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2022-03-31-accounts

Stockport Women’s Centre

Stockport Women’s Centre Annual Report and Accounts For the year ended 31 March 2022

Charity Registration No. 1119969 Company Registration No. 06255693 (England and Wales)

Stockport Women’s Centre

Contents

Page
Legal and administrative information 1
Trustees’ report 2 - 12
Independent examiner’s report 14
Statement of Financial Activities 15
Balance Sheet 16
Statement of cash flows 17
Notes to the financial statements 18-31

Stockport Women’s Centre

Legal and Administrative Information

Trustees: K Day (Chair)
H M Scott
C Milner
H Hoy
L Dolling
S Harrison
L Taylor
J Hancock
Charity number 1119969
Company number 06255693
Principal address and 39 Greek Street
registered office Stockport
Cheshire
SK3 8AX
Accountant and Beyond Profit Ltd
Independent Examiner G104 Bolton Arena
Arena Approach
Horwich
Bolton
BL6 6LB
Bankers Co-operative Bank
1 St Peters Square
Stockport
SK1 1NX

1

Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

The trustees present their report and financial statements for the year ended 31 March 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note to the financial statements and comply with the charity's Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The Charity's objects ("the objects") are to advance education and relieve poverty and ill health for women and their families within the Stockport area by providing a centre whereby they can access advice, training and support as well as providing an outreach training and support service in the surrounding areas of Stockport

Vision

Women in Stockport are strong and confident

Mission

Stockport Women's Centre provides support to improve the wellbeing, physical and mental health of women, enabling them to improve the life chances for themselves and their families.

Social objectives

Delivery objectives

Aims

To improve the mental health and wellbeing of women, improving their ability to provide a better environment in which they and their families can flourish.

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Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

Public Benefit

The trustees confirm, in the light of the guidance contained in the Charity Commission's general guidance on public benefit, that these aims fully meet the public benefit test and that all the activities of the charity, described in the report of the Trustees, are undertaken in pursuit of these aims. Stockport Women's Centre relies on contracts, grants, donations and fundraising to cover its operating costs.

Charitable Activities

Stockport Women’s Centre is a specialist community support services for women facing multiple disadvantages. We deliver services to women only, in recognition of the well-evidenced need for gender-specific interventions. We provide holistic, woman-centred, trauma-informed services in a safe space.

We are an effective 'one stop' shop in Stockport for women, delivering front line services to meet the needs of women with complex issues. The needs have impacted upon their lives and immediate family members. In particular, issues include living with:

2021-22 has continued to be a challenging year with the pandemic, however we have continued to remain open to enable women access to a safe space, we are the only accessible, safe space for women in Stockport. We have been incredibly

3

Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

creative and flexible to continue to support women in our local communities, adapting and finding new ways to work utilising technology.

The main work and activities we have delivered:

Our services and activities have been developed in response to the expressed needs of the women; we work with and gaps in service provision which are offered within an ethos of valuing all women by listening, caring and encouraging. The core work and activities over the last 12 months of the service have continued and include:

We have continued to offer women a comprehensive holistic service which encompasses a personalised approach. The women we work with can access one or more of the activities/services at any one time or over a period and this ensures that we can respond not only to the women in high levels of need but also to those who require information or advice and social activities.

Highlights of the 12 months have included:

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Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

We have ensured that:

We have:

Referrals:

Women are signposted to the Centre through a variety of pathways including Secondary Mental Health Services, GP, Health Visitors, Alcohol and Substance Misuse services, HMP Styal, Greater Manchester Police, Greater Manchester Probations Service, and many others.

Breakdown of referrals:

5

Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

Identified Needs:

388 women attended a full needs assessment, a 17.5% increase on the previous year

75% identified as having a mental health 35% identifies as having a well-being issue 47% identified as having an issue with domestic abuse 25% identified as having issues with children/families and 30% identified as having an issue with finance/debt

Identified Need at Assessment %
Attitudes/Thinking/Behaviours 79.02
Mental Health/Wellbeing 79.53
Mental Health 74.61
Wellbeing 34.72
Domestic/Sexual Abuse 46.89
Children and Families 24.09
Finance/Benefits/Debt 24.87
Accommodation 21.24
Education/Training/Volunteering/Employment 11.40
Physical Health 3.37
Drugs 4.92
Alcohol 6.22
Sex Work 0.78

Evidence informs us that some women do not disclose at assessment but disclose once a relationship of trust has been built. Yet still, 72.27% women at initial assessment had 3 or more identified needs and 43.26% had 4 or more identified needs.

