THE RAHAB PROJE Compsny Limited by Guarantse Regkslered Charity REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charity Registration Number 1132250 Company NuttJb¢r 06820663
THE RAHAB PROJEcr REPORT AND FINANCIAL ATEmENTs YEAR ENDED 31ST MARCH 2024 CONTENTS Page Reference and administrative detsils Trustees, rqrt Jndependent Examiners, rewrt Statement of financial activities Balance sheet Notes to the financial statements 10-16
RF.FERENCE AND ADMINISTRATIVE DETAILS YEAR ENDED 31ST MARCH 2024 Trust¢¢$: Reverend matth Blake (XD Sister Anronia Lopez Am)yo Sister Doty Mathew Kevin Hyltaua SwAPnX Xavier (resigned 19 Mah 2024} Sister Maria Luisa Pug]isi R¢gister¢d office- Rtthab Project LTD 84 Eccleston Square London swiv ipx Independ&ttt F.XAminers: Adam Ha15ey FCA Haysmac LLP Chartered Accountants io Queen Street Place London EC4R IAG Bankers: HSBC 25 Notting Hill Gate. London Wl l JJJ Solicitors: Pothecary Witham Weld 84 Ecclestoll Square. London swiv Ipx ChArity inforniation: The Rahab Project is IM)th a company wisteted in England under Registration No. 06820663 and a rewtered charity under Registration No. 1132250 The company is limited by guarantee not having a sbare (wita]. Governing Deed: Memordnthlln and Articles of A&s(Kiation
THE RAHAB PRn.TECT TRUSTEES, REPORT YEAR ENDED 31 MARCH 2024 The Trustees, who are the DÉrectors of The Rahab Project Present their retK)rt and audited finallrial statements for th year ended 31 March 2024. the [nforMlOn QD l ft¥tED5 Part of this T¢POrt- VISION To inspire a new generation called to support women affected by prn*itution and human trafficking for the purpose of s&xual exploitstion. MISSION Inspire - uphold and det.end women's va]ue and diyily, cballcoge any exploitatioD of vulnerability or 2huge of puwci". Liberate. - wholeness. TransfoTm- f]litate opportunities for change and journeying alongside with compassion atjd undersL2nding. embrace women's humaniry encour¢ the pr(K¢55 of self-di%overy tEtat leads to inner freedom and OWEcfivES AND AcrivtriES The Chartty's objects that fonn its aims and objectives are: The rellef of th0 iii ll¢cd by rw8on of Sla[ or ¢eonoEDiC di$8dvxntAge and in partscular those at risk of, involved in nr affected by sexual exploilatiOD' b) The advancement of education for Ibe publiL itllefit iD th¢ following subjects and related isques" Social and economic dtsadva Sexual exploitation and its in)pact iti society The promotion of sllch other exclusive charrtable as are by thc law from tiffje to time &s the Truse5 shall d¥l¥iiiiinc. Activitles Rahab provides comprehensive Care for w(xnen involved ID off street prostithtson and women who have be trdfficked for the purpose of sexual exploitstion. SeTVif£ provision for women has historiralty f(Kused on London in the Royal Borougb of Kensington & Chelsea where the charity is barf and neigbl)ouring Boroughs ot" Hammersmith Fu]ham WcstD]iD5tcr City Council, however the organisation has li PaU-tAilldoll rcath r¢8 to SUPPOTtsng women The women Rahab supports with are predominantty foreign national women who have experienced exploitation. harni, and abuse associated with PTOStitirtion and human trafficking for the Purse of sexual ¢xploitstiotL Rabab's PTimary focus is to offer a place of safety aud support where wom¢D can freely express what they aTe going through and what support they n¢ed. The charity's aim ts to overcome baTriers to women's empowemien( equality of pp)rtunity and choice. It has establisbed multi-agency pai1neT3hips and professional relationships with several referring organisations to help proactively identtfy women who may need support and ensure they t1v¢ tb¢ 5p¢cialist carc thc organisatson offers. Rahab adopts a whol¢-person approacb to addrw wom'S practical aDd emotional neeth and helping them explore their options, build resilience. and improve their sitttiOnS.
