OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-09-30-accounts

NEW ROMNEY COUNSELLING SERVICES LIMITED

Company Number : 04010166 Registration Charity Number : 1086776

ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

NEW ROMNEY COUNSELLING SERVICES LIMITED

INDEX

Page
Reference and administrative information 1
Trustees' Annual Report 2-5
Independent examiner's report 6
Statement of financial activities 7
Balance Sheet 8
Notes to the accounts 9-14

NEW ROMNEY COUNSELLING SERVICES LIMITED TRUSTEES’ ANNUAL REPORT (INCORPORATING THE DIRECTORS’ REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2023

REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees and directors

Rosalind Russell Susan Doyle Virginia Godden Janet Leavey Richard McQuirke Ken Russell-Pollock

Other member

Andrew Dennis

Company Secretary

Rosalind Russell

Company registration number

04010166

Registered Charity number

1086776

Registered office

45 High Street New Romney Kent TN28 8AH

Website

www.newromneycounsellingservices.co.uk

Trading name

The charity shop trades under the name ‘Faith, Hope & Charity’

Independent examiner

Daniel Valentine, ACA, Begbies Chartered Accountants, Unit 14, Park Barn, Evegate Business Park, Ashford TN25 6SX

Bankers

Natwest Bank – 20 High Street, Ashford, Kent. TN24 8SH CAF Bank Ltd – 25 Kings Hill Avenue, Kings Hill, West Malling, Kent. ME19 45Q Charity Bank Limited – 194 High Street, Tonbridge, Kent. TN9 1BE

1

NEW ROMNEY COUNSELLING SERVICES LIMITED TRUSTEES’ ANNUAL REPORT (INCORPORATING THE DIRECTORS’ REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2023

The Trustees, who are also members and directors of the charitable company for the purposes of the Companies Act, submit their annual report and accounts for the year ended 30 September 2023.

The Trustees confirm that the Annual Report and Accounts have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) published on 16 July 2014.

Objectives and activities for the public benefit

The charity’s objectives (as amended on 10 May 2013) are:

The charity’s trustees have complied with their duty in Section 17(5) of the 2011 Charities Act to have due regard to public benefit guidance published by the Charity Commission.

Achievements, performance and plans for future periods.

In the period covered by this report, 429 assessments were conducted and our team of 30 counsellors delivered 8551 sessions. In addition to our existing clients, many of whom are receiving longer term therapy, we were able to offer counselling to 398 new clients (324 adults and 74 children).

NRCS has experienced a challenging year as demand for counselling services increases and during the period of this report, we have unfortunately seen a significant reduction in the number of counsellors working with us due to financial pressures driven by cost-of-living increases. Counsellors can earn more money working in private practice and are having to make difficult choices regarding ‘low cost’ sessions that they are able to provide. 30 counsellors are presently working with the charity, down from 42 previously.

The headline figures reflect that the charity provided about 100 additional sessions than the previous year. It should be noted that the reduction in counsellors dropped sharply during the second half of the period under review with the knock-on effect resulting in a significantly longer waiting list of clients who have been assessed and are waiting to begin therapy. The waiting list has increased to about 50 clients, from about 35 throughout the previous year.

Client payments totalled £79,337 for the year, up from £67,785 previously. A more robust system for monitoring payments and following up on clients with outstanding payments has proved successful. Assessments also show an increase in clients who are in full-time employment and therefore pay the higher session donation of £25.

2

NEW ROMNEY COUNSELLING SERVICES LIMITED TRUSTEES’ ANNUAL REPORT (INCORPORATING THE DIRECTORS’ REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2023

The significant increase in sales performance at the Charity shop is a testament to the hard work and innovative strategies implemented by Siobhan, Rob, and the volunteers. By extending opening hours and adopting a proactive approach, they have effectively engaged with the community and maximized sales opportunities. Additionally, a strong and consistent social media campaign has played a vital role in increasing awareness, driving footfall, and ultimately boosting sales. It's particularly noteworthy that despite the ongoing economic challenges, the Charity shop has been able to thrive. The steady increase in footfall suggests that the community recognises the value offered by the shop, especially during times of financial strain.

