``` REGISTERED COMPANY NUMBER: 07155976 (England and Wales) REGISTERED CHARITY NUMBER: 1135026 ``` ``` Financial Statements for the Year Ended 31 March 2023 ``` ``` for ``` ``` Women Acting in Today's Society ``` ``` (W.A.I.T.S) ``` ``` Godfrey Mansell & Co Hales Court Stourbridge Road Halesowen West Midlands B63 3TT ``` ``` Women Acting in Today's Society ``` ``` (W.A.I.T.S) ``` ## **`Contents of the Financial Statements for the Year Ended 31 March 2023`** |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`10`| |**`Independent Examiner's Report`**||`11`|| |**`Statement of Financial Activities`**||`12`|| |**`Balance Sheet`**||`13`|| |**`Notes to the Financial Statements`**|`14`|`to`|`21`| |**`Detailed Statement of Financial Activities`**|`22`|`to`|`23`| ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with thefinancialstatementsofthecharityfortheyearended31March2023.Thetrusteeshaveadoptedtheprovisions of AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective 1 January 2015). ``` ``` Page 1 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` TheobjectoftheCharity,asstatedintheMemorandumofAssociation,istheeducationandtrainingofwomento fulfil their roles in society. ``` ``` WAITS'TrusteesmonitortheCharity'sactivitiestodemonstratethattheCharity'saimscontinuetobe,andare carried out, for the public benefit. They have had due regard to guidance published by the Charity Commission on public benefit. ``` ``` This has been translated into W.A.I.T.S overall Business Strategy 2018-2023 ``` ## **`Vision`** ``` A society where women are safe, valued and fulfilled. ``` ## **`Mission`** ``` Empowering women to make positive choices in their own lives. ``` ## **`Strategic Objectives and Goals`** ``` Todeliverourmissionandworktowardsourvisionwehavesetoutsomestrategicpriorities,eachofwhichis supported byasetofgoals.Thestrategicprioritiesarewhatisimportanttousandthegoalsareourexpectationsastowhat we will deliver and/or achieve. ``` |**`Strategic Objectives`**|**`Goals`**| |---|---| |`1. Deliver excellence for our clients`|`i. To empower women through access to W.A.I.T.S'`| ||`Domestic Abuse Service.`| ||`ii. To empower women through access to W.A.I.T.S'`| ||`Community Integration Project.`| |`2. Deliver supported and refuge accommodation`|`i. To provide safe accommodation for women and`| ||`children who are fleeing domestic abuse.`| |`3. Have a highly skilled workforce and achieve`|`i. To achieve re-accreditation of the "PQASSO" quality mark`| |`excellence in our governance`|`ii. - To achieve the "Investors in People" accreditation.`| ||`- To undertake a self-assessment of our governance`| ||`against our adopted Charity Governance Code (NCVO)`| ||`iii. To raise the profile of W.A.I.T.S`| |`4. Have an excellent Information Technology`|`i. To develop and deliver strategy/action plan to ensure that`| ||`our ITC and digital function supports the business in`| |`Communication and Digital (ITC&D) function`|`achieving`| |`and business support services`|`excellence`| |`5. Be financially strong and deliver value for money`|`i. To deliver the funding and income generation strategy`| ||`ii. To deliver the objectives in this business strategy over the`| ||`three-year period, whilst retaining financial robustness`| ||`iii. To deliver the value for money approach over the life of`| ||`the business strategy`| |`6. Be environmentally sustainable`|`i. To develop and deliver Environmental Sustainability`| ||`strategy/action plan. In preparation for this we aim to:`| ||`- make best possible use of available resources`| ||`- conserve energy`| ||`ii. Contribute towards reduction of the 'carbon footprint``| |**`AIMS`**|| ``` The aims are achieved through the following objectives: ``` - `Providing one to one support, advocacy, and befriending` - `Co-ordination of support services for women and BAME women with complex needs` ``` -Deliveringtrainingworkshopstodeveloptheskills,confidence,knowledgeandunderstandingofwomenand BAME women. ``` - `Having a skilled volunteer program to support the charities objectives` - `Provide counselling` - `Developing working relationships with policy makers` - `Organising and participating in conferences and meetings that raise the profile and the understanding of DA issues` ``` Page 2 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ``` - Provision of Refuge accommodation ``` ``` WAITSisresponsivetotheneedsofwomenexperiencingdomesticabuse;byprovidingadvocacy, support, accommodation and training, specialising in supporting BAME, Chinese women and women offenders. ``` ## **`The Role and Contribution of Volunteers`** ``` VolunteerscontinuetoplayavitalroleinenablingWAITStomeetourobjectives.Volunteersprovidedessential support to enable WAITS to deliver services: ``` - `WAITS Counselling services is provided by fully trained Counsellors and counselling placements.