REGISTERED COMPANY NUMBER: 05664659 (England and W•le8)
REGISTEREL) CHARITY NUMBER: 1118613
Roport oltho Tru8t••8 and
Flnanclal 8tat•m•nts for th• Yur End•d 31 D•GOrnbor 2023
for
WQMENQTHewELL
Knox Cropper LLP
Chartered Accountants and Statutory Auditors
153-155 London Road
Hem81 Hempslead
Hertfordshire
HP3 9SQ

WOMEN
THEWELL
Contènts of the Flnanclal Stat&mgnts
for the Year Ended 31 DeCem￿r 2023
Page
Roforence and Admlnhtratfvo Dotall•
Report ol th• Truste
2 to 11
R•port ofthe Indep•ndent Audltorn
12 to 14
8tstsmont of Flnanclal Actlv5tl••
15
Bolance Sh•et
18
Cash Flow 8tstsm•nt
17
Nots• to tho Ca•h Flow Stat•mont
18
Not•• to th• Fln•n¢lal 8tstsm•nt•
19 10 27

WOMEN
THEWELL
R•ferenco and Admlnlgtratlve Dètalll
for th• Yoar Endfjd 31 Decgmbor 2023
TRUSTEES
Sr S Browne
Dr A Daughton (appolnted 1.10.231
F Dick
Sr K Heron
Sr B Holm88
M Meatcher
J Morris
Dr A RovAands
A Geatrell {resign¢d 5.12.231
REGISTEREO OFFICE
54.55 Birkenhead Strogt
'ng$ Cross
London
1H 888
REGISTERED COMPANY
NUMBER
05664859 IEr¥Jland and Wale81
REGISTERED CHARiri
NUM8ER
1118813
AUDITORS
Knox CropFer LLP
Chartered Accountant8 and Statul(Yy Audit(Jr8
153-155 London Road
Hemel Hemp¥lgad
H8rtfordshire
HP3 9SQ
Page 1

WOMEN
THEWELL IREGISTEREO NUMBER: 056646591
Report ofthe Trustees
for the Y8ar Ended 31 D•cember 2023
The trustees who aTe also directors of the charity for the purposes of the Companies Act 2006, wesent their
report with the finanaal statements of the charity for the year ended 31 December 2023. The trustees have
adopted the provisions of Accounting and Reporting by Char￿.es.. Statement of Recommended Practice
applicable io charities preparing their accounts in accordance wth the Finanaal Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191.
08JECTIVES AND AcnMnES
ObJectlvos and alm8
Women al The Well is a support service fc* women faong multsple disadvantages and social exclusion,
based in the King's Cross area of central London. Wè have a specialism in workn'ng Mlh women whosg lives
are affected by pr051ilulion. trafficking and felated forms of sexual exploitation. Our work 15 delivered at our
day c¢nlre in Kings Cr0s5 ond through a small outreach team who meet women on the streets acro
London, It is holistic, trauma Informed and a unique, open-ended offef to some of the most marginalised
women In London. We also 8eek to Influenr* the opinion of everyone who can improve aitiludes and pcAicy
toward8 these women. Including put4ic sector professiona13, pdicy makers 8nO the public,
La$1 year there were 2,048 vi$i1s lo our erop-in centre. More than 500 women acces8ed some form ol advice
or 5UPPOrt from our support worker5, and our outreach team roached 424 women Sn different parts of London.
We estimale that last year more than half of the women stayed safe and m8de 80me form of progress across
different area8 of Ihthr lives (including secure houslNJ, support with addlcllon8, re81oring famlly reLglion8hip8,
cessing heatthcare and morel following our support.
Our charltabl• object8
'To promote the benefit of the women Inhabltanls of England and Wales ond in p8rticu18r vulnerable women
by Ihg relief of those who are in need, hardship or dist￿$6, the advancement ol good hoalth, the proviwon of
safe place and advice training and 8UPPOrt 8ervice8 and by assisting in the provision ol education, Ifaining
and 8UPPOrt in finding employmenl..
Our Curr•nt Stratoglc Obloctlvo•
Our vl8lon 1$ a $ociely in whith all women are empowered to achleve their full polentlal free from
di8cnminalion. abuse and neglect.
Our mlsslon is lo work towards full abolition ol pr081ilulion. Groundad in Catholic Sorial Tea¢hing, we seek
to 6nsure that all women trapped in prDstrtul￿jn a￿ given hope and are supported lo see that an allwnalive
future is possible. Through our eviden¢0 boged exemplgr mojel, we provide women with cOmp￿￿en61¥e
support lo exil prostitution.
Our Strateglc Oblectlves are:
1. To provide proactiv&, supportive services lo women involved in, or al risk of bgcoming involved in,
proslilulion and other aspects ol the sex trade, meeting women where they are..
2. To provide a 3peGi81is1, trauma responsive service in a creab've and supporb've environment,,
3. To enable women lo develop suslalnable exit $tralegi8s from involvement in pro8trtulion and the complex
cycle8 of abuse that il is assoaaled ￿th",
4. To support extern81 agencies, vthom women at risk ￿gularty encounter, lo improve and develop their
practice, with a view lo improving the services and 8UPPOrt available lo women who are seekino lo exit
yoslilulion.,
5. To work al a local, n81ional and inlemats"on81 level to abolish the system of proslilutson, end the sexuol
expLoitab'on of women, and promote the effective exiling services.
Page 2

WOMEN@THEWELL (REGISTERED NUMBER., 05664669)
Report of the Trustee5
for the Year End•d 31 D•¢omber 2023
OWECTIVES AND ACTIVITIES
Slgnlflcant activiti•s
Our 2023 Actlvltles In pursult of tho•e ObJectIv￿.
A. Support services for women faryng disadvantage and rf8k of sexual explollalon
In order lo achieve our objectives clustered around women al risk of harm, we daliver 8 SLiile of three support
services which oim lo reach a5 many wornen as we can where they afe. These are.. a dropin contre,
support and advocacy service operating (Krt of the drop-in centre. and an outreach 8eryice meelw new and
known women across London,
Thg womgn who us• our servlce - we work women vtho u8ually face a range of dISa￿antageS. They
may be homel888 or in insecure housing (almost all of the women we work wthl, have mental he81th
problems an(Vor addictions, They often h8ve histori88 of ￿meStiC 8n¢Yor sexual abu8e 180% of the women
we work with tell us Ihisl, ond often have family problerns and fewer social connection8 than others. A
disproportlonale number of the womèn have a disability. and many have phy&cal health problems which they
may be strugglin9 to access hèathc8re for {our yupport workery are now providing support to access routine
healthcare In about 40% of the women's case81. In ￿la￿on lo pr08b"lutlon and the duster of sexu81
exploitab'on practs'ces around 11, we work with women who are trafficked lo London by organI8ed criminal
gang5 who move Ihem quickty around temporarily rented proporties with alarming levg18 ol threat and harm.,
women eng8ged in street prostitution in several London neighbourhoods, %thich c8n be h￿h risk and usually
involves extremèly excluded women," women exploited through 'sex for rent. 8nd '$uNival sex. wh¢r¢ $exu81
8Cts are exchanged, for basic material needs and 88fety,' women expenencing the forced occupation Iknown
as 'cuckO￿n9') ol their flats for exploitative purposes, and where sexual coerclon often feal¢Jr88'. aTra women
ft>rced into begging, drug runs and shop-lifting for indiwduals and gangs vtho move them around.
l. Drop4n Centr•
Our purposfrbuild women-only drop.in centre localed very close io Klng's Cross 8laUon Sn central London Is
open four doys 8 week (Monday - Thur8dayl from 12.30pm lo 3.30wn. Women can visit wiiftr)ul appointment
and accesB a widg range of basic material needs 8Upp￿ cost-free.. food, hol drink8, showers, 18undry.
dolh¢$. Theffj are o¢1iwties organlsed every day whlch are designe(I to be genJe and 8 way of being invofved
with others and chatting if you want lo, but without intrusion lo why you have come lo Ihg centre. The88
activib.es a￿ heaf(h and wellbèing basèd and fange from Craft, manicuffjs, jèwellery-making and gardening
through lo reflexology. yoga and m8S88ge. There Is no Ilmil lo the number of limes a woman may vlsit tha
centre. Women are not pre88ured to and never obllged ID undertak8 8dvocacy and 8ddilion81 support if they
do not want lo,. the drop-in 8ervice is wilhoul conditions. The drop-in centre is run by paid Staff and 8 group of
long-seNng volunteers.
In 2023: there were 2,048 visits to our drop-ln centre which is open four day8 a week for around 49 weeks of
the y¢ar. Th¢so visits were wmen vlsil often and women who had never vi8lted before They received
food, dolhes. a private place to Sh¢￿ver, 8 laundry seNice, I￿rapeut￿ acliwlies and access to any level of
advice they might want.
11. Support •nd Advocacy from our Klngs Cross base
A sm81119am of four advocacy and 8UPPOrt workers work from our base In King8 Cr088 above th8 drop-in
centre They work on a one-to-one basis with VKJmen who h8ve indicated th81 they want support to address
practi￿1 and sometimes personal problems that are preventing them moving on", these might be related lo
ousing. addrtic￿8. abuse including abuse in childho￿, ham In wo8if(ulion, mental andlor phy8Scal health,
criminal histories, famity problems induding e81raroement, and much more.
Working in a trauma informed and holistic way, our team supports women lo set out some goals and a plan
for how ID gel there, and then they provide emotional support and accompany women through many of the
steps. Team member3 have a wide ronge of knowledge and expertise in the Gomplexilies that wornen
presenbng often face, and work lo build trust. The style of the work is critical
il 15 unrushed, there is no
pressure or judgement, no condi(ions, and we move al women's changing pace.
Page 3

