Company number: 6128281 Charity number: 1132626 STROUD BERESFORD LIMITED la company limited by guarantee FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 CONTENTS Page REFERENCE ANO ADMINISTRATIVE DETAILS REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS STATEMENT OF DIRECTORS. RESPONSIBILITIES 10 INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES STATEMENT OF FINANCIAL ACTIVITIES 12 &4LANCE SHEET 13-14 NOTES TO THE FINANCIAL STATEMENTS 15-23 STROUD BERESFORD LIMITED REFERENCE AND ADMINISTRATIVE DEfAILS Company registration number 5128281 Charity registration number 1132626 Registered address Windsor House Bayshill Road Cheltenham GL50 3AT Bankers Lloyds Bank PIC 130 H￿h Street Chelienham GL50 1EW Independent examiner S Lawrence Hazlewoods LLP Windsor House Bayshill Road CheKenham GL50 3AT Trustees and Directo Angda Lamond Helen Richmond Christine Westhead Alexandra Clarke {Appointed 23 March 2023) Christopher Bfierly IResKJned 3 May 20231 Annie Franklin (Resigned 2 May 2023) Philip Sullivan {Resigned 26 January 20231 Denise Needleman (Appointed 8 September 2022. resigned 22 June 2023) All trustees served throughout the period unless othep*ise noted Key Management Personnel Jill Cooper- Manager The trustees listed above STROUD BERESFORD UMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS for the year ended 31 March 2023 The Trustees and Directors present their annual report and the unaudited financial statements for the year ended 31 March 2023. In preparing the annual report and financial statements the Trustees and Directors have adopted the provisions of the Charities SORP IFRS 102) Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} (effectNe 1 January 2019). 1 OBJECTIVES AND ACTivmES ObJectlve$ Stroud Beresford Group began life as a communty organisation that supported people fleeing domestic abuse in Gloucestershire. It first formed in the 1970s and became a registered chartty in 1980 (registration number 284607). On 30 April 2010 Stroud Beresford Group transferred rts activrties to Stroud Beresford Limited, a company limited by guarantee. Stroud Beresford Limrted is a registered charitable company (charity registration number 1132626) and provides refuge and support for survivors of domestic abuse, principally for women and their chiklren. Stroud Beresford Limited is govemed by its Memorandum and Articles of Association. The Trustees and D1￿CtOrS have given due considerats'on to Charity Commission published guidance on the operation of the public benefit requirement. Stroud Beresford Group is the trading name for Stroud Beresford Limited. Principal activities for public benefft The Charity strives to support people to live a lrfe free from violence and abuse in the home. The Charty aims to ensure that families affected by domestic abuse are offered the best possible opportunities to iebuild their lives. Support. prevention and earfy intervention are central themes. The work carried oul by the Chartty helps people to: Recognise the nature. signs and impact of domestic abuse on themselves and others. Understand the options and choices available. Develop knowledge, confidence and self*steem. Understand basic safety planning steps and ways to reduce risk. ACh￿Ve a safer future famity life with improved health and wellbeing. STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2023 2 STRUCTURE, GOVERNANCE AND MANAGEMENT The Charity is managed by the management comM￿ee which includes the Trustee51Directors and adviser5. The Trusteesloirectors bring wide•Tanging professional and personal experience to the governance and leadership of the organisation. Day to day responsibilty for managing the Tefuges and our community based seNices is delegated to our professional Manager and her team. The CEO, qualified to post-graduate level with a ba¢kgToufKI in supported housMIg, domestic abuse. and education. supports stralegic planning and oversees operations performed by a skilled and experienced 5tsff learn. As a domestic abuse Charity which deals daily with risks and Safeguarding. we recognise how crucial good governance and leadership is and we ensure that people at all levels work together, communicate and act effectively to improve the lives of people affected by domestic abuse. The Board has a range of welkde¥eloped skills and Cvs. This includes fi'nance. kno￿edge of the third sector, policing. communty safety. education. funding, and an in-depth knovAedge of volunteering and working with people with special support needs. It is strengthened and developed on an ongoing basis. with support and training lo ensure effeclNe strategic leadership. 