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2024-08-31-accounts

REGISTERED COMPANY NUMBER: CE013586 (England and Wales) REGISTERED CHARITY NUMBER: 1177626

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 August 2024

for

The Magdalene Group

Steve Pye & Co. Chartered Certified Accountants Unit 10 Aylsham Business Park Richard Oakes Road Aylsham Norfolk NR11 6FD

The Magdalene Group

Contents of the Financial Statements for the Year Ended 31 August 2024

Page
Report of the Trustees 1 to 8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11 to 12
Notes to the Financial Statements 13 to 18
Detailed Statement of Financial Activities 19 to 20

The Magdalene Group

Report of the Trustees

for the Year Ended 31 August 2024

The Magdalene Group Trustees present their report and the financial statements for the year ended 31 August 2024. The financial statements comply with current statutory requirements of the Companies Act 2006, the charity's trust deed and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102 (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Magdalene Group has been established in Norwich for 30 years, supporting women and girls who are affected by sexual violence, coercion and exploitation.

More recently providing housing services for women who experience multiple disadvantages; in addition, we deliver interventions to young people at risk of sexual exploitation. We have built up an excellent track record over this time in building trusted relationships with the women and girls we work with.

The Charity was founded by two female magistrates ‘the two Doreen's’ and grew to receive national recognition by being included in the Home Office report ‘Paying the Price’ in July 2003 and went on to receive the Queens Award in 2004.

Vision : Reaching out to build trusted relationships to bring an end to sexual violence, exploitation and coercion.

Mission : The Magdalene Group supports positive change for women and girls, who are affected by sexual violence, exploitation and coercion, in a trauma-informed way.

Values : We are a value-driven charity seeking to make a real difference to the lives of the people we support.

Page 1

The Magdalene Group

Report of the Trustees

for the Year Ended 31 August 2024

OBJECTIVES AND ACTIVITIES

Significant activities

This year saw us celebrate our 30th anniversary and we embraced and delivered some high-profile events to demonstrate our work with the most vulnerable and hidden women and girls in our society. We re-committed our ongoing support to ensure ALL women at every level in society are free from sexual violence, coercion and exploitation.

We kicked off with a ‘Midnight Strut’ which was attended by over 100 women and ended in a candlelight vigil for 108 women who lost their lives to male violence.

“Amazing – what a moving and powerful event – well done to The Magdalene Group for shining the light on this”

In October we held a joint Conference with a partner organisation in Norfolk Leeway looking at domestic abuse and sexual violence and our responses.

“The conference celebrated the range of important work that has been done over the decades to tackle domestic abuse and violence against women and girls (VAWG.) Speakers provided an insight on research, which sparked so much hope for a future without gendered violence. Some bravely spoke about their personal experiences of surviving domestic violence and their journey to healing, which was so inspirational!”

The Magdalene Group held an anniversary celebratory event ‘The Pearly Ball’ in October and for a grassroots Charity working in a hidden world it was both a humbling and heartening experience. The evening was a tremendous success and raised over £10,000.

“The Magdalene Group charity doing incredible work rebuilding the lives of women and girls who have suffered abuse.”

“‘The Magdalene Group really leads the way and our table places are a small contribution to the work ahead.”

The Magdalene Group continues to work in the Violence Against Women and Girls (VAWG) arena, “violence against women and girls” covers a range of abuse types which, although men and boys also suffer, disproportionately affects women and girls. Crime types include domestic abuse, homicide, sexual assault, stalking, sexual exploitation, child abuse, female genital mutilation (FGM), forced marriage and harassment in work and public life.”

Our approach is trauma and gender-informed, providing a distinct perspective, which means that we challenge language and approaches that describe women as hard to reach or having difficult behaviours, preferring to consider the reasons behind why some women may be experiencing difficulties. We recognise women and girls’ intersectional identities in that race, class, gender identity, alongside experiencing multiple disadvantages, for example, rough-sleeping, hiddenhomeless, mental health and contact with the criminal justice system, requires specialist support to create safe and equal communities.

