REGISTERED CHARITY NUMBER: 1175148 SWZNDON WOMEN'S AID REPORT OF THE TRUSTEES AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 SWINDON WOMEN'S AID CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Page Report of the Trustee5 I to 5 Report of the Independent Auditors Statement of Flnancial Actlvltles Statement of Flnancial Position io Notes to the Flnancial Statements li to 24 Detailed Statement of Flnancial Artlvltles 25 to 26 SWINDON WOMEN'S AID REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 The trustees present their report with the financial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. statement of Rectsmmended Prartice applicable to charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Fiepublic of Ireland IFRS 102) (effective I January 20191. OBJECTIVES AND ACTIVITIES Vision We believe every person deserves the cholce to live with dignity not dependence. Mission Swindon Women's Aid is commltted to empowering and supporting victims and survivors of domestic abuse; by providing a range of flexible and accessible services that promote positive change. Using our knowledge and expertise we inform policy and ralse awareness to protect and keep vlctim5 and survivors safe. Values Our values are.. We are committed in heart and mind to challenging domestlc abuse. We empower today's victims to become tomorrow's survivors. We are open minded and compassionate in our approach. We respect the choice5 of all seNice users and are empathetic to their needs. Our teams strive for excellence In all services they deliver. We build honest and trusting relationship5. We challenge Inequality and respect diversity. We walk alongslde individuals nurturing confidence and Independenee. FINANCZAL REVIEW Financial posltlon fn July 2024, the Charity was informed by Swindon Borough Council that it had be unsuccessful in its bid to continue to manage the Woman's Refuge, and that the current contract would be terminated on 30th Septernber 2024. The Trustees have reviewed the financial position of the Charity, both currently and In the future, and are content that the Charity 15 in a posbtion to continue all other activities such as work with Children and Young People, awareness Training and work with perpetrators. Total income for the year was £1.5m of which £69k was donated from our Charity Shopi Survivor@SWA Limited. The Charity had a surplus for the year of £119k (2023.. £65k) and. over the year, the total funds of the Charity have Increased by 180/0 to £770K. Investment pollcy and objectives The reserves, both Unrestricted and Restricted, are represented by cash held in the bank. Thls Is held, where possible, in interest bearing accounts. The charity holds an investment In Survlvor@SWA Limited, a company which operates it5 charity shop Page I SWINDON WOMEN'S AID REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 FINANcfAL REVIEW Reserves policy As at 31st March 2024, the Restricted Reserves amounted to £91,832, and Unrestrlcted Reserves were £678,981 as shown in Note 21. The largest part of the CharTty income arises from grants for specific projects. Many of these grants are for specific periods of time or may be retendered from time to time. The trustees believe that sufficlent rese￿e5 should be held to ensure that the costs of retendering contracts can be met without the diminutions of any Service to our clients. We are also aware that some grant funding may just cease, and reserve are held to ensure that that service can still be provided to clients whllst alternative sources to income are sought. Around 4 month5 of runnlng costs are maintained in reserves, and this is level Is regularly reviewed by trustees. With the changes since the year, the charity will re-review its reseNes policy to reassess the resetrves policy in light of Its new running costs. Within the total unrestricted fund5, Trustees have designated funds for those who have no recourse public funds and for facilities management, as detailed in note 21. Unrestricted funds have been designated appropriately and as necess3ry'. for the provision of our services for children, which receive no statutory funding. to support virtSms of domestic violence who have no recourse to public funds Public Beneflt Swindon Women's Aid, also known as Swindon Domestic Abuse Support Service (SDASSI, Is a charity providing support to people affected by domestic abuse in Swindon Borough, Wiltshire. The organisation was founded in 1974 (registered charity no 268048> and became a Charitable Incorporated Organisation in 2017. In January 2024, the Refuge and Charity was visited by Her Majesty The Queen, where she met residents, trLJStee5, Staff and supporters and joined 50th Anniversary celebrations. We provide a range of services to meet the needs of people affected by domestic abuse including.. Refuge accommodation for 22 women (with and without chlldrenl at any one tlme. Keyworker support Is provideLt to the women and children Ilving in refuge. One-to-one support to adults, children and young people Ilving in other safe accommodation in Swindon. Resettlement