Company registration number: 06675269 Charity registration number: 1129979 POW Nottingham (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March ?0?4 Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI SGL
POW Nottingham Contents Reference and Administrative Details Trustees, Report 2to8 Independent ExamineV5 Report Statement of Financial Activities Ioto 11 Balance Sheet 12 Notes to the Financial Statements 13to22
POW Nottingham Reference and Administrative Details Chairman Corrine Miller Trustees Tarze Edwards-small Corrine Miller Deirdre Bowen Heidi Barlow Chloe Philpott Natslie Dickinson Jonathan Worsley Senior Management Team Jessica Brannan, CEO Valerie Ross, Senior Manager Registered Office 16 Independent Street Nottingham NG7 3LN Company Registration Number 06675269 Charity RegistratiOD Number 1129979 Independent Examiner John O'Brien, employee of Community Accounting Plus Units l & ? North West 41 Talbot Street Nottingham NGI 5GL Page I
POW Nottingham Trustees, Report The trustees, who are directors for the purpose5 of company law, present the annual report together with the financial statements and auditors, report of the charitable company for the year ended 31 March 2024. Trustees and officers The trustees and officers serving during the year and since the year end were as follows: TnL5tees: Clive Shirland (resigned ?7 February ?024) TarLe Edwar(ts-Small Corrine Miller Dr Larissa Sandy (resigned 5 July ?023) Deirdre Bowen Heidi Barlow (appointed ?7 February 2024) Chloe Philpott (appointed ?7 February 20?4) Natalie Dickinson (appointed 15 July ?024) Jonathan Worsley (appointed 15 July ?024) Chainnan: CotTine Miller Structurey governance and management Nature ofgoveming documenl The charity 15 a company limited by guardntee and registered charity. It is operdted under the rules of its memordndum and articles of association dai¢d 1810812008 and most recently amended 2710412009. It has no share capital and the liability of each mernber in the event of winding-up is limited to £ l. Recrui¢menl and appoinlmenl oltruslees The Committee of Management is made up of the members outlined within the charity infomation, and are "the directors" of the charity. They are appointed on an annual basis at the Annual General Meeting. POW Nottingham is fortunate that it has a core of trustees with a wealth of experience. The directors represent a range of skills and knowledge that engenders infonned and intelligent debate on the issues POW Nottingham faces for both now and the future. Recrnitment of new trustees ts thorough and robust and designed to ensure that new triistees can add value to the organisation through the Skill Sets they possess. Page 2
POW Nottingham Trustees, Report Objectives and activities Objects and ainLf To preserve and protect good health. relieve financial hardship and advance education of those involved or who have been involved or are considering becoming involved in sex work by such means as the ttwtees detennine including.. A) providing 5eT]Sitive. comprehensive and free droTrin and outreach services; B) providing advice, support and counselling on such marters as sexual health. reducing drug use, family planning, social support, lifestyle changes and exiting prostiiuiion- and C) promoting awareness in the wider community and other voluntary and ststutory agencies on all matter5 regarding sex work and drug use. Page 3
POW Nottingham Trustees, Report Objectives, slralegies and aclivities POW Nottingham is a non-profit voluntary organi5ation that is here to ensure the health. safety and well-being of sex workers and those at risk of being exploited. W¢ will provide the tools to empower OUT service users to be safe. healthy and achieve positive lifestyle chang¢s" POW was launched in 1990, when local women from the sex worker community volunteered to train as researchers to assess health and intervention needs of sex workerfs in a disadvantaged area of the City of Nottingham. The World Health Organisation and 'Nottingham Health Authority, (NHS Nottinghatn City) funded this research. Gap5 in the provision of services were revealed and as a result, source5 of advice and support for working prostitutes were created. Since that time POW has evolved into a robust independent peer led charitable company shaping