REGISTERED CHARITY NUMBER: 1057328 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024 FOR THE ROCK CLINIC ASSOCIATION Parkers Cornelius House 178-180 Church Road Hove Easl Sussex BN3 2DJ
THE ROCK CLINIC ASSOCIATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024 Page Report of the Trustees Independent Examlner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 11 Detailed Statement of Financial Activities 12
THE ROCK CLINIC ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST OCTOBER 2024 The trustees present their report with the financial statements of the charity for the year ended 31st October 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The Rock Clinic Association aims to provide psychological and counselling services to the general public and to provide placement opportunities for those training in the field. The Trustees are satisfied that they have complied with the duty in section 17{5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission. Slgnificant activities This year has marked yet another important consolidation for the Rock Clinic. Having opened our third clinic in Hove in the autumn of 2023, with a further 7 consutting rooms, we have significantly increased availability for clinical work and opportunities for training placements with 25 consulting rooms. The new sile is proving popular wilh clients especially those living in the west of the city and from Lancing and Worthing. A minor problem is lack of disabled access at the Hove clinic, but as we have excellent access at Rock West and good access at Rock East, this can be worked around. See map.. https.1.roCkc5ln1C.org.uk1COnta¢t-1he-r0¢k-cllnIcl Parking throughout the city remains difficult with high charges and lack of spaces making car use challenging. Fortunately, all clinics are well served by local buses and cycle lanes - and we provide racks for securing bikes outside. Page 1
THE ROCK CLINIC ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST OCTOBER 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities Achievement and Performance: seniice delivery. As one of the leading providers of psychological services in the city, The Rock Clinic maintained ils reputation for offering affordable therapy in a range of well evidenced therapeutic modaltties. We have increased our Eye Movement Desensitization and Reprocessing (EMDR) provision in line with popular demand as well as Cognitive Behavioural Therapy ICBTI and psychodynamic and psychoanalytic counselling and psychotherapy. Post pandemic the majority of client prefer to attend in-person, but we have maintained our on-line provision for those who are abroad, out of area or who prefer to connect via video conferencing. This helps us fulfil our primary charitable aim of making therapy accessible. We aim to keep costs as low as possible in line with our not-for-profit status and have a 4-tier pricing structure based on the experience of the therapist which effectively subsides the two lower cost schemes. See Costs https.'Ilww.rockclinic.org.uklcostsl Our 30-minute online screening service continued as in previous years and records show we saw 1231 new individual clients and 35 couples this year. Several therapists migrated across the clinics to Rock Hove and as we continued to recruit strongly from local and national training institutions, we have achieved an increase in overall service provision with 152 therapists offering up to 1200 sessions per week. Feedback remains extremely positive with clients continuing to report good levels of satisfaction as in previous years.- 76 % stating that therapy is one of the most signrficant features in helping them resolve their difficulties. Improvements in self-esteem (650/0> and relationships (650/0) were also reported. 700/. felt counselling al Ihe Rock Clinic was the most importanl or significant factor in helping 'develop ideas and abilities that might be useful for the future Iself-understanding, understanding others, managing difficult feelings better, improving communication skills, increased confidence, and assertiveness),. Administration Our administrative and reception team has maintained a steady service covering all dalMe, evening and Saturday working. This is essential in preventing lone-working for trainee therapists in particular with a presence in the office(s) should difficulties occur. Training The Clinic fulfils its second charitable aim by taking counselling and psychotherapy students on placement whilst they complele the clinical aspect of their training and offers a further two-year supportive programme on the intermediate scheme to help newly qualified therapists become established. This year we have had 72 trainees and newly qualified therapists on placement and a further 80 accredited, senior therapists and clinical supervisors working independently with us. The Rock clinic has a reputation throughout Brighton and Hove as the best of the training placements