Equality monitoring:

We collect equality monitoring data on registration for us to better understand who accesses services and what needs to be considered in the future to make sure our services are provided fairly and easily accessible. During the year, 451 completed the equality monitoring form.

44.57% of women who access the service are in the 30-44 age bracket, 26.83% of women are 18-29 and 22.84% 45-59.

Whilst 33.92% of women have presented as unemployed, 54.99% are on benefits

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Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

51.22% identify as having a long-term physical/mental health/health condition/disability.

Ethnic minority groups represent 15.74% of the women who access service. Both the needs assessment and the equality monitoring evidence that we support and engage with some of the most vulnerable and marginalised women in the Stockport community.

Service User Evaluation: A total of 127 women completed an anonymous service user evaluation at exit of the project

Positive Feedback from Service Users:

Weston Charity Award

Since 2014, The Weston Charity Awards, in Partnership with Pilotlight, have supported ambitious front-line charities working in the fields of community, welfare and youth to amplify the impact of their work.

In May, 2021 Stockport Women’s Centre was chosen as a winner of a Weston Charity Award, as part of the award we have access to the Pilotlight 360 program, a package of leadership coaching that we embarked on in August 2021. The programme looks at anything from operational efficiencies to sustainable long-term business strategies. After initial information-gathering we have set our goals, with

7

Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

the purpose of taking the organisation to the next level. We will have completed the program July 2022.

Safeguarding

Since 1[st] April 2021 there have been 52 safeguarding incidents including child protection, domestic abuse and mental health issues. Safeguarding support for children and families – escalating risk is managed by the Centre adhering to Stockport Metropolitan Borough Council’s Policy to ensure a multi-agency approach if appropriate.

Volunteers

The services are supported by our dedicated and generous volunteers, 75 volunteers have supported the project over the past year. Volunteers make a huge contribution to the charity, providing a wealth of skills, knowledge, and capacity.

Each role is vital and without the volunteers we would not be able to deliver services to the women of Stockport. The volunteers have many roles in the centre ranging from counsellors, psychotherapists, drop-in workers, art facilitators, group facilitators and administrators.

Our reputation as a charity, which supports women at times of stress and difficulties on their lives, has contributed to never having a shortage of women ready to offer their time to help other women.

Staff

The Women’s Centre is fortunate in having such dedicated staff who are passionate about providing outstanding services to women. The trustees would like to express their thanks to the staff for their remarkable commitment to Stockport Women’s Centre.

Main challenges in 2021-22 and how we responded: The COVID 19 Pandemic

2021-22 has continued to be a challenging year, we continued to remain open to enable women access to a safe space, we are the only accessible, safe space for women in Stockport. We were creative and flexible to continue to support women in our local communities, adapting and finding new ways to work utilising technology.

Women were offered the options on how they received support and we adapted. Many women throughout the year accessed the service via the remote offer

This brought challenges in particular, complexity and difficulty in engaging with women with multiple disadvantages.

We made sure telephone appointments were seen as the same level of commitment as a face-to-face appointment.

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Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

Certain issues were much harder to support over the phone such as helping to fill in forms and make calls to other organisations and it was felt by some caseworkers that doing personal development activities have less impact on the phone and zoom. This is reflected in feedback from women.

As agencies remain and close and thresholds to access those agencies more difficult to meet, we found ourselves identifying the services for women and then having to give additional support and advocacy to enable women to access those services.

Many women reported they were feeling isolated, for some women this was massive and we ensured that there was a fixed point of week where they had contact from the Centre.

Involving the people in our communities

This has been a challenge due to the amount of work that was delivered by phone or video conferencing.

We continued to involve the people in our community, using existing measures such as

As well as

Financial Review

The results for the year are shown in the Statement of Financial Activities. The statement shows that income for the year has decreased from £709,524 to £620,240 with expenditure decreasing from £678,379 to £598,207. This has resulted in a net surplus for the year of £22,033 (2021: £30,785).

