Company registration Iiumber.. 07588144 Charity registration number.. 1146410 Nottingham Central Womens Aid (A company limiied by guarantee) Annual Report alld Financial Statements for the Year Ended 31 March 2023 Cojnmunity Accounting Plus Units l & 2 North West 41 Talbot Street Nottin¥hatn NGI 5GL
Nottingham Central Womens Aid Contents Reference and Administrative Details Trustees, Report 2to6 Independent Examiner's Report Statement of Financial Activities 8t09 Balance Sheet Notes to the Financial Statements 11 to21
Nottingham Central Womens Aid Refer¢n¢¢ and Administrative D¢t#ils Tru5t¢es Amanda Hanson Janet Hylton Nicki Wilkinson Jane Wam'szczak Leila Henry Erin Skelton Senior Management Tea Sam Bowle5, Refuge Manager Charity Registration Number 1146410 Company Registration Number 07588144 Rtgisttred Office 27 - 31 Carlton Rliad Noitingham NGJ 2DG Independent Examiner Johii O'Brien, employee of Commuiiity Accoiinting Plus Units l & 2 North West 41 Talbot Street Nottiiighani NGI 5GL Page I
Nottingham Central Womens Aid Trust¢¢s' Report The trustees. who are directors for the purposes of company law, present the aiinual report together with the financial 5tatement5 of the charitable coinpany for the year ended 31 March 2023. Trustees and officers The trustees and officers serving during the year and sin¢e the year end were as follom's.. Trustees.. Amanda Hanson Janet HyltL)n Nicki Wilkinsoii Jane Wawszczak Leila Henry (appointed 13 February 2023) Eriii Skelton (appointed 24 January 2023) Structure, governance and management Nfjlure ufgoveriiin¥ documenl The Ll)arity is a compaiiy litnited by guarantee and registered Charity. It is operated under the rules of its Tnetnordndum and articles of as50Liation dated 17 March 2011. It has nts 5hdre capital and the liability of each Mernr in the event of winding-up is limited to £10. Recruilmenl umd appoinlmienl ofiruslees Overall management of the charity is the responsibility of the trustees who are elected and co-opied under the terms of the memorandum and articles of association. Trustees are recruited through advertising on the websiie and through infonnal iiiterest at publicity events and also through the national voluntccring 'Do It, website as well as through personal professional recommendations and llnsolicited interest and applications. Objeetives and activities Ohjects ftim.% To promote the protection of women and children who have experienced or are expeTiencing domestic violence and abuse b), such mea]is as are charitable. To provide teinporary refuge 011 request for woineii aiid children who have experienced tsr are experiencin domestic violeiice aiid abuse of a ineiital, physical, emotioiial, psychological or financial nature M'ithin an intimate 01 fainily type relati0115hip or wlio have been subject to rape or sexual abuse; To promote re5eaich and education coiicetninu domestic violence aiid abuse and the publication of useful results of such research,. To provide advice, support and practical help to any woman who seeks it whether or iiot she is a resident of the refuge. Central Womens Aid will operate usually but not exclusively iii the area of Nottingham Ciry. Page 2
Nottingham Central Womens Aid Trust¢¢s' Report Objectives, 51Tulegies andartivilies We provide tetnporary accotnmodation and associated support and trauma informed services including coinmunity gTroups and traiiiingl sessions for su1VorS and professionals. We work to promote research and education concernin¥ domestic abuse, such a5 the freedom progFramme, om'ii MJ. life and the publication of results of research to infomi better future services. We are based ii) Notlingham Lity and take relerrals from across the country supporting women and childrei) to find safety. This includes fainilies who have beei) through our resettlement service ai)d then are further subjected to post separation abuse. coercive control. stalking and harassment and those w.ho are going through prolonged court cases both Lrimii)al and family cases. We are a specialist serviee supporting families who face muliiple disadvantage in order to gaiii the best outcoines for vulnerable families. To provide advice. support and practical help to any woman who seeks it whether or noi she is a resident of the refuge. Central Women's Aid will operate usually but nL)t exclusively in the area of NL)ttingham City. Publi¢ benefil We provide temporary emergency accommodation 011 request for woineii and childreii who have experienced or are experiencingT domestic violence and abuse of a mental, physical, emotioiial, psychologFical or financial nature 'ithiii an iiitimate or family type relationship or who have beeii Subject to rape or sexual ab115e. The trustees confim) that they have complied with the requirements of section 17 of the