numb8r 1165419 WORK RIGHTS CEKfRE (WORC) (Registered charity no. 11654191 ANNUAL REPORT AND UNAUDITED FINANCIAL sTATEMErs FOR THE YEAR ENDED 31 MARCH 2022 NIP hUntants Lid
WORK RIGHTS CENTRE (WORC) (Reglslered Charlly no. 1165419) REPORT AND FINANCIAL STATEMENTS for the year ended 31 March 2022 CONTENTS Page Legal and gdminlslratlve Informailon Truste85' annual report Indw>endeni Exaffllner's report Si•tement ol flnancial activltles 12 Balance sheet 13 Notes to the Ilnan¢lal staiements 14
WOFIK RIGHTS CENTRE {WORCI Reglslered charliy No. 1165419 REFERENCE AND ADMINISTRATIVE DETAILS for Ihe y1 endod 31 March 2022 Chartty name Work RvJhts Centre IWORCI Charlty reg. no. 1165419 Trusteos Luke Piper lapp)intBd 31 March 2022). Chair Laura Chilintan, Treasurer Sadat Sayeed lapFK)int8d 13 Decernr 20221 OTTra 8ou Zeinethjine Laura Gabriela Tu Andrei-cosmin Decu Holly Rose Rob'nson (resigned 04 August 20¥dl Julia Himmrich Iresigned 31 March 2022} Sonlor staff mèmbers Cla-Olma Vwl. CEO Kasia Figiel, COO Reglstered olllce 379-381 High Fload London NW10 2JR Ind•wndenl examiner Chartes Ssempijja, FCA NFP Accotjntants Ltd 3rd FIooT. 8&90 Paul Street London EC2A 4NE Bank•r 25 Kings Hill Aver lfjros Hill West MallirKJ ME19 4UQ
WORK RIGHTS CENTRE IWORC) (Aeglsternd ¢harlty number 11654191 TRUSTEES. ANNUAL REPORT for the year ended 31 March 2022 The trustees wesenl their annual reF¥M fInaral Sklemenls of the charity lor the year end8d 31 March 2022. Referere arKJ administrative lnlomiat1n set oul on page 1 lorms pan of this rert. The financial statements compty with current slalutory requirements. the chan'vs governing ¢Jocument. and the Statement ol Recommended Practice - Accounting and RewrtiThJ by Charitses.. SORP 2015 FRS102. Income and expenditure have been analysed by nature rather than by activity, takirwJ advantage ol se¢ticM)$ 4.6 4.22 . 4.23 of this SORP. STRUCTURE. GOVERNANCE AND MANAGEMENT How th• chartty Is con$lltuted Wortt Rights Centre (WORC) a registered charitat4e i1Orrated organisalion ICK)I number 1165419. Thè governing document of the charity is Constitution dated 14.01.2016, as amended on 05.05.2016 and 28.10.2021. The Work Rights Centr6 Conststution doffin¢s the 0tr4ects and powers of the charity, other procedures and control measur8s. AH actrvitres arg in xcordance tthh Charity Act 2011. At the Work RKJhts Centr•. the gov•marTh frameork résts on a b8drcd ol: The Work RKJhts ntre Constitution. Tho Charity Commission Essentiaj Trustee GuKIe. Trustees, Rol8 Descrimion [Whh is informed by the CC Essential Trustee Guid8}. The Work RKJhts Centre Govemance Guide, t+lich buikls on the Charity G0Vema Code. Twstoe8 rncw11mI Trustees are appointed by a resolution passed at a property convened meeting ol the charity trustees. Each tnJslee has a fixed term of 2 years, whh can be renewed. In seleciing candidates lor charity Iruslees. the Board considers the skills. knovledge and experience needed lor th8 effective administration ol ihe CIO. The Board also seeks kn appoint members fr7 a diversty ol bad(grounds. Trustee Inductlon and Iralnlna New trustees aro ints through a ffle6ting vlith managamant trustees arè provided with access lo the Work RwJhts Centr• Governa Guhje arKI assctiated dctuments New truslees are also asked to complete a personal det&ls lorm, a declaration ol interests. and a skills audit lo identify training needs. All Iruslees are encouraged lo undertake saleguaidiro training eady in their lenufe il they have not already. and are regularly off8red Irainiw on othèr mattels CO81n1r wvemance.
