Charity regist¥ation number.. 1183300 Phoenix Women's Aid Trustees, Report and Financial Stalemernls for the Year Ended 31 Detsmber 2024
Phoenix Women's Aid Contents Reference and Adminislralive Details Trustees, Report 2109 Slalemenl of Truslegs, Responsibilities 10 Independent Auditors. Report 11to14 Slalemenl of Financial Activities Ba12nce Sheet 16 statement ol C8sh Flows Notes lo the Financial Slalemenls 181032
Phoonix Women's Aid Reference and Administrative Details Trustees Mr Alan Elvidge Miss Hayley Cartwright Ms Jane Cartwright Mr8 Zsbida Rashid Senlor Management Ms Vesta Ryng Charlty reglstration number 1183300 Reglstered OffiGe 12 - 13 Priory Place Doncaster South Yorkshire DN1 1BL Audltor awsons Chartered Accounlanls 5 Sidings Court Whil& Rose Way Doncaster South Yorkshire DN4 5NU Bankers The Co-op Bank Cooperative Bank PIG, 31 St. Sepulchre Gale Doncaster South Yorkshire. DN1 1TD HSBC Doncaster 1 High Strèet Doncaster South Yorkshire DN1 1EE Page 1
Phoenix Women's Aid Trustees. Annual Report For the year ended 31 December 2024 The TrLFslees present their report and the audited financial slalemen15 of the charity for th8 year ended 31 D8cember 2024. The financial slalemenls have been prepad in accordance with the accoLtnling policies sel out i notes lo the accounts and comply with the charity's governing document, the Charities Act 2011 and AccoLJnling and Reporting by Charities.. Slalemenl of Recommended Praelice applicable lo charities preparing their accounts in a¢o)rdance with the Financial Reportlng Standard applicable in thè UK and Republic ol Ir&land publish8d in October 2019 Trustees of the charity The directors ol the charitsble company are ils Iruslees lor the purposes ol charity law. The trustees who have served during the year and since the year end were as follows.. Mr Alan Elvidge Miss Hayley Cartwright Ms Jane Cartwright Mrs Z8bida Rashid Objective5 and activities Objects and alms The Object of the charity is lo piomole the prote¢lion ol victims and survivors who have suffered from or are expo8ed to Domestic Violenc8 2nd Abuse by such means a8 are ¢haritablo includin9 tt nol limited to. the preservation and protection of their mental and physicol health. the relief of need and the advancement of education concerning Domest4'c Violence and Abusa. Services are delivered in order to meet the needs of victims and survivors of DomestiG Violence and Abuse as defined in the Domestic Abuse Act 2021, commilled by one person 8gainsl another who are personally connected anLI any child personally conn¢cled that sees, hears or experiences the abuse, defined as.. al Physical or sexual abuse., b) Violent or threatening behaviour., cl Controlling or coercive behaviour.. I Psychological, emotional, or other abuse. This definition of abuse also includes Honour Based Violence, Forced Marriage and Female Genital Mulilalion. Page 2
Phoenix Women's Aid Trustees. Annual Report (continued) For the year ended 31 December 2024 ObjeGtives, slroteglgs and aciivities The main activities undertaken by the Charily in relation lo our Obje¢l and for public benefit indude the following provi&ons for vicb'ms and survivors fleeing or living wlh Domestic Vidence and Abuse,. Comrnunily based servi5 including the helpline. emotional and practical advice 8nd support as well as awareness raisiro courses with re9ards to Domestic Violence and the Freedom Programme., Confid8nlial safe and sUPPOrtive emergency and dispersed accommodation., subsisten for deslilule victims fleeing Domesli¢ Violence and Abuse have no iecourse lo public funds., Immigration advice and support frir deslilule victims wlh no recourse lo public funds- Counselling and therapeutic SLJPPOrt including an annual trip lo the c08sI', Volunteering opporlunilies, management, co-ordination, and support". Partnership working to promote the needs and voice of our beneficiaries with external agencies as well as inform and improve our working practice., Working with survivors lo build 8 nelwork of Domesllc Abuse Peers lo support each other and raise awareness of the Domestic Abuse and the provision available lo victims needing to help.. Provlding opportunities for survivors accessing seNices lo conliibLFle to the rurnning of the charity lo build Ihe¢r confidence, self-esteem and self-wiyth. PtrK)enix Women's Aid referrals access diflerenl services across the organisalion, this includes refuge, counselling. peer SUPPDrt. practical and emotional support. Referrals are defined as victims, survivors, beneficiaries and include women, men. LGBTQ+ and family which comprises of children, young persons and farnily pets. Referrals come from external statutory or voluntary ageneies as w811 as ernployero snd by word of mouth. Public benefit Th@ activities desciibed above. and achievements and future plans outlined elsewhere in this report deliver positivè change lo a large number of people and lo the cornmunily in general. and thus deliver public benefit. The Iruslees Confirm that they have complied wth the requirements of sertion 17 of the Chaiilie5 Act 2011 to hav8 due regard to the public benefit guidance publish8d by the Charity Commission for England and Wales. Page 3
Phoenix Women's Aid Trustees. Annual Report (continued} For the year ended 31 December 2024 Achlevements and Performan¢& Phoenix continues lo deliver frontsin8 servic8s and respond to crisis and longer-term support. Tg support the suslainabilily of the charity with the generating of unreslcicled income lo develop services and meet beneficiary need. Our premises on Priory Plac8 continue lo be wholly dedicated lo a sale community space with drop in. iherapeutio suppgrt and activities lor use respectively by women and girts and men and boys. The Charity's fDCUS during 2024, has been lo continue to develop its inlraslru¢tUfe and increase the org8nisalion's capacity lo generate unreslricled funding lo support Ine 5uslainability and development ol frontline services. This includes taking steps to purchase Freèhold, the 24 St. Sepulehre Gale Charily Shop aNJ bringing this income generating asset into the charity. These negotiations are ongoing. The Charity continues lo receive support and CDllaboralion of Colbum Services, Highlander, Wayv, IT Works, Active Copier Systems Ltd. Doncaster Council and the dedication of the Phoenix team. The financial burden on the charity conlinues lo impact on our funds wth gard$ lo providing support and accommodation lo deslilule victims wth no recourse lo public funds Increasing our income lo support growlh, suslain provision, increase capacity and continue lo meet client need Gonlinues lo be a priority. Amazon