Charlty numbor." 1200309 WEST MIDLANDS ANTI4LAVERY NETWORK UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 WR Partners Protecting your future.
WEST MIDLANDS ANTI4LAVERY NEfwoRK CONTENTS Page R•feronce and •dmlnlstratlv• d•talls of the Charlty, Its Trust90$ and advlsers Chaimian's statement TrustO00' roport Indopendont examlnorf¥ rgport ststemont of flnanclal actlvllles 9-10 Balance sh••t 12 NIrt to tho ffnanclal statements 13-26
WEST MIDLANDS ANTI4LAVERY NETWORK REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARI, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 7 SEPTEMBER 2025 Truste S Tylor, Chair S Takura S Thomas M Ansari (resigned 6 March 20251 G Jelli$ lappoint$d 5 Jun• 20251 Charlty roglstered number 1200309 Princlpal offlc• Runway East Arca Temple Row Bimigham B2 SAF Ex•cutlvo Dlr•¢tor R Briertey Accountants WR Partners Chartered Accountants Belmont House Shr8wsbury Busines8 Park Shrewsbury Shrop8hir¢ SY2 6LG Pagg 1
WEST MIDLANDS ANTI-SLAVERY NETWORK CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 7 SEPTEMBER 2025 The chaiman presents his statement for the year. Chairfs Report 2024-25 l am pleased lo present this annual report for Wesl Midlands Anli-slavery Network IWMASNI during our third year as a registered charty. Our organisation has made signrficant progress in supporting vsctims of modern slavery and human trafficking across the Wesl Midlands. We've expanded our Independent Modem Slavery Advocate IIMSAI service, which has proven highly effective in identifying and 5UPPOrting victims. The number of individuals we've helped has increased substantially, with our team supporting over 120 service users this year compared to 100 in the prevk)us period. Key achievements indude.. Successfully securing continued funding from Warwickshire PCC for a dedicated IMSA role Continuing our vital Modern Slavery Coordinator role with Birmingham City Council Securing funding lor a n8w Slavery and E>plortation Intervention Officer role with Bimingham City Council Expanding our victim support services, primarily through outreach Delivering over 80 training and awareness raising sessions lo professionals Contributing to academic research with approaches lo modern slavery Attracting funding from local authorities within the Wesl Midlands and, Maintaining strong financial stsbilily at the end of our first full year as a chanty. The selling up of a Lived Experience Consuttancy Panel named VOICE- Voice of Insight Change and Empowemienl Securing funding for a VOICE panel Manager Our partnerships remain crucial lo our success. We continu& lo work Close with law enforcement. l¢xal aulhorilies, and other agencie5 to ensure Comprehensive support for victims. The introduction of our developing 'Lived Experience Panel. this year marks an important step in ensuring sutvivors, voices inform our work. Looking ahead lo 2026 we are well positioned lo provide an increasing level of support lo even more victims of exploilalion. Our support will primarily be vkg our Outreach support team which spans the whole of the Wesl Midlands and Watwickshire although there are occasions when we will support victims across the UK and internationally loo. I want lo thank our dedicated staff. Iru$tees, and partners for their commrtmenl to combating modern slavery. Their expertise and dedication continue lo make a real difference in victims. lives. Shayne Tyler Chair of Trustees Page 2
WEST MIDLANDS ANTI4LAVERY NETWORK TRUSTEES, REPORT FOR THE YEAR ENDED 7 SEPTEMBER 2025 The Trustees presonl their annual report together with the financial slalemenls of the Charity for the year from 8 September 2024 10 7 September 2025. Objectlves and activities . Pollcles and objgctlves Our Articles sel out our Mission as being. To promote human rights las Sel out in the Universal Declaration of Human Rights, and gubsequenl Unf(ed Nations conventions and declarations) within the Wesl Midlands by all or any of the following means. Monitoring abuses of human rights Obtaining redress for victims of human ri9hls abuse Relieving need among the victims of human rights abuse Research into human rights abuse Educating the public and raising awareness about human rights iSSLJes Providing technical advice lo Government. local government, law enforcement and others on human rights matters Commenting on proposed human righ15 legislation Prornoling respect for human rights among individuals and corporations Promoting public support for human rights In furtherance of that object, bul not otherwise. Ihe Iruslees shall have power lo engage in political activity provided that the trustees are satisfied that the proposed activities will further the purposes of the charity lo an extent juylified by the resources committed and the activity is not the dominant means by which the charity carries out ils objects Our Artides are underpinned by our 7 key prionties. Victlm Care and Support Equality Diversty and Inclusion Our People Prevent and Protect Working in Partnership Organisalional suslainabilrty Influence change In setting objectives and planning for actiwties. the TNstees have gwen due consideration lo general guidance published by the Charrty Commission relating to public benefit, including the guidance 'Public benefit". running a charity IPB21'. b. Strategles for achleving obje¢tlv&s Wesl Midlonds Anti Slavery NeOrk IWMASNI has an action plan lo deliver our objectives. The Senior anag8rnenl Team ISMTI have responsibilty for the a¢lion plan with the board of Iruslees being accountable for Ihe action plan. Together with a consultant provided by Lloyds Bank Foundation we now have a financial strategy that underpins ou¥ ftve year Strategy. In 2026 we will be looking al how we better use data for case notes, funding returns and funding applications including the use of Al wrth the SLtpport of another Lloyds Bank Foundation Consullanl. Page 3
