elite IMECE Women's Centre Ltd (Private Company Limited by Guarantee) DIDI REPORT AND FINANCIAL STATEMENTS : FOR THE YEAR ENDED 31 MARCH 2025 COMPANY REG NO. 04262910 CHARITY NO. 1101882
IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Contents
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|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|pulicies|7-8|
|Notes forming|part of the|financial|statements|9-14|
|Detailed|income &|expenditure|account|is|
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Pages 4 and 15 does notform part of the statutory accounts.
IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Legal and Administrative Information
| Trusteesand directors | Trusteesand directors | O Lumiey** | |
|---|---|---|---|
| YS Kayikci** | |||
| Y Pinar** | |||
| R Aksac** | |||
| Dr § Nisancioglu** | |||
| AOzmen** {resigned 15/11/2024) | |||
| N Yazici** (resigned 07/03/2025) | |||
| ** .Managementcommittee | committeemembersarealso,forthepurposeoftheCompaniesAct2006, | ||
| companydirectors. | |||
| Companysecretary: | S Dur | ||
| Keymanagement& | &personnel | SDur ExecutiveOfficer | |
| Administration office: |
and | registered | 2NewingtonGreen Road London |
| Ni 4RX | |||
| Charity registration no.: | 1101882 | ||
| Companyregistration no.: | 04262910(England&Wales) | ||
| ReportingAccountants | Akademi Accountancy Certified Public Accountants |
||
| 59-60 MarketSquare | |||
| London | |||
| N9 OTZ | |||
| Bankers: | CoOperative Bank | ||
| Fundingauthorities: | LB Islington London Councils |
||
| MOPAC (Mayor's Office ofPolicingand Crime) | |||
| LB Hackney | |||
| LB Haringey | |||
| Henry Smith | |||
| Big Lottery | |||
| LB Islington VCS |
|||
| LB Islington Healthwatch | |||
| London Community Foundation | |||
| Lloyds Foundation | |||
| GLA(GreaterLondonAuthority) |
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IMECE Women's Centre Ltd {Private Company Limited by Guarantee} Directors’ & Trustees’ Report for the Year Ended 31 March 2025
The trustees are pleased to present their annual directors' report for the year ended 31 March 2025 which is also prepared to meet the requirements for a directors report and accounts for Companies Act purposes.
The financial statements comply with the Charilies 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 £15
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 abligatinns as under Charity Law, the decision making process, the husiness plan and recent pertormance 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 rnonthly 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 aiso review non-financial risks and these risks are managed by ensuring compliance with all health and safety regulations for children, staff and parents.
Related garties
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 staft
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.
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IMECE Women's Centre Ltd
(Private Company Limited by Guarantee) Directors’ & Trustees’ Report for the Year Ended 31 March 2025
(Continued)
Financial review Total income for the year amounted to £995,312 with total expenditure amounting to £981,969 leaving a surplus in the year of £13,343. Accumulated reserves at the balance sheet date amounted to £433,657, of which £429,366 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 four ‘designated funds', namely a ‘running cost’ fund, ‘staff & maternity fund’ and ‘functional fixed asset reserve’ in line with Charity Commission recommendations. In addition a ‘building fund’ has been set up to cover potential future liabilities arising from disputes with joint occupiers relating to legal costs and maintenance of the building. The running cost reserve is to cover running costs of the charity of between 3 to 6 months and as at 31 March 2025 stands at £305,000 which is equivalent to four 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 34 March 2025 stands at £48,000. The building fund as at 31 March 2025 stands at £50,000. 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 at 31 March 2025 is £4,291, equivalent to the NBV of assets held at the balance sheet date.
Plans for future periods Funding for the year 2025/2026 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 >. trustees/directors $ Dur —_ Company Secretary Date:
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IMECE Women’s Centre Ltd INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF IMECE WOMEN’S CENTRE enima tN nN te | 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 2025, which are set out on pages 5 to 14.
