Charity registration number 1064125
Company registration number 03407375 (England and Wales)
THE LEICESTER COUNSELLING CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE LEICESTER COUNSELLING CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees K Hoggett A Priest N Chauhan L Hackett S Joosub V Purdy A Sullivan (Appointed 10 June 2024) Secretary H Cooper Charity number 1064125 Company number 03407375 Registered office No. 1 Lodge and principal address Victoria Park London Road Leicester LE1 7RY Independent examiner Philip John Dymond FCCA Cheyettes Ltd 167 London Road Leicester LE2 1EG
THE LEICESTER COUNSELLING CENTRE
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 - 7 |
| Notes to the financial statements | 8 - 16 |
THE LEICESTER COUNSELLING CENTRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (issued in October 2019).
Objectives and activities
The charity was established to benefit the community, particularly Leicestershire and Rutland, by promoting the protection, preservation and education of good health.
Specifically, the charity seeks to relieve and prevent suffering caused by mental or physical ill-health, or by social or economic circumstances by providing and developing a confidential counselling service in addition to education, training and support for counselling as well as developing counselling resources in any charitable manner determined by the trustees.
The main aims for the year continued to be the provision of counselling based at the charity's central office at Victoria Park in Leicester together with the operation of satellites in the county whenever possible.
The trustees have considered the general guidance issued by the Charity Commission on public benefit and have ensured that the charity's programmes are undertaken in line with the charitable objects and aims as set out herein.
Achievements and performance
The Leicester Counselling Centre has had a positive year, building upon the success of last year in responding to the growing demand for its counselling service. It has achieved over 50% increase in service delivery from the previous year, which has been made possible by a successful effort to strengthen the volunteer team. This has included an ongoing commitment to recruiting new volunteers, both trainees on placement and qualified counsellors, and also through the expansion of the Qualified Counsellor Payment Scheme that remunerates qualified and experienced counsellors for increasing their caseload at the Centre. This has contributed to keeping expertise and experience within the volunteer team, and also enabled us to accommodate the growing complexity that we are noticing within the referrals being received. A small stream of remote counselling has also continued, having recognised the benefits of reaching those individuals who face barriers to accessing our City Centre premises. We are incredibly proud to have appointed one of the original founders of the Leicester Counselling Centre as our Patron this year, and warmly welcome back therapist, supervisor and well-known author, Michael Jacobs. The Centre has maintained an excellent relationship with the City Council, and we are delighted that our funding was renewed in 2023 and now runs until 2025. We were also grateful for a second grant of £20,000 from NHS England, Getting Help in Neighbourhoods – Mental Health Fund, which will contribute towards operations into 2025. This year we have also reestablished our partnership with Leicestershire Police Federation and are proud to be offering immediate short-term support to service personnel and their families across Leicester, Leicestershire and Rutland.
Financial review
The attached financial statements demonstrate a level of reserves at the end of the year which the trustees consider to be sufficient to secure the funding of the Centre and enable client work to be completed, given that it is necessary to allow up to one year of counselling for each client. The Statement of Financial Activities shows net expenditure of £2,246 (2023 - net income £9,139) and at 31st March 2024 the total reserves of the charity were £208,637 (2023 - £210,883).
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THE LEICESTER COUNSELLING CENTRE
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024
The Leicester Counselling Centre is a long-standing charity with some established income sources. It benefits from a healthy level of unrestricted funds, which have accumulated gradually over a number of years. However, it is also somewhat dependent on a high-risk source of income from Leicester City Council, which may not be renewed in the future. The operational significance of its committed expenditure is also high, meaning that loss of income will have a significant impact on the Centre’s day to day activities. The Trustees have therefore introduced a formal Reserves Policy that currently designates £115,500 (approximately 9 months service delivery costs and staff redundancy) to mitigate exposure to the major risks. A further £25,000 has been designated for potential dilapidations work to the building in accordance with the requirements of the lessor, Leicester City Council.
At the end of the year, restricted funds were £20,000 (2023 - £20,000) and free reserves were £48,137 (2023 - £50,383). All such reserves are held for the furtherance of the charity's objects as set out in this report.
The principal sources of funds remained voluntary contributions donated by clients and local authority grants.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Plans for future periods
Looking ahead, we remain committed to further expanding our service provision in line with rising demand. This will include recruiting additional assessors and volunteer counsellors, as well as making better use of our existing resources. We are currently exploring our options to open the centre on additional evenings per week, expanding from the one evening that we currently offer, eventually to four evenings per week. Not only will this accommodate additional counsellors, making more room space available, but it will also meet the needs of clients who may be in full time employment or have childcare or caring responsibilities that would otherwise present challenges to attending. We remain committed to making counselling available to all, including offering appointment times that promote and accommodate the continuation of everyday activities such as education or employment, and thus preventing mental health becoming a barrier to living full lives.
