Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
**Company number: 5128281 Charity number: 1132626**
## **STROUD BERESFORD LIMITED (a company limited by guarantee) FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **C O N T E N T S**
Page REFERENCE AND ADMINISTRATIVE DETAILS REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS 2 - 9 STATEMENT OF DIRECTORS’ RESPONSIBILITIES 10 INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES 11 STATEMENT OF FINANCIAL ACTIVITIES 12 BALANCE SHEET 13 - 14 NOTES TO THE FINANCIAL STATEMENTS 15 - 23
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED REFERENCE AND ADMINISTRATIVE DETAILS**
|Company registration number|5128281|
|---|---|
|Charity registration number|1132626|
|Registered address|Windsor House|
||Bayshill Road|
||Cheltenham|
||GL50 3AT|
|Bankers|Lloyds Bank Plc|
||130 High Street|
||Cheltenham|
||GL50 1EW|
|Independent examiner|S Lawrence|
||Hazlewoods LLP|
||Windsor House|
||Bayshill Road|
||Cheltenham|
||GL50 3AT|
|Trustees and Directors|Angela Lamond|
||Helen Richmond|
||Christine Westhead (resigned 9 January 2025)|
||Alexandra Clarke (Appointed 23 March 2023)|
||Andrea Rigby (Appointed 18 January 2024)|
||Alison Coates-Howard (Appointed 18 Jan 2024)|
||Sarah Telford (Appointed 18 January 2024)|
||Christopher Brierly (Resigned 3 May 2023)|
||Annie Franklin (Resigned 2 May 2023)|
||Denise Needleman (Appointed 8 September|
||2022, resigned 22 June 2023)|
||All trustees served throughout the period unless|
||otherwise noted|
|Key Management Personnel|Jill Cooper – CEO|
||The trustees listed above|
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
**STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS for the year ended 31 March 2024**
The Trustees and Directors present their annual report and the unaudited financial statements for the year ended 31 March 2024. In preparing the annual report and financial statements the Trustees and Directors have adopted the provisions of 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).
## **1 OBJECTIVES AND ACTIVITIES**
## **Objectives**
Stroud Beresford Group began life as a community organisation that supported women and children fleeing domestic abuse in Gloucestershire, known locally as Stroud Women’s Refuge. It first formed in the 1970s and became a registered charity in 1980 (registration number 284607). On 30 April 2010 Stroud Beresford Group transferred its activities to Stroud Beresford Limited, a company limited by guarantee.
Stroud Beresford Limited is a registered charitable company and provides refuge and support for survivors of domestic abuse, principally for women and their children.
Stroud Beresford Limited is governed by its Memorandum and Articles of Association.
The Trustees and Directors have given due consideration 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 benefit**
The Charity strives to support individuals who would benefit from women support services, and children, to live a life free from violence and abuse in the home.
The Charity aims to ensure that families affected by domestic abuse are offered the best possible opportunities to rebuild their lives.
Support, prevention and early intervention are central themes. The work carried out by the Charity 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-esteem.
- Understand basic safety planning steps and ways to reduce risk.
- Achieve a safer future family life with improved health and wellbeing.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2024**
## **2 STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is managed by the management committee which includes the Trustees/Directors and advisers. The Trustees/Directors bring wide-ranging professional and personal experience to the governance and leadership of the organisation. Day to day responsibility for managing the refuges and our communitybased services is delegated to our CEO and her team.
The CEO, qualified to post-graduate level with a background in supported housing, domestic abuse, and education, supports strategic planning and development. Our service manager oversees operations performed by a skilled and experienced staff team. She has experience in the domestic abuse and children’s workforce, is a qualified IDVA and has achieved the OCNLR Level 4 Award in Skills for Service Managers Working in Gender Based Services.
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 those affected by domestic abuse. The Charity’s governance was recently reviewed as part of the recent award of Women’s Aid Quality Assurance (Stage 1) accreditation.
The Board has a range of well-developed skills. This includes finance, knowledge of the third sector, education, law, funding, domestic abuse services, voluntary sector management, and policy development and contracts, as well as an in-depth knowledge of volunteering and working with people with special support needs. It is strengthened and developed on an ongoing basis.
