Registered number". 06525343 Charliy number: 1124282 CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guaranlee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) CONTENTS Page Reference and administrative delalls of the Charitable Companyg Its Trustees and advisers Trustees, report Independent auditors, report on the flnancial statemen1$ Slatement ol flnanclal activities 8-11 12 Balance sheet 13-14 Statement ol cash flows 15 Notes lo Ihe financial stalements 16-34
CEKfRE FOR ACTION ON RAPE AND ABUSE (A Company limited by guarantee) REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Truslees Tina Powell, Chair Gillian Colbert, Vice Chair Dominique Blondel Linda Isaac, Treasurer Naomi Sephton Victoria Beckwrth Naz Kahn (resigned 23 March 2024) Company registered number 06525343 Charity registered number 1124282 Reglstered office Mailbox 302 Communications House 9 St. Johns Street Colchester C02 7NN Principal operallng office Mailbox 302 Communications House 9 St. Johns Slreel Colchester C02 7NN Company secretary and Helen Parr CEO Key managemenl Helen Parr and Sarah Clementson Independent audltors Griffin Chapman Stalutory Audilor Chartered Accountants 4 & 5 The Cedars, Apex 12 Old Ipswich Road Colchester Essex C07 7QR Page 1
CENTRE FOR ACTION ON RAPE AND ABUSE UMITED (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2024 The trustees present their annual report together with the financial statements of the Charitable Company. Centre for Action on Rape and Abuse (which also trades under the name CARA}, for the year 151 April 2023 10 31 March 2024. The annual report serves the purposes of both a Trustees. Report and a Directors, Report under company law. The trustees confirm that CARA'S annual report and financial statements comply with the current statulory requirements, the requirements of CARA'S governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland IFRS102) (effecttve 1 January 2019). Since CARA qualifies as small under section 382 ofthe Companies Act 2006. the Strategic report required of medium and large companies under the Companies ACT 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. CARA is govemed by its memorandum and articles of association established upon incorporation on 6 March 2009. These were later updated on 19 March 2019. The charity was registered wilh the Charity Commission on 31 May 2008. Objectives and Activilies a. Policies and oblectlves Centre for Action on Rape and Abuse {CARA) works wlth victims and survivors of sexual violence and child sexual abuse. provldlng Independent. specialist support and promoling and represenllng their rights and needs. CARA works with victims and survivors of all ages and all genders, providing a range of specialist services, including one-to-one counselling, emotional support. ISVA {Independent Sexual Violence Adviser) supporl through the criminal justice process. advocacy, support for young people. play therapy for children under 12, supporl for families and group support. CARA also undertakes activities to increase awareness and understanding of sexual violence and child sexual abuse, including by working closely wilh professionals and delivering presentations for external agencies. Our seNices are provided face-lo-face and remotely, by video link. telephone. e-mail and text. CARA recognises that women who have experienced sexual violence May need safe, women-only spaces. One floor of our Colchester premises is designated as a women-only safe space. Other rooms we use are located in shared buildings. CARA provides women-only referral pathways. meaning when women contact CARA they can be certain they will only talk with, or meet women workers. Specia5ist support services for men and boys and people of other genders are provided in set locations. Supporl from a male counsellor can be provided on request. In setting objeclives and planning for CARA'S aclivities, the trustees have given due consideration to general guidance published by the Charity Commission relaling to PLJblic benefit including the guidance 'Public benefit- running a charity IPB2}. b. Aclivities undertaken to achieve objectives CARA works in partnership with SERICC Rape and Sexual Abuse Specialist Service and Southend-on-sea Rape Crisis (SOS Rape Crisis) as Synergy Essex. Since April 2016, Synergy Essex has delivered Ihe Essex Police, Fire and Crime Commissioner contract for the provision of sexual abuse support services across Essex. Our current three-year contract has been extended for additional years and will end in March 2025. Synergy Essex intends to bid for Ihe new contracl when it is put out to tender. CARA is a member of Rape Crisis England and Wales (RCEW) and is part of the East of England RCEW Regional Network. CARA is also a member of the Survivors Trust. Page 2
CENTRE FOR ACtION ON RAPE AND ABUSE UMITED IA company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDING 31 MARCH 2024 c. Volunteers CAFIAcelebrates the facl that it has a committed volunteerteam, who contribute many hours to the charity. Voluntary roles include counsellors, advocates and volunteers who support us wilh communications activities, including writing content for our website. A number of fundraising activities and the work of Ihe Board of Trustees are also provided on a volunlary basis and staff time is regularly volunleered to support fundraising, campaigning and other events. In total our volunteers, conlribution constitutes approximately 1.IXIO hours a year. Our sincere thanks go lo all CARA volunteers. Achlevements and Performance CARA'S main achievements Over the year CARA received a total of 1.814 new referrals to our service. including 237 young people113-17} and 61 children under 12. CARA'S key achievemenls in 2023124 have been: Continuing to provide a range of high-quality services, despfte Increasing Challenges. We are proud to have delivered a range of seNices designed to meet the needs ol ourclients, despite an increased demand for longer-term support {often for clients with very complex needs), and rising costs putting increased pressure on our already stretched team and budget. We have conlinued to see huge delays in the criminal justice process. WFth a backlog of over 10,000 sexual offences waiting to go to court nationally. This is a 21°/9 increase compared lo the number waiting at Ihe same time the previous year and a 196Q/o increase from 2019. We also continue to work in a context where many statutory services, including mental health and social care, are stretched far beyond capacity.. as a