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2024-09-30-accounts

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

Registered number: 03258939 Charity number: 1058545

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY

(A Company Limited by Guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1 - 2
Trustees' Report 3 - 16
Independent Auditor's Report on the Financial Statements 17 - 20
Statement of Financial Activities 21
Balance Sheet 22
Statement of Cash Flows 23
Notes to the Financial Statements 24 - 45

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2024

Trustees Philippa Donovan, co-opted trustee (appointed interim chair 5 July 2024, appointed
chair 3 March 2025)
William Adlard (appointed 3 March 2025)
Michelle Briggs, trustee
William Daniel-Braham, trustee
Peter Gregory, trustee
Akash Patel, chair of Finance, Risk & Audit Committee (appointed 3 February
2025)
Matthew White, lay trustee (appointed 22 February 2024)
Frederick Young, trustee
Christian Buckland, chair (resigned 13 June 2024)
Jennifer Ayling, vice chair (appointed 4 March 2024, resigned 17 July 2024)
David FitzGerald, treasurer (resigned 8 May 2024)
John Loughrey, lay trustee (ended the maximum eight-year term of office on 10
February 2024)
Company registered
number
03258939
Charity registered
number
1058545
Registered office and
operational address
(until 16 June 2024)
2nd Floor, America House
2 America Square
London
EC3N 2LU
(from 17 June 2024)
York House
221 Pentonville Road
London
United Kingdom
N1 9UZ
Key management
personnel
Jonathan Levett, chief executive
Emily Bridges, strategic projects lead (head of content and engagement until 30
September 2024)
Victoria Calais, chief operating officer
James Pickering, registrar
Helen Willingham, head of content and engagement (on parental leave until 30
September 2024)
Independent auditor
Peters Elworthy & Moore
Chartered Accountants
Statutory Auditors
Salisbury House
Station Road
Cambridge
CB1 2LA

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Bankers

Solicitors

CAF Bank Ltd Kings Hill West Malling Kent ME19 4TA Unity Trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG Fieldfisher Riverbank House 2 Swan Lane London EC4R 3TT

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024

A message from the Board of Trustees

This report outlines UKCP’s achievements and the impact of our work in the 2023/24 financial year (1 October 2023 – 30 September 2024).

The year under review presented numerous significant events and challenges for UKCP. It included a successfully defended petition for removal of the board of trustees following the withdrawal from the MoU on conversion therapy. Despite this, work began to engage with members to develop an ambitious new UKCP strategy that was launched in 2024.

There have been changes on the board with four trustees finishing in 2024: Dr Christian Buckland, Jennifer Ayling, David Fitzgerald and John Loughrey. We express our gratitude for their dedicated service and commitment to UKCP. We also welcomed a new lay trustee, Matthew White, and appointed a new interim chair. Elections for vacant trustee positions and chair took place in early 2025.

As is detailed in our report, many streams of work took place and there are great successes to be acknowledged from the 2023/24 year. Key achievements included the following:

This is just a brief overview of some of the areas of work and the report below gives details of much more. We extend our sincere appreciation to all individuals who have contributed to the efforts of UKCP including colleges, volunteers, members, staff and colleagues in other organisations.

Trustees’ annual report

The trustees present their annual report together with the audited financial statements of the Company for the year 1 October 2023 to 30 September 2024. The annual report serves the purposes of both a trustees’ report and a directors’ report under company law. The trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company’s governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 has been omitted.

Objectives and activites from 2023/24

The trustees review UKCP’s aims, objectives and activities each year. This report looks at what UKCP has achieved and the outcomes of its work within the past 12 months in pursuit of the previous strategic objectives. The trustees report the success of each key activity and the benefits UKCP has brought to the people it is set up to help. The report also helps the trustees ensure UKCP’s aims, objectives and activities remain in line with its stated purposes. Next year’s annual report will detail achievements that support the refreshed strategic objectives for 2024-27.

UKCP’s vision (2023/24)

A world in which emotional and mental wellness is a human right.

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

UKCP’s purpose

To transform lives by unlocking potential.

UKCP’s mission

Alongside professional support for its members, it is the leading research, innovation, educational and regulatory body working to advance psychotherapies for the benefit of all.

Strategic objectives (2023/24)

Improving access to psychotherapy

To make sure that high-quality psychotherapy and psychotherapeutic counselling in both private and public sectors are available to everyone, no matter who they are.

Engaging better

To improve the way UKCP engages with individual and organisational members and provide services and benefits which are valued by all.

Maintaining standards of excellence

To protect the public by making sure everyone on the UKCP register meets the organisation’s professional standards, at the same time making sure the register meets national accreditation requirements. To continue setting high standards in the way UKCP governs and organises itself.

Collaborating for success

To develop existing external collaborations and actively seek new ones to achieve a more powerful voice to promote psychotherapy and psychotherapeutic counselling.

Research

To carry out appropriate research and use findings to promote psychotherapy and psychotherapeutic counselling and inform its members’ training and development for the benefit of all.

Our Charitable objectives

UKCP’s charitable objectives, as set out in its articles of association, provide a framework to achieve its strategic aims. They are to promote:

Public benefit

The trustees have referred to the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

UKCP's achievements and performance

Improving access to psychotherapy

UKCP wants to make sure high-quality psychotherapy and psychotherapeutic counselling in both private and public sectors are available to everyone, no matter who they are.

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Promoting national policies in an election year

UKCP urged key policymakers to promote and protect the provision of psychotherapy both before and after the UK general election in July 2024.

In October 2023, the UKCP policy team attended fringe events at the Labour Party Conference. This was a good opportunity to speak to influential decision-makers about UKCP’s key issues and asks. The policy team also responded to several government consultations, highlighting the benefits of psychotherapy and the views of the psychotherapy profession. These included the Welsh mental health and wellbeing strategy consultation and the Labour mental health review consultation.

UKCP sent letters to key members of the new Labour government, welcoming them, emphasising the crucial role psychotherapy plays, introducing them to UKCP and setting out the organisation’s policy priorities. UKCP also signed a letter to political leaders urging them to support mental health in education. This initiative was led by Nurture UK and included many sector partners.

Enhancing our website’s Find a Therapist tool

UKCP’s online Find a Therapist tool provides individuals with efficient and straightforward access to the necessary psychotherapy support. Thanks to a programme of improvements to the tool and a search engine optimisation strategy, website page views for Find a Therapist rose by 170%. This made it the highest-ranking page on the UKCP website in 2023-24.