WOMEN
THEWELL (REGISTERED NUMBER: 056646591
Report of the Truste95
for th• Year Ended 31 Decemb•r 2023
OBJECTIVES AND ACTIVITIES
The support we provide indudes".
referral$ into safe hougng,.
listening and advice on help related lo domestic and sexu81 abuso.,
' sign-posting lo legal advice,. 8dvice around benefiis, budgeting and grants.,
sign-posting and some support lo nawgate access lo healthcare.,
. access lo hdislic therapie8",
advocacy and support for victims of sex tr8fftking and modem 818very, Including appro8¢h arKI 8UPWt
through the National Referral Mechanism.,
' advice for women seeking asylum, including no recourse lo publi¢ funds.,
. trauma Infom)ed emotional support..
' support into training. employment & voluntsry ￿rk.
In 2023: The progress women moke when we work wth them 1$ of course related lo unique and cc4nplex
rcUm8lan￿s for every irKllvidual, but ￿ 8811mate that each of OLtrr athocacy and 8UPPOrt worker8 at any one
time..
. ha8 significant personal contact wilh m¢ye than 60 women al any one time for ba8lc Support and ched( In.,
. Is building long-lerm 8UPPOrtive relat￿nshIPS with around 20 wcmen vA)ère th08e women feel krwm, cared
for and gnabled lo tske next slep5',
Is doing intensive casework with the8e 20 women vthen they are reody to Irusl, which 18ad8 to posllive
outcom8s for th088 wom¢n in areas including secunng accommodotson, wglfare 8UPPOrt, healthcare and
making soclal connect+ons. whlch all stand a good chance of being long.lèm and 8•¢urod.
111. Outrnach Servlco
A 8mall team of threè outreach support workers visil different part8 of Lc4>Jon and take ref8rra18 from extem81
8lalulory and volunt8ry 8gencie8. They go to areas where women 8re rough-sleeping. and lo hostels and
other settings vtherg gxcluded women m8y be found, and 191 them know about our seNice and what we ¢an
8UPPOrt them lo try lo do. Our organisalion began moffj than 20 years ago as an oulreach Service y￿rkIng out
of the baek of a vln In Ea81 London neighbourhoorJ8 where there was slrtst prosltulion. Outreach gnd golng
lo ￿ere women are remalns a core feature of our wort.
The outrexh team workers conduct Some &imilar 8thococy lo the King8 Cr088 based laam bul ￿￿th women
who do nol want lo or are not able lo come lo the cènlre, ie long-term, one-lo-one, holistic support towards
goal8 for mov1ng on. They also do wdfawe checks, make ¢ri8i$ referrals inio other 8gencies (including housiry
and addictions), and work closely with local authority le8my, other chorilies 8nd somth'mes the poli￿ lo be
vigilant over the safety of some very vulnerable women.
Last year the outreach team worked hundred5 of early moming, late night and day lime shffts across more
Ihan ten London Boroughs, on many of which the tèam are oulslde 8nd meeting homelgss women. and
women ￿ are 'sof8-8urfing' for example and commonly mi98ed by the rough-sleeper count$. They worked
with partners induding the loc81 authorty rough sle&F¢fs 1gam8, and visitirvJ rwi and krthyn women vkno are
at nsk of exploitation. Thi8 work Include(J'.
practical and material support given induding cbthes, hot drink¥, kn'letries. transport help, and advice on
rl9his lo emergency accommodatson.,
' support for'hard lo reach wornen, in the ccffimunrty lo acces8 thar mental healthcaro gnbuemenl.,
' visit to properties where women were'exchanging for sex., offering emotional and practical support,.
work wlh a local authority Gangs Team where sexual exploilats'on I posslble prosb'lution had teen flagged.,
and possible trafficking of young Romanian women being moved around properties. Our team advised the
police on safe and trauma infomied approach, and acfvocaled for the women during and after police ath"on.'
we have continued to track down women Ihal other services find hard to reach th81 we￿are homeless.
rough slee￿.ng or ¥ofa surfing in the community lo let them know of a¢comm¢￿￿tr.0n offers and assessments
they would otherwise be unaware of.,
Crisis and long.lerm support lo women subj8ded lo sexual violence who do and ths not pursue criminal
justice.,
Page 4

WOMEN
THEWELL (REGISTERED NUMBER: 066646691
Report of tho Trustees
for the Year Ended 31 December 2023
08JECTIVES AND ACTIVITIES
engagornent in new strategic partnershlps with 181inglon and Camden lo address roUgh-￿eepin9
women's need5 Iwe are a VCS partner for this workl.
In 2023: the outreach team did 740 wdfare check8 Iln per8(￿ and en the phone),. %K*rked 163 earfy moming,
doy and night time shifts in the community," mel 153 women they h8d have never mel before on these shifts,
and 271 women they already knew.. provided practical material support Ifo(>J, clothing, hol drinks,
loiletries, travel support) lo 221 women,. and gave a￿lc8 on referrals (for housing, welfare, addiclionsl lo 322
wom¢n.
B. TraSnlng othgrn to Improv• th0Sr r•spon88 to women affocted by prostltutlon and sexual
éxploltauon
We alm lo Inffluence other fronUine prof¢ssional$ the women using our support services 0n¢ounler
because this can potentially have a mulb'plyin9 effect on the way women are undèrstood and Ire8led vthen
they present in other very diffe￿nI settings leg from housing workers lo police, soual worker8. ho8lel8,
different parts of health and morel This remains an intentional part of our strategy and aims, bul we
undertook le¥s of thi5 work in 2023 as we focused on keeping the 8UPPOrt service al full 8lrenglh and some
significant intsmal Iran•'licffl linduding the departure of our fcunder CEO and recruitment and inductlon of
new CEO).
In 2023: we provlded infom$llon and tralning ￿5￿10n5 for rew police recrutts In the C8mden area of the
London Metropolltan Police. Thero were six of these session8 through the year with 8Tound 25 recrull8
attending each lime lio 150 police officers). The se53ions indude information on the frontline service we
deliver and the need8 ol the women vtho use them. This creates important conversations with these recruits
about the nature of prostitution and sexual exploit8llon In our locality.. it commonly Indudes explonng how
women are not "lo blame" for the 8IIu81ions they might be in. Running Ihe8e se88ion8 al80 means that we
eel a larye number of the new recruits in our borough aThJ beyond, vtho may then be more likely lo reler
wornen to u$, tdl women about us, ￿ G811 us for advice.
C. Campalgnlng to change law. pollcy and atiitude• toward• pro8tltutlon and •exu•l explolthtlon
A key part of our mission Is to contribute lo the movement vthich aims to end and prevent abu8e of vLimen in
pr051ilubon lor good. Vvorking from our knovAedge and experlence a8 pr8Ctilioners. where we ob8eNe the
harms ol proslrtulion and its ch8nging scale and nature in our area and beyond, we aim to bring ihig
knowledge lo local, nationol ond intemational pollcy makers vknere we con add value lo the di8CU58ion.
In 2023, we worked to..
Innugnc• Internatlonal oplnlon on pro¥titutlon: In 2023 we hosted an official 'p8rallel event, al the UN
Commission on the Status of Women. In partnershlp with CAP Inlemalional, Space Intemalion818nd Or Gail
Dines (renowned expert in the harms of pomographyl This was chai￿￿ by our CEO Lynda Dearlove. Our
event explorod the links befften pornography and pr08ts'1utlon, e8peoally the way In which ￿MOgraphY
availability and usage is related to demand for prostitution, something policy makers at every level are not
exploring. Our event wag vgry well attended and highlighted our versatility a5 an organi881ion. We would like
lo thank our partners in this event and their brave voices dernanding more for women and girl8. In 2023 we
also participated in the Geneva-ba3ed European section of CSW, giving us unique insghl into intsmalional
efforts and policy-making in this area and a voi ce on a European scale lo advocate lor abolitionist legislation.
Page 5

