R¢gistratioll number 4022199 Epiolle Wellbeillg Celltre Ltd Company limited by guarantee Directors, report and unaudited financial statemellts for the year ended 31 December 2023 Charity registration nutnber IG97830 CHARITY COMMISSION FIRST CONTACT 0 2 OCT 2024 ACCOUNTS RECEIItsD
Epione Wellbeiug Centre Ltd Company limited by guarantee Cojnpany inforniation Directors T Styiianou A Kyprianou P G¢orgiou Company number 4022199 Registered oifice 1160 High Road London N20 ORA Accountants Phillips Chartered Accoun1ts 1160 Htgh Road London N20 ORA Busin¢s5 address Denmark Road London N8 ODZ Bankers CAF Bank Ltd 25 Kinos Hill Avenue Kings Hill West MaEling Kent ME194JQ
Epione Wellbeing Centre Ltd Company limited by truarantee Contents Page Directors R¢port Examinees report Statement of fm8ncial activities Balance sheet Notes to thefinancial statements 9-12
Epione Wellbeing Centre Ltd Company limited by guarantee Direetors, report ror th¢ year ended 31 December 2023 The directors present their report and the fwanoial statemellts for the year ended 31 December 2023. The directors of the company arealso its trustees for the purpose of charity law and throughout this report are Collectively r¢ferred to as thedirectors. Th¢ financial stst¢ffj¢nts oomply with the Charilies Act2011, the Ststement ofRecommended PracticewAccounting and Rep)rting by Charities So1 2005 and the Companies Act 2006. Ineorporation and cbange of name The wmpany was incorpordfrd on 27 June 2000 as Aphrodite Greek Cypriot Women's Organisation Limited. The n8me of the company was Changed to Greek Cypriot Women's Organisation Ltd on 13 June 2002. The company comm¢n¢ed trading on l October 2003. Th¢ naTne of the company was ¢hang¢d to Epion¢ W¢llb¢ing Centre Limited on 2 July 2018. Principal aetivity The principal activity of th¢ company is that of a charitable organisation incorporated to preserve the health and advan¢em¢nt of education of women. Strneturei goverllance and management Epione Wellbeing Centre Ltd (EWC) is a registtred charity. The governing body of the charity are the trustees who comprise up to 3 members. They meet every month. The quorum necessary for the transa¢tion of the business of the Directors is ttvo Directors. Trustees g elected at the Annual General Meeting and are automatically re-elected. The number of tnTStees shall not be less than two noruntil othenvise detennin¢d by aGeneral Meeting more than thirty. Quorujn of members for AGM is one tenth of the total numbers or ten members personally present. EWC developed an induction pack and induction process foTtsw5tees, trustees, skills audit and organised tr&ining fortrustees following their eleotion within a month regarding Trustees Roles and Responsibilities. The tnain responsibility ofthetrustees is to forniulate the strategic plans ofth¢ charity along with the budgeL financial monitoring andfvndraisillg. Risk and intern21 Control The trust¢c$ hav¢ overall responsibility for ensuring that the charity has an appropriate system of controls fjnancial and othThAse. They a also responsible for Safeguardin Ihe assets of the charity and hence for taking reasonable step5 forthe prevention and Oetection of fraud and to provide reassurance that its assets ar¢ safeguarded against unauthorised use ordisposition) proper records are maintain¢d and financial infornjation used within the charity arLd for publication is reliable Jmd the charity complies ivith Trlevaut laws and regulation. EWC board of trust¢¢s undertook a risk management process and implemented appropriats financial proc¢dur¢5 and financial control and it is intended that ther¢gist¢r of its asset5 will be reviewed annu811y. Reserves policy Thetrustees have established thatthe main liabilities in the event of a reduction in funding werethc upkeep of th¢ premises. The trustees decidcd that EWC'S re5¢tv¢ should be in the sum of £5,000 alld that the reserves would still be sufficient to provide for the cessation of ciperation in the ¢vent of no finan¢ial support being secured. Page I
