REGISTERED COMPANY NUMBER: 05550982 (England and Wales) REGISTERED CHARI NUMBER: 1120326 Report of the Trustees and Financial Statements for the Year Ended 30 September 2022 for ETHIOPIAN WOMEN'S EMPOWERMENT GROUP Pembroke Briggs Chartered Accountants la The Quadrant Courtyard Quadrant Way Weybridge Surrey KT13 8DR
EThIOPIAN WOMEN'S EMPOWERMENT GROUP Contents of the Financial Staternents . for the Year Ended 30 September 2022 Page Report of the Trustees 1 to 10 Independent Examinerfs Report 11 to 12 Statement of Financial Activitias 13 Balance Sheet 14 to 15 Notss to the Financial Statements 16 to 17
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP Report of the Trustees for Ihe Year Ended 30 Septsmbor 2022 REFERENCE AND ADMINISTRATIVE INFORMATION Companylcharity Name Ethiopian WorrEn's EmFowerment Group Company Registration Number 05550982 Charity Registration Number 1120326 Registered office and operational address Office 8. 7 Thorpe Chjse W10 5XL DireCtorSrUsteeS Natan DanEI Dennis Kamsonga Tabassam Shabbir Asha Hussen Independent Examiner Stephen Briggs AG4 Pembroke Briggs Chartered Accountants la The Quadrant Coutyard Quadrant Way, Weybridge Surrey. KT13 BDR Bankers Lk)yds Banking 21-25 'n9 Street London 69HW
ETHIOPIAN WOMEN'S EMPOWERFIJENT GROUP Report of the Trustees for the Year Ended 30 Septembor 2022 ACKNOWLEDGEMENTS We are really grateful to all our fvnders.. Trust for London, BME Health Forum. Hammersmith United Charities, Communty Fund, Westway Development Trus( Coop Communtty Fund, without their finantyal support we would not have been able to deliver all our services. REPORT OF THE DIRECTORsrfRUSTEES The Irusteeg are pleased to present their annual report together with consolidated and financia5 statements. for the year ended 30 September 202112022. which are prepared to meet the requirements for directors. report and accounts for Companies Act purFM)ses. The financial statements comply wth the Charitie5 Act 2011. the Companies Act 2006, the Memorandum arkd Articles of Associats"on, and Accounb"ng and Repofb"ng by Charits"es.' Statement of Recommended Practice applicable to charrties preparing their accounts in a¢¢ordan¢e with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (Effective l January 20151 OBJECTIVES The main objective of the establishment of the EWEG is to address the $o¢ial, educational, and emotional needs of the EthpIan and BLack, Asian. Minority Ethlli¢ women, refvgees and asylum seekers IBAMER} through the promotion of leaning opportunities and social Cohesion within the commur¢ity. To advance the education and training of BAMER women in need thereof within the United Kingdom by cuKtvating key skills that will assist in fvture employment and to encourage them to play an active role within the ¢ommunty. To preserve and protect the physical and mental heatth of BAMER women in need in the Unrted Kingdom by providing health infomats'on and advice. To relieve sickness. povety. financial hardship and the preservation of heatth of women and children by providing information. advice. training. support and facilities. OURVISION EWEG aims towards achieving our vision of BAMER women gaining full integratton into the UK and thriving in UK life through accessing opportuntts'es available for them to develop their potents.al and lead dignified and fuffilling Itves while making a valuable contributK)n lo society. OUR MISSION STATEMEKr BAMER women and their families experience exclusion due to language, ¢ultural and gender ¢on$lraints. This routinely leads to deprivation from support, servus and community invofvement. The EWEG was established to relieve their i591ation and enable them to achieve community social and economic integration as equal cityzens leading dignified and fulfilling INes.
