Company number.. 6726553 Charity Number: 1126433 The Pankhurst Trust (Incorporating Manchester Women's Aid) Report and financial statements For the year ended 31st March 2025
The Pankhurst Trust (Incorporating Manchester Women's Aid) Reference and administrative information for the year ended 31st March 2025 Company number 6726553 Charlty number 1126433 Reglstered office and operatlonal address The Pankhurst Centre 60-62 Nelson Street Manchester M13 9WP Trustees Trustees, who are also dirertors under company law, who served durlng the year and up to the date of this report were as follows: Caroline Roberts-chery Joanne Peters Sara Radcliffe Janet Pickering Mary Watson Melanie Sharples Saleema Kauser Emma Rlchman Glll Cowell Glll Heaton Nicola Booth Sally Hobbs Chalr Treasurer Vice-chair Secretary Reslgned 24/04124 Reslgned 26/03/25 Key management Gail Heath personnel Suzanne Lunn Elaine De Frles Chief Executlve Officer Head of Flnance Director of Operational Services Bankers Royal Bank of Scotland Drummond House, l Redheughs Avenue, Edlnburgh, EH12 9JN CAF Bank 25 KSngs Hlll Avenue, Klngs Hlll, West Malllngi Kent, ME19 4JQ Sollcltors FREHs th 6 Floor, Barbirolli Square, Manchester M2 3BD Audltors Slade & Cooper Llmlted Beehlve Mill, Jersey Street, Ancoats, Manchester, M4 6JG
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 The trustees present their report and the audited financial statements for the year ended 31 March 2025. Included within the trustees, report is the directors, report as required by company law. Reference and adminlstrative information set out on page I forms part of this report. The financlal statements comply wlth current statutory requlrements, the Memorandum and Articles of Assoclatlon and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charltles preparlng their accounts in accordance wlth FRS 102. Objectives and activities The trustees review the alms, objectives and attlvltles of the charlty each year. This report looks at what the charity has achieved and the outcomes of its work in the reportlng period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it Is set up to help. The review also helps the trustees ensure the charity's aims, objectives and actlvltles remalned focused on Its stated purposes. The trustees have referred to the guidance contained in the Charity Commlsslon's general guldance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities wlll contrlbute to the alms and objectlves that have been set. Our Memorandum and Artlcles of Association define our charitable objects as: l. To promote the equality of women. 2. To promote the benefit of women sufferingi or at risk of sufferfngi domestlc abuse and thelr dependants with the objects of: Relievlng need, hardship and distress among such beneficlarles; b. Promotlng the mental and physlcal health of such beneficiaries. c. Advanclng the educatlon of such beneficiaries. and d. Advanclng the educatlon of the general public in relation to Issues of women's equallty and domestic abuse. 3. To secure for the publlc benefit the preser4ation, restoratlon, Improvement, enhancement and malntenance of 60-62 Nelson Street, Manchester as a building of historic and archltectural interest, which building shall house a herltage and educatlonal centre for vlsltors regarding the suffrage movement, women's equality and domestlc abuse together wlth a drop-ln centre for women, space for COnferenS, classes and social events. In 2024-25, we delivered specialist domestic abuse support to 2,051 adults and 107 children across Greater Manchester. After their time in servlce, 96% of survivors felt more confident, and 96 % felt better able to recognise abusive behaviour. We provided 38 refuge spaces for women and children, including three reserved places for women with no access to public funds through our ASHA project (formerly the Mlgrant Women's Project). We continued to deliver community-based support through our services such as: CONNE, worklng alongslde Greater Manchester Police, Early Help and Chlldren's Social Ca teams enabllng a multi-agency response to those experiencing domestic abuse; REACH, supporting indlviduals and families who are considered statutory homeless by Manchester City Council; RESTORE, our antl-stalklng service. RENEW, a Serv1 for women accessing or awaiting support from SARC; and SAHARA, supporting communities experiencing racial inequality, and IDVA, which responds to cases open in our community teams that have escalated to high risk.
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 We also offered survivors groupwork support to better understand, and heal from, their experiences, one- to-one therapeutic intervention worf( and play sessions for families living in refuge and delivered training to healthcare professionals in Manchester and Salford through our IRIS, ADVISE and MIDASS services. We were re-assessed by Safe Llves for our refuge, CONNEcf and IDVA services, and assessed for the first time for our REACH service for Leading Lights Accreditation. For all these services, we We rated GOLD meaning that we deliver high-quality, safe, and effective support to victims and survivors of domestic abuse. Our services expanded to include new programmes: REFRAME - to support women who have experienced multiple child removal. Worklng with women in a holistic way to help them overcome trauma, rediscovertheir identity and make lasting change. BECOMING RESPEFUL - a strength-based programme desSgned for men who are uslng hannful and abusive behaviours within relationships at a medium to low level risk. REACH IN THE COMMUNITY - a brand-new weekly drop In, at the Welcome Centre in Cheetham Hill, for survlvors who are experfenclng homelessness due to domestic abuse. They wlll also deliver groupwork sessions for further support around domestic abuse. WOMEN IN SAFE HOMES (WISH) - a partnership project wlth Nacro which offers 24 bed spaces for women who have experlenced homelessness and domestlc abuse. The housing Is provlded by NACRO funded by the Women in Safe Homes Fund and support is provlded collaboratively between NACRO'S accommodatlon & Housing support and a MWA speclalist support for the domestic abuse and any other support needs. ACTIVE LIVING - fundlng from Sport England to purthase outdoor exerclse equlpment for our drop ins and refuges. COST OF UVING COOKING - teachlng our refuge residents and Serv5 users In the community how to cook budget frlendly meals to help wlth the increases In the cost of Ilvlng. OurTralners contlnued to deliver intemal tralnlng across the organisation. These included Domestlc Abuse Awareness, Professlonal Boundarles, Safeguarding, Case Management, Assesslng and Managing Rlsk, Safety Planning, Adverse Chlldhood Experiences (ACES) and Trauma Informed Practice, Handling Difficult Conversatlons, as well as Stalking and Harassment. They also supported 53 boys and young men to explore the social and cultural messages on "how to be a man" through our 12 Dlalogues programme which was delivered in schools across Greater Manchester. We continued to facilitate the GMCA Women and Girls Equality Panel in partnership with GM4Women2028. The Panel aims to establlsh a clear vision for women and girls by using Its knowledge, expertise, and networks to understand and address the issues and inequalities affecting thelr Ilves. This year we also marked 50 years of delivering refuge services across Manchester. For this occasion, we chose to bring attentlon to the chlldren and young people In our refuges and fundralse to bulld four brand new play areas. We ran a successful week-long crowdfunder raising £22,600 in a week. Thls, alongside other wider fundraising, would have not been possible without partnerships with Women in Property, Women In Housing and Page Executive. We also received significant donations from the Baker Famlly Charitable Trust, Mather Famlly Charitable Trust. Ghost Town Games, Wavemaker, Gulnness Housing Partnership, Manchester Union Lager and Norfox. We celebrated White Ribbon Day and 16 days of activism by hosting a special drop in where surdivors shared thelr stories, we listened in solldarity and attendees enjoyed a tour of our museum. Our ADVISE
