The Halo Project
(A company limited by guarantee)
Legal and administrative information
Charity number 1159143 Company registration number 8913368 Registered office 307A Vanguard Suite Broadcasting House Gilkes Street Middlesborough TS1 5JA Samantha Hardy Appointed May 2015 Mark White Appointed May 2015 Rachel Gray Appointed February 2020 Claire Preston Appointed 31st October 2019 Sara Mirsaheli Appointed 1st December 2018 Yasmin Khan Resigned 31st October 2019 Secretary Yasmin Khan Accountants Reid, Campbell & Co Accountants Ardluing Kilmun Argyll PA23 83Y Bankers Barclays Bank
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The Halo Project
(A company limited by guarantee)
Report of the directors (incorporating the trustees' report) for the period 1st March 2020 to 28th February 2021
The directors present their report and the financial statements for the period ended 28th February 2021. The directors, who are also trustees of The Halo Project for the purposes of charity law and who served during the year and up to the date of this report are set out on page 1 of this report
Structure, governance and management
Background
Established and incorporated on 26th February 2014, the Halo Trust is a charity registered in England which aims to provide specialist support and assistance to Black and Minoritised (BME victims of domestic and sexual violence, specifically forced marriage, honour-based violence and female gential mutilation.
As a specialist by and for BME women and girls service the Board included 5 Directors during the year , who are also Trustees of the Charity, as laid out on page 1. The Board met four times in 2020-21
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The Halo Project (A company limited by guarantee)
Report of the directors (incorporating the trustees' report) for the period 1st March 2020 to 28th February 2021
Financial Review
Income has been generated through it bespoke training, donations, fundraising, housing and grants which has been utilized to support those women with No Recourse to Public Funds. Restricted reserves include funds held from grant partners for small grant dissemination to those victims most in need. During the year the charity purchased its first refuge property and land contributing to its longer term sustainability plans.
Report of Chief Officer
During the COVID pandemic the need for BME specialist provision had risen significantly. Two weeks into the lockdown the sector experienced the cumulative effect for specialist provision with referrals increasing by 300%. When the first lockdown was lifted, 75% of BME women in need of refuge bedspaces could not get accommodated because refuges were full. We anticipated a very high level of need for specialist provision in the following period to come as we enter the phase of COVID recovery.
As such, 2020/2021 has been a very challenging year for the Charity, we have had to adopt new ways of working due to the COVID 19 pandemic and ensure that we keep the victims we support and our staff safe.
During the year we have directly supported over 300 BME women and girls both in our refuge and in local communities, in an area that has an average of 6.4% BME the charity has supported 34 different ethnicities, demonstrating the need for our specialist by and for service and our reach to engage a diverse range of vulnerable and hidden victims.
Despite the challenges the charity has faced due to Covid we have made substantial inroads with our growth strategy by purchasing a refuge property and land at a new site in Middlesbrough which is part of our longer-term development aims to create a “Halo Village”, shaped by the needs of BME victims which creates long-term recovery and independence.
A formal partnership agreement has been adopted between Tees Valley Inclusion Project and Halo for clarity and delineation between the two organisations. Halo now employs staff and supports more volunteers to deliver vital victim services. The long-term plan for our victim support and accommodation provision is to bring more staff and Senior leadership into the Charity.
The development of Halo has included the expansion of our accredited community education programmes and Halo Hope, our flagship victim BME recovery, trauma informed, training programme, is now poised to be launched nationally as a “Train the Trainer” practitioner programme. Our long-term plan is to instill confidence and knowledge to key workers to deliver Halo Hope in house.
We have been overwhelmed by the generosity of donors, partners and funders who have during the pandemic helped us to meet victims basic and humanitarian needs. We thank all our funders who are enlisted on our website funding page for helping us to support those women and girls with No Recourse to Public Funds. And to our staff, whom without the commitment and passion we could not have operated in unprecedented times to sustain and deliver the victim focused service we hold core to our values.
Yasmin Khan, Chief Officer
Risk Policy
The directors have assessed the major risks to which the charity is exposed, and in particular those related to the operations and finances of the Charity, and are satisfied that systems are in place to mitigate any exposure to these risks.
