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← Kairos Women Working Together

2021-03-31-accounts

REGISTERED COMPANY NUMBER: 07254667 (England and Wales) REGISTERED CHARITY NUMBER: 1136695

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

FOR

KAIROS WOMEN WORKING TOGETHER

Walker Thompson Ltd Accountants and Registered Auditors Empress House 43A Binley Road Coventry CV3 1HU

KAIROS WOMEN WORKING TOGETHER

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

Page
Report of the Trustees 1 to 11
Independent Examiner's Report 12
Statement of Financial Activities 13
Balance Sheet 14 to 15
Notes to the Financial Statements 16 to 25
Detailed Statement of Financial Activities 26

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 July 2020 to 31 March 2021. The trustees have adopted the provisions of 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).

Kairos Women Working Together is also known as KairosWWT.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The vision of the charity is for women to live positive lives, free from exploitation.

The purpose of the charity is to increase the life-chances, choices and wellbeing of women in Coventry caught up in prostitution, affected by, or at risk of sexual exploitation.

The mission of the charity is to increase the safety, stability and self-belief of women in Coventry affected by, or at risk of, exploitation through emotional and practical support, advocacy and awareness raising.

The values of the charity are:

1) Accepting and non-judgemental: every woman matters and is worthy of love, care and support, no matter what her past or current circumstances. We know that women at risk of sexual exploitation (particularly those in prostitution) can face significant judgement and st igma and we want all women to feel welcomed and valued.

2) Women-centred: Projects and work are designed around the specific needs of women accessing our services, rather than expecting women to fit into convenient boxes. We understand that women often experience multiple needs at once.

Our Behaviours - what we do to achieve our values

1) Demonstrate integrity, respect and trustworthiness . We will treat all people who come into contact with Kairos (whether service users or other stakeholders) with equal value and respect. We recruit staff, volunteers and trustees who fully embrace our ethos and beliefs and our codes of conduct sets out our expectations of these groups.

2) Advocate and influence - We will use our experience and knowledge of working with women to influence policy and practice locally, regionally and nationally where we can, as well as making sure our service users' voices and needs are heard and understood thro ugh individual-level case work advocacy

3) Commit to long-term, holistic work - we understand the long-term and complex nature of issues facing our service users and do not expect or try to deliver 'quick-fix' solutions. Services will be designed to enable us to help women address multiple issues in their lives, not just focus on one area, because people's lives can't be categorised into boxes. We accept women wholly as they are.

Page 1

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

OBJECTIVES AND ACTIVITIES

Significant activities

Kairos WWT believes in the value and dignity of all women. We provide individual and group support to women caught up in prostitution and those vulnerable to it. We do this by building long-term, women-centric relationships and we will be there for as long is needed, recognizing that the journey to safety, stability and independence is not a linear process. Relationship and trust building are key to engagement, as is a flexible and responsive approach. The women we support often have multiple, 'complex' needs and struggle with the impact of significant trauma. Therefore, our women typically cycle in and out of engagement. We may encounter a woman on street outreach for many weeks or months (even years) before she takes the step to attend drop-in and eventually seek more intensive support.

During the reporting period we provided the following:

The Covid-19 pandemic continued to present numerous challenges to our service users, staff and volunteers, and to the organisation in terms of how we safely delivered services. A key priority for us was to ensure that we continued service provision, in recognition of the fact that the women we support are some of the community's most vulnerable and excluded at the best of times. With Covid-19 crisis funding we were able to purchase smart phones and tablets for service users, which helped us maintain contact and provide some virtual support. This also addressed the issue of digital exclusion and allowed women to access important meetings which were moved to online by other service providers such as social care, health, and housing. We moved our evening drop-in location to a larger space to allow for social distancing and moved our group provision to online.

