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2024-03-31-accounts

REGISTERED CHARITY NUMBER: 519445

BOSTON WOMEN'S AID

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

BOSTON WOMEN'S AID

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Financial Position 7 to 8
Statement of Cash Flows 9
Notes to the Statement of Cash Flows 10
Notes to the Financial Statements 11 to 24
Detailed Statement of Financial Activities 25

BOSTON WOMEN'S AID

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and activities

The overall objective of Boston Women's Aid is to provide advice, support and temporary accommodation for victims of abuse and their children. The term domestic abuse embraces the physical, mental, emotional, financial or sexual abuse of one person by another with whom they have or have had a close or intimate relationship.

The objective is achieved through the following:

The provision of temporary refuge on request for victims and their children who have suffered domestic abuse.

Encouraging the development of facilities that offer advice, support and practical help to any victim that seeks it, whether or not they are resident of the refuge, and which gives continuing support and aftercare to victims and children after they have left the Boston Women's Aid accommodation.

Research into and promotion of the provision of facilities which meet the emotional and educational needs of children of victims who seek refuge.

Providing information to and working with other organisations for the exchange of information and ideas on all aspects of Women's aid and domestic abuse issues.

Educating and informing the public, the media, the police, the courts, Social Services and other statutory and non-statutory organisations, with respect to the abuse victims suffer.

Reporting for the public benefit

In compliance with Section 17 of the Charities Act 2011, Boston Women's Aid trustees have consulted the guidance issued by the Charity Commission on operating the Charity for the public benefit and are satisfied that the Charity meets the requirements on public benefit as follows.

Boston Women's Aid has continued to provide safe accommodation through refuge and dispersed units on request for victims and their children, who have suffered domestic abuse.

Provision of continuing support to victims and children after they have left the accommodation has been available, as has advice and support to members of the public, male and female, who make contact through the helpline, with support at our Rural Community Hubs in Holbeach, Spalding, Boston & Sutton Bridge.

Awareness raising talks are given within schools in Boston & South Holland, this work gives children of school age the opportunity to learn about the effects of Domestic Abuse and the meaning of a Healthy Relationship.

Talks given to organisations and groups of the public, who request them, together with statements to the media, have educated and informed on the effects of Domestic Abuse.

Page 1

BOSTON WOMEN'S AID

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENT AND PERFORMANCE

BWA have continued to provide refuge and other support services in Boston and South Holland. The Rural Community Hub service has expanded across Boston & South Holland with the financial support of Shine, The Holbeach United Charity, Platform Housing & Longhurst Housing.

In 2023/24, BWA have continued to operate as a viable provider of refuge accommodation and services, in the face of a challenging financial environment. The safe houses are in Boston and South Holland where we accept women, men and children from all areas of the UK. During the financial year we have operated 12 units of shared refuge and 3 dispersed properties.

In the refuges 71 victims were admitted, the total number of children admitted was 106 during 2023/24. Four Freedom Programmes were delivered along with four Confidence Building courses and Hope to Recovery for refuge clients.

Over the year the team have given numerous talks to statutory and voluntary organisations and attended events, raising awareness of domestic abuse and the services provided by BWA. Training was also given to outside agencies for example the Police and Health Visitors. It is the view of the Board of Trustees that all services provided by BWA were effective in terms of both input and output and adhered to the Trustees' aims to increase the effectiveness and efficiency of the charity in line with the Strategic Business Plan.

Working with Platform Housing we opened two new Move On houses, to support victims to live more independently with the support from refuge staff.

FINANCIAL REVIEW

Reserves policy

A reserves policy is recommended by the Charities Commission as part of financial management and strategic planning to explain to interested parties (both donors and beneficiaries) why money is withheld from beneficiaries. It is part of being transparent and accountable to funders and lessens the risk of the accusation of hoarding. It is also necessary so that the charity can meet its obligations even if intended funding sources fail to meet targets. Ongoing risk assessment has identified an increased risk of reduction in available funds for Boston Women's Aid from statutory bodies. National and local financial constraints have made it increasingly hard to obtain new sources of funding, and other income sources may be less reliable and less able to predict. There is increased risk of existing contracts not being renewed even if they have been performed satisfactorily, they may go out to tender and may be awarded to other providers.