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP Report of the Trustees for thg Ygar Endgd 30 Septgmbor 2022 MAIN AIMS The Ethiopian Women's Empowemlent Group is a user-led organization. Our aim is to support BAMER women to enable them to access health and social services, housing, educalM)n and employment opportunities so that they ean fulty benefft from the demoeratie system, understsnd and exercise their rights as well as integrate and fulfil their reswnsibilities like other citrzens. ACHIEVEMENTS Coffee Mornings The Coffee-morning program is a plattomi to bring women to socialise, form friendship, build contacts, netsvorks and gain infom)ation. The participants have been attending the coffee moming every week for the past year. The feedback showed that BAMER women got more fn.ends in the Ial areas, improved emotional wellbeing and shared posrtNe inf0mtion'S from othefs. Positlve Par•ntlng Skllls The positive parenting skills programme fccuses on good communication skills. respect, reward, boundaries, discipline and praise to improve their communication in the famity. As Th)sl of the women come from outside the UK their parenting skills are different than the UK parenting. The feedback showed that the participants learned and opened to communication with their children that enabled them to be closer with their Children. Respecting and rewarding the ¢hildrell sh¢)wed that chIldn became Tnore motivated to do their homework and do so¢ housework like Qkn.ng and cleaning. Leadership Skllls The aim of the leadership s skills programme is to help parhcipants to improve cornmunication skills, leadership behaviour, managing groups, leadership behaviour, assertiveness, commitment, individual qualities, and strength. The feedback showed that women rned new skills. techniques. and improved confidence. Furthemiore, women even learned new skills to manage their families and to exercise their rights in day-to4ay life. Overall. it was a very popular and informab.ve class, and the women enjoyed the class. Self-Empowem)ent Group The self*mpowerment group aims to improve dTrgital skills. and to engage in wellbeing activities like Crochet and other new skills This programme provided a space for women to explore the changes they would like lo see in themsee$, their families and eommunib"es. Each session began with a mindfulness exercise to help women rnaintsin feelings of wellbeing throughout daily life. One to One Support S8s8ion In the One-t(ne support sessions. project ccordinator and the volunteers help women on various areas who are struggling with welfrdre. housing. and other issues. The EWEG team helps women in filling fomis, advocating for health and welfare on behalf of the clients. The feedback showed that many women got relieved. got their benefits back. their houses got repaired, and their in¢ome improved.
ErHIOPIAN WOMEN'S EmPOWERmEP GROUP Report of the Trustees for the Year Ended 30 Septembor 2022 Healthy Famlly and Dlet Sesslon These sessions focus on family cooknng se$snS aiming at teaching a healthy cooking skill for parents and children. The nutrib'onist provides a healthy diet and cooking session5. The feedback showed that participants realty enjoyed the sessions. leamed new cooking skills 2nd enjoyed healthy ftxjd. Pathways to Menlal Health Awareness The workshop focuses on connecting with other people. being physically aclNe. leaming new skills, giving to others, paying attention to the present moment The feedback showed that women are motivated to do more physical exercise. to volunteer and support in the community. and they learned the Importan of gratitude. Emotional Wellbeing The EWEG Staff and volunteer5 SUPPOrt women who are expeTtencing emotional difficutbes on one- to-one basis. The programme helps to create a safe space for women to relieve their anxiety and worTies. We work with individual women up to 8 -10 times a year to acces$ $8rvices and we refer thern to appropriate services. Advice and Infomiation Advi and infomation are provided on onevlo-one basis and in group wolkshops. One-to-one advice and support aim to assist women in filling benefits and housing forms and writing complaint lellers. We invited the housing officers from the Royal Borough of Kensington and Chelsea on house overcrowding, repair, intentional homelessness, and house swap. We established a good working relatsonship with the Local Advice Setviee providers like Nucleus Legal Advice Centre, North Kensington Law ntre. and Kensington and Chelsea Citizen Advice Bureau. Health Advocacy This programme is delrvered in collai>oration with the BME health Forum. This service aims lo reduce health inequalities experienced by BAMER communib.es in Northwest London. EWEG worts with women who are unable to access N8nal Heath Service INHSI because of language barriers, lack of information regarding the complaint system. and lack of confidence. We wort( su¢¢essfulty women who ne&ls the services on one-to-one bas. We then ref8r them to other seNice providers. Exerclse Classes EWEG organised 20 Zumba sessK>ns which We preceded by a 1&minute talk about the benefits of physical exercise. The facilitslors increased partt"cipants' awareness on physFcal health benefits and explained how to create a SMART goal to make lifestyle changes as well as tips on how to stay 8Ctwe. The Zumba sessions were a well-attended activty and the women who joined gained confidence, made friends, and lost weight. Weight loss appeared to have a posib.ve effect on their chronie illness, such as bwering their blood pressure, and bsted their mental wellbeing. The feedback showed that the programrne". Enabled women to rreel new friends, share inforrrgtion. provide mutual supF<)rt and strengthen their communty. Supported women to engage rn0 in physical actsvrty.