'I'KUSi'l'kES' REPORT FOR YKAR ENDED 31 MARCH 2023 Support is provided in wnfiden¢e aDd on a n(x]-tle limited basis so that women have the frekn to engage at their own pace and make Énforn]ed choices and decisi(5 t1£ WOTk b¥b"t fui lY giv1 biiuaiivii. Core activiti¢5 include: Outr¢a¢h - w¢ekly w¢lfare visits to the women ere they wort li and in other settings {e.g.. prison4 immigration removal eentres). focusing on he peT50Dal safety. and wellbeinR. The (xrtreach visits offer access to an Independent S¢xual Viol¢nce Advisor and work supporL Case work support- individualised care framed wtthin Rahab's five pillars: Emilronmenr & SIM10 - emergency accornmodat1o material suppDrL suppDrt bu%ng welfare benefits. legal advice. and Sup[ (e g.. in]migrntion pr(thlingq). ediicxtinn. v(hnnl trnining and employtn¢Dt opp)rtuniti¢s, skills development e.g., English and rnath5 lesson4 any other conceTns. Physical health- SUPFth accessing heahhcare servic¢s. Emotional & prycholo¢QI wellbeing- emotionaI sw)porL counselling and wellbeing suworL befriending. Community- social suppjrt and friendshtp. family support and reconnectio Spiritsality- pastoral and spirits] supp)rL Collaborations with statutory 2nd volunwJnon-st2ttrt(ry agencies and organisaiions identify women at TISL adilressing thetr needs fin a coordfinated way, and developingioinr Sagi for prevenTion WO and susiaithle routes OUL Christialllreligious inspiration ofthe chaiity Rahab'3 ¢th0s is in3pir¢d by thc ChTiStian faith and the values by which it opcratss foundcd on Christian bclicfs. These are enriched and shared by many people of other faiths and none who work with and support the orRanisation. The charity embrac£s this diversty and is committed to inclusiveness and respect of all people, welcoming the contribution to its work from those who are in sympathy with its vision and mission. ACHIEVEMEIYTS AIID PERFORMANCE No of women supported Apr-23 to Mar-24 We helped over 134 individuals through TefeTrn]s and ongoing ¢as¢s during the year. Througbout the year our main focus was on delivering activities around suwting women alongsid¢ d¢liv¢ry of our fitnprovthg Ihe qualty of supp)n for women wlth menTal IKalib nee(ts and condition5" ¢D3uring b¢tt¢r aGG¢3s so that rn0 womcn f1 Suppo iD¢ludcd and conncCt. Fund¢d activiti¢s have include impl¢m¢nting a mixl¢l of trauma inforn)ed Iwe acro&8 the organisknoo adaptlng seryice delivery within this contsxt (e.g. revisiting our appr(Mch to cas¢woTk counselliD& and clinical supervision). Awards for All National Lottery Community Fund and BUPA Foundation Mental Health Sustainability Programme (Helpline Fund) - development of WellbeinR@Rahab proRramme into an onRoin% acknvity for women 11.1. Rroup. dlgltall,. tralnlng resources for volunteers / other professionals.
THF. RAHAR PRlECT TRUSTEES, REPORT FOR YEAR EM)ED 31 MARCH 2024 Developing of a 3-session traiDillg pn}grnc for staff alld volunteers to irnpr knowledg¢ and $kil]s within the Devistng a Women's Welhless ProgrdtDme that Incor the Weill]ng@R8hab wigranune and mcludes piloting a women's SUp)rt group. In¢r¢asing the number of vohmt¢ers involvcd in tbe projert (5 new V0hteA including a summer student placement). developing bespoke resources for train I sharing our apwoach with other professionals and in other settings where it might be needed (e.& prison in-reach). improving and expanding the itifornjation aDd activity material av•i]able on our website to promote more widely the support availablelmake it more accessible: apply for the working with trauma qllty mk {silver stanthrdf to evidence extemally our capability as a trauma nfornled orgaDisation. Although refeTrals are still slgllificantly lower than pre•pandemic level4 fi]rther progress has been made in re-engagTng PMSE MACC partn¢rs3 A criticat referral pathway. the role of PMSE MACC is now being primarity led by RBKC'S Modern Slavery & Exploitation Coordinator. with Rahab a key parthff in frontline service delivery for Kensington & Chelse4 Hammersmrtb & Trulham. c.nst nf living erisis Early indications are that many of the women we WOTk with will be impacted by th¢ cost-of-living crisis, increasing risk and vulnerability. This will particularty be the for women who were already struggling to manage to make