My Sister's Place and its Subsidiary Company Report and Flnancial Statements for the Year Ended 31 March 2024 "Charity Cornm15sloners Cop Charlty No. 1137319 ANDERSON BARROWCLIFF LIMITED Chartered Accountants
M Sisterfs ce an Company information Report of the Trustees 2-12 IndependentAudltorfs Report 13-15 Statement of financlal activities 16 Consolldated Balance sheet 17 Parent Balance Sheet 18 Statement of Cashflows 19 Notes to the accounts 20-31
Subsldla formatlo Trustees Rebecca Samuels Helen Mather Jennifer Shield Ema Thomhill Amanda senior Anna Rawling Melanie Butler Llndsey Hazle Rachel Smrth Chair- reslgned 8 November 20 Chalr- appointed 17January 2024 Treasurer Member- resigned 12July 2023 Member Member- reslgned 8 November 2023 Member- appointed 1 Aprll 2023 Member- appointed 1 April 2023 Member- appointed 20 November 2024 Chlelofflcer Lesley Storey Company Number 07233811 Charlty Number 1137319 Reglstered Office 121-123 Borough Road Middlesbrough TS13AN Bankers vI1n Money 7 Linthorpe Road Middlesbrough TS11RF Audltor5 Anderson Barrowcllff Limited 3 Klngfisher Court 8owesfield Park Stockton on Tees T518 3EX Page 1
r Ended 31 The Trustees present thelr report together with financial statements of the charty for the year ended 31 March 2024. The annual report serves the purpose of both a Trustees, Report and Directorg Report under Company Law. The Trustees have adopted the provislons of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charltleg, (FRS 102) in preparlng the annual report and financial statements of the charity. The financial statements have been prepared In accordance wlth the accounting policles set out in the notes to the accounts and comply with the charitys governlng document, the Charities Act 2011 and Accounting and Reportlng by Charities: Statement of Recommended Practlce applicable to charities preparlng their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republlc of Ireland published in Ottober 2019. The Trustees are Dlrector5 of the company for the purposes of the Cornpanies Act 2006. The Trustees who have served during the year and slnce the year end are shown on page 1. OBJECTIVESAND AcfiviTIES INCLUDING PUBLIC BENEFITsfATEMENT The charitys objects as set out In Its Articles of Assoclation are: To promote for the publlc benefit and wlth a vlew to public protection and the preservation of order, the provlsion of seNices directed towards the preventlon of domestlc violence. The support of women and children who have suffered or are In danger of suyerlng disathantage, exploitation andlor vlolence frorn perpetrators known to them. To advance the educatlon of voluntary and statutory agencles and the public in all aspects of domestic vlolence agalnst women by known men, Its causes, remedles and provis10n. My Slsterfs Place are a speclallst trauma Informed Vlolence Against Women and Glrls (VAWG) servlce with over 22 years of experience based In Middlesbrough. Commitment to excellence in all areas of our servlces 15 underplnned by nationally recognlsed accreditations from the British Assoclation for Counselling and Psychotherapy IBACP}, Women's Aid, Safe Llves and RESPEcf. We are one of the few VAWG servlces In the UK who are BACP Accredlted and were early adopters of trauma Informed practice. We provlde holistic, therapeutic, prattlcal support to virtims through their journey out of abuse and support survivors to make life-changlng decislons around personal safety, housing, finances, crlmlnal and civil ju5tlce, flghting to keep children. immigratlon justice and threats of deportation. We also give mental health support for the psychological recovery from the Impacts of Interpersonal trauma and abuse, Our servlces are acce55ible to diverse communltles wlth unique demographics and localFy defined needs. We have an In.depth understanding of the Issue5, challenges and health inequalltles affectlng families we work with. Our servlces meet the needs of survlvors who have some of the highest levels of risk povety, and Tnultiple dlsatfvantages nationally. The area In which we work ha5 high levels of violent crime/sexual exploitation and communitie5who are marginallsed and may nottradltlonally present to mainstream 5erwices e.g.. LGBT+, Black and Mlnoritlsed Communities, Gypsy. Roma and Traveller (GRT) communEtles, survivors with complex needs, individuals with drug and alcohol dependency, poor mental health and learnlnglphysical d15abilities. In addition, we support those who have experlenced Female Genital Mutilation. domestlc slavery and trafficking. Our expert teams of adult and children's therapists. Independent Domestlc Wiolence Advocates IIDVAS), Young Peoples Dome5tlc Violence Advocates (CYP-IDVAs} and Economic Abuse Support Worker5 (EASW5}, offer Individual targeted support seNices to adults and children aged 4yrs and over with multiple and complex needs. Workingfrom a trauma Informed perspective, we asse55 and manage all levels of risk, identify support needs, safeguard, generate options I choices through specialist provision, advocate to ensure justlce for vlrtims/sunAvors and work proactively within multi-agency land5cape5 to improve su1Vor< safety and keep their volce5 at the centre of our work. Page 2
Com uste OBJECTIVESANDACTIVITIES INCLUDING PUBLIC BENEFrrsrATEMENT-contlnu¢d OurAlm To encourage, enable and empower. we believe that glven the right resources everyone ha5 the capacityto thrive Our Vlslon To create safer communities where everyone can live free from domestlc abuse and sexual violence Our Misslon To provide high qualty, innovative, endto end servlces, which enable Individuals and families to movefrom survlvlng to thriving. Our Value5 My Slsters Place stands for a place of safety, hope and change. A place of SAFETY for those seeklng escape from domestic abuse The rlght level of practical help and emotional 5UPPOrt to aid recovery and build HOPE The possibmity of a Ilfe CHANGE towards a betterfuture Volunteers My Slsteffs Place is supported by 5 volunteers who provlde a range of services, including co-facilitation of the Freedom Group and Steppln8 Stones peer support group, reception and administration duties, fundraising, and soclal medla campaigns. In additlon, 207 volunteers have been tralned as ASK Me Ambassadors, attendin8 awareness tralnlng sesslons In the communlty to spread knowledge of domestlc abuse and provide people wlth a source of asslstance. On average, volunteers dedlcate 8-10 hours of their time each week, whlch Is Invaluable to My Slsters Place and allows paid employees to focus on hlgh-rlsk cllents. HowourActivitles Dellv•r Publlc Benefft Our main attivities and who we try to help are detailed below. Our charitsble activities focus on supportlng those whohave experienced domesticviolenceand are undertaken tofurtherourcharitable purposeforthe publlc benefft. In setting our objectives and planning our activities the trustees have considered the Charlty Commission guidance on public benefit. ACHIEVEMENT5AND PERFORMANCE Demand for our services contlnues to remain hlgh. In 2023-2024 we received 5,206 requests for 5UPPOrt. We envisage that demand wlll continue to rise. and our challenge is to ensure that we are appropriately resourced to provide high quality seNlces to all those who need them. We have started to put Into practice our 3-year strateglc plan. This document sets out our strategic intentlons and arnbitions over the next three years to ensure that our organisatlon 15 Successful, viable and delivers results. The context in which we operate remaln5,' challenging budget cuts, cost of living crisis. welfare reform and the commissioning of non-5pecialist service5 and taking In-House seNlces remain a real threat to our organisation. In addition, the uncertainty of Brexit and the absence of a long-term health, social and economic recovery plan from the coronavlrus pandemic wlll create further unknown challenges which we must be prepared to face. Page 3