And leaves funds at 31[st] March 2022 totalling £169,850 (2021: £147,817) of which £3,396 (2021: £13,503) is restricted.

Funding Sources

As well as the many individual supporters we would like to say thank you to the following organisations for supporting the vital work of charity.

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Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

We remain immensely thankful to all those supporters that have helped us to raise funds needed to meet the full costs of the projects and associate costs of running the project.

Reserves Policy

The policy of the trustees is to hold sufficient funds to cover three months typical running costs. The level of reserves is monitored throughout the year as part of the charity's budgetary process.

Investment Policy and Objectives

The charity does not have an investment policy. When available, funds are held in interest bearing bank accounts to maximise returns.

Risk Management

The Trustees assume responsibility for ongoing review of the risks facing the organisation. In this context, we define risk as the potential to fail to achieve our objectives and for loss, whether financial or reputational, inherent in the environment in which we operate.

Stockport Women's Centre conducts an ongoing programme of, identifying risks in the following business-critical areas. The Trustees note the following specific areas that give rise to the potential major risk areas for the forthcoming financial year.

Identified risks are classified as of low, medium or high likelihood and as having small, serious or severe potential to damage the business. Those risks with medium to high chances of occurring and/or with serious to severe potential to damage are listed, monitored and steps taken to mitigate them.

The trustees will consider the potential impact and likelihood of occurrence of these and other risks across the organisation's activities and identify the key controls required. The Board will ensure that next year there is an appropriate control framework in place, recognising that the system of internal control is designed to manage rather than eliminate the risk of failure to achieve the Charity's objectives.

The Trustees consider that Stockport Women's Centre has procedures in place to maintain strong internal controls and are satisfied that the systems of financial

10

Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

control comply in all material aspects with the guidelines issued by the Charity Commission and are operating with sufficient effectiveness to provide reasonable assurance.

Plans for the next 12 months.

We have learnt from our delivery model over the last 12 months and are to continue to offer a blended service to women face to face, telephone and/or video support. However, as other services continue to use telephone and video-based approaches to support, we will continue to be open as a safe space for women and ensure the right support is available at the right time, considering levels of risk to women and their families.

Over the next year, we would like to:

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Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

Structure, governance and management

The charity is a company limited by guarantee.

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

K Day (Chair) H M Scott C Milner H Hoy L Dolling S Harrison L Taylor J Hancock

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).

The company's current policy concerning the payment of trade creditors is to:

Trade creditors of the company at the year-end were £1,168.

Remuneration policy

Remuneration for key management is agreed by the Trustees.

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Stockport Women’s Centre Trustees’ Report (including Directors’ Report) For the year ended 31 March 2022

Statement of trustees’ responsibilities

The trustees, who are also the directors of Stockport Women's Centre for the purpose of company law, are responsible for preparing the Annual Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees' report was approved by the Board of Trustees.

K Day, Chair of the Board of Trustees

Dated: 30 November 2022

13

Stockport Women’s Centre

Independent examiner’s report to the trustees of Stockport Women’s Centre for the year ended 31 March 2022

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022 which are set out on pages 15 to 31.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your company’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 examiner’s statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Management Accountants.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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 fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts 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.

Emma Willder, FCMA, CGMA, CG(Affiliated)

Beyond Profit Ltd, G104 Bolton Arena, Arena Approach, Horwich, Bolton, BL6 6LB

Date: 1 December 2022

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Stockport Women’s Centre

Statement of Financial Activities including the Income and Expenditure Account For the year ended 31 March 2022

Notes
Unrestricted
funds
Restricted funds
Total funds 31
March 2022
£
£
£
Income and endowments from:
Donations and legacies
2
5,158
-
5,158
Charitable activities
2
488,081
125,276
613,357
Othertrading activites
2
1,725
-
1,725
Total
494,964
125,276
620,240
Expenditure on:
Raising funds
359
-
359
Charitable activities
4
462,465
135,383
597,848
Total
462,824
135,383
598,207
Net income/(expenditure) before transfers
32,140
(10,107)
22,033
Transfer between funds
-
-
0
Net movement in funds
32,140
(10,107)
22,033
Reconciliation of funds:
Total funds broughtforward
134,314
13,503
147,817
Total funds carried forward
166,454
3,396
169,850		 Unrestricted
funds
Restricted funds
Total funds 31
March 2021
£
£
£
22,853
-
22,853
561,419
123,106
684,525
2,146
-
2,146
586,418
123,106
709,524
530
-
530
538,161
140,048
678,209
538,691
140,048
678,739
47,727
(16,942)
30,785
35
(35)
-
47,762
(16,977)
30,785
86,552
30,480
117,032
134,314
13,503
147,817