Chariiies Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Achievements and performance We have accommodated i7 women and 68 children this year and supported a further 52 women and ?6 children with resetilement and community supporr. The J additional properties secured have enabled the coniinued movement of larger family groups into separate housing to ease the strain on fixed space accommodation ai the Refuge. Whilst this has been beneficial, the post pandemic shortage of community properties to facilitste a permanent home for these families has been incredibly slLlW. We have moved reserved funding into a separate account overseen by the Trustees to enable the purchase of another property in our continuing development and expansion plans. This includes discussions with other Nottingham based housing associations to build relationships and a potential partnership with Ihem to secure extra move-on properties. In June 2022. we hosted a dinner event which celebrated the 10-year anniversary of our reopening in 2012. This event was attended b). over 100 existing and potential sponsors and co-working partners here we provided a history of our development and shared our anticipated plans for the next l O years. The event was fiinded by an anonyinolls sponsor so there was no cost to thc Charity. The attendees heard stories both live and virtual from women who have been able to start a new life, free from fear, with the siipport of both the accommodation 5ervice5 and the endles5 hours of advocacy and guidance from the staff, M'ith the 5trategFiC counsel of the new Trustee Board which M'as fonned frotn 1st March 2022. The continuing growin¥ attendance at the Freedom Prowinme comtnunity 5UPPOrt group5 evidence that thi5 activity 15 well uounded and beneficial to the participant5, who share their knowledge Th'ith others: Th'ho then engage with us. In addilion. key staff have beei) trained in a Power of Change programme which is the lollow-on stage froin the Freedom programme and Own My Lite and we have secured oftice accommodation and a meeting room to host these events without additional cost. within a local and easily aceessible community Lentre. Page 3
Nottingham Central Womens Aid Trust¢¢s' Report Oiir involvenient with the Response to Complexity project has a150 been maintained and enables us to continue close working relatioiiships with other OTgTani5ations and provided opportunities to deliver wraparound siipport for women facingF multiple and multifaceted disadvantage. The period ha5 continued to see ongoing challenge5 Post pandemic and we have become more robust and flexible in both ways of workii)g and financial management to coi)tinue to Ineet the best outcomes for all ol. the beneficiaries having coi)tact with our services. We have benefitted from ancillary support via Lloyds Bank which has enabled us to create and build upon a Fundiaising Strategy and Communications Strategy. engaging our Trustees and utilising theii Mide skills sets which gives us renewed enthusiasm ii) also managing our Risk Register with confidence. All these strategies shape our ability to ctsmmunicate most effectively witl) potential partners and share our service outcomes: to both atiract and secure new sponsors which will fund further enhancement of L)ur provision and ampl}, fulfil our charitable aims. The existing supporters from last year have sustained their delivery of goods or services, faras Angels have coniinued to provide us with essential items for families moving into the community and additional items for families in refuge. The Soroptimisis continue to provide welcome packs and individual grants to women in crisis and offer extended support when essential items such as carpets or furniture would not otherwise be available. Perpeiual commitment to our Charity has been from the Buddy Bags Foundation and Kids Oui as parr of the services we provide to children accessing the refuge. Staff and Trustees have undertaken traiiiing to underpiii their kno..[edge and service provision. We now have two qualified Mental Health First Aider5. The team all participated in a session oli Micro-a¥¥res5ion5. which 15 ielevaiit both inside and outside their workplace. Further trainin¥ ha5 been approved for Coinplex Need5 education for another member of Staff. 