Year End ACHIEVEMENTS AND PERFORMANCE- contlnued In the development of thls strategy two themes came through strongly from all stakeholders. Firstly, My Sisters Place (MSP) needs to be ableto provlde supportto those women and their children who trust no other setvices and need to dirertty access our drop-in. Secondly, we need to Increase our 5UPPOrt to those victims of economic abuse who are increasingly falling through gaps. MSP has pivoted resources to addressing economic abuse over the last twoyears. We have had significant success in deliveringtrauma informed welfare rlghts services and we have been successful in obtaining funding from The Lottery to expand thls service fvrther over the next three years. Gendered povety is a significant Issue in Cleveland and we have some of the hlghest rates of child povety In the country with many of our clients belng In dire need. Before we can address the issues of trauma caused by abuse we often need to ensure food. fuel and basic essential items such a5 tolletries are provlded. The need to focus on early intervention and prevention Is also an i55ue and the tenslon beeen the IMIO demands Is currently out of balance and we need to re-focus. We recognise that In order to prevent domestlc abuse we must focus on holding perpetrators to account and support evldenced based InteentIonS which change perpetrator behavlour and improve safetyforvictims. My Sisters Place has the skills and expertlse to dellver perpetrators interventions through our Respect accredited Route 2 project However, the landscape Is complex and we have paused and are undertakinga stskeholder analysls of what our place Is In this dynamic landscape. Overthe course of thls plan, we wlll begSn a newjourney as we develop seNices for male victlms and LGBfi virtims of abuse. We want to ensure that we can offer high quality gender responsive provlslon and therefore we are committed to continulng to develop our male victim servlce5 in a collaborative and co-produced way. Our vision Is that this servlce wlll be standalone under the MSP structure. As a testament to the excellent work carried out by our IDVA team we were successful in achieving the Safe Llves Leading Llghts accreditatlon for another 3 years. this along with the recently renewed Women's Aid accredltation outlines the fantastic work that the team are achlevlng. Addresslng Economlc Abu$•.' Our Economic Abuse Team Is having a signiflcant impact on mltlgatlng the Impact of economic abuse. During 2023124the team worked wlth 177 client5 SUPPOrted them to: Make benefit claim5 and appeal declsions. Find accommodation, app5y for funding for removal costs, household Items, clothing, income boost5, rent arrears, bonds. Apply to Chance for Children (Buttle grants) for Item5 to help chlldren recover. Appty for reduced water rates savlng familles money. Look for volunteering opportunities and tralnlng courses. Budget advice and managemenL Open bank accounts. Make referrals to Payplan through a dedlcated portal who work with vulnerable cllents to help clear debts and refer to Survlving Economic Abuse to wrrte off debts accrued by perpetrators. Apply to FurbdlTfor reconditioned Ipads and phones to keep people dlgitslly connected. Issued prepald Vodaphone 51M cards. Page 4
an ACHIEVEMENTS AND PERFORMANCE- contlnued During 2023 - 2024 we were successful in generating additlonal funding to be directed towards families in need seetable below, Fundlng recelved from Srnallwood Trust Open Philanthropy Benefit backdates Grants (VRF. Buttle, FurbdlT) Ongoing yearly entitlements awarded Reductlon In water rates annually Amount £26,712 £15.592 £21,532 £13.984 £89,344 £4,680 Safeguardlng Our Safeguardlng Leads contlnue to add capaclty to our Management Team and work towards strengthening our training policies, procedures, and staff supervislon. Thls dedicated In-house safeguardlng speciallsm allows MSP staff to ensure chlldren and adults connected to our organisation are Safeguarded and appropriatety supported. We havea dedlcated Safeguarding email address which also 5UPPOrts professlonals to reach out regarding concerns about cllents In a tlmely and dlrect manner. In the past year we have responded to 2417 email enquiries received to the safeguardlng Inbox, whlch would otherwise have been sent to Reception, 5ervlce Manager or the IDVA team. Tralnlng and Consultancy Northern Tralnlng Consortlum In February 2024 we collaborated wlth other VAWG servlces to develop the Northern training consortlurn (NTC). Thls is a collaboratlve tralnlng enterprlse by northern women's sector organisations IDAS (Independent Domestic Abuse Servlces), My Sisteffs Place, The Pankhurst Trust, Wearside Women in Need. Leeds Women's Ald, and Halo Project. We succe55fully tendered to deliver a large Natlonal training programme funded by the Minlstry of Justlce. MSP created a package of trauma-lnformed tralnlngfor ISVA5 {Independent Sexual ViolenceAdviserslwhich is now belng rolled out. We have provided four flnal Social Work student placements over the past year, enabling the next generation of Social Workers to adopt a vlttim-focused vlew of domestlc abuse a5 they enter prartice. We have received outstanding feedback regarding our student placements. and our staff team have benefitted from the additional support students can offer. Followlng this success, we have been comm5ssioned by Teesslde Universlty to provide domestic abuse teachlng on their Social Work BA course. We also have Therapy Placements students embedded Into our delivery model for trauma counselling enabling u5 to deliver Increased sesslons and have a comparatlvely shortwaiting time. TRAINING L•J Page S
Com he Yèar ACHIEVEMENTS AND PERFORMANCE- contlnued As part of our ongoing commitment to improving link5 btheen partner agenaes, our Safeguarding Leads have completed bespoke tralnlng In domestic abuse and trauma-informed prartice with many organlsatlons across Mlddlesbrough and continue to roll this out across the community. Services reached include.. NHS - School Nursings Health Visitors, Perlnatal Mental Health Police- Vulnerability Unit (PVP) and frontilne officer5-delivered trauma informed pollcing Children's Social Care Adult Social Care Recovery Connectlons (Opiate SeNice) Hart Gables (LGBTQ+ Service) Chlldren and Young People - Preventlng Abuse Our Chlldren and Young Person's seNice is sultable for young people aged 13 - 24 years who are experiencing domestlc abuse in their own Interpersonal relatlonship. We offer 1-1 support to enable young people to make Informed cholces around thelr relationship,. to increase safetyfrom domestlc abuse and workthrough thelr feelings to Identlfy the impatt the abuse Is having on their Ilves. The dlrect work is cllent led, an approach that allows young people to explore the relation5hlp btheen power and control abuse and toxic relationshlps, developlng their understandlng of healthy and unhealthy relationshlps, As5i5tance is given for youn8 people to help recognlse slgns of domestic abuse and unhealthy relatlonships and to allow them to develop an awarene55 of how to respond to domestlc abuse. The (CYPI project reached 1531 children and young people wlthln Mlddlesbrou8h. Actlvltles included 1-1 suppor¢ workshopswhich challenged gendered assumptlons and explored equallty, consent and healthyrelatlonshipswithin primary, secondary school and college. As part of our 3-year strategywe aim to develop our Children and Young Persons serwice. MSP Counselllng and Therapeutlc Servlcos - Annual Report- 2023 to 2024 My Slsters Place Counsélling and Th•rap•utic Servlces contlnued to del(ver effective therapy to survivors accessing the servlce supported by conslstent, robust, and evidenced therapeutlc outcomes throughout 2023 to 2024. Servlce and Dellvery In the adult counselling service 185 survivors completed a course of therapy wlth 73% seeing slgnificant Improvements in their physlcal and p5ychologlcal health and well-belng with 86% of survivors who were experlenclng Suicidal or self-harming thoughts seelng a redurtlon in risk as a result of accesslng therapeutlc support. The servlce continued to meet the need5 of marglnalized groups with 4% of cllents from the LGBTQ+ community and 10% of cllent5 from Black and minoritised communitles access the service and 4 male survlvors accessed therapy. WaltlngTlmes The service worked hard to keep waltlng tlmes low to ensure acce55 to therapy was available'at the point of most need, and achleved an average waltlng tlme from receipt of ieferral to therapy stsrt of onFy 52 days. Sesslons Dellvered Survivors attended 2027 sessions and on average attended 75% of sesslons booked. The service received 603 referrals and completed 246 therapeutic assessments. prior to therapy commencing, to ensure the therapeutic needs of Survivors were front and centre and thattherapywas tallored and individualised to those needs. Page 6
