BATH
WELCOMES
Il'all REFUGEES
Trustees Report
and
Unaudited Financial Statements
for the Year Ended
30 June 2024

LI 'WELCOMES
REIFUGEES
CONTENTS OF THE FINANCIAL STATEMENTS
Page
Chair's Report
Trustees Report
Independent Examlner's Report
Reference and Admlnistrative Details
Statement of Financlal Activities
Balance Sheet
Notes to the Financial Statements
10
11
12
BATH
WELCOMES
REFUGEES
Reglstered Company Number 10245232 (England and Wale5), Reglstered Charlty Number 1171442

BATHI
11-11 WELCOMES
REFUGEES
CHAIR'S REPORT for the Year Ended 30 June 2024
Sadlyi as we continue to observe, where you are born has a huge impact on your chances
in life. War and conflict seems to increase from East to West and North to South while
climate change produces its own form of forced migration. All told, according to the United
Nations High Commissioner for Refugees, there are 117 mlllion people who are refugees
around the world. So organisations like ours are increasingly important in being able to
offer help and support to those who manage to escape and find a haven in the UK.
Currently, the largest single group we work with continues to be Ukrainian, mainly, of
course, mothers and children, along with Syrlans and Afghans. The past year, however,
has seen more people arrive from Hong Kong with the support of the UK Government. And
there are other smaller numbers from other places. Their need for help is tangible.
Fortunately, there are various government schemes that apply to the groups we support
which enable us to do what we do, but It also underlines the reality that some refugees
are seen as more deserving than others in the eyes of the Government - one reason why
part of our role is to raise awarenes5 Of the situation of the refugees we do not see in
Bath.
We are fortunate that Bath Welcomes Refugees is able to draw on the support of people
ready to volunteer with their skSlls and time to demonstrate their concern for people who
through no fault of their own have been cut off from home, family and culture and are
trying to rebuild their lives in a strange place. At the moment, there are over 240
volunteers. It Is a gift beyond price.
BWR has always been led by volunteers and it Is an Important part of our ethos even as
our increased level activity is now supported by three part-time staff who lead on
operations, support for refugees and asylum seekers, and coordinating the recruitment of
volunteer teachers, befrlenders, employment and benefits advisors, interpreters and
translators. And, of course, we work closely with the Resettlement Team at Bath &North
East Somerset Council (B&NES) along with other local charities, churches, buslnesses and
community groups,
That means we are able to offer English language classes at four dlfferent locations and
at every level plus additional educational help with a learning space for children, liaison
with schools, and support through the exam systems plus advice on further and higher
education. We want to be able to enable those we support to achieve their potential and
make the contrlbutlon they are ready to offer our society.
Similarly, we believe that social and emotional support Is vltal In reducing isolation and
promoting wellbeing. BWR hosts spaces which enable the different groups to come
together socially to share their stories and keep their traditSons alive and these groups are
led by volunteers from the different communities. We will be working over the comlng
year to establish an advisory group drawn from the families and individuals that wlll help
us improve our ser4ices.
A lot of trustee time this year has been taken up with ensuring that our pollcies and
governing documents remain flt for purpose. We now have revised Objects, which help
widen what we are able to do, an improved Data Protection Policy, and taken another look
at our Safeguarding, Volunteer and Equality, Diversity and Inclusion (EDI) policles. And
we are just startlng a consultancy process to improve our structure and the ways In which
we work.
Page I
BlkTH
WELCOMES
Reglstered Company Nurnber 10245232 (England and Wales), Reglstered CharSty Number 1171442

WEL,COMES
REFUGEES
CHAIR'S REPORT for the Year Ended 30 June 2024 continued:
During the course of the year, Charlotte MacDiarmid Chair of Trustees, Bob Clift and Carin
Lake stood down as trustees. Each in their own way made significant contributions to
ensuring that what BWR does is what it aims to be: caring, compassionate and effective.
We remain In their debt. This quote from one of the people we support stands as their
trlbute: Albert Einstein once said, "A bundle of belongings isn t the only thing a refugee
brings to his new country." In that spirit, please know that your help and support won t
go unnoticed. My family and I are committed to keeping the legacy of your kindness alive.
We'll contribute to the wellbeing, inclusion, and support of others in any way we can,
working hard to be active citizens of our new home.
Thank you, on behalf of the Trustees, to all those who contribute their time, energyi skill
and passlon, not to mention money, to enable us to do what we do.
Chalr
Stephen Whlttle OBE
Page 2
'all WELCOMES
REFUGEES
Reglstered Company Number 10245232 (England Wales}, Reglstered Charlty Number 1171442

