Registered number: 01837296 Charity number: 291415
SAFE FOUNDATION
(A company limited by guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
SAFE FOUNDATION (A company limited by guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the company, its Trustees and advisers | 1 |
| Trustees' report | 2 - 20 |
| Independent examiner's report | 21 - 22 |
| Statement of financial activities | 23 |
| Balance sheet | 24 - 25 |
| Statement of cash flows | 26 |
| Notes to the financial statements | 27 - 43 |
SAFE FOUNDATION (A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024
Trustees
T Davies-Pugh M Peckham, Chair M Sahota
Company registered number
01837296
Charity registered number
291415
Registered office
1 Alba Court Emperor Way Exeter Business Park Exeter EX1 3QS
Senior management team
E Morris L Skye E Hall B Kavanagh J Brown
Accountants
Griffin Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the company for the 1 April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The Objects of the Charity are for the public benefit to support women, men and children affected by trauma, domestic abuse and violence, in particular (but not exclusively) by:
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a) Providing relief and therapeutic support for people impacted by the effects of trauma, domestic abuse and violence;
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b) Promoting awareness of the impact of trauma, domestic violence and abuse and the adoption of strategies to enable recovery; and
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c) Advancing the education of the public in the subject of trauma recovery, domestic abuse and violence.
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SAFE FOUNDATION
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
b. Activities undertaken to achieve objectives
SAFE’s vision is for a world free from the impact of trauma.
SAFE’s mission is to:
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Provide therapy and training to support families and individuals to break the cycle of abuse.
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Be a leading voice in trauma recovery through cutting edge research and innovation.
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Drive an ecosystem wide approach across communities and supporting agencies.
SAFE has six core pillars which provide the foundation for the organisation. Our pillars set out the behaviours, beliefs and attitudes that define our culture and underpin our work and decision making:
Boundaries:
To empower change through clarity and openness in communication Respect: To relate without judgment and embrace others’ diversity, experience, and views Honesty: To speak truthfully and listen to the truth of others Continuity: To provide sustainability, empathy, and integrity Negotiation: To be flexible and seek opportunities to learn Boldness: To challenge, innovate and create
At the core of SAFE’s mission are the people and relationships we nurture, driving our commitment to provide exemplary services to those recovering from trauma. Through continuous innovation and challenges, we strive to realise our vision of a world free from the effects of trauma.
As we reflect on the past year, it is with a sense of profound dedication and resilience that SAFE has not only sustained its efforts but also significantly intensified its initiatives in response to the evolving challenges presented by the global landscape. Amidst the persistent shadow cast by the pandemic and the escalating cost of living, the communities we serve have faced unprecedented pressures. Nonetheless, our adaptability and unwavering commitment to providing support have remained steadfast. Over the course of this year, we have not merely maintained our operational capabilities; we have substantially enhanced our flexibility and depth in service delivery. This includes integrating innovative peer support mechanisms and further expanding our accessibility to reach the most vulnerable segments of society.
Our strategic approach has been meticulously designed to prioritise understanding and addressing the unique needs of each individual and family we assist. This focus has solidified our reputation as a pillar of trust and a beacon of hope within the community. As a result of our deepened engagement, we have observed higher retention rates and a burgeoning, invested community that is eager to embark on their recovery journeys and contribute to building a resilient society.
Building upon the solid foundation established over recent years has been characterised by a significant expansion in service delivery, enriched partnerships, and a fortified sense of community resilience. The Domestic Abuse Act 2021, along with ever-pressing societal needs, continue to be central influencers on our mission. These elements guide our strategies and initiatives to ensure that survivors and their families receive timely and effective support, and that their voices are not only heard but acted upon with urgency and empathy. This comprehensive approach underscores our commitment to driving positive change and fostering a supportive environment for all those we serve.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
Listening to those with Lived Experience
The integration of lived experience and the attentive listening to service users are not merely beneficial practices; they are foundational to the efficacy and integrity of service delivery across various sectors, particularly in health and social care. When organisations prioritise these voices, they unlock profound insights and foster a more compassionate, effective, and responsive service environment.
Empowering True Expertise
Individuals with lived experience possess an irreplaceable form of expertise. Their firsthand knowledge provides a unique perspective that cannot be replicated through theoretical knowledge alone. By actively incorporating their insights into programme design, policy formulation, and service delivery, we can address real needs more accurately and innovate more effectively. This collaboration ensures that our services are not only tailored to meet the actual conditions and challenges faced by users but also adapted to the nuanced ways in which different populations interact with us.
Enhancing Service Relevance and Effectiveness
Listening to service users helps to ensure that the services we provide remain relevant and truly beneficial. It allows for the identification of gaps in current offerings and highlights opportunities for improvement. For instance, in mental health services, understanding patient experiences with treatment regimes can lead to adjustments that significantly improve therapeutic outcomes. Similarly, in social services, feedback from clients can lead to the development of support systems that are more aligned with the users’ needs, such as flexible scheduling or culturally sensitive practices.
