REGISTERED COMPANY NUMBER: 13751032 (England and Wales) REGISTERED CHARITY NUMBER: 1201259
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR
EMPOWERHER UK, (A COMPANY LIMITED BY GUARANTEE)
Galloways Accounting 15 West Street Brighton East Sussex BN1 2RL
EMPOWERHER UK,
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 8 |
| Detailed Statement of Financial Activities | 9 |
EMPOWERHER UK,
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Charity are, for the public benefit, to relieve suffering and promote good mental health and well being in people who have experienced bereavement or loss, in particular (but not limited to) children and young people, by the provision of one-to-one mentorship, peer support groups and community-building events and training on issues of grief and bereavement.
EmpowerHER UK has been successful in recruiting suitable volunteers to carry out its mission to create meaningful connections in mentor matching and creating events like the annual Mother's Day Retreat for the beneficiaries to reduce isolation and know they are not alone in their grief.
EmpowerHER held their 1st Mother's Day Retreat for girls up through age 24 in London in March 2023 where 10 girls attended. It provided a day full of connection and fun on what is such a difficult day for those who have experienced the loss of a parent. The volunteer committee made of 10 adult women who had experienced mother loss planned and produced the event with a modest budget of £1,000. The day consisted of skincare, haircare, journaling, arts + crafts, lunch, yoga, and sharing circles where the girls were able to share their stories along with the adults and forge lasting connections.
EmpowerHER made their first mentor match in late 2023 with a young woman in Brighton with an adult woman in London. The Mother's Day Retreat allowed these two women to meet and connect, and from there they found so many shared experiences and led to their match, which has been so impactful. Since this time, we have made several additional matches and held Mother's Day Retreats in 2024 and will again this March for our 3rd Retreat.
Additionally, we launched our year-round events this year, so in July the girls met for a picnic with volunteers, and in December decorated gingerbread cookies. All of our events are non-therapeutic and aimed at the girls' interests. In fundraising, we held our first event at Thames Rowing Club in October of 2023. The event was ticketed and there were about 75 individuals in attendance. Our founder, Cara, along with our Trustees and Mentors spoke at the event, sharing more about our mission. The event raised about £10,000 and was a great success.
Significant Activities
In furtherance of its Objects, but not further or otherwise, the Charity shall have power to:
-
provide and assist in the provision of money, materials or other help;
-
organise and assist in the provision of conferences, courses of instruction, exhibitions, lectures, and other
-
educational activities;
-
publish and distribute books, pamphlets, reports, leaflets, journals, films, tapes and instructional matter on
-
- any medium;
-
promote, encourage, carry out or commission research, surveys, studies or other work make the useful
-
- results available;
-
provide or procure the provision of counselling and guidance.
Public benefit
The Trustees are satisfied that they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charities Commission.
When planning the Charity's activities for the year, the Trustees considered the Charity Commission's guidance on public benefit.The Trustees also considered how the Charity have succeeded in delivering its aims, including public benefit, when reviewing the achievements for the year.
FINANCIAL REVIEW
Financial position
The total incoming resources for the year ended 30 June 2024 were £26,030 (2023: £nil). Resources expended for the year totalled £7,419 (2023: £nil) leaving funds to be carried forward of £2,538 (2023 deficit funds: £11,631).
Page 1
EMPOWERHER UK,
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024
FINANCIAL REVIEW
Reserves policy
There was no reserve policy in place during this accounting period due to insufficient income to support a reserve at this time. We will continue to be reliant on the US entity, EmpowerHer US, and our operating agreement with them to support our programs and charity as necessary. Our Trustees will reconvene in the future as we become more established in the UK, and will create a policy at that time.
Going concern
The US entity has been supporting the operations of empowerHER UK through an operating agreement where the US will lease its employees and shared services to empowerHER until the charity is able to self sustain. The US entity has adequate reserves in place to support both charities, but the goal over the next twelve months is to reconnect with organisations and businesses in the UK and host events and fundraisers to raise awareness within the UK that will fund the operations, alleviating the need for the US to continue to support it. The charity is confident that over due course, it will have the resources needed to sustain programs and become self-sufficient without the help of the US entity.
FUTURE PLANS
The charity's aim to identify potential sponsors from local businesses or individuals who feel conviction for our cause along with the individual bag sales. The event raises awareness about our mission, brings the community together through shared grief and optimism, as well as raises critical funds.
The plan is to come to the UK this Spring and work with our Trustees and local volunteers to identify potential donors and meet with companies while we are there in hopes of soliciting major gifts (larger that £5,000) that will help to sustain our growth and goal to become self sufficient.
Additionally, EmpowerHER would also host a fundraiser in the fall, similar to Thames Rowing Club, but we feel it will be even more successful as we have seen growth in our volunteers, families, and supporters since our last event, and can show impact through our mission events like the Retreat and our Mentor matches.
Lastly, we are actively recruiting other Trustees who have strong networks and tie to our cause to introduce us to other organizations we could potentially partner with and companies/individuals that would donate to us.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, the charity's Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
(1) appoint a person who is willing to act to be a director; and
(2) determine the rotation in which any additional directors are to retire.
