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2023-03-31-accounts

IMECE Women's Centre Ltd (Private Company Limited by Guarantee)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

COMPANY REG NO. 04262910

CHARITY NO. 1101882

IMECE Women's Centre Ltd (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 Ltd (Private Company Limited by Guarantee) Legal and Administrative Information

Trustees and directors Trustees and directors O Lumley**
R Yaprak**
Y S Kayikci**
Y Pinar**
A Saydar**
A Ranar** (appointed 10/03/2023)
Dr S Nisancioglu** (appointed 10/03/2023)
A Osmen** (appointed 10/03/2023)
N Yazici** (appointed 10/03/2023)
** - 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
L B Hackney
L B Haringey
Henry Smith
Big Lottery
Comic Relief PRP
IBAA
L B Islington VCS
L B Islington Healthwatch
City Bridge Trust
London Community Foundation

Page 1

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Directors' & Trustees' Report for the Year Ended 31 March 2023

The trustees are pleased to present their annual directors' report for the year ended 31 March 2023 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 Ltd (Private Company Limited by Guarantee) Directors' & Trustees' Report for the Year Ended 31 March 2023 (Continued)

Financial review

Total income for the year amounted to £798,584 with total expenditure amounting to £784,936 leaving a surplus in the year of £13,648.

Accumulated reserves at the balance sheet date amounted to £373,993, of which £365,820 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 2023 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 2023 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 2023/2024 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).

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: 17 November 2023

Page 3

IMECE Women's Centre Ltd INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF IMECE WOMEN'S CENTRE

I report to the Trustees on my examination of the accounts of IMECE Women's Centre (the charity), charity number 1101882, for the year ended 31 March 2023, which are set out on pages 5 to 14.

Respective responsibilities of trustees and examiner

The charity's Trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ('the Act').

The charity's Trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out below.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales which is one of the listed bodies.

In connection with my examination, no material matters have come to my attention which gives me cause to believe, that in any material respect:

I have no concerns and have come across no other matter 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.

Y Kul Akademi Accountancy Certified Public Accountants

59-60 The Market Square London, N9 0TZ

Date: 17 November 2023

Page 4

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Statement of financial activities for the year ended 31 March 2023

----- Start of picture text -----
Unrestricted/
Restricted Designated Total Total
Notes Funds Funds 2022/23 2021/22
£ £ £ £
Income:
Donations and restricted grants 3 794,434 794,434 684,065
Income from Charitable activities:
Income generation 4 - 3,157 3,157 71,810
Income from other charitable activities
Fundraising & other income 5 - 993 993 2,836
Total income 794,434 4,150 798,584 758,711
Expenditure
Expenditure on charitable activities:
Direct Charitable expenditure 6 735,820 4,117 739,937 707,360
Management and administration 7 44,999 - 44,999 39,896
Total expenditure 780,819 4,117 784,936 747,256
Net income/(expenditure) and net movements
in funds before gains and losses on investments
8 13,615 33 13,648 11,455
Interfund Transfer (13,615) 13,615 - -
-
Total funds brought forward 360,345 360,345 348,890
Total funds carried forward - 373,993 373,993 360,345
----- 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 Ltd (Private Company Limited by Guarantee) BALANCE SHEET AS AT 31 MARCH 2023

----- Start of picture text -----
Notes 2022/23 2021/22
£ £ £ £
Fixed Assets
Tangible fixed assets 14 8,173 4,231
Total fixed assets 8,173 4,231
Current Assets
Debtors 15 206,741 43,135
Cash at bank and in hand 234,110 415,324
Total current assets 440,851 458,459
Creditors: amounts falling due
within one year 16 (75,031) (102,345)
Net current assets 365,820 356,114
NET ASSETS 373,993 360,345
The funds of the Charity:
Restricted funds 18 - -
Unrestricted funds 18 373,993 360,345
TOTAL CHARITY FUNDS 373,993 360,345
----- 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 17 November 2023 and signed on its behalf

………………………………………………………………… O Lumley Trustee & Company Director

Page 6

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023

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).

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:

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.

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:

Page 7

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023

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 scheme under 'auto-enrolment legislation.

