PERSONAL WHOLENESS TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024
PERSONAL WHOLENESS TRUST INDEX Year ended 31 March 2024 Page Reporc of the Trnstee5 Independent Examinerfs Report Statsment of Financial Activtties Balance Sheet Note5 to the Financial Statements
PERSONAL WHOLENESS TRUST REPORT OF THE TKUSTEES Year ended 31 March 2024 The trustees present their report and financial sratements of the charity for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing documenL the Charities Act 201 l and the relevant version of the St2tement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appliCae in the UK and Republic of Ireland (FRS 102). OBJECTIVES AND ACTIVITIES The objective of the chancy is to improve people's well-being through car< counselling and training. The principal activity of the charity is to provide professional care and counselling. Thi5 is achieved by operating a Counselling Cenire in South Woodford where professional counselling takes place and arranging retreats in ocher locations. The Centre uses the title "Counsd for Life" Through carrying out these acuvities the trustees have had due regard to guidance published by the Chariry Commission on public benefiL ACHIEVEMENTS AND PERFORMANCE IN THE YEAR In 2023124, the chariry demonstrated resilience and adaptability in the fxce of ongoing challenges stemming from a reduction in funding and the cononuing after effeas of Covid-19 pandemic. De5Pite the unprecedented pressures. we successfully transitioned to a hybrid model. maintaining a strong connection with our clients through both in-person and digriral plarfornis. The year was marked by our unwavering dedication to mental health sUPPOrt with a focus on inclusion and affordability and culminaong in the successful renewal of the charity'5 Accrediration by the 8ACP for another 5 years. During the year 412 counselling sessions have been held (2023- 431). FINANCIAL REVIEW The financial results are shown on page 6. a £15.530 deficit (2023: £10.320 deficit) was achieved. £12.369 deficic on unrestricted activities and £3.161 deficit on restricred acttvities. The trustees grntefully acknowledge the don2ttons totalling £4.270 (2023: £7,320), without which some of the activities would not be possiblo In 3ddition to financial donation& many have given time and expertise without charge. Funds at 31 March 2024 were £11.763, £10.347 generdl unrestricted funds. £1.416 designated unrestricted funds and £0 restricted funds. These are primarily represented by debtors. cash at bank and creditors. The charity's fixed assets, which have a net book value of £889. are the furniture and equipment needed to run the artivitie5 and administration. The charity has no inve5tmenr& Reserves policy The trustees aim to maintain a balance of general unrestricted reserves in cash and bank accounts (where possible) to equats to 3 months {25%) of annual unrestricted payments excluding those for pilgrimages or retreats, to cover emergency situations that may arise from time to ume. including making staff redundant should that be necessary. Qnerol funds At 31 March 2024 generdl funds were £10.347 (2023: £9.475)- The reSee policy vns achievedl
PERSONAL WHOLENESS TRUST REPORT OF THE TRUSTEES Year ended 31 March 2024 Designoted funds The rrustees may designate additional unrestritted hjnds to be retained for an agreed purpose where thi5 IS considered co be prudenL Such designated funds are reviewed on an annual basis and returned to the general unrestricted fund in the event that the purpose of their designation is no longer considered to be adequate lustification for their retention. A description of each fund together with the intended use of the fijnd is set out in note 13. At 31 March 2024 designated funds were £1.416 (2023.. £14.657). Restricted funds At 31 March 2024 restrirted funds were £0 (2023.. £3.161). A description of each fijnd together with the specified use of the fund is set out in note 13. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document The charity is controlled by tts governing documents, the trust deed dated 22 January 1990 and the supplemental trust deed dated 4 April 1997. It is an unincorporated chariry. Recruitment and Appointment of Trustee5 A list of trustees serving since l April 2022 to the datr of this report Is Set out in the reference 2nd administrative details below. Clause 14 and I S of the trust deed 5rate that new trustees shall be appointed by a resolution at a meeting of the trustres at which there is a majority of the truseS present and that new trustees are required co declare their belief and lanCe to the statement of faith set out in the trust deed schedule. Management Strurture