WORK RIGHTS CENT AE {WOAC) {Reglstèred eharity nurnber 1165419) TRUSTEES, ANNUAL AEPORT for ihe year ended 31 March 2022 &W¢Te and Work Contexts The Work Rohts Centre has a de(cated 8oard ol Trustees relèvant expertise who me&t quarterly to shape the direction ol the charity. 10 scrutinise finaes, ar#J lo ensuro all acllvities aln with th& charity valu6$ and coniribule lo Ihe charitys mission. Each year in November trustees and all stafl attend a VisKJn Day 10 develop revièw.. The charitatAe PUTfrt)se. in hghl ot the external envirMmenL Business Plan wlh a fccus on". the benelils and risks ol partnerships. O our resp51b1Ity towards our slakehotders, O Ihg suslainabilty ol our income sourees. Risk assessment. Delegations Iramev•Drk- eslatAishing the boundaries ol deasion rna¥ acrctss the Board, and b•trNeen the Boafd and stalf. communicakn.ons policy- estatth'shing key stakèholdgrs. In February each year a Plannir•J Day is attended by truste05 a1 sgnior staff to formally approv6 and minute Adoption ol the annual Business Plan with a Ic¢us (m.. o the benefits and risks ol partnerships o our resps1MIlty towards our stakehold8rs o the sustainability ol incorne sources Yearly 8udgei Risk register Delegations framework - eslat4islNng the i)oundaTies of decisicffi makiNJ Xross the Board. and betsveen the Board and slall Communarts l1¢Y . estatlishing key staketrmjlders Day to day operations and management is delegaied lo Ihe Ch[ ExeculNe Officer ICEOI in line with the objeetives and delegations approved in the Business Plan. The CEO and COO are supported by the Resource Committee IFinance, Risk HRI, Ihe Communications. Advocacy Fundraising Committee, and the Service Delivery Svtrxommittee. as well as by fegular meetings th the Chair. Rel•tedpJrtl•s Non8 ol our Iruslees receive remuneralion or olhef benefrt from thair wcKk ryth the charlty.
WORK RIGHTS CENTRE (WORC) (RegIster charfty nurnber 1165419) TRUSTEES. ANNUAL AEPOAT for the yoar ended 31 Mar¢h 2022 Rlsk M•nagement A detailed risk register has been establrshed which IS UPMYal&J perdICallY lo meet the needs of the charity. th a tull review conducted ai least annually. Risk is assessed on likelihood ol occurrence. and potential impact. Each risk afea has the risk owner spea1d. and syslems and procedures have been established to miate risk$. The trustees deem that appropriate m8asures are currently in io mitigate risk, paitulaty in tho light ol the ongoing drf1utt ecOn(lC climate. TnMh•s' r•sponslbllltles In rnltl(m to Ilnanual slalements Trustees are responsible for the kYeparatvJn ol the accounts in a¢xordance with the requirements of the Charities Act 2011 Ilhe Acl") and lor being saiislied ihai they give a true and fail vw, and lor such internal control as the trustees determine is necessary to enatle Ihe preparabcM) ol tsUn that are free from material misstatement, vthether due to fraud or error. Ind8p8ndeni ExamlnJtlon olAccounts The Independent examiner carries out an examination ol the Charity's accounts under section 145 of the 2011 Act, and prowdes a report conlirrning whether or not material matters have com8 to their attention in connection wrth the accounts which wouhl gwe rise to eoneern. CHARITY OWECTIVES AND ACTivmES The tharitys purpM)se is lo prevent relieve poverty for bènefit. by breaking the vicious cycle of precarious work (being emFloyimenl Wh is low wage and low protèction arxl offers no job secuiityl, insecure housing, and socia iso&lN)n whth affects vulnerable people, particularly migrant and ethnic minority workers. in insecure jobs in the UK. T1$ is by.. as$istiThJ pcplè are in, or at risk ol, FKecarM)us ¥Kirk wilh inlormalN)n. a¢fvice and casework on how to access fair arKI lavhul employment, IMMl8110n status secuTlty. financial assisiance, and other n8c•ssary coThlltions ol social mobility.. b) conducting research ar evKlenee-based campa3ns lor laiTer efflrAoymenl, bett8r social intogralion, and Sla1 mobility.. c) raising awareness of tho darws ol we¢ar5 wryk arnl Sock immobility. by 8rrfJaging felevanl stakeholders in the businoss, wtrjic. and third sectors.
WORK RIGHTS CENTRE IWORC) (Reglslered charlty number 1165419) TRUSTEES, ANNUAL REPORT lor Ihe year ended 31 March 2022 Actlvltles The chanty's main ivities are Emp0Ye1rt RwJhts a1 EmFloyatilty Clin5 taking place in Brant, Lon(k)n al the Manchester Central Ltnry. The Clin$ are (ned to be aeSsle lo Ihe c(Nnmunibes we seek to assist, based on feedback we have rèceived from beneficTies. They are free, conlKlential, and muttilirwjual - by a team covering seven languages inclLiding Rofflanian. Bulgarian, Polish. Russian and Spanish. many ol whom have lived experience ol working precariously and applying lor wellare. The charitys experigwl a(fvisers help vulnerable mw3rants tmth four key areas of advu.. Employment rhIS - helng peOe challeng9 unfair dismissals. makirKJ sure kn access redundancy rights. ar recover any unpaid wages. welfa - assisting beneficiaries who tace barriers ol dvJital illiteracy. FhJ)r English, or informal housing arrangements to access Universal Credit. Employability - our GV txJik'ThJ arbJ Cover Letter WTitirwJ oxportise lo help p80ple Klentify and apply for new wsitions. and workir¥J on blaries. sense of conlideru by helpirwJ th8m identify transferable skills. EUSS - advisbng benelbeiaries who have not yet secured their status or are still awaiting lor the outcome ol their EUSS apylicatKJns. Beyond providing Urge hèlp. Work R3hts Centro's aCtvms contributè to long.term change by giving people the information and se11-conlidee they need to reach their full pol8rrtial. This is through.. Workshops and inlormatson sessions. Every month wo Ivjkl se$sn$ in sch(x)Is. Icthbanks. Fa¢8$ of worship or local English classes. InfLraphIcS and video tools. Every Saturday we answer the week's top questions in an accessible visual formal Translaied in seven languages arMJ disseminated via soryal media, tY help us build awareness aThJ trust in mwJrant communities.
