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2023-03-31-accounts

CENTRE FOR COUNSELLING AND PSYCHOTHERAPY

EDUCATION TRUST

(Also known as CCPE)

(An unincorporated charity)

Charit No. 1056420 y

Report and Financial Statements

Year ended 31 March 2023

Beauchamp Lodge 2 Warwick Crescent London W26NE

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

Contents
Page
Reference and administrative information 1
Trustees’ Annual Report 2
Independent Auditors' Report 13
Statement of Financial Activities 17
Balance Sheet 18
Statement of Cash Flows 19
Notes to the Financial Statements 20

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

Reference and administrative information

Trustees Nigel Hamilton
Charles Flower
Louise Trowbridge
Pamela Griffiths
Charity registration number 1056420
Registered office and operations address Beauchamp Lodge
2 Warwick Crescent
London W2 6NE
Operations manager Alice Williams
Auditors Goldwins Limited
75 Maygrove Road
West Hampstead
London NW6 2EG
Bankers HSBC
8 Victoria Street
Westminster
London SW1 H ONJ
Solicitors TWM Solicitors LLP
King’s Shade Walk
123 High Street
Epsom
Surrey KT19 8AU

1

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

The trustees present their report and audited accounts of the charity for the year ended 31 March 2023. The trustees have complied with the duty to have due regard to guidance issued by the Charity Commission.

Structure, governance and management

Governing document

The charity is an unincorporated body established under a Trust Deed on 7 September 1995 as amended by a Deed of Variation dated 17 June 1996 and registered as a charity on 27 June 1 9 9 6 The Trust Deed defines the charity's objects, powers and how it is to be governed.

Recruitment and appointment of Trustees

Trustees are recruited who have the necessary skills and knowledge to deal with the affairs of the charity. Sufficient training of trustees is provided to facilitate the undertaking of their role. The Chair of the Trustees currently Nigel Hamilton is elected by the Trustees for a period of five years and is eligible for re-election.

New Trustees are appointed by the existing Trustees.

Trustees meet at least twice a year.

Risk management

The trustees have conducted a review of the major risks the charity faces. Where appropriate systems and procedures have been established to mitigate these risks.

Organisation structure

The Administration of the CCPE Trust is carried out by the Director, Nigel Hamilton, the operations manager and administrative staff; this includes the day to day responsibilities and finances. The Management Committee, currently consisting of the Director, the three Deputy Directors, three senior members of the clinical/teaching staff and the operations manager meets on a weekly basis to deal with the overall management of the clinic and teaching programmes. The Director reports to the Management Committee weekly at these meetings.

Objectives

The objects of the charity are:

• To advance public education in counselling and psychotherapy particularly by the provision of training in psychotherapy and financial support to academically promising students of counselling and psychotherapy on a low income to assist them to complete their education;

• To conduct or commission research into the transpersonal perspective of psychotherapy and to publish the useful results of such research;

• The relief of persons suffering from psychological of emotional illness by the provision of an appropriate low cost or free counselling and psychotherapy service.

Activities, achievements and performance, financial review and plans for the future

The trustees, in planning the activities for the year, have had due regard to Charity Commission guidance on public benefit.

The Annual Report on the work of the charity follows.

2

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

TABLE OF CONTENTS

Page
4. Introduction
5. Accreditation by Professional Associations
5. Status of Courses
5. Post-Graduate Training Courses - M.A. & PhD update
6. PhD in Professional Practice
6. Research and Development
6. Staff
6. Outreach Work (St James's, Piccadilly)
7. Outreach Work (Student Placements)
8. Bursaries
8. Clients
9. Low Cost and Free Counselling Services
9. Grants and Gifts in Kind
9. Management Structure
9. Financial Statement
9. Reserves
10. Trustees
10. Risk Management Policy
10. Dream Research Institute

3

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

1. Introduction

The Centre for Counselling and Psychotherapy Education (CCPE) was registered by the Charity Commissioners as a charity on 28th June 1996. There have been no changes to the Deeds of Trust or the Objects of the Charity.

