Women's Aid in Rhondda Cynon Taf
(A company limited by share capital)
Annual Report and Financial Statements for the Year Ended 31 March 2021 Company registration number: 08356730 Charity registration number: 1155423
HSJ Audit Limited Statutory Auditors Severn House Hazell Drive Newport South Wales NP10 8FY
Women's Aid in Rhondda Cynon Taf
Contents
| Strategic Report | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Independent Auditors' Report | 6 to 8 |
| Statement of Financial Activities | 9 to 10 |
| Balance Sheet | 11 |
| Statement of Cash Flows | 12 |
| Notes to the Financial Statements | 13 to 22 |
Women's Aid in Rhondda Cynon Taf
Strategic Report for the Year Ended 31 March 2021
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 March 2021, in compliance with s414C of the Companies Act 2006.
Financial review
Policy on reserves
To minimise risks to the organisation the trustees have established a policy whereby the unrestricted funds not committed and held by the charity should be 6 months running costs. As of 31st March 2021 the unrestricted current net assets were £584,348 (2020: £368,032). Much of the organisations income is grant funding and the charity recognises the need to build reserves should this be reduced, in order to continue services until alternative sources of income are secured.
Principal funding sources
The main source of funding the organisation receives is Supported People Revenue Grant from the Welsh Assembly Government, which funds our support to women and children accessing refuge and community services. The organisation also receives grant funding from RCTCBC Social Services towards the SAFE project and children and young people's support services. Other sources of funding also include Big Lottery, Children in Need, Fframwaith and the Moondance Foundation. During the year ended 31 March 2021 the organisation has also been the fortunate recipeint of a number of grants in relation to Covid-19 specific support and continuation of services.
Investment policy and objectives
Under the Memorandum and Articles of Association, the charity has the authority to invest funds as determined by the trustees.
The strategic report was approved by the trustees of the charity on 26 October 2021 and signed on its behalf by:
......................................... Mr Philip Bevan Chairman and Trustee
Page 1
Women's Aid in Rhondda Cynon Taf
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2021.
Objectives and activities Objects and aims
The Charity's main objectives are to relieve the distress and suffering of all forms of Violence Against Women, Domestic Abuse and Sexual Violence; to relieve any woman, man or child in necessitous circumstances, by the provision of temporary crisis accommodation, services and facilities, to preserve and protect the health of women, men and children in necessitous circumstances and to educate the public in the area of domestic violence and abuse.
In furtherance of this objective Women’s Aid RCT offers a range of services to women, men, children and young people. To ensure access and support are always available we offer a 24 hour service which includes drop in support during traditional working hours and a telephone service (and staff response where appropriate) outside office hours, enabling beneficiaries to access support, advice and where required, access to our other services.
We manage 4 supported housing projects, which offer emergency safe accommodation to women and their children (refuge). These are staffed by a team of support workers. We also offer a range of Drop In, Outreach and Life Skills Programmes to women, men and children in the community through the SAFE Project and support via The Safer Rhondda Centre, Cynon Safety Centre and Pontypridd Drop In Centre.
The community based centres offer continuation support to women leaving refuge or for women and men in need of support who remain at home. The services are accessed by self- referral or through referrals made by other agencies. Through our Children and Young People RISE project we offer support to children accessing any of our services and provide specialist prevention and early intervention programmes.
We regularly facilitate domestic abuse awareness programmes, confidence building and assertiveness along with a range of life skill programmes that promote the development of independent living skills. Our volunteer programme enables us to extend our activities by complimenting the work undertaken by paid staff. This also enables women to gain training and experience and subsequently develop careers within the Supported Housing and Social Care sectors. We also deliver the IRIS project to provide domestic abuse awareness training to GP’s and other health care professionals across the Cwm Taf Region in partnership with Safer Merthyr Tydfil. The opening of the Cynon Safety Centre and Pontypridd Drop In Centre have been implemented during the financial year to ensure local services are easily accessible for local people across RCT. We have successfully introduced a move on from refuge residential property to compliment the existing supported housing projects and provide a wider range of static accommodation for beneficiaries.
The last 12 months have presented considerable challenges as a result of the Covid-19 Pandemic. The impact of local and national lockdowns have seen a considerable increase in domestic abuse incidents which led to the implementation of an additional 4 units of refuge accommodation in RCT.
