Trustees’ report and financial statements for the year ended 31 March 2021
www.survivingeconomicabuse.org Registered charity number 1173256
Trustees’ report and financial statements
for the year ended 31 March 2021
ECONOMIC A B U S E Contents Report of the trustees........................................................................................................................................ Chair of trustees, inlroduction................................................................................................................ Aims and objectives................................................................................................................................... Our work in 2020121................................................................................................................................... Financial reviow.............................................................................................................................................. Fundraising approoch.............................................................................................................................12 Looking ahead............................................................................................................................................12 Structure, governance and management............................................................................................13 Statement of responsibilities of the trustees......................................................................................16 Financial stotements............................................................._........................................................................17 Independent auditor's report to the members of Surviving Economic Abuse..........................17 Reference and administrative details of the charity-........................................................................21 Statement of financiol activities for year ended 31 March 2021............................................22 Balance sheet as at 31 March 2021.........................................................................................................23 Statomont of cash flows for the year ended 31 March 2021..........................................................24 Notes to the financial statements for the year ended 31 March 2021.........................................25 Our supporters...................................................................................................................................................39 Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 3
Report of the trustees
Chair of trustees’ introduction
Cathy Millis
Aims and objectives
Vision and mission
Charitable purpose
Strategic priorities
How we work
Ensuring our work delivers our aims
Our work in 2020/21
Summary
Awareness-raising and public education
ECONOMIC A B U S E We used our policy work- influencing the Domestic Abuse Bill as it passed through Parliament- as o basis for much of our awareness-raising, seeing peaks in engagement on our website and on social media when we shared content related to our calls for post- separation abuse to be criminalised. This also gained us medio attention in outlets including The Times, influential policy email newsletter, RedBox, The Telegraph, The i Paper, The Mirror, Grazia and Times Radio. Most of our media work has been in conjunclion with survivors who have bravely shared their own experiences. Their stories are vital to raising awareness of economic abuse. Some highlights of our work to increase public awareness and understanding of economic abuse include.. A new website. This makes il easier for visitors to access information about economic abuse. There were 140,000 page views of the website during the year, a 236% increase on last year. A new Economic Abuse Guide. A step-by-step journey for survivors to understand their experience, identify signs of abuse and get support. There were 3,500 page views of the guide in the three monlhs since ils launch in January 2021, and it wos nominated for the Charity Times award for Best Use of Technology. New information. On debt and housing for victim-survivors, as well as on pensions and tho postol sorvice. There are now 31 'Tools lo Thrive, on the site. Winter Webinars. A series of webinars with industry experts. Al were booked to capacity. Topics included coerced debt, banking and supportin9 children. More thon 1,000 people participated. Coronation Street Collaboration. Working with the writers of Coronation Street, SEA provided