BATTrf
ll'ikn'll WELCOMES
REFUGEES
TRUSTEES. REPORT for the Year Ended 30 June 2024
The Trustees who are also directors of the charity for the purposes of the Companies Act
20061 present their report wlth the Flnancial Statements of the charity for the year ended
30 June 2024. The Trustees have adopted the provisions of Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable to the UK and
Republic of Ireland (FRS 102) (effective l January 2019).
Reference and Adminlstrative Details
Bath Welcomes Refugees a Limited companyi limited by guarantee as defined by the
Companies Act 2006, Registered Number 10245232(England and Wales). It is registered
with the Charity Commission of England and Wales under number 1171442.
Details of the Trustees can be found on page 9.
Details of the Registered Office can be found on page 9.
Details of the Independent Examiner can be found on page 9.
strurture, Governance and Management
Bath Welcomes Refugees Is governed by Its Memorandum and Articles Incorporated 22
June 2016 as amended by special resolutlon registered at Companies Hou* on 25 January
2017. The Trustees are supported by a Management Team who cover Practical support,
Language provision, Befriendlngft Social activities, Fundraising, Benefits and Financial
advice, Safeguarding and Communications. The organisation is entirely volunteer led.
OBJECTIVES AND ACTIVITIES
Objectives and Aims
The charity's objects are, for the rellef of those granted refugee status and thelr
dependents, or those seeking asylum:
The ￿lief of financial hardshlp;
The preservation and protection of their physical and mental health;
The advancement of their education and training so as to advance them in life and
assist them to adapt within a new community.
It has one simple alm:
To bring to safety and security in the UK those people persecuted and in danger in their
own countries and homelands, and in particular to help them settle in Bath or the
surrounding area.
Our actlvities include:
Locating and preparing housing, fundraising, befrlending/re*ttlement support, Engllsh
language teaching, providing social activities and more.
Please note the Charity Commission has approved a change to our Objects (see page 5) subject to
appmval by our Legal Members at the Annual General Meeting in September 2024.
Page 3
WELCOMES
Registered Company Number 10245232 {England and Wales), RegIste￿a Charlty Number 1171442

REIFUGEES
TRUSTEES. REPORT for the Year Ended 30 June 2024 continued
HIGHLIGHTS AND ACHIEVEMENTS OF THE YEAR
A significant proportion of our work during the year has continued to be the support of
Ukrainians and Afghans in Bath and the surrounding area under varlous Government
Schemes. Since the Government Homes For Ukraine opened in the Spring of 2022, more
than 350 Ukrainian guests have arrived and been accommodated in host homes in the
area. Working in conjunction with and partly funded by B&NES and the Quartet Foundation
we have provided support across a range of issues Including supporting English language
development, finding move-on housing, setting up homes and assisting with moves,
helping people into employment and organlslng social events. More recently, we have seen
people arrivlng from Hong Kong under another Government support. We continue to give
support to Syrian families and individuals as well as other nationalities.
Our work was given recognition at a special ￿ceptIOn hosted by B&NES to thank BWR for
its work and dedication in making Bath and surrounding area a safe and welcoming place
for refugees and displaced communities over the years since BWR was establlshed.
In line with our 2020/2025 Strategy to build capacityi develop and strengthen the
organisation to empower refugees and asylum seekers in Bath and the surrounding area
to be become self-sufficient, integrated members of the local community our aims for
2023/2024 were to:
Clarify and implement a staffing and management structure fit for the
next five years.
We now have three part-time staff, a Management Committee which oversees the
operational activity of BWR, and a Board of Trustees which has the legal and strategic
responsibillty for the work of the charlty. In addltion, there are 240 active volunteers.
This is a complex management challenge and after much reflection, we have decided
to enlist the help of a specialist consultancy to advise on how best to structure the
organisation to help us meet the challenge of an expanded workload while maintaining
our essentlal ethos.
strengthen our volunteer systems and Internal processes.
Over the past year several initiatives have been taken to improve both our contact
with and supervision of volunteers who we rely on for the delivery of so much of our
work. It is not easy. Volunteers are exactly that and not employees. We have refined
and developed new processes designed to improve volunteer support and experience,
their Ilnks with team leaders as well as being able to monitor overall supervision and
delivery of our services. This remains work in progress as we continue to work with
individual teams across the oryanisation.
Develop a monitoring and reporting framework.
Trustees, Management Committee and staff have been working to develop monitoring
forms for each area of our activities to record and collect data which is user-friendly
and recognises different settings and *rvices. It is intended to produce our first Annual
Report and Impact Report for the Annual General Meeting in September.
Page 4
BATh
WELCOMES
Reglstered Company Number 10245232 (England and Wales), Reglstered Charlty Number 1171442