Building Trust and Engagement
When service users see that their voices are heard and valued, they are more likely to engage with our services and participate actively in their own care or recovery plans. This increased engagement not only enhances individual outcomes but also builds trust between us and the communities we serve. Trust is crucial, particularly in areas where scepticism towards organisations can be a significant barrier to access.
Promoting Equity and Justice
Incorporating the voices of those with lived experience is also a matter of equity. Many communities, especially marginalised or historically underserved groups, have often been the subjects of policies and practices designed without their input. By centring these voices, we can challenge systemic inequities and contribute to a more just society. This approach acknowledges the expertise of all individuals, regardless of their social, economic, or cultural backgrounds, and ensures that services are designed to be inclusive and equitable.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
Driving Systemic Change:
Beyond improving individual services, the systemic inclusion of lived experience can drive broader societal changes. It can influence public perceptions, reduce stigma, and encourage a more holistic understanding of various social issues. Policy makers and leaders are better informed to make decisions that reflect the realities of those most affected by their decisions, leading to more sustainable and impactful solutions.
In conclusion, the importance of listening to the voice of lived experience and service users transcends mere data collection - it is about respecting, valuing, and actively responding to the wisdom and needs of those served. Such a practice not only improves the quality and effectiveness of services but also dignifies those who use them, creating a more equitable, just, and empathetic society.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
c. Partnerships and Community Engagement
Embedding shared values and vision for the future: our approach to partnership working is deeply rooted in the belief that collaboration amplifies our ability to make meaningful changes. It is a cornerstone of how we operate, enabling us to achieve objectives that would be beyond our reach if we were working in isolation. This collaborative ethos is underpinned by a strong commitment to shared values and a vision that binds us and our partners together in a mutual quest for impact.
At the heart of our partnerships are the core values we hold dear: a relentless pursuit of excellence, unwavering integrity, complete transparency, and a profound respect for diversity. These principles guide our actions and shape the very culture of our collaborations. They ensure that every decision we make and every action we take is in service of a common purpose, forging a path towards collective success.
By committing to these shared values, we create a foundation of trust that enables all parties to work together seamlessly. This trust is crucial for fostering open communication, encouraging innovative thinking, and enabling all partners to contribute their best. In this way, our approach to partnership working is not just about combining resources, it's about creating a synergy that propels us towards our shared goals more effectively and efficiently, always with the common good at the forefront.
Our vision paints a vivid picture of the future we are striving to create. It serves to guide us through the complexities and challenges inherent in our work. This vision of a better, more equitable world is what draws us together, aligning our diverse talents and resources in a powerful synergy. It inspires us, drives us, and reminds us of the larger purpose behind our daily efforts. Through this unity of purpose and commitment, we are not just working alongside each other, we are working as one, moving steadfastly towards our shared aspirations.
Strategies we have applied for embedding shared values and vision through this partnership funding and the learning captured include:
Co-creation:
developing shared values and a vision should be a co-creative process involving all partners. This ensures buyin and reflects the collective aspirations and commitments of the group.
Communication:
regular, open, and transparent communication is crucial for reinforcing shared values and keeping the vision at the forefront of our partners' minds. This involves regular meetings and shared platforms for dialogue and feedback.
Integration into practice:
shared values and vision should be embedded into the operational practices and policies of the partnership. This could also mean integrating them into performance metrics, decision-making frameworks and project methodologies, and we continue to explore this.
Leadership commitment:
leaders within the partnership must embody the shared values and champion the vision. Their commitment sets the tone and is key to inspiring and motivating others.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities (continued)
Continuous learning and adaptation:
partnerships need to foster a culture of learning and adaptability, allowing the shared values and vision to evolve in response to new insights or changes in the external environment. Regular reviews and reflective practices are supporting this. When effectively embedded, shared values and vision can transform a partnership from a collection of individual entities into a cohesive force for positive change. This enhances trust, facilitates conflict resolution, and improves collaboration, leading to outcomes that are not only more impactful but also more sustainable. Partnerships grounded in shared values and vision are better equipped to navigate the complexities of today's challenges, making them a powerful strategy for achieving lasting social impact.
Strengthened community resilience:
our collaborations with local authorities, educational institutions, and healthcare providers have been deepened, fostering a supportive ecosystem that enables more effective and widespread support for those in need.
Innovative partnerships:
we have launched new partnerships and pilot programmes aimed at preventing domestic abuse and supporting survivors, leveraging technology and community resources to reach more individuals and families.
d. Volunteers
Whilst there is a paid staff team in the organisation, volunteers are central to the provision of support to the public. During the reporting year, there were on average 18 active volunteers. Volunteers receive support and supervision and follow policy and guidance.
e. Public Benefit
Trustees of the Charity have complied with the duty in S.4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission. The Charity provides a public benefit by providing the public in its area of benefit with accessible, confidential, and impartial support regardless of age, gender, race, disability or sexuality.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
a. Outcomes
Key Achievements and Developments During the Year
Enhanced Service Delivery
Expansion of Flourishing Families programme:
We have significantly expanded the scope and reach of our comprehensive support for families, incorporating advanced therapeutic interventions and support mechanisms to address the intricate needs of both adults and children affected by domestic abuse.
