Registered company number: 03978291 Registered charity number: 1084537
**THE SITE FOR CONTEMPORARY PSYCHOANALYSIS TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
**The Site For Contemporary Psychoanalysis Trustees' Report and Financial Statements For The Year Ended 31 December 2022**
## **Contents**
||**Page**|
|---|---|
|Company Information|1|
|Trustees' Report|2—3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7—9|
|Detailed Statement of Financial Activities|10|
**The Site For Contemporary Psychoanalysis Company Information For The Year Ended 31 December 2022**
|**Directors**|Ms Luisa Pretolani|
|---|---|
||Dr Nicholas Blackburn|
||Ms Joanna Gardner|
||Dr Peter Nevins|
||Mrs Shireen Noor|
||Ms Judith Soal|
|**Trustees**|Ms Luisa Pretolani (Psychoanalyst)|
||Dr Nicholas Blackburn (Psychoanalyst)|
||Ms Joanna Gardner (Psychotherapist)|
||Dr Peter Nevins (Psychoanalyst)|
||Mrs Shireen Noor (Psychoanalyst) - Appointed April 2022|
||Ms Judith Soal (Psychoanalyst)|
|**Charity Number**|1084537|
|**Company Number**|03978291|
|**Registered Office**|170, 15 Bessemer Place|
||London|
||SE10 0GQ|
|**Independent Examiners**|Best Choice Chartered Accountants|
||Office 30, Kingfisher House|
||21-23 Elmfield Road|
||Bromley|
||BR1 1LT|
Page 1
## **The Site For Contemporary Psychoanalysis Company No. 03978291, Charity No. 1084537 Trustees' Report For The Year Ended 31 December 2022**
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 2022. 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 Site training is located in London, providing 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 groups in London, one on a Thursday evening and the other on a Saturday morning. In contrast to many other trainings, the Site does not operate year groups. People can apply to join the training at the beginning of the first term (in October) or the second term (in January) of the academic year. Funding for the training is primarily provided by membership subscriptions, income from public lectures/workshops and training programs and training fees, and a small number of bursaries. Advertisements for training and Site events are located on The Site website, social media channels, 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**
At the time of writing, the training groups are more or less full, with 26 trainees currently registered, 1 recently passed.
The Site runs a successful low-cost psychotherapy clinic which contributes to the community and provides suitable patients for trainees.
Sitegeist has continued to publish and has a substantially new editorial committee.
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: there have been some highly popular events recently.
The introductory course ran again this year, now at the Westminster Quaker meeting house.
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.
## **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.
The relationship between our book-keeper and the Honorary Treasurer is proving immensely useful in allowing the organisation to keep up to date with its finances from month to month, and we are confident we have set up and implemented a robust system for financial reporting and monitoring which has allowed us to plan more effectively.
## **FUTURE PLANS**
The charity plans to continue the activities outlined above in the future.
...CONTINUED
Page 2
## **The Site For Contemporary Psychoanalysis Trustees' Report (continued) For The Year Ended 31 December 2022**
## **Trustees' Report - continued**
Over the last year, the Ethics Working Party reviewed in detail The Site Constitution, policies and procedures (including complaints), the Training Standards document and Trainee Handbooks. Together, these make reference to and clarify the organisation of The Site. The last of these changes will be formally adopted at this year’s AGM and we will also be discussing more detailed changes, for example around dual relationships, to be written up later in the year.
## **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 set 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.
## **Directors and Trustees**
The directors and trustees who held office during the year were as follows: Ms Luisa Pretolani Dr Nicholas Blackburn Ms Joanna Gardner Dr Peter Nevins Mrs Shireen Noor APPOINTED 02/04/2022 Ms Judith Soal
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
## Luisa Pretolani
Luisa Pretolani (Apr 1, 2023 10:43 GMT+1)
Ms Luisa Pretolani
Director & Trustee
30/03/2023
Page 3
## **The Site For Contemporary Psychoanalysis Independent Examiner's Report For The Year Ended 31 December 2022**
I report on the accounts of the Charity for the year ended 31 December 2022, which are set out on pages 5 to 10.
