COMPANYREGISTrATION NUMBER: 4623222 CHARITY REGISTrATION NUMBER: 1104207 HER COLLECTIVE LTD Company Llmlted by Guarantee Truste88' Report and Flnanclal Statements 31 March 2025 FRED MICHAEL & CO Chartered accountants 12 Town Quay Vtharf Abbey Road Bathing UK IG117BZ
HER COLLECTIVE LTD Company Limited by Guarantee Financial Statsments Year ended 31 March 2025 Page Trustees, annual report (incorporating the directols report) Ind8P8ndent exarninerfs report to the trustees Statement of financial activities (including income and expenditure account) 10 11 Statement of financial position Notes to the financial statements 12 13 The followlng pagas do not fomi part of the flnanclal Statements Detailed statement of financial activities Notes to the detailed statement of financial activities
HER COLLECTIVE LTD Company Llmltod by Guarantee Trustees, Annual Report Ilncorporatlng the Dlrectorfs Report) Year ended 31 March 2025 The trustees. who are also the dlrectors for the purposes of company law. present thelr report and the unaud6ted financlal statements oflhe charlty for the year ended 31 March 2025. R•f•r•nce and admlnl8tratlv• d•talls R•gl•t•r•d charlty nam• HER COLLECTIVE LTD Charlty regl8lrntlon number 1104207 Company r•g18tratlon numb•r 4e23222 Prlnclpal offlc• and reglst•r•d 21 &224 Heathway office The Mall Dagenham RM10 8QS Essex Th• trust••• ATESS GAKONA (Appointed 81h June 2024) EVA M&4W (Appolnted 22" October 2022) NANCY MOGOKO (Appointed 8th July 2024) FRANK AMBEI (Appolnted 12" June 2009) Ind•pnd•nt •xamln•r Fred Mlchael & Co 12 Town Quay W7b8rf Abbey Road 8ad(Ing UK IG1178Z
HER COLLECTIVE LTD Company Llmited by Guarantee Trustees, Annual Report (Incorporatlng the Directof s Report) (¢onUnu• Year ended 31 March 2025 Structurn. qov•manc• and management Govern5ng Document The organlsatlon Is a charitable company lImed by guarantee, 5ncorporated on DEC 2002 and registered as a Charity on 8 June 2004. The company was established under the company act 2005 and is governed by lis Memorandum and Articles of Associatlon. In the event of the company being wound up, members 8re required to contribute an amount not exceeding £1. Board of Trustee8 The direciors of the company are also charity trustees for the purposes of charfty law and under Ihe cornpany's Articles are known as members of the board of trustees. Under the requirements of the Memorandum and Artlcles ol Assodatlon the members of the board of trustees are elected at the AGM to 8dmlnister the charlty. The trustees give thelr t11r voluntarily and receive no benefrts from the char*y. New trusiees are Inducted to famlllarlse themselves wllh the charliy and the context wtthln whlch It operates Includlno maln documents wttlch set out the op6rational framewort for the charity such as the Memorandum and Artlcles and the latest publlshed accounts Organlutlonal 8tructur• To f8clllt8te effedive operatlons, the programme rnanager h8s delegated 8Uthority, wlthln tenrs of delegation approved by the tnjstees, for operation81 matters including finance and employment. The charity also has a young people's board whlch acts 8S the Volce of young people and glves Irectlons on 811 matters of youth partlclpatlon and Involvement. Rlsk Manag•ment The board of trustees, on an annual basls, conducts a re8W of the major rlsks to whlch the chartly Is exposed, where appropriate plans are put In place to mitigate any rlsks the charity may face, Procedures are In place to ensure compllance wllh hearth and safety, tlnanclal management, chlkl protectlon and safeguarding. Maln ObJectlv•8 To promote the benefrt of young people, in particular t1 not excluslvely of African and Caribbean young women and glr15, between the ages of 5 Snd 25 years In the UK and elsewhe, In partlcular to preserve and protect good health, adv8nce education 8nd Iraining, relieve poverty and dlstress and to provkle f8cillties in the Interest of soclal welfare for recreation and other lelsure-tlme acilvttles Thls Flnanclal Y•ar'$ Goals Durina this financial year, Her Collective has buitt on tts prevlous objectives, further engaging beneficiarles toward deeper, sustained outcomes for young girls and women aged 5-25 and their famiSies predominantly resident In Barklng & Dagenham and Havedng. Our focus has remained on supportlng those most affecled by poverty, ksolation, and multiple dlsadvantages, whilst strengthening pathways that support longer-tem resillence, confKlence, and opportunity.