Moving forward, it will be beneficial to continue leveraging these successful strategies while also exploring new avenues for growth and sustainability. This will include further optimising the social media campaign, expanding community outreach efforts, and perhaps diversifying the shop's offerings to cater to evolving consumer needs and preferences.

Overall, the impressive sales performance of the Charity shop reflects not only the dedication of the staff and volunteers but also the strong support and engagement of the community. By building upon this foundation, NRCS can continue to make a positive impact and generate vital funds to support its important work.

Thoros has yet again, received a rating of ‘outstanding’ from an external assessor from the National Counselling Society, reflecting the high quality of the counselling courses and CPD workshops offered by NRCS. However, the need to drop a planned course due to low enrolment figures underscore the challenges faced in balancing course offerings with student demand. Student income for the period under review totalled £50,116 and expenditure £53,693 recording a deficit of £3,577 .

The insight that family budget pressures have led potential students to delay training, highlights the impact of economic conditions on educational decisions. Despite the deficit recorded in student income versus expenditure, it's positive to note that existing students are progressing to higher-level courses, indicating potential for increased income in the following year.

The early engagement from interested parties for lower-level courses is encouraging and supports optimism for a stronger performance in the future. It's crucial for NRCS to continue assessing market demand and adapting its course programs accordingly to ensure financial sustainability and meet the needs of prospective students.

Moreover, gaining a clearer understanding of expenditure is essential for effective financial management and planning. By identifying areas where costs can be optimized without compromising the quality of education provided, NRCS can work towards achieving a more balanced budget and maximizing resources.

Overall, while challenges such as low enrolment and financial deficits pose obstacles, the positive feedback from students and the strong interest in lower-level courses demonstrate potential for growth and improvement. With strategic planning and continued dedication to excellence, Thoros can build upon its successes and further enhance its reputation as a leading education centre in counselling.

NRCS has been proactive in adapting its funding strategy to the challenging economic conditions. Targeting smaller, unrestricted grants seems to have been effective in securing necessary funds to assist with general running costs. Siobhan’s success in this area demonstrates the importance of strategic thinking and flexibility in fundraising efforts.

3

NEW ROMNEY COUNSELLING SERVICES LIMITED TRUSTEES’ ANNUAL REPORT (INCORPORATING THE DIRECTORS’ REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2023

Continuing to focus on securing smaller, unrestricted grants can provide stability for NRCS, especially during times of heightened competition for funding. Regular management meetings provide a valuable platform for ongoing evaluation and adjustment of the funding strategy based on real time feedback and changing circumstances.

By closely monitoring the effectiveness of this approach, NRCS can refine its tactics, identify areas for improvement, and capitalise on emerging opportunities in the grant funding arena. The Trustees understand the importance of remaining proactive and agile in the approach to fundraising, ensuring the organisations stability and ability to fulfil its mission despite economic challenges.

In summary, NRCS has faced significant challenges due to the current economic climate and the resulting increase in cost-of-living expenses. The reduction in counsellor numbers, coupled with rising demand for services, has been a major concern for the Trustees. Efforts are underway to develop strategies aimed at retaining counsellors and addressing this issue.

Despite these challenges, the Trustees have remained focused on guiding the organization through turbulent economic conditions. Regular adjustments to strategies and planned initiatives have been necessary to adapt to the evolving landscape.

On a positive note, the Trustees are pleased to report that income streams have shown improvement. They attribute this success to the hard work and dedication of all staff, counsellors, and volunteers. Their contributions have played a significant role in achieving better financial performance compared to the previous year.

Moving forward, NRCS will continue to prioritise efforts to mitigate the impact of economic challenges, retain talent, and ensure the sustainability of its operations. By remaining proactive and adaptive, the organisation can navigate through uncertain times while continuing to fulfil its vital mission in the community.