This report covers the period from 1st April 2022 to 31[st] March 2023.

The financial statement previously submitted in early 2023 covered the year ending 31[st] March 2022.

The Objects of the Trust have been met during this period.

Object 1. To advance public education in Counselling and Psychotherapy particularly by the provision of training in Psychotherapy and financial support to academically promising students of Counselling and Psychotherapy on a low income to assist them to complete their education.

See Sections 3, 4 and 5 and 13 of this Report.

Object 2. To conduct or commission research into the Transpersonal perspective of Psychotherapy and to publish the useful results of such research.

See Section 6 of this Report.

Object 3. The relief of persons suffering from psychological or emotional illness by the provision of an appropriate low cost or free counselling and psychotherapy service.

See Sections 8, 9, 10, 11 and 12 of this Report.

Targets 2022/2023

In 2023, two well-subscribed Foundation Courses began in January. Our Diploma intake was higher than the previous year despite some students deferring their place to 2024. Advertising through professional journals and our Open Evenings to the public, together with the website, continue to draw large numbers into the training courses.

Academic Courses 2022/2023

In December 2010, Northampton University accredited our M.A. in Transpersonal Psychotherapy and M.A. in Child, Adolescent & Family Therapy courses. In January 2023, the Research M.A. in Transpersonal Psychotherapy enrolled 14 students. 12 students were enrolled in the Child M.A. in 2022 and will graduate at the end of 2023. The current Research MA cohort will graduate at the end of 2024.

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Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

2. Accreditation by Professional Associations and Academic Institutions

The Diploma in Transpersonal Counselling and Psychotherapy remains accredited by the United Kingdom Council for Psychotherapy (UKCP). Our UKCP Quinquennial Review took place in early 2021 and we were successfully re-accredited. Both the M.A. in Transpersonal Psychotherapy and the M.A. in Child, Adolescent & Family Therapy programmes remain accredited via The University of Northampton. The School of Psychology at The University of Northampton awarded CCPE with a commendation in November 2016 based on student feedback. Our 5 yearly Partner Review with the University of Northampton is due in the summer of 2023.

3. Status of Courses

Summary

Courses currently being offered at the CCPE are:

  1. A Foundation Course leading to the award of a Certificate in Counselling and Psychotherapy

  2. Diploma in Counselling and Psychotherapy (UKCP accredited)

  3. MA in Transpersonal Counselling & Psychotherapy (in conjunction with Northampton University; also

UKCP accredited).

  1. MA in Child, Adolescent & Family Therapy (in conjunction with Northampton University; also UKCP

accredited).

  1. Supervisor Training leading to the Diploma in Supervision

  2. Advanced Diploma in Counselling and Psychotherapy

  3. Dream Analysis in Psychotherapy (beginners, intermediate and advanced)

  4. Couples Psychotherapy Diploma

  5. Professional PhD: Transpersonal Psychotherapeutic Practice

4. Post-Graduate Training Course update

Both M.A. Courses continue to produce graduates who stand out as competent practitioners of Transpersonal Psychotherapy. Two new external examiners have been appointed by Northampton University, one for the M.A. in Transpersonal Psychotherapy and one for the M.A. in Child, Adolescent & Family Therapy. The thirteenth cohort for the Couples Therapy course enrolled 9 students in January

  1. Our graduates continue to have articles published in the UKCP and BACP professional journals.

5

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

5. PhD in Professional Practice: Psychological Perspectives’ by Christ Church Canterbury University

A PhD in Professional Practice continues with Canterbury Christchurch University (CCCU) in conjunction with the Professional Development Forum (PDF). Two students are enrolled.

