## **Annual Report and Audited Financial Statements 31[st] March 2022** Charity Registration Number 1143513 Company Registration Number 06886781 (England and Wales) ## **Contents** |**Reports**|| |---|---| |Chair’s and CEO’s foreword|3| |Trustees’ report|4| |Reference and administrative information|13| |Independent auditor’s report|21| |**Financial statements**|| |Statement of financial activities|26| |Balance sheet|27| |Statement of cash flows|28| |Principal accounting policies|29| |Notes to the financial statements|31| The Trustees present their statutory report together with the financial statements of Woman’s Trust for the year ended 31 March 2022. This report has been prepared in accordance with Part 8 of the Charities Act 2011 and constitutes a directors’ report for the purposes of company legislation. Woman’s Trust is constituted as a charity registered for charitable purposes with the Charity Commission (Charity Registration Number 1143513) and a company limited by guarantee (Company Registration Number 06886781). Chair's & CEO'S foreword Last year we reported on the impact of the Covid pandemic and first lockdowns on our services, our Glients and our staff and volunteers. 2021 was another challenging year as the pandemic continued. Our staff and volunteers continued to work from home, providing vital support to our clients as the effects of domestic abuse and isolation took their toll. We want to pay tribute to the resilience and dedication of our staff. Overall, we provided over 6,700 sessions for clients.. 800 initial assessrnents, 5,500 counselling sessions, 312 support group sessions and 37 workshops. Although the number of women referred to us dropped slightly, we provided more women with more services. In total we supported 838 women during the year. The need for our services continued, and continues, to far exceed our funding. Our vision is to help many more women and we will work tirelessly to achieve that. We want to thank all our funders and fundraisers. Remarkably, donations increased by over 400/0 and thanks to their generous support our income exceeded 1 million pounds for the first time ever. Woman's Trust has been, and is being, affected by the current economic conditions. The low rate of unemployment has made il more difficult for us to recruit staff and has driven up wage costs. The increases in irbflation we are all experiencing will also lead to higher costs. We are continuing to invest in our fundraising efforts to bridge these gaps and - most importantly for us - to inGrease the number of women we can support year-on-year In 2021 we joined a number of successful partnership and consortium funding bids so that we will be able to increase the number of women we can help in 2022. These are the Ascent partnership fLsnded by London Councils, the London Whole Housing servi￿ Partnership (LWHSP) and Pan London Floating Support Service (PLFSS) which are both funded through the Greater London Authority's Safer Accommodation funding. We are also part of the Maia & Lift project funded by the Mayor's London Violence Reduction Unit (LVRUI which focusses on work with young women. We have secured new funding to expand our main services into 4 new London Boroughs. making our support available in areas where there was none. We end the year with a positive outlook. The new Domestic Abuse Act is coming into force and recognises the need for therapeutic menlal health support for victims and survivors. The new Domèstic Abuse Commissioner is supporling our efforts lo get our voice heard across local and national government. During the year we provided evidence to the govemment consullalion on mental health and wellbeing, the London Police and Crime Committee, and the All-Paty Parliamentary Group on Domestic Abuse. We know we make a huge difference to the women who access our services. We end this message with one from a Glient "It is an amazing support. As a woman experiencing domestic abuse we often feel alon&, isolated and scared. It is very difficult to tnjst people, as our safety Gan be affected. With Woman's Trust I felt safe talking about what had happened, and they helped m8 understand more about the abuse. It helped build a brighter future for me arld my child" Sally Fiel eidi Riedel Chair Chief Executive Officer Woman's Trust Trustees. Report Year to 315t March 2022 ## _**Trustee Report**_ ## _**Our Vision**_ A world where women have the resources to prevent domestic abuse damaging their futures. ## _**Our Mission**_ To help any woman in London affected by domestic abuse to overcome the mental and emotional harm and rebuild her life, by providing women-only, client-led counselling and support services. ## **Charitable object** Woman’s Trust’s charitable object is: To relieve women and children who are being, or have been, affected by domestic abuse, through the provision of a counselling and support service. ## **Woman’s Trust is special because we** : -  offer specialist ‘person-centred’ counselling and therapeutic services, informed by an understanding of the long-term mental health and emotional impacts of domestic abuse -  Through a trauma informed approach enable women to make their own choices and decisions, in their own way, in overcoming the risk and damage caused by domestic abuse -  provide accessible services regardless of race, religion, class, or culture; and -  are expert in understanding the dynamics of domestic violence and abuse and its effects on women’s lives and that of their children. Woman’s Trust is a women-only organisation. It is led by members of the community it was developed to serve: women who live or work in London. ## **Overall aims and outcomes** Domestic abuse has affected or will affect one in four women in the UK. The psychological and emotional consequences of abuse, if left unaddressed, can last a lifetime for the woman and her children. The primary aim of our service is to enable women to rebuild their lives. ## **The services that we provide** We aim to tackle the emotional and psychological damage caused by abuse, by providing appropriate mental health services: specialist person-centred one-to-one counselling and therapeutic support groups (both BACP accredited services), self-development workshops,. We also provide webinar resources for anyone experiencing domestic abuse. 3 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Our Client’s Journey** *Women can choose to access one or more services simultaneously or one after the other ## • **Referral** - Deciding on suitability for our services, and signposting to a range of other services to give women the support they need ## • **Long-Term Counselling** - Up to 18 weekly 50-minute one-to-one - person-centred counselling sessions with a professional counsellor, trained - to understand the specific dynamics and issues associated with domestic abuse ## • **Therapeutic Support Groups** - Eight weekly sessions of 2 hours, where women share their stories with other women to support each other in their recovery ## • • **Webinars Self-Development** • **Workshops** - **Workshops** • Recorded psycho-educational work- - • We offer one-day sessions designed shops that do not involve participation from clients. These are then uploaded - to help women with the practical and emotional fall-out from domestic on to our website along with supportive handouts functioning as a lasting reference for women - abuse, and move on with their lives facing abuse. These were stopped in July 2021 and will resume when more funding is available. 4 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Our reach** During 2021/22, Woman’s Trust received 643 client referrals from a wide variety of sources. **----- Start of picture text -----**
Referrer Categories - 2021/2022
Self Referral 232
Mental Health (NHS, psychology teams, etc.) 142
Other VAWG Sector Services 60
IDVA 53
PCT/NHS (GP, health visitor, midwife, A&E, health… 33
Local Authority 28
Refuges (incl. Hestia) 26
Victim Support 23
Children's Centres 21
Voluntary Organisation 11
Housing (including council, housing associations,… 5
Family/Friend 4
Probation Services 2
Internal referral (membership, mailing list etc.) 1
Police 1
Substance Misuse Services 1