In response to demand we continue to develop housing solutions and remain part of a formal partnership that presents us with opportunities to challenge barriers and raise the voice of women to highlight safeguarding concerns and improve understanding of how women experience homelessness differently to men. This year The Magdalene Group took part in the Women’s Rough Sleeping Census 2024, providing data for Norwich for the first time, as part of a national initiative which has given us new evidence of the experience of women who are hidden homeless in Norwich.

The Rose project was identified as a partner to provide added value in supporting Unaccompanied Asylum Seeker Cohorts (UASC) and we have commenced work with two groups, including Eritrean and Vietnamese vulnerable teenage girls. Sessions will also include getting to know them, their needs and connecting them to other services in the community.

In September we joined the Flourish with a pledge to support young people throughout Norfolk, who have been affected or at risk of sexual exploitation.

Page 2

The Magdalene Group

Report of the Trustees

for the Year Ended 31 August 2024

OBJECTIVES AND ACTIVITIES - continued Significant activities - continued

At The Magdalene Group we believe in the power of co-production to drive meaningful change in our efforts to combat violence against women and girls. Through collaborative partnerships with survivors, advocates, community members and stakeholders, we co-create initiatives, resources and interventions that are rooted in the diverse perspectives of the women’s experiences and expertise.

We recognise how well-placed we are to be leading the VAWG strategy locally and to drive systems-change, through influencing and awareness raising to develop specialist responses and to amplify the voice of women and girls and to develop our staff and service users to be changemakers.

Over the last 30 years our small charity has worked tirelessly to make a meaningful impact and I am proud of all that we have accomplished but there is so much more to do to remove barriers and inequality.

We deliver our frontline services through our Projects.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Doorway Women's Services : specialist, person-centred, trauma- and gendered support for women who experience sexual violence, exploitation, grooming and coercion.

There is a strong correlation between sexual violence and multiple disadvantages, therefore we also provide support to women who experience hidden and street homelessness, addiction, debt, mental ill health, stigma and isolation to improve life outcomes by breaking the cycle of abuse and exploitation. The practitioner works to ensure engagement is maximised, as many agencies can fail to understand the link between repeated sexual violence and multiple disadvantages, this in turn perpetuates feelings of shame and stigma and ultimately the client not engaging. The practitioners have an informed understanding of sexual violence in an integrated way. It is important for all staff and services involved with the women's journey to understand how trauma manifests in behaviour, in addition to how to respond appropriately.

April 24 - March 25

“You are so kind to me, nobody has ever been kind to me. You listen and care about me and I appreciate you so much.” - Woman

“Thank you for all your work you have done for me. I finally have a safe place to call my own after so long of being homeless.” - Woman

Page 3

The Magdalene Group

Report of the Trustees

for the Year Ended 31 August 2024

Rose Project : preventing child sexual exploitation (CSE) and providing those affected with the right support. We work with a range of agencies to highlight:

Our work with young people screened as medium and high-risk of child sexual exploitation (CSE) in 1:1 support sessions; this intervention is trauma-informed and client-led, designed to equip young people with knowledge around exploitation and healthy relationships and to address any underlying issues that have made or might continue to make them vulnerable to exploitation. We embed our knowledge and practice into the direct work we do with young people, parents, carers, and professionals. We share knowledge with young people to help them understand what trauma is, how the body responds and what trigger responses are. This brings clarity to young people to help them understand what they are experiencing. Building upon our trusted relationships we can work with professionals, social workers, police, and schools to share our knowledge around trauma and where required bring professional challenge.

April 24 - March 25

“Learning of new things and how to keep myself safe.” - Young person

Jigsaw Education & training programmes : early-intervention approach, intentionally positioned at the intersection between CSE and sexual violence; recognising the need to safeguard potential victims and address societal issues of violence against women and girls.

These courses support and extend the updated relationships and sex education (RSE) curriculum, as well as addressimg themes detailed in Ofsted's review of sexual abuse in schools. Variously referred to as CSE prevention or healthy relationships education, based on the theory that if you can raise children's awareness of what constitutes healthy relationships and develop their understanding of key issues such as consent and grooming, you can reduce exploitation. The content is regularly updated to capture and reflect changing landscapes.