6. Research and Development

Research in Progress 2023-2024

In 2023, a new cohort of 14 students was enrolled and 14 research proposals have been submitted for approval by the Academic and Ethics Committee of CCPE in conjunction with the Faculty of Health and Society at The University of Northampton.

The students are due to hand in their completed thesis by the end of November 2024.

7. Staff

Office Staff

We will be hiring a new receptionist in 2023.

Teachers and Facilitators

One senior teaching staff member retired and has been replaced by an existing staff member.

Guest Lecturers

CCPE lecturers have continued to deliver an annual series of psychotherapy seminars for professionals, in Zurich this past year.

The Centre has continued to receive guest lecturers from institutions in the U.K., U.S.A. and Europe.

Therapists

Currently, over 150 qualified therapists (including part-time practitioners) work at the Centre offering psychotherapy to the public.

8. Outreach Work (St James's Piccadilly)

Counselling Services

Although counselling had to switch to be offered online in the pandemic, the in-person Caravan reopened this year. Students from CCPE continue to provide over 4,000 hours of counselling services free of charge, to the Walk-in Counselling Service based at St James’s, Piccadilly, over the past 12 months. The low-cost fee of £15/hour was waived. This equates in terms of the value of time given to over £60,000 in one year (based on £15 per hour).

The success of this project has continued throughout 2022 into 2023.

6

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

9. Outreach Work (Student Placements)

In addition, Voluntary Counselling Services given free of charge by students who study at the Centre were as follows:

Voluntary Services by Placements December 2022 - December 2023

Location Location Location Hours Hours
Hospitals 1000
Health Authorities & SocialServices 500
GPSurgeries 400
Drug &AlcoholServices 600
Hospice &Bereavement Services 900
*Specialised Centres 5500
PrisonServices 0
Crisis Centres 1500
Counselling,Advice &Therapy Centres 5950
Other (Schools)
(Churches)		 0
Sub-total 16,350
St James's 4,000
TOTAL 20,350
* e.g.
Maytree
Age Concern
Women’s
Centres		 Youth Projects
& Counselling
Services
Family Centres		 Just Ask
Help
Counselling
Centre
Homeless

N.B. It should be noted that due to Covid-19, many placements have not re-opened or now operate

online only. This accounts for the reduction in placement hours.

The “Fresh Start” counselling scheme for families in Westminster continues to operate at CCPE, free of charge for the use of counselling rooms or £6/hr in cases where families can afford it.

A new scheme ‘Fresh Steps’, started in 2009, aimed at low-cost counselling for children, and is proving to be popular. Two clinical rooms at CCPE have been converted for use by the children and the Child Psychotherapists. This is now included in the figures on page 7.

Fresh Steps 2017/2018= 260 hours Fresh Steps 2018/2019= 280 hours Fresh Steps 2019/2020= 280 hours Fresh Steps 2020/2021= 120 hours Fresh Steps 2021/2022 = 120 hours Fresh Steps 2022/2023 = 130 hours

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Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

The total number of voluntary counselling placement hours offered by the CCPE is:

Placements for 2017/2018 = 25,000 hours
Placements for 2018/2019 = 25,000 hours
Placements for 2019/2020 = 25,000 hours
Placements for 2020/2021 = 18,000 hours
Placements for 2021/2022 = 21,500 hours
Placements for 2022/2023 = 20,350
Total for 2022-2023 = 20,480 hours

If the low-cost fee of £15/hr is waived, this equates in terms of the value of time given to approximately £307,200 for the year 2022/23.

10. Bursaries

The following bursaries were given to students at the Centre for the period January – December 2023:

Feeswaived: SupervisorsTraining Course £1,000
Seminars £1,000
Diploma Course £4,500
FoundationCourse £1,000
Dreams Courses £1,500
TOTAL £9,000

Bursaries 2018/2019 - £13,000 Bursaries 2019/2020 - £13,000 Bursaries 2020/2021 - £9,000 Bursaries 2021/2022 - £9,000 Bursaries 2022/2023 - £9,000

11. Clients at CCPE

Due to the advent of online counselling, the number of clients seen face to face at the Centre has reduced from an average of 930 per week to less than 600 per week in 2022-23, of which around 25% were seen at a reduced rate. Most of these were ‘Fresh Start’ and ‘Fresh Steps’ clients. The balance of reduced fees is documented in part 12 below.

