REGISTERED CHARITY NUM BF.R: 1169976 ort of the Trusiees and Financial Staternents for the Year Ended 31 March 2025 for Women of Worth Rowlinson Rainbow & Company sn New Road Radcliffe Greater Manchester M26 ILS
Women of Worth Contents of the Financial Statements for the Year Ended 3 l March 2025 Page Report of the Trustees Independent Examiner's Report Siaiemenl of Financial Aciivities Balance Sheet Notes to the Financial Staiements Deiailed Statement of Financial Activilies 10 io I
Women of Worth ort of the Trustees for the Year Ended 31 March 2025 The trustees present their report with the financial statemenls of the charity for the year ended 31 March 2025. The trustees have adopted the provisiors of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing t4¢ir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing documenL a deed of trust and constitutes an untncorporated charity. REFERENCE AND ADMINISTRATIVE DETAIL Registered Charity number 1169976 Principal Address 5-7 New Road Radcliffe Manchester M26 ILS Trustees Mrs H Perry Chair (resigned 23.9.25) Mrs G Williams Trustee Mrs D E Giamas Treasurer Mrs N S Harries Trustee Ms T Waugh Trustee Independent Examlner David A Rainbow Rowlinson Rainbow & Company 517 New Road Radcliffe Greater Manchester M26 ILS Bankers Lloyds Bank PLC l Legg Street Chelmsford CMI IJS Approved by order of Ihe board of trustees on ........... ......................... and signed on its behalf by.. Mrs D E Giamas - Trustee Page I
Inde endent Examiner's Re Wonien of Worth ort to the Trustee5 of Independent examiner's report to the Irustees of Women of Worth I report to the charity trustees on my examination ol the accounts of Women of Werth (the Trust) for the year ended 31 March 2025. Responsibilities and basis of report As ihe Charity trustees of the Trust you are responsible for the preparation of ihe accounts in accordance with Ihe requirements of the Charities Act 2011 ('the Act,). I I'eporl in respect of my examinaiion of the Trusl's accounts carried out under Section 145 of rhe Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Seclion 145{5)(b) of Ilie Act. Independent examiner's statement I have coinpleted my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe Ihal in any material respect: accounting records were not kept in respect of (he Trust as r¢quired by Section 130 of the Act: or Ihe accounts do noi accord with those records. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounls and Reports) Regulation$ 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independeni examination. I have no Concerns and have come across no other mallcr8 in connection wilh the exaininalion to which attention should be drawn in Ihis report in order to enable a proper understanding of the accounts to be reached. David A Rainbow The Certified Public Accountants Association Rowlinson Rainbow & Company 5,,7 New Road Radcliffe Gi-eaier Manchester M26 1 L.S Dale.. 2&2r Page 2
Women of Worth Statement of Financial ActivitieJ for the Year Ended 31 March 2025 31.3.25 Total funds Unrestricted fund Restricled fund Total funds Noies INCOME AND ENDOWMENTS FROM Donations and legacies 57.219 46,354 l Oi.573 131,501 Other trading activities $0 Total 57.219 46.354 103.573 131,551 EXPENDITURE ON Raising funds 170 170 620 Charitable actlvities Activites 22.439 74.656 97,095 104,171 Other 8.174 8.174 5.8i2 Total 30.613 74.826 10.5.4i9 110.623 NET INCOMEI(EXPENDITURE} 26,606 (28,472) (1.8661 20.928 RECONCILIATION OF FUNDS Total funds brought forward 21.234 58,954 80,188 59,260 TOTAL FUNDS CARRIED FOKWARD 47.840 30,482 78,322 80.188 The notes form part of Ihese financial Statements Page 3
Womeii ol. Worth Balance Sheet 31 March 2025 31.3.25 Total nds 31.3.24 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangiible assets 1,050 8,036 9.086 11,357 CURRF.NT ASSETS Cash ai bank 48.163 29.632 77.795 77,860 CRF.DITORS Amounts fal ling due within one year {1.373) (7.186) (8.559) (9,029) NF.T CURRENT ASSETS 46.790 22,446 69,236 68,831 i"o'rAI, ASSETS LESS CURRENT LIABILITIES 47,840 30,482 78.322 80,188 NET ASSETS 47,840 30,482 78.322 80,188 FUNDS Llnre51riclcd funds Resiricled funds 47,840 30,482 21,234 58,954 TOTAL FUNDS 78,322 80,188 The financial stalemenis were approved by the Board of Trusiees and authorised for issue and were signed on ils behalf by: on Mrs D E Giama5 - 1-rusiee The notes form part of these financial statements Page 4
