REGISTERED COMPANY NUMBER: SCI27793 (Scotland) REGISTERED CHARITY NUMBER: SC006595

Transcription

1 REGISTERED COMPANY NUMBER: SCI27793 (Scotland) REGISTERED CHARITY NUMBER: SC REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 FOR RAPE CRISIS CENTRE

2 CONTENTS OF THE FINANCIAL STATEMENTS Page Report of the Trustees 1 to 7 Report of the Independent Auditors 8 to 9 Statement of Financial Activities 10 Balance Sheet 11 Cash Flow Statement 12 Notes to the Cash Flow Statement 13 Notes to the Financial Statements 14 to 26

3 (REGISTERED NUMBER: SC127793) REPORT OF THE TRUSTEES The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 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 2015). OBJECTIVES AND ACTIVITIES Objectives and aims The principal activities and objectives of the Rape Crisis Centre are to provide support, advice and advocacy services to survivors of rape, sexual assault, sexual abuse and exploitation, or any other form of sexual violence, as well as supporting their family members, friends and/or carers. Our Gender Based Violence (GBV) support services are open to survivors from aged 13 years. We cover Glasgow, Renfrewshire, East Renfrewshire, East Dunbartonshire, West Dunbartonshire and Inverclyde. Significant activities The year 2016 marked 40 years of service delivery by the Rape Crisis Centre in Glasgow. Between 1976 and 2016 the organisation has grown from a small collective of activists and volunteers to a large support organisation with 23 members of staff and 36 active volunteers. Over the past 40 years, the greatest success of the Rape Crisis Centre has been our ability to adapt our service to the needs of the survivors and family members using our service. We have asked for their feedback and listened to what they have told us and welcomed their contribution to shaping the service we now offer. Now, in 2016/17 we are able to offer a wide range of services in response to the needs of our service users, not only in Glasgow city centre but also in Renfrewshire, East Dunbartonshire and West Dunbartonshire where our workers are able to deliver locality based support and advocacy services. One of the main aims of this year has been to remove or reduce those barriers survivors face when trying to access support and advocacy services. Of course, this isn't a one-off event but a work in progress and it will continue to be a focus of our work in the future. Page 1

4 (REGISTERED NUMBER: SC127793) REPORT OF THE TRUSTEES ACHIEVEMENT AND PERFORMANCE Charitable activities In the Director's Report in our 2015/16 annual accounts, we recognised the ongoing increase in demand for our services and the need to improve our premises to try to meet that demand. This became a priority for us as we pressed ahead into 2016/17 and strove to expand our office and support space to accommodate the increased needs of our staff and service users. This year was also the busiest year ever experienced by the rape crisis centre not only coping with the increased demand on services, but with our focus on raising additional funds to expand our work, raise awareness of our wide range of services and more appropriately respond to what survivors were telling us. Between 1st April 2016 and 31st March 2017 there were 15,341 telephone calls, texts and s going through the Rape Crisis Centre. This was a 26% increase on the 2015/16 statistics. In addition, the number of individual survivors and family members receiving medium to long term support for the year 16/17 was 1,157 which was an increase of 24% on the previous year (note: both years' figures include outreach statistics for Renfrewshire, East Dunbartonshire and West Dunbartonshire). Demand on specialist support and advocacy services increased with the demand for support through the justice process for survivors accessing the Support to Report project increasing to 270 for the year 2016/17 and women receiving direct support and advocacy from the Ruby Project increased to 175 women from 45 different countries, speaking 25 different languages. This was compared to 2015/16 when that number stood at 141 women from 43 different countries speaking 21 different languages. The year was dominated by service development, developments across the organisation which put additional pressure on our office and support space but allowed us to work with more women and girls and develop new partnerships with the University of Strathclyde and with the Foreign and Commonwealth Office on a project offering Live Online Support to survivors from our area who are working, living or travelling overseas and who experience sexual violence. Management and Directors had a busy year updating the organisation's Strategic Plan and developing a new Funding Strategy and Communications Strategy to bring the organisation up to date with new developments in communications and to plan for a sustainable financial future. The Board of Directors also felt that in order to be more inclusive, we should change the name of the organisation to reflect the wide area we cover. From 2017 the organisation will rebrand and change its name to Glasgow & Clyde Rape Crisis. Page 2