Epion¢ Wellbeing Centre Ltd Compally limited by guarallte¢ Directors, report for the year ended 31 December 2023 . continued Objectives The objects for which the EWC is established are'.- To promote thehealth and advance theeducation of women To provid¢ a worker to &>ordinate this project To Teach as many women of various ages and at different stages of health needs TO establish a 5UPPOrting system amongst the wotneEL and to increase their knowledge ofand confIdence in the health system To provide appropriate lit¢raÉur¢ and audio visual aids in th¢ir own language To develop their literacy skills in both Greek and English To offer counselling to individuals 2nd or the£roup where appropriate To act as ref¢rral agency To monitor needs Activitiesj a¢hievemenls Alld performance Keep fit class¢5 for vukllerable women Aims: To iTnprov¢ physi¢aI well - being To improve emotional well- betng To tackle agility and to r¢duce isolation Achievements- Lessons w¢r¢ successfully maintsined and will be contirnu¢d in th¢ foreseeable tsre. Interpretations aDd trallslatlon service to members Aims.. To support members in their ne¢ds of interpretation and translation Achievements: Members continued to use this service Page 2
Epione Wellbeiug Centre Ltd Company limlted by guarantse Directors, report for the year ended 31 December 2023 continued Social and cultural events Aims: To reduce isolation To increase social cohesion To provide a place for members to socialise To preseTve our culture and tradition Achievements: SignifIcant events in our calendar are celebr&ted throughout the year. These ar¢ always well attended and cnjoyed. The events include elements of tradition (such as foodldan¢¢). Counselling itt Greek or English Aims: To look at issu¢s and problems that women are unable to deal with in their life To increase self aw8reftess To reduce d¢pr¢ssion To tsckle anxiety. 8n8¢r, stress, lack of confidence, low self esteem Achievements: We facilit&t¢d the provision of couns¢lling to women ivhen nec¢5sary. Provision ofeommunity space to other grollps Aims: To maximise u5¢0fthe conutLunity space and to facilitate other local voluntary organisations by sharing Qommunity space and r¢source5 Achievements: This raised £45,314 ( D¢c¢mber 2022 . £42.255) for the lthheran¢¢ of Company's objectives. Directors The direotors who served during the year are as stated below: T stylianou A Kyprianou P Georgiou Page 3
Epione WellbeiniF Centre Ltd Compkiny limited by guarantee Directors, report for the year ended 31 December 2023 continued Statement of directors, respoDsibilities The directors are responsible for preparing the Dir¢¢tors' Report and the fancial statsments in accordanc¢ with applicable law and r¢gulations. Company law requÈr¢s the directors to prepare financial stat¢ments for each financial year. iFndeF that law th¢ directors have elted to prepare the fjnancial statements in accordance with United KingdoJn Generally Accepted Accounting Practice (United Kingdom Accountino Standards and applicable law). Under company laiv the directors must not approve the fInan¢ial statements unless they ar¢ satisfLed that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that year. In preparing these fJnan¢ial statem¢nts, th¢ directors a required to: s¢l¢¢t suitabl¢ accounting polici¢s a]]d apply them consistently. Tnake judgeFnents and estimates that are reasonable and prudenL state whether applicabl¢ UK Accounting Stsndards have been followed, subject to any material d¢partur¢s disclosed and explained in the finan¢ial statements- prepare the fJnan¢ial statements on the going concern basis unless it is inappropriate to presume that the ¢ompany will continue in business. The directors are responsibl¢ for keeping adequate accounting Fecords that ar¢ sufficient to show and explain the company's transactions and disclose ivith reasonable accuracy at any time th¢ financial p051tion of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguardtng the assets of th¢ company and h¢nce for tsking reasonable steps for the prevention and detection of fraud and other i¢glaritIes. This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies A¢t 2006. This report was approved by th¢ Board on 23 September 2023 and signed on its behalf by Theodosia StyliallQU Director Pag¢ 4