HER COLLECTIVE LTD Company Llmited by Guarantee Trustees, Annual Report (Incorporatlng the Dlrectorfs Report) fconthuodj Yoar ended 31 March 2025 To achieve this. we strengthened our hollstlc, Ilved-experlence-led support models and created consistent, trusted spaces for engagement. Thks focus supported progress toward the following objectlves., Reduclng social Isolation by strengthening peer connection, engagement, and communliy belonolng Improvlng physlcal health and well-being through active music and dance sesslons Developlng pr8Ctlcal Ilfe skllls and confbjence to support Independence Exp8ndlng opportunitles for trainlng, volunteerlng, and leadershlp Continuing to address food poverty, hunger, and distress in response to ongolng cost-of-livina pressures Strengthenlng rnotlvatlon, self-confklence, and self-esteem Supporting Improved commitment to educatlon through homework clubs and by addresslng underlylng challenges Reduce IncKlence of111 hearth and Improve ment81 he8lih Actlvltl•$ Demand for our support remalned hlgh, wtth Incre8slng complexlty of need. In partlcular, we saw a rlse In domestlc abuse and vlolence, Includlng cases Involving teenage glds Ilvlng wlih ly)yfrlends or extended famlly members, alongslde ongolng pressures Ilnked to poverty. househokl care responslbllttles, houslng insecurity, and poor mental hearth. The young people and famllles we supported commonly experlenced one or more of the followlng dlsadvantages: Domestic abuse and violence InvolvemeM In care andlor experlences of runnlno away Food poverty, hunger. and acute finandal hardshlp Prevlous contact or at rfsk of cont8d with the youth Justice system Mental health, body Image, and wlder wellbelng challenges Bullylng, raclsm, and other fomis of marginallsaiion C8ring responsibiliiies a young age Mlgr8tlon-rel8ted challenges. Incjuding boing new mbgrants, refugees, or asylum seekeryJ To 8chleve our annual goals, we dellvered the followlng actlvliles, led by p8kl st8ff and supported by trained peer and adutt volunteers, known within the community as 'blg sisters. and 'aunties" respedively: Heatih and wellbelng support, includlng ernotlonal support, practlcal advlce, and slgnpostlng, escorting, and referrals to relevant heamh and wellbeing services Recreational and soclal activities, including dance, music, sports, creative sessions, and group outlnos Peer and Intergenerational peer group support actlvrtles, Indudlng breakfast clubs for mothers Intenslve parents, support, Indudlng 8dvice on p8rentlng, identlty development, and uos&cuttural parentlng, alonoslde pr8Ctical help Food and baslc essentlals support, including fo¢)d deliveries and vouchers for famllles In severe need Educatlon, tralning, employment, and career guKlance
HER COLLECTIVE LTD Company Llmited by Guarantee Trustees, Annual Report (Incorporatlng the Dlractorfs Report) (¢onthiu•d) Year ended 31 March 2025 Lrfe skills workshops and training coverlng healthy livlno, food preparation, emotlonal wellbeing. safety, confllcl resolutlon, and resillenc6 Mentorlng support, Includlng peer mentoring and one-to-one guKlance Strnt•glc r•port The following sectbns for achlevements and perfomiance and flnanclal revlew fom th6 Strateglc report of the charlty. Achievements and performance Outrgach io corn beneficlaries Through a mlx of In-house delivery, outreach, and detached yothh WO methods, Including face-to-face and remote support, we reaGhed approximately 1000 direct beneficiaries and over 3,800 indirect beneficlaries. The majority were young glrls and women and their famllles from dlsadvantaged Black and mlnorttlsed communttles, many