Company Limited by Guar•nte¢ Regigter¢d CharSty REPORT AND FINANCIAL ￿ATEmE]yTs FOR THE YEAR ENDED 31 MARCH 2021 Ch•rity RegIstr￿lon Number 1132250 Compfiny Number 06820663 THE RAHAB PROJECT REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2021 CONTENTS Page R¢f¢ren¢e alld adminisrratsve det4ils Thjsttts. report Independent ExaminerJ' reFrt)rt Statement of finan¢iBI activities Balan¢¢ sh¢¢t Notes lo the financial sthtemen 8- 12 THE RAHAB PROJECT REFERENCE AND ADMINISTIIATIVE DETAILS Tr￿Ste¢S. Reverend Matthew Blake OCD Sister Antonia Lopez Arroyo Simer Doty Mathew Timothy Drake Kevin Hyland Anknny Northrop Antte Frost (appointed Septanber 2021) R¢¥lstered offlee: Pahab Project Ltd Clo 84 ￿£1¢$tOn Squar< London SWIV IPX T¢l.. 020 7370 39)] Adam Hatsey FCA Haysmacintyre LLP Chartered ArKountJnts 10 Qu¢¢n Str¢¢t Place Lond¢)n EC4R IAG BAnkern: HSBC 25 Notting Hill G8t¢ London Wl 13JJ England Solkltors: Pothec8ry Witham Weld 84 E¢¢leswn Square. Lon&)n SWIV IPX Cbarlty Inforniatlon: The Rahab Project is both a company registered in England under R¢8istration No. 06820663 4nd a r¢BiSt¢red charity under Registration No. 1132250 The ¢￿￿panY is limited by guarantee not having a Share wifal. GoverTrlng Deed.. m￿OI￿nd￿rn aod Articles of As8￿78t10n THE RAHAB PRIJIE TRUSTEES, REPORT YEAR ENDED 31 MARCH 2021 The Trustees, who are the Directors of The Rahab Project present their rep￿ and audited fmancial statements for the year ¢ttded 31 March 2021. The information on pag¢ I fornis part of this rqx)rt. VISION To inspire a new g¢tteration called to SUp￿rt women affect￿1 by prwtitiition and buman trafficking for the purpos¢ of sexual exploitation. MISSION In$piring- upholding and defenditig their value and di￿lty ¢hdlengin8 any exploi￿lOn of vuln¢rability or abuse of power. Liberatin8 - embming their huM￿ty encouragitig th¢ ￿￿eSS of self-digcI)very that le8(Ls to inneT freedom and wholeness. Tr￿￿fo￿1ng- facilithtin8 ONK4nmiti¢s for changeiourneying oiongside with Compassion 4nd understhnding. OWECTIVES AND ACTIVITILS The Charity's objttts that foTm its aims and objectives The relief of thos¢ tn need by yea￿)n of so¢i41 or econorni¢ disadvanthg¢ in pwticular those at risk of. snvolved in or aff¢￿ed by sexual exploitaii b) The advan¢¢ment of edUc￿lOn for the publi¢ benefit in the following subjects and Telthd issues: Social artd ¢￿boM7t disadv8nts8e Sexual exploiiation and its impfict in s(Kiery The pr(ffiotion of such other exclusiv¢ charitable as are rt£ogniyeil by th¢ IAW from time to time as the Trusttts shall deternline. A¢¢lvltits Rahab provide8 comprehensive ¢art for women involved in off street wO￿l￿￿10Th and women who h4v¢ been tratTicked for the purpose of s¢xual exploitation. S¢rviee provision f￿ wom¢n h&4 historicalty focused on W&4t London in the Royal Borough of Kensington & Chelsea wh¢re the charity 15 ba￿{L and n¢ighbouring Boroughs of Hamm¢rsmith Fulham and Westminster City Council, how¢ver the organisation h&% a pan-London rea¢h with reg￿th to 5upfA)rting women. The wom¢n Rahab suFy•rts with art predominantty foreign nationa] women who hglve expeTienced exploitation, harni and abuse assocsated with prosti￿tion and human trafficking for the purpose of Sexu￿ exploitaiion. Rahab'5 primary f￿￿$ i$ to offer a place of Safety and support whthr women freely express what th¢y are going through and wh* 5UPPCfft they ne¢d. The charity's aim is lo oY¢r¢ome balriers io women's ¢mpowemienL equality of OPPOTtI]nity and Choice. It has cstabltshed mUh1-ag￿CY partn¢rships and pmfesgional relationships with a number of referring organisations to h¢lp proartivety identify women who