result, providing patchy provision. often with long waiting times. This means that CARA is frequently the only agency supporling a victim or suNivor. Introducing a team of CARA First Contact Navlgators to triage all new referrals lo CARA, moving away from the centralised Synergy Essex First Contact Navigators service that was previously in place. This change has enabled us to shape our firsl contact and assessment Process to coordinate better with CARA'S services, providing a more nuanced and timely response for our clients. We are extremely grateful to SERICC Rape and Sexual Abuse Specialist Service for securing funding from the National Lottery Community Fund. on behalf of Synergy Essex. to SUPFX)rt us in delivering this service, which is funded unlil March 2026. Securing a new Synergy Essex contract from Essex County Council to deliver a piloi project providing specialist rape and sexual violence counselling for people who have experienced domeslic abuse. CARA is Ihe lead partner for this projecl. Although eligibility for the project is reslricted lo those victims who have lived in refuge, dispersed or sanctuary scheme accommodalion since the 291h April 2021 (when the new Domestic Abuse Duties came into force), Ihis is the first funding we have received from Essex County Council for many years, and the first recognition of the vital role that Synergy Essex plays in supporting victims of domestic abuse. In 2023124 around 27Wo of our total referrals were for victims of sexual violence within a domestic abuse relationship. Reducing waiting ilmes lor counselling for young people. In April 2023, young people were having to wait 9 months to access our counselling seNice. By March 2024, Ihis had redLJced to 3 months. This reduclion has been a result of the hard work ol our Allocations Team and Young Person's Practitioners who have been doing all they can to streamline our processes, and thanks to a granl from Colchester Calalyst Charity, which contributed lo the salary costs of an additional full-time Young Person's Practitioner. Page 3
CENTRE FOR AclloN ON RAPE AND ABUSE LIMITED (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2024 Working in partnership with Braintree Dislricl Council and Colchester City Council on three Safer Streets projecls. The projects, based in Halslead, Witham and the Mile End area of Colchester, involve working closely with CommLsnity Safety Partnerships and other local organisations, lo deliver a range of interventions to reduce violence against women and girls. CARA'S role is to provide specialist sexual violence support for viclims and suniivors within these areas. b. Key performance indicators Fundralsing activities and income generation Around 30•1• of our income in 2023124 came via contracts and grants provided Ihrough the Office ol the Police, Fire and Crime Commissioner for Essex {PFCC), distribuled through Synergy Essex. As Essex is one of five areas across England selected to pilol the devolution of the Ministry of Juslice (Mchj) Rape Support Fund. our Rape Support Fund grant is included in this total. The other main source of CARA'S income has been from grants. including from the Ministry of Justice (280A), The National Lottery Community Fund (17Y•), Essex County Council (8Y.), Safer Streets (4 %) and national and local charitable trusls (11%) including The Henry Smith Charity, BBC Children In Need, Colchester Catalyst and Braintree Dlslrlct and Eastlight Communlty Fund. A full list of our funders can be lound on pages 27 to 31 and on the CARA website. Approximately 1% of our income has been received from donations and fundraising activities, and a further 1 % from interest and earned income. CARA continues to work closely with 4 other rape crisis centres lo develop Icena Ltd, a social enterprise with a two- fold social impact.. providing services which empower individuals and create social change and generating sustainable income for rape crisis centres. In September 2023, Ina won the contracl to deliver a pilot project, providing trauma-infomied training to staff in three criminal courts in England, bringing £200,000 into its coffers. Ils business from universities and local councils also continues to grow. Icena remains a key part of CARA'S long-term sustainabilily plan. We are extremely grateful to all the organlsatlons and individuals who have supported CARA and made our work possible. Flnancial review a. Golng concern After making appropriate enquiries. the trustees have a reasonable expeclation that CARA has adequate resources to continue in operational existence for the foreseeable fulure. For Ihis reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves Pollcy CARA'S policy is that free unrestricted reserves should be held at a level equivalent lo betsveen 3-6 months running cosls. On 31 March 2024 our unrestricted reserves stand at £656,327 representing just under five months estimated running costs for 2023124. Page 4
CENTRE FOR AcfioN ON RAPE AND ABUSE LIMITED (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2024 c. Prlnclpal Rlsks and uncertainlies CARA is committed to maintaining a strong framework to ensure that risk management is an integral part of our decision-making and that operational, strategic and financial risk is managed appropriately. As part of Ihis, CARA maintains a Risk Register which identifies and monitors high level risks. The Risk Register is reviewed by trustees on a six-monthly basis, and more frequently where risks are known lo be volatile. Truslees consider the major risks to which CARA is exposed are around funding and financial sustainability. To mitigate Ihese risks, we: Pursue diverse opportuntties to generate income. Keep proper accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable regular review of our expendtture to maintain control. Structure. govemance and management a. Constilution CARA is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association. b. Methods of appointmenl or electlon of Truslees CARA'S management is the responsibility of the trustees who are elected and co-opted under the lerms of the Memorandum of Association. Trustees may, by special resolution, appoint a person who is wlling to act as a Irustee who applies in the prescribed way to the board. They may also determine the rotalion in which any additional trustees are to retire. None of the Irustees 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 its winding up. c. Organlsatlonal slructure and decislon-maklng policies CARA is run by the Chief Executive Officer and the Head ol Operations, wtth