Women of Worth Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statemenls The financial statements of .he charity, which is a public benefit entity under FRS 102. have been prepared in accordance with the Cha-ities SORP (FRS 102) 'Accounting and Reporting by Charities.. Slateiment 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) (effeciive l January 20191.. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statement" have been prepared under the historical cosl convention. Income All income is recognised in the Sialemenl of Financial Activilies once the charity has enlitlemenl lo th¢ lunds, it is probable thai the income will be received and the amount can be measured reliably. Expendlture Liabiliiies are recognised as expenditure as soon as there is a legal or construciive obligatioii coinmitlinL the charity to thai expenditure, it is probable that a transfer of economic benefits will be required in seiileiiieni and the amount of the obligation can be measured reliably. Expenditure is accounled for on an accruals basis and has been classified under headings that aggregate all cosl related lo the category. Where costs cannot be directly attributed io particular headings they have been allocated to activities on a basis consistent with the use ol. resources. Tangible fixed assets All equipment is valued al cost and deprecialed IT Equipment Over 3 years slraighi line. Other Equipment - Over 4 years straight line Taxation The charity is exempi from tax on lis charitable activities. Fund aceounting Unrestricled funds can be used in accordance with the charitable objeciives ai the discretion of (he IrLisIL'cs. Restricted fund5 can only be used for particular restricted purposes within the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised for particular reslricted purposes. Further explanaiion of ihe nature and purpose of each fund is included in the notes to the financial statements. OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Fundraising events 50 Page 5 continued...
Women of Worth Notes to the Financial Statements - continued for the Year Ended 31 March 2025 TRUSTEES, REMUNERATIOIY AND BENEFITS There were no trusiees, remuneraiion or other benefits for ihe year ended 31 March 2025 nor for the year ended i l March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended i l March 2025 nor for Ihe year ended 31 March 2024. COM PARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITJES Unrestricted fund R¢stricled fund Total fijnds INCOME AND ENDOWMENTS FROM Donations and legacies 48,660 82,841 131,501 Oih¢r Irad ing activities 50 50 Total 48.710 82,841 131,551 EXPENDITURE ON Raising funds 620 620 Clia ril# ble activities AclivilLs 29,985 74,186 104,171 Other 5,832 5,832 Tolll 35,817 74,806 110,623 IYET INCOME 12,893 8.035 20,928 RF.CONCILIATION OF FUNDS Toldl lunds broughi forward 8.341 50.919 59,260 TOTAL FUNDS CARRIED FORWARD 21.234 58.954 80.188 Page 6 continued...
Women of Worth Notes to the Financial Statements - continu¢d for the Year Ended 31 March 2025 TANGIBLE FIXED ASSETS Fixtures and fittings Computer equipmenl Totals COST Ai l Apri12024 and 31 March 2025 li.709 14,897 28,606 DEPRECIATION Al l April 2024 Charge for year 8,311 1,080 8,938 1,191 17,249 2,271 At 31 March 2025 9,391 10,129 19.520 NET BOOK VALUE At 31 March 2025 4.318 4,768 9,086 At 31 March 2024 5,398 5,959 11,357 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 Other creditors 9.029 MOVEMENT IN FUNDS Net movement in ndS Ai 31.3.25 At 1.4.24 Unrestricted funds General fund 21,234 26,606 47.840 Restricted funds Charity Accounts 58,954 (28,472) 30,482 TOTAL FUNDS 80.188 {1,866} 78,322 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Moveimenl in funds Unrestrieted funds General fund 57,219 {30,613) 26.606 Restricted funds Chariiy Accounls 46,354 (74,826) (28.472) TOTAL FUNDS 103.573 (105,439) (1,866) Page 7 coniiiiued...