` ``` - Befriending volunteers recruited to provide to support WAITS projects. ``` - `In WAITS head office volunteers provided support in administration, marketing & communication, social media and` - `befriending.` - `Friends of WAITS who supports W.A.I.T.S through Fundraising events and activities` ## **`Trustees`** ``` WAITSTrusteeshavespecificskillstodeliverW.A.I.T.Sstrategyandtomeetourobjectives.Trusteeshaveanarray of skills for example Legal, Health & Social Care, Housing, Offending, Community Development and Business ``` ``` WAITScontinuetomaintainitsfocusonthedevelopmentofgroupsandindividualsthroughsocialactiontobring about socialchangebytacklingissuesofsocialexclusion,domesticabuse,singleparenthood,offendingandatrisk of offending; supporting women in participating in local decision making and in all aspects of public life. ``` ## **`WAITS achieve its aims through the following projects:`** ``` -WomenSupportandDevelopment-providingDomesticAbusesupportadvocacy,support,befriending, personal developmentandcounsellingtowomenexperiencingdomesticabuse,signpostingtolegalsupportandtoagenciesin the public sector. We are grateful for the support of: MOJ/WMPCC and Birmingham City Council. ``` ``` -CommunityIntegrationproject-providingadvocacy,floatingsupport,employmentsupportandcounselling to womenoffendersandthoseatriskofoffendingorsufferingdomesticabuse.Wearegratefultothesupportof the following funders that have enabled WAITS to deliver this work: The Community Fund. ``` ``` -Refuge-providingasafespaceforwomenfleeingdomesticabuse,wherewomencanre-coup,developskills and confidence,receivesupport,befriending,personaldevelopmentandcounsellingtobuildanewfuture.Wearegrateful to the Birmingham City Council for supporting this work. ``` ``` -VolunteeringandInfluencingproject-Providingweeklyworkshops,donationcollectionsanddistribution, food parcels,recruitmentandtrainingofvolunteers.OrganisingWAITSconsultationsandwomen`sinclusionin decision makingforums.WearegratefulforthesupportofTheOakFoundation,People`sHealthTrust,MOJ/WMPCC and Harborne Parish Lands to deliver this project. ``` ## **`Partnership Working`** ``` -WAITShasworkedinpartnershipwiththeWestMidland'sPoliceandCrimeCommissiontohostan International Women's Day event. ``` ``` -WAITSpartneredwithBirminghamCityUniversitytoholdaCriminalJusticeforDomesticAbuseConferencewith key stakeholders. ``` ``` - WAITS is proud to be a member of the NWD network of Third sector organisations ``` - `WAITS is a member of the Homelessness forum` ``` - WAITS is a member of the Living Well Consortia- providing Mental Health network of charities and organisations ``` ## **`Strategic Forums`** ``` -West Midlands Police Domestic Abuse IAG (Independent Advisory Group) ``` ``` -West Midlands Police Scrutiny Panel ``` - `-Women's Resource Centre Advisory Group` ``` -Birmingham's Violence Against Women Strategy Group ``` ``` -Birmingham's Domestic Abuse Strategy Group ``` ``` -Member of Birmingham BSAB Birmingham Safeguarding Adults Board ``` - `-Member Birmingham Commonwealth Association` ``` Page 3 ``` ``` Women Acting in Today's Society ``` ``` (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ## **`OBJECTIVES AND ACTIVITIES`** ## **`Volunteers`** ``` Without the support of committed volunteers, WAITS would struggle to provide a holistic program of support to women. WAITSTrusteesvolunteerplayavitalroleingoverningthecharityandensuringthatWAITSbusinessandaction plans are fulfilled. ``` ``` Professionals volunteer their time delivering workshops, legal and housing surgeries. ``` ``` Befrienders provide a listening ear and help break isolation when a client moves to a new area. ``` ``` Ambassadors and the Friends of WAITS host regular fundraising events, walks and challenges to raise vital core funds. ``` ``` Page 4 