ends meet. Cost of living crisis In a Rahab data sample of 30 womaL all ft)und that their WOTklbenefits did not cover renL utilittes, and ti)od pnor to the cost-ol-living crisis. l O % - Asylimi seeking w()men. /0 - Women dependent OD univeTsal credi¢ and ho81ng beDefiL 4IP/ts- Wom¢rJ depend¢nt on univcrsal crcdiL housing benefit and child support. - Women working part-time and receiving universal Credrt and housing t¢fil - IA"omen WOEking. - omen not in rec6iPt of welth benefits / being by e.g. a partner. haN'e secured a small granv that will enable us to provide one off Iwdship suppon for ¢&8ential iS for . thlilren and no recourse to fimd& should the need arise. •wki•z_: shartd karniDg: ben¢ficiary upproduetion" sUPrt pathways . ye x&a]ic resulted in many of our partner agencies having little or no capacity for joint working 14 durinu the period. However. we maintained prOf10nal relationships and connections 2WL XXTqE_i i d;fferent onlme meettngs. networkmg fonjms and events OIKaL pan London and Muhi..40enc%' Case Confrrence (Royal Borough of KenSInon &
THE RAHAB PROJECT TRUSTEES, REPORT FOR YEAR EM)ED 31 MARCH 2024 However, we maintained Professional Telats"0nsbS and connecrions wliere we Coul E%uiiLipaiiJJg difftt¢nt (Mdinc iii¢¢titigs, n¢tWo]ng forum3 and cvents (lo¢aL pan London 9nd international). helping to Tal awaren% nf the impact of the pandemic on the wornffl we work with and better joi[d up supwjrt arr services for women's support When &qked Ahnut the impact nf the pandemic and their immediate eoncern& women express&l sbvgglin2 to think about the future, wanting to be indqKnd¢nt but IKing worried They also express1 value for the work we do and different approach we take compared to many other Organilon& To this end our fLW tor the comtng year continues to be around providing 511PIK)rt to V40men who would otherwis¢ be mi&sed by mainskn service4 working with women to listen to ther concerns and provide solutions that help them improve thew srtuattons and move torward wrth their lives. tn paralleL the Trustees will be focusing on developing a suStsI1¢ long.trn strategy with the support of the grant from 'Lloyds Foundation, and their Enhanced Programme for charities. STRUCTURE GOVERNANCE AND MANAGEMENT The Charity is Incorrated under Company law and is governed by its mem(Yandum and articles of association. New ljustees are appointed un rec(XDmendation and wnsidemg the necessary skjlls requNed within the Charity's Board of Tntst¢¢s. Staff and Volunteers Th¢ Charity ¢mploy¢d at th¢ ¢nd of the fiscal yw on¢ Staff m¢tDIKr whu is support1 by three freelanc¢T5 and a dedirated team nf c.irrg ?.5+ artive vnliinterTS any nnp. time. VnIimtee cnme fmm 2 rAnee nf pmfegqit)nAI and personal backwunds, contnlTruting their skills, talents, and abilities to belp deliv the projecL The Charity CODsiders trainÈng of voluntseT5 a very imwrtant part of its WOTk and all volunteers undergo a beswjke 10-month voluntttr training programm¢ to equip them with tb¢ skills and kn(ledge they need to undertake their roles effectively. FINANCIAL REVIEW AND RESERVES POLICY The financial position is s¢t (t in the Stat¢m¢nt of Financial Activities. together with th¢ Balallce Sheet and Notes to the FiJwicia] Statements. The charity incurred a surplus of £44J22 in the year (2023- deficit of £43,034) makmg total fun(Ls £253296 consisting of £56.719 of restricted funds aDd £196.577 utwestricte(L RESERVLS POLICY The tSteeS have a&sessed the charity's requirements and consider that between six and nine montbs rulming costs which amounTS beThveen £70.1)(KJ io £I(KI,(KA) should be rerained in reserves. Af 31 Marth 21124 unrestricted fun(ts amounted to £196.577 whieh is currently above the target range. Given the Trugtees, budget for 2024125 includes increased spendin& reserves are anticipatrd ts) reduce. GOING CONCERN The Board of Ttee3 is of the opinion that the charity has adequate TOurCeS to continue in operntional existenc¢ for the foreseeable future and there are no Materi uncertainties regarding the TnLsVs abilty to do so. RISK ASsESSmEr The Trustees have activ¢ involvcffjcllt ill the day to day numillg of the Chiwlty. This involveMt ensutes th& they are fully aware of the risks and requir1 action to sufficientty mitFgate those risks.