WORK RIGHTS CENTRE (WORC) (Reglstered charity number 1165419) TRUSTEES. ANNUAL REPORT lor iho year ended 31 Mar¢h 2022 Publle b•n•lh The Tnjstees conlirn that in plannirwJ the charitS activitiès. Ihey have relerred to had regard of the Chanty Commission's guKlanca on pu1¢ benelil. ACHIEVEMENTS AND PERFORMANCE The WO RKJhts Centre urKJefstands that ro1 data is key to undersiarKthng eomFdex issues and has developed a sophisticated CRM system to capture data from front line dinics which can increasingly be used inlomi research and to cOntrie to collectrve impact initiatwes. and to intomi policy with a view to athjressing sysiefflic issues. Our data Pfovides evidence that from April 2021 to March 2022. the Woth Rights Centre has continued to grow and has made several milestone achievements against our three key obiectiV8 areas." Service Provision, Research and PcAicy Inuenc1ng, Communicati(YlS. A) Servlce Provlslon: Free. conlldentlal multlllngual employment and irnmigration rlghts cllnlcs held In London and Manchester IComeS Irom actlvllles". Clinti assist people at risk of precarious work with information. advice and casework on how lo access Iwr arKI lawful employment, ifflmigration status secuitty, financial assistance, and other necessary ¢onditions of sCtI rnotx"lty. In tems ol outcomes. people who are in, or who are at risk ol being in precarious employment are able lo find decent work arKI Teceive a fair income. Resolution of immvJration and housiThJ issues provides a basis lo buikl social mobility and economic security. Performance Measures: Evidence is collected through qualitative arKJ quanlitalive data ol clients a¢hi¢ving dK¢nt worl( and social mobiltty, indudinp.. Overall: number of beneficiaries. satisfaction with charity, woukl recommend. Employm8ni rights: money r0Vered,. issues solved. Employknlity.. beneficiaries took up employment: sell-employTment', volunting. ESOL training. Benefits.. teneficiaries were awarded Univwsal Credit. Immigrati(>n.' beneficiaries wh) obtained EUSS. Attrfudes.. beneficiaries feel more conlhyeni in undotstarKling 1r employment rights, looking for jobs, and accessing Universal crlit.
WORK RIGHTS CENTRE IWORC) {Reglstered eharily number 11654191 TRUSTEES, ANNUAL REPORT lor the year ended 31 March 2022 Achlevements durlng the reportlno perlod 01A14r21 to 31103r22: London Sefvice Provision Helped 1264 beneficiaries challeroe verty Mth a(fvice on employTment rights. nelit$. houslrwj. eMploYa'11ty OT ifnmvJration. up from 900 in the wevious ieFQrting period. Recover £46,563 in unpatd wages lor clients through our London din. (Y those who reswnded lo the salislaclion monitoring questions.. 82 clienls193%1 reported teeliThJ more ¢onlidenl in underslaThling their employment lights. while 6 ITrA} did not 0 10 clients(30.) gol a jcJ after we assisted them, 74hilsl 23 (69.7%) dKI not. 20 clients 166.67°Al got a job interview alier we assislecl them, whilst 10133.33%) dKI Th)1. 25 cli6nts164.1 V.) were able lo receive Universal Credit in lull, and 1 client12.56°kl was able to feceive Universal Credrt minus the housing element. 40 dients197.5W.I wd they knew mor8 atJul s¢xial security after we assisted ihem. whise l elient12.44%1 dKJ rK)l. Developed subject experts on ernoYment rights, Unwersal Credrt, homelessness and NFIPF, temporary work visas. lo keep Ihe charity able to deal wth complex enquiries. identified the ne lo recruit qualified solicitors in the role of Head of Immigration and Head of Employment. Widened the lerra1 netsYcKk as per the lour areas of expert¢5e {emOYMIlégaI advic8.' benefits solicilors.. homelessness. finarla1 sijpwrt includiro NRPF., immigration thi¢è at OISC 2+1. Equipped the charity with the ability lo provide immwralion advice at OISC Level 1, to better understand and support non-EU beneliciaries wtM)se emFAoymenl inquiries intersect %wth immigraiion status. Worked with comms to produce a soThal media outreach strategy content base. Shared social media Infograph to uphold that strat8gy. Established a live cwtreach strategy. lo ensure that the charity remains vi8ible 10 vulneratjle bene1lar1eS. 10. Established meaninglul relationships th eKJht boroughs trom the LA targel list. to open opportunities for outreach local governmenl lun(ng. 11. Set up relationships with courKils' emfAoyment departments. to rec8ivo job OPFQrtunilies arKI dir•ct access to employers (via the cou11'S working groupsl- 12. Widened the signposting database to irclude domes1 violence. families suwth. Manchester Serv8 Provision Helped 178 beneficiaries challervJe p)vety *ith ¢)n eMent rights. welfare, housing. employaknlity or iMMration status, up Irom in the pr8vN)us rwiro period. Recovergd £4,386 in unpaid wages lor clients ttwwgh our IAanchesier ¢liiMc. Recruited volunteers wlliro lo commit 5orwJ-twm. Trained th8 aSsisnI in workers, rwJhts casework. Shar•Y empfoyability expertise with tho LorKlon team. Widaned the signposting daiabase lo irKludè 11 Irairmng (general literacy a1 career specilk).