This project was funded via Welsh Government and fully supported by the RCTCBC domestic abuse commissioner. The board wishes to express our thanks to the refuge team who have continued to provide a frontline support service to women and children accessing refuge accommodation during the pandemic along with our community based staff who have continued to provide telephone support and restricted support services from our 3 community based sites throughout. The efforts demonstrated by staff across all sites and services is testament to the commitment and dedication to provide support and safety to victims of domestic abuse.
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous twelve months. The review looks at the success of each key activity and the benefits of raising awareness of domestic violence through the provision of information and training. The review also helps us ensure our aims, objectives and activities remained focused on our stated objectives.
Page 2
Women's Aid in Rhondda Cynon Taf
Trustees' Report
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities thus ensuring that it continues in its purpose to provide information and support to women, men and children who are affected by domestic violence and abuse.
Structure, governance and management
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Women's Aid - RCT (WA-RCT) is a company limited by guarantee governed by its Memorandum and Articles of Association dated 1st April 2013. WA-RCT is a charity registered with the charity commission. In the event of the organisation winding up its members are required to contribute an amount not exceeding £1.00. Page 2 Women's Aid in Rhondda Cynon Taf Trustees' Report Recruitment and appointment of trustees As set out in the Memorandum and Articles of association at the Annual General Meeting one third of the members of the board of Trustee's will retire from office, those to retire every year should be those who have been longest in office since their last election.
The board of Trustee's has the power to co-opt additional members onto the board, who must retire at the next AGM but may stand for re-election. When considering co-opting Trustee's the board has regard to the requirement for any specialist skills and knowledge needed in relation to this area of work such as Finance, HR, Legal and an understanding of domestic abuse and supported housing. The Trustee Board regularly undertakes skills audits to identify areas of strength, gaps in knowledge and training needs. This enables us to actively recruit Trustees with the skills to fill the gaps.
After a period of not being in receipt of services, service users are encouraged to volunteer with the organisation, which is extended to acting as Trustees.
This is to ensure the service users we support are adequately represented on the Trustee Board and can use their experience to assist the charity. Induction and training of trustees New Trustees undergo an orientation to brief them on their legal obligations, the content of the Memorandum and Articles of Association, the functioning of the Trustee Board and decision making processes, the business plan, the functioning and structure of the services, and recent financial performance.
During induction they will meet key employees and other Trustees. Trustees are encouraged to participate in internal and external training events which will further their skills and knowledge in undertaking their role as Trustee. Organisational structure WA-RCT has a Board of Trustees who meet monthly and are responsible for the strategic direction of the organisation and setting policy. The responsibility for the day to day management of the organisation is delegated to the Chief Executive Officer and Senior Management Team.
The CEO is responsible for ensuring the charity delivers the services specified, the day to day running of the multiple projects managed by the organisation, supervision and development of staff and ensuring work undertaken is in line with good practice.. A tier of middle management was introduced following the merger to support and assist the Senior Management team in the management of the organisation. Four Coordinators were appointed to manage individual areas of service delivery and finance.
Page 3
Women's Aid in Rhondda Cynon Taf
Trustees' Report
Reference and Administrative Details
Trustees
Mrs Margaret Abraham
Mr Philip Bevan - Chair
Mrs Beverley Channon
Miss Sophie Pincott - Vice Chair
Mrs Elin Prys Garrett
Mrs Patricia Williams
Principal Office: Compton House, 4-5 Victoria Square, Aberdare CF44 7NT
Company Registration Number 08356730
Charity Registration Number 1155423
Auditor HSJ Audit Limited Statutory Auditors Severn House Hazell Drive Newport South Wales NP10 8FY
The trustees (who are also the directors of Women's Aid in Rhondda Cynon Taf for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to: • select suitable accounting policies and apply them consistently; • observe the methods and principles in the Charities SORP; • make judgements and estimates that are reasonable and prudent; • state whether applicable UK 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 business.
Future Plans
The increase in demand for services as a direct result of the pandemic has required the board and senior management team to review operational working practice to ensure interventions to reduce risk and increase safety are maintained whilst ensuring the needs of individuals are met. Considerable investment has been made in providing effective remote working and implementation of a range of online group programmes with further investment of upgrading our IT server and financial systems proposed for the new financial year. Initial plans to develop a joint working partnership with RCTCBC domestic abuse services are ongoing. The plans aim to introduce a holistic approach to accessing support in RCT with an emphasis on shared facilities and resources with a centralised operational management structure and client management system. Additional financial investment provided by RCTCBC through Covid grants secured during 2020-21 will be utilised for the purpose of developing systems, practice and facilities to ensure the successful integration of services in 2021-22.