WEST MIDLANDS ANTI4LAVERY NETWORK TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 7 SEPTEMBER 2025 Objo¢tives and a¢tivitios Icontinuedl . Activitles undertaken to achleve oblectlves We continually review our organisalion and structure and have pul measures in place to ensure we achieve our objectives. We have a strong Senior Management Team and are supported by an experienced Board of Trustees who provide governance, accountability, and scrutiny. Trustee recrui(ment including a treasurer Identifiable Senior Mana9ement Team An experienced Operations Manager Experienced Business Manager Board Governance, Policy, and Safeguarding Task Group Board Finance and Risk Task Group SuTVtvor Voice Panel- VOICE d. Main activie$ undertaken to further the Charlty's purposes for the publlc bèneflt Wesl Midlands Anti Slavery NeOrk is a charitable organisalion underpinned by six key objectives. The or9anisalion is responsible for bringing together all agencie5 in the West Midlands to build knowledge, promote partnership working, identify training fequiiements, provide support to frontline staff and work with all agencies lo idgntfy victims ol exploitation, and provide trauma infomied support ensuring long term iecovery via our SafePlac& and Outreach service. The organisation is a leader in the field of post rescue care and support. including accommodation. We are seeing more UK nationals entering our service and gaining an understanding of the challenges faced by those with recourse lo public funds. We recognise that the lime post rescue is the golden hour and gelling that right wth the right care and support gives survivors the be51 possible chance of success long term. We aim lo ensure support provides a good foundation for people to be able lo avoid re exploilalion and lead $uccessful healthy lives thereafter. Our IMSA service was redefined in September 2023 in recognition that we needed lo not onty provide accommodation and support. bul to provide outrèach for those not requiring accommodation, at that point in lime. Our outreach seTvice has grown exponentially since then and Includes females receiving outreach support. We now see referrals coming from many different agencies as we spread our wings further, some people now self refer. including surprisingly via our websrte contsct page. We have an IMSA service that covers the Warwick5hire Police area loo, this role has been tremendously successful also supporting around 80 people per year, with direel support lo around 40 people. We are commissioned by Birmingham Cty Council lo prowde them with a MS Coordinator whose role ensures that BCC comply with their legal obligations, provtde advice and guidance lo staff, promde training lo relevant staff and frontline workers. We remain passionate on taking part in aeademic research, especially that which informs good practice regionally and nationally. Our VOICE panel also now contributes to this aspect of our work- a recent contribution was research by The Passage on Homelessness and Exploilalion Page 4
WEST MIDLANDS ANTI.SLAVERY NETWORK TRUSTEES, REPORT (CONTINUED} FOR THE YEAR ENDED 7 SEPTEMBER 2025 Objgctives and activiti8s Icontinuedl 2025 has seen the formation and integration of the VOICE Survivor Panel within WMASN. The Network currently has six Lived Experience Consultants on board, Goordinaled by an Engagement Manager, providing a slruclured and safeguarded approach lo survivor leadership. Over the past six months, the panel has contributed lo 13 engagements across research, training, and advocacy. Collaborations have included work with Black Country NHS, Concept Housing Association, Dudley Safeguarding People Partnership, Birmingham City Council and Warwickshire County Council, demonstrating growing demand for survivor-informed input across slalulory and community sectors. The panel is also promoted through ils dedicated webpage on the WMASN website, which hosts the VOICE Infomialion Pack, flyer, survivor engagement FAQ and the Expression of Inleresl form, helping external partners access clear guidance on ethical involvement. A regular blog series will begin shortly. with each consultant taking a turn lo write a brief reflective piece, further strengthening visibility and SUNivor voice wilhoul reliance solely on public speaking. Considerable focus has been placed on supporting consullanls, wellbeing and skills. Two in-person development days have been held in Birmingham, and through our National Lollery funding, we are offering lo fund accredited professional development courses, clinical