/_* BATH,,
-11 WELCOMES
11-kn REFUGEES
TRUSTEES, REPORT for the Year Ended 30 June 2024 contlnued
Strengthen refugee representatlon and the -refugee voice- in our
decision making.
This remains a long-term aim, as it requires fostering the participation of individuals.
Our Operations Officer has the lived experience of being a refugee and we hope over
the next year to establish an advisory group drawn from our existing beneficiaries who
have provided feedback on what we need to do to improve our offer. We are also
actively seeking a trustee with the lived experience of being a refugee.
Other areas which help towards building our capacity and strengthen the organisation
have included the following:
Since the start of the current conflict in Ukraine and the support being given to Afghans
arriving under various Government Schemes it was felt by the Trustees that BWR'S current
Objectives needed to be widened to reflect the work being undertaken by BWR and to
provide a greater range of services to a wider group of individuals who do not necessarily
have official refugee status under English and Welsh Law. The Charity Commission has
now given formal consent under s.198(2) of the Charities Act 2011 to amend the charity's
objects to read:
To relleve the needs of refugees, asylum seekers, or those displaced from theSr home
country by reason of war, persecution, oppression, discriminatlon, natural dlsasters or
other like causes, and their dependents, in particular but not exclusively seeking refuge
within Bath and North East Somerset or the surrounding area (the Beneficiaries), who
are In conditions of need, hardshipi or distress in partlcular but without limitation by:
provlding or arranging for thelr education and training and the provlsion of
support services including guidance, representation, translation and
interpretation and other assistance to enable them to Ilve independentlyi
improve their Ilfe chances and settle Into and participate fully in community Ilfe;
The relief of flnanclal hardshipi
Provldlng activities to preserve and protect their physlcal and mental health.
The provlsion of facilitles for recreation or other lelsure tlme occupatlon with the object
of improving the conditions of life of the Beneflclarles by reason of thelr social and
economlc clrcumstances. and
To advance the education of the general public about issues relating to migration,
refugees and those seeking asylum.
The Legal Members wlll need to pass a special resolution to adopt these new Objectives at
the Annual General Meeting in September 2024 and then registered at Companies House
before coming into effect.
In order to ensure the safety of our clients, volunteers and staff as well as compliance
with relevant legislation we sought specialist advice to review and update our data
protectlon policie5 to ensure alignment with the GDPR. In addition, our safeguarding
policies and procedures have been a review to ensure they match best practice. Every new
volunteer is DBS checked and receives induction training before being allocated to a team.
We have also thoroughly reviewed our Risk Register to ensure it reflects reality and is easy
to use.
Page 5
BATH
11 &11 WELCOMES
REFUGEES
Reglstered Company Number 10245232 (England and Wales), Reglstered Charlty Number 1171442