5 (REGISTERED NUMBER: SC127793) REPORT OF THE TRUSTEES FINANCIAL REVIEW Financial position During the year to comply with FRS 102 and the Charities SORP 2015, Rape Crisis Centre introduced the appropriate accounting for the defined benefit pension scheme, as held within the Strathclyde Pension Fund, to the charity's financial statements (see note 19). Where a pension surplus (or asset), representing the difference between the fair value of the scheme's assets allocated to Rape Crisis Centre and the present value of the scheme's liabilities allocated to Rape Crisis Centre is determined the asset is not included in the Balance Sheet as the Directors believe it cannot be recovered either through reduced contributions or through refunds from the scheme. The surplus was calculated as 64,984 as at 31 March 2017 (2016: 137,984). Under FRS 102 the difference between the fair value of the scheme's assets and the scheme's liabilities measured on an actuarial basis using the projected unit method represents a pension asset or liability as appropriate. As a result of this, the asset/liability can be volatile from year to year and has no impact on the cash contributions to the pension scheme that are based on independent long-term valuations by the external actuary and which the Trustees consider will be funded fi-om the charity's normal activities. In terms of financial performance the Statement of Financial Activities, set out on page 10, shows that gross income increased by 11.4% to 598,440. Total expenditure increased by 6.8% to 585,624, this expenditure includes net pension surplus adjustments of 1,000. After taking account of actuarial gains of 1,000 on the pension scheme, total fund balances have increased by 13,816 (2016: decrease 6,266). Overall, reserves as at 31 March 2017 have increased to 124,842 from 111,026 brought forward as at 31st March As shown in the above section, demand on the service increased once again in 2016/17 and a decision to move to larger premises was taken by the Board of Directors. This decision was dependent on funding being granted by the Big Lottery and this was confirmed in December However, this funding is time limited and in order to ensure a sustainable future for the organisation, a significant piece of work was begun to develop a comprehensive Funding Strategy for the Rape Crisis Centre that will take it forward into the next five years. Principal funding sources The Rape Crisis Centre provides support and advocacy services to survivors of sexual violence across six local authority areas. Therefore, our main sources of funding in the year 2016/17 came from: - Scottish Government Rape Crisis Specific Fund - Scottish Government Violence Against Women and Girls Fund - Scottish Government funding for National Advocacy Project and National Prevention Work - Glasgow City Council - Glasgow Life - Rape Crisis Scotland - Renfrewshire Council - East Dunbartonshire Council - West Dunbartonshire Council - East Renfi-ewshire Council - BBC Children in Need - Awards for all - Big Lottery Young Start - Robertson Trust - R S MacDonald Charitable Trust - Scottish Government 16b - Foundation Scotland - Lloyds TSB Page 3

6 (REGISTERED NUMBER: SC127793) REPORT OF THE TRUSTEES FINANCIAL REVIEW Reserves policy The Board continually review the requirements for the Rape Crisis Centre. In past years Directors have resolved to hold general funds to the equivalent of three months' outgoings for working capital and contingencies, in addition to any restricted and/or designated funds. The Board now recognises that in the current economic climate where grants remain frozen year on year this can be a challenge for a third sector organisation with increasing demands on its services. Therefore, Directors will continue to strive to ensure that funds are accumulated to the best of their abilities given ongoing financial and funding uncertainties. Going concern The Directors adopt a range of methods in order to assess and test the principle of going concern. The Rape Crisis Centre prepares annual budgets and monitors those against monthly management accounts. In consultation with the Centre Manager, the Board regularly reviews income and expenditure trends, both in the short term and medium to long term. This information is used along with the organisation's Strategic Plan to inform decisions about future resourcing requirements. Funding streams are identified and a programme of grant applications developed. In addition, the Rape Crisis Centre has a number of contracts for its services in the form of longer term funding, e.g. BBC Children in Need and Service Level Agreements with local authorities. The Rape Crisis Centre operates a Reserves Policy which it strives to achieve notwithstanding the challenges to the Third Sector over the past four years. As at 31 March 2017 the total assets less current liabilities are reported as 124,842. As noted in the report of the trustees under Financial Position the pension surplus / liability can be volatile from year to year and has no impact on the cash contribution to the pension scheme which the trustees consider will be funded from the charity's normal activities. The Board of Directors believe the going concern principle is appropriate to these financial statements. FUTURE PLANS Moving into 2017/18 we anticipate that the demand on our service will continue to increase as our profile grows and our service develops. With funding secured from Big Lottery for the next three years from April 2017 we can begin the process of moving premises and improving working conditions for our staff, and support space for our service users. Our partnership with the University of Strathclyde's Equally Safe in Higher Education project has involved us in helping develop the Gender Based Violence strategy for the institution as well as developing a programme of 'First Responded training for staff members. This will form part of the 'tool-kit' that is being developed by ESHE for use by universities across Scotland. In 2017, we will also provide a new service alongside the University of Strathciyde's student counselling service with a one year pilot support service with a rape crisis support worker on-site. Our success in winning the Big Lottery/ITV People's Project will give us the opportunity to begin a rolling programme of groupwork for survivors and their family members and partners. New premises will give us dedicated group support space where a wide range of therapeutic group work can take place. With demand for services continuing to grow we plan to increase our volunteer base further with our annual intake of trainee volunteer helpline workers. With the increased demand in service and the huge amount of fundraising carried out by our volunteers and supporters, in 2016/17 our own volunteers contributed over 109,000 of work hours to the Rape Crisis Centre. Every year we see an increase in the level of input from our volunteers and we acknowledge that we would be unable to deliver the level of service we provide without their commitment and passion. We will also continue with the process of achieving the Investing in Volunteers charter mark so that all our partners and stakeholders will know that we provide the highest quality training and support to all our volunteers. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Rape Crisis Centre is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee as defined by the Companies Act The Rape Crisis Centre was established in 1976 and became an incorporated charitable company on 8th October The company is limited by guarantee, not having an authorised share capital, and is governed by its Memorandum and Articles of Association. Page 4

