IRIS Accounts Production v23.2.0.158 Other Company accounts True false Pounds 1.4.22 31.3.23 31.3.23 FY FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2469142022-03-31SC2469142023-03-31SC2469142022-04-012023-03-31SC2469142021-03-31SC2469142021-04-012022-03-31SC2469142022-03-31SC246914ns22:CharitableCompanyLimitedByGuarantee2022-04-012023-03-31SC246914ns15:PoundSterling2022-04-012023-03-31SC246914ns11:FRS1022022-04-012023-03-31SC246914ns11:IndependentExaminationCharity2022-04-012023-03-31SC246914ns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-04-012023-03-31SC246914ns11:FullAccounts2022-04-012023-03-31SC246914ns11:CharitiesSORP2022-04-012023-03-31SC246914ns16:EnglandWales2022-04-012023-03-31SC246914ns11:RegisteredOffice2022-04-012023-03-31SC246914ns22:Trustee22022-04-012023-03-31SC246914ns22:Trustee32022-04-012023-03-31SC246914ns22:Trustee42022-04-012023-03-31SC246914ns22:Trustee52022-04-012023-03-31SC246914ns22:Trustee62022-04-012023-03-31SC246914ns22:Trustee72022-04-012023-03-31SC246914ns22:Trustee82022-04-012023-03-31SC246914ns22:Trustee12022-04-012023-03-31SC246914ns22:Trustee92022-04-012023-03-31SC246914ns22:Trustee102022-04-012023-03-31SC246914ns22:Trustee112022-04-012023-03-31SC246914ns22:Trustee122022-04-012023-03-31SC246914ns22:TotalUnrestrictedFunds2022-04-012023-03-31SC246914ns22:TotalRestrictedIncomeFunds2022-04-012023-03-31SC246914ns22:Activity82022-04-012023-03-31SC246914ns22:TotalUnrestrictedFundsns22:Activity82022-04-012023-03-31SC246914ns22:Activity8ns22:TotalRestrictedIncomeFunds2022-04-012023-03-31SC246914ns22:Activity82021-04-012022-03-31SC246914ns22:Activity92022-04-012023-03-31SC246914ns22:Activity9ns22:TotalUnrestrictedFunds2022-04-012023-03-31SC246914ns22:Activity9ns22:TotalRestrictedIncomeFunds2022-04-012023-03-31SC246914ns22:Activity92021-04-012022-03-31SC246914ns22:Activity102022-04-012023-03-31SC246914ns22:Activity10ns22:TotalUnrestrictedFunds2022-04-012023-03-31SC246914ns22:Activity10ns22:TotalRestrictedIncomeFunds2022-04-012023-03-31SC246914ns22:Activity102021-04-012022-03-31SC246914ns22:Activity112022-04-012023-03-31SC246914ns22:Activity11ns22:TotalUnrestrictedFunds2022-04-012023-03-31SC246914ns22:Activity11ns22:TotalRestrictedIncomeFunds2022-04-012023-03-31SC246914ns22:Activity112021-04-012022-03-31SC246914ns22:Activity122022-04-012023-03-31SC246914ns22:Activity12ns22:TotalUnrestrictedFunds2022-04-012023-03-31SC246914ns22:Activity12ns22:TotalRestrictedIncomeFunds2022-04-012023-03-31SC246914ns22:Activity122021-04-012022-03-31SC246914ns22:TotalUnrestrictedFunds2022-03-31SC246914ns22:TotalRestrictedIncomeFunds2022-03-31SC246914ns22:TotalUnrestrictedFunds2023-03-31SC246914ns22:TotalRestrictedIncomeFunds2023-03-31SC246914ns22:TotalUnrestrictedFundsns6:WithinOneYear2023-03-31SC246914ns22:TotalRestrictedIncomeFundsns6:WithinOneYear2023-03-31SC246914ns6:WithinOneYear2023-03-31SC246914ns6:WithinOneYear2022-03-31SC24691422022-04-012023-03-31SC246914ns6:OwnedAssets2022-04-012023-03-31SC246914ns6:OwnedAssets2021-04-012022-03-31SC246914ns22:TotalUnrestrictedFunds2021-04-012022-03-31SC246914ns22:TotalRestrictedIncomeFunds2021-04-012022-03-31SC246914ns22:TotalUnrestrictedFundsns22:Activity82021-04-012022-03-31SC246914ns22:Activity8ns22:TotalRestrictedIncomeFunds2021-04-012022-03-31SC246914ns22:Activity9ns22:TotalUnrestrictedFunds2021-04-012022-03-31SC246914ns22:Activity9ns22:TotalRestrictedIncomeFunds2021-04-012022-03-31SC246914ns22:Activity10ns22:TotalUnrestrictedFunds2021-04-012022-03-31SC246914ns22:Activity10ns22:TotalRestrictedIncomeFunds2021-04-012022-03-31SC246914ns22:Activity12ns22:TotalUnrestrictedFunds2021-04-012022-03-31SC246914ns22:Activity12ns22:TotalRestrictedIncomeFunds2021-04-012022-03-31SC246914ns6:FurnitureFittings2022-03-31SC246914ns6:FurnitureFittings2022-04-012023-03-31SC246914ns6:FurnitureFittings2023-03-31SC246914ns6:FurnitureFittings2022-03-31
REGISTERED COMPANY NUMBER: SC246914 (Scotland)
REGISTERED CHARITY NUMBER: 005241














Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Women's Aid Orkney

Women's Aid Orkney






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 14

Women's Aid Orkney (Registered number: SC246914)

Report of the Trustees
for the year ended 31 March 2023


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 2023. 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
The Charity's overarching objectives are to raise awareness across services and communities of the causes and consequences of domestic abuse and gender inequalities and to provide services to meet the needs of women, children and young people who have been affected.

In furtherance of those objectives WAO provide service users with:
- Specialist crisis support, advocacy and information
- On-going support
- Refuge accommodation (where possible and appropriate)
- And work in partnership with other agencies

The trustees provide the staff team with;
- On going support in all aspects of the service
- working together to take the service forward to meet the needs of the community
- Build stronger working relationships with other agencies and the wider community to challenge the root causes of domestic abuse and how we think about it.

ACHIEVEMENT AND PERFORMANCE
As a board we continue working towards the following goals:
- Growing our women's membership base, in particular engaging with younger women and expanding our collective skill set.
- Engaging with men supporters through a local white ribbon campaign.
- Best practice governance
- Networking with other local organisations with shared interests.
- Ensuring that we care for our staff by providing proper support to manage the impact of stress and/or ill health.

We had 139 new women referrals and supported 160 women in total. We also had 45 children and young people referrals and supported 61 children and young people in total. 56 women moved on to independent living.
Within the actively supported group of women there were 98 who were given intensive support.

FINANCIAL REVIEW
Incoming resources for the year totalled £448,528. Total resources expended amounted to £453,712. At 31 March 2023, the overall balance of funds was £80,425.

The directors have examined the requirement to maintain free reserves and concluded that the most appropriate level is between six and nine months operational expenditure. The purpose of this decision is to manage risk. The directors consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities whilst consideration is given to ways in which additional funds may be raised. Reserves at the end of the year were sufficient to maintain approximately six months operating costs at current budgeted levels.

FUTURE PLANS
As a board we will strive to
- continue to support our staff team by providing adequate resources
- ensure we source sufficient funds to support service development and staff training
- continue to build and strengthen relationships between trustees and staff team
- expand our membership and supporter bases
- campaign to ensure that the voices of abused women and children are both heard and respected
- continue to work in partnership with other local services to ensure our community has a joined-up approach to delivering the best outcomes possible.


Women's Aid Orkney (Registered number: SC246914)

Report of the Trustees
for the year ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a company limited by guarantee, incorporated on 31 March 2003 and registered as a charity on 31 March 2005. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association. Under the company's articles, the Board of Directors is elected at each AGM. All directors must resign yearly but may present themselves for re-election.
None of the directors has any beneficial interest in the company. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up.
The Board of Directors is responsible for the strategic direction and policy of the organisation. The Service Manager is responsible for the day to day management and development of services, supervision of the staff team and ensuring that good practice guidelines are adhered to.