Responsibilities and basis of report | report to the trustees on my examination of the accounts of the above charity ("The Trust") far the year ended 31 March 2025. 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"). | report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145((5)({b) of the Act.
independent examiner's statement | have completed my examination. | confirm that no material matters have come to my attention in connection with my examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with seclion 130 of the Charities Act 2011
-
the accounts did nat accord with the accounting records: or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out Charities (Accounts and Reports) Regulations 2008 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.
| 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. AkademiY Kul Falluntancy Certifled Public Accountants
500 White Hart Lane London, N17 7NA Date: 10/11 /20fap
Page 4
IMECE Women's Centre Ltd {Private Company Limited by Guarantee) Statement of financial activities for the year ended 31 March 2025
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|---|---|---|---|---|---|---|
|Unrestricted/|
|Restricted|Designated|Total|Total|
|Notes|Funds|Funds|2024/25|2023/24|
|Fd|£|£|£|
|income:|
|Donations and|restricted|grants|3|972,552|972,552|874,861|
|income|from|Charitable|activities:|
|income generation|4|-|18,230|18,230|58,799|
|income|from|other charitable|activities|
|Fundraising & other income|5|-|4,530|4,530|18,433|
|Total income|972,552|22,760|995,312|952,093|
|Expenditure|
|Expenditure|on|charitable|activities:|
|Direct Charitable expenditure|6|888,076|9,417|897,493|818,934|
|Management and administration|7|84,476|-|84,476|86,838|
|Total expenditure|972,552|9,417|981,969|905,772|
|Net|income/{expenditure)|and|net|movements|
|in funds|before|gains and|losses on investments|
|2|-|13,343|13,343|46,321|
|Interfund Transfer|-|-|-|“|
|Total funds brought forward|-|420,314|420,314|373,993|
|Total funds carried forward|a|433,657|433,657,|420,314|
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The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
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{Private Company Limited by Guarantee) BALANCE SHEET AS AT 31 MARCH 2025
IMECE Women's Centre Ltd
| Notes | 2024/25 | 2024/25 | 2023/24 | 2023/24 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible fixed assets | 14 | 4,291 | 9,561 | ||
| Total fixed assets | 4,291 | 9,561 | |||
| Current Assets | |||||
| Debtors | 15 | 142,778 | 146,093 | ||
| Cash at bankand in hand | 374,471 | 371,483 | |||
| Total current assets | $17,249 | 517,576 | |||
| Creditors: amountsfallingdue | |||||
| withinoneyear | 16 | (87,883) | (106,823) | ||
| Net current assets | 429,366 | 410,753 | |||
| NETASSETS | 433,657 | 420,314 | |||
| The funds ofthe Charity: | |||||
| Restricted funds | 18 | “ | - | ||
| Unrestricted funds | 18 | 433,657 | 420,314 | ||
| TOTALCHARITYFUNDS | 433,657 <= |
420,314 owner |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small campanies.
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 and signed on its behalf on
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O Lumley
Trustee & Company Director
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IMECE Women's Centre Ltd (Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025
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 4 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. 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 & computer equipment - 25% straight line basis
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IMECE Women's Centre Ltd {Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 Pere eeae od ae
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 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-enralment' legislation.
Page 8
IMECE Women's Centre Ltd
(Private Company Limited by Guarantee)
Notes to the financial statements for the year ended 31 March 2025
| IMECE Women'sWomen's Centre Ltd (Private Company Limited by Guarantee)Company Limited by Guarantee)Limited by Guarantee)by Guarantee)Guarantee) Notes to theto thethe financial statements for the year ended 31 March 2025the year ended 31 March 2025year ended 31 March 2025ended 31 March 202531 March 2025March 20252025 |
