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← Rahab Project

2025-03-31-accounts

Registered number: 06820663 Charity number: 1132250

THE RAHAB PROJECT

(A Company Limited by Guarantee) Registered Charity

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

THE RAHAB PROJECT

(A Company Limited by Guarantee) Registered Charity

CONTENTS

Page
Reference and Administrative Details of the Company, its Trustees and Advisers 1
Trustees' Report 2 - 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 - 21

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31ST MARCH 2025

Trustees Reverend Matthew Blake OCD
Sister Antonia Lopez Arroyo
Sister Doly Mathew
Kevin Hyland OBE
Sister Maria Luisa Puglisi
Company registered
number
06820663
Charity registered
number
1132250
Registered office
Rahab Project Ltd
84 Eccleston Square
London
SW1V 1PX
Independent Examiner
Adam Halsey FCA
HaysMac LLP
10 Queen Street Place
London
EC4R 1AG
Bankers
HSBC
25 Notting Hill Gate
London
W11 3JJ
Solicitors
Pothecary Witham Weld
84 Eccleston Square
London
SW1V 1PX

Page 1

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2025

The Trustees, who are the Directors of The Rahab Project present their report and audited financial statements for the year ended 31 March 2025. The information on page 1 forms part of this report.

VISION

To inspire a new generation called to support women affected by prostitution and human trafficking for the purpose of sexual exploitation.

MISSION

OBJECTIVES AND ACTIVITIES

The Charity’s objects that form its aims and objectives are:

Activities

Rahab provides comprehensive care for women involved in off street prostitution and women who have been trafficked for the purpose of sexual exploitation.

Service provision for women has historically focused on West London in the Royal Borough of Kensington & Chelsea where the charity is based, and neighbouring Boroughs of Hammersmith Fulham and Westminster City Council, however the organisation has a pan-London reach with regards to supporting women.

The women Rahab supports with are predominantly foreign national women who have experienced exploitation, harm, and abuse associated with prostitution and human trafficking for the purpose of sexual exploitation.

Rahab’s primary focus is to offer a place of safety and support where women can freely express what they are going through and what support they need. The charity’s aim is to overcome barriers to women’s empowerment, equality of opportunity and choice. It has established multi-agency partnerships and professional relationships with several referring organisations to help proactively identify women who may need support and ensure they receive the specialist care the organisation offers.

Rahab adopts a whole-person approach to address women’s practical and emotional needs and helping them explore their options, build resilience, and improve their situations.

Support is provided in confidence and on a non-time limited basis so that women have the freedom to engage at their own pace and make informed choices and decisions that work best for them in any given situation.

Page 2

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2025

Core activities include:

Outreach - weekly welfare visits to the women where they work, live, and in other settings (e.g., prisons, immigration removal centres), focusing on health, personal safety, and wellbeing. The outreach visits offer access to an Independent Sexual Violence Advisor and case work support.

Case work support – individualised care framed within Rahab’s five pillars:

Collaborations with statutory and voluntary/non-statutory agencies and organisations identify women at risk, addressing their needs in a coordinated way, and developing joint strategies for prevention work and sustainable routes out.

Christian/religious inspiration of the charity

Rahab’s ethos is inspired by the Christian faith and the values by which it operates are founded on Christian beliefs. These are enriched and shared by many people of other faiths and none who work with and support the organisation. The charity embraces this diversity 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.

ACHIEVEMENTS AND PERFORMANCE

No of women supported Apr-24 to Mar-25

We helped over 150 individuals through referrals and ongoing cases during the year.

Throughout the year our main focus was on delivering activities around supporting women alongside delivery of our current funding commitments:

Funded activities have included:

We continue collaborating with PMSE MACC partners to keep Rahab as a key partner in frontline service delivery for Kensington & Chelsea, Hammersmith & Fulham.

Page 3

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is incorporated under Company law and is governed by its memorandum and articles of association.

New trustees are appointed upon recommendation and considering the necessary skills required within the Charity’s Board of Trustees.