around and we have introduced quarterly trainee liaison meetings to ensure junior voices are heard and feedback processes strengthened. Continuing Professional Developrnent Rock Hove has large rooms which are used for training, meetings and social events. This year we have run a 7-week CBT training, seminars and workshops on Clinical Assessment and Creative Work with Young People as well as the ever-popular postgraduate 30-week training in Clinical Supervision. The Accreditation Workshops were again highly successful in helping newly qualified therapists, with the appropriate level of clinical hours, achieve accreditation wtth the British Association of Counselling (BACPI and the United Kingdon Council for Psychotherapy (UKCP). Delays by BACP however meant some therapists were delayed but up to a year in being assessed and granted accreditation status which remains disappoinling. Overall, this has been another successful year wilh the Rock not only servicing the community but also being a community. We encourage informal neorkIng in the kitchens, our socials are well attended and enjoyable and we take place in the annual Pride Parade to great acclaim from the crowds. 'Rock Clinic: you saved my life,. Page 2
THE ROCK CLINIC ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST OCTOBER 2024 FINANCIAL REVIEW Financial position The Rock Clinic has demonstrated continued financial growth and operational stability throughout the 2024 financial year, following the successful launch of its third clinic in September 2023. Total income for the year ending 2024 was £436,000, up from £385,000 in 2023. This represents a 13 % year-on-year increase in revenue. This growth was supported by.. -The expansion to a third clinic site (Rock Hove} in Q4 2023. -The migralion of several existing therapists to the new site. -Recruitment of an additional 12 traineellntermediale therapists. -Increased availability and working hours for current Practitioners across all locations. Despite the additional operational costs associated with the expansion, The Rock Clinic maintained financial stability across all three sites, indicating effective cost management and scalable operations throughout. Throughout the financial year of 2024, we maintained a total of 152 therapists across the various professional development bands. This therapist structure ensured a balanced mix of developing Practitioners as well as highly experienced Clinicians, supporting both service delivery and ongoing professional growth. Trainees 36 Intermediates 36 Accredited 35 Senior Accredited 45 Assessment numbers in 2024 remained consistent with those recorded in 2023, with 1266 assessments completed compared to 1271 in the previous year. The increased capacty to conduct assessments on a more f requent weekly basis significantly improved accessibility, allowing clients to secure appointments for the following week and in some instances, within just a few days. Reserves policy The board have determined that the unrestricted funds held by the charity should be in excess of 3 months running costs. STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The charity is Controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Recrultment and appointment of new trustees New trustees are selected on the basis of the contribution that they will make to the governance of the organisation and the skills Ihey will contribute. Induction and training of new trustees New trustees are provided with copies of the Charty Commission's guidance to trustees and given an introduction to the activities of the charity by the existing board. Existing trustees are provided with training as and when required. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1057328 Principal address 270 Eastern Road Brighton East Sussex BN2 STA Page 3
THE ROCK CLINIC ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST OCTOBER 2024 Trustee5 A Nikiteas (appointed 14111124) Ms J Charles {appointsd 14111124) Ms C Obolensky (appointed 14111124) M Sawyer (resigned 14111124) R Hoolon (resigned 14111124> Ms A Caates R Scott G Evident (resigned 5161241 D Walls Independent Examinor Annette Watson PhD Bsc FCA Parkers Cornelius House 178-180 Church Road Hove East Sussex BN3 2DJ Approved by order of the board of tnJstees on . ........ . and signed on its behalf by: RScott- rustee Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROCK CLINIC ASSOCIATION Independent examiner's report to the trustees of The Rock Clinic Association I report to the charity trustees on my examination of the accounts of The Rock Clinic Association (the Trust) for the year ended 31st October 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the account5 in accordance with the requirements of the Charities Act 20111'the Act'}. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Seclion 145{5)(b) of the Act. Independent examiner's statement Since your chartty's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confimi that l am qualified to undertake the examination because l am a member of the Instilute of Chartered Accountants in England and Wales, which is one of the listed bodies. 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 Trust as required by Section 130 of the Act., or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charilies (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independenl examination. 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. Annette Watson PhD Bsc FCA The Institute of Chartered Accountants in England and Wales Parkers Cornelius House 178-180 Church Road Hove East Sussex BN3 2DJ Date.. 2Lf Page 5