Page 4
Women's Aid in Rhondda Cynon Taf
Trustees' Report
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Women's Aid in Rhondda Cynon Taf for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK 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 business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and 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.
Disclosure of information to auditor
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 26 October 2021 and signed on its behalf by:
......................................... Mr Philip Bevan Chairman and Trustee
Page 5
Women's Aid in Rhondda Cynon Taf
Independent Auditor's Report to the Members of Women's Aid in Rhondda Cynon Taf
Opinion
We have audited the financial statements of Women's Aid in Rhondda Cynon Taf (the 'charity') for the year ended 31 March 2021, which comprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charity's affairs as at 31 March 2021 and of its results for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance 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 ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
-
the trustees use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
-
the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charity’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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Women's Aid in Rhondda Cynon Taf
Independent Auditor's Report to the Members of Women's Aid in Rhondda Cynon Taf
Opinion on other matters prescribed by the Companies Act 2006
-
In our opinion, based on the work undertaken in the course of the audit:
-
the information given in the Strategic Report and Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
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the Strategic Report and Trustees' Report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Trustees' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities (set out on page 5), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
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Women's Aid in Rhondda Cynon Taf
Independent Auditor's Report to the Members of Women's Aid in Rhondda Cynon Taf
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered 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 statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.
......................................
Andrew Hill (Senior Statutory Auditor) For and on behalf of HSJ Audit Limited, Statutory Auditor
Severn House Hazell Drive Newport South Wales NP10 8FY
10 November 2021
Page 8
Women's Aid in Rhondda Cynon Taf
Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Charitable activities 4 Investment income 5 Total income Expenditure on: Charitable activities 6 Total expenditure Net income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 |
Unrestricted funds £ 10,300 396,942 664 407,906 (243,756) (243,756) 164,150 67,075 231,225 657,252 888,477 |
Restricted funds £ - 1,241,709 - 1,241,709 (1,174,634) (1,174,634) 67,075 (67,075) - - - |
Total 2021 £ 10,300 1,638,651 664 |
|---|---|---|---|
| 1,649,615 | |||
| (1,418,390) | |||
| (1,418,390) | |||
| 231,225 - |
|||
| 231,225 657,252 |
|||
| 888,477 |
Page 9
Women's Aid in Rhondda Cynon Taf
Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Charitable activities 4 Investment income 5 Total income Expenditure on: Charitable activities 6 Total expenditure Net income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 14 |
Unrestricted funds £ 4,315 406,508 1,331 412,154 (411,765) (411,765) 389 312,443 312,832 344,420 657,252 |
Restricted funds £ - 969,984 - 969,984 (860,518) (860,518) 109,466 (312,443) (202,977) 202,977 - |
Total 2020 £ 4,315 1,376,492 1,331 |
|---|---|---|---|
| 1,382,138 | |||
| (1,272,283) | |||
| (1,272,283) | |||
| 109,855 - |
|||
| 109,855 547,397 |
|||
| 657,252 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 14.
Page 10
Women's Aid in Rhondda Cynon Taf
(Registration number: 08356730) Balance Sheet as at 31 March 2021
| Note Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Creditors: Amounts falling due within one year 12 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 14 |
2021 £ 304,129 90,036 501,238 591,274 (6,926) 584,348 888,477 888,477 888,477 |
2020 £ 289,220 96,314 284,269 |
|---|---|---|
| 380,583 (12,551) |
||
| 368,032 | ||
| 657,252 | ||
| 657,252 | ||
| 657,252 |
The financial statements on pages 9 to 22 were approved by the trustees, and authorised for issue on 26 October 2021 and signed on their behalf by:
......................................... Mr Philip Bevan Chairman and Trustee
Page 11
Women's Aid in Rhondda Cynon Taf
Statement of Cash Flows for the Year Ended 31 March 2021
| Note Cash flows from operating activities Net cash income Adjustments to cash flows from non-cash items Depreciation Investment income 5 Working capital adjustments Decrease/(increase) in debtors 11 (Decrease)/increase in creditors 12 Decrease in deferred income Net cash flows from operating activities Cash flows from investing activities Interest receivable and similar income 5 Purchase of tangible fixed assets 10 Sale of tangible fixed assets Net cash flows from investing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at 1 April Cash and cash equivalents at 31 March |
2021 £ 231,225 14,565 (664) 245,126 6,278 (5,625) - 245,779 664 (29,474) - (28,810) 216,969 284,269 501,238 |
2020 £ 109,855 9,690 (1,331) |
|---|---|---|
| 118,214 (8,082) 2,795 (18,172) |
||
| 94,755 | ||
| 1,331 (132,310) 1 |
||
| (130,978) | ||
| (36,223) 320,492 |
||
| 284,269 |
All of the cash flows are derived from continuing operations during the above two periods.