## **Respective responsibilities of trustees and examiner**
1. The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
2. Having satisfied myself that an audit is not required, it is my responsibility to:
examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b of the 2011 Act; and
to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities, have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed
Shahzad Fayyaz (Apr 4, 2023 16:35 GMT+1)
## **Shahzad Fayyaz, ACA**
30/03/2023
Best Choice Chartered Accountants Office 30, Kingfisher House 21-23 Elmfield Road Bromley BR1 1LT
Page 4
## **The Site For Contemporary Psychoanalysis Statement of Financial Activities For The Year Ended 31 December 2022**
|**Notes**
**INCOME AND ENDOWMENTS**
Charitable activities
Investment income
**Total**
**RESOURCES EXPENDED**
Charitable activities
Support Costs
Governance Costs
**Total**
**NET INCOME**|**2022**
**£**
76,231
149
**76,380**
27,584
14,677
**47,853**
5,592
**28,527**|**2021**
**£**
77,249
1|
|---|---|---|
|||**77,250**
18,505
13,623
2,647|
|||**34,775**
**42,475**|
Please refer to detailed breakdowns on page 10.
Page 5
## **The Site For Contemporary Psychoanalysis Balance Sheet As at 31 December 2022**
|**Notes**
**4**
**5**
**CURRENT ASSETS**
Debtors
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Unrestricted Funds
**TOTAL FUNDS**|**2022**
**£**
**£**
6,167
105,174
111,341
(7,453)
103,888
103,888
103,888
103,888
103,888|**2022**
**£**
**£**
6,167
105,174
111,341
(7,453)
103,888
103,888
103,888
103,888
103,888|**2021**
**£**
**£**
6,167
75,567
81,734
(6,373)
75,361
75,361
75,361
75,361
75,361|**2021**
**£**
**£**
6,167
75,567
81,734
(6,373)
75,361
75,361
75,361
75,361
75,361|
|---|---|---|---|---|
||111,341
(7,453)||81,734
(6,373)||
||||||
|||103,888||75,361|
|||103,888||75,361|
|||103,888||75,361|
|||103,888||75,361|
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for:
- ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and;
- 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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of trustees on 1 April 2023 and were signed on its behalf by:
## Luisa Pretolani
Luisa Pretolani (Apr 1, 2023 10:43 GMT+1)
Ms Luisa Pretolani
Director
The notes on pages 7 to 9 form part of these financial statements.
Page 6
## **The Site For Contemporary Psychoanalysis Notes to the Financial Statements For The Year Ended 31 December 2022**
## 1. **Accounting Policies**
## 1.1. **Basis of Preparation of 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.
## 1.2. **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.
## 1.3. **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.
## 1.4. **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## 1.5. **Related Party Disclosures**
There were no related party transactions for the year ended 31st December 2022 nor in 2021.
## 1.6. **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.
## 1.7. **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.
## 2. **Average Number of Employees**
Average number of employees, including trustees, during the year were as follows:
|Trustees|**2022**
6
6|**2021**
6|
|---|---|---|
|||6|
Page 7
## **The Site For Contemporary Psychoanalysis Notes to the Financial Statements (continued) For The Year Ended 31 December 2022**
## 3. **Trustees' remuneration**
Emoluments
|**2022**
**£**
4,232
4,232|**2021**
**£**
2,775|
|---|---|
||2,775|
During the year £4,232 (2021: £2,775) was paid to trustees for their services in relation to the charity's activities.
## **Trustees' expenses**
During the year, £2,768 (2021: £299) 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.
## 4. **Debtors**
|**Due within one year**
Prepayments and accrued income
5.
**Creditors: Amounts Falling Due Within One Year**
Accruals and deferred income|**2022**
**£**
6,167
6,167
**2022**
**£**
7,453
7,453|**2021**
**£**
6,167|
|---|---|---|
|||6,167|
|||**2021**
**£**
6,373|
|||6,373|
## 5. **Creditors: Amounts Falling Due Within One Year**
## 6. **General Information**
The Site For Contemporary Psychoanalysis is a charity, limited by guarantee, incorporated in England & Wales, registered number 03978291 and registered charity number 1084537. The registered office is 170, 15 Bessemer Place, London, SE10 0GQ.