## **3 DIRECTORS AND TRUSTEES**
The following are both Trustees of the Charity and Directors of the company as defined by the Companies Act 2006:
Alison Coates-Howard (Chair) Helen Catherine Richmond (Treasurer) Angela McKenny Lamond Alexandra Eleanor Clarke Andrea Rigby Sarah Telford
A Trustee may be appointed by a resolution of a meeting of the Trustees and Directors, provided that a memorandum is signed by the chair of that meeting and attested by two other 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.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED**
**REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2024**
## **4 ACHIEVEMENTS AND PERFORMANCE**
## **Review of activities and future developments**
The Charity provides a range of support services to individuals, who would benefit from women only services, and children affected by domestic abuse. The broad aims of all of our services are to:
Protect individuals and families at risk through domestic abuse Prevent domestic abuse from occurring domestic abuse from escalating repeat victimisation Support individuals and families at risk of domestic abuse to reduce risk individuals and families experiencing domestic abuse children who are vulnerable, at risk or harmed by domestic abuse individuals affected by domestic abuse to build confidence and skills to live independent lives
To support those affected by domestic abuse, the Charity provides a range of services that offer flexibility and respond to the needs of those at risk.
The Charity recognises that the last few years have been particularly challenging for its client group, with cost of living and housing being the key issues, and clients experiencing significant hardship.
The current cost of living crisis continues to impact on access to services, as perpetrators use this as a means of coercive control, and on the daily lives of women and children before coming to refuge, during their stay, and in planning their move on. Move on is further complicated by the shortage of housing, which is recognised as both a local and national issue, with all Local Authorities facing increasing demand and reduced supply. Some of outreach clients face similar challenges with poverty, cost-of-living and housing issues exacerbating the challenges they face as victims and survivors of domestic abuse.
The Charity has continued our support to alleviate the hardships facing individuals and children and in the last year additional funding has enabled us to provide:
- Additional support during the winter months which can be particularly difficult and costly for families
- Hardship support for families in refuge, particularly when they first move and at difficult points in their stay with us, buying essential items that they have left behind, initial shopping, transport to the refuge, and other items such as obtaining birth certificates and other paperwork that they may have left behind.
- Move on support for families in refuge, helping them to prepare to move out, helping them to equip their new homes, and preparing for sustainable, independent living.
- Additional support from a local energy company towards the energy costs of those moving on from the refuge and into their own homes, which 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.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2024**
## **4 ACHIEVEMENTS AND PERFORMANCE (Continued)**
The legacy of Covid-19 continues to impact on the mental health and wellbeing of families affected by domestic abuse during this time.
Families with multiple needs have been particularly hard hit and our support helps to address the complexity of needs they have experienced.
The Charity’s services are regularly reviewed and adapted and currently include:
## **Women’s Refuge**
The Charity provides Gloucestershire's only women's refuges which offer short term, temporary accommodation and support for individuals, who would benefit from women only services, and children fleeing from domestic abuse. The two houses support up to 9 families at any one time enabling us to house and support on average more than 30 families a year. The Charity provides individual and group support including resettlement to ensure that families have the skills and resources they need to live safe and independent lives. he Charity received referrals for 130 families and supported 39 women and 36 children.
## **Outreach**
The Charity provides one-to-one support for individuals who have experienced, or are experiencing domestic abuse and live within the Stroud District. We also offer a range of different workshops and courses to support both men and women at risk of harm through domestic abuse.
In the last year we provided support for 45 women (indirectly reaching 49 children). This included 34 women who received individual support and 23 who attended group programmes (with 11 women who received individual and group support).
## **Children**
Children are often the forgotten victims of domestic abuse. Most children the Charity works with have already experienced several ACEs (Adverse Childhood Experiences). There is a wealth of evidence that domestic abuse affects children’s short and long term cognitive, behavioural and emotional development, and their health, wellbeing and ability to learn and form positive relationships.
The Charity provides specialist services to support to children in refuge and the community, to build protective factors which reduce the impact of this trauma, and help them to build skills, confidence, resilience and improve their health and wellbeing.