Page 12
Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
1 Charity status
The charity is limited by share capital, incorporated in .
The address of its registered office is: Women’s Aid RCT, Compton House First Floor Offices 4 & 5 Victoria Square Aberdare CF44 7NT
These financial statements were authorised for issue by the trustees on 26 October 2021.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Women's Aid in Rhondda Cynon Taf meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
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Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recognised 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 aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
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 nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £1,000.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Fittings & equipment | 25% on cost |
| Motor vehicles | 25% reducing balance |
| Freehold property | 2% on cost |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
3 Income from donations and legacies
| Donations and legacies; Donations from individuals |
Unrestricted funds General £ 10,300 10,300 |
Total 2021 £ 10,300 10,300 |
Total 2020 £ 4,315 |
|---|---|---|---|
| 4,315 |
4 Income from charitable activities
| Rental Income Rhondda Cynon Taff Children in Need Fframwaith Grant Other Grants and Staff Secondment Income Safer Merthyr Grant Community Foundation in Wales TEDS Big Lottery Grant Welsh Government Capital grant Covid-19 Relief Grants Moondance Foundation |
Unrestricted funds General £ 346,710 - - - 50,232 - - - - - - - 396,942 |
Restricted funds £ - 756,630 27,313 24,144 9,249 84,147 - - 42,940 43,985 228,301 25,000 1,241,709 |
Total 2021 £ 346,710 756,630 27,313 24,144 59,481 84,147 - - 42,940 43,985 228,301 25,000 1,638,651 |
Total 2020 £ 356,085 672,805 37,313 24,144 50,423 85,951 6,600 50,000 41,500 51,671 - - |
|---|---|---|---|---|
| 1,376,492 |
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Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
5 Investment income
| Interest receivable and similar income; Interest receivable on bank deposits 6 Expenditure on charitable activities Unrestricted funds Note General £ Women's Aid 163,132 Staff costs 67,076 Allocated support costs 13,548 243,756 7 Net incoming/outgoing resources Net incoming resources for the year include: Operating leases - plant and machinery Operating leases - other assets Audit fees Depreciation of fixed assets |
Unrestricted funds General £ 664 Restricted funds £ 354,101 820,533 - 1,174,634 |
Total 2021 £ 664 Total 2021 £ 517,233 887,609 13,548 1,418,390 2021 £ - 45,199 4,177 15,054 |
Total 2020 £ 1,331 |
|---|---|---|---|
| Total 2020 £ 418,553 834,406 19,324 |
|||
| 1,272,283 | |||
| 2020 £ 2,744 36,022 4,080 9,691 |
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
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Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
9 Staff costs
The aggregate payroll costs were as follows:
| The aggregate payroll costs were as follows: | ||
|---|---|---|
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2021 £ 812,525 63,485 11,599 887,609 |
2020 £ 762,853 61,164 10,389 |
| 834,406 |
The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:
| the year expressed as full time equivalents was as follows: | ||
|---|---|---|
| Direct support Management and administrative |
2021 No 35 4 39 |
2020 No 35 4 |
| 39 |
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £145,187 (2020 - £140,544).
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Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
10 Tangible fixed assets
| 10 Tangible fixed assets | ||||
|---|---|---|---|---|
| Cost At 1 April 2020 Additions At 31 March 2021 Depreciation At 1 April 2020 Charge for the year At 31 March 2021 Net book value At 31 March 2021 At 31 March 2020 |
Land and buildings £ 266,300 25,000 291,300 3,321 5,618 8,939 282,361 262,979 |
Motor vehicles £ 1,148 - 1,148 1,148 - 1,148 - - |
Computer equipment £ 34,636 4,474 39,110 8,395 8,947 17,342 21,768 26,241 |
Total £ 302,084 29,474 |
| 331,558 | ||||
| 12,864 14,565 |
||||
| 27,429 | ||||
| 304,129 | ||||
| 289,220 |
Included within the net book value of land and buildings above is £257,500 (2020 - £Nil) in respect of freehold land and buildings and £8,800 (2020 - £262,979) in respect of leaseholds.