Structure, governance and management
The charity is a company limited by guarantee with no share capital, incorporated on 23 July 1997 and is governed by its Memorandum and Articles of Association.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
M Anastasiades (Resigned 12 February 2024) K Hoggett A Priest N Chauhan L Hackett S Joosub V Purdy A Sullivan (Appointed 10 June 2024)
The trustees are elected at the charity's Annual General Meeting. Trustees may also be co-opted by the Executive Committee during the year. No trustee may hold the same officer post for a continuous period of more than 6 years.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The business of the charity is managed by the Executive Committee which meets monthly or bimonthly, depending on matters arising, and is made up of the trustees of the charity.
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THE LEICESTER COUNSELLING CENTRE
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2024
The daily operation of the organisation is undertaken by trained volunteers together with paid members of staff. Specifically, the day to day running of the Centre is delegated to an on-site officer; this position was held by Hannah Cooper.
New trustees receive an induction pack which fully explains their responsibilities and obligations under charity and company law, a copy of the Memorandum and Articles of Association, details of the financial position of the charity, together with information about meetings they will be required to attend and the format of such meetings. In addition, training is made freely available by the charity to all new trustees and is provided by an external organisation.
This report has been prepared having taken advantage of the small companies exemption in the Companies Act 2006.
The trustees' report was approved by the Board of Trustees.
N Chauhan
Trustee Dated: 17 September 2024
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THE LEICESTER COUNSELLING CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE LEICESTER COUNSELLING CENTRE
I report to the trustees on my examination of the financial statements of The Leicester Counselling Centre (the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Philip John Dymond FCCA
Cheyettes Ltd 167 London Road Leicester LE2 1EG
Dated: 17 September 2024
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THE LEICESTER COUNSELLING CENTRE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
| Unrestricted Restricted funds funds 2024 2024 Notes £ £ Income and endowments from: Donations and legacies 2 73,298 36,622 Investments 3 2,189 - Other income 4 924 - Total income 76,411 36,622 Expenditure on: Charitable activities 5 78,657 36,622 Net (expenditure)/income for the year/ Net movement in funds (2,246) - Fund balances brought forward 190,883 20,000 Fund balances carried forward 188,637 20,000 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 109,920 75,721 20,000 2,189 780 - 924 571 - 113,033 77,072 20,000 115,279 87,933 - (2,246) (10,861) 20,000 210,883 201,744 - 208,637 190,883 20,000 |
Total 2023 £ 95,721 780 571 |
|---|---|---|
| 97,072 | ||
| 87,933 | ||
| 9,139 201,744 |
||
| 210,883 |
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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THE LEICESTER COUNSELLING CENTRE
BALANCE SHEET
AS AT 31 MARCH 2024
| Notes Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Income funds Restricted funds 14 Unrestricted funds Designated funds 15 General unrestricted funds |
2024 £ 9,185 202,298 211,483 (4,495) 140,500 48,137 |
£ 1,649 206,988 208,637 20,000 188,637 208,637 |
2023 £ 6,787 204,418 211,205 (2,251) 140,500 50,383 |
£ 1,929 208,954 |
|---|---|---|---|---|
| 210,883 | ||||
| 20,000 190,883 |
||||
| 210,883 |
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THE LEICESTER COUNSELLING CENTRE
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
The charity is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. No member of the charity has deposited a notice, pursuant to section 476, requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charity.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 17 September 2024
N Chauhan
Trustee
Company registration number 03407375
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
Charity information
The Leicester Counselling Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is No. 1 Lodge, Victoria Park, London Road, Leicester, LE1 7RY.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (issued in October 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5 Expenditure
Expenditure is included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered.
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
(Continued)
Charitable expenditure comprises those costs incurred by the charity on the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities, and those costs of an indirect nature necessary to support them based upon either time spent on the actual activities or usage.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings and equipment 10% to 33.33% per annum on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Donations and legacies
| Unrestricted Restricted funds funds £ £ Donations and gifts 53,790 - Grants receivable 19,508 36,622 73,298 36,622 For the year ended 31 March 2023 75,721 20,000 Grants receivable for core activities Leicester City Council - main grant 19,508 - NHS England - Getting Help in Neighbourhoods - 20,000 Leicestershire & Rutland Community Foundation - - Postcode Places Trust - 16,622 19,508 36,622 |
Total 2024 £ 53,790 56,130 109,920 19,508 20,000 - 16,622 56,130 |
Total 2023 £ 44,864 50,857 |
|---|---|---|