WOMEN
THEWELL (REGISTERED NUMBER: 056646591
Report of tho Trust808
for thg Year Ended 31 Oec•mber 2023
OBJECTIVES AND ACTIWTIES
Build partngrshlps and alllances.. Women at The Well ¢onlinued lo be a key UK representative in the most
active international alliance in this area, the Coalition for the Abolrtion of Prostilulion. We a￿ being supported
by CAP lop undertake a project calle(I 'Time for Aboiftion" where we are working wlh an expert lawyer to
review the stsle of UK18w and policy in this area. We also helped provide the secretariat for key survivor-led
prostitution advocacy organizalion SPACE Inlemational during 2023, and played a vital role in mentoring their
new Director. We alsD continued lo work with other partner organisalions including UK Civil Soaety Women's
Alliance IUKCSWAI, the Nats'onal Alliance of Women's Organisalions, NalSonal Board of Catholic Women
INBCW), European Women's Lobty (E￿1. and Canta$ Social Action Network ICSANI. And were
delighted lo be supported by artist Claudia Clare, who produced arts¥ork themed around proslblutlon and 113
harms. Th15 was exhibited at London Art Fair. where we w6w guests and invtsd to sFeak ats￿1 the
campaigns lo a￿lSh prothtulion .
Tronds and obBervatlons In 2023
We experienced higher than ever demand for all our 8UPPOrt 8eNces in 2023. We attribute this to multiple
macro local 8nd n8lional factors.
the economic deprivation created by ongoing CD81 of I￿Ing pressures.,
extreme hou&ng pressure in Camdgn and 181ington lour home and Clo￿¥1 neighbour borough), 88 well a8
across London. whkh is also $lill enomiously impacted by well.Inlenlioned pandemic policy lo 'move
everyone in,, but whose legacy 18 many womèn who now have tenanc￿3 bLrt litue addltlonal support to
manage Ihom.,
hostile environm￿1 immigration anol asylum polioes whlch leave Irafflcked and other at r18k migrant women
in de8trtulion and willKJLrt confidence in their rights lo protection,.
81 pres8ure8 on multiple publlc 8eNic88 whith leads lo ￿1Ve ratk)ning and m8klng Ihege seNi¢¢$ te$s
accessible to vulnerable women wlh complex needs leg around 40% of the women we support around 40%
of thè women using our services lo acces8 different health services, from primary care lo denlislry, ho8pitsI
care and mental he8llh'. th18 wa$ not the case in the recent past 8n¢J v* believe pressures in Ihe8e services
afe maklng acces8 harder)..
the unabaling demand from m8ny men to U86 women in prostituts'on and to sexually exploit womén via 8
v&riety of cc4rcive and decepttve mean8.
In the conlexi ol high8r demand for our services, and mindful that we are a relative￿ small ch8rity with finite
resoum$, wo have manoged to maintain our aim of not building up wailing-lists. Thi8 18 necessary in other
comparable chanlie5 we know, in order lo fairly apportion finite yuppgrt, bul w? are concemed that the
creation and knowledge ol actual warting-lisls lo access our 8(fvoc8cy or outreach would have an extremely
delrimenta5 effect on the women faang multiple disadvantages Ihal we are trying lo reach. The message that
you will need lo wail a while, even though you took the step ol saying you do want support, risks Igiting dovm
women ￿0 might not reluin again. To achieve thi5 have both focused our people and finanrAal re¥ourco$
on the support service5, and been C￿atiVe in responding lo demand by tying aur diffe￿nt serviees closely
together, pooling the mini support teams when necessary. and encouraging women to attend daytime
acliwlies for a vgry short whi19, as a place lo knobwn and to tslk, just for a short period before an thocacy
worker esn start to m8ke a plan wrth them.
Our Impact- How we know we aro achlevlng our alms
ile the nature of our VK)rk supporting women is individually qu81itstNe in nature, we tske care lo measur8
all our delivery both qualitalivety and quanlilab'vely. We keep counts of wornen using all our serviTrs, and we
track progress th81 they make as far as is ethical, rea80nable and non-intrusive Bacause there are
monitoring challenge5 in our work, and Com￿eX background contexts, we are careftjl to relate this lo
everyone who needs lo understand ((. induding funders.
Page 6

WOMEN
THEWELL (REGISTERED NUMBER.. 056646591
Report of tho Trusteos
for the Year Ended 31 Dec&mbèr 2023
OBJECTIVES AND ACTIVITIES
Specifically, we record counts of numbers ol women using each seNice in an intemal system (see above
8ethons1, and we Store and analyse case-files ￿lch can trad( progress in paid-for softs￿re, which we are all
trained lo use and whlch has compliant dats protection and security We also evaluate our work by
conducting regular frontline staff focus gTOUPS. lo collect observats'ons of emerging trer￿S and needs, and we
ask the women using the servicg for feedback via mixed methods (V￿1h thought to appropriateness and being
non-inlrusivel.
Although it 18 very difficult lo separate Ihg impaci of our support from other external contexts, we e51imale that
more than half of lh& womèn we worked with 1851 year were encouraged and enabled lo keep themselves
safe a8 8 result of working wlh and being in touch vllh us, and that more than half of the women mad¢ some
other progress they had been Seeking leg in rel*"on lo their h￿SIng, health 8nd family relalionghip81.
Wè also seek feèdback frorn peers and partner ofganisalions. Last year we w8re sought out as a partner for
new women rough Sleeper inilialives in Camden and l¥lington. We were approached regularly by the local
police for advice 8nLI 8180 10 accompany then on 8clions (which we wll agree to only when there ale 5c4id
guar8nle88 of respect lor women's dghts and safety 8nd a trauma Informed approach). We are frequently told
by the women we work wih that they could not have accessed help from other 8gencies ¥￿thOut us land had
often tried to before and failed). We are told by the8e same agenaes that our accompaniment makes all the
difference.
Publlc ￿n•￿t
In Gompiling our annual repjrt, we have had regard lo the Charity C￿mIsSIOn,8 guidanc* on publlc benefit.
Our dropin centre pro￿deS mal¢rfAI and pra¢tlcal Support lo women need Y(, often faclng d8Stllution. AS
well as 8llevlaling Immed181a needs related to hunger, wamilh, c￿01hIng and porsonal hygiene, we offar advice
on 88me day emergency accommr>a8ts'on and other energency inleNents'on$ (including wglfore related and
police proteth'on where relevanll. There were MO￿ than 2.000 vigltg lo this Service last yèar. Som8bmey we
8re making link8 betsveen other l(Kal 8ervices who are not initially the ones women seek out or tsnder818nd
they ¢an go lo. We are meeting basic material need8 and improving acce88 lo other eerylces Includlng
8talutOry 88NkaB.
Our One-l￿One advocacy 8UPPDrt 8ervices enable women lo feel supported and able to make ¢hange8 In
their lives.. ihey also make them aware of their rights and enlillemenls and more able lo access health,
welfare and other 8ervice8. Our oulreaeh work under thi$ medel reaGhe$ women whom often no ono else 18
tyirvj lo reach and offers them a chance to work on hou8ing security, health and more. Cumulatively, this
work and the changes il can le&a lo in women'8 lives, may help lead lo reducllons in drug use and ils $orial
and ecOr￿MIC con8equences, reductions in use of the crirnln81 Iugtice system, and reduth.ons in use ol
8morgenGy medicine. 11 can also lead to improved long-lemi health 8nd wellbeing, improved famlly
relalionships, less lonelines5, snd many women's better understanding of their rights and entillemenl8.
In 8Fe8klng up lor wc#))en in our advocacy work we are odvanting the human rights and equality af women In
legal and pollcy environmènt that 1$ still less ￿3[X•n$1v¢ lo women'8 rights and nee(18. For ex8mple.
homele88 women have speafic gerKJered neèds and should in most cases be offered safe. women only
accommod81ion, bul this does not often feature in public provision. Drug rehabilitation services also often fail
to factor in women's speuflc experiences related lo addiction and recovery. L￿al and social responses to
prostitution and the 8peclrum of sexual exploilalon practices around il are also failing lo recognise women's
specific experiences and need8. Our publ￿ advocacy work 18 part of improving resFrtt for women's rights at
every level of government and in saoety more broadly.
P￿e7