Women of Worth Noi¢s lo the Financial Sialemenls - continued for the Year Ended 31 March 2025 MOVEMENT IIY FUNDS- continued Comparative5 for movemenl in funds Net movement in ndS At 31.3.24 At 1.4.23 Un restricted lunds G¢neral fund 8.341 12,893 21,234 Restricted funds Charity Accounts 50.919 8,035 58,954 TOTAL FUNDS 59.260 20,928 80,188 Comparative nei movemenl in funds. included in the above are as follows.. Incoming resources Resources expended Moweinent in funds Un reslricted funds Genero1 fund 48,710 (35,817) 12,893 Reslrieled funds Charity Accounts 82.841 (74,806) 8,035 TOTAL FUNDS 131,551 (110,623) 20,928 A current year 12 months and prior year 12 monihs combined posilion is as follows: Net movemenl in funds At 31.3.25 At 1.4.23 Un restricted funds General fund 8.341 39,499 47,840 Restricted funds Charity Accounts 50,919 (20.437} 30,482 TOTAL FUNDS 59.260 19,062 78,322 conlinued...
Women of Worth Deiai led Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations ond legaeies Donaii()ns Big Lottery Urban Outreach CJarfield Weston GMWSA Bury Cost of Living Post Code Lottery Arts in Whitetield Manchesier Guardian 17,059 20,000 18,800 16,770 i 0,000 21,890 i 0.000 45,841 2,000 25,000 46,354 360 1.000 103.573 131,501 Other trading activities Fundraising eveiils 50 Total ineoming resources 103.573 131,551 EXPF.NDI'I'URE Olher Irading gctivities Purchases 170 620 Charitable activities Contractors Sundries Premi8es Cosis Otlice Costs Therapies Travel Insurance Repairs &, Renewals Arts & Crafts 71.933 457 15,960 71.535 756 16,413 34 140 45 2.075 476 2,428 1.931 135 936 91,356 93,902 ?upporl costs Management Wages Telephone Postage and slalionery Adverlising 6,600 954 136 5,544 873 265 288 7,690 6,970 Finance Bank char&)es Carried forward 48 48 Th is page does not forni part of the siatutory financial statenients Page 10
Women of Worth Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources expended Mowemenl in tunds Unrestricted funds General fund 105,929 (66,430) 39,41)9 R¢strieted funds Charity Accounts 129,195 (149.632) {20.437} TOTAL FUNDS 235.124 {216.0621 19.062 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 9
Women of Worth Detailed Sialement of Financial Activities tor the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations Big I,ottery lJrban Outreach Garfield Wcslon CJMWSA Bury Cost of Living Posl Code Lotlery Arts in Whitefield Manchester Guardian 17.059 20,000 18.800 16,770 i 0,000 21,890 i 0,000 45,841 2,000 25,000 46.354 360 1,000 103,573 131,501 Other trading activities Fundraising events 50 Total ineoming resou rces 103.573 131,551 Tr'.XPF.NDITURE other trading activities Purcha.%cs 170 620 Ch# ritAble activiti¢$ Contractors Sundries Premises Costs Ollice Costs Tliei'apies Travel Insurance Repairs & Renewals Arts & Crafts 71.933 457 15.960 71,535 756 16,413 34 140 45 2,075 476 2,428 1.931 135 936 91,356 93,902 iippilrl custs ManAg¢menl Wages Telephone Posiaoe and stationery Advertising 6,600 954 136 5,544 873 265 288 7,690 6,970 Fina nce Bank chars?es Carried forward 48 48 This page does not form part of the statutory financial staten)ents Page 10
Women ofworth Detailed Statement of Financial Activities for the Year Ended 31 March 2a25 31.3.25 31.i.24 Finance Brought fonvard Depreciation of tangible fixed assets 48 2,271 2,839 2,319 2,847 Information technology Repairs and renewals Computer Software 960 960 3,398 Governance costs Accountancy and legal fees Book keeping Subscriptions 714 ,800 430 690 1.800 396 2.944 2,886 Total resources expended 105.439 110.623 Nel (expenditur¢)lincome (1.866) 20,928 This page does not forni part of the statutory financial statemenls Page 11