0 50 100 150 200 250
**----- End of picture text -----**
The overall number of referrals for the year was slightly lower than 2020/21 (673). During this year, we could not accept any new referrals during periods of time while we offered our services to clients who had been waiting for face-to-face services and that caused a drop in the number of referrals we received. However, the number of sessions provided and clients in services did increase. ## **Referrer Categories - 2021/2022** excludes 232 self-referrals (36%) **----- Start of picture text -----**
8%
7% 13%
6%
6%
15%
5%
1% [3%]
1%
0%
35%
0%
0%
0%
**----- End of picture text -----**
Internal referral (membership, mailing list etc.) Police Substance Misuse Services Probation Services Family/Friend Housing (including council, housing associations, homelessness charities) Voluntary Organisation Children's Centres Victim Support Refuges (incl. Hestia) Local Authority 5 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Who accessed our services?** Across London, the Black Asian and Minority Ethnic (BAME) population is 40% of the total population [Census 2011]. Woman’s Trust clients who accessed counselling, support groups and workshops reflect this diversity with 50% of our clients identifying as Black, Asian or Minority Ethnic. **----- Start of picture text -----**
Clients Attending Services by Ethnicity
2021/2022
Asian/Asian
British
20%
White
43%
Black
African/Carrib
ean/Black
British
17%
Mixed/Multiple
Other Ethnic Ethnic
Background Not given Background
5% 7% 8%
**----- End of picture text -----**
## **Services provided** We enable women to overcome the trauma of domestic abuse by providing a range of services to cater for the different needs of our clients. **Referrals by Service** 2021/2022 Counselling gives the client an opportunity to work with a trained counsellor. Workshops are psycho-educational, providing women with information and tools to help them understand their experiences and improve the management of their well-being. Support Groups provide an invaluable opportunity for women to share their experiences and reduce their isolation. Pre-recorded psycho-educational sessions that can be accessed direct from our website provide an on-going resource for any women needing help. **----- Start of picture text -----**
Workshops
12%
Support
Groups
Counselling
28%
60%
**----- End of picture text -----**
6 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 Approximately 60% of clients referred to us asked for one-to-one counselling. Some women asked for more than one service. **----- Start of picture text -----**
Clients Accessing Services
2021/2022
172
22%
121
16% 472
62%
Counselling Support Groups Workshops
**----- End of picture text -----**
There were 472 women that accessed counselling, 121 women attended support group sessions; 172 women attended workshop sessions and 39 accessed webinar sessions. Only women who had undertaken an assessment were able to access our workshops, which meant fewer women overall, but we developed on-line webinar sessions which proved to be popular with clients who could not commit to fixed-time sessions. A survey of clients found that many women would continue to use remote counselling even after services return to in-person offering. Woman’s Trust was a lifeline to many. 7 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Service sessions provision and attendance** **----- Start of picture text -----**
Counselling Service
Provision and Attendance
2021/2022
100%
90% 1179
281
80%
70%
60%
50%
40% 4375
560
30%
20%
10%
0%
Initial Sessions Counselling
Attended Did not Attend
**----- End of picture text -----**
This year we provided 841 initial assessment sessions, 7% more than last year, and 5,554 one to one counselling sessions to 472 women with an excellent attendance rate of 79%. We were able to provide 22 more women with counselling this year compared to last. **----- Start of picture text -----**
Group services
Sessions provided
2021/2022
4
40
256
Workshops Webinars Support Groups
**----- End of picture text -----**
Our group sessions such as the therapeutic support groups (32 groups, each 8 weeks long) and psycho-educational workshops continued on-line. 8 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Outcomes** Woman’s Trust uses two main evaluation systems to measure the efficacy of our services: Clinical Outcomes in Routine Evaluation (CORE) for counselling; and Woman’s Trust’s own entrance and exit questionnaires (EQ) for all our services. These measures help us see the positive difference we make to women’s lives. ## **Counselling – 472 women attended** |**Measures of health and well-being % of**
**Women reporting improvement after**
**accessing Woman’s Trust counselling**
**services**|**Measures of health and well-being % of**
**Women reporting improvement after**
**accessing Woman’s Trust counselling**
**services**|**EQ**
(83 RESPONSES)|**CORE**
(90 RESPONSES)| |---|---|---|---| |||**Improvement**|| |**HEALTHIER**|**Trauma (PTSD)**|N/A
65%|| ||**Stress/Anxiety**|97%
56%|| ||**Depression**|N/A
59%|| ||**Self-esteem**|96%
59%|| ||**Isolation**|93%
56%|| ||**Suicidal**|N/A
61%|| ||**Self-harming**|N/A
35%|| |**AUTONOMY AND**
**LIFE CHOICES**|**Control over future**|96%
57%|| ||**Confidence**|96%
52%|| ||**Knowledge of own rights**|89%
N/A|| ||**Knowledge of other support**
**services**|92%
N/A|| |**ABILITY TO**
**FUNCTION**|**Relationship with children**|87%
N/A|| ||**Interpersonal relationships**|96%
49%|| ||**Self-care**|95%
N/A|| ## **Client testimonials** _When I came to Woman’s Trust (WT) back in the beginning of 2020, I was very fragile, and I needed a lot of support and guidance. I have done support groups, workshops and webinars, got legal help, and I have done 1:1 counselling with WT._ _Without these services I wouldn’t be in the position I am now. I feel my healing has been sped up because of the support I have received. Without the support of WT, I would be struggling at lot more to heal. My situation was very complex and difficult, and I have seen the difference in how all these services have helped me within WT._ _I believe that women need access to vital services such as WT, otherwise we’re just left alone with dangerous people and feelings of hopelessness._ _Some people turn to drugs and alcohol which is very easy to fall into, it can also lead to a spiral of violence between perpetrators and survivors, often leading to fatal outcomes._ _**March 2022**_ 9 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 _I'm still recovering from domestic abuse, four years after leaving my husband, and I'm still learning how to cope with post-separation control. The workshops and counselling from Woman's Trust services have been very helpful for me and have improved my resilience and the way I think about the situation I am now in._ _**July 2021**_ ## **Therapeutic Support Groups – 32 groups (8 sessions each), 1097 attendances by 121 unique women** Women were overwhelmingly positive about the impact of this service. -  95% felt improvement in confidence -  90% felt improvement in stress and anxiety level -  89% had improved knowledge of their rights, -  89% felt more in control of their future -  76% reported better relationships with their children ## **Client testimonials** _“I was first referred to Woman's Trust in early 2020 and attended 1 in person Group Session. As the lockdown started, I began to attend online Workshops and Webinars. I have just completed my first 8-week support group which has been an amazing experience. I have gained a greater awareness of domestic abuse and the services I have accessed have helped my healing journey. I feel that the work should be supported because without these services I would not have been able to heal or gain peace in my situation. I had a yearlong battle in court with my abuser and the way I process things and face challenges is completely different due to the help i have received from Woman's Trust. Thank you so much and I look forward to the next group session.”