WELCOMES
RE:FUGEES
TRUSTEES. REPORT for the Year Ended 30 June 2024 continued
We now have a small office in Bath which provides a base for staff to work, meet clients
and hold confldential conversations as well as provlding a meeting place for the
Management Committee, Trustees and volunteer teams.
We now have a Communications Strategy in place with the aim of raising awareness
building BWR'S "brand"
attracting volunteers and generating a supportive/favourable
environment for refugees and asylum seekers in B&NES. Three new volunteers have been
recruited to implement the strategyi Strengthen our social media presence and construct
a new website.
THE FUTURE
An Organlsational Strategy was initially developed in 2020 coverlng 202012025. Based on
changlng clrcumstances
demand for our servlces and the progress which has been
achleved up to June 2024 thls has been reviewed and the objectives for 202412025
updated In order to achleve our Intended impact and outcomes of the support we provide
for refugees and asylum seekers.
Specific organlsational capaclty bullding alms are to:
To better monitor and evaluate our impact on the Ilves of our beneficiaries.
Strengthen our volunteer systems and internal processes.
Build a stronger BWR community.
strengthen refugee representation and the "refugee voice" in our decision
making.
Increase organisational resilience.
Continue to raise awareness.
Page 6
WELCOMES
RE..FUGEES Reglstered Company Number 10245232 {England and Wales), Reglstered Chamty Number 1171442

WELCOMES
REFUGEES
FINANCIAL REVIEW
Our total income from all sources for the year ending 30 June 2024 amounted to £117,636
(2023: £112,101). Income from Charitable activlties at £68,476 (2023:£60,928) primarily
reflect increased support for the services we provide to B&NES. Individual donations in
2024 were £19,590 similar to those of {2023:£20,089). We received restricted donations
from individuals of £750 (2023:£24,206)
Total expenditure in the year rose 38% in the year to £103,993 from £75,451 in 2023. Of
this £28,542 increase, expenditure on direct support services accounted for £19,374 with
total spend at £90,225 (2023 £70,851) an increase of more than 27 % . The additlonal
expenditure reflects the full year cost of our Operations Officer plus extra hours for the
Refugee and Asylum Seeker Coordinator needed to support the increased demand for
support in the year. In part these additional costs have been covered by the remaining
restricted donatlons from 2023 as well as being reimbursed for the support we have
provided to Bath & North East Somerset Council to support refugees.
There has been a slgnificant increase In Governance and Admlnlstratlon expenses from
£3,412 in 2023 to £10,387 in 2024 this due principally to the cost of professional legal
and consultant advlce on the revlsion of BWR'S Objects and Articles and compliance with
Data Protectlon leglslation.
Fundraislng activities this year included a successful major event - Syrian Feast and
Auction as a result expenditure in the year amounted to £3,381 (2023 £1,188), simllar to
2022.
General income in the year totalllng £116,886 (2023: £87,895) exceeded expenditure of
£90,414 (2023: £62,855) and generated a surplus of £26,472 In the year and total general
funds of £149,289.
Reserves
Bath Welcomes Refugees aims to retain sufflclent free reserves to ensure that the ongolng
commitments of the charity can be met in the event that it was unable to secure further
funding during the year. As the charity now has part time employees and other contractual
arrangements the trustees have concluded that for the coming year unrestricted free
reserves of £15,000 should be retsined. The continued appropriateness of this policy is
reviewed annually by the trustees.
Free reserves available for use by Bath Welcomes Refugees are those that are readlly
realisable, less funds whose use are restricted or have been designated for particular
purposes.
As at 30 June 2024 free reser4es amounted to £134,289 (2023: £110,317). With these
reserves we are able to sustain the direct support of our families and individuals.
Designated Funds
Reserves of £5,000 (2023 £2,500) have been allocated to enable an individual to pursue
training towards employment opportunities (up to £500 person).
Reserves of £10,000 have been allocated for an Emergency Fund to be utili5ed where
there is a potentlal significant impact on health, well-being or quality of life.
Page 7
BATTr1
REFUGEES
RegiSte￿d Company Number 10245232 {England and Wales), Reg15tered Charfty Number 1171442