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ## **`ACHIEVEMENT AND PERFORMANCE Charitable activities Domestic Abuse Team`** ``` Two full time IDVA ``` ``` Supported 60 Women fleeing Domestic Abuse and homeless to: ``` - `Access accommodation, via council, social housing, shared accommodation` - `Access to legal support and injunctions` - `Access mental health Support` - `Support in accessing support services for them and their children` - `Access Counselling` ## **`Provided one off telephone and email enquires 382`** ## **`WAITS Refuges Iona house- confidential accommodation 9 bed spaces`** ``` One full time manager, one full time refuge worker and one part time refuge worker. ``` ``` Support provided to residents: ``` - `Access legal support and injunctions` - `Access accommodation, via council, social housing, shared accommodation` - `Counselling` - `Access mental health Support` - `Workshops` - `Befriending` - `Access to college` - `Access to Work placements` ## **`Supported 33 women,`** ``` Received 96 referrals ``` ## **`Community Integration Project (CIP)`** ``` One part time staff during this period. ``` ``` Supporting 47 women offenders and those at risk of offending or Suffering domestic abuse to: ``` - `Access accommodation, via council, social housing, shared accommodation and WAITS refuge` - `Access to legal support and injunctions` - `Access mental health Support` - `Access Drugs and Alcohol support` - `Support in accessing support services for them and their children` - `Access Counselling` - `Access accommodation, via council, social housing, shared accommodation, and WAITS` ## **`Referrals received 70 referrals`** ## **`Volunteering and Influencing Project`** ``` AllVolunteershavereceivedtrainingonline,learningaboutWAITS,Safeguardingandthedetailsoftheir respective Volunteering role. Our befriending service offers a model of healthy relationships to reduce social isolation. ``` ``` -Provided 80 hours of counselling ``` - `-300 hours of befriending support` ## **`Workshops and drop-in sessions for clients`** ``` ProvidingaholisticservicetowomenexperiencingdomesticabuseisatthecoreofWAITSwork,tocomplement our advocacy support to clients the following workshops were delivered: ``` ``` During this reporting period a total of 74 workshops were held and 455 women supported. ``` ``` Page 5 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ``` - self-esteem and confidence ``` - `fitness workshops` ``` - housing workshops ``` ``` - employability workshops ``` ``` - financial workshop ``` ``` - peer group, ``` ``` - mental health/wellbeing workshops ``` ``` - nutrition workshops ``` ``` - beauty and self-care ``` ``` - holistic/Therapeutical workshops ``` ``` - health workshop ``` ``` - community workshops ``` ``` - legal workshop ``` ``` - education ``` - `volunteering workshops` ``` Inadditiontopracticalworkshops,ourclientshaveattendedworkshopstoincreasetheirknowledgeofpublicpolicy and servicesavailabletoDAvictims.ThisculminatedinaconferenceinJanuarytoinfluencepositivechangeinpolicies that arerelatedtodomesticviolence.WedevelopedtheConferencewiththesupportofBirminghamCityUniversitywhere we discussed how the justice system works and how it affects gender-based violence. ``` ``` Wealsoparticipatedinaforum,hostedbytheWomenResourceCentre,onhowthecost-livingcrisis affects organisations working with women and how this affects the women who are supported by these organisations. ``` ## **`FINANCIAL REVIEW Financial position`** |**`FINANCIAL REVIEW`**
**`Financial position`**||||| |---|---|---|---|---| ||`B/Fwd 01.04.23`|`Income 2023`|`Expenditure`
`2023`|`Balance`
`31.03.23`| |`Unrestricted/general funds`|`£45,936`|`£153,192`|`(£84,743)`|`£114,385`| |`Restricted funds`|`£262,448`|`£223,334`|`(£327,707)`|`£158,075`| ``` Theabovetablesummariesthemovementintheyearoftheunrestrictedandrestrictedfunds.TheTrusteesand staff haveworkedhardtogenerateunrestrictedfundstohelpfacilitatethedaytodayrunningofthecompany.This has increasedunrestrictedreservesinthecurrentyear.Therestrictedfundshaveadeficitfortheyearbecause large amountsofrestrictedfundsreceivedintheyearto31stMarch2022werespentinthecurrentyearduetothe conditions and timing of the spending. All restricted expenditure is in line with the funding criteria of the grants