supervision, and talking therapies, recognising that participation involves significant emotional labour and musl be mel wilh appropriate care lo maintain healthy workllrfe balance. A project of note is the Survivor Engagement Working Group we lead lo provide recommendations on trauma- informed. inclusive engagement for the Joint Committee on Human Rights. This work is ongoing, with the objective of strengthening and expanding the exisling ITaining before Padiamenlary enquiries involve people with lived experience, aiming for long-lerm systemic impact. Looking ahead, we have been invited by the Independent Anti-slavery Commissioner to allend the Anli-slavery Advisory Panels Summit in March 2026, bringing reglonal panels together for Ihe first lime lo share priorities and help shape national projects. Achievemonts and perfornianGo a. Maln achievomonts of thg Charlty In the past 12 months, we have continued lo review our SafePlace accommodation and Independent Modern Slavery Advocate Service IIMSA}. Th8 latter has proven a real success in supporting victims andlor survivors in a manner not previously experienced via the Safeplace service. The service is who11y geared around outreach, whilst the demand for posl-rescue accommodation has declined signrficanlly. The organisalions and places from which Teferrals are made aTe growing and becoming more diverse as we continue lo grow and word spreads of our service. This has increased demand significantly and has also resulted in being approached lo support specific local authority supported activity within the Wesl Midlands. We continue lo be commissioned lo provide Birmingham City Council with a Modern Slavery Coordinator. This has proven lo be very successful and evidence that a Local Authority needs a MS Coordinator. Indeed, Birmingham City Council has seen increasing demand which has resulted in us being further commissioned lo provide a role akin lo an IMSA, a Slavery and Exploilalion Intervention Officer. Ltscal Authorities having an MS CoordiT7ator is key lo the work of many agencies as they have a speci81ised point of contact. This benefits survivors loo, as il means that the LA can access support for victims they identrfy. Our SafePlace IMSA servicè was originally sel up lo provide immediate support for victims for around 5110 days until they were able lo access Home Office support Vl8 the vielim care contract or lo be sign posted lo other support. 2024 saw an evolution of the accommodation offer. with the potential for victims lo be accommodated for far longer periods of lime. However, demand has continued lo be problematic. with only 2 referrals in early 2025. Consequently, a review was undertaken, and a decision has been taken lo close the Safeplace accommodation offer, lo focus on the changirig demand for outreach support, advice. training and awareness raising- Page 5
WEST MIDLANDS ANTISLAVERY NETWORK TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 7 SEPTEMBER 2025 AGhievoments and pgrformance {contlnued} In late 2024, the IMSA service was shorllisled foT a national Human Trafficking Foundation award. This unexpectedly triggered dialogue with a large MS charity, Hope for Justice IHFJI, the laller having sought a trademark for the term IMSA. During 2025, we engaged with HFJ and our commissioners, lo determine whether we would participate in a national IMSA pilot being led by HFJ. Unfortunately, our opinion was that the pilol and role description were al odds with OUT appToach and the breadth of our service offer. As such. we are now in conversations lo determine a new role lille for a service, a fact that is supported by our commissioners. We also represent the human trafficking agenda on the Mayor's Wesl Midlands Combined Authority Homeless Task Force Steering Group and we Chair their No Recourse lo Public Funds Task Group. This is all in recognition that homelessness and NRPF are intrinsically linked lo exploilalion. We are included in their rough sleepers, task group action plan where we have a responsibility to reduce exploitation in the rough sleeping sector and provide support for those that are Flnancial review a. Golng concern After making appropriate enquiri88, the Trustees have a reasonable expectation that the Charity has adequate resources lo continuè in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concern basis in preparing the financial stalemenls. b. Reserves pollcy Our reserv8s policy is in place and ensures we have a minimum of three months funding in reserve lo close the org2nisalion if required - this includes redundancy costs, paying of any éebls, and closing the organisation down. Free reserves are calculated as the unreslricled funds less any designated funds and unrestricted tagible assets. Al the year end the free reserves stood figure amounted lo £170,32212024'. £153,946). Structure, governanGe and management Constitution Wesl Midlands Anti-slavery Network is a registered charity, number 1200309, and is conslituled under a Conslilulion. b. Methods of appointment or election of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution. We have outsourced our human resources, and they also support our recruilmenl of staff and Iruslees. Applicaticins are received, reviewed and a 20 rninule conversation is held with the applicant. If both parties are suitable the applicant is offered an interview. All successful applicants are required lo provide two references and a DBS check. Throughout 24-25 we have slTenglhened our board of Iruslees through Ihe appointment of an additional Trustee, with a further two Trustees, including a new Treasurer, joining shortly after the year end. These appointments enhance the range of skills and experience available lo the 8oard and further slrerolhen governance and f1nancial oversight. Page 6
