SOUTHWARK EVERY WOMAN"S CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31•t MARCH 2024 Charlty Reglstratlon Number: 1116600 LONDON ACCOUNTANCY PRACTICE SOJOURNER TRUTH CENTRE 161 SUMNER ROAO LONDON SE15 6JL
SOUTHWARK EVERY WOMAN'S CENTRE YEAR ENDED 318t MARCH 2024 Page Contents Admlnlstratlve Informatlon Management Committee's Report Independent Examlner's Report Statement of Financial Actlvltles Balance Sheet Notes to the Financial Statements Detailed Incorne and Expenditure
SOUTHWARK EVERY WOMAN"S CENTRE ADMINISTRATIVE INFORMATION AS AT 31•1 MARCH 2024 REGISTRATION DETAILS SOUTHWARK Every Woman's Centre is an unincorporated organisation registered as a charity. Chanty registration number: 1116600 GOVERNING DOCUMENT SOUTHWARK Every Woman's Centre is an UninGorporated organisation governed by the Charities Act 2011 and its constitution. MANAGEMENT COMMITTEE Gbemisola Oguntuya Oloyede................Chair Gloria Pacquette...,..,..,.,..,,..,..,., ..Vice Chair Elizabeth Manly Treasurer Winifred Baiden....................................Secietary Adakou Orome.................................,.....Member PRINCIPAL ADDRESS Southwark Every Woman's Centre Pecan,. 121A Peckham High Street London SE15 SSE INDEPENDENT EXAMINER London Accounlancy Practice Sojourner Truth Centre 161 Sumner Road London SE15 6JL BANKERS Natwest Camberwell (A) Branch 70 Denmark Hill London SE5 8rr
SOUTHWARK EVERY WOMAN'S CENTRE MANAGEMENT COMMITTEE REPORT YEAR ENDED 31st MARCH 2024 The Management Commiltee present theirfinancial statements for the year ended 31st March 2024. PRINCIPAL ACTIVITY To meel the needs of women living in and around the SOUTHWARK Estate, in particular but not limited to the generality of the foregoing., a) The advancement of education and training with a view of enhancing the capacities and skills of women so that they actively participate and meet their own needs in society b) The relief of unemploymenl. c) The Pfomolion of good health. d) The relief of poverty and sickness of people who have been affected by humanitarian disasters internationally. in particular but not exclusively by the provisions of goods medical items, financial support and other means as the trustees in their absolute discretion think fft. STATEMENT OF MAMAGEMENT COMMITTEE RESPONS181LITIES The Management Committee is required to prepare flnancial statements which give a true and fair view of the state of affairs of the project and of the income and expenditure of the project for that period. In preparing those statements the Management Committee are required to: select surtable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent. state whether applicable slandards and statement of recommended practice have been followed, subject to any material departures disclosed and explained in the financial stalements- and prepare the financial statements on the going concern basis unless it is inappropriate to presume thal the project will continue in operation. The Management Committee are responsible for keeping proper records which disclose with reasonable accuracy at any time the financial position of the project. They are also responsible for safeguarding the assets of the project and hence for taking reasonable steps to prevent and detect fraud and other irregularilies. APPROVAL This report w s appr vedbyt nagement Committee on 2024 and signed on their behalf by
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHWARK EVERY WOMAN'S CENTRE ON THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024WHICH ARE SET OUT ON PAGES S Respectlve r08pon81biliti08 of tru8tses and •xamln8r The charily's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2} of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility lo.. examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5}(b) of the 2011 Act, and to state whether particular matters have come to my attention. 