Registered Company Number . CE033941 Registered Charity Numbar: 1205250 WOMEN OF VALOUR SAIUK T/A WOV SAIUK Unaudited Financial Ststements For The Year Ended 31 October 2024
WOMEN OF VALOUR SAIUK T/A WOV SAIUK Contents of The Flnancial Statements for the year ended 31 October 2024 Page Legal and Administrative Inforniation Report of The Trijstees Independent EXarnInes Report statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-12 Detalled Statement of Financial Activities 13
WOMEN OF VALOUR SA/UK TIA WOV SA/UK Account for the year ended 31 October 2024 Legal and Admlnistrativo Details Reglstered Company t4umber . CE033941 Registered Charity Number: 1205250 Chairperson Sarah Sondage Moloi Trustees Sarah Sondage Moloi (Founder & Chiarperson) Sylvia Matshidiso Mathe (Trustee and Treasurer) - Resigned Mlrriam Ntombencane Ntamane (Trustee) - Resigned Moses Tubatse Moloi (Trustee and Treasurer) - Newly appointed Elias Moroke {Trustee) - Newly appointed Kedibone Erene Moroke (Trustee) - Newly appointed Independent Examlner Divine Consult Limited Accountants 159 Boundfield Road Londo SE6 IPE Bankers: MEfRO BANK One Southampton Road London WCIB SHA Reglstered Office: Women of Valour SWUK TIA WOV SAIUK 4 Cannon Hill Lane LONDON SW20 9EP
WOMEN OF VALOUR SA/UK . TIA WOV SA/UK Report of The Trustees for the year ended 31 October 2024 The Trustees present thelr report and the financoal statements for the year ended 31 Ortober 2024. The financial statements have been prepared in accordance with the statement of Recommended Practice (SORP 2005) and applicable law. Strurtureff governance and Managennt Governing docunient The charity is controlled by its governing document, a deed of trust, and constltutes a Ilmlted company, limited by guarantee. as defined by the Companies Act 2006 on 26th April 2011 with a registered charity number 1205250. Oryanisational structure The charity trustees, are responsible for the overall management and Control of the Foundation CIO Charity and meet quarterly. They oversea everything pertaining to the work of the charity. They are to review policies every three years. They are responsible to make sure policies a adhered to at all costs. The charity Treasurers are responsible to oversee charity finances. They Meet every three months, All trustees give of their time freely and no remuneration or expenses were paid ifl the year, except in cases of reimbursement which is declared in the charity finance account report. No Trustee or person connected with a Trustee received any benefit from either means especially financially. New Trustees are appointed by the existing committee. All Trustees have Served throughout the year except where indicated. Trustee Recruitment and Training Trustee body requires experience to cary out its duties effectively and efficiently. When recruiting new trustees, the important attribute is a passion for the work of our charity and an understanding of our objects and constitution. We consider those wlth financiallaccounting* business and a legal background. Our ethos: Women of Valour SWUK is a charftable foundation which seeks to benefit the publlc through the pursuit of its stated aims. Our fees ft)r events are set at a level to ensure affordabilrty by the community and at the same tirne the financial viability of the charity at a level that is consistent with our aim of providing a high quality services to our communities. We serve people from all walk5 of life, creed. backgrounds, rdcei gender. belief and tolour. When it comes to our volunteers, we are an equal opportunity organisation and are committed to a working envirnnment that is free from any fomi of discrimination on the 9rounds of colour, ra, ethnicity, religion, sex. disability. The organisation is committed to safeguarding and promoting the welfare of the public and expects all volunteers to share this commitment.
WOMEN OF VALOUR SAIUK T/A WOV SA/UK Report of The Trustees for the year ended 31 October 2024 FUTURE PLANS We are looking to add on what we accornpli5hed in this year and start carrying out sessional drop in sessions in community halls for wami spaces and befriending as well as hosting a food bank for the community in the comino vear as Der our constitutlon. Also start hosting young people's events and get experts to come address them to mentor. empower and educate them in heatthier ways of livin9 such as staying away from knlfe crimes and use of substances. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate control. The trustees have assessed the major risks to which the charity is exposed. In particular those related to the operations and finances of the charityi and are satisfied that Systems are in place to mitigate our exposure to the major risks and to provide reasonable assurance against fraud and error. A description of the principal risks facing the charity Economic uncertainty R¢sing or stagnating inflation and the ongoing risk of potential recession. Greater competltlon for donations Competition for donatbons could well increase, requlrong a focu5 on supporter retentlon ènd stewardshlp. '5ing costs It is very likely that inflation will continue to drive up operating costs, demanding a look for opportunities to cut expenses where possible. Public health issues Covid, influenza and other public health cOnrnS could further impatt charity operatlons and fundraising, requiring charities to Indude flexibility in thelr plans. Cybersecurity threats Financial informatlon can be attacked. It calls for strong maintenance of the highest level of securtty. Compliantr burdens To comply vlith regulations. it is essential to ensure legal requirements are up to date, tax forms are filed and policies follow best practice. which the charity will be doing. Reputation risks Any controversy or scandal could damage a charfty's reputation and Impact supporter trust, resulting in a dmp in donations, the charity is creatin9 a crisis management plan in place to navlgate such Issues. The way forward We are approaching 2025 antiopating challenges as usual and aim to have strategies in place to manaqe events and uncertainties ahead.
