WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT For the year to 31 December 2024
| Note | 2024 | 2023 | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Incoming resources | |||||
| Fundraising | 52,100 | 3,500 | 55,600 | 98,100 | |
| Donations and legacies | 2 | 26,045 | - | 26,045 | 44,412 |
| The National Lottery Grant | 9 | - | 23,100 | 23,100 | 50,400 |
| Other grants | 3 | 21,600 | 40,415 | 62,015 | 47,600 |
| Courses and session fees | 4 | 58,978 | - | 58,978 | 56,322 |
| Other income | 5 | 4,868 | - | 4,868 | 3,635 |
| Total incoming resources | 163,591 | 67,015 | 230,606 | 300,469 | |
| Resources expended | |||||
| Direct charitable activities | 8 | 142,274 | 87,021 | 229,295 | 199,891 |
| Fundraising and publicity | 6 | 9,966 | - | 9,966 | 10,716 |
| Governance | 6 | 150 | - | 150 | 150 |
| Total resources expended | 6 | 152,390 | 87,021 | 239,411 | 210,757 |
| Net incoming/(outgoing) | 11,201 | (20,006) | (8,805) | 89,712 | |
| resources | |||||
| Resources for the year | |||||
| Fund balances brought forward | 215,418 | 39,681 | 255,099 | 165,387 | |
| Fund balances carried forward | |||||
| At 31 December 2024 | 226,619 | 19,675 | 246,294 | 255,099 |
WELLSPRING COUNSELLING LIMITED (A company limited by guarantee)
BALANCE SHEET AS AT 31 DECEMBER 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Note | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank | 245,062 | 19,675 | 264,737 | 278,307 | |
| CURRENT LIABILITIES | |||||
| Grants received in advance | 9 | (18,443) | - | (18,443) | |
| (23,209) | |||||
| NET ASSETS | 226,619 | 19,675 | 246,294 | 255,098 | |
| FUNDS | 7,8 | 226,619 | 19,675 | 246,294 | 255,098 |
The Trustees acknowledge their responsibility for:
-
i) Ensuring the company keeps accounting records which comply with section 386 of the Act; and
-
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 9.
The Financial Statements on pages 10 to 16 were approved by the Board of Trustees on 21 July 2025 and signed on their behalf by
M Backhouse Trustee 21 July 2025