HILLINGDON WOMEN'S CENTRE (A Company limited by guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Registered Number: 2009021 Charity Number: 801433
HILLINGDON WOMEN'S CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Pages Legal and administrative information 1 Trustees' report 2-7 Independent examiner's report 8 Statement of Financial Activities 9 Balance sheet 10 Notes forming part of the financial statements 11 - 16
HILLINGDON WOMEN'S CENTRE LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Trustees The trustees who served the charity during the period April 2024 to March 2025 were as follows: Ms N Desor Ms. S Robins Dr A Mckinlay - Chair - Treasurer - Secretary Ms A Ratcliffe Ms R Shah Ms R Cockeram Ms S Shah - Appointed at AGM on 20th November 2024 Registered charity name Hillingdon Women's Centre Charity registration number 801433 Company registration number 2009021 Registered office 333 Long Lane Hillingdon Middlesex UB10 9JU Independent Examiner Bankers Kashif Yasin (FCCA), Acctax Direct LLP Boundary House, Cricketfield Road, Uxbridge UB8 1QG Metro Bank Ltd 1 Southampton Row, London, WC1B 5HA Page 1
HILLINGDON WOMEN'S CENTRE TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements of Hillingdon Women's Centre (the company for the year ended 31 March 2025. Governing Document and Charitable Objects Hillingdon Women's Centre is registered as a Charity with the Charity Commission under registration number 801433. It is constituted as a company limited by guarantee (registration number 2009021) and is therefore governed by its Memorandum and Articles of Association on 10 April 1986 as amended by special resolution on 15 April 2004, 16 May 2012, 21 November 2013, December 2016 and 04 April 2018. Organisational Structure The charity operates a women's only support service at 333 Long Lane and most of its activities take place there. Exceptions include partnership events, meetings, and networking with other organisations. Policy and planning decisions are made at the monthly Director/Trustee Committee meetings, which are open to all Directors/Trustees and invited guests. Their purpose is to support the Centre and its Centre manager, employed staff and volunteers with strategic and policy direction, governance, and line management responsibility where appropriate. Recruitment and Appointment of Trustees Where possible, all positions are filled through annual nominations and election. This has been standard practice since 1986. It was felt this maximised accountability to the whole membership of the Board. However, due to the voluntary nature of the work, from time to time the co-option of new candidates may be appropriate in line with the needs of the Charity. A minimum of two Director/Trustees can co-opt a new member for the remaining period until the next AGM. Induction and Training of Trustees A copy of the Memorandum & Articles of Association - and all the policies relating to the Centre (also outlining the roles and responsibilities) is available to all Director/Trustees at Hillingdon Women's Centre. Booklets and internet sites are available, and training is accessible to all Director/Trustees. Safeguarding training is mandatory for all trustees. Related Parties We network with a wide variety of local organisations, and our partners include: London Borough of Hillingdon, Hillingdon Law Centre, Hillingdon Independent Domestic Violence Advocacy Project(HIDVAP), HAVS (Hillingdon Association of Volunteer Services), Social Services, Rethink, National Domestic Violence Help Line, MIND, CNWL (Riverside Centre Mental Health), Women's Resource Centre, YMCA, MARAC (Multi Agency Risk Assessment Conference), REAP, NHS Hillingdon, The Sharan Project, Belina GROW, Sahan Society Centre, and many other organisations via Domestic Violence/crime prevention meetings. The Charity is continually reviewing its partnership and networking activities to further the work of the Centre and carry this into the community. Page 2
HILLINGDON WOMEN'S CENTRE TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 Objectives The Memorandum states that the charity's objective is "to promote any charitable purpose for the benefit of women resident in Hillingdon." Our objectives include the advancement of education, relief of poverty, protection of health, facilitation of recreation and leisure time occupations to improve social welfare and conditions of women's lives. Over recent years more than 60% of our work has related to supporting women in crisis and as such we are considering how this might be better reflected within the charity's objectives. The services that we have delivered over the past year can be categorised between those which provide individual one-to-one support and those which are group-related activities. • Support Advisors provide information, advice, and guidance to our service users. They guide women with empathy and compassion in areas such as welfare benefits, finance, education, well-being, women's rights, and basic housing issues. • Domestic Abuse Caseworkers provide individualised and ongoing support to women in crisis. Linked to this, is our Pathways to Healing (PTH) Domestic Abuse recovery programme for women who are now safe but need support as they work toward building a new life, free of violence. • Our group activities and events are aimed at developing skills, reducing isolation, and fostering sisterhood. They