WOMEN
THEWELL (REGISTERED NUMBER.. 056646591
Roport oftho Trustoes
for the Year Ended 31 Decomb•r 2023
STRATEGIC REPORT
Flnanclal posltl¢)n
During thè year there were total income of £746,007 12022.. £691,116) and tot81 expendrtUTe of £858,395
1£650.4441. Further deta518 of grant income can be found wlhln note 2 to the accounts.
l expenditure supports th8 key 0￿.eCtiveS ofthe charity as describ8d above.
As stated within the R88erve8 Policy below, the nature and quantty of re8erve8 wlll ￿ reviewed on a regular
b•sis and adjusted to rdect any thanggs in the Charitvs financial position. The trustee8 arKI Sen￿r staff
COn￿der rt a pnority lo secure slrf￿lent income to ensure the long-lerm future of the Charity.
R￿er￿1 pollcy
The Trusleeg have adopted a polig vtherety the unrestricted re88r¥e8 held by charity 8llow for Ihreg
months of budgeted axpendilufe In the event of a funding shortfall..
The tot81 re8eN88 of the chanty 8131 December 2023 We￿ £217,912 12022.. £130,300), of which £23,274
12022. £63,028) were held in restricted fund8 The unrestricted funds lotalled £194,638 12022., £67,2721.Th18
leaves the charity wlh free reserves Ib8ing unrestricted fund8 k888 those invested in fixed a88etsl of £193,523
12022.. £65,681).
Golng concem
After making appropdale enquirle8. the TTuBlees have a re880ft8ble expectation th81 the Charily h88
adequate resources lo continue in operational existence for the foreseeable future. For this reason, they
onlinue to adopt the going Goncem b88is in preparing the financial stslements.
Page 8

WOMEN
THEWELL (REGISTERED NUMBER: 056646591
Roport of the Trustees
for the Year Ended 31 Dècembèr 2023
STRATEGIC REPORT
Prlnclpal rlsks and uncortaintlgs
The principal risks to the charity vthi¢h the trustee5 identify are..
Flnanclal ¥ustalnablllty failing lo secure adequate income in a competh've charity funding erNironment',
osl of living related cos15 increases leg ulilitses and project costs, as well as salaries). Failing lo socure
6nough ineome against ¢JU r budgeted costs would put al sen'ous risk..
Service conbnuity..
Staff recruitment and r&lenb'on',
Holding secure reserves
Governancè - failing to maintain a board of skilled tm$lee5, meets'ng regulaty and stsying ahead of strategy.
outcome monitoring, staff and financial management. This would put at serious risk..
Core complianeÈ, Sncludlng heallh & 88fety, and 8afeguardlng
Quaifty seNice delivery
Sound team management practice8
Sound finanry81 menagement 8nd therefore finar￿181 8ecurty
Oporatlonal rl$k8 related to serrflce dellvery from our preml808, indudin9. 8aleguardlng relalad,. Health
and Safely on our premises., personal security af all staff and volunteer8 related lo potential lunlikely bul
P05siblel challenging incidents with 8eNice users.. volunteer recruilmenl and relenlion,. 8enior Staff
apots'lrtylperformance
Operatlonal rlsk8 related to servlco dellvery away Irom our premlsos (outreach toaml, induding..
personal salety ol s18ff when on late nighvearly morning shffts,. personal safety ol women approached by our
Raputatlonal rl8k• - Di88ppe8fance of, ham to or wor8e of cllenl *oman %tho we have been Suppo￿n9'
funder related rewlalkinal damage,. crluclsm ol opèrallons andlor policAa8 by Bignlficanl extemal
influential personls I
The Irusle98' risk management 8lr8legy indude¥ a fvll risk register detalllng the nature of these d8k8 and
more, their likelihood. rniligalion rneasure8 and where appropriate record of who Is responsbble and thebr
cessary actions by date. The key mits'gation measures in rglalion to the risk5 listed above 8ro.'
Detailed lundr8ising strategy with re8118lc resource behlnd it and elose 8ttenllon and pArticipth'on of Senior
leaders and board," c108e ino)me monlloring and re-foreca81ir
Renewed attenbon lo quality govemance including" recruilmenl by skills need., induction prfrJramme for all
new trustees, and opportunitie8 to ref￿sh know4edge and skills for longer 8eNing trustees,. Iruslee coae of
conduct includes minimum expected partidpation levels
Comprehensive O￿Tational risk planning and management, multiple ensuing poliaes {including Health &
Safvty, Safeguarding, Complaints, VVhi8tleblowngl', these are reviewed regularly by Senior leaders and the
board accordiro lo a policy schedule.. these are made active, through regular di8CUS8ion wlh le8m member8
STRUCTURE, GOVERNANCE AND MANAGEMEiir
Governlng document
The charity is controlle¢l ty ils goveming document, a deed of tru81, and constltules a limited company, limited
by guarantee, as defined by the Companies Act 2006.
Page 9

WOMEN
THEWELL IREGISTERED NUMBER.. 05664659)
Report ofthe Trustees
for tho Yg•r End•d 31 Decembgr 2023
Women at The Well is a company limited by guarantee bmlh A￿¢1¢$ of A$S￿latIOn 18gislered al Compani85
House. 11 is also a registered tharity in England & Wales.
Orlgln8 and governance
Women al Th8 Well was founded by and conts.nues to be supported by The Sisters of Mgrcy. an ord8r of
Roman Catholic nuns. Womon 81 The Well delivers support seNices lo women in a secular manner, trying
hgrd lo ensure that all women can feel welcome. Staff and volunteers are women of all faiths and none. Al
governance and stralggy & planning level, Catholic Social Teaching, which Ggnl¢rs especially the dignity of
every individual and tha duty of everyone lo make dignity o lived reality for others. provides a crtts'cal guide for
the board of tru8te88 8nd our org8ni8ational strategy.
R•crultm•nt and appolntm¢nt ol nw trustsos
The slruclufe of Wornen at The Well's board is ¢Jewxibed in 118 Artides of A8soclalion. The board Should
Usually indude three delegates Irom the Institute of Our Lady ol Mercy, and can include ts¥o delegates Irom
the National Board of Catholic Women. Other members of the board are co-opted by exi81ing board
mgmbers, wlh an emphasi8 of the Skills needed lo protect and oversee the orgarsi8ation. Truslegs 8erye
three year terms.
It 18 expecled th81 trustees will undertake training and a be8poke inductlon programme. Thi8 18
condition of appoinlmenl. Trustees meet at le881 flve lime8 por year.
AJI Iru8tee8 are volunteers and recei￿ no remuner81ion from or in conn•cb'on with the tharity outside of
roagonable Itrgvel etcl expenBe8.
Organlsatlonal structur•
The governance of the organi8atiCn 18 undgrtaken by the board of trus1998. Thg Iru81986 delegate
r¢$pon$ibility for the day to day managomenl of the charity to the CEO. Thè Organi5alional Strategy is the key
tool for the governance and m8nagemonl of the charlty. 1118 development by the trustees, CEO and Staff
team log8lher, consulting womtrn who us¢ the 8eTvice, and 18 the key tool lor p18nning priorities and Irad(ing
delivery. Financial management 18 ovwseen by the treasurer and significant decisions on finance are made
following recommendations and consultation btheen thè Ir&8$urer and board, and the CEO and Senior staff,
8TATEMENf OF TRUSTEES, RESPONSIBIUTIES
The Iruslees (who are a150 the directors of Women
th8well for the purp0888 of company lawl are
responSi￿e for preparing the Report of the Trustee5 and the finanaal 8talemenls In accordance wlh
applicable lèw 8nd United Klngdom Accounting Standards Iunited ￿'ngdoM Generally Accepted Accountir
Pfactic*l.
Company law requires the Iruslees lo p￿pare finandal 81atemenls lor each financial yaar which give a Irug
and fair view of the slate of affairs of the charit8ble comp8ny and of the Incoming resources and application of
r¢sourc&5. including the income and eX￿nditUre. of the ch8ri18ble company for thèl period. In preparing those
financial 8lalements, the Irusts8s are requirod lo
select sUrt8￿e sccounting polues and then apply them consislenlly.,
observe the methods and prinaples In the Charlly SORP.,
make judgemenis and e8tlmales that are reasonable and prudent,,
stale thelher applicable accounting standards have been fdlowed, subject lo any material departures
disclosed arKI explained in the finanu81 stalements,.
prepare the finanoal st8lements on the going concem b88is unles8 rt 18 Inappropriate lo p￿surne that the
tharitable company will continue in business.
The Iruslees are responsible for keeping proper accounting records which disdose with reasonable accuracy
at any ts'me the financial position of the ch8ritat4e company and lo enable them to ensure that the financial
statements ￿mplY wlh the Companies Ad 2006. They are also responsible for safeguarding the assets of
the charitable ￿MpanY and hence for taking reasonable steps for the wevenb.on and dglection of fraLKI and
other Irregulanlies.
Page 10

