ENEW COUNSELLING LTD (A COMPANY LIMITED BY GUARANTEE) IIEPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 2025 Jr.- i,J'
REP4EW COUNSELLING LTD REFERENCE AND ADMINISTRATIVE INFORMATION INDEX Page REFERENCE AN D ADMINISTRATIVE INFORMATION...............--.......................................................... REPORT OF THE COUNCIL...-............-..-..--..--..-.-................--..-..................................................... STRUCTURE & GOVERNANCE,...,,.......................................,...,...........,..........................,...,...,...,...,..,,..,...,..,,..,,.., OBJEcrs, AIM & MIssioN OF RENEW COUNSELUNG LTD................................................................................... ACe$ OF RENEW COUNSELLING LTD....,...,..,..,,..,..,,..................,......................,........,..,...,,.....,,..,...........,... ACTITy 202412025 (APRIL- MARCH). AIM OF RENEW COUNSELLING LTD...................................................................... . STATEMENT ON Pu8uc BENEFIT..................,........ ..................... ... ...................... FINANCIAL REVIEW .. .. FUTURESTRATEGY,,..,,..,.. 13 TRUSTEE5' RE5PON5181LITIES STATEMEvf........................................................,,..,...,,..,............,....................... 14 10 INDEPENDENT AUDITOR'S REPORTTOTHE MEMBERSAND TRUSTEES OF RENEW COUNSELLING LTD LIMITED..-.-........................................~..-..-........-....................,...,.........,,..........,..... IS STATEM ENT OF FINANCIAL ACTIVITIES.........................................................................................18 (INCORPORATING AN INCOME & EXPENDITURE ACCOUNT) BALANCE SH EET.,.................... .19 CASH FLOW..................................................................................................................................... 20 NOTES TO THE ACCOUNT................................................................................................................21
RENEW COUNSELLING LTD REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Patrons The RL Revd. Dr Gull Francls-Dehqanl, Blshop of Chelmsford The Rt, Revd. Alan Williams, Blshop of Brentwood The Lord Petre Member5 of Councll and Charlty's Trustees TIM Rose- Chalrman Jo Rassell - Treasurer Ruth O'Neill Matthew Cooper Deldra Armsby Emma Plunkett Sandra Stockwell Key Staff Appolntments Chlef ExecutlvÉ and Company Secretary- Nlkkl Schuster Counselling Managers - Llsa Brown Counselling Manager (Schools Servlce) - JustSne Colley Programme Leader (Tralning}- Karen Ilott Sensor Off ices Manager- Emma Smlth Head of Comms and Fundralslng - Ellena Grace StatUS Renew Counselllng Ltd Is a company Ilmlted by guarantee, company number 4099810. reglstered In England and a registered charity, number 1084940. Reglstered and Prlnclpal Offlce Sadler5 House 2 Legg Street Chelmsford, Essex CM1 IAH Accountancy Consultant Paul Thompson F.C.C.A Thompson Accountancy Ser4lces Llmlted. Sulte 9, Hadlelgh Buslness Centre, 351 Lon(Jon Road, Hadlelgh, Essex SS7 28T Audltors Clemence Hoar Cummlngs 1-5 Como Street Romford RM7 7DN Bankers Barclays Bank plo 75 High StreeL Brentwood Sollcltors Pretty5. 1 Legg StreeL Chelmsford. Essex CMI 1 JS Investment Advisers Royal London Asset Management 55 Gracechurch Street London EC3V OUF
RENEW COUNSELLING LTD REPORT OF THE COUNCIL FOR THE YEAR ENDED 31 MARCH 2025 Structure & Governonce Governlng Document Renew Counselllng Ltd Is a company lim5ted by guarantee and also a reg15tered charlty, It5 governlng document is the memorandum and articles of association. The Directors of the Company are the Trustees of the charlty and are known as the Renew Counselllng Ltd Council, Recrultment and Appolntment ol Trustees Trustees are recrulted having regard to the age, gender, cultural and skllls mix requlred to maintain good governance and the ethos of the Charlty, Trustees are appolnted by Members, vote at the Charlty's Annual General Meetlng. All Members of Renew Counselling Ltd are entltled to vote. The Trustees also have the power to co-opt up to three people to the Council. An Inductlon process Is In place to ensure Trustees understand the work of Renew Counselling Ltd and thelr responslbllltles as Trustees. Thls Involves.. Understanding the charlty's purposes, Readlng our governlng documents and galnlng an understandlng of the rules, meetlng the trustees and flndlng out how we operate. Organlsatlonal Structure Renew Counselllng Ltd Councll meets four to slx tlmes a year. Councll Is responslble for governance and approves all the strateglc and operatlonal plans for Renew Counselllng Ltd. There are trustees, committees covering operations. finance investments and fundraising. A Chief Executlve Is appointed by the Trustees to manage the day-to-day operatlons of the charlty. Rlsk Management The Council of Renew Coun5elling Ltd, in consultation with the Senior management team, has developed a proces5 for regular revlew, assessment and management of risk wlthln the organlsatlon: By antlclpatlng future trends, opportunltles and rlsks, Councll endeavours to make best use of Renew CounsellSng Ltd's resources. respondlng posltlvely to changes In the external envlronment and contlnulng to dellver hlgh quallty servlces representlng best value for money. An In-depth analysls of the major rlsks facSng Renew Counselllng Ltd has been undertaken. The Rlsk Revlew document Is revlewed on a quarterly basis. The Chief Executlve reports to Councll highllghtlng any rlsks and the strategles that have been Implemented to mlnlmlse rlsk, All Councll members are then Involved In the ongolng Identlflcatlon and management of rlsk and a record Is kept of development actlvlty requlred to reduce rlsk. This record Is monitored and kept updated to ensure that strategies are In place to mlnlmlse Renew Counselllng Ltd's exposure to flnancial, legal, professlonal, ethlcal and employment risk, The principal risks and uncertainties identified by the charity are as follows: Rlsk Identlfled safe uardin matter5 Goin Concern Reduction In cllent and student numbers Actlon taken to rnltl ate the rlsk R ulaKI (late licie5 and mandato annual trainin for all staff Diverse income streams and rudent Investln of reseNes,' R@gular marketlng of services to malntain cllent and student numbers The Reference and Admlnlstrative Informatlon set on page 2 part of thts report The flnanclal statement5 comply wlih current statutory requiremenrs, the memorandum and artkles of asKKiatK and the ststent of Recomrnendpd Practice - Accounting and Reporting by charltles Isecond Ediik)n 2a19}.
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 Related Parties Renew Counselllng Ltd works closety with a range of voluntary, statutory and community organlsatlons in order to ensure a high quality comprehensive service for our own cllents and for the purposes of contrlbutlng to the planning and delivery of servlces for people wlthin our communltles, Where posslble we contrlbute to consultations on the development of services through varlous local strateglc plannlng structures, Objects, Aim & Mission ol Renew Counselllng Ltd The Object of Renew Counselling Ltd Renew Counselling Ltd is established to improve emotional and mental health by providing counselling and psychotherapeutlc support. In furtherance of the sald objects, but not further or otherwlse, the company shall have power: (a) to provlde hlgh quallty. affordable. accesslble and responslve counselllng and psychotherapeutlc Interventlons to anyone of school age and above and to couple5 in East London and Essex. (b} to traln counsellors to a hlgh standard (c} to supenilse and traln other professlonals who are engaged wlth emotlDnal and mental health Issues (d) to take over the assets, IlabS1Stles and general undertaklng of the West Ham Central Mlsslon The Mlsslon of Renew Counselling Ltd Through a range of professlonal counselllng and other support servlces, we seek to enable people to: Galn Inslght Into, and understanding of, the Issues In thelr Ilves Explore posslb511tles for change Develop thelr own choices and solutlons Dlscover ways of gettlng to where they want to be Use support and develop strategles to enable them to deal wlth future dlfflcultles Through such actlvlty we alm to enable people to lead more fulfllllng Ilves and contrlbute to the wlder development of family, community and society for public benefit.