faclng mumlple and overfapplng rfsks. R•crult•d and traln•d morn voluntMr• We strengthened our volunteer base by recruIng 20 new aduli volunteers, Includlng 15 new 'Aunlles', Thls further ernbedded our cultur811y responsive, cornmunlty-led mentorlng model, enabllng twst8d mother-figure volunteers to provide consistent, relationshlpbased support to young girt5 and young women na¥4oatlng complex personal 8nd famSly challenges. Organlsatlonal development We contlnued to strengthen oaniSa1k>nal capaclly thrDugh targeted Investment In systewts, govemance. and workforce development. This Included Improvements to safeguardlng practSce, volunteer support and SupeISIOn, financlal management, and fundralslng capabillty. These developments supported more stable dellvery, Improved retentlon of staff and volunteers, and Increased our abllfty to respond flexlbly to rising levels of need whlle malntainlng quallty and accountablllty. Outcomes At the end of the year, evaluation of our work wlth benefici8ries showed the followlng outcomes., 91% of beneficlaries reported reduced soclal Isolatlon and lonellness 88% reported improved mental and physical heatth and overall wellbeing 88% reported an improved sense of communlty belonging 92% were reglstered wlttt a GP andlor other heah practitioners 71 % reported belng able to avoid further physical abuse and fell safer 84% reported Improved Ilfe skllls and greater ablllty to self-manage and address personal challenges Independently 78% reported having made new friends 92% reported feellng h8ppl8r and rn0 posiilve about thelr Ilves 33% reported an Increase In househok1 Income 81 % reported securing employment, tralning, volunteering, or a leadership rol8 Outcomes were assessed uslng a cornblnatlon of infomial focus group discusslons, twlce-yearly surveys and self-assessment questionnaires, and one-to-one interviews with benefic18rles, allowing both quantitative trends and lived experiences to inform our evaluation,
HER COLLECTIVE LTD Company Llmlted by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectorfs Roport) {¢¢ndn Year ended 31 March 2025 Financlal revlew Flnanclal regult Resulls for the ye8r ended 31 March 2025 are given in the Statement of Flnanclal Actlvltles. The assets and liabllities are given in the Balance Sheet. The financial statements should be read in conjunction wlth the related notes. In summary, Incomlng resources amounted to £74,164 and resources expended totaled £78,7300, resultlng In a deficit In the amount of £4,604 The Net Reserves of the oroanisatlon as at 31 March 2025 was £25,167 R•serv•• Pollcy In Ilne wlth our reserve pollcy, the charliy has to hold free unrestricted funds not committed or Invested In tangible fixed assets equiv816nt to between 3 and 8 months of its operating cost. Budgeted operaiing cost expendtture for 202512819 £ 66,300 on a larget range of £16,1575 to £ 33,1BO. Our current free reserrfes of £22,100 wlthln the taroet range of our reserve policy and a good safety net Futur• Plans The charlty plans to contlnue the ad1VleS outllned above In the forthcomlnG years subject to satisfactory funding arrangements. The charliy wlll also contlnue to recrurt more volunteers {yOUDg and old) and work towards empowerlng and developlng thelr capactty In order to en8ble them to support our current staff and eventually take more responsibility within the org8nisalion. We are also almlng to move many of our indoor activrti65 to a more spacious Family Hub with better accesslble f8cilrtles. This w511 help us expand our support and reach more chlldren and mothers from pregnancy up to 12 y88rs old.