the support and oversight of the trustees. Five team managers oversee the day-to-day delivery of CARA services. d. Pollcles adopted for the induclion and training ol trustees CARA has a structured induction and training programme for trustees. CARA is also a member of Community 360 which provides training opportunilies for good governance. Pay policy for key management personnel Pay and remuneration of key management are set by ihe trustees. using the NJC pay scales as a benchmarf(. Due lo limited funding, we were unable to give a payrise in line with NJC scales in 2023124. Related party relatlonshlps Icena Lld is a social enterprise with a board made up of representatives of Rape Crisis Centres from across the Eastern Region, including CARA. Icena Ltd is owned in equal shares by CARA, along with four other charitable entities. Tina Powell has been a Direclor of both CARA and Icena Ltd during the year. CARA'S Chief Executive Officer. Helen Parr, has also been a Direclor of Icena Ltd during the year. Page 5
CENTRE FOR AclloN ON IiAPE AND ABUSE LIMrrED (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDING 31 MARCH 2024 Plans for future periods From April 2024, we anticipate a period of change with our existing CEO moving on and recruitment UndeaY to replace her. We are graleful to our CEO, Helen Parr, who has agreed a flexible end date to ensure Ihat the transition to a new CEO is as smooth as possible. The CARA Trustee Board has been reflecting on the way it operates and has agreed to undertake a governance review to ensure thal board operations are in line with best practice. In financial terms. both our short and long-term finances are less certain than in recent years. Our shared Synergy Essex Contract from the Police, Fire and Crime Commissioner for Essex is due to be re-tendered in the summer of 2024. and as much of funding we receive from the Ministry of Justice is linked to this contract, we have a considerable amount invested in securing ihis contract again. The funding we have received for the two Safer Streets projects also ends in March 2025. On the plus side, we have a number of multi-year grants in place including a new three-year granl from the Henry Smith Charity and a further Mo-and-a-half years of our exisling grant from BBC Children in Need still to rL5n. We will continue to submit new funding applications on an ongoing basis to maintain our income. Members. Ilablllty The Members of CARA guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event ol winding up. Statement of Truslees, responsibilities The trustees (who are also the directors of CARA for the purpose of company law) are responsible for preparing the Trustees Report and the Financial Statements in accordance with applicable law and Untted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the linancial statements unless they are satisfied that they give a true and fair view of Ihe state of affairs of CARA and of its incoming resources and application of resources, including ils income and expenditure, for that period. In preparing these financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently Observe Ihe methods and principles of the Charities SORP (FRS 102) Make judgements and accounting estimates that are reasonable and prudent Stale whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any matefial departures disclosed and explained in the financial statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable Company will continue in business. The trustees are responsible for keeping adequate accounting records Ihat are SLJfficient to show and explain CARA'S transactions and disclose with reasonable accuracy at any time the financial position of CARA and enable them to ensure that financial stalemenls comply wilh the Companies Act 2006. They are also responsible for safeguarding CARA'S assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 6
CENTRE FOR AcfioN ON RAPE AND ABUSE LIMITED (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2024 Disclosure of information to audltors Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that: so far as that Trustee is aware, there is no relevant audit infomiation of which the charity's auditors are unaware, and that Trustee has taken all the sleps that ought to have been taken as a Truslee in order to be aware of any relevant audit information and lo eslablish that the charitls auditors are aware of that information. Audilors The auditors, Griffin Chapman, have indicated their willingness to continue in office. The designated Trustees will propose a molion reappointing the auditors al a meeting of the Trustees. Approved by order of the members of the board of trustees and signed on their behalf. Tina Powell Chalr of the Board of Trustees Date: ZOL Page 7
CErRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) INDEPENDENT AUDITORS. REPORTTO THE MEMBERS OF CENTRE FOR ACTION ON RAPE AND ABUSE Opinion We have audited the financial statements of Centre For Action on Rape and Abuse (the 'charitable companVI for the Year ended 31 March 2024 which comprise the Statement of financial activtties, Ihe Balance sheet, the Statement of cash flows and the related notes, including a summary of significanl accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charitable companys affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure for the Year then have been propedy prepared in accordance with United lfjngdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requiremenls of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UKII and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for Ihe audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requiremenls thal are relevant to our audit of Ihe financial statements in the United Kingdom. including the Financial Reporting Council's Ethical Standard. and we have fulfilled our other elhical responsibilities in accordance with these requirements. We believe that Ihe audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relatlng to going concern In auditing the financial stalements, we have concluded thal the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainlies relating to events or conditions that, individually or Collectively, may cast significanl doubt on the charitable companvs ability to continue as a going concem for a period of at least twelve months from when the financial stalements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in Ihe relevant sections ol this report. Page 8
CEKfRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CENTRE FOR ACTION ON RAPE AND ABUSE (CONTINUED) Other information The other inlormation compfises the information included in the Annual report other than Ihe financial statements and our Auditors, report thereon. The Truslees are responsible for the other information contained wilhin the Annual report. Our opinion on Ihe financial statements does not cover Ihe other information and, except to the exlent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or olherwise appears to be materially misstated. If we identity such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatemenl of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matters prescribed by the Companles Act 2006 In our opinion, based on Ihe work undertaken in the course of the audil: the information given in the Trustees, report for the financial Year for which the financial statements are prepared is consistent with the financiaj statements. the Trustees, report has been prepared in accordance wrth applicable legal requirements. Matters on which we are requlred to report by exception In the light of our knowledge and understanding of the charitable company and its environmenl obtained in the course of the audit, we have not identified malerial misslatements in the Trustees. report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you il, in our opinion- adequate accounting records have not been kept, or returns adequate for our audit have not been received frorn branches not visiled by us., or the financial statements are not in agreement wilh Ihe accounting records and retums; or certain disclosures of Trustees, remuneration specified by law are nol made. or we have not received all the infomiation and explanations we require for our audit: or the Trustees were nol enlitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exempiions in preparing the Trustees, report and from the requirement to prepare a Strategic report. Page 9
cErRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) INDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF CENTRE FOR ACTION ON RAPE AND ABUSE {CONTINUED) Responsibilities of Irustees As explained more fully in the Trustees, resF)onsibilities statement. the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statemenls and for being satisfied that they give a true and fair view, and for such internal control as the Trustees detemiine is necessary to enable the preparation of financial statemenls that are free from material misstalement. whether due to fraud or error. In preparing the financial statements. the Truslees are responsible for assessing the charitable companvs ability to conlinue as a going concern, disclosing, as applicable. matters related to going concern and using the going concern basis of accounting unless the Trustees elther intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditors, responsibilities for the audil of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors, report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guaranlee that an audit conducted in accordance with ISAS (UK) will always delect a material misstatement when it exisls. Misstatements can arise from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis ol these financial statements. Irregularities, including fraud, are inslances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstalements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below.. We obtained an understanding of the legal and regulatory requirements applicable to the charitable company and considered thal the most significant are the Companies Acl 2006, UK financial reporting standards as issued by the Financial Reporting Council and UK taxation legislation. We obtained an understanding of how the charitable company complies with these requirements by discussions with managemenl and Ihose charged with governance. We assessed the risk of material misstatement of the financial statements. including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance. We assessed the managements own identification processes and assessment of risks, to ensure internal procedures would help identify such issues. We enquire of management and those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations. We reviewed legal correspondence and board meeting minutes to identify any matters of fraud or non-compliance. Based on this understanding. we designed specific appropriale audit procedures to identify instances of non- compliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities. including those leading to a material misstatement in the financial statements or non-compliance wilh regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements. as we will be less likely to become aware of instances of non-compliance. Page 10
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) INDEPENDENT AUDITORS, REPORTTOTHE MEMBERS OF CENTRE FOR ACTION ON RAPE AND ABUSE (coiifiNUED) The risk is also greater regarding irregularff(ies occurring due to fraud ralher than error, as fraud involves intentional concealment. forgery. collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.or .uklauditorsres nsibilities. This description forms part of our Auditors. report. Use of our report This report is rnade solely to the charitable companYs members. as a body, in accordance wtth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to stale lo them in an Auditors, report and for no other purpose. To the fullest extenl permitted by law, we do not accept or assume responsibility to anyone other than Ihe charitable company and its members, as a body, for our audit work, for this report, or lor the opinions we have formed. Thomas Maddocks FCA FMAAT (Senior statutory audilor) for and on behalf of Griff in Chaprnan Statutory Auditor Chartered Accountarrts 4 & 5 The Cedars, Apex 12 Old Ipswich Road Colchester Essex C07 7QR Date: Page11
CEKfRE FOR ACTION ON RAPE AND ABUSE {A company Ilmlted by guarantee) STATEMENT OF FINANCIAL ACTivrriES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Unreslricled funds 2024 Restricted lunds 2024 Total lunds 2024 Total funds 2025 Note Income from: Donations and grants Charitable activities Investments Other income 16,665 401,406 11,793 2.436 16.665 1,446.464 11,793 2,436 12,370 1.369, 155 6,48£ 4,553 1,045,058 Total income 432,300 1.045.058 1,4TI.358 1,392,560 Expendllure on: Raising funds Charitable activities 24,924 382,072 24,924 1,532,227 24,936 1,314,253 1.150.155 Tolal expenditure 406,996 1,150,155 1.557,151 1,339,189 Net movement in funds 25,304 (105,097) (79,793) 53,371 Reconclllatlon of lunds: Total funds brought foNard Net movemenl in funds 631,023 25,304 221.414 (105,097) 852.437 (79.793) 799,066 53,371 Total funds carrled forward 656,327 116.317 772,644 852.43/ The Statement ol financial activities includes all gains and losses recognised in the Year. The Statement ol financial activilies also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on pages 16 to 34 form part of these financiai statements. Page12