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 Our values We believe that: every human belng Is rf unlque O valuable O destlned to Ilve fully- whatever that mSght be We wlll: be non-judgemental - whatever the issue respect age, gender, ethnicity, sexual orlentation and falth provlde the 'space' that counselllng gives offer a response tallored to Indlvldual need We are committed to: honouring the Chrlstian faith and vislon that founded our organlsatlon worklng wlth other professlonals through our tralnlng courses worklng wlthln the Brltlsh Assoclation of Counselllng & Psychotherapy {BACPI Ethlcal Framework reflect these values In our structure. relatlonshlp5 and as an employer Activities of Renew Counsellln9 Ltd In order to achleve the above alms Renew Counselling Ltd uses both strategic and L)perational planning processes, establlshlng prlorltSes for development of the work. The prlmary objective Is the dellvery of accesslble. professlonal counselllng 5ervlces for chlldreni young people and adult5, Renew Counselling Ltd a150 delivers professional training in counselllng chSldren and adolescents. Servlces are currently provlded across Mld and South Essex and East London Boroughs In our own centres and in schools across the reglon. We provide professional tralnlng In counselllng to HE Dlploma and HE Degree level from our tralnlng sulte In Chelmsford as an Academlc Franchise partner of Anglia Ruskln Unlverslty,
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 The Role of Volunteer5 at Renew Counsellln9 Ltd Tt Is important tc mentior the slgnlflcance and the added value of belng a voluntary organisatlon and to recognise the huge contribution made by individuals in meeting our charitable aim. A number of people provide various professional and support activities to enable us to provide services for those In our local communlty. It Is dlfficult to quantify thls In terms of a 'monetary value, In any meaningful way, however without the support of such people Renew Coun5elling Ltd would not be in a posltlon to respond to the needs of as many people as It can, The support Is therefore of Immense value In terms of our capacity to make a dlfference In the communlty. Having a proportlon of voluntary counsellors withln the organlsatlon Is a way of meetlng the Increased demand In servlces where fundlng Is limlted or the cllent's abllity to contrlbute is restrlcted, Allled wlth a pollcy of offerlng placements for tralnees across all areas of our work we have developed a more dlverse staff group wlth the potentlal of developSng personal and professlonal growth through these dlfferent roles and transltlon between them. The move away from purely paid coun5ellor515 In accord wlth our status of charlty and a Thlrd Sector organlsatlon. We are partlcularly Indebted to the followlng groups who made a regular commltment throughout the year: People who have provlded admlnlstratlve and receptlon support on a voluntary basls enabllng us to dellver servlces to people at thelr tlme of need. People who provlded professlonal counselling I therapeutlc supports In terms of dellverlng servlces to Indlvlduals I groups on a tralnee or volunteer basls. People who have glven tlme and expertlse through varlous advlsory and plannlng commlttees, professional consultatlons and also organislng actlvities. In addltion Renew Counselllng Ltd would like to acknowledge the voluntary contrlbutlon made by most of Its pald staff members who demonstrate commltment and dedlcatlon to the servlce over and above contracted hours.
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 Actlvlty 2024 / 202S A total of 1088 clients were seen by Renewing Counselling over the year 202412025 8C 70U 600 684 400 300 376 300 200 lao 27 Adulls Couplcs Chlldrcr¢ & Young School cllents Peni)Ip. 673 cllents seen at Renew Counselling Sycamore Centre 19 306 cllents seen at Renew Counselling Bridge Centre 287 88 366 210 Adults YounLI People & Children C.ouplcs AdLIIts Your)g People & Children Couples 109 clients seen at Renew Counselling Brentwood Centre 200 c&Yp Adults loo c&Yp Adults
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (contlnued) FOR THE YEAR ENDED 31 MARCH 2025 A total of 13,851 Counselling sessions were offered at Renew Counselling 2024-25 Schools 3205 Couples 1 93 Yc)un6 Peoi)lo & Chlldren 4516 Adults 4940 iooo ?0 31J)O 4UUO 5000 601111 Adults • Young People & Chlldrcn • Couples Schools A total of5367 Counselllng Jesslons were offered at Renew Counselllng's Sycamore Centre In 2024- 2025 accross the followlng cllent groups: A total of 4373 Counselllng sesslons were offered at Renew Counselling's Brldge Centre In 2024 - 2025 accross the following clienl groups.. 906 counselllng sessions were also offered at our 30 63 1156 2454 Brentwood Centre to YuLiiig people LinLI 1889 4148 Adults Youiiq Pcoplo & Children Couples Youiig Peoi)le & Cl)il(Ireii Couples 2024125 Number of students enrolled at Renew Counselling Diploma IHE) Counselling - Children & Young Person in April 2024 Number of students on Renew's Coun5elling Diploma (HE) Coun5elling . Children & Young Person for April 2025 15 12 io ! io 13 11 Year I Year2 Year3 Yea[4 Dlploma Diploma Diploma Dlplom Degree Year 1 Year 2 Oiplorna Diploma Year 3 Year4 Diploma Dlploma Degree
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 Alm ol Renew Counselling Ltd Our aim is to enable people to easlly access affordable counselling, In order to do thls we wlll.. Make Informatlon about our services easy to find by contlnuously updatlng the Informatlon on our webslte and by regularty malllng information about our services to local health professlonals, Ilbraries, educatlonal establlshments, youth servlces, local churches and communlty centres Provlde tralnlng and Informatlon sessions to local churches Malntaln good relatlonshlps with other key stakeholders in the field of mental health Develop and expand our seNices where possible conslderlno suggestSons made by our exlstlng servlce users Contlnue ta offer counselllng at a range of communlty locatlons such as Ilbrarles and to extend these where possible Contlnue to provlde counselllng servlces durlng evenlngs Ensure that we can provlde accommodatlon for cllents wlth disabllltles - elther In our prem15es or by hlrlng suitable alternatfve rooms If the degree of disability prohibit5 the use of Dur own Provlde Interpreters where the Tange of languages spoken by our own counsellors Is Insufflclent - Includlng BSL and ESL if necessary Ensure we seek funding to support those on low-incorne or beneflt through the provlslon of funded counselllng Contlnue to develop our tralnlng courses and obtsln BACP accredltatlon fDr our Dlploma Course