Staff and Volunteers

The Charity employed at the end of the fiscal year one staff member who is supported by three freelancers and a dedicated team of circa 15+ active volunteers at any one time. Volunteers come from a range of professional and personal backgrounds, contributing their skills, talents, and abilities to help deliver the project. The Charity considers training of volunteers a very important part of its work and all volunteers undergo a bespoke 10-month volunteer training programme to equip them with the skills and knowledge they need to undertake their roles effectively.

FINANCIAL REVIEW AND RESERVES POLICY

The financial position is set out in the Statement of Financial Activities, together with the Balance Sheet and Notes to the Financial Statements. The charity incurred a surplus of £38,269 in the year (2024 – £44,522) making total funds £291,565 consisting of £77,798 of restricted funds and £213,767 unrestricted.

RESERVES POLICY

The trustees have assessed the charity’s requirements and consider that between six and nine months running costs which amounts to between £70,000 to £100,000 should be retained in reserves. At 31 March 2025 unrestricted funds amounted to £213,767 which is currently above the target range. Given the Trustees’ budget for 2025/26 includes increased spending, reserves are anticipated to reduce.

GOING CONCERN

The Board of Trustees is of the opinion that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties regarding the Trust's ability to do so.

RISK ASSESSMENT

The Trustees have active involvement in the day to day running of the Charity. This involvement ensures that they are fully aware of the risks and required action to sufficiently mitigate those risks.

PUBLIC BENEFIT

The Trustees, in this report, describe how those activities undertaken by the charity further its charitable purposes for the public benefit. The Trustees confirm that they comply with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance.

Page 4

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2025

TRUSTEES’ RESPONSIBILITIES STATEMENT

Company Law requires the trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company for that year. In preparing the financial statements, the Trustees are required to:

The Board of Trustees has responsibility for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable it to ensure that the financial statements comply with the Companies Act 2006. It also has responsibility for safeguarding the assets of the charity and hence for taking reasonable steps to prevent and detect fraud and other irregularities.

Approved by order of the members of the board of Trustees on 10 December 2025 and signed on their behalf by:

Doly Mathew

Sister Doly Mathew Trustee

Page 5

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST MARCH 2025

Independent Examiner's Report to the Trustees of The Rahab Project ('the Company')

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31st March 2025.

Responsibilities and Basis of Report

As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. 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 records; 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 fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial 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 drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body, for my work or for this report.

23/12/2025 Signed: Dated: Adam Halsey FCA HaysMac LLP 10 Queen Street Place London EC4R 1AG

Page 6

THE RAHAB PROJECT

(A Company Limited by Guarantee) Registered Charity

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2025

Note
Income from:
Donations and legacies
5
Investments
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net income
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
14
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2025
£
161,296
-
161,296
135,065
135,065
26,231
(5,152)
21,079
56,719
21,079
77,798		 Unrestricted
funds
2025
£
16,818
1,953
18,771
6,733
6,733
12,038
5,152
17,190
196,577
17,190
213,767		 Total
funds
2025
£
178,114
1,953
180,067
141,798
141,798
38,269
-
38,269
253,296
38,269
291,565		 Total
funds
2024
£
144,093
1,605
145,698
101,176
101,176
44,522
-
44,522
208,774
44,522
253,296

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 9 to 21 form part of these financial statements.

Page 7

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity REGISTERED NUMBER: 06820663

BALANCE SHEET AS AT 31ST MARCH 2025

Note
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
Net current assets
Total net assets
Charity funds
Restricted funds
14
Unrestricted funds
14
Total funds		 6,307
289,010
295,317
(3,752)		 2025
£
291,565
291,565
77,798
213,767
291,565		 -
257,242
257,242
(3,946)		 2024
£
253,296
253,296
56,719
196,577
253,296

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by:

Doly Mathew

Sister Doly Mathew Trustee

Date: 10 December 2025

The notes on pages 9 to 21 form part of these financial statements.

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

1. General information

The Rahab Trust is an incorporated charity in England and Wales, with the charity registration number 1132250. The registered office is 84 Eccleston Square, London, SW1V 1PX. The principal objectives of the charity are set out within the Trustees Report, on page 2.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) – Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 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 benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The financial statements are presented in UK Sterling, which is the Charity’s functional currency, and are rounded to the nearest pound.