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 315t March 2025 Project Manager also attended a panel held at Manchester Metropolitan Unlversity wlth the author of 'Everyday Sexism, Laura Bates, Dr Malika Booker and Dr Kim Moore, We launched two brand new websites, one for Manchester Women's Aid and the Pankhurst Museum, hosted our annual Worklng Together Conference to Ilsten to the volces of survivors and revamped our 'Movlng On, groupwork programme for survlvors. Flnallyi we conducted a revlew of our Equality, Diversity and Inclusion policy which involved a consultation with staff, volunteers and service users and held our annual staff survey. Our dedicated volunteers gave 3376 hours across our MWA servlces, counselllng, phone buddy and Pankhurst Museum. Over half of our volunteers have been team members for over 2 years. l in 3 volunteers are blllngual and I In 5 volunteers have Ilved experlence of DVA. We have built partnerships with five educatlonal organisatlons this year to ensure we are offering opportunities to students across our city who are looking to gain skills and join our community. Our work would not have been possible without our dedicated volunteers who choose to Joln and glve their tlme and commStment each week. Our Pankhurst Museum saw an increase in visltors In 2024-25, despite movlng from free entry to charglng model in February 2025. We welcomed 4772 vlsltors to the museum, of whlch 21 % were children, across 94 public open days and 6 special events, with family-friendly actlvltles running in every school holiday perlod. We also took part in several one-off events, including outreach talks and the Herltage Open Days festlval. In 2024, our Engagement Officer was selected to be part of the national Heritage Open Days New Wave programme, working with our younger volunteers to codesign activities for the 18-25 age group. In March 2025, the museum was featured on BBC Newsround as part of Its coverage of International Women's Dayi where we worked with children from Oasis Academy Harpur Mount Sn Harpurhey (a school whlch was opened by Emmellne Pankhurst In 1904) to showcase the museum. Our Museum Learning programme continues to grow and Is on track to welcome 733 pupils across 26 visits during the 2024-25 school year, a 220/0 increase compared to last year. Beneficiaries of our services Our vlslon Is of a soclety where every woman has a right to be safe and to be heard and Is able to takethto drive the change she wants to see. We alm to empower our beneficlarles to make a real, Improved dlfference to their lives and to all of our communltles. We do thls by making sure the experlences and needs of the indivlduals and gmups that use our services are central to all we do and are underpinned by our core values, developed through consultation with clients, volunteers, staff and management. We can therefore rightly claim to be: Courageous by challenging inequalltyi Stepplng forward and making change. Afflrmlng by supporting and Insplringi paySng attentlon to discover what matters. Rooted by being secure in our communities, participating and nurturing a sense of belonging. Generous by sharing our skllls, creating energetlc positive links, and thriving together. and Financial revlew The trustees of the charity continue to monitor financial performance closely through the Audit Committee that meets quarterly. They are mindful of the very challenging financial environment, and an additional Sustalnability Committee has been implemented to ensure that long term financial sustainability remains a priority of the Board. There was an expettation that, during 2024-25, the outtum would be a call on reserves of around £300,000 but, by strengthening the finan team through
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 recrultment, applicatlon of firm budgetary controls and a full value for money review of our operational and property contratts we were able to end the year with a surplus of £131,785. Reserves policy The charlty intends to protect the stabllity of the organisation by provlding a mlnimum "free- reserve In unrestrlcted funds which provldes an Intemal source of funds for emergency situations and enable cashflow when high value income Is pald In arrears. The Senlor Leadership team Infonns the full Board during the approval of budgets process if and when the use of the reserves is Ilkely and an amount is then authorised for use during the relevant financlal year if it is required. This is also reviewed on an ongoing basis at the Audit Committee as part of the reporting of budgets and accounts to thls commlttee. The trustees have agreed that the minimum "free" reserves target should be calculated as follows: a) The cost of running a core service of the organisation for 3 months; plus b) Redundancy costs for all staffi plus c) An allowance for legal and professlonal fees and a modest contlngency for addltlonal unforeseen costs. As at the date of these accounts the minimum free reserves requlrement Is calculated to total £261,115. The level of reserves at 31 March 2025 Is £1,221,279 (2024.. £1,089,494). This includes the Pankhurst Centre leasehold improvements of £311,557 (2023: £315,305) and restricted reserves of £444,346 (2024: £403,125). The free reserve level is therefore £465,376. A comparison of our mlnlmum free reserves requlrement (£261,115) wlth the level of free reserves held at the date of these accounts (£465,376) leads the trustees to be satisfied that the level of free reserves Is both adequate and appropriate for the charlty. Plans for the future Our Strategic Plan for 2024-26 will contlnue to gulde us in the work that we do. We will deliver activity in accordance with our objectives and the focus for the next years is outlined In our Buslness Plan and will be: In 2025-26 we will focus on the following activlty Flnance: Contlnulng to Improve our budgetary and forecasting processes to ensure long term sustainability for PTMWA. Ongoing review of our supplier and energy contracts to ensure we achleve value for money. People & Culture: Improvlng our HR data and insight. Implementing a new People & Culture Strategy to encourage innovation, creativity and feedback. Reinvigorating our EDI Working Group.
