averse policy.
## **Reserves policy and going concern**
The Trustees have undertaken a review of the charity's requirements for reserves in light of the main risks to the organisation. As part of this review the charity has set up two funds, namely a 'running cost' fund, 'staff & maternity fund' and 'functional fixed asset reserve', in line with Charity Commission recommendations. The running cost reserve is to cover running costs of the charity of between 3 to 6 months and as at 31 March 2021 stands at £225,000 which is equivalent to six months running costs. The 'staff & maternity fund' is to cover future potential statutory liabilities (redundancy, unpaid holiday & monies in lieu of notice) should the charity cease activities and as at 31 March 2021 stands at £48,000. The functional fixed asset reserve to reflect the fact that the fixed assets held are considered essential for the running of the charity and are therefore not available as reserves. The amount held is equivalent to the NBV of assets held at the balance sheet date.
## **Plans for future periods**
Funding for the year 2021/2022 has been secured from existing funding sources for the Charities' core activities and the aim of the Trustees is to further diversify projects in the provision of services across London.
## **Trustees responsibilities in relation to the financial statements**
The charity trustees (who are also directors of the Company for the purposes of company law) are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and estimates 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 statements.
- prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Directors and trustees**
The trustees who are directors for the purpose of company law who have served during the year and up to the date of this report are set out on page 1.
## **The company has taken advantage of the small companies' exemption in preparing the report above.**
## **The trustees declare that they have approved the trustees' report above.**
## **Signed on behalf of the charity's trustees/directors**
**…………………………………………………………………**
## **S Dur**
## **Company Secretary**
**Date: 12 November 2021**
**Page 3**
**IMECE Women's Centre (Private Company Limited by Guarantee) Independent Examiner's report on the accounts for the year ended 31 March 2021**
I report to the trustees on my examination of the accounts of the above charity ('the Trust) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member Certified Public Accountants.
I have completed my examination. I confirm that no material matters come to my attention in connection with the examination, which gives me cause to believe that in, any material respect:
- the accoun�ng records were not kept in accordance with sec�on 130 of the Chari�es Act; or
- the accounts did not accord with the accoun�ng records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true fair' view which is not a matter considered as part of an independent examination.
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 reached.
**Yusuf Kul Akademi Accountancy Certified Public Accountants 59-60 The Market Square London N9 0TZ**
**Date: 12 November 2021**
**Page 4**
**IMECE Women's Centre (Private Company Limited by Guarantee) Statement of financial activities for the year ended 31 March 2021**
**----- Start of picture text -----**
Unrestricted/
Restricted Designated Total Total
Notes Funds Funds 2020/21 2019/20
£ £ £ £
Income:
Donations and restricted grants 3 589,928 589,928 454,076
Income from Charitable activities:
Income generation 4 - 66,388 66,388 14,870
Income from other charitable activities
Fundraising & other income 5 - 7,847 7,847 2,210
Total income 589,928 74,235 664,163 471,156
Expenditure
Expenditure on charitable activities:
Direct Charitable expenditure 6 577,988 41,395 619,383 425,359
Management and administration 7 33,165 - 33,165 30,265
Total expenditure 611,153 41,395 652,548 455,624
Net income/(expenditure) and net movements
in funds before gains and losses on investments
8 (21,225) 32,840 11,615 15,532
Interfund Transfer (2,859) 2,859 - -
Total funds brought forward 25,730 311,545 337,275 321,743
Total funds carried forward 1,646 347,244 348,890 337,275
**----- End of picture text -----**
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
**Page 5**
## **IMECE Women's Centre (Private Company Limited by Guarantee) BALANCE SHEET AS AT 31 MARCH 2021**
**----- Start of picture text -----**
Notes 2020/21 2019/20
£ £ £ £
Fixed Assets
Tangible fixed assets 14 7,284 7,753
Total fixed assets 7,284 7,753
Current Assets
Debtors 15 63,948 66,134
Cash at bank and in hand 387,745 287,130
Total current assets 451,693 353,264
Creditors: amounts falling due
within one year 16 (110,087) (23,742)
Net current assets 341,606 329,522
NET ASSETS 348,890 337,275
The funds of the Charity:
Restricted income funds: 18 1,646 25,730
Unrestricted income funds: 18 347,244 311,545
TOTAL CHARITY FUNDS 348,890 337,275
**----- End of picture text -----**
**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**
**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**
**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**
**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**
## **Approved by the trustees/directors on 12 November 2021 and signed on its behalf**
**………………………………………………………………… O Lumley Trustee & Company Director**
**Page 6**
**IMECE Women's Centre (Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2021**
## **Accounting policies**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of financial statements are as follows
## **Basis of Preparation**
The Financial statements have been prepared in accordance with Accounting and Reporting of charities : SORP applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective date 1 January 2015) - Charities SORP (FRS 102), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
IMECE Women's Centre meet the definition of Charity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy (notes).