7 (REGISTERED NUMBER: SC127793) REPORT OF THE TRUSTEES STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees The directors of the charitable company who are also charity trustees under charity law are appointed at the annual general meeting of the company. The Rape Crisis Centre Board of Directors reviews the composition of the Board for the mix of skills represented on the Board and seeks to recruit suitable new directors to meet ongoing needs. Organisational structure The directors meet regularly to discuss the operations of the Rape Crisis Centre, whilst day-to-day running of the organisation is delegated to the Centre Manager and Company Secretary and her staff. Induction and training of new trustees On appointment the Directors are provided with relevant information and training including provision of information about the company and a discussion of their role within the company. Key management remuneration The key management of the Rape Crisis Centre are deemed to be the Trustees and the Centre Manager. The remuneration policy for all employees is to match skills, experience and qualifications of each position consistent with a framework allowing market levels in the locality of the employment base. 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. The Board of Directors have developed a stringent Operational Code of Practice and finance policy for staff and volunteers, plus a similar Directors' Code of Practice which will minimise risks to the organisation. The Rape Crisis Centre Directors have decided to regularly review and assess any major risks the organisation may face in every area of its work. The Directors believe that this exercise is key to effective governance and will enable them to make informed decisions about all aspects of the Centre's operational and financial management. Directors will also be enabled to make the most of opportunities when they develop and do so with the confidence that any risk involved will be recognised and managed effectively. To this end a Risk Register for the organisation has been developed. Page 5

8 (REGISTERED NUMBER: SC127793) REPORT OF THE TRUSTEES REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number SC (Scotland) Registered Charity number SC Registered office Citypoint 2 25 Tyndrum Street Glasgow G4 OJY Trustees E Ritch L Watt M Hendry I Fisher J Merchant P Sandhu (resigned 15 December 2016) A Ritchie Allan Company Secretary and Centre Manager I Ken- Independent auditors Hardie Caldwell LLP Statutory Auditors Chartered Accountants Citypoint 2 25 Tyndrum Street Glasgow G4 0JY Bankers The Royal Bank of Scotland pic 393 Sauchiehall Street Glasgow G2 3ND Solicitors Bumess Paull 120 Bothwell Street Glasgow G2 7JL Page 6

9 (REGISTERED NUMBER: SC127793) REPORT OF THE TRUSTEES STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees (who are also the directors of Rape Crisis Centre for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". 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 the charitable company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent; 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 which disclose with reasonable accuracy at any time the fmancial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 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. In so far as the trustees are aware: there is no relevant audit information of which the charitable company's auditors are unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditors, Hardie Caldwell LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting Approved by order of the board of trustees on 26 September 2017 and signed on its behalf by: A Ritchie Allan - Trustee Page 7