50 in addition to the team havin¥ development to enliance tlieir Skills, we are a150 ITllti¥atin¥ against key-per501i dependenc}. and reco¥ni5in¥ tliat havin¥ tnore staff with thi5 enhanced knowled¥e deinon5trates to the coinmunity that we are dedicated to deliverin¥ the best service we can for the women and children who come into our care. We have engaged volunteers to expand our online profile through social media to both reach women who may be in need ai)d to foster our supporter base, which default secures continuity of service into the luture. In recognition ol'posi pandemic anxieties, our AGM w'as hosted online and was well attended. even attracting a new Trustee to our Board. Following the feedback on the benefits of extemally funded wellbeing resources. w'e engaged our own intemal member of staff as a development opportuniiy. utilising her previous skills, and this has had a consistent and well attended cohort. with an additional advantsge of skills sharing beN'een the women in residence. This also encourages friendship groups once families and individuals leave the Refuge. For the majority of this period our Big Lotteries Grant and Lloyds Bank foundation continued to fund our support worker providing specialist support to survivors of domestic abuse facing multiple disadvantage and Complex needs and contributing to our Continued recognition as the specialist complex needs provider within Nottin£ham City. The tireless Ork of the manager, the team and volunteers, despiie Ihe emotional frustraiions with post pandemic delays in availability of properties to move on 10,. the service is still recognised for the high value of positive outcomes and professional consistency. Throughout the period there have been numerous technic81 and practical undertakings to remain in line with ever cl)anging legislatiot] whilst providing a safe, secure, homely environment for the women and children we are supporting. Page 4
Nottingham Central Womens Aid Trust¢¢s' Report Finaneial revie aur ciirrcnt financial position is that some grants have ended leaving us with a slight deficit budget for 23124, we hope to obtain further ndIng for pi)sts and po%itive indicatii)n% have been received regarding this. If nding for esscntigl expendIre is not secured immediately Ihis will be met [hroU our reserves which are currentl}. at a hcalthy level. Overall we are happy with our current financial position and the designated funds we hold to ¢ontinu¢ progressing the support and services we are able to provide in line with our 5 year strategy. Pollty reserves NCWA wish to maintain a reserve amount of 6 months running costs to tover unexpected and unplani)ed events so that the charitv's 'ork can continue. These might include Covering unforeseen day-to-day L)perational costs, fL)r example.. employing temp)rary staff to cover a long-temi sick absence. A fall in a Sliurce of income, such as reduction or cessation in funding arrangements. Planned commitments, or designations, that cannot be met by future income alone. for eyample plans for a major Capital project. The need to fund potential deficits in a cash biidget, for eyample money may need to be spent before a funding grani is received. In deciding the level of reserves trustees will tske into account NCWA'S annual budget. The management committee may designate reserves for an identified purpose {maternity leavelsickness coverlsettlement}. The nianagement committee and manager are responsible for ensuring that the level and use of reserves is monitored. They M'ill Compare the amount of reserve5 held with the target amount or tar¥et ranue Set for reserves. Explain aiiy action being takeii or planned to bring re5etTres into line with target. Include tliis infoTmation iii the Account5 aiid Annual Report. Prlnclp41 rlsAs undAncerlainlles Luck of income The refuge not being full to capacity for an extended period of time would have a negative affect on our income. We have a number of time limited contracted services and various different grani funding streams which are due to come to an end but we are working to identify future funding opportunities and further diversify our income sources and increase subscriptions and donaiions for increased stability. A downtum in Ihe economy can affeci ndraising so we are mindful to diversify our ndIng strea]ns to miiigate this possibility. Havin&T inadequate insurance cover iii the event of a claim could cause finatjcial detriment so we seek to ensure that the insurance protection is viable annually. Fraud is alwavs a concern in business and so we have in place a robust finantial management policy and elear process which include separation of authorisation levels. The cost of living crisis and on-going increase in costs are also a concern. Page 5