## **Reconciliation with previous GAAP**
In preparing the accounts the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102, the reinstatement of comparative item was required.
At the date of transition no other restatements were required.
## **Incoming resources**
Income (including income from government and other grants) is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.
## **Interest and investment income receivable**
Interest on funds held on deposit and income from investments held is included when receivable and the amount can be measured reliable by the charity.
## **Fund accounting & transfers between funds**
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Restricted funds are donations or grants which the donor has specified are to be solely used for a particular purpose or area of the charity's work or projects being undertaken by the charity.
Transfer from unrestricted general and designated funds are at the discretion of the trustees and are disclosed in the financial statements.
Transfers from restricted funds to unrestricted funds take place where a project has been completed and the fund donor has agreed that the charity retain the surplus to be used for the general purposes of the charity.
## **Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following headings:
-cost of raising funds comprise the cost of commercial trading
- expenditure on charitable activities includes the cost of operating the nursery and outreach services
- management and administration includes support costs for those functions that assist the work of the charity
Irrecoverable VAT is charged as a cost against the activity for which the expenditure has been incurred.
## **Taxation**
As a grant aided charity with charitable status the charity's activities do not create a charge to corporation tax.
## **Operating leases**
Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
**Page 7**
**IMECE Women's Centre (Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2021**
## **Tangible fixed assets**
Tangible fixed assets for use by the charity are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
- office equipment - 25% straight line basis
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of less than three months from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or
## **Financial instruments**
The trust has only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. The charity does not acquire put options, derivatives or other complex financial instruments. The main form of financial risk faced by the charity is that of volatility in equity and investment markets due to wider economic conditions, the
## **Pensions**
The Trust operates a defined contribution pension pension scheme under 'auto-enrolment legislation.
**Page 8**
## **IMECE Women's Centre**
## **(Private Company Limited by Guarantee) Notes to the financial statements**
## **for the year ended 31 March 2021**
## **1 Legal status of the Trust**
The Trust is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
|**2 Financial performance of the charity**
Income
Expenditure on charitable activities
Expenditure on management and administration
Depreciation
Net income
Total funds brought forward
Total funds carried forward
**Represented by:**
Unrestricted funds - general
Unrestricted funds - designated
Restricted funds
**3 Income from Donations, Grants & Income Generation (restricted)**
Grants received in year:
L B Islington - VCS Infrastructure Fund
L B Islington - Samira Project
L B Hackney - SOS
L B Hackney - Elderly Project
L B Camden - WISER Project (Solace Women's Aid)
Big Lottery Fund
London Councils - ASCENT Advice & Counselling (Solace Women's Aid)
MOPAC - ASCENT Uplift (Solace Women's Aid)
London Councils - ASCENT Ending Harmful Practices (Asian Women's Resource Centre)
London Councils - ASCENT Prevention (Tender)
MOPAC - ASCENT Advice Plus (Asian Women's Resource Centre)
MOPAC - P & ACT (Asian Women's Resource Centre)
LCF - MOPAC PRP
MOPAC Training - (Asian Women's Resource Centre)
MOPAC - Pathway to Recovery Project 2 (London Community Foundation)
CCLORS
Henry Smith
Haringey IDVA
LCF - ANKA Project
London Councils - NRPF (Asian Women's Resource Centre)
Add: Deferred income brought forward (Note 17)
Add: Accrued income carried forward (Note 15)
Less: Deferred income carried forward (Note 17)