REFUGEES
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BATH WELCOMES REFUGEES
Independent examiner's report to the trustees of Bath Welcomes Refugees ('the
Company.)
I report to the charity trustees on my examinatlon of the accounts of the company for the
year ended 30 June 2024.
Responsibilities and basls of report
As the charlty's trustees of the Company (and also Its dlrectors for the purposes of
company law) you are responsible for the preparation of the accounts in accordance with
the ￿qUIreMentS of the Companies Act 2006 ('the 2006 Act,).
Having satlsfled myself that the accounts of the Company are not required to be audited
under Part 16 of the 2006 Act and are ellgible for independent examination, I report In
respect of my examinatlon of your charity's accounts as carrled out under section 145 of
the Charities Act 2011( 'the 2011 Act,). In carrying out my examination I have followed
the Dlrectlons glven by the Charlty Commission under sectlon 145(5), (b) of the 2011 Act.
Independent examiner's statement
I have completed my examlnation. I confirm that no matters have come to my attention
in connection with the examination glving me cause to believe:
l. Accounting records were not kept in respect of the company as required by Section
386 of the 2006 Act: or
2. the accounts do not accord with those records: or
3. the accounts do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a true and falr view
which Is not a matter considered as part of an independent examinatlon" or
4. the accounts have not been prepared In accordance with the methods and
prlnciples of the Statement of recommended practice for accounting and reporting
by charities (applicable to charities preparing their accounts in accordance with the
Financlal reporting standard applicable in the UK and Republlc of Ireland (FRS 102),
e no concerns and have come across no other matters In connectlon wlth the
ination to which attention should be drawn in this report In order to enable a proper
rstanding of the account5 to be reached,
I ha
exa
w Chard F
King Watkins Ltd
The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ
CA
Date:
vi.l.E.Ivtr.........
Page 8
REFUGEES
Reglstered Company Number 10245232 (England and Wales), RegIste￿d Charlty Number 1171442

|I-'-"11 WELCOMES
REFUG,EES
REFERENCE AND ADMINisfRATIVE DEfAILS
Registered Address
The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ
Trustees
Mr S Whittle OBE (Chalr)
(appointed Chair 31 March 2024)
Ms C MacDiarmld (Chair)
(reslgned 31 March 2024)
Mr R Clift
Mrs V Jensen
Ms C Lake
Ms L Rickett
Mrs K Kyle
Ms R Osborne
(resigned 31 March 2024)
{￿Signed 21 September 2023 )
(appointed 23 June 2023)
(appointed 8 August 2023)
(appointed 12 February 2024)
Independent Examiner
Matthew Chard FCCA
King Watklns Ltd
The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ
Page 9
BATHI
11 WELCOMES
REFUGEES
RegIste￿d Company Number 10245232 (England and Wales), RegIste￿d Charlty Number 1171442

WELCOMES
RPFIIGEES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted
Funds
Restricted
Funds
Total
Funds
2024
Total
Funds
2023
Notes
INCOME AND ENDOWMENTS
FROM
Donations and legacies
44,304
750
45,054
49,677
Charitable Activities
68,476
68.476
60,928
Investment Income
4,106
4,106
1,496
TOTAL
116,886
750
117,636
iiiioi
EXPENDITURE ON
Raising Funds
3,381
3,381
1,188
Charitable Artlvlties
Dlrect support serVI￿S
Govemance & Admin
76,646
10,387
13,579
90.225
10,387
70,851
3,412
TOTAL
90.414
13,579
103,993
75,451
NET INCOME/
(EXPENDITURE)
26,472
(12.829)
13,643
36,650
RECONCILIATION OF FUNDS
Total funds brought
forward
122,817
15,108
137,925
101,275
TOTAL FUNDS CARRIED
FORWARD
149,289
279
151,568
137,925
The notes form part of these financial statements
Page 10
li all WELCOMES
REFUGEES Registered Company Number 10245232 (England and Wales), Re91stered Charlty Number 1171442

