Charity Number: 1003589
THE ENFIELD COUNSELLING SERVICE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
THE ENFIELD COUNSELLING SERVICE
CONTENTS
| Page | |
|---|---|
| Trusteesand Advisers | 1 |
| Report of the Trustees | 2-3 |
| Independent Examiners Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7-9 |
THE ENFIELD COUNSELLING SERVICE
TRUSTEES AND ADVISERS YEAR ENDED 31ST DECEMBER 2023
| Registration Number: | 1003589 |
|---|---|
| Address: | 1A London Road, Enfield, EN2 6BN |
| Trustees: | Julia Watson |
| Patrick Madigan – resigned 18/09/2023, re-appointed 2/01/2024 | |
| Rita Deegan – appointed 23/01/2024 | |
| Independent Examiner: | S.J.Hertzberg Esq |
| Chartered Accountant | |
| 18 Glebelands Avenue | |
| London | |
| E18 2AB | |
| Bankers: | CAF Bank |
| 25 Kings Hill Avenue | |
| Kings Hill | |
| West Malling | |
| Kent, ME19 4JQ | |
| Constitution Adopted 10th | November 1990 amended 7th June 1991 |
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THE ENFIELD COUNSELLING SERVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
The trustees present their annual report for the year ended 31st December 2023 which have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charities governing document, the Charities Act 2011 and 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 published on 16 July 2014. A copy of these accounts have been filed with the Charity Commission.
Our Aims and objectives
The principal purpose of the Charity is to relieve persons living or working in the London Borough of Enfield and the adjoining neighbourhood who are suffering from mental or emotional distress by the provision of a counselling service and in addition to educate and train persons in the principles and practice of counselling.
The aim of the charity is to provide counselling and psychotherapy on an affordable basis to people with emotional, psychological and relationship problems. To provide high quality professional training to equip counsellors to work safely in institutions or in independent practice.
Structure, Governance and Management
The charity operates under its constitution which was adopted 10 November 1990. The charity is run by an Executive and Advisory Committee who also act as the charity trustees, meeting at least three times a year. The committee consists of two officers and up to six additional persons.
The committee members annually review the risks the charity faces. Those identified are statutory rules regarding the safety of its operations and adherence to relevant standards affecting the services supplied by the charity. These are ameliorated by the charity being affiliated to the Westminster Pastoral Foundation together with formulating appropriate policies which are regularly reviewed and updated as necessary.
Review of activities
The majority of the charity’s income is derived from fees for the provision of counselling services and training. The results for the period are set out on page 5 to the accounts.
We are pleased to announce with the restructuring last year, we have been able to generate additional income and in turn return to a surplus for the year
Achievement and performance
We offer courses at four levels: Four Week Introduction to Psychodynamic Counselling, One Year Certificate in Psychodynamic Counselling, Three Year Diploma In Psychodynamic Counselling, and the advanced level Diploma in Psychodynamic Psychotherapy. We also introduced a monthly film club to further enhance student studies.
We are also introducing a new one year professional supervisor’s course and a couples course for 2024
During 2023 the Centre conducted 88 appraisals of new clients, adding 83 new clients, and averaging approximately 127 current clients throughout the year.
As of December 31[st] 2023 there were 50 students and trainees, and 25 qualified counsellors
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THE ENFIELD COUNSELLING SERVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023
Financial review and reserves
The majority of the charity’s income is derived from fees for the provision of counselling services and training . Incoming resources generated £275,601 (2022 £237,539). Net surplus for the year amounted to £9,766 (2022 £24,319 deficit). At the end of the financial year reserves were £77,475 (2022 £67,709). The adequacy of the reserves is reviewed twice a year by the Trustees to ensure they meet the charity’s requirements.
Executive and Advisory Committee Members
The Trustees are appointed under the relevant terms of the charity’s constitution. The Executive and Advisory committee is responsible for the day to day management of the charity.
Trustees’ responsibilities in relation to the financial statements
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to Charities in England and Wales 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:-
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed subject to any departures disclosed and explained in the financial statements, and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities 2011 Act, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by :
Julia Watson
Trustee
Approved on: 22 October 2024
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INDEPENDENT EXAMINER’S REPORT TO THE MANAGEMENT COMMITTEE OF THE ENFIELD COUNSELLING SERVICE
I report on the accounts of the Charity for the year ended 31 December 2023, which are set out on pages 5 to 9.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under Section 145 of the 2011 Act);
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to follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with Section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Other matters
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the Financial Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended practice issued on 1 April 2015 which is referred to in the extant regulations but has been withdrawn. We understand that this has been done in order for the accounts to provide a true and fair view in accordance with The Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
S. Hertzberg ACA
Chartered Accountant 18 Glebelands Avenue LONDON E18 2AB Date: 24 October 2024
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THE ENFIELD COUNSELLING SERVICE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023
| INCOME Income from charitable activities Fees from clients for counselling services Fees for training Fees for miscellaneous services Income from generated funds Donations and fund raising activities Interest on cash deposits Total income EXPENDITURE Charitable activities Staff costs Training costs Fees payable Supervision costs Rental costs and rates Subscriptions Printing, postage and stationery Legal fees Insurance Telephone General expenses Cleaning Repairs Bank charges Depreciation Advertising Governance costs (note 6) Total expenditure NET INCOME/(DEFICIT) FOR THE YEAR Reconciliation of funds At 1st January 2023 At 31st December 2023 |
Total Funds 2023 £ 100,372 150,005 11,316 12,190 1,718 275,601 71,645 61,029 14,986 52,663 30,769 2,045 2,172 2,567 751 751 3,356 1,966 341 767 3,687 16,340 265,835 ______ 9,766 67,709 77,475 |
Total Funds 2022 £ 94,887 129,917 9,384 3,009 342 237,539 60,444 69,941 13,468 63,604 22,601 1,868 3,456 - 2,763 718 1,961 2,761 3,856 484 408 1,338 12,187 261,858 _ (24,319) _92,028 67,709 |
|---|---|---|
The attached notes on pages 8 to 10 form part of these financial statements.
