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← Beloved

2024-03-31-accounts

SeLDVet) rg IMPACT REPORT 2023/24

CHARITY NO: 1170261

Bank details for donations:

Co-operative bank Beloved 67258633 08-92-99

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CHARITY NO: 1170261

CONTENTS

Report of the Trustees P4-18 Independent Examiner’s Report P19 Receipts and Payments P20 Statement of Assets and Liabilities P21 Notes to the Financial Statements P22-25

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CHARITY NO: 1170261

BELOVED REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

ADDRESS FOR CORRESPONDENCE C/O Burton Sweet Ltd

The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1U

GOVERNING DOCUMENT CIO Constitution dated 18 November 2016

CHARITY REGISTRATION NUMBER 1170261

TRUSTEES RESPONSIBLE FOR This charity has been given a dispensation MANAGING THE CHARITY from the charity commission for publishing the names of its trustees.

BANKERS Cooperative Bank PO Box 101 1 Balloon Street Manchester M60 4EP

Burton Sweet Limited Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

GOVERNANCE:

Beloved is a CIO (number: 1170261), registered in 2016. The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the organisation. New Trustees are appointed by the existing body of Trustees in accordance with Paragraph 11.1 of the Constitution.

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A LETTER FROM THE CHAIR

This year Beloved is grateful for so many things, and is looking forward to the future with excitement as we develop our offer to the vulnerable women working in massage parlours & brothels in Bristol.

We are thankful as an organisation for having weathered the last turbulent financial year. We now have a full complement of staff and trustees. Due to the enthusiasm, professionalism, and dedication of our staff, we have been able to reach more women and expand our services to new areas this year. We moved to larger offices so that we now have more space to work, have meetings and prepare goodie bags ahead of parlour visits.

A Huge heartfelt thanks goes out to the wide variety of volunteers that make the services we provide possible. From baking cakes, packing goodie bags and putting on activities such craft and dance sessions, all impact the wellbeing of the women we support. We are also thankful for the support we receive from local churches across Bristol. The financial donations and practical gifts of toiletries, food parcels and hampers are always greatly appreciated.

This year Beloved has expanded our services into visiting massage parlours of other nationalities in our city centre. The different languages and cultures was a learning curve and we are thankful for the volunteers who accompanied our Women’s Workers on their initial visits so that they are now welcomed and visit regularly.

Beloved has also ventured into the area of younger women, by exploring the outlook of students who turn to the sex industry to provide short term financial provision, without recognising the possible long-term repercussions, or immediate dangers of such work. There are plans to develop this work further, starting with the appointment of a project lead.

Fundraising is another area for huge thanks. We have seen a growing presence on social media; there was a wonderful fundraising event in Sept and the creation of a Beloved Coffee Club for folk to contribute the cost of cup of a coffee weekly.

Beloved’s motto is “Gospel, Comfort, Exit.” Our Women’s Workers offer not only goodie-bags, but prayer and friendship. The women are reminded of their dignity as children of God, and provided with practical help so that they may flourish, overcome trauma, and leave the sex industry if that is their wish. As this report will illustrate, Beloved is continuing to provide these things but so much more and we have a vision to more still.

I commend this report to you.

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OUR OBJECTS

The Object of Beloved is to relieve poverty and hardship, in particular by working with those involved in prostitution or at risk of being drawn into prostitution as a result of unemployment,

poverty, deprivation, financial hardship, ill-health, or disability and to do so:

(i) for the public benefit;

(ii) throughout the United Kingdom,

(iii) in pursuance of Christian principles; and

(iv) in accordance with the Statement of Faith.

OUR MISSION

To support women working in any area of the indoor sex industry in Bristol and the surrounding

areas, promoting the dignity and self worth of every woman that we meet. Whether they are remaining in the industry, seeking to leave or have already left, we walk alongside women, raising

their awareness of alternative opportunities and supporting them to address any physical, emotional, economic and spiritual needs they may identify.

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HOW DOES BELOVED SUPPORT?

OUR ACTIVITIES:

Outreach Prayer Casework Community Well-being Partnerships Referrals

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PARTNERSHIPS

MULTI AGENCY WORKING

WORKING WITH LOCAL CHURCHES

We work with a number of organisations across the city and nationally, and are appreciative that we all play our part in the whole to provide services where they are needed for those most disadvantaged. Some of the groups we are part of and honour for the work they do:

Sexual Violence Forum Bristol Women’s Voice Beyond the Streets

Vision for the Vulnerable Sex Work Liaison Team Christian Action Bristol Homelessness Forum Lovewell CIC

We are so grateful to the church community in Bristol who so generously give resources, profile and finances to us.