| 95,721 | ||
| 95,721 | ||
| 25,857 20,000 5,000 - |
||
| 50,857 |
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
| 3 | Investments | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Interest receivable | 2,189 | 780 | |
| 4 | Other income | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Other income | 924 | 571 |
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
5 Charitable activities
| Provision of counselling, advisory and training services: Staff costs Supervision and assessment fees Qualified Counsellor Payment Scheme Trainer & Workshop expenses Travelling expenses Support costs: Rent and rates Insurance Light and heat Canteen and cleaning Repairs and maintenance Printing, postage and stationery IT and Telephone Legal and professional Independent examiner's fees Bank charges General expenses Depreciation and impairment Unrestricted funds Restricted funds Unrestricted funds 6 Net movement in funds The net movement in funds is stated after charging/(crediting): Depreciation of owned tangible fixed assets |
2024 £ 65,154 5,714 5,875 2,642 12 10,397 1,407 5,334 4,202 1,336 1,294 6,071 493 1,338 685 3,045 280 115,279 78,657 36,622 115,279 2024 £ 280 |
2023 £ 48,180 5,535 2,790 - - 10,641 1,373 2,802 3,858 467 883 5,245 413 1,278 569 3,186 713 |
|---|---|---|
| 87,933 | ||
| 87,933 | ||
| 87,933 | ||
| 2023 £ 713 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
8 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 | |
|---|---|---|
| Number | Number | |
| Charitable activities and administration | 3 | 3 |
| Employment costs | 2024 | 2023 |
| £ | £ | |
| Wages and salaries | 63,368 | 46,741 |
| Other pension costs | 1,786 | 1,336 |
| 65,154 | 48,077 |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
10 Tangible fixed assets
| Tangible fixed assets | |
|---|---|
| Fixtures, fittings and | |
| equipment | |
| £ | |
| Cost | |
| At 1 April 2023 | 22,717 |
| At 31 March 2024 | 22,717 |
| Depreciation and impairment | |
| At 1 April 2023 | 20,788 |
| Depreciation charged in the year | 280 |
| At 31 March 2024 | 21,068 |
| Carrying amount | |
| At 31 March 2024 | 1,649 |
| At 31 March 2023 | 1,929 |
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
| 11 Debtors Amounts falling due within one year: Prepayments and accrued income 12 Creditors: amounts falling due within one year Other taxation and social security Trade creditors Accruals and deferred income 13 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
2024 £ 9,185 2024 £ 1,905 64 2,526 4,495 2024 £ 1,786 |
2023 £ 6,787 |
|---|---|---|
| 2023 £ 133 73 2,045 |
||
| 2,251 | ||
| 2023 £ 1,336 |
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
14 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At NHS England - Getting Help in Neighbourhoods Postcode Places Fund Previous year: At NHS England - Getting Help in Neighbourhoods |
1 April 2023 Incoming resources Resources expended At 31 March 2024 £ £ £ £ 20,000 20,000 (20,000) 20,000 - 16,622 (16,622) - 20,000 36,622 (36,622) 20,000 1 April 2022 Incoming resources Resources expended At 31 March 2023 £ £ £ £ - 20,000 - 20,000 |
|---|---|
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
14 Restricted funds
(Continued)
The NHS England grant "Getting Help in Neighbourhoods" was provided to cover a proportion of the Counselling Lead's salary, together with contributing towards the qualified counsellor payment scheme, software to facilitate a small remote counselling provision and mental health awareness training for staff and volunteers.
The Postcode Places Trust grant was provided to part fund the counselling lead's salary over one year, to support the growth of the Leicester Counselling Centre's core service and meet the growing demand for mental health support across Leicester, Leicestershire and Rutland.
15 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 April | Incoming | Resources | Transfers | At 31 March | |
|---|---|---|---|---|---|
| 2023 | resources | expended | 2024 | ||
| £ | £ | £ | £ | £ | |
| Dilapidations fund | 25,000 | - | - | - | 25,000 |
| Operational reserves | 115,500 | - | - | - | 115,500 |
| General funds | 50,383 | 76,411 | (78,657) | - | 48,137 |
| 190,883 | 76,411 | (78,657) | - | 188,637 | |
| Previous year: | At 1 April | Incoming | Resources | Transfers | At 31 March |
| 2022 | resources | expended | 2023 | ||
| £ | £ | £ | £ | £ | |
| Dilapidations fund | 25,000 | - | - | - | 25,000 |
| Operational reserves | 105,000 | - | - | 10,500 | 115,500 |
| General funds | 71,744 | 77,072 | (87,933) | (10,500) | 50,383 |
| 201,744 | 77,072 | 87,933 | - | 190,883 |
16 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2024 2024 £ £ At 31 March 2024: Tangible assets 1,649 - Current assets/(liabilities) 186,988 20,000 188,637 20,000 |
Total 2024 £ 1,649 206,988 |
|---|---|
| 208,637 |
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THE LEICESTER COUNSELLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
16 Analysis of net assets between funds
| Analysis of net assets between funds | (Continued) | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | ||
| 2023 | 2023 | 2023 | |
| £ | £ | £ | |
| At 31 March 2023: | |||
| Tangible assets | 1,929 | - | 1,929 |
| Current assets/(liabilities) | 188,954 | 20,000 | 208,954 |
| 190,883 | 20,000 | 210,883 |
17 Operating lease commitments
Lessee
At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
| Within one year Between two and five years |
2024 £ 9,600 7,200 16,800 |
2023 £ 9,600 16,800 |
|---|---|---|
| 26,400 |
18 Related party transactions
There were no disclosable related party transactions during the year (2023 - none).
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