effs Place ch20 ACHIEVEMENTS AND PERFORMANCE- contlnued Brlef Interventlons Project The projett provides practltloners. within our main support seNice, access to immedlate brief interventions for clients they are supporting. Brief short-term interverbtion5 are provided to help stabilise and contain at the point of most need for clients experiencing high levels of anxiety and trauma. The Bl Projert provided support to an additional 134 clients and delivered a further 146 sessions. Qualltyand Standards BACP Accredltation Renewal Successful The seNice continues to meet BACP Service quallty and practlce standards and following our renewal submls5ion and a slte vlsitfrorn the BACP assessors, accreditation was successfully renewed for another 5 years. Followingthe assessment assessors offered the following feedback.. 'Thankyoufor submitting un excellentARRf5) appllcation.. all criterla hove been met ond accredltotlon ht7s been renewed fvr ofvrtherflveyears, Yourresponses to all the crlteria arefull, exponslve and the referencingls well orgonlsed. You have glven o plethoro of evidence for each criterion. Thls has enabled (7 Stralghtforward ossessment of your servic¢ and the assessor commendsyour submission for its qualty and comprehension. Thonkyou for the givlng ofyour time andfvll eng(7gernent during the vislt It would seem oll st¢7ff are working hord to malntt71n a hlgh stondard of ethict71 and prolessional service, Our discusslon highlighted some areos of celebration within the SeiCe, from both managers and prartitioners e.g. dients beingfront ond centre of any decisions,. the responsiveness of the servlce to offtr targeted support to clients, the new Brief Interventlon servic¢ suNlvlng then thrlvlng through covid,. ond the amozlng waiting list of48 daysl An incredlble achievement indeed." Tlme Tralnlng TIME Tralnlng to delivered to IDVA services wlthln Cambrldgeshlre and bespoke modules locally with a further 75 prartltloner5 trained In trauma informed practice ME TIME Chlldren and Youn8 Peoples Therapy Servlc• ME TIME Therapy Servlce continued to bulld on effectlve referral pathways by providing access to trauma informed therapy to the most vulnerable children and young people involved withln the safeguarding arena. The servlce contlnued to recognlse and support the holistic needs of the family by provlding a range of short-, medium- and longer-term interventions for children and young people 4-18yr5 In addition to pathways for parents to acce55 therapeuticsupportto build their own resources and furthersupport their children's whilsttheyaccessthe ME TIME seICe. The service recelved 86 referrals and delivered 490 dlrect one-to-one and group sessions to chlldren and young people aged &18yrs. In addition, 170 therapeutlc assessments were completed priorto therapy commencing to ensure the needs of children and young peoplewere understood and theirvoices heard. 9 parents were supported through our ME TIME Parent pathway or received trauma spectfic support vla our Healing Together One to One for Parents providing therapy while their chlldren were accesslng ME TIME and the ME nME Service extended It5 provislonto parents offerlnglt HealingTogetherOneto Onefor parents with 6 parents accessingthi5traumaspecific work wlth the service offering a further 80 sessions of parent work, Route 2 This service is currently not operatlng due to funding streams closing. However. we are optimistic about the future. We will continue to explore commlssloning pathway5 in order to expand the seTvices we offer to a wider catchment area and seek to ensure that RoLrte2 can return to providlng the quality seNice that is highlighted in its reputatlon. Page 7
Co eYÈa ACHIEVEMENTS AND PERFORMANCE- contlnued IRIS Middlesbrough We have had 63 referrals to IRIS this year and we are seeing a rise In risk levels and complexity of cases. Work has been conducted to develop a robust business case whlch has been presented to the Integrated Care Board, funding appllcatlons have also gone into Legal and General. quality and Dlversity At MSP Equality means,. to treat everyone atwork In a fair manner according to their indivldual needs and Dlversty means,. to value Indlvldual differences In the workplace. We want everyone to be able to come to work, feelingthelr best, feelingsupported and feellng equal and we will continue to review howwe embed this wlthln MSP byrecording and monitoring equality and dlversity data and by asking and listenlng to our stsff on how we can Improve. Staff tralnlng on Equality and Diversity Isveryimportantto us and therefore training is mandatoryfor all staff to complete upon Indurtion to MSP and we continuously look for additional training. We are working with other specialists such as Dlsablllty Right's UK to enhance our skills In the fields of neuro diverslty and disablllty. We are a Trans positlve organlsatlon warmly welcomlng TranslNon-Blnary Survivors. Over the last few year5, we have strengthened our understandlng and community nemorklng through HART Gable5 a local LGBT specialist servlce. Our ASLMR Ambassadors and volunteer5 projert has enabled us to have deep conversations about what gaps exlst in local provlsion and what we need to do with communitles to ensure no vittim Is left behlnd. Povety and financial abuse came out as the leadlng issue of concern. As a result of this work, we are also establishing a young person's peer supportgroup to ensure the volces of CYP are heard. We are workins toward5 seeding a men's survlvors supportgroup andsupportingseveral small groupswho are self-organislngfrom our Black and Minoritised Community. Partngrshlp and Community No single agency can tackle VAWG alone and successful partnerships are keyto tackllngthe problem, At MSP we are actively engaged In developing partnerships and firmly embedded In the local community and are a trusted hyper local service. Approx. 80% of our staff and volunteers are local people who have a lived experience of abuse In some form. We are a part of the community, and we are from the community, therefore our knowledge and sklll base of local need has deep authentlc roots. Our staff also work from local GP surgerles, community hubs, and schoo15 further extending our reach. We are strategically and operationalty inVoed in MARAC IThe Multi-Agency Risk Assessment Conference) an Informatlon sharing and attion planning meetlng for vlttlms of domestlc abuse who are at rlsk of serious harm or death. MSP share chairing MARAC with the Pollce. In the last six months we have safeguarded 239 MARAC cases. We attend Multi-AgencyTasklng and Coordination 'MATAC', meetings led by Cleveland Pollce, along with key partners. which asses5e5 and plans a bespoke set of interventions to target and dlsrupt serial perpetrator5 andlor support them to address their behaviour. In the last Six months we have prepared for and attended MATACS for 42 perpetrators. Multl-agency public protectlon arrangements IMAPPA'S) are in place to ensure the successful management of violent and sexual offenders. We prepare for and attend around 5 case5 per month. In the last week we attended 10 Chlld Safeguardlng Conferences. Page 8
erfsP Subs fTh 20 ACHIEVEMENTS AND PERFORMANCE- contlnued Funding Strategy MSP have diversified ourfunding base deliveringon behalf of the Local Authority, The Office of the Police and Crime Commlssloner {OPPC), Public Health and a range of grant funders including the Big Lottery and Lloyds Bank Foundatlon. We have secured slx year5 funding through Smallwood Trust as a grant partner offerlng direct grants to women to meet thelr Immediate needs and dirertly address barriers to leaving. As we move forward with our new strateglc approach OLrtlined In our IX£aLPkD our intentlon is to Increase our independence and move away from a rellance on OPCC and LA funding streams - (currently 50% of our Income) by generating unrestricted income. We Intend to Increase income through our consultancy and training offer which Is developing and expanding. This yearwe began deliverlng Statutory Domestlc Homlclde Revlews for Local Authoritles. This Is a market with slgrsificant demand and is undersupplied. We are undertaking an intemal cost savingexercise and reviewing external provider contracts to reduce overheads. Fundralslng actlvlty: Fundraising has been extremely challenging thls year and the comblned issues of recovery from the pandemlc and cost of living crisis have reduced our opportunltles to deliver community events. The charlty does not carry out signlficant fundraislng activltie5. All fundraising attivitles were monltored Internally as part of staff supervislon and scrutlnlsed ty our Business & Finance Dlrector In line wlth finance policies and procedures. No complalnts were recelved wlth regards to fundralslng