IMECE Women'sWomen's Centre Ltd (Private Company Limited by Guarantee)Company Limited by Guarantee)Limited by Guarantee)by Guarantee)Guarantee) Notes to theto thethe financial statements for the year ended 31 March 2025the year ended 31 March 2025year ended 31 March 2025ended 31 March 202531 March 2025March 20252025 |
|
|---|---|---|
| 1 Legal statusoftheTrust TheTrust is acompanylimited byguaranteeandhasnosharecapital. intheevent ofthecharitybeingwoundup,the liabilityin |
inrespect | |
| oftheguarantee islimitedto£1 permember ofthe charity. | ||
| 2 Financialperformanceofthecharity | 2024/25 £ |
2023/24 £ |
| income | 995,312 | 952,093 |
| Expenditureoncharitable activities Expenditureonmanagementandadministration Depreciation |
892,223 84,476 5,270 981,969 |
813,664 86,838 5,270 905,772 |
| Netincome Totalfundsbroughtforward |
13,343 422,507 |
46,321 376,186 |
| Total fundscarriedforward | 435,850 | 422,507 |
| Represented by: Unrestrictedfunds-general Unrestrictedfunds-designated |
26,366 407,291 |
62,753 357,561 |
| * | e | |
| Restricted funds | ||
| 433,657 | 420,314 | |
| 3 income from Donations,Grants & incomeGeneration {restricted) | ||
| Grants received in year: LB Islington -VCSinfrastructureFund LBIslington -SamiraProject LB Islington Counselling(SolaceWomen'sAid) WISER Project(SolaceWomen'sAid) BigLotteryFund LondonCouncils -ASCENTAdvice&Counselling(Women&Girls Network) LondonCouncils -ASCENTEndingHarmful Practices(AsianWomen'sResourceCentre) MOPAC -ASCENTAdvicePlus(AsianWomen’sResourceCentre) MOPAC -P&ACT{AsianWomen’sResourceCentre) LondonCouncils -ASCENTPrevention(Women's ResourceCentre) IBAA GLA-FloatingSupport GLA -NRPF Henry Smith LBHackneyByandForIDVA LBHaringeyBMESpecialistIDVA LCF -ANKAProject |
15,000 148,000 $3,084 27,066 84,359 76,726 44,215 59,792 49,919 44,835 14,792 65,899 62,810 49,400 49,000 105,000 50,000 |
22,000 148,000 31,592 27,066 84,359 75,567 26,157 35,876 29,952 25,375 14,792 56,109 45,094 48,400 49,000 210,000 24,520 |
| 999,897 | 953,859 | |
| Add: Deferredincomebroughtforward(Note17) Add:Accrued incomecarriedforward(Note15) |
32,534 119,796 |
12,900 146,092 |
| 1,152,227 | 1,112,851 | |
| Less:Deferredincomecarriedforward (Note17) Less:Accruedincomebroughtforward(Note 15) |
(33,583) (146,092) |
(32,534) (205,456) |
| 972,552 | 874,861 | |
| 4 incomefrom Donations,Grants&IncomeGeneration(unrestricted) | ||
| Incomegeneration Womes's Aid - ClientGrant |
18,230 “ |
50,299 8,500 |
| 18,230 | 58,799 |
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|IMECE|Women's|Centre|Ltd|
|{Private Company|Limited|by Guarantee)|
|Notes|to the|financial|statements|
|for the year ended|31|March|2025|
|arerees|
|2024/25|2023/24|
|£|£|
|5|Income from|other charitable|activities|(unrestricted)|
|Fundraising &|donations|3,094|17,418|
|Interest|receivable|1,439|1,015|
|4,530|18,433|
|6|Analysis|of expenditure|on|charitable activities|,|
|Staff & agency costs|;|670,540|622,975|
|Uther running costs|221,683|190,689|
|Depreciation|5,276|5,270|
|897,493|818,934|
|Analysis|of costs|by funds|
|Restricted|888,076|788,023|
|Unrestricted|9,417|30,911|
|897,493|818,934|
|7|Analysis|of governance and|support|cost|
|Staff costs|70,590|60,481|
|Reporting accounts & accountancy fees|7,007|6,162|
|Other|6,879|20,195|
|84,476|86,838|
|Analysis|of costs by funds|
|Restricted|84,476|AA,BAR|
|Unrestricted|“|“|
|84,476|86,838|
|8|Net income /{expenditure)|for the year|
|This|is|stated|after|charging:|
|Depreciation|-owned|assets|;|5,270|5,270|
|Reporting accountant's remuneration|2,000|1,400|
|9|Analyses|of|staff|costs,|trustee|remuneration|and|expenses,|and|the|cost|of|key|
|management|personnel|
|Wages|and|salaries|672,197|632,274|
|Employers|national|insurance|56,524|42,038|
|Pensinn|casts|-|(defined|contribution|pensian|plan)|12,409|9,144|
|741,130|;|683,456|
|The|average|number of staff employed|during the|year|
|were|as|follows:|
|Direct|charitable|24|22|
|Administration &|support|a|1|
|26|23|
|The|number|of employees|whose|ernoluments|as|defined|for|taxation|purposes|amounted|
|to|over|£60,000|in the|year|were|as|follows:|z|‘¢|
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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.