expert guidance on economic abuse to inform the coercive control storyline. Professional responses We provided more support to the frontline professionals working with victim-survivors of economic abuse and to financial services than ever before. Our team of specialists provided advice on 340 complex cases involving economic abuse to professionals from a range of settings, including domestic abuse charities, housing providers and money advice services. Our partnerships enable us lo deepen the support we provide. Training Stepchange. Through a partnership wilh debt charity Stepchange, we provided training lo equip their team with the knowledge and resources to better Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 8
ECONOMIC A B U S E respond to victim-survivors of economic abuse. Through the partnership, Stepchange refers complex cases to the casework service that SEA runs with Money Advice Plus. One complex case that Stepchange referred resulted in a survivor having £23,000 of debt with four different creditors written off. The Financial Support Line. In partnership with Money Advice Plus, we launched the Financial Support Line, which offers regulated money and debt advice for victim- survivors of domestic abuse. SEA'S expertise in economic abuse underpins the service, offering training and support to the line's advi*rs. The most complex cases are referred to the specialist casework service, and almost two thirds of these cases during the year resulted in a financial gain for the survivor. In response to fhe pondemic and increased demand, we reoriented the service to provide one-off financial guidance over the phone, enabling the service to respond to more calls. The line supported 443 victim-survivors during the year, with 135 cases referred to the specialist casework service. The Financial Support Line won tho Third Sector Best Charity Portnership Aword in 2020. Our programme of training for professionals has developed significantly during the year, ond has been adapted for the Covid_19 context. We adapted our Level 3 accredited 'Recognising economic abuse, training module for delivery online, with an e-learning package and online workshops. 429 professionals took the Level 3 module. Across oll our training modules, we provided training for more than 1,000 professionals during the year from settings including domestic obuse chorities, money and debt advice services, housing providers, local authorities and banks. Our suite of resources for professionols supporting victim-survivors of economic abuse has grown ond now provides information for domostic obuse services, money and debt advice services, banks and building societies, insurance providers, mortgage providers, and legal professionals. Professionals from 35 organisations accessed our resources in the last two months of the yeor alone. Systems change We strive for industry-wide changes to systems and processes that support victim-survivors to reach safety and access economic justice. This year, we piloted new initiotives to create change at scale. Economic Abuse Evidence Form (EAEF). Through our award_winning partnership with Money Advice Plus, we piloted the EAEF to transform how creditors and debt advice services support those experiencing economic abuse. The EAEF acts as evidence of coerced debt, meaning the victim-survivor need not repeal their story. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 9
ECONOMIC A B U S E Tho EAEF began achieving resulls for viclim-survivors during its pilot. In one case, the form was used to write-off £5,000 worth of debt, leaving the victim-survivor debt- froe for the first time since leaving the perpetrator in 2008. In 2020, a group of independent experts recommended the national role ofthe EAEF to the Money and Pensions Service as one of 13'urgent recommendations, in support of implementing the UK'S financial wellbeing strategy during the pandemic. Secondmenl with Lloyds Banking Group. As part of our ground_breaking partnership with Lloyds Bonking Group to set up a specialist Domestic and Financial Abuse teom, one of SEA'S Banking Specialists has been seconded to work with the team full_time. We have provided specialist guidance on 130 cases involving economic abuse. FCA recognition of good practice. The Financial Conduct Authority recently published guidance for firms on the fair treatment of vulnerable customers, recognising economic control as a form of domestic abuse and a life event drivin9 vulnerability. SEA'S parlnership with Lloyds, Banking Group is recognised in the guidance as an example of good practice of how the