CPD Accredited Training : upskilling professionals already working with children and young people. Educating teaching staff, youth workers, residential home staff etc. on key topics relating to CSE to promote confidence in approaching these issues in a trauma- and gender-informed way.

April 24 - March 25

“I learnt about different types of consent and how to communicate.” - High school student

“I learnt about the importance of consent, red/green flags or both, domestic abuse, how to stay safe, sending inappropriate pictures/underage, etc.” - High school student

Page 4

The Magdalene Group

Report of the Trustees

for the Year Ended 31 August 2024

FINANCIAL REVIEW

Reserves policy

The trustees are mindful of the expertise that The Magdalene Group has built up through its staff and of the need for sustainability going forward in continuing to provide services to both clients and funders. In view of this, the trustees have reviewed their original policy and consider that the charity should aim to retain enough unrestricted funds to cover 12 months of the running costs of the charity. This will enable continuity of service and retention of experienced personnel whilst identifying and securing new funds to continue to operate. These costs approximate to £420,000. Actual unrestricted reserves as at 31st August 2024 amount to £330,061 (2023: £335,026).

Designated funds total of £211,358, which is towards the provision of future women's accommodation as our data consistently evidences this is the highest need of the women who use our services.

STRUCTURE, GOVERNANCE AND MANAGEMENT

This is the sixth annual return reporting as a Charitable Incorporated Organisation and as we submit this annual report, we are in our 30th year of safeguarding vulnerable women and young people who experience sexual violence, coercion and exploitation.

The trustees, CEO and staff team have been working on the strategy leading towards this 30 year anniversary which was consulted on at our Away Day in July 2022 to bring about further clarity in our response. More than ever the need to support women and girls around sexual violence is paramount and the organisation is well-placed to respond and deliver.

This report forms part of strategy and the following key organisational objectives remain for The Magdalene Group for this period.

Governance : trustees who have specialist skills and experience to help the board fulfil its roles and responsibilities are recruited. A trustee induction programme is in place which covers the provision of a range of documentation and training and is reviewed on an annual basis.

The full board meets four times a year. There are two sub-groups: employment & remuneration and finance. These subgroups also meet four times a year.

There are leads on the trustee board for key areas which include safeguarding, finance and equality & diversity.

Quality : a key area for the organisation is safeguarding. We have a dedicated safeguarding lead with extensive management experience within Children’s Services. The organisation has undertaken the statutory Section 11 review with Norfolk Safeguarding Children Partnership which is an annual process. We are committed to learning and best practice with all frontline services as well as the governance and leadership of safeguarding. All staff and Trustees are required to have basic through to advanced Safeguarding training.

Financial Income : The organisation continues to work hard to maintain and secure income, recognising the uncertainty and challenge that charities are facing with the cost-of-living crisis. We continue to work on diversifying income to reach the needs of women and girls through innovation and responsiveness; developing partnerships and collaborations, increasing unrestricted reserves to ensure organisational sustainability and accountability. We continue to develop our competencies framework, to deliver high quality services. Through undertaking these measures the organisation has been able to maintain service provision to women and young people throughout Norfolk.

We remain so thankful to the trusts, bodies, organisations and individuals that support and allow our work to continue through giving grants and donations and acknowledge those we work in partnerships with to deliver contracts in our field of work: Lloyds Bank Foundation, Norfolk County Council, Norwich City Council, Charity of Sir Richard Whittington, Office of the Police and Crime Commissioner for Norfolk, Anguish Educational Foundation, The Farthing Trust, Norwich Freemen’s Charity, Norwich Consolidated, West Norfolk YAB, Paul Bassham Charitable Trust.

Page 5

The Magdalene Group

Report of the Trustees

for the Year Ended 31 August 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT - continued

Risk Management : Fundamental to managing risk is the organisational risk register. The Magdalene Group reviews this on a quarterly basis and has appointed a dedicated Trustee to represent this area in conjunction with senior management. This is a standing agenda item at trustee meetings, where time is taken to discuss sections within the register to ascertain and mitigate risks and plans are updated to reflect this. The five key areas identified in the risk register are: governance, operational, financial, external customer risks and regulatory risks.