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 Operations: Continuing to dellver hlgh quality, safe services led by and for Survivors Considering new ways of working with partners that will enable growth. Focusing on securing grants and tenders that will end in March 2026. Recruiting and ensuring our volunteers are supported. Strengthening our Business Support Officer support to provide cross organisation support. Securlng the WAFE National Quality Award. Development: Ensuring our new Strategic Leads are focussed on Local, GM and National prlorities and are ralsing funds to continue our life savlng work. Increasing our corporate donors to enable a wider reach and Increase in unrestricted funds. Delivering the new children's play areas. Implementlng our new approach to Smprovlng marketlng & communlcatlons and cross organisation engagement Govemance Continuous Improvement of Board govemance and overslght Pankhurst: Agreeing a new way forward for the Pankhurst Museum Look ahead to 2028 Unlversal Suffrage annlversary Involvement and engagement. We wlll also begln to set a new dlrection for PTMWA for 2026-31. This wlll: Have clear direction from the Board of Trustees about our forward plan. Be Informed by servlce users, staff, volunteersi partners and funders. Provide clearly artlculated objectlves that enable us to communicate our vlslon and ensure we can deliver our ambition. Remlnd staff of our vision and values throughout the year. Our work Is Informed by the acknowledgement of the severe consequences that gender inequallty continues to have on women and glrls Includlng the emotional harm abuse has on domestic abuse survivor lives. Structurei governance and management Governlng document th The organlsation is a charitable company Ilmited by guarantee, incorporated on 17 October 2008 and th registered as a charity on 24 October 2008. The company was established under a Memorandum and Articles of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Company status
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 Members of the charity guarantee to contrlbute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest In the charlty. The total number of such guarantees at 31 March 2025 was 10. Trustees The trustees are direttors of the charity and, under the company's Artlcles, are known as Board members with voting rights. They all give their tlme voluntarlly and receive no benefits from the charlty. Any expenses reclalmed from the charlty are set out In note 12 to the accounts. The Board gUlarlY undertakes a skills audit of the trustees to identify gaps in the Board experience and knowledge. New trustees are appolnted on a 3-year term confirmed at the Annual General Meeting followlng the appointment - and are recrulted to fill these skills gaps. There Is an induction and training plan in place for all trustees to strengthen their role in safeguarding and strategic planning and, In addltion to the standard Board meetings, there are a mlnlmum of two additional strategy and tralnlng days per year. In 2023-24 these focussed on areas from the Charity Govemance Code. Trustees are also able to access the organisatlon's tralnlng plan and attend any that they feel would be beneficial to their role and/or understandlng. A trustee usually represents the charity at the annual WAFE conference. Organlsatlonal structure The organisation Ss affiliated to the Women's Aid Federation of England (WAFE) but Is an independent charitable company with its own structure and operational policles. The trustees delegate day-to-day management of the charlty to the Chlef Executlve Offlcer and the Senlor Management Team who, at 31 March 2025, comprlsed: Chief Executive Officer Gall Heath Head of Flnance Suzanne Lunn Director of Operational Services Elalne De Fries Business Manager Operatlons Managers Lynne Warner Chrlstle Webster Nabeela Hussain Clare Holmes Uzma Ansari Finance Manager Ellen Rowshanzamlr HR Manager Eleanor Walker The organisational Scheme of Delegation, reviewed annually, sets out the responsibilities of the Board st and CEO/SMT which, at 31 March 2025, was as per the table below: Corporate Governance Approval of the Articles of Association, Financial and HR Policies. Preparation of all associated documents and policie5.
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 Implementation of all frameworks, policies and related processes. Preparation of all business, strategic and other plans. Recommendations to the Board for formal strategic partnerships. Approval of Regional and Local Campaigning. Preparation of Annual Budget and deterrnination of budget holders within that framework. Preparation of the Annual Report and Accounts for Board Approval. Preparation of risk management register. Maintenance of internal system of controls and framework to manage and mlnimize risk. Inform board of any material changes likely to Impact risk. Development, review and reorganisation of Organlsatlonal Structure. All appolntments and other HR issues. Liaison with auditors in conjunction with the Board's Audit and Risk Commlttee. Strategy & Campaigning Overall Direction of the Charity. Approval of strategic and business plans. Consideration and approval of formal strategic partnerships with other organisations. Approval of Natlonal Campaignin8. Approval of overall annual budget. Budgets and Expenditure Annual Reports and Accounts Risk Management Approval of the Annual Report and Accounts. Review and Approval of Risk Management Register. HR Issues Appointment and remuneration of the CEO. Remuneration structure. Appointment of auditors and conslderation of significant matters arising from the audit. Cycle of Board meetings and composltion of Board agendas. Approval of mlnutes and financlal reports. Board Recrultment. Audit Issues Administration and Governance Ensure Board functions properly via provision of effectlve admlnlstrative support. Make recommendations for agendas. Related parties and relationships with other organisations The charlty operates under two trading names - Manchester Women's Ald whlch dellvers on the domestlc abuse objectlves and the Pankhurst cent whlch delivers on heritage, culture and equalitles objectives. All core activity - executive management, finance, HR, property and performance - is dellvered by the umbrella organisation The Pankhurst Trust (Incorporating Manchester Women's Aid) (PTMWA). It is a strategic objective of the charity to deliver in partnership with other organisations as we believe this strengthens and gives breadth to the quality of servlce we can provlde to our beneficiaries. During the year we were proud to co-operate with the following organisations in pursuit of our charitable objectives. These include but are not limited to our: Local Authorityi Health and Social Care, Probatlon and Safer and Stronger Communltles, Statutory Partners in Manchester, Salford and across Greater Manchester. Speciallst Violence Against Women and Girls partners across Greater Manchester whlch Include specialist BME and Dlsabillty providers. Funders which include National, Greater Manchester, Local Authority and Family Trusts. Corporate donors who asslst us to deliver quality, safe services. Landlords that help to keep our families safe, Mosscare St Vincents, Jigsaw and One Manchester.
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 Work with schools and heritage professionals to ensure each new generation understands the legacy of the Suffragettes. And the many community-based organlsations that we work wlth to ensure survivors, and thelr famllles can thrive. Remuneration policy for key management personnel The remuneration package for all personnel comprises a basic salary and contribution to a pension scheme. All salaries are agreed by the trustees annually. The salaries of the Executive team comprislng the CEO, Head of Finance and Director of Operatlonal Services - were independently benchmarked against organlsations of a similar nature and locality in 2021. The charity Is subject to penslon auto-enrolment and contrlbutlons are currently made at 5.1 % as agreed by the trustees In 2012 and on revlew in March 2025. Risk management The trustees conslder all major rlsks to whlch the charlty is exposed and are satlsfled that the procedures In place to manage them are adequate and effectlve. The Audlt Committee meets quarterly to: "take delegated responslblllty on behalf of the Board of Trustees for ensurlng that there Is an effectlve framework for accountablllty,. for examinlng and revlewlng all systems and methods of contml, both financlal and otherwlse, Including rlsk analysls and rlsk management,. and for ensurlng the charltable company Is complylng with all aspects of the law, relevant gUlatIonS and good prartice". The organisation's risk register is reviewed by the Audit Committee at least twice yearly and by Board at least annually. All staff, management, trustees and independent rnernbers of sub-commlttees contribute to these reviews. Fundraising The charity relies on Its own staff to ralse funds to deliver activity and does not engage a third party to do thls on its behalf. As well as a dedicated Development Manager who is responslble for settlng the strategy and raising funds from private and corporate donors, most managers are trained in bid writlng and are encouraged to apply for funds for work in thelr areas. This is controlled by a Fundlng Panel that meets monthly to discuss managers Intentions and authorlse blds before submission. All activity follows the 6 principles of the Charity Commission on charity fundraising. No trustee or member of staff has been subject to investigation by any fundraising regulator. No complaints have been received about fundraising activity undertaken by PTMWA or a person on behalf of PTMWA. PTMWA'S Prlvacy Policy sets out how we store and use personal data and all fundraising actlvity is on an opt-in basis with an "unsubscribe" option at all stages.