WORK RIGHTS CENTRE (WORCI (Reglslored charlty number 1165419) TAUSTEES. ANNUAL REPORT for the year ended 31 March 2022 Worked wilh comms to prcKlw a socid media outreach strategy and contenl base. tailored 10 ttter defined groups of benefiarbes (by sector}. Shared Sla1 media infograrknics to uphold that strategy. Established a development and live treach strategy. to ensure Ihat the chaiity remains visible to vulnerable beneficiaries. 10. Maintained and develoF*d relations wilh homelessness charrties, such as the Booth Centre. 11. Estsblished links with organisaivjns that can supwrt our clients with ernploymenl justice,. particularly the Grealer Manchester Law Centre a1 Uom Legal Ave Clin. 12. Improved relations with Romanian arKi Italian consulates. B) Research and evldenc&based campalgns and Influencing lof lairer employmenl, beiier social Integrallon. and soclal moblllty. Outcomes Irom adlvities.. In adthtTr to athlressing the urgency ol poverty Ihiough casework. we seek to unleash the chanty's FQtentiJ to affe¢1 SySlem¢ change Ihiough research and policy influencing. While the locus to 2021122 remained on client work. the Charity has developed the data and expertise lo develop a robust. ovid8nce-based policy agerKla and a key out¢offle lor thts r8PJrfing period was to r9cruit a Research and Poli¢y Officer to expar#J this area. Parformance Measuro8'. Research arKI poly reports. Case Siudies. Strategic libgalion, Strateot alliances formed. Number and qualty of stratw alliances fNmed with relevant stakeholders, organisalions or coll8clive Initiativos. Strategi¢ liligatlon undertaken where this is the most approEwiaie way to Inlluenc8. Loroer tem) we are kk1j for slralegr poIY che al a kxal or narional level. hlev•m•nt$ durlng ih• r•portlng perlod 0110412110 31103122: Our key c&J'eLtive duriThJ period was 10 recruit a Poly and Aesearch Olli¢er. This was not achieved during the repMirYJ wrlyl. t1 1$ now in place. In addition we: Dralied a wllry inlluencirKJ strategy, setting our obJectTrves lor )1Y change. the evKlence we need to chan08 them. arKJ the key stakeholders we need to engage wlh across the four areas ol alfve we eover. Draftod a p)Ilcy.Inspired research 4eTrJa, 10 ensure thai OUT advocacy i8 ground&J in evid8nce. Compiled a pollcy in1lue1Thj calendar, to Kmrilise the slakeholders and events wo n88d 10 influence.
WORK RIGHTS CENTRE (WORC) (Reglstered charlly number 11654191 TRUSTEES, ANNUAL REPORT for the year ended 31 Mar¢h 2tr22 c) Communlcatlons with medla Jnd engagement wllh relevanl stakeholders In Ihe bu8ln889. public and thlrd $8clors to Increase awareness ol the dangors ol precar1$ work and ¢1•1 Immoblllty Outcornes from activities.. We anticipate IV main outcomes from our communications activtlies. Firstly. people will have increased aece&% to htgh-qualty information and athice a1 will have an increased knowledge ol their rights and enlidemenls. Secondly, we can increase otportuntbes lor people with "lived experience" ol moration to influence the Oicie5 and decisi making strLthres and setvices that affoct them and their communities. Performance Measures.. Number ol media mentions Data analytics on S(la1 media ouw Number ol speakinty presenb"w OPFQrtunilies Communications too& develoFd accessed by di8nts Achlevemenls durlng the reportlng peflod 0111)4r21 10 31103r22: Raised the public profile ol the charity. Vilh mentions in respected media and deveh)ped good relationships with journaltsts (Guardian, Times. Independent, I, FT, Bloomberg). Gave our readers useful information and resources on public interest tow such as fKJhts after Brexit, EUSS, the Ukraine schemes, Universal Credil. Built and delivered slate ol the art digital tools which wKlen to infomation and justice. including the Universal Credit el[gi.IIty quiz. and the eM[)YMent slatus qLJii. FINANCIAL REVIEW In the last year the charity expenses neaty th)ubled from £129.435 tn 2020121 tr) £242,424 in 2021122. The funds were used largely to supporl our 8xpanding service provision in LoThlon Manchester.. including slafl salaries, contractor costs. SLKial security payments arKI rènt. Wè also made a significant invéstment in the deveknpment of a new miJlli15ngual dlia[ tool lor those hjoking to uThJerstand theif eligibilty lor Universal Credit. Over the financial yeaf, the charily income has grown from £215.642 to £253.605. Tr grants arKI donations income has decreased slightly Irom £209.742 in 2020r21 to t197.017 in 2021122, however we were to significanY grow our earned income. The principal source of income ol the chaiity are grants Icirca 77Y.l. We have raised a mix ol large, medium small grants Irorn a variety of luThYers iludIrj Trust lor London, Tudor Trust. Garfield W&slon, Vou4Change, Eufopean Social Fu1 Ito supwrt the Manchester Clinic) and Brant NCIL Ilo support the digital tool developmenll. Our income Irom donations has increas&J by from £4.299 in 2020121 to £5.938 in 2021122. Our earned Iiwme Irom charilabje activities such as Iraining. research and other conlracl work has increased 5ignilicanYy to £56,588. We eThJ the year in a slrong linancrdl p)silion and ambitious plans for expansion in 2022123.