touch on different topics such as health and well-being and unhealthy relationships. • We know how important it is to create links with community members and groups to deliver relevant services. This year we have continued to build on our relationship with local community women's groups to ensure we work together to support women, share best practices, and amplify women's voices in the community. Strategies for Achieving Objectives Hillingdon Women's Centre (HWC) has been supporting the needs of women since 1986 as a unique service in our local community. We are a small charity run by and for women aged 18+ that offers a safe and non-judgmental space where women can freely share their concerns and get tailored support and guidance. We have established ourselves as a trusted and respected organisation within the borough. Our vision is for a world where all women can lead safe, independent, and thriving lives. We continue to deliver in line with our five-year plan Strength to Strength' which was established in 2023. This plan builds on the core services that we have running today and aims to introduce a new aspect linked to DA prevention. We want to support this theme through the delivery of awareness workshops for all women. These will help women better understand what constitutes abuse, how to recognise the signs of an unhealthy relationship and where they can turn to for additional support. Page 3
HILLINGDON WOMEN'S CENTRE TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 Activities for Achieving Charitable Objectives HWC provides comprehensive, trauma-informed services and helps women navigate their lives beyond an immediate crisis, including general information and advice, practical support for survivors of gender violence, legal advice through partner solicitors, and wellbeing workshops. We also work alongside other community organisations addressing Violence Against Women and Girls. Over this past year we have supported 431 unique women providing them with essential information and services. Domestic Abuse Support Service - Our Specialist Domestic Abuse (DA) service comprises support during and after the crisis. 81% of all women we support are either victims of current abuse or are survivors of historic abuse. Our team supported 350 women (victim/survivors of Domestic Abuse) with face-to-face appointments, phone appointments, email/SMS support for one-off and longer-term cases. The final year of funding by Henry Smith Charities and the commencement of new funding (year 1 of 5) by The National Lottery Community Fund - Reaching Communities are key to enabling this. They provide emotional and practical support to women currently experiencing abuse. They aim to assess the risk and create a safety plan with the service user. Our Caseworkers will inform victims/survivors of their rights and options and support their decisions. If further support is required, the Caseworker will continue to offer practical and emotional support for as long as needed. It is important to note that we also support women experiencing post- separation abuse. Caseworkers will always adopt a multi-agency approach to ensure the best outcomes possible. Thanks to The London Community Fund - MOPAC VAWG Grassroots Fund 23-25 we have expanded our team of Domestic Abuse Caseworkers to three, ensuring that we provide targeted services for women from the Global Majority who are victims or survivors of domestic abuse. As a response to the growing demand for domestic abuse services, we introduced the role of Senior Domestic Abuse Caseworker. This person leads our frontline team, enhances professional development, and strengthens case management. Pathways to Healing Program - Part of our Domestic Abuse Support Service is the delivery of the programme which has been funded as part of the Henry Smith Charities grant this year and will be funded by The National Lottery Community Fund going forward. We were able to deliver 4 cohorts again this year and continue to help women improve on their self-confidence and self-esteem. General Information, Advise and Guidance - Our IAG service funded by City Bridge Foundation has provided longer-term support to over 141 women. Support Advisors offer practical help in critical areas including welfare benefits, housing, education, health and wellbeing, and debt management. They also facilitate referrals to solicitors and additional services such as counselling and mental health support. Given the significant overlap with Domestic Abuse, many of the issues addressed through our IAG service are linked to the long-term impacts of abuse. Support Advisors provide one-on-one assistance, beginning with an initial assessment to identify urgent needs and create a tailored action plan to achieve the woman's goals for as long as necessary. Page 4