The reserves must be able to cover any challenges and opportunities in the medium to long term which includes the costs to safeguard current services and the costs of closure. Such costs include: -

Funds need to be easily accessible for day to day spending but will be invested in interest bearing accounts where possible, they are currently held with Lloyds Bank in high interest deposit bonds and also instant access savings accounts and 32 notice savings accounts.

There is a regular review of cash flow projections for income and expenditure to ensure that the level of available reserves remains adequate and that the charity can meet all its commitments. There is ongoing risk assessment to ensure policies and systems are in place to meet any potential risks identified and consider any significant change in the charity's financial circumstances.

Our current unrestricted reserve level is £299,873 (as at 31 March 2024). Our minimum target for the level of unrestricted funds as at 31 March 2024 is £100,000 and therefore we are meeting this requirement at this present time.

The charity has again had a very pro-active year trying to secure future funding for the medium to long term it has been instrumental in seeking new lines of funding from varied funders.

The net surplus for the year ended 31 March 2024 was £52,170, this on face value is a satisfactory set of results, the Charity has worked hard to control expenditure during the year and because of the surplus the cumulative restricted and unrestricted reserves have grown to £729,057 for 2024.

FUTURE PLANS

Following feedback from external stakeholders and service users we are looking to re-brand the charity this remains ongoing.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Page 2

BOSTON WOMEN'S AID

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

Boston Women's Aid was established as a Registered Charity in 1987 and its current Constitution was approved in 2003 and amended in July 2009, with a further amendment agreed in October 2010 to allow for support to male victims of abuse and male membership of the Board of Trustees. Two further amendments were made in June 2012 to alter the numbers required for meetings to be quorate and for numbers allowed to sign grants and contracts.

The core activity of Boston Women's Aid is to provide safe, temporary accommodation for victims (and their children) who have suffered from domestic abuse. This core business is achieved by the provision of four refuge spaces and three dispersed accommodation units. These core activities are funded through rental income, housing benefit payments, donations and funding from statutory agencies and grant making bodies.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Membership

Membership of Boston Women's Aid is open to all people who subscribe to the aims as set out in the Constitution, subject in each case to approval by the Management Committee.

Management

The policy and management of the organisation is vested in a Management Committee of Trustees. The recruitment and election of Trustees and the Management Committee is carried out at Boston Women's Aid AGM each year. Trustees can also be nominated and co-opted during the year by The Management Committee, subject to the restrictions on numbers within the Constitution.

The training of new trustees is determined based on individual needs.

The Management Committee Mr W Herbert - Chair & Treasurer Mrs V R Robinson Ms J Warnes Ms M Chapman Mrs L Hammond Ms Sophia Barnes - Co-opted 21 June 2023 Dr Julie Doddrell - Co-opted 21 June 2023 Ms Lisa Walmsley - Co-opted 02 August 2023

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 519445

Principal address P O Box 5 Boston Lincolnshire PE21 8JP

Trustees

Mrs V R Robinson Mr W Herbert Mrs S Coates (resigned 31.5.23) Ms J Warnes Ms M Chapman Mrs L Hammond Ms S Barnes (appointed 27.4.23) Dr J Doddrell (appointed 20.5.23) Ms L Walmsley (appointed 27.9.23)

Page 3

BOSTON WOMEN'S AID

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Mr T G Godson FCA Duncan & Toplis Limited 5 Resolution Close Endeavour Park Boston Lincolnshire PE21 7TT

Approved by order of the board of trustees on 4 November 2024 and signed on its behalf by:

Mr W Herbert - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOSTON WOMEN'S AID

Independent examiner's report to the trustees of Boston Women's Aid

I report to the charity trustees on my examination of the accounts of Boston Women's Aid (the Trust) for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Mr T G Godson FCA Duncan & Toplis Limited 5 Resolution Close Endeavour Park Boston Lincolnshire PE21 7TT