Page 8

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2023

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 - 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)
MOJ Pact Uplift
LCF - MOPAC PRP
AVA Project - Prevention
I B A A
GLA - Floating Support
GLA - NRPF
Henry Smith
L B Haringey IDVA - MOPAC
LCF - ANKA Project
London Councils - NRPF (Asian Women's Resource Centre)
Comic Relief PRP
Add: Deferred income brought forward (Note 17)
Less: Deferred income brought forward transferred to other income
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 Accommodation Project (Solace Women's Aid)
City Bridge Trust - Wave 5
L B Haringey - Hardship Fund		 2022/23
£
798,584
735,493
44,999
4,444
784,936
13,648
360,345
373,993
92,820
281,173
-
373,993
22,000
105,000
-
27,066
25,292
62,931
-
35,744
7,658
47,834
30,720
1,629
-
18,750
14,792
42,560
40,321
51,600
-
35,295
-
3,966
573,158
68,616
-
205,456
847,230
(12,900)
(39,896)
794,434
3,157
-
-
-
3,157		 2021/22
£
758,711
702,259
39,896
5,101
747,256
11,455
348,890
360,345
83,114
277,231
-
360,345
22,000
105,000
25,320
26,535
18,893
63,784
5,450
36,860
10,254
47,834
53,760
10,647
-
-
18,490
-
-
23,100
70,000
17,185
10,486
139,877
705,475
71,012
(2,154)
39,896
814,229
(68,616)
(61,548)
684,065
23,002
7,200
37,183
4,425
71,810

Page 9

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2023

----- Start of picture text -----
2022/23 2021/22
£ £
5 Income from other charitable activities (unrestricted)
Fundraising 878 2,809
Interest receivable 114 27
992 2,836
6 Analysis of expenditure on charitable activities
Staff & agency costs 559,153 537,914
Other running costs 176,340 164,345
Depreciation 4,444 5,101
739,937 707,360
Analysis of costs by funds
Restricted 735,820 682,017
Unrestricted 4,117 25,343
739,937 707,360
7 Analysis of governance and support cost
Staff costs 34,283 32,011
Reporting accounts & accountancy fees 5,880 5,460
Other 4,836 2,425
44,999 39,896
Analysis of costs by funds
Restricted - -
Unrestricted 44,999 38,896
44,999 38,896
8 Net income /(expenditure) for the year
This is stated after charging:
Depreciation -owned assets 4,444 5,101
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 542,254 524,445
Employers national insurance 42,038 37,312
Pension costs - (defined contribution pension plan) 9,144 8,168
593,436 569,925
The average number of staff employed during the year
were as follows:
Direct charitable 21 22
Administration & support 1 1
22 23
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 Ltd (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2023

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.

14 Tangible fixed assets
Cost:
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge in year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Analysis net book value of functional fixed assets:
Unrestricted - functional fixed assets
15 Debtors
Amounts due within one year:
Prepayments and accrued income
Accrued income - restricted
Accrued income - un-restricted
Prepayments
16 Creditors
Amounts falling due within one year:
Other taxation & social security
Deferred Income - restricted
Deferred Income - unrestricted
Other creditors & accruals
17 Deferred income
Deferred income comprise advance receipt of grant funding for 2022/23
Balance as at 1 April 2022
Amount released to income earned from charitable activities
Amount deferred in the year
Balance as at 31 March 2023		 Computer
Equipment
£
18,550
8,387
26,937
14,732
4,032
18,764
8,173
3,818		 Office
Equipment
£
18,902
-
18,902
18,489
413
18,902
-
413
2022/23
8,173
8,173
205,457
640
644
206,741
10,285
12,900
43,254
8,592
75,031
74,191
(74,191)
56,154
56,154		 Total
£
37,452
8,387
45,839
33,221
4,445
37,666
8,173
4,231
2021/22
4,231
4,231
39,896
1,530
1,709
43,135
10,586
68,616
5,575
17,568
102,345
84,333
(84,333)
74,191
74,191

Page 11

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Notes to the financial statements

for the year ended 31 March 2023

----- Start of picture text -----
18 Analysis of funds: 2022/23
Restricted B/Fwd Income Expenditure Transfers C/fwd
VCS Infrastructure - 22,000 (22,000) - -
- - -
Samira Project 105,000 (105,000)
- - -
Wiser Project 27,066 (27,066)
- -
Ascent , Advice & Counselling 148,839 (148,288) (551)
- - -
London Community - ANKA 35,295 (35,295)
- - -
Ascent Ending Harmful Practices 35,372 (35,372)
- -
GLA - Floating Support 56,587 (54,786) (1,801)
GLA - NRPF - 49,013 (45,020) (3,993) -
Comic Relief PRP - 72,582 (72,582) - -
- - -
Henry Smith 38,700 (38,700)
- - -
Big Lottery Fund 23,193 (23,193)
P & ACT EHP - 39,934 (39,934) - -
- - -
L B Haringey IDVA 105,000 (105,000)
IBAA - 14,792 (6,233) (8,559) -
- -
L B Islington - Solace Women 21,061 (19,020) (2,041)
- -
794,434 (777,489) (16,945)
Unrestricted:
Functional fixed assets 4,231 - (4,445) 8,387 8,173
- - -
Staff & maternity fund 48,000 48,000
- - -
Running costs fund 225,000 225,000
General reserve 83,114 4,150 (3,002) 8,558 92,820
360,345 4,150 (7,447) 16,945 373,993
Total Funds 360,345 798,584 (784,936) - 373,993
----- End of picture text -----