WOMEN
THEWELL (REGISTERED NUMBER: 056646591
Roport ofthe TrustO0$
for tho Year Endèd 31 Oec•mber 2023
STATEMENT OF TRUSTEES. RESPONSIBILITIES- contlnued
In so far as the tNytees are aw8r8'.
there Is no relevant audit infomatson of whi¢h the Gharitsble company's auditors are unaware,. and
the Iruslees have taken all stèps that they ought lo have taken lo make themselves aware of any relevant
audrt infomialion and lo establish th81 the auditors are aware of that Informathc￿.
AUDITORS
The auditors, Knox CroFper LLP, will be proposed for re-appointment al the forthcomlng Annual General
Meeting.
Report of the 1ru8le88, incorpor8llng a 8tr8leglc report, approved by order of the board of truste88. as the
company directors, on 17 September 2024 and Signed on the board's behalf by".
Dr A Oaughlon. Trustee
Page11

Report ofthe Independent Audltors to the Mèmbets of
Women@thewell
Oplnlon
We have audited the financial statements of Wornen@IheAtll Ilhe 'CharItab￿ eompanYI for the year ended
31 December 2023 vthlch comprise thè Slalem¢nl of Financial Activities, the Balance Sheet, the Cash Flow
Stalemenl and notes lo the finan¢ial sialemenls, including a summary of significant accounting policies. The
financial reporting framewoth that hgs been applied in their preparation Is applicable law and United Kingdom
Accounting Standards IUnf(ed Kingd(xn Generolly Accepted A￿OUntIng Pr&tleel.
In our opinion the financial 8lalemenl5'.
give a true and fabr view of the slate of the charitable companls affairs as al 31 Decembèr 2023 and of ils
incoming resour￿8 and ap￿icatiOn of resources, induding its income and expendffure, for the year then
gnded.,
have been woperly wepared in accordance wilh United Kingdom Generally Aecepted Accounting Pr?ctic•,'
and
have been prepare¢J in a¢Mrdance wth the requirements of the Companies Act 2006.
8a•ls for oplnlon
We conducted our 8udil in accordance with Intemalional Standard8 on A￿ditIng IUKI IISA8 IUKII and
applicable saw. Our re5ponsibililies under those slandards are further described In thè Auditors,
responsibllilie8 for the audit ol the linancial slalements section of our report. We are independent ol I
tharilable company in accordance wlh the ethical requlremenls that are relgvanl lo our audit of the financial
stèlements in the UK, induding the FRC'S Ethical Stsndard, and we have fulfilled our other ethical
re8pon5its.liliey in accordanca wlh Ihe8e requirements. We believe th81 the audil evidence wè have obloin¢d
18 sufficient and 8ppropriale to provide a basis for our oplnlon.
Con¢lusk>n¥ rolatlng to golng concem
In auditsng the financial slatgmenls, w? have concluded th81 the trustees, use of the going Concern basiB of
accounting in the preparation of the financial slaternents is appropriate.
Based on the wot1¢ we have Ferfomied, we have not idenb.fièd any m81eriBI uncertoinlie8 re1811ng to event8 or
conditions Ihal. individualty or collects'vely, may cast significant doubl on th• tharilable companys a￿.Ity to
continue as a going concem for a persod of atlgasl ts%*lve month8 from when the fin8nuo1 statements are
authori8ed for issue.
Our re8wn6ibiliti88 and the re8ponsibilth.es of the Iru8tèès with mspoct to golng concem a￿ de8cribed in the
relevant section8 of this ￿POrt.
Othèr Inforniatlon
The tru$lèè$ aro responsiblè for th& other information. The other informailon comprlses the infomalion
included in the Annual R8POrt, othèr than the financial slalemenls and our Report of the Independent Audilor8
thereon.
Our opinion on the financial statements doe8 not cover th8 otr*r infomalion arKI, except lo the extent
otherwise expliouy slated in our report, we d) not expre68 any fom of a8surance condu5ion ther¢on.
In connection with our audit of the financial statements, our responsibility 18 to read the other Information and,
In doing 80, consider whether the other information is matenally inconsistent with the fin8na8181alements or
our knowledge obtalned In the audil ￿ otherwise appear5 to be materially misstated. If we identify su
material inconsistencies or apparent m8leri81 misslalemen15. we are required to tjetermine whether this gives
rise lo 8 material misslatemenl in the financial statements themselves. If, based on the work we have
performed, we conclude that there 18 a maten'al misstalemenl of th58 other infomalion, we are required lo
report that fact. We have nothing lo report in this regard.
Oplnlons on other matters prescrlbed by the Companres Act 2008
In our opinion, based on the work un¢Jertaken In the course of the audit..
the infomialion given in the Report of the Trustees for the fin8noal year for which the finoncial statements
are prepared is consislenl wlh the financial 5tatemanis', and
the Repyi of the Trustees has been prepared in accordance wlh appliCa￿e leg81 requirements.
Page 12

Report of the Independent Audltors to the Members of
Women
hewell
Matters on which are requlred to report by exceptlon
In th& light of the knovAèdge and understanding of the charitable company and 115 envlronment obtained In the
course of the audit, we have not identified material misslatemenl8 in the Report of the Trustees.
We have nothing to report in respect of the followirvJ matters where the Comp8nies Act 20C6 requires us to
r•port lo you if. in our opinion..
ad8quale aceounling records have not been kept or relums adequate for our audit have not been received
from branches not visited by us., er
the finanaal statements are not in agreement wlh the accounting record8 and relums., or
certain disclosu￿8 of Iruslees, remuneration sp8cified bylaw are not made," or
we hove not received all the infomialion and explanations we require for our 0￿j￿.
Re8ponsSbllltle8 of tru8tee8
AS exp18ined more fully In the Slalernenl of Truslee8' Responslbllllies. the Iru81ees Iwho are also the direciors
ol the chafilable company for the purposes of company lawl are responsible for the preparation of the
financial statements and for being satisfied that they give a Iruo and fair view, and for such intsmal control as
the Iru8lees delermlne Is necessary to enable the preparab'on of finanGio1 slalemenls that are free from
malerlal m188tatement, whethor due to fraud or error.
In preparing the financial stalemenls, the trustee8 are re8ponsible lor aSSe￿ng the charitaNe companV8
8bilty lo conts'nue as 8 going concern, disclosing, as applicable, matters related to going concem 8ThJ using
the going ¢on¢ern ba$1¥ Of a¢￿untIng unle8¥ the Iru¥lee8 either intend lo Ilquidale the choril•ble ¢ompany or
lo cease operations. or have no reallslic altemalve bul to do ￿.
Page 13