and changing the narure of health and welfare provisions for these socially excluded people. POW'S core aims are to preserve and promote good health, relieve financial hardship, advance the education of those involved in sex work and support lifestyle changes from those who wish to exit sex work. To achieve these aims POW provides an arrdy of services and success11Y engages with a very chaotic, vulnerable and hard to reach client group. POW clients have complex support needs relating to issues surrounding Sex work, including Class A drug and alcohol abuse, homelessness. violent and abusive experiences and mentsl and physical health issue5. Main activities to meet these needs are: A DroFin service providing.. Individual Support Needs Assessments leading to outcomes-based Support Plans. One to one support sessions; Benefit advice: Provision of creative activities- Dnig Treatment Clinics. . Needle Exchange: • Sexual Health and Contraception Clinics: Housing Clinic- Community Mental Health Clinic; Appointment options on a day when droFin is closed for clients to access I: I casework support; Clothes Bank, laundry facilities, shower room. hot meals; Support and encouragement to access mainstream services. Advice and inforniation on exiting sex work. An Outreach Service providing: . Condom and rdpe alann distribution: • Outreach Sexual Health service- Flexible out-of-hours emergency support. Sauna and flat visits. Home vi51ts; Hospital, rehab, and prison visits- . Accompanied Court Appearances: Accompanied health. housing, and benefit appoinun¢nts. Page 4
POW Nottingham Trustees, Report Public benefi¢ POW Nottingham's core role is reaching a client group not usually seen by mainstream services. In addition to helping sex workers achieve their basic needs. deal with and avoid personal crisis: POW'5 new evolved approach achieves a lasting impact on our service users. which includes helping sex workers to: progress out of sex work. ' make links and engage with the wider community. Sharing best prdctice with other organisation5 has always been a key part of our working approach. This will develop rther in the coming years sharing further learning from our delivery and evaluations. POW aciively participates in working groupslfonmis to influence strategy, in particular the local Clinical Commissioning Gr()up strategy, and the Nottinghamshir¢ Crime and Drugs Partnership. Satellite Services are provided by a range of professionals to augment the 5UPPOrt provided by the staff and volunteers at POW Nottingham. The provision of assertive outreach visits to identified hotspots in the local community is a Core part of POW'S Services ensuring that clients involved in 'On Street, and 'Off Street. sex work are accessed and engage with essential health care service5. These sessions are a vital way of accessing new and hard-to-reach clients whose lifestyles ale too chaotic, impacting ability to access other services. As a result. POW is also able to encourage new Clients to access the other services on offer at POW. as well as to make Community mediations and referra15 in order to re-engage clients with mainstream services. Outreach has a long-terni impact on engaging individuals with substance abuse issues in effective treatment- reducing adult re-offending rates- supporting victims of rape and violence; encouraging vulnerdble individuals to achieve independent living; and providing on-going support to individuals committed to exiting sex work. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Aehievements 2nd performance POW Nottingham have continued with broad ranging Services: adding extrd services and expanding our parthership work to better rneet the needs of vulnerable people in Nottingharn. We have strengthened Tclaiionships with a number of key agencies, including Sexual Assault Refe1 Centre, Homeless Health Team, The Wellbeing Hub. The Health Shop. Housing Ai(L NHS Integrnted Sexual Health Services, Community Mental Health Team, Juno. Notts SVSS. Univer51ties, Nottingham Women's Centre and LGB TQ+ Nenvork. In 2023-2024 we worked with ?73 individuals, many with complex needs. As a result of this 63 safeguarding concerns were raised and managed. Harrn minimisation remains a top prioriry for POW in line with our values and ethos. As such, in ?023-24 we distributed 11,586 condoms to on-stre¢t workers though our drop in and outreach sessions. We also distributed 1 ?,960 condoms to off-street workers. As part of the City and County harm reduction strategy we supplied 95 packs of foil and ?00 needle to individuals. Our internal POW drugs clinic was attended 116 times throughout the year, with ?4 of our clients in receipt of a methadone OT subutex prescription in order to reduce or abstain from drug Se. POW supported 50 clients with alcohol dependency. 