_ _**December 2021**_ _“A valuable for resource for women going through different stages of DV. From the beginning red flags, to the crisis and the aftermath effects when the relationship has ended”_ _**March 2022**_ 10 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Self-Development Workshops – 41 workshops, 480 attendances by 172 unique women, many of whom attended several workshops** As a result of their attendance, 97% women reported an improvement in their level of selfesteem, in interaction with others and confidence. There was also a 95% improvement in their readiness to take positive steps to change their lives. -  98% of women felt they could cope better with their experience of domestic abuse -  92% of women said they had a reduced feeling of isolation ## **Client testimonials** _“[Counsellor’s] talks […] were really helpful. It was also the very first time I’d heard others speak about abuse. It was reassuring to hear people had similar feelings.”_ _**February 2022**_ _“[Counsellor] was able to provide a safe space for everyone to discuss their experiences. This has been my favourite workshop as there was a practical plan that I can implement in my journey of recovery. It is so important to be around women who have gone through this and I feel so much better. Thank you again”_ _**May 2022**_ ## **Webinars – 4 webinars, 56 attendances by 39 unique women** Webinars are uploaded on our website and available for viewing by anyone accessing the website. Women who attended the live webinars reported (21 responses): -  95% of the women have gained a greater understanding of domestic abuse -  95% of the women feel better able to cope with their experiences of domestic violence -  95% of the women feel more ready to take positive steps to change their life after attending this webinar -  95% report an improvement in their self-esteem and/or their self-worth -  90% report an improvement in their levels of confidence 11 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Reference and administrative information** ## **Governance, Structure and Management** ## **Trustees** ||| |---|---| |**Trustees**
(at date of approval of financial statements, except where noted)
**Reference and**
**Administrative Information**|| |**Sally Field**
Chair|**Charity Registration**
**number**
1143513
**Company Registration**
**Number**
06886781
(England & Wales)
**Incorporation,**
**Memorandum and Articles**
**of Association**
24 April 2009
**Registered office**
West End House
37 Chapel Street
London NW1 5DP
**Bankers**
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent ME19 4AT
**Auditors**
R E Jones
132, Burnt Ash Road
Lee
London SE12 8PU| |**Helen Hayes**
Vice Chair
Chair of Ethics and Practice
Committee to 20 July 2022|| |**Maya Rodriguez**
Treasurer
Chair of Finance Committee|| |**Laura McCarthy**
Chair of Ethics and Practice
Committee from 21 July 2022|| |**Sharon Citrone**
Chair of HR Committee|| |**Nicola Peers**
**Nadia Mahmud**
Joint Chairs of Marketing and
Communications Committee|| |**Cheryl Andani**
**Debbie Hartley**
**Linda McHugh**
**Joanne Baker**
**Helen Smith**
**Anthonia Ifeanyi-Okoro**|| |**Heidi Riedel**
**Chief Executive Officer**|| 12 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## _**Organisational structure**_ Woman’s Trust’s ultimate decision-making body is its Trustees, working collectively as a Board. The Trustees are the Directors of the company. Day-to-day management of Woman’s Trust is delegated to an employed Chief Executive, who is in turn responsible for delegating work to staff and volunteers. ## _**Executive and administrative Staff**_ Woman’s Trust maintains a small core staff, recruited for specific skills and experience. All our staff are women, dedicated to the ethos of Woman’s Trust and determined to provide women in London with the service they so desperately need. ## _**Therapeutic Staff**_ Woman’s Trust Counsellors are a mixture of fully qualified employed and sessional counsellors, plus volunteer counsellors some of whom are still undertaking their training. We reported last year in our strategy to increase the number of employed counsellors: we have increased recruitment from our newly qualified volunteers, our sessional counsellors and direct recruitment. By the end of the year, we had 15 employed counsellors. ## _**Office Volunteers**_ Prior to the pandemic, Woman’s Trust staffing was enhanced by many dedicated volunteers. Due to the many months of government required closures and without sufficient ventilation to be Covid-safe, our offices remained closed for the whole year. ## _**Trustee Recruitment, Induction and Training**_ The Board conducts a periodic skills audit. Board vacancies are advertised according to identified gaps. Candidates are interviewed by the Chair and one other Board member and, once shortlisted, invited to observe at least one Board meeting before appointment by the Board. On appointment each Trustee is given a welcome pack which includes information about Woman’s Trust services, the annual financial statements, job descriptions, roles and responsibilities of Trustees, the constitution, and the strategic plan. Trustees are given an induction to the work of the service at the charity’s office, spending time with members of staff who introduce the work to them. The charity provides opportunities for Trustees to attend internal specialised domestic abuse training and external training, including governance and charity finance. 13 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## _**Risk Management**_ The Trustees have assessed the major risks to which the charity is exposed in line with the risk management policy. The policy involves an annual risk analysis which forms part of the charity’s strategic planning process and the individual risk assessments of proposed new projects or developments. Annual monitoring is supplemented by update reports throughout the financial year. Where major risks are identified, the Trustees will take the appropriate action to ensure that these are mitigated. Major risks are identified below. |**Risk Identified**|**Mitigation response**| |---|---| |Reliance on Trust and
foundation
income
because public sector
policy
makers
and
commissioners do not
appreciate the mental
health
impacts
of
domestic abuse.
Increased
competition
for funding|We have increased investment in fundraising to further
diversify our funding streams so we can plan longer-term;
We maintain logs of all funding streams so that we know
exactly when a funding stream ends;
We closely monitor the bidding process timetables, so bids
to renew funds or obtain new funding are made well in
advance;
We build our annual budget based on secured funding and
the identified funding gap which becomes our fundraising
target for the year; and
We maintain contingency plans to make any necessary
service changes.| |The loss of one or two key
staff,
who
would
be
difficult to replace, or
replace quickly.
Increasing
difficulty
in
recruiting staff due to
higher pay being offered
in the public and private
sector, and the high cost
of livingin London|We have introduced some longer notice periods,
Where possible, we flex the staffing levels, increasing hours
for more experienced staff, and reshaping responsibilities to
make best use of the staff and volunteers we have available.
 We have documented systems, job handbooks, meetings
and plans to ensure staff and volunteers can access the
knowledge they would need to undertake new tasks.
We have reviewed salary scales and increased pay levels
where possible to be more competitive in the market.| |Insufficient
qualified
counsellors to deliver a
safe service|We have reduced our dependence on volunteer counsellors
by recruiting more directly employed counsellors and
continue to use sessional counsellors who may become a
pool of potential employed counsellors.| 14 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Statement of financial activities** ## _**Financial position**_ -  We met our fundraising target for the year -  We continued to improve the efficiency of our counselling service by using more employed counsellors. -  We continued to invest in new technology to enable remote working by all our staff -  We introduced a new IT system for Human Resources to improve the efficiency of our administration -  We increased our free reserves to maintain the sustainability of Woman's Trust at the new (higher) expenditure and activity levels. ## **Income** Woman’s Trust received £1,016,213 in total income in the year to March 2022. Unrestricted income of £512,612 made up more than half of Woman’s Trust total income. Of that sum, unrestricted donations and gifts increased from £80,000 to £114,230. Restricted income totalled £503,601, of which £110,438 was donations and gifts. **----- Start of picture text -----**