Overall, despite economic challenges and reductions in counsellor numbers, NRCS has demonstrated resilience and adaptability in maintaining and improving its services, financial performance, and community impact. Continued efforts to address staffing issues and adjust strategies according to the economic climate will be crucial for sustaining and expanding the organization's mission in the future.

Financial Review

The charity recorded surplus for the year of £3,615 compared to a deficit of £8,636 in the previous year, a positive change of £12,251. Total income increased by £37,193 or just over 21%, while expenditure rose by £24,942 an increase of just under 13.5%.

Reserves Policy

At the year end the charity had total funds of £141,202 (2022 £137,587) of which £140,702 (2022 £133,754) are unrestricted. The trustees’ policy on reserves is to retain a sufficient level to meet its operating commitments.

Risk management

The trustees are responsible for identifying the major risks to which the Charity is exposed and ensuring that steps are taken to manage those risks

4

NEW ROMNEY COUNSELLING SERVICES LIMITED TRUSTEES’ ANNUAL REPORT (INCORPORATING THE DIRECTORS’ REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2023

Organisation, Structure and Governance

New Romney Counselling Services Limited is a charitable company limited by guarantee. It was incorporated on 7 June 2000 and registered with the Charity Commission on 25 May 2001. It is governed by its Memorandum and Articles of Association. The members, trustees and directors are listed on page 1.

There is no maximum number of directors and the minimum number is two. Only a member of the company is eligible to be appointed as a director. Directors are subject to retirement by rotation and at each AGM one-third of the directors shall retire. If the vacancy is not filled, the retiring director, if willing to act, is deemed to have been re-appointed.

The Board meets regularly to administer the charity. The Board reviews the management, fund-raising, and financial status and agrees strategy for the charity. Each member has one vote.

Trustees’ responsibilities in relation to the financial statements

The Trustees (who are also directors for the purposes of company law) are responsible for the preparation of the Annual Report and the financial statements in accordance with UK Generally Accepted Accounting Practice (UK Accounting Standards and applicable law). The financial statements are required to give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity, including its income and expenditure, for that period. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report has been prepared in accordance with 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 (Charities SORP (FRS 102)) published on 16 July 2014 and in accordance with the special provisions of the Companies Act 2006 relating to small companies (section 419(2)).

This report was approved by the board on 9 April 2024 and signed on its behalf by:

Ms R Russell Director & Secretary

5

NEW ROMNEY COUNSELLING SERVICES LIMITED

Company reg no. 04010166. Registered Charity no. 1086776.

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS ON THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

I report to the charity trustees on the accounts of the charitable company for the year ended 30 September 2023, which are set out on pages 7 to 14.

Responsibilities and basis of report

As the charity’s trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s report

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Daniel M Valentine ACA

Begbies Chartered Accountants Unit 14, Park Barn Evegate Business Park, Smeeth Ashford Kent TN25 6SX

Date: 19 April 2024

6

NEW ROMNEY COUNSELLING SERVICES LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 30 SEPTEMBER 2023

Restricted Unrestricted
Funds
Funds
2023
Notes
£
£
£
Income from:
Donations and legacies
2
13,000
21,497
34,497
Fund-raising events
-
1,510
1,510
Charitable activities -
Charges for counselling
sessions
-
79,337
79,337
Outreach programme
-
9,947
9,947
Thoros course income
-
50,116
50,116
Other trading activities -
Shop sales
-
38,432
38,432
Investments -
Bank interest
-
80
80
Total income
13,000
200,919
213,919
Expenditure on:
Raising funds
3
-
2,901
2,901
Charitable activities
4
16,333
191,070
207,403
Total expenditure
16,333
193,971
210,304
Net income
(3,333)
6,948
3,615
Transfers between funds
-
-
-
Net movement in funds
(3,333)
6,948
3,615
Reconciliation of funds:
Total funds brought forward
3,833
133,754
137,587
Total funds carried forward
500
140,702
141,202		 Restricted Unrestricted
Funds
Funds
2022
£
£
£
20,200
6,791
26,991
-
1,848
-
67,785
67,785
-
6,890
6,890
-
54,417
54,417
-
18,795
18,795
-
-
-
20,200
156,526
174,878
-
2,093
2,093
16,867
166,402
183,269
16,867
168,495
185,362
3,333
(11,969)
(10,484)
-
-
-
3,333
(11,969)
(10,484)
500
145,723
146,223
3,833
133,754
135,739

