REGISTERED COMPANY NUMBER: 02821263 (England and Wales} REGISTERED CHARITY NUMBER: 1093686 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025 FOR THE GUILD fthc PSYCHOTHERAPISTS Parkers 178-180 Church Road Hove, East Sussex BN3 2DJ
THE GUILD OF PSYCHOTHEWISTS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025 Pa90 Report of the Trust8gs Independent Examlnerfs Report Statomgnt of Flnanclal Actlvltles 10 Balance Sh99t 11 to 12 Note$ to the Financial Statements 13 to 18 Detalled Statement of Flnanclal Actlvltles 19
THE GUILD OF PSYCHOTHERAPISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 The trustees who are also directors of the charty for the purposes of the Companies Aol 2006, present their repK)rt wrth the financial stslements of the charity for the year ended 301h September 2025. The Iruslee5 have adopted the provisions of Accounting and Reporb'ng by Charf(ies. Statement of Recornmended Practice applicable to charbties PTeparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republr of Ireland IFRS 102) leffeclive 1 January 20191. Introduction The past year has been a time of continuing to Work on our governance systems and administrativo organizalion for the office and staff. In June we undeNenl our five yearfy Organizalional Revw4 with the UKCP. Thig went very well and the review panel were impressed with the array of trainees wh) spoke posrtively of their experience al the Guild. Thank you lo everyone who eonlribuled. We have now implemented a full rewew cycle of policies. This helped both with the UKCP review and wf(h the ongoing work of ensuring policies are up to d*e as well as understood and implemented. We continued lo devebp and to approve batches of policies through the year wth thg assistance of solicitors. In September 2025, we launched the Guild's new website that has improved our visibility lo the public and prospective liainees and improved how we share infomialion internally. Thanks lo David Slockwell and Ben Tunstall for leading on this large piece of work. Throughout the year, the Constitutional Review continued,. amendments were approved by the Council in preparation for their submisS)n lo the ChaTity C¢)mmission. Staff and Hon Sec also worked hard lo ensure our staff systems and structures were all up to scratch. We contracted an external HR advisor (Roots HRI, reviewed all stalf contracts and job4escriplions, worked wlh Roots HR to develop an employee handbook and associated policies and undertook a pay review for the Guild staff effective October 2025. The Guild's UKCP representslives played an active part in UKCP affairs, Iepresenling the Guild and the interests of its Members at a national lovel. The Guild Council welcomed Sue Thomas as Chair of the Ethics Commrttee and ElrLabeth O'Loughlin and Elizabeth Stephen as Membets Reps. Events The Guild hosted a number of lively and slimulaling events". - The Summer Conference wtth the title'shovld I Slay or Shoukl l Go?, drew on the work of the Study Groups and wa5 an energetic and diverse event. OUT Second-YeaT trainees organised a Winter Conference entitled 'Brokennes$'. Fragments and Parts i Contemporary Psychoanalysis. The Ra and Culture Committee hosted four highly succe35ful events in their Psycho-philosophical Dialogues an(t Decolonising Psychoanatysis series. Tralnlng Our thanks lo the Training Committee, its Chair Michelle Wilbl and the Secretary Lydia Rainford. In the academic year 2024-25 we had 21 trainees attending the four year seminars and 14 students working lowaids qualification. We had 5 students welcomed to membership during the year. Cllni Our thanks lo the Clinic Committee and ils Chair Denis Echard. Beeen October 2024 and September 2025. the Clinic conducted 32 assessments. There We 41 patients in therapy in October 2024, rising to 50 by the end of September 2025, representing an overall increase of approxim8lely 220A. On average, 36 patients were in therapy over the course of the 2024-2025 year. During this period. 28 patients started therapy, while 16 ¢M)pleted or discontinued their treatment. Cllnlc Dèmographlcs Gonder: Female 61Va, Male.. 36%, Oth8r 30 Pa9e 1