WORK RIGHTS CENTRE (WORC) (Reglstered charity number 1165419) TRUSTEES. ANNUAL REPORT for Ihe year ended 31 March 2022 ReseNes PolKy The charitys Fdicy is to hokl a minimum 3 months, worth ol base nJnning costs in unrestricted funds to be available at 1 times. At the year end. this equated lo £39.594.Over the last financial year the charity was able lo grow Fts unrestricted reserves Irom £59,078 al Ihe of March 2021 to £142,758 at tho end of March 2022. We are grateful to the charity's funders who have enabled the charity to grow ils reserves. We have set a strong budget lor using these funds in the coming financial year. which includes signiticant irNestment in expanding our case th capacty and research and F)olicy work. After making apwpriate enquiries. the trustees have a reasonable expectation that the charitable trust has adequate resources to continue in operational existence for the loreseeable future. with the continuing support of its funders. For this reason. they continue lo adopt the going cOern basis in preparing the financial statements. Further details regarding the adoplion of the going Concern basis can be found in the Accounting Policies. Approval This report was aFvoved by the Trustees on 27 January 2023 and sKJned on its behall by.. Luko Chair 10
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORK RIGHTS CENTRE (WORCI (Charily number 116Y19) I r8POrt on the financial statements lor the year erlled 31 March 2022 sel out on pages 12 to 20. Responslblllties and bas1$ of report As the charity trustees ol the Trust you are responsible for the reparation of the arxounts in aCrdance wtlh the reouiremenls ol the Charities Act 2011 1.the Acl'l. I rewrt in respect ol my examination ol Ihe Trust's accounts out UTKler section 145 of the 2011 Act and in Carrng out my examinaiion I have lollowod all the applicable Direcbons gNen by the Charity Commission under section 1451511bl ol the Act. Independent examiner's $latemenl I have completed my examination. I confirm thai no material matters have come lo My attentn in cgJnne¢tion with the examination giving Me cause lo believe that in any malwiaf respecl.. accounting records were not kept in Yes ol tho Trust as requed ty section 130 ot the Act,. or the accounts do not accord 7Mth those records,. or Ihe accounts do not comply th the appltabl8 requirements conceming the lom and content ol accounts set out in the Charities IAccounls and RerN)rtsl Regulations 2008 other than any requirement that the acwunl$ give a 'true and lair view which is not a mattel considered as part of an independerrt examination. I havè no concems and have come across no other matters in connectw)n with the examK)ation to which attention shoukl be drawn in this rewt in der to enat4e a Kwoper understaThling of the acmints lo be reached. Dlsclosure: Departure from Ihe 2(K18 Regulati¢>ns Your attention is lo diawn to the lact that thè charity has prepared the finarla1 slalements in aco)rdance with Accounting and Reportiro by Gharilies." Sralemeni ol Recornmended Pfaetice, PutIShed on 16 July 2014 in preference to the A(zounting and Rep)rting ty Charities." Sratement of Recommended Practice issugd on 1 Aw'l 2005 which is relerred to in the extant regulations but has since been wnthdrawn. Wè understand that this has be8n done in or(ler l¢y the accounts to Fov*Je a Iwg and la view in accordancg wth the Geneially Aecepigd Accounting PraciKe ettective for relrng p8riods beginning on or after 1 January 2015. Charle$ Seemplma FCA NIP Accountants Ltd Chartered Accountants 3rd Floor, 86-90 Paul Street EC2A 4NE Dale.. 27 January 2023
WORK RIGtrtrs CENTRE IWORCI (Reglstered chadty no. 11654191 STATEMENT OF RNANCIAL ACTivmES tor ihe yr ended 31 M•rch 21r22 Unrèairlcied Restrletthj Total Fundg itricIe£l Restricted Tolal Funds Fund# Fund 2022 F¢Jrtls FuS 2021 COME FROM Gifts. grants ar%J ¢kw)ats"¢yi Eame41 ineome 39 134078 197.017 56.588 39.2 170,443 209.742 TOTAL INCOME 45. 199 EXPENorruRE ON Gross salariè5 Emt4oyer's Nl Employerfs PersJn Other employee teneffts Nonpyroll siaft costs 13.242 159,522 8,487 3.217 1T1764 224 3217 5,496 *137B 4,213 2,165 .872 121 6,378 33,872 4378 Re Web IT Di9rtI Tool itsty 1416 143 2.559 20.492 1146 4193 12 6.416 1,218 io yo Banknro fees Pro1 Partners Examinefs lee 12 S5 397 1 J17 TOTAL EXPENDrnIRE 577 8,218 121.217 Transfers betsyeen funds 5.098 (5,0981 44. 128 NEf MOVÉMEMf IN FU1409 (rnWJ91 11.101 42,079 86.207 RECONCtUATION OF FUNDS TOTAL FUNDS AT 1 APRIL 2021 59.078 nw5 131703 16.999 29,497 46,496 TOTAL FUNDS AT 31 IAARCH 201 14 758 1 126 143 59.078 12