Less: Accrued income brought forward (Note 15)
**4 Income from Donations, Grants & Income Generation (unrestricted)**
Income generation
MOPAC - Crisis Accomodation Project (Solace Women;s Aid)
**5 Income from other charitable activities (unrestricted)**
Fundraising
Interest receivable|**2020/21**
**£**
664,163
614,367
33,165
5,016
652,548
11,615
337,275
348,890
68,606
278,638
1,646
348,890
20,500
105,000
-
24,544
26,535
25,190
69,583
10,900
36,860
18,957
47,834
37,386
49,998
4,706
-
25,850
72,400
35,000
17,185
31,460
659,888
4,198
61,548
725,634
(71,012)
(64,694)
589,928
59,986
6,402
66,388
7,542
305
7,847|**2019/20**
**£**
471,156
421,017
30,265
4,342
455,624
15,532
321,743
337,275
32,058
279,487
25,730
337,275
20,000
60,000
30,687
-
26,550
12,595
69,583
-
36,861
17,205
-
-
-
59,411
-
-
-
-
-
332,892
69,819
64,694
467,405
(4,198)
(9,131)
454,076
14,870
-
14,870
1,842
368
2,210|
|---|---|---|
**Page 9**
**IMECE Women's Centre (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2021**
**----- Start of picture text -----**
2020/21 2019/20
£ £
6 Analysis of expenditure on charitable activities
Staff & agency costs 458,473 290,648
Other running costs 155,894 130,369
Depreciation 5,016 4,342
619,383 425,359
Analysis of costs by funds
Restricted 584,390 421,111
Unrestricted 34,993 4,248
619,383 425,359
7 Analysis of governance and support cost
Staff costs 25,391 19,146
Audit and accountancy 4,220 6,835
Other 3,554 4,284
33,165 30,265
Analysis of costs by funds
Restricted 33,165 30,265
Unrestricted - -
33,165 30,265
8 Net income /(expenditure) for the year
This is stated after charging:
Depreciation -owned assets 5,016 4,342
Reporting accountant's remuneration 1,200 1,200
9 Analyses of staff costs, trustee remuneration and expenses, and the cost of key
management personnel
Wages and salaries 450,083 286,699
Employers national insurance 27,969 18,304
Pension costs - (defined contribution pension plan) 5,813 4,791
483,864 309,794
The average number of staff employed during the year
were as follows:
Direct charitable 16 12
Administration & support 1 1
17 13
The number of employees whose emoluments as defined for taxation purposes
amounted to over £60,000 in the year were as follows: - -
**----- End of picture text -----**
## **10 Trustees' remuneration**
The trustees were not paid or received any other benefits from the Charity during the year in their capacity as trustees.
## **11 Related party transactions**
There were no related party transactions to be disclosed during the year under review.
**Page 10**
**IMECE Women's Centre (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2021**
## **12 Government Grants**
Income from grants comprises of grant funding made available by funding authorities and private entities to fund specific projects undertaken by the Charity. See note 4 for more information and to the amount and sources of these grants.
## **13 Corporation Tax**
The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
|**Computer**
**Equipment**
**14 Tangible fixed assets**
**£**
**Cost:**
At 1 April 2019
12,506
Additions
4,546
At 31 March 2020
17,052
**Depreciation**
At 1 April 2019
7,192
Charge in year
3,688
At 31 March 2020
10,880
**Net book value**
At 31 March 2020
6,172
At 31 March 2019
5,313
**Analysis net book value of functional fixed assets:**
Restricted - S E N Fund
Ascent, Advice & Counselling
Unrestricted - functional fixed assets
**15 Debtors**
**Amounts due within one year:**
Prepayments and accrued income
Accrued income - restricted
Accrued income - un-restricted
**16 Creditors**
**Amounts falling due within one year:**
Other taxation & social security
Deferred Income - restricted
Deferred Income - un-restricted
Other creditors & accruals
**17 Deferred income**
Deferred income comprise advance receipt of grant funding for 2020/21
Balance as at 1 April 2020
Amount released to income earned from charitable activities
Amount deferred in the year
Balance as at 31 March 2021|**Office**
**Equipment**
**£**
18,352
-
18,352
15,912
1,328
17,240
1,112
2,440
**2020/21**
1,418
228
5,638
7,284
61,548
2,400
63,948
7,983
71,012
13,321
17,771
110,087
(4,198)
4,198
84,333
84,333|**Total**
**£**
30,858
4,546
35,404
23,104
5,016
28,120
7,284
7,753
**2019/20**
1,266
-
6,487
7,753
64,694
1,440
66,134
8,773
4,198
-
10,771
23,742