76 individuals with an addiction to Cfdck cocaine, and 65 individuals with an addiction to heroin. These are the most prominent concerns for our client cohort and the harni reduction work through our clinic and close partnership 1th agencie5 helps us to reduce risk for these clients. Page 5
POW Nottingham Trustees, Report In addition to harni minimisation we remain a key service for vulnerable men and women to maintain good physical and sexual health. Our sexual health clinic runs on a weekly b&sis. and our Off-street Worker also support those working in saunas and flats to access self-testing, returning swab5 to the sexual health clinic for testing. In 2023-24 POW worked with 135 active sex workers, 37 inactive. 5 who have recently exit¢d, 9 who have returned and 79 who did not want to disclose their sex working status. During the year 53 discu55ions took place around wanting support with progression or exiting sex work. In 2023-24 we continued our weekly partnerships with homeless health clinic. and community mental health. We also held additional clinics testing for blood born vin]ses, such as HIVIHep testing. POW ha5 worked with 143 professionals on 1031 occ&sions to sllprt clients, and demonstrating increased need for partnership working. Another top Priority for POW remains safety for sex workers and those at risk. To this end we supported 48 individuals who reported an assault and individuals who reported the offence to the police. We discuss domestic abuse with 43 individuals and made relevant refeal$. Housing and maintaining housing remains precarious for many of our vulnerable clients, with it being discussed with 9? individuals this year. Our Cuent infomiation suggests that i6 POW clients have no fLxed abode, 8 are street homeless and 7 living in hostels. Throughout the year POW supported 59 people in crisis. This includes work with multi-agency teams around 5af¢guardin& homelessness, probation, criminal justice, benefits. debL drug addition, and mental and physical health. Our STEP project h&s worked with ?4 young people. with 18 receiving intens¢ support around the issues they are facing. such as sexual and criminal exploitation. We have been part of the national Safer Inhala(ion Pipes Project (SIPP) during this lasi year, completing surveys with services users to gather inforniation around their crdck use and the impact on their health. We have then provided 33 people with clean crack pipes kits and are now in the stsge of gathering further health inforn)ation after the intervention. POW wa5 also awarded the C Card tender by Nottingham City Council. which entai15 delivering the condom distribution scheme to 13-24 year olds in Nottkngham Ciry. This has grown our profile and got our names out to new networks. We purchased a new outreach van in October. which has allowed a more reliable outreach service to our clients. OUT bid to BUPA and Clothworkers were successfvl and has resulted in important improvements to our heating system and garden, benefiting both clients and staff. POW now delivers training about working with sex workers to all new police officers in Nottinghamshire Police. This has meant we can provide further understanding to barriers such as stigmi criminalisation and addiction. Throughout the year we have worked closely with the University of Nottingham on 'Creating Opportunities for Sex Worker Justice,. developing a new reporting tool for sex workers to report crimes. We are continuing this working into the next financial year. Our Business Plan ha5 been reviewed during this perio(l this will help us to identify and clarify our aims over the next 5 years. Page 6