THE GUILD OF PSYCHOTHERAPISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 11 is worth noting th81 the 3Vo is comp¢)sed of individuals whose pronouns is they. Ethnic diversity There were 38010 patients from ethnic minorities background130% black British, 30A Black African, 5ts/0 Asian British) There were 470A while British. 150h while other. Av$rage age- 37 years old. Oldest.. 75 - Youngest 19 Other Standing Committee5 Our thanks go lo our Standing Commrttees.. the Ethics Committee. the Finance Committee and the Rxe and Culture Committee. Staff Our thanks go to our Staff.. Christie Miller, Senior Administrator", Janel Wi5hart, Administrative Secretary., Clare Grady, Training Administrator., and Robert Parker Building Manager foT IheiT commitment, knowhow and good humour. The Guild is thankful to the Officers all Council Members for their contribution and support for the organisation over the year wlhoul which the Guikl wuld not function. We are indebted lo all our coll¥ues and grateful for their suppcxt. Tho Guild Trustees P4e2
THE GUILD OF PSYCHOTHERAPISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 OPaECTIVES AND ACTIVITIES Review of Actlvitles for 202>26 Did we complete the Objectives and Actimlies we proposed last yoar? Actlvlty 1. Review the constitution 2. Complete the poli¢y review and bed-in the review cyc 3. Pass our UKCP inspection 4. Undertake further work on Data Protection 5. Manage Cty Bridge funding and expand the Clinie in-line with Cty Bridge requirements 6. Establish a bursary for people on low incomes 7. Complete the overhaul of administration systems includin9 Sharepoint and Skedda 8. Investigate the devek)pmenl of a full year Introductory Course rather than the short courses we currently offer 9. Complete the overhaul of building and operational issues 10. To continue to promote activities such as Study Groups 11. Launch the Guild's new website, with improved members area higv¢d7 Yes, ongoing Yes, ongoing Yes Yes, ongoing Yes Yes Yes Y8s, ongoing Yes Yes Yes FOCUS. 08JECTIVES AND ACTIVITIES FOR THE YEAR 2025-26 We are continuing with the same way of slTUCturing the aims and objectNes as was adopted in 2024. Areas of F¢xus These areas define the Work and the lrfe of the Guihj. 1. Governance 2. Finances 3. Membership 4. Training 5. Clinic 6. Administration 7. Building Operations and Maintenance 8. The Life of the Guild 9. Public promotion of the Guild and of psychoanalysi% Each Area of Focus has its own Objeclwes listed in the tsble ovedeaf. New Actlvltles for the Year The Activities listed in the righl-hand column, next lo the objectives are new aclNilies which will receive particular attention in the corning year outside of the ongoing activities undertaken to fulfil all the Areas of Focus and their c4'ectlves. Ara4 of Focus and Objgctives 1. Govemance New Activltles for the Year A. Finish the review of the consbtulionB. Continue to bed-in the policies and review cyclec. Improve Guild succession planning and integrate as part of Objective 1.. To ensure the qualrty and Pfobity of management syslemlrisk regislerD. Develop the Guild's Governance Conflicts of Interest Policy Objective 2.. To be responsive lo the views and needs of the Guild community (members. trainees, students, staff and clinie users) Objective 3.. To ensure the Guild 1$ meeting its regulatory and slalutory requirements 2. Finances Obje¢live 1.. To maintain and improve where possible the Guild's control of ils finances Objective 2.. To ensure the long-lerm sustainable financial position of the Guild 3. Membership Offer more training and development options for Guild staff Undertake further work on Data Protection Manage Ciry 8ridge fundir$9 and expand the Clwii¢ in-line with Cty Bridge requirements Define a long-lerm $lralegy for the Guild's financial posrtion Pag8 3