Increasing the profile of psychotherapy and UKCP in the media

In 2024, UKCP secured 121 pieces of media coverage. These included pieces in the national press (60 per cent of the total coverage), such as The Guardian, iNews, The Daily Telegraph, Yahoo and The Independent. Topics included raising awareness of high-quality psychotherapy and the impact that social and technological developments might have on mental health.

Promoting careers in psychotherapy

UKCP also aims to attract people to join the psychotherapy profession. The My Psychotherapy Career podcast series, which ended in April 2024, sought to attract listeners interested in discovering the possible career paths that psychotherapy offers and how to get there.

From October 2023 to September 2024, the series had 10,895 listens. The highest-performing episode had 833 listens.

Engaging better

UKCP is seeking to improve the way it engages with its individual and organisational members and to provide services and benefits valued by all.

Offering high-quality resources and events

An important area of UKCP’s work is providing psychotherapists with the tools they need for excellent practice, so they can make the biggest difference possible to their clients’ lives. In 2023-24, UKCP:

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

UKCP’s members forum serves as a platform for members to engage in discussions and address significant issues pertaining to psychotherapy and UKCP. Members forum ran well-attended and lively events in October 2023 and March 2024, including a hybrid meeting in Edinburgh.

Working with members on UKCP’s new strategy

During 2024, UKCP began to build its new strategy to guide the work of the whole organisation over the next three years. The strategy was launched at the UKCP Conference in November 2024.

UKCP engaged members extensively in developing the strategy to make sure it truly reflects what they want and need from their organisation. This included New Psychotherapist magazine articles, commissioned think pieces, email updates and surveys, plus a series of webinars on the strategy’s four pillars (quality, membership, voice and organisation). Each of these online events included a panel discussion, question and answer session with attendees and follow-up survey. Consultation was also carried out with the members forum and UKCP colleges and committees.

Through this engagement, members said they wanted better regulatory processes, more events and CPD opportunities, enhanced member support and a stronger public and policy presence for UKCP.

The new strategy will reflect the collective voice of UKCP’s members to the greatest extent possible, focusing on areas such as statutory regulation, carrying out a governance review, improving member services and increasing UKCP’s visibility and advocacy efforts.

Championing equity, diversity and inclusion

Equity, diversity and inclusion (EDI) is at the core of UKCP’s work. Its key aims in this area include making the psychotherapy profession more diverse, embedding EDI in UKCP itself and ensuring psychotherapy is available and accessible to everyone who needs it.

UKCP’s Equity, Diversity and Inclusion – Belonging, Intersectionality, Inclusion, Diversity, Equity (EDI-BIIDE) Committee guides the EDI agenda across UKCP. Since its inception, the committee has focused on progressing the organisation’s EDI-BIIDE Action Plan and ensuring that EDI considerations are embedded in the four strategic pillars of the new UKCP strategy. The committee welcomed new chair Dr Zahid Nawaz in September 2024.

The Professional Standards Authority (PSA) confirmed that UKCP is complying with its new EDI Standard too. UKCP also successfully passed its annual overall review with the PSA, confirming the organisation is meeting the PSA’s high standards.

Collecting data on diversity to improve UKCP services

To best serve and support UKCP members and to meet its public sector equality duties, the organisation needs to know what its membership looks like. This is why UKCP conducted the first of what will be an annual data collection of essential metrics from members in 2023. UKCP will track this information on a yearly basis to better understand the make-up of its membership.

Key highlights from the 2023 report include that:

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Improving customer service

UKCP's membership team continued to work hard to improve customer services with regular monitoring of call responses and email communications to ensure effective and efficient member support. There was a 498% increase in percentage of calls answered during our renewal period, with over 1,100 calls handled.

Bursary funding for students and trainees

Training to be a psychotherapist or psychotherapeutic counsellor is costly. UKCP bursaries help people who need support to join the profession because of their personal circumstances and/or because they come from underrepresented groups. In 2024, UKCP received 129 applications for its annual bursary and made 51 awards each worth £750.

Maintaining standards of excellence

UKCP’s goal is to protect the public by making sure everyone on its register meets its professional standards, at the same time making sure its register meets national accreditation requirements. UKCP also wants to continue setting high standards in the way it governs and organises itself.

Making sure UKCP members offer the highest quality psychotherapy

To ensure members provide excellent standards of psychotherapy and psychotherapeutic counselling, UKCP ran a variety of quality assurance processes in 2023-24.

These included auditing 225 individual psychotherapists on the national register, chosen at random, in 2024. UKCP also reviewed 16 of its organisational members, two new training programmes and three applicant organisations in the 2023-24 financial year to ensure they were working to the highest standards.

Managing complaints effectively

A crucial part of UKCP’s work is responding to and learning from complaints about psychotherapists and psychotherapeutic counsellors on its register. This helps protect the public and maintain confidence in the psychotherapeutic profession.

In 2023-24, UKCP received and managed 58 formal complaints against its members through its complaints and conduct process (out of 9,116 therapists on its register, on average). It held eight interim suspension order hearings concerning seven registrants. It also convened nine adjudication panel hearings in relation to seven registrants and one appeal hearing. Most hearings continued to take place online as it is more cost-effective and efficient.

The Learning from Complaints webinar event, organized by UKCP, was reinstated in June 2024. It aimed to support UKCP members to learn more about the UKCP complaints process, and how to maintain good practice and avoid complaints.

Reviewing standards of training

UKCP’s Education, Training and Practice Committee (ETPC) continued to review and standardise the organisation’s Standards of Education and Training (SETs). These SETs outline the minimum requirements all psychotherapists and psychotherapeutic counsellors must meet to be a member of UKCP, helping maintain excellent standards in the profession.

For example, the ETPC has been working on revising UKCP’s supervision statement and standards in 2023-24, so they more clearly articulate the process and responsibilities around supervision. These are likely to be published in 2024-25.

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Making UKCP a great place to work and saving on costs

The COVID-19 pandemic changed working culture and practices throughout the UK. In 2023-24, UKCP implemented changes to ensure that staff remain motivated, content, healthy, and productive.

UKCP has now fully embedded flexible working across the organisation. By prioritising mental health and wellbeing in its culture, the organisation has created a healthier workplace with better work-life balance and different ways of working to support team productivity.

With changes in working and management practices, UKCP retained more staff – and their experience – compared to last year. The organisation is committed to developing and retaining an experienced team to ensure continuity and expertise. Regular team, project and all-staff meetings are held in person to share knowledge, connect with colleagues and foster collaboration across departments.