WEST MIDLANDS ANTI4LAVERY NETWORK INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 7 SEPTEMBER 2025 Independènt examinerfs statgment Since the Charitys grDSS income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. l confirm that l am qualified to undertake the examination because l am a member of ICAEW. which is one of the listed bodies. Your attention is drawn lo the fact that the Charity has prepared the accounts in accordanee wrth Aceounling and Reporting by Charities". Statement of Recommended Pra¢lice applicable lo charities preparing their accounts in accordance with the Financial Reporting Slondard applicable in the UK and Republic of Ireland IFRS 1021 in prefence to the Accounting and Reporting by Charities." Slalement of Recommended Practs'ce issued on 1 April 2005 which is ferred to in the extant regulation5 but has been withdrawn. l understand that this has been done in order for the accounts lo provide a Ir¢Je and fair view in accordance with the Generally Accepted Accounting Pradicg effective for reportin9 periods beginnin9 on or after 1 January 2015. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe that in any material r8spect'. accounting records were not kept in respect the Charity as required by section 130 of the 2011 Act.. or the accounts do not accord wrth those records,. or the accounts do not comply wrth the applicable requir8menls concerning the fom) and conlenl of aecounls sel out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection wtth the examination to which allenlion should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. This report is made solely to the Charity's Trustees. as a body, in accordance with Part 4 of the Charities (Accounts and Reportsl Regulations 2008. My work has been undertaken so that I might stsle to the Charity's Trustees those rnallers l am required lo stale lo them in an Independent examiner's report and for no other purpose. To the fullest extent pemiitted by law, I do not a¢¢ept or assume iesponsibility lo anyone other than the Charity and the Charity's Trustees as a body, for my work or for thi5 report. Signed." S J Tweedle Dated.. Li IWI Bsc FCA DChA WR Partners Chartered Accountant$ Belmont House Shrewsbury Business Parf Shrewsbury Shropshire SY2 6LG Page 10
WEST MIDLANDS ANn4LAVERY NEfwoRK INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 7 SEPTEMBER 2026 Independent gxamlner's report to th• Trustees of West Mldlands Antl.Slavery Netrrk I'th• Charlty'l l Teport to the charity Trustees on my examination of tho a¢counls of the Charity for the year ended 7 September 2025. Responslbllltle8 and basls of roport A$ the Truste85 of the Charty you are rg$ponsible for the preparatlon of the ac¢ounl$ in accordan¢e with the requir¢ments of the Charitlos Act 2011 Ilhe 2011 Act'i. I report in respect of my examination of the Ch8ritls accounts carried out under $gclh)n 145 of the 2011 Act and in ¢arrying out my examination I have followed the applicab Directions grven by the Charity Commission under section 145{511b) of the 2011 Act. Page 9
WEST MIDLANOS ANTI.SLAVERY NETWORK TRIJSTEES, REPORT {CONTINUEDI FOR THE YEAR ENDED 7 SEPTEPIBER 2025 Stalem•nt of Trust¢fjS' IPOnsIbIlItIe8 The Trustees arn responsible for yepadng the Trustees, pOrt and the financlal ststements 6n accordance wth Applicable law and United Klngdom Accounting Stsndards {Uniled Klngdom Generalty Accepted Accounting Prdclicel. The law appllcable lo charitios In England & Wale$ requires the Tfu$tee$ to prepar8 financlal statements for ea¢h finandal which give a true and falr vtew ol the stste of affairs of the Charity and of ils ino)ryung resources and applicallon ol resources, Including Its Income and expendiluro. for that perh)d. In preparing thes& financial sialemenls. the Trustees are Tequlred to.. select suilable sccounbng pokc¢e$ and then appty ttjem ¢cfflsislen¢ty; obserye the methods and prineiple$ ol the Charilles SORP IFRS 1021: make judgments and accounting estimates thal are reasonable and pwdentr stale whether applicable VK Accounting Standards {FRS 1021 have been followed. sublecl to any malerfal departLIS di$¢iosed and explained in the financSal statements". prepare the financlal statefftents on the going ¢oncem basis unless rt 1$ inappropriate lo presume that the Charty wll conlinue In bus4ness. The TnJslee$ are responsiblo for keeplng adequate acccunting reeords that aro suffiuenl to show and explain the Chartys transactions ond disdose with reasonable accuracy al any 15me the finan¢kal position ol tho Charity and enable them lo ensure that the financlal slalements compty with the Charilies Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Constitution. They are also responsiblg for safeguarding the assets of the Charbty and henee for tsklng reasonable $teps for the prevention and deteCtn ol fraud and other ITgularitie Apwoved by order olthe membws ol the board ol Tnjslees and stgned 4)n titelr behalf by. (Chair of Trustees) Oate.. Z. 3. Zol
