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2023-08-31-accounts

DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

FINANCIAL STATEMENTS

31 AUGUST 2023

Company Registration Number 03171892 Charity Number 1056310

DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

CONTENTS PAGE
Reference and administrative details of the charity and its
advisors 1
Trustees annual report 2 to 7
Independent Examiners report 8
Statement of financial activities (including income and
expenditure account) 9
Balance sheet 10
Notes to the financial statements 11 to 18

DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS ADVISORS

YEAR ENDED 31 AUGUST 2023

Charity Name Wessex Counselling Service
Company number 03171892
Charity number 1056310
Registered office and No 5, King Street, Frome, Somerset, BA11 1BH
operational address
Trustees Trustees who are also directors under company law, who
served during the year and up to the date of this report were as
follows:
Antony Perry
Chair
Robert Kelso
Secretary
Sarah Tillard
Andrew Pullin
David Davies
Victoria Bruce-Gardyne
Appointed Nov 2023
Key Management
Personnel Penny Old
Head of Operations
Bankers CAF Bank, 25 Kings Hill Avenue, Kings Hill, Kent, ME19 4TA
National Westminster Bank
Independent Joanne Trowbridge MAAT
Examiners Bristol Community Accountants CIC
The Park, Daventry Road, Bristol, BS4 1DQ

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2023

Wessex Counselling Service

The Trustees present the Report and Accounts for the year ended 31 August 2023 which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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 (FRS 102) (effective 1 January 2015).

Legal Structure, Governance and Management

The charity is constituted as a company limited by guarantee, registered under the Companies Acts and its governing document is a memorandum and Articles of Association under company legislation. Its certificate of incorporation is dated 13 March 1996 and the last amendment to the governing document is dated 29 September 1997.

The charity registered with the Charity Commission on 21 June 1996.

By operation of law, all trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation. The trustees are all individuals.

Method of Recruiting and Appointing New Charity Trustees

Trustees are elected by the Members of the charity at the Annual General Meeting: there must be no more than 10 trustees who must all be members of the charitable company. When recruiting new trustees, the Board considers any specialist skills needed, considering either existing or new areas of operation when seeking potential new candidates who could fulfil certain roles. They would then be proposed, elected and appointed by the management committee.

Organisational structure

The Board of Trustees administers the charity. The trustees have examined the major strategic, business and operational risks that the charity faces and are satisfied that systems are in place to adequately mitigate these risks.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Objectives, strategies and activities

The principal purpose of the charity is promoting, for the public benefit, psychological and mental health. Wessex does this by providing counselling to those suffering from psychological or emotional illness or distress and by training people to be psychodynamic counsellors and psychodynamic psychotherapists.

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2023

40th Year Anniversary

Over 2023 we celebrated the 40th anniversary of the founding of Wessex Counselling. Wessex was set up in Warminster by therapists linked to The Westminster Pastoral Foundation based in London. The aim was to be offer people in the surrounding area affordable psychodynamic counselling. The centre of the organisation moved to Frome and were for many years based at Fairfield House in King Street Frome. Over the year we celebrated our anniversary with various events which culminated in a music event which was supported by the Frome Town Mayor and a Summer Party. For the Summer Party we invited people who had been involved in Wessex in the past so they could help celebrate where Wessex is now.

Counselling

We provide both long and short term professional low-cost psychodynamic counselling to clients aged 18 and above with a wide range of emotional problems in our premises in Bath, Bristol, Street, Frome and the surrounding area. The counselling service is accredited by the British Association of Counselling and Psychotherapy.

Over this year we have continued to offer counselling sessions remotely though 90% of our clients are now being seen in person counselling. Referrals have remained stable during the year and over the year we were working with an average of 95 clients. We ended the financial year seeing 103 clients paying an average fee of £27.96.

Our bursary scheme has been called on to supported 15 clients over the year. We have allocated a totalled of £2645 to support these clients who face financial difficulties to help them cover the cost of their counselling. The trustees in support of our charitable aims consider it is vital that when a client is experiencing financial difficulties, they have support in place to help them with the issues they are experiencing.

We continue to offer a discounted assessment fee to clients on low incomes.