Flourishing Futures:
In our commitment to providing comprehensive support, Flourishing Futures has implemented a multifaceted array of interventions tailored to meet the diverse needs of young people, families, and educational professionals. These interventions encompass a spectrum of services, including one-on-one therapeutic sessions, storytelling workshops, peer group programmes, and whole-family interventions. Furthermore, our engagement extends beyond the confines of individual sessions, with our practitioners actively participating in school training sessions, consultancy services, and multi-disciplinary meetings. This rounded approach not only ensures the holistic well-being of young people but also fosters a culture of collaboration and knowledge-sharing within the educational landscape.
In our efforts to support young people, families, and school professionals, Flourishing Futures has provided a range of services, including:
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One-on-one therapeutic sessions for young men and boys
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Storytelling sessions for young men and boys
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Peer group programs for young men and boys
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Whole-family sessions
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School training and awareness sessions
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School consultancy services for individual staff members or teams
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Participation in multi-disciplinary meetings
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Attendance at in-school exclusion/inclusion forums
Moreover, parents have access to their own one-on-one counselling and therapeutic group programmes through other initiatives delivered by SAFE.
Trauma Therapy Service:
SAFE Foundation has been awarded a contract by Devon County Council to implement a comprehensive counselling and therapeutic intervention service for victims and survivors of domestic abuse. This pivotal service will be operational for a two-year period, beginning on April 1, 2023, and concluding on March 31, 2025.
Designed to address the specific needs outlined in the contract, the Trauma Therapy Service integrates several critical elements to enhance accessibility and effectiveness. It provides no-cost services at the point of access and adopts a flexible approach to meet the diverse needs of service users. The service offers multiple therapeutic modalities, ensuring clients can choose the approach that best suits their needs. By facilitating choice and removing barriers to access, the service aims to reach individuals who are most removed from support networks and deliver high-quality, trauma-responsive care by qualified therapists with specialised knowledge in domestic abuse.
In alignment with these goals, we have launched a service that operates seven days a week, including early morning and evening appointments, to accommodate varying schedules. Therapy is available face-to-face,
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
(continued)
online, or via telephone, and includes both individual and group sessions. This personalised approach ensures that each client receives tailored support based on their specific circumstances. Additionally, recognising the value of peer-to-peer interactions in fostering long-term recovery, this component is an integral part of our service structure.
Strategic and Collaborative Efforts:
During the year, SAFE has deepened its commitment to collaborative partnership and multidisciplinary approaches, significantly enhancing our service delivery and impact. Recognising the complex and multifaceted nature of domestic abuse we have forged strong alliances and worked closely with various agencies and services, underscoring our holistic approach to support and recovery.
Devon Schools Wellbeing Partnership:
Our collaboration here has been pivotal in addressing the emotional and psychological needs of children and young people affected by domestic abuse. This partnership has enabled us to integrate wellbeing practices into school environments, ensuring children receive continuous support that's both preventive and responsive.
The Serious Violence Reduction Group:
Working with this group has allowed us to contribute to broader strategies aimed at reducing violence within communities. Our involvement ensures that the nuances of domestic abuse and its impact on families are considered in developing comprehensive violence reduction policies.
Youth Services and Children's Services: our engagement with Youth Services and Children's Services has been instrumental in creating a safety net for young people at risk. By aligning our efforts, we've provided a seamless support network that prioritises the safety and well-being of young individuals, addressing their needs from multiple angles.
Children's Centres: through collaboration with Children's Centres, we've extended our reach to families and children at the earliest stages, ensuring access to support and resources that foster safe and nurturing environments. These centres have been crucial access points for families in need of immediate assistance and long-term support.
Young People's Specialised Services Focusing on the Voice of the Child:
Recognising the importance of empowering children and young people to express themselves and be heard, we have partnered with specialised services that prioritise the voice of the child. This collaboration has strengthened our commitment to child-centred approaches, ensuring that young people's perspectives and experiences directly inform our programmes and interventions.
These partnerships reflect our integrated approach to addressing domestic abuse, focusing on prevention, support, and recovery. By working collaboratively with a diverse range of agencies and services, we ensure a comprehensive support system that is responsive to the nuanced needs of individuals and families affected by domestic abuse. Our commitment to these partnerships underscores our belief in a community-wide response to domestic violence, where every sector plays a role in supporting survivors and promoting a culture of safety, respect, and healing.
OUTCOMES:
During the financial year, we have received requests for support from 1322 individuals and families. As we assess the outcomes of the past year, we are heartened by the tangible progress and transformative impact witnessed among our stakeholders. Our endeavours have yielded commendable results, including enhanced emotional well-being, improved mental health, strengthened familial bonds, and heightened resilience among young people. Moreover, our collaborative efforts with educational institutions have facilitated positive shifts in school culture, evidenced by improved attendance rates, enhanced academic engagement, and a palpable
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
(continued)
sense of community cohesion. These outcomes underscore the efficacy of our approach and reaffirm our commitment to catalysing sustainable change within our community.