continue to support our Charity in these ende2vours with donations of goods for the charity's office arKJ refuge use as well as to sell in Ihe Charily Shops, ofien on a weekly basis, during 2024. Don¢aslcr City Council an*J Ihcir Housing B¢nclil Tcam conlinuc to support victims in refuge with rents and support cos15. Although the viability of social housing registration woukl financially itllpacl the Charity and the fact Ihal the Charily is a small concern in comparison lo the 18ryer housing associations that access regis1181ion, Phoenix is still working towards achieving this regislralion. We continue lo facllllale Inspeetions to our properties, which during 2024 include SHIP and Licensing. Phoenix Women's Ald professlonal memberships continue. IT Works provldes the monitoring tool that facililales quanlilalive and quali181ive (kla collection. The external case file review planned for 2024, wll be undertaken in the first and second quarters of 2026. This file review that will provide an insight as lo the robustness of this syslem. for LKlh the charity and exteinal stakeholders, whilst ensuring the anonymity of our service beneficiaries The Children and Young Peoples Iherapeulic space for families living with or fleeing from Domestic Violence and Abuse was created with facilities that Inc1Je a group cinemali¢ experience space. Volunteering opportunities al Phoenix Women's Aid include counselling placements, charity shop volunleeis and peer sUPW)rt. Many of our volunleers are survivors ol Domestic Violence and Abuse and volunteer as part of wanting 'to give back,, socialise with others, gain new skills as well as develop their existing ski118, iwnprove language aGquisilion and help boost confidence ancl se1f-Wth. The Resident's Commlllee Is going well. This group meets quarterly and includes discussions about the annual trips, social housing requirernenls, health and safely. publicity. volLJnleèr opportunities, income generation. Page 4
Phoenix Women's Aid Trustees, Annual Report (continued) For the year 8nded 31 December 2024 Trustees express their recognilion of the workers and volunteers who continue lo go over and above lo ensure our clients and iesidenls needs are mel, as we continue lo operate fully, frontline, responding lo referrals lo refuge whilst ensuri face lo face as well as remote a¢$$ lo our communily-based serviGes. Durillg thi5 period, there were 18 employees and 32 volunl8eis Income generation has increased significanlty both in terms of rèserves, festricled and unreslricled funds bul so has expenditure. The need lo acquire mole leased property with the wailing lists we have for refuge and lo increase ¢apaaty to meet demand requires a constant review of potential income streams. We are fortunale lo continue lo receive publie support either finaneially or with donated goods or services, lo assist th the needs of iesidenls in refuge and in the community This ilUdeS the following". - Community Fund., Amazon Doncaster., IKEA Ooncasler., - Screwfix., UK Visas and Immigration evisa Grant Funding., Doncaster City Council., Individual Donators,. Local Business and Organisalions., Our Charity shops which include the newly acquiied lease for 30 Printing Office Street las 3 Furniture Charity Shopl and 24 St. gÈpulchre Cate (Charity Super3torel. are not only vital to the generation of unreslricled income, they also facililale our conlinueof awareness raising of Domèstic Abuse wlh information displayed about the charity wlh staff 8nd volunteers able lo wovide cuslomeis with a knedgeable explanation of the work we undertake. The Charity shops also provide front facing access lo services for victims and survivors seeking help. Additionally, these shops store and provide goods irb crisis lo deslilute clients. opportunitie5 lor clients lo gel involved wth the charity's activities and promote their soci81 snd personal well-being, if they wish to do this as well as the recycling of furnilure and goods foi enviionmenlal sustainability. Page 5
Phoenix Women's Aid Trustees. Annual Report (continued) For the year ended 31 December 2024 Financial review Pollcy on reserves As al 31 Oecembei 2024. the lolal reserves cariied forward 8m(KJnled lo £214,977, all of which are unreslricled. The Iruslees have reviewed the chaiily's reserves policy and identified the IDllowng requirements." Meet conlraclual liabilities should the organisalion have lo dose. This includes redundancy pay, amounls due lo creditors and commitments under leases eg mobile phones, rents, professional seNces To meet unexpected costs like break down of essential office machiDery, staff Gover re illness, maternity leave, parental leave, and legal c0515 defending the company's interest_ This includes aulhorised $18ff cover payments for sickness and holKJays. To repla equipment as il wears out. To allow some independence from housing revenue account and the Community Fund and provide services lo our Clien15 With nD reGourse lo public funds. To provicfe working capital when funding is still pending. From lime-lo-time funding has certain re51riGlions which means that by law il musl be held in a restrictèd reservès until il is spent in line with the funding agreement. -To cover any pension deficits of OLW Pension provider. Principle funding sources As noted elsewhere in the financial sl8lemenls the charivs prinapal funding sources are.. rental and other inci)me from the l@Iling of property lo beneficiaries charity trading income from the sale ol donated goods via the charity's shop grant income- which during the year was mainly from DMBC Cornmunily Hub grants. A prudent level of reserves 11 Redundancies with one month's notice. Twslees need lo age a redundancy cap benchmarked with Government practice and In discussion wlh Accounlanl. 21 Rents, lease commitments 8nd other operating costs Unrestricted Funds Unreslricled Funds are funds the charity receivès to further ils objects. These funds can be donations, grants or fees earned. Subject lo the Reserves Policy, Ihe MD and Trustees can consider funding other charity priorilies not addresseé within Ihe budgeting plan. Page e