HILLINGDON WOMEN'S CENTRE TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Women's Hub - The Women's Hub is a project that aims to support women-led community groups in Hillingdon by securing venues for group meetings, encouraging networking and collaboration, and building capacity for the facilitators, so that they may work toward greater self-sufficiency for their groups. The Women's Hub was funded by the Greater London Authority through Civil Society Roots 3 (CSR3) up to September 2024 and has then continued to be funded for a further two years by Heathrow Community Trust. Through this funding, we have not only been able to support these women's groups, but also build our capacity as an organisation through their comprehensive support programme consisting of a variety of skills workshops and pan-London networking events. Through the CSR3 programme, we have been able to support three groups: Austin Sewing Club, Afghan Women's Support Group and Hinda's Fitness Club. These groups provide a vital network and support systems for women in the borough who might otherwise not have one. Workshops and Group Activities - We have continued to deliver our Positive Energies Group along with Art Therapy workshops as in previous years. With funding London Borough of Hillingdon Community Cohesion Fund, we also scheduled to run a series of story-telling workshops. Each workshop featuring a story, often based on folklore and fables, which will have a message surrounding the theme of feminism, misogyny, gender- based violence, etc. This commenced in Mar 25 and will continue into the next financial year. Funding has been received from the ROSA Stand with Us fund to deliver developmental change to the charity. A project was initiated in early 2025 to implement a new CRM system from OASIS, and to support the development of a Theory of Change to enable us to better implement the plans defined in HWC's 5-year strategy by more clearly outlining our goals for the charity and how to achieve them. This project will delivery through 2025 and as such the restricted funding that we have received for this will carry through into next year. Our core activities were also supported through the generosity and funding of individual donors and community groups such as; St Giles Church • Christ Church • Ten Percent Foundation • Mrs Gells Cottages in Ickenham -• Hyllendune Lodge National Energy Agency • GNIX • Donna Elsay fundraiser • Freemasons fundraiser • Big Give fundraiser • All donations both big and small enable us to continue to serve our community and we are very grateful. Financial Review The Trustees would report that the income of the charitable company in respect of unrestricted funds was £47,974 (2024 - £76,584). The income in respect of restricted funds was £224,614 (2024 - £91,237). Page 5
HILLINGDON WOMEN'S CENTRE TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 The statement of financial activities shows that the total resources expended was £45,094 for unrestricted and E164,436 for restricted funds. As a result, we are reporting a net financial gain of £63,058. Early payment of grants for projects running throughout 2025 and beyond means that we are carrying forward restricted funds of £82,554. Reserves Policy The Trustees recognise the need to hold reserves to allow protection of all core activities in the event of income shortfalls and cash flow problems and to promote balanced long-term strategic planning. Our policy is to hold circa 3 months of costs in reserve and in light of the current expenditure this figure is set at around £45,000. Our reported unrestricted reserves for the end of this year (March 2025) are £44,613 Risk Management The Trustees continue to review risks on a regular basis at the monthly Board of Trustee meetings. We look to identify mitigating actions to ensure that we reduce any potential impact to which the charity is exposed. In particular those relating to the operations and finances of the charity. Review of fundraising and plans for the future Fundraising remains a focal point for the Charity as we need to raise sufficient money to cover on-going operational costs, including staff salaries. We have completed the first year of two five-year grants and have also secured some other grants for the Apr 25 to Mar 26 financial year. We were awarded a one-year services contract with London Borough of Hillingdon this year, which has now completed, and are hopeful that this will continue with a further three contract commencing April 2025. The National Lottery Community Fund - Reaching Communities enables us to continue to provide our full DA Specialist Service including the Pathways to Healing programme. City Bridge Foundation grant provides key funding for delivery of our support advisory service. These two key grants, which run to Mar 2029 along with the three-year contract with London Borough of Hillingdon will ensure that the core services we offer are secure for the next few years. However, to provide additional support, to grow and provide new activities we will need to apply for supplementary and specific one-off grants. These would then enable things like the community hub and generic welfare workshops and training to continue. Trustees Responsibilities The Trustees (who are also directors of Hillingdon Women's Centre for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of Page 6
HILLINGDON WOMEN'S CENTRE TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 the charitable company for that period. In preparing these financial statements, the trustees are required to: • Select suitable accounting policies and then apply them consistently. • Observe the methods and principles in the Charities SORP. • Make judgements and estimates that are reasonable and prudent. • State whether applicable UK Accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The report of the Trustees has been prepared in accordance with the special provisions relating to companies subject to the small companies' regime within Part 15 of the Companies Act 2006. Audit Exemption For the financial year in question the company was entitled to exemption under section 47 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. Approval This report was approved by the Board of Trustees at the AGM on 12t November 2025 and signed on its behalf, by: MIAM Neeta Desor, Chair Page 7