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THE ENFIELD COUNSELLING SERVICE
BALANCE SHEET AS AT 31ST DECEMBER 2023
Note FIXED ASSETS CURRENT ASSETS 2 Debtors – due within one year 7 24,280 Debtors – due over one year 7 9,125 Cash at bank 118,970 ______ 152,375 Creditors -falling due over one year 8 76,794 __ NET ASSETS REPRESENTED BY: Unrestricted general fund TOTAL FUNDS |
2023 £ 1,894 75,581 77,475 ===== 77,475 77,475 |
72,858 9,125 94,173 176,156 109,947 _ |
2022 £ 1,500 66,209 67,709 ===== 67,709 |
|---|---|---|---|
| 67,709 |
The financial statements were approved by the trustees and signed on their behalf by:
Trustee: Julia Watson
Approved on: 22 October 2024
The attached notes on pages 8 to 10 form part of these financial statements.
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THE ENFIELD COUNSELLING SERVICE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
1. ACCOUNTING POLICIES
In preparing the financial statements the following accounting policies have been complied with:
- a) Basis of preparation - The financial statements have been prepared in accordance with the charity’s governing document, the Charities act 2011 and 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 (FRS 102) and UK Generally Accepted Practice as it applies from 1 January 2015.
The financial statements have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended practice effective from 1 April 2005 which has since been withdrawn.
The accounts have been prepared in sterling, which is the functional currency of the charity. Monetary amounts in these statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principle accounting policies adopted are set out below.
The Enfield Counselling Service meets the definition of a public benefit entity under FRS 102.
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b) Going concern – after making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
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c) Tangible fixed assets
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Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Computer equipment 25% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
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d) Fees for counselling services are included on a receivables basis .
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e ) Fees for training are included on an accruals basis.
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f) Bank interest receivable is included in the Statement of Financial Activities on an accruals basis.
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g) All expenditure is included in the Statement of Financial Activities on an accruals basis.
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h) General funds are surpluses arising from fees and other incoming resources receivable or generated for the objects of the charity for use without any specified purpose.
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THE ENFIELD COUNSELLING SERVICE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
1. ACCOUNTING POLICIES – con't
i) Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity.
j) Financial instruments – the charity only has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2. FIXED ASSETS Computer Equipment £ Cost – brought forward 1,908 Additions 1,161 Cost – carried forward 3,069 Accumulated depreciation Brought forward 408 Charge for year 767 Carried forward 1,175 Net book value – at 31 December 2023 1,894 Net book value – at 31 December 2022 1,500
3. TAXATION
The charity is registered and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
4. REMUNERATION OF TRUSTEES
No remuneration or expenses were paid to the Trustees who served during the year.
5. STAFF COSTS
No employee received emoluments of over £60,000 during the year (2022 £nil). There was one full time staff member (2022: one) and two part time staff (2022:1) plus external advisors.
| 6. ANALYSIS OF SUPPORT COSTS Charitable Governance Total Activities costs £ £ £ Rent, rates and service charges 34,188 30,769 3,419 Fees 19,946 14,986 4,960 Staff costs 79,606 71,645 7,961 133,740 117,400 16,340 _ __ |
6. ANALYSIS OF SUPPORT COSTS Charitable Governance Total Activities costs £ £ £ Rent, rates and service charges 34,188 30,769 3,419 Fees 19,946 14,986 4,960 Staff costs 79,606 71,645 7,961 133,740 117,400 16,340 _ __ |
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THE ENFIELD COUNSELLING SERVICE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
| 7.DEBTORS Due within one year: Prepayments and accrued income Due over one year: Other debtor 8. CREDITORS:Amounts falling due within one year Accruals and deferred income Other creditors 9. RELATED PARTY TRANSACTIONS During the year one of the trustees donated £5,000 (2022: £Nil) to the charity. |
2023 2022 £ £ 24,280 72,858 _ _ 9,125 9,125_ 2023 2022 £ £ 57,566 93,161 19,228 16,786 _____ ____ 76,794 109,947 _ _____ |
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