The directors have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. The most significant external risks are identified as financial and the board will remain focused on developing strategies to mitigate these risks. Internal risks are minimised by the regular quantitative and qualitative monitoring and evaluation of all projects and the regular supervision and appraisal of all staff. Specific financial and administrative reports are also provided regularly to individual funders.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC246914 (Scotland)

Registered Charity number
005241

Registered office
c/o 39A Victoria Street
Kirkwall
Orkney
KW15 1DN

Trustees
M Mackie (resigned 30.6.22)
Ms N McWhinnie
Ms C A Ritchie
Ms C A Hume (resigned 1.10.22)
Ms E Andrews
Ms L M MacLean
Ms L S Ayllon
Mrs D K Johnston
Ms G R Harrison (appointed 18.9.23)
Miss S E Buck (appointed 24.10.23)
Ms L R Miller (appointed 26.6.23)
Ms L Weber (appointed 26.6.23)

Independent Examiner
Foubister & Bain
4 Broad Street
Kirkwall
Orkney
KW15 1NX

Approved by order of the board of trustees on 30 October 2023 and signed on its behalf by:



Mrs D K Johnston - Trustee

Independent Examiner's Report to the Trustees of
Women's Aid Orkney

I report on the accounts for the year ended 31 March 2023 set out on pages four to fourteen.

Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement
In connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.








Charles W Flett
The Institute of Chartered Accountants of Scotland

Foubister & Bain
4 Broad Street
Kirkwall
Orkney
KW15 1NX

30 October 2023

Women's Aid Orkney

Statement of Financial Activities
for the year ended 31 March 2023

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 100,845 328,309 429,154 370,753

Charitable activities
Refuge rental income 19,255 - 19,255 15,367

Investment income 3 119 - 119 6
Total 120,219 328,309 448,528 386,126

EXPENDITURE ON
Charitable activities
Professional services 7,154 1,020 8,174 4,796
Staff Costs 61,032 303,533 364,565 310,812
Other Operating Costs 33,568 42,770 76,338 72,582
Grant Spend 730 3,905 4,635 8,729
Total 102,484 351,228 453,712 396,919

NET INCOME/(EXPENDITURE) 17,735 (22,919 ) (5,184 ) (10,793 )


RECONCILIATION OF FUNDS
Total funds brought forward 77,573 8,036 85,609 96,402

TOTAL FUNDS CARRIED FORWARD 95,308 (14,883 ) 80,425 85,609

Women's Aid Orkney (Registered number: SC246914)

Balance Sheet
31 March 2023

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 11,739 231 11,970 3,567

CURRENT ASSETS
Debtors 9 2,290 233 2,523 1,106
Cash at bank and in hand 87,159 960 88,119 118,972
89,449 1,193 90,642 120,078

CREDITORS
Amounts falling due within one year 10 (5,880 ) (16,307 ) (22,187 ) (38,036 )

NET CURRENT ASSETS/(LIABILITIES) 83,569 (15,114 ) 68,455 82,042

TOTAL ASSETS LESS CURRENT
LIABILITIES

95,308

(14,883

)

80,425

85,609

NET ASSETS 95,308 (14,883 ) 80,425 85,609
FUNDS 11
Unrestricted funds 95,308 77,573
Restricted funds (14,883 ) 8,036
TOTAL FUNDS 80,425 85,609

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Women's Aid Orkney (Registered number: SC246914)

Balance Sheet - continued
31 March 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 30 October 2023 and were signed on its behalf by:





D K Johnston - Trustee

Women's Aid Orkney

Notes to the Financial Statements
for the year ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

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.



Fixtures and equipment - 20% 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 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.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.


Women's Aid Orkney

Notes to the Financial Statements - continued
for the year ended 31 March 2023

2. DONATIONS AND LEGACIES
2023 2022
£    £   
Grants 392,892 306,089
Subscriptions 311 59
Donations 18,816 19,299
Small Grants 17,135 45,306
429,154 370,753

Grants received, included in the above, are as follows:

2023 2022
£    £   
OIC 59,528 59,522
Scottish Government 253,866 191,015
Other 79,498 44,872
Corra - 10,680
392,892 306,089

3. INVESTMENT INCOME
2023 2022
£    £   
Interest receivable 119 6

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£    £   
Depreciation - owned assets 1,311 801

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.



