CHARrrY REGISTRATION NUMBER: 1005967 The Norwich Centre for Personal Professional and Spiritual Development Unaudited financial statements 31 August 2024
The Norwich Centre for Personal Professional and Spiritual Development Financial statements Year ended 31 August 2024 Trustees. annual report Independent examinerfs report to the bustees Statement of financial activitss 11 Balance sheet 12 Notes to the financial statenEnts 13
The Norwich Centre for Personal Professional and Spiritual Development Trustees, annual report Year ended 31 August 2024 The tru5tee5 present their report and the unaudsted financial ststements of the charity for the year ended 31 August 2024. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accovnts and comply with the charity's goveming dcrument, the Charities Ad 2011 and Accounting and Reporting by Charities: Statement of Recommended practi applicable to charities preparing their accounts in accordan with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Reference and administrative detalls Reglstored charity name The Norwich Centre for Personal Professional and Spiritual Development Charity registration number 1005967- Prlnclpal office 7 Earlham Road Norwich Norfolk NR2 3RA The trustees The Irustees who served during the year and at the date of approval were as follows: Richard Capper Pat Gibney (appointed 13 September 2023) John Jackson Simon Jones J Keamey (appointed 13 Septernber 2023) D Lipinska Paul Solomon Sept Barbara Trevalion (appointed 22 November 2023) Direclor Drcaroline Kitcatt {retired 21 November 2023) Mrs Maggie Southworth (appointed 1 September 2023) Independent examiner Jacquie RawNorxl Adepta Limited Unit 6 Hill Fami Kirby Road Kirby Bedon Norwich NR14 7DU Bankers CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
The Norwich Centre for Personal Professional and Spiritual Development Trustees, annual report (contsnued) Year ended 31 August 2024 Objectives and actlvities The objectives of the Charity were established by the original trust deed being: The relief of persons who are in conditions of need. hardship, or distress. provision of counselling seNices to individuals and groups. . The advanment of public education esp&ially education in counsdling skills. The Charity meets the at)ove objwAives through the foll(Aving activities.. Individual counsdling . A young person's counselling service for marginalized gtuups aged 18 - 25 . Provision of a progrdmme of personal and professional developr[llt wurses. workshi)ps and groups. There have been no major changes during the year in either the activities of the Charity, or the poliaes adopted in the furthera of the above activstie5. Publlc Benefft The trustees have paid dug ward to guidance issued by the Charity Commission in dlding what activities the charity should undertake. Achievements and performance This report covers the 12 months from 1st September 2023 to 31st August 2024. As we become more and more secure in our being able to operate withoui a global pandemic throwing us into a different trajectory. we get closer to our previous nomial. The majority of our counselling and training work is delivered in person in the traditional way. However, we did continue to offer online counselling where this was needed or wanted by the dient but keptlhe exploratory sessions in person. This has created a great balance of being able to offer both types of sessions, faCe40-fa or online, but also given huge flexibility for those who find accessing the centre difficult. those who had to go home due to personal Circumstan or university vacations and for dients for which it is simply their weferred option. The courses were predominantly delivered in person and students, I believe. appreciated being able to share a room with people and. more importantly, the support that can be generated within the groups. Moving forward, the diploma course will be incorporating the online element into the training and therefore the trainees will be expected to undertake a number of closely supwted online dient hours as part oftheirtraining. The majority of client hours will refflain face-to-face and their training sessions will be, in the majority. in person but some will also be online to refiect this new element of the course. The NOlCh Centre provides daylime counselling during Offi hours from Monday to Friday. The following breakdowns and statistics look at all sessions held within the counselling seNice: Spiritual Accompaniment was offered by Brian Thome only and these sessions arg induded within the daytime statistics Counselllng services Daytime Clients The total number of booked sessions available to dienls from 1 st September 2023 to 31 st August 2024, excluding planned breaks. held slots and unfilled spaces. was 1546. This includes supervision, spiritual accompaniment and exploratory sessions. This is much higher than lasl yearfs total of 808.