10 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF RAPE CRISIS CENTRE (REGISTERED NUMBER: SCI27793) We have audited the financial statements of Rape Crisis Centre for the year ended 31 March 2017 on pages ten to twenty six. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland". This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, in accordance with Section 44(1 )(c) of the Charities and Trustee Investment (Scotland) Act 2005 and regulation 10 of the Charities Accounts (Scotland) Regulations Our audit work has been undertaken so that we might state to the charitable company's members and trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members and trustees as a body, for our audit work, for this report, or for the opinions we have formed. Respective responsibilities of trustees and auditors As explained more fully in the Statement of Trustees Responsibilities set out on page six, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. We have been appointed as auditors under Section 44(l)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors. Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures In the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of; whether the accounting policies are appropriate to the charitable company's circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Report of the Trustees to identify material inconsistencies with the audited financial statements and to identify any information that is apparently materially incorrect based on, or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report. Opinion on financial statements In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2017 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'; and have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations Opinion on other matter prescribed by the Companies Act 2006 In our opinion the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements. Page 8

11 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF RAPE CRISIS CENTRE (REGISTERED NUMBER: SC127793) Matters on which we are required to report by exception We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion; the charitable company has not kept proper and adequate accounting records or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees' remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Marion Hopper (Senior Statutory Auditor) for and on behalf of Hardie Caldwell LLP Statutory Auditors Chartered Accountants Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Citypoint 2 25 Tyndrum Street Glasgow 04 OJY Date Page 9

12 STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Endowment Total Total funds funds fund flmds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 30,249 30,249 5,262 Charitable activities GBV support services 78, , , ,225 Other trading activities Other income 10,798 2,250 10,798 2,250 7,668 2,100 Total 121, , , ,255 EXPENDITURE ON Charitable activities GBV support services 124, , , ,537 NET INCOME/(EXPENDITURE) (3,135) 15,951 12,816 (11,282) Transfers between funds 17 22,815 (19,951) (2,864) 19,680 (4,000) (2,864) 12,816 (11,282) Other recognised gains/(iosses) Actuarial gains/losses on defined benefit schemes Pension scheme asset not recognised (72,000) 73,000 (72,000) 73,000 16,000 (10,984) Net movement in funds 20,680 (4,000) (2,864) 13,816 (6,266) RECONCILIATION OF FUNDS Total funds brought forward 95,571 4,000 11, , ,292 TOTAL FUNDS CARRIED FORWARD 116,251 8, , ,026 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activities. The notes form part of these financial statements Page 10

13 (REGISTERED NUMBER: SCI27793) BALANCE SHEET AT 31 MARCH 2017 FIXED ASSETS Tangible assets Unrestricted funds Notes 13 8,197 Restricted funds Endowment fund 8, Total funds 16, Total funds 18,369 CURRENT ASSETS Debtors Cash at bank and in hand 14 28,644 87,380 20,770 28, ,150 21,598 97, ,024 20, , ,065 CREDITORS Amounts falling due within one year 15 (7,970) (20,770) (28,740) (26,408) NET CURRENT ASSETS 108, ,054 92,657 TOTAL ASSETS LESS CURRENT LIABILITIES 116,251 8, , ,026 NET ASSETS 16,251 8, , ,026 FUNDS 17 Unrestricted funds: General fund Restricted funds Endowment funds 116,251 8,591 95,571 4,000 11,455 TOTAL FUNDS 124, ,026 These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. The financial statements were approved by the Board of Trustees on 26 September 2017 and were signed on its beht A Ritchie Allan -Trustee rrurui EN Ritch -Trustee The notes form part of these financial statements Page 1 1

14 CASH FLOW STATEMENT Notes Cash flows from operating activities: Cash generated from operations 1 14,830 L463 Net cash provided by (used in) operating activities 14,830 L463 Cash flows from investing activities: Purchase of tangible fixed assets (4,147) (5,617) Net cash provided by (used in) investing activities (4,147) (5,617) Change in cash and cash equivalents in the reporting period 10,683 (4,154) Cash and cash equivalents at the beginning of the reporting period 97, ,621 Cash and cash equivalents at the end of the reporting period 108,150 97,467 The notes form part of these financial statements Page 12