Training

During the year we have offered a wide range of training opportunities including running three Introduction to Counselling Skills Course, an Intensive Foundation Course, a year long Foundation Course and a Diploma in Psychodynamic Counselling. We also offered a series of successful continuing professional development workshops, some of them on Zoom, to our own graduate counsellors and other therapists.

All courses have been well supported, and we have received applications from students prepared to travel considerable distance to undertake the trainings we offer. Our Diploma course is accredited by both the British Psychoanalytical Council and the British Association of Counselling and Psychotherapy. This means that our training is rigorous, externally accredited and of the highest standards. The training team works hard to ensure that we have continue to meet the requirements of our accrediting bodies. We have been able to recruit applicants for our diploma training course. The success of our training courses is a key element of the ongoing success of the organisation.

Each year in November we hold a graduation evening where the organisation comes together to review the year and celebrate with people who have successfully completed their course. This event

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2023

was held in person at Frome Town Hall and was attended by graduates from our Foundation and Diploma Courses together with their family and supporters.

Youth Space Project

We restructure the Youth Counselling so that the project is less reliant on fund raising. The scheme now offers young people between 15-18 up to 12 counselling sessions which parents are asked to make a contribution to if they have the means to. This year we received £3955 from parents. For parents or young people not able to make a financial contribution the counselling is free and we fund raise to cover the cost of providing these sessions. We did receive funding in March from Frome Town Council who generously donated £2400 to the project and Hansons who donated £10000. We also raised £617.69 from other fund-raising events. This has enabled the project to be secure for the next financial year.

We have worked in person with our Youth Space clients and have received 44 referrals during the year and offered 32 young people counselling.

Staffing

There have been some changes to our team during the year and we acknowledge our gratitude to the following people for the expertise, dedication and skills they have bought to the organisation. Although some of them are leaving roles within the organisation they are continuing to do other work for us for those who have left Wessex Counselling we wish them well for the future.

Andrea Berry resigned as Head of Clinical Services Diane Barlow resigned as Pre Clinical Course Lead

We are grateful to the following people who have taken on interim clinical roles as Wessex goes through a process of restructuring.

Jenny Ryder Charlotte MacKean Carol Ellis Gillian Cowley McPhee

Fund Raising Donations and Bursary Funding

Our trainee and associate counsellors generously gave 2570 voluntary counselling hours over the year. This represents a financial benefit to Wessex of £32125 for which we are extremely grateful. It is important to recognise that without the support of the local community and our counsellors we would not be able to continue offering low cost counselling. We would like to acknowledge our gratitude to the following people and organisations who have contributed time and or money to Wessex Counselling.

Wessex Counselling Service

DAG Design Staff, Counsellors and Supporters of Wessex Counselling Somerset Community Trust

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2023

Counselling Bursary Fund

Trustees, Staff and supporters of Wessex Counselling

You-th Space

Frome Town Council Hansons You-th Space Counsellors, Trustees, Staff and Supporters of Wessex Counselling

Benefit for the public

Wessex Counselling was set up to provide affordable low-cost counselling to people in Bristol, Frome and the surrounding area and in conjunction with this to train psychodynamic counsellors and psychotherapists. By running a vibrant training service, we can subsidise the counselling we offer. We continue to raise funds as well as allocating funds from our reserves in order to subsidise the counselling we do. This enables the service to keep counselling sessions affordable and available to people in need. We also offer subsidised assessment sessions to prospective clients on a low income.

British Psychoanalytic Council Membership

As a membership organisation of the British Psychodynamic Council (BPC) we have a growing body of qualified psychodynamic counsellors and psychodynamic psychotherapists registered with the BPC through Wessex. With our recently qualified counsellors and psychotherapists becoming members we now have 65 members affiliated to Wessex. This body of members is important as we are committed to developing a community of registered psychodynamic counsellors and psychotherapists who work together to maintain professional standards and support Wessex’s aim to provide professional low cost psychodynamic counselling to local people. A steering group has been set up for what has been renamed the Post Graduate Group. The steering group has been involved with setting up an Ethics Committee, developing a website of resources for the membership to access and a membership committee.