received. ``` ``` TheTrusteeshaveagreedacomprehensivefive-yearfundraisingstrategyandfiveyearBusinessPlanwhichtakes into accountWAITSneedtoraiseunrestrictedcorefundstoenableWAITStocoverdaytodayrunningcostswhichare not met by current funding. ``` ``` ReservePolicyLevels:TheTrusteeshavereviewedthereservesofthecharityandthenatureoftheanticipated income andexpenditure.AccounthasbeentakenoftheneedtosecurethecontinuousoperationofWAITSgiventhe uncertain future of funding streams and the fact that much of WAITS' current funding is for restricted purposes and time limited. ``` ``` TheTrusteeshavedecidedthattosafeguardWAITS,reservesshouldbeatleastequivalentto3months unrestricted core running costs. General reserves at 31 March 2023 stood at £114,385 which is above this target. ``` ## **`FUTURE PLANS`** ``` Theaimsandobjectivescontinuetoberelevantand,atpresent,therearenoplanstochangethese.Futureactivities will involve the following: ``` ``` - The Domestic Abuse Service - supporting women who have experienced/are currently experiencing domestic abuse. -TheCommunityIntegrationProject(CIP)-supportingwomenwhohaveoffendedinthepastorwhoareat risk of offending/re-offending in the future. ``` - **`Women's Refuge`** `- supporting women who are fleeing from, or who are facing homelessness due to domestic` - `violence` - **`Volunteering`** `- WAITS volunteering program to include accessing volunteers to support the running of the Charity.` - `Supporting Clients through befriending as well as supporting clients with work placements.` ``` WAITShasintheprocessofrefreshingtheBusinessStrategyforthenext3years,involvingservicesthatcanbe traded to the public sector and the infrastructure to manage tenders and commissions from voluntary and public sectors. ``` ``` Page 6 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by guarantee, as defined by the Companies Act 2006. ``` ``` The charity is governed by a Memorandum of Association dated 10th February 2012. ``` ## **`Recruitment and appointment of new trustees`** ``` Trustees are appointed as necessary by the continuing Trustees. ``` ## **`Organisational structure`** ``` Trustees meet quarterly. A Chief Executive Officer is appointed to manage the day-to-day operations of the charity. WAITS employ staff to achieve its aims and currently employs 9 staff members: ``` ``` Chief Executive Officer ``` ``` Program Manager Refuge Part time Finance Officer ``` ``` One full time Senior Domestic Abuse Worker One full time Domestic Abuse Worker One full time Refuge Worker One full time Resettlement worker (women Offenders) One full time Volunteer and Influencing Coordinator One full time Personal Assistant ``` ## **`Induction and training of new trustees`** ``` NewTrusteesareintroducedtothestaffteamaspartoftheirinductionandareinvitedtoattendtwoAwayDays held eachyearforplanningandreviewpurposes.Theyreceivetrainingandinformationontheirresponsibilitiesas Trustees and other organisational documentation e.g. operational and strategic plans and financial reports. ``` ``` Page 7 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Risk management`** ``` AreviewofthepotentialriskstakesplaceonceayearatoneoftheStaffandTrusteesAwayDays.Thisenables Trustees toensurethatpoliciesandproceduresareinplacetominimiseanyimpact.Theidentifiedrisksandresponsesare as follows. ``` |**`RISK`**|**`RISK`**|**`MANAGEMENT`**|**`ACTION`**| |---|---|---|---| |`WAITS fails to achieve objectives`||`Ensure monitoring of business &`|`CEO and Trustees`| |`and targets outlined in business plan`||`operational plan at Business Planning`|| |||`Sub-Group meetings and Trustee Board`|| |||`meetings`|| |||`Gather information for evaluation and`|`CEO, Operations`| |||`monitoring of WAITS services through`|`Co-ordinator and Staff`| |||`WAITS outcomes and activities database`|| |||`Carry out monthly staff supervisions to`|`CEO, Operations`| |||`ensure staff targets are on schedule and`|| |||`monitor`|`Co-ordinator`| |||`staff development programme`|| ||||`Operations`| |||`Ensure regular communication of issues`|`Co-ordinator`| |||`or challenges at weekly staff meetings`|| |`Inadequate revenue funding in the`||`Fundraising strategy in place - monitored`|`CEO and Trustees`| |`short, medium and long term`||`at Trustee Board meetings`|| |||`Reserves Policy in place and monitored`|`CEO and Trustees`| |||`Fundraiser in place`|`CEO