THE GUILD OF PSYCHOTHERAPISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 Investigale the devek)pn)enl of an Activi(ies Committee as a standing commrttee that could support CPD and networking and other supportive aclivf(ies.++Further develop information for new Members lo foster greater involvement with the Guikl after qvalfying. Objective 1.. To support the membets, private practices 4. Training Objective 1. To provsde a high 51andaTd of teaching and supervision of the trainees and students of the four-year training programme Objeclive 2.. To provide high quality inlrtsjuctory courses Objective 3.. To provtde a plur81isl supervision course for Guild members open to those fr¢)m other psychoanalytic psychotherapy trainings Objective 4.. To provide a programme of continuing professional development through lectures, seminars and conferences together with a range ol public events S. Clinic Objective 1.. To provide a high standard of psychotherapy in the Reduced Fee Clinic, and to increase the numbeT of treatment places. Objective 2". To ensure the careful selection, induction, and supervision of therapists. Objective 3." To ensure the quality of procedures of the office in dealing with enquiries, placement of patients and liaising with psychotherapists 6. Administration Objective 1.. To ensure adminislraive systems are efficrent and clear Objective 2.. To proactivety review areas that may have become out of dale 7. Building Operatlon$ and Malntenancè Objective 1.. To proactively maintain the Gui piemises in a safe and welcoming manner Objective 2.. To ensu all fire and heakh and safety equipment and pr(tedures are undertaken and up-lo-dale 8. The Lrfe ofthe Guild Objective 1.. To create an active and enga9ed sense of community and psychoanalylic research Objective 2.. To encourage organisalional involvement Objective 3.. TO maintsin and improve communication with Guild members, students and trainees Objective 4.. To ensurè the Guild is a dwerse ommunity that promotes equality and respect 9. Publlc Promotlon of the Gulld and of Psychoanalysis Objective 1.. To raise the Guikl's public profile and to improve communiC)n with the public Objective 2. To engage in questions of the place of psychoana5ysis and psychotherapy within $¢xiely, in¢luding questions of regulation Obje1Ve 3.. To promote psychoanalysis and pSYChtnal1c pSh01heT?pY ReeW the workings of the TC. Review introductory offer. Bring the SupeTVtsion CouTse under the oversight of the TC. Review intemally the workings of the Clinic Commtttee. Review and make changes lo the building arrangements for fire and a$$. Investigate the devebpment of an Activities Commiitee as a stsnding ccmmittee that could create member and trainee events. Inforn Members of the EEDR policy. Investigate the development of an Activities Committee as a standing ccnmittee. Page 4
THE GUILD OF PSYCHOTHERAPISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 OBJECTIVES AND ACTIVITIES Publlc benefit The section of this report above entitled '0.eCtiveS and achievements of the yearf sets out the charity's objectives and reports on the a¢livf(y and successes in the year lo 30 September 2024 as well as explaining the plans for the current financi81 year of 202>26. The Directors have considered this matter and concluded.. 1. That the aims of the organisation continue to be charf(able', 2. That the aims and the work done give identrfbable benefrts to the charitable sector and both indirectty and diwlly lo individLtals in need.. 3. That the benefts are for the public, are not unreasorwbty restricted in any way and certainly not by ability to pay," and 4. That there is no delrimenl or h8mi arising from the aims or actiwlies. The Trustees confim that they have complied wrth the duty in Section 4 of the Charities, Act 2006 to have due regard to the guidance published by the Charities, CommissKJn on public beneff( when reviewing the Ch8rrtie$' main aims and objectives and in planning future activities. FINANCIAL REVIEW Financial position In the financial year 202412025 the GuiPd had a total income of £333,337 which marks a malerval increase from the year 202312024. This increase reflects the impact on the Clinic's operations