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) REGISTERED NUMBER: 06525343 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Fixed assets Investments 14 $0.1)01 50.001 50,001 50,001 Current assets Debtors Cash at bank and in hand 15 47,279 746,791 11,050 849, 751 794.070 860,801 Creditors- amounts falling due %*ithin one year (71,427) (58,365) Nel current assets 722,643 802,436 Total assels less currenl liabilltles 772.644 852.437 Nel assets excludlng pension asset T12,644 852.437 Total net assets 772,644 852,43? Charity funds Reslricted funds Unrestricted funds 17 116,317 221,474 Designated funds General funds 17 2(M),000 456,327 200.000 431,025 17 Total unrestricted funds 17 656.327 631,023 Total funds 772,644 852.437 The Trustees acknovdedge their responsibilities for complying with the requirements of the Act with respect lo accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to enlities subject to the small companies regime. The linancial statements were approved and authorised for issue by the Trustees and signed on their behalf by: Page13
CEKfRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) REGISTERED NUMBER. 06525343 BALANCE SHEEf (CONTINUED) AS AT 31 MARCH 2024 Tlna Powell Chair of the Board of Trustees Date: SL 2£&L The notes on pages 16 to 34 form part of these financial statements. Page 14
CEKfRE FOR ACTION ON RAPE AND ABUSE (A company limiled by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows from operating activltles Net cash used in operating activilies (114.753) 15,212 Cash flows from investing activities Dividends, interests and rents from investments 11,793 6,482 Net cash provided by investing actlvEties 11,793 6,482 Cash flows from flnancing activilies Net cash provided by financlng activities Change In cash and cash equivalents In Ihe Year Cash and cash equivalents at Ihe beginning of the Year (102,960) 849,751 21,694 828,057 Cash and cash equivalents at the end of the Year 746,791 849, 751 The notes on pages 16 to 34 form part of these financial statements Page15
CENTRE FOA ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 General informallon The charity is a private company limited by guarantee and registered in England & Wales. The members of the company are the Trustees named on page 1. Aceountlng policies 2.1 Basis of preparatlon of financial statements The financial statements have been prepared in accordance wilh the Charities SORP {FRS 1021 Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Slandard applicable in Ihe UK and Republic of Ireland {FRS 102) {effective 1 January 2019}, Ihe Financial Reporting Standard applicable in th8 UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Centre For Action on Rape and Abuse constitutes a public benefit enlity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the entity. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in Ihe relevant accounting policy. 2.2 Golng concem The financial statements have been prepared on a going concern basi5. as the Trustees are of the view thal the charity will be able lo continue in operationai existence for a period beyond 12 months from Ihe dale these financial statements are approved. In forming their view, they have considered the funds held as at 31 March 2024, along with plans and forecasts for a period of 24 months from the balance sheet date. 2.3 Income All income is recognised once the Charitable Company has entillement to the income, It is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on eslablishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entillement to a legacy exists when the Charitable Company has sufficienl evidence that a gift has been left to them (through knowledge of Ihe existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when il is probable that it will be received and the fair value of the amounl receivable, which will generally be the expected cash amount to be distributed to the Charitable Company, can be reliably measured. Grants are included in the Stalement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on Ihe Balance sheet. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Other income is recognised in the period in which it is receivable and to the extenl the goocjs have been provided or on completion of the service. Page 16
CEKfRE FOR ACTION ON RAPE AND ABUSE (A company limiled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (contlnued) 2.4 Expendllure Expenditure is recognised once there is a legal or constructive obligation to Iransfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activty are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis ol time spent, and depreciation Charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charitable Company to raise lunds for its charitable purposes and includes costs of ail fundraising activtties events and non- charitable trading. Expenditure on eharttable activities is incurred on directly undertaking the activities which further the Charitable Company's objectives. as well as any associaled support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Government grants Grant income is included in full in the Statement of Financial Activities when receivable. Grants, where entitlemenl is not conditional on the delivery of a specific performance by the charity. are recognised when the charty becomes unconditionally entitled to the grant. 2.6 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charitable Company,. this is nomialty UFKJn notification of the interest paid or payable by the institution with whom the funds are deposited. 2.7 Taxation The Charitable Company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company lor UK corporation tax purposes. Accordingly, the Charitable Company is potentially exempi from laxation in respecl of income or capital gains received wilhin calegories covered by Chapter 3 Part 11 of the Corporalion Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent Ihat such incorne or gains are applied exclusively lo charitable purposes. Page17
CEKfRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (contlnued) 2.8 Investments Fixed asset investments are a form of financial instrument and are inttially recognised al their transaction cost and subsequently measured al fair value at the Balance sheet date, unless the value cannot be measured reliably in which case il is measured at cost less impairment. Investment gains and losses, whether realised or unrealised. are combined arKI presented as 'GainsllLosses) on investments, in the Statement of financial activities. Investments in associates are valued at cost less provision for impairment. Investments held as fixed assets are shown at cost less prowsion for impairment. 2.9 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.10 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short malurity of three months or less from the dale of acquisition or opening of the deposit or similar account. 2.11 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a resull of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amounl of the settlement can be estimated reliably. Liabilities are recognised al Ihe amount that the Charitable Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured al the best estimate of the amounts required to settle the obligalion. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounled at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of Ihe discount is recognised in the Statement of financial activities as a finance cost. 2.12 Financial instruments The Charitable Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised al transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.13 Operatlng leases Rentals paid under operating leases are charged to the Slatement of financial activities on a straight line basis over the lease lerm. Page18
CEKfRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (continued) 2.14 Pensions The Charitable Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charitable Company to the fund in respect of the Year. 2.15 Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charilable Company and which have not been designated lor other Purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is sel out in Ihe notes to Ihe financial stalements. Restricted funds are funds which are to be used in accordance wth specilic restriclions imposed by donors or which have been raised by the Charitable Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in Ihe notes lo the financial statements. Investment income. gains and losses are ailocated to the appropriate fund. Crilical accounting estlmates and areas of judgmenl Estirnates and judgments are continually evaluated and are based on historical experience and other faclors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounling estimates and assumptions: The Charitable Company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumpiions will, by definition, seldom equal the related aclual results. There are no estimates and assumptions that are considered to have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. Income from donations and grants Unrestricted funds 2024 Tolal funds 2024 Total funds 2023 Donalions 16,665 16,665 12,370 Details of local government grants can be found in the Statement of Funds note 18. Page19
cErRE FOR ACTION ON RAPE AND ABUSE (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMEP FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable actlvllles Unrestrlcted Restricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Main aclivities 401.406 1,045.058 1.446,464 1.369, 155 Total 2023 489, 099 880,056 1,369, 155 Within the unrestricted funds income above. CARA received £401,406 (2023.. £489,099) from SERICC to work in partnership, as Synergy Essex, to help deliver the Essex Police. Fir8 and Crime Commissioner contract for the provision of sexual abuse SUPFX)rt services across Essex. Investment income Unreslrlcled funds 2024 Total funds 2024 Total funds 2023 Bank interest 11,793 11.793 6,482 Other Incoming resources Unrestricted funds 2024 Total funds 2024 Total funds 2023 Olher incoming resources 2,436 2,436 4,553 Page 20
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on raising funds Costs of raising voluntary income Unreslricled funds 2024 Tolal funds 2024 Total funds 2023 Wages and salaries 24,924 24,924 24,936 A proportion of the CEO'S payroll costs are attributed to the cost of raising funds. being 40°/p of the lotal cost. Analysls of expendlture on Charitable activilies Summary by fund type Unrestricted Restricled funds funds 2024 2024 Total 2024 Total 2023 Core activities Outreach expenses Counselling. sessional fees and social groups Wages and salaries 73.428 10.674 92.019 205.951 107,800 33.241 136.850 872,264 181,228 43.915 228,869 1,078,215 138,915 41,986 236,931 896.421 382,072 1,150,155 1.532,227 1,314,253 Total 2023 477,836 842,41/ 1.314,253 Page 21
cErRE FOR ACTION ON RAPE AND ABUSE (A company limlled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Analysls of expendilure by actlvltles Activities undertaken directly 2024 Support costs 2024 Tolal funds 2024 Total funds 2023 Core activities Oulreach costs Counselling. sessional fees and social groups Wages and salaries 103.297 43.915 228,869 1.078,215 77,931 181,228 43.915 228,869 1,078,215 138,915 41,986 236,931 896.421 1 .454,296 77,931 1.532,227 1,314,253 Total 2025 1,251.755 62,498 1,314,253 Analysis of support costs Total funds 2024 Total funds 2023 Premises costs 17,783 10,641 4,075 36,249 4,124 4,170 540 349 17,392 8,605 3,552 25,236 3,34 3.840 240 297 Office and administration costs Insurance IT and computer costs Bookkeeping and financial support Audit fees Volunteer expenses Bank charges .931 62,498 Page 22
CEMfRE FOR ACTION ON RAPE AND ABUSE (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Auditors. remuneration 2024 2025 Fees payable to the Charrtable Companvs auditor for the audit of the Charilable Company's annual accounts Fees payable to the Charitable Companvs auditor in respect of: Other financial services 3,475 3,200 3,852 3,347 12. Staff costs 2024 2023 Wages and salaries Social security costs Contribution to defined contribution pension schetnes 995,217 87.509 20.413 833,901 70.407 17,049 1,103,139 921,35? The average number of persons employed by the Charitable Company during the Year was as follows: 2024 No. 2023 No. Practitioners. advisers and co-ordinators Administration and managemenl 28 24 35 31 No employee received remuneration amounting to more Ihan £60.000 in either year. The key management personnel of the charity comprise the trustees and the senior management team as listed on page 1. The total amount of employee benefits {including employer pension contributions) received by key management personnel lor their setvices to the charity was £102.435 (2023: £101,917). 13. Trustees. remuneration and expenses During the Year, no Trustees received any remuneration or other benefits (2023 - £NIL). During the Year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £308 for travel expenses). Page 23