Report of the IndepDnd8nt Audllors to the Member5 of
Women
hew•ll
Our respon8ibilltl89 for the audlt of the financial statemgnts
Our objectives are lo obtain Teasonable assurance about wheiher the financial statements as a ￿DIe afe free
from material misslatemenl, whether due lo fraud or error, and to issue a Report of the Independent Auditors
that indudes our opinion. Reasonable assurance Is a high16vel of assurance, bul is not a guarantee th81 an
audit conducted in accordance wth ISAS IUKI will always detect a material misstatement when it exists.
Misslalemenls can arise from fraud or error and are considered material rf, Individually or in the aggregate,
they could reasonably be expected to influenrk the economic decisian8 of users taken on the basis of these
fin8nrAal slal8ments.
The extent lo whlch our procedures 8re capa￿& of deleciiNJ irregularities, including fraud is detailed below..
Irregularities, Including fraud. are In5tsn¢os of non-compliancA8 vllh and regulatlon8, We de&gn
procedures in line ￿th our responsibilitiès, outlined above, lo detect material mlsstalemenls in respect of
irregularities, induding fraud. The extent to which oui procedure8 are capable ol detecting irrè9ularikn'es,
includlno fraud is detailed below.,
. The Charitable Company 18 required to compty wlh toth company law and charity 18w and, based on our
knovAedge of its activitr"e8, we identified that th8 legal requifemenl lo 8￿ratelY a¢¢ounl for restricted funds
W85 of key significance.
Wè gained an understanding of h)w the chants￿e eompany complie¢S with its leg81 and regulatory
frarrework, Including the requirement lo properly aceounl for reslrlcted funds, through di8CU88lon8 wlh
monagemenl and a review ol the documented policie8, procedures and controls.
The audit team, which 18 experlenced in the audit ol charitie8, considered the charitable comp8nV5
8uscepb'bility lo material mi6Stalemenl 8nd how fraud may ¢xcur. Our con8lderatlon8 Indudéd the risk of
management ovgrridg.
Our approach was lo check th81 all restricted income was propèrfy id&nlified and separately accounted for
and lo ensure th81 only v81id and appropriate expenditure was charged to restricted fund8. This induded
r8vi•vlrvJ loufnal adju6tment8 and unu8Uo1 trnnssction8,
There are inherent limitations in the audit pr￿dureS described above and, the further removed
non-compli8nee with law8 and regul81ion8 is from the events 8nl Irgnsach'ons reflected in the finaneial
51alemenls, the less Ilkely we would be￿me aware of it. The risk of not dgtecting 8 material mi88latement
due lo fraud is higher than the risk of not detecb'ng one resulting from error, 8$ fraud moy involve deliberate
concoalrnenl by. for example, forgery or intentional misrepresenlalions, or through collusion.
A fvrth¢r ée5criplion of our respon&bilili88 lor the Budit of the fin8nci818talemenls is Ioc81ed on the Financial
Reporting Council's webBil8 al www.frc.org.ukJaudilDrsre8ponsibililies. Thi5 description fom8 Part of Ouf
Report of the Indepen(kn)l Auditors.
Uso ofourrgport
This rgport is mode solely to the charitable company'$ m$mbeT8, as 8 bcdy, In accordanco WTth Chapter 3 of
Part 18 of the Companies Act 2006 Our audit work has been undertaken so that we might 8ts1è lo the
charitable companls members those matters we are ￿qUIred lo stale lo them in 8n 8udilor8' report and for
no other purpoge. To the fullest extent pemiitted by law, we do not accept or assume Tesponsibilily lo anyone
other than the ch8rilable company and the charitabb company's memters as B body, for our 8LKIit work, ftjr
this report. or for the opinlons we have formed.
stephen Ander8on (Senior Statutory AL*Jit￿l
for and on behalf of Knox Cropper LLP
Chartered Accountants and Slalutory Auditors
153-155 London Road
Hemel Hempstgad
Hertfordshire
HP3 9SQ
17 Septwnber 2024
Pag& 14

WOMEN
THEWELL
Statement of Flnanclal Actlvluos
for th8 Ygar End•d 31 Dec•mb8r 2023
2023
Tol•1
funds
2022
Total
lunds
Unreslricted Reslricaed
fund
fur¥J8
Not88
INCOME AND ENDOWMENTS FROM
Donat￿nS and legacies
439.574
234.366
673,940
625,504
Other trading acts'vilies
Inveglmenl income
Other incorne
21,848
46,076
4,144
21,848
46,075
4.144
58.517
7.095
Total
611,641
234,366
748,007
691.116
EXPENDITURE ON
Raising fund8
36,328
35.328
34.416
Charltable actbvlU•8
Basic Needs
Support & Ailvocacy
Lif¢ Sknll$
Health & Wellbeing
Outreach Support
& Rg1¥lionship8
101,244
80,569
6,986
86,639
227
107,230
167,208
447
104,185
221,833
893
4,000
161,861
123,256
55,821
111,093
188,445
12.823
224.266
123,916
Total
384,275
274,120
658,396
650,444
NET INCOMEIIEXPENDITURE}
127,366
{39.7041
87,812
40,672
RECONCILIATION OF FUNDS
Tot81 fiJnd8 brought forward
67.272
63,028
130,300
89.628
TOTAL FUNDS CARRIED FORWARO
194,638
23,274
217,912
130,300
The notes fom part of these financial statemen18
Page15

WOMEN
THEWELL IREGISTERED NUMBER: 056846591
Balanco Shogt
31 ￿¢•M￿r 2023
2023
Total
funds
2022
Total
fund3
Unre8trict8d
fiJnd
Reslrlcby
fvnd8
Notes
FIXED ASSETS
Tangible assets
12
1.611
CURRENT ASSETS
Debtor8
Cash al bank
13
66,181
173,263
65.181
223,371
52,828
104,861
SO,108
238,444
$0,108
288,552
157,689
CREDITORS
Amounts falling dué withln on¢ year
14
144,9231
126,832
171.7661
129,1J)01
NET CURRENT ASSETS
193.521
23,276
216,797
128,689
TOTAL ASSET3 LE88 CURRENT
LIA8ILITIES
194,838
23,278
117,912
130.300
NET ASSETS
194.636
23,276
217,912
130,300
FUNDS
Unrestricted fund8
Restricted funds
15
194,636
23,276
67,272
03,028
TOTAL FUNDS
217,912
130,300
The finand81 statements were approved by the Board of Tru8lee8 aTra aLrthori88d for 188ue on
17 Septembgr 2024 and woro Ngned on 115 behav by..
A Daughton- Trusl¢o
The fom part ofthese financial statements
Page16

WOMEN@THEWELL
Cash Flow Stat•mont
for the Year Ended 31 Decombgr 2023
2023
2022
Notes
Cash flt)ws from operntlng actSvltleffj
Cash gonoraled from operab'ons
119,371
140,6291
Nel cash provided tyllused inl operalirrfj activities
119.371
140,6291
Cash flow8 from Inve8tlng actlvltle8
Purchase of langit48 ffxed a88et8
Interest recelved
11,0381
1TI
127
Nel cash (used inllprovidgd by investing acb'Mbg5
1861)
127
Change In cash and ca¥h equlvalgnts
In thè reportlng perlod
Cash and cash oqulvalont8 at tho
b•glnnlng of thè rnportlng p•ilt)d
118.510
140,5021
104861
145,383
Cash and cash •qulval•nt• at the Ond
of tho roportlng porlod
223,371
104,881
The notes form p8rt of these fin8rt181 $18lemenls
Page17

V￿MEN
THEWELL
Notes to the Cash Flow Statement
forth8 Y•ar Endgd 31 December 2023
RECONCILIATION OF NET INCOME TO NÉT CASH FLOW FROM OPERATING ACTIVITIES
2023
2022
Not Incom& for the roportlng perlod la8 p•rthe Statsm•nt of
Flnanclal Actlvities)
AdJu8tments for..
DepreiiatKJn charges
Intere81 reeÉwad
Increase in debtors
Increaselldgcrease} In credllors
87,812
40,672
1,536
11771
112,3531
42.764
1,515
11271
(19,5451
163,1441
Not calh provld•d bylluied In) op•ratlonB
119,371
140,6291
ANALYSIS OF CHANGES IN NET FUNDS
A11.1.23
Ca8h flow
At31.12.23
Not cash
Cash al bank
104,861
118.610
223,371
104.861
118,J510
223,371
Total
104.861
118.510
223.371
Thg notgs form part of these financial statements
Page 18