of the City Bridge Foundation Award secured in 2024. The Guild's total operating costs for 202412025 were £298,043, meaning that overall. the OTganisalKJn had a net income of £35,294. Al the end ol the year 202412025 the Guild's general fund balance was £181,110 1202312024 value.. £145,816) and the restrted fund balance was £9.296 {202312024 value.. £9,296). The increase rèflects the organisation's nel incom$ for 202412025. Assets poli The principal asset of thè Guild is our GTade11 listed Georgian building which s%e hold on long *se. Reserve$ policy 11 is nornialty the policy of the Guild that the level of reserves Ilhose not lied up in fixed asselsl should be maintained at a level at least equwalent lo six month5, expenditure, which based on current expenditure is £150,000. The Trustees consider that reserves at this level would ensure that. in the event of a significant drop in funding, they will be able lo continue the charity's current aclivf(ies whiLe consideration is given to ways in which additional funds may be raised. Page 5
THE GUILD OF PSYCHOTHERAPISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Govemance and organisational structure The Guild of Psychotherapists (the Guild) was founded in 1974. The ambition of the founding members was lo offer a pluralist Iiaining in psychoanalytic psychotherapy. Today, the Guild provides a well•established training programme and runs a Teduced fee p5ycholherapy clini serving the Ictal cornmunity in southeast London. 11 also comprises a nationwide nefvrk of almost 200 psycholherapisls who participate in both the private and publtc sector provis of mental heatth service$. The therapeutic relationship offers an opportunrty for people to bling lo a skilled practi(ioner the psychologal issues wth which they are struggling. This process offers the individual the opportunity to tackle at depth the causes of their distress and conflict. Therapy can bring about a deeper understanding adIng to new perspectives, enabling an individual lo lead a richer and more satisfying lffe. The psychotherapeulie approach of the Guild is psychoanalytiealty based. During this curn1 year the slruclure, governance and management of the Guild have been the subject of an organisational review which will feed into the revised organisalional strategy of the Guild. Governing Dlxumenl The Guild was first wislered as a char.ty on 13 July 1987, then widened its objectives and was registered again on 3 September 2002 and is a charitable limited company by a Memorandum and Articles of Association incorporated on 25 May 1993. A Special Resolution was passed on 29 April 21)02 updating the company's Memorandum and Articles of Association lo lake on the Aims and Conslilulion of the Guild of Psycho-therapists. The new objectives of the company are to promote through pSh01herapY the relief of psycho-109ical disorders in members ol the public by education, training, research and by clinical practice. A principal activily of the company since its incorporation has been the ownership and management of the property in Soulhwark, 47 Nelson Square, which is the headquarters of the Guild. Governance of the Guild, recruthenl and apwjinlment of Trustees The GuiLd is governed by a Council. the members of which are the Trustees who are elected by the Guild members at the Annual General Meeting. They Comprise the Chair, the Honorary Secretary, the Treasurer. the Chaiis of key committees and five Members, Represenlalives. In addition two Traineelsludent Representatives are elected by the Trainee Affaiis C¢)mmitiee of the Guikj. Collectively they form the Council of the Guild. Appointments are for a period of three years and are eligible for re*Section for three years. The Council is empowered lo Cp1 members to fill any vacancies and also to appoint an additional two Trustees, who will serve until the next AGM. The Chair, Honorary Secretary and Honorary Treasurer (Guild Officorsl are responsible for the administration and management of the charity. The daY-ldaY management and administration is the