In June 2024, following a consultation period with staff and committee members, UKCP moved to a new office on Pentonville Road near King’s Cross, which is smaller to accommodate more hybrid ways of working. Robust project governance and strong leadership ensured that the project was delivered on time and realised cost savings on our accommodation expenses.

All this work is helping UKCP save on costs, so members’ fees are used as efficiently as possible for their and the public benefit. By downsizing the office to premises more suitable for the organisation’s needs, UKCP is aiming to save £150,000 per year. After appointing an HR manager in October 2023, UKCP also streamlined its recruitment processes, saving over 30% in recruitment costs.

Withdrawal from MoU on Conversion Therapy in the UK

The UKCP Board of Trustees reached a decision to withdraw from the MoU on Conversion Therapy. A full statement on the reasons for withdrawal was published on the UKCP website.

Board of Trustees removal election

UKCP’s articles of association state that a removal election can be held following a petition from two percent of the members. A petition was organised by Therapists Against Conversion Therapy and Transphobia (TACTT) in response to the Board of Trustee’s decision to withdraw UKCP’s signature from the Memorandum of Understanding on Conversion Therapy in the UK v2 (MoU) and its membership of the Coalition Against Conversion Therapy.

In the election, 79.29% of votes were cast in favour of retaining the current Board. The UKCP Board of Trustees will continue in their positions following the conclusion of the removal election.

Collaborating for success

UKCP aims to develop existing external collaborations and actively seek new ones to achieve a more powerful voice to promote psychotherapy and psychotherapeutic counselling.

Taking part in coalitions as the voice of psychotherapy

Working together with other organisations means UKCP can amplify its messages and have a greater impact. Through several coalitions and working groups, UKCP continued to collaborate with other organisations as the voice of psychotherapy.

In 2023-24, UKCP was part of coalitions including:

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

We also attended the in-person annual report of the Health Devolution Commission in September 2024. We heard from Andrew Gwynne, Minister for Public Health, on the new government’s plans for how local-level services can support the larger goal of improving health and reducing inequalities. Attending in-person parliamentary events allows the policy team to network with policymakers and sector partners, as well as engage in topics relevant to improving mental health across the UK.

Collaborating to promote high standards

UKCP is committed to working on first-class standards for the psychotherapy profession, for the benefit of the public. Since 2016, it has been working with sector partners who also operate registers for professionals in the psychotherapy and counselling field, on a shared, evidence-based competence framework detailing the core competences and practice standards for counsellors and psychotherapists who work with adults. Last year the Scope of Practice and Education for the Counselling and Psychotherapy Professions (SCoPEd) framework was adopted by all partners involved.

In 2024, UKCP and its SCoPEd partners worked to update the partnership’s governance structures. This included forming a CEO Board, which now leads the strategic direction of the partnership and ensures the framework continues to evolve in alignment with the needs of the profession and the public. Dedicated delivery and communications groups were also set up to oversee the framework’s implementation and outreach.

Leading on quality assurance for the NHS

UKCP also promoted excellent standards in psychotherapy through its work with the NHS Talking Therapies for Anxiety and Depression three-year pilot scheme. The scheme provides fully funded training for students to qualify as psychotherapeutic counsellors while training in NHS talking therapies services across the country.

Working in collaboration with the Partnership of Counselling and Psychotherapy Bodies, UKCP is the scheme’s lead accrediting body, and has put in place a rigorous assessment framework detailing standards training courses must meet.

In 2024, UKCP carried out its second annual full review of the scheme. Its assessment teams attended two-day, in-person visits to each of the three training providers. The assessment teams then created reports detailing areas of good practice, and requirements and recommendations for improvement.

One of the pilot’s aims is to diversify the psychotherapy and counselling workforce. In May 2024, UKCP published a demographic report looking at whether this was the case. Findings suggested that those taking part in the pilot were more diverse in terms of age and ethnicity than UKCP’s current membership and the NHS talking therapies workforce. There was also feedback that the programme offered the opportunities to people that would not otherwise have been able to enrol on psychotherapeutic counselling training.

Developing new regulatory guidelines on conversion practices

UKCP continued its efforts to end the unethical and harmful practice of conversion therapy – trying to change a person’s sexual orientation or suppress their gender identity.

UKCP started work on developing new regulatory guidance on conversion practices. Working closely with our partners in the psychotherapy and counselling sectors, UKCP is striving to create guidelines for practitioners. This will help make sure all practitioners are informed about ethical practices for all.

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Research

UKCP aims to carry out appropriate research and use the findings to promote psychotherapy and psychotherapeutic counselling, and inform its members’ training and development for the benefit of all.

Carrying out original research

UKCP’s research team carried out and published several pieces of original research in 2023-24 with the aim of educating and influencing key decision-makers. These included:

Sharing knowledge at the UKCP annual research conference

UKCP held its annual research conference in June 2024. Members presented their research, held workshops on different research themes and topics, and the UKCP research team shared their current projects.

At the conference, UKCP member Jessica Mann received the UKCP rising research award, while member Divine Charura received the UKCP outstanding research award. These awards aim to highlight remarkable researchers who are contributing to the psychotherapy evidence base.

Collaborating with the European Journal of Psychotherapy and Counselling

UKCP continued its affiliation with the European Journal of Psychotherapy and Counselling (EJPC) in 2023-24. Alongside providing UKCP members with free access to the journal and a chance to write and review articles, EJPC and UKCP collaborated on a special issue on ‘The Individual and Society’.

UKCP and EJPC also worked together to launch a new trainee/student essay prize, giving trainees, students and newly qualified practitioners an exceptional opportunity to have their dissertations, coursework or essays published in the journal.

Collaborative research with York St John University

UKCP collaborated on a research project with York St John University (YSJ) to examine routine outcome measures in talking therapies. UKCP is honoured to have contributed to the project's foundational stages and anticipates the progression of the research as YSJ and the British Association for Counselling and Psychotherapy (BACP) lead it into subsequent phases.

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Plans for the future

Developing new work

2024-25 will see an exciting programme of new and pivotal initiatives as the new three-year UKCP strategy launches. These include:

Policy manifesto

The general election and change in government has been a crucial opportunity for UKCP to engage with new policymakers and highlight top policy priorities. The priorities were developed by consulting with members through a survey and webinar, to ensure the priorities are advocating on what matters to them.