Over the last year we have partnered with many churches: putting on events like our pamper night fundraiser in September; supporting women through the Cost of Living Crisis by sending out recipe kits/food packs and organising trips away to camps where women get the opportunity to have a holiday and experience a faith community.

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sense of belonging * : through our wellbeing outings, meet ups and r emotional support . y-

“T Jae Received faith 4 connection through prayer, church PeP Ming. . " ; attendance and Christian iy oe ae, ay conferences. a — a+. =a 79%*

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1053 hours of casework time given

49 women supported by our trained caseworkers

13 wellbeing workshops run and 8 daytrips out

40 outreach visits to massage parlours

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80 women received hampers at Christmas and 60 at Easter, often hard, lonely times of the year.

19 women helped with new employment/ training

26 women accessed primary care services

10 women had the opportunity to get away for a few days at Christian camps and experience God’s love and community

14 women supported with 9 women formal exited documentation parlours

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Rachel’s Story

Rachel is a woman who we met on one of our outreach visits to a massage parlour in 2021. When we first met she was very distressed, we offered prayer and ongoing casework. In subsequent visits, Rachel voiced her desire to leave the massage parlour and would intermittently go and stay with a partner. However, this relationship was abusive and Rachel used drugs to cope.

In August 2021, she spent a period of time in hospital and at that point, bravely decided that she did not want to return to the massage parlour. We were able to fund her to access some Airbnb accommodation and advocate for her being found temporary accommodation through the local authority. We continued to support Rachel during this time, ensuring that she had access to a food bank, mental health support through her GP and assisted her to attend a vocational employment programme.

Rachel came with us to Encounter Camp where she experienced the love of God and His community, she chose to continue a faith journey, and with our support attend a local church and receive discipleship from one of our trained volunteers.

Rachel was also supported through a court process and a restraining order was granted against her ex-partner. 2 years on, Rachel is:

-Building community with friends in her local area and church.

-Accessing mental health and drug and alcohol support.

-Developing her wonderful creative skills on a floristry course.

-Safe from abuse and violence.

-Choosing over and over to pursue God’s best for her through the ups & downs.

-An example of courage, faith and God’s love at work.

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I could not reach this far without your help. I’m so blessed, so grateful and thankful to God for you and all of you are amazing and kind hearted. You always listen and kindly talk to me. To all thank you from the bottom of my heart.

Beloved is for me a place of support and friendships where us beautiful ladies can be ourselves without judgement.

Beloved has helped me a lot, my mental health has improved, I have gained friendships and they introduced me to Lovewell, training and employment programme.

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Looking forward from the Director

We are pleased to be going into this coming year with fortitude and faith; we have clear strategic aims and are working hard to continue what began last year to ensure these are fulfilled.

1)Learn more about the women we serve We recognise that to move forward effectively we must understand the context, needs and hopes directly from the women, without presumption or bias.

2) Increase the number of women we’re able to reach As many feel the pinch of the Cost of Living crisis, new women are being pulled into the sex industry to make ends meet, we endeavour to make ourselves available to them.

3) Grow our financial stability to enable this Diversifying our income streams, increasing regular giving from committed supporters whilst continuing to successfully seek grant funding.

In considering these and spending time reflecting on our identity, values and how we focus our activity, the below illustration has been a helpful reference point:

Go: Reaching out to women where they are, behind closed doors, unseen by society, with the wonderful news that they are known and loved.

Close the gap: Seeing the women we support in light of their God given potential and offering them opportunities to have influence and a voice.