Epione We]Ibeing Centre Ltd Company Limited by 4FuaranteÈ Independent Exajniner's, reportto thetrusteesl directors of Epione Wellbeing Centre Ltd I report on the accouDts of the Company for the Ye ended 31 December 2023. which are set out on pages 6 to 12. Respective responsibilities of trustees/dirt¢tors and examiner The charitys trusteesldirectors are responsiblefor the pParatIOn of the accounts. The charity's trusteesldirectors consider that an audit is not required for this year und¢r section 144 ofthe Charities Act2011 (the 201 l Act) and that an independent examination is needed. It is my responsibility to: - to examine the accounts under section 145 of the 2011 Act. - to follow the pro¢edures laid doivn in th¢ GeneRI Directions given by the Charity Comtnissioners und¢r s¢ction 145(5) of the 2011 Act. and - to state wh¢iher particular matters have come to my attention. Basis of indepelldent eyamiDers' report My examination was catTied out ill a¢¢ordance with the General Directions giveh by th¢ Charity Commissioners. An ex8mination includ¢s a review of the CountIng rordS kept by th¢ Charity and a comparison of the accounts presented with those records. It also includes consideration of any un¥Jsual items or disclosures in the accounts, and the seeking of ¢xplanations from you as tru#eesldire¢tors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently* no opinion is given as to whether the accounts present a'true and fair view, and the report is I1[ted to those matters set out in the statement below. Illdependent examiner's statement In accordanc¢ with rny examiTJation, no matter has come to my att¢nUon'. which gives me reasonable cause to believe thaL in any material respe¢L the TequiTements: - to keep accounting records in accordance iyith section 130 of th¢ Charities Act 2011; and - to prepare accounts which accord with the accounting records andto comply with th¢ accounting requirements of th¢ 2011 Act have not be¢n md., or 2. to which, in my opinÉon, attention should be drnwn in orderto enable aproper understanding of the a¢couTrts to be reached. Philips Chartered Aeeountants, 1160 High Road, London Date.. Page 5
Epione Wellbeing Celltre Ltd Compally limited by guarantee Statement of Fin#neRal Activities Year ended 31 Deoember 2023 Year Ended 31 December 22 Total 2023 2023 Restricted Unrestrieted Total und Fund Notes In¢oJning resource5 Incoming resource5 from generated funds Bank interest receivable Incoming resOUe$ from charitable activitie5 Investment income 44 45,314 io 42,255 45,314 Total ineoming resources 45 3)8 45 3585 Resourees expended Charit&ble activities Gov¢rnan¢¢ costs 29,447 12 29,447 18,281 13 Total resources expellded Net ill¢onLing/Outgoing resources Net transfer of funds 3.686 3.686 10.644 BALANCE BROUGHT FORWARD BALANCE CARRJED FORWARD (44.062) (44.062) (47,748) The notes on pages 9 to 12 fortn an integral part of these financial statements. Pag¢ 6
Epione Wellbeillg Centre Ltd Compally limited by guarantee Balance sheet as at 31 December 2023 31112123 31112122 Notes Fixed assets Tangible assets Current asbets Debtors Cash at bank and in hand 31,087 28,171 31,087 28,171 Creditor5: amounts falling due withill one year Net current liabi]ities (75.149) (75,919) (44,062) (47,748) Total a55ets less current liabilities (44.062) (47,748) Deficiency of assets Reserve5 Designated Funds Unrestricted Funds (47.748) 5,000 (49,062) 5,000 (52,748) Member5, funds (44.062) (47.748) The directors, statements required by Sections 475(2) aDd (3) are shown on the following page which fortns part of this Balance Sheet. The notes on pages 9 to 12 form an integral part of these fiuaucial stattmellts. Page 7