In the last year the Charity provided one-to-one support for 36 children in the refuge indirectly supported 49 children in the community.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2024**
## **4 ACHIEVEMENTS AND PERFORMANCE (Continued)**
## **Organisational**
This year the Charity focused on governance and improvement of Trustee recruitment and induction procedures, working with two external agencies (both provided through the Lloyds Foundation):
- One supported a review of governance and included a review of our organisational values and Code of Conduct for Trustees.
- Reach helped review the Charity’s approach to advertising for board members, which resulted in the successful of recruitment of new Trustees in January 2023.
The Charity achieved Women’s Aid Quality Assurance (Stage 1) accreditation.
## **Fundraising**
In the past year the Charity has continued to benefit from a diverse range of income sources, including trusts and foundations, statutory sources, individuals and generating earned income.
## **5 FINANCIAL REVIEW AND RESULTS**
## **Financial review**
The Charity’s income for the year was £474,769 (2023 - £415,940).
The Charity’s income is based on a funding strategy that seeks funding from diverse sources, so that the charity does not become dependent on a single income stream or funder.
In recent years the Charity has been fortunate to receive statutory funding, previously from central government through MHCLG, and since 2022 from Gloucestershire County Council. Although this funding is awarded annually, Gloucestershire County Council has indicated that they would like to provide ongoing support, subject to funding and approval, and recognise the need to provide appropriate notice if this funding changes.
The Charity has funds totalling £1,166,064 (2023 - £1,110,931) made up of £183,220 (2023 - £180,458) restricted income funds, £196,992 (2023 - £183,223) unrestricted income funds and £785,852 (2023 - £747,250) buildings and designated income reserve, being a designated reserve for maintenance and improvements and continuation of services (see below). The buildings and designated income reserve represents the value of the cost and refurbishment of the property purchased in 2017, together with the designated cash reserve for maintenance and improvements, and increasing our accommodation provision, and towards the continuation of our services.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2024**
## **5 FINANCIAL REVIEW AND RESULTS (Continued)**
## **Financial review (Continued)**
The Charity has allocated a further £50,000 to buildings reserves for improvements in facilities in the next 2 to 3 years to cover:
- The costs of 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 / or alternative accommodation
- To explore options to invest in property within Stroud District to enhance services, in the longer term, which will be the subject of a detailed appraisal in 2024.
£70,000 has been designated towards the continuation of services. As a service that works with individuals and children who have experienced trauma and require reliable support to reduce the risk of harm, the Charity recognises the need to ensure continuity of services. The strategy ensures a diverse source of funding, and the Charity has allocated funding to areas where shortfalls have been identified. This will ensure to the maintenance of service levels and quality across all services including refuge, outreach and children’s services and as well as continuing to respond to emerging needs.
## **Going concern**
The Charity relies on grants and donations and sponsorships to 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.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2024**
## **5 FINANCIAL REVIEW AND RESULTS (Continued)**
## **Future plans**
The Charity has determined the following strategic objectives for the next three years to sustain and grow delivery:
- Governance: Strengthen governance, internal processes and procedures in line with Governance Code for Small Charities focusing on staff wellbeing, diversity and cultural competency
- Refuge expansion: Explore options for expansion of accommodation provision, and subsequently develop plans to deliver the most appropriate. Such activity to include completion of an options appraisal, and, together with independent consultancy, determine viability
- Fundraising and Finance: Secure funding to deliver the full programme of work, through a diverse matrix of funding (including through grants and public funding supported by the Friends group).
- Quality: Achieve Quality Assurance Stage 2 Women’s Aid accreditation
- Publicity and Awareness Raising: raising greater awareness of the services offered by the Charity, supporting increased Friends activity and continue to develop social media/website activity.
## **6 INVESTMENT POLICY**
The Trustees and Directors have the absolute discretion to apply or invest money as they think fit.
## **7 RESERVES POLICY**
Having regard to potential calls upon the Group’s resources in future years, it has been the Trustees’ and Directors’ policy to invest surplus funds and maintain sufficient income funds equivalent to at least six months’ expenditure. As can be seen from the Financial Statements below, the Charity is currently meeting this policy.