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 Statement on Publlc Benefit The object, alm, mlsslon, achievements and performance sectlons of this report clearly set out the actlvltles whlch Renew Counselllng Ltd undertakes for the public benefit. The Trustees conflrm that they have complled wlth the duty in sectlon 17 of the Charltles Act 2011 to have due regard to the publlc beneflt guidance published by the Commlsslon In determlnlng the actlvltles undertaken by the Charlty. The Councll of Trustees makes the followlng ObSeatIon on the two key prlnclple5 of publlc beneflt. Prlnclple 1: There must be Identlflable beneflt or beneflts la It must be clear what the benefits are: The clear beneflts provlded by Renew Counselllng Ltd are dellvered through the seNlce dellvery areas of counselling centrès and assoclated project5 provldlng profe5slonal accredlted counselllng and tralnlng - InStlal and contlnulng professlonal development to those worklng wlth chlldren and young people whSch are descrlbed elsewhere in thls report and reflected In the allocation of resources expended set out in the Statement of Flnan£lal Actlvltles. 1b The beneflt5 must be related to the alms: Renew Counselllng Ltd alms to support people In East London and Essex who are experlenclng personal, emotional or mental health problem5to overcome or respond tnore effectlvelyto them. All beneflts derlved are con5equentlal to thls alm, 1c Beneflts must be balanced agalnst any detrfment or harm: Our service delivery rnodel PTinclpally uses qualified counsellor5, we also have counsellors who have progressed sufflclently In thelr tralnlng to be able to undertake placement actlvlty, who are required to have regular clln5cal supervlslon and work to the British Association for Coun5elling and Psychotherapy (8ACP} Ethlcal Frameworkforthe Counselllng Professlons 2018 to ensure that there Is no detrlment or harm caused, Renew Counselllng Ltd Is accredlted by the BACP which requlres that our pollcles, practlces and structures are such as to meet the standards set out In the Ethlcal Framework for eth Counselling Professions 2018. Thls ensures that cllent welfare and wellbelng are paramount. Risk is constantly reviewed In clinlcal supervlsion, rlsk reglsters are malntained withln Counselllng centres and referrals made to statutory mental health servlces where necessary. Prlnclple 2: Beneflt must be to the publlc or a sectlon of the publlc The beneficiarles must be appropriate to the alm: The beneficiaries are children, young people and adults living within East London and Essex, which directly accords with oui object and aim. 10
2b Where the beneflt Is to a sectlon of the publlc. the opportunlty to beneflt must not be unreasonably restricted by geographical or other restrictions: or by the ability to pay any ftes charged: The reports from the Counselling Centres demonstrate thatweare dellvering services to children, young people and adults across East London and Essex. A small amount of this work is funded by statLJtory bodies, and through grants and is therefore 'free at the point of delivery, to clients. Where clients approach us directly for counselling which doesn't fall within the remit of such contracts fees are calculated on 'an ability to pay, basls, although the true cost of ses51ons Is made clear. A minimum fee operates in order to ensure that clients properly 'own,' commit to and value the therapeutlc encounter. The Councll of Trustees are content that thls Is In accord with the BACP Ethical Framework for the Counselling Professions 2018 and that our fees do not preclude from recelvlng counselling. Indeed clients who are unable to acces5 counselllng and therapy elsewhere are enabled to do so through Renew Counselllng Ltd. 2c People In poverty must not be excluded from the opportunlty to beneflt: People In poverty are the reason forthecharlty's existence as Is set out In the object. As reported above many of our cllents are unable to access professlonal accredited counselling and therapy elsewhere, 2d Any prlvate beneflts must be Incldental: In order to provlde counselllng and therapy to a professlonal level and support the extenslve service that are delivered, Renew Counselling Ltd employs and remunerates staff, This benefit to staff Is Incldental as thelr employment Is essentlal to carry out our charltable alms. Financial Revievv The statement of financial activitie5 show15 a deficit of (£161.034) for the year compared wSth a deficit of {£27,410) for 2023124. Renew Counselllng Ltd has been partlcularly fortunate In 202412025 to recelve a number of generous donatlons and legacles whlch have contrlbuted both to supportlng work wlth those that cannot afford to pay the full cost of counselllng. Income generated The Income recelved by the charlty Sn the year is broken down as follows: Contrlbutlons recelved from cllents: Donatlons from supporters and legacles Investment Income (Includlng rental income): Grants, Tralning and Servlce Level Agreements: £416,164 £ 16,362 £ 240,194 £ 204,656 Renew Counselling Ltd is indebted to the generoslty of the numerous Indlvlduals, churches, communlty groups, grant making trusts, companies, and statutory commissioners for the continuing Support Df its work. In particular we would like to thank our anonymous supporters and the following: li
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 Income generated 202312025 Trusts & Foundotlon5 The SMB Charltable Trust Ebenezer Trust LCVS Wldford Lodge School Essex Community Foundation Statutory Mld Essex CCG Basildon and Brentwood CCG Essex County Councll Fundralslng approach and performance The charlty undertakes fundralslng actfvlty to Its SUPPOrters via dlrect malllng two or three tlmes each year In Ilne wlth the Fundralslng Code of Practlce set by Fundraising Regulator. Our fundraising promlse Is,, When you supportyou con be sure of thefollowing.. We wlll never 5ellyour ccnlact detalls to anyone We wlll only contoctyou Ifyou hove expressed an Interest In our work fyou ask us to change how we communlcate wlthyou. or stop, we wlll respect that We try hard to ensure no one ever Jeets pre55urlsed to support our work Our overall fundralslng was more focussed thls year. In Ilght of the pandemlc, we were fortunate to recelve support from Essex Community Foundatlon, who supported us wlth appllcatlons to their fund partners. No complalnts were recelved bythe charlty or a person actlng on Its behalf on actlvltle5 by the charlty or by a person on behalf of the charity for the purpose of fundraising. Key Management Remuneration The trustees consider the senior management team, consisting of the Chief Executlve, Counselllng Managers, Senior Offlces Manager and Pathway Leader {Tralnlng), cornprlse the key management personnel of the charlty of dlrecting and controlling, running and operating the Charity on a day to day basls. All trustees glve thelr tlme freely and no dlrector recelved remuneratlon In the year. The pay of all staff Is revlewed annually and normally Increased in accordance with average earnlngs to reflect a cost of livlng adjustment. The total emoluments of the Senlor Management Team are £176,316. (2024,, £168,90DI. 12