EfHIOPIAN WOMEN'S EMPOWERMEKf GROUP Report of the Trustees for thg Year Ended 30 September 2022 Allowed women to develop their sknlls and learn new one they may not have had otherwise. Led to weight loss. redUctn of blc*)d pressure level, and improvement of emotional wellbeing. Foot and Shoulder Pain In collaboration with AGE UK the Foot Pain workshop USeS on foot pain prevention by, for example wearing the right shoes and take care of feel hygiene. The Shoulder Pain workshop focuses on spotting and preventing the symptoms of shoulder pain. The facilitator gave advice on preventing shoulder pain, by, for example. avoiding carrying and lffting heavy weights, carying the baby in the right way. and wearing wami clolhes during wnter. The feedback showed that women knowtedge and awdreness increased. Moreover, women stsrted seeking support from GPS at early stsges. Oral Health The Oral Health Workshop was given by National Health Service INHS). The aim of the programme is to encourage women to use oral health services regulaty to avoid being exposed to various oral illnesses, such as gurn disease. The facilitator talked about the signs and symptoms of unhealthy teeth, the effects of smoking and of poor oral hygiene on oral health illnesses and problems. The feedback showed that women leamed the benefits of keeping a good oral hygiene, of visibng their dentist on a regular basi5, and of using frequenuy teeth fios5. Lunch Programrne The lunch programme was delNered at Bay 20. The aim of the programme is to share different cultural cuisine. The programme sh¢)wed to be very sU$s1U1 and well attended. Depression The depression workshop was facilitated by the EWEG staff and volunleers During the workshop. the women leamed the signs and symptoms of depression. The feedback showed that mental health stigma affects women not lo see their GPS and the workshop improved their knowledge and awareness on the ways to improve their emotional wellbeing. Counselling and Support Group The Counselling and Support Group aims to support women in the organisation who are suffering frotn depression, lack of sleep and insomnia. Sometimes there are reasons like stress. excitement. trauma, reading, medrtation, biological clocks. lighL and pillows. Physical exercise also helps reducing depression and improving sleep. The feedback showed that the improvement of wEntsl wellbeing and sleep had a positive impact on multiple aspects of the participants, lives. Understanding Autlstlc Spectrnm Disorder Thi5 workshop focuses on discussing the various problems affecting individuals on the autism spectrum, such as difficulties with social interaction, being able to show empathy, communication. and flexible behaviour, and on how the demands of caring for a chikl with ASD highly impacts family members. This disability and the combinations of symptoms varies from one person to another. The workshop also aimed at having earty interventions to help chikjren's development to ensure their attendance lo mainstream schwl wtth addrtional support.