and Trustees`| |`Inadequate funding for the groups we`||`Fundraising strategy in place developing`|| |`are working with`||`partnerships and commissioning`|`CEO and Trustees`| |||`opportunities with public sector`|| |||`Income Generation Strategy in place. Monitored`|`CEO and Trustees`| |||`by Trustees`|| |`High staff turnover`||`Ensure ongoing communication with staff and`|`CEO and Operations`| |||`management`|`Co-ordinator`| ||||`Operations`| |||`Document supervisions and team meetings`|`Co-ordinator`| |||`Secure funding in place`|`CEO and Trustees`| ||||`Operations`| |`WAITS workers unable to meet`||`Staff development programme`|`Co-ordinator`| |`delivery of operational plan due`|||| |`to limited capacity`||`Ensure regular progress checks with staff`|`CEO and Operations`| ||||`Co-ordinator`| ||||`Operations`| |||`Document supervisions and team meetings`|`Co-ordinator`| |||`Agree corrective action referring to the`|`CEO and Operations`| |||`operational plan including possibility of`|`Co-ordinator`| |||`existing or new resources taking on some`|| |||`of the work`|| ``` Page 8 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ||`Consider additional contingencies to deliver`|| |---|---|---| ||`outputs at Board meeting`|`CEO and Trustees`| ||`Ensure monitoring of outputs and outcomes and`|`CEO and Trustees`| ||`outcomes in operational plan at Business`|| ||`Planning sub-group meetings.`|| ||`Additional monitoring of Business Planning`|`CEO and Trustees`| ||`Sub-Group carried out at Board Meetings`|| |`WAITS unable to adequately monitor`|`Ensure quality standards met`|| |`and evaluate need, outputs, outcomes`|`PQASSO level 1 in place`|`CEO and Trustees`| |`and impact of world territorialism by`||| |`other stakeholders, agencies and`||| |`referral partners.`||| |`Lack of co-operation from other`|`Ensure good networks and communication`|`CEO and Trustees`| |`stakeholders, agencies and referral`|`systems with stakeholders, agencies and`|| |`partners`|`referral partners`|| ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`** ``` 07155976 (England and Wales) ``` ## **`Registered Charity number`** ``` 1135026 ``` ## **`Registered office`** ``` 3rd Floor Colmore Circus Colmore Circus Queensway Birmingham B4 6AR ``` ## **`Trustees`** ``` Mrs K Bailey Mrs S Bateman (Treasurer) Mrs M L Cadogan Mrs D LaBassiere (Chair) Mrs E M Braham Mrs B K Gill (resigned 13.9.22) Mrs H Salter Mrs T L Swani (Vice Chair) ``` ## **`Company Secretary`** ``` Mrs M Lewinson ``` ## **`Independent Examiner`** ``` Godfrey Mansell & Co Hales Court Stourbridge Road Halesowen West Midlands B63 3TT ``` ## **`Bankers`** ``` Co-operative Bank 118-120 Colmore Row Birmingham B3 3BA ``` ``` Page 9 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Report of the Trustees for the Year Ended 31 March 2023`** ``` Approved by order of the board of trustees on 14 December 2023 and signed on its behalf by: ``` ``` Mrs D LaBassiere - Trustee ``` ``` Page 10 ``` ``` Independent Examiner's Report to the Trustees of Women Acting in Today's Society ``` ## **`(W.A.I.T.S)`** ## **`Independent examiner's report to the trustees of Women Acting in Today's Society (W.A.I.T.S) ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsas carried outunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.Ican confirm thatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstituteofCharteredAccountants in England and Wales, which is one of the listed bodies. ``` ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Mr G I Cook ``` ``` Godfrey Mansell & Co Hales Court Stourbridge Road Halesowen West Midlands B63 3TT ``` ``` 14 December 2023 ``` ``` Page 11 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Statement of Financial Activities for the Year Ended 31 March 2023`** |**`Unrestricted`**
**`Restricted`**
**`fund`**
**`fund`**
**`Notes`**
**`£`**
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`83,747`
`223,334`
**`Charitable activities`**
`Charitable activities`
`60,879`
`-`
`Other trading activities`
`2`
`8,058`
`-`
`Investment income`
`3`
`508`
`-`
**`Total`**
`153,192`
`223,334`
**`EXPENDITURE ON`**
`Raising funds`
`6,980`
`3,011`
**`Charitable activities`**
`Charitable activities`
`77,763`
`324,696`
**`Total`**
`84,743`
`327,707`
**`NET INCOME/(EXPENDITURE)`**
`68,449`