Date: 25 November 2024

Page 5

BOSTON WOMEN'S AID

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
217,662
Charitable activities
5
Rental income
189,212
Investment income
4
8,182
Total
415,056
EXPENDITURE ON
Charitable activities
6
Charitable activities
427,004
Domestic Abuse Support
-
Total
427,004
NET INCOME/(EXPENDITURE)
(11,948)
Transfers between funds
16
(18,287)
Net movement in funds
(30,235)
RECONCILIATION OF FUNDS
Total funds brought forward
452,491
TOTAL FUNDS CARRIED FORWARD
422,256		 Restricted
funds
£
272,091
-
-
272,091
207,973
-
207,973
64,118
18,287
82,405
224,396
306,801		 2024
Total
funds
£
489,753
189,212
8,182
687,147
634,977
-
634,977
52,170
-
52,170
676,887
729,057		 2023
Total
funds
£
519,385
117,753
914
638,052
566,047
1,286
567,333
70,719
-
70,719
606,168
676,887

The notes form part of these financial statements

Page 6

BOSTON WOMEN'S AID

STATEMENT OF FINANCIAL POSITION 31 MARCH 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
11
44,972
CURRENT ASSETS
Debtors
12
21,077
Cash at bank
374,382
395,459
CREDITORS
Amounts falling due within one year
13
(18,168)
NET CURRENT ASSETS
377,291
TOTAL ASSETS LESS CURRENT LIABILITIES
422,263
NET ASSETS
422,263		 Restricted
funds
£
3,292
1,727
304,531
306,258
(2,756)
303,502
306,794
306,794		 2024
Total
funds
£
48,264
22,804
678,913
701,717
(20,924)
680,793
729,057
729,057		 2023
Total
funds
£
46,571
11,116
639,978
651,094
(20,778)
630,316
676,887
676,887

The notes form part of these financial statements

continued...

Page 7

BOSTON WOMEN'S AID

STATEMENT OF FINANCIAL POSITION - continued

31 MARCH 2024

FUNDS
16
Unrestricted funds:
General fund
Restricted funds:
Postcode Lottery
DCLG/MOT
Great Days Out
Medlock Charitable Trust
Reaching Communities
DCLG Resettlement
ECCF/MOT
Every Childs Chances
Holbeach Rural Community Hub
Make A Change
Catalyst Digital Project
Hub - Spalding Longhurst
MHCLG Complex Needs
Reaching communities 2022
Hub Sutton Bridge
LCC Numeracy Grant
Children in Need 2023 - 2025
Shine Lincolnshire
Big Feed Project
Cost Of Living Grant
Cultural Needs - Platform Community Chest
Toy Trust
Heinz Fund - White goods
Asda Foundation - White goods
Sainsburys Neighbourly Grant
TOTAL FUNDS		 422,263
11,703
3,888
16,155
52
1,312
622
24,485
461
23,160
54,856
5,132
-
2,033
54,802
7,452
1,105
21,727
9,216
1,382
63,924
1,295
1,100
302
130
500
306,794
729,057		 452,491
11,703
3,893
21,509
52
1,444
622
34,911
551
24,795
60,049
5,247
9,461
2,366
35,539
11,254
1,000
-
-
-
-
-
-
-
-
-
224,396
676,887

The financial statements were approved by the Board of Trustees and authorised for issue on 4 November 2024 and were signed on its behalf by:

Mr W Herbert - Trustee

The notes form part of these financial statements

Page 8

BOSTON WOMEN'S AID

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
2
Cash and cash equivalents at the end of the
reporting period
2		 2024
£
46,124
46,124
(16,759)
-
8,182
(8,577)
37,547
639,978
677,525		 2023
£
96,350
96,350
(28,088)
2,997
914
(24,177)
72,173
567,805
639,978

The notes form part of these financial statements

Page 9

BOSTON WOMEN'S AID

NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Net cash provided by operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
Total cash and cash equivalents		 2024
£
52,170
15,066
-
(8,182)
(11,688)
(1,242)
46,124
2024
£
678,913
(1,388)
677,525		 2023
£
70,719
11,051
8
(914)
3,350
12,136
96,350
2023
£
639,978
-
639,978

3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.23 Cash flow At 31.3.24
£ £ £
Net cash
Cash at bank 639,978 38,935 678,913
Bank overdrafts - (1,388) (1,388)
639,978 37,547 677,525
Total 639,978 37,547 677,525

The notes form part of these financial statements

Page 10

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Boston Women's Aid is an unincorporated charity, registered in England and Wales. The charity's registered number and principal office address can be found on the Charity Commission website.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The financial statements are presented in pound sterling (£) which is the functional currency of the charity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared on a going concern basis.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the 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) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