CENTRE FOR ACTION ON RAPE AND ABUSE (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Flxed asset inveslments Investment in associale companies Cost or valualion Additions 50.001 At 31 March 2024 50,001 Net book value At 31 March 2024 50,001 The charitable company is a Shareholder in Icena Ltd. a social enterprise incorporated in England & Wales. Associales The following was a subsidiary undertaking of the Charilable Company: Name Company Reglstered oflice or Prlnclpal actlvty number principal place ol business Class of Holdlng shares Icena Limited - year ended 31 July 2023 12100766 2 Pavilion Court. 600 Social Enterprise providing Ordinary Pavilion Drive. training and consultancy Northampton. NN4 7SL covering sexual discrimination and violence 200/. The financial results of the subsidiary for the year were- Name ProfiU(Loss) I Surplusl (Deficit) for the year Net assets Icena Limited year ended 31 July 2023 (43.991) (163,711) Page 24
CENTRE FOR ACTION ON RAPE AND ABUSE (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. Debtors 2024 2023 Trade debtors Other debtors Prepayments and accrued income 33,613 447 13.219 11,050 47,279 11,050 16. Credilors: Amounts falling due within one year 2024 2023 Trade creditors Other taxation and social securty Accruals and deferred income 16.399 23.168 31,860 23,634 21,314 13.417 71,427 58.365 Page 25
cErRE FOA ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 MARCH 2024 17. Statement of funds Statement of funds - current Year Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure Unrestrlcted funds Designated funds Designated Funds - all funds 200,000 200,000 General funds General reserves 431,023 432,300 (406.996) 456,327 Total Unrestricled funds 631.023 432,31)0 (406.996) 656,327 Restricted funds National Lottery Community Fund - Supporting CARA National Lottery Community Fund Navigators Project BBC Children in Need Mid and South Essex Community Partnership Fund Henry Smith Charity North East Essex Health and Wellbeing Community Safety Fund PFCC Violence and Vulnerability Community Safety Fund Braintree Districl and Eastlight Community Fund Colchester City Council - Mile End Safer Streets Essex Community Foundation Funds Ministry ol Justice Feel Well Fund Halslead Safer Streets Project Charles Hayward Foundation Colchester Catalyst Charity Essex County Council Tendring Hyperlocal Fund 75,207 130,910 (154,391) 51,726 123,420 31,360 <123.420) (39,734) 13.521 5,147 5,333 32,500 (5,333) (85.000) 62.500 10,000 13,729 {13,729) 14,000 {14,000) 10,125 13,500 (13,500) 10.125 19,625 (19,625) (17,511) (414,612) (27,273) (44,511) (7.500) (19,003) (114,565) (4,117) 17,511 414.612 43.184 2.083 15,911 220 7,500 3,800 865 5,883 42,648 15,000 22,803 115,430 10,000 Page 26
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limiled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 17. Statement of funds (continued) Statement of funds - current Year (contlnued) Balance at 31 March 2024 Balance al 1 April 2023 Income Expendllure Violence and Vulnerability Community Safety Fund 20,000 9,250 (20,01)0) (12,331) Other Funds 8,221 5.140 221.414 1,045,058 (1,150,155) 116,317 Total ot funds 852,437 1,477,358 (1,557,151) 772,644 Page 27
CENTRE FOR ACTION ON RAPE AND ABUSE {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 17. Slatement of funds (continued) Slatemenl of funds - prlor Year Balance al 31 March 2023 Balance al l Apnl 2022 Income Expenditure Unrestricted funds Deslgnated funds Sustainable future investment fund 200.000 200,000 General funds General reserves 415.291 512,504 (496. 772) 431,023 Total Unrestrlcted funds 615,291 512,504 (496, 772) 631,Q23 Restricted funds National Lottery Community Fund - Supporting CARA Garfield Weston Foundation BBC Children in Need Masonic Charitable Foundation Mid and South Essex Community Partnership Fund Provide Henry Smith Charity Awards for All FSJ Charities Charles S French Charttable Trust North East Essex Health and Wellbeing Alliance Communty Salety Fund PFCC Violence and Vulnerability Communty Safety Fund Braintree District and Eastlight Community Fund Colchester City Council Linklaters Essex Community Foundation Funds North East Essex Mens Mental Health Fund 41.965 25,000 13,021 18.420 166.872 (133,628) (25, 000) (40,801) (18.420) 75,207 41,301 13,521 5,333 40.000 20.000 85,000 (40,000) (15,000) (75,000) (4,447) (5,000) (3,000) 5,333 5,000 32,500 921 22,500 5,368 5,000 3.000 20.683 (6,954) 13,729 20,000 (20,000) 9. 750 1.000 13.500 20,000 2.000 17,511 (13.125) (21,000) 10,125 2.000 17,511 10.000 3,420 {10.000) (3,420) Page 28
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 17. Statement of funds (continued) Statement of funds - prior Year {continued) Balance al 31 March 2023 Balance a¢ l April 2022 Income Expenditure Ministry of Justice Feel Well Fund Braintree District Council Safer Streets Fund Colchesler Anti Loo Roll Brigade 396,639 50,000 6.250 300 (396,639) (6,816) {4,167) 43,184 2,085 300 183.775 880.056 (842,417) 221,414 Totsl of funds 799,066 1.392,560 (1,339,189) 852,437 Page 29
CENTRE FOR ACTION ON RAPE AND ABUSE (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. Stalement of Funds informatlon The amounts shown in the previous note which are carried forward relate to expenditure which will take place after the year end in accordance with terms and conditions of the grant. The funding received is given for the various activities of the charity. The restricted granls are awarded for specific purposes and Iherefore expended in accordance with the terms and condilions of the award and is expended in the limeline specified by the funder. Funding for the year to 31 March 2024 has been received for the purposes as follows: Within unrestricted funds under Charitable Activities £401,406 12023: £489,099) relates to income received from 3rd Paty Payment SERICC, to work in partnership, as Synergy Essex. to help deliver the Essex Police, Fire and Crime Commissioner contract for the provision of sexual abuse sUPPOrt services across Essex. The money received was used lor the main activities of the charity covering costs such as slaff salaries, sessional counselling fees and