Company Register No: 02988800
Registered Charity Number 1042995
WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
REPORT AND FINANCIAL STATEMENTS
1 January 2022 to 31 December 2022
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
| CONTENTS | Page |
|---|---|
| Officers and Professional Advisers | 3 |
| Trustees’ Report | 4-7 |
| Independent Examiner’s Report | 8 |
| Statement of Financial Activities and Income | 9 |
| And Expenditure Account | |
| Balance Sheet | 10 |
| Notes to the Accounts | 11-14 |
| Young People Project | |
| – Income/Expenditure Statement |
15 |
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
REPORT AND FINANCIAL STATEMENTS 2022
OFFICERS AND PROFESSIONAL ADVISERS
MEMBERS OF THE MANAGEMENT COMMITTEE
M. Backhouse (Chairperson)
D Mallett
D Cox (resigned 22/03/2022)
R Pipkin-Evans (resigned 21/11/2022)
I Hobbs
R Swift (also Secretary)
A Tiesema-Samsom
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R. Dunn
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S. Jenner
R. Dugdale (appointed 21/03/2022)
J. McGill (appointed 22/05/2022)
REGISTERED OFFICE
Chapel Precinct 74 Silver Street Nailsea Bristol BS48 2DS
SOLICITORS
StarLegal (Murray Roach) 59 High Street Nailsea Bristol BS48 1AW
BANKERS
HSBC plc
INDEPENDENT EXAMINER
Stewart Wright 27, The Uplands Nailsea BS48 4RS
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
TRUSTEES’ ANNUAL REPORT
The Trustees present their annual report and financial statements for the year to 31 December 2022. The Trustees confirm that these accounts conform to current statutory requirements and the company’s governing documents.
Advantage has been taken in the preparation of this report of certain exemptions applicable to small companies.
LEGAL STATUS
Wellspring Counselling Limited was incorporated on 10 November 1994 as a company limited by guarantee (Company Register 02988800) and continues the activities of an informal body working under the name of Wellspring Counselling. Wellspring Counselling Limited (‘Wellspring’) is registered as a charity (Registration No 1042995). As a limited company, the governing documents are the Memorandum and Articles of Association. The maximum liability of each member is limited to £1. As at 31 December 2022 there were 9 members.
The Directors, all of whom are treated in law as Trustees, who served during the year, were:
M. Backhouse (Chairperson)
D. Mallett
D. Cox (resigned 22/03/2022)
R. Pipkin-Evans (resigned 21/11/2022)
I. Hobbs
R. Swift (also Secretary)
A. Tiesema-Samsom
R. Dunn
S. Jenner
R. Dugdale (appointed 21/03/2022)
J. McGill (appointed 23/05/2022)
All of the Directors were members during their period of office.
Details of the company’s Registered Office, its bankers and solicitors can be found on page 3 of these statements.
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
TRUSTEES’ ANNUAL REPORT (Continued)
OBJECTIVES
The principal activity of the company is the provision of community based counselling to those in need within the local area. These objectives are realised through the largely voluntary effort of around 40 people, involved in all aspects of the company’s work together with a small team of employees, all of whom are part-time.
ORGANISATION
Whilst the Trustees have discretion to pursue the company’s objects in a manner they see fit, subject to the constraints of the Memorandum and Articles of Association, they continue to be mindful of the role and wishes of a Council of Reference, which oversaw the inception of Wellspring, and provided the original impetus for its formation. The Council of Reference met twice a year and was constituted from local clergy and a local GP practice. The role of the Council of Reference was reviewed and it was decided to hold the last meeting at the end of 1997.
Trustees/Directors are appointed at general meetings by a simple majority of the members.
The Management Committee is responsible for determining policy and has ultimate authority. The Director is responsible for implementation of the policy within resource constraints and oversees the day to day running of the service supervising a part-time Senior Administrator, part-time Receptionists/Administration Assistants and a team of voluntary and part-time paid Counsellors.
REVIEW
During the year the company has continued to provide counselling, on the basis of need, to the local community. At the end of the year Wellspring utilised the services of 23 counsellors (2021 – 23) 12 of whom were unpaid for their counselling services. The number of adults’ fee-generating counselling sessions undertaken in 2022 was 1,270 (2021 – 1,518). The number of free Young People counselling sessions undertaken in 2022 was 759 (2021 - 687).
The young people counselling service was established in 2004. Details of the income and expenditure can be found on page 15 of these accounts.
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
TRUSTEES’ ANNUAL REPORT (Continued)
REVIEW (Continued)
The Company has continued development of its counsellors by providing external Clinical Supervision, regular team meetings and in house training.
FINANCIAL REVIEW
The Income and Expenditure Account is set out on page 9.
During 2022 the charity received support from the local churches that collectively contributed 2.8% (2021 – 10.8%) of the charity’s Unrestricted Funds receipts for the year. Subsidised accommodation for counselling sessions is provided by the Methodist Church, who charge Wellspring a discounted rate for rental of rooms and by one of the Medical Practices in Nailsea – who provide their accommodation rent free. However, because of Covid restrictions, face-to-face meetings ceased in March 2020, but were gradually reintroduced in mid 2022.