Woman's Trust - Sources of Income
2021/2022
£224,730 Grants and Project funding
Donated counselling services
£61,020
Gifts and Donations
£730,463
**----- End of picture text -----**
Owing to the continued pandemic, we did not need donated counselling rooms as services were delivered online or by telephone. Donated counselling services further reduced from £87,450 to £61,020 as we took on more employed counsellors in the year and reduced the number of sessions provided by volunteers. ## **Expenditure** In the year to March 2022, expenditure came to about £933,562 an increase of 22% on last year. As specific Covid-related grants came to an end, we increased the number of staff devoted to raising funds to grow our sources of income. Service provision costs increased by 15 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 over £100,000. The labour market tightened in the year and it was necessary to use specialist agencies and some agency staff during the year, increasing staffing expenditure. **----- Start of picture text -----**
Woman's Trust - Expenditure Breakdown
2021/2022
£14,725
£114,765
Raising funds
£186,948
Premises costs
Service provision
£617,124 Staff, Office and Governance costs
**----- End of picture text -----**
We expect to increase our counselling service provision in 2022 and costs are also likely to rise as we resume some face-to-face counselling and support. Expenditure on premises is likely to increase if we secure new premises and the labour market continues to be challenging as well as put upward pressure on salary rates. ## **Financial position at the end of the year** The cash position at the end of the year was £649,193, an increase of £82,651 or 15%. Restricted funds carried forward were £157,009, reflecting the fact that project funding is rarely aligned with financial years. The unrestricted funds stood at £492,182 at the end of the year, and this similarly includes designated funds of £40,000 set aside to cover project and £145,667 core funds carried forward. This leaves reserve funds of £306,515, an increase of £50,804 over last year. ## **Reserves policy** The Trustees review the reserves policy annually and the calculation of the required level of reserves is an integral part of the organisation's planning and budgeting. It takes account of the risks associated with each stream of income and expenditure being different from that budgeted, the organisation’s commitments and the planned activity level. The reserves policy requires free reserves (i.e., unrestricted funds excluding designated and Assets) to be maintained at a level which ensures that the organisation's core activity could continue during a period of unforeseen difficulty such as: 16 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 -  a funding gap, possibly whilst waiting for the result of an application; -  funding short term deficits in a cash budget, when paid in arrears; -  covering unforeseen day-to-day operational costs, such as paying temporary staff in the absence of permanent staff; -  covering unforeseen emergency costs. The Trustees believe that it is prudent for the financial reserve to be at least three months’ running costs to meet the above obligations. Our medium-term objective is to move to a 6 months’ reserve policy. We increased our reserves in 2021/22 in line with our increased core costs, and plan to continue this in 2022/23. At planned levels of expenditure, the target level of free reserves for 2022/23 is £306,515. ## **Going concern** Though some special Covid funding came to an end, the investment we made in partnership working has produced several new strands of multi-year funding starting in April 2022, most notably through: - `♦` the London Violence Against Women and Girls (LVAWG) consortium securing funding from London Councils and the GLA - `♦` The Angelou partnership securing funding from the tri-borough (VAWG) contract and the London Violence Reduction Unit. The net effect is that, whilst we still have a budget gap to fill, we believe our position is secure enough to give assurance that Woman’s Trust remains a going concern for the following reasons: -  budget and cash flow forecasts prepared show that Woman’s Trust has sufficient funds to meet its obligations for the next nine months and we have a fundraising plan, and fundraising resource, in place to raise funding beyond that time; and -  management information systems enable timely decision making. ## **Fundraising Practices** Woman’s Trust complies with the Fundraising Code of Practice and is registered with the Fundraising Regulator. Woman’s Trust does not use any professional fundraiser or commercial participator to raise funds on our behalf. No complaints have been received about our fundraising activities. The majority of our fundraising activity is applications to charitable trusts and foundations, and to statutory funders such as the NHS, Local Authorities and central government. We plan to increase our income from donations by community fundraising and building relationships with corporate and individual donors. Donations received as a result of active fundraising are dedicated to the purpose for which they were raised for. 17 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Future plans** Our medium-term goals remain: -  To continue to deliver high quality trauma informed services and play a significant role in the London-wide provision and improvement of specialist services offered to women affected by domestic abuse; -  Recognising that domestic abuse is part of a larger picture which includes sexual violence and child welfare, use our expertise to support integrated approaches to these overlapping issues; -  To grow capacity to meet further demand as women begin re-presenting after the pandemic eases. We are aiming for growth of 20% in service capacity in each of the coming years; -  To continue a mix of remote and face to face work and develop it to build on what has worked; -  To pursue partnerships with other organisations in response to the needs identified amongst the women we work with; -  To raise the awareness to funders and providers of the prevalence of domestic abuse, its impact on women’s mental health, and the benefit of the Woman’s Trust specialist approach in addressing that impact; -  To research the mental health impacts of domestic abuse and our interventions, to influence commissioning and delivery; -  To sustain the current capacity and delivery achieved in 2021/22; and -  To ensure the organisation is on a robust and sustainable footing, by continuing our fundraising effectiveness and maintaining our reserves at a level in line with our reserves policy. 