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF HILLINGDON WOMEN'S CENTRE FOR THE YEAR ENDED 31 MARCH 2025 I report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2025 which are set out on pages 9 to 16. Responsibilities and basis of report As the charity trustees of the company and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. 3. the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ..• Kashif Yasin FCCA c/o Acctax Direct LLP Chartered Certified Accountants Boundary House, Cricketfield Road, Uxbridge UB& 1QG Date: 2574 November 2025 Page 8
HILLINGDON WOMEN'S CENTRE STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income and Expenditure account) FOR THE YEAR ENDED 31 MARCH 2025 Income and endowments from: Donations and legacies (Note 2) Other trading activities (Note 3) Total Expenditure on: Charitable activities (Note 4) Total Unrestricted funds € 47,624 350 47,974 45,094 45,094 Restricted income funds 224,614 224,614 Total funds 2025 € 272,238 350 272,588 164,436 164,436 209,530 209,530 Net income/(expenditure) - (Note 5) Other recognised gains/losses Net movement in funds Reconciliation of funds: Total funds brought forward (Note 11) Total funds carried forward 2,880 - 2,880 41,733 44,613 60,178 - 60,178 63,058 - 63,058 56,828 117,006 98,561 161,619 All income and expenditure is derived from continuing activities. The Statement of Financial Activities includes all recognised gains and losses. The notes on pages 11 to 16 form part of these financial statements. Prior year 2024 € 167,471 350 167,821 164,256 164,256 3,565 - 10,933 94,996 98,561 Page 9
HILLINGDON WOMEN'S CENTRE BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds Restricted funds 2025 Total Fixed assets Tangible assets (Note 8) Total fixed assets Current assets Cash at bank and in hand Total current assets Creditors: amounts falling due within one year (Note 10) - 34,462 34,462 34,462 34,462 2024 Total € 36,276 36,276 Net current assets/(liabilities) 48,518 48,518 3,905 44,613 44,613 82,544 82,544 - 82,544 131,062 131,062 3,905 127,157 66,566 66,566 4,281 62,285 Total assets less current liabilities Funds of the Charity Restricted funds (Note 11) Unrestricted funds (Note11) 117,006 161,619 98,561 117,006 117,006 56,828 44,613 44,613 41,733 Total funds 44,613 117,006 161,619 98,561 The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP Approved by the board of trustees at the AGM on 12* November 2025 and signed on their behalf by: Neeta Desor, Chair The notes on pages 11 to 16 form part of these financial statements. Page 10
HILLINGDON WOMEN'S CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. ACCOUNTING POLICIES Basis of preparation and assessment of going concern The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity. 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 trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. Income recognition Items of income are recognised in the financial statements when all of the following criteria are met: • The charity has entitlement to the funds; • any performance conditions have been met or are fully within the control of the charity; there is sufficient certainty that receipt of the income is considered probable; and • the amount can be measured reliably. Contract income is recognised as the charity earns the right to consideration through the performance of its services. Expenditure recognition Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required and the amount can be measured reliably. Expenditure is classified under the following activity headings: Expenditure on charitable activities which comprises the costs of running the various activities and services for the charity's beneficiaries. Expenditure includes those costs of a direct nature which can be allocated to a specific activity. It also includes indirect costs, including governance costs that do not relate to a specific activity but are necessary to support them. Support costs are apportioned to each activity on the basis of staff time. Page 11
HILLINGDON WOMEN'S CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. ACCOUNTING POLICIES/contd... Fund accounting Unrestricted general funds are those funds which are freely available for use in furtherance of the objects of the charity and which have not been designated for spectic purposes. Restricted funds are funds which can only be used in accordance with specific restrictions imposed by the donor or which have been raised for a particular purpose. Fixed Assets The freehold property was purchased during the financial year 1985/86 using funds from the GLC of £70,283 including interest. The total cost was £90,717. The upstairs residential flat is let on a 125 year lease which commenced 1st January 1983. The charity receives ground rent and service charge of £350 each year for this property. Depreciation is provided at the following annual rates in order to write off each tangible asset over its useful economic life. Freehold property Fixture & fittings Computer equipment 2% on cost 25% on cost 25% on cost 2. DONATIONS Donations and gifts General grants provided by government/other charities Unrestricted funds Restricted funds 2025 Total funds € 20,124 - 20,124 27,500 47,624 224,614 252,114 224,614 272,238 Of the £167,471 recognised in 2024, £76,234 related to unrestricted funds and £91,237 to restricted funds. 3. OTHER TRADING ACTIVITIES 2024 Total funds € 26,234 141,237 167,471 Ground Rent/Service Charge Unrestricted Restricted funds funds 350 350 - 2025 Total funds 350 350 2024 Total funds € 350 350 All of the £350 recognised in 2024 related to unrestricted funds. Page 12