Nottingham Central Womens Aid Trustees, Report Ststement of Responsibililies The trustees are also the dire¢tOTS of NottÉngham CetttraI Womens Aid for the of company law) are responsible for preparing the trustees. report at)d the fin¢115tatcmellts in ac¢ordanc¢ with applicable law and United Kingthm A¢¢8 St)dards (United Kmg&)m (knerally Accepted ACCOting Practice). including FRS 102 "The Firtanc1 RerMTrrting Standard applicable in the UK and Rwublic of Ir¢land". Th¢ report and a¢¢ounts bav¢ been pEepared in xcwrthce with the provisions in the Companies Att 2006 relating to small companies. Cornpany law requires the trustees kn prepare financial Stat for ea¢h fin8nciai year. Under cornpany law the trle¢S must not approve th¢ fillanciaj Wem&Jts w¢55 they are sattsfi&J that they ve a thJ¢ fair view of the state of affairs of the chtiritable compwry ond of the &ncotning resources and applic&ion of resources incluth.ng its inwme and ¢xpènthtw¢. of the ¢haritsbl¢ o)mpany foT that ri0 In prepwing those finan¢iai saiemeTrts. the tr¥tee5 are required to.. select Suitable accounting wlicies and apply them Consiste[lY. observe th¢ Meth and principles the Charits SORP: make judgements and estimates th#t are reLsonable wjd pnwjent. state wh¢th¢T applicable acq)unting standarts. comprising FRS 102 have been followt(L subject tt) rnateriat dtP2rtures disd05ed and explain in the fjnancial statemts. and prepare the financial sthtements on the 80iAg conc¢m IM5is it is in¥propriate to preSlle that the charitable cotllpany will conrinue in bsin¢S$. The tr¢5 are restwsible for keeping proper ae¢(NJnkng 1)rdS that caD diselose with re&8onable accura¢y at any tim¢ the fin8t)¢iat position of the ¢haritsble and enable them to ensure that the finan¢iai staiemtht compty wryth the Companies Act 21M)6. are aExTr rwwn5ible foi 5afegwth.ng the assets of the charitable company and hence ftsr tskin8 reanable steps for the prevention d¢10 of fraud and other irre8u]aTitses. The trLLStees a Te4)onsible for the m8intfflance iTrte8nty of the orate and financial inforniation in¢luded on the ¢ha¥itable ¢ompaDy'S heb5it¢. Lwslation governing the preparthon attd diwrninatson of firt4n¢tal staternts may &"t¥er from legislation in other jurisdictions. Small tompanies prowi9ion ststement This report h&$ been prepad in a¢[dall with the SlDaU cojwies rew under the CompleS Act 20(. The annua] re[)rt approved by the trustets of the clwj.ty on 20 Jwte 2023 and Sied rn its behalf by.. Tr5¢¢¢ Page 6
Nottingham Central Womens Aid Ind¢p¢ndeni Examiner'$ Report to th¢ trustees of Nottingham Central Womens Aid ('the Company,) Independent examiner's report to the tru5tee5 of Nottinghan] Central Womens Aid ('the Company,) I report to the charity trustees 011 my examination of the accounts of the company for the year ended 31 March 2023. Responsibilities and basis of report As the charity'5 tillstee5 of the Compan}. land a150 Its directors for the PUTP05es of company law) you are responsible for the preparatioii of the account5 in accordance with the requirements of the Cornpanies Act 2006 {'the 2006 Act,). Having 5at15fied myself that the account5 of the Company are not required to be audited utjder Part 16 of the 2006 Act and are eligible for ii)dependent examination, I report in respect of Iny examination of your charity's accounts as carried out under sectioii 145 of the Charities Act 2011 {'the 2011 Act,). In Larrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)Ib) of the 2011 Act. INdepeNdeNt examiner's sthtement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 201 l Act. I confimi that l am qualified to undertak'e the examination because l am a member and Fellow of the Asslxiation of Charity Independent Examiners. M'hich is one of the listed bodies. I have completed my examination. I confim) ihat no matters have come to my attention in connection with rhe examination giving me cause to believe Ihai in any material respect.. accountiiig records were not kept iii respect of the Cotnpany as required by sectioii 386 of the 2006 Act; or 2. the accounts do not accord with those records.. or 3. Ihe accounts do not comply with the accounting requirements of section 396 of the 2006 Act other thall any requirement Ihat the accounts give a 'true and fairf view which is noi a matter considered as part of an independent exgmination. or 4. the accounts have not beeii prepared in accordance with the method5 and principles of the Stateinent of Rt¢ominended Practice for accounting and reporting by charities lappliLable to Lharities preparii)g their accounts ii) accordance with the Finai)cial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems and have come across no other matters in conneciion with the examination to which airentilin should be drawn in this report in order to enable a proper understanding of the accounts to be reached. J1111 O'Bi'i¢ii Ni ISL, FAIA, fccA, FCIE, employee of Coinmunity Accounting Plu5 Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Date.. 2010712023 Page 7