There is much to do, so with the help of our supporters, volunteers, donors and above all the Spirit of God making a way, we look back to our founding verses as we move forward:

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THE SPIRIT OF THE SOVEREIGN LORD IS UPON US,

FOR THE LORD HAS ANOINTED US TO BRING GOOD NEWS TO THE POOR. HE HAS SENT US TO COMFORT THE BROKENHEARTED AND TO PROCLAIM THAT CAPTIVES WILL BE RELEASED AND PRISONERS WILL BE FREED. N HE HAS SENT US TO TELL THOSE WHO MOURN THAT THE TIME OF THE LORD’S FAVOUR ‘. areil, 1 Y } al HAS COME, {\ AND WITH IT, THE DAY OF GOD’S ANGER qa Y AGAINST THEIR ENEMIES. : TO ALL WHO MOURN, HE WILL GIVE A CROWN OF BEAUTY FOR ASHES, A JOYOUS BLESSING INSTEAD OF MOURNING, FESTIVE PRAISE INSTEAD OF DESPAIR. IN THEIR RIGHTEOUSNESS, THEY WILL BE LIKE GREAT OAKS THAT THE LORD HAS PLANTED FOR HIS OWN GLORY.

ISAIAH 61: 1-3

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Finances

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----- Start of picture text -----
Events
1.4% Church donations
24.4%
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----- Start of picture text -----
Grants
40.8%
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Income
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----- Start of picture text -----
Individual donations
33.4%
Fundraising costs
3.9%
Casework
34.7%
Expenditure 52.7%Core
Outreach
8.7%
----- End of picture text -----

Our income for this year is £136,239 and our expenditure £124,882. Our unrestricted general funds at the end of the year are £48,725.

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geUDveD

gELDVEb orie hello@beloved.org.uk www.beloved.org.uk Registered charity number 1170261

Statement of trustees’ responsibilities

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the trustees on 3 November 2024 and signed on their behalf by:

Chair of Trustees

Independent examiner’s report to the trustees of Beloved

I report to the trustees on my examination of the accounts of Beloved (the Charity) for the year ended 31[st] March 2024.

Responsibilities and basis of report

As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Joshua Kingston BSc ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Date: 3 November 2024

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BELOVED

RECEIPTS AND PAYMENTS ACCOUNT

YEAR ENDED 31 MARCH 2024

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----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Receipts
Donations 63,758 16,200 79,958 74,458
Fundraising & Grant income 30,410 25,600 56,010 75,900
Interest 271 - 271 26
Total receipts 94,439 41,800 136,239 150,384
Payments
Charitable activities 1 90,965 33,917 124,882 139,826
Total expenditure 90,965 33,917 124,882 139,826
Net receipts/(payments) 3,474 7,883 11,357 10,558
Transfers between funds (50) 50 - -
Net movement in funds 2 3,424 7,933 11,357 10,558
Cash funds as at 1 April 2023 45,301 10,021 55,322 44,764
Cash funds as at 31 March 2024 48,725 17,954 66,679 55,322
----- End of picture text -----

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BELOVED

STATEMENT OF ASSETS AND LIABILITIES

AT 31 MARCH 2023

Assets Retained
Computers and IT equipment
Cash Reserves
Cash at bank
Petty cash
Other Current assets
Other debtors
Liabilities
Trade creditors
Fee for Independent Examination
Funds Reserves
Brought forward
Net receipts/(payments) for the year
Carried forward		 2024
£
Cost
3,975
3,975
2024
£
66,653
26
66,679
12
12
2,060
1,440
3,500
55,322
11,357
66,679		 2023
£
Cost
3,550
3,550
2023
£
55,296
26
55,322
12
12
2,334
1,320
3,654
44,764
10,558
55,322

Signed on behalf of the trustees on 3 November 2024

…………………………… Chair of Trustees

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BELOVED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

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----- Start of picture text -----
1 Charitable Activities Expenditure
Unrestricted Restricted Total
Funds Funds 2024
£ £ £
Employment and subcontractors costs 73,273 20,026 93,299
Property costs 3,177 4,228 7,405
Administration and exiting costs 4,959 5,529 10,488
Outreach 2,414 3,184 5,598
-
Fundraising 4,649 4,649
Insurance - 913 913
Events 2,248 - 2,248
Other costs 245 37 282
90,965 33,917 124,882
Prior year comparative Unrestricted Restricted Total
Funds Funds 2023
£ £ £
Employment and subcontractors costs 79,160 29,329 108,489
Property costs 729 5,234 5,963
Administration and exiting costs 629 9,689 10,318
Outreach 2,243 3,905 6,148
-
Fundraising 7,116 7,116
Insurance - 913 913
Events 190 193 383
Donations 50 - 50
Other costs 264 182 446
90,381 49,445 139,826
----- End of picture text -----