EfHIOPIAN WOMEN'S EMPOWERMENT GROUP Report of the Trustees ft>r Ihe Year Ended 30 Septombgr 2022 Digital Skills The Digital Skills Programme teaches women how to use drfferent apps on their mobile devtce, Such as Facebook for Business, Google Maps. and how to navigate online banking and online shopping. The feedback showed that the programme helped women to improve their digital skills and their confidence about online servi. As a re5uIL women started using online banking and shopping and Go¢>Jle Maps, among others. Skllls-Based Training Facebook YouTube Trading on Amazon and eBay Digital Information Support Session Communication programs This programme aims to provide guKlance and too to communicate effeclNely in different scenaiios and on different pl8tform5, such as Facebool YouTube. Amazon, and eBay. This program was particularly useful as EWEG'S beneficiaries stnjggle with language barriers. After the COVID -19 pandemic, most of the participants were highly interested to improve their digital skills. As a result of this workshop, the participants enhanced their skills in engaging in online shopping, from clothing to food. Furthemiore, the participants leamed new skn'lls on Trading Amazon and eBay that increased their income. TRAINING OF VOLUNTEERS Fwe volunteers were recruited to support the communFty and to conduct tasks of administration and outreach, such as summarising reports and running wGial rnedia a¢¢ounts to ¢ate a growng influence and reach rnre indNiduals. The training focuses on professional boundaries, punctuality, confidentiality, respect and boundaries. As a resuK volunteers are able to collect feedback from clients after sessions to help improve sessions. so they are targeted to the specthc needs of the women. NETWORKING Bay20 Communlty Centre: It serves as both roo hi and a member of the organisation. Westway Trust.. EWEG collaboratss with Wesw Twst to improve the neighbourhood environment, community. and they are our new landlord. Age UK, North Kensington Law Centre. Campden Charlty". They provides health and legal information to our community In a Wdy that is accessible and understandable. BME Health Forurn: EWEG collaborates with BME Health Forum to reduce health inequalities in Northwest London. Kensington and Chelsea Social Council: As an umbrella organisation, Kensington and Chelsea Social Coun1 proved informats'on on Ictal national funders and tralnlng$.
ETHIOPIAN WOIAEN'S EMPOWERMETrtr GROUP Report of the Trustees for the Yg•r Endod 30 Sept•mb•r 2022 Citizen Advice Bureau: It assists our clients to get a legal representation on welfare and disability benefit issues. EWEG STRATEGIC PLAN Year 2022-2027 Create new business start-up prc¥Jrammes by providing trainings for women on how lo start their own businesses through vthich they will leam how to do their own business plan as well as create employm8nL Continue with our health pronKJlion prtrjrammes by running healthy eating programs and promoting exercise classes to maintsin or lose weight and prevent chronic illnesses. Continue with our community devetopment programmes. leadership. parenting skills, Coffee Momings. and health promotion actrvrties Work strongty wrth and closer to MP and Local Councillors to bring a change in the housing and benefit system. Create a Database for women who are qualified to work and create employment with the Local council Establish youth empowerment project which addresses young women's needs. for example through training. employment and sc¢ial gathering programmes. Train Communty volunteeTS to improve our outreach. Expand our netsvork localty and nationalty to recerve updated inlormation on heatth, employment. sccial. nefftS and housing issues. Open a communty cafe at Bay 20 in Hgmrnersmtlh and Fulham. Collaborate with consortiums like BME Heatth Forum. and Kensington and Chelsea Soch21 Council, Advice UK and others. Proceed Working wf(h knice UK to acquire the advice qualty mark and other qLrality marks stsch as PQASSO 2. UPDATING EWEG POLICIES AND PROCEDURES We are updating all EWEG poli¢ie5 and prdureS and working wth Advice Quality Standard to make sure they are adhering to current legislation. We have updated our policies to include new legislations such as.. Safeguarding Policy. Equality and DNersity Polw. and Health and Safety Policy. ORGANISATION STRUCTURE AND DECISION MAKING The charity is governed by a board of trustees made up of four members, who meet every month to administer the charity. The board of trustees is the goveming body responsible for the running of the organrzatson. The role of the board is to approve.. the yeady budge( annual accounts, expendittjres, and supervise the organization's financk41 poskn.on based on regular management accounts.