Total funds at the end of the year are £1,166,064, of which £505,852 is represented by the investment into the property, and £280,000 designated for building maintenance and improvements, increasing our accommodation provision, and towards the continuation of our services. The total income funds were £380,212, of which £196,992 are unrestricted (2023 - £1,110,931, of which £517,250 represents the investment in property and £230,000 designated for building maintenance and improvements, and £363,681 were income funds, of which £183,223 were unrestricted).
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
**STROUD BERESFORD LIMITED REPORT OF THE BOARD OF TRUSTEES AND DIRECTORS (Continued) for the year ended 31 March 2024**
## **8 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 to day basis, together with the CEO.
All trustees give of their time freely and no trustee received remuneration in the year. Details of Trustees’ expenses and related party transactions are disclosed in note 16 to the financial statements.
The pay of the senior staff is reviewed annually based on performance and normally increased in accordance with average earnings. The remuneration is set to ensure it is both fair but also will attract and retain staff of the appropriate calibre and experience required by the charity.
## **9 RISK MANAGEMENT**
The Trustees have assessed the major risks to which the charity 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 charitable and grant-making trusts, statutory providers, and individual benefactors and have undertaken community fundraising activities. The Trustees have also worked in partnership with Stroud District Council to purchase one of our two refuge buildings and undertake improvement works which will offer greater security and reduce costs over the longer term.
## **10 INDEPENDENT EXAMINERS**
Hazlewoods LLP have expressed their willingness to continue in office.
## **11 SMALL COMPANY EXEMPTIONS**
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
28/1/2025 Signed on behalf of the Board of Trustees on ................................
liso. **……………………….** Coates—Howard **Alison Coates-Howard** Chair
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED STATEMENT OF DIRECTORS’ RESPONSIBILITIES**
The Directors are responsible for preparing 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 with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Directors 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 Charity and the profit and loss for that year. In preparing these financial statements the Directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Directors are responsible for keeping accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable 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 the prevention and detection of fraud and other irregularities.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS for the year ended 31 March 2024**
I report on the financial statements of the charity for the year ended 31 March 2024, 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 ……………………………………… lawrene Scott Lawrence ACA, DChA HAZLEWOODS LLP
28/1/2025
_………………………….._
Windsor House Bayshill Road Cheltenham GL50 3AT
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING SUMMARY INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2024**
|**Notes**
**Income**
Donations
3
Charitable
activities
4
Investment
income
5
**Total**
**income**
**Expenditure**
Raising
funds
6
Charitable
activities
7
**Total**
**expenditure**
**Net**
**movement**
**in funds**
Transfer
between
funds
**Net**
**movement**
**in funds**
**Total funds**
**brought**
**forward**
**Total funds**
**carried**
**forward**|**Unrestricted**
**Income**
**Funds**
**2024**
**£**
91,070
-
7,688
98,758
-
(34,988)
(34,988)
63,770
(50,001)
13,769
183,223
196,992|**Unrestricted**
**Buildings &**
**Designated**
**Income**
**reserve**
**2024**
**£**
-
-
-
-
-
(11,399)
(11,399)
(11,399)
50,001
38,602
747,250
785,852|**Restricted**
**Income**
**funds**
**2024**
**£**
-
376,011
-
376,011
(6,404)
(366,845)
(373,249)
2,762
-
2,762
180,458
183,220|**Total**
**Income**
**funds**
**2024**
**£**
91,070
376,011
7,688
474,769
(6,404)
(413,232)
(419,636)
55,133
-
55,133
1,110,931
1,166,064|**Total**
**Income**
**funds**
**2023**
**£**
72,825
342,023
1,092|
|---|---|---|---|---|---|
||||||415,940|
||||||(6,214)
(361,650)|
||||||(367,864)|
||||||48,076
-|
||||||48,076
1,062,855|
||||||1,110,931|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All the above amounts relate to continuing activities.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED BALANCE SHEET as at 31 March 2024**
## **Charity number 1132626 Company number 05128281**
|**Note**
**FIXED ASSETS**
Tangible assets
**10**
**CURRENT ASSETS**
Debtors