15 NOTES TO THE CASH FLOW STATEMENT 1. OPERATING ACTIVITIES Net income/(expenditure) for the reporting period (as per the statement of financial activities) Adjustments for: Depreciation charges Loss on disposal of fixed assets Increase in debtors Increase in creditors Difference between pension charge and cash contributions Net cash provided by (used in) operating activities CASH FLOW FROM ,816 (11,282) 5,486 7, ,645 (7,046) (5,184) 2,332 4,245 1,000 5,016 14,830 1,463 Page 13

16 NOTES TO THE FINANCIAL STATEMENTS 1. GENERAL INFORMATION Rape Crisis Centre is a charitable company limited by guarantee, incorporated and registered in Scotland, under company number SCI and has no share capital. The liability of each member in the event of winding up is limited to 1. The registered charity number is SC The registered office is c/o Hardie Caldwell LLP, Citypoint 2,25 Tyndrum Street, Glasgow, 04 OJY 2. ACCOUNTING POLICIES Basis of preparing the financial statements The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: The financial statements of the charity 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)', Financial Reporting Standard 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland', the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations Reconciliation with previous Generally Accepted Accounting Practice In preparing the financial statements, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 restatement of comparative items was required. It being concluded that adjustments in respect of the pension scheme on transition were required, see note 20. The transition date was 1 April Going concern The Directors adopt a range of methods in order to assess and test the principle of going concern. The Rape Crisis Centre prepares annual budgets and monitors those against monthly management accounts. In consultation with the Centre Manager, the Board regularly reviews income and expenditure trends, both in the short term and medium to long term. This information is used along with the organisation's Strategic Plan to inform decisions about future resourcing requirements. Funding streams are identified and a programme of grant applications developed. In addition, the Rape Crisis Centre has a number of contracts for its services in the form of longer term funding, e.g. BBC Children in Need and Service Level Agreements with local authorities. The Rape Crisis Centre operates a Reserves Policy which it strives to achieve notwithstanding the challenges to the Third Sector over the past four years. As at 31 March 2017 the total assets less current liabilities are reported as 124,842. As noted in the report of the trustees under Financial Position the pension surplus / liability can be volatile from year to year and has no impact on the cash contribution to the pension scheme which the trustees consider will be funded from the charity's normal activities. The Board of Directors believe the going concern principle is appropriate to these financial statements. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fimds, it is probable that the income will be received and the amount can be measured reliably. Grants, and other income received and specified by the fiinder to be for activity after the year end are carried forward in deferred income. Expenditure Resources expended are accounted for on an accruals basis and are recognised when there is a legal or constructive obligation to pay for expenditure. Expenditure is inclusive of any VAT which cannot be recovered. Resources expended on charitable activities relate to the cost of delivering the services of the charity and includes necessary support costs. Governance costs, a category within support costs, are costs attributable to the compliance with statutory requirements. Expenditure is directly attributable to specific activities and has been included in those cost categories. Page 14

17 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 2. ACCOUNTING POLICIES - continued Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property Fixtures and fittings Computer equipment -14% on cost -15% on cost - 25% on reducing balance Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Expendable Endowment funds are funds given to the charity subject to the restriction that they be utilised for capital purposes. These funds are released to income in line with the depreciation charge on the assets acquired with such fonds. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The company contributes to a multi employer pension plan with Strathclyde Pension Fund (see note 19). The charity registered for auto enrolment in July 2016 and makes contributions to a defined contribution scheme. Financial instruments The charity 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. Debtors and accrued income Trade, other debtors and accrued income are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence that the asset is impaired. Cash and cash equivalents Cash and cash equivalents in the balance sheet comprise cash on hand and cash at bank with a short term of maturity, being twelve months or less, from the opening of the deposit or similar account. Other creditors Other creditors are all recognised where the company has a present obligation resulting from a past event and are recognised at the settlement amount due after allowing for any trade discounts due. 3. DONATIONS AND LEGACIES Donations 30,249 5,262 Page 15

18 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 4. OTHER TRADING ACTIVITIES Training and event organising J , INCOME FROM CHARITABLE ACTIVITIES Funding and fees Projects 2017 GBV support services 78, , , Total activities 67, , ,225 The funding and fees were provided by Glasgow City Council 74,437 and East Renfrewshire Council 3,600. For project income see note CHARITABLE ACTIVITIES COSTS GBV support services Direct costs Support costs (See note 7) (See note 8) 543, Totals 585, DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Premises costs General office costs Travel and subsistence Training and conference External support Project costs Depreciation Loss on sale of assets Pension scheme net interest , ,526 16,999 15,402 16,904 14,904 4,493 4,339 1,610 2,282 3,569 3,765 25,858 26,460 4,115 5, ,645 (6,000) (5,000) 543, ,591 Page 16