may need support and eJLgure they receive the speciatist are the organisation offtrs. Rabab adopts a whole-person appTo#ch to address wom￿'S practi￿ and ¢MotiLK￿l ne*ts and helping them explore th¢ir options. build re5ili¢n¢e, and improve their situations. Support is provided in confid¢tLce and ￿ a non-titne limi￿￿ basis 50 that women have the freedom to engage at their own pace and make infornied thoices and d¢cisii)ns that be￿ forthem in any given sibAtion. THE RAIIAB PROJECT TRUSTEES? REPORT YEAR ENDED 31 MARCH 2021 Cor¢ auivities includ¢: Outreach - we¢kty welfare visits to th¢ women where wort live. and in other settings {e.g.. prisons. immigrntion removal cent￿), focusing on health. personal safety. and wellbeing. The outreach visiig offer access to an Independent Sexual Violence Advis￿ and case work supp)n Case work support- individualised framed WTthin R8hab's five pillw5: Emyironmepu & sitsolion - emergency accomm￿lI11￿. Sup￿[( supryrtt accessing housing and welfare benefits, le881 advice. and supiM)rt (e.g.. immigration pr(￿CedIng5), education. Vocational training und employment op￿rnJn1t1e& skills development e.8.. English and maths le5soll& any other ¢onc¢rns. Physi¢ol health- support ac¢ffjsing health¢1￿ service5. Emwional & pwhological wellbeing- emotional %upp)rt, counselling and wellbeing SUPPOTL befn'ending. Communiry- so¢i41 $upp)rt and friendship, famity 5UPP)rt and ￿conneCtIon. Spipil#ality- PA￿ornI car¢ and Spiri￿&1 supph)rt. CollaboT*iOnS with statutory IT￿ volyntarylnon-5t*NKMy a8encies and wisations identify women at risL aditressing their needs in a CLM)rdinal¢d way. and devel(yingioint Stra￿leS for prevention work and sustainable routc$ out. Chrlytlottlreilgious inJplrati•)n of tbe ch8rtty Rahab's ethos is inspired by the Chrimion faith and th¢ Yalue8 by whi¢h it operates are found￿ on Christian belief9. Thes¢ are enriched and shartyj by many people of other faiths and none who WO￿ with and support the organisation. The ¢hwity embrnces this diversity and is ¢ommitt¢d to inclusiv¢ne55 ¥nd resw of all pwple. welcoming the ¢ontribution to its work from those who are in sympathy with its vision and mission. ACHIEVEMENTS AND PERPORMANCE Prior to COVIt>19 most of the women the charity was supwting w¢re already in difficult and uncertain situations, overwhelmed by their ¢ir¢umstances and Struggling to wp¢. The outhreak of the pandemic brought on added pressures for women in vulnwable stnMtions. many of whom weT¢ sure how they would manage to look after themselve5 and their ¢hildTen. lttereaged Isolatioll aDd vulDernblltry Women re[￿ted feeling isolated, alone. unsaf¢ and unpro￿￿ Gov¢rnm¢nt inforn￿tIOn 8nd updates were difficult for many to follow and understsnd (English ncrt being their first languagek and many women didn't know where to access inforn)aiion and sour¢es they could trusi Women with complex traumN chronic symptoms. and other mentyl health challenges such as depression and anxiety reported a d¢terioration in th¢ir wellbeing. R￿illence was on a swtnun, each phase of the pandemic experieneed differently by women who faced differeni challenp. Uncertainty ond a￿lety incrE8se4L especialty for women in the middle of adtninistTativ¢ prc￿e￿￿ (e.