`(104,373)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`45,936`
`262,448`
**`TOTAL FUNDS CARRIED FORWARD`**
`114,385`
`158,075`|**`2023`**
**`Total`**
**`funds`**
**`£`**
`307,081`
`60,879`
`8,058`
`508`
`376,526`
`9,991`
`402,459`
`412,450`
`(35,924)`
`308,384`
`272,460`|**`2022`**
**`Total`**
**`funds`**
**`£`**
`288,340`
`77,349`
`5,622`
`1,299`| |---|---|---| |||`372,610`| |||`27,008`
`305,053`| |||`332,061`| |||`40,549`
`267,835`| |||`308,384`| ``` The notes form part of these financial statements ``` ``` Page 12 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Balance Sheet 31 March 2023`** |**`Unrestricted`**
**`Restricted`**
**`fund`**
**`fund`**
**`Notes`**
**`£`**
**`£`**
**`FIXED ASSETS`**
`Tangible assets`
`9`
`(4,664)`
`10,000`
**`CURRENT ASSETS`**
`Debtors`
`10`
`65,878`
`86,977`
`Cash at bank and in hand`
`88,388`
`61,098`
`154,266`
`148,075`
**`CREDITORS`**
`Amounts falling due within one year`
`11`
`(35,217)`
`-`
**`NET CURRENT ASSETS`**
`119,049`
`148,075`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`114,385`
`158,075`
**`NET ASSETS`**
`114,385`
`158,075`
**`FUNDS`**
`12`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
`5,336`
`152,855`
`149,486`
`302,341`
`(35,217)`
`267,124`
`272,460`
`272,460`
`114,385`
`158,075`
`272,460`|**`2022`**
**`Total`**
**`funds`**
**`£`**
`10,937`
`71,122`
`252,852`
`323,974`
`(26,527)`
`297,447`
`308,384`
`308,384`
`45,936`
`262,448`
`308,384`| |---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year ended 31 March 2023. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon14December2023 and were signed on its behalf by: ``` ``` D LaBassiere - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 13 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Notes to the Financial Statements for the Year Ended 31 March 2023`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful life. ``` ``` Fixtures and fittings- 25% on cost Computer equipment- 25% on cost ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ``` ## **`Limited by guarantee`** ``` The liability of members in the case of winding up is limited to £10 per member. ``` ## **`2. OTHER TRADING ACTIVITIES`** ||**`2023`**|**`2022`**| |---|---|---| ||**`£`**|**`£`**| |`Fundraising events`|`8,058`|`5,622`| ``` continued... ``` ``` Page 14 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`3. INVESTMENT INCOME`** |**`INVESTMENT INCOME`**||| |---|---|---| ||**`2023`**|**`2022`**| ||**`£`**|**`£`**| |`Deposit account interest`|`508`|`1,299`| |**`NET INCOME/(EXPENDITURE)`**||| |`Net income/(expenditure) is stated after charging/(crediting):`||| ||**`2023`**|**`2022`**| ||**`£`**|**`£`**| |`Auditors' remuneration`|`-`|`3,600`| |`Depreciation - owned assets`|`5,601`|`5,859`| ## **`4. NET INCOME/(EXPENDITURE)`** ## **`5. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023norfortheyear ended 31 March 2022. ``` ## **`Trustees' expenses`** ``` There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. ``` ## **`6. STAFF COSTS`** |**`STAFF COSTS`**||||| |---|---|---|---|---| |`Wages and salaries`
`Social security costs`
`Other pension costs`
`The average monthly number of employees during the year was as follows:`
`Staff`
`No employees received emoluments in excess of £60,000.`
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
**`Unrestricted`**
**`fund`**
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`16,943`
**`Charitable activities`**
`Charitable activities`
`77,349`
`Other trading activities`
`5,622`
`Investment income`
`1,299`
**`Total`**
`101,213`
**`EXPENDITURE ON`**
`Raising funds`
`8,130`||**`2023`**
**`£`**
`187,876`
`10,811`
`4,516`
`203,203`
**`2023`**
`9`
**`Restricted`**
**`fund`**
**`£`**
`271,397`
`-`
`-`
`-`
`271,397`
`18,878`||**`2022`**
**`£`**
`161,018`
`9,880`
`4,270`
`175,168`
**`2022`**
`7`
**`Total`**
**`funds`**
**`£`**
`288,340`
`77,349`
`5,622`
`1,299`
`372,610`
`27,008`| |||||| |||||| ## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** ``` continued... ``` ``` Page 15 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2023`** |**`7.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
**`Unrestricted`**
**`Restricted`**
**`fund`**
**`fund`**
**`£`**
**`£`**
**`Charitable activities`**
`Charitable activities`
`120,370`
`184,683`
**`Total`**
`128,500`
`203,561`
**`NET INCOME/(EXPENDITURE)`**
`(27,287)`