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Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

12. Low Cost and Free Counselling Services at Beauchamp Lodge

Examples of reasons for offering low cost or free counselling are:*

Unemployed Low wage Financial problems Mentally disturbed and unable to work Single parent

The standard fee for professional counselling services is around £60/hour. Typical low-cost fees average around £15/hour. The fee reduction is therefore around £45/hour. An estimation of the total value of reduced or free counselling services for a 40-week counselling year follows:

The total value of the reduced rate or free counselling services given in 2018/2019 was over £418,000 The total value of the reduced rate or free counselling services given in 2019/2020 was over £382,500 The total value of the reduced rate or free counselling services given in 2020/2021 was over £40,000 The total value of the reduced rate or free counselling services given in 2021/2022 was over £75,000 The total value of the reduced rate or free counselling services given in 2022/2023 was over £108,000

13. Grants and Gifts in Kind

Grants and Gifts in Kind are as follows:

Grants and Gifts in Kind are as follows:
£
Counselling & Psychotherapy free service at St James's Section 8 60,000
Free Counselling & Psychotherapy Services - Outreach
Programme		 Section 9 307,200
Bursaries to students Section 10 9,000
Reduced fees for Counselling and Psychotherapy at CCPE Section 12 108,000
TOTAL 484,200

14. Management Structure

An Organisational Structure Review has been implemented over the course of 2021 and 2022.

15. Financial Statement

The Financial Statement for the Charity Commission for the year ending 31[st] March 2023 is included. The Charity recorded an income of £1,247,198 and expenses of £1,362,029. Fortunately, we still have a strong reserve to draw upon. We are making efforts to restrict and reduce our expenses. The original investment of £170,000 in the "cautious" fund operated by Omnis Managed Portfolio Service has decreased in value to £168,992.

16. Reserves

The free reserves stands at £470,987 as of March 2023 and the total reserves at £480,809.

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Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

17. Current Trustees

Currently the Trustees are as follows:

Nigel Hamilton (Chair) Charles Flower Louise Trowbridge Pamela Griffiths

18. Risk Management Policy

The CCPE Trust regularly assesses the risks inherent in running both a psychotherapy clinic and a psychotherapy training centre. To this end, the Centre carries a comprehensive insurance policy covering accidents, professional indemnity, for staff and clients as well as buildings insurance. The trustee indemnity insurance continues to run. In addition, a detailed health and safety report, evaluating the risks involved in running a public building, has been prepared. All health & safety requirements specified in the report have been attended to and been inspected by Westminster Council’s Health & Safety Officer.

19. DREAM RESEARCH INSTITUTE Centre for Counselling and Psychotherapy Education Trust www.driccpe.org.uk

DRI Development: Annual Report, April 2023

Launched in September 2012, the DRI is the CCPE’s centre for dream studies, provided by the CCPE to meet three primary aims:

DRI Research 2023

  1. Key Research Projects: Research into Dreams

  2. Lucid Dream Research: In partnership with the Lucid Dream Exchange, experienced lucid dreamers were recruited to perform specified actions and ask particular questions in the lucid dream state, and report back the results. This project is led by Dr Nigel Hamilton and the Lucid Dream Exchange’s Robert Waggoner and initial findings were presented at the DRI research symposium in March 2023.

10

Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

DRI Events /Conferences/Lectures 2022-23

  1. Melinda Powell has continued to offer her ‘The Hidden Lives of Dreams’ webinar series, and offered the “Lucid Surrender” webinar course, based on her latest book.