2.2 Going concern

The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The Trustees have made this assessment in respect to a period of one year from the date of approval of these accounts.

The Trustees of the charity have concluded that there are no 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 are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due.

2.3 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 9

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

2. Accounting policies (continued)

2.4 Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.6 Foreign currency

Transactions denominated in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. Any gain or loss arising from a change in exchange rates subsequent to the date of the transaction is reported as an exchange gain or loss in the profit and loss account.

2.7 Tangible fixed assets and depreciation

Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Page 10

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

2. Accounting policies (continued)

2.7 Tangible fixed assets and depreciation (continued)

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold improvements

2.8 Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Creditors and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.11 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2.12 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

Page 11

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

3. Critical accounting estimates and areas of judgement

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. There were no estimates or assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Critical areas of judgement:

In the view of the trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

4. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).

During the year ended 31st March 2025, no Trustee expenses have been incurred (2024 - £NIL).

Page 12

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

5. Income from donations and legacies

Donations
Grants
Total 2024
6.
Investment income
Bank interest receivable		 Restricted
funds
2025
£
-
161,296
161,296
134,810		 Unrestricted
funds
2025
£
16,818
-
16,818
9,283
Unrestricted
funds
2025
£
1,953		 Total
funds
2025
£
16,818
161,296
178,114
144,093
Total
funds
2025
£
1,953		 Total
funds
2024
£
9,283
134,810
144,093
Total
funds
2024
£
1,605

Investment income was to unrestricted funds in both financial years.

7. Analysis of expenditure on charitable activities

Summary by fund type

Charitable activities
Total 2024		 Restricted
funds
2025
£
135,065
98,601		 Unrestricted
funds
2025
£
6,733
2,575		 Total
2025
£
141,798
101,176		 Total
2024
£
101,176

Page 13

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

8. Analysis of expenditure by activities

Charitable activities
Staff costs
Bank charges and interest
Building & maintenance
Legal and professional fees
Office equipment
Outreach and hospitality
Rent
Telephone and internet
Travel expenses
Marketing and communications
Miscellaneous expenses
Monitoring, evaluation and learning
Staff training
Independent examination fees		 Charitable
activities
2025
£
141,798		 Total
funds
2025
£
141,798
Total
funds
2025
£
56,764
-
6,000
39,264
3,069
10,408
11,000
1,535
1,743
3,945
544
2,160
2,690
2,676
141,798		 Total
funds
2024
£
101,176
Total
funds
2024
£
32,476
64
80
35,181
844
15,731
10,250
1,297
259
2,745
71
-
-
2,178
101,176

Page 14

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

9. Staff costs

2025
£
Wages and salaries
55,232
Social security costs
397
Pension costs
1,135
56,764
The average number of persons employed by the Company during the year was as follows:
2025
No.
Employees
2		 2024
£
31,414
75
987
32,476
2024
No.
1

No employee received remuneration amounting to more than £60,000 in either year.

The Trustees are considered to be the key management personnel of the Charity.

10. Tangible fixed assets

Cost or valuation
At 1 April 2024
At 31st March 2025
Depreciation
At 1 April 2024
At 31st March 2025
Net book value
At 31st March 2025
At 31st March 2024		 Leasehold
improvements
£
17,317
17,317
17,317
17,317
-
-		 Total
£
17,317
17,317
17,317
17,317
-
-

Page 15

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

11. Debtors

2025 2024
£ £
Accrued income 6,307 -

12. Creditors: Amounts falling due within one year

Other creditors
Accruals		 2025
£
20
3,732
3,752		 2024
£
52
3,894
3,946

13. Analysis of net assets between funds

Analysis of net assets between funds - current year

Current assets
Creditors due within one year
Total
Analysis of net assets between funds - prior year
Current assets
Creditors due within one year
Total		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
77,798
217,519
-
(3,752)
77,798
213,767
Restricted
funds
2024
Unrestricted
funds
2024
£
£
56,719
200,523
-
(3,946)
56,719
196,577		 Total
funds
2025
£
295,317
(3,752)
291,565
Total
funds
2024
£
257,242
(3,946)
253,296