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Investment pollcy and objectlves Renew Counsellin9 Ltd hold5 funds in Inve5lment property and stocks and shares as a result of endowments made to the charlty over Its long history. The endowment fund Is utilised to generate much needed income to enable the charlty to extend its services to those who cannot afford to Meet the full cost of counselllng, Our investrnent managers are instructed to maximise income while safeguarding the value of the assets under management and to invest onty in those holdlngs, whlch are compatlble wlth our soclal and ethlcal standpolnt. Investments performance against obj'ectives - Renew Counselling Ltd derives investment Income from a portfollo of equitles and bonds managed by Investment managers (detalled on page 2) and rents from freehold property in Plaistow E13 and Chelmsford, Essex, Fund Accountlng and Reserves Pollry Funds whlch are represented by the legacy of property over the long hlstory of the charlty are accounted for in the expendable endowment fund. The charlty depends upon the Income generated by Its expendable endowrnent te fund the provlslon of counselling to those In need who are unable to contrlbLtte to meetlng the fLJII cost and wlthout thls Income Renew Counselling Ltd would not be able to carry out its current charltable actlvltles. In accordance wlth Accountlng and Reporting by Charities Statement of Recomrnended Practlce (revlsed) the endowment fund Is excluded from the reserves of Renew Counselllng Ltd. It remalns the policy of Renew Counselling Ltd that flee reserves (i.e. funds not commltted or Invested In fixed assets) should be at a level of between three to slx months expendlture, whlch equates to between £266,874 and £533,749. At thi5 level. current activities could be contlnued Sn the short term In the event of a slgnlflcant drop In fundlng. In such clrcumstances there would be an urgent need to conslder how the funding could be replaced andlor the act5vltles changed. At present the surplu5 of free reserves, stands at zero {2024: £121494). The free reserves have decreased and are below the mlnimum target set by trustees. However, the Charlty has a cash Investment wlthin the expendable endowment, and the trustees have agreed to call upon the cash balance, or sell the Charity'5 investment property over the next 6 months, If requlred to alleviate any operational or cash flow Issues that arlse, The Charlty Is also worklng to Increase Income through its trainin9, schools and contract stieam5. Future Strategy To develop our work wlth eating disordered clients To Increase the number of students on our tralnlng courses To ensure the sustainability and further development of the charity through developlng our fundraislng and communlcations strategy 13
RENEW COUNSELLING LTD REPORT OF THE COUNCIL (continued) FOR THE YEAR ENDED 31 MARCH 2025 Trustees. Responsibilitles Statement The trustees (who are also dlrectors of Renew Counselllng Ltd for the purposes of company law) are responsible for preparlng the Report of the Councll and the financlal statement5 In accordance wlth appllcable law and United Kln9dom Accounting Standards (Unlted Kingdom Generally Accepted Accountlng Practlce). Company law requlres the Trustees to prepare financlal statements for each flnanc5al year whlch glve true and fair vlew of the state of affalrs of the charitable company and of the Incomlng resource5 and appllcatlon of resources, Includlng the Income and expenditure, of the charStable company for that perlod. In preparlng these flnancial statements. the trustees are requlred to: Select sultable accountlng pollcles and then apply them conslstently; Observe the methods and prlnclples In the Charltles SORP; Make Judgements and estlmates that are reasonable and prudent., State whether appllcable UK Accountlng standards have been followed, subject to any materlal departures dlsclosed and explalned In the flnanclal statements,. Prepare the flnancial statements on the going concern basls unless It is Inapproprlate to presume that the charltable company wlll contlnue In buslness. The Trustees are responslble for malntalnlng proper accounting records that dlsclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the flnanclal statements comply wlth the Companles Act 2006. They are also re5ponslble for safeguardln9 the assets of the charitable company and hence for taking reasonable steps for the prevention and detectlon of fraud and other Irregularltles. In so far as we are aware: There Ss no relevant audlt InformatSon of which the charitsble company's audltor is unaware; and The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audlt Informatlon and to establish that the audltor Is aware of that Informatlon. Audltors The annual general meetlng confirmed the appointment of Clemence Hoar Cummlngs as audltcrs, This report has been prepared In accordance wlth the Statement of Recommended Practlce: Accounting and Reportlng by Charitles (FRS 102) (Second edltlon effective 1$1January2019- Icharltles SORP (FRS 102)) The Trustees have prepared thls report in accordance with the speclal provlslons of Part VII of the Companies Act 2006 relatin9 to small companies. Approved by the Councll of Renew Counselling Ltd on l De(tyrttrSand signed on its behalf by: Tim Rose (Chairman) 14
INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS AND TRUSTEES OF RENEW COUNSELLING LTD LTD LIMITED Independent auditor's report to the members of Renew Counselling Ltd Opinion We have audlted theflnanclal statementsof Renewcounselling Ltd fortheyear ended 31 March 2025 which comprise the Statement of Financlal Activitles. the Balance Sheet and the Statement of Cash Flows and notes to the financlal statements, Includlng a summary of slgnlllcant accountlng pollcles.The flnanclal reportlng framework that has been applled in thelr preparatlon Is applicable law and Unlted Klngdom Accountlng Standards, Includlng Flnanclal Reportlng Standard 102 The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland Iunlted Klngdom Generally Accepted Accountlng Practlce). In our oplnlon. the flnanclal statements, glve a true and falrvlew of the state of the charitable Company'saffalrs as at 31 March 2025 and of the charltable company's net movement In funds, Including the income and expendlture. for the year then ended,, have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted Accountlng Prartlce,. and have been Pfepared in accordance with the requlrements of the Companles Act 2006. Basls for oplnlon We conducted our audlt In accordance wtth Internatlonal Standards On Audltlng {UK) IISAS (UK)) and appllcable law, Our re5POTlSlbllltle5 under those standard5 are further described In ihe Auditor's responsSbllltles for the audlt of the flnanclal statements sectlon of our report. We are Independent of the charlty In accordance wlth the ethlcal requlrements that are relevant to our audit of the financial statemenls in the UK, Includlng the FRC'S Ethlcal Standard, and we have fulfllled our other ethlcal responslbllllles In accordance wlth these requlrements. We belleve that the audlt evldence we have obtained is Sufficient and appropriate lo provide a basls for our Dplnlon. Concluslons relatlng to golng concern In audltlng the flnanclal statements, we have concluded that the trustees. use of the 9oln9 concern basls of accountlng In the preparatlon of