HER COLLECTIVE LTD Company Llmlted by Guarantee Trustees, Annual Report (Incorporatlng the Directo¢s Report) (cu Year ended 31 March 2025 small company provlslon• Thls report has been prepared In accordance wlth Ihe provislons applicable to companies entltled to the small companles exemptlon. The trustees, annual report and the strateglc report were approved on 23rd11212025 and slgned on behalf ofthe board oltrusiees by: Mr FRANK AMBEI Trustee
HER COLLECTIVE LTD Company Limitsd by Guarantee Independent Examiner's Report to the Trustees of HER COLLECTIVE LTD Year ended 31 March 2025 I report to the trustees on my examination of the financial statements of HER COLLECTIVE LTD ('the charity,) for the year ended 31 March 2025. Respon8lbilities and basis of roport As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'}. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent examlnerf8 8tatemont I have completed my examlnation. I conflrm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Independent Examiner 12 Town Abbey Barking UK IG117BZ oa FRED MICHIEL E CO LID Chartered Certifled Accountan Quay Wharf. Abbgy Rood. BarKlng IGM 7BI
HER COLLECTIVE LTD Company Llmited by Guarantee Statement of Financial Actlvities (Includlng Incoma and expendlture account) Year ended 31 March 2025 2026 Restricted fuThls Total fund8 Total funds 2024 UnrestriLxed funds Income and •ndovmi•nts Donations and legacles Total Income 24.455 24,455 49,709 49,709 74,164 74,164 83,526 83,526 Expendlture Expendtture on charltable actlvilies Total expendltur• 29,034 49,733 49,733 78,788 70,255 70,255 29,034 78,768 Net (exp•ndlluraVlncom• and n•t movement In funds (4,579) (24) (4,804) 13,271 Reconclllatlon of lundg Total funds brought forward Total fund8 carrl•d forward 29,789 25,190 29,770 11,541 24,812 (23) 25,187 The statement of financlal actlvttles Includes all galns and losses recognlsed In the year. All Income and expendlture derfve from contlnulng actlvttles. Th• notm on pag•• 13 to 22 form part of th••• flnanclal stat•m•nts.
HER COLLECTIVE LTD Company Llmited by Guarantee Statement of Flnanclal Posltlon 31 March 2025 2025 2024 Flxed assgts Tangible fKed assets 11 1.887 Currnnl as$•t Deixors Cash at bank and in hand 12 10,467 14,032 24,499 24,145 24.145 Credltors: amounts falllng due wlthln on• year Noi curr•nt a8s•t8 13 1,200 23,299 25,168 24.145 24,812 Total as8•ts l••• currnnt Ilabllltlo• Funds of tho charlty Restrfcted funds Unrestricted fvnds (23) 25,190 25,167 5,605 19,207 24,812 Total charlty fuNIs 15 For the year endlng 31 March 2025 the charity was entttled to exemptlon from audlt under sertSon 477 of the Companles Aci 2008 relatlng to sm811 companles. Dlrectors, responslbllttles: The members have not requlred the company to otrtaln an audtt of Its financlal statements for the year In question In accordance wlth sectlon 476,. The dlrectors acknowledge thelr responslbllltles lor complylng wSth the requlrements of the Act wfth respect to accountlng records and the preparatlon of Ilnanclal statements. These flnanclal statements h8ve been prepared In accordan¢8 wlth the provlslons appllcable io compan185 subject to the small companles, regime. These flnanclal stements were approved by tho Ix)ard of trustees and authorlsed for Issue on 23rd11212025 and are slgned on behalf of the boaffl by: Mr FRANKAMBEI Trustee Th• not•• on pag•• 13 to 22 lomi pArt tho•• fln*n¢lal •tat•m•nts.