`67,836`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`73,223`
`194,612`
**`TOTAL FUNDS CARRIED FORWARD`**
`45,936`
`262,448`|**`Total`**
**`funds`**
**`£`**
`305,053`| |---|---| ||`332,061`| ||`40,549`
`267,835`| ||`308,384`| ``` continued... ``` ``` Page 16 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`8. DONATIONS`** |**`Unrestricted`**
**`Restricted`**
**`Total Funds`**|**`Unrestricted`**
**`Restricted`**
**`Total Funds`**|**`Unrestricted`**
**`Restricted`**
**`Total Funds`**|**`Unrestricted`**
**`Restricted`**
**`Total Funds`**| |---|---|---|---| ||**`Funds`**|**`Funds`**|**`2023`**| |**`Donations`**|||| |`General donations`|`18,747`|`-`|`18,747`| ||||| |**`Grants`**|||| |`Lloyds Bank Foundation`|`25,000`|`-`|`25,000`| |`Albert Hunt Foundation`|`-`|`7,000`|`7,000`| |`Peoples Health`|`-`|`12,925`|`12,925`| |`Oak Foundation`|`-`|`65,231`|`65,231`| |`CAF`|`-`|`39,677`|`39,677`| |`Birmingham City Council`|`-`|`63,999`|`63,999`| |`Police/MOJ`|`-`|`30,502`|`30,502`| |`Harborne Parish Lands`|`-`|`4,000`|`4,000`| ||`43,747`|`223,334`|`267,081`| ||||| |**`Unrestricted`**
**`Restricted`**
**`Total Funds`**|||| ||**`Funds`**|**`Funds`**|**`2022`**| |**`Donations`**|||| |`General donations`|`16,943`|`-`|`16,943`| ||||| |**`Grants`**|||| |`Lloyds Bank Foundation`|`-`|`33,000`|`33,000`| |`Big Lottery`|`-`|`41,890`|`41,890`| |`Oak Foundation`|`-`|`43,489`|`43,489`| |`Postcode Lottery`|`-`|`19,988`|`19,988`| |`CAF`|`-`|`99,056`|`99,056`| |`Trusthouse`|`-`|`12,000`|`12,000`| |`Heart of England/Wesleyan`|`-`|`10,000`|`10,000`| |`Awards for All`|`-`|`9,974`|`9,974`| |`Grimmitt Trust`|`-`|`2,000`|`2,000`| ||`16,943`|`271,397`|`288,340`| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ``` continued... ``` ``` Page 17 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ``` ## **`8. DONATIONS - continued`** ## **`9. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 April 2022 and 31 March 2023`
**`DEPRECIATION`**
`At 1 April 2022`
`Charge for year`
`At 31 March 2023`
**`NET BOOK VALUE`**
`At 31 March 2023`
`At 31 March 2022`
**`10.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`Net wages control`
`Other creditors`
**`12.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**|**`Fixtures`**
**`and`**
**`Computer`**
**`fittings`**
**`equipment`**
**`£`**
**`£`**
`37,719`
`20,589`
`37,265`
`10,106`
`454`
`5,147`
`37,719`
`15,253`
`-`
`5,336`
`454`
`10,483`
**`2023`**
**`£`**
`20,741`
`132,114`
`152,855`
**`2023`**
**`£`**
`4,669`
`4,867`
`(583)`
`26,264`
`35,217`
**`Net`**
**`movement`**
**`At 1.4.22`**
**`in funds`**
**`£`**
**`£`**
`45,936`
`68,449`
`262,448`
`(104,373)`
`308,384`
`(35,924)`||**`Totals`**
**`£`**
`58,308`| |---|---|---|---| ||||`47,371`
`5,601`| ||||`52,972`| ||||`5,336`| ||||`10,937`| ||||**`2022`**
**`£`**
`-`
`71,122`| ||||`71,122`| |||**`2022`**
**`£`**
`11,040`
`4,891`
`-`
`10,596`
`26,527`
**`At`**
**`31.3.23`**
**`£`**
`114,385`
`158,075`|**`2022`**
**`£`**
`11,040`
`4,891`
`-`
`10,596`| ||||`26,527`| |||`272,460`|| ``` continued... ``` ``` Page 18 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`12. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---| |**`resources`**|**`expended`**|**`in funds`**| |**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**||| |`General fund`
`153,192`|`(84,743)`|`68,449`| |**`Restricted funds`**||| |`Restricted`
`223,334`|`(327,707)`|`(104,373)`| |**`TOTAL FUNDS`**
`376,526`|`(412,450)`|`(35,924)`| |**`Comparatives for movement in funds`**||| ||**`Net`**|| ||**`movement`**|**`At`**| |**`At 1.4.21`**|**`in funds`**|**`31.3.22`**| |**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**||| |`General fund`
`73,223`|`(27,287)`|`45,936`| |**`Restricted funds`**||| |`Restricted`
`194,612`|`67,836`|`262,448`| |**`TOTAL FUNDS`**
`267,835`|`40,549`|`308,384`| |`Comparative net movement in funds, included in the above are as follows:`||| |**`Incoming`**|**`Resources`**|**`Movement`**| |**`resources`**|**`expended`**|**`in funds`**| |**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**||| |`General fund`
`101,213`|`(128,500)`|`(27,287)`| |**`Restricted funds`**||| |`Restricted`
`271,397`|`(203,561)`|`67,836`| |**`TOTAL FUNDS`**
`372,610`|`(332,061)`|`40,549`| ``` continued... ``` ``` Page 19 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`12. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**|**`Net`**