The Norwich Centre for Personal Professional and Spiritual Development Trustees. annual report (contin Year ended 31 August 2024 Achievements anil perfomiance (et) Client breakdown Norwieh Cents? In total, including spaces that were held for clients. unfilled SPaS and planned breaks, there were 1683 available sessions for rKJunselling. supervision. exploratory sessions or spiritual accompaniment. A total of 208 different clents accessed The Norwich Centre's semces betwèen 1st September 2023 to 31 st August 2024. 59 individuals made contact and booked exploralory sessions, however 7 of these didn't attend their bwked exploratory session. There were a fvrther 38 clierrts wtho contscted us for initial infomation and then never followed through to book an exploratory. Of those who did have counselling. including those who started before 1 st September 2023 and those who are still current clients, 29 had 6 sessions or less, 10 had 7 to 12 sessions, 8 had 13 to 18 sessions and 38 had 19 or more sessions. Of these. 1 was a client who accessed The Norwich Centre for supervision and 7 accessed the centre for spiritual accompaniment {Ihese are included in total dient number). In 2022-2023. the total number of clients over 12 months was 108, so The NOlCh Centre has seen a considerable increase in its charity clients. This is due.to recruits'ng more trainees from the Diploma course, who started seeing dients as of Spring 2023. Total Sessions by Year 2000 1800 1724 1600 IE2 15_4fi 1400 1200 873 800 600 400 200 0119119- 3118120 0119120- 3118121 OV9ni- 3118122 OIICP3122- 31108123 01109123- 31108124 Waltlng List The waiting list was open in September 2023 and closed on 7th February 2024. It has remained dosed since. Vve have been able to move clients from the waiting list and into sessions more quickly by putbng an employed counsdlor in place and hope to reopen the waiting list again ready for our new trainees in 2025. Client breakdown Nonvlch Centre Pmjects Client numbers for 1 September 2023 to 31 AUgt 2024= 181 (22123 = 194).
The Norwich Centre for Personal Professional and Spiritual Development Trustees. annual report fcontsnued) Year ended 31 August 2024 Client breakdown Norwich Centre Youth Connect Client numbers for 1 September 2023 to 31 August 2024 = 89 Achievements and perfomiance (conhnuedj Training Courses The Norwich Centre ran a variety of different training crSe$ beeen 1 st September 2023 and 31 st August 2024.. Introduction to Counselling Skills - 14 spaS Autumn {Monday) 2023 - 15 students completed succe5sfvIIy. Spring (Monday) 2024 - 13 students completed successftjlly. Summer (Monday) 2024 - 13 students completed successfully. Certificale in Counselling Skills 2023124- 14 spaces and a second course with 18 spaeks Nol¢h Centre group- 12 of 14 students completed successfully. NOlCh Wellbeing Centre group- 16 of 18 students cnmpleted successfully. Diploma in Counselling 2022124- 22 spa$ . The course started with 21 students. 19 students completed successfully over the summer and the remaining 2 are expected to COTnplete soon. Conclusion The Norwich Centre continues lo prowde counselling and training opportunities lo a wide variety of individuals. It was great to be able to offer the inajority of our counselling and training in person and we feel we are leavin9 the impact of the pandemic behind us. However. a really positive consequence of the pandemic is that the option of on-line working is fully embedded within the service now which allows for more clients to access the service, particularly when coming to the centre 15 a challenge for a variety of reasons., this increases our accessibility for clients and also allows us to be flexible on those occasions when coming to the centre is difficu or if on-line working is the prefeThed modalty. We continue to be grateful to all our staff. volunteers and trainees who give their time and help us continue to provide the great services that we do. The team has grown over this last year with thè introduction of a young person's provision, Youth Connect. which has been a great success and continues to grow from strength to strength. Additionally. we have a fantsstic team of counsellors and tutors who are our biggest asset. The NOlCh Centre staff and volunteer team is a bri1Sianl team of person-centred counsellors and trainers, and the essential admin team, and it is a great privilege to be part of such a positive and professional team. Equally, we are thankful to regularly have Brian Thome in the building to offer spiritual guidance which brings a considerable revenue to The Norwich Centre. Early this year. our previous Director retired after almost 24 years in post and we welcomed Maggie Southworth as the new Director of the Norwich Centre. This year has felt particulady exciting as we have managed to make a number of improvements to thè physical surroundings.. We have had the centre decorated and new carpets have been fitted in all the counselling rooms. In addition. we have had new windows on the front of the building and are in the process of re-configuring the building to incorporate another counselling room. which is fantastic and means we have more capacity to see clients, can offer more trainee placemenls and. most importantly. will have another room which can be accessed by those who find stairs a challenge. We also have a lovely little sofa spruarfg up the admin office. a present from the new Director. where counsellor5. trairEes and the rest of tke team can enjoy a moment of - relaxation whilst waiting for dients.