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IMECE Women's Centre Ltd (Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2025
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.
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|---|---|---|---|---|
|Computer|Office|
|14|Equipment|Equipment|Total|
|Tangible|fixed assets|£|£|©|
|Cost:|
|At|1 April 2024|33,595|18,902|$2,497|
|Additions|
|-|~|-|
|At 31 March 2025|33,595|418,902|$2,497|
|Depreciation|
|At 1 April 2024|24,034|18,902|42,936|
|Charge|in year|5,270|-|5,270|
|At 31 March 2025|29,304|18,902|48,206|
|Net book|value|
|At 31 March 2025|4,291|-|4,291|
|—|i|rrrememnmnnoorerercmmmnanen|aera|
|At 31 March 2024|9,561|“|9,561|
|[i|Gs|ererrermnenssoern|79|erred|
|Analysis net book value of functional fixed assets:|2024/25|2023/24|
|Unrestricted|- functional fixed assets|4,291|9,561|
|15|Debtors|4,291.|3,561|
|Amounts|due within|one|year:|
|Prepayments and|accrued|income|
|Accrued income|- restricted|139,228|146,093|
|Accrued income|-|un-restricted|550|-|
|Prepayments|3,000|-|
|16|Creditors|142,778|146,093|
|Amounts|falling due within|one|year:|
|Other taxation & social security|13,247|12,469|
|Deferred|Income|- restricted|33,583|32,534|
|Deferred income - unrestricted|27,500|28,380|
|Other creditors & accruals|13,553|33,440|
|17|Deferred|income|87,883|106,823|
|Deferred|income comprise|advance|receipt|of grant funding for 2023/24|
|Balance as at 1|April 2024|60,914|56,154|
|Amount released to income earned from charitable activities|(60,914)|(56,154)|
|Amount deferred|in the year|61,083|60,914|
|Balance as at 31 March|2025|61,083|60,914|
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|IMECE Women's Centre Ltd|
|{Private Company Limited by Guarantee)|
|Notes to the financial statements|
|for the year ended 31 March 2025|ot|
|2024/25|
|18|Analysis of funds:|
|Restricted|B/Fwd-|income15,000|Expenditure(15,000)|Transfers-|C/twa.|
|VCS|Infrastructure|.|148,000|(148,000)|“|-|
|Santina|Project|”|27,216|(27,216)||~|
|WiserAscent,Project Advice & Counselling|77,104|(77,104)|.|-|
|-|50,225|(50,225)|“|-|
|Ascent|Advice|Plus|“|38,460|(38,460)||-|
|Ascent|Prevention|“|49,201|(49,201)|‘|3|
|LCFAscent EndingANKA|Project Harmful|Practices|-|35,372|(35,372)|“|-|
|-|72,666|(72,666)|-|.|
|GLA|-|Floating Support|“|74,661|(74,661)|“|4|
|GLA|-|NRPF|:|49,150|(49,150)|:|a|
|Henry Smith|-|84,354|(84,359)|-|-|
|Big|Lottery Fund|-|39,936|{39,936}|-|.|
|P&LB Haringey ACT|BME Specialist IDVA|-|105,000|(105,000)|“|-|
|LB Hackney By and For IDVA|-|49,000|(49,000)||+|
|“|14,792|(14,792)||-|
|IBAALB islington Counselling|+|47,410|(42,410)|-|.|
|:|972,552|(972,552)|ao|
|Unrestricted:|
|Functional fixed assets|9,561|:|(5,270)|«.|48,0004,291|
|Staff & maternity fund|48,000|w|“-|25,060|50,000|
|BuildingRunning fund costs tund|275,00025,000|“|“|30,000|305,000|
|meena|
|General reserve|cua62,753eae|eeepc22,760|ae|amr|{4,147}|(55,000)|26,366|
|saciapacst|teen|cause seit|NOMAD) nicitee|a pn|i|nesas|eauAOL|
|Total Funds|420,314|995,312|{981,969}|“|433,657|
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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 retain the surplus funds to be used for the general purposes of the charity, at the discretion of the trustees.
VCSRestricted infrastructure:funds: 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 VAG 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.
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IMECE Women's Centre Ltd {Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2025
18 Analysis of funds (continued):
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: 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.