**11**
Cash in hand and at bank
**LIABILITIES**
**Creditors: amounts due**
**within one year**
**12**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**THE FUNDS OF THE CHARITY**
Restricted income funds
**14**
Unrestricted income funds
**14**
Buildings reserve
**14**
**TOTAL FUNDS**
**14**|**2024**
**£**
520,308
_______
5,228
663,407
________
668,635
(22,879)
_______
645,756
_______
**1,166,064**
_______
183,220
196,992
785,852
**________**
1,166,064
________|**2023**
**£**
534,587
_______
13,983
630,587
________
644,570
(68,226)
________
576,344
________
**1,110,931**
________
180,458
183,223
747,250
**________**
**1,110,931**
________|
|---|---|---|
The Trustees’ statements required by Section 475 are shown on the following page which forms part of this balance sheet.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED BALANCE SHEET (continued) as at 31 March 2024**
## **Directors’ Statements required by Section 475 for the year ended 31 March 2024**
In approving these financial statements, as Directors of the Charitable Company we hereby confirm:
- a) that for the period stated above the Charitable Company was entitled to the exemption conferred by Section 477 of the Companies Act 2006 relating to small companies.
- b) that no notice has been deposited at the registered office of the Charitable Company pursuant to Section 476 requesting that an audit be conducted for the year ended 31 March 2021, and
- c) that we acknowledge our responsibilities for:
- i) ensuring that the Charitable Company keeps accounting records which comply with Section 386 and 387 of the Companies Act 2006, and
- ii) preparing financial statements which give a true and fair view of the state of affairs of the Charitable Company as at the end of the financial period and of its profit or loss for the period then ended in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the provisions of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
## 28/1/2025
Approved by the Board and authorised for issue on …………………. and signed on its behalf by:
liso. **…………………….** Coates—Howard Helen **……………………** Kiolumowd **Alison Coates-Howard Helen Richmond** Trustee Trustee
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024**
## **1 GENERAL INFORMATION**
The Charitable Company is a private company limited by guarantee incorporated and domiciles in England and Wales and a registered charity with the Charities Commission.
The address of the registered office is: Windsor House Bayshill Road Cheltenham GL50 3AT
## **2 ACCOUNTING POLICIES**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the period.
## **Basis of Accounting**
The financial statements have been prepared under the historical cost convention, adopting the following accounting policies, all of which are in accordance with the Accounting and Reporting by Charities – Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Report Standards applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2019 – (Charities SORP (FRS 102)), the special provisions relating to small companies within Part 15 of the Companies Act 2006.
The Charity has adapted the Companies Act 2006 formats to reflect the special nature of the charity’s activities.
The financial statements are presented in Pound Sterling and have been rounded to the nearest pound.
The Charity constitutes a public benefit entity as defined by FRS 102.
## **Going Concern**
The Charity relies on the donations and trusts to support its charitable activities. The Trustees have prepared the financial statements on a going concern basis on the assumption that their funding will be met. Due to the nature of cash flows, there is always some uncertainty. Should the charity not be able to continue as a going concern, adjustments would be necessary to write down the value of assets to their recoverable amounts, make provisions for further liabilities that would arise on cessation of activities and to reclassify fixed assets and non-current assets and liabilities.
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Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
## **2 ACCOUNTING POLICIES (continued)**
## **Incoming Resources**
Donations represent amounts received during the year.
Grants receivable for specific purposes are credited to the Statement of Financial Activities in the year to which they relate as soon as conditions for receipt have been met.
Grants for immediate financial support, or received against costs previously incurred, are recognised immediately in the Statement of Financial Activities.
## **Resources Expended**
All expenditure is included in the financial statements as soon as it is incurred. The irrecoverable element of Value Added Tax is included with the item of expense to which it relates.