POW Nottingham Trustees, Report We have continued to network, attending events, inputting to local and national strategy, creating new partnerships. and promoting the work of POW. Financial review POW Nottingham will see a surplus this year, due to the timing of grdnt payments, Staff shortage. and a generous donation from East Midlands Sexual Health in the wake of their service5 closing. Going fonvard we now have a nearly full staff team and we envisage that our income and outgoing5 will be in line. Our p051tion is omfortable going knto the next financial year. Policy on reserves POWS policy is to operate with a reserve balance that will sUPPOrt POW for a four month period in a fluid funding environment. Page 7
POW Nottingham Truste, Report Statement of RponsIbIlItIeS The tnistees {vAio are also the directots of POW Notttngham for the purposes of conipany law) are responsible foi. preping tlie ttee$, report and the financial stateinents in accordance with applicable law and United Kingdom Accounting Staiidards (United Kingdom Generdlly Accepted Accounting Practice), incliiding FRS 102 The Finaii¢i&l Reporting Stsndard applicable in the UK and Republi¢ of Ireland" The report and accounts Iiav¢ been prepared in accordance with the provisions in the Companies Act 2006 relating to small conipanies. Company law requires the trustees to ppare financial statemcnts for eacli financial year. Under company law th¢ truste¢s must not approve tlie financial statenients unless they are satisfied that they give a true and fair view of the state of affairs of the charitable coinpany and of the incoining iesources and application of resourc¢s, including its incoine and expenditure, of tlie charitable company for that period. In preparing these financial statements, th¢ trustees are required . select suitable accounting poli¢ies and apply them consistently. observe th¢ methods arKI prlliciples in the Charities SORP. make judgements and tillIateS that are reasonable )d prudenL state whetber applicable accounting standards, ¢omprisin8 FRS 102 have been followed, subjed to any matei'ial deparmits disclosed and explained in the financial statements; and prepare ilie finaiicial statemettts on the goiDg concen) basis unless it is inappropriate to presunie that the charitsble Compatty will continue in busine5S. The tte¢S are responsible for ketping proper accounting records that can disclose with reasonable a¢curncy at any time the fin1cla[ position of the charitable coinpany and enable theni to ensure that tlie financial stateiiients con)ply with the cOmp]LeS AGt 2006. They are also responsible for safeLvuarding tlie assets of t]i¢ charitable conipany and lience for taking reasonable steps for tile prevention and detection of fraud and otlier irregularities. Tlie lThtees ar¢ responsible for the maintenance and integrity of the Corporate and financial inforiiiation included on the charitable CoMpanS website. Legisl&tion goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small companies provision statemellt This report lias been prepared in accordance with dic small mpanIeS rcgime under thc Conipafties Act 2006. Il J.17..1 The arniual report was approved by the trustees of the tharity on .. d signed oil its behalf by: e Miller Cbairnian and trustee
POW Nottingham Independent Examiner's Report to the trustees of POW Iyottingham ('the Company,) Independent examiner'5 report to the trustees of POW Nottingham {'the Company,) I report to the charity tn15tees on my examination of the accounts of the company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trusiees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 2006 ('the ?006 Act,). Having satisfied myself that the accounts of the Company are not requiTed to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ?01 l ('the 2011 Act.). In Carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5Xb) of the 2011 Act. Independent examiner's statemenl Since the Company s gross income exceeded £250,000 your examiner rn$t be a member of a body listed in section 145 of the ?0 I l Act. I confirni that l arn qualified to undertake the examination because l am a member and Fellow of the Association of Charity Independent Examiners, ,hICh is one of the listed bodie5. I have completed my examination. I confirni that no matters have come to my atteniion in connection with the examination giving me cause to believe that in any material respecl.