activitles carried out in thls perlod. Impact Measurement: The Impactof domesticviolence iswlde ranglns toaddressthisvarled need Mysisterfs Place prloriti5e5 3 main outcome areas that are relevant to all age groups and are tracked using our Oasi5: On Track Case Management system:. Safety - Uslng a nationally recognised multi-agency risk assessment and management system to assess, manage and reduce the risk of further harm to women and children. Soclal Justlce - My Sisterfs Place provides advocacy In a range of setting5 Includlng crlmlnal and civil justlce, money advice, houslng and Immigratlon. The impact ofthis is tracked through support plans via on track. Health and Wellbelng - We recognlse the negative Impact on both physical and mental health and our counselllng servlce addresses the immediate emotlonal needs and offers pathways through the recovery process. We measure theimpactofthese interventionsthrough CORE-IMSandtheShortWarwickEdlnburgh scale. FINANCIAL REVIEWAND RESERVES POLICY My Slsterfs Place ends this financlal year with a deficit of £57,812. Plans are In place to Increase incomegeneratlon as part of a sustainabilty strategy whlch include5 trainlng income and the development of a dispersed propety portfolio. The charitys reseNes policy is to aim to have an amount in free reserves to cover 3 to 6 months of expenditure. The trustees feel that this amount 15 sufficient to allow the charity to affect a smooth exit should this ever be required. Free reserves are unrestricted funds whlch are not designated. At 31 March 2024, included In the unrestritted reserves of £951.926 were designated funds of £399,426 Set out to cover fijture expenditure. At the year-end free reserves were £213,814. At the year*nd restricted resee$ were £50A69. Page 9
nded FINANCIAL REVIEW AND RESERVES POLICY- contlnued Included wlthln the unrestritted reseNes are designated reserves which have been set aslde for 5pectfic areas of spend by the trustees, thls is to ensure that these future projects are protected and will not be so heavlly reliant on securfng grant funding in order to pursue attivitles which the trustees feel will further the charitys objertlves. £399,426 is designated to allow propety investment which will enable the charity to provide secure immediate furnlshed accommodation for our most vulnerable service users. Prlncipal Rlsks My Slsterfs Place maintalns and reviews Its risk register In line wlth the organlsatlon risk management policy. All major rlsks have been reviewed and systems have been established to manage these rlsks. Princlpal risks contlnue to be- staff Recruitment and Retention: Staff are extremely tired following an Intense perlod in our hlstory that shows no signs of abating. This is a national Issue not onty in the charltysector but across all sertors of employment. Local Authorltles and Police forces have been allocated governmental fundingto tsckle VAWG and staff are being drawn to the publlc sector as the terms and conditions are better. Charities slmply cannot compete. Thls continues to be raised at a national level with the DA Commi551oner and the Home Office. Capaclty: Lack of capacity to deliver services and develop new projects. Thi5 Issue has and continues to be ralsed wlth our commissioners. Covld R•covery and Cost ol Lfvlnr. Continued pressure from the external environment impacts on our ability to implement services. We are working with our partners to mitlgate the rlsks as far as posslble. My 51sterfs Place Tradlng Llmlted My Slsterfs Place Tradlng Llmited Is a 100% subsldlary of the charlty which was incorporated on 30 Aprll 2018 and started to trade that year. The trading arm Is currently not artlve. Plans for th• Futurè MSP strategic direction of travel In the next three years Is set out In our Strategic Plan. Strateglc Prlorities- We have set three key Strategic Prlorities creating a framework which outlines what we want to achieve, what difference thi5 wlll make and how we will measure our SucsS. Earty Intervention and Preventlon Our Intention is to adopt and promote a publlc health, whole systems approach to preventlns VAWG togenerate lastlng change in our community. Inclusfve Servlces and Recovery Our intentlon is to contlnue to dellver high quality, trauma Informed and end to end services for those Impacted by VAWG. and to expand these 5ervlces ensuringthey are inclusive for all. MSP were an early adopter of trauma informed practice- our therapeutlc model Is Nationally recognised. and we want to continue to invest In this. Page10
rus rth FINANCIAL REVIEWAND RESERVES POLICY- continued Sustalnable Organisatlon Our intention is to lead an effective, well governed, and sustainable organisation which recognlses and values our people. Our underplnnlng themes whlch cut across all strateglc prlorltles are: Co-pmduction, Partnership, Gender Based perspective. srRUCTURE GOVERNANCE AND MANAGEMENT Governing Document The organisation Is a charitable Company LImlted by Guarantee, Incorporated on 23 April 2010 and Is governed under its Artlcles of Assoclation. The company registered as a charlty on 6th August 2010. On 1st April 2011 the company took over the a55ets and activities of My Sisterfs Place Women's Advice Centre, an unincorporated charlty whlch was establlshed in 2002. Recrultment and Appolntment Inductlon and Tralning of Trustees Trustees are appolnted at a meeting of the charltys board on the basls of nomlnations received by the board. Trustees are selected by the board based on their eligiblllty. personal competence, specialist skllls and relevant experience. New trustees recelve an inductlon in the working5 of the charity and ongoing tralnlng need5 are Identlfied by indivldual board members and through annual skills analysis. The charty insurance Includes trustee Indemnity cover. All trustees appolnted bythe board must retire at the nextAGM and stand for re-electlon. Orsanlsational Structure The Board of Management. conslstlng of trustees and offlcers, meet at least quarterly to declde matters of pollcy and strategy. Day to day management is delegated to Chlef Officer and her team. The charity has a salary framework detalllng the skills abllfties and responslbllltles for all roles and related pay bands which includes key management personnel. TRUSTEES. RESPONSIBILITIES sfATEMENT The Trustees {who are also Dlrectors of My Sisterfs Place for the purposes of company law) are responslble for preparlng the Trustee> Annual Report and the financial statements in accordance wlth appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requlres the Trustees to prepare flnancial statements for each financlal year, which give a true and falrvlewof the state of affair5 of the charitable companyand of the incomlng re50urce5 and application of resources, Includlng the income and expenditure. of the charitable company for that period. In preparing these financial statements. the trustees are required to".- select sultable accountlng pollcie5 and then apply them consistently,, observe the methods and prlnciples in the Charities SORP 2019 {FRS 102).. makeJudgements and estlmate5 thatare reasonable and pruden¢, state whether appllcable Accounting Standards have been followed. subject to any material departures disclosed and explalned in the financlal Statements: prepare the financial statements on a going concern basls unless It Is inappropriate to presume that the charitable company will continue In operation. Page11
Com TRUSTEES, RESPONSIBILITIES STATEMENT- continued The Trustees are responsible for keeping adequate accounting records that disclose wlth reasonable accuracy at any time the financial posltion of the charltable company and enable them to ensure thatthe financial statements compty with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence fortaking reasonable steps for the prevention and detettion of fraud and other Irregularities. In so far as the Trustee5 are aware:. there is no relevant audit informatlon ofwhich the charitable companys auditors are unaware; and the trustees have taken all the steps that we ought to have tsken to make themselves aware of any relevant audit information and to estsblish that the auditor15 aware of that information. Thlsreporthas been prepared in accordancewlth the5peclal provisions of Part15 ofthe CompanlesAtt2006 relating to small companie5. Approved bythe Trustees and authorlsed to slgn on their behalf. Jennlfer Shield - Treasurer 2710112025 Dated: Page 12