the financial slalements is appropriate. Based on the work we have perfarmed, we have not identified any material uncertalntles relatlng to events or condltlons thaL Indlvldually or collectlvely, may cast slgnlflcant doubt on the charltable company's ablllty to contlnue as a golng concern for a period of at least twelve months from vthen the flnanclal statements are authcrlsed for Issue. Our re5ponslbllltles and the responslbllltles of the trustees wlth respect to golng concern are descrlbed In the relevant sectlons of thls report. other Informatlon The trustees are responslble forlhe otherlnformatlon. The other Infomiatlon cornprlses the Informatlon Included In the Report of the Councll. Our oplnioTr on the financial statemenls does not cover the other informatlon and, except to the extent otherwlse expllcltly stated In our reporL we do not express any form of assurance con¢luslon thereon, In connectlon wlth our audlt of the financlal statements, our responsiblllty Is to read the other Informatlon and, In dolng so, conslder whether the other Informallon Is materially inconsistent with the financial statements or our knowledge obtalned In the audlt or otheThvlse appears to be materlalty mlsstated. If we Identlfy such materlal Inconsistencie5 or apparent material misstatement5, we are required to detertnine whether there is a material mi55tatement in the flnanclal statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of thi5 Other information, we are required to report that fact. We have nothlng to report In thls regard. 15
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF RENEW COUNSELLING LIMrrED (Continued) opinions on other matters prescribed by the Companies Act 2006 In our oplnlon, based on the work undertaken In the course of the audit: the information given in the Report of the Council (which includes the directors, report prepared for the purposes of company law) for the1Snancial yearforvthlch the financlal statements are prepared Is consistent with the financlal statemenls; and the dlrectors, report Included wlthln the Report of the C¢uncil have been prepared In accordance wlth appllcable legal requirements. Matters on whlch we are requlred to report by exception In the Ilght of the knowledge and understandlng of the charltable company and Its envlronment obtalned In the course of the audlL we have not Identlfled material misstatements in the Report of the Councll (whlch Incorporates the dlrectors, report). We have nothing to report In respect of the followlng matters In relatlon to whlch the Companles Att 2006 requlres us to report to you If, In our oplnlon.. adequate accountlng records have not been kept by the ¢harltable company,. or the charltable company flnanclal statements are not in agreement wlth Ihe accounting records and returns,. or certaln dlsclosures of trusteés, remuneratlon speclhed by law are not made,, or we have not received all the informallon and explanatlons we requlre for our aud1( or the trustees were not entltled to prepare the flnancial statements In accordance wlth the small companles, reglme and take advalltage of the small companles. exemptlons In preparing the trustee5' report and from the requlrement to prepare a strateglc reporL Responslbllltles of trustees for the flnan¢lal statements As explalned more fully In the trustees. re5ponsibllSties statement set out on page 14 the tru5tee5 Iwho are also the dlrectors of the charltable company for the purposes of company law) are responslble for the preparatlon of the flnanclal statements and for belng satisfied that they give a tnje and falr vlew, and for such Internal control a5 the trustees determlne 15 necessary to enable the preparallon of flnanclal statement5 that are free from materSal mlsstatement, whether due to fwaud or error. Ln preparlng the flnanclal statemenls. the trustees are responsible for assesslng the charltable company's ablllty to contlnue as a golng concern, dlscloslng, as appllcable, matters related togolng concern and uslng the golng concern basls of accountlng unless the trvstees elther intend lo liquidate the charltable company or to cease operitlons, or have no reallstlc alternatlve but lo do 50. Auditor's responslbllltles lor th¢ audlt of the financlal statemént$ Our objectlves are to obtaln 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 audltols report that Includes our oplnlon, Reasonable assurance Is a high level of assurance but Is not 3 guarantee that an audlt ccnducted In accordance wlth ISAS (UK} will always detect a materlal mSsstatement when It exlsts. Mlsstatements can arlse from fraud or error and are consldered materlal If, Indlvldually or In the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basls of these flnancial statements. Irregularities, including fraud, are Instances of non-compliance with laws and regulatlons. We design procedures In Ilne with our respon5ibilitles, outllned above. to detect material misstatements in respect Df irregularitie5, including fraud. The extent to which our procedures are capable of detectlng Irregularlties, including fraud is detailed below,, Based on our understanding of the charrtable company and the environment in whlch It operates. we identlfied that the princlpal rlsks of non-compliancewlth laws and regulations related to the regulatory requirpments of the Charity Commission. and we considered the extent to which non-compliance mlght have a materlal effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statement5 such as the CompaniesAct 200& the Charities Act 2011, payroll tax and sales tax. 16
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF RENEW COUNSELLING LIMITED (Continued) We evaluated management'5 incentives and opportunities for fraudulent manlpulatlon of the financlal statements {including the risk of override of controls), and determined that the principal risks were related to the posting of Inappropriate Journal entrles and the recognitlon of income at the year-end. Audlt procedures performed by the engagement team included: Inspecting correspondence with regulators and tax authorities: D5scusslons wlth management Including conslderatlon of known or suspected Snstances of non-compliance with laws and regulation and fraud.. Evaluatlng management's controls deslgned to prevent and detect Irregularltles; Reviewlng minutes ofTrustees meetings during the year; Identlfylng and testlng Journals, In partlcular journal entrles posted around the year-end,. and Challenging assumptions and judgements made by managemenl in thelr critical accountlng e5tlmates. Because of the inherent limitations of an audlt, there Is a rlsk that we wlll not detect all irregularltles. Includlng those leadlng to a materlal mlsstatement In the flnanclal statements or non-compllance wlth regulatlon. Thls rlsk Increases tlie more that compliance wllh a law or regulatlon Is removed from the events and transactlons reflected In the flnanclal statements, as we wlll be less Ilkely to become aware of Instances of non-compllance. The rlsk Is also greater regarding irregularities occurring due to fraud rather than error. as fraud involve5 intentlonal concealment, forgery, colluslon, omlsslon or mlsrepresentatlon. A further descrlptlon of our responslbllltles for the audit of the financlal statement5 Is located on the Flnancial Reporllng Councll's webslte at: Thls descrlptlon forms part of our audltor's report. Use of our report This report 15 made solely lo the charitable company's members, as a body, In accordance wlth Chapter 3 of Part 16 of the Companles Act 2006, Our audSt work has been undertaken 50 that we mlght state to the charltable company'5 members those matters we are requlred to state to them In an Audltor's report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responsiblllty to anyone other than the charitable company and the charltable company's members, as a body, for our audlt work. for thls report, or for the oplnlons we have formed. Davld Belbln Bsc BFP FCA DChA Senlor Statutory Audltor Clemence Hoar Cummings Chartered Accountants and Reglster Audltors 1-5 Como Street Romford RM7 70N 17