WORK RIGHTS CENTRE IWORCI (Reglsiered charlty no. 1165419) BALANCE SHEET As at 31 March 2022 FIXED ASSErs Intangible assets TangKble assèts Noles 3,307 3, 703 1,758 5.461 6,120 CURRENT ASSETS Oiher debtors.. prepayments Cash ai bank and in hand 815 145,899 132.203 CREDITORS.. amounls falling due withln one year {8850) (5,949) NET CURRENT ASSETS 137,764 127.242 NET ASSETS £ 143 £ 132.703 FUNDS Fl&Stre funds General fund lunrestricledl 1.126 142,758 73.625 59,078 TOTAL FUNDS £ 143 £ 132,703 These linancbal statemerns have been prepared in accordance wilh the Statement ol Recommgnded Practice-. Accounting and RepKJrting by Charrties 2019 IFRS1021, and the Charities Act 2011. They were approved, and aulhorised lor Fssue. by the Irusiees on 27 January 2023 and signed on thair behall by.." Luke Pl1 Chair The anxed notes lonn part ot those finala1 statements 13
WORK RIGHTS CENTRE (WORC) (Reglstered company no. , reglstered chafliy no. 1165419) NOTES TO THE FINANCIAL STATEMENTS lor the year ended 31 March 2022 1. ACCOUNTING POLICIES Basls of prnparntlon ol Ilnanclal ststements The linancial statements have prepared under hisioricJ cost convenlion with iloms recognised ai cost or transaction value unless otherw Slated in the relèvant noie{sl 10 these accounts. The financial statements have been prepared ffi accordance with the Sialement of Recommended practe.. Accounting and Reporting by Charities 2015 IFRS1021 leffectiv& January 20151. and the Charibes Aci 2011. Income and eypenditLre have been analysed by nature rather than by activty, takifb3 advantage of s8ction$ 4.6 4.22 - 4. ol Ihis SOAP. The effect ol events relating to the year ended 31 March 2022 Tothich occurred b8loro th8 date of approval of the linancial statements by the Trustees has been included in the linancial statements to the extent required lo show a trLEe and tair view ol the state of affajis & 31 March 2022 and the results lor the yoar ended on that date. The linancial statements havo been prepared to gNe a Irue arkj lairf view and have departed Iiom the ChIlleS IAecounts arKI Rewrts} Regulaiions 2Crf)8 only to the exleni required lo provide a Irue and lair wew. This departure has involved lollowng SOAP 2015 rather than ihe Accounting and Reporting by Charib"es'. Ststernent ol Recommende(f Prathe effective Ircmn l April 2005 ISORP 20051 which has since been w4thdrawn. bIle benefft entlty The charity meets the definition of a public tenefit entity urKJer FRS 102_ Golng ¢on¢em The trustees consider that there are no material urwtsinties at#)Ut the charis ability lo continue as a going concem. Key judgernents that the charity has fflade which have a sjnilnI effect on the accounts include estimating income and expen(thtur¢ for the next 12 months. Statemenl ol Cash Flows The chafty has taken advantagè ol the examptK>n in Seclion 7.IB ol FRS102 not to prepaie a Staiament ol Cash Flo. Incom• All incomiThJ resources are lrtluded In thè Ststomgnt ol Finala1 Aclivilies when thè Gharity is eniilled 10 Ihé income and the amount can be quanlilied with reasonable accuracy. Grants which hav& a rOSlriction as to timing are recognised over Ihe perK)d lor wthich they are given. The vdue ot ser4ices provKJBd by volunta8ts has r(Jl been includ&J the accounlg. 14