L 8 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. levelsL 8 Haringeyof risk. BME Specialist IDVA: Providing crises intervention support to all BAME women living in Haringey. Working with ail speakingIBAA Partnership: women. Advice partnership where {MECE provides advice to Turkish, Kurdish and Cypriot Turkish and any other Turkish LCF ANKA Project - Recovery, resettlement and resilience project. IMECE provides one-one long term practical support, resilience groups and follow up check-ins after case closures. LC Ascent Prevention: Funded by London Councils aims to strengthen schools’ responses to tackle gender-based violence by embedding a ‘Whole Schooi Approach' to prevention. Ascent Advice Plus: Additional resource funded by MOPAC to increase capacity of LC Advice & Counselling work. LB Hackney By and For IDVA: Service support with casework crisis intervention support Hackney Black African and Carribbean heritage women effected by VAWG and Harrmful Practices who have been deemed high risk and current MARAC intervention. 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. ceaseStaff &activities. Maternity Fund: Funds set aside to cover maternity pay in excess of SMP and future redundancy costs should the charity secureRunning alternative Costs Fund:sourcesFundsof set funds. aside to cover running costs for four to six months should funding cease to enable the charity to Building Fund: Funds set aside to cover future potential liabilties arising from disputes relating to maintenance of the building and potential legal costs arising from sucts disputes. General reserve: The fund represents the free funds ofthe charity which are not designated for a particular purpose.
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|---|---|---|---|---|---|---|---|
|iMECE Women's|Centre|Ltd|
|(Private Company Limited by Guarantee)|
|Notes to the financial|statements|
|for the year ended 31 March 2025|oe|
|18|Analysis of funds (continued):|2023/24|
|-|
|Analysis of funds by project|8/Fwd-|income22,000|Expenditure(22,000)|Transfers-|C/twd|
|VCS|Infrastructure|-|148,000|(148,000)|.|-|
|Samira|Project|-|27,066|(27,066)|.|
|WiserAscentProject, Advice & Counselling|”.|75,59347,834|(75,593)(47,834)|-“|--|
|AscentAscent AdvicePreventionPlus|““|25,5004,086|(25,500)(4,086)|.“|“|
|LCF|ANKA|Project|
|.|
|AscentGLA|-|Floating Ending HarmfulSupport Practices|°”|35,37256,10948,604|(35,372)(56,109)(48,604)|-“-|..|
|GLA|-|NRPF|“|48,200|(49,200)|-|.|
|Henry Smith|“|84,359|{84,359}|-|-|
|Big Lottery|Fund|*|39,936|(39,936)|”|“|
|PpLB& HaringeyACT EHP BME Specialist IDVA|“|105,000|{105,000}|“|““|
|LB Hackney By and Far IDVA|-|49,000|(49,000)|-|-|
|-|14,792|(14,792)|-|
|{BAA|-|47,410|(42,416)|“|
|LB|Islington|Counselling|er Arr|Te|“cima,|srmmmnanusmuamummnmmaiie|
|eS Ls ee|
|Unrestricted:|
|Functional fixed assets|8,173|-|(5,270)“|6,658“|48,0009561|
|StaffBuilding & maternity fund|fund|48,000“|-“|~“|50,00025,000|275,00025,000|
|RunningGeneral reserve costs fund|ectoiinarennammsny,225,00092,820|iia77,232“|| Siemiieae(25,641)AONe|nina,(81,658)|‘mmm62,753|
|eee EE CS|eee scisnnaeets|
|Total Funds|373,993|952,093|(905,772)|«|420,314|
|19|Analysis between fund|balances|2024/25|
|Restricted|Unrestricted|Total|
|£|£|£|
|“|4,291|4,291|
|-|374,471|374,471|
|Tangible fixed|assets|
|Cash|at bank and|in|hand|-|54,495|54,895|
|Other|net current|assets/|(liabilities)|
|Lk|ee.|ice|
|2023/24|
|Restricted|Unrestricted|Total|
|£|£|
|-|9,561|9,561|
|“|371,483|371,483|
|Tangible|fixed|assets|
|Cash|at bank and|in hand|-|39,278|39,270|
|Other|net current|assets/|(liabilities)|
|eee|coolio cen|tae|
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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.
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