Reserves Policy
The reserves are maintained and distributed in line with the charity's objectives and also the Memorandum and Articles of Association. The policy of the Charity is to aim to retain sufficient reserves to meet the cost of any regular commitments, as well as a contingency to enable it to continue to develop further projects.
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The Halo Project
(A company limited by guarantee)
Report of the directors (incorporating the Trustees' report) for the period 1st March 2020 to 28th February 2021
Statement of directors' responsibilities
The directors (who are also Trustees of The Halo Project Charity under charity law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to 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 incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the fiancial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the
financial position of the charitable company and which enable them to ensure thaty the financial statements comply with the
Companies Act 2006, the Charities and Trustee Investment Act 2005, the Charities Accounts Regulations 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.
Small companies provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
This report was approved by the Board on 15th July 2021 and signed on its behalf by
Claire Preston
Director
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The Halo Project
(A company limited by guarantee)
Independent Examiner’s Report to the Trustees of The Halo Project Charity
I report on the accounts of the charity for the period ended 28th February 2021
Respective responsibilities of Charity Trustees and examiner
The charity’s Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Act 2005 and the Charities Accounts Regulations 2006.
The charity Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations have not been met.
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which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Ian Reid
Relevant Professional qualification/professional body: ACMA
Address: Reid, Campbell & CO, Ardluing, Kilmun, Argyll PA23 8RY
Date 15th July 2021
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The Halo Project
(A company limited by guarantee)
Statement of Financial Activities (incorporating the income and expenditure account)
for the period 1st March 2020 to 28th February 2021
| Unrestricted | |||||
|---|---|---|---|---|---|
| Restricted Funds | Funds | Total | 2020 | ||
| Notes | £ | £ | £ | £ | |
| Incoming Resources | |||||
| Incoming Resources from generating funds: | - | 41,651 | 41,651 | 27,278 | |
| Voluntary Income | 3 | 69,239 | - | 69,239 | 43,222 |
| Activities for generating funds | 4 | - | - | - | - |
| Other incoming resources | 5 | 59,852 | - | 59,852 | - |
| Total incoming resources | 129,091 | 41,651 | 170,742 | 70,500 | |
| Resources Expended | |||||
| Staff Costs | - | - | - | - | |
| Establishment costs | 40,339 | - | 40,339 | 31,503 | |
| Motor and travelling expenses | - | 1,365 | 1,365 | - | |
| Accountancy fees | - | 600 | 600 | 500 | |
| Legal and professional fees | - | - | - | - | |
| Communication and IT | - | 6,513 | 6,513 | - | |
| Other Office Expenses | - | 2,599 | 2,599 | - | |
| Interest payable and similar charges | - | - | - | - | |
| Books and subscriptions | - | - | - | - | |
| Charitable Activities Costs | 57,305 | - | 57,305 | 36,831 | |
| Donations | - | - | - | - | |
| Other costs | - | 1,565 | 1,565 | - | |
| Total resources expended | 97,644 | 12,642 | 110,286 | 68,834 | |
| Net incoming/(outgoing) resources for the year | 31,447 | 29,009 | 60,456 | 1,166 | |
| Total funds brought forward | 17,421 | 8,425 | 25,846 | 24,680 | |
| Total funds carried forward | 48,868 | 37,434 | 86,302 | 25,846 |
The notes on pages 9 to 12 form an integral part of these financial statements
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The Halo Project
(A company limited by guarantee)
Balance Sheet
as at 28th February 2021
| Notes 2 Debtors 9 11 Cash at bank and in hand Funds Net assets Net current assets Restricted Funds Current assets Fixed Assets Creditors: amounts falling within one year Unrestricted income funds Total Funds |
2020 £ Restricted Funds Unrestricted Funds Total 2020 96,878 - 96,878 - - - - - 61,000 90,739 151,739 26,096 61,000 - 151,739 26,096 100,176 62,500 162,676 250 -39,176 28,239 -10,937 25,846 57,702 28,239 85,941 25,846 57,702 0 28,239 25,846 85,941 25,846 2021 £ |
|---|---|
The directors statements required by s475(2) and s475(3) are shown on the following page which forms part of the Balance Sheet
The notes on pages 9 to 12 form an integral part of these financial statements
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The Halo Project
(A company limited by guarantee)
Balance Sheet (continued)
Directors' statements required by the Companies Act 2006 for the period ended 28th February 2021
In approving these financial statements as directors of the company we hereby confirm:
(a) that for the year stated above the company was entitled to the exemption conferred by section 477 of the Companies Act 2006;
(b) that no notice has been deposited at the registered office of the company pursuant to section 476 of the Companies Act 2006 requesting that an audit be conducted for the period ended 28th February 2019.