WOMEN
ThEWELL
Notes to thg Flnanclal Statemènts
for the Year Ended 31 Decemb•r 2023
ACCOUNTING POLICIES
Ba$ls of prep•rlng tho fln•ncl•l ststements
The financial statements of the tharilable Gompany. whith 1$ 8 publi¢ benefit enuty undef FRS 102.
have been prepared in accordance with the Charities SORP {FRS 1021 'Accounling and Reporting by
Chantses., Statement ol Recommended Practice applicable lo chafilies preparing their accounts In
accordance with the Financial Repo￿.n9 Stsndard applicable in the UK and Republic of Ireland IFRS
1021 leffects've 1 January 20191,, Finanaal Reports'ng Standard 102 The Financial Reporting Standard
applicable in the UK and Republ￿ of Ireland, and the Companies Act 2008. The financkal statements
have been prepared under thg hisloncal cost convention.
Inc¢me
JI income is recognised in the Statement of Flnanckgl Acti￿￿.83 once the charity has entillemenl to the
fvnd8, il is probable th81 the income will be received and the amount can bg measured reliably.
Expendlture
Liabilities 8re recogni8ed as expenditure as soon a8 there is a legal or conslrudve obligauon
committing the charity lo th81 expenditure, it is probable that a transfer of economic benefits will be
required in 8etUemenl aThJ the amount of the oblig81ion can be mgasured reliabty. Expenditure IJ
accounted for on an accyuals b4519 and has been clas*fied under h¢ading8 Ihal 8ggw8le all ensl
related lo the category. Where c051s cannot be diredy attrlbuled to particular haadings t￿Y have t*en
allocated lo pKtivilig¥ on • b8815 consi8tenl with the u8e of reBource8.
T•nglble flxod as¥gts
Depreciation 18 provided al followng annual rates in order to write off egth as8el over Its ￿tImated
U8¢ful life.
Plant and machlnery
Flxture8 and fittin98
10% on cost
25% on cost
Taxatlon
The charity is exempt from corporatlon lax on its tharflatl? a¢livili￿.
Fund accountlng
Unrestricted fund6 can be u8ed In accpjrdance wlh the tharitable obiectlves at the dlscretion of the
Iru8tee8.
Re8tricted fund8 can onty be u88d for particular reslncted purpo8e8 within the o*cts of Ihe charlty.
Restricti¢)n5 anse when speafled by the djnor or w￿n funds ar• raised for particular re8lri¢ted
purposes.
Further explanation ol the nature arKI purp08e of exh fijnd is Included in the notes lo the finonaal
$181om8nts.
P•nglon costs and oth•r post-rntlremont bfrn•fits
The charitable company operates a ¢Jefined contribution pension scheme. Contributions payable lo the
charbtable company's penson $theme ar¢ charged lo the Stslemenl of Flnancial Activib'es in the
period lo which they relate.
Page 19
continued...

WOMEN
THEWELL
Noto5 to the Flnanclal Slatgments- contlnu•d
forthe Year Ended 31 D•¢ombor 2023
I)ONATIONS AND LEGACIES
2023
2022
Donations
Grants
62.573
021,367
35,207
590,297
873.940
625,504
Grants receivgd, induded in ihe al￿. are as follow8.'
2023
2022
Other grants
621.367
590,297
OTHER TRADING ACTIVITIES
2023
2022
Fundrai￿n9 o¢livili8g
TrainiNJ
Con8ultancy
630
20,830
21,848
INVESTMENT INCOME
2023
2022
Rents received
Deposit account intere8t
46,898
177
58,390
127
46,076
58,517
RAISING FUNDS
Ral•lng don•tlon8 and l•gael••
2023
2022
SUb8crip￿onS
Gonsullancy
198
35,130
216
34,200
36.328
34,416
Page 20
continued...

WOMEN
THEWELL
Notss to the Flnanclal Statomgnls- contlnugd
for tho Yoar Ended 31 Docombor 2023
CHARITABLE ACTIVITIES COSTS
Support
Gosts {see
nol& 7}
Direct
Tota18
8a8ic Neods
Support & Advocacy
Life Skills
Outreach Support
Policy & Relationships
61.679
111.562
447
168.621
105,366
66.661
55,646
107.230
167,208
447
224,266
123.916
55.645
18,550
437.670
186.492
623,067
SUPPORT COSTS
Governance
co$15
Managemenl
Final￿e
Totals
88$i¢ N¢¢d$
Support & Advocacy
Outreach Support
Pollcy & Rel81ionshlps
63,737
53,732
63.731
17.912
22
23
23
1,892
1,891
1,891
630
66.661
56.646
56,645
18.560
179,112
76
6.304
186,492
Activity
ManageM￿t
Finan¢e
Governance cost8
Ba&s of all¢xalion
Based on eslim8le8 usa9è of re8ourc88
Based on ¢$limalo$ u$ag¢ ol resource8
Based on estimatès usagè ol resource$
NET INCOMEIIEXPENDITUREI
Not incomellexpondiknrèl is ststod after ¢harginWlu•dits'ngi'.
2D23
2022
Audllors, remunerallon
Depreaalion- owned asset8
6,100
1.534
12,800
1,515
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneratson or oiher benefits for the year ended 31 Decemt•r 2023 nci for
the yoar ended 31 December 2022.
Truste￿. 0x￿n$e$
2023
2022
Truslges, ?xpense8
204
22
Page 21
continued...

WOMEN
THEWELL
Notes to th• Flnancial Ststgmonts . contlnued
lor tho Year Ended 31 December 2023
10. STAFF COSTS
2023
2022
Wages and salarie8
Social securty costs
Other pen3ion costs
430.777
32.238
21.731
409,609
36,061
21,686
484,746
487,336
The averagg mcfjth￿ nurn￿r of employees during th& year was as fr￿loW8..
2023
15
2022
14
staff
No employe•9 ro¢eived emolumen18 in exc8s8 of£60.000.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AGTIVITIES
Unrestricted
fvnd
Reslrfcted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donalic118 and legacies
440,127
185,377
625.504
Inve8lmenl incomo
Other income
58,517
7,095
58.517
7,095
Tot41
505,739
185.377
691.116
EXPENDITURE ON
Ralsing fund8
34,418
34.418
Chlrltable actlvlti
88&c Needs
Support & Advocacy
Life Skills
Health & Wellbeing
Outreach Support
Policy & Rg181ion8hip8
97,185
145,798
893
7,000
76,037
104,185
221,833
893
4,000
181,881
123,256
4,000
38,223
475
123,638
122,781
Total
524,709
125,735
850,444
NET INCOMEIIEXPENOITUREI
{16,9701
59,642
40,672
RECONCILIATION OF FUNDS
Total lunds brought forward
86,242
3,386
89,628
TOTAL FUNDS CARRIED FORWARD
67.272
83,028
130,300
Page 22
continued...

YIOMEN
THEWELL
Notes to the Flnanclal Statements - contlnued
fortho Yoar Ended 31 December 2023
12. TANG18LE FIXEO ASSETS
Fixtures
and
flth'ng8
Plant and
machinery
Tot818
COST
Al 1 January 2023
Addibons
Disposals
29,632
31,823
1,038
12,4551
61.355
1,038
12.4551
Al 31 December 2023
29.632
30.406
59,938
DEPRECIATION
Al 1 Janu8ry 2023
Charge lor ygar
Eliminated on di$posal
29.532
30.212
1,534
12,4551
59.744
1,634
12.4651
Al 31 December 2023
29.532
29.291
68,823
NET BOOK VALUE
Al 31 December 2023
1.11fj
1.116
Al 31 December 2022
1,811
1,611
13. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2023
2022
Trade d8bloryJ
other debtor8
Prepayments 8r*J acuued Income
9.896
13.585
777
38.486
65,ZBS
66,181
52,828
14. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditor8
Social security and other taxes
Other creditors
Accruals and deferred income
22,590
9,978
6,256
32,932
12.319
12
9,203
7,466
71,756
29,000
Page 23
continued...