Phoenlx Women's Ald Trustees, Annual Report {continued) For the year ended 31 December 2024 Restricted Funds Restricted funds represenl income received for specific charil?bl? purposes ?s determined by the grant provider. These fun015 ale used solely lo support the charitls activities in line with the lerms of the funding. During the year, restricted income was applied towards the charily's activities arbd projects, and the funds receive(I were fully ulilised for their intended purposes. Pension Liabilities 11 is our understsnding that when an employer withdraws from a pension scheme which is in deficil. the employer is required by18w lo pay ils share of the deficit, calculated on 3 slalutory basis. the maximum cost ol liabilities is to k)e determined and added lo our costs of closure. Monitoring and reviewnu of serveS policy The Iruslees will consider current costs of closure and examine the level of reserves each year when setting the following years budget. This reserves policy will be reviewed by th& Trustees, annvally Plans for futuro periods Alms and key objeetlvès forfuture perlods 1. Continue to InGrease income lo support growth, suslain Curienl provision, increase capacity and continuc to meet client need., 2. Continue lo strengthen our recording and reporting systems lo meet keep pa¢e with the Charity's growth and evolving needs., 3. Vvork lowaids Sourcing an accountant that support our charity's sEcuring our Social Landlord's Licenc6 and membership ol professional bodies that support our Charity Objects and aclivilies., 4. Facili181e survivor's produclion of art and creative writin9 lo display al Phoenix Survivors artwork and creative wriling al the Charity's first Art exhibition and survivors. artwork and creative writsng 5. Continue to SUPPDrt survivors accessing opportunities for volunteering with our charily," 6. Review membership of the Trustee Board wilh the aim ol increasing membership and the recruilmènl of a resident representative to the Board., 7. Continue IAA registration and review the afforclability of a fully operational legal department within the charity", 8. Review and update policies and procedures.. 9. Work towards purchasing 24 Sl Sepulchre Gale Charity Shop as a key income generator and bringing an asset into Ihe charity thal will support the charity's sustainability and service development and delivery., 10. Continue with the pro11 delivery funded by the Community Fund, evisa and the Local Aulhorily Oomesli¢ Abuse HUB. SlruGture, governance and management Nature of governing document The organisalion is operated under the rules of ils Constitution whith was adopted on the 8th May 2019. Page 7
Phoenix Women's Aid Trustees. Annual Report {continued) For the year ended 31 December 2024 Recruitmènt and appointment of trustees Phoenix Women's Aid is run by a board of Trustees who deleg8le SponsIbl11ty lo the Managing Director foi the opeialional and strategic management ol the operation. The M8n8ging Direelor Is supported and advised in this role by external consultanls who are specialists and experienced in IheiT field. This includes HR. Accounts, Communication Systems and Property Managemenl. The Icuslees regularly review the composition of the board and recruil new Iruslees in the light ol skills and experience required ané available. Tru51ees ale appointed by the existing board The Iruslees regularly review the CDmpositiDn of the b02rd and recrLJiI new Iruslees in thè light of skills and experience required and available. Trustees are appointed by the existing board. Induction and tralnlng of trustees Trustees rality all poliaes and procedures and receive these as part of their induction and training when appointed. Induction and Training include illleinal Dome51iG Abuse Training (Champions Against Domestic Abusè), pèriodic training SOurceS with regarQs lo the field of Domeslic VlenCe and Abuse, Charity Commission emails, the CC3 and Charity Trustee Welcome Pack as well as an annual review of these documents. Arrangements lor seiting key management personnel remuneratlon The managing csireclor is the key management personnel of the charity. The remuneration of key management personnel is determined by the board ol Iruslees following an annual salary review whith lakos into account inflation, performan, responsibility and the organisations cornmilmenl lo maintaining an equit8ble pay structure. Organisational structur The organisalion operates as a Charitable Incorporated Organisation (CIO) registered on the 8th May 2019 with the Charity Commission. Prior lo this the organisation operatecl as a consliluled group sel up on the 23rd May 2016. The organisalion is govèrned by a 8oard of Trustees. who determine slralegic direGlion and policy. The day.lo-day opeialion is carried out by the managIr Dir@clor who has delegated authority and operates under the rules ol the Charity's Constilulion, adopted on the 8th May 2019. Responsibility for the Charity is Mlh the Board of Truslees wth ddegated authority lo the Managing Director. The organi5alion is structured hierarchical wilh the Managing Dlreclor supported by department leads with consultslion and collabor81ion al the centre ol delivery. al all levels. Page 8
Phoenix Women's Aid Trustees. Annual Report (continued) For the year ended 31 December 2024 Relationshlps wlth rolated parties Related parties, volunteers and others The organisalion would not be viable wilhoul th@ dedication of ils staff volunleers as well as the consullanls that advise. the contractors that carry out work whi151 sensitive lo the nature of our work and the many organisalions and members ol the public that support our activities and provide guidanGe. This inGludes our landlords, letting agents, slalulory bodies, individuals organisalions that donate goods, services or funds lo support our work. The Trustees lake this opportunity to thank all the individuals and organisalions thal support the work of the charity and the beneficiaries we setve. We continue lo work with other slalulory and voluntary agencies as part of our frontline delivery with rarlI5 lo accessing timely sUPPOrt for the clien15 and residents we serve. Alajor rlsks and management olthose rlsks The Trustees acknowledge their duly lo identify and review the risks lo which the Chalily is exposed and lo ensure appropriate controls arè in place to mitigalè or eliminate risk thus providing reasonable assurance against fraud and error and meet legislative requirements with regards to general operations. Risk Management is ongoing at all levels of the organisation, wilh delegated 8ulhority given the Managing Director who has over 30 years, experien¢e in the lield of Health and Safely, a mernber of the International Inslilvle of Risk and Safety Management IIIRSMI with business experience al board level for over 14 years The Managing Director is supported by Colbutn Servi5 regards lo HR and financial mallers and advice from third party organisalions with refeienee Its governm8nl guidance is sought, wh8re needed. The annual report was approved by the lluslees of the charily on behalf by, and signed on ils Jane Cartwrig Trustee Page 9