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

15

Stockport Women’s Centre

Statement of cash flows for the year ended 31 March 2022

Section B Balance sheet
Notes 31 March 2022 31 March 2021
£ £
Fixed assets
Tangible assets 12 152 666
Total fixed assets 152 666
Current assets
Debtors 9
 46,586 6,801
Cashat bankandin hand 11 236,397 231,424
Total current assets 282,983 238,225
Creditors:amountsfalling duewithinone year 10 113,285 91,073
Net current assets/(liabilities) 169,698 147,152
Total net assets /(liabilities) 169,850 147,818
Funds of the Charity
Restricted funds 13
 3,396 13,503
Unrestrictedfunds 13 166,454 134,314
Total funds 169,850 147,817

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to the members of the company.

16

Stockport Women’s Centre

Statement of cash flows for the year ended 31 March 2022

Approved by the trustees on 30 November 2022 and signed on their behalf by:

----- Start of picture text -----
31 March 2022 31 March 2021
Note
£ £
Net cash (used by) / provided by operating activities 15 4,974 94,714
Cash flows from investing activities
Purchase of tangible fixed assets - -
Net cash used in investing activities - -
- -
Net cash used in financing activities
Increase in cash equivalents in the year 4,974 94,714
Cash and cash equivalents at the beginning of the year 231,423 136,709
Total cash and cash equivalents at the end of the year 15 236,397 231,423
----- End of picture text -----

The notes on pages 18 to 31 form an integral part of the financial statements.

17

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 1: Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2016.

The charity has applied the exemption available to small charities in the Charities SORP (FRS 102) and does not include a Statement of Cash Flows in these Financial Statements.

Stockport Women's Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting notes.

b) Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be reliably measured.

Income for government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received the account can be measured reliably and is not deferred.

Donations are recognised when the charity receives the funds.

Legacies are recognised on receipted or otherwise if the charity has been notified of an impending distribution, the amount is known and the receipt is expected. If the amount is not known the legacy is treated as a contingent asset.

d) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

18

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Restricted funds are funds which the donor has specified are solely to be used for particular activities.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

f) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be recognised reliability.

Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure.

All expenditure is shown inclusive of VAT.

g) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

h) Operating Leases

The charity classifies the lease of photocopying and printing equipment as operating leases; the title to the equipment remains with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

i) Tangible Fixed Assets

Individual assets costing £550 or more are capitalised at cost and are depreciated evenly over their estimated useful economic lives, as follows:

Leasehold improvements 10% straight-line
Fixtures and fitting 33% reducing balance
Computers 33% reducing balance

Tangible fixed assets are initially measured at cost and subsequently measure at cost or valuation, net of depreciation and any impairment losses.

The gain or less arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the assets, and is recognised in net income/(expenditure) for the year.

19

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

j) Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

k) Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

l) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provision re normally recognised at their settle met amount after allowing for any trade discounts due.

m) Corporation Tax

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

n) Key estimates and accounting judgements

In applying the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The Trustees’ judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates ad assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to the accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of revision and future periods, if the revision affects both current and future periods.

20

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 2: Analysis of income

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2022|2021| |Unrestricted|Restricted|Unrestricted|Restricted| |Total funds|Total funds| |funds|funds|funds|funds| |£|£|£|£|£|£| |Donations and legacies:| |-|-| |Donations and gifts|5,158|5,158|22,853|22,853| |Total|5,158|- 5,158|22,853|- 22,853| |Charitable activities:| |Performance related grants|488,081 125,276|613,357|561,419 123,106|684,525| |Total|488,081 125,276|613,357|561,419 123,106|684,525| |Other trading activites:| |-|-| |Lettings and licencing arragements|1,725|1,725|2,146|2,146| |Total|1,725|- 1,725|2,146|- 2,146| |Total income|494,964 125,276|620,240|586,418 123,106 709,524|