Trustees The trustees meet frequendy and have overnll responsibility for the operntion of the charity. They deal wirh all i5sue5 relating to the retreats. staffing and policies. The trusts consider and approve all applications the charity makes for funding. Both trustees are involved in all decisions and consult3tion5 between them take place as necessary. Monagement Advisory Qou The management advisory group deals with the day co day running of Counsel for Lif& It meets regularly to manage and review clinical and Operation issues. a5 well as marfceting and finance. REFERENCE AND ADMINISTRATIVE DETAILS Charitys Name: Personal Wholeness Trust Charity Registration Number 1000837 Principal Address: l O Crescent Road. London. E18 IJ8 Trustees: During the period the following served as trustees: Revd. David Blackledge Revd. Geoffrey Richardson
PERSONAL WHOLENESS TRUST REPORT OF THE TRUSTEES Year ended 31 March 2024 The charity regards members of the management advisory group as its key personnel. During the year the following served: Revd. David Blackledge Donna Gardner Melanie Paterson James Smith TRUSTEES, RESPONSIBILITIES We are required under charity law to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming and outgoing re50urce5 for that xear. In preparing those financial statements we are required to: selett suitable accounting policies and then apply them consistenttr. observe methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prude state whether applicable accounting standards and statements of recommended practice have been followed. subjert to any deparwres disclosed and explained in the financial statements. and prepare the financial Statements on a going concern basis unless ir is inappropriate to assume that the chariry will continue its activities. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable us co ensure that the financial statements comply with Charity Law. We are also responsible for safeguarding the charity's assets and hence for taking reasonable steps tovords the prevention and detecuon of fraud and other irregularities. This report was approved by the board of trustees on 25 September 2024 and signed on its behalf br. G Richardson Trustee
PERSONAL WHOLENESS TRUST INDEPENDENT EXAMINER'S REPORT Year ended 31 March 2024 I report to the trustees on my examination of the accounts of the Personal Wholeness Trust for the year ended 31 March 2024. RESPONSIBILITIES AND BASIS OF REPORT As the trustees of the charity you are responsibSe for the preparntion of the accounts in accordance with the requirements of the Charities Act 2011 (the Att). I report in respect of my examination of the charit*s accounts carried out under section 145 of the Acc and in carrying out my examinauon I have followed all the applicable Directions &'ven by the Charity Commission under settion 145{5)(b) of the ACL INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confinn that no material matter5 have come to my attention in connettion with the examination giving me ouse to bdieve that in any material re5 accounting records were not kept in respect of the chariry as required by secuon 130 of the A¢ or 2. the accounts do not accord with those record5; or the account5 do not comply with the applicable requirements concerning the forni and content of accounts Set out in the Charities (Accounts and Reports) Regulauons 2008 other than any requirement that the accouncs gve a true and fair which 15 not a matter considered as part of an independent examinarion. I have no concerns and have come across no other matters in connecoon with the examination to which attenuon should be drnwn in this report in order to enable a proper understanding of the accounts to be reached. C L Farndon ACA 10 Mafvir Garden5 Woodford Green Essex IG8 9AB 25 September 2024
PERSONAL WHOENESS TRUST STATEMENT OF FINANCIAL ACTIVITIES Year ended 31 March 2024 Notes Unrestricted Restricted Funds Funds Total 2024 Totol 2023 Income from Donations and legacles Charitable activities Investments Other 4,270 40.772 57 4.270 7.320 25,487 45 1.450 2b 57 2d Total income 45,099 45,099 34.302 Expenditure on Charit2ble activiiies Counselling Retreats 35.783 24.846 35.783 24,846 43.858 764 3b Total expenditure (60.629) (60,629) (44.622) Net Income l (expenditure) Transfers been funds (15,530) 3.161 (15,530) (10.320) 13 (3.161) Net movements in funds for the y¢ar (11369) (3.161) (15,530) {10.320) Reconciliation of funds: Total funds brought foTh¥ard 24,132 3,161 27,293 37,613 Total funds carried forward 11.763 11.763 27.293 All income and expenditure derive from continuing acuvitie5. The accompanying notes on pages 8 to 14 are an integral parr of these financial $tarnents.