Phoenix Women's Aid statement of Truste8s' Responsibilities The trustees ar8 r8sponsible for preparing the Iruslees, ieport and the financial slalemenls in accordan with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable lo Charities requires the Iruslees lo prepare financial statements for esch financial year which give a true and fair view of the slate of affairs of the ¢harily and ol the incoming fe50urces and application ol iesourGes of the charity for that period. In preparing these financial slalements, the Iruslees are required lo.. se11 suitable accounting policies ar apply them consistently, observe the m&thods and principles in the charle$ SORP, 2019 IFRS102)', make judgements and estimates Ihal afe reasonable and prudent., slatè whether applicable accounting standards. have been followed, subject lo any rnat8rial departures disclosed and eXaIned in the financial slatem8nts', and prepare the financial slalemenls on the going concern basis unless il Is inappropriate lo presume that the charity will continue on that basis, The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any lime the financial position of the charity and enable them lo ensure that the financial slalemenls comply with the Charities Act 2011, Ihè Charities (Accounts and Reports) Regulations 2008. and the provisions of the conslilulion. The Iruslees are also responsible for safeguarding the a5sèls of the charity and hence for taking reasonable steps for the preveNion and detection ol fraud and other irregul?rilies. The Iruslees ale reswnsible the maintenance and integrity of the corporate and financial informatlon Included on the Charitable company's Wèbsiie. Legislation governing the preparation and (Jisseminalion of financial slalements may diffei from legislation in other jurisdictions Approved by the Iruslees of the charity on .r If and signed on ils behalf by.. e Cartwrigh Trustee Page 10
Phoenix Women's Ald Independent Auditor's Report to the Members of Phoenix Women's Aid For the year ended 31 December 2024 Opinion We have audited the financial slalemenls of Phoenix Women's Aid Ilhe 'charily'l for the year ended 31 December 2024, which Gompiise the Slalemenl of Financial Aclivilies, Balance Sheet, Slalemenl ol Cash Flows, and Notes to the Financial Slalemenls, including a sumfflaiy of significant accounting policies, The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland Iuniled Kiwdom Generally knepled Accounting Praclicel. In oui opinion the financial slalemenls.. give a true and fair view of the stale of the charitys affairs as al 31 December 2024 and ol its incoming resources and application of resources, ineluding ils income and expenclilure. lor the year then ended. have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Praclice,. and have been prepared in accordance with the requirements of the Charities Act 2011 Bas15 for oplnlo We conducted our audit in accordance wlh Inleinalional Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities undec those standards are further described in the AudilDr's responsibilities for the audit of the financial slalemenls section of our réport We are independent of the charity in accordance wilh the ethical requirements Ihal are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Slandaid, and we have fulfilled our other ethical responsltrllllles In accordance vAth these requirements. Vve believe Ihat the audit evidence we havè obtained is sufficienl and appropriate lo provide a basis for our opinion. Page 11
Phoenix Women's Ald Independent Auditorfs Report to the Members of Phoenix Women's Aid {¢ontinued) For the year ended 31 December 2024 Conclusions relatlng to going concern In auditing the Iinancial stalemenls. we have GonGludeof that the IIu51ees use ol the g(Mng concern basis of 8ccounling in the preparation of the financial s181emenls is appropriate. Based on the work we have performed, we have n(A identified any material uncertainties relating to events or conditions that, individually or collectively, may casl significant doubl on the charitable company's ?bility lo ¢ontir)ue as a going concern for a period of al least e1Ve months from when the original financial slalemenls were authorised for issue. Our responsibililies and the responsibilities of the Iruslees with Spect lo gDillg Concern ale described in the relevant sections ol this report other informallon The olhei information compfises the Information Included In the trustees, annual report. other than the financial slalemenls and our 8udilor's report Ihereon. The Irusleès are responsible for the other information contained within the annual report. Our opinion on the finanaal slalements does not cover the other information and, except lo the exlenl otherwise explially statecl in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other Information and. in doing so, consider whether the other inlNm81ion is matèrially inconsislenl with Ihe fina181 $181emenls or our knowledge obtained in the course of the avdil or otherwise appears lo be materially misslaled. If we identify such material inconsistencies (M apparent material misstatements, we are required lo determine whether this gives rise lo a material misstalemenl in the IinanGial slalemenls themselves. If, based on the work we have performell, we conclude that there is a material misslalemenl of this other Information, we are required lo report that fact. We have nothing lo report in this regard. Matlèrs on whlch we are requlred to report by exception We have nothing lo report in respect of the following matters where the Charities Act 2011 qUireS US lo report lo you if, in our opinion". the information given in the truslees, report is inconsistent in any material respect with the financial stalemenls., or Sufficienl accounting records have not been kepl.. or certain disclosures of Iruslees Muneration specified by law are not made., or we have not received all the information and explanations we require for our audil. Responslbllltles of trustees As explained more fvjlly in the Slalemenl of Trustees, Responsibililies sel out on page 10, the Iruslees (who are also Ihe directors of the charity for the purposes of company lawl 8re reswnsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fail view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial slalemenls that are free from material misslalemenl, whether clue to fraud or eiior. In preparing the financial slalemenls, the Iruslees are responsible lor assessing the ¢harills gbilily lo continue as a going concein, disclosing, as applicable, mallers related to going conc8rn and using the going concern basis ol accounting unless the Iiuslees either intend lo liquidate the charity or lo Cease operab'ons, or have no realistic allernalive but lo do so. Page 12