TRUSTEES. REPORT FOR YEAR ENDED 31 MARCH 2024 PUBLIC BENEFIT The TnCeS, m this rq)Ory descntr how th0 aGi1viii uthd¢rtak¢n by th¢ diarity fittther its ¢haritable purpoges for the publi¢ benefit. The Tntee$ confirn] that they c()mply wtth the thrty in section 17 of the Charities Act 2011 to have due regard to the public benetit guidance. TRUSTEES. KLSPONSEBIIJTIES STATEMENT Company Law requir the InJste¢s to PT¢pare fuw]cial statements foT each financial year. Under that law the Trnstees have ele¢tsd to prepare the fmaneial statements in accordance with United KgdOrn Generally Accepted AccountiDg Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trus"t¥¥S EDUJI iivt approvc the fill111a1 bloitiiicllts unlcss thcy wF sati3ficd thot they give a tTue and view of the stgte. of AffAirs nf the company for that year. TD preparing the financial statement4 the Trustees are require41 to: Select suitable accounting p)licies and applied them ]s{CDtty. Obserrfe the methods and principles of the CharAliGs SORP. Made judgments and estlmates that are reawnable and FThden¢ Prepared the accounts on a going concern basis unless it is illappropnak to presume that Ihe chariry wlll Continuc i operdliun. The Board of TneeS h&8 r¢snS0)Il1ty for maiotaining propu aTrI1g reconjs which disclose with reasonable accura¢y at any time the financial posttion of the chartty and enable it to ensure that th¢ financial statements comply with the Companies Act 21K16. It a150 h&s resp)nsibility safeguardiDg the assets of the charity and hence for taking reasonable steps to prevent and detect fraud and othff itregukn"es. BV OIiDER nF THF. BOARD OF TRUSTEES Sr Doly Mathew Truste¢ Date: 19_ia-aoa4
INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF THE RAHAB PROJE
I report on the financial statements of the con)pany for the year eDded 31 Marcb 2024 which comprise die Stat¢m¢nt of
Finan¢tal Activiti¢s and Balance SheeL with the related notes.
Rp¢¢tve respons4bili¢s of trustees snd emIller
The trustees (who are also the directors of the compaDy for the PUT) of company law) are responsil)le for the
pr¢p(aLIv vf acwunts in accordanc¢ with thc rcquirements of the Companies Act 2006 (*he 2(K16 Aev,). The
tniqte&£ are Satisfied that an audit is not required for this year under Se
THE RAHAB PROJE STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 MARCH 21124 Total Totsl 2023 Funds Funds Note5 Incomt from: Donations and lewacies Investments Charirnble activiticb 9283 1.605 9283 1,605 134.810 24.408 360 59276 134.810 Total income 134,810 10,888 145,6911 Expenditure on: Charitablc A¢tiviti¢s 100.779 397 101,176 127,078 Totsl expeDditure 100.779 397 101,176 127.078 Net (eipenditure)fmcome 34.031 10.491 44522 (43.034) Transfer between fun(L8 io 5250 (5250) Net movement in fvnds 39281 5241 44.522 (43.034) Reconciliatlon offulld5- Funds Imbught forward at l April 2023 Fullds orried forward at 31 Mareh 2024 17.438 191.336 208.774 251.808 io 56.719 196577 253296 208,774 All transactions are derived from continuing activitses. All recognisa gaitis and10&8es are included in the Statement of Financial Activiti¢& Th¢ notss on pag¢s io to 17 forni port of these finattei21 ststements.