HER COLLECTIVE LTD Company Llmlted by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General inforniatlon The charity is a public benefrt entity and a private company limited by guarantee, registered In England and Wales and a reglstered chartty in England and Wales. The address ofthe registered office Is 218-224 Heathway, The Mall, Dagenham, RM10 8QS, Essex 8tstsment of compllance These flnanclal statements have been prepared In compllance with FRS 102, The Flnancial Reportlng Standard applicable in the UK and the Republlc of Ireland,, the Statement of Recommended Practlce appllcable to charltles preparlng thelr accounts In accordance wllh the Flnanc181 Reportlng Standard appllcable In the UK and Republic of Ireland {FRS 102) (Charitles SORP (FRS 102)) and the Companles Aca 2006. Accountlng pollcloi 8ag1g of prnparatlon The financlal statements have been prepared on the hbstorlcal cost basls, as modlfied by the revaluatlon of certaln financlal assets and 118bllllles 8nd Investment propertles measured at falr value through Income or expendrture. The flnanclal statements are prep8red In sterflng, whlch Is the funtalonal currency of the entty. Golng conc•m There are no malerlal uncertalntles about the charlty's abllSty to conl5nue. D18clo8ur• •x•mptlonA The entmy s8tlsfies the criterla of belng 8 quallfying entfty as defined In FRS 102. (a) No cash flow statement has be6n presented for the company. (b) Dlsclosures In respect of flnanclal instruments have not been presented. Judg•m•nts and k•y sourc•s of •stlmatlon unc•rtalnty The prep8raiion of the financial statements requlres m8nagement to m8ke judgements, estimates and assumptlons that affect the amounts reported. These estimates and judgements are coniinually reviewed and are based on experience and other factors, Includlng expectations of future events that are belleved to be reasonable under the clrcumstances. 10
HER COLLECTIVE LTD Company Llmited by Guarantee Notes to the Flnanclal Statement8 Year ondod 31 March 2026 Accounting pollclas {thd) Fund a¢couniing Unrestricted funds are av8118ble for use at the dlscretion of the trustees to further any of the charlty's purposes. Desbnated funds are unrestricted funds 8amiarked by the trustees for particular future proje or Gommliment. Restrlcted funds are subjected to restrlcllons on thelr expendliure declared by the donor or through the tenns of an appeal, and fall into one of two sU¢laSSeS. restricted Income funds or endowment funds. Incomlng r•sourc•s All incomlng resources are Included In the Siatement ol financl818Ctivftles when entftlement has passed to the charity., it is probable that the economic benefrts associated wlth the transaction wlll flow to the charity and the amount can be rellably measured. The followlng specific policles are applled to partlcular categorles of Income: Income from donatlons or Grants Is r8cthJnSsed when there Is 8vkl8nce of entttlement to tho gfft, recelpt Is probable and its amount can be measu1 reliably. legacy Income is recognlsed when recelpt is pffjbable and entitlement Is establtshed. Income from donated goods Is measured at the falr value ol the goods unless this Is Impractlcal to measure rellably, In whlch case the value Is derlved from the cost to the donor or the estlmated resale value. Donated facilmles and services are recognlsed In the accounts when received If the value can be rellably measured. No amounts are Included for the contr6butlon of general volunteers. Income from contracts for the supply of servlces Ss recognlsed wlih the delivery of the contracted servlce. Thls Is classified as unrestrlcted funds unless there Is 8 contrartual requlrement for K to be spent on a partlcular wrpose and reiumed If unspent, In whlch case 11 may be regarded as restrlGted, 11