industry should respond. Policy influencing Wo hove long lobbied for the Domestic Abuse Bill (for England and Wales) to protect victim- survivors of economic abuse. Our key aroa of focus in relation to the Bill this year was post-separation abuse. With support from SafeLives and other organisations in tho soctor, we called for the legislation on controlling or coercive behoviour to be extended to posl-separation abuse. In March 2021, the government announced that it would support this amendment. This is a significant achievement for victim-survivors, leoding to controlling or coercive behaviour becoming an offence even if the victim is no longer in a relationship with or living with the perpetrator. This oulcome was tho result of campaigning alongside survivors, activists, academics such as Dr Cassandra Wiener, MPS and Pr5. SEA worked with the office ofjess Phillips MP, shadow minister for Domestic Violence ond Safeguarding, who tabled the amendment, writing a speech for her support during the Committee stage debate. We worked with a grcxjp of 28 survivors specifically on the Bill. Jess Phillips MP shared one testimony during the speech in which she tabled the amendment. Our policy focus was also on Covid_19. Measures to stem the spread oftho virus created a conducive context for abuse. We conducted a mojor research project - The Cost of Covid_ 79.- Economic obuse throughout the pondemic- to explore the experiences and needs of victim-survivors facing economic abuse during this time. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 10
Financial review
Reserves policy
ECONOMIC A B U S E funds of around three months, core costs (around £80,000 per month). These funds would be used as an emergency fund and used at the trustees, discretion. The trustees aro committed to maintaining reserves at this level to mitigate risks around income shortfalls and periods of growth. Unrestricted funds raised sinco the beginning of the financial year will cover ary deficit and will be used to maintain the °freo reserves. policy as set out above. Fundraising approach As an independent charity we rely on donations. SEA'S fundraising approach is to build strong relationships with a range of charitable Irusts and foundations, statutory bodies, corporate partners and individuals, in order to diversify income sources and ensure we are not reliant on any one funder. The strategic view ofour work in the coming year will be supported by a refreshed fundraising strategy to put us in a strong position to secure the sustainable funding streams needed to build on Ihis yeor's growth. We comply with all the relevant standards set out in the Code of Fundroising Practice and in the coming year we will register with the Fundraising Regulator. We did not undertake any work throLJghout the year with professional fundraisers or commercial participators. Wo receivod no complaints regarding fundraising this year. Looking ahead Following huge growth during 202(k21, the year ahead will be one of consolidation for the charity. We will focus on securing our position as the UK'S leading voice on economic abuse, strengthen important partnerships through which we can drive change, and look to secure sustainable funding streams to build on this yeads growth. We will continue to look to the future with great ambition for whal we can achieve to support victim-survivors of economic abuse. In 2019, we set out a bold three-year strategy. A priority for the organisation next year is to undertake a strategic review of our work, as well as our vision and mission. Wo are determined that oll women are supported to survive and thrive, so we will step-up our efforts to address the multiple inequalities that the pondemic has exposed, using the evidence gathered through our Cost of Covid_19 research os a foundation. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge12
Structure, governance and management
Constitution
Board of trustees