THE KAHAII YKoJLcr Cumpolly Nubr. 06820663 BALANCE SHEET AT 31 MARCH 2024 2024 2023 FIXED ASSETS TaugiTr>l¢ &wts CiJRREiwf ASSETS Cash at bank and in hand 257242 213,753 257242 213.753 CREDITORS: amounts falling due withiti one year Accnlals Other Creditors 4,897 82 52 3.946 4,979 NF.T CItRRFiYf A&SETS 253296 208.774 IY£T Ab"SE'r1 253296 208,774 FUIYDS AND RESERVES Unrestricted funds R¢stricÈcd funds. io io 196.577 56.719 191,336 17,438 253296 208,774 The d]rectors consider that the company is entitled to exemption from the requiremfflt to hav¢ an audit under the provisions of section 477 of the Companies Act 21N)6 ("th¢ Act") and members have not required the company to obtain an audit for the period in question in accordance wilh sethioD 476 ofthe ACL The directOT5 thrit 7ilitÈ¢s for cDsuting that th¢ rompany kccp3 acwiinting which comply with sec.tion IRfi nf the Act and for preparing financial statetDents which accord with the accounting re¢ords of the company as at 31 Mh 2024 and of its profit or 10&8 for the wiod then ended in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply wilh the requirements of the Companies Act 2006 reillg to the financial statements so far &8 applithle to the company. The financial statements have been prepaT¢d in accordance with the ¥*cial provisions relating to companies subject to the small companies, regi]n¢ within Part 15 of the Companies Act 2006. The ftnaticial seMents were approv authviibrd fvr iJbU¢ by thc Board of the TnL%tCCs on were signed below on its [hR}f by" Sr Doly thew The notes on paRes 10 to 17 forni part of these fmancial ststements.
THE RAHAB YKOJLCI. NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 GENERAL INFORMATtON The Rabab Tntst is an incorpirated charity io EDglaDd and Walffj with the chanty regOn number 1132250.Th¢ tlSt¢red offic¢ is 84 Ec¢l¢ston Squarc. Londofy SWIV IPX. The principal objectives of the charity are set out within the Trustees lieporL on page 2. ACCOUNTING POLICIES The principal accounting p)licies adopte4 judgements and k¢y sources of ¢$tIOn uncertainty in the preparation of the accounts are laid out below. Bg$is of accounting The financial ststements have be prepared in &xordance with the Charities SORP (FRS 102} - Accounting and Reporting by CPritieS. Statement of Recommended Practice applicable to charities pryllig their accounts in accordance with the Financial Rerting Stanilard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Charity meets the definition of a public benefrt entity under FRS102. Assets and liabilittes are initialty recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy tEul¥(s). The financial statements are presented ID UK Sierlin& whi¢h is the Ch8rity's funthional arncy, and are rounded to the nearest FK)Ut)(L Assessment of going concern The TnteeS have &sse5sed whether the se of the going ¢oncem assumption is appropriate in preparing these accounts. The Tn have made this a&Sment in reSrt to a of one year from the date of approval of these accounts. The TnJstees of the chariry have cfflclul that there are no rnatetial uncertainties related to events OT conditions that may c> significant doubt on th¢ abilty of the charity to continue &s a going concern. The Trustees are of the opini(m that th¢ chatity will bav¢ sufficient rcsourcw to rneet tts liabilities as they fall due. Fund aceounting Unrestricted funds comwis¢ aLwmulated surpluses and deficits on g¢n¢Tal fimd8. They are available for use at the discretion of Ihe in titttherdnce ot the general charrtable objectives. liestricted funds ue those funds which are to be used in accordance with Specific instrurtions imwse41 by the donor or tr¥t deed. Income Income is recognised wben the charity has entitlement to the fun(L5, any pufonnance CODditions attached to the item(s) of income have t*en meL it is Fyobable that the income will be receiv&t and the amount can be measured reliabty. Clwitable incom¢ rqjrets grants receivable. 10