Page 16

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

14. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds
Restricted funds
Big Lottery Fund
City Bridge Trust 2022
Renate
TNL CF Wellbeing
AMHP BUPA
LBHF
Comic Relief
MOPAC VAWG CLF
Grocers Company
Anton Jurgens
LCF+MOPAC
City Bridge Trust 2024
Home Office VAWG Specialist
London Catalyst - Samaritans
Albert Hunt 2024
Leeds Bldg Society
Total of funds		 Balance at
1st April
2024
£
196,577
Balance at
1st April
2024
£
1,906
5,238
1,068
40
215
6,136
3,259
5,987
4,989
10,000
17,881
-
-
-
-
-
56,719
253,296		 Income
£
18,771
Income
£
-
52,430
-
-
-
-
1,000
-
-
-
44,257
8,910
46,699
5,000
2,000
1,000
161,296
180,067		 Expenditure
£
(6,733)
Expenditure
£
-
(50,180)
(550)
-
-
(6,136)
(4,259)
(2,477)
(525)
(6,442)
(22,949)
-
(41,547)
-
-
-
(135,065)
(141,798)		 Transfers
in/out
£
5,152
Transfers
in/out
£
-
-
-
-
-
-
-
-
-
-
-
-
(5,152)
-
-
-
(5,152)
-		 Balance at
31st March
2025
£
213,767
Balance at
31st March
2025
£
1,906
7,488
518
40
215
-
-
3,510
4,464
3,558
39,189
8,910
-
5,000
2,000
1,000
77,798
291,565

Page 17

THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

14. Statement of funds (continued)

Big Lottery Fund

Big Lottery funding is for the purposes of supporting the expansion the capacity and operational infrastructure to deliver increased support and impact. The funding is for the creation of a safe accommodation, extending the outreach programme and the existing team along with other agreed activities. Rahab reports to the British National Lottery on yearly basis providing an update on the progress and impact of the project, how the funds were spent and outlook.

City Bridge Trust 2022

Cover costs for a senior case worker for two years and related core activities. Salary of case worker, partial salary of senior management, volunteer costs, Staff/volunteers/women travel costs, women's equipment, central costs, monitoring and evaluation, clinical supervision.

Renate

The purpose of this grant to support the provision of online counselling and English sessions and advocacy around accessing services for women with insecure immigration status, overstayers, appears right-exhausted asylum seekers from the most isolated and vulnerable communities.

TNL CF Wellbeing

The purpose of this grant is to support the development and implementation of Wellbeing@Rahab, a therapeutic programme for women involved in prostitution and who have experienced sexual exploitation.

AMHP BUPA

Awarded for the purpose of the organisation’s sustainability. Granted as part of a grant scheme set up to provide funding to contribute to an organisation's resilience through the Covid-19 pandemic. Cost funded include web development, volunteer training, external supervision, and updates to Client Relationship Management system.

LBHF

Grant money commissioned by LBHF Community Safety / VWAG who want to establish the scale to understand what support services are needed in the borough. Salary of two member of the team working on the research.

Comic Relief

Fund granted for the development and delivery of a Wellbeing programme. Costs covered included Counsellor/Psychotherapist time to develop an assessment tool for psychology assessments, run a series of wellbeing workshops, prepare, deliver volunteers training and provide clinical supervision.

MOPAC VAWG CLF

The purpose was to support the expected growing number of women seeking support as they struggled with the additional challenges brought on by the pandemic. Funding ensured we continued to provide services for them and to improve our organisational resilience. The fund supported towards salaries for our staff delivering services and for our Charity Administrator to facilitate the formation of a theory of change and an organisational strategy, improving our governance structure and management systems.

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THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

14. Statement of funds (continued)

Grocers Company

Awarded for the development of an online training package for volunteers. Any activities that support the development of training content and the upload on a secure web page.

Anton Jurgens

Fund granted to support a counselling programme of 1 day of counselling time over 48 weeks, the hiring of adequate space for the sessions and travel costs for women attending.