RENEW COUNSELLING LTD Stslement ol Flnanclal Aetlvltle$ For tha @ar andèd ]1 Uaich 21)25 lInrlGtsd Funds ExpondAble Unrothiclfftd IDÉrn8IedD Restricte41 Elldowmvnl Notei 2Q25 Totol 2024 Total INCOME ON: Donations and l•Gaclfjs In¥estrn•nl Ineom• 1Q302 24fy191 113$2 240,194 18,393 339.889 Ch•rltabl• acllyltl•b'. Grw13. Iralnlng & Se¢0 l•wl •grMInIS Fi85 r•c•lwd 204,6Sff 441164 200.003 802,906 411.1 30.fj00.00 Total Incom• 677.376 3O.ODD.00 gJ7,37e 1,061,241 EXPENDITURE FROM,. Co of g•n•ratlng fvnd8 CoBis ol 9gn$r8lln9 wlunlory Iom• Charllabl• 8¢tl¥ltl•• Coun6elllfig seAIce8 Educallon and irnlnlNd 117,753 14,1771 (21,9301 121,8061 1789)01 1230.997> 124IM) (B14.S711 I230,9) 1841,8421 1226,4041 Tolal •xpondltur• 4,177 1,017 498 Net exp•ndltu leo 122 27,410 Net qxpelldlturo bolore Ofhor rgcognlMd golnsllo•Mi 157.274 ,177 1BO.122 27.410 Othqr r•cognl••d 04lns Il<Jtt•• Qalnlllo&81 on mlutIon I ol lrn•slm•nls Rao116od G8lnlllo561 (9131 2,418 N•t mov•m•nl In fund• V6T.2741 1,329 1S,OPDI 1101.0301 124,9921 Tr4n¥f•r• b•M••n lund• 1.Sfj1,735 {1.329l (1.061,7)151 Funds broughl f¢N4ar 131.692 5.Y49.479 ,011,IT1 5,90Q163 Fundg oarrled forward 24.2$3 1.061.7 4182,654 J,72CI,136 5,881,171 All Incom• and •xpendllur• from ¢oJ)1lnrwj 111106. ¢h•lly has n•llh•r opwlons nordSWld 8ny of 11$ Comm¢&d n6w ono8 In thè y•ar. Nts $epar3t$ inoome •xwndllure QCCOLml Bg iewed je1 Ihe coMnIeS Aci 2006 h99 t V•8•nl•d. the nel mgwmgnl In bJnd$ ¥x¢ludlng Iho endowmenl d•lkll1£169.669112024.'1È27.410K •8 delnod lh• Ccmpanl6$ Ael. wllsed and thè Im•slmonl mÈnwm•nl foès £4.176 <))24: £3.7741 Th• nDI•s on pages 21 Ic 32 6)rffl an Inl•yal part d thes• FlnKlal siemnts. 18
RENEW COUNSELLING LTD Company Number. 04099810 Balance Sheel A8 at 31st March 2025 Notès 2024 Fixed a559ts T8nglble flxed assets Inva8tm8nl propgrt188 In8tment8 at market value 1,$6S,114 4,125,000 7,959 5,708,073 1,596,933 4,125,000 18,872 5,740,805 Current assets Debtors Cash 89,965 121,905 211,870 94,851 221,386 318,037 10 Curr•nt Ilabllltl Credltors 175,496 151,133 N•t curr•nt a89018 ,375 184,904 rm 118bllltles Bank loan 11 (24.312) (24,538) Nel assets 1720.138 5.881,171 Expendabl6 Endowment Fund8 12 Unrestricted Funds (Generel) 12 Unrestrlcted Funds (Deslgnated) 12 Totsl Fund8 4,182,654 (24,253) 1,561,735 S720,136 5,749,479 131,692 5.881.171 Approd on b&hall cfthe truste8s on ........ Tr•a$urer Jo Ra8$¢11 Chalrman T Rose The financi81 st8t8tnonts have been Prepared in accordance wlth the special Provisions relating to companies subject to the small companies regime Wblhin Part 15 of th8 Crmpanies Act 2006 The notes on pages 21 to 32 form an Inteal part of th Financial Stalements. 19
Re new Counselling Ltd and the for the year ondèd 31 March 2025 Con801idalod Statement of Cash Flows 2025 2024 Notes Cash flows from operatlnq actlvltl•$ (99,675) (3S,5961 Cash flow8 fyom Investlng actlvlll•8 DIendS and Intere81 Purchase of property, plant and equipmenl Sale of property 194 189 (7,0811 Nat cash provldod byl(u8ed In) InV•Ing acllvltl•8 193 {6,872) Chan00 In ¢osh and Cash •qulval•nts In the r¢porflng p•ilod Cash and ¢a$h oqulvalont8 at tha b•glftnlng of the réportlng p•rlod Cash and cash oquival8nts at the end of Ihe rèporting period {99,481) 221,386 121,905 (42,4681 263,854 221,386 NOTES TO THE CASH FLOW STATEMENT 2D26 2024 Reconclllatlon of Net expcndlturo lo Net Cash Flow from Operatlng Acllvltles N618XP8nditure for th8 r8POrting period Depreclatlon charges Interest and DIdendS Decre888 in debtor8 {De¢rea8eyln¢rease In ¢dItorS {16D,120) 31,820 1194) 4,884 24,135 (27.409) 37.342 (189) 4.612 (49,962) 11 Net ca8h provid•d byl (u80d in> operallng acllvltl•• (99,875) 35,596) Analy81$ of Cash and Cash Equlval¢nts 2025 2024 Cash at bank and In hand 10 121,905 221,388 121,905 221,386 The notes on pages 21 to 32 form an Integral part of Ihese Flnanclal Statements. 20
RENEW COUNSELLING LTD Notes lo Ihe accounts For thè ar ènded 31st March 2025 1. ACCOUNTING POLICIES Th8 principal aGcountlng polici8s ark)pled. juthJgm8nts armj key 8<)urces of estimation uncertainty in th8 preparatlon of the flnanclal stalements aro as foll0v. Ba818 of preparatlon The ffinancial statements ha%fj b88n pwepared in accordance with Accountirw ar Reporting by Charitles: Statement of Recommended PraGtIGe appllcable to charttles preparfry their accounts In accordance wtth the Flnancial R8POrtln9 Standard applicable in the UK ar¥J Republic ol Ireland (FRS 102) {Charttles SORP (FRS 102}) Second Edlllon 2019. the Flnanclal Reporllrs Standard appllcable In tha UK and Republic of Ireland (FRS 102) and th& Compani8s Act 2CK)6. Th8 Charity me8t8 the d8finilion of a public b8n8fi1 enlily und8r FRS 102. A88818 and liabilitieB are initially recognlsed at hlstortcal cost or transactlon NBlue un16SS OtheThse slated In th6 rele%Bnt accountlng pollcy nata(8). Préparatlon of account8 on a golng conc•m bad8 The trustees conslder lhe no materlal uncertaintles. The reoW of our Ilnanclal posltlon, resems levals and kntur8 plan8 gi8 Truste8s confid8nc8 tha charily r8main8 a goirvJ conc8m lTrx th8 fDre888ab18 tUr&. {1) Income rocoonltlon Incam8 camprises donalions, irlUding und8r Gift Aid, gran13, g0Mment gtanls, 18gaci8B, f888 recelbEd from counsolllng and ISnIng. and InsIment a1 rental income fThxn endovrnd funds. Donatlons. legacles and grants a recognlsed when rP1S16 probable. can be m8a5ur8d acGNately nd legal &ntitit8d to the Income. All olher Income18 credlled lo Ihe slatement of financlal aCtItIeS on an acGruals basls. kn aflStlon. Renéw CncelI1ng recalS hélp and support In th8 fonn Of lUntary 88818t8nce and don811ons olgoods. (Jvlno lo fh8 dfficully 01luIr@ Ihls help Bnd support, 3uoh Stems are not Sn¢luded In th¢ ftnanclal 8lalemenl8. (111 Exp¢ ndltur• All expendltur• Is In¢luded on Iho stalemonl of Qnanclal ac111108 on an accruals bas[$ and Is recognl8ed when there18 8 leg81 or construcli obllgatlon Io pay for expendlture, All costs he allo¢at•d botw¢8n tho •xpondlIu categorfas ol tho Stalemont of Flnanclal AC11118$ on a basls deslgned lo reflect the use ofthe resource. Costs relstlng to a partlcular actilY are allocated direclly, others are 8PPOrtloned on an approprlate Cosl of g8neratlng frJnds Includes Iha costs assoclaled wllh allracllng lUnlary and Invastment Inooma. Charftable expendllure comprises those cosls Incurred by the ¢h8rlly In the dellY¢ry of coun8elllng so¢$ lo 11$ beneficlarlos, and educallon ai)d Iralnlro acti11•$. Gowmanc& ¢o$ts Includo thos• eosls asslxialod Mrfth me•tiNJ the constitutlonal and Slatutory requlrements and those linked with the slrategSc management of the charlly. The charfly Is not reglslered fi)r VAT and 8¢¢dIn@lY expendtture Is gffjss of Irre¢orable VAT, (111) Flxed assets Exp9nditure on IT equipment is included in the balance sheet al cost Expendlture on oth8r ffixed assets is atten off lo the slatement of financial actlmlies in the year of acquisition. 21