The Pankhurst Trust (Incorporating Manchester Women's Aid) Trustees, annual report for the year ended 31st March 2025 Statement of responsibilities of the trustees The trustees (who are also dlrectors of The Pankhurst Trust (Incorporatlng Manchester Women's Ald) for the purposes of company law) are responsible for preparing the Trustees. Annual Report and the flnanclal statements In accordance with applicable law and United Kingdom Accountlng Standards (United Kingdom Generally Accepted Accounting Practlce). Company law requires the trustees to prepare financial statements for each financial year which give a true and falr vlew of the state of affairs of the charitable company and of the Incomlng resources and applicatlon of resources, including the income and expenditure, of the charltable company for that period. In preparing these financial statements, the trustees are required to: Select sultable accounting policies and then apply them consistently Observe the methods and prlnclples In the Charlties SORP Make judgements and estimates that are reasonable and prudent State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation The trustees are responsible for keeping proper accountlng records that dlsclose wlth reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularlties. In so far as the trustees are aware: There Is no relevant audlt Information of whlch the charltable company's auditors are unaware 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 auditors are aware of that Informatlon The trustees are responslble for the malntenance and Integrlty of the corporate and flnanclal information included on the charitable company's website. Legislation in the United Kingdom governing the preparatlon and dissemlnatlon of financial statements may dlffer from leglslatlon In other jurisdictions. io
The Pankhurst Trust (Incorporating Manchester Women’s Aid)
Trustees’ annual report
for the year ended 31[st] March 2025
Auditors
Slade & Cooper Ltd were re-appointed as the charitable company's auditors during the year and have expressed their willingness to continue in that capacity.
This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.
The trustees’ annual report has been approved by the trustees on 29/07/2025 and signed on their behalf by
…………………………………………………………………….
Caroline Roberts-Cherry
Chair of the Board of Trustees
11
Independent auditors, report to the members of The Pankhurst Trust (Incorporating Manchester Women's Aid) Oplnlon We have audited the financial statements of The Pankhurst Trust (Incorporating Manchester Women's Aid) (the 'charitable company,) for the year ended 31 March 2025, which comprise the Statement of Financial Activities (includlng the income and expenditure account), the Balance Sheet, the Statement of Cash Flows and the related notes. The financial reporting framework that has been applied in their preparation is appllcable law and United Kingdom Accounting Standards, including Flnancial Reporting Standard 102 The Flnancial Reporting Standard appllcable In the UK and Republlc of Ireland (United Kingdom Generally Accepted Accounting Practlce). In our opinion the flnanclal statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2025, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance wlth Unlted Klngdom Generally Accepted Accountlng Practlce; and have been prepared In accordance wlth the requlrements of the Companies Act 2006. Basls for opinlon We conducted our audit In accordance with Internatlonal Standards on Audltlng (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibllitles for the audlt of the financial statements settlon of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the flnancial statements In the UK, includlng the FRC'S Ethical Standard, and we have fulfilled our other ethlcal responsibilities In accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relating to golng concern In audltlng the flnanclal statements, we have concluded that the trustees, use of the going conrn basis of accounting In the preparatlon of the financial statements Is approprlate. Based on the work we have performed, we have not identlfled any materlal uncertalnties relatlng to events or condltlons that, Indlvidually or collettSvely, may cast signiflcant doubt on the charitable company's abi1Sty to continue as a golng concem for a perlod of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. other Information The trustees are responsible for the other Information. The other information comprises the informatlon Included in the trustees, annual report, other than the financial statements and our auditor's report thereon. Our oplnion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connettion wlth our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial 12
Independent Auditor's Report (continued) statements or our knowledge obtained in the audit or otherwlse appears to be materially misstated. If we identify such material inconslstencles or apparent material misstatements, we are requlred to determine whether there is a materlal misstatement in the financial statements or a materlal misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fatt. We have nothing to report in this regard. Oplnlons on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undertaken In the course of the audit: the information given In the trustees, report (Incorporatlng the dlrectors, report) for the financlal year for whlch the financial statements are prepared Is conslstent wlth the financial statements; and the trustees. report has been prepared In accordance wlth applicable legal requirements. Matters on which we are required to report by exception In the Ilght of our knowledge and understanding of the charitable company and its environment obtalned in the course of the audlt, we have not identified material misstatements In the trustees, report. We have nothlng to report In respect of the followlng matters In relatlon to whlch the Companles Act 2006 requires us to report to you If, In our oplnlon: adequate accountlng records have not been kept, or returns adequate for our audit have not been received from branches not vlsited by us; or the financlal statements are not in agreement with the accountlng records and retums. or certain disclosures of trustees, remuneration specified by law are not made. or we have not recelved all the information and explanations we requlre for our audlt. or the trustees were not entltled to prepare the financlal statements in accordance with the small companies, regime and take advantage of the small companies, exemptions in preparing the Trustees, Annual Report and from the requirement to prepare a strateglc report. Responslbllltles of trustees As explained more fully in the trustees, responsibilities statement set out on page 10, the trustees (who are also the dlrectors of the charltable company for the purposes of company law) are responslble for the preparation of the financial statements and for belng satlsfied that they give a true and falr vlew, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparlng the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concem, disclosingi as applicable, matters related to going concern and using the golng concem basis of accountlng unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic altemative but to do so. 13