We remain committed to a rigorous process of monitoring and evaluating our impact across the community. This ongoing assessment is not just about measuring our successes but is vital in identifying areas where our efforts can be intensified or redirected. We will use both quantitative data and qualitative feedback to gain a comprehensive understanding of how our work has resonated within the community. This will involve direct engagement with community members, partners, and stakeholders to gather insights and perspectives. Our goal is to ensure that, even as this project concludes, we lay the groundwork for sustained positive change, pinpointing opportunities for future initiatives to build upon our achievements. This reflective and forward-looking approach is central to our commitment to making a lasting difference in the community we serve.
As we delve deeper into our evaluation process, we will be particularly focused on uncovering potential new areas of work that hold promise for instigating change at a more profound level. These areas will be identified through a lens of innovation and sustainability, aiming to address immediate community needs as well as tackling underlying systemic issues that have long-term implications.
Moreover, we recognise the potential of our work to influence local and national change. By scaling successful interventions and leveraging our findings, we aim to contribute to policy discussions and reforms. We will seek partnerships with other organisations and government bodies to amplify our impact, drawing on a rich tapestry of data and stories from our community engagement. This approach will enable us to advocate for changes that benefit not only our immediate community but also set precedents for broader societal transformations.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
(continued)
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
(continued)
b. Beneficiary and stakeholder feedback
Comments from children:
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
(continued)
Comments from adults:
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
(continued)
Comments from professionals:
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
(continued)
Financial review
a. Financial Review
Income for the year totalled £838,247 (2023: £759,112). Total resources expended amounted to £808,316 (2023: £681,491). The balance of funds at 31 March 2024 was £372,475 (2023: £342,544). In the year a proportion of these funds were restricted and could only be used for specific purposes. The balance of restricted funds at 31 March 2024 was £Nil (2023: £32,357) (restricted funds in surplus). The balance of unrestricted funds at 31 March 2024 was £372,475 (2023: £310,187) (unrestricted income funds).
b. Investment Policy
As required by its Articles in furtherance of its objectives, the company has the power to invest the monies of the company not immediately required for its purposes in or upon such investments, securities or property as may be thought fit, subject to any conditions and consents that may be imposed or required by law.
c. Reserves Policy
Following best practice guidance SAFE continues to operate a reserves policy whereby funds held by the Charity, but not otherwise committed, are set aside to meet any unforeseen financial challenges that might arise in the following year. This would allow the charity to continue activities following any significant reduction in funding as well as sufficient time to potentially raise alternative funds. The trustees have determined that the appropriate level of reserves should be the equivalent of 3 - 6 months' operating expenses, £134,000, and any remaining funds are held as designated funds for future project use. The total unrestricted funds as at 31 March 2024 was £372,475. Currently the Charity has not designated any material amounts for future use.
Structure, governance and management
a. Constitution
The Charity is controlled by its governing document, the Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The Charity is constituted as a company limited by guarantee and is therefore governed by Articles of Association.
The Trustees of the Charity are also the Directors for the purposes of Company Law. Eligibility for membership of the Charity and membership of the Board of Trustees is governed by the Articles of Association.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management (continued)
b. Methods of appointment or election of Trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association. Prospective Trustees go through a rigorous application and induction process and references are taken before they are invited to attend a monthly Board meeting. We require all trustees to undergo an enhanced Disclosure Barring Service check. And, as good practice and to comply with the rigors of funding applications, trustees are all asked to do on-line Safeguarding training or, to provide proof of a recently completed and relevant course. Induction includes being given copies of key SAFE documents and agreeing confidentiality, a code of conduct, eligibility and conflict of interests. After attending two Board meetings applicants are eligible to become Trustees and may be invited to do so if agreed by the rest of the Board. Trustees serve for a term of 3 years and may be appointed to serve further terms.
c. Organisational structure and decision-making policies
The Trustees are accountable for ensuring that SAFE Foundation has a clear strategy, that it remains true to its original vision and that it discharges all its financial and legal obligations.
The Board of Trustees meet quarterly.
The day-to-day making and responsibility for management of the charity is delegated to a full-time Chief Executive who reports on performance against the Strategic Business Plan. Accounting services are outsourced and Management Accounts are prepared for all Board of Trustee meetings. Those decisions with high financial and/or strategic implications are taken to the Board of Trustees who are responsible for making such decisions as required. Regular monthly supervision sessions are held with the Chief Executive.
Members of the Board, usually with the CEO, form Committees with specific tasks. From time to time task and finish working groups are created as they are needed.
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SAFE FOUNDATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Plans for future periods
As we enter the next financial year, SAFE is poised to further broaden our impact, driven by innovation, collaboration, and a deep commitment to the individuals and communities we serve. Our strategic focus will continue to evolve in response to emerging challenges, ensuring that we remain at the forefront of support services for survivors of domestic abuse and their families. With strengthened foundations and a clear vision, we are dedicated to fostering healing, resilience, and positive change, ensuring a safer, stronger society for all.