In the 9 month period of July 1 2020 to March 31 2021:

52% reported a positive change in their motivation and self-reliance

54% reported a positive change in their self-care and living skills

54% reported a positive change in their emotional and mental health

Page 2

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

OBJECTIVES AND ACTIVITIES

Projects delivered were as follows:

Street Outreach and Evening Drop-In

The Outreach and Drop-In service aims to make contact with potential and existing service users on the streets of Coventry, and takes resources directly to women caught up in prostitution, promoting personal safety and helping women to build and sustain a relationship with the charity. We offer a range of key harm reduction initiatives (including condoms, needle exchange and direct access to health professionals). Service users are also encouraged to address violence against women through the local Ugly Mugs scheme, and in making formal reports to the police.

Outcomes:

104 condom packs were given out

151 food packs were given out

Clothes donations were accessed 15 times (this number is lower than usual due to Covid-19)

Feeling Safe (18-24 Years)

Predominantly funded by The National Lottery, this preventative service supports young women aged 18- 24 who are at risk of sexual exploitation. We provide:

Outcomes:

Aspire

Aspire offers a holistic and flexible support service to women at risk of or engaged in street based prostitution and aims to help service users improve their stability, quality of life and life chances. We work with women on a 1:1 basis to develop individual support plans, facilitate access to other support services, provide advocacy where needed and promote self-advocacy and independence.

Outcomes:

Page 3

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

OBJECTIVES AND ACTIVITIES

Criminal Justice and Prison In-Reach Project

We aim to reduce the disruption experienced by women serving custodial sentences and facilitate successful re-settlement on release from prison. We work in partnership with HMP Peterborough where we visit service users once a month and we maintain contact with service users transferred to other prisons. We work with women on a 1:1 basis to develop individual support plans.

Outcomes:

5 women over 17 sessions received resettlement support

5 women over 52 sessions were supported to attend court and engage in court processes

A Home of Her Own (AHOHO)

This service seeks to address the complex needs of women who are at risk of homelessness or who are homeless, as this is so closely linked to the risk of sexual exploitation and 100% of our service users face significant issues around housing. In Coventry, during the reporting period, there was no female only supported housing provision, and whilst efforts were made to ensure all people were housed as part of the "Everyone In" scheme in response to the pandemic, the reality is that vulnerable women were often placed in unsuitable temporary housing which placed them at risk. A Specialist Housing Practitioner was able to work with these women to address housing related issues, provide tenancy advice, advocate for appropriate placements, and support women to maintain tenancies. Support was provided on a 1:1 basis and through a weekly housing drop-in.

Outcomes:

10 women were supported at Housing Drop-in which started in March 2021

18 women were supported under the Crisis pathway, supporting women who are homeless, including rough sleeping or hidden homeless to access emergency accommodation.

31 women were supported under the prevention pathway, supporting women who are at risk of homelessness, through interventions such as challenging illegal eviction notices and supporting with rent arrears.

25 women were supported through the sustainment pathway, supporting women who have moved into their own tenancies, for 12 weeks, including support to set up bills, utilities access white goods and furniture.

Comments from our service users:

"I have never had such a level of support before and I am really appreciative, as previously I have been apprehensive to ask for support. For the first time ever, I am no longer afraid to ask for support as I know my concerns and voice will be acknowledged. I am now more organised, better able to cope without becoming overwhelmed. Kairos has done a wonderful job supporting me. Ultimately, that Kairos has supported me in moving forward."

Page 4

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

OBJECTIVES AND ACTIVITIES

"I love my support worker. She's the only one I can really talk to. She's such a good worker and I'm not just saying that. She goes above and beyond. She really does go all out for me."

"Kairos saved my life. I wouldn't be here today if it weren't for all of you."

Comment from a professional:

"Working alongside the team at Kairos has been so beneficial to women we both support. The staff build up such a close rapport with clients because they are able to work flexibly and outside of the typical appointment style offer. They are patient while clients take time to build up faith and trust in them. They don't judge and I think because they are able to support a woman with a variety of issues at the same time, in the same place, it means the women are able to gradually become more engaged in support. They provide emotional and practical support and are really great advocates."

Page 5

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

OBJECTIVES AND ACTIVITIES

Public Benefit

The Trustees ensure the charity complies with Charity Commission guidance on public benefit.

Service Users

Kairos WWT's main public benefit is for adult women in Coventry at risk of exploitation, including women caught up in prostitution and those aspiring to leave it.