18 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 ## **Public benefit statement** Trustees have referred to the Charity Commission’s general guidance on public benefit in reviewing the aims and objectives of the charity, in planning future activities and, in particular, how planned activities will contribute to those aims and objectives. Woman’s Trust’s charitable objects are to relieve women and children who are or have been affected by domestic abuse, by providing counselling and support services. Woman’s Trust’s services have the following benefits: - Improving the mental health of women affected by domestic violence, reducing the likelihood that they will suffer from depression, post-traumatic stress syndrome, suicidal ideation, or any of the other mental health conditions associated with domestic abuse; - Empowering women affected by domestic violence to function better and to make better choices, enabling them to live fuller lives through, for example, better relationships with other family members and people outside the home, improved ability to work, to control their own finances and to take an active role in society; - Contributing towards the safety and emotional health of children whose families are affected by domestic violence; - Enabling women in abusive relationships to build their knowledge of support services, social networks and personal strength so that they can mitigate risk, plan for a safer future, and understand what services are available to them. These benefits relate directly or indirectly to several charitable purposes including the advancement of health (primarily mental health), the advancement of human rights and citizenship, the relief of poverty and of those in need. In extreme cases, this can extend to saving lives as women are empowered to overcome the danger and damage caused by domestic violence. Woman’s Trust’s services are only for women who are or have been affected by domestic abuse, but are not otherwise restricted in principle. In practice, there are certain restrictions: - beneficiaries must be able to reach our offices or points of service delivery; - where our funding is restricted to particular local authority or other geographical areas, beneficiaries must come from those areas. This restriction varies from time to time as funders change; - counselling is available only in certain languages; - the needs of people with childcare (or other caring) responsibilities cannot always be met. Woman’s Trust seeks to overcome these restrictions where funding is available. All services are currently free to users and there is no exclusion due to simple inability to pay. All private benefits – to our staff, suppliers and volunteers – contribute directly to achieving Woman’s Trust’s aims. For these reasons, the Trustees are confident that Woman’s Trust meets the public benefit requirements for charities. 19 **Woman’s Trust Trustees’ Report Year** to 31[st] March 2022 Statement of Trustees, Responsibilities Company law requires the Trustees prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitable company for that period. In preparing these financial statements. the Trustees are required to- + select suitable accounting policies and then apply them consistently. • observe the methods and principles in Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland (FRS 102}', • make judgements and estimates that are reasonable and prudent., • state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., and • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial infomiation included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. The above report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Signed on behalf of the Trustees: Sally Field Chair Approved by the Trustees on Woman'sTrust Trustees. Report Year to 31" March 2022 20 Woman's Trust IndepondentAuditorfs Report To tho Officers and Trustegs of the Charity For the year ended 31 March 2022 inion We have audited the financial statements of Woman's Trust for the year ended 31 March 2022. which comprise the slalement of financial aclivilies, the Balance Sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and Unileé Kingdom Accounting Standards including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {Uniled Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial stslemenls: give a true and fair view of the slate of the charills affairs as al 31 MaTch 2022 and of ils incoming resources and application of resources, incluéing ils income and expenditure, for the year then ended, have been properly prepared in accordance with United Kingdom GenerallyAccepted Accounting Practice-, and have been prepared in accordance wth the requirements of the Charities Act 2011 and the Charity SORP FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. Basis for O inion Vve conducted our aLtdit in accordance with International Standards on Auditing IUKI IISAS IUK}I and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial slalements section of our report. We are independent of the charity in a￿ordanCe with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other elhicaS responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relatin to oln concem We have nothing lo report in respect of the following matters in relalion lo which the ISAS IUKI require us lo report to you where-. the Iruslees. use of the going concern basis of accounting in Ihe preparation of the 11 financial slalemenls is not appropriate,. or the Iruslees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubl about the charitls ability lo continue to adopt the going concern basis of accounting for a period of al least twelve months from 21 the dale when the financial statements are authorised for issue. 21 Woman's Trust Independent Auditorfs Report To the Officers and Trustees of the Charity For the year ended 31 March 2022 Other information The other information comprises the information included in the annual report, other than the financial statements and our auditor's report theroon. The officers and trustees are responsible for th9 other information. Our opinion on the financial slalements does not cover the other inlomialion and, except to the extent otherwise explicitly slated in our report, we do not express any form of assurance conclusion thereon. In conneclion with our audit of the financial statements, our responsibility is to read the other inforrnalion and, in doing so. Consider whether the other information is materially inconsistent Mrith the financial statements or our knowledge obtained in thè audit or otherwise appears to be materially misslaled. If we identrfy such material inconsistencies or apparent material misslatemenls, we are required to determine whether thèrè is a material misstatement in thg financial statements or a material misstatement of the other information. If, basèd on the work we have performed, we conclude that the￿ is a material misstatement of this other information, we are required to report that fact. We have nolhiThJ to r8POrt in this regard. Matters on which we are re uired to re ortb emce tlon In the light of th8 knowledge and understanding of the charity and its environment obtained in the course of Ihg audit, w& have not identified material misslaternents in the Iruslees, report. We have nothing lo report in ￿SpeCt of the following malters wheie the Charities Acl 2011 requires us lo report to you rf, in our opinion.. the information given in the Iruslees, report is inconsislenl in any material respect with 11 the financial stalemenls., or 21 adequate accounting records have not been kepl-, or 31 the financial statements are not in agreement with the accounting records and relums., or 41 we have not received all the inforrnalion and explanations we require for our audit,. or Res onsibilities of officers and trustees the preparation of the financial statements and for being satisfied that they give a Irue and fair view, and for such inlemal control as the trustees determine is necessary lo enable the preparation of financial statements that are free from material misstslement, whether due to fraud or error. In prèparing the fsnancial statements, the Iruslees are responsible for assessing the charills ability to continue as a going concem, disdosing, 8$ applicable, matters rèlated to going concern and using the going concem basis of accounting unless the trustèes either intend to liquidate the charity or lo Cease operations. or have no realistic alternative but to do so. 22 Woman's Trust Ind¢pendènt Auditorfs Report To the Officers and Trustèe$ of the Charity For the year ended 31 March 2022 Auditorfs res onsibilities for the audlt of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatemènl, whether due lo fraud or error, and to issue an auditor's report Ihat includes our opinion. Re8sonable assurance is a high level of assurance, bul is not a guarant88 thal an audil conducted in accordance with ISAS IUKI will always delecl a material misstalemenl when il exists. Misstatements can arise from fraud or error and are consid8red material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial slalemenls. A further description of our responsibilities for the audit of the financial slalemenls is bcated on