Supporting new members

Following the launch of student and trainee welcome packs this year, UKCP is now aiming to create and deliver a welcome pack for full clinical members and a version for members who become direct members.

Improving our social media strategy

UKCP aims to complete a full review of its social media in 2024/2025. The review is examining what opportunities the organisation could explore on its social media platforms and what audiences it is looking to target and engage.

Continuing collecting member diversity data

UKCP collected data about the diversity of its membership for the first time in 2023, and again in 2024, helping the organisation understand who its members are and what they need. UKCP will publish a report with the results, including comparisons to the previous year.

Organising the first in-person UKCP Conference since 2019

UKCP has organised its first in-person conference since 2019. In November 2024, attendees enjoyed a full day of clinical content exploring the theme of Psychotherapy in a Changing World and what this means for psychotherapy practice.

Campaigning to update the NICE guideline on anxiety for adults

UKCP has been conducting research to inform a campaign for the National Institute for Health and Care Excellence (NICE) to update its guideline on generalised anxiety disorder and panic disorder in adults.

Currently, these guidelines do not recommend any high-intensity therapies other than cognitive behavioural therapy and relaxation therapy. UKCP strongly advocates for patient choice and improved access to evidencedbased therapies in the NHS. As part of this, it plans to work with policymakers and sector partners in 2024/2025 to encourage an update of these guidelines.

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Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Implementing a governance review

In August 2024, UKCP asked its lawyers to give legal advice on its articles of association, byelaws and standing orders. The organisation will begin a consultation with members on possible changes to its constitutional documents in 2025.

Financial reports

Financial review

The attached Statement of Financial Activities and Balance Sheet provide the results of our operations for the 12 months from 1 October 2023 to 30 September 2024. Income for the year to September 2024 was £3,007k (up 10%) compared to £2,735k in 2023. Total expenditure was £2,907k (up 3.5%) compared to £2,809k in 2023.

The majority of the charity’s income is from membership fees (£2,909k in 2024 and £2,648k in 2023). The trustees recognise that the charity’s reliance on this sole source of income makes the charity vulnerable to unforeseen fluctuations in membership. As a consequence, the trustees have tasked the management team with exploring non-membership fee sources of revenue. The trustees take this factor into account in setting levels of reserves to be held and in putting appropriate strategic priority to maintaining and growing membership.

The Complaints and Conduct Process (CCP) is a Designated Fund. The number of cases heard each year fluctuates; cases planned for the following year are taken into account in the budget-setting model. Costs are monitored closely and managed accordingly; there continue to be savings as a result of hearings being held online. Processes are under constant review to ensure we contain costs as far as practicable. A provision is made for the potential cost of cases accepted but not heard at year end.

Two new designated funds have been created.

The Membership Engagement Fund has been established to enhance the overall member experience, including focusing on the creation of an improved website, development of a dedicated members' area and a review of our customer relationship management (CRM) system to improve its efficiency. These enhancements are intended to improve engagement, streamline interactions and provide an enhanced, more personalised experience for members and the public. An initial amount of £100k has been transferred to the fund.

The Innovation Fund has been established to support the creation of non-membership income initiatives, the development of continuing professional development (CPD) opportunities and the exploration of obtaining Chartered status for UKCP. An initial amount of £50k has been transferred to the fund.

It is a challenge to depict expenditure by activity as UKCP engages and collaborates with volunteers. Their work on committees, standards, registration, regulation and quality assurance are highly valued, but are not captured in the columns of figures in the financial statements. The Board of Trustees takes this opportunity to thank all those who have given time to UKCP for the advancement of psychotherapy and psychotherapeutic counselling.

Some volunteers are paid a token amount in recognition of the time they spend on UKCP business, including but not limited to, chairing and attending meetings and reviewing or writing documents and procedures. These amounts are in no way meant to reimburse them at market rates.

All trustees give their time voluntarily, with the exception of the chair as explained in note 12; out of pocket expenses of £7,203 were reclaimed from the charity this year.

Our balance sheet continues to reflect our stability with cash reserves in excess of our target. Current liabilities include deferred income of £2,254k (2023 £1,683k). This is membership income received in advance of the 2024/25 financial year; renewals were processed in September 2024 in order to provide members with their certificates on 1 October 2024.

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THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Investment policy and performance

The trustees’ investment policy was put in place to ensure that UKCP’s cash is invested in the most effective and secure manner.

The investment is held with Columbia Threadneedle Fund Management Limited. The investments paid out dividends of £5k during the year, a yield of 1.4%. The investments have been increasing in value over the years, with an unrealised gain of £55k in the current year.

Reserves policy and going concern

The key threat to our income is a drop in membership renewals and/or a reduction in new members joining. Membership renewals at 1 October 2023 achieved the target of 95% retention, and the number of new members joining during the year exceeded the target. This is positive for renewals in future years.

The trustees are, therefore, reasonably confident that income is secure. Much of UKCP’s expenditure is within the Board’s control. The Board is satisfied that there are no material uncertainties of which it is aware. The Board has a reasonable expectation that the charity will remain a going concern for at least 12 months from approving these accounts.

The charity’s income and expenditure are both highly predictable in timing and amounts. Reserves are calculated by reference to the risks the charity faces and the costs of aligning expenses with income if required, or to meet the risks of unplanned costs.

The trustees set reserves targets at the beginning of the financial year and monitor the actual results at each board meeting. The current reserves target for the general fund has been reduced to £351k (from £402k) as UKCP is no longer renting office space at 2 America Square. The target ensures funds are available to cover any outstanding licence fees and operational costs as well as ensuring staff are adequately remunerated should UKCP have to cease operations.

The free reserves at 30 September 2024 are £711k (2023: £565k) (general unrestricted funds less net book value of tangible fixed assets). The Board has created two designated funds with an initial transfer of £150k from the general reserve. The excess free reserves are being carried forward to the 2024/25 financial year. Management is working on plans to utilise these funds in the most effective way.

There were no restricted funds at year end (2023: nil).

The target for the Complaints and Conduct Process fund was increased to £74k (from £62k) as there is now an excess in the case of a judicial review. This is set taking account of potential litigation or risk and insurances held against these. Expenditure, other than operational costs, is dependent on the number of cases accepted and this varies from year to year. The budget setting process takes the number of cases accepted but not heard into account so reserves at the end of a financial year may be higher than the target to make allowance for expected future legal costs.

Page 13

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Related parties and relationships with other organisations

The charity is a membership organisation and has, in the ordinary course of its activities, transactions with its members individually and with groups of members in the colleges. Colleges are not separate legal entities, however they facilitate engagement and involvement with members.