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NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

BELOVED

2 Movement in Funds

General Funds
Designated funds
Joseph Rank Trust
Restricted Funds
A Wint - Orchards Conference
Anonymous: Promotional Film
Burden Trust
Christmas gifts
Direct Grants for Women
Garfield Weston
Hardship Fund
John James
Anonymous: Developing work
Oliver Borthwick Fund
Quartet Police & Crime
Commissioner
Quartet Well-being Workshops
St Stephens & St James		 Balance
Balance
at 31.3.23
Receipts
Payments
Transfers
at 31.3.24
£
£
£
£
£
39,021
94,439
(84,685)
(50)
48,725
6,280
-
(6,280)
-
-
45,301
94,439
(90,965)
(50)
48,725
-
200
(200)
-
-
716
-
(440)
-
276
-
5,000
(5,000)
-
-
-
1,000
(1,050)
50
-
-
600
(600)
-
-
939
-
(939)
-
-
2,711
5,000
(1,075)
-
6,636
-
10,000
(8,808)
-
1,192
-
10,000
(5,117)
-
4,883
1,167
-
-
-
1,167
-
5,000
(5,000)
-
-
4,488
-
(4,488)
-
-
-
5,000
(1,200)
-
3,800
10,021
41,800
(33,917)
50
17,954
55,322
136,239
(124,882)
-
66,679

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NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

BELOVED

2 Movement in Funds (continued)

Fund descriptions

Joseph Rank Trust (Designated) - A Caseworker salary.

A Wint - Orchards Conference - A donation for staff to have a team away day to 'Orchard's women's conference.'

Anonymous: Promotional Film - Grant funding for the creation of a film to promote our services and share information of our work externally.

Awards for All - For the funding of 'move-on/drop-in work' managed and coordinated by the 'transition worker' and is restricted to paying their salary.

Burden Trust - Funding for the salary of the Women's support worker.

Christmas gifts - Funding for our Christmas gifts for the women.

Direct Grants for Women - Funding received for specific needs such ass new carpet/white goods for women.

Garfield Weston - Funding for our core costs, namely caseworker salaries.

Hardship Fund - A direct fund for emergency exiting support costs for women.

John James - Funding for charity projects.

Lottery Grant - A Caseworker salary.

Anonymous: Developing work - Funds received for the use of new and developing work, including towards salaries of a case worker, operation and finance salaries and project costs.

Oliver Borthwick Fund - Funding for housing, accommodation and prevention of homelessness.

Quartet Police & Crime Commissioner - Funds towards cost of living crisis, used for caseworker salaries and winter well-being packs for clients with essentials and self care items over the winter months.

Quartet Well-being Workshops - To reduce isolation, build community and offer the women a chance to be in a different environment, examples are horse riding, spa days, arboretum visits.

St Stephens & St James Grant - Awarded towards the salary of an Engagement Coordinator.

St Thomas Ecclesiastical Fund - Beloved's outreach and move-on work.

Trusthouse - Funding for Beloved running costs.

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NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

BELOVED

2 Movement in Funds (continued)

Prior year comparative

General Funds
Designated funds
Joseph Rank Trust
Restricted Funds
Anonymous: Promotional Film
Awards for All
Burden Trust
Christmas gifts
Garfield Weston
Hardship Fund
John James
Lottery Grant
Oliver Borthwick Fund
St Thomas Ecclesiastical
Trusthouse
Quartet Social Action
Quartet Well-being Workshops		 Balance
Balance
at 31.3.22
Receipts
Payments
Transfers
at 31.3.23
£
£
£
£
£
24,337
100,796
(86,112)
-
39,021
549
10,000
(4,269)
-
6,280
24,886
110,796
(90,381)
-
45,301
1,742
-
(1,026)
-
716
491
-
(491)
-
-
3,883
5,000
(8,883)
-
-
242
1,588
(1,830)
-
-
-
10,000
(9,061)
-
939
641
3,000
(930)
-
2,711
8,531
-
(8,531)
-
-
1,912
10,000
(11,912)
-
-
1,238
-
(71)
-
1,167
-
5,000
(5,000)
-
-
-
5,000
(512)
-
4,488
300
-
(300)
-
-
898
-
(898)
-
-
19,878
39,588
(49,445)
-
10,021
44,764
150,384
(139,826)
-
55,322

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