the Financial Reporting Council's website al www.frc.org.LJklauditorsresponsibililies. This description fomis part of our aud((or's report. Ca abilit of the audit in detectin irre ularities includln fraud The obj8ctiv8s of the audil are lo identify and assess the risks of material misslalement of the financial statèments duè lo fraud or error.. to obtain sufficient appropriate audit evidence regarding the assessed risks of material misst8lemenl due lo fraud or error; and to respond appropriately to Based on OUT understanding of the company and industry. and IhroLJgh discussK)n with the directors and other management las required by auditing slandardsl, we identified that the poténtial risks of non-compliance with laws and regulations related to health and safety, anti- bribery and dats protection. We ¢onsiderèd the extent to which non-compliance might have material effect on the financial slatemenls. We also considered those laws and regulations that have a direcl impact on the preparation of the financial slalemenls such as the Companies Act 2006, iaxation and pension legislalion. We cornmunicated identified laws and regulations throughout our team and remained alert to any indicalions of non-compliance throughout the audit. We evaluated rnanagemenl's incentives and opportunities for fraudulent rnanipulalion of Ihe financial statements (including the risk of override of conlrolsl and determined that the principal risks were re1aled lo inapproprialg transactions to increase rgvenLJ8 or reduc8 expendilure, together with management bias, in accounting provisions. Audit pro¢&dures performed by the engagement team included.. Discussions with rnanagem&nt and assessment of known or suspected instances of non- compliance with laws and regulations lincluding heaY(h and safety) and fraud.. and Identifying and assessing the design effectiveness of controls that management has in place to prgvenl and delect fraud., and Performing analytical procedures to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks ol material misststement due lo fraud., 8nd Identifwng and lesling journal entries, in particular and manual entr￿S made al the year end for the financial slalements. Thgfe are inhgrenl limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also. the risk of not detecting material missiatement dua to fraud is higher than the risk of not detecting ong resulting from 8rror. as fraud rnay involv& deliberate concealment by. for example, forgery or intentional misreprenlations, or through collusion. 23 Woman's Trust Independent Auditorfs Report To the Officers and Trustèès of the Charity For the year ended 31 March 2022 As part of an audit in accordance with ISAS IUKI, we exercise professional judgment and mainlain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial siatemgnls, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not cletecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud rnay involve collusion, forgery, intentional omissions, misrepresentations. or the override of internal control. Obtsin an understanding of internal Control relevant to thè oudil in order to design audit procedures that are appropriate in the circumstsn¢es, bul not for the purpose of expressing an opinion on the eff8ctiveness of the internal control. Evaluate the aPPToprialeness of accounting policies used and the r8asonableness of accounting estimates and related disclosures made by the directors. Conclude on the appropriateness of the directors. use of the going concern basis of accounting and, based on the akjdit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the companls ability lo continue as a going con¢em. If we conclude thal a material un¢ertainty exists, we are required to draw attention in our auditor's report lo the related disclosures in the financial statements or, if such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtained up to the dale of our auditor's report. However, future events or conditions may cause the company to cease lo continuè as a going concern. Evaluate the overall presentation, structure and content of the financial statements. including the disclosures. and whether the financial stslemenls represent the underlyng Iransacts'ons and events in a manner that achieves fair presentation. We communicate with those charg8d with governance regarding, among other matters, the plannèd scope and timing of the audit and significant audit findings, including any significant deficiencies in intemal control that we identify during our audit. 24 Woman's Trust Indepondent Auditorfs Report To the Officers and Trustees of the Charity For the year ended 31 Mar¢h 2022 Use of our ro ort This Report is made solely to the charity, as a body, in ac￿rdanCe with section 144 of the Charities Act 2011 and the regulations made under section 1 $4 of that acl. Our audit work has beèn undertaken so that we ￿ight stste lo the Charity, those matters we are required lo slate to them in an audilorfs report, and for no other purpose. To the fullest extant permitted by law, we do not accept or assume responsibility lo anyone other than the Charity and the Members as a body, Darrèn Smart Istatutory Auditor) For and on behalf of R.E. JONES & CO Chartered A¢¢ountsnts and Statutory Auditors 132 Buml Ash Road Lee London SE12 8PU Data.. 251,,12Z 25 Woman'$Trust Ststement of Financial Activities lincorporating the Income Expendliure Account) For the year ended 31 March 2022 No¢• 19 2021 Total Funds 2022 Totsl Fvnd Not•s Uttr•*trl¢tsd Funds Re3tri¢ted Fund¥ Income and endovmioots from". O¢nglioDs 175,250 110.438 285,6Bt 168,428 Granis and prol¥¢i Ivnding Inv¢¥imenl Income 337.30D 62 393,163 730,463 62 837,704 83 Total income 512.612 503 601 I,D16.213 10tr6 213 Expèndilure on- Fundrai$ifjg costs Charilable eX￿n￿lI￿re Provision of counsellin9 8nd support services 114.765 114.76S 61399 297,368 S21.409 118,797 711A44 Total Expenditu¥* 412.153 521.409 933,$62 773,143 N*t In¢ornvllExp•ndltur•l 1(KJ.459 82,651 232.371J Translers betrfmen futtd$ Nqt IncOm￿(EXpl￿dI1Vrv) forth¢ Year 100,459 117.8081 82.651 232,370 Total Fund$ 4t 1s¢ Aprll 391,724 174.818 334.172 Total FundA Ya at 31st March 1S 492.182 157.011 26 Woman'sTrust Balance Sheet As at 31 March 2022 Notss 2022 2022 2021 2021 Fixed Assets Tangible assats 11 17,920 21,554 Current Assets Debtors Cash in hand and at bank 12 121,270 560,841 15.708 579.676 682,111 595.384 Creditors: Amounts falling due within one year 13 50,837 52,120 Nel Current As$ets 631,273 543,264 Net Assets 649,193 564,818 Funds Restricted funds Unreclricled funds Designated funds - Cofè funds clfwd Gèn8ral funds 14 157.009 174.818 1S 40,000 145.667 306.515 40,000 96,013 255,711 Total Funds 649,193 566,542 For the y8ar ended 31 March 2022 the company was entitled to exemption frorn audit under section 477 of the CornpanEs Act I'Th8 Act I relating to small companies. The memb8rs have not requirèd tho company to obtain an audit of ils financial statemenls for the financial year in question in 8ccordance wrth section 476 of the Act. The directoTr acknowledge their responsibilities for complwng with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of fin8nC181 5tat8ments. These financial slalements hav8 been prepared in accordanc8 with th8 provisions applicabla lo companies subject lo the small companies. regime. Th8 notes on pages 27 to 40 form part ol the financial statements. Approvèd by th8 Trustees on and sign eir If by.. Chair- Sally Field Company Registration Number.. 