Independent Audltor's Report (continued) Auditor's responsibilities for the audlt of the flnanclal 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 auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material mlsstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below: enquiry of management and those charged with governance around actual and potentlal Iltlgation and claims. enqulry of the charlty's staff, management and those charged with governance to identify any Instances of non-compliance with laws and regulations. reviewing minutes of meetings of those charged with governance. reviewing financlal statement disclosures and testing to supporting documentatlon to assess compliance with appllcable laws and regulations. auditlng the risk of management override of controls, Including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business. Because of the Inherent Ilmitations of an audlt, there Is a rlsk that we will not detect all Irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. Thls rlsk Increases the more that compllance 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. The rlsk Is also greater regarding Irregularities occurring due to fraud rather than error, as fraud Involves intentional concealment, forgeryi collusion, omisslon or misrepresentation. A further description of our responsibilities is available on the Financial Reporting Council's website at: htt www.frc.or onslblllties. Thls description forms part of our audltor's report. 14
Independent Auditor’s Report (continued)
Use of our report
This report is made solely to the charitable company’s members, as a body, in accordance with 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 state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Chinwe Jennifer Daniel FCCA DChA Senior Statutory Auditor
for and on behalf of
Slade & Cooper Limited Statutory Auditors Beehive Mill Jersey Street Manchester M4 6JG Date: 08/08/2025
15
The Pankhurst Trust (Incoproratlng Manchester Women's Aid) Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2025 Unrestrlcted funds Restricted funds Total funds 2025 Total funds 2024 Note Income from: Donations and legacles 68,720 60,809 129,529 112,381 Charitable activities: 1,215,199 2,213,804 3,429,003 3,403,041 Other tradlng actlvltles 69,406 69,406 56,430 Investments 4,584 4,584 6,672 Total Income 1,357,909 2,274,613 3,632,522 3,578,524 Expendlture on: Ralslng funds 8,851 8,851 6,942 Charltable actlvltles: 1,282,599 2,209,288 3,491,887 3, 745,825 Total expendlture 1,291,450 2,209,288 3,500,738 3,752,767 Net Income/(expendlture) for the year io 66,459 65,325 131,784 (174,243) Transfer between funds 24,106 (24,106) Nat movement In funds for the year 90,565 41.219 131,784 (174,243) Reconclllatlon ol funds Total funds brought forward 686,369 403,125 1,089,494 1,263,737 Total funds carrled forward 776,934 444,344 1,221,278 1,089,494 The statement of financlal activities includes all gains and losses COgnISed In the year. All Income and expendlture derive from contlnulng activltles. 16
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Company number 6726553
Balance sheet as at 31 March 2025
==> picture [525 x 323] intentionally omitted <==
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Note 2025 2024
£ £ £ £
Fixed assets
Tangible assets 15 325,957 315,305
Total fixed assets 325,957 315,305
Current assets
Stock 4,097 3,744
Debtors 16 180,597 206,582
Cash at bank and in hand 17 995,530 768,021
Total current assets 1,180,224 978,347
Liabilities
Creditors: amounts falling
due in less than one year 18 (284,903) (204,158)
Net current assets 895,321 774,189
Net assets 1,221,278 1,089,494
The funds of the charity:
Restricted income funds 20 444,344 403,125
Unrestricted income funds 21 776,934 686,369
Total charity funds 1,221,278 1,089,494
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These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The notes on pages 19 to 37 form part of these accounts.
Approved by the trustees on 29/07/2025 and signed on their behalf by:
Caroline Roberts-Cherry (Chair)
Joanne Peters (Trasurer)
17
The Pankhurst Trust {Incoprorating Manchester Women's Aid) statement of Cash Flows for the year ending 31 March 2025 2025 2024 Cash provlded by/{used In) operatlng activities 25 240,926 (137.476) Cash flows from Investlng actlvitles.. Dlvldends, interest, and rents from investments Proceed5 from sale of tangible flxed assets Purchase of tangible fixed assets Proceeds from sale of investments Purchase of investments 4,584 6,672 (18,000) Cash provlded by/(used In) Investlng actlvltles (13,416) 6,672 Cash flows from flnanclng actlvltles.. Repayment of borrowlng Cash inflows from new borrowing Cash provlded by/(used In) flnanclng actlvltle$ Increase/(decrea5e) In cash and cash equlvalents In the year 227,510 (130,804) Cash and cash equlvalents at the beglnnlng of the year 768,021 898,825 Cash and cash equlvalents at the end of the year 995,530 768.020 18
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 Accountlng policies The prlncipal accounting policies adopted, Judgments and key source5 of estimation uncertsinty In the preparation of the flnanclal statements are as follows: a Basls of preparatlon The flnanclal statements have been prepared In accordance wlth Accountlng and Reportlng by Charities: Statement of Recommended Practice appllcable to charities preparing thelr accounts In accordance wlth the Flnancial Reporting Standard applicable In the UK and Republlc of Ireland (FRS 102), second editSon - October 2019 (Charities SORP (FRS 102)), the Flnanclal Reportlng Standard applicable in the UK and Republlc of Ireland (FRS 102) and the Companles Act 2006 and UK Generally Accepted Accountlng Practice. The Pankhurst Trust (Incoproratlng Manchester Women's Aid) meets the deflnition of a public beneflt entity under FRS102. Assets and Ilabllltles are initially recognlsed at historical cost or transactlon value unless otherwlse stated In the relevant accountlng policy note. b Preparatlon ol the accounts on H golng concern basls The twstees conslder that there are no materlal uncertalntles about the charltable company's ablllty to contlnue as a going concern. The trustees have made no key judgments whlch have a significant effect on the accounts. The trustees do not conslder that there are any sources of estlmatlon uncertainty at the reporting date that have a slgnlficant rlsk of causlng a materlal adjustment to the carrylng amount of assets and Ilabilities wlthln the next reportlng perlod. 19