Partnerships

Kairos WWT is part of Coventry Women's Partnership, alongside Foleshill Women's Training, Coventry Rape and Sexual Abuse Centre (CRASAC), Coventry Haven Women's Aid and Coventry Law Centre. This project aims to increase social and economic outcomes for women, helping them to easily access multiple services and move smoothly between agencies. The Women's Budget Group is a research partner for the project and publishes two reports a year on topics relevant to the partnership.

Kairos WWT works alongside Turnaround West Midlands CIC and Embrace Warwickshire, who provide complementary services in the city, including outreach on alternative days/evenings of the week.

Kairos WWT works in partnership with Coventry Haven Women's Aid and with funding from Homeless Link to deliver A Home of Her Own.

Our Blossoms group is delivered in partnership with a Specialist Complex Needs Midwife

Service Users have access to counselling through our partnership with Valley Housing

We have been building positive working relationships with the Coventry Rough Sleepers Team

We contribute to a number of local and regional forums including: Local Sex Worker Forum, Regional Sex Worker Forum, Voluntary Sector Safeguarding Forum, Vulnerable Persons Forum, Rough Sleepers Forum, MARAC, Sexual Abuse and Assault Strategy group, and Hillfields Network

We continue to value strong links with local churches whose premises were used for our services during the reporting year:

The charity is grateful to all members of the community and community groups who support our work both financially and in kind, through donations of food, clothing and toiletries.

Page 6

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

OBJECTIVES AND ACTIVITIES

Volunteers

Kairos WWT could not operate without the dedication and hard work of its volunteers. We are indebted to our volunteers who have enabled Kairos WWT to continue to deliver and develop its services.

Typically, we are fortunate that due to the nature of the work we undertake, interest in becoming a Kairos WWT volunteer ensures a steady flow of interested parties which enables us to fill any vacancies that arise from volunteer turnover. We recruit from all ages and walks of life through local universities, community groups, social media and through Voluntary Action Coventry. Our website and social media have also been assets in the recruitment process.

Volunteer recruitment is ongoing, and all new volunteers are interviewed and provided with an induction programme, on-going support and training. Regular supervision is mandatory and is provided every six months basis. There are formal briefing and debriefings at all sessions. 1:1 supervision is available on request.

Covid-19 inevitably resulted in a number of volunteers no longer being able to give their time and a slowdown of expressions of interest in volunteering. However, during the reporting period 10 different volunteers supported with Outreach and Drop-in, as well as support groups which ran from March 2021.

Training for staff, volunteers and service users is essential to the growth and development of Kairos WWT. At Kairos WWT, we embrace and provide opportunities for continuing professional development. Training undertaken during the reporting period included topics such as Safeguarding, Mental Health First Aid, Food Hygiene/Preparation, Drug Use and Needle Exchange, and Food Bank Voucher Distributor Training. All volunteers undergo a thorough induction programme, including raising awareness around the issues of prostitution and addictions, personal safety, boundaries and Kairos WWT policies and procedures.

ACHIEVEMENT AND PERFORMANCE

The July 1 2020 to March 31 2021 period has been a positive one of consolidation and growth, of building strategic links across Coventry and developing our partnership working. Highlights have included:

FINANCIAL REVIEW

Financial position

Kairos WWT is pleased to report that the Charity has sufficient financial resources and has secured funding to enable it to meet the planned objectives and retain current level of services during the 2021/2022 financial year (now April to March).

Page 7

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

FINANCIAL REVIEW

Principal funding sources

Our thanks to our partners, funders, supporters... and the women who let us walk alongside them.