WORK RIGHTS CENTRE (WORCI (Reglslered company no. , registered chaflly no. 1165419) NOTES TO THE FINANCIAL STATEMENTS lor thè year ended 31 March 2022 Fund accounting General are unrestithd funds which are availatde l(Y use al the discretion ol the TnJstae8 in furtherance ol the genefal obj.ects ol the Charity arffl whtch have noi been desonated for other purwses. Restrict funds ara funds whrch are lo be used in ae0)rdar wth sp8ryfic restrictions imFos8d by donors which have been raised by the Charity lor partlaT purposes. The cosi ol raising and adrninislerir¥J such funds are charged againsl the Spe¢rf lurMY. The alm use of each restrieLl fund is set out in the notes lo the financial statements. Statutory grants which are gtven as conlnYyJtions towards the Charitys core services are treated as unrestrictecl. Expendllurn and inO¥ernble VA T Expenditure is recognised once there is a legal cw conslructive obligation to make a payment to a third party, il is prObate ihal setllemenl will be required and the amount of the oblat)n Can be measured reliably. Expendrture ts consrdered all 10 relate lo All the expenditure ol the charity is in thg lurth9rance of ils chafltable activities and inclL¥des the costs ol delwing services undertaken to further thè purposes of the chaiity and their assLxiated support costs. Tangible lixed assets All assets costing more than £100 are capilalised. Tangible fixe(l assets afe Stated at eost ths deweeiation. Depreciation is Prov at rates calculated 10 write off the cosi ol lixed assets, less their estimated resKJual value. over their expected useful lives on the following bases.. Ottice equipment Debtors Tiade and other debtors are recrrtjnised ai the setttemenl amount thje after any trade discouni off•red. Prepayments are valued at the amount prepaid net ol any trade discounts due. Cash at bank and In hand Cash al bank aThg cash in harxl includes cash arrfl short tem hvJhty liquid invèstm8nts with a short maturity ol thiee fnonlhs or les5 from date of wjisition or opening ol the dgposit or simiLgr account. Credllors 8ndprovi$ions Creditors an¢J provisions are feccKJnisI where the charity has a psent okl9allOn resuhing from a past event that will probably result in the transfer ol funds lo a third paty the amount due 10 sott10 the obligation can be measured or eslimaled reliably. Crediiors and 0vISiOnS are normally recognisod al their settlement amount alter allowiro lor any trade discounts duè. The charity only has Iinar¢ial asseis linancial liabilities ol a kiTrJ that qUalY a5 baslc linawal instrumenis. Basic tinartial instrumenis are initially recognised at transaction value and subsequently measured al theii settlement value wrth the exception ol bank loans which are subsequently measured at amortis&J cost using Ihe effeclw@ interest method. 15
WORK RIGHTS CENTRE {WORC} (Registered company no. ? reglstered charlty rKJ. 1165419) NOTES TO THE FINANCIAL STATEMENTS for the yeat ended 31 March 2022 2. GRANTS AND DONATIONS Unrestrlcied Funds 2022 Restrieied Funds 2022 Total Fund8 2022 Total Funds 2021 Barrow Cadbury Tntst Brent Advice Fund CAST COMMUNITY 8amet European Social Fund Garlield Weston GLA Microgranl London Catalyst Harrow Giving London Communty ReSre Fund Brent NCIL Trust for London Trusthouse Chafitable Four•J*K)n TLJdor Tfust Voice4Change Waiiham Forest.. Communty Fellowship Waltham Forest". EDI DeVeWent Fund Waltham Foresi: SupFth for Vunerable Citizens Other donations 180 6,347 21,700 1,500 5,000 6,347 9,241 19.900 9,241 19,900 20.000 17,000 11,854 17,OlJO 8,000 5,000 10,000 50,889 25,000 ,500 S,828 5,828 10.1)00 10,000 35,000 10.000 37,OL 10.IXMI 2,412 2,412 1.250 1.250 9.520 9,920 5.939 5,939 60 939 £ 136 0711 197 017 £ 209.742 16
WORK RIGHTS CENTRE (WORCI (Registered company no. . registered charity no. 1165419} NOTES TO THE FINANCIAL STATEMEPlfS lor the year ended 31 March 2022 2021 Unrèslricled Resfrycl8d FUTr Furkls 2021 2021 Total Funds Baffow Cadlw Tmsl CAST Tudor Tnjsl rrusl for London Brent Ad Fund EurLwaan sal Fund London Caialyst London Community Reswnse Fund Harrow Givir GLA mrOgrant Brent NCIL Other donatnS 21.700 21.700 37.000 29.500 1,500 11,854 5,000 50.889 10.000 8,000 29,500 1.500 11,854 10.000 25.G 39.299 £ 170,443 £ 209.742 3. STAFF COSTS AND NUMBERS Unrestrlcted Funds 2022 Rostrlcled Funds 2022 Tot81 Funds 2022 Total Funds 2021 Gross salaries E0yerS Nl ErnoYe8 Pensth)n 13,242 159A22 8,487 3,217 171764 8.487 3.217 1.040 13.242 1n,226 184.468 Short lem) staff costs 74.030 TOTAL STAFF COSTS 13 242 £ 171 226 74.030 Th? average wookty number ol staff on a head ClnI basis was 11 12021 _ 6}. No statl received paents In excess 01 £60.000 (2021- the same). The total employee benefits of the key management persml wer8 £54,581 12021 . £33,872). 17