WEST MIDLANDS ANTI4LAVERY NETWORK TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 7 SEPTEM8ER 2025 Stru¢turei govemance and management {continued) b. Methods ot appolntment or electlon of Trustees The managgmenl of the Charity is Ihg responsibility of the Trustees who are elected and co-opted under the terms of the Conslitulion. We have outsourced our human resourees, and they also support our recruilmenl of staff and Iruslee5. Applications are received, reviewed and 8 20 minute conversation Is held with the applicant. If both parties are suitable the applicant is offered an interview. All successful applicants are requirod lo provide references and a DBS chèck. Throughout 24-25 we have strengthened our board of trustees through the appointment of an additional Trustee, with a further two Trustees, including a new Treasurer, joining shortly after the year end. These appointments enhance the range of skills and experience available lo the Board and further stren9then govgrnance and rinancial oversight. c. Flnancial risk management Thffjughout the year, the Trustees have maintained a strong focus on sound finaneial management ensuring that the organisalion remains resilient and welkposilioned to deliver rts eharilable objeelives. Investment in our process8s. training, and digital capability, alongside the continued development of a skilled and collaboratlVO team, has strengthened our operational effectiveness an(S supports OUT plans for ongoing improvement. In addition, the organisalion has worked collaboratNely lo develop 8 Ihree-year financial strategy alongside ils business strategy, supported by external expertise, placing us in a stronge¥ position to plan confidentW for the future, with an idea of how we can divetsfy our fvnding streams. The Trustees have assessed the major risks lo which the Charty Is exposed, Ih05e related lo the operations and finances of the Charity and are satisfied that systems and procedures are in place to miligale exposure lo the major risks. Plans for future periods The coming year We will ensure we commit to maintaining our five year strategy plan along with our financial strategy including.. Continue to fundraise and identify diverse funding streams Continue to provKJe the best possible care and support lo the ever increasing numbers of SUNNors in the region and beyond Continue lo review our processes to make sure we're continualty making our work effici8nt Continue lo offer our lived experience advisory panel lo all stakeholders and promote their work. Embed cuf(ural competency in our work and influence il in the work ol stakeholders Represent our work regionally and nationally and continue lo influence change in policy procedure and 9151alion Identify academic research opportunities Identify staff training needs, provide support and seek innovative ways in which lo allract and rètain staff Identify way5 in which Al can be used ethically to enhance our work stsrting wrth an internal workshop In February 26 we will seek innovative ways in which to engage and support industry. We will also review our income streams where we provide training and support to our stskeholders Page 7
WEST MIDLANDS ANTI4LAVERY NETWORK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 7 SEPTEMBER 2025 Restrlcted Unrastri¢ted funds funds 2025 2025 Total funds 2025 Total funds 2024 Nolo Incom8 from: Donations and legacies Charitable activities Investments 360.015 87,348 6,000 2.057 447,363 6.000 2.057 466,513 11,294 15 Total Income 360,015 95,405 455,420 477,822 Expendlture on: Raising funds Charitable aclivitios 6,575 70,041 6,575 413.983 4,8r5 367,839 343.942 Total expenditure 343.942 76,616 420.558 372,714 Net movement In funds 16,073 18,789 34,862 105, 108 ROn¢l11atl0n of funds: Total fund5 brought fOard Nel movement in funds 103,764 16,073 156,640 18,789 260,404 34.862 155,296 105, 108 Total funds carried forward 119,837 175,429 295.266 260,404 The Statement of financial activities includes all gains and losses recognised in th& year. Thg notes on pages 13 10 26 form part of these financial stalemenls. Page11
WEST MIDLANDS ANTrSLAVERY NEtWORK BALANCE SHEET ASAT7 SEPTEMBER 2025 2025 2024 Not• Flxed assets Tangible assets 12 S107 2,694 5,107 2.694 Current as¥•ts Debtors Cash at bank and In hand 13 8,858 293,418 54,352 212.262 302.2T8 266.614 Current IlablliU•$ Creditors.. arunIS falling due within one year 14 112,1171 (4904) Net ctsrrenl assets 290,159 257.710 Total ass¢ts1gss current Il•bllitles 29&266 260.404 Total net assets 295,266 260.404 Charlty funds ReStrled fvnds Unrestricled fund$ 15 15 119.837 175,429 103. 764 156.a40 Total lund$ 29S266 260,404 The finandal statements wefe approved and aulhorised for issue by thg Trustees and swned on their behalf by. (Chair of Trustees) Date.. 3. 13. 2ot The notes on pages 13 to 26 lorm part ofthese finanaal stslements.