WOMEN OF VALOUR.SA/UK T/A WOV SA/UK Report of The Trustees for the year ended 31 Ortober 2024 Objertive$ and Actlvlties l. SunHnary of the maln acttvities in relation to those purposes for the publlc bener in particular, the activitiesi projects or services identified in the accounts. Providing opportunities for the community to connect with others through community events such as South African women's month celebration in August each year. Hosted August 2023 and August 2024 as indoor events, and organised celebrats.ons of Heritage day In September each year, hosted in 2022. 2023 and 2024. {outdoor event) Provide people with a sense of purpose through presenting in educational forums such as the April 2024 Autism awareness and parenting for black communities (an online event). Provide a platform for exposure to those new to speaking engagements and presentations SO they can feel valued for their contributions to the community. Provide opportunities for networking. knowledge and skill galning as well as building confiden and self-esteem. This helped members of the community wlth gaining mental wellbelng and personal empowerment. Through the charity community events. gatherings and educational forums, both the South African diaspora in UK and other nationalities connetted and gained much needed knowledge and awareness as well as sotial integrdtion benefitting with mentsl health and general wellbeing. Statement confirming whether trustees had regard to the guidance l$su•s by charity commission on public benefrt Throitgh the charity. community eventss gatherings and educational forums. both the South African diaspora ill UK and other nationalities connetted and gained much needed knowledge and awane$S as well as social integration benefitting wlth mental health and well-being. Sumfflary of the purposes of the charity as set out in its governing document For the public benefit to relieve the needs of children and adults living in UK, and South Africa affected by domestic abuse, drug and alcohol problem, extreme poverty, homelessness and lack of skills by (but not limited to).. a) Providing education and lessons through hosting specific events where experts will be invited to carry out coachingi talksi prattical skill wortshops and informatlon sharing. b) Conductlng awareness campaigns in the community through sessional drop in events in community halls, schools. churches. libraries, parks and supermaets. c} Older women mentoring young gids in specific areas of expertlse such as cwking lessons, household chores. adolescence and coming of age. puberty and Self -governance. d) Taking a group of young girls out for skil5 workshop SLFch as dress codes for dlfferent occasions, communicaty.on and behaviour around people of the opposite gender. e) Inviting experts in money handling to come address and coach women and older glds around financial control and management. fj Host events for coaching by.. (i) business start-up experts and (ii)personal relationship and marriage experts and {ili} self-esteem and Confiden workshops and tfdining. g) Empower women and older gids who have been through trauma to regain Confiden and self- worth.
WOMEN OF VALOUR SAIUK T/A WOV SA/UK Report of The Trustees for the year ended 31 October 2024 h) Provide opportunities for events. geared at coaching and mentoring boys. Organising experts in the subjerts of manhood and coming of age and how to relate to people of the opposite gender and datino for older boys. i) Hosting events for experts in crime and nSeqUenceS of using drugs or alcohol. prison Ilfe and gangsterism to older boys. j) Work in collaboration with other organisations to provide mentoring for fatherless boys. 4. Contribution made by volunteers Volunteers contributed immensely through annual membership fees and random monetary gifts from October 2022 to Aprll 2024. Such contributions made a great impact and cannot be overlooked. B. Achlevements and Performance l. Summary of the main achievements of the charity. identlfylng the dlfference the charity's work has made to the circumstances of Its beneficiaries and any wlder benefits to society as a whole. a.Facilitated a donation from group community members to ald part of a university registration fee for a student in south Africa from a lone parent family. R7,376.91 in April 2021 (Before charity was registered). b.Facilitated a GoFundMe appeal for a lengthy loss of earning due to illness. raised £2000.00 in 2022 (Before charity was registered). c.Donated food worth £200 for a funeral. May 2023. (Before charity was registered) d.Donated £50. to a woman in the UK who lost herjob due to long hospltal treatment. May 2023 (Before charity was registered). e.Charity donated £50. to a woman visitong the UK and needing emergency treatment December 2023. f.Charity donated £50. to a woman in the UK who lost accommodation and job whilst being treated for cancer in hospital November 2023. g.Provided large community events free of charge every September since 2022 in a park with the charity paying for the venue hirel council green spaces and parks fees, rubbish collertlon costs, power supply costs. musicians costs, transportation costs of stuff to and from the part(. h.Charity WhatsApp platfomi catered for engaging the community/South African Diaspora to donate straight into the bereaved persons, bank account for burials of relatives and loved ones. i.Charity WhatsApp platform catered for the community sharing important infomation and notices. Projects February - Intsrnatlonal Women's Day ulebration An online Educational /Ernpowerment talk by a psychologist and a lived experience mother on Autism Awareness. Parenting autistic children. 40 people attended and it ended with Q & A session. August - South African Women's month Celebratlon-an indoor ticketed event Speakers: l. Women in business 2. Motivational talk. A true story of a fomier drug muse who survived prison and now helping drL¢g users and mules to escape the world of drugs. 3. South African Embassy offlcials (Home Affairs) attended to answer questions from the people about immbgration issues.