Inter Fund Transfers

Transfers from restricted funds to unrestricted as shown above relate:

-Purchase of functional Fixed Assets funded by restricted grants.

-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.

Wiser Project (Solace Women's Aid): Targeting women facing severe 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 and counselling via the London VAWG Consortium Partnership - BME specialist partnership.

GLA-NRPF: Targeted project support to BME women with NRPF issues.

Samira Project: Partnership project funded by L B Islington supporting BME women aged 16+ who have been subjected to VAWG including, domestic violence (DV) & harmful practices.

GLA - Floating Support: Increase survivor safety over time, to reduce and remove harm for victims/survivors. This partnership, which is run by 11 specialist DA organisations, delivers trauma-informed, wrap-around, client led support for those in safe accommodation.

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.

Page 12

IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2023

18 Analysis of funds (continued):

Ascent Prevention (Partnership Project): Prevention project working with young people and educators in a school setting.

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: T his 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.

L B Islington Counselling: The project is funded by L B Islington Council in partnership with Solace Women's Aid to improve service provision for those affected by VAWG.

L B Haringey IDVA MOPAC: Providing crises intervention support to all BAME women living in Haringey. Working with all levels of risk.

IBAA Partnership: Advice partnership where IMECE provides advice to Turkish, Kurdish and Cypriot Turkish and any other Turkish speaking women.

London Community ANKA - Recovery, resettlement and resilience project. IMECE provides one-one long term practical support, resilience groups and follow up check-ins after case closures.

L C Prevention: Funded by London Councils aims to strengthen schools' responses to tackle gender-based violence by embedding a 'Whole School Approach' to prevention.

Advice Plus: Additional resource funded by MOPAC to increase capacity of LC Advice & Counselling work.

Comic Relief PRP - Partnership project to overcome barriers for high risk Black Minoritised survivors, pan London specialist BAME IDVA crisis intervention and provision of casework support.

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 Ltd (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2023

18 Analysis of funds (continued):

Analysis of funds by project
VCS Infrastructure
Samira Project
Wiser Project
Ascent , Advice & Counselling
London Community - ANKA
Ascent Ending Harmful Practices
ASCENT Prevention
Comic Relief PRP
Henry Smith
Big Lottery Fund
P & ACT EHP
MOJ Pact Uplift
Hackney Elderly
L B Haringey IDVA - MOPAC
L B Haringey IDVA
IBAA
Fixed assets - LCF MOPAC PRP
Fixed assets - Advise & Counselling
Unrestricted:
Functional fixed assets
Staff & maternity fund
Running costs fund
General reserve
Total Funds
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)		 B/Fwd
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,418
228
1,646
5,638
48,000
225,000
68,606
347,244
348,890		 Income
22,000
105,000
26,535
117,417
34,370
36,860
12,719
71,261
38,492
25,190
43,008
9,018
25,320
70,000
32,083
14,792
-
-
684,065
-
-
-
74,646
74,646
758,711		 Expenditure
(22,000)
(105,000)
(26,535)
(117,082)
(34,370)
(36,860)
(12,719)
(71,261)
(38,492)
(25,190)
(43,008)
(9,018)
(25,320)
(70,000)
(30,920)
(14,242)
-
-
(682,017)
(5,101)
-
-
(60,138)
(65,239)
(747,256)
Restricted
£
-
-
-
-
Restricted
£
-
-
-
-
2021/22		 Transfers
-
-
-
(335)
-
-
-
-
-
-
-
-
-
-
(1,163)
(550)
(1,418)
(228)
(3,694)
3,694
-
-
-
3,694
-
Unrestricted
£
8,173
234,110
131,710
373,993
Unrestricted
4,231
415,324
(59,210)
360,345
2022/23
2021/22		 C/fwd
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,231
48,000
225,000
83,114
360,345
360,345
Total
£
8,173
234,110
131,710
373,993
Total
£
4,231
415,324
(59,210)
360,345

19 Analysis between fund balances

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