s Place ndentA Opinlon We have audited the flnancial statements of My Si5terfs Place (the parent company) and iys subsidiary for the year ended 31 March 2Q24 whlch comprise the Consolidated Statement of Financlal Activities. ccS011dated Balantr Shert Chaty Balance Sheet. consorated Cash Flow Statement and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applled in their preparatlon Is applicable lawand United KingdomAccountingStandards, includlng Financlal Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Klngdom Generally Accepted Accountlng Prattice). In our opinlon the flnanclal statements:_ give a true and fair vlew of the State of the charitable companys and subsldlatys affalrs as at 31 March 2024. and of the incoming resources and appllcation of resources, including its Income and expendlture for the year then ended,. have been properly prepared in accordance with Unlted Kingdom Generally Accepted Accountlng Practlce," and have been prepared in accordance wlth the requirements of the Companles Att 2006. Ba515 for oplnlon We conducted our audlt In accordance with International Standards on Audltlng (UK) (ISAS (UK}) and applicable law. Our responsibilities under those standards are further descrlbed in the Auditors responsibilities for the audlt of the financlal statements settion of our report. We are independent of the group In accordance wlth the ethical requirements thatare relevantto our audlt ofthefinanclal statements In the UK includingthe FRC'S Ethical Standard, and we have fulfilled our other ethlcal responsibilities In accordance wlth these requirements. We believe that the audit evidence we have obtained is sufflclent and appropriate to provlde a basls for our opinlon. Conclusions relatln8 to golng concern In auditin8 the financlal statements, we have concluded that the trusteeg use of the golng concern basls of accounting in the preparatlon of the financial statementsls approprlate. Based on the work we have performed, we have not identified any material uncertalntles relatlng to events or condltlons that, Individually or collectivety, may cast significant doubt on the 8roup and parent compan$ ability to continue as a golng concern for the perlod of at least twelve months from when the financlal statements are authorlsed for Issue. Our respon55bllitles and the responsibilities of the trustees wlth respect to golng concern are described in the relevant sections of this report, Oth•r Infomiatlon The directors are responslble for the other Information. The other information compri5e5 the Information In the Report of the Trustees but does not include the financial statements and our Report of the Audltors thereon. Our opinion on the financial statement5 does not cover the other Informatlon and, except to the extent otherwlse explicitlystated In our report we do not expre55 anyform of assurance conclusion thereon. In connectlon wlth our audit of the financial statements, our responsibillty Is to read the other information and. in doing so, consider whether the other informatlon is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwlse appears to be materially misstated. If we identify such material Inconsistencies or apparent material mlsstatements, we are required to determlne whether thls gives rlse to a material misstatement In the financial statements themselves. If. based on the work we have performed. we conclude that there is a materlal misstatement of this other information, we are requlred to report that fart. We have nothingto report in this regard. Page13
eS Plac enden Opinion on other matter prescrlbed by the Companles Art 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the Report of the Trustees for the financlal year forwhich the flnancial statements are prepared is consistentwlth the financial statements." and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exceptlon In the light ofthe knowledge and understandlng of thegroup and the parent companyand Its environmentobtalned in the course of the audit, we have not identified material mlsstatements In the Report of the Trustees. We have nothlng to report In respect of the following matters where the Companie5 Att 2006 requires us to report to you rf, in our oplnion'.- adequate accountln8 records have not been kept or returns adequate for our audit have not been received from branches notViSlted by us,. or the parent company financial statements are not in agreement wlth the accountlng records and returns; or certaln disclosures of Trustees. remuneratlon speclfied by law are not made,. or we have not recelved all the Information and explanations we require for our audit; or Responslbilities of trustees A5 explained more fully In the Trustees, Responsibilities Statement, the Trustees Iwho are also directors of the charitable companyforthe purposes of companylawl are responsibleforthe preparation of theflnancial statements and for being satlsfied that theyglve a true and falr view, and for such internal control as the Trustees determine is necessary to enablethe preparatlon of financial statements that are free from material misstatemenL whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charltable companys ability to contlnue as a goln8 concern, dlsclosin& as appllcable, matters related to golng concern and usln8 the golng concern basis of accounting unless the trustees elther intend to Ilquidate the group or the parent company or to cease operatlons. or have no reallstlc alternative but to do so. Audltorfs responslbllltles for the audlt of the financlal statements Our objectives are to obtain reasonable assurance aboutwhetherthe flnanclal statements as a whole are free from material misstatement, whether due to fraud or error. and to Issue a Report of the Independent Auditors that Includes our opinion. Reasonable assurance is a hlgh level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists, Misststements can arise from fraud or error and are considered material if. indlvldually or in aggregate, they could reasonably be expectedto influencethe economic decisions of users taken on the basls of these financial statement5. Irregularities, Including fraud, are instances of non-compllance with laws and regulations. We design procedures In line with our respon5ibilitles. outlined above, to detect material mi5Statements in respect of Irregularitles. includlng fraud. The extent to which our procedures are capable of detetting Irregularities. includingfraud is detalled below:_ Page 14
M SlsteVs LA Auditorfs responslbllltles for the audit of the flnancial statements Icontinued) Based on our understanding of the charity. we have consldered applicable law5 and regulations which rnay be fundamental to the group's abilityto operate orto avoid a material penaty, and we considered the extent to which non-compliance might have a material effect Dn the financial statements. We consldered management's incentives and opportunltles forfraudulent manipulation of the financial statements (inclLJding the risk Df override of controls). and determined that the prlncipal risk5 were related to the posting of inappropriate manual journal entries to manipulate financlal performance, management blas in significant accountlng estimates and any significant one-off or unusual transartions. We discussed among the audit engagement team the opportunitles and Incentives that may exlst within the organisation for fraud and how and where fraud might occur in the t]nanaal statements. Audit procedures performed by the engagement team included.. Enquiryof management and those charged wfth governance around actual and potential litigation and clalms. Enquiryof entity stsff In tax and compliancefunctlons to identifyany Instance5 of non-compliancewith laws and regulations. Reviewing mlnutes of meetlngs of those charged wfth governance. Reviewing financial statement dlsclosures and testlng to supportlng documentation to assess compliance wlth applicable law5 and regulatlons. Auditing the rlsk of management override of controls, Includlng through testing Journal entries and other adjustments for approprlateness, and evaluatlng the business rationale of significant transaction5 OUt51de the normal course of buslness. Challenging e5tlmates andjudgements made by management in thelr significant accountlng estimate5. Revenue recognltlon; agreelng a sample of revenue transactions to galn assurance over the occurrence and accuracy of revenue and also to ensure revenue has been recognised In the correct period. Because of the inherent Ilmltatlons of an audSt, there Is a risk that we will not detect all irregularitie5, including those leadingto a