The notes on pages 9 to 14 form part of these financial statements.

The Statement of Financial Activities includes all gains and losses in the period. All incoming resources and resources expended derive from continuing activities.

7

NEW ROMNEY COUNSELLING SERVICES LIMITED

Company reg no. 04010166. Registered Charity no. 1086776.

BALANCE SHEET AS AT 30 SEPTEMBER 2023

2023 2022 2022
Notes £ £ £ £
FIXED ASSETS:
Tangible assets 8 109,496 115,883
CURRENT ASSETS:
Debtors 9 1,492 840
Cash at bank and in hand 113,215 114,357
Total current assets 114,707 115,197
LIABILITIES:
Creditors:amounts falling due within one year: 10 (23,592) (31,703)
Net current assets 91,115 83,494
Total assets less current liabilities 200,611 199,377
Creditors:amounts falling due after more than one year: 11 (59,409) (61,790)
NET ASSETS 141,202 137,587
THE FUNDS OF THE CHARITY:
Restricted funds 12 500 3,833
Unrestricted funds 12 140,702 133,754
TOTAL CHARITY FUNDS 13 141,202 137,587

The accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.

For the year in question the charitable company was entitled to exemption from an audit under section 477 of the Companies Act 2006.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Act.

The trustees/directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The financial statements were approved by the Trustees on 9 April 2024 and signed on their behalf.

Ms R Russell - Trustee/Director

Mr R McQuirke - Trustee/Director

The notes on pages 9 to 14 form part of these financial statements.

8

NEW ROMNEY COUNSELLING SERVICES LIMITED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding period.

(a) Basis of accounting and assessment of going concern

The financial statements of the charity have been prepared in accordance with 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 (Charities SORP (FRS 102)) as amended by Bulletin 1, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

(b) Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of grants. Further details can be found in note 13.

(c) Income recognition

All income is included in the statement of financial resources when the charity is entitled to the income, it is probable that the resources will be received and the amount can be quantified with reasonable accuracy.

Voluntary income is received by way of legacies grants, donations and gifts. In accordance with the Charities SORP (FRS102), shop volunteer time is not recognised.

A legacy is recognised when it is probable that it will be received. Receipt is normally probable when there has been grant of probate, the executors have established that there are sufficient assets in the estate, after settling any liabilities, to pay the legacy; and any conditions attached to the legacy are either within the control of the charity or have been met.

Income from grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Other trading activities comprises income from shop sales. The income derives from the sale of secondhand goods and is recognised at the point of sale.

Investment income is included when receivable.

(d) 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 settlement will be required and the amount of the obligation can be measured reliably. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on raising funds comprises the costs associated with operating its shops selling second-hand goods.

Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examiner's fees and costs linked to the strategic management of the charity.

9

NEW ROMNEY COUNSELLING SERVICES LIMITED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. ACCOUNTING POLICIES CONTINUED

(e) Depreciation

Depreciation has been computed to write off the cost to residual value over their useful lives at the following rates:-