The Norwich Centre for Personal Professional and Spiritual Development Trustees. annual report (¢onlYnued) Year ended 31 August 2024 We continue to be able to offer placements to the trainees on our Diploma course and have enjoyed having 9 new trainees this year, most of whom started on placement wilh us in sprirvJ 2023 and worked with us unlil summer 2024. A number of our trainees have decided to stay on as both volunteer counsellors and potents'ally in other capacities where opportunilies arise. We conlinue to be hugely appreciative to our trainees and very much ènjoy having them as part of the Norwich Cenire family whilst supporting them in therr professional development. Our courses have continued to recruit strongly and were run effectively through 2023-2024. They represent a valuable resource to local counselling organisations by providing trainees arKI well-trained professional counsellors and they support us in chaiity vrk. We were successful in our bid for funding to provide a new service for young adults (aged 18-25) who would nol typically access counselling. We managed to get 2 grants. one for £25000 from Healthy Young Minds and ona for £5000 from Handelsbanken which enabled us to advertise for a 28 hour per week senior counsellor and a 1 day a week counsellor. The senior counsellor will focus an those clients who have moderate to seve mental health issues and the one day a week counsellor will f(Kus on the mild to moderate clients. Adverts for both of those positions went out in August of this year and we have now successftjlly reGruiled for these posls. The service was up-and-running in the autumn of this year and we will hav8 to be ever mindful of securing future funding so as to be able to continue to provide this popular service in the future. We have completed a fijnding application to the Lottery and await the outcome with optimism. This application would secure funding for the project for 5 years if it 15 successful. The seNice offers tim&limited free counselling to young peopleladults aged 18 - 25 years and is especially targeling those who are often classed as coming from harder to reach groups such as care leave. asylum seekers, people of colour, disabled people and other marginalised groups.
The Norwich Centre for Personal Professional and Spiritual Development Trustees. annual report (continued) Year ended 31 August 2024 Financial review Total income generated for the year amounted to £281,732 (2023.. £270,572) of which £267.302 (2023: £237,812) was unrestricted. Expenditure for the year amounted to £257,348 (2023: £221,138} of which £254,708 {2023: £215,921) wa5 unrestricted. Overall the charity produced an uniestricted surplus of £12,594 (2023: £21,891) and a suwus was made in the restricted fijnds of £11,790 (2023.. £27.543). Total reseNes of the charity increased to £318.613. Of this total, £209,467 {2023: £196,873) related to unrestricted funds, with £54.320 financing fixed assets and designated funds. The uncommitted free reserves of the charity therefore increased frorn £138,755 at 1 September 2023 to £151.283 at 31 August 2024. Reserves policy It is the longer-lem intention of the trustees to build free reserve5 sufficient to cover the operating costs of the charity for a 6 month peri¢)d and thereby secure the ntInued provision of ils seFvices to the needy in the event of significant demands for such service being plawj upon it without immediate funding. Thg free rasarvas at 31 Au9USt 2024 amountad to £151,283 {2022= £138,755) representing approximately 7 months, expenditure. excluding depreciation. Designated funds totalled £54.320 12023: £52.228} and restricted funds totslled £108.696 at 31 August 2024 (2023: £.9061. Plans for future periods The cost of living crisis is impacting on the charity both in the fonn of increased costs, and on the amount that the charity clients can pay. Structure• governance and management Governing document The charity was constituted under a trust deed dated 28 October 1991, which was amended by supplemental Itst deeds andlor deeds of variation dated 8 October 1993, 10 October 1997 and 8 January 2004. Recruitment and Appointment of Trustees Trustees are recruited and appointed periodicalty in orderto provide the charity with a balanced board with a range of skills and knowledge. Prospective new trustees are introduced to Ihe existing board for consideration of appointrnent and are appointed by majority vole of board members in attendan at the meeting at which the prospective new trustees are introdud. The trustees who served during the year, and at the date of this rewrt, are listed on page 1. Induction and tralning of Trustees All new Trustees are provided with: . The trust deed and deeds of variation . The latest accounts of the charity Details of the Charity Commission publicatirm - The Essential Tnjslee: "Whal you need to know. what you need to do. In addition. Triistees are encouraged to read Charity Commission and olher newsletters and to attend courses designed to keep them abreast of their duties and responsibilities.