Partnerships

The Anchor Centre CGL Complex Special Needs Midwife Coventry Integrated Sexual Health Clinic Coventry Haven Women's Aid Coventry Rough Sleepers Team CRASAC HMP Peterborough FWT Turnaround West Midlands CIC Coventry Law Centre Embrace Warwickshire Valley House

Significant Funders

29th May 1961 Charitable Trust Lloyds Bank Foundation Amazon Donation Mogan & Mogan The Brook Trust The Noel Buxton Trust Coventry Church (Municipal) Charities Passionist Grant Fund CRISIS - In this together Rosa's COVID-19 Response Fund The Eveson Charitable Trust Severn Trent Water The Fielf Family Charitable Trust The Smallwood Trust Garfield Weston Foundation The National Lottery Community Fund Gowling WLG Foundation The Rhiannon Trust The Henry Smith Charity The Trust House Charitable Foundation Heart of England Community Foundation The Tudor Trust The Hilden Charitable Trust Vanny Campers Homeless Link West Midlands Police and Crime Commissioner Homeless Link - COVID Homelessness Response Fund

Thanks also to:

All our volunteers and individual supporters who donated to the cause, whether through one-off or regular gifts and/or time. Special thanks to the women who allow us to journey alongside them.

Reserves policy

The charity will aim to keep between three and six months' core running costs in unrestricted reserves at all times. This is to ensure the Charity is able to meet all of its legal obligations should all funding be withdrawn. The unrestricted reserves at 31 March 2021 totalled £100,142 and are sufficient to meet this target unrestricted reserve level.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Kairos WWT was an Unincorporated Association registered with the Charities Commission from September 2002 until September 2010. Kairos WWT was incorporated as a company limited by guarantee (07254667) in England and Wales in May 2010. It was registered as a Charity (1136695) in June 2010.

Page 8

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

Trustees bring a variety of skills and experience including corporate finance, accountancy corporate governance, forensic psychology, human resources and research.

All Trustees give their time voluntarily and receive no private benefit from the charity; neither do the trustees nor parties related to them receive any benefit from any transactions undertaken by the charity.

Induction and training of new Trustees

Kairos WWT is a member of the National Council for Voluntary Organisations (NVCO). All trustees are members of Kairos WWT and receive induction and relevant training.

During and since the period of this report, there has been some turnover of Trustees, due to changes in personal circumstances of some existing trustees and a recruitment drive to bring new talent on board. The current Board are confident that following this transition the Board is now well-resourced and will remain stable for the next few years.

Organisational structure

The Trustees form a Board which includes the following officers: Chair, Secretary, and Treasurer. It meets every two months. The Board has overall responsibility for strategic planning, policy formulation, approval and monitoring of programmes and services, finance, risk management, staff and volunteers, and premises.

The Articles of Association require that the number of Trustees shall not be less than three. At the end of March 2021, there were five Trustees. The Trustees are also Directors of the company.

The CEO works closely with the Trustees, attending bi-monthly Board meetings. The CEO and Chair have regular contact to discuss strategic or pressing issues as well as formal monthly 1:1s. The CEO and Treasurer have contact on a monthly basis to monitor budgets and the overall financial situation.

Kairos WWT staff work with the CEO and Trustees to develop good practice in line with policies. Staff line management and case management meetings take place monthly. Individual clinical supervision is provided monthly/six weekly for staff by independent supervisors. During the reporting period individuals were employed in the following posts:

Decision making

The Chair of Trustees as of 31 March 2021 is Abbee McLatchie.

Page 9

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management

The Board have reviewed major strategic, financial and operational risks throughout the year.

The significant risks that have faced Kairos WWT during the year include:

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07254667 (England and Wales)

Registered Charity number

1136695

Registered office

All Saints Church / St Margaret’s 50 Walsgrave Road Coventry CV2 4EB

Trustees

Ms S Learmonth (resigned 12.10.20) Ms M Dovey (resigned 31.8.20) Ms L Cubbit (resigned 19.7.21) Ms K Garvey Ms F Hale Ms A McLatchie (appointed 19.7.21) Ms R E Richardson-Raine (appointed 6.7.20) (resigned 19.7.21) Ms E Baria Bailey (appointed 19.7.21) Ms B Foster Ms S Mathur (appointed 12.10.20) Dr L K Rackliff (appointed 19.7.21) Ms M J Rothwell-McHugh (appointed 19.7.21)

Company Secretary

Ms B Foster

Page 10

KAIROS WOMEN WORKING TOGETHER

REPORT OF THE TRUSTEES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Christopher John Irvine ACCA Walker Thompson Ltd Accountants and Registered Auditors Empress House 43A Binley Road Coventry CV3 1HU

Bankers

CAF Bank Limited 25 Kings Hill Avenue West Malling Kent ME19 4JQ

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 23 December 2021 and signed on its behalf by:

Ms S Mathur - Trustee

Page 11

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KAIROS WOMEN WORKING TOGETHER

Independent examiner's report to the trustees of Kairos Women Working Together ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the period 1 July 2020 to 31 March 2021.