PERSONAL WHOLENESS TRUST BALANCE SHEET Year ended 31 March 2024 Notes 2024 2023 Fixed Sets Tan&ble fixed setS 10 loo Current assets Debtors Cash at bank and in hand 5,677 10,367 14,858 29,996 16,044 44,854 Creditors: amounts falling due within one year 12 (5.170) (17,661) Net current assets 10.874 27,193 Net assets 11,763 27,293 Represented br Unrestricted revenue fund - generdl Unrestricted revenue fund - designated 13a 13b 10,347 1,416 9,475 14,657 Total unrestricted fvnds 11,763 24.132 Restricred fvnds 13c 3.161 Total funds 11.763 27,293 The accompanying notes on page5 8 to 14 are an integral parc of these financial statements. The trustees acknowledge their responsibility for ensuring the chariry keeps proper accounting records in accordance with the requirements of the Charities Act 2011 a5 more fully set out in the ststement of Trustees, Responsibilities in the Trustees. ReporL The financial statements on page5 6 to 14 were approved by the trustees on 25 September 2024 and were signed on its behalf by: Revd. G Richardson Trust
PERSONAL WHOLENESS TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2024 ACCOUNTING POLICIES a) Basis of Preparing the Financial Statements The financial sratements have been preyared in accordance with the relwant version of the Statement of Recommended pracuce applicable to chariries preparing their accounts in accordance with the Financial Reporring Standard applicable in the UK and Republic of Irdand (FRS 102) and Charities Acc 201 l and UK Generally Accepted Accouniing Practice. The financial statements have been prepared to give a 'true and fair. view and have deparced from the Charities {Accounts and Reports) Regulxtions 2008 only to the extent required to provide i true and fair, ew. This deparcure has involved following the relevant version of the Statement of Recommended Pracuce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effettive from l April 2005 which has been since withdrawn. The financial statemenr5 are presented in sierlin& which is the funttional currency of the charity, and rounded to the nearest pound sterling. b) Income All income is recognised in the Sratement of Financial Activttses once the charity has entitlement to the incom< it Is probable that the income will be received and the amount can be measured rdiably. c) Expenditure Liabilities zre recolsed as expenditure a5 s¢x)n a5 there 15 a legal or construcuve obligation committing the charity to that expenditu it is probable that a transfer of economic benefirs wlll be required in settlemenr and the amount of the obligauon can be measured reliably. Expenditure 15 accounted for on an accruals basis and has been cla$5ified under headings thai ag£regate ail costs related to that category. Where costs cannot be directiy atEributed to a particular heading they have been allocated to activities on a basis consistent with the use of resources. Tangible red assets and depreciation Individual items of computer equipment used within the charity with a purchase price of over £250 are capitalised, items with a purchase price of £250 or less when the a55et 15 acquired are written off as incurred. Capitalised computer equipment 15 depreciated on a might line basis over 4 years. e) Taxatlon The charity is exempt from tax on its charitable actiyttie Going concern The financial statements have been prepared on a going concern basis as the trustee5 believe that the level of funds held and the expected level of income and expenditure for 12 months from the date of authorising d)ese financial ststements is sufficient for the charirx to be able to continue as a going concern. g) Fund accountinz Unre5trirted fund5 can be used in accordance the charitable objecrives at the discretion of the trustees. Restrictions arise when specified by the donor or when fund5 are raised for particular restritted purposes. The aim and use of each restricted fund is set out note 13. It is the policy of the tru5tes to monitor carefijlly the appliation of those funds in accordance with the restrictions placed upon them.
PERSONAL WHOLENESS TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2024 g) Jud8ements and estimates In the application of the accounon8 policie& the trustees are required to make judgements. eSEimates and assumptions abouc the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other fattors that are Considered to be relevanL Attual results may differ from these estimates. The escimaies and underlying assumptions are continually Wdluated. Revisions to accounting esumates are recognised in the period in which the estimate is revised. In the view of the trustees there are no sources of estimation uncertainry affecting assets or liabilities ar the balance sheet dats that are likely to result in a material adjustment to their carryng amounts in the next flnancial year. INCOME FROM Unre5rritted Restricted Fund Funds Total 2024 Total 2023 (a) Donations and legacies Donations and ft5 4,270 4,270 7.320 4,270 4.270 7,320 (b) Charitable artivities Counselling fees Counselling fees - Financial assisrance Counselling fees - Diocese of Chelmsford Retreats and seminars 13.630 1.785 7,935 17.422 13,630 1,785 7,935 17,422 15,485 1,705 6.925 1.372 40,772 40,T72 25,487 (c) Investments Bank interest 57 57 45 57 57 45 (d) Other Rental income 1.450 1,450 Total income 45.099 45,099 34,302