06886781 IEngland and Wal8sI 27 Woman's Trust Statement of Cash Flows For the year ended 31 March 2022 Notes 2022 2021 Net Cash Inflowl{Oufflowl from Operating Activities 15.905 243.486 Investment income Purchase of tangible fixed assets 62 12.9931 83 121,5991 Net Cash Inflowlloutflowl provldod by investing activities 2,931 21,516 Change In cash and cash equivalents in the year {18.8361 221,969 Cash and cash equivalents at 1 Aprll 2021 579,676 357,707 Cash and cash equivalents at 31 March 2022 560,840 579,676 Notes to the statements of cash flows for tho year to 31 March 2022 A Reconciliations of net movement in funds to net Cash provided by lused In} operating aetivities 2022 2021 Nat movom•nt in funds 82.651 232,370 Adjustments for: Depreciation Investment income (Inc￿as&ydecre8$e in debtors Increaselldecreasel in creditors 8,351 1621 1105,5621 11,2831 4,717 1831 115,1461 21,628 Net ¢a$h (used inl providad by operating activiti8s 15,905 243,486 B Analysis of cash and cash equivalents 2022 2021 Total cash and cash equlvalents.. cash at bank and in hand 560,840 579,676 28 Woman's Trust Notesto the Flnariclal Statements Forthe yeaTended 31 March 2021 counltrng PDIicw• Accounllng Convonlfjon The financpal slalemenis have be&n prep8rel undpr thg hK%torul cost ¢Wvent￿n 8ThY In ￿￿Or￿anCe V•ilh the FIN4￿￿81 Re￿11￿9 Slandard applicaW8 In the UK R9putyi￿ of Irelpnd IFRS 1021. Thp wmpony is o bpnfjlil gniityfor PUTW$es of FRS 102 d a regL¥tered thanly eslèblished as a eompany limited by guaraniee and IheTelore has 8150 p￿pared Its fina￿131 staiements In nce ￿th stsiemsni ol Recommended Prac￿￿ applicable to chanlies prepannp I￿1r actounts In accNdance w￿1h the Finan￿81 Rew1in9 Sta￿ard applicabie in the UK 2nd Republic ol Irela￿ (The FRS 102 chan1￿5 SORPI, Ihe Companie5 Aci 2W6 d Chani*s Act 2011. The finan&￿ statem￿tS are prepared In slerfiw. which bs the fUnCt￿n￿ currerw of lh& chanty. esenled are rOU￿ed 10 the neare51 pound. Golrtg Concgrn Th9 Itusle98 havg aSSPSSfd w￿￿[ Ih8 us8 ol wing (￿n￿@M is amropriat@ h3v9 considgrtd PtrSitd8 èv8nts oreondhM)ns ittai might Cagl *nificani ￿￿bI on the ability ol tth chariiablÈ eijmpany to cont1n￿ as & wrKJ ￿ne￿I. T￿ tIU8tees hav& made thi5 Assèssmeni lor a perth of al leasi one year from Iho date of ihe aFyroval of Ihese financ&al $￿ter￿nts. In particular, ihe Iwslee5 have con5NJered the chantable compaDy'5 Torerasis and projecti￿5 have &ken a￿OU￿1 ol kwe55ur95 On In¢omg. After making quirigs. th8 Itwle95 have con¢ludg0 thyt Ih&ra is a 9xpadylion that Ihp ch3ritab19 company ha5 adEquata r8sourc85 ia tontinu@ in op8ralHJnal 8xi5t8nc& forlhe fulur8 Th8 chs1iiabl8 cllrnpsny th8ief(x& continuBS to adopt IhÈ t￿tt￿m ba￿$ In ptsphring its fironcia1sL8￿m￿nts The trtssiees have con*dÈred the hTVaCt of Cov1&19. crtdcal a¢¢outhtlng •6tlmat•s and ar•èG of Iu+Jg•m•nt Preparalion ol thfj rEquires the TrustEe5 to ￿9r￿fican1 judgemenL5 and estimates Thé rf8mS in Ihè a¢t￿ntI whérè jud94mÈnL% ar￿ èslimaiès havè madè arè In •SiknMatin9 us•ful KonrAnlc I￿e ol ngwble fixed assets. lThcomè In¢omg rs rgwgni$Fd in Ul8 pori¢￿ In Ihè Cha￿ 1> to rèwpt amwnt can Wilh rèasonablè torta￿ty and11 Is that thè IrLeiJm&vAII bè r6c£lvèd Grants from govemmeDt and olhei agenoes have been kiduded as Inccrt* from charitable athvi1195 Whe￿ these arnLwDI lo a onlract lor se￿￿5. as donaboTrs Ylhere the rnoney Is gven in r8swnse to an app8al 01 with ryealfrr treedom of u89. fl f￿¢￿rg fut￿1￿9 DoDaied services comwse thnatbyj lo Ihe thHritybYvWlL￿ coun5dbrs. the ¥*uoof these 5ervic95 15 estsrnaled based o ihe numbprol 56SSI￿5 altended. Donaiad rorJm$ e(*nws• mt>ms dtsn*èd cherfty by varR)us wov￿&￿. ènd Ihk v8lu@ is éslimatsd bAsÉd on thè ntsmbèr ol hDurslhe irjoms are reserv￿ to W￿lde£cunse1lsry servKes. R•sourc•s EMp•nd•d Exper￿1￿1& is Indu￿￿ m ihe statemeffl of ￿l¥￿Ie5 vthen hicurred And Includ89 Bny alli￿tab￿ vat wN¢h cannot be recovered Chadi&bk •xpondiwFe ctmprtses eyndrtwe on ihè chthtys ptthary wrpDSèS l.•. providlng coun9dling and oth service5 lorwoThnwho have been sutyecllo d0mesthcv￿enCe. Tangiblo Fix•d and DBprqciati¢m Tangibb fixed assets are al ¢osl Igss Jew9crJV¢*i. Deprery*￿n V6 prow080 al rale5 to off Ir* ¢0$1 lèg$ é$timèi*d rè$ldual Va￿¥{￿•a￿ assèt as Idlows Fumilure8 EquymBnl 25% straigN line As¥els are deprecwtsd for a Wore year In Ih8ye8r ol awuBilion arwj MI al al ￿ th& year ol disp(hEal Nerns cosliry less Ihan £5 Are noi treated as fixed Assets bul ins￿￿ arÈchÈrged as expÈnsea In the t￿Y are pUrc￿Se￿. Flnanci41 Inslrurnent Cash and cash 4qulvaleftis Cash and rash eqUiva￿nIs wKlude altsaths in ha[￿ short lerrndgwsil8 with a ￿￿tu[rfY dJl¥ of three orles¥. 29 Wofflan'5Trust Note5tothe Financial Statements For theyear ended 31 March 3021 countlt¥J Poll¢lfjs IcoThtSnugdl D&btors*nd oth•rrnc•lvabl•s tsgbtor5 a￿ re￿rni*d 51 th8lrsthkn￿nt amL¥Jnl, ￿sS any pthslon far rw-re¢tyetabdty. Prepayments are Y￿ueS al the amounl pr9pawJ. They hève bAèn diStOunt¥d ID presenlvalueof the fthure cash rtteytN*l*re discountiw Is mateiial. Crediits¥ provisions are recogniged when thgrp ￿ an owigalion al the balartt shÈei dale as a r8sull al & past avent. It piob8bl8 tNryl a iran51er of econcthic benefit wll ￿qUired ￿ 5etllem8nl, and the amount of the setilèmBnl can be 6stwn81@0 relatly. Crèditors provI5￿rts are recogThtsed At the afi￿￿nt Ihp tharily antKipales it *ryll pay to seiiie the thbl Thèy havè ￿￿¢(AInted tolhg prewl value of1￿ fu￿re c85h peyrnents véhÈre discovnting is maleri¥. Fund kcounting The unreslneted g8n9ial funds comprise the monieswhich mty be u$8d towards meet￿9 the C￿nia￿4e obleciivas of the charity and rnay be BppliÈd Èt the drscrelK￿ of the Tru51ees. Wiihin unresiri¢￿d funds, cerfain have èeen de%gnaled ty the Trusteos forspec41KpuryMises. Details of Ihew ye given ￿ nole 15 tolhe fiTr3nclal statements Resthded fund5 Corn￿$e mnies rdlsèd lor. or vstr restnctgd to, a specKic pwr¥JSO. or c￿tr￿Ul1tsrn$ subj$¢i ¥tWsgd restrict￿tts. 0￿￿lIng LawJes Rental$ appl￿￿)￿ kn 0￿r￿lI￿ leases where s￿Stan11allY vjl of the benefiis ol ovK￿rShip remain the kssor are ch￿990 to the slatemeni Off￿ancIaL &tivrt*S as incutr84. Penslon CDnthbutio￿ lo empbyee¥ pèr$￿91 pension plans ar￿ to 51akeMder 5chèmÈg arè ¢*c4yllised h Iho Statement of fina￿431 Vlhgn payatrAe. 30 Woman's Trust Notes to the Financial Statement5 For the year ended 31 March 2022 2 Donations Unr•strieted 2022 Restrlcted Unrestricted 2022 2021 The donations a￿ made up as follows.. General donations Donated servlces Counselling rooms Counselling services 114,230 110,438 80,976 61,020 87,450 Total 75.250 110.438 168,4 Donated services comprisè.. Time donated lo the charity by various counsellofs, the value estimated based on the numbèr ol sessions 8ttend8d at £30 per se5s10n. Rooms donated to the charity by various providers. the v8lLJe estimated based on the numbers ol hours1£10 per h(￿rI for which the roorns are reserved to provide counselling services. No roorn don8ted this year due to remote working. 3 Charltable Activitles Charitable activitre5 are rnad8 up of grants and project funding as follows: 2022 2021 Leatherse11ers' Company Charitable CAF Résiliènce Fund Haramead Trust Lloyds Bank Foundation, England and Wale8 Impact 100 NHS West London CCG City Bridge Trust RBKC- Children ènd Families The Everest Trust Two Magpies Fund The London Community Foundation Gowling WLG Treebeard Trust The Edward Gosling Foundats'on Leonie Schroder steven Prevezer Charit8b18 Trust Sir Jules Thom8 Trust Edw8rd Harvist Newby TTUSt Tèsco & Marsh Christian Trust Dudley & Geoffrey Cox Trust Garfield Weston foundation Souter Charitable Trees Cazenove Charitable Society of the Holy Child Jesus Hardship lundslLon Catalyst. Arnold, Father etc Hans Rausing Trust Unrestricted funds 10,000 15,000 3,850 5.000 25.