WEST MIDLANDS ANTI4LAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 General infomiation Wesl Midlands Anli-slavery Nerk is a Charitsble Incorporated Organisalion, Charity numbgr 1200309. It was registered with the Charity Commission 8 September 2022. The registed office is shown on page 1 of this report. Accounting policies 2.1 Basis of preparation of financial statomènts The financial statement8 have been ppared in accordance wf(h the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their a¢¢ounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Charities Act 2011. Wesl Midlands Anli-slavery Network meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othorwis¢ slated in the relevant accounting policy. Wesl Midlands Anli-slavery Netsvorf( meets tho dofinition of a public benefit entty under FRS 102. Assets and liabilities are initially CogniSed at historical Cost or transath'on value unless otherwise slated in the relevant accounting policy. 2.2 Income All income 15 recognised once the Charity has entitlement to the income, il is probable that the income will be received and the amount of Income receivable can be measured reliably. Grants are included in the Slalemenl of financial activities on a receivable basis. The balance of income received for specrfic purposes bul not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, ils recognition is deferred and included in ¢redilors as deferred income. Where enlillemenl occurs beftsre income is received. the income is acciued. Income tsx recoverable in relation lo investment income is recognised at the time the investment income is receivable. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third paty, it Is probable that a transfer of economic benefits will be required in selllemenl and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the lolal of direct costs and shared costs, including support costs involved in undertaking each aclivily. DiTecl costs attributable lo a single activity are allocated directly lo that aclivily. Shared costs which contribute lo more than one activity and support C0515 which are not attributable to a single activity are apportioned been those activities on a basis consistent with the use of resources. Central staff costs are 8IIoc8led on the basis of lime spent. and deprsciation charges allocated on the portion of the asset's use. Expendrture on raising funds include8 all expenditure incurred by the Charity lo raise funds for ils charitable purposes and includes costs of all fundraising activities events and non-charilable trading. Page13
WEST MIDLANDS ANTI4LAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 Accounting policies {continuedl 2.3 Expenditure Icontlnugdl Expenditure on char((able activities is incurred on direclty undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Government grants Govemment grants relating lo tangible fixed assets are Irealed as deferred incom8 and released lo the Slalemenl of financial activities upon the completion of the relevant performance-related conditions. Other grants that are not subjed lo performance-related conditions are credited lo the Statement of financial activities as the grant proceeds are received. Grants received prior to the revenue recognition criteria being satisfied are recognised as a liability. 2.5 Redundancy and tormlnatlon In cases of redundancy, slatulory terms will apply. After serving 2 years and up lo 12 years employees are enlilled 10 51alutory notice of 1 week for each full year worted or one month's pay, whichever is greater_ Termination pay may be given lieu of nglice. 2.6 Interest receivable Inte$1 on funds held on deposit is Included when receivable and the amount ¢an be measured reliably by the Charity,. this is nomially upon notification of the interest paKI or payable by the institution with whom the funds are deposited. 2.7 Tanglble fixed assets and dgpreciatlon Tangible fixed assets costing £100 or more a capilalised and recognised when future economic benefits are probable and the ¢osl or value of the asset can be measured reliabty. Tangible fixed assets are inilialty recognised at cost. After recognition, under the cost modd, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impaimienl losses. All costs incurred lo bring a tangible fixed asset into ils intended working condilMJn should be included in the measurement of cost. Depreciation is Charged so as lo allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the slraighl-line method. Depreciation is provided on the following basis.. Office equipment Computer equipment 25Yfj 25Q 2.8 DebtOTS Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayments are valued al the amount prepaid nel of any trade discounts due. Page 14