HER COLLECTIVE LTD Company Llmited by Guarantee Notes to the Flnancial Stat8m6ntS Year ended 31 March 2025 Accouniing pollcl•$ (contthu•dJ R•$our¢es •xp•nded Expendliure Is recognised on an accruals basis as a liabllliy Is incurred. Expenditure includes any VAT which cannot be fully recovered, and 13 c18ssified under heading3 of the statement of financial activrties to wttlch It relates.. expenditure on raislng funds Includes the costs of all fundralslng actlvmles, events. non- charkable tradlng actlvltles, and the sal8 of donated goods. expendtture on charltable actlvrtles Includes all cosis Incurred by a Charlty In undertaklng activitles that further Its charitable alms for the beneftt of S benellclari8s, including those support costs and costs relatlng to the govemance of the charlty apportioned to charttable actiiAties. other expendlture Includes 811 expenditure that Is neither relaled to ralsing funds for the charlty nor part of Its expendlture on charitable acllvliles, All costs are 811ocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a slngle activlty are allocated dlrectly to that actlvlty. Shared costs are apportloned between the actlvities they contribute to on a reasonable, Justifiable and consistent basls. Op•ratlng l•a••• Lease payments are recognlsed as an expense ov8r the lease term on a Strah1-11ne basls. The aggregate benefft of lease incentSves is recognlsed as a reductlon to expense over the lease temi, on a straight-llne basis. Tanglbl• asg•ts Tanglble assets are Inltially recorded at cost, and subsequently stated at cost 18s5 any accumulated depreclatlon and Impalmnt losses. Any tangible 85sets carrled at revalued amounts are recorded at the lair value at the date of revaluatlon less any subsequent accumulated depreclatlon and subsequent auMUlated Impalrment losses. An Increase In the carylng amount of an asset as a result of a revaluatlon, Is recognlsed In other recognised g8ins and losses, unless it reverses a charge for imp8irment that has previously been recognised 85 expenditure wtihln the statemeni of financial activities. A decrease In the carying amount of 8n asset as a resutt of revaluation, bs recognised in other recognised galns and losses, except to which rt offsets any prevlous rev8luatlon gain, In which case the loss Is shown withln other recognised gains and losses on the statement of financial activitles. D•pr•clatlon Depreciatlon Is calculated so as to write off the cost or valuation of an asset, less lis residual value, over the useful economlc Ilfe of that asset as follows.. 12
HER COLLECTIVE LTD Company Llmlted by Guarantee Notes to the Flnancial Statements fconthxm Year ended 31 March 2025 Accounting polici85 fcothu•dJ Impalment of fix•d assets A revlew for Sndicators of imp8lmient is Carried out at each reportlng date, with the recoverable amount being estlmated where such indicators exist. Vthere the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impaimients are also reviewed for possible reversal al each reportlng date. For the purposes of Impalmient testlng, when tt Is not posslble to estlmate thè recoverable amount of an indivldual asset, an estlmate Is made of the recoverable amount of the cash- generatlng unlt to which the asset belongs. The Cashenerating unit is the smallest Identlf18ble group of 85sets that includes the asset and generates cash Inflows that larGety Independent of the cash inflows from other assets or groups of assets. For Imp8iment lestlng of goodwill, the goodwill acquired In a business combinatlon Is, from the acqulsiiion date, allocated to each of the cash-generating units that are expected to benefrt from the synergies of the comblnatlon, Irrespertlve of whether other assets or Ilabilltles of the Charlty are assigned to those unils. Flnanclal lnrUM•nts A financlal asset or a financlal liabillty is recognised only when the ch8rlty b8cornes a party to the coniractual provlsSons of the Instrument. Basic financlal instruments are Inltlally recognlsed at the 8mount racelvable or payable