Phoenix Women's Aid Independent Auditorfs Report to the Members of Phoenix Women's Aid (continued) For Ihe year ended 31 December 2024 Auditor responsibilities for Ihg audlt of the financial statements We have been appointed audiloi Und the sectson 144 of the Charities Act 2011 and report in accoidance with this Act and relevant regulalions made or having 8ny effect Ihereunder. Our objectives are to obtain reasonable assurance about whelhei the financial statements as a whole are free from material misstalemenl, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Re£sonable assurance is a high level of assurance, but is not a guarantee that an audit Gonducled in accordance with ISAS (UK} will always detect a materiel mi5slalemenl hen il exists Misslalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could r@a50nably be exp&cled lo influence the economic decisons of users taken on the basi$ of these linanci?I slalemenls. The ext1 to which our pr¢tsdures are capable of detecting irregularities, including fraud is dtslailed below". Irregularities, including fraud, aré instances of non-compliance with Iws and regulation5. We design procedures in line wlh our respons1"1111e$, outlined above, lo delecl material miss181emenls in respect of irregularities, including fraLJd. The exlenl lo which our procedures are capable of delectsng irregularities. including fraud is detailed below.. Audit procedures p8rformed by thè engagement team included.. Discussions with manageffienl and those responsible for legal compliance procedures wlhin the charity to obtain an understanding of the legal and regulatory framewoik applicable lo the charity and how the charily complies with that framework, including Consideration of known or suspected instances of non-compliance with laws and regulatigns and fraud., 1denlifyt.ng and assessing the design effectiveness of controls th81 management has in place lo prevent and delecl fraud and non-compliance with laws and regulations", Challenging assumptions and judgements made by management in their signifi¢anl aGcounling eslimales. Identifying and lesling journal entre$, In partlcular any journal entries posted with unusual account combinations or posled by senior management. There are inherent limitations In the audll procedures described above and the tT70re removed non-cornpli8n¢e wlh laws and regulations is Iiom the events and transactions reflected in the financial statements, the less likely we are lo become aw8re of It. Also. the risk ol not detecting a mal@rial misslalemenl due lo fraué Is higher than the iisk of not detecting one resulting fiom error. as fraud may involve deliberate concealment by, for example, forgery or iNlenlional mi5represlatlon$, Of through collusion. A further description ol our responsibilities is available on the Financial Reporting Council's website al www.frc.or9.uklaudilor&laudit-29surancelauditor-s-responsibililie>for-the-audil-ol-the-filrJesGriplion.of -Ihe-audilor's-responsibililies-for. This description form5 part of our auditor's report Other matters whlch wè are requlred to address The comparative figures fof the yeai ended 31 DeGember 2023 were not audited Page 13
Phoenix Women's Aid Independent Auditorfs Report to the Members of Phoenix Women's Aid (continued) For the year ended 31 December 2024 Use of our rfrport This report 15 tllade solely to the ¢harily's trustees, as a body. in accordance with Part 4 of the Charilies (Accounts and reports) regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's Iruslees those mallers we are iequiied lo stale lo them in an audilorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and ils Iiuslees as a body, for our audit work, foi this report, or for the opinii)ns we have formed. Daniel Wood Isenior Stalulory Audilorl For and on behalf of Haw50ns Chartered Accounlanls, Slalutory Auditor 5 Sidings Court While Rose Way Doncaster South Yorkshire DN4 5NU 3011012025 Date.. Page 14
Phoenlx Women's Aid Statement of Financial Activities for the Year Ended 31 December 2024 Unrestricted funds Restrlcted funds Total 2024 (Unaudited) As Rèstated Total 2023 Note Income and endowments from: DonalitJ)s and legacies Charitable activities Other trading adivilies Other income 62,254 630,393 365,982 104,720 166,974 630,393 365,982 178,615 572,075 244,212 31 Total income 1,058,640 104.720 1,183,360 994,933 Resources expended Raising funds Charitable activities 168,3141 864.6491 932,963 168,314) 11,015,373) 161,8581 1854,891 1150.7241 Total expenditure 1150,7241 11.083,6871 1916,7491 Nel incorning resourceslloutgoing resources) Transfers be¢en fun¢Js 125,677 16,8271 146.0041 6,827 79,673 78.184 Net movement in funds 118,850 139,1771 79,673 78,184 Ron¢ll1at1Qn of fund$ TL)lal funds brought forward {As restaledl 96,127 214,977 39,177 135,304 57,120 Total funds carried forward 21 214,977 135,304 All ol the Chaiitable Gompany's activities derive from continuing Dperalions during the ave two periods. The Slalemenl of Financial Activities includes all gains and losses recognised in the year. income and expenditure d@rive from continuing aclivilies. The notes on pages 1810 32 form an inlegral part of these financial slalemenls. Page 15
Phoenix Women's Aid (Registration number: 1183300) Balance Sheet as at 31 December 2024 2024 {Unaudited) As Restated 2023 Note Fixed assets Tangible assets 14 43,647 38.810 Currènt assets Debtors Cash al bank and in hand 50,875 191,718 242.593 7.965 128,908 16 136,873 Credltor5.' Arnounts falling due wlthln one year 71,2631 40,379 Net Current assets 171,330 96,494 Nel assets 214.977 135,304 Charlty funds Rostrlcted Income funds Reslrided funds 39,177 Unréstrictad income funds Unrestrlcted funQs 214.977 Totsl charity funds 21 214,977 135,304 The financi81 $18lemenls on pages 15 10 32 were approved by the trustees, and aulhoiised fof issue on.14I.In¥i5 and signed on their behalf by ne Cartwri¥ht_ Trustee The notes on pages 18 to 32 form an Integral parl of these financial sialemenls. Page 16
Phoenix Women'5 Aid Statement of Cash Flows for the Year Ended 31 December 2024 2024 Iunaudltedl As Restated 2023 Note Cash flows from opèrating activllles Nel cash income 79.673 78,184 Adjustments to cash flows from non.cash items Depreciation Donated capital and capital grants 12,070 8,5r 12,979 83,237 91,163 Working capltal adlustmenls Increase in debtors Increase in creditors 15 17 149.199) 37,172 12.5991 20,453 Nel cash flows from operating activities Cash flows from Investing activities Acquisitions ol tan9ibla assets Proceeds from sale of tangible assets 71,210 109,017 18,4001 117.850} 500 Nel cash flows from invèsting activities (8.4001 {17,3501 Net increase in cash and Gash equivalente 62,810 91.687 Cash and cash equivalents al 1 January Cash and cash equivalents a131 December 128,908 37,241 191,718 128,908 All of th8 cash Ilows are derived from continuing operations duiing the above Iwo periods. The notes on pages 18 10 32 form an integral part of these financial slalemenls. Page 17