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 Statement of Financial Position. 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.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office Equipment - 10% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 11

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

3. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Unrestricted
funds
£
Donations and sundry income
11,690
Grants
83,589
Service contract
122,383
217,662
Grants received, included in the above, are as follows:		 Restricted
funds
£
-
272,091
-
272,091		 2024
Total
funds
£
11,690
355,680
122,383
489,753		 2023
Total
funds
£
51,777
467,608
-
519,385
Lloyds Bank Foundation
Make A Change - Survivor Services
General
Reaching communities 2022
Hub Sutton Bridge
LCC Numeracy Grant
HUB Holbeach HUC
Big Feed Project
CIN 2023 - 2025
Cost Of Living Grant
Cultural Needs - Platform Community Chest
Heinz Fund
Hope 2 Recovery - Evans Cornish Grassroots Fund
Asda Foundation - White goods
Sainsburys Neighbourly Grant
Shine Lincolnshire
Toy Trust
Other grants		 2024
£
-
18,447
83,590
117,962
-
1,241
12,001
1,501
22,001
63,925
1,500
1,014
5,998
400
500
24,500
1,100
-
355,680		 2023
£
27,250
73,684
236,663
112,238
4,772
1,000
12,000
-
-
-
-
-
-
-
-
-
-
1
467,608

continued...

Page 12

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

4.
INVESTMENT INCOME
Unrestricted
funds
£
Deposit account interest
8,182
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Rental payers
Rental income
6.
CHARITABLE ACTIVITIES COSTS
Charitable activities
7.
SUPPORT COSTS
Charitable activities
8.
TRUSTEES' REMUNERATION AND BENEFITS		 Restricted
funds
£
-
Direct
Costs
£
627,319		 2024
2023
Total
Total
funds
funds
£
£
8,182
914
2024
2023
£
£
189,212
117,753
Support
costs (see
note 7)
Totals
£
£
7,658
634,977
Governance
costs
£
7,658

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 (2023 - £nil).

9.
STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Management staff
Front line staff		 2024
£
344,937
24,699
26,103
395,739
2024
1
14
15		 2023
£
305,890
22,651
21,594
350,135
2023
1
12
13

No employees received emoluments in excess of £60,000.

continued...

Page 13

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
284,048
235,337
Charitable activities
Rental income
117,753
-
Investment income
914
-
Total
402,715
235,337
EXPENDITURE ON
Charitable activities
Charitable activities
323,163
242,884
Domestic Abuse Support
1,286
-
Total
324,449
242,884
NET INCOME/(EXPENDITURE)
78,266
(7,547)
Transfers between funds
85,738
(85,738)
Net movement in funds
164,004
(93,285)
RECONCILIATION OF FUNDS
Total funds brought forward
288,484
317,684
TOTAL FUNDS CARRIED FORWARD
452,488
224,399
11.
TANGIBLE FIXED ASSETS
Fixtures
Office
and
Computer
Equipment
fittings
equipment
£
£
£
COST
At 1 April 2023
4,401
46,753
7,113
Additions
-
15,786
973
At 31 March 2024
4,401
62,539
8,086
DEPRECIATION
At 1 April 2023
969
8,460
2,267
Charge for year
381
12,114
2,571
At 31 March 2024
1,350
20,574
4,838
NET BOOK VALUE
At 31 March 2024
3,051
41,965
3,248
At 31 March 2023
3,432
38,293
4,846		 Total
funds
£
519,385
117,753
914
638,052
566,047
1,286
567,333
70,719
-
70,719
606,168
676,887
Totals
£
58,267
16,759
75,026
11,696
15,066
26,762
48,264
46,571

continued...

Page 14

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments and accrued income
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 14)
Social security and other taxes
Pension creditor
Other creditors
Accruals and deferred income
14.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts		 2024
£
3,768
19,036
22,804
2024
£
1,388
6,386
348
1,049
11,753
20,924
2024
£
1,388		 2023
£
6,135
4,981
11,116
2023
£
-
6,335
226
7,198
7,019
20,778
2023
£
-

The bank overdraft referred to above represents the deemed bank balances in respect of two fund pots. Overall there is no formal bank overdraft and the net bank and cash balance held as at the year end date is £677,525. This is shown as £678,913 under bank and £1,388 under creditors.

15. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2024
£
56,834
89,682
146,516		 2023
£
57,067
139,243
196,310

continued...

Page 15

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Postcode Lottery
DCLG/MOT
Great Days Out
Medlock Charitable Trust
Reaching Communities
DCLG Resettlement
ECCF/MOT
Every Childs Chances
Holbeach Rural Community Hub
Lloyds Bank Foundation
Make A Change
Catalyst Digital Project
Hub - Spalding Longhurst
MHCLG Complex Needs
Reaching communities 2022
Hub Sutton Bridge
LCC Numeracy Grant
Children in Need 2023 - 2025
Shine Lincolnshire
Big Feed Project
Cost Of Living Grant
Cultural Needs - Platform Community Chest
Hope 2 Recovery - Evans Cornish Grassroots
Fund
Toy Trust
Heinz Fund - White goods
Asda Foundation - White goods
Sainsburys Neighbourly Grant
TOTAL FUNDS		 Net
movement
At 1.4.23
in funds
£
£
452,491
(11,941)
11,703
-
3,888
-
21,509
(5,354)
52
-
1,444
(132)
622
-
34,911
(10,426)
552
(91)
24,796
(1,636)
1
(12,608)
60,049
(5,193)
5,247
(115)
9,461
(11,108)
2,368
(335)
35,539
19,263
11,254
(3,802)
1,000
105
-
21,727
-
9,216
-
1,382
-
63,924
-
1,295
-
(4,033)
-
1,100
-
302
-
130
-
500
224,396
64,111
676,887
52,170		 Transfers
between
funds
£
(18,287)
-
-
-
-
-
-
-
-
-
12,607
-
-
1,647
-
-
-
-
-
-
-
-
-
4,033
-
-
-
-
18,287
-		 At
31.3.24
£
422,263
11,703
3,888
16,155
52
1,312
622
24,485
461
23,160
-
54,856
5,132
-
2,033
54,802
7,452
1,105
21,727
9,216
1,382
63,924
1,295
-
1,100
302
130
500
306,794
729,057

continued...

Page 16

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Great Days Out
Reaching Communities
ECCF/MOT
Every Childs Chances
Holbeach Rural Community Hub
Lloyds Bank Foundation
Make A Change
Catalyst Digital Project
Hub - Spalding Longhurst
MHCLG Complex Needs
Reaching communities 2022
Hub Sutton Bridge
LCC Numeracy Grant
Children in Need 2023 - 2025
Shine Lincolnshire
Big Feed Project
Cost Of Living Grant
Cultural Needs - Platform Community Chest
Hope 2 Recovery - Evans Cornish Grassroots
Fund
Toy Trust
Heinz Fund - White goods
Asda Foundation - White goods
Sainsburys Neighbourly Grant
TOTAL FUNDS		 Incoming
resources
£
415,056
(1)
1
(1)
1
12,000
-
18,448
-
-
-
117,963
-
1,241
22,001
24,501
1,500
63,924
1,500
5,999
1,100
1,014
400
500
272,091
687,147		 Resources
Movement
expended
in funds
£
£
(426,997)
(11,941)
(5,353)
(5,354)
(133)
(132)
(10,425)
(10,426)
(92)
(91)
(13,636)
(1,636)
(12,608)
(12,608)
(23,641)
(5,193)
(115)
(115)
(11,108)
(11,108)
(335)
(335)
(98,700)
19,263
(3,802)
(3,802)
(1,136)
105
(274)
21,727
(15,285)
9,216
(118)
1,382
-
63,924
(205)
1,295
(10,032)
(4,033)
-
1,100
(712)
302
(270)
130
-
500
(207,980)
64,111
(634,977)
52,170

continued...