. NOThS TO THE FINANCIAL STATEKENTS YEAR ENDED 31 MARCH 2024 AccouNfiNG POLICIES (eoDtinued) Income (continued) Donativllli WhL thr thuily ]J&s" imi Jwtifiol wtitiug of iM)th th¢ amount and s¢ttl¢mcnt dats. In Ihe event that A d()na)tinn iq qiihje£t tt) condvtions that require a level of perfoTrnaDce before the charity is entitled to thc fund4 the income is defffred and not recogni until those conditions are fully mel or the fulfi]ment of those conditions is wholty within the control of the chartty. and it Js probable tIt those conditions will be fulfilled in the reporting perio Expenditure Expenditure including rnverable VA"1" to the Statemt of Financial Activits"es on an accTuaI's Charitable expenditure comprises expendIts dir attributable or allLKated to the PTiDcipal activity of the charity. Grdnts payabl¢ ar¢ cOUnt¢d for on an accnhth and conuDitin¢m b&%is with amounts collllnitted but not paid included within creditors. Governance wsts compris¢ those costs that cannot be dNectty at'buted to chantable actsvthes. 'I'hese costs are Foreign ¢urr¢Dey Trdnsactions denominated io forei cumcies are recor at the rate Tuling at the date of the transaction. Monetary ets and liabilittes denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. Any gain or loss 8rAsing from a change in ex¢haDge rates subsequent to the date of the transaction is reported a8 an exchange gain or loss in the pmfit and lo accA)unL Tanglble fixed a&8ets rffjkng ovff £JIKJ are capithlise(L Fixed as5¢ts arc di5Gluwl ut his"t()ri Depreciation is provided on all tallgl le fixed &wts at the rntes calculated to write off the cost on a straight-line basis over the estimated usefid economic lives as follows" tkasehold impmvements 2(Ph on cost D¢btors Trade and other d¢l)tors recognise41 at the SeleMent amount due afw any trade diswuni offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank ¥Dd in knnd Cash at bank and in hand inrlud¢s bank accounts. c&sh and short tCTtn highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the dew)sit or similar accowiL Creditors #nd provisions Creditors ond Provisions are recognised where the chaTity has a present obbgation resulting from a p&8t event that will probably result in the transf¢r of funits to a third party and the amount due to settle the obligation can be me&sured or estimated reliably. Cr&litors and provisions are no[lllly reco¥nised at their settlement amount after allowing for any trade diswunts dut.
THE RAHAB PROJE IYOTES TO THE FIIYANCIAL 5TATEMENTr• YEAR E14DED 31 MARCH 2024 ACCOUNTING POLICIES (eontinued) Financial instruments The cbarity only bas financial asgets 2nd financial liabilities of a kind that qualify as basic financial instruments. B&sic financial inSt[uettts are initially Te¢ognised at ttallsaction value and subs¢w¢ntly measured at their settlement value. Lritical aeeountsng estimates ar ol ju•Jgements Estimates and Judgements are continually evaluated and are based on htstorical experience and other fartor& including eXPatIOnS of future events thal are believed to be Trasonable uttder the Cir¢utttaces. Critical accouythng timate5 aP$suMptionS The Charity makes estimates aud UMl0S rx)ncerning the future. The resultiDg accountÈDg estimates and &8sumptions will, by definitio[4 seldom equal the related acts1 results. There were no estimates or umptIon.8 that have a significant risk of causxng a Materi &Jjusttnent to the carryiog amounts of &%sets and liabiliti¢s within the next kncial year. Lrrtical are(LY oljudgement In th¢ view of th¢ truste¢s in applyiDg the #¢¢owrting Poli¢l adopts no judgements w¢r¢ required that have a significant effect on the amounts recognised in the financial ststements nor do any estimates or assumptions made Ca a significant risk of material adjustment in the next financial year. NET INCOME 2024 2023 This is stated after charging: llldependent Exammer's fee 1.1515 1,65U I'KUS.1'b, RLMUNERATIUN AI¥J) REIMBUIL%ED EXVEly1S No trustee rec¢iv¢d remuneration or relbSed expenses during the year or in the previous year. The charity's key management personnel are its trustees who unremunerated. ANALYSIS OF INCOIKIE 2024 2023 Donations Investments Grants 9,283 1.605 134,810 24.408 360 59,276 145,698 84,044 12