3 DIRECTORS AND TRUSTEES The followng are both Trustees ofthe Charty and Directors of the company as defined by the Companies Act 2006.. Angela McKenny Lamond (Acting Chair) Helen Catherine Ri¢hmond {Treasurer) Christine Mary Westhead (Secretary) Alexandra Eleanor Clarke A new trustee may be appointed by a ￿$OlUtion of a meeting of the Trustees and Directors. provided Ihat a memorandum is signed by the chair of that meeting and attesled by Iwo othef persons at the meeting. A new Trustee may be appointed at any time by the Trustees and Directors. There must be at least three trustees. The Directors received no remuneration in the year. STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued for the year ended 31 Ma￿h 2023 ACHIEVEMEKfs AND PERFORMANCE Revlew of acllvltles and future developments We provide a range of support senrfices to adulls and children affected by domestic abuse. The broad aims of all of our seivices are to= Protect individuals and families at risk through dornestic abuse Prevent domestic abuse occurring domestic abuse from escalating repeat victimisation Support individuals and families at risk of domestic abuse to reduce Tisk individuals and families experiencing domestic abuse children who are vulnerable, at risk or harmed by domestic abuse individuals affected by domesb'c abuse to build Confiden￿ and skills to live independent lives To support people affected by domestic abuse. we provide a range of serV￿S that offer flexibilrty and respond to the needs of those at risk. We recognise that the last few years have been particularly challenging for our client group. Covid-19 continues to have an impacl on the mental health of women affected by domestic abuse during this time. and Chikj￿n who have experienced long periods of isolation within al>usive homes. The current cost of living crisis has impacted on access to services. as perpetrators use this as a means of coeTave control. and on the day to day lives of women and children before coming to refuge. during their stay. and in planning their move on. Having identif￿d the need to provide additional support to alleviate the hardship for women as a result of the cost of living crisis, in the lasl year this has included.. Addits"onal support dunng the winter months when we recognise that there are additional costs for families Hardship support for familtes in our refuge, particularfy when Ihey first move into the refuge. buying essential tlems that they have left behind, initial shopping. transF)Ort to the refuge, and other items such as obtaining birth certificates and other paperwork that they may have left behind. Support from a local company towards the energy costs of women moving on from the refuge and into their own homes, vthich means that in the initial first few months when they are adjusting to their new home and life, they do not have to worry about energy bills. STROUD BERESFORD LIMrrED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS {Continued) for the year ended 31 March 2023 S ACHIEVEMEKfs AND PERFORMANCE {Contlnued) Our services are regularly reviewed and adapted and currently include." Women's Refuge We provide Gloucestershire's only women's refuges which offer short tenn. temporary accommodation and support for women and chikdren fleeing from domestic abuse. Our houses support up to 9 famil￿ at any one time enabling us to house and support on average more than 30 families a year. We provide individual and group support including resettlement to ensure that families have the skills and resources they need to live safe and independent lives. We received referrals for 143 families who need refuge space and supported 34 women and 24 children. Outreach We provide one-to-one support for women who have experienced, or are experiencing domestic abuse and live within the Stroud Distrid. We also offer a range of drffeTent workshops and courses to support both men and women al