Including any related transactlon costs. Current assets and Cuffent liabilrties are subsequently rneasured at the cash or other conskjeratlon expected to be pald or recelved and not dlscounted. Debt Instruments are subsequently measured at amortlsed cost, Vlthere Investments In shares are publlcly traded or thelr fair value can otherwlse be measured reliably, the investment Is subsequently measured at fair value with changes in fair value recognlsed In Income and expendrture. All other such Investments 8re subsequently measured at cost less Impalm)ent. Other financlal Instruments, InclLKling derivatlves, are Inllially recognised at falr value, unless payment for an asset Is deferred beyond normal business tems or financed at a rate of interest that Is not a market rate, in which case the asset Is rrEasured 8t the present value of the fulure payments discounted at a market rate of interest for a similar debt instrument. Other financlal instruments are subsequently me8sured at fair value, wfth any changes recognlsed In Ihe statement of financlal 8Ctlvltles, wlth the exceptlon of hedglng Instruments In designated hedging relationshlp. Flnanclal assets that are measured at cost or amortlsed cost are revlewed for objective evvdence of impaimient 8t the end of each reporting date. If there is objective evidence of impaiment, an impairment loss is recognlsed under the appropriate heading In the statement of financial actlvrtles In whlch the inltlal gain was recognised. 13
HER COLLECTIVE LTD Company Llmited by Guarantee Notes to the Flnancial Stat8ment8 (eonWrnM¢ Year ended 31 March 2025 Accountlng poll¢l•s (¢oMthu•d) Flnancial Instruments For all equhy Instruments regardless of slgnlficance, and other financial assets that 8re Indlvidually SnIficant, these are assessed indlvidually for impairment. Other financSal assets are erther assessed indwually or Grouped on the basis of slmllar credil risk characieristlcs. Any reversals of Impairnent are recognised immedlately, to the eent that the reversal does not result in a carrying amount of the financlal asset that exceeds what the carrylng amount would have been had the Impalnnent not previously been recoonlsed. Defined contrfbutlon plani ContrlbutSons to deflned contrlbutlon p18ns are recognlsed as an expense In the perlod In which the related servlce Is provKled. Prepaid contributions are recognlsed as an asset to the aent that the prepayment wlll lead to a reductlon In future payments or a cash refvnd. Vvhen contributlons are not expected io be settled wholly wfthln 12 months of the end of the reportlng date In whSch the employees render the related servlce, the Ilabllliy Is measured on discounted present value basls. The unwinding of the discount Is recognised as an expense In the period In whlch It arises. Llmlt•d byguarant Her Collectlve LTD Is a company Ilmlted by guarantee arKI aCcordIng does not have a share capital. Every member of the company undertakes to contrfbute such amount as may be required not exceeding £1 to the assets of the chartt8ble company in the event of Ms belng wound up whlle he or she Is 8 member, or wtthin one year after he or she ceases to be a member. Donatlons and l•gach8 Unrestrfcted Funds Restricted Total Fund8 FurKIs 2025 Donatlons Other Incomes 9.240 9,240 14
HER COLLECTIVE LTD Company Llmlted by Guarantee Not88 to the Flnancial Statements (c*nu•1 Year ended 31 March 2025 Donatlonj and logaci•s (¢(vthu•d) Unrestricled Funds Restri&ed Total Funds Funds 2025 Grants London Foundatk)n Rosa Fund UK Youth Awards for All London Communliy Peoples Health TNst Refunds LCF-MOPAC Grants recelvable typ8 9 4,300 4,300 10,487 9,879 18,732 20,146 18,732 448 21,298 21.298 24,455 49,709 74,164 Unrestrfded Funds Restried Tota5 Funds Funds 2024 Donatlong Other Incomes 1,200 1,200 Grants London Foundath)n Rosa Fund UK Youth Awards for All London Communliy Peoples Heatth Trust Refunds LCF-MOPAC Grants recelvable type 9 10.000 38,318 4,300 10,000 10,000 38,318 4,300 10.000 8,988 8,968 10,440 4,300 83,528 10,440 4,300 15,940 67,588 16