Remuneration policy

The charity sets the pay of its staff and key management personnel using industry benchmarks, performance reviews and appraisals. UKCP has a Remuneration, Appointments and Performance Management Committee (RAPMC) which is responsible for reevaluating decisions to remunerate trustees, committee chairs and college personnel on an annual basis and report their findings to the UKCP Board of Trustees. The RAPMC is currently reviewing all contracts for services to ensure they are compliant with current legislation. The Board approves any annual increases and changes to the Chief Executive’s remuneration package, on recommendation of the RAPMC.

Fundraising

UKCP does not engage in public fundraising and does not use professional fundraisers or commercial participators. The charity nevertheless observes the relevant fundraising regulations and codes. During the year there was no non-compliance with these regulations and codes and the charity received no complaints relating to its fundraising practice.

Structure, governance and management

Constitution

The organisation is a charitable company limited by guarantee, incorporated on 30 September 1996 and registered as a charity on 8 October 1996.

The company was established under a memorandum of association which established the objects (see page 4) and powers of the charitable company and is governed under its articles of association.

Organisational structure and decision making

The Board of Trustees, which is responsible to UKCP members and the Charity Commission, oversees the fulfilment of our charitable objectives. A number of committees report to the Board.

On appointment, each trustee is asked to declare any conflicts of interest. They are also asked to update this declaration annually and at the start of each board meeting.

Trustees are given an induction pack outlining the roles and responsibilities of being a trustee as well as the Charity Commission’s ‘Charity trustee: what is involved’ (CC3a) and ‘The essential trustee: what you need to know’ (CC3). Any training needs for new trustees are actioned to help them carry out their role.

Risk management

Our Board reviews the risks facing UKCP on a biannual basis via a Risk Register. The register covers strategic, operational, financial, human resources, technological and reputational risks. The risks that have been identified are prioritised in terms of potential impact and likelihood of occurrence and the trustees confirm that systems or procedures are in place to mitigate significant risks. Risks are reviewed regularly by the Finance, Risk and Audit Committee with the support of the Senior Management Team, with a focus on strategic risks which may have the most impact on UKCP.

Page 14

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Risks that were closely monitored during the year were:

Page 15

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Statement of responsibilities of the trustees

The trustees (who are also directors of the United Kingdom Council for Psychotherapy for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They 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 other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Philippa Donovan Chair

Date: 14 March 2025

Page 16

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY

OPINION

We have audited the financial statements of The United Kingdom Council for Psychotherapy (the 'charity') for the year ended 30 September 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation 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 Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's 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 charitable company'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.

Page 17

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (CONTINUED)

OTHER INFORMATION

The other information comprises the information included in the 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.

OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken in the course of the audit:

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) 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 the Trustees 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 charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going

Page 18

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (CONTINUED)

concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

AUDITOR'S 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 Auditor's 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 is detailed below:

Our approach to identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the Charity’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we;

Page 19

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (CONTINUED)

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

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 Auditor's Report.

USE OF OUR REPORT

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's 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 charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Michael Hewett (Senior Statutory Auditor) for and on behalf of

Peters Elworthy & Moore Chartered Accountants Statutory Auditors Salisbury House Station Road Cambridge CB1 2LA

Date: 14 March 2025

Page 20

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Note
INCOME FROM:
Donations
4
Charitable activities:
5
Registration fees and subscriptions
Other trading activities
6
Investments
7
Other income
8
TOTAL INCOME
EXPENDITURE ON:
Charitable activities:
10
Improving access
Engaging better
Maintain standards of excellence
Collaborating for success
Research
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
BEFORE NET GAINS ON
INVESTMENTS
Net gains on investments
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
Net movement in funds
TOTAL FUNDS CARRIED FORWARD
Unrestricted
funds
2024
£
-
2,909,380
45,747
24,828
25,890
3,005,845
377,233
417,731
1,738,898
250,678
122,043
2,906,583
99,262
54,678
153,940
583,267
153,940
737,207
Restricted
funds
2024
£
736
-
-
-
-
736
736
-
-
-
-
736
-
-
-
-
-
-
Total
funds
2024
£
736
2,909,380
45,747
24,828
25,890
3,006,581
377,969
417,731
1,738,898
250,678
122,043
2,907,319
99,262
54,678
153,940
583,267
153,940
737,207
Total
funds
2023
£
1,753
2,648,387
37,829
17,990
28,621
2,734,580
363,915
375,484
1,679,555
239,804
150,414
2,809,172
(74,592)
11,210
(63,382)
646,649
(63,382)
583,267

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 24 to 45 form part of these financial statements.

Page 21

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee) REGISTERED NUMBER: 03258939

BALANCE SHEET AS AT 30 SEPTEMBER 2024

2024 2024 2023 2023
Note £ £
FIXED ASSETS
Tangible assets 18 26,537 18,298
Investments 19 356,504 301,826
383,041 320,124
CURRENT ASSETS
Debtors 20 235,447 220,757
Cash at bank and in hand 2,654,468 2,114,317
2,889,915 2,335,074
Creditors: amounts falling due within one
year 21 (2,443,609) (1,898,231)
NET CURRENT ASSETS 446,306 436,843
TOTAL ASSETS LESS CURRENT
LIABILITIES 829,347 756,967
Provisions for liabilities 22 (92,140) (173,700)
TOTAL NET ASSETS 737,207 583,267
CHARITY FUNDS
Unrestricted funds 23 737,207 583,267
TOTAL FUNDS 737,207 583,267

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Philippa Donovan Chair

Date: 14 March 2025

The notes on pages 24 to 45 form part of these financial statements.

Page 22

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY

(A Company Limited by Guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2024

Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash provided by operating activities
25
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends, interests and rents from investments
Purchase of tangible fixed assets
NET CASH (USED IN)/PROVIDED BY 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
26
The notes on pages 24 to 45 form part of these financial statements
2024
£
541,051
24,828
(25,728)
(900)
540,151
2,114,317
2,654,468
2023
£
1,420,263
17,990
-
17,990
1,438,253
676,064
2,114,317

Page 23

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. GENERAL INFORMATION

The United Kingdom Council for Psychotherapy is a charitable company limited by guarantee and is incorporated in the United Kingdom. The liability of each member in the event of winding up is limited to £1.

The registered office address and principal place of business is York House, 221 Pentonville Road, London, N1 9UZ.

