2021-03-31-accounts - YWCA Of Great Britain

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

YWCA OF GREAT BRITAIN (The Unincorporated Body)

Financial Statements

For The Year Ended 31 March 2021

Registered Charity No. 249895

YWCA OF GREAT BRITAIN

For the year ended 31 March 2021

The Management Committee have pleasure in presenting their report and the Financial Statements for the year ended 31 March 2021

Reference and Administrative Details

Charity No 249895 Principal Office 139C Ferndale Road London SW4 7RR Accountant Mark Thompson MAAT 42 Lesbury Road Newcastle upon Tyne NE6 5LB

Management Committee

Kirsty Kelly Josephine Swords Co-Chair Erica Lewis Co-Chair Anna Lee Treasurer Ilona Brannen Appointed 11/01/20 Melissa Wills Appointed 11/01/20

YWCA OF GREAT BRITAIN Trustees Report for the Year ending 31[st] March 2021

Objectives and activities

The objects of the Association are to promote any charitable purposes for the benefit of women and young people, in particular young women under 30, the advancement of their education and to prevent or relieve their poverty or financial hardship, working from a Christian value base. In furtherance of these objects to encourage their social, physical, spiritual and personal development and to promote the leadership and participation in society of young women.

The Trustees have considered the Charity Commission’s guidance on public benefit when planning the activities of the charity. The Trustees believe that they comply with the Charity Commission guidance, in accordance with section 4 of the Charities Act 2006.

YWCA of Great Britain provides opportunities, particularly for young women 30 years and under, to represent YWCA of Great Britain at international events and supports the leadership development of young women. We provide a platform for young women to contribute to world debate and offer personal growth and development opportunities.

Through its powers to affiliate to World YWCA and to participate in the work of the European YWCAs, YWCA of Great Britain acts as a conduit for member organisations to effectively engage in the work of World YWCA. This includes the election, training and support of the YWCA of Great Britain delegations to World YWCA Council every 4 years and to European Training Institutes and meetings. In addition, YWCA of Great YWCA Great Britain plans conferences for its members every 2 years and provides a forum for the exchange of information and discussion of mutual interest by member organisations of the YWCA of Great Britain.

Activity and achievements

Renewed strategic and operational focus

During this time, the Board sought to operationalise the strategic and operational focus it adopted in 2018. It renewed its commitment to the priorities and goals outlined in the 2018-2022 Strategic Framework.

Updated website

In October 2020, the YWCA of Great Britain unveiled its updated website: https://www.ywca.uk. To celebrate the rebuilding and redesign of the website, the Board commissioned a suite of illustrations from Roshi Rouzbehani to celebrate the diverse community of women that the YWCA aspires to serve.

She Leads

During this time, the YWCA of Great Britain took stock of its first pilot for the She Leads grant program (more information here). Through She Leads we reached 71 young women in total during our pilot, providing £7,800 in total to the recipient organisations.

The main focus for the She Leads program during 2020-21 was to (1) support the 2019-20 grantees during the COVID-19 pandemic; and (2) consider changes to apply to the 2020-21 round of funding. The evaluation of the first round of She Leads funding (2019-20) highlighted the following findings:

One grant recipient was able to deliver their program as originally expected using She Leads
funding, the rest were negatively impacted by the COVID19 pandemic.
One recipient was able to adapt their program to run remotely, setting them up to continue to
deliver the program over the course of the pandemic.
All three of the projects interviewed said that they would like to continue a relationship with
YWCA Great Britain and that flexibility is crucial when circumstances change.

● One recipient noted that going forward, for young women, there is a significant danger of reduced civil society space for women to influence mechanisms of civil and political power, and the need for explicit efforts to include young women in these spaces.

Some Trustees worked directly with the World YWCA to discuss digitalising Rise Up, the World YWCA’s leadership program. We find ourselves in a position of financially contribute to this effort, as well as possessing a Trustee with deep digital L&D skills. We discussed earmarking a future She Leads grant for this effort.

Management and governance

The Board held sixteen virtual meetings during this period.

Affiliation fees were paid the World YWCA and the European YWCA.