BATH
11 knll WELCOMES
REFUG,EES
BALANCE SHEET AT 30 JUNE 2024
Unrestricted
Funds
Restricted
Funds
Total
Funds
2024
Total
Funds
2023
Notes
CURRENT ASSETS
Debtors
Cash at bank and in hand
6,573
131.972
149,557
2,279
151,836
CURRENT ASSETS
149.557
151 836
CURRENT LIABILITIES
Creditors (due withln one year)
268
268
620
TOTAL ASSETS LESS CURRENT
LIABILITIES
149,289
2.279
151,568
137,925
NET ASSETS
149 289
151 568
137 925
FUNDS
Unrestrlcted Funds
148,913
148,913
122,817
Restrfcted funds
2,279
2,279
15,108
TOTAL FUNDS
149,289
2.279
151,568
137,925
The charitable company Is entitled to exemption from audit under Section 477 of the Companles Act
2006 for the year ended 30 June 2024.
The members have not requlred the company to obtaln an audlt of Its flnancial statements for the
year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.
The Trustees acknowledge their responslbllltles for
a) Ensurlng that the charitable company keeps accounting records that comply wlth Sectlons 386
and 387 of the Companies Act 2006 and
b) Preparing financlal statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of its surplus or deficit for each
fi'nanclal year in accordance with the requlrements of Sections 394 and 395 and whlch otherwise
comply with the requirements of the Companies act 2006 relating to financial statements, so far
as applicable to the charitable company.
These financial statements have been prepared In accordance with the special provisions of Part 15
of its the Companies Att 2006 relating to charltable small companles.
These financial statements were approved by the Board of Trustees on 8 August 2024 and were
signed on its behalf by:
Stephen Whittle OBE - Chair of the Board of Trustees
The notes fomi part of these financlal statements
Page 11
BATH
Ilkll WELCOMES
REFUGEES
Reglstered Company Number 10245232 (England and Wales), Reglstered Charlty Number 1171442

WELCOlsfjES
REFUGEES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
I. ACCOUNTING POLICIES
Basis of preparlng the financlal statements
The flnancial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reportlng 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
(FRS102) (effettive l January 2019),. Flnancial Reporting Standard 102 'The Financial Reporting
Standard applicable in the UK and Republlc of Ireland, and the Companies Act 2006. The Financial
statements have been prepared under the historical cost convention.
Income
All income will be recognised in the Statement of Financial Activities once the charity has entitlement
to the funds, it is probable that the income wlll be received, and the amount can be measured
reliably.
Expendlture
Liabilities are recognlsed a soon as there is a legal or constructive obligation commlttlng the charlty
to that expenditure, it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an
accruals basis and has been classified under headings that aggregate all cost related to the category.
whe￿ costs cannot be dlrectly attrlbuted to partlcular headings, they have been allocated to
activities on a basis consistent wlth the use of resour￿$.
Charitable Activitieg
Dlrect Support Servlces represent the costs directly attributable to activities to support those
granted refugee status or those seeking asylum, which include preparing housing, resettlement
support, English language teaching, befriendingi assistance with employment and education as well
as social activities and managing the volunteers who support the families and individuals.
Governance & Admlnlstration costs Include the direct costs of the admlnlstration Bath Welcomes
Refugees and compliance with constitutional and statutory requirements. These costs include,
employment, accountancy* legal advlce for trustees and costs associated with Board meetlngs.
Depreclatlon
Depreciation is provlded In equal annual Instalments over the useful Ilves of the assets subject to a
cost threshold of £500.
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestrlcted Funds - these are funds which are available for use at the diSc￿tion of the Board of
Trustees in the furtherance of Bath Welcomes Refugees Object.
Deslgnated Funds - these funds have been set aside out of Unrestricted funds, at the discretion of
the Trustees, for specific purposes. The Trustees review the status and adequacy of the individual
designated funds in relation to the achievement of Bath Welcomes Refugees charitable objectives.
The purposes and uses of these funds are set out on page 14 in the notes to the accounts.
Restricted Funds
these funds are subject to specific conditions imposed by the donors. The
purposes and uses of these funds are set out on page 14 in the notes to the accounts.
Page 12
BATN
REFIgGEES Reglstered Cornpany Number 10245232 (England and Wales), Reglstered Charlty Number 1171442