Page 17

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Boston and South Holland Floating support
Postcode Lottery
DCLG/MOT
Great Days Out
Medlock Charitable Trust
Reaching Communities
DCLG Resettlement
ECCF/MOT
Every Childs Chances
Holbeach Rural Community Hub
Lloyds Bank Foundation
Make A Change
MHCLG
Catalyst Digital Project
Hub - Spalding Longhurst
MHCLG Complex Needs
Screwfix
Reaching communities 2022
Hub Sutton Bridge
LCC Numeracy Grant
TOTAL FUNDS		 Net
movement
At 1.4.22
in funds
£
£
288,484
78,269
-
(7)
-
-
35,143
(3)
11,513
(3,535)
53
-
144,487
(878)
622
(205)
379
(715)
6,128
(9,938)
16,817
7,978
-
11,154
44,897
15,152
5
-
-
(11,264)
8,142
(3,700)
8,177
(29,796)
243
-
41,078
10,972
-
6,235
-
1,000
317,684
(7,550)
606,168
70,719		 Transfers
between
funds
£
85,738
7
11,703
(31,247)
13,531
(1)
(142,165)
205
35,247
4,361
-
(11,154)
-
(5)
16,511
5,019
23,985
(243)
(16,511)
5,019
-
(85,738)
-		 At
31.3.23
£
452,491
-
11,703
3,893
21,509
52
1,444
622
34,911
551
24,795
-
60,049
-
5,247
9,461
2,366
-
35,539
11,254
1,000
224,396
676,887

continued...

Page 18

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Boston and South Holland Floating support
DCLG/MOT
Great Days Out
Reaching Communities
DCLG Resettlement
ECCF/MOT
Every Childs Chances
Holbeach Rural Community Hub
Lloyds Bank Foundation
Make A Change
Catalyst Digital Project
Hub - Spalding Longhurst
MHCLG Complex Needs
Reaching communities 2022
Hub Sutton Bridge
LCC Numeracy Grant
TOTAL FUNDS		 Incoming
resources
£
402,715
-
-
(2)
-
-
1
(1)
13,464
27,251
73,686
-
1,463
2
112,238
6,235
1,000
235,337
638,052		 Resources
Movement
expended
in funds
£
£
(324,446)
78,269
(7)
(7)
(3)
(3)
(3,533)
(3,535)
(878)
(878)
(205)
(205)
(716)
(715)
(9,937)
(9,938)
(5,486)
7,978
(16,097)
11,154
(58,534)
15,152
(11,264)
(11,264)
(5,163)
(3,700)
(29,798)
(29,796)
(101,266)
10,972
-
6,235
-
1,000
(242,887)
(7,550)
(567,333)
70,719

continued...

Page 19

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Boston and South Holland Floating support
Postcode Lottery
DCLG/MOT
Great Days Out
Medlock Charitable Trust
Reaching Communities
DCLG Resettlement
ECCF/MOT
Every Childs Chances
Holbeach Rural Community Hub
Lloyds Bank Foundation
Make A Change
MHCLG
Catalyst Digital Project
Hub - Spalding Longhurst
MHCLG Complex Needs
Screwfix
Reaching communities 2022
Hub Sutton Bridge
LCC Numeracy Grant
Children in Need 2023 - 2025
Shine Lincolnshire
Big Feed Project
Cost Of Living Grant
Cultural Needs - Platform Community Chest
Hope 2 Recovery - Evans Cornish Grassroots
Fund
Toy Trust
Heinz Fund - White goods
Asda Foundation - White goods
Sainsburys Neighbourly Grant
TOTAL FUNDS		 Net
movement
At 1.4.22
in funds
£
£
288,484
66,328
-
(7)
-
-
35,143
(3)
11,513
(8,889)
53
-
144,487
(1,010)
622
(205)
379
(11,141)
6,128
(10,029)
16,817
6,342
-
(1,454)
44,897
9,959
5
-
-
(11,379)
8,142
(14,808)
8,177
(30,131)
243
-
41,078
30,235
-
2,433
-
1,105
-
21,727
-
9,216
-
1,382
-
63,924
-
1,295
-
(4,033)
-
1,100
-
302
-
130
-
500
317,684
56,561
606,168
122,889		 Transfers
between
funds
£
67,451
7
11,703
(31,247)
13,531
(1)
(142,165)
205
35,247
4,361
-
1,453
-
(5)
16,511
6,666
23,985
(243)
(16,511)
5,019
-
-
-
-
-
-
4,033
-
-
-
-
(67,451)
-		 At
31.3.24
£
422,263
-
11,703
3,893
16,155
52
1,312
622
24,485
460
23,159
(1)
54,856
-
5,132
-
2,031
-
54,802
7,452
1,105
21,727
9,216
1,382
63,924
1,295
-
1,100
302
130
500
306,794
729,057

continued...