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (contlnued) Income Income 15 recognised when the charity has entitlement to the funds, any performance condltlons attached to the item(s) of income have been met, It is probable that the income will be recelved and the amount can be measured reliablv. Income from government and other grants, whether 'capltal' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance condltions attached to the grants have been met, It Is probable that the Income wlll be recelved and the amount can be measured rellably and Is not deferred. For legacies, entltlement is taken as the earller of the date on which elther: the charlty Is aware that probate has been granted, the estate has been finallsed and notification has been made by the executor(s) to the charity that a distributlon will be made, or when a distributlon 55 received from the estate. Recelpt of a legacyi In whole or In part, Is only consldered probable when the amount can be measured rellably and the charlty has been notlfied of the executorfs intentlon to make a distrlbution. Where legacles have been notlfied to the charity, or the charlty Is aware of the granting of probate, and the crlterla for Income recognltlon have not been met, then the legacy is a treated as a contingent asset and dlsclosed If material. Income recelved In advance of a provlsion of a speclfied servlce Is deferred untll the crlteria for Income recognltion are met. d Donated servlces and facllltles Donated professlonal servlces and donated facllltles are recognised as income when the charlty has control over the item, any condltlons assoclated with the donated stem have been met, the recelpt of economlc benefit from the use by the charity of the item Is probable and that economic beneflt can be measured rellably. In accordance with the Charltles SORP (FRS 102), general volunteer time Is not recognlsed; refer to the trustees, annual report for more information about their contrlbutlon. On receipt, donated professlonal servlces and donated facllltles are recognlsed on the basis of the value of the glft to the charlty whlch Is the amount the charlty would have been wllllng to pay to obtaln servSces or facllltles of equlvalent economlc beneflt on the open market; a corresponding amount Is then recognlsed In expendlture In the period of receipt. e Interest recelvable Interest on funds held on deposlt Is Included when recelvable and the amount can be measured rellably by the charlty. thls Is normally upon notlficatlon of the Interest pald or payable by the Bank. 20
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) f Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity, Designated funds are unrestricted funds of the charlty which the trustees have declded at thelr dlscretion to set aside to use for a specific purpose. Restricted funds are donatlons which the donor has speclfled are to be solely used for particular areas of the charlty's work or for speclfic projects belng undertaken by the charity. g Expendlture and Irrecoverable VAT Expendlture is CognISed once there Is a legal or constructive obllgatlon to make a payment to a thlrd party, It Is probable that settlement will be requlred and the amount of the obllgatlon can be measured rellably. Expendlture Is classlfled under the followlng actlvlty headlngs: Costs of ralslng funds comprise the costs of herltage goods sold at the Pankhurst Centre. Expendlture on charltable activltles Includes the costs undertaken to further the purposes of the charity and thelr assoclated support costs. other expendlture represents those Items not falllng Into any other headlng. Irrecoverable VAT Is charged as a cost agalnst the actlvlty for whlch the expendlture was Incurred. h Allocatlon of support costs Support costs are those functlons that asslst the work of the charlty but do not dlrectly undertake charitable actlvltles. Support costs Include back office costs, flnance, personnel, payroll and governance costs whlch support the charlty's programmes and actlvltles. l Operatlng leases Operatlng leases are leases In whlch the title to the assets, and the rlsks and rewards of ownershlp, remaln with the lessor. Rental charges are charyed on a stralght Ilne basls over the temi of the leose. Tanglbl• flxed a&sets Indlvldual fixed assets costlng £1,000 or more are capltallsed at cost and are depreclated over thelr estlmated useful economlc Ilves on a stralght Ilne basls as follows: Leasehold building Fixtures & Flttings Offlce Equipment Play Equlpment Website & IT equlpment Stralght Llne over the period of the lease 12.59/0 25% 250/0 21
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) k Stock Stock is included at the lower of cost or net realisable value. In general, cost Is determined on a first in, first out basis. Net realisable value is the price at which stocks can be sold in the normal course of business after allowlng for the costs of reallsation. Provislon Is made where necessary for obsolete, slow moving, and defectlve stocks. Donated Items of stock a recognised at fair value which Is the amount the charlty would have been wllllng to pay for the items on the open market. l Debtors Trade and other debtors a recognlsed at the settlement amount due after any trade dlscount offered. Prepayments are valued at the amount prepald net of any trade dlscounts due. m Cash at bank and In hand Cash at bank and cash in hand Includes cash and short term hlghly liquid Investments wlth a short maturlty of three months or less from the date of acquisltion or openlng of the deposit or slmilar account. n Credltors and provislons Creditors and provlslons are recognlsed where the charity has a present obllgatlon resultlng from a past event that will probably result In the transfer of funds to a third party and the amount due to settle the obligation can be measured or estlmated rellably. Creditors and provislons are normally recognlsed at thelr settlement amount after allowlng for any trade dlscounts due. 22
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) o Penslons Employees of the charlty are entitled to join a defined contrlbutlon 'money purchase, scheme. The charity's contribution is restricted to the contributions disclosed in note 11. There were no outstandlng contrlbutlons at the year end. Legal status of the charlty The charlty Is a company Ilmlted by guarantee reglstered In England and Wales and has no share capltal. In the event of the charlty belng wound Upi the Ilablllty In respect of the guarantee Is Ilmlted to £1 per member of the charlty. The reglstered office address Is dlsclosed on page l. Income from donations and legacles Current reportlng perlod Unrestrlcted Restricted Total 2025 Donatlons 68,720 60,809 129,529 Total 68,720 60,809 129,529 Prevlous reportlng perlod Unrestrfcted Re5trlrted Total 2024 Donatlons - Heritage other Miscellaneous Income 26,169 34,552 2,223 26,169 83,989 2,223 49,437 Total 62,944 49,437 112,381 23
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) Income from charitable activities Current reporting period Unrestricted Restricted Total 2025 Housing Related Support Rent & Service charyes Volds 495,230 722,960 (67,040) 495,230 722,960 (67,040) Subtotal for Accomodation 1,151,150 1,151,150 Salford Foundatlon Manchester Clty Council GMCA Blg Manchester IRIS Sahara NHS Trafford CCG Oglesby Charltable Trust NACRO Vlrtim capaclty fund 136,147 908,667 351,533 25,918 436,221 48,000 106,892 30,013 26,885 5,000 136,147 908,667 351,533 25,918 436,221 48,000 106,892 30,013 26,885 5,000 Subtotal for Communlty & Children 2,075,276 2,075,276 GMCA MCC Cost of Llvlng MWA 50th Womens Welfare Baker Trust Small Grants 54,469 54,469 7,500 44,839 7,500 50,000 38,269 7,500 44,839 7,500 50,000 6,549 31,720 Subtotal for Pankhurst Actlvlties & Central 64,049 138,528 202,577 Total 1,215,199 2,213,804 3,429,003 24