## **Depreciation**
Depreciation is calculated to write off the cost or valuation less estimated residual value of tangible assets over their estimated useful lives at the following rates per annum:
Property 2% of cost (from 1 April 2018) Furniture, fixtures and equipment 25% of cost
## **Taxation**
The Charity’s activities fall within the exemptions afforded by the provision of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these financial statements. The company is not registered for VAT.
|**3**
**DONATIONS**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2024**
**2024**
**£**
**£**
FoSBG membership and donations
13,943
-
FoSBG Other fundraising
77,127
-
________
________
91,070
-
|**Total**
**Funds**
**2024**
**£**
13,943
77,127
________
91,070
|**Total**
**Funds**
**2023**
**£**
19,760
53,065
________
72,825
|
|---|---|---|
Of the income received of £91,070 in 2024 (2023: £72,825) all was unrestricted funds.
- 16 -
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
|**4**
**CHARITABLE ACTIVITIES**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2024**
**2024**
**£**
**£**
**Refuge**
Housing benefit - rent
-
88,475
Self-funded rent and personal charges
-
3,741
Other grants and donations
-
159,076
**Outreach**
National Lottery Community Fund
-
52,149
Other grants and donations
-
47,570
**Children**
Other grants and donations
-
25,000
________
________
376,011
________
________|**Total**
**Funds**
**2024**
**£**
88,475
3,741
159,076
52,149
47,570
25,000
________
376,011
________|**Total**
**Funds**
**2023**
**£**
62,154
3,512
159,712
49,106
47,539
20,000
________
342,023
________|
|---|---|---|
Of the income received of £376,361 in 2024 (2023: £342,023) all was restricted funds.
|**5**
**INVESTMENT INCOME**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2024**
**2024**
**£**
**£**
Interest
7,688
-
|**Total**
**Funds**
**2024**
**£**
7,688
|**Total**
**Funds**
**2023**
**£**
1,092
|
|---|---|---|
Of the income received of £7,688 in 2024 (2023: £1,092) all was unrestricted funds.
|**6**
**RAISING FUNDS**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2024**
**2024**
**£**
**£**
Fundraising expenses
-
6,404
|**Total**
**Funds**
**2024**
**£**
6,404
|**Total**
**Funds**
**2023**
**£**
6,214
|
|---|---|---|
All of the expenditure of £6,404 in 2024 (2023: £6,214) was charged to restricted funds.
- 17 –
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
## **7 CHARITABLE ACTIVITIES**
|Salaries
Employer’s NICs
Employer’s Pension & life
insurance
Staff training (external)
Recruitment
Other staff costs including
clinical supervision
Rent
Telephone
Light and heat
Household expenses and
TV licences
Office expenses and
stationery
Decorating, maintenance
and gardening
Water rates
Motor and travel
Insurance
Activities and outings for
children
Room hire and expenses
for workshops
Legal and HR Support
Depreciation of fixed
assets
Sundry expenses
Marketing costs re website
and promotional materials
Utilities & other support for
residents
**Support costs**
Accountancy and
bookkeeping|**Unrestricted**
**Funds**
**2024**
**£**
**Unrestricted**
**Buildings**
**Reserve**
**2024**
**£**
**Restricted**
**Funds**
**2024**
**£**
**Total**
**Funds**
**2024**
**£**
**Total**
**Funds**
**2023**
**£**
15,671
-
201,164
216,835
207,904
1,744
-
14,556
16,300
16,060
940
-
8,886
9,826
8,721
-
-
2,202
2,202
2,645
-
331
331
543
-
-
4,439
4,439
3,840
-
-
27,721
27,721
21,077
-
-
5,311
5,311
4,286
-
-
11,819
11,819
9,036
-
-
5,398
5,398
3,730
1,836
-
6,110
7,946
7,806
-
-
10,401
10,401
8,301
-
-
1,864
1,864
1,335
-
718
718
847
-
-
5,531
5,531
4,340
-
-
6,646
6,646
6,758
-
-
5,968
5,968
1,998
3,820
-
-
3,820
4,294
-
11,399
8,784
20,183
18,942
342
-
3,660
4,002
4,398
-
-
-
-
2,346
-
-
35,336
35,336
12,896|
|---|---|
||24,353
11,399
366,845
402,597
352,103
10,635
-
-
10,635
9,547|
||34,988
11,399
366,845
413,232
361,650|
Of the expenditure of £413,234 (2023: £361,650) £34,988 (2023: £12,629) was charged to unrestricted funds, £11,399 (2023: £11,399) was charged to unrestricted buildings reserve and £366,847 (2023: £337,622) was charged to restricted funds.
