REGISTERED COMPANY NUMBER: 03978291 (England and Wales) REGISTERED CHARITY NUMBER: 1084537
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
FOR
THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
Sproull & Co. Chartered Accountants First Floor, Jebsen House 53-61 High Street Ruislip Middlesex HA4 7BD
THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2021. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Training
The Site offers a psychoanalytic training which reflects the philosophy of the organisation and is for a minimum of four years. It offers critical readings of psychoanalysis and its links to European philosophy and feminist theory.
It aims at engaging with the historical, political, theoretical and clinical developments of psychoanalysis and seeks to acknowledge the socio-cultural specificity of the individual's experience.
The training is located in London and provides public or private lectures, classes, seminars and workshops.
It also provides selection and testing by theoretical and clinical written papers in accordance with the standards prescribed, of candidates wishing to become analysts.
The training has two open groups which all students join. In contrast to many other trainings, The Site does not operate year groups. People can apply to join the training at three points in the academic year - October, January and May.
Funding for the training is primarily provided by membership subscriptions, income from public lectures/workshops and training programmes and training fees.
Advertisements for training and Site events are located on the Site website and circulated via emails.
Outreach
Public meetings, seminars, conferences and workshops are held throughout the year. Part of the charitable activity of the Site enables people of limited means to access appropriate treatment. Candidates in training, and some members, forward the charitable aims of the Site by working with low-fee paying patients. In this way both patients benefit and the training of prospective analysts is progressed.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We have 14 trainees in the Saturday group and 11 in the Thursday group, with the option of taking a small number of further trainees in the Thursday group next year. The training committee does not anticipate a Pass in the next 12 months, but that Pass will open a further place on the Saturday training. There is a waiting list for training places.
The Site is running a busy low cost psychotherapy clinic which both contributes to the community and provides a source of suitable patients for trainees.
The organisation publishes Sitegeist both online and in hard copy. The most recent publication was in 2019 and there has been a pause during the pandemic which coincided with the Sitegeist committee undergoing a period of transition. The next issue will be published in Autumn 2022 with the ambition to return to regular publication thereafter.
Several members have published books as well as journal articles or book chapters.
Series of workshops for practitioners and those interested in contemporary psychoanalysis have been held. The introductory course in London continues to be popular.
In conclusion, the trustees believe that The Site is amply meeting its objectives and appears to be a popular, highly regarded and prominent psychotherapy organisation.
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THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021
FINANCIAL REVIEW
Reserves
Council has examined the charity's requirements for reserves in the light of the main risks to the charity, and consider the current reserve funds to be sufficient.
FUTURE PLANS
The charity plans to continue the activities outlined above in the future. The Site Constitution, policies and procedures, the Training Standards document, and Trainee Handbook make reference to and clarify the organisation of the Site. As a result of feedback from our successful five-year UKCP Organisational Member Review, as well as our own processes, this year has seen the beginnings of a thorough revision of our standards and ethics documents, including modernising our policies on Data Protection, Bullying and Harassment.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Members of Council are elected at the AGM by a vote from membership. All Council Members are told about the obligations of being a Council Member. They are provided with:
-
The main documents which sets out the operational framework for the charity including the Memorandum and Articles of Association.
-
The Company's resources and current financial position as in the latest published accounts.
-
Future plans and objectives.
Induction and training of new trustees
The three Officers receive a hand-over from their predecessor. New trustees meet the Chair for an induction.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
03978291 (England and Wales)
Registered Charity number
1084537
Registered office
170, 15 Bessemer Place London SE10 0GQ
Trustees
| Trustees | ||
|---|---|---|
| Dr R Ayling | Psychoanalyst | - resigned September 2021 |
| Ms A Kreeger | Psychoanalyst | - resigned September 2021 |
| Dr L R Chernaik | Psychoanalyst | - resigned November 2021 |
| Dr N Blackburn | Psychoanalyst | - appointed July 2021 |
| Ms J L P Gardner | Psychotherapist | - appointed July 2021 |
| Dr P Nevins | Psychoanalyst | |
| Ms J Soal | Psychoanalyst | - appointed July 2021 |
| Ms L Pretolani | Psychoanalyst | - appointed July 2021 |
| Ms M Wax | Psychotherapist | - resigned April 2022 |
| Ms B de Lajudie | Psychoanalyst | - resigned May 2021 |
| Ms S F Noor | Psychoanalyst | - appointed April 2022 |
Page 2
THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Sproull & Co. Chartered Accountants First Floor, Jebsen House 53-61 High Street Ruislip Middlesex HA4 7BD
Bankers
Unity Trust Bank 9 Brindley Place 4 Oozells Square Birmingham B1 2HE
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
Independent examiner's report to the trustees of The Site for Contemporary Psychoanalysis ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Michelle Wickwar ACA, FCCA Sproull & Co. Chartered Accountants First Floor, Jebsen House 53-61 High Street Ruislip Middlesex HA4 7BD Date: .............................................