Wellspring received financial support of £9,000 from 2 local Town Councils (Clevedon and Portishead), and £2,050 from 3 local Parish Councils. Details of Restricted Grants and Donations can be found on page 15.
Donations received through introductions from a Fundraiser totalled £48,819 (net) in the year. We continue to be supported by the Nani Huyu Charitable Trust and we received £15,000 in recognition of their appreciation of the work undertaken by Wellspring. The remainder of the incoming resources is derived from direct applications for grants, fund-raising events, and one-off donations from small organisations and individuals. During 2009 ‘The Friends of Wellspring’ was launched in an endeavour to increase the awareness in the local community of the work of Wellspring and donations from this source were £3,495 (2021 - £3,120). The major expenses of the company relate to employment of the part-time Director, part-time Senior Administrator, part-time Receptionist/Admin Assistants and parttime Counsellors. The majority of the remainder of the costs are for room rental, counsellor supervision and training, and administration expenses.
The Trustees confirm there are no anticipated delays or shortfalls in realising the funds of the charity in cash.
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
TRUSTEES’ ANNUAL REPORT (Continued)
FUTURE DEVELOPMENTS
The Trustees are aware of the ever-growing need for counselling and wish to increase the number of counselling sessions provided and the range of services available where resource constraints, both financial and personnel, allow. The introduction of courses will enable a wider group of people receiving specific support e.g. mental wellbeing for sports clubs, carers.
The Trustees continue to be aware of the growing professionalism of counselling. All of Wellspring’s counsellors work to the Code of Ethics of the British Association for Counselling and Psychotherapy (BACP). At the year-end twelve of the counsellors are part-time volunteers/trainees.
Wellspring is developing a model with counselling being delivered by qualified counsellors who are volunteers, paid counsellors receive a small amount of money per client, and trainees. These are supported by the Director, Safeguarding lead and trainees lead.
Approved by the Trustees And signed on their behalf.
M. Backhouse Trustee 17[th] July 2023
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Wellspring Counselling Limited
Company Register No: 02988800
Registered Charity number: 1042995
Independent examiner’s report to the trustees of Wellspring Counselling Limited
I report to the trustees on my examination of the accounts of Wellspring Counselling Limited for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of Wellspring Counselling Limited you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of Wellspring Counselling Limited’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Wellspring Counselling Limited as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns 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 be reached.
Signed:
Name: Stewart Wright
Retired Fellow of the Institute of Charted Accountants in England & Wales
Address: 27 The Uplands, Nailsea BS48 4RS
Date:
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT For the year to 31 December 2022
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Incoming resources | |||||
| Donations and legacies | 2,6,7 | 85,413 | 15,830 | 101,243 | 111,834 |
| The National Lottery Grant | 7 | 37,900 | 37,900 | 52,340 | |
| Fundraising | 2 | 59,100 | - | 59,100 | 26,950 |
| Other income | 3 | 178 | - | 178 | 8 |
| Total incoming resources | 144,691 | 53,730 | 198,421 | 191,132 | |
| Resources expended | |||||
| Direct charitable activities | 6 | 93,127 | 53,474 | 146,601 | 163,478 |
| Fundraising and publicity | 10,347 | - | 10,347 | 11,331 | |
| Governance | 4 | 150 | - | 150 | 125 |
| Total resources expended | 4 | 103,624 | 53,474 | 157,098 | 174,934 |
| Net incoming resources | 41,067 | 256 | 41,323 | 16,198 | |
| Resources for the year | |||||
| Fund balances brought forward | 85,618 | 38,446 | 124,064 | 107,866 | |
| Fund balances carried forward | |||||
| At 31 December 2022 | 126,685 | 38,702 | 165,387 | 124,064 |
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
BALANCE SHEET AS AT 31 DECEMBER 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Note | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank | 126,957 | 38,702 | 165,659 | 135,020 | |
| CURRENT LIABILITIES | |||||
| Grants received in advance | 7 | (272) | - | (272) | (10,956) |
| NET ASSETS | 126,685 | 38,702 | 165,387 | 124,064 | |
| FUNDS | 5,6 | 126,685 | 38,702 | 165,387 | 124,064 |
The Trustees acknowledge their responsibility for:
-
i) Ensuring the company keeps accounting records which comply with section 386 of the Act; and
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ii) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to accounts, so far as is applicable to the company.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
The accounts have been independently examined by a suitably qualified person whose opinion is included on page 8.
The Financial Statements on pages 9 to 15 were approved by the Board of Trustees on 17 July 2023 and signed on their behalf by
M Backhouse Trustee 17 July 2023
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with applicable accounting standards. The particular policies adopted are described below.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Income and expenses have been recognised in the accounts where their realisation is considered certain.
Pension scheme:
The company provides a work-based pension scheme for its employees with NEST, a Government-approved scheme overseen by the Department of Work and Pensions. Employer’s contributions are 3% of qualifying salary and employee’s 5%. The scheme is offered to all employees who have the choice to join or not.