- 18 -
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
|**8**|**NET INCOME FOR THE YEAR**|**Year ended**|**Year ended**|
|---|---|---|---|
|||**31 March**|**31 March**|
|||**2024**|**2023**|
|||**£**|**£**|
||Net income is stated after charging:|||
||Depreciation|20,183|18,942|
||Independent Examiner’s fee|4,200|3,960|
|||________|________|
|**9**|**STAFF COSTS**|**Year ended**|**Year ended**|
|||**31 March**|**31 March**|
|||**2024**|**2023**|
|||**£**|**£**|
||Wages and salaries|216,835|207,904|
||Employer’s National Insurance|16,300|16,060|
||Employer’s Pension & life insurance|9,826|8,721|
|||________|________|
|||242,961|232,685|
|||________|________|
The average number of employees during the year was 8 (2023: 8) all providing charitable services. No employee received emoluments in excess of £60,000.
## **Trustees’ and key management emoluments**
Trustees and the CEO are considered key management. During the year no Trustee has received remuneration, nor reimbursement of travel expenses. The CEO’s emoluments in 2024 were not in excess of £60,000.
- 19 -
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
## **10 FIXED ASSETS**
|**11**
**DEBTORS**
Prepayments & Accrued Income
Other Debtors
**12**
**CREDITORS (amounts due within one year)**
Accruals
Accounts payable
Social security, other taxes and pension
Deferred Income
**Fixtures,**
**fittings and**
**equipment**
**£**
**Cost**
70,722
Additions
5,905
Disposals
-
At 31 March 2024
76,627
**Depreciation**
At 1 April 2023
53,385
Charge for the year
8,785
Disposals
-
As at 31 March 2024
62,170
**Net Book Value**
As at 31 March 2024
14,456
As at 31 March 2023
17,337|**Year ended**
**31 March**
**2024**
**£**
3,407
1,821
________
5,228
________
**Year ended**
**31 March**
**2024**
**£**
8,112
8,553
6,214
-
________
22,879
________
**Property**
**£**
569,927
-
-
569,927
52,677
11,399
-
64,075
505,852
517,250|**Total**
**£**
640,649
5,905
-|
|---|---|---|
|||646,554|
|||106,062
20,183
-|
|||126,245|
|||520,308|
|||534,587|
|||**Year ended**
**31 March**
**2023**
**£**
3,781
10,202
________
13,983
________
**Year ended**
**31 March**
**2023**
**£**
8,613
3,457
7,214
48,942
________
68,226
________|
Deferred income relates to funds received in advance as shown in Note 13 below.