RENEW Col5&uNG LTD Notes to the Accounts Contlnued For the ear ended 31st March 2025 (iv) Depreciatlon Depreci81ion is Charged on freehdd prowly eX¢Ij1ng1end to vthte ¢)ff the ¢ost of bulldlngs or 50 years, Depreclallon Is charged on rr equlpment to wiite off the cost ow three years. (v) Invomonts Llsted InstMentS are Included on balance sheet al market lue al Ihe balance sheet dale. Galns and10s80s cn rakgluallon and on the sal6 of listed Inw8tmanl8 are Intsludod on the Statement of financial actiMtie8. No unlisted in81Ments 8r8 h81d. InStMent property Is Inltlaity m6asured at cosl, IncludlrffJ rolated transactlon costs. Includlns related transactlcn costs. After Inltlal re¢ognltlon. In*slmenl property Is canled at falr lue detem)Ined annually ellher by external waluors or by iha In1&S and deThlad from the CLmnt markat rant8 and InKestment property yields for COMp8bIg re81 est8te and 8djusted if nece888ry for 8ny diffet8nc8 in the natur8, location or condltlon of the speciflc asset. No deweclatl¢)n Is pded. (J)anges In falr lue are recognls8d In the Statement af Financlal ActIlIes. () Fund Accounllng Funds held by the charlly 818 ellhw.. Unr8slrictad g8n8r81 lundB Nthich c8n ed In Mfjlh Ren8w Couns8lllng'8 obl8cl8 8t th8 dlscr8tlon of the trustees. Restrlcted fvnd5 that can be used only br Certaln r6strfcled purposes rfthln Rgnew Counselllng s objects. Expendable Endowment Funds which repr88enl Ihose assets that ha¥e b8en endowed to the Charfty and which 8re h8ld to 9en8r8le Irome to 814)port the Opting cos18 of Renew Councelling. The Ch8rlty would nol be able to C8rry fAIt Its ¢urMt ¢h8rftable act111¢5 thout the walueble contrfbutlon of the InGIent Income gerated from Ihe expendable ertdowment. Flnanclal In8truments Tre charlty only has finenclal assets w)d finarKlal Ilabllltles of a klnd that quallfy as ba$lc flnanclal Instruments. Baslc financlal Instrum¢nts. Includlng trad• and olhar deblors and cr8dltors are Inltlally accounted for at their Ir8ns8Ction pric8. Operatlng leasa8 Rental charg88 ar8 charged on a stra6ghl lin& basis 0r Ihe life of the lease. Funds Unrestdcted fvnds are donatlons and 1 Income reco110 or gerwted for the obj9Cts of the ¢harity. Designated funds are unrestricled fuwKls 888[ked by Ihe tnJst88s p8rlicular purposas. Restricted ftjnds are those funds thich are to be used in accordance with specific instructions Imposed by the donor or trust deed. Transfer funds 8gre8d lunds th81 h&e bn mOd beith Unrestricled and Designated fijnds 22
Renew Counsellln Not88 lo the Accounts Continuad For Ihe ear ended 31st March 2025 Employee beneflts short lemi beneflts Short term benefits includlng hollday pay 8re recognlsed 8s an eXpse In Ihe perlod In whlch Ihe seCe Is receld Employoe tormlnatlon bon¢llts Termlnatlon beneflts are accotsnted for on an accrual basls and In Ilne rfth FRS 102. Ponslon scheme R8n8w cnSellIng operales a defined contrlbullon penslon scheme for the benefit of Its employees, The a88ets of the scheme are held lndekWen1lY from Ihose of Renew In an Independently adm5nlsiered fvnd, Th6 penslons costs ¢harged In lh6 ffinanclal statement8 reprasant the conlrlbullons p8y8ble during lh8 year. Logal 8talu8 Renew Couns8lllng Is a company Ilmll8d by guarante8 reglslered In England and Wal88 rBglslratlon nurnber 04099810 and has no share c8pilal. In the e11 of Ihe chat(ty belng ¥Und up, the Ilablllly In respect of the guarantee Is Ilmlled to £1 per member of Ihe charfty. E6tlmate8 and Judgements Estlmales and Judgements awe contlnually elUated and are based on hlstodcal exp8rlenc8 and other factors, Includlng expectallons of luture ewils that are belIed lo be reasonabl& under the clrcumstances. Although Ih88& estlmat68 are based on lh8 tT118tee6' best knth8dg8 of Ihe amounl, entS or actlon8 actua results ultlm81ely dlffer from these esllmales. The InNestment property h83 been valuse basls on a recent Sale of 4Jne of the propertles and the other two dlued on a desktop basls 23
Ronow Coun8èllin Ltd Conllnuéd ar èndéd 31d March 2025 For th8 2. INCOME ON: Unrosl¢téd R8slricted 2025 Total 2024 Tolal Counselllng ActilIeS School8 30,443 30,443 41.824 Educatlon & Tralnlng Anglla Ruskln UnIr511Y 174.214 174,214 158,239 Fee Income 416,164 30.000 446,164 602,906 3. Invath•nt Incomé 2024 R8nl rec8l%obl8 DIdend Income 240.000 239,700 189 4. EXPENOITURE FROM: 2025 2024 Totsl Tot81 Cos18 dlr•ctly allocated lo a¢tlvltles Staff ¢0818 & f•&s Communlcallons RruItMent Volunteer Expenses Audit Fe88 Dlrect Dlrocl Dlr8Gt DlreLt Direol 4,554 549.644 160.483 3.248 91,045 79J,826 5,084 5,743 794, 773 056 43to 169 14, 780 4,140 13,200 13,200 8upport coal• allocal•d to o¢tlvltlq8 Admlnlstratlon costs Premlses costs Legal & Professional Depreciallon Bgnk Charg08 G0ManCe Recharged Slaff Ilme 9,655 4,176 Usage Usage Usago 13.584 20,029 54.809 12,751 5.511 31,820 2.109 124 151.218 42,883 (197.398) 80,278 12,761 127,722 80,311 5,511 31,820 2,481 129,832 86,059 13,863 57,342 3, 508 248 Total expendllure 17,753 4.176 814,571 230.997 1,OB7,498 1.088,651 Resourc8s expendilure are directly all(Ka1 to thè &tNttes to V4hith rdate PDssible rather than on a notional percentage basis a5 in pre¥10 yeas. A(kniThstration tsts Premlses costs ha been apportioned lo Iha usage. LwJal & Professlonal fees ar8 aCcrd to the amounted charged. Depreclatlon relates wholly to bulldlngs occwied ky crellIng SICes. Bk Charges hawE been apportSoned as a percenlagg ol t1 total cA)sl. 24
Renew Counfellin Ltd Nol68 to tho Accounls Continued For Ihe ear ended 31st March 2025 EXPENDITURE FROM: 2024 Tolal Co*8 dlrectly allocat•d to actlvltla8 staff costg & fees Communlcatlons Recrultment Volunte8r Expenses Audit Fe88 556,677 148,007 3,396 1,659 2,210 1,100 169 85,703 794,773 5,055 3,310 169 14,760 Dlrect Dlrect Direct DIr1 14,760 Support CO8t8 allocated to actlvltles Admlnlstratlon costs Prem189S Costs L8g81 & Profession81 D8preci8tion Bank Charges Govaman¢e Re¢herged staff Ilme 9.931 3.774 U88ge U88g8 Usage 13.722 61.999 13.863 37.342 22,63B 12.020 19.767 12.D20 12P,B32 86,039 13,863 37,342 3,508 351 3,163 175 149,282 39,980 {192,4251 Total Resources expended 17.831 3.774 841.640 225.404 I,OB8,051 25