Nottingham Central Womens Aid Statement of Finaneial Attivities for the Year Ended 31 March 2023 (Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) Total 2023 Total 2022 Unrestricted Restricted Note Income and Endowments fro. Donations and legacies Charitable activities Investment income 21,141 107,776 21,141 250,583 28,730 315,366 142,807 Total Income 129.95) 142,807 272,760 i44,1 J5 Expenditure on.. Charitable activities (i7,062) (210.3661 (247.4281 (284.573} Total Expenditure (i7,062) (210.3661 (?47.4281 (284.573} Net iiicoinel{expenditure) (67,559) 25,332 59,562 Net movemeiit in funds 92,891 (67,559) 25.3i2 59,562 Reconeiliation of funds Total funds brought forward J71.635 78.065 449,700 i90,li8 Total funds catTied fovard 16 464,526 10,506 475,032 449,700 All of th¢ ¢harity's activities derive from continuing operations during the above two periods. The funds breakdo for the period is shown in iiote 16. The i)otes On pages I I to 21 form an integral part of these financial statements. Page 8
Nottingham Central Womens Aid Statement of Finaneial Attivities for the Year Ended 31 March 2023 (Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) These are the figure5 for the previous accounting period and are included for comparative purposes Unrestricted Restricted Total funds funds 2022 Note Income and Endowments from: Doiiations aiid le¥acie5 Charitable activities Investment in¢ome 28,730 103,596 39 28,7iO 315,366 39 211,770 Total income 132,365 211,770 344,135 Expenditure on.. Chariiable activities (65,482) {?19,091} {?84,573} Total expenditure (65,482) {919,091} (284,573} Net incomel{expenditure) 66,883 17,321 } 59,-f62 Net movement in funds 66,883 (7,3?1) 59,562 Reconciliation of funds Total funds brought forward i04,752 85,386 390,1 i8 Total funds carried fL)rward 16 i71,635 78,065 449,700 The i)otes On pages I I to 21 form an integral part of these financial statements. Page 9
Nottingham Central Womens Aid (Registration number: 07588144) Balanee Sheel as at 31 Mareh 2023 2023 2022 Note Fixed assets Tangible assets 10 4,284 6,776 Current assets Debtors Cash at bank and in hand 4,026 470,934 3,285 445,110 474,260 448,395 Creditors: Amounts falling due within one year 13 li,512) 15,471 } Net current assets 470.748 442,994 Net assets 47i,032 449,700 Funds of the charity: Restrieted income funds Restricied funds 10,506 78,065 Unrestrietcd ineome funds Unrestricted funds 464.526 371,6i5 Total funds 16 475,032 449,700 For the financial year ending 31 March 20?3 the charity wa5 entitled to exemption from Rudit under section 477 of the Compaiiies Act ?006 relating to sinall companies. Directors. responsibilities.. The members have not required the charity to obtain an audit of its accounts for Ihe year in question in accordance with section 476: and The directors acknowledgTe their responsibilities for complyin¥ with the requirernents of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the special provisiL)ns relating tl) CL)mpanies subject 10 the small companies regime within Part 15 of the Companies Aci 2006. The financial statements on pages 8 to 21 were approved by the tnjstees, and authorised for issue on 20 Jui)e 2023 and signed on their behalf by.. e Waw5ZCZAk nle¢ The i)otes On pages I I to 21 form an integral part of these financial statements. Page 10
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Aeeounting polieies Sumrnary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparaiion of these financial statsments are sei out below. These policies have been consistently applied to all ihe years presented, unless otherwise stated. Statement of eomplik)nee The fingncial statements have been prepared in accordance with Accounting and Reporting by Chariiies.. Statement of Recommended Practice {applicable to chariiies preparing their accounts in accordance with the F inancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021) {issued iii October 20191 (Charities SORP IFRS 102)), the Fillancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) alld the Companies Aci 2006. Basis of preparation NOttinghn Cejitral Womens Aid meets the defiiiition of a public benefit entity under FRS 102. Assets and liabilities are it]itially recognised at historical cost or transaction value unless otherwise 51ated in the relevant accounting polic), notes. Going coneern The financial stalemeiits have been prepared on a going concem basis. The trustees assess whetl)er the use of goiiig conLetli 15 appropriate i.e. whether tl)ere ale any material uncertainties related to events or conditions that may cast significant doubt oli the ability of the charity to coiitinue as a ¥oiii¥ LonLern. The trustee5 tnake thi5 as5es5ment in respect of a period of one year frotn tl)e date of approval of the financial statements. Exemption from preparing a cash now 5tat¢ment The chariiy opd to early adopi Bulletin I published on 2 February 2016 and have therefore not included a cash flow sthrement in these financial siatements. Income 8nd endowments Voluntary income including donations, gifts. legacies and grants that prlivide core funding or are of a general nature is recognised when the charity has eniitlement io ihe income. li is probable thai the income w'ill be received and the amouni can be measured wilh sufficieni reliabiliiy. Donfil{n.