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or 2. the accounts do not accord with those recor(Ls: or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and faiv view which is not a matter considered as part of an independent examination- or 4. the accounts have noi been prepared in accordance with the m¢thod5 and principles of the Statement of Recommended Practice for accounting and reporting by charitie5 [applicable to charitie5 preparing their accounts in accordance with the Firwicial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be in this report in order to enable a proper underswiding of the accounts to be reached. John O'Brien Msc, FAIA, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity independent Examiners Units l & ? North West 41 Talbot Street Nottingham NGI 5GL Date.. 13.12.2024 Page 9
POW Nottingham Statement of Financial Activities for the Year Ended 31 March 2024 Uneluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Chariiable activities Other tradir]g activities tnvestment income 198.420 469 198,420 330,70? 110.411 2?1,91? 735 253 330.2i3 777 777 Total Income 199.666 330.233 5?9,899 333,311 Expenditure on: Charitable activities (61,816) (355.?24) (417,040) (259,497) Total Expenditure (61,816) {355 ?24) (417,040) (259,497) Net incomel(expenditure) 137.850 (?4.991) 112,859 73,814 Net movement in fvnds 137,850 (24.991) 112,859 73.814 Reconeiliation of funds Total funds brought forward 231.728 46,965 ?78.69J 204,879 Total fvnds catTied forward 17 i69,578 ?1.974 391,55? 278,693 All of the charity's activities derive from continuin8 operations during the above two periods. The funds breakdown for the period is shown in note 17. Th¢ notes on pages 13 to 22 form an iniegral part of these financial statements. Page 10
POW Nottinghan] Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previou5 accounting period and are included for Comparative purposes Unrestricted Restricted Total funds fund5 2023 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 110,411 2.128 735 ?53 110,411 ?21,912 735 253 ?19,784 Total income I li,527 ?19.784 333,311 EApenditure on: Charitable activities ()9,392) {?20,105) (?59,497) Total expenditure Net incomel(expenditure) (39,i92) (?20,105) (?59.497) 74,135 (321) 73.814 Net movement in ndS 74.135 (321) 73,814 Reconciliation of funds Total funds brought forward Total funds CWTied forward 157.593 47,286 ?04.879 17 ? j1,728 46,965 278,693 The notes on pages 13 w ?2 forni an iniegral part of these financial statements. Page 11
POW Nottingham (Registration number: 06675269) Balance Sheet xs at 31 March 2024 2024 2023 Note Cuyi'ent assets Debtors Casli at bank and in l)and io 12.336 384,901 397,237 3.265 281,391 284.656 Creditoi?: Amounts fallittg due within one year Net Assets 5,685 391,552 278,693 Fun(ts of the charity: Resli'icted iiicon)e fuiids R¢sti'icttd funds 17 21,974 46,965 Uiii'estricted income funds Unrestricted funds 369,578 231,728 Totgl funds J7 39l.552 278,693 For the financÈal year ending 31 Marckn 2024 the charity was entitled to exemption frojn audit under seclion 477 of the Companies AGt 2006 relatiiig to small MpanIeS. Directors, responsibilities: The members Imve not required the charity to obtsin audit of its accounts for the year in question in accordance witli seGtion 476. and Tlie directois acknowledge their responsibilities for complying with the requirements of th¢ Act with respect to accounting recoi'(L8 and the preparation of &ccounts. T1ie5e financial statements have been prepared in a¢cordance with the special provisio1 relatiug to coinpanies subject to tlie s11 compauies regime within Part 15 of the Compatsies A¢t 21)06. Tlie finan¢iai ststements on pages 10 to 22 were approv¢d by the tTUStees. and autlioiised for issue on ItlILlz4 and signed on their bejialf by: Corrine Miller CbairiDan and tnLStee The notes on pages 13 to 22 fom] an integrnl part of these financial statements. Page 12