Women's Aid Orkney

Notes to the Financial Statements - continued
for the year ended 31 March 2023

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

2023 2022
Staff 14 11

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

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 139,633 231,120 370,753

Charitable activities
Refuge rental income 15,367 - 15,367

Investment income 6 - 6
Total 155,006 231,120 386,126

EXPENDITURE ON
Charitable activities
Professional services 4,396 400 4,796
Staff Costs 62,963 247,849 310,812
Other Operating Costs 57,850 14,732 72,582
Grant Spend 8,729 - 8,729
Total 133,938 262,981 396,919

NET INCOME/(EXPENDITURE) 21,068 (31,861 ) (10,793 )
Transfers between funds (25,543 ) 25,543 -
Net movement in funds (4,475 ) (6,318 ) (10,793 )

RECONCILIATION OF FUNDS
Total funds brought forward 82,048 14,354 96,402

TOTAL FUNDS CARRIED FORWARD 77,573 8,036 85,609


Women's Aid Orkney

Notes to the Financial Statements - continued
for the year ended 31 March 2023

8. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022 65,832
Additions 9,714
At 31 March 2023 75,546
DEPRECIATION
At 1 April 2022 62,265
Charge for year 1,311
At 31 March 2023 63,576
NET BOOK VALUE
At 31 March 2023 11,970
At 31 March 2022 3,567

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,240 -
Prepayments 1,283 1,106
2,523 1,106

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Social security and other taxes - 104
Accruals 1,585 1,585
Grants in Advance 20,602 36,347
22,187 38,036


Women's Aid Orkney

Notes to the Financial Statements - continued
for the year ended 31 March 2023

11. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 77,573 17,735 95,308

Restricted funds
Volunteer Recruitment 1,911 - 1,911
Children's Youth Project 5,337 1,169 6,506
Domestic Abuse Service Development 788 (9,662 ) (8,874 )
Family Worker - 803 803
Womens - (15,229 ) (15,229 )
8,036 (22,919 ) (14,883 )
TOTAL FUNDS 85,609 (5,184 ) 80,425

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 120,219 (102,484 ) 17,735

Restricted funds
Children's Youth Project 77,115 (75,946 ) 1,169
Domestic Abuse Service Development 9,713 (19,375 ) (9,662 )
Family Worker 56,425 (55,622 ) 803
Womens 185,056 (200,285 ) (15,229 )
328,309 (351,228 ) (22,919 )
TOTAL FUNDS 448,528 (453,712 ) (5,184 )


Women's Aid Orkney

Notes to the Financial Statements - continued
for the year ended 31 March 2023

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.22
£    £    £    £   
Unrestricted funds
General fund 82,048 21,068 (25,543 ) 77,573

Restricted funds
Volunteer Recruitment 1,911 - - 1,911
Children's Youth Project 6,066 (729 ) - 5,337
Domestic Abuse Service Development 788 - - 788
Violence Against Women 6,143 - (6,143 ) -
Orkney Rape Crisis Service 1,914 - (1,914 ) -
Family Worker (9,484 ) (4,897 ) 14,381 -
Womens 7,016 (26,235 ) 19,219 -
14,354 (31,861 ) 25,543 8,036
TOTAL FUNDS 96,402 (10,793 ) - 85,609

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 155,006 (133,938 ) 21,068

Restricted funds
Children's Youth Project 72,550 (73,279 ) (729 )
Family Worker 28,889 (33,786 ) (4,897 )
Womens 129,681 (155,916 ) (26,235 )
231,120 (262,981 ) (31,861 )
TOTAL FUNDS 386,126 (396,919 ) (10,793 )

Women's Aid Orkney

Notes to the Financial Statements - continued
for the year ended 31 March 2023

11. MOVEMENT IN FUNDS - continued

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

Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.23
£    £    £    £   
Unrestricted funds
General fund 82,048 38,803 (25,543 ) 95,308

Restricted funds
Volunteer Recruitment 1,911 - - 1,911
Children's Youth Project 6,066 440 - 6,506
Domestic Abuse Service Development 788 (9,662 ) - (8,874 )
Violence Against Women 6,143 - (6,143 ) -
Orkney Rape Crisis Service 1,914 - (1,914 ) -
Family Worker (9,484 ) (4,094 ) 14,381 803
Womens 7,016 (41,464 ) 19,219 (15,229 )
14,354 (54,780 ) 25,543 (14,883 )
TOTAL FUNDS 96,402 (15,977 ) - 80,425

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 275,225 (236,422 ) 38,803

Restricted funds
Children's Youth Project 149,665 (149,225 ) 440
Domestic Abuse Service Development 9,713 (19,375 ) (9,662 )
Family Worker 85,314 (89,408 ) (4,094 )
Womens 314,737 (356,201 ) (41,464 )
559,429 (614,209 ) (54,780 )
TOTAL FUNDS 834,654 (850,631 ) (15,977 )


Women's Aid Orkney

Notes to the Financial Statements - continued
for the year ended 31 March 2023

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.