The presentational and functional currency of the Charity is GBP.

2. ACCOUNTING POLICIES

2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

The United Kingdom Council for Psychotherapy 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.

In applying the financial reporting framework, the Trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

2.2 GOING CONCERN

The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. Further information is included in the Trustees' Annual Report.

Page 24

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES (CONTINUED)

2.3 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 the amount can be measured reliably.

Income from registration fees and subscriptions is recognised evenly over the registration year.

Income received in advance for the following year's fee is deferred.

Income from other trading activities is recognised as the advert is placed or event takes place.

Other income is recognised as the activity has occurred and the costs are recharged.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.4 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 institution with whom the funds are deposited.

2.5 FUND ACCOUNTING

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes.

2.6 EXPENDITURE

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:

Page 25

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES (CONTINUED)

2.6 EXPENDITURE (CONTINUED)

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Other expenditure represents those items not falling into any other heading

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

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

2.7 ALLOCATION OF SUPPORT AND GOVERNANCE COSTS

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Where information about the aims, objectives and projects of the Charity is provided to potential beneficiaries, the costs associated with this publicity are allocated to charitable expenditure.

Improving access
Engaging better
Maintain standards of excellence
Collaborating for success
Research
Governance costs
2024
%
12
13
54
8
4
9
100
2023
%
12
12
54
8
5
9
100

Governance costs are the costs associated with the governance arrangements of the Charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the Charity’s activities. These are apportioned over each area of activity in proportion of the total costs of that activity.

Page 26

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES (CONTINUED)

2.8 TANGIBLE FIXED ASSETS AND DEPRECIATION

Items of equipment are capitalised where the purchase price exceeds £1,500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. Major components are treated as a separate asset where they have significantly different patterns of consumption of economic benefits and are depreciated separately over its useful life.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the Balance Sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life.

Depreciation is provided on the following bases:

Short-term leasehold property - Over life of the lease - Furniture and fittings 25% pa reducing balance Furniture and fittings held under - Term of the lease finance leases - Office equipment 25% pa reducing balance - Computer equipment 20 - 25% pa straight line

2.9 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. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading “Net gains/(losses) on investments” in the Statement of Financial Activities. The Charity does not acquire put options, derivatives or other complex financial instruments.

2.10 DEBTORS

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

2.11 CASH AT BANK AND IN HAND

Cash at bank and 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.

Page 27

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES (CONTINUED)

2.12 LIABILITIES AND PROVISIONS

Liabilities and provisions are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.13 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.

2.14 PENSIONS

The Charity contributes to personal pension plans of its employees. The pension charge represents the amounts payable by the Charity to such plans in the financial year.

3. CRITICAL ACCOUNTING ESTIMATES AND AREAS OF JUDGEMENT

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

Page 28

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. INCOME FROM DONATIONS

Restricted
funds
2024
£
UKCP Bursary Fund
736
TOTAL 2023
1,753
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
funds
2024
£
Registration fees and subscriptions
2,909,380
TOTAL 2023
2,648,387
Total
funds
2024
£
736
1,753
Total
funds
2024
£
2,909,380
2,648,387
Total
funds
2023
£
1,753
Total
funds
2023
£
2,648,387

5. INCOME FROM CHARITABLE ACTIVITIES

6. INCOME FROM OTHER TRADING ACTIVITIES

Income from charitable trading activities

Unrestricted
funds
2024
£
Advertising income
37,228
Conferences and events
6,423
Other income
196
Proceeds on sale of fixed assets
1,900
45,747
TOTAL 2023
36,601
Restricted
funds
2024
£
-
-
-
-
-
1,228
Total
funds
2024
£
37,228
6,423
196
1,900
45,747
37,829
Total
funds
2023
£
35,651
1,228
950
-
37,829

Page 29

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. INVESTMENT INCOME

Unrestricted
funds
2024
£
Investment income
5,362
Interest income
19,466
24,828
TOTAL 2023
17,990
Total
funds
2024
£
5,362
19,466
24,828
17,990
Total
funds
2023
£
5,132
12,858
17,990

8. OTHER INCOMING RESOURCES

Recovery of partnership expenses
TOTAL 2023
ANALYSIS OF GRANTS
Bursaries
TOTAL 2023
Unrestricted
funds
2024
£
25,890
28,621
Grants to
Individuals
2024
£
37,500
36,000
Total
funds
2024
£
25,890
28,621
Total
funds
2024
£
37,500
36,000
Total
funds
2023
£
28,621
Total
funds
2023
£
36,000

9. ANALYSIS OF GRANTS

Bursaries represents 50 (2023 48) grants to individuals of £750 each.

Page 30

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

10. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

Summary by fund type

Unrestricted
funds
2024
£
Improving access
377,233
Engaging better
417,731
Maintain standards of excellence
1,738,898
Collaborating for success
250,678
Research
122,043
2,906,583
TOTAL 2023
2,806,191
Restricted
funds
2024
£
736
-
-
-
-
736
2,981
Total
2024
£
377,969
417,731
1,738,898
250,678
122,043
2,907,319
2,809,172
Total
2023
£
363,915
375,484
1,679,555
239,804
150,414
2,809,172

11. ANALYSIS OF EXPENDITURE BY ACTIVITIES

Improving access
Engaging better
Maintain standards of
excellence
Collaborating for success
Research
TOTAL 2023
Activities
undertaken
directly
2024
£
304,929
378,452
1,575,388
227,107
110,567
2,596,443
2,516,491
Grant
funding of
activities
2024
£
37,500
-
-
-
-
37,500
36,000
Support
(including
governance
) costs
2024
£
35,540
39,279
163,510
23,571
11,476
273,376
256,681
Total
funds
2024
£
377,969
417,731
1,738,898
250,678
122,043
2,907,319
2,809,172
Total
funds
2023
£
363,915
375,484
1,679,555
239,804
150,414
2,809,172

Grant funding activites for 2023 have been reclassified from activities undertaken directly.