Phoenix Women's Aid Notes to the Flnanclal Statements for the Year Ended 31 December 2024 1 Accountlng pollcles The following accountiro policiés have been used consistently in dealing with ilems which are considered material to the charitable company's affairs. statement of compllanc• The financial slalemenls have been prepared in accordance wrth Accounting and Reporting by Clkiilies.. Slalemenl of Recommended Piaclice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Iieland IFRS 10211 (issued in OGtobw 20191 (Charities SORP IFRS 10211, the Financial Reporting Standard 8ppli¢able in the UK and Republic of Ireland IFRS 1021 and the Gornpanies Act 2006. Basis of preparation Phoenix Women's A'd meets the definition of a public benefit enlily under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless olhetWi5e slated in the relevant accounting policy nol8S. The financial slalements are prepared in slerling, which is the functional currency of the chaiily. Going concern The Iruslees con&der that there a no material UllGertainlies about the charills a'litY to contintje as 8 Ing concèrn. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires managem8nt to mak@ jucfgements, estimatès and 8ssumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, inclLJdiTrJ expectations of future events that 8re belteved lo be reasonable under the cireumslances. The nature ol eslimalion means that the outcomes could differ from those e51imales. The most signilicanl area Df eslimalion uncertainty for the eharily is in re181ion lo the useful economie life of the fixed assets. Income and endowments Voluntary income including Llonalions, gifLs, legacies and grants that provide core funding or are of a geneial nature is recognised when the Charity has enlillemenl lo the income, il is probable that the income will be received and the amount can be measured with sufficient reliability. Donations andlegacies Donations and legacies are recognis8d on a receiv8ble basis when receipt is probable and the amount can be reliably measurecl. Grants receivable Grants are recognised when the charily has an entitlement to the ILJnds and any nditiOnS linked lo the grants have been met Where performance nditionS are allached lo the grant and are yel lo be mel, the income is recognised as a liability and included on the balance sheet as deferied Income to be released. The notes on pages 18 10 32 forrn an integral part DI these financial stalemenls. Page 18
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 l¢ontinued) 1 Accountlng pollcles Icontlnuedl Donated 5erYices and facilities On receipt, donated services and facilities are recognised on the basis of the value of the gift lo the charity which is delermined as the amount the charity would have been willing lo pay lo obtain services or facilities of equivalent economic benefit on the open mathel., a corresponding amount is recognised as expenditure in the period of reeeipt. The charity benefits from 8 significant amount of volunteer lime. In acclance wilh the Chaiilies SORP {FRS1021, the value of voluntee¥ lime is not recognised in th& financial slalemenls. Other trading actlvltles Inwme from goods donated for sale in the charity's shops is recognised al the Foinl ol sale. As a resuS1 ol the high volLJme of low value donated goods received by the charity, the cost of recognising these items al fair value gn receipt would outweigh Ihe benefit ol recognising them in the financial slalemenls. Expondlturg All expenditure is recognised once there is a leg81 or constructive obligation lo that expenditure, it IS probable selllemenl Is requifecl and the amount can be measured reliably. Wl costs are allocated lo the applicable expenditure heading that aggregate similar costs lo Ihal calegory Where costs cannot be directly allribuled lo particular headings Ihey have been allo¢aled on a basis consislenl with the use of lesou15, with Genlral staff costs allocated on the basis 01 lime sp8nl. and depreciation charges allocated on the wrtion of the asset's use. Other support costs are allocated based on estimated usage. Ralslng funds These are costs incuried in allracling voluntary incorne and Iradtiig activities that raisè funds, including the Cosls of oper?ling Ihe charity's shops, Charitable activiti05 Charitable expenditure comprises those costs incuired by the charitable Company in th8 delivery of Ils activities and sèrvices for ils b@nefi¢iaries 11 includes both costs that Can be allocated direclly to suGh activities and those costs of an Indirect nature necessary lo support them. Support costs Support Cosls indude ale those functions which assist Ihe work of the charity bul do ntsl directly undertake charitable activities, including admin costs, finance, IT, governance costs and other central functions and have been allocated lo activity cost categories on a basis Gonsislenl with the use of résources. for example, allocating staff costs by the lime spent and other costs by their usage. Governance Gosts Thèse include the costs allribLrtable to the eharity's eompliance wilh constilulional and slalulory requirements, Including preparation of slalulory accounls, independent examinalion and other services provided by the independent examiner. and Iruslees meetings and reimbursed expenses. The notes on pages 18 to 32 foim an integral part Df these financial slatemenls. Page 19