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP Report of tho TTU$toes for tho Yoar Endod 30 September 2022 The managemenl of the charity is the responsibilty of the trustees who are elected under the temis of the governing dwument of the organvzats'on. The new tM)ard of tnjstees is elected annualiy al EWEG AGM by service user5. However. rf additi.onal trustees are required, the vacancy arises during the year the current board makes the appointment. We advertise our trustee re¢witment openty and transparentty. During the recruttment prccess, we conduct a skills audit of the nominated board members, so that we can recruit diverse skills needed for the developmental benefits of the charity. We fTtake sure that our board members resemble the communities we serve, for this reason we recrnit multilingual and refugee or migrant women trustees. In addition,. as we are a user-led organvzation we make sure that 50% of our board of trustees a members of our organizaknn in order to continu21ty assess the services the charity provides. USER-LED EWEG has been dellvwing grass-root programs for refugee migrant women based on their needs for the past 18 years. All our programs are 100% user-led and the inrtial developments of programs a aayS based on clear identified needs of the community we serve. In addition. we conduct assessments of needs and review present and past prcgrams to map user satisfaclior¢ and utilise findings lo influence our training and staff development. MONITORING AND EVALUATION The performance of serniw and proj are regularty checked and reviewed. The EWEG uses WaNick and Edinburgh method of evaluatr.on tools to anatyse the impacts of the projects. The evaluab'on system shows us the detsiled outcomes of the participanfs experience and performance. This method 1$ greatty appieciated by funders. partners as well ag beneficial to EWEG as we can see the drfference we make in the communty. USER FEEDBACK EWEG 15 regularfy collecting feedback during workshops and trainings. We use written feedback questionnaire based on one and one and group discussions. We consislenuy evaluate feedback to understand how successful activib.es have been and to make sure we are meet.ng the needs of women RESERVE POLICY We are ¢ommitted to ensuring the development of systems that safeguard the charity in both risk management and sustainabilty. We are keeping small amounts of unrestricted reserves to support the needs of Ihe charity in terms of organizational development and sustainability to reduce financial risk. We intend to continue contn"bub'ng to this unrestricted reserve through the generation of unrestricted income wherever possible to pay for staff costs, rent, volunteer and associated Nnning costs and to ensure that EWEG continues to provide an appropriate seNice to those who need them. Within this contexL we minimise recruitment, staff training, stsff induction and marketing G05ts to prevenl the need for redundancies caus&l by financial crisks.
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP Report of the Trustees for th? Year Endod 30 Sept•mr 2022 A fonnal policy on erVeS was agreed and updated in the meeting of the Board of TTUStees in January 2015. The trustees sel a reserve lIcY which works towards achieving its target in the year 2021. Reserves are maintained at a level which ensures that EWEG core activrties can continue during a period of unforeseen difficulty. A proporbon of reserv&s is maintained at a readily realizable fomi. Most of EWEG funding is restricted in some way and any restricted funds will be treated as restricted. The organizath)n wll build its reserve target by increased fundraising. increased earned income through trainings, donations and reducing expenditures. We will aim to allocate amount of £300 per month and {3600} a year. This must come from unrestricted funds. EWEG aims lo have reserves equNalent to a minimLFm of 3 months of running costs. ACHIEVEMENTS AND PERFORMANCE 202112022 Compared lo how COVID-19 impacted our work in the year 2020-2021. EEG managed to work more on a faCe-tface basis. As EinEG is a user led organization, we have planned and delNered all our services according to our users, needs. Our volunteers and the users have been highly involved throughout the project, taking part from the planning to the delivery of each activtty. VOLUNTEERS RECRUITMENT AND TRAINING We have been recruiting our volunteers through the Team London and London School of Economics and Political Science ILSEI websites. Our volunteers were trained on safeguarding to work with the community. especially with vulnerable individuals. Furthenrnre, they were trained on confidentiality, professional boundaries and working wth vulnerabte clients. They were encouraged to set goals, lo reflect about their experience of volunteering and to brainstomi ways they can contribute with their skills to the