Registered Cornpany number: 03978291 Registered Charity Number., 1084537 THE SITE FOR CONTEMPORARY PSYCHOANALYSIS TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
The Site For Contemporary Psychoanalysis Contents Page Company Informatlon Trustees. Report Independent Examlnerfs Report Statement of Financial Attivities Balance Sheet Notes to the Flnanclal Ststements Detailed Statement of flnanclal Actl¥ltles io
The Site For Contemporary Psychoanalysis Company Information For The Year Ended 31 December 2024 Mrs Shireen Noor Mr Nicholas Blackburn Ms Joanna Gardner Dr Peter Nevlns Ms Judlth 5oal Ms Luisa Pretolani M5 SuzatTne Adebari - Appointed 1510512024 Ms Eva De Marchi Appointed 1510512024 Truste M5 Luisa Pretolani (Psychoanalyst) Dr Nichola5 Blackburn (P5ychoanolyst} Ms Joanna Gardner (Psychotherapist) Dr Peter Nevin5 (Psychoanalyst) Mrs Shireen Noor (Psychoanalyst) Ms Judlth Soal (Psychoanalyst) Ms Suzanne Adebari (Psychoanalyst) Appolnted 0610412024 Ms Eva De Marchi {Psychoanalyst) - Appointed 0610412024 Charlty Numb•r 1084537 Company Number 03978291 Ro9l•tered Office suite G04, 1 Quallty Court. Chancery Lane London England WC2A IHR Ind¢p¢ndent Ex•miner• Best Cholce Chartered Accountants Offlce 30, Klngfisher House 21-23 Elmfleld Road 8romley 8RI ILT Page I
The Site For Contemporary Psychoanalysis Company No. 03978291, Charity No. 1084537 Trustees. Report For The Year Ended 31 December 2024 The trustees who are also dlreLtors of the charlty for the purposes of the Companles Act 2006, present thelr report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in ccordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJEcfIvES AND AcfivITIES Training The Slte offers a psychoanalytic tralning which reflects the philosophy of the organisatlon and is for a minlmum of four years. It offers crltlcal readlngs of psythoanaly515 and Its Ilnks to European phllosophy and femlnist theory. It alms at engaging wlth the historicali political, theoretical and clinical developments of psychoanalysis and seeks to acknowledge the socio-cultural speclflclty of the Indlvldual's experten. There are currentty 27 tralnees wlth three taklng the Sprlng Term tsff. The Slte trainlng Is located In London, provldlng public or private lectures, classes, seminars and workshops. It also provides selettion and testing by theoretical and clinical written papers in accordance with the standards prescribed, of candidates wlshin9 to become analysts. The tralnlng has two groups in London, one on a Thursday evening and the other on a Saturdav mornlng. In contrast to many other tralnlngs, the Site does not operate year groups. People can apply to joln the trainlng at the beginnfjng of the first temi (in October) or the second term {in January) of the academic year. Funding for the training Is primarily provided by membershlp subscriptions, Income from public lectureslworkshops and tralnlng programmes and training fees, and a small number of bursarles. Advertlsements for tralnlng and Slte events are located On The Slte webslte, social media channels, and circulated vla emalls. Outr•a¢h Publlc meetln9s, semlnars, conferences and workshops are held throughout the year. Part of the charltable actlvlty of The Slte enables people of Ilmlted mean5 to a55 approprlate treatment. Candidates in training, some members, forward the charitable aims of the Site by working with low-fee paying patlents. In thls way patlents beneflt and the tralning of prospectlve analysts Is progressed. ACHIEVEMENT AND PERFORMANCE Charltabl• actIvIt$ At the tlme of wrltlng, the tralnlng groups are more or less full, wlth 27 tralnees currently reglstered, I recently passed. The Slte runs a successful low cost psychotherapy clinlc which contrlbutes to the community and provldes suitable patients for trainees. Sltegelst has continued to publish and the new editorial committee Is now well-established. Several members have publlshed books as WEII as Journal adeS or book chapter& Series of workshops for prattltloners and those Interested In contemporary psychoanalysls