Results and Reserve Policy

We continue to provide low-cost counselling to people in need and a well-regarded training programme. The result for the year shows a surplus of £17,795 compared to a deficit of £11,254 for 2022. Our freely available unrestricted reserves balance at the 31[st] August 2023 was £143,734.

The trustees have developed a reserves policy based on the amount of money required to close Wessex Counselling over a six-month period and honour our commitments to our clients, students and counsellors in training. At the start of each financial year the organisation looks at its liabilities and obligations for the following year and calculates what funds are required these figures are then reviewed on a quarterly basis. In 2022/23 we calculated that £129,878 is needed to be held in permanent reserve to cover this.

Trustees

The Trustees who held office during the year were:

Chair of Trustees – Anthony Perry Secretary - Robert Kelso

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2023

Sarah-Jane Tillard Andrew Pullin David Davies - was appointed as a trustee on the 25th November 2022

Dr Christopher Ellis resigned 20th January 2023 John Christopher Sledge resigned 20th January 2023

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2023

Statement of responsibilities of the Management Committee

The trustees who are also the charity trustees have prepared financial statements for the financial year, which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the net income or expenditure, of the charitable company for the year. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charitable company, and hence for taking reasonable steps for the prevention and detection of fraud and any other irregularities.

The trustees confirm that to the best of their knowledge there is no information relevant to the independent examination of which the examiners are unaware. The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant examination information and that this information has been communicated to the examiners.

Independent examiners

Joanne Trowbridge of Bristol Community Accountants CIC was appointed as the charitable company’s independent examiner during the year.

15/3/2024

Approved by the trustees on ………………………………... and signed on its behalf by

Anthony Perry

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

INDEPENDENT EXAMINERS REPORT

YEAR ENDED 31 AUGUST 2023

I report on the accounts of the company for the year ended 31st August 2023 which are set out on pages 9 to 18.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of MAAT.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

15/3/2024 Joanne Trowbridge MAAT Date: Bristol Community Accountants CIC The Park Daventry Road Knowle Bristol BS4 1DQ

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 AUGUST 2023

Note
Incoming and Endowments from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total Income
Expenditure On:
Charitable activities
7
Other
8
Total Expenditure
Net income
Gross transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward
Unrestricted
Funds
£
4,965
292,412
1,632
1,561
Restricted
Funds
£
6,400
2,275
17
-
Total Funds
2023
£
11,365
294,687
1,649
1,561
Total Funds
2022
£
20,153
254,051
1,742
102
300,570 8,692 309,262 276,048
277,025
1,439
13,003
-
290,028
1,439
286,008
1,294
278,464 13,003 291,467 287,302
22,106
-
(4,311)
-
17,795
-
(11,254)
-
22,106
134,290
(4,311)
20,347
17,795
154,637
(11,254)
165,891
156,396 16,036 172,432 154,637

All of the activities of the charity are classed as continuing

The notes on pages 11 to 18 form part of these financial statements

As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

Details of the allocation of 2022 total funds between unrestricted and restricted are shown in note 18

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

BALANCE SHEET

YEAR ENDED 31 AUGUST 2023

Note
Fixed assets
Tangible fixed assets
15
Current assets
Debtors
12
Cash at bank and in hand
Total current assets
Creditors : Amounts falling
due within one year
13
Net current assets or liabilities
Total net assets or liabilities
The Funds of the Charity
16
Restricted funds
Unrestricted funds
2023
£
12,661
5,893
240,333
2022
£
16,659
6,046
219,056
246,226
(86,455)
225,102
(87,124)
159,771 137,978
172,432 154,637
16,036
156,396
20,347
134,290
172,432 154,637

The directors are satisfied that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies' regime and in accordance with FRS102 SORP.

These financial statements were approved by the trustees on and are signed on their behalf by:

Anthony Perry. Date: Director

15/3/2024

The notes on pages 11 to 18 form part of these financial statements

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

1 Basis of Preparation

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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

2 Accounting Policies

i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.

ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met.