&, housin welfftre. immigration applications) facing delays decision maktng and changts in their support packages as 5¢rvir¢s ¢lOSe￿ reduG¢d. or moved onlin¢. Many w¢re unable to g¢t through to seryice4 not getting replies or being contacted, and felt left in limbo. Some worneo dith't have the technology to access inforniation and support online. Women with d¢￿ndent childm and extKTi¢ncin8 insecuTe housing and fllJon¢ial hardthip were esFrtially impacted. c0vll￿A9 respoDse The wgency and fl¢xÉbilAty by whith COVll>19 fuDding w&8 available to the voluntary swtor enabled Rahab io react quickly to eDsure the right support was in place and made avaiiable quickly. The charity delivered a foeuged response providing women with 8cce&s to infonntition and resoum that would oth¢Thvi5e Dot have been available to help them keep well and k¢ep safe. TRUSTEES, REPORT YEAR ENDED 31 MARCH 2021 No ofwomen supported Apr-20 to M*Tr21 {￿t.D Jan- Mar ' Total no (enquiri¢s. referr￿8 ongoing cases) Previously known io Rahib New contacts 77 53 25 49 15 56 10 lin le din Transilionin8 5UPFrflrt aciivilies io digithl meth(th ¢nftbl￿ the charity to $thy in daily, w¢¢kty. and fortnightly Contact with women to identify th¢ir support needs and monitor their physical and mental health. Online sUPPOrt such counsellin& English and m￿hS lesson& group suP￿rt sessio￿$ helped maintsin women's wellbeing, all¢viat¢ isolation. and PTovid¢ womets with som¢ stru¢tutt to their day5. Vi[￿19 infomiation & u A regular newsletter in stmpl¢ lan8we and an easy-t(Hw￿d forniat W88 diStri￿*d every 34 weeks to provide women with lal¢s1 gov¢rnment safety guidance updax sympthm screenin8 infonnation. helpliJJes, mobile apps, and other self-help re5ourc¢s. Funds were Taised to provide emer8ency financi818s5iStance for essential items 8nd to provide wornen with digital devices and data p4ckage$ so that they could acces5 infornotion and services online. Th¢ latter also he￿ed women support their children's remote learnin8 durin8 sch￿1 closures and half terni, and to stay in touch with friends and family. Staff and volunteers provided IT skills 5UPPOrt for women who dithi't have the ￿nfidenCe w use lechnology, and to help oY¢r¢om¢ ¢on¢erns over online privacy and The or8ani5ation's volunteer counsellors Fffovided w¢¢kly online counselling 5ession$. An online resource to support women's m¢ntal health and address the trauma and h¢ightened tri88ers resulting fiY)m COVID-19 was developed. 11 offered wom¢n 6-8 ther8peuttc modules ¢ombined ￿¢atIve activitie& physical mov¢menl and 8rounding technique& such a5 mediwions and self-reflection. to genily ¢mpower women iwond the limitstions irnp05ed by their past and present exprricnces. Simpl¢ t¢¢hniqves for reco8nisin8 si￿5 of stress and mentsl strnin and rnana8ing symptoms were iAcoryx)rated. Trained volun*ers supmed th¢ wi)m¢n throu8h each session with follow up befriending support for up to 3 months after completion of the progrdmme. Upskilling of volunteer5 (bfisi¢ counselling 5kill$) incr¢&s¢d their confidence in making c¢)tmection$ with women and, in doing the 4¢tivities themselve4 volun*¢rs also experienced improvements in their own w¢llbetng. ew0￿ su Casework support was provided to womth the middl¢ of ongoing case& liaising wsth agencies and professional$, 8dvocating for women'5 acc￿ to entitlements and sup￿ry stayÈng in rwlar cthitath with the w¢)m¢n to explain what happenin& make sure they had the right inforniation and undeNood their options lo bc able to mak¢ infonned decisions and safe choices. New c&8es included h¢lping women 8c¢¢ss Sup1￿ either directly through Rahab or other scrYire& Sociall dis ced face to face su Face-l￿fa¢¢ contac¢ such &5 dwrstep outtewth. m. UndeT ¢ompany law the Tn￿1¢¢5 must not approv¢ the financial stAtements unless they aTt satisfied thAt they give d true and fair view of the gt8te of 8ffairs of the company for that year. In preparin8 the fjnancial Statemen￿ the Trnstees are required to: S¢l¢ct suitsble accounting ￿11¢1¢$ and then applied them ¢onsisw¢ty; Observe the m¢thoth and w1￿1p1¢S of the Chariti¢s SORP; Made judwents and estimates that w¢ reasonable and prud￿¢ Prepared the a¢counts on a 80in8 concern b￿1$ unless li is iDapwowi* to Presume that the charity will wnlinu¢ in operntion. The Board of Thstees has responsibility for maintaining pyoper a¢wuniin8 r¢wrds whi¢h disclose with reasonable accuracy at any time the fll)ancial position of the tharity and enable li to ensure that the flljancial 51atements comply with the Cornpwjies Act 2(M)6. It ￿50 ha5 resKK)nsibiliry for safeguardin8 th¢ wets of the charity and hence for tyktng reasonable steps to prevent and detect frnud and other irregularities. BY ORDER OF THE BOARJ) OF TRUSTEES Sr Dol Trust¢e #th¢w Da*. Ikli £lao ai INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE RAHAB PR(IIE I report on th¢ financial statements of the ¢ompany f(Y the yw ended 31 March 2021 which comprise the Stst¢ment of Financial A¢tivities and Balance She¢ with the related This report is made 501¢ly to the company's Tntsteffj &8 a t￿y, in a¢cordance with $￿tion 145 of the Charities Act 2011 and regulation5 made und¢r section 154 of thai ACL My WOTk h&$ beett Undertak￿ so that I might state to the company's Trustees those matters l am r¢quir¢d to stste to them in at) IndeF¢ndent examin&s reNJrt and for no other pury)ose. To the fullest extent t*miitted by law, I do not ￿cept or ￿llMe resw)nsibility to anyone other than the eompany and the company's Trusttts as a body, for my work or for this rewL RESPEcfIvE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Trus¢¢e$. who are a150 the dtrectors of the company for the purpos¢s of company law. Bre responsibl¢ for ihe preparation of the fmancial statements. The Trustees con5id¢r that an audi¢ 15 not required for thi5 year under $￿tion 144(2) of the Choritic5 A￿ 2011 (th¢ Act) and an independent examination is needed. Having sattsfied myself that the COmp￿Y is not subj¢d to a￿lt under thvity or ¢ompany law and ig eligible for indeF¢ndent examlljati￿ it is my respon$ibtlity to.. examin¢ the financial stat¢m¢nts under section 145 of the Aci follow the prc*edure$ laid down in the genernl Directio￿8 given by the Charity Cornmission undcr section 145 (5) (b) of the Act: and stste whether panicular matters have come to my aiieniii)D. BASIS OF INDEPENDENT EXAMIJ¥ER'S REPORT My ¢x8mination was ¢aryied out in ac¢ord•)ce with th¢ genernl DTr¢etkons given by th¢ Charity Commission. An examination in¢lude$ a review of the accountill8 rec(rds kept by the company and a Comparison of the financial $wements pr¢senied with those records. It also in¢ludes considergtion of any unusual items or disclosures in the financial stsiem¢nts, and seeking ¢xpl8nations fmm you as TnNtts ¢oncernin8 any such matters. Th¢ procedures undertak¢n do not provide all the evidence that would be required in 4n 8udi( and consequently no opinion 1$ given as to wheth¢r th¢ finynei&l sthtements present a Irue and fair view. and th¢ reFth is limited th those rnattery set out in the statement below. In connection with my ¢xaminatIo￿ no matter I￿8 COM¢ to my attetition: (l) which gives mt reasonable cause io believ¢ that in ￿Y Materi￿ reJptct the requirements: to k¢¢p ￿coUnting records in o¢eordance with ￿tIOn 386 of the Companies Act 21X)6: and to prepare financial statements which accord with the accounting rw)rds and cornply with ihe accounting requirements of section 396 of the Compgnies Act 21￿6 and with the rn¢thods and principles of the Statement of Recommended Practice: Accountiti8 and Rewting by Chartti&s have not been meL or (2) to which, llj my opinion. attention