POW Nottingham Notes to the Financial Statements for the Year Ended 31 Marcb 2024 l Accounting policies Summary of significant accounling policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compliance The financial statements have been Prepared in accordance with Accounting and Reporting by Charities.. Statement of RecoTnmended Practice (applicable ro chariiies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) (Charitie5 SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10?) and the Companies Act ?006. Basis of preparation POW Nottingham meets the definition of a public benefii entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Going coneern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this asse55meni in respcct of a period of one year from the date of approval of the financial statements. Exemption from preparing a cash flow slatement Under the exemption available to smaller charities the Board of Tnlstees has chosen not to include a Statement of Cash Flows within the financial slatements. Income and endoivments Voluntary income including donations, gifts, legacies and grants that provide core fimding or are of a general nature is recognised when the charity has entitlement to the income. it is probable that the income will be received and the amount can be measured with sutTicient reliability. Donations and legacies Donation5 are recognised when the chariry has been notified in witing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perforniance by the charity before the harity is entitled to the funds, th¢ income is defe¢d and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable thal these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlemeni to the funds and any conditions linked to the grants have been met. Where perforniance conditions are attached to the grant and are yet to be met, the income is recogni5ed as a liability and included on the balance sheet as deferred income to b¢ rele&sed. Page 13
POW Nottingham Notes to the Financial Statements for the Year Ended 31 March 2024 Eipenditure All expendilure 15 recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources. with central staff costs allocated on the basis of (ime spent. and depreciation charges allocated on the portion of the a55et's use. Other support costs are allocated based on the spread of sthff costs. Charitable aclivities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act ?010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Depreciation and amortisation Depreciation 15 provided on tangible fixed a55ets so as to MTite off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset cl255 IT equiprnent Generdl equipment Depreciation method and rgte 33.30/0 on a strdight line b&sis ?OQ/o on a straight line basis Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary course of business. Trade debtors are recognised initially at the transaction Price. They are subsequeT]tly measured at amortised cost using the effective interest metho(L less provision for impaiment. A provision for the impairment of trade debtors 15 established when there is objective evidence that the charity will not be able to collect all amounts due according to the original ternis of the receivables. Cash and Cash equivalents Cash and cash equivalenLS comprise cash on hond and call deposits, and other 5hort-tertn highly liquid investments that are readily convertible to a knoThTr amount of cash and are subject to an insignificant risk of change in value. Page 14
POW Nottingham otes to the Financial Statements for the Year Ended 31 March 2024 Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherdnce of the objectives of the charity. Restricted income funds are those grants for in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligations The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separdtely from those of the charity. Pension costs charges in the Ststement of Financial Activities represent the contributions payable by the ¢harity during the year. 2 Income from donations and legacies Unrestrieled fuDds General Totsl 2024 Total 2023 Donations and legacies- Donations from companies. trusts and similar proceeds Donations from individuals Grants, including capital grants: Government grants Grants from other charities 148,037 2,46) 148,037 2,463 ?7.250 2.022 47,920 47,920 45,100 36,039 198,420 198.420 110,411 3 Income from charitable activities UDre5tricted funds General Restricted runds Total 2024 Total 2023 Grdnts & donations Sales & lees Sundry income 330,013 330.013 130 559 219,784 ,774 354 130 339 ??0 469 iiO.?33 330,70? 2?1,912 Page 15