responsibilty of the Senior Administrator who liaises closely with the Guild Officers. During this year a new Chair, Honorary Secretary and Treasurer were apptrinted al the AGM. The training programme is managed by the Training Committee and the Guikd's Reduced Fee Psychotherapy Clini¢ is managed by the Clinic Committee. The Guild has a number of standing committees (Clinic. Training, Finance, Ethics. Race and Culture. Members. Affairs and Student & Trainee Affairs Committeesl as well as an Events Group and Library Commrttee. The Guild is thankful lo all Council Members for their conlribullon and support for the OTganisation ¢)ver the year wlhout whlch the Guild could not function. The Council members, who are Trustees ol the charty and Directors for the purpose of company law, who served during the financial year 2024-25, are as folbws.. Mariana Dodig - Membgr$' Rep Denis Echard- Chair of Clinic Commrttee Andrea Fassolas - Honorary Secretary Nichola Koratjitis - Members, Rep Mary Mf(chinson- hrtembers, Rep Page 6
THE GUILD OF PSYCHOTHERAPISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 Sian Morgan - Membefs. Rep EIEabeth O'Loughlin - Memberfs Rep Ivana Redfern - Trainee Rep Jo Ridley- Twsurer Fran Stedman - Trainee Rep EIEabeth Stephen - Member5, Rep Sue Thomas - Chair of Ethics Commsttee Ben Tunslall- Chair Michelle Willett- Chair of Training Committeg Fiona Yaron-Field - Chair of Race and Culture Commjttee Myra Connell - Members, Rep UKCP Represenlalives.. Margery Craig Damd StcKkwell Tralnlng and Snduction provlded lor Trustees Because Iruslees ale appointed from the membership, and from the current group of trainees and students, they all come lo Ihg Council wth some considerable knowledge of the work of the Guild. Trustees are provided addrtionally with: -copies of recent minutes and Council documents -The Memorandum and ArtKles ofAssociation and other key Guild documents Rglated parties and OTganisations The Guild is an Organisalional Member of the United Kingdom Council for Psychotherapy IUKCPI. Guild represenlalives pLay an active part in UKCP affairs, representing the Guild and the interests of ils Members al a national 18V81. The Guild adheres lo the ethical guidelines and policies of UKCP. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company nurnber 02821263 (England and Wales} Reglstered Charfty number 1093686 RegIStsr office 47 Nelson Square Blackfriars Road London SE1 OQA Page 7
THE GUILO OF PSYCHOTHERAPISTS REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2025 Truste•5 D J B Echard Michelle Wll8tt Ms M R Mrtchinson Mrs F J Yaron-F*ld M C Connell Iresfjned 31151251 N Ktsr81jS Tunslall M Dod lappointed 412r251 P Jèffery lappointed 131101251 E O'Lovghlin (appointed 31151251 J Ridley Ir85i9ned 22131261 L SioNanes (aprAMn 11111251 F Sledrnan E Stephen lappointed 31151251 S Thomas lappointed 11111r241 N Antunes lappuinted 2W31261 A F8ssdas IresHJned 11121251 S A Morgan lappolnted 4r21251 (resigned 12161251 l Re(Ifem (appointed 61111241 {re&gn¥d 12161251 IndgpBndgnt Examlner Pathers 17&180 Church Road Hove, Ea$t Su$5ex 8N3 2DJ Bankèrn CAF Bank Lirnited 25 Kings Hill Avenue Kings Hill West Malling Kent ME194Ja OV by ordor of Ih? board of tru5tges on ........ . and Sied on its behalf by.. N Antunes- TrIte8 Page 8
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GUILD OF PSYCHOTHERAPISTS Independent examinerfs report to the trustees of Tha Gulld of Psychotheraplsts {'the Company,) I report to the charty trustees on my examination of the accounts of the Company for the year ended 30th September 2025. Responsibilitie$ and basis of report As the ¢harrty's Iruslees of the Company land also rts directors for the purposes of company lawl you are responsible for the preparation of the aecounts in accordance with the requirements of the Companies Act 20061.lhe 20C6 Act'}. Hawng satisfied mysew 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 charitys accounts as carried out under Section 145 of the Charities Act 2D11 1 the 2011 A¢t'l. In carwng out my examination I have