We remain committed to a rigorous process of monitoring and evaluating our impact across the community. This ongoing assessment is not just about measuring our successes but is vital in identifying areas where our efforts can be intensified or redirected. We will use both quantitative data and qualitative feedback to gain a comprehensive understanding of how our work has resonated within the community. This will involve direct engagement with community members, partners, and stakeholders to gather insights and perspectives. Our goal is to ensure that, even as this project concludes, we lay the groundwork for sustained positive change, pinpointing opportunities for future initiatives to build upon our achievements. This reflective and forward-looking approach is central to our commitment to making a lasting difference in the community we serve.
As we delve deeper into our evaluation process, we will be particularly focused on uncovering potential new areas of work that hold promise for instigating change at a more profound level. These areas will be identified through a lens of innovation and sustainability, aiming to address immediate community needs as well as tackling underlying systemic issues that have long-term implications.
Moreover, we recognise the potential of our work to influence local and national change. By scaling successful interventions and leveraging our findings, we aim to contribute to policy discussions and reforms. We will seek partnerships with other organisations and government bodies to amplify our impact, drawing on a rich tapestry of data and stories from our community engagement. This approach will enable us to advocate for changes that benefit not only our immediate community but also set precedents for broader societal transformations.
In doing so, we will prioritise areas that promise to utilise technology and innovation to combat domestic abuse, ensuring that our interventions align with global best practices while being deeply responsive to the specific needs and challenges faced by survivors within our community. The insights gained from this past year of delivery will inform and serve as a guiding light for future efforts aimed at creating safer, more supportive environments for survivors of domestic abuse. Using data analytics, we aim to proactively identify individuals at risk and provide them with timely interventions, ensuring a supportive response that is both effective and empathetic. This may include creating and deploying innovative digital tools tailored for mental health support and recovery from domestic abuse and trauma, offering confidential and accessible resources for those in need. Additionally, we are committed to championing policy reforms that prioritise mental wellbeing and trauma recovery, advocating for a framework that not only protects but also empowers individuals on their journey towards healing and resilience.
Our goal is to build a comprehensive support system that recognises the complexities of trauma and mental health, offering a pathway to recovery that is informed, inclusive, and deeply compassionate. Through these efforts, we aspire to contribute to a broader societal shift towards zero tolerance for domestic abuse, ensuring a more equitable and resilient future for all individuals.
Funds held as custodian
No funds are held as custodian.
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SAFE FOUNDATION {A company limited by guarantoo) TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Mombors, Ilabllity Thè Members of the Gompany guarantee lo contrlbute an amount not exceeding £1 to th8 assets of the company In the event of wlnd1ng up. statsment of Trustoe¥' re$ponslbllltlo8 The Trustees (who are also the dlrg¢tors of the cornpany for the purposes of company lawl ar6 responslblg for preparlng Ihg Trustees, report and the financlal statements in acoordance wllh appllcable law and Unlted Klngdom Aecountlng Standards Iunlled Klngdom Generally Accepted AccountSng Pr8cllcel. Company law r8qulres the Twslees to prepar8 flnancSal ¥latemenls for each financl81 . Under Company law. the Trustees mu81 not approvo the flnanclal $tstements un1è8s they aro salisli8d that they g1ve 8 true and faST view of the stale of affalrs of the company and ol Ils incomSng resources and appllcalion of resources, Includlng Its income and &xpenditure, for that perlod. In preparlng these fln8ncial stalgmants, the Trusl&¢s 8r8 rèqulred lo.. 8glècl 8Uitable accountlng polldes and then apply them conslslanuy; obs8TVe th& mgthods and principl85 of the ChaTlti88 SORP IFRS 1021., mak8 judgments and accounting èsllmales that are rga80nable and prudent., 81ale whether 8ppll¢8ble UK Accounllng Sl8nd8rds (FRS 1021 have b09n followgd, subjeol to any maleridl d&partures dl$cl¢sed and axplalngd In the financlal ststem8nt8', prepare the financlal statements on the golng Goncern basis unless It18 inapproprlate lo presume that th& ¢ompany will contlnu8 In buslne8S. The Trustees are responslblé for keeplng adèquate accounllng r8cords that are suffKlenl lo show and explaln the companls transactions and disclose wlth reasonablg accuraoy at any tlme the financial position of the ¢ompany and enabl8 them to ensure that thè financial slalemenls comply wllh the Companles Act 2006. They are also responsiblg for safoguarding the assets of the company and hénce for tsking reasonable steps for the prevenllon and detection of traud and other Irregularities. Approved by order of the m8mb8rs of th8 k)oard of Tru$lee$ on oriii IL* and signed on their behalf by.. M Peckham (Chair of Trustees} Page 20
SAFE FOUNDATION (A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024
Independent examiner's report to the Trustees of SAFE Foundation ('the company')
I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 March 2024.
Responsibilities and basis of report
As the Trustees of the company (and 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 the company's accounts 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
Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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)].
Page 21
SAFE FOUNDATION (A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
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.