support for people moving out of refuge or safe accommodation who resettle in Swindon. Community based one-to-one 5UPPOrt for vlctlms of domestic abuse, with specialist Staff to SUPPOrt the need5 of male victims, LGBT+ people and younger victims. Group work programmes for victims of domestic abuse to support long term recovery. Communbty based one-to-one and small group support for children and young people who have lived In abusive households. Our behaviour change programme, Open2Change, Works one-to-one with people who have used abusive behaviours and are committed to not using these behaviours in the future. Preventative work in schools through our Domestic Abuse Aware Schools Award which prov5des training to school staff, drop ins and workshops to children and young people. Our Ambassadors programme provides training to members of the communlty about domestlc abuse, who then talk about domestic abuse in their communitles and workplaces to increase awareness of domestic abuse and the SUPPDrt available. Tralning and Domestlc Abuse Workplace Policy development tD businerts) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasDnable step5 for the prevention and detection c*f fraud and other Irregularities. Approved by order of the board of trustees on 19th November 2024 and signed on Its behalf by.. Mrs N Alb ee Page 5 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SWINDON WOMEN'S AID Opinlon We have audited the financial statements of Swlndon Women's Aid (the 'charity'l for the year ended 31st March 2024 which cL>rnprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financlal reporting framewDrk that has been applled in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practlce), including Flnancial Reporting Standard 102 'The Financlal Reporting Standard applicable in the UK and Republic of Ireland,. In our opinlon the financlal statements.. give a true and fair view of the state of the charlty's affairs as at 31st March 2024 and of its incoming resources and application of resources, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practlce, including Financial Reporting Standard 102 'The Financlal Reporting Standard applicable in the UK and Republic of Ireland,; and have been prepared in accordance with the requlrements of the Charities Act 2011. Basis for oplnlon We conducted our audit in accordance with International Standards on Audlting (UK} IISAS IUKI} and applicable law. Our responsibllitie5 under those standards are further described in the Auditors, respon5ibilltles for the audit of the financial statements section of our report. We a￿ independent of the charity in accordance with the ethital requirements that are relevant to our audlt of the financial Statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evldence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclu51ons relatlng to going concern In auditing the financial Statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statement5 is appropriate. Based on the work we have performed, we have not identified any material uncertalnties relating to events or conditions that, individually or collectively¢ may cast significant doubt on the charity's abllity to continue as a going concern for a period of at least twelve months from when the financial statement5 are authorised for issue. Our responsibilities and the responsibilities of the trustees with respert to golng concern are described in the relevant sections of thls report. Other Information The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in gur report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financlal statements, our responsibility is to read the Other information and, in doing so, consider whether the other information is materially Incon51stent with the financial Statements or our knowledge obtained in the aydit or otherwise appears to be materially misstated. If we dentify such material inconsistencies or apparent material misstatements, v¥e are required to determine whether this gives rise to a material misstatement in the financlal statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this Other information, we are required to report that fact. We have nothing to report in this regard. Matters on whleh we are requlrtd to report by exception We have nothlng to report in respect of the following matters where the Charities (Accounts and Reports) RegulatlDns 2008 require5 US to report to you if, In our oplnion.. the information given In the Report of the Trustees Is inconsistent in any materla5 respect with the financial statements. or sufficlent accounting records have not been kept; or the financial statements are not In agreement with the accounting recc>rds and returns. or we have not received all the information and explanations we require for our audlt. Page 6 REPORT OF THE INDEPENDENT AUDfTORS TO THE TRusfEES OF s￿NDoN WOMEN'S AI Responsibllltie5 of trustees As explained more fully in the Stètement of Trustees, Responsibilitie5, the trustees are responslble for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financlal statements that are