risk of harm through domestic abuse. In the last year we provided support for 69 women (indirectly reaching 63 children). This included 58 women who received individual support and 29 who attended group programmes (Wbth 18 women who received individual and group support). Children We provide specialist services to support to children in our refuges to help them to rebuild confidence. resilience and improve their health and wellbeing. We also provide community supwrt for children and parenting support. Chikjren are often the forgotten victims of domestic abuse. Most children we work with have already experienced several ACES (Adverse Childhood Experiences). Alongside this. there is increasing evidence that the pandemic has had a long-lasting impact on the mental heatth of children. particularly young children with the impact (on anxiety and attainment) compounded as a result of domestic abuse. In the last year we provided one-tfrone support for 24 children in the refuge and provided 100+ children and family sessions supporting the rebuilding of confidence, self-esteem and wellbeing. Organlsallonal The organisational rebrand was SUC￿$S￿lIY completed during the year, as planned. STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS {Continued) for the year ended 31 March 2023 ACHIEVEMEKfs AND PERFORMANCE (Continued) Fundralslng In the pasl year we have continued lo benefrt from a diverse range of income sources, induding trusts and foundations. statutory sources. individuals and generating earned income. FINANCIAL REVIEW AND RESULTS Flnanclal revlew The Charity's income for the year was £415.940 (2022 - £389.526). The Charity's in￿rne is based on a funding strategy that seeks funding from diverse sources. so that the charty does not become dependent on a single income stream or funder. In recent years we have been forlunate to receive stalutory funding, previously from central government through MHCLG. and Since 2022 from Gloucestershire County Council. Although this funding is awarded annually. Glouce5tershiTe County Council has indicated that they would like to Provide ongoing support, subject to funding and approval. and recognise the need to provide appropriate nots"￿ rfthis funding changes. The Charity has funds tolalling £1.110,931 of which £517.250 represenls the investment into the property The ￿mainIng fvnds a￿ £180,458 restricted income funds, £183,223 unrestricted income funds and £230,000 buildings and designated income reserve, being a designated reserve for maintenance and improvements and continuation of services {see below). {2022 - £1.062.855 with £182.271 restricted income funds. £225.910 unrestricted income funds and £654.674 total buildings reserve). The buildings and deS￿nated income reserve represents the value of the cost and refurbishment of the property purchased in 2017, together with the designaled cash reserve for mainlenance and improvements. and increasing our accommodation provision. and towards the conlinuation of our seThices. We have allocated £40.000 to our buildings reserves for improvements in our facilities in the next 2 to 3 years to cover. The costs ol improving existing refuge facilities The costs of developing further refuge facilities The costs of ongoing maintenance work Covering any loss of income if the refuges had to be vacated during any essential maintenance works, and l or alternative accommodation To explore options lo invest in propety wrthin Siroud District to enhance our services. in the longer temi, which will be the subject of a detailed appraisal in 2024. STROUD BERESFORD LIMrrED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS {Contlnued} for the year ended 31 March 2023 FINANCIAL REVIEW AND RESULTS (Contlnued) Flnancial review (Continued) In a(klition, vle have designated £70.000 towards the continuation of our services. As a seNice that works wrth women and chihlren who have experienced trauma and require reliable SUPF)Ort to reduce the nsk of hami, we recognise the need lo ensure continuity of services. OUT Strategy ensures a diverse sour¢e of funding, and we have allocated funding to areas where we have identified shortfalls. This will ensure that we are able to maintain service levels and qualty across all our services including refuge. outreach and