The Norwich Centre for Personal Professional and Spiritual Development Trustees. annual report (¢orflnued) Year ended 31 August 2024 Structure, governance and management (contin Organisattonal Structure Control of the Charity and responsibility for setting of polw and the making of strategic decisions rests with the Trustees, who meet at least 3 times a year. or more regularfy should the need so arise. Day to day operational control and management of the organisation is delegated to the Director. The Centre Director is assisted in the functions of administration and finance by pemianent staff and the use of extemal professional advisers in legal and finance matters. The Charity's counselling serViS are provKled largely through the use of volunteers. who are professionally trained and appropriately qualified. Counselling seNices are also provided by the Director. And a small team of paid, qualffied and more experienGed counsellots. Appropriate supervision of coun5ellors is achieved through the use of both dedicated staff and extemal professionals. including qualified counsellors. The Charity employs appropriately qualified and experienced tutors and facilitators for courses and workshops. Risk assessment The trustees have assessed the major risks lo which the charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. As the charity derives tho majority of its Irome from disuetionary spenthng, voluntary donations. contributions and grants, its sensitivity to pressures on personal finance and incomes remains unavoidable. Whilst the successful running of courses and workshops is continuing to provide positive indications, the margin beteen income levels and operating costs continues to be relatively small. For the immediate future, the focu5 of the charity will therefore continue to be the provision of essential counselling setvices to the public in need whilsl develq)ing and extending the provision of counsellor training and support. Operating in a strictly monitored and controlled cost environment will continue to be a neSSary factor in the day to day rnanagement of activities. Employee involvement and equallty The charity's policy is to consult and discuss with eMploys, thr(wgh staff councils and at meetings. matters likely to affect employees. interests. Information of matters of concem to employ&s is given thrOh diswssion and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors afferting the charity's PErftJrmance. The Gharity 15 an equal opportunities employer and continues to strive lo ensure all the charities services are ' fully aQSSIble to all. Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concemed. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the charity continues and thatthe appropriate training is arranged. It is the policy of the charity that the training. career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.