free from materlal mlsstatement, whether due tg fraud or error. In preparlng the financial statements, the trustees are responsible for assessing the charlty's ability to continue as a gtsing concern, disclosing, as applicable, matters related to goin9 concern and using the going concern basis of accounting unless the trustees either intend tu liquidate the charity or to cease operatlons, or have no realistic alternative but to do so. Our re5ponsibllities for th¢ audlt of the fiTrancial statements We have been appointed as auditor5 under Section 144 of the Charitles Act 2011 and report in accordance with the Act and relevant regulatlons made or having effect thereunder. Our objertives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that include5 our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit condurted in accordance with ISAS (UK) will always detect a material misstatement when It exists. Misstatements can arise from fraud or error and are consldered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decision5 of users taken on the basis of these financial statements. The extent to which our procedure5 are capable of detectlng irregularitles, including fraud is detailed below.. Our approach to identifying and a55e55ing the risk5 of material mlsstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follow5.. the engagernent partner ensured that the engagement team collectlvely had the appropriate competence, capabilities and skills to identify or recognise non-coinpliance with applicable laws and regulations through the aLJdit planning process. we identified the laws and regulations applicable to the charity throL>gh discussions with trustees and other fnanagement, and from our commercial knowledge and experience of the charity sector; we focused on specific lèw5 and regulations which we considered may have a direct material effect on the flnancial statements or the operations of the company, including the Charities Act, general data protection regulations IGDPRI, employment, and health and safety leg￿SlatIon we assessed the extent of compliance with the laws and regulations identlfied above through making enquiries of management and inspecting legal correspondence- and identifled law5 and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. Page 7 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SWINDON WOMEN'S AID We assessed thls susceptiblllty of the charlty's financial statements to material rni5Statement, including obtaining an understanding of how fraud might occur by.. mjkn'ng enquiries of management as to where they ¢onsldered there was suSCep￿b[1)ty to fraud, their knowledge of actual, susperted and alleged fraud; and considering the internal controls in place to mitigate risks of fraud and non-compliance wlth laws and regulations. In response to the speciflc rSsk of irregularitles withln the use of restricted funds within the charfty sector we.. performed substantive procedures on sources of income to identify any resEricUon5 imposed and agreeing to underlying 5UPPOrting documentation. and performed substanrive procedures on expenditure attrlbutable to restrltted athvltles to ensure costs incurred were ift accordance with the resthrtlons imposed by agreeing to underlylng supporting documentation. In response to addressing the risk of frautj due to management override of internal controls we.. perforrned analytlcal procedures to Identify any unusual or unexpected relatSonshlps,' tested journal entries to identify unusual transartlons,. assessed whether judgement5 and assumptions made in detemiining the accountlng estlmates set out in note were indicative of potential bias,. and Investlgated the ratlonale behlnd slgnificant or unusual transactlon,. In response to the rlsk of irregularfties and non-compllance with laws and regulations, we designed procedures which included, but were not limited to- agreeing financial statement disclosures to underlying supporting documenta￿On,. and viewing mrnutes of Board meetlngs held for the existence of actual and potential litigauon and claims Due to the Inherent limitations of an audlt, there Is an unavo(dable rlsk that we may not have detected some materfal misstatements in the financial statements, even though we have properly planned and performed csur audlt In accordance with audlting Standards. For example, as with any audit, there remained a higher risk of non-detertSon of irregularities, as these may involve collusion, forgery, Intentional omissions, misrepresentatlons, or the override of Internal controls, We are not responsible for preventing fraud or non-compliance with laws and regulatlons and cannot be expected to detect all fraud and non-compliance with laws and regulations. P4aterial mi55tatemenrs that arise due to fraud can be harder to detert than those that arise from error as they may involve deliberate concealment or colluslon. A further descrlptlon of our responslbllltles for the audlt of the financlal statements is located on the Financial Reporting Council's webslte at www.frc.org.uk/auditorsresponsibilitles. This description