Responsibilities and basis of report

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

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

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.

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

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. 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

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christopher John Irvine ACCA Walker Thompson Ltd Accountants and Registered Auditors Empress House 43A Binley Road Coventry CV3 1HU

23 December 2021

Page 12

KAIROS WOMEN WORKING TOGETHER

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Grants and donations
28,360
Investment income
3
6
Total
28,366
EXPENDITURE ON
Charitable activities
6,155
NET INCOME/(EXPENDITURE)
22,211
RECONCILIATION OF FUNDS
Total funds brought forward
79,687
TOTAL FUNDS CARRIED FORWARD
101,898		 Restricted
funds
£
290,836
-
290,836
297,949
(7,113)
131,622
124,509		 Period
1.7.20
to
Year Ended
31.3.21
30.6.20
Total
Total
funds
funds
£
£
319,196
352,673
6
77
319,202
352,750
304,104
218,885
15,098
133,865
211,309
77,444
226,407
211,309		 Period
1.7.20
to
Year Ended
31.3.21
30.6.20
Total
Total
funds
funds
£
£
319,196
352,673
6
77
319,202
352,750
304,104
218,885
15,098
133,865
211,309
77,444
226,407
211,309
352,750
218,885
133,865
77,444
211,309

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 13

KAIROS WOMEN WORKING TOGETHER

BALANCE SHEET 31 MARCH 2021

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
-
CURRENT ASSETS
Debtors
9
1,756
Cash at bank and in hand
100,295
102,051
CREDITORS
Amounts falling due within one year
10
(153)
NET CURRENT ASSETS
101,898
TOTAL ASSETS LESS CURRENT LIABILITIES
101,898
NET ASSETS
101,898
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
3,891
-
145,162
145,162
(24,544)
120,618
124,509
124,509		 2021
Total
funds
£
3,891
1,756
245,457
247,213
(24,697)
222,516
226,407
226,407
101,898
124,509
226,407		 2020
Total
funds
£
-
63
218,530
218,593
(7,284)
211,309
211,309
211,309
79,687
131,622
211,309

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 14

continued...

KAIROS WOMEN WORKING TOGETHER

BALANCE SHEET - continued 31 MARCH 2021

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

The financial statements were approved by the Board of Trustees and authorised for issue on 23 December 2021 and were signed on its behalf by:

S Mathur - Trustee

The notes form part of these financial statements

Page 15

KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

1. GENERAL INFORMATION AND BASIS OF PREPARATION

The presentation currency of the financial statements is the Pound Sterling (£)

2. ACCOUNTING POLICIES

Basis of preparing the financial statements - going concern basis

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Donated facilities are included at the value to the charity where this can be quantified, and a third party is bearing the cost. They are included at the cost to the donor as income and within the appropriate expenditure heading.

The charity will account for any grant income on a matching basis against the appropriate cost in the appropriate period. Grants towards capital expenditure are written off to income over the same period over which the asset is depreciated.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - Straight line over 3 years

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.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. 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.

Page 16

continued...

KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months ar less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Debtors

Debtors are recognised at the settlement amount due

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount.

3. INVESTMENT INCOME

INVESTMENT INCOME
Period
1.7.20
to Year Ended
31.3.21 30.6.20
£ £
Deposit account interest 6 77

4.

NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Period
1.7.20
to Year Ended
31.3.21 30.6.20
£ £
Depreciation - owned assets 890 45
Independent examination 780 780

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 31 March 2021 nor for the year ended 30 June 2020.