THE ROCK CLINIC ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 790 129 Charitable activities Clinic 435,981 384,991 Investment income Total 436,771 385,127 EXPENDITURE ON Charitable activities Clinic 436,224 387,909 NET INCOMEI(EXPENDITURE) $47 {2,782) RECONCILIATION OF FUNDS Total funds brought forward 91,476 94,258 TOTAL FUNDS CARRIED FORWARD 92,023 91,476 The notes form part of these financial slatements Page 6
THE ROCK CUNIC ASSOCIATION BALANCE SHEEr 31ST OCTOBER 2024 2024 Unre5tr1ctgd fund 2023 Total funds Notes FIXED ASss Tangible assets 18,967 20.846 CURRENT ASSETS Debtors Cash at bank 78.339 9,828 78,182 14,500 88.167 92,682 CREDftORS Amounts falling due within one year (10,111) (12,052) NEf CURRENT ASSETS 78.056 80,630 TOTAL ASSETS LESS CURRENT LIABILMES 97,023 101,476 CREDrroRS Amounts falling due after more than one year 8 <5,000) 110,000) NET ASSETS 92,023 91.476 FUNDS Unrestricted fijnds 10 92,023 91,476 TOTAL FUNDS 92,023 91,476 e fin cial tat6ments were approved by the Board of Trustees and authorised for issue on . and were signed on Its behatf by: RScott- The notes form part of these financlal statements Page 7
THE ROCK CLINIC ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance wilh the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charrties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charrty has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the ¢harily to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each assel over ils estimated useful life. Plant and machinery Computer equipment 150/0 on reducing balance 33¢/0 on cost Taxation The charty is exempt from tax on its charitable activiiies. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to Ihe financial statements. Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 8 continued...
THE ROCK CLINIC ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST OCTOBER 2024 INVESTMENT INCOME 2024 2023 Deposit account interest TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefrts for the year ended 31 st October 2024 nor for the year ended 31st October 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 st October 2024 nor for the year ended 31st October 2023. STAFF COSTS The average monthly number of employees during the year was as follows.. 2024 2023 Administrative Clinic No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS Plant and machinery Computer equipment Totals COST At 1st November 2023 Additions 61,222 1,510 24,457 85,679 1,510 At 31st October 2024 62,732 24,457 87,189 DEPRECIATION At 1 st November 2023 Charge for year 40,418 3,347 24,415 42 64,833 3,389 At 31st October 2024 43,765 24,457 68,222 NET BOOK VALUE At 31st October 2024 18,967 18.967 At 31st October 2023 20,804 42 20,846 Page 9 continued...
THE ROCK CLINIC ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST OCTOBER 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepayments and accrued income 72,840 5,500 (11 68,622 5,500 4,060 78,339 78,182 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Taxation and social security Other credilors 3,984 (666) 6.793 5,709 1497) 6,840 10,111 12,052 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Other creditors 5,000 10,000 LOANS An analysis of the maturity of loans is given below.. 2024 2023 Amounts falling due within one year on demand.. Other loans 5,000 5.000 Amounts falling beeen one and two years.. Other loans- 1-2 years 5,000 10,000 10. MOVEMENT IN FUNDS Net movemenl in funds At 1111123 At 31110124 Unrestricted funds General fund 91,476 547 92,023 TOTAL FUNDS 91,476 547 92,023 Page 10 continued...
THE ROCK CLINIC ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST OCTOBER 2024 10. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as folSows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 436,771 (436,224) 547 TOTAL FUNDS 436,771 (436,224) 547 Comparatives for movement in funds Net movement in funds At 1111122 At 31110123 Unrestrlcted funds General fund 94,258 (2,782) 91,476 TOTAL FUNDS 94.258 (2,782) 91,476 Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 385,127 (387,909) (2,782) TOTAL FUNDS 385,127 (387.909) (2,782) 11. RELATED PARTY DISCLOSURES Included in trade debtors are amounts owed by Andrea Coates of £6,529 {2023.. £5,263), a trustee of the charity. Page11