ECONOMIC A B U S E Trustees are required to disclose and register all relevant interests and withdraw from decisions whero a conflict of interest arises. Staff team Day-to-day operations and management ofthe chority are delegated by thetrustees to the CEO, who provides regular reports to the trustees on performance. The CEO'S performance is scrutinised by tho trustees through monitoring the charity's key performance indicators, quarterly reporting of progress towards strategic objectives, and an annual performance oppraisal conducted by the Chair oftrustees. The CEO is supported by 22 members of staff, an increase from 13 in 2019-20. Tho significant increase in funding for the year enabled us lo put in place the infrastructure to SLJPPOrt our growing impact and ambitions. This included recruiting o Head of Operations and a Head of Impact and Partnerships, to lead the newly formed Impact and Partnerships Team. Together with Ihe Head of Specialist Team, the three heads of team sit on the Senior Leadership Team alongside the CEO. Staff recruitment and remuneration We place the highest value on our stoff. Recruiting the right people and retaining them is fundamental to the success of tho charity. Wo are committed to providing equal opportunities in employment. We seek to attroct employees from diverse backgrounds and with a range of skills, and to avoid unlawful discrimination in all aspects of employment, including recruitment, promotion, opportunities for training, pay and benefits. We pay a fair and appropriate salary to attract and keep the very best people with the right experience to advance the aims ofthe charity- Risk management SEA has a risk register which sets out the risks to the charity in five broad areas governance, environmental and external, regulolory and compliance, financial, operolional. The risk register includes an assessment of the likelihood, severity and potential impact of each risk. With a senior leadership team now in place, responsibilities for individual risks sit with either the CEO or other members of the senior leadership team. The team regularly reviews the risks and the controls that are in place lo mitigate each risK Where there are concerns, these are raised with the Finance, Risk and Auditcommittee and the trustee board as a whole os needed. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 14
ECONOMIC A B U S E The trustees havo idenlified that tho most significant risks lo the organisation at tho time of writing this report are.. Fundraising= The risk of not raising sufficient funds to deliver future projects. Our ability lo deliver projects on timo is directly affected by our fundraising success. Staff ing.. The loss of key staff and/or specialist knowledge. As a small charity, staff absence through illness or resignation can affect our ability to deliver projects. Unique position= SEA remains the only charity in the UK dedicated to raising awareness of and transforming responses to economic abuse. However, other charities are increasingly covering economic abuse wiihin the scope of their work which means SEA'S position should be regularly reviewed. The trustees have considered the Governance Code and are including actions within the risk register lo ensure the framework of the code is embedded within our risk management framework. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge15
Statement of responsibilities of the trustees
Cathy Millis
Financial statements
Independent auditor’s report to the members of Surviving Economic Abuse
Opinion
Basis for opinion
Conclusions relating to going concern
Other information
Matters on which we are required to report by exception
Other matter
Responsibilities of the trustees
Our responsibilities for the audit of the financial statements
Use of our report
’s
Godfrey Wilson Limited
Reference and administrative details of the charity, its trustees and advisers for the year ended 31 March 2021
Statement of financial activities for the year ended 31 March 2021
Balance sheet as at 31 March 2021
Cathy Millis
Richard Walsh
Statement of cash flows for the year ended 31 March 2021
Notes to the financial statements for the year ended 31 March 2021
Accounting policies
a) Basis of preparation
b) Going concern basis of accounting
c) Income
d) Donated services and facilities
e) Interest receivable
f) Funds accounting
g) Expenditure and irrecoverable VAT
h) Allocation of support and governance costs
i) Tangible fixed assets
j) Debtors
k) Cash at bank and in hand
l) Creditors
m) Financial instruments
n) Pension costs
o) Accounting estimates and key judgements
ECONOMIC A B U S E 2. Prior period comF)aratives= statement of finoncial activities (restated) 2020 Tolol tk>rnlK>ns Charitable admties 42T,123 257,153 678,276 Totol incon Expendilure or Rai&ng funds Chjritoble admties 41245 433,578 Total eXp111e Net irK¢)rr 26M55 75242 2,/94 funds Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 28
ECONOMIC A B U S E 3. Income from donations Restrided Uryesirided Total Grants t}01K)nS 2T5,956 5.825 1237,318 S825 facilities. Total income from donal 1289 766 Resialed 2020 Totol Re51rthl UrYe51ricl Gron15 tknalions t)orK]led seprfKes ond fociltlies" 421,123 156,6(K> 4,278 577,n3 4,278 Totol income from d(011 421123 257 IS3 678 276 t)onoled serwces orKJ focilities inckjde lh8 followir¥J: 20 Totol 2020 Toknl Legal and professional IT 5upwrl Room F¥re Polilical nrNIOri 39&25 2SS50 25 Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 29