(69,819)
69,819
(4,198)
(4,198)|
|---|---|---|
**Page 11**
## **IMECE Women's Centre (Private Company Limited by Guarantee) Notes to the financial statements**
## **for the year ended 31 March 2021**
**----- Start of picture text -----**
18 Analysis of funds: 2020/21
Restricted B/Fwd Income Expenditure Transfers C/fwd
VCS Infrastructure - 20,500 (20,500) - -
Samira Project 813 105,000 (105,813) - -
L B Hackney SOS 2,859 - - (2,859) -
- - -
Wiser Project 26,535 (26,535)
Ascent , Advice & Counselling 255 118,948 (118,975) (228) -
MOJ Ascent Uplift - 16,350 (16,350) - -
- - -
Ascent Ending Harmful Practices 36,860 (36,860)
ASCENT Prevention - 22,064 (22,064) - -
LCF MOPAC PRP - 24,999 (24,847) (152) -
Henry Smith 902 48,784 (49,686) - -
Big Lottery Fund 502 25,190 (25,692) - -
P & ACT EHP 2,548 47,897 (50,445) - -
CCLORS - 23,696 (23,696) - -
Hackney Elderly - 24,544 (24,544) - -
- - -
Haringey IDVA 2,917 (2,917)
IBAA - 3,698 (3,698) - -
Asian Women's Centre - NRPF - 41,946 (41,946) - -
- - -
S E N (MIF) 16,585 (16,585)
Fixed assets -LCF MOPAC PRP 1,266 - - 152 1,418
Fixed assets -Advice & Counselling - - - 228 228
25,730 589,928 (611,153) (2,859) 1,646
Unrestricted:
Functional fixed assets 6,487 - - (849) 5,638
Staff & maternity fund 48,000 - - - 48,000
Running costs fund 225,000 - - - 225,000
General reserve 32,058 74,235 (41,395) 3,708 68,606
311,545 74,235 (41,395) 2,859 347,244
Total Funds 337,275 664,163 (652,548) - 348,890
**----- End of picture text -----**
## **Inter Fund Transfers**
Transfers from restricted funds to unrestricted as shown above relate to projects which have ended and the charity has received permission from funder to retains surplus funds to be used for the general purposes of the charity, at the discretion of the trustees.
## **Restricted funds:**
**VCS Infrastructure:** funding core staff members' salaries, overhead costs and organisational development.
**Samira Project: (** Partnership Project) with IMECE as the lead organisation, commissioned specialist BME ending VAWG service. Provides for VAWG support and capacity building service for BAMER women and girls.
**L B Hackney SOS:** One to one crisis intervention and advocacy for BME women experiencing VAWG in Hackney with specific focus on harmful practices.
**Wiser Project (Solace Women's Aid): (** Partnership Project) - targeting women facing sever and multiple disadvantage.
**Ascent Advise & Counselling: (** Partnership Project) - providing VAWG advice and counselling via the London VAWG consortium partnership.
**Ascent Ending Harmful Practices: (** Partnership Project) - providing VAWG advice and counselling via the London VAWG Consortium Partnership - BME specialist partnership.
**ASCENT Prevention: (** Partnership Project) - Prevention project working with young people and educators in a school setting.
**Page 12**
**IMECE Women's Centre (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2021**
## **18 Analysis of funds (continued):**
**MOPAC : (** Partnership Project with IMECE as lead) - Capacity building grant to extend one to one crisis intervention, counselling and organisational development.
**Henry Smith Volunteer peer support project** - IMECE will recruit and train volunteers from the community for them to support other women in the community via workshops, awareness raising and training community champions.
**Big Lottery Fund -** Partnership with two other community organisations namely Minik Kardes and Derman. The project aims to provide holistic wrap around service to families in Hackney and Islington. IMECE provides domestic abuse counselling services to women, whilst Minik Kardes provides outreach services and Derman provides family therapy.
**P & ACT EHP -** this is a specialist targeted partnership of BAMER organisations in the London VAWG Consortium. We are providing specialist advocacy and counselling to BAMER women subject to domestic abuse and harmful practices.
**CCLORS -** Digital inclusion and Recovery project to both sustain current support service and refocus the outreach element to virtual platforms.
**Hackney Elderly Project -** Providing outreach and one-one practical and emotional support to women aged over 55.
**Haringey IDVA -** Providing crises intervention support to all BAME women living in Haringey. Working with all levels of risk.