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THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | |||
| fund | Total funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Charitable activities | |||
| Training and workshops | 53,450 | 51,389 | |
| Membership fees | 23,799 | 17,816 | |
| Investment income | 3 | 1 | 23 |
| Total | 77,250 | 69,228 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Training and workshops | 18,505 | 31,260 | |
| Governance costs | 2,647 | 780 | |
| Other | 13,623 | 15,630 | |
| Total | 34,775 | 47,670 | |
| NET INCOME | 42,475 | 21,558 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 32,886 | 11,328 | |
| TOTAL FUNDS CARRIED FORWARD | 75,361 | 32,886 |
The notes form part of these financial statements
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THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
BALANCE SHEET 31ST DECEMBER 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | |||
| fund | Total funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Prepayments and accrued income | 6,167 | 4,729 | |
| Cash at bank | 75,567 | 36,663 | |
| 81,734 | 41,392 | ||
| CREDITORS | |||
| Amounts falling due within one year | 7 | (6,373) | (8,506) |
| NET CURRENT ASSETS | 75,361 | 32,886 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 75,361 | 32,886 | |
| NET ASSETS | 75,361 | 32,886 | |
| FUNDS | 8 | ||
| Unrestricted funds | 75,361 | 32,886 | |
| TOTAL FUNDS | 75,361 | 32,886 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 6
THE SITE FOR CONTEMPORARY PSYCHOANALYSIS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
1. STATUTORY INFORMATION
The Site for Contemporary Psychoanalysis is a charity, limited by guarantee, registered in England and Wales. The charity's registered office address can be found on page 2.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
3. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Deposit account interest | 1 | 23 |
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THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Accountancy fees | 798 | 780 |
5. TRUSTEES' REMUNERATION AND BENEFITS
During the year, £2,775 (2020 - £3,063) was paid to trustees for their services in relation to the charity's activities.
Trustees' expenses
During the year, £299 (2020 - £1,157) was reimbursed to trustees for expenses incurred on behalf of the charity, and in their capacity of providing services in relation to the charity's activities.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2021 2020 Trustees 6 12 There are no employees who received employee benefits of more than £60,000. 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 £ £ Accruals and deferred income 6,373 8,506 8. MOVEMENT IN FUNDS Net movement At At 1.1.21 in funds 31.12.21 £ £ £ Unrestricted funds General fund 32,886 42,475 75,361 TOTAL FUNDS 32,886 42,475 75,361 |
2020 12 2020 £ 8,506 |
|
|---|---|---|
| 75,361 |
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THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 77,250 | (34,775) | 42,475 |
| TOTAL FUNDS | 77,250 | (34,775) | 42,475 |
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.20 | in funds | 31.12.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 11,328 | 21,558 | 32,886 |
| TOTAL FUNDS | 11,328 | 21,558 | 32,886 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 69,228 | (47,670) | 21,558 |
| TOTAL FUNDS | 69,228 | (47,670) | 21,558 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.20 | in funds | 31.12.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 11,328 | 64,033 | 75,361 |
| TOTAL FUNDS | 11,328 | 64,033 | 75,361 |
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THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 146,478 | (82,445) | 64,033 |
| TOTAL FUNDS | 146,478 | (82,445) | 64,033 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st December 2021 nor in 2020.
10. LEGAL STATUS OF THE CHARITY
The Site for Contemporary Psychoanalysis is a charitable company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £1.
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THE SITE FOR CONTEMPORARY PSYCHOANALYSIS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021
| INCOME AND ENDOWMENTS Investment income Deposit account interest Charitable activities Training fees Talks and workshops Membership fees Conferences Gift aid Introductory courses Gift aid Bursaries Total incoming resources EXPENDITURE Charitable activities Teacher fees Venue hire Teacher expenses Talks and workshops Conferences Introductory course costs Bursaries Support costs Management Insurance Membership fees Administration fees Governance costs Accountancy fees Professional fees Total resources expended Net income |
2021 £ 1 31,875 3,867 23,799 7,176 - 5,500 5,032 - 77,249 77,250 14,346 2,186 306 382 1,285 - - 18,505 790 3,604 9,229 13,623 798 1,849 2,647 34,775 42,475 |
2020 £ 23 33,018 4,815 17,816 - 7,856 4,200 - 1,500 |
|---|---|---|
| 69,205 | ||
| 69,228 15,918 6,560 1,295 1,996 - 3,741 1,500 |
||
| 31,010 567 5,599 9,714 |
||
| 15,880 780 - |
||
| 780 | ||
| 47,670 | ||
| 21,558 |
This page does not form part of the statutory financial statements
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