Trustees' expenses

During the year total expenses of £0 (2020: £679) were reimbursed to the Trustees.

Page 17

continued...

KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

6. STAFF COSTS

The average monthly number of employees during the period was as follows:

7.

CEO
Service Manager
Support Worker
Project Worker
Housing Practitioner
Office and Finance Manager
Staff costs were as follows:		 Period
1.7.20
to
31.3.21
1
3
2
2
1
1
10		 Period
1.7.20
to
31.3.21
1
3
2
2
1
1
10		 Year Ended
30.6.20
1
2
1
2
1
-
7		 Year Ended
30.6.20
1
2
1
2
1
-
7
2021 2020
£ £
Salaries 172,852 145,913
Social security 13,363 10,404
Pension contributions 3,348 2,368
189,563 158,685
No employee received emoluments of more than £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Grants and donations
13,915
Investment income
77
Total
13,992
EXPENDITURE ON
Charitable activities
-
NET INCOME
13,992
RECONCILIATION OF FUNDS
Total funds brought forward
65,695		 Restricted
funds
£
338,758
-
338,758
218,885
119,873
11,749		 Total
funds
£
352,673
77
352,750
218,885
133,865
77,444

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KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
TOTAL FUNDS CARRIED FORWARD
79,687
8.
TANGIBLE FIXED ASSETS
COST
At 1 July 2020
Additions
At 31 March 2021
DEPRECIATION
At 1 July 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 30 June 2020
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments		 Restricted
funds
£
131,622
2021
£
-
1,756
1,756		 Total
funds
£
211,309
Fixtures
and
fittings
£
7,374
4,781
12,155
7,374
890
8,264
3,891
-
2020
£
63
-
63

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KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 11)
Social security and other taxes
Other creditors
Net wages
Pensions
Accruals and deferred income
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts		 2021
£
200
6,137
2,675
336
1,013
14,336
24,697
2021
£
200		 2020
£
-
1,864
-
-
-
5,420
7,284
2020
£
-

11. LOANS

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KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

12. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
National Lottery
Lloyds Bank Foundation
29th May 1961 Charitable Trust
Smallwood Trust
St Martin in the Fields
Tudor Trust
Trusthouse
Garfield Western Foundation
Passionist Grant
Noel Buxton Trust
Eveson Trust
Field Trust
Henry Smith
Homeless Link
Severn Trent - COVID
CRISIS - COVID
Homeless Link - COVID
West Midlands Police Commissioner
The Brook Trust
Mogan & Mogan
Service User Grants
Vanny Campers
Hilden Charitable Fund
TOTAL FUNDS		 At 1.7.20
£
79,687
45,782
-
-
8,679
(200)
8,336
10,000
5,000
5,929
888
2,667
2,422
3,333
8,582
2,000
3,699
24,505
-
-
-
-
-
-
131,622
211,309		 Net
movement
in funds
£
22,211
(17,416)
5,527
897
2,961
200
8,593
1,490
(5,000)
71
(888)
(2,083)
(2,422)
11,089
(7,666)
(848)
(3,699)
(6,644)
(5,000)
15,000
400
(838)
120
(957)
(7,113)
15,098		 At
31.3.21
£
101,898
28,366
5,527
897
11,640
-
16,929
11,490
-
6,000
-
584
-
14,422
916
1,152
-
17,861
(5,000)
15,000
400
(838)
120
(957)
124,509
226,407