children's services and can continue to respond to emerging needs. Golng concern The Charity relies on grants and donations and sponsorships lo support is charitable activities for which the Trustees are very grateful. Based on budgets they anticipate that the charity will be able to meet obligations as they fall due for the next 12 months from the approval of these financial statements. Future plans We will be acting in accordance wth our aims contained within our Business and strategic Plan. There is increasing recognition of the need for more comprehensive support for pe0F￿e affecled by domestic abuse. We Tecognise that we need to be able lo adapt and respond to demand for increased provision and we are committed to V￿rkIng wrth partners lo achieve any such aims. Key organisational aims include.. AchEving Women's Aid Qualrty Assurance (Stage 1 in 2023124) Continuing to devekjp and deliver our fvll matrix of work to meet diverse needs - women'5 refuge provision. children'5 work, outreach, Courses, workshops. Improving and maximising our faalities Strengthening our Board. including recruiting new Trustees and developing our induction processes 7 INVESTMENT POUCY The Trustees and Directors have the absolute discretTron to app￿ or invest money as they think frt. STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2023 RESERVES POLICY Having regard to F)Otential calls upon the Group's ￿$oUr￿$ in future years, it has been the Trustees. and Directors, policy lo invest surplus funds and maintain sufficient income funds equwalent lo at least six months, expenditure. As can be seen from the Financial Statements below. the Charity is cUr￿nIty meeting this policy. Total funds at the end of the year are £1.110.931. of which £517.250 is represented by the investment inlo Ihe woperty, and £230.000 designated for building Maintenan￿ and improvements. increasing our accommodation provision, and towards the continuation of our services. The total income fvnds were £363,681, of which £183.223 are unrestricted 12022 - £1.062.855, of which £528.649 represents the investment in propety and £126.025 designated for building rna1ntenan￿ and improvements. and £408.181 V￿re income funds, of which £225,910 were unrestricted)- 9 PAY POLICY FOR KEY MANGAGEMENT PERSONNEL The Trustees consider the Board of Trustees the key management personnel of the charity in charge of directing and controlling. running and operating the Charity on a day lo day basis. together with the manager. All Irustees give of their time freely and no trustee received remuneration in the year. Details of Tnjstees. expenses and related party transactions are disclosed in note 16 to the financial statements. The pay of the senior slaff is reviewed ar)nually based on performance and normally increased in accordance with average eamings. The remuneration is set to ensure it is both fair but also will attract and retain staff of the apwopriate calibre and experience required by the charity. 10 RISK MANAGEMENT The Trustees have assessed the major risks to which the chartty is exposed. in particular those risks related to the operations and finances of the charity. The Trustees recognise that there has been pressure on finances throughout the charitable sector including the domestic abuse sector. In recognition of these risks, the Trustees have approved a fundraising strategy that has reduced reliance of any one type of funder and increased focus on diverse income streams. To this end, we have applied to a range of charilaNe and granl-making trusls, slatulory providers, and individual benefactors and have undertaken communty fundraising activities. The Trustees have also Worked in partnership with Slroud District Council lo purchase one of our two refuge buildings and undertake improvement works which will offer greater security and reduce costs over the longer term. STROUO BERESFQRD up￿￿E0 REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2023 11 INDEPENDENT EXAMINERS Hazl8woo(fs LLP have expressed their willingness to continue in office. 12 SMALL COMPANY EXEMPTIONS Th1* rannrt .￿2 b•*r* p._partsA in •ha sw_ial n.￿VItIn￿$ for small companies under Part 15 of the CoMpan￿S Act 2006. ed on behalf of the Board of Trustees on ....... . ..... ................ Angela Lamond Acting Chair STROUD BERESFORD LIMrrED STATEMENT OF DIRECTORS. RESPONSIBILITIES The Directors are responsible for Kyeparing the annual report and the financial statements of the company in accordance with applicable law and regulations. Company law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance wrth Unrted Kingdom Generally Accepted Accounting Practi￿ {Uniled Kingdom Accounting Standards and applicable law). Under company law Ihe Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the Charity and the profit and loss for that year. In prepallng these financial statements the Directors are required to.. selecl suf(able accounting policies and then appty them ￿nsiStentIy- make judgements and estimates that are reasonable and Prudent.. state whether applicable UK Accounting Stsndards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that Ihe charity will conlinue in operation. The Directors are responsible for keep￿g accounting records that are sufficient lo show and explain the Charity's transactions and disclose with reasonab￿ accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with applicable law. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for Ihe prevention and detection of fraud and other irregularities. 10- ## **STROUD BERESFORD LIMITED INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 March 2023** I report on the financial statements of the charity for the year ended 31 March 2023, which comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein. ## **Respective Responsibilities of Trustees and Examiner** The Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. The Charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants. Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the financial statements under section 145 of the Charities Act; - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of Independent Examiner’s Report** > My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. ## **Independent Examiner’s Statement** In connection with my examination, no matter has come to my attention to indicate that: - accounting records have not been kept in accordance with section 386 of the Companies Act 2006; - the financial statements do not accord with such records: - where financial statements are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS102) - any matter, which in my opinion, should be drawn to the attention of the reader to gain a proper understanding of the financial statements. Scott Lawrence ACA, DChA HAZLEWOODS LLP 20 December 2023 Windsor House Bayshill Road Cheltenham GL50 3AT - -[11] STROUD BERESFORD UMITED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING SUMMARY INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2023 Unrestricted Building$ & DesSgnat•d Income reserve Unrestrlcted Income Fund5 Re$lri¢ted Income funds Total Income funds Tolal Income funds Not 2023 2023 2023 2023 2022 Income Donations Charila￿e acliwties 72.825 72,825 74,043 342,023 342,023 315,426 Inveslment income 1.092 1,092 57 Total income 73,917 342.023 415,940 3B9,526 Expenditure Raising funds 16.2141 {6,214) 15,5711 Charrtable activities Total expendituie (12.6291 {11.399) {337,6221 1361,650) 1359,4141 112.6291 111.399) (343,8361 1367,864) 1364,9851 N8t movement In funds 61.288 (11.399) 11.813) 48 076 24,541 Transfer befv4een funds 1103.9751 103.975 Net movement In funds 142,687) 92,576 11.8131 48,076 24,541 Total funds brought forward 225.910 654.674 182.271 1,062,855 1.038,314 Total fund$ carried forward 183.223 747,250 180.458 1,110,931 1.062,855 The slalemenl of financial actiwties indudes all gains and losses in Ihe year and therefo￿ a separate statement of lolal recogntsed gains and losses has not been prepaied. All the above amounts relate to continuing xl1vit￿. 12- STROUD BERESFORD LIMITED BALANCE SHEET as at 31 March 2023 Char6ty number 1132626 Company numbei 05128281 Note 2023 2022 FIXED ASSETS Tangible assets 10 534,587 548.952 CURRENT ASSETS Debtors 11 13,983 8,214 Cash in hand and al bank 630.587 574.497 644,570 582,711 LIABILITIES Creditors: arnounts due wlthln one yur 12 168,2261 168.8081 NET CURRENT ASSETS 576.344 513,903 TOTAL ASSETS LESS CURRENT LIABILITIES 1.110,931 1.062.8SS THE FUNDS OF THE CHARITY Restricted income funds 14 180.458 182,271 Unreslricled income fvnds 14 183,223 225,910 Buildings reserve 14 747.250 654,674 TOTAL FUNOS 14 1.110.931 1,062.855 The Trustees. statements required by Se￿￿ 475 are shthvn on the follNing page which forms part of this balance sheet. 