  2. The additional courses (online and in-person) which were added to meet demand for courses in 2022 were fully enrolled again for the start of 2023.

  3. The DRI Dream Research Symposium, presented as a live online event in March 2023 drew an audience of 45 people and raised funds for the work of the DRI.

  4. Co-Founders Dr Nigel Hamilton and Melinda Powell represented the DRI at online and in-person conferences of the International Association for the Study of Dreams (IASD).

  5. A live ticketed event with DreamsID will be held at CCPE in July 2023 to raise funds for the DRI and provide an opportunity for public engagement and education.

DRI online engagement

  1. A new DRI website was designed and launched in September 2022, with functionality for video and audio streaming, paid membership, and an up-to-date design to attract broader and deeper audience engagement. Membership has been steadily growing.

  2. The DRI social media presence has grown through targeted use of Instagram, Facebook and redesigned email newsletters.

  3. A DRI podcast series, The Dream Boat, was launched in early 2023 and has received good feedback and a steadily growing audience.

Trustees’ responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Statement as to disclosure to our auditors

In so far as the trustees are aware:

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Centre for Counselling and Psychotherapy Education Trust

Report and financial statements

For the Year Ended 31 March 2023

Auditors

Goldwins Limited were re-appointed as the auditors of the charity during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 9/1/2024 and signed on their behalf by:

Nigel Hamilton Chair

12

Independent Auditor’s report to the Trustees of Centre for Counselling and Psychotherapy Education Trust

Opinion

We have audited the financial statements of Centre for Counselling and Psychotherapy Education Trust (‘the charity’) for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet, Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in the preparation of the charity’s financial statements is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorʼs responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRCʼs Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

13

Independent Auditor’s report to the Trustees of Centre for Counselling and Psychotherapy Education Trust

Other information

The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

14

Independent Auditor’s report to the Trustees of Centre for Counselling and Psychotherapy Education Trust

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorʼs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

15

Independent Auditor’s report to the Trustees of Centre for Counselling and Psychotherapy Education Trust

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: [www.frc.org.uk/auditorsresponsibilities]. This description forms part of our auditorʼs report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditorʼs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

………………………………

Goldwins Limited Statutory Auditor Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG

Goldwins Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

16

Centre for Counselling and Psychotherapy Education Trust

Statement of Financial Activities Including Income and Expenditure Account Year ended 31 March 2023

Note
Income from:
Donations
Charitable activities
3
Investment income
4
Other income
Total income
Expenditure on:
5
Raising funds
Charitable activities
Total expenditure
Net gains/(losses) on investments
10
Net income/(expenditure) for the year
6
Net movement in funds
Reconciliation of funds:
14
Total funds brought forward
Total funds carried forward		 Unrestricted
Total
Total
Funds
Funds
Funds
2023
2023
2022
£
£
£
-
-
7,125
1,246,151
1,246,151
1,353,538
1,047
1,047
2,342
-
-
25,545
1,247,198
1,247,198
1,388,550
-
-
1,814
1,362,029
1,362,029
1,272,029
1,362,029
1,362,029
1,273,843
(13,499)
(13,499)
9
(128,330)
(128,330)
114,716
(128,330)
(128,330)
114,716
609,139
609,139
494,423
480,809
480,809
609,139

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.

17

Centre for Counselling and Psychotherapy Education Trust Balance sheet

As at 31 March 2023

Note 2023 2022
£ £
Fixed assets
Tangible assets 9 9,822 10,933
Investments 10 168,992 182,491
178,814 193,424
Current assets:
Debtors 11 15,713 863
Cash at bank and in hand 316,380 453,297
332,093 454,160
Creditors: amounts falling due within one yea 12 (30,098) (38,445)
Net current assets 301,995 415,715
Total net assets 480,809 609,139
Funds: 14
Restricted funds - -
Unrestricted funds: 480,809 609,139
Total funds 480,809 609,139

Approved by the trustees on ___ and signed on their behalf by:

……………………………………

Nigel Hamilton Chair

The attached notes form part of the financial statements.