Future Plans

The Board intends to reevaluate the position of the charity going forward. The COVID19 pandemic has significantly impacted the ability of the organisation to deliver on its mission - both in terms of the personal impact it has had on individual Trustees, and in terms of how it has impacted the organisation’s ability to marshall resources for its operations. The Board intends to reach out to other YWCAs in Europe and at the global level for guidance and support, as well as check in with local networks to identify what young women in the United Kingdom need right now to deepen their

The Board discussed the need to refresh and plug skills gaps on the board. Intend to use 2021 to recruit new Trustees and set us up to build on the momentum of the She Leads pilot.

Responsibilities of the Trustees

Charity law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the year then ended.

In preparing those financial statements which give a true and fair view, the Trustees should follow best practice and:

select suitable accounting policies and then apply them consistently
make judgments and estimates that are reasonable and prudent
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue on that basis
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2006.
The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The financial statements were approved by the Trustees on 28 November 2022.

Signed on their behalf by Josie Swords, Co-Chair YWCA Great Britain.

INDEPENDENT EXAMINER'S REPORT

Report to the YWCA OF GREAT BRITAIN trustees of

On accounts for 31 March 2021 Charity no 249895 the year ended

Respective The trustees of the organisation are responsible for the preparation of responsibilities of accounts; they consider that an audit is not required for this year under trustees and section 144(2) of the Charities Act 2011 and that an Independent examiner Examination is needed. It is my responsibility to • examine the accounts (under section 145 of the 2011 Act), • follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and • state whether particular matters have come to my attention.

Basis of My examination was carried out in accordance with General Directions independent given by the Charity Commissioners. An examination includes a review of examiner’s the accounting records kept by the charity and a comparison of the statement accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

Independent In the course of my examination, no matter has come to my attention: examiner's 1. which gives me reasonable cause to believe that in, any material statement respect, the trustees have not met the requirements to ensure that: • proper accounting records are kept (in accordance with section 130 of the Act); and • accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 5 December 2022 Name: Mark Thompson MAAT Address: 42 Lesbury Road Newcastle NE6 5LB

YWCA OF GREAT BRITAIN

Statement Of Financial Activities For the year ended 31 March 2021

Incoming Resources Notes Donations and membership fees 2 Investment income Sundry Income Total Incoming Resources Resources Expended Direct Charitable Expenditure Secretariat costs Freelance Fees World and European affiliation fees SheLeads Raising funds Governance costs Trustee meetings Independent examination fees Printing & stationery Insurance and bank charges Total Resources Expended Net income (expenditure) for the year Net Movement Between Funds Total Funds as at 1 April 2020 . Total Funds as at 31 March 2021	Unrestricted Funds 83669 6005 58931 300 148905 182 4522 1481 2808 1424 10417 138488 0 381276 519764	Restricted Funds 0 0 0 0 0 0	Total Funds 2021 83669 6005 58931 300 148905 182 4522 1481 0 2808 1424 0 0 0 10417 138488 0 381276 519764	Total Funds 2020 6619 10826
				17445
				2452 189 7000 2017
				11658
				5787 0 375489
				381276

YWCA OF GREAT BRITAIN

Balance Sheet as at 31 March 2021

Notes Fixed Assets Investments Currents Assets Cash at bank and in hand Current Liabilities Net Current Assets Net Assets Funds Restricted Funds General Funds	£ £ 427525 92239 92239 92239 519764 0 519764 519764 2021	£ £ 365397 15879 15879 15879 381276 0 381276 381276 2020	£ £ 365397 15879 15879 15879 381276 0 381276 381276 2020
	92239	15879
			381276

The financial statements were approved by the Trustees on 28 November 2022. Signed on their behalf by Josie Swords, Co-Chair YWCA Great Britain.

YWCA OF GREAT BRITAIN

Notes to the financial statements for the year ended 31 March 2021

1 Accounting Policies

1.1 Basis of preparation of accounts

Financial statements have been prepared in accordance with 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 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006

YWCA meets the definition of a public benefit entity under FRS 102. Assets

and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

2 Going Concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

3 Assets - Investments

Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The investments of the charity are managed by Investec, investment managers and are invested in cash and UK equities through a Legal & General Ethical Trust. They are shown at market valuation as at the end of the year. Any movement in valuation is disclosed in the statement of financial activities.

4 Trustees’ remuneration and expenses

No remuneration is paid to trustees. The trustees are reimbursed for individual expenses incurred whilst acting on behalf of the charity. The expenses reimbursed were travel, accommodation and child care costs.

5 Employees

No staff were directly employed by the charity during this period.