POW Nottingham Notes to the Financial Statements for the Year Ended 31 March 2024 4 Grants & donations Unrestricled funds Restricted funds Total Big lottery Clothworker5 Foundation Donations 108.301 i 0.000 108,301 i 0.000 2.463 1,933 2,463 1,933 7?,467 30.000 DWP East Midlands Sex Garfield Weston Groundworks Lloyds Matthew Good Foundation NHS Nottingham City CCG Nottingham City Council The Henry Smith Charitable Tnt Nottingham Women's Centre Notts Police The Lady Hind Trust The National Lottery CF University of Karni University of Nottingham 30.000 1.800 ?5,000 500 45.000 102,610 30,250 7,313 40,971 3.000 43,509 295 3,021 1.800 25,000 500 45.000 102.610 30,250 7,31i 40,971 3,000 23.439 20.070 295 69? 2.329 198,420 330,013 528,433 5 Ineome from other trading activities Total fund5 Total 2023 Local fundraising and street collection income 735 735 6 Investment income Unrestricted funds Generydl Total 2024 Total 2023 Interest receivable and similar income- Interest receivable on bank deposits 777 777 253 Page 16
POW Nottingham Notes to the Finaneial Statements for the Year Ended 31 Mareh 2024 7 Expenditure on eharitable activities Unrestricled fund5 General Restri¢ted funds Total 2024 Total 2023 Accounting & professional fees Activities & events Advertising & marketing Bank charges Cleaning & hygiene Database, website & IT, telephone Evaluations EquipmenL repairs & maintenance Hospitality, donations & gifts Harn) minimisation Insurance Membership & subscriptions Printin& stationery & postage Rent, rates & bins Outreach supplies & van Sundry expenditure Utilities Volunteer expenses Wages. Nl & pension Other staff costs Truslee expenses 4.500 403 6,270 6,524 4,555 228 1,84? 8,545 ?.325 17.)02 1,308 6,381 5?0 1,254 1,279 ?0,324 17.301 605 10.770 6,927 4.555 1.269 4.574 8.668 3,050 17,439 2.192 6,75? ?,247 1,925 1.542 33,111 17.311 605 14.908 2,343 523 1,060 3,955 4,361 1,600 8,630 1,783 2,980 1.041 ?.7)2 7?5 137 884 371 1.727 671 263 1 ?,787 10 909 446 23.218 1.992 576 6,742 842 169,785 10,727 36 30.470 4,886 50 997 248.960 8,694 10 .033 279,430 13,580 60 61.816 355,224 417,040 259,497 Page 17
POW Nottingham Notes to the Financial Statements for the Year EDded 31 March 2024 8 Fees payable to independent examiner During the period, the fees payable (excluding VAT) to the charity's independent examiner Community Accounting Plus are analysed as follows.. 2024 2023 Independent examination Other financial services 1.400 5,839 1.270 1,928 7,239 3,198 9 Staff costs The aggregate payroll costs were &5 follows: 2024 2023 Staff costs during the year were: Wages and salaries Social security costs Pension costs 250,317 19.516 9,597 150,893 12.000 6,89? ?79.430 169,785 The monthly average number of persons (including senior managemeni ieam) employcd by the charity during the year was as follows: 2024 2023 Averdge number of employees Contribution5 to the employee pension Schemes for the year totslled £9.597 (20?3 - £6,892). No employee received emoluments of more than £60,000 during the year. Th¢ total employee benefits of the key management personnel of the charity were £YA,835 (2023 - £72,442). 10 Debtors 2024 2023 Prepayments Other debtors 12.336 2,890 375 1?,336 3,265 Page 18
POW Nottingham Notes to the Financial Statements for the Year Ended 31 March 2024 11 Credilors: amounts falling due within one year 2024 2023 Other taxation and social security Other creditors Accrnals 3,815 1,870 4.168 1.764 5.685 5,963 12 Obligations under leases and hire purchase contracts Operating lease Commitments Total tUre minimum lease payments under non-cancellable operating leases are as follows: 2024 2023 Land and buildings Within one year Between one and five years After five years ?0,700 41.400 ?5,747 20,700 62,100 46.447 87,847 129,247 13 Charity Status The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. 14 Related party transactions There were no related party transactions in the year. 15 Taxation The charity is a registered charity and is therefore exempt from tsxation. 16 Trustees remuneration and expenses No trustees, nor any persons connected with them. have received any remuneration from the charity during the year. No tnte¢S have received any reimbursed expenses or any other benefits from the charity during the year. Page 19