**`movement`**
**`At 1.4.21`**
**`in funds`**
**`£`**
**`£`**
`73,223`
`41,162`
`194,612`
`(36,537)`
`267,835`
`4,625`|**`At`**
**`31.3.23`**
**`£`**
`114,385`
`158,075`| |---|---|---| |||`272,460`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are as follows: ``` ||**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---|---| ||**`resources`**|**`expended`**|**`in funds`**| ||**`£`**|**`£`**|**`£`**| |**`Unrestricted funds`**|||| |`General fund`|`254,405`|`(213,243)`|`41,162`| |**`Restricted funds`**|||| |`Restricted`|`494,731`|`(531,268)`|`(36,537)`| |**`TOTAL FUNDS`**|`749,136`|`(744,511)`|`4,625`| |`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`|`Details regarding the above movements in relation to 2023 are as shown below:`| |---|---|---|---|---|---|---|---|---| |`Balance at`
`01.04.22`|||`Balance at`
`Income`
`Expenditure`
`Transfer`
`31.03.23`|||||| |||`£`|`£`||`£`
`£`||`£`|| |**`General Fund:`**||`45,936`|`113,192`||`(84,743`
`)`
`-`||`74,385`|| |||||||||| |||||||||| |**`Restricted Funds:`**||||||||| |`Henry Smith`||`1,470`|`-`||`(1,470)`
`-`||`-`|| |`Big Lottery`||`49,909`|`-`||`(49,516)`
`-`||`393`|| |`MHCLG`||`4,155`|`-`||`(1,980)`
`-`||`2,175`|| |`Lloyds`||`12,148`|`-`||`(12,148)`
`-`||`-`|| |`Oak Foundation`||`38,537`|`65,231`||`(55,042)`
`-`||`48,726`|| |`Trusthouse`||`29,369`|`-`||`(9,981)`
`-`||`19,388`|| |`Postcode Lottery`||`13,283`|`-`||`(5,307)`
`-`||`7,976`|| |`CAF Resilience Fund`||`99,056`|`39,677`|`(133,882)`
`-`|||`4,851`|| |`Birmingham City Council`||`-`|`63,999`|`(19,770)`
`-`|||`44,229`|| |`Police/MOJ`||`-`|`30,502`|`(13,440)`
`-`|||`17,062`|| |`Peoples Health`||`-`|`12,925`|||`(8,883)`
`-`||`4,042`| |`Albert Hunt Fund`||`-`|`7,000`|||`(7,000)`
`-`||`-`| |`Harborne Parish Lands`||`-`|`4,000`|||`-`
`-`||`4,000`| |`Other restricted funds`||`14,521`|`-`|||`(9,288`
`)`
`-`||`5,233`| ||`262,448`||`223,334`|`(327,707`
`)`
`-`
`158,075`||||| |||||||||| |**`Total`**
**`308,384`**
**`336,526`**
**`(412,450)`**
**`-`**
**`232,460`**||||||||| ``` continued... ``` ``` Page 20 ``` ``` Women Acting in Today's Society (W.A.I.T.S) ``` ## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2023`** ## **`13. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 March 2023. ``` ``` Page 21 ``` ``` Women Acting in Today's Society ``` ``` (W.A.I.T.S) ``` ## **`Detailed Statement of Financial Activities for the Year Ended 31 March 2023`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Grants`
**`Other trading activities`**
`Fundraising events`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Sundry income from charitable activities`
`Rent and contribution for women`s refuge`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`Legal and professional`
**`Other trading activities`**
`Purchases`
`Event costs`
**`Charitable activities`**
`Wages`
`Social security`
`Pensions`
`Rates and water`
`Insurance`
`Light and heat`
`Telephone`
`Sundries`
`Rent`
`Repairs`
`Travel and subsistence`
`Legal and professional`
`Office costs`
`Training`
`Fixtures and fittings`
`Computer equipment`|**`2023`**
**`£`**
`18,749`
`288,332`
`307,081`
`8,058`
`508`
`3,170`
`57,709`
`60,879`
`376,526`
`5,350`
`-`
`4,641`
`4,641`
`187,876`
`10,811`
`4,516`
`6,574`
`1,430`
`6,753`
`9,507`
`8,104`
`39,677`
`6,113`
`3,062`
`81,135`
`22,186`
`9,114`
`454`
`5,147`
`402,459`|**`2022`**
**`£`**
`16,941`
`271,399`| |---|---|---| |||`288,340`
`5,622`
`1,299`
`2,690`
`74,659`| |||`77,349`| |||`372,610`
`13,750`
`117`
`13,141`| |||`13,258`
`161,018`
`9,880`
`4,270`
`8,659`
`1,335`
`14,021`
`9,004`
`1,214`
`51,099`
`5,796`
`2,407`
`13,533`
`11,487`
`1,871`
`712`
`5,147`| |||`301,453`| ## **`Support costs`** ``` This page does not form part of the statutory financial statements ``` ``` Page 22 ``` ``` Women Acting in Today's Society ``` ``` (W.A.I.T.S) ``` ## **`Detailed Statement of Financial Activities for the Year Ended 31 March 2023`** |**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 March 2023`**|||| |---|---|---|---| ||**`2023`**||**`2022`**| ||**`£`**||**`£`**| |**`Support costs`**|||| |**`Governance costs`**|||| |`Auditors' remuneration`||`-`|`3,600`| |`Total resources expended`|`412,450`||`332,061`| |**`Net (expenditure)/income`**|`(35,924)`||`40,549`| ``` This page does not form part of the statutory financial statements ``` ``` Page 23 ```