Signed: Dated: 14/11/2024
Laura Waycott FCA
Griffin
Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ
Page 22
SAFE FOUNDATION (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024
| Note Income from: Donations and legacies 4 Charitable activities 5 Investments 6 Total income Expenditure on: Raising funds Charitable activities 7 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2024 £ 62,392 7,255 2,923 72,570 6,761 3,521 10,282 62,288 310,187 62,288 372,475 |
Restricted funds 2024 £ 765,677 - - 765,677 23,369 774,665 798,034 (32,357) 32,357 (32,357) - |
Total funds 2024 £ 828,069 7,255 2,923 838,247 30,130 778,186 808,316 29,931 342,544 29,931 372,475 |
Total funds 2023 £ 752,634 6,270 208 |
|---|---|---|---|---|
| 759,112 | ||||
| 20,457 661,034 |
||||
| 681,491 | ||||
| 77,621 | ||||
| 264,923 77,621 |
||||
| 342,544 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 27 to 43 form part of these financial statements.
Page 23
(A company limited by guarantee) REGISTERED NUMBER: 01837296
SAFE FOUNDATION
BALANCE SHEET AS AT 31 MARCH 2024
| Note Fixed assets Tangible assets 12 Investments 13 Current assets Debtors 14 Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 17 Unrestricted funds 17 Total funds |
29,576 353,876 383,452 (18,188) |
2024 £ 6,578 633 7,211 365,264 372,475 372,475 372,475 - 372,475 372,475 |
20,464 341,604 362,068 (37,881) |
2023 £ 17,724 633 |
|---|---|---|---|---|
| 18,357 324,187 |
||||
| 342,544 | ||||
| 342,544 | ||||
| 342,544 | ||||
| 32,357 310,187 |
||||
| 342,544 |
Page 24
SAFE FOUNDATION IA company Ilmlted by guarante•l BALANCE SHEET (CONTINUED} AS AT 31 MARCH 2024 The company was enlltled to exempllon from audli und8r section 477 of the Companies Act 2006. The members have not required the wmpgny to obtsin an audit for the year In question In accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complylng tho requlrements of the Act with respect to accounting records and preparation of financial statements. The financlal statements have bèan prepared In accordance wllh the provlslons appllcab18 to entllles subl6ct to the small ¢ompenigs rggime. Tho fln¥n¢S81 slal?mgnts were approved and 8uthorl$ed fvr Issue by the Trustees and slgned on thelr behalf by.. Peckham (Chair of Tw$tge$) D818.. ofiii/L The note8 on pages 27 10 43 form part of these flnanclal 81atements. Page 25
SAFE FOUNDATION (A company limited by guarantee)
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024
| Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Dividends, interests and rents from investments Proceeds from the sale of tangible fixed assets Purchase of tangible fixed assets Net cash provided by/(used in) investing activities Cash flows from financing activities Net cash provided by financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year The notes on pages 27 to 43 form part of these financial statements |
2024 £ 9,275 2,923 4,750 (4,676) 2,997 - 12,272 341,604 353,876 |
2023 £ 62,396 208 - (714) (506) - 61,890 279,714 341,604 |
|---|---|---|
Page 26
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. General information
The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. The registered office is 1 Alba Court, Emperor Way, Exeter, EX1 3QS.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
SAFE Foundation 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.
2.2 Going concern
The Charity has considered its position over the next 12 months and with unrestricted reserves of £372,475, they have concluded that they are a going concern.
2.3 Income
All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but 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, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
Page 27
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
2. Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £50 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line and reducing balance method.
Depreciation is provided on the following bases:
Motor vehicles - 20% reducing balance - Fixtures, fittings and equipment 20% straight line
2.7 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
Page 28
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
2. Accounting policies (continued)
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.11 Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.12 Pensions
The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.
Page 29
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
2. Accounting policies (continued)
2.13 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
3. Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Critical accounting estimates and assumptions:
The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.
Critical areas of judgment:
Depreciation is estimated over the useful economic life of an asset in order to write off the value of this asset in line with life.