In the year to 31 December 2022, contributions paid by the employer totalled £1,298 (2021 £1,313) on behalf of 3 employees (2021 5).
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022 (continued)
2. DONATIONS & LEGACIES: UNRESTRICTED
| Year to 31 December 2022 | Year to 31 December 2022 | Year to 31 December 2021 |
|---|---|---|
| £ | £ | |
| Churches |
4,086 | 12,055 |
| Local Authorities |
7,050 | 9,450 |
| Others |
7,500 | 8,500 |
| Grants from applications | 28,550 | 0 |
| Miscellaneous |
10,799 | 7,134 |
| Fundraising |
59,100 | 26,950 |
| Friends of Wellspring | 3,495 | 3,130 |
| Intake Fees | 850 | 970 |
| Session Fees |
23,083 | 26,887 |
| 144,513 | 95,076 |
3. OTHER INCOMING RESOURCES
Year to 31 December 2022 Year to 31 December 2021 £ £ Bank Interest 178 8
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022 (continued)
4. DIRECT CHARITABLE ACTIVITIES AND EMPLOYEE INFORMATION
| Year | to 31 December 2022 | Year to 31 December 2021 |
|---|---|---|
| £ | £ | |
| Staff Costs |
96,116 | 134,488 |
| Y P Project | 19,474 | 13,621 |
| Supervision /Training | 9,911 | 5,845 |
| Room Rental |
8,780 |
1,740 |
| Ins, L & P, I.T. | 8,113 | 4,065 |
| Office, Petty Cash | 4,207 | 3,719 |
| Fundraising | 10,347 | 11,331 |
| Governance | 150 | 125 |
| 157,098 | 174,934 |
Due to the size of the company and the disparate nature of the work performed by its employees and volunteers, the Trustees do not believe that a meaningful distinction can be made between Costs of Activities in Furtherance of the Charity’s Objects and Support Costs as recommended by the SORP.
Included in ‘Ins, L & P, I.T.’ above is a charge of £314 (2021 £314) for professional liability insurance against any loss arising from neglects or defaults of its counsellors, employees and its Management Committee.
Included in ‘Salaries’ above are payments for services to twelve employees of the company (2021 -17). None are members of the Management Committee and therefore have no power to direct the organisation.
No payments to Trustees or Company Directors were made by way of reimbursement of expenses during the year.
The average number of employees during the period was twelve part-time (2021 – 13 part-time).
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022 (continued)
5. RECONCILIATION AND ANALYSIS OF MOVEMENT OF FUNDS
| Income Funds available for use Expenditure Surplus, income over exp end. Fund bals b/fwd 1 January Fund bals c/fwd 31 December |
2022 2021 £ £ 188,140 180,209 188,140 180,209 146,817 164,011 41,323 16,198 124,064 107,866 165,387 124,064 |
|---|---|
6. RESTRICTED FUNDS
Total income of £45,730 was received in the year, £45,730 allocated specifically to the Young People Project, £4,000 to Adults and £4,000 to 18-25 year olds; £53,474 was expended on these projects, £51,141 to Young People Project, £2,333 to Adults and £333 to 18-25 year olds.
£38,702 is retained within the company’s bank accounts earmarked as restricted funds, for expenditure on the Restricted Funds Projects.
A separate Income and Expenditure Statement in respect of the these Projects accompanies these figures on page 15.
7. THE NATIONAL LOTTERY GRANT
A total of £37,900 (2021 £52,340) was received in the year to cover the salaries, oncosts and support costs for counselling support in respect of Young People. The original Grant, covering the 3 year period 1[st] July 2019 to 30[th] June 2022 totalling £289,192 was awarded by The National Lottery to be paid in six monthly stages over the period of the Grant. However the Year 3 tranche of the grant (£100,672) has been deferred by 1 year, and now covers a two year period (payable 6 monthly) commencing 1[st] July 2022 specifically for counselling support in respect of Young People.
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WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
YOUNG PEOPLE & OTHER RESTRICTED FUNDS PROJECTS – INCOME/EXPENDITURE STATEMENT For the year ended 31 December 2022
| 2022 £ Opening balance 38,446 Income – Grants: The National Lottery 37,900 52,340 Fundraising 0 16,000 Nani Huyu 7,500 6,500 Nailsea Town Council 4,000 0 Albert Hunt Trust 4,000 0 Young Somerset 330 19,720 Creative Youth Network 0 498 Other Donations 0 1,000 53,730 Expenditure Salaries, NI, Pensions 23,971 Supervision & Expenses 3,503 Office Costs 6,000 Management/Admin 20,000 53,474 Net incoming / (outgoing) 256 Closing Balance 38,702 |
2021 £ 26,426 96,058 64,042 2,315 9,181 8,500 84,038 12,020 38,446 |
2021 £ 26,426 96,058 64,042 2,315 9,181 8,500 84,038 12,020 38,446 |
|---|---|---|
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