should br drnwn in (Yder to er￿1¢ a proper understaDdin8 of the financial statements to be reached. Adam Halsey FCA Haysma¢intyTe LLP Chartered Account￿ty 10 Queen Street Pl￿¢ London EC4R IAG Date.. 16 December 2021 THE RAHAB PROJECT srATKMEKf op VINANCIAL ACnVITIES FOR YEAR ENDED 31 MARCH 2021 Tot*1 2021 Totol 2020 Funds Fund5 Note* Incorne from: Donations and legactes Investments Chtiritable activities 46.185 19 20.0 46.185 19 192.514 48.946 61 217,337 172.514 Total Income 172.514 66204 238,71B 266,344 Exp¢ndlture on: Charitable Activities 184.742 13J96 198.138 213.494 Totll expelldlture 184.742 13J96 198,138 213.494 Trunsfer b¢tw¢4n tlmds Net ineomt Athd movement ID fund* (12228) 52.808 40,580 52.850 R¢con¢lllatlott of fuDth: bou8bt fornrd a¢ l Aprll 2020 63J70 138.780 202,350 202,350 FvDdJ Carr1￿ forward *t 31 M•rch 2021 51,342 191.588 242,930 202,3SO All tr4nwtion$ are derived from continuin8 a¢tiVi¢i¢A. All reCo￿lS¢d yins and losses aTe inclutsl iti the Swement of Financial Activities. THE RAHAB PROJEcr Company Number. I￿820663 BALANCE SHEET AT 31 MARCH 2021 2021 2020 No¢¢• FIXED A￿ETs Tangible assets CURRENT A&SETS Cash at bank and in hqnd Debtor5- sundry debtors 245.896 204.795 245,896 204,795 CREDITORS: 8mounts f*lllng due wlthln ODe year Accruals Other Creditors 1.786 1,180 1,808 638 (2.966) (2.446) NET CURRENT ASSETS 242.930 202,349 ET ASSETS 242,930 202,349 FUNDS AND RESERVES Unrestricted funds Restricted fithds 191,588 SlJ42 138,780 63,569 242.930 202,349 The dtrectOTY consider that th¢ company is entiikd to exemption from the Tequirem¢nt to have on audit under the provisions of sK¢ion 477 of th¢ Compani¢s Act 2006 ('th¢ A¢t') and rnember5 haye not requir¢d the compatly to obtain dit for the period in question iti accordance with s¢¢tion 476 of the ACL The dtre¢tors acknowl¢ds¢ their resFrf)nsibilitie5 for ensuring t1￿ the company ke¢ps xcountllJ8 records whi¢h ¢ompty with %¢¢ion 386 of the Act and for PTepamg financial ststemcnts which accord with the accounting records of the company as at 31 March 2021 and of its profit or k65 for th¢ p¢riod then ended in acwrdartce wxth the requirem¢nts of sections 394 and 395 of the Act and which otherwise ¢ompty with the requiremefjts of the Companies Act 2006 relating to the financial statements so far &s applicable to the company. The financial statements have been prepared in accordan￿ with the sp￿181 provisTons relating to companies subj¢ct io the sma51 companies regime within Part 15 of the Companies Act 2006. The finan¢t415tatements were approved gnd authorised for i&sue by the Bo8rd of the Tn￿tee5 on 15 December 2021 and were sigD¢d below on its behalf by: Sr DDI M*thew THE RAHAB PROJECT NOTES TO THE FINANCIAL STATEMENTS YEAR EI¥DED 31 MARCH 2021 ACCOUIYTING POLICILS The priDcipBI a¢¢ounting ￿1]el¢S adoptrd Judgements and key sources of estimatiC￿ uncertainty in the preparniion of the accouDts aT¢ laid out below. Basts of #ttounting The fman¢ial S￿ements have been preptred in ac&Ydanc¢ with the Statement of Recommended Pr4¢tice for Charities (SORP 2015} (S¢¢(md Editio￿ effective l Jwuary 2019) and th¢ Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS102. AsseL4 and liabilitie$ are initially recognised at historicat COM or ￿￿sa¢(lOn value Unle￿ oth¢Twise stated in the rekyont accounting p)licy notrfs). As8essmefjt ofgolni contern The Trustees hav¢ a55e55ed whether the use of the 80in8 concern wumplion is apprqYiAre in pr¢parin8 these a¢counts. The have made this &8s¢ssmeni in respe£t to a period of (me year from the date ofapproval of these accounts. The Tws¢¢¢$ of the charity have concluded that th¢r¢ art