Freehold land and buildings - 10% per annum

Fixtures and fittings - 20% per annum reducing balance

(g) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2. DONATIONS AND LEGACIES
Donations
Grants		 Restricted
Unrestricted
2023
Restricted Unrestricted
2022
£
£
£
£
£
£
-
3,497
3,497
1,200
5,791
6,991
13,000
18,000
31,000
19,000
1,000
20,000
13,000
21,497
34,497
20,200
6,791
26,991
3. EXPENDITURE ON RAISING FUNDS
Fund-raising event costs
Shop expenses
Water rates
Light and heat
Mortgage interest and charges
Sundry expenses		 Restricted
Unrestricted
2023
Restricted Unrestricted
2022
£
£
£
£
£
£
- 36 36- 311 311
-
55
55
-
45
45
-
1,631
1,631
-
252
252
-
1,024
1,024
-
1,056
1,056
-
155
155
-
429
429
-
2,901
2,901
-
2,093
2,093

10

NEW ROMNEY COUNSELLING SERVICES LIMITED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. EXPENDITURE ON CHARITABLE ACTIVITIES

Counselling costs
Office administration
Maintenance and equipment
Share of general overhead (below)
Thoros course costs
Assessors - internal & external
NCS accreditation fees
Repairs and maintenance
Advertising
Cleaning
Printing, postage & stationery
Internet
Bank charges
Sundry expenses
Share of general overhead (below)
Total expenditure
General overheads
Wages and salaries (note 5)
Office cleaning
Light and heat
Telephone
Insurance
Printing, postage and stationery
Maintenance and equipment
Advertising and promotional
Computer costs
Sundry expenses
Mortgage interest and charges
Depreciation
- fixtures and fittings
- freehold property
Governance costs
Allocated to
Counselling costs
Thoros course costs
Independent examiner's fees
Data Protection registration
Tutors' expenses
Counsellors' expenses
Supervisor expenses
Rent and rates		 Restricted Unrestricted
£
£
3,333
63,315
-
15,403
12,500
9,873
500
-
-
48,786
16,333
137,377
-
40,070
-
2,815
-
550
-
602
-
168
-
835
-
567
-
632
-
194
-
347
-
6,913
-
53,693
16,333
191,070		 2023
Restricted
Unrestricted
£
£
£
66,648
667
48,409
15,403
-
15,103
22,373
15,000
500
1,200
-
48,786
-
45,566
153,710
16,867
109,078
40,070
-
37,775
2,815
-
4,174
550
-
550
602
-
812
168
-
1,050
835
-
970
567
-
942
632
-
607
194
-
138
347
-
1,522
6,913
-
6,714
53,693
-
55,254
207,403
16,867
164,332
26,867
1,073
166
4,892
1,920
1,393
977
3,648
-
505
1,764
3,072
97
6,290
3,000
35
55,699
48,786
6,913
55,699		 2022
£
49,076
15,103
15,000
1,200
45,566
125,945
37,775
4,174
550
812
1,050
970
942
607
138
1,522
6,714
55,254
181,199
29,728
-
136
757
1,129
1,954
551
2,363
171
1,568
1,308
3,169
121
6,290
3,000
35
52,280
45,566
6,714
52,280

Wages and salaries are allocated on a ratio of 85:15. All other overheads are allocated on a ratio of 90:10.

11

NEW ROMNEY COUNSELLING SERVICES LIMITED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.
EMPLOYEES
Gross salaries
Pension costs		 2023
2022
£
£
26,221
29,043
646
685
26,867
29,728

The charity had 1 full-time employee during the year to 30 September 2023. (2022: 1 full-time)

No employee received employee benefits of more than £60,000 (2022: nil).

6. TAXATION

As a charity, New Romney Counselling Services Ltd is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity (2020: nil).

7. KEY MANAGEMENT PERSONNEL, TRUSTEES' REMUNERATION AND RELATED PARTY TRANSACTIONS

The trustees comprise the key management personnel of the charity in charge of directing and controlling, running and operating the charitable company on a day to day basis. In the year ended 30 September 2023, the charity paid 3 trustees and directors, £27,011 in respect of individual clinical counselling, tutoring and supervision sessions (2022: £27,857). The other trustees confirm that the amount paid is in the charity's best interests and reasonable for the service provided. Payments totalling £703 were made to 3 trustees (2022: £2,574) for reimbursement of expenses personally paid.