HER COLLECTIVE LTD Company Llmlted by Guarantee Notes to the Flnancial Statements (cond Year endod 31 March 2025 Expendlturn on charitable athivili•$ by fund typ• Unrestricted Funds Restrlded Total Funds Funds 2020 life Skllls and Practlcal Supp)rt Educatlon , Training and Employment Health & WellbeirKJ Recreational & Soclal Actlvftles Parent's & Household Support Support costs 17,935 2.712 32,985 18,165 50,899 18,879 8,387 29,034 8,990 78,788 49,733 Unrestricted Funds R8Strlded Tolal Funds Funds 2024 Ille Skllls and Practlcal SupFJ)rt Education , Trainino and Employment Heatth & Wellbelng Recreational & Soc181 Actlvities Parent's & Housahold Support Support costs 8.273 39,729 4,024 4,531 9,399 4,299 48,002 4,024 4,531 9,399 4.299 8,273 61,982 .70,255 Expondltur• on charftabl• actfvltle$ by actlvlty typo Acllvftles undertaken dlrectly Support costs Total funds 2026 Total fund 2024 Ilfe Skllls 8nd practal Support Educatlon , Training and Employmerrt Heatth & WellbelrvJ Recreational & Soclal AC*1111eS Parent's & Household Support 50,899 18,879 8,990 59,889 18,879 48,002 4,024 4.531 9,399 4.299 69.778 78,788 70,255 Nei (exp8ndtturnylncom• Net {expendliure)Ilncome Is stated after chargSngl(credltlng)'. 2025 2024 Operallng lease rentals 1,326 16
HER COLLECTIVE LTD Company Llmlted by Guarantee Notes to the Flnancial Statements (eonttm Year ended 31 March 2025 Staff costs The total staff costs and employee benefrts for the reportlng period are analysed as follthvs.. 2025 2024 Wages and salarles Social securlty costs Employer contributlons to penSn plans Other employee beneflts 50,871 35,879 6,852 858 2,75S 48,344 4,821 1,838 57,128 The average head count of employees durlng the year was 2 (2024.. 2>. No employee recelved ernployee beneffts of more than £60,000 durlng the ye8r (2024.. NII). 10. Tru8t•e rnmun•ratlon and •xp•ns•s no remuneration or other beneffts from employment wmh the chaiTly or a related entlty were recelved by the trustees., 11. Tanglbl• fix•d as8•ts Flxtur•$ and flttings Co8t At 1 Aprfl 2024 Addltions 11,706 1.200 At 31 March 2025 12,908 D•prnclation At 1 Aprll 2024 and 31 March 2026 Carrylng amount At 31 March 2025 11,039 1,887 At 31 March 2024 12. Debtors 2026 2024 Trade debtor& 10,487 13. Crndiior8'. amounts falllng duo wlthln on• year 2026 2024 Bank loans and overdrafts 1.200 17
HER COLLECTIVE LTD Company Limited by Guarantee Notes to the Financlal Stat8m8ntS (e(Mthw(O Year ended 31 March 2025 14. P•n$lons and other post rntirnmènt benefrts Defined contrlbution plans The amount recognlsed In 5ncoffle or expendlture as an expense Sn relation to deflned contribution plans was £4,621 (2024.. £858). 16. Analy818 of charltabl• fund• Unrestrlcted funds At 31 March 202 At 1 Aprll 2024 Income ExFenditure General funds 29.769 24,455 (29,034 25,190 At 31 March 202 At 1 Aprll 2023 Income Expendl(ure General funds Garfield- Foundatlon 11,540 11,435 4,505 15,940 (3.7881 (4,5051 (8,2731 19,207 11,540 19,207 18
HER COLLECTIVE LTD Company Llmlted by Guarantee Notes to the Flnanclal Statements (c Year ended 31 March 2025 16. Analysls of charltabl• funds (¢ Restrlcted funds At 31 March 202 At 1 Aprfl 2024 Incorne Expendiiure Gener81 Funds- Prepayments Restrlcted Fund 2 - desc In alas Post Code Fund ROI-Baudouin Restricted fund 10 - desc In alcs (35.109) 39,348 24,586 (39,3481 (10,523) 27,098 18,372 49,709 (20,401) (14,5701 (49.7331 8,897 3,802 (23) At 31 March 202 At l Apr512023 Income ExpendUre General Funds- Prepayments Restricted Fund 2- desc In al( Restricied Fund 3- desc In alc5 Post Code Fund ROI.88udouin Health Forum Restricted fund 10 - desc In alcs 15,210 20,868 6,968 (19,844) (17,S48} (e,9681 (4,634) 3,120 10,440 4,300 10,000 87,588 (4,840) (2,982) (10,0001 (81,9821 5,800 1,318 5,605 19