(X)O 33,000 27,￿0 44,319 34.000 27.908 47,674 26.500 26,500 5,000 15,000 5,000 1.000 25,000 5,000 5.000 140,000 500 1,500 500 1.250 3.000 3.000 850 5,000 400 5.000 20.000 3,000 750 25.000 2,750 83,167 346.018 337,300 31 Woman'5 Trust Notes to the Financial Statements For the year ended 31 March 2022 3 Charitable Activitias {¢ontinued) 2022 2021 Peter Slebbing5 M8mori81 Charity CAF Resilien¢e The National Lottery Community Fund - Counselling The National Lottery Community Fund - Support Groups City Bridge Trust London North Eastern Railway Daisy Trust Westminster City Council Dudlay & Geoffrey Cox Chafiiabl8 Trust East End Community Foundation Dr Edwards & Bishop Kings Fulham Charity Candy Foundation Hackney Parochial Charities Tower Hamlets Local Community Fund Hammersmilh United Charity Hyde Park Place Esialg Charity Cadogan The Lc>ndon Community Foundalion Icenlreviewl London Borough of Hammersmilh and Fulham London Catalyst MOPACIMOJ 29th May 1961 Wesiminster Ward Councillors MIND ICMHRFI Merchant Taylors, Consolidated Charities The Goldsmith's Company Tes¢0 Assura Community fund Strand Parishes Trust The Danson foundalion & RSA Community Westminster Almshouses London Community Foundation COVID Wakefield and Tetley Trust London Borough of Newham Advance Westminster Amalgamated Charity Paddington Welfare charities Pathway Trust Denlons Matrix Causes fund 10,000 6,150 52,706 105,454 46,250 50.000 2,000 102,537 37,500 1,100 30,000 5,000 7.000 2,000 5,373 10.000 15,007 19,279 1,000 19,279 10,QOO 5,000 5,000 16,666 4,000 3,000 46,549 4.000 3.333 45.540 49.990 14,800 3,000 1,000 4.987 5,665 6,500 6,000 10,000 37,675 10,000 11,750 28.759 10,000 8,000 500 1,500 1,000 3.000 Restri¢ted funds 393,163 491,686 Total 730 463 837 704 32 Woman's Trust Notes to the Financial Statements For the year ended 31 March 2022 4 Invostmgnt Income Unfe5tri¢tsd Unrestrlcted 2022 2021 Bank inlorest received 62 83 S Ralsing funds Unrestricted Unrestrlcted 2022 2021 Staff costs (note 91 Other costs 107,954 6,810 60.802 1,596 114,765 62,399 33 ¢4) v In 17) ojva ryoffj i¢Ji tr? J(0 O¢Q ¢D¢Q)(ry - N (F> (nro U> C rae4 Ito￿tr) *Ly ¢TI¢Q￿o ¢OTrl r Couv￿[￿>¥0c)￿o Woman's Trust Notes to the Financial Ststements Forthe year ended 31 March 2022 7 Go¥grnanee Costs Unrestrl¢ted 2022 Unrestricted 2021 A¢¢ountancy Staff costs (note 101 4.800 9,456 4,800 9.295 Total 14.095 8 Net Movement In Funds This is stated after charging.. 2022 2021 Stafl costs Intste 91 Audit fees IinclLJdin9 VATI Depreciation Operating lease renta15 and business r818s 725.063 4.800 8,351 14,725 527,036 4.800 4.717 14,561 Thè full office rent Is £51,000 but discounted due COVID-19 as staff continue to work from home hence the low arnount shown 9 Staff Costs 2022 2021 Staff costs during the year were as follows.. Wages and salaries Social security costs Employerfs pension contributions 601,541 40,256 15,244 469.408 32,009 13,244 657.041 514,661 Self employed staff Agency staff cost Other staff ￿lated costs (training, supervision, and travell Staff recruitment 41,922 2,602 5,850 20.250 5,942 3,831 527,0 2022 2021 Staff costs by function were as follows: Fundraising Marketinglsocial Media Provision of COLJll5elling and support services Administration Governance 107.954 60,802 1.248 293.097 162.593 9.295 7.036 434,012 173,640 9,456 25.0 35 Woman's Trust Notes to the Financial Statements For the year ended 31 March 2022 9 Staff Costs Icontinuedl No employee benefits (excluding employer pension costs) earned more than £60,000 per annum during the ye8r12021'. none). The average number of employees during the year was 3212021= 251. The key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to éay basis cornprise the TrLJslees, the Chief Executive, the Fundraising and Development Manager, Therapeutic Services Manager, Operation5 Manager and the Finance Manager. The total remuneration including pension of the key management personnel for the year was £173,70212021'. £173,484>. No Trustee received any remuneration in respecl of their services as as trustee during thg year12D21." nonel. No expenses werg reimbursed lo Trustees during the year12021.' none). 10 Taxation Woman's Trust is a registered charity and thgr&fore is not liable to income tax or corporation tax on income derived from ils charitable activities. as il falls wlhin the various exernptions available to registered charities. 11 Tangible Flxed Assets Fumituro & Equipmont Cost At 1 April 2021 Additions At 31 March 2022 43,758 2,993 Depreciation At 1 April 2021 Charge lor the year Al 31 March 2022 20,480 8.351 28,831 N&t Book Value At 31 Mar¢h 2021 At 31 Mar¢h 2022 6,395 17,920 12 D•btors 2022 2021 Dtsblors and prepayments Accrued incom8 744 120.526 708 15,000 121,270 1 5,708 36 Woman's Trust Notes to the Financial Statements For the year ended 31 March 2022 13 Creditors- amounts falllng due wlthin ong year 2022 2021 Creditors and accruals Dèfèrred income Tax and social security Other Creditors 11.944 11.806 17,722 9,365 8.273 20,373 10,967 12.507 Total 50,837 52,120 2022 2021 Amount brought forward Released in year Dèfèrrad in year 20,373 {20,3731 11,806 10,000 110,0001 20.373 Amount carried forward 11,806 20,373 37 Woman'5 Trust Noies to the Financial Statements For ihe year ended 31 Marth 2022 14 R08tri¢tpd Furbd5 At 1 Ap￿1 Incomo Exp•ndltu¥• 2021 At31 Alarch 2022 lond¢￿ North EasiBm Railway The N*ion81 CotnTnunity Fund- Support Groups Charlt¥ Hayward Foundabon ¢harle¥ S French Charitable Trust Lady Balogh Trust Westminster Wmshwses Dr EdwaTds & Bish(p Kings Fulham Charity East End Ccmmunily FouDdalvJ UNIT In Hammersmikn & FulhaTn Hyde Park Place Eslale Charrty MINO ICMHRFI Ha¢knsy Parochral ch￿ties Cadogan London Catal￿1 EaBI London Tp5CD Denlons Merchanl Ta￿cIr5 Adv¥n¢e Candy Found¥iK)n Ministry ofJustr¢e WPACIMOJ Assura Comrnunily ￿nd Cityol LondDn SDliGitor6 Mammersmiin a ruinam rasi Trxr.k Tower Hamld Local Comm Fund 50,000 50,000 39.341 105.454 13,626 1.000 657 1.000 657 10.000 10.000 5,373 5.373 5.916 5.916 10,(K)O 4.487 5.513 1.536 9.641 13,686 9,641 13.6B6 1,000 15,674 28,759 2,498 46,549 4,987 15.874 28,759 10,000 46,549 7,502 4,987 750 750 3.033 3.033 2,507 1.201 19,279 6,OOQ 1S.062 7.201 5.724 sirand P¥nshts Trust Paddinglon Welfare. Rolary & Royal La￿aster The Danson Foundatith. RSA Gomm. elc London Community FoundalK>n IC$nlrevi*wl The Daisy Trust WeslmiTh51er Arnalgarnalod Charity L8 ofweskninsler LB ofNewham City Bridge Trust Wakefield & Teuey Trust Vanguard Thtr Worshipful Wesiminsbr Ward Counrillor5 29th May 1961 Vitd FDundalio CVC Philanthropy alrrx Causes fund wes￿8Y Trugt P8ihwayTrust 1.070 1,000 2.070 11￿78 11.578 16.666 3.549 1.739 10.0(K) 22,500 9,834 62,250 4,353 15.054 7,585 3.333 1,347 13,117 1,361 1,100 10.O(K) 22.500 23.500 4.353 46.250 7,500 19,724 10.263 3,333 4,000 29.451 .000 3.000 4,670 2.678 2.653 29.4SI 50.000 3.000 2.290 1.500 521.410 2,290 1.500 503.601 174,818 157.009 38 Woman's Trust Notes to the Financial Statements For the year ended 31 March 2022 oses of Restricted Funds The reslricled resour¢es ¢omprise donations and grants from individuals or organisations to be expended for the continuation of counselling projects and support groups. 15 General funds The general funds of the charity include the followng designated funds which have been set aside out of unrestricted funds by the Trustees for specific purposès.. At 1 April Income 2021 Expenditure At31 March 2022 Designated Funds.. Provision of counselling service- projects Projects - operational costs 25,WO 25,000 25,000 25,000 15,000 15,000 15.000 15.000 40,000 4D,000 40.000 40.000 General Funds 351,724 472,612 372,153 452,182 Total General Funds 391,724 512.612 412,153 492,182 All designalgd funds will bg spent within 12 monlhs. General funds split Funds clfwd Reserves £145.667 £346,515 39 Woman's Trust Notes to the Financial Statements For the year ended 31 March 2022 16 Analysis of net assèts between funds General Funds Restricted Funds T+)tal 2022 Fixed assets Current assets Creditors.. amounts falling due within one year 17,920 503,930 17,920 682,111 178,181 129,6661 121,1711 150,8371 492,182 157,010 649,193 17 Lease commitmgnts Al 31 March 2022 Woman's Trust had lolal commitments under operating leases on land and buildings 89 follows.. We are on a tenancy al will with one monlh notice and no cornmitment for the year. 18 Rèlated Party Transactions There were no related party transactions in the financial year12021.'nonel 40 Woman's Trust Notes to the Financial Statements For the year ended 31 March 2022 19 Prior Year Statement of Financial Activities 2021 Total Funds Notes Unrestri¢ted Restricted Funds Funds Income and endowments from: Donations Charitable activities Investment income 152,723 346,018 83 15,703 491,686 168,426 837.704 83 Total income 498,824 507,389 1.006,213 Expenditure on: Raising Funds Charitable Expenditure 62,399 294,138 62,399 711,444 417,306 Total Expendlture 356,537 417,306 773.843 Net In¢omellExpenditurg 142,288 90,083 232,371 Transfers betw￿n funds 7,475 17,475 Net IncomellExpondrturel for the Year 149,763 82,608 232,371 Total Funds as at 1st April 241,964 92,208 334,368 Total Funds as at 31st March 15 391,728 174,816 566,542 There a￿ no recognised gains and losses other than those passing through the stalemont of financial activities account. incoming resources and resources expended derive from Continuing a¢livities. 41