No person other than a director retiring by rotation may be appointed a director at any general meeting unless:
(1) he or she is recommended for re-election by the directors; or
(2) not less than fourteen nor more than thirty-five clear days before the date of the meeting, the charity is given a notice that:
(a) is signed by a member entitled to vote at the meeting;
(b) states the member’s intention to propose the appointment of a person as a director;
(c) contains the details that, if the person were to be appointed, the charity would have to file at Companies House; and
(d) is signed by the person who is to be proposed to show his or her willingness to be appointed.
Related parties
The charity is connected to the US nonprofit, Empower, in which there is an operating agreement in place to support the growth of empowerHER UK. EmpowerHER leases employees and is given use of shared services,
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
13751032 (England and Wales)
Registered Charity number
1201259
Registered office
5th Floor
167-169 Great Portland Street London W1W 5PF
Page 2
EMPOWERHER UK,
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
Trustees
C Belvin L O Horsell S Meaney
Independent Examiner
James Jarman ACA BFP Galloways Accounting 15 West Street Brighton East Sussex BN1 2RL
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 21[st] March 2025 and signed on its behalf by:
C Belvin - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMPOWERHER UK,
Independent examiner's report to the trustees of Empowerher Uk, ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
James Jarman ACA BFP
The Institute of Chartered Accountants in England and Wales
Galloways Accounting 15 West Street Brighton East Sussex BN1 2RL
Date: 4[th] April 2025
Page 4
EMPOWERHER UK,
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
| Period | ||||
|---|---|---|---|---|
| 1.12.22 | ||||
| Year Ended | to | |||
| 30.6.24 | 30.6.23 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 26,030 | - | ||
| EXPENDITURE ON | ||||
| Raising funds | 5,209 | - | ||
| Charitable activities | ||||
| Mentor program | 2,210 | - | ||
| Total | 7,419 | - | ||
| NET INCOME | 18,611 | - | ||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | (16,073) | (11,631) | ||
| TOTAL FUNDS CARRIED FORWARD | 2,538 | (11,631) |
The notes form part of these financial statements
Page 5
EMPOWERHER UK,
BALANCE SHEET 30 JUNE 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Debtors 4 301 Cash at bank 6,797 7,098 CREDITORS Amounts falling due within one year 5 (4,560) NET CURRENT ASSETS/(LIABILITIES) 2,538 TOTAL ASSETS LESS CURRENT LIABILITIES 2,538 NET ASSETS/(LIABILITIES) 2,538 FUNDS 6 Unrestricted funds 2,538 TOTAL FUNDS 2,538 |
2023 Total funds £ - - - (11,631) (11,631) (11,631) (11,631) (11,631) (11,631) |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 21[st] March 2025 and were signed on its behalf by:
C Belvin - Trustee
The notes form part of these financial statements
Page 6
EMPOWERHER UK,
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then the income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable they will be fulfilled.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the period ended 30 June 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the period ended 30 June 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| NET INCOME | - |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | (11,631) |
| TOTAL FUNDS CARRIED FORWARD | (11,631) |
Page 7
continued...
EMPOWERHER UK,
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024
4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
|---|---|---|---|---|---|
| 2024 | 2023 | ||||
| £ | £ | ||||
| Prepayments and accrued income | **301 ** | - | |||
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Social security and other taxes | 60 | - | |||
| EmpowerHer US | - | 11,631 | |||
| Other creditors | 100 | - | |||
| Accruals and deferred income | 4,400 | - | |||
| 4,560 | 11,631 | ||||
| 6. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.7.23 | in funds | 30.6.24 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | (16,073) | 18,611 | 2,538 | ||
| TOTAL FUNDS | **(16,073) ** | 18,611 | 2,538 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 26,030 | (7,419) | 18,611 | ||
| TOTAL FUNDS | 26,030 | **(7,419) ** | 18,611 |
7. RELATED PARTY DISCLOSURES
The Charity relied upon support from EmpowerHER, a registered Charity in the United States of America, whilst establishing itself in the UK. EmpowerHER provided financial support to the Charity during the year and was owed £nil (2023: £42,719) by the Charity at the year end.
Page 8
EMPOWERHER UK,
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
| Period | |||
|---|---|---|---|
| 1.12.22 | |||
| Year Ended | to | ||
| 30.6.24 | 30.6.23 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 26,030 | - | |
| Total incoming resources | 26,030 | - | |
| EXPENDITURE | |||
| Raising donations and legacies | |||
| Fundraising expense | 5,209 | - | |
| Charitable activities | |||
| Advertising | 39 | - | |
| Postage, printing & stationery | 35 | - | |
| Computer costs | 1,952 | - | |
| General mentor program costs | 3,048 | - | |
| 5,074 | - | ||
| Support costs | |||
| Management | |||
| Head office costs | 29,672 | - | |
| Other | |||
| IRA matches | 340 | - | |
| Insurance | 151 | - | |
| Sundries | 28 | - | |
| Healthcare expense | 274 | - | |
| Compliance | 548 | - | |
| Subcontractors | 3,274 | - | |
| Conferences, meetings & travel | 7,685 | - | |
| Irrecoverable related party indebtness | **(47,675) ** | - | |
| (35,375) | - | ||
| Governance costs | |||
| Accountancy fees | 2,839 | - | |
| Total resources expended | 7,419 | - | |
| Net income | 18,611 | - |
This page does not form part of the statutory financial statements
Page 9