BATH
WELCOMES
REFUGEES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 continued
2. INVESTMENT INCOME
Year Ended
30.6.24
Year Ended
30.6.23
Deposit account interest
£4,106
£1,496
3. TRUSTEES, REMUNERATION AND BENEFITS
There were no Trustees, remuneration or other benefits for the year ended 30 June 2024 nor for the
year ended 30 lune 2023.
Trustees. expenses
Trustee expenses pald In the year ended 30 June 2024 amounted to £65 (2023: £295).
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES
Unrestrlcted
Fundg
Restrlcted
Funds
Total Funds
2023
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable Activlties
25,471
60,928
24,206
49,677
60,928
Investment income
1,496
1,496
TOTAL
87,895
24.206
ii¥ioi
EXPENDITURE ON
Raising Funds
1,188
1,188
Charltable activities
Direct support servitrs
Governance & Admin
58,923
2,744
11,928
668
70,851
3,412
TOTAL
62,855
12,596
75,451
NET INCOME/ (EXPENDITURE)
25,040
11,610
36,650
Transfer between funds
Total funds brought forward
101 275
TOTAL FUNDS CARRIED
FORWARD
122,817
15,108
137.925
Page 13
WELCOMES
REFUGEES
Reglstered Company Number 10245232 (England and Wale5). Re9lstered Charlty Number 1171442

VIELCOMES
REFUGEES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 continued
5. MOVEMENT IN FUNDS
Net
movement in
Funds
At 1.7.23
At 30.6.24
Unrestricted Funds
General Fund
Designated Funds
110,317
12,500
23,972
2,500
134.289
15,000
122,817
26,472
149,289
Restrlcted Funds
Communlty Sponsorship
Somerset Supports Ukrainians
Quartet Foundation
mer￿rS Company
Social Activitles
Heatlng Grant
3,173
216
7,719
3,500
500
(894)
{216)
(7,719)
(3,500)
(500)
2,279
15,108
(Il829)
2,279
TOTAL FUNDS
137,925
13,643
151,568
Net movement In funds, included above.
Incoming
Resources
Regource8
Expended
Movement In
Funds
Unrestrlcted Funds
General Fund
Designated Funds
113,886
3,000
(89,914)
(500)
23.972
500
116.886
(90,414)
26,472
Restricted Funds
Community Sponsorshlp
Somerset Supports Ukrainians
Quartet Foundation
Mercers Company
Social Events
Heating Grant
(894)
(216)
(7,719)
(3,500)
(1,000)
(250)
(894)
(216)
(7,719)
(3,500)
(500)
500
250
750
829
TOTAL FUNDS
117.636
(103,993)
13,643
Page 14
WELCOMES
11 èll REFVGEES
RegIste￿d Company Number 10245232 (England and Wales), Reglstered Charity Number 1171442

WELCOMES
REFUGEES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 continued
Comparatives for movement in funds
At 1.7.22
Movement in
Funds
At 30.6.23
Unrestricted Funds
General Fund
Designated Funds
95,277
15,040
110.317
97.777
25,040
122,817
Restrlcted Funds
Community Sponsorship
Calais Convov
Foyle Foundation
Co-op Neighbourly Fund
Toys
Somerset Supports Ukralnians
Quartet Foundation
Mercers Company
Social Activities
342
131
2,325
450
250
2,831
(131)
(2,325)
(450)
(250)
216
7,719
3,500
500
11,610
3,173
216
7.719
3,500
500
15,108
3,498
TOTAL FUNDS
101,275
36,650
137,925
Comparatives for movement in funds shown above
Incomlng
Resources
Resources
Expended
Movement
In Funds
Unrestrlcted Fund$
General Fund
Designated Funds
77,895
(62,855)
15,040
87,895
(62,855)
25.040
Restrlcted Funds
Community Sponsorship
Calais Convoy
Foyle Foundation
Co-op Neighbourly Fund
Toys
Support for Ukrainlans
Somerset Supports Ukralnians
Quartet Foundation
Mercers Company
Social Activities
3,400
(569)
(131)
(2,325)
(450)
(250)
(1,280)
(3,810)
(2,281)
(1,500)
831
(131)
(2,325)
(450)
(250)
1,280
4,026
10,000
5,000
500
216
7.719
3.500
500
TOTAL FUNDS
112,101
(75.451)
36,650
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2024.
Page 15
REFUGIEES
Regislered Company Number 10245232 (England anij Wales), Reglstered Charlty Number 1171442