Page 20

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 817,771 (751,443) 66,328
Restricted funds
Boston and South Holland Floating support - (7) (7)
DCLG/MOT - (3) (3)
Great Days Out (3) (8,886) (8,889)
Reaching Communities 1 (1,011) (1,010)
DCLG Resettlement - (205) (205)
ECCF/MOT - (11,141) (11,141)
Every Childs Chances - (10,029) (10,029)
Holbeach Rural Community Hub 25,464 (19,122) 6,342
Lloyds Bank Foundation 27,251 (28,705) (1,454)
Make A Change 92,134 (82,175) 9,959
Catalyst Digital Project - (11,379) (11,379)
Hub - Spalding Longhurst 1,463 (16,271) (14,808)
MHCLG Complex Needs 2 (30,133) (30,131)
Reaching communities 2022 230,201 (199,966) 30,235
Hub Sutton Bridge 6,235 (3,802) 2,433
LCC Numeracy Grant 2,241 (1,136) 1,105
Children in Need 2023 - 2025 22,001 (274) 21,727
Shine Lincolnshire 24,501 (15,285) 9,216
Big Feed Project 1,500 (118) 1,382
Cost Of Living Grant 63,924 - 63,924
Cultural Needs - Platform Community Chest 1,500 (205) 1,295
Hope 2 Recovery - Evans Cornish Grassroots
Fund 5,999 (10,032) (4,033)
Toy Trust 1,100 - 1,100
Heinz Fund - White goods 1,014 (712) 302
Asda Foundation - White goods 400 (270) 130
Sainsburys Neighbourly Grant 500 - 500
507,428 (450,867) 56,561
TOTAL FUNDS 1,325,199 (1,202,310) 122,889

Restricted funds

Details of the purpose and nature of each restricted fund are given below:

DCLG/MOT

This funding is to support the training of specialist volunteers to provide one-to-one support for victims leaving refuge, during and following the Covid pandemic..

Great Days Out

Funded by National Lottery Awards for All. This funding is to support family development and cohesion, confidence and socialising, of families in refuge or recovering from domestic abuse through days out as families to educational/recreational venues.

Medlock Charitable Trust

This funding is to contribute towards the cost of a part-time Refuge Support Assistant, who ensures that rooms are ready to receive families into refuge..

continued...

Page 21

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Reaching Communities

This funding is to support four projects:

" Freedom Programme;

" "Volcano" Programme in schools;

" Raising awareness of domestic abuse among male employees at larger employers across Boston Borough and South Holland;

" Provision of complex needs support to victims in refuge.

DCLG Resettlement

This funding is to support women leaving refuge to move into a home of their own to apply to buy either a cooker, washing machine or similar white goods.

Every Childs Chances - Children in Need

This funding is to support specialist work with children in refuge.

This project will help support children who have experienced domestic abuse. Targeted support for the children and family will improve educational progress, improve social skills and promote a reduction in challenging behaviour.

Holbeach Rural Community Hub

This funding, made by Holbeach United Charities has for the past three years supported the provision of a weekly Community Hub in Holbeach, enabling victims of abuse living in the area to be supported by a specialist Domestic Abuse Worker.

Lloyds Bank Foundation

This funding is to support a part-time Complex Needs Worker for victims of domestic abuse in refuge who have additional needs which makes their recovery and ability to move on from the abuse and establish their own family and home life much more complicated and who need this specialist support. The grant also funds some Refuge Support to assist with budgeting training, assistance with applying for schools, doctors, benefits, housing and other services.

Lloyds Bank Foundation also offer in-kind support to help charities become more sustainable during the lifetime of the Invest Fund grant.

Make A Change (MAC)

This funding is to support both victims and perpetrators of domestic abuse, where the perpetrator has indicated that they wish to make the necessary changes to their behaviour. Boston Women's Aid is the chosen partner to work across Lincolnshire with the partners of those perpetrators who enrol on the MAC 26-week course delivered by the Jenkins Foundation.

MHCLG

This funding is to enable Boston Women's Aid to provide dispersed refuge accommodation for families fleeing abuse, for whom our communal refuge would not be appropriate.