WEST MIOLANDS ANTI4LAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 Accounllng pollcles Icontinuedl 2.9 Cash at bank and in hand Cash al bank and in hand includes cash and short.lerm highly liquid investments with a short malurty of three months or less from the dale of acquisition or opening of the deposit or similar account. 2.10 Liabilltlgs and provlslons Liabilities are recognised when there is an obligation al the Balance sheet date as a result of a past event, il is probable that a transfer of economic benefit will be required in settlement. and the amount of the settlement can be eslimaled reliably. Liabili(ies are recognised al the amount that the Charity anlicipales il will pay lo settle the debt or the amount il has received as advanced payments for the good5 or services il musl provide. 2.11 Flnancial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic finaneial inslrumenls. Basic financial instruments are initially recognised al transaction value and subsequently measured al their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.12 Pènsions The Charty operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.13 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance ol the general objectives of the Charity and which have not been designated for other puryjoses. Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purpos8s. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each reslricled fund is Sel out in the notes lo the financial stalemenls. Investment income, gains and losses are allocated lo the appropriate fund. Page15
WEST MIDLANDS ANTI4LAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 Incomè from donations and legacles Restrlcted Unrestrlcted funds funds 2025 2025 Total fund$ 2025 Total funds 2024 Donatlons other donations 6,410 Donations subtotal 6,410 Donation from WMASN CIC Grants Government grants Similar incoming resources 177 177 301,268 145,118 800 216,577 143,438 84,691 1,680 800 220,212 238,391 Subtotal 360.015 87,348 447,363 460, 103 360.015 87,348 447.363 466, 513 Total 2024 47T,503 49,010 466.513 Government grants received in the year include gran15 from the Wal¢k$hIre Police and Crime Commissioner, Wesl Midlands Police and Crime Commissioner and Bimiingham City Council. The donations figure includes the use of a building as a safe house. provided by Birmingham City Council. This is included within doanlions and expenditure at the value slated in the lease agregmenl. Incorne from Charltable actlvltl8s Restrlcted Unrestrlcted funds funds 2025 2025 Total funds 2025 Tolal funds 2024 Income from charitable activities 6,000 6.000 11.294 Total 2024 6, 714 4,580 11,294 Page 16
WEST MIDLANDS ANTI-SLAVERY NEfwoRK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2026 Investment income Unrestrlctod funds 2025 Total funds 2025 Total funds 2024 Interest received 2,057 2,057 15 Total 2024 15 15 Expenditura on raising funds Costs of raising voluntsry Income Unrestricted funds 2025 Total funds 202S Total funds 2024 Fundraising consultant 6,575 6.575 4,875 Total 2024 4,875 4,875 Analysis of expenditure on charitable activities Summary by fund type Restrlcled Unrestrl¢ted funds funds 2025 2025 Total 2025 Total 2024 Charitablè Aclivrties 343,942 70,041 413.983 367,839 Total 2024 346, 702 21,137 367.839 Page 17
WEST MIDLANDS ATr¥ll4LAVERY NETWORK NOTes TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 Analysls of gxpendltur• by actlvltl•s Actlvltlos und8rtakon diractly 2025 Support costs 2023 Total funds 2025 Tot81 fvnds 2024 Charttable A¢tivfties 203.181 210.802 413,983 367,839 Tot812024 204, 985 162.854 367,839 Analysis of dlrect costs Total fund$ 2025 Total funds 2024 Actlvltles 202S Staff costs Service user costs Safehouse rent, fumishings and equipment Evaluation Inlgrpreting Util'eS MiscellanU5 Forum 183,919 2,942 1,211 7,429 1,489 4,850 1,341 183,919 169.676 6.204 6,998 7,429 1,489 4.860 1,341 651 2.513 1,812 17.131 203,181 203.181 204,985 Tot812024 204,985 204,985 Page 18
WEST MIDLANDS ANTI-SLAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 Analysls of expendlture by actlvtties Icontinuedl Analysls of support Costs Total funds 2025 Total funds 2024 Activities 2025 staff costs Depreciation Communications other staff costs Staff training, seminars & conferences Travel & 5ubsislence Office costs Professional fees Infomalion technology Health and Safety Bank charges Promotional material Miscellaneous Insurance 99,001 1.596 1,586 22.374 4.420 1.888 7,833 6,800 1,480 2.450 180 99,001 1,596 1,586 22,314 4,420 1,888 7.833 6.800 1,480 2.450 180 84,979 766 796 8,047 4,685 1,254 4.349 4,573 5,190 1,814 175 697 502 6.108 38,919 280 280 13,956 8,492 40,526 13.956 6,492 40,526 Subconlraclors 210,802 210,802 162,854 Total 2024 162,854 162,854 Indopond8nt 9xamingrf$ remungratlon 2025 2024 Fees payable lo the Charitvs independent examiner fof the independent examination of the Charit15 annual accounts Fees payable lo the Chartys independgnl examiner in respect of.. All other services not included above 2,964 2,880 180 353 Page 19