The Norwich Centre for Personal Professional and Spiritual Development Trustees. annual report (contlnued) Year ended 31 August 2024 Structure, governance and management (¢ontlntJ Related parties On 27 June 1986 Norwich Centre Projects Limited was incorporated as a wholly owned trading company to carry out certain trading activities. In 2018 these activities were solely the provision of personal and professional counselling services. During the year end 31 August 2019 the Directors of Norwich Centre Projects Limited resolved lo transfer the activities of the company into the charity, with effect from 1 September 2019, as they fall within the objectives of the charity. sin 1 September 2019 the company was dormant and was dissolved on 30 January 2024. statement of compliance The financial statements have been prepared to give a 'true and fair, view an¢J have departed from the Charilies {Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure ha5 involved following the Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities prepating their accounts in COrdanCe with the Financial Reporting Standard applicable in the UK and Republic of Irdand issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practi effective from 1 April 2005 which has Sin been withdrawn. Independent examiner reappolntment Miss Jacquie Raywood FCCA of Adepta Limited wa5 appointed as independent examiner during the year and will be reappointed for the ensuing year. The trustees, annual port was approved on 24 Febftry 2025 and signed on behalf of the board of ttijstees by: Barbara Trevanion Trustee
The Norwich Centre for Personal Professional and Spiritual Development Independent examiner's report to the trustees of The Norwich Centre for Personal Professional and Spiritual Development Year ended 31 August 2024 I report to the charity trustees on my examination of the financial statements of the charity for the year ended 31 August 2024 which are set out on pages 11 to 23. Responsibilities and basis of report As the tharity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (Ihe Acf). I report in respect of my examination of th'e charity's financial ststwnents carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Direciions given by tha Charity Commission under section 145(5Xb) of the Act. Independent examinerfs staement Since the charity's gross income exceeded £250.000 your examiner must be a member of a body listed in sects-on 145 of the 2011 Acl. I confim that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants (ACCA). which is one of the listed bodies. have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respecL- accounting records were not kept in respect of the charity as required by section 130 of the Act" or the financial statements do not accord with those record5" or the financial statements do not comply with the applicable requirements conceming the fom and content of accounts Set out in the Charities (Accounts and Reporis) Regulations 2008 other than any requirement Ihat the accounls give a 'true and fairf wew which is not a matter considered as part of an independent examination.
The Norwich Centre for Personal Professional and Spiritual Development Independent examiner's report to the trustees of The Norwich Centre for Personal Professional and Spiritual Development fcontinu8d) Year ended 31 August 2024 I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to bè reached. Your attention is drawn to the fact that the Charity has prepared the accounts {financial statements) in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Repcrting by Charities.. Statement of Recommended Practice issued on 1 April 2005 whith is referred to in the extant regulations but has since been withdrawn. l 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 effeciive for reporbng periods beginning on or after 1 January 2015. Jacquie Raywood FCCA Independent Examiner Adepta Limited Unit 6 Hill Farm Kirby Road Kirby Bedon Norwich NR14 7DU 4 March 2025 10
The Norwich Centre for Personal Professional and Spiritual Development Statement of financial activities Year ended 31 August 2024 2024 Restricted funds Total funds 2023 Unrestricted funds Total funds Income and endowments Donations and legacies Charitable activittes Investment income Other Income 863 263,988 2.365 14,430 15.293 263,988 2,365 86 45,296 223,665 746 Total income 267,302 14,430 281.732 270.572 Expenditure Charitable activities (254.708) (254,708) (2,640) (2.640) {257,348) (257.348) (221,138) (221,138) Total expendlture Net income before transfer of funds 12.594 24, 49,434 Transfer between funds Net movement in funds 12,594 11,71J) 24,384 49.434 Reconciliation of funds Total funds brought fornard Total funds carried forward 196,873 293,779 244,345 209.467 108.696 318,163 293.779 The statement of financial aciivities iludeS all gains and losses recognised in the year. All income and expenditure derive frc*n conts'nuing activities. The notes on pages 12 to 22 fonn part of these financial statements. 11