no material uncenainiies related to ev¢ni$ or conditions that may cast Si8nifi¢am doubi on the abilty of the charity io c4Thtinue as a 80in8 concern. The Trt￿lee5 are of the opiniLM that th¢ ¢lwity will have sufficient resou￿¢$ to meet its liabilities as they fall due C*$b Flow St•temeot The Tn￿￿e$ have t8k¢n advanw of the provisions of FRS102 (SORW2015) for smaller Charities and have chos¢n not to pffpare a cath flow swemenL Unrestricied funds comprise ￿e￿Mu}I*l sury>luses and deficits on 8enernl funds. They are available for use at the discretion of the trustees in fi￿erance of the 8en¢rnl charitsble objectives. Restric*d funds art those fimds which are to be used in accoTdanc£ with spe¢ifi¢ instructions imposed by the donor or iwsl deed. Income Income is rwwised when the cbftrity has entitlement fund& any puforniance conditions attached to the iiem(s) of income h#v¢ been mei tt is pr(thble that the in¢om¢ will b¢ received and the amount can be measured reliably. Charitable incorne repre8¢nts grnnts rvxivable. THE 114HAB PROJECT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ￿(ARCH 2021 ACCOUNTING POLICILS (¢ontlnued) In¢ome (eontiDued) Don￿lon$ ar¢ r¢¢ogDised whrn th¢ charity h&$ been rthotified in writing of both the amount and s¢ttl¢m¢nt date. In the event a dcfflation is subject lo conditions that ￿uIre a level of perfomiance before the charity is ¢ntiti¢d to the fimd% the incorne i5 defefftd and rrfognised uniil thos¢ wnditions are fvlly rnet. or the fulfiimeni of those conditions is wholty within the conrol of the charity WKi it is probable that those cundition5 will be fulfdled in the re￿i]ng peri￿1. EipeTrditure Expenditure including irr￿Ver8b1e VAT is charged ¢0 th¢ Statement of Financial Aetivities on an accru￿S basis. Charitsble expenditi￿¢ r￿priSeS expenditure direcdy atknlwthble or auoeated to the principa] activity of the charity. Grnnts payable are aetounted for on 8ccTh￿ c4>rnmitment bosis with amounts committed but not ￿ld included within creditors. Governance costs comprise those costs that cannot be diYe¢dy attributed to charitable Xtivitiey. These costs are ]￿u￿¢d in connection with the c4>mplianc¢ with ￿nStitUtiOnal and statutory requiremcnts. Forel8n ¢urreD¢y TraDSaCtions denominated in foreign curren¢ies re¢rytsl at the rats ruling at the date of the tran8a¢iion. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sh¢et dot¢. Arty gain or loss arising from a chang¢ in ¢xch8n8e rntes subs4uent to the dai¢ of the transaction is rep)rted as an ¢x¢hthg¢ 84in or loss in the profrt and loss a¢¢outtt. Flxed •ssets T8n8ible fL￿￿ assets W￿lD8 over£5(Ki are capitslis¢d. Fixed ￿Sets are discloged at histori￿ ¢o$t. Depreciation is provided on all tangibl¢ fixed &ssets at the rates thlat•J to WTite off the cost on a gtraight-line bosis over the estimated useful ¢wRomic lives as follows.. Leasehold improv¢m¢nts 21PA ￿$t l>ebtors Trade 8Dd othe* dei*ors ar¢ r¢¢ognised at the settlement amount due after any trade dis¢ount offtre Prepaym¢Dts are valued ￿ the amount prepaid nrt of any trade discounts du¢. C•$b at bank and In haDd Cash at bank and In hand include5 bank cash and short t¢Tm higbty liquid investm¢nts with a short maturity of thr¢¢ months or less from the date of acquisitio￿ or OFening of the deposit or similar account. Creditors and provLryioDS CTditors and provisions are r¢¢ognis¢d where the charity h&8 a pre5ertt obligation TeSlllting from a past event that will pmbabty result in the transfer of funds to a third and the amount du¢ to settle the obligatii)n caT] b¢ ￿￿u[cd w ¢stimated reliably. Crrds10ts and PWViSiOT)s •re nonnalty reco￿)1$ed At