Page 30
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
4. Income from donations and legacies
| Unrestricted funds 2024 £ Donations 2,406 Grants 59,986 62,392 Unrestricted funds 2023 £ Donations 3,968 Grants 76,858 80,826 |
Restricted funds 2024 £ - 765,677 765,677 Restricted funds 2023 £ 110,992 560,816 671,808 |
Total funds 2024 £ 2,406 825,663 |
|---|---|---|
| 828,069 | ||
| Total funds 2023 £ 114,960 637,674 |
||
| 752,634 |
Page 31
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Analysis of grants received
| The National Lottery Community Fund Children in Need Devon County Council Northbrook Community Fund Rayne Foundation Devon Community Foundation Masonic Various small grants Lloyds Bank Foundation Wolfson Foundation The Kelly Family Grant Henry Smith Charitable Trust The Norman Family FearFree Health Opportunities Devon CIC Paul Hamlyn Foundation David Gibbons Norman Family Arnold Clark Strategic Partnership HSBC SFX Foundation Society of the Holy Child Jesus David Roddell Focus Foundation The Sir Jules Thorn Charitable Trust Schroder Charity Linder Foundation |
2024 £ 259,426 28,651 303,600 - 20,000 - 20,000 984 - - - 88,600 2,002 55,000 2,000 33,000 1,500 - - 900 - 10,000 - - - - - 825,663 |
2023 £ 185,210 9,047 244,270 10,000 - 9,000 - 4,608 2,250 - - 62,800 - - - 32,500 2,500 2,000 1,000 20,000 5,000 20,000 5,000 6,990 2,500 3,000 10,000 |
|---|---|---|
| 637,675 |
Page 32
SAFE FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
5. Income from charitable activities
| Unrestricted funds 2024 £ Domestic Violence Recovery 7,255 Unrestricted funds 2023 £ Domestic Violence Recovery 6,270 Investment income Unrestricted funds 2024 £ Bank interest receivable 2,923 Unrestricted funds 2023 £ Bank interest receivable 208 |
Total funds 2024 £ 7,255 |
|---|---|
| Total funds 2023 £ 6,270 |
|
| Total funds 2024 £ 2,923 |
|
| Total funds 2023 £ 208 |
6. Investment income
Page 33
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
7. Analysis of expenditure on charitable activities
Summary by fund type
| Unrestricted funds 2024 £ Domestic Violence Recovery 3,521 Domestic Violence Recovery |
Restricted funds 2024 £ 774,665 Restricted funds 2023 £ 661,034 |
Total 2024 £ 778,186 |
|---|---|---|
| Total 2023 £ 661,034 |
8. Analysis of expenditure by activities
| Domestic Violence Recovery Domestic Violence Recovery |
Activities undertaken directly 2024 £ 535,807 Activities undertaken directly 2023 £ 374,350 |
Support costs 2024 £ 242,379 Support costs 2023 £ 286,684 |
Total funds 2024 £ 778,186 |
|---|---|---|---|
| Total funds 2023 £ 661,034 |
Page 34
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
8. Analysis of expenditure by activities (continued)
Analysis of direct costs
| Staff costs Supervision, training and support Travel and subsistence Premises costs Other Counselling |
Total funds 2024 £ 165,150 80,456 7,068 26,922 5,131 251,080 535,807 |
Total funds 2023 £ 144,023 36,289 4,042 20,574 839 168,583 |
|---|---|---|
| 374,350 |
Analysis of support costs
| Staff costs Depreciation Supervision, training and support Travel and subsistence Premises costs Office costs Governance Bad debt Professional fees Accountancy fees Profit/Loss on disposal |
Total funds 2024 £ 146,988 5,174 19,502 2,425 23,962 15,021 2,786 - 15,693 4,930 5,898 242,379 |
Total funds 2023 £ 195,506 6,119 21,228 2,535 27,252 11,247 2,662 185 14,300 5,650 - |
|---|---|---|
| 286,684 |
9. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £572 (2023 - £535) , and accounts preparation fee of £1,145 ( 2023 - £1,070 ).
Page 35
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
10. Staff costs
| Wages and salaries Social security costs Contribution to defined contribution pension schemes |
2024 £ 311,272 20,252 5,949 337,473 |
2023 £ 323,981 26,144 6,874 |
|---|---|---|
| 356,999 |
The average number of persons employed by the company during the year was as follows:
| Management and administration of charity Direct charitable activity |
2024 No. 4 6 10 |
2023 No. 4 7 |
|---|---|---|
| 11 |
No employee received remuneration amounting to more than £60,000 in either year.
The key management personnel of the charity comprise the senior management team as listed on page 1. The total amount of employee benefits (including employer pension contributions and employer national insurance contributions) received by key management personnel for their services to the charity was £162,268 (2023: £196,118).
11. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .
During the year ended 31 March 2024, expenses totaling £ 368 were reimbursed or paid directly to 1 Trustee (2023 - £497 paid to 2 Trustees during the year), this was for reimbursement of travel and subsistence.
Page 36
SAFE FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
12. Tangible fixed assets
| Cost or valuation At 1 April 2023 Additions Disposals At 31 March 2024 Depreciation At 1 April 2023 Charge for the year On disposals At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 13. Fixed asset investments Cost or valuation At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 |
Motor vehicles £ 27,845 - (27,845) - 16,439 2,281 (18,720) - - 11,406 |
Furniture and equipment £ 16,713 4,676 (6,927) 14,462 10,395 2,893 (5,404) 7,884 6,578 6,318 |
Total £ 44,558 4,676 (34,772) 14,462 26,834 5,174 (24,124) 7,884 6,578 17,724 Trade investments £ 633 633 633 |
|---|---|---|---|
Page 37
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
14. Debtors
| Due after more than one year Other debtors Due within one year Trade debtors Prepayments and accrued income |
2024 £ 8,955 8,955 7,390 13,231 29,576 |
2023 £ 8,955 |
|---|---|---|
| 8,955 - 11,509 |
||
| 20,464 |
15. Creditors: Amounts falling due within one year
| Trade creditors Other taxation and social security Other creditors Accruals and deferred income |
2024 £ - 5,730 1,158 11,300 18,188 |
2023 £ 2,995 10,878 1,478 22,530 |
|---|---|---|
| 37,881 |
16. Accruals and deferred income
| Deferred income at 1 April 2023 Amounts released from previous periods Deferred income at 31 March 2024 |
2024 £ - - - |
2023 £ 55,950 (55,950) |
|---|---|---|
| - |
Page 38
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
17. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds Restricted funds Children and Families Service Charity vehicle Total of funds |
Balance at 1 April 2023 £ 310,187 22,936 9,421 32,357 342,544 |
Income £ 72,570 765,677 - 765,677 838,247 |
Expenditure £ (10,282) (788,613) (9,421) (798,034) (808,316) |
Balance at 31 March 2024 £ 372,475 |
|---|---|---|---|---|
| - - |
||||
| - | ||||
| 372,475 |
The specific purpose for which the funds are to be applied are as follows:
Children and Families Service : Delivers support in the community for children and young people aged from 5 to 17 who are affected by domestic violence and abuse. The fund also includes: Boys & Young Men Community Support, which delivers support in the community for boys and young men aged 5 to 18 who are affected by domestic violence and abuse; and Flourishing Families, which supports children and parents to recover from the trauma of domestic abuse together.