Equality and Diversity : The organisation has implemented policies and procedures to embed being an inclusive organisation for both clients and staff. We are committed to collaboration and continue to work towards an environment that is diverse, equitable, inclusive and anti-racist. Mandatory training programmes for staff are reviewed annually and further courses added to embed organisational knowledge and approaches towards equality and diversity.

Workforce Development : the trustees, volunteers and staff who make up our workforce are our biggest asset and as such we are pleased to have invested in training and development to retain their skills in working together to ensure we deliver quality, trauma-informed interventions, whilst retaining effective safeguarding judgements and responding to crisis in order to build trusted relationships. Regular workforce meetings are held to ensure a dynamic decision-making process is promoted to support staff in their job roles. The hybrid working policy implemented last year is positive and has benefitted frontline delivery.

We continue to look at staff support and wellbeing. Clinical supervision is provided to all frontline practitioners. Regular 1:1s with line managers and employee assistance helplines remain available. Initiatives such as communication meetings, 'donut' staff times, team meetings, open door policy, staff socials and away days are embedded into the framework and culture of the organisation.

This year staff training has been delivered on:

HR related:

Page 6

The Magdalene Group

Report of the Trustees

for the Year Ended 31 August 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT - continued

Digital Marketing and Communications : We were pleased to be awarded a marketing consultant through Lloyds Enhance programme. A full organisational audit was undertaken and key areas for improvement identified with an action plan implemented to measure success. We will be looking to recruit dedicated marketing and capacity this year through either employment or consultancy. We continue to include this in our business development strategy for 2025.

We have increased our profile on social media through the high profile anniversary events undertaken and enjoyed press and newspaper coverage.

Co-production : Coproduction is at the heart of The Magdalene Group’s (TMG) vision, to build trusted relationship and bring an end to sexual violence, exploitation and coercion. It is integral to our values of being non-judgemental, demonstrating social impact and being ‘changemakers’ to meet the needs of people on margins of society. As well as developing engagement and building trusted relationships with clients, staff and volunteers. It aligns with the organisations aims of ensuring the women and young people who use our service are always at the heart of everything we do.

The Magdalene Group was able to utilise the Lloyds Bank Foundation's Enhance Programme, with input from Expert Link. We have focussed on practicalities of creating a group to include:

We have focussed on consultation, goals and aspirations of the women who use our service and utilising these experiences to influence our work and strategy. As part of TMG’s values, the theme for this year is ‘Raising Voices’.

Embedding the ‘Ladder of Coproduction’ in our approach and using a green, red and orange tickets, symbolising women’s feelings, enabling maximum participation, has seen the following progress in co-production activities:

The Women’s Rough Sleeper Census ensuring the experience of women is captured and how it differs to that of men.

The script for our 30th anniversary film capturing their voices and experience of hidden homelessness and exploitation.

Sharing their different types of sexual abuse they had experienced and are preparing to share their experiences through podcasts facilitated by an author from The Writers Centre to help other women understand their rights and give them hope for the future. As part of Sexual Abuse and Sexual Violence Awareness Week, the women took part by sharing their experiences and uses their voices to say ‘#ITSNOTOK’

Identifying a number of barriers to accessing services, many felt they struggled to access housing, substance use, mental and physical health and financial support.

Identifying the need to educate and share information about accessing Temporary Accommodation when someone is threatened or becomes homeless. They felt people should know to how to navigate the system as well as empower others. They contributed to the design and input of the leaflet and named it ‘Users Guide to Temporary Accommodation’.

Sessions run by Cloth of Kindness, have been very successful, in engaging women therapeutically to with stitched panels to create a large blanket of ‘Kindness’. This is a way of helping women find their voice and feelings.