material misstatement in the financlal Statements or non-compliance wlth regulation.The rlsk Increases the more that compliance with a law or regulation is removed from the events and transactions reflerted in the financial statements. as we will be less likelyto become aware of instances of non-compliance. The risk Is also greater regarding Irregularities occurring due to fraud rather than error, as fraud involves Intentional concealment, forgery, colluslon, omlssion or misrepresentation. A further description of our responsibllltles for the audit of the flnancial statements is located on the Flnancial Reporting Council's website at". Thls description forms part of our auditoffs report. Use of our report Thls report is made 501ely to the charltable companys members, as a body, In accordance wlth Chapter 3 of Part 16 of the Companies Att 2006. Our audltwork has been undertaken 50 thatwe mlght state to the charitable companys member5 those matters we are required to state to them in an audltorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or a55ume responsibility to anyone other than the charltable company and the charitable CoMpanS members as a body. for our dit work, for thi5 re for the oplnions we have formed. Andrew Dewng FCA (senior statutory audltor) For and on behalf of Anderson Barrowcliff Limited CharteredAccountants StatULoryAuditors 3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX Page15
Siste anclal A Ivltl dlntsi 2024 Unrestricted Restrfcted Funds Funds 2023 Total Funds Total Funds Notes Income and endowments from: Donations & legacles Charitable artivities Other trading attivities Investments- interest received 68.878 15.000 64.891 2.921 68,878 1.170.985 73.503 1921 79,780 1,088,508 54,172 298 1.155.985 8.612 Totsl Income 151.690 1.164.597 1,316.287 1,222,758 Expenditure on: Raising funds Charitable activities 7.390 162.638 7390 1.366.709 75 1,255,105 1.204,071 Total Expendlture 170.028 1,204.071 1.374,099 1,255,180 Net incomellexpenditure)Inet movement in fund5 Funds brought forward (18.338) (39.474) (57.812) (32,422) 12 970.264 89,943 1.060.207 1,092,629 Fund balanc• carrl•d forward 951.926 50.469 1.002.395 1,060.207 The accompanying notes form part ofthese flnancial sLatements Page16
Company No.. 07233811 bsi Com tasat 2023 Notes Flxed Assets Tanglble assets 338.686 338,812 Current Assets Debtors Cash at bankand in hand 10 94A03 635,913 293,437 565,041 730316 858,478 Credltors: Amounts falllng duewlthin one year 66.607 137,083 Net Current Asset5 663.709 721,395 Net A55ets 1.002395 1,060,207 Funds Restricted funds Unrestrlrted fund5 Unrestrlrted income funds Designated funds 12 50.469 89,943 12 12 552.500 399.426 562,880 407,384 951.926 970,264 Total Funds 1.002,395 1,060,207 These accounts have been prepared in accordance with the speclal provisions of Part 15 of the Companles Act 2006 relatlng to small companies. J Shield- Treasurer and director 2710112025 The accountswere approved bythe Board on and signed on Sts behalf bythe above. The accompanying notes fomi part of these financial ststements. Page 17
Company No: 07233811 Sisterfs P ce Balan 2024 2023 Notes Flxed Asset5 Tangible assets Investments 338,686 338.812 338,687 338,813 Current Assets Debtors Cash at bankand In hand 10 142.148 587.687 341.182 516,815 729.835 857,997 Credltors."Amounts falllngdue within one year 66.127 136,603 Net Current Assets 663.708 721,394 Net Assets 1.002,395 1,060,207 Fund5 Restritted funds Unrestricted funds Unrestritted income funds Designated funds 12 50.469 89,943 12 12 552.500 399.426 562,880 407,384 951.926 970,264 Total Fund5 1.OD2,395 1,060,207 These accounts have been prepared in accordance wtth the speclal provlslons of Part15 of the Companies Act 2006 relating to small companies. gs J Shleld- Treasurer and director 2710112025 The accounts were approved bythe Board on...................... and signed on its behalf bythe above. The accompanying notes form part of these financial statements. Page 18
nsoli arch 2024 2023 Cash flows from operatlng artlvltles: Cash generated from operations 18 77.594 1178,999) Cash flows from investlng actmties Interest received Purchase of tangible fixed assets 2.921 (9.643) 298 (1,1731 Net cash used In Investlng actlvltles (6.722) (875) Change in cash and cash equlvalents In the reporting period Cash and cash equrvalents atthe beginning ofthe reporting period 70.872 {179,874) 565.041 744,915 Cash and cash equivalents at the end of the reporting perlod 635,913 565,041 The accompanying note5 form part of these financial ststements. Page19
sldla ACCOUNTING POLICIES (a) General Information and Basls of Preparation My Sisterfs Place is a private company Ilmited by guarantee and registered In England. In the event of the charity being wound up. the liabllity in respect of the guarantee is Ilmited to £1 per member of the charity. The address of the reglstered office is given in the charity information on page 1 of these financlal statements. The nature of the charltys operations and principal activitles are as an independent'one Stop Shop, for women who are suffering, or have Suffered, domestic violence. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reportlng by Charitles: Statement of Recommended Practice applicable to charlties preparlng their accounts in accordance with the Flnancial Reportlng Standard appllcable in the UK and Republlc of Ireland (FRS 102) Issued in Ortober 2019, the Flnancl31 Reporting Standard applicable In the United Klngdom and Republic of Ireland IFRS 102), the Charities Art 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applles from 1 January 2015. The financlal statements are prepared on a golng concern basls under the historical cost conventlon. The financlal statements are presented in 5terllng whlch Is the funttional currency of the charlty and rounded to the nearest £. Theslgnlficantaccountlngpollclesapplied inthepreparatlon ofthese financlal statements are setoutbelow. These pollcies have been consistently applied to all years presented unless otherwlse ststed. (b) Ba51s of consolldatlon The financial statements consolidate the results of the charlty and ifs wholly owned subsldlary. My Sisteffs Place Tradlng Llmlted. (c) Income Recognition All Incoming resources are included Sn the Statement of Flnancial ActlvStie5 {SoFA) when the charity is legally entltled to the income after any performance conditlons have been meL the amount can be measured rellably and it is probable that the Income wlll be recefved. For donations and grants to be recognised the charlty will have been notifled of the amounts and the settlement date In writing. If there are condltlons attached to the donation or grant and thls requires a level of performance before entitlement can be obtained then income is deferred untll those condition5 are fully met or the fulfllment of those conditions Is within the control of the charity and It is probable that they wlll be fulfilled. Donated facllltles and donated professlonal services are recognised in income at theirfalr value when thelr economic benefit is probable, tt can be measured reliably and the charity has control over the Item. Fair value 15 determined on the basis of the value of the gtftto the charity- For example. the amountthe charity would be wllllng to pay in the open market for such facilities and services. A corresponding amount is recognlsed in expendlture. Investment Income is earned through holding cash in deposit accounts and Is recognlsed when it Is earned. No amount Is Included in theflnancial statements forvolunteertlme in linewlth the SORP (FRS 102). Further detail 15 given in the notes to the accounts. The grants are recognised uslng the accrual model. There is no netting off of expenditure within the accounts. Page 20