have been held.. there have been some highly popular events recently. The introductory course ran again th15 year, now at the Westminster Quaker meeting house. In concluslon, the trustees belleve that The Slte Is amply meetlng Its objectlves and appears to be a popular, hlghly regarded and prominent psychotherapy organisation. FINAIKIAL REVXEW Reserves Council has examlned the charity's requlrements for reserves In the light of the maln rlsks to the tharlty, and conslder the current reserye funds to be Sufficient. The relatlonshlp between our book-keeper and the Honorary Treasurer Is provlng Immensely useful In allowing the organi5ation to keep up to date with It5 finances from month to month, and we are confident we have set up and Implemented a robust system for finani7al reporting and monitorlng whlch has allowed us ts) plan more effettivelv. ..CONTINUED Page 2
The Site For Contemporary Psychoanalysls Company No. 03978291, Charity No. 1084537 Trustees, Report (continued) For The Year Ended 31 December 2024 Trustees. Report- contlnued STRUCTURe. GOVERNAIICE A14D 14ANA6E14ENT Governing document The charity is cor¢trolled by its governing document, a deed of trust, and constitutes a limited company, limrted by guarantee, a5 deflned by the Companles Act 2006. Re¢ruitmert and appointment of new trustees Members of Counal are eletted at the AGM by a vote from membershTP. All Counal Member5 are told about ttre obligations of being a Council Member. They are provided with.. The main documents which set out the operatlonal framework for the charfty Including the Memorandum and Articles of Association. The Company's resources and current flnanclal posltlon as In the latest publlshed accounts. Future plans and objectives, Inductlon and tralnlng of new trustees The Offlcers recelve a hand-over from thelr predecessor. New trustees meet the Chalr for an inductlon. Dlrectors and Truste The dlrectors and trustees who held offlce durlng the year were a5 follows: Mrs Shlreen Noor Mr Nicholas Blackburn Ms Joanna Gardner Dr Peter Nevlns M5 Judith Soal Ms Lu15a Pretolanl M5 Suzanne Adeba Ms Eva De Marchi Small Comp•ny Rule• Thls report has been prepared In accordance th the spedal provlslons relattng to companles subjett to the small companles reglme within Part 15 of the Companies Act 2006. On behalf of the board Lwsa Tr8tola41 Ms Lulsa Pretolanl Dlrector & Trustee 281Q312025 Page 3
The Site For Contemporary Psychoanalysis Independent Examiner's Report For The Year Ended 31 December 2024 I report on the accounts of the Charity for the year ended 31 Dernber 2024. whlch are set out on pages 5 to 10. l. The charlty's trustees are responslble for the preparatlon of the accounts. The charlty's tnJstees consider that an audlt is not required for thi5 year under section 144(2) of the Charities Att 2011 (the 2011 Act) and that an Independent examination is needed. 2. Having satisfied myself that an audit is not required, it 15 my responsibility to-. e.xamine. the arLounts under sectlon 145 of the 2011 Art; to follow the procedures laid down in the g•n•rnl Dirertions grven by the Charity Commissic>n undér s•ction 14515)Ib) of the 2011 Act; and to State whether particular matters have come to my attention. Basls of Indapendent examlner's report My examlnatlon was carrted out In accordance wlth the general Dlrectlons given by the Charlty Commlsslon. An examlnatlon Includes a revlew or the acco%Jnting records kept by the charity and a comparlson or rhe accounts presented wlth those records. It also includes consideration of any unusual items or disc105ures in the accounts, and seeking explanations from you as trustees concernlng any such matters. The procedures L*ndertaken do not provide all the evidence that would be required In an audlt and consequently no oplnlon Is glven as to whether the accounts present a 'true and fair vlew, and the report Is limited to those matters set out In the statement below. Indtpend•nt •xamln•r'8 8tatsm•nt ln connertlon wtth my Qxamlnatlon, matter has come to my attentlon: l. whlch glves