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 1 Accountlng pollcles Iconllnuedl Government grants Government grants are recognised based on the performance rnodel and ar& mèasured at the fair value of the asset recèived or receivable Gr8nls are Classifièd as relating either to revenue or lo assets. Grants relating lo revenue are recognised in income In the period in which the charity has entillemenl lo the income and any performance conditions have bèen mel. Grants relating lo assets are rewgnised in full when there Is unconéilional enlillemenl lo the grar)l. Taxation The charity is considered Its pass the lesls set oul in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK corporation lax purposes. Accordingly, the charitable company is potentially exempl from 18xalion in respect of Income or capital gain5 received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the exlenl that such Income or gains are applied exclusively lo charitable purposes. Tanglble flxed assets Individual fixed assels costing £500.00 or more are initially recorded al cost. Depreclatlon and amortlsatlon Depreciation 15 provided on tangible fixed assets se as to write off the cost or valuation, less any estimated residual value. over their expected useful economic life as follows. Asset clags Motor Vehicles Furniture and equirMn8nt Trade debtors Trade deblois are amounts due frorn customers for merchandise sold or services perfoirned in the ordinary course of business. O&pr8ciation method and rate 25% Reducing balance 25% Re(Sucing balance Trade debtors are recognised initially al the Iransadion price. They are subsequently mèasured al amortised cost using the effective interest rnelhod, less provision fDr impaifmenl. A provision for the Impairment of trade debtois is established when there is objective evidence that the chari18ble company wlll not be able lo colleel all amounts due according lo the original terms of the re1VableS. Prepayments are valued al the amount prepayed. Cash and cash equlvalents Cash and cash equivalents MpriSe cash on hand and call deposits. ?nd other short-lerm highly liquid inveslmenls Ihal are readily convertible lo a known atnounl of cash and are subject lo an insignificant risk of change in value The notes on page5 18 to 32 form an integral part of these financial 51alemenls. Page 2CI
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 1 Accounting policies Iconllnuedl Trade credltors Creditors and provisons are re¢ognised when there is an obligalion al the balance sheet dale as a result of a past event, il is probable that a Icansfer of eeonomic benefit will be required in 5elllemenl, and the amount ol the selllemenl can be estimated reliably. Creditors and provisions are normally recognised al theii selllemenl amount. Tiade creditors are obligations lo pay lor goods or services that have been acquired in the ordinary course of business from suppliers. Acctsunls payable are classified as current liabilities if the charity does not have an unconditional right, al the end ef the reporting period. lo defer selllemenl of the creditor for at least twelve months aftei the ieporting dale. If there 15 an unconditional right lo dèfer selllement for al least twelve months 8fler the reporting dale. they are presented as non.currenl Fund structure Unrestricted income funds are general funds Ihal ale available for use at the trustees discretion in furtherance of the objectives gf the charity. Restiicled income hJnd$ 8re those donated for use in a particular area or for specific purposes. the use of which is restricted lo Ihal area or purpose. Penslons and other post rètirement obllgatlons The charity operates a defined conlribulion pension scheme which Is a pension pl8n under which fixed Contributions ale paid into a pension fijnd and the charity has no legal or Constructive obligation to pay further contributions even if the fund does r1 hold sufficient assets lo pay all emloyees the benefits relating lo ewnployee service in the current and prior periods_ Contributions lo defined contiibulion plans afe recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for servicè, the excess is recognised as a prepayment. Financial Instruments Classification The charily only has financ4al assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially reeognised al transaction value and subsequently measured al Iheir selllemenl value with the exception ol bank loans which are subsequently measLJred al amortised cost using the effective Inleresl melhod. The charity does not Gurrenlly hav8 any bank loans. Operating leases Rental income and Charges are recognised M a straighl-line basis over the term ol ihe lease. Charily status Phoenix Women's Aicl is a Charitable Incorpoialed Organisalion registered in Enoland and Wales ICE0174171 on 8 May 2019 and is a iegislered ¢harity111833001. The notes on pages 18 to 32 form an integral part of Ihesg financial slalemenl5. Page 21
Phoenlx Women's Ald Notes to the Financial Statements for the Year Ended 31 December 2024 {conlinued) 2 Income from donatlons and lègacSes Iunauditedl As restated Totsl 2023 Unrestrfcted Funds Restrlcteii funds Totsl 2024 Donations 2nd legacies., Donations froffl individuals Community fund evisa Active Therapy Domestic Abuse Hub Screwfix Foundation Dont be alone at Chiislmas Amazon 62.254 62.254 88,332 11,483 999 2,906 35,573 137,042 88.332 11.483 999 2.906 5,000 1,000 1.000 1,000 62,254 104,720 166,974 178,615 3 Income from charitable actlvltles Iunaiidltod) As restated Total 2023 UnrestrictÈd funds Totsl 2024 Supporting victims of domestic abus8 830,393 63CI,393 572.075 4 Income from other tradlng actlvltles Iunauditedl As restatèd Total 2023 Unrestrieled funds Total funds Trading income., Shop income from sale of donated goods and services 365.982 365,982 244.212 365.982 365,982 244.212 The notes Dn pages 18 10 32 form an integral part of these financial slal&menls. Page 22
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 {continued) 5 Other Income Iunauditedl As restated Total funds Unrestrlcted funds Other incorne Total for 2024 Total for 2023 31 31 6 Expendllure on ralslng funds al Costs of tradlng activities Iunaudltedl As restated Total 2023 Unrestrlcted funds Total 2024 Note Fundraisillg ttading costs,. fundraising Rent and rates Light, heal and utilities Repairs and maintenance 6,531 52,833 6,232 2,718 6,531 52,833 6,232 2,718 2,879 47,751 10,887 341 68,314 68,314 81,858 The notes on e$ 18 10 32 form an integral part of these financial slalemenls. Page 23
Phoenix Women's Aid Notes to the FinanGtal Statements for the Year Ended 31 December 2024 {continued> 7 Expendltur& on charltable actlvltles Unreslricted funds Restricted funds Tot41 2024 Total 2023 Supprjrting victims of éomeslic abuse 864,649 150,724 1.015,373 854.891 Actlvlty undertaken directly Actlvlty support costs (Unaudited) As restated 2024 2023 Rent 8nd rale5 346.393 77,217 318.884 9,468 423,610 318,684 84.412 3,748 32.224 8,670 6,528 13.17D 5,021 12.566 52,291 6,646 8,413 11,429 381 369,164 234,295 53,847 11,165 84.279 Wages and salaries Light, heal and ulililies Beneficiary svpport costs Repairs and mainlenallce Molor and travel 74,944 3,74e 26,810 5.414 8,670 6,528 4,991 5,021 12,566 52,291 6,646 8,413 11,429 381 13.086 5,012 10,127 1,045 3.005 22.723 Insurance Telephone and fax Office expenses Printing, postage & slalitrnary Legal and piofessional fees Sundry expenses Volunteer expenses IT costs 8,179 1,854 4,539 21,950 Professional 5ubscripliolls Depreciation Governance costs 12.070 15.511 555,297 12.070 15,511 1,015.373 3,042 5,820 844.953 460,075 The notes on pages 18 to 32 form an integral part of these financial slalements. Page 24