Charity vehicle: Funds used to purchase a vehicle to allow the charity to take children and young people that they work with on trips and activities in order to help improve their emotional wellbeing and help them to heal from the trauma experienced. This fund is reduced each year with the allocation of depreciation charged over the assets useful economic life.
Page 39
SAFE FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
17. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds Restricted funds Children and Families Service Charity vehicle Total of funds |
Balance at 1 April 2022 £ 222,883 30,264 11,776 42,040 264,923 |
Income £ 87,304 671,808 - 671,808 759,112 |
Expenditure £ - (679,136) (2,355) (681,491) (681,491) |
Balance at 31 March 2023 £ 310,187 |
|---|---|---|---|---|
| 22,936 9,421 |
||||
| 32,357 | ||||
| 342,544 |
18. Summary of funds
Summary of funds - current year
| General funds Restricted funds |
Balance at 1 April 2023 £ 310,187 32,357 342,544 |
Income £ 72,570 765,677 838,247 |
Expenditure £ (10,282) (798,034) (808,316) |
Balance at 31 March 2024 £ 372,475 - |
|---|---|---|---|---|
| 372,475 |
Page 40
SAFE FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
18. Summary of funds (continued)
Summary of funds - prior year
| Balance at | ||||
|---|---|---|---|---|
| Balance at | 31 March | |||
| 1 April 2022 | Income | Expenditure | 2023 | |
| £ | £ | £ | £ | |
| General funds | 222,883 | 87,304 | - | 310,187 |
| Restricted funds | 42,040 | 671,808 | (681,491) | 32,357 |
| 264,923 | 759,112 | (681,491) | 342,544 | |
| Analysis of net assets between funds | ||||
| Analysis of net assets between funds | - current period | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2024 | 2024 | |||
| £ | £ | |||
| Tangible fixed assets | 6,578 | 6,578 | ||
| Trade investments | 633 | 633 | ||
| Debtors due after more than one year | 8,955 | 8,955 | ||
| Current assets | 374,497 | 374,497 | ||
| Creditors due within one year | (18,188) | (18,188) | ||
| Total | 372,475 | 372,475 | ||
| Analysis of net assets between funds | - prior period | |||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 8,303 | 9,421 | 17,724 | |
| Trade investments | 633 | - | 633 | |
| Debtors due after more than one year | 8,955 | - | 8,955 | |
| Current assets | 330,177 | 22,936 | 353,113 | |
| Creditors due within one year | (37,881) | - | (37,881) | |
| Total | 310,187 | 32,357 | 342,544 |
19. Analysis of net assets between funds
Page 41
SAFE FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
19. Analysis of net assets between funds (continued)
20. Reconciliation of net movement in funds to net cash flow from operating activities
| Net income for the period (as per Statement of Financial Activities) Adjustments for: Depreciation charges Dividends, interests and rents from investments Loss on the sale of fixed assets Decrease/(increase) in debtors Decrease in creditors Net cash provided by operating activities |
2024 £ 29,931 5,174 (2,923) 5,898 (9,112) (19,693) 9,275 |
2023 £ 77,621 |
|---|---|---|
| 6,119 (208) - 9,918 (31,054) |
||
| 62,396 |
21. Analysis of cash and cash equivalents
| Cash in hand Total cash and cash equivalents 22. Analysis of changes in net debt Cash at bank and in hand |
At 1 April 2023 £ 341,604 341,604 |
2024 £ 353,876 353,876 Cash flows £ 12,272 12,272 |
2023 £ 341,604 |
|---|---|---|---|
| 341,604 | |||
| At 31 March 2024 £ 353,876 |
|||
| 353,876 |
23. Pension commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held
Page 42
SAFE FOUNDATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
23. Pension commitments (continued)
separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £5,949 (2023 - £6,875). Contributions totalling £1,158 (2023 - £1,478) were payable to the fund at the balance sheet date and are included in creditors.
24. Operating lease commitments
At 31 March 2024 the company had commitments to make future minimum lease payments under noncancellable operating leases as follows:
| Not later than 1 year Later than 1 year and not later than 5 years |
2024 £ 35,820 53,730 89,550 |
2023 £ 35,820 89,550 |
|---|---|---|
| 125,370 |
25. Related party transactions
The company has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the company at 31 March 2024.
Page 43