13- STROUD BERE5FORD LIMITED BALANCE SHEET l¢opllnvedl as at 31 March 2023 Dir•ctors' Statem8nts roquired by S•¢tion 475 for the y•ar ended 31 March 2023 In approving Ihe5e finanaal ststements, 85 Directors ol ts Charitable Company we hereby confirm.. that for the period st*ed above the Chaiitable Company was entitled to the &xemption conferred by Section 477 of the Companies kn 20CO relath'ng to Small companies. Section 476 requesiing Ihat an audit bo cr￿uCted for the year éThJed 31 March 2021, and Ihal we acknowledge CWT responsiblities for. enswng that the Chan18bl& Company keeps accounting records whKh comply with Secticm 386 anrj 387 ofthe Comoanies Act 2006. and p￿parIng financial statements which give a true and lair view of the stale of affairs of th8 Charitable Company as al the end of the financial period and of its profil or loss for the period then ended in accordan￿ with Ihe requirements of Sections 394 and 395 and which olheryiise comply wrth Ihe prqvisionr of I,le -ompar.*s Act 2006 relating lo rinancial slaiemenls. so far as app￿"cable lo the charilabfe company. I nese TInan￿al starem&nts are PTepare(J In a￿0[aance wim ine specpi provisions ￿ van 15 Ot tne Companies Act 2LY)6 refatiry to sm811 ￿MPanies. Approved by the Board and aulhorised for is hmk nd signod on rts behalf by.. Angola Lamond Trustee Helen Rkhmond Tfuslee 14- STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023 GENERAL INFORMATION The Chaiitable Conyany is a private ￿￿npanY hmrted by guarantee incorporated and domiciles in England and Wale5 and a registered charty with the Charities Commission. The address of the registered offtt is: nd50r House 8ayshill Road Cheltenham GL50 3AT ACCOUNTING POUCIES The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the per￿1. Basis of Accounting The financial slalemenls have been prepared under the historul cost convention, adopting the following accounting pOI￿leS, all of whtch are in accordance with the Accounting and Reporting ty Charities- Statement of Rec(xnmended Pract￿e applicable to charities preparing Iheir financial slalements in accordance wrth the Financial Report Standards applicab￿ in the UK and Republic of Ireland IFRS 1021 effective 1 January 2019- (Charrties SORP IFRS 10211, the special provisions relating to small Comp￿leS Nvithin Part 15 of the Companies Act 20￿. The Chanty has adapted the CLynpanies Ata 201% fomials lo refiect the special nature of the charrty'g actsvilies. The financial statements are presented in Pound Sterling and have been rounded lo the nearest pound. The Charty constilules a publ￿ benefil enbty as defi￿ by FRS 102. Golng Conc8m The Charty rdies on the donations and trusts to support rts chantable aCtI￿t￿S. The Trustees have prepared the financial slalements on a going concem basis on the assumptKin that their funding will be met. Due lo the nature of cash fltrHs. there is afvftys some uncertainty. Shoukl the eharty not be able to continue as a going concern, adjustments would be necessary lo write down the value of asseis to their recoverable amounts. make provisions for further liabilrties that would arise on cessation of aclivitie$ and lo wlassify fixed assets and nQn-¢u￿ent as$el$ an¢J liabililie$. 15- STROUD BERESFORD UMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2023 ACCOUNTING POLICIES Icontinuodl Incomlng Resources Don*J"on$ represent amounts received duiiro the year. Grants receNable for specrfK purposes are credited to the Stat8mènt of Financial Aclbviti&s in the year to which they relate as soon as eondrtions for Teceipt have been met. Grants for immediate financial support. w received against costs previously incurred, are recognised immedialely in the Statement of Financial AdMIw. Resources Expended All expenditure 1$ induded in the financial statements as soon as it is incurred. The irrecoverable element of Value Added Tax B included with the ilem of expen$e to wh￿h it rebates. Depreciation DepreCiat￿n is calculated to write off the cost C￿ Valuati￿ less estimated residual vakje of tangible asse15 over their