HILLINGDON WOMEN'S CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4. EXPENDITURE ON CHARITABLE ACTIVITIES Analysis of expenditure Unrestricted funds Restricted income funds Staff Costs - Wages & Salaries Staff Costs - Pensions Staff Costs - Travel Costs Staff Costs - Other (training etc) Establishment - Rates & Water Establishment - Light & Heat Establishment - Repairs & Maintenance Establishment - Telephone & Internet Establishment - Other Professional - Insurance Professional - Accountancy Fees Professional - Legal Fees Professional - License Fees Professional - Dues and Subscriptions Professional - Other (job Adverts) Project Costs Project Costs - Service User Aid Office Expenses - Printer Offices Expenses - Mobile Phones Office Expenses - Supplies Office Expenses - Ucheck Office Expenses - Marketing Offices Expenses - Small Equipment Office Expenses - Other Depreciation 27,618 2,100 64 127 8,932 85 - 106 444 1,382 125 1,229 38 68 1,647 - 311 662 156 - 137,185 6,449 49 2,506 789 1,728 - 1,021 - 1,673 1,036 1,517 1,220 5,340 560 386 247 295 592 29 1,814 2025 Total funds € 164,803 8,549 49 2,506 853 1,855 8,932 1,106 - 1,779 1,480 - 2,899 1,345 6,569 598 454 1,894 - 606 1,254 185 1,814 Total expenditure on charitable activities 45,094 164,436 209,530 Of the £164,256 expenditure recognised in 2024, £77,613 was charged to unrestricted funds and £86,643 was charged to restricted funds. 2024 Total Funds 131,243 7,228 - 3,516 734 1,486 1,212 881 - 1,727 1,200 - 2,027 429 4,694 370 351 906 150 534 2,023 230 3,315 164,256 Page 13
HILLINGDON WOMEN'S CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 5. NET INCOME/(EXPENDITURE) FOR THE YEAR Net income/(expenditure) for the year is stated after charging; Depreciation of tangible fixed assets; Independent examiners fee; 2025 £1,814 £1,200 2024 £3,315 £1,200 6. TRUSTEES REMUNERATION AND EXPENSES There was no trustee remuneration this year or last and there were no expenses reimbursed to trustees this year or last. 7. STAFF COSTS 2025 2024 Salaries and wages Social security costs Pension costs (defined contribution pension plan Total staff costs 161,661 8,010 3,681 173,352 131,243 4,144 3,084 138,471 There was no employee whose emoluments as defined for taxation purposes amounted to over £60,000 in either year. The average number of employees, calculated on a full-time equivalent basis, was 4(2024 - 4) Total employee benefits received by key management amounted to £27,105 (2024: £33,897). Under FRS 102, employee benefits includes gross salaries, employer's national insurance, employer's pension contributions and benefits in kind. 8. TANGIBLE FIXED ASSETS Costs at 1 April 2024 Additions Disposals Costs at 31 March 2025 Depreciation at 1 April 2024 Charge for the year Disposals Depreciation at 31 March 2025 Net book value at 31 March 2024 Net book value at 31 March 2025 Freehold land & buildings € 90,717 90,717 54,441 1,814 56,255 36,276 34,462 Fixtures, fittings and equipment € 6,007 6,007 6,007 6,007 Total € 96,724 - 96,724 60,448 1,814 62,262 36,276 34,462 Page 14
HILLINGDON WOMEN'S CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 9. TAXATION The charitable company is exempt from corporation tax on its charitable activities carried out during the year. 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income Taxation and social security Total This year 2025 € 1,200 2,705 3,905 Last year 2024 1,200 3,081 4,281 11. STATEMENT OF FUNDS Fund balances 01 Apr 2024 Restricted Funds Unrestricted funds 56,828 41,733 Income Expenditure € 224,614 47,974 164,436 45,094 98,561 272,588 209,530 he purpose of restricted funds is described in detail in the Trustees repor omparative information for the previous financial vear is as follow Fund balances 31 Mar 2025 117,006 44,613 161,619 Restricted Funds Unrestricted funds Fund balances 01 Apr 2023 € 52,234 42,762 94,996 Income € 91,237 76,584 167,821 | Expenditure € 86,643 77,613 164,256 Fund balances 31 Mar 2024 56,828 41,733 98,561 Page 15
HILLINGDON WOMEN'S CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Current Assets Current Liabilities Unrestricted Restricted 48,518 (3,905) 44,613 34,462 82,554 - 117,006 Total Funds 36,276 66,566 (4,281 98,561 Comparative information for the previous financial year is as follows; Tangible Fixed Assets Current Assets Current Liabilities Unrestricted Restricted 46,014 (4,281) 41,733 36,276 20,552 - 56,828 Total Funds € 36,276 66,566 (4,281 98,561 13. COMMITMENTS UNDER OPERATING LEASES The total future minimum lease payments due under non-cancellable operating leases are as follows: Within one year Within one to five years 2025 234 - 234 2024 234 - £234 14. CONTINGENT ASSETS Total grant funding awarded as at 31 March 2025 but not yet received and recognised as income due to the recognition criteria not being met amounts to £576,336. Page 16