Page 7

The Magdalene Group

Report of the Trustees for the Year Ended 31 August 2024

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

CE013586 (England and Wales)

Registered Charity number

1177626

Registered office

61 King Street Norwich Norfolk NR1 1PH

Trustees

Caroline Elliott Georgina Holloway Rowland Cogman - resigned 04.03.2025 Lucy Macleod - resigned 25.06.2024 N Miller - resigned 25.10.2023 N Elumogo - appointed 25.10.2023 Y Ross - appointed 14.11.2023

Independent Examiner

Steve Pye & Co. Chartered Certified Accountants Unit 10 Aylsham Business Park Richard Oakes Road Aylsham Norfolk NR11 6FD

Approved by order of the board of trustees on 9th June 2025 and signed on its behalf by:

..................................................... Trustee

Page 8

Independent Examiner's Report to the Trustees of The Magdalene Group

Independent examiner's report to the trustees of The Magdalene Group ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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

  1. 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

  2. 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 fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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

Liam McHugh ACCA

Steve Pye & Co. Chartered Certified Accountants Unit 10 Aylsham Business Park Richard Oakes Road Aylsham Norfolk NR11 6FD

Date: .3 June 2025

Page 9

The Magdalene Group

Statement of Financial Activities

for the Year Ended 31 August 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
51,056
Investment income
2
14,402
Total
65,458
EXPENDITURE ON
Raising funds
3
869
Other
69,554
Total
70,423
NET (EXPENDITURE)/INCOME
(4,965)
RECONCILIATION OF FUNDS
Total funds brought forward
546,384
TOTAL FUNDS CARRIED FORWARD
541,419		 Restricted
fund
£
343,486
-
343,486
39,387
309,924
349,311
(5,825)
6,692
867		 2024
Total
funds
£
394,542
14,402
408,944
40,256
379,478
419,734
(10,790)
553,076
542,286		 2023
Total
funds
£
426,703
6,015
432,718
47,765
371,676
419,441
13,277
539,799
553,076

The notes form part of these financial statements

Page 10

The Magdalene Group

Balance Sheet

31 August 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
7
8,844
CURRENT ASSETS
Debtors
8
8,533
Prepayments and accrued income
11,016
Cash at bank and in hand
528,060
547,609
CREDITORS
Amounts falling due within one year
9
(15,034)
NET CURRENT ASSETS
532,575
TOTAL ASSETS LESS CURRENT LIABILITIES
541,419
NET ASSETS
541,419
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
150,027
150,027
(149,160)
867
867
867		 2024
Total
funds
£
8,844
8,533
11,016
678,087
697,636
(164,194)
533,442
542,286
542,286
541,419
867
542,286		 2023
Total
funds
£
7,525
730
26,832
757,383
784,945
(239,394)
545,551
553,076
553,076
546,384
6,692
553,076

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 11

continued...

The Magdalene Group

Balance Sheet - continued

31 August 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 9th June 2025 and were signed on its behalf by:

............................................. Trustee

The notes form part of these financial statements

Page 12

The Magdalene Group

Notes to the Financial Statements

for the Year Ended 31 August 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial 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 Reporting 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity 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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on reducing balance Motor vehicles - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects 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 fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 13

continued...

The Magdalene Group

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

2. INVESTMENT INCOME

Deposit account interest
RAISING FUNDS
Raising donations and legacies
Support costs		 2024
£
14,402
2024
£
40,256		 2023
£
6,015
2023
£
47,765

3. RAISING FUNDS Raising donations and legacies

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Depreciation - owned assets
Hire of plant and machinery
Other operating leases
Deficit on disposal of fixed assets		 2024
£
2,241
4,065
22,074
-		 2023
£
1,874
4,475
19,945
139

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
60,289
Investment income
6,015
Total
66,304
EXPENDITURE ON
Raising funds
622		 Restricted
fund
£
366,414
-
366,414
47,143		 Total
funds
£
426,703
6,015
432,718
47,765

Page 14

continued...

The Magdalene Group

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
Other
31,154
Total
31,776
NET INCOME/(EXPENDITURE)
34,528
RECONCILIATION OF FUNDS
Total funds brought forward
511,856
TOTAL FUNDS CARRIED FORWARD
546,384
7.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 September 2023
24,441
Additions
3,560
At 31 August 2024
28,001
DEPRECIATION
At 1 September 2023
17,486
Charge for year
2,098
At 31 August 2024
19,584
NET BOOK VALUE
At 31 August 2024
8,417
At 31 August 2023
6,955
Restricted
fund
£
340,522
387,665
(21,251)
27,943
6,692
Motor
vehicles
£
13,495
-
13,495
12,925
143
13,068
427
570		 Total
funds
£
371,676
419,441
13,277
539,799
553,076
Totals
£
37,936
3,560
41,496
30,411
2,241
32,652
8,844
7,525

Page 15

continued...