sidla the Fi sfor ACCOUNTING POLICIES (contlnued) (d) Expendlture Recognltlon All expenditure is accounted for on an accruals basis and has been classifted under headings that aggregate all costs related to the category. Expenditure 15 recogni5ed where there is a legal or constructive obligation to make payment5 to third parties, it is probable thatthe settlement wlll be required and the amount of the obligation can be measured reliably. Expenditure is classifled under the following headings'.- Charltable expenditure comprises those costs incurred by the Charity in the delivery of its activlties. It includes both costs which can be direttlyallocated to activities and those costs of an Indirect nature. Support costs are those funttions that assist the work of the charity but do not directly undertake charltable attivities. Support costs Include back office cost5, finance, personnel and payroll. Governance costs are those incurred In connection with compliance wlth constitutional and statutory requirements. Irrecoverable VAT is charged as an expense against the activltyforwhich expenditure arose. Tanglble Flxed Assets Tangible fixed assets are stated at cost less accumulated depreclation. Cost includes costs directly attributable to making the asset capable of operating as intended. lel Depreciation Is provided on all tangible flxed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful Ilfe. Depreciation has been charged at'.- Improvements to freehold propety Fixtures, fittings & equipment 41XJ Straight line 2596 straight line Freehold Propety is not depreciated. Although this is not in accordance with FRS 1 Q2 sectlon 17.18 the properties are always kept in a state of good repair and the Trustees believe that the market value Is in excess of cost. (n Debtors and Credltors Receivable/Payable Wlthin One Year Debtors and creditor5 With no stated interest rate and receivable or payable within one year are recorded at tran5attion prlce. Ig) Cash at Bank Cash at bank and cash in hand includes cash and short term highly liquid investment5 With a short maturity of three months or le55 from the date of acquisition or opening of the deposit or similar account. Pension Costs The charity operates a fully insured contributory defined contribution pension Scheme for all employees. The company contributions are charged to the SOFA in the period to which they relate, Taxatlon The charity is an exemptcharitywithinthe meaning of schedule3 of the Charitie5Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. (h) Page 21
rfsPI eFI tsf ACCOUNTING POLICIES (contlnued) ti) Operating Leases Rentals payable under operating lease5 are charged to the SOFA on a stralght-line basis over the period of the lease. Ik) Terminatlon payments Termination payments are recognised in the SOFA in the period they are paid. Golng Concern The financial statements have been prepared on a going concern basis as the trustees believe that no materlal uncertainties exist. The trustees have considered the level of funds held and the expected level of incorne and expenditure for12 months from authorising these financial statements. The budgeted income and expenditure is sufficient wlth the level of reserve5 for the charity to be able to contlnue as a going concern. (m) Judgements and Key Sources of Estlmation Uncertalnty In the application of the charitable companys accounting pollcies, which are descrlbed above, the Trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources, The estimates and associated assumptions are based on historical experience and other factors that a considered to be relevant, Actual results may differ from these estimates. The estlmates and underlying assumptlons are reviewed on an on8oln8 basis. Revislons to accounting estimates are recognlsed in the period In which the estlmate is revised if the revlsion affects On that period, or in the period ofthe revislonand future perlods if the revisionaffects bothcurrentand future periods. Fund accountlng Unrestricted funds are available for use at the dlscretlon of the trustees In furtherance of the general objectives of the charity and which have not been deslgnated for other purposes. (n) Deslgnated fund5 comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and Ltse of each designated fund is set out in the notes to the financial statements. Restrlcted funds are funds which are to be used in accordance with specific restrlctions imposed by donors or which have been raised bythe charityfor particular purposes. The cost of raising and adminlsteringsuch fund5 are charged agalnst the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Page 22
My SlslQt&E nded 3 DONATIONS AND LEGACIES 2024 Unrestrlrted Restrlcted Funds Funds 2023 Total Funds Total Funds Fundraising and sundry donations The Big Glve Donated premises Middlesbrough Lottery Smallwood cost of living income Amazon Grant Sara Chalton Fund Our Womens Volces Donations 42,347 13.428 12.000 1.103 42,347 13A28 12,000 1,103 40,080 12,000 6,500 1,000 20,000 200 68.878 68,878 79,780 The donated premlses are the estlmated market value rent of the propety donated to the charity by Mlddlesbrough Council, In 2023 £73,280 of the donatlons related to unrestricted funds and £6,500 related to restricted funds, INCOME FROM CHARITABLE AcfiviTIES 2024 Unrestrirted Restrlrted Funds Funds 2023 Total Funds Total Funds WWIN Slsters Projects Coun5elling Henry Smith WWIN - NHS Charitles Partnershlp Big Lottery Fund- Counselllng & Building Capabllltie5 Lloyds Bank Foundation The Big Give Police & Crlme Commissioner- Route 2 Sundrygrants Smallwood Trust PCC Perpetrator project Leathersellers MBC Recovery granuadmin support Natwest Safe Lwes Clrcle Fund MBC SeNlces {LVP) Lot 3 MBC Services Lot 2 Masons IRIS PCC IDVAJISVA Scope MBCx2 IDVAS MBC Safer Streets MBC Vittim Survivor PCC- CURVfunding ASK me Navigator accommodation rraining Income 23,616 66.400 53.522 66.400 53.522 42,689 115.543 115,543 43,958 2,250 491 46,189 90 25,000 96,234 32,659 24,060 5,000 80.931 253,466 10,164 35,621 205,710 60.650 58.298 9.008 24.030 60,650 58.298 24.008 24.030 15.000 80.931 253.465 17.153 25.145 211470 62.911 36.509 80.931 253.465 17.153 2S.145 212N70 61911 36.509 46372 17.474 17A74 31,295 11,765 50,800 20,148 28.236 34240 28.236 34.240 Total 15.000 1.155.985 1.170.985 1,088,508 In 2023 £1,015,827 of the income from charitable attivlties related to restrirted funds and £72,681 related to unrestricted funds. Page 23
erfs Place Flnanclal Sta INCOME FROM TRADING ACTIVITIES Unre5trlcted Restrlrted Funds Funds 2023 Total Funds Total Funds Tlcket income Smallwood ASK me conference IWD Event Corporate supporters Acce55 to work income Training income Housing Benefft Harbour Recharge income Other 110 110 300 290 4.717 438 4.717 438 8.612 40,781 15.881 530 8.612 40.741 15.881 7,940 38.197 3,666 2,715 534 3.004 3.004 Total 64.891 8.612 73.503 54.172 In 2023 £620 of Income from trading artivities related to restrlcted Income and £53,552 related to unrestrirted income. RAISING FUNDS EXPENDITURE 2024 2023 Staff costs Fundraising costs 4.198 3,192 75 Totsl 7.390 75 In 2023 all of the expendlture related to unrestricted funds. Page 24
Sist rfs Plac dltssu temen March EXPENDITURE ON CHARITABLE ACtIVlTIES 2024 2023 Dlrect costs Staff costs Travel, tralning & supervision Computer & telephone costs Propety costs Propetyworks Project costs Client costs Professional fees & supeNision Depreciation Glft in kind - rent 946.722 12.374 54.789 12.329 8.237 12,720 45.231 6,914 9.768 11000 867,702 15,374 49,273 22,644 7,456 10,983 40.555 4,899 8,278 12,000 1.121.084 1,039,164 Support costs Staff costs Travel & training Postage, stationery &general admin costs Premises costs Bookkeeping costs Consultancy Bad debts 117.924 111,102 7.024 24,739 20,506 34,778 2,660 19.639 38.498 41.250 7.228 6.890 231.429 Governance costs Accountancy Audit fee Other servlces 200.809 6,600 7.596 6,600 8,532 Legal costs 1.366.709 1,255,105 In 2023 £185,805 of expendlture on charitable attivities related to unrestricted fund5 and £1,069.300 related to restrlcted funds. STAFF COSTS 2024 2023 Salaries and wages Social Security Costs Pension Other staff costs - settlement payment 944.266 76,416 39.223 8,939 864,305 74,386 40,114 1.068,844 978,805 No employees received emoluments of more than £60,000, The average number of employees during the year was 44{2023: 381. Key Management Personnel Costs The total amount of employee's remuneration received bykey managementpersonnel including employers National Insurance and pension contributions is£69.42512023'. £69,104). The charitablecompanyconsiders its key management personnel to be Chief Officers. Page 25