The Norwich Centre for Personal Professional and Spiritual Development Balance sheet 31 August 2024 2024 2023 FSxed assets Tangible fixed assets Investments 13 14 123.g)8 116,484 100 123.215 116.584 Current assets Debtors Cash at bank and in harKJ 15 21.968 323,074 49,551 321,435 345,042 370.986 Creditors: Amounts falling due TA7ithln one year 16 (150.786) (193,791) Net current assets 194.255 177.195 Totsl assets less current liabilities 318.163 293,779 Net assets 318.163 293.779 Funds of tho charity Restricled fvnds Unrestricted funds 108,6 209,467 96,906 196,873 Total charlty funds 19 318.163 293.779 These ffinancial statements were approved by the board of trustees and authorised for issue on 24 February 2025 and are signed on behalf of the board by: Barbara Trevanion Trustee The notss on pages 12 to 22 fomi part of these finandal statements. 12-
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements Year ended 31 August 2024 General Informatlon The charity is a registe charity in England and.Wales and is unincorporated constituted by Trust Deed. The address of the prinapal office is 7 Earlham Roa"d. Norwth. Norfolk. NR2 3RA. Statement of compliance The charity constitutes a public benefit tity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements have been prepared to give a 7rue and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a Yrue and fair view,. This departure has involved following the Accounting and ReporliThJ by Charities: Statement of Recommended PraGkiGE appliGablB to tharities preparing thetr accounts in accordance with the Financial Reporting Standard applicable in the UKand Republic of Ireland issued in Ociober 2019 rather than the Accounting and Reporting by Charilies: Slatement of Recommended Practice effective from 1 April 2005 which has Sir been wthdrawn. Accounting policies Basls of preparation The financial statements have been prepared on the historical cost basis. The financial staternents are prepared in sterling. which is the functional currency of the enttty. Going concern The financial statements have been prepared on a going concem basis, as the Tnjslees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and experKJiiure is sufficient with the level of reSS for the charity to be able to Gontinue as a going conrn. Consolldation The charity is not required to prepare consolidated accounts in accordan with the Charities Act 2011. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of thè charity's purposes. Designated ftjnds are unrestricted funds eamiarf(ed by the trustees for particular future project or commitment. Restricted funds are subjected to restridions on their expenditure declared by the donor or through the terms of an appeal. 13
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (contknued) Year ended 31 August 2024 Accounting pollcles (eonlinuedj Income All incomé is induded in the statement of financial activities when entiuement has passed to the charity, it is probable that the economic benefits assouated with the transaction will Ilow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of incom8- income from donations orgrants is recognised when thera is evidence ofentitlement to the gift, receipt is probable and its amount can be measured reliably. ' income from counselling services is recognised when the Servi has been undertaken. ' income from courses is recognised over the period of the course. Expenditure Expenditure is recognised on an accnjals basis a5 a liability is incurred. Expenditure include5 any VAT which cannot be fully recovered, and is classified under headings of the ststement of financial artivities to which rt relates- expenditure on charitable activities includes all costs incajrred by a charity in undertaking activities that further its charitable aims for the benefft of its beneficiaries, including those support costs and wsts relating to the govemance of the charity apFrf)rlioned to charitable activities. All costs are allocated to expenditure categcffies reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are 8PPOrtioned beeen the activities they contribute to on a reasonable, justiffiable and consistent basis. Tangible assets Tangible assets are initially recorded at C05L and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation Depreciation 15 calcjjlated so as to write off the cost or valuation of an asset, less its residual value, over Ihe useful economic life of that asset as follows: Land and buildings Fixtures, fittings and equipment 2.5%- 5Vo straight line 20%- 33°/o straight line Investments Fixed asset investments are initially recorded at cost, and subsequentty ststed at cosl less any. accumulated impaimient losses. 14-