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) Previous reportlng perlod Unrestricted Restrirted Total 2024 Housing Related Support Rent & Service Charges Voids 479, 981 718,043 (107, 187) 479,981 718,043 (107,187) Subtotal for Accommodation 1,090,837 1,090,837 Salford Foundatlon Manchester City Councll GMCA Big Manchester Iris Sahara TLC NHS Trafford CCG Oglesby Charitable Trust Small Grants 136,147 920,172 291,036 79,760 431,476 66,000 13,945 147,764 50,000 37,500 136,147 920,172 291,036 79,760 431,476 66,000 13,945 147,764 50,000 37,500 Subtotal for Communlty & Chlldren 2,173,800 2,173,800 GMCA Reclalm Small Grants 51,875 13,856 I,ioo 51,875 13,856 72,673 71,573 Subtotal for Pankhurst Actlvltles & Central 71,573 66,831 138,404 Total 1,162,410 2,240,631 3,403,041 25
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) Income from other trading activities 2025 2024 Room Hlre and training Sales and other Income Mlscellaneous income 27,227 29,756 12,423 24,626 15,922 15,882 69,406 56,430 All income from other trading actlvltles Is unrestricted. Investment Income Current reportlng perlod Unrestricted Restrlcted 2025 Income from bank deposlts 4,584 4,584 4,584 4,584 Prevlous reportlng perlod Unrestrlcted Restrlcted 2024 Income fmm bank deposlts 6,672 6,672 6,672 6,672 Cost of ralslng funds 2025 2024 Cost of good sold 8,851 6,942 8,851 6,942 All expendlture on cost of raising funds Is unrestricted. 26
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) Analysls of expenditure on charitable activlties Pankhurst Activities, Central & Welfare Community & Children Services Accomodation & Refuges Current reportlng perlod Total 2025 Staff costs Premises Admlnlstration Depreciation Project costs Governance costs (see note 9) Support costs (see note 91 609,559 329,193 27,434 1,486,828 188 101,492 184,676 24,946 22,670 7,348 38,121 2,281,063 354,327 151,596 7,348 164,807 34,862 91,824 4,892 4,892 101,767 386,784 39,303 527,854 1,102,815 2,067,116 321,956 3,491,887 Pankhurst Actlvltles, Central & Welfare Communlty & Children Services Accomodatlon & Refuges Prevlous reportlng perlod Total 2024 staff costs Premises Administratlon Pmject Costs Depreclatlon Governance costs (see note 9) Support costs (see note 91 589, 952 388,796 24, 790 40,694 1,921 1,336,094 15,702 110,608 108,590 320,749 40,638 67,999 56,517 3,748 2,246,795 445, 136 203,397 205,801 5,669 10,672 10,672 173,404 412,317 42,634 628,355 1,219,557 1,983,311 542,957 3,745,825 2025 2024 Restrlcted expendlture Unrestricted expenditure 2,209,288 1,282,599 2,088,609 1,657,216 3,491,887 3, 745,825 27
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) Analysls of governance and support costs Current reporting perlod Basis of apportionment Support Governance Total 2025 AGM & Board Staff costs Office costs Audit fees Per event Tlme spent Floor area Governance 275 275 325,063 202,793 4,617 325,063 202,793 4,617 527,856 4,892 532,748 Prevlous reportlng perlod Basls of apportlonment Support Govemance Total 2024 Caterlng & venue hlre for meetlngs Staff costs Office costs Audlt fees Accountancy servlces Per event Time spent Floor area Governance Governance 712 712 491,906 136,449 5,400 4,560 491,906 136,449 5,400 4,560 628,355 10,672 639,027 10 Net Income/(expendlture) for the year Thls is stated after charglng/(creditlng): 2025 2024 Depreclation Operatlng lease rentals; Equipment Auditor's remuneratlon audlt fees Audltor's remuneration accountancy fees Auditor's remuneratlon payroll bureau fees 7,348 5,669 1,477 5,400 5,400 3,800 5,609 4,695 28
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) 11 Staff costs staff costs durlng the year were as follows.. 2025 2024 Wages and salaries Soclal securlty costs Penslon costs Redundancy and temiination costs staff Recruitment, travel, training, agency staff & supervision 2,166,008 195,100 77,819 36,522 2,280,139 205,895 83,381 130,677 139,286 2,606,126 2,708,701 Allocated as follows: Cost of ralslng funds Charltable actlvltles Support costs Governance costs 2,281,063 325,063 2,246, 795 491,906 2,606,126 2,738,701 One employees has employee benefits In excess of £60,000 (2024.. One). The average number of staff employed during the period was 85 (2024: 90). The average fvll time equivalent number of staff employed durlng the perlod was 74 (2024: 80). The key management personnel of the charity comprise the tnjstees, the Chlef Executlve Officer, Dlrector of Ops, Buslness Manager and Head of Flnance. The total employee beneflts of the key manaqement personnel of the charity were £197,512 (2024: £179,729). 12 Trustee remuneratlon and expensesi and related party transactlons Nelther the management committee nor any persons connected wlth them received any remuneration or relmbursed expenses durlng the year (2024: £3,216). In Februaury 2023 the CEO'S spouse was employed on a short temi contract which continued Into 2023-24. The contract was to provlde buslness support and deliver a research project. Due process was followed In securlng her servlces. Her works was managed by a third party. One member of the management committee received travel and subsistence expenses during the year of £49 (2024:£14). Aggregate donatlons from related parties were £Nil (2024: £Nil). There are no donations from related partles whlch are outside the normal course of buslness and no restricted donations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2024: nil). 29
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) 13 Government grants The govemment grants recognlsed in the accounts were as follows: 2025 2024 GMCA 406,002 342,911 406,002 342,911 There were no unfulfilled conditlons and contingencies attaching to the grants 14 Corporatlon tax The charity Is exempt from tax on Income and galns falllng wlthin Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applled to Its charltable objects. No tax charges have arisen in the charity. 15 Flxed assets: tanglble assets Leasehold Improvements Office & Play equlpment Fixtures & Flttlngs Total Cost At l April 2024 Addltlons Dlsposals 407,575 153,035 18,000 (153,035) 90,324 650,934 18,000 (243,359) (90,324) At 31 March 2025 407,575 18,000 425,575 Depreclatlon At l Aprll 2024 Charge for the year Dlsposals 92,270 3,748 153,035 3,600 (153,035) 90,324 335,629 7,348 (243,359) (90,324) At 31 March 2025 96,018 3,600 99,618 Net book value At 31 March 2025 311,557 14,400 325,957 At 31 March 2024 315,305 315,305 30
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) 16 Debtors 2025 2024 Grants recelvable Rent Debtors Prepayments and accrued Income 109,832 31,116 39,649 66,137 140,445 180,597 206,582 17 Cash at bank and In hand 2025 2024 Cash at bank and on hand 995,530 768,021 995,530 768,021 18 Credltors: amounts falling due within one year 2025 2024 Trade creditors Rent in advance other creditors and accruals Deferred Income Taxatlon and soclal securlty costs 90,571 10,374 82,156 57,862 43,940 63,495 3,038 90,238 47,387 284,903 204,158 19 Deferred Income 2025 2024 Deferred grant brought forward Grant recelved Released to Income from charltable activitles 37,500 57,862 (37,500) Deferred grant carried forward 57,862 31