folh)wed the Directions given by the Charity Commk8sion under Section 145151 Ibl of the 2011 Act Independent examinerfs statomgnt Since your eharty's gross income exceeded £25Q.000 your examiner musl be a member of a listed body. I can confim that l am qualrfEd to undertake the examination because l am a member of the Insblute of Chartered Accounlanls in England and Wales, which is one of the listed bod$. I have completed my examination. I confirm Ihal no matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records were rt kept in respect of the Company as fequired by Section 386 of the 21)06 Act", or the accounts do not accord with Ihosg records,. or the aecounls do not comply wf(h the accounting requirements of Section 396 of the 20Qb Act other than any requirement that the aontS give a true and fair view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance wf(h the methods and principles of the Slalement of Recommended PraGlice for accounting and reporting by charities lapplicabl& to charities preparing their aount$ in accordance with the Financial Reporting Standard apPIable in the UK and Republic of Ireland IFRS 10211 I have no concems and have come across no other mattèrs in connection with the examinatn to whh attention should be drawn in this report in ordei to enable a proper understanding of the accounts lo be reached. Annette Walson Parkers 178-180 Church Rt)ad Hove, East Sussex BN3 2DJ Date.. Page g
THE GUILD OF PSYCHOTHERAPISTS STATEMENT OF FINANCIAL ACTIWTIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT} FOR THE YEAR ENDED 30TH SEPTEMBER 2025 2025 Total funds 2024 Total funds Unreslricled Restriled funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 63.655 63.000 126,655 61,305 Charltable actlvltles Provision of faciliteS to psycholherapisls Professional training Guild clinic 54.087 129,630 19.8S2 54.087 129.630 19.852 61,905 130,788 19,552 Investment income 3.113 3.113 4,282 Total 270,337 63,01)0 333,337 277.832 EXPENDITURE ON Charitable acllvltles Professional Development Provision of facilities to psychotherapists Professional training Guild clinic 48,602 73,831 89.492 23.118 48,602 73,831 107,902 67,708 42.258 68,743 100,383 86.233 18,410 44,590 Totsl 235,043 63,01)0 298,043 277,597 NET INCOME 35,294 35,294 235 RECONCILIATION OF FUNDS Total funds brought forward 646.816 9.296 655.112 654,877 TOTAL FUNDS CARRIED FORWARD 681,110 9,296 690,406 655,112 The notes fomi part of these financial statements Pe 10
THE GUILD OF PSYCHOTHEFiAPISTS BALANCE SHEEr 30TH SEPTEMBER 2025 2025 2024 Notes FIXED ASSETS Tangible assets 500,000 500,000 CURRENT ASSETS Debtors Cash at bank and in hand 16,614 226.506 13,369 148.959 243,120 162,328 CREDITORS Amounts falling due wthin one year 10 152.7141 [7,2161 NET CURRENT ASSETS 190,406 155.112 TOTAL ASSETS LESS CURRENT LIABILITIES 690A06 655.112 NET ASSETS 690.406 655,112 FUNDS unreStrted funds.. General fund Designated fund - fixed asset fund Revaluation reserve 12 181.110 410.798 89.202 145,816 410,798 89,202 681,110 645,816 Reslrictgd funds 9,296 9,296 TOTAL FUNDS 690,406 655,112 The charitable company is enlillèd lo exernplion from audit under Section 477 of the Companies Act 2006 for Ihe year ended 30th September 2025. The members have not required the company lo obtain an audit of its finan¢ial statements for the year ended 30th September 2025 in accordance wlh Section 476 of the Companies Act 20[. The trustees acknowledge their responsibilities for lal ensuring that the charrtable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 20Ck8 and preparing fvnancial statements which give a true and fair view of the state of affairs of the charrtable ompany as at the end of each financial year and of ils surplus or deficit for each financial year in acwrdan¢e wrth the requirements of Sections 394 and 395 and which otherwise comply w(Ih the requirements of the Companies Act 2006 relating to financial stalernenls, so far as appIable lo the charrtable company. Ibl The notes fomi part of these financial statements Page 11 continued...