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (¢onlin¢ Year ended 31 August 2024 ' Accounting policies (continued) Flnancial instrunients A financial asset or a financial liability is recognised only vthen the entity becomes a party to the contractual provisions of the instrument_ Basic financial instruments are initialty recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction. where il is recognised at the present value of the future payments discounted at a market rale of interest for a similar debt instrument. Current assels and current liabilities are subsequenlly measured at the cash or other consideration expected to be paid received and not discounted. Debt instrumenls are subsequently measured at arnortised cost Defined contribution plan5 Contributions to defined contribution plans are rwnised as an expense in the.period in which the related service is provided. Prepaid contributions are reccgnised as an asset to the exlent that the prepayment will lead to a reduction in future payments or a cash refund. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations and gifts Grants 430 14,000 1,293 14,000 14.430 15.293 Unrestricted Funds Reslricted Total Funds Funds 2023 Donations and gifts Grants 12.536 760 32,000 13,296 32,000 12,536 32.760 45,296 15
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (conllnued) Year ended 31 August 2024 Charitable activities Unrestricied Total Funds Unrestricled Total Funds Fun(ts 2024 Funds 2023 Counselling income Workshop and course 76.879 187.109 72.879 187.109 72,087 151.578 72,087 151,578 263.988 263,988 223,665 .223.665 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Interest receivable 2,365 2.365 746 746 other income Unrestricted Total Funds Unrestricted Totsl Funds Funds 2024 Funds 2023 Sale of books and materials 16
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (Contlnued) Year ended 31 August 2024 Expenditure on Charitable activities Counselllng service5 Workshop Total Funds and courses 2024 staff costs Depreciation Direct costs of provision of services Support costs Govemance costs 36,536 5.953 58,172 94,708 5,953 21,511 127,598 7,578 21.511 ,126 5,350 37.472 2228 82,189 175,159 257,348 Counselling Workshop Total Funds seryices •d courses 2023 staff cosls Depreciation Direct costs of prowsicm of servTrs Support costs Governan cosis 48.872 6.026 239 27.675 99,564 6,026 18,464 85,944 11,140 18225 S9269 7.550 86.402 134,736 221,138 During the year ended 31° August 2024 £2,640 (2023: £5.21n of charitable activities was restricted and £254.70812023: £215.921) was unrestricted. Expenditure on charitable activilles Support Governance Total Funds costs 2024 staff costs Rates and water Insurance Light and heat Travel, subsistence and staff welfare costs Postage. stationery and telephone Repairand maintenance oists Recruitment and training offi costs Legal and professional Bank charges 96.510 1,000 2.577 4,614 96,510 1.000 2,577 4,614 474 145 14,442 474 145 14.442 865 6.971 6,730 6.971 6,730 127.598 7,578 135.176 17
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (contin Year ended 31 August 2024 Expendlture on charitable activities (conbnued) Support Governance Total Funds costs 2023 Staff costs Rates and water Insurance Light and heat Travel, subsistence and staff welfare costs Postage, stationery and telephone Repair and maintenance sts Recruitment and training Office costs Legal and professional Bank charges 50.610 317 1,793 8270 50,610 317 1,793 8,270 145 75 17,834 970 5,930 145 75 17,834 970 5,930 10,2go 850 10.290 850 85.944 11.140 96.288 Basis of allocation: Support costs and govemance costs are allocate(I between charitable activities in proportion to income. Net income Net income is Stat after Chargin(crediting). 2024 2023 Depreciakn'on of tangible fjxed assets 5,953 6,026 10. Independent examinalion fees 2024 2023 Fees payable to the independent examiner for. Independent examination of the financial statements 3.300 3,036 11. staff costs The total staff costs and employee beneffits for the rep(xting period are analysed as follows: 2024 2023 Wages and salaries Social security costs Employer coniributions to pension plans 184,823 3.856 2,540 144,511 3,366 2,297 191,219 160,418 The average head count of employ88s during the yearwas 18 (2023: 17). No employee received employee benefits of more than £60.000 during the year (2023: Nill. 18