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) 20 Analysis of movements in restricted funds Current reporting period Balance at l Aprll 2024 Balance at 31 March 2025 Income Expenditure Transfers Communlty Servlces IRIS Big Manchester Connect MIDASS Sahara Renew ADVISE Restore MOJ Keach & Respite Rooms NACRO Move on Project Safe In Salford Victims Capacity fund 8,470 436,221 25,918 171,418 157,249 48,000 104,614 106,892 121,434 91,099 (430,807) (25,918) (154,339) (156,018) (71,220) (140,835) (110,020) (123,072) (97,830) 13,884 17,079 1,231 37,968 36,776 57,692 48,413 61,188 72,997 60,820 58,732 (8,681) 6,731 1,462 540,005 26,885 (474,035) (26,885) (7,161) 60,271 1,304 8,726 (1,304) 136,147 (140,693) 4,180 5,000 5,000 273,699 1,970,882 (1,951,672) (10,415) 282,494 Chlldren Servlces Moj SVHR Oak Lodge Oglesby 276 35,000 40,000 30,013 (37,226) (47,161) (31,055) 1,950 7,161 19,891 18,849 20,167 105,013 (115,442) 9,111 18,849 Central & Welfare Womens Welfare MWA 50th Sport England Wavemaker 29,093 33,739 78,790 12,500 (38,418) (24,028) 24,414 59,762 12,500 5,000 5,000 (5,000) 34,093 125,029 (62,446) 96,676 Pankhurst Activltles Pankhurst Restoral Coaching W&G Panel National Trust 38,215 6,041 29,910 1,000 (21,802) 16,413 4,016 25,896 19,220 54,469 (21,245) (58,483) (1,000) 75,166 73,689 (79,728) {22,802) 46,325 Total 403,125 2,274,613 (2,209,288) (24,106) 444,344 32
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) Previous reporting perlod Balance at l Aprll 2023 Balance at 31 March 2024 Income Expendlture Transfers Communlty Servlces IRIS Big Manchester Connect MIDASS Drlve Sahara Renew ADVISE Restore 46,512 MOJ (5,946) Reach & Respite Ri 2,971 Priority Move on pi 20,035 Safe In Salford 12,143 13,276 431,476 79,760 171,417 156,971 13,945 66,000 105,600 147,764 110,837 41,099 544,846 (376,847) (88,280) (170,663) (104, 707) (27,223) (18,552) (108,080) (86,944) (98,617) (52,886) (478,508) (18,731) (139,564) (59,435) 8,520 (754) (52,264) 13,278 8,470 13,740 75,477 61,188 72,997 60,820 58,732 17,733 (67,847) 1,462 1,304 8, 726 136,147 178,208 2,005,862 (1,769,602) (140,769) 273,699 Chlldren Servlces Manchester City C< 22,537 MOJ 5,292 Oak Lodge 4,053 Oglesby 23,083 Mather 6, 938 33,500 40,000 50,000 37,500 (13,661) (38,516) (49,517) (53,192) (58,817) (15,814) 276 5,464 19,891 21,317 54,965 167,938 (213,703) 10,967 20,167 Central & Welfare Donatlons Wavemaker 21,675 5,000 49,337 (41,919) 29,093 5,000 26,675 49,337 (41,919) 34,093 Pankhurst Artlvltles Pankhurst Restorai 38,215 Coachlng 9,497 Reclalm (7,279) Labyrlnth 4,755 W&G Panel 21,635 HAR 4,119 National Trust 38,215 6,041 loo 13,856 (3,556) (16,297) 9, 720 (4,755) 51,875 (43,600) 68 29,910 (4, 187) 1,000 1,000 70,942 66,831 (63,385) 778 75,166 Total 330,790 2,289,968 (2,088,609) (129,024) 403,125 33
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) Name of restricted fund Descriptlon, nature and purposes of the fund Communlty Servlces: grants largely from varlous funders for outreach work. funded by Manchester Clty Councll, Oglesby and GMCA to support work wlth children. Chlldren Servlces: Central & Welfare: grants and donatlons for service users and thelr famllies. Pankhurst Actlvities: fundralsing and donations to support Pankhurst Centre development and droD-In actlvitv. 21 Analysls of movement In unrestrlcted funds Current reportlng perlod aiance at l April 2024 Asat31 March 2025 Income Expendlture Transfers General fund Deslgnated fund Pankhurst Lease 371,064 1,357,909 (1,287,702) 24,106 465,377 315,305 (3,748) 311,557 686,369 1,357,909 (1,291,450) 24,106 776,934 Asaiji March 2024 Prevlous reportlng perlod As at 1st Aprll 2023 Income Expendlture Transfers General fund Deslgnated fund I 613,894 319,053 1,288,556 (1,660,410) (3, 748) 129,204 371,064 315,305 932,947 1,288,556 (1,664,158) 129,204 686,369 Name of unrestrlctad fund Descrlptlon, nature and purposes of the fund The free reserves after allowlng for all deslgnated funds General fund Pankhurst Centre lease Net book value of leasehold Improvement 34
The Pankhurst Trust (Incoprorating Manchester Women's Ald) Notes to the accounts for the year ended 31 March 2025 (continued) 22 Analysis of net assets between funds Current reportlng perlod General fund Designated funds Restricted funds Total Tanglble flxed assets Net current assets/(liabilitles) 14,400 450,977 311,557 325,957 895,321 444,344 Total 465,377 311,557 444,344 1,221,278 Prevlous reportlng perlod General fund Designated funds Restricted funds Total Tanglble flxed assets Net current assets/(Ilabllltles) 315,305 315,305 774,189 371,064 403,125 Total 371,064 315,305 403,125 1,089,494 23 Operatlng lease commitments The charlty's total future minlmum lease payments under non-cancellable operating leases Is as follows Equlpment 2025 2024 Less than one year One to flve years 1,477 5,910 1,295 7,387 1,295 24 Post balance sheet events On the 27th March 2025 the Board approved a proposal for a restructure. Thls was announced to staff and implemented in April 2025. Total costs assoclated with the restructure are £93,592. 35
The Pankhurst Trust (Incoprorating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) 25 Reconclllatlon of net movement In funds to net cash flow from operatlng activltles 2025 2024 Net Income/(expenditure) for the year Adjustments for: Depreciatlon charge Dividends, Interest and rents from Investments Decrease/(Increase) in stock Decrease/(increase) in debtors Increase/(decrease) in creditors 131,784 (174,243) 7,348 (4,584) (352) 25,985 80,745 5,669 (6,672) 827 (27,271) 64,214 Net cash provlded by/(used In) operatlng 240,926 (137,476) 36
The Pankhurst Trust (Incorporating Manchester Women's Aid) Notes to the accounts for the year ended 31 March 2025 (continued) 26 Prior Year Statement of Financial Activities (including Income and Expenditure account) Unrestricted funds Restrlcted funds Total funds 2024 Total fvnds 2023 Note Income from: Donatlons and legacles 62,944 49,437 112,381 92,624 Charitable attivities: Accommodatlon Communlty Services Children's Services Pankhurst Actlvltles Central Services 1,090,836 1,090,836 2,005,862 167,938 69,231 69,174 1,133,244 1,933,009 171,367 203,481 2,005,862 167,938 66,731 2,500 69,174 other trading actlvltles 56,430 56,430 51,111 Investments 6,672 6,672 424 Total Income Expendlture on: Ralslng funds 1,288,556 2,289,968 3,578,524 3,585,260 6,942 6,942 6,152 Charitsble actlvities: Accommodatlon Communlty Services Chlldren's Servlces Central & Welfare Pankhurst Actlvities 1,219,557 1,219,557 1,769,607 213,704 289,296 253,661 1,084,239 1,659,346 185,726 238,819 344,398 1,769,602 213,703 41,919 63,385 247,377 190,276 Total expendlture 1,664,158 2,088,609 3,752,767 3,518 680 Net income/(expenditure) for the year (375,602) 201,359 {174,243) 66,580 Transfer between funds 129,024 (129,024) Net movement In funds for the year {246,578) 72,335 (174,243) 66,580 Reconciliatlon of funds Total funds brought forward 932,947 330,790 1,263,737 1,197,157 Total funds carrled forward 686,369 403,125 1,089,494 1,263,737 The statement of financial activities includes all gains and losses recognlsed In the year. All Income and expenditure derlve from continulng activlties. 37