ECONOMIC A B U S E 4. Income from charitable activities 20X Tolol Consultor TrainirNJ 11,7LK) 11,700 Totol income from thoritoble C1 16 25 RestCTled 2020 Tolol Consultar TrainirrtJ Projed ddNery 18,827 4,605 18,827 9,605 Totol income from thoritoble (Kli 5. Govornment grants The charity receives government grants, defined as funding from the Ministry of Housing, Communities and Local Government, Money and Pensions Services, National Lottery Community Fund, Department for Digital, Culture, Media and Sport, and tho Home Office to fund charitable octivities. The total value of such grants in the period ending 31 March 2021 was £450,854 (2020.. £292,329). There are no unfulfilled conditions or contingencies attaching to the grants awarded in 2020/21. In the prior period, the charity wos required to repay unspent funds of £11,150, and o further £18,233 during this finonciol year, to the Home Office as a condition of the grant. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 30
ECONOMIC A B U S E 6. Total expenditure Raisir¥J Cknritable governrKe fund5 2021 Total Staff costs (nole 8) Recruttnient troinirwJ Tr(TrEI 5ubsistwKe IT ond website costs Office costs ProfessioThJl fees P(JynEnts lo parlner3 Resources ond promotion Deprecialic 508,102 8,632 56,685 S825 704 24.on 14,540 39,596 597,514 14.457 704 85,981 17,455 106,607 174247 41,109 2,718 67,on 174,247 197 16,574 17.127 &Jb-lolol 8183 1.0187 Allocalion of SUPFrfxI and governance costs Totol expwKlwluwe Total gOnarKe costs ye £36,574. RoiwrKJ fur 2020 Tolol Sloff costs {Th)le 8) Recruitment aTrJ irainy Tr[1 ond subsist IT and ¥NEbsile costs offi costs ProfessK)rnl fees PayTr£nts to parlners 17J)42 36604 1,013 43&87 10,957 737 24 1552 6,652 16.499 89.236 276 18219 7A05 33,933 76240 104,639 89,236 524 4565 9,089 Deprecic51ion total 30.787 440.842 197.824 669,453 Alallon of suprM)rt 913 (197 824) Total expw¥Jilure 43,700 625,753 Total goNErnarKe c051s were £31383. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 31
ECONOMIC A B U S E 7. Net movement in funds This is slatred after thorgir¥J: 20 2020 Deprecialion Tru51ees' remunerolion Trustees. reimbursed expen Auditor5. remuneration: Slahjtory audit (irKhJdir¥J VAT) 1479 241 &940 No Iru51ees received reithw5ement of Irovel exPseS durirKJ the year (2020: 3 trustees, £241). 8. Staff costs and numbers Staff costs were as fk>' 20 2020 Sak]ries arKI Vowes Social security costs pelOn costs s352 330.064 47.337 28,297 No employee eomed rTwJre Ihan £60,Crf)O &JrirrfJ the yeor. Leodwthip Team (2021 OAY). The totol empbyee berth of key rTeil Fersonnel were £162,876 (202tr. £61045). 2021 2020 A¥Eroge heod ccunt 18 12 9. Taxation The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 32
ECONOMIC A B U S E 10. Tangible fixed assets Tolol Cost At1 April 2020 Addrtions in yeor At 31 fvlorch 2021 Depreciolion At 1 April 2020 Chorge for the year Morth 20 Net book value At 31 March 2021 Atr 31 March 2020 11. Debtors 20 Trade debtors 103,522 17,996 12. Creditors: amounts due within one year 20 2020 Trode creditors Accruals Deferred income Olher taxalion and soaol serIty Olher creditors 30,507 7,442 19,391 40,000 8,392 Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 33
ECONOMIC A B U S E 13. Deferred income 20 2020 At l Awil 2020 Deferred during the year Relecjsed during the yeor 50,000 (10 000) At 31 P&Jrch 2021 Deferred income relates to income for training received in advance of delivery. 14. Analysis of net assets between funds Restricted Unrestricted funds fund5 Totd fund5 Tongible fixed ossets Current assets Current liobilitEs 245,412 (39 623) 340,748 (110 445) Net ossets ot 31 Morch 2021 205 789 Restricted Unrestrided funds funds Totd furK Tangible fed assets Current assets Current liobilil5 2.376 79,793 (16.752) 4479 154,041 (3 233) 213,834 Nel assets ot 31 March 2020 126 287 191704 Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 34