-20 -
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
## **13 ANALYSIS OF MOVEMENT ON FUNDS**
|**2024:**
**Restricted Funds:**
National Lotteries
CF
Other funds:
Refuge
Outreach projects
Children’s
projects
**Unrestricted**
**Funds**
**Buildings and**
**Designated**
**Income Reserve**
Total
**2023:**
**Restricted Funds:**
National Lotteries
CF
Other funds:
Refuge
Outreach projects
Children’s
projects
**Unrestricted**
**Funds**
**Buildings and**
**Designated**
**Income Reserve**
Total|**Balance**
**at**
**beginning**
**or period**
**£**
-
171,708
8,750
-
180,458
183,223
747,250
1,110,931
**Balance**
**at**
**beginning**
**or period**
**£**
-
182,271
-
-
182,271
225,910
654,674
1,062,855|**Received**
**in**
**advance**
**2023**
**b/fwd**
**£**
16,026
13,333
6,250
5,000
40,609
-
-
40,609
**Received**
**in**
**advance**
**2022**
**b/fwd**
**£**
16,437
23,334
7,500
-
47,271
-
-
47,271|**Amounts**
**received**
**2024**
**£**
-
237,959
93,469
20,000
351,428
98,758
50,001
500,187
**Amounts**
**received**
**2023**
**£**
48,695
215,377
46,289
25,000
335,361
73,917
103,975
513,253|**Resources**
**expended**
**or**
**transferred**
**2024**
**£**
(16,026)
(239,780)
(108,469)
(25,000)
(389,275)
(84,989)
(11,399)
(485,663)
**Resources**
**expended**
**or**
**transferred**
**2023**
**£**
(49,106)
(235,941)
(38,789)
(20,000)
(343,836)
(116,604)
(11,399)
(471,839)|**Received**
**in**
**advance**
**2024**
**c/fwd**
**£**
-
-
-
-
-
-
-
-
**Received**
**in**
**advance**
**2023**
**c/fwd**
**£**
(16,026)
(13,333)
(6,250)
(5,000)
(40,609)
-
-
(40,609)|**Balance**
**at end of**
**period**
**£**
-
183,220
-
-|
|---|---|---|---|---|---|---|
|||||||183,220
196,992
785,852|
|||||||1,166,064|
|||||||**Balance**
**at end of**
**period**
**£**
-
171,708
8,750
-|
|||||||180,458
183,223
747,250|
|||||||1,110,931|
- 21 -
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
## **13 ANALYSIS OF MOVEMENT ON FUNDS (Continued)**
The restricted funds of the Charity comprise the following unexpended balances of donations and grants held in trusts to be applied for specific purposes:
**National Lottery Community Fund (Reaching Communities):** Provides activities and events for our Outreach Service, supporting those affected by domestic abuse in our local community.
**Refuge:** This fund comprises various funding sources that support projects based in two refuge buildings in Stroud. They consist of the provision of both housing and support for women and their children. The funding sources for this work are diverse and we support families in crisis with diverse needs. The restricted funds are contingent funds for both housing and support related costs.
**Outreach projects:** These projects provide a range of support services in the community to women affected by domestic abuse in the Stroud District. We provide one-to-one support, group workshops and courses that support the development of skills and knowledge that will help prevent domestic abuse or support those affected by domestic abuse to move on from their experiences and rebuild their lives.
**Children’s projects:** These projects are related to the specific needs of children and young people at the refuge.
**Property:** This fund represents the value of one of our refuge buildings which was purchased from Stroud District Council during the 2017 year, together with improvement works to extend the accommodation and refurbish the property, and funds reserved for further improvements and maintenance, and also for increasing our accommodation provision.
**Transfer between funds:** during the year the charity transferred £50,001 from Unrestricted Income Funds to the Unrestricted Buildings and Designated Income Reserve to be available for improving and increasing our accommodation provision, and towards the continuation of our services.
- 22 -
Docusign Envelope ID: 26A6A292-C60C-499A-ACC2-0B2287D10473
## **STROUD BERESFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 31 March 2024**
## **14 ANALYSIS OF ASSETS BETWEEN FUNDS**
|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2024**
**2024**
**£**
**£**
Fixed assets - Buildings
505,852
-
Fixed assets - Other
-
14,456
Debtors
-
5,228
Cash in hand and at bank
476,992
186,415
Liabilities
-
(22,879)
________
________
982,844
183,220
________
________
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2023**
**2023**
**£**
**£**
Fixed assets - Buildings
517,250
-
Fixed assets - Other
-
17,337
Debtors
-
13,983
Cash in hand and at bank
413,223
217,364
Liabilities
-
(68,226)
________
________
930,473
180,458
|**Total**
**Funds**
**2024**
**£**
505,852
14,456
5,228
663,407
(22,879)
________
1,166,064
________
**Total**
**Funds**
**2023**
**£**
517,250
17,337
13,983
630,587
(68,226)
________
1,110,931
|
|---|---|
## **15 PENSION CONTRIBUTIONS**
Pension costs are charged as incurred.
The Charity is complying with auto enrolment rules for eligible employees.
## **16 CONTROL**
The Charity is controlled by the Board of Trustees/Directors.
## **17 RELATED PARTY DISCLOSURES**
There were no related party transactions during the year.
- 23 -