me reasonable cause to belleve that In any material respett the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts whlch accord with the accounting records and comply with the accounting requirements of the 2011 Act, and wlth the methods and princlples of the Statement of Recommended Practice- Accounting and Reportlng by Charttles, have not been met; or 2. to which, In my opinlon, attentlon should be drawn in order to enable a proper understandlng of the accounts to be reached. Signed Shahzad Fayyaz. ACA 2810312025 Best Cholce Chartered Accountants Office 30, Kingfisher House 21-23 Elmfield Road Bromley BRI ILT Pa9e 4
The Site For Contemporary Psychoanalysis Statement of Financial Activities For The Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Charitable actlvltles 102,125 954 74.049 818 Investment income Total 103,079 74,867 RESOURCES EXPENDED Charitable artlvities 37,674 29,195 16,642 34,981 23,136 8,791 Support Cost5 Governance Costs Total 83,511 66,908 NET INCOME 19,568 7,959 Please refer to detsiled breakdowns on page 10. Page 5
The Site For Contemporary Psychoanalysis Balance Sheet As At 31 December 2024 2024 2023 Notes CURRENT ASSETS Debtor5 7,089 124,326 4,836 112,586 Cash at bank and in hand 131.415 117,422 Credit(n: Amounts Falling Due Within One Year (5,575) NET CURRENT ASSETS {UABILITIES) 131,415 111,847 TOTAL ASSETS LESS CURRENT LZA8ILZTIES 131,415 111,847 NEf ASSETS 131,415 111,847 Unrestricted Funds 131,415 111,847 MEMBERS. FUNDS 131,415 111,847 For the year ending 31 December 2024 the company was entltled to exemption from audit under section 477 of the Companles Act 2006 relatlng to small companles. The members have not requlred the company to obtaln an audlt In accordance wlth section 476 of the Companles Act 2006. The trustees acknowledge their responsibilities for: ensurlng that the charltable company keeps accountlng records that comply wlth Sectlon5 386 and 387 of the Companles Act 2006 and; preparlng flnanclal statements whlch glve a true and falr vlew of the state of affairs of the charitable company as at the end of each financial year and of Its surplus or deflcit for each financbal year In accordance with the requirements of Sectlons 394 and 395 and whlch otherwlse comply wlth the requlrements of the Companies Act 2006 relatlng to flnanclal statement$, so far as •ppllcable to the charltsble cornpary. The financial statements were approved by the board of trustees on 28 March 2025 and were signed on its behalf by,. Ihtolahi Ms Lulsa Pretolanl Director & Trustee The notes on pages 7 to 9 form part of these flnandal ststernents. Page 6
The Site For Contemporary Psychoanalysis Notes to the Financial Statements For The Year Ended 31 December 2024 l. General Informotion The Site For Contemporary Psychoanalysis is a charity, limited by gtsarantee, incorporated in England & Wale5, reglstered number 03978291. The registered Offi 15 Suite G04 1 Quality Court, Chancery Lane, London, England, WC2A IMR. The registered charity number is 1084537. 2. Accountlng Poliaes 2.1. Basls of Preparation of Financial 5tstements The fi'nanoal statements of the charitable companyi which 15 a public benefft entity under FRS 102, have been prepared In accordance wlth the Charities SORP {FRS 102) 'Accounting and Reporting by Charitles.. Statement of Recommended Practlce applicable to charitles preparlng thelr accounts In accordance wlth the Flnanclal Reporting Standard opplicable in the UK and Republlc of Ireland (FRS 102) (effective l January 2019)., Flnanciol Reportlng Standard 102 'The Flnanclal Reportlng Standard applicable In the UK and Republlc of Ireland, and the Companles Act 2006. The financial statements ttave been prepared under the historlcal cost convention. 2.2. Zncom• All Income is recognlsed In the Statement of Financial Activlts'e5 once the charlty has entitlement to the funds, It Is probable that the income will be reiVed and the amoLsnt can be measured reliably. 