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KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
National Lottery
Lloyds Bank Foundation
29th May 1961 Charitable Trust
Smallwood Trust
Heart of England Community Foundation
(Jumping Through Hoops small grant)
Coventry Church Municipal Charity
St Martin in the Fields
Tudor Trust
Trusthouse
Garfield Western Foundation
Passionist Grant
Noel Buxton Trust
Eveson Trust
Field Trust
Henry Smith
Homeless Link
Severn Trent - COVID
CRISIS - COVID
Homeless Link - COVID
ROSA
West Midlands Police Commissioner
National Lottery - COVID response
The Brook Trust
Mogan & Mogan
Service User Grants
Amazon
The Rhiannon Trust
Gowling WLG (UK) Charitable Trust
Vanny Campers
Hilden Charitable Fund
TOTAL FUNDS		 Incoming
resources
£
28,366
47,965
25,000
5,000
20,664
12,000
1,500
200
27,000
2,786
-
-
4,500
-
-
40,000
-
-
-
49,830
4,760
15,000
10,000
15,000
400
5,731
500
500
1,500
1,000
-
290,836
319,202		 Resources
Movement
expended
in funds
£
£
(6,155)
22,211
(65,381)
(17,416)
(19,473)
5,527
(4,103)
897
(17,703)
2,961
(12,000)
-
(1,500)
-
-
200
(18,407)
8,593
(1,296)
1,490
(5,000)
(5,000)
71
71
(5,388)
(888)
(2,083)
(2,083)
(2,422)
(2,422)
(28,911)
11,089
(7,666)
(7,666)
(848)
(848)
(3,699)
(3,699)
(56,474)
(6,644)
(4,760)
-
(20,000)
(5,000)
(10,000)
-
-
15,000
-
400
(6,569)
(838)
(500)
-
(500)
-
(1,500)
-
(880)
120
(957)
(957)
(297,949)
(7,113)
(304,104)
15,098

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KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
National Lottery
Smallwood Trust
Heart of England Foundation - Tampon
Tax Community Fund
MIND Side by Side Fund
Coventry Church Municipal Charity
Coventry General Charity
St Martin in the Fields
Tudor Trust
Trusthouse
Garfield Western Foundation
Passionist Grant
Noel Buxton Trust
Eveson Trust
Field Trust
Henry Smith
Homeless Link
Severn Trent - COVID
CRISIS - COVID
Homeless Link - COVID
TOTAL FUNDS		 At 1.7.19
£
65,695
-
1,329
1,825
1,745
1,500
5,000
350
-
-
-
-
-
-
-
-
-
-
-
-
11,749
77,444		 Net
movement
in funds
£
13,992
45,782
7,350
(1,825)
(1,745)
(1,500)
(5,000)
(550)
8,336
10,000
5,000
5,929
888
2,667
2,422
3,333
8,582
2,000
3,699
24,505
119,873
133,865		 At
30.6.20
£
79,687
45,782
8,679
-
-
-
-
(200)
8,336
10,000
5,000
5,929
888
2,667
2,422
3,333
8,582
2,000
3,699
24,505
131,622
211,309

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KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
National Lottery
Lloyds Bank Foundation
29th May 1961 Charitable Trust
Smallwood Trust
Heart of England Community Foundation
(Jumping Through Hoops small grant)
Heart of England Foundation - Tampon
Tax Community Fund
MIND Side by Side Fund
Coventry Church Municipal Charity
Coventry General Charity
St Martin in the Fields
Tudor Trust
Trusthouse
Garfield Western Foundation
Passionist Grant
Noel Buxton Trust
Eveson Trust
Field Trust
Henry Smith
Homeless Link
Severn Trent - COVID
CRISIS - COVID
Homeless Link - COVID
Austin Hope & Pilkington
Groundworks
Hilcote Trust
Schroeder Trust
Sir Jules Thorn Trust
TOTAL FUNDS		 Incoming
resources
£
13,992
95,560
25,000
5,000
27,000
2,000
-
2,000
-
-
117
25,000
20,000
21,500
6,000
3,000
5,000
5,000
20,000
10,000
2,000
5,000
49,831
1,000
500
5,000
2,500
750
338,758
352,750		 Resources
Movement
expended
in funds
£
£
-
13,992
(49,778)
45,782
(25,000)
-
(5,000)
-
(19,650)
7,350
(2,000)
-
(1,825)
(1,825)
(3,745)
(1,745)
(1,500)
(1,500)
(5,000)
(5,000)
(667)
(550)
(16,664)
8,336
(10,000)
10,000
(16,500)
5,000
(71)
5,929
(2,112)
888
(2,333)
2,667
(2,578)
2,422
(16,667)
3,333
(1,418)
8,582
-
2,000
(1,301)
3,699
(25,326)
24,505
(1,000)
-
(500)
-
(5,000)
-
(2,500)
-
(750)
-
(218,885)
119,873
(218,885)
133,865		 Resources
Movement
expended
in funds
£
£
-
13,992
(49,778)
45,782
(25,000)
-
(5,000)
-
(19,650)
7,350
(2,000)
-
(1,825)
(1,825)
(3,745)
(1,745)
(1,500)
(1,500)
(5,000)
(5,000)
(667)
(550)
(16,664)
8,336
(10,000)
10,000
(16,500)
5,000
(71)
5,929
(2,112)
888
(2,333)
2,667
(2,578)
2,422
(16,667)
3,333
(1,418)
8,582
-
2,000
(1,301)
3,699
(25,326)
24,505
(1,000)
-
(500)
-
(5,000)
-
(2,500)
-
(750)
-
(218,885)
119,873
(218,885)
133,865
119,873
133,865