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (conlinued) Year ended 31 August 2024 11. Staff costs (contlnued) Key management personnel remuneration amounted to £25,819 (2023.. £24.006). 12. Trustee remuneration and expenses No trustees received remunerati( OT expSeS during the year (2023= £Nil}. 13. Tangible fixed assets Freehold Fixtures and property fittings Totsl Cost At 1 September2023 Additions 223,667 9.896 31,345 3,481 255,012 13,377 At 31 August 2024 Depreciation At 1 September 2023 Charge for the year 233,563 34,826 268,389 113.408 3.691 25.120 2,262 138,528 5,953 At 31 August 2024 Carrying amount At 31 August 2024 At31 August 2023 117,099 27,382 144,481 116,464 123,908 110259 6.225 116,484 14. Investments other investments Cost or valuation At 1 September 2023 Disposals At 31 Augusl 2024 Impairment At 1 September 2023 and 31 August 2024 Carrying amount At 31 August 2024 At 31 August 2023 100 {100) 100 100 All investments shown above are held at valuation. Investments represents 100D/o share capital of Norwich Centre Projects Limited, incorporated in England. The company was dorniant from 1 September 2019. The company was dissolved on 30 January 2024. The result5 for the company for the year and the previous year are: 2024 2023 Net assets 100 19
The Norwich Centre for Personal Professional and Spiritual. Development Notes to the financial statements (a>ntinu Year ended 31 August 2024 15. Debtors X>24 2023 Trade debtors Prepayments and accrued income 19.300 2.668 42,911 6,640 21.968 49,551 16. Creditors: Amounts falling due withln one ye 2024 2023 Trade creditOV5 Amounts owed to group undertakings Accruals and deferred income Social security and other taxe5 2,300 100 190,500 891 149,268 1.462 150,786 164.602 17. Deferred income 2023 2023 Defeed income brought ford Released during the year Deferred during the year 156,882 {156,882) 148,215 156.882 (141,782) 170,834 Deferred income Caled fcnvard 148,215 156,882 Defeed income comprise fees received in advance for courses and workshops. 18. Pensions and other post retirement benefits Defined contrlbution plans The amount recognised in income or expendiiure as an expense in relation to defined conlribution plans was £2.540 (2023: £2.297). 20
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (con1vnd) Year ended 31 August 2024 19. Analysis of charitable funds Unrestricted fiinds Year ended 31 August 2024 At1 September 2023 At31 August 2024 Income Expamjiture Transfers General fvjnds Fixed assets fund 144,645 52,228 267.302 (253,040) (1.668) (3,7> 3.7&J 158,214 54,320 196.873 267.302 {254.708) 209,467 Year ended 31 August 2023 At1 September 2022 At31 August 2023 Income Expendiiure Transfers General funds Fixed assets fvnd Database fund 119,983 53,396 237.812 (214,713) (1.168) (40) 144,645 52,228 173.419 237.812 (215,921) 196,873 Restricted funds Year ended 31 August 2024 At1 September 2023 At31 August 2024 Income Expditure Trdnsfers Building Improvement Fund Norfolk Community Foundation Healthy Young Minds Norfolk Community Fcundation Handelsbanken Norfolk Community Fou1a.0n Healthy Well Being Norfolk Community F(xJndalion Love Norfolk Norfolk Community Foundalion Youth Connect 66,9)6 (2,640) 64,696 5,000 (3.08n 1,913 25.000 (25,¢)0) 5,000 5.000 4.000 96.6 14,430 (30.727) 80,609
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (contlnved) Year ended 31 August 2024 Analysis of charftable funds (continued) Restricted funds (continued) Period ended 31 August 2023 At1 September 2022 At31 August 2023 Income Expendtture Transfers Building Improvement Fund Community Fund (Young Persons Counselling) Donations Fund (Youth Counselling Norfolk Community Foundation - Healthy Young Min(ts Norfolk Communty Foundation Handelsbanken Norfolk Communty Foundation - Paul Bassham 69.363 760 (3.217) 66,906 651 (651) 912 {912) 5,000 25,000 2,000 {2,(m) 70.926 32.760 {5,217} (1.563) 96,906 Building Improvement Fund represents ndS re1ved towards building improvement works. Community Fund represents ftjnds reIved for the provision of a youth counselling sèrvice. Donations Fund represents donations received for the provision of a youth counselling servi. Kickstart Fund represents grant funding toward salaries and equipment. Norfolk Communty Fund represents grant fundiTrJ towards costs following COVID-19. Norfolk Community Foundation (Healthy Young Minds & Handelsbanken Mental Health & Wellbeing) represents grant funding towards youth counsellcy salartes. Norfolk Community Fwndation (Paul Bassham Community First Revenue Fund) represents grant funding towards energy costs.
The Norwich Centre for Personal Professional and Spiritual Development Notes to the financial statements (continuerf) Year ended 31 August 2024 20. Analysis of net assets between funds General Fund Fixed Asset Fd Database FurKI Restricted Funds Total 2024 Tangible assets Investments Net current assets 3.864 54.320 65.724 123,908 179,370 14.885 194,255 182,234 54.320 80,609 318,613 General Fund Fixed Asset Fund Database Fund Restricted Funds Total 2023 Tangible assets Investments Nel current assets 5.890 52,128 100 58.466 116,484 100 138.755 38,440 177.195 144.645 52.228 ,906 293,779 21. Related parties There were no related party transadions during the year {2023: £Nil). 23-