There were no other related party transactions. No other payments were made to any trustee/director.

8. FIXED ASSETS

ED ASSETS
COST
At 1 October 2022
At 30 September 2023
DEPRECIATION
At 1 October 2022
Charge for the year
At 30 September 2023
NET BOOK VALUE
At 30 September 2023
At 30 September 2022
EBTORS
Debtors
Prepayments and accrued income		 Freehold
property
£
162,898
162,898
47,500
6,290
53,790
109,108
115,398		 Fixtures &
fittings
Total
£
£
2,480
165,378
2,480
165,378
1,995
49,495
97
6,387
2,092
55,882
388
109,496
485
115,883
2023
2022
£
£
355
840
1,137
-
1,492
840

9. DEBTORS

12

NEW ROMNEY COUNSELLING SERVICES LIMITED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Charity Bank loan
Creditors
PAYE, NIC & pension
Deferred Income
Accruals		 2023
2022
£
£
2,382
2,243
11,500
9,204
1,051
417
6,159
17,339
2,500
2,500
23,592
31,703
11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Charity Bank loan (falling due in 2-5 years)
Charity Bank loan (falling due after 5 years)		 2023
2022
£
£
11,273
10,564
48,136
51,226
59,409
61,790

The Charity Bank Limited has a fixed charge dated 2 April 2014 over the charitable company's freehold property at 45 High Street, New Romney, TN28 8AH.

The Charity Bank Limited also has a charge dated 25 November 2013 on the company's deposit account held with it.

Interest is payable at 6.5% per annum.

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed assets
Net current assets
Creditors falling due after
more than one year		 Unrestricted
Funds
Restricted
Funds
Total
Funds
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
£
£
£
109,496
-
109,496
115,883
-
115,883
90,615
500
91,115
79,661
3,833
83,494
(59,409)
-
(59,409)
(61,790)
-
(61,790)
140,702
500
141,202
133,754
3,833
137,587
2023
2022

13

NEW ROMNEY COUNSELLING SERVICES LIMITED

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

13. MOVEMENT IN FUNDS
Restricted Funds:
Tudor Trust
Albert Hunt Trust
KCC
Folkestone & Hythe District Council
Unrestricted Fund
Restricted Funds:
Tudor Trust
Albert Hall Trust
Folkestone & Hythe District Council
Unrestricted Fund
Other		 At 1 Oct
2022
Incoming
Resources
Outgoing
Resources
Transfers
At 30 Sept
2023
£
£
£
£
£
-
12,500
(12,500)
-
-
3,333
-
(3,333)
-
-
-
500
(500)
-
-
500
-
-
-
500
3,833
13,000
(16,333)
-
500
133,754
200,919
(193,971)
-
140,702
137,587
213,919
(210,304)
-
141,202
At 1 Oct
2021
Incoming
Resources
Outgoing
Resources
Transfers
At 30 Sept
2022
£
£
£
£
£
-
15,000
(15,000)
-
-
-
4,000
(667)
-
3,333
-
1,200
(1,200)
-
-
500
-
-
-
500
500
20,200
16,867
-
-
3,833
145,723
156,526
(168,495)
-
133,754
146,223
176,726
(185,362)
-
137,587

Tudor Trust - towards the cost of an assistant co-ordinator.

Albert Hunt Trust - to assist in cases of financial hardship.

KCC - grant towards costs of a children's counselling room.

Folkestone & Hythe District Council - towards the cost of Tool-Box talks.

14. LIMITED BY GUARANTEE AND REGISTERED OFFICE

The charity is a company limited by guarantee registered in England and Wales. The registered office is: 45 High Street, New Romney, Kent TN28 8AH

Every member promises, if the charity is dissolved while he, she or it remains a member or within 12 months afterwards, to pay up to £1 towards the costs of dissolution and the liabilities incurred by the charity while the contributor was a member.

14