----- End of picture text -----

Note 3: Analysis of receipts of government grants

----- Start of picture text -----
|||| |---|---|---| |31 March 2022|31 March 2021| |£|£| |Greater Manchester Combined Authority|57,553|257,994| |Stockport MBC|15,116|15,116| |Coronavirus Job Rentention Scheme|29,477|6,894| |Total|102,146|280,004|

----- End of picture text -----

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Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 4: Analysis of expenditure

Staff costs 2022
2021
£
£
493,899
430,018
Depreciation and impairment 514
514
Computer and equipment costs
Establishment costs
Advertising and promotion
Other costs
Volunteer expenses
Beneficiary expenses
Training
Repairs and equipment maintenance
Cleaning and refuse
Professional fees
Staff expenses and travel
Sessional workers
Grant funding of activites (see note 6)
Share of support costs (see note 5)
Share of governance costs (see note 5)
Analysis by fund
Unrestrcited funds
Restricted funds		 5,534
5,119
33,692
32,699
122
5,133
916
858
10
30
4,757
13,522
220
1,963
967
9,202
1,314
3,677
2,732
12,831
1,791
1,885
27,659
73,275
574,127
590,726
14,383
72,549
6,510
11,024
2,828
3,910
597,848
678,209
462,465
538,161
135,383
140,048
597,848
678,209

22

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 5: Allocation of Governance and Other Support Costs

The total support costs and overheads attributable to charitable activity is apportioned as shown below:

Telephone
Printing and stationery		 Support Costs
Total
2021
£
£
£
4,623
4,623
5,551
1,887
1,887
2,896
6,510
6,510
8,447
Governance Costs 31 March 2022 31 March 2021
£
£
Independent Examinition 540
540
Accountancy Fees 2,288
3,370
2,828
3,910

The total governance cost attributable to charitable activities is then apportioned in the same ratio as the other support costs.

Note 6: Grants payable

Grants to institutions
Total		 31 March 2022
31 March 2021
£
£
14,383
72,549
14,383
72,549

The grants paid during the year to Women in Prison was £14,383 (2021:£nil). The amount paid to Greater Manchester Women's Support Alliance was £nil (2021: £72,549).

23

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 7: Details of certain items of expenditure

Independent examiner’s fees
Other accountancy fees
Total		 31 March 2022
£
540
2,288
2,828		 31 March 2021
£
540
3,370
3,910

24

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 8: Employees

2022 2021
£ £

Salaries and wages		 429,198 383,359

Social security costs		 32,912 27,097

Pension costs (defined contribution scheme)		 19,708 15,727
Other
 - -

Total staffcosts		 481,818 426,183

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

8.2 Average head count in the year

2022 2021
19 18
Total 19 18

8.3 Key Management Personnel

The remuneration of the key management personnel is:

2022 2021
£ £

Salaries and wages		 38,765 38,737

Social security costs		 4,130 4,135

Pensioncosts (defined contributionscheme)		 1,9381,738

Total staffcosts		 44,833 44,610

During the period the charity made use of the Coronavirus Job Retention Scheme. The amount claimed is shown in note 3.

25

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 9: Debtors

Amounts falling due within one year

Trade debtors
Total		 31 March 2022
31 March 2021
£
£
46,586
6,801
46,586
6,801

Note 10: Creditors & Accruals

Analysis of creditors: falling due within one year
Trade creditors
Accruals and deferred income
Other creditors
Total		 31 March 2022
31 March 2021
£
£
1,168
3,732
99,592
87,717
12,525
(376)
113,285
91,073

Deferred income comprises of income received by the charity in 2020 for activities taking place in 2021.