- (c) that we ackowledge our responsibilities for:
(1) ensuring that the company keeps proper accounting records which comply with section 386 of the Companies Act 2006, and
(2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its surplus or deficit for the year then ended in accordance with the requirements of sections 394 and 395, and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company.
These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
These financial statements were approved by the board on 15th July 2021 and signed on its behalf by
Claire Preston Director
The notes on pages 9 to 12 form an integral part of these financial statements
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The Halo Project
(A company limited by guarantee)
Notes to financial statements
for the period 1st March 2020 to 28th February 2021
1. Accounting policies The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding period. 1.1 Basis of accounting The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Companies Act 2006 1.2 Incoming resources All incoming resoiurces are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific preformance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilioties are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
1.3 Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
| 2. Fixed Assets Cost At 1st March 2020 Additions At 28th February 2021 Depreciation At 1st March 2020 Charge for year At 28th February 2021 Net Book Value At 1st March 2020 At 28th February 2021 |
Land and Property - 88,280 88,280 - 345 345 - 87,935 |
Office Equipment Total - 10,163 98,443 10,163 98,443 - 1,220 1,565 1,220 1,565 8,943 96,878 |
|---|---|---|
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The Halo Project
(A company limited by guarantee)
Notes to financial statements
for the period 1st March 2020 to 28th February 2021
3. Voluntary Income
| 3. Voluntary Income Stockton Borough Council Jill Franklin Trust Other Donations 4. Activities for generating funds Training Fees Received 5. Other incoming resources Bank Interest Received Sundry Income Capital Grants |
2020 Total Restricted Unrestricted Funds Funds funds £ £ £ £ 43,190 43,190 - 39,857 21,000 21,000 5,049 5,049 - 30,643 69,239 69,239 0 70,500 2021 2020 £ £ - - - - 2021 2020 £ £ - - - - 59,852 59,852 - 2021 |
|---|---|
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The Halo Project
(A company limited by guarantee)
Notes to financial statements
for the period 1st March 2020 to 28th February 2021
| 6. Employees Employment costs Wages and salaries Social Security Costs |
2021 2020 £ £ - - - - - - |
|---|---|
There were no employment costs in the period
No Trustee received any remuneration or benefits in kind during the year in respect of their role as a Trustee.
7. Taxation
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes act 1998. Accordingly there is no taxation charge in these accounts.
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8. Debtors
| 8. | Debtors | 2021 2020 |
||
| £ £ |
||||
| Voluntary Grants not yet deposited at Bank | - - |
|||
| - - |
||||
| 9. | Creditors: amounts falling due within one year Deferred Revenue Grants Trade Creditors Amortised Capital Grants |
2021 2020 £ £ 82,076 - 600 250 80,000 - |
||
| 162,676 250 |
||||
| 10. | Analysis of net assets between funds Current assets Current Liabilities Fund balances at 28th February 2021 as represented by: |
Total Funds 151,739 162,676 |
Restricted Unrestricted Funds funds £ £ 61,000 90,739 100,176 62,500 |
2020 £ 26,096 250 |
| -10,937 | 161,176 28,239 |
25,846 | ||
| 11. | Unrestricted funds | At 01/03/2020 £ |
Incoming Outgoing resources resources £ £ |
At 28/02/2021 £ |
| Unrestricted funds | 24,680 | 41,651 12,642 |
53,689 |
12. Company limited by guarantee
The Halo Project is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required, not exceeding £1, to the assets of the charitable company in the event of its being would up while he or she is a member, or within one year after he or she ceases to be a member.
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