POW Nottingham Notes to the Financial Statements for the Year Ended 31 March 2024 17 Funds Balance at I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unrestrieted funds General General fund 231,728 199,666 (61.816) 369,578 Restricted funds Big Lottery Women & Girls fvnd Crisis work fund EmPOWer fid Building repairslmaintenance Awards for All Boots Salaries Henry Smith Changing Futures POW'S Safeguarding Project J N Derbyshire Leicest¢r Uni research Safer Streets sipp Thomas Fa Wheatcrofts Bupa Clothworkers Foundation Col (Salaries) Fellow ship (Uon) Outreach van (Notts PCC) PCC Community Chest (outreach) TNLCF Cost of living 55.49? (55,492) (1,984) (109.358) (826) 1,984 9.25? 826 108,301 8,195 5,204 8,584 5.994 (8.584) (30,723) (44,872) (11.512) (2,002) (3,000) (15,004) (1,521) (4,748) {1.629) (1.800) ( i 0.000) (7,313) (1.213) (15.000) 30.250 47.118 11.756 5,521 2,246 440 196 ?.002 3,000 9.759 ?20 5,?45 4.748 1,629 1.800 10.000 7.313 1,116 15.000 4,456 ?3,439 4,456 (?3,439) Total restricted funds 46,965 330,233 (355 ?24) 21,974 Total funds ?78.693 5?9,899 (417,040) 391,552 Page 20
POW Nottingham Notes to the Financial Statements for the Year Ended 31 March 2024 The specific purposes for which the fimd5 are to be applied are a5 follows: Empower fimd 5UPPOrts the Work of prevenlion. outreach and engagement and progression. Henry Smith fijnd supports the delivery of our core services. specifically drop in; Police and Crime Commissioner supports the work of the Police Liaison Worker; Safer Streets support5 the delivery of our Street outreach work. Communities of Identity was Ce7ved as pan of a consortium bid to fvnd creative art and personal development activities- Award5 4 All funds the work of the Crisis Intervention Worker. Boots llds our core services, including contributions to drop in and outreach. Changing Futures fund the work of the Specialist Violence Against Women and Girls Navigator. Charles Hayward funds the work of the Crisis Interveniion Worker; JN Derbjshire fun(ts our core service. including contributions to drop in and outreach; Thom&s Fa funds our core services. including contributions to drop in and outreach; Wheatcroft funds the work of the Crisis Intervention Worker: Leicesier University ndS was to support a l ? week progression group; Safer Inhalation Pipes Scheme funding will support the pilot project of providing clean crack pipes to crack users in Nottingham and tnonitoring improved health outcomes. Crisis work - funds the intervention worker role. Building repairsl maintenance - variety of tools, materials and trades people to complete maintenance on the building- POW'S safeguarding project- Thi5 the PCC funding; BUPA- Grant toward the garden Clothworkers foundation- Grant to install new heating system. Col (Salaries)- Comrnunilies of Identity nding. Fellowship (UOA) - Funding for the research project along side University of Nottingham; TNLCF cost of living- The National Lottery Community Fund. Balance al I April 2022 Incoming resources Resources expended Balance at 31 March 2023 Unrestricted fund5 General General fund 157,593 113,528 (39,393) 231,728 Restrieted Communities of Identity Help through Crisis fund Crisis work fund EmPOWer fimd Building repairslmaintenance Awards for All Boots Salarles VRF fund Henry Smith Changing Future5 Pow's Safeguarding Project J N Derbyshire 1.744 402 18,616 ?4,434 1.670 (1.744) (402) (16.632) (124,293) (844) {4.746) (1,069) (420) (8,506) (35,480) (11,560) (1,998) 1.984 9,252 826 5,204 8,584 109,111 9.950 9.653 420 14,500 35,480 11,756 4.000 5.994 196 2.00? Page21
POW Nottingham Notes to the Financial Statements for the Year Ended 31 March 2024 Balance at I April 2022 ncoming resources Resources expended Balance at 31 March 2023 Leicester Uni research Safer Streets sipp Thomas Farr Wheatcrofts 3.983 10.049 1.301 5.000 5,000 (3.983) (4,804) 5.245 1.301 4,748 1,629 (?52) (3,371) Total restricled funds 47.286 219,783 (?20,104) 46,965 Total fund$ 204.879 333,311 (259,497) 278,693 18 Analysis of net assets between funds Unrestricted 2024 Total funds General Restricted Current assets Current liabilities 375,263 (5,685) ?1,974 397,237 (5.685) Total net assets 369.578 ?1,974 391.552 Unrestricted 2023 Total funds General Restricted Current assets Current liabilities 237,691 (5,963) 46,965 284,656 {5,963) Total net assets ?31.728 46.965 ?78,693 Page 22