**VCS IBAA Partnership -** Advice partnership where Imece provides advice to Turkish, Kurdish and Cypriot Turkish and any other Turkish speaking women.
**LCF ANKA -** Recovery, resettlement and resilince project. Imece provides one-one long term practical support, resilience groups and follow up check-ins after case closures.
**Ascent Uplift -** Additional resource funded by MOPAC to increase capacity of LC Advice & Counselling work.
**Advice Plus -** Additional resource funded by MOPAC to increase capacity of LC Advice & Counselling work.
**LC NRPF -** Targeted project to support BME women with NRPF issues.
## **Unrestricted & designated funds:**
**Functional fixed assets:** Funds set aside equivalent to net book value of assets held at the balance sheet date to reflect the fact that these reserves are not free funds..
**Staff & Maternity Fund:** Funds set aside to cover maternity pay in excess of SMP and future redundancy costs should the charity cease activities.
**Running Costs Fund:** Funds set aside to cover running costs for six months should funding cease to enable the charity to secure alternative sources of funds.
**General reserve:** The fund represents the free funds of the charity which are not designated for a particular purpose.
**Page 13**
**IMECE Women's Centre (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2021**
## **18 Analysis of funds (continued):**
|**Analysis of funds by project**
**B/Fwd**
NHS Haringey CCG
20,135
Strategic Advice Partners
6,075
Student Best Award
1,000
Social Investment Business
3,943
DLG/MHCLG
1,540
L B Islington CCH
3,500
BHS Islington CCH
1,400
ESOL Funding
8,150
L B Islington - IBAL
2,025
Healthwatch Islington
8,300
BBC Children in Need
6,461
Comic Relief
7,741
Ajahma
10,015
Hearthstone
4,361
VCS Infrastructure
-
Samira Project
924
L B Hackney SOS
2,424
Wiser Project
125
Ascent , Advice & Counselling
-
Ascent Ending Harmful Practices
-
ASCENT Prevention
-
S E N (MIF)
17,780
Henry Smith
-
Big Lottery Fund
-
P & ACT EHP
-
Functional Fixed Assets
-
105,899
**Unrestricted:**
Functional fixed assets
10,407
Staff & maternity fund
48,000
Running costs fund
135,000
General reserve
22,437
215,844
**Total Funds**
321,743
**19 Analysis between fund balances**
Tangible fixed assets
Cash at bank and in hand
Other net current assets/ (liabilities)
Tangible fixed assets
Cash at bank and in hand
Other net current assets/ (liabilities)|**Income**
-
-
-
-
51,790
-
-
-
-
-
-
-
-
-
20,000
60,000
30,687
22,125
80,010
36,861
19,291
102,439
8,224
8,397
14,252
-
454,076
-
-
-
17,080
17,080
471,156|**Expenditure**
-
-
-
-
(53,330)
-
-
-
-
-
-
-
-
-
(20,000)
(60,111)
(30,252)
(22,250)
(79,755)
(36,861)
(19,291)
(101,946)
(7,322)
(7,895)
(11,704)
(422)
(451,139)
(3,920)
-
-
(565)
(4,485)
(455,624)
**Restricted**
**£**
1,418
-
1,418
**Restricted**
**£**
1,266
-
24,464
25,730
**2019/20**|**Transfers**
(20,135)
(6,075)
(1,000)
(3,943)
-
(3,500)
(1,400)
(8,150)
(2,025)
(8,300)
(6,461)
(7,741)
(10,015)
(4,361)
-
-
-
-
-
-
-
(1,688)
-
-
-
1,688
(83,106)
-
90,000
(6,894)
83,106
-
**Unrestricted**
**£**
5,866
387,745
(46,139)
347,472
**Unrestricted**
**£**
6,487
287,130
17,928
311,545
**2020/21**
**2019/20**|**C/fwd**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
813
2,859
-
255
-
-
16,585
902
502
2,548
1,266
25,730
6,487
48,000
225,000
32,058
311,545
337,275
**Total**
**£**
7,284
387,745
(46,139)
348,890
**Total**
**£**
7,753
287,130
42,392
337,275|
|---|---|---|---|---|
## **20 Post-balance sheet events**
The trustees, having made enquiries with senior members of staff confirm that there are no post balance sheet events which require disclosure in the financial statements.
**Page 14**