LCF+MOPAC

To provide comprehensive case management support to women affected by prostitution, trafficking and sexual violence, reaching 320 women as direct beneficiaries in Kensington & Chelsea.

City Bridge Trust 2024

The purpose of this grant is to increase Rahab's operational capacity to deliver front-line services and reach 100 women, over two years, who are sexually exploited and in off-street prostitution in London.

Home Office VAWG Specialist

Grant provided to cover the salary of the Project Coordinator to manage the development and coordination of Rahab’s involvement in our multi-agency partnership model and our outreach programme. Funding will also contribute to the delivery of group workshops for women.

London Catalyst-Samaritans

The Samaritan grant money is to assist people in severe need. It can be used to alleviate a crisis, improve circumstances and create opportunities. Funding from London Catalyst would go towards developing Rahab’s Women Wellness programme. It would increase Rahab’s Lead Counsellor capacity to offer counselling sessions to women who are currently on a waiting list. The funding would also go towards delivering 4 workshops on themes such as parenting skills and self-care, which have been suggested by beneficiaries in a recent survey.

Albert Hunt 2024

Funding is to start an early intervention programme with women in HMP Downview, who have experienced sexual exploitation and are suffering high levels of trauma, anxiety, and depression. We will deliver wellbeing sessions aimed at building resilience and self-awareness. Through these sessions we will build relationships with the women to facilitate post-release continuity of support.

Leeds Bldg Society

Funding to support immediate needs of women, including clothing, emergency accommodation and meals, mobiles and data to keep in touch in emergencies.

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THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

14. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds
Restricted funds
Big Lottery Fund
City Bridge Trust 2022
Renate
TNL CF Wellbeing
AMHP BUPA
LBHF
Comic Relief
MOPAC VAWG CLF
Grocers Company
Anton Jurgens
LCF+MOPAC
Home Office VAWG Specialist
London Catalyst - Samaritans
MOPAC VAWG
Total of funds		 Balance at
1st April
2023
£
191,336
5,606
4,327
1,068
40
215
-
-
-
4,989
-
-
-
1,176
17
17,438
208,774		 Income
£
10,888
-
38,408
-
-
-
10,100
9,000
25,971
-
10,000
20,473
20,858
-
-
134,810
145,698		 Expenditure
£
(397)
(3,700)
(37,497)
-
-
-
(3,964)
(5,741)
(19,984)
-
-
(2,592)
(26,010)
(1,178)
(113)
(100,779)
(101,176)		 Transfers
in/out
£
(5,250)
-
-
-
-
-
-
-
-
-
-
-
5,152
2
96
5,250
-		 Balance at
31st March
2024
£
196,577
1,906
5,238
1,068
40
215
6,136
3,259
5,987
4,989
10,000
17,881
-
-
-
56,719
253,296

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THE RAHAB PROJECT (A Company Limited by Guarantee) Registered Charity

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

15. Summary of funds

Summary of funds - current year

Balance at Balance at Balance at
1st April Transfers 31st March
2024 Income Expenditure in/out 2025
£ £ £ £ £
General funds 196,577 18,771 (6,733) 5,152 213,767
Restricted funds 56,719 161,296 (135,065) (5,152) 77,798
253,296 180,067 (141,798) - 291,565
Summary of funds - prior year
Balance at Balance at
1st April Transfers 31st March
2023 Income Expenditure in/out 2024
£ £ £ £ £
General funds 191,336 10,888 (397) (5,250) 196,577
Restricted funds 17,438 134,810 (100,779) 5,250 56,719
208,774 145,698 (101,176) - 253,296

16. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £1,135 (2024 - £987). There were no amounts payable to the fund at the Balance sheet date (2024 - £Nil).

17. Taxation

The Rahab Project is a registered Charity and therefore is not liable to income tax or corporation tax on income or gains derived from its charitable activities, as they fall within the exemptions available to registered charities.

18. Liability of members

The charity is constituted as a company limited by guarantee and has no share capital. The liability of each of the six members is limited to the sum of £1 per member.

19. Related party transactions

There were no related party transactions in either the current or previous years, and there are no balances outstanding with any related parties, at the Balance sheet date (2024: £Nil).

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