WOMEN OF VALOUR SAIUK TIA WOV SAIUK Report of The Truste¢$ for the year ended 31 October 2024 4. Legal firni speaking on estate planning and security. 50 people attended Charity distributed give aways (wrlting pads and pens). September - Communlty Gatherfng in celebrating the South African Herrtage Day. l. South African embassy officials attended to address the community 2. Mayor of Merton attended to welcome and address the community. 3. Various music artists provided entertainment. 4. Small businesses given opportunities to market themselves RISK ASSESSMENT AND MANAGEMENT Trustees are responsible for the overseeing of the risks faced by the charity in all areas. The charity has a general nsk assessment and management policy which Trustees review yearly. Current one review is due in July 2025. Charity activlties for the period covered by the report have not been carried out on a dally bas1S. Activlties real carried out on specific dates thmughout the year and they are of a different nature from each other. Risks are identified by the event manager and the chairperson In accordance with the venue regulotionsi guidance and expectations. A speclalised risk assessments and management plan would be drawn from there and followed throughout the duration of the evenuactivity. The generdl charity risk is managed under the headings of financial sustainability in relation to planned attivities as per objectiveS public sèfety and communrty access to events. The main risks that the Trustees have identified and the plans to manage those risks are.. The Charity's reputation, The charity's success is built on its reputation for benefitting safety and well-being of the community it serves. We manage this risk through safeguarding policy. volunteer policy Finances: Our ability to continue 15 reliant on fund raising through events. This risk is managed by pmper mobilisation and advertisement of events to maximise attendance. Through the risk management processes estsblished for the charity. the Trustees are satisfied that the major risks identified have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that maj.or risks have been adequately managed. SAFEGUARDING POLICY Safeguarding policy covets all volunteer5. attendees and general public In events. The trustses who serve during the year were: Sarah Sondage Moloi (Founder & Chiarperson) Sylvia Matshidiso Mathe (Trustee and Treasurer) - Resigned Mirriam Ntombencane Ntamane (Trustee) - Resigned Moses Tubatse Moloi (Trustee and TreaSur) Newly appointed Elias Moroke (Trustee) - Newly appointed Kedlbone Irene Moroke (Trustee) - Newly appointed Trustees are appolnted by the Board of Trustees.
WOMEN OF VALOUR SA/UK T/A WOV SAIUK Report of The Trustees for the year ended 31 October 2024 TRusfEES' RESPONSIBILrrIES Charity Law requires the trustees to prepare financial statements for each fianacial year which give a true and fair view of the state of affairs of the charity at the year end and of its incoming resources and resources expended for that year. In preparing those financlal statements the trustees are required to; •select sultable accounting poliaes and apply them consistentlyy •observe the methods and principles in the Charity SORP; •make judgement and estimates that are reasonable and prudent, •prepare the financial statements on the ongoing concern basis unless it is inappropriate to presume that the charity will cotinue in operation The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statement comply with the Charities Act 1993. They are also responsible for safeguarding theassets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other IegularitIes. The trustees are responsible for the maintenance and integrity ot the charity and financial information included on the charity's website. Legislation the United Kingdom goveming the preparation and dissemination of finanaal statements may dlffer from legislation in other jurisdictions This port was approved by the board of trustees oh 18 February 2025. Mrs Sarah Sondage Moloi Chairperson (For tha Trustees)
WOMEN OF VALOUR SA/UK TIA WOV SA/UK for the year ended 31 October 2024 Independent Examiner's Report I report on the accounts ft)r the year ended 31"October 2024 set out on pages flve to nine. Respertive responsibilities of trustees and examiner The charity's trustees are responsitsle tor the preparation of the accounts. The charity's trustees consider that an audrt Is not required for this year (under SeLtion 144(2) of the Charrties Act 2011 (the 2011 Act)} and that an independent examination is required. It is my responsibility to: examine the actounts under Settion 145 of the 2011 Act to follow the procedures laid down in the General Dirertions given by the Charlty Commission (under Section 145{5)(b) of the 2011 Att): and to state whether particular