Phoenix Women's Ald Notes to the Financlal Statements for the Year Ended 31 December 2024 {continued) 8 Analys15 of 5UPPOrt costs {Unaudlt&dl AS restated 2023 Unrestricted fund$ 2024 Auditors remuneration and other finanaal services Examination of the financial statements Legal lees 15,511 15.511 795 895 15,511 15.511 1,690 9 Net Incomingloutgolng resources Nèt incoming resources for the year include.. 2024 Iunauditedl As restated 2023 Operating leases - other assets Depreaation of fixed assets 436,456 12,070 89,925 3,042 10 Trustees remuneratlon and expenses ND Iruslees, nor any persons conneded wth them. have received gny remuneration from th charitable Company during the year. Donations made by th8 trustees without any condits'gns allached Iclalled £Nil for the year12023- £391 11 Staff costs 2024 Iunauditedl As restated 2023 Wages and salaries Social security costs Pension cosls 292,381 21,708 4,595 318,684 217,859 13.033 3.402 234,294 The notes on pages 18 to 32 form an integral part of these fnanCIal slalemenl5. Page 25
Phoenix Women's Aid Note5 to the Financial Statements for the Year Ended 31 December 2024 (continued) 11 Staff costs Icontlnuedl The monthly average number of persons lincludlng seniof management I leadershlp leaml employed by the ¢harily during the year expressed as full lime equivslenls was as follows". 2024 Iunauditedl As restated 2023 No No Managing Director Other staff 12 The averagg number of employees on a headcounl basis was 1312023.. 101 The total employee benefits ef the key management personnel of the chanlable company wère £47,08312023 . £18,814) No 8Mployee received emoluments of more than £60,000 duiing the year. 12 Auditors. remuneration 2024 IUnaudited} As rèslatÈd 2023 Auditor's remuneration 12.500 The notes on pages 18 10 32 form integral part of these financial slalemenls. Page 2fj
Phoenix Women's Aid Notes to tho Financial Statements for the Year Ended 31 December 2024 (continued) 13 Taxallon The charitsble company is a registered charity and is therefore ex&mpl from laxalion. 14 Tanglble flxed a55ets Furnllure nd qulpment Motor vehicles Total Cost Al 1 January 2024 (As reslaledl A[lI10nS 60,346 16,907 10,925 71,271 16,907 Al 31 December 2024 77,253 10,925 88,178 Depreciation Al 1 January 2024 (As reslated} Charge for the year 27.556 10,565 4,905 1,505 32,461 12,070 Al 31 Decembei 2024 38,121 6,410 44,531 Net book valug Al 31 December 2024 39,132 4,515 43,647 Al 31 December 2023 (As restaledl 32,79D 6,020 38.810 16 Debtors 2024 Iunauditedl As restated 2023 Pr8paym@nts Other debtors 4.706 46,169 50,875 4,411 3,554 7,5 The notes on pages 18 10 32 form an integral part of these financial slalemenls. Page 27
Phoenix Women's Ald Notes to the Financial Ststements for the Year Ended 31 December 2024 {continued) 16 Cash and cash equivalenis 2024 Iunauditèdl As restated 2023 Cash on hand Cash al bank 4.474 187.244 17,115 111,793 128,908 191,718 17 CredltOf5: amounts falllng due within on& yr 2024 Iunauditedl As reslat•d 2023 Trade creditors Other taxation and socia1 securily Other creditors Accruals 102 4,549 52,913 13.699 501 4,529 30.205 5.144 71.263 40.379 18 Penslon and other schemes Defined contributlon penslon scheme The Charilable company operales a defined contribution pension Scheme. The pension cost charg8 for the year represents contributions payable by Ihe charitable comparby to the scheme and amounted 10 £4,59512023 - £3,402) The notes on pages 18 10 32 form an Integral part ol these financial slatemenls. Page 28
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 19 Commltments Operating 18asgS The lolal of future minimum lease payments is as follows.. 2024{Unaudlted) A5 restated 2023 No later than one year Later than one year 8nd not later than fivè years 97,788 139,833 89,925 65,125 237,621 155,05Q The notes on pages 18 10 32 form an integral part of these financial slal&ments. Page 29
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 20 Prlor year adjustment A prior year adjuslmenl has been made lo recogni5e donated asset5 received in previous years that wer@ not recorded at the tirn@. These assets should have been included In the financial slalemenls in accordance with the Charities SORP IFRS 1021. As a result, the specific funds as al 1 January 2024 have been increased by £29.811, with 8 corresponding increase in fixed assels. Comparalive figures have been reslaled. There is no impact on the cuiienl year's results. 21 Movement In funds Iunauditedl As restated Balancè at 1 January 2024 BalanGe at 31 December 2024 Incoming Re5Durces resoLsrces expendèd Transfers Unrostricted funds General General Funds 96,127 1,058,640 1932.9631 16.8271 214,977 Rpstrittèd funds Screwfix Foundation Community Fund Donl be alone al Christmas evisa Domestic abuse Active therapy 5,000 34,177 15,0001 1129.6671 88,332 7.158 1.000 11,483 2,906 999 11,0001 111.5861 12,4721 999 103 14341 39,177 104,720 150,724 6,827 Total funds 135,304 1,163,380 1,083,687 214,977 The notes pages 18 ID 32 form an integral part of these financial slalemenls. Page 30
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 {continued) 22 Analysis of net assets beiween funds Total funds at31 December 2024 Unrestrlcted funds Restrlcted fullds Tangible fixed assets Current assets Current liabilities 43,647 227,206 127,097 43,647 242,594 71,263 15,388 144,166 Telal nel assets 243,756 28,778 214,978 Iunaudltedl As restated Total funds Unreslrlcted Funds Restricted funds 31 December 2023 Tangible fixed assets Current assets CuTrenl liabilitie8 8.999 97.696 40,379 8,999 136.873 40.379 39.177 Total n8t ass8ls 6e,316 39,177 105,493 23 Analysis of net funds At31 December 2024 At 1 January 2024 Cash flows Cash al bank and in hand 128,908 62.809 191,717 Nel debt 128,908 62.809 191,717 The notes on pagès 18 10 32 lorm an integral part of these financial sialemenls. Page 31
Phoenix Women's Aid Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 23 Analysls of nel funds Icontlnuedl Iunaudlted As restated At31 December 2023 At 1 January 2023 Cash flows C8sh al bank and in hand 37,241 91,667 128,908 Nel debt 37,241 91,667 128,908 24 Related party transactions Al the year end. a balance of £1,902 was due lo the Managing Director of the charity. This amounl relate5 to the Managing Director's unclaimed expenses ineurrad pèrsonally on behalf of the Gharily. The notes on pages 78 10 32 form an integral part ol these financial statements. Page 32