WORK RIGHTS CENTRE (WORC) (Reglstered company no. , reglslered charlty no. 1165419) NOTES TO THE FINANCIAL STATEMEKrs lor the year ended 31 March 2022 TRUSTEES AND RELATED PARTIES During the year. no trustees rec•ved payments for services provKled io Ihe charity {2021- Ihe same). No trusiees y* reimlxJrs&J for expenses incurred on the charity's behall {2021 - the same). Two payments of total value ol £19.992 vrte made in March 2022 to Webistics Ltd. who are a related paty lo the Charity Director. This was for creaiion ol a complex cuslom-mad8 multilingual digital tool that simplifies the requirefflents for Universal Credil, to increase access to welfare. Trustees consering Ihe matter wefe satisfied that the charity PrureMent Polity was lollow&Y correctly. 5. INTANGIBLE FIXED ASSErs CAM Cost At 1 April 2021 Adclilions Disposals At 31 March 2022 Amortisatlon At 1 April 2021 Prowded during the year On disposals Ai 31 March 2022 265 396 661 Net book value Al 31 March 2022 At 31 March 2021 3, 703 TANGIBLE ASSETS Office equlpmént Cost Al l Apiil 2021 Additions Disposds Al 31 March 2022 2,865 2,372 DePrlatIOfi Al l April 2021 Provided during the year On disposds At 31 March 2022 1,107 1.317 2.424 Net bc•ok v•lue Al 31 Maich 2022 At 31 March 2021 1,758 18
WORK RIGHTS CENTFIE IWORCI (Heglslered company no. , regislered charily no. 1165419) NOTES TO THE FINANCIAL STATEMENTS for Ihe year ended 31 March 2022 7. CREDITORS: AMOUNTS FALUNG DUE MTHIN ONE YEAR Social security arKI other tsxes Holiday pay Pensions Accwals 4,636 2,542 1,027 745 1,156 4,605 188 5,949 8. STATEME1 OF FUNDS Broughl Incoming Resour¢ Trnnslers & Forward Resources Expended Galns l Loss0$ Carrled Forward ReStrted project fu4S.. 8arrow Cadbury Trust Brent Alce Fund Cornmunity 8arnei Euiopean Social Fund 4,318 (4,4981 114,2661 (9,2411 (21,925) 6.347 9.241 19.9CKI (5,955) 12.4111 (4,436) Greater London Authorty." Crvil lety Greatèr LOlon Authority.. Micfogranl Hafrow Giving London Catalyst London Communty Response FurKI Bienl NCIL Trust lor London Trusthouse Tudoi Trust v004Change 15,(MX {15,IX¥)) 7,257 (9.257) (6,126) (5,0(Xl) (323> (30.828 (67,4201 (6,7811 12,0(X)I {10,1X) 6.126 5,000 3,823 25,IXMI 20,548 (2,872) 3,219 10.000 10,0Th) Wabtham Foresl.. Community Fellowship Wallham Forest.. EDI Developmenl Fund Waltham Forest-. SuF¥)Ort lor Vuneiable Citizens 2.412 {2,4121 1,250 9,920 Total reStrted lunds Unrestr¢ted Ivnd 73,625 59,078 136,m 117,527 (208,5rn {33,847) 1,126 142,758 £ 132703 £ 253605 242 424 Nll £ 143884 At the year-end. the 8renl A¢hce. ESF, and TFL lunds were in del11 as some costs re irthrred In anticipation ol lulure lunding was graniwj in ts lollowrg ar. 19
WORK RIGHTS CENTRE IWORCI (Reglstered company no. , reglBter•d charlty no. 11654191 NOTES TO THE FINANCIAL STATEMENTS lor the year ended 31 March 2022 STATEMENT OF FUNDS - CONTINUED Brought I01 Fonvard Resources Resources Translers & Expended Gains /Losses Cari7ed Forward Resiricred iunds Barrow Cadbury Trust Br6nt Advic8 Fund CAST 21, 7CI7 1.5 117.382) {607J (5,LRXI) (14.265) 4,318 1.071 European s81 Futtl Greater London Authority." European Londoners Greater London Authority." Mrogrant Harmw Giving London Catalyst London Communty Reswnse Fund Brent NCIL Trust for LO10n Tudor frust Wembley Part( Community Fund 11,854 (2.411) 3.818 f3,818J (743) 13.874J 7,257 6, 126 5,000 io.oc (42. 138) {4.928J 3,823 25,000 20.548 2,000 25.000 29.SCiI 575 19.644 (9.527) 119.474) (170) 4,389 {4.3891 (121.217) 18,218) 29,497 16.999 170.443 45. 199 (5,098) 5,098 73,625 59.078 Unfestncted lund Total fvnds 46,496 £ 215.642 £ 129,435 Nil £ 132, 703 9. ANALYSIS OF ASSEfs BEfwEEN FUNDS General Funds 2022 Resiricled Funds 2022 Tolal Funds 2022 Total Funds Intangiblg fixed assets Tangible lixed assets Curreni assets Creditors due within 0 y 3.307 2,154 140,625 (3,3281 3,307 2.813 146.714 (8,950) 3. 703 1,758 133,191 (5,949) 659 6,089 (5.622) t 142,758 £ 1,126 £ 143,884 £ 132,703