THE GUILD OF PSYCHOThERAPISTS BALANCE SHEET. contlnu•d 30TH SEwfEMBER 2025 Thesè finonrA statements have beon prepared M occ<)One• 1h thè provigic4)B apkAbI$ to thar8b companies subjoct to the smdl companies rryime. e finan were approved by the Board of TrS ancl auknii5ed for issue on . and were sh3ned on behaw by: ntune$- T The notes foM part of Ihe3e f4nandal statemènts Pag• 12
THE GUILD OF PSYCHOTHERAPISTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the ¢harit8ble company, whh Is a public benofrt gnlity under FRS 102, have been prepared in accordance wrth the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended PTaclice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) leffe¢live 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Acl 2006. The financial statements have been prepared urKler the historical cost convention, as modifEd by the revalualK)n of certain assets. Income All income is recognised in the Statement of Financial Activities once the charity has enli11gmeTrt lo the funds, it is probable that the income will be received and the amount can be measured relkibly. Expendlture Liabilities are recognised as expenditure as scK)n as there is a legal or constructive obligation committin9 the charty to that oxpendilure. f( is probable that a liansfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be direclty attributed lo particular headings they have been allocated to &tivi(ies on a basis consistent with the use of resources. Tangible fixed assats Tangible fixed assets are measured al cost. Upon transition to FRS102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. the previous GAAP revaluation of the leasehold buildings was used as deemed cost. Depreciation is promded al the folbwing annual rates in order lo write off each asset over ils eslimaled useful life.. Fixtures and frttings - 25Vo on cost Long leasehold propety - the residual value of the propety is considered lo be equal to, or in excess of rts current Calng value and depreciation is therefore not provide(l. Taxation The rnPany is a registered chartty and as such ils income and gains falling within section 471 10 489 ot the Corporation Tax Act 2010 or section 256 of the TaxalK)n and Chargeable Gains Act 1992 are exempt from corpor*ion lax lo the extent that they are applied to ils chariiable actiwlies. Fund aceountlng Unrestricted funds aTe general funds that are available for the use al the Iruslees. discretion in furtherance of the objectives of the charty. Restricted funds are subject lo specific conditions by donors a$ to how they may be used. The purposes and uses of the restrieled funds are set out in the notes lo the accounts. Designated funds comprise funds which ho been Set aside at the discretion of the Council membèrs for spe¢rfic purposes. The purposes and uses of the designated funds are set out in the notes lo the counts. Page 13 conlinu&J...
THE GUILD OF PSYCHOTHERAPISTS NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30TH SEPTEMBER 2025 DONATIONS AND LEGACIES 2025 2024 Donations and gifts Professional membership income Grants 2,924 60,731 63,000 8,628 49,677 3,000 126.655 61,305 INVESTMENT INCOME 2025 2024 Deposi( account interest 3.113 4.282 CHARITABLE ACTIVITIES COSTS Support costs (see note 51 Direct Costs Totals Professional Devekjpment Provision of facilities lo psychotherapists Professional training Guild clinic 18.658 29,944 48.602 73,831 89,820 59,232 73.831 107,902 67.708 18,082 8A76 241.541 56.502 298.043 SUPPORT COSTS Information Management technology Governan costs Totals Professional Devebpment Professional training Guild clinic 8,641 5.219 2,447 10.119 6,111 2.864 11.184 6.752 3.165 29.944 18.082 8,476 16,307 19,094 21.101 $6.502 TRUSTEES. REMUNERATION AND BENEFITS During the year ended 30th September 2025, 10 trustees were paid amounts lotalling £19,23412024." 8 Iruslees were paid amounts lolalling £16,9431.The amounts paid lo trustees were for their role in the clinic and l or training, not for their role as trustee5. OffKers are not required to pay standard membership fees during their period in office. Page 14 continued...