18

Centre for Counselling and Psychotherapy Education Trust Statement of Cash Flows As at 31 March 2023

Cash flow from operating activities
Net income/(expenditure) for the year
Interest/ rent/ dividends from investments
Gains/ (losses) on investments
Investment charges within portfolio
Depreciation
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by / (used in) operating activities
Cash flows from investing activities:
Interest/ rent/ dividends from investments
Sale/ (purchase) of investments
Cash provided by / (used in) investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Analysis of cash and cash equivalents
Cash at bank and in hand
Total cash and cash equivalents		 2023
2022
£
£
(128,330) 114,716
(1,047) (2,342)
(13,499) (9)
- 1,814
1,111 1,197
(14,850) (864)
(8,347) 5,232
(164,962) 119,744
1,047
35
-
-
1,047
35
(163,915)
119,779
453,297
333,518
289,382
453,297
At 1 April
2022
Cash flows
At 31
March
2023
£
£
£
453,297
(163,915)
289,382		 2023
2022
£
£
(128,330) 114,716
(1,047) (2,342)
(13,499) (9)
- 1,814
1,111 1,197
(14,850) (864)
(8,347) 5,232
(164,962) 119,744
1,047
35
-
-
1,047
35
(163,915)
119,779
453,297
333,518
289,382
453,297
453,297
(163,915)
289,382

19

Centre for Counselling and Psychotherapy Education Trust Notes to the financial statements

Year ended 31 March 2023

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 2015).

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Tuition fees are included in the Statement of Financial Activities when receivable. Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

20

Centre for Counselling and Psychotherapy Education Trust Notes to the financial statements

Year ended 31 March 2023

1 Accounting policies (continued) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity and its activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities.

Operating leases

Rental charges are charged on a straight line basis over the term of the lease.

Tangible fixed assets

Fixed assets costing less than £2,000 are not capitalised. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Pensions

The pension costs of the workplace defined contribution arrangements are charged to the SOFA as incurred.

21

Centre for Counselling and Psychotherapy Education Trust

Notes to the financial statements

Year ended 31 March 2023

2 Detailed comparatives for the statement of financial activities

3 Income from:
Donations
Charitable activities
Investment income
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net gains/(losses) on investments
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Income from charitable activities
Contract counselling services
Tuition fees
Library membership fees
Book sales
Freshstart therapy fees
Job Retention Sceme grant
Dream Research Institute income		 Unrestricted
funds
Total
funds
2022
2022
£
£
7,125
7,125
1,353,538
1,353,538
2,342
2,342
25,545
25,545
1,388,550
1,388,550
1,814
1,814
1,272,029
1,272,029
1,273,843
1,273,843
9
9
114,716
114,716
494,423
494,423
609,139
609,139
Unrestricted
Total
Total
2023
2023
2022
£
£
£
-
-
17,500
1,219,767
1,219,767
1,285,725
26,349
26,349
35,799
35
35
104
-
-
2,470
-
-
9,940
-
-
2,000		 Unrestricted
funds
Total
funds
2022
2022
£
£
7,125
7,125
1,353,538
1,353,538
2,342
2,342
25,545
25,545
1,388,550
1,388,550
1,814
1,814
1,272,029
1,272,029
1,273,843
1,273,843
9
9
114,716
114,716
494,423
494,423
609,139
609,139
1,246,151
1,246,151
1,353,538

4 Income from investments

Bank interest
Income from UK listed investments		 Unrestricted
Total
Total
2023
2023
2022
£
£
£
1,047
1,047
35
-
-
2,307
1,047
1,047
2,342