Epione WellbeiDg Celltre Ltd Compally limited by guarantee Balance sheet (continued) Direetor5' 5tatemellts required by Sections 475(2) and (3) ror the year ended 31 De¢ember 2023 For the year ended 31 December 2023 the company was ¢ntLtl¢d to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: . The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476" and Th¢ directors a¢knowledge their responsibilities for complying with the requirements of the Act with r¢speet to accounting records and the preparation of accounts. Thes¢ coUnts have been prepared in accordance with the provisions applicable to companies subj¢¢t to the small companies regime and with theFinancial Reporting Standard forsmaller Entities (effective April 2008). These accounts w¢re approved by the directors on 23 September 2024, and are signed on their behalf by: Thwdosia StyJ24nou Dlrector R¢gi$tratioD number 4022199 The not¢s on pages 9 to 12 form akn intsgral part of these fjnanciai statements. Pag¢ 8
Epione Wellbeillg Centre Ltd Company limited byguarantee Notes to the financial statements for the year ended 31 De¢èmber2023 Accouutillg policies Accoullting ¢onvention The financial stateffl¢nts are prepared under the historical Cost convention And in aecordance with the Fittancial Reporting Standard for Smaller Entities (effective April 2008). 1.2. Iucoming resources Incoming resource5 represents the value of Grants, Project income and Donations and other Fund raising activities r¢¢¢ivable during the year. 1.3. Tangible fixed assets and depreciation D¢pi¢¢iation is provided at rate5 calculated ro write off the ¢ost less residual value of each asset over its expected usefvl life, as follows.. Fixtures. fittings and equipment 25Q/o reducing balance 1.4 Resources expended R¢sources expenaed are included in the Ststement of Financial Activities on an accruals basis. Expenditure which is directly attributable to specific activities has been includ¢d in these cost catrgories. Where costs are attributable to tnore than one activity, they hav¢ been apportioned across the cost cat¢gori¢s on a basis consistent with the use of these resourG¢5, Illcomillg resour¢es The total turnover of the COEnpany for th¢ year has been derived from its principal a¢tivity wholly undertaken in the UK. Incoming r¢sources during theyear was attributsble to geographical markets wholly within theunited Kingdom. 2.1 Ineoming resources from aetivities to further the cbarity's objects EWC continued carry out its core activities of running drop-in segsions mainly forthe iv¢lfare of women in The London Borough of Haringey area. Page 9
Epione Wellb¢illg Centr¢ Ltd Company limited by guarantee Notes to the financi31 statements fortheyearended31 December2023 .. continued Year ended Year ended Total resources expend¢d 31112123 31n2122 Basis of Restricted Unrestri¢ted Governance allocation activities activities Total Total Cost directly allocated io activities.. Material & other direct suppli¢s Bank Charges Direct Accountsncy Direct L¢g&l & professional fees Direct Support costs allocated to activities: Premises General office Repairs & maintenance Comlnunications PPS & Computer costs Depreciation Coosultancy Direct 5,581 5,581 3,721 78 1,750 3.000 78 1.750 3.000 81 1,750 Usage Usage Usage Usage Usage Usage Usage 10,624 1,480 2.964 657 1,113 10,624 1,480 2,964 657 1,113 9,450 848 1.558 862 Pag¢ 10
Epione Wellbeillg Centre Ltd Company limited by guarantee Notes to the financial statements fortheyearended31December2023 . continued Fiitures, rittings and equipment Tangible fixed assets Total At 31 December 2022 949 49 At 31 December 2023 Depreciation At 31 December 2022 Charge for the year At 31 Decgmber 2023 949 949 Net book values At 31 December 2022 At 31 December 2023 5. Debtors 31112123 31112122 Trade debtors Bank and Cash 31112123 31112122 Bank of Cyprus 518556 I I CAF Bank Ac 00034211 and Pety Cash 12.440 12.440 731 7. Creditors: amounts falling due ithin one year 3J112n3 31112122 Other oreditors Accrua15 and deferred income 600 600 75 Pagell
Epione Wellbeiug Centre Ltd Company limit¢d by guarantee Notes to the financial statements fortheyearended31December2023 .continued Unrestrieted Funds Reserves Total At 31 December 2022 Surplus for the year At 31 Decetnber 2023 {47,748) (47,748,, 3,686 (44,062) (47.748; Company limited by guarantee The company is limited by gu8rantse and without a share capital Page 12