19 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 8. SUPPORT COSTS GBV support services Management Governance costs Totals Support costs, included in the above, are as follows: Management 2017 GBV support 2016 Total services activities Staff costs Premises costs General office costs Accountancy fees Depreciation 20,472 5,345 5,956 1,548 1,371 20,880 5,134 4,968 2,433 1,755 34,692 35,170 Governance costs 2017 GBV support services 2016 Total activities Staff costs Auditors' remuneration 3,094 3,847 4,176 3,600 6,941 im 9. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Auditors' remuneration Depreciation - owned assets Deficit on disposal of fixed asset 3,847 5, ,600 7,023 1,645 10, TRUSTEES' REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 31 March 2017 nor for the year ended 31 March Trustees' expenses One trustee received travel expenses of 19 in the year to 31 March 2017 (2016: 14). Page 17

20 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 11. STAFF COSTS Wages and salaries 432, ,551 Social security costs 36,234 33,031 Other pension costs 31,035 29,000 See note 19 for an analysis of other pension costs (above). 499, ,582 The key management personnel of the charity comprise the Trustees and the Centre Manager, The total employee benefits of the key management personnel of the charity were 39,504 (2016: 39,006) excluding employer's NIC. The average monthly number of employees during the year was as follows: Sexual violence support staff No employees received emoluments in excess of 60, COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities GBV support services Unrestricted funds 5,262 67,050 Restricted funds 455,175 Endowment fund Total funds 5, ,225 Other trading activities Other income 7,668 2, ,668 2,100 Total 82, , ,255 EXPENDITURE ON Charitable activities GBV support services 99, , ,537 Total 99, , ,537 NET INCOME/(EXPENDITURE) (17,272) 5,990 - (11,282) Transfers between funds 10,321 (5,590) (4,731) (6,951) 400 (4,731) (11,282) Other recognised gains/(losses) Actuarial gains/losses on defined benefit schemes Pension scheme asset not recognised 16,000 (10,984) ,000 (10,984) Net movement in funds (1,935) 400 (4,731) (6,266) Page 18

21 - 4,147 (260) (156) RAPE CRISIS CENTRE NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued RECONCILIATION OF FUNDS Unrestricted Restricted Endowment Total funds funds fund funds Total funds brought forward 97,506 3,600 16, ,292 TOTAL FUNDS CARRIED FORWARD 95,571 4,000 11, , TANGIBLE FIXED ASSETS COST Improvements Fixtures and Computer to property fittings equipment Totals At 1 April ,235 18,977 12,378 98,590 Additions - 4,147 Disposals - (436) (696) At 31 March ,235 18,717 16, ,041 DEPRECIATION At 1 April ,780 18,763 5,678 80,221 Charge for year 2, ,603 5,486 Eliminated on disposal - (298) (454) At 31 March ,644 18,626 7,983 85,253 NET BOOK VALUE At 31 March , ,106 16,788 At 31 March , ,700 18,369 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 3, Other debtors Accrued income 22,871 18,012 Prepayments 1,951 2,697 28,644 21,598 Page 19

22 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 2,454 - Deferred income 20,770 18,744 Accrued expenses 5,516 7,664 28,740 26, LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: Within one year Between one and five years ,901 41,059 72, ,201 7,722 20, MOVEMENT IN FUNDS Unrestricted funds General fund Pension surplus At ,571 Net movement Transfers in funds between funds 15,865 (18,000) 4,815 18,000 At ,251 95,571 (2,135) 22, ,251 Restricted funds Renfrewshire Council Young Start, Glasgow Life, Rape Crisis Scotland Scottish Govt. Specific Fund Scottish Govt. Violence Against Women Fund East Dunbartonshire Council West Dunbartonshire Council BBC Children in Need, R S MacDonald Scottish Government Advocacy Project Rape Crisis Scotland National Advocacy Scottish Govt. FGM Partnership 4,000 (5,448) (2,539) 3,894 7, ,338 2,903 1,987 5,448 (1,461) (3,894) (7,670) (585) (160) (401) (6,338) (2,903) (U987) 4,000 15,951 (19,951) Endowment funds Leasehold Improvements 11,455 (2,864) 8,591 TOTAL FUNDS 111,026 13, ,842 Page 20