RENEW COUNSallNG LTD Notes to Ihe Accounts Contlnued For th8 ar 8nded 31st March 2025 5. Net Incom• for the Year 2025 2024 Th1818 818ted after charglng: Depreclallon Audltors, remuneratlon 31,820 13,200 37,342 14,760 6. Tanglble flxed assets Freehold Propeity Equlpment Sadlor8 Housa Chelmslord Total Cost or Valuatlon As al March 2024 1,7e8,OOQ 97.696 1,B66,69e Di8P0881 Additlons As at March 2025 Dopraclatlon As at March 2024 Dlsposal Charge for year 176,800 91.963 268,763 29,465 2,354 31,819 A8 at March 2025 Not Book Values As at March 2024 1,$91,2CiI 5,733 1,596,933 As at March 2025 1,561,735 3,379 1,585,114 26
RENEW COUNSELLING LTD Notss to the Accounts Continued For tho 8ar ended 31st March 2025 7. Inv88tm8nl Propèrtia8 Commarclal Rosldonilal Property Property Totsl Co8t or Valuatlon As al March 2024 Rewdluatlon 3,4(K),o 725.CKJO 4,126,000 A8 at March 2025 3,41)0.1100 725,000 4,125,000 RlUatIOn As at March 2025 Nel Book Values As 8t March 2024 3.4(KJ.(xJo 725.000 4,125,000 As at March 2025 3,400.000 725,000 4,125,000 The Comm8rcial prop8riy w8s lUed by mcl)all8 Suwor8 Llmlled on 9th Augu8t 2023 and th8 Residant181 Proparty wa8 NBIu8d by D844d Marlln Group on 13lh Oclob8r 2023 th8 Iru8tees 8re the oplnion that Ihe lUeS hthp rd ¢hanged s1&ficant1Y as 8131 Maroh 2025 27
RENEW COUNSELLING LTD Notesto the Accounts Conllnuod For thè ar •nd•d 31st March 2025 8. Invostmonts Invethenls Investments at market value at market value 2024 2025 Al 31 March 2024 Nat g8ln (1088) on sala and rnK8luallon 18.872 913 16.464 2,418 At 31 March 2026 17.939 18,872 Inv•8tm•nts al m4rk•l valu• ¢omprt••: Su8ts1nable Worfd TnMI 17,969 16,464 17,959 16,464 9. D8btor• 2026 2024 Debtors £rfslng frcTh cper8tlThJ acthllles Olher debtors Prepayments and 8ccrued lrtomts $4,2D2 7,445 35.673 84,891 9,760 Total 97,410 94,851 10. Cath al bank and In hand 25 2024 Cash 8t bonk 8nd In h8nd 121,905 221,3B6 Tot81 121,905 22 11. Crodlt¢rs', amountsfalllng du• wllhln one 2025 2024 Crodltors arfslng from op6ratSro ac11th8 Othor ¢redltor Bank loan Other laxatlon and so¢lal securfly Defarred Income (See Below) Accruftls 37,843 6,487 5,556 18,859 6,349 11,110 9,760 8B,254 17,001 121,293 11,781 Totsl 182 940 151,133 Bank108n18 r 10 ye8rs Int681 rate of 2.5%. 8ThJ the final rep8ymant dat618 241081203D, wthlch18 pald In monthly Inslalmants. The gcrtemménl ¥ThtsranI 11))% 01 th6 loan CMdltor$', amountsfalllng due wlthln one y•ar 2025 2024 Bank loan 24,312 35,648 2025 2024 Balance brought forward Arnount relBasgd to incowno Amount defeed in the ye Balance carried forward 88.254 (88.254) 121,293 121,293 131.158 {131,158) 88.254 88,254 28
Nrkns to tM Atcou Forl 8bx%d 318t March 2025 12. knaly81¥ ol Fund8 31 r¢h 2024 At 31 March 2025 InconlTrJ E>pendltsJre Transfers 8trl¢t•d Funds Couns8lllnp SerCes Educatlon & Tralnlng Total Restrl¢led Funds 30.C (28,671) {1,329) UnréAlrlctèd Funds Includlng da•lgnatod funds Counselllno serCes {1.076,444) Net Sales & purchases of Sn%stments 1,018,946 Rlu110n Ggln 202,ci)O Adfvgtmenl for Inveslrnent Propertles (12,810) 877.376 <1,034,85)) 1.583,064 329,348 1,018,948 202,000 <12.810) Total Unro8trlct¢d Fund$ 131692 877 376 LLI 650 (4,1781 {1,581.7351 1537 482 Expondabl8 Endowm•nt Nel sales & purchases cf Inlrstrnents Nel galn on the sale and rel¢aan ol: Invoslmnts 3,533,938 (s81,0) 1,9eB.027 1581.900) 3.133.876 3.133.876 1,939 (914> Othor Translers AdStment for Inv881ment Prcoerlle8 (339,288) 1339.2BB) Unraslrlct•d eXndItur• 914 4 1B2 654 Total Fundg 5 881171 1087 497 6 720 130 Funds held under E>pendab EndovKngnl ¢orTh)rise of fiy4d ass and InR8bwrts. Transfer betAn E¥Jendable EndoYm8nl fd and lh8 DèsWaletJ UN88tricled fund rewn1888 th8 f8cI Ihal S8dl8r8 Hou6018 not held as an Incorno geratIng 8ssd. bul 88 ) 8ss81 used by Ihe charity b c8rry oul Its char118bl8 8CtolIes. alysls of Nol A88•ts b•tW•on FdI Urffffitricl Reslricted Funds E>pend8ble Total Fund balanc&8 a8 al 31st March 2025 are represent by: FI> Assdg Current Assets CLJrrent Llabllllles Llabillfjes arising alter 1 y 1,643.378 193.911 (175,4) 24.312 4,1 e4,PJ95 17,959 5,708,073 211,870 1175.405) 24,312 5 720 136 4 182 654 29
RENEW COUI4SELLING LTD Notes to th8 Accounts Continued For the ar ended 31st Mar¢h 2025 13. Tran8action8 wilh trusteos and conn•cl•d p•r4ons Tru8te88 receivb no remun8r81ion and Ih8re VtrPS no re1mbUrsOnI of ex$8$ 16. Indomnlty Snsuranc? The chartty has a professlonal Indemnlly pollGy for Its counselllng act{tIeS and charlly Indemnity insurance at annual pr8mlums of £3,420 (2024: £2,569). 17. Staff Costs and Numbers Staff Costs were as follows.. 25 2024 Salarles and wages S181 securlly Costs Penslon 714,316 44,173 78.049 836,538 707,222 40,471 74.842 822,536 Tho number of employ44$ who emolumonts for tho year fall wlthln the followlng nd&Were. 2025 Numbor 2024 Numbor £80,001-£70.000 Of thls, 1 employee are accrulng penslon contrlbutions tofalllng £8.778 (2024.. 1 employee, accrulng £8,197). The total empl¢yee benefi13 of Ihe key management personnel of Renew w8r8 £161,280 (2019,, £179,197). Th8 8rage number of employ888 during Ihe year, calculated on Ihe basls of fv1141me equlvalents, was as follows: 2025 2024 Chlef ExecutlNp Counselllng staff Eduoatlon & Tralnlng FundRlslng Admlnlslratl¢n & Support 10 23 24 The avarage number of actual empl¢)Ye (fu1145me, par141me and sesslonal) was 57 (2024; e6). Renew Counselllng Ltd operates a Group Personal Penslon scheme Ilvouth Now Penslon Th18 Is a Salary sacrlllce arrangement, the cost for Ihe yeaf was £30.251 (2024: £29,941 }.
RENEW COUNSELLING LTD Notes to the Accounls Continued For the ar endèd 31st March 2025 18. Operating Lea8e Commitments At the year end, the company was commltted to make the payments in tctal In respect of qulpment 2024 Land and bulldlngs 2025 2024 2025 Income Leas88whlch explm: Wlthln on6 year withln two to ffiwa years 214,000 214,000 Expendlture LoaseswhlGh ¢xplr•: withln one year Wlthln tV40 to fiva y8ar8 6.552 20,500 6.552 20.500 24,700 20,500 19. Related Party Tran8actlon8 A Truste8 donating £50 8 monlh tot81 amounl £600 weceId In Ihe year (2024: £600). 31
REMEW COUNSELLING LTD Statement of Flnandal Activltlos For the nco orati an Income and Ex ear ended 31st March 2024 onditure Account 20. Comparalivo Con801idated Stalement of Financial Aclivities (2024): Expendable lknr•arl¢¢•d Rei¢ted Endowment Nol•s 2024 Total INCOME Donatlons end lega¢les InNestment Income 1&383 18,383 239,889 Charltablo acllvlll•$: Grant8, tralnlng & s8Ce1&Y1 agr8emonts Fees recelyad 200,083 602,906 572,906 30,000 Total In¢om• 1,031.241 30,000.00 1061,241 EXPENDITURE FROM: Cost of g¢n¢ratlng funds Costs of generatlno wluniary IoMe Charllabl• actlvltloj Coun88lllng sgrb4c85 Educallon and tralnlng {17,831) {3,774) 121,805 (791,784) 1225,404 (49.8581 (841.6421 (225,404) Total •xpendltur• N8t exp•ndlturo b•for• other rqcognlwd gaInl08TS 19,85B (3,774) (27,410 Othor r•¢ognl•d 94ln8 IIoM•• Galnllloss) on relUatIOn I dSsposg1 of Inwslments ReallBed Galnl(Ios8} Unraallsed G8lnl{1038} 2,418 2,418 N•t movement In fund¥ (3,776 (19,808) (1,358) 124,9921 Transfers b¢fvie¢n fund$ 119,838 19,858 Funds brought foward 155,328 5,750,835 5,906,163 Fund8 carrl•d forward 131,692 5,749,479 $,881,171 32