11 Debtors
| Trade debtors Prepayments 12 Creditors: amounts falling due within one year Other creditors Accruals |
2021 £ 82,854 7,182 90,036 2021 £ 2,991 3,935 6,926 |
2020 £ 86,315 9,999 |
|---|---|---|
| 96,314 | ||
| 2020 £ 2,992 9,559 |
||
| 12,551 |
Page 18
Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
13 Obligations under leases and hire purchase contracts
Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
| Land and buildings Within one year Between one and five years After five years |
2021 £ 18,000 54,000 36,000 108,000 |
2020 £ 18,000 54,000 54,000 |
|---|---|---|
| 126,000 |
14 Funds
| Unrestricted funds General General Funds Restricted funds RCT Floating & Refuge Support Fframwaith Safer Rhondda RCTCBC - Capital fund Children in Need Big Lottery Welsh Government Capital Grant Covid Relief Grants RCT Main Grants St Martin's in the Field Moondance Foundation Total restricted funds Total funds |
Balance at 1 April 2020 £ 657,252 - - - - - - - - - - - - 657,252 |
Incoming resources £ 407,906 709,149 24,144 84,147 23,090 27,313 42,940 43,985 228,301 24,391 9,249 25,000 1,241,709 1,649,615 |
Resources expended £ (243,756) (709,149) (24,144) (84,147) - (27,313) (42,940) - (228,301) (24,391) (9,249) (25,000) (1,174,634) (1,418,390) |
Transfers £ 67,075 - - - (23,090) - - (43,985) - - - - (67,075) - |
Balance at 31 March 2021 £ 888,477 - - - - - - - - - - - |
|---|---|---|---|---|---|
| - | |||||
| 888,477 |
Page 19
Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
| Unrestricted funds General General Funds Restricted funds RCT Floating & Refuge Support Fframwaith Community Foundation in Wales Safer Rhondda RCTCBC - Capital fund Children in Need Big Lottery Welsh Government Capital Grant TEDS CAF Capital Grant Total restricted funds Total funds |
Balance at 1 April 2019 £ 344,419 36,927 - - - - - - 166,050 - - 202,977 547,396 |
Incoming resources £ 412,154 665,010 24,144 6,600 85,951 7,795 37,313 41,500 49,209 50,000 2,462 969,984 1,382,138 |
Resources expended £ (411,764) (665,010) (24,144) (6,600) (85,951) - (37,313) (41,500) - - - (860,518) (1,272,282) |
Transfers £ 312,443 (36,927) - - - (7,795) - - (215,259) (50,000) (2,462) (312,443) - |
Balance at 31 March 2020 £ 657,252 - - - - - - - - - - |
|---|---|---|---|---|---|
| - | |||||
| 657,252 |
Page 20
Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
The specific purposes for which the funds are to be applied are as follows:
The RCT Floating Support & Refuge Support Funding relates to a grant given by Rhondda Cynon Taff Council for ongoing service costs.
The Fframwaith fund was received as a contribution towards the Outreach Children's Support worker and the STAR Project.
The Safer Rhondda funds have been provided to assist in the provision of training support and referral programmes.
The Children in Need project will fund an outreach service for children and young people affected by domestic abuse.
The Big Lottery Grant was provided for the provision of a Volunteer co-ordinator.
The Welsh Government Capital Grant was provided to fund the purchase and renovation of the the charities premises, notably the Safer Rhondda Centre in Tonypandy.
The TEDS donation was provided to support in the acquisiton of a new refuge during the year.
The Church Fund and CAF grants were provided in the year to finance new equipment purchases required for the charites premises.
The Covid-19 restricted fund represents grants received specifically for support and continuation of services during the pandemic. This includes funds received from RCT, the Regional Police & Crime Commisioner, BBC Children in Need, Comic Relief, Welsh Government and Welsh Women's Aid.
The transfer of £67,075 from the Welsh Government Capita and RCT Capital restricted funds to general unrestricted funds represents fixed assets acquired for the charities general purposes in accordance with paragraph 2.26 of Charities SORP FRS 102.
15 Analysis of net assets between funds
| 15 Analysis of net assets between funds | ||
|---|---|---|
| Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 304,129 591,274 (6,926) 888,477 |
Total funds £ 304,129 591,274 (6,926) |
| 888,477 |
Page 21
Women's Aid in Rhondda Cynon Taf
Notes to the Financial Statements for the Year Ended 31 March 2021
16 Analysis of net funds
| 16 Analysis of net funds | ||
|---|---|---|
| At 1 April 2020 £ Cash at bank and in hand 284,269 Net debt 284,269 |
Cash flow £ 216,969 216,969 |
At 31 March 2021 £ 501,238 |
| 501,238 |
Page 22