forms part of our Report of the Independent Auditors. Morri5 Owen is eligible to as an auditor in terms of the Companles Act 2006, s.1212. Uge of our report This report is made solely to the charity's trustees, as a bodys in accordan￿ with Part 4 of the Charities (Accounts and Reports) Regulation5 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to State to them in an auditors, report and for no other purpose. To the fullest extent pemiiited by law, we do not accept or assume responsibility to anyone other than the charity and the charlty's trustees as a body, for o¢Jr audit work, for thi5 report, or for the opinions we have formed. mOr￿S Owen Statutory Auditors 43-45 Devizes Road SWINDON Wiltshlre SNI 4BG Date.. Page 8 SWINDON WOMEN'S AID STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEO 31ST MARCH 2024 2024 Total funds 2023 Total fund5 Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacles 67.235 24 67,259 77,980 Charitable activities Support services 42,834 1,281,079 1,323,913 1,133,920 other trading activltles Investment income Other Income 74,920 19,213 16,000 74,920 19,213 16,000 58,123 3,774 16,000 Total 220,202 1,281,103 1,501,305 1,289,797 EXPENDITURE ON CharltablÈ activities Support services Goverance costs 77,755 1,291,676 1,369,431 11,600 11,600 1,207,925 14,400 Total 89,355 1,291,676 1.381,031 1,222,325 Net gains/(losses) on Investments (1,249) (1,249) 11,900) NET INCOME/(EXPENDITURE) 129,598 (10,573) 119,025 65,S72 RECONCILIATION OF FUNDS Total funds brought forward 549,384 102,404 651,788 586,216 TOTAL FUNDS CARRIED FORWARD 678,982 91,831 770,813 651,788 The note5 form part of these financial statements SWINDON WOMEN'S AXD STATEMENT OF FINANCIAL POSITION 315T MARCH 2024 2024 Total funds 2023 Total funds un￿strICted Restricted ftjnds fund5 Notes FIXED ASSETS Tangible assets Investments 14 15 2,922 14,851 302 3,224 14,851 15,985 16,100 17,773 302 18,075 32,085 CURRENT Assrrs Debtors Cash at bank and in hand 16 59,472 713,967 6,436 234,781 65,908 948,748 236,925 893,142 773,439 241,217 1,014,656 1, 130,067 CREDITORS Arnounts falling due withSn one year 17 (112,231) {149,385) (261,616) 1505,7661 NET CURRENT ASSETS 661,208 91,832 753,040 624,301 TOTAL ASSETS LESS CVRRENT LIABILITIES 678,981 92,134 771,115 656,386 DEFERRED GRANT INCOME 20 (302) (302) 14,598) NET ASSETS 678,981 91,832 770,813 651,788 FUNDS Unrestricted fund5 Restrirted funds 21 678,981 91,832 549,384 102,404 TOTAL FUNDS 770,813 651,788 The financial statements were approved by the Board of Trustees and authorised for issue on 19th November 2024 and were signed on its behalf by-. Mrs N Alb rustee The notes form part of these financlal statements SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 STATUTORY INFORMATION Swlndon Women's Aid is a charity registered in England and Wales. The chadty's registered number and registered office address are as below.. Registered number.. 1175148 Registered office.. PO BOX 2816, SwindDn, SN5 IBQ The presentatlon currency of the financial statement5 15 the Pound Sterllng 1£) rounded to the nearest pound. AccouN￿NG POLICIES Basls of preparlng the flnanclal statement5 The financial statements of the charity, which Ss 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 charitie5 preparing their accounts in accordance wlth the Financial Keporting Standard appllcable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard L02 'The Financial Reportlng Standard applicable in the UK and Republbc of Ireland. and the Charlties Act 2011. The financial 5t8tements have been prepared under the historical cost convention, with the exception gf investments which are included at market value, as modified by the revaluation of certain assets. Going Concern On 30 September 2024 the contract to manage the Swindon refuge ceased. As a ￿SUIt, from I October 2024 the charlty wlll no longer receive the income In respect of this, but also will not incur the running costs. All staff relatlng to running the refuge were transferred over to the new contract holders leaving a Smaller team of staff to continue with the charity's objectives in the community. The charity has strong cash reserves and is able to continue with the delivery of current grant funding. The charlty also has plans to continue with grant appllcations as St has done previously, to focus on its charity's objective. As a result of the factors, and after preparing detailed financial budgets, the trustees believe that the Charity contlnues to be a going concern. Flnan¢lal reporting standard 102 - reduced dls¢losure exemptions The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as pemitted by FRS 102 'The Financial Reportlng Standard applicable in the UK and Republic of Ireland,: the requirements of Sertion 7 Statement of Cash Flows. Crltlcal accounting judgements and key sources of estimatlon uncertainty In preparing these financial staternents, the trustees have made the following judgements.. Determine whether leases entered Snto by the company as a lessee are operating leases or fi'nance leases. These decisions depend on an a5se55ment