Restricted Funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

The above restricted funds have been donated for the following specific purposes:

29th May 1961 Charitable Trust Feeling Safe Project
Amazon A Home of Her Own project
The Brook Trust Outreach and Drop-In
Coventry Church (Municipal) Charities Outreach and Drop-In

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KAIROS WOMEN WORKING TOGETHER

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

12. MOVEMENT IN FUNDS - continued

Gowling WLG Charitable Trust Outreach and Drop-In Heart of England Community Foundation Feeling Safe Project Henry Smith Charity Organisational Running Costs Homeless Link A Home of Her Own project Homeless Link - COVID-19 Homelessness Response Fund Lloyds Bank Foundation Mogan & Mogan The National Lottery Community Fund Feeling Safe Project The National Lottery Community Fund The Noel Buxton Trust The Rhiannon Trust Outreach and Drop-In ROSA's COVID-19 Response Fund Core Costs The Smallwood Trust The Tudor Trust Management Salaries The Tudor Trust Staff Wellbeing Grant For Kairos Staff Wellbeing The Trusthouse Charitable Foundation Support for Core Costs Vanny Campers West Midlands Police and Crime Commissioner Outreach and Drop-in Baron Davenport Charity Grants for Service Users Glasspool Charity Trust Grants for Service Users St Martins in the Fields Grants for Service Users Newfield Trust Grants for Service Users WE Dunn Charitable Trust Grants for Service Users

Outreach and Drop-In Feeling Safe Project Organisational Running Costs A Home of Her Own project

Support Services during COVID Criminal Justice and Prison In-Reach and 1-2-1 Support Support to Outreach and Drop In Feeling Safe Project Support Services during Coronavirus Criminal Justice and Prison In-reach Outreach and Drop-In Core Costs Coventry Women's Partnership project Management Salaries For Kairos Staff Wellbeing Support for Core Costs Support Services during Coronavirus

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 31 March 2021.

14. ULTIMATE CONTROLLING PARTY

There is no controlling party.

Page 25

KAIROS WOMEN WORKING TOGETHER

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 JULY 2020 TO 31 MARCH 2021

Period
1.7.20
to Year En ded
31.3.21 30.6.20
£ £
INCOME AND ENDOWMENTS
Grants and donations
Grants 319,196 352,673
Investment income
Deposit account interest 6 77
Total incoming resources 319,202 352,750
EXPENDITURE
Support costs
Staff salaries and NI 189,563 158,685
Insurance 46 1,687
Telephone and internet 2,476 4,315
Postage and stationery 1,194 1,102
Printing 277 629
Travel and subsistence 2,997 6,256
Sessional costs 52,893 22,218
Recruitment 699 2,216
Training 4,498 2,402
IT maintenance 2,143 1,131
External supervision 1,875 1,802
Rent and room hire 11,099 10,648
Professional fees 18,771 2,202
Governance 780 1,190
Fundraising - 2,625
Evaluation 12,513 -
Admin Costs 1,390 (268)
Depreciation 890 45
304,104 218,885
Total resources expended 304,104 218,885
Net income 15,098 133,865

This page does not form part of the statutory financial statements

Page 26