matters have come to my attention. Basis of the independent examiner's report My examination was carried out in accordance with the General Directions given by the Chartty Commission. An examination includes a VIeW of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would be requlred in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. Independent examiner'$ statenwnt In connettion with my examination. no material matters have come to my attention which gives me cause to believe that in, any materTral respett: accounting CordS were not kept In accordance with sertion 386 of the Companies Art 2006. or the accounts do not accord wlth such records,. or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent exaFnination; or •the accounts have not been prepared in accordan with the Charities SORP {FRS102). I have come across no other matters In connettion with the examinatlon to which attention should be drawn in thi5 ret)ort in order to enable a proper understanding of the accounts to be reached, Divlne Consult Limlted Accountants 159 Boundfield Road London SE6 IPE 18 February 2025
WOMEN OF VALOUR SA/UK TIA WOV SA/UK statement of Flnancial Activitles for the year ended 31 October 2024 2024 Total Fund Unrestrlcted Restrlrted Xncome Resources Incoming Resources From Generated Funds Voluntary Income Total Income Resources 14,937 Resources Expended Charitable Activities Support & Charitable Expenses Governance Costs 9,243 2,036 9,243 2,036 Total Resources Expended 11,279 NET INCOMING RESOURCES 3.658 3.658 Total Funds Balances b/fwd Total Funds Balances clfwd 3,658 The Notes Fomi Part of These Finanal Statements
WOMEN OF VALOUR SAIUK TIA WOV SA/UK Balance Sheet as at 31 Ortober 2024 2024 Total Funds Notes CURReNT ASSErs Cash at bank and In hand 4,108 4.108 CREDZTORS Amounts Falllng Due withlft one Year 450 NEf CURRENT ASSETS 3,658 TOTAL ASS5 LESS CURREirr LIABIUTIES NET AsseTS 3,658 Unrestrirted Funds 3.658 TOTAL FUNDS The dlrector satlsfied that the company 15 entttled to exempbon from the requ1ment to obtain an audit under section 477 of the Companies Art 2006. The member has not required the company to obtsln an audlt In accordance with section 476 of the Act. The dirertor acknowledges her responsibilibes for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of The accounts have been prepared and delivered Fn accordance with the special provisions appllcable to companies subjett to the small companies regime. The profit and loss account has not been ddlvered to the Registrar of CornpanÉes. The financial statements were approved by the Boanl of Trustee5 on 8 February 2025 and were slgned on its behalf by: Mrs Sarah Sondage Moloi Founder & Chiarperson (For The Ystee$) The Notes Form Part of These Statements 10
WOMEN OF VALOUR SAIUK TIA WOV SA/UK Notes to the Financial Statements for the year ended 31 October 2024 I ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the hlstorical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effettive January 2015), the Charities Att 2011 and the requirements of the Statement of Recommended Prath'ce, Accounting and Reporting by Charities (issued July 2014) Incomlng resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the incorne and the amount can be quantified wlth reasonable accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to artivities on basis con515tent with the use of resource5. The charity is exempt from tax on its charitable activities. Fund accounting Unrestrbcted funds can be used in accordance wtth the charftable objectlves at the discretion of the trustees. 2 VOLUNTARY INCOME 2024 Membership fees Donations - Fundraising Go F*Jndme 7.396 5,541 3 GOVERNANCE COSTS 2024 Accountancy Insurance Legal fees 450 174 Movement In Funds 4 Movement in Fund$ At011123 At311024 Unrestritted funds General fund Restricted Fund 3.658 TOTAL FUNDS
WOMEN OF VALOUR SAIUK TIA WOV SA/UK Notes to the Financial Statements for the year ended 31 October 2024 Net movement in fund5, induded in the above are as follows- Incoming Resourcos Resources Expended Movement in Fund$ Unrestricted funds General fund Restricted Fund 14.937 11,279 3.658 Total Fund 14.937 11,279 3,658 12
WOMEN OF VALOUR SAIUK TIA WOV SAIUK Drtailed Statement Of Flnancial Arti¥itle• for the year ended 31 Ortob•r 2024 2024 Ilnrestrirted Re*tricted Total Fund INCOMING RESOIIRCES Membership fees Donations - Fundraising Go Fundme 7.396 5,541 2,000 7,396 5,541 2,000 Total Incoming Resour¢ RESOURCES EXPENDED Charitable Artlvltfjes Activiknes Stationery and printing 4,665 896 4,665 896 Governance Costs Accountancy fee5 Insurance profeSOnal charges 450 174 450 174 036 Support Costs Manag•ment Charity other expense5 Charity giving Hlre costs Equipment expensed 2,160 265 804 453 2,160 265 804 453 TOTAL RESOURCES EXPENDED NET INCOME 3,658 3.658 13