Balance at 31 March 2021
Amounts released to income earned from charitable activities
Amount deferred in period
Balance at 31 March 2022		 £
86,440
(86,440)
98,332
98,332

26

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 11: Cash at bank and in hand

Current Account
Petty Cash
Total		 31 March 2022
£
236,382
15
236,397		 31 March 2021
£
231,359
65
231,424

Note 12: Tangible Fixed Assets

Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value at 1 April 2021
Net book value at 31 March 2022		 Leasehold
improvements
Fixtures and
fittings
Computers
Total
£
£
£
£
6,921
25,046
19,833
51,800
-
-
-
-
6,921
25,046
19,833
51,800
6,921
25,046
19,167
51,134
-
-
514
514
6,921
25,046
19,681
51,648
-
-
666
666
-
-
152
152

27

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 13: Charity funds

Transfer
Balance at 1 between Balance at 31
April 2021 Income Expenditure funds March 2022
£ £ £ £
Restricted Funds
National Lottery Fund - Community Fund - 113,276 (109,880) - 3,396
The Zochonis Charitable Trust - 12,000 (12,000) - -
Lloyds Bank Foundation 13,503 - (13,503) - -
13,503 125,276 (135,383) - 3,396
-
Unrestricted Funds 134,314 494,964 (462,824) - 166,454
134,314 **494,964 ** (462,824) - 166,454
Total Funds 147,817 620,240 **(598,207) ** - 169,850
2020/21 Comparative
2020/21 Comparative
Transfer
Balance at 1 between
Balance at 31
April 2020 Income Expenditure funds March 2021
£ £ £ £
Restricted Funds
National Lottery Fund - Development Fund 3,711 - (3,711) - -
Mental Health Evaluation Project 5,849 - (5,849) - -
The Alliance of Positive Relationships 35 - - (35) -
National Lottery - Awards for All 3,065 - (3,065) - -
Greater Manchester Combined Authority 17,820 - (17,820) - -
National Lottery - COVID Response - 90,106 (90,106) - -
Lloyds Bank Foundation - 33,000 (19,497) - 13,503
30,480 123,106 (140,048) (35) 13,503
Unrestricted Funds 86,552 586,418 (538,690) 35 134,314
86,552 586,418 (538,690) 35 134,314
Total Funds 117,032 709,524 **(678,738) ** - 147,817

28

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 13: Charity funds (continued)

Restricted fund details

National Lottery Fund - Community Fund The Zochonis Charitable Trust Lloyds Bank Foundation

To develop support services to women in Stockport. To support the employment of a Mental Health Support Worker. To employ a Mental Health Women’s Case Worker.

Note 14: Analysis of net assets between funds

Fund balances at 31 March 2022 represented by:
Tangible assets
Current assets/(liabilities)		 Unrestricted
funds
Restricted
funds
Total
152 -
152
166,304
3,396
169,700
166,456
3,396
169,852

2020/21 Comparative

Fund balances at 31 March 2021 represented by:
Tangible assets
Current assets/(liabilities)		 Unrestricted
funds
Restricted
funds
Total
666 -
666
155,648
8,445
164,093
156,314
8,445
164,759

29

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 15: Reconciliation of net movement in finds to net cash flow from operating activities

Net movement in funds 2022
£
22,034		 2021
£
30,785
Add back depreciation 514 514
Decrease / (Increase) in debtors (39,785) (4,129)
(Decrease) / Increase in creditors 22,211 67,544
Net cash (used by) / provided by operating activites
4,974
Analysis of cash and cash equivalents
2022
£
Cash in hand and at bank
236,397
Total cash and cash equivalents
236,397		 94,714
2021
£
231,424
231,424

Note 16: Trustees remuneration and expenses

The trustees, nor any persons connected with them) received no remuneration or benefits for the performance of their duties.

Note 17: Related party transactions

The following are related party transactions

Name of the trustee
and/or related party		 Relationship to
charity		 Description of the
transaction(s)		 Amount Balance at
period end		 Provision for
bad debts at
period end		 Amounts written
off during
reporting period
Kay Day, Greater
Manchester Women's
Support Alliance		 Trustee of Greater
Manchester Women's
Support Alliance and
Stockport Women's
Centre		 Support services,
infrastructure costs and
contracts		 £
333,515		 £
46,455		 £
-		 £
-
Total 333,515 46,455 - -

30

Stockport Women’s Centre

Notes to the financial statements for the year ended 31 March 2022

Note 18: Donated facilities and services

Volunteers

At March 2022 the charity had 75 volunteers (2021: 44) typically contributing, on average, 3 hours per week each.

Volunteers undertake a variety of roles including counsellors, hypnotherapists, group work facilitators and administration.

We are incredibly grateful for the time given by our volunteers.

31