of whether the risks and rewards of ownership have been transferred from the lessor to the le55ee on a lease by lease basls. Determine the period of useftjl economic life and any residual valLJe of all tangible fixed assets in order to write off the value of each asset over that period. The trustees also carry out estimations on deferred income by using their knowledge of the progress of each grant or contract based on its granted or agreed conditlon5. Income All incoming resources are included in the statement of financial activities when the charlty is entitled to the Sncome and the amount can be quantified with reasonable accuracy. The followlng specific policies are applied to particular categories of income.. Page 11 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES- contlnued Income Rents recelved Income is included based on the period it relates to. Contract income is Included based on when it Is receivable. Voluntary income is received by way of grant5, donations and gifts and is included in full in the Statement of Financial Attivities when reeeivable. Investment Income is included when receivable. Expèndlture Llabilities are recognised as expenditure a5 500n as there Is a legal or constructive obligatlon committing the charity to that expenditure, it is probable that a transfer of economic benefits wlll be required in settlement and the amount of the obligatbon can be measured reliably. Expenditure s accounted for on an accruals basi5 and has been classified under heading5 that aggregate all Cost related to the category. Where costs cannot be directly attrlbuted to particular headings they have been allocated to activities a basis consistent with the use of resources. Tangible flxed assets Depreciation Is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery Fixtures and fitting5 Motor vehicles Computer equipment 30% on cost 30010 on cost 300/0 on cost 33Wo on cost Related party exemptlon The charity has taken advantage of exemption, under the terms of Financial Reporting Standard 102 The Financial Reportlng Standard applicable in the UK and Republic of Ireland,, not to disclose related party transactions with wholly owned subsidiaries wlthin the group. Taxation The charity is exempt from tax on its charitsble activities. Fund accountlng Unrestrlcted fund5 can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted ftjnds can only be used fgr particular restrfcted purposes within the objerts of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each ftjnd is included in the notes to the financlal statements. Donated goods The charity has beneflted enormously from donated goods and services since Its inceptlon. Whilst not wishing to di5rniss the valuable time and donations of a smaller nature, for practicable reasons, de minimus limit for this recognition has been adopted of £1,000. System5 are in place to record when these benefits are received, with assets donated to be valued at the time of the gift and added to the fixed asset register, whilst services provided, such as repairs and decoratSon costs expended through the Statement of Financial Activities. Page 12 contlnued... SWINDON WOMEN'S AXD NOTES TO THE FIP4ANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 315T MARCH 2024 DONATIONS A14D LEGACIES 2024 2023 Donatlons 67,259 77,980 OTHER TRADING ACTIVITIES 2024 2023 Trainlng income Glft of shop profits 5,550 69,370 4,780 53,343 74,920 58,123 INVESTMENT ZNCOME 2024 2023 Dividend Income Deposlt account interest 956 18,257 3,686 88 19,213 3,774 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Support services Support services Support services Support services Rents received Contracts Grants Other income 453,711 360,889 506,297 3,016 412,169 329,248 388,718 3,785 1,323,913 1,133,920 Grants received, include in the above, are as follows.. 2024 2023 Lloyds Foundatlon Grant Ministry Hoijsing Comrnunities Local Govemment Domestic Abuse COVID grant Halcrow IDVA pcc cyp Swindon 8orough Council Behaviour change BBC Children in Need Julia & Hans Trust Garden Perpetrator program Zurich Underwood Other restritted funds Unrestricted funds 10,417 57,641 10,632 153,170 3,489 143,711 12,500 58,334 34,837 12,724 3,845 50,000 10,000 9,311 22,050 17,500 32,755 3,730 150,439 30,000 29,430 38,500 Total grants 506,297 388,718 The income arising from sorne grants has been received In advance and has therefore been deferred into the appropriate period The amount of deferred and accrued income held at the end of each year is as follows,. 2024 2023 Page 13 ontinued... SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MARCH 2024 INCOME FROM CHARITABLE ACTivrrxES- continued Deferred Income Swindon Borough Counc51 Mlnistry Housing Communities Local Government Grants Julia & Han5 Trust Underwood IDVA other restricted funds Unrestricted funds 33,098 54,521 4B,189 90,739 87,276 53,189 20,063 28,029 17,500 13,579 17,500 166,887 296,796 OTHER INCOME 2024 2023 Recharged rentab income 16,000 16,000 CHARITABLE ACTIVITIES COSTS Support costs (see note 91 Direct Costs Totals Support services Goverance costs 1.236,888 132,543 1,369,431 11,600 11,600 1.236,888 144,143 1,381,031 SUPPORT COSTS Goverrtrance costs Management Flnance Totals Support 5ekvices Goverance costs 101,666 435 30,442 11,600 132,543 11,600 101,666 435 42,042 144,143 10. AUDITORS. REMUNERATION 2024 2023 Fees payable to the charity'5 auditors for the audit of the charity's financial Statements Auditors. remuneration for non audit work 11,600 30,442 14,400 15,242 Page 14 continued. SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2024 11. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefbts for the year ended 31st March 2024 nor for the year ended 31st March 2023. TrusteÈs' Èxpen5e5 There were no trustees, expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023. 12. STAFF cosrs 2024 2023 Wages and salaries 962.685 810.658 962,685 810,658 The average monthly number of ernployees during the year was as follows.. 2024 37 2023 36 Average staff headcount No employees received emoluments Sn excess of £60,000. The total salaries, employer national insurance and employer penslon for key management personnel for the year totalled £72,745 12023.. £62,235) The total pension cost charged to the statement of activities durlng the year totalled £16,756 12023.. £16,593). For the staff who work Specifically on a project that is fully funded have their total pensbon cost included in that restricted fund. 13. COMPARATIVES FOR THE STATEMENT OF FINAP4CIAL ACTIVITIES Unrestricted funds Restricted funds Total funds ZNCOME AND ENDOWMENTS FROM Donations and legacies 60,389 17,591 77,980 Charitable actlvities Support Services 18,649 1,115,271 1, 133,920 Other trading activities Investment income Other income 58,123 3,774 16,000 58,123 3,774 16,000 Total 156,935 1,132,862 1,289,797 EXPENDITURE ON Charitable actlvltles Suppc>rt Services Goverance costs 44,244 13,600 1,163.681 800 1,207,925 14,400 Total 57,844 1,164,481 1,222,325 Net gains/(losses) on investments 11,900) 11,9001 NET INCOME/(EXPENDITURE) 97,191 {31,6191 65,572 Page 15 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIvITIES - Contlnued Unrestricted Restricted funds funds Total funds Transfers between fund$ 13,428> 3,428 Net movement In funds 93,763 {28,191) 65,572 RECONCILIATION OF FUNDS Total funds brought forward 455,620 130,596 586,216 TOTAL FUNDS CARRIED FORWARD 549,383 102,405 651,788 14. TANGIBLE FIXED ASSETS Flxtures and fittings Plant and machinery Motor vehlcle5 Computer equipment Totals COST At 1st April 2023 Addition5 40,040 6,332 1,247 4,999 70,604 121,975 1,247 At 3 1st March 2D24 40,040 7,579 4,999 70,604 123,222 DEPRECIATION At 1st April 2023 Charge for year 40,040 5,284 1,391 4,999 55,667 12,617 105,990 14,008 At 3 1st March 2024 40,040 6,675 4.999 68,284 119,998 NET BOOK VALUE At 3 1st March 2024 904 2,320 3,224 At 3 1st March 2023 1,048 14,937 15,985 15. FIXED AssEr INVESTMENTS Shares In group Listed undertaking5 inve5tment5 Totals MARKET VALUE At 1st April 2023 Revaluatlons 16,099 (1,249) 16,100 (1.249) At 31st March 2024 14,850 14,851 NET BOOK VALUE At 31st March 2024 14,850 14,851 At 31st March 2023 16,099 16, 100 There were no investment assets outside the UK. Page 16 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCXAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2024 15. FIXED ASSET INVESTMENTS- continued Cost or valuation at 3 1st March 2024 is represented by: Shares in group Llsted undertaklng$ Investments Totals Valuation in 2020 Valuation In 2021 ValuatlDn in 2022 Valuation in 2023 Valuation in 2024 Cost (2,198) 5,421 1,572 (1,901) (1,249) 13,205 (2,198) 5,421 1,572 (1,901) (1,249) 13,206 14,850 14,851 The Charity has a IOOQ/ts holding in the company Survlvor@SWA Limited, incorporated In England & Wales, company number 12116390. the Company wa5 formed with the sole intention of raising funds for the purpose of the Charityi It5 profit5 being donated under HNRC Gift Aid Scheme each year. 16. DEBTORS: AMOLFNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors other debtors Prepayments and accrued Income 9,606 42,782 13,520 126,929 102,701 7,295 65,908 236,925 17. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see note 18) Trade creditors Social security and other taxes other creditor5 Accrua15 and deferred Income 69,747 47,645 13,458 3,743 371,173 14,105 16,047 3,657 227,807 261,616 505,766 18. LOANS An analysis of the maturity of loans Is glven below- 2024 2023 Arnounts falling due wlthbn one year on demand.. Bank overdrafts 69,747 Page 17 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENfs- continued FOR THE YEAR ENDED 31ST MARCH 2024 19. LEASING AGREEMENTS The Charity has a lease commitment for the rent of the refuge of £62,219 12023: É124,438) In 2022, the Charity has also entered into a 5 year lease for retail premises from whlch Sutvivor@SWA trade at an annual rent of £20,000, with the first year 120221 having a rent free period. 20. DEFERRED GRANT INCOME 2024 2023 Deferred grants for assets Aggregate amortlsation 23,722 (23,420) 23,722 (19,1241 302 4,598 21. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Vnrestrlrted fund5 General fund Contingency ￿SerVe No Recourse for Public Funds reserve Facility management reSe￿e 309,384 210,000 15,000 15,000 129,597 438,981 210,000 15,000 Is,000 549,384 129,597 678,981 Restricted funds Rental income and housing benefit Swindon Borough Council and Wiltshire Police and Crlme Commissioner Mlnlstry Housing Communities Local Governrnent Oomestic Abuse COVID grant Other restricted fund5 IDVA Roles Perpertrator program Garden 64,928 7,125 72,053 23,268 {14,480) 8,788 1,808 (5,402) (1,715) 1,999 93 1,808 5,639 730 1,999 815 11,041 2,445 722 102,404 (10,572) 91,832 TOTAL FUNDS 651,788 119,025 770,813 Page 18 continued.,. SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2024 21. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows- Incoming resources Resources expended Gains and losses Movement in funds Unrestrlcted funds General fund 220,201 (89,355) (1,249) 129,597 Restricted funds Rental income and housing benefit Swindon Borough Council arid Wiltshlre Police and Crime Commissioner Ministry Housing Communities Local Government Domestic Abuse COVID grant other restricted funds IDVA Roles Halcrow grant Perpertrator program The Underwood Trust Julia & Hans Rausing Garden 482,586 (475,461) 7,125 334,696 (349,176) (14,480) 57,641 25,430 153,170 10,632 150,439 30,000 32,755 3,755 (55,833) (30,832) (154,885) (10,632) (148,440) (30,000) (32,755) (3,662) 1,808 (5,402) (1,715) 1,999 93 1.281,104 (1,291,676) (10,572) TOTAL FUNDS 1,501,305 (1,381,031) (1,249) 119,025 Page 19 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024 21. MOVEMENT XN FUNDS - contlnued Comparatives for movernent In funds Net movement in funds Transfers between funds At 31.3.23 At 1.4.22 Unrestrlcted funds General fund Contingency reserve No Recourse for Public Funds reserve Facility management reserve 215,620 210,000 15,000 15,000 97,192 (3,428) 309,384 210,000 15,000 15,000 455,620 97,192 (3,428) 549,384 Restrlcted funds Rental income and housing benefit Swindon Borough Council and Wiltshire Police and Crlme Commissioner Lloyds Foundation Grant Minlstry Housing Communitles Local Government Domestic Abuse COVID grant Other restricted funds IDVA Roles PCC CYP Outreach Perpertrator program Garden 10,495 54,433 64,928 91,248 (67,9801 {3401 23,268 340 14,610 114,610} 10,999 2,445 114,243) 13,046) 722 42 11,041 2,445 14,243 3,046 722 130,596 13 1,6201 3,428 102,404 TOTAL FUNDS 586,216 65,572 651,788 Page 20 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCXAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024 21. MOVEMENT IN FUNDS - continued Comparative net movement In funds, included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestrlrted funds General fund 156,936 157,844) 11,9001 97,192 Restrlcted funds Rental income and housing benefit Swindon Borough Councll and Wiltshire Police and Crime Commissioner Lloyd5 Foundation Grant Ministry Housing Communitie5 Local Government Domestic Abuse COVID grant Zurich Community BBC Children in Need Other restricted funds IDVA Roles PCC CYP Outreach Perpertrator program The Underwood Trust SBC 8ehaviour Change Julla & Han5 Rausing Garden 441,450 1387,017) 54,433 302,892 ID,417 1370,8721 {10,757) {67,980) 1340) 3,490 ID,000 34,837 21,761 143,710 12,500 50,000 9,311 58,334 12,724 21,435 118,IDD) iio,000) 134,837) {10,762) {141,2651 126,743) 153,046) {9,311) 158,334) {12,7241 {20,713) {14,610) 10,999 2,445 {14,243} {3,046) 722 1, 132,861 11,164,481) {31,620) TOTAL FUNDS 1,289,797 11,222,325) 11,9001 65,572 Page 21 continued... SWINDON WOMEN'S AID NOTES TO THE F114ANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MARCH 2024 21. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined p051tion 15 as follows.. Net movement In funds Transfers between funds At 31.3.24 At 1.4.22 Unrestrlcted funds General fund Contingency reserve No RecDuf5e for Public Funds reserve Facility management reserve 215,620 210,000 15,000 15,000 226.789 (3,4281 438,981 2 10,000 15,000 15,000 455,620 226,789 (3,4281 678,981 Restricted fund$ Rental income and housing benefit Swindon Borough Council and Wiltshire Police and Crime Commissioner Lloyds Foundation Grant Ministry Housing Communities Local Government Domestic Abuse COVID grant Other restricted funds IDVA Koles PCC CYP Outreach Perpertrator program Garden 10,495 61,558 72,053 91,248 182,460) 1340) 8,788 340 14,610 {12,802) 5,597 730 114,243) (1,047) 815 1,808 5,639 730 42 14,243 3,046 1,999 815 130,596 (42, 192) 3,428 91,832 TOTAL FUNDS 586,216 184,597 770,813 Page 22 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 31ST MARCH 2024 21. MOVEMENT IN FUNDS - contlnued A current year 12 months and prior year 12 months comblned net movement in funds, included in the above are as follows: Incoming resources Resources expended Gains and losses Moverrent in funds Unrestrl¢ted fund5 General fund 377,137 (147, 199) 13.149) 226,789 Restricted fund5 Rental Income and houslng benefit Swindon Borough Council and Wiltshire Police and Crime Commlssioner Lloyds Foundation Grant Ministry Housing Communities Local Government Domestic Abuse COVID grant Zurich Community BBC Children