8a818 of Independ•nt examinees report My examination was carried out in accordance with the 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 those records. It also includes consideration of any unusual items or disclosures in the accounts, and Seeking explanalions from you as trustees concerning any such matters. The procedures undertaken do not provide all Ihe eviden 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 in the statement below. Independent examiner'8 report In connection with my examination, no matter has come to my attention.. (1) which gives me reasonable cause to believe that in any material respeci the requirements.. to keep accounting records in accordance with section 130 of the2011 Act., and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act. have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper underslanding of the accounts to be reached Signature.. ..Dated..Trl.. . Ade Adebambo, MBA, ACMA, CGMA, ACG London Accountancy Practice Sojourner Truth Centre 161 Sumner Road London, SE15 8JL
SOUTrIWARK EVERYWOMAN'S CENIRE FINANCIAL STAIEMENTS FOR IHE YEAR ENDED 31 hlARCH 2024 Unro8trlctod Restrlctsd 2024 Fund Fund Totsl 2023 Tolal INCOMING RESOURCES Incomlng re8ourc•B from generated funds: Volunlary IrKome Total Incomlng R•souru8 0 46 933 29 333 0 46 933 29,333 Cost Ofgeneratl funds Charhable acllvlti•8 35,800 0 35,800 21,897 Tolal R•sour¢•8 •xp•nd•d 36,800 0 36,800 21897 Net Incomlng Re$ouic08 11,133 0 11,133 7,4 Fund Balanc•s broughtlorward 11,997 0 11,997 Fund balances carrfed forward 0 23130 11997
SOUIHWARK EVERYWOMAN'S CENTrE BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Curr•nlA88•ts Cash at Bank 23,730 12,547 23,730 12,647 Current Llabllllles ACcar Fee 600 550 N•t Curr•nt A8Mts 11,997 Fund8: Unrestnded Fund Restricted FWKI 23,130 11,997 Approved by Managemert and signed on its beha Chairperson ..Treasurer 2024
SOUTHWARK EVERY WOMAN'S CENTRE NOTES TO THE ACCOUNTS YEAR ENDED 3181 MARCH 2024 1. ACCOUNTING POLICIES 1.1 Basis of preparatlon of Flnanclal Statements The financial statements are prepared under the historic cost convention and include the results of the charity's operations which are described in the Management Committee's Report and all of which are continuing. The accounts have been prepared in accordance with the Statements of Recommended Practice for charily accounts. The charity has taken advantage of the exemption of Financial Reporting Standard No 1 from the requirements to produce a cash flow statement on the grounds that it qualifies as a small charity 1.2 Incomlng Resources 1.2.1 Revenue grants are credited to the Statement of Financial Activities on the earlier date of when they are received or when they are receivable, unless they relate to a specific future period. in which case they are included on Ihe Balance Sheet as deferred income to be recognised in the future accounting period. 1.2,2 Grants received for specific purposes are accounted for as restricted funds in the Statement of Financial Activities. 1.3 Restrlcted Funds Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these critena is identified to the fund, together with a fair allocation of management and support costs. 1.4 Unrestrlcted Funds unstrIcted funds are donations and other incomes received or generated for the objeGts of the organisation without further specified purpose and are available for general funds. 1.5 Designated Funds Designated funds are unreslricted funds earmarked by the Managemenl Committee for particular purposes. CREDITORS & ACCRUALS
2024 2023 Accountancy Fees 600 550 SOUIHWARK EVERY WOMAN'S CENTrE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 MARCH 2024 DETAIL INCOME AND EXPENDiniRE Ufirn•trl¢t•d R••trlctsd Fund Fund 2024 Total 2023 Total COMING RESOURCES Rosa Fun L8 Sou1hwa ComMty sOhWart Focu5 GroL TOTAL INCOMING RESOURCES 14.133 32,750 50 46.933 14133 0 32,750 50 0 40933 7.333 22.000 RESOU CES EXPENDEO Chantable ExperKlilwe Salanes Pension contribOn$ Admin Expenses (Laplop) Pnnter Volunteer Exp Teach Inswance Sewing Maclmne Attcacy Websrte PayToI Black History Celebratsons Dormlions Accoimlancy Fees Bank Charge5 21,300 346 424 0 21.300 346 424 17.950 348 100 80 200 762 163 750 1,808 1,7e6 75 6,150 1,978 1.808 1,766 75 6.150 1.978 150 439 300 355 355 998 998 550 108 21.897 0 36,800