Catalyst Digital Project

This was a one-off grant enabling Boston Women's Aid to participate in work to look at digital support for victims of domestic abuse living in very rural areas.

Spalding Hub - Longhurst

This funding by the Longhurst Group contributes to our weekly Rural Hub in Spalding, enabling victims of abuse living in the area to be supported by a specialist Domestic Abuse Worker.

MHCLG Complex Needs

This funding is to enable Boston Women's Aid to employ an additional Complex Needs Worker throughout the Covid pandemic, when greatly increased levels of abuse were seen and more women were presenting with complex and additional needs.

Screwfix

This one-off grant is to support the purchase of materials and equipment for Haven House.

Reaching communities 2022

This is a three-year phased grant, continuing the funding support for The Freedom Programme, Intervention and Information Work in Schools, Additional Specialist Support in Refuge, and making a contribution towards the cost of Child Support in Refuge.

continued...

Page 22

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Hub Sutton Bridge

This funding is to support the rural community hub service.

LCC Numeracy Grant

This one-off grant is to support numeracy skills for clients that are supported.

Children in Need 2023 - 2025

This is a three year grant to support children and young people living in refuge.

Shine Lincolnshire

This funding is to support the rural community hub service.

Big Feed Project

This funding is to deliver £5 per family cookery sessions in refuge.

Cost of Living Grant

This was a one off grant to cover the increased costs to the charity during the cost of living crisis.

Cultural Needs - Platform Community Chest

This funding is to purchase items for families in refuge to support their cultural needs.

Hope 2 Recovery - Evans Cornish Grassroots Fund

This funding is to deliver the Hope 2 Recovery course within refuge.

Toy Trust

This funding is to purchase equipment for children in refuge with additional needs.

Heinz Fund - White Goods

This funding is to purchase white goods equipment for families leaving refuge.

Asda Foundation - White Goods

This funding is to purchase equipment for our move-on accommodation.

Sainsbury's Neighbourly

This funding is to purchase emergency food for families in refuge.

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

18. ULTIMATE CONTROLLING PARTY

The charity is controlled by the Trustees.

continued...

Page 23

BOSTON WOMEN'S AID

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

19. INDEPENDENT EXAMINATION

The independent examination fee included in the accounts is £4,320 (2023 - £3,940).

Page 24

BOSTON WOMEN'S AID

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS
Donations and legacies
Donations and sundry income
11,690
-
Grants
83,589
272,091
Service contract
122,383
-
217,662
272,091
Investment income
Deposit account interest
8,182
-
Charitable activities
Rental payers
189,212
-
Total incoming resources
415,056
272,091
EXPENDITURE
Charitable activities
Wages
192,651
152,286
Social security
11,672
13,027
Pensions
13,870
12,233
Rent
76,773
330
Rates and water
12,618
-
Insurance
3,605
2,810
Light and heat
34,025
-
Telephone
812
1,326
Postage, stationery and advertising
1,517
1,905
Sundries
21,204
12,213
Motor and travel costs
4,593
1,491
Day trips and activities
3,079
1,678
Repairs and maintenance
28,871
1,319
Staff training and activities
1,309
2,103
Counselling fees
103
1,013
Supplies
1,517
300
Plant and machinery
12,496
-
Computer equipment
1,343
1,227
Loss on sale of tangible fixed assets
-
-
422,058
205,261
Support costs
Governance costs
Accountancy and legal fees
3,069
1,512
Financial management
769
529
Legal fees
1,101
678
4,939
2,719
Total resources expended
426,997
207,980
Net income
(11,941)
64,111		 2024
Total
funds
£
11,690
355,680
122,383
489,753
8,182
189,212
687,147
344,937
24,699
26,103
77,103
12,618
6,415
34,025
2,138
3,422
33,417
6,084
4,757
30,190
3,412
1,116
1,817
12,496
2,570
-
627,319
4,581
1,298
1,779
7,658
634,977
52,170		 2023
Total
funds
£
51,777
467,608
-
519,385
914
117,753
638,052
305,890
22,651
21,594
77,072
3,420
3,955
35,699
1,920
6,285
26,905
4,455
3,187
20,097
2,791
5,193
1,439
9,038
2,012
8
553,611
6,301
1,187
6,234
13,722
567,333
70,719

This page does not form part of the statutory financial statements

Page 25