22

Centre for Counselling and Psychotherapy Education Trust

Notes to the financial statements

Year ended 31 March 2023

5 Analysis of expenditure

Staff costs
Advertising and promotion
Audit fees
Bookkeeping
Caravan expenses
Cleaning
Conference expenses
Consultancy fees
Depreciation
Expensed equipment
Freshstart expenses
Investment management fees
IT expenses
Leasing of office equipment
Lecturers' fees
Legal fees
Northampton University
enrolment fees
Other expenses
Rent, rates and insurances
Repairs and maintenance
Stationery, printing and office
supplies
Subscriptions
Telephone, postage and delivery
expenses
Travelling expenses
UKCP and BACP membership
fees
Support costs
Governance costs
Total expenditure 2023
Total expenditure 2022		 Raising
funds
Charitable
activities
Support
costs
Governance
Costs
Total 2023
Total 2022
£
£
£
£
£
£
-
-
303,991
-
303,991
289,196
-
-
-
-
-
71
-
-
-
10,200
10,200
8,000
-
-
6,373
-
6,373
2,219
-
-
-
-
-
23,171
-
-
1,750
-
1,750
2,100
-
9,460
-
-
9,460
2,943
-
-
-
-
-
15,995
-
-
1,111
-
1,111
1,197
-
-
-
-
-
2,603
-
-
-
-
-
3,213
-
-
-
-
-
1,814
-
8,892
19,473
-
28,365
8,938
-
-
7,404
-
7,404
5,472
-
572,996
-
-
572,996
482,237
-
-
1,313
-
1,313
1,463
-
20,680
-
-
20,680
22,180
-
-
20,088
-
20,088
10,424
-
292,620
73,155
-
365,775
355,212
-
-
-
-
-
21,400
-
-
1,233
-
1,233
3,665
-
-
1,577
-
1,577
385
-
-
9,700
-
9,700
9,387
-
13
-
-
13
20
-
-
-
-
-
536		 Raising
funds
Charitable
activities
Support
costs
Governance
Costs
Total 2023
Total 2022
£
£
£
£
£
£
-
-
303,991
-
303,991
289,196
-
-
-
-
-
71
-
-
-
10,200
10,200
8,000
-
-
6,373
-
6,373
2,219
-
-
-
-
-
23,171
-
-
1,750
-
1,750
2,100
-
9,460
-
-
9,460
2,943
-
-
-
-
-
15,995
-
-
1,111
-
1,111
1,197
-
-
-
-
-
2,603
-
-
-
-
-
3,213
-
-
-
-
-
1,814
-
8,892
19,473
-
28,365
8,938
-
-
7,404
-
7,404
5,472
-
572,996
-
-
572,996
482,237
-
-
1,313
-
1,313
1,463
-
20,680
-
-
20,680
22,180
-
-
20,088
-
20,088
10,424
-
292,620
73,155
-
365,775
355,212
-
-
-
-
-
21,400
-
-
1,233
-
1,233
3,665
-
-
1,577
-
1,577
385
-
-
9,700
-
9,700
9,387
-
13
-
-
13
20
-
-
-
-
-
536
-
904,661
447,168
10,200
1,362,029
-
447,168
(447,168)
-
-
-
10,200
-
(10,200)
-		 1,273,843
-
1,362,029
-
-
1,362,029
1,814
1,272,029
-
-
1,273,843

All the expenditure was unrestricted (2022: all unrestricted).

23

Centre for Counselling and Psychotherapy Education Trust

Notes to the financial statements

Year ended 31 March 2023

6 Net income/(expenditure) for the year

This is stated after charging:
Depreciation
Auditors' remuneration:
Audit fees
Accountancy services		 2023
2022
£
£
1,111
1,197
8,500
4,500
-
3,500

7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:
Salaries and wages
Social security costs
Pension costs
Other staff costs		 2023
2022
£
£
269,116
256,765
22,777
21,401
6,175
5,886
5,923
5,144
303,991
289,196

None of the employees received employee benefits (excluding employer pension) during the year over £60,000 (2022: None).