communty. As we are working with highly trained volunteers. they were supporting the communities by a group session and on one-tTrone basis. They also provided workshops regarding online topics such as digrtal marketing, e-commerce, online banking and IT skills that were needed the most after the COVID19 lockdown. AlongsKle the skills training. the volunteers have provided information on COVID-19. prevention. vaccines. and heaith programs related to physical and emotional wellbeing. The volunteers and staff helped women in accessing food banks and in retrieving infomiation on loans and grants for the families who lost their Jobs. Feedback showed that volunteers have learned admin and outreach skills. and service users also have improved their language, IT and employment sknlls and local infomiation. ADVICE AND INFORMATION PROJECT We provided advice and infom)ation on various issues. for example.. infomation on Universal Credit, housing application. attendance allowance, personal independence payment, infom)ation on changes and updates lo universal credit. We invited housing officers from Royal Borough of Kensington and Chelsea and various information has been provided on house over¢rowding, house-swapping. repair and provided skills on resolving neighbourhocxl probkms. We have helped families who lost their jobs during the COVIt>19 lockdown by assisting them in applying for government loans and grants. Furtherynore. we have supported families who are not able lo support their children with homework. Our volunteers assisted by helping them their homework as well as teaching IT skills through WQTk5hops and one-t(kone advisory sessions. As a SuIt of lockdown restrictions. we conduct zcon Calls and tephOne calls to assist women who are not able to corne to our offe because of disabilrty and family respon5ibilty. This has been 8xtremety useful for our clients and has granted them [re flexibility.
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP Report of the Trustees for the Year Ended 30 September 2022 STATEMENT AS TO DISCLOSURE TO OUR INDEPENDENT EXAMINERS In so far as the trustees are aware at the time of approving the trusteeg annual report= There is no relevant information of which the charrtable compan$ independent examiners are unware. and The trustees have taken all Steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the independent examiners are aware of that information. INDEPENDENT EXAMINERS Stephen Briggs of Pembroke Briggs Chartered Accountants will be proposed for re-appointment at the forthcoming Annual General Meeting. Approved by the Management Committee on and signed on behalfof the Management.. Tabbasam Shabblr Trustee Date Natsn Daniel Trustee Date 10
Independent Examlnorfs Report to the TNstees of Ethloplan Women's Empowerment Group Independent examinerfs report to the trustees of Ethiopian Women's Empowerment Group {'the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2022. Responsibilities and basis of report As the charity's 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 (Ihe 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 charity's accounts as carried out under section 145 of the Chartties Act 2011 ('the 2011 Act,). In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Page11
Independent Exarninees Report to thg Trustoes of Ethlupian Women's Empowerment Group Independent examiner's statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or the accounts do not accord with those records. or the accounts do not comply wrth 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 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 accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concems 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. Stephen Briggs ACA Pembroke Briggs Chartered Accountsnts la The Quadrant Courtyard Quadrant Way Weybridge Surrey Kr13 8DR Date: L.. Page 12
Ethio lan Womens, Em owerment Grou Statement of Finanaal Artivities for the Year Ended 30 Se tember 2022 Notes Unrestrirted Funds Totaj Funds Total Funds 2021 Funds INCOME AND ENDOWMEN75 FROM: Income from charttable artt¥ltle$ Communty Fund COVID-19 Fund Hamrnersmith United Charities Midaye People's Health Trust The Health Forum- The Ctrop Trull for London Westway Development Trust Donations and legades 91,438 17.904 5,923 5LX) 9321 9,921 8.868 8.868 7.OCKI 225 i.oio 225 io,ocx) 200 2,500 TOTAL 7.225 21,289 28,514 126,775 EXPENDITURE ON.. Expenditure on dwrftable actlvttles SalarieslENIC Volunteers, expenses Sessional & outreach worker5 Mentoring & community activf(ies Health workshops Events/childca Coffee mornlngs Roorn hire Monitoringlevaluatlon Consultancy Offlce rent Operational costs Communication & web51te Independent Examiner'5 fee 18.976 1.55S 12.252 8.133 18,976 1555 12.2S2 8,133 34,758 1.613 31.738 10.8lS 981 1.184 4,947 2,230 2.208 1.804 8,185 6.250 5.043 11.115 1.785 887 1.184 4.947 336 3.173 1,250 697 870 3,936 3.173 1,250 697 1.196 326 TOTAL 326 57.954 58.280 118.430 NET INCOMVIEXPENDITURE) 6,899 36,665 29,766 8,345 TKANSFERS BETWEEN FVNDS 36.665 29,766 8,345 NETMOVEMENTIN FUNDS 36.665 29.766 8.345 RECONCIUATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD 13.133 115.147 128,280 119,935 TOTAL FUNDS CARRIED FORWARD 20,032 78.482 98.514 128,280 The notssfom) part ofthese financial 5taternents Pa8e 13