WOMEN
THEWELL
Notes to the Flnanclal Statements- contlnued
for tho Year Ended 31 Dgcgmbgr 2023
16. MOVEMENT IN FUNDS
Net
movement
in funds
Al
31.12.23
At1.1.23
Unrn8trlcted lund$
General fund
67.272
127,364
194,636
R￿trfcte￿ funds
London Cataly81
st Andrews of Holbom
Kew Garden
CAP
Nation81 Lottery Community Fund
1.600
13.837
885
12.700
34.106
11,500
113.280
667
886
112,7001
112.2721
21.834
63.028
139.7521
23,276
TOTAL FUNDS
130,300
87,812
217,912
Nel movement in fund8, 1ndl￿ed in the above arn 88 follows.,
Incoming
re60urc8$
Resource¥
expended
Movement
in fund8
Unr••trl¢tsd fund•
General fund
511,641
{384,2771
127,364
RMtrl¢tsd fund¥
Souter 2022
London Catalyst
St Andrews of Hdbom
Tudor Tru81 No1
CAP
Transformation - Homele$$
Goldman Sachs S18u Am¢)vltz
City Bridge TruJl
N8tJonal Lottery Community Fund
B.000
15,1)00)
11,8001
133,2791
136,6461
112,7001
11681
111,2901
121,605)
1151.9311
11,6001
113.2801
19,999
36,645
112,7001
168
11.290
21.605
139,659
112,2721
234.366
12741181
139,7621
TOTAL FUND8
748,007
1668.3961
87.612
Paga 24
continu￿...

WOMEN
THEWELL
Notes to the Fln•nclal Statem9nts - contlnued
for the Year Ended 31 Dècember 2023
15. MOVEMENT IN FUNDS- contlnued
Comp•rntlves for movement In fun(ts
Nel
movemènt
lund8
Al
31.12.22
A11.1.22
Unre8trlcted funds
General fund
86,242
{18,970}
67,272
ReBtrlcted funds
London Catalyst
St Andrèws of Holbom
Kew Garden
CAP
Nakn'onal Lottery Communty Furwj
1.500
13,837
1,500
13,837
885
12,700
34.106
885
12.700
31,605
2,501
3,386
59,642
63,028
TOTAL FUN()S
89.628
40,872
130,300
Comparalwo nel movemanl In funds, Included In the above ar8 a8 fdlows..
Incomirvj
r080urces
Re8our¢08
expended
Mov•monl
in funds
Unreltrlcted fund•
General fund
$05.739
524,7091
118,970
R•Jtrlcted funds
Albert Hunt
Souter 2022
London Cat8ly81
St An(trews of Holbom
A8hden Trust
Comic Relief 1
Tudor Trust No1
Comic Relief 2
Small Client grants
Francls Crick
CAP
NAT
National Lottery Communty Fund
2,000
5,000
I,soo
16,500
20,000
12,000
34,998
3,000
3,376
4,000
12,700
475
69.828
12,OCQI
15,OCQI
1,500
13,837
12,8831
{20,0001
{12,0001
{34.9981
13.0001
13.376}
14.0001
12,700
1475)
138.2231
31.805
185,377
1125.7351
59.842
TOTAL FUNDS
691,116
1850,4441
40,872
Page 25
nlinugd._

WOMEN
THEWELL
Not95 to th8 Flnanclal Statemènts- contlnued
forthe Y￿r Endfjd 310gcembor 2023
16. MOVEMENT IN FUNDS- contlnued
A current year 12 month5 and prior year 12 months combinod po&11¢￿ is as followB'.
Net
movernent
in fund8
Al
31.12.23
A11.1.22
Unre¥trlctgd fund•
General fund
86,242
108,394
194.836
Restrfcted funds
Sl Andrews of Holbom
Kew G8rden
National Lottery Communlly Fund
557
557
885
21.834
885
2,501
19,333
3,388
19,690
23,276
TOTAL FUND8
89,628
128,284
217,912
A current 12 months and prior year 12 months combined n81 movement in funds. induded In the
above are 88 fdlow8'.
Incomlro
re80ure88
R080urc•s
expended
Movement
In fvndB
Unre8trlGted fvndj
G&neral fund
1.017,380
1908,9861
108,394
R•strlctgd funds
Albert Hunt
Souter 2022
Lon(lon Catalyst
Sl Andrèws of Holbtyn
Ashden Trust
Comic Relief 1
Tudor Twsl No1
COM￿ Relief 2
Small Client grants
Frands Crick
CAP
NAT
Tran8fom8tion- Homele55
Goldman Sachs Staa Amovitz
City Bridge Tru8t
Naty'on81 Lottery Communlty Fund
2,¢)00
10,000
1,500
38,499
20,000
12,000
71,643
3,000
3,376
4,000
12,700
475
188
11,290
21,605
209,487
12,0001
110,0001
11,5001
135,9421
120,0001
112,0001
171,6431
{3,0001
{3.3761
{4,0001
112,7001
14751
11681
{11.2901
(21.6051
{190,1541
557
19,333
419.743
1399,8531
19,890
TOTAL FUNDS
1,437,123
{1,308,8391
128,284
Page 26
continued...

WOMEN
THEWELL
Notsg to th8 Flnanclal Statèmènts- contlnued
for thg Yoar Ended 31 Dgcomber 2023
15. MOVEMENT IN FUNDS- contlnuqd
Rfjstrlcted funds towards projects
Lloyd• Bank Foundatlon
Granted £50,000 towards us 8 ￿1>year grant 10 5UPPOrt wr Core Cosls. The first instalmenl of
£25,000 w88 rec*ived in 2022 and the second in 2023.
Albert Hunt Trv•( Souter Charliable Trust and London Catatyst
Provlded lunding towards tho Costs of running Ihtr drop in centre and 8UPPOrt Costs for wom•n'8 health
and wallbeing.
SL Andrew Holborn Group of Ch•rltb83
Provided lun¢Jing as a contribution lo the co81 of an advocacy and 8UPPOrt worke¢ salary and costs.
Tudor Trust
we received the second payment of three of £34,998 from the Trust towards the c08ts of providing
advocacy and supwrt
CAP
Ex￿'rrfJ & ISVA CAP Inlematlonal'Tlme for Abolldcn" granted us £12.700 In 2022.
Tran8fomi•tlon - HomelM•
The Department for levelllng up, housing And communiti•$ granted us fijnding lo imprové t1￿ quality of
off 8treet 8ecommodallon.
Goldman 3achJ 8tacl Arnovlts
Granted us funds in supwi ol the sabry costs of a Speciallst Support worker to 8UPPOrt women
expk>iled In pro3lilution.
Clty Brklge Trust
Granted us fvnd8 for five year8, 81arting in 2023, tOW8rd8 the costs of 8 Senior outreach worker.
Natlonal Lottery Communlty Fund
In September 2022 the ¢harity won a three-year funding bid worth £418,973 from the National
Loitary Community Fund for th8 RC London and South East Region programme. The project which ruft
unb'l September 2025 Is aimed al providing OUt￿8¢h Support lo women whose lives are affected by
pro8lituUon, indudlng women who have been traffid(ed or 8re otherwse al riak.
RELATED PARTY DISCLOSURES
The charity hos throe organi5ab.ons with which il ha8 a particular relationship., th8 1n8th.tule of Our La
of Mercy IOLMI, the National Board of Catholic Women INBCW) and Anglia Ruskin Universly. Bolh
IOLM 8nd the NBCW have nomination rights to the Management Committee,
During the year, women@lhelA￿II received unrestricted grants lotalling £240,000 12022.. £200,000)
from IOLM. The landlord of the property from which Vvomen
thewell operates 15 IOLM and the
leasing agreement for the propety involves a ten year rent free Per￿ for both sides, with a servi
charging facility in place that is worked out by area and usage. During the year, Women@the￿Il
receNed seNTh charge ineLJm¢ amounting to £45,89812022.. £58,390) from thg IOLM.
The amount out8tanding at the year end from IOLM was £9,89612022." £nil}.
There were no other related party Iran8aclion8 for the year ended 31st December 2023 nor for the year
ended 31st De￿￿er2022,
Page 27