THE GUILD OF PSYCHOTHERAPISTS NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30TH SEPTEMBER 2025 TRUSTEES. REMUNERATION AND BENEFITS - continugd Trustees. expenses None of the Council members lor any persons connected with them) were reimbursed any expenses (turing the year. STAFF COSTS 2025 2024 Wages and salaries 88,057 94,417 88.057 94,417 The average monthly number of employees during the year was as follows.. 2025 2024 Support and administration No employees received emoluments in excess of £60,OIX). TANGIBLE FIXED ASSETS Fixtures and fittings Long leasehold Totals COST At 1 sl October 2024 and 30th September 2025 500.000 28,384 528,384 DEPRECIATION At 1 sl October 2024 and 30th September 2025 28,384 28,384 NET BOOK VALUE At 30th September 2025 500.000 500,000 At 30th September 2024 500,000 soo,000 Upon tran5rtion to FRS102, 'The Financtal Reporting Standard applicable in the UK and Republie of Ireland, the previous GAAP revaluation of the leasehold buildings was used as deemed cost. The leasehold property was re-valued al £500,000 by Tuckerman, an independent fimi of Chartered Surveyors, on 23 November 2011. The basis for valuation was open market value. The property is assessed annually by the tnjstees, who consider that the current market value is not material different from its nel book value. The historical cost of the propety is £431,614. Pagg 15 continued...
THE GUILD OF PSYCHOTHERAPISTS NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30TH SEPTEMBER 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Olhei debtors Prepayments and accrued income 16,700 914 12,466 903 16,614 13,369 10. CRETORS. Amoupifs FALLING DUE WITHIN ONE YEAR 2025 2024 Trade credrtors Soc*1 securty and other taxes Accruals Deferred in¢ome 9.035 1,353 163 42.163 8,101 {1.60DI 140 57S 52,714 7,216 11. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2025 Total funds 2024 Total funds Unrèstricted Restricted funds funds Fixed assets Current assets Current liabilities 500.000 233,824 152,7141 500.000 243.120 152,7141 500,000 162,328 17,2161 9.296 681.110 9,296 690,406 655,112 12. MOVEMENT IN FUNDS Net movement in funds At 1110124 At 3019r25 Unrestricted funds Gengral fund Designated fund - lixed asset fund Revaluation reserve 145,816 410,798 89,202 35,294 181,110 410,798 89,202 645,816 35,294 681.110 Restricted funds Sludenlship Fund 9,296 TOTAL FUNDS 655,112 35,294 690A06 Page 16 continued...
THE GUILD OF PSYCHOTHERAPISTS NOTES TO THE FINANCIAL STATEMENTS - contSnued FOR THE YEAR ENDED 30TH SEPTEMBER 2025 12. MOVEMENT IN FUNDS- continued Net movement in funds, in¢lude(l in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 270.337 1235,0431 35,294 Restrlct8d funds City Bridge Fund 63,000 163.0001 TOTAL FUNDS 333,337 1298,IM31 35,294 Comparatlves for movement In funds Net movement in funds At 1110123 At 3019124 Unrestriclod funds General fund Designated lund - fixed asset fund Revaluation reserve 90,602 410,798 89.202 55,214 145,816 410,798 89,202 590,602 55,214 645,816 Rostricted funds Sludenlship Fund Clinic Devebpmenl Fund Cty Bridge Fund 9,296 5,845 49,134 9,296 15,8451 149,1341 64,275 154,9791 9,296 TOTAL FUNDS 654.877 235 855,112 Comparative net movement in funds. included in the above are as follows.. IornIng resource5 Resources expended Movement in funds Unrestriclod funds General fund 269,832 1214,6181 55,214 Restricted funds Clinic Fund Clinic Development Fund Cty Bridge Fund 8,000 {8,0001 {5,8451 149,1341 15,8451 149,1341 8,000 162,9791 154,9791 TOTAL FUNDS 2n,832 1277,5971 235 The fixed asset fund is the net book value of the fed assets in the balance sheet. Pe 17 continued...
THE GUILD OF PSYCHOTHERAPISTS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2025 12. MOVEMENT IN FUNDS- continued The Studentship fund represents funds 1¢h have been receNed to be used exclusivety for student bursaries. The Cty 8ridge fund represents funds which have been receNed lo be used excluswety for the prov(sion of psychotherapy through The Guild of Psycholherapisls Clinic. 13. RELATED PARTY DISCLOSURES There were no related party transactions lor the year ended 30th September 2025. Page 18