ECONOMIC A B U S E 15. Movement in funds Ati April 2020 Tron5fers betweefl funds A131 March 2021 Income Expenditure Restricted funds DCMS.. Tompon Tox Fund Money Advice Plus." OCMS Heslio.. DCMS Tompon Tox Fund Home OFFice Home Office." Covid-19 Home Office Lloyds Bank Foundation Home Office Comic Relief / DCMS.. The'Big Night In. Motch Fund Comic Relief.. Tech v5 Abuse The Royne Foundolion / Money ond Pensions Service / Cisco joseph Rowntree Choritoble Trust Nutionol Lottery Community Fund Nutionol Lottery Community Fund Smollwood Trust / OCMS". Women's Sector Resilience Fund Smollwood Trust.. Women's First Policy Support Standard Life Foundolion-. Coronovirus pondemic Solace Women's Aid." DCMS Tompon Tox Fund People'5 Posfrcode Trust / Evan Cornish Foundotion / 29th Moy 19& Charity / CAF Nutionol Lottery Community Fund." Awurds lor All Allen & Overy Eleanor Rathbone Charitable Trust Notionwide Comrnunity Grant5 Ook Foundotion (core) Oak Foundation (project) Winslon Churchill Memorial Trust MHCLG 6.860 1.501 (6,860) (1.501) 738 19,420 (738) (1,187) (80,414) (96.427) (18,233) 79,944 96,427 470 4,872 3,800 3.751 76.260 (80,060) 39,641 37.485 [40,6231 (M,977) 982 24.492 124,867 (44,2771 80,590 37.500 (34.874) 2.626 68,043 (68.043) 21,315 (12.909) 8,406 30,000 (30,058) 58 3,734 40,000 (34,469) 9,265 37,000 (35,572) 1,428 12,857 (7,503) 5,354 35.000 (17,930) 17.070 9.988 5,000 (4,331) (5,000) 5.657 3,000 50,000 54,600 145,668 3,000 34.847 (15,1531 (55,119) (11,873) 519 23.795 io.000 io,000 Total restricted fund5 65,417 1,021,362 (887,5311 6,541 205.789 Unre5tricled funds General funds 126 287 284 929 130 866 273 809 Total unrestricted fvnd5 126 287 284 929 273 809 Total fund5 479,598 Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 35
ECONOMIC A B U S E Purposes of restrided funds DCMS.. Tompon Tox Fund Economic Justice Project Money Advice Plus.. DCMS Tompon Tox Fund Domestic ond Economic Abuse Partnership Hestia.. DCMS Tompon Tox Fund Everyone'5 Business Project Home Office Finonciol Copobility Building ond Training Home Office.. Covid-19 Sustoining octivilies ond providing further support during Covid-19 Home Office Provision of Economic Abuse Resources and Support for Bonks Providing support for Lloyds Bonk Foundation grontholders Lloyds Bonk Foundolion Home Office Finonciol copabilily building ond training (DEAP2) Comic Relief / DCMS: The 'Big Night In, Molch Fund Supporting professionals to delecl and respond to economic obuse Comic Relief.. Tech vs Abuse Thriving After Economic Abuse The Royne Foundolion / Money ond Pensions Service / Cisco EAEF Pilot Project joseph Rowntree Choriloble Trust Tronsforming industry responses Specialist income and housing support for victim- survivors of economic abuse Nalional Lottery Community Fund Nolionol Lottery Community Fund Domestic Abuse ond Covid-19 -Slrotegic Partnership Smollwood Trust / DCMS.. Women's Sector Resilience Fund Support for key members of staff teom Smollwood Trust.. Women's First Policy Support Support for the role of Legol ond Policy Advisor Stondord Life Foundolion.. Coronovirus pondemic The Cosl of Covid-19 reseorch Soloce Women's Aid." DCMS Tompon Tax Fund Lobyrinth Project People's Postcode Trust / Evon Cornish Foundation / 2gh May 1961 Charity / CAF Survivors, Forum Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 36
ECONOMIC A B U S E Nolionol Lottery Community Fund.. Awords for All Survivors, Summit Allen & Overy Core support Eleonor Roihbone Choriloble Trust Experts by Experience Group 'whole housing, opprooch lo prevent housing insecurity ond homelessness for women ond children affected by economic abuse in London Nationwide Community GrontS Ook Foundation Core Support Oak Foundation Global scoping study on economic obuse Developing expert troining ond o free resource to equip employers with knowledge, skills ond confidence to support their employees, economic wellbeing during ond ofier Covid-19 Winston Churchill Memoriol Tru51 MHCLG Whole Housing Approoch Programme Tronsfers between funds Transfers from unreslricled funds relate to the lop up of restricted funds which have been overspent. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 37
ECONOMIC A B U S E Tronsfer5 At funds 2020 Reslricled funds tKMS: EcOrK)M JustKe Ajlen & (kery Money Mvice Flu& DEAP Hestio: Everybody's Business HorTE Office: FirKJnLial cop(Jbiltty Home Office: POre traini MHCLG: knle H(xJsing LBFT: Lloyds Bonk trainirg Comic Rdief DEAP 2 HO Bonking M4P MSE Crty. MF smal Oak FOualI0n IOW8 32,409 (36,427) (IOOD} (18,040) (20,704) 660 2,276 3,942 17,265 l7,S(Kl 65P9) S315 24638 (335) 45,LX)O 146,430) (29.953) (44,665) (128) (12,993) (97,179) (15.T33) (7,915) (26,266) 154 6001 19A20 4,8n 24A92 37,485 9),287 M144 6,710 10,&32 I89 1205 3.734 Totol reslrthj fu (434 033) General fuTr 283 807 235 420 126 287 Total unrestrided funds 1235 420) (2 794) 126 287 Total funds 744,695 (669 453) 16. Related party transactions There were no related party transactions during tho current or prior year. Trustees, report ond finonciol stotements (for the yeor ended 31 Morch 2021) Poge 38