PERSONAL WHOLENESS TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2024 EXPENDITURE ON Unrestricted Restricted Funds Funds Totsl 2024 Total 2023 (a) Charitable artivities Counselling Counselling fees Supervision fees Clinical lead Professional subscriptions xnd in5urxnce Bad debts Coun5ellor5' training Other 7.272 4.065 3.960 878 7,272 4.065 3,960 878 8.013 4.247 990 805 385 250 192 192 16,367 19.416 16,367 19,416 14.690 29,168 Allocated support costs (see notes 4 and 5) 35,783 35,783 43,858 (b) Charitable artivities - Retreats lona pilgrimage Wigwam recreats 17,786 1,457 17,786 1,457 310 59,243 5.603 19.243 5,603 310 454 Allocated support cosrs (see notes 4 and 5) 24.846 24,846 764 Total expenditure 60,629 60,629 44.622 TOTAL RESOURCES EXPENDED Direct Costs Support Costs Total 2024 Total 2023 Charitable activities Counselling Retreats 16.367 19,243 19.416 5.603 35.783 24,846 43.858 764 35.610 25.019 60.629 44.622 10
PERSONAL WHOLENESS TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2024 SUPPORT COSTS ALLOCATION Finance, governance and staff costs have been allocated on an estimated time basis of the individuals inyolyed. All other cost5 have been allocated based on an errimate of how much the resource 15 used by each category. The allocation is: Totxl Total 2024 2023 Counselling Retreats Charitable activities Finance Governance 3.159 1,035 425 351 3,510 1.150 472 1,346 200 18,341 3.772 1.300 537 2.162 3, 704 18,147 IT Office Property Staff 47 135 20 4,935 180 13,406 19.416 5.603cc 25,019 29.622 STAFF COSTS AND EMOLUMENTS 2024 2023 Gross wages and salaries Employer's National Insurance contributions Employerfs pension contribution5 17,953 17.111 388 365 18.341 17.476 No employee received more than £60,CM)O during the year (2023." none). The total employee benefits of the key management personnel of the chariry were £1,890 (2023: £1.823). The average number of persons employ during the year 2024 Number 2023 Number Average number of staff PENSION COSTS 2024 Number 2023 Number The chariry operatrs a workplace pension schem& - number of staff to whom benefits accrued - costs for the year 365 - contributions outstandlng at year end
PERSONAL WHOLENESS TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2024 NET INCOME I EXPENDITURE FOR THE YEAR 2024 2023 This is stated after charg4n Independent Examiner fee re 2024 Independent Examiner fee re 2023 Independent Examiner fee re 2022 Depreciation 1,150 1,050 25Q 100 396 RELATED PARTY TRANSACTIONS David Blackiedge is the principal of the sole trader business Ontolog. One member of 5tsff work5 for both the Personal Wholeness Trnst and Ontolog. The payroll 15 run by the Personal Wholeness Trust. The proporttonate amounts are recharged. to Ontolog. and deducred from the payroll costs. In the financial year £16,451 was recharged to Ontolog (2023: £15,653) of which £195 w3s outstanding at 31 March 2024 (2023: £521. TANGIBLE FIXED ASSETS Furniture and equipment Cost or valuation At l April 2023 Addioons 1.639 1,186 At 31 March 2024 1825 Depreciation At l April 2023 Charge for year (1.539) (397) At 31 March 2024 (1,936) Net book value At l April 2023 At 31 March 2024 DEBTORS 2024 2023 Trade debtors Other debtors Prepaymenr5 3,165 362 1150 4.061 219 10,578 5,677 14,858
PERSONAL WHOLENESS TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2024 CREDITORS- DUE WITHIN ONE YEAR 2024 2023 Trade creditor5 Other creditors Accruals Deferred income 1.139 1,071 2,880 80 1.903 2.968 12.790 5,170 17,661 13. FUNDS - MOVEMENTS IN YEAR Balance at 1.4.23 Balance at 31.3.24 Income Expenses Transfers (a) General General 9,475 45.099 (60.629) 16,402 10.347 9,475 45,099 (60,629) 16.402 10.347 (b) Designated Hardship 14.657 (13,241) 1.416 14.657 (13,241) 1.416 (c) Restricted Hardship 3.161 {3,161) 3.161 {3,161) 27.293 45.099 (60.629) 11,763 The general fund repre*nts the unresrricted fund5 that are avwlable for the charity ro spend in line wlth their aims and objectives De51 nated Funds Hardship This fund was created to help those who are unable to afford the full costs of consuEtations. It has been financed pardy from general giving to the charity and also from surpluses. It will continue to be used in future years and the rate of rake up will depend on the demand from applicants. Restricted Funds Hardship Thi5 fund was created to help those who are unable to afford the full costs of corisultations. It has been financed by w'fts given specifically for rhat purpose The fund was fully spent during the year. 13
PERSONAL WHOLENESS TRUST NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2024 ANALYSIS OF NET ASSETS BY FUND Tot21 2024 Totol 2023 Funds Funds Fixed assets Debtors. accrued income and prepxyments Cash at bank and in hand Credttors due wtthin one year 889 100 5,677 14,858 10,367 29.996 (5,170) (17.661) 27,293 5,677 10,367 (5,170) Net a$5ets 11.763 11.763 PRIOR YEAR COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Funds Restricted Funds Tot31 2023 Ineome from Donations and legacies Charitsble acttvities Investments Other 7,320 25,487 39 1,450 7,320 25.487 45 1,450 Total income 34.296 34,302 Expenditure on Charitable activities Counselling Retreats 43.858 764 43,858 764 Total expenditure {44.622} (44,622) Net income l (expenditure) Transfers between funds (10.326) 3.435 (10.320) (3,435) Net movements in funds for the year (6.891) (3,429) (10.320) Reconciliation of funds: Total funds brought forward 31,023 6,590 37,613 Total funds carrled forward 24,132 3.161 27,293 14