tbeir settlement omount aller a]lowing for any discounts d￿. io THE RAHAB PROJEcr NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIFS (¢OtytlttU￿) FID8n¢l•l Instruments Th¢ charity only has financial assets and fman¢ial liabilities of a ktnd that qualify ￿ basic r]nancial instruments. BLsic fmancial instnmnents are initially rwis¢d at tratisaction value and subsequentty m¢asured at their settlement value. Crltk•l •ccountlDg e4tlm*tU *Ad •rt•s of judg¢m¢Dts FAim*es and judgements are ¢ontinually evaluated and are based on historical ¢xperience and other factors. inrluding ¢XF*¢tations of future events that are beli¢Yed to be reasonable under the circumstances. Crili¢ai o¢¢ountin8 estimatrs and assumptions Th¢ Charity makes estimates and assumptions ¢oncerning the firture. The resulting ￿cOUnting estimates and umptions will. by definition. seldom equal the relat¢d actual results. There were no ¢stimat¢s or &8sumpiions that have a signifiwit risk of ¢ausin8 a material adjusim¢ttt w the carrying amcmjrtts of assetg and li8bilities within the n¢xÉ fmanC1￿ y¢ar. Critical areas ofjud8em¢DI In the view of the ffitstees in applying the ¥¢ou￿1￿8 FK*li¢ies adopt¢4 no judgements were requireA that have Y4 significant effeci on the amounts recognis¢d in the financial sth*ments nor do any es¢imates or assumptions mad¢ ¢8rry a significant risk of material *ljusth)ent in the next financial year. NET INCOME 2021 2020 Thi$ 1$ stht¢d after charging: Indepo)d¢nt Examiner's 1.320 TRUSTEES. REMUNERATION AND REIMBURSED EXPENSES No trust¢¢ ￿¢t1Ved remuneration OT reimbursed expense5 durin8 the yw or in the previous year. The ch8rity's key management personnel are its tntstees who ore unTemunetat¥J. ANALYSIS OF EXPENDITURE Dlreet Costs 2021 2020 Costs of a¢iiviti¢s: .Staff costs ther costs 93.137 103.501 1,500 118,942 93232 1,320 198,138 213,494 SALARILS 2020 2019 Wages and salaries s￿la1 securtty costs Pension Costs 86,455 4,119 2.563 109.360 7,241 2,341 93.137 118,942 No staff earn¢d ov¢r £60,OC(l in the year (2020-the sam¢). The average numberof Staff the year is 412020- 41 THE RAHAB PROJECT NOTES TO THE v￿ANcIAL STATEME￿ loontinued) YEAR ENDED 31 MARCH 2021 FIXED A&SETS tAsebold Improvements Total Cost At l April 2020 Addilions 17J17 17,317 At 31 March 2021 17.317 17,317 Depr¢¢l•tloD Ai l April 2020 Char8¢ forye 17.317 17,317 At 31 March 2021 17,317 17.317 Net book v*lue At 31 March 2021 At 31 March 2020 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrutrkted Fundi Restrkted F￿Dd$ Tot*1 2021 Total 2020 Fund b*l•nces at 31 M*rcb 2021 *re represented by: Tangible ￿Sets Curr¢n¢ wets Current liabilities 194.554 (2.906) 51J42 245.896 (2.966) 204,794 (2,445) Net 855dS 191,588 51J42 242,930 202,349 RESTRtcrED FUNDS Brought forward Expendilurel transfers Carrled forward IDcom¢ Big Lottuy Fund City Bridge Trust LCRF COronavin￿ Cornm￿1ty SutqKAt Fund Renate Lloyds DCMS 63.570 45,788 12,920 40.648 48,835 1.8(M) 22.523 (77.M3) (12,920) (24,033) (48,835) 1732) (20.879) 32,015 16,615 1,068 1,644 63570 172.514 {184,742) 51,342 12 NOTES TO THE FINANCIAL STATEMENIS {eonknued) YEAR ENDED 31 MARCH 2021 RESTRicfED FUNDS (CODtinued) Bl8 Lottery Fund Big LW fiujding is for the purposes of supporting the expansion the cap8¢ty and OFffitional infrastructure to deliY¢r increased support and impact. The funding is for the creation of a safe 8ccommLKlation. ext¢nding the outrea¢h pn)￿aMrn¢ and the existing team along with other a￿d athivitie5. The project and r￿dirt8 came to ffld in FY21. The remaintng fimd% ar¢ to support fvnd raising activities for the charity. Clty Brldge Trust- ￿ndOll CornmuDity Fu*d