Page 31

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

ANALYSIS OF DIRECT COSTS

Operational staff costs (excl. CCP staff costs)
Premises and other operational costs
Committees and Board of Trustees
Governance and membership administration
Colleges
Research
Complaints and conduct process (incl. staff
costs)
Communications
Improving
access
2024
£
144,383
65,900
2,345
31,257
1,395
-
29,991
29,991
Engaging
better
2024
£
186,713
85,230
2,345
31,257
1,395
-
29,991
41,521
Maintain
standards
of
excellence
2024
£
608,261
277,657
14,070
109,398
8,372
-
539,835
17,795
Collaborating
for success
2024
£
130,892
59,749
2,345
15,628
698
-
-
17,795
227,107
218,066


Research
2024
£
61,596
28,117
1,172
-
698
7,121
-
11,863
110,567
136,778
Total
funds
2024
£
1,131,844
516,653
22,277
187,540
12,558
7,121
599,817
118,632
2,596,443
2,516,491
Total
funds
2023
£
1,022,902
511,041
11,646
169,403
4,285
19,865
615,707
161,642
2,516,491
304,929 378,452 1,575,388
292,901 341,446 1,527,300

Page 32

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

ANALYSIS OF SUPPORT COSTS

Operational staff costs (excl. CCP staff costs)
Premises and other operational costs
Committees and Board of Trustees
Governance and membership administration
Colleges
Improving
access
2024
£
13,013
5,940
152
16,254
181
Engaging
better
2024
£
14,382
6,565
168
17,964
200
Maintain
standards
of
excellence
2024
£
59,867
27,328
701
74,780
834
Collaborating
for success
2024
£
8,630
3,940
101
10,780
120
21,738
21,738
Research
2024
£
4,202
1,918
49
5,248
59
13,636
13,636
Total
funds
2024
£
100,094
45,690
1,172
125,027
1,395
272,378
256,681
Total
funds
2023
£
93,646
49,011
613
112,934
477
35,014 34,038 152,255 256,681
35,014 34,038 152,255

Page 33

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

12. NET INCOME/(EXPENDITURE) FOR THE YEAR

2024 2023
£ £
Depreciation (owned by the charity) 6,470 8,278
Operating lease rentals 211,903 199,702
Fees payable to the charity's auditor in respect of:
Preparation of statutory financial statements 2,000 1,650
Audit of the charity's annual accounts (excluding VAT) 16,500 11,250

13. TRUSTEES' REMUNERATION AND EXPENSES

During the year, honoraria were paid to the following Trustees of the Charity:

2024 2023
£ £
Syed Azmatullah - 667
Christian Buckland 5,618 5,491
Joanna Lucas - 2,000

Payment of the chair's honorarium had previously been agreed by the Charity Commission. No further honorariums are to be paid without prior agreement with the Charity Commission.

Members and Trustees receive reimbursement for travel expenditure whilst on Charity business which are all part of the normal course of business. During the year ended 30 September 2024, expenses totalling £7,203 were reimbursed or paid directly to 7 Trustees (2023 - £3,472 to 8 Trustees).

Page 34

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

14. ANALYSIS OF STAFF COSTS AND THE COST OF KEY MANAGEMENT PERSONNEL

Staff costs were as follows:

Salaries and wages
Social security costs
Employer pension contributions
Temporary staff costs
2024
£
1,294,563
144,405
112,785
-
1,551,753
2023
£
1,233,195
121,961
113,393
3,696
1,472,245

Of the £1,551,753 staff costs (2023: £1,468,549), £439,006 (2023: £432,731) relates to the Complaints and Conduct Process Designated Fund.

During the year, termination payments amounting to £2,574 were paid to one employee (2023: none).

The following number of employees received employee benefits in excess of £60,000 (excluding employer national insurance and employer pension contributions) during the year between:

2024 2023
£60,000 - £69,999 2 1
£70,000 - £79,999 1 1
£90,000 - £99,999 1 -

The total employee benefits (including employer national insurance and employer pension contributions) of the key management personnel (as listed on page 1) were £398,567 (2023: £299,659).

15.

STAFF NUMBERS

The average number of employees (headcount based on number of staff employed) during the year was as follows:

Professional and other services
Administration
2024
£
29
2
31
2023
£
30
2
32

Page 35

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

16. RELATED PARTY TRANSACTIONS

During the year, honorarium payments were made to one Trustee of the Charity. This is disclosed in note 13 to these accounts.

Some members are paid a token amount for specific pieces of work undertaken on behalf of the Charity, although these amounts are in no way meant to reimburse them at market rates. There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

During the year, C Young did not receive speaker fees (2023: £75).

17. TAXATION

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

Page 36

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

18. TANGIBLE FIXED ASSETS

COST OR VALUATION
At 1 October 2023
Additions
Disposals
At 30 September 2024
DEPRECIATION
At 1 October 2023
Charge for the year
On disposals
At 30 September 2024
NET BOOK VALUE
At 30 September 2024
At 30 September 2023
Short-term
leasehold
property
£
181,980
-
(181,980)
-
181,980
-
(181,980)
-
-
-
Furniture,
fittings and
equipment
£
99,284
25,728
(99,284)
25,728
84,593
4,746
(88,265)
1,074
24,654
14,691
Computer
equipment
£
39,396
-
(24,335)
15,061
35,789
1,724
(24,335)
13,178
1,883
3,607
Total
£
320,660
25,728
(305,599)
40,789
302,362
6,470
(294,580)
14,252
26,537
18,298

All of the above assets are used for charitable purposes.

Page 37

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

19. FIXED ASSET INVESTMENTS

VALUATION
At 1 October 2023
Revaluations
AT 30 SEPTEMBER 2024
Investments comprise:
UK common investment funds
Historic cost
DEBTORS
Trade debtors
Other debtors
Prepayments and accrued income
2024
£
356,504
2024
£
200,000
2024
£
2,461
39,236
193,750
235,447
Listed
investments
£
301,826
54,678
356,504
2023
£
301,826
2023
£
200,000
2023
£
24,156
18,558
178,043
220,757

20. DEBTORS

Page 38

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

21. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 October 2023
Income deferred during the year
Amounts released from previous periods
2024
£
61,354
37,270
19,553
2,325,432
2,443,609
2024
£
1,683,091
2,254,029
(1,683,091)
2,254,029
2023
£
90,784
36,173
28,447
1,742,827
1,898,231
2023
£
118,433
1,683,091
(118,433)
1,683,091

Deferred income relates to 2024/25 membership income received in advance and conference income relating to 24/25 (£3,725).

22. PROVISIONS

At 1 October 2023
Amounts used
Amounts reversed
Dilapidations
£
75,000
(75,000)
-
-
Legal costs
£
98,700
-
(6,560)
92,140
Total
£
173,700
(75,000)
(6,560)
92,140

The provision for dilapidations represented the Trustees' best estimate of the costs required to put 2nd Floor (East), 2 America Square, London, EC3 into the physical state required by the covenants and obligations contained within the lease. All obligations under the lease were settled during the year.