Leasehold Improvements - 20% straight line

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

Income and Endowments From:

3
Donations and Legacies
Counselling bursary
Other bursary
Donations and Legacies prior year
Counselling bursary
Other bursary
4
Charitable Activities
Counselling fees
Training fees
Subscriptions
Charitable Activities prior year
Counselling fees
Training fees
Subscriptions
5
Other Trading Activities
Other miscellaneous income
Unrestricted
Funds
£
545
4,420
Restricted
Funds
£
3,000
3,400
Total Funds
2023
£
3,545
7,820
Total Funds
2022
£
1,100
19,053
4,965 6,400 11,365 20,153
-
2,878
1,100
16,175
1,100
19,053
Total Funds
2022
£
102,631
146,726
4,694
2,878 17,275 20,153
Unrestricted
Funds
£
127,033
150,385
14,994
Restricted
Funds
£
-
-
2,275
Total Funds
2023
£
127,033
150,385
17,269
292,412 2,275 294,687 254,051
102,631
146,726
2,413
-
-
2,281
102,631
146,726
4,694
Total Funds
2022
£
1,742
251,770 2,281 254,051
Unrestricted
Funds
£
1,632
Restricted
Funds
£
17
Total Funds
2023
£
1,649
1,632 17 1,649 1,742

Other Trading Activities prior year - all unrestricted

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

6 Investment Income

Investment Income
Interest receivable on bank deposits
Investment Income prior year - all unrestricted
Unrestricted
Funds
£
1,561
Restricted
Funds
£
-
Total Funds
2023
£
1,561
Total Funds
2022
£
102

Expenditure on:

7 Charitable Activities

Charitable Activities
Wages & Salaries -Training
Wages & Salaries - General
General Costs - You-th Space
General Costs - Training
General Costs - Counselling
General Costs - Street Project
General Costs
Depreciation
Unrestricted
Funds
£
72
90,369
108
99,028
45,829
-
36,025
5,594
Restricted
Funds
£
-
-
7,386
-
-
-
5,617
-
Total Funds
2023
£
72
90,369
7,494
99,028
45,829
-
41,642
5,594
Total Funds
2022
£
13
92,507
5,205
79,283
44,975
1,269
57,587
5,169
277,025 13,003 290,028 286,008

Note: Wages and salaries expense include outsourced labour costs.

Charitable Activities prior year

Wages & Salaries -Training
Wages & Salaries - General
General Costs - You-th Space
General Costs - Training
General Costs - Counselling
General Costs - Street Project
General Costs
Depreciation
8
Other
Independent Examiner's fee & accounts
13
92,030
5,205
79,283
43,430
1,269
54,609
5,169
-
477
-
-
1,545
-
2,978
-
13
92,507
5,205
79,283
44,975
1,269
57,587
5,169
Total Funds
2022
£
1,294
281,008 5,000 286,008
Unrestricted
Funds
£
1,439
Restricted
Funds
£
-
Total Funds
2023
£
1,439
1,439 - 1,439 1,294

Other prior year - all unrestricted

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

9 Net incoming resources for the year

This is stated after charging:

This is stated after charging:
2023 2022
£ £
Depreciation of owned fixed assets 5,594 5,169
Independent Examiner's Fees 1,439 1,294
10
Staff costs and numbers
The aggregate payroll costs were:
Wages and Salaries
Social Security Costs
Pension Costs
2023
£
84,628
938
1,550
2022
£
85,787
1,164
1,508
87,116 88,459

No employee received emoluments of more than £60,000 (2022: £Nil) The average monthly head count was 7 staff (2022: 7)

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022: £nil) neither were they reimbursed expenses during the year (2022: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

Total employee benefits paid to key management personnel during the year were £42,647 (2022: £37,459)

There were no other related party transactions during the year.

11 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

12 Debtors

Trade debtors
Creditors
Trade creditors
Deferred income (see note)
Accruals
2023
£
5,893
2022
£
6,046
5,893 6,046
2023
£
15,392
69,624
1,439
2022
£
8,822
77,008
1,294
86,455 87,124

13 Creditors

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

13a Deferred income

Movement in deferred income account
Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from previous periods
Balance at the end of the reporting period
2023
£
77,008
69,624
(77,008)
2022
£
76,308
77,008
(76,308)
69,624 77,008

The deferred income for 2023 and 2022 represent course fees and deposits received in advance of services supplied.

14 Company limited by guarantee

The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each.