## 7. **Movement In Funds**
|7.
**Movement In Funds**
**Unrestricted Funds**
General funds
**Total Funds**
Net movement in funds, included in the above are as follows:
**Unrestricted Funds**
General funds
**Total Funds**|**At 1 Jan**
**2022**
**£**
75,361
75,361
**Incoming**
**resources**
**£**
76,380
76,380|**Net movement**
**in funds**
**£**
28,527
28,527
**Resources**
**expended**
**£**
(47,853)
(47,853)|
**At 31 Dec**
**2022**
**£**
103,888
103,888
**Movement**
**in funds**
**£**
28,527
28,527|
|---|---|---|---|
Page 8
## **The Site For Contemporary Psychoanalysis Notes to the Financial Statements (continued) For The Year Ended 31 December 2022**
## 7. **Movement In Funds - continued**
## **Comparatives for movement in funds**
|**Unrestricted Funds**
General funds
**At 1 Jan**
**2021**
**£**
32,886
32,886
**Total Funds**
Comparative net movement in funds, included in the above are as follows:
**Unrestricted Funds**
General funds
**Incoming**
**resources**
**£**
77,250
77,250
**Total Funds**
**At 1 Jan**
**2021**
**£**
32,886
32,886
**Unrestricted Funds**
General funds
**Total Funds**
A current year 12 months and prior year 12 months combined position is as follows:|**Net movement**
**in funds**
**£**
42,475
42,475
**Resources**
**expended**
**£**
(34,775)
(34,775)
**Net movement**
**in funds**
**£**
71,002
71,002|
**At 31 Dec**
**2021**
**£**
75,361|
|---|---|---|
|||75,361|
|||**Movement**
**in funds**
**£**
42,475|
|||42,475|
|||
**At 31 Dec**
**£**
103,888
**2022**|
|||103,888|
A current year 12 months and prior year 12 months combined position is as follows:
Page 9
## **The Site For Contemporary Psychoanalysis Detailed Statement of Financial Activities For The Year Ended 31 December 2022**
|**INCOME AND ENDOWMENTS**
**Investment income**
Deposit account interest
**Charitable activities**
Training fees
Talks and workshops
Membership fees
Conferences
Gift aid
Introductory courses
Bursaries
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Teacher fees
Venue hire
Teacher expenses
Talks and workshops
Conferences
**Support costs**
Insurance
Membership fees
Administration fees
**Governance costs**
Accountancy fees
Professional fees
**Total resources expended**
**NET INCOME**|**2022**
**£**
**£**
35,761
1,050
22,818
1,319
3,083
11,450
750
149
76,380
635
3,824
10,218
(14,677)
15,939
10,115
135
1,395
-
(27,584)
1,080
4,512
(5,592)
(47,853)
28,527|**2022**
**£**
**£**
35,761
1,050
22,818
1,319
3,083
11,450
750
149
76,380
635
3,824
10,218
(14,677)
15,939
10,115
135
1,395
-
(27,584)
1,080
4,512
(5,592)
(47,853)
28,527|**2021**
**£**
**£**
31,875
3,867
23,799
7,176
5,500
5,032
-
1
77,250
790
3,604
9,229
(13,623)
14,346
2,186
306
382
1,285
(18,505)
798
1,849
(2,647)
(34,775)
42,475|**2021**
**£**
**£**
31,875
3,867
23,799
7,176
5,500
5,032
-
1
77,250
790
3,604
9,229
(13,623)
14,346
2,186
306
382
1,285
(18,505)
798
1,849
(2,647)
(34,775)
42,475|
|---|---|---|---|---|
|||76,380
(14,677)
(27,584)
(5,592)||77,250
(13,623)
(18,505)
(2,647)|
||635
3,824
10,218||790
3,604
9,229||
||1,080
4,512||798
1,849||
||||||
|||(47,853)||(34,775)|
|||28,527||42,475|
Page 10