The provision for legal costs represents the potential case costs in respect of dealing with complaints.

Page 39

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

23. STATEMENT OF FUNDS

STATEMENT OF FUNDS - CURRENT YEAR

UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
UKCP Bursary Fund
Complaints and
Conduct Process
Membership
engagement fund
Innovation fund
GENERAL FUNDS
General Fund
TOTAL
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
UKCP Bursary Fund
TOTAL FUNDS
UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
UKCP Bursary Fund
Complaints and
Conduct Process
Membership
engagement fund
Innovation fund
GENERAL FUNDS
General Fund
TOTAL
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
UKCP Bursary Fund
TOTAL FUNDS
Balance at 1
October
2023
£
1,753
62,905
-
-
64,658
518,609
583,267
-
583,267
Balance at 1
October
2023
£
1,753
62,905
-
-
64,658
518,609
583,267
-
583,267
Income
£
-
-
-
-
-
3,005,845
3,005,845
736
3,006,581
Income
£
-
-
-
-
-
3,005,845
3,005,845
736
3,006,581
Expenditure
£
(36,780)
(599,817)
-
-
(636,597)
(2,269,986)
(2,906,583)
(736)
(2,907,319)
Expenditure
£
(36,780)
(599,817)
-
-
(636,597)
(2,269,986)
(2,906,583)
(736)
(2,907,319)
Transfers
in/out
£
36,000
645,000
100,000
50,000
831,000
(831,000)
-
-
-
Transfers
in/out
£
36,000
645,000
100,000
50,000
831,000
(831,000)
-
-
-
Gains/
(Losses)
£
-
-
-
-
-
54,678
54,678
-
54,678
Balance at
30
September
2024
£
973
108,088
100,000
50,000
259,061
478,146
737,207
-
737,207
-
- - -
583,267 3,006,581 (2,907,319) - 54,678

Page 40

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

23. STATEMENT OF FUNDS (CONTINUED)

Purposes of restricted funds

The UKCP Bursary is a fund created to support those studying and training to be psychotherapists and psychotherapeutic counsellors and who may need financial assistance. Donations have been received from members and the general public. Direct costs are attributed to the fund.

Purposes of designated funds

The Complaints and Conduct Process designated fund is funded from membership subscriptions and the general fund. The fund is used to cover the costs of operating the Complaints and Conduct department and any related expenses. Funds are transferred from general reserves to cover expenses during the year.

The UKCP Bursary is a fund created to support those studying and training to be psychotherapists and psychotherapeutic counsellors and who may need financial assistance. Funds not awarded are carried forward to future years.

The Membership Engagement Fund has been established to enhance the overall member experience, including focusing on the creation of an improved website, development of a dedicated members' area anda review of our customer relationship management (CRM) system to improve its efficiency. These enhancements are intended to improve engagement, streamline interactions and provide an enhanced, more personalised experience for members and the public.

The Innovation Fund has been established to support the creation of non-membership income initiatives, the development of continuing professional development (CPD) opportunities and the exploration of obtaining Chartered status for UKCP.

Page 41

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

23. STATEMENT OF FUNDS (CONTINUED)

STATEMENT OF FUNDS - PRIOR YEAR

UNRESTRICTED
FUNDS
DESIGNATED
FUNDS
UKCP Bursary Fund
Complaints and
Conduct Process
GENERAL FUNDS
General Fund
TOTAL
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
UKCP Bursary Fund
TOTAL FUNDS
Balance at
1 October
2022
£
-
74,612
74,612
572,037
646,649
-
646,649
Income
£
-
604,000
604,000
2,127,599
2,731,599
2,981
2,734,580
Expenditure
£
(34,247)
(615,707)
(649,954)
(2,156,237)
(2,806,191)
(2,981)
(2,809,172)
Transfers
in/out
£
36,000
-
36,000
(36,000)
-
-
-
Gains/
(Losses)
£
-
-
-
11,210
11,210
-
11,210
Balance at
30
September
2023
£
1,753
62,905
64,658
518,609
583,267
-
583,267

Page 42

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

24. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT PERIOD

Unrestricted
funds
2024
£
Tangible fixed assets
26,537
Fixed asset investments
356,504
Current assets
2,889,915
Creditors due within one year
(2,443,609)
Provisions for liabilities and charges
(92,140)
TOTAL
737,207
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR PERIOD
Unrestricted
funds
2023
£
Tangible fixed assets
18,298
Fixed asset investments
301,826
Current assets
2,335,074
Creditors due within one year
(1,898,231)
Provisions for liabilities and charges
(173,700)
TOTAL
583,267
Total
funds
2024
£
26,537
356,504
2,889,915
(2,443,609)
(92,140)
737,207
Total
funds
2023
£
18,298
301,826
2,335,074
(1,898,231)
(173,700)
583,267

Page 43

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

25. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the year (as per Statement of Financial
Activities)
ADJUSTMENTS FOR:
Depreciation charges
Gains on investments
Dividends, interests and rents from investments
Loss on the sale of fixed assets
Increase in debtors
Increase in creditors
Decrease in provisions
NET CASH PROVIDED BY OPERATING ACTIVITIES
2024
£
153,940
6,470
(54,678)
(24,828)
11,019
(14,690)
545,378
(81,560)
541,051
2023
£
(63,382)
8,278
(11,210)
(17,990)
-
(67,423)
1,588,790
(16,800)
1,420,263

26. ANALYSIS OF CASH AND CASH EQUIVALENTS

Cash in hand
27.
ANALYSIS OF CHANGES IN NET DEBT
Cash at bank and in hand
At 1
October
2023
£
2,114,317
2,114,317
2024
£
2,654,468
Cash flows
£
540,151
540,151
2023
£
2,114,317
At 30
September
2024
£
2,654,468
2,654,468

Page 44

Docusign Envelope ID: 809DCDE4-C0E1-4D1E-A685-D8B35A979B47

THE UNITED KINGDOM COUNCIL FOR PSYCHOTHERAPY (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

28. OPERATING LEASE COMMITMENTS

At 30 September 2024 the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

Land and buildings
Not later than 1 year
Other
Not later than 1 year
Later than 1 year and not later than 5 years
TOTAL OPERATING LEASE COMMITMENTS
2024
£
112,710
462
1,848
2,310
115,020
2023
£
176,564
1,837
-
1,837
178,401

Page 45