23 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 17. MOVEMENT IN FUNDS - continued Net movement in ftinds, included in the above are as follows: Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund Pension surplus 121,334 (105,469) (19,000) 1,000 15,865 (18,000) 121,334 (124,469) 1,000 (2,135) Restricted funds Renfrewshire Council Young Start, Glasgow Life, Rape Crisis 35,500 (40,948) (5,448) Scotland Scottish Govt. Specific Fund Scottish Govt. Violence Against Women 52,086 50,000 72,783 (54,625) (46,106) (65,113) (2,539) 3,894 7,670 Fund East Dunbartonshire Council West Dunbartonshire Council Robertson Trust BBC Children in Need, R S MacDonald Scottish Government Advocacy Project Awards for All Rape Crisis Scotland National Advocacy Scottish Govt. FGM Partnership Lloyds TSB Scottish Government 16b Glasgow City Council Foundation Scotland 25,855 8,000 11,000 56,798 69,600 4,969 40,000 23,564 3,750 8,168 8,025 7,008 (25,270) (7,840) (11,000) (56,397) (63,262) (4,969) (37,097) (21,577) (3,750) (8,168) (8,025) (7,008) ,338 2,903 1, ,106 (461,155) 15,951 TOTAL FUNDS 598,440 (585,624) 1,000 13,816 Page 21

24 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 17. MOVEMENT IN FUNDS - continued Renfrewshire Council - Women and Children 1st: This funding is received to contribute to the cost of a Rape Crisis Centre worker to provide outreach services to the Renfrewshire area. The worker is based in Paisley within the offices of Women and Children 1st. Young Start, Glasgow Life, Rape Crisis Scotland - Rosey Project: This project provides services to young people. Those services include support and advocacy, and prevention workshops in youth projects and schools. Funding covers salary costs, travel costs, workshop costs and a contribution to the overheads of the project. Scottish Government - Rape Crisis Specific Fund: This funding from the Scottish Government provides salary costs for the Deputy Manager's post and a contribution towards core costs for the organisation. Scottish Government - Violence Against Women Fund: These grants from the Scottish Government provide funding for the Support and Access project and the FGM Partnership Project. The fund contributes to the salaries of the Volunteer Co-ordinator, support workers, FGM support and group work costs and service user expenses. East Dunbartonshire Council: Funding is provided by this local authority to cover outreach services in the East Dunbartonshire area. The grant covers the outreach worker's salary and travel costs. West Dunbartonshire: Funding is provided by this local authority to cover services to survivors of sexual violence, abuse and exploitation from this area. Robertson Trust: this grant is combined with others to fund group work programmes throughout the year with survivors across the different rape crisis centre projects. This is also referred to as the Ruby Project. BBC Children in Need, R S MacDonald Charitable Trust - Rosey Project: This project provides services to young people. Those services include support and advocacy, and prevention workshops in youth projects and schools. Funding covers salary costs, travel costs, workshop costs and a contribution to the overheads of the project. Scottish Government and Rape Crisis Scotland - Advocacy Project and National Advocacy: Funding for work carried out in partnership between the Rape Crisis Centre in Glasgow, Rape Crisis Scotland and the Scottish Government. The funds cover salary costs, travel costs and a contribution to the core costs of the organisation. Awards for All: This grant is combined to fund group work programmes throughout the year with survivors across the different rape crisis centre projects. This is also referred to as the Ruby Project. Scottish Government FGM Partnership: Funding received to support the victims of FGM. Lloyds TSB: Funding was provided from the Henry Duncan Awards for work with hard to reach groups. Scottish Government 16b: Funding was received under section 16b of the NHS (Scotland) Act 1978 as amended. Glasgow City Council: Funding was received from Glasgow City Council in respect of group work on the Ruby Project. Foundation Scotland: This grant was awarded to support survivors of FGM. Expendable Endowment: This represents funding received to assist in financing costs of improving the organisation's premises. The Charles Hayward Foundation contributed during 2010 and 2014 to fund the refurbishment of the Rape Crisis Centre's premises. The fund is released each year in line with the depreciation charge of the fixed assets purchased with these funds. Page 22