15 Tangible fixed assets

Tangible fixed assets
Cost
At 1 September 2022
Additions
At 31 August 2023
Depreciation
At 1 September 2022
Charge for the year
At 31 August 2023
Net book value
At 31 August 2023
At 31 August 2022
Leasehold
Improvements
£
13,924
-
Furniture &
Equipment
£
32,354
1,596
Total
£
46,278
1,596
13,924 33,950 47,874
2,785
2,785
26,834
2,809
29,619
5,594
5,570 29,643 35,213
8,354 4,307 12,661
11,139 5,520 16,659

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DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

16
Movement in funds
Restricted funds
Frome Town Council
Key Centre
Training Bursary
Youth Space - Other
Youth Space - Rotary Somerset Comm
Hanson
Big Lottery
BPC Post Graduate
Somerset Community Energy Fund
Inner Wheel
Total Restricted funds
Unrestricted Funds
General fund
Counselling Bursary (Designated)
Key Deposit (Designated)
You-th Space (Designated)
Total unrestricted funds
Total funds
At
01-Sep
2022
£
-
631
5,109
998
6,500
-
3,828
2,281
-
1,000
Incoming
resources
£
2,400
-
-
-
-
1,000
-
2,292
3,000
-
Outgoing
resources
£
(2,325)
-
-
(994)
(4,067)
-
(1,880)
(751)
(2,986)
-
Transfers
£
-
-
-
-
-
-
-
-
-
-
At
31-Aug
2023
£
75
631
5,109
4
2,433
1,000
1,948
3,822
14
1,000
20,347 8,692 (13,003) - 16,036
124,492
3,742
20
6,036
294,057
462
20
6,031
(272,229)
(2,645)
-
(3,590)
-
-
-
-
-
146,320
1,559
40
8,477
134,290 300,570 (278,464) - 156,396
154,637 309,262 (291,467) - 172,432

Purpose of restricted funds

Frome Town Centre

Donation to cover the cost of providing free counselling to Children and Young people aged between 15 and 18 in Frome

Key Centre

This was funding donated to Wessex to provide free short term counselling to people living in The Mount area in Frome who would not otherwise be able to afford counselling.

Training Bursary

Money donated to help our trainees who maybe experiencing financial difficulties. The latest donation of £3000 was given to us to help trainees but the trustees have not yet agreed how it should be

spent.

Youth Space - Other

The funds were given to provide counselling to young people between the age of 15-18

Youth Space - Rotary Somerset Comm

Somerset Community £4000 to be used for counsellor Fees and

Hanson

Donation to cover the cost of providing free counselling to Children and Young people aged between 15 and 18 in Frome and the surrounding area.

- 16 -

DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

Purpose of restricted funds (continued)

Big Lottery

For Improvements to new building to allow more disabled access and to comply with Fire regulations

BPC Post Graduate

Membership Money held for the Wessex BPC Postgraduate Body

Somerset Community Energy Fund

To help with the cost of heating our building after the increase energy prices in 2022.

Inner Wheel

Money to support up to 5 adult counselling clients who cannot afford to

17 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Unrestricted
Funds
£
12,661
230,190
(86,455)
Restricted
Funds
£
-
16,036
-
Total Funds
2023
£
12,661
246,226
(86,455)
156,396 16,036 172,432

- 17 -

DocuSign Envelope ID: 19438DDB-FF65-4723-9070-75DF0D2B6A1B

WESSEX COUNSELLING SERVICE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2023

18 Analysis of charitable funds - previous year, as required by paragraph 4.2. of the SORP

Incoming and Endowments from:
Donations and legacies
Charitable activities
Other Trading activities
Investments
Total income
Expenditure On:
Raising Funds
Charitable activities
Other
Total expenditure
Net Income
Transfer between funds
Total funds brought forward
Total funds carried forward
Unrestricted
Funds
£
2,878
251,770
1,742
102
Restricted
Funds
£
17,275
2,281
-
-
Total Funds
2022
£
20,153
254,051
1,742
102
256,492 19,556 276,048
-
281,008
1,294
-
5,000
-
-
286,008
1,294
282,302 5,000 287,302
(25,810)
5,582
154,518
14,556
(5,582)
11,373
(11,254)
-
165,891
134,290 20,347 154,637

- 18 -