The total employee benefits including pension contributions of the key management personnel were £59,936 (2022: £55,699).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022: nil) nor 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).

Rent of £350,000 (2022: £340,000) was payable to Mr Nigel Hamilton in respect of the property owned by him and occupied by the charity. It is estimated that the property could be let out annually for the same use in the open market for a rental of at least £750,000.

The average number of employees (headcount based on the number of staff employed) during the year was 10 (2022: 8).

8 Taxation

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

24

Centre for Counselling and Psychotherapy Education Trust

Notes to the financial statements

Year ended 31 March 2023

9
Tangible fixed assets
Cost
At the start of the year
Additions
At the end of the year
Depreciation
At the start of the year
Charge for year
At the end of the year
Net book value
Brought forward
Carried forward
All of the above assets are used for charitable purposes.
10 Investments
Market value at start of year
Changes during the year:
Management fees
Dividends/interest received
Net gain/(loss) during year
11 Debtors
Fees receivable
Other debtors
Total
12 Creditors: amounts falling due within one year
Taxation and social security
Other creditors
Accruals
Deferred income
Total		 Caravan
Fixtures &
Fittings
Total
£
£
£
22,203
35,866
58,069
-
-
-		 Caravan
Fixtures &
Fittings
Total
£
£
£
22,203
35,866
58,069
-
-
-
22,203 35,866
58,069
11,271
1,110		 35,865
47,136
1
1,111
12,381 35,866
48,247
10,932 1
10,933
9,822 -
9,822
2023
2022
£
£
182,491
181,988
-
(1,814)
-
2,308
(13,499)
9
168,992
182,491
2023
2022
£
£
15,713
-
-
863
15,713
863
2023
2022
£
£
7,763
8,410
-
11,092
10,200
18,943
12,135
-
30,098
38,445

25

Centre for Counselling and Psychotherapy Education Trust

Notes to the financial statements

Year ended 31 March 2023

13 Analysis of net assets between funds

Analysis of net assets between funds
Year ended 31 March 2023
Tangible fixed assets
Investments
Net current assets
Net assets at the end of the year
Year ended 31 March 2022
Tangible fixed assets
Investments
Net current assets
Net assets at the end of the year		 General
unrestricted
Restricted
Total
funds
£
£
£
9,822
-
9,822
168,992
-
168,992
301,995
-
301,995
480,809
-
480,809
General
unrestricted
Restricted
Total
funds
£
£
£
10,933
-
10,933
182,491
-
182,491
415,715
-
415,715
609,139
-
609,139

14 Funds

Year ended 31 March 2023

Unrestricted funds
Total Funds
Year ended 31 March 2022
Unrestricted funds
Total Funds		 At the start
of the year
Income Expenditure
Transfers
At the end
of the year
£
£
£
£
£
609,139
1,247,198
(1,375,528)
-
480,809
609,139
1,247,198
(1,375,528)
-
480,809
At the start
of the year
Income Expenditure
Transfers
At the end
of the year
£
£
£
£
£
494,423
1,388,550
(1,273,834)
-
609,139
494,423
1,388,550
(1,273,834)
-
609,139

15 Analysis of cash and cash equivalents

Cash at bank and in hand
Total cash and cash equivalents		 Brought
forward
Cash flows
Other
changes
Carried
forward
£
£
£
£
453,297
(136,917)
-
316,380
453,297
(136,917)
-
316,380

26

Centre for Counselling and Psychotherapy Education Trust

Notes to the financial statements

Year ended 31 March 2023

16 Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

Less than 1 year
1 - 5 years		 Equipment
Property
Equipment
Property
2023
2023
2022
2022
£
£
£
£
3,730
30,833
3,072
29,167
3,840
-
5,889
-
7,570
30,833
8,961
29,167

17 Related party transactions

There are no related party transactions to disclose for the year other than noted under note 7 (2022: none). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

27