25 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 17. MOVEMENT IN FUNDS - continued Transfers between funds The transfer of 5,448 to restricted funds from general funds is to cover the deficits incurred on those funds. The transfers from the restricted funds to the unrestricted funds of 25,399 are contributions to the core running costs of the charity. The transfer of 2,864 from the Expendable Endowment Fund to Unrestricted General funds is in respect of depreciation of assets acquired using these monies in line with the charity's accounting policy. 18. RELATED PARTY DISCLOSURES One trustee received travel expenses of 19 in year to 31 March 2017 (2016: 14). Trustees donated a total of 60 to the charity during the year (2016: 60). Page 23

26 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 19. EMPLOYEE BENEFIT OBLIGATIONS Rape Crisis Centre participates in the Strathclyde Pension Scheme, a multi-employer defined benefit scheme which provides benefits to some 95 non-associated employers. The charity also operates a defined contribution pension scheme. Contributions to the schemes during the year were as follows: Defined contribution scheme 6,035 - Defined benefit scheme 18,000 18,984 Total contributions made in the year 24,035 18,984 Less: Employer's contributions n 8.000^ f ^ 6,035 - Current service cost 25,000 29,000 31,035 29,000 Less: net interest income f6.000^ f5.000^ ,000 The actuarial valuation of the Strathclyde Pension Fund as at 31 March 2017 was obtained for accounting purposes. Where a pension surplus (or asset), representing the difference between the fair value of the scheme's assets allocated to Rape Crisis Centre and the present value of the scheme's liabilities allocated to Rape Crisis Centre is determined the asset is not included in the Balance Sheet as the Directors believe it cannot be recovered either through reduced contributions or through refunds from the scheme. The surplus was calculated as 64,984 as at 31 March 2017 (2016: 137,984). The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK. The scheme is classified as a 'last-man standing arrangement'. Therefore, the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme. An actuarial valuation for the scheme was carried out as at 31 March This actuarial valuation showed a fair value of the plan assets of 712,000 and the present value of unfunded liabilities of 647,016 resulting in a closing surplus of 64, Net pension asset Page 24

27 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 19. EMPLOYEE BENEFIT OBLIGATIONS Reconciliation of opening and closing surplus Opening asset at start of period Current service cost Interest income on plan assets Interest cost on defined benefit obligation Employer contributions Remeasurements - Change in financial assumptions Other experience Return on assets Closing asset at end of period Income and expenditure impact Service cost and net interest ,984 (25,000) 22,000 (16,000) 18,000 (181,000) 109, (19,000) ,000 (29,000) 19,000 (14,000) 18,984 23,000 1,000 (8,000) 137, (24,000) Remeasurements (72,000) 16,000 Assumptions used by the actuary were: Pension increase rate 2.3% 2.0% Salary increase rate 2.1% 1.7% Discount rate 2.8% 3.8% Life expectancy is based on the standard actuarial mortality tables, with mortality improvements projected based on members' individual year of birth. Based on these assumptions, the average future life expectancies at age 65 are summarised below: Current pensioners Future pensioners Males 22.1 years 24.8 years Femak 23.6 yeai 26.2 yeai The discount rates used are the equivalent single discount rates which, when used to discount the scheme liabilities, would give the same results as using a full AA corporate bond yield curve to discount the same liabilities. Page 25

28 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED 19. EMPLOYEE BENEFIT OBLIGATIONS The estimated share of the scheme assets attributable to Rape Crisis Centre at 31 March 2017 was 712,000 (2016: 558,000). Those assets were: 2017 % 2016 % Equities 505, , Bonds 85, , Property Cash 78,320 42, , Total assets 712, ,000 The return on the Fund in market value terms for the year to 31 March 2017 was 23.1% The net pension asset of Rape Crisis Centre: Fair value of assets Present value of funded liabilities 712,000 (647,016) 558,000 (420,016) 64, , RECONCILIATION OF ADOPTION OF FRS 102 First year adoption Net income/(expenditure) for the year ended 31 March 2016 Net income/(expenditure) for the year under former UK GAAP Less : Pension scheme adjustment Net income/(expenditure) for the year under FRS 102 (11,282) 5,016 (6,266) Balance Sheet at 31 March 2016 Funds under former UK GAAP 111,026 Funds under FRS ,026 Balance Sheet at 1 April 2015 Funds under former UK GAAP 117,292 Funds under FRS ,292 Page 26