% and legucie.s Donations are recognised when the charity has been notified in mlting of both the amount and settlement date. lil the event that a donatioii is subject to conditions that require a level of perfonnance by the charity before the charity is entitlcd to the funds, the income is deferred and iiot recognised until either those conditions are fully et. or the fulfilment of those coiiditions 15 wholly Th'ithin the control of the charity. and it is probable that these conditions will be fulfilled in the reportin¥ period. GruNts reeelv4ble Grants are recognised when the charity has an entitlement to the funds and any conditions linked ro the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and incliided on the balance sheet as deferred income to be released. Page 11
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Govtrnment grants Ciovernmcnt grants are re¢ognised based on the accrual model and are measured at the fair value of the gsset received or receivable. Grant% are cla%sified as relating either to reveniie or to assets. GraT]t% relating to revenu¢ are recognised in income over the period in which th¢ related costs are recogni%ed. Grants relatillg to as%ets are recogni%cd over the expected useful life of the asset. Where part of a grant relating to an a%set is deferred, it is recognised as deferred in¢ome. Expenditure All expenditure is recog]iised once there is a legal or constructive obligation to that expenditure. it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that abgFregFate similar costs to that categFory. Where costs caniiot be directly attribiited to particiilar headingF5 they have been allocated on a basis conslstent with the use of resource5, with central staff cost5 allocated on the basis of time spent, and depreciation chargFes allocated on the portiot] of the asset's use. Other 5UPPOrt costs are allocated based on the spread of staff costs. Ch4riidble aclivilies Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect naiure necessary to support them. Taxation The charity is considered to pass the tests sei out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation lax purposes. Accordingly, the chariry is potentially exempt from taxatioii in respect of income or capitsl gains received within categories covered by Chapier 3 Part I l of the Corporation Tax Act 2010 or Sectioii 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such it]coJne or gains are applied exclusively to charitable piirposes. Tangible fixed assets Individual fjxed assets costing £500.00 or more are initially Tecorded at cost. Depreciation and amortisation Depreciatioii is provided on tangible fixed assets so as to WTite off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Asset class Computer equipment Furniture & eqiiipment Depreciation method and rate 33.30/0 on a straight line basis O.OO/o on a straight line basis Trade debtors Trnde debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary course of business. Trade debtors are recognised initially at th¢ transa¢tion price. They ar¢ subsequently m¢asured at amortised ¢ost using the effective iiiterest method, less provision for impaimient. A provision for the impaimient of trade debtors is established when there is objective evidence that the charity will not b¢ able to collect all amounts due according to the original ternis of the receivables. Page 12
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Cash and eash cquivalcnts Ca%h and cgsh cqllivalcnts ¢omprise ¢ash on hgnd and ¢all deposits, and other short-tem) highly liquid investment% that are readily convertibl¢ to a knoTh amount of ¢ash and are subjert to an insignificant risk of ¢hange in value. Fund strueture Unrestricted income funds are general ndS that are available for use at the truste¢s' discretion in furtheran¢e of the objertives of the charity- Desigi)ated funds ale unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted inclime funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or pun)ose. Pensions And other post retirement obligations The charity. operates a defined contributioii pension scheme for employees. The asseis of the scheme are held separately from those of the charity. Pension cosis charges in the Statement of Financial Activities represent the contributions paj'able b}, the charity during the year. 2 Incorne from donations and legacies Unrestricted fund5 General Total 2023 Total 2022 Donations and legacies; Donations from companies: trusts and similar proceeds Donations from individuals Grants, including capithl grants., Government grants 13,137 8,004 13,137 8,004 14,977 9,636 4.117 21,141 28,730 3 Incorne from charitable activities Unrestricted fund5 General Restricted fund5 Total 2023 Total 2022 Grants & donation5 14? 807 142,807 107,286 490 211,770 102,887 384 325 Hollsing benefit & rental income Laundry & payphone income Sundry inclime 107,286 490 107,776 142,807 250,583 315,366 Page 13