The PUTFW of this grant from was io provide ￿line and telephone suppor4 regular risk a$￿$ments of women's safety and wellbeing. provide emotional support through online group activities; w&based counselling and English se5Stons' adV￿AcY around barriers to ac£essing services: provide Inforn￿tIO￿ advice and si8np05ting and delivery of essential ilen)s to women who are self-isola¢ing. The grant was set up to supwi charities and pcopl¢ during COVID. Th¢ London Community Response Fund was sd up w funh¢r-su¢h ¢haritsble pwpoyes for the general benefit of the inhabitants of Greatrr London the Tft￿ee thinks fir. The 8rant wos 8ran*d IA June and amounted to £12.920. TNL Communlty Fund- Cor0D8vIr￿ Communlty Support Fund The purpose of this grant of £45,787.88 was to sUPPOrt the nmnin8 of the charity for 6 months in delivering its COVI 19 a¢livilie$. The funding contributed toward the salaries of two members of sthff. a freelance counsellor. and resources for women self-is01￿in& tncluding access kn t¢cl]Dology and infOnn￿10n. LCRF Wave 3- NLLF COV1[￿19 Reswme Fund The purpose of this grant W8S to provide fimdtn8 towards the cost of caseworf( support and outreach to women affe¢t¢d by prostittliion and modern $lavtry includin8 capacity buildin& and di8ital developm¢nt. The grnnt must be used for the general benefit of the inI￿ltants of Grethr London orareas within Greater Londo The Fund was established by A grant from the Big Lottery Fund ￿￿tIOnal Lottery Community Fund") National Lottery Community Fundry, under its COVIt%19 Respws¢ Progrwnm¢ fth¢ Prornmc"). The grmt amount¢d to £40.648.￿ to spend within six months from the siart date ((ktober 2020). Renate (RellglouB In Europe ]Yetworklttg wlD8t TrAlficklDg *nd Explolt*tion) The purpose of thAs gr4ni was to support the provi5i0n of (¥nlin¢ wuns¢lling and English Sessions and advocacy amund a¢¢essing serviceg for women with insecure itnrnigrniion 5ratu& oveT5tayers, rights-exhausted asylum seekers and from th¢ most isoi*¢d and vuhlernbk ¢ommuDiiies. Lioyds DCMS The purp)se of this grant W&8 to support Raljab to reswjnd to th¢ n¢¢ds of the most vuln¢rabl¢ and marginalisa people affected by the COV￿19 crisis between 20 (klo1￿r 2020 and 31 March 2021. IFJe funds to ¢oveT office accommodatiOD costs inch￿1[￿8 Utilitses and ￿￿￿1￿8 expen5ts and tnental health wellbeing activilie5 (¢.g., counsellovs fees). This g[￿t of £22.523 was gI￿ted through the Lloyds Foundation's with the f*pa￿ent fLY Digital. Ctslture. Medi4 and SpJrt'% (DCMS)'Communty MAtrh Challenge, pmgramme. 13 THE RAHAB PROJECT NOTES TO THE FINANCIAL STATEMENTS (conthkmed) YEAR ENDED 31 MARCH 2021 TAXATION The Rahab Project is a regÈstered Charity and therefore is not liable to in¢ome t&x or ¢OTwratioii tax on income or gains dertved from Tts charitsble activitie4 as they fall within the exemption5 available to trgigtered charitie5. 10. LIABILITY OF MEMBERS Th¢ ¢harkty is constituted &s a ComF￿nY limi*d by guarantre attd no sbare ¢apital. The liability of each of the six membets 15 lirnited w the sum of £1 m¢mbcr. 11. STATEMENT OF FINANCIAL AcfiviTIES- 2020 Reytrkned Unrestrleted Funds Funds Total 2020 Ineome from: Donations and1¢8A¢ie3 Investsnenis Charttable a¢tiVTlies 48,946 61 48.946 61 217.337 217.337 Total Ineome 217,337 49,¢)07 266.344 Exp¢Ddllure ott: Clwithble Activities 181.332 32.162 213,494 Totsl expendlture 181,332 32.162 213,494 Transfer between funds (32.307) 32.3￿1 N¢t Incorne and net mov¢ment l# 3.698 49,152 52.850 Reco￿¢111•t1oll offunds: Fund8 bought fonvard *t l Aprll 2019 59.8T2 89.628 149.500 Funds f*rrt¢d forw*rd *t 31 March 2020 63.570 138.780 202.350 14