premises expenses where the activities take place and other related costs to aid with the objeclives of the chatTty. The National Lottery Community Fund has provided a grant - 'Supporting CARA, which started from August 2021. This grant conlribules to the salary costs of key staff. In addition grant funds were received this year from The National Lottery Community Fund for the 'Navigators Projecl, which will continue for a further two years. BBC Children in Need - to fund child therapists. salaries and sessional fees. The Henry Smith Charity provides two grants one to provide funding for the core activities of the charity and anolher lo support CARA'S new Integraled Support project. The Braintree District and Eastlight Community Fund - to provide specialist counselling in Braintree. Colchester City Council - Voluntary Welfare Grant for supporting victims and survivors of sexual violence and child sexual abuse in Colchester. Cllr Sleph Nissen's Localty Budget to support our work on the Animation in Schools project. North East Essex Health and Wellbeing Alliance Community Safety Fund supporting CARA'S new 'Integrated Support, project. The Feel Well Fund supporting CARA'S new 'lntegrated Support. project. Ministry of Justice - to support irFcreased demand for conselling and other services and to increase the capacity of our ISVA service, including by providing specialist engagement ISVAS. Mid and South Essex Community Partnership Grants Programme to provide additional specialist counselling across Mid and South Essex. This grant was shared with SERICC Rape and Sexual Abuse Specialist Service and Southend on Sea Rape Crisis. This funding is to support victims wilh higher level needs, a young persons practitioner and development of a new referral and booking system. Colchester Catalyst to support young victims of domestic violence and abuse. Colchester City Council Mile End Safer Streets project - to support specialist counselling in the Mile End area of Colchester. Braintree Districl Council Safer Streets - Halstead Safer Streets Project to support specialist counselling in Halstead and Witham. Page 30
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Braintree District Council Safer Streets - to support specialist Unselling in Halstead and Wttham. Charles Hayward Foundation SUPFX)rting CARA'S Integrated Support project. Tendring Hyperlocal Fund - to support yDung victims of sexual abuse in Harwich. Essex Community Foundation Two grants, We Ceived one to support our young person's counselling service, and the second a digital grant, used to develop StaMIlned processes for our waiting lists and allocations systems. 19. Summary of funds Summary of funds - current Year Balance at 31 March 2024 Balance at 1 Aprll 2023 Income Expenditure Designaled funds General funds 200.000 431,023 221.414 200,000 456,327 116,317 432,300 1406,996) 1.045,058 {1,150,155) Restricted funds 852.437 1.477,358 {1,557,151) 772,644 Summary of funds - prior Year Balance al 31 March 2023 Balance al 1 Apnl 2022 Income Expenditure Designated funds General funds 200.000 415,291 183, 775 200.000 431,023 221,414 512,504 880,056 (496, 772) (842.417) Restricted funds 799,066 1.392,560 (1,339. 789) 852,437 Page 31
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 20. Analysis of nel assets belween funds Analysis of nel assets between funds - curreni period Unrestricted Restrlcted funds lunds 2024 2024 Total funds 2024 Fixed asset investments Current assets Creditors due within one year 50,001 677,753 {71,427) 50,001 794,070 (71,42n 116,317 Total 656.327 116.317 772,644 Analysls of nel assets between funds - prior period Unrestricteo funds 2025 Restnctea funds 2025 Total funds 2023 Fixed asset inveslments Current assets Credilors due within one year 50,001 639,387 (58.365) 50,001 860.801 (58.365) 221,414 Total 631,023 221.414 852,437 21. Reconclliation of net movement In funds to net cash flow from operating activities 2024 2023 Net incomelexpenditure for the period las per Statement of Financial Activilies) {79,793) 53.371 Adjustmenls for: Dividends, interests and rents from investments Decreasel{increase) in debtors Increase in creditors Investments (11,793) (36,229) 13,062 (6,482) 3,869 14,454 (50,000) Nel cash provided byl(used In) operating activities (114.753) 15,212 Page 32
CENTRE FOR ACTION ON RAPE AND ABUSE (A company limiled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 22. Analysis of cash and cash equivalents 2024 2023 Cash in hand 746,791 849, 751 Tolal cash and cash equivalents 746.791 849, 751 23. Analysis ol changes In net debl At 31 March 2024 2023 Cash flows Cash at bank and in hand 849,751 (102,960) 746,791 849,751 (102.960) 746,791 24. Operatlng lease commltments At 31 March 2024 the Charitable Company had commilments to make future minimum lease payments under non-cancellable operating leases as follows: 2024 2023 Not later than 1 year Later than 1 year and not later than 5 years 14,911 25.071 8,555 Total 39,982 8,555 The following lease paymenls and changes in lease payments have been recognised in the Slatement of financial activilies- 2024 2025 Operaling lease payments Operating lease rentals Changes in lease payments arising from COVID-19 related rent concessions 50,493 43,298 The charity operates from a number of sttes which are leased primarily on a short term basis. Page 33
CEKfRE FOR ACTION ON RAPE AND ABUSE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 25. Members. liabilily Each member of the charitable company undertakes to contribule to the assels of Ihe company in the event of it being wound up while helshe is a member, or within one year after helshe ceases to be a member. such amount as may be required. nol exceeding £1 for the debts and liabilities contracted before helshe ceases to be a member. 26. Related party transactlons Owing to the nature of the charity and the compjsition of the board of trustees being drawn from public and private sector organisations, transactions may lake place with organisations in which trustees have an interest. During the previous year the charity invested £50.000 of unrestricted funds into Icena Ltd an entity in which certain key management personnel of CARA are directors, to support the growth and development of Icena Ltd. This investment is interesl free and will be re-paid in Ihe future as agreed beeen the two parties. This investment remains. Tina Powell was a director of both CARA and Icena Ltd for the year. Helen Parr was CEO and company secretary of CARA and a director of Icena Lld for the year. Page 34