NOTES TO THE FINANCIAL STATEME YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPEIWITURE Ch8ritabk Activitles 2024 2023 Co¥L) vfaLtiviiiGS" -qtAff cnqts -Oth¢r costs overnance costs 32,476 66,885 1,815 57,691 67,737 1.650 101.176 127.078 SALAIUES 2024 2023 Wages and sg1*ies Social secwity cos13 Pension Costs 31.dld 75 987 52,111 3,965 1.615 32.476 57.691 No staff ¢aTo¢d ov¢r £60,0(K> Trn the year (2023- the same). The averdge number of staff in the year is l (2023- 2). FIXED ASSETS LeAsehold improv¢m¢nts Total C05t At l April 2023 17.317 17.317 At 31 March 2024 17.317 17.317 epreeiation At l April 2023 17.317 17,317 At 31 March 2024 17.317 17,317 Net book value At 31 Marth 2024 At 31 March 2023 ANALYSIS OF NET ASSETS BETWEEN FIJNDS Total 2024 TotAI 2023 Funds Fun( Fund ba]attee8 at 31 Mareh 2 are represettted by: Tan11]e assets Current assets Current liabilities 2(K)523 (3.946) 56,719 257242 (3.946) 213,753 (4,979) Net assets 196.577 56.719 253296 208.774 13
THE RAHAB PROJEcr NOTES TO THE FINANCIAL STATEMENTS (eonthiued) YEAR ENDED 31 MARCH 2024 10. STATEMENT OF FUNDS CURREN[ YEAR Brou%bt forward Transfer Inlout Carri forward ExpeDdithre Ullrestricted funds G¢neral fullds 191,136 10.888 (397) {5250) 196,377 191,136 10088 (397) (5250) 196J77 Restricted funds Brougbi forward Trallsfer IDIOut Carriul forward Income EndItre Big Lottery Fund City Bridge Tn]st Rcnatc (3,7(K)) (37.497) 1.906 5,238 1,068 38.408 1,068 17 MOPAC VAWG TNL CF Wellbeing (113) 96 40 215 215 1.176 London Catalyst- Samarit (1.178) (3.964) (5.741) (19,984) LBHF Comic Relief MOPAC VAWG CLF Grocers Company Homc Offic¢ VAWG Sp¢¢ialist Anton JuTgens LCF+MOPAC iO,l(K) 6,136 3259 5.987 4,989 25.971 4.989 20,8S8 iO.IKM) 20,473 (26,010) 5,152 10,000 17,881 (2,592) 17.438 134.810 (l(Kl,779) Totsl funds W74 145.698 (101,176) 253.096 Big Lottery Fund Big Lottery funding is for th¢ purtK)ses of supporting the expansion the capacty and operational infrastructure to deliver mcre&sed support and llnpacL "Ibe fimding is lor the creation of a safe accommlxtsion, extending the ourreach programme and the existing team along with other agreed activities. Rahab reports to the British National Lottery on yearly basi5 providing an update on the prog and itnpact of the proj( how the funits were spent and outlook. City Bridge Trust Cover costs for a senior c&8e wolker for two years and related core activities. Salary of ca8e worker, partial salary of senior managema)L volunteer COS StafflvolunteerOm trdvel costs, women's equiprnenl ¢¢ntAI cogts. monitOTing and evaluatio4 clinieal supervision. Renate The purpose of this grdnt to support the pn)vRsion of online couoselling and Eng]ish sessions and advocacy around accessing servic¢s for women with insecure inmligration stalu4 oveTStayery appears right*xhausted asylum seeker5 from the most isolated and vuln¢rable communities. 14
THE RAHAB PROJEcr NOTES TO THE FINANCIAL STATEMEIWTS (continued) YEAR ENDED 31 MARCH 2024 10. STATEIKENT OF FUNDS (ColNUED) MOPAC VAWG The purp)se w&q to supwrt th¢ ¥XLixI gn)wiDg numbff of JYom¢n 3ccking Support as they struggled with the addition21 challenges brought on hy the pandanic. Funding ensed we ¢tInued to provide serrfices for them and to improve our organisational resi]ience. Th¢ fimd SuFpOrt towards salaries for our staff delivering services and for our Charity Administrator to facilitate the forDtIOn of a theory of change and an organisational strategy. impruving our gotnC¢ 3truGtur¢ and managm¢nt systems. London Community Response Fund- TNLCF COVllk19 R¢Snge Fund Fund granted to support the d¢v¢lopment aDd implementstion of Wellbeing@Rahab. a thernp¢utie programme for women involved in prostitirtion and WIK) have experi& sexual