Ethio ian Women5' Em owerment Grou IReKJstered Number: 055509821 Balance Sheet asat30Se tember 2022 Unrestricted Restricted Total Funds Funds Funds 30.09.22 Total Funds 30.09.21 Notes FIXED ASSErs Tan8ible assets CURRETr ASS Debtor5 & prepayments Cash at bank and in hand 20.032 20.032 78.482 78,482 98,514 98,514 128,280 128,280 CURRENT LIABILITIES Creditors CURRENT ASS5 20,032 78.482 98.514 128,280 TOTAL ASS5 LESS CURRENT LIABIUTIES 20,032 78.482 98,514 128,280 ASSErs 20.032 78,482 98,514 119,935 FUNDS Unrestricted funds Restricted funds 20.032 20,032 78,482 13,133 115,147 78,482 20.032 78.482 98.514 128,280 The notes form part of these finanaal statements Page 14 Continued .
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP -. Balance Sheet - contlnued 30 September 2022 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance wff(h Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charttable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each finanryal year in accordan with the requirements of Sections 394 and 395 and which otherwse comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on........................................ .... and were signed on its behalf by: T Shabbir- Trust N Daniel - Trustee The notes fonn part of these financid siatements Page 15
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP -"Notes to the Financial Statements for tha Year Ended 30 September 2022 ACCOUNTING POLICIES Basis of preparlng the financial statements The financial statements of the charitable company, which is a public benefrt entity under FRS 102. have been prepared in accordan with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The charitable company meets the definttion of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction values unless otheN4ise stated in the relevant accounting policy or note. Income Income, including income from govemment grants, whether 'capital' or 'revenue', is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, rt is probable that the income will be received and that the amount can be measured reliabty. Grants are credited to income when they are receivable, unless they are for acttvities relating specifically to a future period, in which case they are deferred to that period. Income retsivable under contracts for seniices is recognised in the financial statements in proporb'on to the percentage of completion of the contract. Donated professional services and faciliknes are recognised as income when the charity has control over the item or reiVed the seNice, any conditions associated with the donation have been met. the receipt of economic benefit from the use by the charity of the items is probable and that the economic benefit can be measured reliably in accordan with the Charities SORP (FRS 102), volunteers time is not recognised so refer to the trustees, annual report for more information about their contribution. On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity, which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market, a corresponding amount is then recognised in expenditure in the period of receipts. Page 16
ETHIOPIAN WOMEN'S EMPOWERMENT GROUP -Notes to the Financial Statements - continued for the Year Ended 30 September 2022 ACCOUNTING POLICIES - continued 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 rneasured reliably. Expenditure is classified under the following activity headings= Costs .of raising funds comprise of trading costs and the costs incurred by the charitable company including third parttes with a fundraising purpose. Expenditure on charttable activities includes the costs of delivering services and other activities undertaken to further the purposes of the charity and their associated support costs. There the costs cannot be directty attributed, they have been allocated to activities on a basis consistent with their use of resources. Other expenditure represents those items not falling into any other headings. Irrecoverable VAT is charged as a cost against the acttvty for which the expenditure was incurred. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Going concern The trustees consider that there are no material uncertainties about the charitable Company's abilty to continue as a going concern. The trustees do not consider that there are any sour$ of estimation uncertainty al the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabiltties within the next reporting period. Page17