wesT MIDLANOS ANTI4LAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 7 SEPTEMBER 2025 14 Cr•dltorn: Amounts falllng du• wlthln ono y•ar 2026 2024 Trade cr¢dRors Other taxation and social securty Pension creditor other creditors Accruals and deferred income 3.265 1,601 876 4232 2,143 1,538 7T3 3,713 2.880 12.117 8,904 2025 2024 Deferred income al 8 Septembgr 2024 Amounts released from previous periods 56,296 (56.296) Page 22
WEST MIDLANDS ANTI4LAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 15. Statement of funds Statement of funds- current year Balance at 8 September 2024 Balance at 7 September 2025 Income Expènditure Unrestrictod funds General Funds- all funds 156,640 95,405 176,6161 175.429 Restrlcted lunds Operations Manager I SASCC Staff funding National Lottery Community grant Core costs Indepedenl Modom Slavery Advoca18- Wesl Midlands Ind8pendenl Modern Slavery Advocate Watwickshire Lived Experienca Panel Modern Slavery Policy and Eviden Centre Awards for all 33,980 123,652 44.286 24.414 132,4781 167,3331 1111,7371 122,02SI 1,504 99.799 {57,722) 2,389 43.480 9.729 28,313 36.193 137,1311 27.375 13,298 4,746 4,200 48.8S1 28.639 139,1111 130,1591 23,036 3.226 4.200 18,030 20.000 13,9701 103,764 360,015 1343,9421 119.837 Total of funds 260,404 455,420 1420.5581 295.266 Page 23
WEST MIDLANDS ANTI-SLAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 15. Statemènt of funds Icontinuedl Restricted funds comprise of: Operations Manager I SASCC - Operab'ons Manager salary and costs fvnded by the West Midlands Police and Crime Commissioner Staff funding - Bimiingham City Council Modern Slavery Coordinator funded by Birmingham Cf(y Council National Lollery C¢Jmmunity Grant - Funding from The National Lottery Community Fund lo run a Safe House for vtiM$ of slavery and trafficking including salaries. cos15. and all house expenses. The negative fund balance is due lo timing drffefences between income and expendrture of this 4 year grant. Core Costs Funding for Wesl Midlands Anti Slavery NeOrk covering part of the salary for the Executive Director and Business Manager, and accountancy and rent costs. Funded by the Wesl Midlands Police and Crime Commissioner . Independent Modern Slavery Advixate Wesl Midlands Midlands Police and Crime Commissioner. Funding for the IMSA role from the Wesl Safehouse rent- gift in kind Independent M¢)dern Slavery Advocate Warwickshire Warwickshire Police and Crime Commissioner Funding for the IMSA role from the Lived Experience Panel - lo advise on Slavery and Trafficking from a lived experience perspective Modern Slavery Policy and Evidence Centre funding for research into professionals experience in slavery and trafficking Page 24
WEST MIDLANDS ANTI4LAVERY NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 15. Statement of funds Icontinuedl ststement of funds- prlor year Balance at I September 2023 Balan al Transfers 7 S8ptemb8r in/oul 2024 InGome Expondilure Unrestricted funds General Funds 133,084 53,605 (26,012) (4.037) 156, 640 Restrlcted funds Operations Manager I SASCC Staff funding National Lottery Community grant Core costs Indapedenl Modem Slavery Advocate- West Midlands Safehouse rent Independent Modern Slavery Advocate - Warwickshiro LNed Experience Panel Modern Slavery Policy and Evidence Centre 2.866 4,179 37,260 85,400 (42, 742) (46.099) 2.Ot6 43.480 144,073 23,305 {134,344) (25,326) 9, 729 2,021 t5, 167 43,541 6,400 (30,395) (6,400) 28,313 48,885 28,639 (35,589) (23,893) 13.296 4.746 6, 714 f2.514) 4.200 22 212 424.217 (346. 702) 4,037 103, 764 Total of funds Y55,296 477, 822 (372. 714J 260,404 Page 25
WEST MIDLANDS A1LAVERy NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 7 SEPTEMBER 2025 16. Analysis of net assets batween funds Analysis of net assets between funds - current year R9Stricted Unrastricted funds funds 2025 2025 Total funds 2025 Tangible fixed assets Current assets Creditors due within one year 5,107 182.439 112,1171 5,107 302,276 112,117} 119,837 Total 119,837 175,429 295,266 17. Penslon commitments The Charify operates a defined eontribulion pension scheme. The assets of the scheme are hgld separately from those of the Charity in an independenlty administered fund. The pension cost charge represents contributions p8yable by the charity lo the fund and amounted to £5.248. 01 this £773 was payable to the fund al the balance sheet date and is included in creditors. 18. Related party transactions The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 7 September 2025. Page 26