The Magdalene Group

Notes to the Financial Statements-continued
for the Year Ended 31 August 2024
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Pension
Accruals and deferred income
Accrued expenses
10.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated funds
Restricted funds
Restricted funds
TOTAL FUNDS		 At 1.9.23
£
335,026
211,358
546,384
6,692
553,076		 2024
£
8,533
8,533
2024
£
2,634
4,738
285
445
156,092
-
164,194
Net
movement
in funds
£
(4,965)
-
(4,965)
(5,825)
(10,790)		 2023
£
730
730
2023
£
6,855
(371)
550
311
227,092
4,957
239,394
At
31.8.24
£
330,061
211,358
541,419
867
542,286

Page 16

continued...

The Magdalene Group

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

10. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
65,458
Restricted funds
Restricted funds
343,486
TOTAL FUNDS
408,944
Comparatives for movement in funds
At 1.9.22
£
Unrestricted funds
General fund
300,498
Designated funds
211,358
511,856
Restricted funds
Restricted funds
27,943
TOTAL FUNDS
539,799
Comparative net movement in funds, included in the above are as follows:		 Resources
Movement
expended
in funds
£
£
(70,423)
(4,965)
(349,311)
(5,825)
(419,734)
(10,790)
Net
movement
At
in funds
31.8.23
£
£
34,528
335,026
-
211,358
34,528
546,384
(21,251)
6,692
13,277
553,076
Unrestricted funds
General fund
Restricted funds
Restricted funds
TOTAL FUNDS		 Incoming
resources
£
66,304
366,414
432,718		 Resources
Movement
expended
in funds
£
£
(31,776)
34,528
(387,665)
(21,251)
(419,441)
13,277

Page 17

continued...

The Magdalene Group

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.9.22
in funds		 31.8.24
£ £ £
Unrestricted funds
General fund 300,498 29,563 330,061
Designated funds 211,358 - 211,358
511,856 29,563 541,419
Restricted funds
Restricted funds 27,943 (27,076) 867
TOTAL FUNDS 539,799 2,487 542,286
A current year 12 months and prior year 12 months combined net movement in funds, included in the above ar
as follows:
Incoming
Resources		 Movement
resources
expended		 in funds
£ £ £
Unrestricted funds
General fund 131,762 (102,199) 29,563
Restricted funds
Restricted funds 709,900 (736,976) (27,076)
TOTAL FUNDS 841,662 (839,175) 2,487

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2024.

Page 18

The Magdalene Group

Detailed Statement of Financial Activities
for the Year Ended 31 August 2024
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other income
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Other
Wages
Pensions
Staff supervision
Other operating leases
Cleaning
Training and consultancy
Travel and subsistence
Motor expenses
Client provisions
Volunteer expenses
Fixtures and fittings
Motor vehicles
Loss on sale of tangible fixed assets
Support costs
Management
Insurance
Telephone
Postage and stationery
Advertising
Fund raising expenses		 2024
£
51,056
341,331
2,155
394,542
14,402
408,944
289,739
31,982
4,065
22,074
6,050
5,001
9,391
4,019
3,915
1,001
2,098
143
-
379,478
2,279
6,531
2,177
2,185
-
13,172		 2023
£
60,290
363,590
2,823
426,703
6,015
432,718
283,263
32,408
4,475
19,945
5,774
4,865
12,939
2,112
3,268
614
1,684
190
139
371,676
2,120
6,965
2,459
7
-
11,551

This page does not form part of the statutory financial statements

Page 19

The Magdalene Group

Detailed Statement of Financial Activities
for the Year Ended 31 August 2024
Management
Finance
Bank charges
Other
Professional fees
Governance costs
Accountancy fees
Total resources expended
Net (expenditure)/income		 2024
£
481
25,624
979
419,734
(10,790)		 2023
£
493
33,109
2,612
419,441
13,277

This page does not form part of the statutory financial statements

Page 20