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 4 Investment income Unr¢5tricted Total 2023 Total 2022 General Interest receivgble alld similar income; Interest receivable on bank deposits 1,036 5 Grants & donations Unrestricted funds Restricted funds Total Nottingham Ciry Council The Bi¥ Lottery FIFlow UK The Neighbourly Foundation {Lidl) J N Derbyshire M&S New Appeals Happy Days Charity Cominui)ity Matters Soroptomi5ts Sundry grants and donations 113.884 14,517 5,506 5,000 113,884 14,517 5,506 5,000 1,500 1,000 i 0,000 637 1,800 2.100 8,004 1,500 1,000 i 0,000 637 1,800 2,100 8,004 142,807 163,948 Page 14
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 6 Expenditure on eharitable activities Unrestri¢¢ed Restricted fund5 Total 2023 Total 2022 General Activities & work'shops Advertising & marketing Cleaning Depreciation Bank char¥e5 Equipment purchase5 Fundraising costs Governance, supervision & recruitmeni Refreshments, gifts & hospitality Resource materials Health & safety Insuraiice 3,245 60 1,002 i36 4,247 396 1,693 2,492 3,807 555 1,228 2,492 2,492 2,678 186 6,855 10,46i 186 i?0 1,485 261 804 866 1,782 967 5,409 986 3,267 566 758 0,213 3,827 8,125 894 25,965 3.827 Le£al & professional Office expenses Payroll service Publications & subscriptions Rent, rates & room hire Repairs & maintenance Residents food & emergencies Sundry expenditure Telephone: iiiternet & postsge Training Travel. meetings & refreshments ?,091 176 6,034 718 9,20i 426 357 618 975 885 281 3.995 1.455 331 440 8,244 3,404 2,537 791 657 9,100 47,871 1,488 60 4,747 3,692 174 7,359 12,2)9 4,859 2,868 77 165 91 460 5,143 2,537 346 8,875 5,?20 2,702 437 9,335 Volunteer expenses Watses: Nl & pensions Internal recharge5 12,276 (414) 152,701 414 164,977 150,186 210,366 247,428 284,57i 7 Net incomingloutgoing resources Net illCOTniiig resources for the year incliide.. 2023 2022 Depreciatioi) of fixed assets 2,492 2,492 Page 15
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 8 Staff eosts The aggr¢gat¢ payroll costs were as follows.. 2023 2022 St8ff £0s¢s during the year were: Wages and salaries Social security costs Pension costs 150,450 6.509 8,U18 137,621 i,514 7,051 164,977 150,186 The monthly average number L)f persons (including senior management team) employed by the charity during the year was as follows.. 2023 No 2022 No Average number of employees 712022- 7) of the above employees participated in the Defined Contributioii Pension Schemes. Contributions to the employee pensioi) heMeS for the year totalled £8,01812022 £7,051). No ¢mploye¢ re¢eiv¢d emoluments of more thgn £60,000 diiring the yew. The tothl employee benefits of the key management personnel of the charity were £17,791 {2022- £20.194). 9 Fees payable to independent examiner During the period, the fees payable (excluding VAT) io the charity's independent examiner Community Accounting Plus are analysed as follows.. 2023 2022 Independent examiiiation Other financial services 775 1.647 720 1,644 2.422 2,364 Page 16
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 10 Tangible fixed assets Furniture and equipment Computer equipment Total Cost At l April 2022 14,002 4,315 18,317 At 31 March 2023 14,002 4,315 18.317 Depreciation At l April ?022 Charge for the year At i l March 2023 8,488 3,053 1.262 2,492 9.718 Net book walut At i l March 2023 4,?84 4,?84 At i l March 2022 5,514 1.262 6,776 I l Debtors 2023 2022 Prepaynents 4,026 3,285 12 Cash and cash equivalents 2023 2022 Cash on hand Cash at bank 179 444,931 470,121 470,234 445,110 13 Creditor5: amounts falling due withiTh one year 2023 2022 Other tsxation and social securiry Other creditors 2,516 996 3,525 1,946 3.51? 5,471 Page 17
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 14 Trustees remuneration and expenses No truste¢s, nor any persons connected with them, have received any remuneration from the charity durillg th¢ year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 15 Taxation The charity is a registered charity and is therefore exempt from taxation. 16 Funds Balanee at 31 March 2023 Balance at I April 2022 Incoming resources Resources expended Tran$fer5 Unrestrieted funds Gener[ General fund 346,385 129,953 137,062) (284,0(10) 155,276 De51grtÉed Ralph King Legacy Property piircha5e Support workees p05t 25.250 25,250 260,000 24,000 260,000 24,000 25,250 284,000 309,250 Total unrestrieted funds i71.635 1?9,95 j 137,062) 464,526 Rtstrieted funds Holiday Hunger (Community Matters)) Nottinghani City Council Grant Avery tkniiison The Neighbourly Foundation (Lidl) Salaries {Lloyds) Big Lottery The National Loitery- community fund Soroptomists 1.800 (1.800) 113.884 5.506 (113.884) 5,506 5,000 5,000 14,377 57,590 114,377) 172,107) 14,517 5,398 700 (5.398) (2.800) 2.100 Total restrieted funds 78,065 142,807 (210.366) 10,506 Total funds 449,700 272,760 (?47,428 475,032 Page 18