exploitatio AMHP BUPA- HelpliD¢s Thnd Riipg Fnundatitin Awarded for the purpose of the organisation's S]nlity. Granted as part of a grant scheme set up to provide funding to Cofktribute to an organisation's resilience through the Covid-19 pandnIC. Cost funded iD¢lude web developmenL volunteer traini external Supervisio and updates to Client Relationsb4) Management System. LndOn Calatyst Grant money to 1St people in severe need. It can be usaj to alleviat¢ a lS14 itDPToYe circutnthce5, and create opportuntties. LBHF rant money wmmissioned by LBHF Community Safety I VWAG who want to eslablish the scale to understand what support services are needed in the iM)rougb. Salary of two memlxr of the team working on th¢ seLh. Gribttr5 Awarded for the development of an onlin¢ training package for volunteers. Any activtti&q that supwt the development of training content and the upload on a secure web page. Lomie Kehef Fund granted for the development and delivery of a Wellbeing programme. Costs covered included Counsellor/Psycbothcrapist time to develop an assessment tool for phycology &wssment4 nm a series of wellbeing workshops. prepar4 deliver vohmteers training and provide clinical supervision. MOPAC VAWG Cost of Living Fund This grant must be u3¢d to rwd to the immediate IMP of th¢ cost-of.IiviDg crisis on womeD and girls affected by VAWG. Home Uffice VAWG specialist Supwjn Servlcu Fund Grant provid¢d to cover the salary of the Project crdinatOr tn mAn8ge the development and wordination of Rahab's involvement in our Muhl.agen th¢rShip m(Kkl and our outreach programme. Funding will also COntnllte to the delivery of group workshops ftlr wnmen. Anton Jurgens Fund granted to support a counselling programme of I day of couosclling time ovv 48 weeks. the hiring of adequate space for the sessions and trdvel costs for women atydiDg. LCF+MOVAC To provide compr¢hensive case rnan#8ement SUPFK*t to women #ffected hy Wjstltirtio trnfficking and sexual violence. reaching 320 women &8 direct beneficiaries in K¢nsillgtoD & Cbel 15
THE RAHAB PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continu) YEAR ENDED 31 MARCH 2024 10 STATEMENT OF FUNDS (COIYTINUKD) PRtOR YEAR YEAR Brought fonyard Carried forward IDcome Exp¢nditur¢ Unreslrleted eneral fimds 2l4,153 27,018 (49.83J) 191J30 214,153 27,018 {49,835) 191J36 R¢strictcd fund Brougbt forward Eipenditure Carried forviard IB¢ome Big Lottery Fw)d City Bridge Tnist 19.686 (14,080) (8.476) 12303 4.327 1,068 17 40 215 1,176 4,989 1,068 2,443 9,740 4.718 MOPAC VAWG TNL cr Wellbeing AMHP BUPA London Catslyst. Samarttatis Grocers Lompany 37,834 (40,260) (9,700) 14.503) (224) 4,989 37,655 57,026 (77,243) 17,438 Total funds 251818 (127,078) 208.774 ii. TAXATION The Ralth Project is a regIered Charity and therefe is not liable to income tax or corpordtion tax on incom¢ or sains d¢ri¥ its charitable activities, ds th¢y fall within th¢ ¢xemptions availabl¢ to registered cbarities. 12. LIAIJILI'I'Y UTr. MmIlE5. The charity is constituted &s & company limited by guarantee and h&8 no share c4)ital. The liability of each of the six members is Iltnited to the sutn of £1 w membu. 13. RELATED PARTIFS There were no related pty transactions ID either the current or previous year4 and thac are no balances outstandmg with any related parties. at the Balance sheet date {2U23: £Nil). 16
THE RAHAB PROJECT NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2024 14. STA, NT OF FINANCL4L AcmTrrIES. 2023 Restrieted Unrestrict1 Funds Funds Total 2023 tn¢ome from: Donations and Icgacics Investtnents Charltable activitics 24,408 360 2250 24,408 360 59276. 57.026 Totsl ineome 57.026 27,018 Expenditure on: Charitable Artivitic5 77243 49,835 127.078 Total eipenditur¢ 77243 49.835 127.078 Net {expenditsrellincome and net movement ID futtds (202I7) (22,817) (43,034) RecoDeiliatio4 of futtd$: Funds bought fonward gt l April 2022 37.655 214.153 251.808 IPund$ urri¢d fornrd at 31 March 2023 17,438 191,336 208,774 17