eslimaled useful lives * the following rates per annum.. Property Furnfture, ftttures and equipment 2% of cost (from 1 April 2018) 25°A of cost Taxation The Charity's activities fall wrthin the exemptions afforded by the provision of the Income and Corporation Taxes Act 1988. Ac¢ordingty, there is no taxats.on ch￿e in these financbaS statements. The company is not registereo 20,000 342.023 342,023 315,426 Of the income received of £342,023 in 202312022." £31 S.4261 all was restr￿e￿ funds. INVESTMENT INCOME Unrestricted Restrict•d Funds Funds 2023 2023 Total Funds 2023 Total Funds 2022 Interest 1,092 1,092 S7 Of the wicome receNed of £1.092 in 2023 (2022 - £5n all w8s unreslrictetl funds. RAISING FUNDS Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Total Fund$ 2022 Fundraising expenses 6.214 6,214 5,571 All of the expenditu￿ of £6.214 in 202312022". £5,571} was charged lo restr￿ed futKIs. 17- STROUD BERESFORD LI￿ED NOTES TO THE FINANCIAL STATEMENTS (Contlnuedl for the year ended 31 March 2023 CHARrrA8LE ACTIVITIES Unrestricted un￿StrIcted Rèstrictèd Funds Buildlngs Fund$ 2023 ReseNe 2023 2023 Total Funds 2023 Total Funds 2022 S81aries Employef's NICS Employer's Pension & life insurance Stsff training {extema) Reuuilmenl Other staff costs including clinical supervis Rent Telephone Light ar￿ heal Household expenses and TV licences Office expenses and stationery Decoroling, maintenance and gardening Water rates Motor and travel Insuranee Activities and ouiiNJs for hildren Room hire and expenses for workshops Legal and HR Support Depreciation of fixed assets Sundry expenses Marketing costs re website and promotional malerials Utilities & other sUPPOrt for residents 207.904 16,(60 8.721 207,904 16,060 8,721 201,195 15,307 10.503 2,645 543 3.840 2,645 543 3.840 3,669 244 266 21.077 4.286 9.036 3.730 21.077 4.286 9.036 3.730 20.537 3.761 9.743 4.249 736 7,070 7,806 8,735 8,301 8.301 10,683 1,335 1.335 847 4.340 6.758 805 510 3.041 6.962 4,340 6.758 1.998 1.998 4,286 4.294 7.543 4,294 18,942 5,235 17.874 11.399 4.398 4.398 18,401 12.896 12.896 3.082 11.399 337.622 352.103 348.850 Support costs Accountancy and bookkeeping 9.547 9.547 10,564 12,629 11,399 337.622 361.650 359,414 Of the expendrture of £361,650 {2022". £359.414I £12.62912022= £22.6991 was charged to unreslrKled funds. £11,39912022.. £11,285) was Charged to unrestrKted building$ ￿se￿e and £337.62212022.' £325,430> was charged lo restricted fund5. 18- STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Contlnued) for the year ended 31 March 2023 NET INCOME FOR THE YEAR Year ended 31 March 2023 Year ended 31 March 2022 Net income is staled after charging. Depreciation Independenl Examiner's lee 18.942 3.960 17.874 3,960 STAFF COSTS Year ended 31 March 2023 Year ended 31 March 2022 Wages and salaries Employer's National Insurance Empbyerfs Pension & lrfe insurance 207,904 16,060 8.721 201,195 15.307 10.503 232,685 227,005 The average number of employees during the year was 8 {2022. 81 all prowding charitable service5. No employee receNe(l emoluments in excess of £60.000. Truste6s' and kty managffinont emoluments Trustees and the CEO are considered key management. During the year no Trustee has received remuneTation. nor reimbursement of travel e4)enses. The CEO'S emoluments in 2023 w￿re not in eX￿s5 of £60.000. 19- STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2023 10 FIXED ASSETS Flxtures. flttings and equipment Property Tolal 6.145 569,927 636.072 Al 1 April 2022 Addrtions Disposals At 31 March 2023 4.577 4,577 70.722 569,927 640.649 Depreciation Al 1 April 2022 Charge for the year Disposals As at 31 Mareh 2023 45.842 7,543 41,278 11.399 87,120 18.942 53.385 106.062 Not Book Value As al 31 March 2023 As al 31 March 2022 17.337 20.303 517.250 528,649 534.587 548,952 11 DEBTORS Year ended 31 March 2023 Year ended 31 March 2022 Prepayments & Accnbed Inc(xne Other Debtors 3.781 10.202 3.746 4,468 13.983 8,214 12 CREDITORS (amounts duo within on• yeail Year ended 31 March 2023 Year ended 31 March 2022 Accruals Accounts payable Social 5ecurty, other tsxes and pension Deferred Ineome 8.613 3.457 7.214 48.942 6,516 6,415 8.606 47.271 68.226 68.808 Dèfecred income relates to fuThJs received in advance as shown in Nole 13 beh)w. -20- STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS {Conllnued) for the year ended 31 March 2023 ANALYSIS OF MOVEMENT ON FUNDS 23- Balanc• al b•9lnftlng gf period R•c•iv•d In advanc• 2022 Amounts r•c•lved 2023 Re¥ources Received Balanc• expended or in advance at end transferred 2023 of ppriod 2023 Rèstrict•d Fund$: National Lottarias CF 16.437 48.695 149,1fJ3 116,0261 Oth•r funds.. Refvge Outreach projects chihy￿n.S ￿oI￿ts 182,271 23,334 215.377 46.289 25.0(K) 1235.9411 138.7891 120.OCO 113.3331 16,2501 Is,0001 171,708 8.750 182.271 47.271 335,361 1343,8361 1rf0,6091 1BO,458 Unr•strlcted Funds 225.910 73,917 1116.6041 183,223 Buildings and 0•signated Incom• Reserve 654,674 103,Y75 111.3991 747.250 Total 1,062,855 47371 513.253 1471.8391 140,6091 1,110,931 2022: Balance t beginning of period Received in ad¥an¢e 2021 Amounts Resources Received Balance receiv•d ex￿nd•d or In advanc• at end 2022 tran$f¥rr¢d 2022 of period 2022 ¢1fv4d R•stri¢t•d Funds: National Lottenes CF BBC Chil¢Yren in Need oth•r funds.. Refug8 Oulreach projects ChikI￿n.$ projects 17.125 50.345 16.142 151.0331 118.8321 116,4371 197,846 95.618 133.276 25.0 20.oc {221.1361 120,C#XJI 120,(KKJI 123,3331 17.5001 182,271 197.846 117.934 244,763 1331.1)011 147.271) 182.271 Unr•slrlctgd Funds 174.509 74.11x1 (22.6991 22S.910 Bulldlng8 Rè*èw¥• Property 665.959 111,2851 654,674 Total 1,038,314 117,934 318,863 1364,98SI 147,2711 1.062,855 21 STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2023 13 ANALYSIS OF MOVEMENT ON FUNDS (Conllnuedl The restricted funds of the Charity comprise the following unexpended balances of donat￿nS and grants held in trusts lo be applied for Specif￿ purposes.. National Lottery Communlty Fund (Reaching Communitiesl- Provides activities and events for our Outreach Serwce, supporting those affected by domest￿ abuse in our local communty. Refuge.. This fund comprises various funding sources that supwrt projecls based in two refuge buildings in Stroud. They consist of the PTovision of both housing and support for women and their children. The funding source5 for this work are diverse and we support families in crisis with divers8 needs. The reStr￿ted funds are contingent funds for both housing and support related costs. Outreach proJKts'. These projects provide a range of support se￿ti$ in the c￿M￿nf¢Y to women affected by domestic abuse in the Stroud Distr￿1. We provKle one-to-one support, group workshops and courses that support the devek)pment of skills and kn¢xvledge that will help prevent domest abuse or support those affected by domestic abuse to move on their experiences and rebuild their INes. Children's projects: These prqecls are related to the sp￿ffic needs of chiwren and young people at the refuge. Property- This fund repiesenls the value of one of our refuge buiklings which was purchased from stroud Dislriet Council during the 2017 year, together with ImpTovemenl woths to extend the accommodat￿n and Tefurbish the property. and funds Teserved for further improvements and maintenance. and also for increasing our acc¢y)wnodation provision. Transfer betw¢en lunds: during the year the charty transferred £103.975 fiom UnreslrKleLI Income Funds lo the Unreslncled Buildings and DeswJnaled Income Reserye to be available foT iryroving and increasing our accommodatKsn provision, and towards the continuation of our services. -22- STROUD BERESFORD UMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2023 14 ANALYSIS OF ASSETS BETWEEN FUNDS Unrestricted Restricted Funds Funds 2023 2023 Total Funds 2023 Fixed assets- Buildings Fixed assets- Other Debtors Cash in hand and al bank L￿blIrtIeS 517,250 517.250 17,337 17,337 13.983 13,983 217.364 630.587 168,226) 168,2261 413,223 930,473 180,458 1,110,931 Unrestrlcted Restricted Funds Funds 2022 2022 Total Funds 2022 Fixed assets- Buildings Fixed assets- Other Debtors Cash In hand and al bank Liabilrties 528,649 528,649 20,303 20.303 8,214 8,214 222,562 574,497 168,808) 168,8081 351,935 880,$84 182.271 1,062,855 15 PENSION CONTRIBimoNS PensK•n costs are charged as incurred. The Charity is comptying wrth auto enrolment nJl8s for eligible omptyees. 16 CONTROL The Charity is controlled by the Board of TrusleeslDirectors. 17 RELATED PARTY DISCLOSURES There were no ￿lated party transactions during the year. -23-