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Unrestricted funds Balanec at I April 2021 Ineoming resourees Resourees expended Balancc at 31 Mareh 2022 Unrestricted funds Genero1 General l)d 279,502 132,365 (65,482) 346,385 De.¥ignuled Ralph tQing Legacy 25,250 25,250 Total unrestricted funds 304,752 132,i65 (65,482) 371,635 Restricted Net Fund (Nottinghamshire CM) COVID INCC, Masonic society & Sundry) Safe & Strong project {Awards for All) Salaries {Lloyds) R?C Compltx needs (NC.CI MHCLG {NCC, previously Juno Women's Aid) BigT Lottery. The National Lottery- community nd Soroptomists 116 5,000 (5,116) 855 (855) 656 20,342 3,638 (656) (29,802) (i,638) 23,837 14,377 6.265 53,514 112,674 57,842 (118.9J9} (53,766) 57,590 9,967 2,450 14.569} 11,750 5,398 700 Total restricted funds 85,386 211,770 {219,091) 78,065 Total funds 390,138 344,135 {284,573} 449,700 Page 19
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 The specific purposes for which the funds are to be applied are as fLIIIows'. This year the restricted funds have been as follows.. The Holiday Hunger.. Community Matters fund was to provide emergency food items for women and children: The Nottingham City Coucnil grant was for the complex needs refuge; The Avery Dennison fund was for the Supporting Lives Free from Fear project: The Neighbourly fiinding from Lidl was for the kitchen refiirbishment., The funding received from the Big Loitery was for two support workers, a Freedom programme Facilitator and 20 hours of Out of Hours support., The Llovds Bank foundation funding was for Ihe salary of the Complex Needs Siipport worker and Domestic Support AsSlStant,' The Soroptomists fund - to provide welcome packages for women to the refuge and other funding for families in need; The Lottery Community Fund - Awards for all was for refuge improvements. Last year there were also the following restricted funds which have now finished.. The NET funds lfroin Nottin¥hatnshire CM) were to provide PPE and iinplement safe WOTkin¥ to mitigate cros5 infection,. The MHCLG fund was fundin¥ received from the Nottin¥ham City Council, thi5 is fundin¥ from the Ministries of Hou5in¥. Cotnmunities & Local Government. This wa5 SllPPOrt for complex needs at the refuge, (Last year the lead partner on this funding bid was Juno Women's Aid): The funding from R2C, Nottingham City Couiicil was part of the "Respoiise to Complexity" funding. This mainlv covered salary costs to provide the coniplex needs support", The Awards for All funding- for the sale and strong project. which was to create additional safe working spaces to support families. Designated funds are as follows.. The Ralf King Legacy was received in 2021 and has been put aside for Ihe specific intentions of the legacy,. This year funds raised for the purch&se of a property have been put aside in line wilh the continuing development and expansilin plans of the charity,. A further designated fund has also been agreed for the support worker's post. The traiisfers from the General fviid to the two DesiiTnated ndS.. the Property Purchase fiiiid and the Siipport Woikei's fund ale the agreed amounts to be set aside ftsr the sptcifiL purposes of thtse desigi)ated funds. 17 Analvsis of net assets between funds Unrestricted 2023 Total funds General DesigThated Restricted Tangible fixed assets Current assets Current liabilities 4,284 154,504 (3.i12) 4,?84 474,?60 li.512} 309,250 10,506 Total net assets 155,276 J09,250 10,506 475,OJ2 Page 20
Nottingham Central Womens Aid Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Unrestricted 2022 Total funds General Designated Restricted Tangible fixed assets Current assets Current liabilities 6,776 345,080 (5.471) 6,776 448,395 15,471 } 25,250 78,065 Total net assets 346,i85 78,065 449,700 18 Commitments Capital commitments At 31 March ?020 the charity had not]-cancellable commitments under an operating lease for the premises .hich expire5 iii ?Oi6. The total amount contracted for but not provided it] the financial statements was £1 10.50012022- £119,000). 19 Charity status The Lharity is a company limited by guarantee and consequently does i)ot have share capital. Each of the trustees is liable to contribute an amouni not exceeding £10 towards the assets of Ihe charity in the event of liquidation. 20 Related party transactions There were no relaied pary transactions in the year. Page21