2.3. stocks and Work in Progress Llabllltles are recognised as expendlture as soon as there Is 3 legal or constructlve obllgatlon commlttlng the charlty to that expendlture. it Is probable that a transfer of economlc beneflts wlll be required in settlement and the amount of the obligation can be measured reliably. Expenditure Is accounted for on an accruals ba51s and has been classified under headlng5 that aggregate all cost related to the category. Where costs cannot be dlrectly attrlbuted to partlcular headlngs they have been allocated to actlvitles on a basls conslstent wlth the use of resource5. 2.4. Taxatl¢Jn The charity is exempt from corporation tax on its charitable activities, 2.5, R•lat•d P•rty Dl•do•ur•• There were no related party transactions for the year ended 315t December 2024 nor in 2023. 2.6. Legal Statuj of the Charlty The Site for Contemporary Psychoanalysis is a chorltable compony limited by guarantee and has no share capital. The liabillty of each member in the event of winding-up is limlted to £1. 2.7. Fund accourrtlng Unrestrlcted funds can be used In accordance with the charitable objectlves at the dlscretlon of the trustees. Restricted funds can only be used for particular restritted 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 note5 to the financial statements. 3. Average Number of Employees Average number of employees, Indudlng trustees, durlng the year were as follows: 2024 2023 Trustees Page 7
The Site For Contemporary Psychoanalysls Notes to the Financial Statements (continued) For The Year Ended 31 December 2024 4. Trustees. remuneratlon 2024 2023 Emoluments 5,188 3,959 During the year £5,188 (2023.. £3,959) was paid to trustees for their seNIS in relation to the charity's actlvltles.. Trustees. expenses Durlng the year, £2,488 (2023: £1,857) was relmbursed to trustees for expenses Incurred on behalf of the charlty, and in their capacity of providing services in rdation to the charit*s actrvitres. 5. Debtors 2024 2023 Due within one year Prepayments and accrued inoime 7,089 4,836 6. Cr•dltors: Amounts F•lllng Duo Wlthin One Year 2024 2023 Accruals and deferred Income 5,575 7. Movement In Fund• Atljan 2024 14et movement in funds At 31 D¢c 2024 Unr¢strlrted Funds General funds 111 847 131415 Totsl Fund$ 111,847 19,568 131,415 Net movement in funds, Included in the above are ?s follows.. Incomlng ReJource8 Movement In funds Unrestricted Funds General funds 103,079 (83,511 Total Fund• 103,079 (83.511) 19,568 Page 8
The Site For Contemporary Psychoanalysis Notes to the Financial Statements (continued) For The Year Ended 31 December 2024 7, MoveFnent In Funds - continued Comparatlves for movement In funds Atllan 2023 Net movement In fund• At31De 2023 Unrestricted Funds General funds 103 888 7,959 111,847 Total Funds 103,888 7,959 111,847 Comparatlve net movement In funds, Induded In the above are as follows: Incoming Resource r•sourc•s expended Movem•nt In fund• Unrestrlcted Fund• General funds 74,867 66,908 7,959 Total Fund• 74,867 (66,908) 7,959 A current year 12 months and prlor year 12 months comblned posltlon Is as follows: Atljan 2023 Net movement In funds At 31 Dec 2024 Unrestrlcted Funds General funds 103 888 27,527 131,415 Total Fund* 103,888 27,527 131,415 Page 9
The Site For Contemporary Psychoanalysis Detailed Statement of Financial Activities For The Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Investment income Deposit account interest Charitabl• activitl•s Tralnlng fees Talks and workshops Membership fees Conferences Gift aid Introduct(Jry courses Bursaries Donatlons fee 954 818 42,084 1,050 24,007 14,330 7,054 13,600 33,114 525 21,686 3,611 3.073 10,800 750 490 Total Incomlng r•6ouru• 103,079 74,867 8XPENDrruRE Charltablt a¢tlvltl•8 Teacher fees Venue hire Teacher expenses Talks and workshops 19.572 12,546 1,236 4,320 17,299 13,183 599 3.900 (37,674) (34,981) Support ¢o#ts Insurance Membership fees Administration fee5 1,670 5,842 21,683 I,oii 6,323 15,802 (29,195) (23,136) Governance costs Accountancy fee5 Professional fees 1,080 15.562 1,080 7,711 (16,642) {8.791) Total resour¢ts exp¢nded (83,511) 166,908) NET INCOME 19,568 7,959 Page 10