in Need other restritted funds IDVA Roles PCC CIP Outreach Halcrow grant Perpertrator program The Underwood Trust SBC Behaviour Change Julia & Hans RaLJsing Garden 924.036 (862,478) 61,558 637,588 10,417 (720,048) (10,757) 182,4601 13401 61,131 10,000 34,837 47,191 296,880 12,500 10,632 200,439 39,311 58,334 45,479 25,190 (73,933} i 10,000) 134,837) (41,594) (296, 150) (26,743) I ID,632} 1201,486) 139,311} 158,3341 145,4791 (24,3751 112,8021 5,597 730 114,2431 11,0471 815 2,413,965 {2,456,157> 142, 1921 TOTAL FUNDS 2,791, 102 {2,603,356} 13,149) 184.597 Page 23 continued... SWINDON WOMEN'S AID NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MARCH 2024 21. MOVEMENT IN FUNDS- continued Fund name Purpose and re5trlrtlon Rental income and housing benefit Thls Is the income that is received from the resldents, vi Housing Beneflt and the Department of Work and Pensions. Swindon Borough Council and Wiltshire Police and Crime Commissioner Lloyds Foundatlon Grant This is to enable the charity to deliver a domestlc abuse service across Swindon. To cover staff costs for the Service of a Young Persons Independent Domestic Violence Advisor within the Community, supporting young adults who are vSetims of dornestic abuse. Ministry Housing CommunitiesLocal To fund a new posltlon of a Resettlement Worker for the Government DomesticAbuse COVID residents In refuge, assisting in securing safe grant accornrnodation when they leave refuge. Also, funding therapeutlc 5UPPOrt and the Recovery Prtsgrammes. This is a grant received as a Charity Partner of Zurich Cornmunity Foundation, which supports core costs of the charity Grant for a Children and Young People's Worker in the Refuge Additional Independent Domestic Vlolence Advisors To support funding a front line Independent Domestic Violence Advisor5. To fund a Outreach Worker position to provide I to I support to children who have witnessed or experienced domestic abuse. Funds a Triage and Programrne5 Officer who tnages referrals received and supports the settlng up and delivery of recovery programmes Grant from the Polsce and Crime Commissioner for the perpetrator programme A grant that funds a Children and Young People's Outreach Worker post Grant to deliver the perpetrator programme and associated partner support work Grant to deliver the Domestic Abuse Aware Schools Award programme Grants and donations speclfically for tlie development of the Refuge garden area Zurich Community BBC Chlldren Sn Need MOJ GWH IDVA IDVA role5 PCC Outreaeh Halcrow grant Perpetrator program The Underwood Trust SBC Behaviour Change Julia & Hans Trust Garden 22. RELATED PARTY DISCLOSURES During the current year a total of £13,270 (2023.. £6,847) was paid, In relation to accommodation space, to a company of which a trustee was a director during the year. 23. POST BALANCE SHEET EVENTS On the 30 September 2024, the contract to rTianage the Swindon refuge ceased. A5 a re5uIt, On I October 2024 the related incL>me and expenses ceased, and the staff related to refuge were transferred to the new contract holder under the Transfer of Undertakings (Protection of Employment) Regulation5 2006 ITUPEI. Page 24 SWXNDON WOMEN'S AID DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations 67,259 77,980 Other trading activities Training income Gift of shop profits 5,550 69,370 4,780 53,343 74,920 58,123 Investment Income Dividend income Deposit account interest 956 18,257 3,686 88 19,213 3,774 Charttable activitie5 Rents received Contratts Grants Other income 453,711 360,889 506,297 3,016 412,169 329,248 388,718 3,785 1,323,913 1,133,920 Other Income Recharged rental income 16,000 16,000 Total Incomlng resources 1,501,305 1,289,797 EXPENDITURE Charltable activities Wages Clinical supervision Rent and rates Insurance Heat and light Children's servlces Marketing Repairs and renewals Supplies Motor and travel expenses Other accommodation Counselling and client support 962,685 8,190 156,538 11,023 34,745 810,658 7,605 147,624 8,540 43,988 12,739 6,575 25,469 7,138 9,765 881 4,818 16,037 12,981 11,231 18,640 1,236,888 1,080,982 Support COSts Management Professional fees Computer costs Carried forwar( 5,820 44,233 50,053 23,123 32,548 55,671 This page does not form part of the statutory flnancial statement5 Page 25 SWINDON WOMEN'5 AID DEfAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 Management Brought forward Telephone and Internet Training costs Administration costs Settlement fee Depreciation of tangible and heritage assets Flelease of grant for fixed assets 50,053 6,380 22,862 12,659 55,671 5,355 14,277 11,300 12,720 14,008 (4,296) 18,711 {6,8211 101,666 111,213 Flnance Bank charge5 435 488 Governance costs Auditors, remuneration Audltors, remuneration for non audit work 11,600 30,442 14,400 15,242 42,042 29,642 Total resources expended 1,381,031 1,222,325 Net income before galns and 105ses 120,274 67,472 Realised recognised galn$ and 105ses Unrealised gains/losses on fixed a55ets investment5 (1,249) (1,9001 Net income 119,025 65,572 This page does not form part of the statutory financial statements Page 26