s Place an nc alst STAFF COSTS- corrtinued Trustee Remuneratlon and Related Party Transactlons Notrustees received any remuneratlon orexpenses during theyear{2023: NII). No trustee or other person related to the charlty had any personal interest in any contract or transactlon entered into durlng this or the previous year. TANGIBLE FIXED ASSETS- GROUP&CHARITY Flxtures. Land & Fittings & Bulldlngs Equlpment Total Cort At1 April 2023 Additions 399,513 29,377 9,643 428.890 At 31 March 2024 399,513 39,020 438,533 Depreciatlon At1 April 2023 Charge foryear 61,587 7,958 28,492 1.810 90.079 9.768 At 31 March 2024 69,545 30,302 99.847 Net Book Value 31 March 2024 329.968 8,718 338.686 31 March 2023 337,927 885 338.812 FIXED ASSEf INVESTMENTS Investments held bythe charity representthe entlre share capital of Its tradlng subsidiary, My Slsterfs Place Trading Limited (registered number 11337607). The nature of the companys activities was the operation of a charltyshop which closed In the prioryear. It is now dormant. Further details are gFven in note 16. 10 DEBTORS Charlty 2024 Group 2024 Charity 2023 Group 2023 Trade debtor5 Prepayments and accrued Income Intercompany balance 71,376 23.027 47.745 71.376 23.027 287.864 5.573 47,745 287,864 5,573 141148 94.403 341,182 293,437 Page 26
lace andi al State 11 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Charlty 2024 Group 2024 Charity 2023 Group 2023 Trade creditor5 Social security and other taxes Accruals and deferred income Other credltors 182 182 17.112 41.692 7.323 17.112 41172 7.323 136,421 136.901 66.127 66.607 136.603 137,083 Deferred income Includes.,. Charity 2024 Group 2024 Charity 2023 Group 2023 Brought forward Deferred In the year Released In the year 122,921 122.921 163,959 28.192 28,192 122,921 (122,921) {122.921) 1163,959) 163,959 122,921 (163,959) Carrled forward 28.192 28.192 122.921 122,921 The deferred income relates to income recelved this year, whlch relates to 202412025, malnly In respect of salary costs and work notyet performed:. MBC Victim Survivor Leather5eller5 Masons 12,480 5,000 10,712 28,192 Page 27
M Siste Place I Statem 12 fvIOVEMENT IN FUNDS Incoming Outgoing At 31.3.23 Resources Resources At 31.3.24 Rertrlrted Funds Smallwood Nat West Coun5elling- Big Lottery Incluslve Counselllng- Henrysmith The Big Give MBC CYPS Lot 3 MBC Lot 2 Scope Route 2 Iris MBC Admin support IDVAIISVA Perp project Masons Navigator Accommodation Leathersellers-jubilee fund Acce55 to work MBC x2 IDVAS Victim Survivor WWIN Homeless Link Project ASK ME Reach PLC Pride of 8ritaln Funding 4.335 1,132 60,650 (44,295) (713) (115,543) (66.400) (69,084) (80.9311 (241.701) (61911) {270) (25,145) {24.030) 1212,470} (S8.298) (17,153) {34,2401 (9,008) (8,612) (36,509) (12,500) (53,522) (28,236) (2,5001 20.690 419 115,543 66,400 69,084 80,931 253.465 62,911 12,622 24.386 270 25,145 24,030 212,470 58,298 17,153 34,240 9.008 8,612 36.509 17,474 53.522 28,236 4.974 2,500 Restrlcted Fund5 Total 89,943 1,164,597 11,204,071) 50.469 Incomlng Outgolng At 31.3.23 Resources Resourc•s At 31.3.24 Deslgnated Funds Perpetrators Project Development of New Area5 of Work Building Fund 22,772 27,341 357.271 22.772 27.341 (7,958) 349.313 407,384 (7,9581 399A26 General unrestritted funds 562,880 151,690 1162,070) 55151)) Total unre5tritted funds 970.264 151,690 1170.028) 951,926 Total funds 1,060,207 1,316,287 (1,374.099) 1,001395 Page 28
M sIste P to the Flnan PURPOSES OF RESTRICTED FUNDS Srnallwood Trust- To provide small grantsto women needingsupport, including managementand support costs. NatWest- to provide financial support through grants to victims of economic abuse and to help survivors move forward. Bls Lottery Fund- A five-year grant with part funding towards Counselling IDVA and Support Services CURV fundln8- Icleveland unit for the Reduction of Violence) to reduce hospital admission for assaults in knife or sharp objett and reduce non-domestic homlcides focusing on people under the age of 25 years old. The Blg Glve - A special funding round of the Big Gtve raising money for a mother and Daughter Therapy service MBC Servlces (CYP) Lot 3 - Local authorlty funding for Middlesbrough services, funding IDVAS and Counselling staff for Chlldren and Young People Service M BC Servlces Lot 2- Local authority funding for Middlesbrough services, fundlng IDVAS, Counselling staff and Sanctuary Service Pollce & Crlme Commlssloner (Route 2)- To 5UPPOrt perpetrator work through Route 2 proJect Sundry Grants- Various small grants for basic provisions for women In need IRIS- Funding for an Iris Educator Advocate for the Middlesbrough IRIS project MBC Grant SupportlAdmln Support- Local authority fundlng towards admin costs Police & Crlme Commlssioner (IDVA)- To provide Independent Domestlc Vlolence Advocacy PCC Perpetrator Project- Funding for DA Complex Needs workerand therapeutlc servlce staff plus admin and management costs to deliver the Perpetrator project MBC Safer Streets - Funding for VAWG Ask Me Ambassador scheme, IDVA Stalking and Personal Safety funding for vulnerable women and girls Masons- A 3-year grant to fund a therapist for CYP service Navlgator Scheme The money received from Middlesbrough Public Health via MHCLA to provide a Domestic Abuse Navigator, dispersed accommodation and personalisation fund forwomen facing barriers to safe housing. WWIN - NHS Charltle5 Partnershlp - In partnership with Wearside Women in Need (lead partner) to provide a Counselling community partnership programme for North East and Cumbria. Leathersellers- funding towards the Brief Intervention Duty Projert. ASK ME- training is a free domestic abuse awarene5S training programrne that Is delivered in community spaces for all community members. The aim of the training is to deliver a quality programme that allows community members to come together and create rich discussion, group participation and activities based on the foundations that underpin domestic abuse and why it 15 important to understand these. Page 29
Scope To support disabled people and unpaid carers and bulld resilience. promote wellbeing and participation, and reduce isolation after Covid. Henry Smlth- Grant totaling £203,500 towards three yearg salary and on costs of a Senior Therapist and a Domestic Abuse Counsellor at a project providing therapeutlc 5eNices for people affetted by domestic abuse in Middlesbrough. Access to work- Access to work Is a publiclyfunded employmentsupport program that aim5 to help more disabled people start and stay in work. MSP helped staff by purchasing equipment and then claimed back from DWP. Vlctlm & Survlvor Engagement Work - Part time stafflng costs for a pilot projett worklng alongside Middlesbrough Council for Domestic Abuse virtims in Mlddlesbrough. Page 30
sldl ot for th PURPOSES OF DESIGNATED FUNDS The Perpetrators Fund was designated by the trustees for a project which started in May 2016. setting aside £5Q,000 to brldge fundlng gaps. During the year. none of this funding was used. The development ol new areas of work. This represents proceedsfrom the sale of the Albert Centre and isto be u5edtowards premises, Investmentsand otherdevelopmentareas. Intheyearended31 March 2019 two properties were purchased fora total of £118,598 to provlde homes forvictims of domestic abuse. This money was taken from thls fund. The Capltal Fund istofund capital charges forfixtures, fittings and equipment. The surplus on the houslng project has been transferred into this fund. The Bulldln8s Fund represents that element of reserves whlch relates to the charitys premises. Thedeslgnated funds are expected to be spent In the nextthree to fiveyears in line wlth the Strategic plan. ANALYSIS OF NEfASSEfs 8ffwEEN FUNDS- GROUP 13 Unrestrlcted R•strlcted Funds Funds Total Funds Flxed assets Net current assets 338,686 613,240 338,686 663,709 50869 At31 March 2024 951,926 50,469 1,002,395 14 PENSION cosrs The Company operates a contributory pension scheme. It Is a defined contributions scheme and contrlbutlons are charged to the SOFAas they accrue. The charge fortheyear was £43,02112023: £40,114). LEASING COMMITMENTS 15 2023 Operating leases whlch explre: Withln 1 year Beleen 1 & 5 years 217 325 434 325 542 759 Payments In the year amounted to £217 (2023,. £4341. Page 31
Sisteffs lace It5S emè 16 SUBSIDIARYCOMPANY The charity owns 100% of the share capital of My Sisteffs Place Tradlng Limited (company number 113376071. The subsidiary was incorporated on 30 April 2018. It is used for non-prlmary purpose tradlng activities. A summary of the result5 of the subsldiary is shown below. Turnover Expenses Net loss Assets Liabllrtles 48.091 48,091 Share capital 17 RESULTS OF THE PARENT COMPANY Total incomlng resources Movement In fvnds 1.316.287 (57.812) 18 RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES Group 2024 Group 2023 Net Income forthe reporting perlod (as perthe statement of financlal attivitiesl (57.812) {32,442} Adjustments for. Depreciatlon charges Interest received Decreasel(increase) in debtors Decrease in creditor5 9.768 (2.921) 199.034 {70A75) 8,278 (298) (89,463) (65,094) Net cash (used inyprovided by operatlng artlvStles Tl.594 (178.999) Page 32